#transactional database management
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thedbahub · 1 year ago
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Choosing Between Manual and Auto-Update for Stats
Kickoff Tweaking SQL Server’s performance is pretty much like fine-tuning a musical instrument; you gotta know the ins and outs. One piece of this complex puzzle is the stats SQL Server relies on for making smart choices about query execution plans. Sure, SQL Server’s got your back with automatic stats updates, but there are times, especially in super busy environments, where you might need to…
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rajaniesh · 3 months ago
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🚀 Struggling to balance transactional (OLTP) & analytical (OLAP) workloads? Microsoft Fabric SQL Database is the game-changer! In this blog, I’ll share best practices, pitfalls to avoid, and optimization tips to help you master Fabric SQL DB. Let’s dive in! 💡💬 #MicrosoftFabric #SQL
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wander-wren · 2 years ago
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every once in a while i like to poke my head into "anti [x]" tags just to see what the other side thinks. recently i was looking through "anti ao3" and found a really funny post claiming that ao3 is not anticapitalist, but actually the Definition Of Capitalism, bc it relies on volunteer labor while supposedly having the money to pay a staff.
oh, honey.
but i am not going to make unsubstantiated claims on the internet, no, and this gives me an excuse to look at ao3's whole budget myself, which i've been meaning to do for a while. these numbers are taken from the 2022 budget post and budget spreadsheet.
ao3's total income for 2022, from the two donation drives, regular donations, donation matching programs, interest, and royalties was $1,012,543.42. less than $300 of that was from interest and royalties, so it's almost all donations. and that's a lot, right? surely an organization making a million dollars a year can afford to pay some staff, right?
well, let's look at expenses. first of all, they lose almost $37,000 to transaction fees right away. ao3 and fanlore (~$341k and ~$18k, respectively) take up the biggest chunks of the budget by far. that money pays for, to quote the 2022 budget post, "server expenses—both new purchases and ongoing colocation and maintenance—website performance monitoring tools, and various systems-related licenses."
in some years, otw also pays external contractors to perform audits for security issues, and for more servers to handle the growing userbase. servers are expensive as hell, guys. in 2022, new server costs alone were $203k.
each of their other programs only cost around $3,000 or less, and otw paid around $78k for fundraising and development. wait, how do you lose so much money on your fundraising?? from the 2022 budget post: "Our fundraising and development expenses consist of transaction fees charged by our third-party payment processors for each donation, thank-you gift purchases and shipping, and the tools used to host the OTW’s membership database and track communications with donors and potential donors."
then the otw paid an additional $74k in administration expenses, which covers "hosting for our website, trademarks, domains, insurance, tax filing, and annual financial statement audits, as well as communication, management, and accounting tools."
in case you weren't following all of that math, the total expenses for 2022 come out to $518,978.48. woah! that's a lot! but it's still only a little over half of their net revenue. weird. i wonder what they do with that extra $494k?
well, $400k of it goes to the reserves, which i'll get to in a second. the last $93k, near as i can tell, gets rolled over to the next year. i'll admit this part i'm a little unsure about, as it's not clear on the spreadsheet, but that's the only thing that makes sense.
the reserves, though are clear. the most recent post i could find on the otw site about it were in the board meeting minutes from april 2, 2022: "We’re holding about $1million in operating cash that is about twice the amount of our annual operating costs. There is another $1million in reserves due to highly successful fundraisers in the past. The current plan for the reserves is to hold the money for paid staff in the future. It’s been talked about before in the past and we’re still working out the details, but it’s a rather expensive undertaking that will result in large annual expenses in addition to the initial cost of implementation."
woah....they're PLANNING to have paid staff eventually! wild!
so let's assume, for easy numbers, that the otw currently has $1.5 million in reserves. before we even get to how to use that money, let's look at the issues with implementing paid staff:
deciding which positions are going to be paid, because it can't be all of them
deciding how much to pay them, bc minimum wage sure as hell isn't enough, and cost of living is different everywhere, and volunteers come from all over the world
hiring staff and implementing new systems/tools to handle things like payroll and accounting
making sure you continue to earn enough money both to pay all of the staff and have some in reserves for emergencies or leaner donation drives
probably even more stuff than that! i don't run a nonprofit, that's just what i can think of off the top of my head.
okay, okay, okay. for the sake of argument, let's assume there is a best-case scenario where the otw starts paying some staff tomorrow. how much should they be paid? i'm picking $15 an hour, since that's what we fought for the minimum wage to be. by now, it should be closer to $20 or $25, but i'm trying to give "ao3 is capitalism" the fairest shot it can get here, okay?
ideally, if someone is being paid to help run ao3, they shouldn't need a second job. every job should pay enough to live off of. and running a nonprofit is hard work that leads to a lot of burnout--two board members JUST resigned before their terms were up. what i'm saying is, i'm going to assume a paid otw staff is getting paid for 40 hours of work a week, minimum. that's $31,200.
at $400,000 per year, the otw can afford to pay 12 people. that's WITHOUT taking into account the new systems, tools, software, etc they would have to pay for, any kind of fees, etc, etc.
oh, and btw, if you're an american you're still making barely enough to survive in most places, AND you don't have universal healthcare, vision, or dental. want otw to give people insurance, too? the number of people they can pay goes down.
it's. not. possible.
a million dollars is a lot of money on the face of it, but once you realize how MUCH goes into running something like the otw, it goes away fast.
just for reference, wikipedia also has donation drives every year. wikipedia, as of 2021, has $86.8 million in cash reserves and $137.4 million in investments. sure, wikipedia and ao3 are very different entities, but that disparity is massive. and i should note that if you give $10 to wikipedia they don't give you voting rights, i'm just saying.
by the way, you may have noticed that i didn't mention legal costs at all here. isn't one of otw's big Things about how they do legal advocacy?
yes, it is. they have a whole page about that work. and i can't for the life of me find a source on otw's website (and i'm running out of time to write this post, i'll look harder later), but i am 90% sure i learned before that most, if not all, of otw's legal work/advice/etc is done pro bono. i've also seen an anti-ao3 person claim their legal budget is only $5k or so, but they didn't have a source. but keep in mind that if they don't have a legal budget, all the numbers above stay the same, and if they do, there is even less money available for paid staff.
you can criticize ao3 and the otw all you want! there are many valid reasons to criticize them, and i do not think they're perfect either. but if you're going to do so, you should at least make sure you can back up your claims, bc otherwise you just look silly.
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themetaphorgirl · 8 months ago
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Whumptober #15: Patron Saint of Lost Causes
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No. 15: CHILDHOOD TRAUMA
Prompted by @quiddoditto
Painful Hug | Moment of Clarity | "I did good, right?"
Spencer still doesn’t know that this time he doesn’t have to try to earn anyone’s love.
Mom didn’t like to be touched most of the time. She liked it when he read quietly, usually in his room. He made sure to read all the books she liked, she was happiest when he could talk to her about them. And as long as she was happy, he was happy. He didn’t mind that his clothes weren’t nice or clean, or that sometimes he went hungry, or that the house was filthy and cluttered with her collections. He kept to himself, and cleaned up after himself, and figured out how to keep himself fed.  It was like a little transaction database in his head. Reading quietly so Mom could work on her research, positive. Asking Mom to make dinner when she was busy, negative. Cleaning up her broken coffee cup after she threw it, positive. The most positive things he did, the happier Mom was. He could manage that.
Read here!
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digitaldetoxworld · 1 month ago
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Structured Query Language (SQL): A Comprehensive Guide
 Structured Query Language, popularly called SQL (reported "ess-que-ell" or sometimes "sequel"), is the same old language used for managing and manipulating relational databases. Developed in the early 1970s by using IBM researchers Donald D. Chamberlin and Raymond F. Boyce, SQL has when you consider that end up the dominant language for database structures round the world.
Structured query language commands with examples
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Today, certainly every important relational database control system (RDBMS)—such as MySQL, PostgreSQL, Oracle, SQL Server, and SQLite—uses SQL as its core question language.
What is SQL?
SQL is a website-specific language used to:
Retrieve facts from a database.
Insert, replace, and delete statistics.
Create and modify database structures (tables, indexes, perspectives).
Manage get entry to permissions and security.
Perform data analytics and reporting.
In easy phrases, SQL permits customers to speak with databases to shop and retrieve structured information.
Key Characteristics of SQL
Declarative Language: SQL focuses on what to do, now not the way to do it. For instance, whilst you write SELECT * FROM users, you don’t need to inform SQL the way to fetch the facts—it figures that out.
Standardized: SQL has been standardized through agencies like ANSI and ISO, with maximum database structures enforcing the core language and including their very own extensions.
Relational Model-Based: SQL is designed to work with tables (also called members of the family) in which records is organized in rows and columns.
Core Components of SQL
SQL may be damaged down into numerous predominant categories of instructions, each with unique functions.
