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Philippines turns up heat over disputed sea but confronts formidable foe
Fri, 14 Jun 2024 05:00:05 +0000
A voyage in the South China Sea revealed the challenge as a flotilla of wooden fishing boats drew an armada of Chinese warships and coast guard vessels.
Match ID: 0 Score: 90.00 source: www.washingtonpost.com age: 0 days
qualifiers: 40.00 china, 35.00 south china sea, 15.00 philippines
Philippines increases South China Sea patrols as Beijing set to roll out new trespass laws
Fri, 14 Jun 2024 01:30:18 GMT
Manila has previously described new regulations, which allow Chinese coast guard to detain foreigners, as ‘an escalation of the situation’
The Philippines has stepped up patrols in the disputed South China Sea ahead of the rollout of a new Chinese regulation that empowers its coast guard to detain foreigners accused of trespassing.
The regulation, which is effective from Saturday, marks a further escalation in tensions in the fiercely contested waterway, which is one of the world’s most economically important and busiest trading routes
Continue reading...Singapore national team goalkeeper Hassan Sunny has urged Chinese football fans to stop sending him money after his saves in Singapore’s 3-1 defeat to Thailand helped China reach the next round of World Cup qualifiers.
The 40-year-old made 11 saves on Tuesday as Thailand fell agonisingly short of a spot in the draw for the next round on 27 June, despite their 3-1 victory.
Continue reading...The Yoshida family’s remarkable legacy, Alison Wilding’s subtle and surprising sculptures and this year’s rather tired effort from the Royal Academy – all in your weekly dispatch
Meditations on Love
Develop Collective explore the ecstasy and the agony of love through a passionate library of photobooks.
• Photographers’ Gallery, London, until 22 September
Fascinated by the objects on his mum’s fireplace and what they say about her, Orlando Gili embarked on a project to capture creatives’ collections
A mantelpiece is a place like no other. A snapshot of daily life in a home, it is solemn and esoteric, like a roadside shrine. The things that anchor us – the face of a beloved, a pebble from a favourite beach, pretty china out of reach of little hands – jostle for space with the fleeting joys of party invites and supermarket flowers. Pretty things, special things and funny things are strung together, like charms on a bracelet. Your own mantelpiece is a walk down memory lane that you can take from your sofa. Someone else’s is a set of clues to who they are.
For photographer Orlando Gili, the lure of the mantelpiece began, appropriately, at home. See the one below with the jug of parsley leaves beside mustard and marmalade pots? That’s his mum’s house. “A mantelpiece is a still life, but with so much personality it is also a portrait of the person, or people, whose house this is,” says Gili. His favourite mantelpieces are “a jumble of sentiment and appreciation of design. They belong to people with rich hinterlands.”
Continue reading...Sophia Huang Xueqin, who reported on #MeToo movement and Hong Kong pro-democracy protests, sentenced along with labour activist Wang Jianbing
A Chinese court has sentenced the prominent #MeToo journalist Sophia Huang Xueqin to five years in jail and the labour activist Wang Jianbing to three and a half years, almost 1,000 days after they were detained on allegations of inciting state subversion, according to supporters.
On Friday, supporters of the pair said the court had found them guilty and given Huang the maximum sentence. The jail terms would take into account the time they had already spent in detention. A copy of the verdict said Huang was also deprived of political rights for four years and fined $100,000 RMB (£10,800). Wang faced three years of deprivation of political rights and was fined $50,000 RMB.
Continue reading...Magnus Carlsen continued his winning streak in Norway as Hikaru Nakamura gained the No2 ranking and a 2800 rating, but China’s world champion finished a poor last of six
Norway Chess, last weekend’s $161,000 event in Stavanger, was Magnus Carlsen’s 10th victory in his last 11 starts, and also a significant success for Hikaru Nakamura. The 36-year-old streamer regained a 2800 rating, and passed Fabiano Caruana to take over as No 2 in the Fide world rankings.
Carlsen assessed it as “a good performance, not a sparkling performance by any means, but I feel I was quite professional in the way that I handled the last seven games or so. My mindset went from trying to play fun chess, which wasn’t fun at all, to more of a slow, grinding style.”
