Bitcoin | Page 21 of 27 | Technology | The Guardian
Why Everybody Who Doesn’t Hate Bitcoin Loves It (Ep. 160
March 2014 – The Digital Tiger
Bitcoin, Eats, Shoots & Leaves - Pips Tube
Jordan Lee, March 27, 2014: "Bitcoin and Peercoin are too volatile for use in ordinary business transactions. They are not currencies. They are cryptocommodities"
Jordan Lee, March 27, 2014: "I doubt that is what David is implying. This tax ruling (which shouldn't have surprised anyone), brings focus to the unpleasant fact that Bitcoin and Peercoin are too volatile for use in ordinary business transactions. They are not currencies. They are cryptocommodities. We need a cryptocurrency: something stable in value that has no capital gains or losses and no attendant accounting complexities. There was a time when I believed Bitcoin would provide a permanent and stable foundation for a decentralized financial ecosystem. Sunny King had the courage to see that this was unfortunately not the case, but he didn't admit defeat. He engineered Peercoin as a solution to the shortcomings of Bitcoin. We must be honest and brave in admitting the flaws of Peercoin to begin to able to engineer a solution to those shortcomings. If you can articulate a problem well, a solution tends to emerge. Bitcoin is made obsolete by Peercoin. I don't think Peercoin has to rendered obsolete to engineer a solution to its volatility problem, but I do think it is time to stop imagining Peercoin can make a good currency in its present form. That is emotionally challenging for a lot of people on this forum."
Flatten the Curve. #18. The current cold war between China and America explained. And how China was behind the 2008 Wall Street financial Crash. World War 3 is coming.
China, the USA, and the Afghanistan war are linked. And in order to get here, we will start there. 9-11 happened. Most of the planet mistakenly understood terrorists had struck a blow against Freedom and Capitalism and Democracy. It was time to invade Afghanistan. Yet all of the terrorists were linked to Saudi Arabia and not Afghanistan, that didn't make sense either. Yet they invaded to find Bin Laden, an ex CIA asset against the Soviet Union and it's subjugation of Afghanistan. The land in the middle of nowhere in relation to North America and the West. It was barren. A backwater without any strategic importance or natural resources. Or was there? The survey for rare earth elements was only made possible by the 2001 U.S. invasion, with work beginning in 2004. Mirzad says the Russians had already done significant surveying work during their military occupation of the country in the 1980s. Mirzad also toes the line for U.S. corporations, arguing, “The Afghan government should not touch the mining business. We have to give enough information to potential investors.” Rare Earth Elements. The elements that make the information age possible. People could understand the First Gulf War and the Geopolitical importance of oil. That was easy, but it still didn't sound morally just to have a war for oil. It was too imperialist and so they fell in line and supported a war for Kuwaiti freedom instead, despite the obvious and public manipulation at the UN by Nayirah. This is some of her testimony to the Human Rights Council. While I was there, I saw the Iraqi soldiers come into the hospital with guns. They took the babies out of the incubators, took the incubators and left the children to die on the cold floor. It was horrifying. I could not help but think of my nephew who was born premature and might have died that day as well. After I left the hospital, some of my friends and I distributed flyers condemning the Iraqi invasion until we were warned we might be killed if the Iraqis saw us. The Iraqis have destroyed everything in Kuwait. They stripped the supermarkets of food, the pharmacies of medicine, the factories of medical supplies, ransacked their houses and tortured neighbors and friends. There was only one problem. She was the daughter of Saud Al-Sabah, the Kuwaiti ambassador to the United States. Furthermore, it was revealed that her testimony was organized as part of the Citizens for a Free Kuwait public relations campaign, which was run by the American public relations firm Hill & Knowlton for the Kuwaiti government (fun fact, Hill & Knowlton also have extensive ties with Bill Gates). So the public was aghast at her testimony and supported the war against the mainly Soviet backed, but also American supported and Soviet backed Saddam Hussein, in his war against Iran, after the Iranians refused to Ally with American interests after the Islamic Revolution. But that was oil, this was Rare Earth Elements. There was a reason the war was called, Operation Enduring Freedom. This natural resource was far more important in the long run. You couldn't have a security surveillance apparatus without it. And what was supposed to be a war on terror was in actuality a territorial occupation for resources. Sleeping Dragon China is next, and where there's smoke, there's fire. Let's go point form for clarity. • China entered the rare earth market in the mid-1980s, at a time when the US was the major producer. But China soon caught up and became the production leader for rare earths. Its heavily state-supported strategy was aimed at dominating the global rare earth industry. • 1989 Beijing’s Tiananmen Square spring. The U.S. government suspends military sales to Beijing and freezes relations. • 1997. Clinton secures the release of Wei and Tiananmen Square protester Wang Dan. Beijing deports both dissidents to the United States. (If you don't understand these two were CIA assets working in China, you need to accept that not everything will be published. America wouldn't care about two political activists, but why would care about two intelligence operatives). • March 1996. Taiwan’s First Free Presidential Vote. • May 1999. America "accidently" bombs the Belgrade Chinese Embassy. • 2002 Price competitiveness was hard for the USA to achieve due to low to non-existent Chinese environmental standards; as a result, the US finally stopped its rare earth production. • October 2000. U.S. President Bill Clinton signs the U.S.-China Relations Act. China's take over of the market share in rare earth elements starts to increase. • October 2001. Afghanistan war Enduring Freedom started to secure rare earth elements (Haven't you ever wondered how they could mobilize and invade so quickly? The military was already prepared). • 2005. China establishes a monopoly on global production by keeping mineral prices low and then panics markets by introducing export quotas to raise prices by limiting supply. • Rare Earth Elements. Prices go into the stratosphere (for example, dysprosium prices do a bitcoin, rocketing from $118/kg to $2,262/kg between 2008 and 2011). • In a September 2005. Deputy Secretary of State Robert B. Zoellick initiates a strategic dialogue with China. This was presented as dialog to acknowledge China's emergence as a Superpower (which China probably insisted on), but it was about rare earth elements market price. • October 2006. China allows North Korea to conduct its first nuclear test, China serves as a mediator to bring Pyongyang back to the negotiating table with the USA. • September 2006. American housing prices start to fall. (At some point after this, secret negotiations must have become increasingly hostile). • March 2007. China Increases Military Spending. U.S. Vice President Dick Cheney says China’s military buildup is “not consistent” with the country’s stated goal of a “peaceful rise.” • Mid-2005 and mid-2006. China bought between $100b and $250 billion of US housing debt between mid-2005 and mid-2006. This debt was bought using the same financial instruments that caused the financial collapse. • 2006. Housing prices started to fall for the first time in decades. • Mid-2006 and mid-2007. China likely added another $390b to its reserves. "At the same time, if China stopped buying -- especially now, when the private market is clogged up -- US financial markets would really seize up." Council on Foreign Relations-2007 August • February 27, 2007. Stock markets in China and the U.S. fell by the most since 2003. Investors leave the money market and flock to Government backed Treasury Bills. I've never seen it like this before,'' said Jim Galluzzo, who began trading short-maturity Treasuries 20 years ago and now trades bills at RBS Greenwich Capital in Greenwich, Connecticut.Bills right now are trading like dot-coms.'' We had clients asking to be pulled out of money market funds and wanting to get into Treasuries,'' said Henley Smith, fixed-income manager in New York at Castleton Partners, which oversees about $150 million in bonds.People are buying T-bills because you know exactly what's in it.'' • February 13, 2008. The Economic Stimulus Act of 2008 was enacted, which included a tax rebate. The total cost of this bill was projected at $152 billion for 2008. A December 2009 study found that only about one-third of the tax rebate was spent, providing only a modest amount of stimulus. • September 2008. China Becomes Largest U.S. Foreign Creditor at 600 billion dollars. • 2010. China’s market power peaked in when it reached a market share of around 97% of all rare earth mineral production. Outside of China, there were almost no other producers left. Outside of China, the US is the second largest consumer of rare earths in the world behind Japan. About 60% of US rare earth imports are used as catalysts for petroleum refining, making it the country’s major consumer of rare earths. The US military also depends on rare earths. Many of the most advanced US weapon systems, including smart bombs, unmanned drones, cruise missiles, laser targeting, radar systems and the Joint Strike Fighter programme rely on rare earths. Against this background, the US Department of Defense (DoD) stated that “reliable access to the necessary material is a bedrock requirement for DOD” • 2010. A trade dispute arose when the Chinese government reduced its export quotas by 40% in 2010, sending the rare earths prices in the markets outside China soaring. The government argued that the quotas were necessary to protect the environment. • August 2010. China Becomes World’s Second-Largest Economy. • November 2011. U.S. Secretary of State Hillary Clinton outlines a U.S. “pivot” to Asia. Clinton’s call for “increased investment—diplomatic, economic, strategic, and otherwise—in the Asia-Pacific region” is seen as a move to counter China’s growing clout. • December 2011. U.S. President Barack Obama announces the United States and eight other nations have reached an agreement on the Trans-Pacific Partnership later announces plans to deploy 2,500 marines in Australia, prompting criticism from Beijing. • November 2012. China’s New Leadership. Xi Jinping replaces Hu Jintao as president, Communist Party general secretary, and chairman of the Central Military Commission. Xi delivers a series of speeches on the “rejuvenation” of China. • June 2013. U.S. President Barack Obama hosts Chinese President Xi Jinping for a “shirt-sleeves summit” • May 19, 2014. A U.S. court indicts five Chinese hackers, allegedly with ties to China’s People’s Liberation Army, on charges of stealing trade technology from U.S. companies. • November 12, 2014. Joint Climate Announcement. Barack Obama and Chinese President Xi Jinping issue a joint statement on climate change, pledging to reduce carbon emissions. (which very conveniently allows the quotas to fall and save pride for Xi). • 2015. China drops the export quotas because in 2014, the WTO ruled against China. • May 30, 2015 U.S. Warns China Over South China Sea. (China is trying to expand it's buffer zone to build a defense for the coming war). • January 2016. The government to abolish the one-child policy, now allowing all families to have two children. • February 9, 2017. Trump Affirms One China Policy After Raising Doubts. • April 6 – 7, 2017. Trump Hosts Xi at Mar-a-Lago. Beijing and Washington to expand trade of products and services like beef, poultry, and electronic payments, though the countries do not address more contentious trade issues including aluminum, car parts, and steel. • November 2017. President Xi meets with President Trump in another high profile summit. • March 22, 2018. Trump Tariffs Target China. The White House alleges Chinese theft of U.S. technology and intellectual property. Coming on the heels of tariffs on steel and aluminum imports, the measures target goods including clothing, shoes, and electronics and restrict some Chinese investment in the United States. • July 6, 2018 U.S.