Open Source Video Editing Software to Witness Huge Growth by 2031 Designer Women – Designer Women

marketreports.info delivers well-researched industry-wide information on the Open Source Video Editing Software market. It provides information on the markets essential aspects such as top participants, factors driving Open Source Video Editing Software market growth, precise estimation of the Open Source Video Editing Software market size, upcoming trends, changes in consumer behavioral pattern, markets competitive landscape, key market vendors, and other market features to gain an in-depth analysis of the Open Source Video Editing Software market. Additionally, the report is a compilation of both qualitative and quantitative assessment by industry experts, as well as industry participants across the value chain. The Open Source Video Editing Software report also focuses on the latest developments that can enhance the performance of various market segments.

This Open Source Video Editing Software report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Open Source Video Editing Software market. The Open Source Video Editing Software report presents a broad assessment of the market and contains solicitous insights, historical data, and statistically supported and industry-validated market data. The Open Source Video Editing Software report offers market projections with the help of appropriate assumptions and methodologies. The Open Source Video Editing Software research report provides information as per the market segments such as geographies, products, technologies, applications, and industries.

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Key vendors engaged in the Open Source Video Editing Software market and covered in this report: Meltytech, LLC, OpenShot Studios, LLC, Blender Manual, KDE, Flowblade, Avidemux, Gabriel Finch (Salsaman), Natron, Pitivi, Heroine Virtual, Blender, EditShare, LLC

Segment by Type Linux macOS Windows OthersSegment by Application Video Engineers and Editors Freelancers Artists Hobbyists Others

The Open Source Video Editing Software study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Open Source Video Editing Software market. Further, the report conducts an intricate examination of drivers and restraints operating in the Open Source Video Editing Software market. The Open Source Video Editing Software report also evaluates the trends observed in the parent Open Source Video Editing Software market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The Open Source Video Editing Software report also predicts the influence of different industry aspects on the Open Source Video Editing Software market segments and regions.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the Open Source Video Editing Software industry. The Open Source Video Editing Software research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.

Open Source Video Editing Software Key points from Table of Content:

Scope of the study:

The research on the Open Source Video Editing Software market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitors methodologies. The Open Source Video Editing Software research also segments the Open Source Video Editing Software market on the basis of end user, product type, application, and demography for the forecast period 20222030. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This Open Source Video Editing Software report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Open Source Video Editing Software market.

Open Source Video Editing Software Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

Major highlights of the Open Source Video Editing Software report:

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Open Source Video Editing Software to Witness Huge Growth by 2031 Designer Women - Designer Women

AlmaLinux Build System: What You Need to Know – ITPro Today

AlmaLinux announced on Monday that it has released ALBS (AlmaLinux Build System), which is the platform that the distribution uses to build the AlmaLinux Red Hat Enterprise Linux clone from the corresponding version of CentOS Stream.

Naturally, AlmaLinuxs software will be available under an open-source license, in this case GPLv3. The source code has been available for a while, but now users can access an online software-as-a-service version. However, until role-based access control (RBAC) is in place, access is read only, meaning you can view the source code, see the build system, and look at the build logs for all the packages AlmaLinux has built, but you can't actually use it.

Related: CentOS Stream vs. CentOS Linux: Red Hat Explains the Differences

"Hopefully, in the next month or so, you'll be able to not only view what we did but use the build system to build your own packages," said Jack Aboutboul, community manager at AlmaLinux. "We decided to release it now because there was a CentOS Dojo [event]. We wanted to show it at the Dojo and explain the architecture and how it works."

AlmaLinux Build System in its current read-only mode

The software can also be downloaded and installed locally. While the latter does open the door for organizations or individuals to roll their own RHEL-based distro (or, theoretically, distros based on any other Linux distribution), it's mainly being released to enable DevOps teams to build software for their AlmaLinux installations.

"We built the distro with the system, and we built the updates with it," Aboutboul said. "It's fully operational."

When the RBAC system is ready, he said, ALBS will let users grab packages from their GitHub repositoriesto build packages within their CI/CD pipelines.

The release of the source code and access to a working model aims to help potential AlmaLinux users understand how the distribution is built, Aboutboul said. That is especially important now given the rising threat of software supply-chain attacks.

"People want transparency into what's being built, so we want to make sure that people see that," Aboutboul explained. "Then the next step, which is also something that's coming in the next couple of months, is we also want to implement software bill of materials [SBOM] within the build system. The whole distribution will come with a full software bill of materials, so you'll know exactly what's in where, what's being used, where it came from -- all of that information."

ALBS SBOM support, which is slated to be added by the end of July, will integrate with CodeNotary's Community Attestation Service, which is open-source software designed to help organizations comply with the Biden administrations cybersecurity executive order.

Although ALBS was custom built for AlmaLinux, it was "inspired" by software that CloudLinux (the company that founded AlmaLinux) developed for its eponymous commercial Linux distribution, CloudLinux OS. CloudLinux was initially a hardened version of CentOS that's now based on AlmaLinux and widely used by hosting companies.

