Monday, November 22, 2021

Наш репортаж из Тбилиси

КРЕМЛЬ ПРОТИВ ГРУЗИИ: СТАВКА НА КРОВЬ

https://youtu.be/YpiW5uJSYqc (Sasha Sotnik)

https://youtu.be/FOwaYA2M8IY (Sotnik-TV Live)

В Грузии продолжаются митинги и уличные акции почти каждый день во всех городах страны. Начиная от автопробега, заканчивая перекрытием улиц. Как итог, оппозиция отказалась от разрозненных акций, и объявила о большом митинге в центре столицы. Чем грозят происходящие события и является ли Грузия свободной страной, - рассказали участники акций протеста.

Смотрите сюжет Sotnik-TV.

Автор – Роман Переверзев

Подписывайтесь на резервные каналы:

https://www.youtube.com/channel/UCChdLsV2IM6WsYDWiivCJdw (Sotnik-TV Live)

https://www.youtube.com/channel/UCBdQCsgI8dTjIFVgVvU4Y7g (Sotnik-TV Free)

Патреон: https://www.patreon.com/sotnikTV

Поддержать Sotnik-TV:

SK1375000000004028030154 (SOTNIK TV, Словакия)

Карта: 5475153400734788 (Aleksandr Sotnik) перевод можно сделать даже из Сбербанка через мобильное приложение (в нижнем меню «Платежи» → «За рубеж» → «По номеру карты»)

PayPal – [sotniktvinfo@gmail.com](mailto:sotniktvinfo@gmail.com)

Bitcoin - 3PdyHqZ7hiywP7u8FBDX2NyyLmmdRVp5dn

Eth - 0x42c5046b70ac4401df3361440510ed896c8f6d24

Подписывайтесь на аккаунт Sotnik-TV на Reddit: https://www.reddit.com/user/SashaSotnik/

Telegram-канал: t.me/sashasotniktv

Наш сайт: https://sotnik-tv.com/ru/

Getting to know about CHOICE COIN

ABOUT ALGORAND: Algorand is a blockchain, which improves security and power efficiency of blockchain networks. Algorand is said to be a pure proof of stake blockchain for the fact that users are chosen to participate in the protocol based on the stake (number of algos) that they have.

In Algorand, every online user who possesses algos can participate in the consensus protocol. Consensus refers to the way blocks are selected and written to the blockchain. Algorand uses the VRF described above to select accounts to propose blocks for a given round. When a block is proposed to the blockchain, a committee of voters is selected to vote on the block proposal. If a super majority of the votes are from honest participants, the block can be certified.

INTRODUCTION TO CHOICE COIN CHOICE COIN is an open-source project built on the Algorand Blockchain as an Algorand Standard Asset (ASA) for solving the Decentralized Governance Problem, which refers to the lack of a secure and autonomous process for decentralized organizations to reach consensus during governance.

Before driving further, it is important to talk about the relationship between ALGORAND and FORTIOR BLOCKCHAIN

FORTIOR partnered with ALGORAND to Create AI-powered Governance Mechanisms and Financial Assets on the Algorand Blockchain

Having launched the Algorand Foundation Grant Program in the year 2020, several submissions were received from developers and innovators globally who have been eager to participate and grow the Algorand ecosystem. After thorough review and selection, Fortior Blockchain was announced as the Grant recipient.

Fortior began as the winning submission at the 2021 MIT Bitcoin Expo Hackathon under the name Algorand Autonomous.

Fortior Blockchain planned to deliver software that utilizes artificial intelligence and quantum computing to create governance mechanisms and volatility predictors on the Algorand Blockchain.

It was deduced that Fortior will leverage Artificial Intelligence and the Algorand Blockchain to create revolutionary software to power governance protocols that solve many of the problems associated with outdated voting systems and methods. In the spirit of decentralization, Fortior Blockchain is also planned on building an algorithm that can predict price volatilities in Algo, in such a way that will enable members of the wider community to be better informed before making an investment.

Fortior Blockchain released ChoiceCoin, a governance token and Algorand Standard Asset, that powers the Foritor Voting Algorithm.

Fortior Blockchain’s Grant award deliverables include: i) Smart contract architecture that dictates the creation and transfer operations of ChoiceCoin. ii) A voting protocol that uses ChoiceCoin for governance. iii) An open-source volatility indicator for Algo.

Now, driving deep to say more about the CHOICE COIN: Choice Coin operates as a Decentralized Autonomous Organization (DAO), and has an extensive network that works on open source software development, community engagement, and more. Choice Coin is currently the largest open source project on the Algorand Network. This documentation introduces new members to Choice Coin, while also providing information on the Decentralized Decisions and the Choice-TinyMan Wrapper. Decentralized Governance: The purpose of Choice Coin is to allow decentralized organizations to govern themselves and control digital assets in an equitable fashion. As the decentralized Intranet evolves, more and more organizations operating in and working on projects in Decentralized Finance (DeFi), Non-Fungible Tokens (NFTs), and blockchain networks need a way to govern. Contrary to centralized systems, which are inherently hierarchical and pyramid like in nature, decentralized systems distribute power and decision making across global networks in a fair fashion. But, building decentralized systems is difficult, complex, and time consuming. The Decentralized Decisions software solves this problem with a secure, easy to use, and flexible governance software.

