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It can appear that the world at large is facing a litany of irresolvable issues. Cost of living crises, natural disasters, 40-year inflation highs, huge interest rates, unaffordable rent, the Ukraine war, AI-based employment fears, privacy intrusions, viruses, increasing disease rates, declining social security funds, online censorship, and more. Yet all of this can be easily simplified into ONE, critical issue: FINANCE. It is through finance that the government and other actors are empowered to make (secret) decisions that are clearly detrimental to those who were fooled into supporting them. Money printing is the source of problems, and printed money is mainly used to buy government treasury bonds, propping up a fraudulent system. Closely tied in with financial control are KYC procedures, which have proven increasingly invasive and with very little justification. There is no intrinsic reason that sensitive information should be uploaded just for making payments, as this treats people like criminals before any suggestion of wrongdoing. Bitcoin swiftly addresses all of this. A Brief BTC History On the Bitcoin Genesis Block were imprinted the words “The Times 03/Jan/2009. Chancellor on brink of second bailout for banks.”. This was a clear reference to the fact that Bitcoin was needed as an alternative to the fiat system. Satoshi Nakamoto laid the groundwork for an ongoing financial revolution with a very coherent message. Since 2009, little has changed. If anything, the use case for Bitcoin is even more relevant, and central banks have increased their powers.  We are still in a position where we need a globally recognized alternative to printed fiat money to help world citizens. I previously wrote about the importance of a global constitution and one world nation, which is the only viable path forward. In the meantime, the MSM spent a solid 12+ years making up false narratives about Bitcoin. They said it was a Ponzi scheme. They said it used up too much energy. They said it would die off within a few years. They said it was used to launder money by ‘terrorists’, an often used and ill-defined term. And they never retracted a single one of their statements. They consistently made such statements while propping up a system with remarkable similarities to a Ponzi scheme, which is used to launch wars and surveillance operations, through a highly fraudulent banking system that has a proven track record of billion-dollar money laundering. Why Bitcoin For Planetary Sovereignty? Aside from attacks that were designed specifically to discredit Bitcoin on false premises, there were, at one time, legitimate concerns. Many cited the fact that Bitcoin’s PoW consensus mechanism was slow, high-cost, and inefficient. Yet all these concerns have been dealt with through numerous L2s such as Rootstock, Stacks, and Lightning Network. Rootstock

Stacks

Lightning Network



EVM Compatible

Yes

No

No



Micro Payments

Yes

Yes

Yes



Type

Ethereum Sidechain

Independent Blockchain

State Channel



Mining

Merged Mining

PoX

NA



Native Token

RBTC

STX

NA With the possible exception of Monero, Bitcoin is the only cryptocurrency that is truly decentralized in terms of its servers and its founders. Nobody knows who founded Bitcoin and there has even been a server launched into outer space. It has the highest adoption rates and is the most well-known. Of course, it also has the largest market cap and trade volume. Bitcoin is one of the few crypto movements that can be said to be purely grassroots and people-powered, with no initial investment, no marketing, and no vested interests. It’s why world governments and central banks hate it so much - there are no founders or investors to harass and target. It’s a truly anti-fragile technology that gets stronger the more it is attacked. Bitcoin Adoption Levels Bitcoin adoption levels are through the roof and have been helped hugely by irresponsible government spending, lockdowns, privacy intrusions, and frustrating social policies. It is becoming popular both in countries with large numbers of unbanked as well as in developed countries with draconian regulatory procedures. Remember, we are still in the early days of Bitcoin adoption and it has much more room for growth. The globe at large is slowly, if reluctantly, waking up to the fact that fiat-based governments act in a way that is indistinguishable from the threats they say they are protecting us from. Thankfully, this trend of alertness is accelerating and pushing people towards Bitcoin. The following are some inspiring adoption facts relevant to Bitcoin: The government of El Salvador has adopted Bitcoin as a legal tender and made huge profits doing so, despite much criticism. The Central African Republic has done the same. Small towns in South Africa have integrated Bitcoin as an accepted means of payment. Other areas include Bitcoin Beach in El Salvador.


Special Economic Zones (SEVs) such as Prospera in Honduras have a 5% tax rate and are based on decentralization and bitcoin-based capital.


Social media sites like Substack and Twitter (X) have integrated Bitcoin’s Lightning Network as a means of payment. Paxful also accepts Lightning Network payments, as does McDonalds’ and Walmart. In terms of on-chain metrics, active wallet addresses are nearing all-time highs, and the price is widely expected to hit $100,000 by 2025. A Bitcoin ETF was recently approved by the SEC. At the time of writing, there are over 32,000 Bitcoin ATMs in the US alone. Attitude is Everything An uplifting idiom that is often heard among BTC proponents is to “stay humble, stack satoshis”. This is the needed attitude to have, not mindless profit-taking driven by 100x returns and a mindless meme frenzy. It’s about financial equality and the creation of a new economy built on trust, transparency, and liberty, the polar opposite of the existing fiat ecosystem. With L2s like Rootstock, LW, and Stacks rendering moot most prior criticisms of Bitcoin, we are all set to take back the financial economy through the only crypto that has ever mattered: Bitcoin Business owners should be encouraged, across the world, to do their part and accept BTC for payment. Not as a means of taking profits on Bitcoin holding, but so it becomes an accepted norm for payment transactions. This will lead to liberated financial markets, known as KYC-free Bitcoin Circular Economies. Despite decades of propaganda, the truth is that Bitcoin is the PERFECT solution to a broken financial system and the only thing needed is usage and adoption. It’s low-cost, scalable, fast, and iconic. It’s also more than capable of handling large transaction volumes and will help to alleviate a world under siege by inept politicians and corrupt central banks. The rate of Bitcoin adoption across the globe might be the best metric we have to measure individual liberties. It can appear that the world at large is facing a litany of irresolvable issues. Cost of living crises, natural disasters, 40-year inflation highs , huge interest rates, unaffordable rent, the Ukraine war, AI-based employment fears, privacy intrusions, viruses, increasing disease rates, declining social security funds, online censorship, and more. 40-year inflation highs Yet all of this can be easily simplified into ONE, critical issue: FINANCE. It is through finance that the government and other actors are empowered to make (secret) decisions that are clearly detrimental to those who were fooled into supporting them. Money printing is the source of problems, and printed money is mainly used to buy government treasury bonds, propping up a fraudulent system. Closely tied in with financial control are KYC procedures, which have proven increasingly invasive and with very little justification. There is no intrinsic reason that sensitive information should be uploaded just for making payments, as this treats people like criminals before any suggestion of wrongdoing. Bitcoin swiftly addresses all of this. Closely tied in with financial control are KYC procedures, which have proven increasingly invasive and with very little justification. There is no intrinsic reason that sensitive information should be uploaded just for making payments, as this treats people like criminals before any suggestion of wrongdoing. Bitcoin swiftly addresses all of this. A Brief BTC History A Brief BTC History On the Bitcoin Genesis Block were imprinted the words “The Times 03/Jan/2009. Chancellor on brink of second bailout for banks.”. This was a clear reference to the fact that Bitcoin was needed as an alternative to the fiat system. Satoshi Nakamoto laid the groundwork for an ongoing financial revolution with a very coherent message. “The Times 03/Jan/2009. Chancellor on brink of second bailout for banks.”. Since 2009, little has changed. If anything, the use case for Bitcoin is even more relevant, and central banks have increased their powers.  We are still in a position where we need a globally recognized alternative to printed fiat money to help world citizens. I previously wrote about the importance of a global constitution and one world nation, which is the only viable path forward. Bitcoin the importance of a global constitution In the meantime, the MSM spent a solid 12+ years making up false narratives about Bitcoin. They said it was a Ponzi scheme. They said it used up too much energy. They said it would die off within a few years. They said it was used to launder money by ‘terrorists’, an often used and ill-defined term. And they never retracted a single one of their statements. a single one They consistently made such statements while propping up a system with remarkable similarities to a Ponzi scheme, which is used to launch wars and surveillance operations, through a highly fraudulent banking system that has a proven track record of billion-dollar money laundering. proven billion-dollar money laundering. Why Bitcoin For Planetary Sovereignty? Why Bitcoin For Planetary Sovereignty? Aside from attacks that were designed specifically to discredit Bitcoin on false premises, there were, at one time, legitimate concerns. Many cited the fact that Bitcoin’s PoW consensus mechanism was slow, high-cost, and inefficient. Yet all these concerns have been dealt with through numerous L2s such as Rootstock, Stacks, and Lightning Network. Rootstock

