sum627u

4 ms·

1. 1.▲
   by sum627u 9y ago

   There's essentially no legitimate use case for crypto-currency. Cypherpunks have been at it for decades and all they have to show for it is drugs, ponzis, assassination markets, and conspiracy theories. It would be nice to see some sor
2. 2.▲
   by sum627u 9y ago

   > The meatspace system seems very stable until you realize that it's highly brittle. It's impossible to meaningfully measure firm solvency risk, because the behavior of the "VM" is so unpredictable. Actually, it'
3. 3.▲
   by sum627u 9y ago

   re: sillysaurus3, the "core" wallet is possibly even worse than parity. Why wouldn't you be as safe using the most popular one with the most eyeballs? If someone steals your coins from the "core" wallet, they'r
4. 4.▲
   by sum627u 9y ago

   Safety-critical software, for flight in particular, is required to meet rigorous certification standards and processes specified by law that include independent engineering review. You can't just slap in something from github, write so
5. 5.▲
   by sum627u 9y ago

   This is nonsense. Ethereum is uninsurable. The turtles-all-the-way-down notion that you can wrap a bad "smart contract" in a bad "smart insurance contract" and buy Ethereum insurance from an Ethereum insurer and prove th
6. 6.▲
   by sum627u 9y ago

   And there's more Ethereum now. The DAO was a ~$50 million fraud. This was a ~$30 million fraud. Obviously this is totally different and there's nothing we can do about it and it's just fine. People should have known better th