-China Trade War Escalates. • September 2018. Modifications led to the exclusion of rare earths from the final list of products and they consequently were not subject to import tariffs imposed by the US government in September 2018. • October 4, 2018. Pence Speech Signals Hard-Line Approach. He condemns what he calls growing Chinese military aggression, especially in the South China Sea, criticizes increased censorship and religious persecution by the Chinese government, and accuses China of stealing American intellectual property and interfering in U.S. elections. • December 1, 2018. Canada Arrests Huawei Executive. • March 6, 2019. Huawei Sues the United States. • March 27 2019. India and the US signed an agreement to "strengthen bilateral security and civil nuclear cooperation" including the construction of six American nuclear reactors in India • May 10, 2019. Trade War Intensifies. • August 5, 2019. U.S. Labels China a Currency Manipulator. • November 27, 2019. Trump Signs Bill Supporting Hong Kong Protesters. Chinese officials condemn the move, impose sanctions on several U.S.-based organizations, and suspend U.S. warship visits to Hong Kong. • January 15, 2020. ‘Phase One’ Trade Deal Signed. But the agreement maintains most tariffs and does not mention the Chinese government’s extensive subsidies. Days before the signing, the United States dropped its designation of China as a currency manipulator. • January 31, 2020. Tensions Soar Amid Coronavirus Pandemic. • March 18, 2020. China Expels American Journalists. The Chinese government announces it will expel at least thirteen journalists from three U.S. newspapers—the New York Times, Wall Street Journal, and Washington Post—whose press credentials are set to expire in 2020. Beijing also demands that those outlets, as well as TIME and Voice of America, share information with the government about their operations in China. The Chinese Foreign Ministry says the moves are in response to the U.S. government’s decision earlier in the year to limit the number of Chinese journalists from five state-run media outlets in the United States to 100, down from 160, and designate those outlets as foreign missions. And here we are. You may have noticed the Rare Earth Elements and the inclusion of Environmental Standards. Yes these are key to understanding the Geopolitical reality and importance of these events. There's a reason the one child policy stopped. Troop additions. I believe our current political reality started at Tiananmen square. The protests were an American sponsored attempt at regime change after the failure to convince them to leave totalitarian communism and join a greater political framework. Do I have proof? Yes. China, as far as I'm concerned, was responsible for the 2008 economic crisis. The Rare Earth Elements were an attempt to weaken the States and strengthen themselves simultaneously. This stranglehold either forced America to trade with China, or the trade was an American Trojan horse to eventually collapse their economy and cause a revolution after Tiananmen Square failed. Does my second proposal sound far fetched? Didn't the economy just shut down in response to the epidemic? Aren't both sides blaming the other? At this POINT, the epidemic seems to be overstated doesn’t it? Don't the casualties tend to the elder demographic and those already weakened by a primary disease? Exactly the kinds who wouldn't fight in a war. Does this change some of my views on the possibility of upcoming catastrophes and reasons for certain events? No. This is Chess, and there are obvious moves in chess, hidden moves in chess, but the best moves involve peices which can be utilized in different ways if the board calls for it. Is all what it seems? No. I definitely changed a few previously held beliefs prior to today, and I would caution you in advance that you will find some previously held convictions challenged. After uncovering what I did today, I would also strongly suggest reading information cautiously. This is all merely a culmination of ending the cold war, and once I have events laid out, you will see it as well. At this moment, the end analysis is a war will start in the near future. This will be mainly for a few reasons, preemptive resource control for water and crops, population reduction can be achieved since we have too many people, not enough jobs, and upcoming resource scarcity. Did you notice my omission of rare earth elements? This is because of Afghanistan. I would wager China or Russia is somehow supporting the continued resistance through Iran. But events are now accelerating with China because the western collation has already begun to build up their mines and start production. Do you remember when Trump made a "joke" about buying Greenland? Yeah. It turns out that Greenland has one of the largest rare earth mineral deposits on the planet. Take care. Be safe. Stay aware and be prepared. This message not brought to you by the Bill and Melinda Gates Foundation, Microsoft, Google, Facebook, Elon Musk, Blackrock, Vangaurd, the Rockefeller Foundation, Rand Corporation, DARPA, Rothschilds, Agenda 21, Agenda 30, and ID 2020.
The date was June 10, 2018. The sun was shining, the grass was growing, and the birds were singing. At least, that’s what I assumed. Being a video game and tech obsessed teenager, I was indoors, my eyes glued to my computer monitor like a starving lion spying on a plump gazelle. I was watching the E3 (Electronic Entertainment Expo) 2018 broadcast on twitch.com, a popular streaming website. Video game developers use E3 as an annual opportunity to showcase any upcoming video game projects to the public. So far, the turnout had been disappointing. Much to my disappointment, multiple game developers failed to unveil anything of actual sustenance for an entire two hours. A graphical update here, a bug fix there. Issues that should have been fixed at every game’s initial launch, not a few months after release. Feeling hopeless, I averted my eyes from my computer monitor to check Reddit (a social media app/website) if there were any forum posts that I had yet to see. But then, I heard it. The sound of music composer Mick Gordon’s take on the original “DooM” theme, the awesome combination of metal and electronic music. I looked up at my screen and gasped. Bethesda Softworks and id software had just announced “DOOM: Eternal”, the fifth addition in the “DooM” video game series. “DOOM: Eternal” creative director Hugo Martin promised that the game would feel more powerful than it’s 2016 predecessor, there would be twice as many enemy types, and the doom community would finally get to see “hell on earth”. (Martin) As a fan of “DOOM (2016)”, I was ecstatic. The original “DooM” popularized the “First Person Shooter (FPS)” genre, and I wished I wouldn’t have to wait to experience the most recent entry in the series. “DOOM(1993)” was a graphical landmark when it originally released, yet nowadays it looks extremely dated, especially compared to “DOOM: Eternal”. What advancements in computer technology perpetuated this graphical change? Computers became faster, digital storage increased, and computer peripherals were able to display higher resolution and refresh rates. “DooM” 1993 graphics example: 📷(Doom | Doom Wiki) “DOOM: Eternal” graphics example: 📷 (Bailey) In their video “Evolution Of DOOM”, the video game YouTube Channel “gameranx” says that on December 10, 1993, a file titled “DOOM1_0.zip” was uploaded on the File Transfer Protocol (FTP) server of the University of Wisconsin. This file, two megabytes in size, contained the video game “DooM” created by the game development group “id Software”. (Evolution of DOOM) While not the first game in the “First Person Shooter” (FPS) genre, “DooM” popularized the genre, to the point of any other FPS game being referred to as a “Doom Clone” until the late 1990s. (Doom clones | Doom Wiki) The graphics of the original “DooM” is definitely a major downgrade compared to today’s graphical standards, but keep in mind that the minimum system requirements of “DooM”, according to the article “Doom System Requirements” on gamesystemrequirements.com, was eight megabytes of ram, an Intel Pentium or AMD (Advanced Micro Devices) Athlon 486 processor cycling at sixty-six megahertz or more, and an operating system that was Windows 95 or above. (Doom System Requirements) In case you don’t speak the language of technology (although I hope you learn a thing or two at the end of this essay), the speed and storage capacity is laughable compared to the specifications of today. By 1993, the microprocessor, or CPU (Central Processing Unit) had been active for the past twenty-two years after replacing the integrated circuit in 1971, thanks to the creators of the microprocessor, Robert Noyce and Gordon Moore who were also the founder of CPU manufacturer “Intel”. Gordon Moore also created “Moore’s law”, which states “The number of transistors incorporated in a chip will approximately double every 24 months”. (Moore) Sadly, according to writer and computer builder Steve Blank in his article “The End of More - The Death of Moore’s Law”, this law would end at around 2005, thanks to the basic laws of physics. (Blank) 1993 also marked an important landmark for Intel, who just released the first “Pentium” processor which was capable of a base clock of 60 MHz (megahertz). The term “base clock” refers to the default speed of a CPU. This speed can be adjusted via the user’s specifications, and “MHz” refers to one million cycles per second. A cycle is essentially one or more problems that the computer solves. The more cycles the CPU is running at, the more problems get solved. Intel would continue upgrading their “Pentium” lineup until January 4, 2000 when they would release the “Celeron” processor, with a base clock of 533 MHz. Soon after, on June 19, 2000, rival CPU company AMD would release their “Duron” processor which had a base clock of 600 MHz, with a maximum clock of 1.8 GHz (Gigahertz). One GHz is equal to 1,000 MHz. Intel and AMD had established themselves as the two major CPU companies in the 1970s in Silicon Valley. Both companies had been bitter rivals since then, trading figurative blows in the form of competitive releases, discounts, and “one upmanship” to this day. Moving on to April 21, 2005 when AMD released the first dual-core CPU, the “Athlon 64 X2 3800+”. The notable feature of this CPU, besides a 2.0 GHz base clock and a 3.8 maximum clock, was that it was the first CPU to have two cores. A CPU core is a CPU’s processor. The more cores a CPU has, the more tasks it can perform per cycle, thus maximizing it’s efficiency. Intel wouldn’t respond until January 9, 2006, when they released their dual-core processor, the “Core 2 Duo Processor E6320”, with a base clock of 1.86 GHz. (Computer Processor History) According to tech entrepreneur Linus Sebastian in his YouTube videos “10 Years of Gaming PCs: 2009 - 2014 (Part 1)” and “10 Years of Gaming PCs: 2015 - 2019 (Part 2)”, AMD would have the upper hand over