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Clash Between General Relativity and Quantum Mechanics Could Be Resolved by New Mathematical Framework – The Debrief

June 13, 2024 | Author: admin

One of the greatest challenges in modern physics involves reconciling apparent conflicts between general relativity and quantum mechanics, which are largely viewed as incompatible due to their differing concepts of space and time.

However, innovative new research is finally suggesting that a resolution to these longstanding differences could be on the horizon, with the introduction of a more advanced mathematical framework that may finally help unite these two fundamental theories.

In general relativity, Einstein envisioned a gently curved spacetime, where time is relative to the perspective of an observer in relation to time and space. By comparison, the realm of quantum mechanics presents a chaotic view of the universe on the microscopic scale, where time is essentially absolute and universal.

Because of these issues, Einstein had a somewhat turbulent relationship with the theory of quantum mechanics, which, ironically, resulted largely from work by Erwin Schrdinger that drew from Einsteins later studies of atoms, molecules, and light. The apparent random chaos inherent in quantum mechanics prompted one of Einsteins most famous axioms, where he expressed that God does not play dice with the universe, also insisting that perfect laws in the world of things existing as real objects seemingly in contrast to the chaotic and unpredictable nature of quantum physics.

However, new research is offering fresh insights into the long-held divide between these differing perspectives of our universe.

According to Einsteins theory, gravity is not a force but emerges due to the geometry of the four-dimensionalspacetime continuum, or spacetime for short, says researcher Sjors Heefer, whose recent Ph.D. research involved studies of gravity that have not only led to new possibilities in gravity wave research but also to a potential reconciliation between the quantum and relativistic worlds.

At the heart of Heefers research, which explores the role of gravity on a universal scale, is the relationship between matter and spacetime. An often relied-on summary of Einsteins general theory of relativity dictates that matter tells spacetime how to curve, and curved spacetime tells matter how to move. However, this well-defined way of explaining gravity in general relativity falls short when it comes to quantum mechanics.

Heefers focus on gravitational waves examines their implications in relativistic terms and quantum mechanics. Gravitational waves arise from the curvature in spacetime that Einstein envisioned and are essentially the ripples caused by massive objects or events like stellar collisions and black holes.

In quantum mechanics, particles differ significantly from the relativistic view in that they can exist simultaneously in multiple states until they collapse at random into a single state when under observation. This mysterious probabilistic nature is observed in all matter and forces in the universe, except for gravity, a fact that presents one of the most significant challenges for modern physicists.

One potential way of resolving the issue would involve an expansion of the current mathematical framework used to describe general relativity. Although traditionally physicists have relied on what is known as pseudo-Riemannian geometry for describing relativistic phenomena, recent research has increasingly pointed to a more advanced mathematical language known as Finsler geometry as being better equipped at expressing the profound oddity of our universe.

In physics, fields describe values at each point in space and time, whereas gravitational fields represent the curvature of spacetime. In his Ph.D. research, Heefer delved into the challenging work of attempting to solve field equations in Finsler gravity, specifically looking at the vacuum field equation of Christian Pfeifer and Mattias N. R. Wohlfarth, an equation that relates to governing the gravitational field in empty space. Specifically, the equation describes the potential shapes spacetime geometry may take when no matter is present.

To good approximation, this includes all interstellar space between stars and galaxies, as well as the empty space surrounding objects such as the sun and the Earth, Heefer said in a recent statement. By carefully analyzing the field equation, several new types of spacetime geometries have been identified.

According to Heefers research, observations of gravitational waves in recent years do appear to complement the hypothesis that spacetime works in accordance with Finsler gravity, presenting an expanded mathematical framework that could potentially also help to reconcile the seemingly disparate worlds of general relativity and quantum mechanics.

While Heefers findings are promising, they represent only the beginning of exploring Finsler gravitys implications, as well as efforts to resolve the relativistic and quantum worlds.

However, Heefer says he is optimistic that our results will prove instrumental in deepening our understanding of gravity, adding that he hopes that with time, they may even shine light on the reconciliation of gravity with quantum mechanics.

