A smart contract is a computer protocol intended to digitally facilitate, verify, or enforce the negotiation or performance of a contract. Smart contracts allow the performance of credible transactions without third parties. These transactions are trackable and irreversible.
Proponents of smart contracts claim that many kinds of contractual clauses may be made partially or fully self-executing, self-enforcing, or both. The aim of smart contracts is to provide security that is superior to traditional contract law and to reduce other transaction costs associated with contracting. Various cryptocurrencies have implemented types of smart contracts.
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Smart Contract
Cold Turkey
Cold turkey refers to the abrupt cessation of a substance dependence and the resulting unpleasant experience, as opposed to gradually easing the process through reduction over time or by using replacement medication. The term comes from the piloerection or ‘goose bumps’ that occurs with abrupt withdrawal from opioids, which resembles the skin of a plucked, refrigerated turkey.
Sudden withdrawal from drugs such as alcohol, benzodiazepines, and barbiturates can be extremely dangerous, leading to potentially fatal seizures. For long-term alcoholics, going cold turkey can cause life-threatening delirium tremens, rendering this an inappropriate method for breaking an alcohol addiction.
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Sandman
In Scandinavian folklore, the Sandman is a mythical character said to sprinkle sand or dust on or into the eyes of the child at night to bring on sleep and dreams.
The grit or ‘sleep’ (rheum) in one’s eyes upon waking is the supposed result of the Sandman’s work the previous night. Rheum, also known as gound, is a thin mucus naturally discharged from the eyes, nose, or mouth during sleep.
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Legend Tripping
Legend tripping is a name bestowed by folklorists and anthropologists on an adolescent practice (containing elements of a rite of passage) in which a usually furtive nocturnal pilgrimage is made to a site which is alleged to have been the scene of some tragic, horrific, and possibly supernatural event or haunting.
While the stories that attach to the sites of legend tripping vary from place to place, and sometimes contain a kernel of historical truth, there are a number of motifs and recurring themes in the legends and the sites. Abandoned buildings, remote bridges, tunnels, caves, rural roads, specific woods or other uninhabited (or semi-uninhabited) areas, and especially cemeteries are frequent sites of legend-tripping pilgrimages
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Enchroma
Enchroma lenses are glasses designed to improve and modify some aspects of color vision deficiency for color blind people. Glass scientist Dr. Donald McPherson invented Enchroma glasses by accident. He originally invented this type of lens to protect surgeons during laser operations. In 2002 at the Ultimate Frisbee tournament in Santa Cruz, California McPherson lent a pair to a friend who was color blind. His friend saw colors he had never seen before.
McPherson started studying color blindness, and with Andrew Schmeder founded the company EnChroma Inc. in 2010 to sell glasses that compensate for color vision deficiency. Enchroma glasses target people with difficulties in distinguishing reds and greens. The first pair of commercial glasses were released in 2012.
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Kakistocracy
A kakistocracy [kak-uh-stok-ruh-see] is a system of government which is run by the worst, least qualified, or most unscrupulous citizens. The word is derived from two Greek words, ‘kakistos’ (‘worst’) and ‘kratos’ (‘rule’).
The word was coined as early as the seventeenth century. It also was used by English author Thomas Love Peacock in 1829, but gained significant use in the first decades of the twenty-first century to criticize populist governments emerging in different democracies around the world.
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Matcha
Matcha [mah-chuh] is finely ground powder of specially grown and processed green tea leaves. It is special in two aspects of farming and processing: the green tea plants for matcha are shade-grown for about three weeks before harvest and the stems and veins are removed in processing. During shaded growth, the plant Camellia sinensis produces more theanine and caffeine.
The traditional Japanese tea ceremony centers on the preparation, serving, and drinking of matcha as hot tea and embodies a meditative spiritual style. In modern times, matcha has also come to be used to flavor and dye foods such as mochi and soba noodles, green tea ice cream, matcha lattes, and a variety of Japanese wagashi confectionery.
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Eighth Grade
Eighth Grade is a 2018 American comedy-drama film written and directed by comedian Bo Burnham (in his feature directorial debut). The coming-of-age story follows the life and struggles of an eighth-grader, played by Elsie Fisher, during her last week of classes before graduating to high school. She struggles with social anxiety but produces vlogs giving life advice.
Burnham was inspired by his own struggles with anxiety when he began writing the screenplay in 2014. He had difficulty finding funding for the project until 2016. Shooting began in Suffern and White Plains, New York, in summer 2017. Fisher was cast after Burnham noticed her on YouTube; she led a cast including Josh Hamilton and Emily Robinson. Themes include heavy use of social media, mental health in Generation Z and sexuality and consent.
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Ironman Triathlon
An Ironman Triathlon is one of a series of long-distance triathlon races organized by the World Triathlon Corporation (WTC), consisting of a 2.4-mile swim, a 112-mile bicycle ride and a marathon 26.2-mile run (for a total of 140.6 miles), raced in that order and without a break. It is widely considered one of the most difficult one-day sporting events in the world.
Most Ironman events have a limited time of 16 or 17 hours to complete the race, course dependent. The race typically starts at 7:00 a.m.; the mandatory swim cut off for the 2.4-mile swim is 9:20 a.m. (2 hours 20 minutes), the mandatory bike cut off time is 5:30 p.m. (8 hours 10 minutes), and the mandatory marathon cut off is midnight (6 hours 30 minutes). Any participant who manages to complete the triathlon within these time constraints is designated an Ironman.
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Twin Films
Twin films are films with the same, or very similar, plot produced or released at the same time by two different film studios. The phenomenon can result from two or more production companies investing in similar scripts around the same time, resulting in a race to distribute the films to audiences.
Some attribute twin films to industrial espionage, the movement of staff between studios, or that the same screenplays are sent to several film studios before being accepted. Another possible explanation is if the films deal with topical issues, such as volcanic eruptions, reality television, terrorist attacks or significant anniversaries, resulting in multiple discovery of the concept.
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Wait Wait… Don’t Tell Me!
Wait Wait… Don’t Tell Me! is a weekly news-based radio panel show produced by WBEZ in Chicago and National Public Radio (NPR). On the program, panelists and contestants are quizzed in humorous ways about that week’s news.
The show is recorded in front of a live audience in Chicago at the Chase Auditorium beneath the Chase Tower on Thursday nights and typically airs weekend mornings.
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The Market for Lemons
The Market for Lemons: Quality Uncertainty and the Market Mechanism is a well-known 1970 paper by American economist George Akerlof which examines how the quality of goods traded in a market can degrade in the presence of information asymmetry between buyers and sellers, leaving only ‘lemons’ behind (cars or other products that are found to be defective only after they have been bought).
Akerlof’s paper shows how prices can determine the quality of goods traded on the market. Low prices drive away sellers of high-quality goods, leaving only lemons behind. In 2001, Akerlof, along with Michael Spence, and Joseph Stiglitz, jointly received the Nobel Memorial Prize in Economic Sciences, for their research on issues related to asymmetric information.
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