Core Magazine February 2016

Page 1

INSTANTDEX, NAUTILUSCOIN, INTERVIEWS AUDIOCOIN WHAT'S INSIDE BitcoinRush, PAX andCRYPTOFUND, NEXT asset interviews, The BTCOR Daily Decrypt and MORE

ISSUE#6 #2FEBRUARY OCTOBER 2015 ISSUE 2016

core Harnessing the benefits of technology for the good of humanity

http://coremedia.info/ http://coremedia.info/ http://coremedia.info/

Secure Your Future In Cryptocurrency Investments

slack.coremedia.info


BTCORPAGE NEWS INDEX Page 2 What is Bitcoin? What is NXT? Page 3 - 8 NXT News - NXT 1.7.4 Released - Quack Plugin - The NXT Community 3D Virtual World - EIX and MMNXT Merge into NEXT - Cryptsy Hacking - Use Your Bitcoin's on Amazon. de with Coinomal Page 9 - 10 'PAX' Interview Page 11 - 12 BitcoinRush Interview

Page 13 - 16 The Daily Decrypt Page 17 - 18 United Earth Page 19 - 20 CORE News Page 21 - 22 Musings on Terence McKenna and the Role of Blockchain Technology in 2016 Page 23 - 24 Transpotime21Bus Chapter 5 Page 25 NEXT Project Page 27 - 28 TOP 5 SuperNET Slack Chats Page 29 - 30 CORE EOM Report

TranspoTime21Bus Comic Chapter 5

Articles

Interviews


BITCOIN AND NXT What is Bitcoin? You may have heard of Bitcoin on TV, or in a conversation with friends. Truth is, Bitcoin is more than just “funny money”, in fact it is now a force to be reckoned with. Dig a little further and you will find Bitcoin is actually an extremely fascinating concept. Bitcoin is an internet digital currency. Unlike other digital currencies like PayPal, Bitcoin is decentralized. Decentralization, in the context of Bitcoin, means every transaction made on the Bitcoin network can be viewed by anyone around the whole world. Furthermore, all the information of Bitcoin transactions is downloaded onto every Bitcoin users computer making it impossible to shut down the Bitcoin network. The Bitcoin protocol cannot be hacked and if backed up correctly can be even safer than storing your money in a bank. Bitcoin can be used to buy things in the real world. Want a new TV? A cup of coffee to start the day? Try paying for it with Bitcoin. “At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions… all good things” - Peter Diamandis

What is NXT? NXT is a cryptocurrency just like Bitcoin. Bitcoin is the original cryptocurrency that started it all, however, it is limited in its functionality. NXT takes cryptocurrencies to the next level. NXT is labelled as Bitcoin 2.0 because of its ability to host IPOs and small businesses. NXT can be used to crowdfund any project, large or small. The best comparison is that NXT is like the cryptocurrency stock market. NXT has many innovative projects already yielding results and users who hold those assets reap the benefits through dividends. The NXT wallet is also regularly updated, fully functioning, dynamic and easy to use.


GET BULLISH ON Monthly NXT/SuperNet News Wrap-up

NXT 1.7.4 Released - Update Your NXT Client! On the 621,000th block, the NXT blockchain made a hardfork and version 1.7.4 went live. In order to use and spend your NXT you MUST update your client. Prepare accordingly.

To download the latest NXT Client CLICK HERE The 1.7.4 NXT client is an exciting upgrade. The NXT developers have been working hard to bring new innovations to the public. One of the most exciting things about owning NXT is that you can rest assured that it will always be upgraded and constantly worked on. While some of the new features are quite technical, here I will focus on five features that should excite the end user. We asked Riker, NXT core developer, to explain 5 new features of the new NXT 1.7.4 client... 1. Coin Shuffling "a privacy feature to enable users to mix their funds quickly and efficiently with other users' funds by creating a random mapping between the existing user accounts and a new set of recipient accounts provided by the shuffling users. Intuitively, on blockchain coin join."

3


2. Data Cloud "central distributed repository for arbitrary data, each items in the repository is signed and time-stamped so cannot be tampered with. Suitable for distributing files up to 42K. Can be used as bulletin board or as free speech application." 3. Stable Block Times

"reduce actual average block time to 60 seconds and considerably reduce the number of blocks over 10 minutes thus making block times much more stable." 4. Account Control for Phased Transactions "all transactions from a controlled account has to be approved based on a specific voting model. Sort of multisig account on steroids."

5. Singleton Assets "trade-able assets from which only a single unit exists. Can represent current ownership of goods such as rental car, apartment, jewelry, art work etc."

