arberx

19 ms·

181.
by arberx 5y ago
Just because there isn't a solution/implementation currently, doesn't mean there won't be.
182.
by arberx 5y ago
A centralized goverment is one mechanism of enforcement yes. No reason there can't be others. One that doesn't require blind faith/trust. Arguably police are decentralized mechanisms of enforcement, no reason to formalize tha
183.
by arberx 5y ago
There can be mechanisims for recovery. Social recovery wallets, multi-sign wallets, DAOs all can be part of the solution to loss of keys. The question really is: is this all necessary? And are inefficencies/issues/costs with curre
184.
by arberx 5y ago
Stores aren't a great example. Let's take houses, where the buyer and seller both need a title company to validate and transfer ownership. This process is extremely inefficent, and costly. It's pretty reasonable to imagine a
185.
by arberx 5y ago
They solve the problem of centralized trust.
186.
by arberx 5y ago
Because no one was/is spending: https://fred.stlouisfed.org/series/M2V
187.
by arberx 5y ago
You can't compare stats unfortunatly. Every state had different policies. In Florida, where a vast amount of people go to vacation, out of town covid cases were not counted.
188.
by arberx 5y ago
To add to this, looking strictly at deaths, neglects the long term affects and people with severe but none-fatal cases. Not to mention the capacity issues associated with Covid. "cAsE fAtAliTy rAtE iS oNlY 1%" is a horrible metric
189.
by arberx 5y ago
The difference with COD skins being in-game vs on a blockchain is not only can you associate a universal identity to them (your wallet address), but anyone can see and trade for them anywhere. Maybe not the best example, but if you generali
190.
by arberx 5y ago
Your argument is: don't use the internet because electric utility providers are profiting off you.
191.
by arberx 5y ago
Very actual real utility here? What's utility to you? Is buying a in-game COD skin utility? Or how about roblox bucks? How about the trillion dollar derivatives market? All those things easily disrupted by DeFi.
192.
by arberx 5y ago
Centralization is a spectrum.
193.
by arberx 5y ago
There's no "integration" code-once your token is on the blockchain if can be traded on uni once there's enough liquidity. Using the network is not "skimming" transactions.
194.
by arberx 5y ago
What do you expect from Big Tech engineers? Honestly most peoples livelihoods are generated by working on extremely centralised, monopolistic services.
195.
by arberx 5y ago
Thankfully there are now DEXs which are super cool. uniswap.org
196.
by arberx 5y ago
3% for a trillion dollar company is a lot...
197.
by arberx 5y ago
"If only they did this!" -- that's not a solution. The goal is to prevent this from even being possible in the first place. There are very real challenges from inflationary monetary supplies in countries like Argentina, Turke
198.
by arberx 5y ago
Those are called natural monopolies. It's very difficult to put up network infrastructure.
199.
by arberx 5y ago
ngmi
200.
by arberx 5y ago
Preach!
201.
by arberx 6y ago
You sure? Thought it was in a failed state earlier? I think a block recently processed on OE, that's why it's showing as good. But yeah, don't think it's fixed yet.
202.
by arberx 6y ago
Back up and running: https://forkmon.ethdevops.io/ Might take a bit to sync
203.
by arberx 6y ago
To call this a ponzi scheme is pretty disingenious, probably great for views/clicks though. At the core a ponzi relies on guaranteed return, paid for by other investors. Just because you might not like or understand how something works
204.
by arberx 6y ago
Services on a public good, are different than a public good. The blockchain is a public good, the cost to use it is the gas cost. DEXs are a service, the cost to use them is the gas cost + fee. Investors who invested in the DEX, and made mo
205.
by arberx 6y ago
ENS and NFTs are what come to mind.
206.
by arberx 6y ago
While that might be the case currently, the capital efficency of DeFi is miles ahead of any traditional system.
207.
by arberx 6y ago
Yes, but this is solved by PoS. Also, there's https://libsubmarine.org/
208.
by arberx 6y ago
Yeah with DEXs and more traditional banks starting to offer crypto on/off ramps don't see coinbase being that essential anymore.
209.
by arberx 6y ago
You can host on IPFS and there would be no way to stop the service. Just the routing to it perhaps. But you can go a step further and use a ENS domain and point it to your IPFS site. Truly permisionless and decentralized.
210.
by arberx 6y ago
Pangolin is basically a uni fork, on a different network. Uni v3 on L2 solves some of the gas issues seen on L1.

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