once_inc

19 ms·

181.
by once_inc 4y ago
As Satoshi Nakamoto noted: "The nature of Bitcoin is such that once version 0.1 was released, the core design was set in stone for the rest of its lifetime." I can imagine Dorsey wants to strive for the same thing: build a protoco
182.
by once_inc 4y ago
Considering Dorsey's active participation and evangelising on Bitcoin and the Lightning Network, I expect that he will be working in that direction; building a messaging protocol based on the Lighting Network that allows users to upvot
183.
by once_inc 4y ago
Please note this account also shared other messages between Musk and Agrawal.
184.
by once_inc 4y ago
This is pretty cool; the internal messaging of big tech heads. Really interesting to see the way these bigshots converse; terse, to the point, no-nonsense.
185.
by once_inc 4y ago
I personally prefer the red ball - green ball version, where a colourblind person can find out if both balls are the same color or not. Simpler, with fewer variables and still very clean in its explanation.
186.
by once_inc 4y ago
It varied, but it was often 2 weeks after a 3-6 month project. Not a lot, but enough to really make a dent in backlogs.
187.
by once_inc 4y ago
I remember the laptop market from 20 years ago; lots of variability between laptops in terms of: - hardware support (drivers), - hardware quality, - pricing, - online knowledge availability Those days, you had varying quality between laptop
188.
by once_inc 4y ago
Wh-Whut? Is that supposed to be six contrails?
189.
by once_inc 4y ago
"Nobody wants to backup, everybody wants to restore." This very much. For backups, the great crunchtime isn't when you set up the backups and see them appear where you want them. Crunchtime is when your system is in turmoil,
190.
by once_inc 4y ago
Please note that if you want to read all of the blurbs of text visible between the planets, you need only to view the source of the page. They're just divs, and it saves you a large amount of scrolling. Space is big. Space is empty. We
191.
by once_inc 4y ago
I just realized that my Synology DS218play NAS is so loud because of the fan grill at the back. Too bad I can't easily remove it...
192.
by once_inc 4y ago
My previous employer used to plan "express checkout" weeks for developers. In between two larger projects, you'd get the chance to spend two weeks doing nothing other than picking low-hanging fruits off the bug-tracker tree.
193.
by once_inc 4y ago
Please move away from email to something more decentralized and powerful. Email is the source of so many lost productivity hours and is now wholly controlled by large entities like Microsoft and Google.
194.
by once_inc 4y ago
Agreed, but the big mining pools and stakeholders went with ETH, and with its minority hash rate, ETC died a slow death.
195.
by once_inc 4y ago
Nodes automatically forward valid blocks to all connected peers. This means that the initial miner would send it to, say, 100 peers, all of whom would reject it. Why send that block to anyone else, wasting resources and posing an attack vec
196.
by once_inc 4y ago
Because while gold bars might be technically decentralized, that doesn't mean they are practically decentralized too. In fact, gold bars are probably 99% centralized in corporate and governmental vaults, neither of which are openly aud
197.
by once_inc 4y ago
These are modern technologies. The infrastructure to use the methane isn't there, so it needs to be monetized locally. Bitcoin mining is one of the very few options available to do this at scale.
198.
by once_inc 4y ago
sigh, one of these days, I'm going to be able to downvote despite being heavily suppressed for having a fact-based opinion about Bitcoin, which is the result of literally years of study. Until then, you have my upvote.
199.
by once_inc 4y ago
If all the large entities band together and frame the issue as something negative that needs to be prevented/reverted, then nobody will care enough to attempt punishment. We've seen this when ETH and ETC split after Vitalik used E
200.
by once_inc 4y ago
Using electricity isn't the problem. Anyone could use vast amounts of electricity as long as they are willing to pay the price for it. The problem is carbon emissions. The switch to PoS is a non-issue from my perspective: a centralized
201.
by once_inc 4y ago
A recent study by an American governmental organisation (I don't remember which) recently showed that Bitcoin can be used to reduce methane emissions. This in turn would make Bitcoin mining and Proof-of-work net carbon negative (signif
202.
by once_inc 4y ago
In theory, yes. But in practice, most miners have joined a mining pool. Mining pools allow miners to share in the rewards, which means they have a vastly more predictable income per block. A solo miner would probably not have a statisticall
203.
by once_inc 4y ago
Both Central Banking and CBDCs lead to the same outcome though; reduced personal liberties (privacy and economic freedom), and increased interference of the state with its constituents and the macro economy (skewing incentives through centr
204.
by once_inc 4y ago
Not OP, but: > by a centralized web site, is the exact antithesis of cryptocurrencies. What happened to decentralization? A centralized cryptocurrency is an antithesis. I don't care if any of the products or websites in the surround
205.
by once_inc 4y ago
> it did validate all blocks, but it didn't have anything meaningful to say to the network That is a bit of an understatement of its function. If a miner produced a bad block (with, say, 51 btc block subsidy), and it pushed that blo
206.
by once_inc 4y ago
And his involvement in SegWit2X, which was dead in the water because of an off-by-one error by his hand. Had that code been run in production, the entire bitcoin ecosystem would have ground to a halt. So yeah, bit of a burned reputation.
207.
by once_inc 4y ago
I would just not do anything and continue on the original chain. Yes, if most of the world moves to the other chain, that fork will be Bitcoin for the rest of the world. The issue is if my time preference is low enough to await/specula
208.
by once_inc 4y ago
This makes me wonder if I should speculate on the future price of ETC rising right after the merge, because most miners will switch their hashing power to that chain.
209.
by once_inc 4y ago
As a non-combatant with zero knowledge of military tactics, I'm glad you mention this. I stumbled over this phrase and it made me feel like it was specifically worded to catch unaware participants to the game. Glad to see 'at all
210.
by once_inc 4y ago
If so, that won't be the Bitcoin my node will switch to. You can't force the network to do what you want. UASF and the many forks before, during, and after the fork wars have proven this.

More ›