Stacks

Lightning Network



EVM Compatible

Yes

No

No



Micro Payments

Yes

Yes

Yes



Type

Ethereum Sidechain

Independent Blockchain

State Channel



Mining

Merged Mining

PoX

NA



Native Token

RBTC

STX

NA Rootstock

Stacks

Lightning Network EVM Compatible

Yes

No

No Micro Payments

Yes

Yes

Yes Type

Ethereum Sidechain

Independent Blockchain

State Channel Mining

Merged Mining

PoX

NA Native Token

RBTC

STX

NA Rootstock Stacks Lightning Network Rootstock Rootstock Stacks Stacks Lightning Network Lightning Network EVM Compatible Yes No No EVM Compatible EVM Compatible Yes Yes No No No No Micro Payments Yes Yes Yes Micro Payments Micro Payments Yes Yes Yes Yes Yes Yes Type Ethereum Sidechain Independent Blockchain State Channel Type Type Ethereum Sidechain Ethereum Sidechain Independent Blockchain Independent Blockchain State Channel State Channel Mining Merged Mining PoX NA Mining Mining Merged Mining Merged Mining PoX PoX NA NA Native Token RBTC STX NA Native Token Native Token RBTC RBTC STX STX NA NA With the possible exception of Monero, Bitcoin is the only cryptocurrency that is truly decentralized in terms of its servers and its founders. Nobody knows who founded Bitcoin and there has even been a server launched into outer space. It has the highest adoption rates and is the most well-known. Of course, it also has the largest market cap and trade volume. Bitcoin is one of the few crypto movements that can be said to be purely grassroots and people-powered, with no initial investment, no marketing, and no vested interests. It’s why world governments and central banks hate it so much - there are no founders or investors to harass and target. It’s a truly anti-fragile technology that gets stronger the more it is attacked. Bitcoin Adoption Levels Bitcoin Adoption Levels Bitcoin adoption levels are through the roof and have been helped hugely by irresponsible government spending, lockdowns, privacy intrusions, and frustrating social policies. It is becoming popular both in countries with large numbers of unbanked as well as in developed countries with draconian regulatory procedures. Remember, we are still in the early days of Bitcoin adoption and it has much more room for growth. The globe at large is slowly, if reluctantly, waking up to the fact that fiat-based governments act in a way that is indistinguishable from the threats they say they are protecting us from. Thankfully, this trend of alertness is accelerating and pushing people towards Bitcoin. The following are some inspiring adoption facts relevant to Bitcoin: The government of El Salvador has adopted Bitcoin as a legal tender and made huge profits doing so, despite much criticism. The Central African Republic has done the same. The government of El Salvador has adopted Bitcoin as a legal tender and made huge profits doing so, despite much criticism. The Central African Republic has done the same. Bitcoin as a legal tender Bitcoin as a legal tender Small towns in South Africa have integrated Bitcoin as an accepted means of payment. Other areas include Bitcoin Beach in El Salvador. Special Economic Zones (SEVs) such as Prospera in Honduras have a 5% tax rate and are based on decentralization and bitcoin-based capital. Social media sites like Substack and Twitter (X) have integrated Bitcoin’s Lightning Network as a means of payment. Paxful also accepts Lightning Network payments, as does McDonalds’ and Walmart. Small towns in South Africa have integrated Bitcoin as an accepted means of payment. Other areas include Bitcoin Beach in El Salvador. Small towns in South Africa have integrated Bitcoin as an accepted means of payment. Other areas include Bitcoin Beach in El Salvador. integrated Bitcoin integrated Bitcoin Special Economic Zones (SEVs) such as Prospera in Honduras have a 5% tax rate and are based on decentralization and bitcoin-based capital. Special Economic Zones (SEVs) such as Prospera in Honduras have a 5% tax rate and are based on decentralization and bitcoin-based capital. Prospera in Honduras Prospera in Honduras Social media sites like Substack and Twitter (X) have integrated Bitcoin’s Lightning Network as a means of payment. Paxful also accepts Lightning Network payments, as does McDonalds’ and Walmart. Social media sites like Substack and Twitter (X) have integrated Bitcoin’s Lightning Network as a means of payment. Paxful also accepts Lightning Network payments, as does McDonalds’ and Walmart. In terms of on-chain metrics, active wallet addresses are nearing all-time highs, and the price is widely expected to hit $100,000 by 2025 . A Bitcoin ETF was recently approved by the SEC. At the time of writing, there are over 32,000 Bitcoin ATMs in the US alone. $100,000 by 2025 $100,000 by 2025 Attitude is Everything Attitude is Everything An uplifting idiom that is often heard among BTC proponents is to “stay humble, stack satoshis” . This is the needed attitude to have, not mindless profit-taking driven by 100x returns and a mindless meme frenzy. It’s about financial equality and the creation of a new economy built on trust, transparency, and liberty, the polar opposite of the existing fiat ecosystem. BTC “stay humble, stack satoshis” With L2s like Rootstock, LW, and Stacks rendering moot most prior criticisms of Bitcoin, we are all set to take back the financial economy through the only crypto that has ever mattered: Bitcoin With L2s like Rootstock, LW, and Stacks rendering moot most prior criticisms of Bitcoin, we are all set to take back the financial economy through the only crypto that has ever mattered: Bitcoin Business owners should be encouraged, across the world, to do their part and accept BTC for payment. Not as a means of taking profits on Bitcoin holding, but so it becomes an accepted norm for payment transactions. This will lead to liberated financial markets, known as KYC-free Bitcoin Circular Economies . KYC-free Bitcoin Circular Economies KYC-free Bitcoin Circular Economies Despite decades of propaganda, the truth is that Bitcoin is the PERFECT solution to a broken financial system and the only thing needed is usage and adoption. It’s low-cost, scalable, fast, and iconic. It’s also more than capable of handling large transaction volumes and will help to alleviate a world under siege by inept politicians and corrupt central banks. The rate of Bitcoin adoption across the globe might be the best metric we have to measure individual liberties.

Bitcoin Adoption & Planetary Sovereignty - One And The Same?

বিটকয়েন গ্রহণ এবং গ্রহের সার্বভৌমত্ব - এক এবং একই?

Bitcoin-Einführung und planetare Souveränität – ein und dasselbe?

Adopción de Bitcoin y soberanía planetaria: ¿uno y el mismo?

Adoption du Bitcoin et souveraineté planétaire : une seule et même chose ?

बिटकॉइन अपनाना और ग्रहीय संप्रभुता - एक ही बात?

ビットコインの採用と惑星の主権は同じもの？

비트코인 채택과 행성 주권 - 하나이고 같은가?

Adoção do Bitcoin e Soberania Planetária - A Mesma?

Принятие биткойнов и планетарный суверенитет – одно и то же?

Bitcoin'in Benimsenmesi ve Gezegensel Egemenlik - Bir Ve Aynı mı?

Việc áp dụng Bitcoin và chủ quyền hành tinh - Một và giống nhau?

