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Crypto

Bitcoin (BTC) Will Be The Native Currency Of The Internet, According To Jack Dorsey, Twitter CEO

Jack Dorsey, the co-founder and the CEO of the famous social networking site Twitter, as well as the Square payment platform, was a guest speaker at Consensus 2018, the event where he commented exclusively on his predictions about the use of cryptocurrencies in the financial market in the long term, stating that, in his opinion, Bitcoin (BTC) will be the native cryptocurrency of the Internet.

According to reports coming from Bloomberg and David Floyd, one of the reporters present at the Consensus 2018 gala, in New York City, USA, Jack Dorsey said that the Internet needs a native currency that facilitates transactions and payments within the web without limitations from third parties.

Although the co-founder of Twitter is not entirely sure if the cryptocurrency assets will end up taking the place of the Internet’s native currency, he does hope that Bitcoin (BTC) will be able to capitalize on the cyber market and become a currency among web users.

Jack Dorsey, the CEO of Twitter, is not at his first statements in the favor of Bitcoin (BTC)

“The Internet deserves a native currency. It’ll have a native currency. I don’t know if it’s Bitcoin (BTC) or not. I hope it is,” were the words the businessman gave to the group of enthusiasts who attended the event.

Similarly, Jack Dorsey commented that he has always been an enthusiast of the philosophy of cryptocurrencies, an assertion that is based on the constant support the co-founder of Twitter given to crypto coins, over the time.

However, at first, when Bitcoin (BTC) White Paper was launched, it did not understand the long-term impact and implications of this new blockchain technology, as he himself admitted.

In the past, however, Jack Dorsey has already expressed his deep confidence in the potential for financial transformation of blockchain technology and cryptocurrencies, tools that have emerged for him as the great technological innovations of this decade with the capacity, in the case of Bitcoin (BTC), to become the native currency of the Internet.

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News Tech

Intel Core i3-8121U Seen in China – Intel’s First 10nm Cannon Lake Chip for Notebooks

Intel is one of the world’s most influential tech manufacturer. What we mean by this is that every time Intel launches a new chip, all other tech companies are basically forced to up their production and try to come out with a similarly impressive chip. With that being said, it should come as no surprise that everyone has been waiting for Intel to finally unveil its 10nm Cannon Lake chip ever since April when Intel announced that its adding the finishing touches to the chip.

Intel Core i3-8121U

The chip that we are talking about is called Core i3-8121U and it is the first official Cannon lake chip Intel ever made. Moreover, Core i3-8121U is being shipped alongside a new Lenovo laptop in China right now.

Added ARK Repository

Considering that the chip is available for all hardware manufacturers to purchase and use, Intel decided to add it to its official ARK repository chip data. The reason why this matters is because it confirms to us that Core i3-8121U is, in fact, a true Cannon Lake chip.

Base and Boosted Speed

We should mention that the ARK description says that Core i3-8121U is a member of the 8th Generation Core lineup and that it runs at a base speed of 2.2GHz. Moreover, the chip can be boosted to 3.20 GHz with the use of Intel Turbo Boost 2.0. Lastly, the chip features two cores and four threads.

LPDDR4 Memory Support

Intel announced that Core i3-8121U will optionally support LPDDR4 memory which helps the chip boost the maximum bandwidth to 41.6GBps. This is a 22% boost when compared to the previous Core i3-8310U chip.

Unfortunately, the chip has yet to start shipping in the US and Intel hasn’t announced when that will happen. However, we can expect Core i3-8121U to hit the stores during the summer.

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News Tech

New WhatsApp Update Enhances Messaging Group with New Features

We have some amazing news for WhatsApp fans who love using the app. The developers who are in charge of WhatsApp have recently announced that a major update is coming and that it will include a bunch of features which are going to enhance group messaging. With that being said, let’s see what these new group messaging features are all about.

iOS and Android Update

The first thing we need to mention about this upcoming update is that it will be available for everyone. WhatsApp’s developers have confirmed that both iOS and Android users will be able to get their hands on it once the OTA (over the air) rollout begins.

