Qrius https://qrius.com News, Explained Mon, 14 Aug 2023 14:45:17 +0000 en-GB hourly 1 https://wordpress.org/?v=6.3 https://qrius.com/wp-content/uploads/2019/03/cropped--Icon_Black-1-100x100.png Qrius https://qrius.com 32 32 The role of hotels in relief efforts in a disaster-hit economy https://qrius.com/the-role-of-hotels-in-relief-efforts-in-a-disaster-hit-economy/?The+role+of+hotels+in+relief+efforts+in+a+disaster-hit+economy&RSS&RSS+Reader https://qrius.com/the-role-of-hotels-in-relief-efforts-in-a-disaster-hit-economy/#respond Mon, 14 Aug 2023 14:45:02 +0000 https://qrius.com/?p=265634 Rick Lagiewski, Rochester Institute of Technology

Hotels are more than a place to stay while on vacation. They are also critical for disaster relief and recovery.

When major hurricanes, wildfires or other disasters strike, relief organizations like Federal Emergency Management Agency and the Red Cross are usually seen at the heart of the disaster response. Less publicized are the essential roles hotels play in aiding and supporting the efforts of first responders and residents.

As wildfires rage on the island of Maui, Hawaii, hotels hooked up to diesel generators are doing their best to support the needs of not only their guests and employees but other residents of the community as well.

To better understand their role in relief efforts, my colleagues Jennifer L. Schneider, Muhammet Kesgin and Sarah Dobie and I interviewed over 40 hotel general managers in Florida in 2017 and collected online survey data on 156 more to study what they did during and after Hurricane Irma struck that year.

We were impressed by the range of roles hotels said they take on in a disaster, whether a massive storm in Florida or a wildfire in Maui.

Preparing for the storm

Hotels located in the vicinity of a disaster are in a unique position to help, because unlike other first responders, they are already physically there with large and fortified buildings.

Our interviews in Florida showed that hotels take steps every year to mitigate the impact of hurricane season. This annual preparedness involves continued education, planning and sharing of best practices through local hotel associations, such as the Florida Restaurant and Lodging Association and Lodging Association of the Florida Keys and Key West.

“There is no way FEMA could set up temporary housing as fast as hotels in providing immediate places for people to stay in impacted areas,” one general manager told us.

Hotels mitigate the potential of being closed by signing advance contracts for diesel fuel to run generators in case electricity is lost. They also line up contractors ahead of time to repair any damage that might occur.

One manager even reported taking out US$5,000 in cash to make sure she was able to buy groceries for local residents in need, since the lack of electricity was forcing stores to accept cash only.

Offering shelter and aiding recovery

During Hurricane Irma, residents and visitors were forced to evacuate certain parts of the state and sought shelter from the storm wherever they could, including at hotels, some of which are resilient to Category 5 hurricanes.

How much a hotel can help with disaster response can depend on how severely its own infrastructure is damaged. But even when there is damage and no electricity, hoteliers reported that lodging was the key resource they were able to provide victims of Irma, whether they were local residents who fled homes or insurance adjusters and response teams trying to get things back up and running.

Managers told us they offered discounted room rates for people trying to get out of the way of the oncoming storm and waived their usual pet policies to help those fleeing the hurricane with animals.

Some managers said their hotels transformed from four-star resorts to simple shelters where first responders or power repair workers could find a safe and free place to sleep. One manager reported setting up dozens of cots in a ballroom for a National Guard command post.

Hotel employees who felt unsafe in their homes were allowed to ride out the storm with their families for free. And in some cases, they provided housing for months after the storm.

Beyond lodging, in some cases hotels sent out engineers to inspect employee homes to determine whether they were habitable while they waited for official inspections.

Beyond the humanitarian value of providing assistance, separate research I helped conduct also found that hotels that provide relief may produce goodwill through the shared vulnerability that employees and customers experience. When customers receive assistance during periods of vulnerability and recognize that employees are facing similar challenges, they become advocates for public support of the business, its workers and the broader industry and destination impacted by the disaster.

Whether in Florida or Maui, hotels serve as critical hubs for disaster relief and recovery. As such, policymakers should be aware of their dual role as both private sector businesses and community resources.


This is an updated version of an article originally published on Sept. 12, 2019.

Rick Lagiewski, Principal Lecturer – Management, Rochester Institute of Technology

This article is republished from The Conversation under a Creative Commons license. Read the original article.

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World liable to miss SDGs if businesses aren’t at the core of the problem solving  https://qrius.com/world-liable-to-miss-sdgs-if-businesses-arent-at-the-core-of-the-problem-solving/?World+liable+to+miss+SDGs+if+businesses+aren%E2%80%99t+at+the+core+of+the+problem+solving%C2%A0&RSS&RSS+Reader https://qrius.com/world-liable-to-miss-sdgs-if-businesses-arent-at-the-core-of-the-problem-solving/#respond Mon, 14 Aug 2023 14:39:33 +0000 https://qrius.com/?p=265630 In 2015, world leaders came together to broker a historic deal and make a promise to ensure the rights and well-being of everyone on a healthy thriving planet, this agreement was enshrined in the 2030 Agenda for Sustainable Development and its subsequent 17 SDGs. Progress towards the SDGs has been less energetic than expected, due to unexpected factors like COVID-19 and the war in Ukraine. This isn’t surprising, however, the extent to which the world has deviated from the goals is worrying. 

