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jimmyfalcon

12 karma · joined April 13, 2014

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jimmyfalcon··on [dead]
Hmm, interesting idea. Although I think I'd prefer to be more assertive in my emails rather than polite. Is there a way to get a score for that?
jimmyfalcon··on Show HN: An MMO twist on Battleship where you bet Bitcoins
Interesting idea of "provably fair" (not sure if it's original), but you could probably elaborate more on that in the How It Works section.

As I understand it, a sha256 digest is generated from a pre-generated hit sequence. But it's not 100% clear how average players can benefit from that information.

jimmyfalcon··on Failing the Startup Game at Unbabel – Take 2
> The contract was presented to me on paper and in Portuguese, 7 pages in total.

Given that Unbabel is a translation company, it is ironic that they didn't bother to translate the contract for you, knowing that you don't understand the language

jimmyfalcon··on Configuring Rails Environments
I cannot help but find it funny that domain names are such as a rare commodity that many startups have domains that are different from their names like:

joingrouper getsomething getsomethingapp ... you get the point.

I don't think this is actually a good idea to name your startup this way. Paul graham had a good blog on startup names (see note). SEO space is polluted, people naturally can't remember what your URL is. While it might be ok for mobile apps, I certainly don't think this works for webbased apps.

Thoughts?

Note: http://aux.messymatters.com/pgnames.html

jimmyfalcon··on The U.S. Government's Secret Plans to Spy for American Corporations
A personal principle I have is that you cannot contain secrets because they inevitably leak. So the starting assumption must be, can you deal with a leak?

I imagine that they would have had similar conversations when the corporates joined the "club" for getting information. What is the downside to participating in this? Maybe you get shits from media for a bit and then everyone forgets and you carry on in your business.

Having come from another country, I am truly glad that US residents are far more sensitive (therefore downsides are higher for US corporates), Chinese people for example, don't care as much and as a result corporates can get away with more and consciously choose to do more

jimmyfalcon··on Gradually sunsetting SHA-1
This leads to me to think about the longer term viability of bitcoin. Bitcoin uses a combination of RIPEMD and SHA256. Given the sha-2 family was released in 2001, when is SHA-2 going to go into depreciation cycle and what does that mean for the bitcoin network.

Given that there are plenty of op-codes left, the network can probably easily start switching into in the next generation of hashing algorithms.

This is the beautiful thing about open networks, it evolves organically. Whereas you can't say the same about bank protocols.

jimmyfalcon··on DigitalOcean Partners with CoreOS for Large-Scale Cluster Deployments
I remember attending a talk given by the CEO a few months ago. The strong point of CoreOS is for hosting application servers because it is does auto restart / updates rather than hosting can-not-go-down systems such as Databases.

This is exciting to me from a technological standpoint.

1. One of first large public projects written in Go (after docker) 2. One of the first large public projects using Raft. (consensus algorithm aimed to replace Paxos)

I am really looking forward to seeing how this project turns out. Personally, I wouldn't move any of my projects onto CoreOs for at least a few years.

Other than that, I always question how they plan to make money. Consulting model?

jimmyfalcon··on YC Investment Policy and Email List
I am very surprized by this statement:

"In general, we don’t start introducing startups to investors until a maximum of 10 days before Demo Day"

I know for a fact that accelerators like TechStars start introducing startups to investors 4 weeks into the program. They actually have groups of investors come in and talk to the startups. Although, they don't talk about investments, but everyone knows there is a vetting element in there.

Accelerators are very different nowadays from what its roots. Many YC companies (as well as TechStars companies) come into the program with significant traction. (See note)

I always had the expectation that accelerators are about helping young startups to figure out what they do. Although the reality is that they are all fund raising bootcamps to help startups that already know what they do to raise their round easily.

I am curious to hear YC founders on their thoughts of accelerators, especially, the traction you have or your peers already had before YC.

Note: e.g. Memebox - YC company was already on 1.5 million runrate before entering into the program and have already raised 1+million dollars; There are many more examples, in both YC and TechStars which I can list if anyone is interested