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How to Plan Like a Pro: Part 1 of 2

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@pasbynumbersPas_byNumbers

An inquisitive programmer with a strong passion for Music and Technology

If you fail to plan, you plan to fail!

What is a plan anyway?

Here’s a definition by Cambridge English Dictionary:

— a set of decisions about how to do something in the future.

My Definition:

— A strategic approach towards improving the circulation and implementation of ideas.

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Whichever definition you prefer, a plan can easily be interpreted as a set of processes that break down larger concepts into smaller ones, allowing for better decisions and approaches as you progress through a project.

Should I even?

Planning can seem all a bit redundant, in this day and age when we have many a tool that can alleviate the preparation process so that as developers, we can just jump straight in and start coding… right? Why would anyone want to put the time aside to write down what to do instead of just going ahead and doing it?

Despite the general tendencies to plan effectively when foreseeing a project, many companies and professionals have spent too little time or none in the planning stage. As you’ve probably suspected, consequences follow.

An example of bad planning can easily be seen with the testing and implementation of 5G in recent months. Tech companies such as Huawei raved about the benefits and reliability of the service so much that they announced their potential success long before they were able to prove the viability of their service to the world.

So when BBC Reporter Sarah Walton tested the capabilities of 5G connectivity in the first live broadcast to use 5G. This was the result.

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While tech company BT mentioned their EE counterpart was able to operate their connections on 800 megabits a second, BBC was only able to use 40 megabits during the broadcast. They had to cut the footage with an apology that they were unable to use the connection reliably at the time.

Pros and Cons

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There are both good sides and bad sides to planning. While a good plan will give valuable oversight to create ideal approaches, there is also such a thing as over-planning, which can have repercussions.

Pros

1. Detailed perspectives

By breaking down ideas into smaller chunks, it becomes more obvious to see where the parts fit, the overall concepts of the project, and why certain decisions need to be made to encourage the success of ideas as progress is made.

2. Task Delegation

The breakdown process reveals exactly what needs to be done. Of course, along the course of the development process, many new ideas and extra considerations would be added to the project, and many previous ideas being changed or removed entirely. Seeing what needs to be done, where and when it’s best to approach that task, and why that task is essential to be completed in such a manner reveals more insight to developers and other contributors.

3. Psychological Cleansing

I didn’t need to use such a fancy word to describe this but what I’m talking about here is that planning a project makes it easier on the mind and easier on the eyes when approaching the project. Each day you spend within the circulation of ideas can put a heavy toll on you, so always having a clear path ahead can literally make or break your momentum.

Cons

1. Time Consumption

Project-based careers such as development always have time constraints, which seem to get shorter and shorter each time you start a new project. Already having a deadline to adhere to and a manager who most likely has little to no understanding of the importance of a strong project plan makes your life difficult before you’ve even started using some of that valuable time to not work but instead to write down ideas and processes.

2. Constant Change

Projects are always liable to change, and this could happen anywhere in the workflow. Be it beginning, middle, or end. Having created a plan for your ideas to be approached a certain way only to be told by another contributor that based on user expectations, a certain idea needs to be completely rewritten can seriously shake things up, especially if you are working by the book and sticking to plans.

3. Overwhelming

Despite mentioning that a good plan can be psychologically cleansing, it can also have an adverse effect on the mind. Bearing witness to the overall scope of the project can make it obvious that there’s a lot more work to do towards implementing intentions and ideas than originally expected. This can easily break your drive before the project has even started.

Stay tuned for Part 2!

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The next section will cover my personal approaches to project planning in a development environment as well as some other tried and tested approaches that others have found success with.

Hopefully, I’ve given you some insight into the importance of a good plan, not just for projects but on a general basis too.

Thank you for reading, and stay tuned for the second part.

— Code in Peace

Also published here.

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Amazon Wants a Leader For Its Digital Currency and Blockchain Product Unit

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Amazon seems determined to maintain its reputation as an innovative company and is looking to experiment with cryptocurrencies through a digital currency payment and blockchain unit.

According to an announcement posted on Thursday, Amazon is looking for a blockchain specialist to lead its Digital Currency and Blockchain strategy.

The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap … You will work closely with teams across Amazon, including AWS, to develop the roadmap, including the customer experience, technical strategy and capabilities as well as the launch strategy.

What Amazon is Looking For

The expert must have at least an MBA or equivalent degree, 10+ years of business or technology experience, team management skills, understanding of data and metrics, and good communication skills.

The corporation did not disclose any salary offer. The person must be based on or willing to move to Seattle, Washington.

