You are reading the article A Stroke Took Away This Neuroscientist’s Sense Of Past And Future updated in December 2023 on the website Daihoichemgio.com. We hope that the information we have shared is helpful to you. If you find the content interesting and meaningful, please share it with your friends and continue to follow and support us for the latest updates. Suggested January 2024 A Stroke Took Away This Neuroscientist’s Sense Of Past And Future
As a neuroanatomist at Harvard, I studied how our brain creates our perception of reality. And then one morning, I woke up with a sharp pain directly behind my left eye. In the course of four hours, I lost the ability to walk, talk, read, write, or recall any of my life. I was experiencing a major hemorrhage, bleeding in the left half of my brain, which rendered me an infant in a woman’s body.
The perception of time is, of course, controlled by cells inside our brains. Cells in the left hemisphere allow us to think linearly, to recognize that things happen in a certain order. My stroke completely shut down those cells, leaving me dependent on my right hemisphere, which doesn’t register anything beyond the present. I had no perception of the past or future. What I was seeing and smelling and experiencing at that instant was my entire existence.
It’s hard to put that feeling into words, but consider this situation: Your clothes are in a pile. You use your linear brain—the left half—to figure out what goes on first and what goes on last. You’re going to put on your underwear before you put on your pants. Without that sense of linearity, all you have are the individual pieces. It’s hard to relate to people when you think that way; it’s not good when a storyteller tells you the punchline before the joke.
A couple of weeks after the hemorrhage, surgeons pulled a golf-ball-size blood clot out of my left cerebral cortex. I immediately felt brighter and more present—even with a hole in my head. Brain cells, and a lot of my memories, started to come back online. I began to relearn skills. And I learned to work with time: I had a watch, and I understood the concept. But my experience remained very much in the present moment for a good six years. You could teach me how to put my socks and shoes on, yes. But if you put them down in front of me, I wouldn’t know which to put on first.
Eventually, time came back. Some abilities I had to learn all over again, and some just returned on their own. I remember some things I forgot, but I have no clue what parts of myself I’ve lost forever. I still can’t remember, say, what my 10th birthday cake looked like. Can you?
It takes a whole lotta gray matter.
This is how your brain tells time
This article was originally published in the September/October 2023 Mysteries of Time and Space issue of Popular Science.
You're reading A Stroke Took Away This Neuroscientist’s Sense Of Past And Future
Below is my interview with Cristian Ángel Rennella, the co-founder of chúng tôi a Latin American car insurance and loan comparison website. He has been an entrepreneur since 2008.
Author Note: Cristian’s first language isn’t English, so please excuse any of my translation errors.How Did This Process Start?
Six years ago, we were two computer engineers who had just gotten our degrees and we were starting to develop and program our first start-up. At that time, we were aware we knew very little and the road ahead would teach us millions of new things, we did know from day one that two aspects were not negotiable:
We didn’t want a non-technical person tell us what we should do.
Furthermore, we thought by working more efficiently, we would have 50% more time to spend with our families.Why Were These Two Decisions So Important to You?
Here are our main reasons:
Before starting our first start-up, we had worked as programmers for several companies such as HP, IBM, and Intel. While there, we found an enormous contradiction: someone who didn’t have technical knowledge used to tell us what to do, and several times, they voiced an opinion on how we performed the task. And, we couldn’t forget they would then supervise and rate our job. As it can be seen in the story of Larry Page during his first steps as Google CEO: “Engineers shouldn’t have to be supervised by managers with limited tech knowledge.”
On the other hand, personally as a programmer and engineer, I constantly have a profound disconnection between my schedules and the ones from a manager. In order to do my job with optimum work efficiency, I consider that I need between 3, 4 and even 5 consecutive hours of programming without interruptions. This is definitely not viable when our boss adds a meeting during the course of our working day. Although it seems so simple, it’s not a viable option to stop programming, attend the meeting, and then come back and continue writing code. Paul Graham, programmer, entrepreneur, and creator of YCombinator shared in this excellent article on his personal blog: “For a programmer, the cost of attending a meeting is always higher.”
