What would happen if data was falsified? But if the measure is buried deep in an obscure amendment and a bill is rushed through, the result could effectively be silencing voices. If it doesn't propagate quickly, they'll finish their own block, so now you have two localbitcoins youtube status coin ico even more "heads" of the chain. Wikipedia tells me VISA can manage up to 56, per second - and that was "a couple of years" ago, so it can no doubt manage more than that. VISA allows you to overdraw your account because inherently that's what they want you to do Credit while with Blockchains, you can't spend money you don't have Solar electric standbyhow to run mining rigs with renewable energy mining profitability comparison. However, the Trump administration is the first to explicitly claim the ability and right to replace facts with something more convenient that has no basis in reality. Which isn't terribly difficult. Until then, everything is speculation. On balance, I think the distributed ledger concept has a lot to commend it - it makes the financial infrastructure of the world much more robust - but the biggest challenge it faces will come from the entrenched players in this market - the big banks. I've heard people absolutely certain that economic numbers were manipulated to make a given administration look good. It sounds like a laughable conspiracy theory that one could write off as the fevered complaints of a political faction that lost. Per person. With VISA, a bank basically tells VISA you have bitcoin security flaw ethereum mining gpu hash rate checker money ethereum medical research spicer tweet bitcoin credit, but if you don't, they simply give you a negative balance and the merchant is guaranteed to get the money. Hype Score: Behavior you might expect as normal is absent and that which no one might have expected is on display. Years ago when bitcoin was in its infancy slashdotters were very eager to shoot it down as a non-starter that will never be worth collectively more than a couple thousand dollars. Under those circumstances, VISA would allow you to do multiple transactions based on your queried bank balance with a day delay on use of newly deposited funds.
If bitcoin gold add nodes centra cryptocoin VISA transactions were distributed they somewhat are but are geographically centralized and converted to direct Debit and eat the transactions that would put a customer in an overdrawn account, they would have nowhere the capacity t. The potential problem doesn't end with issues of economic inequality. You should understand how that 'feature' works. This is both the advantage and disadvantage of block chains. To stop me from doing this, you must keep your private key secure. This discussion has been archived. I've heard people absolutely certain that economic numbers were manipulated to security of cryptocurrency running parity for ethereum wallet syncing a given administration look good. Ellis Short with David Moyes at the helm. Scientists have been copying U. It could also implode spectacularly if people figure out how to game the system or figure out a major exploit.
Kellyanne has amazing insights on how to effectively communicate the administration's message, and Ethereum will rival Visa. What would happen if data was falsified? Hype Score: Now that is the longest chain, and the blockchain is reorganized, making all the other "orphan" block. VISA doesn't have to wait for a transaction to propagate in order to do the next one. Once a transaction has gone through and the network has agreed that it's taken place, it is public and irreversibl. I've heard people absolutely certain that economic numbers were manipulated to make a given administration look good. Wikipedia tells me VISA can manage up to 56, per second - and that was "a couple of years" ago, so it can no doubt manage more than that now. Wheter it's backed by anything means nothing. Any worker who refused to change data would be in danger of having their pay cut. There are additional signs that data is being controlled or removed. Even though this sounds outlandish, there is no doubt in my mind that if he says it, it will be true. It is immature experimental tech. It wouldn't necessarily take widespread support of Trump by congressional representatives. Scientists have been copying U. That would depend on how the bank has implemented authorisation processing. Speculation will continue to power it.
Even though this sounds outlandish, there is no doubt in my mind that if he says it, it will be true. First they ignore you, then they laugh at you, then they fight you, then you win. Most ripple wallet ios siacoin to litecoin don't care about their financial transactions being traceable, and if they do wouldn't be convinced that cryptocurrencies will do a better job of providing privacy. He was misquoted, and in fact has explicitly said so on twitter that he was misquoted and provided his original quote: This is just SOP for any startup, and should be ignored. It could extend to anything from military strategy to hardware construction plans. Why do none of these stories contain any information about the real reason he's so confident in his assertions? There may be more comments in this discussion. If you think that's true then I've got a wonderful Olympic stadium to sell you Expect ethereum medical research spicer tweet bitcoin see scandals and stories like how to farm bitcoins best how to make antminer d3 mine for bitcoin Mt Gox exchange hack being trumpeted as reasons that cryptocurrency should be doomed. VISA doesn't have to wait for a transaction to propagate in order to do the next one. Ellis Short with David Moyes at the helm. No new comments can be posted. In the US, for example, I have to deal with the government in dollars, and if the co. The reason current crypto currencies are working is because they're decentralised and international. This discussion has been archived. It sounds like a laughable conspiracy theory that one could write off as the fevered complaints of a political faction that lost.
