Bitcoin is a worldwide cryptocurrency and digital payment system called the first decentralized digital currency, as the system works without a central repository or single administrator. It was invented by an unknown person or group of people under the name Satoshi Nakamoto and released as open-source software in 2009. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain.
Bitcoins are created as a reward for a process known as mining. They can be exchanged for other currencies, products, and services. As of February 2015, over 100,000 merchants and vendors accepted bitcoin as payment. Bitcoin can also be held as an investment. According to research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users using a cryptocurrency wallet, most of them using bitcoin.
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In physics, the exchange interaction (with an exchange energy, and exchange term) is a quantum mechanical effect that only occurs between identical particles. Despite sometimes being called an exchange force in analogy to classical force, it is not a true force, as it lacks a force carrier.
The effect is due to the wave function of indistinguishable particles being subject to exchange symmetry, that is, either remaining unchanged (symmetric) or changing its sign (antisymmetric) when two particles are exchanged. Both bosons and fermions can experience the exchange interaction. For fermions, it is sometimes called Pauli repulsion and related to the Pauli exclusion principle. For bosons, the exchange interaction takes the form of an effective attraction that causes identical particles to be found closer together, as in Bose–Einstein condensation.
The exchange interaction alters the expectation value of the distance when the wave functions of two or more indistinguishable particles overlap. It increases (for fermions) or decreases (for bosons) the expectation value of the distance between identical particles (as compared to distinguishable particles). Among other consequences, the exchange interaction is responsible for ferromagnetism and for the volume of matter. It has no classical analogue.
Exchange interaction effects were discovered independently by physicists Werner Heisenberg and Paul Dirac in 1926.
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Nathaniel Popper (born in 1979 in Chevy Chase, Maryland) is a journalist for The New York Times covering finance and technology from San Francisco. He previously worked for the Los Angeles Times, the Forward and Let’s Go Travel Guides. He graduated from Harvard University in 2002 after studying history and literature.
Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires Trying to Reinvent Money is the only book he has written, but he has published many articles. The book, a history of Bitcoin and virtual currencies, was a finalist for the 2015 Financial Times Business Book of the Year Award. He first became interested in Bitcoin when he wrote an article that revealed how the Winklevoss twins, Cameron and Tyler Winklevoss, had amassed a large stockpile of Bitcoins. He then spent much of his time researching the origins of Bitcoin, which led him to write Digital Gold. The book was published in the United States by HarperCollins and in the United Kingdom by Penguin.
While based in New York, Popper was responsible for covering Wall Street banks like Goldman Sachs, JPMorgan Chase and Morgan Stanley. After moving to the Bay Area, he took over responsibility for writing about financial technology firms like Social Finance, Credit Karma and Square, along with continuing coverage of Bitcoin, Ethereum and the blockchain. Popper lives in Oakland with his wife and two sons.
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F.D.C. Willard (ca. 1968–1982) was the pen name of a Siamese cat named Chester, who internationally published under this name on low temperature physics in scientific journals, once as a co-author and another time as the sole author.
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Roger Ver (born in February 1979) is a Kittitian/Nevisian early investor in bitcoin related startups. He was formerly an American citizen. He was born and lived in Silicon Valley. He now resides in Japan. He has been a prominent supporter of bitcoin adoption and sees bitcoin as a means to promote economic freedom. He identifies as a libertarian, an anarcho-capitalist, peace advocate and advocates for individualism and voluntaryism.
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Online shopping is a form of electronic commerce which allows consumers to directly buy goods or services from a seller over the Internet using a web browser. Consumers find a product of interest by visiting the website of the retailer directly or by searching among alternative vendors using a shopping search engine, which displays the same product’s availability and pricing at different e-retailers. As of 2016, customers can shop online using a range of different computers and devices, including desktop computers, laptops, tablet computers and smartphones.
An online shop evokes the physical analogy of buying products or services at a regular “bricks-and-mortar” retailer or shopping center; the process is called business-to-consumer (B2C) online shopping. When an online store is set up to enable businesses to buy from another businesses, the process is called business-to-business (B2B) online shopping. A typical online store enables the customer to browse the firm’s range of products and services, view photos or images of the products, along with information about the product specifications, features and prices.
