If The Nobel Prize Is A Long Shot, Satoshi Nakamoto Deserves The Turing Award
Blockchain technology can be described as one of the most profound innovations over the last decade. At the heart of this renaissance is Satoshi Nakamoto and in recognition of his efforts, he deserves the Turing Award.
Nakamoto Has Earned His StripesIn 2009, Nakamoto birthed bitcoin after mining the Genesis block, officially creating the world’s first blockchain database. The ripple effect of his code has been nothing but impressive as blockchain tech has permeated virtually every aspect of our lives. It triggered a $2 trillion cryptocurrency market and has seen applicability through DeFi, DApps, and NFTs. Following the footprints he laid, several blockchains have been created to build a “trustless and fully decentralized peer-to-peer immutable data storage.”
In light of this, it can be argued that Satoshi Nakamoto should be deserving of some recognition beyond that of a statue. The Nobel Prize for Economics or maybe Peace might be fitting for Nakamoto but critics might argue that the economic revolution of blockchain and cryptocurrencies have not yet been completed or the tech has a history of being used for facilitating illicit transactions. While the Nobel Prize may be considered as being a long shot for the founder, he probably deserves the Turing Award.
Blockchain technology can be described as one of the most profound innovations over the last decade. At the heart of this renaissance is Satoshi Nakamoto and in recognition of his efforts, he deserves the Turing Award.
Nakamoto Has Earned His StripesIn 2009, Nakamoto birthed bitcoin after mining the Genesis block, officially creating the world’s first blockchain database. The ripple effect of his code has been nothing but impressive as blockchain tech has permeated virtually every aspect of our lives. It triggered a $2 trillion cryptocurrency market and has seen applicability through DeFi, DApps, and NFTs. Following the footprints he laid, several blockchains have been created to build a “trustless and fully decentralized peer-to-peer immutable data storage.”
In light of this, it can be argued that Satoshi Nakamoto should be deserving of some recognition beyond that of a statue. The Nobel Prize for Economics or maybe Peace might be fitting for Nakamoto but critics might argue that the economic revolution of blockchain and cryptocurrencies have not yet been completed or the tech has a history of being used for facilitating illicit transactions. While the Nobel Prize may be considered as being a long shot for the founder, he probably deserves the Turing Award.
Forwarded from TrendGuru AI
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Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
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What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
💵💵💵
Closed deal FTM/USDT
Open: $0.26867, 06.08.2021
Close: $1.3955, 08.09.2021
Profit: +419.41%
Duration: 33 days
💵💵💵
What Is FTM?
Fantom is a directed acyclic graph (DAG) smart contract platform providing decentralized finance (DeFi) services to developers using its own bespoke consensus algorithm.Together with its in-house token FTM, Fantom aims to solve problems associated with smart-contract platforms, specifically transaction speed, which developers say they have reduced to under two seconds.The Fantom Foundation, which oversees the Fantom product offering, was originally created in 2018, with the launch of OPERA, Fantom’s mainnet, coming in December 2019.
The platform’s compatibility with Ethereum means that users can purchase an ERC-20 standard FTM, which is automatically converted to native FTM once received to their wallet. Another version of FTM is available on Binance Chain using its BEP2 standard. Only the native FTM can be used on the Fantom OPERA mainnet itself.
Fantom attempts to use a new scratch-built consensus mechanism to facilitate DeFi and related services on the basis of smart contracts.
The mechanism, Lachesis, promises much higher capacity and two-second transaction finalization, along with improvements to security over traditional PoS algorithm-based platforms.
Matching Ethereum, the project appeals to developers looking to deploy decentralized solutions. According to its official literature, its mission is to “grant compatibility between all transaction bodies around the world.”
Its in-house PoS token, FTM, forms the backbone of transactions, and allows fee collection and staking activities, along with the user rewards the latter represents.
Subscribe to @TrendGuruBot and earn hundreds of percent on such projects with our AI.
CEX.IO Exchange has reduced the fees for withdrawal to Visa cards to 2.5%
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Jesse Sullivan, a Conservative with a Crypto Background, Is Running for Governor of Illinois
37-year-old Jesse Sullivan is a Republican businessman that’s entering the race for the governorship of Illinois. Right now, the governor’s position is held by J.B. Pritzker, a billionaire and heir to the Hilton hotel fortune.
