VMG

153 ms·

901.
by VMG 10y ago
Time to post his website again http://mrl.nyu.edu/~perlin/ Needs to be ported to webgl some day
902.
by VMG 10y ago
What the purpose of the backspace key?
903.
by VMG 10y ago
Se also this recent confused article in the Guardian, which hilariously portrays the IMF as a "Neoliberal" institution: https://www.theguardian.com/books/2016/apr/15/neoliberalism-...
904.
by VMG 10y ago
The private sector usually manages to keep it's systems updated. This here seems like the typical incentive and accountability problems of government bureaucracy.
905.
by VMG 10y ago
Well if it's pure black or white or sth like that, it's within the reach of brute-forcing. Ideally it should be private and contain some amount of entropy.
906.
by VMG 10y ago
Why not just put your cat in front of it and use sha3 on the image?
907.
by VMG 10y ago
Reminds me of this story https://en.wikipedia.org/wiki/The_Pedestrian > Eller writes that Bradbury's inspiration for the story came when he was walking down Wilshire Boulevard in Los Angeles with a friend somet
908.
by VMG 10y ago
> What exactly do you think is being hidden. Evidence of corruption.
909.
by VMG 10y ago
I think Benjamin Lawsky read the wikipedia article on "Regulatory Capture" and took it as an instruction manual. http://www.wsj.com/articles/benjamin-lawsky-to-step-down-as-...
910.
by VMG 10y ago
It's not clear if Gavin's Blog, Twitter or commit-access machine was hacked, if at all. Gavin is one of many core devs, and Bitcoin good enough security procedures to survive a dev's machine being hacked.
911.
by VMG 10y ago
The people who lose credibility here are * The Economist * BBC * Gavin Andresen (unless he was hacked)
912.
by VMG 10y ago
It's hard to prove a negative. All we know is that, at the moment, he is trying to convince that he is Satoshi but uses deceptive proofs.
913.
by VMG 10y ago
Australian dude publishes fake proof he's the famous inventor of bitcoin: * http://www.drcraigwright.net/jean-paul-sartre-signing-signif... * https://www.reddit.com/r/Bitcoin/comments/4hf
914.
by VMG 10y ago
No, journalism is in an even worse shape than we expected.
915.
by VMG 10y ago
Maybe Gavin's acct was hacked?
916.
by VMG 10y ago
He didn't sign a message "Craig Wright is Satoshi", which would be the proper way to prove this. The signature he has could come from one of the signatures the real Satoshi has created. Edit: https://news.ycombinat
917.
by VMG 10y ago
Again? This was debunked months ago when he first tried to pull of this stunt. Remember, it's easy to prove you're Satoshi by either * Signing a message with his PGP key http://nakamotoinstitute.org/static/sat
918.
by VMG 11y ago
You picked protein fit as an example of useful PoW. How can you now claim it's useless?
919.
by VMG 11y ago
> Nothing stops you mining on a private chain, but since you have a small minority of the compute power, the network doesn't care about your private chain. Right, this is not an issue for small miners. But if you have a significant
920.
by VMG 11y ago
> Except the miners don't gain value from discovering a protein fit, so they have no incentive to mine the wrong chain. Well then they are doing useless work too, and the criticism of wasteful mining applies. You gain value from doi
921.
by VMG 11y ago
As long as you have government power (public funding) in academia, you'll have rent-seeking.
922.
by VMG 11y ago
Wikipedia: > In 2015, Elsevier reported a profit margin of approximately 37% on revenues of £2.070 billion. https://en.wikipedia.org/wiki/Elsevier
923.
by VMG 11y ago
So in primecoin I can mine on any block and generate a useful byproduct? What stops me from attacking that network by mining on my private chain with a double spend? I have no opportunity cost.
924.
by VMG 11y ago
It was hyperbole. It's the same deal in your example: if the is a PoW reward outside the currency, the cost of mining on the wrong chain drops. The PoW must only be useful for the coin you are mining and nothing rise.
925.
by VMG 11y ago
These other cryptocurrencies are less secure than bitcoin. For them, the cost of attacking the network by mining on an orphaned chain is lower, because by definition the PoW has a useful by-product. The more useful the byproduct, the less s
926.
by VMG 11y ago
If the PoW serves any other purpose than mining bitcoin, it can't be used, since there won't be any opportunity cost in mining on the most recent chain.
927.
by VMG 11y ago
This is amazing.
928.
by VMG 11y ago
Sure, there certainly is a risk of centralization in Bitcoin. At the moment Chinese miners probably are in a position to collude and censor transactions they don't like. However they can't steal assets, so they have a limited ince
929.
by VMG 11y ago
Steam isn't holding coins in any case, it's Bitpay. They have probably figured this out.
930.
by VMG 11y ago
True, in that sense it's less centralized. But each of those payment provider you pick holds your assets and can restrict your transactions any time. With Bitcoin that is not possible.

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