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Why is Bitcoin better? Let her count the ways. – Marketplace

Bitcoin has surged over the last several months, thanks to Tesla adding $1.5 billion worth of bitcoin to its balance sheet and interest from asset managers like BlackRock. But last week, Treasury Secretary Janet Yellen issued a warning about the volatile cryptocurrency, saying it is an extremely inefficient way of conducting transactions.

Marketplace host Kai Ryssdal called Laura Shin, host of the video/audio series Unchained and one of the first reporters to cover crypto assets full time. She spoke with Ryssdal about what its like to cover Bitcoin right now, and why shes so interested in the cryptocurrency. The following is an edited transcript of their conversation.

Kai Ryssdal: Is the theory behind Bitcoin then not ever that its going to be a usable currency? That Im going to be able to walk down the street and buy a six pack of beer with it?

Laura Shin: Well, so there are different people with different theories. Famously, the first person to make a transaction that then put a value on a bitcoin spent 10,000 bitcoins on a couple pizzas, which is like hundreds of millions of dollars that he spent on those two pizzas if you use the price today. So, you know, at the moment where bitcoiners would say that were in an adoption phase, probably people arent going to be spending it in that way. However, they do envision a world where people are on a sort of Bitcoin standard, or its a world of what they call hyper-bitcoinization, and people transact in bitcoin and they think in bitcoin rather than thinking in dollars, and so instead of saying bitcoins trading at $44,000, or whatever it was, its just like one bitcoin is one bitcoin.

Ryssdal: Wow, Im not sure how I can wrap my brain around that. Should we just stop paying attention to Bitcoin for a little while?

Shin: Well, when you say that, I dont know what you mean or why you would ask that. Because to my mind, as a journalist covering this, this is the most interesting thing Ive ever covered. I cant imagine stopping. Paying attention to this is definitely the most fascinating thing Ive ever watched.

Ryssdal: Say more about that. Because look, your enthusiasm is infectious and I get it, but it seems detached from everyday life in this economy.

Shin: So when you really understand the technology of Bitcoin, or any cryptocurrency, well, not any but, you know, some of the more legitimate ones, you realize, Wow, this truly is a far superior form of money than any other money weve ever had purely on the technological level.

Ryssdal: Why? Why is it better?

Shin: Its more fungible, its more divisible, its more portable. Its just more transparent. But certainly, when I learned about this technology, I just realized this is going to change everything. And I really think were going to look at huge disruptions in finance over the coming decade, which were starting to see the glimmers of.

Ryssdal: What is the good that comes from Bitcoin for the nonfinancial types for whom this is still a holy cow, what is Bitcoin thing? Whats the good that comes from this for a regular person in this economy right now, if any?

Shin: Well, I mean, literally, this moment, Im not quite sure. But over time, these technologies would enable a lot more financial transactions to happen more cheaply. Theres a lot of remittance companies right now that charge something like 30% of a transaction, depending on which countries youre sending the money to and from. You know, if theyre obscure enough countries, they will take a huge chunk. But if youre going to send bitcoin from one obscure country to another, its the same fee for everybody. Its not charging you, you know, separately for that. And theres an opportunity for it to bank the unbanked. Because all you need is an ability to hold these digital coins. And clearly, obviously, theres going to be a lot of education that will need to happen, because the one thing that unfortunately a lot of people have learned the hard way is that digital assets do not function like digital objects that were used to dealing with. And they do not function the way that the normal financial system does, where you can call the bank or credit card and ask them to reverse the transaction.

Ryssdal: Right. Thats the key part. Thats the point, right? And thats the thing thats gonna take some time for people to wrap their brains around. Its just different, right?

Shin: Yes. Its like cash. But digital.

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BTC Branded ‘the Most Portable Asset’ as 420k Bitcoins Used as Collateral in Q4 of 2020 Finance Bitcoin News – Bitcoin News

According to the findings of a joint Arcane Research and Bitstamp study, bitcoins unique characteristics, which include it being the most portable asset, are the likely contributing factors behind the increasing use of the crypto as a collateral asset.

This is evidenced by the studys data which shows that approximately 420,000 bitcoins were used as collateral in various loans in the lending markets in Q4 of 2020. This figure is nearly double the 213,000 bitcoins that were used as collateral in Q4 of 2019.

