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The Phoenix Project Book Summary: A Novel about IT, DevOps, and Helping Your Business Win

“The Phoenix Project” by Gene Kim, Kevin Behr, and George Spafford is a novel that presents the challenges faced by a fictional company called Parts Unlimited and their journey towards achieving IT and organizational excellence. The story revolves around the protagonist, Bill, who is tasked with turning around a failing IT department and delivering a[...]

๐Ÿณ ๐—”๐—น๐—ด๐—ผ๐—ฟ๐—ถ๐˜๐—ต๐—บ๐˜€ ๐˜๐—ผ ๐—ž๐—ป๐—ผ๐˜„ ๐—•๐—ฒ๐—ณ๐—ผ๐—ฟ๐—ฒ ๐—ฌ๐—ผ๐˜‚๐—ฟ ๐—ก๐—ฒ๐˜…๐˜ ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ ๐——๐—ฒ๐˜€๐—ถ๐—ด๐—ป ๐—œ๐—ป๐˜๐—ฒ๐—ฟ๐˜ƒ๐—ถ๐—ฒ๐˜„

๐Ÿญ) ๐— ๐—ฒ๐—ฟ๐—ธ๐—น๐—ฒ ๐—ง๐—ฟ๐—ฒ๐—ฒ Used for identifying data inconsistencies between servers. Distributed systems aim to improve reliability and availability by storing data across multiple servers. Each server holds a copy of the data, which can be quite substantial. To identify any differences between the data on different servers, Merkle Trees are utilized. Calculating checksums for the[...]
investment bank

How does an investment bank work?

The diagram shows a front-to-back functional view. ๐Ÿ”น Front office (Pre-Trade & Trade) These core business functions include client services, research, trading, brokerage, and sales. A bank’s front office generates revenue. ๐Ÿ”น Middle office Middle office functions support front office functions, including trading risk management, control services, recordkeeping, limits management, and analytical services. ๐Ÿ”น Back[...]

๐Œ๐ข๐œ๐ซ๐จ๐ฌ๐ž๐ซ๐ฏ๐ข๐œ๐ž๐ฌ ๐ƒ๐ž๐ฌ๐ข๐ ๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ง๐ฌ – ๐๐š๐ซ๐ญ๐Ÿ

Microservices design patterns are software design patterns that generate ๐ซ๐ž๐ฎ๐ฌ๐š๐›๐ฅ๐ž ๐š๐ฎ๐ญ๐จ๐ง๐จ๐ฆ๐จ๐ฎ๐ฌ services. The aim is to allow developers who use microservices to accelerate application releases and deploy each microservice ๐ข๐ง๐๐ž๐ฉ๐ž๐ง๐๐ž๐ง๐ญ๐ฅ๐ฒ if needed. Different microservices patterns each have their advantages and drawbacks. Each service is fully ๐š๐ฎ๐ญ๐จ๐ง๐จ๐ฆ๐จ๐ฎ๐ฌ and full-stack. Changing a service implementation wonโ€™t impact other[...]

๐Ÿฑ ๐—ฏ๐—ผ๐—ผ๐—ธ๐˜€ ๐˜†๐—ผ๐˜‚ ๐—บ๐˜‚๐˜€๐˜ absolutly ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ ๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด ๐—น๐—ถ๐˜€๐˜

