Tornado Cash Whirlwind: Fed Prohibits US Citizens From Using the Service

Tornado Cash Whirlwind: Fed Prohibits U.S. Citizens From Using the Service.

Cryptocurrency mixing service Tornado Cash has been blacklisted in the U.S. Now, this has created a whirlwind in the crypto community. It is essential to understand exactly what's happening here as it will have important implications for the industry. However, this is not the first time the U.S. government has imposed a ban on crypto-related companies.

Tornado Cash's blacklisting sparks outrage in the crypto community as the U.S. Treasury sanctions the Ethereum hybrid protocol. The developers working on Tornado Cash and the log itself have been removed from the popular code hosting site Github. Vitalik Buterin has publicly admitted that he used the protocol in good faith, and his supporters have condemned censorship as unconstitutional. At the same time, someone started sending illicit Ethereum from Tornado Cash to a range of celebrities, from Jimmy Fallon to Jake Paul.

Tornado Cash is a firm that allows customers to conceal the origin of their cryptocurrency transactions. The U.S. Treasury Department has banned all Americans from using the website because it played a crucial role in laundering billions of dollars worth of cryptocurrencies. It is one of the main tools hackers use, most notably the $625 million breach of Axie Infinity's Ronin network by North Korea's Lazarus Group in March.

Before I go further, let's dive into the ecosystem of Tornado Cash to understand what the network is about and its functionalities.

Image source: Moralis Academy

What is Tornado Cash?

The blockchain transactions of Ethereum and Bitcoin, the two largest cryptocurrencies in the world today, are fully public and visible. Thanks to this high level of transparency, almost anyone can use their public address to track users' spending behavior. If they wish to disclose their transaction history, they only need user data for a single transaction that occurred.

Of course, the anonymous nature of public addresses doesn't necessarily mean they know users' personal information. Still, this leaves a lot to be desired for more privacy-conscious crypto users. Various privacy-conscious solutions and protocols have been developed to address the "problem" of transparent pseudonyms, but arguably none have been more successful than transaction mixers.

Transaction mixers essentially pool the funds of multiple users with their transactions: before each transaction reaches its intended destination, it is "shuffled." Once this shuffling process happens, it's complicated for anyone to track whose money went where and how much.

In practical use of transaction mixers, the developed protocol increases transaction anonymity by sending numerous random transactions across multiple addresses. However, these transactions can still be tracked in the public ledger, so this is not an entirely successful solution.

Tornado Cash aims to solve the privacy issues of transparent blockchains through private transactions. A fully decentralized, custody-free protocol increases transaction privacy by breaking the chain connection between sender and receiver addresses. To improve privacy, Tornado Cash uses smart contracts to accept ETH and other tokens from one address and allow them to be withdrawn at another.

These smart contracts work as a package, mixing all the deposited funds and generating a private key to prove that you have completed the deposit process. The sender can then use this private key to withdraw the deposited funds to any address at their chosen time. Tornado Cash has grown in popularity due to the rise of cryptocurrency events. It has also become a place to store stolen funds and a haven for many hackers.

Feds Blacklist Tornado Cash

The U.S. Treasury has added Ethereum mixing service to its list of Specially Designated Nationals. In a Press Release published by the U.S. Department of the Treasury, the body added the Tornado Cash website and a long list of Ethereum addresses to its list of Specially Designated Nationals and banned U.S. citizens from using the tool or doing business with the firm.

The announcement added that the state-backed North Korean hacking group Lazarus Group used Tornado Cash to launder more than $96 million after it hacked Harmony Bridge in June. It also said criminals used Tornado Cash to launder money, with $7.8 million stolen in the Nomad Bridge hack.

The Treasury Department's announcement lists some Ethereum addresses related to the Tornado Cash community, including addresses where people can donate money. According to Nansen researcher Andrew Thurman, the list of blocked addresses includes addresses that received funds from Gitcoin, an Ethereum-based platform used to fund open-source projects.

The Treasury Department said the measure was taken because criminals used Tornado Cash to launder money. In April, Tornado Cash said it used a tool from blockchain tracking firm Chainalysis to block U.S. government-approved addresses from using privacy apps. This is not good enough for the U.S. authorities. Brian E. Nelson, Treasury Undersecretary for Terrorism and Financial Intelligence, added:

"Despite public assurances otherwise, Tornado Cash has repeatedly failed to impose effective controls designed to stop it from laundering funds for malicious cyber actors on a regular basis and without basic measures to address its risks."

Ethereum is the network behind the second-largest cryptocurrency by market capitalization, with thousands of tokens running on its blockchain. The native token ETH is trading at just under $1,897 and has a market cap of over $219 billion at the time of this writing.

As a result of this ban, all U.S. individuals and entities are prohibited from interacting with Tornado Cash or any Ethereum wallet addresses associated with the protocol. Anyone who does so faces criminal penalties.

Tornado Cash announced in July that it had fully open-sourced its user interface code as part of its goal of complete decentralization and transparency. Mixer's website includes a compliance tool that allows users to view the source of each transaction.

Image source: Coindesk

Sanctions may not prevent the operation of Tornado Cash itself. Co-founder Roman Semenov explained that the privacy service is designed to work without central control. When he and his team write and release code, the Decentralized Autonomous Organization (DAO) must approve any changes.

He told CoinDesk:

"If the DAO doesn't like what we are doing, then we will be forced to change our approach, and we cannot do it in a way that would satisfy the DAO's demands or expectations… The DAO has no way of forcing us to make those changes because our code base runs on a decentralized network where we don't have to talk to anyone else or ask for permission."

Is the U.S. Government in a Crypto War?

Given the ensuing avalanche of blacklists, does that mean Tornado Cash will only be used by criminals to launder money? Due to the transparency inherent in the blockchain, Tornado Cash offers many other less "illegal" use cases that are common when using traditional fiat currencies.

Recently, defenders of Tornado Cash have launched their offensive against the decision in various ways. First, they drew attention to a glaring logical flaw in the decision: anyone interacting with the Tornado Cash contract was illegal. Individual users cannot reject incoming transactions. Small amounts of cryptocurrency have been sent to well-known public wallet addresses – including those associated with Jimmy Fallon and Shaquille O'Neal – a concern that challenges the Treasury to take action to seize the entire Community.

Congress is deliberating a measure that permits the U.S. Treasury broad authority to prohibit or freeze certain digital assets, particularly if they relate to foreign banking institutions, transactions or if one or more types of accounts are of primary money laundering concern.

But the decision has drawn backlash from many in the crypto community, who see it as a government offense that runs counter to its core values ​​of privacy and autonomy. Crypto attorney Collins Belton tweeted:

"arguably the most significant legal action that has occurred in crypto" and warned that it could produce "absolutely gargantuan ripple effects."

However, this action also suggests that OFAC sanctions, which are intended to more broadly push the introduction of cryptocurrencies into the world's financial system as a way to make payments without going through a trusted third-party financial institution should ultimately bypass it.

A bigger fight may be on the horizon: some prominent crypto lawyers have already begun to float the idea of ​​challenging the decision on constitutional grounds. "Banning software publication is banning speech," said Peter Van Valkenburgh, director of research at Coin Center, at a cryptocurrency conference in Las Vegas.

He also said:

"Even laws that unreasonably chill speech are constitutionally suspect and can be challenged even before enforcement."

The sanctions were particularly notable because they were placed not on a person or particular digital wallet address but on the use of a smart contract protocol, which in the most basic form is just information. The precedent set by these actions is not favorable for open source software development in the sector.

Bottom Line

The Feds’ actions shocked the crypto community just as it was starting to relax and enjoy a summer rally led by Ethereum and the promise of its coming upgrade, The Merge.

The news that the U.S. Treasury Department has banned all Americans from using Tornado Cash crypto-mixing service or any Ethereum wallet addresses tied to the protocol after North Korean hackers allegedly used it to launder stolen crypto funds has once again heightened doubts on the stability of the whole sector.

This news highlights the cryptocurrency market's fragility and the regulators' ability to crack down on service providers for various reasons, particularly national security. While general market conditions appear to be slightly improving, despite contrasting economic data, this news casts a shadow over the cryptocurrency market. It may discourage further investments from people fearing their coin may be the next one to be targeted.

 

 

 

About: Prince Chinwendu. (Nigeria) Rapid and sustainable human growth is my passion, and getting a life-changing opportunity into the hands of people is my calling. Empowering entrepreneurs provides me with enormous gratification. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

How To Cope With Anxiety

How To Cope With Anxiety

Over the last two years or more, most of us have been living under tremendous psychological pressure. First of all, the threat of the covid epidemic, which was joined this year by the conflict in Ukraine, the threat of food and energy shortages, and high inflation.

It is not surprising that few people remain calm in this situation, although our psychological disposition to lose balance varies.