Heefers research is outlined in Finsler Geometry, Spacetime & Gravity, recently published by the Eindhoven University of Technology in the Netherlands.

Micah Hanks is the Editor-in-Chief and Co-Founder of The Debrief. He can be reached by email atmicah@thedebrief.org. Follow his work atmicahhanks.comand on X:@MicahHanks.

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Clash Between General Relativity and Quantum Mechanics Could Be Resolved by New Mathematical Framework - The Debrief

Quantum computer photons create a vortex when they collide – Earth.com

June 13, 2024 | Author: admin

Scientists have stumbled upon a remarkable discovery that challenges our understanding of the quantum world. New research revealed the existence of a previously unknown type of vortex that emerges when photons, the elusive particles of light, engage in a mesmerizing dance of interaction.

The implications of this finding extend far beyond the realm of pure science, holding the potential to revolutionize the field of quantum computing.

The research team, led by a brilliant quartet of scientists Dr. Lee Drori, Dr. Bankim Chandra Das, Tomer Danino Zohar, and Dr. Gal Winer embarked on this journey of discovery in the hallowed halls of Prof. Ofer Firstenbergs laboratory at the Weizmann Institute of Sciences Physics of Complex Systems Department.

Their initial goal was to explore efficient ways of harnessing the power of photons for data processing in quantum computers.

Little did they know that their quest would lead them down an unexpected path, into a world where the rules of classical physics are bent and the secrets of the quantum realm are laid bare.

Photons, the fundamental particles of light, are known for their wave-like behavior. However, getting them to interact with each other is no easy feat. It requires the presence of matter that acts as an intermediary.

To create the perfect environment for photon interactions, the researchers designed a unique setup: a 10-centimeter glass cell containing a dense cloud of rubidium atoms, tightly packed in the center.

As photons passed through this cloud, the researchers closely examined their state to see if they had influenced one another.

When the photons pass through the dense gas cloud, they send a number of atoms into electronically excited states known as Rydberg states, Prof. Firstenberg explains.

He goes on to describe how, in these Rydberg states, a single electron within the atom begins to orbit at an astonishing distance, up to 1,000 times the diameter of an unexcited atom.

This electron, with its vastly expanded orbit, generates an electric field so powerful that it envelops and influences countless neighboring atoms, effectively transforming them into what Prof. Firstenberg poetically refers to as an imaginary glass ball.'

As the researchers delved deeper into the interactions between photons, they stumbled upon something extraordinary.

When two photons passed relatively close to each other, they moved at a different speed than they would have if each had been traveling alone. This change in speed altered the positions of the peaks and valleys of the waves they carried.

In the ideal scenario for quantum computing applications, the positions of the peaks and valleys would become completely inverted relative to one another, a phenomenon known as a 180-degree phase shift. However, what the researchers observed was even more fascinating.

When the gas cloud was at its densest and the photons were in close proximity, they exerted the highest level of mutual influence.

But as the photons moved away from each other or the atomic density around them decreased, the phase shift weakened and disappeared.

Instead of a gradual process, the researchers were surprised to find that a pair of vortices developed when two photons were a certain distance apart.

To visualize photon vortices, imagine dragging a vertically held plate through water. The rapid movement of the water pushed by the plate meets the slower movement around it, creating two vortices that appear to be moving together along the waters surface.

In reality, these vortices are part of a three-dimensional configuration called a vortex ring.

The researchers discovered that the two vortices observed when measuring two photons are part of a three-dimensional vortex ring generated by the mutual influence of three photons.

These findings showcase the striking similarities between the newly discovered vortices and those found in other environments, such as smoke rings.

While the discovery of photon vortices has taken center stage, the researchers remain dedicated to their original goal of advancing quantum data processing.

The next phase of their study will involve firing photons into each other and measuring the phase shift of each photon separately.

The strength of these phase shifts could determine the potential for photons to be used as qubits, the basic units of information in quantum computing.