In another boost to the case as the best collateral asset, the study findings suggest when compared to traditional assets like government bonds and cash-based securities, the leading crypto asset is unrivaled. For instance, the findings assert that only bitcoin (BTC) is an asset without both counterparty risk and credit risk. Additionally, BTC is available for trading 24/7, 365 days a year, all over the world.

In touting the superiority of some of these characteristics, the Arcane Research and Bitstamp study states:

Bitcoin can be transferred around the world, instantly, at almost no cost, any time of the day, and any day of the year, and with full finality. No other assets can match these properties today, making bitcoin the perfect collateral asset for the future.

Meanwhile, despite the crypto assets immense potential, the study findings suggest that BTC only accounts for a minuscule of the $20 trillion collateral market today. To illustrate this fact, the researchers from Arcane Research estimates that around 625,000 BTC are used as collateral in the crypto market today, or approximately $30 billion.

According to the researchers, this number is based on estimations of collateral held in the derivatives market, in relation to bitcoin collateralized lending and tokenized BTC in decentralized finance (defi). When compared to the total collateral market, this number suggests that bitcoin collateral only accounts for 0.15% of the total collateral market today.

Nevertheless, the study still asserts that BTCs share of this market is growing rapidly and that the potential for a trillion-dollar market remains.

What is your view concerning BTCs share of the total collateral market? Tell us what you think in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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FDCTech Accepts Payment in Bitcoin (BTC) as Market Acceptance of Digital Currency as a Medium of Exchange Grows Rapidly – Yahoo Finance

Irvine, CA, March 03, 2021 (GLOBE NEWSWIRE) -- FDCTech, Inc. ("FDC" or the "Company," OTCQB: FDCT), a fintech company with a full suite of FX technology and business solutions, today announced that it is accepting Bitcoin (BTC) as a customer payment option. This initiative will allow non-US customers to seamlessly pay technology and software development fees while avoiding the financial intermediaries and transaction fees associated with payment using local currencies. To those customers choosing to pay in Bitcoin, FDC will offer discounts for any invoice over ten thousand ($10,000). The ease of cross-border payments via BTC also reduces the set-up time for non-US customers.

The Company sees several benefits to adopting BTC as a payment method faster payment, decreased chargebacks and reduced transaction fees. The overall transaction fees can rise to 4% of the invoice amount if paid through bank cards via a third-party. Further, the Company may avoid the costs associated with managing multiple currency accounts for non-US customers. As more and more clients adopt and accept cryptocurrency, the Company expects cash flow to benefit from faster settlement and significantly reduced credit risks since bitcoin payments require funds to be present in digital wallets at the time of the payment.

The Company expects to expand its services in developing economies where the uncertainty of Covid brings the potential for currency volatility. For businesses operating in these countries, the use of bitcoin, a digital currency with a universal settlement, offers an attractive alternative to holding currency balances that may be subject to adverse movements in local currencies.

FDCTech is a business based in the United States, and as such, holds most of its liquid assets in US-dollars at an FDIC-insured institution.

FDCTech, Inc.

FDCTech, Inc. ("FDC"), formerly known as Forex Development Corporation, is a US-based, fully integrated financial technology company. FDC delivers trading technology solutions to forex market participants looking to access the retail and institutional spot forex markets.

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Press Release Disclaimer

Some of the statements in this press release may be forward-looking statements or statements of future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third-party. Therefore, in no case whatsoever will Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.

Contact Media RelationsFDCTech, Inc.info@fdctech.comwww.fdctech.com+1 877-445-6047200 Spectrum Drive, Suite 300, Irvine, CA, 92618

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Bitcoin vs. gold: Is cryptocurrency or a mineral a better hedge against inflation? – WRAL Tech Wire

Inflation concerns have led to more volatility in the stock and bond markets of late. That should be good news for gold, a tangible asset with a limited supply that often does well in times of inflation. Central banks can always print more money. Miners cant just magically create more gold.

But gold has recently lost some of its luster thanks to a new financial kid in town: bitcoin. Gold prices are down about 9% this year and are trading nearly 15% below the all-time high of more than $2,000 an ounce set last summer.