However, the principles of how to maintain psychological balance remain the same even in this extremely difficult time as in times of relative calm and peace. A generalized expectation of danger occurs during the stressful condition known as anxiety. The anxious person experiences a state of heightened tension.

Many of us ask the following questions: Will inflation break my budget?

Consumer prices rose higher globally in 2021 than at any time since 1982. For those who have fixed incomes or those who are retired, it can mean hard choices like delaying medical care or eating unhealthily.

The global pandemic caused massive disruption in the workplace and across most industries, so it’s not surprising to find that for many people, it is contributing to financial anxiety.

Experts agree that we do have some power to control the things that are making us anxious when it comes to our money, and that usually means finding a way to earn more of it or spend less. 

When a person evaluates the situation as hopeless, he gives up the activity. This is what manipulators use.

Right now, we live in uncertain times. We don’t know what tomorrow shall bring. The experience Covid-19 has brought made our daily routines completely different from what they are usually supposed to be. Many people began to suffer from death anxiety, and now comes to it the anxiety of lack of money because of the energy crisis.

Financial experts say the most important thing is to understand where your money is going. That means making a budget so you can look more carefully at where you could cut back. If your financial anxiety is rising, then getting control over some costs can be a significant factor in paring it back. 

Will I be able to cover my medical expenses?

Especially in the US, as they age, most Americans worry about covering medical expenses. The survey found they’re the number two factor for financial anxiety for Americans 55 and over. COVID-19 also made many people pause decisions about moving into assisted living centers and retirement communities.

Unlike Australia, the U.S. does not have universal healthcare. Private health insurance costs hundreds of dollars a month, and medical debt is one of the leading causes of bankruptcy in the U.S.

Though the situation with health insurance is different in other parts of the world, the financial problems are generally similar everywhere.

Maintain your mental balance

For many people, life involves an element of anxiety. This is perfectly normal, and in some cases, it is also helpful. When we worry over the current circumstances in our life, things such as finances, work, and family, the worry can lead to well-thought-out decisions and carefully made plans.

When worry becomes overwhelming for our psyche and emotions, it can quickly become debilitating and negative. If you have been experiencing worry in an uncontrollable and excessive way for an extended period of time, there is a good chance that the worry has transformed into anxiety. 

Here are some methods which you can use to avoid the anxious mind setting:

#1. Write About It

You can use this method to ease the stress of negative thoughts and feelings when you have something on your mind but aren’t sure how to let it go. It can help to write about the situation or event causing the anxiety to help you process your thoughts and feelings so that you can work through them. From a scientific perspective, writing activates the right side of your brain, which is the side that processes emotions, letting you understand the situation from a new perspective.

#2. Concentrate on Your Breathing

The task is to slow down your heart rate, which is often the physical accompaniment to anxiety. To start out, try breathing in for four beats and out for four beats. Five minutes of this should even out your breathing and calm the heart. 

#3. Question Your Thoughts 

You can easily forget or simply not notice when your thinking has become negative. By watching and questioning your thoughts, you have a chance to reverse a negative train of thought. It is not always easy; some things just seem fundamentally negative. 

#4. Exercise

Physical activity works as both a long and short-term solution to anxiety. Bringing your body’s activities in line with the activity of your mind will help you balance. From there, you can begin calming your body and mind together and enjoy the endorphin rush that exercise brings.

#5. Aromatherapy

Certain aromas have calming and soothing properties, which create a sense of tranquility when they are in the air. There are many new humidifiers and scented candles available to help you set a relaxing and soothing mood within your house, office, or wherever you are staying. Lavender, Chamomile, and Sandalwood are just a few good options.

More possibilities to fight anxiety

We are living through a historically stressful time, with chronic stress from unrelenting issues. Nowadays, it is still more important to focus on taking care of yourself first by eating a balanced diet, spending time outdoors, and talking with others with similar concerns.

There are more methods that are more time demanding – such as meditation which takes time to master, but it can be a helpful tool for managing anxiety.

Root chakra healing – Let go of fear 

 

 

Other relaxation – Let go of fear techniques may be activities such as yoga or tai chi which are also helpful for promoting relaxation and helping reduce anxiety and stress.

Great and uncomplicated help represent some herbs. Here are a few main ones you can use to maintain your mental health.

Indian ginseng induces calm and harmony

Ashwagandha (withania somnifera) is an evergreen shrub that grows in India, the Middle East, and parts of Africa. It has a long history of use in traditional medicine.

Ashwagandha, or Indian ginseng, is one of the most popular Ayurvedic herbs. It is used to treat bronchitis and asthma, while it also works reliably for rheumatism, psoriasis, or insomnia. This miracle drug also has sedative properties, so it calms the mind and helps the body to better adapt to stress.

Dandelion   

A drink prepared from dandelion (taraxacum) has a positive effect on mental mood and induces a good mood. At the same time, it normalizes the blood pressure level and detoxifies the organism.

A drink prepared from dandelion has a positive effect on mental mood and induces a good mood. At the same time, it normalizes the blood pressure level and detoxifies the organism.

Passionflower     

Passionflower (passiflora) as a safe bet  (an evergreen climbing plant of warm regions, which bears distinctive flowers with parts that supposedly resemble instruments of the Crucifixion)

A climbing plant from the passion family is an indispensable helper for all forms of mental exhaustion. Experts are so enthusiastic about its capabilities that they even compare it to pharmaceutical anti-anxiety drugs in terms of effectiveness. However, unlike them, this treasure does not have any unwanted side effects or the risk of addiction, which is why they recommend it so warmly.

Be mindful of your media consumption

You may want to avoid or decrease the amount of time you spend on news and social media, particularly before bed, and refine your information sources to outlets that offer straightforward facts.

No matter how relentlessly bleak the headlines may become, the ability to recognize what we can change and what we have to adapt to can help to limit our stress response.

Czech psychiatrist Karel Nešpor – Fight against anxiety with a laugh

In this short video above, a famous Czech doctor shows how to combat unpleasant anxious feelings by inducing laughter. It may seem crazy to you, but check him out. He looks like a little Buddha.

“Courage is resistance to fear, mastery of fear, not absence of fear.” 

                                                        – Mark Twain.

 

 

Sources:

 

 

 
 

 

About: Markéta Hálová. (Czech Republic) A crypto enthusiast, keen online marketer and passion for photography. I love interacting with the community of Entrepreneurs at Markethive. I believe in free speech, liberty, sovereignty for all. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

 

 

 

 

The Birth Certificate – A Spider’s Web of Deceit and Enslavement?

The Birth Certificate – A Spider’s Web of Deceit and Enslavement?

Was Slavery Ever Abolished?

In 2020 I found myself asking the question, ‘was slavery ever really abolished?’. This question came off the back of observing how seemingly overnight, the UK went from a country where we could question things to one where we could not. The feeling was stark, tangible, and sudden as if being coerced into a mental prison. 

It led to a deeper research process in search of the truth as to what was going on. For me, the so-called pandemic represented the middle pieces of a jigsaw puzzle without the edge pieces as a frame of reference. I concluded that even though slavery was supposed to have been abolished during the presidency of Abraham Lincoln (1861 – 1865 ), the opposite was true. While people were not going around in shackles and chains as depicted in the film Roots based on Alex Haley’s book, the marks were like electricity, unseen but tangible through its effects.

This article cannot do justice to an in-depth matter but focuses on the background that led to the creation of the birth certificate and why this is a core aspect of enslavement. It also suggests that the current global event needs to be scrutinized in a different context to that of a health pandemic alone. I provide you with key references for you to further your understanding and verify what is true.

Hiding In Plain Sight

The first discovery left me feeling embarrassed to be candid. I was looking at a £10 note one day while deep in reflection and decided to do an eye test with the small print.

Image source: Public Domain Pictures

Under the Bank of England title, you can see the words ‘I promise to pay the bearer on demand the sum of ten pounds’  [or five pounds, or twenty pounds]. I then asked myself, ‘I wonder what would happen if I took this to the bank and demanded the sum of ten pounds?’.

That's when it hit me afresh for the first time that I was holding fake money, an IOU note, a promissory, or a debt note. I knew about the gold confiscation back in 1933 and that our money had no real backing, yet some part of me still saw it as money because it was being used by everyone to pay for everyday stuff.

I was effectively operating in a debt system with fake money, and the proof was etched on the note hiding in plain sight. I had not truly seen it for what it was until this moment. But it went deeper than this.

I will return to the connection of the birth certificate, but if you take a close look at your birth certificate, it will have words to the effect that what you have in your hand is a ‘certified copy’ of an original entry from the Register Book of Births and with reference to the Registration Act [ 1836 – 1947 here in the UK ].

