web3isgoing

6 ms·

31.
by web3isgoing 4y ago
Most of the negative comments on this thread read like knee-jerk reactions. I'd wager that many of them see blockchain as Bitcoin, and they are not cognisant of newer developments like zero knowledge proofs, verifiable computation, and
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by web3isgoing 4y ago
You would think a message board called "hacker news" would be more open to blue sky thinking. Zero knowledge proofs and a tamper proof ledger of timestamped cryptographic signatures could open up new use cases that are different t
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by web3isgoing 4y ago
Ethereum energy consumption is now negligible: https://ethereum.org/en/energy-consumption
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by web3isgoing 4y ago
Document signing: vitalik.eth signs a PDF, everybody can verify the PDF is signed by his private key. He has to broadcast his public key for this, and probably also a content hash of the document so that we can be sure we are verifying the
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by web3isgoing 4y ago
This is a shallow and narrow way to view crypto, and describes the typical incurious HN view that crypto is just a big ponzi. Another way to view it, is as a digital economy running on a different set of technologies. You don't need to
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by web3isgoing 4y ago
The fact that I can still access tornado cash website through IPFS and dAppnet does imply it is more accessible and censorship resistant. We are talking about ENS pointing to an IPFS website here, not the smart contract addresses that the E
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by web3isgoing 4y ago
I could be wrong, but I do not believe ActivityPub spec actively outlines suspension rules, instead letting servers decide how to moderate their content. Same with clients on top of ENS and the blockchain. These moderations already exist on
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by web3isgoing 4y ago
The real world problems are still being solved, just off-chain. I made a similar example with Mastodon: no central entity controls Mastodon, so x@x.com and x@x.xyz might be owned by different people, one impersonating another, and you can&#
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by web3isgoing 4y ago
ENS avoids this dispute mechanism by design, to avoid the need for a central third party. > If the holder is using it maliciously to scam people by tricking them into thinking it's the real Apple, then yes! Try applying your logic t
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by web3isgoing 4y ago
I understand how DNS works. The design goals of ENS are not the same as DNS. There is no "trusted third party" in ENS because the system aims to be trustless, decentralized, ownerless, and censorship-resistant. Even in extreme sce
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by web3isgoing 4y ago
Why does a decentralized protocol need to be amenable to these disputes? Saying “we will have a jury of appointed authorities to manage disputes” defeats the point, and is what ENS tries to avoid. If apple.eth is held by a squatter, should