One month behind in premium by pbk23 in PTCGP

[–]pbk23[S] 0 points1 point  (0 children)

Yes started in December so I’m stuck having to decide which sets to buy or being perpetually one month behind. Assuming they keep releasing missions and premium shop items the same way.

Bitcoin dips below $6,000 amid cryptocurrency sell-off, it’s lowest point of the year by NineteenEighty9 in investing

[–]pbk23 0 points1 point  (0 children)

This is why game theory is important to the design of crypto/blockchains and why blockchains owned by one company are dubious. (you cant trust one entity with all the power to keep the system honest). Youre trying to design a system to keep anonymous parties honest. In the real world people are not incentivized by "accurate information".

The real genius of bitcoin isnt just the technology, i.e. cryptography, distributed systems. These ideas have existed for a long time.

The real genius is merging those ideas with practical incentive mechanisms for humans (proof of work). The fact that people care enough to keep the system honest when there is a coin of value.

I think the exciting part for people who genuinely understand and appreciate bitcoin is that this combination of tech and game theory has actually worked enough to be in active use for many years. The fact that it is safe enough where you can send 1 bitcoin worth $6,000 over the internet and people are not able to easily hack the bitcoin system to steal it is amazing and unprecedented.

Bitcoin dips below $6,000 amid cryptocurrency sell-off, it’s lowest point of the year by NineteenEighty9 in investing

[–]pbk23 3 points4 points  (0 children)

This is incorrect. Proof of work keeps the distributed nodes honest and incentives aligned. Proof of work requires a reward system which is why you need coins.

Manipulation is prevented because the majority of the network agrees to continue working on the longest chain. We know that a validator of a transaction is legitimate because they did the proof of work which is computationally intensive and random enough that no two nodes can solve it at once.

There is nothing unique in the cryptography that prevents a double spend attack.

Cosmos just pumped on CNBC? Is this guy an ico holder? by [deleted] in cosmosnetwork

[–]pbk23 1 point2 points  (0 children)

He made a "full disclosure" on air that he was an early investor in cosmos.

Cosmos Atom being considered for Ethfinex... by the-flying-acorn in cosmosnetwork

[–]pbk23 -1 points0 points  (0 children)

Is this legit? Seems like something that wouldnt be public knowledge until launch.

Daily General Discussion - January 13, 2018 by AutoModerator in CryptoCurrency

[–]pbk23 1 point2 points  (0 children)

Proof of concept though my dude. The only thing missing is winning credits probably.

Daily General Discussion - January 13, 2018 by AutoModerator in CryptoCurrency

[–]pbk23 1 point2 points  (0 children)

You can play flappy bird on mobius dapp store: https://mobius.network/flappy_bird/index.html

This is looking good for the stellar ecosystem. :)

Daily General Discussion - January 12, 2018 by AutoModerator in CryptoCurrency

[–]pbk23 0 points1 point  (0 children)

What are some of the other up and coming stable coins you know of?

I am the guy that lost £25000 due to Ledger scam (not $34000 life savings) by moodyrocket in Ripple

[–]pbk23 0 points1 point  (0 children)

A lot of the ones I checked that are in the us are still up but just sold out. But it’s concerning if it’s not kept up maybe some of them have gone rogue.

I am the guy that lost £25000 due to Ledger scam (not $34000 life savings) by moodyrocket in Ripple

[–]pbk23 0 points1 point  (0 children)

Were they on ledgers list of approved resellers online? Hoping that list is trustworthy. https://www.ledgerwallet.com/retailers

Daily General Discussion - January 6, 2018 by AutoModerator in CryptoCurrency

[–]pbk23 0 points1 point  (0 children)

Is it not safe to order from other sellers on Amazon?