Meanwhile, bitcoin has soared nearly 70% and is currently hovering just below $50,000 per coin not far from the record high it reached last month.

Still, fans of gold think the yellow metal is due for a rebound even if bitcoin continues to march higher as well.

Gold is a classic fear trade. Prices rallied last year on worries about coronavirus lockdowns crippling the global economy. But gold also does well when investors are worried about inflation as they are now.

Up, up, up Bitcoins collectively now worth more than $1 trillion

Plus, the price volatility of bitcoin may make it less attractive than gold to many big institutions looking to protect their cash, despite recent decisions by the likes of Tesla and MicroStrategy to hold bitcoin on their balance sheets.

Investors need a serious hedge against inflation, and bitcoin may not offer that, said Ipek Ozkardeskaya, senior analyst with Swissquote, in a recent report.

Some investors think inflation fears could run rampant again if the US Senate passes President Joe Bidens proposed $1.9 trillion stimulus package. There are questions about whether that much money is really needed now that there are multiple Covid-19 vaccines and more people are returning to work.

The worry is that all the federal stimulus money will eventually cause the economy to overheat, leading to even higher inflation. That, in turn, could boost gold prices further.

The reason that we see higher gold prices is also mainly because the US House passed the stimulus package. We have a real fear of higher inflation, Naeem Aslam, chief market analyst with AvaTrade said in a report, adding that more stimulus will only fuel the fire of inflation.

Analysts at European asset manager Amundi are also concerned about a sudden spike in inflation due to higher interest rates as the US economy recovers.

They argue that investors need to stay vigilant and get ahead of this inflation scenario and that buying gold is one way to do so.

Gold could also provide support amid abundant liquidity in the current environment, the Amundi analysts wrote in a report.

Analysts from UBS Global Wealth Management also said in a report Tuesday that the recent pullback in gold looked overdone and that spikes in market uncertaintiescould offer support in the short run.

Still, a gold rebound doesnt have to coincide with a bitcoin pullback. In fact, cryptocurrencies could continue be a good bet at a time when bond yields are expected to keep climbing.

Gold is good for slightly higher inflation but not necessarily much higher real interest rates, said Brad Neuman, director of market strategy at Alger, in an interview with CNN Business.

Neuman said that although inflation is often accompanied by rising rates, the problem is that rates can spike dramatically and hurt the returns on gold. That might be one of the reasons it has lagged bitcoin lately.

As such, Neuman thinks bitcoin as well as crypto-related companies such as PayPal, which now allows users to trade and hold bitcoin on the platform could be even better bets than gold.

Bitcoin backers also point out that the cryptocurrency likely will remain popular with investors who view it as a store of value during times of inflation just like gold.

The biggest reason bitcoin has surged this year probably has more to do with the fact that investors have come to recognize that the cryptocurrency is even more scarce than gold or other precious metals.

There is a cap of just 21 million bitcoins built into its source code. And roughly 18.6 million are already in circulation.

There is a finite number of coins. That is why bitcoin can replace gold, said Steve Ehrlich, CEO of Voyager Digital, a cyptocurrency brokerage firm. It really is more like digital gold and not necessarily a medium for payment.

Most consumers are unlikely to use gold or bitcoin to actually buy anything, but both assets could wind up being investment winners at a time when consumer prices are rising.

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Max Dilendorf Serves as a Bitcoin Expert Witness in USCIS EB-5 Green Card Adjudication Proceedings – PRNewswire

NEW YORK, March 3, 2021 /PRNewswire/ -- The United States Citizenship and Immigration Services (USCIS) has frequently denied EB-5 applications that list Bitcoin exchange-traded-funds as a legitimate "source of funds". Yet, in an unprecedented approach that included forensic reporting analysis, attorney Max Dilendorf provided an expert legal opinion and due diligence report proving that a green card applicants' source of funds met the standards to be qualified under this program.

Because USCIS only requires a "preponderance of evidence" showing the legal acquisition of investment funds in EB-5 petitions and offers little guidance for applicants whose funds originated in cryptocurrency, Dilendorf's confirming evidence was a significant achievement.

