Ristretto adds complexity over just using secp256k1, which also has very good Rust support, is quite fast and well-optimized, compiles to WASM, and supports ECDSA, ECDH, and Schnorr key aggregation, so it's quite full-featured.
Funny timing that this particular topic made it to HN. From the recently-released Season 4 of The Dragon Prince, this is one of the reasons Claudia is so infatuated with Terry, an Earthblood elf.
If the unit cost is higher than the maximum a manufacturer or retailer can charge, it won't be produced at all. This results in a market failure, similar to the one China's experiencing with their energy market, where the price of coal is 4x what it was earlier this year.
Seems to be trending downward... Who knows if it'll be enough.
I was curious if a similar downward trend existed for solar panels...
"In 1956, solar panels cost roughly $300 per watt. By 1975, that figure had dropped to just over $100 a watt. Today, a solar panel can cost as little as $0.50 a watt."
So, that's a factor of 600 to get to present costs. Gold currently costs $56,500 per kg. So, $33,900,000/kg. So, who knows where we could be in 50-70 years. Plenty of time to switch the entire global economy to Bitcoin, I suppose!
> "Builders still have to clear their inventories of having purchased higher-priced lumber. It takes a while to clear the system," Lee said. "Yes, lumber prices from the mills came down dramatically over the summer, but that's unfortunately taken a while to reach the rest of the industry and consumers."
> Lee said when it comes to new home construction, pricing is being complicated by ongoing pandemic-related supply chain challenges. While difficulties related to lumber have eased, home builders are still dealing with delivery delays and price inflation on everything from plumbing and electrical products to kitchen cabinetry.
> "It doesn't compare to the three to five times price increases we saw with lumber, but I'd say on average, we're seeing 10 per cent increases on everything, including the kitchen sink," Lee said. "And we are still seeing delays on closings, just because of an inability to get products and materials."
Meanwhile... August 27th, 2021:
> "...households, businesses and market participants also believe that current high inflation readings are likely to prove transitory," Powell said.
Agreed, I wish we'd have gone down that road. How is it more efficient for my signals to go a thousand miles away and back just to talk to my neighbor across the street?
I've often thought, the web isn't designed for efficiency, it's designed for scale. Scale around big tech giants, to concentrate wealth, exploit gray areas, and magnify harm.
I used to love JavaScript, but when I look at what it's become, I'm glad I left it. We weren't doing the world any favors by contributing to a massive body of casual execution of untrusted code.
The web was a mistake, but I think the internet, good old TCP/IP, still has a few tricks up its sleeve for us yet.
The argument those points are supporting, as the article explains, this is an ineffective way to fight CP, but it's being done anyway, and can be used for nefarious purposes.
Could a government not have a different level of interest in law enforcement over CP vs, say, political material that undermines government authority?
Proton is already pretty good. I expect it to get better. I've been daily-driving Arch on both a custom-built PC and a ThinkPad for 3 years and I haven't looked back, not even for games.
For the privacy-minded Apple users among us (I mean, that's who they marketed to, yeah?), I'd recommend turning off automatic software updates... For as long as it makes sense to. I hope they reverse their decision, but I'm already looking for alternatives. I'm certainly not buying another Apple device, even though I'm about due.
They really lost a lot of fans with this, myself included.
Bitcoin is deflationary, Ethereum is not. Even with the changes in EIP 1559, that just introduces instability in supply. ETH 2 introduces inflation, which is what made wealth inequality so bad to begin with. People holding assets that outperformed the money made out better than those who didn't have the capability to do anything with their money as it depreciated in their bank accounts as they wait for the inevitable bills to come.
Bitcoin will take care of fiat money, and Ethereum, too. It's solving for the $1 quadrillion dollar problem, and after a few decades or generations, wealth around the planet will begin to be a little more evenly distributed, since even the Bitcoin billionaires will eventually need to spend their Bitcoin.
I've had 2/8 Seagate IronWolf drives fail on me slightly outside of the first year I had them. I'm using them in a Synology NAS. I've never had such problems with the WD Reds in my last Synology.