1. Data Definition Language (DDL)
DDL commands are used to outline or modify the shape of database gadgets like tables, schemas, indexes, and so forth.
Common DDL commands:
CREATE: To create a brand new table or database.
ALTER:     To modify an present table (add or put off columns).
DROP: To delete a table or database.
TRUNCATE: To delete all rows from a table but preserve its shape.
Example:
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CREATE TABLE personnel (
  id INT PRIMARY KEY,
  call VARCHAR(one hundred),
  income DECIMAL(10,2)
);
2. Data Manipulation Language (DML)
DML commands are used for statistics operations which include inserting, updating, or deleting information.
Common DML commands:
SELECT: Retrieve data from one or more tables.
INSERT: Add new records.
UPDATE: Modify existing statistics.
DELETE: Remove information.
Example:
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INSERT INTO employees (id, name, earnings)
VALUES (1, 'Alice Johnson', 75000.00);
three. Data Query Language (DQL)
Some specialists separate SELECT from DML and treat it as its very own category: DQL.
Example:
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SELECT name, income FROM personnel WHERE profits > 60000;
This command retrieves names and salaries of employees earning more than 60,000.
4. Data Control Language (DCL)
DCL instructions cope with permissions and access manage.
Common DCL instructions:
GRANT: Give get right of entry to to users.
REVOKE: Remove access.
Example:
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GRANT SELECT, INSERT ON personnel TO john_doe;
five. Transaction Control Language (TCL)
TCL commands manage transactions to ensure data integrity.
Common TCL instructions:
BEGIN: Start a transaction.
COMMIT: Save changes.
ROLLBACK: Undo changes.
SAVEPOINT: Set a savepoint inside a transaction.
Example:
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BEGIN;
UPDATE personnel SET earnings = income * 1.10;
COMMIT;
SQL Clauses and Syntax Elements
WHERE: Filters rows.
ORDER BY: Sorts effects.
GROUP BY: Groups rows sharing a assets.
HAVING: Filters companies.
JOIN: Combines rows from  or greater tables.
Example with JOIN:
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SELECT personnel.Name, departments.Name
FROM personnel
JOIN departments ON personnel.Dept_id = departments.Identity;
Types of Joins in SQL
INNER JOIN: Returns statistics with matching values in each tables.
LEFT JOIN: Returns all statistics from the left table, and matched statistics from the right.
RIGHT JOIN: Opposite of LEFT JOIN.
FULL JOIN: Returns all records while there is a in shape in either desk.
SELF JOIN: Joins a table to itself.
Subqueries and Nested Queries
A subquery is a query inside any other query.
Example:
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SELECT name FROM employees
WHERE earnings > (SELECT AVG(earnings) FROM personnel);
This reveals employees who earn above common earnings.
Functions in SQL
SQL includes built-in features for acting calculations and formatting:
Aggregate Functions: SUM(), AVG(), COUNT(), MAX(), MIN()
String Functions: UPPER(), LOWER(), CONCAT()
Date Functions: NOW(), CURDATE(), DATEADD()
Conversion Functions: CAST(), CONVERT()
Indexes in SQL
An index is used to hurry up searches.
Example:
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CREATE INDEX idx_name ON employees(call);
Indexes help improve the performance of queries concerning massive information.
Views in SQL
A view is a digital desk created through a question.
Example:
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CREATE VIEW high_earners AS
SELECT call, salary FROM employees WHERE earnings > 80000;
Views are beneficial for:
Security (disguise positive columns)
Simplifying complex queries
Reusability
Normalization in SQL
Normalization is the system of organizing facts to reduce redundancy. It entails breaking a database into multiple related tables and defining overseas keys to link them.
1NF: No repeating groups.
2NF: No partial dependency.
3NF: No transitive dependency.
SQL in Real-World Applications
Web Development: Most web apps use SQL to manipulate customers, periods, orders, and content.
Data Analysis: SQL is extensively used in information analytics systems like Power BI, Tableau, and even Excel (thru Power Query).
Finance and Banking: SQL handles transaction logs, audit trails, and reporting systems.
Healthcare: Managing patient statistics, remedy records, and billing.
Retail: Inventory systems, sales analysis, and consumer statistics.
Government and Research: For storing and querying massive datasets.
Popular SQL Database Systems
MySQL: Open-supply and extensively used in internet apps.
PostgreSQL: Advanced capabilities and standards compliance.
Oracle DB: Commercial, especially scalable, agency-degree.
SQL Server: Microsoft’s relational database.
SQLite: Lightweight, file-based database used in cellular and desktop apps.
Limitations of SQL
SQL can be verbose and complicated for positive operations.
Not perfect for unstructured information (NoSQL databases like MongoDB are better acceptable).
Vendor-unique extensions can reduce portability.
Java Programming Language Tutorial
Dot Net Programming Language
C ++ Online Compliers 
C Language Compliers 
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paradoxcase · 2 months ago
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I just saw a job description with a fascinating set of technical red flags:
Milliseconds matter! Performance is key! Optimizing database access, algorithms, choosing the right data structures, in general working to design performant systems.
This is a C# job. Usually, if optimization actually really matters in a piece of software, it would be written in C or C++, or maybe Go, not C#. So this means that either they used the wrong language for their stack (and have no intent to switch) or they don't know what actually makes good software good and just put this on the job description to make it look sharp.
We write code from the ground up. We don’t use a lot of frameworks, packages, etc. Not a lot of macro-level stuff. Core software engineering chops is what we’re looking for.
Translation: "We like to waste a lot of time reinventing the wheel".
Our suite of systems is vast and varied. There are web services (REST, SOAP, hybrid), windows services, daemons, websites, libraries, command line tools, windows apps.
"Our services have no consistent interface, or guiding design principles, and getting them to interact with each other sensibly will be a nightmare."
We have plans to redesign several of the older systems, which will be a lot of fun.
"Our legacy codebase is so bad that we finally decided we couldn't fix it and instead are throwing it all out and starting over again."
There are a lot of system interfaces, both within our own suite as well as across teams in the organization. Plenty of opportunities for collaboration with a lot of smart people.
"We mentioned earlier that our services have no consistent interface, but have we also mentioned that there are a lot of them?"
We have immediate needs for refactoring and several enhancements to allow us to scale up to meet increased loads.
"The technical debt is so bad that even management thinks it's time to refactor."
We work with LOTS of data (many, many TB) & it comes fast! Scalability & heavy transactional loads, heavy reporting are common challenges for us. We solve a lot of interesting and tricky problems. Often not your typical collect/save/display that you get at other places. Not snapping into established frameworks. Working across tiers as required. Opportunities for more advanced coding.
Normally this wouldn't be a red flag, but when combined with the rest of the job description, it just really hammers home the point that it's going to be a huge pain in the ass to work with this codebase and a lot of "clever" hacky shit will probably be required.
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database-design-tech · 1 year ago
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The Great Data Cleanup: A Database Design Adventure
As a budding database engineer, I found myself in a situation that was both daunting and hilarious. Our company's application was running slower than a turtle in peanut butter, and no one could figure out why. That is, until I decided to take a closer look at the database design.
It all began when my boss, a stern woman with a penchant for dramatic entrances, stormed into my cubicle. "Listen up, rookie," she barked (despite the fact that I was quite experienced by this point). "The marketing team is in an uproar over the app's performance. Think you can sort this mess out?"
Challenge accepted! I cracked my knuckles, took a deep breath, and dove headfirst into the database, ready to untangle the digital spaghetti.
The schema was a sight to behold—if you were a fan of chaos, that is. Tables were crammed with redundant data, and the relationships between them made as much sense as a platypus in a tuxedo.
"Okay," I told myself, "time to unleash the power of database normalization."
First, I identified the main entities—clients, transactions, products, and so forth. Then, I dissected each entity into its basic components, ruthlessly eliminating any unnecessary duplication.
For example, the original "clients" table was a hot mess. It had fields for the client's name, address, phone number, and email, but it also inexplicably included fields for the account manager's name and contact information. Data redundancy alert!
So, I created a new "account_managers" table to store all that information, and linked the clients back to their account managers using a foreign key. Boom! Normalized.
Next, I tackled the transactions table. It was a jumble of product details, shipping info, and payment data. I split it into three distinct tables—one for the transaction header, one for the line items, and one for the shipping and payment details.
"This is starting to look promising," I thought, giving myself an imaginary high-five.
After several more rounds of table splitting and relationship building, the database was looking sleek, streamlined, and ready for action. I couldn't wait to see the results.
Sure enough, the next day, when the marketing team tested the app, it was like night and day. The pages loaded in a flash, and the users were practically singing my praises (okay, maybe not singing, but definitely less cranky).
My boss, who was not one for effusive praise, gave me a rare smile and said, "Good job, rookie. I knew you had it in you."
From that day forward, I became the go-to person for all things database-related. And you know what? I actually enjoyed the challenge. It's like solving a complex puzzle, but with a lot more coffee and SQL.
