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Luís F. Simões

Bitcoin P2P Currency: The Most Dangerous Project We've Ever Seen - 10 views

  • After month of research and discovery, we’ve learned the following:1. Bitcoin is a technologically sound project.2. Bitcoin is unstoppable without end-user prosecution.3. Bitcoin is the most dangerous open-source project ever created.4. Bitcoin may be the most dangerous technological project since the internet itself.5. Bitcoin is a political statement by technotarians (technological libertarians).*6. Bitcoins will change the world unless governments ban them with harsh penalties.
  • The benefits of a currency like this:a) Your coins can’t be frozen (like a Paypal account can be)b) Your coins can’t be trackedc) Your coins can’t be taxedd) Transaction costs are extremely low (sorry credit card companies)
  • An individual with the name -- or perhaps handle -- of Satoshi Nakamoto first wrote about bitcoins in a paper called Bitcoin: A Peer-to-Peer Electronic Cash System.
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  • * We made this term up to describe the “good people” of the internet who believe in the fundamental rights of individuals to be free, have free speech, fight hypocrisy and stand behind logic, technology and science over religion, political structure and tradition. These are the people who build and support things like Wikileaks, Anonymous, Linux and Wikipedia. They think that people can, and should, govern themselves. They are against external forms of control such as DRM, laws that are bought and sold by lobbyists, and religions like Scientology. They include splinter groups that enforce these ideals in the form of hacktivism, such as the takedown of the Sony Playstation Network after Sony tried to prosecute a hacker for unlocking its console.
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    Sounds good!
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    wow it's frigthening! it's the dream of every anarchist, every drug, arm, human dealer! the world made as a global fiscal paradise... the idea is clever however it will not replace real money because 1 - no one will build a fortune on bitcoin if a technological breakthrough can ruin them 2 - government never allowed parallel money to flourish on their territory, so it will be almost impossible to change bitcoin against euros or dollars
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    interesting stuff anyone read cryptonomicon by neal stephenson? similar theme.
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    :) yes. One of the comments on reddit was precisely drawing the parallels with Neal Stephenson's Snowcrash / Diamond Age / Cryptonomicon. Interesting stuff indeed. It has a lot of potential for misuse, but also opens up new possibilities. We've discussed recently how emerging technologies will drive social change. Whether it's the likes of NSA / CIA who will benefit the most from the Twitters, Facebooks and so on, by gaining greater power for control, or whether individuals are being empowered to at least an identical degree. We saw last year VISA / PayPal censoring WikiLeaks... Well, here's a way for any individual to support such an organization, in a fully anonymous and uncontrollable way...
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    One of my colleagues has made a nice, short write-up about BitCoin: http://www.pds.ewi.tudelft.nl/~victor/bitcoin.html
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    very nice analysis indeed - thanks Tamas for sharing it!
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    mmm I'm not an expert but it seemed to me that, even if these criticisms are true, there is one fundamental difference between the money you exchange on internet via your bank, and bitcoins. The first one is virtual money and the second one aims at being real, physical, money, even if digital, in the same way as banknotes, coins, or gold.
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    An algorithm wanna-be central bank issuing untraceable tax free money between internet users? not more likely than the end of the world supposed to take place tomorrow, in my opinion. Algorithms don't usually assault women though !:P
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    well, most money is anyway just virtual and only based on expectations and trust ... (see e.g. http://en.wikipedia.org/wiki/Money_supply) and thus if people trust that this "money" has some value in the sense that they can get something of value to them in exchange, then not much more is needed it seems to me ...
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    @Leopold: ok let's use the rigth words then. Bitcoin aim at being a currency ("physical objects generally accepted as a medium of exchange" from wikipedia), different than the "demand deposit". In the article proposed by Tamas he compares what cannot be compared (currencies, demand deposits and their mean of exchange). The interesting question is wether one can create a digital currency which is too difficult to counterfeit. As far as I know, there is no existing digital currency except this bitcoins (and maybe the currencies from games as second life and others, but which are of limited use in real world).
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    well of course money is trust, and even more loans and credit and even more stock and bond markets. It all represents trust and expectations. However since the first banks 500 years ago and the first loans etc. etc., and as well the fact that bonds and currencies bring down whole countries (Greece lately), and are mainly controlled by large financial centres and (central) banks, banks have always been on the winning side no matter what and that isn't going to change easily. So if you are talking about these new currencies it would be a new era, not just a new currency. So should Greece convert its debt to bitcoins ;P ?
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    well, from 1936 to 1993 the central bank of france was owned by the state and was supposed to serve the general interest...
santecarloni

