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Moving beyond the blockchain trilemma: L1 vs. L2 – Cointelegraph

April 19, 2023 | Author: admin

As of February 2023, over 44.15 million unique addresses have a non-zero balance of Bitcoin (BTC). While this may seem impressive, lets face it blockchain technology has come a long way since Bitcoins inception in 2009.

Bitcoin addresses with a non-zero balance. Source: Glassnode

However, as the technology continues to evolve and gain mainstream adoption, scalability remains one of the biggest challenges facing the industry. Bitcoin and Ethereum, two of the largest blockchain networks, are highly decentralized, with thousands of nodes operating on each network (17,553 nodes for Bitcoin and 7,099 nodes for Ethereum as of April 14, 2023).

Ethereum mainnet statistics. Source: Ethernodes

While this decentralization provides greater security, it also results in slower transaction speeds and scalability issues due to the significant computational resources required to maintain the continuously growing sum of nodes.

Hence, the blockchain trilemma, coined by Vitalik Buterin, suggests that blockchains can only have two out of three properties: scalability, security and decentralization. As a result, this fundamental trade-off represents a significant barrier to the widespread adoption of blockchain technology.

There are two primary strategies that have been introduced to tackle the scalability challenge: layer-1 (L1) and layer-2 (L2) solutions. While L1 solutions seek to optimize the base layer of a blockchain, L2 solutions provide an additional layer on top of the base layer to facilitate faster and more affordable transactions. Needless to say, this has sparked an ongoing battle between the two approaches as each demonstrates unique strengths and weaknesses.

Layer-1 blockchains, such as Bitcoin and Ethereum, are designed to optimize the foundational layer of a blockchain protocol to increase transaction throughput and reduce fees. Their maximum capacity is often limited by network congestion and other factors, so L1 scaling solutions directly extend the blockchain protocol to improve scalability.

A prominent example of this is the introduction of Ethereum 2.0 and the subsequent development of (dank) sharding. Sharding aims to increase Ethereums transaction processing speed and reduce fees by splitting the network into smaller, more manageable shards. Each shard can then process transactions in parallel, significantly increasing the networks overall speed.

Layer-2 blockchains, on the other hand, refer to a network or technology that operates on top of an underlying blockchain protocol with the aim to improve scalability too. The idea behind L2s is to shift transactions from the base layer blockchain to an adjacent system architecture that is able to process the majority of the data and then report back to the base blockchain to finalize the result.

For instance, Ethereum is a layer-1 network, and a number of layer-2 solutions have been built to improve transaction speeds on the Ethereum network, including Polygon (MATIC), Optimism (OP) and Arbitrum (ARB).

Undoubtedly, the scalability battle has come to the forefront with recent developments in L1 and L2 blockchains. While this may be the case, understanding the differences between L1 and L2 blockchain networks is crucial to gain insight and distinguish the primary differences between both layers.

Layer-1 blockchains and layer-2 scaling solutions differ not only in their purpose but also in their fundamental design and architecture. L1 blockchains are designed to be self-sufficient, meaning that all the necessary layers for data availability, consensus, and execution are integrated into a single system. This design is intended to provide the security, decentralization, and immutability, that are the hallmarks of blockchain technology.

In contrast, layer-2 scaling solutions are designed to enhance the performance of L1 blockchains rather than operate as independent blockchains. Layer-2 scaling solutions use off-chain techniques such as state channels, nested blockchains, rollups and sidechains to process transactions faster and more efficiently. In this way, layer-2 scaling solutions can increase the transaction throughput of L1 blockchains without compromising their security and decentralization.

Another significant difference between L1 and L2 scaling solutions lies in their scalability methods. L1 blockchains depend on various techniques such as consensus mechanism changes, chain forking and sharding to boost their transaction throughput. While these methods can improve transaction speeds, they can also lead to network congestion, security risks and fragmentation. L2 scaling solutions, on the other hand, process transactions off-chain, allowing for increased speed and efficiency while still relying on the primary network for security and decentralization. This approach reduces the risk of network congestion, minimizes fragmentation and enhances the overall performance of the blockchain ecosystem.

The Nakamoto coefficient is an important metric to consider when evaluating the level of decentralization in a blockchain network. It is crucial to consider the trade-off between scalability and decentralization when measuring up the difference between L1 and L2 solutions.

Often, L1 solutions such as Near protocol (NEAR) or Solana (SOL) have a higher coefficient because they offer a high degree of decentralization due to their reliance on a large number of validators. On the other hand, L2 solutions such as Opside or zkSync could offer improved scalability through the use of off-chain processing, but in turn, would be less decentralized due to their reliance on a smaller set of validators.

The ongoing battle between L1 and L2 solutions has its fair share of pros and cons. While L1 blockchains offer superior security and decentralization, they suffer from scalability issues. In contrast, L2 solutions offer scalability and lower fees, but may come at the cost of compromising the security and decentralization of the underlying blockchain.

Evidently, L2 solutions are not a one-size-fits-all solution to the scalability challenge. They rely on the base layers security and decentralization, and if the base is compromised, it could affect the very foundation of the layer-2 solutions in question.

