Connect with us

Blockchain

The Grand Serverpunk Bazaar

Welcome to the birth of a new digital marketplace

Avatar

Published

on

Welcome to the birth of a new digital marketplace

Photo by cottonbro from Pexels

Wind the clock back three decades. Pick a random kid off the street and ask them what they want to be when they grow up.

I’d bet a hundred dollars on them saying “Astronaut”.

It would just make sense. The shuttle missions were still in full swing and Tom Hanks had charmed our pants off in Apollo 13. By 2000, we had a permanent fucking space station in low-Earth orbit, with astronauts and cosmonauts breaking bread in microgravity.

It was hard not to fall in love with the idea of life in zero-G.

Today, if you did that same exercise, you’d get a different answer. Kids are still interested in stars, sure — but they want to be YouTube stars. YouTube wasn’t even a thing until 2005, but it’s captured the hearts and minds of children just like the space shuttle did.

Technology is weird that way. It doesn’t just change the here and now: it changes the whole arc for what we aspire to become.

Nowadays, it’s not even clear you’d want to “become” any one thing. No: it’s the age of the hustler. You pick up fares on Lyft for a few hours and hammer out Monday’s article for Substack the next. You pull a freelance web gig on Upwork, drive over to that house you were planning to flip next month, hit that gym where you trade hours of personal training for consulting on SEO optimization, and collapse into a shivering wreck when you roll back home thinking sometimes life is too much grind and not enough rise.

But then you do it again.

We are individualist creators, bargainers, dealmakers, and promoters. And technology is going to carry that spirit into the next century.

The future will be home to a grand serverpunk bazaar — and I’m going to show you how.

In 2008, a bunch of overconfident gamblers crashed the global economy and made many of us very angry. One of us was so angry, in fact, that they anonymously published a 9-page white-paper on how to completely sidestep a system where you’re forced to trust in century-old financial institutions that clearly didn’t deserve it.

This was the birth of cryptocurrency.

Over the years people have started treating these currencies like dutch tulips, sure, but many of them are still at their core a giant fuck you to the Wall Street powers that be.

It started with Bitcoin, which lets you trade and settle transactions without needing to to trust anything except the integrity of a network and the validity of computer code (which, yes, is still a stretch — but is still probably better than trusting a gang of suits).

To record and settle transactions, computers running Bitcoin software listen for transactions, write them up into a “block” of new records, and then do a bunch of work vying for the chance to have their block added to the global ledger that everyone shares.

This Proof of Work ends up consuming more electricity than some nation-states — but the new trustless economy doesn’t start and stop with Bitcoin. Cardano and Ethereum, among others, are making of use of something called Proof of Stake — which is basically just a “put your money where your mouth is” method of writing new transactions to the blockchain. You get the chance to write to the chain as long as you own some of the currency: if you own 1%, you’ll write 1% of the time and get a reward for doing the work each time.

This can lead to some very lucrative opportunities.

What happens when you have currency but don’t exactly have the technical know-how or resources to start running a node in one of these massive global financial networks? You have the power to write transactions and get rewarded for that work, but it’s sitting there unused. That’s a problem.

What people might naturally do here is pool a bit of their money together and then delegate it to someone who knows how to stake it. This is called a stake pool. Once rewards are paid out, the person running the stake pool splits it up and pays it back out to the folks who put up the funds.

This might happen in a variety of ways, but in my opinion, Cardano does it the most thoughtfully. In their system, delegating the money in your wallets to a stake pool is a first-class notion of their protocol. Their vision — and what is happening before our own eyes — is the growth and expansion of a competitive marketplace, where stake pool operators all over the world are running nodes and trying to convince the average Joe to delegate their currency to them.

Which bring us to our intrepid entrepreneurs, and the stake pool zoo.

The Cardano stake pool marketplace is as vibrant as it is weird — and there’s a reason why.

The main thing you want out of stake pool is the chance of getting rewards on your staked currency, which means you’re looking for stake pool operators who can keep their hardware running reliably, who don’t take an unfair cut of the rewards, and who you can reach just in case something goes wrong.

There are a lot of ways to reassure you of those things.

