What sounds like a lot of effort is worth it — whether you are rich or not — Protect Your Money — From a Bankruptcy In most countries of the world, there is so-called deposit insurance. This insurance usually is government-sponsored and guarantees that the amount you had in your account at a bank that, for example, went bankrupt, will be fully refunded up to the amount of the deposit insurance. So if the deposit…

#1 Digital money makes us decadent — 1. Digital money makes us decadent You can buy anything almost anywhere. Thanks to modern technology, we don’t even need our wallets anymore. We can pay on the internet with PayPal, in stores with Apple Pay, Google Pay, or simply with our credit card. We don’t really need cash anymore — paying digitally is usually much…

Including automatic derivation — You can't get around gradient descent in machine learning. Especially if you really want to understand what is going on. The algorithm is powering different models and even neural networks. While you won't write it from scratch in 99% of your projects, implementing the algorithm by hand helps to understand…

And plotting the law of large numbers — You have experienced the birthday paradox yourself before. I am sure about that. It is one of those paradoxes taking place in real life. Think back to your time in kindergarten, elementary or high school. Or even think about your group of friends. How many cases do you know where…

An introduction to the fascinating metric — Expected goals, or xG, is an advanced metric that measures the quality of scoring chances in soccer. It provides an indication of whether a team deserves more or fewer goals based on the quality of their shots. Analyzing expected goals allows us to gain interesting and in-depth insights into a…

Figuring it out using Python — Lichess is currently the second most popular chess website. But when it comes to criticism, one buzzword appears a lot: Rating inflation. Especially chess.com fans speak of Lichess as “being inflated,” which makes one’s rating less valuable as a measure. But is this really the case? Is the rating on…

Up and running in Next.js — Less than 24 hours ago, Next.js 13 was published. With it, Vercel introduced Turbopack, an all-new bundler for the web, based on Rust for incredible performance. Vercel claims, Turbopack is the successor of Webpack, and funnily, the project is led by the creator of Webpack, Tobias Koppers. While Turbopack is…

And why the distinction matters — Stability is an important concept when it comes to sorting algorithms. It might help you to avoid unnecessary effort. And it shows very well that there is no sorting algorithm for all cases — it always depends. But what is a stable and an unstable sorting algorithm? Let’s find out! What we mean by stability …

Learn about parallelism, piping, maps, and more — Clio is a quite young programming language. A programming language that compiles to JavaScript — no matter if for the browser or Node.js. While TypeScript is “just” a superset of JavaScript, Clio is something completely new. And it comes with exciting features. Clio is a functional programming language. Even if…