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alcio

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alcio
·4 anni fa·discuss
> For your typical solo founder in their 30s, their odds of dying at any point over the next 10 years is something like 0.2%

The real figure is more 2.1% (source: https://www.ssa.gov/oact/STATS/table4c6.html)
alcio
·5 anni fa·discuss
> Any application that could be done on a blockchain could be better done on a centralized database. Except crime.

In a weird way, this quote is a good explanation of why cryptos exist: they give the possibility of creating systems evading state controls.

Crime is a relative thing: moving money outside of certain countries is prohibited, in others it's owning property for certain category of people.
alcio
·5 anni fa·discuss
yes, you can email it to your miner buddy.

it's possible to spot such transactions if they violate transaction forwarding rules (aka standardness rules) but not consensus rules. for example, a transaction greater than 100kB is not standard but still valid.
alcio
·5 anni fa·discuss
Excited to see this new release. Seems to me this would (slightly?) negatively impact query performance for recent data (when the query concerns data is both in O3 and persisted zones), is that the case?
alcio
·5 anni fa·discuss
Proof-of-stake coins lack one of proof-of-work coins most important properties: censorship resistance.

In both consensus systems, a censor is someone that has amassed 51% of the currently available stake (in PoW stake is mining machines, in PoS it is outstanding tokens).

In proof-of-work systems, a censor can be unseated by censored parties allocating more capital to mining machines until non-censoring parties own 51% of all machines.

In proof-of-stake systems, it is impossible to unseat a censor: since it owns 51% of tokens, it will also owns 51% of newly minted units in perpetuity (assuming it doesn't stop censoring and doesn't run into issues that would end up slashing some of their stake).
alcio
·6 anni fa·discuss
USDT-USD markets are indeed marginal. however, implied USDT price using BTC as a cross shows USDT is valued pretty much at parity with the dollar by the market:

https://www.tradingview.com/symbols/spread/BINANCE%3ABTCUSDT...
alcio
·6 anni fa·discuss
inflation in consumer goods might not be high, but financial assets have clearly inflated: a quick look at gold denominated SPY shows it.