Why choice coin is set to be a distinct advantage in the DeFi/cryptocurrency industry? ● The choice coin is refined to advance total decentralization which has sidestepped the system for at some point, with a successful portrayal of clients votes through a majority rule surveying strategy that will totally characterize administration for all.

● The choice coin takes into consideration an absolute open turn of events, this infers that members can without much of a stretch foster both on the choice coin substrate just as its relating convention.

● Decision making measure is improved as coin holders are permitted to survey on allotments that could assist with realizing vote based causes and help other associated associations.

● It is refined on one of the first class blockchain framework of the advanced age, algorand which is exceptionally open source and unadulterated evidence of stake convention that empowers the formation of items to overcome any barrier among decentralized and customary finance.

Voting Software: The Voting Software is built using Choice Coin on the Algorand Network. It is an open-source voting software which powers decentralized decisions, making it possible for organizations to make decisions in a more transparent, autonomous and distributed manner. The votes in the voting software are recorded on the Algorand Blockchain and tabulations of these votes are made using a stateless smart contract. Security of voters' information is made possible through post-quantum cryptography. Additionally, the voting software enhances open-development on the Choice Coin Platform, thereby serving as a medium through which developers can set up their own decentralized voting network. The developers are rewarded for their works via the Choice Coin's Developer Awards Program.

Redefining Voting All entities, from small businesses to first-world nations, suffer from outdated voting mechanisms that contribute to a culture of non-participation and voter supression. This leads to decisions that do not take fairly take into account what constituients and voters may want. The Fortior Voting Protocol, powered exclusively by Choice Coin, is a simple solution that uses automation to create a voting system that is both fairer and quicker than present systems.

Advantages: 1) Public Ledger allows for all decisions to be stored on an immutable chain.

2) Quantum Computing enables fast consensus results.

3) Artifical Intelligence ensures all votes are valid

Choice Coin Community Program: The community of a project goes a long way to determine how far that project will go. The Choice Coin community comprises highly talented, motivated and innovative individuals dedicated to take the Choice Coin project to the zenith. The Choice Coin Community Engagement Program is one of the four starting participation options in the Choice Coin ecosystem. The Community Engagement Program aims to incentivize the community to connect with one another on various social media platforms.

Open Source Development: No doubt, open innovation is a vital character to the technical edge (the most current and sophisticated technologies in existence and operation) across technical industries such as artificial intelligence and blockchain. Apropos of this, Choice Coin facilitates open innovation of its platform through the open source development program. The Open Source Development Program facilitates developers to provide innovative ideas on the Algorand network and Choice Coin GitHub. There are developer rewards for developer contributions. Choice Coin offers two OSS reward structures for contributions, the Gold Badge and the Silver Badge. While the Silver Badge rewards valuable contributions to the Voting Repository on the Choice Coin GitHub, the Gold Badge rewards deployment of the Decentralized Decisions software for real world use cases.

Happy Cakeday, r/Publish0x! Today you're 3

Let's look back at some memorable moments and interesting insights from last year.

Your top 10 posts:

CURE 💗 Charity 1st, token 2nd 🧡 Audited by Certik 💙 NASCAR partnership secured and London Underground marketing campaign should be landing soon now... 💚 Fully doxxed team 🤍 Listed on CMC and CG 💜 Join today!

CURE is the first deflationary DeFi Token built around non-profit charitable organization determined to support research into pediatric cancer. CURE Token has infinite growth potential, benefiting token holders in both short and long term, whilst making meaningful change in the lives of many along the way.

🔒 CURE passed and secured audit by Certik with zero major issues!
🏎️ NASCAR deal also secured! Implying wrapping and sponsoring a car all next year AND taking over their website.
🚊 Potential London Underground advertising opportunities are being discussed at the moment!
🍒 Cherry on top:
Major ambassadors from health, fitness and music industries...
Interest from major exchanges...
Complete billboard takeover of Miami...
More to come...
Oh, and did I forget to also mention these about CURE? 👇
👨‍🔬 Fully Doxxed & Known Dev
🙋‍♀️🙋‍♂️ Team Lead, Community Driven
🔐 Liquidity Locked
📊 CMC & CG Listed
💸 Buyback System

📈📉 Tokenomics:

CURE Token was initially minted with a supply of 1,000,000,000 (1 billion) tokens. Each transaction has a 12% fee subtracted which powers the cause like this:

3% Charity
3% Marketing
3% Reflections
3% Liquidity

Also, recommended Slippage during making a transaction is from 10% to 12%.

📱 Contact:

🌎 Website
💬 Telegram Community
📰 Telegram Announcements
🕊️ Twitter
📘 Facebook
📢 Medium

📝 Contract Address: 0x76aecb353abf596bd61ee6bdb07d70787dec4fd6
💩 PooCoin Chart: poocoin.app/tokens/0x76aecb353abf596bd61ee6bdb07d70787dec4fd6

💡 Useful info:

👥 Who's The Team?
Founder and Chairman of the Beckley Foundation, Jacob Beckley has managed to raise approximately 1 million dollars in the battle against childhood cancers and beyond, since the foundation launch in 2016.

