jaekwon

9 ms·

31.
by jaekwon 9y ago
Incorrect. Bitcoin isn't "backed by electricity". You can't turn Bitcoin back into energy. The energy is used to secure a distributed ledger to prevent double spend attacks on ongoing transactions, in a really ineffic
32.
by jaekwon 9y ago
Check out Tendermint and the Cosmos Network.
33.
Database Giant Oracle Wants Better Governance for Blockchains(coindesk.com)
2 points by jaekwon 9y ago|0 comments
34.
by jaekwon 10y ago
All in Bits, Inc; aka Tendermint; See http://tendermint.com/jobs and Cosmos the public blockchain network http://cosmos.network We're looking for: * Cryptocurrency researchers * Cryptographers * Golang prog
35.
by jaekwon 10y ago
That's nice, but in JS it's a necessary evil. Callback hell is not a desirable feature.
36.
by jaekwon 10y ago
Re dependencies: Glide takes our team 90% of the way, but is a bit glitchy (need to wipe ~/.glide sometimes) & lacks a command for `npm link` type functionality.
37.
by jaekwon 10y ago
Lmk if there is a better title possible.
38.
Better Tax Laws for Startups' Employee Options is being Legislated(gop.gov)
15 points by jaekwon 10y ago|3 comments
39.
by jaekwon 10y ago
We're not even using the right metric system, so our export abilities are crippled, right? I remember trying to find parts for my 3d printer in the US.
40.
by jaekwon 10y ago
Whats the benefit of HB over Tendermint? There's a good reason we don't use threshold signatures... to guarantee accountability. We could add threshold signatures on top of Tendermint, but for most use cases this isn't very
41.
by jaekwon 10y ago
We should plug Tendermint into Tezos as well.
42.
by jaekwon 10y ago
Kadena seems like a solid team, kudos for their work. Smart contracts require you to work in a completely new language and toolset. You don't need smart contracts to create a blockchain application, if you use the right libraries (e.g.
43.
by jaekwon 10y ago
We're also looking for technical writers, or people will skills that include technical writing. For all of our job listings, since we're a team this is a good opportunity to define good culture.
44.
by jaekwon 10y ago
Tendermint | Golang Developers | SFBA & REMOTE Like Bitcoin or Ethereum? Ping us if you want to create open-source blockchain infrastructure. Computer science & open-source background preferred. Willingness to learn BFT algorithms r
45.
by jaekwon 10y ago
I'm curious why people are downvoting this.
46.
by jaekwon 10y ago
Awesome. One question... why STM/ARM? I'm not an expert in the available choices, but I'm generally curious about RiskV devices because they're fully open. Are the designs of this chip at least available, and audit-ab
47.
by jaekwon 10y ago
Yeah you're right, it gets weird with close calls. pro A: 51% pro B: 49% If B miners move to attack A, it means B will be successfully double-spent sooner. I'm not sure how best to coordinate the attack vs defense, but pretty sur
48.
by jaekwon 10y ago
They're both true. A minority-miner pow-chain quickly loses credibility. If say a 67% coalition of miners say that a hard-fork will not happen, then the 33% coalition of miners are in a bind, even if the exchanges choose to support the
49.
by jaekwon 10y ago
See my other response.
50.
by jaekwon 10y ago
51% can, but 49% can't, because the 51% can attack the 49% easily, using the 49% rules, on the 49% chain. So 49% of miners can't force a protocol change, unless the community (majority economy) can also agree on which PoW algo (wi
51.
by jaekwon 10y ago
Well, if you don't find a new mining algo that requires investment in new hardware, a blockchain with a minority of mining power behind it is vulnerable to the major chain. So nobody will use it, unless they didn't know what they
52.
by jaekwon 10y ago
The creators creating massive wealth for themselves does not imply that the thing was necessarily a ponzi scheme that destroyed wealth. For example, the price of Bitcoin may never go down. See Moldbug's definition of money, as being
53.
by jaekwon 10y ago
Sometimes having skin in the game can help one learn. But one must never forget to learn, must develop a risk mitigation strategy that allows one to continue saving.
54.
by jaekwon 10y ago
In PoW, ultimately the miners have the say. It's just that they're incentivized to do what the "economic majority" has to say, otherwise the economic majority can choose to hard-fork the mining algo (requiring a change
55.
by jaekwon 10y ago
This is great, looking forward to a comparison between this and https://github.com/tendermint/go-p2p , maybe we'll manage to merge them or choose one or the other.
56.
by jaekwon 10y ago
If you'd like to venture into Byzantine fault tolerant consensus, check out Tendermint. draft thesis from Ethan Buchman: https://github.com/ebuchman/thesis/blob/master/Buchman_Ethan... https:/
57.
by jaekwon 10y ago
How does this relate to the spinning black/white thing?
58.
by jaekwon 10y ago
There's a real Pirate Party moment happening in Iceland now. And judging by the tone here, the time seems right for a change. https://twitter.com/Kopimism/status/721150098453897216
59.
by jaekwon 10y ago
You're trusting Intel, essentially. It would be interesting to see Intel open their SGX platform so as for it to be configurable, and use it to attest Tendermint nodes. Accountable BFT consensus benefit from hardware attestation.
60.
by jaekwon 10y ago
Tendermint. It has different security characteristics, but the nice thing is, it doesn't rely on extrinsic factors for security. It's not just BFT, it's actually antifragile.

More ›