Interesting read. Reminded me of the Trinity 3D manifold visualization tool which (among other things) let's you explore the hyperspace of neural networks: https://github.com/trinity-xai/Trinity
Imho a „digital euro“ (ie retail CDBC) will remain an utopia: Knowing who transfers money on the ledger of the central bank is very important for the central bank to remain credible. KYC is the banks job in this, so the bank takes the hit in fraud cases, never the central bank.
If central banks loose their face, their currency/country takes the hit.
Agree. I also like the relative dates. E.g. on Github where it’s useful to get an intuition very fast of when files in folders/projects were last updated. I don‘t care about the actual dates in this moment, the fuzziness of the relative date is the approximation I‘m looking for.
And the central bank does the KYC? And it also decides who should get money and who not on every loan? Doesn‘t scale very well this model, no matter if DLT is used or not.
Same for me. Jumping into the code can be fun at times. But if the software is not modelled well, a lot of bugs will orginate from structural issues. When you see those, the bugs become anoying to fix because you basically know new ones will pop up eventually since the root cause is not adressed.
Applying concepts like DDD will be of very little value without a profound understanding of the domain at hand. This is mostly established by non-coding activities.
Plus one for C4 Models. Most important aspect of it: When you do lines and boxes in a diagram, put descriptions on the lines, not just the boxes. Sounds simple, but is often forgotten. The result is people seeing UML, making all sorts of assumptions.
Anyone thinking about earthquakes when going that deep?
In Switzerland they had to stop some geothermal projects after triggering earthquakes while drilling deep.
The geothermal projects in Switzerland (and South Korea) used pressurized water to form cracks within the rock (similar to fracking). Also typical geothermal projects need to be near fault lines since that is where the low hanging fruit is. Since this method will forgo those steps you should greatly minimize the likelihood of triggering an earthquake.