📅 When did CURE happen?
Well, lets follow the timeline 👇

2016
✨ Row4aCure
🌎 www.row4acure.com
Jacob had an idea to row across Lake Michigan solo in a man-powered boat from Michigan to Chicago (65 miles) to help raise the funds necessary to keep a cancer research lab going. It was a spontaneous and eccentric venture that raised $40,000.
2016-2019
✨ Martini Party
Supporting the research of acclaimed Dr. Mary Beth Madonna. This lab, currently located at Rush University Children's Hospital in Chicago was due to be closed, and with help of this campaign it was able to survive. $50,000 was raised at the event.
2019
✨ Row4Kids
🌎 www.row4kids.com
Jacob joined forces with former Chicago Bear, Charles Tillman, in fight against pediatric cancer. They rowed non-stop across Lake Michigan in a homemade boat on September 1st, 2019. This went on to raise $280,000 dollars.
2020
✨ Roll4aCure
During the pandemic, in partnership with Arizona Cancer Foundation, casino night event was hosted to co-raise funds in support of the cause. Although the pandemic forced cancellation of the event, these people collectively remain focused on the mission and are continuing their efforts. Over $100,000 was raised.
2021 Sep 11th
✨ Martini Party
Once again in support of the incredible research of Dr. Mary Beth Madonna. This time $60,000 was raised to help support the continuation of their amazing work.
2021
✨ CURE Token Launch
Token went on to reach a current ATH of $10,000,000 (million) market cap, and has already gifted over $150,000 in charitable donations and research support.

PS: If you want to make a quick x10 on a project then CURE is not for you. This is a token for people who want to make genuine change in the world, whilst making massive long-term gains. CURE team have Ethereum and Bitcoin in their crosshairs and they seem not to be stopping until CURE is as recognisable to everyone as above mentioned cryptocurrency market leaders. So don’t even invest yet, come visit the telegram and check out website and whitepaper.

Cardano Rumor Rundown November 22, 2021

Hey Everyone!

Let's go...

Newly covered today:

MSN.com runs a positive Motley Fool article on Cardano. https://www.msn.com/en-ca/money/topstories/in-the-world-of-crypto-cardano-could-be-a-real-winner/ar-AAQWzzf
The updated list of Cardano researchers now numbers 152. https://twitter.com/DIGI_StakePool/status/1462536768658542604
A new wallet has been announced. https://twitter.com/TyphonWallet/status/1462410333939658752
Charles dropped a new AMA where he mentioned very briefly that they are actually going to look into read-only UTxOs. If it’s possible to have these types of UTxOs while preserving determinism, it would be a big change since transactions must currently consume inputs. https://www.youtube.com/watch?v=NJcVEJ1a6eg Some background reading on read-only UTxOs: https://github.com/Emurgo/Emurgo-Research/blob/master/smart-contracts/Unlocking%20The%20Potential%20Of%20The%20UTXO%20Model.md

Previously Covered but still interesting:

Remember! There is no mobile Daedalus wallet. There is no browser extension version of Daedalus. These are fakes! They will steal your ADA. https://twitter.com/InputOutputHK/status/1445380773096398853
The “Zombie Lobster” collaboration between Charles Hoskinson and Paul Oakenfold is actually getting coverage by the EDM media outlets! https://edm.com/news/paul-oakenfold-album-cardano-blockchain
dcSpark releases some mockups from the experimental version of its upcoming Flint Wallet. The mockups seem to indicate that the wallet will allow for dApp interaction from hardware wallets. https://twitter.com/FlintWallet/status/1444902727956508674
Charles is interviewed in the Harvard International Review. https://hir.harvard.edu/charles-hoskinson-1/
The Biden Administration has revealed that it is considering an executive order to establish a government wide approach to crypto regulation. https://www.bloomberg.com/news/articles/2021-10-08/white-house-weighs-wide-ranging-push-for-crypto-oversight
The New York Times is now talking about the difficult balancing act the Fed has before it with high inflation and less than promising jobs data creating conflicting priorities. https://www.nytimes.com/2021/10/08/business/economy/fed-jobs-full-employment-inflation.html
Representative Tom Emmer clashes with SEC Head Gensler over the direction of crypto regulation. However, it’s unclear how much Rep. Emmer’s solution (his Securities Clarity Act bill) would solve the problem given that it only relieves issuers of securities regulation burdens after they have already complied with the “registration or exemption” hurdle. https://twitter.com/RepTomEmmer/status/1445465912375590913 https://emmer.house.gov/2021/7/emmer-introduces-legislation-to-provide-certainty-for-digital-assets-under-securities-law
Caitlin Long revisits the articles she wrote years ago about fears of circulation credit in crypto markets. Spoiler: it came and crypto did it to itself. https://twitter.com/CaitlinLong_/status/1446874905241210880
COTI is a licensed payment institution in Singapore. This could get very interesting given their status as the issuer of Djed and the ongoing Monetary Authority of Singapore Blockchain Challenge in which Cardano is a finalist. https://cotinetwork.medium.com/coti-lists-as-a-payment-institution-in-singapore-666c6fcaaab4
Goldman says Evergrande is nothing compared to the potential $8.2 Trillion problem with local government financing vehicles in China. https://www.forbes.com/sites/williampesek/2021/09/30/goldman-flags-82-trillion-threat-worse-than-china-evergrande/?sh=3296c9d515cc https://www.wsj.com/articles/beyond-evergrande-chinas-property-market-faces-a-5-trillion-reckoning-11633882048
Cardano isn’t wrong about Africa. It’s just first. Google is investing $1 Billion in African internet access over the next five years. https://techcrunch.com/2021/10/06/google-confirms-1b-investment-into-africa-including-subsea-cable-for-faster-internet/ https://twitter.com/ghostchainer/status/1445964578257395714
SEC Commissioner Hester Peirce (cryptomom) delivers an opinion piece that investors should be allowed to make their own decisions without SEC paternalism. https://www.cnn.com/2021/10/11/perspectives/sec-commissioner-investors-regulators/index.html
COTI has another AMA that reveals there may be more news soon for Djed. https://twitter.com/theCOTIinvestor/status/1447546724868935684
Heads up: scammers are posing as Yoroi support staff! https://twitter.com/YoroiWallet/status/1446554949782016009
Catalyst Fund 6 has 711 projects on the ballot! https://twitter.com/InputOutputHK/status/1448015757216976903
Coinbase is launching an NFT market. How will this impact the CNFT scene? Coinbase tells us: “...initial launch will support Ethereum based ERC-721 and ERC-1155 standards with multi-chain support planned soon after.” https://blog.coinbase.com/coinbase-nft-is-coming-soon-join-the-waitlist-today-for-early-access-cc7bac29fd72 https://www.cnbc.com/2021/10/12/coinbase-is-launching-a-marketplace-for-nfts.html
Eric Rosengren (who recently left the Boston Fed) let’s us know that the Fed/MIT CBDC project is pretty far along and will release a working paper soon. This would obviously be impactful for all of crypto and for Cardano. https://youtu.be/ivqFo9C2Jdo?t=409
The first project that actually looks like it may one day be a virtual world launches on Cardano and it already has a community built parcel explorer. https://pavia.luiscarlos.pt/
SEC Commissioner Hester Peirce (cryptomom) gave a polite but scathing speech at the Texas Blockchain Summit where she laid bare all the problems with the SEC’s current approach to crypto. After her recent opinion piece and this speech, it’s fair to say that she and SEC Chairman Gensler are in open war over crypto. How this gets resolved will determine the regulatory landscape for Cardano and all of crypto going forward. Sadly, Gensler is in charge and not vice versa. https://twitter.com/HesterPeirce/status/1448011388841037830 https://www.sec.gov/news/speech/peirce-2021-10-08
The Fed may begin tapering it’s Treasury and mortgage backed securities purchases in mid November. This is relevant for the whole economy including crypto. https://www.cnbc.com/2021/10/13/federal-reserve-releases-minutes-from-its-september-policy-meeting.html
Sounds like the Milkomeda sidechain is making good progress. https://twitter.com/NicoArqueros/status/1448447729689059332
Apparently, Putin kind of accepts that crypto might choose to exist. https://www.bloomberg.com/news/articles/2021-10-14/putin-defends-cryptocurrencies-amid-global-regulation-push
Don’t forget: today (Oct 15) is the October Mid-Month Development Update! https://twitter.com/InputOutputHK/status/1448715241961963520
Sounds like Binance was not allowing ADA withdrawals for some period of time. https://twitter.com/Katsumoto87/status/1449723293632634882
The Cardano Africa Tour has commenced with Charles popping up in South Africa. https://twitter.com/IOHK_Charles/status/1449304264849993731