Needless to say, as blockchain technology continues to mature, the outcome of this showdown will likely determine the path forward for scaling the technology to meet the demands of real-world applications. In the meantime, it is vital for both L1 and L2 solutions to work together to effectively address the scalability challenge.

Digi516 has been a crypto researcher and NFT enthusiast for almost a decade, with experience in educating and managing several crypto communities. Now, as head of community lead at XGo, Digi516 is on a mission to onboard the next 100 million users to Web3 and empower sovereign financial freedom.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you with all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor can this article be considered as investment advice.

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Moving beyond the blockchain trilemma: L1 vs. L2 - Cointelegraph

Bluesky Social, another Twitter killer – Manila Bulletin

April 19, 2023 | Author: admin

Before the free-speech-absolutist who blocks and bans journalists who criticize him bought Twitter, Twitter announced a project to create a decentralized social network. Starting with the AT Protocol (ATP) specifications (seehttps://atproto.com/), the project, now a company, developed the reference implementation, IMHO, which is Bluesky Social (seehttps://bsky.app/).

Bluesky recently released its free iOS app (download athttps://apps.apple.com/us/app/bluesky-social/id6444370199). Whilst readily available, the service is still not open to the public, i.e., you will need an invitation to be able to create an account. Luckily I was able to secure one through a friend I met on Micro.blog (hihttps://maique.omg.lol!).

So what's it like to be under Bluesky? Creating an account starts with a screen that shows you Bluesky as one of the servers (it defaults to this as I don't know of any other instance running ATP at the moment), then it asks the invite code before you can proceed with your email and your bsky.social handle.

Once you are in, the interface is similar to the Twitter of old. Your timeline shows as default (Following) and then there's the popular timeline (What's Hot). There are four icons at the bottom: home, search, notifications and your profile. Pretty basic, yes. Mind you, it is not yet open to the public.

Bluesky has several priorities in the pipeline (seehttps://blueskyweb.xyz/blogto know what they're working on), so do not expect it to be at par with Twitter yet, not that it is planning to be exactly like Twitter! Heck, it is not yet at par even with Mastodon, Misskey, Calckey or Pleroma, considering it is barely a few months old. That being said, it is already functional as a social network!

Based on the AT Protocol, Bluesky is intentionally designed to be decentralized. Yes, decentralization is the future-enough with centralized services like Twitter, Facebook, Instagram, Tiktok, and others. If anything, decentralization and federation have been proven to work by the ActivityPub-based federated universe, aka fediverse. Don't believe naysayers saying that the fediverse user-base is shrinking (it is not), but look at how much engagement has grown instead! Anyway, at the moment, Bluesky is in its own decentralized universe running on ATP, and hopefully someone is working on bridging both ATP and ActivityPub in the future. So Bluesky is on its own (again, I have said that I have not see any implementation of ATP yet-I am sure there are developers working on this already) at the moment.

One thing that I noticed, content moderation and algorithmic timeline are high on their priority list. Out of the bat, the app already has MUTE capability, and with the recent app update, users can choose which type of content to filter out.

Another thing that I like is that there is subscription needed to get your account verified as yours. Similar to how it is done on Mastodon, where you link your account with your website, Bluesky, albeit requiring more technical-jitsu, does this by allowing you to link your handle from the default @.bsky.social to your own domain, e.g., me.null.dev. The assumption, like on Mastodon, you have full control of your own domain's DNS. Neat, huh?

If you were on Twitter during the early days, then you'd find Bluesky to be familiar-where everyone is friendly. If you are sick of the current Twitter (I am!), then go secure an invite by joining the waitlist at

Personally, I alternate between Bluesky and Mastodon, and yes, I find both to be far better than Twitter!

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Bluesky Social, another Twitter killer - Manila Bulletin

Decoding Digital Subscription Success – Egon Zehnder

April 19, 2023 | Author: admin

The rise of digital subscription businesses has revolutionized the way we consume products and services. From entertainment to health and wellness, people want tailored experiences that can be delivered right to their phones or inboxes. But a looming global recession, unstable markets, rising inflation and cost of living has caused many people to cut back on subscriptions, prompting companies to focus on retention over acquisition.

Our conversations with more than 20 leaders in consumer subscriptions organizations over the past few months underscored the need for this strategy change, but also shone a spotlight on the internal impact these shifts have on priorities, organizational structures and leadership. In this article, we explore key actions leaders need to take now to ensure their teams are able to capitalize on this strategy shift instead of being hampered by it.

While centralized structures are often the most cost-effective and have a clear leadership structure, most digital subscription companies need an element of decentralization to be competitive today. Innovation and entrepreneurship tend to thrive in decentralized environments, where leaders feel and act like empowered owners and have the freedom to make decisions quickly and take necessary risks.

