sanswork

70 ms·

931.
by sanswork 10y ago
Question for you. Say I want to pay Bob $0.001. That's too small for a bitcoin transaction since the fee is higher than that. So from what I understand I would "load" say $10 into the lightning network then create a transac
932.
by sanswork 10y ago
If they want them to happen the Core Development team can't do anything to stop it. They can huff and puff but if everyone moves to another fork they lose all power. So if every major company and mining pool really wants it why haven
933.
by sanswork 10y ago
Why do you think Blockstream would capture a large part of that market? They are only known by people who care specifically about the implementation of bitcoin. If you did a survey of just users I doubt more than 50% would know them. The
934.
by sanswork 10y ago
How do you know the vast majority has been trying to do it?
935.
by sanswork 10y ago
You're assuming most drivers on the road are attentive.
936.
by sanswork 10y ago
It doesn't scale.
937.
by sanswork 10y ago
How does Step 3 work? How is Blockstream able to siphon Billions from Lightning?
938.
by sanswork 10y ago
I've read what happens often is that when heroin addicts relapse they often don't account for the dropped tolerance while they were sober and they start back at the same levels as when they were using and because of that OD. I&#x
939.
by sanswork 11y ago
I just got my AU PR(partner) and the people from India had multiyear waits for their applications to be processed. Are you eligible for a working holiday?
940.
Optimizing the keyboard(shawnonthe.net)
1 points by sanswork 11y ago|0 comments
941.
by sanswork 11y ago
Even that bit has a lot of gravel deposits on the ORM.
942.
by sanswork 11y ago
You're thinking of coinbase. Coindesk is s blog
943.
by sanswork 11y ago
If you do something like a larger block it doesn't matter if you have the longest chain because no one will be relaying it.
944.
by sanswork 11y ago
No chargebacks - this is a huge negative for users Low tx fees - most users currently don't see tx fees with most payment systems. Bitcoin puts them on the user. Sensitive data - if you consider a credit card number sensitive you are
945.
by sanswork 11y ago
In one you have you remember the attributes of the cards in the other you just have to maintain a running total. They are very different skills.
946.
by sanswork 11y ago
Nothing except that it is enough to download all the data required at the moment. Ya they are. If you're not a full nose you're not contributing to the network you're just adding load to the full nodes.
947.
by sanswork 11y ago
It will if you don't want to just be a leach node. Most home 10mb connections have less than 1mb up.
948.
by sanswork 11y ago
But that's a very different skill from counting cards.
949.
by sanswork 11y ago
Youre talking only about the storage which doesn't matter. You still need a system built around the database to handle known ordering of entries and immutability. So you can either hack something together or just use a blockchain whi
950.
by sanswork 11y ago
Missed that. Thanks for the info.
951.
by sanswork 11y ago
Are you confusing the Linux foundation with the Bitcoin foundation?
952.
by sanswork 11y ago
Search for visa stress test they can handle over 56,000 tps. You could write a centralized system that interfaces with millions of partners handles tens of thousands of transactions per second and does fraud detection? Do it. You sound lik
953.
by sanswork 11y ago
Visa runs a network that today can support 15,000-45,000 times as many transactions per second as Bitcoin. So the first answer would be a network that can handle success. Secondly they do the fraud management and detection. It doesn'
954.
by sanswork 11y ago
No but that doesn't make this a good way or a safe way. I don't have much faith in openbazaar either because they offer nothing more than a shopping cart software would get you but require a software download to use.
955.
by sanswork 11y ago
If you think visa,MasterCard and PayPal do shit all you are probably super ignorant of the payments space. Again you thinking banks don't make much from credit cards reenforces that you are just ignorant of the space. Remittance only s
956.
by sanswork 11y ago
The history of letting others look after your coins is full of a lot of people without coins anymore.
957.
by sanswork 11y ago
How much do you think banks pay those other middlemen? Sure there is I already gave it. It's difficult(though not impossible) and very risky to withdraw large amounts of cash from skimmed cards and that's to chip and pin that&#x
958.
by sanswork 11y ago
But not many. Almost everyone will take the loss because the cost of saying screw you is double the cost of the product itself. They could cut their losses get half back and buy the product elsewhere and they'd have the same amount o
959.
by sanswork 11y ago
It does but the developers think it would be hard and you'd have to audit the code for information leak points. You might as well just write a replacement from the ground up with that in mind.
960.
by sanswork 11y ago
That's the risk you agree to when you accept credit cards as a merchant. You can take actions to reduce that risk but you can't completely remove it. In exchange you get access to millions of additional customers. Almost no one

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