gibsons77

7 ms·

31.
by gibsons77 8y ago
The monetary system itself is a big contributor or climate change. Kings used to require empires in order to protect their gold stores. I think securing the longest PoW (or PoS) chain is a very good use of resources, as it's tantamount
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by gibsons77 8y ago
These guys are working on a solution to general authentication for the web https://universallogin.io/
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by gibsons77 8y ago
I'm sorry to be that guy, but I really think blockchain offers solutions to these types of coordination problems. For example, Aragon just launched their mainnet today. They made a platform that allows distributed collaboration between
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by gibsons77 8y ago
Perhaps there's a reason why smart people are attracted to it.
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by gibsons77 8y ago
Is this a competitor to something like Enigma?
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by gibsons77 8y ago
And you're of course free to have your own opinion. I'm not as quick to dismiss them simply because I acknowledge that new technologies have historically been ridiculed by experts at least initially. But healthy skepticism is alwa
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by gibsons77 8y ago
I agree. You would need an oracle in order to put physical things on the blockchain, and that is subject to incorrect data or tampering. It's non-trivial, but not technically impossible.
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by gibsons77 8y ago
Those are blockchains which come to global consensus, which I don't think would work here. You would either need a state channel (2nd layer) or a DAG structure.
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by gibsons77 8y ago
I agree for this particular case, which is why I think a DAG with local consensus (something like IOTA) is more applicable for this application.
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by gibsons77 8y ago
This is the example I was referring to: https://ieeexplore.ieee.org/document/8358773 . The problem is one where there are multiple vehicles, from different manufacturers, that must communicate with each other in real ti
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by gibsons77 8y ago
Well.. It will change some aspects of our world. Particularly financial assets at first, but increasingly it will play a role in any peer to peer exchange requiring trust. Simple past examples are systems like OpenPGP that bind public keys
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by gibsons77 8y ago
http://allcoinsnews.com/2015/08/27/augur-raises-over-usd-4-m... Tl;dr is that 80% went to public, 16% to founders and 4% to foundation.
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by gibsons77 8y ago
No they do not. REP token holders get a "house take" in some contexts. Augur isn't a company, so a business model doesn't really make sense. Augur is a protocol, and the Forecast Foundation is a non-profit that supports
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by gibsons77 8y ago
As much as everyone likes to shit on crypto, this is exactly what public programmable blockchains will be used for.
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by gibsons77 8y ago
That's the only thing blockchains solve is the decentralization of trust. Oracles provide a bridge, and it is possible to make trusted decentralized oracles.