Of the measurable targets, which range from providing quality education to all to clean water and sanitation, half of them illustrate moderate or severe deviations from the desired trajectory. More than 30% of said targets have experienced no progress or even regression below the baseline established in 2015. Should the current trends continue, in 2030 575 million people will be living in extreme poverty, and an estimated 84 million children and young people won’t have access to education. Furthermore, the global temperature has risen 1.1°C above pre-industrial levels and is likely to surpass the critical 1.5° C tipping point by 2035. 

While there are very clearly big problems facing us, not all is lost as businesses are also understanding that this is not simply a problem that can be solved through a single solution. The impact of not meeting the SDGs is relatively non-discriminatory in the fact that it affects everyone, admittedly in different manners and to different extents, but businesses will also suffer. Thus, it is in their interest to also bring solutions to issues that affect everyone, which is why it is promising to see progress being made through innovative methods in a variety of fields. 

Different sectors bringing about positive change 

Certain sectors are more challenged than others to find creative solutions to big issues simply based on their core business. The solutions are there and when they are applied they are a testament to a company’s willingness to roll up their sleeves and contribute to a better world, these companies also incidentally tend to be industry leaders. 

A well-known exemplification of a company invested in sustainability is Nestlé. Nestlé seeks to build a business by taking decisions that are not just influenced by the bottom line and shareholders, but also by society and the planet. A clear example of Nestlé’s move towards sustainability is its commitment to net zero by 2050. This means sourcing key ingredients from farmers using regenerative farming techniques as well as investing in sustainable logistics, packaging, and manufacturing activities. Regarding packaging, Nestlé is using the Nespresso capsules as an effective cornerstone project of their recycling commitments with the development of paper capsules.  

In the mining sector, CMOC has shown itself as a leader in the industry. Founded in the late 1960s, CMOC is currently the second-largest producer of cobalt and niobium in the world. CMOC is an interesting case study for other companies looking to sustainably manage an outpost in a geologically and geographically complex place. Aside from its technical attributes, CMOC is increasingly well known for its ability to integrate into the local community and follow exacting sustainability standards and best practices. The company does this by pursuing, where practicable, energy efficiency, use of renewable energy sources, and recycling of materials. It also identifies locations of potential environmental sensitivity (areas of high biodiversity), and develops best practice mitigation strategies to avoid or reduce impact on those locations. 

However, potentially most importantly, CMOC has rolled out an ambitious net-zero plan for Scope 1 and Scope 2 (direct and indirect) emissions in its operations by 2050. In 2022, they were already able to recycle 38.8% of their non-hazardous waste, and 83.9% of their hazardous waste was recycled. The company plans to put significant investment behind the plan, with a projected minimum spend of 1.5 billion USD up to the year 2050 in order to meet its goals. 

Another company deeply committed to being an industry leader is Suez SA , the French-based utility company that operates mainly in the water and waste management sectors. In January of this year, the company unveiled its new sustainable development goals for 2027 and beyond. The company aims to reach electrical self-sufficiency in Europe this year, as well as significantly raise the proportion of renewable energy consumed throughout the group. Finally, between now and 2027, the company will stop using phytosanitary products on all the sites that it owns or operations as well as propose solutions to eliminate microplastics and micropollutants. 

While Nestlé, CMOC, and Suez represent very different sectors, what they share is a commitment to excellence not only in their offering but also in the treatment of the climate question by engaging in ambitious goals to contribute to a better future. 

Climate mitigation requires all hands on deck

The appeal and the utility of the Sustainable Development Goals is the fact that it takes a holistic approach to sustainability and its interplay in how we all live. Investing in the future is a worthwhile investment, for businesses, governments, and people. Companies like Nestlé, CMOC, and Suez show that it doesn’t matter in what sector one operates, what matters is one’s commitment to sustainability because a sustainable environment makes for a sustainable business. 

Ultimately, as the world tries to come back from the setbacks of SDG goals due to unforeseen circumstances, the private sector is an integral stakeholder in the advancement and betterment of our planet. With them on board, our chances are significantly better of righting the ship and sailing toward a future in which we can all live. 

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76th Indian Independence Day: Some things you may not know about India’s Constitution https://qrius.com/76th-indian-independence-day-some-things-you-may-not-know-about-indias-constitution/?76th%C2%A0Indian+Independence+Day%3A+Some+things+you+may+not+know+about+India%26%238217%3Bs+Constitution&RSS&RSS+Reader https://qrius.com/76th-indian-independence-day-some-things-you-may-not-know-about-indias-constitution/#respond Mon, 14 Aug 2023 14:26:36 +0000 https://qrius.com/?p=265627 India turns 76 today, August 15, 2023.

The road to freedom was a difficult and even when it happened, partition displaced tens of millions of people and caused immense loss of life and property, alomg with wounds that scarred an entire generation.