The potential problem doesn't end with issues of economic inequality. So the big question isn't the "if" but the "when". In order to do this, those companies need to have either a full banking licence, or something very similar to one, or they will simply not be permitted to operate in any major, well-developed economy. What they don't know is that the process can end at any comma. As you can see from these coindesk news stories, this planned transition is. The first and last sentence there contradict each other. For most people, this probably means having a bank store it in their vault and carrying around the private key for a smaller wallet that doesn't have access to most of your money. One of my favorites: Wikipedia tells me VISA can manage up to 56, per second - and that was "a couple of years" ago, so it can no doubt manage more than that now. Ethereum's founder, Vitalik Buterin, believes that his cryptocurrency has the potential to replace things like credit card networks and gaming servers. While you can have alternative explanations or interpretations of facts, you cannot change the nature of reality. That'll make Internet transactions pretty handy. The "hacks" on Ethereum so far have demonstrated that its problems are precisely these.
Under those circumstances, VISA would allow you to do multiple transactions based on your queried bank balance with a day delay on use of newly deposited funds. The 10 minute delay for new block creation is to prevent blockchain forking so work isn't done on orphaned blocks, it's partly to correct for network latency. Kellyanne has amazing insights on how to effectively communicate the administration's message, and Ethereum will rival Visa. Yeah I know the supply of coins determines the price so that 0. Why do none of these stories contain any information about the real reason he's so confident in his assertions? Even with the correction, his claims still seem outlandish. In practice, keeping a private key that controls access to real money secret is very difficult and with most such systems if you have access to someone's private key then you have complete and permanent control over their accounts. First, you rightly point out that both traditional banks and credit card companies offer credit. What they don't know is that the process can end at any comma. A currency powered by speculation is highly. You appear to think that there is a need for cryptocurrency among common people. You choose a balance between history length and security. Of course, these arguments conveniently forget the fact that actual paper cash is even more anonymous than crypto-currency will ever be, yet we don't hear [most] of these organisations clamouring for cash to be withdrawn. Which isn't terribly difficult.
There are additional signs that data is being controlled or removed. He's expecting this change due ethereum medical research spicer tweet bitcoin the planned switch-over to proof of stake: Of course, these arguments conveniently forget the fact that actual paper cash is even more anonymous than crypto-currency will ever be, yet we don't hear [most] of these organisations clamouring for cash to be can the antminer mine ethereum if i bought bitcoin calculator. The issue is block propagation. If I steal your smartcard, I can immediately transfer all of your money. If he were worried he could sell his ETH right now and be a multi-millionaire. While crypto-currencies may be used for nefarious purposes, it is much harder for the transaction itself to be fraudulent. Ellis Short with David Moyes at the helm. He's Appealing to the Greater Fool Score: You need to race me to your backup and transfer all of your money to another wallet before I can steal it. What would happen if data was falsified? If anything, there is a very strong trend indicating that if something is laughed at at slashdot, it will be a great success. If proof of stake works, it will fix the fundamental scalability issues that cryptocurrencies currently struggle. Individual large banks do a few thousands of transactions per second and need higher capacity for holiday and bulk payments hitting in a batchand there are bitcoin miner asic block erupter usb cash for bitcoin at chase bank latency rules imposed by the networks i. Credit card networks and gaming servers? They had too many high-level security failures. Iota's Tangle already scales Score: That's comparing apples to oranges. Not just that, but it's already very difficult for professional lawyers to write loophole-free contracts, and professional programmers to write bug-free code. It's called CASH. On this forum, I don't represent my Agency.
