oillio

15 ms·

121.
by oillio 13y ago
Also, your hypothetical program is not static. It can communicate with thousands of other humans in real time. To half the user base it is Samantha, to the other half, it is Sam. If someone asks Samantha a personal question it doesn&#x27
122.
by oillio 13y ago
This is useful in practice if you are willing to accept only 1 or 2 confirmations. For retail type situations, a fast blocks are definitely better, which I touched on at the end of my post. I constantly see the argument that 6 confirmation
123.
by oillio 13y ago
If they had the same size network, it would take 60 confirmations on DOGE to match 6 confirmations on BTC. If you are OK with 30 confirmations on DOGE, you would be OK with 3 confirmations on BTC. In other words, it would take the same am
124.
by oillio 13y ago
Your first statement is true only if the difficulty on both chains are equal. Lets assume chain A and chain B have the same hash power across their respective networks. Chain A has a block every 10 minutes, and Chain B has a block every 1
125.
by oillio 13y ago
The problem is network disruption. Your system would work if you could guarantee all nodes in the network could communicate with each other every 10 minutes. What happens if this is not possible? This scenario is called a netsplit in Bitc
126.
by oillio 13y ago
He is using computer security as a metaphor. Security is the same, whether it is digital or a physical lock. It is just much easier to implement these sorts of algorithms in the world of bits than it is to implement them in the world of at
127.
by oillio 13y ago
I think item (3) is the key here. When investing in RealCrowd, you are choosing a single property in which to invest. In REITs, you are investing in a management team which will use your money to trade in and out of many different properti
128.
by oillio 13y ago
Someone in this thread already quoted the US constitution, so I won't do it again. This is not just taught by the US school systems, this is the basis on which the United States was founded. It is taught in the school system because the p
129.
by oillio 13y ago
It is not against the law. However, you are supposed to report barter transactions to the IRS. What percentage are actually reported is probably not all that high, but I have not seen any research on the topic.
130.
by oillio 13y ago
In an online chat discussion? Google should be held to the standards of decency described by the poster himself. Stating, "Google is not good at privacy because they violate some law and I like that law." Is a perfectly valid argument.
131.
by oillio 13y ago
They are aware of the issue. There is a long discussion of it in the linked pull request comments. My interpretation is that they do not see this application as important enough to take into account in their updates. This is a perfectly v
132.
by oillio 13y ago
The problem is that this minimum transaction size may change in the future. So, lets say you set 10 X MIN_VALUE to equal one stock certificate. If the MIN_VALUE adds a couple zeroes in the future, anyone with less than 10 certificates jus
133.
by oillio 13y ago
This type of spam is solved through minimum fees for transacting very small amounts of bitcoin. If a user is willing to spend $10 to insert a URL in the block chain, there is no way to stop them without making bitcoin useless. The move to t
134.
by oillio 13y ago
Bitcoin was never intended for raw micropayments. The blockchain is just too expensive to maintain for such transactions. Litecoin doesn't provide any advantages over Bitcoin in this respect. Some types of micro-transactions can be suppor
135.
by oillio 13y ago
Small value amounts are useful for smart property: https://en.bitcoin.it/wiki/Smart_Property The tl;dr: Represent a piece of property, say a stock certificate, as a small value of bitcoin. By transferring the bitcoin to another user, yo
136.
by oillio 14y ago
A simple intelligent router may have 2^n performance, but I cannot imagine there are not other solutions that would bring performance closer to linear. I am not a queue theory expert, but I know they are out there. This is a well studied
137.
by oillio 14y ago
I don't think this only affects a small percentage of customers. Maybe only a small percentage will notice. This will affect any user with a high standard deviation in their application's response time. Lets take an extreme case as an exam
138.
by oillio 14y ago
Easy discovery of price information is also important to capitalistic markets. Of course, AirBnB helps there as well.
139.
by oillio 14y ago
The supply of bitcoins used as currency is fixed while the supply to all other reference currencies are variable in some way or another. Fiat is obviously variable on the whims of the issuing government. Gold may be taken out of circulation
140.
by oillio 14y ago
Bitcoin can scale to VISA level transactions[1]. The software is still BETA, the optimizations required for this scalability have not yet been implemented (they are being actively worked on). The primary one is support for pruning the blo
141.
by oillio 14y ago
50 new bitcoins are created every 10 minutes. That is 7200 coins a day, 2,628,000 a year. This is massive inflation and definitely has an effect on the currency. No one really knows what the effect of halving of the mining rate will be.
142.
by oillio 14y ago
I agree. The best thing I have ever done was get a job without a set schedule. Turning off the damn alarm is awesome. The funny thing is, a couple months after I dumped my alarm, I started getting up early on my own. Now, I am up well be
143.
by oillio 14y ago
Explaining a "better" way is great as an addendum to an answer for the actual problem asked. As you said, it can be very helpful to provide an out of the box solution. However, it is very annoying when I ask a question and the only answers
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by oillio 14y ago
Make "race mode" cost money then. Cheap enough that an occasional race is not ridiculous, but expensive enough that it is not practical for a commute. It probably wouldn't be an incredible advantage anyway. Your car could drive much faste
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by oillio 14y ago
As you said, this is true for any creative community. The most hard core and painful critiques I have ever seen came at a university architecture design show. Ask any theatre performer what they think about the critics. Do you think the ex
146.
by oillio 14y ago
It would be very useful for snipers as well. One thing they must always be cognizant of is how their optics might reflect the sun. Snipers will be safer if they don't have to worry about the enemy spotting their position due to reflection
147.
by oillio 14y ago
I recommend reading The Diamond Age by Neal Stephenson. It is classic cyber-punk about what happens socio-economically when damn near everything can be made by the 3D printer in the corner of your house, as long as you have the raw material
148.
by oillio 15y ago
Strong privacy regulation might slow down the progress, but there is no way to stop the tide. The technologies to identify, categorize, and link people are only going to get better. In 100 years, privacy as we know it will not exist. We c
149.
by oillio 18y ago
Maybe the easy dumb lies are the best ones to tell. When we grow up they are obviously lies and easy to dump. They serve as markers that say, "Use your own judgment and insert your own belief here." For example, in the case of the turkey,