比特币的采用和行星主权——是一回事吗？

The annual meeting in explores the main issues facing the global community and, with the help of experts, makes predictions about the challenges of the coming year. Since the rise of digitization, one hot topic at this yearly rendezvous is the thrilling realm of cybersecurity. World Economic Forum’s Davos According to EU President Ursula von der Leyen, “For the global business community, the top concern for the next two years is not conflict or climate. It is disinformation and misinformation.” Forget world peace or saving the polar bears; it seems our new enemy wears a digital disguise. The cybersphere is now the ultimate rumor mill, making it more crucial than ever to tackle cybersecurity issues head-on. To treat the problems, one must first diagnose them, which is what the WEF’s does. Produced in collaboration with Accenture, the report illuminates major cybersecurity trends that will impact the economy and society. Brace yourselves for a journey through the quirky landscapes of cyber trends as we unveil the five blockbuster findings from this year’s tech thriller: Global Cybersecurity Outlook 2024 Growing Cyber Inequity Based on Cyber Resilience Cyber inequity is growing between organizations that are cyber-resilient and those that are not. The number of organizations with a minimum level of cyber resilience has decreased by are becoming more cyber resilient while small and medium enterprises (SMEs) are declining significantly. It's like a cyber fitness divide! 30%. Large organizations Several factors contribute to increased cyber inequality. These include the cost of cyber services, the uneven adoption of cyber insurance, and a prominent gap in cyber skills. The widening gap with respect to cyber resilience is evident geographically as well, depicting a global cybersecurity gap dividing organizations on either side of the “cybersecurity poverty line (CPL).” Recently, the cybersecurity economy has grown significantly and rapidly. This expansion has widened the cyber resilience gap between large and small organizations. The larger organizations are becoming more and more resilient, while SMEs are getting weaker. The WEF calls for a superhero team-up between organizations, NGOs, and the government to reduce cyber inequity. It's time to unite against the cyberbullies! Exacerbated Cyber Resilience Challenges Due to Emerging Technology New technology is popping up faster than memes in your social media feed. Even the apps can’t work for long without the necessary (and annoying) "updates.” The past few years, in particular, have seen the rise of generative artificial intelligence (AI). The WEF reports that the global business community needs to develop an understanding of the short-, mid-, and long-term impacts of such technologies on the cybersecurity landscape. Furthermore, 2024 is a significant election year in which will vote for their new leaders. Election campaigns have become rife with manipulation and present a landscape with many cyber security threats. more than 45 countries There are several ways in which emerging technology can pose a risk in the coming year: Misinformation and disinformation campaigns proliferated through social media Deepfake video and audio recordings that are difficult to detect and combat Targeted advertising of misinformation with personalized advertisements Data privacy concerns about the leakage of personal information Algorithmic manipulation on social media by biased AI algorithms The main conclusion the report draws about AI is that the advancement of generative AI technology is likely to advantage cyber attackers over defenders. Emerging technologies are undoubtedly beneficial, but to manage the risks involved, organizations also need to address cybersecurity fundamentals like the security development life cycle (SDLC). The spectrum of cyber threats is evolving, and security advancement needs to evolve faster. Widening Cyber Skills and Talent Shortage The demand for cyber professionals is rising faster than your favorite streaming platform's subscription fees. It’s a cyber skills drought! Approximately half of the SMEs say they do not have sufficient cyber skills necessary to meet their objectives, and only are optimistic that cyber skills education will improve in the next two years. 15% of all organizations Emerging technologies have increased the demand for skilled professionals, but the current talent pool is insufficient. Organizations are struggling to find, attract, and retain cybersecurity talent. There are a few ways to address the gap, one of which is investment in training and certifications for existing employees. The report emphasizes the need for creative techniques such as non-traditional recruitment, micro-credentials, and apprentice programs to create a strategic framework for cybersecurity talent. There’s no quick fix here, people; we’re going to have to get creative! Increasing Alignment of Cyberspace and Businesses The Global Cybersecurity Outlook has carried out surveys to understand the attitudes of leaders towards cybersecurity and track how businesses are becoming aligned with cybersecurity to become more resilient. Cyber incidents are no longer abstract nightmares; they're the reality TV shows of the business world. Almost 3 in 10 companies reported having experienced material losses from cyber incidents during 2023. On average, 45% of leaders are mainly concerned about operational disruption from a cyber incident. The perspectives of cyber leaders and business leaders are aligned in this matter, depicting some degree of consensus in the cybersecurity landscape. In addition, leaders have certain personal concerns, including losing access to crucial goods and services and cyberextortion. Although the union of business and cyber is improving, many organizations report that legacy technology is the biggest barrier to cyber resilience. The cost of transforming legacy systems and processes is a common concern for leaders when attempting to embrace cybersecurity systems. Escalating Cyber Ecosystem Risks In this digital jungle, your ecosystem partners are both allies and potential frenemies. Third-party risks are skyrocketing, with blaming them for recent cyber woes. According to this year’s report, the risks faced by cyber ecosystems are becoming more problematic. The partners in an ecosystem are both a valuable asset and a potential obstacle to a trustworthy digital future for any organization. 41% Organizations are vulnerable to cyber threats. Out of the executives who believe their organizations meet minimum cyber resilience requirements, they still don’t adequately understand their supply-chain cyber vulnerabilities. 64% say At the same time, however, the report highlights that perspectives on cyber regulation are developing. acknowledge that it is effective. The supply chain is a crucial area with room for improvement where risks can be addressed. Shoutout to the WEF’s SCRE Initiative for being the superhero squad tackling fragmented regulations! 60% of private organization leaders Final Thoughts In conclusion, the World Economic Forum's Global Cybersecurity Outlook 2024 highlights major trends in cybersecurity. This includes the widening cyber resilience gap, technological challenges, growing skills shortages, improved alignment of cyber and business, and escalating cyber risks. Stay cyber-safe, fellow netizens!

