109 karma · joined August 31, 2022
But I was talking about Brits in a wider sense -- the people with British passports and voting rights at the time when those mass migration laws were passed. Which happened against their consent.
At the height of the attack, Qubic (the company) paid people up to $3 in QUBIC for every $1 of XMR they mined through QUBIC, and they achieved around 33% of XMR's hashrate which was sufficient to mine the majority of blocks for a few hours.
If they were forced to buy back all those QUBICs they paid out, this might have cost them ~$100k/day. But thanks to the media attention it's likely that they didn't need to buy anything back and actually were able to emit more than they otherwise could have.
XMR needs to adapt -- switch to PoS, or ASICs-based POW, or a hybrid of both.
At the height of the attack, Qubic (the company) paid people up to $3 in QUBIC for every $1 of XMR they mined through QUBIC, and they achieved around 33% of XMR's hashrate which was sufficient to mine the majority of blocks for a few hours.
If they were forced to buy back all those QUBICs they paid out, this might have cost them ~$100k/day. But thanks to the media attention it's likely that they didn't need to buy anything back and actually were able to emit more than they otherwise could have.
XMR needs to adapt -- switch to PoS, or ASICs-based POW, or a hybrid of both.
5% down is insane. predatory lending IMHO.
Of course not, but it's the fault of whoever lobbied for and passed those laws.
> we are inviting them.
Who is this "we"? It's not the British people.
Crypto projects succeed/fail for all kinds of reasons that are completely unrelated to de-/centralization. You'll have to be more specific about what Grin's case should teach us.
>So then, _centralize_ around an ASIC?
ASICs are commodities. For BTC (SHA-256) there are at least 8 different companies producing ASICS, and even a smaller project like KAS (kHeavyHash) has >4 competing companies. Not much centralization risk on that side, at least not for mature projects (which a hypothetical ASIC-XMR would be by now).
The main challenge for ASIC-miners is the same as for CPU- and GPU-miners: cheap electricity -- and that's not something that can easily be centralized.
The attack itself is unprofitable, the "profit" for Qubic is the publicity they get. (or at least that's what they're betting on)
If there are several competing coins using the same algorithm, it may be possible to incentivize ASIC miners to destroy one of them if it benefits the others, but even then it's risky.
CPUs in contrast can be used for a million different things, CPU miners are not incentivized to support any given crypto project. It's also much easier to rent large amounts of CPUs than of ASICs.
Back then my field had plenty women and asians, I also knew a bunch of middle easterners (mostly iranians, but that's probably by accident). They got into the field because they were interested in it, so they were good at it!
Nowadays many people (including the despised white boys) enter the field because they think it's an easy way to make money, not because they're interested in it. But at least with the white boys, employers are still allowed to filter based on interest and ability. They can't filter out "oppressed identity havers" on the basis of interest or ability, who as a result are just as bad as nepotism hires -- some are good, most aren't.
What we should have focused on for the last 20 years was reducing nepotism, instead we created a new type of nepotism based on identity. In traditional nepotism you need an uncle who is friends with the boss, here you just need the skin color that is friends the boss of your (boss's)^n boss.
> I think we need diversity. Am I wrong?
There are definitely some circumstances where identity and cultural background can be very job-relevant -- for example for understanding your customers.
But that's pretty limited. Does your skin color or genitals have an effect on what kind of networking problems you can solve? The only reason we haven't proven the Riemann hypothesis yet is because we forgot to hire a Manchu-Bantu queer Muslim with ovotesticular syndrome and vitiligo? I don't think so.
Even if you believe that, this perceived need does not justify identity-based discrimination. Discrimination creates resentment.
Actual, legally enforced, culturally glorified discrimination (which corporate america currently has against white and asian men, unless they're nepotism hires) creates more resentment than does the ethereal, unfalsifiable, hypothetical discrimination that you assume to exist based on outcome disparities, even though companies are aggressively punished for any actual such discrimination (against anyone besides white and asian men).
The main unfairness in corporate America is nepotism. If you fight that, you'll automatically fight more white men than members of other identity groups. The main unfairness in America in general is poverty. If you fight poverty you'll automatically help more minorities. The main beneficiaries of DEI are "oppressed identity havers" from high income backgrounds. DEI reinforces/extends nepotism and income inequality instead of fighting it.
Lol are you talking about "discrimination" on the basis of task-relevant skills?
Until 20 years ago, nobody in OS cared who you were IRL, your gender, ethnicity etc. In many cases they didn't even know, plenty people only contributed under pseudonyms. Hard to believe for people who only joined the show after social media had become pretty much mandatory, and the "I don't care who you are IRL"-crowd got drowned out by "who you are IRL is the most important thing, not what you contribute"-crowd.