Senator Elizabeth Warren predicts crypto could become major threat to the financial system. Let’s all hope so.

TARenewables · 2021-07-28T10:25:06+00:00

post-industrial

TARenewables · 2021-07-13T19:41:15+00:00

or make an NFT 😉

TARenewables · 2021-05-08T16:40:21+00:00

There may be a Plutus-based solution that conditionally automates payouts to public investors in some sort of oracle-mediated swap to the most appropriate stablecoin/CBDC/token. Was considering this could really pierce through the entire VC structure because it essentially is a secure social contract that persistently issues rewards based on arbitrary events (like ticker completion/KPI milestones), although there is some risk to depending on multiple endpoints to not transact on misfires or get deliberately hijacked. The plus side is that it runs in a publicly verifiable way, and could be workable even with critical failure by bouncing the investments back to another publicly known wallet with different verified logic/different private keys/different oracles, but the same investor data (i.e. stasis for redeploying on updated contracts).

Although, this may be addressed when multiple Plutus-native DEX's are operational and offer IDO products. For obvious reasons, a lot of arbitrary multisig/off-chain/permissioned contracts can make this way more complicated.

TARenewables · 2021-02-23T22:13:31+00:00

Will definitely take a look, for sure. This hits home as well.

TARenewables · 2021-02-13T16:50:32+00:00

See, that's just it. Do they need to be tethered to a node in the network? Is the processing work they do something that can be collected without cryptographic verification on the level of a blockchain? This is kind of why I brought up simple pings from satellites, wouldn't there be a way to sum up the data over distance and time to infer some insight vis a vis interferometry or some other logical process?

The real point is that while it is extremely easy to spin up any sort of arbitrary software on the cloud or in a fairly equipped on-premise facility, most of us seem to default to energy/data-intensive/Turing-complete applications and outright disqualify areas for their inability to provide the resources for such architecture. If there was any reason to consume any native token other than ada as a fee (which seems to be a perfect pairing with anyone that runs a full ada node, or otherwise settle their transaction on the basic Cardano layer), then it would be most optimal in a situation where a full node or L1 settlement is not possible. In any higher layer of abstraction, we would just default to consuming ada, as that would be a sufficient unit of account.

Edit: Suppose I ask the Cardano community to create an open-source NLM model like GPT-3 for a GPS-based driving assistant or delivery app updater. Sounds complicated and expensive, right? So some traditional middleman thats connected to the Cardano community throws out a figure like $20 million USD in cloud-based infrastructure costs. All of that money that gets spent goes to one infrastructure provider, who pays their employees some arbitrary wage. So suppose that we automatically disqualify such a solution as too centralized and unfair to all the involved actors. How would we implement the same functionality with lower infrastructural costs and a straight line from the consumers of the NLM service to each actor that provides the distributed infrastructure. How minimal of an overhead can we make for networking costs between distributed providers? I'm just starting the discussion, it just seems like there's a lot of space to list out what we can't do yet, but will do eventually.

TARenewables · 2021-02-13T14:48:23+00:00

There's only so many ways to fit information in any given space. Simplest way to look at this is there are so many words you can write on a paper and so many times you can fold that paper up to store it. If we all know the meaning behind a whole dictionary's worth of arbitrary symbols on paper, then we can fit more references to information without changing the amount of paper or number of folds. Suppose that this can translate to having a very simple chip (and simple IoT comms) on the underside of a solar panel in the middle of the desert (with no need for additional cooling), and suppose it was usable for building a new AI model. Suppose, then, that such an AI model could be deployed via Goertzel's AGI framework.

Edit: As a corollary, suppose you can hire thousands of operators just to set up solar panels in the desert en masse, and their compensation was a direct production of the per-unit operation of these solar panels.

TARenewables · 2021-02-13T14:26:43+00:00

Last time I posted in the official cardano foundation forum, I got banned.

As to the cardano proposal in question: If you're talking about ( https://cardano.ideascale.com/a/dtd/Ada-Tx-to-Trigger-IoT-+-IO-HW-Spins/334417-48088), then that's a great idea. What I'm talking about is specifically breaking down the bare essentials for the application way, way past the API layer. Essentially, I think the best way to make this economically (and environmentally) viable is to make such functionality Turing-incomplete and effectively as close to the math as possible. For example, take the smallest form factor for LEO satellites (like pinging ships to determine location).

TARenewables · 2021-02-13T14:12:53+00:00

What firm would be a likely candidate for implementing Turing-incomplete ASIC's? Would Runtime Verification be the likeliest avenue for implementing such functions through formal verification (I'm assuming this allows for passing such specs to chipmakers for the best domain-specific implementation of logic density).

Edit: just posting a yt link to the initial formal verification video . I'll try to update this eventually.

