carlosdp

12 ms·

91.
by carlosdp 4y ago
> All of which can be done without a blockchain Yea but it hasn't though, so maybe the incentive models a blockchain-based approach provides is what actually makes this practical, consider that. > without the massive environmenta
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by carlosdp 4y ago
By the definition of early investors, it already is. a16z is an early investor in this new venture, expecting at least a similar sized outcome.
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by carlosdp 4y ago
They also don't take a fee for usage. The component that takes a fee is the Relay network, which simply forwards withdrawals to wallets that don't yet have any currency (and therefore cannot pay the transaction cost of withdrawal
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by carlosdp 4y ago
The guy created a $4 billion business that changed the game for co-working spaces. He just made the mistake of convincing people it was a $47 billion company, and Soft Bank threw fuel on the fire. (and he did some weird shit with the IPO) W
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by carlosdp 4y ago
I'll name you several. Copied from another reply I made, here's some projects to check out: - Lens Protocol [ https://lens.xyz/ (one example implementation: https://lenster.xyz/ )] is an early socia
96.
by carlosdp 4y ago
As soon as consumers started onboarding to it, absolutely. On top of the other examples mentioned in this thread, it wasn't that long ago that the internet was plagued with pop-up scams left and right. We forget about it now because br
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by carlosdp 4y ago
The developers of Tornado Cash don't directly profit from its use (the article claims that erroneously), it's a fully permissionless immutable smart contract without a fee component. So this argument, while potentially valid, does
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by carlosdp 4y ago
That makes no sense and I don't think that lines up with liability. Every hammer maker knows some people use hammers as murder weapons. Their continued manufacturing of hammers obviously does not constitute a criminal act. This argumen
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by carlosdp 4y ago
Yea, it's better that they get payment tech from WeChat (China) instead, great call
100.
by carlosdp 4y ago
What "crypto people" are claiming Git is a blockchain? I usually see that claim from people trying to claim blockchains are nothing new, as in "git has existed forever, blockchains are dumb." This is a super low-quality
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by carlosdp 4y ago
> Also, in June—when the link says they began the investigation—it was publicly known Tornado was being used to launder money. If the developer kept working on it, they knew what they were doing. People keep saying this in this thread. I
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by carlosdp 4y ago
I said "apps and protocols", not games, and I literally explicitly agreed with your point in another point in my post.
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by carlosdp 4y ago
> dunno where 1000 came from, the spec plans for 200). The spec plans for 200, but that's a minimum I believe.
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by carlosdp 4y ago
There's a whole ecosystem of devs working on interesting stuff that have nothing to do with finance, they just don't get mainstream headlines today. Copied from another reply I made a few days ago, here's some projects to che
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by carlosdp 4y ago
For those interested, this is a site that predicts when the merge will happen based on the current hash-rate. Currently looking like September 15! https://bordel.wtf/
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by carlosdp 4y ago
> How does blockchain help with this? The problem isn't that there isn't a record of your purchase on a ledger somewhere, the problem is that the software environment in which your purchase is meaningful is no longer running. T
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by carlosdp 4y ago
The whole "play-to-earn" concept isn't actually that popular in web3 builder circles, in my experience. The companies that work on that just spend a ton of money on marketing, and Axie's valuation went so high for a whil
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by carlosdp 4y ago
I know this is a troll, but Tornado Cash literally provides a frontend that lets you prove where funds came from / went to auditors and law enforcement.
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by carlosdp 4y ago
> "Crypto can never be seamlessly mixed" > "The only way to mix is to generate a huge amount of noise" These are directly contradictory statements...
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by carlosdp 4y ago
> contract still live, i assume. i think it was governed by a DAO Just chiming in to make it clear that the protocols that have to do with the core service are not governed by a DAO and are fully immutable. Nobody can change or shutdown
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by carlosdp 4y ago
> It's not, though... any different from projects like Popcorn time being sued/shut down An OFAC sanction is orders of magnitude more serious than Popcorn Time being taken down via DMCA requests and lobbying. I don't think
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by carlosdp 4y ago
You could have said the same thing about Blender (open-source 3D modeling/animation software) a few years ago, and you would look like an idiot today.
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by carlosdp 4y ago
Money laundering is the act of hiding the source of funds from *illegal activity*, all my funds that I want to privately transact with are legitimately earned.
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by carlosdp 4y ago
What are you talking about my dude, every transaction you do with cash is inherently "private". Nobody is tracking your identity to that transaction. This is just a digital form of that.
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by carlosdp 4y ago
I don't know when or where that is from, all I know for certain is that for at least 2 years now, the contracts have been immutable and non-upgradeable, by anybody. Edit: also idk where you're seeing the governance component in th
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by carlosdp 4y ago
Having private transactions using a public blockchain ledger. It's the same as asking "why do people need E2E encrypted chat," because they want to and there's nothing wrong with them not wanting you to read their chats,
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by carlosdp 4y ago
No? "Money laundering is the process of concealing the origin of money, obtained from *illicit* activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source." [1] If the fund
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by carlosdp 4y ago
The Tornado Cash contract is immutable, there is no active governance component for that protocol. It isn't possible to stop it from functioning after deployment, except to stop the chain it is running on. The governance you are referr
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by carlosdp 4y ago
Yea there's a bunch! - Lens Protocol [ https://lens.xyz/ (one example implementation: https://lenster.xyz/ )] is an early social network built on top of Polygon. - Farcaster [ https://farcaster
120.
by carlosdp 4y ago
The ecosystem is largely adopting Typescript as the canonical way to write javascript applications now, and having types makes the code more readable. I feel like it makes a lot more sense for tutorials to show things in Typescript, which i

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