Put interesting people in close quarters with minimal oversight and throw money at them.
I can't say it works every time, but I'd like to see anyone come up with any example of consistently highly performing R&D that followed another model.
If you have a particular problem you want solved, do the above, then figure out how to make the given problem as interesting as possible.
The message of the article could easily be turned 180 by pointing out the ratio of % of Jihadis who studied Islamic subjects to the % of non-Jihadis who did. Unfortunately I couldn't easily find the total % of those who study engineering disciplines to do a comparison on that point.
Please do your part to prevent clickbait like this in the future.
Deposit fees effectively lower the value of physical cash so long as it has to make its way back into a bank eventually; most likely a means of killing any attempts to continue holding cash.
Bitcoin is all the hype, but the blockchain has flaws, in that it isn't as anonymous as one would hope for — you can track past transactions. Is Bitcoin the way to go, or will it falter under wide use / become easily trackable once NSA and the likes adapt their systems to doing exactly that? Are there feasible cryptocurrencies that have the upsides of Bitcoin (such as a mathematical limit to their amount) but are fully anonymous in transactions?
There are a number of properly anonymous cryptocurrencies now. Dash (formerly Darkcoin) and Monero are current market leaders. Zerocoin is a notable new contender as it uses zero-knowledge proofs which are as good as you can get on anonymity. Bitcoin on the other hand would require dramatic changes which are very unlikely to receive support from the institutions involved with it.
So I have some questions: Is getting into dealing with crypto currency worthwhile already?
Only if you're a fan of economics and programming. It's still very much in the experimental phase of technological maturity.
Rumors of Bitcoin showing cracks are popping up and also there are quite a few alternatives out there. And does Bitcoin own the market or is it still flexible enough for an technology upgrade?
There's currently a holy war going on between different groups of Bitcoin developers on how to upgrade network protocol, which is sorely needed given Bitcoin's dinosaur status in the field. Looking at that there's definitely not much flexibility. There's also not much of a market to own yet, so despite its network effects, Bitcoin could easily be dethroned by a cryptocurrency with actual momentum in becoming useful beyond largely experimental purposes.
What digital currency has the technical and mind-share potential to supersede bitcoin? What do the economists and digi-currency nerds here have to contribute on that?
Ethereum has by far the strongest development community at the moment. It's also designed to maximize flexibility in what it can be used for, giving it abilities to adopt new features as needed without requiring agreement among those using it (pick and choose which features you want to use for all but the most fundamental).
What are your experiences with handling and holding cryptocurrency?
Dodged a couple exchange collapses, scary stuff. Keeping wallets local, encrypted, and with multiple backups is a considerably safer experience and doesn't require too much involvement. Getting holdings in the first place is also a hassle.
They've got a consensus algorithm (Casper) in the works which is a vast improvement over how Bitcoin handles blockchains, and has the nice added benefit of requiring that you only keep recent parts of the blockchain handy.
To summarize how trust is accomplished: Anyone validating blocks (note that it's not traditional PoW mining in this case) has to post a bond which is forfeited in the event of any attempt at a double spend given there's cryptographic proof of malicious behavior.
Thus you need only have the current set of bonded validators handy.
Ever played around with languages that aren't intended for interaction between humans or human-like entities?
Programming/deterministic languages being an obvious example, but some other possibilities being human to machine, machine to human, bidirectional human/machine, machine to machine, and vastly more alien actors as well (complex chemical signaling between plants for example)?
The drama is about to die down since a majority of the mining power has now agreed on a fork to 2MB blocks. Specifically see https://bitcoinclassic.com/ for details and maybe hop on the Slack if you want way too much detail.
I'm gonna bet the vast unseen wastes of the internet are harboring some passionate citizen journalists who are producing quality content without being paid a dime for it.
Someone will create a blatantly illegal decentralized autonomous corporation running on Ethereum, it will get media coverage, and there will be full blown moral panic.
This will be used to further interests in expanding mass surveillance and the use of cryptography will become even more politicized.
Meanwhile said corporation will experience record profits which are only improved by the notoriety.
Slashdot Mirror
Put interesting people in close quarters with minimal oversight and throw money at them. I can't say it works every time, but I'd like to see anyone come up with any example of consistently highly performing R&D that followed another model. If you have a particular problem you want solved, do the above, then figure out how to make the given problem as interesting as possible.
Approximately 0.01c.
Someone in the army's been playing too much SC2: http://starcraft.wikia.com/wik...
I can't believe they didn't call it Windows Windows...
Now to see whether this is the beginning of tossing around a lot more cash as a means of getting cozier with China again.
