alcio

5 ms·

1.
by alcio 4y ago
> For your typical solo founder in their 30s, their odds of dying at any point over the next 10 years is something like 0.2% The real figure is more 2.1% (source: https://www.ssa.gov/oact/STATS/table4c6.html )
2.
by alcio 5y ago
> Any application that could be done on a blockchain could be better done on a centralized database. Except crime. In a weird way, this quote is a good explanation of why cryptos exist: they give the possibility of creating systems evadi
3.
by alcio 5y ago
yes, you can email it to your miner buddy. it's possible to spot such transactions if they violate transaction forwarding rules (aka standardness rules) but not consensus rules. for example, a transaction greater than 100kB is not stan
4.
by alcio 5y ago
Excited to see this new release. Seems to me this would (slightly?) negatively impact query performance for recent data (when the query concerns data is both in O3 and persisted zones), is that the case?
5.
by alcio 6y ago
Proof-of-stake coins lack one of proof-of-work coins most important properties: censorship resistance. In both consensus systems, a censor is someone that has amassed 51% of the currently available stake (in PoW stake is mining machines, in
6.
by alcio 6y ago
USDT-USD markets are indeed marginal. however, implied USDT price using BTC as a cross shows USDT is valued pretty much at parity with the dollar by the market: https://www.tradingview.com/symbols/spread/BINANCE%3A
7.
by alcio 6y ago
inflation in consumer goods might not be high, but financial assets have clearly inflated: a quick look at gold denominated SPY shows it.
8.
by alcio 6y ago
In some cases, increasing the fee once the transaction has been broadcast is not possible (original transaction doesn't use replace-by-fee OR child-pay-for-parent is not possible)
9.
by alcio 6y ago
"miners somehowd eviate from the conventional wisdom or the norm, which dictates that transactions are prioritized for inclusion based on the fee-per-byte metric " Miners prioritize by fee-per-byte, except that the on-chain fee
10.
by alcio 6y ago
it weighs 490gr and the gold is 87.7% pure, that results in cube of side 2.8cm https://www.wolframalpha.com/input/?i=490+*+0.877+grams+of+g...
11.
by alcio 6y ago
Using a full node, you not only sync the history, but also validate it. In recent days, on a modern machine with a good internet connection, it takes less than 12hrs to achieve this. If you don't care about validating the history, I gu
12.
by alcio 7y ago
How many AAPL shares have not been traded for the past 2 years? And how many BRK.A? Bitcoin gives the opportunity to answer those questions contrarily to the complex and somewhat opaque equities ownership rules.
13.
by alcio 7y ago
in this case, the defendant got a visa detached from its passport. from what I could gather from the complaint and his social media ( https://twitter.com/virgilgr/status/1161217917427470337 ), he just never tried to
14.
by alcio 7y ago
According to the complaint, the defendant: - went back to the US several time after traveling to the DPRK despite being warned not to by the US state department - had several consensual interviews with FBI agents - consented to a search of
15.
by alcio 7y ago
When you have traveled to the DPRK despite warnings of the Department of State, visiting the US is not the best decision to take.
16.
by alcio 7y ago
On one slide, there's a mention that in 2300, computers will have 10^60 elements in them. However, there's only 10^50 atoms on Earth.
17.
Studying “Study the Great Nation”(opentech.fund)
2 points by alcio 7y ago|0 comments
18.
Calibra – Digital Wallet for Libra(calibra.com)
100 points by alcio 7y ago|89 comments
19.
by alcio 7y ago
Swift lost at least $85M in 2016, and that was only 1 partial attack. Had it went fully through, hundreds of millions would have been robbed.
20.
by alcio 7y ago
How is the USD worth anything after some many bank robberies? Bitcoin itself worked as expected, and the fact that no one can easily reverse transactions is one of the features described in the original whitepaper: "Transactions that
21.
by alcio 7y ago
> What is it giving you that's worth the enormous montain of precaution that you need to take to secure yourself? It's giving you precisely the opportunity the Binance hackers seized: doing transactions that no one else wants d
22.
by alcio 8y ago
It's funny that the USDC website doesn't list the main use of stablecoins (especially Tether) these days: arbitrage. When moving fiat between two exchanges can take days and flag your accounts for suspicious activity, moving the s
23.
by alcio 8y ago
if Twitter were to ban stupid content from its website, not much would remain ; the stupidity of this can't be used as a reason to explain the bans.
24.
by alcio 8y ago
I cast a super wide net to show how ridiculous the original statement was.
25.
by alcio 8y ago
Not only is it terrible, but misleading too. Google has 88k employees and had a $32B revenue last quarter. Let's assume 25% of employees are R&D, each paid $250k/y: Google would spend $5.5B a year on R&D, or 4.2% of revenu
26.
by alcio 8y ago
Mastercard/Visa do thousands of transactions per second and charge a single digit percentage fee on top. Bitcoin does 3 to 5 transactions per second and charges a fixed fee per byte of transaction space. Which is fairer? Speed has a co
27.
Uber in talks to acquire Deliveroo(uk.businessinsider.com)
2 points by alcio 8y ago|0 comments
28.
by alcio 8y ago
> Recently our industry’s lack of care for efficiency, simplicity, and excellence started really getting to me, to the point of me getting depressed by my own career and the IT in general. Loading this website resulted in 5.3MB being dow
29.
by alcio 8y ago
One of the most important thing to learn when trading is risk management, how to preserve your capital. Being wrong is part of trading, staying wrong isn't. It's especially interesting to see it happen to someone that actually wo
30.
by alcio 8y ago
Resistance to state control is one of the axioms Bitcoin is built upon. If you think it is not possible, then Bitcoin cannot make sense to you. https://github.com/libbitcoin/libbitcoin/wiki/Axiom-of-Resis...

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