Sullivan Is Making a Run for GovernorWhat makes Sullivan so unique? He established a nonprofit organization that survived primarily thanks to cryptocurrency donations. Sullivan has worked primarily as a venture capitalist prior to entering politics. His company – known as Alter Global – ultimately made limited financial investments in different projects, but most of the company’s funding came by way of cryptocurrency.
The structure of this business changed in January of 2020. Sullivan made the company a for-profit LLC, and to this day, the firm has made more than two dozen investments. Records show that many of these investments have been in developing or third-world countries, though none have been made in Illinois.
37-year-old Jesse Sullivan is a Republican businessman that’s entering the race for the governorship of Illinois. Right now, the governor’s position is held by J.B. Pritzker, a billionaire and heir to the Hilton hotel fortune.
Sullivan Is Making a Run for GovernorWhat makes Sullivan so unique? He established a nonprofit organization that survived primarily thanks to cryptocurrency donations. Sullivan has worked primarily as a venture capitalist prior to entering politics. His company – known as Alter Global – ultimately made limited financial investments in different projects, but most of the company’s funding came by way of cryptocurrency.
The structure of this business changed in January of 2020. Sullivan made the company a for-profit LLC, and to this day, the firm has made more than two dozen investments. Records show that many of these investments have been in developing or third-world countries, though none have been made in Illinois.
Play-To-Earn Project Good Games Guild Closes $1.7 Million Fundraising Round
October 29, 2021 – Jakarta, Indonesia
Good Games Guild, the play-to-earn game hub, has closed its seed fundraising round collecting $1.7 million from a list of notable investors.Specifically, NGC led the round with OKEx Blockdream Ventures, Chromia, LD Capital, Basics Capital, Twin Apex Capital, Kyros Ventures, Titan Ventures, Mapleblock, Fomocraft Ventures, ExNetwork Capital, Master Ventures, AU21, Signal Ventures, OIG, Dutch Crypto Investor, Alves Ventures, Kieran from Illuvium and Scorpio VC joining as well.
Good Games Guild is a gaming hub for play-to-earn games based on NFTs and collectible tokens. By sponsoring users in play-to-earn games – a phenomenon that recently gained major traction – and offering the possibility to collect and trade digital assets, Good Games Guild’s targets to become the largest virtual economy hub.
October 29, 2021 – Jakarta, Indonesia
Good Games Guild, the play-to-earn game hub, has closed its seed fundraising round collecting $1.7 million from a list of notable investors.Specifically, NGC led the round with OKEx Blockdream Ventures, Chromia, LD Capital, Basics Capital, Twin Apex Capital, Kyros Ventures, Titan Ventures, Mapleblock, Fomocraft Ventures, ExNetwork Capital, Master Ventures, AU21, Signal Ventures, OIG, Dutch Crypto Investor, Alves Ventures, Kieran from Illuvium and Scorpio VC joining as well.
Good Games Guild is a gaming hub for play-to-earn games based on NFTs and collectible tokens. By sponsoring users in play-to-earn games – a phenomenon that recently gained major traction – and offering the possibility to collect and trade digital assets, Good Games Guild’s targets to become the largest virtual economy hub.
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Kaiko launches decentralized exchange (DEX) trade data feed
Kaiko, a cryptocurrency market data provider, today announced the launch of its decentralized exchange (DEX) data feed. Historical and live tick-level trade and aggregated data are now available for Uniswap V2, Uniswap V3, Sushiswap, Curve Finance, and Balancer V1. Data for DEX aggregator 1inch is also available.
Decentralized exchanges play a major role in the DeFi economy, with thousands of digital assets listed and traded, and more than $600 billion in traded volume since August 2020.
Kaiko, a cryptocurrency market data provider, today announced the launch of its decentralized exchange (DEX) data feed. Historical and live tick-level trade and aggregated data are now available for Uniswap V2, Uniswap V3, Sushiswap, Curve Finance, and Balancer V1. Data for DEX aggregator 1inch is also available.
Decentralized exchanges play a major role in the DeFi economy, with thousands of digital assets listed and traded, and more than $600 billion in traded volume since August 2020.
