almostkorean

9 ms·

31.
by almostkorean 5y ago
The authenticity part is straight forward: if token was minted from contract X then it is the real deal. This can be an issue for brand new projects. Bad actors will duplicate it and list at low prices. Most users are savvy enough to only u
32.
by almostkorean 5y ago
I had this exact same experience at a previous startup. It was really frustrating to me, it was so easy for new devs joining the team to criticize past work. It was especially difficult for me because I'm not a natural leader and I ten
33.
by almostkorean 5y ago
I did make some assumptions, lets lay out the the possible scenarios: 1. NFT points to Steam owned URL 2. NFT points to some decentralized storage (IPFS/Arweave) 3. NFT data stored on-chain And the skin data itself has these options: 1
34.
by almostkorean 5y ago
I think the decentralization only matters in edge cases, I'm guessing 99% of users won't care. But for people who are spending a ton of money on skins, they should care that it is decentralized. If I was the guy who spent $60k on
35.
by almostkorean 5y ago
This feels kinda pointless, but I wasn't trying to say that the package "web3" existing means the concept of "web3" exists. It would have been better for me to post npm download trends, see here: https://
36.
by almostkorean 5y ago
web3 has existed since 2015, see here: https://github.com/ChainSafe/web3.js/releases?page=14 How does it not exist to you?
37.
by almostkorean 5y ago
This argument is categorically false, illicit activity accounts for 0.34% of all crypto activity in 2021: https://go.chainalysis.com/rs/503-FAP-074/images/Chainalysis...
38.
by almostkorean 5y ago
The bank I use is PNC, looks like it is currently the 7th largest bank in the US. To be fair, in the past month they opened a new branch which is a 10 minute drive, so that makes the first part a lot better. I am also lucky enough to live
39.
by almostkorean 5y ago
I'm not OP but I had to wire money earlier this year when I bought a house. To accomplish this, I had to drive to my nearest bank branch (1 hour drive), talk to a bank teller for 15 minutes while she filled out forms and printed out pa
40.
by almostkorean 5y ago
What makes you think Ethereum Foundation gave themselves the majority of Ether? I'm pretty sure it was 15% but I might be wrong
41.
by almostkorean 5y ago
Ah I gotcha, yea that is mostly true at the moment. I'm pretty sure the only way to go directly from fiat to L2 is through Binance which can transfer to Arbitrum (someone correct me if I'm wrong). All the major centralized exchang
42.
by almostkorean 5y ago
Not sure what you mean about layer 2 solutions being similar in cost to layer 1 transactions. See here: https://l2fees.info . Arbitrum and Optimism are both running in "safe mode" so their tx cost will continue to go do
43.
by almostkorean 5y ago
Yes I realize that could be an issue, but it's way easier to address than keeping a server alive. See: https://archive.org/details/softwarelibrary_flash_games
44.
by almostkorean 5y ago
Here are some projects working towards addressing the issues of blockchain scalability: - Lightning network on bitcoin. Super cheap and fast transactions, makes micropayments a reality (this is what Twitter is using) - Layer 2 solutions on
45.
by almostkorean 5y ago
Most (not all) web3 games don't have a server. Just frontend interacting with a smart contract
46.
by almostkorean 5y ago
It's really strange to me how you don't wonder why or dig deeper as to why I have my opinion. I'm automatically just a dumbass who is living in your bias, nothing to see here
47.
by almostkorean 5y ago
I think it's safe to assume that you would only get the check mark if your NFT is minted from the original contract. This is an issue for brand new collections (and you see this happen on OpenSea where people fork new a new popular col
48.
by almostkorean 5y ago
Speaking for myself here, but I much prefer to have USDC in defi than US dollars in my traditional bank. Far from a fantasy IMO
49.
by almostkorean 5y ago
There are also NFTs where the art is “onchain”. See autoglyphs and artblocks
50.
by almostkorean 5y ago
The two most obvious use cases to me are lending/borrowing platforms and decentralized exchanges. In my mind, these two services are basically at feature parity with traditional finance systems but in a decentralized and permissionless
51.
by almostkorean 5y ago
I don't understand OPs point, but the meaningful difference is that the digital ledger is decentralized. If Blizzard shuts down D3, your virtual goods are gone forever. NFTs and ownership of NFTs live as long as the blockchain lives
52.
by almostkorean 5y ago
I recently came across this: https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c8... which lays out a pretty compelling case for Len Sassaman being Satoshi. Len worked alongside Hal on PGP
53.
by almostkorean 5y ago
How do you get the coins out without KYC?
54.
by almostkorean 5y ago
It's all over-collateralized loans. So if I want $50k cash to buy a car, I can deposit $100k of ETH to borrow $50k USDC. As ETH price changes, your loan has a "health" score and if it gets below a certain threshold you can ge
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by almostkorean 5y ago
He hasn't streamed in a few months but RAC has a great setup: https://www.twitch.tv/rac
56.
by almostkorean 5y ago
This is true for many NFTs but not all. For example, cryptopunks, autoglyphs, meebits only exist on-chain. Then there are NFTs like artblocks.io where the code to generate your NFT is on-chain and the output is determined by the transaction
57.
by almostkorean 5y ago
It’s common for NFTs to link to a URL or IPFS address. But there are NFTs that are completely on-chain ( https://www.larvalabs.com/autoglyphs ) and some that are mostly on-chain with off-chain dependencies ( https:/&#x2F
58.
by almostkorean 5y ago
In the same vein as this, David Bowie created an algorithm that generated lyrics and gave him ideas for songs https://www.vice.com/en/article/xygxpn/the-verbasizer-was-da...
59.
by almostkorean 6y ago
Sounds like a perfect fit for https://signals.numer.ai . If you have any questions there's an active chat community at https://community.numer.ai
60.
by almostkorean 6y ago
Their incentive is from getting a cut of transactions. And in theory, putting their items on blockchain would be more appealing to people spending money because blockchain makes them more permanent. The percentage of people that actually ca

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