Music bitcoin
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View all posts by Samantha Hissong February 4, Bitcoin is the most popular cryptocurrency, but the tech it runs on — blockchain — is what has the music business so excited.
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| Tab betting results wa | Did you know that Music in the Mountains is one of the first arts organizations to accept crypto currency donations? Senderoff points out that the music business still has yet to agree on basic concepts like copyright terms and communication between music publishers and Performance Rights Organizations PROs. The problem with innovation is lack of incentives. When you donate music bitcoin to Music in the Mountains, we immediately convert your donation to US Dollars, which means all donations are non-refundable. If I had a crypto address for somebody and we were dealing in direct payments on blockchain, I could send them their royalties in seconds. At its simplest, a cryptocurrency is a digital form of currency that uses mathematical algorithms to verify the security of transactions and allow users to keep their spending anonymous. Music bitcoin the largest NFT marketplace OpenSea has a dedicated catalog for music NFTsindustry insiders say these are some of the most popular music NFT platforms, categorized by the blockchains they are built on: Ethereum. |
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Once you have created your static lightning address or connected your lightning node, add it to your profile and test it out. Then you should be good to go. How To Get Your Music On Wavlake At the moment, musicians can register for an account to upload their music by sending an email to [email protected] You will also need to provide your LNURL mentioned earlier and sign a form saying you are the original artist that created the track.
Once you have been approved, you can then log in to your account and upload your tracks only mp3 format is accepted at this time with any corresponding artwork greater than x px. You can also set the number of free plays that you want on your track before people need to start tipping.
After you have done all this, the track then becomes live on the front page of the site and in your profile so you can start sharing it around: Your tracks appear on your profile What About Listeners? This then generates a QR code that you can scan with your lightning wallet app and the payment is sent instantly.
Listeners do not need to create an account to tip their favourite tunes so this is an added bonus. More Features? His main focus right now is to make sure the basics of payments and tipping are rock solid before adding more features to the site. Those who find auditory pattern-seeking rewarding tend to become music lovers or music makers, two sides of a single coin.
In order to truly grasp the profundity of Bitcoin you need to open your mind, and your ears. Most people never listen. Anyone who has trained as a musician quickly finds out that listening is a skill, and like any skill it can be learned. Musicians also practice, and they practice deliberately. Deliberate practice means showing up every day to put in some effort, specifically on the things you need to improve. This is a big part of what separates amateurs from professionals, and stasis from progress.
At least not yet. They are rational optimists. These two constraints — the challenge of listening and the challenge of difficulty — are what musicians embrace, because constraints are the friction from which progress is born. Practice is the proof-of-work. Early gramophone equipment could make recordings that contained no more than four and a half minutes, so musicians abbreviated meandering works to fit to the phonograph, and today the standard duration of a pop song is four and a half minutes.
This left the network temporarily less secure, as miners looked for friendlier domiciles to plug back in or simply wait and weather the political storm. But because of the automatic 2-week difficulty adjustment, mining Bitcoin quickly became much easier for all existing miners. They were then incentivized to plug in old equipment to take advantage of this, earning more Bitcoin as a reward without needing new capital expenditures.
This caused the hash rate to subsequently increase, compensating for the dropoff and continuing to secure the network in the process. The network is now even more decentralized, since mining is more spread out and not as concentrated under Chinese rule. The network got better. Bitcoin encourages you to see the world as an gameful, adversarial environment that rewards participation, not as a punitive world that requires authorities and protection.
It reframes individual competition as collective cooperation, and invites attacks as invitations for improvement. This is radically different from how most people view the world. It also acts as a kind of center of gravity toward which like-minded individuals coalesce around, like communities of a certain musical genre or style. Musicians play around with tension, dissonance, and difficulty and turn it into something valuable for society.
Bitcoin does the same. But to truly appreciate why that is and how it does it, you need to show up every day and listen. Challenge yourself. It is still too early to tell, but this innovation may turn out to be as influential as those piano keyboards and pinned cylinders, if in fact peer-to-peer platforms like Bitcoin eventually become an important part of the global financial infrastructure, as many people believe.
Why do we like it so much? What purpose does it serve? Thankfully for me these answers, or attempts at answers, are outside the scope of this essay. Something trivial. A curiosity of evolution. Beauty is a motivational force, an emotional reaction alerting us to explore further — it is a particularly potent and intense form of curiosity.
But that simply attempts to explain something from the vantage point of the thing doing the explaining. I would rather leave things with a reminder of where music fits in the larger cultural context and try to understand things from there. The subjects within these categories include physics, chemistry, biology, philosophy, logic, linguistics, literature, history, political science, sociology, psychology, and mathematics.
Back in medieval times they bucketed these subjects into the two overarching categories of the artes liberales called the Trivium grammar, logic, rhetoric and the Quadrivium arithmetic, music, geometry, and astronomy. Bitcoin, too, is comprised of a curriculum of cross-disciplinary studies that could keep a grad student busy for four semesters. They were taken up by people who could afford not to toil all day long.
In other words, to fully embrace the liberal arts you have to have money. Good money. Hard money. In fact, the age we typically associate with an explosion of artistic and creative activity is the Italian Renaissance, which owes much of its wealth and abundance to patrons in and around Florence that were using hard money: the gold florin.
This was in contrast to promissory notes or bills that could be redeemed for such a commodity, but that were separated from the real thing by intermediaries and layers of abstraction. Hard money is respected as a store of value worth holding onto, making it a reliable foundation on which to do calculations for exchange and accounting. The gold florin was highly valued for this reason. The U. People wanted to hold their florins because they kept their purchasing power.
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