Recent submissions

Comment · 8 years ago
Also known as the oracle problem. Some platforms find solutions to this in a decentralized way, see Augur. The solutions to real world data being inputted into a blockchain is an economic one.
Comment · 8 years ago
Is Elixxir just another dPoS system?
Comment · 8 years ago
I have a question. Why do cryptocurrencies illicit such strong responses from both sides?
Comment · 8 years ago
There's a way to store this in an immutable and trustless manor, but the B word gets a lot of push back around here.
Comment · 8 years ago
"When will this internet hype finally die?"
Comment · 8 years ago
I don't see this ever being an issue, frankly.
Comment · 8 years ago
Right. Perhaps comparing the coo to checkpoints isn't an apt analogy. However, the intent is the same. Without a coo, transactions would be probabilistic and confirmed once they went above a cumulative weight threshold, but the transaction volume is still too low to prevent a Sybil attack, hence the coo. It's still an open question whether or not the tangle can function coo-less, but it makes for an interesting experiment.
Comment · 8 years ago
Right, but that's thanks to innovation in the digital media space and subscription models, not necessarily regulatory pressure.
Comment · 8 years ago
Hence the word analogous. They are both training wheels for their respective networks.
Comment · 8 years ago
You've just described Bisq
Comment · 8 years ago
Sounds like torrents all over again, i.e. a giant waste of resources. Criminals will always be one step ahead of the DOJ or any other regulatory body.
Comment · 8 years ago
IOTA is moving towards an open source coordinator (released today on github), and eventually coordicide (which is what it sounds like). It's been the goal of the project from day one. Bitcoin had checkpoints when it started; the coordinator is analogous to checkpoints. Wouldn't touch XRP with a ten foot pole, though.
Comment · 8 years ago
And also not accurate.
Comment · 8 years ago
That's just due to liquidity. The peg is maintained through arbitrage, so of course if you have low liquidity you're going to have fluctuations around the peg.

Live from the official Hacker News API

A modern reader for Hacker News · SvelteKit + Skeleton