The Mystery Of The Myth - 925 Words

The myth is the belief that some languages just aren’t good enough because they do not fulfill certain criteria. Criteria such as not being able to act as a medium of speech to express new ideas, to speak of science, to speak of high literature, and to be used internationally without having to borrow vocabulary from other languages. English is probably the most infamous case of this myth being false. As we know it English is probably one of the most widely spoken languages. English has the ability to clearly express ones ideas, converse scientific terms, and speak of high literature. However many of English’s vocabulary are borrowed from Latin, French, and many other languages. Under the criteria of those that believe that some languages are not good enough, English is not good enough as a language since it borrows vocabulary from other languages. But this is not true since English is a very prominent language and is very able to express new ideas of all kinds. Another famous example that can be used to debunking this myth would be in the case of Latin. When Latin first arose the Greek’s believed that Latin just wasn’t good enough to be able to express complex thoughts. However as we know today this is terribly false. Latin was one of the most wide spread languages that we know of today. Latin was also at one time a lingua franca. It was used as a common language between speaks of different native languages to express ideas. Not only was Latin used in science,Show MoreRelatedAmerican Myths and Mysteries Essay2813 Words   |  12 Pagesinteresting mysteries that have not been solved and myths passed down from generation to generation. No one knows what caused these myths to come about or why these mysteries were never solved, but they are a very interesting part of American history. 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In The Origin of Civil Society, Jean-Jacques Rousseau concludes that the Social Contract benefits those who are not strongRead MoreMyths And Myths Of Myths856 Words   |  4 Pagesthus spurring a debate on what it is that myths actually mean and what they should teach us. It seems that myths and mythology should create both independent and creative thought while solidifying the culture/s that the myth is designed thus creating both a sense of individuality and community with in the world. When fundamentally broken down mythology is a collection of stories (myths) that usually belong to a specific culture or religious group. Myths then can be broken down in to sets of storiesRead MoreMythology vs Natural World: How mythology helped to explain aspects of the natural world to the ancient Greeks1289 Words   |  6 PagesGreek myths are all that s left of the ancient Greek religion, in which beauty, poetry, and creative activities were a vital part of the tradition. Centuries ago, the Greeks created numerous stories and poems, which are still being shared today, that showed their view of the world that existed not only in the mind of the Greek poets, but in the hearts of the humble and long suffering natives of ancient Greece. From the stories of the Olympians, to heroes greatest adventures and from romantic storiesRead MoreStonehenge And Most Common Myths Of Stonehenge1090 Words   |  5 Pagespyramids, and many other ancients’ structures. Stonehenge is one of the oldest unsolved mysteries in the world. The ancient stone is located in Wiltshire, England. English Heritage organization is the responsible for looking after the monu ments included with the Stonehenge. People always ask how come a monument was built before 3000 B.C. with naked hands. In this paper, the history of Stonehenge and most common myths of Stonehenge will be discussed in brief lines. Then, what the author thinks StonehengeRead MoreChinese and Greek Mythology1564 Words   |  7 Pagesthe universe which ultimately resulted in the establishment of religions, beliefs and most pertinent, creation myths. Mythology provides explanations for the worlds mysteries especially in regards to the creation of Earth, Humans and the environment. This comparative paragraph analyzes the similarities and differences between a Greek myth entitled, The Beginning of Things, and a Chinese myth named, Heaven and Earth and Man, contrasted in the aspects of conflict, solutions, heroic action, and the educationRead MoreChristopher Columbus s Discovery Of The Disoriented Magnetic Compass Off The South Eastern Coast Of United States1030 Words   |  5 Pagesoceani c research articles, I have found that the media overwhelms the general public with dramatic myth stories in such a way that the truth rarely makes it to readers. Scientist have now proven a methane gas hypothesis has been a major contributor to ships and planes losing their density needs. C. Thesis Statement: In understanding the science behind releasing gas from the oceanic floor, finally myths are put to rest. D. Tie to the Audience: History has been lost as people disappeared travelingRead MoreComplex Characters In The Arthurian Legend : Merlin And Taliesin767 Words   |  4 Pagesversion to version, creating confusion about their origin and roles in stories. Merlin, the wondrous and wise