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FAQs
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As first time entrepreneurs, what part of the process are people often completely blind to?
The 100 Rules for Being a First-Time EntrepreneurIf you Google “entrepreneur” you get a lot of mindless cliches like “Think Big!” For me, being an “entrepreneur” doesn’t mean starting the next “Faceook”. Or even starting any business at all.It means finding the challenges you have in your life, and determining creative ways to overcome those challenges. However, in this post I focus mostly on the issues that come up when you first start your company. These rules also apply if you are taking an entrepreneurial stance within a much larger company (which all employees should do).Just as good to be an “entreployee” as an “entrepreneur”. Either one will help you survive this world of increased economic uncertainty.For me, I’ve started several businesses.Maybe 17 have failed out of 20. I fail quickly. I fail frequently. Entrepreneurship is a sentence of failures punctuated by brief success.I’m invested in about 28 private companies. I’ve advised probably another 50 private companies. I’m on the board of several private companies and one public company. The companies ranging from $0 in revenues to a billion in revenues.Along the way I’ve compiled a list of rules that have helped me deal with every aspect of being an entrepreneur in business and some in life.Here’s the real rules:A) It’s not fun. I’m not going to explain why it’s not fun. These are rules. Not theories. I don’t need to prove them.But there’s a strong chance you can hate yourself throughout the process of being an entrepreneur. Keep sharp objects and pills away during your worst moments. And you will have them. If you are an entrepreneur and agree with me, please note this in the comments below.B) Try not to hire people. You’ll have to hire people to expand your business. But it’s a good discipline to really question if you need each and every hire.C) Get a customer. This seems obvious. But it’s not. Get a customer before you start your business, if you can.So many people say to me, “I have an idea. Can you introduce me to VCs?”There is a HUGE gap between “idea” and “professional venture capital”.In the middle of that gap is “customer”.D) If you are offering a service, call it a product.Oracle did it. They claimed they had a database. But if you “bought” their database they would send in a team of consultants to help you “install” the database to fit your needs.In other words, for the first several years of their existence, they claimed to have a product but they really were a consulting company. Don’t forget this story. Products are valued higher than services.And almost EVERY major software product company was a service company in the beginning. Don’t forget that.E) It’s OK to fail. Start over. Hopefully before you run out of money. Hopefully before you take in investor money. Or, don’t worry about it. Come up with new ideas. Start over.F) Be profitable. Try to be profitable immediately. This seems obvious but it isn’t. Try not to raise money. That money is expensive.G) When raising money: if it’s not easy then your idea is probably incapable of raising money. If its easy, then take as much as possible. If its TOO easy, then sell your company (unless you are Twitter, etc).(if its too easy, sell your company)H) The same goes for selling your company. If it’s not easy, then you need to build more. Then sell. To sell your company, start getting in front of your acquirers a year in advance. Send them monthly updates describing your progress. Then, when they need a company like yours, your company is the first one that comes to mind.Don’t be like that guy in the TV show “Silicon Valley”. If someone offers you ten million for a company that has no revenues, then sell it. Not everything is going to be a Facebook. And even the Google guys tried to sell their company for ONE MILLION DOLLARS to Yahoo before they were revenue positive.SELL THE COMPANY.I) Competition is good. It turns you into a killer. It helps you judge progress. It shows that other people value the space you are in. Your competitors are also your potential acquirors.J) Don’t use a PR firm. Except maybe as a secretary. You are the PR for your company. You are your company’s brand. You personally.I’ve never had a good PR company. I’ve had good PR secretaries. But they are cheaper. One time I hired a PR company and they accidentally sent me the contract for Terry Bradshaw. He was paying $10,000 a month. How did they do for him?K) Communicate with everyone. Employees. Customers. Investors. All the time. Every day.Employees want to know what to do. And they want to know you are thinking of their overall career.Customers want to know how to keep their bosses calm.Investors want to be your friend and want to know they can count on you when time’s are tough.L) Do everything for your customers. This is very important.Get them girlfriends or boyfriends. Speak at their charities. Visit their parents for Thanksgiving. Help them find other firms to meet their needs. Even introduce them to your competitors if you think a competitor can help them or if you think you are about to be fired. Always think first, “What’s going to make my customer happy?”Note: EVEN if that means introduce them to a competitor. If you are the SOURCE, then everybody comes back to the source.M) Your customer is not a company. There’s a human there. What will make my human customer happy? Make him laugh. You want your customer to be happy.N) Show up. Go to breakfast/lunch/dinner with customers. Treat.O) History. Know the history of your customers in every way. Company history, personal history, marketing history, investing history, etc.P) Micro-manage software development. Nobody knows your product better than you do. If you aren’t a technical person, learn how to be very specific in your product specification so that your programmers can’t say: “well you didn’t say that!”Q) Hire local. You need to be able to see and talk to your programmers. Don’t outsource to India. I love India. But I won’t hire programmers from there while I’m living in the US.R) Sleep. Don’t buy into the 20 hours a day entrepreneur myth. You need to sleep 8 hours a day to have a focused mind.If you are working 20 hours a day, then that means you have flaws in how you are managing your time. You can argue about this but it’s true.S) Exercise. Same as above. If you are unhealthy, your product will be unhealthy.T) Emotionally Fit. DON’T have dating problems and software development problems at the same time. VCs will smell this all over you.U) Pray. You need to. Be grateful where you are. And pray for success. You deserve it. Pray for the success of your customers. Heck, pray for the success of your competitors. The better they do, it means the market is getting bigger. And if one of them breaks out, they can buy you.V) Buy your employees gifts. Massages. Tickets. Whatever. I always imagined that at the end of each day my young, lesbian employees (for some reason, most employees at my first company were lesbian) would be calling their parents and their mom and dad would ask them: “Hi honey! How was your day today?” And I wanted them to be able to say: “It was the best!” Invite customers to masseuse day. W) Treat your employees like they are your children. They need boundaries. They need to be told “no!” sometimes. And sometimes you need to hit them in the face (ha ha, just kidding). But within boundaries, let them play.X) Don’t be greedy pricing your product. If your product is good and you price it cheap, people will buy. Then you can price upgrades, future products, and future services more expensive. Which goes along with the next rule.Y) Distribution is everything. Branding is everything. Get your name out there, whatever it takes. The best distribution is of course word of mouth, which is why your initial pricing doesn’t matter.Write a blog about your industry and be very honest about all the flaws (even your own) that is currently in your industry.Authenticity is the best branding.Z) Don’t kill yourself. It’s not worth it. Your employees need you.Your children or future children need you. It seems odd to include this in a post about entrepreneurship but we’re also taking about keeping it real.Most books or “rules” for entrepreneurs talk about things like “think big”, “go after your dreams”. But often dreams turn into nightmares. I’ll repeat it again. Don’t kill yourself. Call me if things get too stressful. Or more importantly, make sure you take proper medicationAA) Give employees structure. Let each employee know how his or her path to success can be achieved. All of them will either leave you or replace you eventually. That’s OK. Give them the guidelines how that might happen. Tell them how they can get rich by working for you.BB) Fire employees immediately. If an employee gets “the disease” he needs to be fired. If they ask for more money all the time. If they bad mouth you to other employees. If you even think they are talking behind your back, fire them.The disease has no cure. And it’s very contagious. Show no mercy. Show the employee the door. There are no second chances because the disease is incurable.I don’t say this because I want anyone to be hurt. But if you’ve followed the rules above then you are treating employees well already. NOBODY should spread the disease and badmouth you or your customers.CC) Make friends with your landlord. If you ever have to sell your company, believe it or not, you are going to need his signature (because there’s going to be a new lease owner)DD) Only move offices if you are so packed in that employees are sharing desks and there’s no room for people to walk.EE) Have killer parties. But use your personal money. Not company money. Invite employees, customers, and investors. .FF) If an employee comes to you crying, close the door or take him or her out of the building. Sit with him until it stops. Listen to what he has to say. If someone is crying then there’s been a major communication breakdown somewhere in the company. Listen to what it is and fix it. Don’t get angry at the culprit’s. Just fix the problem.