We got a nice Triple H update from Harrison/Hemsley/Hammond joined by Jan Müller in the October mid-Month Dev Update. We learned that we’ll have a maintenance upgrade toward the end of October and then PAB a few weeks later. This is extremely important since it will finally allow for the last bits of dApp buildout. The PAB is already available on the tesnet. The test dApp the team is using is an NFT marketplace. The team is watching as we see high loads around events like NFT drops. But, the network is reacting as expected. https://www.youtube.com/watch?v=XzdTyV5Jejc
Here’s video of the Fireside chat with Charles, Dynal Patel, and John O’Connor at the Cape Innovation & Technology Initiative in South Africa. https://www.youtube.com/watch?v=vmuJFc5Qrr4&t
A brief update dropped from Charles this morning in Africa. https://twitter.com/IOHK_Charles/status/1450124410095030280
Duncan & Sebastien have an interesting discussion on Github that fuels Cardanophobia on the part of ETH maximalists about three weeks later. https://github.com/input-output-hk/cardano-node/issues/3247
The Cardano Foundation is changing its delegation strategy. They will go from primarily delegating to promote decentralization to a new framework focused on delegating to promote ecosystem buildout. https://forum.cardano.org/t/cardano-foundations-new-delegation-methodology-supporting-the-architects-of-the-future/79594
Shahaf Bar-Geffen gives us some more details about the Djed launch. He says IOHK is doing the coding and COTI is doing the business side. https://www.youtube.com/watch?v=dlPmIgJ0tE0
In the Cap Innovation & Technology Initiative Fireside Q&A, Charles mentioned he is talking to Colossol Labs about the possibility of having the Mammoth DeExtinction Project take place on his bison ranch. There are probably some obvious NFT or tokenization use cases there. https://colossal.com/mammoth/ https://www.youtube.com/watch?v=vmuJFc5Qrr4
Three U.S. Senators ask Facebook to discontinue its Novi crypto wallet which just launched. https://www.theverge.com/2021/10/19/22735171/facebook-novi-diem-libra-calibra-cryptocurrency-digital-wallet-zuckerberg-senate https://techcrunch.com/2021/10/19/facebook-scales-back-its-crypto-ambitions-once-again/
There’s a new Frederik Gregaard interview out. https://www.youtube.com/watch?v=uJdRAclhL0Q
People are buying luxury real estate in Portugal with Cardano. https://twitter.com/danny_cryptofay/status/1451113239669092356
Over 292,000 votes were cast in Catalyst Fund 6. https://twitter.com/InputOutputHK/status/1451269575140589577
IOHK announces a partnership with Bondly to create an NFT bridge so that users can move their non-fungible tokens back and forth between Cardano and Ethereum. https://twitter.com/InputOutputHK/status/1451251954496180229
Interesting small thread on how further stumbles by the Chinese economy could affect the global economy which in turn might impact crypto and Cardano. https://twitter.com/i/events/1452290004433125378
Here’s a very nice overview of the Maladex Whitepaper by ADA Whale that breaks down the hidden strengths of eUTxO for DeFi including programmable swaps composability. https://twitter.com/cardano_whale/status/1451835809913470986
The Cardano ecosystem maps are getting so big and dense that they can’t even display logos for the projects anymore. https://twitter.com/Meapool1/status/1450576470133379072/photo/1
There is a report that unstaked ADA is at an all time low of under 8MM ADA. https://twitter.com/IbanxStaking/status/1451944344294883331
Check out this medium article explaining the validator underlying the Spacebudz Market. It’s very elegantly and concisely explained if you have no Haskell/Plutus understanding. It’s even more interesting if you have a tiny bit of understanding of Haskell. https://spacebudz.medium.com/spacebudz-market-71e79d1bbf34
Atala Prism named a top 50 Most Influential Project by PMI. https://twitter.com/IOHKMedia/status/1452544441005248514
Pavia Game Jam is coming. It sounds like they are looking to hire some Unity (game engine) developers and 3D artists. This produce interesting results in a few years. https://twitter.com/Pavia_io/status/1451596816659763213
Charles is releasing some images of meetings with heads of state on his Africa tour. https://twitter.com/IOHK_Charles/status/1452671287977971726 https://twitter.com/IOHK_Charles/status/1452672734580838409/photo/2
There is currently ongoing discussion about the possibility of unexpected tax liability from participation in even Fair Initial Stake Pool Offerings where there are accompanying Initial Dex Offerings. There is even discussion about the potential of exploits that could amplify this unexpected tax liability for all participants. https://twitter.com/mikerogero/status/1452502065381404675 https://medium.com/@mikerogero/tax-implications-of-the-minswap-ido-on-fiso-delegators-and-the-cardano-community-4db219ea8932
We now have a memorandum of understanding with Burundi! https://twitter.com/jjtoconnor/status/1453087264461017092
Fans of certain other Gen 3 blockchains are still getting hilariously worked up when they are confronted with the Messari chart on massive VC ownership of their blockchains. https://twitter.com/TamaraHaasen/status/1452924338047496193
The new IOG stake pool delegations are out. https://twitter.com/InputOutputHK/status/1453041459477819398
Cardano Fans is putting out some really good pieces posed as “Conversations with a Junior Blockchain Developer”. Very educational on the technical advantages of Cardano over other Gen 3 blockchains. https://twitter.com/matiwinnetou/status/1452911202913464328
ETH based platforms are still not faring well at NOT losing the money of users. https://twitter.com/Swag_Stakepool/status/1453392923672915968
dcSpark is making progress on the Milkomeda sidechain. ADA transitions from Cardano testnet to Milkomeda testnet now working. https://twitter.com/Milkomeda_com/status/1453421947157716992