magician, and Taliesin, the inspirational historian and all-knowing bard, are some of the most versatile individuals in the stories. The mysteries of Merlin, Taliesin and their significance impact the Arthurian legend and literature. Merlin, also referred to as Merlinus or Myrddin, is a major and essential character in the legends. He is a well known sorcerer, seer and prophet . He isRead MoreThe Importance Of Native American Storytelling1001 Words   |  5 Pagesnever want the younger generation to forget where they come from. In Native American storytelling there were many myths told. The myths are like folk tales they focus on normal people other than gods. In the myths most of the characters are often not named. The Native Americans focused more on the plot of the story and not just the characters themselves. Animals were commonly used in myths because they were thought to be very spiritual. The four direction showed up in the stories literally or symbolicallyRead MoreTrickster-God-Creator1433 Words   |  6 PagesCoyote of Native North American traditions is often depicted as assisting the â€Å"Great Mystery† or â€Å"Great Spirit† in the creating and populating of the world (Leeming). 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The Human Body Is A Very Complex System In Which Thrives

The human body is a very complex system in which thrives off of several different homeostatic balances. When the regulation of internal conditions doesn’t remain stable or constant it is referred to as a homeostatic imbalance, which is usually connected to a certain disease or disorder. Diabetes Mellitus (DM) type two is a metabolic disorder where the body does not use insulin sufficiently and is usually referred to as insulin deficient. It is the most common form of diabetes and is, in most cases, not inevitable. This disease is said to be the oldest disease known and dates back 3000 years ago before a distinction was discovered between the different types. There are several things in which are secondary and or come hand in hand with†¦show more content†¦Most people that have DM type two suffer from obesity and have and abundance of intra-abdominal obesity (visceral fat). It is common for these patients to exhibit low levels HDL-cholesterol (good cholesterol) an d high levels of LDL-cholesterol (bad cholesterol). Having high levels of LDL-cholesterol promotes a buildup of plaque in the arteries and can result in a heart disease or even a stroke. The prevention of DM is not always inevitable as most cases are seen in people who live sedentary lives; high fat and carbohydrate consumption as well as no physical activity to promote weight loss. Even though the majority could potentially be prevented, there are still cases in which people are predisposed due to a family history of this disease and or obesity. Although obesity is the main cause of connection to this type of diabetes there are some cases where the patient is not obese but may exhibit an increased amount of body fat that is distributed amongst the abdominal region in which could cause the insulin resistance. Smoking in a normal person increases the likelihood for circulation problems, stroke and heart disease but when someone with a compromised immune system such as T2DM it ca n double the risk for all of these health issues as well as organ failures and dysfunctions. The consumption of alcohol raises the blood sugarShow MoreRelatedCo-Evolving with Our Microbiome1539 Words   |  7 PagesThe idea that humans have power over our health has a long history in American popular culture. We tend to believe we are the masters of our own destiny and can solve the problems of our internal workings according to our will, power of positive thinking, upbeat attitude or a fighting spirit however we cannot ignore our living environment and the organisms that co-exist among us. 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Analysis of Cryptocurrency Marketplace †Free Samples to Students

Question: Discuss about the Analysis of Cryptocurrency Marketplace. Answer: Introduction Cryptocurrency refers to any digital asset that is designed to work as exchange medium using cryptographic methods to secure transactions (Dictionary.cambridge.org 2017). Cryptocurrencies also help in controlling the creation of additional currency units. These are considered to be a part of digital currencies, virtual currencies and alternative currencies. In this report is investigated the increasing use of cryptocurrency. This report analyses the growing industry of cryptocurrencies and the effect of it on the global scenario. The report will discuss the origin of the concept of these currencies and three such cryptocurrencies. In the following report, a paper on Bitcoin by Satoshi Nakamoto is discussed which discusses the origin of cryptocurrencies. This report goes on to draw comparisons on the capabilities and resources needed by personal and commercial users to mine such cryptocurrencies and sheds light on the viability and costs of bitcoin. This report further discusses the t hreat that these cryptocurrencies pose to the financial organizations that deal with hard currency, the ways in which these currencies are put to use by