410 karma · joined September 12, 2012
9 hours later it is still there... ️
This is incorrect and actually doesn't make sense. An important part of DeFi are DEXes (decentralised exchanges) such as Uniswap and Kyber. There is a liquidity pool where you can instantly buy/sell assets. There is no 'waiting' to find someone (i.e. no problems with coincidence of wants). You definitely do not need to find someone with a CDP. You can hold DAI without opening a CDP. Contracts can hold DAI (as DEXes do).
> Similarly, there's no way to unlock your collateralized asset, you have to find someone who is willing to sell you the stablecoin in order to open up your vault and get your eth out.
Also incorrect. You need to pay back the debt of your CDP with DAI. You can do this easily by buying DAI on a DEX, paying back the debt, then releasing your collateral. Some services exist to do this in 1 transaction, so you don't need to actually 'buy' any other asset. You just send the transaction to a contract and they take care of the details.
The DeFi, specifically the Ethereum space, has moved very quickly in a short amount of time, so there are a lot of new concepts and instruments out there. I think a more traditional finance person will have trouble understanding it all as in some cases, there are no analogies to the traditional finance system (e.g. flashloans).
Things that were first done/discovered in SA: - military tank - sunscreen - hills hoist - early version of wifi (controversially)
References: http://www.abc.net.au/local/stories/2014/07/23/4051703.htm http://insidesouthaustralia.com.au/5-amazing-south-australia...
I'd love to see how good your model gets.
You mentioned that you used the lyrics from 50,000 rap songs. Did you have any filters for quality or certain sub-genres? What era were the rap songs from? Maybe the 'quality' would be higher if the data set was narrowed to what you consider quality hip hop lyrics.
Also from your post: "You can see that D-Prime does internally rhyme to a small extent, but making the model better in this regard seemed like it was going to be tough, and I didn’t pursue it." What were your main challenges to improving/pursing better internal rhyme schemes?
This is as good (and better) than current escrow services as it is decentralised, between the contracting parties only, and can have very fine grained conditional statements or scenarios before a 'contract' is executed.
In the example you gave, the escrow could consists of you, me, and a computer program. You sign to say you've sent it, the computer program I used to open it signs it, and I also sign it when i view it. So in this scenario, you could get paid when 2/3 parties have signed, or have a staggered payment structure of 50% when 2 have signed, then the other 50% when the remaining person has signed. This would be escrow, but escrow based on the quality of a digital good.
Hope that helps :)
For the average person, I can list a few reasons: - near immediate transfer of money across international borders - close to zero fees or greatly reduced fees when transferring money internationally - safe and secure store of value (for the unbanked)
Then there are the future killer apps that will be created - tipping on the internet (changeTip / Coinbase) - programatic money - smart contracts - pure play digital banking - ??
It's hard to see how bitcoin could apply to the general public sitting at your computer in a first world country. But keep in mind there are nearly 5 billion unbanked or unserved people in the world where bitcoin (or similar) will change their life.
Check out https://app.io/safari if you want to have appception
It's a streaming tech, but we can target on the ad network level (wifi/4g/3g/etc). We only run ads on devices where we know they'll have a great user experience, since we hate crappy ads as well!
Good point on having more info. What we've found is that developers will want to get into the nitty gritty details, whereas ads people will want easy to digest info about how it will benefit them.
If you're keen to find out more, we have some pretty good documentation: http://docs.app.io/
Feel free to reach out to me (david@app.io) if you want to chat :)
Rent really depends on where you are located. SOMA could be minimum $2k+/month for studio. Mission area could be cheaper. SV probably has similar prices to SF.
Look for housing on airbnb/craigslist/walking around... really depends on what type (long term, short term, etc). There are also a few hacker houses around that you could probably stay at.
For those that want to test the game but don't want to set it up in xcode, i compiled the code and uploaded to app.io: https://app.io/qj4Ofv