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Home Blog Page 4174

Features of the Free Software – Dr Yasam Ayavefe

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Free software is the source code, i.e. the set of instructions that creates the program before compilation, is software that is openly made available and cannot be the subject of special grants.

The development of free software relies heavily on the volunteer work and voluntary participation of participants in a collaborative organizational mode based on the organizational conveniences of the Internet.

Today’s flagship product is the Linux operating system inspired by Unix and portable to microcomputer architectures.

But many other products are also available from specialist companies and often even freely downloaded from the Internet: website servers, office, scientific and image processing tools, etc.

What we want to show in this article is that what characterizes the free software model is primarily the freedom to modify and improve existing versions.

Therefore, the free software economy is first and foremost a model of innovation, know-how and reintegration of knowledge. It’s not a free product offer type of marketing strategy.

The fact that the user is allowed access to the source code provides the very important effects of learning through use. That is, it makes it possible to make the best use of a very large distributed intelligence.

Under the terms of the Free Software Foundation, anyone can use and modify the code as long as they forward the change to the organization for verification and evaluation.

Here we find the good features of knowledge distribution and open information systems. Only the rapid and wide circulation of information makes it possible to exploit the unique potential of a large number of competent individuals.

From a concrete point of view, the rapid distribution of information facilitates coordination between agents. It reduces the risk of recurrence between research projects. It makes it possible to learn and concentrate on the best inventions.

It also constitutes a guarantee of quality. Because after knowledge is produced, it is tested by countless agents and therefore verified.

Finally, it spreads knowledge among a diverse population of researchers and entrepreneurs, increasing the likelihood of subsequent discoveries and inventions. It also reduces the risk of owning this information.

These good features of open knowledge are reinforced in the case of free software:

First, software is a complex scientific or technological object. It is therefore characterized by almost unlimited learning processes.

A system of thousands of developers working on the same software for a long time will remain for a long time, almost indefinitely.

This would not be the case with a system of thousands of engineers working to develop a simple object.

Second, software is expressed in the form of a set of coded instructions that circulates perfectly over the electronic network.

Thus, the circulation of the improvements made is fast, flawless and the marginal cost is close to zero.


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This increases the overall efficiency of the batch research process. This also increases the incentive for agents to post information.

The results are clearly demonstrated in experimental studies of new systems. If so many agents agree to cooperate, it is mainly because the time spent sending information does not exceed five minutes.

Third, software belongs to a certain class of technology that has the ability to reduce or even cancel the distance between producers and consumers.

The millions of users who bring up the problems are partly the developers who will suggest the solutions. Therefore, the relationship between identifying problems and formulating solutions is important.

There is an interesting result in this regard. People help each other because the solution one is looking for is ready to use.

In other words, there is the system, which will therefore not have to spend a great deal of effort to find and send. It’s called software.

These different aspects have a clear and indisputable translation in terms of product performance. The rate of innovation, quality and reliability are far superior to those found in the proprietary software world.

If the empirical evidence on this point remains patchy, many companies and administrations turn to the free software world. Expected performance is a good indicator of potential.

For these reasons, the Linux system should not be analyzed simply as a privileged expression of individuals’ ethics and beliefs, or even a sense of community. First of all, it should be seen as a mechanism that produces economic efficiency.

 

Find out more about Dr. Ayavefe and his work here:

https://yasamayavefe.com/

https://milayacapital.com/

Yasam Ayavefe Talks Debt Economy

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The financial system in force today is the result of a policy of transformation initiated in the 1980s to prepare for entry into economic and monetary union. At that time, the financial system was mainly based on the activities of banks and, more generally, on credit.

The high growth rates and the sustained investment speed they imply exceeded the equity held by firms, creating a strong demand for financing from companies. Financial markets only partially met the demand for the most important ones.

Therefore, it was the banks that met the financing demands of the companies by providing their own liquidity by constantly resorting to refinancing.

This system, called the debt economy in his works, should not be confused with the debt economy system, which is a debt economy in which the debt economy does not necessarily exist. Debt and continuous refinancing are key features of the central bank and banks’ debt economy.

This growth-prognostic financing system has been largely manipulated both by the way interest rates are transmitted and by the existence of specialized cycles marked by certain interest rates.

Banks’ demand for refinancing, like corporations’ demand for financing, was highly insensitive to the interest rate, and thus the instrument of monetary regulation was quantitative.

