Crypto Currency

Pastel Network Announces the Listing of PSL on the Bitcoin.com Exchange

NEW YORK, NY, Mar 2, 2021 – (ACN Newswire) – Pastel Network, the first truly decentralized and scalable blockchain project designed specifically for rare digital art, has officially announced its pending listing on Bitcoin.com, scheduled for March 5th, 2021.Pastel Network is a blockchain for rare digital art (also known as “NFTs”) that is built on…

NEW YORK, NY, Mar 2, 2021 – (ACN Newswire) – Pastel Network, the first truly decentralized and scalable blockchain project designed specifically for rare digital art, has officially announced its pending listing on Bitcoin.com, scheduled for March 5th, 2021.Pastel Network is a blockchain for rare digital art (also known as “NFTs”) that is built on the secure, battle-tested codebases of the Bitcoin, Dash, and ZCash cryptocurrency projects. Pastel introduces several important innovations to the world of blockchain art, such as the decentralized storage of art image files natively in the network, as well as a decentralized validation process for registering new artworks that prevents near-duplicate images from being added to the system. Pastel’s novel near-duplicate detection algorithm is based on robust image fingerprints that are generated using state-of-the-art deep learning image models and introduces a new form of digital scarcity which makes pixel patterns themselves “rare”.Pastel takes a different technological approach than competing digital art blockchain projects, which are primarily built on top of the Ethereum platform. Because Pastel is an integrated platform specifically designed for the application of rare digital art, it has its own native Bitcoin-like currency (called the PSL coin). Having a native currency token makes the Pastel Network’s fees for registering, storing, and trading rare artwork very low, which makes it affordable to artists and collectors all over the world. Furthermore, the system includes a native mechanism based on changes in the mining difficulty of Pastel’s proof-of-work algorithm for maintaining these fees at affordable levels long into the future – even if PSL appreciates significantly in value. This is in stark contrast to Ethereum-based art projects, where the cost to create new artworks is currently hundreds of dollars, creating unnecessary financial risks for artists and making these other platforms out of reach for all but the wealthiest artists and the most expensive digital artworks. Even if an artist can afford to pay these egregious fees, the cost of simply transferring the artworks to users is prohibitively high. Pastel offers digital artists a secure and robust environment for registering their rare digital artworks with very low transactional costs, making digital art accessible to artists from anywhere in the world, and allowing a different business model for artists where they can sell larger numbers of their limited edition digital art “prints” a price point of under $5, while still making a healthy profit margin.At the same time, Pastel allows art collectors and fans to purchase rare digital artworks directly from their favorite artists – with most of the value going to the artist instead of being wasted on unproductive network fees and overhead. This allows fans to participate in the long-term success of their favorite artists, creating a reciprocal relationship that transforms an artist’s fans into partners that have a financial stake in promoting the artist’s work. Furthermore, buyers of rare artworks on Pastel are able to trade their owned artworks with other Pastel users in a decentralized exchange that is native to the platform, all while paying modest trading commissions and transaction fees that are closer to the ~2% charged by payment processors such as Paypal and Stripe than the 15% or more charged by art dealers and auction houses, and other NFT platforms. Pastel Network’s low trading fees will lead to a much more dynamic and liquid marketplace for rare digital artwork that has the potential to radically transform the way art is created and collected. Best of all, the trading fees are sent by buyers and sellers to an unspendable PSL address, thus “burning” them and removing them permanently from circulation. Over time, this natural deflation will offset the new PSL created through the mining process, making PSL scarcer and more valuable.As Pastel Network’s founder Jeff Emanuel explains, “Today marks an exciting milestone for our project, which has been under continuous development since 2018 with the singular mission of serving the world’s artistic community. We have created an open platform that frees artists from the restrictions of the traditional art market, with its outrageous commissions and dealer fees, as well as its elitist “gatekeeping” mentality that excludes the vast majority of talented artists around the world from earning a living as an artist. With the listing of Pastel on the Bitcoin.com exchange, as well as the public launch of our wallet software for artists and collectors in the next months, Pastel is now poised to disrupt the NFT space with a radically better network design that solves the high transactional fees and scalability issues that plague existing Ethereum-based NFT marketplaces and platforms.”Pastel Network originated as a fork of the Animecoin blockchain project originally introduced in 2014. Animecoin was based on a modified version of the Bitcoin code and was fairly distributed with zero “pre-mine” to thousands of users around the world. After the fork, Pastel team raised over $3mm from Innovating Capital and other blockchain investors to fund the development of the Pastel software and to further the goals of the project through community engagement and exchange listings, culminating in Pastel’s pending listing on Bitcoin.com.About Pastel NetworkPastel is an open-source, decentralized system allowing artists to register “provably rare” assets on a Bitcoin-like blockchain, while also allowing art collectors to purchase these artworks and “trustlessly” trade them among themselves without reliance on a central authority. The mission of the team is to develop the underlying infrastructure for a fully decentralized digital art platform, to better democratize the digital art world. The team behind Pastel Network is made up of an entrepreneurial team of developers, creators, marketers, and fund managers. With over two years of continuous, public development (which is fully documented on Pastel’s public Github code repository), Pastel has built a secure system that solves the major problems of existing blockchain art projects: high fees, poor scalability, no internal native network file storage, and no means of preventing near-duplicate images from being registered on the network, which introduces a new standard of digital scarcity for NFTs.Media Contact: Anthony [email protected]: https://www.pastel.network/ Wiki: https://www.pastel.wiki/Telegram: https://t.me/PastelNetworkMedium: https://medium.com/pastelnetwork Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com
Read More