So, if you ever find yourself dealing with a sluggish app and a tangled database, don't panic. Grab a strong cup of coffee, roll up your sleeves, and dive into the normalization process. Trust me, your users (and your boss) will be eternally grateful.
Step-by-Step Guide to Database Normalization
Here's the step-by-step process I used to normalize the database and resolve the performance issues. I used an online database design tool to visualize this design. Here's what I did:
Original Clients Table:
ClientID int
ClientName varchar
ClientAddress varchar
ClientPhone varchar
ClientEmail varchar
AccountManagerName varchar
AccountManagerPhone varchar
Step 1: Separate the Account Managers information into a new table:
AccountManagers Table:
AccountManagerID int
AccountManagerName varchar
AccountManagerPhone varchar
Updated Clients Table:
ClientID int
ClientName varchar
ClientAddress varchar
ClientPhone varchar
ClientEmail varchar
AccountManagerID int
Step 2: Separate the Transactions information into a new table:
Transactions Table:
TransactionID int
ClientID int
TransactionDate date
ShippingAddress varchar
ShippingPhone varchar
PaymentMethod varchar
PaymentDetails varchar
Step 3: Separate the Transaction Line Items into a new table:
TransactionLineItems Table:
LineItemID int
TransactionID int
ProductID int
Quantity int
UnitPrice decimal
Step 4: Create a separate table for Products:
Products Table:
ProductID int
ProductName varchar
ProductDescription varchar
UnitPrice decimal
After these normalization steps, the database structure was much cleaner and more efficient. Here's how the relationships between the tables would look:
Clients --< Transactions >-- TransactionLineItems
Clients --< AccountManagers
Transactions --< Products
By separating the data into these normalized tables, we eliminated data redundancy, improved data integrity, and made the database more scalable. The application's performance should now be significantly faster, as the database can efficiently retrieve and process the data it needs.
Conclusion
After a whirlwind week of wrestling with spreadsheets and SQL queries, the database normalization project was complete. I leaned back, took a deep breath, and admired my work.
The previously chaotic mess of data had been transformed into a sleek, efficient database structure. Redundant information was a thing of the past, and the performance was snappy.
I couldn't wait to show my boss the results. As I walked into her office, she looked up with a hopeful glint in her eye.
"Well, rookie," she began, "any progress on that database issue?"
I grinned. "Absolutely. Let me show you."
I pulled up the new database schema on her screen, walking her through each step of the normalization process. Her eyes widened with every explanation.
"Incredible! I never realized database design could be so... detailed," she exclaimed.
When I finished, she leaned back, a satisfied smile spreading across her face.
"Fantastic job, rookie. I knew you were the right person for this." She paused, then added, "I think this calls for a celebratory lunch. My treat. What do you say?"
I didn't need to be asked twice. As we headed out, a wave of pride and accomplishment washed over me. It had been hard work, but the payoff was worth it. Not only had I solved a critical issue for the business, but I'd also cemented my reputation as the go-to database guru.
From that day on, whenever performance issues or data management challenges cropped up, my boss would come knocking. And you know what? I didn't mind one bit. It was the perfect opportunity to flex my normalization muscles and keep that database running smoothly.
So, if you ever find yourself in a similar situation—a sluggish app, a tangled database, and a boss breathing down your neck—remember: normalization is your ally. Embrace the challenge, dive into the data, and watch your application transform into a lean, mean, performance-boosting machine.
And don't forget to ask your boss out for lunch. You've earned it!
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datawarehousing01 · 3 months ago
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Data warehousing solution
Unlocking the Power of Data Warehousing: A Key to Smarter Decision-Making
In today's data-driven world, businesses need to make smarter, faster, and more informed decisions. But how can companies achieve this? One powerful tool that plays a crucial role in managing vast amounts of data is data warehousing. In this blog, we’ll explore what data warehousing is, its benefits, and how it can help organizations make better business decisions.
What is Data Warehousing?
At its core, data warehousing refers to the process of collecting, storing, and managing large volumes of data from different sources in a central repository. The data warehouse serves as a consolidated platform where all organizational data—whether from internal systems, third-party applications, or external sources—can be stored, processed, and analyzed.
A data warehouse is designed to support query and analysis operations, making it easier to generate business intelligence (BI) reports, perform complex data analysis, and derive insights for better decision-making. Data warehouses are typically used for historical data analysis, as they store data from multiple time periods to identify trends, patterns, and changes over time.
Key Components of a Data Warehouse
To understand the full functionality of a data warehouse, it's helpful to know its primary components:
Data Sources: These are the various systems and platforms where data is generated, such as transactional databases, CRM systems, or external data feeds.
ETL (Extract, Transform, Load): This is the process by which data is extracted from different sources, transformed into a consistent format, and loaded into the warehouse.
Data Warehouse Storage: The central repository where cleaned, structured data is stored. This can be in the form of a relational database or a cloud-based storage system, depending on the organization’s needs.
OLAP (Online Analytical Processing): This allows for complex querying and analysis, enabling users to create multidimensional data models, perform ad-hoc queries, and generate reports.
BI Tools and Dashboards: These tools provide the interfaces that enable users to interact with the data warehouse, such as through reports, dashboards, and data visualizations.
Benefits of Data Warehousing
Improved Decision-Making: With data stored in a single, organized location, businesses can make decisions based on accurate, up-to-date, and complete information. Real-time analytics and reporting capabilities ensure that business leaders can take swift action.
Consolidation of Data: Instead of sifting through multiple databases or systems, employees can access all relevant data from one location. This eliminates redundancy and reduces the complexity of managing data from various departments or sources.
Historical Analysis: Data warehouses typically store historical data, making it possible to analyze long-term trends and patterns. This helps businesses understand customer behavior, market fluctuations, and performance over time.
Better Reporting: By using BI tools integrated with the data warehouse, businesses can generate accurate reports on key metrics. This is crucial for monitoring performance, tracking KPIs (Key Performance Indicators), and improving strategic planning.
Scalability: As businesses grow, so does the volume of data they collect. Data warehouses are designed to scale easily, handling increasing data loads without compromising performance.
Enhanced Data Quality: Through the ETL process, data is cleaned, transformed, and standardized. This means the data stored in the warehouse is of high quality—consistent, accurate, and free of errors.
Types of Data Warehouses
There are different types of data warehouses, depending on how they are set up and utilized:
Enterprise Data Warehouse (EDW): An EDW is a central data repository for an entire organization, allowing access to data from all departments or business units.
Operational Data Store (ODS): This is a type of data warehouse that is used for storing real-time transactional data for short-term reporting. An ODS typically holds data that is updated frequently.
Data Mart: A data mart is a subset of a data warehouse focused on a specific department, business unit, or subject. For example, a marketing data mart might contain data relevant to marketing operations.
Cloud Data Warehouse: With the rise of cloud computing, cloud-based data warehouses like Google BigQuery, Amazon Redshift, and Snowflake have become increasingly popular. These platforms allow businesses to scale their data infrastructure without investing in physical hardware.
How Data Warehousing Drives Business Intelligence
The purpose of a data warehouse is not just to store data, but to enable businesses to extract valuable insights. By organizing and analyzing data, businesses can uncover trends, customer preferences, and operational inefficiencies. Some of the ways in which data warehousing supports business intelligence include:
Customer Segmentation: Companies can analyze data to segment customers based on behavior, demographics, or purchasing patterns, leading to better-targeted marketing efforts.
Predictive Analytics: By analyzing historical data, businesses can forecast trends and predict future outcomes, such as sales, inventory needs, and staffing levels.
Improved Operational Efficiency: With data-driven insights, businesses can streamline processes, optimize supply chains, and reduce costs. For example, identifying inventory shortages or surplus can help optimize stock levels.
Challenges in Data Warehousing
While the benefits of data warehousing are clear, there are some challenges to consider:
Complexity of Implementation: Setting up a data warehouse can be a complex and time-consuming process, requiring expertise in database management, ETL processes, and BI tools.
Data Integration: Integrating data from various sources with differing formats can be challenging, especially when dealing with legacy systems or unstructured data.
Cost: Building and maintaining a data warehouse can be expensive, particularly when managing large volumes of data. However, the investment is often worth it in terms of the business value generated.
Security: With the consolidation of sensitive data in one place, data security becomes critical. Organizations need robust security measures to prevent unauthorized access and ensure compliance with data protection regulations.
The Future of Data Warehousing
The world of data warehousing is constantly evolving. With advancements in cloud technology, machine learning, and artificial intelligence, businesses are now able to handle larger datasets, perform more sophisticated analyses, and automate key processes.
As companies increasingly embrace the concept of a "data-driven culture," the need for powerful data warehousing solutions will continue to grow. The integration of AI-driven analytics, real-time data processing, and more intuitive BI tools will only further enhance the value of data warehouses in the years to come.
