ajkdhcb2

24 ms·

211.
by ajkdhcb2 6y ago
It seems very simple to me. The network would be controlled by custodians including exchanges and banks. And under an attack the network would be over: the malicious stakers can basically pay themselves and suffer no cost to continue the at
212.
by ajkdhcb2 6y ago
This is one of the reasons why I am glad that Monero has a tail emission: the block reward never drops to zero, but stays at a fixed amount per block, asymptotically getting closer to 0% inflation per year
213.
by ajkdhcb2 6y ago
The bitcoin community is at a general consensus that PoS is inherently insecure
214.
by ajkdhcb2 6y ago
In an Ethereum echochamber it may seem like that. More generally on 'why hasnt it taken over?' a lot of projects have communities that laugh at the security properties of PoS; they will never consider it
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by ajkdhcb2 6y ago
It is highly controversial and plagued with unsolvable security drawbacks compared to Proof of Work.
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by ajkdhcb2 6y ago
I couldnt even get past trying to set the cookie preferences, spent several minutes then gave up on viewing the page on mobile
217.
by ajkdhcb2 6y ago
Building the whole browser ecosystem on Google code is absurd. Even while Chromium is usable for now, they can lead the project in whatever direction they want. If you don't want that, you should be supporting Firefox. The paragraph at
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by ajkdhcb2 6y ago
>Can we stop pretending it’s a future payment system? This is technology, why talk about it like it can't change and be improved upon? Bitcoin has serious flaws like having zero privacy but it has demonstrated a working foundation -
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by ajkdhcb2 6y ago
There is an argument that there will be bitcoin banks to act as custodians for people like you. Personally I find it outrageous to not be in control of my own money and would rather set up my own security solutions (how will someone steal f
220.
by ajkdhcb2 6y ago
You're thinking of Monero. It is extremely difficult, risk-prone and expensive to be private with bitcoin.
221.
by ajkdhcb2 6y ago
Yes you can have privacy with bitcoin only if you never transact with it... lol
222.
by ajkdhcb2 6y ago
The party is elected, and then they can change the prime minister at will. The two major parties are almost exactly the same: they both vote to pass the worst laws like anything under the national security umbrella. There is no real constit
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by ajkdhcb2 6y ago
Alternative similar 'instant exchange' XMR-BTC services include SideShift, MorphToken, SimpleSwap, Xchange.me, Godex, ChangeNOW, Fixedfloat.
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by ajkdhcb2 6y ago
>This blog post's talk about the "Monero faithful" and the "community" seem quite ironic to me. How is it ironic that people believe in the only digital money that doesn't enable mass surveillance? Because p
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by ajkdhcb2 6y ago
You didnt say anything at all in this comment about physical consequences, so I am lost in the discussion. Doctors are rationally ok with such prescriptions because the effects are not as bad as alcohol. Simply put: opiate abusers and users
226.
by ajkdhcb2 6y ago
Look at the data on those who have chronic pain: they are prescribed opiates at high dosages daily (equivalent to extreme abuse), and doctors think this is acceptable. Heroin is essentially just an opiate. They do not show effects as bad as
227.
by ajkdhcb2 6y ago
You just threw out your own anecdotal nonsense. Responsible drug users are invisible to society and to judgemental people like you. You have no data to discredit it.
228.
by ajkdhcb2 6y ago
Alcohol literally destroys your brain and gives you dementia. It is objectively more physically damaging than opiate usage.
229.
by ajkdhcb2 6y ago
Was going to donate but there are no crypto payment options.
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by ajkdhcb2 6y ago
Pure propaganda with no evidence. Major exchanges like Kraken are still trading it even in USA. Even if it were banned it would have little long-term impact. Literally impossible to stop decentralized swaps unless they also cripple BTC. it
231.
by ajkdhcb2 6y ago
Seems obvious to me that the strong "placebo" effect would be largely because it makes the person rest properly. Especially with knees and backpain etc. I didn't watch the video, he doesn't talk about that?
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by ajkdhcb2 6y ago
No, it truly is completely independent.
233.
by ajkdhcb2 6y ago
Exactly. This is the key point. All fear-mongering about cryptomining energy usage is based on this completely invalid logic.
234.
by ajkdhcb2 6y ago
It speaks for itself that yours is a very fringe opinion: none of these claims are strongly supported with evidence at this point of time. Saying the privacy properties are already solved and settled is ridiculous, none of the literature or
235.
by ajkdhcb2 6y ago
All BTC privacy technologies will be opt-in, and all empirical evidence shows this doesnt work - both from a technical and sociological perspective. On the technical side, analysis is always much more difficult to stop than people think. In
236.
by ajkdhcb2 6y ago
There is no evidence of this at all. In fact the US government put out a bounty to trace monero transactions just after Ciphertrace made such claim, and ciphertrace failed to win the bounty, so it appears to be ineffective
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by ajkdhcb2 6y ago
>But if the reason for taking the payment is legitimate you're going to have no more problems with Bitcoin than you will with cash in this regard. Nope. You may deposit cash into a bank and explain where it came from. Sure. This has
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by ajkdhcb2 6y ago
It is essentially certain that strong privacy will never come to bitcoin. Taproot and schnorr will make no meaningful difference, unless you mean it will assist people in doing atomic swaps to a private currency like Monero. Average people
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by ajkdhcb2 6y ago
That is what I intended to imply
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by ajkdhcb2 6y ago
Cash is private so it doesn't matter. When you pay with it, nobody knows where it came from. You can have extreme inconvenience for being linked to illegal bitcoin transactions.

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