mule1

I always wanted to have a family but I'm straight up too mentally ill to. And I reckon any woman that I'd lock down would be more mentally ill than me. I really think we're in a weird transitory period that child bearing is going to look a lot different in the next 10 years, seeing the age of marriage in the west is almost 30 for women, where > 35 is considered a geriatric pregnancy. There's going to have to be solutions if we want healthy offspring.

I'm not sure I agree with that rhetoric. There are many countries around the world who see the US as a fascist entity who has bombed the shit out of them imposed economic sanctions and destroyed their way of life. As an American I see economic freedom as intrinsically good and what the founders would have always wanted. I do not see our particular set of OFAC rules as democratic neither our economic hegemony as something we need to accept as morally right.

I am not against that set of rules, especially for the legacy system, but it's not on blockchain devs to comply.

We will have to let our legislators decide. Starting to see a good amount of bipartisan support for reasonable regulations (in the eyes someone who is pro crypto). And whatever they decide it will prove the true strength of a blockchain if it can resist censorship. For example, if they choose to make Coinbase comply with OFAC on an attestation level the system should be able to deal with that through social slashing etc.

There are no implications, since Ethereum is a public ledger where anyone can participate in validating transactions who have at least 32 ETH. For contrast, with bitcoin anyone can add a block who can produce a verifiable hash below the current difficulty target.

It gets muddy where with Ethereum where there are public companies like Coinbase who have to comply with certain laws as they are a financial entity running their own validators with coins from their depositors. Don't get me wrong there is an urgent need for regulatory clarity and not all regulations are bad.

Lol. You should take this up with the US banks processing millions of dollars of illegal transactions daily and get a light slap on the wrist each and every time they accidentally get caught.

Clickbaity title. As the article outlines inside 63% of currently produced blocks are OFAC compliant. With an ETH block time of ~12 seconds. There is a 1-(.63^n) chance that an OFAC non-compliant block will be included in n blocks. Once you hit 90 seconds, there's a >99% chance that an OFAC non-compliant transaction will be written to the chain.

If censorship ever came to the blockchain itself i.e. Coinbase (who holds a large stake and needs to comply with OFAC) not attesting non-compliant blocks, there are censorship resistant ways the chain can employ to prevent this - like social slashing, this is a great read on it:

https://ercwl.medium.com/the-case-for-social-slashing-59277f...

Yeah I get that, the same reason why I question some of the teams I've been on choice of JS frameworks, it's just what the developers were familiar with.

Go compiles so fast and reads cleaner imo, that I never saw the benefit of python. I always thought debugging python was clunky, could be unfamiliarity with interpreted languages. Also a few times I needed to use an ODBC driver with python left a bad taste in my mouth. But overall I get what you're saying, my new team writes all of their lambdas in python so I'm going to have to learn.

Not to be shit-eating, but I never understood why people use python instead of Go other than for ML teams. I program mostly in Java and Go so would love a perspective.

Will institutions involved in psyops be deploying AI models in the future to create bot nets of psyops?

Same with crypto. We have 10 years of data so far.

It's a commodity

It's common financial advice if you invest in the US equity market index you will get a 7% return a year

Except it does

It's very standard for bitcoin and won't be going away for a while as the asset is still realizing its value across all global liquidity. It's scary and why the SEC dragging their feet on a spot ETF approval i.e. an investment vehicle that a non-crypto fanboy can use (yours truly) is criminal.

Okay? And 1.5 trillion was wiped off of the US equity market.

Wait..... There are people who don't use debuggers that are readily available for compiled languages?

Looks like software developers will become luddites too if their job is threatened. Big portions of development not just UI development will need little to no human input after artificial general intelligence becomes common place.

Feel for devops peeps who are just trying to chill for Christmas

It's an incredibly complicated problem that is currently being worked on by ETH developers. However eventually this will be seemless for an average user. You can be using Uniswap for example on an L2 like arbitrum or zksync and have no idea your ETH is even there. Also ramps are being built to directly deposit into L2. The gas fees from bridging in and out of L2 will be solved when the majority of the traffic is happening on L2, the ETH L1 blockchain will only be used as a settlement layer for L2 traffic and much fewer transactions. Sharding which is coming will also bring down fees a ton for all settlement transactions in ETH L1.

This is all at the sacrifice of decentralization zkrollups and zkporter (one roll up solution) will eventually be able to handle transactions at that clip while being decentralized. The energy consumption point is incorrect as moving to proof of stake Ethereum will be using a fraction of the energy it uses today, however at the cost of capital concentration in the hands of validators which I actually see as a negative for all of these proof of stake blockchains.

I think the scariest thing that people think of and I originally thought when I heard Ethereum will scale with "Layer 2's" is you are sending your money to a blockchain you do not have the keys to do not actually control the funds. The layer 2 scaling solutions will seamlessly interoperate with the current dapps that will be ported over looking seemless for users. You are essentially holding your capital in a contract you can call on at anytime and retrieve to the settlement layer (Ethereum layer 1).

These are the trade off imo and do not make either system better. I just prefer decentralization if I'm holding capital on a blockchain for an extended period of time.

Fishing for followers on HN, I should consider this

Why did I think for a second this was going to be about java beans

Looks awesome, are there places to contribute? I.e support for other databases/ knowledge sources like elastic search?

On a side note i recently tried duckduckgo again. 5 years ago I thought the searching was unusable today I've seen insane improvements haven't used google in 3 months.

Bitcoin brought a trustless way of moving capital or digital property to any location throughout the world with no intermediary.

Today it might just be El Salvador but bet on more countries joining the network based off of the game theory of the network. This innovation is profound and will revolutionize economies in the 21st century leading to better allocation of capital and the world finally getting off of the petrodollar.

Do you sincerely think these 70 year old politicians understand the technology and implications? There can be varying amounts of regulation and oversight for software, but the whole point of a decentralized crypto currency is it's ungovernable.

If you're for this increased regulation fine, just understand it will push innovation and capital elsewhere in the world. And despite what you may want, bitcoin will not die.

Agreed

Agreed but for a slightly different reason. PoW vs PoS is a much more nuanced debate for reasons other than the environmental impact talked about in mainstream circles.

Bitcoin is PoW for many reasons, a fork of bitcoin could switch it to PoS and end the discussion, but its decentralized nature where one hash = one vote is part of the core of its economic policy.

Ethereum and other PoS chains take trade off but advantages from utilizing PoS one that it desires to be a blockchain that can settle contracts on its layer 1.

This Portman-Warner amendment favors PoW chains dissuading competition between the two.

Clean renewable energy is becoming cheaper and more accessible. Miners are already being incentivized because of economics to move to green energy sources up to 50 percent of mining is done with clean energy.

I've never understood this narrative. There is no narrative about other industries like gold mining that also consume exorbitant amounts of power that you could deem useless. If you do not believe in the thesis of a decentralized currency and the freedom it brings it is easy to say things like this.

It is baffling how lawmakers who have so little understanding of the technology write these things into law.

Software should be protected with the same rights we have with speech. If the Wyden/Toomey/Loomis amendment doesn't pass today this will effectively censor and control the code that an American software dev would have to write to comply with proper reporting. This bill, if passed, should be taken to the courts.