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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 14th, '18, 23:20    
jacobgrey

jacobgrey

Joined: Jun 27th, '10, 20:26
Posts: 10677
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Mood: (◡‿◡)
Website: http://www.rhiannondaverc.co.uk
Location: England
I own some litecoins and ethereum. I bought them right when the market was amazing last year. I decided I was going to withdraw my investment once I doubled my money so then the rest would be pure profit. It got to £1 below double so I held out a little longer... and then that huge price crash happened and they're worth half what I paid :'D Oh well, at least I didn't invest much.

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First fairy 8.4.15; 2nd 7.6.17
My books ~*~ My magazine

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 14th, '18, 23:41    
Chrizine

Chrizine

Joined: May 1st, '14, 21:58
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Yeah, I'm studying computer science :)

Awww, too bad jacob! But yeah, that's always a risk...
I don't know litecoins, but ethereum is actually one of the more interesting coins, we looked at the smart contracts part of it in a lecture last semester (where we studied how to verify them and what common flaws in the contracts are - and oh boy is that contract language inviting you to mess everything up...) :)

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My personal Quest thread:
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And my buying thread!

My crafty hangout thread, where I talk about my sewing and crocheting projects and would love to hear about any kind of projects you do (or just come chat, that's fine too!):
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Most urgent wishes currently:
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Ehlenia Eyes (Aqua), Eyrion Fan (Claret), Jiniri Hair (Mocha), Lunar Night Banshee Hair (Blue White), Bat Momma Eyes (Ecru)

Check out jacobgrey's awesome interactive Harry Potter Fanfiction thread!

I'm on Flight Rising and Tattered Weave as well- feel free to friend me!

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 14th, '18, 23:50    
Akili Li

Akili Li

Joined: Nov 24th, '15, 22:02
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Well now I'm curious to see a sample contract....

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I want to buy or trade for these knuffels:
Earth Gen 18, Light Gen 19, Fire Gen 21, Air/Light/Water Gen 22, Light Gen 23, Earth/Light Gen 25, Darkness Gen 26.
Please PM me if you can help!

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 14th, '18, 23:58    
Chrizine

Chrizine

Joined: May 1st, '14, 21:58
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smart contracts are basically just programs, they don't look all that different from other code. They're called that because the idea is that you can use them to enforce a classical contract, for example you could implement that as soon as person A sends piece of information x to person B, amount of ether (the currency) y gets transferred from B to A. So B couldn't cheat by receiving the information and then not paying up where in a classical situation A would have to take their contract document and go to court over it, because once they agreed on the smart contract, it just executes like that. At least in theory, unless they make a mistake (or one of them maliciously introduces a mistake they can benefit of that the other doesn't notice...). Unfortunately, mistakes are easy to make.

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My personal Quest thread:
Image

And my buying thread!

My crafty hangout thread, where I talk about my sewing and crocheting projects and would love to hear about any kind of projects you do (or just come chat, that's fine too!):
Image
Most urgent wishes currently:
ImageImageImageImageImage
Ehlenia Eyes (Aqua), Eyrion Fan (Claret), Jiniri Hair (Mocha), Lunar Night Banshee Hair (Blue White), Bat Momma Eyes (Ecru)

Check out jacobgrey's awesome interactive Harry Potter Fanfiction thread!

I'm on Flight Rising and Tattered Weave as well- feel free to friend me!

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 15th, '18, 00:00    
Akili Li

Akili Li

Joined: Nov 24th, '15, 22:02
Posts: 21901
Hugs: 286064
Mood: contemplative
Location: Buried under the To-Do list
Huh! I see the idea behind that. If it works, that'd be very useful!

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I want to buy or trade for these knuffels:
Earth Gen 18, Light Gen 19, Fire Gen 21, Air/Light/Water Gen 22, Light Gen 23, Earth/Light Gen 25, Darkness Gen 26.
Please PM me if you can help!

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 15th, '18, 00:06    
Chrizine

Chrizine

Joined: May 1st, '14, 21:58
Posts: 7506
Hugs: 127096
Mood: Elusive Crumpet
Well, I guess the idea is "save the lawyers and replace them by programmers and verification experts", so I should support the basic idea from a selfish point of view ;) Sounds like a lot of job opportunities, especially since verification is one of the areas I'm most interested in ;)
But yeah, I think the idea makes a lot of sense, but the implementation in ethereum still leaves some things to be desired. And it all only works as long as the underlying currencies manage to have some kind of stable value so you can really use them, which again I'm a bit doubtful about.

(0) (0)
My personal Quest thread:
Image

And my buying thread!