Garden Eden personally pledges $5 million worth of currency into their node, so you know they’re serious about collecting rewards on that bad boy. This means high server uptime, a supercharged connection, and a continuous source of power. Anybody delegating to them will probably see those same reliable rewards. Plus, they offer educational content on how to run your own pool — which is kind of dope.

But wait, what about the Dawn pool? It’s run by a dude who’s been contributing to free and open source software for years — plus, he’s published an investment strategy guide to help people out in this strange new world. Maybe that’s a trustworthy bet?

Wait, hey, what about this whole bunch of pools that donate a portion of rewards to charities? That might be even more convincing!

The world out there is rich and varied. In a perfect competitive market where the major factor in differentiation is branding and personality, it’s almost designed to be.

And you can help keep it that way.

You’ve got an old PC rig collecting dust in storage, and you buy fresh SSDs and an Ethernet cable from your local tech shop to get up to spec. You hook that up in your garage (which you don’t use anway), start up a block-producing node, and start staking your money — but to get more shots at writing blocks and collecting rewards, you need to convince a couple of other people to join you. You start a Facebook group and your friends hop in. Over the course of the week, you’ve got a nice operation going.

Or, wait, no —

You’ve been working on your off-the-grid hideaway in the middle of the wilderness. You’ve got so many solar panels that your batteries can’t even hold all the power you generate. Instead of letting it go to waste, you boot up a lightweight laptop and start up a Cardano node. SOLAR’s going to be how you show up on the ticker tape. The folks on eco-Twitter eat that shit up and hop into your pool, and you mention they can hit up your Telegram group at any time if they see issues.

Or maybe —

You notice that a shopping mall’s construction crews have engineered a neglected, abandoned room that nobody uses. A development company threatens to nuke your apartment and evict you and you decide, fuck this, and take back control over your life by just moving into this spot and hooking up to the free power supply. A couple of friends loan you a server rack from back in the day and you plug in, setting up a Cardano node. You drop into IRC channels and after-hours anarchosocialist forums and tell people to join your pool, get paid, and fuck the system. They do, even though they know you risk getting shut down any day by the local property enforcement department.

Or how about —

You’re a student at an art school. You set up a server in a sculpture like you saw they did at the Hochschule für Gestaltung a while back.

It’s a masterpiece of steel, bronze, silicon, and cable. You consider minting an NFT to mark its creation, but first you use it to host a node. Your Instagram followers, inspired, ask if they can join your pool. Of course they can.

You’ll only take a small fee.

The new side-hustle is the hustle of the stake pool operator, and you can make the responsibility your own however you might imagine.

But it’s not just for you. Yeah, it can be lucrative, and you can help others cash in on rewards, too. But the important thing is, the wider this marketplace is, and the more people involved, the more decentralized it is.

No one org should have all that power.

No one party can have a lot of power when everybody’s trying to get in on the action. We already have a situation where massive institutions are muscling in and starting up metric assloads of nodes. They are sitting on a lot of money, and thus can gain a lot of power.

Binance has already set up god knows how many pools. And who knows what the other exchanges are up to?

That is unacceptable.

You — the individual maker and doer — can take that power back and make some cash while you’re at it. The system is engineered so that the more of a hustler you are, and the more self-interested you are, the better it works.

Individuals and their social communities need to be the centers of this new serverpunk economy, but that means we need to step up.

So. When are you getting started?

Resources

Full disclosure: I definitely own my fair share of Ada, and yes, I want everyone to join the network so that its integrity is maintained. (I mean, a price bump wouldn’t hurt either, if you know what I mean — but that’s not exactly what I’m going for).

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://medium.com/geekculture/the-grand-serverpunk-bazaar-bfff3d914869?source=rss——-8—————–cryptocurrency

Blockchain

DOGE Co-founder Reveals the Reasons Behind its Price Rise

Avatar

Published

on

Table of Contents

Rate this post

Billy Markus, who created Dogecoin back in 2013 with Jackson Palmer has taken to Twitter (where he dwells as “Shibetoshi Nakamoto”) to share his take on the recent Dogecoin rally.

According to him, the Dogecoin market is hugely driven by emotion and sentiment. The price of DOGE in the market is moved by people’s decisions, made for their own personal reasons.