Cybersecurity and Trends in 2024 Based on WEF 2024 Outcomes

Key takeaways Maximalists don't like Multi-chain Multi-chain crypto economy provides better security Multi-chain crypto economy fosters healthy competition Multi-chain crypto economy is the realization of decentralization As the name of this article might imply, we believe that moving forward, the perennial debate as to whether or not the crypto/digital economy will be based on a singular network has been closed forever, and the verdict has been delivered… The future shall be multi-chain! Who Cares about Multi-chain? At the heart of the crypto uprising that began over a decade ago (and the primary value proposition of the open, permissionless, immutable ) has been decentralization. digital ledger technology Decentralization is a very abstract, subjective concept that demonstrates the diffusion of power/risk from a single source to many. It is on the back of this ephemeral primitive that we  now have an industry worth north of 1.65 Trillion USD. Decentralization is a concept that systematically arises throughout human history as global power shifts happen. As an empire falls, 100 new ones are born and contend to replace it. As companies hit their maturation inflection points, they begin to slowly deteriorate and give up market share to younger, more nimble, innovative competitors. Cryptocurrency (the ultimate application of blockchain technology thus far) was born from the very idea of decentralizing money, separating it from the state, and establishing a neutral economic environment. Therefore, for crypto to live up to its promises, it must embody the essence of decentralization on every level; having a single network domineering over all of humanity's  digital value transference would ultimately be antithetic to that message… not to mention ridiculously risky. actually Arguments Against Multi-Chain What are some of the points they used to challenge the viability of a multi-chain cryptosystem? Let's see: Technical and Economic Fragmentation The inefficiencies of disjointed systems that fragment liquidity degrade user experience/functionality to such an extent that we ultimately end up recreating the same problems of siloed data systems prevalent in Web2. This seems to only be a problem in theory. As empirical evidence would suggest, fragmentation has become an opportunity for bridge service providers and aggregators' business models to be built. Diluting Security Allocating all human, time, effort, and attention to securing a single system would result in much higher diligence and monitoring than if those same resources were split up. This seems intuitively true on the surface, but in practice, things materialize differently. If all human economic endeavors are secured by a single network, then that network becomes a central point of failure. At some point, the cost of contributing to said security would become so insane that regular people and businesses would no longer be able to participate, and nation-state actors would be the only ones with enough capital to contribute. Resulting in a round trip back to centralized control. Complicating Development More environments mean more diversity in programming languages, logic, style, execution, storage, and everything else; meanwhile, having a single, universal ledger would allow for the training of a wider set of specialists based on standardizations. The clutter of multi-chains would just disincentivize potential users. Not necessarily; in fact, not at all. The variance in a multi-chain environment is more likely to be able to appeal to a wider set of developers. Each chain carries its philosophies, expressed in its architecture, that resonate differently among developers. Moreover, human nature has a competitive element imbued into it; having developers competing with each other would produce greater results than if they were all working on the same thing the same way. Asymmetrically Enriching Private Groups Well-resourced and intelligent private groups with specific skill sets would subvert the openness of such a system to be able to endlessly launch new digital assets ecosystems, leeching from their audiences and lining their own pockets. Insert Cardano pun here. There is some rationale behind this thinking, and in fact, it does materialize in some shitcoin projects; there are groups of shadowy super coders that are spitting out scams incessantly…
However, it is this very same open competition that invited Bitcoin, Ethereum, Solana, and the countless forks in between. This is a fake narrative pushed forth by the wealthy elites who are putting on a facade to confuse average people into supporting their arguments; it is the wealthiest that stand to lose the most in such an environment. Arguments Supporting Multi-Chain Early industry visionaries have been pushing the idea of a multi-chain universe long before the term "rollup" even existed. So, what are some of the points they used to defend the viability of a multi-chain cryptosystem? Let's check them out: Economic Resilience In the presence of a singular network, critical issues could have catastrophic results. If the entire human population depends on the Bitcoin blockchain for its activities and Satoshi suddenly appears to zero-day attack everybody, the world economy would come to a screeching halt. The damages would be felt for decades as trust infrastructure is attempted to be rebuilt. Having a global economy that is not dependent on the success or failure of any single system seems obvious; thus, by splitting economic value throughout a multitude of independent networks, the world can continue operating uninterrupted. Bitcoin goes down, freezing 30% of the value in the crypto industry with it. Ethereum continues to operate. Solana continues to operate. Businesses can conduct transactions. People can pay their debts. What's crazy is that even with the Bitcoin network down, the assets itself (BTC) would still be tradeable on any of the pegged networks (such as WBTC on ETH). Technical Redundancy Just as in the case of economic resilience, should any critical technological issues, bugs, circuit meltdowns, or worldwide electromagnetic disruptions from solar waves shock a system enough to derail its fluid operations, there will always exist alternative/supplementary system(s). This gets into the weeds of validator nodes sharing security through architectures like Eigen layer or IBC, as well as conversations around software clients. Imagine there are 101 nodes all running the same client on network Z. Suddenly, the client trips out, and the network becomes impossible to operate on. The community of users and node operators get furious with the network's technical ineptitude and can seamlessly reallocate their resources to support another network. Leveling Playing Field Fostering healthy competition by allowing anybody to contend for the right of something is a natural law. In a world of a single network, the very essence of competition dies, and a pseudo-communist regime rises. How Does a MultiChain Future Look? Like a 4 dimensional spiderweb that continues to expand in every direction at every vector point.  Maybe there will be 100 base layer 1 chains, each with 100 layer 2s that have dedicated appchain Layer 3s. Maybe there will be just 10 monolithic layer 1s with 10,000 modular appchain L2s built on them. Sounds fancy, but in truth… Who the f*ck knows? Over the years, the very concept of what a chain is and how it looks has evolved dramatically. New technologies (nested chains, rollups, sidechains, plasma, Eigen Layer, etc.) have shifted the paradigm of what it means to be a chain to begin with. Just as back in the day, when the industry evolved from general-purpose hardware (CPU, GPU, FPGA) into ASICs, it has now shifted into a new era of application-specific chains (or rollups/rollapps). Moving forward, this will only accelerate. So Is a Multi-chain Future Good or Bad? Regardless of what maximalists might think, a in just about every way to its single-chain counterpart. multi-chain world is superior At the very least, all of the experimentation/innovation taking place contributes to solving issues of scalability, interoperability, and performance in more exotic ways than in a uni-polar regime. Onwards Decentralization will ultimately win. To the entrenched incumbent behemoths of the legacy financial world, we wish you luck with swift adaptations to the new multi-chain crypto world order. We anticipate you to launch private networks, only to have them deteriorate to the forces of Mother Nature and Father Physics. To the early-stage innovators and builders, we send you our goodwill and an invitation to connect. Let's build this multi-chain world together. Thank you so much for reading, Excited to be on this journey! See you On-chain 👋⛓

The Future of Crypto and Web3 is Multi-Chain

ক্রিপ্টো এবং ওয়েব 3 এর ভবিষ্যত হল মাল্টি-চেইন

Die Zukunft von Krypto und Web3 ist Multi-Chain

El futuro de Crypto y Web3 es multicadena

L'avenir de la crypto et du Web3 est multi-chaînes

क्रिप्टो और वेब3 का भविष्य मल्टी-चेन है

暗号通貨と Web3 の未来はマルチチェーンです

암호화폐와 Web3의 미래는 멀티체인입니다

O futuro da criptografia e da Web3 é multicadeia

Будущее криптовалют и Web3 – мультичейн

Kripto ve Web3'ün Geleceği Çoklu Zincirde

Tương lai của tiền điện tử và Web3 là đa chuỗi

加密货币和 Web3 的未来是多链

In the rapidly evolving landscape of the digital era, trust and integrity are fundamental pillars that underpin the reliability and . With the exponential growth of digital information, the need for ensuring data integrity has become paramount. Enter blockchain technology—a revolutionary innovation that promises to redefine trust in the digital age. security of data One of the most compelling features of blockchain is its ability to maintain the . Every piece of information stored on a blockchain is securely encrypted into blocks and linked together in a continuous chain. Each block contains a unique cryptographic hash, timestamp, and reference to the previous block, creating an unalterable record of transactions or information. Once recorded, data stored on the blockchain cannot be modified or deleted without the consensus of the entire network, making it highly resistant to tampering and fraud. integrity of data Today, several platforms have been able to harness this power to become more reliable. The Chronicle Protocol - a scalable, cost-efficient Oracle service - is looking to bolster the functionality of traditional blockchains by improving the workings of an integral part called data . Oracles Essentially, Oracles help to feed blockchains with data. But, the operation of these components has been hampered significantly thanks to their build. Chronicle is looking to introduce a new type of Oracle, which is blockchain-agnostic, verifiable, and gas-efficient in operation. Kicking off with ETH Warsaw, followed by ETH Lisbon and the ETHGlobal Istanbul, Chronicle is now looking to build on adoption via industry-leading hackathons. We spoke with Angus Tookey of Chronicle Labs to understand their vision and how they believe that Chronicle could help usher in a new age of cost-efficiency with blockchains and data integrity. 1. Where did the vision for Chronicle come from? “Chronicle was born from . The brand ‘Chronicle’ is new; however, the protocol has been live since 2017, exclusively securing up to $20bn in crypto assets for Maker. This actually makes it one of the oldest, continually operating protocols in the space. MakerDAO The vision of Niklas Kunkel, the Head of the Oracle Core Unit of MakerDAO, was to spin out the team and tech stack to continue to serve Maker but also offer Oracle services to the wider community. As of September 2023, this vision became a reality, and the brand Chronicle Protocol was launched. Web3 The overarching vision of Chronicle is to provide a better and verifiable option for on-chain data. Until now, Oracle protocols operate like ‘black boxes’ with almost zero transparency on how and where data is sourced, as well as crippling on-chain costs to operate. Chronicle changes that with fully verifiable data via , an on-chain dashboard, and the invention of ‘Scribe’, a new cryptographic Oracle primitive that reduces gas usage of Oracles by over 80% versus the most used Oracle provider.” The Chronicle 2. Do you envision Chronicle being implemented on more chains after Ethereum? “Chronicle was born on , and zkEVM was the first chain to follow as we launched in September. The goal for the rest of 2023 is to roll out integrations with all the major EVM chains. Ethereum Polygon It isn’t true that all EVM chains are the same; implementations vary wildly. However, we have designed Scribe to be a ‘single implementation’ on EVM. We did it this way to ensure accessibility but also security. It is safer to monitor and deploy a single implementation than make custom versions for each chain, and we can ensure its integrity if it is the same across all chains. It is the unique design of ‘Scribe,’ using an Optimistic Schnorr hybrid model, that allows us to construct a single implementation that operates effectively on both L1s and L2s, despite the environments and limitations of these chains being polar opposites. For the rest of 2023, we will be rolling out our Scribe architecture Chronicle Oracles across all the major such as Optimism, Arbitrum, Base, Mantle, Scroll, and more.” EVM chains 3. What would you say is the biggest impediment to blockchain adoption at a global level right now? “I think the blocker right now is understanding. Specifically, an understanding of how or the innate features of Web3, can enhance or improve industries. We talk about this as ‘coming on-chain,’ and I see it much like the early days of businesses deciding whether it would add value for them to ‘come online.’ blockchain technology, However, that is not to say every industry would benefit from coming on-chain - at least in its current form. Operationally, blockchain technology is still vastly more expensive to run than off-chain equivalents. However, this is getting more cost-effective all the time. There are, however, some industries that can really benefit from the integration of blockchain technology, and when that level of education and successful examples are there, a better understanding will follow. I think then we will start to see a much broader adoption of the technology in traditional industries. Finance is a great example of an industry that has an excellent product-market fit with . So far, it is perhaps the only decentralized industry in the space that has found that product market fit, with billions of dollars of TVL. Oracles are at the heart of this; there is no DeFi without Oracles, so we are very supportive of the growth and innovation of financial products on-chain at Chronicle.” blockchain in DeFi 4. Is there more to Oracles than just price data? “Essentially, if you want to get any data into a , you need an Oracle to deliver it. The complexity of the Oracle can vary depending on how secure you need or want it to be, but smart contracts (the software that underpins every blockchain product or application) cannot make API calls to get that data from off-chain sources. smart contract Oracles have been designed as the bridge between off-chain data and on-chain apps or products. As a result, the type of data Oracles can handle is almost unlimited. There is a great demand for price data at the moment, and so market forces dictate that this is where Oracle providers, such as Chronicle, have concentrated their development thus far. However, there is huge growth to come from providing a variety of other data, including a variety of other numerical values such as interest & base rates, the values of ‘real-world assets’, or even the outcome of a sports match, governance decision, or authentication of verification by signatories. At Chronicle, we are working on tackling a number of these new use cases with our partners in the space, like Centrifuge and Maker. Of particular interest is the digital layer of truth, or attestations, that could unlock the current process of deploying on-chain capital into real-world assets, such as .” treasury bonds Conclusion At the end of the day, there remains much work to be done in the blockchain space - especially from a functional standpoint. But, with more projects looking to build on the future, there’s a lot to look forward to as well.

