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The American dream is built on the notion that the US is a meritocracy. Americans believe success in life and business can be earned by anyone willing to put in the hard work necessary to achieve it, or so they say. Thus, Americans commonly believe that those who are successful deserve to be so and those who aren’t are equally deserving of their fate – despite growing evidence that widening inequalities in income, wealth, labor, and gender play a major role in who makes it and who doesn’t. And this very fact – that Americans believe their society is a…
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Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. Blockchain and cryptocurrency can be a daunting place sometimes and the swathes of jargon, specialist terminology, and acronyms don’t really help matters. Sometimes it feels like complex terms are used just to confuse people. But don’t worry, Hard Fork has got your back. Below you’ll find a list of industry acronyms and what they stand for. We’re steadily building up explainers of all these terms too, so in some cases there might be a deeper…
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Bitcoin — the cryptocurrency that started it all — was released in 2009 as open-source software by a person or group of people using the name Satoshi Nakamoto. The idea was to create a peer-to-peer electronic currency that didn’t rely on any central authority or intermediary for validating the exchange of money. Transfer of Bitcoin is instead verified through a distributed consensus system called mining and the confirmed transactions are listed on the Bitcoin’s blockchain — essentially a shared public ledger. The whole process of transaction makes Bitcoin a pseudonymous currency that guarantees a certain level of privacy — if…
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One of the biggest, and most unwelcome revelations of the past few years is just how much social media platforms can be — and have been — used for manipulation and distribution of falsehoods. And in 2018, several social media executives were called into the hot seat in front of elected officials to account for their company’s inability to foresee, prevent, or, in some cases, efficiently treat their multitudinous problems. It’s the first time we’ve seen members of Congress give social media companies any kind of grilling over their security issues. So how’d we get here? We’re getting some interference…
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