zadler

It’s low but the risk of smoking one a day isn’t 1/10 of smoking 10 a day, it’s probably much higher.

https://www.bmj.com/content/360/bmj.j5855

> NFTs are insane

With any luck, NFTs and crypto in general might reduce this kind of investment in property. They might turn out to be a better place to park excess cash.

It’s a bit confusing and wildly misleading if that’s the case. The article uses the word “regenerate” quite freely, but the scientific language is “agenesis” I.e. it wasn’t there in the first place. And of course the title “lost teeth” facepalm.

Summary: new method of ftl travel proposed that does not require exotic negative energy source. However requires orders of magnitude more energy than provided by a nuclear power plant, methods to reduce this have been proposed.

That’s missing the point. You could have said the same thing about the internet. But we are not collectively making this decision based on politics, the market has decided that crypto is valuable.

Crypto is well beyond escape velocity by now. That ship has sailed. It’s a shame that here on HN, people who might be useful in making some estimations of where it might take us are all tied up arguing over whether or not it’a the right solution. People find it distasteful, and energy usage is not the only reason.

I’m tired of this argument that “this is not decentralized”. It is meaningfully decentralized in multiple ways:

* there is no legal entity representing the Ethereum blockchain because it is decentralized

* the correct chain is not dictated by a single person or group of people

What you are seeing is an implicit form of democracy or people acting in shared interests and in support of Ethereum’s original developer and “leader”. The moment vitalik loses it and the organization loses credibility, alternate plans will be made according to the common interests of the people who have a stake in the system. Perhaps there will be a fork, but in the end the greatest demand will be for the most universally accepted version and the other will whither into insignificance ala Ethereum classic.

> Without expending a finite resource to produce another, you can't constrain a money supply nor prevent it from attacks.

Correct, but it doesn’t have to be energy intensive. Bitcoin /could/ move to proof of stake, technically.

Unfortunately for naysayers, Ethereum or other blockchains will achieve cheap and long running dapps sooner or later.

> “Blockchain” is a distributed technology created specifically for censorship resistance.

No it isn’t. Blockchain is a merkle chain where order is defined by a consensus process.

Your comment is the usual existential criticism that nearly every blockchain thread on HN is plagued by... you misunderstand the use case as well.

Never say never.

For the migration to be complete, there would need to be a coordination between the btc network and an eth contract to move the issuing of the remainder of the supply over to the contract. And an agreement of how the new units would be allocated; it seems doubtful that this could ever take place.

I’d wager that only very progressive and liberal countries would have this degree of openness. Think Switzerland and Holland. Most countries will distribute their own apps (which may also spy on you) and/or use preferred technology partners.

I’m not sure that needs to be a bad thing. I think the takeaway is that there’s good stress and bad stress. That was my conclusion anyhow; a little stress releases cortisol which is a steroid, too much causes burnout.

A bank transaction never settles. Though unlikely, it is possible that quantum events may sporadically reverse the transaction.

Both are probabilistic and highly unlikely.

Why only healthy incentives? Could they not equally be unhealthy ones?

How many people use it for payments is not the right metric, it’s not the payments that cost a lot of electricity it’s the competition to win block rewards where more energy means a higher chance of mining a block.

Indirectly, if a lot of people use it for payments it may be worth more and attract more mining competition.

That will also be solved, using chain collateralized actors in meat space. It’s already kind of happening, with projects finding ways to tokenize off chain assets like stocks and property.

That would fit really well with their brand and current smartphone business. I wonder what they will do about the issue of people leaving the car dirty.

I think that having multiple screens might use less cognitive resources than having virtual workspaces, since it is very natural to move your head / mouse whereas the workspace manager is a more high level construct.

The key is that people in Latin American countries will use crypto to sidestep tax as well as capital controls. Whereas previously that was more difficult because of the lack of an alternative currency system on the internet.

What are some good subsequent steps after the barely sociable vid?

It’s amazing to me that The most popular display managers on Linux have this flaw. Perhaps there is a workaround involving switching to another tty?

They wouldn’t, but they might still be considered to be running an exchange if they keep a centralized orderbook. So i don’t know how they will get around that.

Bitcoin is challenging because sadly most wallets don’t support custom transactions like metamask does.

Have I stepped into an alternate dimension where any Bitcoin thread on hacker news is not dominated by discussion of whether or not bitcoin is a fraud or even needed?

At the moment this is true, however it is conceivable that tx fees could pay for the network in the future. At current prices, each tx would cost about 50 dollars to produce 125,000 dollars each block, as the block reward does today. This is not unreasonable if the market cap of Bitcoin continues to increase and it is used as a settlement layer with smaller transactions taking place on second layers like lightning or Ethereum.

Lightning network will also scale to millions of transactions per second and consume much less than each Bitcoin transaction.

The point is that it’s not going away. Many times it has been pronounced dead but it has maintained enough utility to keep growing. This gives people confidence in it over time.

But that does have to be enforced via incentives/cryptography, and with reference to a clock.