The Dilendorf Law Firm, NYC's top law firm for the digital age, represented several clients in EB-5 matters with the USCIS concerning the clients' EB-5 investments funded with cryptocurrencies. By submitting blockchain and cryptocurrency expert reports in these cases, the firm has provided evidence to support the legitimate "source of funds".

The firm's clients were software engineers and early cryptocurrency adopters who, in the opinion of the crypto compliance law firm, are legally qualified for obtaining EB-5 investor green-cards, as there was little doubt on the legality of the source of the clients' cryptocurrency funds.

Dilendorf's legal opinions and blockchain forensic reports, as submitted to the USCIS, included an expert assessment of the following:

Max Dilendorf, Esq. is also a top forensic Bitcoin and crypto expert witness. His expertise has also made him one of the top cryptocurrency consultants for Fortune 500 companies. Mr. Dilendorf's recent speaking engagements have included the Thailand SEC, IBM, Berkshire Hathaway, and New York University, to name a few.

Recently, Dilendorf Law Firm released an article providing additional use cases where cryptocurrency expert witness opinions may be critical. https://dilendorf.com/resources/cryptocurrency-bitcoin-expert-witnesses.html and another article about their forensic capabilities within the blockchain and crypto space https://dilendorf.com/blockchain-crypto/blockchain-forensic-experts.html

Max Dilendorf

Dilendorf Law Firm PLLC 85 Broad Street, 27th Floor

New York, NY 10004 T. 212.457.9797 [emailprotected]

[Attorney Advertising]

SOURCE Dilendorf Law Firm

dilendorf.com

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This Is the Fastest Random-Number Generator Ever Built – Scientific American

Researchers have built the fastest random-number generator ever made, using a simple laser. It exploits fluctuations in the intensity of light to generate randomnessa coveted resource in applications such as data encryption and scientific simulationsand could lead to devices that are small enough to fit on a single computer chip.

True randomness is surprisingly difficult to come by. Algorithms in conventional computers can produce sequences of numbers that seem random at first, but over time these tend to display patterns. This makes them at least partially predictable, and therefore vulnerable to being decoded.

To make encryption safer, researchers have turned to quantum mechanics, where the laws of physics guarantee that the results of certain measurementssuch as when a radioactive atom decaysare genuinely random.

A popular way to tap into quantum randomness is to exploit fluctuations in how photons are emitted by the materials used in lasers. Typical laser devices are designed to minimize these fluctuations to produce light of steady intensity: they make the light waves bounce around inside the material to force its atoms to emit more and more photons in sync with each other.

But for random-number generation, researchers aim for the opposite. We want the intensity to fluctuate randomly, so we can digitize the intensity to generate random numbers, says Hui Cao, an applied physicist at Yale University in New Haven, Connecticut.

Cao and her team made their laser materiala translucent semiconductorin the shape of a bow tie. Photons bounce between the curved walls of the bow tie multiple times, before coming out as a scattered beam. The researchers can then capture the light with an ultrafast camera. They recorded the light output of 254 independent pixels, which together produced random bits at a rate of around 250 terabits per second, or 250 terahertz. Thats several orders of magnitude faster than previous such devices, which recorded only one pixel at a time. Their results were reported inScienceon 25 February.

The invention represents a major leap in performance of random-number generators, says Krister Shalm, a physicist at the US National Institute of Standards and Technology in Boulder, Colorado.

The fastest existing computers have clock speeds measured in gigahertz, which is much too slow to fully exploit the full power of Caos device. The set-up could be made smaller by using simpler light detectors instead of a high-speed camera. This could eventually yield practical devices small enough to fit on a single computer chip, says Cao. These could have useful applications, such as encryption technology on mobile phones.

This article is reproduced with permission and was first published on March 2 2021.

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New research indicates the whole universe could be a giant neural network – The Next Web

The core idea is deceptively simple: every observable phenomenon in the entire universe can be modeled by a neural network. And that means, by extension, the universe itself may be a neural network.

Vitaly Vanchurin, a professor of physics at the University of Minnesota Duluth, published an incredible paper last August entitled The World as a Neural Network on the arXiv pre-print server. It managed to slide past our notice until today when Futurisms Victor Tangermann published an interview with Vanchurin discussing the paper.

