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New Images From Euclid Mission Reveal Wide View of the Dark Universe
Thu, 23 May 2024 13:30:35 +0000
With NASA contributions, the mission will complement dark energy studies to be made by the agency’s upcoming Nancy Grace Roman Space Telescope. The Euclid mission, led by ESA (the European Space Agency) with contributions from NASA, has released five new images that showcase the space telescope’s ability to explore two large-scale cosmic mysteries: dark matter […]
Match ID: 0 Score: 35.00 source: www.nasa.gov age: 0 days
qualifiers: 35.00 travel(|ing)
Football fans: are you travelling to Euro 2024 this summer?
Thu, 23 May 2024 13:00:32 GMT
How long are you going over for? Will you be working ‘from home’? Where are you staying and how much is it all going to cost?
Euro 2024 is now just under a month away from kicking off, with thousands of football fans set to descend on Germany for the tournament.
The hosts are known for strong beers – England and Scotland fans have already been advised to know their limits – and some supporters are planning to rent an Airbnb while continuing to work remotely during days between matches.
Continue reading...Do you rent out holiday lets? How many bookings have you had for this year? How does it compare to previous years?
With summer just around the corner, many families will have already booked holidays, with plenty opting to stay in the UK.
Although visitor numbers to the UK’s top tourist attractions are increasing, they continue to remain stubbornly below pre-pandemic levels.
Continue reading...The bestselling historical fiction writer, whose new book, Nero, is out today, urges visitors to the Eternal City to make time for the quieter pleasures on offer around its seven hills
I have loved Rome all my life. I went first when I was 10, to stay in a convent. The highlight then was slipping into a cage with two guard dogs, convinced I had a gift for soothing savage beasts. Reader, I survived.
The most recent was in April this year, which involved being pickpocketed at the Circo Massimo metro station. Honestly, it was a privilege to encounter such professionals. Fagin would have called them “good boys” – all right, good girls, if you want the truth. A large, blousy lady blocked the door to the train as I got on, demanding to know something. Two of her companions pushed on alongside, then visibly realised their “mistake”. All three raced to get off before the doors shut. I was jostled in the middle and never even felt the dip. Another passenger told me what had happened as our train pulled away. No violence, ladies and gentlemen. More like street theatre – though the ticket price was a little high.
Continue reading...Photographer Steve Fitch has captured motel signs across the US, showing a range of styles during different decades, displayed at a new exhibition at the Joseph Bellows Gallery in La Jolla, California. ‘What does matter is the idea of theme and variation, how a collection can be interesting because of the variety of specimens,’ Fitch said. ‘A collection of butterflies illustrates this idea, for example, and photography is such a great medium for collecting and comparing, which is what my motel sign project is ultimately all about’
Continue reading...From first crush to first love, from the closet to coming out and from loss to connection. For the last 25 years, retired schoolteacher Arden Eversmeyer travelled from Houston across the US to record hundreds of oral ‘herstories’ from a rapidly disappearing population. Old Lesbians honours Arden’s legacy by animating the resilient, joyful voices she preserved in the Old Lesbian Oral Herstory Project – a powerful reminder of the strength, resilience and unwavering spirit of these remarkable women
Continue reading...Winter downpours also made 20% wetter and will occur every three years without urgent carbon cuts, experts warn
The seemingly “never-ending” rain last autumn and winter in the UK and Ireland was made 10 times more likely and 20% wetter by human-caused global heating, a study has found.
More than a dozen storms battered the region in quick succession between October and March, which was the second-wettest such period in nearly two centuries of records. The downpour led to severe floods, at least 20 deaths, severe damage to homes and infrastructure, power blackouts, travel cancellations, and heavy losses of crops and livestock.
Continue reading...ICC warrants against Israeli officials would mean they can’t travel — and their patrons in the U.S. would be pressured over continued arms sales.
The post Can a U.S. Ally Actually Be Held Accountable for War Crimes in the ICC? appeared first on The Intercept.
When asked what makes this an “emotional support squid” and not just another stuffed animal, its creator says:
They’re emotional support squid because they’re large, and cuddly, but also cheerfully bright and derpy. They make great neck pillows (and you can fidget with the arms and tentacles) for travelling, and, on a more personal note, when my mum was sick in the hospital I gave her one and she said it brought her “great comfort” to have her squid tucked up beside her and not be a nuisance while she was sleeping.
As usual, you can also use this squid post to talk about the security stories in the news that I haven’t covered...
