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      "body": "![](https://cdn.steemitimages.com/DQmWingdd2joHwNM989TwfG3mbWP5F2mkcxinJ36HZ88jrA/image.png)\n\n## You are what you binge\nYou know those really old-school moms who guilted their kids into cleaning their plates by shrilly reminding them that “there are children starving in Africa”?\n\nHow about those even more intense moms who said that wasting even one grain of rice was an insult to her, since she cooked it, “And to your father, who worked for it! And to the farmer, who grew it! And to the sun, and water, and soil, who nurtured it! Eat your damn rice!”\n\nWell, I’m about to get old school on you about your YouTube binges. You have to appreciate the sheer accessibility of cat videos, because there are plenty of children all over the world deprived the privilege of looping “Despacito” ad nauseum, and I’ll tell you why. There was figurative sun and soil and sweat involved in those videos and any true binger would stand in awe at the mighty circle of life that “Charlie bit my finger!” really represents.\n\n## Know your tech\nWhen was the last time you thought about the technology behind your binge-watching? Behind your ability to watch puppies play with piglets on long morning bus commutes? Did you know that all of those moments of joy are brought to you by video rendering?\n\nWhen a computer takes code, and uses that code to display an image, that’s rendering. There are a many different types of rendering. You might remember older kinds, which resulted in laggy videos and suspenseful pauses as the video processed.\n\nThese days, you probably experience advanced rendering, which enables videos to process ahead of time, so that you get accurate, uninterrupted video in real time.\n\n![](https://cdn.steemitimages.com/DQmW2puXDsi4CAkEDuKvNKW1mYWsKWG6GeZej1AYT1o9Ysc/image.png)\n\nAlright, so we get what rendering is, but how does this all go down on your computer?\n\nIt all comes down to this scrappy little thing called a GPU — graphics processing unit. This is a tiny computer chip that’s super pro at multi-tasking.\n\nPicture your GPU like the many-armed goddess Kali, except instead of holding weapons, fire, and a severed head, your GPU holds your memes (images), your trolling gifs (animations), and your Netflix (video), too.\n\n![](https://cdn.steemitimages.com/DQmebBtYT25g37k2My2sWJb7XTraFQXDPwp4nGet5TSRgXy/image.png)\n\nIn fact, just by looking at that GIF, your GPU is working right now. A little. GPUs can handle a lot, and they’re much faster than other approaches.\n\nAll of that alone should be enough to make you say a word of thanks to the engineering wizards that enabled your Lord of the Rings extended edition marathon.\n\nBut for movies like that, or animated movies like The Incredibles, you need 3D rendering. This is what makes stored 2D images come alive with shadows, textures, and effects.\n\n\n\n3D rendering works by taking flat 2D shapes, manipulating them, and applying 3D traits like lighting and environment in processing. CGI is a popular form of 3D rendering because it’s a lot cheaper than other rendering services and is way cheaper today than it used to be.\n\n## What might have been\nIf you’re a creative type, you have to be extra grateful for the rendering tech we have today. Think back to the era of black and white, or even silent films, and remember what limitations those directors and artists had.\n\nFor sure they created some amazing art, but imagine what they may have thought of if they had the tools and technical capabilities of filmmakers today. What would Orson Welles or Alfred Hitchcock have dreamed up in 2018?\n\nFilm has changed forever; not just because of the technology available to capture a production, but because of how effective video rendering is when editing, processing, and transferring a movie to the big screen, or to your screen at home. What’s next for video, and what tech will make it all possible?\n\n![](https://cdn.steemitimages.com/DQmZb9nXVcrnY4XNzqdUwSJcRuGGk3QnrrxL33AQFUQyoSY/image.png)\n\nJust remember that it’s not movie magic — there are a lot of hard-working, brilliant engineers and programmers out there working tirelessly to feed you that Great British Bake Off episode on demand! Binge on!\n\nThanks for read !\n\nCopied from :- https://thenextweb.com",