The increase in credit volume was controlled by the practice known as credit control. For example, it has been made more flexible with certain policies to support exports or housing finance.

The aim of the reform, based on the work of the General Planning Commission, was to establish a decentralized capital market large enough to allow it to cope with international capital movements.

From this, companies would derive the possibility of accessing a wider capital market where the interest rate would be a real price. It will be easier for companies to create equity capital and access long-term resources.

The financial burden on businesses was not a major concern. Because inflation has significantly lowered interest rates. So much so that the real interest rate was sometimes negative. It was rather a matter of adapting the economy, and especially the capital markets, to the opening of economies.

As with any economic policy action, this change has led to adaptations. Banks and other financial intermediaries multiplied financial innovations.

Companies have had to contend with both the change in their financing structure and its price, especially since the de facto disappearance of inflation has left them facing high interest rates.

Investment has not benefited from the modernization and diversification of the financial system as much as reform supporters had hoped. However, the financial management of companies has been radically changed and has become a source of profitability.

The transformations took place in a deeply altered environment regarding the determination of the basic variables of the economy, namely interest rates. Here we will try to present the elements of the special situation of the economy.

There is a transformation of the financial system organized by public authorities in response to the constraints of the economic environment. According to the generally accepted classification, it has resulted in the transition to a financial system that falls within the scope of financial market economy.

The place that capital markets occupy today in financing companies is the result of an evolution desired and organized by public authorities.

Equity Capital Economy

The foreseeable transformation that took place in the economic environment with the establishment of the single market made it necessary to question the organization of finance. The economy has closed in the sense that it operates with tight exchange controls when exporting.

This had a dual aspect:

  • It made it possible to control the movement of capital and thus limit the still active speculation against the franc.
  • It also restricted the contribution of foreign capital to stock markets.

The purpose of the reforms implemented by successive governments, the reform of the finance of the economy, is clearly defined. The aim was to achieve a unified capital market that spanned from day to day and over very long periods of time.


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imf debt by country

global debt


This approach has been accompanied by a sustained process of financial innovation, which the Government sets an example with its borrowing techniques.

The expected benefits were on two levels:

  • Increasing prices in the capital market,
  • Increasing financing resources for companies, especially with the contribution of foreign capital.

The ultimate goal was to establish a capital economy, that is, an economy in which companies no longer depend on bank debt, but in which savers invest with the contribution of capital.

This capital contribution does not increase the company’s debt and the market decides the validity of the investment.

An active financial market assumes that operations can be carried out at any time and that all financial operators have access to each market segment, implying money market reform.

In short, the development of markets relies on a rapid process of financial innovation, in which the state becomes more active as economic constraints increase.

Find out more about Dr. Ayavefe and his work here:

https://yasamayavefe.com/

https://milayacapital.com/

TRON (TRX) Pirces Remains Flat, While Aptos (APT) and Collateral Network (COLT) Are Providing Market Leading Returns

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Tron (TRX) trading remained flat as the TRX token price crabs along, impacted by recent fake news on a controversial Twitter account. Meanwhile, Aptos (APT) has seen its price go up as it maintains a bullish trend.

While Collateral Network (COLT) has been met with high expectations of achieving 3500% gains during their presale.

>>BUY COLT TOKENS NOW<<

Does Tron (TRX) have a future?

Tron has not been making any moves lately as it deals with the ripple effects of false information on social media. Tron is the second largest DeFi with a TVL of $3.77 billion.

Fake news about the founder of Tron, Justin Sun, was recently posted on a Twitter account in a bid to manipulate the market. The fake information stated that the Tron founder had been arrested leading to a selling frenzy that saw TRX lose more than $400 million in market capitalization in just an hour.

Fortunately, Tron responded to the fake news immediately to save the situation. Since then, TRX has been trading sideways. Looking at the daily chart, Tron is struggling to break over the $0.09 resistance level.

If Tron does manage to drive more buying interest and demand, it could climb again and possibly reach its previous all-time high of $0.30. At the time of writing, Tron is trading at $0.067.

What is the price prediction for Aptos?

Aptos (APT) is still continuing its bullish trend that began late last year. Keep in mind that Aptos is the latest layer 1 blockchain project. DeFi and decentralized applications developers are flocking to Aptos because of the platform’s attractive features such as speed, scalability, anonymity, and low cost of entry.

Aptos uses a combination of sharding and proof-of-stake consensus to process thousands of transactions per second. These features make Aptos the go-to platform for developers looking for a fast, low-cost, and efficient solution.

