EGreg

Wait, but what if you worked hard for 10 months iterating with a chatbot, which used an LLM to write the code behind the scenes?

You didn't write the actual code by hand, but you did iterate a lot and fix a lot of bugs, etc.

Indeed, very shortly since digital computers were invented, there was corruption. For years, until the voltage could be controlled better and until IEEE standardized things.

Indeed, very shortly since modems were invented, there was need for error correction. They were slow and clunky. The only reasonable conclusion is that the Internet is a fad and not worth discussing. Same as this newfangled decentralized cryptography stuff.

Indeed, very shortly after the Web came out, regular script kiddies could write php websites with blink tags. Credit card numbers were sent in the clear with http. This “e-commerce” thing was a dangerous joke, only idiots would send their credit cards over the Internet. It would never catch on!

You misunderstand. The very reason that this Binance hack is a huge issue is that $5B was concentrated in specific wallets under specific keys.

A decentralized network of wallets and balances doesn’t present an attractive target for hackers specifically because the payoff per wallet is so small!

It is exactly the centralization you are defending, which is at the root of the problem. In the decentralized case, no one has to determine who is a student or a teacher. If a teacher needs to pass KYC with a marketplace, they do it once, and from then on can permissionlessly receive their small payouts.

I know what’s going to happen. I will explain what crypto is for and then it will get downvoted just because it says anything positive about crypto.

The point is to NOT have a single place with access to all the money, votes, etc. Every participant should be acting as themselves, and there should be no way to do things on behalf of others without their consent.

The point of smart contracts is to have code you can actually trust. Your bank or openAI can change their website, APIs and even their models tomorrow. That’s not great for trust. Trust is what enables things to scale.

The same way you trust other internet protocols to just “route around problems” and not have one single point of failure, that is the substrate for Web3.

Imagine a Web2 website such as a student-teacher marketplace NOT handling millions of dollars, accepting money from students and paying them out to teachers. Imagine it being simply an interface while the actual transactions are approved by the students themselves, and instead of the central site signing payouts with some keys, the teachers get paid through smart contracts and code on the blockchain. The site can still take 10% commission from everything, it would be above board, and it can never change it without the consent of the people. The business logic is in the smart contract.

(Since this comment has the keywords “crypto” and “web3”, I know what will happen in advance already.)

Notice that the hacking is mostly happening with centralized venues. And that is to say nothing of FTX, Celsius etc.

The original promise of crypto and blockchain was to cut out the middleman and NOT concentrate a lot of money under a few custodial keys.

If you took your crypto off exchanges when not in use, you’d be fine. Not your keys, not your crypto.

how do we know? it could be nonsense...

I’ll be straight with you… I think it’s the RLHF. That is the most load-bearing aspect

Instead of what patch? I just said this is for those who have NO PATCH AVAILABLE. I guess you need the strawman to make a valid point, though…

The mindset that every hacker and tinkerer has. Trying to take the system apart and decouple it.

Meanwhile most people just do the traditional thing

What if you ask your AI to make it for you based on the site?

Also, the Web is already open source