Intel until 2011, when Intel released the “Sandy Bridge” CPU microarchitecture, which was faster and around the same price as AMD’s current competing products. (Sebastian) The article “What is Microarchitecture?” on the website Computer Hope defines microarchitecture as “a hardware implementation of an ISA (instruction set architecture). An ISA is a structure of commands and operations used by software to communicate with hardware. A microarchitecture is the hardware circuitry that implements one particular ISA”. (What is Microarchitecture?) Microarchitecture is also referred to as what generation a CPU belongs to. Intel would continue to dominate the high-end CPU market until 2019, when AMD would “dethrone” Intel with their third generation “Ryzen” CPU lineup. The most notable of which being the “Ryzen 3950x”, which had a total of sixteen cores, thirty-two threads, a base clock of 3.5 GHz, and a maximum clock of 4.7 GHz. (Sebastian) The term “thread” refers to splitting one core into virtual cores, via a process known as “simultaneous multithreading”. Simultaneous multithreading allows one core to perform two tasks at once. What CPU your computer has is extremely influential for how fast your computer can run, but for video games and other types of graphics, there is a special type of processor that is designed specifically for the task of “rendering” (displaying) and generating graphics. This processor unit is known as the graphics processing unit, or “GPU”. The term “GPU” wasn’t used until around 1999, when video cards started to evolve beyond the literal generation of two-dimensional graphics and into the generation of three-dimensional graphics. According to user “Olena” in their article “A Brief History of GPU”, The first GPU was the “GeForce 256”, created by GPU company “Nvidia'' in 1999. Nvidia promoted the GeForce 256 as “A single-chip processor with integrated transform, lighting, triangle setup/clipping, and rendering engines that is capable of processing a minimum of 10 million polygons per second”. (Olena) Unlike the evolution of CPUs, the history of GPUs is more one sided, with AMD playing a game of “catchup” ever since Nvidia overtook AMD in the high-end GPU market in 2013. (Sebastian) Fun fact, GPUs aren’t used only for gaming! In 2010, Nvidia collaborated with Audi to power the dashboards and increase the entertainment and navigation systems in Audi’s cars! (Olena) Much to my (and many other tech enthusiasts), GPUs would increase dramatically in price thanks to the “bitcoin mania” around 2017. This was, according to senior editor Tom Warren in his article “Bitcoin Mania is Hurting PC Gamers By Pushing Up GPU Prices'' on theverge.com, around an 80% increase in price for the same GPU due to stock shortages. (Warren) Just for context, Nvidia’s “flagship” gpu in 2017 was the 1080ti, the finest card of the “pascal” microarchitecture. Fun fact, I have this card. The 1080ti launched for $699, with the specifications of a base clock of 1,481 MHz, a maximum clock of 1,582 MHz, and 11 gigabytes of GDDR5X Vram (Memory that is exclusive to the GPU) according to the box it came in. Compare this to Nvidia’s most recent flagship GPU, the 2080ti of Nvidia’s followup “Turing” microarchitecture, another card I have. This GPU launched in 2019 for $1,199. The 2080ti’s specifications, according to the box it came in included a base clock of 1,350 MHz, a maximum clock of 1,545 MHz, and 11 gigabytes of GDDR6 Vram. A major reason why “DooM” was so popular and genius was how id software developer John Carmack managed to “fake” the three-dimensional graphics without taking up too much processing power, hard drive space, or “RAM” (Random access memory), a specific type of digital storage. According to the article “RAM (Random Access Memory) Definition” on the website TechTerms, Ram is also known as “volatile” memory, because it is much faster than normal storage (which at the time took the form of hard-drive space), and unlike normal storage, only holds data when the computer is turned on. A commonly used analogy is that Ram is the computer’s short-term memory, storing temporary files to be used by programs, while hard-drive storage is the computer’s long term memory. (RAM (Random Access Memory) Definition) As I stated earlier, in 1993, “DooM” required 8 megabytes of ram to run. For some context, as of 2020, “DOOM: Eternal” requires a minimum of 8 gigabytes of DDR4 (more on this later) ram to run, with most gaming machines possessing 16 gigabytes of DDR4 ram. According to tech journalist Scott Thornton in his article “What is DDR (Double Data Rate) Memory and SDRAM Memory”, in 1993, the popular format of ram was “SDRAM”. “SDRAM” stands for “Synchronous Dynamic Random Access Memory”. SDRAM differs from its predecessor, “DRAM” (Dynamic Random Access Memory) by being synchronized with the clock speed of the CPU. DRAM was asynchronous (not synchronized by any external influence), which “posted a problem in organizing data as it comes in so it can be queued for the process it’s associated with”. SDRAM was able to transfer data one time per clock cycle, and it’s replacement in the early 2000s, “DDR SDRAM” (Dual Data Rate Synchronous Dynamic Random Access Memory) was able to transfer data two times per clock cycle. This evolution of ram would continue to this day. In 2003, DDR2 SDRAM was released, able to transfer four pieces of data per clock cycle. In 2007, DDR3 SDRAM was able to transfer eight pieces of data per clock cycle. In 2014, DDR4 SDRAM still was able to transfer eight pieces of data per cycle, but the clock speed had increased by 600 MHz, and the overall power consumption had been reduced from 3.3 volts for the original SDRAM to 1.2 volts for DDR4. (Thornton)The digital size of each “ram stick” (a physical stick of ram that you would insert into your computer) had also increased, from around two megabytes per stick, to up to 128 gigabytes per stick (although this particular option will cost you around $1,000 per stick depending on the manufacturer) in 2020, although the average stick size is 8 gigabytes. For the average computer nowadays, you can insert up to four ram sticks, although for more high-end systems, you can insert up to sixteen or even thirty-two! Rewind back to 1993, where the original “DooM” took up two megabytes of storage, not to be confused with ram. According to tech enthusiast Rex Farrance in their article “Timeline: 50 Years of Hard Drives”, the average computer at this time had around two gigabytes of storage. Storage took the form of magnetic-optical discs, a combination of the previous magnetic discs and optical discs. (Farrance) This format of storage is still in use today, although mainly for large amounts of rarely used data, while data that is commonly used by programs (including the operating system) is put on solid-state drives, or SSDs. According to tech journalist Keith Foote in their article “A Brief History of Data Storage”, SSDs differed from the HDD by being much faster and smaller, storing data on a flash memory chip, not unlike a USB thumb drive. While SSDs had been used as far back as 1950, they wouldn’t find their way into the average gaming machine until the early 2010s. (Foote) A way to think about SSDs is common knowledge. It doesn’t contain every piece of information you know, it just contains what you use on a daily basis. For example, my computer has around 750 gigabytes of storage in SSDs, and around two terabytes of internal HDD storage. On my SSDs, I have my operating system, my favorite programs and games, and any files that I use frequently. On my HDD, I have everything else that I don’t use on a regular basis. “DOOM: Eternal” would release on March 20, 2020, four months after it’s original release date on November 22, 2019. And let me tell you, I was excited. The second my clock turned from 11:59 P.M. to 12:00 A.M., I repeatedly clicked my refresh button, desperately waiting to see the words “Coming March 20” transform into the ever so beautiful and elegant phrase: “Download Now”. At this point in time, I had a monitor that was capable of displaying roughly two-million pixels spread out over it’s 27 inch display panel, at a rate of 240 times a second. Speaking of monitors and displays, according to the article “The Evolution of the Monitor” on the website PCR, at the time of the original “DooM” release, the average monitor was either a CRT (cathode ray tube) monitor, or the newer (and more expensive) LCD (liquid crystal display) monitor. The CRT monitor was first unveiled in 1897 by the German physicist Karl Ferdinand Braun. CRT monitors functioned by colored cathode ray tubes generating an image on a phosphorescent screen. These monitors would have an average resolution of 800 by 600 pixels and a refresh rate of around 30 frames per second. CRT monitors would eventually be replaced by LCD monitors in the late 2000s. LCD monitors functioned by using two pieces of polarized glass with liquid crystal between them. A backlight would shine through the first piece of polarized glass (also known as substrate). Electrical currents would then cause the liquid crystals to adjust how much light passes through to the second substrate, which creates the images that are displayed. (The Evolution of the Monitor) The average resolution would increase to 1920x1080 pixels and the refresh rate would increase to 60 frames a second around 2010. Nowadays, there are high end monitors that are capable of displaying up to 7,680 by 4,320 pixels, and also monitors that are capable of displaying up to 360 frames per second, assuming you have around $1,000 lying around. At long last, it had finished. My 40.02 gigabyte download of “DOOM: Eternal” had finally completed, and oh boy, I was ready to experience this. I ran over to my computer, my beautiful creation sporting 32 gigs of DDR4 ram, an AMD Ryzen 7 “3800x” with a base clock of 3.8 GHz, an Nvidia 2080ti, 750 gigabytes of SSD storage and two terabytes of HDD storage. Finally, after two years of waiting for this, I grabbed my mouse, and moved my cursor over that gorgeous button titled “Launch DOOM: Eternal”. Thanks to multiple advancements in the speed of CPUs, the size of ram and storage, and display resolution and refresh rate, “DooM” had evolved from an archaic, pixelated video game in 1993 into the beautiful, realistic and smooth video game it is today. And personally, I can’t wait to see what the future has in store for us.
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Bovada has been adding to an on the internet pc gaming experience because 2011, far better than anyone. Bets are taken down in the cross-functional sportsbook, Face publication, in the casino poker spaces or land gambling enterprises, are after that placed to retreat. Gamers have enjoyment as well as convenience and enjoy pleasing betting experience. Bovada has become a name in gambling web sites using poker, casino, poker and wagering in sporting activities as well as steed racing, and also one can count on. It can be a centralized location for on-line gaming, as it is taking sporting activities bettors near acting along with being secure and also fast. This is a pleasant site.
This on-line betting site is run from Australia, Canada and also the United States. It was released in 2014 as well as is handled by BeOnSports former heads. This website put forward sports betting, games and race betting. The site allured customers via radio advertising campaigns and the internet. It ended up being a repeating sponsor for ESPN radio programs. Live wagering qualities provides the users to put a bet on a video game already in progress. In-play gambling borders essential soccer, tennis, hockey events. Live casino licenses consumers to enjoy preferred table games while they can chat with other users or suppliers during the game via online video streaming.