Conclusion
In today’s fast-paced, data-centric world, having access to accurate, high-quality data is crucial for making informed business decisions. A robust data warehousing solution enables businesses to consolidate, analyze, and extract valuable insights from their data, driving smarter decision-making across all departments. While building a data warehouse comes with challenges, the benefits—improved efficiency, better decision-making, and enhanced business intelligence—make it an essential tool for modern organizations.
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Title: Data Warehousing: The Backbone of Data-Driven Decision Making
In today’s fast-paced business environment, the ability to make data-driven decisions quickly is paramount. However, to leverage data effectively, companies need more than just raw data. They need a centralized, structured system that allows them to store, manage, and analyze data seamlessly. This is where data warehousing comes into play.
Data warehousing has become the cornerstone of modern business intelligence (BI) systems, enabling organizations to unlock valuable insights from vast amounts of data. In this blog, we’ll explore what data warehousing is, why it’s important, and how it drives smarter decision-making.
What is Data Warehousing?
At its core, data warehousing refers to the process of collecting and storing data from various sources into a centralized system where it can be easily accessed and analyzed. Unlike traditional databases, which are optimized for transactional operations (i.e., data entry, updating), data warehouses are designed specifically for complex queries, reporting, and data analysis.
A data warehouse consolidates data from various sources—such as customer information systems, financial systems, and even external data feeds—into a single repository. The data is then structured and organized in a way that supports business intelligence (BI) tools, enabling organizations to generate reports, create dashboards, and gain actionable insights.
Key Components of a Data Warehouse
Data Sources: These are the different systems or applications that generate data. Examples include CRM systems, ERP systems, external APIs, and transactional databases.
ETL (Extract, Transform, Load): This is the process by which data is pulled from different sources (Extract), cleaned and converted into a usable format (Transform), and finally loaded into the data warehouse (Load).
Data Warehouse Storage: The actual repository where structured and organized data is stored. This could be in traditional relational databases or modern cloud-based storage platforms.
OLAP (Online Analytical Processing): OLAP tools enable users to run complex analytical queries on the data warehouse, creating reports, performing multidimensional analysis, and identifying trends.
Business Intelligence Tools: These tools are used to interact with the data warehouse, generate reports, visualize data, and help businesses make data-driven decisions.
Benefits of Data Warehousing
Improved Decision Making: By consolidating data into a single repository, decision-makers can access accurate, up-to-date information whenever they need it. This leads to more informed, faster decisions based on reliable data.
Data Consolidation: Instead of pulling data from multiple systems and trying to make sense of it, a data warehouse consolidates data from various sources into one place, eliminating the complexity of handling scattered information.
Historical Analysis: Data warehouses are typically designed to store large amounts of historical data. This allows businesses to analyze trends over time, providing valuable insights into long-term performance and market changes.
Increased Efficiency: With a data warehouse in place, organizations can automate their reporting and analytics processes. This means less time spent manually gathering data and more time focusing on analyzing it for actionable insights.
Better Reporting and Insights: By using data from a single, trusted source, businesses can produce consistent, accurate reports that reflect the true state of affairs. BI tools can transform raw data into meaningful visualizations, making it easier to understand complex trends.
Types of Data Warehouses
Enterprise Data Warehouse (EDW): This is a centralized data warehouse that consolidates data across the entire organization. It’s used for comprehensive, organization-wide analysis and reporting.
Data Mart: A data mart is a subset of a data warehouse that focuses on specific business functions or departments. For example, a marketing data mart might contain only marketing-related data, making it easier for the marketing team to access relevant insights.
Operational Data Store (ODS): An ODS is a database that stores real-time data and is designed to support day-to-day operations. While a data warehouse is optimized for historical analysis, an ODS is used for operational reporting.
Cloud Data Warehouse: With the rise of cloud computing, cloud-based data warehouses like Amazon Redshift, Google BigQuery, and Snowflake have become popular. These solutions offer scalable, cost-effective, and flexible alternatives to traditional on-premises data warehouses.
How Data Warehousing Supports Business Intelligence
A data warehouse acts as the foundation for business intelligence (BI) systems. BI tools, such as Tableau, Power BI, and QlikView, connect directly to the data warehouse, enabling users to query the data and generate insightful reports and visualizations.
For example, an e-commerce company can use its data warehouse to analyze customer behavior, sales trends, and inventory performance. The insights gathered from this analysis can inform marketing campaigns, pricing strategies, and inventory management decisions.
Here are some ways data warehousing drives BI and decision-making:
Customer Insights: By analyzing customer purchase patterns, organizations can better segment their audience and personalize marketing efforts.
Trend Analysis: Historical data allows companies to identify emerging trends, such as seasonal changes in demand or shifts in customer preferences.
Predictive Analytics: By leveraging machine learning models and historical data stored in the data warehouse, companies can forecast future trends, such as sales performance, product demand, and market behavior.
Operational Efficiency: A data warehouse can help identify inefficiencies in business operations, such as bottlenecks in supply chains or underperforming products.
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thedbahub · 1 year ago
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Enhancing Database Resilience with SQL Server 2022 ADR Improvements
SQL Server 2022 has brought significant enhancements to Accelerated Database Recovery (ADR), a feature first introduced in SQL Server 2019 aimed at improving database availability and scalability. ADR’s primary goal is to reduce the time it takes for a database to recover after a restart and to make transaction rollback instant, regardless of the transaction’s size or duration. In this article,…
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digitalmarketing1225 · 3 months ago
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Object-Oriented Programming (OOP) Explaine
Object-Oriented Programming (OOP) is a programming paradigm based on the concept of "objects," which represent real-world entities. Objects combine data (attributes) and functions (methods) into a single unit. OOP promotes code reusability, modularity, and scalability, making it a popular approach in modern software development.
Core Concepts of Object-Oriented Programming
Classes and Objects
Class: A blueprint or template for creating objects. It defines properties (attributes) and behaviors (methods).
Object: An instance of a class. Each object has unique data but follows the structure defined by its
Encapsulations
Encapsulation means bundling data (attributes) and methods that operate on that data within a class. It protects object properties by restricting direct access.
Access to attributes is controlled through getter and setter methods.Example: pythonCopyEditclass Person: def __init__(self, name): self.__name = name # Private attribute def get_name(self): return self.__name person = Person("Alice") print(person.get_name()) # Output: Alice
Inheritance
Inheritance allows a class (child) to inherit properties and methods from another class (parent). It promotes code reuse and hierarchical relationships.Example: pythonCopyEditclass Animal: def speak(self): print("Animal speaks") class Dog(Animal): def speak(self): print("Dog barks") dog = Dog() dog.speak() # Output: Dog barks
Polymorphism
Polymorphism allows methods to have multiple forms. It enables the same function to work with different object types.
Two common types:
Method Overriding (child class redefines parent method).
Method Overloading (same method name, different parameters ��� not natively supported in Python).Example: pythonCopyEditclass Bird: def sound(self): print("Bird chirps") class Cat: def sound(self): print("Cat meows") def make_sound(animal): animal.sound() make_sound(Bird()) # Output: Bird chirps make_sound(Cat()) # Output: Cat meows
Abstraction
Abstraction hides complex implementation details and shows only the essential features.
In Python, this is achieved using abstract classes and methods (via the abc module).Example: pythonCopyEditfrom abc import ABC, abstractmethod class Shape(ABC): @abstractmethod def area(self): pass class Circle(Shape): def __init__(self, radius): self.radius = radius def area(self): return 3.14 * self.radius * self.radius circle = Circle(5) print(circle.area()) # Output: 78.5
Advantages of Object-Oriented Programming
Code Reusability: Use inheritance to reduce code duplication.
Modularity: Organize code into separate classes, improving readability and maintenance.
Scalability: Easily extend and modify programs as they grow.
Data Security: Protect sensitive data using encapsulation.
Flexibility: Use polymorphism for adaptable and reusable methods.
Real-World Applications of OOP
Software Development: Used in large-scale applications like operating systems, web frameworks, and databases.
Game Development: Objects represent game entities like characters and environments.
Banking Systems: Manage customer accounts, transactions, and security.
E-commerce Platforms: Handle products, users, and payment processing.
Machine Learning: Implement models as objects for efficient training and prediction.
Conclusion
Object-Oriented Programming is a powerful paradigm that enhances software design by using objects, encapsulation, inheritance, polymorphism, and abstraction. It is widely used in various industries to build scalable, maintainable, and efficient applications. Understanding and applying OOP principles is essential for modern software development.
