natrius

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391.
by natrius 11y ago
If this were built on top of Node instead of JavaScriptCore, wouldn't a lot of the host integration come for free? Is there a benefit that building on JavaScriptCore yields? Of course, being a fun project to work on is benefit enough.
392.
by natrius 11y ago
The euro does come with a mandate for fiscal policy. It just isn't enforced since so few countries have been able to abide by it. https://en.wikipedia.org/wiki/Maastricht_Treaty#The_Maastric... What would you sugg
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by natrius 11y ago
This ain't any old additional buyer. This buyer prints its own money . http://www.economist.com/blogs/economist-explains/2015/03/ec...
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by natrius 11y ago
This time is different. The new money enters the system via central bank asset purchases, which lower the returns on those assets. These purchases push investors into asset classes with higher returns, raising the prices of all assets as a
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by natrius 11y ago
I'm a heavy Chromecast + Plex user. What do you prefer about the Raspberry Pi setup?
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by natrius 11y ago
"I can see the boycott coordination angle (except, the offensive vendor can just change its identity)." If the vendor changes its identity but the public is still aware of the connection, the new identity goes on the sanction li
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by natrius 11y ago
You need cryptographic identities for automated boycotts. Boycotts aren't very effective today because they're hard to organize, and some vendors have relative monopolies. I think Ethereum enables both effective boycott coordinati
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by natrius 11y ago
Transportation network companies have immediate origin and destination data for so many users that they will be able to create far more efficient "public" transportation systems than have ever existed. UberPool and Lyft Line are b
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by natrius 11y ago
You'd probably have to limit the use of force to things almost everyone agrees on, like detaining people to prevent imminent harm. For other things, sanctions are probably effective enough. Given universal, stable, cryptographic identi
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by natrius 11y ago
You can decentralize the reporting of an individual's death using Schelling point consensus, which is what we use to decide Augur's prediction markets on Ethereum. In brief, we distribute a token to a "reporters." At the
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by natrius 11y ago
Ethereum is not a web hosting platform. It is not similar to Amazon's EC2 or anything like that. Conceptually, it is a single global computer that anyone can access. It's not the same kind of computer you're familiar with, th
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by natrius 11y ago
You are correct. You have to pay someone a tiny amount: the cost to make executing your transaction, storing the blockchain, and mining a block worthwhile. That cost is far less than the monopoly rents that beneficiaries of network effects
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by natrius 11y ago
UPS is going out of business, too. UPS owns warehouses, trucks, and planes, none of which are very defensible advantages. Like the companies I listed, they're a network effect company. Those companies are going away because bigger netw
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by natrius 11y ago
Is an Amazon that pivots to take no profit on its sales still "Amazon"? I think it's different enough that my claim stands.
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by natrius 11y ago
When dot com companies failed, their work was thrown away or sold for pennies on the dollar to companies who ignored it. Decentralized systems built on Ethereum are forces of nature: they don't get shut down and don't depend on an
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by natrius 11y ago
Here's another angle on Ethereum: I think it's going to put Walmart, Amazon, Uber and Airbnb out of business. Consider Amazon. They buy goods from manufacturers, then sell those goods to consumers for higher prices and pocket (or
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by natrius 11y ago
Lots of things get created without venture capital. Giving the world back that 30% cut of every ride would be a pretty huge favor. Governments, benevolent donors, and open source developers are all in the business of doing people huge favor
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by natrius 11y ago
It has to be created by someone, but it runs without maintenance because anyone can run it. It also can't be regulated because anyone can run it. These are some of the benefits of a decentralized system. Funding the creation of a such
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by natrius 11y ago
Consider where we are on the technology curve. We're a few years into general purpose, networked computers being in everyone's pockets. We're a few years away from those computers being capable of coordinating interactions be
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by natrius 11y ago
Wholesale prices exist because it's hard to find customers. Selling in bulk to a single customer is a good deal. However, when it's effortless to connect producers with customers, everyone will get wholesale prices. You won't
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by natrius 11y ago
To clarify, Ethereum isn't a marketplace or a reputation system. It's just a good platform for building those things. Ordering from Amazon or Alibaba means paying them for the privilege. Systems that connect producers directly to
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by natrius 11y ago
Ethereum isn't my project. I build apps on top of it, like Augur. I'm claiming that work other people did will be pretty huge for humanity, which I consider pretty acceptable. What questions do you have about how Ethereum is usefu
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by natrius 11y ago
Excellent question. Here are some blog posts on the subject: https://blog.ethereum.org/2014/09/17/scalability-part-1-buil... https://blog.ethereum.org/2014/10/21/scalability-par
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by natrius 11y ago
Some people will be turned off by claims that a technology can have a significant impact on humanity at large. Others will be curious to find out whether these claims can be substantiated. My audience is the latter. Learning how to build ap
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by natrius 11y ago
I think Ethereum (or something like it) will have a greater effect on many more lives than the Apollo missions did. If successful, it will reshape society by giving every individual reduced economic transaction costs that once required the
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by natrius 11y ago
Ethereum is a global transaction computer that provides a platform for decentralized applications, like Augur ( http://augur.net ). Today's systems have a centralized source of truth: corporate databases. There was no other w
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by natrius 11y ago
What you're describing is very similar to Ethereum, a platform for decentralized applications. Its blockchain is a public database for application data that all participants in a system need to agree on. Other data is either messaging
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by natrius 11y ago
When knowledge workers head to the office, it won't be by driving to a building. It'll be by putting on a VR headset and working in a virtual world that is superior to the physical office in many ways. You can work with anyone in
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by natrius 11y ago
A name-addressable system where the names refer to content addresses might give us the best of both worlds. The New York Times could update a URL as much as they want, and browsers would have a UI that lets users access older revisions and
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by natrius 11y ago
True, but there are ways to mitigate that. YouGov tries to create a representative sample out of a batch of volunteers. https://en.wikipedia.org/wiki/YouGov

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