Aptos was listed in late 2022 and has been on a bullish trend since the beginning of 2023. Aptos began the year trading at $3.10 before surging to over $20. At the time of writing, Aptos (APT) is trading at $10.24. Investors are optimistic of a major price rally for Aptos in 2023.

Collateral Network (COLT) 40% price increase is setting the pace

Collateral Network  has also been making news in the cryptocurrency world with a 40% price gain having seen its price jump from $0.01 to $0.04.

So, what’s driving the demand for Collateral Network (COLT) during presale?

One thing that is attracting investors to Collateral Network (COLT) is how the new project is set to revolutionize the borrowing and lending sectors in ways that have never been seen before. Collateral Network (COLT) is the first blockchain project in the world that allows borrowers to unlock liquidity from their physical assets.

You can unlock liquidity from any valuable asset on the Collateral Network (COLT) platform including real estate, vintage cars, luxury watches, jewelry, fine art, and many more. Collateral Network mints assets into NFTs and fractionalises them.The fractionalised NFTs created on the Collateral Network platform allows anyone to borrow money from multiple lenders.

Therefore, lenders become their own mini banks and can make fixed weekly income from set interest rates. As for borrowers, they can access funds seamlessly without damaging their credit score or dealing with traditional institutions like banks.

The Collateral Network (COLT) ecosystem is powered by the COLT token. Holders of COLT tokens enjoy several benefits such as lower trading and borrowing costs, staking rewards, and voting rights among other perks.

Collateral Network (COLT) is in the presale stage at the moment. Analysts predict the price of COLT to rise by 3500% by the time the presale concludes.

Find Out More About the Collateral Network Presale Here:

Website: https://www.collateralnetwork.io/

Presale: https://app.collateralnetwork.io/register

Telegram: https://t.me/collateralnwk

Twitter: https://twitter.com/Collateralnwk

Implication of US Bank Depilation ACT on the Crypto Industry

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The US Bank Depilation Act of 2023 is a controversial legislation that aims to reduce the power and influence of the banking sector in the US economy. The act imposes strict regulations on the banks, such as limiting their size, scope, and leverage, as well as imposing higher taxes and fees on their transactions and profits. The act also creates a public banking option that offers low-cost and accessible financial services to the unbanked and underbanked population.

The act has been met with fierce opposition from the banking industry, which argues that it will stifle innovation, competition, and growth in the financial sector. The industry also warns that the act will undermine the stability and security of the US financial system, as well as its global leadership and influence.

However, the act has also been welcomed by some segments of the society, especially those who are dissatisfied with the current state of the banking system. These include activists, advocates, and enthusiasts of the crypto industry, who see the act as an opportunity to promote and expand the adoption and use of cryptocurrencies and blockchain technology.

The crypto industry is a decentralized and distributed network of digital assets and platforms that operate outside the control and regulation of the traditional financial institutions. The industry offers various benefits to its users, such as lower costs, faster transactions, greater privacy, and more freedom and autonomy.

The implication of the US Bank Depilation Act on the crypto industry is twofold. On one hand, the act could create more demand and interest for cryptocurrencies and blockchain technology, as more people seek alternative ways to store and transfer value. The act could also create more space and support for innovation and development in the crypto industry, as it reduces the barriers and threats posed by the banking sector.

On the other hand, the act could also create more challenges and risks for the crypto industry, as it exposes it to more scrutiny and regulation from the government and other authorities. The act could also create more volatility and uncertainty in the crypto market, as it affects the supply and demand of fiat currencies and other assets.

In conclusion, the US Bank Depilation Act is a significant event that will have a profound impact on both the banking sector and the crypto industry. The act will create both opportunities and challenges for the crypto industry, which will have to adapt and respond accordingly. The act will also shape the future of finance in the US and beyond.

Bitcoin Can Power More Than Just Digital Signatures

Bitcoin is more than just a digital currency. It is also a network of trust, security, and innovation. Ordinals Inscriptions is passionate about exploring the potential of Bitcoin to create new solutions for digital signatures and beyond.

One of the flagship products is Ordinals Sign, a platform that enables users to sign and verify documents and transactions using Bitcoin.

Ordinals Sign leverages the power of the Bitcoin blockchain to provide immutable and verifiable proof of identity, ownership, and consent. Users can sign and verify contracts, invoices, receipts, and other documents with just a few clicks, without relying on third-party intermediaries or centralized authorities.