Oppenheimer’s Director Speaks Boldly On Institutional Adoption And Tips Coinbase To Be A Top Performing Asset
In an interview with CNBC, Executive Director of Oppenheimer Holdings, Owen Lau, talked about his favorite stocks for next year. The financial analyst expects Coinbase to blow away the competition.
Institutional Interest And Retail Payment Options To Pave The WayCoinbase’s stock (NASDAQ: COIN) is currently trading around the $254.55 price point and Owen Lau revealed that he expects the stock to get as high as $444 by next year as investors latch on the train.
When questioned about the path he expects the stock to take to get there, he said, “increased institutional interest and retail payment options.” In addition, the executive expects that institutions will get more invested in crypto and not just Bitcoin. He tips “Ethereum and Solana too,” as potential assets for investors to pursue.
In an interview with CNBC, Executive Director of Oppenheimer Holdings, Owen Lau, talked about his favorite stocks for next year. The financial analyst expects Coinbase to blow away the competition.
Institutional Interest And Retail Payment Options To Pave The WayCoinbase’s stock (NASDAQ: COIN) is currently trading around the $254.55 price point and Owen Lau revealed that he expects the stock to get as high as $444 by next year as investors latch on the train.
When questioned about the path he expects the stock to take to get there, he said, “increased institutional interest and retail payment options.” In addition, the executive expects that institutions will get more invested in crypto and not just Bitcoin. He tips “Ethereum and Solana too,” as potential assets for investors to pursue.
Quantum Computers Will Make Bitcoin Vulnerable in the Future, Researchers Say: Report
A team of quantum computing experts believes that the technology’s expanding capabilities will inevitably pose a threat to the security of Bitcoin (BTC).
In a new report, The Independent highlights research exploring the massive computational potential of quantum machines that could one day compromise the security of Bitcoin.
A team of quantum computing experts believes that the technology’s expanding capabilities will inevitably pose a threat to the security of Bitcoin (BTC).
In a new report, The Independent highlights research exploring the massive computational potential of quantum machines that could one day compromise the security of Bitcoin.
Litchain Crypto Mining Company Opens in South Carolina
Another cryptocurrency data mining center has joined the digital craze. Known as Litchain Corp., the company was founded by Tony Tate – who is also the CEO – and is slated to create as many as 300 new jobs that pay a minimum of $60,000 per year.
Litchain Corp. Is Ready for BusinessThe mining center was established in an old warehouse owned by Gaffney Public Works. Based in South Carolina, Litchain is entering an arena that has stirred some heavy controversy in recent years, with some being all for it, and others claiming it’s wreaking havoc on our environment. Gerald Dwyer – professor of economics and BB&T scholar at Clemson University – said in a recent interview:
Cryptocurrency mining operations are an important part of the operation of bitcoin and most other cryptocurrencies. Mining operations use large groups of dedicated computers to try to solve a numerical problem, which is part of verifying new blocks of transactions. These mining operations use relatively knowledgeable employees who are well paid. Having these mining operations here can be a distinct benefit to the employed workers and help to increase South Carolina’s involvement in new advanced technology.
Another cryptocurrency data mining center has joined the digital craze. Known as Litchain Corp., the company was founded by Tony Tate – who is also the CEO – and is slated to create as many as 300 new jobs that pay a minimum of $60,000 per year.
Litchain Corp. Is Ready for BusinessThe mining center was established in an old warehouse owned by Gaffney Public Works. Based in South Carolina, Litchain is entering an arena that has stirred some heavy controversy in recent years, with some being all for it, and others claiming it’s wreaking havoc on our environment. Gerald Dwyer – professor of economics and BB&T scholar at Clemson University – said in a recent interview:
Cryptocurrency mining operations are an important part of the operation of bitcoin and most other cryptocurrencies. Mining operations use large groups of dedicated computers to try to solve a numerical problem, which is part of verifying new blocks of transactions. These mining operations use relatively knowledgeable employees who are well paid. Having these mining operations here can be a distinct benefit to the employed workers and help to increase South Carolina’s involvement in new advanced technology.
LBank Exchange Will List Rewardeum (REUM) on March 4, 2022
INTERNET CITY, DUBAI, Feb. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list Rewardeum (REUM) on March 4, 2022. For all users of LBank Exchange, the REUM/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 4, 2022.