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      "body": "![](https://cdn.steemitimages.com/DQmTSaZYhkR5N7Efm7h8zTYFzHTCeQkZKJyaNjdNhTgNNuE/image.png)\n\nSince 2017, SEC has turned down at least three bitcoin ETF applications (including the Winklevoss twins on two occasions) from different groups citing specific reasons for such denials. This has not stopped the surfacing of new applications. Just last month three groups that have been turned down before (CBOE, VanEcK and SolidX) returned with revised applications.\n\nThis latest development has reignited the influx of opinions and predictions to how necessary the ETF is to bitcoin and the possible effects of any form of approval of such. While some experts do not see the necessity of an ETF for bitcoin, others believe that is will be a major catalyst for the next big move and possible establishment of the cryptocurrency in the mainstream.\n\nHere are the opinions of a few experts who told CCN how much they believe an ETF will affect the development of bitcoin.\n# An Interesting Idea\nFounder of Netcoins, Michael Vogel sees the possibility of a bitcoin ETF as “an interesting idea” even though he does not think that such is crucial to bitcoin’s long term success.\n\nAccording to Vogel, many see an ETF approval as another step forward to legitimizing bitcoin in the eyes of Wall Street and the world of traditional finance because it would ultimately put bitcoin (as a trading instrument) in the hands of conventional traders. However, he believes that it would also denote a significant step forward in terms of the comfort level that regulators display around cryptocurrency, given the extreme hesitancy around past ETF applications.\n\n“A large ETF would likely have a significant impact on bitcoin prices as well, not just due to trading volume but simply because of the volume of bitcoin that it would remove from the liquid trading market (because the BTC would need to be permanently held by the ETF corporation)”.\n\n# Absolutely Not Necessary![](https://cdn.steemitimages.com/DQmaSU2ngX6Kkb3xFShULESJr3kk7xNa8X75tUi3rx4bUJg/image.png)\nbitcoin ETFs could attract more attention from Wall Street and retail investors alike, but some experts say they aren’t necessary to the asset’s long-term success.\n\nAnother expert who aired her view on the developing event is the founder of Trezor and business strategy advisor for crypto companies, Alena Vranova.\n\nIn Vranova’s opinion, an ETF is absolutely not necessary for the development of bitcoin. However, she notes that it will open doors to a substantial mass of new investors who believe that some kind of regulatory approval makes bitcoin legitimate. Vranova indicates that in the short-term, bitcoin will benefit from a positive publicity and the price will probably skyrocket, even as she advised hodlers to ensure the security of their coins.\n\nShe said:\n\n“Everyone who wants to hodl on, please make sure your bitcoin is safe against hackers, because their interest will skyrocket too. I’d recommend to abandon any custodian service, set up some of the proven hardware wallets (TREZOR or Ledger), set up a non-custodian multisig wallet (such as CASA) and read Pamela Morgan’s book on crypto asset inheritance.”\n\n# Nothing Spectacular\nFor Dana Coe, Partner at CryptoCrest, an ETF is simply any fund (mutual, hedge, whatever)traded on a listed exchange.\n\nHe explains that ETFs are mostly trading SEC- or CFTC-regulated assets and, right now, many or most cryptos are neither. Consequently, a fund trading them would have to register its shareholders’ interests in the fund as securities but the traded assets are unregulated. This may add to the reticence of the SEC to allow such a thing.\n\nCoe continued by noting that as far as the importance of an ETF to bitcoin, what would really be a good way around is for funds that use large broker-dealers to sell membership interests in whatever fund type they have. So it wouldn’t be an ETF, but the funds themselves could have their membership interests be bought through Vanguard or similar.\n\n“In the end that’s how it works anyway – difference being they aren’t listed on an exchange,” concluded Coe.\n\nWhile the ecosystem awaits the new September appointment by SEC in making a decision on the ETF applications, investors and other bitcoin users will continue to ponder on both the long- and short-term effects that may arise. No matter the outcome, the increase in awareness and interest in bitcoin is becoming more certain. Also, with the various development across the entire blockchain ecosystem, improved robustness and industrial stability is becoming more obvious.\n\nImages from Shutterstock\n\nCopied from https://www.ccn.com",
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