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🔗 EURion constellation
The EURion constellation (also known as Omron rings or doughnuts) is a pattern of symbols incorporated into a number of banknote designs worldwide since about 1996. It is added to help imaging software detect the presence of a banknote in a digital image. Such software can then block the user from reproducing banknotes to prevent counterfeiting using colour photocopiers. According to research from 2004, the EURion constellation is used for colour photocopiers but probably not used in computer software. It has been reported that Adobe Photoshop will not allow editing of an image of a banknote, but in some versions this is believed to be due to a different, unknown digital watermark rather than the EURion constellation.
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- "EURion constellation" | 2016-02-14 | 155 Upvotes 25 Comments
🔗 Sámi National Day
The Sámi National Day is an ethnic national day for the Sámi (Saami) people that falls on February 6, the date when the first Sámi congress was held in 1917 in Trondheim, Norway. The congress was the first time that Norwegian and Swedish Sámi came together across national borders to work on finding solutions to common problems.
In 1992 at the 15th Sámi Conference in Helsinki, Finland, a resolution was passed that Sámi National Day should be celebrated on February 6 to commemorate the first Sámi congress in 1917, that Sami National Day is for all Sámi, regardless of where they live, and on that day the Sámi flag should be flown and the Sámi anthem sung in the local Sámi language. The first time Sami National Day was celebrated was in 1993, when the International Year of Indigenous People was proclaimed open in Jokkmokk, Sweden by the United Nations.
Since then, celebrating the day has become increasingly popular. In Norway, it is compulsory for municipal administrative buildings to fly the Norwegian flag, and optionally also the Sami flag, on February 6. Particularly notable is the celebration in Norway's capital Oslo, where the bells in the highest tower of Oslo City Hall play the Sami national anthem as the flags are raised. Some larger places have taken to arranging festivities in the week around the Sami National Day. The National Day has been included in the almanacs published by the University of Helsinki since 2004. The Norwegian, Swedish, and Finnish authorities recommend general flagging on the day.
By coincidence, February 6 was also the date representatives of the Sámi of the Kola Peninsula gathered annually to meet with Russian bureaucrats to debate and decide on issues of relevance to them. This assembly, called the Kola Sobbar, has been dubbed the "first Sámi Parliament" by the researcher Johan Albert Kalstad. However, the founding of the Kola Sobbar did not influence the choice of the date for Sámi People's Day, as the assembly existed only during the late 1800s and was largely forgotten until the early 2000s.
🔗 Universal Disk Format
Universal Disk Format (UDF) is a profile of the specification known as ISO/IEC 13346 and ECMA-167 and is an open vendor-neutral file system for computer data storage for a broad range of media. In practice, it has been most widely used for DVDs and newer optical disc formats, supplanting ISO 9660. Due to its design, it is very well suited to incremental updates on both recordable and (re)writable optical media. UDF is developed and maintained by the Optical Storage Technology Association (OSTA).
Normally, authoring software will master a UDF file system in a batch process and write it to optical media in a single pass. But when packet writing to rewritable media, such as CD-RW, UDF allows files to be created, deleted and changed on-disc just as a general-purpose filesystem would on removable media like floppy disks and flash drives. This is also possible on write-once media, such as CD-R, but in that case the space occupied by the deleted files cannot be reclaimed (and instead becomes inaccessible).
Multi-session mastering is also possible in UDF, though some implementations may be unable to read disks with multiple sessions.
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- "Universal Disk Format" | 2013-01-20 | 10 Upvotes 10 Comments
🔗 Principal–Agent Problem
The principal–agent problem, in political science, supply chain management and economics (also known as agency dilemma or the agency problem) occurs when one person or entity (the "agent"), is able to make decisions and/or take actions on behalf of, or that impact, another person or entity: the "principal". This dilemma exists in circumstances where agents are motivated to act in their own best interests, which are contrary to those of their principals, and is an example of moral hazard. Issues also arise when companies have an incentive to become increasingly deferential to management that have ownership stakes. As shareholders are dis-incentived to intervene, there are fewer checks on management. Issues can also arise among different types of management.
Common examples of this relationship include corporate management (agent) and shareholders (principal), elected officials (agent) and citizens (principal), or brokers (agent) and markets (buyers and sellers, principals). Consider a legal client (the principal) wondering whether their lawyer (the agent) is recommending protracted legal proceedings because it is truly necessary for the client's well-being, or because it will generate income for the lawyer. In fact the problem can arise in almost any context where one party is being paid by another to do something where the agent has a small or nonexistent share in the outcome, whether in formal employment or a negotiated deal such as paying for household jobs or car repairs.
The principal–agent problem typically arises where the two parties have different interests and asymmetric information (the agent having more information), such that the principal cannot directly ensure that the agent is always acting in their (the principal's) best interest, particularly when activities that are useful to the principal are costly to the agent, and where elements of what the agent does are costly for the principal to observe (see moral hazard and conflict of interest). Often, the principal may be sufficiently concerned at the possibility of being exploited by the agent that they choose not to enter into the transaction at all, when it would have been mutually beneficial: a suboptimal outcome that can lower welfare overall. The deviation from the principal's interest by the agent is called "agency costs".
The agency problem can be intensified when an agent acts on behalf of multiple principals (see multiple principal problem). When one agent acts on behalf of multiple principals, the multiple principals have to agree on the agent's objectives, but face a collective action problem in governance, as individual principals may lobby the agent or otherwise act in their individual interests rather than in the collective interest of all principals. As a result, there may be free-riding in steering and monitoring, duplicate steering and monitoring, or conflict between principals, all leading to high autonomy for the agent. The multiple principal problem is particularly serious in the public sector, where multiple principals are common and both efficiency and democratic accountability are undermined in the absence of salient governance. This problem may occur, for example, in the governance of the executive power, ministries, agencies, intermunicipal cooperation, public-private partnerships, and firms with multiple shareholders.