However, there are a few caveats to decentralization. When theres a wholesale shift in strategy (e.g., the change from acquisition to retention), functional teams can suffer if they don't have a voice in large-scale organizational decisions. Additionally, decentralization also often means there is duplicate work and positions. The willingness of a company to accept this duplication of effort depends on whether the primary focus is on growth or profitability. For companies focusing on growth, its more likely this duplication is part of the trade off in rapid scaling. For those focusing on profit, the cost of duplicative work is likely less palatable.

Before making a shift to a different organizational model because of a strategy change, take stock of what is working and where you can improve. It may turn out that you dont need to make a structural change, but instead you could work on developing employees muscles around communications and creating clarity across decentralized teams. Leaders can also focus on building cross-functional rituals to ensure communication is intentional and deepens relationships across teams.

If youre asking this question, you may have already reached the limit your current leaders and workforce can handle. Reorganizations in digital companies happen rather frequently, triggered by personnel changes, mergers and acquisitions, new business priorities and market expansion. However, even for the most agile employees, frequent reorganizations can take a toll. Employees who are part of companies that reorganize every six months or every year may experience burnout and stress among their teams, as they are expected to deliver results on their current projects while also implementing new operating models and ways of working at the same time. This high level of stress and expectation can erode employee morale over time, leading to burnout and disengagement from the purpose and outputs of the organization.

A finding from one of our recent studies across generations and roles in the workplace found that employees value their physical and mental wellbeing above all else, including compensation. While you may not be able to limit your reorganizations, consider offering your employees relevant additional perks. This could include paid time off for additional professional development or mental health days for recharging or simple ideas like eliminating internal meetings on Friday afternoons. Its also important that people feel heard when it comes to voicing their frustrations. Leaders need to actively listen and take stock of company morale. An environment that constantly feels unstable and employees who feel underappreciated will undermine productivity and engagement, potentially leading to an increase in talent turnover.

As subscription businesses shift from focusing on acquisition to retention, they need strong functional leaders across the critical areas of product, data, marketing, engineering and others, who are aligned across the companys goals, strategies, and decision-making processes. For example, your Chief Marketing Officer, Chief Product Officer and Chief Data Officer should operate in lockstep, with data at the core of driving both product development and product positioning. Bringing the strengths of each of these teams together creates a powerful cross-functional trio able to understand the business strategy from multiple angles and add context from each of their functions. For this deep alignment to be successful, these leaders must also possess high emotional intelligence, comfort with ambiguity and approach every challenge with the mindset of the customer.

In addition to being strongly connected across functions, these functional leaders should have a voice at the very top of the organization, with access to the CEO and the board when applicable. This is extremely important when new strategies and products are being considered. They will have the business insights that are critical to making informed decisions.

This doesnt mean endless WhatsApp and Slack messages at all hours. What it does mean is intentional time for connecting on shared leadership priorities and establishing agreed upon rules of engagement and a decision-making framework. Then these leaders must translate this shared passion for connection to their teams, which will result in higher employee morale and will benefit the business with greater alignment across functions. This collaboration may take some time to build, especially if your company is accustomed to frequent reorganizations. The teams you work with may shift and you need to devote time to building trust in these new relationships. It may also be a time to consider team coaching to help build stronger alignment across functions.

Digital subscription businesses that change customer strategy without considering their organizational structure and people may find themselves in danger of being canceledfirst by their employees and then by customers if they lack the talent to fulfill customer needs. Leaders must remember that customer centricity shouldnt come at the cost of their employees; businesses that thrive know that to build customer loyalty they need to build employee loyalty first.

Scientists engineer the first light-powered yeast – Science

April 19, 2023 | Author: admin

Yeast are carb lovers, sustaining themselves by fermenting sugars and starches from sources such as dough, grapes, and grains, with bread, wine, and beer as happy byproducts. Now, researchers have made one type of yeast a little less dependent on carbs by enabling it to use light as energy.

The work, reported last week on the preprint server bioRxiv, is the first step in more complex modes of engineering artificial photosynthesis, says Magdalena Rose Osburn, a geobiologist at Northwestern University who was not involved in the research. It also recapitulates a key evolutionary transitionthe harnessing of light. It is extraordinary, says Felipe Santiago-Tirado, a fungal cell biologist at the University of Notre Dame. To some extent, its like turning an animal into a plant.

Well, not quite. To convert carbon dioxide into sugars that fuel life on Earth, plants rely on a protein complex that includes chlorophyll to shuttle both electrons and protons, which perform chemical reactions and transfer energy. Researchers have been working for years to recreate photosynthesis to explore how to use light more efficiently as an energy source for solar panels and other applications and to breed plantsand other organismsto be more productive.

But the chlorophyll complex requires many other molecules to do its job. So Anthony Burnetti, a geneticist at the Georgia Institute of Technology, and Georgia Tech evolutionary biologist William Ratcliff sought a simpler solution. They homed in on a protein known as rhodopsin, which doesnt require a large molecular entourage. Its a solution nature has settled on as well: Bacteria, some protists, marine algae, and even algal viruses use rhodopsin to convert light into usable energy, often to pump protons for cellular functions.

