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Talyen42

703 karma · joined December 21, 2014

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Talyen42··on Our employee trading policy at Coinbase
With equities, it's harder to trade on NPI (non-public information) because every brokerage needs to KYC (know your customer) your identity, so there's a record.

With cryptocurrency, it's possible to insider trade using completely pseudonymous/anonymous wallets and exchanges (outside of coinbase).

Coinbase will obviously fire anyone who did insider trading using a Coinbase wallet, but who would be that dumb?

Talyen42··on Faster Progress Bars: Manipulating Perceived Duration with Augmentations (2010)
It's also obvious to many users when a progress bar is "faking" progress, stalled, or clearly not representing the actual progress being made.

This makes me mad at your app, and very slightly less likely to use your software.

Good luck measuring my slight disdain.

Talyen42··on What is Cardano? An introduction to the cryptocurrency being built by scientists
science-based dragon-based cryptocurrency built on peer review pixiedust of the academia elite

there may be some good ideas buried under all this bullshit marketing buzzwordery, we'll probably find out next year

Talyen42··on Relevant in these crypto days – $5 wrench attack
Good justification for a lockout triggering mechanism built into a protocol:

Spitballing, but this could give a user a 1-month or 1-year or any kind of lockout condition by attempting to access it with a lockout-designated private key, along with a way to provide "proof of lockout" to deter attackers from continuing the wrench beating.

Talyen42··on SEC Halts a Real Initial Coin Offering
Most of the SEC's concerns about ICOs are related to marketing promises (amazing returns, we won't just steal your money and run away, etc etc.), and justifiably so.

I'm actually impressed with how well the SEC has been able to differentiate between legitimate cryptocurrencies and scam projects.

Talyen42··on I bought a Switch from Nintendo and they threatened me with legal action
I agree, it's great for the consumer.

But amazon didn't take the bullet. The seller of the mattress took the bullet.

Amazon didn't lose a penny.

Sellers just have to assume a 10% loss of gross margin due to issues like this. It's not the end of the world, but that's where the cost is.

Talyen42··on Bitcoin ‘More Than Just a Fad,’ Morgan Stanley CEO Says
Yeah, it's ridiculous how many people push the "you don't own your coins unless..." philosophy.

Do we really want users to have to understand DevOps six-nines infrastructure reliability, disaster recovery, and stay ahead of the infosec curve in order to hold cash? Not only is the unacceptable for mainstream consumers, i'd argue it's unacceptable for all but the 1% most savvy enthusiast power-users.

Talyen42··on China's Plan for World Domination in AI Isn't So Crazy
he sounds like someone with a high Trustworthy Score(tm)!
Talyen42··on Bitcoin Makes Even Smart People Feel Dumb
How many people understand the federal reserve, money supply, minting process, and quantitative easing?

How on earth do people use USD?! It's so complicated!

Talyen42··on LSTM trained on HN
My favorites:

# I like Self-Driving Cars Using Docker Components

# Elon Musk says he will be more than a secret artificial intelligence

# Show HN: A web browser for harassment in 2017

# Slack is the future of the world

# China has died

Talyen42··on Ask HN: What personal finance advice would you give your 25yo self ?
$10,000 saved in your twenties is $200,000-300,000 in your pocket at age 55
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