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One Ethereum Competitor Is Set To Dramatically Outperform Bitcoin and Altcoin Markets, According to Popular… – The Daily Hodl

A closely followed crypto analyst is telling traders to think twice about trying to short sell one red-hot Ethereum competitor.

The pseudonymous analyst known as Altcoin Sherpa tells his 169,000 followers on Twitter that he expects Terra (LUNA) to wildly outperform Bitcoin every time BTC sees a price spike.

LUNA: Once again, this is a good example of why you shouldnt short this type of coin typically.

Its going to be way stronger than everything else on both up/down moves for BTC. There are way better coins to short than this IMO. I never got my entry unfortunately.

At time of writing, Terra (LUNA) is one of the best performing major crypto assets, currently up over 25% in the last 24 hours.

Looking at Bitcoin, the analyst says hes waiting to see a clean run through the $45,000 range before flipping totally bullish, otherwise a break below $34,000 may also be in play.

BTC: Im still mostly doing nothing until we see a break of these two levels. Still higher lows and lower highs. Good day today but nothing has changed in my eyes. The longer this stays in this area, the more bullish it is IMO.

While Altcoin Sherpa says that hes still open to the possibility of a shake-out scenario for Bitcoin, he also sees early signs of a trend reversal shaping up in BTC.

Also seeing ramped up volatility which is nice to see- its a change from that grind down and also shows a possible end soon. High volatility usually means a potential trend change soon. That said, this is still a high time frame bearish market structure.

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Zcash and Monero Lead Altcoin Rally as Bitcoin Surges Past $42K: Details – U.Today

Tomiwabold Olajide

Altcoin rally led by privacy coins Zcash and Monero as Bitcoin surpasses $42,000

As seen on CoinMarketCap, oldtimer privacy coins Zcash and Monero seem to be leading the altcoin market rally as Bitcoin rose to intraday highs of $42,438 on March 9. Monero (XMR) has added a whopping 20%, which allowed it to reenter the top 40 cryptocurrencies by market capitalization. Zcash (ZEC), another decentralized cryptocurrency focused on privacy and anonymity, is up nearly 15% at press time.

Launched in 2014, Monero aims to allow transactions to take place privately and with anonymity, while Zcash was founded in 2016.

Speaking on the price gains, on-chain analytics firmSantiment says: "Crypto prices are moving the right direction again over the past 24 hours. Bitcoin has risen modestly to above $39.2k once again, and Ethereum is back above $2,600. Notable gainers are ZEC (+16%), TON (+13%), AR (+10%) and XMR (+9%)."

Terra (LUNA) is also up an impressive 19% in the last 24 hours with a total market cap of $35.4 billion. Terra (LUNA) is presently the largest network in terms of total staked value. Presently, more than $31.4 billion in LUNA have been staked directly on multiple platforms, according to cryptocurrency staking statistics service Staking Rewards, outpacing Solana and Cardano.

According to data from CoinMarketCap, Bitcoin was trading at $42,019, up roughly 9%. Other cryptocurrencies, such as Ethereum, also rose sharply.

Bitcoin and other cryptocurrencies surged after the U.S. Treasury reportedly disclosed details of an impending executive order. The Treasury statement was quickly retracted after it was released, but it was widely regarded as positive for the cryptocurrency sector. Traders are still waiting for the final executive order, but a brief Treasury statement that appeared to be pro-crypto was enough to raise confidence.

The executive order, according to Cameron Winklevoss, co-founder of cryptocurrency exchange Gemini, is a "constructive approach to thoughtful crypto regulation."

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Ethereum: Here’s a prolonged perspective to be considered before taking positions – AMBCrypto News

What is it about the largest altcoin that can make an investor bet on it? Well, the fact thatEthereum2.0 deposit address on 10 March exceeded the total number of ETHlocked which stood at 10 million, at the time of writing. Despite this, the market trend hasnt been in favor of ETHs positive price action.

Ethereum, the prime altcoin has been acting as a resource for different platforms. In 2015, the Ethereum network commenced its journey by offering 72 million ETH to around 10,000 Bitcoin addresses who participated in the ICO- distributed across to more than 144.7 million recorded wallets.

Despite brutal redistribution trading hands, a large majority of ETH remained static over the years. Heres a sign of this- the graph below.