(you don’t want your employees to be sad.)GG) At Christmas, donate money to every customer’s favorite charity. But not for investors or employees.HH) Have lunch with your competitors. Listen and try not to talk. One competitor (Bill Markel from Interactive 8) once told me a story about how the CEO of Toys R Us returned his call. He was telling me this because I never returned Bill’s calls. Ok, Bill, lesson noted.II) Ask advice a lot. Ask your customers advice on how you can be introduced into other parts of their company. Then they will help you. Because of the next rule…JJ) Hire your customers. Or not. But always leave open the possibility. Let it always dangle in the air between you and them. They can get rich with you. Maybe. Possibly. If they play along. So play.KK) On any demo or delivery, do one extra surprise thing that was not expected. Always add bells and whistles that the customer didn’t pay for.This is such an easy way to over deliver I’m surprised people don’t do it 100% of the time. They do it maybe 1% of the time. So this is an easy way to compete and surprise and delight.LL) Understand the demographic changes that are changing the world. Where are marketing dollars flowing and can you be in the middle. What services do aging baby boomers need? Is the world running out of clean water? Are newspapers going to survive? Etc. Etc. Read every day to understand what is going on.LLa) Don’t go to a lot of parties or “meetups” with other entrepreneurs. Work instead while they are partying.MM) But, going along with the above rule, don’t listen to the doom and gloomers that are hogging the TV screen trying to tell you the world is over. They just want you to be scared so they can scoop up all the money.NN) You have no more free time. In your free time you are thinking of new ideas for customers, new ideas for services to offer, new products.OO) You have no more free time, part 2. In your free time, think of ideas for potential customers. Then send them emails: “I have 10 ideas for you. Would really like to show them to you. I think you will be blown away. Here’s five of them right now.”OOa) Depressions, recessions, don’t matter. There’s $15 trillion in the economy. You’re allowed a piece of it:FedEx, Microsoft, HewlettPackard, and many huge companies were started in recessions or depressions. Leave economics to the academics while they leave good business to you.PP) Talk. Tell everyone you ever knew what your company does. Your friends will help you find clients.QQ) Always take someone with you to a meeting. You’re bad at following up. Because you have no free time. So, if you have another employee. Let them follow up. Plus, they will like to spend time with the boss. You’re going to be a mentor.RR) If you are consumer focused: your advertisers are your customers. But always be thinking of new services for your consumers. Each new service has to make their life better. People’s lives are better if: they become healthier, richer, or have more sex. “Health” can be broadly defined.SS) If your customers are advertisers: find sponsorship opportunities for them that drive customers straight into their arms. These are the most lucrative ad deals (see rule above). Ad inventory is a horrible business model. Sponsorships are better. Then you are talking to your customer.TT) No friction. The harder it is for a consumer to sign up, the less consumers you will have. No confirmation emails, sign up forms, etc. The easier the better.TTA) No fiction, part 2. If you are making a website, have as much content as you can on the front page. You don’t want people to have to click to a second or third page if you can avoid it. Stuff that first page with content. You aren’t Google. (And, 10 Unusual Things You Didn’t Know About Google)UU) No friction, part 3. Say “yes” to any opportunity that gets you in a room with a big decision maker. Doesn’t matter if it costs you money.VV) Sell your company two years before you sell it. Get in the offices of the potential buyers of your company and start updating them on your progress every month. Ask their advice on a regular basis in the guise of just an “industry catch-up”WW) If you sell your company for stock, sell the stock as soon as you can. If you are selling your company for stock it means:a. The market is such that lots of companies are being sold for stock.b. AND, companies are using stock to buy other companies because they value their stock less than they value cash.c. WHICH MEANS, that when everyone’s lockup period ends, EVERYONE will be selling stock across the country. So sell yours first.XX) Execution is a dime a dozen. If you have an idea worth pursuing, then just make it. You can build any website for cheap. Hire a programmer and make a demo. Get at least one person to sign up and use your service. If you want to make Facebook pages for plumbers, find one plumber who will give you $10 to make his Facebook page. Just do it.Fail quickly. Good ideas are HARD. It’s execution that is a dime a dozen.YY) Don’t use a PR firm, part II. Set up a blog. Tell your personal stories (see “33 tips to being a better writer” ). Let the customer know you are human, approachable, and have a real vision as to why they need to use you. Become the voice for your industry, the advocate for your products. If you make skin care products, tell your customers every day how they can be even more beautiful than they currently are and have more sex than they are currently getting. Blog your way to PR success. Be honest and bloody.ZZ) Don’t save the world. If your product sounds too good to be true, then you are a liar.ZZa) Your company is always for sale.AAA) Frame the first check. I’m staring at mine right now.BBB) No free time, part 3. Pick a random customer. Find five ideas for them that have nothing to do with your business. Call them and say, “I’ve been thinking about you. Have you tried this?”CCC) No resale deals. Nobody cares about reselling your service. Those are always bad deals.DDD) Your lawyer or accountant is not going to introduce you to any of their other clients. Those meetings are always a waste of time.EEE) Celebrate every success. Your employees need it. They need a massage also. Get a professional masseuse in every Friday afternoon. Nobody leaves a job where there is a masseuse.FFF) Sell your first company. I have to repeat this. Don’t take any chances. You don’t need to be Mark Zuckerberg. Sell your first company as quick as you can. You now have money in the bank and a notch on your belt. Make a billion on your next company.Note Mark Cuban’s story. Before he started Broadcast and rode it to a few billion, he sold his first software company for ten million.GGG) Pay your employees before you pay yourself.HHH) Give equity to get the first customer. If you have no product yet and no money, then give equity to a good partner in exchange for them being a paying customer. Note: don’t blindly give equity. If you develop a product that someone asked for, don’t give them equity. Sell it to them. But if you want to get a big distribution partner whose funds can keep you going forever, then give equity to nail the deal.III) Don’t worry about anyone stealing your ideas. Ideas are worthless anyway. It’s OK to steal something that’s worthless.IIIA) Follow me on twitter.Questions from ReadersQuestion: You say no free time but you also say keep emotionally fit, physically fit, etc. How do I do this if I’m constantly thinking of ideas for old and potential customers?Answer: It’s not easy or everyone would be rich.Question: if I get really stressed about clients paying, how do I get sleep at night?Answer: medicationQuestion: how do I cold-call clients?Answer: email them. Email 40 of them. It’s OK if only 1 answers. Email 40 a day but make sure you have something of value to offer.Question: how can I find cheap programmers or designers?Answer: if you don’t know any and you want to be cheap: use Hire Freelancers & Find Freelance Jobs Online, Elance, or craigslist. But don’t hire them if they are from another country. You need to communicate with them even if it costs more money.Question: should I hire programmers?Answer: first…freelance. Then hire.Question: what if I build my product but I’m not getting customers?Answer: develop a service loosely based on your product and offer that to customers. But I hope you didn’t make a product without talking to customers to begin with?Question: I have the best idea in the world, but for it to work it requires a lot of people to already be using it. Like Twitter.Answer: if you’re not baked into the Silicon Valley ecosystem, then find distribution and offer equity if you have to. Zuckerberg had Harvard. MySpace had the fans of all the local bands they set up with MySpace pages. I (in my own small way) had Stock Market - Business News, Market Data, Stock Analysis - TheStreet when I set up Stockpickr! Your Source for Stock Ideas. I also had 10 paying clients when i did my first successful business fulltime.Question: I just lost my biggest customer and now I have to fire people. I’ve never done this before. How do I do it?Answer: one on meetings. Be Kind. State the facts. Say you have to let people go and that everyone is hurting but you want to keep in touch because they are a great employee. It was an honor to work with them and when business comes back you hope you can convince them come back. Then ask them if they have any questions. Your reputation and the reputation of your company are on the line here. You want to be a good guy. But you want them out of your office within 15 minutes. It’s a termination, not a negotiation. This is one reason why it’s good to start with freelancers.Question: I have a great idea. How do I attract VCs?Answer: build the product. Get a customer. Get money from customer. Get more customers. Build more services in the product. Get VC. Chances are by this point, the VCs are calling you.Question: I want to build a business day trading.Answer: bad ideaQuestion: I want to start a business but don’t know what my passion is:Answer: skip to the post: “How to be the luckiest person alive”. Do the Daily Practice. Within six months your life will be completely different.Question: I want to leave my job but I’m scared.Answer: same as above question. The Daily Practice turns you into a healthy Idea Machine. Plus luck will flow in from every direction.Final rule: Things change. Every day. The title of this post, for instance, says “100 Rules”. But I gave about 70 rules (including the Q&A). Things change midway through. Be ready for it every day. In fact, every day figure out what you can change just slightly to shake things up and improve your product and company.Your business is not your life. When you start a business you also get a cognitive bias that makes you think your business is GREAT.Every day make sure you are not smoking crack. The most important thing is your health so you can be persistent. If you smoke crack you can die.I hope you succeed. Because I really need that smart toilet that sends my doctors text messages after doing urinalysis on my pee every day.Good luck.
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What's your opinion on AirSwap (AST)?
