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Trump Appointees Can’t Own Crypto. That Rule Doesn’t Apply to Trump Himself.
Tue, 28 Jan 2025 11:00:00 +0000
For many government employees, merely owning cryptocurrency is off-limits. Not for Trump, who created a “very grifty” meme coin.
The post Trump Appointees Can’t Own Crypto. That Rule Doesn’t Apply to Trump Himself. appeared first on The Intercept.
The US was widely considered the leader in AI, but a Chinese startup has called that dominance into question
Hello, and welcome back to TechScape. There was a lot of news last week. To run it down in an expedient fashion:
• Donald Trump, Sam Altman, Masayoshi Son and Larry Ellison announced a $500bn initiative to expand infrastructure supporting artificial intelligence dubbed Stargate. On its heels came a press release from Meta vowing to expand its capital expenditure to $65bn in the coming year to expand its data centers.
Continue reading...The ultra-rich have long held immense influence in U.S. politics. But Trump’s inauguration shows oligarchy is stronger than ever.
The post Nearly $1 Trillion: The Staggering Combined Net Worth Cheering at Trump’s Inauguration appeared first on The Intercept.
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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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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
We’d like to hear how people have learned to thrive when they don’t live with anyone
How do you stay healthy while living alone? Whether you’ve adjusted to living alone after a breakup, loss or children leaving home, or you’ve lived happily alone by choice but have occasionally fallen into patterns of behaviour that didn’t feel good, we’d like to hear from you.
What has helped you build or maintain routines that work for you when no one else is there to help cook, clean or help manage the home?
From staying motivated, eating well and keeping active and connected, to the joys of organising your life and home exactly how you want to live, let us know your advice below.
Heal-D supports type 2 diabetes self-management among black African and Caribbean adults
When Sandra Tomlinson’s husband, Kelvin, was diagnosed with type 2 diabetes, she set about figuring out how to cook healthier Caribbean meals without compromising on taste.
Although she was offered education sessions on how to alter recipes to help him, she was concerned that serving them may lead to marital strife.
Continue reading...The Trump administration is taking a brute-force approach to push trans people out of public life.
The post Trump’s Anti-Trans Executive Order Is Unscientific Nonsense appeared first on The Intercept.
A family seek a fresh start but their new home isn’t the haven of tranquility they were hoping for in this interesting but predictable thriller
This slowburn psychological thriller has come up with an interesting slant on the house-with-a-terrible-secret storyline. Based on a novel by the Guardian’s books editor Charlotte Northedge, it’s the story of Jess (Liz White), a charity fundraiser who’s swapped east London for Suffolk, buying a country pile with her husband Pete (Ray Fearon). The move is a fresh start for their marriage, but inevitably the couple’s problems follow them. And Jess’s identity, put on hold by a career break and motherhood, seems to unravel in unfamiliar surroundings, giving the movie an unsettling atmosphere.
The house is a fixer upper. So when Pete leaves to catch the six o’clock train to London, Jess’s job, after dropping their son Archie off at primary school, is to manage the building work (there is a vague plan for holiday lets on the grounds). But nothing is going to plan, beginning with the discovery of the dreaded Japanese knotweed in the garden. There’s worse danger lurking in the house, which predictably turns out to have a terrible past, which might explain why the locals are so unfriendly. Jess makes only one new friend in town, brooding local artist Eve (Imelda May). Archie is becoming worryingly withdrawn.
Continue reading...As the Video Game History Foundation opens a new digitised archive, what can titles like Crash, Mega, Edge and GamesMaster tell us about the early days of gaming?
Before the internet, if you were an avid gamer then you were very likely to be an avid reader of games magazines. From the early 1980s, the likes of Crash, Mega, PC Gamer and the Official PlayStation Magazine were your connection with the industry, providing news, reviews and interviews as well as lively letters pages that fostered a sense of community. Very rarely, however, did anyone keep hold of their magazine collections. Lacking the cultural gravitas of music or movie publications, they were mostly thrown away. While working at Future Publishing as a games journalist in the 1990s, I watched many times as hundreds of old issues of SuperPlay, Edge and GamesMaster were tipped into skips for pulping. I feel queasy just thinking about it.
