mastercyb
commented
4 years ago Bump
Closed mastercyb closed 3 years ago
mastercyb
commented
4 years ago Bump
serejandmyself
commented
4 years ago JK: IBC was a design inspired by TCP/IP and a fellow named Mike at Noisebridge 12.02.20
I always felt that OpenLibra is compromised by certain actors that are backed by a larger support team to manipulate the outcome of its discourse to be more centralized, while saying the opposite. I don’t know if it’s true, but here I take a stand. 28.01.20
I want you all to know that there is a war going in between Capitalism and Humanity, it’s centered around Silicon Valley, and the powers that be will kill to get their votes. 21.01.20
Censorship, or lack of transparency, enables abuse. This could be a deep fake, but it wouldn’t be surprising if this were real. How can you possibly prevent this without a culture of peer accountability? 08.11.19
18.03.2018
"Taking more money in an ICO is more a liability than it is an asset." - 06.12.17
Hard-spoon: a new chain that takes into account state from an existing chain; not to compete, but to provide broad access 15.09.17
Not to say that there is consensus in the Bitcoin community one way or the other, but that's what Social Consensus does. SC > PoAnything 20.03.17
Of course I'm assuming a token-heterogenous world. Competition among them will incentivize soundness, and provide a buffer during failures. 01.12.16
A pubsub protocol based on non-Byzantine fault-tolerant algos like Paxos/Raft/Zab would make a pretty terrible consortium/public blockchain. 04.10.16
It's a fact that some or many token offerings are scams. A diverse panel of experts could rate projects and offer guidance, to ID scams. 26.09.16
Bitcoin is a dual currency system. One is bitcoin. The other is the mining gear. There are benefits to this duality in PoS as well. 15.09.16
A blockchain is a massively replicated and auditable computer. That's what the chain of txs is for. 15.09.16
Today, I learned that copying entire cryptocurrency distributions into another fork, works pretty well. There's little benefit to attacking. 27.07.16
BFT blockchain shards imply non-global ordering, so scaling isn't a problem. I think the desire is more about secure money, than greed. 02.07.16
Only #blockchains have the potential to break through the very powerful fiat cartel. IMO this is the original purpose of blockchains. 29.06.16
On the flip side, PoS validator pubkeys known to follow the rules will build reputation forever. Whereas in PoW, the bribe attack is real, 27.06.16
Cryptographic pubkey security is more immutable, while PoW is too anonymous to protect against bribe attacks. Prediction: PoS will kill PoW. 27.06.16
JK: A good PoS system is built on top of BFT, uses accountability to enforce punishment, hence stake. 08.16.16
VB: That said, the penalties that I used were very small, only canceling out signing rewards. Vlad Zamfir joined in mid-2014, and he quickly moved toward requiring validators to put down deposits, much larger in size than rewards, that could be taken away for misbehavior. 16.08.18
If the attack chain diverges from the main chain at a fairly recent point in time, this is not a problem, because if validators sign two conflicting messages for the two conflicting chains this can be used as evidence to penalize them and take away their deposits. 16.08.18
The correct-by-construction philosophy is very different from traditional BFT, in that "finality" is entirely subjective. In CBC philosophy, validators sign messages, and if they sign a message that conflicts with their earlier message... 16.08.18
I managed to simplify PBFT (http://pmg.csail.mit.edu/papers/osdi99.pdf) and translate it into the blockchain context, describing it as four "slashing conditions", rules that state what combinations of messages are self-contradictory and therefore illegal 16.08.18
VB: I am boycotting @coindesk's Consensus 2018 conference this year, and strongly encourage others to do the same 26.04.18
JK: Looking at the evidence, can’t disagree. We will boycott @coindesk Consensus2018 and help organize a spoon. 27.04.18
VB: For the record: I said ethereum (+plasma et al) will have Visa-scale tx capacity, not that it will "replace Visa". Sigh. 18.09.17
The crypto space as a whole is a goldmine for social scientists of all kinds to explore. 17.02.20
Reminder: "shards are basically sidechains" is as incorrect as "block bodies are basically a sidechain of the block headers". 31.01.20
Decentralized reputation and moderation is an underrated and important space. 22.01.20
Quadratic funding is basically a general-purpose donation matching scheme where the question of what projects are eligible is itself decided in the mechanism: the more distinct people donate to something, the more likely it's a legit public good, so the higher the matching ratio 25.12.19
Automated rejection/down-scoring of blocks that censor transactions as part of the fork choice rule is a possible next frontier in consensus research. 28.11.19
I heard many comments like this growing up and they were extremely unhelpful in my attempts to understand anti-capitalist thought. Like, of course capitalism knows life is social. What else is Facebook? Bars? Telephones? 17.11.29
Many people in the "social tech" space are critical of authoritarianism and extreme capitalism, and see private cities without governance experimentation as doubling down on authoritarianism and extreme capitalism, and hence dystopian. 10.01.?
Network-bound PoW sounds like "proof of IP address", which is proof-of-authority where the entity that hands out IP addresses is the authority. 20.11.17
decentralized tech and censorship-resistant open permissionless networks will be meaningful in the 21st century. 15.05.18
Fiat is not intended as an investment; holding some ok to reduce risk but stocks/bonds better "HODL" is good advice if meaning is "don't day trade" 22.11.17
ICOs exist. ICO pumpers exist. Many are very unethical. 15.09.17
Proof of work is NOT robust if a majority is dishonest. A 51% cartel can censor anyone profitably. 12.08.17
Why would I buy bitcoin? If I wanted to diversify I'd go into fiat, real estate, stocks, that sort of old world stuff 22.06.17
Social consensus is also bitcoin's security model (see: bitcoin core's threats to hard fork change PoW if miners attack the network). We're just more explicit about it. 25.12.17
Creating a blockchain that does 10k tx/sec is easy. Creating a blockchain that does 10k tx/sec while still maintaining other key properties of blockchains (decentralization, security, etc etc) is hard. 19.12.17
Coin voting != PoS. In PoS validator's just verify blocks, they are not voting on decisions. Using PoW to vote on decisions would be even more of a disaster than using coin voting. 02.03.20
I may implicitly comment indirectly, eg. "PoS is better than PoW", but the goal will be to lay out what I think are the goals that ethereum is/should be trying to optimize for. It's up to each user to decide their priorities. 14.11.17
And yes, in either PoW or PoS, this WILL happen. The idea that if a 51% spawn camp attack happens, all $190b of bitcoin's users will just pack up their bags and leave is absurd; way too much incentive to coordinate and try to continue the ledger. 22.01.18
PoS is beneficial in part because it ia much cheaper than PoW, hence lower revenues. 07.10.18
CONVO between: https://twitter.com/VitalikButerin/status/990413455365582849?s=20
https://twitter.com/jaesustein/status/990329133401018368?s=20
https://twitter.com/VitalikButerin/status/1005335611664945152?s=20
https://twitter.com/zmanian/status/878063301741002753?s=20
https://twitter.com/VitalikButerin/status/820841085744201728?s=20
https://twitter.com/VitalikButerin/status/763120273684062209?s=20
https://twitter.com/VitalikButerin/status/763120273684062209?s=20
https://twitter.com/VitalikButerin/status/761913153722646528?s=20
https://twitter.com/VitalikButerin/status/737105183428075520?s=20
serejandmyself
commented
4 years ago
There should be 3 texts for each auction: Takeoff, Test of Thrones и test~Auction: