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What is Blockchain: Everything You Need to Know (2022)
Mon, 18 Apr 2022 05:49:00 +0000
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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
Thanks to the tireless work of campaigners in Surrey, fossil-fuel development must now take into account ‘downstream’ emissions
This week I found out what it feels like to go beyond your wildest dreams. A case I fronted won at the supreme court, with potentially huge positive impacts for the climate. For almost five years, I had been mounting a legal challenge to fossil-fuel production at Horse Hill in the Surrey countryside. A group of residents, activists and lawyers had been pursuing a routine legal review of a council planning decision that had given an oil company the green light to drill four new oil wells and produce oil for 20 years.
The supreme court ruling means it will now be much harder for new fossil-fuel projects to go ahead as their full climate impact will need to be factored in from the start. Our challenge centred on the fact that the oil produced by the Horse Hill site would inevitably be burned, throwing carbon into the atmosphere and heating the planet. We expected it to be a routine legal procedure lasting six months. But as the case came together, its wider significance for the climate and the fossil-fuel industry at large became clearer, and months turned into years as it worked its way through the courts.
Sarah Finch is a climate campaigner and a member of the Weald Action Group
Continue reading...There’s a dramatic dichotomy between the restaurant this wants to be and the joint they’re actually running
Finding hot new ways with pasta isn’t easy, but at Assaggini in Glasgow, they are confident that they’ve nailed it. Have you tried eating it on much smaller plates? Yes, these are words you’ve seen before – carbonara, gnocchi, spaghetti – but in tinier portions and with an onus on sharing them with the ones you love. Or perhaps the ones you no longer love, after you’ve split a plate of ravioli filled with chianti-braised beef with them, lingered while telling a story and found yourself left with just the brown butter and sage sauce.
But if you can play nicely and share like a grownup, Assaggini is a lovely idea. The menu is genuinely exciting: 13 types of pasta and each one matched with a potential beer pairing. The carbonara goes with a St Mungo, a Glaswegian premium helles lager, while the ravioli is paired with Munich Red. These artisan ales are from West, an independent Scottish brewery that works in accordance with Reinheitsgebot, the German beer purity law of 1516. Touches such as this, plus Assaggini’s lengthy list of pizzas, salumi, fritti and salads, make this whole affair feel like a futuristic Pizza Express built for a brave new world.
On paper, it’s a vast all-day restaurant with a menu that solves all of your problems when feeding even the pickiest group. There’s pasta with straightforward tomato sauce and crocchetta di patate with spicy mayo for the less adventurous. Alternatively, you can lose yourself in the menu with its maps, diagrams and delicious-sounding combinations, and go wild – girasoli, sunflower-shaped pasta stuffed with fresh ricotta and black truffle and served with pistacchio di Bronte maybe, or a round of frittatina, deep-fried pasta with mortadella?
Main points from the talks in Germany over who should pay for changes needed to cope with impact of climate breakdown
With less than five months to go to the vital Cop29 UN climate summit in Azerbaijan in November, nations gathered in Bonn last week to begin negotiations on one of the last chances for a “course correction” to move away from fossil fuels and avoid the worst ravages of the climate crisis. As the death toll from extreme heat mounted in countries from Saudi Arabia to India, grey-suited officials squabbled in air-conditioned conference rooms over who should pay for the changes needed to shift the world to a low-carbon economy, and cope with the impacts of climate breakdown.
Continue reading... ![]() | submitted by /u/FollowTheLeads [link] [comments] |
There has been a lot of toxicity in the comments section of this blog. Recently, we’re having to delete more and more comments. Not just spam and off-topic comments, but also sniping and personal attacks. It’s gotten so bad that I need to do something.
My options are limited because I’m just one person, and this website is free, ad-free, and anonymous. I pay for a part-time moderator out of pocket; he isn’t able to constantly monitor comments. And I’m unwilling to require verified accounts.
So starting now, we will be pre-screening comments and letting through only those that 1) are on topic, 2) contribute to the discussion, and 3) don’t attack or insult anyone. The standard is not going to be “well, I guess this doesn’t technically quite break a rule,” but “is this actually contributing.”...
President is sworn in for second term as head of coalition government after losing parliamentary majority
South Africa’s Cyril Ramaphosa warned of the dangers of “toxic cleavages” in one of the world’s most unequal countries, after he was inaugurated for a second term as president – this time at the head of a coalition government with his African National Congress party’s biggest rival.