What is Airswap?Why there was a need for an exchange like Airswap?Why we are calling it the next big cryptocurrency exchange?To begin...All You Need to Know About AIRSWAP, The Next Big Cryptocurrency Exchange[1]Let's first discuss the kind of exchange we have and what is missing in the current exchanges?Currently, most of the cryptocurrency exchanges are centralized ones like bittrex or poloniex.When you are using a centralized cryptocurrency exchange then you don't have full control either on your fund or on your private key.Since these centralized cryptocurrency exchanges save your key in a centralized server or database they have a close watch on all your crypto funds transfer.And none of us really want our crypto funds to be watched upon by any third party."Necessity is the Mother of Invention"Definitely, there was a need for de-centralized cryptocurrency exchange like AIRSWAP.To make things more clear let's dig the de-centralized exchange.[What is a de-centralized cryptocurrency exchange like Airswap?]A de-centralized cryptocurrency exchange is an exchange which has the architecture of the platform built in such a manner that no centralized server or bundle of servers have control over the entire platform.To understand it in simpler terms there is no need for third-party intervention.[What are the features of de-centralized cryptocurrency exchange like Airswap?]An exchange not controlled by the third party.An exchange that can't be shut down by any government.An exchange that doesn't faces failures like centralized server failures etc.An exchange that doesn't ask for KYC verification.An exchange that allows the cryptocurrency users to manage and control their funds with hundred percent privacy.[What are the major differences between centralized and de-centralized exchange?]PicsCredit:Masterthecrypto[What are benefits of de-centralized exchange like Airswap?]Identity theft will reduce to zero.Banking Cartels will not exist anymore.Innovation with no limits.Anyone can transfer wealth to anyone at any time and from any part of the world.Highly secure with zero probability of corruption.NO DOWNTIME.I hope my readers and my dear friends will have a clear idea about de-centralized cryptocurrency exchange.In case you have a doubt please do contact me or ask your query in the comment section.I am always there to help you to the best of my potentials.Almost I have written around 650 words but still, I haven't even started to talk about the topic 'airswap' which is the highlight of this blog post. - Google Search intention was to first clear the doubt if any exists between the centralized and de-centralized exchange for better understanding.Coming back to AIRSWAP...[What is Airswap?]Airswap is a de-centralized cryptocurrency exchange which uses SWAP protocol for exchanging ethereum token.Note: Swap protocol is peer-to-peer protocol.The best part of this trading platform is that the users will not have to pay any trading fee. Since there will not be any involvement of the third party to the exchange making it almost hack free.Airswap is a Hong Kong-based company, a joint venture with consensus, recently made headlines for partnering with Fortress hedge fund manager Michael Novogratz.From the research that I have done, I can definitely assure you that this exchange will be known for privacy, security, and transparency.Let's understand the key components of Airswap as it will definitely add value in case you are interested in making a career in blockchain or you are a cryptocurrency trader.Peer Protocol-I hope you are aware of peer-to-peer cryptocurrency trading.In case you aren't....No issues let me explain it to you.As the name suggests peer-to-peer transaction involves two individuals.For eg, you can consider ordering a pizza from pizza hut, chicken from KFC or even a cup of coffee from CCD as a peer-to-peer transaction.Whenever you are buying something from an e-commerce website remember it's a peer-to-peer transaction.There isn't the involvement of any third party.A peer-to-peer trading is private as it involves two parties who have a common interest.I will explain the same with an example of Maker denoted by "M" and Taker denoted by "T".Maker (M): The party that provides the order.Taker (T): The party that fills the order.The best part about peer-to-peer protocol is that anyone can take the role of maker and taker.I forget to mention that tokens are ERC20 complaints and any token that implements the standards can be very well traded using this protocol.Taker calls Maker for an order.Maker replies with an order.Taker calls contract to fill the order.Indexer Protocol-Indexer works on the concept of 'intent to trade'.The process is very simple.Here multiple makers can signal 'intent to trade' to indexer and when a maker ask for counterparties he/she may end up selecting one from multiple options.Once the Indexer has found the maker, the taker will be informed about it.Now Taker can negotiate with Maker and once ready for the agreement, the order is filled on smart contract.Makers call on the indexer.Takers also call on the indexer.Indexer calls on taker when a suitable or favorable match is found.Taker calls on Maker.Maker replies with an order.Takers call on contract to fill the order.Oracle Protocol-An oracle protocol is an off-chain service that provides pricing information to both makers and takers.When pricing an order prior to delivering it to a Taker, a Maker may ask the Oracle for what it considers a fair price suggestion.Likewise, having received an order, a Taker may ask the Oracle to check the price on the order to verify that it’s fair.The Oracle provides this pricing information to help both the Maker and the Taker make more educated pricing decisions and to smooth the process of trade negotiation.Takers call on the Makers.Makers call on the Oracle.Oracle provides a price to the Maker.Maker replies with an order only after analyzing the price.Taker calls the Contract for Order fulfillment.A similar interaction happens between Taker and Oracle when Taker receives an Order.Taker calls the Maker.Maker replies with an order.Taker call on Oracle.Oracle returns a price to the Taker.Taker calls the Contract only after the analyzing the price information.Ethereum Smart Contract-An ethereum smart contract is used to fill or cancel orders.Fill:- An atomic swap of tokens called by a Taker. The contract ensures that the message sender matches taker and ensures that the time indicated in expiration has not passed.To fill orders, peers must have already called approve on the specified tokens to allow the contract to withdraw at least the specified amounts.For token transfers, the contract calls transferFrom on the respective tokens.At the successful completion of this function, a Filled event is broadcast to the blockchain. The parameters,vr and sconstitute the maker signature.Cancel:- A cancellation of an order that has already been communicated to a Taker but not yet filled. Called by the Maker of the order.Marks the order as already having been filled on the contract so a subsequent attempt to fill the order will fail.At the successful completion of this function, a Canceled event is broadcast to the blockchain.Read More……Footnotes[1] All You Need to Know About AIRSWAP, The Next Big Cryptocurrency Exchange
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What are the pros and cons of each computer programming language?
Here is a list of Cons: (From Shooting yourself in the foot in various programming languages)370 JCL You send your foot down to MIS and include a 300-page document explaining exactly how you want it to be shot. Two years later, your foot comes back deep-fried.You shoot yourself in the head just thinking about it.You find the first building you're in in the phone book, then find your office number in the corporate phone book. Then you have to write this down and describe, in cubits, your exact location in relation to the door (the right side thereof). Then you need to write down the location of the gun (loading it is a proprietary utility), then you load it, and the COBOL program, and run them, and with luck, it may be run tonight.Ada If you are dumb enough to actually use this language, the United States Department of Defense will kidnap you, stand you up in front of a firing squad, and tell the soldiers, "Shoot at his feet."After correctly packaging your foot, you attempt to concurrently load the gun, pull the trigger, scream, and shoot yourself in the foot. When you try, however, you discover that your foot is of the wrong type.You scour all 156e54 pages of the manuals, looking for references to foot, leg, or toe; then you get hopelessly confused and give up. You sneak in when the boss isn't around and finally write the damn thing in C. You turn in 7,689 pages of source code to the review committee, knowing they'll never look at it, and when the program needs maintenance, you quit.Algol You shoot yourself in the foot with a Civil War-era musket. The musket is aesthetically fascinating, and the wound baffles the adolescent medic in the emergency room.Algol 60 You spend hours trying to figure out how to fire the gun because it has no provisions for input or output.Algol 68 You mildly deprocedure the gun, the bullet gets firmly dereferenced, and your foot is strongly coerced to void.APL You shoot yourself in the foot and then spend all day figuring out how to do it in fewer characters.You hear a gunshot and there's a hole in your foot, but you don't remember enough linear algebra to understand what happened.@#&^$%&%^ footAPT You cut a perfect bullethole in your foot and shoot through it.ASP You try to shoot yourself in the foot, but the most advanced thing you can manage is to cut your wrist.Assembly You try to shoot yourself in the foot only to discover that you must first invent the gun, the bullet, the trigger, and your foot.You crash the OS and overwrite the root disk. The system administrator arrives and shoots you in the foot. After a moment of contemplation, the system administrator shoots himself in the foot and then hops around the room rapidly shooting at everyone in sight.By the time you've written the gun, you are dead, and don't have to worry about shooting your feet. Alternatively, you shoot and miss, but don't notice.Using only 7 bytes of code, you blow off your entire leg in only 2 CPU clock ticks.BASIC Shoot self in foot with water pistol. On big systems, continue until entire lower body is waterlogged.BCPL You shoot yourself somewhere in the leg; you can't get any finer resolution than that.C You shoot yourself in the foot.You shoot yourself in the foot and then nobody else can figure out what you did.C++ You accidentally create a dozen instances of yourself and shoot them all in the foot. Providing emergency medical assistance is impossible since you can't tell which are bitwise copies and which are just pointing at others and saying, "That's me, over there."C# You shoot yourself in the foot, but first have to switch to unsafe mode.You forget precisely how to use the .NET interface and shoot yourself in the foot. You sue Microsoft for damages.Clipper You grab a bullet, get ready to insert it in the gun so that you can shoot yourself in the foot, and discover that the gun that the bullet fits has not yet been built, but should be arriving