India only became a fully sovereign republic with its own head of state on January 26, 1950.

India’s then Constituent Assembly worked to shape the country as we know it today, and the outcome of their efforts is the Constitution, an impressive document which holds to scrutiny even today.

Here are a few things to know about the Indian Constitution.

Word Count

At the time it was adopted in 1949, the Indian Constitution contained 395 articles and had approximately 145,000 words. By comparison, the U.S. Constitution, the world’s oldest democracy consisted of seven articles and about 4000 words.

Ratification

Constitutions were not as common as they are today when the Indian Constitution was drafted, ratification was itself a major achievement. The process of drafting and ratifying a shared founding document for such a diverse nation with multiple cultures, languages and customs was an even bigger achievement.

Crowdsourcing in 1949

B.R. Ambedkar drew on his education in the U.S. and U, Advisor B.N. Rau traveled in the fall of 1947 to Canada, the U.S., Ireland and the U.K. to learn from their experiences, while putting together the Constitution.

India’s constitution had the concept of ‘Directive Principles,’ inspired by the Irish Constitution, these principles could not be enforced by courts.

This feature did not give undue power to either the lawmakers or courts and judges were to abide by a set of values to keep in mind.

Amendments

India’s Constitution has 105 amendments with the last one passed in August 2021.

‘[T]here is no permanence in Constitutions,’ declared India’s first Prime Minister, Jawaharlal Nehru. ‘There should be a certain flexibility.’

This is where India’s Constitution stands in stark contrast to the US, the U.S. requires two-thirds of Congress to propose a constitutional amendment or two-thirds of the states to propose a constitutional convention to consider amendments. Ratification requires two-thirds of the states.

India’s constitutional amendments require a simple majority, in two ways:-

  • It provides for two types of amendments, that is, by a special majority of Parliament and the special majority of parliament along with the ratification of half of the states legislatures by a simple majority.
  • Amendment of certain provisions of the Constitution requires amendment by a simple majority of each house present and voting.

This flexibility can be credited for India’s Constitution having longevity, being one of only three countries to have had the Constitution remain largely the same in the post-war generation.

The Indian Constitution has several other elements that are remarkable – for better and for worse.

Article 21, subject to widespread acclaim, protecting life and personal liberty, has directly contributed to Indians’ right to a free, public elementary education and was cited in the Indian Supreme Court’s 2018 decision to decriminalize consensual same-sex conduct.

Future of democracy

Despite its long and generally promising history, India’s constitutional democracy has seenchallenges in the recent past, with many citizens accusing the current ruling disposition of trying to subvert many aspects of it and thus impinging on personal freedoms.

When they began drafting India’s constitution 75 years ago, Dr. Ambdekar and the other architects had the noblest of intentions to serve all Indians, no matter their faith, caste or gender.

Whether that tradition is held in good stead for another 75 years will depend on whether lawmakers and the courts uphold it in good faith.


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Check bank SWIFT codes by country https://qrius.com/check-bank-swift-codes-by-country/?Check+bank+SWIFT+codes+by+country&RSS&RSS+Reader https://qrius.com/check-bank-swift-codes-by-country/#respond Mon, 14 Aug 2023 13:45:31 +0000 https://qrius.com/?p=265624 You’ll likely be asked for a SWIFT code when transferring money internationally. Different banks have their own SWIFT codes, and it’s necessary to provide the correct one. This article will explain this code and let you know how to find the correct one. 

What Is A SWIFT Code?

SWIFT stands for Society for Worldwide Interbank Financial Telecommunications. It is the standard messaging system for financial transactions and payments. Global banks use it to exchange instructions, and every connected bank has its unique Bank Identifier Code (BIC) or SWIFT code. This code is how banks pass messages to each other and facilitate financial transactions.

What Does It Look Like?

It includes 8 to 11 characters in this format; AAAABBCCDDD

  • The first four characters – AAAA – signify the banking institution. It’s usually a shortened version of the institution’s name.
  • BB is the identifier for the country in which the bank is located.
  • CC identifies the banking institution’s head office.
  • DDD points to a specific banking branch. These last three characters are not always present.

Here’s an example; IBOCUS44.

  • IBOC signifies the International Bank of Chicago.
  • US represents the United States of America.
  • 44 identifies Illinois state, where the International Bank of Chicago is based. 

Where Can I Find My BIC?

Different countries have different BICs, and you can find the correct one through these mediums;

  • Bank website: You can check your financial institution’s website for a list of BICs for all branches. You’ll usually find it under the FAQ or SWIFT Finder sections. 
  • Third-party websites: Many third-party websites aggregate BICs for global banks and display them to viewers. They organize the information in a way that you can effortlessly search.
  • Customer service: You can call your institution’s customer service line and ask for the code for your specific branch. A support representative should be able to give you the exact information.
  • Ask the recipient: You can always ask the recipient to provide the BIC for their bank.
  • Banking statement: You can request a formal bank statement anytime, and you’ll likely find the code written on the document. 

