Taek

42 ms·

541.
by Taek 5y ago
For my purposes 10 AU has a lot more meaning than 1 billion km. 1 AU has a lot more context
542.
by Taek 5y ago
The people who care about actual problem solving are still around, and at the core development layer Bitcoin is absolutely dominated by people who care about making a healthy technology over making a profit on their investment.
543.
by Taek 5y ago
That's a foregone conclusion isn't it? With the recent news from El Salvador, Bitcoin is already stepping up to the plate as a circumvention for sanctions.
544.
by Taek 5y ago
Probably more ready than you expect. The logistics behind actually banning Bitcoin are pretty convoluted. Anyone can just run a node, anyone can just transact, you can trade btc for cash OTC, there are literally satellites that beam the blo
545.
by Taek 5y ago
We started using Stripe recently for a worldwide base of customers and I was a bit flabbergasted that Stripe didn't have a tax solution already built in. Taxes are a PITA, and in my opinion this product from stripe makes enormous sense
546.
by Taek 5y ago
Skynet already hosts nearly 1,000 TB of data. At 100 TB, SciHub would be material but also comfortable.
547.
by Taek 5y ago
The leader in that space is Skynet, which basically is like IPFS + Filecoin but also has dynamic elements to it, and a lot better performance + reliability. Cryptocurrency is helpful because it allows you to incentivize people to hold the d
548.
by Taek 5y ago
You can build something like this on Skynet. Links on Skynet (called skylinks) can point to hashes of data (similar to IPFS)or can point to a pubkey. If the data points to a pubkey, it can be tweaked repeatedly and people with the old links
549.
by Taek 5y ago
I feel like rendering stuff like this is almost a violation of net neutrality. Large companies can spend lots of money on server-side compute and subsidize an experience that can't be replicated sustainably by smaller companies.
550.
by Taek 5y ago
Seems unlikely that the FBI sitting on a way to break ECDSA would use it to recover $2 million. Much more likely that there was a tumbler or exchange that they were able to link to the attacker and use to seize funds. Maybe they even have b
551.
by Taek 5y ago
It can't, this website is crap. Getting control of enough hardware to successfully attack Ethereum is going to be a multi billion dollar ordeal, and probably take 6+ months.
552.
by Taek 5y ago
I didn't mean as applied to this band specifically, just that in general cryptocurrency solves this class of problem. There are a lot of detractors who don't feel it has value, but this is an easy place we can make things better w
553.
by Taek 5y ago
This is one of the use cases for cryptocurrency. Decentralization means there is no company in the middle that can force you to give up your data.
554.
by Taek 5y ago
> "Monero is the best-in-class anonymous cryptocurrency in production today." > > What the hell is it trying to say then? It's trying to say everything else is broken too. I think Zcash is now best is class though. &
555.
by Taek 5y ago
There's nothing illegal here. The goal of privacy is to avoid giving anyone a reason to suspect something. In the case of money laundering specifically, you want to turn money that looks extremely suspicious into money that doesn'
556.
by Taek 5y ago
https://gist.github.com/DavidVorick/0dbd4906bfa50b7d8dba23f7...
557.
by Taek 5y ago
Analytic techniques are getting better and the cutting edge research strongly suggests that to a sufficiently sophisticated attacker, Monero is fundamentally about as private as bitcoin. Zcash from a theoretical perspective is a lot stronge
558.
by Taek 5y ago
I believe Wells Fargo, JP Morgan, and plenty others have reputations for this as well. HSBC just happens to be in the news the most.
559.
by Taek 5y ago
If you're really patient (and many big time criminals are), you only need to mine once every few months, maybe once a year or less. That's still hundreds of thousands of dollars of mining equipment, but well in reach for many.
560.
by Taek 5y ago
Law enforcement watches the mempool, they can spot such transactions anyway because they know it didn't ever show up in their mempool logs.
561.
by Taek 5y ago
Also you'd be able to see which transaction paid the large fee and what the history is. Might go unnoticed if the original coins weren't suspicious, but if an investigator is already looking at the original transaction because the
562.
by Taek 5y ago
Maybe sufficient to require that construction put down enough money to cover deconstruction and cleanup when building.
563.
by Taek 5y ago
Does running untrusted JavaScript count as shared hardware?
564.
by Taek 5y ago
In some sense that's not interesting though, right? A newborn that never made it also had very few resources poured into them. From a purely utilitarian perspective, the worst age to die is 20-22, when you've got an education and
565.
by Taek 5y ago
You could make an argument that society as a whole should start looking at things that way, but personally I'd have no basis for understanding how that translated to damage. 3 million people dead is a number that I have a lot of mental
566.
by Taek 5y ago
Amen! When we have the code, we can all work together to improve the model, add the tests, find the bugs. And honestly, research shouldn't be considered valid if all of the code and data isn't available. Reproducibility is one of
567.
by Taek 5y ago
That's not decentralized, that's just open source.
568.
by Taek 5y ago
often times when debating another professional we'll start things off by laying out exactly how we're using each term, and for the extent of the debate we'll agree on some specific definitions, or sometimes even make up tempo
569.
by Taek 5y ago
Using the terminology most commonly found in the crypto space, email is not decentralized but rather federated. This is because participation in the email ecosystem requires permission from other participants in the email ecosystem. If only
570.
by Taek 5y ago
That sounds pretty fun. Imagine moving leap day to New Years, so that every once in a while we have a 2 day party instead of a one day party.

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