Ethos is a technology company that makes getting life insurance easier, faster, and better for everyone

Ethos

https://www.youtube.com/watch?v=uu51I3K2jbQ&embedable=true&transcript=true , co-Founder, and , HackerNoon Founder, discuss the role of pathos, logos, and ethos in business storytelling. As well as, John Mulaney. Eric Bahn HustleFund David Smooke Publish a story via HackerNoon: https://hackernoon.com/p/publish-with-us Apply for funding from HustleFund: https://hustlefund.typeform.com/to/UG... Try out Business Blogging: https://business.hackernoon.com/busin... Full interview: https://www.youtube.com/watch?v=7hp05... Read HackerNoon :-) https://hackernoon.com/

The Role of Pathos, Logos, and Ethos in Business Storytelling... and John Mulaney

Diving into the intricacies of crypto onboarding and the vision behind one of the industry's most impactful startups, Ishan Pandey welcomes Szymon Sypniewicz, the co-founder of Ramp Network, for our "Behind the Startup" series. From discussions about bridging the fiat-crypto divide to addressing regulatory challenges, this interview provides a comprehensive look into Ramp's mission to democratize crypto access and its ongoing efforts to make the crypto world accessible and user-friendly for all. Beyond Exchanges: Szymon Sypniewicz Discusses Ramp Network's Unique Vision for the Future of Cryptocurrency Ishan Pandey: Greetings, Szymon Sypniewicz. It's a privilege to feature you in our "Behind the Startup" series. Can you shed light on your professional journey and what catalyzed your decision to co-found Ramp Network? Thank you, Ishan, for having me. My journey began in Warsaw during my university years where I met my co-founder, Przemek Kowalczyk. We both had diverse academic backgrounds - I studied law while Przemek delved into physics. Our shared interest in the potential of cryptocurrency brought us together at a meeting of the Polish libertarian party. From the outset, we saw cryptocurrency not just as a financial tool, but as a means of social change and a way to increase an individuals’ agency. Szymon Sypniewicz: Our initial foray into the crypto world involved working on several projects and startups, most of which didn't take off as we hoped. However, these experiences were invaluable as they paved the way for the inception of Ramp. The core idea behind Ramp was to bridge the gap between users operating in the fiat world and the applications native to the crypto world. We envisioned a platform that would act as a gateway, or a "ramp", facilitating seamless interactions between these two realms. Our goal was to ensure that cryptocurrencies could function in a truly decentralized manner. As we developed Ramp, we faced skepticism and questions about why we didn't simply create another crypto exchange. But our vision was clear - we wanted to offer something fundamentally different. We aimed to provide a platform that would enable crypto wallets, exchanges, NFT marketplaces, and gaming companies to integrate crypto payment infrastructure seamlessly. This would allow users to purchase crypto assets without the need to switch between multiple apps. Looking back, our journey has been filled with challenges that have taught us invaluable lessons which made each milestone reached that much more satisfying. From our humble beginnings in a windowless office in Warsaw to the challenging environment for crypto in recent months, our commitment to our vision has never wavered. We've always believed in the transformative power of blockchain and the potential of decentralized systems and as we move forward, we remain dedicated to making the crypto world more accessible and user-friendly for everyone. Ishan Pandey: Ramp Network stands as a beacon for democratizing crypto access. In an ecosystem riddled with technical hurdles, how has Ramp ensured an intuitive user experience while simplifying integration processes for enterprises? At Ramp, our mission is clear: make crypto as easy to use as any other online service. We've built a full-stack payment infrastructure that allows brands and partners to seamlessly and swiftly integrate crypto-enabled services using the Ramp SDK. In fact, integration can be as quick as a few hours. Szymon Sypniewicz: For users, we aim for a one-click experience. No more jumping through hoops or navigating complex interfaces. For developers, we envision a world where adding crypto to their apps is as simple as copy-and-paste, or even drag-and-drop. Our partnerships with hundreds of developers, including the likes of Metamask, Opera Browser, Dapper Labs, Aave, Argent, and Trust Wallet, have been instrumental in refining our approach. Through these collaborations, we've been able to tailor our solutions to the real-world needs of the crypto community. : Vested Interest Disclosure This author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking, the author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program We are stripping away the complexities for both end-users and enterprises. Our goal is to facilitate and support broader crypto adoption through simplicity and efficiency. We won't stop until we achieve it. Ishan Pandey: The Ramp SDK is a pivotal element of your service suite. Can you expound on its multifaceted capabilities and how it fortifies businesses in seamlessly embedding crypto on/off-ramp solutions? Ramp’s SDK is designed to empower businesses, enabling them to effortlessly integrate crypto on/off-ramp solutions into their platforms. Ramp is not just about making transactions easy for the end-users, for developers our SDK is a dream come true. We have refined the integration process, making it more simple and efficient. With Ramp you are able to embed a robust crypto solution with just a few lines of code. Szymon Sypniewicz: And the best part? Our partnerships with top-tier industry leaders such as Metamask, Ledger and Brave means that users can effortlessly buy crypto directly within their favorite apps, sending it right to their non-custodial wallets. It's all about creating a seamless, direct route to the crypto universe, without the usual roadblocks. Ishan Pandey: With Ramp's footprint spanning over 150 countries, how do you believe this extensive coverage accelerates the universal embracement of cryptocurrencies? Being in 150 countries is our way of tapping into the global heartbeat of the crypto movement. Web3 products burst onto the scene with a global mindset from the get-go. When a web3 developer dreams up a product, they're not just thinking of their backyard. They are  picturing a user base that spans continents and are looking for partners like Ramp to help them realize that global ambition. Szymon Sypniewicz: At Ramp we think global and act local, for us supporting over 40 fiat currencies isn't just a number; it's our commitment to that global vision. It ensures that a user in Berlin or Buenos Aires can dive into crypto using their local currency. In line with our goal to make web 3 easily accessible for everyone, we have gone that extra mile to integrate local payment methods. We want to make sure your entry into crypto feels familiar and is straightforward. Catering to this worldwide ambition is exhilarating and is definitely challenging. But it's also what drives us, making sure that the global essence of web3 is not just a vision but a lived reality. Ishan Pandey: In an era where security breaches are rife, how does Ramp Network ensure robust security amidst the intricacies inherent to cyberattacks and a theft-prone environment? At Ramp, we've taken a different route to most. Instead of holding onto users' assets, we've championed the self-custodial approach. When users buy crypto