Buckminster Fuller once said, “You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete.” This is exactly what Satoshi has done. Calling Bitcoin a “disruptive technology” is an understatement. Money unmoored from any central authority is the new model. As the old money that political structures depend on becomes obsolete so will the political structures themselves.
A group of researchers have designed an alternative to the Tor network capable of blinding speeds.
the team claims their system "provides stronger security guarantees than existing network-level anonymity systems" as the system does not store per-session states. Instead, Hornet offloads session states to end hosts by default, encrypting each packet to reduce the risk of data leaks.
For the past six years, low-key Osterhout Design Group has been building heavy duty smart glasses for the military. But after seeing the kind attention heaped onto gadgets like Google Glass, the small San Francisco-based company is looking towards the consumer market and thinks it has something better to offer the [...]
An anonymous reader writes: Torrent site isoHunt appears to have unofficially resurrected The Pirate Bay at oldpiratebay.org. At first glance, The Old Pirate Bay seems to be just a commemorative site for The Pirate Bay, which went down this week after police raided its data center in Sweden. Upon fu...
By: Collective Evolution. Danish scientists are a step closer to helping those suffering from respiratory ailments thanks to a revolutionary new absorption crystal. Working out of the University of Southern Denmark the group has uncovered crystalline materials that are capable of pulling oxygen out
You are a diver you find find this to be pretty exciting. People with Asthma and other breathing problems may also have a much brighter future.
The man who bears the title “Chief Scientist” for the Bitcoin Foundation always believed Satoshi Nakamoto — or whoever the real-life embodiment of bitcoin’s mysterious founder was – to be a smart, reclusive computer scientist who was brilliant but sloppy in his coding style. “I think he’s an aca... http://techinews.org/bitcoin-foundations-andresen-working-satoshi-nakamoto/
WASHINGTON — Obama administration officials said today that they are completing an analysis of data on vehicle-to-vehicle communication but gave no immediate indication when they could begin requiring new
Sounds like great technology.... for slaves. Oh wait that's us!
In the video above, the programmer explains how Google Chrome’s speech recognition function remains operational even after the user has left the website on which they gave permission for the browser to record their voice.
The video shows a pop-under browser window recording and typing the programmer’s words as she speaks. The window can be disguised as an advertising banner so the user has no indication that Chrome is listening to their voice, whether that be on the phone, talking to someone on Skype, or merely having a conversation with someone near the computer.
Now they will need to decide: did they want libertarianism, where property is used to divide everything? Or did they want anarchy, where it’s our inherent human nature that gives us freedom, not our property rights.
If these libertarians would be good enough to grow the hell up and become anarchists like normal people, then perhaps they would start to get serious about controlling centralized authorities rather than fantasizing that they will cease to exist.
The Rockefellers have been one of the largest financial backers and drivers of the eugenics and the depopulation agenda for over a century now. Check out these newspaper clips we came across in research from 1915.
Two Metro Police officers were killed at point-blank range while they ate lunch Sunday at a pizza restaurant in the northeast Las Vegas. The shooting suspects, a man and woman, also killed another person before taking their own lives, Metro Police said.
Police say witnesses told them the suspects took the police officers' guns and ammunition and, as they were walking out of the restaurant after the shooting, they said, " tell the police the revolution has begun."
Las Vegas Sands Corp., its websites down for a third day after a cyber-attack by hackers, said it was making progress toward restoring service and repairing its internal systems in the U.S.
Attackers defaced the home page of Sands’ Bethlehem, Pennsylvania, casino on Feb. 11, posting employees’ personal information and criticizing Chairman and Chief Executive Officer Sheldon Adelson, a staunch supporter of Israel, over his comments on Iran’s nuclear plans.
Overstock's CEO revealed on Thursday he now owns bitcoin, and that Overstock is free to hold the currency as well.
First movers stand to reap the benefits of being early. The CEO of Overstock recognizes this fact, on top of being a staunch Libertarian and seeing the value in a decentralized currency, he is doing his part to help free us all from central bank manipulation and corruption.
"There are now 12 million Bitcoin in circulation and 60,000 merchants accepting it via Coinbase. ... We felt like it was something we couldn't ignore anymore."
Mint’s popular personal finance app now has 14 million users. People can connect the app to 20,000 different bank, credit card, loan, and investment accounts to view all their financial statements in one place and manage their money.
Just when you thought you had comfortably wrapped your head around the whole Bitcoin thing, some restless coders up and add another layer of complexity to the world’s preferred brand of magical internet money. A new wave of decentralization may soon be upon us. Lusty possibilities abound.
More and more people are coming to understand Bitcoin as both a medium of exchange and a nifty (nerdy) payments and communications system. It is at once a currency, a platform, a protocol, a network, an ethos. In freeing the channels of information transmission, decentralization unleashes latent creativity. A thing of beauty, but man can arguably not radically decentralize all human association by the Bitcoin protocol alone.
While public attention largely fixates on short-term price adjustments, community creators have long since turned to new frontiers in decentralization and exchange. Next on the docket are developments in Bitcoin-based corporate governance, derivatives markets, and information markets. 2014 could be a big year for these embryonic non-“currency”applications of the Bitcoin experiment.
The first thing we do, let’s kill all the managers
Are you ready for the firm’s own nature to make itself redundant? You’re not alone. Unwilling to settle for one mere revolution in the financial space, a subset of constitutional connoisseurs want to extend the decentralized logic and tools of Bitcoin to the stodgy world of corporate governance. They race against their own dreams of Distributed Autonomous Communities, or DACs, autonomous entities that pursue defined goals according to their own rules without a central point of control.
The Bitcoin protocol itself can be thought of as the first DAC. Bitcoin holders are really just the “equity shareholders” of “Bitcoin, Inc.” Miners, the employees, suffer impressively few principal-agent conflicts–they vote with their hashrates. Corporate policy within the firm is universally-known and virtually non-violable. The conceptual elegance of this first “shareholder-owned, employee run, not-for-profit cryptocorporation” has been long admired.
Some believe DACs can be used to administer more than just smart money. If this sounds like a tall order, well, it’s because it is. Setting the right strings to coordinate distributed currency creation and transaction verification is one thing; anticipating and accounting for a nimble, dynamic, thoroughly modern corporation’s many needs and means and flowcharts and contingencies is quite another. Early dispatches hint at some cryptographic solutions.
It’s easy to conceptualize DACs through their figment agents’ stone code of conduct; like Asimov’s robots, Bitcoin’s DACs could be behaviorally bound by their own set of three incorruptible laws. This core secured, entrepreneurs could then optimally structure their DACs’ internal pressures (and outsource the rest) to decentrally provide courier, banking, identity, investment, legal, and even governmental services for fun and profit. The only limit is yourself–and maybe the sophistication of the machine learning algorithms that you can employ.
Many of the needed tools already exist. Assuming that a well-designed DAC can adequately “think” and generate and maintain capital–as the Bitcoin protocol does–the next challenge is properly navigating and interacting with relevant market data through time. A DAC that is unable to identify profit opportunities and consumer desires will be useless no matter how gorgeous its protocol’s design. Vitalik Buterin suggests that a combination of careful computational democracy and, say, a standard of signed API requests can respectively function as synthetic dynamic inputs and outputs of each DAC. (He also has some big ideas on how to best identify this new species of exquisite corpora). Strategic opinions differ, but the right questions are at least being simultaneously entertained. Ripple, Mastercoin, Namecoin,ProtoShares, and colored coins are a few examples of proto-DACs that are developing in real time.
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