kang

25 ms·

301.
by kang 11y ago
These homes have been built in areas with large population and there are severe slum locations nearby. The corruption is huge on these lands. In some areas even national park and bird sanctuaries have been illegally constructed upon and the
302.
by kang 11y ago
Since BTC is divisible to any limits and any amount of it could be controlling any amount of smart property. Colored coins, Open Assets etc are all just fancy names. What we are basically doing is declaring that a bitcoin address X is now a
303.
Lissajous – A tool for programmatic audio performance in the browser(github.com)
14 points by kang 11y ago|2 comments
304.
by kang 11y ago
People really do not understand blockchain. Since each member gets regular basic income and are verified with KYC (to prevent fake identities) this is just how money is handled among friends. Alice owes Bob a dollar and Bob owes Carol a dol
305.
by kang 11y ago
First, make your living through the Internet from anywhere. Then, use the Internet to decide where to live. -balaji s
306.
by kang 11y ago
Here is how a website can implement git in a decentralised blockchain-like consensus. Launch Gitcoin.com. The company's shares are called gitcoins which is a premined cryptocurrency by gitcoin.com. The aim of the company is to balance
307.
by kang 12y ago
http://coinmarketcap.com/
308.
by kang 12y ago
You are correct. You are free to trust this entity that is doing this service for you. Or not. Hell you could even be that entity!
309.
by kang 12y ago
yet.
310.
by kang 12y ago
For beginners, this video serious by Jekor is highly recommended : https://www.youtube.com/playlist?list=PLxj9UAX4Em-IiOfvF2Qs7...
311.
by kang 12y ago
Only because you are lucky enough to see this so early. And I don't care if bitcoin dies but what I meant there was the market cap of cryptocurrencies; that will rise beyond many Madoffs because even the Madoffs would use it.
312.
by kang 12y ago
Yes you are right. And that is not of importance to me. I don't even care if bitcoin dies. Lets talk blockchain.
313.
by kang 12y ago
http://www.reddit.com/r/newretrowave/
314.
by kang 12y ago
He said it unreliable for financial transactions as demo'd by the fork. I said I agree but it is worth something even today as evident by the money people store in bitcoin already.
315.
by kang 12y ago
"It is impossible to independently implement Bitcoin..at reliability levels sufficient for financial applications" This is the real challenge to us crypto believers. Its hard but definitely not impossible(as demonstrated by the wo
316.
by kang 12y ago
Exactly the opposite. Once you have a government you don't have the 'right to recall' and that govt sets the rate of inflation for the period it is in power. If you are against it, in a true democracy you'd influence peo
317.
by kang 12y ago
Lets say this indeed was cataclysmic. But can you imagine a possibility of building a system where the db that each person holds is not berkeley db or whatever but just plaintext and then writing your own functions to traverse the same. I&#
318.
by kang 12y ago
So what? A penny can buy you a house now. And there is new form of micropennies that are worth millionth of a penny which you'd use to buy groceries.
319.
by kang 12y ago
Please care to explain the tone. Is the word fuck banned on here? I wrote 'fuck bitcoin, blockchain is the thing' where I got just a little passionate and really meant 'forget bitcoin and see blockchain'. Even then, my c
320.
by kang 12y ago
All the thousands of cryptocurrencies are different blockchain artifacts and blockchain cannot exist without issuing a 'currency' the way that TCP/IP cannot exist without issuing 'message' to and fro. It feels as if
321.
by kang 12y ago
No. You got me wrong here. I totally agree that an end user has no value either way, but if the user chooses the centralized way, it gives someone the license to print money, wherein lies the problem.
322.
by kang 12y ago
That is what I have trying to explain. Mining and proof-of-work are not just strategies but necessary requirement. Blockchain is not just ledger. I'll try to explain. The banks have a ledger of all the notes in circulation maintaining
323.
by kang 12y ago
Replaced 'fuck' with 'forget'. It was never used in any negative sense.
324.
by kang 12y ago
"..they are pretty happy with a centralized system" And the centralised system is happy printing money calling inflation a necessary evil. If you understand blockchain and the current financial system you will realize then inflati
325.
by kang 12y ago
Downvotes coz I call out patio11? explanation please?
326.
by kang 12y ago
Patio11 goes on a tweet storm here where he is wrong so many times. >"..Most advantages of Bitcoin which matter are captured by, and improved upon by, a LAMP app which simply holds account balances." The blockchain is a ledger
327.
by kang 12y ago
People might have not known that there is no money left, nevertheless no one trusted the foundation. The people in the crypto community here in India have always been criticising centralisation of power by forming a foundation. There are at
328.
by kang 12y ago
> Indeed. The implication that everyone could be 'farting around' and still have an internet-using, nuclear-war-avoiding, space-traveling society is inaccurate. Quite the opposite I think. Our machines can 'already' w
329.
by kang 12y ago
I'll ask you a simple question - Do you have to work to eat and have a shelter? Well technologically we are advanced enough to feed 10 billion people and provide free shelter to everyone on earth. The amount India's prime minister
330.
by kang 12y ago
.. and not on windows. Those installations are not so simple on windows.

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