Amazon seems to be convinced of the need to innovate in the field of payments and finance. The cryptocurrency and blockchain development team is a sign of the company’s interest in exploring these emerging technologies to offer better financial products.


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According to an email shared by Business Insider, Amazon’s team confirmed its interest in exploring an approach to the world of cryptocurrencies. Still, they did not specify whether it would be through the development of a proprietary currency or through the acceptance of cryptocurrencies as a means of payment:

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon … We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”

An Old Relationship With Crypto

Amazon’s interest in the world of cryptocurrencies isn’t new. Back in 2017, it purchased, at least preemptively, a number of domains linking its brand to cryptocurrencies, including amazoncryptocurrency.com, amazoncryptocurrencies.com, and even amazonethereum.com.

However, at the time, Patrick Gauthier told CNBC that the e-commerce giant did not have much interest in cryptocurrencies and had no plans to support crypto payments.

In fact, the Pay With Moon plugin that allowed payments on Amazon with Bitcoin through Lightning Network had to change its business model to instead allow its users to purchase virtual credit cards instead of paying directly on Amazon’s site.

Also, as Cryptopotato reported in February this year, Amazon launched a job offer for a new payments system involving “Digital and Emerging Payments (DEP),” although they did not mention a direct relationship with Bitcoin or any cryptocurrency either.

This time, however, Amazon seems more willing to go public with its casual relationship with cryptos.

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Source: https://coingenius.news/amazon-wants-a-leader-for-its-digital-currency-and-blockchain-product-unit-38/?utm_source=rss&utm_medium=rss&utm_campaign=amazon-wants-a-leader-for-its-digital-currency-and-blockchain-product-unit-38

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AI

Fintech Giant Zip Co to Provide Cryptocurrency Trading Services

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Amazon seems determined to maintain its reputation as an innovative company and is looking to experiment with cryptocurrencies through a digital currency payment and blockchain unit.

According to an announcement posted on Thursday, Amazon is looking for a blockchain specialist to lead its Digital Currency and Blockchain strategy.

The Payments Acceptance & Experience team is seeking an experienced product leader to develop Amazon’s Digital Currency and Blockchain strategy and product roadmap … You will work closely with teams across Amazon, including AWS, to develop the roadmap, including the customer experience, technical strategy and capabilities as well as the launch strategy.

What Amazon is Looking For

The expert must have at least an MBA or equivalent degree, 10+ years of business or technology experience, team management skills, understanding of data and metrics, and good communication skills.

The corporation did not disclose any salary offer. The person must be based on or willing to move to Seattle, Washington.

Amazon seems to be convinced of the need to innovate in the field of payments and finance. The cryptocurrency and blockchain development team is a sign of the company’s interest in exploring these emerging technologies to offer better financial products.


ADVERTISEMENT

According to an email shared by Business Insider, Amazon’s team confirmed its interest in exploring an approach to the world of cryptocurrencies. Still, they did not specify whether it would be through the development of a proprietary currency or through the acceptance of cryptocurrencies as a means of payment:

“We’re inspired by the innovation happening in the cryptocurrency space and are exploring what this could look like on Amazon … We believe the future will be built on new technologies that enable modern, fast, and inexpensive payments, and hope to bring that future to Amazon customers as soon as possible.”

An Old Relationship With Crypto

Amazon’s interest in the world of cryptocurrencies isn’t new. Back in 2017, it purchased, at least preemptively, a number of domains linking its brand to cryptocurrencies, including amazoncryptocurrency.com, amazoncryptocurrencies.com, and even amazonethereum.com.

However, at the time, Patrick Gauthier told CNBC that the e-commerce giant did not have much interest in cryptocurrencies and had no plans to support crypto payments.

In fact, the Pay With Moon plugin that allowed payments on Amazon with Bitcoin through Lightning Network had to change its business model to instead allow its users to purchase virtual credit cards instead of paying directly on Amazon’s site.

Also, as Cryptopotato reported in February this year, Amazon launched a job offer for a new payments system involving “Digital and Emerging Payments (DEP),” although they did not mention a direct relationship with Bitcoin or any cryptocurrency either.

This time, however, Amazon seems more willing to go public with its casual relationship with cryptos.

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Source: https://coingenius.news/fintech-giant-zip-co-to-provide-cryptocurrency-trading-services-24/?utm_source=rss&utm_medium=rss&utm_campaign=fintech-giant-zip-co-to-provide-cryptocurrency-trading-services-24

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Blockchain Startups Raised over $4 Billion in VC Funding in Q2 2021

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Most blockchain-based startups have seen funding from venture backers, despite the current cryptocurrency market downturn, recording over $4 billion in Q2 alone.