As per the graph, only 6.5% of the supply was active in the last 5-7 years. And, only around 0.3% on average daily. Now, its safe to assume the circulating supply of ETH was much lower than generally expected.

Other positive factors included ETHs percentage of supply in Smart Contracts as well as the introduction of EIP-1559. The latter introduced a fee-burning mechanism from the already existing ETH in the supply.

In addition to this, stablecoins consumed a massive part of ETH. The king altcoin was often used to borrow stablecoins in DeFi. Probably the reason why stablecoins were attracting billions of dollars.

At press time, the total market cap of stablecoins accounted for more than $180 billion.

Ethereum has long been criticized for its high gas fee. Well, its interesting to note that Ethereum transaction fees recently dropped to a 6-month low. As per Etherscan.io data, the average cost of transacting on Ethereum at press time was 40 gwei or $2.24.

At press time, unfortunately, ETH suffered yet another correction of 1.20% in 24 hours. It was trading at the $2,562 mark with speculations of further setbacks.

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Cardano: Up by 8%, the full story behind ADA’s latest hike is… – AMBCrypto News

In this recovering market, every altcoin seems to be doing pretty well, including Cardano. However, even though it might be trending north over the last 24 hours or so, the bigger picture for this cryptocurrency might not change anytime soon.

While the exchange and derivates front is doing well sitting in a bullish state, the on-chain performance is still pretty bearish. And, it could be this way for a while since Cardano fell by a massive 71.15% over the last 6 months.

Besides, this isnt the first rally recorded by Cardano that could be invalidated. Just last week, ADA spiked by 12.49% before the rise was invalidated in the next 5 days.

With its recovery efforts getting delayed, already frustrated investors are now going to possibly lose all confidence in the altcoin. Currently, less than 10% of investors are in profit, with about 88% of them being at a loss.

Another reason behind their losses is that most of them, despite being a year old only, joined in due to Cardanos hype of 2021. Fueled by the prospect of smart contracts, ADA managed to gain many investors. Thus, their losses at the moment make sense since ADA is already below its February 2021 levels.

In fact, the only active entities in the last month have been the whales. Throughout the month of February, these cohorts have conducted transactions worth $12 billion on average. Furthermore, the same peaked at $42.2 billion.

At press time, even though ADA had hiked up by 8%, there seemed to be no hope for any long-term, sustainable recovery. Especially given the extensive bearish pressure on the altcoin.

Until January, at least Cardanos Market value was positive. Since then, however, it has slipped below the neutral zone of 1 and is currently at 0.8. This cannot be revived by an 8% hike on the charts.

Finally, the Network value too has dropped significantly across the board.

Additionally, there is the small matter of the RSI and Squeeze Momentum indicators explicit bearishness. Looking at the same, its fair to argue that the latest hike might meet the same fate as its last few upticks.

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Biden’s executive order boosts prospects for cryptocurrency – CBS News

When President Joe Biden signed an executive order aimed at cryptocurrency this week, it marked a pivotal moment in the history of digital currencies, taking bitcoin, ethereum and other crypto tokens a big step closer to someday becoming a legitimate financial option for all Americans, one industry observer told CBS News.

"Joe Biden just gave crypto companies the green light to exist," David Wachsman, the CEO of Wachsman PR in New York, told CBS News Streaming. "What they have to do now is behave responsibly."

Under the executive order, Biden directed the U.S. Department of Treasury and other federal agencies to study the impact of cryptocurrency on financial stability and national security. The order also asked the Federal Reserve to explore whether the central bank should create its own digital currency.

Mr. Biden's executive order has been widely anticipated by the finance industry and crypto traders, as well as lawmakers who have compared today's cryptocurrency market to the Wild West.

Although considered a highly unstable form of money by most financial experts, bitcoinreached its highest price point last year, in part because more companies began accepting it as a form of payment. Some athletes and politicians are nowreceiving parts of their salaryin crypto, while Wall Street has created exchanged-traded funds around crypto futures.

Once the price of bitcoin, ethereum and others started to skyrocket, crypto companies made splashy moves.Coinbase went public on the Nasdaq last Apriland Crypto.com aired a widely seen commercial featuring Hollywood star Matt Damon.

Despite the risks of wild price swings, roughly 40 million people in the U.S. have invested in cryptocurrencies, surveys show. About 43% of men between ages 18 and 29 have put money into crypto, according to Pew Research data.

