xur17

59 ms·

691.
by xur17 5y ago
Maybe - ETH staking was specifically setup with incentives to encourage self hosting as much as possible (downtime penalties are tiny, especially if they only comprise a small portion of the network). There are some "decentralized&quot
692.
by xur17 5y ago
If the rule is > $100k, can't businesses just continue reporting everything > $10k until they get around to updating their systems?
693.
by xur17 5y ago
But the stimulus payments were 1 off vs increases in annual salary, which makes it a lot harder to use it towards lifestyle inflation.
694.
by xur17 5y ago
Yeah, I'm confused as well. I've been using my yubikey for ssh auth for years now with github and other services.
695.
by xur17 5y ago
I hadn't heard of this before - do you have a link or something with more details?
696.
by xur17 5y ago
I definitely do think centralization is a risk of PoS over PoW. > It's not in the interest of Kraken or Coinbase to disrupt one of these PoS networks, but there is some barrier to entry for staking ETH2 or other PoS coins on your ow
697.
by xur17 5y ago
This. Every single article and discussion about this "problem" always uses base chain transactions as the divisor for the energy cost per transaction. The average Bitcoin transaction [0] is ~$500k right now. The protocol made a co
698.
by xur17 5y ago
> but crypto mining is just competitive, so the value of mining will go up with the cost of energy and keep using as much energy as ever. That is not true. If the cost of energy increases, mining / hash rates will decrease. Miners a
699.
by xur17 5y ago
> Bitcoin is operating at capacity and has shown unwillingness to adjust capacity, so the "kWh/tx" is valid for Bitcoin. Bitcoin's layer 1 is operating at capacity - different networks make different tradeoffs. Bitcoi
700.
by xur17 5y ago
I was going to comment on this as well - different coins made different decisions on how to scale their blockchains. Some have an expensive base chain with the intent of moving most transactions to layer 2. Some have a cheap layer 1 with lo
701.
by xur17 5y ago
This is mostly true, but a number of tokens actually do generate an income in the form of fees, inflation rewards, or a combination of the 2. For example, ETH can earn staking rewards, and post ETH2 merge, will also earn transaction fee rev
702.
by xur17 5y ago
The proof of stake chain is running in production with $16B staked in it.
703.
by xur17 5y ago
Some interesting timing [0]. [0] https://www.reuters.com/business/sustainable-business/exclus...
704.
by xur17 5y ago
Do you plan to sell the prebuilt systems with linux preinstalled (or with no OS)? I have no desire for my money to go to Microsoft, and no desire for Windows, but the prebuilt model is intriguing to me.
705.
by xur17 5y ago
That's honestly one of the parts I'm most intrigued by. It would seem that he would owe income tax for the airdrop (not sure what the "price" for the airdrop would be though, and if it's anywhere near the current pr
706.
by xur17 5y ago
> A big part of the upside of this will be cheaper rents for the rest of us, because right now, ultimately, real estate owners just pass the property tax responsibility to us in the form of higher rents. In the short term, maybe, but in
707.
by xur17 5y ago
That said, it makes me really hate paying with cash (because then I have to deal with a lot of random change).
708.
by xur17 5y ago
But you also aren't putting your airconditioner / heater into "away" mode since you are home all day.
709.
by xur17 5y ago
Yes, please make this market so I can take the other side of the bet.
710.
by xur17 5y ago
You provide 100% collateral (really > 100% collateral) for the privilege of borrowing a different asset. For example, I could deposit ETH and borrow USDC against it to go buy something, or go make trades with. Or, I could deposit USDC an
711.
by xur17 5y ago
> From the moment computers were networked, more people wanted to do more things over those networks, and both infrastructure and underlying technology had to grow to barely keep up It's not exactly the same, but this rings at least
712.
by xur17 5y ago
Maybe, but as of now the ETH2 beacon chain is running with > $14B of ETH locked in it, not launching honestly seems unlikely at this point.
713.
by xur17 5y ago
> And the eth (and who knows how many other coin) crowd certainly does still mine on gpus. And is actively on the path to proof of stake.
714.
by xur17 6y ago
Thank you, this was helpful - I didn't realize (but now that I read it it makes sense) that drivers could still be employees with part time (few hours a week) work. I wonder how much of those costs are fixed vs variable (based on how m
715.
by xur17 6y ago
It doesn't work as a status symbol at a dinner party, but I'm not sure that's necessarily the target market someone buying an NFT is trying to impress.
716.
by xur17 6y ago
I might agree that general stock market prices are quite high, but arguing that "they went up 15% in 6 months" doesn't seem particularly strong. That has occurred historically, and doesn't automatically mean it's ov
717.
by xur17 6y ago
This is one thing that confuses me about the drive to classify Uber drivers as workers. Admittedly anecdotal, but when chatting with drivers, it seems like a fair number drive part time to make some extra money. I don't think they real
718.
by xur17 6y ago
For transferring bitcoin?
719.
by xur17 6y ago
If you're transferring $600k, use a hardware wallet, not a web wallet.
720.
by xur17 6y ago
> In Auckland, New Zealand, average capital gains exceed $40,000 per month. Land banking is incredibly lucrative. On what property value?

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