Journey Into The Unknown

Imagine a scenario in which your computer works like your brain. I mean, instead of operating on boring bits of 1's and 0's, which we all know, your computer functions on spikes much like our "neurons" in the brain. Don't worry these computers are not being built by pieces of our brains(probably a good plot for a post-apocalyptic movie) but instead modelled on the basic phenomena in which our brains work. If this all seems too sci-fi for you, be prepared to be amazed. Although this field may seem to be new, it has been in existence since the 80s. Fun fact, before the usage of digital logic in computer systems, there was significant research going into the development of analog computers. The key difference between analog and digital is that digital basically works on low and high levels, while analog works over a range of values. Anyway, the reason for mentioning this is that analog computing forms a significant part in neuromorphic computing. In fact, neuromorphi...

 Recently, I have been reading about bitcoin, and what caused my fascination was the idea of a decentralized currency. A decentralized currency, in simple terms, is a currency not regulated by a single authority such as the government. Everybody has the right to produce this currency and use it. It ensures that no one can take away your right to use the currency as you wish.  Before we delve further, let's understand the meaning of inflation. Let's say that today around 100 rupees are in circulation worldwide. You own 10 rupees, so effectively, you own about 1/10 of all the rupees in the world. The next day the money printing agency prints another 100 rupees and pushes it into circulation. This money is moved into circulation by various institutions. You still have 10 rupees, but now you own 1/20 of all the rupees in circulation worldwide. In essence, your net worth has decreased. This is, of course, a simplified version of what happens and explaining inflation would require m...