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https://codeberg.org/mister_monster

09F911029D74E35BD84156C5635688C0

  • 5 Posts
  • 173 Comments
Joined 2 years ago
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Cake day: June 14th, 2023

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  • The primary reason to not use PoS is simply having an ongoing cost and expense external to the network.

    So when we quantify mining revenue and staking revenue, what we usually do is quantify risk. A miner must make an investment and has an average expected return, their exposure is partly to volatility of bitcoin for example and to energy prices and what not. A staker of ethereum for example doesnt really have this, their risk is only in making mistakes, server downtime, opportunity cost. The slashing rates and things are designed with incentive in mind primarily, and expected risk losses are downstream of those decisions. But we always quantify it in terms of risk, but theres another big side of this: ongoing expense.

    There is a minimal ongoing cost to staking. Make your initial investment, get high uptime on your node, youre good. A miner has an ongoing cost, in energy, in big facilities, in hardware depracation. Additionally, a miner has an ongoing cost external tp the network. This os a very big thing. they have to buy energy, hardware. A staker doesn’t have anything like that, their activity is entirely internal to the network.

    There are major game theoretical implications to these big differences. There are pros and cons, but all in all I and most people, and particularly in the Monero world, think PoW handily wins out.





  • A civil agreement between private parties cannot be under penalty of purjury. A civil penalty could be levied if it is specified in the contract, but I’ve never seen a rent contract that specified a penalty beyond the landlord having the right to break the agreement if they find out.

    Generally speaking, a landlord has an incentive to keep you if you pay on time and don’t damage property, regardless what you lied about.







  • Well, I think tools that allow spontaneous organization are fantastic. The ability to encode an organizational structure would be great. You can formalize institutions and relationships and describe them completely, enable enforcement of any formal agreements automatically, I would love to see that.

    There’s a problem with using technology to distribute resources though. It’s mostly a network topology problem, but also an issue of processing power and lossy information channels. Think of every person as a node on a network doing computation constantly about the optimal distribution of resources. This is a self organizing distributed system, one in which no node knows more than it needs to about it’s needs and resource availability, and makes no computation about the needs of other nodes. This is a system where the outcome, optimal distribution of resources, is an emergent property. An artificial system with a more centralized structure cannot be as efficient because 1) the route between nodes is inefficient because it must traverse the central node, 2) the processing power the central node needs to decide everything is at a minimum as high as all other nodes combined, and 3) the information available to it about needs and availability is noisy and missing important pieces; it is lossy. As a result of these problems, a system in which resource distribution is centrally controlled cannot outcompete a system in which the computation is distributed; essentially, described from a cybernetics viewpoint, a centrally planned economy cannot be more efficient than a market economy. So, designing systems to run an economy is infeasible, this set of problems cannot be overcome with any technology, the only way to do it would be to take humans out of the equation, and humans are the whole point of distributing resources in the first place.






  • I don’t know if I boycott. I refuse to do business with certain companies, if that counts. I suppose that’s what a boycott is.

    • Google, first and foremost
    • Microsoft
    • Meta
    • Apple
    • Visa
    • MasterCard
    • Paypal, including Venmo
    • all banks
    • oil change places
    • all outlet stores

    There’s probably more I’m not thinking of. Generally speaking I use all FOSS software, always buy things used from a person who owns it, don’t buy processed food and cook my own 99% of the time, don’t use chemical products on my skin or in the shower, buy clothes used and use cash for everything. For Amazon, which I do use, I get gift cards.




  • Lemmy.world and sh.itjust.works I’d say are a little left? And exploding-heads, less authoritarian right, more boomer gab people instance with misused meme formats galore, totally unfun. Big R Republicans packed to the brim. Boring as fuck.

    There’s not really a top right corner instance anymore, there used to be one, hosted at nobodyhasthe.biz. Those guys were what you’d expect, N word everywhere everything is about Jews chud memes black sun all of that shit.