The researchers began by inserting a rhodopsin gene that belonged to a marine bacterium into brewers yeast (Saccharomyces cerevisiae) in a petri dish. Burnetti hoped the rhodopsin would find its way into the yeasts vacuole, an enzyme-laden sac that degrades unneeded proteins. An energy molecule called adenosine triphosphate (ATP) fuels the process by pumping protons into the vacuole to make its interior acidicoptimal for degradation.

Burnetti wondered whether light energy could do that job instead. But the teams first effort misfired when the rhodopsin protein made by the gene went to a different compartment known not for protein degradation, but for protein synthesis. So Burnetti looked instead for rhodopsin already known to exist in vacuoles. He settled on using one from corn smut, a fungal pathogen. By attaching a green fluorescent tag to the protein, he and his colleagues verified that it had localized to the yeasts vacuole, as they hoped.

Graduate student Autumn Peterson, a member of Burnettis team, went a step further to prove this engineered yeast was indeed using light. She grew the new strain in the same dish as the original, unaltered yeast and exposed it to green light, the wavelength rhodopsin is most sensitive to. The cells in the light-sensing strain had shorter lives but reproduced fast enough to outgrow the nonlight sensing yeast by 0.8%, the team found. Thats a massive advantage, says Santiago-Tirado. Over time, in the light, Peterson expects the light-using cells to eventually replace the unaltered ones just as early light users might have replaced their competitors in nature eons ago.

Burnetti and his colleagues think light induces the rhodopsin to pump more protons into the vacuole, relieving the cells need to expend ATP for this task and instead freeing up that energy to help the cell grow in other ways. Increasing the acidity inside the vacuole may decrease it outside the vacuole, causing enzymes there to work faster and wear out sooner, which may also help explain the higher death rate among these altered cells. Whichever way its working, It is clearly of benefit to the yeast cells, says Michael McMurray, a molecular biologist at the University of Colorado Anschutz Medical Campus.

But the experiment may not reveal much about how rhodopsin use evolved in nature. I think the authors overemphasize the evolutionary significance of their work, says Robert Blankenship, an emeritus biochemist at Washington University in St. Louis. This is an artificial construct and is not the product of natural evolution.

Others think the work can have industrial, medical, and basic research applications. Alaattin Kaya, a biologist who studies aging at Virginia Commonwealth University, says these yeast cells can help clarify why vacuole acidification over the life of a cell sometimes seems to cause mitochondria to malfunction and in turn accelerate aging. He would love to add rhodopsin to mitochondria themselves to observe its impact.

Burnetti would like to target mitochondria as well, but for a different reason. Even though it seems to have never happened in nature, we definitely plan to eventually put rhodopsin into the mitochondrion. Because mitochondria can make ATP efficiently, adding rhodopsin could provide a lot of energy directly from the Sun, just as photosynthesis does. In that regard, yeast would then be a little more like plants.

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Scientists engineer the first light-powered yeast - Science

Navigate the new world with digital engineering – TechRadar

April 19, 2023 | Author: admin

The IT (Information Technology) industry as we know it has evolved drastically over the last two decades. This evolution typically follows a cyclical pattern, following an S curve. In the 1980s/90s, when the software industry flourished, it was all about reimagining and reshaping the way the world works. As a result, software became reliable and highly stable. Eventually, we began seeing the benefits of digitization, which led to the IT industry exploding. New services and new offerings were developed by integrating different technologies. Building the foundational technology was the first half of the S curve; maintaining it and coming up with newer services to make use of the foundations was the second half.

Today, technology enables businesses to incubate innovative ideas every day. Continuing the S curve, digital engineering is also reimagining the world we live in today. Digital engineering is all about building new products, new avenues, new business models, and newer technologies.

As digitalization has an ever-increasing impact on our lives, we are slowly transitioning into a physical age. This refers to the ability to move from digital to physical to digital again in an omnichannel environment, for example, you use a digital experience to buy a physical good which gets delivered to you, and value-added services which are again bolting onto a physical object but in a digital way, or you have a physical object which has a digital interface.

The new digital world will be filled with products, platforms, and experiences developed by digital engineers. In digital engineering programs, data (opens in new tab) is gathered and analyzed to create a digital twin. In the same way that software engineers develop programs, digital engineers create what is known as a BIM (Building Information Modelling), which includes information about a physical asset's design, construction, and future use. They aim to capture this data in an orderly and structured way from the outset of an engineering project, collaborating with other stakeholders to ensure quality. Digital engineering also includes drone imagery, augmented and virtual reality, internet of things sensors, advanced building materials, artificial intelligence, and machine learning. Combined with BIM, these technologies can be used to create a digital twin that accurately represents its physical counterpart in real time.

By using a digital twin, businesses can test and anticipate project outcomes, therefore understanding asset construction intricacies and reducing risks. The digital engineering process involves collaborative (opens in new tab) ecosystems that span across departments and demographics to identify, generate, and validate ideas, observations, and analyses quickly. In addition, the use of digital engineering enables engineers to design assets with maximum value at their core, enabling them to amplify asset efficiency.

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Rohit Madhok is Senior Vice President and Global Head of Digital Engineering Services at Tech Mahindra.