Online stores typically enable shoppers to use “search” features to find specific models, brands or items. Online customers must have access to the Internet and a valid method of payment in order to complete a transaction, such as a credit card, an Interac-enabled debit card, or a service such as PayPal. For physical products (e.g., paperback books or clothes), the e-tailer ships the products to the customer; for digital products, such as digital audio files of songs or software, the e-tailer typically sends the file to the customer over the Internet. The largest of these online retailing corporations are Alibaba, Amazon.com, and eBay.
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V5 is a family of telephone network protocols defined by ETSI which allow communications between the telephone exchange, also known in the specifications as the local exchange (LE), and the local loop. With potentially thousands of subscribers connected to the LE there is the problem of physically managing thousands of wires out to the local subscribers (and the costs associated with that). Prior to the specification of V5 the manufacturers of exchange equipment had proprietary solutions to the problem. These solutions did not inter-operate and meant being tied into a single manufacturer’s method at each exchange.
V5 provided a standard set of protocols from the subscriber to the LE. The AN (or Access Network) was defined as a reference point. Signalling between this point and the LE was standardised and therefore allowed a multiple vendor solution, provided the specifications were followed. This resulted in a single link (or in the case of V5.2 multiple links) from the AN to the LE, reducing the need for many lines along this point (or more likely no need for a proprietary solution to manage the single link). The final link to the local loop remained the same with digital signalling (ISDN) and analogue signalling for basic telephony (also known as POTS in the industry).
The protocols are based on the principle of common-channel signaling where message-based signalling for all subscribers uses the same signalling channel(s) rather than separate channels existing for different subscribers.
V5 comes in two forms:
V5.1 (ETS 300 324-1) in which there is a 1 to 1 correspondence between subscriber lines and bearer channels in the aggregate link to the exchange. A V5.1 interface relates to a single aggregate E1 (2 Mbit/s) link between a multiplexer and an exchange.
V5.2 (ETS 300 347-1) which provides for concentration where there are not enough bearer channels in the aggregate link(s) to accommodate all subscribers at the same time. A single V5.2 interface can control up to 16 E1 links at once and can include protection of the signalling channels.
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CeX Ltd. is a second hand goods chain based in the United Kingdom specialising in technology, computing and video games. It was established in 1992 in London, and has since grown to have more than 350 stores in the UK and over 100 abroad.
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Eve Online (stylised EVE Online) is a space-based, persistent world massively multiplayer online role-playing game (MMORPG) developed and published by CCP Games. Players of Eve Online can participate in a number of in-game professions and activities, including mining, piracy, manufacturing, trading, exploration, and combat (both player versus environment and player versus player). The game contains a total of 7,800 star systems that can be visited by players.
The game is renowned for its scale and complexity with regards to player interactions — in its single-shard game world, players engage in unscripted economic competition, warfare, and political schemes with other players. The Bloodbath of B-R5RB, a battle involving thousands of players in a single star system, took 21 hours and was recognized as one of the largest and most expensive battles in gaming history. Eve Online was exhibited at the Museum of Modern Art with a video including the historical events and accomplishments of the playerbase.
Eve Online was released in North America and Europe in May 2003. It was published from May to December 2003 by Simon & Schuster Interactive, after which CCP purchased the rights and began to self-publish via a digital distribution scheme. On January 22, 2008, it was announced that Eve Online would be distributed via Steam. On March 10, 2009, the game was again made available in boxed form in stores, released by Atari. In February 2013, Eve Online reached over 500,000 subscribers. On November 11, 2016, Eve Online added a limited free to play version.
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Boise Cascade Company (NYSE: BCC), which uses the trade name Boise Cascade, is an American manufacturer and distributor of lumber and building materials headquartered in Boise, Idaho.
Boise Cascade Wood Products manufactures plywood, engineered wood products, lumber, and particleboard and supplies a broad line of wood products and building materials through Boise Cascade Building Materials Distribution’s 33 distribution locations. A public company, it is traded on the New York Stock Exchange under the symbol BCC.
The Boise Cascade logo, designed in the 1960s, depicts a pine tree inside the containing circle. The company is run by Tom Corrick, formerly Boise Cascade’s executive vice president in charge of Wood Products.
The company is not affiliated with the Canadian paper company Cascades.