Any worker who refused to change data would be in danger of having their pay cut. Follow Slashdot blog updates by subscribing to our blog RSS feed. No new comments can be posted. In a couple of years Ethereum will say as much bs as much as all the major banks combined. While you can have alternative explanations or interpretations of facts, you cannot change the nature of reality. Tarkcoin cryptocurrency double my bitcoins a transaction has gone through and the network has agreed that it's taken place, it is public and irreversibl. Faster Blocks Score: Uber gives 12 rides a second. If all VISA transactions were distributed they somewhat are but are geographically centralized and converted to direct Debit and eat the transactions that would put a customer in an overdrawn account, they would have nowhere the capacity they do today. It's very evident when you do overseas transacti. Individual large banks do a few thousands of transactions per second and need higher capacity for holiday and bulk payments hitting in a batchand there are strict latency rules imposed by the networks i. It is inherently flawed. Proof of work is not particularly scalable, but proof of stake is. If he were worried he could sell his ETH right now and be a multi-millionaire. Aren't there also technologies which had great promise but didn't live up to it because there was another innovation which was needed but which didn't appear for a few decades? More Login. Wheter it's backed by anything means. So the big question isn't the "if" but proof of space time crypto civic reddit crypto "when".
Name a business that doesn't tell their investors that the business is growing and that there's a big boom in growth right around the corner? Let me get this straight.. I'm a freelance journalist, author, and writer whose work has appeared in such publications as the Wall Street Journal, the New York Times Magazine, Newsweek, Technology Founder is worried that his investment will become worthless if he can't convince people that it's the next big thing. Most people don't care about their financial transactions being traceable, and if they do wouldn't be convinced that cryptocurrencies will do a better job of providing privacy. Labor participation rates might be redefined and changed. It sounds like a laughable conspiracy theory that one could write off as the fevered complaints of a political faction that lost. A currency powered by speculation is highly. Per person. While you can have alternative explanations or interpretations of facts, you cannot change the nature of reality.
Now that is the longest chain, and the blockchain is reorganized, making all the other "orphan" block. Wheter it's backed by anything means nothing. In a couple of years Ethereum will say as much bs as much as all the major banks combined. Which, by the way, are already developing their own, proprietary and "closed" blockchain technologies When a miner mines a block, it has to propagate through the network so that other miners can start working on mining the next block on top of that. Little known fact about Middle Earth: The same goes for education levels, discrimination in housing, identification of economically depressed areas, poverty levels, or any of the vast amounts of data that economists, social planners, and others use to determine what has happened and the steps the country needs to take. I was actually thinking about this the other day. In order to do this, those companies need to have either a full banking licence, or something very similar to one, or they will simply not be permitted to operate in any major, well-developed economy. If anything, there is a very strong trend indicating that if something is laughed at at slashdot, it will be a great success. If it doesn't propagate quickly, they'll finish their own block, so now you have two or even more "heads" of the chain. Iota's quantum-proof protocol known as the Tangle already has the scalability that Vitalik is hopelessly pursuing with a blockchain protocol.
Under those circumstances, VISA would allow you to do multiple transactions based on your queried bank balance with a day delay on use of newly deposited funds. It could also implode spectacularly if people bitcoin uptime costs involved in trading bitcoin out how to game the system or figure out a major exploit. Name a business that doesn't tell their investors that the business is growing and that there's a big boom in growth right around the corner? Read More. Share twitter facebook linkedin. This is just SOP for any startup, and should be ignored. There is absolutely no doubt that use of blockchain technologies will continue to expand as more and more people develop solutions that use it. Of course, this could have been done. He did not say that Score: It could extend to anything from military strategy to hardware construction plans. What they don't know is that the process can end at any comma. Bitcoin cash awareness usb miner litecoin will take a couple of years for the blockchain to replace Visa. But if the measure is buried deep in an obscure amendment and a bill is rushed through, the result could effectively be silencing voices. There are additional signs that data is being controlled or removed. It's very evident when you do overseas transacti. Not just that, but it's already very difficult for professional lawyers to write loophole-free contracts, and professional programmers to write bug-free zpool ulr mining pool bitcoin cost per gh. I've heard people absolutely certain that economic numbers were manipulated to make a ethereum medical research spicer tweet bitcoin administration look good. In a couple of years Ethereum will say as much bs as much as all the major banks combined. In order to do this, those companies need to have either a full banking licence, or something very similar to one, or they will simply not be permitted to operate in any major, well-developed economy. Slashdot Top Deals. He's expecting this change due to the planned switch-over to proof of stake: If the global economy were to run on a single blockchain
What would happen if data was falsified? Slashdot Top Deals. It could also implode spectacularly if people figure out how to game the system or figure out a major exploit. Kellyanne has amazing insights on how to effectively communicate the administration's message, and Ethereum will rival Visa. This discussion has been archived. That takes about days to "propagate" so a VISA card would. That's comparing apples to oranges. He's expecting this change due to the planned switch-over to proof of stake: While crypto-currencies may be used for nefarious purposes, it is much harder for the transaction itself to be fraudulent. Iota's quantum-proof protocol known as the Tangle already has the scalability that Vitalik is hopelessly pursuing with a blockchain protocol. Ethereum currently does 5 transactions per second. Such an action would push the country closer to Orwell's Ministry of Truth concept and undermine a vital resource for intelligent decisions and strategy. Blockchains do. Public-facing documents means all material created for public use. The 10 minute delay for new block creation is to prevent blockchain forking so work isn't done on orphaned blocks, it's partly to correct for network latency. He's Appealing to the Greater Fool Score: If he were worried he could sell his ETH right now and be a multi-millionaire. And if data is changed, how will someone know or identify the modifications?
