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Bitcoin: How its core technology will change the world - tech - 05 February 2014 - New Scientist

Bitcoin: How its core technology will change the world - tech - 05 February 2014 - New Scientist | Living | Scoop.it
The virtual currency is about more than money – the real innovation is what people are doing with the technology it is based on

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BITCOIN has been called many things, from the future of money to a drug dealer's dream and everything else in between. But beyond creating the web's first native currency, the true innovation of Bitcoin's mysterious designer, Satoshi Nakamoto, is its underlying technology, the "block chain". That fundamental concept is being used to transform Bitcoin – and could even replace it altogether.

So what is the block chain? It is a ledger of transactions that keeps Bitcoin secure and allows all users to agree on exactly who owns how many bitcoins. Each new block requires a record of recent transactions along with a string of letters and numbers, known as a hash, which is based on the previous block and produced using a cryptographic algorithm.

Miners, people who run the peer-to-peer Bitcoin software, randomly generate hashes, competing to produce one with a value below a certain target difficulty and thus complete a new block and receive a reward, currently 25 bitcoins. This difficulty means faking a transaction is impossible unless you have more computing power than everyone else on the Bitcoin network combined. Confused? Don't worry, ordinary Bitcoin users needn't know the details of how the block chain works, just as people with a credit card don't bother learning banking network jargon. But those who do understand the power of the block chain are realising how Nakamoto's technology for mass agreement can be adapted. "You can replace that agreement with all sorts of different things and now you have a really powerful building block for any kind of distributed system," says Jeremy Clark of Concordia University in Montreal, Canada.


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Can Our Laws Catch Up with Our Technology?

Can Our Laws Catch Up with Our Technology? | Living | Scoop.it

Technology moves quickly. By the time you get good at operating your new smartphone, odds are that it's just about obsolete. By contrast -- and by design -- almost nothing in American society moves more slowly than the law. And so as technological cycles spin ever faster, the creaky wheels of justice become more and more outdated.

American law has always recognized property as a bedrock value, and yet in this era of digital piracy, crowd-sourcing, and open-source platforms, how do we decide who gets credit ... and revenue from things we create together?

Oversharing isn't just a problem for kids posting ill-advised pictures from Friday night. Lots of software these days is programmed to "learn" from the Internet as millions of publicly available data points are downloaded, processed, and programmed into an ever-improving product.

David Hanson is the CEO of Hanson Robotics, a company that makes frighteningly lifelike robots, which, he hopes, will also one day have human-level intelligence. Hanson's team taught a robot language by letting it read thousands of hours of stories, interviews, and lectures written by the sci-fi legend Philip K. Dick ... but only after getting permission from Dick's estate.


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Faveoly Crowdfunding Project of the Day: PandaBot (by @PandaRobotics)

Faveoly Crowdfunding Project of the Day: PandaBot (by @PandaRobotics) | Living | Scoop.it

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Softbank Confirms It Is Buying 70% Of Sprint For $20.1B, Creating World’s Third Largest Mobile Carrier By Sales | TechCrunch

Softbank Confirms It Is Buying 70% Of Sprint For $20.1B, Creating World’s Third Largest Mobile Carrier By Sales | TechCrunch | Living | Scoop.it
Softbank has confirmed the news that it is buying Sprint, the third-largest wireless carrier in the U.S., for $20.1 billion (¥1.571 trillion).
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Geoff Mulgan "Openness and collective intelligence, its prospects and its challenges"

In his speech, Geoff Mulgan talks about collective intelligence and how we think about the idea of openness. Through several examples, he introduces a reflec...

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Taiwanese Government Releases Fuel Cell Motorbike Standard to Facilitate Mass Production

Taiwanese Government Releases Fuel Cell Motorbike Standard to Facilitate Mass Production | Living | Scoop.it
Taiwan’s Ministry of Economic Affairs (MOEA) has announced its safety and reliability standard for h...
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Number of graduates in menial jobs doubles in five years with 10,000 taking posts that do not require a degree

Number of graduates in menial jobs doubles in five years with 10,000 taking posts that do not require a degree | Living | Scoop.it
The statistics will worry parents and students preparing to embark on degree courses this autumn, when tuition fees will rise to as high as £9,000 a year.
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Reduce Information Noise Through Social Curation and Collaborative Discovery: Calm Technology

Reduce Information Noise Through Social Curation and Collaborative Discovery: Calm Technology | Living | Scoop.it

Robin Good: Among the five digital trends presently shaping the consumer experience economy, according to Macala Wright who first wrote about this on Mashable, there is one that has as its key objective the reduction of "information noise", distractions and approaches to digital communication that make it harder to grasp and understand a message or to complete a key task one is after.