The three above items reflect why we don’t work with managers in our start-up, but also, why we work 4 days a week (32 hours). Millions of books have been written about work balance in life. However, we [believe] that the implementations are scarce. Don’t get us wrong. Work is important to us; it’s our source of income and professional fulfillment. But we think our family is more important and we are willing to reflect that in our priorities. This is the reason why we work four days a week instead of five, to have 50% more time with our families.
Every day we see excellent engineers choose to work in a 100% technical environment instead of having to be supervised by non-tech people. The degree of attraction and retention of talent for our start-up is excellent and, consequently, it generates an ideal work environment for this professional profile specifically.How Did You Implement These Strategies in Your Start-up?
To achieve what was mentioned before, there are several factors we defined since our first day. We have stuck to those factors since we were only two co-founders, until today, with 34 employees. We grow an average of 102% annually in our revenues, [combining] everything with our own resources (bootstrapping) in five countries: Argentina, Brazil, Mexico, Colombia, and Chile.1) No More Meetings
One of the first factors that we modified was to do away with these kinds of meetings. No more personal or group meetings that interrupt 2 or more people’s time. There are no meetings to include in somebody’s work day.
I personally hate wasting time and losing track of what I was doing before a meeting so that I can be ready on time and fully prepared. First, you need to make the call, and then expect not to have communication issues, and finally, you need to fully concentrate again to program and be productive.
This change [to no meetings] can be simple for some people, others may not even think about it. I suggest you try it. Its potential is amazing and it has given us great results for the last six years.
In this way, we become asynchronous programmers. This means that we can work four hours fully concentrated and efficiently without being distracted. After that, when we have time, we are the ones who decide to answer an email/message. Our main means of communication is through text (no calls, no videos, and no meetings.)2) No More Emails
This is not like the previous item, because we didn’t completely eliminate the emails as we did with the meetings. However, with this work mechanism we were able to reduce the amount of emails received daily from an average of 55 to less than five.
And this is not about the amount of emails, but about the productivity I achieved by not having to use my email as a To-Do list.
The idea of this item is to change the work methodology. We shouldn’t be imposed on by something and be sent to our desk with a task (push). On the contrary, we are the ones who should choose to work on the task we are more interested in (pull.)
To take this to our day-to-day reality, we created an internal tool that we named “iAutonomous.” This is a list of projects which our start-up is currently working on.
Each one of us can create a new project or incorporate ourselves into an already existent one.
If any member of the team creates a new project to work on, they must specify what it consists on, its aim, and the resources they need to achieve it (how many programmers, designers, etc).
[Additionally], if someone wants to get into an existent project, they just need to read the specifications, degree of development, and current status, then join the project.
iAutonomous is our custom-made software which administrates our projects as a SaaS tool (Software as a Service.) This is the pillar of our structure. No more emails telling us what to do, now each [person] decides what and when to do it.3) There’s No Office
Since day one we agreed we wouldn’t have a physical office and each one of us would work from their houses in any country of Latin America.
This is the reason iAutonomous is so important, and why we’ll go on improving it over time. It allows us to know in real-time what each of the 34 members of this start-up is working on and their records. It tells us what projects they are participating on, how many hours they devote to it daily, what degree of development it has, what’s left to finish it, etc.
In order for this to work correctly we need to have clear goals and they need to be known to each and every one of us. Consequently, each created project and each invested hour is aligned with our annual goals in order to make our medium and large term goals a reality.4) Only proactive engineers
Another factor that is crucial for this work methodology to succeed efficiently is to look exclusively for other engineers like us.
This means, we need people who don’t need to be told what to do and who don’t need to be supervised all the time.
Each one of us is considered as an entrepreneur per se. Each one knows when they are doing things correctly in time and manner.
We have definitely made mistakes and hired good engineers, who unfortunately didn’t have this profile. As our culture has consolidated throughout the years, we don’t need a manager to report a mistake. People who make mistakes are rapidly exposed in a few days or weeks and without wasting any time, we decide not to work with them anymore. This also avoids wearing the culture off and wasting the time of the people who do work well.5) No more Fridays
Finally, we decided to eliminate Fridays. Unlike the previous items, this decision was made two years ago and not from the beginning.
