Machine learning algorithms, whether in the form of “AI” or simple shortcuts for sifting through data, are incapable of making rational decisions because they don’t rationalize — they find patterns. That government agencies across the US put them in charge of decisions that profoundly impact the lives of humans, seems incomprehensibly unethical.
“The reason why Bitcoin was initially adopted — the reason why Bitcoin and blockchain technology exists today — is that it exists for primarily one reason and one reason only. People don’t like to say this, but it’s because of the dark markets.”
Since Bitcoin’s introduction in 2009, there have been several attempts to include a decision-making process as part of the rules of a blockchain. This is called on-chain governance, a formalized way in which a group of people can make changes by voting through the protocol.
Last week, statements from Binance CEO Changpeng Zhao (aka CZ) and Ethereum co-creator Vitalik Buterin led the community to speculate on the possibility of the crypto market achieving a 1,000 return in value in the long-term.
As described in a paper published this week in the journal Nature, researchers from universities in the US and Italy used machine learning to train an algorithm to control a glider to navigate thermals.
The U.S. Securities and Exchange Commission (SEC) announced that it needed more time to make a decision regarding the VanEck-SolidX Bitcoin ETF, and it set 29 December 2018 as the new deadline.
Quantum computing is one of the most exciting technologies there is, but its basis in quantum physics makes it a pain in the ass to understand and even harder to do anything with. A recent breakthrough in physics research, however, might change all of that and start a computing revolution.
Regulators are discouraging trading in cryptocurrencies while they explore legislative frameworks. This is opening up economic space that smaller nations are looking to fill, by welcoming investments in cryptocurrencies, launching their own sovereign ones and steering clear of heavy-handed regulations. Success could transform them into cryptocurrency tax havens and safe spaces, and models for smaller economies of the future.