Humanity is reaching Mars and digitalization is at its peak. The emerging field of digital engineering, as well as related new-age technologies, is redefining how products are developed and manufactured for consumers by combining digital, physical, and virtual realms.

With digital engineering, employees will be able to work in new and more efficient ways, freed from the constraints of traditional engineering methods. Using digital twins, artificial intelligence (AI), and augmented and virtual reality (opens in new tab) (AR/VR), employees can resolve complex questions quickly and explore what is possible in a virtual environment. These technologies allow individuals to experiment with new products or processes and break things without fear of real-world repercussions. The ability to conduct this kind of experimentation without having to wait for things like physical prototypes or production lines to be built is hugely advantageous.

As digital engineering evolves further, it is integrating electromechanical engineering to further enhance IoT (Internet of Things) connectivity - a vital part of our digital world. Using digital twins, IoT connectivity can reach a level where all devices and experiences can become immersive. A car, for example, will become a digital medium for transportation, like the self-driving cars that are already available and present. With this technology, chips can be designed to provide IoT connectivity and digital touch points and interfaces within the car. Even if your car is in Germany and you are in the United States or India, you could still directly interact with it.

To fully leverage digital engineering, business leaders will have to overcome several challenges. Vulnerabilities, security breaches, and even human rights are among the most well-known risks. Due to the number of touch points with digital world, the human rights issue is the most important one at hand, since an individuals identity, persona, and digital footprint could be vulnerable to bad actors.

The carbon footprint is also an issue, due to the enormous cloud infrastructure that is running continuously. Many hyper-scale computing service providers such as AWS (Amazon Web Services), Microsoft Azure and Google Cloud Platform are aware of this issue and working towards the solution. As businesses now use cloud, cloud hosting providers can take on the burden of hosting and deploying IT infrastructure at scale more efficiently. It means organizations will consume less energy and produce much less end-of-life IT waste, which will reduce environmental pollution. In addition, as younger generations become more conscious of their carbon footprint and other environmental issues, we will see some significant improvements and overcome this challenge as a wider society.

A lack of skilled talent is another issue for the development of digital engineering and indeed, the wider technology sector. Businesses need the best creators, designers, and engineers. This means that they will need to boost their internal capabilities with creative hiring and resourcing strategies that not only bring in industry-leading talent, but also provide continuous upskilling with evolving time and technology.

Due to digital engineering, businesses could pivot quickly during the pandemic and tough economic times, allowing them to work virtually when needed and be more flexible in meeting customer demands. With so much disruption and accompanying uncertainty in the world today, the ability to solve issues swiftly and creatively will become increasingly important in the coming years. By integrating technologies such as AI (Artificial Intelligence) with digital engineering, tedious or repetitive process can be removed, and cost-effectiveness and efficiency can be increased.

The digital engineering revolution is unquestionably here to stay and will gather further steam in the coming years.

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Navigate the new world with digital engineering - TechRadar

How cloud-based solutions play a significant role in engineering – The Manufacturer

April 19, 2023 | Author: admin

In the spirit of this years World Engineering Day for Sustainable Development (WED), one of the most exciting advancements in the world of engineering worthy of highlighting is the evolution of cloud solutions and how they enable engineers to deliver projects faster, more securely, cost effectively and even more sustainably.

As organisations continue to face ever-growing data management challenges such as poor data governance policies and lack of in-house expertise leaders have been able to look to Cloud to provide solutions that can help engineers overcome these challenges.

However, as project complexity increases, data growth spirals and with ever increasing competition, an evolution of hybrid cloud services is needed to help address the issues. Organisations need capabilities, services and tools which give them a common set of data management features across on-premises and cloud resources, thereby simplifying operations so IT can enable engineers to deliver on strategic business priorities rather than becoming a burden.

It is vital for organisations wanting seamless engineering operations across on-premises and cloud environments that common hybrid cloud operational services are built to deliver better security, sustainability and are designed to improve time to market whilst reducing the cost to deliver this.

Due to the rapid acceleration of digital transformation over the past few years, most organisations are now evolving towards more data-driven business models.

Underpinning this transformation is the need to maximise the use of the data. As a result, data accessibility, storage locality, cost, security, and protection capabilities have become critical for day-to-day engineering operations. Because of this, decisions on IT infrastructure no longer only concern IT Managers, but also have an impact on engineering application and design specialists also. Engineering and DevOps are colliding!

So, to build and secure a hybrid multi-cloud data estate in this new era, a service thats both flexible, automated, and cost efficient is required to ensure outcomes are predictable and consistent automation, orchestration and self-service are key attributes that must be included!

This is where having a consistent hybrid multi-cloud enterprise data management solution is essential, it helps accelerate business outcomes, protect against outages, and enables rapid recovery even if these do occur.

The solution must also defend company intellectual property with hybrid multi-cloud built-in data security and automatic ransomware protection. We also today cant forget sustainability; a top engineering focus and one which uniquely a hybrid multi-cloud enterprise data management solution can also help address.

