Moore's Law -- putting more and more transistors on a chip -- accelerated the computing industry by so many orders of magnitude, it has (and continues to) achieve seemingly impossible feats. However, we're now resorting to brute-force hacks to keep pushing it beyond its limits and are getting closer to the point of diminishing returns (especially given costly manufacturing infrastructure). Yet this very dynamic is leading to "a Cambrian explosion" in computing capabilities… just look at what's happening today with GPUs, FPGAs, and neuromorphic chips. Through such continuing performance improvements and parallelization, classic computing continues to reshape the modern world.
But we're so focused on making our computers do more that we're not talking enough about what classic computers can't do -- and that's to compute things the way nature does, which operates in quantum mechanics. So our smart machines are really quite dumb, argues Rigetti Computing founder and CEO Chad Rigetti; they're limited to human-made binary code vs. the natural reality of continuous variables. This in turn limits our ability to work on problems that classic computers can't solve, such as key applications in computational chemistry or large-scale optimization for machine learning and artificial intelligence. Which is where quantum computing comes in.
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The a16z Podcast discusses tech and culture trends, news, and the future -- especially as ‘software eats the world’. It features industry experts, business leaders, and other interesting thinkers and voices from around the world. This podcast is produced by Andreessen Horowitz (aka “a16z”), a Silicon Valley-based venture capital firm. Multiple episodes are released every week; visit a16z.com for more details.
After partnering with Wirex, the company was able to add XRP token support to its Visa card. Subsequently, the number of sign-ups and transactions on the platform had a considerable boost.
The very fine qualities of XRP continue to pull users and firms towards itself with the latest addition of Bitcoin Superstore. Earlier this year, Brad Garlinghouse, the CEO of Ripple said the only way of XRP decoupling from Bitcoin influence is through mass adoption.
This movement has supported the saying that the token has more utility than predicted and in fact the firm pushed up ahead and donated millions for humanitarian causes and charity. The first feedback was not that big, however judging from the most recent development Ripple is enjoying the last piece of the cake.
With the above announcement by Bitcoin Superstore via their twitter handle, users can almost in an instant complete settlements with XRP while purchasing from different retail outlets. These outlets being the leading ones like eBay, Amazon and others. If you choose to go for this option remember that XRP in the past has given out results of being cheap for both the merchant offering to accept the token and the user.
Or, even shorter, build a massive, level playing field in which assets can compete to bridge payments, then try to make XRP a winner on that playing field.
This is an ambitious, maybe even crazy, plan. But Ripple has raised tens of millions of dollars, has over a hundred full time employees, and our successes to date speak for themselves. That is, of course, no guarantee of success.