Test out the new 1.7.4 NXT Client Demo at http://nxt.org/demo/


Quack Plugin - Asset to Asset Trading NXT plugins are standalone applications that bring additional functionality to the NXT client and allow users to customize the NXT client to fit their needs. Quack is a new NXT plugin developed by blackyblack1. Quack aims to facilitate easy, safe and secure atomic swaps of NXT assets and monetary system currencies. This is an exciting addition to the NXT ecosystem as it will make trading on the NXT blockchain more dynamic. Quack facilitates without any conversions to NXT the following types of swaps: - Asset<>Asset - Asset<>Currency - Currency<>Currency This functionality became possible after the recent hard fork to NXT 1.7.4 when phased transactions were implemented. Both users on both sides of the trade need to agree to the transaction before the transaction can go through. Perhaps the most significant aspect of the Quack plugin is that it allows NXT assets and monetary system currencies to be bought directly with BTC via the pegged asset superBTC. A plugin functioning akin to a decentralized escrow service, the possibilities with Quack are endless! Quack is a fantastic example of the NXT community coming together to develop a solution and bring additional functionality to the NXT platform by creating a plugin. If you would like to tip the creator of the Quack plugin, you can enable tipping through Quack trades (3 NXT). Although the core NXT developers do plan to add asset-to-asset trading functionality to the core client in the future, this will take some time to be implemented so for the time being CORE recommends you give Quack a go! For more information and to obtain the Quack plugin go to NXT forum.

5


GET BULLISH ON NXT

The NXT Community 3D Virtual World OutSL, prominant member of the NXT community, is currently developing a 3D Virtual World built for the NXT community. A virtual world is a "3D environment generated and simulated by a software or an application in a way that reflect the real world conditions like a blue sky and sun by day, dark with stars and a moon by night, an ocean and a land or the ground, persons (avatars) and animals.... all what exist in the real world can be edited and represented in the virtual world... the virtual worlds are not games!" The NXT Virtual World is being built as an online business hub. People will be able to walk around the virtual world learning about NXT assets and services and will have the ability to interact with them. As NXT is an online currency, one which is completely decentralized, the need for such environment is very much needed. In order to purchase land, you will need to use your NXT Wallet, go to the Marketplace and enter NXT-USKX-8L4P-QJJJ-DSJ7N. Here you can purchase land for 1 year and also purchase avatars within the world. CORE has already purchased our land! For more infomation, go HERE and HERE.


Millions of USD Backed Assets Sent Out Due to Dividend Glitch, Oops! CoinoUSD is an asset issued out by Coinomat which is backed by USD. Unfortunately the program used to distribute assets had a glitch and millions of CoinoUSD were issued out to users already holding CoinoUSD. While it seemed to a complete disaster, markets on centralised servers and on the coinomat website were immediately notified and disabled. Unfortunately, due to the decentralized nature of the NXT Asset Exchange, the buy order books were completely filled. Luckily the account that did so cooperated with Coinomat. As a result, a new asset will be issued out in it's place. This new asset is called NXTUSD. CoinoUSD is still disabled and we advise you to not trade CoinoUSD on the NXT Asset Exchange as they are currently worthless. Keep up to date at the NXT forums HERE

Cryptsy Finally Admits to being Hacked Cryptsy, considered to be one of the leading alternative cryptocurrency exchanges, has finally admited to loses up to $6 million dollars from glitch in it's websites wallets. The hacker, named Lucky7Coin, inserted a backdoor Trojan Horse into the wallets to collect infomation. 13,000 BTC and 300,000 LTC were stolen. The hacking took place a year and a half ago however Cryptsy decided to cover it up after being ignored by authorities. Cryptsy believed they could reclaim the money back through transfer fees. Credit where credit is due, the SuperNET community was well on top of all deviant behaviour conducted by the website and were warned to steer clear. This did not just affect the NXT community, but all coins on the exchange. CORE Media advises readers to not leave their coins on centralised exchanges and to properly backup their coins. Currently SuperNET is in the middle of trying to fix the problem of centralised exchanges with InstantDEX.