Be the first to write a comment.

Leave a Reply

Crypto Currency

Teen Voices: Experiences of the Pandemic

DR ASHA PEMBERTON [email protected] As an adolescent medicine specialist, I am a paediatrician with specific training in the health, mental wellness and resilience of all children, teenagers and young adults. Through my work, I encounter young people with a range of concerns and also those with opinions and suggestions toward their own future. This past…

DR ASHA PEMBERTON
[email protected]
As an adolescent medicine specialist, I am a paediatrician with specific training in the health, mental wellness and resilience of all children, teenagers and young adults. Through my work, I encounter young people with a range of concerns and also those with opinions and suggestions toward their own future. This past week, I met with a vibrant young woman who reflected passionately on the past year of her life: the challenges, the experiences and next steps. With her full permission, I share her narrative.
“It has been an entire academic year online. My lower-six experience has been completely virtual.
Will it be this way for the rest of my secondary schooling?
We missed the opportunity to feel that we were finally at the top of the school body, now only names or faces on a laptop screen.
At this point, I have taught myself more topics than my teachers have taught me. I can’t blame them though; they are new to this too. Page after page, slide after slide; I am tired.
Sometimes it almost feels as though teachers are more concerned with who has their web camera turned on than whether we have finished the syllabus.
Spending time on such minor issues instead of ensuring we are in the best position going into exams. Aside from the standard school hours as well as our usual study time, several of us have to set aside even more time to solidify the content of the syllabus. Time that would have been spent with friends, with family, with ourselves – just socialising and having fun.
Honestly, I am at the point where social media is not even interesting anymore. All of the screen-time between school, lessons, webinars, and all sorts of things have zapped my energy to even look at another screen.
Friends who I thought would have been there forever have proven that once we are not seeing each other almost daily, we will not speak.
It’s funny huh?
This pandemic has also brought unsuspecting people into my life. Colleagues who I have never spoken to have reached out; school-related or otherwise, but it was nice to have someone new to interact with.
After being locked in for so long, there is so much I would like to do now, right here in the country. Go on hikes, visit down the islands, go to art galleries, go to the cinema with friends, or simply go to the beach and lime – all the activities I took for granted before.
It’s ironic isn’t it? Suddenly everything in the country seems so interesting and appealing when it isn’t as easily available.
Finding ways to manage my own mental health in the online world proved difficult in the early stages. Everything back then was up to chance, changing every week. We were happy to have the time off but after a while it took a toll on us.
Nowadays, everything is a rapid blur. Rushing to finish syllabi, rushing to ensure this, rushing to complete that. It’s too much.
To find that balance between ‘Okay I have done a lot work today, let me take a break’ and ‘No, if you were in physical school you wouldn’t be resting now’ is the key, I believe. Some online platforms such as The Gen Z Journal as well as YETT on Instagram have given us such helpful and insightful advice for how to approach these situations. Said platforms have made this experience that much more bearable.
If this is meant to be the ‘new normal,’ a couple changes will definitely need to be made. I know for a fact that several teens such as myself cannot go on in this way for long periods of time. We miss our friends, the school environment, adequate and proper teaching, and most of all we miss our motivation.”
The words of this young person mirror feedback locally, regionally and internationally. The changes that young people have been navigating are tremendous when we consider the upheaval to education, social interaction, motivation and overall mental health. In your homes and communities this weekend take the time to speak to young people and allow them the non-judged space to express their true feelings and concerns. Let us make conscious efforts to get their voices a platform, so that we too are able to appropriately and effective manage their holistic health during these uncertain times.
The post Teen Voices: Experiences of the Pandemic appeared first on Trinidad and Tobago Newsday.
Read More

Continue Reading
Crypto Currency

Can you support WLM spread the word about the upcoming 5K May challenge in aid of our services for people affected by homelessness?