through our platform, it's sent directly to their self-custodial wallets. This means there's no central pot of funds for hackers to target and users always maintain control over their assets. Szymon Sypniewicz: Our partnerships with leading self-custody solutions like Metamask, Ledger, and Brave Browser ensure that users have top-tier security without sacrificing user experience. Plus, with our focus on providing a comprehensive exchange infrastructure we've baked in robust security measures at every step, from compliance to payment processing. Ishan Pandey: The regulatory environment for crypto remains in flux. What preemptive strategies and adaptations has Ramp Network incorporated to stay abreast of evolving regulations? Szymon Sypniewicz: Our approach to navigating the dynamic regulatory environment is both strategic and technologically driven. We recognize the importance of adhering to the highest standards, especially in an industry where trust is essential to its long term success. Being registered with the UK's Financial Conduct Authority (FCA) and FinCEN in the US is not just a testament to our commitment but also a reflection of our ability to meet the rigorous demands of two of the world's strictest regulatory bodies. These registrations are more than just badges, they represent our dedication to ensuring that our operations are transparent, secure, and trustworthy. Our technological edge plays a pivotal role in this. We've integrated advanced financial crime compliance platforms to enhance our oversight capabilities. By leveraging cutting-edge technology, we can proactively detect potential financial crimes, ensuring a safer and more reliable environment for our users. This integration is a clear example of how we employ technology to not only meet but exceed regulatory requirements. Furthermore, our recent FCA approval has enabled us to roll out our off-ramp solution globally. This expansion is not just about reaching more users; it's about providing a seamless, safe and compliant service to users across different jurisdictions. It underscores our commitment to making crypto more accessible while ensuring that we operate within the bounds of local and international regulations. Looking ahead, we're not resting on our laurels. We are in the advanced stages of securing additional licenses which will further expand our regulatory footprint. This proactive approach ensures that as the crypto industry evolves, Ramp Network remains at the forefront setting standards and building trust. Ishan Pandey: Striking a balance between user-centricity and blockchain's decentralized ethos is a tall order. How does Ramp Network navigate this dichotomy? At Ramp Network, we've always believed that the true potential of blockchain can only be realized when it's accessible and user-friendly. While we champion the decentralized ethos, we're acutely aware of the challenges it can pose from a user experience standpoint. Szymon Sypniewicz: Our approach is tailored to this very challenge. By providing infrastructure that emphasizes non-custodial crypto products, we ensure users maintain control over their assets. But control doesn't have to come at the cost of simplicity. Our platform is designed with ease of use at its core. Through partnerships with leading self-custody solutions, we've been able to offer a seamless and intuitive interface, making transactions straightforward even for those new to the crypto world. Furthermore, our integrations allow users to purchase crypto directly within their apps and receive it in their non-custodial wallets. This bypasses the often cumbersome processes associated with traditional crypto exchanges, streamlining the user journey. In essence, Ramp Network is striving to redefine the balance between decentralization and user-centricity. Our goal is to offer a platform where the principles of blockchain and top-tier UX coexist, making the crypto experience both empowering and effortless. Ishan Pandey: The journey of procuring investments is rarely linear. Could you share some pivotal moments and collaborations that have been instrumental in catapulting Ramp Network's ascent? Ramp's growth has been strategic and deliberate. Key to our ascent has been our licensing in both the UK and US, which underscores our commitment to compliance and trust. This has enabled us to expand globally, offering local payment methods tailored to diverse markets. All of the above have been instrumental in building trust with our investors. Szymon Sypniewicz: Our pioneering efforts in the gaming space have been particularly noteworthy. By forging strong partnerships with industry leaders like Sorare and Axie Infinity, we've positioned ourselves at the forefront of on-ramping in this rapidly growing sector. Our dedication to blockchain technology is evident in our unparalleled coverage of layer 2 solutions, ensuring faster and more efficient transactions for our users. Moreover, our off-ramp capabilities are best in class, allowing users to sell in over 130 countries, further emphasizing our global reach and commitment to accessibility. In short, our focus remains on innovation, global expansion and fostering trust within the crypto community and with the regulatory bodies across the globe have been integral to building a company that many believe in and want to partner with. Ishan Pandey: In what ways can cryptocurrencies unlock untapped markets for SMEs beleaguered by exorbitant cross-border transaction fees? How do you envision businesses capitalizing on crypto transactions to sidestep steep currency conversion and card charges on an international scale? Our long-term vision at Ramp is to enable a seamless global financial ecosystem powered by crypto. By implementing on and off-ramping solutions across the world, we're laying the groundwork for businesses to bypass traditional financial bottlenecks. Imagine a future where a user can effortlessly use a cost-effective onramp in one country, transfer their crypto to another country, and then off-ramp using another affordable method, all in a single and efficient move. Szymon Sypniewicz: This not only sidesteps the exorbitant currency conversion and card charges but also democratizes access to financial systems. It's a future where borders don't dictate financial efficiency, and businesses can truly capitalize on the global nature of crypto to drive their international operations. Ishan Pandey: The blockchain cosmos is in perpetual flux. How does Ramp Network keep its finger on the pulse of this rapid evolution, and what's the roadmap to infuse emergent blockchain trends and technologies into your platform? At the heart of Ramp lies a team of crypto natives, passionate about the space and deeply understanding of its nuances. However, we don't operate in a vacuum, we actively listen to the feedback from millions of our users and insights from our hundreds of partners. This collective intelligence shapes our roadmap and informs our next steps. Szymon Sypniewicz: Recently, we've recognized the importance of Layer 2 solutions in the crypto ecosystem. With the challenges of scalability and high transaction fees on mainnets, L2s offer a promising solution. Guided by our commitment to user-centricity and the feedback loop we've established, our latest focus has been on enabling users to onboard directly to L2s. This not only ensures faster and cheaper transactions but also a smoother user experience. For a deeper dive into our L2 initiatives, I'd recommend checking out our . It's all about staying agile, listening to the community, and continuously innovating to serve them better. recent blog post Don’t forget to like and share the story!