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The owner of Vauxhall, Jeep and Fiat says it opposes EU measures against Chinese EVs and wants to compete ‘as a global company’
The owner of the Jeep, Fiat and Vauxhall brands has said it will not take a defensive stance in the battle for electric car sales, amid signs of an escalating trade war in the market between Europe and China.
Stellantis’s chief executive, Carlos Tavares, has criticised the EU tariffs on imported Chinese cars announced on Wednesday and said the world’s fourth biggest carmaker preferred to “fight to stay competitive”.
Continue reading...Rich, delicious food in an elegant, charming space – hidden inside a futuristic block that looks like the set of The Office
Dipna Anand, a talented Indian chef, has opened a bright 90-seater restaurant in Milton Keynes. For so long, merely the phrase “Milton Keynes” was a punchline; this “new town’, established in 1967, was inhabited only by the spiritually adrift, depressed newlyweds and some cows made of concrete. Those days of mega-LOLs about the mighty MK may have passed, but there’s still something oddly futuristic about Unity Place, a new “destination for dining, work and leisure” just two minutes across a pedestrianised square from Milton Keynes station, and where Anand has set up shop selling her delicious Punjabi and south Indian menu with a smattering of modern British-Indian favourites. Yes, there are curries, biryani, thalis and small plates; yes, there’s black dal, Delhi wala makhani chicken, pillowy deep-fried bhatura bread, and gajar halwa – caramelised carrots – for pudding; but there are also dynamite wings, masala fries and chocolate brownies, if that’s your thing.
But what exactly is Unity Place? Well, having spent two hours there, then a further two hours reading its marketing bumf, I don’t know. Anand’s restaurant is certainly an elegant, welcoming space, but within a block that looks like The Office’s Wernham Hogg building. Then inside, things flip again: Unity Place’s main reception area is a gargantuan space reminiscent of Tate Modern’s Turbine Hall, except it’s not an art gallery. Then there are some lecture hall areas, a café by Santander the bank and, rather incongruously, a barbershop. This building is, apparently, an “accessible hub … seamlessly integrating sustainability and connectivity into its core”, while also “embodying a planet-first approach and fostering an environment of unity”. Perhaps this confusing definition is why I was alone as I wandered around Unity Place looking for my Sunday lunch, feeling like Cillian Murphy in 28 Days Later. The “urban food market” sounded fun, but that’s closed at weekends.
Continue reading...Forced to travel far to find gruelling work making bricks, women and children fall sick but cannot access healthcare
The phrase “khat rahein hain” (“being worn down”) is how Suma Devi describes her 16 years of labouring at the brick kilns near the city of Mathura in Uttar Pradesh, more than 500 miles from her own state of Bihar.
Six years ago Devi had just given birth to her baby daughter when she was diagnosed with tuberculosis and put on a nine-month course of antibiotics. It is an effective way to treat TB but Devi had to abandon the course halfway through to find work at the Madhav brick kiln in Naujheel, far from her home in a village near the city of Gaya.
Continue reading...As India concluded the world’s largest election on June 5, 2024, with over 640 million votes counted, observers could assess how the various parties and factions used artificial intelligence technologies—and what lessons that holds for the rest of the world.
The campaigns made extensive use of AI, including deepfake impersonations of candidates, celebrities and dead politicians. By some estimates, millions of Indian voters viewed deepfakes.
But, despite fears of widespread disinformation, for the most part the campaigns, candidates and activists used AI constructively in the election. They used AI for typical political activities, including mudslinging, but primarily to better connect with voters...
More than 50 people also injured in fire, which broke out in a six-storey building housing foreign workers
At least 49 people, all Indian nationals, have been killed in a fire which swept through a building housing foreign workers in Kuwait.
More than 50 others were injured in the blaze, which broke out in the six-storey building south of Kuwait City at dawn on Monday.
Continue reading...For the second time, the IFC is bucking recommendations to offer money as reparations to people hurt at a chain of schools it invested in, Bridge International Academies.
The post World Bank Financing Arm Rejects Calls to Directly Compensate Victims of Harm at Kenya Schools appeared first on The Intercept.
