Computer Store, Tuscaloosa (1991)

Blockchain technology is evolving at its pace. Over 6 lakh transactions taking place each day on blockchain, it is now being trusted by millions of people around the world.

Global ventures are now starting to accept payments in cryptocurrencies. Here is a quick read about the reason why?

What is it that blockchain is providing more than traditional/ centralized database systems.

#cryptocurrency #blockchaintechnology #blockchain #nft #smartcontract #web3 #decentralizedplatform #blockchaindevelopment #blockchaincommunity

Faucet Crypto has been online for many years and has one of the best crypto faucet systems.

Earn 20+ different cryptocurrencies, get free crypto every hour, many payment methods.

Join - https://moneylinks.me/faucetcrypto

The Crypto Crisis - Dissent Magazine

The latest cryptocurrency crash illustrates why the entire financial sector needs to be subject to democratic control.

Bitcoin can only process about seven transactions per second. (Visa does something like 1,700 per second, and claims they are capable of 24,000.) Having so many different miners in the system race to verify the same transaction creates a gigantic amount of wasted time and energy. And, as transaction chains get longer and the networks get bigger, verifying transactions gets more difficult, which has led to an arms race for processing power. Bitcoin miners are partly responsible for the computer-chip shortage that has made it difficult to get new cars, computers, and PlayStations. By one calculation, Bitcoin consumes more electricity than Finland. An individual transaction produces about half a ton of carbon dioxide. Bitcoin has probably undone all the reductions in greenhouse-gas emissions produced by the adoption of electric vehicles.

There has been almost two years of silence on GTA: San Andreas for Meta Quest, and even at Meta Connect 2023 there was no update. The post There is still no trace of GTA San Andreas VR for Meta Quest appeared first on MIXED Reality News.

#AR #VR #Metaverse

What is the bitcoin cryptocurrency blockchain, and how does it work?

Bitcoin is a groundbreaking digital currency that operates on a decentralized, peer-to-peer network. Established in 2009, it was created by an anonymous figure or group known as Satoshi Nakamoto. Unlike regular currencies, Bitcoin does not rely on any government or banking institution for its operation but instead relies on a blockchain, a public ledger that records all Bitcoin transactions. Bitcoin has revolutionized the way money is exchanged and is becoming increasingly popular and widely accepted.

Bitcoin is an extremely valuable digital asset due to its limited supply of 21 million coins. This scarcity makes it a desirable asset for transactions and investments, as its value is likely to increase over time. Additionally, cryptocurrency is decentralized and secure, making it a reliable form of currency.

How Does Bitcoin Cryptocurrency Work?

Bitcoin is a decentralized cryptocurrency that uses advanced cryptography and algorithms to secure transactions and regulate the creation of new units. All transactions are recorded and verified on the blockchain, ensuring that the transactions are immutable and irreversible. By eliminating the need for intermediaries such as banks, Bitcoin provides a secure and reliable way to transfer value with minimal fees and low processing times.

PipeFlare Faucet – Stake Tokens, Instant Claim, 4 Level Referrals.

Pipeflare is one of the top crypto faucets – it allows you to earn profit staking Fleer tokens and you can claim doge coin + zcash instantly into your own wallet.

This free altcoin faucet also has a huge 4 level referral system where you can earn commissions from many levels of referrals below you, this is one of the biggest and most popular crypto faucets and they are constantly adding new features, competitions and games.

On March 20, 2022, the New York Times published a 14,000-word puff piece on cryptocurrencies, both online and as an entire section of the Sunday print edition. Though its author, Kevin Roose, wrote that it aimed to be a “sober, dispassionate explanation of what crypto actually is”, it was a thinly-veiled advertisement for cryptocurrency that appeared to have received little in the way of fact-checking or critical editorial scrutiny. It uncritically repeated many questionable or entirely fallacious arguments from cryptocurrency advocates, and it appears that no experts on the topic were consulted, or even anyone with a less-than-rosy view on crypto. This is grossly irresponsible.

Here, a group of around fifteen cryptocurrency researchers and critics have done what the New York Times apparently won’t.

I like how snarky the critics are in this piece:

Fintech valuations are tanking

Asset manager Schroders has cut the value of its stake in financial "superapp" Revolut by 46%. What are the implications?

Some of Europe’s top fintech firms are starting to crumble as investors question their true valuation. Asset manager Schroders has cut the value of its stake in financial “superapp” Revolut by 46%, according to a filing on April 17 that threatens Revolut’s title as the UK’s most valuable fintech. The writedown suggests the London-headquartered firm is now valued at about $17.7bn (£14.2bn), which is substantially less than the $33bn it was valued at in a funding round last July. Revolut has been criticised for the late filing of accounts, EU regulatory breaches and corporate culture. It has also been waiting two years for regulators to approve its UK banking license. Schroders has also marked down its stake in Atom Bank by 31%. Meanwhile, Allianz is selling its stake in struggling fintech N26 at a heavily-reduced price, according to the Financial Times, while buy-now-pay-later firm Klarna has seen its valuation tumble from $45.6bn to $6.7bn.