aakilfernandes

9 ms·

61.
by aakilfernandes 8y ago
It sounds like what is commonly referred to as "sharding" in Ethereum. Is this the case, or is it something different? By that I mean, are they implementing sharding a different way, or are they going an alternative route?
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by aakilfernandes 8y ago
Blockchain makes perfect sense as a PKI and for URIs. You don't actually hold state there, just public keys and the location of the actual data.
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by aakilfernandes 9y ago
That logo is fantastic
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by aakilfernandes 9y ago
Assuming you mean public blockchains, the main advantage is censorship resistance (you cannot have an administrator delete entries or restrict access).
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Whats wrong with iota(aakilfernandes.github.io)
3 points by aakilfernandes 9y ago|0 comments
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by aakilfernandes 9y ago
How does spam prevention work?
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by aakilfernandes 9y ago
There's a possibility that its affiliate advertisers to blame.
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by aakilfernandes 9y ago
Ditto
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by aakilfernandes 9y ago
Any idea on the tax implications of this? Do you have to pay cap gains when using crypto as collateral? If not, seems like it'd be massively useful for whales to cash out without paying taxes.
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by aakilfernandes 9y ago
I notice these bars every time I see them in the store. Its amazing how big a difference package design can make.
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by aakilfernandes 9y ago
There are some users who would actually rather pay $5/mo than use a free service. Thats because paying money gives the impression (real or not) that the service is more likely to stick around and be fixed when it goes down.
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by aakilfernandes 9y ago
Its amazing to me it took 15 years to go from hashcash to Bitcoin. I think it speaks to the strangeness of Bitcoin, and its niche idealogical underpinnings. Bitcoin solved a problem that most of the people never thought about. Yet if you&#x
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by aakilfernandes 9y ago
I prefer the laissez-faire philosophy of classic, but the innovation is happening on the main chain.
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by aakilfernandes 9y ago
IMHO the real bottle neck here is NAT, so I'd throw universal static ipv6 consumer adoption in with this.
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by aakilfernandes 9y ago
Ethereum's Casper https://github.com/ethereum/research/blob/master/casper4/pap... It aims for more economically secure public blockchains with shorter confirmation times and less cost (electric
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by aakilfernandes 9y ago
Hiring a maid is especially great if you live with other people. Splitting a bill is much easier than splitting tasks.
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by aakilfernandes 9y ago
Why are token sales not considered applications? If kickstarter or seedinvest or gofundme had been doing the kind of volume eth is doing, would you say those platforms have no "actual user base"?
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by aakilfernandes 9y ago
Absolutely agree, and Ethereum is a great platform for building those stable currencies. Check out Stabl and Maker for two orgs trying to make this happen. But its also trivial to issue fiat-backed tokens on Ethereum (at least from a techni
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by aakilfernandes 9y ago
Been excellent seeing your posts on here and Reddit over the past few years. Best of luck!
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by aakilfernandes 9y ago
Just got through doing this with another subscription. I was considering just putting a block on them with my CC. Would that be legal?
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by aakilfernandes 10y ago
Sounds really interesting. Would you mind shooting me an email at aakil at safezero dot org?
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by aakilfernandes 10y ago
Bitcoin has a trusted bunch of bootnodes hardcoded into each client. If they act poorly, its trivial to swap them out. Just like its trivial to swap an exchange rate oracle.
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by aakilfernandes 10y ago
Stable coins still have volatility, however the volatility is pushed to a different set of players (in this case the mkr holders). These mkr holders have a big incentive to promote adoption of dai (the stable coin).
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Introduction to zk-SNARKs with examples(media.consensys.net)
1 points by aakilfernandes 10y ago|0 comments
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by aakilfernandes 10y ago
The network recalculates payoffs based on the hashrate. If electricity becomes cheaper, hashrate goes up, and the payoff per hash goes down.
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by aakilfernandes 10y ago
Gail for President
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by aakilfernandes 10y ago
Hey, what are you trying to build? Might wanna check out truffle
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by aakilfernandes 10y ago
The headline reminds me of this http://downlode.org/Etext/nine_billion_names_of_god.html
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by aakilfernandes 10y ago
ELI5: Lightning is a protocol built on top of bitcoin that allows the trustless transfer of Bitcoin without settling to the chain. These transfers don't need to be individually mined and don't take up capacity on the main chain. T
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Bitcoin's Lightning Network Alpha Release(lightning.community)
4 points by aakilfernandes 10y ago|1 comments

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