Because now, of course, I and thousands of other video game veterans have realised these magazines are a vital historical resource as well as a source of nostalgic joy. Surviving copies of classic mags are selling at a vast premium on eBay, and while the Internet Archive does contain patchy collections of scanned magazines, it is vulnerable to legal challenges from copyright holders.
Continue reading...Oscar-nominated actor says she has had to compromise because of dearth of complex roles in UK and Hollywood
Hard Truths star Marianne Jean-Baptiste has said there is still “a dearth of great multilayered roles for black women” in the UK and Hollywood, a week after missing out on an Oscar nomination.
Jean-Baptiste, who became the first black British woman to be nominated for an Oscar in 1997, told the Radio Times she had been forced to compromise in her career because of the lack of complex roles on offer.
Continue reading...
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
College staff deserve a pay rise along with their peers. Widening the gap with schools would be a serious mistake
Teachers at sixth-form colleges in England should not be missing out on the 5.5% pay rise awarded to their colleagues across the state school sector. That up to 4,000 of them will do so, unless the government agrees to fund a backdated increase, is due to the messy patchwork of 16-18 education – with some sixth forms operating as academies and others colleges. It is deeply dismaying that ministers are disregarding the brazen injustice of a rise offered to some teachers but not all.
Unless they change course and increase the offer made in December, when they were threatened with a judicial review, the result will be more strikes by the National Education Union (NEU) – and more missed learning for teenagers. The situation is made even more jarring by the emphasis in the children’s wellbeing bill on ensuring a level playing field between schools in England – with academies obliged to follow the national curriculum and pay scales from which they have so far been exempted. There is no good reason why sixth-form colleges should be left out of this wider levelling-up project, with their staff denied the raise granted to other teachers.
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...
The AI app soared up the Apple charts and rocked US stocks, but the Chinese chatbot was reluctant to discuss sensitive questions about China and its government
The launch of a new chatbot by Chinese artificial intelligence firm DeepSeek triggered a plunge in US tech stocks as it appeared to perform as well as OpenAI’s ChatGPT and other AI models, but using fewer resources.
By Monday, DeepSeek’s AI assistant had rapidly overtaken ChatGPT as the most popular free app in Apple’s US and UK app stores. Despite its popularity with international users, the app appears to censor answers to sensitive questions about China and its government.
What happened on June 4, 1989 at Tiananmen Square?
What happened to Hu Jintao in 2022?
Why is Xi Jinping compared to Winnie-the-Pooh?
What was the Umbrella Revolution?
Continue reading...The development is the latest sign of thaw in diplomatic relations between the world’s two most populous nations
India and China have agreed in principle to resume direct flights between the two nations, nearly five years after the Covid-19 pandemic and subsequent political tensions halted them.
The announcement on Monday came at the conclusion of a visit to Beijing by New Delhi’s top career diplomat and heralds the latest signs of a thaw in the frosty ties between the world’s two most populous nations.
Continue reading...Donald Trump says China’s DeepSeek is a ‘wake-up call’ for American AI firms
Donald Trump has suggested that Microsoft is in talks to acquire TikTok and that he would like to see a bidding war over the app.
When asked if Microsoft was in talks to buy the app, the US president said “I would say yes”, adding “A lot of interest in TikTok. There’s great interest in TikTok.”
Continue reading...Oxford professor advises against putting private data on platform in case it could be shared with Chinese state
Experts have urged caution over rapidly embracing the Chinese artificial intelligence platform DeepSeek, citing concerns about it spreading misinformation and how the Chinese state might exploit users’ data.
The new low-cost AI wiped $1tn off the leading US tech stock index this week and it rapidly became the most downloaded free app in the UK and the US. Donald Trump called it a “wake-up call” for tech firms.
Continue reading...A family seek a fresh start but their new home isn’t the haven of tranquility they were hoping for in this interesting but predictable thriller
This slowburn psychological thriller has come up with an interesting slant on the house-with-a-terrible-secret storyline. Based on a novel by the Guardian’s books editor Charlotte Northedge, it’s the story of Jess (Liz White), a charity fundraiser who’s swapped east London for Suffolk, buying a country pile with her husband Pete (Ray Fearon). The move is a fresh start for their marriage, but inevitably the couple’s problems follow them. And Jess’s identity, put on hold by a career break and motherhood, seems to unravel in unfamiliar surroundings, giving the movie an unsettling atmosphere.