people with a criminal mindset. The report ends with the interest taken by the government of China in cryptocurrencies and implications of the same all around the globe. The cryptocurrency system is decentralized and is produced collectively by the total cryptocurrency system. A group or an individual named Satoshi Nakamoto created the underlying basic technical system of cryptocurrencies (Lemieux 2013). In case of cryptocurrencies, production is gradually decreased until there is a capping on the total amount of currencies circulating in the cloud. There are a number of such cryptocurrencies in use these days like Bitcoins, Ethereum, Litecoins, Auroracoins and many other such currencies. Background discussion based on a paper by Satoshi Nakamoto Cryptocurrency came into the being with the need of trusted third parties in the e-commercial financial transactions other than the existing financial institutions that deal in hard currency. The cost of transactions increase with the mediation cost involved in the transactions. There would be a certain amount of fraudulent practices that are unavoidable in case of electronic payments. The uncertainties of electronic payments can be avoided by making payments using physical currency. In case of electronic payments there must be present a trusted third party. Thus, a transaction medium is needed that allows willing parties the scope of engaging in a direct transaction between themselves without the need of any third party (Bitcoin.org 2017). These electronic payments are made using electronic coins that can be defined a digital signature chain. The coins are passed from owner to owner by digitally signing the previous transaction hash and the public key of the next owner. The payee has the freedom to verify the signatures but not the fact that the coin has not been doubly spent by the previous owner. This problem can be solved only if the parties involved are made aware of all the transaction history. The solution provided to the problem discussed is a timestamp server. The server works by widely publishing the hash of a certain block of things. A system of proof-of-work is needed to implement the distributed timestamp server. This also helps in solving the problem of deciding the representation of majority in decision-making. In case of hacking, a hacker needs to redo the proofs-of-work for all the blocks in order to actual nodes. There should be a properly run network that would track the progress of the node. In case of discrepancies the longer node is followed. There should be incentives for the nodes to remain honest towards the transaction. Any hacker who is greedy for more coins should find playing by the rules more profitable than adopting unfair means. The spent transactions of a certain bock should be removed after regular intervals to ensure saving of enough disk space to continue transactions. There are ways to provide for verification of payments made by a user. The user cannot check the transaction by himself but can find out whether the following nodes have accepted the transaction after linking the transaction to some place in the network chain. The verification of the transaction is deemed reliable as long as the network is controlled by the honest nodes in the chain. It becomes vulnerable if the network is controlled by a hacker. There are at least two outputs for every transaction. One output is dedicated towards payment while the other is used to produce returns towards the sender if there is any. Privacy of transactions can be maintained by keeping some of the publics keys of the transactions anonymous. A separate key pair should be used to prevent transactions to be linked to a common owner. Linking the other transactions could be traced back to belonging to one IP address if the owner of the key is revealed. Capabilities and resources required by small-scale and large-scale cryptocurrency users to mine the currencies In modern times, people find investing in equipment of digital currency mining profitable. They may set up the equipment and then spend months to mine the currencies while waiting for their investment return to set in. There are certain coins that are found to be profitable in terms of cost-benefit of the beginners. The mining of cryptocurrencies may be worth in case of it being a hobby but not for the sake of being a secondary income. Cryptocurrencies may generate a small income of almost a couple of dollars daily. Some of the cryptocurrencies such as Feathercoins, Dogecoins and Litecoins are easier to mine. A significant amount of profit can be earned from cryptocurrency mining only if a huge amount is invested into the business. Mining cryptocurrencies generally aim to provide for bookkeeping of coins. It aims to reward the miners for their accounting services. It tries to keep the miners costs down. There are a few things required for the mining of cryptocurrencies apart from high levels of curiosity on the part of the miner. Coin base A coin base is a database that is free and private (Marian 2013). It is a container that is protected by a password. It stores a miners earnings and keeps a ledger of the transactions held from all over the network. Mining