PierreRochard

9 ms·

1.
by PierreRochard 9y ago
> There were many developers quite interested in larger block size for many years Yet, they weren't around when it came time to make it happen. > Segwit2x had over 90% of the hashpower of the bitcoin world voting for it Yet, it h
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Enterprise Bitcoin: scaling the Bitcoin Core wallet with a relational SQL db(enterprisebitcoin.org)
2 points by PierreRochard 9y ago|0 comments
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by PierreRochard 9y ago
Excellent writeup! I came to the same conclusion a few years ago with Thiers' Law: good money drives out bad, http://nakamotoinstitute.org/mempool/speculative-attack/
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by PierreRochard 9y ago
That seems to imply that there are no grey or black markets for currencies. This is contrary to what has been observed in history and in some countries today.
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by PierreRochard 9y ago
Wow, so this really was a catastrophic failure on multiple levels. Lotta of self-reflection for some in Paris this weekend!
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by PierreRochard 9y ago
Shouldn't this be a government expense, and not a campaign expense? Do candidates pay for their own physical security?
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by PierreRochard 9y ago
Wow! This is interesting. I thought the "WMDs in Iraq" was fake news, turns out the "no WMDs in Iraq" is fake news! So much fake news, hard to sort everything out.
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by PierreRochard 9y ago
And then there's everything in between. That's where the actual debate is. Was "WMDs in Iraq!" fake news in 2002, 2003, or 2004?
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by PierreRochard 9y ago
TIL! I just saw "Laurelai is an independent journalist"
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by PierreRochard 9y ago
Thank you for the educational write up! Bitcoin literacy is sorely lacking among journalists, and yet they often forget to contact experts such as yourself...
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by PierreRochard 9y ago
I could not disagree more. We should adapt to climate change as it happens. Besides, all of the resources we pour into forcing the climate to not change (which would be unprecedented!) are all for naught when that asteroid hits.
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by PierreRochard 10y ago
No reason it couldn't be a mix of both.
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by PierreRochard 10y ago
Why? You don't think managing infrastructure composed of open source components is providing a valuable service?
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by PierreRochard 10y ago
That's a trade-off. Is the cost of learning and context switching between languages/frameworks less than the benefit of using a tool that is X% more appropriate?
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by PierreRochard 10y ago
$400,000,000 per year to produce audio content? Seems high. NPR is at $140,000,000.
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by PierreRochard 10y ago
Article you linked to is about passive investing in commodities pushing commodities prices up. I agree this is a negative externality. But we're discussing passive investing in equities pushing equities prices up, which have positive e
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by PierreRochard 11y ago
They weren't outsourcing software development work, they were outsourcing the manual task of checking PDFs against XLS files. The quality wasn't the problem, the throughput and cost are. I wrote an app that parsed the PDFs but no
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by PierreRochard 11y ago
When I worked at Deloitte they made a similar decision to outsource to India instead of training staff to learn Python and automate the time consuming, low value work. That's when I decided to leave, best move of my career.
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by PierreRochard 11y ago
Yes.
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by PierreRochard 11y ago
Why?
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by PierreRochard 11y ago
The conclusions you've reached are not uncontroversial in the academic literature: https://en.wikipedia.org/wiki/Actor%E2%80%93observer_asymmet...
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by PierreRochard 11y ago
Awesome product, awesome team. Very excited to see how fast adoption happens and where they take this. Getting content producers paid by viewers rather than advertisers is crucial for the future of humanity.
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by PierreRochard 11y ago
Sounds like we should change how electricity is produced?
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by PierreRochard 11y ago
Most miners sell their bitcoins to buy more hardware and pay their electricity bills... Why go through the trouble of running a mining rig instead of just buying the coins sold by miners in the market? It is true that the majority of Bitcoi
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by PierreRochard 11y ago
Those are the technical questions. The big picture economic question is, how does bitcoin mining transition from block reward revenue to transaction fee revenue ( see http://nakamotoinstitute.org/bitcoin/#selection-185.
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by PierreRochard 11y ago
See here: http://www.dfs.ny.gov/about/press2015/pr1505071.htm