The 71-year-old veteran peace activist discusses the war on Gaza, the Biden administration, and shaking up Congress.
The post Code Pink’s Medea Benjamin on Disrupting the U.S. War Machine appeared first on The Intercept.
The 22-year-old woman and her child were civilian casualties of a U.S. drone strike, but the Pentagon won't return the family's messages.
The post Pentagon Compensated Zero Civilian Victims in 2022 — Despite Evidence That the U.S. Killed a Mom and Child in Somalia appeared first on The Intercept.
“We’re continuing to work around the clock with the government of Israel and with the government of Egypt to work on this issue,” the State Department said.
The post American Medical Missions Trapped in Gaza, Facing Death by Dehydration as Population Clings to Life appeared first on The Intercept.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors. You’ll also receive handpicked offers from Guardian Holidays.
From biking adventures to city breaks, get inspiration for your next break – whether in the UK or further afield – with twice-weekly emails from the Guardian’s travel editors.
You’ll also receive handpicked offers from Guardian Holidays.
Continue reading...‘Paintings are still around, people still go to museums,’ the actor has said, trying to sound positive about the future of cinema. But if you crunch the numbers, this isn’t reassuring
Sometimes there is nothing so depressing as reassurance. Seth Rogen is currently making a Larry Sanders-style comedy for Apple TV+ entitled The Studio, in which a bunch of Hollywood executives collectively freak out about the imminent death of cinema as we know it. The good news is that Seth Rogen has used a new episode of Variety’s Awards Circuit podcast to announce how bullish he is about the future of cinema in real life. The bad news is that he had to invoke museums.
“I think if movies were going to go away, they would have a long time ago,” he said. “Paintings are still around. People still go to museums! There’s things flashier or more ‘interesting’ than then oil on canvas, but people still flock from all over the world, enough to keep museums open.”
In one sense, he has a point. People do still go and look at paintings. Around 7.5 million of them went to see the Mona Lisa last year. They went to see it in such vast quantities that it caused overcrowding problems. That’s a bad thing when it comes to the Louvre getting acceptable Tripadvisor reviews, but a great thing when it comes to proving the ongoing appeal of paintings.
I took to the red carpet alongside other activists to highlight sexual violence. Now women of colour need a bigger place in the movement
The 77th Cannes film festival reaches its climax on Saturday when all eyes will be on the Croisette, as the winners of the prestigious Palme d’Or are announced. Hollywood greats such as Meryl Streep, Jane Fonda and Greta Gerwig have been in town, but this year, I found myself on the red carpet, hand in hand with some of the most courageous women in the business.
Behind the facade of movie-star glamour and fashionable edge, there are burning issues that have been agitating the grande famille du cinéma in France for years – but have been kept out of sight. The Cannes festival, as a symbol of the French film establishment, can no longer shy away from them.
Rokhaya Diallo is a Guardian Europe columnist
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.
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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
As brutal police repression sweeps campus encampments, schools have been cutting ties with pro-Palestine faculty members without tenure.
The post University Professors Are Losing Their Jobs Over “New McCarthyism” on Gaza appeared first on The Intercept.
Kick back, crack open the rosé and enjoy a vibrant, nutty Georgian vegetable paté and grilled lime prawns with courgettes
Whether it’s gorgeous or glacial, I’m determined to eat outside this bank holiday weekend. Fresh air I will find and alfresco I will call it! I’m not even talking a full decamp to the nearest common or heath – picnic planning still feels a bit too wishful; I’m thinking more outside the confines of the kitchen, so garden table, front doorstep, balcony: whatever we have, we should take, I think. Even an open window would count, with a chair perched beside it, plate on knees, searching for the sun.
Continue reading...This barbecue-style dish uses a tangy Trinidadian favourite, tamarind, in the marinade to add sweetness to the meat – cook in the oven or over coals, depending on the forecast
Barbecued meat isn’t exclusive to any ethnic group in the Caribbean. The term “barbecue”, however, originates with the (now dwindling) Amerindian people and is derived from the Taino word for the raised wooden structure used, among other things, to cure meat, barbecoa. A common misconception is that jerk chicken is popular throughout the Caribbean, when it is in fact only a chart-topper in Jamaica. From Cuba down to Guyana, you’ll find iterations of “BBQ chicken”, though, and this one uses that tangy Trinidadian favourite, tamarind.