Phys. Rev. B 84, 075304 (2011): Visible-light absorption and large band-gap b... - 2 views

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    The return of hydrogen fuels??
Francesco Biscani

Slashdot Technology Story | Is Cloud Computing the Hotel California of Tech? - 2 views

  • the cloud is still largely a one-way road into Web services, with closed data networks making it difficult to impossible to move data into competing services
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    also interesting is this article quote: "How big can the cloud get before it starts to rain?" http://hardware.slashdot.org/story/09/09/30/0152200/Amazons-Cloud-May-Provision-50000-VMs-a-Day
Francesco Biscani

Google Code Blog: Apollo 11 mission's 40th Anniversary: One large step for open source ... - 0 views

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    See, open source works :)
Dario Izzo

ESA Portal - ESA to launch two large observatories to look deep into space and time - 0 views

  • s in space, in a part of the electromagnetic spectrum still mostly unexplored. Planck is a telescope that will map the fossil light of the Universe - light from the Big Bang
    • Dario Izzo
       
      try izzo
    • LeopoldS
       
      strange entries here ? just testing the system???
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    Amazing "to look deep into space and time". What a nice pun!
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    Coooool!
ESA ACT

Is PRL Too Large to Have an ''Impact''? - 0 views

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    (we can't see this since you need a login ... assume that this was from you Pacome ...LS)
ESA ACT

Large Hadron Rap - 0 views

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    Coffee break material
ESA ACT

Dynamic spread of happiness in a large social network: longitudinal analysis over 20 ye... - 0 views

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    be happy and infect your neighbors with it :-) ....
ESA ACT

Large-scale pattern growth of graphene films for stretchable transparent electrodes : A... - 0 views

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    wow ... look at this!
pacome delva

Chemical Reactions Guide Birds Home - 0 views

  • Turtles, birds, and butterflies can migrate thousands of kilometers--even over vast oceans largely free of landmarks. Scientists suspect that these animals find their way by sensing Earth's magnetic field, yet the exact nature of this internal compass has remained a mystery. Now, researchers believe they have come closer to solving the puzzle: a magnetic-sensing chemical reaction within the eye.
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    A good occasion to get the idea out of the idea pool...?
nikolas smyrlakis

BBC NEWS | Asia-Pacific | Scientists bring snow to Beijing - 2 views

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    Did you know about this Weather Modification Office? Promising or dodgy?
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    Yes. In China it happens apparently quite often that weather is regionally modified, e.g. in order to have good weather conditions during certain events (like olympics in Beijing). But also in other countries weather modification is applied, for reasons of agriculture, pollution, skiing, etc. Obviously, one wonders on the environmental impact of such an artificial cloud feeding process with silver iodide. I just googled, stumbling upon this report http://www.weathermodification.org/AGI_toxicity.pdf which published the result: no environmentally harmful effects...
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    and w.r.t. ur question: I mean different weather conditions which we experience locally (like droughts or other extreme weather events) are (often) due to large-scale/global climatic changes. Hence, cloud seeding just describes a local, short-term mitigation of these events. However, there is a geoengineering proposal (so climate modification) which also suggests to seed clouds above the sea (i.e. increase cloud coverage, e.g. by using seaspray as cloud condesation nuclei), thereby increasing the planetary albedo (Earth reflectance) and reducing the energy reaching the Earth surface. If this idea is promising or not, I couldn't judge upon, but for sure it is worthwhile to take a closer look at.
Francesco Biscani

BBC News | Large amounts of water on Moon - 2 views

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    See, I told you smashing things around in the solar system is useful!
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    Agree, but they knew from before..... see last post
Marion Nachon

Galaxy collisions not the only source of monster black hole activity | Space | EarthSky - 1 views

