What Is an Order Book? - cyptoranking.com

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2024-05-10

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The Nature science journal recently published an editorial in its Nature biotechnology section lauding decentralized autonomous organizations (DAOs) as a revolutionary new method by which researchers working in underfunded scientific fields can create communities around their work and raise funding that, otherwise, might not be available.In a DAO-based research scheme, a project’s organization, fundraising, feedback, and pipeline from discovery to product/industry can all be handled by the same decentralized governing body. Per the Nature article, the general workflow would also be streamlined compared to the status quo:“Project proposals are sent to the DAO, and each DAO member is able to vote on whether a particular project should be funded. Members have tokens … to provide support and feedback to new project proposals. Research results are also provided to the DAO as projects continue, leading to further feedback and engagement. Eventually, the project will (hopefully) end up in an IP-NFT (intellectual property non-fungible token) — something like a patent, which is owned by the DAO and governed by all token holders.”Funding can vary wildly from one scientific endeavor to another. During boom and bust periods, research into areas such as artificial intelligence and quantum computing might receive huge boons from Big Tech, government and follow-on investors, while sectors that may have been well-funded previously, such as longevity and those that have been traditionally underfunded, like women’s health issues, for example, may find funding increasingly difficult to secure. DAOs are built on blockchain technology. This allows a DAO to function on a digital ledger that is transparent and decentralized, meaning a single entity or institution doesn’t control it. In the science world, this allows project funding and community interaction can be democratized. Related: DAOs need to learn from Burning Man for mainstream adoptionTraditionally, scientists working at or with the most prestigious institutions — major universities in countries with high GDPs, government institutions and contractors, Big Tech and big pharma companies — receive the most funding and access the most potential funding. The distinction is important because, as scientists leave geographical areas with less funding to pursue research in wealthier areas, the “brain drain” associated with emigration is compounded. And, because DAOs don’t necessarily have to respect borders (though the legalities surrounding their operation can vary by location), they can be governed by the needs and wishes of the research scientists, not the country, university or company sponsoring it. Ultimately, the Nature editorial staff concludes that DAOs could become a crucial platform for underfunded researchers, but adoption will require further education. “Part of this challenge is helping possible members realize that the DAO is not just a funding body,” the staff writes, “but also a community of people who care strongly about supporting a particular scientific cause.”Neal Stephenson’s blockchain project holds discovery month as metaverse hype wanes Advantages of Decentralized Cryptocurrency Exchanges What Is an Order Book?Zhu Su held a party at a high-end bungalow in Yawu Road. Source: Zaobao The institution is currently running trials with the participation of 16 major businesses. In September, HSBC issued eHKD to around 200 students and staff at the Hong Kong University of Science and Technology Business School, aiming to test the use of the digital currency.

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Pipeline  The Forkast CAR NFT Composite reached a new all-time low of 880.26 points on Sept. 28 and is down 31% year-to-date. The Forkast POL NFT Composite is down 11.15% year-to-date after it fell to a new all-time low of 645.99 points on Monday. How to Invest in Bitcoin in the UK 2023How Does an ICO Operate? Vitalik Buterin, Ethereum’s co-founder, has put forward a series of solutions to bolster the decentralization of staking pools and protocols. He also proposed solutions to reinforce these protocols’ security against potential attacks.

In recent months, Bitmain has been active on the business front. On Sept. 22, bankrupt Bitcoin miner Core Scientific announced plans to purchase 27,000 Bitmain servers for a sum of $77 million. Also see: 9 Best AI Crypto Trading Bots to Maximize Your Profit How to buy USDT (Tether)?Big Time aims to bring to its large community a free-to-play experience, without the sort of poorly aligned pay-to-win mechanics that have dogged other crypto-centric games. StaFi, the trailblazing multi-chain liquid staking protocol, has taken a giant leap forward in its mission to empower users to participate in DeFi while staking across various Web3 ecosystems. In an exciting development, StaFi has seamlessly integrated Chainlink CCIP (Cross-Chain Interoperability Protocol) across the Ethereum, Arbitrum, and Polygon mainnets.

Is Bitcoin the Solution to PayPal’s Discrimination? “It is probably too optimistic to expect that improvements in hardware and software efficiencies will fully offset any long-term changes in AI-related electricity consumption,” de Vries wrote. “These advancements can trigger a rebound effect whereby increasing efficiency leads to increased demand for AI, escalating rather than reducing total resource use.” Ripple's price: take decisions in real time!DeFi’s mass adoption won’t necessarily look the way many imagine, Larsen says, “You’re not a daily active user of a mortgage.” The Princeton computing and electrical science graduate started his working life in the university’s robotics lab in the 1980s. He then moved into the world of financial technology (fintech) as vice president of technology at the investment giant Goldman Sachs before making a detour to Jamaica and a second career as a dancehall music producer.


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