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georgem (OP)
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April 18, 2016, 01:29:01 PM |
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Sounds cool, it's like a decentralized localbitcoins. They use automated escrow (bitcoin multisignature) and a dispute resolution system (which requires you to make a security deposit). For this their system needs arbitrators (who are humans) to help resolve in case of a dispute between users. (That's where I start to scratch my head: it requires humans?) But that's what you would expect from an exchange that involves fiat money.
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georgem (OP)
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April 18, 2016, 02:16:21 PM |
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Kristov seems to have a bad day. I'm sure he'll soon come back to his senses. You see, advancing the principles of decentralization is like solving one of the Millenium Prize Problems.. It's really, really hard, but once a solution is found (like with bitcoin) it opens up so many possibilities and advances humanity like nothing else. Some people work on solving those problems, and sometimes after long periods of failure they just throw in the towel. I could never do that, because the shining example of bitcoin is bright enough for me to continue forever. It can work. It was already proven that decentralization indeed works!That which was thought impossible just a few years ago is now possible! Fantastic years ahead of us.
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georgem (OP)
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April 18, 2016, 02:17:00 PM |
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Thanks for mentioning us. Good journalism, well explained the principles!
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coins101
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April 18, 2016, 04:05:56 PM |
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Good quality journalism. Props. Keep it up! There are just a few good places for quality news content and this looks like it could be one of the good ones.
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Cryptorials
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April 18, 2016, 04:41:18 PM |
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Thanks for mentioning us. Good journalism, well explained the principles! Good quality journalism. Props.
Keep it up! There are just a few good places for quality news content and this looks like it could be one of the good ones.
Thanks guys, glad you liked it. Unfortunately for your quest for quality cryptocurrency news content, however, I don't really publish news - I mainly publish 'olds' instead because I write about whatever I'm taking an interest in at any particular time rather than just the latest news and developments.
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georgem (OP)
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April 18, 2016, 04:47:12 PM |
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Thanks guys, glad you liked it. Unfortunately for your quest for quality cryptocurrency news content, however, I don't really publish news - I mainly publish 'olds' instead because I write about whatever I'm taking an interest in at any particular time rather than just the latest news and developments.
But that's cool, I respect that. Some things need to be revisited often, and put in context when new data emerges. Publishers who just desperately hunt for the newest thing will fall for every buzzword and rumour that is spread around. Such publishers aren't informing anybody, they are just loudmouths echoing whatever they picked up.
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georgem (OP)
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April 18, 2016, 07:16:20 PM |
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Can someone help me with this (since english isn't my first language): I had a little twitter exchange with kristov atlas. Part of it is here: https://twitter.com/cryptoons/status/722138156687089664What is the semantic difference between decentralization isn't cool anymore and I now doubt that decentralization is inherently cool ... I see no difference. Is he trolling me? Does my english suck?
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coins101
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April 18, 2016, 07:49:59 PM |
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I think he means that on a linear scale his position has changed from: Decentralisation is 100% cool, to Decentralisation is 50% cool So his position isn't changing about it being cool, just the degree of coolness he now places on it. edit Why don't you ask him in Greek
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georgem (OP)
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April 18, 2016, 07:59:22 PM |
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alright, so it's a question of spectrum/gradient I guess. Why don't you ask him in Greek He certainly isn't greek, but what is he anyway? Doesn't matter.
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coins101
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April 18, 2016, 08:02:47 PM |
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alright, so it's a question of spectrum/gradient I guess.
Yes, but: It's the type of position people getting older say when they start to get pragmatic about things. He is sort of giving up on an ideal and letting the notion of needing to compromise get the better of him.
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rhinomonkey
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April 18, 2016, 08:05:36 PM |
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I think he means that on a linear scale his position has changed from:
Decentralisation is 100% cool, to
Decentralisation is 50% cool
So his position isn't changing about it being cool, just the degree of coolness he now places on it.
I don't quite understand what he is analyzing... I'm sure what he is trying to discuss is more along the lines of the merits/ demerits and applicability of decentralizing certain systems, in which case his argumentative skills are absent because cool-ness has nothing to do with efficacy...
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rhinomonkey
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April 18, 2016, 08:09:34 PM |
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If we examined this like a logical phrase you might say A=Decentralization and B=Cool.
The first quote would read A does not equal B (Decentralization is not cool). The second quote would be a conditional stating that under certain circumstances A therefore B (This means that there is some prerequisite that can change decentralization to be cool or uncool, perhaps they are thinking about the implementation of decentralization?).
It sounds like the initial thought was that if something was decentralized it was necessarily cool, but now they are thinking that decentralization in itself is not sufficient for coolness (it may still be necessary).
Thus decentralization is not necessarily uncool, but it is no longer sufficient by itself to be considered cool.
Hopefully that helps?
Agreed. The conditionality is the thing that separates those two statements.
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georgem (OP)
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April 18, 2016, 08:17:58 PM |
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Anyway, what Kristov Atlast said here, makes it almost sound like he considers accepting that a certain amount of centralization is now ok again? It could be interpreted this way. If he thinks that decentralization has lost a few sympathy points, doesn't he imply that he gives a few points back in favor of centralization?
Well, my opinion is that decentralization/centralization is a completely black and white matter. ALL involuntary centralized systems can be vastly improved by turning them into voluntary decentralized systems.
No question about this in my mind!
But this statement doesn't make sense if we don't mention the voluntary/involuntary character of the system we analyze.
Ofcourse a driver/pilot will always be a necessarily centralized entity of a car/plane. And in the same way, a privately owned business will require a top down centralized hierarchy.
And that's ok, because those systems are either restricted to individuals, or based on voluntary interactions/agreements between all participants.
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georgem (OP)
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April 18, 2016, 08:31:59 PM |
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alright, so it's a question of spectrum/gradient I guess.
Yes, but: It's the type of position people getting older say when they start to get pragmatic about things. He is sort of giving up on an ideal and letting the notion of needing to compromise get the better of him. Yesyes, how does the saying go: If You Are Not a Liberal at 25, You Have No Heart. If You Are Not a Conservative at 35 You Have No Brain... ... this might make sense regarding your political affiliation .... (when young you want to change the world, when older and established you want the things to stay as they are (easier for retirement planning and what not)) ...but what we are involved with here in cryptoworld is the creation of disruptive technologies, permissionless decentralized systems that let you do your thing even if large parts of the population disagree or have a pragmatic problem with it, right? We design systems like bitcoin or bittorent to withstand the mood swings / influence of especially those established/conservative people who think they now know what's good for us, and what we are allowed to do or not.
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alganonim
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April 18, 2016, 09:18:44 PM |
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Nice article, but mostly about mining and nodes decentralisation, there are also other aspects which don't need higher decentralisation or even if accomplished only complicate it working, for example voting looks like highly democratic option which should only help in making any decisions (Dash), but in fact it slows down the process of making decisions, can also be abused by whales/big holders. I often wonder if users know better what they want then coders. Same with mining, nodes control, etc ... edit: I was sure that this conversation has ended, but now reading all missing parts after refreshing page
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georgem (OP)
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April 18, 2016, 09:39:25 PM |
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I often wonder if users know better what they want then coders.
I think the most suited entities to participate in any voting process are miners.They are already involved in some sort of voting process just by deciding what version/fork of the protocol they are going to use. I will probably let the miners decide the amount of reward they are willing to give to the servicenodes. BTW, I recognize your avatar pic. That's the trippiest film I ever saw.
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