Kevin Karhan :verified:<p><span class="h-card" translate="no"><a href="https://vmst.io/@maikel" class="u-url mention" rel="nofollow noopener" target="_blank">@<span>maikel</span></a></span> basically, it boils down to the few key features of <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Monero</span></a>:</p><p><code>1.</code> <a href="https://infosec.space/tags/Anonymity" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Anonymity</span></a> & <a href="https://infosec.space/tags/Privacy" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Privacy</span></a>: Unlike with any other <a href="https://infosec.space/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cryptocurrency</span></a> (aka. <a href="https://infosec.space/tags/Shitcoins" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoins</span></a>) it's not just pseudonymous in that there is no mandatory linkage between individuals & their wallets, but the entire transaction history and balance is hidden. Unlike say <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bitcoin</span></a> or <a href="https://infosec.space/tags/Ethereum" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Ethereum</span></a> one cannot track the coins from the moment of mining to their destination.</p><p><code>2.</code> Speed: Monero's network does mine one block every 2 minutes. After 10 blocks any transfered balance gets unlocked for spending. That means that a transfer is completed <em>at worst</em> within 6 minutes and the balance is being unlocked <em>at worst</em> after 24 minutes. This makes it faster than Instant-<a href="https://infosec.space/tags/SEPA" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>SEPA</span></a> which only has a 1 hour SLA.</p><p><code>3.</code> <a href="https://infosec.space/tags/Fungibility" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Fungibility</span></a>: Like <a href="https://infosec.space/tags/cash" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>cash</span></a> all it's coins are equal, since they cannot be tracked. This makes Monero the digital equivalent of cash.</p><p><code>4.</code> <a href="https://infosec.space/tags/Scalability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Scalability</span></a> & <a href="https://infosec.space/tags/Stability" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Stability</span></a>: Monero adaptively self-adjusts block sizes and mining difficulty based upon demand (transactions in it's <code>mempool</code> aka. requested transactions that have to be added to the blockchain) and supply (total blockchain hashrate). Unlike Bitcoin and Ethereum it has a fixed <em>Tail Emission Rate</em> of at least 0,6 <a href="https://infosec.space/tags/XMR" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>XMR</span></a> (Monero) per block, so the miners solving it get at least 0,6 XMR (+ transaction fees), which is a longterm stable rate. Bitcoin and Ethereum will necessitate huge transfer fees once their last coins are mined to make sense, which will result in the crash of said cryptocurrencies as they'll be too expensive to trade!</p><p><code>5.</code> Anti-<a href="https://infosec.space/tags/ASIC" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ASIC</span></a> and focussed on <a href="https://infosec.space/tags/CPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CPU</span></a>|s of general-purpose machines: Whilst it does run on <a href="https://infosec.space/tags/ProofOfWork" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfWork</span></a>, it's specifically designed to run poorly on <a href="https://infosec.space/tags/GPU" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>GPU</span></a>|s and not on <a href="https://infosec.space/tags/ASICs" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ASICs</span></a> as the latter one are not just <em>manufactured <a href="https://infosec.space/tags/eWaste" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>eWaste</span></a></em> but also inherently increase the centralization (with less than a dozen big miners controlling >50% of Bitcoin and Ethereum's hashrate respectably). Thus it's the <em>"least worst"</em> in that regard. <a href="https://infosec.space/tags/ProofOfStake" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>ProofOfStake</span></a> is not possible due to it's privacy-based setup (<a href="https://infosec.space/tags/Staking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Staking</span></a> necessitates a public balance) and unlike a <a href="https://infosec.space/tags/Shitcoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Shitcoin</span></a> like <a href="https://infosec.space/tags/FileCoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FileCoin</span></a> it doesn't incentivize <a href="https://infosec.space/tags/hoarding" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>hoarding</span></a> components. (in this case: <a href="https://infosec.space/tags/HDD" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HDD</span></a>|s)</p><p><code>6.