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Chinese ambassador to Australia extends olive branch to Dutton but warns against letting differences ‘hijack’ relationship
Tue, 26 Nov 2024 06:26:21 GMT
Thaw to continue despite points of contention over territory disputes in south-east Asia, Taiwan, China’s ties to Russia and human rights abuses
China’s top envoy in Australia has extended the olive branch to Peter Dutton’s Coalition, urging the major parties not to let “differences” between the two countries “hijack our cooperation”.
At a press briefing in Canberra on Tuesday, the ambassador, Xiao Qian, said Beijing was “happy” with the diplomatic stabilisation between Australia and China under Labor – but “not complacent”.
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Continue reading...Attorney Jamieson Greer to play key role in trade team and investor Jim O’Neill picked to be RFK Jr’s health deputy
Donald Trump announced his selections for a series of positions in his administration Tuesday evening. The posts include the president-elect’s picks for deputy secretary of health and human services, US trade representative and head of the national economic council, among others.
Jamieson Greer, an attorney who served under Trump’s previous trade representative Robert Lighthizer, will serve as US trade representative. In his announcement, Trump said: “Jamieson played a key role during my First Term in imposing Tariffs on China and others to combat unfair Trade practices, and replacing the failed NAFTA deal with USMCA, therefore making it much better for American Workers.”
Continue reading...This live coverage has ended. you can find our US politics stories here.
Donald Trump has used the fentanyl crisis gripping the US to support his ambition to impose trade tariffs on China. It gives the incoming US president an opportunity to both appear to be addressing the narcotics emergency, while also reinforcing one of his key aims in terms of US trade.
China is the dominant source of chemical precursors used by Mexican cartels to produce fentanyl, while Chinese money launderers have also become key players in the international drug trade, US authorities say.
Trump has said that, as soon as he gets into office, he will impose a 25% tariff on “ALL products coming into the United States” from Mexico and Canada.
He says the tariffs will remain in place until both countries clamp down on migrants and drugs crossing the border into the US.
Trump also says he will impose a further 10% tariff “above any additional tariffs” on all products coming into the US from China.
It was not entirely clear what this would mean for China as Trump has previously pledged to end China’s most-favoured-nation trading status and slap tariffs on Chinese imports in excess of 60% - much higher than those imposed during his first term.
The reasons for the China tariff, Trump said, was their failure to curb the supply of drugs into the US. China is a major producer of the chemicals used to manufacture fentanyl.
Continue reading...Research reflects rising optimism about country’s green transition as it takes leading position on climate action
Nearly half of experts surveyed by a climate thinktank believe China’s carbon dioxide emissions have already peaked, or will do so in 2025, reflecting increasing optimism about the country’s green transition at a time when it is being called on to take a leading position on global climate action.
According to a report published on Tuesday by the Centre for Research on Energy and Clean Air (CREA), a research organisation, 44% of climate experts from academia and industry believe that China’s CO2 emissions will peak, at the latest, in 2025. In last year’s survey, only 21% of experts gave the same response.
Continue reading...US trade policies since 2016 highlight a broader global retreat from globalisation, driven by geopolitical tensions and shifting economic priorities
Donald Trump’s broadside against America’s three largest trading partners, with whom it runs a $500bn trade deficit, should surprise no one. Since 2016, both Mr Trump and Mr Biden have departed from established norms in international trade. The two presidencies diverged significantly in approach: Mr Biden emphasised systemic reform while Mr Trump relied on rhetoric and theatrics. Although both administrations faced criticism for driving up costs through tariffs and industrial policy, global events were primarily behind rising prices.
Mr Trump’s self-declared fondness for tariffs is closely tied to his ability to authorise them unilaterally, bypassing Congress under claims of national security. This may explain his recent announcement of plans to impose 25% tariffs on all goods from Canada and Mexico, and an additional 10% on Chinese imports, unless these countries address alleged issues of illegal immigration and fentanyl smuggling. The US president-elect clearly sees tariffs as more than mere policies; they are a calculated means of gaining leverage. By threatening to impose them, Mr Trump is signalling a desire to negotiate – but only on his terms.
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Continue reading...Donald Trump’s additional 10% tax on Chinese imports said to be response to China’s failure to curb its flow into US
Donald Trump has said that his favourite word is tariff, which he describes as “the most beautiful word in the dictionary”.
So his announcement on Monday that he would be imposing 25% tariffs on imports from China, Mexico and Canada was perhaps to be expected. He also separately outlined “an additional 10% tariff” on imports from China, which – even if enacted – would be well below the 60% rate that Trump had threatened on the campaign trail.
Continue reading...Diane Abbott MP, Jeremy Corbyn MP, Ayoub Khan MP, Shockat Adam MP, Iqbal Mohamed MP, Adnan Hussain MP, Brian Eno, Alex Gordon, Fran Heathcote, Sophie Bolt and Lindsey German say diplomacy is the only path to peace. Plus, Laurie Farnum on why Russia can’t be trusted and Alex Hetmanczuk on the west’s failure to tackle it earlier
We are deeply concerned about the escalation in Ukraine. In response to British-made Storm Shadow missiles fired into Kursk (Report, 20 November), just days after Ukraine used the US’s army tactical missile systems (Atacms) to attack Bryansk, reports indicate that Russia has now launched intercontinental missiles into southern Ukraine. This rapid escalation seriously threatens an all-out military confrontation with Russia and Nato. The risk of a nuclear attack cannot be ruled out.
The British government has to take responsibility for its actions and these terrible consequences. With hundreds of thousands already killed and injured, securing an end to this horrific conflict is crucial. We call on Joe Biden and Keir Starmer to halt this escalation and secure talks with Russia and Ukraine. Diplomacy and dialogue, not military escalation, are the only viable paths to a peaceful settlement in the region.
Diane Abbott MP, Jeremy Corbyn MP, Ayoub Khan MP, Shockat Adam MP, Iqbal Mohamed MP, Adnan Hussain MP, Brian Eno, Alex Gordon President, RMT, Fran Heathcote General secretary, PCS, Sophie Bolt General secretary, CND, Lindsey German Convener, Stop the War Coalition
Trade experts hail ‘new era of protectionism’ with targeted countries retaliating with their own tariffs
Donald Trump’s threat to impose steep tariffs on goods imported into the US has set the stage for a bitter global trade war, according to trade experts and economists, with consumers and companies warned to brace for steep costs.
