noxer

62 ms·

571.
by noxer 5y ago
Not a problem if its a DLT with final state. You just need to request the hash of the final state from enough nodes to assure its the real deal. They would all need to lie the same way to trick you. If they are all compromised then the syst
572.
by noxer 5y ago
Don't assume blockchains are bitcoin or BTC like systems. I talk about the "current and undisputed or better indisputable (final) state". Bitcoin does not have this. Hence it can not function without history. This is a proper
573.
by noxer 5y ago
>doesn't using your own UNL basically equate to a hard fork in the event that the nodes don't agree? Short answer: No, if one or a few dont agree they are just ignored. If the majority (>50%) does then it halts and if a quor
574.
by noxer 5y ago
But day/weeks/month/years of life lost is not the same as what we understand if we say lives lost. Also we stooped helping people survives in the name of covid. Life extending treatments and surgery where paused to have resou
575.
by noxer 5y ago
>All that matters is the valid history with the largest weight (longest chain rule in PoW). No, that exactly the believe that comes from BTCs implementation and while it may be true for BTC its completely irrelevant for other systems. Im
576.
by noxer 5y ago
The blockhcain may be "forever" but the history is definitely is not. Its a lie because the most likely outcome are that Ethereum dies because the history cripples it to an unusable system (its a lie then) or the the history depen
577.
by noxer 5y ago
The XRPL was invented shortly after some BTC devs saw that BTCs approach was "to extremist" and could never scale. It went online in 2013. To this day most crypto people will tell you it is centralized and some buggy-man can turn
578.
by noxer 5y ago
DTLs aren't "computers" its just that some build a computer into it to create a decentral computer. In its raw form a DTL does not compute an output but ofc all participants compute signatures and such stuff to validate input
579.
by noxer 5y ago
Its difficult because it requires parked money (nostro accounts) in foreign currencies. This imposes a risk and act as "dead capital". At some point the cost to maintain the corridor is higher than the profit so the corridor is cl
580.
by noxer 5y ago
https://ripple.com/ripplenet/on-demand-liquidity/ This is a real product, real people use it (without knowing that they do).
581.
by noxer 5y ago
This has some really questionable assumptions. Like the part about permanence. "An important property of a blockchain that users really value is permanence. A digital asset stored on a server will stop existing in 10 years when the com
582.
by noxer 5y ago
Yes, but the market cap for companies serves a different purpose. Its a somewhat funny way to compare which companies people (shareholder) value higher. You cant compare share price ofc because of different numbers of shares so the market c
583.
by noxer 5y ago
In this universe there is no way trashing the booster instead of land it would have less environmental impact. No we dont need a 20 page paper to make that claim. Basic understanding of economics and common sense is all it takes. Only small
584.
by noxer 5y ago
Unique node lists (UNLs) are simply lists of nodes someone provides that they think meets their standards. Everyone can publish an UNL, it doesn't give any power or requires any privilege. If you run a node you can use one or many UNLs
585.
by noxer 5y ago
Did you read the post? Ripple is a company ofc its centralized. The XRPL is the "blockchain" and its NOT controlled by Ripple. They maintain the open source code that does not give any control over the running network at all. >
586.
by noxer 5y ago
The question is how much less death will there be in the years to come. Especially the older people who died earlier because of covid. We should see a decline in death from all kinds of diseases that these people had and would have died fro
587.
by noxer 5y ago
From the FAQ Page: >What about Ripple/IOTA/...? >As with Proof of Stake we are aware of no existing, alternative protocol that has solved the problem of distributed consensus. Usually these approaches have resulted in some f
588.
by noxer 5y ago
Update: Elon Musk "Working with Doge devs to improve system transaction efficiency. Potentially promising." Clearly he didn't figure it out yet lol https://twitter.com/elonmusk/status/139297425101189
589.
by noxer 5y ago
"More fuel" is irrelevant its about pollution. You can never make parts without using a fix amount of resources and energy and if they are used they will end up as waste which is pollution too. Fuel however is just energy in a spe
590.
by noxer 5y ago
No one suggest they have. As long as they have less than an device that does the same task but uses gas then it reduces emissions. Rockets as well, they pollute but making them reusable pollutes less. Also depending on fuel type its perfect
591.
by noxer 5y ago
How long until he figures out that DOGE also wastes energy?
592.
by noxer 5y ago
Daily reminder that the market cap does NOT exist therefore it can not be "wiped off". Its imaginary nonsense. Market cap explained real simple: https://coil.com/p/XRPFax/Understanding-the-Crypto-Market-C
593.
ETHs average transaction fees surpassed BTCs record fees(bitinfocharts.com)
2 points by noxer 5y ago|0 comments
594.
by noxer 5y ago
>As I sit here writing this I have two apps actually open in the foreground on my PC; Firefox and Telegram Desktop. And according to Task Manager, I’m using 55% of my available memory. Author has a severe misunderstanding about how RAM i
595.
by noxer 5y ago
Physical cash isn't replaced by CBDCs so it can not removed anything from physical cash. >It also allows for a true negative inflation rate. Already possible and has nothing to do with CBDCs >Digital currency enables this. And _d
596.
by noxer 5y ago
You just find the exception everything I said so you can disagree with the overall statement. not useful.
597.
by noxer 5y ago
>SEC etc all claim they want to make things safe for retail investors Completely wrong. There is no "safe", risk/reward is always balanced. The SEC is supposed to prevent people form being mislead, tricked, scammed whateve
598.
by noxer 5y ago
>Cryptocurrencies now equal the value of U.S. dollars in circulation. NO, the market cap is not the value of something real. If the author doesn't know that hes already disqualified to make any useful comment on the matter. Market c
599.
by noxer 5y ago
CBDCs are not for private people buying grocery. But you normal fiat is already digital and tracked and in most cases the gov has or could gain access to that data. This however is not the goal of such a "govcoin". CBDCs is to rem
600.
by noxer 5y ago
These CBDS dont shift power it just makes things faster on a technical level because they can be moved p2p. Its central controlled but it doesn't need the centralized technical infrastructure. The money private person uses is unlikely

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