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Best Cloud Storage Providers 2017 Reviewed & Rated

No more email attachments

Large email attachments are a pain, its hard to know if they actually arrive safely at the recipient. As files can be shared with a public link that link can be then sent via email to a recipient where it can be downloaded.

No more awkward file names like final, final-1, final-final

All file versions of a document, presentation, spreadsheet or any file for that matter are stored in the cloud. All parties that have access to that file or folder will always see the current version no matter who edited it last. What used to be an endless chain of new documents whose filename creativity decreased by each version is now combined into one single file.

Knowing that all files are always there, aka file syncing

No matter if youre at the airport, in a caf, a co-working space, traveling, at the office, at home, all crucial files are always available and you dont have to remember to transfer them onto a USB thumb drive or even send yourself an email because files are synced through cloud storage software across your (mobile) devices.

Cloud File Storage for Backups

Cloud file storage services can serve as a quick backup because multiple versions of a single files is both available in the cloud and on other devices. So if a computer meltdown occurs, having a subscription with a cloud storage service allows for quick restoration of lost files.

Online Storage for Collaboration

Certainly one of the major benefits of services like Dropbox is collaboration with a virtual team spread across different continents. All members of a team can have access to a shared folder and upload and download data, so everybody is on the same page with the project status. Even if somebody on the team makes a mistake, most services offer file versioning which means the admin can go back and recover deleted files or even older versions of the same file.

Best Online Storage for Offline access?

Even though they are called cloud storage providers, with the above mentioned file synchronisation, all files are available offline. So working on a project with a weak or non-existing Internet connection is possible. Once re-connected, changes are uploaded automatically.

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Microsoft Takes Path Less Traveled to Build a Quantum …

In the race to commercialize a new type of powerful computer, Microsoft Corp. has just pulled up to the starting line with a slick-looking set of wheels. Theres just one problem: it doesn’t have an engine at least not yet.

The Redmond, Washington-based tech giant is competing with Alphabet Inc.s Google, International Business Machines Corp. and a clutch of small, specialized companies to develop quantum computers machines that, in theory, will be many times more powerful than existing computers by bending the laws of physics.

Microsoft says it has a different approach that will make its technology less error-prone and more suitable for commercial use. If it works. On Monday, the company unveiled a new programming language called Q# pronounced Q Sharp and tools that help coders craft software for quantum computers. Microsoft is also releasing simulators that will let programmers test that software on a traditional desktop computer or through its Azure cloud-computing service.

The machines are one of the advanced technologies, along with artificial intelligence and augmented reality, that Microsoft Chief Executive Officer Satya Nadella considers crucial to the future of his company. Microsoft, like IBM and Google, will most likely rent computing time on these quantum machines through the internet as a service.

D-Wave Systems Inc. in 2011 became the first company to sell a quantum computer, although its technology has been controversial and can only perform a certain subset of mathematical problems. Google and IBM have produced machines that are thought to be close to achieving quantum supremacy the ability to tackle a problem too complex to solve on any standard supercomputer. IBM and startup Rigetti Computing also have software for their machines.

Microsoft, in contrast, is still trying to build a working machine. It is pursuing a novel design based on controlling an elusive particle called a Majorana fermion that no one was sure even existed a few years ago. Engineers are close to being able to control the Majorana fermionin a way that will enable them to perform calculations, Todd Holmdahl, head of Microsofts quantum computing efforts, said in an interview. Holmdahl, who led development of the Xbox and the company’s HoloLens goggles, said Microsoft will have a quantum computer on the market within five years.

We are talking to multiple customers today and we are proposing quantum-inspired services for certain problems, he added.

These systems push the boundaries of how atoms and other tiny particles work. While traditional computers process bits of information as 1s or zeros, quantum machines rely on “qubits” that can be a 1 and a zero at the same time. So two qubits can represent four numbers simultaneously, and three qubits can represent eight numbers, and so on. This means quantum computers can perform calculations much faster than standard machines and tackle problems that are way more complex.

Krysta Svore

Source: Microsoft

Applications could include things like creating new drugs and new materials or solving complex chemistry problems. The killer app of quantum computing is discovering a more efficient way to synthesize ammonia for fertilizer a process that currently consumes three percent of the worlds natural gas, according to Krysta Svore, who oversees the software aspects of Microsofts quantum work.

