There's a penalty payment that each node puts up into escrow for each assignment of data, and if the data is not accurate in relation to all the other providers of that same data, the node will lose the payment.
There will also likely be a small amount fo LINK required to start a node with enough reputation to gain assignments which would also increase the cost of a Sybil attack.
1. The repeal of the Glass-Steagal act. This allowed banks to undertake the business of commercial banks, investment banks, and insurance agencies. That means that, banks were able to build these complex derivatives, use money from people's savings accounts to partake in risky investments, and then insure them with high standards. All from under one roof.
2. The investment firms went public. This was a fundamental change in the 80's where Goldman, Morgan Stanley, and many others where they became officially owned by the public. That ment that the risk of all their losses was owned by the shareholders as well as profits. Risky investing became the norm, because if you lost a ton of money for Goldman, you may have gotten chewed out or lost your job. But if you made a ton of money for Goldman, you had a very large bonus waiting for you.
Now this mindset has just grown out of hand. It's greed that is driving our financial center, Wall Street.
Go for Rose-Hulman, it may be less expensive now but the way the California economy is going, UCLA may catch up. I have a friend in the honors program at UCLA for econ and he had hard time even getting into the intro econ class last year because there were too many people vying for a spot (something that being in the honors program is 'supposed' to help with).
UCLA may be more well known all around, but if you want to study any discipline of engineering, Rose-Hulman is the way to go. And in fact, RHIT probably has a better reputation when it comes to engineering anyways.
Agreed. It seems to be another attempt by the entertainment business to incorporate new technology to enhance the otherwise "lackluster" broadcasting. Not to say Avatar 3d wasn't great, 3d tv will just be overkill and cost $2000.
The relationship between Wall Street and Washington blurred the lines too much. As a regulator, its tough to recognize a fundamental flaw in the investing practices of the firms that these people used to work for.
The "good old boy" network was reluctant to admit that they all screwed up.
The whole idea for square doesn't seem very intuitive. Their goal seems to be to make credit cards completely ubiquitous. I can already use my credit card card at just about every place I go. My opinion is that Square is trying to make a solution without the problem.
That being said, the entire payment process seems very awkward. The fact that the merchant has to hand the physical register over to the customer for the signature doesn't seem very practical; who is responsible for a dropped/broken iphone/ipad?
I can understand the need for this service for merchants that previously didn't have access to credit card acceptance, but why not try and change the outdated and antiquated systems that we all use today, instead of making them more prevalent?
In 2001, when the money was flowing, everyone's solution for any startup's problem was to throw money at it. Today, there many other outlets for growing an intelligent idea: blogs, press, alternative incentives programs. And minimal hardware/software costs to build such a product. While PayPal, in 2001, could maybe not have been built lean. It is very possible for the next PayPal-like startup to disrupt the market now on a micro-budget.