Advanced hybrid cloud services can be built with a strong foundation that facilitates the adoption of business enabling data management in whichever way each organisation sees fit.

On top of this, organisations should look for data management capabilities which enable greater flexibility by supporting multiple protocols and data types, whilst also giving managers the ability to scale up or down their data storage needs without disrupting engineering operations.

Investing in the right data management solutions gives organisations the capability to drive efficient and seamless integrations with public and private clouds enabling easy flow of data between on-premises and cloud environments.

In our digital world, huge amounts of data are being created, captured, copied, and consumed. As it stands, global data creation is estimated to rise to more than 180 zettabytes by 2025.

Its unsurprising then that the increasing amount of data being generated by businesses is becoming more challenging than ever before to manage and protect.

But for engineers to work efficiently, the data management process must be simplified. Providing a comprehensive data management solution thats optimised for modern hybrid multi-cloud environments will enable large-scale engineering projects to proceed seamlessly.

With hybrid multi-cloud data management solutions ensuring data is available where needed, it gives leaders the ability to make and act on insights in real-time, positively impacting business outcomes. Ultimately enabling engineers to focus on innovation and achieving business objectives.

About the author

Grant Caley, CTO at NetApp

Grant Caley is an experienced Chief Technologist with a proven history of working with all levels of customers and partners across all sectors. With 20 years background in the industry, he helps clients understand, define and implement data management and data services across a hybrid cloud landscape with a particular focus on enabling business agility, cost efficiency and operational consistency, governance and risk control. He also supports organisations developing strategic outcomes for new and developing technologies such as artificial intelligence, DevOps and cloud.

Prior to his current role, Grant has led the technical account management of a number of large global finance customers as well as previous roles for IBM and other UK organisations.

Magna signs on to engineer and build off-road EVs in 2026 – Electrek

April 19, 2023 | Author: admin

Building off a previous relationship with INEOS Automotive for contracted vehicle engineering, Magna is adding a new model to its complete vehicle manufacturing branch an all-electric 44 designed to go off-road.

Magna International is a globally recognized automotive contract manufacturer with over 130 production and assembly facilities across North America, Europe, Asia, South America, and Africa. The company is in the process of expanding its automotive expertise in the state of Michigan following a $500 million investment.

Simultaneously, Magna is investing another $470 million to expand its existing operations across Ontario, Canada, creating over 1,000 new jobs. Across the pond, Magna Steyrs plant in Graz, Austria, is currently home to the assembly of the Fisker Ocean, whichbegan productionlast November.

According to todays announcement, Magna is bringing a new and exciting build to Austria in the form of an off-road EV for existing customer INEOS Automotive.

To date, Magna Steyr has produced over 4 million vehicles across 31 different model designs. That said, many of those builds were engineered by the OEMs who contracted Magna for its manufacturing know-how.

In recent years, Magna has developed a lot of innovative EV technology, and it has decades of experience engineering complete builds of vehicles for its customers. For example, in 2018, Magna began working with INEOS Automotive to provide complete vehicle engineering services for the latters flagship off-road vehicle the Grenadier.

Now, INEOS wants to go all-electric with its second model and has once again asked Magna to help bring it to fruition. According to Magna, it will be responsible for the complete engineering of the new off-road electric vehicle, in addition to its awarded contract to manufacture the EVs in Graz, Austria. Per Magna Complete Vehicles interim president Roland Prettner:

We are excited to have been chosen as INEOS Automotives strategic manufacturing partner, building on the strength of our existing relationship in vehicle engineering. This new electric vehicle adds nicely to our line-up in Austria and showcases our flexibility in producing a range of vehicles from ICE-based to fully electric.

We dont know many other details about INEOS off-road EV design yet, but the company already has an engineering ace up its sleeve with Magnas help, as it approaches the start of production in 2026. INEOS Automotive CEO Lynn Calder also spoke to the contract manufacturing agreement:

Having worked together on the engineering of our crucial first product, weve seen first-hand the value of applying Magnas agility, expertise and experience to a complete vehicle development program. Deepening our collaboration is a natural next step as we use the Grenadier as a springboard for our continued growth as a global automotive brand with our second model line. Well once again work with the very best partners to launch another world-class product to our customers in 2026.

INEOS combustion-dependant Grenadier model looks like a cool 44, but its by no means aerodynamic. It will be interesting to see what types of innovative designs and engineering Magna brings to its customers all-electric off-road models over the next three years. This will be a development process we are sure to keep an eye on.

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Virginia Tech names new head of Department of Mining and … – Cardinal News

April 19, 2023 | Author: admin

Heres a roundup of education briefs from around Southwest and Southside:

Virginia Tech has named Aaron Noble as the new head of the Department of Mining and Minerals Engineering.

Noble is a three-time alumnus of the department that he will lead beginning June 25.

His research has focused on scientific discoveries that lead to technology development, maturation and commercialization, and he has served as assistant director of theCenter for Advanced Separation Technologies.