Wachsman said Mr. Biden's order shows that the president understands the potential of digital currencies.

"We just heard Joe Biden say that cryptocurrencies can be important for the future of the U.S. economy," he said. "And he didn't just mean the rich people on top, the investors. He meant the middle class and the working class."

The price of the most popular cryptocurrencies including bitcoin, solana and ripple either fell or remained flat during trading activity Friday.

The Associated Press contributed to this report.

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Khristopher J. Brooks is a reporter for CBS MoneyWatch covering business, consumer and financial stories that range from economic inequality and housing issues to bankruptcies and the business of sports.

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U.S. Treasury Department stresses that Russia sanctions extend to cryptocurrency – Reuters

A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/

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WASHINGTON, March 11 (Reuters) - The U.S. Treasury Department's Office of Foreign Assets Control (OFAC) issued new guidance on Friday clarifying that U.S. citizens and digital asset firms are required to comply with sanctions against Russia, even when facilitating transactions in cryptocurrency.

OFAC said in the guidance that people in the United States as well as businesses that deal in cryptocurrency, "must be vigilant against attempts to circumvent OFAC regulations" and should "take risk-based steps to ensure they do not engage in prohibited transactions."

The warning comes as many in the crypto industry are responding to concerns from some lawmakers that digital assets could be used to circumvent Western sanctions imposed on Russia following its invasion of Ukraine. read more

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Biden administration officials have said that they do not believe Russia would be able to use cryptocurrency to completely evade sanctions, but are still warning companies to be on the lookout.

In guidance issued on Monday, the Financial Crimes Enforcement Network (FinCEN) said crypto exchanges must report any suspicious activity, but Friday's notice goes further by stating plainly that exchanges are prohibited from engaging in or facilitating illegal transactions.

The major crypto exchanges, including Coinbase and Binance, have not heeded calls to block Russian users, as some Ukrainian officials have called for.

Alex Bornyakov, Ukraine's deputy minister of digital transformation, told Reuters that crypto exchanges that choose to remain in Russia will face public backlash unless they reverse course. read more

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Reporting by Hannah Lang;Editing by Sandra Maler

Our Standards: The Thomson Reuters Trust Principles.

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Philadelphia house that mines cryptocurrency for sale – On top of Philly news – Billy Penn

Love Philly? Sign up for the free Billy Penn newsletter to get everything you need to know about Philadelphia, every day.

If the Disney Channel Original Movie Smart House came out today, the villainesque home would have Amazon Alexas embedded in the walls, use too much artificial intelligence, and somehow mine Bitcoin.

At one West Philly home, one of those futuristic home improvements is coming true.

A new listing at 835 N. 42nd St. in Belmont has three bedrooms, lots of natural light, outdoor space and a built-in cryptocurrency miner designed to generate passive income for the homeowner.

How it works: the miner is an inconspicuous black box that runs on Helium, a new cryptocurrency connected to the internet of things, the network that connects smart fridges, smart toasters, and other high-tech appliances. In this instance, the device connects to an antenna and a wifi router, and borrows bits of your internet bandwidth to mine crypto.

The more the Helium hotspot is used, the more crypto youll earn. You can follow along with your progress on an app, and experts say the new coin might be more environmentally friendly than other crypto.

When Billy Penn toured the house last weekend, the hotspot was mining $2.75 worth of cryptocurrency a day, which means it could net about $80 a month at Heliums current value. The hotspot only costs $1.50 a month in terms of electricity, which means its pretty easy to churn a profit at least according to Mark Masih, the realtor on the listing.

You can get a more real world estimate using a Helium explorer app, which will tell you there are currently 7 Helium hotspots in the neighborhood. Most are inactive, but the two that are running earned $16 and $25 last month, respectively.

Asia Hightower is a 42-year-old first time home-buyer who lived in Belmont for nearly 30 years before moving slightly west. When she saw Masihs listing, her first impression was Thats a nice house.

She liked the location, the finishes, and the brightness of the interior. But what really left an impression was the Helium hotspot.

It shocked the hell out of me. Once I realized what Mark was doing, I thought it was so forward thinking, Hightower told Billy Penn. It would be like walking into a savings account.

For Masih, its not about how much money the house generates, but what it represents: an opportunity for modern financial literacy.