Redefining Decentralization: How Ramp Network Balances User-Centricity with Blockchain's Core Ethos

Redefiniendo la descentralización: cómo Ramp Network equilibra la orientación centrada en el usuario con el espíritu central de Blockchain

Redéfinir la décentralisation : comment le réseau Ramp équilibre l'orientation utilisateur avec la philosophie fondamentale de Blockchain

विकेंद्रीकरण को पुनर्परिभाषित करना: रैम्प नेटवर्क ब्लॉकचेन के मूल लोकाचार के साथ उपयोगकर्ता-केंद्रितता को कैसे संतुलित करता है

分散化の再定義: Ramp Network がユーザー中心性とブロックチェーンの中核精神のバランスを取る方法

Redefinindo a descentralização: como a Ramp Network equilibra a centralização no usuário com o espírito central do Blockchain

Xác định lại sự phân quyền: Cách mạng Ramp cân bằng việc lấy người dùng làm trung tâm với đặc tính cốt lõi của Blockchain

重新定义去中心化：Ramp Network 如何平衡以用户为中心与区块链的核心精神

The Bankruptcy of the Canadian Digital Asset Lender At the , the prominent Canadian digital assets lender Voyager Digital filed for bankruptcy, citing market volatility and the unexpected collapse of Three Arrows Capital. Just a few weeks before the filing, it froze withdrawals, trading, and deposits on its platform. On July 13, 2022, one month after the suspension of all withdrawals, swaps, and account transfers, Celsius and its connected entities filed for bankruptcy. beginning of July 2022 announcing Celsius, Voyager, and Three Arrows have collapsed financially. Risky investments, DeFi vulnerabilities, and the crypto collapse led to the insolvency of each company. In its bankruptcy petition, Voyager disclosed that it has more than $110 million in cash and digital assets worth approximately $1.3 billion. These assets include claims against the crypto hedge firm Three Arrows Capital totalling over $650 million. The failure of the Voyager platform wreaked havoc on the crypto sector as a whole. Despite its popularity, the platform failed due to questionable business decisions, such as providing customers funds to 3 Arrows Capital as an unsecured loan. This move has financially destroyed thousands of retail investors worldwide. Voyage to the Bank: Where is the Money? , Voyager's loans comprised nearly half of its total assets, and approximately sixty percent of that loan book consisted of loans to Three Arrows. The filing came out in public at a time when industry experts are increasing their scrutiny of Voyager's business practices, specifically how the Canadian-listed firm stated in marketing materials that investors' accounts were insured by the Federal Deposit Insurance Corporation (FDIC). FDIC insurance would protect bank-held cash deposits of up to $250,000. According to Coppola With Voyager exercising negligence and retail investors are asking, “Where is my money?”. Everyone is thinking of ways to fill the hole in the balance sheet of these players. But the question is how? With bankruptcy proceedings taking their own time, the answer may not be that simple. DeFi Ethos Comes to the Rescue of Voyager Creditors and Token Holders by Offering a Recovery Token Program Ethos announced a r for Voyager's former users. VGX holders and creditors can ETHOS tokens with proof of a valid claim. While there are no assurances by Ethos, such recovery tokens have assisted victims in repairing harm. For many, the losses have been excruciating, but the Ethos founders provide a glimmer of optimism and a new way for the whole cryptocurrency sector. ecovery token programme claim Voyager and Ethos once collaborated on projects. Voyager used Ethos' system for years at first to sign up new customers and manage their cryptocurrency assets, processing more than $5 billion through Ethos' crypto rails. Additionally, after the organizations merged in 2019, Ethos amalgamated into Voyager. Voyager declared bankruptcy about 18 months after the original Ethos team left the board due to disagreements over the need for more decentralized services and other aspects of the business concept. A group of eight seasoned crypto specialists and former Ethos developers will soon release Ethos 2.0. It will be a decentralised, self-custody substitute for centralised trading apps like Voyager. : Vested Interest Disclosure The author is an independent contributor publishing via our . Be it through direct compensation, media partnerships, or networking. The author has a vested interest in the company/ies mentioned in this story. HackerNoon has reviewed the report for quality, but the claims herein belong to the author. #DYOR brand-as-author program How is it going to work? The Ethos team will offer a free recovery token programme to users impacted by Voyager's bankruptcy shortly after Ethos 2.0 launches. The Ethos self-custody platform's utility asset, ETHOS tokens, is available to eligible users. VGX holders will receive 10% of the ETHOS token supply based on a future blockchain snapshot. If Voyager creditors submit proof of claim, a comparable sum will be paid proportionately. Creditors can use the Ethos platform at www.ethos.io to register their claims with supporting documentation. A snapshot will be made of VGX holders, and tokens will then be distributed via the Ethos app. The VGX community, which the bankruptcy process has mostly marginalized, will find optimism in that process. Live Trading eliminates the possibility of a centralized meltdown by enabling large-volume, best-execution trading directly from a vault. What Is Ethos? Ethos is a blockchain platform that is user-powered. Ethos aims to create open, secure, and equitable decentralized financial services for everyone. Through previous cryptocurrency projects, the Ethos team has a proven track record of generating billions in enterprise value. To say goodbye to private keys and seed phrases, the next-generation Ethos platform is backed by exceptional Magic Key security that includes MPC technology. Don’t forget to like and share the story! Image credits: Eugene Aikimov and Aditya Chinchure.

