DINKDINK

59 ms·

511.
by DINKDINK 9y ago
>The Bitcoin Protocol is a set of rules enforced by the Bitcoin Network (a distributed network of computers) made by — whom exactly? Bitcoin and Blockchains are an opt-in rule system. You literally subscribe to the rule set (called cons
512.
by DINKDINK 9y ago
>Proof-of-work is simply not sustainable (energy-wise), IMO, for the foundation of a global system. What have you found that is cheaper to proof-of-work that works on a global system?[1] [1] "Nothing is Cheaper than Proof of Work&qu
513.
by DINKDINK 9y ago
Ce qu'on voit et ce qu'on ne voit pas [1] [1] https://en.wikipedia.org/wiki/Parable_of_the_broken_window
514.
by DINKDINK 9y ago
>Jurists should be professionals, not a random nobody pulled from the community. [...] In the new system, professional jurists would be paid for by the courts, but not directly employed by them or the government. Jurist are as impartial
515.
by DINKDINK 9y ago
I think it's about size and independence. Gaussian distributions connote small scale (the background noise of the electrical output of this sensor) vs power laws connote large scale (the number of electrical sensors per company) that
516.
by DINKDINK 9y ago
>137 MB shouldn't be that big a deal on a normal 4G connection. "I can download a 137MB file when I want over a 4G connection when I want" does not equal "The entire 4G network can handle the high coincident demand of
517.
by DINKDINK 9y ago
Ah yes, I meant to say "In addition to" the reasons you stated.
518.
by DINKDINK 9y ago
Fascinating! I wonder if the distribution is engineered like that to avoid specious cheating claims. E.g. Player:"Look at this video of Famous_Player getting 3 crits in a row! They're probably cheating!" So much potential
519.
by DINKDINK 9y ago
A good way to show how the "Randomness is not what we expect" phenomenon manifests is the following. Given a fair coin that outputs Heads (H) or Tails (T), which of the following sequences is more or less probable HHTHTT or HHHHHH
520.
by DINKDINK 9y ago
>your acceptable error margin is between 10-25% 10-25 percent of....what?
521.
by DINKDINK 9y ago
Bitcoin Core does not have control over the software users run on their machine. If you believe differently, you don't understand how Bitcoin works. You might be confusing network effect with control.
522.
Nothing Is Cheaper Than Proof of Work(truthcoin.info)
2 points by DINKDINK 9y ago|0 comments
523.
by DINKDINK 9y ago
People with guns who demand your money and property and want people not in their clique to have property or guns.
524.
by DINKDINK 9y ago
>where people are basically creating wealth out of thin air by doing useless computations at the cost of enormous electricity The only way this statement is different than how the Federal Reserve works is that Bitcoin is voluntary (You o
525.
by DINKDINK 9y ago
>I opened up a word processor, focused my eyes on the professor's slides or visual aids, and typed everything I saw There are studies that show that verbatim computer note taking is actually inferior to remembering the lecture conte
526.
by DINKDINK 9y ago
This author misuses a gaussian distribution by way of claiming that a standard deviation is outrageous...all on a phenomenon that is overwhelmingly likely NOT to be gaussian distributed.
527.
by DINKDINK 9y ago
Facebook says that only governments may use violence to achieve political aims: "The rule against posts that support violent resistance against a foreign occupier was developed because “we didn’t want to be in a position of deciding wh
528.
California solar power output sometimes exceeds predictions(latimes.com)
136 points by DINKDINK 9y ago|111 comments
529.
by DINKDINK 9y ago
Needs more temperature scales than just kelvin. US Engineering units of energy would also be help certain people: such as BTUs British Thermal Units etc.
530.
by DINKDINK 9y ago
There was about 128,000 in volume, Assuming worst case scenario, it appears that the compensated loss would be ~$40 million dollars. If you assume buy limit order book was triangular it's about ~$25 million dollars. That's abou
531.
by DINKDINK 9y ago
>giving the founder the right to buy back the company/brand at a fixed price Selling a call does not allow the buyer to hedge. Buying a put would but not selling a call. You are describing selling a call.
532.
by DINKDINK 9y ago
The incompleteness of inductive reasoning is exemplified with The Turkey Problem: All year, day after day, the farmer feeds the turkey. The turkey concludes that the farmer is benign. The day before Thanksgiving, the farmer kills the tur
533.
by DINKDINK 9y ago
I agree that we should doubt that the populism was predictable. Ex-post many people claim things could have been predictable but I would argue against this political movement as a Black Swan. The main point in Taleb's book is that Bl
534.
by DINKDINK 9y ago
>If I could isolate and attack individual members of the cluster quickly, I could begin to leverage their role in the cluster as they join, convinced that a single block must be true. To do this you would need to have the equivalent hash
535.
by DINKDINK 9y ago
Yes. A typo on my part
536.
by DINKDINK 9y ago
Trademarks are private property. If the government can arbitrarily chose which private property it will enforce, you open up the possibility of rife corruption.
537.
by DINKDINK 9y ago
The ethereum foundations reaction to the DAO hack proved that the "code is the contract" is not true. Which questions the very value of smart contracts on the ethereum blockchain because it's proven that they're immutabl
538.
by DINKDINK 9y ago
Your post answers itself. It's to get free press and to engage your users. If a company can get a 10X rate of return on an April Fool creation, why wouldn't it?
539.
by DINKDINK 9y ago
>If miners chose to mine on a chain that no-one wants, then everybody has to grudgingly go along with it No, if the miners mine on a chain that doesn't meet consensus rules, users will not follow it. If miners decide that the coinb
540.
by DINKDINK 9y ago
>a sufficiently large ec2 buy can rapidly fragment the Bitcoin consensus You grossly underestimate the hashing capacity of the bitcoin network. The hashing capacity, at time of posting, is approximately 5,000,000,000 Gigahashes/se

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