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Besides your shitty ESL whitepaper, can you actually explain HOW this is decentralized in the slightest? Also why doesn't your token sale use your product? You

by deft 8y ago

Besides your shitty ESL whitepaper, can you actually explain HOW this is decentralized in the slightest? Also why doesn't your token sale use your product? You specifically call out airdrops in the whitepaper. Even if its a paid airdrop, the issues you mentioned remain

saagarjha 8y ago
Please comment on the content of the whitepaper rather than the proficiency of the English used to write it.
- deft 8y ago
  I did. The whitepaper offers no details on how this is decentralized. Please answer my questions rather that attempting to bicker.
  - dang 8y ago
    "shitty ESL" is a slur against people who don't have the same background as you. That's a bannable offense on HN, so please don't do that again. It's easy to make substantive points about an article without stooping to insults, so please do that instead.
  - tonytran 8y ago
    Why the Liquidity.Network is not Centralized? How to define (de-)centralization: (1) Who owns the funds? (2) How redundant is a system? (3) Can a central entity censor? Regarding Liquidity we have the following properties: 1. A user owns at any time its funds (with the private key). Not the hub operator, or any other entity can “steal“ the users funds. A hub is not a bank nor a custodian. 2. Liquidity is designed such that many hubs can be interconnected in a network of hubs to provide redundancy, similar to a network of Lightning peers. 3. A hub can choose to not forward payments. If that were to happen, the user can simply remove his funds from the hub’s smart contract, which the hub operator cannot prevent. The user would then join another hub.
rami-khalil 8y ago
Please refer to our technical paper, NOCUST https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf Our wallet is here but is not yet able to support a token sale!

by deft 8y ago

saagarjha 8y ago

Please comment on the content of the whitepaper rather than the proficiency of the English used to write it.

deft 8y ago
I did. The whitepaper offers no details on how this is decentralized. Please answer my questions rather that attempting to bicker.
- dang 8y ago
  "shitty ESL" is a slur against people who don't have the same background as you. That's a bannable offense on HN, so please don't do that again. It's easy to make substantive points about an article without stooping to insults, so please do that instead.
- tonytran 8y ago
  Why the Liquidity.Network is not Centralized? How to define (de-)centralization: (1) Who owns the funds? (2) How redundant is a system? (3) Can a central entity censor? Regarding Liquidity we have the following properties: 1. A user owns at any time its funds (with the private key). Not the hub operator, or any other entity can “steal“ the users funds. A hub is not a bank nor a custodian. 2. Liquidity is designed such that many hubs can be interconnected in a network of hubs to provide redundancy, similar to a network of Lightning peers. 3. A hub can choose to not forward payments. If that were to happen, the user can simply remove his funds from the hub’s smart contract, which the hub operator cannot prevent. The user would then join another hub.

rami-khalil 8y ago

Please refer to our technical paper, NOCUST https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf https://liquidity.network/NOCUST_Liquidity_Network_Paper.pdf Our wallet is here but is not yet able to support a token sale!