tfha

29 ms·

271.
by tfha 9y ago
They are about to prove their network works after making unreasonable assumptions as prerequisites to the proof.
272.
by tfha 9y ago
The two issues are separate. Isn't there a lot of sound finical advise telling people to put money into the stock market? But isn't the stock market widely a greater fool game these days? Companies don't pay dividends anymore
273.
by tfha 9y ago
I've never really accepted this argument. If your money is inflating, that's incentive to spend because you know it's losing value. That's a terrible reason to spend money. If your money is deflating, you are still going
274.
by tfha 9y ago
I've also read that the devs have seized funds from users. Specifically, if you use the same address twice in IOTA (extremely common habit in cryptocurrency), you reveal your secret key, and the devs will take your money. Among many ot
275.
by tfha 9y ago
Single implementation is important for consensus systems. Look at e.g. the spurious dragon hardfork. The problem with multiple implementations is that if there is a tiny difference in behavior between them, you can only find out after damag
276.
by tfha 9y ago
Also, if we construct our society such that making false accusations is a way to get what you want, certainly the number of false accusations will rise.
277.
by tfha 9y ago
As a practical manager, I would require that either Alice or Bob switch teams, far enough that they no longer need to interact, and also give either the option to amicably leave the company. There's not much more you can do. You addres
278.
by tfha 9y ago
"don't work for that person, he rapes his employees" That statement needs to be backed up by hard evidence. It's a very terrible thing to accuse someone of such a serious crime. And if the statement is true, I somehow do
279.
by tfha 9y ago
Shouldn't we consider it a giant, massive red flag that you need a corporation backing you to maintain one of the most critical pieces of web software? That's how we ended up in this mess. You can't compete in the web browser
280.
by tfha 9y ago
No I think it's generally right. The boring company seems like a really silly idea. It's an extension of a broken transportation system. Cities scale with busses and trains. For some reason, the boring company wants to scale a cit
281.
by tfha 9y ago
Feel this is very appropriate after the net neutrality thread. Top comment was a very blatent red-vs-blue characterisation, which of course is not the right mentality. If we want to build a better world, we need to work together instead of
282.
by tfha 9y ago
They filed a Reg D exemption, which is different from a registration, but allows you to legally offer securities if you comply with a narrow set of restrictions.
283.
by tfha 9y ago
My understanding is that the SEC expects you to require proof of an alternate citizenship via a passport. Simply having a drop-down that users can lie about by clicking a box or using a VPN is not good enough.
284.
by tfha 9y ago
That is not a sharded blockchain and shares the same fundamental restriction: all nodes must verify all blocks. (though it does offer some nice improvements, we're taking factors of 2-5, not 100-1000)
285.
by tfha 9y ago
You may disagree with the solution, but I don't see how privacy can be preserved given the technology we are building. Cameras getting smaller, and better. Microphones getting smaller, and better. Drones getting smaller and better. And
286.
by tfha 9y ago
At some point we will have to embrace full loss of privacy. Today, only the rich and powerful have mass surveillance capabilities. But if we embrace surveillance, we can give that power to everyone. It's much harder to do selective enf
287.
by tfha 9y ago
I believe the original intention was that all nodes would be mining nodes, and that there would be tens of thousands, or even hundreds of thousands. I believe in 2008 Satoshi did not understand the full implications of ASICs or economies of
288.
by tfha 9y ago
At great cost to himself. Dumping coins like that is not free, you pay a huge price due to slippage.
289.
by tfha 9y ago
That's incorrect because of the assymetry between attackers and normal users. An attacker needs only generate as many transactions as the rest of the network combined, and indeed this isn't that expensive. A single consumer machin
290.
by tfha 9y ago
Stealing IOTA would be a severe felony and probably an international crime.
291.
by tfha 9y ago
IOTA is built by a bunch of technical founders who know enough about blockchain to confuse a lot of non-experts into thinking they are really smart and credible. But you will see very consistently in the cryptocurrency space that the expert
292.
by tfha 9y ago
It is too good to be true. And it's not true. You will not be able to find any major bitcoin devs saying anything encouraging about iota. Nor tangle/braid/dag researchers. Nor ethereum devs. Nor respected academics. Why? Beca
293.
by tfha 9y ago
EOS has made security compromises though. If you aren't validating every transaction on the network yourself you have no way to be certain that the money you are being paid is legitimate
294.
by tfha 9y ago
My experience is that by 13 years old a person has enough cognitive ability to understand and negotiate any rule. They lack the experience to negotiate every rule, but any individual thing they pick, from sex to drugs to skipping school, ca
295.
by tfha 9y ago
Best method is to use LUKs and then wipe the master key. Luks has a forensic stretching technique to take a 32 byte master key and stretch it to 1 MiB, such that loss of a single bit means the original key is unrecoverable. That really help
296.
by tfha 9y ago
That's optimistic and naive. See Intel/AMD. The problem there is that the cost of attacking the incumbent is billions of dollars, and generally you see no ROI at all until you've spent multiple billion. Market forces can ensu
297.
by tfha 9y ago
And in fact, a viable competitor alone is often enough to stop abusive behavior from the market leader. If the market leader knows that they will quickly use market share if they start abusing the users, they will not abuse the users. So a
298.
by tfha 9y ago
The legal and PR hurdles you have to go through, but especially the legal hurdles, are a lot more substantial.
299.
by tfha 9y ago
Is there any evidence of Bitcoin being used by terrorist groups? Wouldn't that be a terrible idea for the terrorists?
300.
by tfha 9y ago
If you think doing traditional fundraising is bad, you should try doing an ICO. Easily 5x worse.

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