The First Big Reveal

I was aware that the private banks would print money out of thin air and into circulation. However, the empirical study and conclusion by economics professor Richard Werner took it much further. He demonstrated that banks don’t lend money and don’t take deposits, contrary to what we are told.

So if they don’t do that, what do they do? His answer – they are in the business of trading securities, and you and I are effectively that security through the productive energy of our lifelong work. You can read his abstract here.

He concludes that by sleight of hand and double bookkeeping entry, they turn you, the true creditor, into the debtor. We, the people, effectively become their collateral. I had to watch the video explanation several times to start to grasp what he was revealing. It felt like a corner piece of a jigsaw. It smelt like fraud! You can download Modern Money Mechanics, which expands on the nature of deposits, entries, and securities.

The Second Big Reveal

The second big reveal, which is related, comes in two parts and concerns all world governments, those officials that we supposedly elect to serve us in public service. They are not service entities, as we are led to believe. All governments and countries are registered corporations, which means their primary aim is to make profits. 

Furthermore, they are also bankrupt corporations and have been so for a very long time. Most if not all countries are operating in bankruptcy. For example, the USA was declared bankrupt in 1933 during Roosevelt’s presidency, and it is on record by executive orders 6073, 6102, and 6111, also confirmed in the United States Congressional Record, March 17, 1933.

You can do a search through Dun and Bradstreet and through an EDGAR search of the SEC website. The banking cartel are the creditors through the United Nations, World Bank, and IMF. The bankruptcy is rolled over every 70 years approximately.

The removal of the gold standard as backing for money is another layer of evidence of that bankruptcy and that the USA exists in theory only. I wonder what they did with all that gold? The United Kingdom was confirmed as bankrupt in 1799 through a freedom of information request to the debt management office.

Law enforcement agencies such as the courts and the police are also corporations. Add the Federal Reserve and the IRS to the list of corporations too. The IRS is based in Puerto Rico and admits that taxes are not compulsory in law, as we have been led to believe. These are recorded facts, not pure conjecture or conspiracy theories. Please look it up.

Let the implications of this sink in for a moment. We are being ruled by unelected officials who are not serving us but are bankrupt corporations, actors masquerading as a government, and passing laws by decree. We are unwittingly funding bankrupt corporations and their unlawful activities! They have no jurisdiction over us whatsoever, and yet we are operating within their system.

As an entrepreneur, you know that you cannot demand money from someone who is not in a business contract with you. That would be extortion. If you are bankrupt, you cannot carry out commercial activity under that business name?

So how is it that a corporation can make laws and demand money from you when they are bankrupt? How can they decree wars? How can they do this when they have no money and no jurisdiction over you whatsoever when you are not in a commercial contract with them? Unfortunately, you and I are unknowingly in a contract with them, and they borrow ‘the money’ into existence through our labor.

The Spider's Web

Like a spider’s web, the threads of enslavement by false contract were sown a long time ago. Here I want to point to two milestones in history in which the birth certificate plays a significant part. 

The First Milestone

Colonel Edward Mandell House, the advisor to President Woodrow Wilson, spoke in a private meeting about the plan to enslave all Americans (1913-1921). Here is an excerpt:

‘..soon every American will be required to register their biological property in a national system designed to keep track of the people, and that will operate under the ancient system of pledging. By such methodology, we can compel people to submit to our agenda, which will affect our security as a chargeback for our fiat paper currency…

…they will be stripped of their rights and given a commercial value designed to make us a profit, and they will be none the wiser for not one man in a million could ever figure our plans; and if by accident one or two would figure it out, we have in our arsenal plausible deniability…

..This will inevitably reap to us huge profits beyond our wildest expectations and leave every American a contributor to this fraud, which we will call “social insurance”….and we will employ the high office of the President of our dummy corporation [“the UNITED STATES” to foment this plot against America.”

The birth certificate is the biological property referred to above. The registrations came into force in the UK in 1836. The date may vary where you live. What happens essentially is that when your birth is registered, your name is used to set up a dummy corporation using your national insurance number or equivalent. That entity becomes a security traded on the stock markets. I was able to check mine out and verify this in the UK with reference to the instruction on this video by Observation Deck using sort codes and IBAN checker.

It is the corporatization of your birth certificate which removes the rights of you as a private living soul, with unalienable rights and creditor to your ‘estate.’ It changes your status to one of being in the public domain as a debtor with possession use only and no legal rights. 

Image Source: Freedom River

In essence, anything you register, such as a passport or driving license, is effectively giving power of attorney to the state. All bills are addressed to the corporate version of you. Three key corporations seem to be implicated in the social engineering that is playing out – namely the City of London, Washington, and The Vatican.

The Second Milestone

As you can see, this plan has been over one hundred years in the making, and I suspect it goes back much further. The groundwork for the birth certificate registrations was laid further back in time. Let’s look at the Vatican.

The Papal Bulls

Image Source: Papal Bulls Free Image

Unam Sanctum Trust AD 1302

An express trust deed which declares that every living soul is to be registered as property to the Vatican.

Romanus Pontifex Trust AD 1455

The first crown, via the C’est Que Vie Trust – All land is claimed as Crown Land.

Aeterni Regus AD 1481

The second crown, via the C’est Que Vie Trust, when a child is born, the birth certificate is sold as a bond to the central bank; hence you are now in servitude.

Convocation AD 1537

The third crown, via the C’est Que Vie Trust, comes into force with reference to a child’s baptism. This means no legal title over your soul; you are deemed as cargo lost at sea, a lost soul which they claim, under the Maritime Law. The Cest Que Vie Trust was revised in 1666.

Image Source: Freedom River

The Vatican appears to be highly complicit in the ownership of you and all your possessions. Who would have thought they would feature heavily in this crime and fraud? I suspect this goes back even further in time. The old testament is littered with the ongoing theme of ‘set my people free.’ So these two further milestones strongly point to enslavement as an ongoing theme.

Why has this gone unopposed in the main for so long? Some aspect of this lies in the fact that most of us reading this were born into a society where debt is the norm and have become conditioned by this. Normal does not make it right, though. The other important factor lies in how the web of lies is spun. History has been hidden from us for so long where the truth is concerned. Like a spider’s web, the initial moves are imperceptible and sugar-coated with benefits and some truth to hook people in. 

The subtle use and change of language to deceive by broadening the scope of what it means, is a key strategy used, particularly in law. When you think of LAW, there appear to be three layers – Common Law (land), Equity Law (air), and Maritime Law (sea, commerce). We are operating under maritime law, not common law, as was the original underpinning of the constitution. Bear in mind that though the focus is on America here, it applies worldwide.

So we have been unwittingly ensnared and are complicit in the fraud by ignorance. The establishment relies on status, power, and your ignorance to get your buy-in. Once they have that locked in, they use fear and coercion to keep you there.

The Good News

The good news is that all contracts obtained by deception are null and void. The challenging aspect of this is the redress, and it is not something that can be avoided if the corruption is to be corrected. There are two choices as I perceive it. Do nothing and become knowingly complicit in the fraud or apply redress.

Remedy

The practical remedies seem to range from removal of consent, to contract to application of equity courts using private law, rather than a simple verbal declaration of non-consent. There are educational videos on youtube, paid educational courses, and advocacy services around the globe. Here are a few.

In Australia, there is Solutions Empowerment; in the USA, there is You Are Law; in the UK, The Peoples’ Lawyer. Look up your resources according to your country. A warrior calls was the start of my journey. There are many resources for help and many individuals who have applied redress successfully. One of my colleagues is successfully redressing his credit and his mortgage claim in the UK via an advocacy service. Others have struggled.

What you choose to do will depend on a number of factors. However, since all change starts with perception, and ours was framed by the deception of language, redress needs to start with perception of what is true.

So it is important to do the following:

1) Use the key reference points here and beyond to conduct due diligence and verify the matter for yourself.
2) Connect with like-minded people and learn to overcome fear because fear is like oxygen to the establishment.
3) Educate yourself on the various remedies and their format, whether it be DIY or advocacy based.
4) Apply with assistance or on your own, depending on your needs.
5) Put new structures in place that make the old obsolete.                                                                                   

What has been relayed here has huge ramifications if you decide it is true. I, for one, do not consider it an option to do nothing and am applying the above steps. The inner work is essential first. If you need to get a better grasp of the issues highlighted here, I recommend three resources.

Freedom River gives a diagrammatic overview of the key themes, and expands on them through various resources. The next one is more of a booklet than a book, Meet Your Strawman and Whatever You Need to Know, gives a simple overview and insight into the key issues in layman's terms.

Fruits from A Poisonous Tree by Melvin Stamper in 2008 is a book by a former marine who gives a more in-depth and comprehensive exposition with his remedy, case law, and constitutional law references. His intensive research and investigation led to the discovery of mass fraud by government edict, and his conscience would not allow him to remain quiet and do nothing.

