homakov

18 ms·

151.
by homakov 9y ago
There are other incentives beyond most obvious ones. E.g. hijacked miner could attack to pump another currency (crypto/fiat) the miner holds. Incentives are out of equation when you speak of fault tolerance. Incentives are not calculat
152.
by homakov 9y ago
Incentives dont matter, any centralized entity has no incentive to do bad things about their system yet here we are.
153.
by homakov 9y ago
True dapps dont exist yet. Now they all rely on some authority or served as a website
154.
by homakov 9y ago
A website. Just a website.
155.
by homakov 9y ago
10 years after now, it is gonna change nothing. Cumbersome slowly developed standard.
156.
by homakov 9y ago
Something is blockchain powered when you use it as full node. Light node the very least. Dtube and steem are just websites you load in your browser. None of blockchain properties are inherited in this case.
157.
by homakov 9y ago
Who decided that "BUMP_SEQUENCE operation" should be implemented? Was there onchain governance or it was a authoritarian decision?
158.
by homakov 9y ago
A year ago I had $100 balance and my $50 payment to some cafe turned it into $150. They added money instead of deducting it. That was fixed soon but that's how I still feel about N26.
159.
by homakov 9y ago
I remember checking this issue. Parity has origin whitelisting to prevent exact. No idea why geth is so stupid.
160.
by homakov 9y ago
Strange. Ketamine alone is so insanely dark and boooring. When in combo with LSD it's a lot more enlightening. The researchers should try just that
161.
by homakov 9y ago
Can I run a full node on laptop right now?
162.
by homakov 9y ago
Not feeling pity for someone who raised hundreds times more than needed, yet failed to deliver ("16 Aug 2017 - Tezos network launches"). Not getting access to 500 millions (at today's market caps actually) is a reason they ca
163.
by homakov 9y ago
I had trouble getting started with React but Vue was a breeze. Better for newbies imo.
164.
by homakov 9y ago
Oh, I wish Chrome was the standard. Safari is such a crap browser with dev team unable to comprehend basic security models.
165.
by homakov 9y ago
Like every hashrate chart? https://medium.com/@homakov/stop-calling-bitcoin-decentraliz...
166.
by homakov 9y ago
On a side note: it's proven PoW is centralized and does not in fact secure the coin. Only guarantees work, not security. Just not being used to double spend yet.
167.
by homakov 9y ago
The problem is not just deflation but uncontrolled issuance. Ie miners produce too much or too little coins to keep them stable.
168.
by homakov 9y ago
Maybe because it's always on it works for you. I only open it once in a while, and leave frustrated.
169.
by homakov 9y ago
Special for you https://medium.com/@homakov/why-lightning-and-raiden-network...
170.
by homakov 9y ago
I know parity is better, I tried. But I prefer "official" stuff to at least be bailed out if i lose my coins :D
171.
by homakov 9y ago
How often do you sync? First of all, mist crashes way too often. Even when it works it takes hours to sync. DOes it work smoothly for you?
172.
by homakov 9y ago
> Mining is still decentralised Wait what, no.
173.
by homakov 9y ago
I'm not trolling: I have 50Mbit connection and specd out macbook - probably most powerful laptop you can expect from a user. This Mist/Wallet thing does. not. work. Maybe if i tweak or use light client it would, but as a user I do
174.
by homakov 9y ago
Their business model failed from day one. You only pay in bitcoin until you realize how much gain you lost, then you hold instead.
175.
by homakov 9y ago
Irrelevant, as it is not working on a powerful laptop anymore, which means it is not a real blockchain anymore.
176.
by homakov 9y ago
Not vaporware but vaporidea. They never solved incentive model to open channel so it is more like real software no one will touch.
177.
by homakov 9y ago
An no word about price volatility? Even if btc were scalable it is unusable for commerce. Pegging to fiat should be #1 goal of a new blockchain that wants to solve problem. All others arejust sophisticated gambling platforms.
178.
by homakov 9y ago
What are the steps and costs to do same? Who is accredited investors btw?
179.
by homakov 9y ago
It should _have_ existed, but the idea came around only about 2015? It's evolving slowly. But if it were "built-in" would be a lot better of course.
180.
by homakov 9y ago
Also good point - no matter how much you scale "onchain" you still end up with settlement periods, a few min at least. Impractical for offline payments.

More ›