Here are the ๐Ÿฑ ๐—ฏ๐—ผ๐—ผ๐—ธ๐˜€ ๐˜†๐—ผ๐˜‚ ๐—บ๐˜‚๐˜€๐˜ ๐—ถ๐—ป๐—ฐ๐—น๐˜‚๐—ฑ๐—ฒ ๐—ถ๐—ป ๐˜†๐—ผ๐˜‚๐—ฟ ๐—ฟ๐—ฒ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด ๐—น๐—ถ๐˜€๐˜ ๐˜๐—ผ ๐—ด๐—ฒ๐˜ ๐˜‚๐—ฝ ๐˜๐—ผ ๐˜€๐—ฝ๐—ฒ๐—ฒ๐—ฑ ๐˜„๐—ถ๐˜๐—ต ๐˜๐—ต๐—ฒ ๐—ฒ๐—ป๐—ฑ-๐˜๐—ผ-๐—ฒ๐—ป๐—ฑ ๐——๐—ฎ๐˜๐—ฎ ๐—Ÿ๐—ถ๐—ณ๐—ฒ๐—ฐ๐˜†๐—ฐ๐—น๐—ฒ. I am a strong believer that you should strive to understand the entire end-to-end Data System if you want to achieve the best results in your career progression. This means having high level[...]
You Build it You Run it

How to Implement “You Build It You Run It You Own It” Successfully

Are you tired of constantly firefighting instead of building and improving your product? Does your engineering team struggle to take ownership of the software they build, leading to reliability and scalability issues? Fear not, because Site Reliability Engineering (SRE) and the “You Build It You Run It You Own It” philosophy can revolutionize the way[...]

How ChatGPT works technically

We attempted to explain how it works in this video. We will cover: – Large Language Model – GPT-3.5 – Fine-tuning – Prompt engineering – How to answer a prompt Watch and subscribe here (YouTube video):[...]

What are the data structures used in daily life?

A good engineer needs to recognize how data structures are used in our daily lives. list: keep your Twitter feeds stack: support undo/redo of the word editor queue: keep printer jobs, or send user actions in-game heap: task scheduling tree: keep the HTML document, or for AI decision suffix tree: for searching string in a[...]

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Blockchain FREE Books for Download

The Metaverse: And How it Will Revolutionize Everything

Tim Sweeney (CEO ofย Fortnite-maker Epic Games): โ€œMatthew Ballโ€™s essays have defined, analyzed, and inspired the Metaverse for years. His book is an approachable and essential guide to the strategic, technical, and philosophical foundations of this new medium.โ€ Derek Thompson (Atlanticย staff writer and national best-selling author ofย Hit Makers): โ€œThis book feels like a rare achievement: a...

Beyond Bitcoin: Decentralized Finance

“Everyone who cares about money is trying to get their heads around DeFi, and what it may mean for financial institutions. This book explains it all, with sparkle, depth and clarity.” Michael Jordaan, ex-CEO of First National Bank and co-founder of Bank Zero The first book for a popular audience on the transformative, democratising technology...

Bitcoin, Blockchain, and Cryptoassets: A Comprehensive Introduction

An introduction to cryptocurrencies and blockchain technology; a guide for practitioners and students. Bitcoin and blockchain enable the ownership of virtual property without the need for a central authority. Additionally, Bitcoin and other cryptocurrencies make up an entirely new class of assets that have the potential for fundamental change in the current financial system. This...

CRYPTOTRADING PRO: Trade for a Living with Time-tested Strategies, Tools and Risk Management Techniques, Contemporary Guide from the Beginner to the Pro

This book will show you the fastest and most profitable cryptocurrency earnings tool in 2022.ย It requires almost no investment and makes a profit, even when the market falls. There are dozens of ways to make money on cryptocurrencies and new ones appear almost every day: Mining Investment Ico Equipment sale Counseling Creation of crypto startups...

Crypto Trading for Ambitious Beginners: A Practical Guide to Profitable Trading in Bitcoin and other Cryptocurrencies

No, you haven’t missed the boat on crypto. In fact, compared to many other technological revolutions, the crypto revolution has really only just begunโ€”and this book will show you how to get into crypto the right way. Consider this observation about the computer revolution in the 1980s: โ€œToday only 15% of American homes have a...

Algorithmic Trading Strategies: The Most Profitable Algorithmic Trading Strategies for Crypto and Forex That Work in 2022

Do you want to learn how to make money trading the markets using a simple, yet highly effective algorithmic trading strategies? Includes Highly Profitable algorithmic Trading Strategies You Can Use For Crypto, Forex and Stocks! In this book you will learn how to make consistently profitable trades regardless of what’s going on in the market...