Unlike regular computer memory units, which can only be 0 or 1, quantum bits have the ability to represent a range of values between 0 and 1 simultaneously.

The prevalent assumption was that this weakening would be a gradual process, but researchers were in for a surprise, Dr. Eilon Poem and Dr. Alexander Poddubny, key contributors to the study, reveal.

They go on to describe the astonishing discovery that when two photons reached a specific distance from each other, a pair of vortices spontaneously emerged.

These vortices, characterized by a complete 360-degree phase shift of the photons, featured a peculiar void at their center, eerily reminiscent of the dark, calm eye found at the heart of other well-known vortices in nature.

The journey that led to this discovery spanned eight years and saw two generations of doctoral students pass through Prof. Firstenbergs laboratory.

Over time, the Weizmann scientists successfully created a dense, ultracold gas cloud packed with atoms, enabling them to achieve the unprecedented: photons that underwent a phase shift of 180 degrees or more.

As the research team continues to unravel the mysteries of photon interactions and their potential applications in quantum computing, one thing is certain: their findings have opened up a new realm of possibilities in the world of physics and beyond.

The full study was published in the journal Science.

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Quantum computer photons create a vortex when they collide - Earth.com

New technique could help build quantum computers of the future – EurekAlert

June 13, 2024 | Author: admin

image:

Kaushalya Jhuria in the lab testing the electronics from the experimental setup used to make qubits in silicon.

Credit: Thor Swift/Berkeley Lab

Quantum computers have the potential to solve complex problems in human health, drug discovery, and artificial intelligence millions of times faster than some of the worlds fastest supercomputers. A network of quantum computers could advance these discoveries even faster. But before that can happen, the computer industry will need a reliable way to string together billions of qubits or quantum bits with atomic precision.

Connecting qubits, however, has been challenging for the research community. Some methods form qubits by placing an entire silicon wafer in a rapid annealing oven at very high temperatures. With these methods, qubits randomly form from defects (also known as color centers or quantum emitters) in silicons crystal lattice. And without knowing exactly where qubits are located in a material, a quantum computer of connected qubits will be difficult to realize.

But now, getting qubits to connect may soon be possible. A research team led by Lawrence Berkeley National Laboratory (Berkeley Lab) says that they are the first to use a femtosecond laser to create and annihilate qubits on demand, and with precision, by doping silicon with hydrogen.

The advance could enable quantum computers that use programmable optical qubits or spin-photon qubits to connect quantum nodes across a remote network. It could also advance a quantum internet that is not only more secure but could also transmit more data than current optical-fiber information technologies.

To make a scalable quantum architecture or network, we need qubits that can reliably form on-demand, at desired locations, so that we know where the qubit is located in a material. And that's why our approach is critical, said Kaushalya Jhuria, a postdoctoral scholar in Berkeley Labs Accelerator Technology & Applied Physics (ATAP) Division. She is the first author on a new study that describes the technique in the journal Nature Communications. Because once we know where a specific qubit is sitting, we can determine how to connect this qubit with other components in the system and make a quantum network.

This could carve out a potential new pathway for industry to overcome challenges in qubit fabrication and quality control, said principal investigator Thomas Schenkel, head of the Fusion Science & Ion Beam Technology Program in Berkeley Labs ATAP Division. His group will host the first cohort of students from the University of Hawaii in June as part of a DOE Fusion Energy Sciences-funded RENEW project on workforce development where students will be immersed in color center/qubit science and technology.

Forming qubits in silicon with programmable control

The new method uses a gas environment to form programmable defects called color centers in silicon. These color centers are candidates for special telecommunications qubits or spin photon qubits. The method also uses an ultrafast femtosecond laser to anneal silicon with pinpoint precision where those qubits should precisely form. A femtosecond laser delivers very short pulses of energy within a quadrillionth of a second to a focused target the size of a speck of dust.