: pythonCopyEdit
class Car: def __init__(self, brand, model): self.brand = brand self.model = model def display_info(self): print(f"Car: {self.brand} {self.model}") my_car = Car("Toyota", "Camry") my_car.display_info() # Output: Car: Toyota Camry
Encapsulation
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justarandomreaderxoxo · 1 year ago
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CHAPTER 3: INTRICATE SHADOWS
Tony Stark x daughter!reader
Pronouns: She/Her
Age: 18
Warning: Kidnapping
Summary: When Tony escapes terrorists and makes it back home, Y/N, the curious soul that she is, doesn't understand how her father got kidnapped in first place. So what happens when she digs into it?
A/N: Story is set just after tony makes announcement at the press conference. Enjoy
Word count: 1457
In the aftermath of the announcement, Y/N felt a magnetic pull toward the heart of the mystery that had unfolded within Stark Industries. The air in her dimly lit study was charged with determination as she surrounded herself with an arsenal of holographic displays, each revealing a different facet of the puzzle.
The room became a sanctuary of relentless inquiry, the soft glow of the screens casting intricate shadows on Y/N's face as she delved into the labyrinth of Stark Industries' internal workings. Her fingers danced across holographic interfaces, chasing virtual trails and encrypted data that seemed to lead to nowhere and everywhere simultaneously.
The night unfolded its layers, and as the city beyond her window plunged into darkness, Y/N's relentless pursuit of truth carried her into the early hours of the morning. The quiet hum of her high-tech equipment became the soundtrack to her solitary mission.
Every encrypted file, every line of code, and every digital breadcrumb Y/N followed painted a disturbing picture. Stark Industries, a fortress of innovation and security, had been infiltrated from within. Tony's security protocols, considered impenetrable, had been compromised.
In the virtual world, Y/N navigated through hidden servers and encrypted databases, uncovering the tendrils of a betrayal that went deeper than she could have anticipated. It wasn't just about the shift in Stark Industries' direction; it was about a sinister plot orchestrated by the one person she least expected – Obadiah Stane, the trusted mentor.
Y/N, now more than ever, embraced her role not just as Tony Stark's daughter but as a guardian of the family legacy. Her intelligence and resilience became integral to the rebuilding process, forging a path toward a future untainted by the shadows of the past.
Yet, amidst the progress, a lingering question haunted Y/N's thoughts – how had Stane managed to infiltrate their world so insidiously? The pursuit of this answer led her into the labyrinth of Stark Industries' security protocols and the hidden recesses of its digital infrastructure.
Late into the night, Y/N delved into the labyrinth, determined to unravel the intricacies of Stane's machinations. The holographic displays flickered with data, each line of code a potential revelation. As the hours passed, patterns emerged – a digital dance of deceit that echoed Stane's real-world betrayal.
The investigation took Y/N deeper into the archives of Stark Industries, leading her to discover vulnerabilities and weaknesses in the security systems. It was a painful realization that the very mechanisms designed to safeguard the legacy had been exploited from within.
The breakthrough in Y/N's investigation came in the form of a hidden file – a digital breadcrumb that led to the heart of Stane's betrayal. It detailed a series of covert operations, financial transactions, and the manipulation of security protocols that had allowed Stane to operate unchecked for years.
As the evidence unfolded, Y/N couldn't shake the feeling that the shadows of Stane's deception extended beyond the digital realm. There was a tangible threat that lurked in the real world, and the urgency to expose the truth weighed heavily on her shoulders.
One evening, as the sun dipped below the skyline, casting long shadows across the city, Y/N discovered a chilling piece of information – Stane's plan to escalate his operations. The revelation sent a shiver down her spine, and a wave of panic gripped her. The danger extended beyond the walls of Stark Industries; it threatened the very heart of their existence.
Y/N's eyes bore into the holographic displays, absorbing the damning evidence. Stane's digital fingerprints were everywhere, leaving an indelible mark on the files that chronicled his clandestine dealings. The realization of the danger her father had unknowingly faced fuelled Y/N's determination.
The evidence, a digital arsenal against Stane's treachery, materialized on her screens. With a sense of urgency, Y/N compiled the incriminating data, her fingers dancing across the holographic interfaces to secure every piece of damning information.
But even in her quest for justice, Stane's calculated awareness of her interference was unveiled. The moment she initiated the transfer of evidence to Tony, a chilling response echoed through the digital realm. The revelation of her investigation had triggered Stane's countermove – an abduction designed to silence the whistleblower.
In the depths of the night, Y/N found herself thrust into a harsh reality. Stane's henchmen surrounded her, their movements synchronized with the malicious efficiency of a well-executed plan. Within moments, she was overpowered, her attempts to resist met with ruthless determination.
As she was dragged away from her sanctuary of investigation, Y/N couldn't shake the feeling that her pursuit of truth had inadvertently led her into the heart of the danger that now enveloped her. Stane, the puppet master orchestrating a dangerous game, had taken her hostage, using her as a pawn in a bid to secure his escape from justice.
Unbeknownst to Y/N, as she grappled with her captors, a silent distress signal emanated from her necklace. The beacon of desperation, programmed with a daughter's plea for help, pulsated through the digital channels, reaching Tony Stark in the moments when he had just entered his iron man suit for testing. Tony's heart raced with a mix of fear and determination. Without a moment's hesitation, the repulsors on the Iron Man suit flared to life, propelling Tony into the night sky. The city below became a blur as he soared toward the coordinates sent by his daughter.
The scene that unfolded at Stane's secret lair was a clash of technology and malevolence. Tony, clad in the iconic red and gold armor, confronted Stane, the two armored figures locked in a battle that echoed the personal vendetta that had unfolded behind the scenes.
The cavernous space became an arena of clashing metal and the searing glow of repulsors. The echoes of the confrontation reverberated through the chamber, punctuated by the hum of technology pushed to its limits.
Y/N, restrained and defiant, watched the battle unfold. The sight of her father, clad in the Iron Man suit, was a mix of relief and pride. Yet, the danger that loomed threatened to overshadow the reunion they both sought.
As the battle reached its climax, Stane, realizing the game was up, attempted one final desperate move. The clash of armored figures intensified each blow resonating with the weight of justice seeking retribution.
In a burst of energy and determination, Tony emerged victorious. Stane, defeated and subdued, lay amidst the wreckage of his ambitions. The Iron Man suit's faceplate retracted, revealing a mixture of relief and resolve in Tony's eyes.
"Y/N, I'm here. I'll get you out of this," Tony's voice, filtered through the Iron Man suit's speakers, resonated with a blend of anger and concern.
Y/N met her father's gaze, a silent understanding passing between them. "I knew you'd come for me, Dad."
With calculated precision, Tony freed Y/N from her restraints, the cold metal giving way to the warmth of a father's embrace. The Iron Man suit, a symbol of strength and protection, faded into the background as the vulnerability of a family torn and reunited took center stage.
The tension that had gripped the cavern dissipated, leaving behind a sense of closure and resolution. The truth, exposed in the aftermath of the battle, laid bare the extent of Stane's treachery. The evidence, compiled by Y/N in her relentless pursuit of justice, served as a testament to the resilience of the Stark legacy.
As the dust settled, Tony, still in the Iron Man suit, approached Y/N, the faceplate retracting to reveal a mixture of relief and vulnerability.
"Y/N, are you okay?" Tony's voice held a paternal concern that transcended the confines of the armored suit.
Y/N nodded, her eyes reflecting a mix of gratitude and resilience. "I'm fine, Dad. Thanks to you."
Tony reached out, and the two shared an embrace that spoke volumes. The armored exterior of Iron Man seemed to fade away as the vulnerability of a father and the strength of a daughter came to the forefront.
"I should have known," Tony murmured, his voice a mix of regret and determination. "Stane's betrayal cuts deep, but we'll make him pay for what he's done."
Y/N, ever the composed figure, met Tony's gaze with a steely resolve. "We will, Dad. Together."
As they stood amidst the remnants of the confrontation, the weight of the Stark legacy hung in the air. The trials they faced had forged a bond that surpassed the armor and technology. It was a testament to the resilience of family and the unwavering commitment to justice.
In the aftermath of the ordeal, as the night sky embraced the dawn, father and daughter stood side by side. The Stark legacy, scarred but unbroken, faced a new day with a strength that came not just from technology but from the indomitable spirit of family.
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aaditnayyar · 4 months ago
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What exactly is Blockchain
A Comprehensive Guide for All: What is Blockchain?
Try to picture yourself with a notebook in which you record every purchase or sale. Each time you do a transaction, you note it in the notebook. Now, what if you distributed this notebook amongst your friends and everyone had one? All of your buddies would scrutinize your entry before adding it to their notes. This way, nobody could fake an old entry, since everyone else would spot it.
Something known as blockchain is built upon this basic concept — sharing a record of transactions open for everyone to verify. Though it may sound intimidating, it is a technology gaining traction in the financial and computer sector. We will clarify it in this blog in simple words, so anybody may follow it.
What Exactly Does Blockchain Mean?
Fundamentally, blockchain is simply a unique form of digital record-keeping. Think of it as a series of blocks (hence the name “blockchain”), each block including transaction information. These blocks are related in a way that makes them quite stable and difficult to change.
