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Introduced the first cryptocurrency which is based on physics Introduced the first cryptocurrency which is based on physics

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Introduced the first cryptocurrency, which is “based on physics”

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Researchers at Lawrence Livermore National Laboratory (LLNL) have developed a “physics-based” cryptocurrency that links electrical energy and blockchain technology in a new way.

Introduced the first cryptocurrency, which is

This new blockchain concept, dubbed “E-Stablecoin”, could allow the transfer of electricity between users who are scattered around the world without the need for connecting wires or a network transmission system. The work addresses the critical stability issues of digital assets and is the first cryptocurrency token design that is both backed by a physical asset and fully decentralized as it is protected by the laws of statistical mechanics.

The corresponding study was published in the journal Cryptoeconomic Systems.

Digital assets and cryptocurrencies (such as Bitcoin) have seen explosive growth since their inception in 2009, prompting US President Joseph Biden to sign an executive order to ensure the responsible development of digital assets. The decree notes that digital assets have profound implications in areas such as “data privacy and security; financial stability and systemic risk; crime; National security; ability to exercise human rights; financial inclusion and equity; as well as energy demand and climate change.” Accordingly, the executive order calls for a coordinated interagency effort to develop digital assets responsibly, including technological advances and payment innovations.

The new concept of LLNL cryptocurrency is a step towards the introduction of “responsible digital assets” that go beyond just the digital world and are instead tied to the physical world in more tangible ways. E-Stablecoin uses modern advances in thermodynamics to transfer energy as a form of information.

Introduced the first cryptocurrency, which is

The seeds of this idea go back to the “Maxwell’s Demon” thought experiment performed in 1867 by James Clerk Maxwell. In this thought experiment, a “neat demon” could allegedly violate the second law of thermodynamics at the nanoscale. A statement that led to a flurry of debate over the course of a century, eventually elucidating the deep connection between energy and information.

In their new paper, Lawrence Livermore researchers Maxwell Murialdo and Jon Belof have detailed how this connection between energy and information enables the creation of a cryptocurrency token that is directly supported and convertible into one kilowatt-hour of electricity. Although one kilowatt-hour of electricity is required to mint an E-Stablecoin token, this digital token can later be destroyed to reclaim one kilowatt-hour of useful electricity. Thus, the price of one E-Stablecoin token is tied to the price of one kilowatt-hour of electricity in a reliable and stable way (a system that does not depend on an institution or a third party for the network or payment system to function).

As Murialdo explained:

Any anonymous party can mint an E-Stablecoin token with an input of approximately one kilowatt-hour of electricity. They can then transact with the digital token like they would with any other cryptocurrency, or even turn it back into usable electricity—all without the need for electricity companies, power lines, permits, or authorities. It is a system without top – down trust .

A key issue that plagues many cryptocurrencies (such as Bitcoin) is the tendency for the stock price of a cryptocurrency to fluctuate wildly. These extreme price fluctuations increase risk and hinder consumer transactions, long-term smart contracts, and other applications built on the blockchain.

One solution is to create “stable coins”, which are crypto-currency tokens specifically designed to maintain a stable value in relation to external assets. Stablecoins can link the value of their token to the value of an external asset such as one US dollar or one gram of gold, making the token directly exchangeable for the asset. However, to date, pegging the value of a cryptocurrency token to the value of a physical asset has required trust in a centralized authority (which can support and pay out the physical asset). Requiring trust in centralized authority introduces a potential point of failure that goes against the decentralized spirit of cryptocurrencies.

E-Stablecoin is the first stablecoin concept to address this “point of failure”. This was made possible through the use of the interaction of thermodynamics and information theory. In the future, E-Stablecoin could help distribute electricity to remote locations that are not connected by the grid system, or fight climate change by allowing intermittent renewable energy to be transferred to places where it is most needed for efficiency.