"The principles behind [ALBS]were inspired by the way the CloudLinux build system works, but it's not the CloudLinux build system," Aboutboul said. "This is kind of the next generation, which was inspired by the work that they did."

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AlmaLinux Build System: What You Need to Know - ITPro Today

Russians are searching for pirated Microsoft products and switching to Linux as the Western corporate exodus hits software updates and services:…

Many foreign tech firms are ending software updates and services in Russia.Vlad Karkov/SOPA Images/LightRocket/Getty Images

Russia-based web searches for pirated Microsoft software have surged after it halted sales in March.

Some Russians are turning to Linux from Microsoft's Windows operating system.

Russia is reliant is foreign software to power manufacturing and engineering systems.

Russians are searching for pirated Microsoft software online after the US tech giant halted sales in the country over its invasion of Ukraine, the Kommersantnewspaper reported on Monday.

Russia-based web searches for pirated Microsoft software have surged by as much as 250% after the company suspended new sales on March 4, according to Kommersant. In June so far, there's been a 650% surge in searches for Excel downloads, the media outlet added.

Microsoft said earlier this month it's significantly scaling downbusiness in Russia, joining a long list of companies winding down businesses in the country amid sweeping sanctions over the war in Ukraine. The move hits Russia hard because the country relies on foreign software to power many of its manufacturing and engineering tech systems, Bloomberg reported on Tuesday.

Russian government agencies, too, are switching from Microsoft's Windows to the Linux operating system, the Moscow Times reported last Friday. Developers of Russian systems based on the Linux open source operating system are also seeing more demand, Kommersant reported.

Not all sectors are able to swap out their systems easily.

In the case of industries, software is generally embedded into machinery and providers typically don't give clients access to the code, Sergey Dunaev, the chief information officer of steel giant Severstal, told Bloomberg.

"All industries are facing the same problems," Dunaev told the news outlet. "Many processes in modern units are controlled by software."

There are few alternatives available in the short term.

"Russian analogues in this area are much weaker and the need is high," Elena Semenovskaya, a Russia-focused analyst at IDC told Bloomberg. "But for now the approach is to rely on piracy and outdated copies, which is a dead-end and not sustainable."

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Russians are searching for pirated Microsoft products and switching to Linux as the Western corporate exodus hits software updates and services:...

Nintex Earns a 2022 Top Rated Award from TrustRadius for Fourth Consecutive Year – Yahoo Finance

Customers rank the Nintex Process Platform for speed, ease of use, and helping organisations rapidly automate work with business process management, low-code development, and workflow

AUCKLAND, New Zealand, June 29, 2022 /PRNewswire/ -- Nintex,the global standard for process intelligence and automation,today announced that TrustRadius has recognised the Nintex Process Platform with a 2022 Top Rated Award. Nintex received a score of 8.6 based on 351 reviews and ratings from customers, who have shared how they are leveraging the platform to accelerate digital transformation by quickly and easily deploying workflow apps and automating business processes.

The TrustRadius Top Rated Awards, based on customer feedback, have become an industry standard for unbiased recognition of the best B2B technology products.

"Our commitment to the success of every customer focused on accelerating their digital transformationwhether in commercial or government sectorsis unwavering," said Nintex CEO Eric Johnson. "We are honoured to receive this ranking and are proud to support the critical and evolving business needs of more than 10,000 customers worldwide."

The TrustRadius Top Rated Awards, based on customer feedback and established in 2016, have become an industry standard for unbiased recognition of the best B2B technology products. To receive the Top Rated designation products must have at least 10 new or updated reviews in the last 12 months, earn at least 1.5% of traffic for that category, and have a trScore of at least 7.5.

Every day IT teams, operations professionals, business analysts and app developers across departments like HR, finance, customer service, legal, sales and marketing use the Nintex Process Platform to manage, automate, and optimise enterprise-wide business processes using an intuitive design canvas with clicks, not code.

Nintex customer review highlights on TrustRadius include the following feedback:

Eliminate paper-based processes and manual workflows."We use this platform for internal digital forms and workflows. We have converted from very paper-based manual processes. The idea is to build the capability internally and empower teams to automate and build their own forms and workflows. We have started with Promapp as our documentation tool which is easy and intuitive for users."

Supports process optimisation and improvement for all your employees."The Nintex Process Platform [is] utilised throughout the company, from procurement and production to sales and services. This tool makes it simple to improve processes and the performance of company operations. It makes work easier and faster, saving a significant amount of time. This product includes several useful features for simplifying chores. The Nintex Process Platform is incredibly simple to use for first-time users since it has drag-and-drop capability. Excellent file storage is a lifesaver."

Build and automate workflows without extensive training or complex coding. "Nintex Forms are the best way to automate the business processes both administratively and for the end-users. The automated workflows help the supervisor to get requests like leave requests or time off requests from employees through the forms created with Nintex. Manual intervention is not required. Nintex doesn't involve complex coding, therefore, anyone with basic computer skills can create forms on it."