The ANC lost its parliamentary majority in 29 May elections, for the first time since Nelson Mandela led it to power in 1994 after apartheid, as millions of voters defected to breakaway parties amid chronic unemployment and the declining quality of public services.
Continue reading...There is a lot written about technology’s threats to democracy. Polarization. Artificial intelligence. The concentration of wealth and power. I have a more general story: The political and economic systems of governance that were created in the mid-18th century are poorly suited for the 21st century. They don’t align incentives well. And they are being hacked too effectively.
At the same time, the cost of these hacked systems has never been greater, across all human history. We have become too powerful as a species. And our systems cannot keep up with fast-changing disruptive technologies...
SEMrush and Ahrefs are among
the most popular tools in the SEO industry. Both companies have been in
business for years and have thousands of customers per month.
If you're a professional SEO or trying to do digital
marketing on your own, at some point you'll likely consider using a tool to
help with your efforts. Ahrefs and SEMrush are two names that will likely
appear on your shortlist.
In this guide, I'm going to help you learn more about these SEO tools and how to choose the one that's best for your purposes.
What is SEMrush?
SEMrush is a popular SEO tool with a wide range of
features—it's the leading competitor research service for online marketers.
SEMrush's SEO Keyword Magic tool offers over 20 billion Google-approved
keywords, which are constantly updated and it's the largest keyword database.
The program was developed in 2007 as SeoQuake is a
small Firefox extension
Features
Ahrefs is a leading SEO platform that offers a set of
tools to grow your search traffic, research your competitors, and monitor your
niche. The company was founded in 2010, and it has become a popular choice
among SEO tools. Ahrefs has a keyword index of over 10.3 billion keywords and
offers accurate and extensive backlink data updated every 15-30 minutes and it
is the world's most extensive backlink index database.
Features
Direct Comparisons: Ahrefs vs SEMrush
Now that you know a little more about each tool, let's
take a look at how they compare. I'll analyze each tool to see how they differ
in interfaces, keyword research resources, rank tracking, and competitor
analysis.
User Interface
Ahrefs and SEMrush both offer comprehensive information
and quick metrics regarding your website's SEO performance. However, Ahrefs
takes a bit more of a hands-on approach to getting your account fully set up,
whereas SEMrush's simpler dashboard can give you access to the data you need
quickly.
In this section, we provide a brief overview of the elements
found on each dashboard and highlight the ease with which you can complete
tasks.
AHREFS
The Ahrefs dashboard is less cluttered than that of
SEMrush, and its primary menu is at the very top of the page, with a search bar
designed only for entering URLs.
Additional features of the Ahrefs platform include:
SEMRUSH
When you log into the SEMrush Tool, you will find four
main modules. These include information about your domains, organic keyword
analysis, ad keyword, and site traffic.
You'll also find some other options like
Both Ahrefs and SEMrush have user-friendly dashboards,
but Ahrefs is less cluttered and easier to navigate. On the other hand, SEMrush
offers dozens of extra tools, including access to customer support resources.
When deciding on which dashboard to use, consider what
you value in the user interface, and test out both.
If you're looking to track your website's search engine
ranking, rank tracking features can help. You can also use them to monitor your
competitors.
Let's take a look at Ahrefs vs. SEMrush to see which
tool does a better job.
The Ahrefs Rank Tracker is simpler to use. Just type in
the domain name and keywords you want to analyze, and it spits out a report
showing you the search engine results page (SERP) ranking for each keyword you
enter.
Rank Tracker looks at the ranking performance of
keywords and compares them with the top rankings for those keywords. Ahrefs
also offers:
You'll see metrics that help you understand your
visibility, traffic, average position, and keyword difficulty.
It gives you an idea of whether a keyword would be
profitable to target or not.
SEMRush offers a tool called Position Tracking. This
tool is a project tool—you must set it up as a new project. Below are a few of
the most popular features of the SEMrush Position Tracking tool:
All subscribers are given regular data updates and
mobile search rankings upon subscribing
The platform provides opportunities to track several
SERP features, including Local tracking.
Intuitive reports allow you to track statistics for the
pages on your website, as well as the keywords used in those pages.
Identify pages that may be competing with each other
using the Cannibalization report.
Ahrefs is a more user-friendly option. It takes seconds
to enter a domain name and keywords. From there, you can quickly decide whether
to proceed with that keyword or figure out how to rank better for other
keywords.
