The Blockchain - The Technology behind Bitcoin Jérôme Kehrli
The blockchain and blockchain related topics are becoming increasingly discussed and studied nowadays. There is not one single day where I don't hear about it, that being on linkedin or elsewhere.
I interested myself deeply in the blockchain topic recently and this is the first article of a coming whole serie around the blockchain.
This presentation is an introduction to the blockchain, presents what it is in the light of its initial deployment in the Bitcoin project as well as all technical details and architecture concerns behind it.
We won't focus here on business applications aside from what is required to present the blockchain purpose, more concrete business applications and evolutions will be the topic of another presentation I'll post in a few weeks
Toward Money-over-IP? From Bitcoin to M2M MoneyGeorge Giaglis
How will Bitcoin and Blockchains disrupt industries, such as banking, and create a wave of new machine-to-machine applications on nano-payments and autonomous digital corporations.
This seminar discus about BITCOIN TECHNOLOGY. its EVOlUTION,TERMS USED IN BITCOIN,MINING,AQUIRING, BITCOIN, HOW TO STORE BITCOINS, TYPES OF WALLET, HOW BITCOIN ACTUALLY WORKS, TRANSACTION .
What is Bitcoin, why it succeed?
How it works?
How developers could integrate Bitcoin payment to their systems
The video in the slides is available at : https://www.youtube.com/watch?v=W0qn3oPYo5c
The Blockchain - The Technology behind Bitcoin Jérôme Kehrli
The blockchain and blockchain related topics are becoming increasingly discussed and studied nowadays. There is not one single day where I don't hear about it, that being on linkedin or elsewhere.
I interested myself deeply in the blockchain topic recently and this is the first article of a coming whole serie around the blockchain.
This presentation is an introduction to the blockchain, presents what it is in the light of its initial deployment in the Bitcoin project as well as all technical details and architecture concerns behind it.
We won't focus here on business applications aside from what is required to present the blockchain purpose, more concrete business applications and evolutions will be the topic of another presentation I'll post in a few weeks
Toward Money-over-IP? From Bitcoin to M2M MoneyGeorge Giaglis
How will Bitcoin and Blockchains disrupt industries, such as banking, and create a wave of new machine-to-machine applications on nano-payments and autonomous digital corporations.
This seminar discus about BITCOIN TECHNOLOGY. its EVOlUTION,TERMS USED IN BITCOIN,MINING,AQUIRING, BITCOIN, HOW TO STORE BITCOINS, TYPES OF WALLET, HOW BITCOIN ACTUALLY WORKS, TRANSACTION .
What is Bitcoin, why it succeed?
How it works?
How developers could integrate Bitcoin payment to their systems
The video in the slides is available at : https://www.youtube.com/watch?v=W0qn3oPYo5c
There are new and emerging opportunities for organisations in all sectors to create and deliver compelling services for their customers using the power of disruptive innovation. As organisations formulate their plans for the coming months, this paper aims to help business and public sector leaders understand the cultural and organisational challenges that are inevitably brought by the use of blockchain technologies, and provides them with the insights they need to overcome them.
UNBLOCKED: The Power of Blockchain Technology to Establish Trust, Build Brand...Ogilvy Consulting
UNBLOCKED: The Power of Blockchain Technology to Establish Trust, Build Brands & Transform Business shines light on the myriad capabilities, applications and benefits of blockchain technology for enterprises. It frames key questions for business leaders that open paths to unlock the value of the technology. It places the customer at the center of business strategy development. And it focuses on the ultimate end game, leveraging blockchain to prevent disruption and provide competitive advantage.
Block chain 101 what it is, why it mattersPaul Brody
The Blockchain is an important new technology, but it is shrouded in mystery: what does it do? Why is it such a big deal? How is it related to bitcoin? In this short presentation (with attached video), I attempt to answer those questions.