Spin photon qubits emit photons that can carry information encoded in electron spin across long distances ideal properties to support a secure quantum network. Qubits are the smallest components of a quantum information system that encodes data in three different states: 1, 0, or a superposition that is everything between 1 and 0.

With help from Boubacar Kant, a faculty scientist in Berkeley Labs Materials Sciences Division and professor of electrical engineering and computer sciences (EECS) at UC Berkeley, the team used a near-infrared detector to characterize the resulting color centers by probing their optical (photoluminescence) signals.

What they uncovered surprised them: a quantum emitter called the Ci center. Owing to its simple structure, stability at room temperature, and promising spin properties, the Ci center is an interesting spin photon qubit candidate that emits photons in the telecom band. We knew from the literature that Ci can be formed in silicon, but we didnt expect to actually make this new spin photon qubit candidate with our approach, Jhuria said.

The researchers learned that processing silicon with a low femtosecond laser intensity in the presence of hydrogen helped to create the Ci color centers. Further experiments showed that increasing the laser intensity can increase the mobility of hydrogen, which passivates undesirable color centers without damaging the silicon lattice, Schenkel explained.

A theoretical analysis performed by Liang Tan, staff scientist in Berkeley Labs Molecular Foundry, shows that the brightness of the Ci color center is boosted by several orders of magnitude in the presence of hydrogen, confirming their observations from laboratory experiments.

The femtosecond laser pulses can kick out hydrogen atoms or bring them back, allowing the programmable formation of desired optical qubits in precise locations, Jhuria said.

The team plans to use the technique to integrate optical qubits in quantum devices such as reflective cavities and waveguides, and to discover new spin photon qubit candidates with properties optimized for selected applications.

Now that we can reliably make color centers, we want to get different qubits to talk to each other which is an embodiment of quantum entanglement and see which ones perform the best. This is just the beginning, said Jhuria.

The ability to form qubits at programmable locations in a material like silicon that is available at scale is an exciting step towards practical quantum networking and computing, said Cameron Geddes, Director of the ATAP Division.

Theoretical analysis for the study was performed at the Department of EnergysNational Energy Research Scientific Computing Center (NERSC) at Berkeley Lab with support from the NERSC QIS@Perlmutterprogram.

The Molecular Foundry and NERSC are DOE Office of Science user facilities at Berkeley Lab.

This work was supported by the DOE Office of Fusion Energy Sciences.

###

Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to delivering solutions for humankind through research in clean energy, a healthy planet, and discovery science. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 16 Nobel Prizes. Researchers from around the world rely on the Labs world-class scientific facilities for their own pioneering research. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energys Office of Science.

DOEs Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visitenergy.gov/science.

Nature Communications

Experimental study

Not applicable

Programmable quantum emitter formation in silicon

27-May-2024

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New technique could help build quantum computers of the future - EurekAlert

Simulating Quantum Circuits with Light-Induced Magnetism – AZoQuantum

June 13, 2024 | Author: admin

Jun 12 2024Reviewed by Lexie Corner

Researchers from the Graz University of Technology have calculated how suitablemolecules can be excited by pulses of infrared light to generate magnetic fields. The research, published in the Journal of the American Chemical Society, will help in the construction of quantum computing circuits.

Molecules exposed to infrared radiation start to vibrate because of the energy source. This well-known phenomenon prompted Andreas Hauser of the Institute of Experimental Physics at Graz University of Technology (TU Graz) to investigate whether these oscillations could also be exploited to produce magnetic fields.

This is due to the positively charged nature of atomic nuclei and the creation of magnetic fields when charged particles move. Andreas Hauser and colleagues have now determined that, when infrared pulses operate on metal phthalocyanines, ring-shaped, planar dye molecules, these molecules generate minuscule magnetic fields in the nm range due to their high symmetry.

The calculations suggest that nuclear magnetic resonance spectroscopy could be used to determine the relatively low but highly accurately localized field strength.

The team used modern electron structure theory on supercomputers at the Vienna Scientific Cluster and TU Graz to calculate how phthalocyanine molecules behave when irradiated with circularly polarized infrared light.

