All first world governments have some degree of corruption from money in politics, but don’t kid yourselves: USA is much worse than most
All first world governments have some degree of corruption from money in politics, but don’t kid yourselves: USA is much worse than most
Hmm I don’t think that’s necessarily what OP is proposing. There are cryptos where transactions are anonymous.
Banks are already paying for servers to process and store information.
Yes
A few validators or collators (quite cheap for a private network) provided by several banks would cost a fraction of what they pay now
How? They’d be doing extra compute work for no reason (validating already valid transactions), and storing extra data (lots of hashes) for no reason, so it can only make infra costs more expensive. Plus the added complexity meaning you have to hire an extra team just to understand it.
Don’t mix blockchain with the speculative world built on top of it. That’s only an unfortunate use of the technology.
That speculative world as shitty as it is, is the only proven use case of the technology, if you take that away then blockchains are even less useful
All my points? That’s a bit rich
You make a good point that PoS would solve one of the issues I raised which is electricity usage.
In theory it could also increase throughput and reduce costs, but: a) in practice that hasn’t happened yet despite years of development, b) it’s never going to be as efficient as a centralised system because of the extra overheads necessary to decentralise it, so that point still stands
All my other points still stand as well, plus the additional problems PoS creates to do with centralisation of power
Ok so firstly you’re not the OP I was replying to, so neither of us know for certain whether they were talking about replacing the banking system with a decentralised currency vs keeping the existing centralised private banks and just having them use a blockchain as their database. I assumed the former because of their wording (“replace the banking system”), and because the latter offers no advantages that I know of.
Secondly if you think a blockchain would offer some advantages over other more efficient write only databases, I’d be interested to know what those are, because to me if you’re not running a decentralised system then you’re only getting the downsides of blockchain (such as it being single threaded, slow, and space inefficient) without any of the upsides.
For some background, I’m well aware of how both blockchains and crypto work, having been obsessed with them for a little while in 5 or 6 years ago like many of us were before becoming disillusioned. I’ve also got professional experience as a developer on both immutable databases and banking ledgers.
WebP was barely competitive with JPEG
Citation needed
So what, we’re not supposed to use any library that’s ever had a vulnerability? You better go uninstall literally everything on your computer then
It’s just the typical Lemmy hivemind hating anything made by a large tech company, purely because it’s made by a large tech company, even when it’s actually really good
JPEG-XL is better
Citation needed
A banking system running on Blockchain
Is an astronomically terrible idea. It:
Eh? On Linux you also aren’t supposed to log in as root, and you also have to individually set file permissions.
This issue is unrelated to windows, it’s a safety feature that all modern desktop OSes have
Appreciate you taking the time to reply in such detail! Some good insights thank you
If were just a personal project that they’re building entirely on their own then sure, go nuts and do whatever you want. But they’re trying to gain adoption, asking for contribution, and wanting to replace other browsers. At that point it’s no longer just a personal choice if you’re asking the community to invest their time and money into it with you
Reading all of that it sounds mostly like a dev who has spent 20 years doing things the C++ way wasn’t comfortable learning something new. Like basically they’ve been using horrible design patterns that Rust bans because they’re horrible, and instead of learning better approaches they just say Rust is bad
there’s a reason
Oh good that settles it, no further questions your honour
Your main (or at least first) point was to throw childish insults around, so you got the same in return
I wouldn’t go around accusing people of being 10 years old when your English skills are worse than a 10 year old’s. Glass houses and all that.
Sure :)
There are a lot of downsides of C++ compared to more modern languages that make it not a great choice if you’re starting a web browser from scratch
So tl;dr: a browser but in C++ will take much longer to develop, have fewer features, more bugs, less concurrency and and more security vulnerabilities
builds a new browser from scratch without borrowing existing code
still chooses to do it in C++
Epic fail
Would honestly be better than the current options