Thursday 15 April, 2021 WLM partners with Run For Heroes for new charity challenge in May! This May you can run, roll, walk, cycle or even swim… it’s completely up to you. It’s all about getting out and feeling good while you’re doing it! If the pandemic has taught us anything, it’s that the smallest…

Thursday 15 April, 2021
WLM partners with Run For Heroes for new charity challenge in May!
This May you can run, roll, walk, cycle or even swim… it’s completely up to you. It’s all about getting out and feeling good while you’re doing it!
If the pandemic has taught us anything, it’s that the smallest things can make the biggest impact and there’s no better example of that than Run for Heroes. That’s the charity that started the infamous 5km running challenge – Run 5, Donate 5, Nominate 5 -during the first lockdown.
What started as a plan to raise £5,000 for NHS charities at the beginning of the Covid-19 pandemic went completely viral on social media, becoming a major fitness motivation and fundraising tool for more than a million people. Since its humble beginnings in 2020, Run For Heroes has raised more than £7 million for NHS Charities and founder Olivia Strong has been awarded an MBE. After the success of the original fundraiser, the nation is once again being encouraged to get active in the name of charity as lockdown restrictions continue to ease.
Run for Heroes partners with WLM and is launching its latest challenge by turning the month of May into a celebration of physical activity with the 5kMay campaign.
As the name suggests, it’s all about getting fit and hitting that 5km target.
It’s not just about running though – you could walk, roll, skip or even swim your 5 kilometers if you wish!
All that matters is getting your body moving and raising vital funds for WLM, supporting us to empower people affected by homelessness, poverty and trauma to make positive changes in their lives.
You can take part on your own or as a group, donate your £5 or more to WLM, then nominate 5 friends or family members to complete their own 5km challenge in aid of WLM. If you wish to donate more than £5 you might want to consider getting sponsored, so feel free to set up your own fundraising page and invite your family, friends and colleagues to get involved and support you!
With famous faces like Mo Farah, Ellie Goulding and even Prime Minister Boris Johnson backing previous Run For Heroes challenges, you may even spot a celebrity while out on your 5kMay journey.
Don’t forget to give us a shout out by tagging WLM on Facebook, Twitter or Instagram if you choose to take the 5K challenge in aid of our cause, we would love to share your activity with our followers and thank you publicly!
Your support will help WLM’s services to continue empowering positive change to the lives of people affected by rough sleeping, alcohol addiction, unemployment, isolation, trauma and financial struggle so thank you!
To get more information on the challenge or to sign up please visit WLM’s website https://www.wlm.org.uk/

Distributed by https://pressat.co.uk/
Read More

Continue Reading
Crypto Currency

ICC Investigates Former Zimbabwe Cricket Team Captain Over The Use Of BTC In Corruption

The International Cricket Council aka ICC has been dealing with corruption for quite some time now. However, this time the cricket council encountered the involvement of cryptocurrency. The crypto industry has tried long and hard to fend off its association with the dark web. But once again, crypto was seen getting embroiled in a recent…

The International Cricket Council aka ICC has been dealing with corruption for quite some time now. However, this time the cricket council encountered the involvement of cryptocurrency. The crypto industry has tried long and hard to fend off its association with the dark web. But once again, crypto was seen getting embroiled in a recent […]
Read More

Continue Reading
Crypto Currency

Dogecoin [DOGE] Bulls Take A Breather After Hitting Peak At $0.14

Tech mogul Elon Musk has been the biggest driver for Dogecoin [DOGE] rush. The cryptocurrency noted gains of more than 112.24% over the past week. The memecoin has noted an impressive jump to the 11th spot on the cryptocurrency ladder from less than a cent at the beginning of this year to the press time…

Tech mogul Elon Musk has been the biggest driver for Dogecoin [DOGE] rush. The cryptocurrency noted gains of more than 112.24% over the past week. The memecoin has noted an impressive jump to the 11th spot on the cryptocurrency ladder from less than a cent at the beginning of this year to the press time […]
Read More

Continue Reading