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mkvltra posted:Are there ANY positive things that blockchain can offer humanity? Genuinely asking. Well yeah, but a lot of the positives have already been offered in things like Git. A decentralized database where copies can be stored locally are very well much in use! The part where every person in the system is required to independently verify that the blockchain is untampered seems like it could have use in some niche things, but not as the foundation for your currency that you want to be used by millions or billions of people.
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Dec 22, 2021 01:47
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MarcusSA posted:“Accurate” decentralized tracking of poo poo Mumbo jumbo something something. Except it doesn't scale and if you keep it small then you start involving trust which means you could just use a database.
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Dec 22, 2021 01:48
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mkvltra posted:Are there ANY positive things that blockchain can offer humanity? Genuinely asking. It can distract the guys who'd otherwise be investing in child pornography or improved tracking systems for hospital-seeking missiles
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Dec 22, 2021 01:49
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mkvltra posted:LOL I definitely agree. That's a pretty abstract social consequence, though. I appreciate your insight but what kinds of Technical Computer Things can blockchain do that other technologies can't? Waste resources at a previously unseen scale.
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Dec 22, 2021 01:49
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Blockchain is good at solving the technical problem of trying to have a currency in a society where you don't trust anyone and expect them to stab you in the back given the chance. Why you'd create a currency for such a society versus locking them all up in a warehouse and lighting it on fire is an exercise left to the reader.
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Dec 22, 2021 01:49
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Xanderkish posted:Well yeah, but a lot of the positives have already been offered in things like Git. A decentralized database where copies can be stored locally are very well much in use! Good post. I'm sure there are already a lot of existing technologies that are orders of magnitude more effective than some of the more shoehorned blockchain applications.
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Dec 22, 2021 01:54
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A Wizard of Goatse posted:It can distract the guys who'd otherwise be investing in child pornography or improved tracking systems for hospital-seeking missiles I used to work in the engineering department of a DoD contract manufacturer but nothing offensive / ordinance. I've always imagined the personalities that develop offensive systems to be extremely toxic
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Dec 22, 2021 01:57
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Somewhat relatedly, as I was thinking about the Blockchain in response to mkvltra's post, I realized that it sounded eerily similar to something else I learned about early in my programming career. But I couldn't put my finger on the exact word, so I just typed in "Is blockchain like" in Google and let it autocomplete and lo and behold: "Is blockchain like a linked list?" There are a lot of google posts asking this question, and a lot of people getting very defensive that, no, a Blockchain isn't like a linked list at all! It's different. As far as I can tell, the main difference is that it uses cryptography on its links -- basically, you can't make one block point to a block other than the block it's supposed to be pointing to without making it really obvious that you're doing that. But other than that it's...it's just a linked list. A linked list with cryptography. That's it.
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Dec 22, 2021 02:06
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HootTheOwl posted:Except it doesn't scale and if you keep it small then you start involving trust which means you could just use a database. I do wonder if there might actually be a use case for like, indie games that don't want to bother maintaining a central database server forever. Enough of a player base to keep the thing running, but not enough to get too excessively wasteful, no real stakes to speak of if anyone forgets the password to their vidya items, etc. (just to be clear, there's precisely 0% chance that anything worth playing ever comes from any crypto bro game projects, this would be more along the lines of someone loving around in 5 years when the hype train is all over web4.0 or some poo poo)
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Dec 22, 2021 02:12
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Xanderkish posted:Somewhat relatedly, as I was thinking about the Blockchain in response to mkvltra's post, I realized that it sounded eerily similar to something else I learned about early in my programming career. But I couldn't put my finger on the exact word, so I just typed in "Is blockchain like" in Google and let it autocomplete and lo and behold: "Is blockchain like a linked list?" im happy for you or sorry that happened
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Dec 22, 2021 02:12
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Xanderkish posted:Somewhat relatedly, as I was thinking about the Blockchain in response to mkvltra's post, I realized that it sounded eerily similar to something else I learned about early in my programming career. But I couldn't put my finger on the exact word, so I just typed in "Is blockchain like" in Google and let it autocomplete and lo and behold: "Is blockchain like a linked list?" it's csalled a merkin tree you clod!