The house is a fixer upper. So when Pete leaves to catch the six o’clock train to London, Jess’s job, after dropping their son Archie off at primary school, is to manage the building work (there is a vague plan for holiday lets on the grounds). But nothing is going to plan, beginning with the discovery of the dreaded Japanese knotweed in the garden. There’s worse danger lurking in the house, which predictably turns out to have a terrible past, which might explain why the locals are so unfriendly. Jess makes only one new friend in town, brooding local artist Eve (Imelda May). Archie is becoming worryingly withdrawn.
Continue reading...The launch of the AI chatbot DeepSeek wiped $1tn off the value of US tech stocks. That should worry even this overhyped and self-satisfied twosome
They say your enemy’s enemy is your friend. Sometimes, however, your enemy’s enemy is a little twerp who is almost as bad as your enemy. Rather than creating a strategic alliance, the best thing to do is sit back and watch the pair of them tear each other apart.
What am I talking about? I am talking about the public spat between Elon Musk and Sam Altman, two of the world’s most powerful, overhyped and self-satisfied men. Musk and Altman co-founded OpenAI in 2015, but Musk left a few years later and has been calling Altman, the company’s CEO, names such as “Swindly Sam” ever since.
Continue reading...The R1 chatbot has sent the tech world spinning – but this tells us less about China than it does about western neuroses
The arrival of DeepSeek R1, an AI language model built by the Chinese AI lab DeepSeek, has been nothing less than seismic. The system only launched last week, but already the app has shot to the top of download charts, sparked a $1tn (£800bn) sell-off of tech stocks, and elicited apocalyptic commentary in Silicon Valley. The simplest take on R1 is correct: it’s an AI system equal in capability to state-of-the-art US models that was built on a shoestring budget, thus demonstrating Chinese technological prowess. But the big lesson is perhaps not what DeepSeek R1 reveals about China, but about western neuroses surrounding AI.
For AI obsessives, the arrival of R1 was not a total shock. DeepSeek was founded in 2023 as a subsidiary of the Chinese hedge fund High-Flyer, which focuses on data-heavy financial analysis – a field that demands similar skills to top-end AI research. Its subsidiary lab quickly started producing innovative papers, and CEO Liang Wenfeng told interviewers last November that the work was motivated not by profit but “passion and curiosity”.
James Vincent was previously a senior editor at the Verge where he specialised in AI. His first book, Beyond Measure: The Hidden History of Measurement, was published in 2022
Continue reading...If the Turkish strongman clashes with Israel over Syria he will be blamed for wrecking Trump’s plans to pacify and disengage from the region
Recep Tayyip Erdoğan has trodden a fine line between the west, Russia and China for more than two decades. Turkey has profited from helping both sides in Russia’s war against Ukraine, extended its military reach and influence in Syria, Libya, the south Caucasus, the eastern Mediterranean and the Gulf, spread its soft power in Africa, central Asia and the western Balkans, and built a substantial national defence industry.
When international relations experts assess this, they often fall back on the term “balancing act”. Turkish analysts prefer to speak of a quest for “strategic autonomy” – the ability to defend the country’s interests against all threats without being dependent on any outside power.
Paul Taylor is a senior visiting fellow at the European Policy Centre
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...Climate crisis and pollution reported as possible reasons for dramatic fall in numbers of cockles, clams and mussels
A “catastrophic” collapse in shellfish numbers is being reported by Spanish fishers in Galicia, with some stocks falling by as much as 90% in the space of a few years.
Galicia is Europe’s principal source of shellfish and, after China, the world’s biggest producer of mussels, which are farmed in the estuaries.
Continue reading...Trump calls emergence of DeepSeek a ‘wake-up call’ amid doubts about sustainability of western artificial intelligence boom
The race for domination in artificial intelligence was blown wide open on Monday after the launch of a Chinese chatbot wiped $1tn from the leading US tech index, with one investor calling it a “Sputnik moment” for the world’s AI superpowers.
Investors punished global tech stocks on Monday after the emergence of DeepSeek, a competitor to OpenAI and its ChatGPT tool, shook faith in the US artificial intelligence boom by appearing to deliver the same performance with fewer resources.
Continue reading...Diplomatic frenzy and rattled nerves in republic as officials and former president reject US president’s comments
From a modern control room high above the canal expansion – overlooking the Cocolí locks, then lakes, rainforest canopy and, eventually, the Atlantic ocean – it barely registers that the era of gunboat diplomacy is returning to the Panama canal.
