garydevenay

9 ms·

31.
by garydevenay 5y ago
If you freeze a UTXO, one can spend that UTXO inside the network by committing a transaction and the output will be a new UTXO which is different from the previous one, thereby unfreezing it. This is the basis for mixing services which do t
32.
by garydevenay 5y ago
> For example, if you bring up the question of whether the major centralized exchanges could all decide based on instructions from an oppressive government to freeze exchange of tokens belonging to a dissident, you’ll be told that that’s
33.
by garydevenay 5y ago
The writer doesn't. There are multiple clear instances of mental gymnastics in this article. From previous articles the author has written it seems like they have been researching this topic for 4 days before writing this article. Hard
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by garydevenay 5y ago
This article seems to be intentionally written in a hyperbolic fashion, comparing things which are completely different with each other under the guise of "web3" or "blockchains". Bundling a bunch of bad sounding things
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by garydevenay 5y ago
> Plenty of "metaversy" things are possible today, but rejected by users. While I agree with you on this; online dating was seen as something only desperate people would do, until it was for everyone.
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by garydevenay 5y ago
Implying that because you satisfy the criteria of one moral principal means that all other moral principals are void is nonsense-think.
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by garydevenay 5y ago
This article is littered with quite important inaccuracies, most of which I'll try and address in this comment. > The push for decentralization in cryptocurrencies is the root of most of its problems. The push for decentralization i
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by garydevenay 5y ago
> wallet keys get lost making stored bitcoins unavailable This does not remove Bitcoin from the network, just because it is never spent. > The developers/community may very well decide to change the total amount of bitcoins avail
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by garydevenay 5y ago
Valuation and debasement are two very very different things with very different effects. The US created 20% of all the dollars that have ever been created, ever– last year. This is infinitely more harmful than a reduction in price compared
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by garydevenay 5y ago
Some context to this plan: This idea was presented to President Bukele during a Twitter Spaces[1] session where he discussed the bill with the Bitcoin community whilst it was going through voting. Mining Bitcoin was not something he has pre
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by garydevenay 5y ago
> the folks with "more money in their pockets" I would argue that the population who can now operate and opt-out of a USD system where their money is being debased by 20%+ in the last year by a foreign government will be quite
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by garydevenay 5y ago
This is undoubtably a bold move by El Salvador, but I think dismissing it at "ridiculous" isn't very productive.
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by garydevenay 5y ago
> How so? Fiat currencies are exceptionally good instruments for exchange value for illicit purposes. Primarily this is because it is unknown what the total supply of fiat is (although there are reasonable models for estimation) and it&#
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by garydevenay 5y ago
> In theory, you can also store USD for an infinite amount of time This is actually not true, as 1 USD does not equal a static percentage of all USD. If you look at the stock-to-flow of storing value in USD compared to Bitcoin or even Go
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by garydevenay 5y ago
This scenario doesn't have any particular features that make access to energy or mining bitcoin the differentiating factor. Illicit fiat and extortion can be used in order to launder illicit fiat in many ways. The underlying problem ac
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by garydevenay 5y ago
I think that's a fair comment. Re-using the word "energy" in that sense is potentially misleading to always mean electrical energy. As for the value of 1 BTC, it's value fluctuates if you operate on a base currency which
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by garydevenay 5y ago
In the case of laundering Bitcoin— this seems to be a majorly misunderstood concept. Bitcoin transactions are completely transparent and observable by everyone who has an internet connection. Anyone (with an internet connection) can watch a
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by garydevenay 6y ago
Engine out redundancy is built in (as with Falcon 9)— hull redundancy typically isn't.
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by garydevenay 6y ago
Starship will use 304L stainless steel due to it's good performance at cryogenic temps. 304L just so happens to be the best kind of stainless steel for salt water exposure. Not sure if any other steps will need to be taken for greater
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by garydevenay 6y ago
I don't and never have had my iPhone in a case (iPhone user since 3g)
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Yemen is in the middle of the largest humanitarian crisis in the world(linkedin.com)
1 points by garydevenay 6y ago|0 comments
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by garydevenay 6y ago
I've just installed Dark Reader from this post, it is awesome.
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by garydevenay 6y ago
At least long enough to be indexed on Google.
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by garydevenay 6y ago
The Merchant Chippy in Merchant City, Glasgow. Not a finer chip has been fried.
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by garydevenay 6y ago
As a Scot living in London (I left around 5 years ago). The C-word is certainly commonly used, especially in the West Coast where I'm from.
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Using Technology to Combat Sexual Assault: IWD2019(techcrunch.com)
1 points by garydevenay 8y ago|0 comments
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by garydevenay 12y ago
That sounds awesome! Thanks for the help
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LONDON: Need a little help
1 points by garydevenay 12y ago|2 comments
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by garydevenay 13y ago
I dropped out of school at 16, all I knew was I was HTML and CSS (and not very well). I managed to get a job with bad pay, crap atmosphere. I'm now 22 and working for one of the top agencies in Scotland. All my friends are still in uni
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The News Industry Rewritten(garydevenay.com)
1 points by garydevenay 15y ago|0 comments

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