tldr; Nillion has developed a new technology called Nil Message Compute (NMC), which changes how data is stored, processed and decentralized. NMC takes arbitrary data, transforms and fragments it, and then distributes the resulting particles across a network of nodes. "Nodes can store the particles or run computations with the fragments of data without sending messages between themselves," Nillion CEO Alex Page said. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Looking for me? Here I am. >Nillion, an internet infrastructure platform based on cryptography, has developed a technology called Nil Message Compute (NMC), which changes how data is stored, processed and decentralized. This new technology could have important implications for how companies and users pursue decentralization as an ethos. >When asked how decentralization without blockchains was possible, Nillion CEO Alex Page explained how NMC-basedtechnology takes arbitrary data, transforms and fragments it, and then distributes the resulting particles across a network of nodes. >“The nodes can store the particles or run computations with the fragments of data without sending messages between themselves, and return the results to the desired end-point for reconstruction (without relying on trusted hardware)," Page explained to Cointelegraph. “Throughout the whole process, nodes are blind to whatever they are processing, yet are able to run computations at speeds that in many cases are significantly faster than its predecessor technology, \[multi-party computation, or MPC\].”
>NAMECOIN (NMC) - 18 April, 2011: Also, acts as an alternative, decentralized DNS. It’s currently ranked #615 by Marketcap and priced around $1. 05 with an all time high of $16.30 on November 28, 2013. It really surprises me that it's still at $1. Never heard of it until a few weeks ago in a 'historical' post.
In what way seriously? You know that EVs existed before Tesla right? That it was China that developed cheap EVs. That there is actually no conspiracy by western car OEMs they were just too expensive to sell. It's actually CHEAPER* and more profitable to make an EV than a ICE car. The problem has ALWAYS been battery costs. That there WAS actually a real conspiracy between LG, Panasonic, Samsung, etc to price fix costs to US OEMs. That on top of that there were NMC and LFP patent/commercialization costs that nobody wanted to pay for (or steal) except China. That Tesla survived this by having a ton of private and public money poured into it including from car OEMs, that it was never him against the the world but him against being profitable under western conditions. That it's valuation growth is no different than that of other Chinese EV players like CATL. That batteries costs were always expected to come down in costs. Some OEMs like Toyota did screw up but the vast majority the major gatekeeping was battery cost. There are other innovations you can give credit towards but all of them are nothing novel and simply don't work yet as advertised
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You don't understand how forex works. ALL currencies "hold value" compared to other currencies. I often have to check the exchange rate of Philippine pesos to usd. How much is USD worth in pesos? Here you tell me. https://www.google.com/search?q=usd+to+philippine+peso&sxsrf=ALiCzsbauZoyg5CzyFhZM5Ntrv5rzEEURQ%3A1656668212653&ei=NMC-YqChJ5y1qtsPmd-9oAs&oq=usd+to+&gs_lcp=Cgdnd3Mtd2l6EAMYADIJCAAQQxBGEIICMgsIABCABBCxAxCDATIKCAAQsQMQgwEQQzIKCAAQsQMQgwEQQzIKCAAQsQMQgwEQQzIECAAQQzILCAAQgAQQsQMQgwEyBAgAEEMyCggAELEDEIMBEAoyBwgAEMkDEEM6BAgjECc6BAguECc6EQguEIAEELEDEIMBEMcBEKMCSgQIQRgASgQIRhgAUABY3AZgixFoAHABeACAAYgBiAGtBpIBAzAuN5gBAKABAcABAQ&sclient=gws-wiz
He’s actually not wrong, in simple terms; ANYONE can just copy & paste Bitcoin’s code, but not all code is created equal, same with blockchains. But the problem of creating a new coin to kill an existing one won’t work because those *new projects* would need to overtake it’s competitors in network value (users, activity, updates). But if history is any indicator, those *coin* killers never usually overtake Bitcoin or Ethereum, and I doubt any of those new projects will ever takeover BTC and ETH. (ie BSV, LTC, NMC, Terra, ONE, SOL) [list of btc copy&paste projects, all failed, some barely surviving](https://www.coinlore.com/coins/sha256) and [list of eth competitors](https://coinmarketcap.com/view/smart-contracts/) *It’s similar to how there’s many companies similar to GOOG and AMZN, but they never walk pass those giants.* And is crypto a scam? There was never any ill intent when Satoshi or Vitalik created their coins, even the doge founders created their coin as a joke, but look at how that turned out But under the iceberg you got all these scams built on these smart contract platforms, which just slows down the overall growth of the project, just think of these shitcoins as parasites, only good thing about them is that they bring in new users to the project more than the actual project itself. (ie SFM, SHIB, and other safe/inu coins) But there’s definitely going to be a documentary 10-20 years from now about the scam coins and platforms, similar to what we had from the 90’s boiler rooms
