Viewing profile — placeybordeaux

Authoritarianism in practice. There's no reason why socialism would need to have such insane monetary policies.

They only lose the caching effect.

IPFS mirror: https://gateway.ipfs.io/ipfs/QmZ1y9U9KRuGBVUisc1YbXrjp8tDXGe...

There is nothing to say that all coins need a fixed supply. It wouldn't be hard to establish voting to release a given amount of funds/authorize the selling of bonds. All blockchai…

I don't think a stablecoin has been made, or at least if it has it hasn't found wide adoption. That is part of the problem, if people couldn't make profit off of speculating on bit…

That site is saying 0.3 USD. I wouldn't call that pennies.

In the worst case (1 tx per channel) LN would actually double the # of tx. I am really looking forward to LN being really tested, but the thing that worries me is that the security…

I was just pulling up avg tx fees. I realize that tx cost on ETH varies highly, do you have a preferred site to tell what contracts are economically viable for what amounts? For in…

I sent my friends 50 bucks worth of BTC for christmas time. At that point the fees for regular tx were ~5 bucks so I just bundled them and payed less than a dollar per send, making…

Bitcoin is likely going to remain the most conservative of all the cryptocurrencies. Even the most liberial of them is having trouble scaling to the current demand. The current dem…

I was just reviewing the avg tx fee on major coins. Micropayments aren't possible on any widely accepted coin. BTC has hit 20 USD a tx (albeit without segwit). It's looking a littl…

Last time I checked they would only pull the price once a day. Not sure how much that would actually help

Yeah bitcoin is distributed, it functions as if it has a ~10m global semaphore. The actual details are much more complicated, but with the current design you are not getting around…

What places take BTC in caphill?

By bitcoin fraud do you mean frauds that are 'settled' in bitcoin or counterfeiting? The protocol stops counterfeiting, the miners stop individuals from failing to fulfill a paymen…

If we decide to say that iron is gold as well then we have created more gold on our whim. Bitcoin is defined as having only 21 Million tokens in supply. Until the majority of peopl…

tether seems like garbage to me, I wouldn't trade BTC for tether.

Could you elaborate on how the second source is about censoring/tracking users?

I haven't seen the hashrate drop when the price drops. We may be more limited by supply of ASICs than the price of electricity.

You need the proof of replication to show that a storage contact is being fufilled, not to secure the chain of blocks. proof of replication could be adapted to protect the chain, b…

Filecoin and sia are not proof of storage. They are both proof of work, in fact filecoin runs on Ethereum. Not sure about Storj or Maidsafe.

So instead of running through circuits that are stateless you'd run through circuits that are stateful. I don't see how this would assuredly reduce the total energy used.

You can also monitor the network traffic, audio takes up a decent chunk of data. You can decompile the app and see what it does.

Yeah as a proponent of bitcoin and cryptocurrencies I think it's important to recognize how they first established value. The only people that really had a self interested reason t…

Just don't buy any of the newer cryptocurrencies. There's much less risk involved in the older cryptocurrencies. That being said bitcoin seems intent on tearing it's self apart at …