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Dec 22, 2021 02:13
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Xanderkish posted:Well yeah, but a lot of the positives have already been offered in things like Git. A decentralized database where copies can be stored locally are very well much in use! Git and blockchain both use Merkle Trees but Git does not use a blockchain
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Dec 22, 2021 03:00
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It's tiring but I will continue to dive in front of every horseshit bullets these scumbags use to try and rope in easy marks like my nephew and his friends. The basic simple breakdown of any schemes he's invited into is to stop and ask "Where's the Lambo?" (or other item that would certainly be owned if the money was real, instead of talked about) Obviously no one has passed the test
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Dec 22, 2021 03:37
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I know many who link NFTs to investment access but there are all pretty explicit it's not about the art and more about letting people buy/sell access. I doubt NFT'S will be anything like today in 20 years and explicitly expect nothing from today to be compatible with anything by then.
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Dec 22, 2021 05:00
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the holy poopacy posted:I do wonder if there might actually be a use case for like, indie games that don't want to bother maintaining a central database server forever. Bitcoin is a comically terrible database though. It currently costs about $6000 per megabyte to add data to the blockchain (thats transaction fees only, if you consider the new coins minted to be part of the cost, its much, much more).
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Dec 22, 2021 05:11
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Thing is, we're almost "out" of Bitcoin. So why would 90% of people mine it after that's through? Transaction fees surely aren't it.
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Dec 22, 2021 05:17
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Xanderkish posted:Somewhat relatedly, as I was thinking about the Blockchain in response to mkvltra's post, I realized that it sounded eerily similar to something else I learned about early in my programming career. But I couldn't put my finger on the exact word, so I just typed in "Is blockchain like" in Google and let it autocomplete and lo and behold: "Is blockchain like a linked list?" A block chain is when the previous block is used to encrypt the next block. This isn't linking. A link is an address where you can find the next item. In a block chain there's no need to find the where because it's sequential. This is actually a common way to encrypt data. You make your key, encrypt the first block and then use that plus the key to encrypt the second block with a new key. So this means every block is encrypted differently down the chain and the only way to figure out the encryption from the outside is to have the whole chain. Meanwhile you can traverse any linked list starting at the first node you've uncovered
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Dec 22, 2021 05:25
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HootTheOwl posted:A linked list is a list where the items in the list contain a link to the next item in the list Dammit, I screwed up on understanding Blockchain again! But this at least clears it up for me. I have no idea why this, of various computer and programming concepts, has proved so elusive for me to understand up till this point, despite going through quite a few articles on the subject. So to read any block in the blockchain, you have to have the *entire* chain, and sequentially read and decrypt each block until you get to the one you want? How does that work with really large data, such as with the Bitcoin Blockchain, which at this point has over 360 gigabytes?
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Dec 22, 2021 05:31
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the holy poopacy posted:I do wonder if there might actually be a use case for like, indie games that don't want to bother maintaining a central database server forever. Enough of a player base to keep the thing running, but not enough to get too excessively wasteful, no real stakes to speak of if anyone forgets the password to their vidya items, etc. So the issue with that would be how do you push updates to the game out? The only way to do it would be too either reboot everything or to intentionally put a "bad" block on the chain which requires either getting all the users to agree with you (ie, invoking trust which negates the use case for the Blockchain) or to have enough stake to force the block through which can't possibly be cheaper than just maintaining a server
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Dec 22, 2021 05:34
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Xanderkish posted:Dammit, I screwed up on understanding Blockchain again! But this at least clears it up for me. I have no idea why this, of various computer and programming concepts, has proved so elusive for me to understand up till this point, despite going through quite a few articles on the subject. I'm phone posting but the short answer is both "no" and "that's why it's requiring more and more energy to mine coins" E: they also make the plaintext version of the chain public which includes the last key, so to read the chain doesn't require you to start at zero
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Dec 22, 2021 05:38
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notwithoutmyanus posted:Thing is, we're almost "out" of Bitcoin. So why would 90% of people mine it after that's through? Transaction fees surely aren't it. Difficulty is supposed to rise and payout per block mined decreases so you never mine out, but you keep getting closer and closer to doing so by half. It's stupid, but they assume the price will go up forever, so there will always be money made even at the microfractions of bitcoin rewarded for every block to lucky miners, until they hit the satoshi or whatever the smallest bit of a bit coin is. It's really really dumb but intentional apparently.
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Dec 22, 2021 05:53
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Killer-of-Lawyers posted:It's really really dumb but intentional apparently.
