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Evaluate the top hybrid cloud providers – TechTarget

While the Big Three dominate the IaaS market, the hybrid cloud market is open to cloud hyperscalers and on-premises infrastructure providers alike because it combines public cloud, private cloud and traditional on-premises computing.

Hybrid cloud is popular among enterprises, with 87% saying they have a hybrid cloud strategy, according to the Flexera "2020 State of the Cloud Report." It can be a good way for organizations to start cloud computing -- it keeps users compliant and cloud costs in check.

However, picking the right hybrid cloud vendor is different than choosing a public cloud vendor. The Big Three public cloud platforms -- AWS, Microsoft Azure and Google Cloud Platform (GCP) -- have their differences, but for the most part it's still an apples-to-apples comparison.

Hybrid cloud platform comparisons are more apples-to-oranges. When choosing a hybrid environment, an organization's approach can be based upon a few different situations. A more traditional enterprise may opt for hybrid cloud because it wants greater scalability but doesn't want to rearchitect its legacy software for the public cloud. On the other hand, a cloud-first enterprise may opt for a hybrid model to run and house expensive machine learning data and analytics on private hardware.

Get to know some popular hybrid cloud options -- including those from IaaS vendors and traditional infrastructure providers -- as well as their services and capabilities.

IBM and Red Hat focus their hybrid cloud capabilities around IBM Cloud and the Red Hat Cloud Suite. IBM still has a public cloud, though it doesn't have the same reach as the Big Three's offerings. Instead, it and Red Hat, which IBM acquired in 2019, focus higher up the stack on platforms, applications and tools that facilitate hybrid cloud, even offering services that work directly with AWS, Azure and GCP.

IBM Cloud includes a suite of services, including IBM Cloud Pak and IBM Cloud Satellite, that enables you to run workloads on private and public clouds and edge locations, as well as in Kubernetes and VMware vSphere environments. And with recent investments in Red Hat OpenShift on IBM Cloud, there are more options for enterprises to develop and deploy modern applications with IBM Cloud.

The Red Hat Cloud Suite offers multiple services you can use to build and manage a hybrid cloud. With the Linux-based RedHat OpenStack Platform, you can build your own public and private clouds, and manage them with Red Hat CloudForms. The previously mentioned Red Hat OpenShift is a flexible Kubernetes container platform you can use to manage hybrid cloud deployments. You can build applications and run workloads on Red Hat OpenShift and then host those OpenShift clusters on premises, or on IBM Cloud, AWS, Microsoft Azure or GCP.

Like IBM and Red Hat, VMware and Dell EMC don't have a popular cloud IaaS as a foundation to build a hybrid cloud offering. However, VMware did partner with AWS to offer VMware Cloud on AWS, a hybrid service that organizations can use to run VMware workloads on AWS' public cloud.

It took a few years for AWS to even acknowledge the hybrid cloud model, let alone create services specifically for this type of architecture. VMware Cloud on AWS wasthe first major hybrid cloud offering available on Amazon's cloud, as it was co-developed by the two companies. This service is a good fit for enterprises with investments in VMware workloads that also need cloud scalability.

VMware also offers its own hybrid cloud platform with VMware Cloud Foundation. Built on VMware compute, storage and networking, Cloud Foundation brings Kubernetes and VMs together to automate builds to private and public clouds. Cloud Foundation is designed to give developers and administrators some of the flexibility and agility of the cloud, with the same VMware technologies they're used to.

Dell EMC tackles hybrid cloud in a few different ways, many of which tap into Cloud Foundation and VxRail. It offers the Dell EMC Hybrid Cloud Platform, which essentially provides hybrid and multi-cloud as a service. Its main benefit is its single vendor experience. It runs AWS, Azure, GCP and other cloud platforms from one central hub.

There's also the Dell Technologies Cloud Platform, also called Cloud Foundation on VxRail. This is a data center device that integrates Cloud Foundation with on-premises infrastructure to link workloads together in one platform. With this service, you can port workloads between on premises, private clouds and public clouds, and it includes automated lifecycle management to launch applications.