CBGTBT - Part 1 - Workshop introduction & primerBlockstrap.com
A Complete Beginners Guide to Blockchain Technology Part 1 of 6. Slides from the #StartingBlock2015 tour by @blockstrap
Part 1: http://www.slideshare.net/Blockstrap/cbgtbt-part-1-workshop-introduction-primer
Part 2: http://www.slideshare.net/Blockstrap/02-blockchains-101
Part 3: http://www.slideshare.net/Blockstrap/03-transactions-101
Part 4: http://www.slideshare.net/Blockstrap/cbgtbt-part-4-mining
Part 5: http://www.slideshare.net/Blockstrap/05-blockchains-102
Part 6: http://www.slideshare.net/Blockstrap/06-transactions-102
Introduction to blockchain is a presentation to demystify distributed ledger technology. Show and explain how the technology behind Bitcoin works and what are the pros and cons of it (at the time of creating this presentation June 2018)
Bitcoin is the very first cryptocurrency and blockchain technology introduced to the world. Satoshi Nakamoto is behind the creation of Bitcoin technology. It’s currently one of the popular cryptocurrencies on the market.
Bitcoin uses blockchain technology to function and offer all of its features to the users. The working principle of Bitcoin depends heavily on the mining process. Bitcoin uses miners to process all of the transactions happening on the blockchain and give rewards based on that. The platform uses a consensus mechanism called Proof-of-Work to help miners verify and execute all the transactions.
Here, you will understand what this Bitcoin technology really offers, its basic characteristics, working principles, and advantages. We at 101 Blockchains are offering better resources to help you fully comprehend the topic.
The following course will help you understand the Bitcoin Technology->
Getting Started with Bitcoin Technology
https://academy.101blockchains.com/courses/getting-started-with-bitcoin-technology
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
There are new and emerging opportunities for organisations in all sectors to create and deliver compelling services for their customers using the power of disruptive innovation. As organisations formulate their plans for the coming months, this paper aims to help business and public sector leaders understand the cultural and organisational challenges that are inevitably brought by the use of blockchain technologies, and provides them with the insights they need to overcome them.
UNBLOCKED: The Power of Blockchain Technology to Establish Trust, Build Brand...Ogilvy Consulting
UNBLOCKED: The Power of Blockchain Technology to Establish Trust, Build Brands & Transform Business shines light on the myriad capabilities, applications and benefits of blockchain technology for enterprises. It frames key questions for business leaders that open paths to unlock the value of the technology. It places the customer at the center of business strategy development. And it focuses on the ultimate end game, leveraging blockchain to prevent disruption and provide competitive advantage.
Block chain 101 what it is, why it mattersPaul Brody
The Blockchain is an important new technology, but it is shrouded in mystery: what does it do? Why is it such a big deal? How is it related to bitcoin? In this short presentation (with attached video), I attempt to answer those questions.
CBGTBT - Part 1 - Workshop introduction & primerBlockstrap.com
A Complete Beginners Guide to Blockchain Technology Part 1 of 6. Slides from the #StartingBlock2015 tour by @blockstrap
Part 1: http://www.slideshare.net/Blockstrap/cbgtbt-part-1-workshop-introduction-primer
Part 2: http://www.slideshare.net/Blockstrap/02-blockchains-101
Part 3: http://www.slideshare.net/Blockstrap/03-transactions-101
Part 4: http://www.slideshare.net/Blockstrap/cbgtbt-part-4-mining
Part 5: http://www.slideshare.net/Blockstrap/05-blockchains-102
Part 6: http://www.slideshare.net/Blockstrap/06-transactions-102
Introduction to blockchain is a presentation to demystify distributed ledger technology. Show and explain how the technology behind Bitcoin works and what are the pros and cons of it (at the time of creating this presentation June 2018)
Bitcoin is the very first cryptocurrency and blockchain technology introduced to the world. Satoshi Nakamoto is behind the creation of Bitcoin technology. It’s currently one of the popular cryptocurrencies on the market.
Bitcoin uses blockchain technology to function and offer all of its features to the users. The working principle of Bitcoin depends heavily on the mining process. Bitcoin uses miners to process all of the transactions happening on the blockchain and give rewards based on that. The platform uses a consensus mechanism called Proof-of-Work to help miners verify and execute all the transactions.
Here, you will understand what this Bitcoin technology really offers, its basic characteristics, working principles, and advantages. We at 101 Blockchains are offering better resources to help you fully comprehend the topic.