SEMrush allows you to check your mobile rankings and
ranking updates daily, which is something Ahrefs does not offer. SEMrush also
offers social media rankings, a tool you won't find within the Ahrefs platform.
Both are good which one do you like let me know in the comment.
Keyword research is closely related to rank tracking,
but it's used for deciding which keywords you plan on using for future content
rather than those you use now.
When it comes to SEO, keyword research is the most
important thing to consider when comparing the two platforms.
The Ahrefs Keyword Explorer provides you with thousands
of keyword ideas and filters search results based on the chosen search engine.
Ahrefs supports several features, including:
SEMrush's Keyword Magic Tool has over 20 billion
keywords for Google. You can type in any keyword you want, and a list of
suggested keywords will appear.
The Keyword Magic Tool also lets you to:
Both of these tools offer keyword research features and
allow users to break down complicated tasks into something that can be
understood by beginners and advanced users alike.
If you're interested in keyword suggestions, SEMrush
appears to have more keyword suggestions than Ahrefs does. It also continues to
add new features, like the Keyword Gap tool and SERP Questions recommendations.
Both platforms offer competitor analysis tools,
eliminating the need to come up with keywords off the top of your head. Each
tool is useful for finding keywords that will be useful for your competition so
you know they will be valuable to you.
Ahrefs' domain comparison tool lets you compare up to five websites (your website and four competitors) side-by-side.it also shows you how your site is ranked against others with metrics such as backlinks, domain ratings, and more.
Use the Competing Domains section to see a list of your
most direct competitors, and explore how many keywords matches your competitors
have.
To find more information about your competitor, you can
look at the Site Explorer and Content Explorer tools and type in their URL
instead of yours.
SEMrush provides a variety of insights into your
competitors' marketing tactics. The platform enables you to research your
competitors effectively. It also offers several resources for competitor
analysis including:
Traffic Analytics helps you identify where your
audience comes from, how they engage with your site, what devices visitors use
to view your site, and how your audiences overlap with other websites.
SEMrush's Organic Research examines your website's
major competitors and shows their organic search rankings, keywords they are
ranking for, and even if they are ranking for any (SERP) features and more.
The Market Explorer search field allows you to type in
a domain and lists websites or articles similar to what you entered. Market
Explorer also allows users to perform in-depth data analytics on These
companies and markets.
SEMrush wins here because it has more tools dedicated to
competitor analysis than Ahrefs. However, Ahrefs offers a lot of functionality
in this area, too. It takes a combination of both tools to gain an advantage
over your competition.
When it comes to keyword data research, you will become
confused about which one to choose.
Consider choosing Ahrefs if you
Consider SEMrush if you:
Both tools are great. Choose the one which meets your
requirements and if you have any experience using either Ahrefs or SEMrush let
me know in the comment section which works well for you.
“I don’t want to be working on something that can turn around and be used to slaughter innocent people.”
The post “Utterly Dismayed”: Air Force Engineer Resigns as Dissent Against Gaza War Slowly Spreads Within Military appeared first on The Intercept.
The task force revealed its plans not in a communiqué to faculty and students — but instead in an Israeli newspaper article.
The post Columbia Task Force Finally Weighs In: Yes, Anti-Zionism Is Antisemitism appeared first on The Intercept.
Foreign Minister Yván Gil Pinto discusses Venezuela’s bid to join the BRICS alliance, the impacts of U.S. sanctions, and the battle over Citgo.
The post The Venezuelan Perspective appeared first on The Intercept.
Countries in the 27-nation bloc formally approve the launch of accession negotiations on Tuesday
A member of Russia’s lower house of parliament said law enforcement authorities need to do more to protect civilians from ex-convicts who have returned home from fighting in Ukraine.
Nina Ostanina, a Communist Party deputy who has been sanctioned by Western countries over Russia’s 2022 invasion of Ukraine, told the gazeta.ru newspaper in an interview that violent crimes involving decommissioned soldiers “will be even more numerous” if authorities do not act.
Continue reading...State department warns such a move could destabilise the peninsula, as South Korea considers arming Ukraine
Vladimir Putin’s suggestion that Russia could supply weapons to North Korea is “incredibly concerning”, a senior US official has said, days after Putin and North Korea’s leader, Kim Jong-un, signed a defence pact that requires their countries to provide immediate military assistance if either is attacked.
