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FACEBOOK CONFIRMS TO LAUNCH ITS NEW CRYPTOCURRENCY ‘LIBRA’ IN 2020

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Facebook has finally confirmed today on 18th June 2019 about its much-anticipated launch of cryptocurrency ‘Libra’ in the year of 2020. The New Year will see the first mainstream cryptocurrency by Facebook that is backed by a group of assets. The head of the Libra project is David Marcus, who is also the vice president of Facebook Messenger.

The motive behind Libra’s launch

The initial aim of the currency is to make it a mode of payment in locations that do not have proper access to government banks and gradually developing it to purchase and use in anything just like traditional currencies.

Associations formed for Libra

Facebook currently has formed a major association to look into the progress and development of Libra with 27 external partners. These partners include Non-profit organizations, venture capitals, tech service providers, telecommunication networks, and payment gateways like- Paypal, MasterCard, Coinbase, Stripe, eBay, Visa, and even Uber and Spotify.

The main reason behind the inclusion of so many authorities or Libra is the 10 million contributions from each group for the Libra Reserve to make sure its underlying value is real-time assets that current cryptocurrencies don’t have.

Facebook’s Subsidiary Callibra

Along with the announcement of Libra’s official launch, Facebook has also announced its new subsidiary known as Callibra which will be in effect simultaneously. It will be serving the purpose of digital wallet in the form of an application to let you send and receive Libra instantly through smartphones with low transaction fees. It will also be an in-built facility within Messenger and Whatsapp to make payments through both platforms.

The purpose of introducing Callibra is to make it Facebook’s banking support and to encourage more people to use Libra. Initially, Callibra will be used for making basic online transactions and later on; it plans to be the best alternative for cash with bill payments and local transport pass facilities.

Libra Governance

Unlike other cryptocurrencies like Bitcoin and Altcoins who don’t have any regulating authority, things will be different in the case of Libra. The currency will be following the same Blockchain Technology but, it will be under the supervision of an Independent Association. So, there are no chances of price volatility and the risk factors which you often face in other crypto coins.

How Libra will work

If you cash in your traditional currency from the associated payment gateways of Libra, you will get an equivalent amount of Libra for your deposited fiat currency value. However, if you cash in from external sources, in that case, you won’t get Libra cryptocurrency but the same amount will be given to you in traditional fiat currency.

Whenever you do transactions with Libra, those get written down to its public online ledger. It uses the Byzantine fault Tolerance system to analyze if the transaction is suitable to get executed and then the nodes perform specific calculations on the public online ledger system to successfully execute each transaction. It can execute 1000 transactions per second which makes it extremely faster.

In case if the Libra Blockchain gets victimized by threats, the transactions get halted in that case unless the amount of damage is discovered and resolved.

Final Words

From the white pager documentation recently released by Facebook about Libra, it is clear that if things go well as planned, it has the full potential to make the global financial system digitalized which many people were expecting from the cryptocurrencies.

 

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Tesla Takes The Liberty Of Joking: This Voice Command Backfires

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Tesla drivers have come across a voice command of the rather unusual kind: Despite the command that takes getting used to, the function performed with it makes perfect sense. However, the nice gimmick has one drawback.

“Open Butthole”: Tesla reacts to unusual voice commands with a practical function

That should be a nice surprise for many Tesla drivers: the electric cars apparently have an additional, hidden function that can be activated by voice command. If you try it out, you will quickly realize that the software developers were probably having fun in the neck. Resourceful Tesla fans have come across a so-called “Easter Egg” in the last few days – in this case, a function is hidden in the software code that Tesla does not give a big deal on: With the voice command “Open Butthole” the cover of the charging port on the back of the Tesla can be opened.

Since the special function was discovered, testing has been done – with success. It is currently not known whether a German equivalent is planned for this order. But that the owner of a Tesla has the cover also close again: simply give the electric car the command “Close Butthole”.

Voice command with a wink: Tesla does not lose its sense of humour

Whether you personally like the humour behind the idea or not, there seems to be a small problem with the “open butthole” function: For example, some users on Twitter report that the trunk is opened instead of on the command. At Teslarati it is assumed that the function has been successfully implemented in several Tesla models. However, it has probably not yet been decided to assign them to a fixed function in a standardized manner.

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Among all the name fiasco HBO is looking to end the HBO GO and make it back to HBO

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Finally, what the public has been waiting for is what HBO is willing to give them! With all the name confusion going around (Go, No GO, What to Do, How to Go, and other ironical jokes being made), HBO has decided to call the bluff. The channel and studio major is going to make sure to rename its services under the flagship of HBO GO and bring everything back under HBO, while the only alternate one remaining is the streaming service of it, the HBO MAX.

