hn_acc_2

7 ms·

31.
by hn_acc_2 6y ago
I would say this is actually the norm... In most orgs the leadership is not highly technical and this is always a hard sell. The best you can hope for after a "hold the eff up" rewrite is for everything to keep working the same &q
32.
by hn_acc_2 6y ago
This article completely misses the forest for the trees. Of course someone can roll their own crypto, if they've a willingness to study and internalize the concepts, have a commitment to doing it right, and spend time doing things like
33.
by hn_acc_2 6y ago
A thread like this is not likely to help much. Think of it this way, how many of the people getting "stupid rich" do you think would credit their success to starting a thread asking other people how to get rich? Some valuable piec
34.
by hn_acc_2 6y ago
You're correct, and the market is always right after all. However I am confident based on previous events that BCH prices will trend strongly downward when news of the next successful 51% attack is released.
35.
by hn_acc_2 6y ago
Definitely. I don't really think this hypothetical attack would be possible, I only bring it up to demonstrate the effect that lowering the hash rate would have on the cost of disrupting the network.
36.
by hn_acc_2 6y ago
The value of your long-held coins will be almost nothing if the network is vulnerable to double spend. The potential losses are huge (especially for exchanges etc.) from double spend attacks, and the value of a cryptocurrency is very much d
37.
by hn_acc_2 6y ago
https://www.crypto51.app/coins/BTC.html You could pay $384k to hire miners to 51% attack BTC right now (that is, if NiceHash had the capacity). If you cut the hash rate that much the cost would be only $400 or so. Does
38.
by hn_acc_2 6y ago
Bitcoin Gold was hit by double spend multiple times, and that's just what I remember off the top of my head. However there are obviously diminishing returns for such an attack. The alt coin value drops drastically when users find out a
39.
by hn_acc_2 6y ago
I think you're missing the point. For Bitcoin to continue to act as a decentralized currency ledger (with "settlement assurance"), then the network hash rate must remain high. Nobody is arguing that the code couldn't run
40.
by hn_acc_2 6y ago
I definitely support making your own game engine if you enjoy it as a programmer. But it shouldn't be a surprise that it's not the best choice for the most developers. Every moment you're debugging and improving the engine is
41.
by hn_acc_2 6y ago
But this is the root of all these issues... Because everyone has a different perspective that underlies their "common sense," so this system of unspoken agreement just falls apart. When you throw in the incentives of compensation
42.
by hn_acc_2 7y ago
Actually, I think exceptions are the clearest way to represent errors of any kind (reconcilable or not). > A null value, a plain "error" object, or an error argument In my mind, this just adds a lot more mental overhead while a