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Messages - erb

General / Re: Secret's Out
June 29, 2015, 03:56:14 PM
Will you be providing updates on a regular basis?

Since I gave up my own (toy) PM implementation (mostly played with frontend stuff and use cases) I have been waiting for something to follow, perhaps help out with.
Augur is great, but I have my reservations about Ethereum and I'm bothered/concerned by the lack of a reliable release date. Hopefully the $350k/month devs have put some of their salary into the Fairlay PM making it a somewhat realistic indicator.
Basics / Re: Ethereum Release Date
June 29, 2015, 03:46:18 PM
Quote from: psztorc on June 28, 2015, 04:14:48 PM
The odds have again shifted...amusingly, they are now a lot closer to my the original interpretation of the numbers as July 5th! (Although, there is seemingly a 10% chance that the release will still not have occurred before September.)

In other news, Vitalik actually posted the Ethereum salaries, which amount to >$350,000 a month. Kudos to him for transparency, but I'm sure my own opinion ("what a disaster") is shared by many.

To paraphrase one of my Econ professors: "Higher salaries can encourage employees to work harder, but they can also cause a different type of person to show up for work."

Wow, guess I'll have to look a bit closer into those salaries. If they all get the same salary that's kind of odd, last time I checked (a long time ago) the team was pretty big as well. I wonder how much runway that would give them. And yeah, even $350k a year would be a lot. I'm sure many of them could go get that somewhere else but they hardly need $350k a month. Makes the criticisms of the crowdsale even more relevant.

I really like that quote, been spending some time thinking about related issues. If you don't mind me asking: who was the professor?
Wow that's brutal. When you speak of the "PM Graveyard" how many of them have actually been killed by the SEC? And how many others have failed and for what other reasons?

Someone could easily run a simple PM as a hidden service on Tor using BTC but I guess then they will have trust problems since most such activity ends up taking the money and closing shop without warning. Not easy if security is of concern of course, but for some reason I doubt an SEC case will get you targeted by the NSA and arrested by SWAT teams like with darknet markets (but I'm probably naive about this).
Quote from: psztorc on January 13, 2015, 08:43:44 PM
The crowdsale will almost certainly take place outside of the US. As I am a US-citizen, I might get bought-out before it even begins, or I may avoid participating in the sale altogether. I've also mused on donating the proceeds to a children's hospital (or something feel-good), which would likely allow the crowdsale to go off without interference.

If you end up deciding to give away the proceeds to a charity I suggest you use something more cost-effective than a children's hospital. Giving What We Can and GiveWell have dedicated time and effort into evaluating charities impact/$. Doing so would be both more altruistic and utilitarian.
Development / Re: New Truthcoin Implementation: Augur
December 18, 2014, 04:17:31 PM
I had some trouble installing the m3-cdecimal dependency but looks promising.
I agree with dhcmrlchtdi, you really should put those screenshots up. It will probably increase interest among visitors significantly.