Tesla Crashes Bitcoin, Microsoft Azure Ditches Blockchain: Top News

0
134

Elon Musk, Tesla’s technoking, flipped bitcoin after months of hyping. Earlier this year, Musks Tesla bought $ 1.5 billion worth of Bitcoin and even announced it would accept Bitcoin as a form of payment. Bitcoin peaked after this news. Musk became a messiah for the crypto community. His tweets moved the markets in unprecedented ways and stunned the market gurus. Bitcoin is not without its flaws, however. Mining BTC is viewed as polluting, which clashes with most of Musk’s zero-emission endeavors (think Tesla, Solar City). On Thursday, Musk tweeted that Tesla would no longer accept Bitcoin as a means of payment, citing environmental issues.

What followed was a wiping of $ 365 billion from the market value of the cryptocurrency!

Bitcoin uses a lot more electricity than other cryptos. Mining is important to check the legitimacy of blockchain transactions. Bitcoin alone is reported to account for 0.5% of global electricity consumption – more than entire countries like Argentina. According to reports, a single BTC transaction generates the same amount of carbon as ~ 1 million Visa transactions. Bitcoin uses 707 kWh of energy per transaction – that’s 11 times more than Ethereum, 38 times more than Litecoin and almost 6,000 times more than Doge. Dogecoin, one of Musk’s youngest muses, is going to go mainstream next as Musk and his team work with developers to make transactions more efficient. Musk even ran a poll on Twitter asking his followers if they would be interested in paying through Dogecoin.

Azure is shutting down the blockchain service

Microsoft is silently shutting down its Azure blockchain services. In the second half of this year, the blockchain service launched in 2015 on Azure will no longer be available to developers. The company even recommended that its users migrate to alternative services. “On September 10, 2021, Azure Blockchain will be retired. Please migrate ledger data from the Azure Blockchain service to an alternative offering based on your development status in production or evaluation, ”Microsoft explained in the Azure Blockchain documentation.

Google Cloud Pocket SpaceX Deal

On Thursday, Google Cloud announced that it had signed a deal with SpaceX. The aim of this new partnership is to deliver cloud services at the edge of the network by leveraging Starlink’s ability to deliver high-speed broadband internet around the world thanks to its 1500 satellites orbiting the planet. SpaceX will use the infrastructure of Google Cloud to locate Starlink ground stations in the properties of the Google data center. This enables secure, low-latency and reliable data transmission. According to Google Cloud, this high-capacity private network enables businesses and consumers to seamlessly connect to the cloud and the internet from anywhere.

Starlink’s constellation of low-earth orbit satellites enables businesses to deliver data with a broad footprint, such as: B. Public sector agencies, companies with a presence on the network edge, or companies that operate in rural or remote areas and often need access to applications that run the cloud or cloud services such as analytics, artificial intelligence or machine learning.

Disney patents A blockchain system

Video piracy has a new nemesis: blockchain. Disney recently patented a blockchain-based distribution system to curb piracy. In its patent application, Disney stated that current measures such as watermarking are not enough. “Such security mechanisms are often reactive rather than preventive. For example, watermark configurations add a watermark to content to track piracy after piracy has already occurred. As a result, current configurations do not adequately prevent piracy. “Disney plans to use this patented blockchain configuration to validate the content received at the intended destination before allowing the content to be played back at that destination.

GTA becomes more real thanks to Intel’s AI

Can AI make graphics appear realistic? 🚗
👇Proud to announce a new job with Stephan Richter and Vladlen Koltun.
I worked on it on my internship at Intel, but most of the credit goes to Stephan who insisted it work and work robustly.
full video: https://t.co/q7kPtSTaQK pic.twitter.com/u9IyN1FDR5

– Hassan Abu Alhaija (@ Hassanhaija), May 11, 2021

Intel Labs, Intel’s research wing, introduced a photorealistic version of the popular GTA V video game. In an article titled “Enhancing Photorealism Enhancement,” the researchers demonstrated the use of machine learning to make the images appear more realistic. Intel Labs researchers trained the convolution networks with auxiliary inputs to improve the realism of the images produced by the rendering pipeline. To incorporate these buffers into the flow to improve photorealism, new network components were developed that modulate features from a rendered image according to the information extracted from the buffers. “Our method could be more deeply integrated into game engines to increase efficiency and possibly further increase realism.”

Join our telegram group. Be part of a dedicated online community. Join here.

Subscribe to our newsletter

Get the latest updates and relevant offers by sharing your email address.