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Armstrong and the Winklevoss twins have promising visions in securing Bitcoin exchange.

Bitcoin exchange Coinbase has brought innovation to the next level by opening the first ever licensed US Bitcoin exchange. Backed by $106 million from the New York Stock Exchange, banks, and venture-capital firms, Coinbase’s newly launched US exchange, said to be named Lunar, will provide greater security features; so as not to repeat the mistakes of Mt. Gox and Bitstamp, the former of which declared bankruptcy last year while the latter has sustained hacking attacks and is now back in the game.

Coinbase has already acquired licenses from 50% of the states in the country, which includes New York. The remaining 50% is still in the works and is necessary to complete to be able to provide full nationwide services. Also, Coinbase does not only look at expanding nationwide, it also looks at expanding worldwide in offering their Bitcoin-related services.

Of this plan, Coinbase CEO Brian Armstrong said: “Our goal is to become the world’s largest exchange”.

For this vision to be realized, Coinbase must make sure that no security attacks will ever threaten the safety of every user’s bitcoins, which is something that the company seeks and proves to show.

On the other hand, Coinbase is not the only one that has the same vision. Entrepreneurs Tyler and Cameron Winklevoss, widely known for their work on Facebook, are also eyeing on the same project.

The twins have already taken the necessary steps such as hiring engineers, enlisting a bank, and engaging with regulators to begin the process of opening their own Bitcoin exchange in the next months to come. The exchange will be named Gemini, Latin for twins.

Despite the volatile prices and security attacks on other exchanges, the Winklevoss twins haven’t lost their confidence in bitcoins and the technology that powers it, which is why they consider a reliable and regulated exchange extremely necessary to bring bitcoins up on its feet again.

By Glenn Fleishman — MIT Technology Review

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A zombie network of home routers highlights the importance of prioritizing smart appliance security.

Plenty of science-fiction stories feature ordinary household appliances staging a revolt. In an episode of Futurama, toasters and home robots rise up against their human oppressors. Two trends are now starting to make such scenarios seem less far-fetched.

One is the wave of Internet of things devices being developed for homes—on full display at the CES trade show last week. The other is the increased hacking of home networking gear—as demonstrated by a zombie horde of home network routers discovered recently.

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By — Singulariy Hub

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Television, cellphones, radio, WiFi—modern civilization converses in radio waves.

Most of us need some kind of device to translate the signals into something we can consume on a screen or through a speaker. But in the television show, Alphas, one of the characters, Gary Bell, can literally see and read electromagnetic waves.

In the show, Bell’s ability is a fictional superpower—but the larger point? The world is brimming with information invisible to our fairly limited senses. A new project, Phantom Terrains aims to make us all a little bit more like Gary Bell.

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Quoted: “Looking at the misinformation, speculation, and confusion about bitcoin and blockchain technology: it’s the same conversation we had 20 years ago with the Internet. In the early 90s, the only way you could check your email was through a command line prompt. Then, web browsers were developed, small websites were created, and…well, as you can see, a lot has changed since. It’s looking as though bitcoin is just the first app to use blockchain technology, just like email was the first app to use the Internet.”

Read the article, and learn about the January 27, 2015, conference, here > http://radar.oreilly.com/2015/01/bitcoin-is-just-the-first-app-to-use-blockchain-technology.html

By Jason Dunn — Singularity Hub

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One day everything in space will be made in space, and this will radically increase the potential for human space exploration.

I recently read a novella that explores this very idea (see below for an excerpt). Cory Doctorow’s “The Man Who Sold The Moon” appears in Hieroglyph: Stories and Visions for a Better Future, an anthology of hopeful, ambitious, technically-grounded science fiction stories set in the near future. In the story, a small team takes on the daunting mission of launching a machine to the Moon that collects lunar regolith (moon dirt) and 3D prints structural housing panels for a future settlement.

This idea is at the heart of a decades-old quest to create truly sustainable and Earth-independent space exploration. In the summer of 1980, a team at NASA Ames Research Center showed a simple set of machines could be sent to the lunar surface to mine resources and replicate themselves.

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Quoted: “We’re not there yet, but in less than 10 years, I believe that the technology behind bitcoin will transform the accounting profession entirely. What is this technology? The blockchain. Let me set the scene by going over a few bitcoin related concepts before explaining why I think that the accounting profession will undergo a major disruption in the coming years.”

