oleganza

oleganza:

I’m happy to publish a draft of my innovative scheme that enables blind signatures compatible with Bitcoin transactions. Primary motivation is secure storage for bitcoins. You can lock your funds with multiple friends/custodians (in a M-of-N multisignature transaction) and ask them to unlock your…

Alex Payne, on how Bitcoin is viewed by the technology industry at large:

Most charitably, Bitcoin is regarded as a flawed but nonetheless worthwhile experiment, one that has unfortunately attracted outsized attention and investment before correcting any number of glaring security issues.

To those less kind, Bitcoin has become synonymous with everything wrong with Silicon Valley: a marriage of dubious technology and questionable economics wrapped up in a crypto-libertarian political agenda that smacks of nerds-do-it-better paternalism. With its influx of finance mercenaries, the Bitcoin community is a grim illustration of greed running roughshod over meaningful progress.

Far from a “breakthrough,” Bitcoin is viewed by many technologists as an intellectual sinkhole. A person’s sincere interest in Bitcoin is evidence that they are disconnected from the financial problems most people face while lacking a fundamental understanding of the role and function of central banking. The only thing “profound” about Bitcoin is its community’s near-total obliviousness to reality.

The 2014 Edge question …

Science advances by discovering new things and developing new ideas. Few truly new ideas are developed without abandoning old ones first. As theoretical physicist Max Planck (1858-1947) noted, “A new scientific truth does not triumph by convincing its opponents and making them see the light, but rather because its opponents eventually die, and a new generation grows up that is familiar with it.” In other words, science advances by a series of funerals. Why wait that long?

Ideas change, and the times we live in change. Perhaps the biggest change today is the rate of change. What established scientific idea is ready to be moved aside so that science can advance?

staff
staff:

You can now take extra precaution against hackers and snoops by enabling SSL security on your Tumblr Dashboard. Just head over to your Account Settings and flip the switch.
"Any reason I shouldn’t do this?" Nope, not really. It doesn’t change anything about the dashboard, it just encrypts your connection to it. We’ve been using it for weeks and haven’t even noticed. So, yeah, turn it on and forget about it. Easy.

staff:

You can now take extra precaution against hackers and snoops by enabling SSL security on your Tumblr Dashboard. Just head over to your Account Settings and flip the switch.

"Any reason I shouldn’t do this?" Nope, not really. It doesn’t change anything about the dashboard, it just encrypts your connection to it. We’ve been using it for weeks and haven’t even noticed. So, yeah, turn it on and forget about it. Easy.