AWS Outposts is an on-premises device installed and operated by AWS. IT teams use it to host and provision AWS resources -- like EC2 instances and Elastic Block Store (EBS) volumes -- on premises the same way they do in the cloud. This is good for AWS-invested organizations that need to move workloads in house or want to sync their on-premises and cloud infrastructure.

Outposts must connect to AWS' public cloud to work. When provisioned, it links with the nearest Region through AWS Direct Connect or an internet gateway. Outposts supports some basic AWS services like EC2, EBS and some container-based services, but it does not yet support S3, SageMaker, or Lambda, among others.

Microsoft Azure offers a few different ways to build a hybrid cloud. Azure Stack, similar to AWS Outposts, is a on-premises device with which users can extend an Azure public cloud environment into a local data center or other privately owned locations. This suits organizations that may need to move applications between on premises and the cloud, for latency or compliance reasons.

There are three variants to Azure Stack.

Like AWS Outposts, Azure Stack has some limitations in terms of what cloud offerings are available on premises, but it offers more cloud-native services than its AWS counterpart.

Azure Arc is a hybrid cloud management platform, which is in public preview at time of publication. It's a collection of services and management portals that bring Azure Resource Manager capabilities to Linux and Windows Server VMs, as well as Kubernetes clusters. Enterprises can then manage all their resources -- on premises or in the cloud, containers or VMs -- from Azure Arc.

The Azure Hybrid Benefit allows on-premises Windows Server customers to run Azure VMs at a reduced rate.

GCP runs a container-forward hybrid cloud strategy. Google Anthos is a hybrid cloud platform that runs versions of Google Kubernetes Engine (GKE) in Google's cloud and in an enterprise's on-premise vSphere environment. It also relies on service mesh technology, as well as configuration and security management tools. This enables enterprises to have a centralized view of their applications across unified environments.

Anthos is a way traditional enterprises can begin to modernize their applications and processes with containers. Cloud-forward organizations can also use it to move workloads on premises for compliance and security.

Google Cloud also offers hybrid cloud integrations with Cisco, VMware Cloud Foundation and CloudSimple, a VMware-to-cloud migration service Google acquired in late 2019.

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Get Off the Cloud With Start9’s Private Internet Kit – CoinDesk – CoinDesk

A Colorado company is betting it can make the decentralized web more accessible with a no-frills server you can install in your own home.

Start9 Labs Embassy server, housed in a Raspberry Pi, sets up its own private internet network and comes with its own operating system as well as an expanding range of services such as bitcoin transactions, messaging and password management that cut out middlemen and use the Tor network to communicate.

People use the Tor network because it makes it incredibly difficult to trace internet activity to a user, encrypting it multiple times and hiding a users location. But Tor can be hard to navigate for those who arent tech savvy. Thats why Start9 Labs is betting on Embassys no-frills operating system, Ambassador which handles server setup, owner authentication, networking and the installation, configuration and serving of decentralized apps to make the decentralized web more accessible and popular.

[Its] net-connected hardware that will all be networked together on a private internet, rather than each of those devices feeding all your private data to whatever cloud provider sold you that device, said Matt Hill, co-founder of Start9 Labs.

Start9 Labs is not building on Web 2.0, but rather hijacking that infrastructure so people can run their own private networks. To build a new internet from the ground up requires a physical hardware device in every single home, said Hill. The Embassy server is a first step in that direction.

If this seems abstract and esoteric, consider the recent security law China has imposed on Hong Kong, essentially criminalizing some forms of thought, expression and speech, in response to pro-democracy protests that raged there last year. Google, Twitter and Facebook stopped reviewing requests for user data from Hong Kong by law enforcement while evaluating the law. But these companies still control reams of user data, much of it intimately linked to users thoughts and speech. The Embassy server and the services built into it by design dont allow such companies access to data.