in the mail real soon now.COBOL USEing a COLT.45 HANDGUN, AIM GUN at LEG.FOOT, THEN PLACE ARM.HAND.FINGER on HANDGUN.TRIGGER and SQUEEZE. THEN RETURN HANDGUN to HOLSTER. CHECK whether SHOELACE needs to be retied.Allocate $500,000 for the project. Define foot, bullet, gun. Run press_trigger. Go for coffee break. Return in time to put foot under bullet.You try to shoot yourself in the foot, but the gun won't fire unless it's aligned in column 8.Concurrent Euclid You shoot yourself in somebody else's foot.CP/M You remember when shooting yourself in the foot with a BB gun was a big deal.CSS Everyone can now shoot themselves in the foot, but all their feet come out looking identical and attached to their ears.dBase You buy a gun. Bullets are only available from another company and are promised to work so you buy them. Then you find out that the next version of the gun is the one that is scheduled to actually shoot bullets.You squeeze the trigger, but someone corrupted the index and the bullet shoots you in the eye.You squeeze the trigger, but the bullet moves so slowly that by the time your foot feels the pain you've forgotten why you shot yourself anyway.DCL $ MOUNT/DENSITY=.45/LABEL=BULLET/MESSAGE="BYE" BULLET::BULLET$GUN SYS$BULLET$ SET GUN/LOAD/SAFETY=OFF/SIGHT=NONE/HAND=LEFT/CHAMBER=1/ACTION=AUTOMATIC/LOG/ALL/GULL SYS$GUN_3$DUA3:[000000] GUN.GUN$ SHOOT/LOG/AUTO SYS$GUN SYS$SYSTEM:[FOOT] FOOT.FOOT%DCL-W-ACTIMAGE, error activating image GUN-CLI-E-IMGNAME image file $3$DUA240:[GUN] GUN.EXE;1-IMGACT-F-NOTNATIVE, image is not an OpenVMS Alpha AXP imageDelphi You try to shoot yourself in the foot but discover that the bullets you already had are not compatible with the new gun version, but Borland promises a fix real soon now.Eiffel You create a GUN object, two FOOT objects, and a BULLET object. The GUN passes both the FOOT objects as a reference to the BULLET. The FOOT objects increment their hole counts and forget about the BULLET. A little demon then drives a garbage truck over your feet and grabs the bullet (both of it) on the way.You take out a contract on your foot. The precondition is that there's a bullet in the gun; the postcondition is that there's a hole in your foot.English You put your foot in your mouth, then bite it off.Forth Foot in yourself shoot.First you decide to leave the number of toes lost on the stack and then implement the word foot-toes@ which takes three numbers from the stack: foot number, range, and projectile mass (in slugs) and changes the current vocabulary to blue. While testing this word you are arrested by the police for mooning (remember, this is a bottom-up language) who demonstrate the far better top-down approach to damaging yourself.BULLET DUP3 * GUN LOAD FOOT AIM TRIGGER PULL BANG EMIT DEAD IF DROP ROT THEN. This takes about five bytes of memory, executes in two to ten clock cycles on any processor, and can be used to replace any existing function of the language as well as in any future words. Welcome to bottom-up programming, where you too can perform compiler pre-processing instead of actually writing code.FORTRAN You shoot yourself in each toe, iteratively, until you run out of toes, then you read in the next foot and repeat. If you run out of bullets or toes, you continue anyway because no exception processing was anticipated.Haskell On a warm Saturday afternoon, sitting by the pool with a margarita, you casually sit up from your chaise lounge chair, signNow over and pick up a gun, aim at your foot, and lazily pull the trigger.You shoot yourself in the foot very elegantly, and wonder why the whole world isn't shooting itself this way.You spend several hours creating a new copy of the Universe which is identical to the existing one except your foot has a hole in it. You then hear that it can be done more elegantly with Dyadic Functile Hyper-Arrows, but the very act of reading some of the included sample code causes one of your metatarsals to explode.HTML You cut a bullethole in your foot with nothing more than a small penknife, but you realize that to make it look convincing, you need to be using Dreamweaver.HyperTalk Put the first bullet of the gun into foot left of leg of you. Answer the result.You describe how to shoot yourself in the foot, which not only happens, but you also get cool visual effects.As of HyperTalk 2.2, you cannot shoot yourself in the foot from within the stack; you must write this functionality into an XCMD or XFCN. However, we anticipate this functionality to be incorporated into the next major release.IDL You easily shoot yourself in the foot, complete with neat little graphs showing the trajectory of the bullet and the result of the impact. After twenty hours and ten thousand lines of code, your friend proudly announces that he has accomplished the same thing in an Excel spreadsheet.Java You write a program to shoot yourself in the foot and put it on the Internet. People all over the world shoot themselves in the foot, and everyone leaves your website hobbling and cursing.You amputate your foot at the ankle with a fourteen-pound hacksaw, but you can do it on any platform.JavaScript You find that Microsoft and Sun have released incompatible class libraries both implementing Gun objects. You then find that although there are plenty of Foot objects implemented in the past in many other languages, you cannot get access to one. But, seeing as JavaScript is so cool, you don't care and go around shooting anything else you can find.LaTeX compy$ more foot_shooting.tex\documentclass[12pt]{article}\usepackage{latexgun,latexshoot}\begin{document}See how easy it is to shoot yourself in the foot? \\\gun[leftfoot]{shoot} \\\pain\end{document}compy$ latex foot_shooting...line 6: undefined control sequence \painLisp You shoot yourself in the appendage which holds the gun with which you shoot yourself in the appendage which holds the gun with which you shoot yourself in the appendage which holds the gun with which you shoot...You attempt to shoot yourself in the foot, but the gun jams on a stray parenthesis.Linux You shoot yourself in the foot with a Gnu.Logo You can easily shoot the gun, but you have to work out the geometry to make sure the bullet goes into your foot.Mac OS (System 7) Double-click the gun icon and a window appears, giving a selection for guns, target areas, and balloon help with medical remedies. Click the "shoot" button and a small bomb appears with a note "Bad F-line instruction."Mac OS (System 7.1) Double-click the gun icon and a window appears, giving a selection for guns, target areas, and balloon help with medical remedies. Click the "shoot" button and a small bomb appears with a note "Error of type 1 has occurred."Mac OS 9 Double-click the gun icon and a window appears, giving a selection for guns, target areas, and balloon help with medical remedies. Click the "shoot" button and a window appears with the message "You need to install the latest version of CarbonLib. Should I get it for you?" You click "Yes" and your computer hangs.Mac OS X You try to shoot yourself in the foot from the GUI but the gun has inexplicably turned into a bag of Skittles.You open up the Terminal, type sudo shoot -p ~/Library/BodyParts/Preferences/foot.plist, and your kernel panics.Matlab You shoot yourself in the foot five times from the command prompt before you can put your foot in an m file.Once your foot is in an m file you shoot it fifty more ways effortlessly and then plot the results.Eventually you can't afford to continue shooting yourself in the foot this way, so you graduate to less elegant ways of shooting yourself in the foot with Excel.Modula-2 After realizing that you can't actually accomplish anything in the language, you shoot yourself in the head.MOO You ask a wizard for a pair of hands. After lovingly hand-crafting the generic gun and generic bullet, you flag the objects as fertile and then tell everyone they can now shoot themselves in the foot.Motif You spend days writing a UIL description of your foot, the trajectory, the bullet, and the intricate scrollwork on the ivory handles of the gun. When you finally get around to pulling the trigger, the gun jams.MS-DOS You finally find the gun, but you can't find the file with the bullets for the life of you.You shoot yourself in the foot, but you can unshoot yourself with add-on software.MPW Because you don't actually have a gun, you write an imitation UNIX shell and shoot yourself in the foot using Pascal..NET You can now shoot yourself in the foot with any of fourteen weapons, ranging from an antique medieval crossbow to a laser-guided Destructo-Beam. However, all these weapons must be manufactured by Microsoft and you must pay Microsoft royalties every time you shoot yourself in the foot.Objective-C You write a protocol for shooting yourself in the foot so that all people can get shot in their feet.Occam You shoot both your feet with several guns at once.Oracle You decide to shoot yourself in the foot, so you go out and buy a gun, but the gun won't work without "deploying" a shoulder holster solution, relational titanium-alloy bullets, body armor infrastructure, a laser sight assistant, a retractable arm stock application, and an enterprise team of ballistic experts and a chiropodist.The menus for coding foot_shooting have not been implemented yet, and you can't do foot_shooting in SQL.Paradox Not only can you shoot yourself in the foot, your users can too.Pascal The compiler won't let you shoot yourself in the foot.The gun is mounted such that it cannot point towards your feet, but you can swivel it round and shoot yourself in the head instead.Perl You separate the bullet from the gun with a hyperoptimized regexp, and then you transport it to your foot using several typeglobs. However, the program fails to run and you can't correct it since you don't understand what the hell it is you've written.You stab yourself in the foot repeatedly with an incredibly large and very heavy Swiss Army knife.You shoot yourself in the foot and then decide it was so much fun that you invent another six completely different ways to do it.There are so many ways to shoot yourself in the foot that you post a query to comp.lang.perl.misc to determine the optimal approach. After sifting through 500 replies (which you accomplish with a short Perl script), not to mention the cross-posts to the perl5-porters mailing list for which you upgraded your first sifter into a package, which of course you uploaded to CPAN for others who might have a similar problem (which, of course, is the problem of sorting out e-mail and news, not the problem of shooting yourself in the foot), you set to the task of simply and elegantly shooting yourself in the foot, until you discover that, while it works fine in most cases, NT, VMS, and various flavors of Linux, AIX, and Irix all let you shoot you in the foot sooner than your Perl script could.PHP Three thousand people line up on your apartment's welcome mat and demand to be shot in their feet. One by one, you oblige them, but halfway through, the http connection times out and the crowd lynches you.PicoSpan You can't shoot yourself in the foot because you're not a host.Whenever you shoot yourself in the foot, someone opens a topic in policy about it.PL/1 After consuming all system resources including bullets, the data processing department doubles