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Worldcoin

worldcoin.org

61–70 of 111 posts

Re: Worldcoin

#61
post #39

Earlier quoted context omitted.

As-if you can ever actually hash a biometric and expect it to match in the future. The whole idea of a hash is that a tiny perturbation makes the output completely different. It almost by definition cannot work for biometrics.

> The whole idea of a hash is that a tiny perturbation makes the output completely different. That would be a cryptographic hash you are describing. Not all hash functions share that property. As long as arbitrary input is mapped to a fixed size output it is a hash function. For example see NeuralHash [1] which is a hash function designed to be "insensitive to small changes in the input image." [1] https://towardsdat…

If it's insensitive to small changes in the input image then it leaks substantial information about that input image.

Re: Worldcoin

#62
post #2

> ensuring that every person on Earth can prove that they are indeed human >To address it, we built a new device called the Orb. It solves the problem through biometrics: the Orb captures an image of a person’s eyes I'm sure absolutely nothing can go wrong with this at all . Wow. I hope this is satire. Imagine what a major nation state intelligence agency could do with a data set of globally-unique eyeball vein patte…

It seems to me that there are some not-uncommon diseases that could affect this, e.g. if someone develops macular degeneration, do they lose their savings? Or can they double their coin share?

What is the state of the science behind retinal-imaging-as-authentication? Are these patterns truly known to be stable over the course of a person's life?

Re: Worldcoin

#63

So, my understanding of the current play in this space is as follows: - Create a large number of worthless cryptographic tokens. - Distribute around half of them as "freebies". - Keep the other half to yourself / distribute them among your investors. - Start a hype by injecting your investors money into your currency. - Hope that people will start to trade/speculate with your currency, buying it for real monies. - As…

[deleted]

Re: Worldcoin

#64

Earlier quoted context omitted.

Voters also like safety and not losing their entire net worth because they published a private key or got scammed.

Where? In some parts of the world, ahem, it sounds like that would infringe on our "freedoms".

Name a functioning country that doesn't have chargebacks, small claims or commerce law.

Re: Worldcoin

#65

So, my understanding of the current play in this space is as follows: - Create a large number of worthless cryptographic tokens. - Distribute around half of them as "freebies". - Keep the other half to yourself / distribute them among your investors. - Start a hype by injecting your investors money into your currency. - Hope that people will start to trade/speculate with your currency, buying it for real monies. - As…

Yeah but this time its different.

Re: Worldcoin

#66

So, my understanding of the current play in this space is as follows: - Create a large number of worthless cryptographic tokens. - Distribute around half of them as "freebies". - Keep the other half to yourself / distribute them among your investors. - Start a hype by injecting your investors money into your currency. - Hope that people will start to trade/speculate with your currency, buying it for real monies. - As…

This is how every other project has worked so far, yes.

Re: Worldcoin

#67
Start working on a way to print uniquely patterned contact lenses now, to be ready at launch. Even thisisnotaniris.com is still up for grabs, have fun with your infinite number of tokens!

Re: Worldcoin

#68
Imagine you sitting on incredible wealth by just being in SV over the past two decades.

And then you come up with this garbage.

Re: Worldcoin

#69
Interesting project, but many open questions:

1. Are the coins allocated to each user lumpsum, or on a fixed schedule?

2. How can privacy be protected when converting coins into fiat currency?

3. Why would anyone trade these coins, when they can simply get their own freshly issued?

3. How can the coins have any value when nobody trades them?

Re: Worldcoin

#70
The thing about these "drops" is people will liquidate them into real currency as quickly as possible. If the goal is to distribute a currency to as many people as possible (so everyone has a piece of the currency to use) then you have to remove any possible off ramps. But, then you run into the problem of nobody _actually_ being interested in the coin since it has "no real value" (can't trade it for USD)
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