Matthew Miller, a US state department spokesperson, said the provision of Russian weapons to Pyongyang “would destabilise the Korean peninsula, of course, and potentially … depending on the type of weapons they provide … violate UN security council resolutions that Russia itself has supported”.
Continue reading...There is a lot written about technology’s threats to democracy. Polarization. Artificial intelligence. The concentration of wealth and power. I have a more general story: The political and economic systems of governance that were created in the mid-18th century are poorly suited for the 21st century. They don’t align incentives well. And they are being hacked too effectively.
At the same time, the cost of these hacked systems has never been greater, across all human history. We have become too powerful as a species. And our systems cannot keep up with fast-changing disruptive technologies...
President vows to continue work to stop ‘epidemic of gun violence’ after praising supreme court ruling that disarms domestic abusers
The supreme court’s chief justice John Roberts wrote the opinion in United States v Rahimi, which upheld a law that bans domestic abusers from carrying guns.
“An individual found by a court to pose a credible threat to the physical safety of another may be temporarily disarmed consistent with the Second Amendment,” Roberts wrote.
Continue reading...Alvin Bragg has received onslaught of threats against him and other officials since guilty verdict in hush-money trial
Alvin Bragg, the Manhattan district attorney who prosecuted Donald Trump in his felony trial, has asked a judge to extend a gag order against the ex-president after an onslaught of threats and harassment against him and other officials since the guilty verdict.
The gag order was placed on Trump before the start of the felony trial. It prevented the former president from attacking witnesses, court staff, jurors and relatives of Judge Juan Merchan, who oversaw the trial.
Continue reading...Project 2025 — a road map for the next Trump White House — urges overturning Supreme Court precedent, and a trickle of bills may tee up challenges.
The post Can Conservatives Expand the Death Penalty Using the “Trigger Law” Playbook? appeared first on The Intercept.
We unpack the questions that remain about the Coalition’s plan – and the contradictions in their messaging
The opposition leader, Peter Dutton, claims his nuclear power plan would underpin local economies and energy security for “another 80, up to 100 years” – but the prime minister, Anthony Albanese, claims the Coalition’s long-awaited idea has “fallen apart within 24 hours”.
Questions remain about the cost, type, output and design of the reactors. There has been opposition from state premiers and from the owners of the proposed sites, who don’t plan to sell.
Continue reading...This blog is now closed.
Australia needs more gas supply on east coast, Albanese says
Anthony Albanese is speaking to the ABC from Devonport.
We’ll work those issues through with Aemo.
We need more gas supply. We announced our future gas strategy a short while ago because we understand that we need more supply. Gas has an important role to play in manufacturing in particular. But also in providing firming capacity for the renewables rollout.
Continue reading...“I don’t want to be working on something that can turn around and be used to slaughter innocent people.”
The post “Utterly Dismayed”: Air Force Engineer Resigns as Dissent Against Gaza War Slowly Spreads Within Military appeared first on The Intercept.
Farage tells BBC Putin was given excuse by EU and Nato expansion, and that Brexit would have been better with him in charge
Nigel Farage has said the EU and Nato “provoked” Russia’s invasion of Ukraine by expanding eastwards, as the Reform UK leader was challenged over a series of policies and beliefs in a sometimes combative TV interview.
Speaking to BBC’s Panorama on Friday evening, Farage also said Brexit would have benefited the UK economically if he had been running the country, and that many of the Reform candidates criticised for saying offensive things had been “stitched up in the most extraordinary way”.
Continue reading...Qilin stole information relating to 300m interactions with the NHS, which could be used in future scams
A Russian criminal gang has stolen highly sensitive NHS patient data, including the results of blood tests for HIV and cancer, after a cyber-attack this month.
The group posted nearly 400GB of data overnight from a hack of Synnovis, a private/NHS joint venture that provides pathology services such as blood tests and transfusions. Seven hospitals run by two NHS trusts, Guy’s and St Thomas’ and King’s College, have been affected by the ransomware attack.
Continue reading...Winger took his Italian marker to pieces but has his father’s and older brother’s sacrifices to thank for his progress
When Nico Williams turns up, everything changes, except him. At the end of Spain’s 1-0 destruction of Italy on Thursday night – and, yes, there is such a thing as a 1-0 destruction – King Felipe VI made his way down to the dressing room to congratulate them. There was a brief address, something about having to win even if it was with an own goal, and a smattering of polite applause. The king went round the room: handshakes, smiles, the occasional word. “Sixteen?!” he said, standing before Lamine Yamal, putting his head in his hands. The players laughed a little awkwardly, nodded, said thanks.