“Through thermodynamic reversibility – to the extent that current understanding of statistical mechanics allows it – we envision a future blockchain that is not only based on real assets such as energy consumption, but is also a more responsible steward of our natural resources in support of the economy.” Belof noted.

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Phones

Samsung has released a smartphone that neither Xiaomi, nor Huawei, nor Realme offers the likes of. Introduced secure Galaxy XCover6 Pro with a removable battery

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Samsung has released a smartphone that neither Xiaomi nor Huawei

Samsung has introduced a secure smartphone Galaxy XCover6 Pro. The manufacturer has not yet revealed the price, but earlier there were rumors about 600 euros. The device will go on sale in July.

Samsung has released a smartphone that neither Xiaomi, nor Huawei, nor Realme offers the likes of.  Introduced secure Galaxy XCover6 Pro with a removable battery

Unlike many of its predecessors, the Galaxy XCover6 Pro offers far from the most basic specs. The heart here is the Snapdragon 778G, which means that the XCover6 Pro is more productive than most Samsung smartphones in the Galaxy A line.

The device has 6 GB of RAM, 128 GB of flash memory that can be expanded with microSD cards, a 50-megapixel main camera, an 8-megapixel ultra-wide resolution, a 13-megapixel front camera, and a 6.6-inch IPS screen with a resolution of Full HD + with support for 120 Hz. The display is covered with the latest Glass Victus + glass, but probably a film is glued on top, as is usually the case with secure smartphones.

The battery capacity is small by today’s standards and amounts to 4050 mAh, but the device’s battery is removable, that is, you can replace it yourself by simply opening the back cover. Moreover, hot swapping is supported.

Also worth noting is a USB-C 3.2 port, Wi-Fi 6E, Bluetooth 5.2, two customizable buttons, and DeX support. As for protection, we are talking about IP68 and the MIL-STD-810H standard.

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Gaming

Published the first live photo of the virtual reality helmet Sony PlayStation VR2

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Published the first live photo of the virtual reality helmet

The PlayStation VR2 virtual reality helmet has not yet got a release date, but its photo has already appeared on the network. Developers from Bit Planet Games have published a photo of new items. True, then they promptly deleted the photo, but copies have already been distributed over the network.

Published the first live photo of the virtual reality helmet

The new helmet is being created for the PlayStation 5 console, although many hope to be compatible with the PC. The novelty is expected to receive OLED displays with a resolution of 2000 x 2040 per eye, support for HDR, a frequency of 120 Hz and a viewing angle of 110 degrees. The novelty is also credited with eye tracking and a single data and power cable, while the new controllers will receive adaptive triggers and an advanced vibration mechanism.

The new helmet is said to support Horizon Call of the Mountain, No Man’s Sky, The Walking Dead: Saints & Sinners: Retrebution and Resident Evil Village. Other games are also expected to appear.

There is no exact release date yet, it is assumed that the helmet will appear in the first half of 2023. He is credited with a cost of 400 euros.

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Software

FCC asks Google and Apple to remove TikTok app from stores

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FCC asks Google and Apple to remove TikTok app from

In the US, a new stage of confrontation between the authorities and TikTok has begun. FCC Commissioner Brendan Carr wrote letters to Alphabet CEO Sundar Pichai and Apple CEO Tim Cook. In them, he demanded that TikTok be removed from the Google Play and App Store stores.

FCC asks Google and Apple to remove TikTok app from

According to Carr, the application collects and transfers too much sensitive data, and then the program transfers them to Beijing. Carr noted that the application can save drafts, has access to search history, intercepts button presses, tracks biometrics, and also has access to text, images and videos on the clipboard.

“TikTok is not just an app for sharing funny videos and memes. This is a wolf in sheep’s clothing, ”the American official said. He also stated that a recent study showed that TikTok employees in China had access to the personal data of American users.

Stores were given until July 8 to remove the app or justify their refusal to do so. Note that this is not the first confrontation between the Chinese application and the US authorities. Previously, ByteDance companies wanted to ban transactions on TikTok.

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