Checking BICs By Countries

The SWIFT network has unique identifiers for each country, usually a shortened version of the country’s name. You can identify what country a bank is located in by looking at the fifth and sixth letters. For example, GB represents Great Britain, US represents the United States of America, BR represents Brazil, CN represents China, etc.

If the country code does not match where the bank is located, the BIC is incorrect.

How Do SWIFT Transfers Work?

SWIFT is the network that global banks use to send deposit instructions. When you wire money to a foreign recipient, your banking firm contacts the recipient’s firm via its BIC, instructing it to deposit money in the recipient’s account. Your banking firm then removes the equivalent amount from your account.

It works similarly if you’re the recipient of a foreign transfer. The sender’s firm contacts your firm with instructions to deposit money into your account. The sender’s firm then deducts the equivalent amount from their account.

How Long Do SWIFT Transfers Take?

It takes between 1 and 5 working days for the transfer to settle. Sometimes, the money passes through several intermediary banks before getting to the final recipient, which adds delays. Other factors affecting the speed include

  • Currency conversions.
  • Anti-money laundering checks.
  • Weekends and bank holidays.

How Much Does A SWIFT Transfer Cost?

Banks charge between 3% and 5% commission for foreign transfers, which can be steep. Some banks charge flat fees of between $10 to $100 (or your local currency equivalent). You can confirm the fees with your banking institution before initiating a transfer. 

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Chandrayaan-3 achieves near-circular orbit, next manoeuvre on August 16 https://qrius.com/chandrayaan-3-achieves-near-circular-orbit-next-manoeuvre-on-august-16/?Chandrayaan-3+achieves+near-circular+orbit%2C+next+manoeuvre+on+August+16&RSS&RSS+Reader https://qrius.com/chandrayaan-3-achieves-near-circular-orbit-next-manoeuvre-on-august-16/#respond Mon, 14 Aug 2023 10:18:59 +0000 https://qrius.com/?p=265614 Chandrayaan-3, India’s third lunar mission, performed another significant manoeuvre on Monday and achieved a near-circular orbit around the moon. 

As per the Indian Space Research Organisation (ISRO), Chandrayaan-3 made the significant move between 11:30 am to 12:30 pm today.

‘Chandrayaan-3 spacecraft undergoes another maneuver, achieves near-circular orbit around moon,’ ISRO posted on X (formerly Twitter).

As the mission progresses, a series of manoeuvres are being conducted by ISRO to gradually reduce Chandrayaan-3’s orbit and position it over the lunar poles.

This is the penultimate orbit reduction step to bring the spacecraft closer to the Moon, after which the landing module, comprising the lander and rover will break away from the propulsion module.

The next manoeuvre s on August 16.

The lander is expected to undergo a ‘deboost’ (the process of slowing down) and make a soft landing on the south-polar region of the Moon on August 23.

Chandrayaan-3 had entered into lunar orbit or the Moon’s orbit on August 5, after being launched on July 4.

The separation of the lander module from the propulsion module is scheduled for August 17, to set up the powered descent onto the lunar surface.

Chandrayaan-3 is a follow-on mission to Chandrayaan-2 to demonstrate end-to-end capability in safe landing and roving on the lunar surfacem, developing and demonstrating new technologies required for inter-planetary missions and to conduct in-situ scientific experiments.

It comprises an indigenous propulsion module, lander module, and a rover. The lander will have the capability to soft land at a specified lunar site and deploy the rover that will carry out the analysis of the Moon’s surface during the course of its mobility.

The propulsion module will carry the lander and rover configuration till 100 km lunar orbit.

The propulsion module has Spectro-polarimetry of Habitable Planet Earth (SHAPE) payload to study the spectral and polarimetric measurements of earth from the lunar orbit.

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Magoo, Timbaland’s ex rap partner, reportedly dies at age 50 https://qrius.com/magoo-timbalands-ex-rap-partner-reportedly-dies-at-age-50/?Magoo%2C+Timbaland%E2%80%99s+ex+rap+partner%2C+reportedly+dies+at+age+50&RSS&RSS+Reader https://qrius.com/magoo-timbalands-ex-rap-partner-reportedly-dies-at-age-50/#respond Mon, 14 Aug 2023 09:33:49 +0000 https://qrius.com/?p=265615 Timbaland’s former collaborator, Magoo, reportedly passed away at the age of 50 on Sunday, August 13.

Digital Black, of the group Playa, was the first to post a tribute to his Instagram page to the late rapper.

The hip-hop artist, real name was Melvin Barcliff, was best known for being the half of the hip-hop duo Timbaland & Magoo.

Apart from his affiliation with the renowned music producer, whom he meet as a teen in 1989, he also collaborated with Missy Elliot.

Magoo and Timbaland were part of a group called SBI (Surrounded By Idiots) that included Larry Live and a then-unknown Pharrell Williams.

Timbaland was known as ‘DJ Timmy Tim,’ while Pharrell was called ‘Magnum the Verb Lord.’

The duo came out with their debut album in 1997 with Welcome to Our World, which had their hit single Up Jumps Da Boogie.

Magoo and Timbaland frequently collaborated with fellow Swing Mob members, including Elliott, Ginuwine, Playa, and Aaliyah, across their careers.