And then, just as Felipe reached the end of the line, shook David Raya’s hand and started to say he was going now, he was suddenly interrupted by a cheer and applause. A big cheer and proper applause: forget all the formality, this was felt. Behind him, Williams had walked in. Make way for real royalty. Top off, grin on, Spain’s winger and the game’s man of the match bounced in and held out his hand, a high palm this time in place of all that protocol. Which made for a pretty good portrait. Iñaki’s little brother is irresistible, he and Lamine Yamal the revolution.
Continue reading...Former Russian spy Sergei and his daughter, Yulia, fear for their safety if they give evidence at hearing into death of Dawn Sturgess, says barrister
The former Russian spy Sergei Skripal and his daughter, Yulia, do not want to appear at an independent inquiry on the Salisbury novichok poisonings because they fear their security cannot be guaranteed, it has emerged.
At a preliminary inquiry hearing, it was also made clear that the family of Dawn Sturgess, who died after being exposed to the nerve agent, are keen that the adequacy of the medical care she received is fully explored.
Continue reading...We would like to hear from people who may have been affected by the ransomware attack
Russian hackers have stolen records covering 300m patient interactions with the NHS, including the results of blood tests for HIV and cancer.
Seven hospitals run by two NHS trusts were affected by the attack, which targeted Synnovis, a private/NHS joint venture that provides pathology services such as blood tests and transfusions. It is unclear at this stage if the hack involves only hospitals in the trusts or is more widespread.
Continue reading...Exclusive: Health service scrambling to set up helpline after Qilin gang put stolen data into public domain overnight
Russian hackers have stolen records covering 300m patient interactions with the NHS, including the results of blood tests for HIV and cancer, the Guardian can reveal.
The amount and sensitive nature of the data obtained by the Qilin hacking gang has caused alarm among NHS bosses, who are scrambling to set up a helpline to deal with inquiries from what could be a large number of worried patients and also health service staff.
Continue reading...Ex-footballer reportedly struck on the head with butt of a gun and detained in a room while Italy game was on TV
The Italian football legend Roberto Baggio was robbed and beaten at gunpoint in his home on Thursday while watching the Italy-Spain match in the European Championship with his family.
A group of at least five armed individuals forcibly entered the villa in Altavilla Vicentina, located in northern Italy, at 10pm local time.
Continue reading...Israel destroyed much of Gaza’s internet infrastructure. A Saudi proposal to rebuild it was watered down after Israeli and U.S. protests.
The post Israel Opposes Rebuilding Gaza’s Internet Access Because Terrorists Could Go Online appeared first on The Intercept.
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Thanks to the tireless work of campaigners in Surrey, fossil-fuel development must now take into account ‘downstream’ emissions
This week I found out what it feels like to go beyond your wildest dreams. A case I fronted won at the supreme court, with potentially huge positive impacts for the climate. For almost five years, I had been mounting a legal challenge to fossil-fuel production at Horse Hill in the Surrey countryside. A group of residents, activists and lawyers had been pursuing a routine legal review of a council planning decision that had given an oil company the green light to drill four new oil wells and produce oil for 20 years.
The supreme court ruling means it will now be much harder for new fossil-fuel projects to go ahead as their full climate impact will need to be factored in from the start. Our challenge centred on the fact that the oil produced by the Horse Hill site would inevitably be burned, throwing carbon into the atmosphere and heating the planet. We expected it to be a routine legal procedure lasting six months. But as the case came together, its wider significance for the climate and the fossil-fuel industry at large became clearer, and months turned into years as it worked its way through the courts.
Sarah Finch is a climate campaigner and a member of the Weald Action Group
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UAVs continually kill civilians, but the U.S. military wants to expand its arsenal with an army of new, mass-produced kamikaze AI drones.
The post Cheap and Lethal: The Pentagon’s Plan for the Next Drone War appeared first on The Intercept.
Increasing use of fans, air coolers and air conditioners is placing ‘serious’ strain on grid in north of country
Engineers in India have warned of the possibility of prolonged power outages in the north, where a heatwave has brought misery for millions of people.
