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If you are interested in cryptocurrencies then you have probably heard about Initial Coin Offerings (or ICOs). they’re kind of like Kickstarter, if Kickstarter was made for investors rather than consumers. ICOs have often been cited as a key reason behind the recent explosion in the value of certain Cryptocurrencies, as investors buy up Ethereum or Bitcoin in order to invest in the latest startup or enterprise. ICOs have become increasingly common and new projects are cropping up every day. As such, we need to ask ourselves the question; Are Initial Coin Offerings going to burst the Cryptocurrency bubble?

An innovative way to invest

Initial Coin Offerings have become a wildly popular way to raise funds for small to medium business. At its core, an Initial Coin Offering is a crowd investment tool that allows blockchain or cryptocurrency based projects to gather large funds in a short period of time. It does this by selling off a portion of its cryptocurrency tokens in advance to investors and backers.

The startup can then use this injection of funds to get their project off the ground and in theory early adopters will be able to sell their tokens for a profit down the line.

If this sounds familiar it’s because, at least superficially, Initial Coin Offerings have some things in common with Initial Public Offerings (IPO). When a startup engages in an IPO it sells a stake of the company to early investors in order to raise funds. An Initial Coin Offering works on the same principle, except the startup is selling some of its Tokens or coins in lieu of equity.

Many have argued that Initial Coin Offerings will democratize the investment market and allow more people to invest in more projects. Taking power away from the establishment and allowing more people to invest in more diverse ideas.

On the other hand there is the argument that Initial Coin Offerings are poorly understood. Particularly by novice investors. There is also the fear that the lack of regulation surrounding the practice has allowed for some pretty poorly thought out ideas, or outright scams, to get funded.

Initial Coin Offerings Could have the same pitfalls as crowdfunding

They key way that an Initial Coin Offering differs from an Initial Public Offering is essentially in the barrier to entry.  An IPO generally requires three things: A product, whitepaper and proven market traction. IPOs also tend to involve a fair amount of research and due diligence on the part of the investor.

ICOs on the other hand have a much lower barrier of entry for both potential investors and startups. While this has helped to fund some promising projects, it  has also allowed dubious startups to get funding that they probably shouldn’t have received.

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There are fears that Initial Coin Offerings could lead to the same failed projects as Crowdfunding has on sites like KickStarter – Credit Amazonaws

The success of Bitcoin and the numerous Altcoins have encouraged inexperienced investors to view ICOs as a sure thing.  These novices have used ICOs to invest in startups with little to no plan for how to actually bring their product to market.

The effect of this is two-fold. As investors pour money into ICOs using Bitcoin or Ethereum the value of those currencies grows, increasing its market value and making ICOs and cryptocurrencies in general more attractive.

This is great until a significant number of these ICOs fail to make good on their promised returns. If this happens then confidence will be hurt and there is a risk that large numbers of people will look to get rid of their coins before the market turns bad, resulting in a collapse of the value of the currencies they’re based on.

In other words, the bubble will burst.

Unforeseen regulation could damage your investment

There is also the risk that Governments will attempt to bring in legislation targeting Initial Coin Offerings and Cryptocurrencies in general. While many governments are beginning to warm up to Cryptocurrency the same cannot necessarily be said for Initial Coin Offerings.

If a number of projects failed to deliver there will be significant pressure on governments to regulate the practice in order to protect consumers. Nobody knows what form this regulation might take, it could even result in certain governments banning the practice outright, making it illegal for you to hold your tokens.

If this happens then it won’t matter how successful the project you backed becomes.

This doesn’t necessarily mean you shouldn’t invest in Initial Coin Offerings

Investment is an inherently risky prospect, no matter what you’re investing in. Even perfectly planned enterprises with an excellent product can still fail because of factors outside of their control.

The truth of the matter is that Initial Coin Offerings will always carry a higher risk than many forms of traditional investment. If you do still want to invest there are still some basic guidelines you can follow that should help you avoid investing in something completely doomed to fail.

    • Always read the whitepaper. A good whitepaper will generally be quite academic in tone. They will explain how the product works, demonstrate good market research and generally include realistic profit forecasts. Avoid anything that sounds like a sales pitch or that is fuzzy on the details.
    • Look at the team. If the team contains experienced individuals with a track record of launching successful products then you will likely be in safe hands. Ideally you want a team that consists of marketing, finance and development specialists. A well constructed experienced team is always a positive sign.
    • Follow the golden rule. Never invest more than you are willing to lose. It doesn’t matter how great or promising a project sounds, over investing in a single idea opens you up to a huge amount of risk in the case of failure, protect yourself and spread out any investments across multiple projects in order to minimize losses.

Initial Coin Offerings do have the potential to be a positive force, opening up investment for more people than ever before and allowing smaller innovative companies to secure funding. The problem is that until there is an agreed upon code of conduct there is always the risk that overconfidence will bring the idea crashing down.

Until that happens, the best way to avoid a bubble is to think before we invest, follow common sense rules, do your research and at the very least, you won’t get burned.