InterTops is adding to the pc gaming market by giving contentious chances and also outstanding favours. The firm is setting the highest requirements for the pc gaming industry. It is the globe's significant site for wagering and also on the internet gaming. This website is prancing its customer count in over 180 nations. Five hundred million dollars have actually been paid to the successful individuals around the world. This business is a well-reputed and also reliable source for the on the internet video gaming experience. In any location of on the internet pc gaming, InterTops use modern technology which adds to the enjoyment and pleasure. InterTops site is using 23 techniques. It has actually been placed 36,908 among sites because of 1,518,293 month-to-month site visitors.
This firm, structured in 1994, is an inconspicuously operated on the internet gaming company offering to bet on online sporting activities, derby and also gaming. Your internet browser can be utilized for on spot video gaming. BetUs runs a mobile programme, m.betus.com. Gamers can check out the on the internet gambling establishment on the mobile website as well can give up their sports wagers. It additionally provides real-time betting. This feature is adjourned during damaging moments and also is resumed in a safe environment.
As mentioned by Alexa.com, the second most seen website in Nigeria is Bet9ja. This website uses to bet on prime sport events held in Nigeria. It was inaugurated in 2013. Consumers go to the site for high-rank odds on football and to experience best online wagering solution. It was founded as an offline pc gaming platform versus various other online systems. Bet9ja got a superior action in the first 3 years of operation accompanied by a substantial turnover. The Bet9ja group is constantly enhancing the site by adding up to date as well as interesting features to the website. It earns millions of Naira every year. This website is approved as well as insured under the Lagos State lottery game board. In 2015, Bet9ja was the executive sponsor for Nigeria's Women's Football League.
Hi, FOLLOWER ORGANIZATION exists users with social football experience by giving a platform for the fans where they can connect and engage. Every weekend the participants need to prophesize the end result of English football suits. Competitions can be held between close friends, competence, or the on the internet community and rewards are paid in cash money. This job, includes growth for web, iphone and also Android, was created by Tallium for a Swedish based company. Besides, being a wagering platform as well as reward earning website, this site brings the football neighborhood together. FAN ORGANIZATION mixes the betting with the social structure, which supplies the individuals with an enjoyable gaming understanding. Betting on online games is supplied, as well as the profits are upgraded with every goal that is racked up. At the end of the match, users can see which of their forecasts were exact or off-target. The application also apprises concerning the most up to date football information as well as expertise prognosis on the social feed. Customers can produce leagues as well as evaluate their skills against other participants. The gamers are allowed to attach and also talk using public conversations. FAN LEAGUE choose the professionals, users can get assist from them, as well as they likewise suggest just how to place an effective wager.
3et is among the brand new software application giving a sole betting service. Bettors are designated totally free as well as safe strategy to the wagering market. Arrangements and accepted wagers are all done by 3et without any voidness. A significant platform is offering the highest possible limitations and most exceptional odds for sporting activities betting. 3et has a method to all vital bookies and also exchanges. 3et advanced half time and edge wagers for football. This website offers individuals one of the most successful betting experience. They mention to be the best as well as purchasers will be so happy they will never need any other sportsbook.3 et belongs to Eurasia sporting activities restricted. They assure open accessibility to their deals without charging the players any kind of commission. This site is easy to use still suffices to catch specialist acknowledgment. Utilizing the 3et app customers can access the bets from anywhere around the globe. It is only obtainable in the English language. Lowest cost bets can be launched at 1 Euro, and when customers obtain the on specifying the occasion, the ultimate price is presented on the slip.
Betsat is the current name in the betting market that is established in Turkey. It tries to draw customers from Europe and various other continents and attempting to convince them that the website is adventitious. This company faces significant competition from within the country as well as from the claimed European wagerers. Betsat is ingrained in Turkey, being on the go amongst Turkish players and proudly highlights its viewers. They use multilingual aid to the customers, as well as the web site can additionally be translated in German, Spanish and also English to make sure. This website recommends an indiscriminate blend of sporting activities to draw in Turkish as well as European customers. Football and also basketball are uniformly famed in Turkey as well as around the continent which magnifies the popularity of the website. When it comes round live betting, the site offers to bet on tennis, football basketball after the game has actually begun.
Rooted in Malaysia, INFINIWIN is the leading online betting workshop. This rejuvenating brand largely concentrates on texas hold'em and also other table gaming products. INFINIWIN provides a remarkably good value of premium video gaming products. They ensure that the individuals are going to get the noticeably superior wagering experience. This website has a superior team aiding the clients as well as assisting the individuals in various languages.
MAXBET is currently leading the video gaming industry in Central as well as Eastern parts of Europe with a quickly raising energy. This business is at the forefront of Europe's betting industry following its tactical partnership with Italian lotto game monster Lottomatica. Enthusiastic clients are offered numerous fortunate possibilities for winning at gambling establishments, wagering games and vending machine. Events are arranged on a regular as well as month-to-month basis. MAXBET guarantees that consumers rely on them for a risk-free as well as safe and secure gaming domain name.
Betland.com is a well-reputed bookie that runs online and by means of mobile in Nigeria. After its relaunch, it has ended up being even faster and well organized. Odds and also betting lines are used on a series of sporting activities which are just as popular in Nigeria and also other countries as well. Betting supplies on some considerable sporting activities occasions outside Nigeria gives a worldwide personality to the website. Betland aims to provide its services to all groups of bettors neglecting their financial condition.
BETSSON uses tradition for gambling, online casino bingo and also sports wagering. This company has actually stemmed from Sweden. It works through 20+ brand names that give video gaming items. This firm financial resources as well as handles the on-line pc gaming business. BETSSON intends to surmount the pc gaming sector in practical manners, although it is among the topmost in Europe.
Operating given that 1996, PARIMATCH has actually turned into a worldwide video gaming website. They state themselves among the leaders of the video gaming sector and so are always anticipating improving the top quality and automation and also adding to the events daily, stats and evaluation are provided night and day. Users are provided to bank on 20+ sports in above 60 nations along with 200 organizations as well as greater than 600 sporting activities occasions.
This is a European business established in 1999. It was released online in March 2000. Initially, it was rotated to on the internet sporting activities wagering, however it was redesigned with the launch of on-line casino site and also after that the system for playing poker. Different betting options are used on sporting occasions as sports scheduling is the website's main dish.
This gambling firm, based in Malta, has actually revealed exceptional growth given that 1995. With a selection of on-line video gaming options, land-based stores are also established. TIPBET sustains wagering and also odds on all primary sporting activities occasions and likewise holds a terrific range of gambling establishment video games.
A fresh bookmaker taken part in sports wagering, specifically in the UK as well as America is named RedZone Sports. The site is highly in cognition with as well as also possessed by the Spotnation bookies. Argyll Amusement AG. Attacking the gaming sector in 2017, this fresh bookie reveals wonderful rate of interest in America's sportsbooks. The website is regulated by The Gaming Commission, a highly suggested global gambling authority, and this assures the user that the cash they are investing is safe and also secured. With a considerable focus on games like United States football, baseball as well as hoops, this internet site consigns helpful odds on several sporting activities. It is possible for the individual to play online or In-play alternatives are likewise available. This website gives the individual an authentic wagering experience by providing large-scale hypothesizing markets.
Casino poker celebrity, very acquainted as well as honoured on-line texas hold'em service provider, spin-offs the Betstars website. The website is visited consistently by countless consumers who are intended to seek satisfaction from all the on-line alternatives the website gives. This substantial number of punters seeing the site has actually helped the site being deemed as one of the most rated bookies around the globe.
Malta video gaming authority supervises of synchronizing PWR wager, a just recently added mobile-friendly bookmaker site. This site was presented in 2018. This site exceedingly advertises via its application, however as being an Android app, it is unfeasible for the people utilizing the apple iphone. Among others, this site provides betting on the derby, football as well as additionally sustains E-Sports wagering.
MyMoPlay collaborates with Manchester United along with Watford FC. The business has actually been taken down by IBAS, which forefronts its dependence as a good pc gaming system. Customers can locate a large series of sports to bet on. It also introduced its app for the best online experience in sports wagering.
RoBet established foot into the European on-line bookie market in 2019. Government of Curacao oversees the site guaranteeing that it goes along with honest implementation of sporting activities scheduling. The customers can confide in them for leisure ventures.
Jetbull was founded in 2007. This site is secondary to OddsMatrix. Different languages are passed on the internet site. The site has ingrained markets in football, supplying countless chances yet is concentrated constrained to concentrate on US players.
Luckybet uses open chances for European, Canadian players and likewise gamers from New Zealand. Abundant gaming choices as well as rewards as well as the contemporary website design includes in the impact the site has on gamblers and punters. Many online internet sites attempt to reproduce their articulation.
Redbet, a premier online casino brand name intervened in the on theinternet sporting activities reserving industry. This site was produced in 2002 with a mission of producing fun for the individual by attracting them to the website by supplying successful chances. It is a well-reputed website where the gamer's joy is the initial issue.
FonBet was introduced previously in 2002. This site is a Russian bookie site. Russia as well as Eastern Europe birth a substantial number of participants of FonBet. This bookie is certified in Curacao. Therefore the certificate, the site detains, UK as well as UNITED STATES consumers are limited from making use of the on-line bookie.
ComeOn became a brand-new bookie website in 2009. It is a secondary firm of Co-Gaming Limited. Malta Pc gaming Authority administrates the site. To operate in the UK, they are accredited from the UK Gambling Compensation. Markets of Scandinavia are the prime focus of the site.
Marathonbet was acknowledged in 1997 as a self -reliant bookmakers site. It is run by Panbet Limited, a firm that is in charge of running retail barters in the UK. This bookmaker website is deeply committed towards the UK members although it is well-reputed worldwide
It is hosting the tremendous variety of sporting competitions regarding greater than 14,000, this site is a significant on-line bookie and has a superb great deal of customers around the continent. Besides offering various high-grade sportsbook events, it designates the players assurance with the modern technology that is comparable to Europe's safety criteria.