The big idea

According to the paper:

We discuss a possibility that the entire universe on its most fundamental level is a neural network. We identify two different types of dynamical degrees of freedom: trainable variables (e.g. bias vector or weight matrix) and hidden variables (e.g. state vector of neurons).

At its most basic, Vanchurins work here attempts to explain away the gap between quantum and classical physics. We know that quantum physics does a great job of explaining whats going on in the universe at very small scales. When were, for example, dealing with individual photons we can dabble with quantum mechanics at an observable, repeatable, measurable scale.

But when we start to pan out were forced to use classical physics to describe whats happening because we sort of lose the thread when we make the transition from observable quantum phenomena to classical observations.

The argument

The root problem with sussing out a theory of everything in this case, one that defines the very nature of the universe itself is that it usually ends up replacing one proxy-for-god with another. Where theorists have posited everything from a divine creator to the idea were all living in a computer simulation, the two most enduring explanations for our universe are based on distinct interpretations of quantum mechanics. These are called the many worlds and hidden variables interpretations and theyre the ones Vanchurin attempts to reconcile with his world as a neural network theory.

To this end, Vanchurin concludes:

In this paper we discussed a possibility that the entire universe on its most fundamental level is a neural network. This is a very bold claim. We are not just saying that the artificial neural networks can be useful for analyzing physical systems or for discovering physical laws, we are saying that this is how the world around us actually works. With this respect it could be considered as a proposal for the theory of everything, and as such it should be easy to prove it wrong. All that is needed is to find a physical phenomenon which cannot be described by neural networks. Unfortunately (or fortunately) it is easier said than done.

Quick take: Vanchurin specifically says hes not adding anything to the many worlds interpretation, but thats where the most interesting philosophical implications lie (in this authors humble opinion).

If Vanchurins work pans out in peer review, or at least leads to a greater scientific fixation on the idea of the universe as a fully-functioning neural network, then well have a found a thread to pull on that could put us on the path to a successful theory of everything.

If were all nodes in a neural network, whats the networks purpose? Is the universe one giant, closed network or is it a single layer in a grander network? Or perhaps were just one of trillions of other universes connected to the same network. When we train our neural networks we run thousands or millions of cycles until the AI is properly trained. Are we just one of an innumerable number of training cycles for some larger-than-universal machines greater purpose?

You can read the paper whole paper here on arXiv.

Published March 2, 2021 19:18 UTC

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Physics – The Tiniest Superfluid Circuit in Nature – Physics

February 25, 2021• Physics 14, 27

A new analysis of heavy-ion collision experiments uncovers evidence that two colliding nuclei behave like a Josephson junctiona device in which Cooper pairs tunnel through a barrier between two superfluids.

The Josephson effect is a remarkable example of a macroscopic quantum phenomenon, in which, without an applied voltage, current flows between two superconductors separated by a thin film of normal material. In this structure, called a Josephson junction, the current is due to the quantum tunneling of paired, superconducting electrons (so-called Cooper pairs) [1]. For decades, nuclear physicists have hypothesized that similar effects can occur on much smaller scales, since atomic nuclei could be regarded as superfluids consisting of paired nucleons. Recent experiments have supported this hypothesis, delivering hints that two colliding nuclei could be described as a Josephson junction in which entangled neutron pairs play the role of Cooper pairs (Fig. 1) [2, 3]. Now, Gregory Potel from Lawrence Livermore National Laboratory in California and colleagues have put these ideas on firmer ground [4]. Analyzing tin-nickel collisions from previous experiments, they found that experimental observables offer compelling signatures that two nuclei indeed form, for a split second, a Josephson junction.

The orderly motion of gigantic ensembles of correlated electron pairs makes superconductors behave as a single objecta macroscopic quantum state called a condensate. The condensate is characterized by its density and phase, and the latter plays the same role as the orientation of magnetic moments in a ferromagnet: an isolated ferromagnet can be rotated at no energy cost, but two ferromagnets with different orientations affect each other. Similarly, according to quantum mechanics, the phase doesnt have implications for a single condensate. But if two condensates are sufficiently close, a Cooper-pair current, whose magnitude depends on the phase difference, may flow from one condensate to the other. A striking feature of this effect is that electric current may flow without a driving voltage.

