lui8906

9 ms·

31.
by lui8906 5y ago
I hold a decent chunk of change in stable coins most of which I lend out to earn interest. Sometimes I top up a VISA card with those stables and then buy groceries. You might reply "you're just using a proxy of USD the original cu
32.
by lui8906 5y ago
I have found these two to be useful: > https://github.com/lsmod/proof-of-history-explained > https://www.shinobi-systems.com/primer.html > https://www.youtube.com/watch?v=rKGhb
33.
by lui8906 5y ago
> 1000 validators is very centralized. All you have to do is bribe 2/3rds of them control the chain. The network can be halted when 1/3rd of the nodes collude. To my knowledge this allows you to halt the network but not reorg b
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by lui8906 5y ago
> Solana’s consensus protocol isn’t responsible for its performance, it’s the fact that they mandate higher performing machine SKUs and at least 500Mbs (recommending 1Gbs) internet speeds. While it's true that Solana nodes have high
35.
by lui8906 5y ago
> What's the point of a distribute ledger that can only be used within a game controlled by a centralized company? The game is made by a centralized company. The items and economy in the game are on chain. Gamers can sell their item
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by lui8906 5y ago
And Zcash is not private by default (though can be shielded). Monero is private by default and is also available on Kraken and others.
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by lui8906 5y ago
I can settle up to about 500k USD in stable coins on Solana for a fraction of a cent with minimal slippage on Orca.so or Saber.so. The best price my friends could get sending fiat from country a to country b recently was 10 euros (with Wise
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by lui8906 5y ago
* "This will decentralize ownership of a currency." Nope, it will move from having government control to having oligarchic control. -> While not perfect, look at something like DAI. You can buy MKR and then be involved in the p
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by lui8906 5y ago
Hashpower was concentrated in China. It takes time for the miners to relocate and setup shop, I'd be surprised if the hash power is permanently reduced. I don't think anyone reasonable is claiming that BTC is completely safe again
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by lui8906 5y ago
It's a common joke ("this is good for bitcoin"). But in this case I would say it is actually good. I would correct your statement: 1. Greater hash power makes the system more secure from attack 2. A large amount of hash power
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by lui8906 5y ago
If your end goal is to get to cash it's quite difficult without doxxing yourself. For eg. imagine you do a ransomware hack, you have a BTC address with the BTC on it. Law enforcement as well as the company hacked both know the address.
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by lui8906 5y ago
When will this myth die. Do you have any evidence of this? See below a report from a firm whose task is to find bad behavior on the blockchain. Key points: - 0.34% of tx in 2020 were illicit - Of that 0.34% it is almost all scams and darkne
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by lui8906 5y ago
Is it a smaller problem? It is fairly trivially traced on a transparent blockchain whereas cash is not.
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by lui8906 5y ago
Living in Germany here. Many traditional banks charge a monthly fee of 10 euros for maintaining the bank account. Additionally, my parents wanted to send me some money from another country and the cheapest fee they could find was $10.5 (Wis
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by lui8906 6y ago
Things have changed since your study. Chainalysis released a report in February (they are a company who specialise in tracking illegal transactions). The TLDR is that illegal transactions make up 0.4% of BTC transactions these days. > h
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by lui8906 6y ago
> Crypto's volatility deters me from using it, simply put. There is stable coins which have held a consistent peg against the US dollar for a couple of years now. You get all the benefit of high APY yield (relative to a bank account
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by lui8906 6y ago
You could use DDG and then add "!g" at the beginning for your programming queries.
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by lui8906 6y ago
> Bitcoin mining uses a mind-boggling amount of power, and we don't get anything useful for all those emissions. I see this take quite regularly and it seems a normal response to clickbaity headlines like "BTC has same power us
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by lui8906 6y ago
I signed up and then got a bit confused when I had to create a hub. Might be a good idea to have an example image or video on the right side of the form to illustrate what it is and how it's going to look after I create it.
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In Praise of the iPadOS 13.4 Cursor(sixcolors.com)
2 points by lui8906 7y ago|0 comments
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Impact of interventions to reduce Covid-19 mortality and healthcare demand(imperial.ac.uk)
4 points by lui8906 7y ago|1 comments
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by lui8906 7y ago
I'm no expert, my recently minted blog has one post (book review). I came to the conclusion writing is more of an exercise for myself than a venture to produce content for others. Maybe you should first think about why you feel the nee
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Ask HN: Is there any communities around product management you can recommend?
2 points by lui8906 7y ago|0 comments
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by lui8906 7y ago
The jokes and memes make most reddit subs almost completely useless for real discussion. Even on tragic news events and serious topics jokes tend to float to the top.
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ImageNet Roulette, digital art project, exposes biases in AI tech(nytimes.com)
2 points by lui8906 7y ago|0 comments
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by lui8906 7y ago
"The carbon footprint of the latest Impossible Burger recipe is 89% smaller than a burger made from real beef, according to a science-based life cycle assessment released by the company this week." https://www.fooddive.
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by lui8906 8y ago
A general rule of thumb I've heard many times is: 'Skiing is easy to learn but hard to master, Snowboarding is hard to learn but easier to master'. You're likely to fall over more learning to snowboard but will become co
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by lui8906 8y ago
Would love intel on Bucharest. I visited last year and was positively overwhelmed with how friendly the people were and how cool the cafes and restaurants were. How is the tech scene and daily life there?
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by lui8906 8y ago
Yes sure, my mistake I should have included it in the original post. Here it is: https://news.ycombinator.com/item?id=17729579
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Ask HN: Cities underserved by tech jobs? (Europe Edition)
10 points by lui8906 8y ago|14 comments

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