You'll find me wandering around the Science sections mostly, excitedly waving my arms around while jumping up and down about the latest science and tech news. I am also occasionally found in the gaming section, trying to convince everyone else that linux is the future of the computer gaming.

Bionics

Highly efficient in energy usage and exceptionally precise – A novel frequency comb has been developed by researchers at Stanford University

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Researchers at Stanford University have introduced a novel frequency comb, a highly accurate measurement tool. This device exhibits distinctive characteristics such as its compact size, great energy efficiency, and remarkable accuracy. Through ongoing advancements, this revolutionary “microcomb,”  as outlined in a paper published in Nature, has the potential to serve as the foundation for widespread implementation of these devices in common electronic gadgets.

Frequency combs are laser devices designed to produce lines of light that are uniformly distributed, resembling the teeth of a comb or, more accurately, the tick marks on a ruler. Over the course of around 25 years, these “rulers for light” have brought about significant advancements in several fields of precise measurement, ranging from timekeeping to molecule detection through spectroscopy. However, due to the need for huge, expensive, and energy-intensive equipment, the usage of frequency combs has primarily been restricted to laboratory environments.

The researchers found a solution to these problems by combining two distinct methods for reducing the size of frequency combs onto a single, readily manufactured, microchip-style platform. The researchers anticipate a range of uses for their adaptable technology, including the development of sophisticated handheld medical diagnostic gadgets and the implementation of ubiquitous greenhouse gas monitoring sensors.

According to Hubert Stokowski, a postdoctoral scholar in the laboratory of Amir Safavi-Naeini and the primary author of the paper, the design of our frequency comb incorporates the most advantageous aspects of emerging microcomb technology within a single device. “Our new frequency microcomb has the potential to be scaled up for compact, low-power, and cost-effective devices that can be deployed in virtually any location.”

Safavi-Naeini, an associate professor in the Department of Applied Physics at Stanford’s School of Humanities and Sciences and senior author of the study, expressed great enthusiasm regarding the recently showcased microcomb technology. This technology has shown promise in developing innovative precision sensors that are compact and highly efficient, potentially suitable for integration into mobile devices in the future.

The process of manipulating light
An Integrated Frequency-Modulated Optical Parametric Oscillator, commonly referred to as FM-OPO, is a novel device.

The tool’s intricate nomenclature suggests that it integrates two methodologies for generating the spectrum of unique frequencies, or hues of light, that comprise a frequency comb. One approach, known as optical parametric oscillation, entails the reflection of laser light beams within a crystal medium, resulting in the formation of coherent and stable wave pulses. The second method uses laser light to enter a cavity, then modifies the phase of the light. This modulation is accomplished by applying radio-frequency signals to the device, resulting in the generation of frequency repetitions that function as light pulses.

The utilization of these two microcomb methods has been limited due to their inherent limitations. The aforementioned concerns encompass energy inefficiency, restricted capacity to modify optical parameters, and inferior comb “optical bandwidth” characterized by the gradual fading of comb-like lines as the distance from the comb’s center rises.

The researchers adopted a novel method to address the difficulty by focusing on a very promising optical circuit platform utilizing thin film lithium niobate as a material. The material possesses favorable characteristics in comparison to silicon, which is the prevailing material in the industry. Two advantageous characteristics of this material are its “nonlinearity,” which enables the interaction of light beams of different hues to produce new colors or wavelengths, and its ability to transmit a wide variety of light wavelengths.

The components of the new frequency comb were fabricated by the researchers through the utilization of integrated lithium niobate photonics. These technologies for controlling light are based on advancements made in the well-established field of silicon photonics, which focuses on the production of optical and electronic integrated circuits on silicon microchips. Both lithium niobate and silicon photonics have built upon the semiconductors used in traditional computer processors, which originated in the 1950s.

According to Safavi-Naeini, lithium niobate possesses distinct characteristics that are not present in silicon, rendering it indispensable for the fabrication of our microcomb device.

Remarkably exceptional performance
Subsequently, the researchers integrated components from optical parametric amplification and phase modulation methodologies. The researchers held specific performance expectations about the new frequency comb system on lithium niobate chips; nonetheless, the observed outcomes beyond their initial expectations.

In general, the comb generated a consistent output instead of brief pulses, allowing the researchers to decrease the necessary input power by roughly ten times. The device also produced a comb that was comfortably flat, indicating that the comb lines located further away from the center of the spectrum did not diminish in intensity. This characteristic enhances the accuracy and applicability of the device in many measurement applications.

Safavi-Naeini expressed astonishment at the comb’s unexpected nature. “Despite our initial intuition that we would observe comb-like behaviors, our intention was not to create a comb of this exact nature. It took us several months to create the simulations and theory that elucidated its primary characteristics.”

In order to get additional understanding of their surpassing device, the researchers sought the expertise of Martin Fejer, who holds the esteemed positions of J. G. Jackson and C. J. Wood Professor of Physics, as well as a professor of applied physics at Stanford University. Fejer, in collaboration with his colleagues at Stanford University, has made significant contributions to the advancement of contemporary thin film lithium niobate photonics technologies and the comprehension of the crystal characteristics of this material.