The cause of death remains unconfirmed.

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Addressing Bitcoin’s Remaining Weakness: A Solution https://qrius.com/addressing-bitcoins-remaining-weakness-a-solution/?Addressing+Bitcoin%26%238217%3Bs+Remaining+Weakness%3A+A+Solution&RSS&RSS+Reader https://qrius.com/addressing-bitcoins-remaining-weakness-a-solution/#respond Mon, 14 Aug 2023 08:26:07 +0000 https://qrius.com/?p=265611 Discover how Bitcoin, the revolutionary cryptocurrency, aims to overcome its remaining weaknesses in this article. Explore the challenges of scalability, energy consumption, and price fluctuations that Bitcoin faces. Immediate-granimator.org, an automated trading bot, could be a potential solution to address Bitcoin’s lingering weaknesses.

A Potential Solution: “Lightning Network”

The Lightning Network aims to tackle one of Bitcoin’s most pressing challenges – scalability. With the increasing popularity of Bitcoin, the blockchain has been struggling to handle a high volume of transactions efficiently. The Lightning Network’s payment channels enable users to conduct numerous off-chain transactions without burdening the main blockchain.  

Another key advantage of the Lightning Network is its potential to reduce transaction fees. Traditional on-chain Bitcoin transactions often involve significant fees due to the limited block space and competition for inclusion in blocks. By conducting transactions off-chain through payment channels, users can avoid these hefty fees, making Bitcoin a more cost-effective means of exchange.

Moreover, the Lightning Network also addresses the environmental concerns surrounding Bitcoin’s energy consumption. As mining operations require massive computational power, the network’s carbon footprint has drawn criticism. By conducting a large portion of transactions off-chain, the Lightning Network helps to reduce the demand for excessive mining activity, resulting in a more sustainable and eco-friendly cryptocurrency ecosystem.

However, while the Lightning Network shows promise, it is not without its challenges and criticisms. One of the major concerns is the potential centralization of the network. As some entities may operate larger and more connected payment channels, critics argue that this could lead to a concentration of power, undermining the decentralized nature of Bitcoin. 

Challenges and Criticisms of the Lightning Network

Despite its promising features, the Lightning Network also faces challenges and has garnered criticisms within the cryptocurrency community. One of the primary concerns is the potential centralization of the network. As the Lightning Network grows and more payment channels are established, certain nodes may become more dominant, leading to a concentration of power. 

Moreover, centralization concerns can also impact the security and trustworthiness of the Lightning Network. If a few large entities control a significant portion of the network, it may create vulnerabilities and potential points of failure. Ensuring a distributed network of well-connected nodes becomes crucial to maintaining the robustness and resilience of the Lightning Network.

Another criticism revolves around the complexity of the Lightning Network for average users. While it offers numerous benefits, the implementation and understanding of the Lightning Network can be challenging for non-technical individuals. To drive mass adoption, user-friendly interfaces and educational resources must be developed to help users navigate this new payment system confidently.

Furthermore, there are ongoing debates about the trade-offs between privacy and transparency on the Lightning Network. Some argue that off-chain transactions could raise privacy concerns, as they may be less transparent than traditional on-chain Bitcoin transactions. Balancing privacy and transparency will be essential to address these concerns while complying with regulatory requirements.

Future Outlook for Bitcoin with the Lightning Network

One of the most significant implications of the Lightning Network is its potential to revolutionize Bitcoin’s scalability. As adoption of cryptocurrencies continues to grow, the demand for faster and more efficient transactions escalates. The Lightning Network’s ability to conduct a vast number of off-chain transactions before settling them on the main blockchain offers a scalable solution that can support increased user activity without compromising transaction speed.

Additionally, the Lightning Network’s role in reducing transaction fees is vital for promoting Bitcoin’s use as a means of everyday transactions. As Bitcoin’s on-chain fees can fluctuate considerably based on network congestion, conducting off-chain transactions through the Lightning Network can provide a reliable and cost-effective alternative for users, attracting broader adoption.

In terms of environmental sustainability, the Lightning Network’s potential to alleviate Bitcoin’s energy consumption concerns is of great significance. By reducing the need for extensive mining activity to process each transaction on the blockchain, the Lightning Network can contribute to a greener and more environmentally friendly cryptocurrency ecosystem.

The future of Bitcoin with the Lightning Network also brings forth the potential for broader financial inclusivity. With its ability to facilitate micropayments and small transactions efficiently, the Lightning Network can open up new opportunities for businesses and individuals worldwide. 

However, the future outlook for Bitcoin with the Lightning Network is not without challenges. Addressing concerns related to centralization and ensuring network security will be crucial to maintaining the trust and confidence of the cryptocurrency community. Continued research and development, as well as ongoing community engagement, will play pivotal roles in refining and strengthening the Lightning Network’s capabilities.

Conclusion 

The Lightning Network emerges as a beacon of hope to address Bitcoin’s weaknesses. With improved scalability, reduced energy consumption, and enhanced transaction speeds, it holds the key to revolutionizing the cryptocurrency landscape. Embracing advancements like this will propel Bitcoin towards a more secure and efficient future.