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...Agriculture is often seen as the enemy of biodiversity, but in an excerpt from her new book Sophie Yeo explains how techniques from the middle ages allow plants and animals to flourish
The Vile clings on to the edge of the Gower peninsula. Its fields are lined up like strips of carpet, together leading to the edge of the cliff that drops into the sea. Each one is tiny, around 1-2 acres. From the sky, they look like airport runways, although this comparison would have seemed nonsensical to those who tended them for most of their existence.
That is because the Vile is special: a working example of how much of Britain would have been farmed during the middle ages. Farmers have most likely been trying to tame this promontory since before the Norman conquest.
Continue reading...I didn’t expect my lips to swell and blister when I bit into a croissant – but pea protein is suddenly appearing everywhere
My last brush with mortality came in April, at a branch of Starbucks. Finding myself running early for a meeting, I took the chance to pop in for my usual: a latte and a ham-and-cheese croissant. As I waited for the barista to pour my coffee, I took a nibble of the pastry. Within a minute, my lower lip was swollen and blistering.
I checked the ingredients list. Though I’d ordered this very same item about once a month for years, I knew what was coming: this croissant now contained peas.
Hannah Fearn is a freelancer writer and reporter specialising in social affairs
Continue reading...Food group illegally prevented retailers from sourcing products from EU states where prices were lower
• Business live – latest updates
The owner of Toblerone, Milka and Oreo has been fined €337.5m (£288m) for anti-competitive practices in the EU.
The US food group Mondelēz is one of the world’s largest confectionery companies and also owns Ritz and TUC biscuits, Cadbury and Côte D’Or chocolate and the coffee brands JAG, Jacobs and Velours Noir.
Continue reading...Chopped salad offers a festival of textures and flavours all in the one mouthful
Not so long ago, I fell down a hole on the internet and landed on a page on Mob’s website entitled A Brief Investigation into Chopped Salads. This sentence, in particular, caught my attention: “According to Jeff Gordinier, food & drink writer for Esquire, ‘chopping intensifies the pleasure of a salad’ Perhaps it was just food clickbait, I thought – but perhaps it was also true? I tested out the theory (see today’s recipe) and can confirm first-hand that there is great pleasure to be had in both chopping ingredients to sling with abandon into a bowl, and in munching on a festival of textures and flavours all in the one mouthful.
Continue reading...At Tea Magic in New York, I’m happy to indulge my girls and their friends in the latest soft-drink craze. Until things kick off
Last Friday, I took four nine-year-old girls to their favourite after-school hang-out, Tea Magic, a place that is distinct from, and in their view superior to, Shiny Tea, Gong Cha Tea, Coco Tea and Mochi Dulci. If you had to create in a laboratory an environment to appeal to tween girls it would be this one: on each wall, huge Hello Kitty-type murals and a menu involving combined fluorescent syrups and a range of brightly coloured add-ons loosely inspired by the tapioca “boba tea”. Within seven minutes, everyone was jacked up on sugar, including a group of girls from a rival elementary school, whereupon things briefly got exciting.
As someone who grew up in the era of Panda Cola, I’ll admit that fashion as expressed through the medium of soft drinks is something I occasionally struggle with. Fifteen years ago, I was kind of on board with iced coffee, which was a mistake. (First, the ice means you get less coffee, which means the Man wins again. Second, when the ice melts, you are effectively drinking coffee-flavoured water; wise up people, this isn’t desirable). More recently, when fruit-flavoured seltzer became a thing in New York – specifically, the brand La Croix – I wasn’t on board with that, either, mainly because I’m not 14 years old, and also because we buy our seltzer in 32-can off-brand crates from Costco that cost about half the price.
Emma Brockes is a Guardian columnist
Continue reading...I’ll Have What She’s Having, at the Capital Jewish Museum in Washington DC, is a celebration of the delicatessen and its place in US culture
Cate Thurston remembers the moment her team settled on what to call an exhibition about Jewish delis in America. “We kind of just said it as a joke,” the co-curator says. “It was a former colleague who said, ‘You could call it this,’ and we all had a laugh. And then we thought, wait, no, we could call it that!”
The title they chose: I’ll Have What She’s Having.
