x-complexity

41 ms·

391.
by x-complexity 4y ago
The micropayments use case was highlighted in the Brave Browser's whitepaper: https://basicattentiontoken.org/static-assets/documents/Basi... I will admit that this venture has user-related problems, in that
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by x-complexity 4y ago
The point of the thought experiment is to get the non-math-inclined thinking about how they would try to get to the desired result within a limited set of tries: Practical considerations are to be ignored specifically for this purpose. By g
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by x-complexity 4y ago
> > concerns about the centralized nature of such a storage solution CANNOT be launched by critics: It was their criticism of decentralized storage solutions that caused the shift towards standard trust-based storage solutions, and th
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by x-complexity 4y ago
> > This doesn't mean that research into decentralized & computationally-assured data storage techniques shouldn't be pursued. > No, it doesn't, for one simple reason: blockchains is not the only such tech Again,
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by x-complexity 4y ago
> > I'll admit that a normal blockchain would be impossible to store that level of transactional data. Of course that doesn't mean that it isn't possible to store it in a decentralized manner > Translation: blockchai
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by x-complexity 4y ago
> There is an interesting false equivalence here between pension funds and banks. The dissimilarity of pension funds & banks is present, and so there's no opposition to that objection. > But it's a personal annecdote, so
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by x-complexity 4y ago
> No, I am sure this happens, but at $50B, really? Maybe I don't understand something, but the absolute amount sound impossible to me. I mean, no matter how much collateral you are going to offer, to borrow the money, you need someb
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by x-complexity 4y ago
> Don't forget that tweets are not just tweets. In 2016 Twitter handled 3000 images per second (around 20GB per second). The number undoubtedly increased since then. There's also video. > Good luck storing those on blockchai
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by x-complexity 4y ago
> What kind of blockchain would actually be able to deal with the expected transaction count? According to [1] Ethereum peaks out at 15 transactions per second, but [2] claims around 6.000 tweets per second on average. Admittedly, the on
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by x-complexity 5y ago
> Both are separated subjects. The article is talking about content consumption and how algorithms would be controlled with this law. Government tracking is a different matter. They aren't separate, in fact in the case of regulation
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by x-complexity 5y ago
Overcollateralized loans are a real thing, & when used right offer substantial opportunities in risk hedging, leveraging, & limit sells. He'll need to post ~$55B in stocks to make it happen, but it's doable. https:/&
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by x-complexity 5y ago
> You're very naive if you think that corrupt governments won't have power over blockchain-based technologies. In the strictest sense: Yes, with enough coercion, a small blockchain could be influenced. However, from a practical
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by x-complexity 5y ago
> Scaling L1 is a tough-to-impossible proposition. There's just no way to store everyone's transactions on everyone's computers. This is the comment that made me sign up for an account: Thanks for doing that, danuker ;) In