The following course will help you understand the Bitcoin Technology->
Getting Started with Bitcoin Technology
https://academy.101blockchains.com/courses/getting-started-with-bitcoin-technology
Learn more about the certification courses from here ->
Certified Enterprise Blockchain Professional (CEBP) course
https://academy.101blockchains.com/courses/blockchain-expert-certification
Certified Enterprise Blockchain Architect (CEBA) course
https://academy.101blockchains.com/courses/certified-enterprise-blockchain-architect
Certified Blockchain Security Expert (CBSE) course
https://academy.101blockchains.com/courses/certified-blockchain-security-expert
The eleventh edition of OrionX's CryptoSuper500 list, marking its fifth anniversary. The list recognizes cryptocurrency mining as a form of supercomputing application, tracks the top mining companies and pools, and offers a snapshot of the cryptocurrency industry. The CryptoSuper500 was developed by Dr. Stephen Perrenod, OrionX Partner and noted crypto analyst who has also created a top-ranking Bitcoin evaluation model and elucidated the concept of the "blockchain calendar"
Bitcoin, Ethereum, and Blockchain - Digital Literacy @ Columbia University Bu...Chris Castiglione
Bitcoin is two things: a digital currency AND a new technology.
In this course I'll give you the tools to think intelligently about the technology of Bitcoin, and the skills to buy, trade, and store your digital currencies.
Online course:
https://onemonth.com/courses/bitcoin
Bitcoin vs. Ethereum
https://learn.onemonth.com/bitcoin-vs-ethereum/
Join Coinbase
https://www.coinbase.com/join/5341c04e2e00c46d2100006c
What is cryptocurrency?, Blockchain, Bitcoin, Bitcoin Mining, Facts about Bitcoin Different types of cryptocurrencies, Cryptocurrency in India, Supreme court on cryptocurrency. Advantages and disadvantages of cryptocurrencies, Do we Invest?, Conclusion.
Bitcoin Presentation. Definitions, History of Exchange, Inception, Mining, Problems Solved, Use Cases, Proponents, Criticisms, Regulation, Blockchain Technology, Adoption, On Chain Analysis, and What's Next?
@AIS Auditorim, SC Tower (2018-09-13)
+Add history of money
+Add some technical aspect of Bitcoin TX
+Add basic aspect of adoption of Modern Supply Chain
+Re-sequence for better understanding of Internet Of Values
+Add several new real world adoption, Dubai, Estonia,etc
+Add some survey stats.
+Add some funny Bitcoin indicator
-Hide Economic Point of View
-Remove updated news
Tenth CryptoSuper 500 Report: Bitcoin has increased its dominance of the $10 billion proof-of-work cryptocurrency mining industry, which relies on supercomputing levels of computational power. Dogecoin is a distant #2 as #1 Bitcoin has grown to 350 Exahashes/sec of computational power in the network.
North America now boasts close to half of Bitcoin's mining power and publicly traded mining companies amount to 18% of total production.
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
CoinX Trading Business Concept EnglishRomeo Abuhan
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
This our Twelfth semiannual report on the global Cryptocurrency mining industry.
Bitcoin is the world’s largest special purpose supercomputer. And it is globally decentralized. Millions of nodes all run the same open-source code to secure the Bitcoin network, create value, and put new transactions onto the distributed ledger.
The latest Top500 list has just been announced at the ISC 2024 conference in Hamburg, and once again the Frontier supercomputer with 1.2 Exaflops peak performance is number one on the list. If assigned to SHA-256 hashing, Frontier would provide only the equivalent hash rate of about three cabinets of the latest high-end Bitcoin mining systems, costing less than 0.1% of Frontier’s cost.
Michael Saylor, Chairman of MicroStrategy, has pointed out that GPUs are two orders of magnitude slower than the 5-nanometer technology of custom ASICs used for Bitcoin mining today. He makes the point that the Bitcoin network is unassailable by all of the hyperscale computing resources combined in AWS, Google, and Microsoft Azure cloud data centers today.
Bitcoin 101: The Currency, The Network, The CommunityEarthsite
Bitcoin and the underlying technology of cryptocurrency is poised to revolutionize the world of banking and financial equity. Can Bitcoin make it through the volatile startup years and be adopted as a global currency? With an estimated 50,000 businesses now accepting Bitcoin and more than $100 million in venture capital investments, 2014 could be the tipping point for this new form of value exchange.
In this introductory presentation, you'll learn what Bitcoin is, why the technology is revolutionary and how you can get involved in the community. Find out how businesses can save 2-3% on credit card fees and have instant access to a global market. Discover how digital currencies are supporting thriving local economies. Don't miss this opportunity to educate yourself on the fundamentals of Bitcoin and see how you and your business will benefit.
