Wood is not dense enough for this to be cost effective.
If a woodpile isn't dense enough, then surely building homes and furniture out of wood isn't dense enough either.
Can you think of a better way to store carbon!
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milcron commented on Robotic 'trees' can turn CO2 into concrete engadget.com/2018/09/11/r... · Posted by u/rbanffy
Whats odd is calling a application "not secure" because it uses the platform's software distribution channel.
Here's a thought. If you are so concerned about the NSA that you think Google's cloud is a problem, why are you running the OS developed by Google?
The open-source base OS is fine, the closed-source services layer and cloud platform are not.
milcron commented on Power Worth Less Than Zero Spreads as Green Energy Floods the Grid bloomberg.com/news/articl... · Posted by u/bumholio
> It’s left the utilities complaining that they can’t earn the returns they expected for their investment in generation capacity.
Good. That's a well functioning market economy. Those who make poor investment choices need to feel the sting of losses else the market fails to work correctly.
Electricity isn't a great market. End-users with solar power are allowed to use the grid as a perfectly free battery, which is why everyone is dumping power on the grid at high noon.
milcron commented on Power Worth Less Than Zero Spreads as Green Energy Floods the Grid bloomberg.com/news/articl... · Posted by u/bumholio
milcron commented on Coinbase Custody is exploring a range of new assets blog.coinbase.com/coinbas... · Posted by u/wyldfire
I see you downvoted my comment, but I think you do not understand the practical issues: there is a limit to the divisibility of Bitcoin : 1 Satoshi, or 0.00000001 which is easier to write as 1x10^-8
In Bitcoin, Dogecoin is priced in almost the smallest fraction you can divide a Bitcoin in: about 39 Satoshis, or 3.9x10^-7 BTC
You can indeed buy fractions of a bitcoin, but no smaller than 1 Satoshi. Even before you reach that hard limit, the issue with transaction costs make small amounts of Bitcoin "dust", that is not economically recoverable if the transaction cost is greater than the amount that could be recovered.
Most exchange are limited by their use of floating point precision: if the price of Bitcoin to another currency changes by less than 1 Satoshi, it will not be reflected in this crypto to Bitcoin price.
So Dogecoin/Bitcoin is more stable than another pair for which this division would be possible, simply because a 2% variation would mean less that a 1 Satoshi (0.02x39=0.78) 0.78<1 so Dogecoin/Bitcoin will not change for fluctuations of less than 2% around its current price.
Even better: there are something like 1.15x10^11 Dogecoins. If you buy in Dogecoins, you can buy things that would cost less than what you can price in Bitcoin.
So for sell/buy, Dogecoin brings you more arithmetic precision.
Simply because it is old (therefore ubiquitous on the exchanges) and also so cheap, I think the issues with floating point gives Dogecoin a bright future!
EDIT: and yes, many exchange seem to be using floating point to deal with monetary values. Maybe for database or frontend optimization? Anyway if you don't believe it, try to place 2 different order with the 2nd one different from the 1st one by 1 Satoshi, then see how it goes if they execute. Or look at their API and see what precision they advertise, and how by pure coincidence it seems to match limits that floating point would impose!
1 Satoshi is currently worth $0.000069, and transactions are being approved for as low as 2¢. So this isn't currently a big problem.
In the future, bitcoin could be extended to have more digits. Or perhaps this will be dealt with on a second layer. Lightning transactions could deal with sub-satoshi quantities.
milcron commented on Coinbase Custody is exploring a range of new assets blog.coinbase.com/coinbas... · Posted by u/wyldfire
Dogecoin seems to have a great use case due to its cheap price: bringing money in and out of exchanges.
Also, it tends to be very stable against Bitcoin because it priced in Satoshis, and there is only so much rounding up you can do with low amounts.
I do not think Dogecoin was intended for that use, but I see much worse in their list.
>Dogecoin seems to have a great use case due to its cheap price
What does the price per token have to do with anything? You can buy a fraction of a bitcoin, so I don't see how doge has any advantage over BTC here.
milcron commented on Security Begins at the Home Router insights.sei.cmu.edu/sei_... · Posted by u/BillPollak
I'll take this opportunity to ask the community, what is a recommend router?
It's going to be me and my roommate only (with friends and family over) and I would like to get something secure and also reliable (and preferably on the cheaper side)
Any suggestions? I believe we have Cox if that is any factor....
This is quite possibly overkill, but I'm pleased with this setup at home:
Cost | Purpose | What
$109 | Router | PCEngines apu2c2 http://pcengines.ch/apu2c2.htm
$10 | Router Case | http://pcengines.ch/case1d2blku.htm
$17 | Router Storage | http://pcengines.ch/msata16g.htm
$30 | Gigabit Switch | https://www.amazon.com/D-Link-Gigabit-Unmanaged-Desktop-DGS-108/dp/B000BCC0LO/
$80 | Wifi | Ubiquiti Unifi Lite https://www.amazon.com/Ubiquiti-Unifi-Ap-AC-Lite-UAPACLITEUS/dp/B015PR20GY/
Install pfSense on the router, configure the Unifi using Ubiquiti's Java app, and you're done. It's about $250 all together which _is_ more expensive than consumer routers, but IMHO it's worth the superior quality. The APU board is well-documented (PCEngines provides schematics!) and the firmware is based on Coreboot. The processor supports AES acceleration for faster encryption (great if you use VPNs!) PfSense is an enterprise-grade router/firewall with scads of graphs and features. And the Unifi has a great antenna with excellent range. Not to mention this setup leaves you with six spare ethernet ports on the switch.
"concerns about the illiberal, authoritarian communist government of China"
Bright? According to the article, the pencils were painted yellow to symbolize China, because their graphite was sourced from Siberia. (Seems like a stretch, but that's what it says...)
What does brightness have to do with it?
Bright color to stand out, as opposed to dark colors hiding imperfections. Another stretch, perhaps.