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Unsealing Impact: Dawn of Lightning Bitcoin https://qrius.com/unsealing-impact-dawn-of-lightning-bitcoin/?Unsealing+Impact%3A+Dawn+of+Lightning+Bitcoin&RSS&RSS+Reader https://qrius.com/unsealing-impact-dawn-of-lightning-bitcoin/#respond Mon, 14 Aug 2023 08:25:14 +0000 https://qrius.com/?p=265609 This article explores the advent of Lightning Bitcoin as a solution, delving into its technical aspects, impact on the cryptocurrency ecosystem, and the future it holds for digital currency. With the advent of Lightning Bitcoin, it’s also crucial to mention the impact of automated trading systems such as immediate trade pro in reshaping crypto transactions.

Exploring the Technical Aspects of Lightning Bitcoin

The concept of off-chain transactions forms the foundation of Lightning Bitcoin. By allowing transactions to occur off the main blockchain, Lightning Network enhances Bitcoin’s scalability. This is achieved through the creation of payment channels between participants, where multiple transactions can be conducted without each one needing to be recorded on the blockchain. 

To understand Lightning Bitcoin’s technical framework, it is essential to explore the architecture that powers its operations. The network relies on a system of payment channels and multi-signature wallets. Payment channels enable users to create direct connections with one another and conduct transactions without relying on the main blockchain. Multi-signature wallets ensure security and trust by requiring multiple participants to authorize transactions, mitigating the risk of fraudulent activity.

A critical comparison between Lightning Bitcoin and traditional Bitcoin highlights the significant differences in transaction speed, cost, security, and decentralization. Lightning Bitcoin excels in terms of transaction speed, enabling near-instantaneous transfers that can be conducted off-chain. Additionally, the reduced reliance on the main blockchain results in significantly lower transaction fees, making microtransactions more feasible. 

Lightning Bitcoin’s Impact on the Cryptocurrency Ecosystem

One of the key areas where Lightning Bitcoin demonstrates its potential is in facilitating instant and low-cost micropayments. Traditional Bitcoin transactions can be cumbersome and costly for small-value transfers. However, Lightning Bitcoin’s off-chain nature and negligible fees make it an ideal solution for microtransactions. This opens up new possibilities for applications such as pay-per-use services, content monetization, and micro-donations, transforming the way value is exchanged on the internet.

Lightning Bitcoin has the potential to enhance financial inclusion by providing access to financial services for the unbanked and underbanked populations worldwide. With its ability to enable fast, affordable, and secure transactions, Lightning Bitcoin can empower individuals in regions with limited banking infrastructure to participate in the digital economy. 

Another significant impact of Lightning Bitcoin lies in its ability to improve blockchain interoperability. By facilitating cross-chain transactions, Lightning Bitcoin bridges different blockchain platforms, enabling seamless value transfer between them. This has the potential to enhance collaboration, interoperability, and efficiency in the decentralized finance (DeFi) ecosystem, allowing users to leverage the unique features of multiple blockchains without friction.

Through its impact on micropayments, financial inclusion, and blockchain interoperability, Lightning Bitcoin showcases its potential to revolutionize the cryptocurrency ecosystem. By enabling faster, cheaper, and more inclusive transactions, Lightning Bitcoin paves the way for innovative use cases and unlocks new opportunities for individuals and businesses in the digital currency space.

Challenges and Future Outlook of Lightning Bitcoin

As Lightning Bitcoin gains traction, it is essential to navigate the evolving regulatory landscape surrounding cryptocurrencies. Governments and regulatory bodies are grappling with the need to establish frameworks that address the unique characteristics of Lightning Bitcoin while ensuring consumer protection, preventing illicit activities, and fostering innovation. Balancing these considerations will be crucial for the widespread adoption and acceptance of Lightning Bitcoin.

To realize the full potential of Lightning Bitcoin, user experience and education play a vital role. The user interface and overall experience must be intuitive, seamless, and user-friendly to encourage broader adoption. Additionally, educating users about Lightning Bitcoin’s advantages, risks, and best practices will be crucial in building trust and confidence among individuals and businesses. Efforts to simplify the onboarding process and enhance user education will contribute to the growth of Lightning Bitcoin.

Looking ahead, the future of Lightning Bitcoin appears promising. As the technology matures and gains wider acceptance, it has the potential to transform the way we transact on the internet. Lightning Bitcoin can become an integral part of the digital economy, enabling instant, secure, and cost-effective transactions at a global scale. It is expected to further drive innovation in the cryptocurrency space and unlock new possibilities for financial services, decentralized applications, and cross-border transactions.

However, challenges remain. Technical hurdles, scalability concerns, and the need for continued development and improvement are among the factors that will shape the future of Lightning Bitcoin. Collaboration among developers, researchers, industry stakeholders, and regulatory bodies will be instrumental in addressing these challenges and realizing the full potential of Lightning Bitcoin.

Conclusion

As Lightning Bitcoin emerges as a potential game-changer, it offers a promising solution to Bitcoin’s scalability challenges. With its ability to facilitate instant micropayments, improve financial inclusion, and enhance blockchain interoperability, Lightning Bitcoin holds the key to shaping the future of digital currency and revolutionizing the way we transact on the internet.