The president-elect announced on Monday night that he intended to hit Canada, Mexico and China with tariffs on all their exports to the US – until they reduce migration and the flow of drugs into the country.
Continue reading...Tariffs on Mexican, Canadian and Chinese goods threaten not just those nations but global economic growth
European companies were wondering whether they had dodged a harmful blow to their US sales after Donald Trump promised to slap trade tariffs on Mexican, Canadian and Chinese goods in social media posts late on Monday.
They could congratulate themselves for avoiding the incoming president’s gaze – so far – and watch as he turned his anger on Beijing and Washington’s nearest trading partners.
Continue reading...President-elect attacks neighbors over immigration and accuses China over fentanyl entering US
Donald Trump has said that he will sign an executive order imposing a 25% tariff on all products coming in to the United States from Mexico and Canada, and additional tariffs on China, once he becomes US president again.
“On January 20th, as one of my many first Executive Orders, I will sign all necessary documents to charge Mexico and Canada a 25% Tariff on ALL products coming into the United States, and its ridiculous Open Borders,” Trump said in a post on Truth Social.
Continue reading...Mass stabbings and car rammings have prompted soul-searching about the state of society
Beijing is ramping up scrutiny of “common” disputes such as those involving marriages and property, the justice ministry said, as the public reels from a recent string of deadly attacks.
China has witnessed a spate of violent incidents in recent months – from mass stabbings to car rammings – a rare development for a country with a proud reputation for public security.
Continue reading...The marketing of a new military tech tool powered by Meta’s artificial intelligence is “irresponsible” and “clumsy,” experts said.
The post Meta-Powered Military Chatbot Advertised Giving “Worthless” Advice on Airstrikes appeared first on The Intercept.
Returning to his native Christchurch is having a positive effect on the captain and hopefully will lift his side too
Come rain or shine, New Zealand cricketers tend to wear a smile on their faces. But this week there is a palpable glow around the place, that remarkable clean sweep in India, coupled with victory for the women’s team in the T20 World Cup, still fresh in the memory. Hagley Oval is sold out for the first Test against England, folks drawn to its inviting grass banks.
English cricket has felt a little less cheery by contrast, be it their women’s team flunking that latest shot at a global title, the continuing culture war as the sale of the Hundred teams gathers pace, or the men’s Test side having lost in Pakistan to reopen the debate about the merits of so-called Bazball. Ben Stokes seemed to embody the mood in Pakistan, his return from a hamstring injury resulting in what he calls one of his toughest trips. A burglary back at home added to the stress levels and nearly forced an early flight back, only for his wife, Clare, to persuade him otherwise.
Continue reading...Exclusive: Dual national understood to be in stable condition after tragedy which has claimed six lives
A third Australian also fell ill after a suspected mass methanol poisoning in Laos that has claimed six lives, Guardian Australia has confirmed.
Melburnians Bianca Jones and Holly Bowles, both 19, died in hospital in Thailand after the tragedy, which also claimed the lives of people from Denmark, the UK and the US.
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Continue reading...A media mogul, a computer programmer, a developer, a trade unionist, and a Sikh activist – the prisoners arbitrarily detained abroad
The cases of five British men, held for years without a fair trial, are being highlighted as MPs, families, and campaigners fight for their release and better help for all those arbitrarily detained abroad. Who are the five, and what has happened to them?
Continue reading...Dongduk women’s university in Seoul was set up to help women in a deeply patriarchal society, but a demographic crisis is putting that under pressure
Spray paint and protest banners cover the walls and pavements of Dongduk women’s university in Seoul. “We’d rather perish than open our doors,” reads one slogan. Since 11 November, students have staged a sit-in, initially occupying the main building and blocking access to classroom buildings across campus, forcing classes to move online and a planned job fair to be cancelled.
The outcry was sparked by plans for some departments to admit male students but have since spiralled into a wider clash over the future of women-only spaces in a country that is grappling with the issue of gender equality.
Continue reading...Survival International says Hongana Manyawa in Indonesia are at risk but mining company says the people in ‘voluntary’ contact with workers
Uncontacted hunter-gatherers in Indonesia “are facing a severe and immediate threat of genocide” because of mining for minerals on their lands for use in electric vehicles, a report claims.
In their own language, the Indigenous Hongana Manyawa people, of Halmahera island, call themselves “the people of the forest”. But their forest home is being destroyed in a rush for nickel, a crucial component in rechargeable batteries, campaigners say.
Continue reading...Lots of details that are beyond me.
Trudeau adviser shuts down foreign ministry’s allegations that Indian government was behind intimidation plot
Canada, which expelled six Indian diplomats over allegations they were involved in a plot against Sikh separatists, has denied it has evidence Narendra Modi was linked to violence on Canadian soil.
The Canadian foreign ministry last month alleged Amit Shah, considered the number two in Modi’s government, was behind a campaign of intimidation in Canada. Ottawa says it has evidence linking Indian government agents to the 2023 murder of the Sikh separatist Hardeep Singh Nijjar in Canada.
Continue reading...Sanders’s resolutions to block arms sales to Israel gained momentum, but ran headlong into White House opposition.
The post Bernie Sanders Lost Vote to Block Arms for Israel, Says U.S. Is “Funding the Starvation of Children in Gaza” appeared first on The Intercept.
Manager and seven staff at Nana backpackers hostel detained after death of six tourists
Police in Laos have detained the manager of a backpacker hostel in Vang Vieng as well as seven of its staff after the deaths of six tourists in a suspected mass methanol poisoning.
Two Danish citizens, an American, a Briton and two Australians died after becoming ill after a night out in the small riverside town. A third Australian, a dual national, also fell ill, and is understood to be in a stable condition.
Continue reading...Temperatures unlikely to exceed -20C in parts of Canada, while a red weather warning has been issued for Sri Lanka
An area of low pressure moving along the US-Canada border brought heavy snowfall to parts of western Canada at the weekend. A weather warning has been issued for the provinces of Alberta and Saskatchewan for 150-250mm (6-10in) of snow.
As the weather system moves, it is expected to bring further snow to eastern parts of the country early this week. Pressure building after the snowfall is expected trap cold air from the north, triggering severe frost.
Continue reading...Simone White was one of six people to die in suspected methanol poisoning incident in Vang Vieng
Tributes have been paid to the “beautiful, kind and loving” British tourist Simone White, one of six people to die in a suspected mass methanol poisoning in Laos.
