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X-Powered-By:PHP/5.5.9-1+sury.org~precise+1 Mt. Gox, Flexcoin, and Poloniex. What do they all have in common? It's not what you think. (:

by Cless 13y ago

laumars 13y ago
What they have in common is a bunch of keen individuals rushing in to cash in on the hype but in the process releasing some of the worst financial systems (if you can call them that) which I've ever seen because they don't follow the same strict regulations and testing processes that the rest of the financial industry have to go through.
Yver 13y ago
What they have in common: they deal in Bitcoins, they're not banks, they have a "o" and an "x" in their name. Now if you're trying to bash PHP (or Ubuntu?) for banking software that does not take an exclusive lock on rows it reads then modifies and a daemon that does not check balances on withdrawal, try again.
- Cless 13y ago
  I'm not bashing PHP. I love PHP. Many PHP developers, on the other hand...
  - krapp 13y ago
    It's a strawman, though. The problem isn't PHP developers per se, it seems to be a lack of awareness that dealing with money is in any different than dealing with, say, any other CRUD operation (see - Mt.Gox just casting things to floats, it's just numbers, right?.) Just wait until people start announcing their exchanges and business written in Rails or Python, or "anything but PHP" but still turning out to have been written by webapp developers with no idea how to actually deal with currency transactions or basic security.
- pessimizer 13y ago
  What if you're trying to bash the likely competence of people who, when deciding to write a bank, decide that PHP is the best tool for the job. To make that decision requires that you be insane, or don't know any other tools.
  - krapp 13y ago
    There's nothing wrong with that decision up to the point where you start handling the money - beyond that point I agree with you. Setting up a website which is secure and not vulnerable to SQL injection or basic BS is quite doable in PHP.

X-Powered-By:PHP/5.5.9-1+sury.org~precise+1 Mt. Gox, Flexcoin, and Poloniex. What do they all have in common? It's not what you think. (:

by Cless 13y ago

X-Powered-By:PHP/5.5.9-1+sury.org~precise+1 Mt. Gox, Flexcoin, and Poloniex. What do they all have in common? It's not what you think. (:

laumars 13y ago

What they have in common is a bunch of keen individuals rushing in to cash in on the hype but in the process releasing some of the worst financial systems (if you can call them that) which I've ever seen because they don't follow the same strict regulations and testing processes that the rest of the financial industry have to go through.

Yver 13y ago

What they have in common: they deal in Bitcoins, they're not banks, they have a "o" and an "x" in their name. Now if you're trying to bash PHP (or Ubuntu?) for banking software that does not take an exclusive lock on rows it reads then modifies and a daemon that does not check balances on withdrawal, try again.

Cless 13y ago
I'm not bashing PHP. I love PHP. Many PHP developers, on the other hand...
- krapp 13y ago
  It's a strawman, though. The problem isn't PHP developers per se, it seems to be a lack of awareness that dealing with money is in any different than dealing with, say, any other CRUD operation (see - Mt.Gox just casting things to floats, it's just numbers, right?.) Just wait until people start announcing their exchanges and business written in Rails or Python, or "anything but PHP" but still turning out to have been written by webapp developers with no idea how to actually deal with currency transactions or basic security.
pessimizer 13y ago
What if you're trying to bash the likely competence of people who, when deciding to write a bank, decide that PHP is the best tool for the job. To make that decision requires that you be insane, or don't know any other tools.
- krapp 13y ago
  There's nothing wrong with that decision up to the point where you start handling the money - beyond that point I agree with you. Setting up a website which is secure and not vulnerable to SQL injection or basic BS is quite doable in PHP.