The technology is still emerging from a long research phase, and its capabilities are hotly debated. Researchers have only been able to keep qubits in a quantum state for fractions of a second. When qubits fall out of a quantum state they produce errors in their calculations, which can negate any benefit of using a quantum computer.

Microsoft says it uses a different design called a topological quantum computer that in theory will create more stable qubits. This couldproduce a machine with an error rate from 1,000 to10,000 times better than computers other companies are building, Holmdahl said.

Reducing or correcting the errors in quantum calculations is essential for the technology to fulfill its commercial potential, said Jonathan Breeze, a research fellow working on advanced materials at Imperial College London.

The lower error rate of Microsoft’s design may mean it can be more useful for tackling real applications — even with a smaller number of qubits perhaps less than 100. Svore said her team has already proven mathematically that algorithms that use a quantum approach can speed up machine learning applications substantially enabling them to run as much as 4,000 times faster. (Machine learning is a type of artificial intelligence behind recent advances in computers ability to identify objects in images, translate languages and drive cars).

“We want to solve today’s unsolvable problems and we have an opportunity with a unique, differentiated technology to do that,” Holmdahl said.

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Microsoft offers developers a preview of its quantum …

The simulator will allow developers to test programs and debug code with their own computers, which is necessary since there really aren’t any quantum computers for them to test their work on yet. Microsoft is also offering a more powerful simulator — one with over 40 logical qubits of computing power — through its Azure cloud computing service. And because the kit is integrated into Microsoft’s Visual Studio developer tool suite, many aspects of the new kit will be familiar.

“What you’re going to see as a developer is the opportunity to tie into tools that you already know well, services you already know well,” Todd Holmdahl, Microsoft’s VP in charge of its quantum effort, said in a statement. “There will be a twist with quantum computing, but it’s our job to make it as easy as possible for the developers who know and love us to be able to use these new tools that could potentially do some things exponentially faster which means going from a billion years on a classical computer to a couple hours on a quantum computer.”

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Researchers create new type of quantum computer | Harvard Gazette

Programming a computer is generally a fairly arduous process, involving hours of coding, not to mention the laborious work of debugging, testing, and documenting to make sure it works properly.

But for a team of physicists from the Harvard-MIT Center for Ultracold Atoms and the California Institute of Technology, things are actually much tougher.

Working in a Harvard Physics Department lab, a team of researchers led by Harvard Professors Mikhail Lukin and Markus Greiner and Massachusetts Institute of Technology Professor Vladan Vuletic developed a special type of quantum computer, known as a quantum simulator, that is programmed by capturing super-cooled rubidium atoms with lasers and arranging them in a specific order, then allowing quantum mechanics to do the necessary calculations.

The system could be used to shed light on a host of complex quantum processes, including the connection between quantum mechanics and material properties, and it could investigate new phases of matter and solve complex real-world optimization problems. The system is described in a Nov. 30 paper published in the journal Nature.

The combination of the systems large size and high degree of quantum coherence make it an important achievement, researchers say. With more than 50 coherent qubits, this is one of the largest quantum systems ever created with individual assembly and measurement.

In the same issue of Nature, a team from the Joint Quantum Institute at the University of Maryland described a similarly sized system of cold charged ions, also controlled with lasers. Taken together, these complimentary advances constitute a major step toward large-scale quantum machines.

Everything happens in a small vacuum chamber where we have a very dilute vapor of atoms which are cooled close to absolute zero, Lukin said. When we focus about 100 laser beams through this cloud, each of them acts like a trap. The beams are so tightly focused, they can either grab one atom or zero; they cant grab two. And thats when the fun starts.

Using a microscope, researchers can take images of the captured atoms in real time, and then arrange them in arbitrary patterns for input.

We assemble them in a way thats very controlled, said Ahmed Omran, a postdoctoral fellow in Lukins lab and a co-author of the paper. Starting with a random pattern, we decide which trap needs to go where to arrange them into desired clusters.

As researchers begin feeding energy into the system, the atoms begin to interact with each other. Those interactions, Lukin said, give the system its quantum nature.

We make the atoms interact, and thats really whats performing the computation, Omran said. In essence, as we excite the system with laser light, it self-organizes. Its not that we say this atom has to be a one or a zero we could do that easily just by throwing light on the atoms but what we do is allow the atoms to perform the computation for us, and then we measure the results.

Those results, Lukin and colleagues said, could shed light on complex quantum mechanical phenomena that are all but impossible to model using conventional computers.