The stark differences between being a validator on ETH and a Cardano validator are once again put on full display. https://twitter.com/evan_van_ness/status/1453133337334272000
There’s a new Djed explainer video out now from IOHK. https://www.youtube.com/watch?v=5-Ozaf_aGNM&t=1s
Cardano 360 October Edition is now out and available! https://youtu.be/R0s3lPG8XDw
The crypto time traveler is back after many months of being gone (i.e. purportedly being in the future). His first prediction after returning was about big news and a crown which was later revealed to concern the health of the Queen. His second prediction was about Cardano and gigantic success. https://twitter.com/CryptoTimeTrav2/status/1452827679300849670
Charles was at the Ethiopian Ministry of Education today. He reports that the onboarding of the five million students is on track. https://twitter.com/IOHK_Charles/status/1453697314187534343
The Ministry of Finance of Ethiopia has posted pics of the Cardano team meeting with them! This is an interesting turn of events. The ministry posted about a “readiness to incorporate avant-garde technology in areas of #Agri Tech, logistics, and digitization”. https://twitter.com/MoF_Ethiopia/status/1453717850766540808
There is a new IOHK blog entry on Mithril. https://iohk.io/en/blog/posts/2021/10/29/mithril-a-stronger-and-lighter-blockchain-for-better-efficiency/
You might have missed this IOHK blog entry on how dApp certification will be incorporated into the new light wallet (I know I did). https://iohk.io/en/blog/posts/2021/10/25/new-certification-levels-for-smart-contracts-on-cardano/
The Cardano dApp Store is looking like it’s going to be amazing. Curation & certification without gatekeeping is a great solution to preserve decentralization and maintain censorship resistance. https://summit.cardano.org/sessions/redefining-dapp-discovery-bringing-dapps-to-the-mass-market
There’s also a new update on Crypto Bisons! https://iohk.io/en/blog/posts/2021/10/28/buffalo-soldiers-march-to-the-heart-of-the-blockchain/
Charles released a new AMA from Ethiopia! https://www.youtube.com/watch?v=L5au7JEPMaM
The U.S. President’s Working Group on Financial markets has published its Stablecoin Report. No surprise: they want to regulate stablecoin issuers as insured depository institutions with federal supervisors and to curtail their affiliation with commercial entities. They also want to curtail such affiliations for custodial wallet providers. https://home.treasury.gov/system/files/136/StableCoinReport_Nov1_508.pdf
It turns out there are some big chain reorg vulnerabilities in ETH 2.0. https://arxiv.org/pdf/2110.10086.pdf But, maybe ETH has already got fixes planned? https://twitter.com/casparschwa/status/1450785316865024000
A partnership among World Mobile, IOHK, and Zanzibar has been announced! It’s a five year plan that focuses on education, eGov solutions, the Blue Economy (sustainable fisheries), replicating the Blue Economy model in tourism | agriculture | & telecommunications. https://worldmobile.io/blog/post/partnering-with-zanzibar-blockchain-hub/
Alessandro has a great idea (multi-sig) to improve NFT drops over his original model that is now used by pretty much everybody! This would help mitigate the hassle of refunds and reduce some congestion. https://twitter.com/berry_ales/status/1455473647934742530
It feels crazy that we have over 2 million Cardano wallets out there these days. Our small ecosystem has become a gigantic one. https://datastudio.google.com/u/0/reporting/3136c55b-635e-4f46-8e4b-b8ab54f2d460/page/k5r9B
The Plutus Application Backend integration process has begun! https://twitter.com/InputOutputHK/status/1455905122802864138
Pavia has revealed proposals for parcel size in their metaverse. https://twitter.com/Pavia_io/status/1455915006395101188
Mark Stopka takes everyone to school on how “pool extractable value” can still be a thing in Cardano if dApp Developers don’t plan for designs that prevent it. https://youtu.be/0VloKsDjW70
Nami Wallet will soon support hardware wallets! https://twitter.com/NamiWallet/status/1456375916918083588
SundaeSwap has unveiled its own concurrency solution. https://twitter.com/SundaeSwap/status/1456338509870952450
A University of Virginia School of Law lecturer outlines a crypto related “hidden felony” in the Infrastructure Bill. https://www.decential.io/features/defi-and-the-digital-asset-felony-hidden-in-the-infrastructure-bill
IOG drops it’s Sustainability Report. https://static.iohk.io/green-blockchain-paper.pdf
We get a view of what can actually be built on a Pavia single Parcel and news that the Pavia Map v.2 will launch soon with wallet linking and custom images. https://twitter.com/Pavia_io/status/1456667167680831491 https://twitter.com/Pavia_io/status/1456523907280822273
The Plutus Application Backend (PAB) Beta has been released! Developers of Cardano dApps can now begin experimenting on the testnet! This is a big milestone! https://twitter.com/InputOutputHK/status/1456683592726233097
Apparently Cardano’s transaction volume just last month in October was double all of 2020!?! https://twitter.com/CardanoStiftung/status/1456730746861748224
Looks like Cardano (at least the logo) made the cover of the Economist?!?! https://twitter.com/cardano_whale/status/1457327848285376513
We just saw an instance of Yoroi wallet dApp Connector integration! https://twitter.com/SundaeSwap/status/1457396024822075409
We saw an all time high of +61k native assets issued on Cardano in one day recently! https://twitter.com/thinkgrowcrypto/status/1457130708300824576
World Mobile just dropped a great video documenting the IOHK/World Mobile/Zanzibar visit. https://twitter.com/WorldMobileTeam/status/1457800436501467136
It looks like Zimbabwe is looking into crypto adoption! https://twitter.com/BitcoinMagazine/status/1457703228192301058
Apparently, there’s a new partnership between COTI and the Cardano Foundation. Sounds like we’ll hear details on November 10. https://twitter.com/shahafbg/status/1457665945963532294