 

It reads like there is more to information curation than people scanning feeds and selecting relevant items to write about.

 

From the original article I have extracted a few passages: "Calm technology refers to applications that cut down on the digital noise of high-volume data to show the user only enough information that he or she needs to complete a task.

 

...It refers to technologies that do not disrupt our workflow.

 

The whole idea is to reduce distractions to our work flow without losing functionality.

 

Calm technology fights against many of the principles of digital marketing: instead of screaming for attention with flashing banner ads, technologies and applications politely take a backseat to the user’s primary focus...

 

...

 

Examples of calm technology can be found in the growing popularity of social curation and discovery.

 

Social product discovery sites such as Lyst, Mulu.Me, Buyosphere, Svpply and Discoveredd are essentially social filters that enable their communities to curate the products that are most relevant to them.

 

Moreover, the rise of interest networks and the idea of following someone who has similar likes and shared interest topics are examples of the principles of calm technology driving user behavior.

 

Google Circles, Pinterest and Chime.In, even location apps such as Sonar, Glancee and Highlight, can all be classified under the “term interest network.”

 

Excellent reading. 8/10

 

Full article: http://fashionablymarketing.me/2012/06/digital-trends-consumer-experience-economy/ ;


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Apple’s Tax Strategy Aims at Low-Tax States and Nations

Apple’s Tax Strategy Aims at Low-Tax States and Nations | Living | Scoop.it
Apple serves as a window on how technology giants have taken advantage of tax codes written for an industrial age and ill suited to today’s digital economy.
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GoToWebinar : Webinars Made Easy. Award-Winning Web Casting & Online Seminar Hosting Software

GoToWebinar : Webinars Made Easy. Award-Winning Web Casting & Online Seminar Hosting Software | Living | Scoop.it
Webinars, Web events & Web casting made easy. Set up Webinars quickly and easily for up to 1,000 attendees. Try it free today!
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Flexible Panels Can Turn Windows Into Electricity-Generating Solar Panels

Flexible Panels Can Turn Windows Into Electricity-Generating Solar Panels | Living | Scoop.it
A German company borrows the materials and manufacturing process of OLED displays to make a new kind of solar panel.
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Understanding Evolutionary Potential in Virtual CPU Instruction Set Architectures

Understanding Evolutionary Potential in Virtual CPU Instruction Set Architectures | Living | Scoop.it

We investigate fundamental decisions in the design of instruction set architectures for linear genetic programs that are used as both model systems in evolutionary biology and underlying solution representations in evolutionary computation. We subjected digital organisms with each tested architecture to seven different computational environments designed to present a range of evolutionary challenges. Our goal was to engineer a general purpose architecture that would be effective under a broad range of evolutionary conditions. We evaluated six different types of architectural features for the virtual CPUs: (1) genetic flexibility: we allowed digital organisms to more precisely modify the function of genetic instructions, (2) memory: we provided an increased number of registers in the virtual CPUs, (3) decoupled sensors and actuators: we separated input and output operations to enable greater control over data flow. We also tested a variety of methods to regulate expression: (4) explicit labels that allow programs to dynamically refer to specific genome positions, (5) position-relative search instructions, and (6) multiple new flow control instructions, including conditionals and jumps. Each of these features also adds complication to the instruction set and risks slowing evolution due to epistatic interactions. Two features (multiple argument specification and separated I/O) demonstrated substantial improvements in the majority of test environments, along with versions of each of the remaining architecture modifications that show significant improvements in multiple environments. However, some tested modifications were detrimental, though most exhibit no systematic effects on evolutionary potential, highlighting the robustness of digital evolution. Combined, these observations enhance our understanding of how instruction architecture impacts evolutionary potential, enabling the creation of architectures that support more rapid evolution of complex solutions to a broad range of challenges.