There may be other systems in Nature where this effect occurs, and atomic nuclei, which can be regarded as superfluid ensembles of nucleons, are good candidates. This idea appeared among nuclear physicists as early as the 1970s [5]. In the 1980s and 1990s, several experiments indicated an enhanced probability of neutron-pair transfer between colliding nucleia possible manifestation of the Josephson effect. But the evidence for this interpretation wasnt compelling. There were doubts, in particular, about whether ensembles of nucleons are sufficiently large to be treated as a pair condensate. Superconductivity is an emergent phenomenon: It appears when dealing with a huge number of particles but vanishes when the system is broken down into smaller constituents. But can we consider a nucleus made of about 100 nucleons a huge ensemble of particles? Can we expect that two nuclei in close proximity exhibit a Josephson effect?

The study by Potel and his colleagues provides strong arguments for affirmative answers to these questions. The researchers analyzed data from previous experiments in which tin-116 ( 116Sn) nuclei were collided with nickel-60 ( 60Ni) [2]. With energies between 140.60 and 167.95 MeV, these collisions are gentle: they allow the nuclei to overcome just enough of the Coulomb repulsion to get sufficiently close to exchange a few neutrons at most. Under such conditions, two reactions are possible: the transfer of one neutron and the transfer of two neutrons, producing 115Sn+61Ni and 114Sn+62Ni, respectively. The case of two-neutron transfer is particularly interesting, as it may carry signatures of the correlated pairing of neutrons in the nuclei.

The team devised a way to uncover the experimental evidence of Josephson flow. Their idea is that there can be a nuclear equivalent of the alternating current (ac) Josephson effect (Fig. 1). In this variant of the Josephson effect, a constant, or dc, voltage applied to a Josephson junction produces an ac current. This striking behavior arises because the voltage causes the phase difference between the two condensates to increase over time. Since phases that differ by multiples of 2 are equivalent, a linear phase growth produces an oscillating current. The researchers argue that for the nuclear case, a similar effect can occur because neutron pairs inside two colliding nuclei possess different energies. This energy difference plays the role of the dc voltage in the ac Josephson effect.

Therefore, similar oscillatory behavior is expected to occur during a nuclear collision: the back-and-forth tunneling of neutron pairs means that 116Sn+60Ni transforms into 114Sn+62Ni and then again into 116Sn+60Nia cyclical process whose frequency is determined by the energy difference of neutron pairs in initial and final nuclei. Because the collision lasts for only a short time, the team estimates that only about three such back-and-forth transfer cycles may occur in an experiment. However, even these few oscillations can lead to observable consequences. Since neutrons and protons interact strongly, oscillating neutron pairs cause protons to oscillate at the same frequency. Because of their charge, oscillating protons should emit electromagnetic radiation at this frequency. While electrons oscillating in a standard Josephson junction emit microwave photons [6], nuclei are expected to emit gamma-ray photons because of the much larger nuclear energy differences involved. The researchers calculate the expected radiation energy to be slightly less than 4 MeV, which matches the gamma-ray spectrum seen in previous experiments.

The results are thrilling for two reasons. First, they indicate that the principles of superconductivity valid for macroscopic phenomena in solids may be applicable to the much smaller (femtometer) nuclear scalesa truly spectacular conclusion. Second, the analysis shows that the pairing description is appropriate for a small number of particlesthe hundreds of nucleons making up the nuclei. It is worth pointing out, however, that this description contains a puzzling inconsistency. According to quantum mechanics, the phase and the number of particles in the condensate are related by the uncertainty principlemuch like the position and momentum of a quantum particle: if either quantity is well defined, the other isnt. But for the nuclear case, the number of nucleons is always exactly defined. Further theoretical work will need to resolve this inconsistency.

These findings whet our appetite for more work aimed at validating superfluid nuclear models by confronting theory with experiments. In particular, it would be crucial to show that such models can deliver accurate, quantitative predictions for analogous effects in nuclear collisions beyond those involving tin and nickel.

Piotr Magierski is Professor of Physics and Head of the Nuclear Physics Division at Warsaw University of Technology, Poland, and an Affiliate Professor at the University of Washington. He is a theoretical physicist whose research interests include superfluidity and superconductivity in systems far from equilibrium, such as nuclear fission and fusion reactions, nuclear matter in neutron stars, and ultracold atomic gases.

