David Pearce — The Anatomy of Happiness
“While researching epilepsy, neuroscientist Itzhak Fried stumbled on a ‘mirth’ center in the brain — given this, what ought we be doing to combat extreme suffering and promote wellbeing?”
David Pearce — The Anatomy of Happiness… While researching epilepsy, neuroscientist Itzhak Fried stumbled on a ‘mirth’ center in the brain — given this, what ought we be doing to combat extreme suffering and promote wellbeing?
Posted in bitcoin, business, complex systems, counterterrorism, cryptocurrencies, cybercrime/malcode, disruptive technology, economics, education, employment, encryption, finance, futurism, governance, government, hacking, innovation, law enforcement, open access, policy, privacy, security, strategy, terrorism
We face complexity, ambiguity, and uncertainty about the future consequences of cryptocurrency use. There are doubts about the positive and negative impacts of the use of cryptocurrencies in the financial systems. In order to address better and deeper the contradictions and the consequences of the use of cryptocurrencies and also informing the key stakeholders about known and unknown emerging issues in new payment systems, we apply two helpful futures studies tools known as the “Future Wheel”, to identify the key factors, and “System Dynamics Conceptual Mapping”, to understand the relationships among such factors. Two key scenarios will be addressed. In on them, systemic feedback loops might be identified such as a) terrorism, the Achilles’ heel of the cryptocurrencies, b) hackers, the barrier against development, and c) information technology security professionals, a gap in the future job market. Also, in the other scenario, systemic feedback loops might be identified such as a) acceleration of technological entrepreneurship enabled by new payment systems, b) decentralization of financial ecosystem with some friction against it, c) blockchain and shift of banking business model, d) easy international payments triggering structural reforms, and e) the decline of the US and the end of dollar dominance in the global economy. In addition to the feedback loops, we can also identify chained links of consequences that impact productivity and economic growth on the one hand, and shift of energy sources and consumption on the other hand.
Watch the full length presentation at Victor V. Motti YouTube Channel
Today, it was announced that the SingularityNET and TODA ecosystems will be joining forces to create scalable platforms and a product accelerator for decentralized AI.
The partnership brings blockchain AI pioneer SingularityNET and its enterprise-AI spinoff Singularity Studio together with TODA.Network and TODAQ from the TODA Protocol family.
Technical teams from both ecosystems are experimenting with bringing the two technologies together on the operational level, by building a “Singularity-on-TODA” system in which SingularityNET AI agents can optionally utilize the TODA protocol rather than Ethereum for their interactions.
The cryptocurrency Bitcoin is limited by its astronomical electricity consumption and outsized carbon footprint. A nearly zero-energy alternative sounds too good to be true, but as School of Computer and Communication Sciences (IC) Professor Rachid Guerraoui explains, it all comes down to our understanding of what makes transactions secure.
To explain why the system developed in his Distributed Computing Lab (DCL) represents a paradigm shift in how we think about cryptocurrencies—and about digital trust in general—Professor Rachid Guerraoui uses a legal metaphor: all players in this new system are “innocent until proven guilty.”
This is in contrast to the traditional Bitcoin model first described in 2008 by Satoshi Nakamoto, which relies on solving a difficult problem called “consensus” to guarantee the security of transactions. In this model, everyone in a distributed system must agree on the validity of all transactions to prevent malicious players from cheating—for example, by spending the same digital tokens twice (double-spending). In order to prove their honesty and achieve consensus, players must execute complex—and energy-intensive—computing tasks that are then verified by the other players.
Other companies are even closer than Google, and it’s about more than just cracking cryptocurrency. Mike has the details in this breaking report…
SHA-256 is a one way hashing algorithm. Cracking it would have tectonic implications for consumers, business and all aspects of government including the military.
It’s not the purpose of this post to explain encryption, AES or SHA-256, but here is a brief description of SHA-256. Normally, I place reference links in-line or at the end of a post. But let’s get this out of the way up front:
Bitcoin and cryptocurrency adoption has failed to live up to expectations over recent years and fears around scams, fraud, and theft have not helped.
The bitcoin price, after its epic 2017 bull run, slumped last year– though has rebounded in 2019, climbing back above $10,000 per bitcoin.
Now, researchers have warned a staggering four out of the first five results returned when asking Google for a “bitcoin qr generator” led to scam websites–potentially furthering negative public perception around bitcoin and cryptocurrency.
The blockchain is public, yet a Bitcoin wallet can be created anonymously. So are Bitcoin transactions anonymous? Not at all…
Each transaction into and out of a wallet is a bread crumb. Following the trail is trivial. Every day, an army of armchair sleuths help the FBI. That’s how Silk Road was brought down.
The problem is that some of that money eventually interacts with the real world (a dentist is paid, a package shipped or a candy is purchased at a gas station). Even if the real-world transaction is 4 hops before or after hitting the “anonymous” wallet, it creates a forensic focal point. Next comes a tax man, an ex-spouse or a goon.
Bitcoin and cryptocurrency prices are well known to be closely tied to media and general public interest –-though that could be changing.
The bitcoin price has been climbing so far this year, rising some 200% since January, though has recently plateaued at around $10,000 per bitcoin after peaking at more than $12,000 in June.
Now, it appears Google searches for bitcoin and BTC, the name used by traders for the bitcoin digital token, could be being manipulated–-possibly in order to move the bitcoin price.