Read the article here > http://www.techvibes.com/blog/how-technology-behind-bitcoin-could-transform-accounting-as-we-know-it-2015-01-22

At the most basic level The FIRST Robotics Competition, founded by inventor Dean Kamen, looks to the future by developing the next generation of the world’s engineers. Many of the students at FIRST go on to work at very influential titans of technology, or at future oriented organizations such as NASA. This documentary on FIRST Robotics is our eighth main piece in our Galactic Public Archives series in which we explore compelling visions of our future from influential individuals. So far, we’ve covered an interesting collection of viewpoints and topics regarding our possible future, ranging from the future of longevity, to the future of search and even the future of democracy. FIRST seemed like a natural opportunity to explore another ‘puzzle-piece’ of what the future might look like. And of course, the competition features Robots, which are an integral piece of any self-respecting utopian or dystopian future. What we did not realize as we started our exploration of the program was that FIRST is not attempting to be a humble building block towards the future. Although only time will tell to what degree it succeeds, it aspires to be a catalyst for much more far-reaching change.

In a society that praises the utmost competitive spirit in all the wrong ways, Inventor Dean Kamen noticed less and less youth using this spirit towards opportunities in math and science, instead aspiring to become celebrities, or sports superstars. In turn, he provided an answer to make kids excited about changing the world through technology. Kamen’s endeavor, FIRST Robotics offers teens a chance, in competition form, to use their skills and teamwork to problem solve a piece of machinery to life.

FIRST was modeled off the allure of professional sports leagues but without – hopefully — the dog eat dog spirit. David Lavery, FIRST Robotics Mentor and NASA Engineer, grew up during the Cold War when competition through technology meant joining in on the race to the moon. An interesting aspect of FIRST’s philosophy, is that as much as it embraces competition, students are also forced to realize that your greatest competitor could – in the future — work as one of your greatest collaborators. This generation may be bombarded with news about Kardashians as opposed to scientists, astronauts and cosmonauts — but what FIRST aims to cultivate, is a hunger to make a difference – made possible now more than ever due to widespread access to information.

Directly and tangentially, the experiment of FIRST both tackles and raises an entire swarth of deeper questions about our future. What values will our culture celebrate in the future? What will the repercussions be of the values that we celebrate today? How much time do we have to solve some of the great challenges looming on the horizon? Will there be enough individuals with the skills required to tackle those problems? To what degree will the ‘fixes’ be technological vs. cultural? How will the longstanding ideological struggle of competition vs. cooperation evolve as the next generations take over? What is the future of education? What is the proper role of a teacher? A mentor? Where does cultural change come from? Where should it come from? It’s an impressive list of questions to be raised by a competition involving robots shooting frisbees. We hope you find it as compelling as we did.

By –Singularity Hub

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Since 2005, I’ve been grappling with the issue of what to teach young people. I’ve written curricula for junior high students in the US, for a UNICEF program reaching students in a dozen countries, and now, for East African young people as they become financially literate and business savvy.

Through the years, I’ve watched program directors demand young people focus on foolish content because it lined up with something trending in the public discourse—units on climate change; modules about using social media to share stories; lessons on agricultural policy; and so forth.

What have I learned? The attention of a young person is tremendously valuable. We should stop teaching them whatever makes us feel good and get honest about the next fifteen years.

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By — Singularity Hub

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San Francisco to Los Angeles in 35 minutes flat—that was the dream of the Hyperloop.

Back in 2013, Elon Musk introduced the world to this dream a 60 page white paper. The paper caused a stir. The idea—a levitating, solar-power supersonic train—was both pure geek porn and a transportation revolution in the making. It definitely captured people’s imagination.

But would it ever get made—now that was the question.

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By — Singularity Hub

In two recent videos, Jason Silva visits the idea of ontological design—that as we design our tools, so our tools design us in return. We devise and engineer computers and the internet, and now computers and the internet are remaking us.

Silva describes the process as endlessly circular, like the serpent eating its tail.

Why does this matter? Because, according to Silva, as we become aware of these feedback loops, we can design with more intention. Make spaces—homes, museums, skyscrapers, cities—in anticipation of how they’ll influence our brains.

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