This is the primary and the most relied on the site of India. It is an on the internet showing off occasion betting site. The web site is amazing as well as uses straightforward expression. Individuals can select BetBarter versus their competitor whenever. The bargains made by BetBarter protrude the marketplace. BetBarter likewise inspects the internet sites which provide fast payments and also various other feasible means of withdrawals.
Bodog888 is recognized to be a participant of the world-famous gambling enterprise Bodog and is sometimes acknowledged as Bodog Asia. This site gives a huge range of moral online casino and also texas hold'em wagering. It also involves Oriental bettors by sporting activities reserving. This site has gained the distinction by offering the very best performance as well as illustratory attributes. The website supplies the best aid and also rewards.
Arised from Asia in 2016, BetEast asserts to be the most effective expanding wagering brand name. This business offers a substantial range of eSports solutions, casino site and live wagering as well as values subscriptions from worldwide. Its emphasis is to make a dash out there of Europe. The simplicity of the website format hits the customer instantly. The company has a substantial interest in the UK Betting markets. The site offers a comprehensive betting experience with giving a substantial number of on-line port video games.
This company arised in 1999 later on releasing its website in March 2000. It soon became a supply firm and was provided at the stock market. This website is a credible sponsor for worldwide game events. It supplies betting odds on prominent gaming occasions. Followed by more than 4 million customers, it has become one of a kind sports scheduling site in Europe. All the info regarding the wagers placed as well as payouts are offered on their site.
This website offers important odds on pc gaming and also horse racing. The website is compatible with mostly all mobile devices. The website has a substantial collection of slot video games and gambling enterprises for the customers. It additionally features a live gambling establishment with single and multiplayer choices. The website likewise aids the individuals through live Chat.
It is a little gambling establishment on account of the gathered earnings, yet is taken into consideration a hot area. This internet site is readily available in a range of languages. Live betting games are readily available with different payment methods. Live Conversation is not open 24/7 that is somewhat a drawback to the website.
This bookie website, established in 2014, emerges from Australia giving online betting and sporting activities remedies to the clients. This site is a subsidiary of The Celebrity Team. This website formally funds the Australian Football Organization.
This is a South African bookies website established in 2008. The website captivates clients from around the continent. In addition to offering considerable betting games collection online, this site runs 50 land-based stores in Africa. The arrangement with EFC includes in the compatibility of the website.
As opposed to the suitable bookies, Casinia wagered offers fewer choices for online betting as well as video gaming occasions. Still, the considerable contests are offered proper coverage that makes it challenging for the punters to separate between the leading bookies and also CasinoBet sportsbooks.
This is a leading online video gaming website as well as online pc gaming. This website amplifies your exhilaration and gives you with a pleasurable experience with its thrilling wagering system. Customers can challenge themselves and also others with day-to-day and regular promotions.
This site interacts with a large range of video gaming markets. This website supports bitcoins which includes in the variety of individuals around the world. This website has gained significant repute quickly by providing high odds on numerous betting games. It gives its clients with appreciable services.
This is a legally run business in Greece and also declares to satisfy also one of the most requiring clients This is website offers you to bet on above 11,000 sports events taking place on a monthly basis. The site likewise offers excellent probabilities with low price margins to its valuable consumers.
This site is greatly giving a greatly favorable experience to its customers. It is dealt with by passionate staff member intending to offer an outstanding service to the punters. More than 20 sports are available for live betting at this reservation website.
This website is very recommended for scheduling on competition. They supply great recurring offers together with other recognized promos. This is a powerful yet well-assisting platform for on-line betting as well as sportsbooking.
Wager at Home
Bet-at-home is the certified bookie based in Malta and also Austria. Their company went on expanding with the discussion of an on the internet gambling establishment in 2005. They later on developed into a supply partnership and also in 2009 became a part of the Betclic Everest Team. Their management centre is currently at Portomaso Business Tower in Malta as well as is accredited and controlled by the Malta Gambling Payment.
It is just one of the earliest name present in the field of on the internet sporting activities betting, having actually grabbed popularity amongst customers given that its facility right around ten years in the past. Authorized by the UK Gaming Commission, it is just one of the most relied on on-line betting sites available.
One Hash is already the market head in wagering all over the world, with a huge variety of clients in many countries. Their wagering deals pre-competition or online wagering is very broad. Additionally, this manager communicates its online gushing TELEVISION terminal, countless pc gaming competitors.
On a remarkable assortment of video games, a vast array of wagers are used by bookmakers, which are determined based on chance. By wagering on these unique possibilities, a bettor can get money on rewarding wagers. It is consistently the situation that the very best online wagering sites for sports will be those that use the very best prospective benefits.
Imagine if there was one desk that all stories could cross so that, at 4am, a media plan could be decided upon and disseminated where all news outlets coordinated to set the goalposts of debate and hyper focused on specific issues to drive a narrative to control how you vote and how you spend money; where Internet shills were given marching orders in tandem to what was shown on television, printed in newspapers and spread throughout articles on the World Wide Web. https://i.imgur.com/Elnci0M.png In the past, we had Operation Mockingbird, where the program was supremely confident that it could control stories around the world, even in instructions to cover up any story about a possible “Yeti” sighting, should it turn out they were real. https://i.imgur.com/121LXqy.png If, in 1959, the government was confident in its ability to control a story about a Yeti, then what is their level of confidence in controlling stories, today? https://i.imgur.com/jQFVYew.png https://i.imgur.com/ZKMYGJj.png In fact, we have a recent example of a situation similar to the Yeti. When Bill Clinton and Loretta Lynch met on the TARMAC to spike the Hillary email investigation, the FBI was so confident it wasn’t them, that their entire focus was finding the leaker, starting with searching within the local PD. We have documentation that demonstrates the state of mind of the confidence the upper levels of the FBI have when dealing with the media. https://i.imgur.com/IbjDOkI.png https://i.imgur.com/NH86ozU.png The marriage between mainstream media and government is a literal one and this arrangement is perfectly legal. https://i.imgur.com/OAd4vpf.png But, this problem extends far beyond politics; the private sector, the scientific community, even advice forums are shilled heavily. People are paid to cause anxiety, recommend people break up and otherwise sow depression and nervousness. This is due to a correlating force that employs “systems psychodynamics”, focusing on “tension centered” strategies to create “organizational paradoxes” by targeting people’s basic assumptions about the world around them to create division and provide distraction. https://i.imgur.com/6OEWYFN.png https://i.imgur.com/iG4sdD4.png https://i.imgur.com/e89Rx6B.png https://i.imgur.com/uotm9Cg.png https://i.imgur.com/74wt9tD.png In this day and age, it is even easier to manage these concepts and push a controlled narrative from a central figure than it has ever been. Allen & Co is a “boutique investment firm” that managed the merger between Disney and Fox and operates as an overseeing force for nearly all media and Internet shill armies, while having it’s fingers in sports, social media, video games, health insurance, etc. https://i.imgur.com/zlpBh3c.png https://i.imgur.com/e5ZvFFJ.png Former director of the CIA and Paul Brennan’s former superior George Tenet, holds the reigns of Allen & Co. The cast of characters involves a lot of the usual suspects. https://i.imgur.com/3OlrX7G.png
In 1973, Allen & Company bought a stake in Columbia Pictures. When the business was sold in 1982 to Coca-Cola, it netted a significant profit. Since then, Herbert Allen, Jr. has had a place on Coca-Cola's board of directors. Since its founding in 1982, the Allen & Company Sun Valley Conference has regularly drawn high-profile attendees such as Bill Gates, Warren Buffett, Rupert Murdoch, Barry Diller, Michael Eisner, Oprah Winfrey, Robert Johnson, Andy Grove, Richard Parsons, and Donald Keough. Allen & Co. was one of ten underwriters for the Google initial public offering in 2004. In 2007, Allen was sole advisor to Activision in its $18 billion merger with Vivendi Games. In 2011, the New York Mets hired Allen & Co. to sell a minority stake of the team. That deal later fell apart. In November 2013, Allen & Co. was one of seven underwriters on the initial public offering of Twitter. Allen & Co. was the adviser of Facebook in its $19 billion acquisition of WhatsApp in February 2014. In 2015, Allen & Co. was the advisor to Time Warner in its $80 billion 2015 merger with Charter Communications, AOL in its acquisition by Verizon, Centene Corporation in its $6.8 billion acquisition of Health Net, and eBay in its separation from PayPal. In 2016, Allen & Co was the lead advisor to Time Warner in its $108 billion acquisition by AT&T, LinkedIn for its merger talks with Microsoft, Walmart in its $3.3 billion purchase of Jet.com, and Verizon in its $4.8 billion acquisition of Yahoo!. In 2017, Allen & Co. was the advisor to Chewy.com in PetSmart’s $3.35 billion purchase of the online retailer.
