Lifeboat Foundation

Summary: Cryonics firm CryoGen makes a radical new proposal to freeze people before death, known as ‘mercy freezing.’ Customers will pay for the Cryopreservation: Also called cryobanking. The process of cooling and storing cells, tissues, or organs at very low or freezing temperatures to save them for future use. Used in cryonics and the storage of reproductive cells in fertility treatments. [Source – NCI].” class=” glossaryLink “cryopreservation using a new blockchain based cryptocurrency called the CRYO. [This article first appeared on LongevityFacts.com. Author: Brady Hartman. Follow us on Reddit | Google+ | Facebook. ]

Cryonics is legally allowed only after death, and during this time the body starts to decay. Cryopreservation should ideally be performed within a few minutes of the patient’s demise. This happens less than half the time for current cryonics clients, and their tissues start turning to mush before freezing.

A Russian-Swiss company named CryoGen plans to solve that problem by freezing people before death, calling it ‘mercy freezing.’ CryoGen is building a cryonics lab in Switzerland, a country where euthanasia is legal. According to a white paper on CryoGen’s website.

Continue reading “Company Offers to Freeze Your Body Before Death” »

The user, “devops199”, triggered the flaw apparently by accident. When they realised what they had done, they attempted to undo the damage by deleting the code which had transferred ownership of the funds. Rather than returning the money, however, that simply locked all the funds in those multisignature wallets permanently, with no way to access them.

“This means that currently no funds can be moved out of the multi-sig wallets,” Parity says in a security advisory.

Effectively, a user accidentally stole hundreds of wallets simultaneously, and then set them on fire in a panic while trying to give them back.

Continue reading “‘$300M in Cryptocurrency’ Accidentally Lost Forever Due to Bug” »

What makes a better Internet possible? At Orchid Labs, our goal is to ensure that every person on Earth can have access to an open, decentralized, and uncensored Internet. We believe a better Internet is one that isn’t controlled by the few, but open to all.

Currently, Internet access for the majority of the people on Earth is censored and monitored. Because of this, many Internet users are blocked from freely communicating, collaborating, and accessing information. The current centralized system, which limits our ability to communicate and learn — while also harvesting and selling our personal data — is far from the full potential of what the internet could be and strays from the original intention of its creators.

That’s why we’ve launched the Orchid Protocol, an open-source overlay network that uses excess bandwidth on top of the existing Internet to ensure that people — no matter where they live on our planet — can have unrestricted access to information and collaboration. Orchid’s protocol combines surplus bandwidth, state-of-the-art encryption, and a decentralized infrastructure enabling any Internet user to participate and exchange bandwidth for payment in peer-to-peer transactions using Orchid tokens on the Ethereum blockchain.

“If one blockchain were to become dominant, then the others may well fade away.” #singularityuniversity

Bitcoin, the first practical implementation of blockchain technology, was the buying opportunity of all time. The price of bitcoin has risen faster than any other asset in history, including tulips at the height of the tulip bubble.

Continue reading “Building the Blockchain to End All Blockchains” »

How many individuals own at least 1 BTC?

I was asked this question today at Quora, a popular Q&A blog covering a variety of technical and economic disciplines. Under my alias “Ellery”, I am the most viewed author on Bitcoin and the blockchain.

While this question may sound like a good factoid for a trivia game, it is directly related to something with with far reaching impact on your pocketbook and your future. It goes to the heart of a debate between warring factions: In the 2nd half of this answer, I address the eternal question:

Is Bitcoin a pyramid scheme? Or are we still early on the adoption curve?

Continue reading “What can we learn from small fraction of people who own 1 BTC” »

IMF head Christine Lagarde said “it may not be wise to dismiss virtual currencies” like bitcoin and ethereum at bank of england conference.”=”

The state of Illinois is testing a new way for people to prove their identities, albeit without the need to request their birth certificates and wait weeks for it to arrive in the mail. The state aims to give citizens more control of their data, as well as provide solace in knowing it’s more secure than ever.

To accomplish this task, the state is turning to the same blockchain technology that companies like Bitcoin and Ethereum utilize for their own networks. In August, the Illinois Blockchain Initiative — a collaboration launched by the state to explore blockchain and distributed ledger technology — announced it’s partnering with self-sovereign identity solutions firm Evernym to create an online ledger that’s only accessible to the owner of the ID and any other individuals they’re granted access. It’s very similar to how the technology could be used to track and share information between hospitals.

Continue reading “Illinois Is Experimenting with Blockchains to Replace Physical Birth Certificates” »

Bitcoin was hit by a double whammy this week. On Tuesday, Jamie Dimon of JP Morgan declared that Bitcoin is a fraud that will “blow up”. Then, just this morning, a Bitcoin exchange in China announced that it would shut its doors in response to verbal pressure from regulators and an uncertain regulatory environment.

Don’t ya just love it when bad news breaks on Bitcoin? I sure do! It creates a buying opportunity. After all, just look at what happened after the last five bouts of bad news: _{[updated Oct 2017—Click to reverse colors & enlarge]}

Continue reading “Bad News is Good News for Bitcoin Investors” »

For the unwary, ICOs represent an even bigger risk, as uncertainty about how they should be regulated means most lack even basic protection of securities laws that governed the dotcom IPOs. As pure digital events, the online fundraisings are also exposed to familiar internet frauds, from phishing scams used to rip off the unwary to the hacking of the underlying software underpinning the new ventures — the fate that befell the first prominent ICO last year, for a company called the DAO.

Flood of initial coin offerings is aimed at bypassing Google and Amazon, but sceptics fear a bubble.