FabHK

17 ms·

361.
by FabHK 1y ago
In my estimation, Facebook/Meta and Google/Alphabet both inflict more damage on the world than Kagi. I trust that you judge them equally harshly and do not use them?
362.
by FabHK 1y ago
Indeed. I have a university alumni account that I haven't been able to use for some years because it is managed by Google, and they in their wisdom figured somethings was suspicious (maybe leaving the country or not logging in multiple
363.
by FabHK 1y ago
I don't think the title implies that Google is tracking DuckDuckGo searches directly, just that using DuckDuckGo instead of Google often doesn't prevent Google from tracking you. The article also makes clear that using DuckDuckGo
364.
by FabHK 1y ago
Agreed, by and large. Furthermore, Nakamoto wanted to disintermediate intermediaries. Instead, now we have many centralised exchanges, centralised stablecoin issuers, centralised custodians, centralised miners, etc. So many additional inter
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by FabHK 1y ago
Absolutely. 1% of world electricity, with the waste approximately proportional to the Bitcoin price (due to medium term market forces) modulo halvings, of course.
366.
by FabHK 1y ago
Indeed. And then at some point the sentiment will change. And at that point I hope the crypto and real world are not too intermingled, because it'll get ugly.
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by FabHK 1y ago
Sorry, one cannot make statements about crypto "long term" yet. Nobody should hold large amounts of fiat long term. That's what shares and bonds are for, which incidentally also support productive enterprises (unlike crypto).
368.
by FabHK 1y ago
I fear the opposite is the case - many rich whales pump up prices in the real world, having sold their crypto to the masses coming in late.
369.
by FabHK 1y ago
It's hilarious, on some other sites one is immediately accused of using ChatGPT when using the n-dash (–) or m-dash (—) instead of the hyphen (-). Not an issue with the monospaced font here. ETA: I stand corrected.
370.
by FabHK 1y ago
Just as a space before colons or exclamation marks is a sign that someone francophone typed it.
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by FabHK 1y ago
That's what I mean. Suppose you want to insure your home against fire, which could create damage of say $1m with probability 0.1%. Without insurance, you'd have to put aside savings of $1m (the maximum loss), that would remain unt
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by FabHK 1y ago
No. Many people have family/kids and want to care for them, and their plan A is to work until retirement. If they die prior to that, the family/kids would be in dire straits. That's plan B, the issue life insurance solves per
373.
by FabHK 1y ago
... and the question was about the aggregate effect. What happens if all life insurers go bankrupt?
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by FabHK 1y ago
The basic results of SMR theory are as follows, where "sync", "async" and "partially sync" refer to specific network models; PKI is public key infrastructure (that is, each node knows all the other nodes and ha
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by FabHK 1y ago
This is about photography, but the title reminded me of S02 E09 of For All Mankind , in which the Soviets capture the American moon base "Jamestown". Thrilling.
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by FabHK 1y ago
> Do you mean because of the bugs mentioned earlier or during the normal course of operations? Curious to read more about that. One occasion was the 184 bn Bitcoin bug, the other was an unintentional fork due to a faulty software upgrade
377.
by FabHK 1y ago
Consensus is achieved through the longest chain rule. Sybil resistance is achieved through PoW.
378.
by FabHK 1y ago
I highly recommend Tim Roughgarden's lecture series Foundation's of Blockchain. It covers it all: https://www.youtube.com/watch?v=KNJGPI0fuFA&list=PLEGCF-WLh2...
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by FabHK 1y ago
Depending on the networking assumptions, of course there is. That's the whole point of SMR: under certain assumptions, you can attain availability and consistency.
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by FabHK 1y ago
> Nakamoto-style consensus is not the same thing as PoW, or even PoW+LCR It is PoW + LCR. I refer you to Roughgarden, Foundations of Blockchains, Lectures #9: Permissionless Consensus and Proof-of-Work, item 5: https://timroug
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by FabHK 1y ago
> Bitcoin finality is probabilistic, like nearly everything in cryptography. Yes, Bitcoin finality is probabilistic, and practically good enough after half a day or so (though 20 blocks were rolled back on at least 2 occasions). However,
382.
by FabHK 1y ago
> You cherry picked one thing from the list, and even there made a mistake. Not quite. Nakamoto consensus is PoW + LCR, and the PoW part is for Sybil resistance, and the LCR part is for consensus.
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by FabHK 1y ago
> Of course distributed consensus algorithms existed long before - but they depended on the fact that all participants are trustable. No. They depended on the fact that all participants were known (in other words, the permissioned sett
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by FabHK 1y ago
> There is a huge scientific merit of the algorithms for reaching a distributed consensus when not all participants can be trusted Not quite. Distributed consensus had been solved in the 1980's theoretically and the 1990's prac
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by FabHK 1y ago
Indeed. Permissionless blockchain is much less of a technological innovation, but more of a governance innovation, specifically an accountability sink, where instead of a named entity (corporation, institution, person) being in charge, you
386.
by FabHK 1y ago
Has Axios changed the headline? It's now: AI is turning Apple into a market "loser"
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by FabHK 1y ago
Could someone compare it like I'm 5 to static site generators like Hugo, Jekyll? Does it make it easier to throw in necessary JS (e.g. for comments)? Thanks.
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by FabHK 1y ago
> Matter is a closed ecosystem If "closed" means open to anyone that has their product certified to adhere to the rules, then I'm ok with that.
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by FabHK 1y ago
Yes, good point. In terms of those macro questions, the key attrition is a minor issue.
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by FabHK 1y ago
> Money only works if you believe it will still work tomorrow. Yeah. When crypto goes down, it'll be epic. > If govs are good, then crypto degenerates to just a slower system for transactions. That's how I see crypto: an ine

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