139 karma · joined July 23, 2015
In practice that is difficult to do on most BASE jumps as you need to sustain a steep angle for 10-15 seconds to hit that speed. Density altitude will greatly affect performance as well.
What's cool is being able to sustain 180mph while not losing altitude, which it sounds like BMW+Salzmann have accomplished. From the article:
"While Salzmann’s first flight was a resounding success, it appears he’s not resting on his laurels. According to BMW, the daredevil wants to fly between the skyscrapers of South Korea next."
I've dreamed of being able to zigzag through downtown skyscrapers for more than 10-15 seconds. The Jetman project is astounding. From a friend who is working on a copycat, the costs are close to 100k to replicate. Eager to see experimentation+progress on any projects with the promise of making hybrid human+wing flight more accessible (cheaper).
For those curious, the two companies were Coinbase and Envoy. Interviewers at both companies were across the board superb.
The poop in SF is from growing rates of homelessness, not from density. SF ranks low on density compared to NYC and Hong Kong, yet only SF has a poop problem.
NIMBYism crops up in every place where there is growth, and it seems to create a system that rewards luck of being born in the right time and place over contributions to society.
https://dev.to/nestedsoftware/is-cooperative-concurrency-her...
This article does a good overview
https://www.bloomberg.com/news/articles/2019-07-29/here-s-ho...
https://www.mercurynews.com/2017/10/19/palo-alto-cuts-11-fir...
Let's be clear. Authoritarianism is not culture; it is an evil political ideology that the people of China are subjected to.
One of the topics I enjoyed deep diving on the most was the lightning network. The two pain points I observed for lightning were: (1) It takes a non-trivial amount of energy to understand hashed time lock contracts well enough to be able to prove the concept to yourself. Not having as easy mastery of a topic off the bat leads to feeling less secure about one's ability to reason about security. (2) The specter of rising on-chain fees for commitment transactions to open payment channels.
With regard to Nano, I was happy to see a different approach to the same problem that was more intuitive. I run a small business and am waiting for the desktop and mobile wallets to come out of beta before I offer the ability to pay with Nano.
I'd be happy if something came along that was better than Nano. I have it on my todo list to look into Byteball Bytes. I am optimistic about larger scale benefits that society will enjoy from the cryptocurrency space if certain projects are successful (eg improved ease of financial auditing, information-sharing platforms with strongly reduced odds of astroturfing, disappearance of credit card fees, increased financial transparency, reduced exchange fees when traveling, banking for the unbanked, etc). Since I am optimistic about the societal benefits from the space as a whole, I want to see more developers interested in getting involved.
You do not see it because you likely fall outside of the demographic of cryptocurrency first users: businesses and citizens in countries facing hyperinflation, black markets, gambling, porn users seeking anonymity, legal pot businesses in the west cut-off from traditional banking in the west, legal porn businesses cut-off from traditional banking in the west.
Bear in mind there is a lag in adoption of the best technology. Just 4-5 months ago bitcoin was still the dominant currency on darknet markets, now it is monero.
ICO's that promise guaranteed returns are scams. Nano is an open source project that aims to give people an alternative to government currency. https://trends.google.com/trends/explore?q=raiblocks The most interest as measured by google search activity in the world for raiblocks/nano is in Venezuela; you'll find a similar pattern of top search results coming from countries where citizens are looking for alternative currencies -- Kosovo, Cyprus, Greece, etc -- with other useful cryptocurrencies.
disclaimer: I interviewed with the team back in January and turned down a contractor role but was impressed with their mission and roadmap.
I am surprised more folks on HN are not familiar with nano considering it is one of the few teams in crypto with endorsements from familiar faces: Zack Shapiro on the core team (ex-Product Hunt), Garry Tan (YC, angel investor in Coinbase), and Charlie Lee (former director of engineering @ Coinbase).
To many Americans and world citizens with less disposable income, you might seem kind of nutty to not worry about losing 3% on your under $15 purchases. Credit score and insurance industries are ubiquitous. For most folks if they move to another country you will often be penalized by that country's insurance or credit score agencies for not having recent history. There is certainly room for improvement.
The blockchain and smart contracts provide interesting ways to tackle these problems with clever and transparent protocols. It is not difficult to imagine a credit score system (https://hellobloom.io/) that is based off a transaction history tied to an identity token (https://www.uport.me/). In that case, merchants and customers can choose who they want to engage with based off reputation and history.
That is one way of doing a transaction with a merchant. Another way would be to use a hashed time lock contract that allows you to get a refund on demand. In that event, the merchant has to trust you.
As both a consumer and a business owner, I am excited to see a highly diverse market of options for how we do transactions, as opposed to a market dominated by 3-4 players.