Fejer (year) established a significant correlation between the fundamental physical principles that underlie the microcomb and the concepts explored in scientific literature during the 1970s. This connection is particularly relevant to the ideas put forth by Stephen Harris, a retired professor of applied physics and electrical engineering at Stanford University.

With additional refinement, the novel microcombs may be easily produced at traditional microchip foundries and have numerous practical uses, including sensing, spectroscopy, medical diagnostics, fiber-optic communications, and wearable health-monitoring systems.

“Our microchip has the capability to be integrated into any device, and the overall size of the device is contingent upon the size of the battery,” stated Stokowski. “The technology we have showcased has the capability to be integrated into a compact personal device, comparable in size to a phone or even smaller, and can be utilized for various practical functions.”

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Engineering

Ukrainian officials view ground robots as a significant development in warfare

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Milan — The Ukrainian government is currently witnessing a rise in the number of applications submitted by robotics manufacturers seeking to assess the effectiveness of their combat systems. This trend indicates the growing significance of unmanned ground capabilities, particularly in light of the current deadlock on the front lines with Russia.

Brave1, a government defense-technology hub responsible for the development of field-ready capabilities, has recently announced the submission of over 50 ground robotic systems and more than 140 unmanned ground vehicles for evaluation.

In order to improve the Ukrainian army’s capabilities on the battlefield, Brave1 announced on March 12 that it would acquire a sizable number of unmanned ground vehicles (UGVs) through United24. These UGVs are expected to have a transformative impact on the ongoing conflict, similar to the existing role of drones. The Ukrainian government runs a website called United24 that seeks to raise money for the country’s ongoing internal conflicts.

Over the past year, there has been a notable rise in the proliferation of such platforms in military operations, with their utilization and evaluation expanding to encompass a broader range of objectives. Ukrainian social media platforms have lately disseminated video content purportedly showcasing an unmanned ground vehicle (UGV) with the capacity to deploy six anti-tank mines simultaneously.

The online images shared by Brave1 depict a diverse array of compact tracked and wheeled ground robots in motion, armed with firearms, engaged in the evacuation of injured dummies, and seemingly outfitted with technology designed for mine detection.

A prevailing pattern observed in Ukrainian unmanned robots is their tendency to be somewhat light and less weighty compared to their numerous counterparts available on the global market.

According to Nataliia Kushnerska, the project lead at Brave1, Ukraine gains a strategic advantage on the battlefield by employing advanced technological solutions that outperform their adversaries in terms of efficiency, innovation, and cost. These hardware and software products serve as asymmetric responses, capable of altering the configuration during confrontations against the formidable resources of the enemy. This information was conveyed in an email statement to Defense News.

“Ukraine has emerged as a prominent international center for defense technology, and the expansion of this industry will have a crucial impact on Ukrainian defense strategy for many years to come,” she stated.

A considerable quantity of weapons and explosives employed by Russian and Ukrainian military forces persist without detonation, presenting a potential hazard to both military personnel and non-combatants. As of April 2023, it is anticipated that almost 174,000 square kilometers of Ukraine were polluted with landmines.

The impetus to expedite the advancement of Unmanned Ground Vehicles (UGVs) stems from the want to deploy robots for the perilous task of extracting live munitions that remain on the battlefield.

 

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Industry and Service

There is confusion among some regarding the inclusion of “Jeff” on a list of nuclear superpowers

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Since the advent of nuclear weapons, we have resided in a world where a full-scale conflict has the potential to annihilate humanity on multiple occasions. Research has indicated that a mere 100 or around 100 bombs had the potential to trigger a global nuclear winter, resulting in the loss of up to 1 billion lives. As of 2023, our nuclear arsenal consists of approximately 12,500 weapons.

Maintaining a record of them is undeniably crucial. It is undesirable to find oneself in a situation similar to the United States, where six nuclear weapons are lost.

Currently, there are nine nations, namely Russia, the United States, China, the United Kingdom, France, Pakistan, Israel, North Korea, and India, that possess nuclear weapons. According to a previous graphic by CNN, which relies on statistics from the Federation of American Scientists, Jeff ranks as the eighth largest holder of nuclear weapons.

Although this phenomenon occasionally reemerges, there is no cause for concern regarding the potential instigation of nuclear arms by an individual named Jeff, who harbors dissatisfaction.

Jeff is not a real person. It is an acronym for the Joint Evaluated Fission and Fusion Project, which is a group of countries working together to make a library of nuclear material. It’s possible that Jeff got put on the chart by mistake, making it the tenth largest nuclear weapons owner in the world for a very short time… on a bar chart.

Sorry, everyone. Jeff does not have any nuclear weapons. No matter who plays him—Goldblum, Bezos, or Daniels—this is true. But if it makes you feel better, Pepsi may have owned a fleet of Soviet boats for a short time.

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