The six died after allegedly being served drinks laced with methanol in Vang Vieng, a town popular with backpackers. These include the Australian teenagers Bianca Jones and Holly Bowles, both 19, an American man and two Danish women aged 19 and 20.
Continue reading...Silicon Valley has successfully rebranded military contracting as a proud national duty for the industry.
The post Trump’s Election Is Also a Win for Tech’s Right-Wing “Warrior Class” appeared first on The Intercept.
Democrats are in disarray. It’s time to name our enemies and assert our demands to build a party that can win.
The post Take Out the Trash: A Proposal to Clean Up the Democratic Party appeared first on The Intercept.
The environmental harm caused by this shapeshifting, underregulated industry must be tackled
Local pushback against cruise ships in the world’s top tourist destinations is nothing new. More than three years ago, these vast vessels were barred from Venice’s lagoon on grounds of the risk they posed to the city’s historic buildings. This summer, cruise ships in Amsterdam and Barcelona were targeted by protesters, on grounds of chemical pollution but also as part of a wider movement against overtourism (as the negative impacts of huge influxes of visitors have become known). But – as revealed this week in a series of Guardian articles, The real cost of cruises – the environmental and social impact of this fast-growing industry goes way beyond individual cities, and requires action on a global scale.
The carbon emissions of a cruise are roughly double that of the equivalent flights plus a hotel stay. The industry is also responsible for a vast quantity of waste discharged directly into the sea, as well as high levels of toxic air pollution in the ports where ships are docked – usually with their engines running. Once seen as the exclusive pursuit of a minority of wealthy retired people, these holidays are now mainstream, with vast floating resorts designed and marketed for families and young adults. The largest ships have up to 20 floors and room for several thousand people.
Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.
Continue reading...Research reflects rising optimism about country’s green transition as it takes leading position on climate action
Nearly half of experts surveyed by a climate thinktank believe China’s carbon dioxide emissions have already peaked, or will do so in 2025, reflecting increasing optimism about the country’s green transition at a time when it is being called on to take a leading position on global climate action.
According to a report published on Tuesday by the Centre for Research on Energy and Clean Air (CREA), a research organisation, 44% of climate experts from academia and industry believe that China’s CO2 emissions will peak, at the latest, in 2025. In last year’s survey, only 21% of experts gave the same response.
Continue reading...Madeleine Finlay hears from the Guardian’s environment editor, Damian Carrington, about the controversial climate finance deal that brought Cop29 negotiations to a close in the early hours on Sunday morning in Baku, Azerbaijan. Developing countries asked rich countries to provide them with $1.3tn a year to help them decarbonise their economies and cope with the effects of the climate crisis. But the final deal set a pledge of just $300bn annually, with $1.3tn only a target. Damian tells Madeleine how negotiations unfolded, and what we can expect from next year’s conference in Brazil
Find all the Guardian’s reporting on Cop29
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Continue reading...The OSHA heat regulation was one of the few to have broad public support, but Democrats can’t ever seem to get their act together.
The post Biden Made “Record Time” on Worker Protections for Heat. Trump Could Quickly Stamp Them Out. appeared first on The Intercept.
Democrats are in disarray. It’s time to name our enemies and assert our demands to build a party that can win.
The post Take Out the Trash: A Proposal to Clean Up the Democratic Party appeared first on The Intercept.
SEMrush and Ahrefs are among
the most popular tools in the SEO industry. Both companies have been in
business for years and have thousands of customers per month.
If you're a professional SEO or trying to do digital
marketing on your own, at some point you'll likely consider using a tool to
help with your efforts. Ahrefs and SEMrush are two names that will likely
appear on your shortlist.
In this guide, I'm going to help you learn more about these SEO tools and how to choose the one that's best for your purposes.
What is SEMrush?
SEMrush is a popular SEO tool with a wide range of
features—it's the leading competitor research service for online marketers.
SEMrush's SEO Keyword Magic tool offers over 20 billion Google-approved
keywords, which are constantly updated and it's the largest keyword database.
The program was developed in 2007 as SeoQuake is a
small Firefox extension
Features
Ahrefs is a leading SEO platform that offers a set of
tools to grow your search traffic, research your competitors, and monitor your
niche. The company was founded in 2010, and it has become a popular choice
among SEO tools. Ahrefs has a keyword index of over 10.3 billion keywords and
offers accurate and extensive backlink data updated every 15-30 minutes and it
is the world's most extensive backlink index database.
Features
Direct Comparisons: Ahrefs vs SEMrush
Now that you know a little more about each tool, let's
take a look at how they compare. I'll analyze each tool to see how they differ
in interfaces, keyword research resources, rank tracking, and competitor
analysis.
User Interface
Ahrefs and SEMrush both offer comprehensive information
and quick metrics regarding your website's SEO performance. However, Ahrefs
takes a bit more of a hands-on approach to getting your account fully set up,
whereas SEMrush's simpler dashboard can give you access to the data you need
quickly.
In this section, we provide a brief overview of the elements
found on each dashboard and highlight the ease with which you can complete
tasks.
AHREFS
The Ahrefs dashboard is less cluttered than that of
SEMrush, and its primary menu is at the very top of the page, with a search bar
designed only for entering URLs.
Additional features of the Ahrefs platform include:
SEMRUSH
When you log into the SEMrush Tool, you will find four
main modules. These include information about your domains, organic keyword
analysis, ad keyword, and site traffic.
You'll also find some other options like
Both Ahrefs and SEMrush have user-friendly dashboards,
but Ahrefs is less cluttered and easier to navigate. On the other hand, SEMrush
offers dozens of extra tools, including access to customer support resources.
When deciding on which dashboard to use, consider what
you value in the user interface, and test out both.
If you're looking to track your website's search engine
ranking, rank tracking features can help. You can also use them to monitor your
competitors.
Let's take a look at Ahrefs vs. SEMrush to see which
tool does a better job.
The Ahrefs Rank Tracker is simpler to use. Just type in
the domain name and keywords you want to analyze, and it spits out a report
showing you the search engine results page (SERP) ranking for each keyword you
enter.
Rank Tracker looks at the ranking performance of
keywords and compares them with the top rankings for those keywords. Ahrefs
also offers:
You'll see metrics that help you understand your
visibility, traffic, average position, and keyword difficulty.
It gives you an idea of whether a keyword would be
profitable to target or not.
