elmar

19 ms·

151.
PARC scientist recalls Jobs' famous Xerox visits(youtube.com)
2 points by elmar 9y ago|0 comments
152.
'Human Uber' Lets You Hire Someone to Do Your Dirty Work,While Wearing Your Face(livescience.com)
2 points by elmar 9y ago|0 comments
153.
by elmar 9y ago
> Zcash doesn't have a way to validate money supply A little know secret is that, Monero also doesn't have a way to validate money supply.
154.
by elmar 9y ago
Also the energy spent on gold mining is dissipated into the universe. If the spot price of a Bitcoin fall's bellow the production price in electricity, the logic thing for the miners to do is to stop mining, if they do this, the blocks
155.
The World Food Programme’s much-publicised “blockchain” has one participant(davidgerard.co.uk)
3 points by elmar 9y ago|0 comments
156.
by elmar 9y ago
"Using the “what goes into it” valuing method, the value captured by each Bitcoin would be the cost of the mining hardware and the energy used before the number is guessed correctly." the biggest factor is energy cost and because
157.
by elmar 9y ago
>"Investors" I also don't like the term, probably a most appropriate term would be "Holders"
158.
by elmar 9y ago
A way to value crypto assets http://www.jsfour.com/value-crypto-assets/ TL;DR - Bitcoin is an energy arbitrage.
159.
by elmar 9y ago
>"If he really didn't care, the connected companies could pay a reasonable amount" He probably thought that the money would be better spent for the good of society by private institutions than by the government.
160.
by elmar 9y ago
>For the double spend to occur, you would need access to the seed ( private key) which the victims had and are trying to outrun the attacker in the case you were describing. So it works a bit like replace-by-fee on bitcoin? There is no m
161.
ZCoin compared to ZCash(medium.com)
4 points by elmar 9y ago|0 comments
162.
Ghost Money: Chile's Unidad de Fomento (2013)(jpkoning.blogspot.com)
1 points by elmar 9y ago|0 comments
163.
by elmar 9y ago
Nothing beats the Spanish dictator Franco speaking English https://youtu.be/EBS_n2lgYUI
164.
Non-Interactive Proofs of Proof-of-Work [paper] [pdf](eprint.iacr.org)
2 points by elmar 9y ago|0 comments
165.
The White House asked to borrow a van Gogh the Guggenheim offered a gold toilet(washingtonpost.com)
7 points by elmar 9y ago|0 comments
166.
by elmar 9y ago
>Some dude in Dallas who as a publicity stunt pledged to stay in his house for an entire year and just live off of stuff ordered online? I remember that and someone already did this with Bitcoin, it's fantastic the way the history j
167.
by elmar 9y ago
For context let´s get into the Bitcoin "Slang" including "pump and dump". 7 Popular Bitcoin and Cryptocurrency "Slang" Terms via CNBC [1:35 duration] https://www.youtube.com/watch?v=bbhesgGZw2A
168.
by elmar 9y ago
A little known fact is that validating a block with 1 Bitcoin transaction or all the world 10 minute transactions in Bitcoin would spend roughly the same energy. The energy is spent on security independent of transaction volume.
169.
by elmar 9y ago
A big problem is latency even today anything above 3s is unacceptable for mining, half of miners are not validating blocks before starting to mine because it takes to "long", miners spy on other miners and then try to mine empty b
170.
by elmar 9y ago
In the long term you can't have fast and low fees with decentralized and censorship-resistance you have to chose one or the other. Bitcoin Cash is fast and as low fees but if it manages to scale to something like a Visa network number
171.
Data visualisation: 118 coins plotted over time(woobull.com)
4 points by elmar 9y ago|2 comments
172.
Scriptless Scripts: How Bitcoin Can Support Smart Contracts Without Smart Contr(bitcoinmagazine.com)
2 points by elmar 9y ago|0 comments
173.
by elmar 9y ago
People will buy kitty's, borrow against them and use funds to buy more kitty's building a leverage position on Kitty's.
174.
by elmar 9y ago
next step a stable coin based on collateralized cats.
175.
by elmar 9y ago
You are absolutely right, Bitcoin will never achieve the same stability of strong government controlled Fiat currencies, in my opinion it only makes sense to use it as a currency in regions were Fiat is very bad like for example Venezuela.
176.
by elmar 9y ago
>"Just like when gold was first traded and suffered many huge highs & downs" The 4 years after Nixon took the dollar out of the gold standard (1971), gold had huge volatility even today gold doesn't have low enough vol
177.
by elmar 9y ago
To get a low volatility stable currency, you pay with a steady compounding inflation, like with everything in life there is a trade-off.
178.
by elmar 9y ago
> So don't republish them, as it encourages copycats. I understand your point, but I think that remembering the past can serve as a warning. "Those who cannot remember the past are condemned to repeat it." I was trading i
179.
by elmar 9y ago
Hope we don't see headlines like this one Atlanta massacre: Broker shoots 12 dead as stock market falls (1999) https://www.independent.co.uk/news/atlanta-massacre-broker-s... Atlanta Day Trader shooting 10 years l
180.
by elmar 9y ago
A voice against light-client nodes "Peter Todd, a Bitcoin Core developer, concerns what we can say is a fundamental technical argument from small blockers. They argue we can not scale on-chain, because we can not have light-client node

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