Previous conference guests have included Bill and Melinda Gates, Warren and Susan Buffett, Tony Blair, Google founders Larry Page and Sergey Brin, Allen alumnus and former Philippine Senator Mar Roxas, Google Chairman Eric Schmidt, Quicken Loans Founder & Chairman Dan Gilbert, Yahoo! co-founder Jerry Yang, financier George Soros, Facebook founder Mark Zuckerberg, Media Mogul Rupert Murdoch, eBay CEO Meg Whitman, BET founder Robert Johnson, Time Warner Chairman Richard Parsons, Nike founder and chairman Phil Knight, Dell founder and CEO Michael Dell, NBA player LeBron James, Professor and Entrepreneur Sebastian Thrun, Governor Chris Christie, entertainer Dan Chandler, Katharine Graham of The Washington Post, Diane Sawyer, InterActiveCorp Chairman Barry Diller, Linkedin co-founder Reid Hoffman, entrepreneur Wences Casares, EXOR and FCA Chairman John Elkann, Sandro Salsano from Salsano Group, and Washington Post CEO Donald E. Graham, Ivanka Trump and Jared Kushner, and Oprah Winfrey.
https://i.imgur.com/VZ0OtFa.png George Tenet, with the reigns of Allen & Co in his hands, is able to single-handedly steer the entire Mockingbird apparatus from cable television to video games to Internet shills from a singular location determining the spectrum of allowable debate. Not only are they able to target people’s conscious psychology, they can target people’s endocrine systems with food and pornography; where people are unaware, on a conscious level, of how their moods and behavior are being manipulated. https://i.imgur.com/mA3MzTB.png
"The problem with George Tenet is that he doesn't seem to care to get his facts straight. He is not meticulous. He is willing to make up stories that suit his purposes and to suppress information that does not." "Sadly but fittingly, 'At the Center of the Storm' is likely to remind us that sometimes what lies at the center of a storm is a deafening silence."
https://i.imgur.com/YHMJnnP.png Tenet joined President-elect Bill Clinton's national security transition team in November 1992. Clinton appointed Tenet Senior Director for Intelligence Programs at the National Security Council, where he served from 1993 to 1995. Tenet was appointed Deputy Director of Central Intelligence in July 1995. Tenet held the position as the DCI from July 1997 to July 2004. Citing "personal reasons," Tenet submitted his resignation to President Bush on June 3, 2004. Tenet said his resignation "was a personal decision and had only one basis—in fact, the well-being of my wonderful family—nothing more and nothing less. In February 2008, he became a managing director at investment bank Allen & Company. https://i.imgur.com/JnGHqOS.png We have the documentation that demonstrates what these people could possibly be doing with all of these tools of manipulation at their fingertips. The term for it is “covert political action” for which all media put before your eyes is used to serve as a veneer… a reality TV show facade of a darker modus operandum. https://i.imgur.com/vZC4D29.png https://www.cia.gov/library/center-for-the-study-of-intelligence/kent-csi/vol36no3/html/v36i3a05p_0001.htm
It is now clear that we are facing an implacable enemy whose avowed objective is world domination by whatever means and at whatever costs. There are no rules in such a game. Hitherto acceptable norms of human conduct do not apply. If the US is to survive, longstanding American concepts of "fair play" must be reconsidered. We must develop effective espionage and counterespionage services and must learn to subvert, sabotage and destroy our enemies by more clever, more sophisticated means than those used against us. It may become necessary that the American people be made acquainted with, understand and support this fundamentally repugnant philosophy.
Intelligence historian Jeffrey T. Richelson says the S.A. has covered a variety of missions. The group, which recently was reorganized, has had about 200 officers, divided among several groups: the Special Operations Group; the Foreign Training Group, which trains foreign police and intelligence officers; the Propaganda and Political Action Group, which handles disinformation; the Computer Operations Group, which handles information warfare; and the Proprietary Management Staff, which manages whatever companies the CIA sets up as covers for the S.A.
…Those operations we inaugurated in the years 1955-7 are still secret, but, for present purposes, I can say all that’s worth saying about them in a few sentences – after, that is, I offer these few words of wisdom. The ‘perfect’ political action operation is, by definition, uneventful. Nothing ‘happens’ in it. It is a continuing arrangement, neither a process nor a series of actions proceeding at a starting point and ending with a conclusion.
CIA FBI NSA Personnel Active in Scientology: https://i.imgur.com/acu2Eti.png When you consider the number of forces that can be contained within a single “political action group” in the form on a “boutique investment firm,” where all sides of political arguments are predetermined by a selected group of actors who have been planted, compromised or leveraged in some way in order to control the way they spin their message. https://i.imgur.com/tU4MD4S.png The evidence of this coordinated effort is overwhelming and the “consensus” that you see on TV, in sports, in Hollywood, in the news and on the Internet is fabricated.
Under the guise of a fake account a posting is made which looks legitimate and is towards the truth is made - but the critical point is that it has a VERY WEAK PREMISE without substantive proof to back the posting. Once this is done then under alternative fake accounts a very strong position in your favour is slowly introduced over the life of the posting. It is IMPERATIVE that both sides are initially presented, so the uninformed reader cannot determine which side is the truth. As postings and replies are made the stronger 'evidence' or disinformation in your favour is slowly 'seeded in.' Thus the uninformed reader will most likely develop the same position as you, and if their position is against you their opposition to your posting will be most likely dropped. However in some cases where the forum members are highly educated and can counter your disinformation with real facts and linked postings, you can then 'abort' the consensus cracking by initiating a 'forum slide.'
When you find yourself feeling like common sense and common courtesy aren’t as common as they ought to be, it is because there is a massive psychological operation controlled from the top down to ensure that as many people as possible are caught in a “tension based” mental loop that is inflicted on them by people acting with purpose to achieve goals that are not in the interest of the general population, but a method of operating in secret and corrupt manner without consequences. Notice that Jeffrey Katzenberg, of Disney, who is intertwined with Allen & Co funds the Young Turks. He is the perfect example of the relationship between media and politics.
Katzenberg has also been involved in politics. With his active support of Hillary Clinton and Barack Obama, he was called "one of Hollywood's premier political kingmakers and one of the Democratic Party's top national fundraisers."
Last week, former DreamWorks Animation CEO Jeffrey Katzenberg’s new mobile entertainment company WndrCo was part of a $20 million funding round in TYT Network, which oversees 30 news and commentary shows covering politics, pop culture, sports and more. This includes the flagship “The Young Turks” program that streams live on YouTube every day. Other investors in the round included venture capital firms Greycroft Partners, E.ventures and 3L Capital, which led the round. This brings total funding for Young Turks to $24 million.
Hollywood activism long has been depicted as a club controlled by a handful of powerful white men: Katzenberg, Spielberg, Lear, David Geffen, Haim Saban and Bob Iger are the names most often mentioned. But a new generation of power brokers is ascendant, including J.J. Abrams and his wife, Katie McGrath, cited for their personal donations and bundling skills; Shonda Rhimes, who held a get-out-the-vote rally at USC's Galen Center on Sept. 28 that drew 10,000 people; CAA's Darnell Strom, who has hosted events for Nevada congresswoman Jacky Rosen and Arizona congresswoman Kyrsten Sinema; and former Spotify executive Troy Carter, who held three fundraisers for Maryland gubernatorial candidate Ben Jealous (Carter also was a fundraiser for President Obama).
Viacom, after splitting off from Les Moonves Les Moonves ' CBS , still holds Paramount Pictures, and that movie studio in December agreed to acquire DreamWorks SKG, the creative shop founded by the Hollywood triumvirate of Steven Spielberg, David Geffen and Jeffrey Katzenberg (a former exec at The Walt Disney Co.). DreamWorks Animation had been spun off into a separate company. Now it's time for Freston to make back some money--and who better to do a little business with than George Soros? The billionaire financier leads a consortium of Soros Strategic Partners LP and Dune Entertainment II LLC, which together are buying the DreamWorks library--a collection of 59 flicks, including Saving Private Ryan, Gladiator, and American Beauty.
Hi Bitcoiners! I’m back with the 27th monthly Bitcoin news recap. For those unfamiliar, each day I pick out the most popularelevant/interesting stories in Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month. A recap of Bitcoin in March 2019 Adoption
I'm trying to put together a list of what's coming out this year. Have this very simple list so far. Anyone care to add anything or suggest some better dates?
