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nadam
searching PlanetScale…
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16 ms
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91.
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by
nadam
9y ago
Yes, funny that ETH, which is meant to execute on-chain turing complete code, is much better for simple payment than Bitcoin. On the other hand I think a solution directly designed for payment only is a better fit for this purpose, as it h
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by
nadam
9y ago
Other cryptocurrencies, which are meant for payment (like Dash) will eventually make it into the mainstream. It's a matter of 1 or 2 years in my opinion. Bitcoin is digital gold, that is also a valid use case IMHO, and a good first ste
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by
nadam
9y ago
You should not think of bitcoin as a payment network, and do not expect its tech innovate rapidly. It is digital gold. Its most important property is to be secure and battle tested. I think bitcoin will be even bigger than it is now. If you
94.
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by
nadam
9y ago
You have heard negative things because of enormous FUD against it on each forum. Even smart people can be affected by FUD. (The only reason I did not fall for it is that I found a pattern that if something is very heavily FUD-ed, it can be
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by
nadam
9y ago
But they are not really competitors. Bitcoin is digital gold. It may survive without any innovation in the future. For payment it is being distrupted by currencies like Dash. Ethereum is supposed to be a DApp platform, but because of its sc
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nadam
9y ago
Proof of work is not the only scheme to ensure consensus. There are multiple projects based on some kind of proof of stake. One of the most promising such projects is EOS in my opinion. I suggest you not to gain knowledge about cryptocurren
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Brave browser lets you pay your favorite YouTube stars
(cnet.com)
3 points
by
nadam
9y ago
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0 comments
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nadam
9y ago
Bitcoin is (or aims to become) digital gold. It is a possibility to store 'gold' in a way that you don't have to trust anyone to store it for you, and can only be stealed from you if somebody knows your private key. Even if y
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nadam
9y ago
Multiple downvotes on my comment proves my point. There is serious hate on the EOS project. No matter how much you downvote me, EOS is still doing one of the most promising research and development on how to improve crpyto network throughpu
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nadam
9y ago
The FUD against EOS is really strong. It is interesting that despite the FUD, its valuation is very big too. The FUD is mostly about the business behind EOS, as a technical project is solid C++ code with well thought out architecture. In fa
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nadam
9y ago
Monero has potential, but I have found DASH to be the currency that has the biggest potential to replace Bitcoin when buying things. It has high throughput, privateSend, instaSend, decentralized governance, treasury system, they are focusin
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nadam
9y ago
What I don't like about the current cryptocurrency climate is that Bitcoin, garbage ICO-s, and BitConnet-like piramid schemes completely distract people's attention from the serious cryptocurrencies that genuinely try to develop a
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nadam
9y ago
Let's say we have a huge global cryptocurrency, that the whole world uses. If I understand well, when the economy expands, you can buy more BigMac for one unit, when the economy shrinks, you can buy less BigMac for one unit. What I am
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by
nadam
9y ago
"This sentence sounds like preaching." Yes, you are right, I was wondering whether to edit that sentence to sound less confident. :) I have no evidence, and I am not an expert on this. I just think that if a currency is a utility
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nadam
9y ago
Re price stability: A cryptocurrency adopted on a mainstream level (at tens of trillions of dollars market cap) for means of everyday payment would be very stable, more stable than any fiat today. Re effectiveness: Bitcoin itself is not rea
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nadam
9y ago
Hi, This is my proposal to solve problems in current protocols like 0x. The aim is to combine the pros of centralized exhanges and decentralized exchanges. I appreciate your opinions. I am mostly interested in finding possible flaws. If you
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Tokenium: my new protocol to solve decentralized exchange flaws
(github.com)
1 points
by
nadam
9y ago
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1 comments
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nadam
9y ago
Incentivization and transparency combined is also a good method, which should be applied when possible in addition to other methods. So in case it is possible, safety-critical code should be open source, and there should be very high reward
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nadam
9y ago
"So, what can you do about it?" As much as I love the Sillicon Valley, disproportional concentration of venture capital and brain drain to a geographical location is not the healthiest thing in the world. I am a big proponent of d
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nadam
9y ago
I could say: "My understanding is that software is just the code you put on the Neumann architecture. There must be some serious dollaroos floating around in consultancy fees for such a simple idea to be cropping up constantly and as a
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nadam
9y ago
Not bright and perfect, just more efficient and meritocratic in most regards. (Similar to pre-internet vs. post internet: we made progress with the internet, and we will make even more progress with blockchain tech.) The reason that so many
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nadam
9y ago
In my opinion none of the coins I mentioned is rock solid, but I have researched lots of coins, and currently these are the ones which I find most valuable compared to market cap. 3 years ago I made a very good bet with Ripple (almost exclu
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nadam
9y ago
The amount of misinformation in this topic is frightening. Guys, most of the serious cryptotokens are about making some markets more efficient, eliminating lots of middlemen. I have no time to go into details, but some coins I am currently
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nadam
9y ago
Bitcoin is an example of a coin 'left on the market' in such a state that the original author maybe does not 'exist' anymore. If the codebase is open source, if there is a decentralized autonomous organization behind the
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nadam
9y ago
"It used to be the case that programs took a really long time to run. CPU’s were expensive, memory was expensive. Running time of a program used to be an important metric." As hardware gets faster we give it new tasks that could n
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nadam
10y ago
The problem is that people who write Javascript for a living, who do not use 'var' are usually the people that do not even know what the difference between global and local variables are, and why global variables are dangerous. I
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nadam
10y ago
You say that you can write useful programs in a language for 5 years without knowing how to declare local variables? Wow. Yes, I wrote useful programs using only global variables in C64 Basic when I was 12 years old, but it was much worse c
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nadam
10y ago
You choose C++ to be able to control performance more than in lots of other languages. In a game engine or other very performance intensive software, people tend to think a lot about memory management. Whether in very rare cases, for a part
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nadam
10y ago
A very informative tutorial on high performance edge-function based rasterization: https://fgiesen.wordpress.com/2013/02/17/optimizing-sw-occlu... (articles 6, 7, 8, others are not closely related) As far as
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nadam
10y ago
As someone who uses the internet in a healthy way and healthy dose, i think this article is like when an (former?) alcoholic suggests to all the people to not even drink one beer occasionally. Seriously why should I not use email to communi
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