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"Buyers have many Business Process Management (BPM) software options to choose from," said Megan Headly, VP of Research at TrustRadius. "Nintex Process Platform has earned a Top Rated Award in the Business Process Management (BPM) software category based entirely on customer feedback. Reviewers on TrustRadius highlight the Nintex Process Platform's high performance and availability along with its process designer and process simulation features."

Business process intelligence and automation capabilities included in the Nintex Process Platform include: process discovery (Nintex Process Discovery), visual process mapping (Nintex Promapp), workflow automation (Nintex Workflow, Nintex Forms and Mobile Apps), robotic process automation (Nintex Kryon RPA), document automation (Nintex Drawloop DocGen), eSignature (Nintex AssureSign), low-code process automation (Nintex K2 Cloud and Nintex K2 Five), and process intelligence (Nintex Analytics).

Request a live demo of the Nintex Process Platform by visiting https://www.nintex.com/request-demo/

Media ContactLaetitia Smithlaetitia.smith@nintex.comcell: +64 21154 7114

About NintexNintex is the global standard for process intelligence and automation. Today more than 10,000 public and private sector organisations across 90 countries turn to the Nintex Process Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimising business processes. Learn more by visiting http://www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).

Product or service names mentioned herein may be the trademarks of their respective owners.

Nintex is the global standard for process management and automation. Today more than 10,000 public and private sector organizations across 90 countries turn to the Nintex Platform to accelerate progress on their digital transformation journeys by quickly and easily managing, automating and optimizing business processes. Learn more by visiting http://www.nintex.com and experience how Nintex and its global partner network are shaping the future of Intelligent Process Automation (IPA).

Photo - https://mma.prnewswire.com/media/1847632/Nintex_Earns_Trust_Radius_Award_NZ.jpgLogo - https://mma.prnewswire.com/media/700078/Nintex_Logo.jpg

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Nintex Earns a 2022 Top Rated Award from TrustRadius for Fourth Consecutive Year - Yahoo Finance

Beyond Identity Joins GitLab Inc.s Alliance Partner Program to Secure Software Supply Chains From Malicious Attacks – Yahoo Finance

Beyond Identity Inc.

New Integration Cryptographically Binds Access and Code Signing Keys to Valid Corporate Identities and Authorized Devices to Dramatically Reduce Critical Vulnerabilities

NEW YORK and SAN FRANCISCO, June 27, 2022 (GLOBE NEWSWIRE) -- Today, Beyond Identity, the leading provider of unphishable MFA, and GitLab Inc., the provider of The One DevOps Platform, announced a new partnership and integration that enables customers to prevent intentional vulnerabilities from being introduced into DevOps environments and to dramatically reduce the risk of supply chain attacks. The integration between Beyond Identity and GitLab enables companies to ensure that only authorized users working from company-approved and secure computers can access code repositories or sign source code during commit activities. Beyond Identity extends the continued security enhancements and API hooks the GitLab team has released to also add in the unique capability of associating an SSH or GPG key with a known corporate identity. These capabilities are available today.

GitLabs One DevOps Platform supports essential security capabilities, including the ability to use cryptographic keys to control access and sign source code entering the repository. These advanced capabilities are critical to reducing vulnerabilities that most organizations, even advanced shops, currently have in their DevOps environments. This enables organizations to tightly control access to the source and infrastructure code in repositories and gain visibility into exactly who is committing code. In the past, DevOps teams have typically not required this, and in the rare cases where they have, the SSH and GPG keys used to access repos and sign commits are not bound to an authorized corporate identity. Further, there is no way to ensure that engineers work from an authorized and appropriately secure computer. These issues leave the door wide open to malicious code injection attacks.

GitLab continues to stress capabilities and partnerships that help joint customers raise the security of their DevOps tooling as attackers continue to prey on lax security in these environments, said Johnathan Hunt, Vice President of Security at GitLab. We are very excited by the Beyond Identity partnership and the impact their integration can have on enhancing security for GitLab customers.

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Beyond Identitys Secure DevOps solution is designed to prevent credential-based breaches by automating and securing digital access for developers, enabling secure repository access and check-ins. GitLabs focus on security and essential integration hooks enable Beyond Identity to mint SSH and GPG keys that are cryptographically tied to a known and authorized corporate identity and to an authorized computer. This integration enables DevSecOps teams to lock down the repo and ensure that a valid corporate identity signs every piece of code committed to the repo. The integration also allows DevSecOps teams to validate that each piece of code entering the CI/CD pipeline is checked to ensure authorized users signed it typically as the first step in the CI pipeline.

The Secure DevOps integration with GitLab can help with the following:

Stop malicious actors or rogue insiders from injecting malware into source code and protect SaaS, PaaS, and IaaS services and apps from backdoors.

Control repository access and stop introducing unauthorized malicious code to customers (e.g., SolarWinds).

