kang

20 ms·

181.
by kang 10y ago
There are non-smartContract program that run on blockchain. That is not what a smart contract is.
182.
by kang 10y ago
It can be done with any blockchain; anything that is anonymously trade-able in public.
183.
by kang 10y ago
They are using blockchain for decentralized payment system and IPFS for decentralized file hosting but they have rejected the hashcash algo which is the basis of invention of blockchain, by not using PoW. They solve this by providing a paid
184.
by kang 10y ago
Firstly, I really want such project to exist and will start working on it next year if nothing successful exists by then. I am not advocating PoW for security (yes sure PoS & other federated schemes can do it) but for spam. Your solutio
185.
by kang 10y ago
A service like this already exists - zapchain.com (bitcoin instead of ether). I have earned billions of satoshi on it but well, it is failing. Because identity could not be solved with partial blockchain, same mistake Akasha is doing. An id
186.
by kang 10y ago
Blockchains allow transfer of value even between parties without contracts or deals or even trust, by exchange of a rare token. For eg Cars from different companies may negotiate among themselves using bitcoin, this was never possible ear
187.
Quantum Tunneling of Water in Beryl: A New State of the Water Molecule(ornl.gov)
2 points by kang 10y ago|0 comments
188.
by kang 10y ago
So minorities should not vote?
189.
by kang 10y ago
> What meaning do 1000 votes have Then why don't we ask the same in a democracy?
190.
by kang 10y ago
> If you have 128 bits, you an expand them into an infinite sequence of random numbers, securely, forever. How? And why 128 only?
191.
by kang 11y ago
Its frighteningly polluted! http://stuffin.space/
192.
by kang 11y ago
"up to" being the key word in the title. Don't pay enough fees and it'll take even days.
193.
by kang 11y ago
This is an article by a polarized person who was easy to polarize because https://news.ycombinator.com/item?id=11228638
194.
by kang 11y ago
Bitcoin has mining centralization problem due to following phenomena, bigger blocks increase it further & will kill bitcoin in long-term: 1. The median propagation time is comparable for various locations[0] & mostly a factor of blo
195.
by kang 11y ago
Yes, but since no chain is 'stable' or has solutions for these issues, a developer should spend time building apps on their own blockchains which takes just minutes to make.
196.
by kang 11y ago
Yes, what should be a conversation is now a dispute because of polarization tactics deployed. A lot of money has been spent because a lot of money is at stake. This often happens in a winner-takes-all scenario & that is the key differen
197.
by kang 11y ago
Unwelcoming to new devs is not true. Who wrote code & wasn't let in? Also, go to the bitcoin irc and try asking technical questions and observe how everyone is so willing to help new devs looking to get in.
198.
by kang 11y ago
It is easy to game reddit & make it appear so by using sock-puppet accounts which flood that forum these days. This is internet & sybil attack is unsolved. I don't know what you should do but reddit (or no other forum) represen
199.
by kang 11y ago
Please provide an example of person with loads of recent commits (past year or so) who wasn't allowed in.
200.
by kang 11y ago
Yes majority is not always right. Ethereum has no solutions for this 'drama' of decentralization & governance either.
201.
by kang 11y ago
> Core believes the space on the blockchain should be scarce The demand for a free replicated database is virtually infinite. Space on blockchain would not be abundant at any blocksize. > Miners presently have been given, a license to
202.
by kang 11y ago
Bitcoin does not achieve distributed consensus based on choices but distributed consensus based on randomness. Any miner can win a lottery & then everyone agrees on that state. However, this lottery is not totally random since probabili
203.
by kang 11y ago
Coinbase still doesn't solve that without compromising decentralization & privacy, no one does. The premise of centralization is achieving security by compromising liberty. When buying bitcoin you are achieving liberty but compromi
204.
by kang 11y ago
That is a misleading point by Brian here, miners are not the only stakeholders. Eg: Majority of miners may decide on something but the users reject it through their nodes & miners coins & hardware would be rendered valueless.
205.
by kang 11y ago
Coinbase centralizes bitcoin by removing it's intended purpose, peer-to-peer cash, altogether. Naive people who do not understand bitcoin, use services that take away ownership of coins, like coinbase, circle, etc. because they achieve
206.
by kang 11y ago
I comment on almost every blockchain related post I have something to add. I am not dismissive of blockchain technology but ethereum is not a technology but an implementation & I recognize its only benefit as ease of use. The security t
207.
by kang 11y ago
More energy would be used up by the ethereum network to verify this token rather than an individual hackspace miner, so it should be cheaper than buying ether. Another choice is PoS; one of the tutorials I listed is for a PoS coin. Yet anot
208.
by kang 11y ago
https://bitcoin.org/en/developer-reference#not-a-specificati... Case in point is the March 2013 bitcoin fork. Ethereum is not as battle tested yet.
209.
by kang 11y ago
Create an altcoin simply by forking many available coins, with ethereum you'd have to pay to be bounded to the system, which is a special use-case. Here are a couple of tutorials to make your own altcoin in a few minutes: https:/
210.
by kang 11y ago
lightning network or sidechains

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