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Geralomo Cardano

Looking for Cardano on Wikipedia leads you to this entry:

Gerolamo (also Girolamo[3] or Geronimo[4]Cardano (Italian: [dʒeˈrɔlamo karˈdano]; French: Jérôme CardanLatinHieronymus Cardanus; 24 September 1501 – 21 September 1576) was an Italian polymath, whose interests and proficiencies ranged from being a mathematician, physicianbiologistphysicistchemistastrologerastronomer, philosopher, writer, and gambler.[5] He was one of the most influential mathematicians of the Renaissance, and was one of the key figures in the foundation of probability and the earliest introducer of the binomial coefficients and the binomial theorem in the Western world. He wrote more than 200 works on science.[6]

Cardano partially invented and described several mechanical devices including the combination lock, the gimbal consisting of three concentric rings allowing a supported compass or gyroscope to rotate freely, and the Cardan shaft with universal joints, which allows the transmission of rotary motion at various angles and is used in vehicles to this day. He made significant contributions to hypocycloids, published in De proportionibus, in 1570. The generating circles of these hypocycloids were later named Cardano circles or cardanic circles and were used for the construction of the first high-speed printing presses.[7]

Today, he is well known for his achievements in algebra. In his 1545 book Ars Magna, he made the first systematic use of negative numbers in Europe, published with attribution the solutions of other mathematicians for the cubic and quartic equations, and acknowledged the existence of imaginary numbers.

https://en.wikipedia.org/wiki/Gerolamo_Cardano

Always wondered where the inspiration for the name was from. Explains why Charles was talking about using Geralomo as a product name too…

P.S. There’s now a Cardano Cryptocurrency page on Wikipedia too. Good to see that got fixed.

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The Bitcoin Life Raft

Raoul Pal (ex Goldman’s and CEO of Realvision) knows finance. He makes an interesting case for why BTC will increase in value in the next 5 years. Along the way he touches on important topics of monetary and fiscal policy and how the IMF and Central banks may look to use digital currencies to address some of the issues with the current system.

At ADAvault we also think we will see BTC heading towards a reserve currency role in the mid term (Metcalfe’s law will help here plus the fact it already performs that role in the crypto space).

However we see a larger role for other cryptos to deliver economic identity and enable access to financial services for the unbanked. There are stronger candidates to provide specific capabilities, for example smart contracts, for reasons explored in other blog posts.

Long but worth watching in full.

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Future of Blockchain in Africa

Nice interview from Charles on Future of Blockchain Innovation in Africa recently posted on You Tube. Relevant and of interest given IOHK goals to increase Cardano adoption globally and specifically in Africa.

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New version of Daedalus

A new version 2.3.0 of the wallet is available. From the release notes:

The Daedalus 2.3.0 release delivers automatic updates, removing the need for manually downloading Daedalus installers in the future. This release also brings improvements to the delegation user experience with improved stake pool ranking and off-chain data aggregation server (SMASH).

Daedalus is now capable of automatically downloading and initiating updates, which means that future Daedalus updates will be delivered through this mechanism. There is no longer any need for manually downloading Daedalus installers from the Daedalus website. 

A green dot in the Newsfeed section of the user interface will indicate that a Daedalus update is available. The download will start automatically. Once the download is complete, the system will prompt you to quit Daedalus and start the installation by clicking a button. 

Strangely the initial test we have performed suggests that the ADV ranking is still #173 in Daedalus compared to #51 in Yoroi and Adapools at the time of writing. Will update if it changes…

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Singularity Net

If you love AI and you love Cardano you’ll love this….