If we live the work methodology described and fully focus effectively from Monday to Thursday, it’s more than enough to successfully reach our goals.What Else Do You Think Readers Need to Know About This Work Structure?
I understand the readership may be thinking that this works only because our start-up emerged and grew with our own resources (bootstrapping), and because there were no investors we needed to explain our work or show results to. They may be thinking it also worked because we are from Latin America and not from the first world, or because we are a team of only engineers, etc. But we are not an isolated example,and I’m glad this doesn’t apply to us only.
Treehouse, a start-up with a venture capital investment of more than 20 million dollars and more than 100 employees, also implements it successfully. I invite you to try it and change the way in which you work.
Featured Image: Monkey Business Images via Shutterstock
Myths vs. Facts: Making Sense of COVID-19 Vaccine Misinformation
Photo by Jackie Ricciardi
Public HealthMyths vs. Facts: Making Sense of COVID-19 Vaccine Misinformation When so much wrong information is readily available, convincing people to get vaccinated has proven to be a huge challenge
Myth: pronounced mith; noun; definition: a widely held but false belief or idea; synonyms: misconception, fallacy, fantasy, fiction.
Among the many reasons COVID-19 vaccination rates in the United States peaked earlier than experts hoped—then, rather than crescendoing into the summer months, began trending downward—are myths that took hold among the unvaccinated and solidified as their reasons not to get the shots. The vaccine will make women sterile; the vaccines are too new; the shots have a microchip in them; the vaccine itself will give me COVID; I’m immune because I had COVID; breakthrough cases prove vaccines are useless.
There are more. And none of them are true.
So let’s cut to the chase. Myth vs. Fact. The Brink took some of the most widespread myths to two leading infectious disease experts, Davidson Hamer, a faculty member of BU’s School of Public Health, School of Medicine, and National Emerging Infectious Diseases Laboratories, and Sabrina Assoumou, a BU School of Medicine assistant professor of medicine and of infectious diseases and a Boston Medical Center physician.
If these two experts encountered someone on the street who cited one of these myths as their reason not to get vaccinated, this is what they would say to them. To provide extra context, we include one more fact.
MYTH: The COVID vaccines were not rigorously tested, which is why they have only emergency authorization approval and not full Food and Drug Administration approval. (Update: Pfizer’s vaccine received full FDA approval on August 19)
“Vaccine developers didn’t skip any testing steps, but conducted some of the steps on an overlapping schedule to gather data faster.”—Johns Hopkins Medicine
Assoumou: This is the most common question I get asked. I think there is a perception that things moved very fast, but we want to underscore that the technology being used now was being studied for a decade. The main difference between emergency use versus full FDA approval is that you need two months of monitoring rather than six months. When you look at the history of vaccines, if patients were to develop side effects, these occurred within two months. We are now over six months into our experience with these vaccines. We have not seen anything that would make us believe that the risks outweigh the benefits. And vaccines have saved so many lives.
Hamer: The development was more rapid than many other vaccines. But it used the same process of phase one and phase two trials following appropriate safety measures. Stage three trials were large-scale trials done rigorously with very clear outcome definitions. The safety measures and approaches taken are standard for clinical trials. They just did it more rapidly than usual. The full process review is ongoing and we are already hearing that Pfizer will have full FDA authorization by September and Moderna soon after.
MYTH: The technology used to create the COVID vaccines is too new to be safe.
The technology used, called messenger RNA, or mRNA, is not new. Research on it actually began in the early 1990s, and two diseases that are very close to COVID—SARS (severe acute respiratory syndrome) in 2003, and MERS (Middle East respiratory syndrome)—helped bring the mRNA vaccine development to present day use.—Centers for Disease Control and Prevention, Understanding mRNA COVID-19 Vaccines
Assoumou: The reason this is called SARS-COV-2 is that there was a SARS-1, the original one, and scientists were working on this vaccine. So when this pandemic arrived they had already developed a lot of the science. A decade of work was actually going on. That’s one issue I like to emphasize when people think it was rushed.
