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glebedel

20 karma · joined April 8, 2016

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glebedel··on Startups from Y Combinator’s S19 Demo Day 2
https://prooftrading.com/ this looks like a resume template. The "Progress" section's content is mind boggling to see.

"hire CTO" as a goal

Team capabilities star ratings...

glebedel··on Show HN: Lightning Network Search and Analysis Engine
Only one of the implementation is coded by blockstream. It's a protocol, anybody else can create an implementation of it. Several other companies have created clients like LND (https://github.com/lightningnetwork/lnd) - probably more popular than clightning.

> How do we know that there isn't an easy backdoor that allows this network to be controlled for Blockstream's purposes?

The code of clightning is open source, so is the code of most known clients out there.

> The fact that it is so complex and ill defined is dangerous and an antithesis of decentralized system design and ethos

Your comment really seems like a baseless conspiracy theory full of ad hominems with no proof of what you mention: - it's not that crazy complex compared to all the intricacies / op codes and game theory of the Bitcoin base layer - it is more easily distributed than the base layer since it's easier to run a LN node by itself (albeit still relying on a bitcoin full node that may not be in your control if you wish it so).

And like other said, Blockstream doesn't have many employees working on the base protocol (3 now afaik since Luke Dash JR & G.Maxwell do not work for Blockstream anymore). The few they have actually made very useful contributions to the code base since 2011/2012 which you can easily see through and most of their code is also used in all forks of Bitcoin aka BTG, BCH etc...

> They were responsible for all the propaganda and talking points against bumping the block size leading to the BCH fork

Any proof on that? Almost no bitcoin developers (albeit none apart of maybe 1 if you count Gavin which didnt contribute for years on the code base) left to work on this particular fork. There was no scientific consensus stipulating larger blocks (than 4mb) would be safe hence why the community at large did not support BCH (and why it has a minority of market share and mining share, TX usage etc).

glebedel··on Ending Bitcoin Support
A minority of core devs work for blockstream. There are routinely dozens of devs every months comitting to github.com/bitcoin/bitcoin and only half a dozen work for blockstream. Chaincode labs commit more code than Blockstream.

Bitcoin is sound money like gold was a long time ago. MOE is going to happen as a use case, it's just far from being the most important use case.

glebedel··on The Echo Dot was the best-selling product on Amazon this holiday season
Sadly it can't in all countries (bought it in UK and discovered Fire TV controls was only enabled for the US because... who knows).
glebedel··on Bitcoin hits $10,000
None of this amounts to evidence... At best you got correlations but attributing the rise to tether issuance really isn't proven by any of this.
glebedel··on TransferWise announces $280M investment
Not if using different currencies. high fees and/or abusive exchange rates.
glebedel··on Percentage of Europeans Who Are Willing to Fight a War for Their Country
Not to mention Japan was the lowest with 11%...
glebedel··on Hidden surprises in the Bitcoin blockchain and how they are stored (2014)
transactions have been going through for a several weeks with 1-20 satoshi per byte. Unless you're in a hurry to get that image in a block, you can do it for 10 to 200 times cheaper than quoted price.
glebedel··on Ask HN: Average Salary for PHP Dev in London?
That's actually 88K GBP which I guess might be doable as PHP dev in London if you are working for a major US company and are very senior.