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Exploring the Influential Leadership Legacy of Wilbert T. Lee: A Philippine Congressional Force.

In a world often colored by political machinations and self-serving motivations, Representative Wilbert T. Lee emerges as a luminary of integrity and sincere dedication to the well-being of the Filipino population. His formidable first term in politics is decorated with a multitude of profoundly significant legislative accomplishments, with standout examples being the Philippine Salt Industry Development Act and the New Agrarian Emancipation Act - both indicative of his commitment to catalyzing economic progress and amplifying local communities' agency. Before stepping foot into the realm of politics, Lee was renowned for

Understanding the Nature of Forex Scams

As the name implies, a scam is a deceptive scheme designed to steal your money. This strategy is not exclusive to any specific industry; it's a real threat even within the trading and financial sectors. Among the numerous scams out there, forex trading scams have gained notoriety. There are many ways these schemes operate, and while the methods may vary, the primary goal remains the same: to rob you of your hard-earned cash. Spotting Scams in an Influencer's Promises One of the most common strategies scammers use includes social media

A New Era of Ownership

  Months ago, the mainstream media wrote articles about how crypto was dead and that there would never be another bull run. Wild predictions of Bitcoin going to zero sought to instill fear in people so they would turn away from the markets and invest in more traditional assets. Yet, despite the doomsday prophecies, Bitcoin has surged to new heights, defying expectations even before the halving takes place. The media has quickly forgotten its failed predictions and instead turned its attention to the NFT market, echoing similar skepticism. Several articles

Life DeFi Partners with Alvara Protocol to Integrate ERC 7621 Basket Token Standard

[Seychelles] — In a significant stride towards enhancing DeFi accessibility and functionality, Life DeFi is thrilled to announce a partnership with Alvara Protocol. This collaboration marks the integration of the innovative ERC 7621 standard into Life DeFi’s mobile and Chrome extension wallets, setting a new standard in the DeFi ecosystem. Alvara Protocol introduces a novel approach to managing and investing in digital assets. By allowing users to create, manage, and trade baskets of tokens, it simplifies the investment process, offering a diversified approach directly within Life DeFi’s platforms. Streamlining DeFi

Why is it worth following the trends in the gambling industry?

Gambling is not really a new thing, but it has changed a lot over the years. Today, gambling is largely done online, which has also had a great impact on the entire industry. The industry today has the same trends just like any other industry. But why are these trends also interesting to those who do not necessarily have anything to do with the gambling industry? There are of course many different reasons for this, as you will soon discover. So let's find out why following these trends can be

Analyzing Token Sale Models

Note: I mention the names of various projects below only to compare and contrast their token sale mechanisms; this should NOT be taken as an endorsement or criticism of any specific project as a whole. It's entirely possible for any given project to be total trash as a whole and yet still have an awesome token sale model. The last few months have seen an increasing amount of innovation in token sale models. Two years ago, the space was simple: there were capped sales, which sold a fixed number of

Hard Forks, Soft Forks, Defaults and Coercion

One of the important arguments in the blockchain space is that of whether hard forks or soft forks are the preferred protocol upgrade mechanism. The basic difference between the two is that soft forks change the rules of a protocol by strictly reducing the set of transactions that is valid, so nodes following the old rules will still get on the new chain (provided that the majority of miners/validators implements the fork), whereas hard forks allow previously invalid transactions and blocks to become valid, so clients must upgrade their clients

A Note On Charity Through Marginal Price Discrimination

Vitalik Buterin via the Vitalik Buterin Blog Updated 2018-07-28. See end note. The following is an interesting idea that I had two years ago that I personally believe has promise and could be easily implemented in the context of a blockchain ecosystem, though if desired it could certainly also be implemented with more traditional technologies (blockchains would help get the scheme network effects by putting the core logic on a more neutral platform). Suppose that you are a restaurant selling sandwiches, and you ordinarily sell sandwiches for $7.50. Why did

[Mirror] A Proof of Stake Design Philosophy

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/a-proof-of-stake-design-philosophy-506585978d51 Systems like Ethereum (and Bitcoin, and NXT, and Bitshares, etc) are a fundamentally new class of cryptoeconomic organisms — decentralized, jurisdictionless entities that exist entirely in cyberspace, maintained by a combination of cryptography, economics and social consensus. They are kind of like BitTorrent, but they are also not like BitTorrent, as BitTorrent has no concept of state — a distinction that turns out to be crucially important. They are sometimes described as decentralized autonomous

[Mirror] Quadratic Arithmetic Programs: from Zero to Hero

Vitalik Buterin via the Vitalik Buterin Blog This is a mirror of the post at https://medium.com/@VitalikButerin/quadratic-arithmetic-programs-from-zero-to-hero-f6d558cea649 There has been a lot of interest lately in the technology behind zk-SNARKs, and people are increasingly trying to demystify something that many have come to call "moon math" due to its perceived sheer indecipherable complexity. zk-SNARKs are indeed quite challenging to grasp, especially due to the sheer number of moving parts that need to come together for the whole thing to work, but if we break the technology down piece by piece then