Vishnu Konakalla

CEO of my own life !!

[Rakesh Jain @devops_tech]

Networking Basics Simplified!

A thread of 20 fundamental Networking concepts 👇

[Rahul @sairahul1]

Say goodbye to bad iPhone selfies.

Now you can tune your selfies and portraits with this mind blowing AI tool.

Here’s how to do it in just 30 sec:

[ Bookmark to use later 🧵]

[Vivek Raju @vivekraju93]

I used to think my family is decently comfortable financially & count myself blessed until I entered new social circles through higher education, work, and marriage. Very obvious in hindsight but good lord, the psychology of satisfaction is so relativistic.

[Alex Xu @alexxubyte]

JPMorgan, Wells Fargo, and other major banks will use the new Federal Reserve's 'FedNow' instant payment system. Let's take a look at how it works.

Federal Reserve launched FedNow instant payment service on 20 Jul. It allows retail clients to send and receive money within seconds and it is available 24x7.

🔹 What does this mean?
1. Peer-to-peer payment services in the private sector like Venmo or PayPal act as intermediaries between banks, so we need to leverage payment schemes for clearing and Fed systems for settlement. However, FedNow can directly settle the transactions in central bank accounts. [1]

2. Fedwire, another real-time payments system, will still function in large-value or low-value payments. FedNow is not designed to replace Fedwire.

The diagram below shows a comparison between FedNow and ACH (Automated Clearing House), which is used in domestic low-value payments.

🔹 FedNow [2]
Step 0 - Bob wants to pay Alice $1000.
Step 1 - Bob initiates a payment transaction using FedNow.
Step 2 - The sender’s bank submits a payment message to FedNow.
Step 3 - The FedNow service validates the payment message.
Step 4 - The FedNow service sends the payment message to the receiver’s bank, where it is confirmed.
Step 5 - The receiver’s bank replies to FedNow, confirming that the payment is accepted.
Step 6 - The FedNow service debits and credits the designated accounts of the sender and receiver’s banks.
Step 7 - The FedNow service notifies the sender’s bank and receiver’s bank that the settlement is complete.
Step 8 - The banks debit and credit the bank accounts.

🔹 ACH
Step 1 - Bob receives authorization from Alice that he can deduct from Alice’s account.
Step 2 - The payment transaction is sent to the receiver’s bank.
Step 3 - The bank collects files in batches and sends them to the ACH operator.
Step 4 - The ACH operator sends the files to the sender’s bank.
Step 5 - The sender’s bank pulls funds from Alice’s account.
Step 6 - Withdrawn funds are sent to the ACH operator.
Step 7 - The ACH operator distributes funds to Bob’s bank.
Step 8 - Bob receives the fund.
Step 9 - The clearing instructions are sent to Fedwire.
Step 10 - Fedwire sends clearing broadcasts to banks for settlements.

Over to you: What types of instant payment systems does your country provide?

–
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[Binance @binance]

Almost there.

[Rishika Gupta @rishikagupta__]

Leetcode, GFG, Hackerrank are amazing, but do check out these cool underrated online tools to help you learn DSA:

[Balwant Jain @Jainbalwant]

Nine Personal Finance Rules we all should better know.

1) Rule of 72 (Double Your Money)
2) Rule of 70 (Inflation)
3) 4% Withdrawal Rule
4) 100 Minus Age Rule
5) 10, 5, 3 Rule
6) 50-30-20 Rule
7) 3X Emergency Rule
8) 40℅ EMI Rule
9) Life Insurance Rule

1/n

[Vishnu Konakalla @SimplyVishnu]

@ajithnairpk @PrakashGoudTRS @arvindkumar_ias @CoreenaSuares2 @tstourism @IPRTelangana @TelanganaCMO @VSrinivasGoud Please share the temple location.

[Zain Kahn @heykahn]

Hard skills get you hired.

But soft skills get you promoted.

11 soft skills to accelerate your career:

[Harold Sinnott 📱 @HaroldSinnott]

Best of #SQL Cheat Sheet

#MachineLearning #DataScience #Cybersecurity #BigData #Analytics #AI #IIoT #IoT #5G #Python #RStats #TensorFlow #JavaScript #ReactJS #FutureOfWork #DataScientist #Linux #Programming #100DaysOfCode #NodeJS #golang #NLP #GitHub #MWC23 #SDGs #MLOps

[Vala Afshar @ValaAfshar]

A simple and clear definition of Bitcoin

[Vishnu Konakalla @SimplyVishnu]

@JioCare, from the past few weeks, we have been experiencing signal related issues in my area, especially after the launch of 5G.

Even we are unable to send money through UPI based apps, hundreds of people are struggling everyday with Jio's pathetic network.

Manikonda, Hyd 89

[Vishnu Konakalla @SimplyVishnu]

@Akshat_World @JioCare, from the past few weeks, we have been experiencing signal related issues in my area, especially after the launch of 5G.

Even we are unable pay money through UPI, hundreds of people are struggling everyday with Jio's pathetic network.

[Divya Mittal @divyamittal_IAS]

Procrastination is when you keep postponing important tasks. If you do this frequently - you're not alone!

💢Use these tactics from 7 famous books which will help you overcome procrastination

[PerfectGirls @PerfectGirlsHQ]

How to Decide Faster...

[Vishnu Konakalla @SimplyVishnu]

@miryalasrikanth Someone already proved that it can't replace human!!

[Nikki Siapno @NikkiSiapno]

CI/CD is a must-know in DevOps.

Here's a dead simple guide to understanding it:

[Vishnu Konakalla @SimplyVishnu]

#Hyderabad plays host to the #FormulaE World Championship on February 11th. Let’s cheer with @KTRBRS garu and Anil Chalamalasetty garu for the #GreenkoHyderabadEPrix as they flag off the green race in India for the first time ever. @AceNxtGen

[Vala Afshar @ValaAfshar]

30 years of mobile phone disruption

[James Peters @JamesCPeters]

Take this 𝟲𝟬 𝗗𝗮𝘆𝘀 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲 and be unrecognisable: