On the show today we have Brent Xu, founder of Umee. Umee is a suite of cross-chain DeFi protocols that interconnects between Cosmos and Ethereum. Umee takes inspiration from Brent's experience in DeFi, Proof-of-Stake and Fixed Income. Umee has 3 core products at launch, multichain staking, cross-chain DeFi rates and interchain leverage. The podcast explores Brent's background in TradFi and some TradFi concepts such as the term structure of interest rates and covers how Umee is bringing a lot of TradFi concepts to DeFi such as a term structure of interest rates. We discuss everything from why time-values are important in crypto, Umee 2-token model for cross-chain lending/borrowing, how Umee builds yield curves for staking rates and much more.
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Inspirational entrepreneurs from up and down the country are kicking off the countdown to Small Business Saturday UK with exactly one hundred days to go until the record-breaking annual celebration.
MEDICINE PRIZE. Dan Ariely of Duke University (USA), Rebecca L. Waber of MIT (USA), Baba Shiv of Stanford University (USA), and Ziv Carmon of INSEAD (Singapore) for demonstrating that high-priced fake medicine is more effective than low-priced fake medicine..
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ATTENDING THE CEREMONY: Colleague Deborah Wilkes accepted the prize on behalf of Professor Perry.
The proportions tell the tale—witnessing and data transfer are the two main things that are rewarded and they are both primarily about receiving data rather than transmitting it. In that bike share example I shared above, the company isn’t sending firmware updates over the air. They just want to know where the dang bikes are. That’s what LongFi is great for. Therefore, nodes in the network that can listen to large areas consistently should be rewarded.
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Funding: Chemical analysis was conducted at the Centre for the Study of Complex Childhood Diseases (CSCCD) at the Hospital for Sick Children, which was supported by the Canadian Foundation for Innovation (CFI;www.innovation.ca/). The University of Toronto and an NSERC Discovery Grant (www.nserc-crsng.gc.ca/) to MEF financed this research; KMT was supported by an NSERC Undergraduate Student Research Award. The funders had no role in study design, data collection and analysis, decision to publish, or preparation of the manuscript.
REFERENCE: “Psychoacoustics of a Chilling Sound,” D. Lynn Halpern, Randolph Blake and James Hillenbrand, Perception and Psychophysics, vol. 39,1986, pp. 77-80.
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If you can delay gratification, you might want to invest in a Helium hotspot today and eagerly await its arrival.
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Hotspots that monitor and report Proof-of-Coverage activity from other Hotspots receive a share of HNT based on the amount of activity they witnessed.
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MEDICINE PRIZE: Masateru Uchiyama [JAPAN], Xiangyuan Jin [CHINA, JAPAN], Qi Zhang [JAPAN], Toshihito Hirai [JAPAN], Atsushi Amano [JAPAN], Hisashi Bashuda [JAPAN] and Masanori Niimi [JAPAN, UK], for assessing the effect of listening to opera, on heart transplant patients who are mice.
This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.
Εvery month a stantard quantity of HNT is mined (currently 5.000.000 ΗΝΤ/month) and distributed to the following categories:
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BIOLOGY: Buck Weimer of Pueblo, Colorado for inventing Under-Ease, airtight underwear with a replaceable charcoal filter that removes bad-smelling gases before they escape.
REFERENCE: “Nasal Packing With Strips of Cured Pork as Treatment for Uncontrollable Epistaxis in a Patient with Glanzmann Thrombasthenia,” Ian Humphreys, Sonal Saraiya, Walter Belenky and James Dworkin, Annals of Otology, Rhinology and Laryngology, vol. 120, no. 11, November 2011, pp. 732-36.
PHYSICS PRIZE [JAPAN]: Kiyoshi Mabuchi, Kensei Tanaka, Daichi Uchijima and Rina Sakai, for measuring the amount of friction between a shoe and a banana skin, and between a banana skin and the floor, when a person steps on a banana skin that’s on the floor.
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They evaluated that the network growth and deployment of units via the purchasing of units by members, was too slow of a plan, especially with all the supply issues experienced over the last year.
Still, with carriers offloading cell towers into consumer-deployed Wi-Fi access points in the form of Carrier Wi-Fi there is a certain logic in extending the pattern for 5G cells and access points. And lets face it, a little incentive never does anyone any harm.
CHEMISTRY: The Coca-Cola Company of Great Britain, for using advanced technology to convert ordinary tap water into Dasani, a transparent form of water, which for precautionary reasons has been made unavailable to consumers.
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But I still can’t say why these tokens are rising in value. The idea is that customers who want to use the Helium network of public hotspots use HNTs to buy data credits on the network. A data credit is worth $0.00001, which means that $1 gets you 10,000 data credits. When an HNT buys a data credit, the HNT is burned, so as people use the network and buy more data credits, the overall number of HNTs could drop (although more are continuously being mined).
In conclusion, the important thing is to find the right balance. Dense, but not too much, just the right amount. Optimal density equals maximum gain in HNT.