But its not stopping there. They are also developing a new service that will allow users to make and receive payments in Bitcoin with ease and efficiency— Ordinals Pay, a service that will revolutionize the way people use Bitcoin for everyday transactions.

Ordinals Pay is a service that will use the Lightning Network, a second-layer solution that enhances the scalability and speed of Bitcoin transactions. The Lightning Network allows users to create channels of payments between each other, without having to broadcast every transaction to the main blockchain. This reduces the congestion and costs of the network, while preserving its decentralization and security.

With Ordinals Pay, users will be able to create and join payment channels with other users or merchants, and send and receive Bitcoin instantly and cheaply. Users will also be able to use Ordinals Sign to sign and verify their payment requests and invoices, creating a seamless and trustworthy payment experience.

Ordinals Pay will open up new possibilities for Bitcoin adoption and innovation. The service will be compatible with any Lightning Network-enabled wallet or service, and it will also integrate with other platforms and applications that use Ordinals scripts in its set ups.

Latest Crypto News With Lido & ICP While Big Eyes Coin Looks To Be The Next Big Meme Coin

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There are many exciting things taking place in the world of cryptocurrencies that we’ll have a look at in this latest roundup on crypto news. As we look at Lido DAO (LDO) and Internet Computer (ICP) our main focus will be on the young meme coin hotshot Big Eyes Coin (BIG) that has enjoyed an incredible presale this year and is destined for great things. What, exactly, those great things will be is what we’ll explore in this article.

What Can Lido DAO Offer Investors?

Lido DAO is a liquid staking solution that is available on the Ethereum network. The term liquid staking refers to receiving liquid tokens in exchange for depositing tokens. Lido was founded in December 2020 and is governed by a DAO (decentralised autonomous organisation).

Lido DAO is now one of the more used platforms for liquid staking, having accumulated over $13 billion in staked assets within a year of its inception. Despite being initially developed with a focus on Ethereum, it has now diversified and works on other blockchain networks like Solana and Terra, which it launched staking for in 2021.

Another important feature of Lido DAO is that it is decentralised and also offers a high annual percentage rate of 4.8, 8.1%, and 6.66% APR respectively for staking Ethereum, Terra, and Solana.

What is Internet Computer?

Internet Computer, powered by innovations in cryptography, incorporates a radical revamp of blockchain design by providing the first World Computer blockchain. Its blockchain technology can be used to build almost any online system or service without the requirement for traditional IT such as cloud computing services. Due to this, it can enable full end-to-end decentralisation.

Imagine a scenario where you create a group chat to organise something with your friends or interact with photos uploaded by your romantic partner. These social networks constitute a vital part of everyday life but are accompanied by a myriad of privacy issues and can sometimes overwhelm users with advertisements.

Web3 can radically change this old formula. Whereas before blockchains could only build Web3 services in conjunction with traditional IT, such as cloud computing services, a World Computer blockchain enables the possibility of building services that run entirely on blockchain.

Big Eyes Coin is the Meme Coin Seizing Attention

Meme coins have been a wonderfully lighthearted addition to cryptocurrencies. Their ability to connect with what constitutes contemporary culture – internet memes – has allowed them to gain a foothold within the crypto sector. Crypto investors are always searching for new crypto projects and the meme coin terrain is always unveiling new coins.

The latest meme coin that has many investors gravitating towards it is Big Eyes Coin.

Based on the theme of cat memes, Big Eyes Coin has blended the online meme culture with an enticing ecosystem to create a strong sense of community. It has utilised its social media platforms to successfully enchant people into becoming followers, supporters, and then investors.

Big Eyes Coin has accumulated well over $35m in its presales, cementing its place in history as one of the biggest cryptocurrencies in terms of presale numbers. The impressive nature of this is heightened when one considers that investor confidence in the overall state of cryptocurrency may have been rocked by multiple turbulences, including the FTX crash and subsequent closure of several crypto-focused banks.

With its presale to end in the opening week of June, Big Eyes could have what it takes to become the biggest meme coin in crypto. Others better beware of this ferociously cute cat.

 

For more on Big Eyes Coin (BIG):

Presale: https://buy1.bigeyes.space/?source=tekedia

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

OpenSea: https://opensea.io/collection/big-eyes-lootbox-cards

Twitter: https://twitter.com/BigEyesCoin