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    In a surprise announcement earlier today (July 13), the European Southern Observatory said that monster black holes - those giants of millions or billions of solar masses, thought to lurk at the hearts of most galaxies - have a mechanism to become active other than galaxy collisions.
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    "A new study combining data from ESO's Very Large Telescope and ESA's XMM-Newton X-ray space observatory has turned up a surprise. Most of the huge black holes in the centers of galaxies in the past 11 billion years were not turned on by mergers between galaxies, as had been previously thought." and "The process that activates a sleeping black hole - turning its galaxy from quiet to active - has been a mystery in astronomy. What triggers the violent outbursts at a galaxy's center, which then becomes an active galactic nucleus? Up to now, many astronomers thought that most of these active nuclei were turned on when two galaxies merged, or when they passed close to each other and the disrupted material became fuel for the central black hole. Results of the new study indicate this idea may be wrong for many active galaxies." very interesting indeed
Luís F. Simões

Geoffrey West: The surprising math of cities and corporations | Video on TED.com - 3 views

  • Physicist Geoffrey West has found that simple, mathematical laws govern the properties of cities -- that wealth, crime rate, walking speed and many other aspects of a city can be deduced from a single number: the city's population. In this mind-bending talk from TEDGlobal he shows how it works and how similar laws hold for organisms and corporations.
  • For those who felt that Geoffrey glossed over the implications for cities and companies, the following article in the New York Times did a respectable job of drawing conclusions from Dr. West's paper: http://www.nytimes.com/2010/12/19/magazine/19Urban_West-t.html
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    Tokyo has a very large population and one of the smallest crime rates in the world, in fact Tokyo is known to be the safest big city in the world (w.r.t. crime). It is hard to believe that the crime rate in L.A. is in the same order of magnitude.
Thijs Versloot

Twisted light waves sent across Vienna - 2 views

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    A group of researchers from Austria have sent twisted beams of light across the rooftops of Vienna. It is the first time that twisted light has been transmitted over a large distance outdoors, and could enable researchers to take advantage of the significant data-carrying capacity of light in both classical and quantum communications. Although the data rate is not very high, it could offer a way to provide unhackable data links via space. Would provide an edge over terrestrial fibre optics?
Thijs Versloot

Test shows big data text analysis inconsistent, inaccurate - 1 views

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    Big data analytic systems are reputed to be capable of finding a needle in a universe of haystacks without having to know what a needle looks like. The very best ways to sort large databases of unstructured text is to use a technique called Latent Dirichlet allocation (LDA). Unfortunately, LDA is also inaccurate enough at some tasks that the results of any topic model created with it are essentially meaningless, according to Luis Amaral, a physicist whose specialty is the mathematical analysis of complex systems and networks in the real world and one of the senior researchers on the multidisciplinary team from Northwestern University that wrote the paper. Even for an easy case, big data analysis is proving to be far more complicated than many of the companies selling analysis software want people to believe.
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    Most of those companies are using outdated algorithms like this LDA and just apply them like retards on those huge datasets. Of course they're going to come out with bad solutions. No amount of data can make up for bad algorithms.
LeopoldS

A way forward to solve the hard problem of consciousness - 5 views

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    enjoy ....
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    ok, but if we first have to define consciousness before starting dealing with any physics, isn't a large pause looming ahead, proposed by the author?
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    I kind of subscribe to Tononi's information theory approach to consciousness: http://www.biolbull.org/content/215/3/216.full And of course the watered down wikipedia version for whoever lacks the patience to read the whole treatise http://en.wikipedia.org/wiki/Integrated_information_theory
annaheffernan

Highly accurate quantum accelerometers - 5 views

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    Their accuracy is orders of magnitude better than what is currently being used, however at the moment, it sounds like quite a large setup -> they're working on getting it down to 1m^3 :o, still any gravity mapping instruments could benefit from these in the future.
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    Actually GPS is much more accurate, but as it doesnt work under water, the only alternative (without building an underwater GPS equivalent using probes) is to use cumulative accelerometer data. But as this is prone to drifting over time, quantum systems like this can help improving the accuracy significantly.
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    Very true :). I was thinking though when you want to remove 'noise' from any gravity mapping experiment, highly accurate accelerometers are required, like those used in GOCE.
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