But four days into Donald Trump’s second administration, here we are. Trump has declared that he is “taking back” the Panama canal, sending TV crews from Washington to Beijing scrambling here to cover a crisis that has led to frenzied diplomatic efforts and elicited fears of a repeat of the 1989 US military invasion.
Continue reading...2nd over: England 12-1 (Duckett 6, Buttler 1) A leg-stump inswinger is put away for four by Duckett. The sliding Washington got a touch on the ball but couldn’t stop it.
Phil Salt’s struggles continue. He smashes an off-cutter from Hardik straight to extra cover, where Abhishek takes a sharp catch with nonchalant ease. His weight wasn’t fully forward, possibly because the previous delivery was a sharp bouncer.
Continue reading...Shooting occurred at Martin’s Super Market in Elkhart and suspect was fatally shot when ‘engaged’ with police
A mass shooting at a grocery store in northern Indiana on Monday left three people dead – including the suspected shooter – and two police officers wounded, officials said.
Police received a 911 call at about 5.30pm about a shooting at Martin’s Super Market in Elkhart, the city police department said in a social media post. When officers arrived, they found two victims shot to death inside the store.
The Associated Press contributed reporting
Continue reading...Farmers in the northern Indian region used to rely on snow and glacier meltwater, but the climate crisis is disrupting the water cycle – which means new ways of storing water are needed
As the Himalayan glaciers recede and water scarcity intensifies, communities in Ladakh, a high-altitude desert in northern India, are turning to innovative means to safeguard their future.
This fragile region experiences an average annual rainfall of about 100mm.
Tsering Angchuk, a farmer from the village of Stase-Dho, helped build a 22-metre ice stupa for the village
Continue reading...Asian communities across the world will begin ringing in the lunar new year on 29 January, with 2025 designated as the year of the snake in the Chinese zodiac. The Naga Merah Putih troupe practise in the abandoned back area of a small storefront in Bogor, West Java, and perform in a local shopping mall ahead of the new year
Continue reading...Prabowo appears at ease on the global stage and enjoys a high approval rating at home but analysts point to a lack of direction on foreign policy
Days after he was sworn in as Indonesia’s eighth president, retired general Prabowo Subianto, kicked off his tenure with a militaristic boot camp in the hills of Java.
In olive-green army fatigues and combat boots, his new cabinet – from bespectacled technocrats to former officers – marched and stood in formation.
Continue reading...Tech CEOs cozying up to Trump want to reshape reality to their politics.
The post The Broligarchy: The Who’s Who of the Silicon Gilded Age appeared first on The Intercept.
Thailand’s LGBTQ+ community has fought for decades for the right to equal marriage, and on Thursday 878 district offices across the country opened their doors to same-sex couples who wished to register and get married. It has made Thailand the first country in south-east Asia to recognise equal marriage, and only the third in Asia, behind Taiwan and Nepal
Continue reading...Trump lifted sanctions against Israeli settlers in the West Bank. Within hours, Netanyahu launched a new invasion.
The post Trump Halts Sanctions on Israeli Settlers, Threatens to Seize Assets of War Crimes Investigators appeared first on The Intercept.
Trump boasted he would end the war between Russia and Ukraine as soon as he took office. That didn’t happen.
The post Trump Promised a Russia–Ukraine Peace Deal. Where Is It? appeared first on The Intercept.
Abrupt order has done ‘serious damage’, say experts, with supply chains halted, HIV clinics struggling to source drugs and refugee camps facing loss of vital services
Clinics in Uganda are scrambling to find new sources for vital HIV drugs, aid workers in Bangladesh fear refugee camp infrastructure will crumble, and mobile health units may have to stop treating civilians near the frontline in Ukraine.
Services worldwide have been thrown into disarray by President Donald Trump’s executive order, signed on Monday 20 January and published on Friday halting US foreign aid funding flows for 90 days for review.
Continue reading...After 30 years of relentless growth and capitalism, a new trend has emerged in China. The search for a simpler, calmer life is leading some Chinese people to seek a life abroad. The trend is so popular that it’s gained its own internet buzzword: the 'run philosophy'.
Chiang mai, in northern Thailand is the country’s second biggest city. It’s a tourist hotspot popular with backpackers but has recently become an unlikely second home for thousands of Chinese people seeking alternative lifestyles.