Prevent bad actors and insiders from making network/system infrastructure settings and introducing hard-to-detect vulnerabilities and backdoors by manipulating infrastructure as code now stored in repositories.

Confirm that every piece of source or infrastructure code is signed and cryptographically bound to an authorized user so that organizations have perfect visibility into who contributed to every commit ensuring that issues found by code scanning tools can be immutably tracked to a specific identity.

Ensure that engineers and contractors are using authorized and proven secure computers to access or commit code thwarting attacks by adversaries that prey on poorly secured endpoints.

After SolarWinds, Heroku, and Kaseya, organizations worldwide are digging into how to protect their code better, said Dr. Jasson Casey, CTO of Beyond Identity. This is more important than ever as modern DevOps supports tooling needed to protect both source and infrastructure code. While code scanning tools are an important part of the equation, they dont uncover every vulnerability, and when they do find an issue, organizations have no clear visibility into who contributed the malicious artifact. This partnership enables organizations to shift left and protect access to repositories and provide cryptographic visibility into who makes each change.

About Beyond IdentityBeyond Identity is fundamentally changing how the world logs in with a groundbreaking invisible, unphishable MFA platform that provides the most secure and frictionless authentication on the planet. We stop ransomware and account takeover attacks in their tracks and dramatically improve the user experience. Beyond Identitys state-of-the-art platform eliminates passwords and other phishable factors, enabling organizations to confidently validate users identities. The solution ensures users log in from authorized devices, and that every device meets the security policy requirements during login and continuously after that. Our revolutionary approach empowers zero trust by cryptographically binding the users identity to their devices and analyzing hundreds of risk signals on an ongoing basis. The companys advanced risk policy engine enables organizations to implement foundationally secure authentication and utilize risk signals for protection, rather than just for detection and response. For more information on why Unqork, Snowflake, and Roblox use Beyond Identity, please visit http://www.beyondidentity.com.

All product and company names herein may be trademarks of their respective owners.

Contact:Carol VolkBeyond Identitycarol.volk@beyondidentity.com(212) 653-0847

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Beyond Identity Joins GitLab Inc.s Alliance Partner Program to Secure Software Supply Chains From Malicious Attacks - Yahoo Finance

Open Source Forum Software Market Size Analysis by Competitive Landscape, Brand Players Analysis with Significant CAGR, Trends and Demand Status with…

The Open Source Forum Software reports qualitative and quantitative data focuses on drivers, regional growth, opportunities, influencing trends, and challenges. The report also utilizes various analyzing tools like value chain analysis, supply chain analysis, SWOT analysis, and more. Furthermore, the research study provides cautious information about the significant perspective like affiliation, acquisitions, latest affiliation and various aspects that impacts the global Open Source Forum Software market development.

The key regions covered in the market report are North America (the United States, Canada, and Mexico), Europe (Germany, France, UK, Russia, and Italy), Asia-Pacific (China, Japan, Korea, India, and Southeast Asia), South America (Brazil, Argentina, etc.), Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa). Moreover, The report also focuses on factors that strengthen revenue potential, demand, and consumption patterns in the global market.

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Top Key Players are covered in this report: Discourse, phpBB, Vanilla, SimpleMachinesForum (SMF), bbPress, MyBB, miniBB, Phorum, FluxBB

The report divides the international Open Source Forum Software market by application. By region, by type, and by end user. Each segment of the market is examined broadly to deliver trustworthy knowledge for market investments. The Open Source Forum Software research report reveals the current market norms, latest important revolutions of outcomes, and market players. Hence, this research report will help the customers in the global market plan their next future towards the environment of the markets future. It additionally discusses about the market size and growth parts of different Segments. Studying and analyzing the impact of Coronavirus COVID-19 on the Open Source Forum Software industry, the report gives an in-depth analysis and expert suggestions on how to face the post COIVD-19 period. This market research study presents actionable market insights with which environmental and profitable business approaches can be created.

Regional Assessment: Global Open Source Forum Software MarketThis referential document assessing the market has been compiled to understand diverse market developments across specific regional pockets such as Europe, North and Latin American countries, APAC nations, as well as several countries across MEA and RoW that are directly witnessing maneuvering developments over the years. A specific understanding on country level and local level developments has also been mindfully included in the report to encourage high rise growth declining market constraints and growth retardants.

Global Open Source Forum Software Market by Application:

Global Open Source Forum Software Market by Type:

This Open Source Forum Software market report provides relevant data on acceptable investment possibilities and aids business players in making business-related decisions and launching new items in accordance with those decisions. It then goes on to look at growth rates, market profits and the most important price structure. It also offers forecasts for a range of end-use industries and locales, as well as a complete analysis of major manufacturers.Also, the report aims at performing primary and secondary research to bring several prominent outcomes to guide new entrants to survive in the market.

