Monday, December 03, 2012

What is spanning tree protocol and why is it important?


One of the biggest issues that network administrators face when designing a switched network is the prevention of loop. In network topology changes always happen and if in case a loop forms then the traffic that passes through the affected switches can easily drain out the entire bandwidth allocated to these switches. There are several solutions to handle such issue but the best way to prevent the formation of loops in a switched network is to deploy the Spanning Tree Protocol (STP).
What is Spanning Tree Protocol?
STP is a standardized solution provided by IEEE which helps to prevent loop formation in data networks. It was invented by Dr. Radia Perlman.
In a switched network all the switches generate data messages, which are known as Bridge Protocol Data Units (BPDUs). The working principle behind the exchange of BPDUs is that switches will be able to indentify redundant paths in a network by applying the STP algorithm and ensure that no loops are formed. The STP algorithm identifies all active redundant links and blocks them to prevent the formation of loops. The entire working of Spanning Tree Protocol can be broken down into three easy steps
Step 1: All STP enabled switches in a network elect a root bridge. All the switches exchange messages (BPDUs) among themselves and elect a root bridge. This process is known as Root Bridge Election.
Step 2: The second step is known as Root Port Election. Once all switches have elected a Root Bridge, the next part is to decide which port of a switch will communicate with the Root Bridge.
Step 3:  The final step is to have only one active path left open in every part of the network and bypass the creation of a loop. This is known as Designated Port Election.
What is Spanning Tree Protocol Important?
STP’s importance lies in the fact that it provides data redundancy to all devices in a network. It means the every connection has a backup so that it is able to send data in case the primary connection is down. However, only one path is open at a time. In the event that the open path experiences any error another path will open up ensuring constant flow to data to all devices. STP also prevents the formation of bridge loops so that the entire bandwidth allocated doesn’t get drained. Loops occur when there are multiple open paths for data transmission which can result for errors in data processing and forwarding. With STP only one path is open at a time thus eliminating loops.
Topology changes happen all the time in any network and more so in large networks. But network failure even for a few seconds can bring about serious consequences especially for multinational organizations. Spanning tree protocol ensures that the network keeps running without any data loss between devices and makes high availability of a network possible. Conventional STP takes around 50 seconds to adapt to any changes in the network but for large networks this is a lot of inactivity time. Currently a new upgraded version of STP is available called Rapid Reconfiguration or Fast Spanning Tree which cuts down on convergence time and helps recover quickly from network failure or session timeouts.

Loan for very bad credit position


Very bad credit position can happen in anyone’s life. The upward and downward swing in financial position of an individual is but obvious. Sometime the business sees the flourishing times when the demand for goods is high along with its supply thus leads to high turnover, but after some time the demand gets saturated and the increasing supply leads to downturn as the goods heaped on in the warehouse is not sold any more as the demand can rise beyond a limit as a result the turnover decreases which in turn leads to recession and unemployment, as the firms had to sack or retrench their manpower in order to meet their operational expense. This leads to economic sluggishness and finally the cruel economic crisis knock the door. With the growth in economic slow down eventually the need for bad credit loans have become common.
Those organizations who were doing good business have now confronted with the situation of becoming bad debt, And the high rank service people who have become unemployed has very stringent financial position to regularize the payment of their credit cards bill. So these enumerable individuals and businesses have met with bad credit position, in fact it will be appropriate to say very bad credit position.
In order to apply for bad credit loans one need not to have to worry for their bad credit score as presented by the credit bureaus .Even if the applicant has no physical security to keep as mortgaged against the loan with the bank, the person is eligible for bad credit loans.
Prior to the application for loans for bad credit one should be vigilant on choosing the genuine and correct lenders and on the other hand lenders should be cautious on while checking the loan applicant form of the borrowers to get the ides of the authenticity of the borrowers’ portfolio.
Like online shopping, online bad credit loans have become very popular in developed nation, the reasons behind this are two:
1.       The rate of interest is charged high compared to traditional loans.
2.       The online lenders save on its overhead expense on forming and maintaining a brick and mortar bank.
As we know it is nature’s law where there is honey, there will be flock of bees ,similarly due to the high rate of interest there is tough competition in the online lender market . And borrower gets the edge over the lenders in negotiating the price of loan. The borrower has the discretion to choose lender of his/her own choice based on the advertisement offers by the lenders. Here the strategy of “Survival of the fittest “applies ,so those lenders who will give the best deal and accept the very bad credit position of the lender will get the borrower.

Mechanism against Bad credit Payday lending process


Pay day loans are instant cash financing scheme with minimum hassle and paper formalities. Bad credit pay day loans are kind of cash loans available with speed of time, but then this loan comes with a promise to maintain the regularity in making the payment.
The liquidity crunch forces the borrowers in need of cash at the time of emergency situations when the other sources deny giving you cash then the bad credit payday loans are the last resort for getting immediate cash.
Future is uncertain and we never know that what will happen and when?  So, we should always get our self ready for proactive contingency plan. It is always prudent advice to save a percentage of owns income as saving. It is always advisable by a financial consultant that as a good saving technique, one should have a practice to save at least 25% or 1/4th of income as savings.  Savings are the buffer arrangements for the emergency situation to handle but the amount of cash that calls for an emergency is never known. It may happen with someone that one very day he met with an accident, and a major surgery has to be made in order to save the life of the individual, then the person savings which were in terms of FD’s and bonds were prematurely withdrawn, but still if the amount is not sufficient to meet the operation fees, and even the medical insurance could not cover the operation charges, then the last resort is to take loan. And traditional bank will not provide loans so fast. It is then the pay day loan which is the last chance to get immediate finance so fast.
Online lenders for pay day loans is available in abundance now a days where the borrowers gets the advantage to select their lenders according to their flexibility, and terms of borrowing. There are loan quotes posted by different lenders, where from the borrower can choose any one among the many in numbers, then apply for loan, if the lender finds your details are true in value, then confirming your identity and location authenticity, they will themselves contact you and then after negotiating the price you can apply for the loan at lowest price. The reason you get an edge in negotiating the rate of interest on such loan is due to the reason that there are perfect competition playing in the market of online lenders.
These pay day loans work as a signature loan where the borrower will be just filing an e-application form, make a signature as an acceptance against the loan and gets the amount of cash immediately in his /her active bank account.

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