Blockchain and Data Integrity: An Interview About a New Era of Trust in the Digital Age

Wives and Daughters by Elizabeth Cleghorn Gaskell, is part of the HackerNoon Books Series. You can jump to any chapter in this book . BRIGHTENING PROSPECTS. here CHAPTER XXXIII. BRIGHTENING PROSPECTS. It was a day or two afterwards, that Mr. Gibson made time to ride round by Hamley, desirous to learn more exact particulars of this scheme for Roger than he could obtain from any extraneous source, and rather puzzled to know whether he should interfere in the project or not. The state of the case was this:—Osborne's symptoms were, in Mr. Gibson's opinion, signs of his having a fatal disease. Dr. Nicholls had differed from him on this head, and Mr. Gibson knew that the old physician had had long experience, and was considered very skilful in the profession. Still he believed that he himself was right, and, if so, the complaint was one which might continue for years in the same state as at present, or might end the young man's life in an hour—a minute. Supposing that Mr. Gibson was right, would it be well for Roger to be away where no sudden calls for his presence could reach him—away for two years? Yet if the affair was concluded, the interference of a medical man might accelerate the very evil to be feared; and after all, Dr. Nicholls might be right, and the symptoms might proceed from some other cause. Might? Yes. Probably did? No. Mr. Gibson could not bring himself to say "yes" to this latter form of sentence. So he rode on, meditating; his reins slack, his head a little bent. It was one of those still and lovely autumn days when the red and yellow leaves are hanging-pegs to dewy, brilliant gossamer-webs; when the hedges are full of trailing brambles, loaded with ripe blackberries; when the air is full of the farewell whistles and pipes of birds, clear and short—not the long full-throated warbles of spring; when the whirr of the partridge's wings is heard in the stubble-fields, as the sharp hoof-blows fall on the paved lanes; when here and there a leaf floats and flutters down to the ground, although there is not a single breath of wind. The country surgeon felt the beauty of the seasons perhaps more than most men. He saw more of it by day, by night, in storm and sunshine, or in the still, soft, cloudy weather. He never spoke about what he felt on the subject; indeed, he did not put his feelings into words, even to himself. But if his mood ever approached to the sentimental, it was on such days as this. He rode into the stable-yard, gave his horse to a man, and went into the house by a side entrance. In the passage he met the Squire. "That's capital, Gibson! what good wind blew you here? You'll have some lunch? it's on the table, I only just this minute left the room." And he kept shaking Mr. Gibson's hand all the time till he had placed him, nothing loth, at the well-covered dining-table. "What's this I hear about Roger?" said Mr. Gibson, plunging at once into the subject. "Aha! so you've heard, have you? It's famous, isn't it? He's a boy to be proud of, is old Roger. Steady Roger; we used to think him slow, but it seems to me that slow and sure wins the race. But tell me; what have you heard? how much is known? Nay, you must have a glass full. It's old ale, such as we don't brew now-a-days; it's as old as Osborne. We brewed it that autumn, and we called it the young squire's ale. I thought to have tapped it on his marriage, but I don't know when that will come to pass, so we've tapped it now in Roger's honour." The old squire had evidently been enjoying the young squire's ale to the verge of prudence. It was indeed as he said, "as strong as brandy," and Mr. Gibson had to sip it very carefully as he ate his cold roast beef. "Well! and what have you heard? There's a deal to hear, and all good news, though I shall miss the lad, I know that." "I did not know it was settled; I only heard that it was in progress." "Well, it was only in progress, as you call it, till last Tuesday. He never let me know anything about it, though; he says he thought I might be fidgety with thinking of the pros and cons. So I never knew a word on't till I had a letter from my Lord Hollingford—where is it?" pulling out a great black leathern receptacle for all manner of papers. And putting on his spectacles, he read aloud their headings. "'Measurement of timber, new railings,' 'drench for cows, from Farmer Hayes,' 'Dobson's accounts,'—'um 'um—here it is. Now read that letter," handing it to Mr. Gibson. It was a manly, feeling, sensible letter, explaining to the old father in very simple language the services which were demanded by the terms of the will to which he and two or three others were trustees; the liberal allowance for expenses, the still more liberal reward for performance, which had tempted several men of considerable renown to offer themselves as candidates for the appointment. Lord Hollingford then went on to say that, having seen a good deal of Roger lately, since the publication of his article in reply to the French osteologist, he had had reason to think that in him the trustees would find united the various qualities required in a greater measure than in any of the applicants who had at that time presented themselves. Roger had deep interest in the subject; much acquired knowledge, and at the same time, great natural powers of comparison, and classification of facts; he had shown himself to be an observer of a fine and accurate kind; he was of the right age, in the very prime of health and strength, and unshackled by any family ties. Here Mr. Gibson paused for consideration. He hardly cared to ascertain by what steps the result had been arrived at—he already knew what that result was; but his mind was again arrested as his eye caught on the remuneration offered, which was indeed most liberal; and then he read with attention the high praise bestowed on the son in this letter to the father. The Squire had been watching Mr. Gibson—waiting till he came to this part—and he rubbed his hands together as he said,— "Ay! you've come to it at last. It's the best part of the whole, isn't it? God bless the boy! and from a Whig, mind you, which makes it the more handsome. And there's more to come still. I say, Gibson, I think my luck is turning at last," passing him on yet another letter to read. "That only came this morning; but I've acted on it already, I sent for the foreman of the drainage works at once, I did; and to-morrow, please God, they'll be at work again." Mr. Gibson read the second letter, from Roger. To a certain degree it was a modest repetition of what Lord Hollingford had said, with an explanation of how he had come to take so decided a step in life without consulting his father. He did not wish him to be in suspense for one reason. Another was that he felt, as no one else could feel for him, that by accepting this offer, he entered upon the kind of life for which he knew himself to be most fitted. And then he merged the whole into business. He said that he knew well the suffering his father had gone through when he had had to give up his drainage works for want of money; that he, Roger, had been enabled at once to raise money upon the remuneration he was to receive on the accomplishment of his two years' work; and that he had also insured his life, in order to provide for the repayment of the money he had raised, in case he did not live to return to England. He said that the sum he had borrowed on this security would at once be forwarded to his father. Mr. Gibson laid down the letter without speaking a word for some time; then he said,—"He'll have to pay a pretty sum for insuring his life beyond seas." "He's got his Fellowship money," said the Squire, a little depressed at Mr. Gibson's remark. "Yes; that's true. And he's a strong young fellow, as I know." "I wish I could tell his mother," said the Squire in an under-tone "It seems all settled now," said Mr. Gibson, more in reply to his own thoughts than to the Squire's remark. "Yes!" said the Squire; "and they're not going to let the grass grow under his feet. He's to be off as soon as he can get his scientific traps ready. I almost wish he wasn't to go. You don't seem quite to like it, doctor?" "Yes, I do," said Mr. Gibson in a more cheerful tone than before. "It can't be helped now without doing a mischief," thought he to himself. "Why, Squire, I think it a great honour to have such a son. I envy you, that's what I do. Here's a lad of three or four and twenty distinguishing himself in more ways than one, and as simple and affectionate at home as any fellow need to be—not a bit set up." "Ay, ay; he's twice as much a son to me as Osborne, who has been all his life set up on nothing at all, as one may say." "Come, Squire, I mustn't hear anything against Osborne; we may praise one, without hitting at the other. Osborne hasn't had the strong health which has enabled Roger to work as he has done. I met a man who knew his tutor at Trinity the other day, and of course we began cracking about Roger—it's not every day that one can reckon a senior wrangler amongst one's friends, and I'm nearly as proud of the lad as you are. This Mr. Mason told me the tutor said that only half of Roger's success was owing to his mental powers; the other half was owing to his perfect health, which enabled him to work harder and more continuously than most men without suffering. He said that in all his experience he had never known any one with an equal capacity for mental labour; and that he could come again with a fresh appetite to his studies after shorter intervals of rest than most. Now I, being a doctor, trace a good deal of his superiority to the material cause of a thoroughly good constitution, which Osborne hasn't got." "Osborne might have, if he got out o' doors more," said the Squire, moodily; "but except when he can loaf into Hollingford he doesn't care to go out at all. I hope," he continued, with a glance of sudden suspicion at Mr. Gibson, "he's not after one of your girls? I don't mean any offence, you know; but he'll have the estate, and it won't be free, and he must marry money. I don't think I could allow it in Roger; but Osborne's the eldest son, you know." Mr. Gibson reddened; he was offended for a moment. Then the partial truth of what the Squire said was presented to his mind, and he remembered their old friendship, so he spoke quietly, if shortly. "I don't believe there's anything of the kind going on. I'm not much at home, you know; but I've never heard or seen anything that should make me suppose that there is. When I do, I'll let you know." "Now, Gibson, don't go and be offended. I'm glad for the boys to have a pleasant house to go to, and I thank you and Mrs. Gibson for making it pleasant. Only keep off love; it can come to no good. That's all. I don't believe Osborne will ever earn a farthing to keep a wife during my life, and if I were to die to-morrow, she would have to bring some money to clear the estate. And if I do speak as I shouldn't have done formerly—a little sharp or so—why, it's because I've been worried by many a care no one knows anything of." "I'm not going to take offence," said Mr. Gibson, "but let us understand each other clearly. If you don't want your sons to come as much to my house as they do, tell them so yourself. I like the lads, and am glad to see them; but if they do come, you must take the consequences, whatever they are, and not blame me, or them either, for what may happen from the frequent intercourse between two young men and two young women; and what is more, though, as I said, I see nothing whatever of the kind you fear at present, and have promised to tell you of the first symptoms I do see, yet farther than that I won't go. If there's an attachment at any future time, I won't interfere." "I shouldn't so much mind if Roger fell in love with your Molly. He can fight for himself, you see, and she's an uncommon nice girl. My poor wife was so fond of her," answered the Squire. "It's Osborne and the estate I'm thinking of!" "Well, then, tell him not to come near us. I shall be sorry, but you will be safe." "I'll think about it; but he's difficult to manage. I've always to get my blood well up before I can speak my mind to him." Mr. Gibson was leaving the room, but at these words he turned and laid his hand on the Squire's arm. "Take my advice, Squire. As I said, there's no harm done as yet, as far as I know. Prevention is better than cure. Speak out, but speak gently to Osborne, and do it at once. I shall understand how it is if he doesn't show his face for some months in my house. If you speak gently to him, he'll take the advice as from a friend. If he can assure you there's no danger, of course he'll come just as usual, when he likes." It was all very fine giving the Squire this good advice; but as Osborne had already formed the very kind of marriage his father most deprecated, it did not act quite as well as Mr. Gibson had hoped. The Squire began the conversation with unusual self-control; but he grew irritated when Osborne denied his father's right to interfere in any marriage he might contemplate; denied it with a certain degree of doggedness and weariness of the subject that drove the Squire into one of his passions; and although, on after reflection, he remembered that he had his son's promise and solemn word not to think of either Cynthia or Molly for his wife, yet the father and son had passed through one of those altercations which help to estrange men for life. Each had said bitter things to the other; and, if the brotherly affection had not been so true between Osborne and Roger, they too might have become alienated, in consequence of the Squire's exaggerated and injudicious comparison of their characters and deeds. But as Roger in his boyhood had loved Osborne too well to be jealous of the praise and love which the eldest son, the beautiful brilliant lad, had received, to the disparagement of his own plain awkwardness and slowness, so now Osborne strove against any feeling of envy or jealousy with all his might; but his efforts were conscious, Roger's had been the simple consequence of affection, and the end to poor Osborne was that he became moody and depressed in mind and body; but both father and son concealed their feelings in Roger's presence. When he came home just before sailing, busy and happy, the Squire caught his infectious energy, and Osborne looked up and was cheerful. There was no time to be lost. He was bound to a hot climate, and must take all advantage possible of the winter months. He was to go first to Paris, to have interviews with some of the scientific men there. Some of his outfit, instruments, &c., were to follow him to Havre, from which port he was to embark, after transacting his business in Paris. The Squire learnt all his arrangements and plans, and even tried in after-dinner conversations to penetrate into the questions involved in the researches his son was about to make. But Roger's visit home could not be prolonged beyond two days. The last day he rode into Hollingford earlier than he needed to have done to catch the London coach, in order to bid the Gibsons good-by. He had been too actively busy for some time to have leisure to bestow much thought on Cynthia; but there was no need for fresh meditation on that subject. Her image as a prize to be worked for, to be served for seven years, and seven years more, was safe and sacred in his heart. It was very bad, this going away, and wishing her good-by for two long years; and he wondered much during his ride how far he should be justified in telling her mother, perhaps in telling her own sweet self, what his feelings were without expecting, nay, indeed reprobating, any answer on her part. Then she would know at any rate how dearly she was beloved by one who was absent; how in all difficulties or dangers the thought of her would be a polar star, high up in the heavens, and so on, and so on; for with all a lover's quickness of imagination and triteness of fancy, he called her a star, a flower, a nymph, a witch, an angel, or a mermaid, a nightingale, a siren, as one or another of her attributes rose up before him. About HackerNoon Book Series: We bring you the most important technical, scientific, and insightful public domain books. This book is part of the public domain. Elizabeth Cleghorn Gaskell (2003). Wives and Daughters. Urbana, Illinois: Project Gutenberg. Retrieved https://www.gutenberg.org/cache/epub/4274/pg4274-images.html This eBook is for the use of anyone anywhere at no cost and with almost no restrictions whatsoever. You may copy it, give it away or re-use it under the terms of the Project Gutenberg License included with this eBook or online at , located at . www.gutenberg.org https://www.gutenberg.org/policy/license.html

BRIGHTENING PROSPECTS.