 


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A new route to large-scale quantum computing

A new route to large-scale quantum computing | Living | Scoop.it

Princeton researchers have developed a new method that may allow the quick and reliable transfer of quantum information throughout a computing device.
The method, formulated by a team led by Princeton physicist Jason Petta, could eventually allow engineers to design quantum computers consisting of millions of quantum bits, or qubits. So far, quantum researchers have only been able to manipulate small numbers of qubits, which are unfortunately insufficient for use with a practical machine.


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Traveling the world, meeting startups: What We learned

Traveling the world, meeting startups: What We learned | Living | Scoop.it
The Next Web's Startup World - the global competition to promote entrepreneurship and startup culture globally- traveled to Mexico City, Peru, Chile, Buenos Aires, Brazil, South Africa, ...
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Faveoly Crowdfunding Project of the Day: 1:Face Watch (@1FaceWatch)

Faveoly Crowdfunding Project of the Day: 1:Face Watch (@1FaceWatch) | Living | Scoop.it

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China's 274M microbloggers is highest in world | ZDNet

China's 274M microbloggers is highest in world | ZDNet | Living | Scoop.it
Summary: Number of microbloggers grew over four times since 2010, as the platform becomes an increasingly important way for expression, especially on public issues.
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Facebook Founders Back Union City Startup’s Artificial Intelligence Research

Facebook Founders Back Union City Startup’s Artificial Intelligence Research | Living | Scoop.it

Union City-based Vicarious will receive $15 million in financing from various investors, including groups led by Facebook, PayPal and Napster founders.

 

Founders of Facebook, PayPal and Napster are betting big bucks on a Union City technology startup’s research in artificial intelligence.

 

Vicarious, which creates “software that thinks and learns like a human,” announced yesterday that the research team had received $15 million in financing from various investment groups. Among them are Good Ventures, a firm started by Facebook co-founder Dustin Moskovitz, and Founders Fund, a group managed by PayPal co-founder Peter Thiel and Sean Parker, a co-founder of Napster and Facebook’s first president.

 

“The technology that Vicarious is developing has the potential to improve all lives and revolutionize every industry,” Moskovitz said in a statement released yesterday.


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Setting Realistic Funding Goals – The Funding Times

Setting Realistic Funding Goals – The Funding Times | Living | Scoop.it

This is great reading, for many who do not understand Crowd Funding, and the need to be honest with your project, followers, and funds.!

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White Paper: Reasons for an X-ray Inspection Programme

White Paper: Reasons for an X-ray Inspection Programme | Living | Scoop.it

X-ray inspection systems represent a significant capital investment that must be justified in terms of potential cost savings, operational reliability, consumer protection, regulatory compliance, brand reputation, retailer specifications and enhanced sales opportunities.

METTLER-TOLEDO’s brand-new white paper entitled Reasons for an X-ray Inspection Programme examines the case for investing in x-ray inspection technology, discussing both the rationale for purchase and the reasons for implementation within a well-designed x-ray inspection programme.

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Women In The News

Women In The News | Living | Scoop.it
Women: Making a Difference in Nuclear Science in Africa Despite Challenges, More Women Succeed in Science They are successful, intelligent and determined. And for many, Sarah Nafuna and Jane Mubang...
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Turn Your Career into a Work of Art

Turn Your Career into a Work of Art | Living | Scoop.it
Whose life am I living? I'm sure you ask yourself that kind of question from time to time. What am I really good at? What is the purpose of my work? These are not new questions. Sooner or later, we all seek answers to them.
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TeenSphere – A Teen’s Self-help App

TeenSphere – A Teen’s Self-help App | Living | Scoop.it
As a continuation of my search for apps for teens/tweens, I found TeenSphere.  TeenSphere is an app teens can use to access help and consulting to sensitive and challenging questions they face i...
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Pixar's WALL-E Is Now Working at a Chinese Restaurant

Pixar's WALL-E Is Now Working at a Chinese Restaurant | Living | Scoop.it
Nothing quite says a home cooked meal like a droid cooked one. If you ever find yourself in Harbin, China, head over to "Summer Sky Ocean Robot", a restaurant staffed with robot waiters and robot cooks.
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