xur17

35 ms·

481.
by xur17 5y ago
OK, arguably a tiny about of risk from smart contract bugs in the flash loan code (but given the surface area of something like that, and such, it should be VERY small). The is exactly 0 risk from anything else though.
482.
by xur17 5y ago
Nexus Mutual offers insurance against smart contract hacks, coin depegs, custodial provider withdrawal issues, etc, and they've been operating fine for several years. The one advantage I really appreciate is the transparency it enables
483.
by xur17 5y ago
My most useful ones are honestly just spreadsheets. I made a "family debts" google sheet that we can input expenses into, and split amongst ourselves, and then use to optimally resolve debts between each other. It gets a ton of us
484.
by xur17 5y ago
I'm very curious to take a look at this. Built something similar a few years ago because none of the tax software sufficient accomplished what I needed. Mine takes a list of transactions + transfers, and allows me to audit the balance
485.
by xur17 5y ago
Just installed this in a dev cluster, and I'm ecstatic. Does a lot of what I've been looking for, including: * log of all traffic * service graph * automatic swagger doc generation THANK YOU!!
486.
by xur17 5y ago
My original view was that this wold be used for development and staging environments - is the idea that this can be used in a production environment as well?
487.
by xur17 5y ago
Yeah, in grad school I forced myself to learn vim + tmux, and it was definitely quite a few uncomfortable and slow weeks, but it has paid itself back in dividends since then.
488.
by xur17 5y ago
I do something similar, and I really do enjoy it for development. Being able to use mosh to shell into a fast development machine with high speed internet feels like a superpower. The time I put into learning tmux + vim was really well wort
489.
by xur17 5y ago
Yeah, basically. Most dental insurance I've seen has a "benefit maximum" [0], the maximum amount the plan will cover in a 12 month period, I've seen numbers from 1.5k to 3k for this. Since the coverage is capped, and cap
490.
by xur17 5y ago
What is TLA?
491.
by xur17 5y ago
> What if you didn't do _anything_ and your boss wants to fire you so badly? What if your boss fired you over Zoom randomly without any recourse? The same as what GP said "If my company starts dicking me around I'll quit a
492.
by xur17 5y ago
One version of a stablecoin is. There are lots of other forms (ex: algorithmic stablecoins) that are transparently backed by other assets that you yourself can audit.
493.
by xur17 5y ago
> It was just a 5 of 9 multi-sig where the security was very poor and susceptible to social engineering. Taking this a step further, the article mentioned that 4 of the 5 were under one companies control and compromised together. It woul
494.
by xur17 5y ago
> Maybe someone could invent the "FDIC" of crypto in smart contract form where everyone pays a periodic premium but if a hack occurs and there is consensus they get a payout. Nexus Mutual, and a few other on chain insurance pro
495.
by xur17 5y ago
> This is just a criticism of US banking, not 'TradFi' as a whole. Most countries have let you do the exact same thing for free or at a low cost out of your existing bank account, no overhaul required, for years. The EU has SEP
496.
by xur17 5y ago
Did you read the GGP? > One could say that the same is true in the US, but I believe the degree matters. Although the US government and intelligence agencies will and do try to overreach, there is a strong legal and cultural tradition of
497.
by xur17 5y ago
> The savings associated with transactions fees (reasonable for very large spends - utterly ridiculous for small amounts, even today after the major drops, at more than 1.7 USD/tx)? On mainnet ETH, sure, but that arguably shouldn&#x
498.
by xur17 5y ago
> Is the next move to convert it into a privacy-preserving coin like Monero, then back to "clean" ETH? I'm not sure there is enough liquidity in the Monero / ETH trading pairs to do something like that without being r
499.
by xur17 5y ago
I disagree. It's definitely a trade-off, and there are downsides to it (this security breach being a good example), but there are also advantages. With normal ACH and credit card transactions, the payment never really settles, and can
500.
by xur17 5y ago
Disputes can still be resolved like that in crypto, it's just up to the legal system to track down the key holders to revert the transaction. Essentially - solve it at the legal layer, don't complicate the protocol.
501.
by xur17 5y ago
My grandmother's phone company offers something similar (a simple "press 1 if you are not a telemarketer prompt), and it also eliminated the majority of spam calls, which is not what I expected.
502.
by xur17 5y ago
Bitcoin doesn't have to be everything to everyone to be useful.
503.
by xur17 5y ago
If I was looking for a stablecoin at the intersection of secure, seizure resistant, and well backed, I'd probably go with Liquity (LUSD). It's backed by ETH, doesn't have a dao or anything controlling it, and has been operati
504.
by xur17 5y ago
> Blocked my calendar after 6pm with an automated message clearly mentioning that it was night for me and ask the person to reach out about it and that if it’s a recurring meeting I simply won’t be able to attend. > It’s been 6 months
505.
by xur17 5y ago
It's worth giving this a read [0]. [0] https://80000hours.org/stories/sam-bankman-fried/
506.
by xur17 5y ago
At least in the US, I'm of the opinion that the government leaning into "stablecoins", and letting private industry launch several different versions of these is the best path forward (and most likely path).
507.
by xur17 5y ago
Fwiw, UST != USDT.
508.
by xur17 5y ago
If you have some time, this [0] is a pretty good write up of a number of different cefi lending platforms. The part I find most interesting is that most places lend to Genesis Trading to generate most of their return, in some cases also len
509.
by xur17 5y ago
I think the simplest explanation is that it's a VPN system with a "blockchain based" payment system such that anyone can be a user or a provider without have a central intermediary. I haven't dug into the specifics yet,
510.
by xur17 5y ago
> This is true only if you invest once in your life and then hold those assets forever. But if you invest every quarter then you can do TLH on those new lots individually. And since those new lots will keep coming, your TLH will always h

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