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Secure Your Bets: A Closer Look at the Indibet Login Security Measures https://qrius.com/secure-your-bets-a-closer-look-at-the-indibet-login-security-measures/?Secure+Your+Bets%3A+A+Closer+Look+at+the+Indibet+Login+Security+Measures&RSS&RSS+Reader https://qrius.com/secure-your-bets-a-closer-look-at-the-indibet-login-security-measures/#respond Mon, 14 Aug 2023 08:23:25 +0000 https://qrius.com/?p=265606 When it comes to online betting, security is paramount. The assurance that your personal information and financial transactions are protected is the foundation of a trustworthy betting platform. Indibet understands the importance of security and has implemented a range of measures to ensure that your betting experience is not only exciting but also secure. In this article, we take a closer look at the robust security measures that safeguard your bets when you log in to the Indibet platform.

Two-Factor Authentication (2FA)

Two-factor authentication adds an extra layer of security to your account by requiring more than just a password to access it. Indibet employs 2FA to fortify the Indibet login process and prevent unauthorized access.

Key Points:

  • Users need to provide a second piece of information, often a unique code sent to their registered mobile number or email, in addition to their password.
  • This ensures that even if your password is compromised, an attacker cannot gain access to your account without the second authentication factor.
  • 2FA significantly reduces the risk of unauthorized access and enhances overall security.

Captcha Verification

Captcha verification is a common method used to prevent automated bots from attempting to log in to your account. Indibet integrates captchas as an added layer of security during the login process.

Key Points:

  • Captcha challenges require users to complete tasks that are easy for humans but difficult for automated bots.
  • This prevents malicious bots from repeatedly attempting to guess passwords and gain unauthorized access.
  • By implementing captchas, Indibet ensures that the login process is carried out by genuine users.

Secure Socket Layer (SSL) Encryption

Indibet prioritizes the encryption of data transmitted between users and their servers. SSL encryption safeguards your sensitive information during the login process, making it extremely challenging for attackers to intercept or decipher the data.

Key Points:

  • SSL encryption creates a secure tunnel through which data is transmitted, ensuring that it remains confidential and cannot be tampered with.
  • This encryption protects your login credentials, personal details, and financial information from potential threats.
  • Look for the padlock icon in the browser’s address bar, indicating a secure connection.

Account Lockouts and Alerts

Indibet implements mechanisms that automatically lock an account after a certain number of failed login attempts. This prevents brute-force attacks where attackers try numerous combinations of passwords to gain access.

Key Points:

  • After a defined number of unsuccessful login attempts, the account is temporarily locked to prevent further access.
  • Users receive alerts notifying them of suspicious login attempts or locked accounts, ensuring they are aware of potential security breaches.
  • Account lockouts thwart unauthorized access attempts and bolster overall account security.

Conclusion: Betting with Peace of Mind

Security is the cornerstone of a reliable and enjoyable betting experience. Indibet’s commitment to ensuring your data’s security during the login process demonstrates its dedication to providing a secure environment for bettors. By implementing two-factor authentication, captcha verification, SSL encryption, and account lockouts, Indibet goes the extra mile to ensure that your bets remain protected and your account stays secure. As you engage in the excitement of online betting, rest assured that your security is a top priority on the Indibet platform.

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NetNut, a reliable, high-speed proxy solution with a broad global network and innovative features https://qrius.com/netnut-a-reliable-high-speed-proxy-solution-with-a-broad-global-network-and-innovative-features/?NetNut%2C+a+reliable%2C+high-speed+proxy+solution+with+a+broad+global+network+and+innovative+features&RSS&RSS+Reader https://qrius.com/netnut-a-reliable-high-speed-proxy-solution-with-a-broad-global-network-and-innovative-features/#respond Mon, 14 Aug 2023 07:24:33 +0000 https://qrius.com/?p=265600 I. Introduction

In the modern digital era, the use of proxy services has become increasingly common. From small scale businesses to large enterprises, proxies have become a vital tool for ensuring security, maintaining anonymity, and facilitating efficient web scraping activities. This article aims to provide an in-depth review of one such proxy provider, NetNut.

NetNut has carved out a niche in the crowded proxy market, providing top-tier proxy services with a commitment to security and efficiency. Born out of the need to provide dependable data scraping solutions, NetNut has created an impressive repertoire of features that caters to a variety of user requirements.

II. NetNut’s Unique Selling Points

NetNut’s distinctive features include its expansive global network, impressive speeds, innovative IP rotation technology, stringent privacy measures, and an intuitive user interface. These unique selling points have positioned NetNut as a significant player in the proxy services market.

A. Global Network

NetNut boasts an impressive network of over 52 million IP addresses sourced directly from Internet Service Providers (ISPs) around the world. This extensive network ensures that users always have a wide variety of IP addresses to choose from, facilitating reliable and efficient web scraping activities.

B. Speed

Thanks to its direct partnerships with ISPs, NetNut provides unparalleled speed. By sourcing IP addresses directly from the ISPs, the connectivity is not only more reliable but also significantly faster, leading to increased productivity and efficiency for businesses.