SEMRush offers a tool called Position Tracking. This
tool is a project tool—you must set it up as a new project. Below are a few of
the most popular features of the SEMrush Position Tracking tool:
All subscribers are given regular data updates and
mobile search rankings upon subscribing
The platform provides opportunities to track several
SERP features, including Local tracking.
Intuitive reports allow you to track statistics for the
pages on your website, as well as the keywords used in those pages.
Identify pages that may be competing with each other
using the Cannibalization report.
Ahrefs is a more user-friendly option. It takes seconds
to enter a domain name and keywords. From there, you can quickly decide whether
to proceed with that keyword or figure out how to rank better for other
keywords.
SEMrush allows you to check your mobile rankings and
ranking updates daily, which is something Ahrefs does not offer. SEMrush also
offers social media rankings, a tool you won't find within the Ahrefs platform.
Both are good which one do you like let me know in the comment.
Keyword research is closely related to rank tracking,
but it's used for deciding which keywords you plan on using for future content
rather than those you use now.
When it comes to SEO, keyword research is the most
important thing to consider when comparing the two platforms.
The Ahrefs Keyword Explorer provides you with thousands
of keyword ideas and filters search results based on the chosen search engine.
Ahrefs supports several features, including:
SEMrush's Keyword Magic Tool has over 20 billion
keywords for Google. You can type in any keyword you want, and a list of
suggested keywords will appear.
The Keyword Magic Tool also lets you to:
Both of these tools offer keyword research features and
allow users to break down complicated tasks into something that can be
understood by beginners and advanced users alike.
If you're interested in keyword suggestions, SEMrush
appears to have more keyword suggestions than Ahrefs does. It also continues to
add new features, like the Keyword Gap tool and SERP Questions recommendations.
Both platforms offer competitor analysis tools,
eliminating the need to come up with keywords off the top of your head. Each
tool is useful for finding keywords that will be useful for your competition so
you know they will be valuable to you.
Ahrefs' domain comparison tool lets you compare up to five websites (your website and four competitors) side-by-side.it also shows you how your site is ranked against others with metrics such as backlinks, domain ratings, and more.
Use the Competing Domains section to see a list of your
most direct competitors, and explore how many keywords matches your competitors
have.
To find more information about your competitor, you can
look at the Site Explorer and Content Explorer tools and type in their URL
instead of yours.
SEMrush provides a variety of insights into your
competitors' marketing tactics. The platform enables you to research your
competitors effectively. It also offers several resources for competitor
analysis including:
Traffic Analytics helps you identify where your
audience comes from, how they engage with your site, what devices visitors use
to view your site, and how your audiences overlap with other websites.
SEMrush's Organic Research examines your website's
major competitors and shows their organic search rankings, keywords they are
ranking for, and even if they are ranking for any (SERP) features and more.
The Market Explorer search field allows you to type in
a domain and lists websites or articles similar to what you entered. Market
Explorer also allows users to perform in-depth data analytics on These
companies and markets.
SEMrush wins here because it has more tools dedicated to
competitor analysis than Ahrefs. However, Ahrefs offers a lot of functionality
in this area, too. It takes a combination of both tools to gain an advantage
over your competition.
When it comes to keyword data research, you will become
confused about which one to choose.
Consider choosing Ahrefs if you
Consider SEMrush if you:
Both tools are great. Choose the one which meets your
requirements and if you have any experience using either Ahrefs or SEMrush let
me know in the comment section which works well for you.
Hidden in five chests across the US, the bounty includes everything from a Picasso pendant to Jackie O’s sapphires and a spot of crypto currency. We meet Jon Collins-Black, writer of the book behind the hunt – and a searcher himself
Jon Collins-Black’s mother had always dreamed of living in a log cabin. So when his father, a minister, was given 20 acres of land by a member of his congregation, he built her one in North Carolina. “Literally with his bare hands,” Collins-Black says. On sweltering days, the young Collins-Black would chase lizards, sneak up on snakes, and dig holes. On balmy nights, he’d wonder what he might find the next day. Still, closest to his heart were his days spent at the Emerald Hollow Mine, a 20-minute drive away at the foot of the Brushy Mountains. There, he’d sift in the creek and poke through the dirt on the hunt for treasure.
Over three decades later, Collins-Black has kicked off a real-world treasure hunt – what he believes to be the largest in US history – for a trove worth several million dollars. He has hidden five boxes – one containing “the lion’s share”, and four smaller ones – across five US states. Collins-Black’s new book There’s Treasure Inside, published this month, acts as a 243-page treasure map containing the origin stories of each item and clues about how to find them.
Continue reading... |
Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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Non-fungible tokens (NFTs) are the most popular digital assets today, capturing the attention of cryptocurrency investors, whales and people from around the world. People find it amazing that some users spend thousands or millions of dollars on a single NFT-based image of a monkey or other token, but you can simply take a screenshot for free. So here we share some freuently asked question about NFTs.
NFT stands for non-fungible token, which is a cryptographic token on a blockchain with unique identification codes that distinguish it from other tokens. NFTs are unique and not interchangeable, which means no two NFTs are the same. NFTs can be a unique artwork, GIF, Images, videos, Audio album. in-game items, collectibles etc.
A blockchain is a distributed digital ledger that allows for the secure storage of data. By recording any kind of information—such as bank account transactions, the ownership of Non-Fungible Tokens (NFTs), or Decentralized Finance (DeFi) smart contracts—in one place, and distributing it to many different computers, blockchains ensure that data can’t be manipulated without everyone in the system being aware.
The value of an NFT comes from its ability to be traded freely and securely on the blockchain, which is not possible with other current digital ownership solutionsThe NFT points to its location on the blockchain, but doesn’t necessarily contain the digital property. For example, if you replace one bitcoin with another, you will still have the same thing. If you buy a non-fungible item, such as a movie ticket, it is impossible to replace it with any other movie ticket because each ticket is unique to a specific time and place.
One of the unique characteristics of non-fungible tokens (NFTs) is that they can be tokenised to create a digital certificate of ownership that can be bought, sold and traded on the blockchain.
As with crypto-currency, records of who owns what are stored on a ledger that is maintained by thousands of computers around the world. These records can’t be forged because the whole system operates on an open-source network.
NFTs also contain smart contracts—small computer programs that run on the blockchain—that give the artist, for example, a cut of any future sale of the token.