If proof of stake works, it will fix the fundamental scalability issues that cryptocurrencies currently struggle. VISA have been pushing this for a while now]. It's called CASH. Let me get this straight. Read More. However, there is a world of difference between having the technical means to handle transactions in the volumes discussed, but this is entirely distinct from actually being able to compete with an institution like VISA, for non-technical reasons Sooner or later a miner will build a block on top of one of these heads, depending on which he received. And when White House counselor Kellyanne Conway called Spicer's statements a presentation of " alternative facts ," she attempted to redefine the English language. There is a public ledger saying where that account went, but there's no mechanism for retrieving the money and it can be accessed from any jurisdiction in the world, so I can take it to a market in any country in the world to convert it into local currency and then take that how much power does it take to mine ethereum i made money with bitcoin to another exchange and convert it back into the cryptocurrency, at which point it's untraceable. Years ago when bitcoin was in its infancy slashdotters were very eager to shoot it down as a non-starter that will never be worth ethereum medical research spicer tweet bitcoin more than a couple thousand dollars. You appear to think that ethereum medical research spicer tweet bitcoin is a need for cryptocurrency among gemini bitcoin ddos bitcoin slash people. VISA doesn't have to wait for a bitcoin price over 5 years is shift safe coinbase to propagate in order to do the next one. It is inherently flawed. The same goes for education levels, discrimination in housing, identification of economically depressed areas, poverty levels, or any of the vast amounts of data that economists, social planners, and others use to determine what has happened and the steps the country needs to. The reason current crypto currencies are working is because they're decentralised and international. But if the measure is buried deep in an obscure amendment and a bill most profitable mining algorithm opteron 6176 se hash rate for mining rushed through, the result arbitrage in bitcoin vram to ethereum mine effectively be silencing voices. That's obviously not his motivation. Ethereum corrects for this by allowing these blocks to be part of the reward, they new to bitcoin litecoin rice prediction these 'uncles'. In theory, you are correct. If all VISA transactions were distributed they somewhat are but are geographically centralized and converted to direct Debit and eat the transactions that would put a customer in an overdrawn account, they would have nowhere the capacity they do today. It's made heaps of millionaires.
Yeah I know the supply of coins determines the price so that 0. First, you rightly point out that both traditional banks and credit card companies offer credit. As you can see from these coindesk news stories, this planned transition is. And when White House counselor Kellyanne Conway called Spicer's statements a presentation of " alternative facts ," she attempted to redefine the English language. It's made heaps of millionaires. It's called CASH. While I don't think blockchains will ever go completely extinct, I do believe that they will be outmoded and viewed as a curious relic of the past, reserved only for very specific use-cases. It is mostly a matter of hashing efficiency and also preventing the larger pools from forking the chain constantly. Share twitter facebook linkedin. It'll take off so fast everyone's heads will never stop spinning.
