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Comment You can't control the flow of information (Score 3, Interesting) 156

This problem is only going to grow in the future. You can't control or reliably censor information on a free and open internet. The only way to ensure that nothing "bad" happens on the internet is to completely lock it down and whitelist everything that is posted. This isn't going to happen.

In a few years blockchain based messaging apps will be launching and they will not be controlled by Facebook or anyone else. You won't be able to ban anyone. This is something we are going to have to accept and deal with. There will be things you don't like on the internet.

Comment Re:Cancer Genetics Crypto Coin (Score 2) 99

Modern coins are no longer using Proof of Work but instead using Proof of Stake. So really it's just the Bitcoin dinosaur that's wasting all of this electricity. The crypto currencies that will matter the most in the future (Ethereum (Soon), NEO, NANO, etc) are proof of stake and require very little power to run. Some can even be run on mobile phones.

Comment Re:If so-called cryptocurrencies are really curren (Score 1) 122

Black markets aren't moving away from Bitcoin because it's "too unstable". They are moving away from it because it's not private/anonymous. Which is kind of important when buying illegal goods. Now that true privacy coins like Monero are available there is little reason to accept Bitcoin.

Comment Re:This is why they forked (Score 4, Insightful) 376

I don't think transaction speeds are a technological problem. Bitcoin can do nothing to make transactions happen quickly at scale with any technological model with the way cryptocurrency is currently set up. It's a political problem that currently has no solution and worst yet as far as I know nobody has even come up with a pie in the sky solution that might work either.

Visa has to process millions of transactions every second. Visa spends a TON of money on data centers and ways to process all of that load. There is currently no good incentive for miners to create the massive infrastructure needed to make a real time transaction system work in the real world. It's either wait more than 5 minutes (unacceptable) or charge multi dollar fees on top of the price of what's being bought (also unacceptable). The only way Bitcoin will be viable is to work fast and cheap. It's neither.

Comment Re:Mind-numbingly boing (Score 4, Interesting) 114

Hacking is sort of like solving puzzles. You find the systems, analyze them, and look for loopholes and edge cases. It's mentally challenging and varied. Sure the hacks might follow a few standard techniques after a while but each specific instance is different and carries its own risks.

I have a software engineering job that I would say is fairly challenging but I also do a whole bunch of grunt work and google pasting solutions for one off things. I wouldn't say my job is vastly better than his except for maybe the retirement plan. But even then if he got lucky he could out earn me quickly for finding a key exploit for a hot new game and milking it for a while.

Comment Open source not view source (Score 5, Insightful) 305

View source is a relic of how the internet used to be. It's not coming back and I would argue should be hidden by default in browsers. It's akin to decompiling the source of an .exe file to look at the code (which some people do) and learn how it does things. Not a good method.

What you really want for learning and teaching techniques is to view the real source code. The source code with comments, with context, and with reproducibility in full. This is what open source projects and those demo websites do. They intentionally format the code in a readable way for the purposes of learning.

Someone learning to code on the web should not be looking at production code in a scalable web app, they should be following tutorials and using demo projects like you do in every single other language. The web isn't special it just had the quirk of the View Source button that was neat at the time but is now out of date and a relic of a bygone era.

Comment Re:$250K is the definition of the evil 1% (Score 1) 486

In *every* part of the US, that will define you as rich. If you can afford a $50,000 car, you are rich. If you can afford a 2000+ sqft home, you are rich. If you can afford to buy a decaf latte grande every day, you are rich. *Most* americans live paycheck to paycheck and are vastly in debt. Slashdotters are not typical people. Moreover, most slashdotters don't even know anyone who isn't rich. They will live in a rich neighborhood, and work with rich people, and buy everything online, or from stores staffed by the children of rich people.

You are mistaking middle class for rich. And you apparently think poor people (who work at wal mart and other retail jobs) are middle class. I feel like you need to brush up on what actually defines the economic classes we use in America. Most lawyers and office professionals are middle class. The 1% big shot partner lawyers and leading trauma surgeons are rich.

Rich means not having to worry about money. Losing your job isn't a big deal. Rich means having investments that provide you with income regardless of what you do for "work".

Middle class means a two story house in a major suburb with 2.5 kids. That's not rich. If the people you are calling rich lose their job tomorrow then they would be scrambling to find a new one before their 3-6 months of buffer runs out (if they're lucky).

Poor means living paycheck to paycheck. You lose your job today and you could literally be homeless in a week.

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