software package A miner needs to have access to a free software package for mining (Cryptosource.org 2017). This mining software must be built of stratum and cgminer. Mining pool membership The miner must have a membership of an online pool for mining. This is a miners community in which miners combine and link their computers to gain an increment in the profitability and stability of income. Currency exchange membership The miner must be a member of an online forum of currency exchange. This would enable them to exchange their conventional cash for virtual coins and vice versa. Internet connectivity The miner needs to be connected to a high speed internet connection that is reliable. An ideal internet connection for mining cryptocurrencies should function at a speed of 2 megabits per second or higher. Hardware setup A miner needs to possess a cool location for setting up the hardware and a cooling system for cooling the computer as and when required. A custom-made computer or desktop is required for mining. It is recommended to abstain from using the current working computer of the miner because the miner may not be able to use the system for any other purposes while the mining is under process. The miner would also need a mining ASIC chip. This chip would provide the accounting services and the mining works. The miner needs a motherboard with three PCI-E slots for video cards (Cryptosource.org 2017). Bitcoins, on the other hand, can be mined by the large scale users only. The mining process involves a series of steps. These steps finally help encouraging the miners to compete with each other to come up with hashes that help meet the needed criteria. The miners of Bitcoin use a specific kind of software to solve mathematical problems. They are issued Bitcoins in exchange for the solved problems. This helps in providing a smarter way of issuing the currency thereby creating incentives for a larger number of people to mine the currencies. Cryptocurrency Introduction date Values Market trends Bitcoin 3rd January, 2009 1 bitcoin = around 4214.41 USD Prices have gone higher since October, 2015 (Worldcoinindex.com 2017). Litecoin 7th October, 2011 1 litecoin = around 51 USD Prices have gone higher since May, 2017 but have been fluctuating in the past 30 days (Worldcoinindex.com 2017). Ethereum 30th July, 2015 1 ethreum = around 292.3 USD Prices have gone higher since April, 2017 but have been fluctuating in the past 90 days (Worldcoinindex.com 2017). Costs and viability of bitcoin mining Bitcoins have been the first decentralized cryptocurrency that has been fully implemented. It is owned or controlled by no one and is open-source (Bitcoin.org 2017). The e-payments through these cryptocurrencies are facilitated based on validation and mathematical proof. Bitcoins can be exchanged for other services, products and currencies and vice-versa. These transactions are direct and take place between two users. Though fast, these transactions are irreversible in nature. These are transparent transactions yet anonymous In the present day scenario, it has become necessary for national banks to develop their own cryptocurrencies. The People's Bank of China, a national bank of China is on its way to become the first nationalized bank to develop as well as run a digital currency of its own. There are reports that suggest the use of some prototypes of the transactions between the national digital currency and some commercial banks of the country. In the present day scenario, though, China is reported to have banned the initial coin offerings or ICOs (Forbes.com 2017). This ban has hurt the local operators mostly. Cryptocurrencies may lead to eradication of the need for the financial organizations dealing with hard currencies (Bollen 2013). An increase in the number of users of cryptocurrencies is expected in near future. Thus it can be predicted that there will be a substantial amount of decline in the number of payments made and received through conventional methods. During recent times, there has been a rise in the number of criminal activities involving cryptocurrencies. Criminals prefer the cryptocurrencies due to the provision of irreversible and private payment windows (Bitcoin.org 2017). PESTEL analysis and Porters Five Forces model The following table provides a PESTEL analysis of Bitcoin, the first decentralized cryptocurrency. Political analysis No government body is in control of this currency. Financial institutions of many countries of the world are barred from accepting these cryptocurrencies (Heid 2013). There are some countries like Canada, United States and EU that are considered Pro-bitcoin. Transactions involving bitcoins are generally allowed between two private parties. Economic analysis Market capitalization of bitcoins extends beyond 0.008% of the global GDP of 78 trillion dollars which amounts to almost 6 billion dollars. There exist 21 million bitcoins in the present days with almost 15359800 of the total number in circulation. The ability of the federal government of conducting monetary policies remain unaffected by the cryptocurrencies (Brenig, Accorsi, and Mller 2015). Bitcoin is widely used in the global market by more than 88000 