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Three flavours of Buldak chicken ramyeon have been banned by authorities in Copenhagen, but seriously, how bad could they be?
There are flames spreading up my nose, across my forehead and down my throat. My tastebuds have been vanquished, my mouth is a chamber of fire. I have signed a waiver once before for a taste test. Where is my waiver today?
This is level three of Buldak’s range of spicy ramyeon, also known as “fire noodles”. It’s one of three varieties of instant noodles manufactured by South Korea’s Samyang Foods, and recalled this week by Danish authorities for being too spicy. According to Denmark’s national food agency, the high levels of capsaicin in the noodles carry a risk of acute poisoning for consumers – particularly children.
Continue reading...Civilian aircraft have been cleared from Pyongyang’s airport and there are signs of preparations for a possible parade in Kim Il-sung Square
The US and South Korea have warned Vladimir Putin against forging closer military ties with North Korea, as speculation grows that the Russian leader will visit the secretive state in the coming days.
Putin is planning to meet the North Korean leader, Kim Jong-un, in a reciprocal visit following Kim’s weeklong trip to Russia last September, media reports said. During that trip, the two leaders are believed to have agreed that North Korea would receive Russian help with its space programme in return for providing Russia with armaments for the war in Ukraine, in violation of UN resolutions.
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Workers for US defence contractor KBR concerned after colleagues die on island with no hospital-grade health facility
Migrant workers employed by the US defence contractor KBR on the British-owned island of Diego Garcia have expressed concerns for their safety after the recent deaths of two of their colleagues, the Observer has learned.
The most recent death on Diego Garcia, which is host to a strategic American military base in the British Indian Ocean Territory, came on 5 January. Relemay Fabula Gan, 41, from the Philippines, died after suffering a collapsed lung following several weeks of illness after a Covid diagnosis, her family said.
Continue reading...Modi becomes second leader in Indian history to win three consecutive terms, but opposition leaders snub ceremony
Narendra Modi has been sworn in as prime minister of India for a historic third term, ushering in a new era of coalition politics for India’s strongman leader.
The ceremony, which took place at the presidential palace on Sunday evening, marked Modi’s return to power, only the second leader in India’s history to win three consecutive terms.
Continue reading...Authorities fear looming economic crises caused by an expanding elderly population without enough workers to support them
In the courtyard of the Chung Hsing private high school, desks and chairs are piled high like a monument or an unlit bonfire. Mounds of debris cover the play area, as two construction workers pull more broken furniture from empty classrooms, throwing them towards a pickup truck.
The central Taipei private school closed in 2019 after failing to reverse financial problems caused by low enrolment, and was sold to developers. The school was an early victim of a problem now sweeping across Taiwan’s educational institutions: decades of declining births mean there are no longer enough students to fill classrooms.
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Campaigners say election shows rejection of ‘hate politics’ after marginalised groups vote to deny BJP a majority
It was widely described as the week that India’s beleaguered democracy was pulled back from the brink. As the election results rolled in on Tuesday, all predictions and polls were defied as Narendra Modi lost his outright majority for the first time in a decade while the opposition re-emerged as a legitimate political force. On Sunday evening, Modi will be sworn in as prime minister yet many believe his power and mandate stands diminished.
For one opposition politician in particular, the humbling of the strongman prime minister was a moment to savour. Late last year, Mahua Moitra, one of the most outspoken critics of Modi and his Bharatiya Janata party (BJP), found herself unceremoniously expelled from parliament and kicked out of her bungalow, after what she described as a “political witch-hunt” for daring to stand up to Modi.
Continue reading...“One side or the other is going to win,” Alito told a person he thought was a right-wing activist.
The post Supreme Court Justice Samuel Alito Caught on Secret Audio appeared first on The Intercept.
The US Justice Department has dismantled an enormous botnet:
According to an indictment unsealed on May 24, from 2014 through July 2022, Wang and others are alleged to have created and disseminated malware to compromise and amass a network of millions of residential Windows computers worldwide. These devices were associated with more than 19 million unique IP addresses, including 613,841 IP addresses located in the United States. Wang then generated millions of dollars by offering cybercriminals access to these infected IP addresses for a fee...