From wiki under ISO 4217 > Recently, cryptocurrencies have unofficially used ISO-like codes on various cryptocurrency exchanges, for instance LTC for Litecoin, NMC for Namecoin and XRP for the XRP Ledger. SIX Interbank Clearing (a Maintenance Agency of ISO) is currently studying the effect and role of cryptocurrencies and other independent currencies on ISO 4217. You're wrong in your claim.that they "never will be adopted into the ISO code set" because if that were true this above statement wouldn't exist
Gen Y/ Early Z, i think the majority of CC holders will be most likely crypto was talked about whilst we wasted our teenage life on RuneScape/WoW/MW2/ or anonymously browsing 4chan and checking BTC/LTC/NMC(RIP) prices we was born into the volatility, molded by it💀
[Zero data backing it up](https://public.flourish.studio/visualisation/8229832/) and [more](https://coinmarketcap.com/historical/) zero historical data. Holding has made *plenty* people rich yes, how many you think lost money on countless coins/crypto projects? Also, you are the one spouting conjecture though? Cause you are the one obviously [cherry picking](https://en.wikipedia.org/wiki/Cherry_picking) ![gif](emote|emo_pack_1|dancing_wojak) Ask the people who held some MAID, BLK, ARK, XPM, FRC, NMC, OMNI, BTS, DASH, STEEM and some other shit few years ago.
How 1000 $ would have grown if you invested them in the top 10 cryptocurrencies on January 15, 2014: 1 Bitcoin (BTC) 4818% = 4918 $ 2 Litecoin (LTC) 492% = $ 592 3 Ripple (XRP) 4500% = $ 4600 4 Peercoin (PPC) -89% = $ 11 5 OMNI (OMNI) -97.5% = 2.5 $ 6 NXT (NXT Generation) -62% = 38 $ 7 NMC (Namecoin) -77% = 23 $ 8 QRK (Quark) -88% = 12 $ 9 DOGE (Dogecoin) 57042% = 57142 $ 10 PTS 0 $ Total $ 67338
> DNS censorship - both site blocking and domain name takedowns - is an increasing issue, spreading from file sharing sites to politically controversial sites (cancel culture) Don't forget TLS censorship, which is getting less attention but is also increasing (happened to Sci-Hub, at least one journalism website, and a geopolitical region). TLS interception also doesn't get much attention lately (it was in the news a lot some years ago, e.g. DigiNotar getting owned) but is a real problem. Namecoin solves both of these too. > On the user side, it requires the user to install a Namecoin .bit domain lookup in parallel with the operating system's DNS lookup. My talk at the Grayhat Monero Village did mention some development work that would allow Namecoin to run on a different machine to the web browser, i.e. you could install Namecoin on, say, a home server or a router or something, and securely use it to access .bit sites on, say, an iPhone, without installing any software on the iPhone (just change the DNS settings and install a TLS root CA, both of which are trivial to do because enterprise environments routinely do it). The software discussed in that talk is released now, though I don't think anyone's really documented how to do the split use case. > The last time I looked at this, it meant running a Namecoin node, not really a big deal because the Namecoin blockchain is tiny. I think there were plans to build a light client Yeah, the blockchain is tiny and syncs in less than an hour for me, even over Tor. But, we do have Electrum-NMC for people who want something lighter. > Adoption has been very slow. There are only a few dozen .bit domains which are actually active, and very few users doing lookups Last I looked, it's higher, but the majority of active .bit domains are on ZeroNet rather than standard HTTP/HTTPS. > This is inconvenient for the sites' users, always having to discover which alternate names are still working, but the inconvenience of learning how to use Namecoin seems to be a higher adoption barrier, for censored sites, and for their users Totally agree that UX needs improvement. > Tor is another takedown evasion technique. It's very popular to access the pirate bay over Tor, even though Tor addresses are user-unfriendly. I don't think piratebay has a .bit domain Tor onion services are more of a competitor to IP addresses than to Namecoin. Namecoin domains can point to onion services just fine (it's even included in Tor Browser Nightly right now).