Demand for electricity has soared due to fans, air coolers and air conditioners being run constantly, placing a strain on the grid in Delhi and elsewhere in the north. Manufacturers of air conditioners and air coolers report sales rising by 40-50% compared with last summer.
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NSW police allege ‘words were said’ before Rhyce Harding, 27, was killed in an alleged hit-and-run at Blackett
A man has been charged over an alleged road rage incident that police allege saw another man dragged 100 metres down a street before dying at the scene.
Rhyce Harding, 27, was allegedly hit by a white ute after getting out of his car in Sydney’s west, police said.
Continue reading...Woman claims boyfriend breached ‘verbal contract’ by not picking her up, causing her to miss her flight
A New Zealand woman has taken her long-term boyfriend to a disputes tribunal for breaching a “verbal contract” by failing to take her to the airport, resulting in her missing a flight to a concert and forcing her to delay her travel by one day.
The woman told New Zealand’s disputes tribunal that she had been in a relationship with the man for six and a half years until the disagreement arose.
Continue reading...It’s really hard when the water reaches your waist, says swimmer who braved chilly Hobart river to mark winter solstice
Double up on your socks, leave your shoes on until the last minute, don’t overthink it and bring a friend.
Those were some of the top tips shared among a record crowd of 3,000 people who went for a nude sunrise swim in Hobart’s River Derwent on Friday to mark the winter solstice.
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.
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.
Twelve jurors in New York have presented their fellow Americans with a simple question: are you willing to elect a convicted criminal to the White House?
On Thursday, Donald Trump was found guilty of all 34 counts of falsifying business records in a criminal hush-money scheme to influence the outcome of the 2016 election. The verdict makes him the first president, current or former, to be found guilty of felony crimes in the US's near 250-year history. Regardless, the conviction does not disqualify Trump as a presidential candidate or bar him from again sitting in the Oval Office.
Trump, who opted not to take the stand during the trial, has denied wrongdoing, railed against the proceedings and ahead of the verdict compared himself to a saint: “Mother Teresa could not beat these charges. The charges are rigged,” he said on Wednesday. Trump, the presumptive Republican nominee, is expected to appeal the verdict.
The Guardian’s Sam Levine has been in court over the last several weeks covering all the developments – here are three testimonies he found most memorable.
Could Trump go to prison? Here’s what happens next after the guilty verdict
Mozilla, the maker of the popular web browser Firefox, said it received government demands to block add-ons that circumvent censorship.
The post Firefox Browser Blocks Anti-Censorship Add-Ons at Russia’s Request 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...The most fun way to discover a new English wine – of which there are now many – is to visit the producers themselves, but here’s a selection to discover online
If you weren’t already aware, it’s been English Wine Week this week. If you haven’t tried the stuff for a while, you might feel that that’s nothing to write home about – the fizz is great but expensive, while the still wines can be sharp and underripe – but they’re improving all the time, and I speak as a former sceptic. I helped judge the Independent English Wine Awards (IEWA) last month, and found lots to love, including some really good chardonnay and, intriguingly, orange wine.
Bacchus is the signature grape variety in the UK and, being distinctly sauvignon blanc-ish in character, it’s one you might well reach for with salads. But salads don’t have to be light, and frequently aren’t these days: grilled veg, seared steak and pulses all make them as likely to go with an orange or a red wine as with a white or rosé.
For more by Fiona Beckett, go to fionabeckett.substack.com
Continue reading...Law firm’s case against six Norwegian-owned fish companies is over alleged breaches of competition law
A legal firm is seeking £382m on behalf of British consumers from some of the world’s largest salmon producers, which are accused of price fixing.
Legal action filed this week at the competition appeal tribunal said UK consumers overpaid for at least four years because of alleged breaches of competition law by the fish firms Mowi and its subsidiary Mowi Holdings, SalMar, Lerøy, Scottish Sea Farms and Grieg.
Continue reading...A vodka martini with a ginger and raspberry kick
Our drinks tend to be minimalistic, with a clear focus on flavour, and this one has been a massive hit. I wanted to come up with a fruit-based cocktail that can be enjoyed all year-round, and this is deep, elegant and fresh, with a cheeky spice to finish.