As a next-generation 2-layered sustainable reward generating project, Rewardeum (REUM) diminishes the known issue of rewards’ depletion due to dependency with volume that all other reward projects inevitably face, and ensures that daily rewards remain consistent across fluctuating trading volume with features such as Dynamic Tax Pool and Smart Pool mechanism. Its native token REUM will be listed on LBank Exchange at 18:00 (UTC+8) on March 4, 2022, to further expand its global reach and help it achieve its vision.
INTERNET CITY, DUBAI, Feb. 25, 2022 – LBank Exchange, a global digital asset trading platform, will list Rewardeum (REUM) on March 4, 2022. For all users of LBank Exchange, the REUM/USDT trading pair will be officially available for trading at 18:00 (UTC+8) on March 4, 2022.
As a next-generation 2-layered sustainable reward generating project, Rewardeum (REUM) diminishes the known issue of rewards’ depletion due to dependency with volume that all other reward projects inevitably face, and ensures that daily rewards remain consistent across fluctuating trading volume with features such as Dynamic Tax Pool and Smart Pool mechanism. Its native token REUM will be listed on LBank Exchange at 18:00 (UTC+8) on March 4, 2022, to further expand its global reach and help it achieve its vision.
Thunderous Rally for Cosmos-Based Altcoin Is Not Over Yet, According to Top Analyst Michaël van de Poppe
A leading crypto analyst says the booming rally of Cosmos (ATOM)-based altcoin THORChain (RUNE) isn’t finished making some noise.
THORChain has been on a tear for the last month, rising 147% from $4.85 on March 1 to $11.99 at time of writing.
Despite RUNE’s incredible gains, leading crypto analyst Michaël van de Poppe tells his 579,500 followers in a tweet that THORChain still has some gas in the tank.
A leading crypto analyst says the booming rally of Cosmos (ATOM)-based altcoin THORChain (RUNE) isn’t finished making some noise.
THORChain has been on a tear for the last month, rising 147% from $4.85 on March 1 to $11.99 at time of writing.
Despite RUNE’s incredible gains, leading crypto analyst Michaël van de Poppe tells his 579,500 followers in a tweet that THORChain still has some gas in the tank.
Coinbase CEO Brian Armstrong Says Europe’s New Crypto Law Eviscerates EU’s Privacy Standards
Coinbase CEO Brian Armstrong says the EU’s new law on unhosted cryptocurrency wallets is anti-innovation, anti-privacy and anti-law enforcement.
The EU Parliament’s Committee on Economic and Monetary Affairs and Committee on Civil Liberties, Justice and Home Affairs just voted in favor of a proposal requiring crypto exchanges to collect and submit the information of customers who use self-hosted digital wallets.
Coinbase CEO Brian Armstrong says the EU’s new law on unhosted cryptocurrency wallets is anti-innovation, anti-privacy and anti-law enforcement.
The EU Parliament’s Committee on Economic and Monetary Affairs and Committee on Civil Liberties, Justice and Home Affairs just voted in favor of a proposal requiring crypto exchanges to collect and submit the information of customers who use self-hosted digital wallets.
Central African Republic Looks To Strengthen Economic Trajectory With Bitcoin As Legal Tender
It’s been over seven months since El Salvador became the first nation in the world to adopt bitcoin as legal tender — though the transition has been rocky.
Now, the Central African Republic has become the second sovereign state to embrace bitcoin on a national level.
The Central African Republic Takes El Salvador-Style Leap Into CryptoThe Central African Republic has become the center of hot buzz in the cryptosphere in recent days following reports of it adopting bitcoin similar to El Salvador.
The reports were confirmed on Wednesday by a statement from President Faustin Archange Touadera’s office, which indicated that he signed into law a bill that recognizes bitcoin as legal tender alongside the CFA franc. The crypto bill had been introduced by Justin Gourna Zacko, the minister of the digital economy, and the minister of finance and budget, Calixte Nganongo.
It’s been over seven months since El Salvador became the first nation in the world to adopt bitcoin as legal tender — though the transition has been rocky.
Now, the Central African Republic has become the second sovereign state to embrace bitcoin on a national level.
