Viewing profile — gibsons77

Also known as the oracle problem. Some platforms find solutions to this in a decentralized way, see Augur. The solutions to real world data being inputted into a blockchain is an e…

Is Elixxir just another dPoS system?

I have a question. Why do cryptocurrencies illicit such strong responses from both sides?

There's a way to store this in an immutable and trustless manor, but the B word gets a lot of push back around here.

"When will this internet hype finally die?"

I don't see this ever being an issue, frankly.

Right. Perhaps comparing the coo to checkpoints isn't an apt analogy. However, the intent is the same. Without a coo, transactions would be probabilistic and confirmed once they we…

Right, but that's thanks to innovation in the digital media space and subscription models, not necessarily regulatory pressure.

Hence the word analogous. They are both training wheels for their respective networks.

You've just described Bisq

Sounds like torrents all over again, i.e. a giant waste of resources. Criminals will always be one step ahead of the DOJ or any other regulatory body.

IOTA is moving towards an open source coordinator (released today on github), and eventually coordicide (which is what it sounds like). It's been the goal of the project from day o…

And also not accurate.

That's just due to liquidity. The peg is maintained through arbitrage, so of course if you have low liquidity you're going to have fluctuations around the peg.

Duped? I use gitcoin now to build software projects. Is that use case a figment of my imagination? And nice concern troll. I think there are two types of people in crypto. Some lik…

Isn't traceability a positive aspect for cryptocurrency in this case? You've got nothing to worry about if you're an honest investor, and frankly, this is one of the benefits of a …

There's a decentralized peg to USD called DAI which is backed by ETH as collateral. It's maintained the 1$ USD peg throughout the entire crypto bear market. MakerDAO is quite impre…

I've used it and it's fairly straight forward if you're tech savy. I bet on the midterm election, and the price of ETH. Since it's just a set of smart contracts, I expect market ma…

I remember showing a friend this really crappy online video stream in the late 90s, and I think he said something like "How can this ever be useful? I can rent a DVD and watch high…

That's just simply not true. Stock markets / futures markets are not decentralized in any sense of the word. You still require a 3rd party if you're going to trade derivatives over…

I agree that this particular example may not seem useful (since there are other, centralized ways to trade AAPL derivatives), but the useful thing here is that it's all within the …

Yeah, but it's a stablecoin pegged to the USD. This allows other projects, like dydx to create derivatives products based on this peg. You have other protocols that use the DAI peg…

So you think decentralized finance is a ruse? I can trade AAPL stock derivatives using ETH on the blockchain today. How is that not useful?

I guess DAG with a merkle tree data structure would be more appropriate. Blockchain should be reserved for DAG's that use Nakamoto Consensus (or similar) to determine the longest c…

There is an EIP 1337 "Subscription Services on the Blockchain" that I think will supplement/replace tokenomics. It's what it sounds like, a decentrilized subscription protocol that…