If you have an abstract model where a certain number of particles are interacting with each other in a certain way, the question is why dont we just sit down at a computer and simulate it that way? asked Ph.D. student Alexander Keesling, another co-author. The reason is because these interactions are quantum mechanical in nature. If you try to simulate these systems on a computer, youre restricted to very small system sizes, and the number of parameters are limited.

If you make systems larger and larger, very quickly you will run out of memory and computing power to simulate it on a classical computer, he added. The way around that is to actually build the problem with particles that follow the same rules as the system youre simulating. Thats why we call this a quantum simulator.

Though its possible to use classical computers to model small quantum systems, the simulator developed by Lukin and colleagues uses 51 qubits, making it virtually impossible to replicate using conventional computing techniques.

It is important that we can start by simulating small systems using our machine, he said. So we are able to show those results are correct until we get to the larger systems, because there is no simple comparison we can make.

By Peter Reuell, Harvard Staff Writer | July 3, 2012 | Editor’s Pick

When we start off, all the atoms are in a classical state. And when we read out at the end, we obtain a string of classical bits, zeros, and ones, said Hannes Bernien, another postdoctoral fellow in Lukins lab, and also a co-author. But in order to get from the start to the end, they have to go through the complex quantum mechanical state. If you have a substantial error rate, the quantum mechanical state will collapse.

Its that coherent quantum state, Bernien said, that allows the system to work as a simulator, and also makes the machine a potentially valuable tool for gaining insight into complex quantum phenomena and eventually performing useful calculations. The system already allows researchers to obtain unique insights into transformations between different types of quantum phases, called quantum phase transitions. It may also help shed light on new and exotic forms of matter, Lukin said.

Normally, when you talk about phases of matter, you talk about matter being in equilibrium, he said. But some very interesting new states of matter may occur far away from equilibrium and there are many possibilities for that in the quantum domain. This is a completely new frontier.

Already, Lukin said, the researchers have seen evidence of such states. In one of the first experiments conducted with the new system, the team discovered a coherent non-equilibrium state that remained stable for a surprisingly long time.

Quantum computers will be used to realize and study such non-equilibrium states of matter in the coming years, he said. Another intriguing direction involves solving complex optimization problems. It turns out one can encode some very complicated problems by programming atom locations and interactions between them. In such systems, some proposed quantum algorithms could potentially outperform classical machines. Its not yet clear whether they will or not, because we just cant test them classically. But we are on the verge of entering the regime where we can test them on the fully quantum machines containing over 100 controlled qubits. Scientifically, this is really exciting.

Other co-authors of the study were visiting scientist Sylvain Schwartz, Harvard graduate students Harry Levine and Soonwon Choi, research associate Alexander S. Zibrov, and Professor Manuel Endres.

This research was supported with funding from the National Science Foundation, the Center for Ultracold Atoms, the Army Research Office, and the Vannevar Bush Faculty Fellowship.

By Arthur Goldhammer, Center for European Studies | November 30, 2017

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Microsoft releases quantum computing development kit preview …

At the Microsoft Ignite Conference in September, Microsoft let it be known it was going to be a player in the future of quantum computing, and today the company took another step toward that goal when it released a preview of its quantum computing development kit.

The kit includes all of the pieces a developer needs to get started including a Q# language and compiler, a Q# library, a local quantum computing simulator, a quantum trace simulator and a Visual Studio extension.

This is a preview, so its aimed at early adopters who want to understand what it takes to develop programs for quantum computers, which operate very differently from classical ones. Put in simple terms, with a classical computer, a bit can only exist in a binary state of on or off, whereas with quantum programs a qubit (the quantum equivalent of a bit) can exist in multiple states at the same time. This could open the door to programs that simply couldnt have existed before.

This is but one piece in Microsofts big vision for quantum computing that it discussed at Ignite. Microsofts Krysta Svore told TechCrunchs Frederic Lardinois in September that the idea was to offer a comprehensive full-stack solution for controlling the quantum computer and writing applications for it.

We like to talk about co-development, she said. We are developing those [the hardware and software stack] together so that youre really feeding back information between the software and the hardware as we learn, and this means that we can really develop a very optimized solution, she told Lardinois.

Microsoft clearly wants a piece of the quantum computing action, but they are hardly alone. IBM has had a quantum computing service available for programmers since last year, and last month it had a breakthrough with the release of a 20 qubit quantum computer. The company also announced a 50 qubit prototype.

