Monthly Archives: September 2022

Is data science dying?

Reading Time: < 1 minute

Data science is a field that is booming, the demand for specialists in this field is huge and salaries are steadily increasing, and for good reason, the current world in which we are surrounded by huge data sets requires us to be able to draw better conclusions and build a bright future together.

I recently asked myself, does data science have a right to exist in an automated future?

Given that today most data scientists use off-the-shelf libraries and alternate algorithms, an automated future will surely reach a point where a program will be able to clean the data itself, select the right tools and provide many more conclusions than a human can.

In my opinion, data science will stay with us for years to come, but over time it will be replaced by machine learning engineers who will carefully select algorithms to make them draw conclusions from data sets.

The demand for data scientists is very high all the time, but from my personal observation it seems as if it is waning.

Computational Data Science

Artificial Intelligence in the war in Ukraine

Reading Time: 2 minutes

The war in Ukraine is heading to a very crucial stage, the Ukrainians have been setting themselves up for a counteroffensive for a very long time, but many Western countries and beyond have taken these statements as propaganda to boost the country’s morale and improve the mental situation, nothing could be further from the truth.

The Ukrainians surprised the entire military world with their counteroffensive, and their successes are being commented on in large numbers by many experts.

Have you wondered what aspect in the army could make such a crucial difference to bring the supposedly second army of the world into crisis at such a deadly pace? It’s artificial intelligence!

About 1,000 Ukrainian software engineers are working socially to use artificial intelligence for frontline surveillance. The new system allows Ukrainians to find all targets with given parameters across the front. These can be ammunition depots, missile systems or troops on the move. For the system to work at 100 percent, about half a thousand drones must be hovering over the front at any one time. This number has still not been reached.

The Ukrainian army is using a plethora of drones, which, with the help of artificial intelligence, are able to target enemy positions with great precision and send accurate cordylines to soldiers.

The war in Ukraine is, of course, a tragic event that should never have happened like any other conflict in the world, but at this moment we have the opportunity to see how technologies developed over many years, make a difference on the battlefield.

Operations in Ukraine, other countries help Army develop cyber teams

Ethereum merge is coming, what does it mean?

Reading Time: 2 minutes

At the moment you are reading this post, Ethereum is probably already after the technological transformation from Proof of Work technology to Proof of Stake technology. This is undoubtedly the most unprecedented and most important event in the entire history of the Ethereum ecosystem, and in my opinion, the most important for the entire crypto world in terms of the opinions of those less interested.

In proof-of-work, verifying cryptocurrency transactions is done through mining. In proof of stake, validators are chosen based on a set of rules depending on the “stake” they have in the blockchain, meaning how much of that token they commit to locking up to have a chance to be chosen as a validator. In either case, the cryptocurrencies are designed to be decentralized and distributed, which means that transactions are visible to and verified by computers worldwide. [1]

Unfortunately, the Proof of Work technology on which the first and most popular cryptocurrency, Bitcoin, is based, is environmentally unfriendly and requires very large amounts of energy. There is a reason why the largest number of Bitcoin diggers are in countries where energy is cheapest, namely the United States, China and Russia.

Proof of Stake technology requires much less energy, and gas taxes per transaction are negligible, often the equivalent of a few cents. Given that in a dozen hours or so, the second largest cryptocurrency will start using it, it will be a milestone against mass adoption and a counter-argument to many people who have taken the environmental impact of cryptocurrencies as a disadvantage.

Ethereum has undergone a software upgrade that promises to allow over 3,000 transactions per ...



What is web3 and why should you care?

Reading Time: < 1 minute

Everything we use nowadays when it comes to apps, devices and before all our data transfer is web2. We have become accustomed to a pattern in which it is a large corporation that is at the forefront of technological innovations, what it serves to our hands and that it manages our data not necessarily in an ethical way.

What if I told you that there is a different concept of a company on the horizon, created mainly by users, a concept that doesn’t take for granted having a big tech giant over its head that will go as far as anything to make big money.

Web3 is a new idea tied to blockchain technology that takes advantage of the ability to write applications using smart contracts. All the application code is stored on a shared blockchain, which is created by the community.

It comes to ask the following question, how is my data safe? Well, all data on the blockchain is hashed, what we see and what the recipient of our message will see on the general blockchain, for example, will be visible as a set of letters and numbers.

Personally, I approach web3 very enthusiastically, and the main reason is the reality we live in, that is, constantly tracking cookies, applications running in the background and personalized advertising to the maximum. Web3 is the answer to not only these problems, but many others as well.

Introduction to Web3.js

It will be many more years before the Metaverse enters our lives for good.