Ethos Plans to Rescue Voyager Creditors and Token Holders 

Lingke Wang and the Ethos team have recently raised over $46 million in order to simplify and modernize the archaic life insurance industry. What’s your background, and what are you working on? I’m the CTO and co-founder of , a life insurance company that my co-founder Peter Colis and I created to combat all of the things that typically deter people from purchasing life insurance; such as pushy agents, doctors appointments, hidden fees, and complex paperwork. All of these combined equate to a grueling 10–15 week process to get a policy that in some cases may not even be right for the customer. Ethos We’ve made the process for getting a life insurance policy fast, easy and inexpensive, turning a process that was once like going to the DMV to shopping online. Our online model replaces the traditional route and uses technology and predictive analytics to help families get the policies they want and need — 99% of our applicants and policyholders had no medical exam, blood test or lengthy underwriting process. Before Ethos, I was at Stanford Business School and rooming with Peter. We started in the summer of 2015, a company also in life insurance space that helps people sell permanent life insurance policies that they can no longer afford to institutional investors. At a high level, we helped people who couldn’t afford to keep their policies, because their financial needs changed after retirement. Ovid’s goal was to help connect folks to buyers in a transparent manner and eliminate the need to work through life settlement brokers who often took large fees. Ovid Ovid was our foot in the door to the life insurance space, and we built a lot of infrastructure around it to get it up and running. It remains a successful business, but we realized in order for us to have a real, meaningful impact, we needed to get to the root of the problem in the life insurance space: offer a product that ensures families are appropriately protected considering their financial means. What motivated you to get started with your company? When I was 20 and in college, I was persuaded into buying a permanent life insurance policy that I didn’t need. The agent who convinced me it would be a good investment vehicle, even though I had no spouse or children. As time went on and the costs quickly mounted, I realized the financial mistake I had made and lost most of what I paid into it. This unfortunate situation is all too common. Fast forward to studying with Peter at Stanford Business School, we revisited my experience and realized life insurance was broken. Traditional life insurance has existed for centuries and is reliant on commission-driven agents and misaligned incentives. As previously mentioned, we became set on fixing the industry — starting with Ovid and then Ethos. What went into building the initial product? Peter and I conceptualized Ethos in June 2016. Over the next year, we built technology and partnered with forward-thinking insurance companies to create the Ethos product. We launched quietly in select markets in late 2017 and worked to better refine our product. In the following months, we worked to gather user insights and automate workflow processes with our 100-year-old carrier partner. We iterated rapidly during the soft launch, translating our learnings into product enhancements and releasing new code multiple times a day. In late January 2018, we launched nationwide, maintaining our growth mindset, optimizing for speed of learning, and evolving the product in pursuit of delivering an excellent end-to-end customer experience. Ultimately, our vision — to protect the life you are building and the people you love — resonated deeply with our partners and afforded us opportunities to innovate. As we continue to follow this mission, we intend to find ways of increasing coverage and use data to inform new products that allow us to protect those who traditional insurance companies have deemed “uninsurable,” often because of antiquated risk assessment models and methodologies. How have you attracted users and grown your company? Overall, we’re a product that is bought, not sold. We take pride in having no commissioned sales agents because that’d go against what we set out to change. We’ve designed a product that puts the customer first and condensed a 15-week process to a 10-minute online application. We also focus heavily on educating customers to help them easily navigate the process of getting life insurance. With a combination of ongoing efforts from our engineering, product, marketing, and customer support teams, we continue to attract customers and equip them with life insurance that’s affordable, transparent and simple. For that reason, our word of mouth continues to increase — nearly a third of our customers were referred by another customer. On top of that, our customers are saving money on their monthly life insurance premium. For example, our . customer Adrian Limon saved $80/month by switching to Ethos What are your goals for the future? We want to become a market leader in the life insurance industry. There are multiple paths to get there, but what’s most important is continuing to provide our customers with a high-quality experience and delivering on our promise of being a trusted partner in protecting their families. One of the biggest challenges that we face is the general lack of education around life insurance, and that’s due to the traditional nature of the industry. Many people assume it’s too expensive, have fears of being upsold or just don’t want to deal with a 12-week process that involves getting medical exams — but we’ve eliminated those things to provide a simple and cost-effective way to protect your family. Our goal is to continue to demonstrate that and help people realize we’ve made life insurance accessible. What are the biggest challenges you’ve faced and the obstacles you’ve overcome? Stepping into the life insurance industry, one that hadn’t changed in over 50 years, was an obstacle in and of itself. We knew it was going to be tough to build partnerships and products in an industry that we were essentially up-ending. As a way to overcome that, we remained mission-driven and gained a lot of trust through being focused on the customer experience and pushing the industry forward. Our goal is to help as many people as possible protect their family, so I ask myself every day “is this thing that I’m doing, going to help me achieve that goal?” Making deliberate incremental advances is key. Have you found anything particularly helpful or advantageous in or outside of work? Deciding on how to use my time was and remains critical. When you start a company it’s like your baby and you want to be everywhere at once. It took me a long time to learn what’s really going to move the dial and what’s not. There are only so many hours in the day, so I figure out where my hours are going to make the most impact. Today the things I primarily focus on are bettering the product and understanding our customer’s needs. In terms of what I do outside of work to overcome work hurdles and stay focused, I make sure to get at least 7 hours of sleep. When you’re running a company it’s hard to put up boundaries for your own well-being. But at the same time, I know I make better decisions when I’m well rested. When I was younger I was all about burning the midnight oil, but with more experience under my belt, I’ve seen the diminishing returns when you’re not taking care of yourself. We actually recently wrote a blog post that offers , check it out! 10 tips for getting better sleep 8) What’s your advice for entrepreneurs who are just starting out? Don’t let perfection prevent done. Putting all your energy into building a “perfect” product without shipping it and getting real customer feedback will hinder your ability to grow. You’re going to learn more from doing things and testing in production. You’ll make mistakes along the way, but you’ll make better products because of it. 9) Where can we go to learn more? Check out our and — we offer a lot of advice and education around life insurance. We want our current and potential customers to be as informed as possible. website blog Additionally, we’re building our engineering team! Check out our for a list of openings careers page This interview is brought to you by , a tool to schedule and automatically repeat your posts on Facebook, Instagram, Twitter, Pinterest, LinkedIn, and OneUp Google My Business