The other point I like to remind people is that these vaccines went through all the regulatory steps like any other vaccines. None of this was rushed. The FDA reviewed all the data. When you say “Emergency use,” people think it was rushed, but the way to think about it is that the benefits outweigh the risks.
MYTH: Breakthrough cases prove that even if I get the vaccine, I might still get COVID. So why bother?
As of August 9, the CDC said there had been 8,054 vaccinated people who were hospitalized or died who had also tested positive for coronavirus—out of more than 166 million fully vaccinated Americans. That’s roughly .005 percent. Additionally, CDC director Rochelle Walensky has said that 99.5 percent of all deaths from COVID-19 are in the unvaccinated.—Politifact, Fact Checking Joe Biden’s Figure on Unvaccinated COVID-19 Deaths
Hamer: COVID vaccines have been shown to be very powerful in preventing more severe disease and the need for hospitalization. Breakthroughs occur at a much, much lower rate than in people who are unvaccinated. The breakthroughs have been occurring more frequently with the Delta variant because of the high level of infectiousness (or transmissibility) of the Delta variant and lower protection of current vaccines against this variant. But people having breakthroughs have much more mild infection, more like an upper respiratory infection. The vaccines prevent severe disease and complications and allow people to return to a more normal state.
Assoumou: I was just at the hospital taking care of patients. I can tell you all the cases of people getting hospitalized are unvaccinated. Breakthrough cases account for much less than 1 percent. There are so many zeros before the one—99 percent of people dying now of COVID are unvaccinated. And 97 percent of those hospitalized are unvaccinated. We are just not seeing large numbers of people vaccinated being hospitalized. And if you get it, for the most part it is like having a cold.
MYTH: The COVID vaccines can affect a woman’s fertility.
This rumor started after a report claimed inaccurately, yet circulated on social media, that the SPIKE protein on this coronavirus was the same as another protein called syncytin-1 that is involved in the growth and attachment of the placenta during pregnancy. It was quickly debunked as false by the scientific community.—STAT News, Shattering the Infertility Myth
Hamer: I think people were worried that the messenger RNA in these vaccines messes with their genes. It doesn’t. It doesn’t even make it into the nucleus of your cells. It won’t intervene with any metabolic activity.
Assoumou: Ohh, this is so common that I hear this. For young women of childbearing age, it’s a common question. It started with a report that was incorrect and has been debunked. But unfortunately, once the information gets out there, the correct information doesn’t always come through. I tell people that when we look at the mechanism by which these vaccines work, we see that they simply don’t impact fertility.
MYTH: I already had COVID, therefore I don’t need the vaccine. I’m immune.
“After people recover from infection with a virus, the immune system retains a memory of it,” the National Institutes of Health explains. While that’s good for the immune system, it also means that even after you recover from COVID, it’s still inside your body and can resurface. Studies have been unclear how long immunity lasts after having COVID—most experts believe anywhere from 90 days to six months, though it could be longer.—National Institutes of Health
Assoumou: That’s a very common one. The information we have right now is that vaccines provide a more broad-based immune response that will protect you for a longer period of time. With the mRNA vaccines, you have two shots, one to prime and then another one to boost the immune system. You need the boost to protect you for a longer period of time.
Hamer: After three to six months or so, the natural immunity begins to wane and the risk of reinfection returns. We are definitely seeing people develop reinfections. Receiving the vaccine after having COVID is like a booster effect, and therefore it’s much more effective. Studies have been done comparing those who had the disease versus those who did not, and those who got at least one shot after having COVID end up with very high levels of antibodies.
MYTH: Children do not need to be vaccinated because they do not become sick from COVID-19.
“Hundreds of children in Indonesia have died from the coronavirus in recent weeks, many of them under age 5.” A five-year old boy in the state of Georgia died of coronavirus in July.—The New York Times , and CNN
Assoumou: That’s a very common one. It is true that children are not dying at the same rate as we are seeing in older adults. But children are going to grow up to be adults. We want to protect them as soon as possible. In addition, we are seeing some of the consequences of COVID. Not only deaths. But there is also multisystem inflammatory syndrome (MISC) of children, where children get very sick, and we are still figuring out the details and long-term complications of this syndrome. Then there are emerging data that children are developing long COVID [symptoms that linger]. We have vaccines that are safe and effective in children 12 and above and we’re hoping we’ll have it soon for younger kids.