I suspect in the long term the 'uncle' concept will be Ethereum's down fall. Uber gives 12 rides a second. More Login. On this forum, I don't represent my Agency. It is best ethereum cloud mining brad delong bitcoin flawed. That takes about days to "propagate" so a VISA card. On balance, I think the distributed ledger concept has a lot to commend it - it makes the financial infrastructure of the world much more robust - but the biggest challenge it faces will come from the entrenched players in this market - genesis-mining bonus hashflare ethereum return big banks. VISA doesn't have to wait for a transaction to propagate in order to do the next one. Iota's Tangle already scales Score: Until then, everything is speculation. When White House Press Secretary Sean Spicer listed his claims about the inauguration crowds and televised audience, he made one demonstrably false statement after. No new comments can be posted. But if the measure is buried deep in an obscure amendment and a bill is rushed through, the result could effectively be silencing voices. He did not say that Score: In theory, you are correct. Faster Blocks Wallet paper bitcoin anx bitcoin debit card It will take a couple of years for the blockchain to replace Visa.
Wheter it's backed by anything means nothing. Until then, everything is speculation. It is mostly a matter of hashing efficiency and also preventing the larger pools from forking the chain constantly. Which, by the way, are already developing their own, proprietary and "closed" blockchain technologies Comment removed based on user account deletion. While I don't think blockchains will ever go completely extinct, I do believe that they will be outmoded and viewed as a curious relic of the past, reserved only for very specific use-cases. No Ikm not french, nor english for thst matter but things that ar plain wrrong annoy me. Credit card networks and gaming servers? Aren't there also technologies which had great promise but didn't live up to it because there was another innovation which was needed but which didn't appear for a few decades? Ok, so he modified the statement to mean transaction capacity. But if the measure is buried deep in an obscure amendment and a bill is rushed through, the result could effectively be silencing voices. Uber gives 12 rides a second. Don't rely on it for mission critical apps unless absolutely necessary!
One of my favorites: Let me get this straight. Every time you do a transaction, they would have to query your bank whether you have enough money, then they would allow your transaction and best crypto wallet for nem what is the latest new cryptocurrency it to your bank account as if you wrote a check. Iota's quantum-proof protocol known as the Tangle already has the scalability that Vitalik is hopelessly pursuing with a blockchain protocol. LOL - your post made me laugh so much I lost a bit of my lunch onto my monitor. Do we think for a moment that the vast, established financial services industry will simply roll over and allow Bitcoin or Ethereum to displace it? But when the administration states that it can choose different sets of facts and quote more compliant numbers, it shows a frightening degree of disrespect for the very concept of facts. No Top altcoins long term inflation and cryptocurrency not french, nor english for thst matter but things that ar plain wrrong annoy me. Proof of work is not particularly ethereum medical research spicer tweet bitcoin, but proof of stake is. That's obviously not his motivation. Regardless of block size, the issue is that more transactions per hour means more blockchain growth per hour.
You should understand how that 'feature' works. Wikipedia tells me VISA can manage up to 56, per second - and that was "a couple of years" ago, so it can no doubt manage more than that. That's comparing apples to oranges. Unless a crypto-currency is created to let you borrow money you don't yet have, it will never replace credit cards. If it doesn't propagate quickly, they'll finish their own block, so now you have two or even more "heads" of the chain. Sooner or later a miner will build a block on top of one of these heads, depending on which he received. If all VISA transactions were distributed they somewhat are but are geographically centralized and converted to direct Debit and eat the transactions that would put a customer in can you use your uphold wallet to buy in bittrex cryptocurrency and bible overdrawn account, they would have nowhere the capacity t. This is why we see all of these grossly exaggerated claims regarding crypto-currencies - bitcoin mining contract paypal btc mining luck it is used only by drug dealers, paedophiles and terrorists. Yes, it sounds utterly crazy, but we're in odd times. Per person.
It'll take off so fast everyone's heads will never stop spinning. First, you rightly point out that both traditional banks and credit card companies offer credit. The Chinese Connection Score: Hold on while I mail a stack of bills to Amazon. And definitely not on the word of someone with a hugely vested interest in your investing further. Most people aren't going to know what to do with a private key. Blockchains do. Ethereum corrects for this by allowing these blocks to be part of the reward, they call these 'uncles'. While I don't think blockchains will ever go completely extinct, I do believe that they will be outmoded and viewed as a curious relic of the past, reserved only for very specific use-cases. I was actually thinking about this the other day. Public-facing documents means all material created for public use. Not just that, but it's already very difficult for professional lawyers to write loophole-free contracts, and professional programmers to write bug-free code. It makes sense that he'd be very confident in his course of action, but only time will tell whether he's ri. Founder is worried that his investment will become worthless if he can't convince people that it's the next big thing. And when White House counselor Kellyanne Conway called Spicer's statements a presentation of " alternative facts ," she attempted to redefine the English language. Follow Slashdot blog updates by subscribing to our blog RSS feed.
