zby

62 ms·

721.
by zby 9y ago
The numbers are about throughput. Bitcoin has 7 TPS throughput and VISA has 50K TPS (peak) throughput. With regard to latency bitcoin is still worse in practical applications - because VISA confirms a transaction immediately even if as you
722.
by zby 9y ago
Well - increasing the block size is not costless - it is not just pushing the gas pedal a little more like in your example.
723.
by zby 9y ago
It is probably not possible to solve the scaling problems on-chain - a secure decentralized consensus on a global scale cannot be fast. Currently the bitcoin protocol processes about 7 transactions per second. Doubling the speed by doubling
724.
by zby 9y ago
I can imagine a future where bitcoin plays a role similar to what gold does now. This would not require much scaling - it would be about few, but high value transactions. But yeah - more probably it will be replaced by something else that w
725.
by zby 9y ago
Between gambling and investing there is speculating. I believe there are ways to have an edge in cryptocoin speculating - it is unfair to say that it is all gambling. I cannot say I am very good in this game, there are people at the chats w
726.
by zby 9y ago
This returns 403 Forbidden for me.
727.
by zby 9y ago
QubesOS boots vms from templates, only /home changes survive.
728.
by zby 9y ago
I would like to know if anyone reading Hacker News invested in BNT. Or any other token. They look so obviously overpriced - it is difficult for me to understand why people are buying into this.
729.
by zby 9y ago
If you are systematically under-estimating (as most novice estimators - people tend to be optimistic) - then you can calculate how much you usually under-estimate and then adjust.
730.
by zby 9y ago
Army is created to do arguably worse things than spies. There are people who completely reject the idea of military - but the bulk of society tend to accept it as a unavoidable and tries to control it and make it least evil possible. Some
731.
by zby 9y ago
The best book I have read on software estimation is: http://www.stevemcconnell.com/est.htm My best short advice would be: always try to make an as detailed as possible list of tasks and estimate them independently - this wa
732.
by zby 9y ago
What is that NPV that thay are talking about? When I look at http://www.investopedia.com.. . (or https://en.wikipedia.org/wiki/Net_present_value ) I see following formula: NPV = sum { C/(1+r)^t } - C0 -
733.
by zby 9y ago
"Lower fees mean that miners make less money" - not really. There are two mechanisms: 1. The congestion would mean bigger fees 2. In bigger blocks there will be more transactions - so more fees in the block The most proba
734.
by zby 9y ago
But he coined the name.
735.
by zby 9y ago
Another hypothesis - kids now are overstimulated, their brains are saturated with new stuff, but have not time to process it deeply. The deep processes are mostly activated when there is nothing new to register - i.e. mostly when the child
736.
by zby 9y ago
I really like what Buterin writes - but Cryptoeconomics is a misleading name - it more like crypto-game-theory i.e. much narrower than the name suggests.
737.
by zby 9y ago
Yeah - I have been scratching my head ever since I read this.
738.
by zby 9y ago
I have not checked it - but there probably is a guarantee of limited supply - the contract that generated them is already in the Ethereum blockchain and it cannot be changed.
739.
by zby 9y ago
This whole ICO affair will not end well. Here is a guy complaining about not being able to buy the BATs at the crowdsale: https://www.reddit.com/r/ethtrader/comments/6efsc8/bat_ico_w... - this is a serio
740.
by zby 9y ago
The problem is with deployment, not with development. The code is there.
741.
by zby 9y ago
I sometimes use the depth as an indicator - I admit. But it is so easily manipulated that its usage is very limited.
742.
by zby 9y ago
I think this should be analyzed in connection with Uber's GreyBalling ( https://www.google.pl/search?q=greyballing ), and maybe also with the diesel emission cheats. Corporations are gaining power and sooner or later the
743.
by zby 9y ago
"This story is incredible - it shows a massive failure" - I don't see how it is 'incredible' - the history of CIA is a 'Legacy of Ashes' https://en.wikipedia.org/wiki/Legacy_of_Ashes_%
744.
by zby 9y ago
The main problem for investors is the principal-agent problem - simply that the managers of the company will use the funds invested into it for their own advantage instead of advancing the company. There are degrees of this - from blatant f
745.
by zby 9y ago
The cancer metaphor seems very artificial - it is only about the exponential growth with no underlying model. Without the model exponential growth means nothing - because you don't know how to extrapolate the current trend.
746.
by zby 9y ago
It makes sense to have two similar but independent cryptos - if one falls into some crazy governance stalemate the other can go on.
747.
by zby 10y ago
Online, where many people shed all their inhibitors, we can see the social value of shyness pretty well.
748.
by zby 10y ago
The problem of attribution is much worse with cyberweapons than with anything that has to be delivered physically. That makes any treaty impossible to enforce.
749.
by zby 10y ago
One thing is the influence of Facebook on the USA population and on politics there. This is dangerous - but I am sure that it will be reined in. It is yet another thing for non USA residents. With Facebook all the notions of sovereignty go
750.
by zby 10y ago
How about anti-monopoly laws?

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