Dr. Adam Back:What confidential transactions provide is a way to protect the values that you are transacting such that they are only visible to the people involved in the transaction. So, now the Bitcoin blockchain is very public and more public even than most online electronic transactions tod...
We accept “proof of work” based on the assumption that there is no faster way to find a nonce which will give a new block a good enough hash value than brute-force search (currently requiring sextillions of guesses on average). But what if there were a hole in the crypto, a short...
40、Moral excellence does not consist in aggregating pleasures and pains but in aligning them, so that we delight in noble things and take pain in base ones. Happiness is not a state of mind but a way of being, “an activity of the soul in accordance with virtue.” (respect) 41、“we...
Open source software is commonly portrayed as a meritocracy, where decisions are based solely on their technical merit. However, literature on open source suggests a complex social structure underlying the meritocracy. Social work environments such as GitHub make the relationships between users and betwe...
s done early in her life. I think the earliest one I have is actually this line drawing that she did when I came home from the hospital with her as a newborn. It’s this very simple pencil drawing. It probably took her a minute. And it’s just a sketch of me in the baby ...
Ray Dalio, the founder and executive chairman of Bridgewater Associates, uses a similar approach to creating what he calls an “idea meritocracy” at his company, the largest hedge fund in the world. As members of the firm debate investments or ideas, they rate the assertions of the oth...
CFS works by displaying different images to the right and left eyes: one eye might be shown a simple shape or an animal, for example, while the other is shown visual “noise” in the form of bright, randomly flickering shapes. The noise monopolises the brain, leaving so little processing...
While CollabNet started the project, and still funds a large chunk of the work (it pays the salaries of a few full-time Subversion developers), Subversion is run like most open-source projects, governed by a loose, transparent set of rules that encourage meritocracy. CollabNet's copyright lice...
Today onFreakonomics Radio: why are sports so useful in trying to burnish a reputation? Bomani JONES: They need to believe that sports are pure meritocracy because, honestly, they don’t believe there’s a meritocracy anywhere else. We focus on the latest case of sportswashing, in the usuall...
After initial coding, a research team read through responses to the questions below to distill student perspectives on admissions criteria and, more generally, notions of merit and meritocracy: Would you say Oxford (Harvard/Brown) is a meritocracy in terms of its admissions? In what ways? In ...