Mediaboss Marketing

Tomiwabold Olajide

Binance US crypto trivia on Shiba Inu (SHIB) creator draws intriguing answers

Read U.TODAY on

Google News

A crypto trivia published on Twitter byBinance.USto test the knowledge of the community about the SHIB creator has drawn interesting answers.

Binance U.S. set out by giving a brief introduction about SHIB, which it says was created to be a community-driven project, and then proceeded to ask who the creator of SHIB was.

"The creators of SHIB set out to create a community-driven project that would focus on creating a decentralized ecosystem for trading and other financial activities," Binance.US wrote.

It then asked, "This Ethereum-based counterpart to Dogecoin's Scrypt-based algorithm was created by whom?"

A total of 55.3% of respondents went for the option Ryoshi. Interestingly, 19.6% and 19.5% of the respondents went for the options of Satoshi Nakamoto (the Bitcoin pseudonymous creator) and Vitalik Buterin (Ethereum creator), respectively.

A total of 5.6% of respondents answered that SHIB was created by Cardano founder Charles Hoskinson.

Similar to Satoshi Nakamoto, Shiba Inu's creator Ryoshi's identity has remained a mystery since the project's inception in August 2020. And just like the Bitcoin creator, Ryoshi exited social media in May 2022.

While many seek to unravel the identity of the SHIB creatorRyoshi, Shiba Inu lead Shytoshi Kusama hinted at what is most important.

"What's important is the concept of decentralization, myself and millions of others believe can change the world. I am Ryoshi, and so are you," Kusama stated.

The phrase "We are all Ryoshi" has found its place in the SHIB community, meaning that everyone has a stake in the project and a responsibility to take it forward.

At the time of writing, SHIB was marginally up in the last 24 hours at $0.00001096. In the last 24 hours, a meager 20,000 SHIB has been burned in a single transaction.

Read more here:

Shiba Inu: Binance.US Poll on SHIB Creator Sparks Interesting Community Response - U.Today

This post originally appeared on ZeMing M. Gaos website, and we republished with permission from the author. Read the full piecehere.

Inthis video, Dr. Craig S. Wright and Prof. Latif Ladid talk about Integrating IPv6 and blockchain at the TCP/IP layer.

Being the president of the global IPv6 Forum, chairman of the IEEE COMSOC IoT subcommittee, and chairman of IEEE COMSOC 5G subcommittee, Prof. Ladid knows about this from inside out.

In this brief interview, Prof. Ladid didnt talk about the tech. The most important info from Latifs comments is the fact that in both India and the Philippines, the top people on the IPv6 Council are the same group of people who are pushing blockchain for enterprise.

He should know, because he is at the center of that world.

It is indeed a very good combination.

This isnt coincidental. In the long term, especially, such combination is going to become inevitable in most countries, because there is just such a perfect match between the two technologies.

It is only peoples ignorance that has prevented this from happening earlier.

To give you an idea of how shallow peoples understanding about this matter is, here is one of the comments someone made below the video about the interview: Wow what a load of nonsense. This is word drivel. Did Craig just discover IPv6? Its been around for ages.

It is hard to characterize how ignorant this comment is. IPv6 alone is not the subject thats been discussed here. Integrating IPv6 with blockchain at the TCP/IP layer is, and it is fundamentally different from slapping a blockchain app on top of the Internet at the application layer.

Satoshi himself has been working on the integration for two decades, and designed Bitcoin with a clear view of integrating with the IPv6. In the last seven years especially, hundreds of millions of dollars have been invested and hundreds of researchers and developers have devoted the time onto this major tech revolution. If you havent heard about it, its probably because you have tuned your ears to the crypto worlds number go up noise exclusively.

Therefore, commenting that IPv6 is not new regarding this deep subject is like sneering at Vint Cerf or Tim Bernard-Lee by saying connecting two computers is not new when you heard them talking about the Internet in the 80s last century.

I dont know if the person who made the comment understands anything about IPv6, but it is clear that he has absolutely no inkling of what is happening at the TCP/IP layer where IPv6 and the Bitcoin blockchain can be, and is being, integrated. That in itself may be also understandable, because very few people have any understanding at this point. But this even after one has watched the video? A better occasion cannot be found where the suitable answer is, you dont know what youre talking about.

Ignorance is one thing, ignorance multiplied by arrogance is another.

Interestingly though, this is quite typical of the kind of rebuttals people throw at Craig Wright, a.k.a. Satoshi Nakamoto the creator of Bitcoin. But this is by a long shot not even the worst. There is a whole category of purely vile personal attacks that surpass comments like this. But that is a whole different layer of the story (for more on this, seeWhy is the real Satoshi so feared and hated?).