its size, acquires two new mainframes, and drops the original on your foot.PostScript foot bullets 6 locate loadgun aimgun shoot showpageProlog You tell your program you wish to be shot in the foot. The program figures out how to do it, but the syntax doesn't allow it to explain.Your program tries to shoot you in the foot, but you die of old age before the bullet leaves the gun.Python You shoot yourself in the foot and then brag for hours about how much more elegantly you did it than if you had been using C or (God forbid) Perl.You create a gun module, a gun class, a foot module, and a foot class. After realizing you can't point the gun at the foot, you pass a reference to the gun to a foot object. After the foot is blown up, the gun object remains alive for eternity, ready to shoot all future feet that may happen to appear.Revelation You'll be able to shoot yourself in the foot just as soon as you figure out what all these bullets are for.Ruby You shoot yourself in the foot and then have to justify it to all your friends who are still naively using Perl.SAS You spend three hours trying to cut your way through your foot with a rock flake, only to realize that the language was invented before guns allowed you to shoot yourself in the foot interactively in one easy step with no programming.You have no idea that the gun, the bullet, or your foot exists. The gun is locked in a safe in a bank vault on the other side of the galaxy, the bullet is locked in a safe in a bank vault in another galaxy, and the people who know the combinations for the safes and bank vaults died ten million years ago. Still, the gun goes off and fires the bullet through your foot.Scheme You shoot yourself in the appendage which holds the gun with which you shoot yourself in the appendage which holds the gun with which you shoot yourself in the appendage which holds the gun with which you shoot...but none of the other appendages are aware this is happening.You vaguely remember something from your Comp Sci 101 class about shooting yourself in the foot, but why should you waste your time shooting yourself using a functional programming language?sh, csh, etc. You can't remember the syntax for anything so you spend five hours reading man pages before giving up. You then shoot the computer and switch to C.SmallTalk You spend so much time playing with the graphics and windowing system that your boss shoots you in the foot, takes away your workstation, and makes you develop in COBOL on a character terminal.You shoot yourself in the foot and your foot sends doesNotUnderstand: Pain to your brain.You daydream repeatedly about shooting yourself in the foot.SML/NJ You program a structure for your foot, the gun, and the bullet, complete with associated signatures and function definitions. After two hours of laborious typing, forgetting of semicolons, and searching old Comp Sci textbooks for the definition of such phrases as "polymorphic dynamic objective typing system", as well as an additional hour for brushing up on the lambda calculus, you run the program and the interpreter tells you that the pattern-match between your foot and the bullet is nonexhaustive. You feel a slight tingling pain, but no bullethole appears in your foot because your program did not allow for side-effecting statements.SNOBOL If you succeed, shoot yourself in the left foot. If you fail, shoot yourself in the right foot.You grab your foot with your hand, then rewrite your hand to be a bullet. The act of shooting the original foot then changes your hand/bullet into yet another foot (a left foot).SQL You cut your foot off, send it out to a service bureau, and when it returns it has a hole in it, but it will no longer fit the attachment at the end of your leg.UNIX % lsfoot.c foot.h foot.o toe.c toe.o% rm * .orm: .o: No such file or directory% ls%Visual Basic You'll only appear to have shot yourself in the foot, but you'll have so much fun doing it you won't care.You do a Google search on how to shoot yourself in the foot using Visual Basic. You find seventeen completely different ways to do it, none of which are properly structured. You paste the first example into the IDE and compile. It brushes your teeth.VMS %SYS-F-FTSHT, foot shot (fifty lines of traceback omitted)Windows 3.1 Double-click the gun icon and wait. Eventually a window opens giving a selection for guns and target areas. Click the "shoot" button and a small box appears with the note "Unable to open shoot.dll, check that path is correct."Windows 95 Your gun is not compatible with this OS and you must buy an upgrade and install it before you may continue. Then you will be informed that you don't have enough memory.Windows ME There will be too many sudden reboots to allow the bullet to get through, so your foot hangs instead.Windows XP Some teenage hacker shoots you in the foot with ActiveX. You develop gangrene and die.XBase Shooting yourself is no problem, but if you want to shoot yourself in the foot, you'll have to use Clipper.Xcode Your Objective-C and Java programs now have nifty little graphical interfaces and will run on both PowerPC and x86-based architectures, but you still can't shoot yourself in the foot unless you're the superuser.XMLYou vaporize your entire lower half with a bazooka.You can't actually shoot yourself in the foot; all you can do is describe the gun in painful detail.Z You write out all the specification of your foot, the bullet, the gun, and the relevant laws of physics, but all you can do is prove that you can shoot yourself in the foot.
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What are non-Bitcoin/cryptocurrency applications of blockchain technology?
From Sneakers To Pharma to Gold: An Inside Look At The Evolution Of ChronicledAt some point, everyone who has bought collectible shoes or luxury clothing online has had the same thought. “Is this the real deal?”Good question.When a supply chain can easily stretch halfway around the globe, how do you know if those Yeezys on your feet are legit? When we started Chronicled, we weren’t thinking about Yeezys specifically, but we did have a goal in mind. That goal was to create a global protocol for blockchain that allows any object to be registered to, verified against, transferred on, or--in the case of the special class of objects that had a chip inside--to sign off on events, messages, accesses, financial transactions, etc.Not sure what that has to do with your sneakers? Let me explain.Chronicled was founded in 2014. We set out to explore non-financial use cases for blockchain. The average person has probably heard of blockchain in the context of Bitcoin, Ethereum, and other cryptocurrencies. And while blockchain does underpin those cryptocurrencies, the terms aren’t interchangeable. Blockchain isn’t Bitcoin, it’s the technology that makes those cryptocurrencies possible.And it turns out that blockchain has plenty of other uses. We founded Chronicled in order to investigate those non-financial uses by building the first IoT x Blockchain laboratory in the world. Much of our early work in that laboratory was focused on fine art, consumer products, and luxury goods. Why? Because those are industries with a high prevalence of counterfeit goods. Some industries, like pharma, lose billions of dollars each year due to supply diversion and counterfeit products.But how could we create a unique identity for a piece of fine art painted on a canvas? Or a bottle of rare wine? Or the designer purse you ordered online last week? The answer: tiny microchips, just like the chip inside your credit card.In 2015, Chronicled began working with companies to embed, or affix, cryptographic microchips in or on luxury and consumer products. We would then register those encrypted identities to a blockchain so they could be authenticated. Those microchips can’t be copied or corrupted. They have a unique identity that allows consumers to determine whether or not the 1947 Cheval Blanc on their dinner table is the real deal.Those were the first two primitive protocols we developed at Chronicle—Register and Verify. There was finally a way to register fine art, luxury goods, and consumer products with an unreproducible identity that could then be verified by the consumer. It’s a game-changing concept that is already creating a safer, more transparent buying process for consumers.But let’s keep moving. Fast forward to 2016 when we were hard at work on the newest uses for blockchain. Many of our clients were interested not only in using the blockchain to register and verify the identity of an object, but also in using the smart contract feature of blockchain to securely transfer custody and/or ownership. In parallel with our own move into smart supply chain, more enterprise players were beginning to work with blockchain technology as the vast possibilities became evident.Even JP Morgan had gotten in on the action with Quorum, their own enterprise ledger and smart contract platform. So, we went from registering and verifying products, to also transferring custody, ledgering data and events, and tracking provenance of an item over time using more powerful systems and smart contracts. In 2016, we began working on our next two protocol primitives, Transfer and Ledger, and our Smart Supply Chain platform was born.The Smart Supply Chain Initiative led us to some incredible projects in several different industries. For instance, we began work on the MediLedger project, a joint venture that set out to solve the problem of counterfeit drugs in the pharmaceutical supply chain. We’ve also worked on a responsible gold venture to track the provenance of the world’s gold supply, and with our partner Ambisafe we will tokenize physical gold by linking the physical gold bullion identities to digital, tradeable ERC20 tokens for the first time in human history. In the future, we can track many kinds of conflict minerals with this same blockchain approach.Notice that industries all across the spectrum are benefitting from blockchain. That’s not a coincidence. Moving forward, the trust, security, and data privacy that blockchain brings is going to change and improve nearly every industry.So, let’s flip ahead on the calendar and start looking at what the future holds. It’s 2018, and our sixth protocol primitive is in place—Value Transfer. Chronicled’s Blockchain x IoT API is not only powering unique product identities and supply chain tracking and provenance, but it can also enable machine payments and IoT economies.Picture this:A drone hitches a ride on an Uber and uses the charging port on top to refuel. Then it makes a micropayment for the ride and the charge before resuming its journey. If you think that sounds futuristic, then you’re going to be in for some surprises in the next few years. We’re talking about decentralized energy grids. Fully secure and connected smart cities. And eventually, a fully connected world running on the protocols that we’ve built.Blockchain technology is set to change everything. It’s time to start paying attention to the innovations that blockchain is creating, because the pace of disruption is only going to increase. The progress we’ve made at Chronicled in just three years has been astounding, and we’ve only just begun.
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What is so great about Chandra Babu Naidu?
