TheDinarian
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September 02, 2022
✖️ The XRP ECOSYSTEM & Bank Of America Hiring Ripple Skilled Positions✖️

This XRP ecosystem includes known companies and applications that are using or have announced they will be using the digital asset XRP.

And then there is this from June of 2022:
Bank of America hiring employees with “Ripple skill” for Treasury Data Platform

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September 30, 2024
👀 Former Head of the FBI confirms that 9/11 was orchestrated at the highest level by the U.S. Government 🤔

Former Head of the FBI confirms that 9/11 was orchestrated at the highest level by the U.S. Government. Oklahoma city bombing, JFK, RFK assassinations, World Trade Center and Child Sex Trafficking by the Military, CIA and Politicians.

https://x.com/iluminatibot/status/1840506304042795437?s=19

00:20:23
September 24, 2024
💥 Theta Edge Node for Android September 25, 2024 💥

A little reminder about the @Theta_Network Edge Node for Android mobile devices from @ThetaEuroCon before its imminent launch.
https://x.com/stateoftheta/status/1838677567676817442?s=19

00:05:25
September 24, 2024
🇺🇸 US Congressman Tom Emmer: "We could not have had a more historically destructive or lawless chairman of the SEC."

🇺🇸 US Congressman Tom Emmer tells SEC Chair Gary Gensler "Your inconsistencies on this issue have sent this country back. We could not have had a more historically destructive or lawless Chairman of the SEC." 👀"

00:02:08
🔥 The Theta Ecosystem Is Scaling Up Rapidly 🔥

Theta Ecosystem is scaling up rapidly as the leading provider of decentralized cloud infrastructure for AI, media and entertainment. From EdgeCloud AI customers to video platform partners, to enterprise validator nodes, the best names in the business look to Theta!

https://x.com/Theta_Network/status/1836872665220452402

🚨This needs to go far and wide to put pressure on the government to do the right thing and save lives🚨

A Post from 10/2/2024

This evening, from a Peak Prosperity member to me via PM at my site:
Them: I can’t post this online because it’s not quite public yet, 👉 but government officials had a town meeting with all of the residents of chimney rock and basically told them the town was being bulldozed, bodies and all and the land was being seized by the federal government they would not be able to move back and basically their homes the ones that were standing were no longer theirs and the federal government owned it all. I don’t know what crazy play for land this is, but there’s a lot of conspiracy about lithium mines and let me just tell you, as someone who lives in Charlotte and has friends who live in the area of Western North Carolina, they are not being helped and this is actually being a stand down operation by federal government

Me: What the heck…? That's quite disturbing. Is this first-hand, second-hand, or more distant info?

Them: Our friend owns an Airbnb in Chimney Rock. ...

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🔥Ripple Receives In-Principle Approval from the Dubai Financial Services Authority (DFSA)🔥

Ripple received in-principle approval from the DFSA to expand services from the DIFC. This allows Ripple to introduce cross-border payment services, including Ripple Payments Direct, in the UAE.

As the first blockchain-enabled payment services provider licensed by the DFSA, Ripple aims to strengthen its global footprint and offer faster, cost-effective solutions.

The approval aligns with UAE's vision to become a leading crypto and fintech hub. Ripple holds over 55 licenses worldwide and continues to prioritize regulatory compliance to support blockchain adoption in financial services.

https://ripple.com/ripple-press/ripple-receives-in-principle-approval-from-the-dubai-financial-services-authority/

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🛑 Bank of America says widespread outage is nearly fixed 🛑

(Bank of America’s customer support has acknowledged the issue, labeling it as a "technical glitch" that they are actively working to resolve. This disruption comes just one day after the implementation of Basel III, adding to the growing concerns surrounding the stability of the banking system.Know what you hodl... #XRP #XLM #XDC ~Dinarian Note)

Bank of America customers reported having trouble accessing their bank accounts on Wednesday, but the bank said the apparent glitch has been largely fixed.

Reports about a problem at Bank of America spiked around 12:45 pm ET on Downdetector, which collects data on outages.

Many customers complained they could not see their account balances. Some who could access their accounts were startled to see zero balances.

In a statement to CNN, Bank of America acknowledged that “some clients are experiencing an issue accessing their accounts and balance information today.”

“These issues are being addressed and have largely been resolved,” Bank of America said. “We apologize for any inconvenience.”

