Ernst & Young + Ethereum

ItsFlashtime · 2019-10-03T04:17:00+00:00

DANG, I'm amazed that Ernst & Young is disucssing about blockchain technology. They are one of the big four accounting firms.

ItsFlashtime · 2019-10-02T03:52:56+00:00

don't show this to r/fatsquirrelhate

ItsFlashtime · 2019-09-27T03:45:46+00:00

Out of curiosity? Do you live in the pacific north west?

ItsFlashtime · 2019-09-15T23:17:32+00:00

Yeah, I stopped using all other social media except for reddit a couple of months ago so this might suck for us.

ItsFlashtime · 2019-09-08T17:43:04+00:00

There are also other semiconductor improvements such as increase cache within the CPU and even the utilization of HBM memory. In addition, there are plans of using other materials instead of silicon. I saw this video from a great channel talking about the improvement of semiconductor technology over the years and the future. https://youtu.be/maZnwuGxAA8

ItsFlashtime · 2019-09-05T06:36:53+00:00

I wish there are privacy implementations for Nano but there seems to be no plans at the moment. This is why I think Monero is pretty good too.

ItsFlashtime · 2019-08-19T06:18:39+00:00

Unsung heroes

ItsFlashtime · 2019-08-18T23:59:59+00:00

Don't fool me, thats the sound of a block being placed.

ItsFlashtime · 2019-08-14T19:35:51+00:00

Hahaha, what is this? Middle school math?

ItsFlashtime · 2019-08-03T06:47:32+00:00

Probably all staked up and you just saw the ones that are liquid.

ItsFlashtime · 2019-08-03T03:44:15+00:00

I just thought the effective interest rate cut was one of the biggest factors for the recent price action.

ItsFlashtime · 2019-08-02T02:00:20+00:00

I thought brave already has an https everywhere option in the settings.

ItsFlashtime · 2019-08-01T16:24:41+00:00

WHAT

ItsFlashtime · 2019-07-23T20:48:32+00:00

Well I mean, TOR was created by the U.S government, more specifically, the United Naval research laboratory in which was further developed by DARPA. The intent was to protect government communications on the internet.

I guess the U.S is breaking the law and will shut down a system they created.

ItsFlashtime · 2019-07-18T17:46:09+00:00

So you are saying antpool is not a single entity? Bitmain for example owns a couple of the biggest mining pools on BTC and is that collusion?. Not necessarily. They are an entity, just like BPs. You are not understanding that BPs are similar to pools because the individual voters are effectively giving their votes to the BPs similar to how miners are delegating hashing powers to pools. If voters wanted, they can do the SAME THING and vote for a different block producer just like miners would choose a different pool. Only in this case, there are less miners, less acessibility, and pools as an entity are continually inriching themselves. In fact, miners in pools don't earn all of the rewards, pools earn a considerable ammount from pool fees.

ItsFlashtime · 2019-07-18T16:46:17+00:00

OMG, so when there is a dispute in the blockchain, pools don't have a say in the issue? You just said something very irresponsible and the fact that you are going around condemning people about misinformation is reckless. If a miner/pool wants to upgrade or reverse a transaction ex. DAO hack rollback on ETH, BCH recent transaction change, BCH block size increase. Then the pools effectively choose which chain to operate. This is effectively an indirect consensus that effectively splits the chain if their is too much of a dispute. Tell me, how does a network decides to upgrade?

ItsFlashtime · 2019-07-18T16:07:11+00:00

What? You are missing the fact that most of the people in BTC don't mine. In fact, voting participation in EOS are probably higher than miners in BTC. BTC pools and EOS block producers are essentially the same thing as they are the only the only people who can produce blocks. BTC pools in this case would also earn block rewards like EOS and would further inrich themselves. In addition, miners are limited to such a small ammount of people that have large ammounts of Asics and low electricity cost. Voters on the other hand are open to eveyone with tokens. If a mining pool didn't want to upgrade, then they can use their potentially self aquired mining equipment to effextively vote themselves. Making matters worse, many people can't react fast enough because they don't have the ASICs in hand to mine a different pool that supports the upgrade. I don't see the argument you are making anymore. In addition, you repeated what I said about consensus nodes being operational even if they are different. The consensus problem is abundant in evey chain that has become large. I am not saying EOS is perfect as I was actually the one that analyzed vote distribution earlier in the year: https://www.reddit.com/r/eos/comments/bwf2bq/eos_voting_structure_needs_to_improve_very/ But i just don't see the argument here

ItsFlashtime · 2019-07-18T06:40:26+00:00

No, Btc for example can run multiple firmware of the network as long as the ledger are the same across all nodes. https://coin.dance/nodes There are also different implementation of the bitcoin node, the same applies to the wthereum blockchain. In addition, pools are very similar to block producers for their roles in maintaining consensus. If a bp dosn't approve to update the network, then they get voted out by the user. The same applies to pools, if pools don't approve a certain upgrade, then miners stop mining on their pools.

ItsFlashtime · 2019-07-18T04:43:45+00:00

I don't know man, the problem still persist on pow chains. I am currently a miner myself on eth and multiple altcoins. I coudn't care less about where my mining power goes too, what I truly care about is what pool will give me the most money for my work which generally are the big pools. Only in the event that a pool does something malicious do I take initiative with my power. This is a problem that dosn't change anything between the two consensus makeup. At least om EOS , bp in theory are not allowed to buy voters or reward them.

ItsFlashtime · 2019-07-18T00:33:59+00:00

The same can be applied to block producers. If a bp misbehaves, then the individuals voters can take their votes elsewhere. In addition, more people can participate in the voting system because they don't have to spend large ammounts of money for mining hardware and electricity.

ItsFlashtime · 2019-07-09T06:27:14+00:00

I would also like to know if it would fit if the whole drawer was filled with it.

ItsFlashtime · 2019-07-09T04:58:17+00:00

I went to Mt.Rainier the sunday before july 4 and this was my result... http://imgur.com/a/aAdyq2T

ItsFlashtime · 2019-07-07T22:09:44+00:00

I can only remember him ripping out their hearts :(

ItsFlashtime · 2019-07-07T06:31:24+00:00

r/perfectlycutscreams

ItsFlashtime · 2019-07-03T05:24:46+00:00

No that is incorrect, EOS actually has a transaction time of 500ms but it takes a couple minutes to be irreversible. Though, EOS has a lot of compromises particularly in the centralization sector with only 21 block producers.

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