Kuo Chiu, known as KC to his friends, teaches urban design at Tunghai University in Taiwan. He’s also one of many of the country's citizens who practises rifle skills in his spare time, in case of a Chinese invasion.
The population of Taiwan has long grown familiar with Beijing’s pledge to one day ‘unify’ what it claims is a breakaway province. But recently, there has been a significant increase in aggressive and intimidatory acts.
Taiwan’s 160,000 active military personnel are vastly outnumbered by China’s 2 million-member armed forces, leading many civilians to turn to voluntary medical and combat training to protect themselves.
The Guardian's video team spent time with KC to see how he is preparing
Continue reading...Muhammad Yunus tells the Guardian charges against him are politically motivated, and expresses concern about personal attacks from politicians
The Nobel peace laureate and microfinance pioneer Muhammad Yunus has said that years of fighting what he calls “dirty” politically motivated attacks on his work to alleviate poverty in Bangladesh have made life “totally miserable”.
Yunus told the Guardian he had come under 20 years of pressure from the Bangladeshi government for his work, which is credited with improving the lives of millions of poor people, particularly women.
Continue reading...Microsoft recently caught state-backed hackers using its generative AI tools to help with their attacks. In the security community, the immediate questions weren’t about how hackers were using the tools (that was utterly predictable), but about how Microsoft figured it out. The natural conclusion was that Microsoft was spying on its AI users, looking for harmful hackers at work.
Some pushed back at characterizing Microsoft’s actions as “spying.” Of course cloud service providers monitor what users are doing. And because we expect Microsoft to be doing something like this, it’s not fair to call it spying...
H. A. Hellyer and Murtaza Hussain discuss the current discord and complex history between the Israeli government and Egyptian military.
The post Rafah Clash Exposes Roots of Egypt and Israel Tension appeared first on The Intercept.
Bring some Caribbean heat to this veggie dish that works great as a standout main or flavour-packed side
Aubergines roasted over fire, glazed with umami-rich miso and the fruity heat of Encona West Indian Original Hot Pepper Sauce – yum! Encona has done a lot of the work already – the sauce has heat and fruitiness from scotch bonnets and tang from vinegar – so you’re building flavour from a really delicious, complex base. Cook a load of these to pile high as a side for guests to feast on, or have them as a quick and tasty midweek dinner.
This recipe is veggie (and can easily be made plant based by replacing the honey with maple syrup or agave nectar), and has loads of flavour, which makes for a deeply satisfying meal.
Continue reading...Ahead of the election in India, the Guardian’s video team travelled through the country to explore how fake news and censorship might shape the outcome.
Almost one billion people are registered to vote. The country's prime minister, Narendra Modi, has been in power for more than 10 years, and his Hindu nationalist Bharatiya Janata party (BJP) is seeking a third term.
But critics of Modi and the BJP say his government has become increasingly authoritarian, fracturing the country along religious lines and threatening India’s secular democracy. At the same time, the space for freedom of speech has been shrinking while disinformation and hate speech has exploded on social media.
We know turbulence is a common part of flying – but are some routes more prone? And where is it the worst? Turbulence is the leading cause of in-flight injuries to crew and passengers and after the fatal Singapore Airlines incident and injuries to passengers above Turkey on a Qatar Airways flight, you might be wondering if flights are about to get bumpier. Incidents of severe turbulence are on the rise – increasing by 55% between 1979 and 2020 – and the climate crisis is thought to be a responsible factor
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Continue reading...Ban Khun Samut Chin, a coastal village in Samut Prakan province, Thailand, has been slowly swallowed by the sea over the past few decades. This has led to the relocation of the school and many homes, resulting in a dwindling population. Currently, there are only four students attending the school, often leaving just one in each classroom. The village has experienced severe coastal erosion, causing 1.1-2km (0.5-1.2 miles) of shoreline to disappear since the mid-1950s
Continue reading...From the jump, the lawsuit challenging the legality of mifepristone was a cynical, propagandistic endeavor. In a 9-0 opinion, the Supreme Court threw it out.
The post GOP States Double Down on Fighting Medication Abortion After Supreme Court Keeps It Legal appeared first on The Intercept.