CREDITS: Anurag kumar S (अनुराग कुमार एस), Students at Chandigarh University (2017-present)40 ACHIEVEMENTS OF CHANDRABABU NAIDU IN 4 YEARS AS CHIEF MINISTER OF ANDHRA PRADESH.4 Years as Chief Minister of the new state of Andhra Pradesh !Did he live upto the expectations of the people of Andhra Pradesh ?Did his vision translate into something quantifiable ?Here are the 40 major achievements of Andhra Pradesh Chief Minister Mr.Chandrababu Naidu.1. MAKING VIZAG AND VIJAYAWADA AS ONE OF THE CLEANEST CITIES OF INDIA.Vizag and Vijayawada have amazingly transformed into India’s one of the Cleanest Cities. The Cleanliness of Vizag has been attracting tourism from Across the country and from beyond.2. DECIDED THE CAPITAL AT THE CENTER OF THE STATE SO THAT IT IS ACCESSIBLE TO EVERYONE AND NAMED IT“AMARAVATI – THE PEOPLE’S CAPITAL “As Andhra Pradesh is a very long state, Capital should be accessible to everyone, so he decided the capital to be in the center.Amaravati Started as an Idea that way.3. CONVINCED FARMERS TO DONATE 35,000 ACRES OF LAND IN LAND POOLING SCHEME WHERE BOTH FARMERS AND GOVERNMENT HAD A WIN WIN SITUATION.A master stroke of all is the Land Pooling scheme of Amaravati which is a role model for the whole nation. There are instances of Governments changing for land acquisitions of around 1000 Acres. In this case farmers volunteered to come and join the land pooling.In land pooling, Farmers get 1/3 of the land back in the developed area of Amaravati City. Farmers are the biggest supporters of Amaravati and are being made the front face for their love and sacrifice for building a Future City for the 5 Crore Andhra Pradesh people.4. BIGGEST ACHIEVEMENT, THOUGH UNDERPLAYED IS MOVING EMPLOYEES FROM HYDERABAD TO AMARAVATI.Andhra Pradesh’s revenue crisis was making it worse and people were not happy spending their taxes in a different state, Also for people of Andhra Pradesh, going to Hyderabad to meet their government wasn’t feeling great.Instead of waiting for whole of amaravati to be ready, Mr.Naidu built an Interim Capital with 6 Lakh Sft of Office Space in a record time of 4 Months.20,799 employees of the Andhra government’s secretariat offices and 89 departments spread across Hyderabad have moved to the new capital Amaravati bringing new activity in the capital, new taxes and new businesses as these employees spend their salary in the new state of Andhra Pradesh and not in Hyderabad, so would be people who will be coming to meet them for work.5. UNIVERSITIES STARTED TO OPERATE IN THE VERY FIRST YEAR OF INCEPTION.Due to fast follow up from Andhra Pradesh state and due to the Union Ministers TDP had in the NDA govt, some of the non fund involved processes moved very fast.IIT Tirupati, IIM Visakhapatnam, NID Amaravati, NIT Tadepalligudem, etc have Started Classes the first year of forming the government.Sadly due to not enough fund support from Center, They are all still running from Temporary campuses.6. PRIVATE UNIVERSITIES RALLIED TO AMARAVATIDue to the good relation Mr.Naidu has with the universities like SRM and VIT, they all liked the idea of Amaravati, the people’s capital and rallied to Amaravati.They bought land at around Rs.2 Crs per acre from Government and started their universities.SRM Amaravati and VIT Amaravati campuses are ready and operational for over two years now with their campus buildings constantly growing.Amrita is yet to start the construction.7. ATTRACTED AND GROUNDED THE KIA MOTORS, INDIA’S LARGEST FOREIGN DIRECT INVESTMENT (FDI) EVER !Kia Motors is one of the Biggest Success Stories of CBN Government. $2 Billion has been invested into Andhra Pradesh by Kia Motors, Its the Largest FDI Investment in India.8. HERO MOTORS DITCHED NEIGHBOURING STATE TO COME TO ANDHRA PRADESH.How Hero Motors came to Andhra Pradesh saying no is Telangana and Maharastra is a huge lesson for all the Entrepreneurs and Leaders.Mr.Naidu Asked Munjal, CEO of Hero Motors for a meeting over dinner and flew to Mumbai to meet him and convinced him to set up the Hero Motors manufacturing unit in Andhra Pradesh.Apollo Tyres, Isuzu Motors, Cadbury, Asian Paints and many more Industries have rallied to Andhra Pradesh considering the 24*7 power, abundance of water and good governance in Andhra Pradesh.9. RIVER INTERLINKING OF RIVER KRISHNA AND RIVER GODAVARI.First time in India Ever, Two major rivers got integrated with Pattiseema Project giving water to farmers across the state. The surplus waters in River Krishna due to the River Integration were used to give Water to Rayalaseema which was a huge win.160 TMC of water has been lifted from Godavari to Krishna which resulted in a farming yield of 18,000 Crores in Krishna Delta in 3 years and 7,400 Crores in Rayalaseema over 2 Years.10. LOAN WAIVER OF 24000 CRORESDespite the rough economic situation, Farmer Loans of 24,000 Crores are Waived.11. PENSION INCREASED TO RS.1000.Old age and physically challenged Pension was increased to Rs.1000 from Rs.200. This money deposited into accounts on the 1st of every month without any mediator intervention.12. REAL TIME GOVERNANCECM’s CORE Dashboard is one of the World’s Best MIS with all the data from around the State, kept open to public in real time. CM and his team use this data and help deliver service better.13. GREAT PROGRESS IN POLAVARAM.When NDA Offered 3 Central Minister Positions to TDP, CBN asked we will only take 2, for the third, we want full support to Polavaram Project which is a lifeline to Andhra Pradesh.7 Mandals of Telangana were merged in Andhra Pradesh on demand of Mr.Naidu and Polavaram construction was given to the State for a speedy process.Any major project of that size would take 15 years in India but Polavaram has made tremendous progress in the last 4 years where 56% of the project is completed. Its currently in slow progress due to Fund deficit by Central Government.CM Chandrababu Naidu renamed Somavaram ( Monday ) as Polavaram where he reviews the project status either through Live streaming or by personal visit.14. SUCCESSFULLY FACED HUD HUD ALONG WITH THE BRAVE PEOPLE OF VIZAG AND TRANSFORMED VIZAG INTO INDIA’S ONE OF THE CLEANEST CITIES.If we look back at the 4 years, Hud Hud had the biggest need of leadership. Mr.Naidu rose above everyone and helped Vizag recover at jet speed.He lived out of a bus, did surprise visits around the city, summoned the communication company heads, prepared neighbouring state to send supplies right after the cyclone passes, recovered power, recovered normalcy in record time.Won Hearts.!15. FRANKLIN TEMPLETON, FINTECH VALLEY, SIGNATURE TOWERS, INNOVATION TOWER TO VIZAG.One of the first big companies to step into Vizag is the prestigious Franklin Templeton. Fintech Valley in Visakhapatnam has been attracting many more companies to Vizag, the City of Destiny.P.S: Meanwhile Pawan Kalyan thinks that Franklin Templeton is a person who lives in US.16. MAKING RAYALASEEMA THE ELECTRONIC MANUFACTURING HUB.Xiaomi, Foxconn and many other Electronic Manufacturers made Sri City and Rayalaseema their home.17. NEW TERMINAL TO VIJAYAWADA AIRPORT AND INTERNATIONAL FLIGHTS TO VIZAG.An amazing new terminal is built in Vijayawada in record time and has made it comfortable for people to fly from Vijayawada.Direct flights to Singapore, Malaysia, Dubai and Sri Lanka have started from Vizag to make it more accessible to the world. So to be done in Vijayawada too.18. MAKING VEHICLE REGISTRATION PROCESS ONLINE.Andhra Pradesh is the only state in the country to fully automate the Vehicle registration process removing the middle men. Vehicles are registered automatically at the time of sale and there is not contact between RTA and the Consumer removing any chance for Bribes.19. FIBERGRID – CHEAPEST INTERNET EVER !AP FiberGrid is World’s cheapest internet service rolled out by the government where Internet and TV are provided at INR 149 Only making people access the information across the globe.20. LED AND IOT-FYING STREET LIGHTSLEDfying the Street Lights has made AP stand as role model by saving millions of Units of Power.8 lakh 30 thousand Street Lights have been transformed into LED and IoT enabled.You can check which Street Lights are on and which are Not from CM dashboard and any one with repair has to be back into action within an SLA of 24 hours.21. E CABINET. FIRST AND ONE AND ONLY.Cabinet meeting have turned Paper Free, making it efficient and smart.22. DIGITAL CLASSROOMS. GOVERNMENT CLASSROOMS THAT ARE MORE SMART THAN THAT OF PRIVATE SCHOOLS.Class rooms are Digitalized by providing internet, screen, audio system, computer and digital content to make children learn more efficiently.23. BIKE AMBULANCES FOR TRIBALSBike Ambulances were launched to make medical care accessible to the remotest parts of the State. This has been a boon in the Tribal Areas where the access by road is limited.24. SOLAR PUMPSET FOR FARMERSSolar Pumpsets were given to farmers at subsidised prices making them access power for free and anytime they wish.25. HIGHEST GDP GROWTH IN THE NATIONAndhra Pradesh under Mr.Naidu has achieved Double Digit Growth rate, highest in the Country.AP has been growing at an average of 10.5% Growth Rate while India’s Avg growth rate is about 7%.26. NTR SUJALANTR Sujala has been implemented in various places across the state where clean water is made accessible at very low cost of only Rs. 2 for 20 Litres of Water.27. ANNA CANTEENAnna Canteens have been rolled out to make food accessible for cost as low as Rs. 5.28. 24*7 POWER.Power Cuts were a very common scene until Mr.Naidu took over the government. Andhra Pradesh since then been having 24*7 Power even in the Peak Summer where the demand is very high.Thanks to the LED conversion of Street Lights as well as Lights at home, Millions of Units have been saved reducing the demand. Also, Additions of 2000 MW of Solar Power and 3000 MW of Wind Power in the last 4 years has been a huge add on making Andhra Pradesh one of the most Efficient and Green states.29. CII PARTNERSHIP SUMMITCII Partnership Summit was held successfully in Visakhapatnam for 3 times in a row, which is very rare as PS happens in a new state everytime.This attracted thousands of crores of investment to AP and with it JOBS.!30. COLLABORATION WITH BILL GATES FOR AGRI GROWTH.Bill Gates came down to Andhra Pradesh to collaborate with the growth of Agriculture in Andhra Pradesh.31. NTR HOUSING SCHEMEApartment styled homes were built for the low income group across Andhra Pradesh to help them have a home.32. JOBS JOBS JOBS !An investment of 15,95,157 Crores was attracted and which will trickle down into 36,58,280 Jobs, of which 2,97,370 Jobs have already gone live.Kia has started hiring in ananthapur, IT companies started to hire in Vizag, Amaravati and Tirupati.33. WATER TO RAYALASEEMA FOR THE FIRST TIME AFTER MORE THAN 4 DECADES.Many rivers and lakes have seen water after more than 4 decades. This was possible by saving water in Srisailam as Godavari water was pumped to Krishna. Then the Water in Srisailam was diverted to Rivers and Canals across Rayalaseema making Rayalaseema see Irrigation Water after Decades.34. CHANDRANNA BHEEMA HELPING FAMILIES OF WORKERS IN UNORGANIZED SECTOR STAND BACK ON THEIR FOOT.An financial help of 5 Lakh INR is being given to families of workers who face sudden demise to make their families stand back and kids continue their education when they lose the bread earner of the family.35. PEOPLE FIRST. 