JasoonS | 5 years ago | on: Blackballed by PayPal, Sci-Hub switches to Bitcoin
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JasoonS | 5 years ago | on: Reason React 0.8
JasoonS | 7 years ago | on: Choose Firefox Now, or Later You Won't Get a Choice (2014)
Tree tabs then makes its super convenient to navigate between these worlds.
JasoonS | 8 years ago | on: Ethereum from scratch – Part 1: Ping
[1] https://media.consensys.net/an-introduction-to-lll-for-ether...
JasoonS | 8 years ago | on: Ethereum from scratch – Part 1: Ping
JasoonS | 8 years ago | on: Ethereum from scratch – Part 1: Ping
The (non-fintec) example I often hear about often is a voting system. (See: https://github.com/stonecoldpat/anonymousvoting , here zk-snarks algorithm is introduced to ensure privacy)
Essentially anything that requires co-ordination between parties that don't trust each other over a piece of data (a balance of money, the tally of a ballot) is a perfect use case for smart contracts. But since there is cost to running it on these secure networks it is important that they remain O(1) or at most O(n) time complexity, which for these kinds of applications is often totally enough. (eg. if (the message is signed by the 'owner') { send the funds } else { throw })
JasoonS | 8 years ago | on: What Is Ethereum?
JasoonS | 8 years ago | on: What Is Ethereum?
JasoonS | 8 years ago | on: What Is Ethereum?
Clearly you haven't done enough research. Have you looked at the ethereum token (ERC20: https://theethereum.wiki/w/index.php/ERC20_Token_Standard) launch contracts? They raise large amounts of money (its actually scary!) and securely and transparently tokens are distributed to participants. These tokens can then represent anything (really anything) from stock (blockchain capital etc), to voting rights in the organisation (districtOx), to a utility token (golem, basic attention token) to allow use for what ever protocol is being developed.
There already are private secure voting systems being researched. Here for example: https://github.com/stonecoldpat/anonymousvoting ZK-snarks is used to ensure privacy.
You can see some of the other applications here: https://dapps.ethercasts.com/ (most of these are just fun ideas, but you don't have to look far to see the potential in them).
There is real utility to Ethereum, it is just very very young as a technology, and all the issues of scalability etc are a work in progress. But if you want to use the trust-less and secure computational power to execute your code (smart contract) you need to buy Ether first. Is that a Ponzi? I think you are unfairly grouping ethereum in the same category as a large number coins that very much are ponzis.
JasoonS | 9 years ago | on: Ask HN: What is your favorite YouTube channel for developers?
Also you can use tornado.cash for example over Tor. Or any dapp via something like metamask (or another wallet) over Tor.