Step by step, this is how it works:
A Transaction Occurs: Suppose Alice wants to give Bob $10. This is an interaction.
The transaction is registered: the information of this transaction is passed to a network of computer nodes instead of being written in one notebook.
Everyone Checks the Transaction: The computers in the network check to make sure Alice has $10 to transmit. By examining her past deals kept in earlier blocks, they do this.
The transaction is added to a block: Once everyone concurs it is legitimate, it gets formed with other transactions into a block.
The Block Is Sealed, attached: The block is assigned an individual code (known as a hash) and then included in the chain of already existing blocks. This makes a fixed, permanent record of the deal. There it is! It is like one huge, common ledger keeping track of all system events.
What Makes Blockchain Different?
Now, one might be wondering, “Why not simply use a normal database or spreadsheet?” Fantastic issue! Blockchain distinguishes itself by several distinct qualities.
It is distributed across.
Most models today have one main custodian — be it a bank, company, or government — that manages the records. The entire system can crumble if something goes wrong with that central authority — say, hacking or corruption.
Blockchain relies on many, but not one authority. It rather distributes the blame amongst several computers (nodes). Every node has a full blockchain copy, therefore no individual or group may manage it. This all but prevents evil actors from using the data.
It is transparent.
Given that each transaction is visible to all people in the network, and recorded on the blockchain, it is clear. You can observe when and where money or assets traveled from one location to another. Since no one can hide anything, this openness fosters confidence.
Consider how a nonprofit uses blockchain to monitor contributions, for instance. Donors might observe very clearly how their funds are used, therefore guaranteeing that they reach the intended beneficiaries without middlemen siphoning off funds.
Safe.
Adding a transaction to the blockchain makes it virtually irrevocable.
Therefore: Every block has its distinct code (hash), including the one from the preceding block. Trying to change a block would also require one to re-compute the hashes for every subsequent block, hardly a small job.
Since the blockchain is decentralized, hackers would have to simultaneously compromise more than half of the computers in the network to fiddle with the data. Considering how vast these networks can usually be, this is virtually impossible.
Such a level of security makes blockchain perfect for sensitive uses including medical records, banking, and voting systems
It cuts out intermediaries.
Usually, when you want to buy anything online or move funds, you go via middlemen including banks, payment processors, or even legal practitioners. These intermediaries increase both costs and time for the project.
Blockchains free you from the need for intermediaries. Transactions take place between parties on their own, therefore saving both time and financial means. Sending funds abroad the old way can take days and incur large charges, for example. Using blockchain-based cryptocurrencies like Bitcoin, the same transaction can take minutes for a small percentage of the cost.
Examples of blockchain in the real world:
To know more about how blockchain operates in practice, let us look at some instances:
Cryptocurrencies
Cryptocurrencies like Bitcoin and Ethereum have the most well-known applications of blockchain. People can transfer money and accept it without a bank using these digital currencies. Each time somebody sends Bitcoin to another, the blockchain notes the transaction.
Supply Chain Management Tracking
As goods traverse the supply chain, enterprises including IBM and Walmart use blockchain to monitor them. If you buy a mango, you can scan a QR code, for instance, and find exactly where it came from, who touched it, and when it reached the store. This ensures product quality and reduces fraud.
Election processes
Some nations are trying voting systems based on blockchain. Blockchain might help to lower voter fraud and raise public faith in election results since it is open and safe.
Health information
Ways hospitals and clinics could leverage blockchain for patient records storage are under investigation. This would let doctors quickly access precise and current data while permitting patients complete control of their information.
Some popular misunderstandings surrounding blockchain
Though blockchain is growing in popularity, some questions remain about its nature and usage. Those should be cleared away:
“Blockchain Is Just for Cryptocurrencies.”
Though cryptocurrencies were the first significant application of blockchain, the technology itself has great applications beyond finance. Industries including logistics, healthcare, and government are discovering creative applications of blockchain.
Blockchain is anonymous.
Though blockchain provides privacy, it is not entirely anonymous. Since transactions are listed publicly, anyone can see them. Users’ identities are typically expressed by codes — rather than actual names — thus granting some level of pseudonymity.
“Blockchain is flawless.”
Though very secure, blockchain is not free from dangers. Thankfully, such attacks are really rare because of the complexity and size of the majority of blockchain networks — for instance, if someone gains control of more than 50% of the computing power of the network, they could theoretically manipulate the blockchain in what is known as a “51% assault.”
The Future of Blockchains
Though blockchain is still fairly new, its possibilities are vast. Improvements in general efficiency, openness, and security across the board will probably follow the more widespread acceptance of it. Some professionals think that blockchain could transform everything from our personal data management to our voting.
Still, popular usage will need time. Scalability (managing vast transaction numbers), regulation (governments determining how to deal with blockchain), and education (assisting people in understanding and embracing the technology) are obstacles to be tackled.
Wraps up.
So, at its most basic, blockchain is a decentralized, clear, and secured means of documentation. Whether it is assisting farmers in obtaining fair prices for their products, accelerating international payments, or safeguarding sensitive medical information, blockchain has the capacity to change our lives and employment fundamentally.
Next time you learn about blockchain, recall the notebook analogy: It’s a shared, tamper-proof book everyone can view but no one can edit. And who knows? Maybe someday soon, blockchain will become as common as smartphones or the internet!
Even a small tip goes a long way!
ETH: 0x788571C4c836ec733a72ff84c626BF7F20736d76
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blockchainxtech · 5 months ago
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Binance clone script — Overview by BlockchainX
A Binance Clone Script is a pre-built, customizable software solution that replicates Binance's features, connect with BlockchainX
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What is Binance Clone Script
A Binance clone script refers to the ready-made solution of the Binance platform that deals with core functions parallel to the widely acclaimed cryptocurrency exchange platform associated with Binance. It enables companies to establish their own platforms like Binance, perfectly parameterized in terms of functionality and user interface of world-famous exchanges. The clone script provides display flexibility with built-in functionality such as spot trading software, futures trading configurations, and wallet systems that are extremely secure.
Basically, it reduces development costs and latency because things like these are already built. And as this is a startup for many young entrepreneurs, they can have saved on their capital to expand or grow their business.
The script is blessed as its feature set caters to future demands in the field. One can enjoy a safe trading experience to customers while ensuring that every peculiarity of Binance’s success opens up to investors of the script.
How does the Binance clone script work?
The Binance clone script works to provide a ready-made platform that replicates Binance’s core features, such as user registration, wallet management, trade and enables users to create accounts, deposit or withdraw cryptocurrency, and trade digital assets through an interface easily and safely. The platform supports various trading methods such as market orders, limit orders and forward trading. It has built-in security features like two-factor authentication (2FA) to save the user money. Admin dashboards allow platform owners to manage users, manage tasks, and set up billing. The script can be tailored to your brand, connecting liquidity sources to make trading more efficient. In short, the Binance clone script provides everything needed to create a fully functional crypto exchange.
key features of a Binance Clone Script
The key features of a Binance Clone Script are designed to make your cryptocurrency exchange platform secure, user-friendly, and fully functional. Here’s a simple overview of these features:
User-Friendly Interface
Multi-Currency Support
Advanced Trading Engine
Secure Wallet System
KYC/AML Integration
Admin Dashboard
Security Features
Trading Options
These features help ensure that your Binance-like exchange is efficient, secure, and ready for the growing crypto market.
Technology Stack Used by BlockchainX
Technology stack used for developing the Binance clone script involves the most advanced technology combination that ensures that the platform must have so much security, scalability, and performance to make it a platform that is secure, scalable, and high-performance as well. Here are a few key technologies and their brief descriptions:
Blockchain Technology:
The underlying part of the cryptocurrency exchange is Blockchain because it ensures the safe and decentralized processing of transactions.
Normally executed on either Ethereum or BSC (Binance Smart Chain) to carry out smart contracts and token transfers.
Programming Languages:
Frontend: For frontend, React or Angular could be engaged in actualization of the user interface leading to a responsive and interactive experience on the various devices.
Backend: In backend, languages like Node.js, Python, or Ruby on Rails can be applied on how internal logic is being run by server and arbitration of user interaction with the module is foremost.
Databases:
These two databases, MySQL or Postgresql, are typically used in user information storage, transaction records, and other exchange information.
NoSQL such as MongoDB or other databases might be used for horizontal scalability and high-volume transaction storage.
Smart Contracts:
It is used to generate and send out smart contracts for auto-trading, token generation, and other decentralized functionalities.
Blockchain Wallets:
Fundamentally, this automatically links famous wallet systems such as MetaMask, Trust Wallet, or Ledger for the secure storage and transactions of cryptocurrency.