Non-fungible tokens (NFTs) aren't cryptocurrencies, but they do use blockchain technology. Many NFTs are based on Ethereum, where the blockchain serves as a ledger for all the transactions related to said NFT and the properties it represents.5) How to make an NFT?
Anyone can create an NFT. All you need is a digital wallet, some ethereum tokens and a connection to an NFT marketplace where you’ll be able to upload and sell your creations
When you purchase a stock in NFT, that purchase is recorded on the blockchain—the bitcoin ledger of transactions—and that entry acts as your proof of ownership.
The value of an NFT varies a lot based on the digital asset up for grabs. People use NFTs to trade and sell digital art, so when creating an NFT, you should consider the popularity of your digital artwork along with historical statistics.
In the year 2021, a digital artist called Pak created an artwork called The Merge. It was sold on the Nifty Gateway NFT market for $91.8 million.
Non-fungible tokens can be used in investment opportunities. One can purchase an NFT and resell it at a profit. Certain NFT marketplaces let sellers of NFTs keep a percentage of the profits from sales of the assets they create.
Many people want to buy NFTs because it lets them support the arts and own something cool from their favorite musicians, brands, and celebrities. NFTs also give artists an opportunity to program in continual royalties if someone buys their work. Galleries see this as a way to reach new buyers interested in art.
There are many places to buy digital assets, like opensea and their policies vary. On top shot, for instance, you sign up for a waitlist that can be thousands of people long. When a digital asset goes on sale, you are occasionally chosen to purchase it.
To mint an NFT token, you must pay some amount of gas fee to process the transaction on the Etherum blockchain, but you can mint your NFT on a different blockchain called Polygon to avoid paying gas fees. This option is available on OpenSea and this simply denotes that your NFT will only be able to trade using Polygon's blockchain and not Etherum's blockchain. Mintable allows you to mint NFTs for free without paying any gas fees.
The answer is no. Non-Fungible Tokens are minted on the blockchain using cryptocurrencies such as Etherum, Solana, Polygon, and so on. Once a Non-Fungible Token is minted, the transaction is recorded on the blockchain and the contract or license is awarded to whoever has that Non-Fungible Token in their wallet.
You can sell your work and creations by attaching a license to it on the blockchain, where its ownership can be transferred. This lets you get exposure without losing full ownership of your work. Some of the most successful projects include Cryptopunks, Bored Ape Yatch Club NFTs, SandBox, World of Women and so on. These NFT projects have gained popularity globally and are owned by celebrities and other successful entrepreneurs. Owning one of these NFTs gives you an automatic ticket to exclusive business meetings and life-changing connections.
That’s a wrap. Hope you guys found this article enlightening. I just answer some question with my limited knowledge about NFTs. If you have any questions or suggestions, feel free to drop them in the comment section below. Also I have a question for you, Is bitcoin an NFTs? let me know in The comment section below
In the rapidly advancing landscape of AI technology and innovation, LimeWire emerges as a unique platform in the realm of generative AI tools. This platform not only stands out from the multitude of existing AI tools but also brings a fresh approach to content generation. LimeWire not only empowers users to create AI content but also provides creators with creative ways to share and monetize their creations.
As we explore LimeWire, our aim is to uncover its features, benefits for creators, and the exciting possibilities it offers for AI content generation. This platform presents an opportunity for users to harness the power of AI in image creation, all while enjoying the advantages of a free and accessible service.
Let's unravel the distinctive features that set LimeWire apart in the dynamic landscape of AI-powered tools, understanding how creators can leverage its capabilities to craft unique and engaging AI-generated images.
This revamped LimeWire invites users to register and unleash their creativity by crafting original AI content, which can then be shared and showcased on the LimeWire Studio. Notably, even acclaimed artists and musicians, such as Deadmau5, Soulja Boy, and Sean Kingston, have embraced this platform to publish their content in the form of NFT music, videos, and images.
Beyond providing a space for content creation and sharing, LimeWire introduces monetization models to empower users to earn revenue from their creations. This includes avenues such as earning ad revenue and participating in the burgeoning market of Non-Fungible Tokens (NFTs). As we delve further, we'll explore these monetization strategies in more detail to provide a comprehensive understanding of LimeWire's innovative approach to content creation and distribution.
LimeWire Studio welcomes content creators into its fold, providing a space to craft personalized AI-focused content for sharing with fans and followers. Within this creative hub, every piece of content generated becomes not just a creation but a unique asset—ownable and tradable. Fans have the opportunity to subscribe to creators' pages, immersing themselves in the creative journey and gaining ownership of digital collectibles that hold tradeable value within the LimeWire community. Notably, creators earn a 2.5% royalty each time their content is traded, adding a rewarding element to the creative process.
The platform's flexibility is evident in its content publication options. Creators can choose to share their work freely with the public or opt for a premium subscription model, granting exclusive access to specialized content for subscribers.
As of the present moment, LimeWire focuses on AI Image Generation, offering a spectrum of creative possibilities to its user base. The platform, however, has ambitious plans on the horizon, aiming to broaden its offerings by introducing AI music and video generation tools in the near future. This strategic expansion promises creators even more avenues for expression and engagement with their audience, positioning LimeWire Studio as a dynamic and evolving platform within the realm of AI-powered content creation.
The LimeWire AI image generation tool presents a versatile platform for both the creation and editing of images. Supporting advanced models such as Stable Diffusion 2.1, Stable Diffusion XL, and DALL-E 2, LimeWire offers a sophisticated toolkit for users to delve into the realm of generative AI art.
Much like other tools in the generative AI landscape, LimeWire provides a range of options catering to various levels of complexity in image creation. Users can initiate the creative process with prompts as simple as a few words or opt for more intricate instructions, tailoring the output to their artistic vision.
What sets LimeWire apart is its seamless integration of different AI models and design styles. Users have the flexibility to effortlessly switch between various AI models, exploring diverse design styles such as cinematic, digital art, pixel art, anime, analog film, and more. Each style imparts a distinctive visual identity to the generated AI art, enabling users to explore a broad spectrum of creative possibilities.
The platform also offers additional features, including samplers, allowing users to fine-tune the quality and detail levels of their creations. Customization options and prompt guidance further enhance the user experience, providing a user-friendly interface for both novice and experienced creators.
