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corv

1,232 karma · joined August 23, 2014

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corv··on Fuze Basic for Nintendo Switch
Not only is the download behind a login but they also force you to receive marketing material.

Other than that, I’m genuinely excited about this.

Why is it so difficult to figure out how to get the software?

corv··on Python overtakes JavaScript as most questioned language on StackOverflow
Having just had the pleasure of using Sphinx for the first time, I can only underline what you wrote.
corv··on Reading in the Age of Constant Distraction
I know this,

You might want to try meditation, it let’s your brain dump these thoughts and then be more present.

corv··on Ethereum Plans to Cut Its Energy Consumption by 99 Percent
Proof of Stake is unable to deal with network partitions, the likes of which every so often happen to cut entire countries off the Internet

PoS is a disaster waiting to happen for Ethereum.

corv··on Does Google harm local search rivals? EU antitrust regulators ask
And why is that when many of their employees are from Europe?

The antitrust cases were lost for a reason.

corv··on The Google Cemetery – A list of dead Google products and why they died
Still waiting on the day Google is going to discontinue Google.

Used to love the company and what the people there stood for. Crazy how things have changed.

corv··on Winds of Change: The Case for New Digital Currency
Bitcoin has HTLCs too...
corv··on Fidelity launches trade execution and custody for cryptocurrencies
You’ve ignored second-layer technologies.

There need be only one decentralized, immutable ledger to handle all transactions, the store of value and registration of assets for the entire planet.

While we’re comparing Apples and Oranges, credit cards don’t confirm payments for weeks and there are significant fees associated with accepting transactions, apart from that risk for the merchant.

corv··on Fidelity launches trade execution and custody for cryptocurrencies
I should have been more careful in my wording here.

What I meant by this is the total energy expenditure of current payment systems (Credit cards, PayPal, WeChat Pay, Alipay, SWIFT, ACH, SEPA) including the overhead of fraud detection, chargebacks and the cost of fees on the economy.

To be entirely fair you would also factor in the cost of QE & inflation.

Although cryptocurrency isn’t widely used as such, notarization and its associated costs could also be taken into account.

All of these factors are obviously extremely difficult to estimate properly.

I still stand by my assertion that a mature cryptocurrency would be less costly for the global economy than the current systems of regional central banking and the damaging credit & debt cycles it brings with it.

corv··on Fidelity launches trade execution and custody for cryptocurrencies
I didn’t say it’s currently more efficient. I’m saying what it is designed to replace eventually, is already using more energy.

Currencies are adopted and developed on a different time scale than most other technologies we are used to.

Saying cryptocurrency has failed after being around for 10 years is shortsighted and not giving the incredible minds working on these problems enough credit.

corv··on Fidelity launches trade execution and custody for cryptocurrencies
Yes, the expenditure of energy is a defining feature of Proof of Work security, however there is going to be a plateau.

The immutable base layer Bitcoin provides is also on a trajectory of feature completion and second layer technology will increase the amount of transactions per kWh tremendously.

Who knows what benefits micropayments or smart contracts are poised to bring to further increase the efficiency of the global economy?

corv··on Fidelity launches trade execution and custody for cryptocurrencies
It was part of a talk by Anthony Towns at Scaling Bitcoin 2018 in Tokyo.

https://youtu.be/y8hJ0VTPE34

I suggest you ask him e.g. on Twitter: https://twitter.com/ajtowns

I think the jury is still out on Lightning.

corv··on Fidelity launches trade execution and custody for cryptocurrencies
The comments reflect the (perceived) state of the technology.

One has to admit that the reputation of the entire space has been tarnished by snake oil salesmen. For some historical context it is worth looking at countless examples such as the Railway Mania[1] of the 1840s or the more recent Dot-Com bubble[2]. For more depth one can read Mackay[3].

Some of the most promising advancements in payment channels were only published as papers in 2016[4] and are understandably still being implemented. If anything the speed at which enthusiasts are willing to deploy experimental software at their own risk is breathtaking.

Regarding the environmental impact of the Bitcoin network, while being widely derided for its energy use, it is in fact using less electricity than the major credit card networks. It is also using less energy than global gold mining. There are ways to reduce consumption should a consensus accept the tradeoffs.

The term "Blockchain" as it is currently used often refers to private chains which are in vogue with corporate stakeholders. This appears to be a solution in search of a problem–I have not been able to identify a compelling use case here either.

Most ICOs are outright scams.

It is truly unfortunate that promising advancements of micropayments, smart contracts and the world's closet thing to an incorruptible currency are lumped together with so much rubbish.