Advantages of using a Binance Clone Script
Here are the advantages of using a Binance Clone Script:
Faster Time-to-Market
Cost-Effective
Customizable Features
Liquidity Integration
Multiple Trading Options
So, when entering the marketplace of the cryptocurrencies it would be the most possible work of something to pay off at a rapid pace: the Binance Clone Script proves so.
How to Get Started with BlockchainX’s Binance Clone Script
It is quite a straightforward process to begin working with a BlockchainX Binance Clone Script-this involves the first step of getting in touch with the company for an initial consulting period to understand more about what you require, need, or customize for the site, and what your goals are. When BlockchainX has an understanding of your needs, they offer a detailed list of what a proposal would entail before they can start the work; afterward, they will estimate the costs needed to do the project. Once both sides accept both the presentations and all features and timelines are agreed with, BlockchainX starts working on the development process of building a Binance Clone Script tailored to the brand, user interface, and other features.
After the entire platform is created, it passes through severe testing to ensure that everything functions excellently. Deployment follows the thorough test. BlockchainX customizes your user interface and more extensions, after deployment. BlockchainX also commits to supporting and sustaining your exchange so that it runs successfully and securely.
Conclusion:
At the end, your confusion may as well be cut short. Yes, the Binance Clone Script will be a resilient solution to spark up the exchange platforms synthesizing user-generated cryptocurrency dreams in the blockchain, even without bankroll when it comes to developing the app. Turning with BlockchainX expertise, you can make an adjustment and scale a powerful platform stocked with the likes of Binance that produced Blockchains, while still containing some specific set-ups for your masterpiece. More amazing features are exclusive to the clone script, moreover, such as support for multiple currencies, high-end security, real-time data, and a smooth user interface that completes the trading process for your users without any glitch.
This solution gives easy access to ready-made solutions. It could have quality Depending on the time you conveniently let BlockchainX’s be and use both exchanges or any variation of the two permutations. After all, who decides to couple up with a one-experienced Crypto Exchange developer who is struggling to offer anything new.
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playstationvii · 8 months ago
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#Playstation7 Security backend FireWall Dynamic Encryption, NFT integration CG’s and Online Store, Game download, installation and run processes.
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Creating a comprehensive backend system for a console that integrates security, encryption, store functionality, NFT integration, and blockchain encoding is an extensive task, but here’s a detailed outline and code implementation for these components:
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1. Security and Firewall System with Dynamic Encryption
The security system will need robust firewalls and periodic encryption mechanisms that update dynamically every 5 minutes and every 30th of a second.
1.1 Encryption Structure (Python-based) with Time-Based Swapping
We’ll use the cryptography library in Python for encryption, and random for generating random encryption keys, which will change periodically.
Encryption Swapping Code:
import os
import time
import random
from cryptography.fernet import Fernet
class SecuritySystem:
def __init__(self):
self.current_key = self.generate_key()
self.cipher_suite = Fernet(self.current_key)
def generate_key(self):
return Fernet.generate_key()
def update_key(self):
self.current_key = self.generate_key()
self.cipher_suite = Fernet(self.current_key)
print(f"Encryption key updated: {self.current_key}")
def encrypt_data(self, data):
encrypted = self.cipher_suite.encrypt(data.encode())
return encrypted
def decrypt_data(self, encrypted_data):
return self.cipher_suite.decrypt(encrypted_data).decode()
# Swapping encryption every 5 minutes and 30th of a second
def encryption_swapper(security_system):
while True:
security_system.update_key()
time.sleep(random.choice([5 * 60, 1 / 30])) # 5 minutes or 30th of a second
if __name__ == "__main__":
security = SecuritySystem()
# Simulate swapping
encryption_swapper(security)
1.2 Firewall Setup (Using UFW for Linux-based OS)
The console could utilize a basic firewall rule set using UFW (Uncomplicated Firewall) on Linux:
# Set up UFW firewall for the console backend
sudo ufw default deny incoming
sudo ufw default allow outgoing
# Allow only specific ports (e.g., for the store and NFT transactions)
sudo ufw allow 8080 # Store interface
sudo ufw allow 443 # HTTPS for secure transactions
sudo ufw enable
This basic rule ensures that no incoming traffic is accepted except for essential services like the store or NFT transfers.
2. Store Functionality: Download, Installation, and Game Demos
The store will handle downloads, installations, and demo launches. The backend will manage game storage, DLC handling, and digital wallet integration for NFTs.
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2.1 Download System and Installation Process (Python)
This code handles the process of downloading a game, installing it, and launching a demo.
Store Backend (Python + MySQL for Game Listings):
import mysql.connector
import os
import requests
class GameStore:
def __init__(self):
self.db = self.connect_db()
def connect_db(self):
return mysql.connector.connect(
host="localhost",
user="admin",
password="password",
database="game_store"
)
def fetch_games(self):
cursor = self.db.cursor()
cursor.execute("SELECT * FROM games")
return cursor.fetchall()
def download_game(self, game_url, game_id):
print(f"Downloading game {game_id} from {game_url}...")
response = requests.get(game_url)
with open(f"downloads/{game_id}.zip", "wb") as file:
file.write(response.content)
print(f"Game {game_id} downloaded.")
def install_game(self, game_id):
print(f"Installing game {game_id}...")
os.system(f"unzip downloads/{game_id}.zip -d installed_games/{game_id}")
print(f"Game {game_id} installed.")
def launch_demo(self, game_id):
print(f"Launching demo for game {game_id}...")
os.system(f"installed_games/{game_id}/demo.exe")
# Example usage
store = GameStore()
games = store.fetch_games()
# Simulate downloading, installing, and launching a demo
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store.download_game("http://game-download-url.com/game.zip", 1)
store.install_game(1)
store.launch_demo(1)
2.2 Subsections for Games, DLC, and NFTs
This section of the store manages where games, DLCs, and NFTs are stored.
class GameContentManager:
def __init__(self):
self.games_folder = "installed_games/"
self.dlc_folder = "dlcs/"
self.nft_folder = "nfts/"
def store_game(self, game_id):
os.makedirs(f"{self.games_folder}/{game_id}", exist_ok=True)
def store_dlc(self, game_id, dlc_id):
os.makedirs(f"{self.dlc_folder}/{game_id}/{dlc_id}", exist_ok=True)
def store_nft(self, nft_data, nft_id):
with open(f"{self.nft_folder}/{nft_id}.nft", "wb") as nft_file:
nft_file.write(nft_data)
# Example usage
manager = GameContentManager()
manager.store_game(1)
manager.store_dlc(1, "dlc_1")
manager.store_nft(b"NFT content", "nft_1")
3. NFT Integration and Blockchain Encoding
We’ll use blockchain to handle NFT transactions, storing them securely in a blockchain ledger.
3.1 NFT Blockchain Encoding (Python)
This script simulates a blockchain where each block stores an NFT.
import hashlib
import time
class Block:
def __init__(self, index, timestamp, data, previous_hash=''):
self.index = index
self.timestamp = timestamp
self.data = data
self.previous_hash = previous_hash
self.hash = self.calculate_hash()
def calculate_hash(self):
block_string = f"{self.index}{self.timestamp}{self.data}{self.previous_hash}"
return hashlib.sha256(block_string.encode()).hexdigest()
class Blockchain:
def __init__(self):
self.chain = [self.create_genesis_block()]
def create_genesis_block(self):
return Block(0, time.time(), "Genesis Block", "0")
def get_latest_block(self):
return self.chain[-1]
def add_block(self, new_data):
previous_block = self.get_latest_block()
new_block = Block(len(self.chain), time.time(), new_data, previous_block.hash)
self.chain.append(new_block)
def print_blockchain(self):
for block in self.chain:
print(f"Block {block.index} - Data: {block.data} - Hash: {block.hash}")
# Adding NFTs to the blockchain
nft_blockchain = Blockchain()
nft_blockchain.add_block("NFT1: Digital Sword")
nft_blockchain.add_block("NFT2: Magic Shield")
nft_blockchain.print_blockchain()
3.2 NFT Wallet Transfer Integration (Python)
This script will transfer NFTs into wallets or digital blockchain systems.
class NFTWallet:
def __init__(self):
self.wallet = {}
def add_nft(self, nft_id, nft_data):
self.wallet[nft_id] = nft_data
print(f"Added NFT {nft_id} to wallet.")
def transfer_nft(self, nft_id, recipient_wallet):
if nft_id in self.wallet:
recipient_wallet.add_nft(nft_id, self.wallet[nft_id])
del self.wallet[nft_id]
print(f"Transferred NFT {nft_id} to recipient.")
