Re:Ask HN: Am I going insane or is there genuinely no value ...
by baby on Sunday April 24, 2022 @09:31AM
(#31143789)
For the curious: https://minaprotocol.com/
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Re:Ask HN: Am I going insane or is there genuinely no value ...
by laverya on Sunday April 24, 2022 @06:46PM
(#31148984)
A 22kb fixed size reads like transparent bullshit to me. Fundamentally you cannot store infinite information within such a block, and "participant X has the right to send Y amount" is information. To me this implies that either there is a limit to the number of participants, that there is information stored off-chain, or that there will be data loss over time - possibly all three.
And the fact that you've mentioned one cryptocurrency to fix the transaction rate issue, and another to fix the blockchain size issue, but not one to fix both issues at the same time, has not escaped me.
Re:Ask HN: Am I going insane or is there genuinely no value ...
by baby on Monday April 25, 2022 @06:04PM
(#31161346)
It's funny how people keep moving the goal post :) read more about it instead of spending 5min on a page and finding negative things to say about it. If you want to hate on the technology for the sake of hating it then you won't go far in life
Re:Ask HN: Am I going insane or is there genuinely no value ...
by laverya on Thursday April 28, 2022 @02:35PM
(#31196412)
If it takes more than 5 minutes to even mention how you're sidestepping some very basic information theory concepts, then it's probably a scam.
And speaking of moving the goalposts... You recommended Sui as a blockchain with "basically unlimited transactions per second", and then recommended Mina when I commented about chain sizes. It sure seems like you have a mutually-exclusive blockchain for each set of goalposts to me.