His research has produced 42 peer-reviewed articles and eight awarded or pending U.S. patents, four of which have been licensed to various industry affiliates. Outcomes from his work promote and support the sustainable production of mineral resources through improved energy and processing efficiency and reduced waste. In addition, Noble is an award-winning teacher, having received the departmental outstanding instructor award every year since 2018 as well as college-level teaching awards in 2021 and 2022.

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Jean Case will deliver the keynote address at Virginia Techs University Commencement ceremony on Friday, May 12.She is the chairman of the National Geographic Society, CEO of the Case Foundation, and founder of For What Its Worth.

She worked as a top executive at America Online for nearly a decade, where she oversaw all marketing that established AOL as the No. 1 internet brand and the first internet company to go public.

After leaving AOL, Case and her husband, Steve, created the Case Foundation to address social challenges.

The University Commencement ceremony will begin at 8:30 a.m. on May 12 in Lane Stadium. A complete schedule of commencement ceremonies and additional commencement information can be found online atcommencement.vt.edu.

* * *

Virginia Secretary of Labor and Ferrum College alumnus Bryan Slater 82 will be the keynote speaker for the Colleges 107th commencement ceremony on Saturday, May 6.

Slater has over 20 years of political experience serving the public, non-profit and private sectors. In Virginia, Slater served as Secretary of Administration for Governor James Gilmore.

He was the White House liaison to the U.S. Department of Labor under President George W. Bush and a congressional relations officer for the Department of Housing and Urban Development under President George H.W. Bush.

Most recently, Slater served as Assistant Secretary for Administration and Management at the U.S. Department of Labor and Assistant Secretary of Administration for the U.S. Department of Transportation under President Donald Trump.

He received his associates degree from Ferrum College and his bachelors degree in Political Science from the University of Richmond.

The Ferrum College commencement ceremony honoring the class of 2023 will take place at 10:00 a.m. on Saturday, May 6 in W.B. Adams Stadium on campus.

* * *

Brahmachari Sharan, who directs Hindu life at Georgetown University, will present the University of Lynchburgs 2023 Turner-Warren and Shumate lectures. Both events are free and open to the public.

Sharans Turner-Warren Lecture on Life and Faith Living with Faith: A Hindu Among the Jesuits will take place at 4 p.m. April 23 at First Christian Church (Disciples of Christ) at 3109 Rivermont Ave. in Lynchburg. Sharan will discuss life as a Hindu spiritual leader in a Jesuit environment and what made him decide to take on that role.

His Jennie Cutler Shumate Lecture The Spirituality of Difference: Dharmic Perspectives on University Life will be presented at 7 p.m. April 24 in Snidow Chapel on campus. In this talk, Sharan will highlight the importance of interfaith work in a university setting.

Sharan is the only Hindu priest serving as a chaplain at a university, as reported in a 2016Washington Post story. Born in Britain, he trained as a priest at ashrams in India, completed his doctorate in Sanskrit at the University of Edinburgh, and later taught at universities in Wales and London.

* * *

Registration is now open for New River Community Colleges nurse aide program that begins on April 24.

The 13-week program runs April 24 through July 20 (class ID #25469) with lectures Mondays from 6 p.m.-10 p.m. and skill labs on Tuesday from 6 p.m.-10 p.m.

The course also includes five clinical day Saturday sessions in June and July (6/3, 6/10, 6/17, 6/24, and 7/1) from 6:45 a.m. to 3:15 p.m. Upon completion of the program, students are eligible to apply to take the National Nurse Aide Assessment Program (NNAAP) exam to become a Certified Nurse Aide.

Nurse aides help patients or clients with health care needs under the supervision of a registered nurse or a licensed practical nurse. They provide hands-on care to patients, helping with bathing, dressing and the basic activities of life. Daily activities a nurse aide might encounter include taking patients temperature, blood pressure and other vital signs.

The nurse aide program is eligible for tuition assistance through the G3 program. This program provides Virginia residents who qualify for in-state tuition and whose family income falls below an identified threshold with tuition assistance. Additional financial assistance may also be available.

To register, email Amber Slusser-Brillhart at asbrillhart@nr.edu or call (540) 674-3600, ext. 4435.

Nurse aide is one of several NRCC FastForward programs that provides affordable, short-term training through the Office of Workforce Development. For more information about FastForward program offerings, visit https://www.nr.edu/fastforward/.

* * *

Rep. Morgan Griffith, R-Salem, will host his 2023 Service Academy Day event onSaturday, May 6, from10:00 am 12:00 pmat the Wytheville Meeting Center located at 333 Community Boulevard, Wytheville.

The event will feature representatives from each of the U.S. Service Academies, the Virginia Tech Corps of Cadets, the Virginia Military Institute, and other Reserve Officer Training Corps (ROTC) programs.

Students in surrounding jurisdictions, outside of the Ninth District, may attend to receive information about the Service Academies and serving in the military.

For more information, contact Josh Hess at (540) 381-5671 orJosh.Hess@mail.house.gov

See the rest here:

Virginia Tech names new head of Department of Mining and ... - Cardinal News

VTU postpones first semester Engineering exams to April 27 owing to technical glitches in admission approval – The Hindu

April 19, 2023 | Author: admin

Owing to technical problems in the approval process of admissions, the Visvesvaraya Technological University (VTU) postponed the first semester Engineering examinations to April 27, on Tuesday. The exams were scheduled from April 20.

