11–20 of 68 posts
If the devs are reading--the quotes scroll too quickly to comfortably read, especially with no way to control them or go back. Otherwise this is a gorgeously designed site.
[1] https://www.usenix.org/system/files/login/articles/105516-Br...
No, no a thousand times no... you are building weird machines[1] into the design of the money system. [1] https://www.usenix.org/system/files/login/articles/105516-Br...
I haven't finished reading everything yet, so I maybe totally incorrect. But I doubt Vitalik didn't consider these issues.
I like that it is mildly inflationary over the long term, as opposed to deflationary.
Interesting, but why Turing?
Because OP doesn't understand why bitcoin "script" is limited in first place.
Will the financial derivative portion mean it is a decentralized Intrade? You would create a contract which will depend on the results of a URL action at a certain point. A trusted neutral observer will give the results of an action at a certain date. Did XX party win an election. The transaction is then decided on that date.
So a third party would take some fixed payment and decide the blockchain event between two parties? Anyway I think it is exciting.
No, no a thousand times no... you are building weird machines[1] into the design of the money system. [1] https://www.usenix.org/system/files/login/articles/105516-Br...
It seems there's a nice economical limit on script execution. If the contract during its executing consumes more resources (ops + memory) than fees attached to it, the it's simply considered invalid. That computation is done after the money is locked and the fee is attached, so if you do while(1){}, you are basically donating to a miner. I haven't finished reading everything yet, so I maybe totally incorrect. But I d…
First we had cryptocurrencies, now we have generic cryptocurrency platforms. How long until we see cryptocurrency platform platforms?