Tommy Heaney is chef/owner of Uisce, Cardiff
Continue reading...The actor plays an actor struggling with a demonically bad film shoot in a well-made yet increasingly messy chiller
Like many other dethroned A-listers of his generation, Oscar winner Russell Crowe has found himself a steady career hustling far further down the food chain, headlining B-movies he once would have balked at. The last few years have seen the famed actor crop up in gonzo road rage thriller Unhinged, shepherd the other Hemsworths in war drama Land of Bad, lead the barely released crime thriller Sleeping Dogs earlier this year and become the pope’s exorcist in The Pope’s Exorcist.
The latter became something of a surprise hit, first theatrically and then on Netflix, albeit in a rather jokey way, the film most easily remembered for the many memes of Crowe on a scooter. Its success was such that it not only guaranteed a sequel (The Pope’s Exorcist 2 is coming), but it also led to another of his exorcism movies getting saved from streaming hell and being delivered to the big screen instead, this weekend’s The Exorcism, a film originally shot back in 2019. It has an interesting backstory, loosely inspired by director Joshua John Miller’s experience as the son of actor Jason Miller who played Father Karras in The Exorcist. His father’s tales of a haunted set led to a film about an actor starring in a remake of what appears to be The Exorcist then becoming more explicitly plagued by demonic forces during production.
Continue reading...The Latin American classic dessert is unbeatable served cool and with strawberries on a summer’s day
A tres leches cake during the summer is a delight. For a cake made of three milks – evaporated, condensed and fresh whole – this Latin American classic is surprisingly refreshing. Whenever I crave it, my mind wanders to my friend Terri Mercieca’s [founder of Happy Endings] creation: the tres leches ice-cream sandwich. Picture a delicate yellow sponge cake embracing layers of ice-cream and decadent dulce de leche. It’s a knockout quick fix! Or for a bit more of a project, make today’s recipe.
Discover this recipe and many more from your favourite cooks in the new Guardian Feast app, with smart features to make everyday cooking easier and more fun
Continue reading...There’s a dramatic dichotomy between the restaurant this wants to be and the joint they’re actually running
Finding hot new ways with pasta isn’t easy, but at Assaggini in Glasgow, they are confident that they’ve nailed it. Have you tried eating it on much smaller plates? Yes, these are words you’ve seen before – carbonara, gnocchi, spaghetti – but in tinier portions and with an onus on sharing them with the ones you love. Or perhaps the ones you no longer love, after you’ve split a plate of ravioli filled with chianti-braised beef with them, lingered while telling a story and found yourself left with just the brown butter and sage sauce.
But if you can play nicely and share like a grownup, Assaggini is a lovely idea. The menu is genuinely exciting: 13 types of pasta and each one matched with a potential beer pairing. The carbonara goes with a St Mungo, a Glaswegian premium helles lager, while the ravioli is paired with Munich Red. These artisan ales are from West, an independent Scottish brewery that works in accordance with Reinheitsgebot, the German beer purity law of 1516. Touches such as this, plus Assaggini’s lengthy list of pizzas, salumi, fritti and salads, make this whole affair feel like a futuristic Pizza Express built for a brave new world.
On paper, it’s a vast all-day restaurant with a menu that solves all of your problems when feeding even the pickiest group. There’s pasta with straightforward tomato sauce and crocchetta di patate with spicy mayo for the less adventurous. Alternatively, you can lose yourself in the menu with its maps, diagrams and delicious-sounding combinations, and go wild – girasoli, sunflower-shaped pasta stuffed with fresh ricotta and black truffle and served with pistacchio di Bronte maybe, or a round of frittatina, deep-fried pasta with mortadella?
Israel destroyed much of Gaza’s internet infrastructure. A Saudi proposal to rebuild it was watered down after Israeli and U.S. protests.
The post Israel Opposes Rebuilding Gaza’s Internet Access Because Terrorists Could Go Online appeared first on The Intercept.
In the run-up to July's election, the Guardian video team is touring the UK looking at issues that matter to communities. In the town of Port Talbot, in the Aberafan Maesteg constituency, many voters are worried about the future of the steelworks where at least 2,800 jobs are on the line. We spoke to businesses, food banks and charities and politicians, all worried about the knock-on effect on families who have been steelworkers for generations. We also heard voters' other concerns and asked politicians what people were saying about the steelworks on the doorstep
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.
“They attacked in the middle of the day. People were going to the market. They gave no warning.”
The post Medical Aid Worker Describes the Bloody Aftermath of Israel’s Hostage Rescue 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...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.
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
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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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