What is Moving the Price of Dogecoin in the Market? Co-founder Answered

Billy Markus developed the meme-coin DOGE back in 2013 as an imitation of Bitcoin back. The Dogecoin that was changing hands as low as $0.0026 last month is now sitting at $0.61. According to the statistics, DOGE is the fourth digital asset of the market. 

In his recent interviews with Bloomberg the founder and CEO of Galaxy Digital, Mike Novogratz, stated that,

“Dogecoin may be favored by millennials and generation Z since buying it is similar to showing the middle finger to the system. This is reminiscent of the craze over Gamestop shares.”

However, he cautioned against Dogecoin, stating that 

“There are no development upgrades for this coin, nor is there any money from financial institutions going into it.”

DOGE Wave Take Further Rise This Year

DOGE has always been seen as Elon Musk’s favorite. A significant price surge can be seen due to Elon Musk Tweets.  

The “DOGE influencer” was the first one to call it the “people’s currency,” then promised to put “literal DOGE on the literal Moon” via SpaceX. 

From the latest, Musk is preparing to make an appearance on “Saturday Night Live,” i.e. Today this weekend.

According to reporter Kate Rooney

“The newest DOGE investors particularly see Musk’s tweets as the main price pumper of the meme-coin. DOGE is making its way into online gambling markets as people are making bets about what Musk will talk about on SNL and whether it will be his favorite Shiba-Inu cryptocurrency.”

READ  Elon Musk Admits Bitcoin Cash Offers Much Lower Fees than Bitcoin

#DOGE co-founder Billy Markus #Dogecoin (DOGE) #Elon Musk DOGE support

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.cryptoknowmics.com/news/doge-co-founder-reveals-the-reasons-behind-its-price-rise

Continue Reading

Blockchain

JOSÉ FONTE AND EDER BECOME THE FIRST FOOTBALLERS IN THE WORLD TO LAUNCH NFTs

Avatar

Published

on

EURO 2016 champions have produced unique and authentic digital art pieces
to be auctioned online starting today
Lisbon, 7 May 2021 – European champions and Portuguese Internationals José Fonte
and Éder are the first two footballers worldwide to launch their own Non-Fungible
Tokens (NFTs), creating unique and authentic digital art pieces that will be auctioned
online. The two NFTs were made in partnership with Jedi3 and part of the revenues
raised through the auction will revert to social and community support. The creations
will be auctioned on the well-known platform of NFTs, OpenSea, starting today and
can be found here:
https://opensea.io/collection/eder-lopes-2016-european-champion
https://opensea.io/collection/jose-fonte-2016-european-champion
The creative concept of both pieces was developed by the athletes themselves together with
the project Jedi3. Fonte focused his illustration on his career path and all the obstacles he
had to overcome in order to become an international player and win EURO 2016. Eder’s
piece is a digital creation of the boot he used to score the winning goal for Portugal in the
final of the European Championship against France.
In this first launch, there will be:
● 10 limited digital editions of Éder’s right boot that scored the Euro final goal, in a
digital 3D version;
● 10 limited digital editions of an illustration that represents the path followed by José
Fonte until the title in the Euro;
● Furthermore, a “masterpiece” of Éder’s boot that will give the right to the digital item
plus the real boot he used to score the winning goal in the final.