7


GET BULLISH ON NXT

EIX and MMNXT Merge Into NEXT January saw the merging of two major NXT funds, EIX and MMNXT. Both of these two funds previously were relatively similar in how they were run so it made perfect sense to merge the two into a "super asset". Both assets were run by respected members of the NXT community. The new asset is named NEXT. EIX was essentially a NXT Hedge Fund which allocated most of it's capital into bot trading. It also put capital into Forex/crypto trading and built an asset portfolio. MMNXT is a market making bot such focused mostly on the NXT Asset Exchange. MMNXT also made revenue in the USD/BTC markets. Both assets have had their setbacks. EIX unfortunately had some of it's funds stolen from their Forex trader, this reduced their capital but didn't reduce the price of the asset a great deal. MMNXT unfortunately saw a drop in price because the NXT Asset Exchange volume has dropped over the recent months. The new asset, NEXT, will breathe in life into both projects. The capital is now not specifically in the NXT Asset Exchange but in arbitrage bots where money will be allocated simply to markets with large volume. Keep up to date HERE. In order to help bring in extra funds, a new asset named NEXTBOND was issued out. According to the website, "NEXTBOND is backed by lower-risk trading and provides daily fixed payouts in Bitcoin on NXT blockchain (SuperBTC asset)." ROI every month is 2%.

More NXT News... - BTCD added to Bitebi9Exchange - NXT releases 1.7.5, small code clean up release - NXT Wiki updated, A new start! - FreeMarket is adding escrow


'PAX' Pegged Asset Exchange Project from SuperNET Interview with Cassius 1) What is PAX? PAX is BitcoinDark's Pegged Asset Exchange. It will allow users to lock funds to the value of real-world securities - assets, currencies, commodities and so on. What that means is that anyone will be able to use PAX to invest in stocks or precious metals, lock funds to USD or CNY, and so on, without jumping through the bureaucratic and KYC hoops (and paying the high fees) that are involved when going through traditional exchanges and brokers.

2) How does it work? The simple version is that BTCD are burned (effectively destroyed) and then redeemed (recreated) in the amounts required. So let's say you want to lock funds to the value of $10 USD, and BTCD is $1. The exchange rate is provided in each staked block by a decentralised price feed. You send 10 BTCD to the designated burn address, specifying when you want to redeem them, and receive a string of 'bearer bits' in return. At the end of the given period of time, you receive BTCD to the value of $10, at the new exchange rate. It could be a year later and BTCD is now at $2, so you'd receive 5 BTCD. Of course, this raises various problems. You don't want to be creating lots of new coins if the value of BTCD drops and you need more of them to pay for the locked funds on redemption. Fixed supply is a big deal in crypto. So, there are various mechanisms to avoid that issue.

3) How is the price maintained? This is where it gets more complicated. You want to ensure that users receive the funds they have locked, without messing with supply. There are a few ways this happens. Firstly, you can lock funds long or short. So if you think BTCD is going to go down in value relative to the dollar, itmakes sense to lock funds as USD. But equally, you could lock funds as -USD (you think BTCD will rise against the dollar). Leverage is available. The trick, of course, is to make sure +USD and -USD are roughly in balance. That way, coin supply isn't

compromised. This is achieved using an incentive system to encourage users to lock funds in a way that keeps the system in balance.

9


Short term traders pay a 1% spread, and this funds interest payments for longer-term investors. Interest rates of up to 7.77% are paid, upon redeem. If a lot of people are locking funds as -USD, the rewards on -USD will drop towards 0%, whilst the rewards for locking funds as +USD will rise encouraging more people to go for that option. There are also limits to the amount of each security (USD, GOLD, FTSE, etc) available, so combined with the incentive system, this ensures that no 'unfunded promises' are made. (The more people use the system and lock funds, the higher the limits.) Finally, in case of a black swan event - which shouldn't happen according to the simulations run, but better safe than sorry - there is a reserve than can be injected directly to cover positions.

4) What makes trading on PAX unique? How does it differ from Bitshares?

5) PAX is part of superNET and BTCD, could you explain there relationship and how PAX benefits both parties? PAX is built into BTCD. It's part of the protocol. So is SuperNET. Although SuperNET uses features and tech from many different coins, the core functionality is coded into BTCD. There's a symbiotic relationship there, because BTCD will receive stakers' dividends from SuperNET revenue.

PAX Infographic

PAX is different to any other pegging system. Firstly, it's fully decentralised. I don't believe any other system can claim that. It doesn't require any collateral, as BitShares does. And BitShares in particular has poor liquidity, which means it's very hard to buy any number of BitUSD for $1 - which completely defeats the point. I'm also a little concerned about BitShares' model, because it can come unpegged if BTS moves 50% in a day. That's a lot, but this is crypto. It means that BitShares' answer to the problem of volatility in crypto can be broken by excess volatility‌Otherwise, PAX has a slightly different redeem mechanism. Funds are locked for a specific period of time, so you can't redeem until that time is up (though you will eventually be able to trade locked funds on a secondary market). The way PAX works means that sudden fluctuations in BTCD price are still possible as they are with any crypto or other commodity but balance will be restored by the incentive system.


