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How I feel about xcoin: https://www.youtube.com/watch?v=SB_oU68Q9zA
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May 10, 2018 01:45
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I would blow Dane Cook posted:Which data structure should they build a cult around next? BLOBs
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May 10, 2018 02:19
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JSON, the only truly cross-platform, web scale, universally readable data structure. 
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May 10, 2018 05:15
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XML. It holds your data without limitation, can be encrypted, can be sent anywhere*, instantly**, for zero fees, is universally recognized and globally adopted by intrinsically valuable industry and banksters alike, and is also the easiest to execute malicious attacks through
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May 10, 2018 19:53
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Skip lists. They have been around for ages but are pretty obscure. They technically solve the problem they are designed to do, but there are better solutions for the problem they (try to) solve.
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May 10, 2018 20:10
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So I got a guy that’s a friend at my brew pub, sitting next to me now lol. He’s just said he bought a new car off of eutherurum or whatever. I shook my head and said btc lol. He said it’s all different and not subject to the hacks, the power consumption, the risks, etc. I said crypto today is bullshit. Is he right? Lol
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May 10, 2018 21:54
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Yes, buy Ethereum now. The price can only go up.
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May 10, 2018 21:57
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Burt Sexual posted:He said it’s all different and not subject to the hacks, the power consumption, the risks, etc. I said crypto today is bullshit. Is he right? He’s full of poo poo. “Ethereum is an open-source, public, blockchain-based distributed computing platform” The only notable difference is it added a scripting language to make making smart contracts easier* than the original bitcoin implementation
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May 10, 2018 22:10
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Clockwerk posted:He’s full of poo poo. “Ethereum is an open-source, public, blockchain-based distributed computing platform” He just said proof of work is bad, his is proof of ? I didn’t want to follow up. E is tether involved in this poo poo too lol?
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May 10, 2018 22:13
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Why not make Coincoin?
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May 10, 2018 22:19
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He has a free car, you’re posting in GBS asking if crypto is good... Yikes Sherlock how we gonna crack this case, is crypto good!!!??
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May 10, 2018 22:19
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Comfy Fleece Sweater posted:He has a free car, you’re posting in GBS asking if crypto is good... Yikes Sherlock how we gonna crack this case, is crypto good!!!?? Hi cfs Please help me answer my questions. You know a lot about this. Tia
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May 10, 2018 22:34
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Shinjobi posted:Why not make Coincoin? Its called Tether
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May 10, 2018 22:35
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Proof of work is bad but also the one clever thing that pulls everything together to make bitcoin something novel. I have heard of proof of stake, but while solving the wastefulness issue, weighs itself upon the fact that someone holding a majority of existing assets wouldn’t do something selfish because it would be detrimental to the network. Lol What proof system secures blockchain? I’m legitimately curious
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May 10, 2018 22:37
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Comfy Fleece Sweater posted:He has a free car, you’re posting in GBS asking if crypto is good... Yikes Sherlock how we gonna crack this case, is crypto good!!!?? Anti-climate destruction on the mining side, anti-climate destruction on the consumption side. It’s a win-win!
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May 10, 2018 22:43
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Proof of stake. I said what is that. He said I promise to make good validations of transactions. I said so don’t and what happens. Stare. I asked what hash algorithm it uses aes or sha, and what variation, he said btc uses sha, but not eurothro. He didn’t know what aes was or what eurotrash uses Lol I mentioned I was a comp sci grad and systems guy for work. He’s v angry that I don’t “get it”. He did say he didn’t care about the energy anyways, world is going to burn anyways, lol dude used fygm and is a kinda hippy enviro young guy. Lastly he tried to explain stake as urethra uses a “gold” mining metaphor. I said so it’s Wow gold. He left  That concludes my live blog crypto interaction
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May 10, 2018 22:44
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Clockwerk posted:Proof of work is bad but also the one clever thing that pulls everything together to make bitcoin something novel. I have heard of proof of stake, but while solving the wastefulness issue, weighs itself upon the fact that someone holding a majority of existing assets wouldn’t do something selfish because it would be detrimental to the network. Lol Random guessing through hashing, I still don’t know what ureacoin proof is.
