spir

9 ms·

91.
by spir 4y ago
At a high level, reduced transaction costs (paradoxically, given Ethereum's reputation for high fees), an inherently global market, and state-of-the-art financial services and property rights management, especially because of the rapid
92.
by spir 4y ago
As somebody who has studied crypto full-time for years, here's an opinionated list of things that I wish was more widely understood about crypto - BTC is a trash-grade asset because it's practically useless and proof of work is ex
93.
by spir 5y ago
Mostly True: "planet incinerating, fraud enabling, money laundering, rogue regime financing" Totally False: "fake tech breakthrough called "crypto""
94.
by spir 5y ago
Thanks, I hadn't seen that site. In my view, this site is strong evidence for the thesis that demand for GPUs will plummet, here's why: 1) If we tweak your link to sort by Market Cap, we can see the next biggest coin to mine after
95.
by spir 5y ago
I will be one of them :)
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by spir 5y ago
Absolutely! Please see this Polymarket prediction market on "When will Ethereum switch to proof of stake?" https://polymarket.com/market-group/ethereum-merge-pos
97.
by spir 5y ago
That's fair, what if another PoW coin gets really popular? The good news here may be two-fold 1) the existing group of public chains have matured greatly and their network effects are quite strong now. It is no longer so easy to start
98.
by spir 5y ago
Please see my other answer to a sibling comment https://news.ycombinator.com/item?id=30490897
99.
by spir 5y ago
I have been full-time on Ethereum for years, I'm a software engineer, and I have a relatively intimate knowledge of the specific milestones the community has been achieving and why that implies that proof of stake will ship this year.
100.
by spir 5y ago
Note that Ethereum is switching to proof of stake this year, almost surely before Q4. It's true that this upgrade has been coming for years, and it's also true that it's actually arriving this year (if interested, see https:
101.
Chris Dixon: How Web3 data portability reduces the power of centralized services(twitter.com)
2 points by spir 5y ago|0 comments
102.
by spir 5y ago
I think somebody smart enough to invent Bitcoin seems likely to have been smart enough to mine coins on a separate account, knowing he would never be able to touch the genesis wallet. I think Satoshi is alive and well and enjoying his riche
103.
by spir 5y ago
- maybe do a fun, small coding side project - possibly your thoughts and feelings might be hormone-related. If male, consider getting T checked? - optimistically, maybe you have built such a strong team that you doubt yourself in their cont
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Ask HN: Private Alternatives to Alexa?
224 points by spir 5y ago|156 comments
105.
The state of the art of modular blockchain architectures(vitalik.ca)
2 points by spir 5y ago|0 comments
106.
by spir 5y ago
I don't have stats on that, but I'm sure the StarkWare community would love to help - a recent tweet by StarkWare President Eli on some performance stats https://twitter.com/EliBenSasson/status/1467161132
107.
by spir 5y ago
StarkNet is a turing complete virtual machine built on top of zero-knowledge proofs. The output of any StarkNet program can be transformed into an extremely succinct zero-knowledge proof. This proof generation process is quite costly. But t
108.
by spir 5y ago
I'm curious, could this be a realistic and cost-effective weapon for, for example, militias in third-world countries?
109.
by spir 5y ago
This book changed my software career "Developer Hegemony" https://www.amazon.com/dp/B0722H41SG
110.
by spir 5y ago
Let's adopt patio11's criteria to a programmable public blockchain, like ethereum - Customer UX: crypto wallets built into browsers and phones. Connect your wallet to any webpage to pay. Or, tap your phone to pay via a crypto paym
111.
by spir 5y ago
I think you're right that the lack of fractional ownership undermines what should be the primary benefit of the crypto + DAO model. However, I think they aren't doing the fractional ownership to avoid running afoul of securities l
112.
Show HN: Students: my advice for industry-bound software undergrads(gist.githubusercontent.com)
1 points by spir 5y ago|0 comments
113.
by spir 5y ago
You're most welcome! I'd be happy to discuss this with anybody interested. The best way to reach me is via twitter DM https://twitter.com/ryanberckmans
114.
by spir 5y ago
You're right that ethereum's fees are extremely high, and they will only get much higher. That's because, heading into the future, ethereum isn't intended for direct use by end-users. End-users may expect to use ethereum
115.
by spir 5y ago
I'd be interested to know patio11's updated take on the long arc of crypto. As a crypto person, it's cool to see how the benefits he describes-- eg lower transaction costs, embedded finance, and novel items such as bundling r
116.
by spir 5y ago
Twitter is extremely important in the crypto industry. But, twitter isn't just the "HN" of crypto. r/ethereum may be closer to the HN of crypto. In crypto, Twitter is the town square, the watering hole, the stadium, the
117.
by spir 5y ago
Yes, I think you're right, it was a pilot https://www.forbes.com/sites/ninabambysheva/2021/03/29/visa-... I'm not sure if that means the pilot was discontinued or what amounts of money wer
118.
by spir 5y ago
My remark was merely a rhetorical device :) I am widely published inside the crypto industry on twitter and on a few podcasts over the years. For example, here is an episode on the many present & future uses of NFTs (episode requires a
119.
by spir 5y ago
I think that's fair because right now, most or almost all crypto apps are circular. Yet, I have found it useful to try and separate the fundamental innovations from the current set of assets being manipulated. Here is a partial list of
120.
by spir 5y ago
For example, Eco is a non-crypto app that seeks to compete with CashApp, Venmo, and Apple Pay. Although Eco is a fully non-crypto app, it is built on top of crypto rails. Eco offers its users greater savings rates than traditional banks by

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