We are building this company and this product in such a way that it actually can't be censored.

We are building this company and this product in such a way that it actually cant be censored, cant be subpoenaed for anything, said Hill. Its important to us that if somebody says, Stop doing what youre doing, our response is, Honestly, we cant.

Hill and co-founder Keagan McClelland recently appeared on a Coin Center podcast with Peter Van Valkenburgh to discuss the need for privacy tech. They noted that troublesome centralization comes in many forms, be it Gmail or exchanges like Coinbase, which serves as the intermediary for millions of cryptocurrency transactions. They want to change that.

Hill pitches his kit as an easy, out-of-the-box solution for accessing your private network. So I tried it out with one of the Embassy servers. Privacy-focused tech is often more difficult than conventional tech to understand and use. Youre replacing streamlined user interfaces on apps like Facebook with something more minimalist that doesnt abuse your data. But I was able to set up the Embassy following the four simple steps it laid out, and access the Start9 Embassy app in Apples App store.

Soon after, I was using the Cups messenger service, which looks like a standalone app on my homescreen, to ping Hill a message from my unique Tor address to his, authenticated with our private keys through the Ambassador OS.

Cups doesnt currently have push notifications, and there is a bit of a lag. But it functions just fine, was easy to operate and there is no middleman to snoop on our messages. It was just me and Hill, communicating through our own private servers.

The Embassy server currently costs $200, but Start9 Labs is going to be releasing the specs online, so anyone can build it. The software is all open source, and people can build apps to add to it. The goal, said Hill, is to create tech that could live on even after the company may be gone.

If we go away, our spirit continues, there is no killing were doing, said Hill. We are a company, so it can be forcibly closed. But the technology that has been developed lives on as though nothing happened. Its open source software running on commodity hardware. How do you stop that?

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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Smart Education and Learning Market 2020 Global Size, Top Leaders, Analytical Overview, Business Growth, Sales Revenue and Forecast 2023 – Sports…

Market Research Future published a research report on Smart Education and Learning Market Research Report- Global Forecast 2023 Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Smart Education and Learning Global Market Overview

The global smart education and learning market is poised to surpass USD 952 billion at a staggering 26% CAGR over the assessment period (2017-2023). Smart education and learning aim to provide students with holistic learning through modern technology to prepare them fully for a world that is fast-changing and where adaptability is essential. It uses state-of-the-art technology to help both teachers and learners to prepare themselves well for tomorrow. Through advanced learning methods namely smart phones, cloud servers and virtual learning environment, teachers can aid students to gain more from their learning. Educational institutions are using advanced teaching tools and methods such as smart notebooks, projectors and boards that improves the students understanding and thereby offer them with a clear view regarding what to learn. Most importantly coordination between education material, software innovator and hardware provider are making the learning process simpler for students.

There are plentiful factors that is boosting the growth of theSmart Education and Learning Market. These factors as per the Market Research Future (MRFR) report include improved education quality, easy access to educational content, growing use of consumer electronics namely e-learning apps, laptops, e-readers and smartphones, increased demand amid learners and instructors to improve quality of education, and reduce time constraints that are faced by aspirants. The additional factors that are propelling market growth include rapid use of mobile technology, enhanced internet accessibility and increasing penetration of IoT that are encouraging users to use smart education solutions. Moreover, innovative techniques namely adaptive learning, microlearning and Massive Open Online Courses are also improving the overall learning method that is predicted to boost the market growth over the assessment period. On the contrary, lack of awareness amid end users regarding latest technologies, budget constraints and inadequate resources to deliver quality education are factors that may hinder the growth of the smart education and learning market over the assessment period.