Also, children are part of the “herd.” When we talk about “herd immunity,” we are referring to the level of immunity when the disease stops spreading in the community. Children are part of the population. Now that we have the Delta variant, we’re going to have to get to an even higher percentage of the population vaccinated to reach population level immunity. Children are part of the community. It will be harder to get to some normalcy if a large proportion of the population remains unvaccinated.
MYTH: I’m vaccinated. So I can drop all my COVID precautions, right?
Studies have shown that a person infected with the Delta variant of COVID has roughly 1,000 times more copies of the virus in their respiratory tracts than a person infected with the original strain.—CDC, Delta Variant: What We Know About the Science
Assoumou: The vaccines are safe, and remarkably effective. But what precautions to take will decide on a lot of factors. For example, where you live. Are you in a place with high vaccination coverage, like Massachusetts, or a southern state with low vaccination coverage and high case rate. It also depends on what activity you are engaging in. Outside not in a crowd, that’s safe. You don’t need a mask, but inside in a crowd where you don’t know who is vaccinated or unvaccinated, then you may still want to follow public health measures. If you have children less than 12, like I do, then you also need to be a little more cautious. In addition, if you have a compromised immune system, then you also need to take some precautions. If you happen to be in a place with high vaccination coverage and a lower case rate, then it might depend on your level of comfort for risk.
I do want to remind people there are still places we should mask up, like the doctor’s office or on public transportation.
MYTH: Getting the COVID vaccine actually gives you COVID.
It is not medically possible. The vaccine does not contain the virus.—Johns Hopkins Medicine
Hamer: COVID vaccines are not made with live virus SARS-COV-2 virus cells. They are not giving individuals the virus itself so you can’t get COVID from getting the vaccine.
MYTH: A microchip, with the backing of Bill Gates, is being implanted with the vaccine.
This one started when Microsoft cofounder Gates said in an interview: “We will have some digital certificates” that could ultimately show who’s been tested and who’s been vaccinated. (Alas, he never mentioned microchips.)—BBC, Coronavirus: Bill Gates Microchip Conspiracy Theory
Assoumou: If you are worried about being monitored, just look at your phone. You’re much more likely to have your activities tracked there. There is no microchip in the vaccine.
(When asked if she is able to able to keep a straight face when someone brings up the microchip to her, Assoumou said: “You have to be empathetic, so that people know you are listening to them.”)
Explore Related Topics:
Individual artificial intelligence is a new technology that will change the world for good
The current frameworks ofNew AI system for one user
A new type ofThe heart of the system, or how will the neuro-computer interface work?
In spite of the hypnotizing possibilities of this course, there have been a couple of endeavors on the planet to make a point of interaction interfacing the human mind and a PC straightforwardly. One of the most popular was Elon Musk’s Neuralink. The shortcoming of these activities is that they follow the conventional careful pathway and, therefore, neglect to conquer two essential snags. The first obstacle is the error of individual understanding of neighborhood foci of cerebrum movement. Basically, the cerebrum of every one of us is somewhat remarkable, assuming that one talks concerning which gatherings of neurons are liable for explicit capacities. In any case, this is still a large portion of the difficulty. More awful is that, because of pliancy, the image of cerebrum movement is continually evolving. The second, and truth be told, the main obstacle is the signal crossover point. Basically, this is where the artificial electronic signal becomes a biological nerve impulse and vice versa.
