everfree

61 ms·

661.
by everfree 5y ago
Unless you think the price dipped because everyone was ignorant of that yesterday but all collectively realized it today, this comment isn't really timely or novel.
662.
by everfree 5y ago
> And Gwei almost hit $1k! You mean Ethereum gas prices almost hit 1k Gwei? > None of the proposed eips do anything to de-incentivize "surge pricing" in mining rewards during "bank panics". I'm assuming that y
663.
by everfree 5y ago
Ethereum's rollup-centric roadmap explicitly tries to push code out of the consensus layer into the smart contract layer, in contrast with other chains that try to make the chain's entire feature set monolithic in a single protoco
664.
by everfree 5y ago
Those 3rd party L2 providers are inherent to Ethereum's scaling roadmap. No need to ossify them or integrate them tightly with the protocol layer, they can remain modular and in free market competition on the smart contract layer.
665.
by everfree 5y ago
But like PoS, PoW returns all spent resources and more back to the miner - both are designed to be profitable and self-sustaining. I don't see much difference between a PoW mining setup that does $1000/day gross, $990/day exp
666.
by everfree 5y ago
But you don't have to pay bank fees, and you have access to global payment and smart contract networks. It's all trade offs.
667.
by everfree 5y ago
> The difference in Proof of Stake is a lawsuit could force the distributor of the software to change the hash to one where coins weren’t stolen. In Proof of Work, a lawsuit could force the distributor of the software to hard-code a tran
668.
by everfree 5y ago
You can have a cryptocurrency wallet with money denominated in USD or Euros, too (asset-backed stablecoins).
669.
by everfree 5y ago
In practice, rollups can offer better finality than ethereum's base layer by using a bonding scheme. Basically, a rollup provider can sign a message that says "I promise that this transaction will become finalized, otherwise I for
670.
by everfree 5y ago
Robert Leshner backpedaled on that statement later that same day, telling everyone that what he said was "bone-headed". > I'm trying to do anything I can to help the community get some of its COMP back, and this was a bone
671.
by everfree 5y ago
Ethereum Classic without the rollback still exists, the old history didn't go anywhere. You and anyone else are free to use it.
672.
by everfree 5y ago
Those are middlemen for fiat-to-crypto transactions. No middlemen are needed for crypto-to-crypto transactions like with fiat-to-fiat transactions, with the exception of physical cash.
673.
by everfree 5y ago
Sure you can. Create a new chemical and call it a "rare substance". It will probably get about as little traction as the long tail of 99% of the cryptocurrencies out there.
674.
by everfree 5y ago
> This is not the case with gold. Silver, platinum, palladium, rhodium, copper... Just as people have generally centered around gold, people have so far generally centered on Bitcoin. There's a great deal of other metals and a great
675.
by everfree 5y ago
It was a couple years ago, before 2020. Back then, I had an issue with delayed push notifications. I'll give it another try.
676.
by everfree 5y ago
Last time I tried Matrix the message delivery was unreliable and E2E was a second class citizen with some big compromises. Has it gotten any better?
677.
by everfree 5y ago
Are there any good paid alternatives to Signal? Looking for: Good UI, E2E, shared source native phone and desktop apps, group support, reliable push, easy setup. It seems to me that all the alternatives are either free and suffer from some
678.
by everfree 5y ago
> In practice this won't happen, because PoS coins don't deliver the same features (security, decentralization, permissionless) or the market doesn't believe they do. It's been what, 2 or 3 years since decent PoS desi
679.
by everfree 5y ago
I remember using Bitcoin to buy coffee in town back in the day (2014, 2015-ish). All the retailers stopped accepting it as payment due to the results of the scaling debate. Steam, WordPress, Microsoft and others. If its current design under
680.
by everfree 5y ago
I don't see any inherent moral issue with writing an employment contract that way. Of course as a developer, I would heavily discount the value of options designed to work like that - which Ethereum miners should have been doing this w
681.
by everfree 5y ago
> File coin has structural problems like you cant mine filecoin without first buying filecoin to stake Why do you consider this a structural problem?
682.
by everfree 5y ago
> Bitcoin has chosen consistency with its original principles Bitcoin was originally invented as a "peer to peer electronic cash system". The fees have made it impossible to use it as such for quite some time.
683.
by everfree 5y ago
Miners are contractors. They have no stake in Ethereum's long-term success unless they become ETH holders as well. Ether's price has risen exponentially. It doesn't make sense (and isn't necessary) to pay miners exponent
684.
by everfree 5y ago
The point of the difficulty bomb isn't to put a deadline on the developers, it's to prevent a situation where node operators get complacent and stop updating their nodes. It forces node operators to come to consensus on whether to
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by everfree 5y ago
> I think it's fair that if you've purchased specialized mining equipment, you expect the ROI you were promised. Doesn't seem strange. ROI was never promised. Ethereum has always had a "Minimum Necessary Issuance&quot
686.
by everfree 5y ago
Support for delegated staking is already here, it's just not widely used yet. The trick is that you specify a contract address as your validator's exit address, and that contract keeps track of who has partial "ownership&quot
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by everfree 5y ago
Here is a list of problems the blockchain space has improved, according to Ethereum founder Vitalik Buterin: https://www.reddit.com/r/Buttcoin/comments/oac9lc/the_charle...
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by everfree 5y ago
No.
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by everfree 5y ago
December 2021 is the optimistic estimate, Q1-Q2 2022 is the more realistic one, and the one I've been hearing lately from some people involved in the process.
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by everfree 5y ago
Due to the sheer amount of ETH that is off-market and unavailable for sale, I doubt one entity would be able to acquire a majority of it. If they can acquire a majority of only the active, staking ETH, then other big ETH holders can start c

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