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Naijoko

55 karma · joined August 3, 2021

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Naijoko··on Ask HN: Has anyone come up with a use for blockchain yet?
ok thank you I didnt know that. I got regular money from china so I asumed it wasnt that difficult
Naijoko··on Ask HN: Has anyone come up with a use for blockchain yet?
NFT´s are more or less the same as cryptocurrency. Same stuff under the hood but different name and application ... but more or less exactly the same... otherwise of the name..and how they are sold

NFTs are storing links to pictures

Coins are storing the state of the ledger.

Exatly same technology

Naijoko··on Ask HN: Has anyone come up with a use for blockchain yet?
>1. They're immutable (this is as I understand even unique as compared to git, which also uses Merkle trees)

Blockchain is not Bitcoin or crypto somehow. Crypto is blockchain + proof of work and some p2p. Blockchain is more or less the fancy word for immutable merkle tree. The idea to have a tree or chain of hashes based ond the previus one existed before bitcoin. And proof of work existed also before. It was used to prevent spam in emails. But didnt have sucess.

The glorius idea of nakamoto was to put it all together.. it was a good idea and worth a try but now we know its mostly worthless unsless you are a criminal or some fringe use case that shouldnt exist in Democratic and humanistic conditions

Naijoko··on Ask HN: Has anyone come up with a use for blockchain yet?
Why should they use crypto? Dont they have credit cards. The Value of the currency didnt drop and the Banks will hopefully be backed by the EU or somesorts. Their money is still good.
Naijoko··on Ask HN: Has anyone come up with a use for blockchain yet?
Buying drugs online is one of the first use cases and one with the longest use.
Naijoko··on Ask HN: Has anyone come up with a use for blockchain yet?
>Please try sending money from China to the outside and report back.

Bank transfere works... or alipay .. or western union... I dont get the problem. But I get the money from chinese customer.

Naijoko··on Stereo Gear in the 1970s
True... today there is lossless streaming in abundance and speaker systems that are very good for a reasonable price. I bought some bose home speaker today for my office and its amazing how good they sound.... and I got one of those "high end" systems at home.
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