Founder Interviews: Lingke Wang of Ethos

Unlocking the Future of Bitcoin Liquidity: Portal to Bitcoin's Vision and Our Upcoming Testnet

বিটকয়েনের তারল্যের ভবিষ্যত আনলক করা: বিটকয়েনের দৃষ্টিভঙ্গি এবং আমাদের আসন্ন টেস্টনেটের পোর্টাল

Die Zukunft der Bitcoin-Liquidität erschließen: Portal zur Bitcoin-Vision und unserem kommenden Testnetz

Liberando el futuro de la liquidez de Bitcoin: portal a la visión de Bitcoin y nuestra próxima Testnet

Déverrouiller l'avenir de la liquidité Bitcoin : portail vers la vision de Bitcoin et notre prochain réseau de test

बिटकॉइन लिक्विडिटी के भविष्य को अनलॉक करना: बिटकॉइन के विज़न और हमारे आगामी टेस्टनेट का पोर्टल

ビットコイン流動性の未来を解き放つ: ビットコインのビジョンと今後のテストネットへのポータル

비트코인 유동성의 미래를 열다: 비트코인의 비전과 다가오는 테스트넷에 대한 포털

Desbloqueando o futuro da liquidez do Bitcoin: portal para a visão do Bitcoin e nossa próxima rede de testes

Открывая будущее ликвидности биткойнов: портал к видению биткойнов и нашей будущей тестовой сети

Bitcoin Likiditesinin Geleceğinin Kilidini Açmak: Bitcoin'in Vizyonuna ve Yaklaşan Test Ağımıza Açılan Portal

Mở khóa tương lai của tính thanh khoản Bitcoin: Cổng thông tin cho tầm nhìn của Bitcoin và mạng thử nghiệm sắp tới của chúng tôi