The relationships between investment managers and corporate management is an especially common example of the principal–agent relationship. There are several drivers of agency problems that affect investment managers of index funds and mutual funds include. First, investment managers receive a fraction of the benefits resulting from stewardship activities while having to handle all the costs. competition among investment managers is can also contribute to agency problems.And, lastly, another driver of agency problems is that investment managers can be heavily influenced by private incentives provided by the managers of corporations.
Various mechanisms may be used to align the interests of the agent with those of the principal. In employment, employers (principal) may use piece rates/commissions, profit sharing, efficiency wages, performance measurement (including financial statements), the agent posting a bond, or the threat of termination of employment to align worker interests with their own.
🔗 NCP, the Predecessor of TCP/IP
The Network Control Program (NCP) provided the middle layers of the protocol stack running on host computers of the ARPANET, the predecessor to the modern Internet.
NCP preceded the Transmission Control Protocol (TCP) as a transport layer protocol used during the early ARPANET. NCP was a simplex protocol that utilized two port addresses, establishing two connections, for two-way communications. An odd and an even port were reserved for each application layer application or protocol. The standardization of TCP and UDP reduced the need for the use of two simplex ports for each application down to one duplex port.
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- "NCP, the Predecessor of TCP/IP" | 2019-11-05 | 45 Upvotes 14 Comments
🔗 Winnie-the-Pooh (Book)
Winnie-the-Pooh (1926) is the first volume of stories about Winnie-the-Pooh, written by A. A. Milne and illustrated by E. H. Shepard. The book focuses on the adventures of a teddy bear called Winnie-the-Pooh and his friends Piglet, a small toy pig; Eeyore, a toy donkey; Owl, a live owl; and Rabbit, a live rabbit. The characters of Kanga, a toy kangaroo, and her son Roo are introduced later in the book, in the chapter entitled "In Which Kanga and Baby Roo Come to the Forest and Piglet has a Bath". The bouncy toy-tiger character of Tigger is not introduced until the sequel, The House at Pooh Corner.
In 2003, Winnie the Pooh was listed at number 7 on the BBC's survey The Big Read.
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- "Winnie-the-Pooh (Book)" | 2019-10-14 | 13 Upvotes 5 Comments
🔗 Programma 101, the first commercial “desktop computer”
The Olivetti Programma 101, also known as Perottina or P101, is one of the first "all in one" commercial programmable desktop calculators, although not the first. Produced by Italian manufacturer Olivetti, based in Ivrea, Piedmont, and invented by the Italian engineer Pier Giorgio Perotto, the P101 has the main features of large computers of that period. It was launched at the 1964 New York World's Fair; volume production started in 1965. A futuristic design for its time, the Programma 101 was priced at $3,200 (equivalent to $26,000 in 2019). About 44,000 units were sold, primarily in the US.
It is usually called a printing programmable calculator or desktop calculator because its arithmetic instructions correspond to calculator operations.
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- "Programma 101, the first commercial “desktop computer”" | 2015-10-15 | 40 Upvotes 9 Comments
- "Programma 101" | 2014-02-02 | 66 Upvotes 17 Comments
🔗 Thunderstone (folklore)
A thunderstone is a flint tool or fossil turned up by farmer's plow that was thought to have fallen from the sky. They were often thought to be thunderbolts. It was not until travelers returned from far-away places where these implements were in use among primitive cultures that the origins of these objects became known. Even then, these travelers' tales received little popular credence.
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- "Thunderstone (folklore)" | 2018-09-15 | 36 Upvotes 3 Comments
🔗 Usury
Usury () is the practice of making unethical or immoral monetary loans that unfairly enrich the lender. The term may be used in a moral sense—condemning taking advantage of others' misfortunes—or in a legal sense, where an interest rate is charged in excess of the maximum rate that is allowed by law. A loan may be considered usurious because of excessive or abusive interest rates or other factors defined by the laws of a state. Someone who practices usury can be called a usurer, but in modern colloquial English may be called a loan shark.
In many historical societies including ancient Christian, Jewish, and Islamic societies, usury meant the charging of interest of any kind, and was considered wrong, or was made illegal. During the Sutra period in India (7th to 2nd centuries BC) there were laws prohibiting the highest castes from practicing usury. Similar condemnations are found in religious texts from Buddhism, Judaism (ribbit in Hebrew), Christianity, and Islam (riba in Arabic). At times, many states from ancient Greece to ancient Rome have outlawed loans with any interest. Though the Roman Empire eventually allowed loans with carefully restricted interest rates, the Catholic Church in medieval Europe, as well as the Reformed Churches, regarded the charging of interest at any rate as sinful (as well as charging a fee for the use of money, such as at a bureau de change). Religious prohibitions on usury are predicated upon the belief that charging interest on a loan is a sin.
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- "Usury" | 2023-03-13 | 25 Upvotes 9 Comments
🔗 The Morris Worm was released 35 years ago today
The Morris worm or Internet worm of November 2, 1988, is one of the oldest computer worms distributed via the Internet, and the first to gain significant mainstream media attention. It resulted in the first felony conviction in the US under the 1986 Computer Fraud and Abuse Act. It was written by a graduate student at Cornell University, Robert Tappan Morris, and launched on 8:30 pm November 2, 1988, from the Massachusetts Institute of Technology network.
Clifford Stoll of Harvard wrote that "Rumors have it that [Morris] worked with a friend or two at Harvard's computing department (Harvard student Paul Graham sent him mail asking for 'Any news on the brilliant project')."
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- "The Morris Worm was released 35 years ago today" | 2023-11-02 | 134 Upvotes 49 Comments