That's a great question, I'd bet it's fair to say that 80% of their applicants would not qualify, and yet it opens the door for some really deserving humans.
(Not being able to afford it is why I didn't go to MIT, I also wasn't accepted at Cal, yet UCLA (and all of the UC system for that matter) was under 4,000 a year and that's what my folks and I could afford so that's where I studied.)
When they switch to the next standard for their ports, ill finally be able to achieve my dream of getting a x -> usb c -> lightning -> aux chain set up for my car audio.
They're a trash company, and anything you get from them, even when you pay for the storage, is at best accidentally delivered to you and they could roll over in their sleep at any moment and snuff it all out.
Even grosser is that they explicitly limited the iOS version of Google Photos to refuse to work with scoped access. So on iOS the app will refuse to work without being granted whole library access, a permission that Google no longer allows to any third party photo app on Android. Blatantly anticompetitive.
HTLC would do the same in a distributed and trustless fashion and yet it's important to know League of Entropy is a bunch of distributed crypto organizations like Chainsafe or the Ethereum Foundation.
I assume you mean a verifiable compute function rather than hash time-lock contract, as the latter can't be used for encryption. But that's not really a timelock either: it only sets a lower bound on the amount of compute required. But "compute" here is abstract, and when the conversion from "required hashes" to "time elapsed" can vary by 6-10 orders of magnitude, it stops having any appreciable meaning.