解锁比特币流动性的未来：比特币愿景和我们即将推出的测试网的门户

Operationalizing Diversity and Inclusion Requirements for AI Systems: Results 

Regarding technological advancement, the role of human intellect is supreme. This is a principle that is extremely refreshing in this day and age and also sits at the core of Experts Exchange (EE), a leading-edge platform in the tech community space. Established as a private question-and-answer community for tech pros, EE has been entirely steadfast in its devotion to upholding the sanctity of human intelligence (HI) over artificial intelligence (AI). In a recent move, EE is now set up to amplify its reach by offering people a 90-day free trial without the hassle or uncertainty of giving out their credit card details, which marks an impressive departure from the company’s previous model. While also serving as a call for the protection of human-centric knowledge-sharing ecosystems in an age that is proving to belong to the forces of AI. Founded in 1996, Experts Exchange arose as a needed space for tech enthusiasts looking for solutions to difficult queries. Spearheaded by a team with deeply entwined roots in the tech industry, EE quickly amassed a devout following of programmers, software engineers, and IT administrators. At its basis, EE was created to nurture an environment where people can freely ask and answer questions, earn rewards, and solve intricate problems with the overarching goal of serving the community in mind. The platform’s ethos revolves around the voluntary exchange of knowledge, devoid of coercive mechanisms. In recent years, however, the tech world has witnessed the sudden and almost frightening rise of AI-driven platforms, each promising more novel solutions and smoother processes than the last. During this tech surge, pertinent questions rapidly came up, such as, at what cost does progress come? This query still looms large in light of Stack Overflow’s recent collaboration with Open AI through their Overflow API—a move that was met with much skepticism and disapproval from the tech community. The partnership, which has since been viewed as a betrayal of user trust, draws attention to the numerous perils of prioritizing AI over human intelligence and the vast consequences our advancements can have. In profound contrast to its counterparts, EE stands as a firm advocate in its allegiance to human intelligence. Perhaps most importantly, the platform has never engaged in the sale of customer data nor allowed any AI companies to scrape member data for their own training purposes. Moreover, central to EE’s philosophy is the belief in the transformative power of human-to-human interaction. Unlike platforms like Stack Overflow, which prioritized the creation of an online library of solutions, EE emphasizes tailor-made problem-solving. Duplicate questions are permitted and actually encouraged, which works to help build a culture of inclusivity and collaboration. EE promotes organic conversation and genuine learning experiences by prioritizing chronological order and thread comments. And now, by offering a no credit card-required 90-day free trial, EE is looking to further empower the tech community, reaffirm its commitment to inclusive knowledge-sharing, and champion the importance of authenticity and human-centric innovation. EE’s stance against AI monopolies is the definition of preservation for human-centric knowledge-sharing ecosystems, and as the platform extends its reach, the tech community is invited to join in championing the timeless value of human intelligence. Regarding technological advancement, the role of human intellect is supreme. This is a principle that is extremely refreshing in this day and age and also sits at the core of Experts Exchange (EE), a leading-edge platform in the tech community space. Established as a private question-and-answer community for tech pros, EE has been entirely steadfast in its devotion to upholding the sanctity of human intelligence (HI) over artificial intelligence (AI). In a recent move, EE is now set up to amplify its reach by offering people a 90-day free trial without the hassle or uncertainty of giving out their credit card details, which marks an impressive departure from the company’s previous model. While also serving as a call for the protection of human-centric knowledge-sharing ecosystems in an age that is proving to belong to the forces of AI. Founded in 1996, Experts Exchange arose as a needed space for tech enthusiasts looking for solutions to difficult queries. Spearheaded by a team with deeply entwined roots in the tech industry, EE quickly amassed a devout following of programmers, software engineers, and IT administrators. At its basis, EE was created to nurture an environment where people can freely ask and answer questions, earn rewards, and solve intricate problems with the overarching goal of serving the community in mind. The platform’s ethos revolves around the voluntary exchange of knowledge, devoid of coercive mechanisms. In recent years, however, the tech world has witnessed the sudden and almost frightening rise of AI-driven platforms, each promising more novel solutions and smoother processes than the last. During this tech surge, pertinent questions rapidly came up, such as, at what cost does progress come? This query still looms large in light of Stack Overflow’s recent collaboration with Open AI through their Overflow API—a move that was met with much skepticism and disapproval from the tech community. The partnership, which has since been viewed as a betrayal of user trust, draws attention to the numerous perils of prioritizing AI over human intelligence and the vast consequences our advancements can have. In profound contrast to its counterparts, EE stands as a firm advocate in its allegiance to human intelligence. Perhaps most importantly, the platform has never engaged in the sale of customer data nor allowed any AI companies to scrape member data for their own training purposes. Moreover, central to EE’s philosophy is the belief in the transformative power of human-to-human interaction. Unlike platforms like Stack Overflow, which prioritized the creation of an online library of solutions, EE emphasizes tailor-made problem-solving. Duplicate questions are permitted and actually encouraged, which works to help build a culture of inclusivity and collaboration. EE promotes organic conversation and genuine learning experiences by prioritizing chronological order and thread comments. And now, by offering a no credit card-required 90-day free trial, EE is looking to further empower the tech community, reaffirm its commitment to inclusive knowledge-sharing, and champion the importance of authenticity and human-centric innovation. EE’s stance against AI monopolies is the definition of preservation for human-centric knowledge-sharing ecosystems, and as the platform extends its reach, the tech community is invited to join in championing the timeless value of human intelligence.

Championing Human Intelligence: Experts Exchange’s Stand Against AI Monopolies

চ্যাম্পিয়ানিং হিউম্যান ইন্টেলিজেন্স: এআই একচেটিয়াদের বিরুদ্ধে বিশেষজ্ঞ এক্সচেঞ্জের অবস্থান

Für die menschliche Intelligenz eintreten: Experts Exchange stellt sich gegen KI-Monopole

Defensa de la inteligencia humana: la posición de Experts Exchange contra los monopolios de la IA

Défendre l’intelligence humaine : la position d’Experts Exchange contre les monopoles de l’IA

मानव बुद्धि का समर्थन: एआई एकाधिकार के खिलाफ विशेषज्ञ एक्सचेंज का रुख

人間の知性を擁護する: AI独占に対するエキスパートエクスチェンジの姿勢

인간 지능의 옹호: AI 독점에 맞서는 Experts Exchange의 입장

Defendendo a inteligência humana: a posição da Experts Exchange contra os monopólios de IA

Защита человеческого интеллекта: позиция экспертной биржи против монополий в области искусственного интеллекта

İnsan Zekasını Desteklemek: Experts Exchange'in Yapay Zeka Tekellerine Karşı Duruşu

Đấu tranh cho trí tuệ con người: Quan điểm của các chuyên gia Exchange chống lại sự độc quyền của AI