BitcoinRush Interview What motivated you to do a youtube channel about bitcoin and alternative cryptocurrencies? 1. What motivated you to do a youtube channel about bitcoin and When I discovered crypto-currency at the end of 2013, I was alternative cryptocurrencies?

fascinated by the idea of underlaying blockchain-technology. Cryptographic technology based on programmable trust, digital cash moving extremely cheaply in no time across the net, decentralization of a stagnate financial system, no third party involvement, and the unique momentum of building a new free economy inspired me to support the current crypto evolution, I found my part in it.

Out of all the projects you have covered, which one were you the most impressed with? I have indeed covered a whole variety of revolutionary concepts, some of them are gone, but many still exist today and without bias, NXT is definitely among my favorites.

11


Support What does your crypto portfolio consist of? Well, Bitcoin Rush is Crypto News Media - ALL THE WAY. Bringing knowledge about cryptographic technological developments to the community. Weekly crypto news shows introduce all types of crypto related businesses and innovations. I’m a one man enterprise. As of today, I’ve produced and published 58 episodes on YouTube, a few interviews including Andreas Antonoupolos, Bobby Lee and Andrey Zamovskiy. I featured NXT in an exclusive episode just a couple of weeks ago: I loved it.

What do you think of NXT? I myself own NXT-Coin. The reason that I’m fascinated with NXT is that it’s not built on the Bitcoin protocol, it’s built on Java and therefore can be used with a wide variety of mainstream devices, also beneficial for mainstream adoption. It’s a second generation cryptocurrency that already plays a very important role in the crypto-space by offering alternatives to Bitcoin. I’m very excited about the enterprise of NXT, especially when it comes down to financial privacy, which the new development of CoinShuffling is providing. I’ll definitely follow NXT closely and hopefully I’ll get to feature future projects as well. Thanks for the interview, I really appreciate it, indeed. Support BitcoinRush! http://bitcoinrush.us/ https://twitter.com/bitcoin_rush https://www.youtube.com/user/bitcoinrush


Cryptocurrency and P2P Tech News Brought to you by... "The Daily Decrypt is an independent member of the Let's Talk Bitcoin network and offers daily weekday video casts to its listeners on a wide variety of cryptocurrency and blockchain technology topics." Click on the images below for FULL daily breakdowns

January 4-8th, 2016

January 11-15th, 2016

January 18-22nd, 2016

January 25-29th, 2016

13


Must Watch Episodes of January

Thursday's episode brought to our attention 15 charts that depict interesting, often overlooked information regarding Bitcoin such as transaction volume, venture capital funding, hashrate distribution, wallet growth, ATM installation, and brick and mortar storefront adoption.

Thursday's episode summarized 5 ways by which the cryptocurrency king, Bitcoin, could potentially be dethroned: - Bitcoin fails to de-cap its block size, or at least dynamically scale it to meet demand. - Bitcoin fails to expedite its governance and decision-making process. - Bitcoin fails to make its addresses human-readable at the protocol level. - Bitcoin fails to offer instant confirmations, or increased trust of zero confirmation transactions. - Bitcoin fails to incentivize honest actors to run full nodes.


The Daily Decrypt began the week of January 18th, 2016, with an episode on Bitcoin Classic, a new Bitcoin variant that is gaining traction within the industry. Bitcoin Classic is proposing an increase in the block size from 1MB to 2MB. Many notable figures within the industry have thrown their support behind the variant, including mining pools like BitMain and BitFury, companies like Coinbase and Bitstamp, and notable personalities like Roger Ver. The variant is also being developed by some notable figures, including Gavin Andresen and Jeff Garzik. A voting section has been deployed to the variant's homepage in an effort to bring some decentralized governance to the variant and its direction. The variant currently has just 8 nodes running its codebase, but that number is expected to increase as the code becomes more widely available. For more information or to get involved in the discussion, visit the Bitcoin Classic subreddit or request an invite to the Bitcoin Classic Slack team.

On Wednesday, host Amanda sat down with us to offer some insight as to how she got interested in money, finance and ultimately cryptocurrency. She, like many others, became interested in learning about money and economics after the 2008 financial crisis in the United States. Her research ultimately led her to the Mises Institute, a notable organization promoting Austrian economics, where she learned that competition is healthy and a cornerstone of a free and evolving economy. Cryptocurrencies, Amanda believes, are significant because they are technologically superior to traditional fiat monetary systems and are creating fierce competition for fiat currencies and therefore fueling the evolution of our monetary systems. Because governance and money are so heavily intertwined, Amanda believes that cryptocurrency technology is the future and that it has the power to empower us as individuals in the face of the broken economic and governance ​ systems of today.

