81–90 of 316 posts
I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.
You don't think there's any value in an open source system that proves scarcity in a digital universe?
I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.
You don't think there's any value in an open source system that proves scarcity in a digital universe?
If we're trying to do accurate record-keeping on the scarcity of tangible artifacts using digital means... That's useful, but it's not the problem BTC or its ilk solves.
Earlier quoted context omitted.
Where is the divide? Crypto is 99% full of hucksters, and the remaining 1% are the sorry saps. The intelligent people I know want nothing to do with it. Folks I've met IRL who are into it usually aren't all that bright. The traits they do have are affinity for risk taking, and being somewhat technical but not too much so, just enough to be dangerous. They certainly won't be opening any PRs to fix Ethereum bugs. In ot…
People like Ari Juels, Gavin Wood and Vitalik Buterin aren't intelligent to you?
I really don't know how to square that with basically everyone else in the space being clearly morons or hucksters.
I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.
You don't think there's any value in an open source system that proves scarcity in a digital universe?
The NBA NFTs, for example. Why NFT? If the NBA is running the enforcement, you'd de facto have to trust them to be in the system, and if you trust them, then surely you'd trust their MySQL database just as much.
Earlier quoted context omitted.
Can you elaborate? None of these Virtual Machines go away because so many people run them and can run them, including yourself. You can branch off the current state or any prior state and run/execute it locally at any point in time, without needing the resources to run the whole blockchain. This is enough for you and your community/clients to have the data to move it all somewhere else, if necessary. If you need all…
The amount of storage is not unlimited. The amount of goodwill from the nodes is not unlimited. The value of ethereum is not unlimited. The amount of reads can easily be “played with”
Yes, there is a stack and heap limiting the amount of resources that a command can use. So what? Design your application with that limitation in mind. Focus on what you can control, its a one-step one-click funnel that is inherently a payment and insatiable demand right now from the users. A Web 2.0 dream, I've sat through so many useless OKRs and KPIs meetings trying to figure that out, and now its just here for any individual willing to look, apply the same concepts and use it.
What do you mean about the amount of reads can be played with? I don't see how it matters. You can read the state of a smart contract or any account for free. Not really sure how this is a point.
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Pay once read forever is the latest scam. Pay once read until it stops working.
The unbridled optimism of the crypto space is crazy. Few other tech products would claim they'll be around "forever", where in crypto this is often treated as a given.
just mentally replace "forever" with "unlimited" or just "free". reads are free. a lot of services meter that for developers. that's all.
just a weird assumption to skip straight to unbridled optimism about a system where thousands of nodes functioning as backups might be available for a while. I've seen torrents with less redundancy remain available for decades now.
Earlier quoted context omitted.
People like Ari Juels, Gavin Wood and Vitalik Buterin aren't intelligent to you?
Vitalik's the only person in the entire crypto space that gives me pause about my belief crypto is 90% a mixture of useless and fraudulent. He's clearly much more intelligent than me and much more thoughtful, and has come to the opposite conclusions about the topic. I really don't know how to square that with basically everyone else in the space being clearly morons or hucksters.
I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.
You don't think there's any value in an open source system that proves scarcity in a digital universe?
Earlier quoted context omitted.
You don't think there's any value in an open source system that proves scarcity in a digital universe?
Proving scarcity in a universe where copying data is nearly free may swing all the way around to an actually evil construct. If we're trying to do accurate record-keeping on the scarcity of tangible artifacts using digital means... That's useful, but it's not the problem BTC or its ilk solves.
I just created the worlds slowest database. People will have to pay many dollars to specialists called "miners" to update it. For design reasons, no one can delete anything from it. It's going to change the world.
You don't think there's any value in an open source system that proves scarcity in a digital universe?