The optimum data highlighted in the report helps to guide key players enabling them to achieve business goals and growth. Also, the market analysis report divides the market as per product type, end-user and application. It also concentrates on capturing forthcoming opportunities, which will bring huge benefits to the business growth. Moreover, with the help of this market report, key players focus on expanding their business and increasing their product collection. It further helps key players to do strategic adjustments to better understand and accomplish customer demands.

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Open Source Forum Software Market Size Analysis by Competitive Landscape, Brand Players Analysis with Significant CAGR, Trends and Demand Status with...

Nethack is now in the Museum of Modern Art – PC Gamer

Nethack (opens in new tab) is one of the great (and ongoing) gaming projects. It first appeared in 1987 as a fork of a 1982 title, Hack, created by Mike Stephenson, Izchak Miller and Janet Walz. The game operated on an open source principle, where anyone was free to create their own version, but only the members of the DevTeam could change the main source code.

Over time the DevTeam grew with skilled coders from the community and, after more than three decades, has had an unknown number of members. They seem to like the mystery. Over its lifetime NetHack has grown and grown in complexity, somehow juggling its hundreds of emergent elements together, with the DevTeam held up as collective coding gods by the game's devoted community. Browse the NetHack forums and even now you may well come across the initialism TDTTOE: The DevTeam Thinks of Everything.

NetHack's emergent roleplaying isn't like anything else out there, (opens in new tab) nor has its development been. It's a singular project from all angles, and has now received the recognition it deserves. The Museum of Modern Arts began its videogame collection in 2012 (opens in new tab), and at the time mentioned NetHack would eventually be included (though it wasn't in the initial 14 titles chosen). Its time has finally come: NetHack has been added to the Architecture and Design department's collection, and will be displayed as part of the Never Alone exhibition (opens in new tab) from September 10.

The news was shared by coder Jean-Christophe Collet in a blogpost discussing his own early involvement as a member of the DevTeam (thanks, Slashdot (opens in new tab)).

"A long time ago I got involved with the development of NetHack, a very early computer role playing game, and soon joined the DevTeam, as weve been known since the early days," Collet writes (opens in new tab). "I was very active for the first 10 years then progressively faded out even though I am still officially (or semi-officially as there is nothing much really 'official' about NetHack, but more on that later) part of the team."

Collet writes rather amusingly about the different stages of amazement he went through, before thinking about "these 35 years and what they meant to me, the team, the gaming community and, finally the open source community."

NetHack was and remains, as Collet puts it, "one hell of an anomaly," and hugely influential within gaming. But he also notes its pioneering approach in other respects: "It is also one of the first, if not the first software project to be developed entirely over the Internet by a team distributed across the globe (hence the 'Net' in 'NetHack')."

Similarly the DevTeam quickly grew used to accommodating user feedback, "suggestions, bug reports and bug fixes from the online community (mostly over UseNet at the time) long, long before tools like GitHub (or Git for that matter), BugZilla or Discord were even a glimmer of an idea in the minds of their creators."

Collet says he was in his early 20s when he first started working on NetHack, and at this distance can now see he learned "as much, or more" from the project as he did from his then-jobs.

Looking back on everything over the years, knowing NetHack's going to be displayed in Moma, Collet makes an observation to warm any programmer's heart: "I learned that you should always write clean code that you wont be embarrassed by, 35 years later, when it ends up in a museum."

The post ends with Collet's tribute to the fun that everyone involved in making the game has had over its creation:

"We didnt have any lofty goals, we didnt set out to change the world or disrupt anything, we just enjoyed a little game called Hack, came up with ideas that we thought would make it even more fun, worked on these ideas, met like-minded people, and decided to band together. Having a blast all along.

"I am incredibly grateful to have been part of that adventure. It had a huge impact on my life and I am absolutely thrilled to see the game and the team recognised in such spectacular fashion."

There is now a page on Moma's website whose sole purpose is to display a screen of NetHack (opens in new tab) which greets viewers with an unbeatable line: "Hello, Yoghurt! Welcome again to Ermenak's used armor dealership!"

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Nethack is now in the Museum of Modern Art - PC Gamer

Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K – Cointelegraph

The crypto market is currently going through a period of heightened volatility as global economic conditions continue to worsen amid a backdrop of rising inflation and interest rates.

As the headwinds impacting global financial markets beat down all traces of bullish sentiment, many crypto investors are predicting that Bitcoin (BTC) price could drop to as low as $10,000 before a market bottom is found.

While many traders scoffed at the idea of BTC falling below its 2017 all-time high, the recent dip to $17,600 suggests that this bear market could be different from the last one.

Heres what several analysts are saying about the possibility of Bitcoin falling to $10,000 in the next few weeks.

Insight into how BTC may perform in the short-term can be gleaned by looking at its performance during the bear market cycles of 2013 and 2017. In 2013, the maximum drawdown for Bitcoin was 85%, which took place over a period of 407 days. The maximum drawdown in 2017 was 84% and this period lasted for 364 days.