The auction started today on the Open Sea platform and will last for a week and all
transactions will be made in Ethereum cryptocurrency. Fonte and Eder follow in the footsteps
of NFL and NBA players who have already participated in the creation of NFTs.
José Fonte talked about the launch: “Everybody follows what is going on in the US with
NFTs, and I’ve been following it too for the last few months. Some of my favourite people are
exploring this new world, this new connection with the fans. I tried to explore this connection
with the fans, to give them something that is new and authentic. This creation means a lot to
me, because the story of it is about my career, about what I’ve been through in my life. It’s
about resilience, showing determination and never giving up and showing that anything is
possible with hard work. I’m excited. I want the fans to be open minded. First of all, it’s for a
good cause as well. Part of the money will go into some foundations and institutions that we
want to help. We want to give something back to the
people, which is really important to us.”
Eder showed all his enthusiasm about this project: “It’s a fantastic world. It’s been booming
in the US because of the NFTs that have been created in the NBA. José Fonte and I expect
to be the first football players to launch an NFT in the world. An NFT is unique, has value for
the person that creates it, it’s art and I think that has a lot of value for the fans. We’ve
participated in a big victory at the Euros and I know our fans will be amazed by a creation
like this. My creation means a lot to me and to Portugal. It’s the boot that scored the winning
goal at the final and it’s really important to me. It’s something that the football fans will
appreciate. Another important reason is helping an institution that we will give part of the
funds to. It’s something important to do and a big step.”
Part of the profits from the auction of each of the pieces will revert to charities and
community institutions. Éder will benefit PAJE – platform of support to young former foster
children, association of which he is godfather and partner. Regarding José Fonte, the focus
will be the community of Penafiel, where he was born, by donating funds to the local
Firefighters corporation, where his grandfather was the 2nd Commander, to the ERPI –
Estrutura Residencial para Idosos de Penafiel, and the APADIMP – Associação de Pais e
Amigos dos Diminuídos Mentais de Penafiel. The Lille central defender will also donate
funds to support football in Portugal to institutions yet to be defined.
For João Matos Cruz, from Jedi3, “this project is born from the fusion of diverse interests of
a group of friends: football, blockchain and digital art. In a context where the technology of
distributed registration allows to protect, authenticate and promote, for example, artists’
work, or relevant moments, we felt it was time to give visibility, in the digital world, to two
iconic figures in the history of Portuguese football: Éder Lopes and José Fonte. In the first
case, through the boot with which he scored the goal of the Euro 2016 final, as a
masterpiece of a moment of collective transcendence. In the case of José Fonte, illustrating
his path that was also one of overcoming, of constant struggle against adversity, until the
final consecration as European champion.”
What are NFTs?
A non-fungible token (NFT) is a type of cryptographic token on a blockchain, which
represents a unique asset. They can be fully digital assets or tokenized versions of
real-world assets. As NFTs are not interchangeable with each other, they can act as proof of
authenticity and ownership in the digital realm.
There are numerous success stories of sportsmen or sports-related individuals who have
launched their own NFTs in recent months in the US. The mythical quarterback Tom Brady
will even launch a platform for the creation and sale of NFTs called “Autograph” where he
promises to bring together several well-known names from the music, fashion and
entertainment industries. Those who have already launched their own NFT’s include Patrick
Mahomes, the 2020 NFL champion and Zion Williamson, one of the NBA’s most promising
stars.
The value of an NFT derives from the story that is told, what gave rise to the NFT and who
actually issued it. It is a certificate of authenticity per se, identified by a unique,
non-falsifiable “contract address”.
The technology used for this purpose, blockchain, thus allows a direct and decentralised
interaction between athletes and their digital admirers / followers. In this case, these players
become stars, also, in the digital world, directly launching tokens, whose artistic and
authentic character, guarantees their buyers a unique collector’s item.

Continue Reading

Blockchain

JOSÉ FONTE AND EDER BECOME THE FIRST FOOTBALLERS IN THE WORLD TO LAUNCH NFTs

Avatar

Published

on

EURO 2016 champions have produced unique and authentic digital art pieces
to be auctioned online starting today
Lisbon, 7 May 2021 – European champions and Portuguese Internationals José Fonte
and Éder are the first two footballers worldwide to launch their own Non-Fungible
Tokens (NFTs), creating unique and authentic digital art pieces that will be auctioned
online. The two NFTs were made in partnership with Jedi3 and part of the revenues
raised through the auction will revert to social and community support. The creations
will be auctioned on the well-known platform of NFTs, OpenSea, starting today and
can be found here:
https://opensea.io/collection/eder-lopes-2016-european-champion
https://opensea.io/collection/jose-fonte-2016-european-champion
The creative concept of both pieces was developed by the athletes themselves together with
the project Jedi3. Fonte focused his illustration on his career path and all the obstacles he
had to overcome in order to become an international player and win EURO 2016. Eder’s
piece is a digital creation of the boot he used to score the winning goal for Portugal in the
final of the European Championship against France.
In this first launch, there will be:
● 10 limited digital editions of Éder’s right boot that scored the Euro final goal, in a
digital 3D version;
● 10 limited digital editions of an illustration that represents the path followed by José
Fonte until the title in the Euro;
● Furthermore, a “masterpiece” of Éder’s boot that will give the right to the digital item
plus the real boot he used to score the winning goal in the final.