This massive venture capital backing is in keeping with the established trend of VC funding for blockchain firms as investors look to be part of the new wave of disruption associated with decentralized finance.

VC Backers Continue to Dole Out Funding for Blockchain Startups

According to CNBC on Thursday (July 22, 2021), venture capital investors seem not to worry about the volatile nature associated with the crypto market, especially with the current slump in market prices. Bitcoin, which reached an all-time high )ATH) of over $63,000 back in April, is trading within the $33,000 range, losing over 50% of its ATH. Ether price has also suffered a slump after getting to over $4,000 in May.

Meanwhile, data from CB Insights, an analytics firm, revealed that the total funds received by different blockchain companies are $4.38 billion. The figure signals a more than 50% increase from Q1 2021, and almost a ninefold growth compared to Q2 2020.

In May, major fintech company Circle received $440 million from VC backers, making it the largest venture capital funding in a blockchain company. Meanwhile, Circle is planning to go public through an alliance with a special purpose acquisition company (SPAC) Concord Acquisition Corp. The merger, if successful, will put Circle’s valuation at $4.5 billion.


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Ledger, a cryptocurrency hardware wallet, raised the second-biggest round in Q1 2021 with $380 million. According to an interview with CNBC in December 2020, the company’s CEO Pascal Gauthier noted that the cryptocurrency market was gradually maturing, with institutional investors showing interest in the emerging industry.

Speaking to CNBC, CB Insights senior analyst, Chris Bendtsen :

“At the current rate, blockchain funding will shatter the previous year-end record — more than tripling the total raised back in 2018. Blockchain’s record funding year is being driven by the rising consumer and institutional demand for cryptocurrencies. Despite short-term price volatility, VC firms are still bullish on crypto’s future as a mainstream asset class and blockchain’s potential to make financial markets more efficient, accessible, and secure.”

Institutional Investors Seek Exposure to Crypto Industry

The record inflow of funding for blockchain firms is coming from both traditional VC funds and blockchain-focused funds alike. Some asset managers are even creating blockchain venture arms for both early and late-stage funding of projects in the industry.

As previously reported by CryptoPotato in June, venture capital giant Andreessen Horowitz announced the launch of a $2.2 billion cryptocurrency fund. According to the company, the new fund would be distributed across various crypto and blockchain startups.

Blockchain Capital raised $300 million for its Fund V LP back in May, with PayPal, Visa. hedge funds, and others participating in the capital raise.

Meanwhile, the trend is continuing in Q3 2021 with massive funding deals. Recently, major cryptocurrency derivatives platform FTX secured a record $900 million in its Series B funding, causing the company’s valuation to grow to $18 billion.

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CNBC

WhatsApp says NSO spyware was used to attack officials working for US allies

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The NSO Group has denied that its spyware was used to compromise many politicians’ phones, but WhatsApp is telling a different story. The chat giant’s CEO, Will Cathcart, told The Guardian in an interview that governments allegedly used NSO’s Pegasus software to attack senior government officials worldwide in 2019, including high-ranking national security officials who were US allies. The breaches were reportedly part of a larger campaign that compromised 1,400 WhatsApp users in two weeks, prompting a lawsuit.

The reporting on the NSO “matches” with findings from the 2019 attack on WhatsApp, Cathcart said. Human rights activists and journalists were also believed to be victims.

The executive was responding to allegations that governments used Pegasus to hack phones for 37 people, including those of women close to murdered Saudi journalist Jamal Khashoggi. Those targets were also on a 2016 list of over 50,000 phone numbers that included activists, journalists and politicians, although it’s not clear that anyone beyond the 37 fell prey to attacks.

NSO has strongly rejected claims about the hacks and the list, insisting that there’s “no factual basis” and that the list was too large to be focused solely on potential Pegasus targets. It also directly challenged Cathcart, asking if the WhatsApp exec had “other alternatives” to its tools that would help thwart “pedophiles, terrorists and criminals” using encrypted software.

Cathcart, however, didn’t buy that explanation — he pointed to the 1,400 people as possible evidence that the number of targets was “very high.” Whatever the truth, it’s safe to say WhatsApp won’t shy away from its lawsuit (or a war of words) any time soon.

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Source: https://www.engadget.com/whatsapp-nso-spyware-attack-215334253.html?src=rss

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