hiq

29 ms·

421.
by hiq 4y ago
That's a good argument for living in a small place rather than a house as big as you can possibly afford.
422.
by hiq 4y ago
I couldn't download .exe files at some $CORPORATION. They had to be whitelisted or something, and the download just wouldn't work otherwise. But once you had the .exe you could run it just fine. You just had to ping some IT person
423.
by hiq 4y ago
So from the large Tether holder's perspective, it's like a big deposit with USD interests and a very long time horizon, with the caveat that they'll get their principal back in USDT (with a rate 1:1) (eventually) instead of U
424.
by hiq 4y ago
> If USDT dies then BTC goes to like $500 on Binance. Do you just mean that confidence will be so low that people will try to shun cryptocurrencies and dump their positions, or are you talking about another mechanism?
425.
by hiq 4y ago
It would be more relevant to compare to bank runs. How many banks got only 90% of their deposits withdrawn and managed to go through this?
426.
by hiq 4y ago
This is most likely very team-/location-dependent.
427.
by hiq 4y ago
See this very good comment about Solidity, the main language used to write software on Ethereum: https://news.ycombinator.com/item?id=14691212 More to your point, you can always have more logging, slow things down to make t
428.
by hiq 4y ago
> USDC (coinbase) is properly and regularly audited I've only found attestations just like USDT, where did you see an audit?
429.
by hiq 4y ago
CtCI has been first published in 2008, meaning that such interviews had already been widespread for a few years by then. Since then, websites like Leetcode have apparently become viable as businesses. As a career choice, I find it unwise to
430.
by hiq 4y ago
> Leetcode isn’t a good measure and will be phased out in coming years as this is realized. Given how long it's been around and the lack of credible alternatives for hiring at scale, I'm having doubts.
431.
by hiq 4y ago
> it's the sense that you'll need at least 1-2 months of studying to get every subsequent job I think it doesn't have to be this way if you focus on the fundamentals when you prepare, as it's easier to refresh a reaso
432.
by hiq 4y ago
> verified users can redeem USDT for USD 1:1 at https://tether.to This has been debunked for a while already, nobody believes that anymore.
433.
by hiq 4y ago
On https://coinmarketcap.com/currencies/tether/historical-data/ you can see that all the highs for the past 7 days have been strictly under $1, has this ever happened before?
434.
by hiq 4y ago
> None of the big players has an interest in seeing USDT collapse and will step in to bail it out at the first signs of trouble. As an exchange, if you keep some reserves in USDT and you think it might collapse soon, you might have an in
435.
by hiq 4y ago
There is still no audit, only attestations.
436.
by hiq 4y ago
Can somebody explain why the NYAG required that they publish quarterly attestations given how little reliable information they actually provide? What was the point?
437.
The Doomsday Economics of 'Proof-of-Work' in Cryptocurrencies(nakedcapitalism.com)
6 points by hiq 4y ago|1 comments
438.
by hiq 4y ago
> world governments would rightly shut it all down before the majority of our electric output went to mining BTC They can regulate it otherwise, e.g. demand that miners use their own source of green electricity, and make other type of mi
439.
by hiq 4y ago
> They probably mean this: https://www.fsf.org/news/fsf-adds-pureos-to-list-of-endorsed .... There are already many FSF-approved Linux distributions which you can install on most laptops, many of which existed before
440.
by hiq 4y ago
It's unclear how you get all these properties "just" by using a blockchain, but there are already other threads pointing that out here.
441.
by hiq 4y ago
> Yes, I can never remember that. Create aliases?
442.
by hiq 4y ago
Have you tried https://github.com/BurntSushi/xsv ?
443.
by hiq 4y ago
1. that's unlikely you're allowed to trade VT at all in this case. 2. the real hurdle is regulations rather than anything technical. 3. again, you don't need a technical solution, you need a legal one. 4. and this will be mor
444.
by hiq 4y ago
> implemented as a blockchain Why?
445.
by hiq 4y ago
Again, whatever technical advantage Tezos might have in terms of efficiency, nothing prevents Namecheap from using a database instead of a blockchain and reaching higher efficiency. You're assuming that the fees you pay Namecheap are r
446.
by hiq 4y ago
> Trading it on a blockchain eliminates only the counterparty risk from the person you trade with I think we agree here. The question then is: how useful is this really? For example, assume I have some USD that I want to trade for VT, an
447.
by hiq 4y ago
> so far the primary response have been “you don’t need to do that since you can trust [centralized company].” It's more like: you can try, but current blockchain-based systems don't succeed at this, because you do end up trust
448.
by hiq 4y ago
Let me rephrase: you don't need a public permissionless blockchain to have an append-only ledger that allow you to audit transactions. If you're not using a public permissionless blockchain, then there's nothing new that hasn
449.
by hiq 4y ago
The examples you mentioned are not purely digital since they rely heavily on the legal system. You don't consider tokens abstracted from the whole physical world. I meant that nothing is fully embedded within a blockchain (maybe physic
450.
by hiq 4y ago
> transactions execute correctly by default That's not what you get, because in practice you want some physical good for your BTC and a blockchain cannot enforce that you do get it, it can only enforce that the BTC are transferred f

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