Other companies working on quantum computing research include Google and Intel and a host of other established companies and startups.

We are still in very early days with this technology and it has a long way to go, but the potential is so great that all of these companies, including Microsoft, want to get in as early as possible to capture developer hearts and minds. Todays release is part of that.

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What Is Cloud Hosting? | GoDaddy – YouTube

What is cloud hosting? This video answers that question and explains what part cloud servers play in delivering quick and innovative cloud hosting. Learn more at: https://www.godaddy.com/pro/cloud-ser….

Are you wondering if your website should be hosted in the cloud? This video explains what cloud hosting is and how to determine if its the right solution for you.

When it comes to hosting, the term cloud can be confusing and misleading. Theres nothing airy or nebulous about it. Like all other types of hosting, cloud hosting relies on very real hardware servers.

But unlike shared and dedicated hosting, where everything thats needed to make your website or application function is housed on a single server or server stack, cloud hosting uses innovative technologies to spread the files, data, resources, bandwidth, and computing operations among multiple servers that are networked to act as one system.

This distributed solution eliminates any single point of failure, provides redundant data storage, and guarantees exclusive use of server resources, such as processing and memory.

Cloud hosting also provides great flexibility and scalability, making it easy to upgrade or downgrade your hosting environment and accommodate for periods of higher or lower traffic.

Another big bonus of cloud hosting is that you pay only for the resources you consume.

All of this makes cloud hosting a powerful solution for large, high-traffic internet sites and applications that require the highest level of performance.

You may have already guessed that managing a cloud hosting solution is not a simple process. It takes the skills of an experienced Linux server administrator or IT professional, so its not a good solution for most small businesses or do-it-yourselfers.

To recap, cloud hosting distributes the files, data, and resources of internet sites and applications among multiple connected servers that operate as a single system. It provides a very high level of flexibility, scalability and performance, but must be managed by an IT pro.

Before you opt for cloud hosting, be sure to weigh its pros and cons against your online needs, budget, and business goals.

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Cloud Hosting by Perry Hosting

We are devoted to offering customercentric hosting services. This is why we give you the opportunity to pick your data center facility location, as per your online marketing strategies. The closer your websites are to your target viewers, the faster loading speeds youll be able to offer them and the higher youll rank in local search results.

Our data center facilities correspond to all industry standards. If you want a reliable Cloud Hosting USA service, you can pick the cuttingedge data center facility in Chicago, USA. If you want a topclass Cloud Hosting Australia service, do check out the data center facility in Sydney, Australia. If you want an excellent Cloud Hosting United Kingdom service, simply choose our Londonbased data center facility. Should you wish to popularize your company on the Russian marketplace or perhaps in the countries in the North of Europe, have a look at our data center in Finland. If you are looking for a good East European cloud hosting service, check our Eastern Europe datacenter in Sofia, Bulgaria. No matter which facility you choose, youll be given a 99.9% network uptime guarantee with all cloud web hosting plans.

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Quantum Computing Is the Next Big Security Risk | WIRED

The 20th century gave birth to the Nuclear Age as the power of the atom was harnessed and unleashed. Today, we are on the cusp of an equally momentous and irrevocable breakthrough: the advent of computers that draw their computational capability from quantum mechanics.

US representative Will Hurd (R-Texas) (@HurdOnTheHill) chairs the Information Technology Subcommittee of the Committee on Oversight and Government Reform and serves on the Committee on Homeland Security and the Permanent Select Committee on Intelligence.

The potential benefits of mastering quantum computing, from advances in cancer research to unlocking the mysteries of the universe, are limitless.

But that same computing power can be used to unlock different kinds of secretsfrom your personal financial or health records, to corporate research projects and classified government intelligence.

Its more than just theoretical: An algorithm formulated by mathematician Peter Shor demonstrates that quantum computers are able to factor large numbers more efficiently than classical computers. Large-number factoring is the foundation of todays encryption standards.

The impact of quantum on our national defense will be tremendous. The question is whether the United States and its allies will be ready.

The consequences of mastering quantum computing, while not as visual or visceral as a mushroom cloud, are no less significant than those faced by the scientists who lit up the New Mexico sky with the detonation at the Trinity test site 72 years ago. In the same way that atomic weaponry symbolized power throughout the Cold War, quantum capability is likely to define hegemony in todays increasingly digital, interconnected global economy.

