Viewing profile — swensel

I do think blockchain analysis will get more advanced over time and people who think they are anonymous now may have a rude awakening years down the line, but from what I can tell,…

For me it is that I think the general public has no choice in the matter now, the banks and governments do. That is the difference I see.

Analysis of the transactions could lead law enforcement to the attackers before they try to cash out. Centralized exchanges may also flag the attackers when they attempt to cash ou…

Why Monero specifically though, with all the options in crypto available? If you want privacy there are also Zcash shielded transactions. Or if all you want to do is eliminate cent…

Blockchain forensics are already used for tracking transactions and these will get more advanced over time. I think saying "risk-free" is a big stretch. Yes, this is made possible …

> You can drink openly at the beach. In CA at least, drinking at most beaches is not legal: https://beachlifeexpert.com/beaches/alcohol-guide-california...

Speaking of jobs, at least in America, smiling is helpful even getting the job in the first place.

I don't like having to be on call 24/7 either and would prefer to work on a team that has 24/7 ops, so the devs don't have to do that. However, in the case of a startup where the d…

I'm aware of the ETC attacks. I don't think ETC can really be compared to BTC though. The ETC network is composed of the idealistic (or maybe stubborn) folks who didn't want to swi…

My understanding is those who have more coins on a PoS network have more stake / power. This can matter if there are things like on-chain governance / voting rights, depending on t…

Yes, I'd be curious what some PoS coin experts have to say about the centralization concern of PoS, and how network security and uptime is guaranteed in a PoS network that doesn't …

I do think there will be some centralization at the exchange level. As of April 2021, Kraken had 600,000 ETH staked for ETH2 [1]. It's not in the interest of Kraken or Coinbase to …

This is one thing I've been wondering about new projects that start with PoS. How do they have enough distribution of the coins in order for them to be resilient against attacks?

What would you propose the Bitcoin core team should switch to? Have you looked into the other algorithms, the feasibility of migrating of the existing network, etc.? It sounds more…

Are the people downvoting the above comment considering things like trapping excess flare gas [1]? This is energy that is literally wasted otherwise, and would be vented into the a…

Come on... PoW provides no value? So the almost $1 trillion in Bitcoin is just, nothing? Not worth anything? I think the people invested would beg to differ.

Are there any proven PoS coins out there yet that have demonstrated resiliency under an attack? Honest question.