Thursday, January 5, 2023

Is the Idea of Bitcoin influenced by DigiCash?


DigiCash was a company founded in the 1990s by computer scientist and cryptographer David Chaum. It developed a form of electronic currency called "ecash" that used cryptography to enable secure and anonymous transactions. Ecash was intended to be a decentralized and digital alternative to traditional fiat currency, and it was used by a number of online merchants during the 1990s. However, DigiCash faced financial difficulties and eventually went bankrupt, and ecash was not widely adopted.

Despite the failure of DigiCash, the technology and ideas behind ecash had a lasting impact on the development of digital currency. In particular, the concept of using cryptography to secure and verify transactions played a key role in the creation of Bitcoin and other cryptocurrencies. Bitcoin was first described in a white paper published in 2008 by an anonymous individual or group of individuals known as Satoshi Nakamoto, and it was released as open-source software in 2009. Bitcoin is a decentralized digital currency that uses cryptography and a distributed ledger called the blockchain to enable secure and transparent transactions. It has since become the most well-known and widely used cryptocurrency, with a market capitalization of over $1 trillion.

So, while Bitcoin was not directly influenced by DigiCash, the idea of using cryptography and a decentralized system to create a digital currency was influenced by the work of David Chaum and the development of ecash by DigiCash.

There are several key differences between Bitcoin and DigiCash:

  1. Development and history: Bitcoin was developed in 2009 by an anonymous individual or group of individuals known as Satoshi Nakamoto, while DigiCash was a company founded in the 1990s by computer scientist David Chaum.

  2. Technology: Bitcoin and DigiCash both use cryptography to secure transactions, but they use different technologies to do so. Bitcoin uses a decentralized ledger called the blockchain to record transactions, while DigiCash used a centralized system called "blinding" to secure transactions.

  3. Adoption and acceptance: Bitcoin has been much more widely adopted than DigiCash. While DigiCash was used by a number of online merchants in the 1990s, it was not widely accepted and eventually went bankrupt. In contrast, Bitcoin has been adopted by a growing number of businesses and individuals around the world and has a market capitalization of over $300 billion till date.

  4. Legal status: The legal status of Bitcoin and DigiCash has differed in various jurisdictions. In some countries, Bitcoin is considered a legal form of currency, while in others it is not. The legal status of DigiCash varied depending on the country and the specific use case, but it generally faced regulatory challenges due to its decentralized nature and use of cryptography.

Thursday, July 30, 2020

Best VPN for PUBG Mobile Asia Server

Asalam-u-Alaikum guys as you know that pubg mobile is temporarily banned in pakistan by PTA(Pakistan Telecomunication Authority). People are searching for best vpn with low ping and smooth gameplay.So i am here to give you a best vpn but its only for mobile players and i will try my best to find a best vpn like this for emulator also. 1.1.1.1 VPN is the best vpn for pubg mobile.This vpn will work good in asia server with 120ms to 150ms ping or sometimes 180ms but it will be below 200ms.Thanks for reading my post and give a like.

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Friday, March 28, 2014

Upwork Cover Letter Sample for Facebook Page Management

Upwork Cover Letter Sample for Facebook Page Management
This cover letter is a great example if you want to apply for a virtual assistant to manage Facebook page. This cover letter is just a sample, and you can modify it as per your requirements. Sometime my sample cover letter gets long (just with the aim to provide a sample), but when writing your real cover letter, try to keep it short, as the client don’t like to read long cover letters.


Dear hiring manager!
You job post caught my attention where you required the skills of virtual assistant to manage a Facebook page. Let me tell you that I have have managed few Facebook pages in the past and I have satisfied the clients, with my skills. I have good experience in Facebook page management. Below are some of the important factors that I learnt about and hopefully, these factors might be answers to the questions that might arise in your mind to ask me in your reply to this message.