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
CoinX Trading Business Concept EnglishRomeo Abuhan
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
An introduction to AI (artificial intelligence)Bellaj Badr
An introduction to AI (artificial intelligence)
The ppt link is available bellow https://docs.google.com/presentation/d/1-oaO75DEdP259HNrrvh5fbZVOtaiiiffi3luyv0tShw/edit?usp=sharing
you could leave your comments on google slides
UiPath Test Automation using UiPath Test Suite series, part 4DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 4. In this session, we will cover Test Manager overview along with SAP heatmap.
The UiPath Test Manager overview with SAP heatmap webinar offers a concise yet comprehensive exploration of the role of a Test Manager within SAP environments, coupled with the utilization of heatmaps for effective testing strategies.
Participants will gain insights into the responsibilities, challenges, and best practices associated with test management in SAP projects. Additionally, the webinar delves into the significance of heatmaps as a visual aid for identifying testing priorities, areas of risk, and resource allocation within SAP landscapes. Through this session, attendees can expect to enhance their understanding of test management principles while learning practical approaches to optimize testing processes in SAP environments using heatmap visualization techniques
What will you get from this session?
1. Insights into SAP testing best practices
2. Heatmap utilization for testing
3. Optimization of testing processes
4. Demo
Topics covered:
Execution from the test manager
Orchestrator execution result
Defect reporting
SAP heatmap example with demo
Speaker:
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Accelerate your Kubernetes clusters with Varnish CachingThijs Feryn
A presentation about the usage and availability of Varnish on Kubernetes. This talk explores the capabilities of Varnish caching and shows how to use the Varnish Helm chart to deploy it to Kubernetes.
This presentation was delivered at K8SUG Singapore. See https://feryn.eu/presentations/accelerate-your-kubernetes-clusters-with-varnish-caching-k8sug-singapore-28-2024 for more details.
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Tobias Schneck
As AI technology is pushing into IT I was wondering myself, as an “infrastructure container kubernetes guy”, how get this fancy AI technology get managed from an infrastructure operational view? Is it possible to apply our lovely cloud native principals as well? What benefit’s both technologies could bring to each other?
Let me take this questions and provide you a short journey through existing deployment models and use cases for AI software. On practical examples, we discuss what cloud/on-premise strategy we may need for applying it to our own infrastructure to get it to work from an enterprise perspective. I want to give an overview about infrastructure requirements and technologies, what could be beneficial or limiting your AI use cases in an enterprise environment. An interactive Demo will give you some insides, what approaches I got already working for real.
UiPath Test Automation using UiPath Test Suite series, part 3DianaGray10
Welcome to UiPath Test Automation using UiPath Test Suite series part 3. In this session, we will cover desktop automation along with UI automation.
Topics covered:
UI automation Introduction,
UI automation Sample
Desktop automation flow
Pradeep Chinnala, Senior Consultant Automation Developer @WonderBotz and UiPath MVP
Deepak Rai, Automation Practice Lead, Boundaryless Group and UiPath MVP
Securing your Kubernetes cluster_ a step-by-step guide to success !KatiaHIMEUR1
Today, after several years of existence, an extremely active community and an ultra-dynamic ecosystem, Kubernetes has established itself as the de facto standard in container orchestration. Thanks to a wide range of managed services, it has never been so easy to set up a ready-to-use Kubernetes cluster.
However, this ease of use means that the subject of security in Kubernetes is often left for later, or even neglected. This exposes companies to significant risks.
In this talk, I'll show you step-by-step how to secure your Kubernetes cluster for greater peace of mind and reliability.
DevOps and Testing slides at DASA ConnectKari Kakkonen
My and Rik Marselis slides at 30.5.2024 DASA Connect conference. We discuss about what is testing, then what is agile testing and finally what is Testing in DevOps. Finally we had lovely workshop with the participants trying to find out different ways to think about quality and testing in different parts of the DevOps infinity loop.
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Jeffrey Haguewood
Sidekick Solutions uses Bonterra Impact Management (fka Social Solutions Apricot) and automation solutions to integrate data for business workflows.
