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- Stablecoins Based on Proof Of WorkJun 1, 2021
That's a good point. Stability or pseudo-stability of decentralised coin can come only with wide adoption and network effect. You need to solve blockchain scalability problem, first. Stability can come as a bonus, as a…
- Stablecoins Based on Proof Of WorkMay 31, 2021
From your perspective, what networks, solutions and proposals are the closest to your vision? What is your prior art? What makes your proposal stand out?
- Stablecoins Based on Proof Of WorkMay 26, 2021
Hello Scott. Welcome to Bitcointalk. I think ordinary people and ordinary regulators have built a very strong association between the word "stablecoin" and centralised, oracle-based, collateralised digital securities…
Well, if it is centralised, then central authority effectively controls all supply no matter what. Does it really matter whether anyone can create tokens? In this situation, there is no true ownership, no true…
- Arbitrum locks $71M in Ether due to Kelp exploitDec 30, 2018
Arbitrum has never been decentralised. About 10 years ago or so, emerging "web3 community" has drawn an equality sign between Bitcoin, Bitcoin-like networks and various Proof-of-Authority systems. ICO money has been…
- Better Way to Measure Proof-of-Work via EntropyAug 31, 2018
I is finite, so it's a discrete probability space. The elementary event in this probability space is "hash h, h in 2^I, has been generated". The probability of every elementary event is 2^-I regardless of what hash h…
- Better Way to Measure Proof-of-Work via EntropyAug 30, 2018
Hold on. The first lesson in Probability Theory class is the following. Whenever you approach a problem, the first thing you should do is to define a probability space. If the probability space is not defined, then all…
- Better Way to Measure Proof-of-Work via EntropyAug 30, 2018
In your opinion, what definition of "entropy" does the author use through out the paper?
- Better Way to Measure Proof-of-Work via EntropyAug 29, 2018
There is no "mistake in probability theory". Don't distort my message, please. What is your personal opinion about this paper? Do you think it is correct?
- Better Way to Measure Proof-of-Work via EntropyAug 28, 2018
Quote them here, please.
- Better Way to Measure Proof-of-Work via EntropyAug 27, 2018
No, it's not. The author has made a very common mistake. This mistake is a consequence of a superficial understanding of probability theory. Satoshi has made a good job and his calculation of the chain weight is…