131–140 of 167 posts
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HTTP is not intrinsically tied to finance, though. This is specifically a protocol for financial transactions, for sure it would fall under AML laws.
I’m sorry but you are mistaken. I think you should research this technology more.
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Thank you for voicing your uneasiness with the name. Dharma in Hinduism connotates ""right way of living". I am aghast that what is sacred to us reduced to a marketing tag line. Couldn't these people look up wikepedia, https://en.wikipedia.org/wiki/Dharma , to realize this name for a crypo app is not going to go well ? Or are they intentionally tone deaf ?
The idea of Hinduism is nonexistent. What unifies all "religious" and scientific/mathematical theories in India, is the fundamental idea of Dharma. Sikhism, Jainism, Buddhism, and the various schools that are characterized as "Hinduism", all in one way or another layout vast theories about "Dharma" is, and give their own varying definitions of it. Calling this a "Dharma Protocol" is more apt than people think, and I'…
>>idea of Hinduism is nonexistent This assertion is breathtakingly arrogant . Granted that Hinduism does not fit neatly within the traditional Judeo Christian definition of religions but this is absurdly ignorant. The Brits and the Portugese tried tried very hard to erase Hinduism and failed.( The Portugese went so far to claim Hindus dont have souls -- but that is a discussions for another day). Please note that I do not speak for Hinduism but your assertions are too absurd to ignore.
To give you an analogy -- you are saying the idea of apples is nonexistent. There are RoyalDelicious, Gala, Honeycrisp etc etc, -- but there is no apple .
My initial objection was to crpto snake-oil salesmen using eastern sounding names to disguise their snake oil and sadly they will succeed until this baloon pops.
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The collateral can be any other asset that is represented by a cryptographic token. Right now, few crypto-assets map to real world assets in some capacity, but we're willing to make a bet that this will change faster than most expect. Already, though, there are many interesting assets in the world of crypto that are particularly well suited to being put up for collateral -- namely, the emerging class of crypto-collec…
> namely, the emerging class of crypto-collectibles such as CryptoKitties. You can’t honestly be serious about this. Please get outside the Silicon Valley bubble and look around.
This service sounds incredible! However, naming it "Plex" seems like a bit of a hiccup since most just think of Plex as the most pervasive home media server in existence...
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I’m sorry but you are mistaken. I think you should research this technology more.
Are you a finance law attorney? This is marketed as a financial protocol. Completely different than HTTP.
Congrats on getting to this point! Been following Dharma closely for a little while now as we (Kiva) have an interest in trying to increase financial inclusion and decrease lending costs for the world's poor and have been hoping Dharma may end up being one piece to the future of our work. Could you possibly speak to how you intend to enable KYC (Know Your Customer) / AML (Anti-Money Laundering) to work with Dharma? T…
The proper solution is not to hold people's PII at all and depend on a provider (ThisIsMe, Civic, Consent, IDNow, etc, etc, etc, etc) combined with the customer's social graph information. If you want to know your customer, you need to know the people who knows your customer. After-all, who knows you better than your family and friends?
Congrats on getting to this point! Been following Dharma closely for a little while now as we (Kiva) have an interest in trying to increase financial inclusion and decrease lending costs for the world's poor and have been hoping Dharma may end up being one piece to the future of our work. Could you possibly speak to how you intend to enable KYC (Know Your Customer) / AML (Anti-Money Laundering) to work with Dharma? T…
Thank you! :) We've pretty deliberately opted out of baking jurisdiction-specific protections (be they KYC / AML, accreditation, etc.) into the protocol insofar as we really want this to be a universal standard that's jurisdiction-agnostic -- to give a somewhat crass analogy, most developers would agree that it does not make sense for content-protection against, say, child pornography, to sit at the level of TCP / IP…
This is actually one of the more frustrating issues for me in cryptocurrency discussions. The underlying monetary policy is of fixed or predefined money supply, that is supposed to somehow stabilize the price/value of the cryptocurrency in the long term because of hand waving, wishful thinking and reasons, all the while having exactly no way to stop fractional reserve banking emerging nor regulating it or the additional monetary supply it will create. This being one of the main reasons why current crop of cryptocurrencies will never be used as economy-wide payment method and why their price will always stay chaotic (unless the price stabilizes to zero...)
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Not quite. The ecosystem was much smaller back then. Nowadays, I'm not sure one company would be able to make a case for forking the currency. Besides, you can still buy ETH classic, if you disagree with the decision. It's just not worth much.
I am 100% sure that if I went and "the code is the contract"ed whatever ends up being DAO2.0 out of 5% of all existing ETH, that Vitalik would come save it "just this once" one more time... I absolutely do not believe for one second that there wouldn't be another fork. And I say this as someone with a substantial interest in the currency.
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The collateral can be any other asset that is represented by a cryptographic token. Right now, few crypto-assets map to real world assets in some capacity, but we're willing to make a bet that this will change faster than most expect. Already, though, there are many interesting assets in the world of crypto that are particularly well suited to being put up for collateral -- namely, the emerging class of crypto-collec…
> namely, the emerging class of crypto-collectibles such as CryptoKitties. You can’t honestly be serious about this. Please get outside the Silicon Valley bubble and look around.