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May 10, 2018 22:45
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Ethereum encryption algorithm is a roll your own implementation. I don’t know what name it’s been given by vitalik.
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May 10, 2018 22:48
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Clockwerk posted:Ethereum encryption algorithm is a roll your own implementation. I don’t know what name it’s been given by vitalik. Encryption != hash gently caress
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May 10, 2018 22:58
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http://www.truthcoin.info/blog/pow-cheapest/ Nothing is Cheaper than Proof of Work
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May 11, 2018 03:59
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Comfy Fleece Sweater posted:http://www.truthcoin.info/blog/pow-cheapest/ Holy gently caress I ain’t reading that
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May 11, 2018 04:03
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Clockwerk posted:
there’s no proof of x in blockchain, it’s exactly what I said about signed emails people equate bitcoin with blockchain but they are separate neither thing is useful, but they are two totally different things hth
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May 11, 2018 04:30
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Comfy Fleece Sweater posted:http://www.truthcoin.info/blog/pow-cheapest/ Yes, bitcoiners love to point to proof of stake as solving bitcoin's horrible wastefulness but that's a pipe dream pushed by idiots who don't know how any of this poo poo works
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May 11, 2018 05:01
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let it mellow posted:there’s no proof of x in blockchain, it’s exactly what I said about signed emails I meant to ask what proof of 'x' did he claim secures the blockchain for whatever coin that guy was talking about
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May 11, 2018 05:38
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truthcoin.info  i like it. has anyone made truthcoininfocoin yet?
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May 11, 2018 08:29
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It's that day of the week again
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May 11, 2018 09:38
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Ah, the classic Friday drop!
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May 11, 2018 10:28
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quote:Bitcoin is not the currency of the future
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May 11, 2018 15:16
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🤯
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May 11, 2018 15:43
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Invest in GÜNE coin 1) Blockchain 4.1 Technology 2) Evolutionary Tokenomics 3) Quantum entanglement security base layer 4) Atomic q-bit interchange protocol 5) Game-theory optimal reactive calibration AI
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May 11, 2018 16:51
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Finally, a coin for goons
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May 11, 2018 18:22
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https://www.bloomberg.com/news/articles/2018-05-09/bunkers-for-the-wealthy-are-said-to-hoard-10-billion-of-bitcoin
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May 11, 2018 18:22
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https://www.bloomberg.com/graphics/2018-bitcoin-investment/ Bitcoin Towers Above Its Peers Compared to stocks or bonds, trading activity and market capitalization among cryptocurrencies are very concentrated within a small group of players. While Bitcoin has become less of an outlier in recent months amid the rise of so-called alt-coins like EOS and Litecoin, the original still towers above its peers.
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May 11, 2018 18:31
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Towers above its peers in electricity usage lol
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May 11, 2018 18:34
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I've been thinking recently Bitcoin (or an equivalent, a more flexible, faster and efficient one), with its value as an actual currency, would probably be a pretty good solution for a brand new nation state that starts printing money. Make it so only the central bank can "mine" and make it easier to do so, getting rid of the guessing game and applying only processing power for transactions, and you have a currency where you can attribute a number to someone and keep an absolute history of their transactions. Maybe make each person's history private and tied to biometry, but judicial procedures open their history. It'd be pretty nice for stuff like laundering and tax evasion
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May 11, 2018 18:46
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yeah i still don't think it makes sense
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May 11, 2018 18:52
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orange sky posted:I've been thinking recently
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May 11, 2018 18:54
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Yeah sure but I guess integrity is p hard to ensure, and this system has that
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May 11, 2018 19:17
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orange sky posted:I've been thinking recently
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May 11, 2018 19:26
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Nation-states love uncontrollable currencies, what kind of loser would like having predictable macro-economics.
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May 11, 2018 19:27
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