1100 RESPONSE CENTER.1100 Call center was launched and a ticket number is created for every complaint and is tracked till closure. CM directly monitors the performance of the number of issues being resolved.A total of 80, 213 complaints are received as of Sep 2017 and of which 44919 cases were resolved, other being pending and work in progress.Next time you have an issue with a government service, Call 1100.36. FINALISING WORLD CLASS DESIGNS FOR AMARAVATI.Norman Foster group has given some amazing designs for Amaravati Assembly building, High Court and other Structures.AMARAVATI CITY SCAPEVIEW OF ASSEMBLY BUILDING.VIEW OF HIGH COURT BUILDING, AMARAVATI37. AMARAVATI TO ANANTHAPUR EXPRESS WAY.A Straight line Highway that will cut down the travel time from Rayalaseema to Amaravati which is 10 hours now is planned, Land acquisition is close to complete, but due to unavailability of Fund from the Center, this project is waiting to get implemented.Once implemented this Express Way will stand as a Benchmark for the Nation and will be a Pride of South India kicking off Economic progress in new areas of Andhra Pradesh.38. RENOVATION OF BUS STANDS USED BY MILLIONS OF PEOPLE.All the bus stands across the state are renewed and maintained the cleanest ever. Bus Stands this summer also got huge coolers to keep the Passengers at Comfort making APSRTC a got to Travel Partner.39. ANDHRA PRADESH STOOD NO.1 IN INCREASE IN FOREST COVER.Andhra Pradesh Stood No.1 in Increase of Forest Cover between 2015-2017 with 2141 sq km, followed by Karnataka with 1101 sq km and Kerala with 1043 sq km.40. KICKING OFF BUILDING THE MEGA CITY, AMARAVATI.The Roads are even clearly visible on Google Maps8 Line Roads Across Amaravati are close to Finish. MLA Quarters are under construction. Other major constructions to start soon.Andhra Pradesh is also a model state in Open Defecation Free with 37,01,615 Toilets built in the last 4 years.17,000 Kms of Cement Roads have also been laid across towns and Villages of Andhra Pradesh, 6000 Kms of Roads in last year alone.Considering that Andhra Pradesh is a newly formed state left with no revenue and a Capital City to operate from, First 4 years of Mr.Chandrababu Naidu Government have definitely set a vision for the progress to come and has brought the state from Revenue losses to a Stable Economy with a Capital in Making.Andhra Pradesh has also achieved No.1 status in multiple areas like Cleanliness, Good Governance, Ease of Doing Business, Usage of Technology in governance, Best Water Management, etc.Wishing Andhra Pradesh a Progressive Future and Amaravati a Happening City Soon.Achievements…source:-N. Chandrababu Naidu - WikipediaAt 28, the state's youngest assembly member and ministerLongest serving Chief Minister for the combined state of Andhra Pradesh (1995–2004)First Chief Minister of the newly formed state of Andhra Pradesh from 8 June 2014.Longest-serving leader of opposition in the Andhra Pradesh assemblyVoted IT Indian of the Millennium in a poll by India Today and 20:20 MediaHe was named "SOUTH ASIAN OF THE YEAR" by the TIME Magazine, USAHe was described as one of the Hidden Seven working wonders around the world, by Profit, a monthly magazine published by Oracle Corporation, US.Business Person of the Year by Economic TimesHe calls himself as "CEO of Andhra Pradesh".The Pune-based organisation, Bharatiya Chatra Sansad, in partnership with MIT School of Governance, has honoured him with "Aadarsh Mukhyamantri Puraskar" (Model CM Award) in its 6th annual session on 30 January 2016.Transformative Chief Minister Award’ in May 2017Source: http://www.southreport.com/4yrs-...Read more: king of my own kingdom!Hope you liked them.!Thanks!!!
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How does Bitcoin Blockchain work and what are the rules behind it?
For a layman, the following is a simple explanation:Bitcoin is a the first ever cryptocurrency to hit mainstream market in the year 2009.It is based on a distributed database technology called “blockchain”. i.e. transactions are stored as a series of blocks who history can never be altered. The database has hundreds of thousands of copies all over the world. The distributed nature of the database provides a user with safety and transparency and a huge pool to recover lost data from. The distributed nature also eradicates the need for a third party trusted regulator/authority(like banks and federal reserves). Hence 2 persons, sitting anywhere in the world, can exchange money in the form of bitcoin between them without the need for any bank/govt/foreign exchange to relay their money.Data integrity in block-chain is maintained with the help of cryptographic-hasing and digital consensus. Therefore, a user can be sure that his data is safe and will never be tempered with. Blockchain guarantees that.Bitcoin can be thought of as an asset which is produced by computational competition called as “mining”. Each bitcoin block is created after the solving of a “mathematical puzzle”. To solve this puzzle, thousands of computer systems all over the world compete. The average time to solve this puzzle is about 12 minutes as of today. To solve one puzzle “specialized super computer” grade computers are used and one block creation consumes energy in the range of a thousand dollars.Once bitcoins are mined they are released(sold) by the miners in the bitcoin pool(exchanges) where they are further sold to customers who buy bitcoin as an investment. These are the bitcoins people and exchanges hold.The price of bitcoin is mainly driven by the features it offers AND more importantly by the demand and supply curve in the market.Bitcoin has a very limited supply. Total 21 million will be ever mined(by 2037). So far about 12-15 million have been mined. Some 5–6 million are estimated to have been lost forever(lost in the system itself never to be recovered). Therefore, we will ever have about 15 million bitcoins flowing in the system. Estimating the bitcoin market capitalization to a few trillion dollars in the next few years, one can easily estimate that at that time one bitcoin can be worth 100K to 1 million USD range.Invest in bitcoin only once you understand the whole system. For that you have to have some kind of technical knowledge. And make sure you dont buy bitcoins with Loan or credit cards.Hope the info helps.
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What is blockchain technology?
The 21st century is all about technology. With the increasing need for modernization in our day-to-day lives, people are open to accepting new technologies. From using a remote for controlling devices to using voice notes for giving commands; modern technology has made space in our regular lives. Technologies like augmented reality and IoT that have gained pace in the past decade and now there’s a new addition to the pack i.e. Blockchain Technology.Blockchain – The revolutionary technology impacting different industries miraculously was introduced in the markets with its very first modern application Bitcoin. Bitcoin is nothing but a form of digital currency (cryptocurrency) which can be used in the place of fiat money for trading. And the underlying technology behind the success of cryptocurrencies is termed as Blockchain.There’s a common misconception among people that Bitcoin and Blockchain are one and the same, however, that is not the case. Creating cryptocurrencies is one of the applications of Blockchain technology and other than Bitcoin, there are numerous applications that are being developed on the basis of the blockchain technology.What is a Blockchain?In the simplest terms, Blockchain can be described as a data structure that holds transactional records and while ensuring security, transparency, and decentralization. You can also think of it as a chain or records stored in the forms of blocks which are controlled by no single authority. A blockchain is a distributed ledger that is completely open to any and everyone on the network. Once an information is stored on a blockchain, it is extremely difficult to change or alter it.Each transaction on a blockchain is secured with a digital signature that proves its authenticity. Due to the use of encryption and digital signatures, the data stored on the blockchain is tamper-proof and cannot be changed.Blockchain technology allows all the network participants to signNow an agreement, commonly known as consensus. All the data stored on a blockchain is recorded digitally and has a common history which is available for all the network participants. This way, the chances of any fraudulent activity or duplication of transactions is eliminated without the need of a third-party.In order to understand blockchain better, consider an example where you are looking for an option to send some money to your friend who lives in a different location. A general option that you can normally use can be a bank or via a payment transfer application like PayPal or Paytm. This option involves third parties in order to process the transaction due to which an extra amount of your money is deducted as transferring fee. Moreover, in cases like these, you cannot ensure the security of your money as it is highly possible that a hacker might disrupt the network and steal your money. In both the cases, it is the customer who suffers. This is where Blockchain comes in.Instead of using a bank for transferring money, if we use a blockchain in such cases, the process becomes much easier and secure. There is no extra fee involved as the funds are directly processed by you thus, eliminating the need for a third party. Moreover, the blockchain database is decentralized and is not limited to any single location meaning that all the information and records kept on the blockchain are public and decentralized. Since the information is not stored in a single place, there’s no chance of corruption of the information by any hacker.How Does a Blockchain Work?Source: Fuat Şanlı (Dribbble)A blockchain is a chain of blocks that contain data or information. Despite being discovered earlier, the first successful and popular application of the Blockchain technology came into being in the year 2009 by Satoshi Nakamoto. He created the first digital cryptocurrency called Bitcoin through the use of Blockchain technology. Let’s understand how a blockchain actually works.Each block in a blockchain network stores some information along with the hash of its previous block. A hash is a unique mathematical code which belongs to a specific block. If the information inside the block is modified, the hash of the block will be subject to modification too. The connection of blocks through unique hash keys is what makes blockchain secure.While transactions take place on a blockchain, there are nodes on the network that validate these transactions. In Bitcoin blockchain, these nodes are called as miners and they use the concept of proof-of-work in order to process and validate transactions on the network. In order for a transaction to be valid, each block must refer to the hash of its preceding block. The transaction will take place only and only if the hash is correct. If a hacker tries to attack the network and change information of any specific block, the hash attached to the block will also get modified.The bsignNow will be detected as the modified hash will not match with the original one. This ensures that the blockchain is unalterable as if any change which is made to the chain of blocks will be reflected throughout the entire network and will be detected easily.In a nutshell, here’s how blockchain allows transactions to take place:A blockchain network makes use of public and private keys in order to form a digital signature ensuring security and consent.Once the authentication is ensured through these keys, the need for authorization arises.Blockchain allows participants of the network to perform mathematical verifications and signNow a consensus to agree on any particular value.While making a transfer, the sender uses their private key and announces the transaction information over the network. A block is created containing information such as digital signature, timestamp, and the receiver’s public key.This block of information is broadcasted through the network and the validation process starts.Miners all over