Sargos

12 ms·

91.
by Sargos 4y ago
Privacy and money laundering go hand in hand. You can't have one without the other.
92.
by Sargos 4y ago
> Again, this is all very simple. Someone who transacts with an address that is on a sanctions list is in violation of sanctions. You sound like one of those devs who shunned Dropbox because it's just a simple internet backed up fol
93.
by Sargos 4y ago
There has never been a vote on KYC/AML policies and my research does not turn up any neutral sources suggesting the population strongly supports these rules. In fact history shows that these rules are almost all dictated by a small gro
94.
by Sargos 4y ago
> Nigerian here, also an opponent of the present government, but why would a crackdown on anonymous SIM cards be an issue for debate ? It's a very authoritarian move to threaten privacy and prevent people having free access to the i
95.
by Sargos 4y ago
> No, because apps will be moved to other stores with less strict guidelines on permissions. This hasn't happened on Android so your argument falls flat.
96.
by Sargos 4y ago
When your validator is chosen to produce a block the client software asks flashbots for a list of transactions to include at the front of the block and you get paid for that. The validators produce blocks in a similar manner as miners do.
97.
by Sargos 4y ago
> Although validator earnings will be single digit percentages in ether per year, isn't that just the block reward, and all of the transaction fees are also split? Don't forget about MEV (maximum extractable value). Block produ
98.
by Sargos 4y ago
> The key difference is that BTC and all cryptocurrencies in general are not getting better about being scalable to many total transactions and transactions/second - they're getting worse. > This is true for all blockchain-b
99.
The computer science case for Web3(ortutay.substack.com)
2 points by Sargos 4y ago|0 comments
100.
by Sargos 4y ago
There are lots of stablecoins of all different types. You are probably thinking of Tether or USDC which are companies and can be regulated/shut down but there are also stablecoins like DAI which are decentralized and cannot be shut dow
101.
by Sargos 4y ago
Vitalik does indeed value simplicity and it's one of Ethereum's core design principles https://twitter.com/VitalikButerin/status/147740277221558682...
102.
by Sargos 4y ago
> Security tokens would need to follow the same securities laws as centralized solutions Which securities laws? I'm imagining you are talking about the US as this site is very Silicon Valley centric but not every company is based in
103.
by Sargos 4y ago
Historically this has not been true. The more ossified the bureaucracy becomes the less able it is to adapt and innovate which eventually leads to replacement or revolution.
104.
by Sargos 4y ago
Honestly they might just love that as it'd give them broad 9/11 style support and they could break the rules more openly to "fight cop killers"
105.
by Sargos 4y ago
This was called Bancor and was proposed by John Maynard Keynes at Breton Woods. It was the major idea competing against the US pushing the dollar as the core of the monetary system and the US had all of the power at the time so that's
106.
by Sargos 4y ago
Well yeah that seems to be the consensus that it'll be seasonal like the flu. And like the flu it moderates over time and isn't that big of a deal, even less of a deal if you get your flu shot.
107.
by Sargos 4y ago
Where do you live? Everywhere I've been this year have all been post-Covid. The only places that still seem to be having problems are places with authoritarian governments.
108.
by Sargos 4y ago
> the impossibility of privacy is also not theoretical. In that it's proven possible and how the world worked for thousands of years. The existence of KYC/AML and the ability of the state to surveil their population's fina
109.
by Sargos 4y ago
Blockchains are really just a shared public key cryptography system. It solves the key distribution problem and makes using keys easy for developers and users.
110.
by Sargos 4y ago
Are you sure? 5k being a safe average dose seems to be corroborated across the internet and the abstracts of some papers I've seen.
111.
by Sargos 4y ago
There's an open source web version I worked on at GitHub if you want to play an in-dev version that works on modern computers. https://github.com/jackinloadup/lunatic-fringe Click to play: https://jacki
112.
by Sargos 4y ago
>why should the onus be on everyone else to communicate their intent, rather than on the few users affected to communicate their intent? Because this effectively bans any kind of tracking cookies which, while most are kind of awful, ther
113.
by Sargos 4y ago
Certainly not at the near 100% level that the default setting suggests. Microsoft poisoned the well with DNT and worsened privacy on the web for everyone.
114.
by Sargos 4y ago
Most important smart contracts like MakerDAO are formally verified already and there are ways to code smart contracts in functional and other safer languages.
115.
by Sargos 4y ago
Banks are some of the most highly regulated entities in our entire economy. They can't do really anything without asking for permission or following exact steps spelled out in FDIC/OCC/Fed rules.
116.
by Sargos 5y ago
There are tons of legal medical images of that content as well. Training wouldn't require any damaging material.
117.
by Sargos 5y ago
I really need to see their prototypes for Ricochet 2
118.
by Sargos 5y ago
>Does this have implications for blockchain as a whole or was this company just dumb? They were just dumb. The Ronin bridge where this money was stolen from wasn't decentralized at all and wouldn't even be recognized as a block
119.
by Sargos 5y ago
>encryption has many, many actually useful and productive applications So does crypto but likewise opponents of encryption disregard the positives and focus on the negatives to align with their preformed ideas. The only way out of this t
120.
by Sargos 5y ago
It's creating your own bubble. Not really a good thing for anyone who values a broad perspective of the world.

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