Formerly u/CanadaPlus101 on Reddit.

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Joined 1 year ago
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Cake day: June 12th, 2023

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  • No, it’s not that people are unaware, or even don’t believe it, it’s that they can’t reason about it strategically

    It’s spending now to save later. If that’s about military spending or emergency services everyone gets paying taxes for it, but words are as far as most will go to stop nonspecific far future weather. Even when people talk about the situation with climate change, you hear them frame it in moral terms instead of practical terms.

    Case in point: Canada has a carbon tax, and a majority want to get rid of it. Denialism is not a prominent part of the campaign, just the fact that it costs something. And not even much, and it’s all given back in refunds - doesn’t matter, the extra gas cost people will bear is zero.




  • Yeah. A blockchain is a chain - new stuff is built on top of old, and it grows forever. Ripple’s ledger is all relatively up to date information IIRC. It doesn’t actually need the chain, because as long as a critical number of nodes agree on a single order of transactions, they can agree that only the first spend of a set is valid if it would otherwise lead to double-spending (which is the main challenge of a distributed currency).

    How that agreement is reached in an asynchronous network with possible malicious nodes is the real trick, and at that point I do start getting fuzzy on the details. Byzantine fault tolerance is hard. I think I’m actually going to read the whitepaper (again?), now that I’m thinking about it.

    Edit: It’s still not. I guess “blockchain” has just become just a marketing term at this point. The current crypto market is dumb even if crypto isn’t.