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yeah, not taking Emin Gün Sirer critiques seriously is not the sort of thing that works out well in cryptos.
by davidgerard 9y ago
yeah, not taking Emin Gün Sirer critiques seriously is not the sort of thing that works out well in cryptos.
- Bartweiss 9y agoHe's often wrong on the market (infamously told people to sell Bitcoin at like $100), but that mostly seems to be about underestimating optimism. On tech critiques like this... well, he predicted the DAO attack in such detail that people accused him of being the one behind it. Seeing a non-response to Sirer here seems very, very bad for Bancor.
- davidgerard 9y agoyeah, when a computer science professor calls you out for rolling your own math routines ...
- Bartweiss 9y agoYeah... they had a partial defense there - the simple functions like add and subtract called existing functions with some wrappers for overflow issues, which they claim is standard practice for Ether (I wouldn't know). But the defense of exponentiation was just "there isn't a good one yet, so we built our own, and according to some tests we didn't show anyone it looks fine".