Stuart Parkin awarded prestigious Millennium technology prize

British scientist Prof Stuart Parkin has won the 2014 Millennium technology prize worth €1m (£824,400) for research that has led to a phenomenal increase in the storage capacity of digital devices and heralded the era of cloud computing. The Watford-born physicist told the Guardian he planned to use the money to buy a house in Halle, Germany, but was aiming

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CoinSummit SF Roundup with 40+ Videos

Money & Tech attended the sold-out CoinSummit event in San Francisco on March 25th & 26th, and interviewed over 20 industry leaders and innovators. Here is a comprehensive list of those interviews, plus videos of all the event’s panels, fireside chats, and startup showcase pitches. This is your one-stop source for all things CoinSummit San Francisco. Monday 3/24 Pre-CoinSummit: Pamir

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Bitcoin Could Strengthen The World Economy If Washington Doesn’t Destroy It

“You can avoid reality, but you cannot avoid the consequences of avoiding reality.” Ayn Rand Sometimes our greatest strengths are also our greatest weaknesses. In the case of Bitcoin, the decentralized nature of the network plays to both sides, creating great freedoms, which in turn create great opportunities for rogue players. If you’re one of the “76 percenters” who don’t

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Preventing the Next MtGox – Multi-Sig Readies Bitcoin for Primetime

MtGox will be remembered in the archives of Bitcoin much like Pets.com and Webvan are memorialized in the annals of Internet lore. Conceived in 2007, MtGox was an abbreviation for “Magic: The Gathering Online Exchange”. That’s right. MtGox was created so users could trade Magic cards like one trades stocks, only later being repurposed to the Bitcoin exchange of recent

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25 things you might not know about the web on its 25th birthday

1 The importance of "permissionless innovation" The thing that is most extraordinary about the internet is the way it enables permissionless innovation. This stems from two epoch-making design decisions made by its creators in the early 1970s: that there would be no central ownership or control; and that the network would not be optimised for any particular application: all it

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