Forgot your password?
typodupeerror

Comment Re:The barrels were meant to leak (Score 1) 74

The unsettling part is that a corroded barrel is not necessarily a failed design.

Unsettling because it's not the radioactivity levels in the vicinity of the barrels that is of concern*. It's the solubility of various radionuclides in sea water and the subsequent diffusion over large distances that concerns me. Glassification of spent fuel and other byproducts would tend to confine this stuff, keeping them in one place.

*See https://what-if.xkcd.com/29/

Comment Tokenized Stock Exchanges (Score 1) 122

For me, the biggest news is the possibility of a tokenized stock exchange. I have no interest at all in cryptocurrency, but I would like more transparency and control over my assets which could potentially be done if they were tokenized. If it was designed securely, it could prevent shadow transactions and would expose frontrunning. Also, I have a lot less trust in stock exchanges in the past couple of decades due to all of their fuckery, so I wouldn't mind holding onto the assets directly after they're traded. While I'm not currently concerned about a rug pull of my assets, there have been claims that exchanges have been surreptitiously selling shares on margin without the owner's knowledge. Just twenty years ago I would have dismissed such claims as complete nonsense, but after seeing Wells Fargo get caught doing something similar with money held in bank accounts they managed, it's now entered the realm of possibility in my mind. While the reports may just be conjecture, it's spooked some people into purchasing direct-registered shares to ensure that such fuckery can't be committed.

Regardless of the motivation, tokenized assets could inject some trust into a system in which trust has been extremely eroded. And for the aforementioned reasons, I'll be very skeptical of all implementations since the people in power have too much to lose from allowing their shenanigans to be exposed and to lose direct control of people's assets.

Slashdot Top Deals

Every nonzero finite dimensional inner product space has an orthonormal basis. It makes sense, when you don't think about it.

Working...