The auction started today on the Open Sea platform and will last for a week and all
transactions will be made in Ethereum cryptocurrency. Fonte and Eder follow in the footsteps
of NFL and NBA players who have already participated in the creation of NFTs.
José Fonte talked about the launch: “Everybody follows what is going on in the US with
NFTs, and I’ve been following it too for the last few months. Some of my favourite people are
exploring this new world, this new connection with the fans. I tried to explore this connection
with the fans, to give them something that is new and authentic. This creation means a lot to
me, because the story of it is about my career, about what I’ve been through in my life. It’s
about resilience, showing determination and never giving up and showing that anything is
possible with hard work. I’m excited. I want the fans to be open minded. First of all, it’s for a
good cause as well. Part of the money will go into some foundations and institutions that we
want to help. We want to give something back to the
people, which is really important to us.”
Eder showed all his enthusiasm about this project: “It’s a fantastic world. It’s been booming
in the US because of the NFTs that have been created in the NBA. José Fonte and I expect
to be the first football players to launch an NFT in the world. An NFT is unique, has value for
the person that creates it, it’s art and I think that has a lot of value for the fans. We’ve
participated in a big victory at the Euros and I know our fans will be amazed by a creation
like this. My creation means a lot to me and to Portugal. It’s the boot that scored the winning
goal at the final and it’s really important to me. It’s something that the football fans will
appreciate. Another important reason is helping an institution that we will give part of the
funds to. It’s something important to do and a big step.”
Part of the profits from the auction of each of the pieces will revert to charities and
community institutions. Éder will benefit PAJE – platform of support to young former foster
children, association of which he is godfather and partner. Regarding José Fonte, the focus
will be the community of Penafiel, where he was born, by donating funds to the local
Firefighters corporation, where his grandfather was the 2nd Commander, to the ERPI –
Estrutura Residencial para Idosos de Penafiel, and the APADIMP – Associação de Pais e
Amigos dos Diminuídos Mentais de Penafiel. The Lille central defender will also donate
funds to support football in Portugal to institutions yet to be defined.
For João Matos Cruz, from Jedi3, “this project is born from the fusion of diverse interests of
a group of friends: football, blockchain and digital art. In a context where the technology of
distributed registration allows to protect, authenticate and promote, for example, artists’
work, or relevant moments, we felt it was time to give visibility, in the digital world, to two
iconic figures in the history of Portuguese football: Éder Lopes and José Fonte. In the first
case, through the boot with which he scored the goal of the Euro 2016 final, as a
masterpiece of a moment of collective transcendence. In the case of José Fonte, illustrating
his path that was also one of overcoming, of constant struggle against adversity, until the
final consecration as European champion.”
What are NFTs?
A non-fungible token (NFT) is a type of cryptographic token on a blockchain, which
represents a unique asset. They can be fully digital assets or tokenized versions of
real-world assets. As NFTs are not interchangeable with each other, they can act as proof of
authenticity and ownership in the digital realm.
There are numerous success stories of sportsmen or sports-related individuals who have
launched their own NFTs in recent months in the US. The mythical quarterback Tom Brady
will even launch a platform for the creation and sale of NFTs called “Autograph” where he
promises to bring together several well-known names from the music, fashion and
entertainment industries. Those who have already launched their own NFT’s include Patrick
Mahomes, the 2020 NFL champion and Zion Williamson, one of the NBA’s most promising
stars.
The value of an NFT derives from the story that is told, what gave rise to the NFT and who
actually issued it. It is a certificate of authenticity per se, identified by a unique,
non-falsifiable “contract address”.
The technology used for this purpose, blockchain, thus allows a direct and decentralised
interaction between athletes and their digital admirers / followers. In this case, these players
become stars, also, in the digital world, directly launching tokens, whose artistic and
authentic character, guarantees their buyers a unique collector’s item.

