In 2009, a Stanford business professor:
- Split her class into 14 teams
- Gave each team $5 and 2 hours
- Told them to get as much ROI as possible
- Said they’d give a presentation after finishing
Here’s how it went down + the foundational lesson you can learn from it:
🧵
“What starts small compounds into something more. The longer you play the long game, the easier it is to play and the greater the rewards” https://t.co/7T5oF3pAmJ
We are proud to have a profitable business model that doesn't rely on collecting personal data.
Our Founder & CEO explains how we make money & why companies like Google & Facebook could still be wildly profitable without invasive tracking: https://t.co/mkxTEvCdEe
Weakness is the cause of stress.
Choose strength.
Action is the antidote to stress.
Choose happiness.
Never settle for less than your best.
Choose greatness.
Nothing great is suddenly created.
Choose the road less traveled.
Do great work.
Don't stop until you are proud.
🔥 Ever need to insert a record in your database ONLY if it doesn't already exist? PostgreSQL allows you to safely perform this operation using the ON CONFLICT clause. Works inside transactions too.
Bonus: Ecto in @elixirlang supports it via the :on_conflict repo option! ✨
If our small minds, for some convenience, divide this universe, into parts - physics, biology, geology, astronomy, psychology, and so on - remember that nature does not know it!
@abuiles Sadly that’s a reality. There are a lot of Takers in our ecosystem. However, I hope you don’t give up Adolfo. There are also plenty of Givers around here!
“The purpose of abstraction is not to be vague, but to create a new semantic level in which one can be absolutely precise.” - Edsger Dijkstra
Abstraction isn't bad. Bad abstractions are bad. Stop saying abstraction is bad. :P
@torrenegra 🤔 I see. It would be interesting to explore escenarios where Stores/Retrievers MUST run nodes to be part of the network instead of having a layer of miners competing by governance power via processing capacity (more $, more power). Am I chasing an utopia?.
@torrenegra Probably bad idea but I have to ask: What if the miners layer is eliminated and then Stores and Retrievers run nodes without monetary incentive but because they need to add value to the network they are benefiting (potentially running a business) from?
@torrenegra 🤔 Yes, it addresses the issue assuming an attacker won’t fake he is a good actor before executing the attack (possible). Other than that I think the strategy works.
Question: Is there governance centralization by having a set of kings (miners) ruling the network?
@torrenegra The two approaches I like the most so far are:
@StellarOrg by charging a very small fee to every transaction.
@ByteballOrg by charging a fee equal to the amount of data posted to the network.
@torrenegra Great initiative. I think it needs more work on avoiding an attacker flooding the network with transactions. Limits to the amount of transactions posted per day is a first step but the implications of such restrictions need to be explored. Why people use the network for free?