[1]https://en.wikipedia.org/wiki/Railway_Mania [2]https://en.wikipedia.org/wiki/Dot-com_bubble [3]https://en.wikipedia.org/wiki/Extraordinary_Popular_Delusion... [4]https://lightning.network/lightning-network-paper.pdf

corv··on Fidelity launches trade execution and custody for cryptocurrencies
I'm disappointed of HN comments whenever cryptocurrency topics come up.

People are forgetting that Nakamoto Consensus is a legitimate CS breakthrough concerning the Byzantine Generals Problem.

Is it acceptable to bash every stock in the Nasdaq just because a second tech bubble popped and some SV companies are behaving unscrupulously?

Frenzied speculation brought about inadvertent side effects but these should not detract from the fact that significant advancements are continuously being researched and implemented.

corv··on Coinbase is launching support for the USDC stablecoin
Except stable coins don’t work.

No currency peg has ever been defended indefinitely.

And pegging crypto to USD doesn’t solve the problem it was created for in the first place.

corv··on Coinbase Wants to Be Too Big to Fail
Ergo inflation tends to cause malinvestment as savers want to protect as much value as possible, whereas deflation is more likely to incentivize productive investments.

After all if deflationary currency is worth more tomorrow, one wants to make sure an investment in the future is sustainable.

Notably one is especially interested to invest in a deflationary economy because the gains are multiplicative.

corv··on App-Only Banks Rise in Europe and Aim at Traditional Lenders
Degiro has very competitive fees for trading.

TransferWise has significantly better fees than Revolut for currency conversion and also offers a card.

corv··on What Most Remote Companies Don’t Tell You About Remote Work
I found emotional wellbeing and mental state to be significant factors when dealing with procrastination.

Of course our emotional state is a derivative of our daily experiences, so we cannot always affect it directly.

Regular exercise, good sleep, healthy diet and taking a break every now and then go a long way however.

corv··on The Real Cost of the 2008 Financial Crisis
The decline in tourism was a direct result of destabilizing the Middle East and North Africa due to wars and the resulting increase of terrorism.
corv··on Google can track surfing habits without need for HTTP cookies
You’re right, it doesn’t contact Google every time but it does contact Google periodically, something which many users might not be aware of.

Ideally Firefox wouldn’t rely on contacting any third parties in their default browser configuration.

corv··on The world is a terrible place right now
I have not given a technical solution, but a practical solution that has been known for centuries.

The current result is that Wil Wheaton has chosen to abstain from a certain social network and an alternative which he had hoped would alleviate the problem.

Suggesting that companies need to deal with the problem leads to an attempt at a technical solution.

corv··on Ask HN: Where are other tech scenes outside Bay Area
Unless you've timed your real estate purchase and sale very well and happen to live in an exceptional city the average return of the public markets is most likely to exceed.
corv··on Ask HN: Where are other tech scenes outside Bay Area
The idea that home ownership guarantees growth is a fallacy. In most cities prices only keep up with inflation.

Ergo you are financially better off renting, and investing the money you would have spent on a house.

corv··on The world is a terrible place right now
There’s no reasonable way of verifying a real name for an open source platform like Mastodon
corv··on The world is a terrible place right now
I don’t want to argue for or against the “my free-speech is your hate-speech” conundrum.

The question I’m posing is, why are we so attached to our identities online?

If an angry mob follows us around online then why not use a pseudonym and let our posts be judged on their own merits, instead of our reputation?

corv··on How much countries spend in R&D
Obviously R&D spending is not high enough to make this website scale correctly on mobile...
corv··on User banned from Das Keyboard forums for telling people of open-source drivers
Fully agreed. My overpriced Das Keyboard started to exhibit severe key bouncing just after the warranty ended. They refused to do anything about it.

I only found out that the company had quietly changed what used to be Cherry switches for Chinese knock-offs after buying the keyboard.

One of the most regrettable purchases I ever made.

corv··on Pi-Hole: Why You Need a Network-Wide Ad-Blocker
It seems that both primary and secondary are being used in round-robin and the primary gets relegated when secondary happens to answer faster.
corv··on Pi-Hole: Why You Need a Network-Wide Ad-Blocker
Sometimes the secondary will take precedence over the primary even though pi-hole is reachable.
corv··on Pi-Hole: Why You Need a Network-Wide Ad-Blocker
Is there a way I can keep a second DNS as a fallback that doesn't get used unless my pi-hole is down?
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