According to a recent report by Arcane Research, the current drawdown has been going on for 229 days and has thus far seen a maximum drawdown of 73%.

Arcane Research said,

While there is always a chance that an 85% pullback is a possibility, Arcane Research also noted that Bitcoin is now far more intertwined in the broad financial markets, with the Fed, U.S. elections, crypto regulations and stock market impacting its performance.

Further evidence that supports the possibility of a drop to the $10,000 range was touched upon by cryptocurrency research firm Delphi Digital, who posted the following chart noting that From a high timeframe market structure perspective, the next place we have to be looking at is $10K$12K.

Based on the chart above, the high timeframe market structure support is likely to exist between $9,500 and $13,500.

Delphi Digital said,

Not every analyst expects a drop to $10,000. Take for example, Will Clemente of Blockware Solutions. According to Clemente, Bitcoin's current range reflects a good spot for accumulation.

Additional data from Glassnode shows thatBitcoins 200-week moving average, balance price and delta price in its bear market floor model align with the 0.6 Mayer Multiple metric analyzed by Clemente.

Glassnode said,

Based on the Delta price metric, which still remains untouched, the potential low for BTC is $15,750.

Related: Bitcoins short-term price prospects slightly improved, but most traders are far from optimistic

John Bollinger, the creator of the popular Bollinger Bands trading indicator also suggested that Bitcoin price may have bottomed.

According to Bollinger:

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.

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Key Bitcoin price metrics say BTC bottomed, but traders still fear a drop to $10K - Cointelegraph

Is Bitcoin Dead? Here Is What The Fundamentals Are Showing – Forbes

The price of Bitcoin BTC is down 55.55% year-to-date and that has led to the speculation that it is dead and its price will never recover. In the past year, it has fluctuated between a high of $68,789 and a low of $17,708, supporting its extreme volatility and giving Bitcoin critics ample evidence to support their claim that Bitcoin is no longer viable.

A Uber Eats currier wearing a protective mask passes in front of a Bitcoin exchange shop in Krakow's ... [+] city center. On Saturday, April 18, 2020, in Krakow, Poland. (Photo by Artur Widak/NurPhoto via Getty Images)

According to Bitcoin content website 99 Bitcoins, 17 credible news sources and celebrities have announced that Bitcoin is dead in 2022, with the latest article coming from American Left-based magazine Jacobin.

If the price of oil -another commodity- crashed by 55.55% in six months, would you say that oil is dead? Any reasonable stakeholder in the oil market would consider the fundamentals of the oil market, such as demand, supply, government policies, competing energy sources, and so on. If all of the factors turned out to be relatively positive, the price drop would begin to look like an opportunity. So, what are the most important Bitcoin fundamentals to keep in mind?

This refers to the total amount of computing power used by the Bitcoin network. It assists Bitcoin stakeholders in estimating the network's level of decentralization and security. According to digital assets company Blockchain.com, the Bitcoin hash rate has been in a bullish trend and it reached an all-time high on June 12, 2022.

This indicates that the amount of computing power dedicated to supporting the Bitcoin network is trending close to its all-time high and that the Bitcoin network has never been more secure.

When Bitcoin's price fell below $20,000 two weeks ago, some miners were mining Bitcoin at a loss, according to cryptocurrency ranking platform CryptoRank.io. That is, the cost of mining one Bitcoin was significantly higher than the price of Bitcoin. So, why would miners push the hash rate to an all-time high when the value of each Bitcoin mined was close to or less than the production cost?

Bitcoin's supply is limited to 21 million coins. The total supply of Bitcoin, however, is slightly more than 19 million, with the remaining two million yet to be mined. Around one million bitcoins mined by Satoshi Nakamoto have never left their initial wallet and are assumed to be locked forever.

People have misplaced the private keys to their Bitcoin wallets over the years. If the keys are never recovered, the Bitcoin stored in those wallets may be lost forever. This means there are a lot more Bitcoins out of circulation. This makes Bitcoin the hardest asset to obtain because it is costly to produce more (read mining), and there is a hard market cap of 21 million.

Institutional adoption of Bitcoin is on the rise, and more institutions are looking to add some level of Bitcoin exposure to their balance sheets. This is an indication that supply is going to get tighter.

This refers to a second layer built on the Bitcoin network that allows Bitcoin transactions to take place outside of the blockchain. It speeds up transactions and reduces transaction costs. The Lightning Network solved Bitcoin's scalability issue. The world can use the Lightning Network to execute millions of Bitcoin transactions per second and make micropayments at extremely low transaction fees.

According to Arcane Research's The State of Lightning Volume 2 report, the Lightning Layer is rapidly becoming the technology behind Bitcoin becoming the internet's native currency, as the number of users grows exponentially and the number of lightning transactions approaches 4,000 Bitcoin.

Paco De La India, an Indian travelling to 40 countries in 400 days using only Bitcoin, is one of the best examples of the Lightning Network's power. He is currently on day 282 and frequently uses Bitrefill to spend Bitcoin on the Lightning Network. Bitrefill is a fintech company that allows you to buy products and pay for services by taking your Bitcoin equivalent and paying the vendor in their native currency.