The current frameworks of artificial intelligence , with every one of their elements, make them thing in like manner: they are completely worked as single upward controlled electronic buildings that work utilizing calculations of differing intricacy. Brought together control is a compelling property of any man-made electronic figuring framework. But there is a new AI system that will change the world in other words Individual artificial intelligence.A new type of artificial intelligence will turn into a bio-electronic crossover, in which a living human mind and a machine will cooperate in a double integral framework. The two parts will supplement and support one another, making something totally new that neither nature nor planners of completely electronic frameworks have experienced previously. One will get acquainted with Individual artificial intelligence that is actually an individual type, built around a neuro-computer interface that directly connects the neurons of the human brain and a chúng tôi spite of the hypnotizing possibilities of this course, there have been a couple of endeavors on the planet to make a point of interaction interfacing the human mind and a PC straightforwardly. One of the most popular was Elon Musk’s Neuralink. The shortcoming of these activities is that they follow the conventional careful pathway and, therefore, neglect to conquer two essential snags. The first obstacle is the error of individual understanding of neighborhood foci of cerebrum movement. Basically, the cerebrum of every one of us is somewhat remarkable, assuming that one talks concerning which gatherings of neurons are liable for explicit capacities. In any case, this is still a large portion of the difficulty. More awful is that, because of pliancy, the image of cerebrum movement is continually evolving. The second, and truth be told, the main obstacle is the signal crossover point. Basically, this is where the artificial electronic signal becomes a biological nerve impulse and vice versa. In the Individual artificial intelligence system, the transmitting and receiving parts of the neuro-computer interface will be completely separated and, in fact, will be two completely different communication mechanisms.
Bypassing a paywall on WSJ, Business Insider, NYT, etc. is supposed to be something only a paid customer can do. A paywall is in place for that very purpose: to prevent anyone but paid users from accessing specific content.
However, depending on how the paywall works, you might have luck using a paywall unblocker to see what’s behind it. Other times, a simple browser trick might be enough to remove the paywall and read the article, watch the video, etc.
Table of Contents
There are two types of paywalls, and you’ll most likely have luck unlocking only the “soft” kind. A soft paywall is one that lets you see some of the content before it blocks the rest, whereas a hard paywall requires payment upfront without a content preview or limited-time access.
Note: We don’t recommend using paywall blockers because they starve a company of a potentially huge revenue source. Similar to ad-blockers, you should use them wisely and consider the impact they might have on your favorite sites.
Also, if you prefer to watch over reading, check out our short video on YouTube where we walk you through some of the paywall-bypassing options mentioned in the article:12 Paywall Unblockers
You can try a number of methods to get past a paywall. Some are bound to not work at all, but there’s surely one or two options that should work for the site you’re trying to access.Bypass Paywalls Firefox Extension
Use this Firefox extension to bypass the paywall. It works on Bloomberg, Denver Post, the Baltimore Sun, chúng tôi The Herald, and many other sites. Just use the download link at the top of that page to get the file, and then drag it into a Firefox window to install it.
From there, all you have to do is access the site to see if the extension removed the paywall. You can go into the settings to disable the block (allow the paywall) on any of the supported sites.Look for the Article Elsewhere
Copy the article’s headline and paste it into a search engine to look for a duplicate. This is one of the easiest ways to get around a paywall because many times, a popular article from a subscription-based
Something important to remember when doing a search like this where there are several spaces is to surround the words in quotes like you see above. This will limit the search results but guarantee that what you find is relevant to the article you’re after.Try the Unpaywall Chrome Extension
Unpaywall is a Chrome extension that unblocks paywalls on scholarly articles. It scours the internet for free PDF versions of the item and then provides you with a link to find the free version.Reset Your Browser Cookies
Delete your browser cookies or use incognito mode to get around the paywall. If the website lets you view a handful of articles and then blocks access with a paywall, they’re doing so via storing cookies that track how many pages you’ve viewed.
Removing the cookies or opening the website in incognito mode to bypass the cookies, will appear to the website as though you’re a new visitor, thus resetting the number of free articles you can open.
Learn where your browser’s cookies are stored to delete them. Or, see how to use private browsing mode in Chrome or Opera, Edge or Internet Explorer, or in Firefox.
