lappa

16 ms·

121.
by lappa 12y ago
>Ah I see, you consider the current PoS systems that rely on getting the initial state for a new client from some trusted source to be "centralized". No, that component is just broken. If anyone trusted is a bad actor and gives
122.
by lappa 12y ago
>The paper you referenced from early 2014 isn't really considered very relevant anymore It is relevant and discusses fundamental problems with PoS, it is a very strongly reasoned paper and there hasn't been anything reasonable
123.
by lappa 12y ago
>The concerning part of Vitalik's posts is that right now they build unproven ideas on top of other unproven ideas Not only are they unproven, but there are mounds of evidence that it isn't possible. >it seems kind of unfair
124.
by lappa 12y ago
Vitaliks games aren't amusing. A blockchain has fundamental limitations that prevent PoS from working, namely it must be costly to make a fork[1]. Complexity is the enemy of security. Bitcoin solved the consensus problem with it's
125.
by lappa 12y ago
You're right, I was curious whether it was just me you played the insane game of "pretend what they said is fallacious then when they explain why they're wrong call them an astroturfer".
126.
by lappa 12y ago
It's not worth it reasoning with this guy. I had a very similar situation with this guy. I asked him "are you claiming X", which he said was a strawman, then refused to explain what he was claiming and called me a sockpuppet.
127.
by lappa 12y ago
Are you aware that there are a myriad of clients available?
128.
by lappa 12y ago
>Actually non of the money goes towards protein folding, its the power of the folders that does. All of the FLDC (money) goes directly to those that fold. What else could you possible think I meant when I said the money goes towards prot
129.
by lappa 12y ago
You didn't really address why you think the miners are there for a reason, you just asserted it. Realistically, what you have done here is made a centralized currency in which you issue new coins for yourself then we trust you donate t
130.
by lappa 12y ago
Your lack of an IPO doesn't imply pump and dump. Making an altcoin that is deceptive and speculative. "Mine Medicine, Not Hashes" implies that this is somehow useful for medicine. It really is just a pump and dump where a por
131.
by lappa 12y ago
And the method for getting there is scamming people with a pump and dump coin (that will almost certainly not accomplish what I mentioned).
132.
by lappa 12y ago
Mentioned this in my first post. Basically the currency is a speculative asset that doesn't do anything for DNA folding since the amount you lose from monetary supply increase is could just be donated through bitcoin to DNA folding.
133.
by lappa 12y ago
Being difficult to compute and easy to verify doesn't meet the full criteria for being a secure hashing function.
134.
by lappa 12y ago
>As you mentioned, this is a good thing. And as far as the effects on the currency go, this doesn't seem any different from Bitcoin miners moving from CPUs to GPUs to ASICs. The optimization "problem" is a problem because
135.
by lappa 12y ago
The reason SHA256 was chosen is that it is a hash function. Hash functions are meant to be easy to calculate but difficult or near impossible to reverse and near impossible to optimize. MD2 was designed by cryptographers and has tons of res
136.
by lappa 12y ago
Questions aren't assertions, and one of the requirements for straw man is asserting you hold a position. I'm done with this discussion at this point. I don't think you really have a concrete claim regarding the topic and you
137.
by lappa 12y ago
There is no strawman because I was asking a question about your position, not asserting that you held a certain position. Please , if your position isn't what I asked, state what it is.
138.
by lappa 12y ago
What about that is straw man? I don't think you have a full understanding of the fallacy. The wikipedia definition is "A straw man is a common type of argument and is an informal fallacy based on the misrepresentation of an oppone
139.
by lappa 12y ago
Lemme know what part of my statement was a strawman.
140.
by lappa 12y ago
The way Coinbase words it, they may be only insuring 3% of your funds. The online wallet is insured[1], but there may only be 3% online[2] meaning a malicious employee or just a mistake leading to their cold wallet being lost probably isn&#
141.
by lappa 12y ago
Are you proposing that one should do any drug without skepticism after reading a wired article about it?
142.
by lappa 12y ago
Is there a shortage of cruise ships? Perhaps cruise ships require many man hours and not-abundant resources to make. Perhaps software engineers require many man hours to make and intelligent people with a passion for computer science is a s
143.
by lappa 12y ago
There isn't a STEM shortage, STEMs are just expensive. If you don't have enough STEMs you can steal them from another company by paying more. If your company cannot afford the labor it will die, STEM or not.
144.
by lappa 12y ago
s/invest/sense/
145.
by lappa 12y ago
This scamcoin is uninteresting. Bitcoin has come up with the smallest sha2 hashes (which is also pretty uninteresting). The hope behind Riecoin is that some breakthrough may come about for finding prime sextuplets. The hope for Bitcoin is t
146.
by lappa 12y ago
I would hope Mozilla's ethics prevent them from promoting scams by accepting Dogecoin.
147.
by lappa 12y ago
Thanks for the correction. Anyways, at least tripling foreign aid (maybe multiplying it by 10-100) is something that would be controversial.
148.
by lappa 12y ago
$48million is a few cents per person. The US private R&D spending is over $100billion. Spending $3000 per person on what would be mostly foreign aid (7bn vs 300mn people) would be controversial.
149.
by lappa 12y ago
Micropayment channels don't offer the flexibility of plain micropayments. Sure I can get $0.0001 from you a certain number of times, but I have to wait until I have a certain amount paid for it to worth it for me to make a transaction.
150.
by lappa 12y ago
How do you propose having all of humanity fund it? A country could pay for it with their tax dollars, but then it is only a subset of the world having their paycheck decreased in order to help the entirety of humanity. You need a certain am

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