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fumblebee

1,312 karma · joined October 15, 2020

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fumblebee··on Ethereum will use around 99.95% less energy post merge
It's times like this I ask myself whether I'm slow, or whether the text in question is needlessly complex.

My pessimistic side suggests this could be purposeful obfuscation of implementation by using complex language. No one will question their solution if no one can understand it.

On the other hand, I'm a big proponent of the Algorand project and based on the general quality of their work (the tech, docs, tutorials, etc.), I'd be surprised if there were anything malignant going on.

fumblebee··on Wikipedia is up (2001)
AFAIK a large part of why it hasn't yet been corrupted has been the total lack of greed on behalf of founder Jimmy Wales.

Kudos to you, Jimmy (and team). Keep up the great work.

fumblebee··on The digital currencies that matter
So, the next generation of fintech companies will just be interfaces on top of our central banks' financial plumbing?

This really would crash the utility of transfer apps like Venmo to zero.

fumblebee··on The digital currencies that matter
Can someone kindly make clear; I read this entire article assuming that the "digital currency" referenced was a drop-in term for a cryptocurrency minted and controlled by a central bank. I realise now I have no idea how China are implementing the e-Yuan.
fumblebee··on Starting a crypto project
This would be great.
fumblebee··on Starting a crypto project
> 2. You aim to build a community, but in reality 90% of your telegram/discord are scammers and people asking why price is going down/accusations that you and your entire team should go to jail.

I'm consistently repulsed by the lack of thoughtful discussion in crypto communities. For a space littered with intriguing technology it's endlessly frustrating that there's no HN-like forum. Instead, any community that started off that way is now filled with speculators and shillers.

Take your pick for where to source your news: 1. crypto influencers on YouTube who are paid to shill, 2. forums likw Reddit filled with speculators and conmen, 3. pump and dump groups on Telegram.

The greed and FOMO on display in the crypto gold-rush is deeply depressing, and for the majority who join the craze at the peak of the bull run, it'll surely end in tears.

fumblebee··on The Agas Map of Early Modern London
Fantastic, this is absolutely stunning. A few things stand out:

* What an incredible transformation that London has seen; the city then was surrounded on all sides by fields. But still through this transformation - and also through the Great Fire, the civil war, the World Wars - it's still recognisably London.

* Notice several casualties that the city's been dealt, including 1. the old - and imho far more beautiful - London Bridge (https://www.golakehavasu.com/london-bridge), 2. the old city wall with all the gatehouses still intact, 3. Baynards Castle which was destroyed during the Great Fire.

* The two arenas at the bottom of the image were for bull and bear baiting - for betting and entertainment. We've come a long way as a society.

* Charing Cross monument was still there, which surprised me. A quick search shows there's been a cross there since the 13th century (https://en.wikipedia.org/wiki/Eleanor_cross).

fumblebee··on Excess Deaths in 2020
All this being with lockdowns, which are demonstrably effective at slowing viral spread. Just imagine what these charts would look like _without_ lockdowns.
fumblebee··on AI-based writer identification for the unknown scribes of the Dead Sea Scrolls
Looking beyond the term and you realise the approach is neither impressive or novel.

Such rebranding is endemic in article headlines like this. The term “AI” may be in vogue but 99.9% of the time it’s really just putting lipstick on a pig.

fumblebee··on US owners find greed doesn't play well in European soccer
iso1361 already made the point well.

There’s a non-zero percent chance for upsets in the current system. In ESL there’d be no chance. Zero. Zilch. That difference is fundamental and transcends the collective psyche of world football.

fumblebee··on US owners find greed doesn't play well in European soccer
This seems to miss the point entirely. The furore wasn't from further commercialisation, it was because a cartel of greedy clubs tried going solo and breaking tradition with the ladder system, where Leicester can win the Premier League or Greece the Euros. Most footballers are born into humble backgrounds, meritocracy matters.
fumblebee··on Ethereum: A Store of Value with Cash Flow [pdf]
You still need KYC at entry and exit points into the crypto market (e.g. Coinbase), you still need to transfer fiat money onto exchanges via traditional payments infrastructure.

The decentralised, utopian vision only works if the entire game is played there.

Also, a side note, KYC is a good thing for things like AML. The ability to dispute with centralised orgs like banks is a good thing; the major issue with decentralised solutions is that there's no accountability for issues like fraud.

fumblebee··on Ethereum: A Store of Value with Cash Flow [pdf]
If the issue is whether PoS will work is troubling you: other PoS chains like Algorand have been successfully running for well over a year. Seems in no doubt.
fumblebee··on Decentralized data storage has finally landed
Can someone eli5 the difference between storj and filecoin? And explain why filecoin has a market cap multiple times that of storj?
fumblebee··on Coinbase from YC to DPO
Couldn't agree more.

I struggle to comprehend how an energy obliterating and (relatively speaking) primitive technology like Bitcoin is the top dog in this space. Sure, first mover advantage counts for something, but come on - how has superior tech not yet left it in the rearview.

In a space that moves at such rapid pace with heavy investment and buckets of innovation, at some point the crowd surely will migrate en masse to a PoS based blockchain like (most likely but won't be fully operational until ~2022) Eth2, or (less likely but still in with a shout) Algorand, Tezos, etc.

fumblebee··on The war against money-laundering is being lost
I was in the thickets of “big bank” AML for a few years. The experience left me pessimistic.