Continue reading...After old rivalries between Dogon farmers and Fulani herders erupted into violence, exacerbated by Islamist rebels, thousands of the semi-nomadic pastoralists have fled to camps in towns, leaving their cherished animals and way of life. Many must beg to survive at sites lacking food and clean water, with no end in sight to the conflict
Continue reading...The M&S was shut. The Costa was shut. Burger King, Greggs and KFC were shut too. Maybe us humans just weren’t designed to stay up all night
Leigh Delamere Services (Westbound) on the M4 in the early hours of last Saturday morning. Bleak. Really bleak. I was on a long drive home from an important football match my team had lost. What I needed was a cuddle, but that was hours away. In the meantime, I’d have to settle for something to eat and, if at all possible, a not unfriendly face to serve it to me. Neither was available.
The M&S was shut. The Costa was shut. Every fast food outlet – Burger King, Chow, Greggs, KFC, West Cornwall Pasty Co – all shut, shuttered, shut. I wouldn’t be eating my feelings after all. The whole place was a mess. A few staff, mainly cleaners, wandered around without any discernible sense of purpose, kind of dazed, quietly reflecting my own despair back at me. In its own mundane way, the scene fell not far short of post-apocalyptic. The few sandwiches left in WHSmith were past their best. I looked around for someone to tell me if anything else was available, but no humans were in attendance. The self-checkout machine was my only friend.
Continue reading...Conservationists say Barbara Creecy has failed to implement vital changes to stop fishing around colonies amid fears African penguins could be extinct by 2035
It’s 3.40pm on a Thursday and Penguin 999.000000007425712 has just returned to the Stony Point penguin colony in Betty’s Bay, South Africa, after a day of foraging. She glides elegantly through the turquoise waters before clambering comically up the rocks towards the nest where her partner is incubating two beige eggs. She doesn’t realise it, but a rudimentary knee-high fence has funnelled her towards a state-of-the-art weighbridge. When she left the colony at 6.45am this morning she weighed 2.7kg. Now, after a full day of hunting, she has gained only 285g.
Eleanor Weideman, a coastal seabird project manager for BirdLife South Africa, is concerned. “In a good year they come back with their stomachs bulging,” she says. Penguins can put on up to one-third of their body weight in a single day of foraging. “But there’s just no fish out there any more.”
Continue reading...Photojournalist Sean Smith has spent the last 12 months documenting the Thurrock community that operates and uses some of the busiest Trussell Trust food banks in the country
There were just under 1,400 Trussell Trust food banks in the UK in 2023, as well as 1,172 independent food banks, all largely run by volunteers from the community they serve.
Dock Road, Tilbury
Continue reading...The bestselling historical fiction writer, whose new book, Nero, is out today, urges visitors to the Eternal City to make time for the quieter pleasures on offer around its seven hills
I have loved Rome all my life. I went first when I was 10, to stay in a convent. The highlight then was slipping into a cage with two guard dogs, convinced I had a gift for soothing savage beasts. Reader, I survived.
The most recent was in April this year, which involved being pickpocketed at the Circo Massimo metro station. Honestly, it was a privilege to encounter such professionals. Fagin would have called them “good boys” – all right, good girls, if you want the truth. A large, blousy lady blocked the door to the train as I got on, demanding to know something. Two of her companions pushed on alongside, then visibly realised their “mistake”. All three raced to get off before the doors shut. I was jostled in the middle and never even felt the dip. Another passenger told me what had happened as our train pulled away. No violence, ladies and gentlemen. More like street theatre – though the ticket price was a little high.
Continue reading...ICC warrants against Israeli officials would mean they can’t travel — and their patrons in the U.S. would be pressured over continued arms sales.
The post Can a U.S. Ally Actually Be Held Accountable for War Crimes in the ICC? appeared first on The Intercept.
With FDA approval on the horizon, an internal document lays out measures to treat PTSD and stanch the suicide crisis.
The post The VA Is Quietly Fast-Tracking MDMA Therapy for Veterans appeared first on The Intercept.
From targeting humanitarian vehicles to standing by as mobs attack trucks, Israel is blocking aid from reaching Gaza.
The post The State Department Says Israel Isn’t Blocking Aid. Videos Show the Opposite. 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.
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Continue reading...After inquiries from The Intercept, Duane Kees stepped down from his ethics panel position.
The post This U.S. Attorney Resigned Amid an Ethics Investigation. Yet He Wound Up Overseeing Judges’ Ethics. appeared first on The Intercept.
“We’re continuing to work around the clock with the government of Israel and with the government of Egypt to work on this issue,” the State Department said.
The post American Medical Missions Trapped in Gaza, Facing Death by Dehydration as Population Clings to Life appeared first on The Intercept.
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
Video:
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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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