placeybordeaux

24 ms·

1.
by placeybordeaux 9y ago
Authoritarianism in practice. There's no reason why socialism would need to have such insane monetary policies.
2.
by placeybordeaux 9y ago
They only lose the caching effect.
3.
by placeybordeaux 9y ago
IPFS mirror: https://gateway.ipfs.io/ipfs/QmZ1y9U9KRuGBVUisc1YbXrjp8tDXGe...
4.
by placeybordeaux 9y ago
There is nothing to say that all coins need a fixed supply. It wouldn't be hard to establish voting to release a given amount of funds/authorize the selling of bonds. All blockchains have a transient central authority, the miner.
5.
by placeybordeaux 9y ago
I don't think a stablecoin has been made, or at least if it has it hasn't found wide adoption. That is part of the problem, if people couldn't make profit off of speculating on bitcoin it's quite likely that it wouldn&#
6.
by placeybordeaux 9y ago
That site is saying 0.3 USD. I wouldn't call that pennies.
7.
by placeybordeaux 9y ago
In the worst case (1 tx per channel) LN would actually double the # of tx. I am really looking forward to LN being really tested, but the thing that worries me is that the security model relies on txing before a certain block. If we see a l
8.
by placeybordeaux 9y ago
I was just pulling up avg tx fees. I realize that tx cost on ETH varies highly, do you have a preferred site to tell what contracts are economically viable for what amounts? For instance I would be happy to buy a cryptokitty or two at the ~
9.
by placeybordeaux 9y ago
I sent my friends 50 bucks worth of BTC for christmas time. At that point the fees for regular tx were ~5 bucks so I just bundled them and payed less than a dollar per send, making sure to send the change into a segwit address. I missed som
10.
by placeybordeaux 9y ago
Bitcoin is likely going to remain the most conservative of all the cryptocurrencies. Even the most liberial of them is having trouble scaling to the current demand. The current demand is really quite low.
11.
by placeybordeaux 9y ago
I was just reviewing the avg tx fee on major coins. Micropayments aren't possible on any widely accepted coin. BTC has hit 20 USD a tx (albeit without segwit). It's looking a little rough. Might be time for a draw back. EDIT: I wa
12.
by placeybordeaux 9y ago
Last time I checked they would only pull the price once a day. Not sure how much that would actually help
13.
by placeybordeaux 9y ago
Yeah bitcoin is distributed, it functions as if it has a ~10m global semaphore. The actual details are much more complicated, but with the current design you are not getting around that, current efforts are to build systems that only settle
14.
by placeybordeaux 9y ago
What places take BTC in caphill?
15.
by placeybordeaux 9y ago
By bitcoin fraud do you mean frauds that are 'settled' in bitcoin or counterfeiting? The protocol stops counterfeiting, the miners stop individuals from failing to fulfill a payment (i.e. stops double spends) and theft is governed
16.
by placeybordeaux 9y ago
If we decide to say that iron is gold as well then we have created more gold on our whim. Bitcoin is defined as having only 21 Million tokens in supply. Until the majority of people change their belief in that it will have that many.
17.
by placeybordeaux 9y ago
tether seems like garbage to me, I wouldn't trade BTC for tether.
18.
by placeybordeaux 9y ago
Could you elaborate on how the second source is about censoring/tracking users?
19.
by placeybordeaux 9y ago
I haven't seen the hashrate drop when the price drops. We may be more limited by supply of ASICs than the price of electricity.
20.
by placeybordeaux 9y ago
You need the proof of replication to show that a storage contact is being fufilled, not to secure the chain of blocks. proof of replication could be adapted to protect the chain, but that's not how it works at the moment. At least as f
21.
by placeybordeaux 9y ago
Filecoin and sia are not proof of storage. They are both proof of work, in fact filecoin runs on Ethereum. Not sure about Storj or Maidsafe.
22.
by placeybordeaux 9y ago
So instead of running through circuits that are stateless you'd run through circuits that are stateful. I don't see how this would assuredly reduce the total energy used.
23.
by placeybordeaux 9y ago
You can also monitor the network traffic, audio takes up a decent chunk of data. You can decompile the app and see what it does.
24.
by placeybordeaux 9y ago
Yeah as a proponent of bitcoin and cryptocurrencies I think it's important to recognize how they first established value. The only people that really had a self interested reason to use cryptocurrencies are people that were poorly serv
25.
by placeybordeaux 9y ago
Just don't buy any of the newer cryptocurrencies. There's much less risk involved in the older cryptocurrencies. That being said bitcoin seems intent on tearing it's self apart at the moment. If you want to choose a cryptocur
26.
by placeybordeaux 9y ago
Given the amount of people that suggest blockchains in a trusted environment it seems perfectly reasonable to reiterate that you don't need a blockchain to have distributed consensus. I was hoping for something different given the titl
27.
by placeybordeaux 9y ago
Wow the install looks like a pain in the ass.
28.
by placeybordeaux 9y ago
But it's not solved so the smuggling will continue.
29.
by placeybordeaux 9y ago
The purpose of prisons isn't well agreed upon. It could be for keeping the population safe from people that would do them harm. It could be to punish those who do harm because those who do bad things deserve to be punish. It could be m
30.
by placeybordeaux 9y ago
That argument leaves a lot to be desired. Congrats on your "stuff" degree.

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