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This year Apple announced its newest release of products for the 2021 iMac lineup. The new iMacs now come in a variety of vibrant colors and boast the M1 chip Apple brought to market back in 2020. Across the internet, tech enthusiasts, business analysts, and general consumers all expressed mixed feelings about these new iMacs.

Apple 2021 Colorful M1 iMac

Now that the iMacs have finally started shipping and are in the hands of some people, unboxings are starting to emerge. This gives us a better understanding of who Apple is targeting as the intended user for these iMacs, and whether or not, it’s all hype or real-world value.

MKBHD has a great unboxing and review video for the new M1 iMac you should check out if you’re interested in purchasing one or just want to get an unbiased view from a trusted source other than Apple.

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Electric Planes Coming Sooner Than You Think

Electric planes were once thought to be a futuristic pipe-dream, however, they will become part of mainstream air travel sooner than you think.



Electric Planes Coming Sooner Than You Think

Electric planes were once thought to be a futuristic pipe-dream, however, they will become part of mainstream air travel sooner than you think.

Airlines have always been so dependent on the price of oil, but if we switch to electric planes, they will be less susceptible to changes in fuel prices. Electric planes have been in development for more than a decade now, but they’re finally reaching an age where they could be practical for commercial use.

What is an Electric Plane?

Electric planes are not to be confused with their gas-powered counterparts and are instead powered by batteries or fuel cells that power the electric motors. They offer a variety of benefits over gas-powered planes, such as reduced noise pollution, zero emissions at take-off and landing, and much longer flight times.

Benefits of Electric Planes

Electric planes have several advantages over gas-powered planes such as:

  1. They’re quieter and much cheaper to operate, with no need for oil changes or fickle jet engine parts.
  2. Since electric planes are powered by electricity, the engines are quieter and they don’t produce greenhouse gases as traditional aircraft do. They also don’t use a propeller which means less noise pollution for the environment in general.
  3. Traditional aircraft create so much turbulence that it causes them to have an unpleasant ride for passengers. However, electric planes produce very little turbulence which means it gives passengers a smoother ride and a better experience overall.
  4. Airports will also be able to take advantage of this technology because it will lower their operating costs due to electric planes being more efficient in terms of fuel consumption.

The only downside for the passengers is that the battery life in these planes would be much shorter than traditional planes. However, that may not be a downside at all since it could mean cheaper and more frequent flights for passengers.

Currently, research is being undertaken into what it would take to make them mainstream, including estimates of when the first flight may occur.

Wendover created a very interesting video making the case for electric planes to go mainstream. Definitely worth check it out above!

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Global Chip Shortage

Today there’s a global shortage of silicon chips on the market that can be used in various goods, from consumer electronics to cars.



Global Chip Shortage

Today we are facing a global shortage of silicon chips on the market that can be used in various goods, from consumer electronics to cars. Computer chips, for all their amazing capabilities, are integral to any number of modern products. After all, even refrigerators have ‘brains’ in the 21st century.

Originally, the chip shortage mostly affected car manufacturers. The average modern car contains between 50 and 300 computer chips, while high-end vehicles can have over a thousand microchips providing a plethora of features to the automobile.

These days, most car manufacturers offer a wide variety of gasoline-powered and hybrid vehicles. These cars are designed with advanced features which allow owners to control everything from the vehicle’s performance to fuel efficiency, and even include features like satellite navigation.

The number of semiconductor requests spiked during Q1 2021 due to a worldwide shortage caused by pandemic-led supply chain disruptions. The US Government also imposed sanctions on China which may have added to the issue. To further exasperate the issue, the current chip manufacturing technology has a capacity of about 20 billion chips per year, In 2021, it’s estimated that the global demand will be around 200 billion chips per year.

Coldfusion made a really good video breaking down the global chip shortage issue. Let’s check it out!

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Bitcoin Blockchain Vulnerable to Quantum Computers

Quantum computers have tremendous potential to impact the cryptocurrency blockchains and the way we live, work, and play. 




Quantum Computers Jeopardizes Bitcoin Blockchain

Quantum computers have tremendous potential to impact Bitcoin and any other cryptocurrency blockchains as well as the way we live, work, and play. 

What is a Quantum Computer?

As the name suggests, quantum computing relies on the principles of quantum mechanics to perform calculations at an atomic level. Through the use of these principles, quantum computers are capable of performing tasks with unbelievable speeds that would take conventional computers centuries to process.

Quantum Computer

Quantum computers are different from traditional computers because they use quantum mechanics. They use the principles of quantum physics to process data at rates far greater than any traditional computer system.

A quantum computer is made up of several qubits which can move around as both a particle and wave simultaneously. These qubits can be in multiple states at any one moment in time, unlike the binary system of traditional computers where each bit can be either 0 or 1. This means that many computations can take place simultaneously on one machine with quantum computing than in serial with traditional computers.

What is the Bitcoin Blockchain and how does it work?

Bitcoin is a digital currency and Blockchain is a digital ledger that is used to record all Bitcoin transactions.

How the Bitcoin Blockchain Works

Courtesy ResearchGate

Blockchain technology was created to support bitcoin transactions and it can be used for other types of transactions. It has a lot of advantages that are not present in traditional transaction methods such as credit cards. It serves as an open, shared, and distributed ledger that can be easily accessed by anyone on the internet.

Blockchain provides a decentralized platform where people can make transactions quickly without intermediaries or central authorities. All you need is the public key address which you can find in your browser’s URL bar or from your wallet’s public address.

How can quantum computing jeopardize the Bitcoin Blockchain?

Since the beginning, strong encryption has been used to secure internet transactions, private messages, and data by encoding the information in a way that can only be decoded using a complex mathematical equation. The strength of encryption is often measured by how difficult it would be to break the code. The blockchains that are the core foundation of Bitcoin and all cryptocurrencies rely on mathematical encryption ciphers to ensure the transactions and data communications are secured.

Industry professionals, as well as bad actors, have been trying to find a quick and efficient way to crack the most complex encryption ciphers for years, but there has not been any progress in the field until now.

A quantum computer may be able to solve these math problems much faster than a traditional digital one due to its ability to hold exponentially more information at once. This would pose a direct threat to cryptocurrencies and other digital services that support various industries.

Deloitte has an in-depth analysis worth checking out here:

Quantum computers are still a very new technology and are not currently available to the public. However, the impact they’ll have on our world will be tremendous, and directly change how cryptocurrency, banking, private messaging, data storage, national security and trade secrets are handled.

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