We believe integration and automation are essential to user experience and the promise of efficient work through technology. Automation is the critical ingredient to realizing that full vision. We develop integration products and services for Bonterra Case Management software to support the deployment of automations for a variety of use cases.
This video focuses on the notifications, alerts, and approval requests using Slack for Bonterra Impact Management. The solutions covered in this webinar can also be deployed for Microsoft Teams.
Interested in deploying notification automations for Bonterra Impact Management? Contact us at sales@sidekicksolutionsllc.com to discuss next steps.
Elevating Tactical DDD Patterns Through Object CalisthenicsDorra BARTAGUIZ
After immersing yourself in the blue book and its red counterpart, attending DDD-focused conferences, and applying tactical patterns, you're left with a crucial question: How do I ensure my design is effective? Tactical patterns within Domain-Driven Design (DDD) serve as guiding principles for creating clear and manageable domain models. However, achieving success with these patterns requires additional guidance. Interestingly, we've observed that a set of constraints initially designed for training purposes remarkably aligns with effective pattern implementation, offering a more ‘mechanical’ approach. Let's explore together how Object Calisthenics can elevate the design of your tactical DDD patterns, offering concrete help for those venturing into DDD for the first time!
Encryption in Microsoft 365 - ExpertsLive Netherlands 2024Albert Hoitingh
In this session I delve into the encryption technology used in Microsoft 365 and Microsoft Purview. Including the concepts of Customer Key and Double Key Encryption.
The Art of the Pitch: WordPress Relationships and SalesLaura Byrne
Clients don’t know what they don’t know. What web solutions are right for them? How does WordPress come into the picture? How do you make sure you understand scope and timeline? What do you do if sometime changes?
All these questions and more will be explored as we talk about matching clients’ needs with what your agency offers without pulling teeth or pulling your hair out. Practical tips, and strategies for successful relationship building that leads to closing the deal.
LF Energy Webinar: Electrical Grid Modelling and Simulation Through PowSyBl -...DanBrown980551
Do you want to learn how to model and simulate an electrical network from scratch in under an hour?
Then welcome to this PowSyBl workshop, hosted by Rte, the French Transmission System Operator (TSO)!
During the webinar, you will discover the PowSyBl ecosystem as well as handle and study an electrical network through an interactive Python notebook.
PowSyBl is an open source project hosted by LF Energy, which offers a comprehensive set of features for electrical grid modelling and simulation. Among other advanced features, PowSyBl provides:
- A fully editable and extendable library for grid component modelling;
- Visualization tools to display your network;
- Grid simulation tools, such as power flows, security analyses (with or without remedial actions) and sensitivity analyses;
The framework is mostly written in Java, with a Python binding so that Python developers can access PowSyBl functionalities as well.
What you will learn during the webinar:
- For beginners: discover PowSyBl's functionalities through a quick general presentation and the notebook, without needing any expert coding skills;
- For advanced developers: master the skills to efficiently apply PowSyBl functionalities to your real-world scenarios.
4. Failure
Ecash
• ‘1983-1998’
• Failure
E-gold
‘1996- 2007’
• Failure
Bitcoin isn’t the first virtual currency but the first cryptocurrency
Success
Bit Gold
Success
Bitcoin
‘Since 2008’
Designed in 98
Liberty Reserve
‘2006-2013’
11. Total currency in circulation
• $1,424.92 United States
• $1,210.42 Euro area
• $856.55 Japan
• Bitcoin $300
• $250.80 India (rupee)
• $117.05 Russia (rouble)
• $103.09 United Kingdom (pound)
12.
13. One study estimates bitcoin
to use between 0.8 and 4.4
TWh per year. Compare this
with the 138TWh per year
spent on mining and recycling
gold or the 650TWh
expended by the global
banking system annually
14.
15. The computing power of the Bitcoin network is
7468 times higher than the one of the cumulative
500 world supercomputers.
Bitcoin
X7500
18. It was on May 22 that he
reported successfully trading
10,000 BTC for two pizzas, The
bitcoins were quoted at $41 at
the time of the offer.
10,000 * 17000 =170 000 000 $
19.
20. La Bulle
A dollar now is worth 4.8 percent of what it was 100 years
ago, or about 5 cents in end-of-1916 dollars
Increasing US Monetary Base Skyrocketed from 2007
to Now
26. Bubble?
In 2000, we had the dot-com bubble.