Continue Reading

Blockchain

Crypto.com Now Enabling Cosmos’ Inter-Blockchain Communication Functionality for Cross-Chain Transfers

Avatar

Published

on

Hong Kong-based Crypto.com announced on Thursday it is now enabling Cosmos’ Inter-Blockchain Communication (IBC) functionality for cross-chain transfers. According to Crypto.com, According to the duo, this integration creates new capabilities for future cross-chain implementations of the Crypto.org Chain and other IBC-enabled chains. 

The integration allows for the transferring and receiving of assets (tokens) and data using the ICS20 standard on the Crypto.org Chain Mainnet.  IBC assets will be available in the Bank module of the Crypto.org Chain, and CRO on other IBC-enabled chains.”

Cosmos and Crypto.com further revealed as part of its development on IBC, the project will create a bridge between Crypto.org Chain to Ethereum protocols, bringing on board Ethereum developers as innovative projects to the Crypto.org Chain ecosystem. Sharing more details about the integration, Eric Anziani, COO of Crypto.com, stated:

“The Inter-Blockchain Communication Protocol (IBC) enables self-sovereign networks to connect, which will lead to building a strong ecosystem of networks thanks to the flexibility and open nature of IBC. The IBC launch marks the end of “network tribalism”. It also aligns with one of Crypto.org Chain’s goals of building  an open ecosystem — one that is welcoming to and supported by innovative projects, including Payments, DeFi and NFT initiatives.”

Founded in 2016, Crypto.com serves over 10 million customers today with its crypto app, along with the Crypto.com Visa Card, the Crypto.com Exchange, and Crypto.com DeFi Wallet.

“Crypto.com is built on a solid foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, CCSS Level 3, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks.”

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://www.crowdfundinsider.com/2021/05/175098-crypto-com-now-enabling-cosmos-inter-blockchain-communication-functionality-for-cross-chain-transfers/

Continue Reading
Aviation2 hours ago

Ryanair Goes Full Steam Ahead On Portugal Capacity Expansion

Cyber Security3 hours ago

U.S. and the U.K. Published Attack on IT Management Company SolarWinds

Aviation3 hours ago

What Happened To Lufthansa’s Boeing 707 Aircraft?

IOT5 hours ago

Argo AI Develops LiDAR to Advance Autonomous Delivery

Aviation5 hours ago

Kenya Airways Partners With South Africa’s Airlink

Blockchain News6 hours ago

Nasdaq-Listed Metromile Backs Bitcoin for its Insurance Products

Blockchain6 hours ago

DOGE Co-founder Reveals the Reasons Behind its Price Rise

SaaS6 hours ago

SaaS6 hours ago

SaaS6 hours ago

SaaS6 hours ago

SaaS6 hours ago

Coinpedia6 hours ago

Analyst Predicts the Future of Dogecoin and XRP! Says XRP Price Will Pump the Hardest!

Fintech6 hours ago

The Spanish fintech Pecunpay strengthens its position as a leader in the issuance of corporate programs

Blockchain6 hours ago

JOSÉ FONTE AND EDER BECOME THE FIRST FOOTBALLERS IN THE WORLD TO LAUNCH NFTs

Blockchain6 hours ago

JOSÉ FONTE AND EDER BECOME THE FIRST FOOTBALLERS IN THE WORLD TO LAUNCH NFTs

Esports7 hours ago

Best Talon build for League of Legends season 11

Business Insider7 hours ago

Green drive scales new peaks

Energy7 hours ago

PNM and AVANGRID Formally File New Mexico Stipulation with Additional Parties

Business Insider7 hours ago

PNM and AVANGRID Formally File New Mexico Stipulation with Additional Parties

Esports7 hours ago

TFT Patch 11.10 preview showcases large number of buffs

SaaS7 hours ago

SaaS7 hours ago

SaaS7 hours ago

SaaS7 hours ago

SaaS7 hours ago

Cleantech8 hours ago

What We Know About Tesla’s “Bobcat Project”

Aviation8 hours ago

407 Squadron defends Canada for 80 years

Aviation8 hours ago

United Airlines Uses The Crisis To Diversify Latin American Network

Aviation8 hours ago

The Shaunavon Airport to Receive Provincial Funding

Trending