capnorange

5 ms·

1.
by capnorange 5y ago
buying a stock on web2 vs web3 gives interesting properties because of ownership. for ex: take an instant USD loan on your stock, since you are the owner only your authority(signature) is needed. In web2 world you go through middlemen.
2.
by capnorange 5y ago
for me, cannabis is only useful for sleep and sometimes blank canvas thinking.
3.
by capnorange 5y ago
some of the cc0 licensed NFTs encourage replicas :) nouns.wtf
4.
by capnorange 5y ago
will minting a replica give me gated access to discord? or showcase my collection on gallery.so? also some of the popular NFTs these days are cc0 licensed, so they do in fact encourage copies! I hope the trend continues. cc0 nft - nouns.wtf
5.
by capnorange 5y ago
1. Social recovery methods. 2. Even if you use a hardware wallet you still need to backup your seed phrase offline.
6.
by capnorange 5y ago
there is practically no attack vector in using infura. Infura can't fake your can't fake your cryptographic signature. Worst case, they censor txs from your address at which point you can run your own node.
7.
by capnorange 5y ago
If you are an optimist, HN is not the right place to have a "pro" discussion imo. I will outline products that i'm most excited about or use regularly . 1. Decentralized exchanges: Uniswap.org, projectserum.com. 2. Stablecoin
8.
by capnorange 5y ago
I mostly optimize for dev time over performance. Next.js, Vercel + API functions, DigitalOcean postgres with Prisma. The biggest dev bottleneck for me was styling & css(mostly because I put away learning it!), tailwind ui components hav
9.
by capnorange 5y ago
I believe all NFTs should be in public domain, in the same spirit as open-source. recent NFT projects like Nouns[1] and many others have taken this approach! [1] https://nouns.wtf
10.
by capnorange 5y ago
https://vitalik.ca/general/2021/03/23/legitimacy.html "Legitimacy is a pattern of higher-order acceptance. An outcome in some social context is legitimate if the people in that social context broadl
11.
by capnorange 5y ago
Maybe. Most popular mixers are now open source, wasabi, samourai, tornado.cash
12.
by capnorange 5y ago
It is more like a regular bank than anything else. A bank that uses a different transport network. That's why decentralized stable coins like DAI and others exist :)
13.
by capnorange 5y ago
the smart contract has a blacklist flag that can be activated by the Tether, this prevents on-chain transfers. https://etherscan.io/token/0xdac17f958d2ee523a2206206994597c... The USDT will be burned and the USD release
14.
by capnorange 5y ago
have been enjoying using Cascadia Code
15.
by capnorange 5y ago
> Blockchains are for trustless systems Not necessarily. Permissionless access, composability and public data are still useful which is not possible in regulated environments.
16.
by capnorange 5y ago
Psychology is probabilistic science, that's the best we can do given the complexities of the mind. If you want to get a taste of rigor in psychology I suggest you read some of the works by Carl Jung. Agreed, most people looking to unde
17.
by capnorange 5y ago
most problems in startup like environments(particularly from my experience in social networks), "understanding the problem" is not as easy. That's why trial and error, moving fast works.
18.
by capnorange 5y ago
1) Decentralization is a spectrum, BTC -> ETH -> SOL, AWS will be really difficult to get some blockchain properties: permissionless & composability. For smart contract platforms, imo some level of decentralization can be sacrific
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by capnorange 5y ago
konnakol https://youtu.be/ZAVZtCZV9aI
20.
by capnorange 5y ago
will they also go behind developers working on decentralized "Mixer"s like Wasabi/Joinmarket?
21.
by capnorange 6y ago
As long as selling ASIC's are profitable -> more R&D and eventually everyone has access to the most capable ASIC's. Off the top of my head, data from 2 years back(things might have changed now). Bitmain, one of the top 3 mi
22.
by capnorange 6y ago
sorry, I read it wrong trying to compare it to bitcoin. I think the author is only demonstrating PoW/PoS and not Bitcoin itself. > Other students are paying in bricks? This is the transaction fees. > Is there a limit to the numbe
23.
by capnorange 6y ago
the bricks are the blocks not the currency, here the value is in able to write their own names on the bricks with a sharpie.
24.
by capnorange 6y ago
> but without 2 years of constantly solving sudoku under their belt, they couldn't compete with the more experienced sudoku-solvers Inaccurate analogy. Miners are more limited by cheap electricity/cooling than CPU which is more
25.
by capnorange 6y ago
no evidence. looks like some random post.
26.
by capnorange 6y ago
wait.. this seems contradictory to this -- https://www.theblockcrypto.com/post/95207/bitfinex-tether-ne...
27.
by capnorange 6y ago
"It detaches property rights from the legal system and the monopoly on violence." https://medium.com/@hasufly/bitcoin-and-the-promise-of-indep...
28.
by capnorange 6y ago
there is no difference between "life" and "no life" :)
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by capnorange 6y ago
I get this argument but you can long BTC if you are long internet. BTC has some superior properties: 1. Censorship resistance / Self custody 2. Reasonably cheap to transact large value across space. 3. Network effects Also, gold like b
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by capnorange 6y ago
medium of exchange, unit of account, store of value.

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