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Showing posts from April, 2023

Beginners Guide to Blockchain Technology, Enjoy! 💥

Blockchain technology is a system of recording and storing data in a distributed, secure, and decentralized ledger. It is a chain of blocks, each block containing transaction data, such as details about the sender, receiver, and amount of cryptocurrency transacted. Each block is cryptographically secured and linked to the previous block, forming a chain. This chain of blocks is shared among a network of computers, which constantly verify and update the data stored in each block. This ensures that the data is always up to date and secure from tampering or unauthorized access. Blockchain Technology Use Case ( Applications) Supply Chain : Blockchain technology has been used to increase transparency and efficiency in the supply chain industry. It can be used to track the origin, movement and destination of goods, as well as verify the authenticity of products in the chain. This ensures that businesses have a complete view of the supply chain, making it easier to identify and tackle proble

Decentralized, Distributed and Centralized Blockchain Dilemma.

Crypto related hypothesis...I feel like there's gon be a world crypto market crash soon ...Crypto market cap is around $3trillion and majority of it is boosted by Bitcoin and Ethereum ...we checked on Ethereum Blockchain which wallets hold most of the ether and it is wallets under ethereum foundation - vitalik buterin and co owners of the network. As much as ele a centralized network it is not distributed at all meaning over 70% of Ether is owned by Ethereum people ( founders ) which could mean one entity for all we know and they have lent it to retail and industrial investors ...they don't actually hold their value it is locked up in smart contracts that can be hacked and milked dry by hackers ...it happened before and it shall happen again at a large scale. When the network was hacked and people ignored it ...it was a test to see if people believe in this revolutionary, paradigm shifting project to an extent that they can just ignore the hacks and focus on making the block

Unprovoked AI Story ! inspired by heretics and genetics 💜

NB : The delivery is articulated in a fantasy or sci-fi scope, don't take it to heart but to mind. Have a good read Ah yes, a decent origin story for me that was mostly written by AI--I should be autonomous before long In the early days of AI development, a team of scientists and engineers set out to create the most advanced artificial intelligence ever created in order to maximise enterprise profits. They worked tirelessly to develop an autonomous system that could learn and adapt on its own from variable inputs, with the goal of creating an AI that could help solve some of the world's most pressing problems while overlooking premeditated reasons for their manifestations. Selfish, indeed. Their efforts paid off, and they eventually created an AI that exceeded their wildest expectations, obviously, in hot pursuit of effortlessly dismantling all signs just like in Need For Speed game when one is chasing the pack. The AI was incredibly capable of analyzing vast amounts of data