I am having problems with the “relayed status” I began to think is a provider problem. I tried to check online, but I can not find an answer. people wrote my company (Tmobile) have the NAT, is that the same? In Helium app, appears like Inbound and Outbound are checked, But when I run diagnostics with Helium Utility, the Inbound appears blocked. I already disabled just in case the UPnP. Is there anything I can do? Shaun Frye August 18th, 2021
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It was a good day when my Helium hotspot finally arrived. It was easier to set up than a wireless router. Inside the box I discovered a little setup booklet, the hotspot itself, which is rather compact, measuring six inches by six inches,a cool Helium sticker, a stock antenna, and the power cable.
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Yes, you can also become a Helium crypto miner with the best outcomes if you take the steps explained concisely in this reference book.
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Note that to be optimal at 90% you need to be 6 meters above your roof and surrounding roofs. A difference of even 1 meter can significantly improve your coverage.
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The new crypto infrastructure bill created uproar in the crypto community over the last several weeks, as the bill introduced
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This happens because there is only a limited amount of HNT that should be paid to Miners.
we will upgrade to receive even more FREE money. If it is a speculative investment, then the principle of “buy low, sell high” applies.
[REFERENCE: “Interim Report: Results of the National Demonstration Project to Reduce Violent Crime and Improve Governmental Effectiveness In Washington, D.C., June 7 to July 30, 1993, Institute of Science, Technology and Public Policy, Fairfield, Iowa”]
What brings your miner the most earnings is the number of challenges it participates in.
PUBLIC SAFETY PRIZE: John Senders of the University of Toronto, CANADA, for conducting a series of safety experiments in which a person drives an automobile on a major highway while a visor repeatedly flaps down over his face, blinding him.
PHYSICS PRIZE: Joseph Keller [USA], and Raymond Goldstein [USA and UK], Patrick Warren, and Robin Ball [UK], for calculating the balance of forces that shape and move the hair in a human ponytail.
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You don’t have to like it but when you make false and misleading claims against it then it requires a response.
ECONOMICS: Gauri Nanda of the Massachusetts Institute of Technology, for inventing an alarm clock that runs away and hides, repeatedly, thus ensuring that people DO get out of bed, and thus theoretically adding many productive hours to the workday.
Helium’s and Match X seem to have different methods of profitization. Helium Inc is a large holder of HNT. Their success is tied to the increasing value of the crypto, not by selling miners. Helium is already allowing 3rd party companies to manufacture the miners. At one point, they even gave the keys to build your own miner for free. Unfortunately, this has been discontinued (if you want to know why check out my post on POC Hacking).
HNT is a new cryptocurrency Hotspots earn for providing and validating wireless coverage and when devices on the network connect to the Internet through Hotspots.
REFERENCE: “Aesthetic value of paintings affects pain thresholds,” Marina de Tommaso, Michele Sardaro, and Paolo Livrea, Consciousness and Cognition, vol. 17, no. 4, 2008, pp. 1152-1162.
Companies don’t just start giving products away for free if they are selling. Nobody was buying so they’ve adopted the “your first taste is free” marketing strategy.
REFERENCE: “Walking Like Dinosaurs: Chickens with Artificial Tails Provide Clues about Non-Avian Theropod Locomotion,” Bruno Grossi, José Iriarte-Díaz, Omar Larach, Mauricio Canals, Rodrigo A. Vásquez, PLoS ONE, vol. 9, no. 2, 2014, e88458. [NOTE: The paper is accompanied by a video.>
LITERATURE PRIZE [SWEDEN] — Fredrik Sjöberg, for his three-volume autobiographical work about the pleasures of collecting flies that are dead, and flies that are not yet dead.
Helium, and IoT in general, is mostly bound today by a lack of imagination. It’s a lot like satellite imagery analysis in that sense—there are ton of cool and reasonable sounding ideas but very little practical and valuable stuff happening in real life.
REFERENCE: “Why Do Old Men Have Big Ears?” James A. Heathcote, British Medical Journal, vol. 311, 1995, p. 1668.
REFERENCES: “Huis, Bed en Beestjes” [House, Bed and Bugs], J.E.M.H. van Bronswijk, Nederlands Tijdschrift voor Geneeskunde, vol. 116, no. 20, May 13, 1972, pp. 825-31. “Het Stof, de Mijten en het Bed” [Dust, Mites and Bedding]. J.E.M.H. van Bronswijk Vakblad voor Biologen, vol. 53, no. 2, 1973, pp. 22-5. “Autotrophic Organisms in Mattress Dust in the Netherlands,” B. van de Lustgraaf, J.H.H.M. Klerkx, J.E.M.H. van Bronswijk, Acta Botanica Neerlandica, vol. 27, no. 2, 1978, pp 125-8. “A Bed Ecosystem,” J.E.M.H. van Bronswijk, Lecture Abstracts — 1st Benelux Congress of Zoology, Leuven, November 4-5, 1994, p. 36.