“One side or the other is going to win,” Alito told a person he thought was a right-wing activist.
The post Supreme Court Justice Samuel Alito Caught on Secret Audio appeared first on The Intercept.
Mandy does not want to discuss politics with Barry, while he is irritated by her evasiveness. But you get the final vote in this dispute
Find out how to get a disagreement settled or become a juror
The prosecution: Mandy
Barry is very leftwing and wants to change my views. But I have a right to keep my thoughts to myself
Continue reading...The lack of suitable placements for at-risk young people has led to a huge rise in deprivation of liberty orders. Family judges are right to be furious
Seven years ago, Sir James Munby, then the president of the family division of the high court, issued a highly unusual public judgment. Denouncing a “disgraceful and utterly shaming lack”, he called for an overhaul of council provision for children who need intensive support in a residential setting. Since then, the children’s commissioner for England and other senior judges have made similar criticisms.
Councils in England do not have enough places in which to look after some of the most vulnerable children for whom they are responsible. The result is that rising numbers are subjected to deprivation of liberty orders, leading to forcible detention in unregulated placements including rented flats. Last weekend, Sir James spoke up again, calling the situation a “shocking moral failure” and for it to be discussed in the run-up to next month’s election.
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...Co-president of the KlimaSeniorinnen says declaration is betrayal of older women
Swiss politicians have rejected a landmark climate ruling from the European court of human rights, raising fears that other polluting countries may follow suit.
A panel of Strasbourg judges ruled in April that Switzerland had violated the human rights of older women through weak climate policies that leave them more vulnerable to heatwaves. Activists hailed the judgment as a breakthrough because it leaves all members of the Council of Europe exposed to legal challenges for sluggish efforts to clean up carbon-intensive economies.
Continue reading...The federal judge hearing a human rights case disputed allegations he might not be impartial but recused himself out of an “abundance of caution.”
The post Judge Who Went on Israel Junket Recuses Himself From Gaza Case appeared first on The Intercept.
Country’s second-largest party reportedly agrees to support re-election of Cyril Ramaphosa as president
South Africa’s president, Cyril Ramaphosa, is poised to be re-elected after the African National Congress struck a coalition deal with the country’s second largest party, the pro-business Democratic Alliance, local media reported, as MPs were sworn in before parliament votes for the president.
Under the agreement, which is not yet public, the DA will support Ramaphosa’s election for a second term and an ANC speaker of parliament, in return for the position of deputy speaker, according to the public South African Broadcasting Corporation (SABC) and the news website TimesLive.
Continue reading...Lawmakers sing Happy Birthday to ex-president, 78 on Friday, who reportedly called convention host Milwaukee ‘horrible’
Donald Trump went to the US Capitol to rally congressional Republicans in his first visit since 6 January 2021, when his supporters descended on the building in an effort to overturn the 2020 presidential election result in Trump’s favour.
A packed room full of House Republicans sang Happy Birthday to Trump, who turns 78 on Friday.
Continue reading...As India concluded the world’s largest election on June 5, 2024, with over 640 million votes counted, observers could assess how the various parties and factions used artificial intelligence technologies—and what lessons that holds for the rest of the world.
The campaigns made extensive use of AI, including deepfake impersonations of candidates, celebrities and dead politicians. By some estimates, millions of Indian voters viewed deepfakes.
But, despite fears of widespread disinformation, for the most part the campaigns, candidates and activists used AI constructively in the election. They used AI for typical political activities, including mudslinging, but primarily to better connect with voters...
The Republican amendment to the annual defense budget is just one of several proposals to restrict humanitarian aid to Gaza.
The post House Votes to Block U.S. Funding to Rebuild Gaza appeared first on The Intercept.
Dan Osborn, running as an independent, has racked up endorsements in a race that could help determine Senate control in 2024.
The post UAW Endorses Nebraska Underdog Threatening to Unseat a Republican Senator appeared first on The Intercept.
Activists suing the Biden administration over Gaza policy are demanding the judge recuse himself over the sponsored trip.
The post A Federal Judge Visited Israel on a Junket Designed to Sway Public Opinion. Now He’s Hearing a Gaza Case. appeared first on The Intercept.
