noxer

83 ms·

781.
by noxer 6y ago
All the infos about cars are easily available. It chances nothing, most buyers of car simply dont care enough to get fundamental knowledge about cars. If you would value the time it takes for an average car buyer to get fundamental knowledg
782.
by noxer 6y ago
But you are wrong, it would absolutely not work. The only way to make sure no one has 51% and no one can simply get 51% (buy cloud computing for example) is if the 51% is more than what feasibly can be bought or it would at least need to co
783.
by noxer 6y ago
No, not at all there was no argument. Bitcoin isn't fiat. Thats a fact not an argument. You specifically asked why, so I gave you the reason. Words have meanings. We use fiat currency as a term specifically to exclude cryptos and other
784.
by noxer 6y ago
There is no need to decide you start watching the money starts streaming you stop the money stops. If you only watched a few seconds its only fractions of a cent it doesn't matter. If at all it makes people less likely to watch crap an
785.
by noxer 6y ago
See comment above. I dont make the definitions and neither do you.
786.
by noxer 6y ago
"Fiat money is a government-issued currency that is not backed by a commodity such as gold." Thats the next best definition I could find Bitcoin doesn't fit in there at all.
787.
by noxer 6y ago
definitely not.
788.
by noxer 6y ago
The classic is "backed by statistics" so both sides pick the statistics that confirms their opinion. Last seen just these days in US media about guns/gun crime/shootings etc. etc. There are so many statistics which all d
789.
by noxer 6y ago
If you like it technically I suggest reading the official documentation about the consensus mechanism. Yes, all of them where run by Ripple to provide geographical decentralization. This is purely to achieve a high uptime and ofc demonstrat
790.
by noxer 6y ago
Opinions backed by facts would be fine. If someone explains why he has the opinion he has then I can agree/disagree/provide a better reasoning for another opinion etc. But most of the opinions voiced are either not backed by anyth
791.
by noxer 6y ago
Well everyone can see how many people are running the network so if the number would drop someone who uses it would probably think twice if they should stop as well ryt? Unless all decided to shutdown at the same time but that's kinda
792.
by noxer 6y ago
Its not bad on its own, but paying the running cost of the network with inflation means the people who hold a token pay for it (indirectly trough inflation loses) not the people who use the network. Staking however does not make sense if th
793.
by noxer 6y ago
Could not find something to read about this topic directly but here https://www.youtube.com/watch?v=fo8ZScrXFZE is a great talk about why the incentives in blockchains systems are bad for the system and its users. The speak
794.
by noxer 6y ago
idk what you mean with bitcoins fiat.
795.
by noxer 6y ago
Footnotes #2 is rather unlikely. First PoS is not the successor of PoW. Its the same idea all over again. People are rewarded for wasting capital opportunity instead of energy. It only makes sense for them if they get enough return on the c
796.
by noxer 6y ago
Capturing as in storing? Simply knowing where the heat is/goes doesn't really make it easy usable. You can heat up water for example but what if no one need warm water there? Also often additional energy is useless just to move th
797.
by noxer 6y ago
Kinda funny as we know the free-market eventually will switch to a non-PoW solution. There is no way around it.
798.
by noxer 6y ago
Sorry but that's BS, It absolutely requires the energy. If it would be running on a privet computer still then anyone with such a computer could double spend which would make it useless regardless of success.
799.
by noxer 6y ago
PoW doesn't even lead to good distribution as we can see since a few years and more importantly its not needed. We have Federated Byzantine Agreement (FBA) "blockchians" since like 8 years and it beats PoW by any metric.
800.
by noxer 6y ago
It definitely not. The energy used turned to heat and eventually radiated away into the universe. Just like the energy used to find the largest prime number. Unless you think that energy is embodies in the number somehow but then where was
801.
by noxer 6y ago
crypto and crypto people != BTC and BTC maxis
802.
by noxer 6y ago
Aluminum actually can. Its made form aluminuum oxide + energy and you can oxidize (for example burn) aluminum back into aluminum oxide which releases energy. Certainly not what the author meant and certainly not possible with bitcoin where
803.
by noxer 6y ago
see XRPL.org its basically BTC but better and actually usable
804.
by noxer 6y ago
Had to flag this not because it break any rules its just 100% too dumb to be on HN. I had to double check if this wasn't satire.
805.
by noxer 6y ago
These people are doomed absolutely no one will help them in any way and although they are many they can never reach the critical mass to start a revolution. 570k isn't much in china. "And so the idea... I'm not going to speak
806.
by noxer 6y ago
So the people who dont know better pay for stuff they dont need? Sounds like literally everything else. Most people who buys cars dont know anything about cars and thus they likely overpay. This sucks but its in fact a "free market&quo
807.
by noxer 6y ago
Sadly this one messes up rendering of many more complex pages. Pages like nyan.cat are good way to test such tool and sadly the output is nothing like the website would render in a modern browser.
808.
by noxer 6y ago
If there wasn't a conspiracy theory that says the bot isn't actually stuck and its all being faked by (them), then after enough people read this, there sure will be one. There goes your wishful thinking that we all agree on one th
809.
by noxer 6y ago
Just because HN likes to bashes Windows. I tell you that Windows runs pretty much normal if the disk is full. Had that happen many times and intentionally did this for tests as well. Even disconnecting the disk technically doesn't brea
810.
by noxer 6y ago
They should be named dumb TVs because that what they are. I dont even own a TV anymore an I have no plan to change that. I just need the display to watch stuff not freaking android box. More money for high quality monitor that wont be obsol

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