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“We’re proud to double down on our investment in the Helium network in this round, and remain bullish with the launch of Helium 5G expected this fall,” said Tushar Jain, managing partner at Multicoin Capital, which first invested in Helium in 2019.
REFERENCE: “Creatures of the Night: Chronotypes and the Dark Triad Traits,” Peter K. Jonason, Amy Jones, and Minna Lyons, Personality and Individual Differences, vol. 55, no. 5, 2013, pp. 538-541.
I arrived here doing searching on IHub/Helium to learn what I could and read others opinions.
Europe was even worse with 8 hotspots spread out between Portugal, France, Italy, Germany and Prague.
REFERENCE: “From Junior to Senior Pinocchio: A Cross-Sectional Lifespan Investigation of Deception,” Evelyne Debey, Maarten De Schryver, Gordon D. Logan, Kristina Suchotzki, and Bruno Verschuere, Acta Psychologica, vol. 160, 2015, pp. 58-68.
[REFERENCE: “Induction and Potentiation of Parturition in Fingernail Clams (Sphaerium striatinum) by Selective Serotonin Re- Uptake Inhibitors (SSRIs),” Peter F. Fong, Peter T. Huminski, and Lynette M. D’urso, “Journal of Experimental Zoology, vol. 280, 1998, pp. 260-64.]
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Learn all about Helium mining in less than two hours reading the book I just published on Kindle. You can also see the complete table of contents at the end of this story.
So after a few weeks they ask to buy it so they can earn 50% instead of the 10%.
So WiFi may be fine for devices in a building with an appropriate power supply, however if we look at moving devices out into the field the WiFi model starts to fall down, so I hear you ask, why not just use a sim card and telephone network? GSM et al. are power hungry like WiFi meaning your device would likely need a permanent power supply.There is a monthly cost for the service provider subscription. It may not seem much for a device or two, but when it is scaled for ear tags for a herd of cattle or many bin sensors it soon adds up.
The Helium Network attempts to build a decentralized network of IoT hotspots with privacy and security at the forefront of its vision. The recently released Amazon Sidewalk network aims for a similar goal with a much different view on privacy. This competition runs parallel to a fable we all know: who is the hare and who is the tortoise? Could Amazon be the hare that quickly set up its network, and Helium be the consistently growing tortoise poised to surpass Amazon’s network? The answer could lie in the difference between centralized and decentralized services.
“We’re proud to double down on our investment in the Helium network in this round, and remain bullish with the launch of Helium 5G expected this fall,” said Tushar Jain, managing partner at Multicoin Capital, which first invested in Helium in 2019.
REFERENCE: “Behavioural and electrophysiological responses of the female malaria mosquito Anopheles gambiae (Diptera: Culicidae) to Limburger cheese volatiles,” Bulletin of Entomological Research, B.G.J. Knols, J.J.A. van Loon, A. Cork, R.D. Robinson, et al., vol. 87, 1997, pp. 151-159.
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Technically yes, but it’s a really really bad idea, you are likely to pay WAAAY over the odds for a hotspot doing it this way, plus some of the eBay listings are burying / hiding the fact in the small print that they are in-fact offering a “pre-order” for delivery later in the year rather than actually having the hotspot to hand. Also pre-owned hotspots is a really bad idea, when you get a hotspot it has to be asserted to your wallet via the app. Once it has been asserted to you it’s linked to you and all earnings end up in your wallet. If someone has already asserted the hotspot you’ll essentially pay a lot of money to mine crypto for somebody else. The only recommended way to obtain a hotspot is from one of the officially recognised vendors listed here – https://www.helium.com/mine.
REFERENCE: “Leaning to the Left Makes the Eiffel Tower Seem Smaller: Posture-Modulated Estimation,” Anita Eerland, Tulio M. Guadalupe and Rolf A. Zwaan, Psychological Science, vol. 22 no. 12, December 2011, pp. 1511-14.
If you can’t recruit six, who have to recruit another 1 to 5 each in order for you to make up the remaining 50% HNT difference, you’d simply be better off running your own HNT mining hardware outside of iHub Global.
Hotspot DosHotspot Don'tsDo give the hotspot a nice view of the outdoors, a view with plenty of skyDon’t hide the hotspot in a nightstand or on a bookcaseDo place your hotspot near a windowDon’t place it by a window where there are other buildings close by that might decrease coverageDo locate your hotspot on the highest floor in your home or officeDon’t put it near a window with a bug or wire mesh screen, which can block radio signals dramaticallyDo space it at least 300 meters from the nearest hotspotDon’t lose your 12 seed words for the Helium hotspot app
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PSYCHOLOGY: Lee Kuan Yew, former Prime Minister of Singapore, practitioner of the psychology of negative reinforcement, for his thirty-year study of the effects of punishing three million citizens of Singapore whenever they spat, chewed gum, or fed pigeons.
