What bitcoin is and how it could change everything
Confused about what bitcoin is? I don’t blame you. Bitcoin is difficult to understand, because that single word has actually layers of meaning. To grok Bitcoin and what it means, it helps to look at Bitcoin through three different lenses.
Bitcoin as technology
Bitcoin is the most popular application of a software invention known as the blockchain. Blockchain is a protocol that allows two people (or machines) to transact, even if they don’t trust each other or the network.
It gets complicated, but imagine this. You buy something online from an anonymous person halfway across the world. You deposit money into his or her account and trust that you’ll get your product. The person takes your money and trusts that you’re real and the money is legitimate.
Online transactions like this take place everyday, with intermediaries like banks and corporations like eBay to enforce accountability. The blockchain allows trusted transactions like these to happen without any middlemen.
That’s because the blockchain is a secure database that’s scattered across multiple computers. These computers maintain the database, keeping tabs on assets as well as transactions. The computers verify this distributed ledger, and each completion of this verification gets rewarded with cryptocurrency. On the bitcoin blockchain, the payments are in bitcoin. This process is also known as mining.
Esta historia es de la edición March 2018 de HWM Singapore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor ? Conectar
Esta historia es de la edición March 2018 de HWM Singapore.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
Ya eres suscriptor? Conectar
A Head-Turning Low-Profile Mechanical Keyboard
During Ces 2024, Monokei Unveiled Systems, a beautifully designed, well-built, low-profile mechanical keyboard.
A Multiplayer Gem
As I picked up my PlayStation 5 controller to play Helldivers 2, I found myself grappling with an unexpected adversary – inaccessible servers.
Of Embracing Escapism And Confronting Reality
As you embark on the journey that Final Fantasy VII Rebirth offers, there’s a moment that distinctly shifts the narrative’s atmosphere: Aerith pauses to take in the in-game scenery with a sense of wonder, which stood in stark contrast to the earlier parts of the game, where the flower girl, alongside other FFVII key companions such as Cloud and Tifa, navigates the cramped slums and towering corporate skyscrapers of Midgar.
Take Even Better Photos With The iPhone 15 Pro And 15 Pro Max
We already covered the iPhone 15 and 15 Pro Max's photography capabilities rather extensively in our review, but the general idea is that Apple has done a great job improving the software side and offering better sharpness, detail and a new 5x telephoto zoom lens on the iPhone 15 Pro Max.
Easier Editing with Final Cut Pro
Video editing is definitely on the rise these days, with many people starting to edit short videos on their phones for social media before getting into dedicated programs like Final Cut Pro, Adobe Premiere Pro and more.
Portable, But Is It Convenient?
Designed for content creators, journalists, and anyone needing a small, lightweight microphone system, the Shure MoveMic comes in three different configurations
This Game Needs C-P-ARRRR!
Oh boy, where do I even begin. My journey with Ubisoft’s Skull and Bones, which started way back in 2017 when it was announced, has been akin to navigating a stormy voyage.
FANTASTIC KEYBOARD
The Falchion RX Low Profile is an interesting keyboard. While it is a part of the ASUS Republic of Gamers (ROG) sub-brand, it has plenty of features for the non-gaming audience too.
SURPRISINGLY BIG SOUND
The Pebble X Plus is Creative's current lead 2.1-channel offering. The pair of satellites feature 2.75-inch full-range drivers, and, just like all other Pebble speakers, are tilted at a 45-degree angle aimed at the users' ears.
NVIDIA'S 200-BILLION TRANSISTOR BLACKWELL GPU WILL TACKLE XXXLSIZED GENERATIVE AI MODELS
Blackwell GPU release rumours for many months now, but most are postulating what the GeForce RTX 4090 successor could offer. While that's not focus of today's launch, the Blackwell GPU architecture has finally been announced at NVIDIA'S premier AI conference, GTC 2024. With a headline such as wielding power to drive the new industrial revolution, the Blackwell GPU is shaping up to be a key enabler for accelerated computing, breakthrough data processing, engineering simulation, drug design, quantum computing, and generative AI in a very big way.