Get Free Sample Report @https://www.marketresearchfuture.com/sample_request/2870

Key Players

The prominent players in the Smart Education And Learning Market are Adobe Systems Inc. (U.S.), Blackboard (U.S.), Educomp (India), Cisco Systems Inc. ( U.S.), McGraw-Hill Education (U.S.), NIIT Limited (India), Pearson Plc. (U.K.) Desire2Learn (Canada), SumTotal System, Inc. (U.S.), Smart Technologies (Canada), Ellucian Company L.P (U.S.), Tata Interactive Systems (India), Promethean Inc. (U.K.), Saba Software Inc. (U.S.), among others.

Market Segmentation

MRFR report provides an extensive segmental analysis of the smart education and learning market on the basis of hardware, software, application, service, organization size and deployment.

Regional Analysis

By region, the smart education and learning market covers growth opportunities and latest trends across Asia Pacific, Rest of the World, the Americas, and Europe. Of these, the Americas will domineer the market due to growing need for high-tech learning methods coupled with introduction of AI technology in the regions education system. The smart education and learning market in the APAC region are anticipated to grow at a faster pace due to growing use of advanced technology via the education system that is rapidly evolving especially in the regions developing economies. The smart education and learning market in Europe will expand significantly due to growing government investments for the growth of the education sector here and easy adoption of teaching techniques that are technologically advanced. In the Middle East and Africa, various initiatives are undertaken for the development of the education sector here. In fact, the developing regions are laying emphasis on using advanced technology to upgrade the learning methods in the education sector.

Get Complete Report @https://www.marketresearchfuture.com/reports/smart-education-and-learning-market-2870

Intended Audience

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Windows PCs will have to follow Apples switch to ARM, says former Mac chief – 9to5Mac

Apples former head of Mac development, Jean-Louis Gasse, has said that Apples decision to switch to ARM processors for Macs will make it inevitable that higher-end Windows PCs will have to do the same.

This will in turn force Intel to start making their own ARM CPUs for use in Windows machines, he argues

Gasse left Apple in 1990, but played an extremely influential role in the future of the Mac as the man who shelved the companys plans to license macOS to other manufacturers. He makes his case in a blog post.

First, he says, there is every reason to believe Apples claims that ARM processors will offer more power and greater battery life.

According to Geekbench tests, A12Z performance matches or exceeds my MacBook Pro. Apple doesnt disclose the TDP for the A12Z processor, but we can rely on an indirect number, the iPad Pros 18W power adapter output. This gives us an idea of what to expect from Apple Silicon in future Macs: Significantly lower TDP without losing processing power.

Next, throughput. Given what we see with todays A12Z, one cant imagine tomorrows Apple Silicon Macs providing less than a 25% throughput advantage against corresponding x86 PCs. Admittedly, these are speculative, broad strokes assumption for Apple Silicon Macs think faster, svelter laptops actually lasting 10 hours on a battery charge. If not, once again, why bother burning the billions?

Microsoft will not be able to sit back and watch Apple take the lead with the most powerful PCs on the market, and nor will third-party brands making Windows machines.

This leaves Microsoft with a choice: Either forget Windows on ARM and cede modern PCs to Apple, or forge ahead, fix app compatibility problems and offer an ARM-based alternative to Apples new Macs. Its a false dilemma, of course. Microsoft will forge ahead with repercussions for the rest of the Windows PC industry.

Specifically, what are Dell, HP, Asus, and others going to do if Apple offers materially better laptops and desktops and Microsoft continues to improve Windows on ARM Surface devices? In order to compete, PC manufacturers will have to follow suit, theyll go ARM because, all defensive rhetoric aside, Apple and Microsoft will have made the x86 architecture feel like what it actually is: old.

The company has made a half-hearted attempt to make Surface machines with ARM processors, but they didnt run many apps, and werent a success.

Given that everyone will want ARM processors to run Windows, Intel will likewise have no choice.

This leaves Intel with one path: if you cant beat them, join them. Intel will re-take an ARM license (it sold its ARM-based XScale business to Marvell in 2006) and come up with a competitive ARM SoC offering for PC OEMs.

Gasse hadnt initially thought it possible for Apple to switchall its machines to ARM, but back in March said that TSMC had proven him wrong.