捍卫人类智能：专家交流反对人工智能垄断的立场

The emergence of BRC-20 tokens demonstrates the potential of Bitcoin's underlying technology (blockchain) to be adapted for new functionalities beyond peer-to-peer transactions, such as facilitating DeFi applications. As a testament to this development ,there has been a growing number of Bitcoin lending protocols, which can potentially boost the liquidity of Bitcoin. These protocols allow users to lend and borrow Bitcoin, making it a more versatile asset. In this interview with Justin Gaffney, Arcus BTC founder , we discuss the rise of Bitcoin lending protocols and how they can potentially shape the future of Bitcoin. Mr. Gaffney, can you tell us about your route to web3? Attending high school during the 2008 crisis created a deep skepticism towards central banks and a growing appreciation for Austrian economics and the concept of hard money. In 2017, I ventured into the world of cryptocurrency trading, starting with Ethereum and Stellar. Became a blockchain developer through online bootcamps and classes in 2021 and have been attending hacks and building projects since then with my latest venture in Bitcoin Lending. What are BRC-20 tokens? What are they used for? BRC-20 tokens are fungible tokens on Bitcoin. BRC-20 tokens are built using Taproot and Ordinal tooling, which can write data directly to the Bitcoin blockchain! With further upgrades to BRC-20 and Bitcoin, BRC-20 tokens can be used as LP tokens, stablecoins, rewards tokens, memecoins, and more. Does the emergence of Bitcoin lending protocols undermine Bitcoin’s philosophy? Bitcoin lending is a balanced mix of store-of-value and p2p services, both envisioned by Satoshi in early writings. Bitcoin lending aligns perfectly with these foundational principles. It facilitates P2P financial interactions and banking services, providing individuals the option to opt out of traditional central banking systems. This evolution is not a deviation from Bitcoin’s philosophy but a realization of its full potential, empowering users with financial autonomy and decentralized solutions. As the founder of Arcus BTC protocol, what can you tell us about it? Having been a DeFi power user for many years, I often found myself yearning for more user-friendly applications that could be accessible to both everyday users around the world and large institutional liquidity providers. My personal experience taught me that the more seamless the process—without the need to wrap or bridge assets—the more frequently I used the services and felt secure. This insight, coupled with the advent of ordinals, inspired me to take action. I envisioned a DeFi platform built directly on Bitcoin's Layer 1 (L1), allowing users to access DeFi yields without the need to wrap or bridge their BTC. This approach not only enhances security but also significantly improves user experience. My goal was to create the most intuitive Bitcoin Bank app possible, making it accessible and easy for everyday people to use. Additionally, I wanted to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi) by incorporating institutional-grade reporting and compliance tools. This fusion of DeFi and TradFi aims to create a seamless financial ecosystem, bringing the best of both worlds together. In your opinion, how will Bitcoin lending protocols impact the overall liquidity of Bitcoin? Bitcoin lending protocols have the potential to significantly enhance Bitcoin’s overall liquidity. Big businesses traditionally leverage collateral and lending from major banks, which in turn borrow from central banks. Compliant Bitcoin lending options can seamlessly integrate into the portfolios of hedge funds and family firms, providing them with access to tokenized and hard assets while maintaining liquidity. For retail users, the availability of peer-to-peer banking options using native BTC will accelerate demand across diverse regions globally. This democratization of financial services will empower individuals with more direct control over their assets, fostering increased participation in the Bitcoin ecosystem. By bridging the gap between decentralized finance and traditional financial systems, Bitcoin lending protocols are poised to transform the landscape, enhancing liquidity and driving broader adoption of Bitcoin. Can you briefly explain how Arcus protocol works? Arcus offers one-click Bitcoin loans powered by lending pools. Users can deposit their BTC or BRC-20 tokens to earn yield. These assets can also be used as collateral to create a loan. One of the standout features of Arcus is its flexibility—there are no fixed lock-up periods or repayment schedules, allowing users to manage their loans on their terms. Each user is assigned an Arcus Credit Score, enabling them to easily track the health of their loan at all times. The Bitcoin lending pools, which aggregate user deposit funds, are always over-collateralized to ensure security and stability. Additionally, liquidations are managed automatically through our collaboration with our Automated Market Maker (AMM) partner, utilizing Replace-by-Fee (RBF) and indexer triggers for efficient and timely execution. Do you think the emergence of Bitcoin lending challenges the stance of Bitcoin maximalists? I believe we can all agree on the shared goal of widespread Bitcoin adoption. While there is often intense debate about the principles of money, Bitcoin ultimately represents freedom. This freedom means that people can build and use Bitcoin in the ways that best suit their needs. Bitcoin lending exemplifies this freedom, allowing users to explore innovative financial solutions while still adhering to Bitcoin’s decentralized ethos. No one owns the protocol, we all do. Beyond borrowing and lending, what other DeFi functionalities do you envision for the Arcus protocol in the future? Arcus will maintain its focus on Bitcoin lending as its core offering, beginning with a retail lending and borrowing product for BTC, BRC-20 tokens, and RUNES on the Bitcoin network. To enhance user engagement and provide additional benefits, we will introduce an Ordinal NFT OG Pass, which offers fee discounts, yield multipliers, and more. In the future, we plan to expand our offerings to include BTC staking into the Safety Module. This will allow users to earn a safe and secure return on their native BTC while contributing to the security of the Arcus protocol. Our vision is to create a comprehensive DeFi ecosystem centered around Bitcoin, continually enhancing our services to meet the evolving needs of our users. Apart from price volatility, what other risks are associated with Bitcoin lending protocols? Thanks to being Bitcoin-native, there is less protocol risk compared to most Layer 2 DeFi offerings. However, users should still be aware of risks such as liquidity risks and the potential for liquidation if collateral values drop significantly. At Arcus, we prioritize security and capital efficiency. Our focus on over-collateralization and transparent credit scoring further mitigates risks, providing users with a safe and more reliable Bitcoin lending experience. Looking ahead, we plan to incorporate insured pools and other innovative strategies to further strengthen our platform and the Bitcoin finance ecosystem as a whole. Any parting words? Imagine unlocking the full potential of your Bitcoin, earning yields, and accessing financial services without ever leaving the security of the Bitcoin network. Arcus—assimilating traditional finance, one Bitcoin loan at a time. The emergence of BRC-20 tokens demonstrates the potential of Bitcoin's underlying