iskander

22 ms·

181.
by iskander 5y ago
Hahaha, spoken like someone who hasn't lived in Florida. Miami-Dade is full of septic tank. I think the state has about ~3M of them total. No one thought about the coastal water table when installing them, and I honestly don't kno
182.
by iskander 5y ago
In Florida and much of the Gulf Coast though... Check out this map of population density: https://vividmaps.com/wp-content/uploads/2021/10/metropolita... All those dense spots in Florida and along the Gu
183.
by iskander 5y ago
>Water will leach inside homes, she said, through basement cracks. Toilets may become chronically backed up. Raw sewage may seep through manholes. Brackish water will corrode sewer and water pipes and inundate building foundations. And m
184.
by iskander 5y ago
I haven't read the article yet but one thing that makes more complicated in the US is the widespread use of septic tanks. The leach field will flood before the actual surface.
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by iskander 5y ago
At the same time, I think it's a lot to expect of people to wade through the feverish speculative bubble to make sense of what technology is interesting. I think it would be nice if some of this stuff started making its way out of curr
186.
by iskander 5y ago
I think the evolution of "decentralized" infrastructure will start to bring out a lot more overlap between "traditional" decentralization communities (building stuff like Beaker browser) and some of the useful bits of cr
187.
by iskander 5y ago
My experience with "Scala at scale" was extremely unsatisfactory and I found Databricks to give very unhelpful responses to basic performance problems arising from the intersection of Scala and Spark, bordering on gaslighting. Mem
188.
by iskander 5y ago
It depends on which chain you're using but somewhere between a few seconds (on Avalanche, Solana, and many other newer chains) and an hour (on Bitcoin, which is in my experience really not useful for anything).
189.
by iskander 5y ago
...or a wallet to wallet transfer of USDC...
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by iskander 5y ago
I'm in the US and it's a very messy and archaic system that involves paperwork, multiple human intermediaries and days to clear.
191.
by iskander 5y ago
Trying to pay in Bitcoin or any other non-stable crypto asset sounds like a nightmare. I think that people rightfully don't do this anymore but instead use stable coins like USDC ( https://www.circle.com/en/usdc ).
192.
by iskander 5y ago
Clarification for confused outsiders: crypto loans are over-collaterized using crypto assets. In case of non-payment, Aave won't come try to collect your house, instead they'll just keep some other crypto that you put up as collat
193.
by iskander 5y ago
I treat the underlying "currencies" (ETH, Avax, Sol, &c) as speculative assets and do actual payments and other financial transactions in USD pegged stable coins.
194.
by iskander 5y ago
Yep, it's hard/stressful for beginners but then you get used to it. I prefer it to any other method I've seen for large transfers.
195.
by iskander 5y ago
>I own several crypto-currencies and there hasn't been a single moment in which I thought of buying something with a crypto-currency. This is entirely personal and subjective, but I prefer the user experience of Aave and Yearn to tr
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by iskander 5y ago
>You can say this about anything that uses lots of electricity. Yes. You can. Let's actually generalize it to anything with an outsized carbon footprint (e.g. commuter flights, car dependent housing development, &c). We will alm
197.
by iskander 5y ago
This is a mix of climate denialism and Bitcoin religion. 1) A system that turns energy usage into $ will always gravitate towards the cheapest energy source (fossil fuels). Maybe we'll eventually figure out cold fusion, but for the nex
198.
by iskander 5y ago
Interesting, hadn't heard of it before. What gets slashed in PoA? Is there some kind of quantified reputation that you lose through misbehavior?
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by iskander 5y ago
>The digital blockchain, via proof-of-work, is thus connected to real-world natural resources. This, in essence, is why any further adoption of PoW chains is deeply incompatible with climate change mitigation. I'm happy to see crypt
200.
by iskander 5y ago
You still need to make decisions in a decentralized system, I don't really see what alternative you're imagining that's even more decentralized than "start a parallel chain if you dislike it, let people vote with their f
201.
by iskander 5y ago
The two are often juxtaposed in the coverage of crypto bans, I don't know if they're also juxtaposed in the political intentions.
202.
by iskander 5y ago
It's a joke about how universities have become administratively bloated and primarily function as a very expensive resort community for 18-22 year olds. To "compete" with each other, universities hire increase numbers of admi
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by iskander 5y ago
It would definitely have a lot more buy-in from banks if it were centrally sanctioned but I'm not sure if the functionality would be much different from a stablecoin on an efficient L2. I would personally rather have banks integrate wi
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by iskander 5y ago
Miners already put up a fuss over some of preparatory changes for PoS and definitely don't like having to give up mining. They're free to run a parallel Ethereum chain of their own (which has already happened, most prominently wit
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by iskander 5y ago
An interesting angle that seems overlooked in articles about India and China "banning" cryptocurrencies is that these efforts are often linked to a desire to create centralized digital currencies. e.g. from this article: "Ind
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by iskander 5y ago
If you follow the Ethereum core developers on Twitter you can track the progress. Current status is (1) people have locked ~$30-40B worth of Ethereum into the proof of stake chain, money which can't be retrieved until the merge (2) the
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by iskander 5y ago
The rest of your post is a very standard HN response to crypto, to the point where I'm not even sure if you wrote it or copied it. I just want to respond to this: >Proof-of-stake is basically a fantasy of how we'll solve PoW pr
208.
by iskander 5y ago
>Nobody uses Defi to "borrow". I mostly "use" crypto to keep USDC in DeFi sites like Aave for ~3-10% APY and some on Gemini for a FDIC insured 8% APY. This money primarily gets lent out for other people margin trading
209.
by iskander 5y ago
A "deflationary instrument" with an issuance of 6.25 BTC per block...
210.
by iskander 5y ago
Another cool startup idea would be a search engine for websites, where you type in keywords or phrases and the search engine returns relevant sites. I really hope someone implements this.

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