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qqqult

167 karma · joined December 11, 2020

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qqqult··on Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B
> for the sake of argument, is there any way to introduce monetary policy into crypto currency so as to correct for unwanted inflation/deflation

yeah and you don't even need to change bitcoin - just use a stablecoin over-collateralized by BTC built on the bticoin network. In essence these systems work with $1 of the stablecoin backed by $N dollars (N > 1.6) of the the backing asset (BTC). Then they use a smart contract system of price oracles, liquidations & interest rate curves to balance supply, demand and risk parameters. It's pretty much an over-collateralized lending protocol that issues its own asset that is pegged to $1

This has worked well for the past 11 years with MakerDAO on Ethereum and it's stablecoin DAI. I think at its peak the DAI stablecoin had around $7 billion in circulation and was about 5-10% the size of USDT, now it's about half that. However, high treasury interest rates and low interest in decentralized stablecoins have made more "traditional" stablecoins like USDT, USDC vastly more profitable and successful. In recent times even DAI has been trying to become more like USDC and USDT with treasuries held in intermediaries

qqqult··on Sleeping beauty Bitcoin wallets wake up after 14 years to the tune of $2B
BTC ranged between $0.30 and $27 back in 2011 so not quite
qqqult··on Aging-related inflammation is not universal across human populations
but is it the weight loss driving all those anti-inflammation benefits
qqqult··on Cap: Lightweight, modern open-source CAPTCHA alternative using proof-of-work
frfr?
qqqult··on Crypto has become the ultimate swamp asset
eh, it was fair to say that 8 years ago...

now it's way easier to track public blockchain transaction chains on Bitcoin, Ethereum and the like than it is to track bank transfers across countries

qqqult··on Clean, a formal verification DSL for ZK circuits in Lean4
Does EOF make this easier / more efficient?
qqqult··on California Attorney General issues consumer alert for 23andMe customers
is_deleted = True update is in progress
qqqult··on Discworld Rules
4 foot notes?

This guy Pratchetts.

qqqult··on The $1.5B Bybit Hack
They did.

This was a multisig - meaning M out of N signatures from different signing devices were needed to sign a transaction. The attacker infected enough signer devices to go unnoticed and the signers failed to verify what they were signing on air-gapped devices

qqqult··on The $1.5B Bybit Hack
not at all
qqqult··on Bybit loses $1.5B in hack but can cover loss, CEO confirms
bybit makes $100 million a month and has substantial excess reserves
qqqult··on Open Euro LLM: Open LLMs for Transparent AI in Europe
That would have been a somewhat reasonable (although unconvincing) reply if you didn't also write 7 other lengthy comments in this thread that were 3 hours apart
qqqult··on OpenAI's o1 Playing Codenames
I did that last summer, I compared the performance of different english word embedding models, as far as I remember the best ones were GloVe and a few knowledge graph word embeddings.

None of them were better than a human at giving hints for 3+ words though

qqqult··on Cloud Virtualization: Red Hat, AWS Firecracker, and Ubicloud internals
May the gods give you everything you ask for
qqqult··on French police free kidnapped Ledger executive
hardware wallets are a safe transaction signing device NOT a seed storage device

You use them to sign transactions that are perfectly safe even if your computer / phone where you initiated the transaction is infected with malware. They give you a chance to confirm that the transaction you're signingon the hw wallet is the one you initiated on your computer.

> daily spend limit

> different panic codes

> Co-signing by third-parties

What you describe already exists in "software multisig wallets" on smart contract blockchains. In essence they're smart contracts that require n of m signatures to initiate a transaction and can handle variable spending rules, custom signing schemes, 3rd party signers, things like 2FA / email for signing. In theory they can be implemented for non-smart contract blockchains like Bitcoin using multi party computation schemes like FROST (https://github.com/ZcashFoundation/frost) but that's a lot harder

qqqult··on French police free kidnapped Ledger executive
Transaction rollbacks. In this case the USDT ransom was blocked by Tether. Rollbacks for non-centralized tokens & networks goes against the goal of most protocols though, so it's unlikely to become the norm.
qqqult··on French police free kidnapped Ledger executive
It's even more stupid. The ransom was paid in Ether (ETH) which the kidnappers then exchanged to Tether stablecoins (USDT). Tether is a centralized company that can freeze and block any blockchain address from using the stablecoin that they issue and that's exactly what they did, they froze the ransom.

We'll probably have more details about this in a few days just goes to show how you can't hide on public blockchain ledgers.

qqqult··on Chatbox: Cross-platform desktop client for ChatGPT, Claude and other LLMs
can't you use it through litellm https://github.com/open-webui/open-webui/issues/3288
qqqult··on Edge TTS
or run a kokoro tts docker container on your own hardware, the hw requirements aren't crazy: https://github.com/remsky/Kokoro-FastAPI
qqqult··on Ross Ulbricht granted a full pardon
It was one of the promises he made at a Bitcoin conference he attended a few months ago. It has been a popular issue in crypto circles
qqqult··on Ross Ulbricht granted a full pardon
Nothing wrong with HN in particular. Every polarising discussion on a platform with moderation or up/down voting system ends up this way. This structure is fantastic for technical discussions just not amazing for politics

Removing moderation or voting systems (simple chronological comment sorting) creates another set of issues so this problem can't be solved without entirely changing discussion formats

qqqult··on Official DeepSeek R1 Now on Ollama
these are smaller qantized models that I can use on my 8 year old GPU, I can't even load the original deeppseek unqantized models
qqqult··on DeepSeek-R1
I asked deepseek-14b for a joke in the style of Norm Mcdonald, and it delivered an overexplained deadpan absurd joke that I thought was pretty similar to Norms style. Then I tried again with different styles and realized that all jokes it tries to make are in that same style as if it tries to follow a manual on how to construct a joke without actually being funny. Which is pretty funny
qqqult··on DeepSeek-R1
great article, thank you
qqqult··on DeepSeek-R1
Deepseek v3 required about 1tb of VRAM / RAM so 10 A100.

There are various ways to run it with lower vram if you're ok with way worse latency & throughput

Edit: sorry this is for v3, the distilled models can be ran on consumer-grade GPUs

qqqult··on DeepSeek-R1
Kind of insane how a severely limited company founded 1 year ago competes with the infinite budget of Open AI

Their parent hedge fund company isn't huge either, just 160 employees and $7b AUM according to Wikipedia. If that was a US hedge fund it would be the #180 largest in terms of AUM, so not small but nothing crazy either

qqqult··on Judge ends man's 11-year quest to dig up landfill and recover $765M in Bitcoin
digital archeology
qqqult··on GitHub Git Operations Are Down
lol I changed my ssh key 2 times until I figured out pubkey permission denied was an issue on their side
qqqult··on The Origins of Wokeness
I replied to your comment about what constitutes imitation and why that rule exists. Neither of us have any idea about the details of that particular ban
qqqult··on The Origins of Wokeness
The imitation rule states that it's perfectly fine to run parody accounts as long as you clearly state that it's a parody. There are a ton of accounts named Elon Musk Parody, Biden Parody and similar

Without it every post of a famous person was botted with 100 accounts with identical display name, pfp that tried to promote scams like with YouTube comments

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