# Example usage
user_wallet = NFTWallet()
user_wallet.add_nft("nft_1", "Digital Art Piece 1")
recipient_wallet = NFTWallet()
user_wallet.transfer_nft("nft_1", recipient_wallet)
4. CG (Computer Graphics) Storage for Cutscenes and Artwork
4.1 Storing and Retrieving CG Assets
This system stores CG assets (cutscenes, artwork, etc.) for later viewing and reminiscing.
class CGStorage:
def __init__(self):
self.cg_folder = "cg_assets/"
os.makedirs(self.cg_folder, exist_ok=True)
def store_cg(self, cg_id, cg_data):
with open(f"{self.cg_folder}/{cg_id}.mp4", "wb") as cg_file:
cg_file.write(cg_data)
print(f"CG {cg_id} stored.")
def retrieve_cg(self, cg_id):
with open(f"{self.cg_folder}/{cg_id}.mp4", "rb") as cg_file:
return cg_file.read()
# Example usage
cg_storage = CGStorage()
cg_storage.store_cg("cutscene_1", b"CG video data")
cg_data = cg_storage.retrieve_cg("cutscene_1")
Summary of the System:
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1. Security: Dynamic encryption swaps with regular firewall management.
2. Store: Handles game downloads, installations, and demo launches, including storage for games, DLC, and NFTs.
3. NFT Integration: A blockchain-based system for NFT encoding and wallet transfers.
4. CG Storage: Storing and retrieving game cutscenes and artwork for later viewing.
This framework is scalable and can be extended as the console ecosystem grows. Each component works independently but can be integrated into a larger gaming console backend system.
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Atom: The Beginning & AI Cybersecurity
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Atom: The Beginning is a manga about two researchers creating advanced robotic AI systems, such as unit A106. Their breakthrough is the Bewusstein (Translation: awareness) system, which aims to give robots a "heart", or a kind of empathy. In volume 2, A106, or Atom, manages to "beat" the highly advanced robot Mars in a fight using a highly abstracted machine language over WiFi to persuade it to stop.
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This may be fiction, but it has parallels with current AI development in the use of specific commands to over-run safety guides. This has been demonstrated in GPT models, such as ChatGPT, where users are able to subvert models to get them to output "banned" information by "pretending" to be another AI system, or other means.
There are parallels to Atom, in a sense with users effectively "persuading" the system to empathise. In reality, this is the consequence of training Large Language Models (LLM's) on relatively un-sorted input data. Until recent guardrail placed by OpenAI there were no commands to "stop" the AI from pretending to be an AI from being a human who COULD perform these actions.
As one research paper put it:
"Such attacks can result in erroneous outputs, model-generated hate speech, and the exposure of users’ sensitive information." Branch, et al. 2022
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There are, however, more deliberately malicious actions which AI developers can take to introduce backdoors.
In Atom, Volume 4, Atom faces off against Ivan - a Russian military robot. Ivan, however, has been programmed with data collected from the fight between Mars and Atom.
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What the human researchers in the manga didn't realise, was the code transmissions were a kind of highly abstracted machine level conversation. Regardless, the "anti-viral" commands were implemented into Ivan and, as a result, Ivan parrots the words Atom used back to it, causing Atom to deliberately hold back.
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In AI cybersecurity terms, this is effectively an AI-on-AI prompt injection attack. Attempting to use the words of the AI against itself to perform malicious acts. Not only can this occur, but AI creators can plant "backdoor commands" into AI systems on creation, where a specific set of inputs can activate functionality hidden to regular users.
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This is a key security issue for any company training AI systems, and has led many to reconsider outsourcing AI training of potential high-risk AI systems. Researchers, such as Shafi Goldwasser at UC Berkley are at the cutting edge of this research, doing work compared to the key encryption standards and algorithms research of the 1950s and 60s which have led to today's modern world of highly secure online transactions and messaging services.
From returning database entries, to controlling applied hardware, it is key that these dangers are fully understood on a deep mathematical, logical, basis or else we face the dangerous prospect of future AI systems which can be turned against users.
As AI further develops as a field, these kinds of attacks will need to be prevented, or mitigated against, to ensure the safety of systems that people interact with.
References:
Twitter pranksters derail GPT-3 bot with newly discovered “prompt injection” hack - Ars Technica (16/09/2023)
EVALUATING THE SUSCEPTIBILITY OF PRE-TRAINED LANGUAGE MODELS VIA HANDCRAFTED ADVERSARIAL EXAMPLES - Hezekiah Branch et. al, 2022 Funded by Preamble
In Neural Networks, Unbreakable Locks Can Hide Invisible Doors - Quanta Magazine (02/03/2023)
Planting Undetectable Backdoors in Machine Learning Models - Shafi Goldwasser et.al, UC Berkeley, 2022
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xettle-technologies · 6 months ago
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What Are the Costs Associated with Fintech Software Development?
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The fintech industry is experiencing exponential growth, driven by advancements in technology and increasing demand for innovative financial solutions. As organizations look to capitalize on this trend, understanding the costs associated with fintech software development becomes crucial. Developing robust and secure applications, especially for fintech payment solutions, requires significant investment in technology, expertise, and compliance measures. This article breaks down the key cost factors involved in fintech software development and how businesses can navigate these expenses effectively.
1. Development Team and Expertise
The development team is one of the most significant cost drivers in fintech software development. Hiring skilled professionals, such as software engineers, UI/UX designers, quality assurance specialists, and project managers, requires a substantial budget. The costs can vary depending on the team’s location, expertise, and experience level. For example:
In-house teams: Employing full-time staff provides better control but comes with recurring costs such as salaries, benefits, and training.
Outsourcing: Hiring external agencies or freelancers can reduce costs, especially if the development team is located in regions with lower labor costs.
2. Technology Stack
The choice of technology stack plays a significant role in the overall development cost. Building secure and scalable fintech payment solutions requires advanced tools, frameworks, and programming languages. Costs include:
Licenses and subscriptions: Some technologies require paid licenses or annual subscriptions.
Infrastructure: Cloud services, databases, and servers are essential for hosting and managing fintech applications.
Integration tools: APIs for payment processing, identity verification, and other functionalities often come with usage fees.
3. Security and Compliance
The fintech industry is heavily regulated, requiring adherence to strict security standards and legal compliance. Implementing these measures adds to the development cost but is essential to avoid potential fines and reputational damage. Key considerations include:
Data encryption: Robust encryption protocols like AES-256 to protect sensitive data.
Compliance certifications: Obtaining certifications such as PCI DSS, GDPR, and ISO/IEC 27001 can be costly but are mandatory for operating in many regions.
Security audits: Regular penetration testing and vulnerability assessments are necessary to ensure application security.
4. Customization and Features
The complexity of the application directly impacts the cost. Basic fintech solutions may have limited functionality, while advanced applications require more extensive development efforts. Common features that add to the cost include:
User authentication: Multi-factor authentication (MFA) and biometric verification.
Real-time processing: Handling high volumes of transactions with minimal latency.
Analytics and reporting: Providing users with detailed financial insights and dashboards.
Blockchain integration: Leveraging blockchain for enhanced security and transparency.
5. User Experience (UX) and Design
A seamless and intuitive user interface is critical for customer retention in the fintech industry. Investing in high-quality UI/UX design ensures that users can navigate the platform effortlessly. Costs in this category include:
Prototyping and wireframing.
Usability testing.
Responsive design for compatibility across devices.
6. Maintenance and Updates
Fintech applications require ongoing maintenance to remain secure and functional. Post-launch costs include:
Bug fixes and updates: Addressing issues and releasing new features.
Server costs: Maintaining and scaling infrastructure to accommodate user growth.
Monitoring tools: Real-time monitoring systems to track performance and security.
7. Marketing and Customer Acquisition
Once the fintech solution is developed, promoting it to the target audience incurs additional costs. Marketing strategies such as digital advertising, influencer partnerships, and content marketing require significant investment. Moreover, onboarding users and providing customer support also contribute to the total cost.
8. Geographic Factors
The cost of fintech software development varies significantly based on geographic factors. Development in North America and Western Europe tends to be more expensive compared to regions like Eastern Europe, South Asia, or Latin America. Businesses must weigh the trade-offs between cost savings and access to high-quality talent.
9. Partnering with Technology Providers
Collaborating with established technology providers can reduce development costs while ensuring top-notch quality. For instance, Xettle Technologies offers comprehensive fintech solutions, including secure APIs and compliance-ready tools, enabling businesses to streamline development processes and minimize risks. Partnering with such providers can save time and resources while enhancing the application's reliability.
Cost Estimates
While costs vary depending on the project's complexity, here are rough estimates:
Basic applications: $50,000 to $100,000.
Moderately complex solutions: $100,000 to $250,000.
Highly advanced platforms: $250,000 and above.
These figures include development, security measures, and initial marketing efforts but may rise with added features or broader scope.
Conclusion
Understanding the costs associated with fintech software development is vital for effective budgeting and project planning. From assembling a skilled team to ensuring compliance and security, each component contributes to the total investment. By leveraging advanced tools and partnering with experienced providers like Xettle Technologies, businesses can optimize costs while delivering high-quality fintech payment solutions. The investment, though significant, lays the foundation for long-term success in the competitive fintech industry.
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