A Contribution to the Study of Psychological Types

Hey, everybody! You have highly assessed my previous article . So, today, I will continue to discuss the DevSecOps topic for you. How to Turn A DevOps Pipeline Into a DevSecOps Pipeline: A Shift Left Concept Overview In this article, I will discuss technological challenges, review the most relevant safe development practices today regarding current industry demands, and share my view on industry trends and development vectors in the current realities. Application Security Practice Transformation Pathway Application Security is now mainstream. New information security challenges (e.g., increasing attacks on APIs and software supply chains) require more innovative and effective solutions. The continuous development of the market and its current demands lead to the emergence of new technologies and changes in the tool stack. To assess the overall picture, let's look at the , which reflects current trends and the current level of development of existing information security tools. Gartner Hype Cycle for Application Security 2023 report The structure of the cycle shown in the graph consists of 5 phases: Innovation Trigger. It includes technologies just starting their journey in the information security space. Peak of Inflated Expectations. Technologies in this phase have some success stories but also failures. Companies are trying to adapt practices to their needs, but widespread adoption is still a long way off. Trough of Disillusionment. Interest in technologies in this phase is already waning as adoption is only sometimes successful. Slope of Enlightenment. At this stage, technologies have many precedents where they can be helpful to companies. New generations of tools are emerging, and demand for them is increasing. Plateau of Productivity. At this stage, technologies have clearly defined tasks and application areas and are on the vector of becoming mainstream. Let's look at DevSecOps and today's most relevant and exciting secure development practices in terms of their impact on business, technology, and geopolitical challenges. DevSecOps in current realities DevSecOps According to Gartner, is a mature mainstream. As defined by Gartner, DevSecOps is now in the "Plateau of Productivity" phase. The technology has already become a mature mainstream, reaching more than 50% of the target audience. The methodology enables security teams to keep pace with development and operations departments as they build modern applications. The model provides deep integration of information security tools into DevOps and automation of all processes regarding the creation of secure software. As a result, DevSecOps helps businesses improve product security and compliance of applications and processes with industry and regulatory standards. It also reduces the cost of vulnerability remediation, improves Time-to-Market, and builds developer expertise. To build an effective, secure development process, companies face several challenges: When AppSec practices are implemented incorrectly and the process is not aligned correctly, security becomes the antithesis of DevOps. Developers begin to see information security tools as tools that slow them down. The variety of tools used in today's CI/CD pipelines makes seamless DevSecOps integration difficult. Many developers lack security competencies, so they don't understand how dangerous their code can be. They don't want to leave the CI/CD pipelines to perform information security tests or view scanning results. They experience great difficulties when they encounter false positives of SAST and DAST tools. Open-source security solutions may contain malicious code. If you are new to the DevSecOps concept, read my previous article . How to Turn A DevOps Pipeline Into a DevSecOps Pipeline: A Shift Left Concept Overview DevSecOps practices in the context of today's challenges Now, I will discuss the most interesting part of this article. SCA (Software Composition Analysis) According to Gartner, SCA (Software Composition Analysis) is a mature mainstream. Businesses should consider SCA tools as fundamental solutions for monitoring open-source products (OSS) and third-party artifacts and identifying their vulnerabilities. This will help identify software supply chain risks, ensure the integrity of Open Source components, and analyze their licensing purity. Challenges affecting the development and diffusion of such solutions include the following: Many open-source packages, interdependencies, and programming languages create a complex structure. To cope with this, companies have to combine multiple solutions, implementing security analysis more difficult and costly. SCA tools rely on public vulnerability databases to identify malicious code and often bypass commercial software libraries, which can also be useful in finding dangerous breaches. In 2023, Open Source libraries have become popular targets for attacks against some companies. Attackers use malware and protestware that different solutions cannot detect. Many companies freeze using new libraries and Open Source components, which may lead to lagging in technological development. Great, move on. MAST (Mobile Application Security Testing) MAST (Mobile Application Security Testing) According to Gartner, is early mainstream, reaching a < 2-5 years plateau. In terms of business impact, fully implemented MAST practices will be an effective solution to save engineering resources in the face of a total talent shortage in mobile development. MAST uses the same methods as web application testing (SAST, DAST, IAST). However, when applying them to mobile applications, the analysis must be adapted to identify vulnerabilities in the client application code. The practice of MAST has not yet reached full maturity as mobile platforms are still evolving. Another challenge is that organizations must perform mobile application security analysis as part of less advanced cybersecurity programs. The central localized aspect affecting the overall level of security is the need for more explicit information security guidelines, built-in security checks, and insufficient attention to mobile app security in general. Container Security Container Security According to Gartner, is an emerging technology, reaching a plateau of < 2-5 years. Like any other software component, containers can contain vulnerabilities and configuration issues. Developers will likely introduce vulnerabilities into the development and production environments without proper testing, resulting in serious risks. Today, information security teams are slow to adopt Container Security practices and secure container development tools, so companies must be aware of potential issues and sometimes unprepared to respond to attacks. When it comes to technology challenges, DevOps experts distinguish 2 polar approaches. Many vendors and development companies treat the container security issue as a risk that occurs in runtime. On the contrary, the second category limits itself to looking for vulnerabilities only in images. It needs to provide more context to understand whether the code is actually used in production or accessed externally. Several other aspects can also be emphasized: Application security is blended with infrastructure security, forcing companies to utilize multiple solutions from different vendors. All vendors do not support container orchestration platforms other than Kubernetes. This makes alternative environments vulnerable. Great, move on. ASOC (Application Security Orchestration & Correlation) ASOC (Application Security Orchestration & Correlation) According to Gartner, is an emerging technology, reaching a plateau of < 2-5 years. Today, ASOC technology is the only option to seamlessly integrate information security tools into the DevOps processes of an engineering organization and implement a full-fledged DevSecOps. Such solutions also provide significant advantages in understanding the overall security status of all products under development, help to increase efficiency in prioritizing resources to address the most critical vulnerabilities, and allow coordinating security analysis across multiple development projects. However, several complexities negatively affect the adaptation of the technology: Customers need to be sufficiently aware of the existence of such tools. Many organizations remain focused on a patchwork of automation that scales poorly against the capabilities of ASOC-class solutions. Vendors emphasize integration with either development stack scanners or exploitation stack tools. A lack of integration capabilities sometimes makes it impossible to form a holistic picture of an application's security. Great, move on. API Security Testing API Security Testing According to Gartner, is an emerging technology, reaching a plateau of < 2-5 years. Because program interfaces are spreading too fast, it is difficult to manage them, and with traditional security analysis methods, it is impossible to effectively perform API checks. Because of this, APIs are in the trend of problem areas, and attacks that exploit vulnerabilities in program interfaces have recently become much more frequent. Specialized tools, namely API Security Testing tools, allow you to create a basis for implementing an interface security strategy: identify APIs and search for their vulnerabilities. The limited capabilities of such tools are the main drawback preventing the spread of API ST. The widespread use of software interfaces creates new problems and types of attacks. Existing analysis tools still need to be capable of fully reflecting all risks. Vendors need to modernize the testing approaches used in API ST tools. Securing Development Environments Securing Development Environments According to Gartner, is maturing technology, reaching a < 2-5 years plateau. Development environments are one of the critical attack vectors today because they contain a lot of sensitive information. The most common risks arise from the proliferation of remote work formats and the widespread use of open-source components. Securing Development Environment approaches will help businesses mitigate risks and improve compliance with regulatory requirements and information security standards. Barriers to technology development include: Remotely connecting to CI/CD pipelines, version control systems, and artifact registries using unsecured devices and applications. They create "blind" spots for information security experts and can cause dangerous incidents. Limiting the ability for developers to plug additional tools and applications into the environment. DevOps experts may try to circumvent new rules introduced for security purposes, so a flexible strategy is needed here. Difficulty in recognizing attacks committed using tools such as CI/CD pipelines and code repositories. Security practitioners may miss problems due to unfamiliarity with the mechanisms, and developers may miss issues due to low awareness of information security threats. Great, move on. Chaos Engineering CE (Chaos Engineering) According to Gartner, is an emerging technology, reaching a plateau < 5-10 years. CE (Chaos Engineering) technology provides an approach to process testing that creates an unstable environment, causing sudden failures. Chaos Engineering approaches can be used to plan, execute, and analyze "chaos attacks" on a system throughout its life cycle. The practice is useful in helping to improve the quality of processes, increase their resilience, and reduce failure rates and failure recovery times. One of the main obstacles preventing the practice from developing is how companies perceive it. Many organizations see the technology as risky, as it should be implemented in a production environment, and there will be no opportunity to control the nature of the “explosion”. The organizational culture of companies also influences the development of the practice. Unfortunately, many players today perceive testing and ensuring the system's reliability as additional costs, so they prioritize developing its functionality. SBOM (Software Bill of Materials) SBOM According to Gartner, is an emerging technology, reaching a plateau < 5-10 years. SBOM is a set of structured, machine-readable metadata that describes the composition of software components (open source libraries, fragments of third-party components, proprietary code elements) and documents their relationships in the supply chain. SBOM allows you to inventory software product composition, identify vulnerabilities, and determine the list of licenses for third-party components and open-source libraries for regular review to mitigate legal risks. This together gives businesses a transparent view of dependencies, helps track their status across the entire software supply chain, and enables effective collaboration with companies to find and remediate vulnerabilities. Among the complexities preventing the widespread adoption of SBOM is the existence of requirements without which the approach could be more effective. Its usefulness depends mainly on how much and how well the company has implemented tools for processing, analyzing, and using SBOM data. In particular, automating the search for software components plays a significant role. Other challenges include the need to keep the SBOM up-to-date. Today's applications are updated at a high rate, so with each change, a new version of the SBOM specification must be created. Policy-as-Code Policy-as-Code According to Gartner, is maturing technology, reaching a < 2-5 years plateau. PaC (Policy-as-Code) technology assumes an approach in which policies (corporate rules, architectural standards, instructions, requirements, etc.) are controlled, used, and updated by code in an automated mode. PaC tools allow companies to increase the speed of task fulfillment, reduce the risks of errors due to human factors, improve interaction between employees of one team or different departments, and increase the accuracy of completing all policy conditions. It should be noted that there are several severe difficulties on the way to technology development. The first is the need for downloadable content (policies written in programming languages) in tools that support PaC. Companies should have a publicly available repository to download guidelines instead of creating their code. The second obstacle is needing more expertise and skills to work with automation tools and PaC. Conclusion Today, we are seeing a dramatic increase in the importance of security in the context of application development, leading to a rise in the popularity of DevSecOps and deeper penetration of secure development approaches into companies' processes. Overall, the technology pool of AppSec practices is showing high sensitivity to current cybersecurity trends and is transforming as a result. For the industry, the following can be highlighted as crucial development vectors and solutions to overdue challenges: Open-source information security products do not have the necessary level of reliability and cyber resilience, so our apparent reality today is a complete shift to a zero-trust concept. Not all DevSecOps solutions can cover the Enterprise needs of "big" customers. Among the apparent growth areas are SBOM, API Security Testing, Software Supply Chain Security, Infrastructure as Code Security, Container Security, and DAST. As part of the technology challenge and the need for import substitution, companies need to migrate to a new DevOps stack and select and operate robust tools. Given the growing regulatory requirements (GOST R, FSTEC recommendations, TC 122, OUD), companies also need to "coordinate positions" against open international standards and frameworks (BSIMM, OpenSAMM). Compliance with all information security standards and requirements manually consumes a lot of resources. Over time, there will be even more "regulation" to deal with, so an effective strategic solution is to move to a Policy-as-a-Code format. Since there is a total shortage of personnel in the industry today, the only optimal way out of this situation is to expand employees' competencies through modern approaches to learning. That's all. Thank you for your attention.

