Jabanga

32 ms·

241.
by Jabanga 9y ago
Sharding is exactly that. It only works if multiple blockchains can interoperate. The common protocol would be Ethereum or whatever.
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by Jabanga 9y ago
Raiden is an implementation of the payment/state channel network he refers to.
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by Jabanga 9y ago
>This has been demonstrated by how the bitcoin economy operates in two states - either its going to the moon, or its slowly dying off. Nobody can use it as a regular money because the incentives are entirely built around hoarding it rath
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by Jabanga 9y ago
>Ethereum - Cool tech, but all the innovative parts of it are highly unproven. I think it's quite proven. Turing complete contracts work according to their code. This has already allowed hundreds of automated token sales to take pla
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by Jabanga 9y ago
Not sure how charging a transaction fee makes it a scam. That's what every company that provides a market platform does. While it's entirely possible that the blockchain serves no functional purpose in this case that couldn't
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by Jabanga 9y ago
Singapore's healthcare system is more market based than the EU's, and other than the guarantee of government coverage (despite spending much less per capita on its public healthcare program than the US), than the US's. The ma
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by Jabanga 9y ago
Private spending constitutes a larger portion of healthcare spending in Singapore than in the US. Also, much of that private spending is out of pocket: https://thehearttruths.files.wordpress.com/2013/10/slide4-1...
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by Jabanga 9y ago
>France, Japan, China -- these are in fact highly centralized economies which means that they are able to operate national, robust healthcare and military systems with surprising efficiency. France and Japan are suffering from the cost d
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by Jabanga 9y ago
I mention that possibility in the very next sentence and also point out that Singapore has a higher life expectancy than EU countries.
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by Jabanga 9y ago
It's not the preventable diseases that are the most costly to treat. But regardless of semantics, I know what you mean. The reason is that the consequences of guaranteeing everyone enough food are different than the consequences of gua
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by Jabanga 9y ago
>The problem is, the economies that have strong government actor working on behalf of consumers (either in the form of regulation, or a public corporation that competes in the market too) are actually affected less. I don't see any
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by Jabanga 9y ago
>And health care and education are matter of life and death for most people, so yeah, high prices Food is also a matter of life and death. The difference between food and healthcare/education is that the former is not as heavily sub
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by Jabanga 9y ago
The cost disease can't be cured gracefully, for too many people have a vested interest in maintaining the delusion that government is not inefficient. The source of the cost disease is the growing control of government over sectors of
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by Jabanga 9y ago
Loads of new laws have been created that go backwards. For example, laws in the banking and finance sector that violate privacy rights and create a mass surveillance situation in the name of fighting terrorism have been increasing since the
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by Jabanga 9y ago
>If your desire is to go live in Libertopia, please do so. Renounce your citizenship. There's no justification in my mind, you have the choice. That's like saying someone unhappy with having Sharia Law imposed on them should re
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by Jabanga 9y ago
There's nothing funny about Gulags, and frankly I don't think you were joking, as the actual policy you endorse is to imprison those who don't comply.
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by Jabanga 9y ago
The stasi was a totalitarian state. And in some respects, the mass surveillance system is more extensive now than under the stasi. Being better than the stasi is a pretty low bar to beat. >We voluntarily exchange some individual rights f
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by Jabanga 9y ago
The economy would be destroyed if people didn't usually engage in economic activity that caused the level of wealth across the economy to increase. It's reasonable to assume absurd actions generally cause a net loss to the economy
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by Jabanga 9y ago
The explanation of the token's use is right here: https://status.im/whitepaper.pdf
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by Jabanga 9y ago
It's not Bitcoin/Ether that the average person on the street cares about. It's the collateral damage that will be done if broad categories of technology are banned or have their security completely compromised. That's th
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by Jabanga 9y ago
You would use trusted hardware like Intel SGX to provide proof of untampered processing of a set of data. Town Crier already has a proof of concept on the Ethereum blockchain. This allows one to prove to a smart contract that a webpage serv
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by Jabanga 9y ago
Governments are not a conscious entity that is separate from society. They are institutions run by a collection parties with numerous competing and aligning interests, and with extensive stakes in society at large. They're not going to
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by Jabanga 9y ago
>We live in societies with rules, with laws that we have agreed upon, and are, for the most part, fair. Societies have gradually grown more unfair as the political system has strained under their growing complexity. According to politica
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by Jabanga 9y ago
According to some experts in US securities law, if the token being sold gets its value due to its usefulness in an application (e.g. it acts as a currency), it is, in their opinion, legal. If it gets its value from a promise of it providing
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by Jabanga 9y ago
It's possible to create a self-executing contract on Ethereum that will automatically send a pre-agreed amount of ether when you make a pre-agreed online bank transfer. In other words, it's possible to have exchange between fiat c
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by Jabanga 9y ago
People spend more time on each of their consumer decisions than evaluating each of the items on a political candidate's platform (despite consumer decisions far outnumbering platform positions). Handing the economy over to government i
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by Jabanga 9y ago
Three guys run pools, which have relatively limited power. The control is in the hands of those who own the hardware that points to those pools. And the beautiful thing is that there's no barrier to entry to participating in hashing, o
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by Jabanga 9y ago
>The vast majority of the ether is controlled by a single company, Are you sure you're talking about Ethereum, and not Ripple? The vast majority of ether is not controlled by one company.
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by Jabanga 9y ago
>They aren't the future, they are deeply flawed ponzi-schemes, this is obvious. By definition, they are not ponzi schemes. None of your claims are obvious, and implying otherwise is disingenuous. >But we better find out what the
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by Jabanga 9y ago
The main method is to create a cryptocurrency using Ethereum's ERC20 standard. That way it can use the Ethereum blockchain and is compatible with a lot of wallets and applications. You can get a code template from here: https:/&#

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