Tragically, the process is treated entirely as a box ticking exercise. Incumbent AML systems are old and ineffective, and scores of investigators submit thousands of SARs (suspicious activity reports) to central policing authorities that 99.9% of the time are ignored until they help an ongoing case.

The process is neglected partly because it doesn’t generate money, it prevents fines, which are tricky to predict and a less obvious priority for upper management.

Launderers of any significant amount of money are savvy to the pitfalls of current systems. Best in class solutions can capture some money laundering schemes via watchlist screening and “suspicious looking”transactional patterns - but the limit is the data the company owns. The main issue is that money is spread across multiple institutions in multiple jurisdictions.

As systems to tackle money laundering become more effective, so too do the launderers.

fumblebee··on Yuri Gagarin: Sixty years since the first man went into space [video]
I know a tautology when I see one.
fumblebee··on The antidote to civilisational collapse – An interview with Adam Curtis (2018)
Yesterday I didn't know who Adam Curtis was. Today I've seen him referenced twice. Here, and a fresh off the press Talking Politics interview with him.

Baader-Meinhof effect in action.

fumblebee··on Suez canal blocked by a massive ship
This incident has already been added to opening section for the Suez Canal Wikipedia page.

https://en.wikipedia.org/wiki/Suez_Canal

I wonder what makes something significant enough to be added to this section. A quick scan of the page shows some interesting tidbits that aren't present in the opening (to me, more noteworthy - so far - than the ongoing blockage):

> The canal had an immediate and dramatic effect on world trade. Combined with the American transcontinental railroad completed six months earlier, it allowed the world to be circled in record time.

> In 1973, during the Yom Kippur War, the canal was the scene of a major crossing by the Egyptian army into Israeli-occupied Sinai and a counter-crossing by the Israeli army to Egypt. Much wreckage from this conflict remains visible along the canal's edges.

fumblebee··on All Futurama Opening Quotes
For the crossover Simpsons episode:

“A show out of ideas teams up with a show out of episodes”.

Pure gold. Even if the newer Simpsons episodes are (imho) grade-A garbage, it’s strangely comforting that the writers are self-aware and self-deprecating enough to come up and stick with this.

fumblebee··on UK to depart from GDPR
> "too many businesses and organisations are reluctant to use data – either because they don’t understand the rules or are afraid of inadvertently breaking them"

This is a deeply depressing take if the conclusion is to scrap GDPR. Is this true for 'data' in the general sense, or actually only true in the murky cases where there's an opportunity to use and abuse our personal data.

In my book, that implies that GDPR is working exactly as we hoped it would.

fumblebee··on NFTs Are a Dangerous Trap
> ... detractors tried to tarnish cryptoassets reputations by associating it with traditional crime. Now they do it by trying to associate it with climate crime.

Help me understand, are you suggesting these aren't the case, or that they aren't legitimate concerns?

fumblebee··on Namecheap just snaked another domain off me
A brilliant model - or better yet, feature - for determining domain worth is whether it's been added to a basket. Why sell a valuable domain for £10 when you can "buy" it yourself and sell it later for £100?

AFAIK the practice hasn't been officially proven, but there's overwhelming amounts of anecdata pointing to this being real and endemic in the industry.

fumblebee··on Global forest restoration is the most effective carbon capture opportunity
The word "most" migrates the focus of discussion away from the clear fact that reforestation is vital tool in our arsenal to capture carbon, to a fruitless argument over whether it's actually the "most effective".

Tackling man-made climate change requires many solutions working in tandem, forest restoration is just one of them.

fumblebee··on Beeple Mania
Out of curiosity, when did you buy the artwork? $969 -> ~$90,000 is astounding, and I'm assuming it happened within a short time frame.
fumblebee··on Fuzzy Name Matching in Postgres
Soundex is a useful option for reducing the search space (the blocking stage, with aims to have a high recall).

TF-IDF is a useful option as part of a high precision pipeline _post_ blocking.

A two step pipeline is typical and necessary because the high precision pipeline, while more accurate than the blocking algorithm, suffers from being slow.

fumblebee··on Reddit: One of social media's oldest companies is also its most undervalued
On the bright side, for me at least, the repulsive mobile web experience has meant I spend drastically less time on Reddit.
fumblebee··on TransferWise changes name to Wise
I can't help but see the Visa logo when I look at the new Wise logo. Intentional, maybe?
fumblebee··on The DreamBank, a collection of over 20k dream reports
Twitter?
fumblebee··on The DreamBank, a collection of over 20k dream reports
GPT-2 would suffice for something as non-sensical and rambling as dreams.

No fine-tuning using the dataset, but here's the result of typing in a dream prompt into Talk-to-Transformer:

[PROMPT - a dream from DreamBank] >>> I was putting together a plastic bag full of buttons and sewing paraphernalia. It was time to break out of a Hong Kong prison and I was on the fourth tier cell block. I had to wait till the window washers were busy and distract them by throwing ping pong balls so fire hoses filled with cyanide could be squirted on passers-by. I threw a rock through [...]

[RESULT] >>> [...] a glass door. I was careful not to pull my stitches. I threw another rock out the window. We needed a diversion. I needed to take care of myself. The next thing I knew, I was in a helicopter about to take off. By this point my emotions were in flux, like people around a train wreck. It was hard to know what to do with them. I wanted to be strong but didn't have the will. I wanted to be a martyr. I wanted to be.

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