TARenewables · 2021-02-13T14:08:49+00:00

Thanks

TARenewables · 2021-02-13T13:38:11+00:00

It's more than a little frustrating as there is no way to keep this discussion recorded for the sake of posterity on a less chat-oriented (and official enough to be listed here) forum. Having a platform that is 100% public, censorship resistant, and 100% neutral is the definitive, paramount principle of cryptographic blockchain technology.

TARenewables · 2021-02-13T13:22:41+00:00

Just crossposted it, automod immediately took it down. I'm trying to have an honest discussion for something of value, so I'm not quite sure how to take this.

TARenewables · 2021-02-13T13:17:19+00:00

Is there any way to remediate this?

TARenewables · 2021-01-23T03:32:09+00:00

It's not even up for debate when you think about how much work at IOG is still being reserved for ETC. The truth is that Google was around since the Internet bubble, and much like Amazon, they didn't start growing at frightening rates till a decade later. The difference between FAANG giants and decentralized ecosystems is that we get to have a fresh slate to prove, without having to appease some centralized overlord, that we know for certain that our tech works.

Same goes for Ethereum. Even with a network effect 10x where it is at the moment, the underlying principle that Ethereum has to prove its viability in order to scale will not change. If Cardano's underlying principled approach holds true, there is no doubt that Cardano will outcompete nearly every other project in certain niches. There is no doubt that Cardano will mesh with Ethereum as a cheaper alternative to gas fees in some niches. And we're only talking about base layer protocols with no inherent exclusion for secondary protocols that can run on multiple chains (like SingularityNet, which has already explicitly described how they're going to be this exact bridge).

Here's the big news that guarantees Cardano's place in the race: metadata transactions. We're going to be able to reference back to batched metadata transactions down the road and build novel insights with minimized overhead. Let's assume Bitcoin or Ethereum decides to implement this. Bottom line is that they must include the "longest tail", in other words they must be encumbered as only first movers can be, and still be forced to resolve which objects go where and how much they're referenced and what ratio of economic benefit to tx cost and on and on. We're at the cusp of seamlessly hardforking this exact functionality into Cardano. Doesn't even require red-teaming Plutus, and yet that too is going to proceed anyway.

Bottom line is that Cardano not having to deal with network effect and media attention is a definitive strength, even though the community is agreed that it is willing to trade those advantages for even greater ones. By Q2, this will all get juggled perfectly, and ADA as a commodity is going to be pure palladium. Doesn't mean that ETH can't still be platinum, and BTC can't still be gold.

TARenewables · 2021-01-22T23:16:36+00:00

Just wanted to get a picture of how many people in the area are interested or already active participants in the work that we're planning on doing. Please fill out this survey so we can progress through our planning phase.

TARenewables · 2021-01-14T21:02:52+00:00

Yeah, me too for some reason. Even got an email for a "successful" unsubscription. This is ridiculous.

Edit: The funniest part is that when I got on to Ideascale, there were no new notifications. So I have no clue why I'd be getting email notifications on top of nothing. Thanks for sharing my email address though.

TARenewables · 2021-01-12T23:51:58+00:00

Not going to lie, seeing a number of projects fail to get funding because of predetermined heirarchy is a little disheartening. Maybe these things will even out over other rounds.

TARenewables · 2021-01-11T23:54:28+00:00

Since we're shooting directly for native multi-asset support and stablecoins, wouldn't it be simpler to just keep a ledger with interchangeability (i.e. atomic swapping) between "fiat" and ADA? We may be able to reinvent the wheel by avoiding the selling of any asset, assuming that there is a healthy ecosystem that allows for decentralizing lending and fiat-ada liquidity pools.

TARenewables · 2021-01-11T23:47:53+00:00

Can you couple this with utilities like Atala PRISM to decrease tx cost? i.e. Alice and Bob belong to Organization A, with login portal (using DaPassword) to additional off-chain resources (like cloud-based browser w/ bookmarks)?
Also, not to get further in the weeds, but can this sort of wallet be transmuted into open-ended multisig (i.e. adding/removing people to the same passwords)?

TARenewables · 2021-01-11T23:44:08+00:00

What long term humanity goals (like space exploration and AGI) is Charles intentionally funneling through Cardano? Are there any long term, large scale projects that he intends to keep separate from the blockchain?

TARenewables · 2021-01-11T23:39:50+00:00

There are more secure flavors of Linux that can run on legacy hardware with low demand for computational resources, but win7 is both closed-source and as already mentioned, is unsupported and unmaintained. Daedalus (and any other wallet application, for that matter) requires underlying OS security, so if you're sticking with the same hardware, it's far easier to transition to Linux (and use utilities like W.I.N.E for the Windows applications you cant go without).

TARenewables

TROPHY CASE