Older photo is the real one.
78 karma · joined May 8, 2017
Older photo is the real one.
It seems unlikely that US and west would get involved in a direct major military conflict with China, no matter what. The costs are too great. It is far more likely that they would only provide military equipment and intelligence (like Ukraine).
So this move of TSMC actually strengthens the shield a lot more than it weakens the spear.
Take into account the probability of a costly failure, and increase the price to account for it. And compensate victims to a certain extent, but quietly. I suppose they would fight any publicity of such incidents, since that would have a huge impact on sales, I have read a few such stories, and usually they disappear from the news pretty soon, likely because the victim agreed to be quietly compensated. I could be wrong.
For example, it could be the case that Omicron is actually less infectious than the original variant, when compared in the setting of 2020. It spreads faster today because, (i) because of preexisting immunity most cases are very mild, and so lots of people become unwitting carriers, (ii) people have gone back to normal behavior after vaccination, and (iii) the vaccines inhibit the other variants much more than Omnicron. So Omicron gets more opportunities to infect and spread. Of course, all this is just conjecture and could be true or false.
What matters from a practical point of view is that, Omnicron is less severe in the general population today(for various reasons), as compared to the original strain back in 2020.
But I wonder why doesn't this problem also arise in the current Proof-of-Work system. A sufficiently well-funded group, with about 20% hash-rate can try to extend the current head of the blockchain by 6 fake blocks at every time. If they succeed, i.e. all 6 fake blocks are mined before the real network mines 6 real blocks, then they can publish their parallel chain with the fake transactions and it would be longer than the real chain.
This is equivalent to the expected number of coin tosses to get 6 consecutive heads, where the coin is heads with probability 1/5. Here, heads means that a fake block is mined before the corresponding real block is mined. This number is less than 20000, which corresponds to about 6 months of time. This is expensive, but not infeasible. They just need to remain solvent until they succeed and then easily cover the costs.
Both are extending their respective chains as fast as they can. A bad-agent, who wishes to double-spend has to rewrite history, and therefore has to start a few step behind the good agent. To succeed, the bad agent has to overtake the good agent.
Even if both have the same speed (i.e. 50% computational power each), the good agent will sill be a few steps ahead of the bad agent, and the system is secure. If the bad agent is faster(51%), then eventually it will overtake the good agent breaking security.
This is true even if the cost of computation is zero (e.g. the Govt. pays for all your computation cost). As long as the bad agent doesn't have 51% or more of the computational power, the system is secure.
The external reward by itself provides no competitive advantage. It reduces everyone's costs by the same amount. Rewriting history still remains difficult.
So what am I missing here?
I thought that the security of a block-chain comes primarily from the difficulty of rewriting the chain of blocks. To do that you will have to fork and recompute the chain from some point back in history (say 5 blocks ago). This puts at a disadvantage since the rest of the network is ahead of you by 5 blocks and will continue adding new blocks. So you will need a lot of computational power to rewrite history and also overtake the rest of the network.
Why would some additional reward for mining (by solving a useful problem) break this?
Think about this another way: if it is true that the prices are going to rise because of UBI, i.e. because everyone can afford the "basics"(the B of UBI), then it means that the lower prices of today require that some people do without these basics.
To expand on this (from some googling). All of this requires root.
1) Create a sparse file (actual size depends on usage)
truncate -s 100G /home/zzz/Dropbox.image
2) Create a ext4 filesystem on it mkfs.ext4 -m0 /home/zzz/Dropbox.image
3) Mount it as a loopback file system sudo mount /home/zzz/Dropbox.image /home/zzz/Dropbox-fs
4) Create / Copy your dropbox folder to Dropbox-fs sudo mkdir /home/zzz/Dropbox-fs/Dropbox
sudo chown -R zzz.zzz /home/zzz/Dropbox-fs/Dropbox
cp -r /home/zzz/Dropbox-original /home/zzz/Dropbox-fs/Dropbox
5) Start Dropbox and point it to the new location6) If we want to mount this automatically at login. Adding it to /etc/fstab may not work because of encryption.
But perhaps some script at login to mount it will work. For example, we can create a script at /usr/local/bin/mountDB.sh and then add a line to /etc/sudoers
zzz ALL=(root) NOPASSWD: /usr/local/bin/mountDB.sh
Then somehow call this script at login of user zzz.The quality of this research may indeed be poor, but the "tall pants" analogy seems disingenuous.
If all companies currently follow expensive but environment-friendly processes, a rouge company can undercut them by following a cheaper but environment-harmful process. This will either force other companies to follow the rogue company, or they go out of business.
For clarity, perhaps one can include a "proof of correctness" of the algorithm in the comments.
It won't help how choosy investors are, or how well the economy performs. The money supply is fixed. So for someone to make 120 bitcoins from an investment of 100 bitcoins, someone else has to lose 20 bitcoins, which would be other investors, or the public (workers / consumers).
Without inflation, i.e. fixed money supply, it would be impossible for a majority of loans to be repaid with interest, or give a positive return to investments. Note that this fact is independent of how well the borrower or business performs. (This is like a zero-sum game).
So, it would be irrational for investors or lenders to part with their deflationary money, as the net profit is always zero (or negative because of other costs).
I am very interested to know if there is a way around this problem.
Whenever you are sick, the doctor / insurance company loses money curing you.
For general RS-codes you don't need to detect which points are corrupted. An intuitive explanation of the decoding process here is that, if a small number of evaluation points are corrupted, then the original degree n polynomial is still the closest polynomial to the (slightly corrupted) set of evaluation points. The decoding algorithm uses this fact.
This however comes at cost. General RS-codes can correct only half as many errors as Erasure RS-codes.