It'd be nice to see stuff like this listed under "Blockchain" instead of "Bitcoin".
Proof-of-stake and light clients render those concerns moot, you're behind the times
The message of the article could easily be turned 180 by pointing out the ratio of % of Jihadis who studied Islamic subjects to the % of non-Jihadis who did. Unfortunately I couldn't easily find the total % of those who study engineering disciplines to do a comparison on that point. Please do your part to prevent clickbait like this in the future.
Title is nothing if not a complete lie for the sake of being clickbait. The "article" itself about matches it for quality.
Quick, somebody teach all the hole in the wall cash only restaurants we know and love to use ring signature based alternative cryptocurrencies. /s
Deposit fees effectively lower the value of physical cash so long as it has to make its way back into a bank eventually; most likely a means of killing any attempts to continue holding cash.
Unfortunately there's also a prediction market in the works by the same name: http://www.augur.net/
Bitcoin is all the hype, but the blockchain has flaws, in that it isn't as anonymous as one would hope for — you can track past transactions. Is Bitcoin the way to go, or will it falter under wide use / become easily trackable once NSA and the likes adapt their systems to doing exactly that? Are there feasible cryptocurrencies that have the upsides of Bitcoin (such as a mathematical limit to their amount) but are fully anonymous in transactions?
There are a number of properly anonymous cryptocurrencies now. Dash (formerly Darkcoin) and Monero are current market leaders. Zerocoin is a notable new contender as it uses zero-knowledge proofs which are as good as you can get on anonymity. Bitcoin on the other hand would require dramatic changes which are very unlikely to receive support from the institutions involved with it.
So I have some questions: Is getting into dealing with crypto currency worthwhile already?
Only if you're a fan of economics and programming. It's still very much in the experimental phase of technological maturity.
Rumors of Bitcoin showing cracks are popping up and also there are quite a few alternatives out there. And does Bitcoin own the market or is it still flexible enough for an technology upgrade?
There's currently a holy war going on between different groups of Bitcoin developers on how to upgrade network protocol, which is sorely needed given Bitcoin's dinosaur status in the field. Looking at that there's definitely not much flexibility. There's also not much of a market to own yet, so despite its network effects, Bitcoin could easily be dethroned by a cryptocurrency with actual momentum in becoming useful beyond largely experimental purposes.
What digital currency has the technical and mind-share potential to supersede bitcoin? What do the economists and digi-currency nerds here have to contribute on that?
Ethereum has by far the strongest development community at the moment. It's also designed to maximize flexibility in what it can be used for, giving it abilities to adopt new features as needed without requiring agreement among those using it (pick and choose which features you want to use for all but the most fundamental).
What are your experiences with handling and holding cryptocurrency?
Dodged a couple exchange collapses, scary stuff. Keeping wallets local, encrypted, and with multiple backups is a considerably safer experience and doesn't require too much involvement. Getting holdings in the first place is also a hassle.
It's only a matter of time until someone builds an anonymization layer for this that sees mass adoption.
Thank you for sharing.
It's a shame it wasn't mentioned in the abstract.
They've got a consensus algorithm (Casper) in the works which is a vast improvement over how Bitcoin handles blockchains, and has the nice added benefit of requiring that you only keep recent parts of the blockchain handy. To summarize how trust is accomplished: Anyone validating blocks (note that it's not traditional PoW mining in this case) has to post a bond which is forfeited in the event of any attempt at a double spend given there's cryptographic proof of malicious behavior. Thus you need only have the current set of bonded validators handy.
Ever played around with languages that aren't intended for interaction between humans or human-like entities? Programming/deterministic languages being an obvious example, but some other possibilities being human to machine, machine to human, bidirectional human/machine, machine to machine, and vastly more alien actors as well (complex chemical signaling between plants for example)?
The drama is about to die down since a majority of the mining power has now agreed on a fork to 2MB blocks. Specifically see https://bitcoinclassic.com/ for details and maybe hop on the Slack if you want way too much detail.
I'm gonna bet the vast unseen wastes of the internet are harboring some passionate citizen journalists who are producing quality content without being paid a dime for it.
It's only a matter of time until somebody does exactly that as a campaign stunt.
Someone will create a blatantly illegal decentralized autonomous corporation running on Ethereum, it will get media coverage, and there will be full blown moral panic. This will be used to further interests in expanding mass surveillance and the use of cryptography will become even more politicized. Meanwhile said corporation will experience record profits which are only improved by the notoriety.
Any thoughts on whether (Decentralized) Autonomous Organizations could potentially beat AI to the superintelligence punch?