In 2007, we had the housing bubble.
In 2017, we have the everything bubble (real estate, stock
market,..).
30. By 2027, 10% of global GDP is likely to be
stored on blockchain platforms.
”
Blockchain technologies could
reduce banks' infrastructural costs
by $15-20bn a year by 2022.
Santander
”
”
Gartner’s Top 10 Strategic
Technology Trends for 2017
”
”
By 2025 :
Tax collected for the first time by a
government via a blockchain
WEF
Blockchain has potential to
save global financial industry
up to $110bn,
McKinsey ”
”
31. The Chinese Government has just announced that it will
be using Blockchain Technology to collect taxes and for
electronic invoices in 2019.
Dubai work on a national blockchain to provide a series of
services for both government entities and private
companies. Expected to go live in 2018.
36. TUNISIA
2015, Tunisian poste adopted an
internal blockchain system with
cryptocurrency (E-dinar)
SENEGAL
Introduce a Blockchain-Based National Digital
Currency eCFA. Announced in 2016, the digital
currency will be legal tender just as the current
currency, CFA Franc. It will be introduced in all
West Africa.
SOUTH AFRICA :
Barclays Africa and its UK parent company
Barclays plc completed the world’s first trade
finance transaction using blockchain technology.
South African Reserve Bank (SARB) plans to
launch a blockchain-based digital version of the
South African Rand
KENYA :
Kenyan Government is implementing
Blockchain-based education
management system that would
make it hard to forge academic
certificate
NIGERIA :
Nigerian government offers
support to blockchain
development group
38. • Ethereum Based BAT ICO Raises $36 Million in 30 Seconds
• The Bancor ICO raised $153 million on ethereum in three hours
• Aragon Token Sale/ICO raises $25M in 15 minutes
• Just over 30 minutes into the sale, the Filecoin team announced that it
had garneredraised a total of $252 million in investments.
Editor's Notes
Bit gold direct precursor to the Bitcoin architecture
INTERNET OF MONEY
We passed from vitrual currency to cryptocurrency after the adoption of cryptographical tools
ecash was conceived by David Chaum as an anonymous cryptographic electronic money or electronic cash system in 1983.
October 31, 2008 : The white paper is published
November 9, 2009: The Bitcoin Project hits SourceForge
January 3, 2009 :The Genesis Block is mined
Ecash anonymous cryptographic (DIGICASH Inc.) ‘1983-1998’
a comment on the instability caused by fractional-reserve banking
This detail, "second bailout for banks" could also suggest that the fact a supposedly liberal and capitalist system, rescuing banks like that, was a problem for satoshi .
Satoshi has forever written a "powerful message" on the blockchain, starting a new era of money
Bitcoin is often compared to gold, but gold’s supply = slightly inflationary, bitcoin’s supply = disinflationary going on deflationary. $BTC better set up as a store of value.
As of 31 December 2015, the Bank for International Settlements provides detailed statistics of the worth of banknotes and coins for 18 major currencies converted to billions of US dollars using the exchange rate at the end of the year.
and bitcoin looks like a model in efficiency
1 hash = 6.35K integer operations
1 integer operation = 2 floating point operations
1 hash = 12.7K floating point operations
https://www.top500.org/list/2016/11/?page=5
Bitcoin power
They keep printing money out of thin air
The European Union Agency for Law Enforcement Cooperation, formerly known as the European Police Office and the Europol Drugs Unit
we have the everything bubble because there is a bubble in a bunch of asset classes simultaneously.
. Bitcoins, on the other hand, are easy to divide, imperishable, transportable and scarcer than tulips.
Dolalr collapse :
A $19 trillion U.S. federal debt.
Excess liquidity causing inflation or, as is occurring now, asset bubbles.
The unsustainable personal debt of U.S. citizens.
A massive trade deficit.
The strength of emerging market countries, like China. They are becoming less dependent on holding U.S. dollars to keep the value of their currencies low.
Philisophical answer
The blockchain thus acts as a single source of truth,
A SINGLE SOURCE OF TRUTH
According to newly published statements from 7th February by European Commission VP Andrus Ansip, the Commission is planning to grow its “support” for blockchain projects – something that Ansip characterized as an expansion of existing efforts
Internet manage information, blockchain manage assets