Lifeboat Foundation

What makes a better Internet possible? At Orchid Labs, our goal is to ensure that every person on Earth can have access to an open, decentralized, and uncensored Internet. We believe a better Internet is one that isn’t controlled by the few, but open to all.

Currently, Internet access for the majority of the people on Earth is censored and monitored. Because of this, many Internet users are blocked from freely communicating, collaborating, and accessing information. The current centralized system, which limits our ability to communicate and learn — while also harvesting and selling our personal data — is far from the full potential of what the internet could be and strays from the original intention of its creators.

That’s why we’ve launched the Orchid Protocol, an open-source overlay network that uses excess bandwidth on top of the existing Internet to ensure that people — no matter where they live on our planet — can have unrestricted access to information and collaboration. Orchid’s protocol combines surplus bandwidth, state-of-the-art encryption, and a decentralized infrastructure enabling any Internet user to participate and exchange bandwidth for payment in peer-to-peer transactions using Orchid tokens on the Ethereum blockchain.

“If one blockchain were to become dominant, then the others may well fade away.” #singularityuniversity

Bitcoin, the first practical implementation of blockchain technology, was the buying opportunity of all time. The price of bitcoin has risen faster than any other asset in history, including tulips at the height of the tulip bubble.

Continue reading “Building the Blockchain to End All Blockchains” »

How many individuals own at least 1 BTC?

I was asked this question today at Quora, a popular Q&A blog covering a variety of technical and economic disciplines. Under my alias “Ellery”, I am the most viewed author on Bitcoin and the blockchain.

While this question may sound like a good factoid for a trivia game, it is directly related to something with with far reaching impact on your pocketbook and your future. It goes to the heart of a debate between warring factions: In the 2nd half of this answer, I address the eternal question:

Is Bitcoin a pyramid scheme? Or are we still early on the adoption curve?

Continue reading “What can we learn from small fraction of people who own 1 BTC” »

Sending satellites into space is going to continue to get cheaper since SpaceX proved it could reliably launch refurbished rockets. This is going to open up space exploration to more entities allowing for the continued democratization of space. Other technological advances could make a global space centered sharing economy a real possibility.

The rise of the internet and the ubiquity of mobile computing devices have changed everything from travel and shopping to politics – think Uber, Amazon, and Twitter.

IMF head Christine Lagarde said “it may not be wise to dismiss virtual currencies” like bitcoin and ethereum at bank of england conference.”=”

The state of Illinois is testing a new way for people to prove their identities, albeit without the need to request their birth certificates and wait weeks for it to arrive in the mail. The state aims to give citizens more control of their data, as well as provide solace in knowing it’s more secure than ever.

To accomplish this task, the state is turning to the same blockchain technology that companies like Bitcoin and Ethereum utilize for their own networks. In August, the Illinois Blockchain Initiative — a collaboration launched by the state to explore blockchain and distributed ledger technology — announced it’s partnering with self-sovereign identity solutions firm Evernym to create an online ledger that’s only accessible to the owner of the ID and any other individuals they’re granted access. It’s very similar to how the technology could be used to track and share information between hospitals.

Continue reading “Illinois Is Experimenting with Blockchains to Replace Physical Birth Certificates” »

According to a newsletter from The James Altucher Report, Amazon will soon begin accepting Bitcoin, which they will officially announce as early as October 26th during their earnings conference call.

How Reliable is the Source?

James Altucher has (co)founded more than 20 companies, authored 11 books, and has been a contributor to several major publications.

Continue reading “BREAKING: Amazon Will Accept Bitcoin” »