2022.01.26 12:10 OneBigBoi509 This album cover looks like there's cracks on your screen
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2022.01.26 12:10 13rod13 If anyones looking for a hotel room hmu. I got a room at the Excalibur and Im going solo. 3 beds and a pullout sofa. If anyone wants to save some money and split it, I’m down. Only rules is no stealing or killing me in my sleep.
2022.01.26 12:10 Lyfenoob The price of not preparing
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2022.01.26 12:10 blackklause Why did my pics come out like this. I am new to amalog photography. I shot with iso 800 kodak film. Both of these are shot with the same film.
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2022.01.26 12:10 _GreenNorth Rihanna pledges $15 million to climate justice movement
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2022.01.26 12:10 AcanthisittaBusy457 For The Lolz
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2022.01.26 12:10 mental22 The New Jerusalem - Sam has to reach the new heaven to call the gods aka Annunaki so they can help him destroy mental.
|submitted by mental22 to SeriousSam [link] [comments]|
2022.01.26 12:10 chrisor97 [PS4] Little Big Planet 3 - PlayStation HITS - PlayStation 4 is $11.20
2022.01.26 12:10 BigBangFlash I see Algorand as more decentralized than Ethereum and Bitcoin.
Oh crap, you're actually here reading and not just downvoting, great! You're probably thinking "Jesus Christ, this is gonna be train wreck. What kind of idiot says that kind of thing about kings Bitcoin and Ethereum."
Well since I have your attention, let me first explain how to define decentralization.
Decentralization according to wikipedia (and some common sense) : The process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.
Alright, so decentralization means that there isn't one single entity or a very small subset of a population deciding for the larger population. Basically, the opposite of a government where power is somewhat centralized to a few individuals. Everyboy has a voice, everybody is equal in the eyes of the people, nobody rules over anybody else.
This idea of decision making is the most important part to take away from this. Some people associate the number of wallets on a network to its decentralization for instance which is wrong. "No wallet has more than 2% of total bitcoins, which means it's decentralized compared to Doge where one wallet has 23%" or something like that. But what they fail to understand is : wallets have no actual impact on the network, its security or its decentralization. And considering people can just create new wallets and divide their assets into multiple ones, this stat is kinda worthless. This way of thinking does have an impact if you see blockchain technology as just another stock on the stock exchange though. Which is what people here are doing even though they lie to themselves and say they're here for the technology, but that's another issue altogether, let's not get into that right now.
So, how does decentralization apply to crypto currencies? It's simple, the decision making and planning applies to consensus. Whoever finds/mines the right answer has the right to decide on the next block, as long as consensus is achieved with over 51% of the network once the answer is public. On paper it's awesome. The little guys can use their idle cpus/gpus/hdds to help secure transactions between other little guys. Technology for the people! In theory...
In practice, well, let's have a look at some mining pool stats!
Bitcoin mining pool stats
5 entities control 69.7% of bitcoin hashrate.
Ethereum mining pool stats
5 entities control 66% of the network, a bit less than bitcoin but not much better.
I would love if people in the comments could explain to me how this is decentralized. These 5 entities on each blockchain basically decide what goes and what doesn't. They could collude and create transactions from thin air, or block other transactions they don't want. As long as they agree on what the next block is, they basically control the network.
This is probably the only thing Satoshi got wrong with Bitcoin : incentive. Monetary incentive breeds centralization. Simple as that.
Alright, I'll take my downvote now for insulting the "closer to god than man" Satoshi Nakamoto himself. You can downvote me, call me a crack pot and say "what a fucking idiot, Nakamoto was perfect in every way and nothing he devised in his masterpiece could have been wrong." But if you keep reading, I might hopefully change your mind. Or at least create some interesting discussion in the comments.
Let's look as some pool stats for Algorand.
Oh wait, there isn't any! Anybody in the network can start participating in consensus with a standard node, which can run on a raspberry pi. But there isn't any monetary incentive, which begs the question "why would anybody participate?" which is a fair question. Algorand's brilliant incentive is in strictly keeping the network safe. That's it. You help decentralize, you help keep the network secure. There might not be any monetary incentive, but if you're a defi platform on Algorand, you have an incentive on protecting the network and your investment. Or if you're interested in the project and you want to learn something and help, you can start a node. This is how it should be. This is how we get to a truly decentralized system. If you have 1 Algo, you can participate to help protect AND decentralize the network. If you have GPU on another PoW blockchain, you can "technically" help in securing the network, but these guys almost never mine any block. And when they do, it actually makes the news on this subreddit, can you believe it! How is this decentralized?
In the last 4 days according to https://www.blockchain.com/charts/pools (https://imgur.com/a/AkTdXD4), there has been 207 unique miners of bitcoin blocks.