What you do with this information is in your hands. You are not an enemy of the state as deemed by a certain global cult. Now more than ever, we need to let the light of our divine creation shine through and dispel the darkness and corrupt structures that govern our world. You are a living soul. Make true freedom your objective in all you be and do. Our planet depends on this.

 

 

About: Anita Narayan. (United Kingdom) My life's work is about helping individuals to greater freedom through joy and purpose without self-sabotage, so that inspirational legacy can serve generations to come. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

Ethereum 20 and the Merge: What You Need to Know About the Transition

Ethereum 2.0 and the Merge: What You Need to Know About the Transition.

The Ethereum Merge has been one of the hottest topics in the cryptocurrency community lately. In this article, you will get to know about it and when Ethereum 2.0 will appear. Ethereum, the most popular altcoin and second most traded cryptocurrency, is planning a major software update that could affect your crypto investments.

After years of being the #1 smart contract blockchain, Ethereum is transitioning to a less energy-intensive technology. You may have heard of the planned update for Ethereum 2.0 or Eth 2.0, but the Ethereum Foundation is now calling it the Ethereum merger.

The move is expected to reduce Ethereum's power consumption by 99% while reducing the net issuance of the asset. Many expect the issuance of ETH to be a net negative, earning it the nickname "ultrasound currency."

The following focuses on the details of the merger, some brief technical details, and a timeline, and debunks some of the most common misconceptions.

What is The Merge?

As mentioned above, "The Merge" describes Ethereum's transition from a proof-of-work consensus algorithm to a proof-of-stake algorithm.

Ethereum gives a precise definition of the term here:

"The Merge represents the joining of the existing execution layer of Ethereum (the mainnet we use today) with its new proof-of-stake consensus layer – the Beacon Chain."

 

Source: Ethereum.org

This is to handle the energy-intensive mining process while securing the network with staked ETH. The move aims to ensure greater security, sustainability, and scalability for the Ethereum network.

Let's dig deeper into the technical aspects for greater clarity and understanding.

Beacon Chain: ETH 2.0 Processing Engine

The Beacon Chain is the important feature of the Ethereum 2.0 architecture. It exists and operates in parallel as an independent blockchain of the Ethereum network. It does not process transactions on the main network but achieves consensus on its own. This is done by agreeing on active checkers and their account balances.

Unlike the Ethereum network, which still operates through proof-of-work, the signal chain is powered by a consensus algorithm. It was developed on December 1, 2020.

In short, the Beacon Chain has so far served as the de facto testnet for Ethereum 2.0, but all of this will change with the merger.

As shown in the diagram above, the merger represents the moment when two systems (Ethereum mainnet currently running on PoW and the beacon chain running on PoS) come together. This merge will replace the PoW consensus algorithm with Proof-of-Stake (PoS).

This holds up some substantial implications for the network, but the crucial considerations include:

  • No history will be lost
  • Funds are safe
  • No more mining of ETH

When Will the Merge Happen?

It's worth noting that Ethereum 2.0 has been in development for years, and the exact date of the "merger" always looks like something might happen in the not-too-distant future.

All of the delays ended on July 14, 2022, when a member of the Ethereum Foundation shared a timeline showing what came to be known as a "soft" timetable for the merger.

The Superphiz timeline shared on Twitter includes a specific client release date and the so-called The Merge date. Despite the date, Superphiz also stated that "this merger timeline is not final," The developer stressed that people should "consider it as a planning timeline, and keep an eye out for any official announcements. The call, titled "PoS Implementers' Conference Call" Document #91 – 2022-07-14" states that the "proposed" timeline for discussion is as follows:

  • Goerli/Prater client releases 27th or 28th of July.
  • Announce 28th/29th.
  • Prater Bellatrix on the 8th of August
  • Goerli Merge on the 11th.
  • ACD 18th August plan mainnet Merge:
  • Bellatrix early September;
  • Merge two weeks later (week of Sept 19th).

As shown above, the merger is scheduled to take place on September 19, 2022, barring unforeseen events, including "the Goerli merger won't blow up." That date is not set in stone, though; delays may occur if complications arise.

Get Ready for The Merge?

This is one of the most significant events in the entire history of the cryptocurrency industry, so many bad actors will likely try to take advantage of it and scam innocent people.

Hence, it is essential to know that ETH users and holders do not need to do anything with their funds or wallets before merging.

The entire history of Ethereum – dating back to its creation, will remain unchanged and intact after the transition to PoS. Even after the merger, all funds in the wallet will still be accessible, and there is no need to upgrade on behalf of users and holders. 

Moreover, as part of the preparation for regular traders, it’s imperative to know that you are not expected to take any action for the upgrade. Beware of scammers who would want to rip you off your coins.

Ethereum Network After the Merge

One of the major promises of Ethereum 2.0 is that of scalability, and Vitalik Buterin claimed that the network would be able to process 100,000 transactions per second. However, The Merge is just the first stage of five from the protocol’s incoming development. These phases will see ETH 2.0 evolve into a full-fledged platform capable of handling millions of daily users.

It means there will be many more potential uses for the cryptocurrency than just smart contracts, like an app store or even gambling sites. If the Ethereum developers want ETH 2.0 to become one of the significant blockchains used worldwide, they need to ensure that the tech is scalable enough to handle all the projects on their roadmap.

The five developmental stages are as follows:

The Merge
This is the proof-of-work to proof-of-stake conversion discussed hereafter, merging Ethereum's current mainnet with the beacon chain.

The Surge
At this stage, this is what sharding brings to the protocol. A scaling solution divides the network into separate partitions called "shards" to spread workloads across the main network.

The Verge
This phase refers to the introduction of the so-called "Verkle tree." It includes an upgrade to Merkle Proofs designed to optimize data storage for Ethereum nodes.

The Purge 
Also, this upgrade affects validator data storage and reduces the disk space required by validators, optimizing network congestion.

The Splurge
This is the last upgrade in the pipeline and is intended to provide various progress updates to ensure the network's overall smooth operation.

Misconceptions About the ETH 2.0

As with all highly anticipated major events, the cryptocurrency community has had many common misconceptions floating around for some time now. Below are five of the most common.

It needs to stake 32 ETH to run a node
There are two kinds of nodes on the Ethereum network – the ones that can propose blocks and those that cannot. Those not required to commit ETH do not propose blocks, but they are also an integral part of network security, as they hold all block proposers accountable.

Gas fees will be reduced after the merger
The merger will change the general consensus algorithm and will not increase network capacity – and, therefore, will not result in lower gas tariffs. However, scaling solutions are being developed to do this, most of which are layer 2.

Transaction speed will be greatly improved
Transaction speeds on the merged mainnet will remain relatively unchanged, albeit with some minor changes.

Consolidation will cause downtime for the entire network
Merge upgrades are designed to avoid downtime. The network should always behave as expected except for minor issues, which are usual with software installation.

All staked ETH will be withdrawn after the transition
Validators leaving the network are rate limited. This is for security reasons. There is a limit to allow withdrawals of around 43,200 ETH per day. As of this writing, more than 13 million ETH has been staked in ETH 2.0.

Summary 

All in all, The Merge is undoubtedly one of the most important moments in the history of cryptocurrencies, as one of the greatest protocols is about to undergo a huge change. Now that the timetable is in place, all of this has been tightened considerably, albeit "softly." However, there are still many details we don't know yet, and no doubt they will be revealed in due course, so it's best not to get too excited or nervous yet.

 

 

 

About: Prince Chinwendu. (Nigeria) Rapid and sustainable human growth is my passion, and getting a life-changing opportunity into the hands of people is my calling. Empowering entrepreneurs provides me with enormous gratification. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

MARKETHIVE THRIVES – Announcements Forthcoming

MARKETHIVE THRIVES – Announcements Forthcoming

Markethive will soon make history with the impending wallet release and the cessation of the Entrepreneur One (E1) upgrade subscription to new members. The current E1s will continue as usual and receive one-tenth or 0.1 ILP every year when completing 12 consecutive monthly payments per year. 

Acquiring the ILP entitles you to 20% of Markethive’s net revenue per month. You are considered an early adopter and shareholder in the company, which is the first of its kind to integrate blockchain technology and cryptocurrency micropayments, thereby creating an ecosystem for the entrepreneur.  

In other words, Markethive is not just a social media site where people gather. It’s not just an inbound marketing or broadcasting platform where the marketer or creative pays for its services. Blockchain and cryptocurrency have enabled Markethive to offer its users many opportunities to create an income, the most lucrative being the ILP. 

By upgrading to Entrepreneur One, not only are you supporting and assisting in building the monolithic project of a Web 3 Social Market Media, you are essentially the venture capitalists. You are the organic element in Markethive, the Ecosystem for Entrepreneurs, and creating a legacy financially for yourself and your loved ones. 

