36,847 karma · joined March 8, 2009
- CoinFabrik: Web3, R&D in decentralization, and security audits. Blockchain (Bitcoin, Ethereum, Solana, Algorand, etc) and language agnostic (Solidity, Rust, etc)
- Nektra: security, application virtualization, reverse engineering, Windows system internals
- BitVMX <https://bitvmx.org/>: BitVMX framework provides the foundations to run any CPU on Bitcoin, with a focus to run a fully-compliant RISC-V processor programmable using a standard compilation toolchain.
Blogging at https://blog.coinfabrik.com @coinfabrik, https://blog.nektra.com @nektra, and https://blog.databigbang.com @databigbang
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In this context I also imagine we will have greater and greater local models, and the (dependency) ending game is completely unclear.
"Utility" is close, but "energy source" may be closer. When it becomes the thing powering the pace of work itself, raising prices is less about charging for access and more about taxing dependency.
[1] https://web.archive.org/web/20240911103423/https://www.bittr...
Now, it doesn't necessarily lower the cost of an attack because you can adjust the required output to a cost that is suitable.
[1] https://www.youtube.com/watch?v=iwVXC1Lf00k
[2] https://bitslog.com/2020/08/22/the-patoshi-mining-machine/
It sounds like this is considered military grade technology as cryptography in the 90s. The big difference is it's very expensive to create, and run those models. It's not about the algorithm. If the story rhymes it could be a big opportunity to other regions in the world.