Putting the Blockchain to Work For Science!
Buried beneath the myriad of indistinguishable pump-and-dump altcoins, every now and then a cryptocurrency is born that truly revolutionizes the field. While this doesn't necessarily obsolete Bitcoin-the protocol can be upgraded at any time-it's important to examine these new coins in order to keep up the pace of innovation. Take Gridcoin, for example.....
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To democratize science through decentralized science would allow for a new kind of interface layer for a modern Scientific Revolution. Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing the peer-to-peer review process, which....
In what is probably the institution’s broadest effort in the Bitcoin space to date, the American National Science Foundation (NSF) has awarded a three year grant worth US$3 million for research on the science and applications of cryptocurrency. The research project is led by Cornell University's Elaine Shi, and includes faculty members from Cornell, the University of Maryland, and UC Berkeley, hence combining crypto researchers with programming languages researchers and system builders. “Unfortunately, usage of crypto-currencies outstrips our understanding. […] This work aims to establish....
The Science DAO, a decentralized fundraising platform that offers pre-IPO investment options in breakthrough technologies and projects, debuted on May 5, 2022. The objective of the Science DAO is to use Web3 to help fund disruptive and game-changing discoveries and make cutting-edge technology more accessible to the general public than ever before! Being a decentralized […]
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting climate change. The science and tech department believes the Biden administration needs to take action against the industry and create mining standards and regulations. Following the report, Saylor published a letter addressed to journalists, investors, and regulators concerning the “sheer....
In a recent book “Blockchains in the Mainstream”, 33 of the world’s crypto entrepreneurs, investors and thinkers explore challenges and opportunities of Blockchain. The big question is no longer if Blockchain is a functional entity rather, when will Blockchain fully go mainstream. Jeremy Epstein, the author of the book and CEO of Never Stop Marketing, tells Cointelegraph: “Blockchain technology itself is a wonder and a thing of beauty.” He adds: “However, as a marketer, I am keenly aware that beautiful technology isn't going to get other people excited about adopting it. It will work for....