They also drew on preliminary work from the early days of laser spectroscopy, some of which were decades old. The circularly polarized, or helically twisted, light waves excited two simultaneous molecular vibrations at right angles to one another.

As every rumba dancing couple knows, the right combination of forwards-backwards and left-right creates a small, closed loop. And this circular movement of each affected atomic nucleus actually creates a magnetic field, but only very locally, with dimensions in the range of a few nanometers.

Andreas Hauser, Institute of Experimental Physics, Graz University of Technology

According to Andreas Hauser, it is even possible to regulate the magnetic field's strength and direction by carefully adjusting the infrared light. As a result, the molecules would become high-precision optical switches that couldbe utilized to construct quantum computer circuits.

Andreas Hauser is working with colleagues at the TU Graz Institute of Solid-State Physics and a group at the University of Graz to demonstratethat controlled generation of molecule magnetic fields is possible.

For proof, but also for future applications, the phthalocyanine molecule needs to be placed on a surface. However, this changes the physical conditions, which in turn influences the light-induced excitation and the characteristics of the magnetic field, we therefore want to find a support material that has minimal impact on the desired mechanism.

Andreas Hauser, Institute of Experimental Physics, Graz University of Technology

Before testing the most promising versions in experiments, the physicist and his associates wish to compute the interactions between the deposited phthalocyanines, the support material, and the infrared light in a subsequent stage.

Wilhelmer, R., et al. (2024) Molecular Pseudorotation in Phthalocyanines as a Tool for Magnetic Field Control at the Nanoscale. Journal of the American Chemical Society. doi.org/10.1021/jacs.4c01915

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Simulating Quantum Circuits with Light-Induced Magnetism - AZoQuantum

Unifying Quantum Mechanics and Gravity – AZoQuantum

June 13, 2024 | Author: admin

Jun 6 2024Reviewed by Lexie Corner

In a new study published in Advanced Photonics Nexus, an international team of researchers made significant strides in exploring the mysteries of quantum gravity. These findings shed new light on future research aimed at unifying quantum mechanics and general relativity.

This study will help solve one of contemporary physics most fundamental enigmas: reconciling Einsteins theory of gravity with principles of quantum mechanics.

For decades, scientists have been fascinated by the long-standing challenge of unifying these two pillars of physics. This has given rise to many theoretical frameworks, such as string theory and loop quantum gravity. However, without experimental evidence, these notions are theoretical.

How can the quantum nature of gravity be tested? Tangible methods to investigate the quantum behavior of the gravitational field have been developed in the last ten years (by Marletto and Vedral, and Bose et al.). These techniques were based on the idea of gravity-mediated entanglement.

The current study illustrates the concepts of gravity-mediated entanglement using light particles (i.e., photons). It utilizes state-of-the-art tools and techniques from quantum information theory and quantum optics.

The experiment uses photon interaction to simulate the influence of a gravitational field on quantum particles. Surprisingly, the photons' characteristics intertwine while never interacting, demonstrating nonlocality, a fundamental quantum phenomenon.

This entanglement mimics the expected behavior of gravity-induced entanglement and is mediated by another independent photonic feature, offering important new information on the quantum basis of gravity.

Most importantly, the study also tackles the difficulty of identifying the entanglement produced in these experiments. By addressing the limitations and noise sources inherent in such investigations, the researchers pave the way for clarifying concepts and tools for future studies targeted at directly witnessing gravity-mediated entanglement.

Gravity-mediated entanglement experiments can open a new chapter in the understanding of the fundamental properties of the universe.

The implications of this research are profound. It offers an experimental validation for the principles behind future quantum gravity experiments that will serve as litmus tests for competing theoretical frameworks.

Emanuele Polino, Study Author and Postdoctoral Scholar, Sapienza University

This remarkable finding represents a major step forward in understanding the secrets of quantum gravity, as physicists continue to push the frontiers of experimental and theoretical inquiry.