15


"If it were in any way possible to grant this right of self-determination to every individual person, it would have to be done. This is impracticable only because of compelling technical considerations, which make it necessary that a region be governed as a single administrative unit." ~ Ludwig von Mises

Daily Decrypt finished off the week with a lighthearted episode on Friday featuring a winter walk with Russian beauty, Irina, who described seven reasons she likes cryptocurrency more than fiat. - Predictable Inflation Rates - True Ownership - Certainty of Payment - Always Available - Payments to and from Anyone, Anywhere - Multiple Options - Programmable, Upgradable Money

The final episode of the week was an interview with Dr. Keith Smith of the Surgery Center of Oklahoma. The Daily Decrypt team first found the healthcare facility in 2014 while searching for healthcare with an upfront price tag available for exchange with Bitcoin. The facility is a fine example of functioning free market healthcare which gained notoriety after performing a surgery in exchange for Bitcoin and gold.


Since we’ve launched CORE Media and proclaimed our intention to harness the potential of technology to empower humanity, we’ve learned about and connected with numerous organizations that align with the new paradigm we seek to bring into existence. One such organization is United Earth, which serves to function as a resource and toolkit for networking and empowering the life-affirming, new paradigm-seeking folks across the globe. "Humanity urgently needs a new story to effectively address the multiple crises we are facing such as climate change, ecological destruction, war, economic inequality, etc. Today there is a rapidly growing understanding that all these adversities are inherently interconnected, and that they are all symptoms of political and economic systems which are disconnected from the welfare of humanity and our home.

United Earth is basically a 'universal docking-station' for both individuals and groups where we can all share and discover our diverse wealth of knowledge, ideas, visions, skills, tools, technologies, resources and transition strategies on one common platform. Here we can focus our collective intelligence and cooperative actions towards a peaceful, free, just and healthy world for everyone.� United Earth believes that we already have the solutions to many of our problems available to us and recognizes that the next step is overcoming the obstacles keeping them from being implemented.

17


To help address this, a Solutions Toolkit is available on their website and provides links to a plethora of information on relevant issues and potential solutions. A primary concept central to these solutions is that of re-localization. Many of the problems humanity faces today are the result of systems that have led to the destruction of local economies for the benefit of global conglomerates. United Earth knows that the planet and humanity can only thrive collectively as much as its parts thrive individually and thus advocates solutions that focus on re-localization of our systems and believes that we can leverage our global interconnectivity through technology and the Internet to empower our local communities by sharing tools, resources, and skills and learning from countries and communities across the globe who have experienced success in re-localizing such as Iceland, Ecuador, and Costa Rica. The first of the technological tools United Earth aims to provide is called the Noomap. It functions through a series of algorithms that serve to connect individuals and communities that have compatible needs and resources or skills to share. For example, if a community in northern California needs a permaculture expert trained in food forest design, Noomap can find someone with the skills the community needs and make the connection. United Earth invites all life-affirming individuals worldwide to participate in building the Noomap by sharing the skills and resources that you need and those that you have to offer. With our participation, Noomap can evolve into an invaluable map of empowered beings with incredible skills and knowledge to share and begin to connect the dots worldwide and empower humanity as a global society of interconnected, localized communities. Please visit United Earth's website and explore the possibilities of Noomap at https://united-earth.vision/.

Written by Infinitechaos


core NEWS CORE ID: 18026565504333172181 CoreMedia ID: 1584198250936051677

CORE is a NXT token family, formerly BTCOR and launched in early 2015, which engages in dynamic revenue generating activities and holds in its treasury an impressive array of investment assets including gold, silver, Bitcoin and a plethora of other NXT tokens and cryptocurrencies. Building upon the strength it demonstrated throughout its first year, CORE continues to revamp and expand its scope of operations. Its founder plans to bring aspects of his brick and mortar business to the NXT ecosystem in early 2016 and a companion initiative, CORE Media, began its operations in December 2015. CORE Media aims to function as a megaphone of sorts for legitimate businesses and projects built on the most innovative blockchain-based platforms like NXT and SuperNET via its numerous media outlets including its website, CORE Magazine, its well-established social media accounts and its own radio channel, CORE Radio. With a versatile team of skilled writers and dedicated professionals presenting the most upto-date cryptocurrency news, CORE Media serves to introduce an expanding range of demographics to the 'Internet of Money’. Available through the CORE Media web portal is CORE Social, a unique social media website that will ultimately cater to the specific needs of the cryptocurrency community. Although the website has been launched with a basic feature set, implementation of advanced features the cryptocurrency community needs is already in progress. CORE Social will soon provide features like file transfer, real-time private messaging, webinars, item sales, a live chat box, birthday announcements, instant language translation, MixCloud integration for CORE Radio, business and venture page setups, mainstream social media platform integrations, calendar sharing and more. A subsection of CORE Social currently under development but available on the website is CORE Health - a portal to a wide variety of information on health and wellness topics.