Ampere designs and sells high-powered ARM chips that compete with the Xeon processors used in cloud servers [] Ampere shows us that the ARM architecture can yield the class of chips a Mac Pro would need. And, as it happens, the chips are manufactured by TSMC, the same company that makes Apples Axx processors.

Whats your view? Do you think hes right that Windows machines will switch to ARM? Or will Microsoft miss the higher-performance PC boat the way it did the mobile one? Please let us know your thoughts in the comments.

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Cloud Computing Server Market In-Depth Analysis, Drivers, Restraints, Opportunities, Threats, Latest Innovations, Applications, And Growth Forecast…

Global Cloud Computing Server Market report is to provide accurate and strategic analysis of the Profile Projectors industry. The report closely examines each segment and its sub-segment futures before looking at the 360-degree view of the market mentioned above. Market forecasts will provide deep insight into industry parameters by accessing growth, consumption, upcoming market trends and various price fluctuations.

Short Term Cloud Computing Server Market research reports growth rates and market value based on market dynamics, growth factors. Complete knowledge is based on the latest innovations in the industry, opportunities and trends. In addition to SWOT analysis by key suppliers, the report contains a comprehensive market analysis and major players landscape.

Ask for Sample Copy of This Report: https://www.researchnreports.com/request_sample.php?id=10437

Top Key Players Profiled in This Report:- Intel, IBM, Amazon Web Services (AWS), Microsof, Dell, Huawei, Oracle, Google Cloud Platform, Salesforce, Rackspace, SAP, Oracle, China Information Technology (CNT)

What this research report offers:

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including:-

Banking, Financial Service, Insurance, Healthcare, Telecom and IT, Government, Public Utilities,

The report highlights several global regions such as North America, Latin America, Asia-Pacific, Africa, and Europe for the comparative study of the Short Term Cloud Computing Server Market. In terms of productivity North America is the leading region for the market sector. Additionally, it offers the demanding structure of services in the developing and developed countries.

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The demand within the Short Term Cloud Computing Server Market has been rising due to the several approaches like technology advancements and heavy competition. It covers different aspects of the businesses and represented by using several graphical presentation techniques such as graphs, charts, pictures, and diagrams.

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Smart Education and Learning Market 2020 Global Industry Size, Key Players Analysis, Business Growth, Regional Trends and Forecast 2023 – Daily…

Market Research Future published a research report on Smart Education and Learning Market Research Report- Global Forecast 2023 Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Smart Education and Learning Global Market Overview

The global smart education and learning market is poised to surpass USD 952 billion at a staggering 26% CAGR over the assessment period (2017-2023). Smart education and learning aim to provide students with holistic learning through modern technology to prepare them fully for a world that is fast-changing and where adaptability is essential. It uses state-of-the-art technology to help both teachers and learners to prepare themselves well for tomorrow. Through advanced learning methods namely smart phones, cloud servers and virtual learning environment, teachers can aid students to gain more from their learning. Educational institutions are using advanced teaching tools and methods such as smart notebooks, projectors and boards that improves the students understanding and thereby offer them with a clear view regarding what to learn. Most importantly coordination between education material, software innovator and hardware provider are making the learning process simpler for students.

There are plentiful factors that is boosting the growth of theSmart Education and Learning Market. These factors as per the Market Research Future (MRFR) report include improved education quality, easy access to educational content, growing use of consumer electronics namely e-learning apps, laptops, e-readers and smartphones, increased demand amid learners and instructors to improve quality of education, and reduce time constraints that are faced by aspirants. The additional factors that are propelling market growth include rapid use of mobile technology, enhanced internet accessibility and increasing penetration of IoT that are encouraging users to use smart education solutions. Moreover, innovative techniques namely adaptive learning, microlearning and Massive Open Online Courses are also improving the overall learning method that is predicted to boost the market growth over the assessment period. On the contrary, lack of awareness amid end users regarding latest technologies, budget constraints and inadequate resources to deliver quality education are factors that may hinder the growth of the smart education and learning market over the assessment period.