Two mirror nuclei, in which the numbers of neutrons and protons are interchanged, have markedly different shapesa finding that defies current nuclear theories. Read More

Particle physicists have detected a short-lived nucleus containing two strange quarks, whose properties could provide new insights into the behavior of other nuclear particles. Read More

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New History of the Physics Department by Raj Gupta and Paul Sharrah Published – University of Arkansas Newswire

Cover design by UA Printing Services

A Centennial History of the Physics Department, University of Arkansas.

A new history of the Department of Physics, titledAcoustics to Quantum Materials: A Centennial History of the Department of Physics, University of Arkansas andauthored by Rajendra Gupta and Paul C. Sharrah, has been published.

The Department of Physics was born during the 1907-08 academic year when the first full-time physics teacher was appointed and a syllabus for a physics major was defined for the first time. The department celebrated its centennial in April 2008. For 35 years, from 1872 to 1907, physics was taught by teachers whose primary discipline was not physics, for example, chemistry, applied mathematics, mechanic arts and engineering, and even biology and geology. While primary emphasis of this book is on the one hundred years, 1907-2007; for completeness, the previous 35 years are covered in two prologues. The period, 2008 t0 2018 is summarized in an epilogue. The history includes the perspective of the authors, both emeritus professors of physics, who were eye-witnessto the events unfolding in the department over a combined period of 76 years.

The book traces the evolution of the department from a one-person department with no physics majors in 1907, to 1920s when it expanded to three faculty and graduated its first major; to the 1930s when professor Llyod Ham established the first research laboratory in physics; to the 1940s when the department's ambitious vision of starting a credible research program was interrupted by the World War I and it had to teach an estimated 3,500 army trainees, but that was followed by a blossoming of its physics majors program; to the 1950s when a credible research program did start and the department's Ph.D. program was approved; to the 1960s when post-Sputnik government support for research helped the department expand its research efforts; to the evolution of the department's research in many diverse areas, including atomic and molecular physics, quantum optics, biophysics and condensed matter physics.

The first research laboratory in physics established by professor Ham was in acoustics. Today, the largest research effort is in the area of quantum materials, which explains the title of the book.

While the department had a modest beginning, starting with just one teacher and no majors, today it can claim its rightful place among the noteworthy physics departments at the U.S. public institutions.

An electronic copy of the book can be downloaded from the university repository: scholarworks.uark.edu/physpub/23.

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Quantum Tunneling in Graphene Advances the Age of High Speed Terahertz Wireless Communications – SciTechDaily

Quantum tunneling. Credit: Daria Sokol/MIPT Press Office

Scientists from MIPT, Moscow Pedagogical State University and the University of Manchester have created a highly sensitive terahertz detector based on the effect of quantum-mechanical tunneling in graphene. The sensitivity of the device is already superior to commercially available analogs based on semiconductors and superconductors, which opens up prospects for applications of the graphene detector in wireless communications, security systems, radio astronomy, and medical diagnostics. The research results are published in a high-rank journal Nature Communications.

Information transfer in wireless networks is based on the transformation of a high-frequency continuous electromagnetic wave into a discrete sequence of bits. This technique is known as signal modulation. To transfer the bits faster, one has to increase the modulation frequency. However, this requires a synchronous increase in carrier frequency. A common FM-radio transmits at frequencies of hundred megahertz, a Wi-Fi receiver uses signals of roughly five gigahertz in frequency, while the 5G mobile networks can transmit up to 20 gigahertz signals.

This is far from the limit, and a further increase in carrier frequency admits a proportional increase in data transfer rates. Unfortunately, picking up signals with hundred gigahertz frequencies and higher is an increasingly challenging problem.

A typical receiver used in wireless communications consists of a transistor-based amplifier of weak signals and a demodulator that rectifies the sequence of bits from the modulated signal. This scheme originated in the age of radio and television, and becomes inefficient at frequencies of hundreds of gigahertz desirable for mobile systems. The fact is that most of the existing transistors arent fast enough to recharge at such a high frequency.