As an incentive and because the Entrepreneur One upgrade will end soon, all who upgrade and maintain their monthly subscription for 12 months this year will receive a half or 0.5 ILP. 

The Premium Upgrade will also launch once the wallet is released, with many benefits for Markethive members. It increases your earning potential and allows you to monetize the initiatives Markethive has implemented. Click here to preview the features of the Premium Upgrade.

Watch this video of Thomas Prendergast, the CEO of Markethive, explaining in depth the benefits of the E1 upgrade and the opportunity of the ILP as he crunches the numbers. Markethive is a Divine Vision of our Lord, Jesus Christ, and Tom’s mission to bring it to ‘we the people” so that we may enjoy financial sovereignty, freedom of speech, liberty, and peace of mind in this uncertain world. 

The Entrepreneur One ILP special offer, features, and benefits are detailed in this article. The Entrepreneur One ILP Special 

About The Wallet

The Markethive Wallet, as detailed in this article, is now on the Solana Blockchain and is currently being BETA tested on the Markethive Development Site. The image below demonstrates a behind-the-scenes look at the blockchain working and transferring our token to a Solana wallet. The next step is to delegate a chosen BETA group of members who are Entrepreneur Ones to transact (send and receive) the coin via a Solana wallet. 

These people will promote Hivecoin (HVC) by asking their contacts to receive a chosen amount of coins, essentially sending the coin back and forth to people who accept your offer. These people can be users of Bitcoin Forum, Reddit, Telegram, or any site that you are affiliated with. The goal is to create transactional activity in the thousands.

It’s important to be active on the sites mentioned above, as the next step will be engaging five coin exchanges to list HVC on their platforms. The exchanges will do their due diligence and see that Markethive ranks very high in traffic, which will bode well for listing the coin, so it’s critical to have as much interest and activity as possible. 

Being listed on five coin exchanges is significant as it helps create stabilization and equilibrium, whereby a Moving Average or Mean can be calculated.  Moving averages are typically shown as a line on a chart, showing a mean of a previous set of periods. Because they are the mean (or average) of the data, they help to show the general trend and can then be used to map the direction of the coin visually. 

About Markethive’s Coin

The current Markethive Token (MHV) has a total supply of 8.8 billion and is only used internally. As we move forward, our cryptocurrency coin, HIVECOIN, will be the coin of Markethive that will be traded on the open market in crypto exchanges. The coin will replace the Markethive Token and have a total supply of 45 million. A much more realistic figure for the coin’s price action, supply, and demand.  

Phase one of the wallet is about to be released with a new vault and processor. The new hub will produce the new Markethive Credit, replacing the old Markethive Coin used internally. The Markethive Credit can be used to purchase the many services in Markethive and will also have a new staking advantage.

We are not staking the old Markethive Coin, as that is considered a violation of federal regulations that continue to evolve; however, there are ways around it. Our new Markethive Credit is not considered a Security as it can only be transacted one way. You can buy it within Markethive, but you can’t sell it on exchanges.   

You buy Markethive Credits to purchase services and for the purpose of staking, where you receive monthly interest on any given amount. There will also be significant incentives for all members to buy the new Markethive Credits. 

 

Wrap Up

Markethive has a fully operational inbound marketing system and social interface that is being uniquely enhanced with the new dashboard while simultaneously concentrating on the crypto side of things to get our coin up and running on the open market.  

So, it is almost “all systems go,” and you could help by supporting Markethive to expedite this humongous undertaking, not owned by the elite but by “we the people” so that every individual has a safe haven online. 

Make sure you upgrade to Entrepreneur One before the opportunity ends, and remember that you get a bonus of 0.5 ILP this year for the full 12 months. The Entrepreneur One opportunity for new members ends when the wallet is released.

Be sure to come to the meeting on Sunday at 10 am MST to hear the latest updates. You’ll find the link to the meeting room in the Markethive calendar. And stay tuned; the Markethive wallet is about to be announced. Praise the Lord! 

 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

Markethive’s Premium Platform Explained

Markethive’s Premium Platform Explained

Entrepreneur One To Be Phased Out – Premium Upgrade To be Phased In 

As Markethive moves forward, our Entrepreneur One Loyalty upgrade (the ultimate loyalty program for Markethive’s early adopters) will be phased out and unavailable to new members. However, this makes way for our next phase, the Premium Upgrade, which is in preparation for launch and will be released about the same time the Markethive wallet is integrated. 

Currently, the Entrepreneur One Upgrade (E1) is still available to new members. There will be a countdown ticker badge of 30 days placed on the Markethive home page for you to view, giving you ample notification of its cessation to new members. 

There is also a moratorium for canceled or lapsed E1 accounts, starting simultaneously with the countdown badge. This allows former Entrepreneur One members to resume their membership as though they never left. The months that lapsed will be compressed to show a continuation of a paid year to date. 

Once this 30-day period has ended, the wallet and Premium Upgrade will be released. We have a lot going on now; it’s thrilling that Markethive is coming out of BETA with this launch. The innovative visions and tireless work of the Founders’ are coming to fruition for all of us. 

Premium Upgrade Illustrated 

The Premium Upgrade will include everything stated below. This is the first and basic draft, so there might be a few additions and may be subject to change, but this is primarily the features.  

1. The first is the large wallet transfer/transactions. There's no limit for the Entrepreneur One member; however, the Premium Upgrade will be the second-largest wallet transfer. So the number of MHV coins you can transfer out with this wallet will be substantial. 

2.  You will enjoy a matching bonus when you refer new members, just like Entrepreneur One has a matching bonus. This consists of a 100% matching bonus on the first three that sign up with you, which is 50% more than a free member, and then 25% on each subsequent sign-up for the duration of your active membership.

For example, if the new sign-up airdrop is 100 MHV, you will get 25 coins for as long as you are active in the Premium Upgrade. 

3. You get the entire inbound marketing system. All the features and functions will be available, except for the email broadcasting system, which is limited. You can email your associates (sign-ups) and your group members, but not your friends you have accumulated on Markethive; that is only available to Entrepreneur One associates. 

4. You will have access to total data on the first 16 visitors. This includes their other social media accounts, phone number, and email address. This means you'll get access to the first 16 people who visit your Markethive profile and be able to see who they are. You can contact and reach out to them because they are obviously interested in you, as they came to see you.

5. Access to a friend’s “Friends List” gives you access to your friends’ list, similar to LinkedIn and Facebook.

6.  Automatic video and blog posts to the news feed. Coming very soon is the four different types of newsfeed that are four different types of feeds. As a Premium Upgrade, you will have access to the first three.

  1. First is the general newsfeed, similar to a Twitter/Facebook feed.
  2. The second is the blogging system, which will display your blogs in that feed. 
  3. The third is the video feed, where you can upload organic videos to the Markethive Video Channel and your videos from 3rd party video platforms. All the videos you upload will be shown in your video newsfeed. 
  4. The fourth newsfeed is the curation newsfeed limited to Entrepreneur One members only. 

7. Increased Limits On your Video Uploads. Notably, with YouTube, you need to be qualified to be able to upload unlimited videos. If you do not pass their qualifications, they limit the size of your video uploads. As an Apprentice Upgrade, there is no limit to the size, length, or number of videos you can upload.

8. 10% Discounts on Services, such as Press Releases, Banner Impressions rebate, Boost, Video Ads, etc. E1s get more discounts; however, free members must negotiate with either Entrepreneur One or Premium level and pay them to acquire any of these services or purchase them at full price from Markethive, the company.     

9. Upgrade activities interest (staking) on the Vault.  As a Premium Upgrade, you will receive an increase in micropayments for all your activities in Markethive. Plus, any Markethive Credits you hold in the Vault will be paid interest. 

10. KYC (Know Your Customer). All Premium level and Entrepreneur One associates will have a blue verification checkmark on their profile. So your KYC verification steps will be a lot easier to do as an upgrade than they would be if you were a free member.

11. Newsfeed Rich Text Formatting. You will be able to highlight with bold, italics, or underline in your newsfeeds as a Premium Upgrade. This makes your posts stand out a lot more. 

12. Fully Functioning Storefronts. It is also known as Groups but with the added advantage of monetizing it with capture pages, custom Splash pages, videos, co-ops, shopping carts, etc. You create a complete campaign with a capture page that lands on the splash page built into the group. Essentially, this is a Storefront where people can visit and buy your products listed via your shopping cart.

So you can essentially turn your group into a landing page that allows you to communicate with those in that storefront group, much like a forum. It really is an innovation that takes the whole thing and turns it into a turnkey Marketing System.

A free membership gets the group, but you’re getting a storefront when you upgrade to Premium or Entrepreneur One.