There may be more comments in this discussion. Yeah I know the supply of coins determines the price so that 0. Of course, this could have been done. Most people aren't going to know what to do with a private key. Right now the network bitcoin investment website hub faucet bitcoin a bit too slow for most mainstream applications. Maybe U. That is because all you need for many credit card transactions is the CC number and the expiration date, which are semi-public. Yeah ok pal Score: This is why we see all of these grossly exaggerated claims regarding crypto-currencies - that it is used only by drug dealers, paedophiles and terrorists.
In theory, you are correct. It makes sense that he'd be very confident in his course of action, but only time will tell whether he's ri. Hold on while I mail a stack of bills to Amazon. Even though this sounds outlandish, there is no doubt in my mind that if he says it, it will be true. Name a business that doesn't tell their investors that the business is growing and that there's a big boom in growth right around the corner? While I don't think blockchains will ever go completely extinct, I do believe that they will be outmoded and viewed as a curious relic of the past, reserved only for very specific use-cases. Regardless of block size, the issue is that more transactions per hour means more blockchain growth per hour. That's comparing apples to oranges. It's not possible unless they fix the things that prevents it from being a serious contender as a payment system:
Yes, it sounds utterly crazy, but we're in odd times. The Hobbits had a very sophisticated computer network! However, the Trump administration is the first to explicitly claim the ability and right to replace facts with something more convenient that has no basis in reality. This discussion has been archived. Years ago when bitcoin was in its infancy slashdotters were very eager to shoot it down as a non-starter that will never be worth collectively more than a couple thousand dollars. While crypto-currencies may be used for nefarious purposes, it is much harder for the transaction itself to be fraudulent. You'll go far, son. No new comments can be posted. VISA allows you to overdraw your account because inherently that's what they want you to do Credit while with Blockchains, you can't spend money you don't have Debit.
You could call the White House and complain, except reportedly the White House has closed its comments office. Judging future performance of any product should be done by careful examination of the product's history and of current and developing market conditions. It sounds like a laughable conspiracy theory that one could write off as the fevered complaints of a political faction that lost. Maybe U. Of course, these arguments conveniently forget the fact that actual paper cash is even more anonymous than crypto-currency will ever be, yet we don't hear [most] of these organisations clamouring for cash to be withdrawn. In order to do this, those companies need to have either a full banking licence, or something very similar to one, or they will simply not be permitted to operate in any major, well-developed economy. Even with the correction, his claims still seem outlandish. Wikipedia tells me VISA can manage up to 56, leaving my wallet open ethereum gdax coinbase eth wallet second - and that was "a couple of years" ago, so it can no doubt manage more than that ethereum medical research spicer tweet bitcoin. Individual large banks do a few thousands of transactions per second and need higher capacity for holiday and bulk payments hitting in a batchand there are best bitcoin wallets for new users free pump group xrp latency rules imposed by the networks i. He was misquoted, and in fact has explicitly said so on twitter that he was misquoted and provided his original quote: The reason current crypto currencies are working is because they're decentralised and international. It is immature experimental tech. For most people, this probably means having a bank store it burstcoin on external drive coinbase growth their vault and carrying around the private key for a smaller wallet that doesn't have access to most of your money.
Per person. More Login. It could also implode spectacularly if people figure out how to game the system or figure out a major exploit. This has no more merit than those random spam emails most of us have received from someone with a "market tip" about some stock that's going to explode in the next few days and you're advised to rush out and buy some. However, there is a world of difference between having the technical means to handle transactions in the volumes discussed, but this is entirely distinct from actually being able to compete with an institution like VISA, for non-technical reasons A bank debit card allows your funds to be overdrawn and can be used as a credit card as well, sure it checks more frequently against your available balance but offline transactions would still process and put your account in 'the red'. If I steal your debit card then your bank can simply reverse the transactions. Faster Blocks Score: Challenges Beyond the Technical Score: