apo

85 ms·

691.
by apo 9y ago
Professional blockchain researcher. Huh? From the witer's bio: I’m a PhD student at Aalto School of Economics in Helsinki, Finland. In general, I’m interested in evolution – specifically, how complex entities evolve over time. FWIW,
692.
by apo 9y ago
We should note, though, that a layered architecture was not envisioned by the inventor and early adopters of Bitcoin. They envisioned it more as a monolith: a single piece of software that handles all the possible use-cases and features in
693.
by apo 9y ago
Withdraw of bitcoin was possible for many months while withdrawal of USD was blocked. I can't tell you how many /r/bitcoin posts I saw in the months leading up to the final closure of BTC withdrawal that went something like:
694.
by apo 9y ago
There are similarities to Mt. Gox. One of the most important is the near-complete lack of user panic, despite ample warnings, right up to the collapse. I remember vividly seeing Mt. Gox users warned to leave. They didn't. Somehow, they
695.
by apo 9y ago
For those who don't understand or believe this to be true, listen to the bankers themselves: https://www.monetary.org/wp-content/uploads/2016/03/money-cr...
696.
by apo 9y ago
Ironically, many of these managers who find it so difficult to focus on the meetings they're supposed to be leading are are terrible at email as well. Either they flat-out can't write, or mis-use the medium altogether for things t
697.
Remember When You Could Mail Order an Entire House in a Giant DIY Kit?(messynessychic.com)
12 points by apo 9y ago|2 comments
698.
by apo 9y ago
Yes. As a chemist, this was a very frustrating read. However, I found a concise summary in the abstract to the original article: A lack of silicate matter sets the stone apart from interplanetary dust particles and known cometary material.
699.
by apo 9y ago
Except for faster transaction confirmations, and lower fees. That may well turn out to be a temporary feature. Until 2015 (its sixth year of existence), Bitcoin had negligible transaction fees. Ethereum and Bitcoin are subject to the same
700.
by apo 9y ago
Bitcoin smart contracts are based on the language Script: https://en.bitcoin.it/wiki/Script Opcodes and values can be combined to yield a vast array of possible contracts, just like any programming language. Templates
701.
by apo 9y ago
Interesting point, but can't randomness be read from hash of the next block? Miners can get into the act to twiddle the next block hash. There are some ideas on this topic here: https://ethereum.stackexchange.com/ques
702.
by apo 9y ago
It's sad to see the "Bitcoin doesn't do smart contracts" line repeated so faithfully - even implicitly as in your question. It's rubbish. Bitcoin supports smart contracts, and has done so since launched in 2009. Eve
703.
by apo 9y ago
The story here isn't porn. It's that we can no longer trust video evidence - of anything - in isolation.
704.
by apo 9y ago
"If the wind is strong enough, even turkeys can fly."
705.
by apo 9y ago
What the bubble callers miss is that in the middle of a bubble, only cranks call bubble. The opposite is the case now. Every other armchair investor (and their ivory tower counterparts) is calling bubble now: on Bitcoin; on stocks; on bonds
706.
by apo 9y ago
Contrary to the cliché, the vast majority of millennials did not go to college, do not work as baristas and cannot lean on their parents for help. Maybe the vast majority don't graduate from college, but the majority enroll according
707.
by apo 9y ago
So I recommend: just present the idea of an abstract group and its relevant properties, then continue on with the high level algebra. For most people this would be a lot more informative. Are there any treatments like this that you'd
708.
Pineapple Fund: Donating $86M of Bitcoins to Charity(pineapplefund.org)
430 points by apo 9y ago|213 comments
709.
by apo 9y ago
There's some detail here: TXO commitments aren’t a new idea - the author proposed them years ago2 in response to UTXO commitments. However it’s critical for small miners’ orphan rates that block validation be fast, and so far it has p
710.
by apo 9y ago
This paper packs an enormous idea into a tiny package. It's worth reading - and re-reading. If you've studied electronic cash systems and/or cryptographic systems before, the paper is quite easy to read. Otherwise it's a
711.
Hoversurf(hoversurf.com)
1 points by apo 9y ago|0 comments
712.
Draining Millennials of Their Blood to Rejuvenate Boomers(reason.com)
2 points by apo 9y ago|0 comments
713.
by apo 9y ago
But it is one thing to become a millionaire (the word was coined during the Mississippi bubble of the early 18th century) on paper, or in "bits"; it is another to be able to get into a bubble and out again with your wealth intact
714.
by apo 9y ago
The problem with many TDD critiques is that they offer no alternative. The original presentation: https://www.youtube.com/watch?v=DQBf6li1hww is a case in point. Presenter takes what he believes to be TDD's four main p
715.
by apo 9y ago
Hey look, someone took the time to explain to cryptocurrency enthusiasts why the rest of us perceive money as working. Most knowledgeable cryto enthusiasts I know already know that fiat currencies work well enough for many people. Folks l
716.
by apo 9y ago
Writing code in spare time, not to mention 11,000 lines of it, already sets any high schooler (or any beginning programmer) apart from the majority of peers. It's shocking how little students in "AP" computer science courses
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by apo 9y ago
A couple of points of context. The rally was organized by the "German American Bund," an organization that Nazi Germany had distanced itself from before the Madison Square Garden rally: On March 1, 1938 the Nazi government decree
718.
Bitcoin's Eternal September(bitzuma.com)
2 points by apo 9y ago|0 comments
719.
FUNdaMENTALS of Design [pdf](web.mit.edu)
2 points by apo 9y ago|0 comments
720.
A Visual Language for Bitcoin Transactions(bitzuma.com)
3 points by apo 9y ago|0 comments

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