Enter the page URL into Outline. Outline is meant for annotating web pages and reading the content with little distractions, but due to how it works, it’s generally helpful for getting past paywalls.Delete the Paywall Manually
Delete the paywall pop-up, if possible. Some websites use a super basic paywall system where the only thing stopping you from viewing the page is a pop-up. While there isn’t an exit button easily accessible, you can view the page source and remove it manually to reveal the content behind it.
paywall message and select Inspect. Use the mouse pointer option at the top left of Chrome’s tool to find the delete several things until you find the right mixture to get rid of the entire paywall.
too quickly or the paywall launches before the article, this won’t work. To try this, just refresh the page and hit the EscDig Through Archive Sites Use a “Read-it-Later” Tool
Similar to the cookie method above, this one doesn’t store the visit as one of your own because the page’s contents are being sent elsewhere and not loaded on your computer.Convert the Page to PDF
There are lots of page-to-PDF converters out there, one example being chúng tôi Just put the URL of the paywall page into the text box, convert it, and then download the PDF to have yourself an offline, always-accessible copy of the article.Look for Login Details
If it’s a hard paywall you’re dealing with that requires a user account, try a shared login service. Websites like BugMeNot might have login details you can use to log in to the website and bypass the paywall by pretending to be a real user.Sign up for a Free Trial
Another paywall bypass method involves paying…sort of. If there’s an option to apply for a trial so that you can get around the paywall, use it and then cancel the trial before you’re charged. This is definitely a no-brainer, but the reason we bring it up is because it’s still free and will definitely get you past the block.
However, if you do this, be sure to cancel the trial or you’ll have to pay! You can use a virtual payment service like Privacy to make sure the card you use to pay only covers the trial and won’t charge you for the service.
Decline and primarily depreciation was the story of the Filecoin [FIL] till we hit Q3 of 2023. Interestingly, the decentralized storage network recorded the first positive revenue growth since the HyperDrive upgrade.
Recall that the HyperDrive upgrade took place in the second quarter (Q2) of 2023 to expand the Filecoin storage onboarding. Unfortunately, FIL had not recorded much success in revenue growth until this revelation by Messari, a leading crypto market intelligence provider.
1/ Serving as the decentralized, verifiable, peer-to-peer alternative to Amazon S3’s storage, @Filecoin saw positive growth in Q3.
— Messari (@MessariCrypto) October 14, 2023
Filecoin didn’t witness any traction in Q1 and Q2 of 2023 owing to extreme uncertainty looming around the entire cryptocurrency market. However, as per Filecoin’s latest report, it grew 9% in protocol revenue in Q3. This growth led to an increase of $1.8 million and as such more fees were generated from the token holders’ transactions.
Here’s AMBCrypto’s Price Prediction for Filecoin for 2023-2025
Ahead here; can’t catch a break there
Despite the breakthrough, Filecoin could not get ahead in all ramifications. According to the same report, the Filecoin network could not eliminate the decrease in its supply-side revenue, which went down by 4%.
Additionally, Filecoin seems to have achieved the goals of the upgrade as the storage utilizations grew six times Year-on-Year (YoY). This increase also spread its effect on other parts of the FIL network.
For context, the six-time growth helped Filecoin provide more block rewards for storage providers. In turn, the FIL storage deals increased by 82% as compared to the last quarter.
Per its price, FIL did not seem ready to leave behind the woeful Q3 performance. At press time, the altcoin had shredded 3.39% in the last 24 hours while trading at $5.06. According to CoinMarketCap, there was no contrasting position per its volume, which decreased by 40.56% within the same timeframe.
Will FVM change the momentum?
After the HyperDrive upgrade, Filecoin can look forward to the FVM integration. According to the FIL team, FVM would allow computation and programmability on the Filecoin network. While the FVM testnet is due for November 2023, Santiment revealed that preparation may have begun for the event.
Based on data from the on-chain analytic platforms, FIL’s development activity also witnessed a surge. Despite decreasing to 46.11 on 14 October, it reversed to an increase at press time, with the value at 49.67.
In other respects, FIL registered some high strides on 3 and 12 October per its social dominance. However, interest and discussions around the coin seemed to have dwindled as the social dominance remained at 0.013%.
On the charts, it seemed that FIL was less concerned about breaking out of the bears. But would the upcoming FVM testnet and launch play any role in creating better fortunes?
Per the Exponential Moving Average (EMA), FIL seemed destined for further bearish momentum in the short term. This was because the 50 EMA (yellow) maintained a position above the 20 EMA (blue). Albeit, FIL investors, could find the indications from the 200-week EMA, which showed bullish signs in the long term.
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