the network start solving the mathematical puzzle related to the transaction in order to process it. Solving this puzzle requires the miners to invest their computing power.Upon solving the puzzle first, the miner receives rewards in the form of bitcoins. Such kind of problems is referred to as proof-of-work mathematical problems.Once the majority of nodes in the network come to a consensus and agree to a common solution, the block is time stamped and added to the existing blockchain. This block can contain anything from money to data to messages.After the new block is added to the chain, the existing copies of blockchain are updated for all the nodes on the network.Blockchain FeaturesThe following features make the revolutionary technology of blockchain stand out:DecentralisedBlockchains are decentralized in nature meaning that no single person or group holds the authority of the overall network. While everybody in the network has the copy of the distributed ledger with them, no one can modify it on his or her own. This unique feature of blockchain allows transparency and security while giving power to the users.Peer-to-Peer NetworkWith the use of Blockchain, the interaction between two parties through a peer-to-peer model is easily accomplished without the requirement of any third party. Blockchain uses P2P protocol which allows all the network participants to hold an identical copy of transactions, enabling approval through a machine consensus. For example, if you wish to make any transaction from one part of the world to another, you can do that with blockchain all by yourself within a few seconds. Moreover, any interruptions or extra charges will not be deducted in the transfer.ImmutableThe immutability property of a blockchain refers to the fact that any data once written on the blockchain cannot be changed. To understand immutability, consider sending email as an example. Once you send an email to a bunch of people, you cannot take it back. In order to find a way around, you’ll have to ask all the recipients to delete your email which is pretty tedious. This is how immutability works.Once the data has been processed, it cannot be altered or changed. In case of the blockchain, if you try to change the data of one block, you’ll have to change the entire blockchain following it as each block stores the hash of its preceding block. Change in one hash will lead to change in all the following hashes. It is extremely complicated for someone to change all the hashes as it requires a lot of computational power to do so. Hence, the data stored in a blockchain is non-susceptible to alterations or hacker attacks due to immutability.Tamper-ProofWith the property of immutability embedded in blockchains, it becomes easier to detect tampering of any data. Blockchains are considered tamper-proof as any change in even one single block can be detected and addressed smoothly. There are two key ways of detecting tampering namely, hashes and blocks.As described earlier, each hash function associated with a block is unique. You can consider it like a fingerprint of a block. Any change in the data will lead to a change in the hash function. Since the hash function of one block is linked to next block, in order for a hacker to make any changes, he/she will have to change hashes of all the blocks after that block which is quite difficult to do.Types of BlockchainsThough Blockchain has evolved to many levels since inception, there are two broad categories in which blockchains can be classified majorly i.e. Public and Private blockchains.Before heading towards the difference between these two, let’s keep a check on the similarities that both public and private blockchain have:Both Public and Private blockchain have peer-to-peer decentralized networks.All the participants of the network maintain the copy of the shared ledger with them.The network maintains copies of the ledger and synchronizes the latest update with the help of consensus.The rules for immutability and safety of the ledger are decided and applied on the network so as to avoid malicious attacks.Now that we know the similar elements of both these blockchains, let’s learn about each of them in detail and the differences between them.Public Blockchain – As the name suggests, a public blockchain is a permissionless ledger and can be accessed by any and everyone. Anyone with the access to the internet is eligible to download and access it. Moreover, one can also check the overall history of the blockchain along with making any transactions through it. Public blockchains usually reward their network participants for performing the mining process and maintaining the immutability of the ledger. An example of the public blockchain is the Bitcoin Blockchain.Public blockchains allow the communities worldwide to exchange information openly and securely. However, an obvious disadvantage of this type of blockchain is that it can be compromised if the rules around it are not executed strictly. Moreover, the rules decided and applied initially have very little scope of modification in the later stages.Private Blockchain – Contrary to the public blockchain, private blockchains are the ones which are shared only among the trusted participants. The overall control of the network is in the hands of the owners. Moreover, the rules of a private blockchain can be changed according to different levels of permissions, exposure, number of members, authorization etc.Private blockchains can run independently or can be integrated with other blockchains too. These are usually used by enterprises and organizations. Therefore, the level of trust required amongst the participants is higher in private blockchains.Popular Applications of Blockchain TechnologySource: Sumeet – EvontechThough Bitcoins and cryptocurrencies are the first popular application of Blockchain technology, they are not the only ones. The nature of Blockchain technology has led businesses, industries, and entrepreneurs from all around the world to explore the technology’s potential and make revolutionary changes in different sectors.While the basic idea of trustworthy records and giving the power in the hands of users has enormous potential, it sure has raised a lot of hype in the markets too. The magic of this technology sure has the power to transform industries given the usage is planned and executable in actual senses. Let’s separate the wheat from the chaff and find out how Blockchain can be useful in actual implementation.Smart contractsDifferent businesses deal with each other in order to exchange services or products. All the give and take terms and conditions are signed by the involved parties in the form of agreements or contracts. However, these paper-based contracts are prone to errors and frauds which challenges the trust factor between both the parties and raises risks. Blockchain brings forward an amazing solution to this problem through Smart Contracts.Smart contracts perform similar functions as paper-based agreements. The differentiating factor about smart contracts is that these are digital as well as self-executable in nature. Self-executable meaning that when certain conditions in the code of these contracts are met, they are automatically deployed. Ethereum, an open source blockchain platform has introduced smart contracts in the Blockchain ecosystem. Smart contracts can be used for different situations or industries such as financial agreements, health insurances, real estate property documents, crowdfunding etc.For example, Blockchain smart contracts can be used in healthcare to manage drug supply.Once the name and quantity of a drug is shipped from a manufacturing company to be delivered ahead to the pharmacist, a smart contract with all the valid data like the information of the drug, the quantity of supply etc. can be created. This smart contract will be responsible for managing the entries throughout the entire supply chain between different intermediaries. Since the smart contract works on certain defined conditions, no one can alter them or make any changes in the contract thus, ensuring trust and authenticity of the drugs.Government ElectionsNo matter how secure government elections are made, the chances of frauds through anti-social elements always persists. The current voting system relies on manual processing and trust. Even if security bsignNowes and frauds are eliminated, the chances of manual errors cannot be ignored. In such cases, the best solution is to automate the overall process with the help of smart contracts.Blockchain smart contracts provide a modern system through which these common issues can be easily eliminated. Entries in the smart contracts will allow transparency and security while maintaining the privacy of the voters thus, enabling fair elections.Identity managementThe world is getting more digitized with every passing day. Consider financial transactions happening online for instance, you can easily login with your credentials and security pin in order to access your funds. However, in this case, no one can ensure the identity of the person taking out the money. If your username and password are hacked by someone, there’s no way to secure your money.The need of the hour is to have a system that manages individual identification on the web. The distributed ledger technology used in blockchains offers you advanced methods of public-private encryption using which, you can prove your identity and digitize your documents. This unique secure identity can work as a saviour for you while conducting any financial transactions or any online interactions on a shared economy. Moreover, the gap between different government bodies and private organizations can be filled through a universal online identity solution that blockchain can provide.Intellectual Property ProtectionDigital content or information can easily be reproduced and distributed with the aid of the internet. Due to this, people from all around the world hold the power to copy, replicate and use it without giving credits to the actual producer of the content. There are copyright laws to protect such issues but in the current scenario, these laws aren’t appropriately defined according to common global standards. Meaning that any law which is valid in the US might not stand true in Australia.Even if there’s any copyright applied to any intellectual property, people easily lose control over their data and suffer on financial terms. With the aid of Blockchain technology, all the copyrights can be stored in the form of smart contracts which will enable automation in businesses along with the increase in online sale thus, eliminating the redistribution risk.Blockchain for IP registry will help the authors, owners or users to get clarity of copyright. Once they register their work online, they’ll own the evidence which will be tamper-proof. As blockchain is immutable in nature, any entry once stored on the Blockchain cannot be changed or modified. The owner of the work will have the overall authority over the ownership as well as the distribution of the content.ConclusionOther than these few examples, the revolutionary technology of Blockchain holds a high potential of applications in many different industries and sectors. While some industries have already started adopting blockchain in their businesses, many are still exploring the best possible ways to start with.Blockchain is a new name in the world of technologies but it is definitely the one to last. Even in the early stages, the technology has gained huge popularity starting with their very first application of cryptocurrencies. More areas of applications are being discovered and tested with each passing day. Once the technology is adopted and accepted on a global level, it’ll transform the way we live today.
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