There is a Spacebudz ad running on the Nasdaq screen in Times Square right now (November 8-14). https://twitter.com/budzdegen/status/1457706024778014720
The IOHK Haskell course in Ghana will include 80 students! https://iohk.io/en/blog/posts/2021/11/05/empowering-a-new-generation-of-innovators-in-ghana/
A new Cardano NFT store has sprung up mentioning smart contract support and royalties for creators. https://twitter.com/jpgstoreNFT/status/1457548567032184832
Terra Virtua is saying we’ll have our Cardano Summit 2021 NFTs by November 10th. https://twitter.com/TerraVirtuaHQ/status/1457800095101976578
COTI is now talking about news of an IOHK Partnership to be announced on Nov. 10 in addition to the previous announcement of an announcement of the new Cardano Foundation partnership slated to be announced Nov. 10 6pm UTC. https://twitter.com/COTInetwork/status/1458129369482792967
Here’s a beautiful thread explaining how one of Cardano’s big competitor’s tps claims may be HIGHLY misleading. https://mobile.twitter.com/EdnStuff/status/1457875177052643333
The Galaxy Digital paper on Gen 3 blockchains is out. I think some may definitely take issue with their description of the capabilities of eUTxO smart contracts in the Cardano section. https://twitter.com/cardano_whale/status/1458271252993302535
The Catalyst Natives program rolls out with a COTI ADAPay challenge to develop ADAPay plugins for medium & small businesses. https://iohk.io/en/blog/posts/2021/11/10/introducing-catalyst-natives-how-any-business-can-leverage-the-cardano-innovation-engine/
The “Director of Ops” of ENS Domains runs a poll about whether or not ENS Domains or Cardano has more utility. At writing, over 30k voters had surprised him with the answer he didn’t expect.. https://twitter.com/BrantlyMillegan/status/1458268301100990467
IOHK drops a blog entry on optimizing network performance. https://iohk.io/en/blog/posts/2021/11/10/optimizing-cardano/
Looks like we’ll be getting both the PAB & the ERC-20 Converter in the “next several weeks”. https://twitter.com/DanielTetsuyama/status/1458209250950332418
In macro news that could affect Cardano and all of crypto 30 year treasury bonds went vertical, and news of the +6% inflation in the US broke widely. https://twitter.com/CaitlinLong_/status/1458507405675880452
World Mobile dropped a nice youtube AMA for us. Very interesting details came up about Microsoft Airband, Google Project X, and Project Taara. https://twitter.com/WorldMobileTeam/status/1458718340931858435
Weiss highlights that Cardano addresses participating in staking have grown by 100k in two months. https://twitter.com/WeissCrypto/status/1458845224671887362
The Cardano Summit 2021 Terra Virtua NFTs have arrived. Check your inventory if you did all the tasks in the Summit’s virtual worlds. https://terravirtua.io/inventory
Pavia dropped a more detailed roadmap with live events scheduled for the plaza in Q3 2022. https://twitter.com/Pavia_io/status/1459246398046674945
Charles is back in Colorado and has dropped a full AMA. https://youtu.be/nnDWc6uP6gs
The November mid-month IOHK Development Update is now out! https://twitter.com/InputOutputHK/status/1459250049414799368
Seeing reports that Cardano’s 24 hour volume recently exceeded Ethereum! https://twitter.com/cardano_daily/status/1460238659098005504
We’ve seen a very nice and steady rise in transactions over the last 15 days! https://twitter.com/WillyzPortico/status/1460221046112456704
The January Haskell class in Ghana will include 80 students! https://twitter.com/IOHK_Charles/status/1460259961313837058
IOHK has dropped their new article on eUTxO dApp architecture. It explains in detail a design for an eUTxO order book. https://iohk.io/en/blog/posts/2021/11/16/architecting-dapps-on-the-eutxo-ledger/
Apparently we saw over 1MM transactions in Epoch 302. https://twitter.com/ccvaultio/status/1460673461614006276
Looks like Cardano is seeing a huge amount of on-chain activity. The crazy part is this is all pre-PAB. Just wait until dApps can actually launch! Unsurprisingly, some supporters of other chains were shocked to realize they didn’t understand the difference between exchange trading volume and actual blockchain use volume. https://twitter.com/cardano_daily/status/1460238659098005504 https://messari.io/screener/most-active-chains-DB01F96B
Charles drops a short regulatory update letting us know about the proposed bill to fix the highly faulty Infrastructure Bill language and another new bill to lay out a pro-crypto comprehensive regulatory framework for crypto (including definitions for utility coins). https://youtu.be/AcBuk0zHLfU
Here’s the announcement and the bill from Senators Lummis & Wyden to fix the bad crypto language in the Infrastructure Bill. https://www.lummis.senate.gov/press-releases/wyden-lummis-introduce-bill-to-fix-broker-definition-for-digital-assets/ https://www.lummis.senate.gov/wp-content/uploads/GAI21B7321.pdf
Senator Lummis reveals that she is working on a big crypto bill as expected. https://twitter.com/SenLummis/status/1461004206588968965
CIP-0030 Related to the dApp Connector has been merged. https://twitter.com/stakenuts/status/1460891981417267205
Be aware that fake stakepools are a thing! https://twitter.com/berry_ales/status/1460917711920414723
Here is the coming onslaught of Cardano dApps summed up in just six lines. https://twitter.com/DCdoso/status/1461340919731523586
Pavia says they will drop the extended land map next week and that it will include some new land types. https://twitter.com/Pavia_io/status/1461331532069711876
The smaller “fix-it” bill that would attempt to remedy the bad crypto language in the Bipartisan Infrastructure Bill has now been introduced in the House of Representatives. https://twitter.com/jerrybrito/status/1461317078175072263
Charles says input endorsers can improve the performance of the base layer by a factor of 20-40x!!!! https://youtu.be/Lf2C4fq4ZY4?t=790