The Central African Republic Takes El Salvador-Style Leap Into CryptoThe Central African Republic has become the center of hot buzz in the cryptosphere in recent days following reports of it adopting bitcoin similar to El Salvador.
The reports were confirmed on Wednesday by a statement from President Faustin Archange Touadera’s office, which indicated that he signed into law a bill that recognizes bitcoin as legal tender alongside the CFA franc. The crypto bill had been introduced by Justin Gourna Zacko, the minister of the digital economy, and the minister of finance and budget, Calixte Nganongo.
Coinweb is one of the most promising projects
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Now the price of CWEB token on exchanges Gate.io and Kucoin grows against the market. The project is the killer of DOT and similar services. Now its price is only $0.02, although at the start of trading a few months ago it was worth more than $0.2. Analysts agree that the token could be worth more than $0.5 by the fall, and will reach $1 in 2023.
Binance Could Launch Crypto Trading Services In The Emirates By June 2022
Binance is set to launch its full-stack regulated cryptocurrency trading platform across jurisdictions in the Emirates as the exchange pushes to establish a presence in the Middle East.
According to SCMP, the service could launch as early as June 2022. CZ’s exchange is working with local banks and hiring compliance experts across the Emirates to ensure the platform aligns with established regulatory policies, per the report.
Binance is set to launch its full-stack regulated cryptocurrency trading platform across jurisdictions in the Emirates as the exchange pushes to establish a presence in the Middle East.
According to SCMP, the service could launch as early as June 2022. CZ’s exchange is working with local banks and hiring compliance experts across the Emirates to ensure the platform aligns with established regulatory policies, per the report.
Plan B’s Stock-to-Flow Price Model Denounced by Vitalik Buterin, Says Model Can Be ‘Harmful’
For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price model have been criticized a great deal. On Tuesday, Ethereum’s co-founder Vitalik Buterin denounced the S2F price model and said “financial models that give people a false sense of certainty” can be “harmful,” and they deserve to be mocked.
Plan B’s Stock-to-Flow Bitcoin Price Model Is Not as Popular as It Once WasA few specific price models have been mocked this week as people have noticed that bitcoin’s price has not followed the “Rainbow” price indicator and Plan B’s famous stock-to-flow price model. The pseudonymous creator of the S2F model caught the attention of the crypto community years ago on March 22, 2019, when he published an editorial called “Modeling Bitcoin’s Value with Scarcity.” When things got bullish in late 2020 and into 2021, Plan B’s statements and price model were revered and at times, the analyst’s predictions were on point.
In January 2021, bitcoin’s (BTC) USD value was seemingly following the S2F model and at the time Plan B said: “bitcoin stock-to-flow model [is] on track… like clockwork.” Toward the end of June 2021, Plan B gave an update on his “worst case scenario for 2021.” The analyst said: “Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K.”
For a few years now, the pseudonymous creator of the popular stock-to-flow (S2F) bitcoin price model, Plan B, has become a very well known bitcoin influencer gathering 1.8 million Twitter followers. However, after the S2F price model didn’t come to fruition and dropped well below the price targets in 2022, Plan B and his price model have been criticized a great deal. On Tuesday, Ethereum’s co-founder Vitalik Buterin denounced the S2F price model and said “financial models that give people a false sense of certainty” can be “harmful,” and they deserve to be mocked.
Plan B’s Stock-to-Flow Bitcoin Price Model Is Not as Popular as It Once WasA few specific price models have been mocked this week as people have noticed that bitcoin’s price has not followed the “Rainbow” price indicator and Plan B’s famous stock-to-flow price model. The pseudonymous creator of the S2F model caught the attention of the crypto community years ago on March 22, 2019, when he published an editorial called “Modeling Bitcoin’s Value with Scarcity.” When things got bullish in late 2020 and into 2021, Plan B’s statements and price model were revered and at times, the analyst’s predictions were on point.
In January 2021, bitcoin’s (BTC) USD value was seemingly following the S2F model and at the time Plan B said: “bitcoin stock-to-flow model [is] on track… like clockwork.” Toward the end of June 2021, Plan B gave an update on his “worst case scenario for 2021.” The analyst said: “Bitcoin is below $34K, triggered by Elon Musk’s energy FUD and China’s mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K.”