Andrew Bailey’s office has a losing record of fighting against exonerations recommended by local prosecutors — but it’s not giving up.
The post Missouri’s Attorney General Is Waging War to Keep the Wrongly Convicted Locked Up appeared first on The Intercept.
Government employees are using their official badges to demonstrate against U.S. support for Israel’s war on Gaza.
The post “Not the Career in Public Service I Signed Up For”: Federal Workers Protest War appeared first on The Intercept.
In an exclusive interview with the Guardian, the Ukrainian president, Volodymyr Zelenskiy, revealed the tactics and traits that help him face the daily frustrations of leading a country at war for more than two years.
Within a ceremonial room inside Kyiv’s presidential compound, Zelenskiy spoke for nearly an hour with a Guardian team, including the editor-in-chief, Katharine Viner. The interview took place during perhaps the toughest time for Ukraine since the early days of the war. Russia is on the offensive in Kharkiv, an advance that follows months of delay in the US Congress over the passing of a major support package, limiting Ukraine’s battlefield capabilities
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
“I felt helpless watching my family dying and not able to help them. It is a nightmare that I will never wake up from.”
The post These “Tent Massacre” Survivors Couldn’t Afford to Leave Rafah. The Next Israeli Attack Nearly Wiped Their Family Out. appeared first on The Intercept.
People camping on Havasupai reservation say they vomited and had fever as health officers look into source of outbreak
Dozens of hikers say they fell ill during trips to a popular Arizona tourist destination that features towering blue-green waterfalls deep in a gorge neighboring Grand Canyon national park.
Madelyn Melchiors, a 32-year-old veterinarian from Kingman, Arizona, said she was vomiting severely Monday evening and had a fever that endured for days after camping on the Havasupai reservation.
Continue reading...From properties close to picturesque cycling routes to a London new-build, these homes will tempt city dwellers into the saddle this National Bike Week
Continue reading...Labour’s downbeat manifesto for a downbeat nation reflects the feeling that voters want action now – not grandiose words
“Look at that,” said a middle-aged woman delightedly, stopping halfway down the street in Great Yarmouth to nudge her friend. “Life is crap!”
She was pointing to a stall selling slogan T-shirts for a fiver, all bearing those three words in several bleak variations: life is crap because your ex got the house, life is crap because you’re out of wine, or … well, fill in your own version. I heard plenty over three days of travelling up the east coast, where Labour is targeting a string of Tory-held former fishing ports and seaside resorts where life for many is no holiday.
Gaby Hinsliff is a Guardian columnist
Guardian Newsroom: Election results special. Join Gaby Hinsliff, John Crace, Jonathan Freedland and Zoe Williams on 5 July
Continue reading...Forced to travel far to find gruelling work making bricks, women and children fall sick but cannot access healthcare
The phrase “khat rahein hain” (“being worn down”) is how Suma Devi describes her 16 years of labouring at the brick kilns near the city of Mathura in Uttar Pradesh, more than 500 miles from her own state of Bihar.
Six years ago Devi had just given birth to her baby daughter when she was diagnosed with tuberculosis and put on a nine-month course of antibiotics. It is an effective way to treat TB but Devi had to abandon the course halfway through to find work at the Madhav brick kiln in Naujheel, far from her home in a village near the city of Gaya.
Continue reading...The Canal & River Trust is launching 3.5-mile paddles through Standedge Tunnel, from West Yorkshire to Greater Manchester
“You’re in a canoe, not a boat, so you are very exposed,” said Gordon McMinn as he prepared to paddle into the UK’s longest, highest and deepest canal tunnel. “You’re vulnerable, you’re under your own steam, you are up and close to history … it is quite an experience.”
McMinn, a volunteer team leader at the Canal & River Trust, has coordinated what it is hoped will become a bucket-list experience – the opportunity to paddle under the Pennines.
Continue reading...“One side or the other is going to win,” Alito told a person he thought was a right-wing activist.
The post Supreme Court Justice Samuel Alito Caught on Secret Audio appeared first on The Intercept.