</code> Accepted & Convertable: Whilst there is a concerted effort to ban Monero, there are payment processors like <a href="https://infosec.space/tags/NowPayments" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>NowPayments</span></a> that accept Monero. It's low transaction fees and good speed make it useable in settings like Restaurants and Online Stores (sadly not retail, because it would need to be like 60x faster)... And even then it's easy to convert to/from Shitcoins.</p><p>That's the <a href="https://infosec.space/tags/TLDW" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>TLDW</span></a> of <a href="https://www.youtube.com/watch?v=B7sLnmlZ-kU" rel="nofollow noopener" target="_blank">Whiteboard Crypto</a>, <a href="https://www.youtube.com/watch?v=QrHsFZBab4U" rel="nofollow noopener" target="_blank">Mental Outlaw</a> and <a href="https://www.youtube.com/watch?v=H33ggs7bh8M" rel="nofollow noopener" target="_blank">The Hated One</a>…</p><p>And finally:</p><p><code>7.</code> Monero gets continously developed and enhanced, whereas Bitcoin, <a href="https://infosec.space/tags/Litecoin" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Litecoin</span></a> and Ethereum don't even do <a href="https://www.youtube.com/watch?v=-3BF_mE2e6M" rel="nofollow noopener" target="_blank">proper</a> <a href="https://infosec.space/tags/upgrades" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>upgrades</span></a> via <a href="https://infosec.space/tags/HardForks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>HardForks</span></a> (see <a href="https://infosec.space/tags/EthereumClassic" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>EthereumClassic</span></a>)...</p>
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#Scalability
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#Scalability is a product of a rational and production oriented view of the world, tied to ideas of resource extraction, leverage, and production to get ”more”.
https://www.linkedin.com/posts/fridgren_sorry-love-the-idea-but-it-doesnt-scale-activity-7302011239335927809-rLtx?utm_source=share&utm_medium=member_ios&rcm=ACoAAACmWtEBurVmJxUdnv5QtGB6hgFTyYJNROs
www.linkedin.com”Sorry, love the idea, but it doesn’t scale”
I’ve got three children. And… | Daniel Fridgren | 22 comments”Sorry, love the idea, but it doesn’t scale”
I’ve got three children. And in a way, you could say they are the core of my investment portfolio. I invest a lot of time and resources in them. They are lousy business ideas from a scaling viewpoint. There will be no hockey sticks. No 100x returns on investment in regular business terms.
They won’t scale. And that is precisely the point.
I don’t want nor expect scalable returns. The output that matter to me is not even measurable. And if all things go the way I’d like it to, I won’t even be around to see the full extent.
The most important things in life doesn’t scale.
Scalability is a product of a rational and production oriented view of the world, tied to ideas of resource extraction, leverage, and production to get ”more”.
More of what? Hollow gains?
What truly matters cannot scale.
Yet, scalability is of major importance for investors. It is often celebrated in technology and business contexts as a way to maximize efficiency and impact.
Impact? Of what kind?
”We only look for scalable solutions for this problem.”
”If we can standardize this, the TAM will be huge.”
”The network effects here gives financial leverage.”
So when we scale, what do we loose?
Depth. Automated customer service may be scalable. But often the experience is subpar to talking with a real human.
Variation. Scalable solutions tend to flatten out local and cultural variation. Homogeneity is often a result in the hunt for scalability.
Robustness. What’s scalable in terms of human enterprises is often centralized and with single points of failure. Fragile.
There is a vast number of non-scalable investments out there with great payoff. By funding and nurturing what’s not scalable, we gain in many important areas. Some of which are:
Antifragility. Depth. Variability.
But funding that which doesn’t scale has mostly been left to countries—and to a smaller extent charities and NGOs.
Given our outlook today, I believe we need to revisit this strategy.
The corporate layer most of us are working within resides on top of another layer which is often forgotten. This layer is a foundation that itself has a core of non-scalable investment, essential to human dignity and social cohesion. Just like externalized costs, it is not accounted for.
Could it be that there is a systemic risk in not being more interested in this layer from a corporate standpoint? With very few exceptions, corporations today do not care much about it.
Mondragon is the only real exception I have found so far.