13. Group/Storefront posts in profile feed option.  So whenever you post in your group newsfeed, you have the opportunity to post into your profile feed automatically.

14. Full Video Channel System is a complete YouTube-like video system where followers, friends, and associates can subscribe to your channel. They can comment on your videos, and all the features on YouTube will also be in the myhive.tube video system. 

The other great thing about the entire video channel system is that as an Upgrade, the system will ask if you have accounts on other video platforms whenever you upload your video. (e.g., YouTube, Vimeo, Daily Motion, Facebook, Twitter) You'll be able to link to all of these 3rd party video platforms. 

So you upload your videos into Markethive, which will also upload your thumbnail to those videos and remotely publish out to all the other video accounts you may have so you get extensive video distribution.

It’s worth noting that when videos are posted on another platform, only a snippet of the video can be viewed. Users will be directed back to the Markethive platform to watch the whole video. This is a huge advantage considering YouTube’s predilection to censorship.

15. Full Conference Room Channel. All members will have access to Markethive’s free conference rooms; however, they will be limited according to your membership level. Free members will have two seats (you and a guest). Premium will have ten seats, and the Entrepreneur One Upgrade will have unlimited seats.  

Our conference room system is integrated into inbound marketing, calendars, and timers, making it a very sophisticated system.

16. Bookmark Newsfeed Management. If there are posts in the news feed that you like or want to remember, you will be able to bookmark them if you’re going to reference them again, creating easy access to them in the future. 

17. Self Deleting Posts (Set timer option) Like Snapchat, you will be able to send a message to someone or make a post, then set a timer for it to self-delete. This is an excellent option if you have a time-sensitive message or post. 

18. Send Messages to anyone in Markethive. (Limited to ? per month) The number of people you can message is still yet to be determined. However, as an upgrade, you will be able to message any member, no matter their level. You can send a message to them if you see their profile page or a post they did. 

Once this feature is in place, nobody else can send messages to anybody unless their first-level friends.

19. Markethive sub ROKU Channel. Markethive already has a Roku Channel, and we can build Roku sub-channels into it. What this means is, as a Premium or E1, you will be able to have your own sub-channel, which will be named, yourusername.markethive.  

So when you upload a video into Markethive, you can designate to upload it as well to your Roku sub-channel. 

Premium Platform Plan Proposal

So there you have it. This is an impressive menu of options for the Premium Upgrade, which can be paid in part using MHV along with BTC or credit/debit card. The subscription prices are not set in stone as yet; however, a mock-up of the various plan options proposal is pictured below. The MHV is based on the value of one penny in the image. However, the coin price will fluctuate when listed on the exchanges, so the amount of MHV will be adjusted accordingly. 

**Note that the Markethive coin (MHV) will be renamed to Hivecoin (HVC) once we list it on coin exchanges. The total coin supply will be drastically reduced, which will only benefit the coin's price. 

 

 

Markethive built this system to lift you up financially while giving you a mighty broadcasting Social Network. Our foundation is built upon the precept that freedom and liberty are very much at the forefront and our main product. Upgrading to Premium Level gives you additional leverage and greater power to broadcast your message while supporting our mission to lift up the entrepreneurial spirit found in all of us. 

 

Still Time To Secure Your Entrepreneur One Upgrade

And of course, there is still time to upgrade to the ultimate loyalty program, The Entrepreneur One, for US$100 per month, which includes a 1/10th ILP after 12 months of consecutive payments. Essentially you have shares in the company! This is a golden opportunity; think of the Web 2.0 social media platforms like Facebook et al., when they were looking for funding; they engaged affluent Venture Capitalists. The difference here is you are the VCs without needing the capital, and you will reap the rewards as Markethive becomes the next tech giant of Web 3.0. 

Finally…

Stay up to date with the progress by attending the Markethive meetings on Sundays at 10 am Mountain Time. Come with us as we make our way through the final stages of BETA, where the full potential of Markethive will be realized, creating more leverage, opportunities, and the ability for you to achieve your personal and professional goals. The link to the meeting room can be accessed in the Markethive calendar. 

 

 ecosystem for entrepreneurs
 

 

Editor and Chief Markethive: Deb Williams. (Australia) I thrive on progress and champion freedom of speech. I embrace "Change" with a passion, and my purpose in life is to enlighten people to accept and move forward with enthusiasm. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

The Psychology of Fear

The Psychology of Fear

In the last two and a half years, perhaps, each of us experienced a surge of fear and did not escape the anxiety of a completely new situation that gripped the whole world. This is quite natural; the events touched the entire civilized world.

However, it is difficult to say what the given level and frequency of experiencing fear, apprehension, and anxiety is. Each will always be a unique cocktail in which they will most likely be mixed early, even prenatal experiences and personal settings, degree of sensitivity, genetic make-up, fulfillment or non-fulfillment of basic emotional needs in childhood, and others.

In addition, during our life, sometimes there comes a period of crises, rebirths, and changes when deep forces forcefully and without question penetrate through the shell of our consciousness. These periods can be accompanied by extreme experiences of fear, anxiety, and even terror.

"There is only one way to happiness, and that is to cease worrying about things which are beyond the power of our will.”

        —  Epictetus

According to one medieval story, a pilgrim was walking along the road to the city and met Death. Recognizing her, he asks: "Where are you going and why?" "I am going to the city to kill a thousand people with the plague." "Well, if you have to, go," the pilgrim replies, slowly heading to the same city. When he arrives at his destination, he finds a dead city, tens of thousands dead, not a single living being anywhere. He goes back the same way and meets Death again. "You lied to me, Death. You killed all the people with the plague." "I didn't lie,” answers the Death “exactly one thousand inhabitants of the city died of the plague. Everyone else was killed by the fear of the plague."

This horrible story illustrates well the destructive nature of fear if we are overwhelmed by it and give up the fight. The instinctive reaction to a threat is not only an attack or escape, but if we evaluate the situation as hopeless, then also paralysis and surrender to a higher power.

 

This instinctive reaction is exploited by populist leaders – saviors who can frighten a crowd to the point that it gives up its own chances of solving the urgent sense of threat by its own forces and passively places power and salvation in the hands of a manipulative higher power.

Guidelines for Manipulators and Crowd Leaders:

A manipulator will systematically present people with messages, stories, and images that will create and spread a sense of threat, anxiety, and fear in society.

A larger part of society will stop verifying ghostly information, confronting it with a different point of view. They begin to have a great need to clarify and simplify the whole problem. It is enough to help them with the right stickers and directions, which will be simple and logically comprehensible.

Put more pressure on the saw and try to create the feeling that the situation has no solution. After the initial resistance, anxiety, and then resignation to one's own activity will probably come, but there remains hope for salvation from above.

Give them such salvation with a simple instruction – explain to the crowd (yes, at that point, society is mostly behaving like a crowd) that others are incapable, look where they got us, while you are not afraid and have a solution. In doing so, you will only be repeating ideas that you have already pushed on people before. This way, your ideas will seem familiar, logical, and therefore believable to them.

How to deal with the amount of information thrown at a person? 

Restrict message viewing?
Certainly yes, and watch the news only at certain times and only from specific sources.

Adequacy, not absence of concern. Realize that worry and fear are natural emotions that have an essential function. They mobilize us, orient our attention and show what we should change to prevent the possible negative consequences of what threatens us. It's not about not having such emotions at all but *keeping them within limits where they don't harm us*.

Mental hygiene is essential! Introduce (and if you do, intensify) important psycho hygiene exercises – intensive movement, physical exercises, physical relaxation (autogenic training, etc.), yoga, meditation, mindfulness exercises, walks in nature, etc.

You can prepare crisis scenarios –  and then put them away. If you are overly worried about the possible practical consequences of the current situation for your concrete, everyday life (energy crisis, job loss, financial matters, etc.), do not avoid these considerations, but go through them thoroughly once and conclude. 

Specifically: calmly (alone or with another person who is a reasonable advisor) discuss these concerns and devote yourself primarily to planning activities and measures that (then, if they arise) you can take. Think through contingency plans ("what would I do if") and alternatives. 

Do it once, thoroughly, when you are in a stable mood. For example, write down all the points on paper. And then hide it somewhere and close everything, both realistically and symbolically. Don't come back to it. If needed, you have plans made.

Remember – feeling afraid, nervous, and upset is normal in times of uncertainty.

The way people react to the news can be influenced by how it's presented. While you want to stay informed from credible news sources, you might need to set limits on your daily media consumption.

Fears from the point of view of human biology

Fear actually has a central location in our brain. The area is called the amygdala, and it is located deep on the sides of our head in a place called the temporal lobe. It gets its name from being almond-shaped. The amygdala serves us well and helps us to avoid fearful and anxious situations in our past, so we don’t continue to make the same mistakes or subject ourselves to dangerous situations. It keeps us on alert when we must be careful.

