rfd4sgmk8u

16 ms·

61.
by rfd4sgmk8u 5y ago
I think most people would prefer if all fossil fuel fuel sources could be replaced by sustainable non-polluting alternatives. How energy is produced and the sustainability of supply is of great importance to the miners. > Can Bitcoin sur
62.
by rfd4sgmk8u 5y ago
EVM based chains, like Ethereum and Binance Smart Chain require a token to meter usage of smart contract calls.This is called 'gas'. Complex calls require more gas. The gas price (acting as a price auction on transaction priority)
63.
by rfd4sgmk8u 5y ago
Rehypothecation, Leverage, Derivatives and Debt. Absolute Numbers are meaningless, kind of a fantasy really, and only impact most economic players locally and within the respective market. Occasionally the thing falls apart because there wa
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by rfd4sgmk8u 5y ago
It is all human psychology plays, even Bitcoin, but where Bitcoin is different, and the answer the the parents question is: Yes, there is zero barrier to creating a new cryptocurrency. Thus, we must look at the effort, or energy that is goi
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by rfd4sgmk8u 5y ago
Same. But then you look deeper and you see.. more scams.. and then a little deeper, and you see.. big things. BIG things. https://defillama.com/ tracks how much money is floating around in the defi and token space. 2 years
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by rfd4sgmk8u 5y ago
There is a bscscan comment from 5 months ago that links to a post from 8 months ago that contains the url, https://www.reddit.com/r/CryptoMarkets/comments/naktrv/the_p... so it must have been somewhat pu
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by rfd4sgmk8u 5y ago
ESNI is our best hope. Every channel must be indistinguishable from random noise. https://www.cloudflare.com/learning/ssl/what-is-encrypted-sn...
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by rfd4sgmk8u 5y ago
Actually making the token, Difficulty level: trivial to easy depending on route taken. I would suggest looking at: https://docs.openzeppelin.com/contracts/4.x/erc20 https://docs.polygon.technology/
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by rfd4sgmk8u 5y ago
Supply, like the number of tokens and the number of tokens available on an AMM, which I mentioned? Also its a made up word. I accept that this is not a deep dive, but more of some crumbs that people might be interested in following. You are
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by rfd4sgmk8u 5y ago
doh. missed that. guess i wasted 15 seconds checking on etherscan and polygon scan. :-)
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by rfd4sgmk8u 5y ago
No, don't downplay it. Internet censorship is internet censorship. It is unacceptable. You are being told what you are not allowed to see. The pirate bay has absolutely no material that infringes any copyright holder -- it hosts magnet
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by rfd4sgmk8u 5y ago
I do realize that anyone can create an ERC20 token and publish it to BSC or any EVM chain. Hopefully folks are deriving their solidity contracts from the OpenZepplin Contracts library. A message with that address is published on the website
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by rfd4sgmk8u 5y ago
For folks that are living under Internet censorship regimes, would you be able to bypass these blocks by changing DNS servers? The idea being that you can have a local :53 resolver on your network, and resolves these names over an encrypte
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by rfd4sgmk8u 5y ago
Hmmm.... lets have a look at the tokenomics: This token exists on Binance Smart Chain, a code fork of Ethereum that uses a Proof Of Stake system run by Binance, one of the largest exchanges in the cryptocurrency industry. It implements the
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by rfd4sgmk8u 5y ago
Let me give you another perspective. Some rich dude spends $300k on physical security. That hires 3 guys with guns that are at his side at all times. Suddenly, due to bad business decisions, rich dude has 500 people that want to see harm co
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by rfd4sgmk8u 5y ago
I very much disagree. I think the relationship is fairly obvious: https://usdsat.com/ You may not be familiar with the history: "The central bank must be trusted not to debase the currency, but the history of fiat curr
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by rfd4sgmk8u 5y ago
That is not a good analogy -- Current and Voltage are related by ohms law. The energy costs are not related to the number of tokens, how often the tokens are traded, who made the tokens or who sold them.
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by rfd4sgmk8u 5y ago
That is my point. NFTs are just luxury items for conspicuous consumption. They exist so people can brag and show off. That is their value to the world. The new luxury brands for the nouveau riche. As a person that very much dislikes conspic
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by rfd4sgmk8u 5y ago
Its also wrong, and measuring the wrong thing. A single ethereum tx costs a few watts of CPU time to generate and sign the transaction (less even), and a few watts to broadcast to the mempool via your internet connection. Maybe add a few wa
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by rfd4sgmk8u 5y ago
That is a second order effect at best. The loose fiat monetary policy of States also drives the price of cryptocurrencies -- far more so. Is this also to blame for the energy usage of Proof of Work? I would say it has a bigger effect on fix
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by rfd4sgmk8u 5y ago
I mean, they are, and I agree, one is a sucker if they buy them. But I could say that same about any luxury goods. 'Patek Philippe Watches are terrible and anyone that buys one should be ashamed of themselves'. Now, wanting a worl
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by rfd4sgmk8u 5y ago
The environment argument is technically incorrect, and typically used by ignorant people as it is a good emotional argument. There could be 1 or 10000000 NFTs, it makes no difference to the energy usage of the Ethereum network. The energy u
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by rfd4sgmk8u 5y ago
That is where Dandelion routing and anonymity networks comes in. A global passive observer could track cleartext transaction hashes and flag the first IP seen broadcasting them. Bitcoin peer-to-peer CAN support Tor for transaction routing.
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by rfd4sgmk8u 5y ago
I recommend dollar cost averaging over time to 'stack sats'. You can probably never get back to your original position if you sold, but you can try. I also bought then, I continue to buy now. I will buy in the future. Regret every
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by rfd4sgmk8u 5y ago
Many many years ago. The initial designs for Bitcoin had a 'pay to IP' feature, probably to approximate traditional banking IP to IP transfer. It has not existed for almost 8 years now. "This feature has been removed from Bit
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by rfd4sgmk8u 5y ago
No, it does not. Transactions also do not contain IP addresses. Some chain explorer will track 'first seen IP', eg: the first IP that relayed the transaction, but this does not mean the sender. Same deal with blocks -- you can see
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by rfd4sgmk8u 5y ago
While these 3 things are quite old, the blending of these technologies -- to create censorship resistant, trustless, eternal, decentralized peer to peer ledger that cannot be altered is actually quite new and interesting. It shifts the enti
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by rfd4sgmk8u 5y ago
Actually, this is not correct at all. Every Bitcoiner I know thinks (most) NFTs are a scam, a grift, a fad... If you said "Cryptocurrency" enthusiasts, sure. But Bitcoin.. Bitcoin is something else.
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by rfd4sgmk8u 5y ago
What do NFTs have to do with Bitcoin?
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by rfd4sgmk8u 5y ago
Fair enough, I agree with you there. CVSS(v2/v3) can be subjective and can change when new information comes to light.

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