In the last 7 days according to https://metrics.algorand.org/ , there has been 394 unique voters on the Algorand blockchain. I know I'm comparing 7 days with 4 days, I'm not trying to trick you, but I didn't find a metric anywhere for bitcoin 7 days. But if you could compile a list of bitcoin blocks, I highly doubt it'd go much higher than 250 unique miners for bitcoin, much less than the 394 for Algorand. Please prove me wrong!
Algorand's "incentive" solution is a huge part of what separates them from other blockchains.
I already see a few questions coming up, and if other interesting questions come up in the comments, I'll add them here. (if this post doesn't get downvoted to oblivion with 5 seconds)
1 . Algorand inc. and early investors have a huge stake in Algos, how is this decentralized?
2022.01.26 12:10 BuckRuck74 Small but mighty—the Hidden Canyon in S90V is my only food prep knife.
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2022.01.26 12:10 Calaveradesing6 Sanji. Me 2022. Digital
2022.01.26 12:10 lonk06 Idk why everyone is worried about ww3 Biden doesn't have the balls to go to war with Russia
2022.01.26 12:10 iampupsii Did Uber in UK lower the rates?
I just completed a delivery, which comes out as 1.9miles, in reality it was 2.4 from the shop to the address. They paid me 3.88£ which seemed shockingly low for more than 2 miles but when I opened the app it says 1.9🥲😐. It’s honestly so discouraging.
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2022.01.26 12:10 ThrowawayOfAGhost78 The power of music
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2022.01.26 12:10 workinguntil65oridie Bank of Canada maintains policy rate at current record low 0.25% removes exceptional forward guidance. 🚀💰
|submitted by workinguntil65oridie to wallstreetbets [link] [comments]|
2022.01.26 12:10 Alone_East_522 Check out this guys channel if u like cod and fortnite..
|submitted by Alone_East_522 to Youtubeviews [link] [comments]|
2022.01.26 12:10 blueseawholelife Mega Aerodactyl on me, add first 5-10, 1590 6891 8588, Need most level 40 and higher to work, thanks 😍
2022.01.26 12:10 HentaiUwu_6969 Emails suggest Boris Johnson authorised Afghan animal rescue despite denials
2022.01.26 12:10 TheRumpledOne 20220126 TRO TRADING PROBLEM SOLVING PART 11 #TheRumpledOne #MT4 #forex #trading #drainthebanks #orderblocks #advancedalientrading #TRO #SmartMoney #TechnicalAnalysis
|submitted by TheRumpledOne to NeverLoseAgain [link] [comments]|
2022.01.26 12:10 Oph1d1an What's in the digests?
Hi, all. I just recently got into Archie comics (~a week ago). I used to read Archie digests as a kid in the 90s but had forgotten about them. I was in line at the grocery store checkout the other day and looked up and saw a digest there and something possessed me to grab it. And now I'm hooked. As crazy as life has been over the past ~2 years it's great to have something so unapologetically wholesome to escape to.
Anyway, I've picked up several digests that were published in the last year or so and I notice they don't really tell you when the individual stories were created. Is there any rhyme or reason to how these digests pull in more recent stories vs. older stories? How much of the material in them is new and how much is older stuff? Is there a difference between the different lines (e.g. Betty and Veronica vs. World of Betty and Veronica)? It doesn't really matter--I'm happy to read whatever--I'm just trying to orient myself and haven't been able to find a detailed explanation anywhere. Any help appreciated.
submitted by Oph1d1an to archiecomics [link] [comments]
2022.01.26 12:10 chrisor97 [PS4] Subnautica Below Zero PS4 - PlayStation 4 is $17.47
2022.01.26 12:10 HereComesBrownBoi Easy senior math/stats electives?
I’m a WLU only BBA/FinMath dd but I need to take four senior math courses next term to graduate, Laurier’s only offering three. Thinking of cross registering at UW for one more course, so I was wondering if you guys know of any relatively easier senior (300/400 level) math or stats courses that translate into Laurier credits? I’m not doing any specific specialization so the actual course content is not too important, but if it helps some of the courses I’ve already done / will be doing include: stochastic calc, stochastic processes, methods in applied math, partial differential equations, regression analysis. Appreciate any advice!
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2022.01.26 12:10 fredhaha my contribution
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2022.01.26 12:10 wetastelikejesus "Fuck you and fuck your food"!
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2022.01.26 12:10 Accomplished-Ad3283 Is TIAA Real Estate (QREARX) halal to invest in?
My employer makes it compulsory to have a retirement account in TIAA. Although i can select where to invest the money, Im not sure what the halal options are. As of now I have selected the real estate account - does anyone have any idea if this falls within the halal criteria
I have very limited knowledge about this. Any help is appreciated!!
Thanks in Advance
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