everfree

45 ms·

511.
by everfree 4y ago
It's unclear to me specifically what type of attack you are describing. One does not "simply take over majority control of the network". Edit: Looking at the votes, it seems like I may be the only one who it's unclear to
512.
by everfree 4y ago
I think you may be missing the proposed use case of private blockchains. They aren't for storing data within a single organization on trusted computers controlled by that organization. They are for sharing data across a limited consort
513.
by everfree 4y ago
It depends on which PoS algorithm you look at, but some of them are generally considered to be as "decentralized" as PoW in terms of the security properties they give to their network under adversarial conditions.
514.
by everfree 4y ago
I think it does need to be said. Nobody can engage with your opinions if you don't express them.
515.
by everfree 4y ago
Why do blockchain-based name systems (or ENS specifically) make you "gag and recoil?"
516.
by everfree 4y ago
Yes. I'm not going to name drop for fear of it coming off as shilling, but I'm familiar with a couple DApps that are two-sided marketplaces for insurance on other DApps. If you lose your money to a smart contract bug in the insure
517.
by everfree 4y ago
What do you dislike about the EVM?
518.
by everfree 5y ago
Mt Gox required you to deposit your cards there in order to trade them, and we all know what happened to Mt Gox. NFTs add the ability to do non-custodial trading. You can trade items for money without needing to first hand them over to some
519.
by everfree 5y ago
> Stocks are supported by the productive capacity of the business in question, ultimately; crypto doesn't work that way (at least not at present, maybe one will in the future). Ethereum's revenue is the transaction fees it coll
520.
by everfree 5y ago
I can't speak to an exact payment amount, but I know that lawyers tend to only take contingency cases that they believe will be a slam dunk.
521.
by everfree 5y ago
Thank you for the source - it was surprising to me that the word "violent" was used in the original article but the behavior was not elaborated on in any way.
522.
by everfree 5y ago
After an award is given in a judgement, the time for a company to reduce the amount is long past, and they can only drag their feet for so long. With the proper filing, the plaintiff can put a lien on the company's bank accounts, and i
523.
by everfree 5y ago
> The DataFinnovation post shows that the problem of implementing an Ethereum-like system whose performance in all cases is guaranteed to be faster than any single node in the network can be reduced to 3-SAT, which is a canonical problem
524.
by everfree 5y ago
> The USA are the good guys That kind of reductionism doesn't really forward the discussion. The USA is a complex system of interconnected organizations run by constantly churning groups of people. It's a topic that needs to be
525.
by everfree 5y ago
Real shocker that lossy compression produces smaller files than lossless compression.
526.
by everfree 5y ago
That data is out of date. Go directly to Vanguard's VOO page and you can see that they also hold 507 companies, just like SPY. But it doesn't even matter. Even if the fund held 510 companies, those last three companies would each
527.
by everfree 5y ago
If a particular stablecoin can be shady and still carry a large amount of volume, why does it logically follow from that that no stablecoin should ever be trusted? The logic behind your assertion of cause and effect doesn't make any se
528.
by everfree 5y ago
> SPY and VOO have a slightly different mix of stocks and VOO had a larger maximum drawdown at -19.58% vs -19.43%. It’s easy to argue that VOO is obviously better, but I don’t think that’s completely accurate. We're really splitting
529.
by everfree 5y ago
> If there where better stable coins then presumably most people would use them That's not true. Tradable instruments generally accrue network effects based on snowballing liquidity and trading pairs as a result of being first to ma
530.
by everfree 5y ago
In other words, you need a copy of everything that's ever happened on Ethereum because it makes you personally feel uncomfortable that the internet eventually forgets things, but you want other people to host it for you for free becaus
531.
by everfree 5y ago
Why do you care so much about historical data? If you really care that much for some reason, store it too. Law enforcement will.
532.
by everfree 5y ago
Okay sure, perhaps we've stumbled onto something big here in the Hacker News comments section. You want to do the honors and alert the media?
533.
by everfree 5y ago
You said that you don't trust stablecoins because one particular stablecoin is untrustworthy. That's a classic strawman, plain and simple. You took down the Tether strawman, while pretending that you took down the entire concept o
534.
by everfree 5y ago
History will always exist because I will personally keep a copy of all of it. The chain grows by 140GB/yr, and it's within my budget to buy two new 10TB hard drives every 7 years (two for redundancy).
535.
by everfree 5y ago
What was your question?
536.
by everfree 5y ago
Just because you don't understand a data structure doesn't make it a magic buzzword. https://en.wikipedia.org/wiki/Merkle_tree#Uses
537.
by everfree 5y ago
> For a system that claims to "have all data on the chain" it sure seems to be hard to trace the money. What I linked you was a raw trace of the money. It includes all transactions to and from the address, with the amounts of
538.
by everfree 5y ago
There's a wide spectrum between a piece of data being maintained by every participant of a particular blockchain and maximally available, and that data being completely unavailable to anyone. It's that spectrum between 0-of-N and
539.
by everfree 5y ago
I don't have time to do the chain analysis right now, but it looks like they cashed out the equivalent of at least mid-7-figures USD, possibly much more. Trace the transactions yourself, here's the analytics for their receiving ad
540.
by everfree 5y ago
I just looked up the donation address on the blockchain, and it looks like Ukraine sent some of it directly to a crypto exchange to cash out. Perhaps Ukraine isn't the one grasping at straws here.

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