spir

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121.
by spir 5y ago
My pleasure! I'd recommend the Bankless podcast and newsletter https://newsletter.banklesshq.com/ https://podcast.banklesshq.com/
122.
by spir 5y ago
There's a large subset of the talented people on HN that were wrong about crypto years ago-- they couldn't see that the casino and the innovation are, unfortunately, inseparable-- and many now cling to their original incorrect poi
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by spir 5y ago
I'm with you, where are the actual applications? I'd say this criticism was mostly fair up until about two years ago. Within the last two years, the actual applications have flourished. For example, have a look through this list
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by spir 5y ago
Visa uses Ethereum mainnet today (for about 6 months or more?) to settle obligations between a small subset of their merchants whose businesses are in crypto.
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by spir 5y ago
Crypto "expert" here. We will have a catastrophic crash, it's normal and natural. But, the tech is here to stay and is 100x better than existing solutions. Crypto is changing the world, one crash at a time :)
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by spir 5y ago
I attended this conference in person in 2019. It's an excellent conference! There may be no more serious group of practitioners of applied procedural generation in the world.
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by spir 5y ago
Note that DeversiFi uses StarkWare's StarkEx Ethereum scaling technology, and does so in off-chain data mode. This means that Ethereum transaction fees for DeversiFi's end-users are extremely small because they use almost no margi
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by spir 5y ago
As anecdotal and loosely related point, in the ethereum community we think that the unprecedented rapid pace of innovation is largely attributable to the need for smart contracts (and often their UIs) to be open source or users won't t
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by spir 5y ago
These kinds of non-level playing fields are what the ethereum community hopes to replace with open protocols and non-custodial property rights.
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by spir 5y ago
What a great article. I'd love to see this author adapt his work to ethereum and ETH. In my view, ethereum does not share the "hole in Bitcoin's heart". It's because ETH has real utility, as well as the foundations
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by spir 5y ago
It's true and sad.
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by spir 5y ago
Here's some info on Ethereum's apps: Today, two of the most promising app ecosystems are - Decentralized Finance (DeFi). Here's a community favorite 3rd party leaderboard for DeFi apps https://defipulse.com/
133.
by spir 5y ago
Cryptocurrency is not an abject disaster. Drew is right that proof of work mining is expensive and has serious negative externalities. Drew is also right that cryptocurrency, via its growth, hype, and decentralized and self-sovereign nature
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by spir 5y ago
Ethereum will likely switch to proof of stake later this year, or perhaps Q1 2022 at the latest. https://twitter.com/drakefjustin/status/1379052831982956547
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Ethereum: A Store of Value with Cash Flow [pdf](ethereumcashflow.com)
167 points by spir 5y ago|291 comments
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by spir 5y ago
Not for long https://twitter.com/zksync/status/1382244366023004161
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Add Crypto to IndiaStack(balajis.com)
2 points by spir 5y ago|1 comments
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by spir 5y ago
That's fair. Updating my original comment
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by spir 5y ago
EDIT: I fixed my ad hominem by adding detail As usual, Stephen's correct about the 42% and so mad about it that he's missing the 58%. Stephen's understanding of blockchain is only skin-deep. If we keep lionizing his articles
140.
by spir 6y ago
I work in the cryptocurrency industry. I perceive Stephen as being 42% correct, yet so angry about it that it'll take him another decade, or more, to appreciate the other 58%.
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by spir 6y ago
However, the horse struggles to be customer centric
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General Availability of Ethereum on Amazon Managed Blockchain(aws.amazon.com)
2 points by spir 6y ago|1 comments
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Yearn Finance's customers lose $11M in ethereum flash loan attack(rekt.news)
3 points by spir 6y ago|0 comments
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by spir 6y ago
Robinhood's behavior shows why blockchain-based finance, with its censorship resistance and permissionless participation, is the future. It's already the case that many of ethereum's DeFi apps can't betray users. Unlike
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by spir 6y ago
Stephen seems unaware of the fact that his objections to bitcoin are solved by ethereum. - bitcoin uses huge amounts of energy - bitcoin has no cash flow - bitcoin has no use cases vs. - ethereum consumes ~100% less energy via proof of stak
146.
by spir 6y ago
The humanoid robots are so agile. It's incredible. Going to start saving up for my Google Deep Mind Boston Dynamics personal home assistant.
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by spir 6y ago
One answer to this question is that Ethereum will soon become a "real investment" because fees will accrue to ETH holders and the huge expense of electricity-intensive proof of work mining will be discontinued forever. Here is how
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by spir 6y ago
You're probably right, and I agree with you. However, in this case, the US healthcare system is so terrible and, in some respects, evil that I'm glad Amazon is working to disrupt (what'll probably end up being) large portions
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by spir 6y ago
As an American resident, I couldn't be more excited for Amazon to disrupt the reprehensible anti-customer practices endemic to the US healthcare system. Recently, I had a runny nose and no fever and thought, "what the heck, let&#x
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by spir 6y ago
I wonder if AMZN stock has priced in the possibility, perhaps likely outcome, of tens of millions of Americans getting a substantial portion of their healthcare through "Prime Health" within ten years.

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