Get Free Sample Report @https://www.marketresearchfuture.com/sample_request/2870

Key Players

The prominent players in the Smart Education And Learning Market are Adobe Systems Inc. (U.S.), Blackboard (U.S.), Educomp (India), Cisco Systems Inc. ( U.S.), McGraw-Hill Education (U.S.), NIIT Limited (India), Pearson Plc. (U.K.) Desire2Learn (Canada), SumTotal System, Inc. (U.S.), Smart Technologies (Canada), Ellucian Company L.P (U.S.), Tata Interactive Systems (India), Promethean Inc. (U.K.), Saba Software Inc. (U.S.), among others.

Market Segmentation

MRFR report provides an extensive segmental analysis of the smart education and learning market on the basis of hardware, software, application, service, organization size and deployment.

Regional Analysis

By region, the smart education and learning market covers growth opportunities and latest trends across Asia Pacific, Rest of the World, the Americas, and Europe. Of these, the Americas will domineer the market due to growing need for high-tech learning methods coupled with introduction of AI technology in the regions education system. The smart education and learning market in the APAC region are anticipated to grow at a faster pace due to growing use of advanced technology via the education system that is rapidly evolving especially in the regions developing economies. The smart education and learning market in Europe will expand significantly due to growing government investments for the growth of the education sector here and easy adoption of teaching techniques that are technologically advanced. In the Middle East and Africa, various initiatives are undertaken for the development of the education sector here. In fact, the developing regions are laying emphasis on using advanced technology to upgrade the learning methods in the education sector.

Get Complete Report @https://www.marketresearchfuture.com/reports/smart-education-and-learning-market-2870

Intended Audience

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Ethereum Is Beating Bitcoin In More Ways Than One – Forbes

Interest in bitcoin and other cryptocurrencies, including ethereum, is boomingfueled by unprecedented central bank stimulus measures and rocketing demand for alternative finance.

The bitcoin price, up around 30% so far this year, is being left in the dust by huge gains seen by some smaller cryptocurrencies.

Ethereum, the second most valuable cryptocurrency after bitcoin, has almost doubled in value so far this yearand the number of active ethereum addresses is growing at nearly twice the rate of bitcoins.

Bitcoin remains the world's most valuable cryptocurrency by a wide margin, though a recent rally in ... [+] the price of some smaller cryptocurrencies has left bitcoin in the dust.

Ethereums active address count has increased by 118% since the beginning of the year, data from blockchain analytics firm Messari, first reported by crypto news site Decrypt, has shown.

Meanwhile, bitcoins active address count has increased by just 49%.

"The level of development on ethereum is crazy: initial coin offerings, stablecoins, non-fungible tokens, decentralized exchanges and other decentralized finance applications, Web 3 use cases," Messari chief executive Ryan Selkis said via email, though he added bitcoin remains "the industry's dominant asset and most important project."

The ethereum price has also surged this year, with ethereum's tradable token ether now trading at around $240up almost 90% from $130 at the start of January. Bitcoin, on the other hand, has seen its post-coronavirus crash rally halted in its tracks since May with bitcoin repeatedly trying and failing to break the psychological $10,000 per bitcoin level.

Despite the excitement swirling around ethereum, recent setbacks, including a warning that ethereum 2.0 may be delayed again, is leaving the door open for competitors.

"There's a lot of demand for smart contract platforms that scale, so there's a big opening in the market right now with ethereum 2.0 delayed, [processing] prices high, and well-funded competitors launching imminently," Selkis said.

The ethereum price has ticked up over the last 12 months with ethereum outpacing bitcoin's recent ... [+] rally by a considerable margin.

One such cryptocurrency, chainlink, has been boosted by a surge of interest in decentralized finance, sometimes known as DeFithe idea that blockchain entrepreneurs can use bitcoin and crypto technology to recreate traditional financial instruments such as loans and insurance.