The rug pull will be rough if the foundational layer goes south. And who knows how long the idea of countries will persist. It may be time to start to invest more in the non-scalable, and support alternative, resilient structures that are able to alleviate the outcomes if nations aren’t able to support anymore at some point in the future.
What is a non-scalable investment your corporation could do? | 22 comments on LinkedIn
Continued thread
♬ 
Big question, Why ATProtocol from #BlueSkySocial #PBC’s mouth instead of Mastodon and ActivityPub?:
“Why not use ActivityPub? #ActivityPub is a federated social networking technology popularized by #Mastodon.
Account #portability is a major reason why we chose to build a separate protocol. We consider portability to be crucial because it protects #users from sudden bans, server shutdowns, and policy disagreements. Our #solution for portability requires both signed data repositories and #DIDs, neither of which are easy to retrofit into ActivityPub. The migration #tools for ActivityPub are comparatively limited; they require the original server to provide a redirect and cannot migrate the user's previous data.
Another major reason is #scalability. #ActivityPub depends heavily on delivering messages between a wide network of small-to-medium sized nodes, which can cause individual #nodes to be flooded with traffic and generally struggles to provide global views of #activity.”
Short version, WE CANT CONTROL YOU.
AT ProtocolFAQ - AT ProtocolFrequently Asked Questions about AT Protocol.
Look what I've found while reading #haproxy docs : #YouPorn is implemented as a LAMP stack and serves 300.000 requests per second !
That's massive.
https://www.haproxy.org/they-use-it.html
https://highscalability.com/youporn-targeting-200-million-views-a-day-and-beyond/
www.haproxy.orgHAProxy - The Reliable, High Performance TCP/HTTP Load BalancerReliable, High Performance TCP/HTTP Load Balancer
#Excel can't scale — your business can.
We built a custom #Python solution to help a #batterystorage company replace spreadsheets, automate workflows, and optimize operations. Results = greater efficiency, accuracy, and #scalability. 
https://loom.ly/CX9wnVo
loom.lyPython Apps Streamline Battery Energy Storage OpsA suite of Python applications replaced outdated Excel systems, enhancing process efficiency and scalability.
At VictoriaMetrics, we create high-performance, #OpenSource #monitoring solutions, including a commercial offering. For that, we're looking for a Full Stack Engineer.
You'll join a team that develops and maintains our anomaly detection product 
while contributing to its #scalability, efficiency, and customer experience.
I've seen more people advocating for wider RSS adoption lately.
I was a heavy RSS user back in the day, but honestly, it’s a standard that struggles to keep up with modern demands.
In this short read, I break down why RSS’s pull model is inefficient and why push-based alternatives like ActivityPub are the future.
Read more: https://dev.to/justlig/rss-a-great-standard-that-cant-keep-up-4ibp
DEV CommunityRSS: A Great Standard That Can’t Keep UpRSS (en.wikipedia.org/wiki/RSS) has long been praised as a decentralized, open standard for content...
The problems in the European Digital Identity (EUDI)
@jaromil's independent feedback on the dangers of the current #EUDI implementation. What it should be, and the issues it has regarding Fairness, Privacy, Security, Scalability, Obsolescence and Methodology.
#Fairness #Privacy #Security #Scalability #Obsolescence #Methodology.
https://news.dyne.org/the-problems-of-european-digital-identity/
News From Dyne · The problems in the European Digital Identity (EUDI)
More from 
Dyne.org foundation
Big news! #VictoriaMetrics is proud to partner with IHI Terrasun Solutions on the groundbreaking Gemini Solar + Storage Project—delivering clean energy for up to 10% of Nevada's peak electricity needs. 
Why VictoriaMetrics Enterprise? #Scalability: Handles millions of data points effortlessly.
Replied in thread
@MoneroTalk because people using #Monero don't do it #HODL or #speculate but as a genuine #payment system!
- And that's why it has stenght, which it's not "going #ToTheMoon!"
The value of Monero isn't it's exchange rate but it's #tech, #privacy, #fungibility, #speed and #scalability.
- No matter if #FUD, #Delisting and #Criminalization will change that.