The Department of Technical Education is conducting the admission approval for technical courses online from this year. The VTU has developed a separate software for the process. But, due to technical glitches, the admission approval process has been delayed.

Only two days were left for the examinations and approximately 75,000 students, ready to face the examinations in 208 Engineering colleges, were worried and had demanded the postponement of the exams.

Along with this, the Election Commission has scheduled the election duty training on April 20 and the teaching faculty members of all government and aided Engineering colleges are expected to participate.

Speaking to The Hindu, S. Vidyashankar, Vice-Chancellor of VTU, said, The technical glitches in the admission approval have been successfully resolved and 900 students approval is remaining. The Election Commission is also conducting the training for election duty and all our government and aided college teaching faculties are participating. Therefore, we decided to postpone the examinations.

See the article here:

VTU postpones first semester Engineering exams to April 27 owing to technical glitches in admission approval - The Hindu

Reverse Engineering the Future: Bitcoin.com Team Members Weigh … – Bitcoin News

April 19, 2023 | Author: admin

The ETHGlobal Tokyo hackathon drew to a close on Sunday, as builders from around the world competed for $375,000 in prizes. The event was kicked off with the first-ever ETHGlobal Pragma summit, sponsored by Verse, among others. Engineers and representatives from Bitcoin.com also took part in the summit and hackathon, and shared their thoughts on the event and its significance for crypto and economic freedom right now, and in the near future.

The first-ever Pragma summit took place on April 13 in Tokyo, Japan, as the kick-off to the wider ETHGlobal Tokyo hackathon, sponsored in part by Verse. Speakers such as Aya Miyaguchi from the Ethereum Foundation and author Balaji Srinivasan spoke at the event. The hackathon ended Sunday and saw participation from Bitcoin.coms engineers and representatives.

Director of engineering at Bitcoin.com, Andrei Terentiev, who oversees the companys 30+ strong engineering team, noted he was super excited for the ETH global hackathon, especially since Japan has been closed down to outside visitors for the past three years or so, its a great chance to meet more of the global cryptocurrency community and share new ideas that will push forward the cryptocurrency ecosystem as a whole. Terentiev continued:

Overall I think most participants in the event are all striving towards the same mission of cryptocurrency which is to create more economic freedom for the world. So being able to meet up in person helps spread those ideas and flourish across the world.

Data engineer at Bitcoin.com, Bolun Zhang, said of the event: Being a tech guy, Im always interested in keeping up with the latest trends in the industry and exploring cool projects being undertaken by my peers.

$375,000 in prizes were available from myriad industry players and platforms like 1inch Network, Gnosis Chain, Metamask, and more.

At the event, well be building what were calling a decentralized lottery, growth marketing specialist at Bitcoin.com Alun Stern told Bitcoin.com News just prior to the hackathon. The first part of the application is kind of like a reverse lottery in a traditional lottery, one person wins, and everyone else loses. In this system, everyone will win, and one person will lose. The losers funds will get distributed across the winning participants.

Stern explained that the team would be designing the lottery in such a way that the loser would get a rare NFT. The second part of the app works similarly to prediction markets, he said, noting:

Somebody will be able to propose an event, they will assign an arbiter, and they will assign multiple choice options The interesting thing about this is not only are these prediction markets used for people to bet on future outcomes they can also be used to influence the future and basically change the future.

Stern explained that someone willing to pay enough money could bet that an influencer on social media would not promote a project, incentivizing said influencer to do just that.

Ahead of the event, a software engineer on the web team at Bitcoin.com, Julie, emphasized that the hackathon would provide many benefits, including getting people more familiar with the burgeoning world of Web3. She commented:

[The hackathon] will give us an opportunity to share ideas and work with different people on interesting new products that can help users to onboard into the crypto world, as well as help developers hone their skills and dive into Web3 if they didnt have any experience with it before. It will be great to see what everyone comes up with!

The Bitcoin.com team wrapped up the event with an implementation prize from Scroll, a zkEVM-based zkRollup on Ethereum that enables native compatibility for existing Ethereum applications and tools.

What are your thoughts on the ETHGlobal Tokyo hackathon? Have you ever participated in a hackathon before? Be sure to let us know in the comments section below.

Graham Smith is an American expat living in Japan, and the founder of Voluntary Japanan initiative dedicated to spreading the philosophies of unschooling, individual self-ownership, and economic freedom in the land of the rising sun.

Image Credits: Shutterstock, Pixabay, Wiki Commons, ETHGlobal, Graham Smith

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Reverse Engineering the Future: Bitcoin.com Team Members Weigh ... - Bitcoin News

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VTU postpones first semester Engineering exams to April 27 owing to technical glitches in admission approval – The Hindu

Reverse Engineering the Future: Bitcoin.com Team Members Weigh … – Bitcoin News

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