Excitingly, LimeWire is actively developing its proprietary AI model, signaling ongoing innovation and enhancements to its image generation capabilities. This upcoming addition holds the promise of further expanding the creative horizons for LimeWire users, making it an evolving and dynamic platform within the landscape of AI-driven art and image creation.
Sign Up Now To Get Free Credits
Upon completing your creative endeavor on LimeWire, the platform allows you the option to publish your content. An intriguing feature follows this step: LimeWire automates the process of minting your creation as a Non-Fungible Token (NFT), utilizing either the Polygon or Algorand blockchain. This transformative step imbues your artwork with a unique digital signature, securing its authenticity and ownership in the decentralized realm.
Creators on LimeWire hold the power to decide the accessibility of their NFT creations. By opting for a public release, the content becomes discoverable by anyone, fostering a space for engagement and interaction. Furthermore, this choice opens the avenue for enthusiasts to trade the NFTs, adding a layer of community involvement to the artistic journey.
Alternatively, LimeWire acknowledges the importance of exclusivity. Creators can choose to share their posts exclusively with their premium subscribers. In doing so, the content remains a special offering solely for dedicated fans, creating an intimate and personalized experience within the LimeWire community. This flexibility in sharing options emphasizes LimeWire's commitment to empowering creators with choices in how they connect with their audience and distribute their digital creations.
After creating your content, you can choose to publish the content. It will automatically mint your creation as an NFT on the Polygon or Algorand blockchain. You can also choose whether to make it public or subscriber-only.
If you make it public, anyone can discover your content and even trade the NFTs. If you choose to share the post only with your premium subscribers, it will be exclusive only to your fans.
Additionally, you can earn ad revenue from your content creations as well.
When you publish content on LimeWire, you will receive 70% of all ad revenue from other users who view your images, music, and videos on the platform.
This revenue model will be much more beneficial to designers. You can experiment with the AI image and content generation tools and share your creations while earning a small income on the side.
The revenue you earn from your creations will come in the form of LMWR tokens, LimeWire’s own cryptocurrency.
Your earnings will be paid every month in LMWR, which you can then trade on many popular crypto exchange platforms like Kraken, ByBit, and UniSwap.
You can also use your LMWR tokens to pay for prompts when using LimeWire generative AI tools.
You can sign up to LimeWire to use its AI tools for free. You will receive 10 credits to use and generate up to 20 AI images per day. You will also receive 50% of the ad revenue share. However, you will get more benefits with premium plans.
For $9.99 per month, you will get 1,000 credits per month, up to 2 ,000 image generations, early access to new AI models, and 50% ad revenue share
For $29 per month, you will get 3750 credits per month, up to 7500 image generations, early access to new AI models, and 60% ad revenue share
For $49 per month, you will get 5,000 credits per month, up to 10,000 image generations, early access to new AI models, and 70% ad revenue share
For $99 per month, you will get 11,250 credits per month, up to 2 2,500 image generations, early access to new AI models, and 70% ad revenue share
With all premium plans, you will receive a Pro profile badge, full creation history, faster image generation, and no ads.
Sign Up Now To Get Free Credits
In conclusion, LimeWire emerges as a democratizing force in the creative landscape, providing an inclusive platform where anyone can unleash their artistic potential and effortlessly share their work. With the integration of AI, LimeWire eliminates traditional barriers, empowering designers, musicians, and artists to publish their creations and earn revenue with just a few clicks.
The ongoing commitment of LimeWire to innovation is evident in its plans to enhance generative AI tools with new features and models. The upcoming expansion to include music and video generation tools holds the promise of unlocking even more possibilities for creators. It sparks anticipation about the diverse and innovative ways in which artists will leverage these tools to produce and publish their own unique creations.
For those eager to explore, LimeWire's AI tools are readily accessible for free, providing an opportunity to experiment and delve into the world of generative art. As LimeWire continues to evolve, creators are encouraged to stay tuned for the launch of its forthcoming AI music and video generation tools, promising a future brimming with creative potential and endless artistic exploration
Silicon Valley has successfully rebranded military contracting as a proud national duty for the industry.
The post Trump’s Election Is Also a Win for Tech’s Right-Wing “Warrior Class” appeared first on The Intercept.
President Biden said that the truce could be a prelude to a ceasefire in Gaza. Netanyahu's actions seem to indicate otherwise.
The post Israel Agrees to Stop Bombing Lebanon — So It Can Keep Bombing Gaza appeared first on The Intercept.
City of London Corporation rejects plan for new Dagenham site and will offer traders about £300m in compensation
London’s historic Smithfield meat market is to close for good after the City of London Corporation voted to pull out of plans to relocate it and Billingsgate fish market to Dagenham.
The corporation, which owns and operates the central London site of the centuries-old market, had earlier this month put on hold relocation plans to a new £1bn site in Dagenham, east London, to review the “financial sustainability” of the planned move.
Continue reading...The ex-PM opines that it’s Anglicanism’s failure to spiritually nourish children that has made them junk food addicts
Where would we be without a mind like this? The genius that is Boris Johnson. The man who has done more for this country than all other politicians of his generation. Never mind that most of it has been for the worse. Let’s not bother ourselves with inconvenient details.
Instead let’s focus on the greater truth. That, in Boris, we have had a prime minister of startling insight. A man who has thought about the obesity crisis for all of 10 seconds and decided the blame lies with the Church of England. Even more unbelievably, it’s an opinion for which he doesn’t seemed to have charged. Boris will be devastated when he realises he could have got £10k from the Daily Mail for it.
Continue reading...Our panel of expert cooks’ ideas include a spicy stuffing, punchy vinegar or mustard, and one great tip for cooking the ultimate turkey
For Claire Dinhut, author of The Condiment Book, it’s all about staying within the confines of the traditional Thanksgiving menu, but giving each dish some extra zhoosh. The sides are the obvious choice for this: “My family is from Los Angeles,” Dinhut says, “but they’re also half Greek, so our creamed spinach, for example, is always spanakopita-style creamed spinach with feta and dill.” Perhaps unsurprisingly, given that Dinhut also goes by the moniker of Condiment Claire, she also leans on a variety of jars and bottles to perk things up: sure, dijon mustard will bring “brightness and a bit of texture” to mashed potatoes, but why not kick things up a gear and use smoky dijon? “Toast chilli flakes, then combine with mustard [or mayo] to get that extra depth; that also works a charm as a dip for green beans.”
