Microsoft officially has our backs for when the impending apocalypse wipes out our music libraries. The tech giant has partnered up with Oslo-based Elire Group for the latter’s Global Music Vault initiative, using pieces of glass to preserve the world’s most important music recordings. Together, Microsoft and Elire Group have created what they call a Proof of Concept (PoC) glass platter, which will store a sample selection of music files. The PoC platter is about the size of a coaster, and can hold 100 gigabytes of data in any digital format, encrypted or unencrypted. A laser encodes data in the platters by creating layers of microscopic engravings, which artificial intelligence algorithms can then read back by decoding those images and patterns. Microsoft debuted the PoC platters a f...
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LONDON —A Norwegian company that is planning to create a doomsday vault to preserve the world’s most important music works has partnered with Microsoft on what it calls a “paradigm-breaking” storage solution capable of holding recordings for many thousands of years. Oslo-based Elire Group teamed up with the tech giant to come up with a “proof of concept” silica glass platter that can be used as a medium for storing master-quality digital copies of music recordings, which are burnt into the glass using state-of-the-art laser optics. Elire plans to initially store the glass capsules in a dedicated space inside the Arctic World Archive, an existing underground storage facility located on a remote arctic island midway between Norway and the North Pole. Opened in 2017, the Arctic World Archive ...
Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is underway. Ether/USD 4-hour price at Bitstamp. Source: TradingView On the non-crypto side, a number of equities-related factors are translating to negative sentiment in the crypto market. This week Microsoft (MSFT) lowered its profit and revenue outlook, citing challenging macroeconomic conditions. The U.S. Federal Reserve signalled in its periodic “Beige Book” that economic activity may have cooled in some parts of the country and the Fed is about to reduce its $9 trillion asset portfolio to combat persistent inflation. On the bright ...
Crypto prices have been exploring new lows for weeks and currently it’s unclear what it will take to reverse the trend. Despite the downtrend, cryptocurrencies within the Polkadot (DOT) ecosystem began to rally on May 24 and have managed to maintain gains ranging from 10% to 25%, a possible sign that certain sub-sectors of the market are on the verge of a breakout. Here’s a look at three Polkadot ecosystem protocols that have seen their token prices trend higher in recent days. Acala launches a $250 million aUSD ecosystem fund Acala (ACA) is the leading decentralized finance (DeF) platform on the Polkadot network, primarily due to the launch of aUSD, the first native stablecoin in the Polkadot ecosystem. Following the collapse of Terra’s LUNA and TerraUSD (UST), traders we...