The Benefits and Challenges of Implementing DevSecOps

Ethereum was one of the first disruptive innovations to the financial ecosystem with the development of infrastructure that enabled censorship-resistant smart contracts. It afforded us many improvements over how things are done in traditional finance. And in a relatively short period of time, it’s become the blockchain network by market capitalization. But despite creating a new market and value network, institutional involvement still revolves around a predominantly TradFi stack. When we look at custody and clearing, for example, institutions involved in trading crypto are largely reliant on TradFi infrastructure models. So far, we’ve largely failed to disrupt traditional financial infrastructure beyond the settlement layer. second-largest So what will it take to truly disrupt legacy infrastructure? The Problem with Incumbents The ethos of blockchain and DeFi is to build systems that are decentralized, censorship-resistant, and transparent, which inherently challenges the status quo of traditional financial institutions and their centralized, opaque nature. However, it's crucial to understand the reasons why there has been a compromise in the first place. For one, traditional financial institutions are deeply entrenched, not just in the economy, but also in society's norms and laws. It's hard to change systems that are so deeply rooted, and it's even more challenging to encourage people to adopt new systems. Moreover, traditional financial institutions possess a vast amount of resources and influence, making them formidable entities to challenge. They’re also backed by governments and are embedded in regulatory frameworks, which can act as barriers to the adoption of blockchain technology in the mainstream financial sector. Existing systems and structures tend to strongly resist radical changes and new innovations often get watered down to fit within these existing paths. This is exactly what’s happening today - institutions are being pressured by investors to involve themselves in the digital asset space, but they’re still heavily reliant on web2 frameworks. Overcoming Path Dependency Despite blockchain’s disruptive potential, whilst trying to onboard traditional financial institutions, we've often mirrored the legacy infrastructure which we aim to supersede. For example, if we compare Ethereum to legacy financial infrastructure, it might be considered the modern global financial settlement layer. But what about other layers of financial services infrastructure like custody, trading, and clearing? In traditional financial services, these layers are typically disintermediated, and for good reasons. But for some reason, as we’ve developed these systems for the cryptocurrency market, we’ve either built bundled service offerings or compromised on the efficacy of these models. Custody has been developed at two extremes: i) completely centralized and often resulting in misappropriation of funds; and ii) completely decentralized resulting in a horrible user experience that stifles general adoption. Trading has faced similar challenges with polar extremes of either CEXs or DEXs. The former being problematic for the same reason as centralized custody solutions and the latter being a terrible experience all round. The saving grace is that we’re now seeing decentralized exchanges transition to on-chain order book models. Clearing presents a whole ‘nother problem entirely. Existing solutions like Copper’s ClearLoop have somehow developed even worse models than traditional finance. The problem is that incumbent forces often favor a more cautious, incremental approach over a full-scale transformation, which leads to a dilution of the radical potential of such innovations and is what we’ve seen with the above models. There is still great potential for blockchain to completely disrupt traditional financial services infrastructure. However, in order to realise its disruptive potential we need to be able to reimagine new frameworks that retain the utility of traditional systems while embracing the ethos and technology of Web 3.0. A New Framework for Custody and Clearing Custody and wallet infrastructure has come a long way since the early days of keeping Bitcoin on external hard drives or penciling seed phrases on a random sheet of paper. Over the course of the last decade, we’ve been able to deliver enterprise-grade custodial solutions to everyone from bulge-bracket financial institutions to retail investors. And competition in the wallet space has forced providers to continually deliver new innovations and improved user experiences. That said, there is still room for innovation and we can only hope to be part of the trend of building better, more secure wallet infrastructure. However, these developments in digital asset custody are meaningless to institutional investors whilst the majority of liquidity sits on centralised exchanges that require custody of user’s assets. The dominance of centralized exchanges in the cryptocurrency industry provides deep liquidity but also exposes users to custodial risks, as evidenced by infamous collapses such as those of , , and . While decentralized exchanges like UniSwap mitigate counterparty risks, they face liquidity limitations and remain disconnected from traditional finance, limiting their appeal to sophisticated players. To fully integrate the cryptocurrency industry into the global financial landscape, it is essential to adopt the practice of separating exchanges from custody and settlement layers, a well-established approach in traditional finance. FTX Mt. Gox QuadrigaCX Existing solutions, such as off-exchange collateral management and settlement systems, offer improvements over traditional models but still fall short in areas like leverage, trading efficiencies, and counterparty risks. Despite dealing with Web3 assets, these solutions hinder the full implementation of Web3 technology and provide a clearing solution that is inferior to Web2 clearing solutions. To realize the full disruptive potential of blockchain technology we can’t simply replicate the very legacy architecture we sought to replace. This means reimagining custody and clearing solutions for a blockchain-based global financial system. And here at , that’s exactly what we intend to do. Krayon The lead image for this article was generated by via the prompt "global finance" HackerNoon's AI Image Generator

Reimagining the Global Financial Infrastructure

Reimaginar la infraestructura financiera global

Réinventer l’infrastructure financière mondiale

वैश्विक वित्तीय अवसंरचना की पुनर्कल्पना

グローバル金融インフラの再考

Reimaginando a infraestrutura financeira global

Hình dung lại cơ sở hạ tầng tài chính toàn cầu

重新构想全球金融基础设施

POLAR SECURITY

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POLAR SECURITY

polar.security

11-50 employees

Since 2021

COMPANY RANKING

POLAR SECURITY

EVERGREEN INDEX #8422

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