The chainlink price is up by around 1,000% on the last year, hitting fresh all-time highs over the last few days.

However, some cryptocurrency and ethereum developers have cautioned against investors viewing blockchains and cryptocurrency tokens as in competition.

"Viewing other blockchains as competitors to ethereum isnt the right framework to view the crypto space," Kosala Hemachandra, founder and chief executive of MyEtherWallet, who's been developing on ethereum since its 2015 launch, said via email, adding delays to ethereum 2.0 "arent stopping or slowing the many projects building on ethereum."

DeFi has been found to be one of the biggest drivers of ethereum growth in recent months, with DeFi applications accounting for over 97% of all decentralized app volume on ethereum according to a July report from Dapp.com.

"Different blockchains have separate goals and purposes," Hemachandra said.

"Some are primarily focused on value transactions while others support decentralized app development, for example. You have to look beyond market cap to really evaluate blockchain development."

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A Panel of Experts See Bitcoin Averaging $12948 by Year End – Bitcoin News

A panel of experts is predicting the price of bitcoin will rise to $10,337 by September before adding a further $2,611 to end the year at $12,948.

The findings are drawn from a Finder Cryptocurrency Predictions Report for July 2020 and the latest figure is roughly $2,500 less than the price predicted in the April report.

In the report, 28 panellists drawn from academia, crypto research firms, and hedge funds are also asked to give their sentiments about bitcoin.

Some 50% of those surveyed believe now is the best time to buy bitcoin.

According to the findings, half of the panellists (50%) thinks now is the time to buy, with a little under a third (32%) suggesting holding. Only 18% say now is the best time to sell.

Meanwhile, two of the panellists who share this buy sentiment argue their case in the same report. Kinetic Trading CEO David Wills, one of the two panellists, believes events sparked by the coronavirus pandemic have created the best scenario to buy. He said:

I am a big follower of Plan B stock to flow analysis. This combined with the debasement of fiat currency in the wake of covid-19 is the perfect set-up for a bull run in the second half of the year.

Echoing Willis sentiments is Coinmama CEO, Sagi Baksi, who notes a few different factors at play.

Baksi points to the stock to flow model, the financial instability, as well as the printing of money by the US Federal Reserve. From these pointers, he concluded that now is the time to buy bitcoin.

Gavin Smith, general partner at Panxora, is one of the few dissenting panellists. He thinks now is the best time to sell.

While agreeing with the long-term inflation outlook, Smith does point out that the global economy has been hit by a negative demand shock caused by covid-19.

This hit is a strong enough basis for a short-term significant decline in the value of bitcoin as the deflationary demand shock filters through.

Smiths prediction for the end of year value for bitcoin of $7,000 sharply contrasts with the panels average prediction.

In the meantime, bitcoins value appears to have stabilized above $9,000 since the halving. It has only breached the $10,000 mark a few times despite some bullish predictions.

Do you think bitcoin is currently trading at a discount? 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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‘Ferocious Rally’: Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year | Markets and Prices – Bitcoin News

Weiss Ratings has outlined key reasons why investors should be bullish about bitcoin, seeing a ferocious rally with the price of the cryptocurrency expected to hit $70,000 next year. In addition, the Federal Reserves massive money-printing and institutional investments into cryptocurrencies add to the bullishness.

Weiss Ratings analysts Bruce Ng and Juan Villaverde explained last week why investors should be bullish about bitcoin despite some sideways consolidations. Weiss Ratings currently ranks bitcoin first among all cryptocurrencies overall.

One of the three key reasons why the analysts are bullish about bitcoin stems from a price prediction based on the stock-to-flow analysis (S2F). The popular forecasting model now points to a ferocious rally over the next 12 months or so, they wrote.

Ng and Villaverde described that S2F is based on the common-sense notion that the scarcer a commodity is, the more valuable it becomes, adding that scarcity is measured by circulating supply. For example, Gold has an S2F of 62, which is the number of years of current production required to match global above-ground holdings, they clarified.

