101–110 of 130 posts
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No. Give up. It's over. Use context clues. Not a statement on the merit of cryptocurrency or your reasoning, just a descriptivist observation.
I don't care one way or the other but I don't see 'crypto' being that widespread yet.
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Said biodiesel nut never once mentioned sugar cane, soybeans was the frequently suggested crop, your article is talking about ethanol and not biodiesel, and that wasn’t the point anyway.
This biodiesel nut never said "algae", "duckweed", or "synergy with aquaculture"? Your nut isn't much of a nut.
OTOH, snarky or not, you bring up an interesting thought: there are probably millions of people that know (as in practical knowledge) how soybeans are grown, hence enabling millions to call “bullshit”. Had said nutter said “algae”, I would have to have taken his word until I could research further.
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BitConnect, a literal Ponzi scheme that was repeatedly flagged to newbies as a Ponzi scheme they should avoid, had a $2.5 billion market cap last month before collapsing. While IOTA boosters probably have a story they believe that justifies the hype in their mind, just because it’s worth $6 billion in this market doesn’t mean they necessarily have a good one. For what it’s worth, of all the crypto people I follow tha…
We actually won't track IOTA or anything else we feel is too close to a scam on our website: https://projectpiglet.com/ It's amazing how many scams are in the cryptocurrency space. To some extent even I personally even view Ripple and all the other completely pre-mined or tokenized cryptocurrencies (i.e. 100% centralized systems) as a scam. There's no guarantee manipulation of the underlying technology isn't happenin…
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The other possibility (not just you and IOTA, but for others) is that a lot of coins have free offerings at their launch to get things off the ground. Stellar is an example. So yeah, just because someone owns coins doesn't mean they are/were mindless speculators.
Oh, true, they did give out some coins (me included). Yet another possibility (which is how... a friend of mine... uses coins) is buying weed from the dark web. That's a big use case right now.
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Custom crypto primitives (ciphers, hashes, etc.) is a big red flag to me unless the designers are cryptographers. I know a fair bit about crypto. I would implement (and have implemented) higher order constructions like encrypted and authenticated protocols according to design patterns and principles put forward by competent cryptographers. I would never ever even attempt to design a cipher or a cryptographically stro…
> Actual deep cryptography such as cipher design is an area where truly extreme and very esoteric expertise is required to even get started I hear this every time cryptography is brought up. I think I get that it's hard, but people make it sound like it's the hardest thing ever . Where does this extreme complexity stem from? And what's the field of knowledge required? (Mathematics I imagine)
Given that DCI appears to have outsmarted the IOTA developers here, it's not a crazy attitude.
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I am not sure about 8 times efficiency and 10% argument. The founder said that in his interview yesterday. https://m.youtube.com/watch?v=GwhJQ67zxbg I just found this article about ternary and as you said storage needs to be in ternary too. The main reason seems to be it is close to the value of “e” https://www.techopedia.com/why-not-ternary-computers/2/32427
Unless you have access to physical trits, you're going to be emulating them with two bits each...
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We actually won't track IOTA or anything else we feel is too close to a scam on our website: https://projectpiglet.com/ It's amazing how many scams are in the cryptocurrency space. To some extent even I personally even view Ripple and all the other completely pre-mined or tokenized cryptocurrencies (i.e. 100% centralized systems) as a scam. There's no guarantee manipulation of the underlying technology isn't happenin…
Do you feel there's a way to have a proof of stake coin without meeting your standard for being a scam?
To explain further, PoS blockrewards are settled as lotteries to stakeholders with each staked coin being granted a lottery ticket. Due to the all or nothing nature of newly printed coins from blockrewards, the wealthiest users will not just accumulate more newly printed coins on average but the statistical odds of them accumulating more of the future supply increases with time whereas poor users are entirely disqualified from thresholds required for "staking" and earning newly minted coins.
I have been on HN for 3 years now but I have never seen anything like this thread. There are sheer amount of sockpuppet accounts being created to defend IOTA.
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Unless you have access to physical trits, you're going to be emulating them with two bits each...
There's actually this really clever emulation you can do where you don't blindly use two bits per trit, but fractionally pack the trits into bits such that you don't end up with any wasted bits. This has the further advantage that since it produces the same inputs and outputs as binary encoding that you can use the native binary hardware on the CPU to do all your math. Because it is the native binary encoding. One of…
I feel like I'm missing one side of the story. I don't know much about IOTA but from what I learned reading articles linked on HN today IOTA: - Uses custom "ternary" crypto which has been shown to have vulnerabilities in the past. - Has software that doesn't include the basic function of generating wallet addresses, instead having some users rely on shady 3rd party websites and getting their coins stolen. - Does away…
1. There have been no vulnerabilities in the past. Please read: https://blog.iota.org/official-iota-foundation-response-to-t... 2. If people are unable to generate a simple seed (password) on their own. How can they even begin to understand cryptocurrency or even new tech based on IoT? Still, yes it should be in the wallet and it will be added, but only for investors, I guess?! 3. Please read the following from their…
You can use a credit card without ever having to calculate your own Luhn checksum. You can send money to a bank account without having to untangle the rat's nest that is ACH.
It makes the IOTA team's priorities look skewed when they don't have basic wallet functionality, but they have time to implement ternary math and new cryptographic primitives that aren't useful with existing hardware.