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Finance FREE Books for Download

What drives ๐ฌ๐ญ๐จ๐œ๐ค ๐ฉ๐ซ๐ข๐œ๐ž๐ฌ up and down?

The diagram below shows how ๐๐ž๐ฆ๐š๐ง๐ ๐š๐ง๐ ๐ฌ๐ฎ๐ฉ๐ฉ๐ฅ๐ฒ make the prices go up or down, using Metaโ€™s stock as an example. All the buy/sell orders are placed into a ๐‚๐‹๐Ž๐ (Centralized Limited Order Book). Green ones are buy orders, and red ones are sell orders. At each price level, there are several orders queued up...

What are the 4 models of ๐œ๐ซ๐จ๐ฌ๐ฌ-๐›๐จ๐ซ๐๐ž๐ซ ๐ฉ๐š๐ฒ๐ฆ๐ž๐ง๐ญ๐ฌ?

The diagram below shows the 4 models. โ–ถ๏ธ 1. ๐‚๐จ๐ซ๐ซ๐ž๐ฌ๐ฉ๐จ๐ง๐๐ž๐ง๐ญ ๐›๐š๐ง๐ค๐ข๐ง๐  ๐ฆ๐จ๐๐ž๐ฅ The correspondent bank holds deposits owned by other banks from other countries. This allows banks to access financial services in different jurisdictions. Under some international card schemes (Visa, Mastercard), participating banks typically rely on correspondent banking for settlement. โ–ถ๏ธ 2. ๐ˆ๐ง๐ญ๐ž๐ซ๐ฅ๐ข๐ง๐ค๐ข๐ง๐  ๐ฆ๐จ๐๐ž๐ฅ...

Why are stocks settled so slowly (T+2)?

The diagram below shows the overall flow. There are 3 parts: ๐Ÿ”น Trading ๐Ÿ”น Clearing ๐Ÿ”น Settlement โ–ถ๏ธ ๐“๐ซ๐š๐๐ข๐ง๐  Steps 1.1 – 1.3: The stock buyer and seller place orders via brokers or custodian banks. Step 2: The brokers execute the orders in the exchange. โ–ถ๏ธ ๐‚๐ฅ๐ž๐š๐ซ๐ข๐ง๐  Step 3: The exchange sends execution reports to...

๐–๐ก๐š๐ญ ๐ข๐ฌ ๐‚๐๐ƒ๐‚ (Central Bank Digital Currency)?

Why is it called ๐ฉ๐ซ๐จ๐ ๐ซ๐š๐ฆ๐ฆ๐š๐›๐ฅ๐ž ๐ฆ๐จ๐ง๐ž๐ฒ? The diagram below shows a typical retail ๐ญ๐ฐ๐จ-๐ญ๐ข๐ž๐ซ CBDC architecture. Tier 1 is the ๐œ๐ž๐ง๐ญ๐ซ๐š๐ฅ ๐›๐š๐ง๐ค, which is in charge of ๐ข๐ฌ๐ฌ๐ฎ๐ข๐ง๐  CBDC. Unlike cash, the issuing doesnโ€™t involve printing out money, rather it is just a digital currencies that exist in the central bankโ€™s system. Tier 2 is...

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The Emotionally Intelligent Manager: How to Develop and Use the Four Key Emotional Skills of Leadership

We have long been taught that emotions should be felt and expressed in carefully controlled ways...

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Mastery. Marginalia ROBERT GREENE

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The 10x Rule: The Only Difference Between Success and Failure

Achieve “Massive Action” results and accomplish your business dreams!ย While most people...

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[FREE EBOOK] Mastery by Robert Greene

So I just finished reading Mastery by Robert Greene. I must admit itโ€™s a great read. Indeed, the...

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