homedepotdave
homedepotdave on Hacker News
Posted by
homedepotdave on Thursday October 14, 2021 @02:35PM
from the ask-hn dept.
Does the term "venture-backed company" imply you've raised a Series A or beyond from VCs? Or does it still apply even if you've just raised, e.g., a $2M seed round from a VC? I know the seed rounds don't impact VCs' fund performance metrics as consequentially as their later stage investments do for some reason
+1 for improved search functionality. Was just looking for information today and would have killed for this
Alright yuriniyazov, I’ve been reading for hours about Fedwire but I’m still a bit stumped. To participate directly in Fedwire you need to have a Master account with the Fed, in which case you need to basically be a bank. So they… have a secret subsidiary that’s a bank that has a fed master account? Or somehow a very, very good relationship with their bank such that their bank (which has a master account) proxies the Fedwire transactions for them at cost?
Interesting... I don't know much about Fedwire, I will check it out. Thanks YuriNiyazov!
And yes sorry it's not free, just relatively cheap -- I think it's $200/year and $1 per transaction, which doesn't seem like enough to cover traditional wires.
Really great post from Modern Treasury. They are crushing it.
My only question with this explanation is -- to be a 3rd party service provider, this means they would need a somewhat intense bank integration with 1 side of the ACH, right? The retailers definitely just fill out an ACH release form like [1], and I really think the distributors don't do a heavy bank integration either...
[1] https://burkedist.com/application/files/3314/8823/3226/Burke...
Posted by
homedepotdave on Monday September 13, 2021 @09:42PM
from the self-post dept.
The company's name (no joke) is "Fintech" (fintech.com). They are the major player in processing alcohol-related payments; i.e., alcohol distributor A uploads an invoice for a few kegs retailer B bought, and Fintech processes the payment for them. They process 33M alcohol invoices a year.I can't figure out how they are doing it. They refer everywhere to EFTs which, to my understanding, is...
Posted by
homedepotdave on Monday September 13, 2021 @02:00PM
from the ask-hn dept.
As a deep learning hobbyist, I have a general sense for which GPUs are great and which are awful. But, I'm less familiar with some of the in-the-middle ones, and I'm generally curious what criteria pro researchers use. E.g., never use anything besides X, if you were strapped for cash maybe use Y, etc.Here are the main ones I've come across, but maybe people would say others are relevant...
Posted by
homedepotdave on Sunday September 12, 2021 @05:58PM
from the ask-hn dept.
I'm considering pursuing a marketplace business idea that would involve facilitating ACH payments directly from customer A to customer B (without my company in the middle). For a few reasons I can't just use Stripe/Dwolla/etc.There's some good info online about this (see Gusto's helpful post [1]) but for the first step of partnering with a bank, they all basically just say "You have to find a...
Out of curiosity, how fast are your inferences with this setup?
This is awesome Kindiana! Two quick questions.
1) GPU: Any tips for converting this to run on GPUs (inference-only)?
2) Speed: Any advice for achieving faster speeds? 10-13s is a bit tough for commercial applications. And, would you expect a big performance hit as well from running on GPUs?
They would need to make this the default if they want it to work at all.
Honestly, I'm quite surprised by how much people here seem to think it's biological. It seems to me there is no way society's slight move toward encouraging gender-neutral playing isn't still strongly offset by the pervasive culture of machismo and femininity. The second your boy steps foot into school, if he's wearing something pink or playing with a doll, other boys will make fun of him. A single incident like that is a plenty strong incentive to stick with same-gendered toys.
In a way, don’t humans too?
Is there evidence of this? This is not what I would guess the greatest barrier is to virtual healthcare
The porn industry is about to be reinvented
“The total energy required to maintain a secure and stable fiat currency is likely orders of magnitude greater than that of Bitcoin today.”
No way. You hear this argument all the time — that fiat currency also uses tons of energy - but I just don’t think it’s true (relative to the amount of transaction throughout, and also in absolute terms). Bitcoin mining uses something like 0.5-0.6% of global electricity consumption for a tiny, tiny fraction of (purely speculative, not economically meaningful) transactions. What % do you think fiat uses?
Haha, I'd rather have that problem than mine! If you are looking for someone to help, I'd be curious to hear about the idea. You could email me at
[email protected]
I assume you're in this industry? If you'd be potentially interested in partnering, I'd be interested in learning more. You could shoot me an email at
[email protected]
Interesting, what kind of phrasing do you look for in newspaper articles? I can't think of many times an article has made me think, this is a big opportunity, but I probably need to read between the lines more to get to that conclusion.
Would be very curious to see, if you don't mind sending. I made this email address: [email protected]. Industry-wise, I guess Tech, FinTech, AI, SaaS/Software, etc.
Posted by
homedepotdave on Friday May 07, 2021 @01:50PM
from the ask-hn dept.
If you're like me, you've wasted hours searching online for startup ideas. You've read dozens of 'Top 30 startup ideas for 2021' articles which all say vaguely that 'crypto' and 'fintech' are ideas you should pursue. Maybe you've perused r/Startup_Ideas but were overwhelmed by random people's musings about dog social networks. You've likely read pg's essays on the topic, but trying to be...
Posted by
homedepotdave on Friday April 30, 2021 @12:43PM
from the rarible.com dept.
Ok -- sorry -- sure. This hack may trick some people and that sucks. I too am generally skeptical of the NFT world.
But if you just use the general rule of only buying NFTs that are minted to smart code with published code, that basically solves this problem.
Also worth mentioning that two weeks ago this guy -- before posting all this BS -- first tried to sell this fake for 369,122 ETH lol.
https://rarible.com/token/0x5fbbacf00ef20193a301a5ba20acf047...
When I push a smart contract to the blockchain, it's in bytecode format -- impossible to read. There are some tools that try to decompile the bytecode back to the (readable) source code, but most I've seen aren't great.
Take Rarible's smart contract: https://etherscan.io/address/0xd07dc4262bcdbf85190c01c996b4c...
They published the actual code on Etherscan, so when you click "Contract" you can see the Solidity code. Etherscan compiles this Solidity code to confirm it matches the bytecode exactly. It also allows normal people to review the code.
Compare that to the smart contract this 'banksy of nfts' published: https://etherscan.io/address/0x5FBbACf00ef20193a301a5BA20acf...
You can't review the Solidity code, all there is is bytecode.
Basically, you shouldn't buy an NFT that hasn't published the source code of its smart contract because you have NO idea what you are getting.
This isn’t a big deal. This guy just created his own smart contract with a special code snippet that, after he mints an NFT to beeple’s address, allows his address to still transfer it to another address (himself). On Rarible/etc this then makes it appear that Beeple minted it and then transferred it to him.
This is why you need to publish the code for NFT smart contracts... which pretty much everyone does, which makes real NFTs auditable and secure (enough). He wouldn’t be able to mint a duplicate NFT from the same smart contract Beeple originally used.
Lol, self-proclaimed “banksy of NFTs”, come on