Polino, E., et al. (2024) Photonic implementation of quantum gravity simulator. Advanced Photonics Nexus. doi:10.1117/1.APN.3.3.036011

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Unifying Quantum Mechanics and Gravity - AZoQuantum

Memereum Surpasses 21 Million Tokens Sold in Presale, Pioneers Blockchain-Based Insurance on Binance Smart … – CryptoPotato

June 13, 2024 | Author: admin

[PRESS RELEASE Monaco City, Monaco, June 10th, 2024]

Memereum, a groundbreaking Binance Smart Chain token, is excited to highlight the success of its ongoing presale for its innovative services.

Memereum is designed to offer the first blockchain-based insurance, positioning itself as a potential next 100x crypto investment opportunity due to its robust technology backbone. With over 21 million tokens already sold, the Memereum team is optimistic about Memereums growth potential.

Key Features and Benefits

Memereums blockchain insurance solution and unique offerings distinguish it in the market. For detailed information on key features and benefits, users can visit Memereums website.

Presale Performance

The Memereum team is optimistic about the potential for Memereum to achieve a high return on investment, driven by strong fundamentals, innovative technology, and growing market demand for secure and scalable blockchain solutions. The team sees the sale of over 21 million tokens as a reflection of the strong interest and confidence from Memereums community.

Users can join Memereums presale here.

We are thrilled to highlight the ongoing success of the Memereum presale, which has attracted significant interest from investors worldwide. Our team has developed a product that not only enhances security but also offers extensive utility for various blockchain applications, said Oliver Sanchez, CEO of Memereum. With over 21 million tokens already sold, the presale presents a unique opportunity for early investors to potentially realize significant returns. We are confident in Memereums ability to drive innovation in the cryptocurrency space.

Memereum is a groundbreaking Binance Smart Chain token at the forefront of blockchain technology, dedicated to developing innovative solutions that harness the power of blockchain to solve real-world problems. With a team of experienced professionals and a commitment to excellence, Memereum aims to lead the way in the cryptocurrency and blockchain industry.

MemeSwap First Decentralized Exchange with Insurance Coverage

In addition to its groundbreaking blockchain insurance cryptocurrency, Memereum introduces MemeSwap, the first decentralized exchange with automatic insurance coverage. MemeSwap offers users added security and confidence in their transactions, further enhancing the Memereum ecosystem.

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Memereum Surpasses 21 Million Tokens Sold in Presale, Pioneers Blockchain-Based Insurance on Binance Smart ... - CryptoPotato

Exploring the rise of Binance Coin: factors behind its surging value and future prospects – The National – The National

June 13, 2024 | Author: admin

In recent times, the cryptocurrency market has been beset by volatility, providing a fascinating, yet unpredictable, landscape for those involved. One such crypto that has been making waves recently is the Binance Coin (BNB). Im going to delve into why BNB price is up today and what the future could potentially hold for this cryptocurrency heavyweight.

Binance Coins notable price surge can largely be attributed to a few factors. Firstly, Binance is one of the worlds leading cryptocurrency exchanges, and this naturally contributes to the popularity of its native token, BNB. Theres always an inherent interest in native tokens of top exchanges, and BNB is not an exception to this phenomenon.

Another major factor is the Binance Smart Chain. Binance Smart Chain is an independent blockchain that runs parallel to the Binance Chain and extends its functionality to enable the execution of smart contracts and the staking mechanism for BNB. This has contributed significantly to the BNBs value by increasing its functionality and use cases.

To make an objective prediction for BNBs future, one should examine market trends and speak to experts. That said, its important to remember that even the most careful analysis cant produce absolute certainty in such a volatile market. Based on available information, however, BNB has experienced consistent growth since its inception in 2017, which could suggest a positive future trajectory.

As we all know, the value of crypto does not rest solely on its market price. Its utility plays an equally crucial role. In terms of utility, BNB seems poised for continued success. The Binance Smart Chains increased functionality gives developers an attractive base for new decentralized applications (dApps), a factor that could further drive the popularity and therefore value of BNB.

