yafujifide

10 ms·

31.
by yafujifide 11y ago
> What about all of the thieves that have already locked up a significant amount of bitcoin? That is a risk, but it is hard to do and wouldn't work most of the time. > Maybe that would give rise to DaaS (downvoting as a service)
32.
by yafujifide 11y ago
> How/where would content be stored? Modern web browsers have a real database called IndexedDB. The users store the content. Most users, of course, would not store most content. Users that wanted to could run the app full-time on th
33.
by yafujifide 11y ago
The need for a true, decentralized p2p network is to solve the problem once and for all so that we can shed all of the moral hazards around having a company at the center. If a company starts the project, and abandons their ideals and start
34.
by yafujifide 11y ago
"Upvoting" on such a system would be a little less like voting and a little more like tipping - think Changetip. There are some real problems here. What if a user pays theirself, thus voting their own content up? One way to solve
35.
by yafujifide 11y ago
I find it encouraging that someone hates the idea so strongly. This idea has potential.
36.
by yafujifide 11y ago
Author here. AMA. Happy to work out the details of how this would work if anyone would like to see. It takes a little more than just "bitcoin" - you don't want most transactions to be on the blockchain, for instance. Instead,
37.
by yafujifide 12y ago
Twitter should be on the list of alternatives. I have found twitter to be a more valuable professional tool than LinkedIn (though I doubt my experience is like others).
38.
by yafujifide 12y ago
I don't think anyone is going to run a full node in a browser any time soon, but if they do, IndexedDB.
39.
by yafujifide 12y ago
I have no idea if they would be interested, but I would be happy to help write any such blog post, so as to make sure the technology is accurately represented.
40.
by yafujifide 12y ago
Issuing shares to millions of people would have made reddit a public company. reddit did not want to be a public company. This is a contradiction.
41.
by yafujifide 12y ago
Turns out I wasn't rate limited - I wasn't seeing the "reply" button because of a completely different mechanism on HN that makes the reply button not appear for some comments that may be involved in a flaming or somethi
42.
by yafujifide 12y ago
For sure! I'm a strong believer in transparency. Trying my best to be open and honest.
43.
by yafujifide 12y ago
Well I'm not really sure, because it felt extremely turbulent while I was there for my brief 4 month tenue. I think the culture will change. I think the culture was a little more loose, autonomous, and with little management before. I
44.
by yafujifide 12y ago
Yes, that is the primary concern. "We" in the bitcoin community haven't yet figured out how to write 100% correct alternative implementations of bitcoin. We will have to figure out how to do that first before I would ever rec
45.
by yafujifide 12y ago
Not in the form of a webapp. It would have been a browser extension and/or mobile.
46.
by yafujifide 12y ago
Yes exactly. I think people who are not whatsoever involved in the javascript world assume that javscript means "delivered by a webserver", which is just not necessarily true.
47.
by yafujifide 12y ago
Thanks, that's exactly what it was! That's why the "reply" button was not appearing, and I thought I was rate-limited. This very thing happened to your comment - I am replying by visiting the permalink.
48.
by yafujifide 12y ago
> The "reddit is giving 10% of its shares to its users" thing was very positively received. My understanding was that redditcoin was part of that effort. Is the 10% thing still going to happen in some way? If not, why not? I th
49.
by yafujifide 12y ago
Yes, agreed. I don't think there is necessarily anything bad or wrong about what happened. Writing a blog post about "we're cancelling cryptocurrency and firing the enginer" would have made it into an even bigger deal th
50.
by yafujifide 12y ago
Another piece of drama that happened last year was that reddit let a former employee go, who made an AMA about it, and then Yishan publicly criticised the former employee. The new leadership is probably very, very hesitant to say anything a
51.
by yafujifide 12y ago
Sorry, it seems I can see the reply button now. That may have been my error.
52.
by yafujifide 12y ago
Had I been consulted before "reddit is issuing shares on a cryptocurrency" was announced, I would have suggested doing something with less legal headaches first. It would take a $100 billion dollar company, much larger than reddit
53.
by yafujifide 12y ago
If you know much about the bitcoin world, implementing a new "cryptocurrency" is not exactly a technical challenge. I never created one because I could have done so during any one-week or so period of time. The problems were entir
54.
by yafujifide 12y ago
Yes, he quit over a disagreement about the precise location of the office. Definitely camel's back. Reddit has been through a lot of turmoil recently: 1) Moving entire remote company to SF 2) Raising $50 million 3) Many employees, some
55.
by yafujifide 12y ago
1 month severence
56.
by yafujifide 12y ago
That has nothing to do with javascript-the-language, but rather the way the web works. Obviously even with https, javascript delivered by a web server has a vulnerability whereby the web server may be compromised, which is outside of the us
57.
by yafujifide 12y ago
There is no working javascript full node. I believe the future of bitcoin is brighter if there are many independent implementations of bitcoin running as full nodes. I want bitcoin running in a browser because browsers work on every platfor
58.
by yafujifide 12y ago
Why isn't what being brought to the reddit userbase? That they fired me? That reddit notes is now paused? They are probably waiting for the right time to make an announcement I guess. They probably didn't realize that by firing (o
59.
by yafujifide 12y ago
Yeah $50m is a lot. We would have hired several more cryptocurrency engineers. Not any more. I'm not exactly sure how they are going to allocate resources moving forward, but you can see who they are hiring here: https://www
60.
by yafujifide 12y ago
It's pretty simple. I was hired by Yishan and reported directly to Yishan to lead the cryptocurrency engineering wing of reddit. This was his idea - and I was happy to lead it. Yishan then suddenly quit, and new leadership took over. T

More ›