Dijon is also a friend to sprouts, Dinhut says: “We go for a slaw at Thanksgiving, with dijon, apple cider vinegar, fresh herbs and salt, to contrast that hearty mash.” Red-wine vinegar, meanwhile, features in Jean-Georges Vongerichten’s family favourite, braised red cabbage: “Toss the cabbage with vinegar and salt, then sweat onions in butter in a large casserole pan until tender,” says the chef/patron of ABC Kitchens in London. Add the cabbage mix, press down, then pour in some red wine and top with sliced apple (pink lady, for preference). Cover and cook until almost dry. Carrots are another Thanksgiving must, though Dinhut breaks from tradition by roasting hers with maple syrup and pumpkin spice blend ( cinnamon, nutmeg, ginger and cloves).
Got a culinary dilemma? Email feast@theguardian.com
Continue reading...A quick, comforting pudding to liven up the week
Heat the oven to 180C/gas mark 4. Peel 700g of cooking apples, then remove their cores and seeds and cut the apple into small pieces. Add 250g of blueberries to the apple and 2 tbsp of sugar and toss well to coat the apples with the sugar.
Tip into an ovenproof dish roughly 24cm in diameter. Cut 95g of butter into small pieces and add to 150g of plain flour. Rub the butter into the flour with your fingertips until it resembles coarse crumbs, then stir in 35g of caster sugar and 35g of demerara.
Continue reading...He’s had the most handshakes in the show’s history. He’s a viral sensation and ‘flavour king’. But don’t rule out the Welsh wonder – or the designer Dutchman. Who’ll take this year’s baking crown?
Knot your aprons. Stand by your workbenches. And for one last time this series, bake! Yes, Tuesday evening sees the grand final of The Great British Bake Off. They’ve even put a fairground in the grounds of Welford Park to celebrate. Cue well-endowed squirrels riding on the waltzer.
This might be the 15th series, but the hit calorific contest is still one of TV’s tastiest propositions. It remains Channel 4’s top-rated show, attracting almost 7 million viewers a week, plus a devoted international fanbase via Netflix.
Continue reading...A rich soup with everything – texture, comfort, flavour – all rounded off with the satisfying, savoury crunch of toasted breadcrumbs and chorizo
This smooth, comforting soup is a great winter warmer. Roasting intensifies the natural sweetness of both the squash and the garlic, the cumin and smoked pimentón add a lovely, smoky, aromatic depth, while the fresh oregano keeps everything vibrant and earthy. But the best part, as any self-respecting Spaniard will tell you, is the crisp chorizo migas, which is a classic touch that brings with it crunch and a burst of rich, meaty flavour.
Continue reading...From pubs with rooms and seaside getaways to hotels for walkers and dog owners, all these picks put you in the middle of beautiful countryside
Continue reading...The multi-platinum selling musician David Gray joins Grace this week on Comfort Eating. His breakthrough album White Ladder topped the charts worldwide and sold more than 3m copies in the UK, making it one of the best selling albums of the 21st century. Now with his 13th album, Dear Life, he joins Grace to look back at how music changed his life, the food that sustained a three-decade career and how he avoids playing the celebrity game.
If you liked this episode then have a listen to Grace’s conversations with Rufus Wainwright, Guy Garvey and Self Esteem.
New episodes of Comfort Eating with Grace Dent will be released every Tuesday
Continue reading...While Palestinians are fleeing the war, one group of Israelis are planning for beachfront homes on the strip. Bethan McKernan and Ruth Michaelson report
For weeks people living in northern Gaza, like Dr Mohammad Salha, have been sheltering from a renewed offensive by Israel. Israel has told civilians to leave, and food and humanitarian aid has stopped. Salha is the acting director of the al-Awda hospital – and has stayed behind to treat patients. He says there is only one surgeon left to do life-saving operations in the area, and food, medicines and electricity are vanishingly scarce. He has watched as thousands have fled, including his family. It is not clear when they will be allowed to return or if they ever will.
Yet just over the border from Gaza, one group of far-right Israelis have a plan. Settlers from the Nachala organisation have held a conference in the closed military zone of the strip’s periphery to discuss moving into the Gaza Strip and taking over land there, to build their own homes. The Guardian’s Jerusalem correspondent, Bethan McKernan, was there and said so were members of the Knesset and cabinet ministers. And, she says, while plans to “re-settle” Gaza are at a speculative stage, the presence of politicians showi how the settler movement has grown in importance and power.
Continue reading...We recommended them in the Filter; now we’ve sifted through all the offers to find the genuinely good discounts on our favourite products
Black Friday is still a few days away on 29 November, but stores are already dropping prices to compete for our attention and cash – and they’re offering some delectable discounts on products we’ve recommended in the Filter.
We cautioned against getting carried away too early in our guide to not getting ripped off in the sales, because many prices continue to fall until Cyber Monday (2 December). However, some of the most popular items can sell out even before Black Friday comes around. So, if there’s something here you’ve had your eye on, this may be your best chance to grab it for significantly less than you’d normally pay.
Continue reading...Discover the perfect coffee maker for your home with our tried-and-tested recommendations, from simple capsule to fully manual espresso machines
• How to choose the right type of coffee machine for you
When it comes to something as earth-shatteringly important as coffee, everyone has an opinion. Some crave a single perfect shot of espresso, while others seek the milkiest latte; some love Starbucks and others, well, don’t. This is why the idea of there being a single best coffee machine is fanciful – everyone’s idea of the perfect coffee couldn’t be more different.
As a selfless service to coffee drinkers everywhere, I’ve spent months researching and testing coffee machines to produce a shortlist of tried-and-tested recommendations. The list spans all the main types of coffee maker: manual espresso, filter, bean-to-cup and capsule (not sure what all of this means? Read our dedicated guide to the different types of coffee machine.
Best manual machine for beginners:
Sage Bambino Plus
£349 at John Lewis
Best low-effort coffee at an affordable price:
De’Longhi Magnifica Evo One Touch
£375 at John Lewis
Best for simple filter coffee:
Moccamaster KBG Select
£218 at AO
Best for capsules:
L’or Barista Sublime
£45 at Amazon
Best low-effort premium coffee:
Jura C8
£895 at John Lewis
Best capsule machine for long coffees:
Nespresso Vertuo Plus
£199 at Nespresso
Democratic support for the bill dwindled as critics warned it would let Donald Trump crack down on political foes.
