This is an opinion editorial by Daniel Hinton, the head of finance and operations for sFOX, a bitcoin prime broker and custodian, and Steve Jeffress, creator of Bitcoin UTXO set visualizer UTXO.live. We now know how to infer the daily price of bitcoin within 1% by looking only at the unspent transaction output (UTXO) set. With this, we can build decentralized applications that rely on the UTXO set — rather than on trusted third-party oracles — for the USD price used in discreet log contracts (DLCs) and smart contracts. The…
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‘Softwar,’ Abstract Thinking And How Bitcoin Solves A Neolithic Problem
This is an opinion editorial by Sydney Bright, a software developer with a master’s degree in biomedical engineering. Bitcoin is not merely a medium of exchange. That is not to say that bitcoin is not money. Bitcoin is undoubtedly money. However, to think it is merely a technological innovation that transcends the archaic systems of the Federal Reserve, legacy banking, Visa, Mastercard and so on would be a profoundly-erroneous error. Bitcoin solves a problem that, ironically, was both the catalyst for the Neolithic era and something that has plagued humanity…
Read MoreAI content cannibalization problem, Threads a loss leader for AI data? – Cointelegraph Magazine
ChatGPT eats cannibals ChatGPT hype is starting to wane, with Google searches for “ChatGPT” down 40% from its peak in April, while web traffic to OpenAI’s ChatGPT website has been down almost 10% in the past month. This is only to be expected — however GPT-4 users are also reporting the model seems considerably dumber (but faster) than it was previously. One theory is that OpenAI has broken it up into multiple smaller models trained in specific areas that can act in tandem, but not quite at the same level.…
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