Catch up on stories from the past week (and beyond) at the Slashdot story archive

 



Forgot your password?
typodupeerror
×

Comment Re:What we've learned from Bitcoin (Score 1) 221

No, it's stupid. If I want to buy a hot dog in New York, why should that matter to a guy who wants to buy a newspaper in Los Angeles? Why does my financial transaction have to be intertwined with his while we both queue up on the same blockchain?

That's not unique to cryptocurrencies with blockchains. Any private digital currency (including and especially those used in MMORPGs) has to deal with the same problem, of making sure that transactions are ordered correctly, that money is still available in an account, etc. In that sense, they all have the problem of the network having to know about both transactions.

It even affects the real-world clearing of bank transactions, which is why people always complain about the lag between when they get their money and when they can spend it, which exists (in part) because of the interdependence of all the accounts.

One solution, of course, is to perform the accounting via bearer notes, aka physical paper/coin money. The holding of the note validates the availability that unit of money, and that there is no "lock" on it.

But even then, you have to worry about someone spending money while they still have a lien from a third party.

Comment Misunderstanding of risk (Score 5, Insightful) 461

Tell that the the families of passengers on Flight MH370."

Oy gevalt! This again? When minimizing risk, you have to invest where you get the best returns in lives saved. Obviously, in retrospect, after an accident, you'll wish you had spent infinity on having more safety, but that's the wrong way to think about it.

You should instead:

1) figure out how much you're willing to spend per statistical life saved

2) deploy safety measures up to that point

It's not always going to make sense to keep throwing on all kinds of safety equipment simply to handle every black swan event you can think of -- remember, they do log airplane location remotely and continuously; it's just that that still wasn't enough in this case.

You might as well advocate that planes start giving everyone a parachute, without realizing it makes flight so unaffordable as to push people to less safe modes of transportation.

Comments like these promote a worse understanding of the issues.

Comment Re:I've heard that government moves slowly... (Score 0) 299

But it's *not* critical to the performance of the job they're *actually* trying to.

Think about it: can they still hobnob, cut backroom deals, wield enormous power, and keep that power? Yep, they're doing that just fine. Tech ignorance isn't holding them back from that at all!

Comment Re:No (Score 1) 627

If your understanding of cutting wood has atrophied to "uh, flick the switch and push the wood into the blade", then yeah, it has worsened your expertise as a carpenter -- because you've lost the understanding that would allow you to cut wood with a plain ol' handsaw and are forced to backlog until the real experts can replace it when it breaks.

Comment Re:the beginning, not the end (Score 1) 189

Agree in principle, but I'm not sure this fails that standard to the extent that it's relevant for science to work. Sure, a human may not directly understand the entire proof. However, like with the Four Color Theorem, they can verify:

- A proof checker would catch errors if there were any, and has failed to.
- The thing it purports to prove is in fact (a representation) of the theorem the submitter claims to have proven.
- The proof generator generates only valid steps.

Could there be errors in the process? Sure. But it's definitely something that humans can do science with.

Comment Re:Pretty Much. (Score 1) 387

Back in the day, car dealerships were the good guy underdogs, and car manufacturers were pretty much the devil.

You mean, a writer with a particular worldview convinced you that there was a time where smaller businesses held a relatively benevolent position compared to upstream larger businesses.

Does that argument also prove how gas station owners were pro-consumer good guys against oil companies?

Why didn't competition between auto-makers hold down prices, and how did middlemen help with that?

Comment Re:Quantum Cash! (Score 1) 224

Definitely! But some customers believed they were getting a genuine speedup from the quantum effects and it being a true quantum computer. I think it's relevant to *them* whether they could accomplish the same thing with (classical) commodity hardware and a grad student to implement the (classical) algorithm, which seems to be the case.

Slashdot Top Deals

He has not acquired a fortune; the fortune has acquired him. -- Bion

Working...