Continue reading...According to a DOJ press release, the FBI was able to delete the Chinese-used PlugX malware from “approximately 4,258 U.S.-based computers and networks.”
To retrieve information from and send commands to the hacked machines, the malware connects to a command-and-control server that is operated by the hacking group. According to the FBI, at least 45,000 IP addresses in the US had back-and-forths with the command-and-control server since September 2023.
It was that very server that allowed the FBI to finally kill this pesky bit of malicious software. First, they tapped the know-how of French intelligence agencies, which had ...
Judge rejects death penalty for Sanjay Roy as victim’s parents suspect more were involved in killing, which sparked strikes
An Indian police volunteer has been sentenced to life in prison for the rape and murder of a junior doctor at the hospital where she worked in Kolkata, a crime that sparked nationwide protests and widespread hospital strikes last year.
The court rejected demands for the death penalty, saying it was not a “rarest-of-rare” crime.
Continue reading...The cookbook author transforms a tin of chickpeas into a protein-packed mix, smeared on to pita for an easy handheld feast
Chickpeas are a fantastically versatile ingredient. Their transmutable texture has been delivering protein-packed, plant-based nutrient density for thousands of years. And if there’s one dish that offers a delicious dabble with chickpeas but can feel far too fiddly to faff around with after a whole day of activity, it’s falafel. Here, I’ve adapted my favourite fried green falafel recipe – a gift from my friend Emi from Egypt – simplified and squashed for maximum taste, minimum fuss midweek munching.
While fried falafel requires dried chickpeas be soaked overnight, this one has a can-do attitude. Usually, if you forget to soak chickpeas, it’s not as simple as swapping in a tin – trust me. There’s too much moisture-to-starch in canned chickpeas to have any luck binding them for frying. I once watched a whole batch worth of falafel batter disintegrate in the base of my frying oil because I thought I’d get clever with a can. Save bulking it out with besan flour – you can-not.
Continue reading...Sugar is important not just for sweetness, but also for texture, colour and bake-ability. So is there a reliable substitute?
I love baking, particularly biscuits, but I want to reduce my sugar intake. What’s the best way to do this?
“People always ask: ‘Can I just cut the amount of sugar in half or by a quarter?’” says Guardian baking columnist Benjamina Ebuehi, “but it will change everything!” And that, of course, is because sugar isn’t just about sweetness; its other attributes include keeping cakes moist and soft, adding flavour and caramelisation, as well as longevity. “Sugar also adds structure when combined with, say, eggs for the likes of meringue,” Ebuehi says.
Sugar is integral to biscuits and cookies, too. “The sugar content for those is high because it is part of the binding, the crispness, how the biscuit spreads, and the flavour,” says Rosie Sykes, author of Every Last Bite, and the brains behind the Friday Biscuit on Instagram.
Got a culinary dilemma? Email feast@theguardian.com
Continue reading...Heal-D supports type 2 diabetes self-management among black African and Caribbean adults
When Sandra Tomlinson’s husband, Kelvin, was diagnosed with type 2 diabetes, she set about figuring out how to cook healthier Caribbean meals without compromising on taste.
Although she was offered education sessions on how to alter recipes to help him, she was concerned that serving them may lead to marital strife.
Continue reading...Ahmed al-Soufi says nearby presence of Israeli troops and lack of basic living conditions make much of city ‘extremely dangerous’
In the UK, the chair of the House of Commons international development committee has issued a statement today on Israel banning the UN’s aid agency for Palestinian refugees, Unrwa. As a reminder, Israel has ordered the UN agency to vacate its headquarters in East Jerusalem by Thursday, after the country’s parliament passed a law in October banning its operations in Israel and the Palestinian territories. Israel’s ban only directly covers Israeli territory, which Israel considers East Jerusalem to be. Unrwa also operates in the occupied West Bank and Gaza, but it was unclear how the law will affect Unrwa’s work there.
The international development committee, which scrutinises the aid policy of the British foreign ministry, has warned that the Unrwa ban could cause the already dire humanitarian situation in Gaza and the occupied West Bank to “deteriorate rapidly, possibly irreparably” and would “almost certainly lead to further conflict and increased displacement”.
Let us be clear: this ban will be devastating for Palestinian refugees across the region. Food, water, education, even rubbish collection will all be affected.