In the end, the cryptocurrency market is an ever-evolving landscape, colored by sporadic ups and downs. A close eye should be kept on trends and developments, such as those related to Binance Coin. Remember that critical thinking and risk management should always be at the forefront of investment decisions. At the same time, never dismiss the value of information and market analysis. The future is unpredictable but understanding trends and factors can help us navigate through the intriguing world of cryptocurrencies.

Jake Morrison is an insightful cryptocurrency journalist and analyst, renowned for his deep understanding of the volatile and fascinating world of digital currencies. At 30 years old, Jake combines a background in Computer Science, with a degree from a reputable tech college, and a passion for decentralized finance, making him a prominent figure in the crypto journalism landscape.

Starting his career as a software developer with a focus on blockchain technologies, Jake quickly realized that his true calling lay in educating others about the potential and pitfalls of cryptocurrencies. Transitioning to journalism, he now serves as a leading voice for a major online financial news platform, specializing in the crypto category.

Jakes articles are a blend of technical analysis, market predictions, and feature stories on the latest in blockchain innovation. He has a talent for breaking down complex crypto concepts into understandable terms, making his writing accessible to both seasoned traders and crypto novices alike. His coverage spans a wide range, from Bitcoin and Ethereum to lesser-known altcoins, as well as the evolving regulatory landscape surrounding digital currencies.

What sets Jake apart is his critical approach to the hype that often surrounds the crypto space. He emphasizes the importance of due diligence and risk management, providing his readers with the tools they need to navigate the market intelligently. His investigative pieces on crypto scams and security breaches have been instrumental in raising awareness about the importance of security in digital asset investments.

Beyond his writing, Jake is an active participant in crypto conferences and online forums, where he shares his expertise and engages with the community. He also hosts a popular podcast that delves into the latest crypto trends, featuring interviews with leading figures in the blockchain space.

Jakes commitment to transparency and education in the cryptocurrency world has made him a trusted source of information and analysis. Through his work, he aims to foster a more informed and cautious approach to cryptocurrency investment, contributing to the maturity of the space.

France wants to certify smart contractsis it even possible? – CoinGeek

June 13, 2024 | Author: admin

The regulatory arm of the Banque de France, the Autorit de Contrle Prudentiel et de Rsolution (ACPR), wants to certify smart contracts. The First Deputy Governor of the Banque de France recently confirmed that work between it and the ACPR to make that process mandatory is ongoing.

Previously, the ACPR laid out several proposals for regulating decentralized finance (DeFi). These include the aforementioned certification of smart contracts, security standards for private ledgers and public blockchains, and regulating DeFi entry points such as websites.

Certification will be a formal process over and above the smart contract audits that are already commonplace. The ACPR says it wants to encourage innovation while protecting consumers (one of its mandates).

Theres already plenty of debate about whether this is over-regulation and how to tackle composability, where one smart contract is dependent on another. Theres also the question of whether anyone will bother to endure the costs of certification rather than going to another jurisdiction that doesnt require it.

Opinion: Is too much regulation a bad thing?

For much of its existence, the European Union has been criticized for over-regulating almost every industry. Many economists point to its tendency to create rules and regulations for every eventuality as one of the reasons for the Eurozones sluggish economic growth.

However, the last few years have shown us that we can no longer afford to take a Laissez-faire approach to blockchain technology, digital currencies and associated applications like smart contracts. The dozens of bridge hacks and the collapse of the LUNA/UST algorithmic stablecoin, plus the subsequent implosion of FTX and multiple hedge funds, show us that a totally hands-off approach simply does not work.

However, regulators must also be careful not to go too far the other way. A balance must be struck between giving entrepreneurs and innovators the freedom to experiment and over-regulation and the stifling effect it has on industries. The costs of burdensome regulatory compliance can lead to a situation where the big players can afford to play, and the small, scrappy startups (potential future unicorns) are forced to fold or go elsewhere.