> So namecoin is currently implemented and working in the field? Depends on how you define "in the field" I guess. Does circa 400 nontrivial active websites using it count as "working in the field"? That's the best estimate I was able to get last time I tried to do a census. (The census was not completed because more important dev work got dropped on my desk, so please don't quote me on that number -- but it's the best one I have.) So it's certainly less usage than, say, Tor onion services... but my humble opinion is that this counts as "working in the field". (We also routinely give talks at infosec conferences such as C3, which may or may not be worth something to you.) > I think OP meant that even after having a good idea and working product why would namecoins price not rise and atleast make a small profit for the investors? I gave up long ago at trying to predict how or why markets will behave (last time I traded any cryptocurrency was when I bought a bunch of cheap BTC an hour after the market crashed due to the DPR arrest back in 2013-ish... made a decent amount of money on that trade but decided I would quit while I was ahead, which I don't regret). If I had to guess though, I'd say a major part of it is simply lack of a marketing budget. We are programmers and cryptographers, not marketers, and we do not have deep pockets to spend on marketing efforts. So it takes some time for the markets to notice us, especially since most traders weren't around in 2011 when Namecoin was released, nor do they have the relevant distributed systems background to really understand why Namecoin is interesting (e.g. Zooko's Triangle). Also, let's be real, the UX of Namecoin is not where I want it to be yet. It's steadily improving (thanks to funding from e.g. NLnet, who also fund lots of other cool stuff like Tor), but there's plenty of room for improvement there, which might make the price go up. Anyway, there aren't a lot of Namecoin "investors" who care about the price. The people who hold a lot of NMC or names are from the Bitcoin community in 2011, when everyone was here for the tech, not to get rich. Hence why most of the people holding lots of names are happy to donate them, rather than squatting on them to make money. (This may be counterintuitive to people who weren't involved in cryptocurrency prior to get-rich-quick schemes becoming a major theme of cryptocurrency projects.)
They are moving to LFP (Lithium Iron Phosphate) over NMC (Nickel Manganese Cobalt) in some areas which is a good environmental move. Not just Tesla though this is a pretty global move by the OEMs for low range packs. Cobalt is the worst, very large amounts mined by children in the Congo. You’ll never really get away from Lithium being a major element in batteries, pretty limited by the chemistry. Same with carbon.
iirc Namecoin(NMC) seemed very promising early on in crypto, top 10 market cap for a bit, but it was shut down by people/organizations who profit from issue domain naming rights for websites, because NMC was trying to decentralize web addresses.
> What do you think Tesla Autopilot is? Certainly not anything approaching AI or AI development technology. >the giant battery factories. Yup. That's what battery factories look like. You should see the one where they make the cars. >their new battery designs? Tesla produces NCA batteries (not new, not exciting) jointly with panasonic, and buys NMC batteries in from china. They haven't designed anything of their own on that front.