mhluongo

16 ms·

151.
by mhluongo 4y ago
New seed phrases are typically 12-24 randomly generated words, not user provided... and when you need to "change a password" in a crypto wallet, you can generate a new private key and move funds. Check out BIP-39 [0] for more deta
152.
by mhluongo 4y ago
Elliptic curves provide more long-term security.
153.
by mhluongo 4y ago
Ah, true, apologies for the lazy early-morning comment. Editing.
154.
by mhluongo 4y ago
If a stablecoin allows redemptions, and it isn't completely backed, everyone trying to redeem at once can lead to a bank run and spiral as no one wants to be the last holder. The hope, of course, is that it is completely backed. It&#x2
155.
by mhluongo 4y ago
Do regular people not live in apartment buildings?
156.
by mhluongo 4y ago
> 1 ZERC = 1$ = 1£ = 1€ = 1 BTC lol
157.
by mhluongo 4y ago
Eh, Curve pools and other invariant-based AMMs have some interesting properties outside traditional finance, bank runs, etc. I'd read up on the Uniswap constant product invariant (xy=k) and consider reading the Uniswap v2 code (it&#x27
158.
by mhluongo 4y ago
PLONK and friends are interesting cryptography. What makes you call this bullshit, exactly?
159.
by mhluongo 4y ago
Thesis | Typescript Engineer & Tech Writer | Remote (CET to PT, international team) | Full time | https://thesis.co Thesis is a venture studio building freedom technology. We believe in open source, free speech, and civil an
160.
by mhluongo 4y ago
> The only situation where trust is minimized or absent is jurisdictions where there is no law or less law, in which case you’re going to use force instead of code to enforce law. Or where you don't want to share your identity... li
161.
by mhluongo 5y ago
Yearn has more contributors than Bitcoin did at that point, tbh. I hate reading things like "Andre invented the fair launch" when, uh, that was clearly Satoshi, but as someone adjacent to Yearn, this isn't some random DeFi pr
162.
by mhluongo 5y ago
Thesis | Engineering, design, biz dev, marketing | SF, ATL, NYC | Remote (CET to PT) | Full time | https://thesis.co Thesis is a venture studio building freedom technology. We believe in open source, free speech, and civil and e
163.
by mhluongo 5y ago
That implies a centralized signing authority though. We could do all of that without the retina scanning using normal old KYC
164.
by mhluongo 5y ago
I should be more specific. CPI doesn't accurately track the growth in price of each of those markets. If you've gone to buy a house, put a kid through college, or experienced a large medical event, you understand the proxies in CP
165.
by mhluongo 5y ago
It sounds like you understand money! For bonus points, at whose expense is this happening?
166.
by mhluongo 5y ago
> Ya. Because runaway inflation. Any day now. Just like after the last bailout [2009]. Look at the prices of housing, education, and medical care if you want to find inflation. The 3 things everyone wants are the 3 the consumer price ind
167.
by mhluongo 5y ago
Thesis | Engineering, design, BD, marketing | SF, ATL, NYC | Remote (CET to PT) | Full time | https://thesis.co Thesis is a venture studio building freedom technology. We believe in open source, free speech, and civil and econom
168.
by mhluongo 5y ago
Community owned and operated FOSS alternative to MetaMask. Deciding which features to ship and what to skip is a bear — it's a big product design space
169.
by mhluongo 5y ago
Maybe, but I'm not learning about STARKs or other interesting proof tech on HN, nor am I seeing anything around protocol design or incentive systems... All interesting topics related to cryptocurrency. The bias HN has here is fine if t
170.
by mhluongo 5y ago
Quite a condemnation that HN can't beat 280 character tweets on this topic, eh?
171.
by mhluongo 5y ago
He's rejoined and left the industry multiple times. While he brings up plenty of valid issues, Jackson could also do with some self-reflection.
172.
by mhluongo 5y ago
In some ways it's less secure, because seed phrases are usually master private keys, versus a single private key. The point is that you can decide what to do with it... be your own bank. You can also add a password to a seed phrase bac
173.
by mhluongo 5y ago
Unfortunately, it's largely backed by USDC right now... The failure of USDC would hurt the DAI peg. If your threat model is government-backed censorship, though, it should be an improvement.
174.
by mhluongo 5y ago
Because it's a pain in the ass for us, their clients, to interface with their office software. Note that this particular firm serves a ton of tech startups. I don't expect a firm that does, say, real estate financing hears many co
175.
by mhluongo 5y ago
Makes sense, that must be my Microsoft office products are winning at software shops /s Best for you, maybe. I haven't found a real use for either in the past 5 years writing software and running product. The only role in the org
176.
by mhluongo 5y ago
Originally? Freedom.
177.
by mhluongo 5y ago
The mental gymnastics here are incredible. I'm a frequent "everything is political" commenter myself, but since when is naked self interest through theft a political action?
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by mhluongo 5y ago
> Keep in mind that The Pokemon Company don't make profit off of secondary sales, so they don't really have much incentive to make it a casino. In fact, I believe in the past they avoided this problem by printing cards to such
179.
by mhluongo 5y ago
The ask was "secure engineering", yeah? The auditors and pentesters we hire have never presented me with their certificates ¯\_(ツ)_/¯ > That’s because you are a developer and not a security manager These days, I'm nei
180.
by mhluongo 5y ago
They asked for learning resources, not paid certifications most of us ignore on CVs.

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