An evolutionary way to solve this problem is just to increase the maximum operation frequency of a transistor. Most specialists in the area of nanoelectronics work hard in this direction. A revolutionary way to solve the problem was theoretically proposed in the beginning of 1990s by physicists Michael Dyakonov and Michael Shur, and realized, among others, by the group of authors in 2018. It implies abandoning active amplification by transistor, and abandoning a separate demodulator. Whats left in the circuit is a single transistor, but its role is now different. It transforms a modulated signal into bit sequence or voice signal by itself, due to non-linear relation between its current and voltage drop.

In the present work, the authors have proved that the detection of a terahertz signal is very efficient in the so-called tunneling field-effect transistor. To understand its work, one can just recall the principle of an electromechanical relay, where the passage of current through control contacts leads to a mechanical connection between two conductors and, hence, to the emergence of current. In a tunneling transistor, applying voltage to the control contact (termed as gate) leads to alignment of the energy levels of the source and channel. This also leads to the flow of current. A distinctive feature of a tunneling transistor is its very strong sensitivity to control voltage. Even a small detuning of energy levels is enough to interrupt the subtle process of quantum mechanical tunneling. Similarly, a small voltage at the control gate is able to connect the levels and initiate the tunneling current.

The idea of a strong reaction of a tunneling transistor to low voltages is known for about fifteen years, says Dr. Dmitry Svintsov, one of the authors of the study, head of theLaboratory of 2D Materials for Optoelectronicsat the MIPT center for Photonics and 2D materials. But its been known only in the community of low-power electronics. No one realized before us that the same property of a tunneling transistor can be applied in the technology of terahertz detectors. Georgy Alymov (co-author of the study) and I were lucky to work in both areas. We realized then: if the transistor is opened and closed at a low power of the control signal, then it should also be good in picking up weak signals from the ambient surrounding.

The created device is based on bilayer graphene, a unique material in which the position of energy levels (more strictly, the band structure) can be controlled using an electric voltage. This allowed the authors to switch between classical transport and quantum tunneling transport within a single device, with just a change in the polarities of the voltage at the control contacts. This possibility is of extreme importance for an accurate comparison of the detecting ability of a classical and quantum tunneling transistor.

The experiment showed that the sensitivity of the device in the tunneling mode is few orders of magnitude higher than that in the classical transport mode. The minimum signal distinguishable by the detector against the noisy background already competes with that of commercially available superconducting and semiconductor bolometers. However, this is not the limit the sensitivity of the detector can be further increased in cleaner devices with a low concentration of residual impurities. The developed detection theory, tested by the experiment, shows that the sensitivity of the optimal detector can be a hundred times higher.

The current characteristics give rise to great hopes for the creation of fast and sensitive detectors for wireless communications, says the author of the work, Dr. Denis Bandurin. And this area is not limited to graphene and is not limited to tunnel transistors. We expect that, with the same success, a remarkable detector can be created, for example, based on an electrically controlled phase transition. Graphene turned out to be just a good launching pad here, just a door, behind which is a whole world of exciting new research.

The results presented in this paper are an example of a successful collaboration between several research groups. The authors note that it is this format of work that allows them to obtain world-class scientific results. For example, earlier, the same team of scientists demonstrated how waves in the electron sea of graphene can contribute to the development of terahertz technology. In an era of rapidly evolving technology, it is becoming increasingly difficult to achieve competitive results. comments Dr. Georgy Fedorov, deputy head of the Laboratory of Nanocarbon Materials, MIPT, Only by combining the efforts and expertise of several groups can we successfully realize the most difficult tasks and achieve the most ambitious goals, which we will continue to do.

Reference: Tunnel field-effect transistors for sensitive terahertz detection by I. Gayduchenko, S. G. Xu, G. Alymov, M. Moskotin, I. Tretyakov, T. Taniguchi, K. Watanabe, G. Goltsman, A. K. Geim, G. Fedorov, D. Svintsov and D. A. Bandurin, 22 January 2021, Nature Communications.DOI: 10.1038/s41467-020-20721-z

The work was supported by Russian Science Foundation (grant # 16-19-10557) and Russian Foundation for Basic Research (grant # 18-29-20116 mk).

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