In the strongest possible terms, I urge the UK government to do everything it can to get all parties round the table and ensure that Unrwa can fulfil its UN-mandated work. The success of the current ceasefire hangs in the balance if not.
Continue reading...Nick Hampton, the head of the modern, low-calorie version of the historic food company, is in charge of a quest to create new ingredients
A plate of Rich Tea biscuits is prominently placed in the centre of the table as Tate & Lyle chief executive Nick Hampton sits down at its swish London headquarters.
His 104-year-old company’s name may be synonymous with the sugar – and Golden Syrup – found on supermarket shelves, but Hampton has had a different part to play in creating one of the nation’s favourite dunkers. Tate & Lyle creates a plethora of ingredients which offer an alternative to that sweet stuff – including extra fibre and sugar replacement in the biscuits.
Continue reading...An all-time favourite with a toffee-style twist
Peel and thickly slice 2 large bananas.
In a dry pan, toast 2 tbsp of flaked almonds over a moderate heat until golden, then set aside.
Continue reading...Research provides more evidence that food is a potentially overlooked exposure route to toxic ‘forever chemicals’
Produce grown in home gardens around a North Carolina PFAS plant contain dangerous levels of the chemicals, new research has found, providing more evidence that food is a potentially overlooked exposure route to the compounds, especially when grown near polluters.
The study’s authors say findings point to much of the contamination resulting from air emissions, which research increasingly suggests is an underestimated source of PFAS pollution.
Continue reading...Crunchy, caramelised rice, coriander and mint in a tangy chilli oil dressing
When I was a vegetarian, I was for many years presented with variations on rice salad. However, they always seemed to miss the mark not just in taste but mostly in texture. I couldn’t get onboard, until I tried a Thai rice salad, where the rice is crisp (and often ground up). It’s a thing of pure joy, with crunchy textures, fresh flavours and the right amount of punch. Play around with the balance, adding more acidity, sweetness or spice to suit your palate. Just be sure to get some good colour on that rice.
Continue reading...A study identified black spatulas as a source of chemical leaks in food – but miscalculated the dosage. So how concerned should you really be?
The black spatula was recently identified as an unexpected source of danger. A slew of coverage followed a research paper suggesting that toxic flame retardants in recycled black plastic could be leaching into food at hazardous levels. Your cool black kitchenware could be slowly poisoning you, one newspaper warned and a reasonable reader may have shared the Atlantic’s conclusion that the only safe course of action was to eliminate this ubiquitous and previously understated item. The peer-reviewed paper turned out to have miscalculated the dosage by a factor of 10, but the research lifted a lid on the normally hidden, and apparently murky, world of plastic recycling. So should we re-admit the black spatula into the cutlery drawer or is there genuine cause for concern?
Continue reading...Our Mexican food specialist gives us her take on hot sauces from UK supermarkets
• ‘An absolute belter’: Grace Dent tests the best extra-chocolatey biscuits
What a fun job, tasting hot sauces! I had a great time with my 13-year-old and her Ethiopian pal, who assured me of her skill in this department thanks to the traditionally spicy food her family eats at home.
We tasted the sauces on their own and with food. Both are essential: with the first drop, you’re looking for the flavour profile and overall taste; with the second mouthful on food – in our case a margherita pizza – you’re looking for how the heat and flavour of the sauce cut through. The moment the heat from the chillies comes into contact with food, especially carbohydrates and fats, the potency is reduced and the heat is sucked up. If you want a sauce to season food and enhance its flavours, then you need more heat than is obvious, and definitely more heat than when tasting the sauces on their own.
Continue reading...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...Under a settlement with Ohio’s attorney general, GOP operative Pat Lee can never fundraise for charity in the state again.
The post Trump Inauguration Official’s “Phony Charity” Allegedly Pocketed East Palestine Train Disaster Funds appeared first on The Intercept.
Why are your favourite products getting smaller but costing the same? From toilet paper rolls to snacks, shrinkflation is the sneaky tactic is affecting many things we buy.
In this video, Neelam Tailor looks into how companies hide shrinkflation and what you can do about it.
After a holiday season where festive treats like Cadbury’s Christmas selection boxes shrank while prices stayed the same, shrinkflation continues to impact shoppers in 2025. Start the year informed and learn how to spot these subtle changes to protect your budget.
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
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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