Listen to this song to the end, brilliant :)
trader, blockchain technologist and contentpreneur.Also founder and ceo at teacher forex school
Thailand, Pattaya city. A very strange place, present religiosity and debauchery ...
P.S. you will finally see me, because there is a shot at the beginning of the movie, have fun;)
video: Go Pro Hero 7
I thought I should write a quick post since I haven't done so in a while. I'm still alive ;)
In the past few weeks, I've been busy working on a project related to COVID risk. I've learned quite a bit recently about virology and how to model epidemics. One of the most notable things was the bimodal nature of the disease (where many cases are asymptomatic) means it is challenging to contain or know the prevalence.
Now that there are a few serology studies released, we are beginning to see that the disease has affected more people than previously reported. The good news there is that the infection fatality rate (IFR) is likely not as high as the worst-case estimates, but it's still very significant for the older population. If someone told you that 1 out of every 5-10 older adults who get the disease would die, then maybe we can begin to appreciate it's severity. Not that younger people are free of risk either. The latest estimates have reported that 1 out of every 100 people who get the disease will die from it.
That brings me to much of what I observe and read about in terms of younger people unafraid of the disease, not taking precautions, or engaging in risky behaviour. Just because younger people are less likely to die, they still spread the virus and kill others.
Hopefully, everyone is safe. I am curious to hear about your personal experiences where you are.
The guide has been prepared for non-technical people and contains loose comparisons so that a person not familiar with computer science can understand them. Various simplifications are included, and some "important" technical themes have been omitted.
I suspect that you shop every day with your card or cash in your currency. Euro? Dollar? Bolivar? Yen? It doesn't matter, but you've probably noticed yourself that there is no single currency - many countries have their own currency and it seems logical.
But why? Of course the law obliges you to do so if you do not follow the rules - e.g. pay taxes in a particular currency, you will be punished.
But a group of programmers decided to create something revolutionary - global money that is independent. There is no owner, no government - there is only programmer code and rules. The rules that define Bitcoin.
It may seem strange, but every currency has its own rules. You may have encountered the concept of "inflation target". The state sets a so-called "inflation target" for money, which shows that, on average, money should lose value e.g. 2% per year. It may seem strange to you, but these are the rules of many countries to encourage you to spend, because if you save money in your account, it will lose value.
Bitcoin has its rules - the maximum amount of Bitcoin is 21 million, 1 Bitcoin consists of 100000000 Satoshi and so on.
You may wonder how it is possible that something "computer" is safe. The answer is Blockchain.
But before I say what a blockchain is - You may have watched the movie "Matrix" from Keanu Reeves. Morpheus gives Thomas Anders a choice - if he takes the blue pill, he will continue living. If he chooses red, he'll see the real world, outside the Matrix.
In the movie, Thomas chooses the red pill, what if he chooses the blue one? We decide to change this decision in the photoshop and change the color of the pills. But this one change changes the whole film - you have to make an alternative version.
The same is true of blockchain - it's a decentralized computer database where the change of one thing (e.g. my account balance) changes successive values. A domino effect.
So we have a "book called blockchain." We want this book to be distributed for free all over the world. How do you do that? It is best to send it to as many people as possible. Then in case of flood, hurricane or fire, the book will survive.
But this attitude has its price. As it is an endless book, it will take up more and more space. It will turn out that e.g. home users will remove the book from the house because they will have no room for their clothes, electronic equipment or beds.
Removing a book from the house even slowly - increases the chances that one day the book will disappear irretrievably.
That is why the cards added to the book should be as rare (and dense) as possible ... but it reduces the amount of text that can be saved anyway. It's a big problem.
But someone comes up with an idea - maybe instead of writing everything down exactly - let's write summaries.
Lightning Network is a computer network, where instead of creating hundreds or thousands of transactions and saving them to blockchain, users make such transactions between themselves (in a safe way, of course) to finally save only the final state of transactions on blockchain. In this way we can save a lot of space and reduce the cost of storing blockchain (books).
The second problem is the time of adding blocks (cards). It's about 10 minutes in Bitcoin. Which means that you can normally go to the store, do your shopping... and wait for confirmation for a few minutes (confirmation - information if your message is saved in the block). In Lightning, blocks don't matter, so you can make a transaction in e.g. a second and make sure that everything is ok.
Zapread is a social network project where your voice matters. Here you can earn Bitcoin and spend. You can develop through writing, but you can also support other writers. You can reward for good content ...
The easiest option (although not the best one) is to install Phoenix Wallet on your phone.
After starting, select the New Wallet button. The wallet works immediately, but it's worth saving the "seed". (make wallet backup). The wallet dictates 12 words to be written on the card.
If you want to receive funds from Zapread, press the Received button, then the 3 icons - resembling a notebook - and enter the amount you want to withdraw.
Pressing "Create invoice" will create a new payment confirmation. Using the first icon you can copy and paste it into Zapread. Done!