British Museum will host treasures from Samarkand in a bid to dispel cliches of camels, spices and bazaars
A monumental six-metre-long wall painting created in the 7th century, and 8th-century ivory figures carved for one of the world’s oldest surviving chess sets, are among treasures set to be seen in Britain for the first time.
The items will travel from the ancient city of Samarkand to the UK for an exhibition opening in September, as part of the first-ever loan from museums in Uzbekistan to the British Museum.
Silk Roads will be at the British Museum from September 26 2024 to February 23 2025. Tickets go on sale on Monday.
Continue reading...Ahead of the election in India, the Guardian’s video team travelled through the country to explore how fake news and censorship might shape the outcome.
Almost one billion people are registered to vote. The country's prime minister, Narendra Modi, has been in power for more than 10 years, and his Hindu nationalist Bharatiya Janata party (BJP) is seeking a third term.
But critics of Modi and the BJP say his government has become increasingly authoritarian, fracturing the country along religious lines and threatening India’s secular democracy. At the same time, the space for freedom of speech has been shrinking while disinformation and hate speech has exploded on social media.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors. You’ll also receive handpicked offers from Guardian Holidays.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors.
You’ll also receive handpicked offers from Guardian Holidays.
Continue reading...Singapore national team goalkeeper Hassan Sunny has urged Chinese football fans to stop sending him money after his saves in Singapore’s 3-1 defeat to Thailand helped China reach the next round of World Cup qualifiers.
The 40-year-old made 11 saves on Tuesday as Thailand fell agonisingly short of a spot in the draw for the next round on 27 June, despite their 3-1 victory.
Continue reading...Rich, delicious food in an elegant, charming space – hidden inside a futuristic block that looks like the set of The Office
Dipna Anand, a talented Indian chef, has opened a bright 90-seater restaurant in Milton Keynes. For so long, merely the phrase “Milton Keynes” was a punchline; this “new town’, established in 1967, was inhabited only by the spiritually adrift, depressed newlyweds and some cows made of concrete. Those days of mega-LOLs about the mighty MK may have passed, but there’s still something oddly futuristic about Unity Place, a new “destination for dining, work and leisure” just two minutes across a pedestrianised square from Milton Keynes station, and where Anand has set up shop selling her delicious Punjabi and south Indian menu with a smattering of modern British-Indian favourites. Yes, there are curries, biryani, thalis and small plates; yes, there’s black dal, Delhi wala makhani chicken, pillowy deep-fried bhatura bread, and gajar halwa – caramelised carrots – for pudding; but there are also dynamite wings, masala fries and chocolate brownies, if that’s your thing.
But what exactly is Unity Place? Well, having spent two hours there, then a further two hours reading its marketing bumf, I don’t know. Anand’s restaurant is certainly an elegant, welcoming space, but within a block that looks like The Office’s Wernham Hogg building. Then inside, things flip again: Unity Place’s main reception area is a gargantuan space reminiscent of Tate Modern’s Turbine Hall, except it’s not an art gallery. Then there are some lecture hall areas, a café by Santander the bank and, rather incongruously, a barbershop. This building is, apparently, an “accessible hub … seamlessly integrating sustainability and connectivity into its core”, while also “embodying a planet-first approach and fostering an environment of unity”. Perhaps this confusing definition is why I was alone as I wandered around Unity Place looking for my Sunday lunch, feeling like Cillian Murphy in 28 Days Later. The “urban food market” sounded fun, but that’s closed at weekends.
Continue reading...Centre dedicated to ancestral dairy expertise will provide demonstrations, tastings and explain how to ‘read’ milk
Say “cheese” and Pierre Brisson is a happy man.
The 38-year-old founder of France’s first Musée du Fromage is passionate about the subject – and not just eating it, but passing on the traditional skills of cheesemaking to future generations.
Continue reading...Three flavours of Buldak chicken ramyeon have been banned by authorities in Copenhagen, but seriously, how bad could they be?
There are flames spreading up my nose, across my forehead and down my throat. My tastebuds have been vanquished, my mouth is a chamber of fire. I have signed a waiver once before for a taste test. Where is my waiver today?