19


With this initiative CORE is promoting the notion that a healthy mind and body is a successful mind and body and intends to empower people to lead a well-rounded lifestyle that includes a healthy diet, physical and mental exercise, and crypto! Also under development but not yet available on the website is CORE Guru - a next generation education tool which will allow you or anyone to create and teach a course on any topic and to be paid in NXT and BTC by people attending the courses. Courses will include CORE Certificate of Completion, tests, quizzes, etc. A full course on Bitcoin and NXT is expected to attract many to seek certification. Other potential course topics include mining and forging pools, food preserving traditions, and health topics. Although advertising space is already available on all CORE Media websites, the final feature which will complete the CORE Media web portal is CORE Advertising, an advanced platform which will allow customers to log in, purchase, and select the location, duration, and other specifications for advertisements. A number of recent internal promotions at CORE indicate that the CORE family of tokens is powered by an enthusiastic and skilled team making CORE’s presence felt far and wide and positioning CORE to continue along its trajectory of growth at a formidable rate. CORE, CORE Media and the brick and mortar business tokens will soon be available for instant purchase with Bitcoin, will remain paired against NXT on the NXT asset exchange and will be paired against Bitcoin on a new exchange scheduled to launch in a few months.

Monthly dividends for all CORE family tokens will be paid in Bitcoin and NXT beginning February 1, 2016. 1% of the brick and mortar business assets will be sent out to CORE token holders at launch and both the CORE and CORE Media tokens will be entitled to a percentage of any monthly profits generated by the brick and mortar business to be paid out monthly. For more information on the CORE family of tokens, please visit CORE Media website and join us on Slack.


Musings on Terence McKenna and the Role of Blockchain Technology in 2016

The holiday season has come to remind me of several significant happenings in my life, one of which is the day I first learned about Bitcoin. During my college years, my friends and I were complete Terence McKenna junkies. McKenna was a counterculture prophet whose books and public speaking appearances earned him a die-hard cult following in the decades leading up to his untimely death in the late 1990s. He was subsequently immortalized thanks to his followers who seem to have succeeded in digitizing and uploading to the Internet everything the man ever said or wrote. McKenna spoke on many topics ranging from psychedelics, consciousness, culture, politics, and extraterrestrial life to the Internet and the significance of computer technology. He believed that the Internet is a technological manifestation of the collective unconscious, providing a medium through which all information and imaginations can be shared. McKenna had built himself a computer and modem setup in his home on the big island of Hawaii in the early 1990s and was surfing the web and using the Internet on a level entirely unknown to the world at the time, accessing US Department of Defense databases and academic research abstracts long before most of us had even heard of the Internet. I had always been fascinated by many of McKenna's musings, but his musings on computers and the Internet were of particular interest to me. Coincidentally, it was at Terence's brother Dennis' Boxing Day party in late 2012 where I learned about Bitcoin for the first time during casual conversation with a man I had met there. He conveniently had a laptop with him and we sat down as he showed me his wallet, sent me some coins, and explained to me why this technology was so revolutionary. I can only imagine what Terence may have had to say about blockchain technology if he were still alive today. If he thought of the Internet as a manifestation of the collective unconscious, then perhaps he may have explained the blockchain as a sort of codified manifestation of objectivity. The blockchain is a distributed ledger system, a copy of which is maintained on every single node participating in the network. McKenna at times speculated that something of the sort is

21


how consciousness behaves. As humans experience reality, we are immersed in a sort of feedback loop mechanism with consciousness. Our experiences are fed back into the field of consciousness, what some might call the Akashic Record, and then become available as a source of information or inspiration for future experiences to be had by all conscious beings. The blockchain operates very similarly. All nodes participating in the blockchain are submitting data to the ledger and at the same time drawing data from the ledger. In this way, the blockchain becomes an objective representation of all data and information that has passed through it. The ramifications of this technology are nothing short of revolutionary. With the ability to code objectivity into our systems comes the ability to mitigate the influence of human behavior on our systems. It is no secret that human civilization has always struggled with greed, imbalance of power, and corruption and these behavior patterns always seem to find their way into even the most intelligently designed systems. I think that McKenna may have shared my enthusiasm for the potential for blockchain technology to undermine the influence of these behavior traits on our systems of social and cultural organization. If we can succeed in placing the blockchain at the foundational level of our systems of governance and money, we will have laid a sound foundation for a truly free and democratic global society.

