AffableSpatula

7 ms·

31.
by AffableSpatula 6y ago
Yeah that's a fair criticism. It is on the todo list to add some other auth factors.
32.
by AffableSpatula 6y ago
It's applicable to the type of content you're seeing blockchain NFTs used for. It could be used for other types of digital signing/attestations too, even legal documents.
33.
by AffableSpatula 6y ago
Yea, that's a decent way of framing it!
34.
by AffableSpatula 6y ago
I nearly dropped all reference to NFTs altogether to avoid this reaction. This a genuine attempt to provide a service to people who want to exchange digitally signed content.
35.
Show HN: Signed Work – NFTs, without a blockchain(signed.work)
33 points by AffableSpatula 6y ago|19 comments
36.
by AffableSpatula 6y ago
there is a type of reorg attack I proposed that's now been dubbed a "purge attack", that has the effect of destabalising the network by creating a window for all affected users to double spend their previously "finalised
37.
by AffableSpatula 6y ago
:)
38.
by AffableSpatula 6y ago
UASF effectively became a negotiation between honest miners and fullnodes. Honest miners are incentivised to close off conflicts because it risks devaluing their future rewards. In this scenario the attacking miner is acting "non-econo
39.
by AffableSpatula 6y ago
You're right, I totally misread what you said. I think the answer to what you actually said is; miners don't control consensus on the network - it's not up to them, it's up to fullnodes/users who can change the rule
40.
by AffableSpatula 6y ago
The attack scenario is an adversarial nation state who is not motivated economically and is intent on sabotage of the network.
41.
by AffableSpatula 6y ago
The purpose of this project is to have people be specific about what ruleset they would fork to which could prevent this kind of attack.
42.
by AffableSpatula 6y ago
This isn't a temporary speeedbump, it's a permanent end to proof of work mining as an investable activity (and viable sybil resistance mechanism for bitcoin).
43.
by AffableSpatula 6y ago
In theory... but demand has elasticity. If the market has no way to equilibrate at a state that produces sufficient returns, there's no constraining of supply that can produce the returns needed. And that is the risk/unknown.
44.
by AffableSpatula 6y ago
This is the Turkey Fallacy.
45.
by AffableSpatula 6y ago
The protections aren't baked into the protocol because they don't account for external real world motives of nations states which could incent them to act in a "non-economic" way according to the internal rules of the Bi
46.
by AffableSpatula 6y ago
Changing the hash function doesn't solve the problem. The mining game doesn't remonitise becuase everyone knows where it ends (denial of service and collapse, rendering mining hardware valueless).
47.
by AffableSpatula 6y ago
If the difficulty is low then re-attacking the forked chain is inexpensive so you have exactly the same problem. Additionally, reducing the hashrate reduces the settlement assurances increasing the number of confirmations required to be sur
48.
by AffableSpatula 6y ago
I'm not so sure. If you don't need proof of work to secure a blockchain, then why is the free market of Bitcoin consensus continuing to expend huge amounts of capital to stick with it as its sybil resistance mechanism? If it wasn&
49.
by AffableSpatula 6y ago
I don't think China being a dictatorship is much of a conspiracy. That's where a lot of ASICs are deployed, as well as the majority of the fabrication of the hardware itself.
50.
by AffableSpatula 6y ago
The purpose of the project is to encourage people to be concrete in what their proposed ruleset changes are to defend the attack.
51.
by AffableSpatula 6y ago
In order for change in hash function to work, it would require remonitising to a significant hash rate. Why would anyone invest in mining equipment on that new hash function if they already know how the game ends? (ie. their equipment being
52.
by AffableSpatula 6y ago
The purpose of this project is to challenge people to be specific about the details of that hard fork. Currently there are no theoretical proposals, or concrete BIPs to address.
53.
by AffableSpatula 6y ago
ASIC chip fabrication is centralised in China. The government could seize the means of production, as well as the centralised mining operations that they've attracted by subsidising electricity.
54.
by AffableSpatula 6y ago
Hey, author here - I think you're absolutely right that there is a risk that demand for blockspace doens't generate sufficient block reward to provide useful security guarantees. If that is the case, it could cause the price of BT
55.
Introducing TAuth: Why OAuth 2.0 is bad for banking APIs and how we're fixing it(blog.teller.io)
311 points by AffableSpatula 10y ago|177 comments
56.
by AffableSpatula 11y ago
Stevie gave me access a few weeks ago, I'm working on a product on top of Teller. What he's working on is really exciting and enables developers to build all kinds of apps they couldn't do previously.
57.
by AffableSpatula 14y ago
I know where REST came from, my point is that - as far as normal people are concerned - HTML web apps are.. apps.. not APIs.
58.
I invented Hypermedia APIs by accident(words.steveklabnik.com)
7 points by AffableSpatula 14y ago|0 comments
59.
by AffableSpatula 14y ago
Why would you want to write a dashboard from scratch every time? Foxycart used HAL for their API, and when they'd finished they pointed the browser at it and instantly had a browsable API.. for free.
60.
by AffableSpatula 14y ago
please can we not stretch the definition of hypermedia "API" to include HTML. HTML is a hypermedia type, but it's primarily for representing information for human consumption, so it's not an API in the sense most people understand.. why con

More ›