Latest News (most recent first) - Instant channels enable safe Lightning payments with unconfirmed funding Beta - Feb 10, 2019 - Voyager, New trading app from Uber & E-Trade execs announce launch date - Feb 9, 2019 - bumi/blockstream_satellite ruby gem for the Blockstream Satellite API - Feb 8, 2019 - New Zap Desktop 0.3.4 is out. New features, massive performance - Feb 8, 2019 - New release: @lightning desktop app v0.4.0-alpha - Feb 8, 2019 - valerio-vaccaro/Liquid-dashboard - Feb 7, 2019 - Japanese SBI Holdings will allow trading of coins - March 2019 - lnd v0.5.2-beta released - Feb 6, 2019 - Koala studios launches online LN gaming platform - Feb 6, 2019 - Independent Reserve has become the first #crypto exchange in Australia to be insured, with coverage underwritten by Lloyd's of London. - Feb 6, 2019 - Coinbase announces BTC support for their mobile (keep your own keys) wallet - Feb 6, 2019 - Blockstream published a new open source Proof of Reserves tool. - Feb 5, 2019 - RTL release v0.1.14-alpha - Feb 5, 2019 - dr-orlovsky/typhon-spec spec for new trestles side chain published - Feb 5, 2019 - Payment requests coming soon to BTCPay. - Feb 5th, 2019 - Kraken Acquires Futures Startup In Deal Worth At Least $100 Million - Feb 5th, 2019 - Next Blockchain cruise scheduled for June 9-13 - Feb 4, 2019 - Work on a GoTenna plugin to Electrum wallet in progress - Feb 4, 2019 - Bitcoin Candy Dispensers being open sourced - Feb 4, 2019 - New release of JoinMarket v0.5.3 - Feb 4, 2019 - Prime Trust won’t charge its clients to custody digital assets any longer. - Feb 4, 2019 - nodogsplash/nodogsplash wifi access using LN - Feb 3, 2019 - @tippin_me Receive tips using Lightning Network adds message feature - Feb 3, 2019 - Bitcoin-for-Taxes Bill in NH Unanimously Approved by House Subcommittee - Feb 3, 2019 - Full support for native segwit merged into bitcoinj - Feb 3, 2019 - Bitfury is partnering with financial services firm Final Frontier! - Feb 2, 2019 - Now you can open #LightningNetwork channels in @LightningJoule - Feb 2, 2019 - Integrating Blockstream’s Liquid payments on SideShift AI - Feb 1, 2019 - Wyoming legislature passes bill to recognize cryptocurrency as money - Feb 1, 2019 - Casa is open sourcing the code for the Casa Node - Feb 1, 2019 - Casa Browser Extension released - v0.5.2-beta-rc6 of lnd, full release getting very close now - Feb 1, 2019 - Tallycoin adds subscriptions and paywall features in bid to rival Patreon - Jan 31, 2019 - Static channel backup PR merged into LN - Jan 31, 2019 - The NYDFS grants another Bitlicense to ATM operator - Jan 31, 2019 - @pwuille currently proposing the “MiniScript” language to describe BTC output locking conditions for practical composition - Jan 31, 2019 - Fidelity is in the “final testing” phase for its new digital asset business - Jan 31, 2019 - Hardware wallet PR #109 just got merged so that @Trezor no longer requires user interaction for PIN - Jan 31, 2019 - CBOE, VanEck & SolidX filed a new & improved bitcoin ETF proposal. - Jan 31, 2019 - Casa Node code is now open sourced - Jan 31, 2019 - Next Bitoin halving in roughly 497 days - Jan 31, 2019 - BTCPay released 188.8.131.52 - Jan 31, 2019 - @binance now lets users purchase cryptos using Visa and Mastercard credit. - Jan 31, 2019 - Bitfury to Launch Bitcoin Operations in Paraguay - Jan 31, 2019 - Coinbase introduces very generous affiliate program - Jan 30, 2019 - DOJO Trusted Node bitcoin full node. Coming Early 2019 - Jan 30, 2019 - FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 30, 2019 - TD Ameritrade says clients want cryptocurrency investment options - company plans major announcement in 'first half of 2019' - Jan 30, 2019 - Storage component of Fidelity's @DigitalAssets live, with some assets under management, @nikhileshde - Jan 29, 2019 - lightning mainnet has reached 600 BTC capacity - Jan 29, 2019 - Drivechain shows picture of Grin side chain and suggests might be ready in 2 month - Jan 29, 2019 - Lightning labs iOS neutrino wallet in testing stage now - Jan 29, 2019 - Aliant offering cryptocurrency processing free-of-charge - Jan 29, 2019 - Chainstone’s Regulator product to manage assets on the way - Jan 29, 2019 - Fidelity Investments’ new crypto custody service may officially launch in March. - Jan 29, 2019 - Gemini's becomes FIRST crypto EXCHANGE and CUSTODIAN to complete a SOC 2 Review by Deloitte - Jan 29, 2019 - Iran has lifted the ban on Bitcoin and cryptocurrency - Jan 29, 2019 - Confidential Transactions being added into Litecoin announcement - Jan 28, 2019 - http://FastBitcoins.com Enables Cash-for-Bitcoin Exchange Via the Lightning Network - Jan 28, 2019 - Germany’s largest online food delivery platform now accepts btc - Jan 27, 2019 - Launching a Bitcoin Developers School in Switzerland - Jan 27, 2019 - RTL release v0.1.13-alpha Lightning Build repository released - Jan 27, 2019 - The first pay-per-page fantasy novel available to Lightning Network. - Jan 27, 2019 - Numerous tools become available to write messages transmitted with Blockstream Satellite - Jan 26, 2019; - BTCPay 184.108.40.206 released - Jan 26,2019 - WordPress + WooCommerce + BTCPay Plugin is now live - Jan 25, 2019 - Juan Guaido has been promoting #Bitcoin since 2014 is new interim president of Venezuela - Jan 25, 2019 - Morgan Creek funds @RealBlocks - Jan 25, 2019 - Coinbase integrates TurboTax - Jan 25, 2019 - Robinhood received Bitlicense - Jan 25, 2019 - Anchor Labs launches custody - Jan 25, 2019 - NYSE Arca files w/ @BitwiseInvest for BTC ETF approval - Jan 25, 2019 - South Korea, Seoul, Busan & Jeju Island currently working to create pro crypto economic zones. - Jan 25, 2019 - valerio-vaccaro/Liquid-dashboard - Jan 25, 2019 - Bermuda to launch crypto friendly bank - Jan 25, 2019 - Mobile Bitcoin Wallet BRD Raises $15 Million, Plans for Expansion in Asia - Jan 25, 2019 - BullBitcoin rolling out alpha access of platform - Jan 25, 2019 - Electrum Wallet Release 3.3.3 - Jan 25, 2019 - Bitrefill, purchase Bitcoin and have it delivered directly over LN - Jan 25, 2019 - South Korean crypto exchange Bithumb looking to go public in USA - Jan 24, 2019 - Bitcoin Exchanges Don’t Need Money Transmitter Licenses in Pennsylvania - Jan 24, 2019 - US; New Hampshire Bill Aims to Legalize Bitcoin for State Payments in 2020 - Jan 24, 2019 - Robinhood, LibertyX Receive Licenses from New York Regulators - Jan 24, 2019 - Bakkt Bitcoin futures contract details released - Jan 24, 2019 - Blockstream CryptoFeed V3 now includes 30+ venues and 200M+ updates per day - Jan 24, 2019 - Binance Jersey – The Latest Binance European Exchange - Jan 2019
Bitfury Rolls Out Lightning Peach, Its Own Suite of Lightning Tools - Jan 24, 2019
Good news. v3.6.2 just hit the play store for Android. - Jan 24, 2019
Bitrefill - LN now accounts for more payments than alts - Jan 24, 2019
proofd.app allows you to store a checksum of a doc on the blockchain - Jan 24, 2019
487 days until bitcoin halving - Jan 23, 2019
New #GalaxyS10 coming with ‘Samsung Blockchain KeyStore’- Jan 24, 2019
Proof-of-Reserves tool for Bitcoin github.com/stevenroose/reserves - Jan 24, 2019
Lightning Network Pac-Man Arcade introduced - Jan 23, 2019
I interlaced everything between Vitalik and Tuur to make it easier to read.
1/ People often ask me why I’m so “against” Ethereum. Why do I go out of my way to point out flaws or make analogies that put it in a bad light?
2/ First, ETH’s architecture & culture is opposite that of Bitcoin, and yet claims to offer same solutions: decentralization, immutability, SoV, asset issuance, smart contracts, … Second, ETH is considered a crypto ‘blue chip’, thus colors perception of uninformed newcomers.
Agree! I personally find Ethereum culture far saner, though I am a bit biased :)
3/ I've followed Ethereum since 2014 & feel a responsibility to share my concerns. IMO contrary to its marketing, ETH is at best a science experiment. It’s now valued at $13B, which I think is still too high.
Not an argument
4/ I agree with Ethereum developer Vlad Zamfir that it’s not money, not safe, and not scalable. https://twitter.com/VladZamfistatus/838006311598030848 … @VladZamfir Eth isn't money, so there is no monetary policy. There is currently fixed block issuance with an exponential difficulty increase (the bomb).
I'm pretty sure Vlad would say the exact same thing about Bitcoin
5/ To me the first red flag came up when in our weekly hangout we asked the ETH founders about to how they were going to scale the network. (We’re now 4.5 years later, and sharding is still a pipe dream.)
The core principles have been known for years, the core design for nearly a year, and details for months, with implementations on the way. So sharding is definitely not at the pipe dream stage at this point.
6/ Despite strong optimism that on-chain scaling of Ethereum was around the corner (just another engineering job), this promise hasn’t been delivered on to date.
Sure, sharding is not yet finished. Though more incremental stuff has been going well, eg. uncle rates are at near record lows despite very high chain usage.
7/ Recently, a team of reputable developers decided to peer review a widely anticipated Casper / sharding white paper, concluding that it does not live up to its own claims.
Unmerciful peer review of Vlad Zamfir & co's white paper to scale Ethereum: "the authors do NOT prove that the CBC Casper family of protocols is Byzantine fault tolerant in either practice or theory".
8/ On the 2nd layer front, devs are now trying to scale Ethereum via scale via state channels (ETH’s version of Lightning), but it is unclear whether main-chain issued ERC20 type tokens will be portable to this environment.
Umm... you can definitely use Raiden with arbitrary ERC20s. That's why the interface currently uses WETH (the ERC20-fied version of ether) and not ETH
9/ Compare this to how the Bitcoin Lightning Network project evolved:
elizabeth stark @starkness: For lnd: First public code released: January 2016 Alpha: January 2017 Beta: March 2018…
10/ Bitcoin’s Lightning Network is now live, and is growing at rapid clip.
Jameson Lopp @lopp: Lightning Network: January 2018 vs December 2018
Sure, though as far as I understand there's still a low probability of finding routes for nontrivial amounts, and there's capital lockup griefing vectors, and privacy issues.... FWIW I personally never thought lightning is unworkable, it's just a design that inherently runs into ten thousand small issues that will likely take a very long time to get past.
11/ In 2017, more Ethereum scaling buzz was created, this time the panacea was “Plasma”.
12/ However, upon closer examination it was the recycling of some stale ideas, and the project went nowhere:
Peter Todd @peterktodd These ideas were all considered in the Treechains design process, and ultimately rejected as insecure.
Just because Peter Todd rejected something as "insecure" doesn't mean that it is. In general, the ethereum research community is quite convinced that the fundamental Plasma design is fine, and as far as I understand there are formal proofs on the way. The only insecurity that can't be avoided is mass exit vulns, and channel-based systems have those too.
13/ The elephant in the room is the transition to proof-of-stake, an “environmentally friendly” way to secure the chain. (If this was the plan all along, why create a proof-of-work chain first?)
@TuurDemeester "Changing from proof of work to proof of stake changes the economics of the system, all the rules change and it will impact everything."
Umm... we created a proof of work chain first because we did not have a satisfactory proof of stake algo initially?
14/ For the uninitiated, here’s a good write-up that highlights some of the fundamental design problems of proof-of-stake. Like I said, this is science experiment territory.
Yes, we know about weak subjectivity, see https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/. It's really not that bad, especially given that users need to update their clients once in a while anyway, oh and by the way even if the weak subjectivity assumption is broken an attacker still needs to gather up that pile of old keys making up 51% of the stake. And also to defend against that there's Universal Hash Time.
16/ Keep in mind that Proof of Stake (PoS) is not a new concept at all. Proof-of-Work actually was one of the big innovations that made Bitcoin possible, after PoS was deemed impractical because of censorship vulnerability.
Oh I definitely agree that proof of work was superior for bootstrap, and I liked it back then especially because it actually managed to be reasonably egalitarian around 2009-2012 before ASICs fully took over. But at the present time it doesn't really have that nice attribute.