Governments all over the world are softening their stance on digital assets and putting in place regulatory frameworks to capitalize on this technology. While some governments, such as El Salvador and the Central African Republic, are pursuing full-scale adoption, others are simply regulating cryptocurrency exchanges and taxing cryptocurrency gains.

The most notable regulations are Australia's two spot Bitcoin ETFs (exchange traded funds), Binance's Dubai license, The Purpose spot Bitcoin ETF in Canada, and the European Union's current legislative package to govern digital assets.

A majority of corporations that are looking to add Bitcoin exposure to their balance sheet are not able to do so because of their respective governments ban on Bitcoin transactions or lack of a regulatory framework.

As more jurisdictions lay down a regulatory framework for digital assets, more institutions and individuals will have the confidence and proper structures to adopt Bitcoin and other digital assets.

The above-mentioned factors havent reasonably changed negatively to support a massive price drop. There are other factors affecting Bitcoin such as the correlation with equities, that could be used to explain the massive price drop, but the fundamentals relating to the Bitcoin network and its uses seem to be improving over time. Clearly, the factors discussed above indicate that Bitcoin is not dead.

Cryptocurrency exchanges may also have contributed to the massive price drop by practicing rehypothecation and selling paper bitcoin to unsuspecting clients. The recent moves by major crypto exchanges limiting clients' ability to withdraw their assets indicate that clients claims on exchanges are higher than the assets held by the exchanges.

Disclosure: I own bitcoin and other cryptocurrencies.

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Is Bitcoin Dead? Here Is What The Fundamentals Are Showing - Forbes

Bitcoins bottom might not be in, but miners say it has always made gains over any 4-year period – Cointelegraph

Your favorite trader is saying Bitcoin (BTC) bottomed. At the same time, the top on-chain indicators and analysts are citing the current price range as a generational buy opportunity. Meanwhile, various crypto and finance media recently reported that Bitcoin miners sending a mass of coins to exchanges are a sign that $17,600 was the capitulation move that pins the market bottom.

Theres so much assurity from various anon and doxed analysts on Crypto Twitter, yet Bitcoin price is still in a clear downtrend, and the metrics dont fully reflect that traders are buying every dip.

A critical component of BTC price that many investors often overlook is the condition and sentiment of Bitcoin miners, which is exactly why Cointelegraph had a chat with Rich Ferolo of Blockware Solutions and Will Szamosszegi of Sazmining Inc. to gain clarity on whats happening in the mining industry and how this might impact market sentiment going forward.

Cointelegraph: Is the bottom in for Bitcoin? The price touched $17,600 nearly two weeks ago and its starting to feel like the fund-driven capitulation armageddon might be over. Thoughts?

Will Szamosszegi: Its impossible to say whether or not Bitcoin has hit a bottom. In general, I recommend a dollar-cost-averaging strategy to people: Just buy however much Bitcoin you feel comfortable with on a consistent schedule. Weve seen drawdowns even bigger than this before such as 93.7% in its early days and 83.4% in 2018. Bitcoin has always made gains over any four-year period in its history.

CT: Currently, Bitcoin is trading below the realized price and below miners cost of production. The price also dipped below the previous all-time high and the hash rate is dropping. Typically on-chain analysts pinpoint these metrics hitting extreme lows as a generational purchasing opportunity, but is it?

Rich Ferolo: Blockware has done a lot of research on this and weve calculated the breakeven price from machines as far back as the s9 from 2016, at $.07 per kilowatt, the breakeven is $38,000 for a s9. Youre going to see older machines coming off the network eventually. For the s17s, at $.07 cents per kilowatt, BTC needs to be at around $18,000.

Newish machines are more efficient and while difficulty and the hash rate adjustment are trending down for current generation machines, anything above 90 terahashes (TH/s) can make it. Anything below 34 watts per Terahash is inefficient.

One factor to consider is that the value of machines is going down. Even if BTC price starts to go up and theres a symbiotic relationship between price and the macro factors impacting Bitcoin price and prices throughout the wider-crypto market.

Machines are hard assets and the big aspect of mining is the machine. Bitmain and MicroBT adjust prices as BTC price goes up. This is a hard asset that, in a way, earns yield on a daily basis, the same way that BTC does.

If youre in the long game, you dont care about the current price of BTC. Just because the BTC price goes down doesnt mean all the miners will go down also. Its more about survival of the fittest. You need to be aware of the macros, but its not as bad as one might think. There are different perspectives and situations depending on what size outfit youre running. Big public companies have a lot of operational factors to consider, but their operational costs (OPEX) inflate their overall cost even if they get $.05 per kilowatt. Their model is different from the analytics of the average miner outside of the public user.

CT: What is the state of the BTC mining industry right now? There are rumors that leveraged miners could go under, inefficient miners are turning off and equipment is being sold 50% to 65% lower than 2020 to 2021 prices.