The killer app of IPv6

Bitcoin blockchain integrated with IPv6 at TCP/IP to support on-chain automated micropayment, payment streaming and payment channels is the killer app for IPv6.

Although the integration has vast significance to the entire Internet and the world, Satoshis direct goal has been delivering IP-to-IP micropayment over the Internet embedded at the TCP/IP level. The title of theBitcoin white paperreveals that.

Currently, IPv6 adoption indicates only the IPv6 address adoption, not the actual IPv6-driven applications. So seeing 60% IP addresses being IPv6 is like seeing most buggies having moved to a newly built freeway. It doesnt mean the real adoption has already happened and theres only 40% left to do. Quite the opposite is true.

When it comes to the real applications that are only possible with IPv6, the global adoption of IPv6 at this point is close to zero, and the potential room for growth unlimited.

The IPv6 integration with Bitcoin blockchain at TCP/IP layer is going to bring in a trueNew Internet, but the embedded micropayment is going to be the first killer app.

Dr. Craig Wright keynote speech: A Better Internet with IPv6 and BSV Blockchain

New to Bitcoin? Check out CoinGeeksBitcoin for Beginnerssection, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

Read the original post:

IPv6 adoption and its killer app - CoinGeek

Roger Ver will not appeal his failed jurisdictional challenge in relation to Dr. Craig Wrights libel suit against him in Antigua, CoinGeek has learned.

In February, the High Court of Antigua and Barbudarejecteda jurisdictional challenge made byRoger Verin the Antiguan court. Ver had hoped to get the libel suit tossed on the basis that the court did not have jurisdiction to hear the claim, in particular, because neither party had sufficient connection to the country. The court disagreed, pointing to the fact that both parties were connected to the country and were highly involved in the digital asset industry there: Dr. Wright has advised the government of Antigua and Barbuda on digital asset legislation and has built important associations in the country, while Ver has a home on the beach there and has hosted several Bitcoin Cash meetups in the country as well.

It said that, as a result, Dr. Wright was entitled to defend his reputation in that jurisdiction. With Vers decision not to appeal that ruling, the case will head to a full trial to determine whether Ver has defamed Dr. Wright.

The courts affirmation of Dr. Wrights lawsuit marks the culmination of years of jurisdiction hopping by Ver, as he sought to avoid answering for Tweets he had made in which he called Dr. Craig Wright a fraud in his claim to theSatoshi Nakamoto name.

Dr. Wright brought a substantially similar action in the U.K. in 2019, which was rejected on the basis that the English courts were not the most appropriate venue to hear the dispute. This caused Ver to flee to Antigua, setting up shop in the Jolly Harbour neighborhood. Unfortunately for Ver, Dr. Wright has been a citizen of Antigua since 2016, meaning that Ver had inadvertently made Antigua the perfect venue to settle the dispute.

Its also the second time Dr. Wright has emerged victorious over Roger Ver in as many months. In February, the U.K. Court of Appeal ruled that Ver and a number of other blockchain developers must face trial over whether or not they owe legal duties to those using and relying on their blockchain protocols. It was a highly significant decision, and the trial has the potential to usher in an enormous shift in how the law deals treats ownership ofdigital assets.

As for Antigua, the scene is now set for the matter of Vers attacks on Dr. Wright to be resolved in a court of law, in the full light of the evidence. Given bloggerPeter McCormack has already been found liablefor defamation in the U.K. regarding substantially similar postings, the future does not bode well for Ver.

FollowCoinGeeks Crypto Crime Cartelseries, which delves into the stream of groupsfromBitMEXtoBinance,Bitcoin.com,Blockstream,ShapeShift,Coinbase,Ripple,Ethereum, FTXandTetherwho have co-opted the digital asset revolution and turned the industry into a minefield for nave (and even experienced) players in the market.

New to Bitcoin? Check out CoinGeeksBitcoin for Beginnerssection, the ultimate resource guide to learn more about Bitcoinas originally envisioned by Satoshi Nakamotoand blockchain.

Follow this link:

Wright v Ver headed for trial in Antigua as Roger Ver chooses not to ... - CoinGeek

WWDC is now just two months away, and we're starting to hear a bit more about what we might see with upcoming iOS 17 and watchOS 10 updates that should be unveiled during the keynote.

