Dlr is canada and takes 3 days.

And even a +1 day is a long time. And then there’s weekends and holidays. So you could do something on Thursday, Fridays a holiday, so then it’s Monday is the +1 and you are settled and complete on Tuesday morning.

A lot can happen between a Thursday morning trade and Tuesday morning, and a lot can happen in a regular +1 day. The markets don’t really care about non business days and shit happening.

Same day within minutes settlement would be huge.

It would reduce the settlement time from multiple days to likely minutes.

When you trade a stock today, it’s not actually complete for 2 or 3 business days as it has to go through the settlement process. Generally, it doesn’t cause problems for retail traders as exchanges act like its completed, but even for us it can introduce real issues sometimes and delay you from making a trade.

For example, in Canada, the cheapest way we can convert CAD<–>USD is through a process called Norbits Gambit.

You buy DLR.TO (CAD) or DLR.U.TO (USD) and then your have them journal your shares from one to the other for free, or a small fee like $10. You don’t pay an exchange rate fee, however, because the trade hasn’t actually settled when you buy the shares for 3 days, they can’t journal them. So for 3 business days you’re exposed to any fluctuation in the exchange rate. Generally that’s cheaper than what a bank will charge you and it’s the risk you take. It’s also a 1 way risk, I can’t recall if it’s USD -> CAD or CAD -> USD, but one of them is locked in, and the other is exposed. (Edit: It’s DLR.U.TO that exposes you. Holding either is like holding USD, so when you buy DLR.TO you already bought the USD value in CAD)

At WealthSimple, when you sell some shares, you can’t actually transfer the money to your bank account on the same day. The balance isn’t available to transfer.

I’m sure it can cause more problems for professional traders and institutional stuff, and even other ways it impacts us that I don’t know about.

Don’t forget to sell the unicycle when you buy the car.

I think the point is, if you’re not carrying 4 passengers all the time, why the fuck did you buy a car when you could have bought a unicycle instead?

Nah, it was ThisIsMyRedditName (jk)

I wouldn’t call that an ideal implementation, but if they implemented it properly, there’s no way for the website to know who you are, and there’s no way for the website to tell the authority you visited their site. If there is, it’s not actually a ZKP and it’s a failure of the technology (and I assume at that point be against the law). The only abuse that should ever be possible is that the authority knows you are using tokens, not where.

The only required trust that should be needed, is that the authority proved your age in the first place, such as when you get your drivers license, and that they actually implemented all the cryptography properly (which a 3rd party could verify)

Edit: And if there’s concern about token sharing somehow, it should be locked behind your biometics in a way that again doesn’t leak any information, which they saw you encode when they verified your identity.

Edit: think something like a programmable credit card with a key that can’t be removed, but the card can be programmed with an age by the authority and locked by a biometric. You go in, plug the card in, they add the age and their part of the key, you scan your fingerprint on it, and then you’re done. They never see your key. You then use it anywhere it’s needed and it never goes back to the central authority. Give it a limited lifespan so it has to be renewed once a year or something.

Well that’s awesome. I had heard Germany did a ZKP solution, I didn’t realize it was EU law.

I don’t really expect anywhere but the EU to do that though. ZKP are really the only way to do it if it’s going to be done.

but this doesn’t necessarily mean that the identity verification company is reporting to the government which people have initiated age verification, or for which websites.

Oh sweet summer child.

Unless it’s designed to not be capable of doing it (its not), they are doing it and it’s the intended plan.

RFK Jr announces that the environmental hazard causing autism is being hit by a neutrino while in the womb!

So, turns out Tesla really is going to try and get the verdict tossed by the judge due to trial and/or jury mistake rather than (or in addition) to an appeal.

https://storage.courtlistener.com/recap/gov.uscourts.flsd.593426/gov.uscourts.flsd.593426.568.0.pdf

Tesla Is Entitled to Judgment as a Matter of Law (or at Least a New Trial) on Liability. For Tesla to be liable in any amount for this tragic accident, Plaintiffs were required to prove both that Tesla’s 2019 Model S was defective in some way and that the defective design or warnings caused McGee to blow through a stop sign and crash his car into an SUV that was parked well off the road when he was pushing the accelerator while fishing around for his phone. Lesnik v. Duval Ford, LLC, 185 So. 3d 577, 581 (Fla. Dist. Ct. App. 2016). Plaintiffs’ liability case hinges on two experts whose testimony did not meet the standards established by Federal Rule of Evidence 702. Especially without their testimony, the record cannot sustain the verdict. But even with their testimony, Plaintiffs failed as a matter of law to establish that the 2019 Model S—which provided a carefully engineered system and offered extensive warnings on its breakthrough Autopilot system—was defective or caused the injuries that Plaintiffs suffered after McGee crashed into Benavides and Angulo. The Court should grant judgment as a matter of law in Tesla’s favor on liability or, at a minimum, a new trial.

Edit: Also I was asking googles AI about differences between the term JMOL and what I saw and posted about earlier JNOV, and they’re apparently the same thing. One used to be for before the verdict, and one after, but now it’s just the same term. They’re basically saying the Jury got it wrong with or without the evidence.

Then they’ll ban you for life like they do other people who violate their rules, and they’re very good at banning people who try to open new accounts and banning people who have any links to you.

You’d still have risks with a centralized db of the tickets which the tokens would solve.

Ticket master recently had an incident being hacked and that could literally happen to any company.

https://www.newschannel5.com/news/newschannel-5-investigates/have-you-bought-tickets-thru-ticketmaster-recently-check-your-account-and-make-sure-theyre-still-there

Granted a user could be hacked as well because of improper storage of the NFT. To really solve the problem it would also require everyone to be using good hardware wallets which I think is where things are going long term, but it’s yet another complicated step which will slow adoption.

One day having a hardware wallet will just be normal.

The money required to double the bitcoin hash rate and maintain double is immense. It’s specialized hardware that would need to be manufactured (lead time while network continues to grow, plus who even has the capacity to do that other than TSMC or Samsung) and the network would see it coming and have a chance to do something about it.

It was a risk when it was smaller, but the ability to pull an attack off like that now and maintain the attack isn’t practically in the realm of possibilities. (Edit and that’s not even getting into where they’d get the power to power the network which is estimated at 173Twh a year and the need to keep expanding that power to maintain the attack in adversarial conditions.)

Attacking the network in other ways via corrupt laws with multi government cooperation would be far easier.

When android and ios were taking off, I’d see job requirements saying 8 to 10 years experience in Android development.

It hadn’t been out 8 to 10 years.

There were people estimating 40w in earlier threads on lemmy which was ridiculous.

This seems more realistic.

Sub penny on L2 and a couple / a few cents on mainnet unless a big event is happening on main.

Got me

That’s actually a pretty realistic option given the 2 hour refund window.

Maybe allow it only after 1 successful deposit, and revoke it after 1 failure for a long period and X successful payments.

Also maybe only 1 game is playable if you happen to buy more than 1 in that time

The digital shit is so complicated it takes a huge amount of employees. Integrations with hardware (payment terminals), banks, setting up infrastructure so others can accept your payments, automated fraud detection, digital compliance in every country they want to target, it’s huuuuuuge. Thousands of employees.

It used to be do a carbon copy of the card and send us the receipt.

Valves internal structure wouldn’t scale to that size either, and they have no experience running a company of the size that would be required in a different structure.

And that’s back to my point of people not wanting to leave money places in case they want to buy a game in the future.