Sargos

25 ms·

241.
by Sargos 5y ago
Maker, YFI, Aave just to name a few. https://cryptofees.info/ lists the real cash flows of protocols.
242.
by Sargos 6y ago
What did she do after the straw demonstration? Did she have something to help or she just wanted you to know what it feels like?
243.
by Sargos 6y ago
You're hired!
244.
by Sargos 6y ago
This is exactly what I want to build and think it's one of those foundational building blocks that we can't believe we lived without. Files stored on IPFS with their hash being their universal ID. Metadata would be associated with
245.
by Sargos 6y ago
No, but it was the first wide spread smartphone and the first one most people used. This is the only practical starting point.
246.
by Sargos 6y ago
My kiddo uses YouTube Kids daily and I find it to be a great service with shows like Katie's Classroom which is like video preschool.
247.
by Sargos 6y ago
You could argue that this is what the ACLU is. They need better funding.
248.
by Sargos 6y ago
>If they had the ability to ignore them, they would Not to be too inflammatory but there are plenty of cases where they ignore them without technically having the ability.
249.
by Sargos 6y ago
In the US you need to be very rich to do this as you need to be an "accredited investor" which means either millions in the bank or work with a Wall Street bank to get a license to invest. Normal people are prevented from investin
250.
by Sargos 6y ago
>The original Satoshi paper made his idea sound like it would be possible to implement as peer-to-peer^1 without third parties. All the implementations I have seen to date involve third parties. Bitcoin sort of stopped being developed ye
251.
by Sargos 6y ago
Ethereum will actually be deflationary in July. The people in that room seem pretty removed from what's going on in the Ethereum ecosystem.
252.
by Sargos 6y ago
Minor note, NFTs are on Ethereum and not Bitcoin. Ethereum is already quantum resistant and has slot in solutions to make it quantum secure when needed (they aren't in use right now as they are less efficient). Quantum computing is not
253.
by Sargos 6y ago
Is this better for this specific case? I use wtfisqf.com since it explains the mechanism in an easy to understand way.
254.
by Sargos 6y ago
I prefer the quadratic funding method over direct corporate sponsorship as it allows more niche projects to get funded and average people to participate in the system. You can even have Google add $1million to a pool and then have individua
255.
by Sargos 6y ago
Ethereum powers 95% of the work in the cryptocurrency space. If Ethereum has a fundamental flaw then it would be quite tragic for the entire industry and might cause years of chaos and set back crypto for a generation. Thankfully Ethereum i
256.
by Sargos 6y ago
Ethereum is also layered. ZK Rollups are later two and not related to the Ethereum devs. It's an isolated engineering later with lots of experimentation going on with optimistic rollups, ZK Rollups, state channels etc. The problem with
257.
by Sargos 6y ago
This is the go-to guide for anyone new to crypto today. It goes over the why and how and provides links for further reading. https://newsletter.banklesshq.com/p/-guide-1-starting-with-b...
258.
by Sargos 6y ago
>Why expend some amount of ETH building and executing products when you can just HODL and wait for the price to go up? Most people aren't going to have a choice. ETH is required to be spent when making transactions and using dapps,
259.
by Sargos 6y ago
The thing that matters is how valuable the 32ETH stake the validators put up is as that is the amount of penalty for trying any attack. The theoretical attacks on Proof of Stake are well known and discussed but generally require 33% - 51% o
260.
by Sargos 6y ago
Look up Proof of Stake which is what Ethereum is moving to later this year. In Proof of Stake validators put up an ETH bond in order to randomly get picked to help create blocks in the network. The higher the price of ETH the more expensive
261.
by Sargos 6y ago
ETH is money but it's not currency. It's not meant to be used to buy everyday goods and services.
262.
by Sargos 6y ago
People are never going to be using ETH as a currency. They would use stablecoins like DAI pegged to USD or a basket of assets. A high price of ETH as an asset creates a higher security level for Ethereum the blockchain. The ecosystem of pro
263.
by Sargos 6y ago
A high price of ETH as an asset creates a higher security level for Ethereum the blockchain. The ecosystem of projects, apps, protocols, organizations, etc on Ethereum is healthier when the blockchain is guaranteed secure and stable for eve
264.
by Sargos 6y ago
It really is amazing when you understand the capabilities and speed of iterations of the growing use cases of this new shared trust machine. DeFi, NFTs, DAOs, so many different ecosystems currently being built cooperatively by hundreds of d
265.
by Sargos 6y ago
Vitalik is very popular because he is heavily respected. Even with that said he cannot get people to make a controversial change as the overall Ethereum community, not just the miners and core devs, decides whether a new proposal is safe en
266.
by Sargos 6y ago
>Remember when BTC used to be fun and exciting? Stupid projects being created, tipping widespread all over the internet. All of this moved over to Ethereum long ago but those outside of the crypto space might not know that. Thousands of
267.
by Sargos 6y ago
This ignores all of the evidence that raising interest rates slows economic activity. In our currently economically weakened state raising interest rates would likely crush the economy into a depression.
268.
by Sargos 6y ago
DeFi Saver does this and has a large userbase. https://defisaver.com/
269.
by Sargos 6y ago
Yeah and those accountants charge by the hour. Crypto taxes take up a lot of hours (and that's if your accountant already knows how to deal with crypto). The vast majority of small businesses don't have dedicated accountants and h
270.
by Sargos 6y ago
I know this is a Bitcoin article as it involves people very new and ancillary to the space but most people in this ecosystem work on Ethereum as it's where most things are happening so I'll use this as my starting point. A good an

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