The blockchain can sustain elections in which votes are tallied with accuracy, implementation of laws truly supported by the majority, control of the monetary supply and economy by the people, contracts between two parties in the absence of any third party human or government, and security of data and personal information. Soon to be free from being held down by the greed of a wealthy minority, human civilization is on the cusp of a true revolution of sovereignty and an ensuing explosion of human potential, imagination, and creativity. McKenna was popular in the counterculture due in large part to his advocacy of personal empowerment, placing an emphasis on the power of direct experience brought about by the dissolution of boundaries between the conscious and unconscious, the sovereign individual and the state, and culture and reality. I have no doubt that McKenna, if he were still alive today, would be standing alongside the likes of Andreas Antonopoulos and Roger Ver, preaching to the people the power of the blockchain and the importance of encryption. Governments and corresponding power structures can only be rendered powerless and irrelevant if we, the people, build and embrace superior systems. The antiquated systems of today are thus no longer worthy of our participation. Don't vote, don't call your politicians, don't complain to your neighbors. 2016 is the year the blockchain takes over. Embrace the blockchain, learn about encryption, and actively create for ourselves a bright and prosperous future.

Written by Infinitechaos


Transpotime21Bus Chapter 5 Futurist was not just another member of the transpotime21bus crew, he was a gift from science. He could not feel his own pulse, the direct transmision of his heart as he did not have one. He was the best storytelling robot on the planet. Telling stories was his passion and one day Gifted Girl, jl777, feeling tired with thousands of thoughts and emotions filling her brain with codes and formulas decided to have a break and asked Futurist to tell her a story. JL777: Please Futurist tell me a story Futurist: Storytelling normally comes from writers, journalist , poets etc. Why are you asking me? JL777: Because you are not just a very modest robot but the best robot storytelling on the planet. Your aim of telling stories is not to delight your audience but to teach them morals. Futurist: No, I am the one who learns from the audience when they tell me what they think of the moral of my stories. JL777: You are better than a writer or a poet as your stories are more visual than watching a movie. So please tell me a story! Futurist: Ok, here we go. Once upon a time, long long longer than any original thought can remember there was a cow called Cow Olwison (Old Wise One). Olwison one day was walking along the bank of the river looking for a spot shallow enough to cross. Finally, Olwison found a spot, but while waiting there in the water there was a piranha that greeted her. It's name was Devranha. Devranha: ''Good morning Cow, are you crossing the river today?" Olwison knowing that the Devranha (Devious Pirahna) was a bad fish, he responded: ''Hey there Devranha, me and my mates need to cross the river. Will you grant us safe passage? The last time a cow tried to cross this river, your mates ate the cow. Are you here alone or are your mates hiding nearby, waiting for me to cross the river?" Devranha responded: "No please do not think like that, we are good and kind pirahnas, we are even vegatarians and don't eat cows. It's against our religion to eat sacred cows.

23


Olwison being deeply connected, knows the truth, he can sense the lies emanating from the mouth of the Devil Fish. Olwison knowing it's likely his last long trip with the herd, and of course being very old and knowing did not have much time to live he devisesed a plan and went back to the herd. He gathered the herd, and brought them to the river. Olwison: ''We are going to cross the river now, please tell your fish friends to keep their distance so as not to spook the herd, especially the women and children. I am going to be the first of the herd to cross, so I can prove to the rest what gentle creatures you are.'' Olwison puts something in his mouth. As the cow was crossing the river Devranha and mates swam up to his ankles and started to chew his legs off. Devranha: "Mmmm. Tastes just like beef" The piranha's devoured Olwison in a matter of seconds. As the swarm left the sinking carcass, with full little bellies, Devranha turned to his other companions and belched :"BURP! I just love April fools' day ... don't you?'' Soon, after devouring the cow the piranhas started dying, Olwison had poinsoned himself before entering the river sacrifing himself to provide a save passage to the rest of the herd. By Damon and RobertTM