The whole thing has been equally confusing for the studio and the producers as well. On multiple occasions, there have been fragments where even the channel officials end up mixing the two services. Meanwhile, with utmost honesty, there isn’t much that separated the services either. The HBO GO was basically the first initiative of the giant to provide the services to its consumers “on the go”. Hence, the app and the service did so by providing streaming and also mobile services for the channel.

So what now?

Literally nothing! It will hardly make a difference to the users if HBO GO exists or not anymore. And the reason also is HBO itself. The firm has now launched HBO max, a digital platform to encompass all of HBO’s premium stuff and extend its further reach into the streaming business.

Hence, the sole purpose with which HBO GO was launched in the first place now becomes redundant. The officials have clarified it that the need to spread the HBO Max word of mouth is paramount and that also includes eliminating confusion from the mind of the consumers and viewers.

When is the fateful occurrence pending?

Well, many have been waiting for the thing to end at once, haven’t we? However, it is still a bit away. HBO has announced to terminate HBO GO by the end of July. That gives them a good run of time to phase in the HBO Ma and make the users understand that HBO Ma is the modus operandi to move towards the future. Hence, the decision needs a bit more patience before the celebrations of ending the confusion finally begin!

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The Secret Behind Trending News: Everything You Must Know!

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You must be thinking about how Google features certain articles as trending news. If you have a website of your own, you must also be thinking as to what is the reason behind your content not being on the trending news list. Well, one of the many reasons is the lack of authentic content sources.

Now, don’t get me wrong when I say that you lack authentic content sources. It is quite a genuine problem as you might not have contact with news that you could rely on as evidence for original content. The news that can be backed up when questioned about its authenticity.

Hence, unfortunately, you might have slight difficulties in getting your news on the topmost pages of Google!

A Silver Lining!

However, there is a silver lining to this. You don’t have to be a journalist to get your articles to be a part of the trending news. Over the years, Google has gone from being strictly about news to presenting content on the newsworthy articles or rather, trending news articles.

Now, what’s a newsworthy article? To put it simply, these are those articles that have something new and original to offer. And it doesn’t always have to come from news media houses.

Articles That Make it To Trending News List:

Any news that would make the readers lookup for your article can be a newsworthy article. Let’s take Harry Potter for example. Harry Potter is a series of fantasy-based books and movies. They wouldn’t make it to the list when it comes to reporting news like say, political affairs, or scientific discoveries.

However, if you write an article about, say, ‘Facts you didn’t know about the Harry Potter characters’. And if you can come up with an article that is original and backed up by proof of its originality, then boom! You have an article showing up on the first page of Google!

Here are some tips that could get you to the most-wanted list on Google. And by most-wanted I mean most-wanted news articles.

Originality is Everything!

Originality is the only way for you to ensure your article is trending on Google and other websites. Now, it is very common for you to be tempted to copy content from other websites and present it as “100% original content”. However, plagiarism, if caught, might get you into some serious trouble.

Taking inspiration from other articles to create original content is alright. However, outright copy-pasting content from other websites is highly frowned upon.

Plagiarism is so serious a topic that it has landed the biggest of websites into some troubled waters. It can also lead to websites with original content to filing a case of copyright infringement against you!

Plagiarism is a big no-no if you want to be on the trending list!

Load It With Hashtags or Meta-tags:

Hashtags have taken over the world today. Let’s take Instagram, for instance. The entire app runs on hashtags that help you reach your target audience. So, if you create hashtags or meta-tags that are relevant to your articles, then your articles will reach the viewers who would love to read articles of their interest.

Take an article about gaming for example. If your target audience is young people being a fan of a game you’re writing on, then your meta-tags will be something on the lines of writing meta-tags or hashtags relevant to the game.

This will also create a reach for your article and who knows! You might just get your article viral on the Internet!

The Keyword is the Key:

There is a reason why keywords are called just that. Do you ever come across articles on the first page of Google by just typing one word? Well, that one word is a keyword.

Your content has to be rich with keywords. And not just the body of the article, but the title too must have the keywords that the readers will search for when they want to search a recipe for butter chicken for that matter!

They just have to type ‘butter chicken’ and your website will pop up on Google’s first page.

Timing is Everything for Trending News Articles!

And lastly and most importantly, timing is everything. If you are the first person to get your hands on something new that no one has ever seen or heard about, then your article will go viral given that you are the origin of the new information.

You also have to keep in mind the above pointers to put your articles in the Trending list. And the credit of viral content will go to your website!

On the other hand, if you end up writing content that other websites have already written on, then you will not get credit for creating original or ‘viral’ content.

And that’s it! These key points are all that it takes to make your news articles viral!

I hope this detailed article will help you next time you want to write something new on your website!

Do let us know in the comments below if this content was helpful to you or not.

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