merchants. Socio-cultural analysis The driving force behind the popularity of the cryptocurrencies is the anonymity of operations (Clarke and Tooker 2017). These cryptocurrencies have wide range of reaches and helps in savings by skipping the cost of processing that can be incurred in the traditional payment methods. The increase in the number of merchants adopting this technology of payment results in the increase of the number of customers availing the same. Technological analysis Block chains or the public ledger of Bitcoins need to be leveraged Environmental analysis An increase in the requirement of computational power is experienced with the growth of demand of the cryptocurrencies. Miners try and find alternative sources of electricity such as the cheap variety of coal in old places of production (Zohar 2015). Bitcoin is associated with 1.5 tonnes of carbon-dioxide emission. Legal analysis Any kind of regulatory measures against Bitcoins are hindered due to the decentralized nature of the cryptocurrency (Chuen 2015). This legal scenario is on its way to change. Many countries like USA, EU and Canada are working on measures to impost regulations on the cryptocurrency usage. In order to sustain itself in the market, a cryptocurrency must follow the five forces model of management by Porter. According to this model, the threats to the business due to new entrants must be removed. The threats due to the substitutes present in the market must also be removed. A business firm must be aware of the rivalry intensity among the other firms functioning in similar businesses. The firm should also keep an eye on the power of bargaining of the customers and the suppliers (E. Dobbs 2014; Rothaermel 2015). Conclusion Despite the issues and challenges faced, the landscape and scope of cryptocurrencies are still on its way of evolution. In the present day, cryptocurrencies are almost in the same footing as the concept of internet was back in the year 1990. The concept is in its formative stages and would need to go through a number of changes to be established as an alternate transaction method for the common man. Bitcoins may have earned the title of the first ever decentralized cryptocurrency but it might not be able to earn for itself the title of one of the major future cryptocurrencies. Despite its shortcomings, the open technology platform of bitcoins has been the forerunner of a smoother and more seamless digital economy globally. References Bitcoin.org 2017. [online] Available at: https://bitcoin.org/bitcoin.pdf [Accessed 3 Oct. 2017]. Bitcoin.org 2017.Bitcoin - Open source P2P money. [online] Bitcoin.org. Available at: https://bitcoin.org/en/ [Accessed 5 Oct. 2017]. Bitcoin.org 2017.Press - Bitcoin. [online] Bitcoin.org. Available at: https://bitcoin.org/en/press [Accessed 4 Oct. 2017]. Bollen, R., 2013. The legal status of online currencies: are bitcoins the future?.Browser Download This Paper. Brenig, C., Accorsi, R. and Mller, G., 2015, May. Economic Analysis of Cryptocurrency Backed Money Laundering. InECIS. Chuen, D.L.K. ed., 2015.Handbook of digital currency: Bitcoin, innovation, financial instruments, and big data. Academic Press. Clarke, C. and Tooker, L., 2017. Social finance meets financial innovation: contemporary experiments in payments, money and debt.Theory, Culture Society. Cryptosource.org 2017.Part 1: Hardware Requirements. [online] CryptoSource. Available at: https://cryptosource.org/mining/hardware-requirements/ [Accessed 5 Oct. 2017]. Cryptosource.org 2017.Part 2: Software Requirements. [online] CryptoSource. Available at: https://cryptosource.org/mining/software-requirements/ [Accessed 5 Oct. 2017]. Dictionary.cambridge.org 2017.cryptocurrency Meaning in the Cambridge English Dictionary. [online] Dictionary.cambridge.org. Available at: https://dictionary.cambridge.org/dictionary/english/cryptocurrency [Accessed 5 Oct. 2017]. Dobbs, M., 2014. Guidelines for applying Porter's five forces framework: a set of industry analysis templates.Competitiveness Review,24(1), pp.32-45. Forbes.com 2017.Forbes Welcome. [online] Forbes.com. Available at: https://www.forbes.com/sites/kenrapoza/2017/09/06/chinas-ico-ban-doesnt-mean-its-giving-up-on-crypto-currencies/#7d3c90767aeb [Accessed 5 Oct. 2017]. Heid, A., 2013. Analysis of the Cryptocurrency Marketplace.Retrieved February,15, p.2014. Lemieux, P., 2013. Who Is Satoshi Nakamoto?.Regulation,36(3), p.14. Marian, O.Y., 2013. Are Cryptocurrencies' Super'Tax Havens?. Rothaermel, F.T., 2015.Strategic management. McGraw-Hill Education. Worldcoinindex.com 2017.Bitcoin price | index, chart and news | WorldCoinIndex. [online] Worldcoinindex.com. Available at: https://www.worldcoinindex.com/coin/bitcoin [Accessed 4 Oct. 2017]. Worldcoinindex.com 2017.Ethereum price | index, chart and news | WorldCoinIndex. [online] Worldcoinindex.com. Available at: https://www.worldcoinindex.com/coin/litecoin [Accessed 4 Oct. 2017]. Worldcoinindex.com 2017.Litecoin price | index, chart and news | WorldCoinIndex. [online] Worldcoinindex.com. Available at: https://www.worldcoinindex.com/coin/litecoin [Accessed 4 Oct. 2017]. Zohar, A., 2015. Bitcoin: under the hood.Communications of the ACM,58(9), pp.104-113.