News for hackers. Stuff that matters.

0_o

Re:Bitcoin has little shot at ever being a major global currency on Wednesday January 10, 2018 @08:44PM (#16120862)
Its the first way to have a trustless, digital cash system as opposed to a digital payment system. In a payment system, people essentially exchange IOU's. Like writing a "good for $x note" or cheque. Payments always incur counter party risk, and thus can only happen among users who trust each other - or they must rely on a trusted third party (bank, paypal, credit card company etc).

Bitcoin allows peer 2 peer cash settlements, where users do not need to trust each other, because there is no counter party risk since they exchange something of value. Think gold, or although that is somewhat confusing, paying with bank notes (bank notes really are IOUs, but issued by a bank or central bank, so when we use them, we consider them valuable because we trust the bank, not the person paying with them). With cash payments, you dont rely on a third party, you dont take on counter party risk, you exchange things that actually have value, that you have to be sure can not be forged. Sounds trivial, but its a really difficult thing to pull off. Even in the real world, its not easy, bank notes can be counterfeit, gold may be fake, etc. In the digital world, its even harder because you also have to make sure each coin can only be spent once (its trivial to copy data). Bitcoin was the first solution to this problem. source: https://np.reddit.com/r/CryptoCurrency/comments/6ufksx/am_i_...

Re:Why Andrew Ng left Google and joined Baidu on Wednesday July 30, 2014 @04:53PM (#8110873)
While Robin Li's wife and kids live in the U.S. ...
Re:Google's robots.txt on Sunday February 23, 2014 @10:44AM (#7286170)
taobao.com has the shortest robots.txt http://www.taobao.com/robots.txt
Re:Has Microsoft Gone Nuts? on Wednesday December 18, 2013 @01:05PM (#6929231)
With Start8 installed, the Windows 8.1 is actually the best Windows OS I have ever used. Looking forward to a native start menu!
Re:Google’s most advanced voice search has arrived on iOS on Tuesday October 30, 2012 @10:50PM (#4720917)
"Sorry, I can't help you with that"
google "goagent", which is free and faster than VPN
Re:Chinese woman jailed over Twitter post on Thursday November 18, 2010 @09:48AM (#1917893)
"re-education through labour" is the literal translation of the Chinese words "laogai"(劳改), which is already in Oxford dictionary. http://en.wikipedia.org/wiki/Laogai
Re:2010 Nobel Prize for Peace Awarded to Liu Xiaobo on Friday October 08, 2010 @07:03AM (#1771213)
Two most well-known Chinese liberals share the same name -Xiaobo, what a coincidence! The other one is Wang Xiaobo, whose name is much more influencial in China.
Re:My grandfather’s iPad on Sunday July 18, 2010 @08:33PM (#1527215)
I wonder what my future grandson can teach me (50 years later).
Re:Why Chinese Is So Damned Hard on Friday May 21, 2010 @07:17PM (#1369280)
I am from China, my advise for western Chinese learners is:don't learn it based on Pinyin which seems helpful at the beginning but leads you to nowhere at all. If you just want to be able to read CHinese books or novels you simply don't have to know how to speak it. Most of the European Chinese experts in the last century were like that. And if you just want to speak it fluently, find a Chinese gf/bf,in two years you can flirt with others in Chinese.
Re:Why I went without hot water for a year on Tuesday May 04, 2010 @12:32PM (#1318511)
I started taking a James Bond shower 6 months ago and have not caught any cold since then - http://artofmanliness.com/2010/01/18/the-james-bond-shower-a...
Re:Minimalism on Thursday December 31, 2009 @10:52AM (#1024421)
The author didn't know how to use it's/its correctly.
The link is blocked by GFW, I think, I can not open it here in China.
Re:The Chinese Language, Ever Evolving on Monday May 04, 2009 @05:56AM (#592177)
Simplified Chinese characters are ugly and ridiculous, I am in China and I prefer to read and write in traditional Chinese.
Re:Dear Reddit, Hacker News... on Friday December 26, 2008 @12:29AM (#409986)
Maddox is much funnier than this dork
Re:Ask YC: What would you tell your younger self? on Saturday November 22, 2008 @05:23AM (#372874)
start coding now!
Fuck Great Firewall !
Re:AskHN: Why are chinese getting good at programming contests? on Sunday September 28, 2008 @12:42PM (#317656)
But websites in China really suck,where are these contest winners?
Re:Ask YC: What do you think of my new search engine? on Saturday September 27, 2008 @12:49AM (#316749)
Incredibly effective and accurate, i can not believe it is all done by one person. It even understands chinese.
Re:HN comment pages need a footer on Thursday September 18, 2008 @11:13AM (#308234)
yeah,visually and aesthetically necessary !
If that link doesn't work for you,click this one http://www.youtube.com/watch?v=i6Fr65PFqfk
Re:Following the crowd on Wednesday September 10, 2008 @11:49AM (#300471)
http://www.cambrianhouse.com/ for those who are interested but lazy

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