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The first successful cryptocurrency will be one that is pegged to the dollar
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Date: March 26th, 2017 2:34 PM Author: lake boyish parlour gay wizard Nobody but black market criminals will use this other shit that fluctuates in value by incredible amounts. Ljl at ETHtards thinking theyve found the next big thing (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921295) |
Date: March 26th, 2017 2:36 PM Author: cordovan sexy fortuitous meteor corner (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921311) |
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Date: March 26th, 2017 2:37 PM Author: Floppy Sanctuary Tattoo Huh, i'm actually curious how a cryptocurrency dollar peg would work (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921323) |
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Date: March 26th, 2017 2:38 PM Author: green low-t institution perhaps someone could build such a token on the ethereum platform (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921328) |
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Date: March 26th, 2017 2:38 PM Author: Floppy Sanctuary Tattoo apparently this is dollar pegged:
https://en.wikipedia.org/wiki/NuBits |
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Date: March 26th, 2017 2:47 PM Author: lake boyish parlour gay wizard Seems like forex bros could make a killing on this (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921390) |
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Date: March 26th, 2017 2:39 PM Author: Coiffed tanning salon wrinkle I think you're kinda correct, but do you understand what differentiates ethereum from other types of cryptocurrency? The ability to develop apps on top of the blockchain is a pretty powerful concept. (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921341) |
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Date: March 26th, 2017 2:42 PM Author: lake boyish parlour gay wizard Every form of cryptography is eventually broken, it would be insane to use public blockchains for anything vital (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921355) |
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Date: March 26th, 2017 2:51 PM Author: Nighttime ticket booth This isn't really true. even very old block ciphers like DES are only broken in a practical sense because of small key lengths. The non-bruteforce attacks are mostly academic curiosities that don't compromise the ciphers in practice. I doubt 128 bit AES will ever be broken by humans in a situation where it is being used correctly.
It is pretty clear at this point that scalable quantum computers will be a reality in a few years though, which will require public key cryptography to be rethought. |
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Date: March 26th, 2017 2:54 PM Author: lake boyish parlour gay wizard People thought the Vigenere cipher was unbreakable for 300 years
SHA was just broken via collision attack, and computers are only getting more powerful |
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Date: March 26th, 2017 3:07 PM Author: Coiffed tanning salon wrinkle IBM and other companies are developing private blockchains.
Public blockchains would still be valuable in lots of areas. I think it would dramatically improve the UCC filing process, for instance. |
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Date: March 26th, 2017 2:45 PM Author: Heady rehab goal in life Do you think they will actually translate to proof of stake? (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921375) |
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Date: March 26th, 2017 3:09 PM Author: Coiffed tanning salon wrinkle I'm not sure, to be honest. I'm a believer in the blockchain and smart contract as concepts, but I'm essentially an ethereum agnostic at this point. The idea that large financial institutions are going to buy into using some completely unregulated cryptocurrency seems far-fetched to me. (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921531) |
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Date: March 26th, 2017 3:11 PM Author: lake boyish parlour gay wizard (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921544) |
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Date: March 26th, 2017 2:41 PM Author: Aggressive home DIE BOOMER, DIE! (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#32921348) |
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Date: December 5th, 2017 10:37 PM Author: Magenta Range lol (http://www.autoadmit.com/thread.php?thread_id=3564759&forum_id=2#34849226) |