Bank of America declined to specify what caused the problem. It’s not clear when all systems will be fully back to normal.

18,611 Bank of America accounts could not log into their accounts online on Wednesday afternoon. A message displayed for one Bank of America customer said the current balance amount for one or multiple accounts “may be temporarily unavailable.”

“Five accounts show zero balance, over 20K,” one Bank of America customer on Downdetector wrote.

Another said he can’t log in but his wife can and her accounts display no balance.

“Shows my debt just fine tho,” another user said.

 

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The Next Wave of AI Is Mobile
AI is moving beyond tech giants as everyday smartphones take on complex computing tasks, says Mitch Liu, CEO of Theta Labs.

AI has an insatiable appetite for resources. It consumes vast amounts of power and data, with estimates of 460 terawatt hours in 2022 that are projected to increase sharply by 2026 to somewhere between 620 and 1,050 TWh. But, its most voracious demand is for compute: the processing power that fuels the training of complex models, the analysis of massive datasets, and the execution of large-scale inferences.

This computational hunger has reshaped many of our professional landscapes. In 2024, the global AI market surpassed $184 billion, with projections suggesting it could pass $800 billion by 2030 – a value comparable to the current GDP of Poland. ChatGPT, the industry’s most well-known product, famously reached 100 million active users within just two months of its launch in November 2022.

Yet, as AI products like ChatGPT multiply and grow, our perception of how AI operates is quickly becoming outdated. The popular image of AI – with sprawling data centers, enormous energy bills, and controlled by tech giants – no longer tells the whole story. This view has led many to believe that meaningful AI development is the exclusive domain of well-funded corporations and major tech companies.

A new vision for AI is emerging, one that looks to the untapped potential in our pockets. This approach aims to democratize AI by harnessing the collective power of billions of smartphones worldwide. Our mobile devices spend hours idle each day, their processing capabilities dormant. By tapping into this vast reservoir of unused compute power, we could reshape the AI landscape. Instead of relying solely on centralized corporate infrastructure, AI development could be powered by a global network of everyday devices.

Untapped potential

Smartphones and tablets represent an enormous, largely untapped reservoir of global compute power. With 1.21 billion units predicted to be shipped in 2024 alone, the true potential of spare compute this offers is hard to, well, compute.

Initiatives  like Theta EdgeCloud for mobile aims to harness this distributed network of consumer-grade GPUs for AI computation. This shift from centralized computing to edge computing is a technical evolution that is capable of completely reinventing the way people interact with and power AI models.By processing data locally on mobile devices, the industry stands to achieve far lower latency, enhanced privacy, and reduced bandwidth usage. This approach is particularly crucial for real-time applications like autonomous vehicles, augmented reality and personalized AI assistants. The edge is where new AI use cases will take off, especially those for personal usage. Not only will powering these programs become more affordable on the edge, but it will also become more reactive and customizable, a win-win for consumers and researchers alike.

Blockchains are designed perfectly for this distributed AI ecosystem. Their decentralized nature aligns seamlessly with the goal of harnessing idle compute power from millions of devices worldwide. By leveraging blockchain technology, we can create a secure, transparent, and incentivized framework for sharing computational resources.

The key innovation here is the use of off-chain verification. While on-chain verification would create bottlenecks in a network of millions of parallel devices, off-chain methods allow these devices to work together seamlessly, regardless of individual connectivity issues. This approach enables the creation of a trustless system where device owners can contribute to AI development without compromising their security or privacy.

This model draws on the concept of "federated learning," a distributed machine learning method that can scale to vast amounts of data across mobile devices while protecting user privacy. Blockchain provides both the infrastructure for this network and the mechanism to reward participants, incentivizing widespread engagement.

The synergy between blockchain and edge AI is fostering a new ecosystem that's more resilient, efficient, and inclusive than traditional centralized models. It's democratizing AI development, allowing individuals to participate in and benefit from the AI revolution directly from their mobile devices.

 

Overcoming tech challenges

AI training and inference can be done on a range of GPU types, including consumer grade GPUs in mobile devices. The hardware that powers our mobile devices has been steadily improving since smartphones hit the market, and shows no signs of slowing down. Industry leading mobile GPUs such as Apple’s A17 Pro and Qualcomm’s Adreno 750 (used in high-end Android devices like Samsung Galaxy and Google Pixel) are redefining what AI tasks can be completed on mobile devices.

