yinyinwu

6 ms·

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Founders Guide to Equity(femstreet.substack.com)
2 points by yinyinwu 5y ago|0 comments
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Pulley (YC W20) Is Hiring Go Engineers
1 points by yinyinwu 6y ago
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by yinyinwu 6y ago
Pulley | Engineering & Design| Remote or Bay Area Pulley helps startups manage their cap table and equity. We're a small team of former founders (4 of the 8 are YC founders). We're growing quickly and hiring across the board.
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Pulley (YC W20) is hiring to help founders start companies(docs.google.com)
1 points by yinyinwu 6y ago
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by yinyinwu 7y ago
I thought that insurance fees were capped at $7 - 10k even with high deductible plans. Even if the bill is split over two years, it's $20k. How does the insurance bill end up being so high?
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How much are cryptocurrency volumes overstated?(medium.com)
2 points by yinyinwu 7y ago|0 comments
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How much are cryptocurrency volumes overstated?(openmarketcap.com)
4 points by yinyinwu 7y ago|0 comments
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Crypto Developer Report Q1 2019(medium.com)
27 points by yinyinwu 8y ago|0 comments
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by yinyinwu 8y ago
What are the applications for this?
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by yinyinwu 8y ago
The rate of business travelers who fly business class is not 100%, but it's very high for most airlines. For US and European carriers, it's around 75%. Since the cost is 4 - 7x higher than commercial, most people aren't payin
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by yinyinwu 8y ago
The TL&DR I'm getting from the thread is that everyone should stop flying because it's so bad for the environment.
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by yinyinwu 8y ago
On a commercial plan, business travelers accounts for >70% of an airline's profits. My read on the article is that Boom is targeting the business customers on a commercial flight and faster transit time is one of the biggest wants f
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by yinyinwu 8y ago
The technology around Supersonics has existed for nearly half a century. The Concorde supersonic plane was flown in 1969 - nearly nearly a half century ago. At the time, one of the big cost was gas. Significant improvements has been made to
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by yinyinwu 8y ago
Congrats Tracy!
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by yinyinwu 8y ago
Lots comments are focused on the funding structure, and that misses the point. Pioneer takes the risk in funding early projects not companies. They explicitly call out that they will invest in researchers or artists who aren't sure whe
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by yinyinwu 8y ago
Hi there - We are auditing our smart contracts prior to launch and plan to open source them. If you are interested in trying out the protocol on launch, send us a note. Per GDPR specifically, I am learning about the regulations and my under
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by yinyinwu 8y ago
Climate change is an interesting example. An example of a DIRT registry, would not be the question of "is climate change real". It's unclear what defines "real". Rather a registry could be a list of the average air
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by yinyinwu 8y ago
Whoever stakes the most tokens also has the most to lose. There is other side of the moderation - anyone can challenge incorrect data and earn tokens for their work. Currently, there is no support for moderation at scale. Projects like Open
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by yinyinwu 8y ago
Curating trusted data for narrow-focused markets is a feature for DIRT. Before Amazon sold books back in the day, it was hard to buy a specialty text book at your local bookstore. If you need to find trusted data, a curator exists only if t
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by yinyinwu 8y ago
Two parts: 1. Economic - you stand to lose the tokens. Similar to mining on bitcoin, the cost to spam the network is proportional to the value of the network. If there are a lot of users, the value of the token is higher and it will be more
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by yinyinwu 8y ago
Thanks for the comment! Transparency would be the third benefit. With the blockchain, you can see the entire history of votes. Every transaction is recorded. Today, if a website accepts bribes for reviews, visitors to the site do not know t
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by yinyinwu 8y ago
Before Wikipedia, the idea that an openly edited online journal would be better and more accurate alternative to Encyclopedia Brittanica would be surprising to most people. There's two parts of the design that leads to more accuracy fo
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by yinyinwu 8y ago
Thanks! DIRT is a fundamentally different approach because it removes the middleman and there is no central moderator. Our goal is to move the trust from a central party to a system of rules that anyone can participate in. I think verified
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by yinyinwu 8y ago
TCRs work well when the information is both objective and verifiable. Using Etsy as an example, you can usually tell if a piece of jewelry is hand vs machine made. However, in the listing tags of Etsy sellers, there are sellers who misadver
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by yinyinwu 8y ago
In many ways, a system where the wealthy control information is what we have today. You can influence elections with donations. Today, if a publication or data source posts information about you or your business, there is no means to correc
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by yinyinwu 8y ago
Thanks! Great question. 1. Repeat votes - If you lose the vote, you can vote again. DIRT works not only for correcting intentionally misleading data, but also for fixing out of data information. It's similar to a bug bounty for data. 2
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by yinyinwu 8y ago
Wikipedia works great in most use cases. There are also situations where DIRT is a better approach: 1) More efficient than centralized curation - Social media companies receive millions of requests to take down copyright information or spam
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by yinyinwu 8y ago
Yes - That's a great analogy. On the moderation side similar to Stack Overflow, Reddit, HackerNews with reputation and points. On the writing side, we put a higher bar on data accuracy and deposits to share data.
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by yinyinwu 8y ago
With wikipedia or projects like Open Street Maps, vandalism, spam, and poor data quality are problems at scale. In particular, crowdsourcing does not work for curating commercial data or information where you can profit by spreading misinfo
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by yinyinwu 8y ago
Thanks! What we have for v1 of the protocol is really the starting point. There are also other extensions that could support subjective information. For example, it could be similar to Reddit's upvoting system. You can stake 100 tokens

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