Things I read last week… (WB 14 Nov 2022)
proof of solvency
“Every time a major centralized exchange blows up, a common question that comes up is whether or not we can use cryptographic techniques to solve the problem. Rather than relying solely on "fiat" methods like government licenses, auditors and examining the corporate governance and the backgrounds of the individuals running the exchange, exchanges could create cryptographic proofs that show that the funds they hold on-chain are enough to cover their liabilities to their users.”
– Vitalik on Proof of solvency for CEXs.
YC’s Carolynn Levy on inventing the SAFE.
Google’s Infinite Nature: Generating 3D flythroughs from still photos.
“Our machines have crossed a threshold. All our lives, we have been reassured that computers were incapable of being truly creative. Yet, suddenly, millions of people are now using a new breed of AIs to generate stunning, never-before-seen pictures.”
– WIRED on generative AI.
Understanding the entropy of the Universe.
Chinese researchers discover quantum AND gate.
“For despite the material’s upsides—a bandgap wider than competing silicon carbide and gallium nitride (GaN), excellent heat conduction, and the ability to operate at much higher temperatures and voltages than silicon—diamond’s downsides cloud much of the material’s sparkle.”
– Researchers in Japan are developing diamond Transistors.