Your amygdala fires the stress/anxiety/fear warnings based on how you see the world. It is complicated because our brain is complicated, but imagine your eyes see a threat, and messages go throughout your brain telling you to run, fight, flee, or whatever response you might take. 

Part of the message goes to your amygdala for many reasons, including the emotional component. The more your amygdala is stimulated, the more easily it can get triggered. When a pandemic has a child or adult in fear all day, the amygdala repeatedly uses minimal stimulus to fire. Everything becomes a threat – and fear and anxiety are everywhere.

First things first, do not let any kind of negativity and hopelessness stop you from taking the necessary actions to care for yourself. Mild anxiety can be beneficial to boosting efforts and achieving a favorable outcome. Excessive anxiety can make it difficult to reason and cause extreme stress. It is helpful to understand what kind of behavior and emotions are normal and which should raise a red flag. 

“Anxiety does not empty tomorrow of its sorrows but only empties today of its strength.” —  Charles Spurgeon

Sources:

 

 

About: Markéta Halova. (Czech Republic) A crypto enthusiast, keen online marketer and passion for photography. I love interacting with the community of Entrepreneurs at Markethive. I believe in free speech, liberty, sovereignty for all. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

 

 

Web 30 – The Era of Decentralization Autonomy and Influence?

Web 3.0 – The Era of Decentralization, Autonomy and Influence?

The Evolution of The Internet

In simple terms Web 3.0 refers to a third major iteration of the world wide web or internet as we know it, and in many ways it is still unfolding. But what is it and what does this mean for the individual and entrepreneur? To give proper context to its evolution let’s loop back and take a look at Web version one and two.

Web 1.0

Web 1.0 saw the inception of the world wide web which emerged in 1989 out of the shadows of Arpanet and Milnet, via the innovative influence of Tim- Berners Lee. You could connect to the internet, browse websites and access information in either ‘read only’ format, or downloadable format in many cases. It was a start of a proliferation of information, yet quite passive and static in nature.

Web 2.0

2004 saw an iteration of the internet, which Tim O’Reily supposedly coined. Web 2.0 saw a more interactive version of the internet whereby users could create content, meaning two way engagement. 

The main shift was a relational one rather than a technical one per se.  More web applications emerged and this is where big tech companies such as social media giants, Facebook and Google took center stage.

YouTube arose, Wikipedia and wikileaks also emerged with editable functions as new information replaced old information. Website architecture such as WordPress came into being, with its drag and drop features, making it simple to create websites without needing to know code in detail. Communication was more interactive and applications such as direct messaging apps increased connectivity. For many it became the prime choice for communication over email.

Web 3.0

If Web 2.0 was all about interactivity, collaboration and engagement, Web 3.0 marks an even greater shift, and it seems to have emerged off the back of the last recession in 2008.

Web 3.0 is more than just an iteration, and is still unfolding. It denotes a major structural shift toward the decentralization of money and data. Most importantly It seems to be heralding an age beyond information to one of autonomy and influence.

Concepts like the blockchain, cryptocurrency, DeFi, Smart Contracts, DAO and NFT are part of the landscape of Web 3.0.  Embodied in these concepts are the themes of user control over money, and data, as well the ability to influence their livelihoods and the construction of community projects designed to answer some of the most pressing issues of our times.


Image source: https://entethalliance.org/advancing-the-web-3-0-ecosystem

It seems like the debacle of the Northern Rock bank run here in the UK back in 2007 has jolted people into realizing that their assets can effectively be stripped in a time of economic slump without their permission. That is grand theft. Are we witnessing a return of power to the people and a leveling of the economic playing field? Time will tell.

What is Decentralization and DEFI?

Decentralization is all about moving the power of influence, control and consumerism away from a central source of control. To make it easier to understand, think of AirBNB and Uber.

AirBNB is an example of the decentralization of vacation accommodation, and the removal of huge overhead costs. It came to prominence in 2008. AirBNB is like a brokerage for homeowners across the globe, who choose to rent their homes out for vacation stays. It offers an attractive alternative experience to the traditional hotel stays.

At around the same time in 2009, Uber saw the decentralization of the transport industry, specifically taxis. In this example Uber acts as a brokerage between vehicle owners and users who need to book transport, as an alternative to the traditional taxi firms. Both are like consumer to consumer models of approach, providing more income opportunities for consumers minus a broker commission in the process.

DeFi stands for decentralized finance. It's all about the decentralization of money into the hands of the community and consumer. Related to that is that, not only does it give control of money and financial data back to the consumer, but the power to influence and contribute to the building of new community structures, according to their white papers.

Cryptocurrency

Cryptocurrency represents digital currency and is to be distinguished from CBDCs, which are digital currencies which are under central bank ownership. Whereas In a bank run such as the Northern Rock event of 2007 you can be denied access to your money, the opposite is true with cryptocurrency.

In 2009 the largest cryptocurrency to date, Bitcoin came into being. Now you can own and control bitcoin through your private wallet, and not be denied access unless you lose your private security keys. You can send bitcoin peer to peer from wallet to wallet, and buy more everyday items via debit cards as mass adoption increases. 

Over 10,000 cryptocurrencies have spawned the exchanges since bitcoin took stage, and you can see their status and key metrics in places like nomics and coinmarketcap. Not all coins and tokens are equal, and not all fare well for a variety of reasons. 

Many are seen as dud tokens or coins, here today and gone tomorrow. So due diligence is also important if you are looking to build any sort of digital portfolio. In all cases, for transactions to take place it needs an underpinning structure. Enter the blockchain.

Blockchain

 
Image Source: https://www.simon-kucher.com/en/blog/blockchain-and-its-impact-business-success

An important aspect of the decentralization of money and transactions is something called the Blockchain. This is like a huge digital ledger which is publicly available for all to see, use and verify transactions. This is where you see the description, ‘trustless’, which is the ability to verify without needing trust.

Its transparency and verification features mark a huge development in the area of money. Whenever you buy cryptocurrency at an exchange, and send money peer to peer from your digital wallet all transactions can be tracked on the blockchain. Speed of transaction and fees vary from blockchain to blockchain. Bitcoin transactions can be viewed on the bitcoin blockchain. 

Ethereum came into being as a blockchain in 2013 and also has its own token. One of its unique aspects is the ability for a developer to build applications such as smart contracts on its blockchain. 

This is basically an executable piece of code that gets activated when the criteria of that contract is met. It effectively takes out the middleman and removes lag time often seen in the manual process of bank or legal contracts, for example. The removal of a lot of bureaucracy may be eliminated in the future with SMART contracts.

Technological advances means that a developer can build their own blockchain as well if they have the technical expertise. You can put your website on the blockchain too. The possibilities are endless with the blockchain infrastructure.

The recent proliferation of DAOs and NFTs and Artificial Intelligence are further signs of a new way of relating to technological advances which puts more autonomy and control in the hands of the user. NFT stands for non fungible tokens, meaning each token cannot be duplicated, and are being used in a number of ways in business. The advert from Budweiser at the recent Superbowl is an example of this. DAO stands for Decentralized Autonomous Organization which involves voting and co- ownership of that particular community project. It gives more say and influence to its participants.

Artificial Intelligence is streamlining and compressing a lot of manual activities, which has implications for productivity and innovation. Of course, with autonomy comes the need for greater responsibility and wisdom where technology is concerned and this applies to life in general. The more power you have, the more responsibility and wisdom is implied.

Is Web 3.0 and DeFi here to stay? The volatile nature of cryptocurrency makes it difficult to make a statement one way or the other. Also the various governmental regulations touted add to that uncertainty, such as ISO 20022. Some predict that with the new ISO 20022 standard most cryptocurrencies will be wiped out. 

What is ISO 20022?

To keep it simple ISO 20022 is an algorithmic standard, a bit like SWIFT in the banking structures, which validates financial transactions and data across the globe. It is the proposed shift from SWIFT to ISO 20022 that has caused concern about the future of cryptocurrency because only a handful of cryptocurrencies are compliant with this standard.

Ripple, Algorand, Stellar Lumens, Iota, XinFin, Hedera and Quant are the confirmed ones. Regulations in general can be a double edged sword as Ripple [ XRP ] found out, even with its ISO 20022 status, as it does battle with the Securities Exchange Commission.

Summary

Whilst the volatility of cryptocurrencies makes its course less predictable, and regulations such as ISO 20022 and SEC may throw a spanner in the works, there are a lot of moving factors beyond this that can support or derail a cryptocurrency.  

Standards of good practice are essential. Yet many see regulations as a kickback from central authorities who do not wish to lose their power and status over the people, hence giving crypto users a hard time in terms of operating freely.