~Army of Spies

Sunday, November 21, 2021

How Blockchain is Shaping the Future of Finance

With the emergence of Bitcoin and Altcoins into the mainstream during the last bull market, the concept of blockchain has often been confused with cryptocurrencies. While blockchain is the technological layer upon which cryptocurrencies are built, it is worth explaining overall how it lays the foundations to secure financial transactions and create trust between parties. This introductory paper briefly explains what blockchain is in general and what benefits they provide to users.

What’s a Blockchain?

A blockchain is a digital and decentralized ledger that contains data that is stored as a list of records, called blocks. These blocks link to one another in a chain through the use of cryptographic algorithms. From a simpler viewpoint, the blockchain can be seen as a layer of the internet that allows for secure records to be kept and trusted transactions to occur.

The blockchain maintains an up-to-date and official copy of the ledger across a peer-to-peer network of distributed computers, which is agreed on by a collective governance protocol that specifies the rules of inter-node communication and block validation. For this reason, the blockchain fully eliminates the need for a centralized institution to act as an intermediary, and instead uses cryptography and collaboration through consensus to create trust.

How Decentralization Amplifies Security

By design, the blockchain provides several advanced layers of security that strongly outperform more traditional cybersecurity systems. The use of cryptographic algorithms converts any input fed to the blockchain into a unique encrypted output of a fixed length that cannot be reverted to its original state. This public key cryptography method allows for the management of users' identities, while still preserving their anonymity. Put differently, the technology enables people to prove who they are without the need for public disclosure.

Since each block contains a cryptographic footprint or hash of the previous block, any changes made to the original input will then produce a dissimilar output, recognizably breaking its link to the subsequent blocks. Because of this, any attempts of fraud are instantly made visible. To further ensure its sophisticated security measures, the blockchain is a data structure where information can only be supplemented— it cannot be changed, tampered with, or deleted in any way.

Because the current state of the ledger is determined through a consensus protocol (e.g., derived from the version held by a majority of computers), the distribution of information across nodes prevents security breaches from single computer hacks. While security in traditional environments is primarily boundary-focused, the blockchain protects its data by copying it to as many locations as possible, rendering modifications to all copies reasonably infeasible.

To go even deeper, the generation of new blocks involves the selection of a creator among a pool of candidates through a consensus protocol, making it almost impossible for an attacker to become a legitimate nominee. Additionally, each block structure is defined in advance so that attackers cannot modify it to suit their purposes. The combination of its decentralized ecosystem combined with data encryption makes the blockchain highly hack-resistant, guarantees data integrity and the immutability of the ledger.

Transparency Through Disintermediation

In the blockchain, every user owns their data. This is novel in comparison to traditional third-party transactions, where all transactional operations require a level of trust regarding the institutions’ ability to ensure their security and validity. The intermediary structure also entails that the middlemen possess all corresponding data, at least temporarily, which strengthens their position although they are rarely the most significant actors in the value chain.

By contrast, the blockchain transfers trust from organizations to a technology layer, which enables people to perform peer-to-peer transactions without going through third parties at all. In this sense, the blockchain functions in a completely transparent manner because the history of the ledger remains immutable and its data integrity is always visible and verifiable by anyone at any time.

Therefore, every participant on the blockchain is notified when a transaction occurs. They all own an identical copy of the transaction record shared throughout the network. As a result, every piece of information on the blockchain can be traced back to the exact moment it was created. This system greatly facilitates the conduct of audit processes, since all information is not only available to all users but deemed reliable.

Streamlining with Smart Contract Automatization

When parties sign contracts, they need to be able to specify conditions. The use of smart contracts makes it so that users can flexibly interact with the blockchain. Smart contracts are self-executed codes that offer the ability to define the procedure or the steps and the outcome of a process when some particular events or conditions occur.

For instance, a smart contract can make it so that the seller has the tokens and that the buyer has the money to acquire them before the transactions happen. As such, they provide a stable framework to execute automated processes, without the need or intervention of middlemen such as lawyers, brokers, or auditors.

Removing intermediates greatly improves process efficiency and cuts costs. Shifting from third parties and implementing automation also enhances accuracy by eliminating human mistakes and inconsistencies. Finally, utilizing the blockchain and smart contracts provides a backup solution that ensures the permanent record and traceability of transactions as well as consistency in the services provided, even when their creator is no longer in the business.

To conclude, the blockchain is a tool that helps shape the future of finance by allowing for greater transparency, safety, efficiency, and the lowering of associated costs of carrying out exchanges— all in all creating more value for the user. For Liti Capital, the blockchain is a means to provide exposure to high-return and bear market-friendly litigation assets to everyone. For more information, click here.

CURE 💗 Charity first, token second 🧡 Audited by Certik 💙 NASCAR deal secured and London Underground advert campaign in motion... 💚 Fully doxxed team 🤍 Listed on CMC and CG 💜 Join today !

🔒 CURE passed and secured audit by Certik with zero major issues!
🏎️ NASCAR deal also secured! Implying wrapping and sponsoring a car all next year AND taking over their website.
🚊 Potential London Underground advertising opportunities are being discussed at the moment!
🍒 Cherry on top:
Major ambassadors from health, fitness and music industries...
Interest from major exchanges...
Complete billboard takeover of Miami...
More to come...
Oh, and did I forget to also mention these about CURE? 👇
👨‍🔬 Fully Doxxed & Known Dev
🙋‍♀️🙋‍♂️ Team Lead, Community Driven
🔐 Liquidity Locked
📊 CMC & CG Listed
💸 Buyback System