eudoxus

8 ms·

31.
by eudoxus 4y ago
This is where projects should be more strict about operating (in some sense) as a DAO, with transparent voting and resourec/fund allocation based on proposals. Even if its a "centralized" single organization like Terra Labs o
32.
by eudoxus 4y ago
The beautiful irony would be if he was cashing out and holding all these "laundered" funds in Luna/UST. I guess time will tell.
33.
by eudoxus 4y ago
Exactly, general rule of thumb: One shouldn't deal in absolutes ;).
34.
by eudoxus 4y ago
I'm all for questioning the validity of certain code patterns, but there's some issues with this post. Functional Options (or config/option initialization) shouldn't really ever happen in a "hot path" where per
35.
by eudoxus 4y ago
There's many channels/groups where the validators coordinate and communicate for all kinds of chain related activities, tasks, upgrades, etc. Actually, the Putin analogy is basically exactly what happens. Putin pushed the "re
36.
by eudoxus 4y ago
Because we can send emails from Australia to Macedonia for free. I think the point they're trying to make is the current (lack of?) Global financial system is a joke. Crypto is enabling something that has the value and utility of &qu
37.
by eudoxus 4y ago
It's safer cus there are hundreds of crypto exchanges that exist, in jurisdictions all over with varying levels of regulation or compliance. Many of which have run off with customer funds. You can always be sure that your funds are saf
38.
by eudoxus 4y ago
I'm curious what makes this a centralized action? Many independent (decentralized?) entities debated and used social consensus to come to the decision to halt the chain to isolate further potential damage. Like them or hate them, I&#x2
39.
by eudoxus 4y ago
If we're going to shit on crypto, can we at least be accurate in our statements. The validators of the Terra chain halted it. There's no switch that Kwon as an individual can flip.
40.
by eudoxus 4y ago
Luna didn't go to zero because the whole crypto market woke up and realized that was no intrinsic value to it. If it did, it never would've got as big or lasted as long as it did. There was an explicit attack that crippled the p
41.
by eudoxus 4y ago
To be fair, you are comparing a cryptographic algorithm to a consensus (leader election) algorithm. Not exactly apples to apples
42.
by eudoxus 4y ago
Technically you could've still sold it even when the chain was "halted", since there were still a few exchanges that kept their various Luna markets open, and centralized exchange trades happen off chain. The problem was that
43.
by eudoxus 4y ago
You are somewhat correct in that yes most crypto is not private. However this isnt a binary state, often pseudo-anonymity (which most crypto can do) is sufficient. Except to a well informed person with the proper tools, its difficult to
44.
by eudoxus 4y ago
> Crypto can be either a currency or a volatile investment, not both. The gold standard famously linked the price of gold with our currency, and it forms part of the reason the Federal Reserve didn't act to stop the Great Depression
45.
by eudoxus 4y ago
> You can always (if they have the cash on hand) swap 1 USDT for 1 USD Exactly, until you can't as I outlined. The price on a randombook is a function of many things, including "percieved" risk. Its also a function of li
46.
by eudoxus 4y ago
Made a similar comment on other sections of this post but I'll reiterate here as well. Most (not all) of these stable coins are asset backed. If they can "prove" they have the 1:1 reserves OR there is a readily available &quo
47.
by eudoxus 4y ago
Thats not really how it works either :). If you and I both agree to trade 0.000001BTC @ a price of $1,000,000/BTC, meaning the total value of our trade is $1, and we both know that the supply of bitcoin is 19,000,000 coins. Does that m
48.
by eudoxus 4y ago
"when exiting positions in the market" this statement applies only if you exit using tether.io. You can always (if they have the cash on hand) swap 1 USDT for 1 USD. They can't make that guarantee for <insert random exch
49.
by eudoxus 4y ago
Exactly. Its not even like it "technically" depegged. Just because two ppl on the internet happened to agree to trade it for $0.95 instead of $1 on tether.io doesn't mean its value isn't actually $1. Mind you, I'm n
50.
by eudoxus 4y ago
Not in this case. With Tether, you can "always" (so long as they are willing the to shovel the cash) convert 100K USDT for 100K USD on tether.io. What we often see here in terms of the "price" fluctuating, actually has t
51.
by eudoxus 4y ago
"stablecoins in general" doesn't really apply here since the two in question work radically different. Collateralized vs Algorithmic. Theoretically the Terra UST stable coin didn't need reserves to keep the peg at $1
52.
by eudoxus 4y ago
The problem here is that the country with the most guns (largest armies) gets to define what a "productive citizen" is. So the parent comment still stands.
53.
by eudoxus 4y ago
This is exactly why Coinbase does have its own asset back reserve stable coin called USDC. Well, to be specific, its a consortium of companies to which Coinbase is on of. As you described, theyre incentivized to properly hold and maintain
54.
by eudoxus 5y ago
We just had a Federal election though? :/ Unless you are referring to this toothless promise made prior to the election in question, and now they're happy to follow that as it won't actually change anything.
55.
by eudoxus 5y ago
Rob Pike quantifies your sentiment as "Orthogonal Features"[0][1], which isn't necessarily equivalent to "simplicity of feature set". But I do understand what you meant. I think in this context tho, developer ergono
56.
by eudoxus 5y ago
As many have replied, the available levers for 'GC-tuning' in go is almost non-existent. However, what we do have influence on is "GC Pressure" which is a very important metric we can move in the right direction if the a
57.
by eudoxus 5y ago
IANAL but from what I know about Mongos current license (Server Side Public License) the restrictions of section 13 only apply if you are making a service with the express interest in providing DB functionality directly to your customers&#x
58.
by eudoxus 5y ago
well at least you're not making sweeping generalizations with no references/citations/sources on a field of research you admittedly aren't a part of...
59.
by eudoxus 5y ago
$75 is a notable monthly fee for this, but its also important to remember all the other stuff that comes with Level 2 Boost for a server, and that its not a sole cost just for threads. As for managing a support server and the channel clutte
60.
by eudoxus 5y ago
It wouldn't make too much sense to run a distributed raft-based SQLite system in its entirety in a browser (via WASM). However, you can run an individual SQLite instance in the browser (via WASM) using this: https://sql.js.o

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