With Coinomat What is NEXT? Capital will be used to trade arbitrage NEXT is a unified trading asset on NXT bots, mostly BTC arbitrage between platform. "Unified" means that we plan exchanges. Also low risk alts arbitrage will be added. On top of that we're open to use NEXT funds to trade various markets, and invite third party traders to working with any traders with stable trading record. to work with us. We want NEXT to become the go-to trading asset on asset exchange, and aggregate various NEXT has an interesting new way of trading ventures under one umbrella. increasing capital with NEXTBOND, So focus will be made on low risk could you tell us about that? trading ventures which are able to provide constant low volatility payout We feel that NXT AE needs assets tied streams. to BTC. it would reduce volatility connected to NXT price fluctuations, How did the merger between and bring more confidence to project MMNXT and EIX come about and supporters. NXTBOND is a step in this direction, which aims to provide why? constant payout stream and also Recently NXT asset exchange has been support SuperNET project, buy using SuperNET BTC asset for handling going through rather hard times. We decided that it would be best to merge deposits and payouts. our efforts and do some assets consolidation in order not to dilute our Why are assets such as NEXT so efforts and offer a better product to AE important for NXT? traders and supporters. We think that it's time for consolidation for NXT We believe that assets like NEXT can ecosystem in general, concerted and start a new chapter in NXT history. targeted efforts are needed to make Dividend paying, stable assets is what NXT grow and bring more attention to NXT ecosystem needs at the moment. the most valuable part of NXT NXT needs new blood and we hope to ecosystem, namely NXT Asset attract new people to NXT by providing Exchange products which no other cryptocurrency has at the moment (btc Where will capital be allocated and paying asset, for example) We hope to grow together with NXT used?

h t t p : / / n e x t r a d i n g . f u n d /


- Out Now -


TOP 5 SUPERNET SLACK CHATS godson_mansa what else you got ? go hard or go home *wolf0 posts up inappropriate image on Slack* jahl wtf godson_mansa haha we're so getting banned lol wolf0 holy s**tf**k - slack inlines images I am so sorry lol

jahl someone's happy wolf0 godson_mansa: you said "go hard or go home" so I figured you didn't care about that, just post something hot that I was thinking of in that category, lol evildave Best new music of 2016:

jetboy what is this? jahl i feel normal all of a sudden godson_mansa this is big f**king room @wolf0 wolf0 godson_mansa: it *was* an accident, xD jahl whatever you guys are into, i doubt james would encourage to post pics like that

peter2615 No arguing about taste :) Since I like this...

mx you can delete also your message in slack @wolf0 jahl too late, already traumatized godson_mansa

stacksavings

27


chanc3r liberty would say at +9000% its still a good buy damelon lol people actually continued to buy at that price? LQD valued at 2x NXT atm

godson_mansa

karlkarlsson my best investment ever 10000% in 1 day, sick bcdev What do you guys think? Is it still a good time to get in? :)

mike according to these new numbers it turns out i should be rich as f**k ... and yet i have a hole in my sock 10k% ... still not enough. we need a bigger pump !

godson_mansa

You're invited http://slackinvite.supernet.org Channel #core-media


core View CORE's End of the Month Report HERE

core asset CORE is an asset listed on the NXT Asset Exchange. We generate revenue from multiple investments as well as "dynamic revenue" streams. CORE is a big believer in the NXT blockchain and SuperNET. SuperNET is difficult to define, however, in its simplest form it is a web of services centered around decentralized cryptocurrencies. CORE is also backed by gold, silver, USD and BTC while also investing in technologies which we believe are beneficial to humankind as a whole. January CORE Dividend: Distribution Distribution of 2.3155041 superBTC and 47384.96 NXT to 121 assetholders. 0.00000508 superBTC and 0.104 NXT per asset. CORE ID: 18026565504333172181

core media asset www.coremedia.info CORE Media is an initiative that will give legitimate assets built on innovative platforms a megaphone to pitch their ideas to the world. CORE Media also has a range of writers dedicated to bringing the most up to date blockchain and asset news from across the globe, good or bad. As the internet is riddled with scams, CORE Media aims to praise legitimate assets and to shame scam assets. Along with our website, we have also issued a CORE Media asset on the NXT blockchain. Content that is created for the website will be paid for by this asset which creates another opportunity to bring returns for asset holders on a monthly basis. The CORE Team intends to create a vast network of media contacts inside and outside of crypto, acting as a bridge between the two worlds. January CORE Media Dividend: Dividend: Distribution of 1.0465 superBTC to 50 assetholders, 0.000003059 SuperBTC per asset. CORE Media ID: 1584198250936051677

29


PREVIOUS CORE MAGAZINE ISSUES

September 2015

October 2015

November 2015

Legacy Edition

December 2015

January 2016

CORE™ Copyright © 2016. All Rights Reserved. All Natural Rights Intact. All Intellectual Property Rights Maintained Ab Initio.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.