In recent months, crypto has been called the currency of the alt-right, as white supremacists groups like the Daily Stormer turned to the decentralized tender to avoid financial oversight. And while 44% of cryptocurrency traders are people of color, theres a growing fear that a lack of access might box them out of future earnings.

There are a lot of demographics who might miss out on it, Masih said, and I want whoever buys this house and takes its value in to be someone who might not traditionally know about crypto.

In Belmont, a majority Black neighborhood, the median household income is a little over $25,000. The average sale price right now for a home in the area is about $97,000.

Masihs listing is going for $239,000. No one has made an offer yet, but that hasnt stopped him from thinking about the ideal buyer or how negotiations might go.

The order of importance is someone from the neighborhood, then someone who represents the neighborhood, said Masih. And if someone who fits that profile came in a little under asking [price], Id still prefer to sell to them.

Maish has been a real estate professional on and off for 8 years, and he works with Compass Realty, selling homes in West Philly, Kensington, and Fishtown.

Hightower fits his profile of the ideal buyer: from the area, open-minded, and excited about crypto. After she received her first round of stimulus checks during the pandemic, she bought $200 worth of Bitcoin and Etherum because it was trendy. Since then, shes diversified her portfolio a bit and earned back her initial investment.

Hightower says she sees the value in the home, but can imagine why older community members might not be interested.

An interactive map from the City Controllers Office reveals at least three gun violence hotspots within the neighborhood. Many residents are concerned that housing redevelopment and gentrification arent the right solutions. Hightower herself moved out.

For lots of long-time residents, better means flight. It means getting out of the neighborhood, said Hightower. After a while you get jaded and tired of the things that come along with living in this community.

On the environmental side, traditional Bitcoin mining is energy intensive. Large mining setups burn more electricity than some countries, while each individual transaction uses enough electricity to power the average American household for 6 weeks.

Helium hotspots just like the one in this West Philly house might end up being a sustainable alternative for those looking to get into decentralized finance, says PennFuture Director Rob Altenburg, who has examined the impact of crypto mining on Pennsylvanias environment.

What we dont like about Bitcoin is the wastefulness baked into it, Altenburg told Billy Penn. Helium could be a good alternative, since it doesnt have this wasteful proof of work system.

Because Helium more or less runs on ethernet, its energy consumption is much lower in comparison to Bitcoin.

Masih, the realtor, is cautious about whether or not the Helium hotspot will help sell the house, let alone solve any major environmental or economic problems.

I dont want someone to buy the house for the miner, Maish said. Helium is a token. It can fall apart next week.

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Hire a writer and a lawyer before releasing a cryptocurrency white paper – TechCrunch

In theory, crypto white papers are staid, scientific documents intended to describe a complex, precise method for creating unique blockchain products.

In practice, however, white papers are frequently a marketing play intended to help crypto startups generate earned media. Even so, they are still very much in demand in certain situations.

To find out which types of white papers resonate with potential supporters and investors, I asked a number of crypto creators: What does an effective white paper look like in 2022, and is it still a hard requirement?

The short answer is yes, but a number of changes in the industry are reshaping the way participants and investors look at white papers. Traditional scientific white papers are falling by the wayside, replaced by documents that read more like a well-designed financial prospectus.

Weve seen a number of white papers in the form of PowerPoint-style decks or even videos. Regardless of format, to achieve the main goal of defining what kind of product you are building, this document will require input from a wide variety of stakeholders.

For tokenized securities, for example, white paper authors must work with a legal team to ensure that they are accurately describing a projects parameters and regulatory compliance. If its a fintech product that doesnt hold client crypto or fiat currency, they can afford to be slightly less regimented. That said, in some cases, a white paper will be an integral part of startup strategy.

Many financial parents or exchanges are not licensed to offer securities, which is why they would look at the white paper or token-issuing memorandum during their due diligence, said Yana Afanasieva, CEO and founder of Competitive Compliance.

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Putin overestimated ability to bypass sanctions with cryptocurrency, FBI boss says – Washington Examiner

FBI Director Christopher Wray said Thursday that the Russians "highly overestimated" their ability to circumvent international sanctions through the use of cryptocurrency.

Wray added that there have been some "very significant seizures" of Russian-owned cryptocurrency since Russian President Vladimir Putin launched his invasion of Ukraine in late February.