Unlike traditional computers, which process information in binary bits, quantum computers exploit the ability of quantum bits (qubits) to exist in multiple states simultaneously. This allows them to perform incredibly complex calculations at speeds unimaginable today and solve certain classes of problems that are beyond the grasp of todays most advanced super computers.

Today, quantum computers are beginning to move out of research labs in search of broader investment and applications. In October, Google announced that by the end of this year it expects to achieve quantum supremacythe point at which a quantum computer can outperform a classical computer.

Because nations around the world, including China, are investing heavily in research and development, the world is likely less than a decade away from the day when a nation-state could use quantum computers to render many of todays most sophisticated encryption systems useless.

From academics to the National Security Agency, there is widespread agreement that quantum computers will rock current security protocols that protect global financial markets and the inner workings of government.

Already, intelligence agencies around the world are archiving intercepted communications transmitted with encryption that’s currently all but unbreakable, in the hopes that in the future computing advances will turn whats gibberish now into potentially valuable intelligence. Rogue states may also be able to leverage the power of quantum to attack the banking and financial systems at the heart of western capitalism.

Everyone has seen the damage individual hackers can do when they infiltrate a system. Imagine a nation-state intercepting the encrypted financial data that flows across the globe and being able to read it as easily as you are reading this. Quantum computers are so big and expensive thatoutside of global technology companies and well-funded research universitiesmost will be owned and maintained by nation-states. That means the first quantum attacks are likely to be organized by countries hostile to the US and our allies. Rogue states could read military communiques the way the United States and its allies did after cracking the Nazi Enigma codes.

In short, quantum computing presents both an unprecedented opportunity and a serious threat. The United States must lead this transition, in collaboration with its allies around the world. Whether lawmakers want to think of it as a new Manhattan Project or a race to the moon, the US cannot abdicate leadership in scientific discovery or international security.

The window is closing, fast. It took more than five years and nearly half a trillion dollars for companies and governments to prepare for Y2K, which resulted in a non-event for most people. But, the US is not ready for what experts call Y2Q (Years to Quantum), and the time to prepare is now. Even in a pre-quantum era, the need for quantum-safe encryption is real. Banks, government agencies, insurers, hospitals, utilities, and airlines all need to be thinking now about how to implement security and encryption that will withstand a quantum attack.

On complex, large-scale networks, it can take years to roll out even a relatively straightforward update. Quantum-safe encryption relies on mathematical approaches that even quantum computers have difficulty solving. The challenge is ensuring that every point through which data flows, and even the data itself, is wrapped in quantum-safe security.

Private sector research and development are happening in pockets across North America and among the US’s allies. Google and IBM both have well-publicized programs to build viable quantum computers. At the same time, though, the US and its allies must take practical steps to prepare for the quantum threat. The National Institute of Standards and Technology is working to evaluate quantum-safe cryptographic candidate algorithms. Other organizations like the European Telecommunications Standards Institute and the United Nations International Telecommunications Union are working to ensure our standards for connecting systems continue to evolve to be quantum safe. Companies like ISARA are among a small cadre of cryptographers and programmers building quantum-safe security solutions to help high-risk industries and organizations begin protecting themselves.

Its these kinds of efforts that the US and its allies must collaborate on to align the goals of scientific discovery, technological advancement, and national security. As companies build powerful quantum machines, leaders must simultaneously understand the risks those machines pose and the counter-measures required. Executives in every industry need to understand the implications that quantum computing will have on their legacy systems, and take steps to be ready. At a minimum, that means retrofitting their networks, computers, and applications with encryption that can withstand a quantum attack.

Nowhere is it more vital to begin preparations than with the vast network of governmental systems that do everything from processing Social Security checks to analyzing vast amounts of electronic intelligence.

Whether it was the discovery of fission or the launch of Sputnik, the United States has responded to scientific challenges of the past century with resolve and determination. The US must do the same with quantum computing.

WIRED Opinion publishes pieces written by outside contributors and represents a wide range of viewpoints. Read more opinions here.

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Cryptocurrency Definition | Investopedia

What is a ‘Cryptocurrency’

A cryptocurrency is a digital or virtual currency that uses cryptography for security. A cryptocurrency is difficult to counterfeit because of this security feature. A defining feature of a cryptocurrency, and arguably its most endearing allure, is its organic nature; it is not issued by any central authority, rendering it theoretically immune to government interference or manipulation.