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Dec 22, 2021 06:00
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notwithoutmyanus posted:Thing is, we're almost "out" of Bitcoin. So why would 90% of people mine it after that's through? Transaction fees surely aren't it. Remember, only a single miner's work counts for each block. There would be no functional difference to the operation of the blockchain if 90% of miners left, or 99.9999% of them left. A single Raspberry Pi is far more than enough to run the entire network.
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Dec 22, 2021 06:32
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https://twitter.com/crypto_bitlord7/status/1473231965927063553?s=20
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Dec 22, 2021 06:35
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It's Zeno's Economy.
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Dec 22, 2021 06:36
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BigRed0427 posted:I mean even if it does, it will still serve as a fascinating post mortem. And I dont think block chain stuff is going away any time soon, with or without nfts Block chain will never go away. But it is still a solution looking for a problem. Every proposed use case I've seen would still be better served by some combination of authentication services, encryption services and distributed databases.
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Dec 22, 2021 06:44
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talk about being backdoored
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Dec 22, 2021 06:48
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Bad with masturbation
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Dec 22, 2021 06:56
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It's gotta be a coincidence. Any ip ever involved with any crypto transaction has to be on a list of targets wherever a new exploit is found.
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Dec 22, 2021 06:58
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repiv posted:update: the project has "launched" and this is the "experience" that's supposed to sell the entire world on NFTs Trip report. I start on a world of crappy early 90's video game clouds. As I look around a low polygon parody of humanity approaches me. "Hey" it says in a crappy textbox. "Hey" it repeats. "Oh" it says "I see you haven't learned how to speak. Follow me there are some people you should meet." However, I've seen enough horror movies to know where this is going. I run away from my would be low poligonial killer, heading off into the seemingly endless field of crappy voxel clouds. I look back, it is not following me, if I run enough maybe I'll be safe. Suddenly I fall off the endless field of clouds, onto a low contrast field of green. There are other low polygon people here, wondering yellow roads(?). I approach one, but it runs away. Thank god. I walk farther in (as best as I can tell) the opposite direction of my would be killer. It is a field of endless, featureless green. Getting bored, and weight down the walk key. When I come back ten minutes later nothing has changed. I close the browser window. Ten out of ten. Truly sums up the NFT experience. Edit: Wow, looking at the dates now I was way farther back then I thought Viscous Soda fucked around with this message at 07:58 on Dec 22, 2021 |
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Dec 22, 2021 07:24
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notwithoutmyanus posted:I know many who link NFTs to investment access but there are all pretty explicit it's not about the art and more about letting people buy/sell access. I doubt NFT'S will be anything like today in 20
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Dec 22, 2021 07:41
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mkvltra posted:And while we're at it- why does 'tech' only refer to software people? I work on the hardware team at a robotics company, am I allowed to say I work in 'tech'? IT is short for "Information Technology", which is a pretty nebulous term. Before I retired, I was a systems administrator for several multinational Fortune 500 companies that manufacture many of the products that many of you use on a daily basis, but if I'm being honest your tech job sounds significantly cooler than what I did for a living. tango alpha delta fucked around with this message at 09:11 on Dec 22, 2021 |
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Dec 22, 2021 09:07
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The Sausages posted:doomer takes If someone puts copyrighted material on the blockchain, can the copyright owner use the DMCA to take down bitcoin?
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Dec 22, 2021 09:37
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nnnotime posted:FTFY, Fud-ster. ^^^ I asked my IP lawyer this, and answer was it's not so simple.
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Dec 22, 2021 09:57
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When will the loving SEC do something about tether? About time no?
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Dec 22, 2021 10:16
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you guys gotta stop being so gullible when cryptobros post something like, 'i got hacked by my blowup doll and now all my $BLOWUP is gone'..
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Dec 22, 2021 10:22
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https://twitter.com/RightWingCope/status/1473435170120376329?t=umSxDgD0VJyips4sLRXRRw&s=19 They're going to be devastated when they learn how many people their girlfriend has right clicked with.
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Dec 22, 2021 11:50
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$49k lmao, if the mods dont force toxx this guy they're loving stupid
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Dec 22, 2021 12:11
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For 49k I can have a girlfriend who doesn't have a job? That seems way over market rate
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Dec 22, 2021 12:25
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Can we seriously consider banning anyone who buys/promotes crypto here? I don't really get why other scams are shut down but crypto is cool.
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Dec 22, 2021 12:25
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