technology (blockchain) to be adapted for new functionalities beyond peer-to-peer transactions, such as facilitating DeFi applications. As a testament to this development ,there has been a growing number of Bitcoin lending protocols, which can potentially boost the liquidity of Bitcoin. Bitcoin. These protocols allow users to lend and borrow Bitcoin, making it a more versatile asset. In this interview with Justin Gaffney , Arcus BTC founder , we discuss the rise of Bitcoin lending protocols and how they can potentially shape the future of Bitcoin. Justin Gaffney Mr. Gaffney, can you tell us about your route to web3? Attending high school during the 2008 crisis created a deep skepticism towards central banks and a growing appreciation for Austrian economics and the concept of hard money. In 2017, I ventured into the world of cryptocurrency trading, starting with Ethereum and Stellar. Became a blockchain developer through online bootcamps and classes in 2021 and have been attending hacks and building projects since then with my latest venture in Bitcoin Lending. What are BRC-20 tokens? What are they used for? BRC-20 tokens are fungible tokens on Bitcoin. BRC-20 tokens are built using Taproot and Ordinal tooling, which can write data directly to the Bitcoin blockchain! With further upgrades to BRC-20 and Bitcoin, BRC-20 tokens can be used as LP tokens, stablecoins, rewards tokens, memecoins, and more. Does the emergence of Bitcoin lending protocols undermine Bitcoin’s philosophy? Bitcoin lending is a balanced mix of store-of-value and p2p services, both envisioned by Satoshi in early writings. Bitcoin lending aligns perfectly with these foundational principles. It facilitates P2P financial interactions and banking services, providing individuals the option to opt out of traditional central banking systems. This evolution is not a deviation from Bitcoin’s philosophy but a realization of its full potential, empowering users with financial autonomy and decentralized solutions. As the founder of Arcus BTC protocol, what can you tell us about it? Having been a DeFi power user for many years, I often found myself yearning for more user-friendly applications that could be accessible to both everyday users around the world and large institutional liquidity providers. My personal experience taught me that the more seamless the process—without the need to wrap or bridge assets—the more frequently I used the services and felt secure. This insight, coupled with the advent of ordinals, inspired me to take action. I envisioned a DeFi platform built directly on Bitcoin's Layer 1 (L1), allowing users to access DeFi yields without the need to wrap or bridge their BTC. This approach not only enhances security but also significantly improves user experience. My goal was to create the most intuitive Bitcoin Bank app possible, making it accessible and easy for everyday people to use. Additionally, I wanted to bridge the gap between decentralized finance (DeFi) and traditional finance (TradFi) by incorporating institutional-grade reporting and compliance tools. This fusion of DeFi and TradFi aims to create a seamless financial ecosystem, bringing the best of both worlds together. In your opinion, how will Bitcoin lending protocols impact the overall liquidity of Bitcoin? Bitcoin lending protocols have the potential to significantly enhance Bitcoin’s overall liquidity. Big businesses traditionally leverage collateral and lending from major banks, which in turn borrow from central banks. Compliant Bitcoin lending options can seamlessly integrate into the portfolios of hedge funds and family firms, providing them with access to tokenized and hard assets while maintaining liquidity. For retail users, the availability of peer-to-peer banking options using native BTC will accelerate demand across diverse regions globally. This democratization of financial services will empower individuals with more direct control over their assets, fostering increased participation in the Bitcoin ecosystem. By bridging the gap between decentralized finance and traditional financial systems, Bitcoin lending protocols are poised to transform the landscape, enhancing liquidity and driving broader adoption of Bitcoin. Can you briefly explain how Arcus protocol works? Arcus offers one-click Bitcoin loans powered by lending pools. Users can deposit their BTC or BRC-20 tokens to earn yield. These assets can also be used as collateral to create a loan. One of the standout features of Arcus is its flexibility—there are no fixed lock-up periods or repayment schedules, allowing users to manage their loans on their terms. Each user is assigned an Arcus Credit Score, enabling them to easily track the health of their loan at all times. The Bitcoin lending pools, which aggregate user deposit funds, are always over-collateralized to ensure security and stability. Additionally, liquidations are managed automatically through our collaboration with our Automated Market Maker (AMM) partner, utilizing Replace-by-Fee (RBF) and indexer triggers for efficient and timely execution. Do you think the emergence of Bitcoin lending challenges the stance of Bitcoin maximalists? I believe we can all agree on the shared goal of widespread Bitcoin adoption. While there is often intense debate about the principles of money, Bitcoin ultimately represents freedom. This freedom means that people can build and use Bitcoin in the ways that best suit their needs. Bitcoin lending exemplifies this freedom, allowing users to explore innovative financial solutions while still adhering to Bitcoin’s decentralized ethos. No one owns the protocol, we all do. Beyond borrowing and lending, what other DeFi functionalities do you envision for the Arcus protocol in the future? Arcus will maintain its focus on Bitcoin lending as its core offering, beginning with a retail lending and borrowing product for BTC, BRC-20 tokens, and RUNES on the Bitcoin network. To enhance user engagement and provide additional benefits, we will introduce an Ordinal NFT OG Pass, which offers fee discounts, yield multipliers, and more. In the future, we plan to expand our offerings to include BTC staking into the Safety Module. This will allow users to earn a safe and secure return on their native BTC while contributing to the security of the Arcus protocol. Our vision is to create a comprehensive DeFi ecosystem centered around Bitcoin, continually enhancing our services to meet the evolving needs of our users. Apart from price volatility, what other risks are associated with Bitcoin lending protocols? Thanks to being Bitcoin-native, there is less protocol risk compared to most Layer 2 DeFi offerings. However, users should still be aware of risks such as liquidity risks and the potential for liquidation if collateral values drop significantly. At Arcus, we prioritize security and capital efficiency. Our focus on over-collateralization and transparent credit scoring further mitigates risks, providing users with a safe and more reliable Bitcoin lending experience. Looking ahead, we plan to incorporate insured pools and other innovative strategies to further strengthen our platform and the Bitcoin finance ecosystem as a whole. Any parting words? Imagine unlocking the full potential of your Bitcoin, earning yields, and accessing financial services without ever leaving the security of the Bitcoin network. Arcus—assimilating traditional finance, one Bitcoin loan at a time.

Discussing Bitcoin Lending Protocols With Arcus BTC Founder Justin Gaffney

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