Reading Time: < 1 minute

I’m 100 percent aware that the title of this article may sound controversial and different compared to the narrative that technological everyday life serves us, but I’m a fan of a pragmatic approach to any topic, and looking at the metaverse, it really must still be a long time before this becomes our everyday reality.

Why do I think so? Because the metaverse is not easy, and I’m already explaining what I mean by that. Currently, in order to use the metaverse we need large VR goggles, I can’t imagine literally every person working remotely putting on large glasses for a meeting, even in a home environment.

Another argument is that I personally believe that the metaverse is dangerous, primarily for children, who sit over social media for days absorbing incorrect trends and often creating unnecessary complexes in their heads. Can you imagine a teenager who in real life is a complex person who rarely speaks to people, while the metaverse is a soul of company and a completely different personality? In my opinion, there will be many such cases.

Don’t get me wrong, the Internet and social media provoke similar phenomena, but in my opinion, the metaverse will be an actual reflection of human emotions and feelings, so each of these phenomena can take on a completely different, deeper meaning because of the feeling.

What is the Metaverse? Beginner's Guide

Blockchain and e-voting

Reading Time: 2 minutes

In the current world in which we are trying to digitize everything we can in the name of convenience, security and innovation, we are encountering problems that cause aspects that should have been digitized long ago to continue to rely on paperwork, manual counting and not deviate from the ways of a few hundred years ago.

Such an area is, among other things, voting, each of us would like to cast a vote for our candidate without necessarily leaving home and without necessarily doing it by mail, the simplest and yet most difficult solution we can think of is electronic voting.

Here we encounter further difficulties, politics is such a sensitive topic that the more so online there will be many people who will try to influence the election result, hack it or introduce multi-voting.

With help to implement e-voting comes blockchain technology, which is already proving itself in this formula in the field of DAO (Decentralized Autonomous Organization), where members of the organization have one vote to register regarding a specific question on a referendum basis.

Such a solution can in the long run be brought to the national level, registering each citizen (those who wish to cast an electronic vote) on a single blockchain giving a unique address and the ability to cast a single vote.

For such a solution, a national blockchain network would have to be created where the network would be maintained by multiple trusted individuals, in this case probably citizens, the network would have to be secured against front-running attacks, and a registry would have to be put in place so as to prevent the creation of multiple addresses by a single person.

A feature of such a solution is that votes would not have to be counted by individual people only the system would do it automatically.

In my opinion, public voting via blockchain is a matter of about 20 years.

E-Voting OSIS

Why VCs like Sequoia bets big on crypto?

Reading Time: < 1 minute

Each of us, and certainly the Gen-Z representatives, wondered what it would be like to watch the Internet grow so rapidly from an adult’s perspective.

A lot of faith in the unknown on the part of nerds and people who began to grasp the early Internet as a passion, and a good dose of unconvincement on the part of old-timers.

Many people high up in venture capitals compare those days to the current adoption of web3 and cryptocurrencies, and it’s no coincidence that the companies responsible for early investments in companies like Intel, Facebook, and more are betting big on the crypto industry today.

One such venture capitalist is Sequoia, a company that made early investments in, among others, Zoom, Snowflake, Apple, Airbnb and many others.

Sequoia in 2022 created a separate fund dedicated to the web3/crypto industry amounting to $500M.

In my opinion, if the big players enter the industry in the same way when they entered what we all use now, the topic must be more than interesting.

Sequoia becomes largest VC fund in India, losses three directors in past 15 months

Crypto mass adoption is coming!

Reading Time: < 1 minute

We live in a time where any transformation is difficult to predict, and as a rule, trends have been preparing us for many years until the change suddenly arrives, but abruptly, despite the fact that we have been expecting it for many years.

Banks rule our lives and not only that, on the one hand officially we are the holder of the money, but the moment we make a larger monetary electronic transaction, we can expect a phone call from the bank asking about the details of that transaction. Is this true possession?

An alternative to the traditional banking system is a network created only by users, and here cryptocurrencies come to the rescue, a transaction system created only by its users where no one will be able to tell how much money someone has and what they intend to do with it. Such a system, of course, also has its drawbacks, it is an ideal instrument for crime, but in my opinion, it is the drawbacks that we must face and collectively eliminate them through verification systems and more.

Already in 2020, there were 63 million cryptocurrency users, which is almost as many as the population of Thailand. We are now in 2022 and the number is certainly higher. Mass adoption of cryptocurrencies is coming, we are now already able to pay for groceries with cryptocurrency and take loans.

Crypto Currency Background With Various Of Shiny Silver And Golden Physical Cryptocurrencies ...