This is level three of Buldak’s range of spicy ramyeon, also known as “fire noodles”. It’s one of three varieties of instant noodles manufactured by South Korea’s Samyang Foods, and recalled this week by Danish authorities for being too spicy. According to Denmark’s national food agency, the high levels of capsaicin in the noodles carry a risk of acute poisoning for consumers – particularly children.
Continue reading...“I felt helpless watching my family dying and not able to help them. It is a nightmare that I will never wake up from.”
The post These “Tent Massacre” Survivors Couldn’t Afford to Leave Rafah. The Next Israeli Attack Nearly Wiped Their Family Out. appeared first on The Intercept.
From the jump, the lawsuit challenging the legality of mifepristone was a cynical, propagandistic endeavor. In a 9-0 opinion, the Supreme Court threw it out.
The post GOP States Double Down on Fighting Medication Abortion After Supreme Court Keeps It Legal appeared first on The Intercept.
UN warns that more than a million people are being forced to flee to areas in which there is little food, water or shelter
Israeli tanks rolled into the western part of Rafah on Thursday as the city came under intense helicopter, drone and artillery fire in what residents described as one of the worst bombardments of the area so far.
The assault on Rafah has driven out more than a million Palestinians who had been sheltering there, forcing them into areas with little or no access to food, water or shelter. The UN has warned that more than a million people are expected to “face death and starvation by the middle of July”.
Continue reading...Farmed kelp could produce plastic substitutes, beauty products and food supplements. Just steer clear of seaweed chocolate
Think sun, sea, Skye – and seaweed. It’s early summer off the west coast of Scotland, and Alex Glasgow is landing a long string of orangey-black seaweed on to the barge of his water farm. It emerges on what looks like a washing line heavy with dirty rags, hoicked up from the depths. And yet, this slippery, shiny, salty substance might, just might, be going to save the planet.
When it comes to sustainability, seaweed is about as shipshape as it gets. Minimal damage to the environment, check. No use of pesticides, check. Diversifies ocean life, check. Uses no land, check. And, in the case of Skye’s seaweed farm, spoils no one’s view, check.
Kyla Orr and Martin Welch of KelpCrofters check the crop from their boat
Continue reading...Dan Osborn, running as an independent, has racked up endorsements in a race that could help determine Senate control in 2024.
The post UAW Endorses Nebraska Underdog Threatening to Unseat a Republican Senator 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...Andrew Bailey’s office has a losing record of fighting against exonerations recommended by local prosecutors — but it’s not giving up.
The post Missouri’s Attorney General Is Waging War to Keep the Wrongly Convicted Locked Up appeared first on The Intercept.
You might be able to stand the heat, but does your spice knowledge live up to your tolerance level? Answer these questions to find out …
Find out more about Encona’s hot sauces at enconasauces.co.uk
Continue reading...Michelle Roach bought a used ice-cream van in order to bring cheap, affordable food to Liverpool's struggling communities. She wanted a vehicle with freezers built in for frozen food, and also something cheerful that was able to break down stigmas around food poverty. Using a '10 items for £5' model, Michelle sources discount food from supermarket surplus and donations.
The Guardian's Christopher Cherry follows Michelle and the van on its rounds, with the service struggling to meet overwhelming demand as the cost of living crisis deepens, and the UK's general election fast approaches.
Continue reading...South Africa's case against Israel over allegations of genocide before the international court of justice has raised a central question of international law: what is genocide and how do you prove it? It is one of three genocide cases being considered by the UN's world court, but since the genocide convention was approved in 1948, only three instances have been legally recognised as genocide. Josh Toussaint-Strauss looks back on these historical cases to find out why the crime is so much harder to prove than other atrocities, and what bearing this has on South Africa's case against Israel and future cases
What is the genocide convention and how might it apply to the UK and Israel?
‘Famine is setting in’: UN court orders Israel to unblock Gaza food aid
On the last day of his Huginn mission, ESA astronaut Andreas Mogensen takes us on a tour of the place he called home for 6 months: the International Space Station. From the beautiful views of Cupola to the kitchen in Node 1 filled with food and friends and all the way to the science of Columbus, the Space Station is the work and living place for astronauts as they help push science forward.
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
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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