My crafty hangout thread, where I talk about my sewing and crocheting projects and would love to hear about any kind of projects you do (or just come chat, that's fine too!):
Image
Most urgent wishes currently:
ImageImageImageImageImage
Ehlenia Eyes (Aqua), Eyrion Fan (Claret), Jiniri Hair (Mocha), Lunar Night Banshee Hair (Blue White), Bat Momma Eyes (Ecru)

Check out jacobgrey's awesome interactive Harry Potter Fanfiction thread!

I'm on Flight Rising and Tattered Weave as well- feel free to friend me!

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 15th, '18, 00:10    
Dream-Baby

Dream-Baby

Joined: Jan 26th, '09, 11:06
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You have hugged Dream-Baby!


Mood: dreaming behind my desk, waiting for my stories to unfold.
Website: http://insomniumscriptor.blogspot.com/
Location: here ;p
Smart contracts sound really handy in case of digital artistry, as the contract sees that the product is send there won't be any refund by the receiving party.
To many artist friends got screwed like that. :}

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Join me at Quetzal Palace in Furvilla.
Dream's personal Quote wrote:An insult is only insulting if you feel insulted.
You are a Fox!

Foxes are clever, perceptive, and shrewd. You're happiest working behind the scenes, pulling strings and watching others dance to your imperceptible tune. Independent yet highly social, you glide among your circles of acquaintance with ease, sharing your sharp wit or a delicious piece of gossip.

Image. Image

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 15th, '18, 00:19    
Chrizine

Chrizine

Joined: May 1st, '14, 21:58
Posts: 7506
Hugs: 127096
Mood: Elusive Crumpet
Well, the difficulty with art would be to assess whether the goods sent were actually what was agreed upon - because you also don't want people scamming others by pretending to be great artists (maybe using stolen art as their portfolio or whatever), taking comissions and then sending just some 5 minute paint drawing to make the contract think it is fulfilled. The kind of information you usually take in my example is something like a password that decrypts something where you have some kind of checksum or similar to see that it was actually the correct decryption of the encrypted thing person B had already received and had reason to believe was a thing he wanted to decrypt.

(0) (0)
My personal Quest thread:
Image

And my buying thread!

My crafty hangout thread, where I talk about my sewing and crocheting projects and would love to hear about any kind of projects you do (or just come chat, that's fine too!):
Image
Most urgent wishes currently:
ImageImageImageImageImage
Ehlenia Eyes (Aqua), Eyrion Fan (Claret), Jiniri Hair (Mocha), Lunar Night Banshee Hair (Blue White), Bat Momma Eyes (Ecru)

Check out jacobgrey's awesome interactive Harry Potter Fanfiction thread!

I'm on Flight Rising and Tattered Weave as well- feel free to friend me!

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 15th, '18, 00:34    
Dream-Baby

Dream-Baby

Joined: Jan 26th, '09, 11:06
Posts: 10106
Hugs: 223079
Mood: dreaming behind my desk, waiting for my stories to unfold.
Website: http://insomniumscriptor.blogspot.com/
Location: here ;p
I see your point. There would be people that would use it to scam people.
And a decryption key could also work. Without the key the art is only a preview you can't do anything with, after the key you can use it.
There should be a way for it to work, I'm just not tech savey enough to see it. :}

(0) (0)
Join me at Quetzal Palace in Furvilla.
Dream's personal Quote wrote:An insult is only insulting if you feel insulted.
You are a Fox!

Foxes are clever, perceptive, and shrewd. You're happiest working behind the scenes, pulling strings and watching others dance to your imperceptible tune. Independent yet highly social, you glide among your circles of acquaintance with ease, sharing your sharp wit or a delicious piece of gossip.

Image. Image

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 Post subject: Re: THE MYSTERIOUS JELLYFISH DOMINATION ♡
Posted: Nov 15th, '18, 00:50    
Chrizine

Chrizine

Joined: May 1st, '14, 21:58
Posts: 7506
Hugs: 127096
Mood: Elusive Crumpet
Oh yes, you could certainly do something along the lines of:
A sends small resolution / heavily watermarked art over
B says they accept the art as fulfilling the contract
Money and actual full images get exchanged automatically

So yeah, you could probably use it for art in some way similar to that :)

(0) (0)
My personal Quest thread:
Image

And my buying thread!

My crafty hangout thread, where I talk about my sewing and crocheting projects and would love to hear about any kind of projects you do (or just come chat, that's fine too!):
Image
Most urgent wishes currently:
ImageImageImageImageImage
Ehlenia Eyes (Aqua), Eyrion Fan (Claret), Jiniri Hair (Mocha), Lunar Night Banshee Hair (Blue White), Bat Momma Eyes (Ecru)

Check out jacobgrey's awesome interactive Harry Potter Fanfiction thread!

I'm on Flight Rising and Tattered Weave as well- feel free to friend me!

    Top
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