By Jared Newman — Fast Company
When Apple introduced the iPad 2 in 2011, it laid out a noble goal for the future of technology.
“Technology alone is not enough,” an Apple ad proclaimed. “Faster, thinner, lighter, those are all good things, but when technology gets out of the way, everything becomes more delightful, even magical. That’s when you leap forward.“
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By Michael S. Malone — MIT Technology Review
The view from Mike Steep’s office on Palo Alto’s Coyote Hill is one of the greatest in Silicon Valley.
Beyond the black and rosewood office furniture, the two large computer monitors, and three Indonesian artifacts to ward off evil spirits, Steep looks out onto a panorama stretching from Redwood City to Santa Clara. This is the historic Silicon Valley, the birthplace of Hewlett-Packard and Fairchild Semiconductor, Intel and Atari, Netscape and Google. This is the home of innovations that have shaped the modern world. So is Steep’s employer: Xerox’s Palo Alto Research Center, or PARC, where personal computing and key computer-networking technologies were invented, and where he is senior vice president of global business operations.
And yet Mike Steep is disappointed at what he sees out the windows.
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Bitcoin as a cryptocurrency has had its moments of strength and weakness. The technology behind bitcoins, however, is a different story. While skeptics don’t expect a lot from Bitcoin as an alternative currency because of its volatility, they do have high hopes for the technological innovation that powers it, believing that it can be further developed to create something much powerful than Bitcoin itself.
To those who know Bitcoin as a great way of transacting online, but don’t completely understand its dynamics, it’s time to get acquainted with the cryptocurrency’s mathematical wonders that make anonymous, faster, and cheaper transactions of moving funds on the internet possible.
Most of us know that Bitcoin uses the SHA-256 hashing algorithm, but hashing serves a different function and purpose from that of digital signatures. Hashing actually provides proof that a message has not been changed because running the same hash always generates similar result.
Any message, regardless of the size can go into a hash function where the algorithm breaks it down, combines the parts, and “digests” it until it makes a fixed-length outcome called “digest”. However, a good hashing algorithm possesses some critical characteristics, in which the same message always produces the same result, as mentioned above, and it only works in one direction.
Continue reading “The Mathematical Wonders behind Bitcoin” »
By Jason Bloomberg, Intellyx — Wired
We’re all familiar with Moore’s Law: the observation that the number of transistors in an integrated circuit doubles every two years or so. We’re also familiar with the plethora of corollaries to the law, pertaining to everything from network speed to hard drive capacity to the number of pixels in our digital cameras. It seems that the natural behavior for technology advancement follows an exponential growth curve.
However, not all innovation follows such a curve. Organizational and process improvements, in particular, seem to proceed at a glacial pace. Management fads come and go, and they don’t even seem to be getting much better, let alone better at a faster rate.
Armstrong and the Winklevoss twins have promising visions in securing Bitcoin exchange.
Bitcoin exchange Coinbase has brought innovation to the next level by opening the first ever licensed US Bitcoin exchange. Backed by $106 million from the New York Stock Exchange, banks, and venture-capital firms, Coinbase’s newly launched US exchange, said to be named Lunar, will provide greater security features; so as not to repeat the mistakes of Mt. Gox and Bitstamp, the former of which declared bankruptcy last year while the latter has sustained hacking attacks and is now back in the game.
Coinbase has already acquired licenses from 50% of the states in the country, which includes New York. The remaining 50% is still in the works and is necessary to complete to be able to provide full nationwide services. Also, Coinbase does not only look at expanding nationwide, it also looks at expanding worldwide in offering their Bitcoin-related services.
Of this plan, Coinbase CEO Brian Armstrong said: “Our goal is to become the world’s largest exchange”.
By Jason Dorrier — Singularity Hub
In two recent videos, Jason Silva visits the idea of ontological design—that as we design our tools, so our tools design us in return. We devise and engineer computers and the internet, and now computers and the internet are remaking us.
Silva describes the process as endlessly circular, like the serpent eating its tail.
Why does this matter? Because, according to Silva, as we become aware of these feedback loops, we can design with more intention. Make spaces—homes, museums, skyscrapers, cities—in anticipation of how they’ll influence our brains.
FIRST
The reason why Japanese automotive industry beat the U.S. car-makers is because, to them, it is an outright existential world to win and in the process spread a sense of Japanese exceptionalism.
They are fighting a most-lucrative World War merciless!
CROSS-FUNCTIONAL AWAKEN, YET CONDITIONALIZED CONSCIOUSNESS AS PER NON-GIRLIE U.S. HARD ROCKET SCIENTISTS!
(Excerpted from the White Swan Book)
Sequential and Progressive Tidbits as Follows:
(PLEASE PAY ATTENTION TO THIS SUBJECT MATTER AS IT WOULD BE AMPLIFIED IN FUTURE NEW ARTICLES UNDER THE SAME TITLE).
I will give you some considerations excerpted from the White Swan book ( ASIN: B00KMY0DLK ) to show that Simplicity, via Technological, Social, Political, Geopolitical, and Economic Changes, is OUTRIGHT OBSOLETE and there is now ONLY: COMPLEXITY AND THE POWER OF COMPLEXITY.
THEREFORE:
Continue reading “SIMPLICITY DEATH! By Mr. Andres Agostini” »
THIS IS A TRUE INTERVIEW EXCHANGE, AIRED BY CNN ON THE WEEK BETWEEN DEC/29/2014 AND JAN/02/2015.
CNN Journalist Christiane Amanpour: “…How does the Chinese government consider the Ebola Crisis in Africa and the world, Mr. Ambassador? …”
Chinese Ambassador: “…Things are no so bad as you and the so-called ‘West’ suggest.… You see, in English crisis is a one word expression, but in Traditional Chinese, Crisis is a two-word term, meaning: Danger and Opportunity …”
Continue reading “Christiane Amanpour's Misunderstanding ‘...Crisis ...’” »
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