"The Russians' ability to circumvent the sanctions with cryptocurrency is probably highly overestimated on the part of maybe them and others," Wray said Thursday during a hearing before the Senate Intelligence Committee. "We are, as a community and with our partners overseas, far more effective on that than I think sometimes they appreciate."

BIDEN TO ISSUE CRYPTO EXECUTIVE ORDER AMID FEARS OF RUSSIA EVADING SANCTIONS

"We have built up significant expertise both at the FBI and with some of our partners, and there have been some very significant seizures and other efforts that I think have exposed the vulnerability of cryptocurrency as a way to get around sanctions," Wray added.

Wray's comments were an apparent dig at cryptocurrency critics such as Sen. Elizabeth Warren, a Massachusetts Democrat, who has labeled digital decentralized currencies a threat to national security and has suggested Russian oligarchs are actively bypassing economic sanctions through their use.

"We're going after two things: trying to squeeze the Russian economy and also trying to squeeze those oligarchs, right? The problem is, we're doing that only through the formal banking system, Warren said Tuesday. Those oligarchs can move a lot of money or store a lot of money or hide a lot of money through crypto.

Warren warned Treasury Secretary Janet Yellen in a letter last Wednesday that Russian actors may use cryptocurrency as a tool for sanctions evasion.

Strong enforcement of sanctions compliance in the cryptocurrency industry is critical given that digital assets, which allow entities to bypass the traditional financial system, may increasingly be used as a tool for sanctions evasion," Warren said in the letter, which was also signed by Senate Intelligence Committee Chairman Mark Warner, Banking Committee Chairman Sherrod Brown, and Armed Services Committee Chairman Jack Reed.

Republican lawmakers have also expressed concern that Russians may leverage cryptocurrencies to evade sanctions.

Cryptocurrency is rearing its ugly head here, Sen. Lindsey Graham said last week. "As you sanction the [Russian] central bank, which is a good thing, I worry about how the cryptocurrency could be used by the Russians to stay afloat.

But a Treasury Department official told NBC News on Tuesday that Russians won't find cryptocurrency an effective tool to evade sanctions.

It will be extremely challenging to evade our sanctions without detection, the unnamed official told NBC News. "Treasury has been significantly increasing its ability to track virtual currency transactions via partnerships across the [federal government] and with the private sector."

Coinbase, the largest cryptocurrency exchange in the United States, announced Monday it blocked 25,000 accounts linked to Russian people and entities that the company believed to be "engaging in illicit activity."

Coinbase Chief Legal Officer Paul Grewal explained that cryptocurrency transactions are "traceable, permanent, and public" and that digital assets "have properties that naturally deter common approaches to sanctions evasion."

President Joe Biden signed an executive order Wednesday ordering the federal government to create assessments and action plans to mitigate the risks that illicit use of digital currencies pose to the financial and national security sectors.

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

Biden's order also accelerates the research and development of an official U.S. Central Bank Digital Currency "should issuance be deemed in the national interest."

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What is Schrdinger’s Cat and why is everyone trying to kill it? – Interesting Engineering

There are few thought experiments in science as famous as Schrdinger's Cat, even though most people couldn't explain it to you if they tried.

It's not that the implications of the thought experiment are opaque. In fact, the implications of the thought experiment are the one thing that almost everyone knows: that Schrdinger's Cat is both alive and dead at the same time.

But what does that even mean? What chain of logic could possibly lead to that kind of result?

Fortunately, you don't need a degree in physics to understand what Schrdinger was getting at with his thought experiment, and even Albert Einstein praisedSchrdinger for devising such a simple illustration of some of the more confusing parts of quantum mechanics.

So, in short, don't worry. The Schrdinger's Cat thought experiment isn't nearly as complicated as many seem to believe, and properly understandingSchrdinger's Cat is an essential part of grasping the fundamental features of the bizarre quantum realm of physics.

ErwinSchrdinger was a Nobel Prize-winning Austrian physicist who was instrumental in developing many of the fundamental aspects of quantum theory.

Other than his well-known thought experiment,Schrdinger is most famous for his wave equation, which is used to calculate the wave function of a quantum system at different points in time.

Even though he played such a large role in its formation,Schrdinger didn't always agree with his fellow quantum theorists. In fact, many of the ideas that they proposed for quantum mechanics sounded preposterous toSchrdinger, especially one of quantum mechanics' most famous features: superposition.

