keymone

79 ms·

841.
by keymone 8y ago
yes but miners(nodes) will only happily accept valid chain. so no spending of coins you don't own.
842.
by keymone 8y ago
i guess you need to define what "good" means in this context
843.
by keymone 8y ago
so is market cap
844.
by keymone 8y ago
> Blockchain is absolutely riggable, that’s what a famed “51% attack” that sounds a bit FUD-dy. 51% allows you to make a double-spend, not "absolutely rig" the blockchain. even with 100% hashrate you won't be able to spend
845.
by keymone 8y ago
low volume means price can be relatively easily manipulated.
846.
by keymone 8y ago
rigged market is one argument. another is that price discovery is still in process, it's still a relatively new commodity, there's as much reason for it to go up as there is to go down. bull run of 2017 was no different from one i
847.
by keymone 8y ago
he's just in it for the long run and will probably have the last laugh. 2017 was probably not the last major bull run in cryptos.
848.
by keymone 8y ago
LA to Area 51 is 25m flight and their boarding procedures are probably quite a bit more efficient compared to normal passenger flights. doesn't look too bad compared to other people's commute in LA, i imagine.
849.
by keymone 8y ago
Erlang was the entry into functional paradigm that clicked with me. Thank you Joe, for that and much more. RIP
850.
by keymone 8y ago
> if everything is currently fine on price and performance have you checked what internet costs in other countries?
851.
by keymone 8y ago
> both are semantically just sequences of values for which order matters you've just described strings, shall we get rid of them too? :) i find it weird that you would complain about presence of some feature which in no way interfer
852.
by keymone 8y ago
Vectors and lists are very different data structures with different performance characteristics.
853.
by keymone 8y ago
i will never stop shilling for EDN: https://github.com/edn-format/edn it has no comma issues (commas are whitespace), it has comments, it's very structured, it got better set of primitive types and literals for th
854.
by keymone 8y ago
EDIT: moved this comment to the root of the discussion https://news.ycombinator.com/item?id=19655249
855.
by keymone 8y ago
> Accusing those who disagree with you but you don't just disagree, you make convoluted invalid arguments. there is no logical fallacy in > if maintaining fiat value requires spending resources then not having to maintain fiat va
856.
by keymone 8y ago
you won't find "monetary value expressed as pure energy" anywhere but in comments by Nursie. why would lie about such trivially verifiable thing?
857.
by keymone 8y ago
> The intellectually dishonest part is trying to shove as many extra costs onto the fiat currency side of the equation without counting them for cryptocurrency let's meet in the middle then? i don't shove as much as possible bu
858.
by keymone 8y ago
> Let “has fiat currency” be A, and “has a large army” be B. You’re asserting “If A then B; therefore if not A then not B”. those are incorrect presumptions and therefore incorrect conclusion. A is "has fiat currency", B is &q
859.
by keymone 8y ago
fiat's value is, at least partially, backed by an army that can defend/assert it. not having fiat eliminates the need for as much army.
860.
by keymone 8y ago
I love how you didn't even notice that quote was doctored, which is my point entirely.
861.
by keymone 8y ago
i never said nor implied "no fiat, less war".
862.
by keymone 8y ago
ok, feel free to only include partial cost. how does that change my point?
863.
by keymone 8y ago
> It's up to them which transactions to include in a block. and "them" is not a single entity or even small number of entities. miners compete for block rewards and every transaction with a fee contributes to the profit -
864.
by keymone 8y ago
why obsolete? i never said that. bitcoin will just decouple money security from state security. which is why when you compare energy consumption, you need to include at least some chunk of resources dedicated to army, defence, etc.
865.
by keymone 8y ago
> there are middlemen and your slaims are ridiculous fantasy this is an assertion from your previous message. > Miners are the middlemen this is an elaboration for your assertion, that was missing from your previous message. you don&
866.
by keymone 8y ago
you missed a word there it seems? Edit: seems like you've edited your message. next time try to be more polite and mark your edits. i'm not saying efficiency doesn't matter, i'm saying primary goals of bitcoin are differ
867.
by keymone 8y ago
third parties only observe what's published in a blockchain. they can choose to disagree with blockchain. when all/majority third parties disagree with blockchain - it becomes irrelevant and worthless while some other branch of th
868.
by keymone 8y ago
i provided an elaboration: it's the first time in history we've been able to express and implement monetary value and security thereof in terms of pure energy without any middlemen. you're welcome to provide actual refutation
869.
by keymone 8y ago
do these calculations take into account energy equivalent of running all the armies in the world, funding their wars and conflicts? because entire banking system exists on a premise that there is an army behind every fiat currency, so it&#x
870.
by keymone 8y ago
as you don't provide any elaboration to your claims i'll just disregard them as ungrounded and/or irrelevant. try again.

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