Rmilb

9 ms·

31.
by Rmilb 9y ago
I don't know much about Raiden, is there anything preventing a side chain of bitcoin from implementing it?
32.
by Rmilb 9y ago
I think we can all assume that threats of violence and bodily harm are not and should not be covered by the 1st amendment. Only using the US eccentric amendment as an example.
33.
by Rmilb 9y ago
Or better yet a decentralized protocol to easily contribute to people you support that cannot be censored. A stable asset is still needed for this to work and a mature ecosystem around it. Not ready for mainstream, but if you are being deni
34.
by Rmilb 9y ago
Good use is subjective, plenty of people are using the blockchain as a speculative asset and willing to pay transaction fees for it.
35.
by Rmilb 9y ago
For now yes. More privacy features are on the road map though. You can always easily convert Bitcoin for a more anonymous eccentric currency and then convert it back to Bitcoin if you want to hide your trail if you need to.
36.
by Rmilb 9y ago
But you can still sell the shovels for the ICO gold rush.
37.
by Rmilb 9y ago
Valid points. The project is not production ready yet. One of the main devs has a good explaination of his tweet stating: >"Ethereum isn't safe or scalable. It is immature experimental tech. Don't rely on it for mission cr
38.
by Rmilb 9y ago
Bancors price floor they were propping up collapsed as well. Good example of a flawed project. Analysis of some of its flaws by Emin Gun below: http://hackingdistributed.com/2017/06/19/bancor-is-flawed/
39.
by Rmilb 9y ago
Bitcoin is not a security so I don't think the comparison is valid. Your other examples don't involve securities or the SEC. I'm not familiar enough with Unikrn to comment on that.
40.
by Rmilb 9y ago
They needed a language to compile to the Ethereum Virtual Machine (EVM). Stack exchange with more info. https://ethereum.stackexchange.com/questions/3112/what-is-th...
41.
by Rmilb 9y ago
Thanks for linking docs
42.
by Rmilb 9y ago
Standard peer reviewed libraries for the new world of smart contracts is sorely needed. Hopefully the increased complexity does not increase the gas costs of the contracts too much. I think most devs would trade higher gas costs for a more
43.
by Rmilb 9y ago
Multiple chains that have diverged in the past can never join together. Unless you want to double the amount of total coins in the network. Its technically possible if two different chains wanted to merge they could decide on which block t
44.
by Rmilb 9y ago
What about dominant assurance contracts for funding public goods?
45.
by Rmilb 9y ago
As a crypto fan, I try to pay close attention to the critics. Its tough to find someone who understands the tech and doesn't think it has some chance of success. Having said that, Tim Swanson has some good critiques of bitcoin/blo
46.
by Rmilb 9y ago
Don't forget that it is not just the technical details that give it value, also the cryptoeconomic incentives that make it possible for a group of self interested miners to provide a network users can trust.
47.
by Rmilb 9y ago
"hacked" is definitely subjective. For anyone interested checkout the"attackers" legal threat right before the fork. https://pastebin.com/CcGUBgDG Here is the HN discussion about it. https://
48.
by Rmilb 9y ago
Can you point out where they are asking for money?
49.
by Rmilb 9y ago
Thanks, edited.
50.
by Rmilb 9y ago
This may help you out to get started, then read the previous article I linked. https://medium.com/@nopara73/explain-uasf-like-im-five-ae879... It is not a simple topic with two sides. It has very technical details as w
51.
by Rmilb 9y ago
It depends on your view point. For Bitcoin to succeed it must be able to withstand what some view as an "attack" on it. If bitcoin is vulnerable to this attack it doesn't deserve to last, it needs to be fixed, tested and trie
52.
by Rmilb 9y ago
In what scenario would it be in anyone's interest to raise the maximum total of coins to be created?
53.
by Rmilb 9y ago
The majority of cryptocurrencies value is derived from what the market thinks it is worth. The market can deem any coin's value to be worth 0 at any time. The value is extremely volatile and can lose and gain value quickly. There are
54.
by Rmilb 9y ago
Speculation is that this is primarily due to Bitmain's announcement yesterday to hard fork if the UASF soft fork gets any momentum. Jimmy Song has a good analysis on this. https://medium.com/@jimmysong/examining-bi
55.
by Rmilb 9y ago
Financial privacy. You can still report it on your taxes. Maybe some of the coins you now own were stolen and you just happened to get them from the exchange and you are concerned about the fungability of bitcoin in your legal jurisdiction.
56.
by Rmilb 9y ago
A decentralized network has trade offs associated with it.
57.
by Rmilb 9y ago
As a lay person they shouldn't care unless it solves a problem they have. It is only too much for a layperson until bitcoin is a good answer for the problem they have. From women in Saudi Arabia who cannot own bank accounts, to the peo
58.
by Rmilb 9y ago
Perceived 'crypto economic incentives' will taint any controversial decision in most public chains. Those incentives must be tested to prove that they work. If they fail, we rebuild chains with better incentives; this is how bitc
59.
by Rmilb 9y ago
Last I heard, tethers peg to the dollar was unsustainable.
60.
by Rmilb 9y ago
The blockchain can be used to enrypt the data you generate on a blockchain and entrust the user with a cryptographic token that can be used to generate different tokens that allow others to decrypt specific sets of data, like location track

More ›