Quantum superposition is a feature of quantum mechanics where a particle can exist in more than one quantum state, and it is only when a particle is measured that its definite state can be determined.

Understandably, this adds a layer beneath physical reality that strikes many people as either counterintuitive or painfully obvious.

On the one hand, it hardly seems revolutionary to say that you can't determine a particle's state until you measure it. You can't determine your height until you measure it either, so what's the big deal?

The difference between the two is that you are a certain height, whether you measure it or not. If your height had the quantum property of superposition, you would not have a definite height at all prior to measurement.

Generally speaking, you would have an entirely even chance of being in any given measurable state, so if we restricted that to just the five-foot range, you would have a 1-in-12 chance of being five feet and one inch tall,five feet and two inches tall, and so on, but you wouldn't be any of those heights until we measured you.

This latter part cuts against our own lived experience since we never encounter something in our day-to-day lives that exist in such a superposition. When you descend in scale enough to be dealing with individual atoms and even smaller particles, not only is superposition possible, it's been verified time and again over the decades.

The Copenhagen Interpretation of quantum mechanics isn't one thing specifically, but an assortment of ideas about quantum theory that are closely associated with two major founders of quantum mechanics, Neils Bohr and Werner Heisenberg.

What matters for us is the idea that Bohr postulated in the 1930s that a quantum particle and the instrument used to measure that particle do not act independently of each other, but rather become inextricably linked in the process of taking the measurement.

This has led to the common generalization that a particle "knows" that it is being watched and responds to the presence of an observer by defining its state so it can be measured.

This directly contradicts very basic principles of classical physics and logic, and it's what so flummoxedSchrdinger that he developed his famous thought experiment to show just how absurd that idea is.

In order to show that a particle can't be linked to the observer on a quantum level,Schrdinger devised the idea of a diabolical device in a box. Inside the box, there isSchrdinger's Cat, as we now know it, but there is also a Geiger counter wired to a hammer.

There is also a sealed glass bottle containing poison gas and a tiny amount of a radioactive substance. Quantumly, that substance can either decay or not decay at any given moment.

If the substance decays, the Geiger counter detects the radiation and triggers the hammer to break the glass bottle, releasing the gas into the box, which would in turn kill the cat.If the substance does not decay, nothing happens and the cat remains alive.

But, because of the principle of superposition, the substance can both decay and not decay, so the Geiger counter is both smashing the bottle and not smashing the bottle, andSchrdinger's cat is both alive and dead, all at the same time.

The Copenhagen interpretation would therefore imply that it isn't until the experiment is observed by opening the box that the quantum state of decay or not decay is decided, so it is only after opening the box that the true fate of the cat inside is settled.

This question is exactly whatSchrdinger was getting at with his thought experiment. The implications of the Copenhagen interpretation simply aren't logical when applied to his cat in a box.

The proposed outcome does not match our reality, and so Schrdinger and other opponents of the Copenhagen interpretation argued that it was straying away from science and entering the world of philosophy and metaphysics.

An important distinction that needs to be made is thatSchrdinger was not saying that quantum superposition isn't real.

He was trying to illustrate that the human observers of the experiment are not the deciding factor, since any interaction with a particle in superposition by just about anything can count as an observation in the quantum sense.

Long before a human ever opens the box, the fate ofSchrdinger's cat had already been decided by the Geiger counter.

Of the Copenhagen interpretation, Einstein, writing toSchrdinger in 1950, said;

this interpretation is, however, refuted, most elegantly by your system of radioactiveatom + Geiger counter + amplifier + charge of gun powder + cat in a box, in which the[quantum wave-function] of the system contains the cat both alive and blown to bits. Is the state of thecat to be created only when a physicist investigates the situation at some definite time?Nobody really doubts that the presence or absence of the cat is something independentof the act of observation.

As Dr. Christopher Baird, an assistant professor of physics at West Texas A&M University writes: 'quantum state collapse is not driven just by conscious observers, and 'Schrodinger's Cat' was just a teaching tool invented to try to make this fact more obvious by reducing the observer-driven notion to absurdity. Unfortunately, many popular science writers in our day continue to propagate the misconception that a quantum state (and therefore reality itself) is determined by conscious observers."

So now you know the real story behindSchrdinger's cat, but don't worry, quantum mechanics is weird enough without having to resort to a feline multiverse.

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