shrimpx

102 ms·

1051.
by shrimpx 9y ago
There is zero concrete proof, only people sharing their theories and beliefs so far.
1052.
by shrimpx 9y ago
The truth is that nobody knows. We'll have to wait for an audit or a lawsuit to learn the truth. People are sounding alarms based on the amount of Tether being transferred to exchanges, creating theories that they must be printed from
1053.
by shrimpx 9y ago
To the dozens/hundreds of complaints like this, there are tens of thousands of non-complaints that you don't ever hear about -- users who use the service to buy/sell/withdraw without issues. People are particularly emoti
1054.
by shrimpx 9y ago
It's true. Alternatives like Proof of Stake, Delegated Proof of Stake, Proof of Importance, etc., try to fix the energy waste problem. They follow similar reasoning to Proof of Work, using financial incentives to keep miners honest. Th
1055.
by shrimpx 9y ago
The core innovation in the original paper by Satoshi Nakamoto is Proof of Work: A system where people secure the scarcity of a decentralized digital quantity by spending compute power in order to be rewarded units of the same digital quanti
1056.
by shrimpx 9y ago
Any proof?
1057.
by shrimpx 9y ago
How do you distrust governments and Google, Apple, Facebook, Samsung, HTC, Verizon, Comcast, etc., while still using the internet meaningfully, or really, participate in society meaningfully? In the current climate pretty much everybody und
1058.
by shrimpx 9y ago
Getting rid of the GIL is a big change. In py2.7 CPU-heavy threads are useless -- they lock up the process and starve other threads. py2.7 threads are only good for I/O heavy work. You can use multiprocessing in py2.7 but with a lot of
1059.
by shrimpx 9y ago
A typical service has many types of dependencies including filesystem layout, the presence of specific executables at specific versions, rpm/deb packages at specific versions. Different services make different assumptions and evolve at
1060.
by shrimpx 9y ago
It's typical of Seattle culture to blame some incoming tech movement for ruining culture. What people seem to constantly miss is that before Amazon, this was a Microsoft/Cisco town. Long before that, it was a Boeing town. Seattle
1061.
by shrimpx 9y ago
Node doesn't eliminate parallelism, it just pushes it outside of JavaScript. A node-based system is parallel at multiple levels: within the process itself library calls can run in parallel, and like you suggest, you have many parallel
1062.
by shrimpx 9y ago
It's a cycle that keeps happening. Emergent art becomes tokenized and commercialized. The challenge is to keep staying edgy and onto new things.
1063.
by shrimpx 9y ago
A large set of small loosely-connected groups is an alternative. Groups can communicate with other groups on a need basis. This might be a pipe dream. Some would argue that the emergence of an uber-group that every other group must subordin
1064.
by shrimpx 9y ago
Good point. I think what you're hinting at is good if all or the vast majority of people are on board. In my experience this is not generally the case. People usually climb up the authority ladder not because they are emphatic toward o
1065.
by shrimpx 9y ago
Great points. By "act on their own vision" I mean technical vision, the how to solve a problem, not which problem to solve. In my experience this is where many engineers become depressed and want to quit. They're interested
1066.
by shrimpx 9y ago
There's a tension between "everyone writes some of it" and individuals having autonomy to focus and make decisions. If everybody has autonomy in a shared codebase, you end up with a heterogeneous spaghetti of unrelated design
1067.
by shrimpx 9y ago
How is it more difficult to rewrite history in pow? Maybe only if you want to stick to the same exact algorithm going forward. But a modified node can do whatever it wants, including rewriting the blockchain from the beginning to use a diff
1068.
by shrimpx 9y ago
51% coalitions can also create alternate histories in PoW by agreeing to run a modified version of the client. There is negligible thermodynamic cost to rewriting history when you control a majority of the nodes. Pow is really an incentive
1069.
by shrimpx 9y ago
And of course you trust your own skills keeping your devices, passwords, keys, totally secured from outside access, and not making the zillion tiny userland mistakes that get your Bitcoin lost or stolen.
1070.
by shrimpx 9y ago
In addition to math and physics, you also trust the durability of infrastructure, the correctness of the software, the moral compass and cohesion of the developers, that there will be no 51%+ mining coalitions, that if there are they'l
1071.
by shrimpx 9y ago
Humanity needs a constantly rising amount of processing power to keep pace.
1072.
by shrimpx 9y ago
What if trade is essential to survival, and gold checks all the marks as the medium for trade? Of course this could only be the case in a primitive society. If you believe contemporary society could revert to a primitive one, then you would
1073.
by shrimpx 9y ago
Copy on write. :D