The EU has done well to publish the MiCA (Markets in Crypto-Assets) regulations, meaning there can be no debate about regulatory clarity, but it must be careful not to scare off startups and blockchain creators by imposing too many costs associated with regulatory compliance. While the ACPR is strictly a French institution and has no official role in what the EU will do, it did have a large influence on how MiCA turned out. Therefore, what it does may set precedents that have many ripple effects.

It is often said that some regulation is good, but too much regulation is as bad as none. That quote perfectly underscores the balance that must be struck in the blockchain and digital currency industry. Whether smart contract certification crosses the line into overdoing it, only time will tell.

Watch: sCrypt Hackathon students realize theres more to blockchain

New to blockchain? Check out CoinGeeks Blockchain for Beginners section, the ultimate resource guide to learn more about blockchain technology.

France wants to certify smart contractsis it even possible? - CoinGeek

Space and Time Releases Sub-Second ZK Prover under Open Software License – The Cryptonomist

June 13, 2024 | Author: admin

‘Satoshi perjuror’ must be referred to DPP, court hears – Law Gazette

June 13, 2024 | Author: admin

The cryptocurrency entrepreneur whose false claim to be bitcoin inventor Satoshi Nakamoto has filled more than 80 days of court hearings should be prosecuted for perjury, the High Court heard yesterday.

Dr Craig Wright had mounted a five-year campaign of litigation terrorism, Jonathan Hough KC told a one-day hearing following Mr Justice Mellors ruling last month that the Satoshi claim was fabricated. In defending his position Wright produced hundreds of forged documents and made literally thousands of lies under oath, Hough said. If there were ever a case for a referral of the papers to the authorities with a view to prosecution, it is that of Dr Wright in this case.

Court 15 in the Rolls Building was hearing an application for a court order by a US-based trade body whose action resolved the so-called Satoshi identity issue, along with costs applications in four other cases which had hinged on Wrights assertions about the intellectual property in bitcoin.

Hough, for the Crypto Open Patent Alliance (COPA), asked the judge for injunctive relief, including, as well as costs on the indemnity basis:

The draft application also included a request for permission to dispense with personal service as Wright is understood to be out of the country but in contact with his solicitors, City firm Shoosmiths.

For Wright, Craig Orr KC argued that many of the unprecendented terms sought by COPA were unnecessary. Rather, they were motivated by a desire for revenge and a desire to punish and humiliate Dr Wright, he said. Any order barring Wright from repeating his claim to be Satoshi would infringe his article 10 right to free speech, Orr said. He told the judgethat, even following a criminal conviction for a serious crime, it would be unheard of to injunct a defendant against asserting their innocence.

Meanwhile Wright had nointention of threatening or pursuing future proceedings, and no wish to waste time and resources debating the point.

However the court heard that on the very day of the hearing, Wright had posted a YouTube video in which he referred to authoring the seminal Satosh white paper first describing bitcoin.

Scheduling a further hearing next Friday, Mellor said that he would deal with the costs applications before ruling on injunctive relief.

This article is now closed for comment.

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'Satoshi perjuror' must be referred to DPP, court hears - Law Gazette

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Clash Between General Relativity and Quantum Mechanics Could Be Resolved by New Mathematical Framework – The Debrief

Quantum computer photons create a vortex when they collide – Earth.com

New technique could help build quantum computers of the future – EurekAlert

Simulating Quantum Circuits with Light-Induced Magnetism – AZoQuantum

Unifying Quantum Mechanics and Gravity – AZoQuantum

Memereum Surpasses 21 Million Tokens Sold in Presale, Pioneers Blockchain-Based Insurance on Binance Smart … – CryptoPotato

Exploring the rise of Binance Coin: factors behind its surging value and future prospects – The National – The National

France wants to certify smart contractsis it even possible? – CoinGeek

Space and Time Releases Sub-Second ZK Prover under Open Software License – The Cryptonomist

‘Satoshi perjuror’ must be referred to DPP, court hears – Law Gazette

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