kang

11 ms·

91.
by kang 8y ago
Blockchains don't work for digital assets either because there is no way to 'give' anything digital i.e., ensuring sender no longer has a digital copy
92.
by kang 8y ago
Memoization is borrowing time from the past, not bypassing/compressing it.
93.
by kang 8y ago
This is one possible route - whichever topic or doubt you end up searching the internet for, make a small post about the solution. As you grow over time, start being more comprehensive about the solutions, and try to list information on the
94.
by kang 8y ago
The word dharma means one's duty according to their place in their cosmic order. Assigning it to sacred teachings of anyone is not correct. There is a word _dhammam_ in pali lang that is from around the area buddha lived, which has di
95.
by kang 8y ago
One can always invent blockchain buzzwords like "Dark Gravity Wave" but even copying code requires understanding of algorithms.
96.
by kang 8y ago
This statement is against the spirit of HN. Although I agree that none of other pow coins currently have as robust code, but making an absolute statement like that is not rational. You are saying every merge in the core code protocol is tru
97.
by kang 8y ago
To think bitcoin is a database is laughable.
98.
by kang 8y ago
"solid track record" Can you name one thing he built/invented that does anything? Beyond collecting bitcoin.
99.
by kang 8y ago
FREE method! - add @otsproofbot to your messages - the bot will reply with a message with text and embedded proof. - superior tech than OP
100.
by kang 8y ago
This comment is just wishful thinking and stems from a false fact. There are HNers who were using "blockchain" even before Vitalik knew about bitcoin. There is no innovation happening. Distributed is not decentralized. Ethereum&#x
101.
by kang 8y ago
Haha, “Vitalik’s project immediately before Ethereum is that he was collecting investments from people to fund building a computer program to solve NP-complete problems in polynomial time, supposedly by simulating a quantum computer."
102.
by kang 8y ago
Few years ago there were sites like cull.tv and mox.tv that were really amazing interfaces for youtube. Its sad that now doesn't even exist a demo somewhere(?)
103.
by kang 9y ago
bitcoin
104.
by kang 9y ago
"Permissioned" ledgers have existed and failed many times before the invention of bitcoin. This is not decentralized. None of the BFT protocols are.
105.
by kang 9y ago
Indian governance is a mess right now. A govt sending a message like this while collecting tax in parallel from the same system is a contradiction to me. To start with RBI needs to sit with IT dept. And please include some CS professors.
106.
by kang 9y ago
The entire universe is having measurable("infinite" but countable) gravitational effect. You need to prove that "cumulative" effect is negligible.
107.
by kang 9y ago
Stellar doesn't work. Disturbed by energy consumption, their solution is to divide(shard) the blockchain graph. Does that result in a consensus though? Not in their own prior version. Will the topology they are claiming emerge? There i
108.
by kang 9y ago
The least we can say is satoshi's whitepaper lists eliminating financial intermediaries as the prime motive, in the first paragraph itself.
109.
by kang 9y ago
Hello, congratulations on exposure. I would like to express a concern. Being a cryptocurrency user is all about NOT paying taxes. As more people understand the systems of cryptoanarchy, more will the gateway business models fade-away(basica
110.
by kang 9y ago
As you mentioned, since money trickling out cannot be prevented after this invention, a better bet for India and China is to incubate home projects that can attract foreign money and hope it is more than spending. People who spend more than
111.
by kang 9y ago
One may adjust the 'centralised' in "decentralised" to include anything. In reality it is just BTC.
112.
by kang 9y ago
Governments worry that those 'Swiss Bank Accounts' aren't exclusive anymore.
113.
by kang 9y ago
Vancouver is same in regards to the service but strangely the position-tracking of a bus is more accurate on mobile google maps than the official 'transit' app, although the former says the source of data is latter.
114.
by kang 9y ago
> a ledger is just an indelible, append-only log of transactions that take place between various parties. Readers should decide either the above statement is true and ethereum is not a blockchain by that definition[0] or blockchain is ju
115.
by kang 9y ago
The 'underwriter' in dharma protocol is essentially current day middleman. You contradicted yourself by saying "trustlessly" in point 1 and then admitting to point 3. Point 2 is unenforceable without current legal system
116.
by kang 9y ago
Both the points and your third point about a centralized system being able to decentralize itself - I am saying all of them are impossible (given current knowledge - unless you have secret protocols...).
117.
by kang 9y ago
I have looking deeply into lending smart contract protocols - dharma, ethlend, salt, paypie, etc. My biggest complaint is all of them are so-called 'blockchain' products but not only can they be done better without blockchain, but
118.
by kang 9y ago
This looks like the start of slockit conversation proposing a DAO
119.
by kang 9y ago
> The most natural follow-up to currencies on a blockchain are assets Natural for marketing-team maybe but not for developers. They only seem natural because they both look like 'value' transfer. But there is a huge difference.
120.
by kang 9y ago
> Blockchains are pretty much just an append-only log By this definition, ethereum is not a blockchain[0] > they were the first decentralized answer to the double-spend problem Physical reality is decentralised answer to double-spend

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