Dropping the cleaner to once a week was the hardest part!Which probably brings us to Constituency D: The Comfortable Classes. These people are good hard-working educated people. They command good salaries, and in many respects are pillars of society. They heard of the Great Recession, but probably think the whole thing was over-blown, the media after all, love nothing more than good hardship stories.
For sure, they had to pay some more taxes, and business was tight for a period. They delayed upgrading the car for a year or two. Settled for just one two-week holiday and dropped the some of the Ryanair weekend breaks to Milan and Barcelona. They even discovered that when the dishwasher brokedown you could pay to get it fixed instead of buying a brand new one.
How does what he said make sense then? There is a 50-80% chance that it will be worth zero. There is a 20-50%, it will increase in value. I don't have a PHD in maths and even I can spot some problems there.
If you are going to make pompous references to mathematics at least try and get your spelling correct.La donna e’ mobile
Beyond the spellchecking, do you have anything else?
As a professional mathematician I thought you would be appalled by the numerical diarrhoea that bitcoin miners churn out in search of easy riches.
If you are going to make pompous references to mathematics at least try and get your spelling correct.
Some people are impressed by this "math". I myself, a mathematics amateur, find it disgusting. I presume you as a professional also find it so.
the loop these days runs billions of times so as to time the prizes at one every 10 minutes
The sample space is {0,> current price, 0<current price}. Mr PayPal would appear to be giving the third of these events zero probability which is not a credible model. Watford v Liverpool is a discrete sample space so intermediate results like “Watford sort of win” are ruled out.There is no problem there.
Can you point it out to me?
I will give you similar example:
There is a 90% chance that the returns on your bet on Watford to beat Liverpool will go to zero
But if your bet is successful you will multiply your money by X
but it sure ain’t BellaBTW it is called brute force algorithm, there is nothing wrong with it from a mathematical point of view, as it is the most efficient way to solve the problem
I can think of easier solutions and I don’t understand why the problem was set in the first place.
Very easy. The whole thing is time stamped. So last valid block before the 10 mins are up would seem fine to me and would save an awful lot of electricity.Go on shoot, i’ll make a pull request early in the morning
In the early days the difficulty level was very very low compared to today. The cryptography ensures that validation of a block is relatively easy. The difficulty level has been increased by the protocol not to reinforce integrity but to regulate the release of bitcoin as with the spectacular rise in the price more and more CPU power entered the game in search of riches out of nothing. Satoshi would certainly have done things differently if he knew then that bitcoin would increase in price from 5,000 BTC per pizza to $10,000 per BTC.Ok, before I write the code, please answer a couple of questions,
1) what makes a block valid?
2) how do nodes agree it's valid?
Oh, I would have to refer to my Antonopoulos bible to answer that.Duke, it seems you grasp the self regulating bit in proof of work, satoshi designed it and knew it would be antifragile.
Now can you answer my 2 questions so i can write some code that improves it based on your suggestions and do a pull request?
Speaking of whom, he refers to the accumulated proof of work on the bitcoin blockchain as a 'monument'.Antonopoulos
Ah, great idea... All we need is a central location and a central entity to confirm the last block before the timestamp, cant wait for the pull request!Very easy. The whole thing is time stamped. So last valid block before the 10 mins are up would seem fine to me and would save an awful lot of electricity.
Ok, ant dee, I admit to being a bit out of my depth at this stage. Nonetheless, my sense is that the enormous size of the loops is not in any way necessary to achieve the two objectives of maintaining the integrity of the blockchain and eliminating inflation. But if you tell me I have got that wrong, I haven't the energy to dive further into my Antonopolous, so I will accept your word.Ah, great idea... All we need is a central location and a central entity to confirm the last block before the timestamp, cant wait for the pull request!
Ok, ant dee, I admit to being a bit out of my depth at this stage. Nonetheless, my sense is that the enormous size of the loops is not in any way necessary to achieve the two objectives of maintaining the integrity of the blockchain and eliminating inflation. But if you tell me I have got that wrong, I haven't the energy to dive further into my Antonopolous, so I will accept your word.
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