Topic: Numismatics
You are looking at all articles with the topic "Numismatics". We found 26 matches.
Hint:
To view all topics, click here. Too see the most popular topics, click here instead.
π Zero Rupee Note
A zero-rupee note is a banknote imitation issued in India as a means of helping to fight systemic political corruption. The notes are "paid" in protest by angry citizens to government functionaries who solicit bribes in return for services which are supposed to be free. Zero rupee notes, which are made to resemble the regular 50 rupee banknote of India, are the creation of a non-governmental organization known as 5th Pillar which has, since their inception in 2007, distributed over 2.5 million notes as of August 2014. The notes remain in current use and thousands of notes are distributed every month.
Discussed on
- "Zero Rupee Note" | 2019-06-03 | 771 Upvotes 235 Comments
π Gridcoin: An open source cryptocurrency that rewards work performed on the BOINC
Gridcoin (ticker: GRC) is an open source cryptocurrency which securely rewards volunteer computing performed on the BOINC, a distributed computing platform that is home to over 30 science projects spanning a range of scientific disciplines.
Gridcoin attempts to address and ease the environmental energy impact of cryptocurrency mining through its proof-of-research and proof-of-stake protocols, as compared to the proof of work system used by Bitcoin.
Discussed on
- "Gridcoin: An open source cryptocurrency that rewards work performed on the BOINC" | 2021-02-23 | 220 Upvotes 115 Comments
π BerkShares
BerkShares is a local currency that circulates in The Berkshires region of Massachusetts. It was launched on September 29, 2006 by BerkShares Inc., with research and development assistance from the Schumacher Center for a New Economics. The BerkShares website lists around 400 businesses in Berkshire County that accept the currency. Since launch, over 10 million BerkShares have been issued from participating branch offices of local banks (as of February 2020, 9 branches of 3 different banks). The bills were designed by John Isaacs and were printed by Excelsior Printing on special paper with incorporated security features from Crane & Co.. BerkShares are pegged with an exchange rate to the US dollar, but the Schumacher Center has discussed the possibility of pegging its value to a basket of local goods in order to insulate the local economy against volatility in the US economy.
Discussed on
- "BerkShares" | 2017-09-08 | 214 Upvotes 88 Comments
π The Portuguese Bank Note Crisis of 1925
Artur VirgΓlio Alves Reis (Lisbon, 8 September 1896 β 9 June 1955) was a Portuguese criminal who perpetrated one of the largest frauds in history, against the Bank of Portugal in 1925, often called the Portuguese Bank Note Crisis.
Discussed on
- "The Portuguese Bank Note Crisis of 1925" | 2019-08-30 | 200 Upvotes 74 Comments
π Zero-Rupee Note
A zero-rupee note is a banknote imitation issued in India as a means of helping to fight systemic political corruption. The notes are "paid" in protest by angry citizens to government functionaries who solicit bribes in return for services which are supposed to be free. Zero-rupee notes, which are made to resemble the old 50-rupee banknote of India, are the creation of a non-governmental organization known as 5th Pillar which has, since their inception in 2007, distributed over 2.5 million notes as of August 2014. The notes remain in current use and thousands of notes are distributed every month.
Discussed on
- "Zero-Rupee Note" | 2024-02-25 | 160 Upvotes 76 Comments
π Namecoin
Namecoin (Symbol: β or NMC) is a cryptocurrency originally forked from bitcoin software. It is based on the code of bitcoin and uses the same proof-of-work algorithm. Like bitcoin, it is limited to 21 million coins.
Namecoin can store data within its own blockchain transaction database. The original proposal for Namecoin called for Namecoin to insert data into bitcoin's blockchain directly. Anticipating scaling difficulties with this approach, a shared proof-of-work (POW) system was proposed to secure new cryptocurrencies with different use cases.
Namecoin's flagship use case is the censorship-resistant top level domain .bit
, which is functionally similar to .com
or .net
domains but is independent of ICANN, the main governing body for domain names.
Discussed on
- "Namecoin" | 2014-03-16 | 150 Upvotes 51 Comments
π EURion constellation
The EURion constellation (also known as Omron rings or doughnuts) is a pattern of symbols incorporated into a number of banknote designs worldwide since about 1996. It is added to help imaging software detect the presence of a banknote in a digital image. Such software can then block the user from reproducing banknotes to prevent counterfeiting using colour photocopiers. According to research from 2004, the EURion constellation is used for colour photocopiers but probably not used in computer software. It has been reported that Adobe Photoshop will not allow editing of an image of a banknote, but in some versions this is believed to be due to a different, unknown digital watermark rather than the EURion constellation.
Discussed on
- "EURion constellation" | 2016-02-14 | 155 Upvotes 25 Comments
π Base58
Base58 is a group of binary-to-text encoding schemes used to represent large integers as alphanumeric text, introduced by Satoshi Nakamoto for use with Bitcoin. It has since been applied to other cryptocurrencies and applications. It is similar to Base64 but has been modified to avoid both non-alphanumeric characters and letters which might look ambiguous when printed. It is therefore designed for human users who manually enter the data, copying from some visual source, but also allows easy copy and paste because a double-click will usually select the whole string.
Compared with Base64, the following similar-looking letters are omitted: 0 (zero), O (capital o), I (capital i) and l (lower case L) as well as the non-alphanumeric characters + (plus) and / (slash). In contrast with Base64, the digits of the encoding do not line up well with byte boundaries of the original data. For this reason, the method is well-suited to encode large integers, but not designed to encode longer portions of binary data. The actual order of letters in the alphabet depends on the application, which is the reason why the term βBase58β alone is not enough to fully describe the format. A variant, Base56, excludes 1 (one) and o (lowercase o) compared with Base 58.
Base58Check is a Base58 encoding format that unambiguously encodes the type of data in the first few characters and includes an error detection code in the last few characters.
Discussed on
- "Base58" | 2018-11-08 | 95 Upvotes 43 Comments
π Rai Stones
The Micronesian island of Yap is known for its stone money, known as Rai (Yapese: raay), or Fei: large doughnut-shaped, carved disks of (usually) calcite, up to 4Β m (13Β ft) in diameter (most are much smaller). The smallest can be as little as 3.5 centimetres (1.4Β in) in diameter. There are around 6,000 of the large, circular stone disks carved out of limestone formed from aragonite and calcite crystals. Rai stones were quarried on several of the Micronesian islands, mainly Palau, but briefly on Guam as well, and transported to Yap for use as money. They have been used in trade by the Yapese as a form of currency.
The monetary system of Yap relies on an oral history of ownership. In the case of stones that are too large to move, buying an item with one simply involves agreeing that the ownership has changed. As long as the transaction is recorded in the oral history, it will now be owned by the person to whom it is passed and no physical movement of the stone is required.
Discussed on
- "Rai Stones" | 2020-03-20 | 95 Upvotes 35 Comments
π Crypto-Anarchism
Crypto-anarchism (or crypto-anarchy) is a political ideology focusing on protection of privacy, political freedom and economic freedom, the adherents of which use cryptographic software for confidentiality and security while sending and receiving information over computer networks.
By using cryptographic software, the association between the identity of a certain user or organization and the pseudonym they use is made difficult to find, unless the user reveals the association. It is difficult to say which country's laws will be ignored, as even the location of a certain participant is unknown. However, participants may in theory voluntarily create new laws using smart contracts or, if the user is pseudonymous, depend on online reputation.
Discussed on
- "Crypto-Anarchism" | 2021-02-27 | 74 Upvotes 46 Comments