C. IP Rotation

NetNut’s innovative IP rotation technology is another unique selling point. It automatically rotates IP addresses for each request, minimizing the chances of detection and blockage. This feature is particularly beneficial for web scraping activities, as it ensures that the scraping process remains uninterrupted.

D. Anonymity

With its advanced IP rotation technology and stringent privacy measures, NetNut ensures that users’ activities remain anonymous. This anonymity is essential in a digital world where privacy is often compromised.

E. User Interface

NetNut’s user interface is clean, simple, and easy to navigate. It provides all the necessary information and tools right at the user’s fingertips, enhancing the overall user experience.

III. Detailed Examination of NetNut’s Offerings

F. Global Reach & Speed

As mentioned earlier, NetNut’s expansive global reach and fast speeds are one of its main attractions. Its network of over 52 million IP addresses spans across multiple countries, ensuring a smooth browsing experience for users. Furthermore, its partnerships with ISPs allow for direct connectivity, resulting in faster response times and higher success rates.

G. IP Rotation & Anonymity

NetNut’s IP rotation technology automatically changes the IP address for each request. This reduces the chances of detection and blockage, providing users with a seamless web scraping experience. Furthermore, the ability to choose IPs from specific countries or cities offers geotargeting capabilities that enhance the effectiveness of data scraping activities.

H. User Dashboard

NetNut’s user dashboard is both functional and easy to navigate. It provides an overview of data usage and subscription details, and users can easily manage their subscriptions and monitor their usage. While the dashboard isn’t as detailed as some of its competitors, it provides all the necessary tools and information for efficient proxy management.

IV. Advantages and Limitations of NetNut

A. Strengths

NetNut’s strengths lie in its expansive network, fast speeds, innovative IP rotation technology, and strong commitment to privacy. Its direct ISP partnerships ensure reliable and high-speed connections, while its IP rotation technology ensures that web scraping activities can proceed without interruptions. Furthermore, its strong privacy measures and commitment to user anonymity make it a trustworthy choice for businesses and individuals alike.

B. Limitations

Despite its many strengths, NetNut does have some limitations. Its premium pricing could make it inaccessible for some users, especially those looking for casual use or those with a limited budget. Additionally, while it does offer dedicated email support and a comprehensive knowledge base, the lack of live chat support could be a drawback for some users.

V. NetNut’s Specialized Proxy Services

A. SEO Proxies

NetNut’s SEO proxies are perfect for SEO monitoring activities. They allow users to scrape search engine data effectively and anonymously, providing valuable insights that can help in optimizing SEO strategies.

B. Retail Proxies

NetNut’s retail proxies are designed for businesses operating in the retail sector. These proxies are particularly useful for activities like price scraping, where businesses scrape pricing data from competitors’ websites to gain a competitive edge.

C. Social Media Proxies

NetNut’s social media proxies are perfect for managing multiple social media accounts or for scraping data from social media platforms. They provide a high level of anonymity, ensuring that users’ activities remain undetected.

VI. Customer Support and User Experience

NetNut provides dedicated email support with prompt responses and a comprehensive knowledge base on its website. The knowledge base covers a variety of topics, including setup guides, FAQs, and tips for optimizing the service. The absence of live chat support is made up for with their dedicated email support, ensuring users’ queries and concerns are addressed in a timely manner.

VII. Pricing Options

NetNut offers a range of pricing options to accommodate different needs. The DataCenter IPs package costs $100/month for 100GB, the Static Residential Proxies package costs $350/month for 20GB, the Mobile IPs package costs $950/month for 50GB, and the Rotating Residential Proxies package is priced at $600/month for 50GB.

VIII. Accessibility for Beginners

Despite its advanced features, NetNut remains accessible for beginners. The clean and straightforward user interface, coupled with the comprehensive knowledge base, ensures that even users with little to no experience in using proxy services can navigate the platform with ease.

IX. Compatibility with Applications

NetNut’s proxy services are compatible with a wide range of applications, including popular web browsers, SEO tools, and web scraping tools. This broad compatibility further enhances the usability of the service, making it a versatile choice for a wide range of users.

X. Data Center Proxies

NetNut’s data center proxies offer unparalleled speed and reliability. They are sourced directly from data centers, ensuring high performance and minimizing the chances of being blocked. These proxies are an excellent choice for businesses where speed and efficiency are of paramount importance.

XI. Security and Privacy

NetNut takes security and privacy very seriously. Being a subsidiary of Safe-T Group, a company with a strong reputation in the cybersecurity space, NetNut employs high-grade encryption to secure its connections and protect user data. Furthermore, its direct ISP partnerships and advanced IP rotation technology contribute to maintaining user anonymity and ensuring privacy.

XII. Conclusion

In conclusion, NetNut stands out as a reliable, high-speed proxy solution with a broad global network and innovative features. Despite its premium pricing, the quality of service and extensive list of features make it a worthy investment for businesses and power users. Its commitment to user privacy, coupled with its superior customer support, further cements its position as a top-tier proxy service provider in the market.

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