Now, new chips known as Neural Processing Units (NPUs) are being produced that are specifically designed for consumer AI computation, enabling on-device AI use cases while managing the heat and battery power limitations of mobile devices. Add intelligent system design and architecture that can route jobs to the optimal hardware for that job, and the created network effect will be extremely powerful.

While the potential of edge AI is immense, it still comes with its own set of challenges. Optimizing AI algorithms for the diverse array of mobile hardware, ensuring consistent performance across varying network conditions, addressing latency issues, and maintaining security are all critical hurdles. However, ongoing research in AI and mobile technology are steadily addressing these challenges, paving the way for this vision to become reality.

 

Corporations to communities

One of the biggest complaints, and most just, as it relates to the development of AI is the incredible amount of power it consumes. Large data centers also require huge swaths of land for their physical infrastructure, and incredible amounts of power to stay online. The mobile model can alleviate many of these environmental impacts by using spare GPU in pre-existing devices – rather than relying on GPU in centralized data centers – is more efficient, and will produce less carbon emissions. The potential impacts as it relates to our environment cannot be understated.

The shift to edge computing in AI will also fundamentally change who can participate in supporting AI networks and who can profit off them. The corporations that own the data centers will no longer be in a walled garden. Instead, the gates will be open and access will be proliferated for individual developers, small businesses, and even hobbyists that will be empowered to run AI networks.

Empowering a much larger pool of users and supporters will also enable more rapid and open development, helping to curb the much discussed and much feared idea of stagnation in the industry. This increase in accessibility will also lead to more diverse applications, addressing niche problems and underserved communities that may be otherwise overlooked.

The economic impact of this shift will be profound. By allowing individuals and small to medium sized organizations to monetize their devices' idle computing power, new revenue streams will run deep. It also opens up new markets for consumer-grade AI hardware and edge-optimized software.

The future of AI innovation lies not in building larger data centers, but in harnessing the power that already exists in our pockets and homes. By shifting focus to edge computing, a more inclusive, efficient, and innovative AI ecosystem can emerge. This decentralized approach not only democratizes AI but also aligns with global sustainability goals, ensuring that the benefits of AI are accessible to all, not just a privileged few.

 

👉 Start earning $Tfuel, Download your Theta Edge Node in the Google Play store today!

 

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👀 Crypto group COPA launches bid to stop blockchain ‘patent trolls’ 👀
The Cryptocurrency Open Patent Alliance has launched a campaign targeting “patent trolls,” arguing that they block the path to crypto innovation.

Crypto advocacy group the Cryptocurrency Open Patent Alliance (COPA) and the patent-focused organization Unified Patents have launched a campaign against “patent trolls” targeting blockchain and crypto tech.

COPA said in an Oct. 1 blog post that the pair launched the “Blockchain Zone,” a campaign to target patents under the control of non-practicing entities (NPEs), which covers a slew of technology from non-fungible tokens (NFT), wallets and smart contracts.

COPA said the partnership will aim to protect blockchain firms and developers from “unwarranted and costly” legal claims by patent trolls, or NPEs, who use the high costs of a court battle to negotiate a settlement.

Patent trolls, or hoarders, are entities that hold patents with the aim of profiting from them by licensing them or suing those who use them without permission. They typically don’t use the patent themselves.

According to Unified Patents, these entities accounted for 58% of all patent litigation in the United States last year and targeted tech companies 95% of the time.

“Patent trolls are barriers in the path of innovation,” said Coinbase’s legal chief, Paul Grewal. “They must be stopped so that the community can continue to do the important business of building the crypto-economy.”

Unified Patents CEO Kevin Jakel said the partnership ensures the crypto sector “won’t be hindered by the all-too-common baseless patent assertions affecting other sectors of the economy.”

The crypto space has had its share of alleged patent trolls. In September, advocacy body the DeFi Education Fund (DEF) moved to cancel a patent “linking offchain data to a blockchain” owned by True Return Systems, who had filed actions against crypto protocols MakerDAO (now Sky) and Compound Finance for infringement.

DEF bought the patent from True Return in August as part of a settlement agreement, which ended its claims against Sky and Compound.

Meanwhile, the crypto domain name service Ethereum Name Service (ENS) is challenging a patent granted to its rival Unstoppable Domains — which says it made tech that uses blockchain to determine domains — claiming it pioneered the tech.

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