After the May Bitcoin halving, 6.25 new bitcoins are being created every 10 minutes, meaning it would take an estimated 56 years for new mintage to match Bitcoins circulating supply, they continued. Notice how close that is to the S2F number for gold, which makes sense because bitcoin is fast becoming a major rival to gold as a safe-haven investment.

The analysts added that previous S2F predictions line up quite well with bitcoins actual price performance, as seen in the chart above, elaborating:

Now, based on the history of the halving, current S2F analysis says bitcoin should reach $70,000 by sometime around mid-2021 Even if it turns out to be only half right, you could still triple your money.

The other two reasons Weiss Ratings analysts highlighted were QE infinity and institutional money flowing into cryptocurrencies. The covid-19 pandemic environment has pushed the Federal Reserve to print $2.9 trillion in new paper money in just 13 weeks, or about $22 million a minute, the analysts detailed. By any measure, this is corruption of money on an industrial scale, they exclaimed, predicting that investors will pour money into bitcoin and gold as a safe haven when they lose confidence in paper money.

Billionaire investor Mike Novogratz has also been saying that central banks printing record amount of money is the best environment for bitcoin.

The last major factor Ng and Villaverde focused on was the increasing interest in cryptocurrency among institutional investors, such as by Paul Tudor Jones who invested about $210 million of his own money into bitcoin. Grayscale Investments has been adding bitcoin to its Grayscale Bitcoin Trust faster than the rate of new coins being mined and recently, venture capitalist Andreessen Horowitz raised half a billion dollars to invest in crypto startups. The analysts opined:

The sheer weight of institutional-sized money flows into a small market like bitcoin can have truly explosive effects.

Are you bullish on bitcoin? Let us know in the comments section below.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Weiss Ratings

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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'Ferocious Rally': Weiss Ratings Bullish on Bitcoin, Price to Hit $70K Next Year | Markets and Prices - Bitcoin News

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Bitcoin Thieves Hit Cashaa – Infosecurity Magazine

Cyber-criminals have compromised a British cryptocurrency exchange, making off with over $3min Bitcoin.

Cashaa has halted all its crypto-related transactions after cyber-criminals stole more than 336 Bitcoin from its exchange. The company has said that prima facia users have not been impacted by the theft.

In a media brief shared with Cointelegraph, Cashaas CEO Kumar Gaurav said: We are still investigating the damage caused by the incident and suspend all the withdrawals for 24 hours.

Kumar said that the theft occurred after malicious hackers compromised one of the exchanges digital wallets. Once access had been gained, the hackers sent the cryptocurrency contained within the wallet to themselves.

Guarav said that he had reason to believe that the cyber-criminals who hit Cashaa are based in East Delhi, India. Acting on this suspicion, the exchange has filed a cyber-crime incident report with the Delhi crime bureau under the cryptocurrency crime category.

A meeting of Cashaas board has been called to determine whether the company will bear all the losses associated with the crime.

Cashaa said it believes that to carry out the theft, cyber-criminals installed malware onto a computer used to make exchange transfers like user withdrawals. This malware sent a notification to the cyber-criminals at 1:23pm on July 10 when an employee logged into the account and made two transfers from a Blockchain.com wallet. It was this wallet that was then compromised and illegally relieved of over 336 Bitcoin.

The company is now taking steps to prevent the cyber-criminals who hit Cashaa from selling the stolen cryptocurrency on exchanges. On Twitter, Cashaa posted the Bitcoin address of the hacker in hopes of tracking any movement of the illegally acquired funds.

Guarav said Bitcoin thefts were on the rise because some cryptocurrency exchanges made it easy for cyber-criminals to launder stolen funds.

As of today, hackers are very confident to hack crypto-addresses and move it through exchanges that are facilitating such laundering through their systems, said Guarav.

Exchanges like these must be shut down and owners of these exchanges should be charged with money laundering facilitation crime.

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