DINKDINK

35 ms·

421.
by DINKDINK 9y ago
People who wanted lower security in exchange for lower fees already got what they wanted with Bcash. What problem do you have with people running the blockchain they prefer?
422.
by DINKDINK 9y ago
> Bitcoin doesn't have "monetary policy" to regulate it's supply Actually it has the best monetary policy: it's supply is inherently regulated and prescribed: https://en.bitcoin.it/wiki/Contr
423.
by DINKDINK 9y ago
>Holders of large amounts of bitcoin are often known as whales. And they’re becoming a worry for investors. They can send prices plummeting by selling even a portion of their holdings. Written another way: People who would be financially
424.
HyperBitcoinization – Daniel Krawisz – March 29, 2014(nakamotoinstitute.org)
3 points by DINKDINK 9y ago|0 comments
425.
by DINKDINK 9y ago
>No one really anticipated what we all are currently experiencing Actually, those in the Bitcoin economic space have been saying this was going to happen for ~3 years Hyperbitcoinization - Daniel Krawisz - March 29, 2014 http:/&#x2
426.
by DINKDINK 9y ago
because anyone can start running hashing computations to generate blocks with PoW (See DMMS) Proof of Stake requires that you buy the currency in order to create blocks.
427.
by DINKDINK 9y ago
www.truthcoin.info/blog/pow-cheapest/ Example: You come back online after your node had been off. You receive updates to the blockchain in a PoS world. This is literally no cost to someone trying to commit fraud against you
428.
by DINKDINK 9y ago
Right now (it would be possible to change) Bitcoin is more provably scarce than litecoin or bcash. https://fork.lol/pow/difficulty Bitcoin is 7X scarcer than bcash.
429.
by DINKDINK 9y ago
Very true, over time less and less people will move into temporary USD positions.
430.
by DINKDINK 9y ago
Have you ever lived in a county that went through hyperinflation and had to use the USD to stabilize prices? It's because it was the best alternative to a high inflation currency. The USD dollar drove bad money out because it was rel
431.
by DINKDINK 9y ago
>If you think that scarcity is sufficient to prove that something is a good store of wealth, I have some paintings, that my children did, that I'm happy to sell you. Scarcity is literally the only thing that makes goods valuable in
432.
by DINKDINK 9y ago
>> Because bitcoin is measurable scarcity one can provable show it’s a good store of wealth One can't, provably, do anything of the sort. You don't understand how Bitcoin and Proof of Work works. The block hash in the follo
433.
by DINKDINK 9y ago
Was the collapse of the German Deutsche Mark, the Zimbabwean Dollar, the Venezuelan Bollivar a bubble too? Good money drives bad money out, so I’d argue that no, Bitcoin’s price is not a bubble. Clearly there’s no price that bitcoin holder
434.
by DINKDINK 9y ago
It is equally irrational to believe that all conspiracy theories are true as it is to believe that all conspiracy theories are false. False flag operations certainly happen[1]. It just takes a long amount of time for whistleblowers to leak
435.
by DINKDINK 9y ago
>I really do not want my family to be the brave eggs we had to crack to get to the omelet of a driverless future. Simple way to avoid that: Make a law that requires the CEO CTO and all the engineers and their family Who built the driverl
436.
by DINKDINK 9y ago
The unacknowledged myth of public policy is that there is no such thing as "the public good". No treatment -- drug, government policy, 'planning' -- can benefit all people. E.g. People in your country are suffering fro
437.
by DINKDINK 9y ago
I'm sorry to hear that happened to you and yet it's a great opportunity to highlight the benefits of self-deleting messages. Specifically it's elevates the cost of an attacker being able to comb through a vast ream of docume
438.
by DINKDINK 9y ago
"The Lindy Effect is real (up to the biological limits of the human body)." The Lindy Effect is explicitely for non biological systems: i.e. the car, the chair not your mother.
439.
by DINKDINK 9y ago
>it would be profitable for Bitcoin miners to burn through over 24 terawatt-hours of electricity annually So 0.02%[1] of the global per annum energy consumption? <snore> I'll gladly trade that to run an economy without violen
440.
by DINKDINK 9y ago
>hypothetically, some non-financial systems don't require ordering or conflict resolution and thus such systems don't need PoW. If you don't need trustless time ordering of data, you don't need a blockchain. You just
441.
by DINKDINK 9y ago
Point of debate: Why should Apple have the US government lay claim to the revenue/profits that it generates in non US countries? From the article: "This allowed Apple to funnel all its sales outside of the Americas - currently abo
442.
by DINKDINK 9y ago
Cool data. Appears the CoP vs outdoor temp plots are on page 14. Since the data doesn't provide temperature delta between the source and sink, you'd need to assume that the pump met the heat delivery requirements.
443.
by DINKDINK 9y ago
>heat pumps are (effectively) more than 100% efficient The CoP of a heat pump is greatly dependent on the difference in temperature potential of the source and sink. If it's extremely cold outside, it's very hard to pump heat
444.
by DINKDINK 9y ago
Check out Deconvolution[1]) The technique has been done before and the text string of the private key would probably be the easiest point of attack. WHY BLURRING SENSITIVE INFORMATION IS A BAD IDEA[2] RESTORATION OF DEFOCUSED AND BLURRED IM
445.
by DINKDINK 9y ago
Yes, it’s a “hey everyone this person has the keys to the kingdom, target them” indicator.
446.
by DINKDINK 9y ago
>And in all likelihood many of those individuals will be on GMail or some other less-secure provider unless you're using Protonmail as an enterprise solution This is true of the marginal utility of the first and last element in a ne
447.
by DINKDINK 9y ago
>100 people have root @ Google. They get a tshirt with it on. A convenient way to put a target on your back. What benefit does this have to their security? Accountability?
448.
by DINKDINK 9y ago
>I work for a public institution and my salary, and the salary of all my coworkers, is public. This disclosure is a measure put in place to audit some of the spending of the government. Because citizens are compelled through threat of v
449.
by DINKDINK 9y ago
Really depends on what one's definition of Socialism. >Nazism rejected the Marxist concept of class conflict, opposed cosmopolitan internationalism and sought to convince all parts of the new German society to subordinate their pers
450.
by DINKDINK 9y ago
>the media consistently doing the government's* bidding by painting our mass murdering allies as heroes, while massively amplifying the minor crimes committed by those we consider enemies I agree with your general thesis governments

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