Group Messaging

WhatsApp is regarded as being the best messaging app in the world and the reason behind this is that WhatsApp is packed with tons of innovative features. One of those features is group messaging and this makes WhatsApp the ideal app for people who want to create groups in which they can talk with their friends, work colleagues or family members.

Nonetheless, group messaging is now being enhanced and this is surely going to help take WhatsApp’s services to the next level. Without any further ado, here are the new features:

  • Group Description

The first feature that’s being added alongside this new update is group description. Group admins are going to be able to set descriptions to their private groups and this is going to prove to be quite useful for admins who love notifying their group participants about the latest news.

  • Searching for Participants

WhatsApp users are going to be able to search for individual group participants after the new update arrives. This is a great feature because previously, users had to manually scroll through the list of participants and look for the person they want.

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News Tech

Will Surface Hub 2 Revolutionize the Way we Work?

Microsoft is almost ready for the second generation of Surface Hub, and it appears that the company has prepared a lot for the release. Microsoft announced the device on Tuesday and we were able to learn about some of its features and specifications.

Design

It appears that the new Surface Hub will be smaller than the previous one, and it will weigh less as well. According to Ryan Day, a Microsoft spokesman, the company made some adjustments when it comes to the design of the giant tablet. The weight of the device will be between 25 and 35 kilograms.

Impressive display

The display will be a 4k plus one, that will have a 3:2 ratio. If the previous Surface Hub impressed us with its display, the Surface Hub 2 has its surprises as well. For example, you will be able to mount four Surface Hub 2s next to each other. This means that you will be able to create a massive video wall, which is something that can change the way we use it.

The Surface Hub 2 can also be used on a rolling easel stand, which makes it very easy to use and move around. In an office, this new addition can change the way meetings go.  If you are tired of the classical whiteboard, the Surface Hub 2 can replace it and bring everything you need in one place.

When it comes to conference calls, the giant tablet is ideal for Skype, as this was one of its original go-to apps. Surface Hub 2 managed to evolve even more, and, according to Microsoft, it will be an important element of the “intelligent edge”. The Surface Hub 2 will also be an essential tool for teamwork, as it enables “immersive collaboration”.

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Crypto

Mining Bitcoin (BTC) Will Equal Power Consumption Of Austria By The End Of 2018

The use of electricity in mining Bitcoin (BTC) data centers will reach 7.7 gigawatts by the end 2018, an amount equal to the electricity consumption of Austria, for example, a country with almost 9 million inhabitants, according to a study published today in the specialized magazine Cell Press.

This means that cryptocurrency will consume 0.5% of global electricity production, a shocking figure, according to the study’s lead author, Alex de Vries, a financial economist from the Netherlands.

“It’s an extreme difference compared to the regular financial system, and this growing demand for electricity will definitely not help us reach our climate targets,” said de Vries, a cryptocurrency expert.

Mining Bitcoin (BTC) is consuming lots of power

The Bitcoin (BTC) depends on the computers that carry out the transactions in a continuous chain to avoid duplication of coin expenditure.

To perform this function, it is necessary to maintain a large number of computers connected almost uninterruptedly, which requires a high power consumption. Its economy-driven estimates put the current minimum current use of the bitcoin network at 2.55 gigawatts, which means it uses almost as much electricity as Ireland.

In fact, during a single transaction of a cryptocurrency uses as much electricity as an average household in the Netherlands in a month.

“If the price of bitcoin continues to rise in the way some experts have predicted, the grid could one day consume 5% of the world’s electricity,” the Dutch researcher said.

The technology that supports cryptocurrency works through nodes that form the decentralized network

In any traditional monetary system, governments print more money when they need it, but in the case of mining Bitcoin (BTC), it is not created but discovered.

Hundreds of thousands of computers from all over the world compete with each other in mining Bitcoin (BTC), that is, to generate this cryptocurrency.

Unlike other currencies, the BTC is a currency whose value does not depend on the interest rate fixed by a Central Bank or on its reserves in commercial banks. It is a currency that is subject to the laws of supply and demand through the net, increasing or decreasing its value on the basis of whether or not it is available on the market.

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