repomies69

> Respectfully, I'd argue that building your own skill set or business is going to be exponentially more valuable use for those hours anyway, unless you really need the cash.

I've been seeing a lot of arguments that instead say that 6-hour workdays would make employees more productive. Well...

How so? Why should I give out my username and host with the key? In many applications I see no need for them.

How is it a scam if the founders are honest about it? Everyone knows the name of the game.

Yep, but someone should implement that first. Package repositories have pretty much centralized control still, and will have for foreseeable future.

I have heard a lot talk about these DAPP's. Is any DAPP seeing market adoption? I saw binary option marketplace earlier, don't remember the name, anyone have idea how active is it?

Many altcoins do these giveaways, also ripple gave those ripples away. I personally don't think that giving out free money is very good strategy, they should instead just focus on building something useful.

Services like github lower the barrier of entry to the OS development, and make things a lot easier. I think they provide a lot of value. Of course things were also possible without github earlier, but I think the barrier to open source development was higher.

Problems are always subjective. I personally think that Bitcoin will revolutionize certain types remittance and cross-border global transactions, but I think it will happen quite slowly.

What bitcoin isn't that useful for, is this kind of internet microtransactions that Microsoft was accepting. Which is quite funny in a way, because I myself use Bitcoin for this kind of transactions, steam games, humble bundle etc. But it isn't really that I want to use specifically bitcoin, it's just that I happen to have bitcoin lying around, and it is easier to spend btc on this kind of items than other payment methods. People aren't going to buy bitcoin to use them on steam games etc, but they might use them for steam games if they already have some bitcoin.

You have to take in account that for every failed banks there is something like 20 banks that have worked good enough. For full tilt, there has been many gambling services that haven't failed yet.

When using banking services, you have a risk of a bank run. How big that risk is? How much work are you willing to do, or how much money are you willing to spend to migitate that risk?

> There's a lot of talk about replacing Uber/AirBnB/Facebook/etc with decentralized applications but I believe those things are still at least a few years away.

At least a few years? LOL. I would give it 20 years.

> I can launch a smart contract with 20 lines of code in Ethereum.

Meanwhile, everyone is waiting for the first smart contract that is actually useful for something.

If you can create user-friendly app for betting and it is legal, why would you use blockchain for that instead of just using traditional way? I would bet my ass off that the end-users (gamblers) don't give a crap whether it is on blockchain or not, they just want it to be easy, quick and possibly cheap. And of course trustable. And by latter I don't mean "mathematical proof" trustable, they want brand that they know to trust.

I know what they mean.

> A bitcoin fork means you have to build up a group of miners sufficiently large and diverse enough that everyone trusts it.

Of course, you need miners. However the mining is the easy part, otherwise you need marketing, use cases, etc, for the currency to get any traction. I think an altcoin working on top of the ethereum blockchain would not be as convincing as invidual altcoin.

However of course if we are speaking about some other kind of asset, it might make sense to do it on ethereum.

> Making a currency on ethereum means it inherits the trust that ethereum has.

No. Maybe mining security or something, but trust? Why would anyone use these crappy in-ethereum tokens, when you can just use ether itself. Or bitcoin.

You can make tokens as well inside bitcoin via colored coins and similar methods. They haven't gained much traction, I doubt that they will inside ethereum.

"The Ethereum network is a distributed economy like Bitcoin, except it is much, much more powerful. The essential difference is that Ethereum is programmable. In fact, it only takes a few minutes to program a whole new currency like Bitcoin."

AFAIK it takes 5 minutes to fork Bitcoin and create a new altcoin. Why would I use ethereum for my altcoin instead of doing a new altcoin?

Are there examples of in/use DAPPS?

I've heard that for nationals outside US, US is very good place to store your wealth. Because they give zero information outside. However practically all financial institutions outside US are very dependant on US finance infrastructure. That means they will comply hard with US data requests, which means that US citizens outside US have hard time hiding their assets.

I once rented servers from Switzerland. I guess mainly based on the image of them being secure, privacy-oriented etc. It was not cheap, of course, but I was fine with that.

Turns out that they had really lousy security practice, their staff was probably some idiots. The granted access to our servers to some random dude with simple social engineering hack. In addition they never admitted their mistake, although it was clear from the admin console what had happened (I guess they didn't even research it).

The company in question was Private Layer Inc. Never use their services. I will personally never trust anything Swiss on any IT-related.

> If he had used a separate non-root account for Redis, the damage would have been limited to that single user account.

Probably not. The attacker would have gotten access to the machine. As there is a lot of software installed locally some probably have holes, which allows for full root access.

So I don't really believe it makes much difference for serious attacker if the attacker gets root access or normal access.

> It's all very sketch.

To me it seems very simple: level of effort. Uploading your hack/mod/whatever to rapidshare takes about one minute, or less. On the other hand, if you want to learn about git and github, you have to spend plenty of time on that.

It is quite funny, looking from a small country, how big the "tax software" industry is in the US. I live in Finland, but even we have about 5 alternatives for accounting software etc. However, not much for personal use. I often wonder how big percent of the software people work only on these problems, which relate to tax filings, refunds etc.