https://motherboard.vice.com/en_us/article/78xqxb/the-guy-wh...
1,592 karma · joined May 21, 2014
Techie & armchair economist
https://motherboard.vice.com/en_us/article/78xqxb/the-guy-wh...
Wouldn't it make more sense for the government/ISPs to take care of the AgeID product themselves? They are the gatekeepers to the internet basically isn't it?
There’s even satire material which I find hilarious where he’s blamed for the cold weather and stuff like that.
Not trying to be pessimistic but genuinely curious why so many people make the analogy to the dot com period.
Every time one says crypto is overvalued the reply looks like: “you don’t understand”, many times coming from somebody who barely understands what distributed and consensus mean. No pun intended.
I was under the impression that there is no interface to read data from the CPU caches and that the cache is managed by the CPU itself only.
I understood the "secret" data stays in the caches for a very short time until the branch prediction is rolled back, which makes this a timing attack but don't get how you actually read it.
EDIT
So perhaps someone can ELI5 me "4.2 Building a Covert Channel" [1] from the Meltdown paper which is what I didn't understand.
Edit
Waiting for Microsoft to move next
They actually think they can read the “news” on reddit and buy/sell accordingly, outsmarting other players.
In the end, what’s perfect in the world around us? Big banks fail and lose people’s savings, cars break and cause deaths and it has’t stopped people from adopting these on a large scale and keep on improving them.
Ok, people say it’s not secure, contracts can be hacked, but why not back these smart contracts by law? And when issues/breaches happen have a judge decide. These tools should be complementary and should not eliminate each other. We can and probably will have smart contracts alongside the day-to-day bureaucracy to help us with the simple stuff at first. Like when I need to pay a couple thousand to a notary for changing ownership of an estate only because of trust issues. If that is not ripe for disruption then I don’t know what is.
It’s like trying to jump from manual driving to fully automated driving and complaining it’s not safe and it won’t work.
Now that I think of it this would make sense for the FED to actually use the blockchain tech to manage its currency supply. Instead of the printing press they issue cryptodollars which supposedly are better than paper because they can be easily and fastly moved around or whatever. But not for a 3rd party to just say: This is a dollar, but called differently, trust us, we issued it.
That would make sense indeed, so for every tether coin issued they’d normally have to pull a dollar out of circulation. Otherwise they re printing money isn’t it? Even if true, saying that they back it up is not enough.
> Because most exchanges cannot and does not support withdrawals - they are virtual.
Can you elaborate? I'm not familiar with these exchanges, really curious. You mean exchanges accept cash for coins and don't allow withdrawals? :)
Can I buy a can of coke with it directly? What if the coke seller is a bit skeptical of tether and asks for 1.2 tether instead of one usd, just to play safe. Isn t this pressure applied to the exchange rate?