The post The House Just Blessed Trump’s Authoritarian Playbook by Passing Nonprofit-Killer Bill appeared first on The Intercept.
Sanders’s resolutions to block arms sales to Israel gained momentum, but ran headlong into White House opposition.
The post Bernie Sanders Lost Vote to Block Arms for Israel, Says U.S. Is “Funding the Starvation of Children in Gaza” appeared first on The Intercept.
Nine health care workers at UCSF report censorship or punishment for speaking out about human rights for Palestinians — or simply wearing a pin.
The post San Francisco’s Biggest Hospital System: Don’t Talk About Palestine appeared first on The Intercept.
A weekly email from Yotam Ottolenghi, Meera Sodha, Felicity Cloake and Rachel Roddy, featuring the latest recipes and seasonal eating ideas
Each week we’ll send you an exclusive newsletter from our star food writers. We’ll also send you the latest recipes from Yotam Ottolenghi, Nigel Slater, Meera Sodha and all our star cooks, stand-out food features and seasonal eating inspiration, plus restaurant reviews from Grace Dent and Jay Rayner.
Sign up below to start receiving the best of our culinary journalism in one mouth-watering weekly email.
Continue reading...Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, direct to your inbox every Thursday
Style, with substance: what’s really trending this week, a roundup of the best fashion journalism and your wardrobe dilemmas solved, delivered straight to your inbox every Thursday
Explore all our newsletters: whether you love film, football, fashion or food, we’ve got something for you
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Imagine a world in which you can do transactions and many other things without having to give your personal information. A world in which you don’t need to rely on banks or governments anymore. Sounds amazing, right? That’s exactly what blockchain technology allows us to do.
It’s like your computer’s hard drive. blockchain is a technology that lets you store data in digital blocks, which are connected together like links in a chain.
Blockchain technology was originally invented in 1991 by two mathematicians, Stuart Haber and W. Scot Stornetta. They first proposed the system to ensure that timestamps could not be tampered with.
A few years later, in 1998, software developer Nick Szabo proposed using a similar kind of technology to secure a digital payments system he called “Bit Gold.” However, this innovation was not adopted until Satoshi Nakamoto claimed to have invented the first Blockchain and Bitcoin.
A blockchain is a distributed database shared between the nodes of a computer network. It saves information in digital format. Many people first heard of blockchain technology when they started to look up information about bitcoin.
Blockchain is used in cryptocurrency systems to ensure secure, decentralized records of transactions.
Blockchain allowed people to guarantee the fidelity and security of a record of data without the need for a third party to ensure accuracy.
To understand how a blockchain works, Consider these basic steps:
Let’s get to know more about the blockchain.
Blockchain records digital information and distributes it across the network without changing it. The information is distributed among many users and stored in an immutable, permanent ledger that can't be changed or destroyed. That's why blockchain is also called "Distributed Ledger Technology" or DLT.
Here’s how it works:
And that’s the beauty of it! The process may seem complicated, but it’s done in minutes with modern technology. And because technology is advancing rapidly, I expect things to move even more quickly than ever.
Even though blockchain is integral to cryptocurrency, it has other applications. For example, blockchain can be used for storing reliable data about transactions. Many people confuse blockchain with cryptocurrencies like bitcoin and ethereum.
Blockchain already being adopted by some big-name companies, such as Walmart, AIG, Siemens, Pfizer, and Unilever. For example, IBM's Food Trust uses blockchain to track food's journey before reaching its final destination.
Although some of you may consider this practice excessive, food suppliers and manufacturers adhere to the policy of tracing their products because bacteria such as E. coli and Salmonella have been found in packaged foods. In addition, there have been isolated cases where dangerous allergens such as peanuts have accidentally been introduced into certain products.
Tracing and identifying the sources of an outbreak is a challenging task that can take months or years. Thanks to the Blockchain, however, companies now know exactly where their food has been—so they can trace its location and prevent future outbreaks.
Blockchain technology allows systems to react much faster in the event of a hazard. It also has many other uses in the modern world.
Blockchain technology is safe, even if it’s public. People can access the technology using an internet connection.
Have you ever been in a situation where you had all your data stored at one place and that one secure place got compromised? Wouldn't it be great if there was a way to prevent your data from leaking out even when the security of your storage systems is compromised?
Blockchain technology provides a way of avoiding this situation by using multiple computers at different locations to store information about transactions. If one computer experiences problems with a transaction, it will not affect the other nodes.
Instead, other nodes will use the correct information to cross-reference your incorrect node. This is called “Decentralization,” meaning all the information is stored in multiple places.
Blockchain guarantees your data's authenticity—not just its accuracy, but also its irreversibility. It can also be used to store data that are difficult to register, like legal contracts, state identifications, or a company's product inventory.
Blockchain has many advantages and disadvantages.
I’ll answer the most frequently asked questions about blockchain in this section.
Blockchain is not a cryptocurrency but a technology that makes cryptocurrencies possible. It's a digital ledger that records every transaction seamlessly.
Yes, blockchain can be theoretically hacked, but it is a complicated task to be achieved. A network of users constantly reviews it, which makes hacking the blockchain difficult.
Coinbase Global is currently the biggest blockchain company in the world. The company runs a commendable infrastructure, services, and technology for the digital currency economy.
Blockchain is a decentralized technology. It’s a chain of distributed ledgers connected with nodes. Each node can be any electronic device. Thus, one owns blockhain.
Bitcoin is a cryptocurrency, which is powered by Blockchain technology while Blockchain is a distributed ledger of cryptocurrency
Generally a database is a collection of data which can be stored and organized using a database management system. The people who have access to the database can view or edit the information stored there. The client-server network architecture is used to implement databases. whereas a blockchain is a growing list of records, called blocks, stored in a distributed system. Each block contains a cryptographic hash of the previous block, timestamp and transaction information. Modification of data is not allowed due to the design of the blockchain. The technology allows decentralized control and eliminates risks of data modification by other parties.
Blockchain has a wide spectrum of applications and, over the next 5-10 years, we will likely see it being integrated into all sorts of industries. From finance to healthcare, blockchain could revolutionize the way we store and share data. Although there is some hesitation to adopt blockchain systems right now, that won't be the case in 2022-2023 (and even less so in 2026). Once people become more comfortable with the technology and understand how it can work for them, owners, CEOs and entrepreneurs alike will be quick to leverage blockchain technology for their own gain. Hope you like this article if you have any question let me know in the comments section
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