Whats happening behind the scenes and how do you see this impacting the industry for the next six months to a year?

RF: I agree with all of your observations. Were at a price consolidation point currently and the market is cleaning up the amount of mining debt that exists. If you can hang on and keep mining, it might keep the hash rate and difficulty at bay. Blockworks believes that there is a severe lack of infrastructure in the space. To have infrastructure, you have to have an incredible amount of CAPEX to get going. Theres been and still is a lack of infrastructure.

Regardless of the machines that are there, theres not a lot of space for hosting. From the broader standpoint, youre going to see a lot of capitulation, insolvency and excess machines. I know a lot of the big players are putting a pause on funding for miners. Thats a plus for people wanting to get in the space, but we predicted a 60% hash rate increase in 2022 when things were booming. And, as the s19XPs come into light, the hashrate will go up.

WS: Many veterans in this space have grown accustomed to these cycles in the Bitcoin ecosystem. Historically, you see the hashrate decline following the price doing the same. In drawdowns like this one, newer miners typically wash out, while the network fortifies. Over the next six months, mining will become more competitive, as bigger players may consolidate and buy miners at a discount.

CT: Exactly why is now a good or bad time to start mining? Are there particular on-chain metrics or profitability metrics that miners are looking at or is it just a no-brainer that Bitcoins current pricing makes mining attractive?

Lets say I have $1 million cash, is it a good time to set up an operation and start mining? What about $300,000 to $100,000? At the $40,000 to $10,000 range, why might it not be a good time to set up at home or use a hosted mining service?

RF: Regardless of the size of the investment, I dont think any of those values frankly would warrant you wanting to set up infrastructure at scale. A million bucks worth of machines at $5,000 per machine will get you 200 machines, almost a 0.6 megawatts worth. 1 megawatt of power is equal to 300 machines. Housing 200 machines is way different than housing 2 to 10 machines. To diversify $1 million to $300,000, or 60 machines, thats where you want to start looking at hosting, assuming youre all in on mining.

I treat mining as a hedge, so Id take 60% of the capital and buy machines and 40% buy spot BTC, or 60% CAPEX for machines, 20% for OPEX and 20% for spot BTC. This is a broader place to think about hosting. $100,000 gets you 20 machines, so you could apply the same strategy. Most residential homes cant handle that much power demand. Theres a threshold of at-home mining power capacity so youd have to consider how much power you can get to your house without shutting down the neighborhood.

The $10,000 to $40,000 range is more amenable to at-home mining. If your power rate is fixed at $.10 or below you could pull it, depending on where the price is. $40,000 will get you about eight machines. Thats more doable, to be honest. Its about 24.4 kilowatts per hour for eight machines if you start from four to five machines and test the waters. Its almost like dollar-cost-averaging into machines and buying them if prices continue to drop.

Related: Buy Bitcoin or start mining? HashWorks CEO points to attractive investment yield in BTC mining

CT: Does BTC price dropping below its all-time high for the first time ever have any significant future ramifications on the fundamentals of the asset and industry?

WS: The fundamentals of BTC are unchanged, which is why I still expect BTC to evolve into a global reserve asset. The industry, on the other hand, will learn from this crash: Do not be overleveraged and do not offer yields that leave you vulnerable.

RF: Great question, I think from where were at now, it was expected based on where people (retail) had bought in the previous cycle. Smart money expected a long bear market to happen, but what has shocked everyone is when and how fast it happened. The mysterious long-awaited blow-off top never happened.

Crypto has a lot more exposure and a lot more bad press due to recent implosions and well see more because the news loves bad press and its easier to generate. For those who believe in BTC, theyll ignore it and it's the opportune time to buy and invest in the space, especially once all the bad energy is cleared out.

Lots of people have probably sold the bottom and wont be back, but this is just the basic market dynamics.

CT: The networks next reward halving is approaching in 676 days. In your view, how will this alter the landscape of industrialized mining and the amount of equipment required to solve an algorithm which becomes more difficult to compute with each halving?

RF: Halving events tend to induce miner capitulation. Im surprised that the current hash rate hasnt fallen further. Were not seeing the sharp decrease that was expected before like 20% to 25%. This happens because older-generation machines have to unplug and the rewards dont match the cost but the expected hash rate increase that comes with each halving means older-gen machines benefit in the short term. Miners unplug when OPEX is unfavorable and then plug back in when the time is right.

WS: Miners will want to reduce their costs, as half the reward in Bitcoin may render many mining operations unprofitable (assuming a constant Bitcoin price in United States dollars). Mining equipment will continue to improve in efficiency and miners will continue to seek out the most cost-effective energy sources. Halving is one of the many genius features of the Bitcoin network because it washes out inefficiencies.

Disclaimer. Cointelegraph does not endorse any content of product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

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Bitcoins bottom might not be in, but miners say it has always made gains over any 4-year period - Cointelegraph