tatertots1234

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by tatertots1234 4y ago
Are you objecting to the cryptography and theory of ZK-SNARKs or the fact that not enough production grade applications are using this new tech to your expectations? Proving systems like Groth16 and TurboPLONK have only recently gotten to a
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by tatertots1234 4y ago
PGP is an encryption technique, it doesn’t include any robust and tamper proof timestamping mechanism. To uphold the veracity of a time stamp and to make a PGP message censorship resistant you need either a trusted authority to continue to
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by tatertots1234 4y ago
Over ~13 years into Bitcoin, only ~7 years into Ethereum and less than two years into much of the applied zkp tech that is now driving blockchain scalability and privacy. There’s a variety of ideas in human history that take decades to matu
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by tatertots1234 4y ago
The idea of E2EE in chat is that the chat operator does not have access to the data, and so even the government cannot request this data (and build surveillance mechanisms around it). I don’t agree with your other point. Whether somebody sp
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by tatertots1234 4y ago
If you don’t like part of Ethereum’s protocol, you can fork it today. It’s open source. It doesn’t mean anybody will follow your chain.
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by tatertots1234 4y ago
The engine’s use is to turn energy into mechanical motion, and from that we can build a variety of utility on top. The chain’s use is to provide a secure layer for signed messages. It might be a dissident writing a message that cannot be re
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by tatertots1234 4y ago
OP asks for a use, I provided. You say it is not a use, it’s “what it does.” Yes, it’s exactly what it does? That’s what it’s being used for.
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by tatertots1234 4y ago
Yes, if the vast majority of the users in the network come to clear consensus on forking the protocol to enact a single change, they can do so. This is not a bad thing, it’s similar to how we fork our laws in the real world as we realize th
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by tatertots1234 4y ago
You can jail a person but the contract or message they deployed, which may include private encrypted information or even be a fully fledged blockchain application, is still accessible and functioning as it was before. That is the point of t
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by tatertots1234 4y ago
Pretty much. Now VISA has to compete with every other protocol deployed on the permissionless network, some of which may charge lower to no fees and provide different user experiences. Users can also, as they desire, connect with the base l
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by tatertots1234 4y ago
> Very simple, throw the wallet holder in jail. This has no effect on the on-chain transaction, message, or application, which remains widely distributed across all nodes in the network. Tor is great but has different design goals, such
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by tatertots1234 4y ago
re: censorship, prove to us how you would go about censoring an Ethereum transaction please? re: timestamp, prove to us how easy it is to build a distributed and tamper-proof append-only ledger without a BFT consensus mechanism? The technol
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by tatertots1234 4y ago
Yep, every time crypto is on the front page you have nocoiners and web3 pumpers making the same ridiculous blanket statements, and then some people in between trying to discern the reality of the situation.
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by tatertots1234 4y ago
> By itself it has no uses besides speculative gambling. And the earth is flat, and I refuse to accept any evidence to the contrary. A simple example of crypto being useful is as a timestamped, censorship-resistant and tamper-proof ledge
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by tatertots1234 4y ago
Your post is so perfectly in line with the blanket dismissal and absolutist attitude of the letter that you could pass as one of the authors. Crypto has its uses. Crypto also has lots of scams. Crypto bubble popping will not destroy the sca
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by tatertots1234 4y ago
This line is drawn by society. At one point we did not see the need for E2EE or peer-to-peer file sharing, and now some of us do. At one point we did not see the need for privacy preserving digital currencies and peer-to-peer transactional
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by tatertots1234 4y ago
You realize that in many countries, credit cards are not common? People pay for things online with their debit card all the time. Not all consumers need or want transaction reversibility, especially if they trust the contracts they are usin
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by tatertots1234 4y ago
The letter has some good and bad. Good because it advocates for more regulation and consumer protection, and points out some obvious concerns with crypto like energy expenditure in proof of work. Bad because the letter misrepresents the tec
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by tatertots1234 4y ago
Proof of Work and Bitcoin may be generally trash, and unless they evolve they will eventually crash and burn, but "crypto" on the whole encompasses a wide range of good and bad applications. Here's a prediction: Over the next
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by tatertots1234 4y ago
re: [2] Diehl regularly blocks users who point out that he works at or has worked at Adjoint, and blockchain-based information seems to have been scrubbed from its website. Why does he not talk about the fact that most of the tools he has b