Crypto Currency

‘Mirror Worlds’ Creator Wants to Displace Facebook—With Blockchain

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.On Thursday, Gelernter published a post on Medium declaring his grievances against our favorite social media overlord, Facebook. He’s directing his ire into a new company called Revolution Populi, a social network that emphasizes individual data ownership and democratic rule by its users. Hence the patriotic…

Gregory Barber covers cryptocurrency, blockchain, and artificial intelligence for WIRED.

On Thursday, Gelernter published a post on Medium declaring his grievances against our favorite social media overlord, Facebook. He’s directing his ire into a new company called Revolution Populi, a social network that emphasizes individual data ownership and democratic rule by its users. Hence the patriotic timing. “For me, this is an opportunity to take some action on a public issue that I think is really important,” he tells me. “Who owns the cyber landscape? Do we all own it, or do five incredibly rich people in California?” Gelernter’s message to those of us living under Facebook’s imperial rule is “Join or die.”

For now, though, Revolution Populi exists as four men each with the title cofounder—a former Goldman Sachs vice president, a doctor-entrepreneur, and a PR executive, plus Gelernter—and a rather tempestuous whitepaper. Technical details are … scant. So scant that, after much pondering, it’s difficult to piece together exactly what Gelernter, who holds the title “chief visionary officer,” is proposing. Other than to say that yes, it will be “on the blockchain.”

Gelernter has built a reputation for being ahead of the technological curve, starting with his work in parallel computing and data mining, and later as a pioneer of the social web. In a 1997 profile in WIRED, he described a vision for 21st-century computer science that would center on human interaction. It would be as dependent on design and social science, Gelernter said, as any technical improvements.

His project at the time (along with PhD student Eric Freeman) was a social network called Lifestream. It took the form of a digital timeline of life’s totality—a perpetual stream of documents and messages that could be arranged, sorted, and shared with others. Lifestream was popular among colleagues in his Yale department, Gelernter says, but attempts to commercialize the technology sputtered. A godfather of modern social networks watched from afar as Silicon Valley upstarts grew into giants. “I’ve been on the sid

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Crypto Currency

XRP Price Prediction: Bitcoin Dominance Puts $1.30 Support at Risk

TLDR: XRP trades at $1.30, down 7.21% over seven days, with $1.30-$1.32 serving as key support. Vuori Trading identifies $1.39 as the next resistance and $1.87 as a potential breakout target. Cryptoinsightuk prefers a lower XRP entry near $1.22, with liquidity extending toward $1.20. Rising Bitcoin dominance could pressure XRP and other altcoins if capital

TLDR: XRP trades at $1.30, down 7.21% over seven days, with $1.30-$1.32 serving as key support. Vuori Trading identifies $1.39 as the next resistance and $1.87 as a potential breakout target. Cryptoinsightuk prefers a lower XRP entry near $1.22, with liquidity extending toward $1.20. Rising Bitcoin dominance could pressure XRP and other altcoins if capital […]
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Crypto Currency

Bitcoin Analysts Are More Bullish Now Than at the Start of the 2023 Bull Market: CryptoQuant

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Is being too bullish actually good for the crypto market…
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Crypto Currency

Crypto Weekly Recap: Why Bitcoin Fell, Ledger Hack and MSCI Risk for Strategy

TLDR Bitcoin fell to about $79,800 on October 15 after higher-than-expected US inflation data, then rebounded. Tampered Ledger hardware wallets were used to steal an estimated $90 million. MSCI’s new index rules could affect Strategy and other companies that hold mostly crypto. Circle’s USDC became the first stablecoin to get the EU’s top e-money token

TLDR Bitcoin fell to about $79,800 on October 15 after higher-than-expected US inflation data, then rebounded. Tampered Ledger hardware wallets were used to steal an estimated $90 million. MSCI’s new index rules could affect Strategy and other companies that hold mostly crypto. Circle’s USDC became the first stablecoin to get the EU’s top e-money token […]
The post Crypto Weekly Recap: Why Bitcoin Fell…
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Crypto Currency

Crypto ETFs Lose $610 Million as Ethereum Outflows Overtake Bitcoin

TLDR U.S. crypto ETFs saw $610.7 million in net outflows from Oct. 12 to Oct. 16, down from $1.29 billion the week before. Ethereum funds lost $320.1 million, with BlackRock’s iShares Ethereum Trust making up $299 million of that. Bitcoin funds lost $228.4 million, even after a $175.7 million Tuesday…

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