The anonymous nature of cryptocurrency transactions makes them well-suited for a host of nefarious activities, such as money laundering and tax evasion.

The first cryptocurrency to capture the public imagination was Bitcoin, which was launched in 2009 by an individual or group known under the pseudonym Satoshi Nakamoto. As of September 2015, there were over 14.6 million bitcoins in circulation with a total market value of $3.4 billion. Bitcoin’s success has spawned a number of competing cryptocurrencies, such as Litecoin, Namecoin and PPCoin.

Cryptocurrencies make it easier to transfer funds between two parties in a transaction; these transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with minimal processing fees, allowing users to avoid the steep fees charged by most banks and financial institutions for wire transfers.

Central to the genius of Bitcoin is the block chain it uses to store an online ledger of all the transactions that have ever been conducted using bitcoins, providing a data structure for this ledger that is exposed to a limited threat from hackers and can be copied across all computers running Bitcoin software. Many experts see this block chain as having important uses in technologies, such as online voting and crowdfunding, and major financial institutions such as JP Morgan Chase see potential in cryptocurrencies to lower transaction costs by making payment processing more efficient.

However, because cryptocurrencies are virtual and do not have a central repository, a digital cryptocurrency balance can be wiped out by a computer crash if a backup copy of the holdings does not exist. Since prices are based on supply and demand, the rate at which a cryptocurrency can be exchanged for another currency can fluctuate widely.

Cryptocurrencies are not immune to the threat of hacking. In Bitcoin’s short history, the company has been subject to over 40 thefts, including a few that exceeded $1 million in value. Still, many observers look at cryptocurrencies as hope that a currency can exist that preserves value, facilitates exchange, is more transportable than hard metals, and is outside the influence of central banks and governments.

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Altcoin Exchange Performs First Atomic Swap Between Bitcoin …

On October 7, 2017, the decentralized cryptocurrency trading platform Altcoin Exchange announced the team performed the first atomic swap between the Ethereum and Bitcoin blockchains. The exchange says this is the startups first step towards creating a trustless exchange process.

Also Read: Bitcoin Illegal in Nepal? Police Arrest Seven Individuals for Trading Operations

In the cryptocurrency space, atomic swaps are a pretty hot topic, and there are only a few blockchains that have exchanged this way. Atomic swaps allow two parties to transact between two blockchains in a trustless manner without counterparty risk. So far only a few altcoins have performed this function with bitcoin; including currencies like litecoin, decred, and vertcoin. On October 7th the Altcoin Exchange development team processed a swap between both bitcoin and ethereum networks.

We have completed the very first Ethereum Bitcoin atomic swap! More details coming soon, the Altcoin Exchange team announced this week.

The Altcoin Exchange team transferred 0.12345 ETH for 0.12345 BTC using an on-chain open source process. Altcoin Exchange plans to launch the projects Github repository this Tuesday, the companys CEO Andrew Gazdecki told news.Bitcoin.com.

Gazdecki tells us that decentralized exchanges are the future of cryptocurrency trading and atomic swaps will be a big part of the business model. Altcoin Exchange believes the teams demonstration of an atomic swap between ethereum and bitcoin means the centralized trading model is soon to be a memory of the past. Gazdecki explains that atomic swaps will replace traditional exchange transactions with a more secure method and just as speedy.

The team at Altcoin Exchange says they still has some work to do with the code as far as privacy and order matching comes. The group says they are also thankful for the decred development team and Litecoins Charlie Lee for help pioneering the atomic swap effort.

Since June of 2011, 26 exchanges have been compromised, resulting in the loss of millions of dollars worth of coins. To prevent more of these types of hacks, decentralized exchanges are needed, and atomic swaps bring us one step closer to achieving this goal, Gazdecki explains to news.Bitcoin.com.

What makes the technology behind Atomic Swaps so exciting is it allows for nearly instant direct trades between cryptocurrencies. We believe this to be a critical component for creating a truly decentralized exchange that executes transactions at the same speed in which centralized exchanges are able to but without the risk of hacking and theft.

The atomic swaps performed by Altcoin Exchange between the bitcoin and ethereum blockchains can be viewed here with the swap initiation, the participation, and redeem A and redeem B.

What do you think about the first atomic swap between bitcoin and ethereum? Let us know in the comments below.

Images via Shutterstock, the Altcoin Exchange, and Pixabay.

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