What is clear is that people are fed up of the old erroneous, incompetent and corrupted structures. Bitcoin continues to lead the way in gathering pace in mass adoption in the arena of supply and demand. Markethive is also an example of an ecosystem which is navigating the obstacles through its credits system.

The regulators may view bitcoin as a commodity but the issuance of debit cards to translate bitcoin into spendable money for everyday items suggests a more powerful use value.

Expenditure in relation to supply and demand may be a more predictive indicator. Billions are being poured into blockchain solutions, and businesses are expected to increase expenditure into blockchain technology significantly, suggesting that blockchain will be a central part of business moving forward. 

Image Source: https://www.digitalinformationworld.com/2021/10/this-infographic-illustrates-10-biggest.html

Web 3.0 is continuing to be shaped by these new structures and concepts of decentralized finance, which means more autonomy and responsibility for the user and entrepreneur.  Like AirBNB and Uber it seems to be part of a wider trend that is here to stay as it looks to shape a new economy.

Now more than ever the opportunity exists for the entrepreneur to shape the destiny of their business with enabling technology. If privacy, autonomy and freedom of speech are important to you then you now have the possibility to move your website to the blockchain.

The shackles of constraint can come off your mind as you seek to evaluate how your business can benefit you and your audience with these new possibilities. I look forward to establishing my website on the blockchain for peace of mind. That’s just for starters.

If it all feels new and overwhelming, know that there are academies and education hubs like Bankless and Moralis Academy that are designed to walk you through and empower you with the necessary education to enable your business to operate with greater autonomy and influence as a force for good.

 

 

 

About: Anita Narayan. (United Kingdom) My life's work is about helping individuals to greater freedom through joy and purpose without self-sabotage, so that inspirational legacy can serve generations to come. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.

 

 

 

 

 

 

 

 

Solana Premier NFT Marketplace: Magic Eden Launches a Web3 Gaming Investment Arm

Solana Premier NFT Marketplace: Magic Eden Launches a Web3 Gaming Investment Arm

Magic Eden, the most significant non-fungible token (NFT) marketplace on the Solana Blockchain, has launched an investment arm to support the Web3 gaming industry. The new entity, Magic Ventures, will invest in Web3 game developers and infrastructure builders, Magic Eden said in announcing the news on Tuesday 12th July. The company believes that gaming has the potential to bring millions of users to the blockchain. Tony Zhao, a former key member of Tencent Games, has been appointed as the head of game investment.

Jack Lu, co-founder, and CEO of Magic Eden said in the statement:

"The gaming world is a massive market that has just started to venture into the world of Web 3. We intend to deepen our relationships with both gamers and game developers alike to champion the future of games on the blockchain."

The company said that the creation of Magic Ventures and the appointment of Tony Zhao as head of gaming investments would enable Magic Eden to invest in promising games and gaming infrastructure that will fuel the growth of Web 3 gaming.

Tony Zhao will also be joined by Yoonsup Choi, Harrison Chang, and Matt Biamonte. They all deeply understand Web 3 gaming from their respective professional gaming and esports backgrounds. Yoonsup Choi and Harrison Chang are former League of Legends and Fortnite players, while Biamonte both launched NFT projects individually.

"By hiring Tony, Harrison, Yoon, and Matt, we are building a solid foundation on which we can continue to work with exciting innovators in the Web 3 gaming ecosystem. Eden Games is a rapidly growing company in our company sector. We look forward to continuing its growth,"  added Jack Lu, commenting on the new addition to the Magic Ventures team.

Magic Ventures has already made some investments and is planning more, Zhao said, but would not disclose which projects or startups it has invested in. He added that there is no set number in terms of the total dollar amount invested in projects, and the typical investment size is "pretty small" given the strategic nature.

"We're not here to fund the entire development [of games]," he said. "Our value-add is not capital—it's all of these infrastructure solutions and an NFT experience that no one else in the market can provide."

Web3 and Game Innovator Joins Together 

Along with the venture capital arm, Magic Eden's Eden Games division announced that it has entered into agreements with the makers of several Solana games, including Aurory, Mini Royale: Nations, and Genopets, to operate an in-game NFT marketplace. Once launched, players will be able to buy and sell NFTs in any game without having to travel to an external marketplace. It is designed to provide a seamless process for gamers, especially those unfamiliar with crypto wallets and self-custody assets. Zhao said that the infrastructure is available to developers, so they don't have to build integrations from scratch.

NFTs are blockchain tokens representing ownership of items such as art, collectibles, and interactive video game items. In games, NFTs can represent things like unique weapon designs, character avatars, and customizable virtual lots. As mentioned earlier, Magic Eden recently became a crypto unicorn with a valuation of over $1 billion. The company raised $130 million last month at a $1.6 billion valuation just nine months after the startup was founded.

The NFT marketplace plans to support more blockchain platforms beyond Solana in the future, although no specific chains have been announced.

Image source: Magic Eden

Magic Eden Joins in NFT Pursuit

Magic Eden's growing focus on Web3 gaming puts it in direct competition with Fractal, Solana's gaming-centric NFT marketplace co-founded by Justin Kan and co-founder of video game streaming platform Twitch. Fractal only focuses on interactive game assets, while Magic Eden also supports avatars and other types of NFT assets.

Zhao said that both Magic Eden and Fractal are focused on growing the Web3 gaming space. However, he believes Magic Eden offers a broader suite of solutions to launch and support Solana-based games and says the results boost his confidence.

He said, 

"We all want to expand the ecosystem. For game developers, we show them the data, right? It's up to them to decide who ends up choosing. The results tell developers that there are good reasons to work with us instead of Fractal."

Benefits of Launching NFT Marketplace on Solana

Solana is an open source decentralized blockchain that uses an innovative hybrid consensus model that enables swift transactions. Many digital content creators, investors, and entrepreneurs flock to Solana to create and showcase NFTs. The Solana blockchain enables a fully decentralized on-chain experience, while the Solana NFT standard and minting process provide creators with the highest level of customizability. Let's take a look at some of the business benefits of launching an NFT Marketplace on Solana.

Transactions per Second

The Solana blockchain is an ultra-fast blockchain that can process 710,000 transactions in 400 milliseconds and help transactions go through the market without delay. The average network latency for a bitcoin transaction today is between 12 to 15 seconds and takes about 10 minutes to verify on Ethereum.

Solana's block time is less than 1 second, which makes it one of the fastest decentralized networks available today! With the rapid increase in blockchain adoption and usage over the past few years, the need for faster and more efficient blockchain solutions is growing exponentially. It will continue to do so in the future as blockchain technology continues to mature and become increasingly mainstream.

Cost per Transaction

The Solana blockchain's high throughput and low transaction fees of $0.00025 make it the perfect solution for developing NFTs and NFT marketplaces of all shapes and sizes. The cost to create an item is also lower than other blockchains, making it a viable platform for developers needing quick and cheap development solutions while being able to scale easily with the platform's rising popularity.

No Memory Issues

Solana blockchain does not have mempool issues. The mempool is the waiting area for processed transactions waiting to be accepted. The result is an instant trade on the market. Solana does not have any of these problems that affect others who use Ethereum and are experiencing delays and high fees from the blockchains' inability to process the large volume of transactions in a short amount of time.

Expand the Ecosystem

The Solana ecosystem is expanding, which helps to handle large numbers of dapps and smart contracts and support more coins without network congestion. To do this, Solana added a second pool to handle all transactions, with an extra layer of security and redundancy for when the first pool goes down for maintenance or other reasons, which can happen very frequently during normal operation. This will also allow them to scale up further in the future as the community needs, without worrying about running out of capacity in the system as it grows each year exponentially!

Easy to Program

Solana blockchain is based on Rust software, which is easier to program and build different applications. This makes Solana a flexible platform for building NFT marketplaces, dapps, and more. Build your own preferred NFT marketplace on Solana and start earning with exemplary Solana NFT development services from the industry-leading Solana NFT marketplace development company.

Conclusion

The Solana NFT market is booming. The NFT marketplace and Solana blockchain impact today with their evolving advanced features and capabilities. From concept to design to delivery, Solana and the NFT market have seen significant growth in the market. The Solana network has been tested and debugged. It has grown from a prototype of an idea into a fully functional product used by hundreds of businesses worldwide today. Delivering on its promises of the best experience for all users across every device, platform, and browser, all in one place, and most importantly, on-chain! Solana will continue to focus on building the most extraordinary ecosystem on the planet as we look ahead to future releases.

 

 

 

About: Prince Chinwendu. (Nigeria) Rapid and sustainable human growth is my passion, and getting a life-changing opportunity into the hands of people is my calling. Empowering entrepreneurs provides me with enormous gratification. Find me at my Markethive Profile Page | My Twitter Account | and my LinkedIn Profile.