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Category: cryptocurrencies

What would a world without banks look like? The answer may lie in decentralized finance.

Decentralized finance is an emerging ecosystem of financial applications and protocols built on blockchain technology with programmable capabilities, such as ethereum and solana. The transactions get executed automatically through smart contracts on the blockchain, which includes the agreement of the deal.

“Anyone can actually build businesses on top of these protocols and using them the same way as we can today build an internet business on top of the HTTP IP protocol,” said Stani Kulechov, founder of a DeFi protocol called Aave.

Decentralized finance has captured only 5% of the crypto space, according to CoinGecko, but it has seen massive growth recently. There was $93 billion worth of DeFi assets in the crypto market as of June 2,021 up from $4 billion just three years ago. To be sure, DeFi’s growth has slowed since the summer of 2,020 and regulatory scrutiny from Capitol Hill has spiked over fears of crypto’s checkered past.

1:17-Chapter 1: The ABCs of DeFI
3:16-Chapter 2: The DeFi boom.
5:45-Chapter 3: Why people are excited about DeFi.
7:31-Chapter 4: What’s next?

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Crypto currency, fast grants, publishing sucess and failures, intellectual property, all good.

Around $26 million in grant funding has just been made available for scientific research that can improve our understanding and control of human aging thanks to the donations of supporters such as Vitalik Buterin. Will this launch solve aging? The grants, known as Impetus Grants, are specifically designed to have immediate impact. Scientists can request up to $500,000, and decisions will be made within three weeks.

Impetus Grants exemplify the increasing crossover between the blockchain and cryptocurrency communities and the longevity community. The founding donor was Juan Benet of Filecoin, and he was joined by Mt. Gox creator and Stellar co-founder Jed McCaleb. Well known longevity founder and cryptocurrency pioneer Vitalik Buterin has also donated around $5 million dollars worth of Ethereum, a cryptocurrency which he helped to create.

Impetus Grants are a project of The Longevity Apprenticeship managed by Martin Borch Jensen, the chief scientific officer of Gordian Biotechnology. Gordian claims to have created the first in vivo therapeutic screening platform to radically improve drug development for complex diseases of aging.

This style of funding was inspired by COVID-19 Fast Grants, which were designed to be “faster sources of emergency science funding during the pandemic.” The first round of those grants were given out within 48 hours, with the review of subsequent applications happening within two weeks.

Researchers from any field can request funding, as long as their work is relevant to the Impetus Grants mission. Smaller requests are favored so that more projects can be supported. The reviewers have expressed an interest in betting on scientists willing to challenge assumptions and develop new tools and methodologies, even if their hypothesis isn’t strongly supported. The plan is for all intellectual property to remain with the researchers or their university.

In an attempt to ensure that knowledge is gained from all studies, a special issue of the peer-reviewed journal GeroScience will publish both positive and negative results.

According to Jensen, “The work we’ll fund is not for the few. It’s medicine aimed at treating multiple diseases at once. It’s enabling healthcare, rather than relying on sickcare, by attacking the drivers of the diseases, pain, and frailty that afflict everyone.”

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Discover what makes Henson so great: https://bit.ly/3Dn1so3
Why the Tesla bot is the key to a Mars colony, and why Elon Musk’s SpaceX mission to build a colony on Mars needs the Tesla bot.
Last video: NEW Tesla Model 3 Now Available!

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Mastercard has agreed to acquire blockchain analytics start-up CipherTrace, in the latest sign of how major companies are warming to cryptocurrencies.

The payments giant said Thursday it entered into an agreement to buy CipherTrace for an undisclosed amount. Based in Menlo Park, California, CipherTrace develops tools that help businesses and law enforcement root out illicit digital currency transactions. The company’s competitors include New York-based Chainalysis and London start-up Elliptic.

“Digital assets have the potential to reimagine commerce, from everyday acts like paying and getting paid to transforming economies, making them more inclusive and efficient,” Ajay Bhalla, president of cyber and intelligence at Mastercard, said in a statement. “With the rapid growth of the digital asset ecosystem comes the need to ensure it is trusted and safe.”

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Brent Nally interviews Dr Katcher about E5 plasma filtering. “What’s the purpose of anything if you’re gonna die?” E5 human trials perhaps by the end of 2022. All treated rats so far are still alive. “The question is how many times can we do this?” So far with rats it’s 3 times. He has not given out the specific E5 formula. Right now there is another party attempting to repeat his rat experiments.

Harold earned his PhD in Biology, is Chief Science Officer of Yuvan Research and is one of the discoverers of the breast cancer gene (BRCA1). Harold describes in his book, The Illusion of Knowledge, his personal story and journey developing E5 which may be extremely promising for the field of rejuvenation/biological age reversal. Read this May2020paper.

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El Salvador began installing Bitcoin ATMs, allowing its citizens to convert the cryptocurrency into U.S. dollars and withdraw it in cash, as part of the government’s plan to make the token legal tender.

The government will install 200 of the teller machines to initially accompany its digital wallet called Chivo, a local slang term for ‘cool,’ President Nayib Bukele said on Twitter. Transactions will be commission free, he said, adding that there will also be 50 financial branches across the country for withdrawing or depositing money.

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Related: Ethereum’s London hard fork sets ETH on a more deflationary path

For some, it’s easier to burn money than to coordinate and fund public goods. As a confessed humanist, that’s massively disappointing to me. This fundamental shift would have been tremendous support for research and development and innovation that maximizes community benefit and the thriving (rather than survival) of more transparent nonprofits. Developments in this space would make unbelievable strides forward for Ethereum and broader society.

The building blocks are here for humans to coordinate and reward those who create a lasting impact. NFTs, DAOs and retroactive public funding make it easier to put humanity first. We’re at a monumental moment for pro-social organizations, where public goods like ending world hunger, championing human rights and economic empowerment can be designed for the long run.

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