nikcub

29 ms·

391.
by nikcub 9y ago
"Mothers maiden name" has been used in over-the-counter banking as an authentication secret for over a century (1882 first mention[0]) Likewise DOB and SSN have been long established as auth secrets. They never should have survive
392.
by nikcub 9y ago
Replace TBills with gold - is it still being created out of thin air? The point is it’s backed by an asset
393.
by nikcub 9y ago
yet I can buy a hedge today with a consumer market account in two clicks for a dozen currencies There are plenty of countries with volatile or straight out hyperflating currencies that still manage to trade with the world Wall St and financ
394.
by nikcub 9y ago
Bitcoin has Lightning with non-Turing complete smart contracts which offer better security Ethereum has plasma and raiden with touring complete smart contracts Pick one and build on it - there is no need to rip out the underlying blockchain
395.
by nikcub 9y ago
Currency pairs have the same counterparty and volatility risk - it is solved with hedges and other derivatives There is nothing inherent in bitcoin to differentiate it from other currencies that doesn’t allow the same derivative infrastruct
396.
by nikcub 9y ago
This is in need of a disclaimer or at least a bit more transparency. The poll is part of an argument being made for support of the recent Bitcoin fork Bitcoin Cash The user submitting here is OP and he also paid to have the poll promoted on
397.
by nikcub 9y ago
> One of my methods is to simply read comments at sites like HN, Slashdot, Fark, and maybe even Reddit. That's a great idea and I've found companies exactly like that (although as private companies - scouting for a VC). We&#x27
398.
by nikcub 9y ago
I've always suspected that MongoDB is largely driven by nodejs - i'd be curious what portion of Mongo connections are nodejs There is no real good nodejs RDBMS ORM in the class of what other environments provide. I recently had a
399.
by nikcub 9y ago
Twilio is trading at 10x revenue - which is what an expensive strategic SaaS acquisitions would sell at. The average is 4x[0] - its crazy overpriced even with the growth rate (it's still growing into its valuation) I think the price wa
400.
by nikcub 9y ago
you can approve login requests using notifications but you need at least one backup trusted phone number on your account see step 2: https://support.apple.com/en-au/HT204915 "trusted phone number" is an oxymo
401.
by nikcub 9y ago
After tons of reports of Coinbase accounts being broken into they looked into it, replicated it and then reported it. SMS isn't a secure nor authenticated transport and never has been. Avoid anything that uses SMS as a transport for se
402.
by nikcub 9y ago
Mining power was shown to be overrated by the failure of multiple miner driven or supported proposals and the success of the user-activated Segwit soft fork. The idea of the UASF was that miners would be economically incentivized to follow
403.
by nikcub 9y ago
Wallets aren't part of Bitcoin - they're an implementation abstraction. The blockchain gives you unspent transaction outputs and a way to verify them and sign a script to unlock them. The key management involved in a Bitcoin walle
404.
by nikcub 9y ago
If you follow Bitcoin politics you'd know that there is a large population of Bitcoin users who like this decision[0][3][4]. There is an upcoming contentious hard fork in Bitcoin called Segwit2x. It activates in November and is support
405.
by nikcub 9y ago
If you're reading a story a week about x being in a bubble, then by definition it isn't a bubble
406.
by nikcub 9y ago
Network effects. No other crypto is as well established or has as many points of contact with the real world economy as Bitcoin. So much so, that when trading other crypto currencies you're usually trading via BTC.
407.
by nikcub 9y ago
> The saver can then exchange bitcoin for dollars at any of the global bitcoin exchanges without anyone ever knowing his identity. This is where the "Chinese people use Bitcoin to exfil capital" story falls apart. It's nea
408.
“We've been breached” – Inside the Equifax hack(finance.yahoo.com)
3 points by nikcub 9y ago|1 comments
409.
by nikcub 9y ago
Theres a loophole in Australian regs that I recently noticed. With a foreign card on credit, you can swipe and OK past the PIN prompt with no PIN. Most merchants don't know they are supposed to sign and verify after that. Of the dozen
410.
by nikcub 9y ago
It's a backup. I've heard from retailers that the failure rate on the chips is much higher than it is for swiping. In Australia you pay for fuel after filling up, and one fuel station owner is dealing with an average of a driver o
411.
by nikcub 9y ago
Theres an entire market for high-end gaming controllers, from both Microsoft[0] and other manufacturers[1][2]. I had a chance to try out the Elite - they feel great, very solid build. The requirements for gamers might be a bit diff to what
412.
by nikcub 9y ago
> Is there a good overview of the types of wallets, their architecture and evolution? A wallet is a userland abstraction where it groups together all of your keypairs. With each keypair (ECDSA) you have a public and private key. The addr
413.
by nikcub 9y ago
> The thing that sucks is, it was impossible to tell any of this was going on. It was impossible to know the details of this exact bug - but it was possible to know that something was wrong at MtGox before the takedown. Of the two-doze
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by nikcub 9y ago
> it has the easiest solution in the world: give women more money I don't understand why this is so difficult to understand or controversial - especially in an industry with such a skills shortage. If you want more and better employ
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Mystery of sonic weapon attacks in Cuba deepens(theguardian.com)
523 points by nikcub 9y ago|277 comments
416.
by nikcub 9y ago
Similar to the different concerns between mass surveillance and targeted surveillance It's easy to link a database and profile millions of people. It's much higher effort for them to come and get my DNA.
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by nikcub 9y ago
edit: nevermind, its back on the frontpage <commented that this story shouldn't be flagged off the front page>
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by nikcub 9y ago
> I suspect some people are actively downvoting/flagging such stories. That explains why I missed it. In one of the long Twitter threads relating to this situation more than one person made mention of stories related to women in tec
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by nikcub 9y ago
Related: https://www.axios.com/exclusive-dave-mcclure-resigns-as-gene... https://techcrunch.com/2017/07/03/employee-email-claims-500-... https://cherylyeoh.com/2017/07&#x
420.
by nikcub 9y ago
unintended consequence of SOX and over regulation of the public markets.

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