  • From my experience I have learned that 3 to 5 updates per week are enough amount to maintain the presence of post on the user’s wall.
  • If the company who own’s the page has some new product(s) to launch or some promotion is running then update the Facebook page more often, just so long as the content is of interest to the  page’s followers.
  • A good advice is never to update the Facebook page more than 5 times a day, otherwise you are wandering into a spam territory.
  • Timing is also an important factor to consider before posting anything.
  • I have noticed that images are the most visited part of a Facebook page.
  • Don’t promote your brand and company, Facebook is a social platform and you need to be sociable and interact with your page’s followers, not just push content at them.
  • Talk to the Facebook page’s followers and show interest in their comments.
  • Respond to followers’ comments regularly and quickly, this will make them engage with your page.
  • Avoid posting press releases.


These are the skills I have about managing Facebook page, and you can also review my portfolio and profile. Review the feedbacks of my past clients and you will come to know about my skills. I am mostly available through Skype, where we can discuss in an efficient way.

Regards: (Your Name Here...)

That’s the end of cover letter, and it can be improved more, and you can also suggest improvements in the comments, so that I can update it.

Thanks for ready my sample cover letter, and don’t forget to post comments.

Friday, March 21, 2014

Upwork Cover Letter Sample for Wordpress Development

Welcome to my blog. I got a lot of queries about cover letter for Upwork, so I decided to provide this sample to my blog visitors. Today I am going to share an Upwork sample cover letter for Wordpress. Please read it carefully and edit this cover letter as per your requirements.

Dear Hiring Manager,

Thank you for such a great opportunity.
Your job posting has caught my attention requiring the skills of Wordpress development and I am keenly considering your job post. I have excellent experience in Wordpress back-end development and plugins development. I have developed a number of complicated wordpress plugins and won the trust of my clients. Also, I have worked on a number of built-in wordpress plugins and can manage it well. I believe my abilities would be perfect for your venture. I can finish this job within the necessary time frame. I have years of experience in Wordpress and can provide you my past sample work as well. I will be serving you with all my hard work and skills.

Moving ahead, I can work for 30 hours/week for your job, and my everyday time are flexible. I am very energized to provide my solutions for your job. You can get in touch with me immediately to talk about this place further.

I am mostly on the internet on Google messenger and skype. We can talk there in a fast way, if you are fascinated. I hope you'd give me this opportunity.

Regards,

Muhammad Sohail.

Thanks for ready my cover letter, and don't forget to leave a comment below and keep in touch with me. I will posting more freelancing help to my blog.

Wednesday, March 19, 2014

What is Upwork Cover Letter

Today we will be discussing oDesk cover letters when they should be used and what to include in them. An oDesk cover letter is a short letter two to three paragraphs which accompanies a resume, curriculum vitae or application. The cover letter serves as an introduction to a potential employer and has the potential of adding to the limit amount of time given to the reading about application materials. A cover letter serves several purposes. In addition to introduction to a potential employer, it indicates an interest in the position of employment by responding to a known job openin. The cover letter has very little time or space to engage the reader so focus on visual elements in content is very important. Visually it should be formatted to appear consistent with any other application material. Additionally, the content of letter should express the most important information as really as possible.


Almost all positions in oDesk will require cover letter. The cover letter serves as a valuable tool to present your voice while submitting material. An oDesk cover letter typically includes:
  • Objective
  • Profile,
  • Call to action
and ways of quick communication. You make sure you can respond to any contact within 24 hours, or as quickly as possible, in order to win the job quickly.


Objective:
Objective is a short sentence describing the position of interest. It should be included in the introduction to the letter explaining the reason for writing to potential employer, the position you are interested in and the method in which you found about the position opening.


Profile:
Profile is a short statement of skills and achievement which encourages for the reading. It should be presented in the form of a short paragraph with a goal of encouraging the potential employer to read additional materials.


Call to Action:

Finally the call to action is the conclusion of letter. Let the potential employer know that you plan to follow up the phone call or email message as soon as possible, or you can follow up immediately, which is better to do.

I have posted sample cover letter for almost all positions in oDesk, which you can browse through in my blog. Some of the popular oDesk cover letters are below.