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Comment Re:Why? (Score 5, Informative) 599

I'm not aware of broadcasts in 50 FPS. AFAIK, they're being evaluated, but basically material is broadcast at 25 or 30 fps, depending on the standard used. These conform to the old PAL/NTSC/SECAM framerates. Interlaced formats, however, can be 50 or 60, but that's because each frame is essentially split into two frames of alternating horizontal lines, "fields".

Comment Re:What does it calculate? (Score 1) 600

Which centralized control body is going to do this ? The bloody UN ? The lack of centralized control (control which this would require) is the point for many of the users. Why should I as an individual Bitcoin user have to pay for history making when "the system works already" ?

People do choose to pay transaction fees. It's a feature already implemented and in use. You can choose not to pay a fee, but your transactions will likely take longer to be processed.

Comment Re:Few replies (Score 1) 205

There's no promise of any kind. That's rather important.

A ponzi scheme would be where an operator enrolls investors by promising high interest rates on their investments, lacking the ability to actually pay everyone in full. Such a scheme typicalyl runs until enough people decide to withdraw their investment that the operator decides they can't afford the payouts and instead defaults and runs off with the money.

Bitcoin has no operator making promises. The protocol itself makes no promise of profits for investors. The developers have quite explicitly stated treating Bitcoin as an investment is risky. Furthermore, while the experiment that is Bitcoin may well fail some time in the future, it is not obvious to an impartial observer that it will. A Ponzi scheme is inherently unsustainable, in a way obvious to anyone willing to ignore their greed. Bitcoin, on the other hand, is an unknown, a risky investment, but openly so.

I get the feeling you have a beef with how early adopters are rewarded more than later users, and that's why you're saying Bitcoin is a Ponzi. Early adopters *are* rewarded, assuming the system doesn't crash and burn. That's no secret. It's part of the design. The idea is that there needs to be an incentive to get people to commit to the system, to make it costly to let it fail. The longer the system runs and grows, the less risky it should get to pump funds into it. Accordingly, the rewards for doing so will diminish as well.

Whether the rewards reaped by old-timers are reasonable or not is a matter of constant debate, and several forks of the system exist largely because of disagreements on this point. Personally, I don't think in the long run it will matter much. If Bitcoin fails for one reason or another, the early adopters will lose their investment. If it doesn't, they'll be rich, but continued operation of the system will be proof it didn't make much of a difference that a few individuals got very wealthy off the backs of later adopters.

Comment Re:Few replies (Score 4, Informative) 205

That some may profit at the expense of others doesn't make anything into a Ponzi. But don't take my word for it, here's what the European Central Bank's analysts have to say on why Bitcoin isn't a Ponzi scheme:

http://www.ecb.europa.eu/pub/pdf/other/virtualcurrencyschemes201210en.pdf

"On the one hand, the Bitcoin scheme is a decentralised system where – at least in theory – there is no central organiser that can undermine the system and disappear with its funds. Bitcoin users buy and sell the currency among themselves without any kind of intermediation and therefore, it seems that nobody benefits from the system, apart from those who benefit from the exchange rate evolution (just as in any other currency trade) or those who are hard-working “miners” and are therefore rewarded for their contribution to the security and confidence in the system as a whole."

"Moreover, the scheme does not promise high returns to anybody. Although some Bitcoin users may try to profit from exchange rate fluctuations, Bitcoins are not intended to be an investment vehicle, just a medium of exchange. On the contrary, Gavin Andresen, Lead Developer of the Bitcoin virtual currency project, does not hesitate to say that “Bitcoin is an experiment. Treat it like you would treat a promising internet start-up company: maybe it will change the world, but realise that investing your money or time in new ideas is always risky”. In addition, Bitcoin supporters claim that it is an open-source system whose code is available to any interested party."

Can you lose your shirt if you invest heavily in Bitcoin? Yes. Can you get scammed by other users? Yes. Is the whole thing a Ponzi scheme? No.

Comment Re:Multifunctional was as close as I could get (Score 1) 279

I think "comfortable" pretty much includes everything you'd want in an input device, assuming it can actually be used with the devices you use. The main source of discomfort with input for me isn't ergonomy, it's simply that they are all pretty crap. Pointing at things? Frustrating. Typing commands out? The damn thing should just read my mind! I spend most of my day working on a computer. There are several problems with computers, the first being that they have this point-and-click interface, the second is that they have a keyboard. I'm frankly not sure the whole thing wtih the screen is that great, either.
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Submission + - Anonymous Cowards, Deanonymized (33bits.org) 1

mbstone writes: Arvind Narayanan writes: What if authors can be identified based on nothing but a comparison of the content they publish to other web content they have previously authored? Naryanan has a new paper to be presented at the 33rd IEEE Symposium on Security & Privacy. Just as individual telegraphers could be identified by other telegraphers from their "fists," Naryanan posits that an author's habitual choices of words, such as, for example, the frequency with which the author uses "since" as opposed to "because," can be processed through an algorithm to identify the author's writing. Fortunately, and for now, manually altering one's writing style is effective as a countermeasure.

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