17/ Over the years, this has become a pattern in Ethereum’s culture: recycling old ideas while not properly referring to past research and having poor peer review standards. This is not how science progresses.Tuur Demeester added,
I try to credit people whenever I can; half my blog and ethresear.ch posts have a "special thanks" section right at the top. Sometimes we end up re-inventing stuff, and sometimes we end up hearing about stuff, forgetting it, and later re-inventing it; that's life as an autodidact. And if you feel you've been unfairly not credited for something, always feel free to comment, people have done this and I've edited.
18/ One of my big concerns is that sophistry and marketing hype is a serious part of Ethereum’s success so far, and that overly inflated expectations have lead to an inflated market cap.
Ok, go on.
19/ Let’s illustrate with an example.
20/ A few days ago, I shared a critical tweet that made the argument that Ethereum’s value proposition is in essence utopian.
@TuurDemeester Ethereum-ism sounds a bit like Marxism to me:
What works today (PoW) is 'just a phase', the ideal & unproven future is to come: Proof-of-Stake.…
22/ My first point, about Ethereum developers rejecting Proof-of-Work, has been illustrated many times over By Vitalik and others. (See earlier in this tweetstorm for more about how PoS is unproven.)
Vitalik Non-giver of Ether @VitalikButerin: I don't believe in proof of work!
See above for links as to why I think proof of stake is great.
23/ My second point addresses Ethereum’s romance with the vague and dangerous notion of ‘social consensus’, where disruptive hard-forks are used to ‘upgrade’ or ‘optimize’ the system, which inevitably leads to increased centralization. More here:
See my rebuttal to Tuur's rebuttal :)
24/ My third point addresses PoS’ promise of perpetual income to ETHizens. Vitalik is no stranger to embracing free lunch ideas, e.g. during his 2014 ETH announcement speech, where he described a coin with a 20% inflation tax as having “no cost” to users.
Yeah, I haven't really emphasized perpetual income to stakers as a selling point in years. I actually favor rewards being as low as possible while still being high enough for security.
25/ In his response to my tweet, Vitalik adopted my format to “play the same game” in criticizing Bitcoin. My criticisms weren't addressed, and his response was riddled with errors. Yet his followers gave it +1,000 upvotes!
Vitalik Non-giver of Ether @VitalikButerin: - What works today (L1) is just a phase, ideal and unproven future (usable L2) is to come - Utopian concept of progress: we're already so confident we're finished we ain't needin no hard forks…
Ok, let's hear about what the errors are...
26/ Rebuttal: - BTC layer 1 is not “just a phase”, it always will be its definitive bedrock for transaction settlement. - Soft forking digital protocols has been the norm for over 3 decades—hard-forks are the deviation! - Satoshi never suggested hyperbitcoinization as a goal.
Sure, but (i) the use of layer 1 for consumer payments is definitely, in bitcoin ideology, "just a phase", (ii) I don't think you can make analogies between consensus protocols and other kinds of protocols, and between soft forking consensus protocols and protocol changes in other protocols, that easily, (iii) plenty of people do believe that hyperbitcoinization as a goal. Oh by the way: https://twitter.com/tuurdemeestestatus/545993119599460353
27/ This kind of sophistry is exhausting and completely counter-productive, but it can be very convincing for an uninformed retail public.
Ok, go on.
28/ Let me share a few more inconvenient truths.
29/ In order to “guarantee” the transition to PoS’ utopia of perpetual income (staking coins earns interest), a “difficulty bomb” was embedded in the protocol, which supposedly would force miners to accept the transition.
The intended goal of the difficulty bomb was to prevent the protocol from ossifying, by ensuring that it has to hard fork eventually to reset the difficulty bomb, at which point the status quo bias in favor of not changing other protocol rules at the same time would be weaker. Though forcing a switch to PoS was definitely a key goal.
30/ Of course, nothing came of this, because anything in the ETH protocol can be hard-forked away. Another broken promise.
33/ The modular approach to Bitcoin seems to be much better at compartmentalizing risk, and thus reducing attack surfaces. I’ve written about modular scaling here...
To be fair, risk is reduced because Bitcoin does less.
34/ Another huge issue that Ethereum has is with scaling. By putting “everything on the blockchain” (which stores everything forever) and dubbing it “the world computer”, you are going to end up with a very slow and clogged up system.
We never advocated "putting everything on the blockchain". The phrase "world computer" was never meant to be interpreted as "everyone's personal desktop", but rather as a common platform specifically for the parts of applications that require consensus on shared state. As evidence of this, notice how Whisper and Swarm were part of the vision as complements to Ethereum right from the start.
35/ By now the Ethereum bloat is so bad that cheaply running an individual node is practically impossible for a lay person. ETH developers are also imploring people to not deploy more smart contract apps on its blockchain.
Tuur Demeester @TuurDemeester: But... deploying d-apps on the "Ethereum Virtual Machine" is exactly what everyone was encouraged to do for the past 4 years. Looks like on-chain scaling wasn't such a great idea after all.
Umm.... I just spun up a node from scratch last week. On a consumer laptop.
36/ As a result, and despite the claims that running a node in “warp” mode is easy and as good as a full node, Ethereum is becoming increasingly centralized.
37/ Another hollow claim: in 2016, Ethereum was promoted as being censorship resistant…
Tuur Demeester @TuurDemeester: Pre TheDAO #Ethereum presentation: "uncensorable, code is law, bottom up". http://ow.ly/qW49302Pp92
Yes, the DAO fork did violate the notion of absolute immutability. However, the "forking the DAO will lead to doom and gloom" crowd was very wrong in one key way: it did NOT work as a precedent justifying all sorts of further state interventions. The community clearly drew a line in the sand by firmly rejecting EIP 867, and EIP 999 seems to now also be going nowhere. So it seems like there's some evidence that the social contract of "moderately but not infinitely strong immutability" actually can be stable.
38/ Yet later that year, after only 6% of ETH holders had cast a vote, ETH core devs decided to endorse a hard-fork that clawed back the funds from a smart contract that held 4.5% of all ETH in circulation. More here: ...
Hudson Jameson @hudsonjameson: The "semi-closed" Ethereum 1.x meeting from last Friday was an experiment. The All Core Dev meeting this Friday will be recorded as usual.
Suppose I were to tomorrow sign up to work directly for Kim Jong Un. What concretely would happen to the Ethereum protocol? I suspect very little; I am mostly involved in the Serenity work, and the other researchers have proven very capable of both pushing the spec forward even without me and catching any mistakes with my work. So I don't think any argument involving me applies. And we ended up deciding not to do more semi-closed meetings.
40/ Another red flag to me is the apparent lack of relevant expertise in the ETH development community. (Check the responses…)
I personally am confident in the talents of our core researchers, and our community of academic partners. Most recently the latter group includes people from Starkware, Stanford CBR, IC3, and other groups.
I have no idea who described Lucius Meredith's work as being important for the Serenity roadmap.... oh and by the way, RChain is NOT an "Ethereum scaling company"
42/ Perhaps the recently added Gandalf of Ethereum, with his “Fellowship of Ethereum Magicians” [sic] can save the day, but imo that seems unlikely...
Honestly, I don't see why Ethereum Gandalf needs to save the day, because I don't see what is in danger and needs to be saved...
43/ This is becoming a long tweetstorm, so let’s wrap up with a few closing comments.
44/ Do I have a conflict of interest? ETH is a publicly available asset with no real barriers to entry, so I could easily get a stake. Also, having met Vitalik & other ETH founders several times in 2013-’14, it would have been doable for me to become part of the in-crowd.
Agree there. And BTW I generally think financial conflicts of interest are somewhat overrated; social conflicts/tribal biases are the bigger problem much of the time. Though those two kinds of misalignments do frequently overlap and reinforce each other so they're difficult to fully disentangle.
45/ Actually, I was initially excited about Ethereum’s smart contract work - this was before one of its many pivots.
Tuur Demeester @TuurDemeester: Ethereum is probably the first programming language I will teach myself - who wouldn't want the ability to program smart BTC contracts?
Ethereum was never about "smart BTC contracts"..... even "Ethereum as a Mastercoin-style meta-protocol" was intended to be built on top of Primecoin.
46/ Also, I have done my share of soul searching about whether I could be suffering from survivor’s bias.
47/ Here’s why Ethereum is dubious to me: rather than creating an open source project & testnet to work on these interesting computer science problems, its founders instead did a securities offering, involving many thousands of clueless retail investors.
48/ Investing in the Ethereum ICO was akin to buying shares in a startup that had “invent time travel” as part of its business plan. Imo it was a reckless security offering, and it set the tone for the terrible capital misallocation of the 2017 ICO boom.
Nothing in the ethereum roadmap requires time-travel-like technical advancements or anything remotely close to that. Proof: we basically have all the fundamental technical advancements we need at this point.
49/ In my view, Ethereum is the Yahoo of our day - an unscalable “blue chip” cryptocurrency:
Tuur Demeester @TuurDemeester: 1/ The DotCom bubble shows that the market isn't very good at valuing early stage technology. I'll use Google vs. Yahoo to illustrate.
March 27, 2014 @ 8:23pm "A cryptocurrency payment could be programmed to ensure that employees of a particular company do not purchase goods or services that violate an employers’ standards." If I work at Hobby Lobby and they pay me in bitcoins that can't be used to buy contraceptives, what stops me from cashing out my bit coins and then One of the best-performing crypto assets over the past month has been Chainlink (LINK). From the March lows to the recent highs, the asset has rallied approximately 500% against the U.S. dollar. Analysts expect a reversal for the altcoin against the U.S. dollar and against Bitcoin as momentum lets Say I made a business which takes care of thousands of bit coin transactions. The problem is how can I track how much is coming in and from which address at what date and what tim The world’s first cryptocurrency, Bitcoin is stored and exchanged securely on the internet through a digital ledger known as a blockchain. Bitcoins are divisible into smaller units known as satoshis — each satoshi is worth 0.00000001 bitcoin. March 24, 2014 The major grudge against Bitcoin seems not so much to be that it isn’t backed by anything – remember, we’ve already established that most currencies, and therefore economies, aren’t backed by anything – but that it isn’t regulated by any established (read: government) body.
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