This week also saw the release of an iOS 16.4.1 bug fix update, another rumor about Apple's timeline for transitioning some of its Mac notebooks to OLED display technology, and a curious Bitcoin-related discovery in macOS, so read on for all the details on these stories and more!

iOS 17 will feature "major" changes to Control Center on the iPhone, according to a MacRumors Forums member with a proven track record.

It was also claimed that iOS 17 and iPadOS 17 would drop support for the iPhone X, first-generation iPad Pro models, and some other devices, but this rumor was later disputed.

Apple released the 24-inch iMac with the M1 chip and a colorful ultra-thin design in April 2021. Later this month, it will have been two years since the all-in-one desktop computer was last updated.

The upcoming watchOS 10 update for the Apple Watch will include "notable changes" to the user interface, according to Bloomberg's Mark Gurman.

Earlier this week, we learned that Apple had an iOS 16.4.1 update in the works, and on Friday that update was released to the public with emoji and Siri bug fixes.

In every version of macOS that has shipped since 2018, Apple has included the original Bitcoin whitepaper by Satoshi Nakamoto within the filesystem, and no one seems to know why.

Apple is unlikely to release high-end MacBook Pro models with OLED displays until 2026, according to display industry analyst Ross Young.

Each week, we publish an email newsletter like this highlighting the top Apple stories, making it a great way to get a bite-sized recap of the week hitting all of the major topics we've covered and tying together related stories for a big-picture view.

So if you want to have top stories like the above recap delivered to your email inbox each week, subscribe to our newsletter!

The rest is here:

Top Stories: iOS 17 and watchOS 10 Rumors, When to Expect a ... - MacRumors

When Jeff Bezos started Amazon.com Inc. as an online bookseller in 1994, he thought his company would probably fail.

And he was upfront about it with Amazons investors starting with his parents.

Dont Miss: The Startup Behind The Automated Future Of The Fast-Food Industry

As Bezos told an interviewer in 2000, three years after Amazon went public, I thought there was a 30% chance that we might build a successful company. I never thought wed build what Amazon has turned into, and Im the most surprised on the planet.

He told his parents it was very likely they would lose all of the $245,573 they were investing in Amazon.

Bezos calls his approach regret minimization. Yes, the odds were against him, but there were only two possible negative outcomes.

One was the risk Amazon failing after he launched it. That failure would cost him time and money, along with losses for his investors.

To stay updated with top startup investments, sign up for Benzingas Startup Investing & Equity Crowdfunding Newsletter

Or worse, in Bezos eyes he would never take the plunge on Amazon and spend his life not knowing what he could have achieved. That would have been a bigger source of regret than trying and failing so he tried while being clear-eyed about the risks.

Its realism and humility that should speak to investors. Even in 1994, when Amazon was just an idea, Bezos had much to boast about. He had risen from flipping burgers at a McDonalds to a stable job at a hedge fund. He could have emphasized Amazons many advantages while downplaying risks.

Instead, he was upfront about the long odds his company faced. And happily, the investment worked out well for his parents.

And the principle of regret minimization applies to investors, too. If you have money you can afford to lose risk capital you may be able to minimize regret by investing it rather than keeping it on the sidelines.

Examples of this abound, but the most famous is probably crypto.

Even if the odds against Bitcoin succeeding to this degree are slim, are they really 100 million to 1 against?

Take the story of Hal Finney, the computer programmer who was likely the second person in history to mine Bitcoin, after its pseudonymous founder Satoshi Nakamoto himself.

Upon mining a block of Bitcoins 50 in total he sent a congratulatory email to Satoshi Nakamoto along with some musings.

Before sending, he capped his congratulations with a final thought.

Dont Miss: The House-Printing Robot Shaking Up a $7.28 Trillion Industry

Even if the odds of Bitcoin succeeding to this degree are slim, are they really 100 million to 1 against? Something to think about.

At the time, Bitcoins were officially worth nothing. Only a handful of people knew they existed, and they could easily mine 50 Bitcoins for just a few cents worth of electricity.

And the principle of regret minimization applies to startup companies most of all.

Like Amazon and crypto in their earliest stages, startup companies are risky. For many of them, the most likely outcome is that investors lose 100% of their money.

So investors should tread cautiously and never invest more than they can afford to lose.

But startups are the same way Bezos and many of the other richest people on the planet made their fortune. Thanks to changes in federal law, anyone can invest in startups on platforms like StartEngine and Wefunder. For example, Gameflip has already raised over $900,000 from retail investors for its gaming marketplace.

See more on startup investing from Benzinga.

Go here to read the rest:

How Jeff Bezos' Principle of Regret Minimization Can Make ... - Benzinga