yokem55

15 ms·

121.
by yokem55 4y ago
Bitcoin-core is currently about 97% of bitcoin nodes. Geth is about 80% of ethereum execution layer nodes. But the bigger difference is cultural - alternative clients are a core part of ethereum's development culture and is actively su
122.
by yokem55 4y ago
One of the main reasons it went through is because there was 'only' one losing party - the hacker, and multiple winning parties (developers and investors in the DAO). A couple years later when the parity mutlisig was hacked such t
123.
by yokem55 4y ago
No. The switch to POS is entirely a socially initiated hard fork being built by Eth holders, users and developers. The miners who don't want to play along are effectively being fired. And there is a lot of economic incentive to get tha
124.
by yokem55 4y ago
There are numerous instances where Buterin's suggestions have not been just accepted at face value. He's an influential voice, but is no dictator.
125.
by yokem55 4y ago
It's roughly what the 2017 all time high was. The meme was that it wouldn't matter at what price you bought your BTC because if you just wait long enough you would eventually be green again. But, with dipping below 20K now, folks
126.
by yokem55 4y ago
Undercollateralized algorithmic stablecoins that use their own issued coin as a '1:1' collateral don't work because they depend on ponzi growth to maintain the illusion of it working. Overcollateralized algo stables such
127.
by yokem55 4y ago
Which would either require an in protocol slashing event or a hard fork. In which case the fork with the broadest legitamacy would prevail (see the events around the Steem/Hive hard fork). Blockchains cannot escape being fundamentally
128.
by yokem55 4y ago
Yeah, the most obvious externality of an ethereum validator is a few megabits of sustained internet traffic that makes it difficult to run on capped internet services. Otherwise it is just a matter of being able to buy the eth, setting up t
129.
by yokem55 4y ago
The demand for DAI comes people who want to repay their DAI denomonated debt to unlock their collateral or stave off liquidation, or from liquidators who need DAI to participate in a liquidation auction that happens if a vault holder's
130.
by yokem55 5y ago
The registration fee that is paid to the ens dao varies on length. Shorter names are much more expensive. But for 5 characters or more, its 'only' $5 per year. What is expensive is the gas fees to claim the name, mint the NFT to c
131.
by yokem55 5y ago
You can sync a full ethereum node (all blocks with all transactions and fully verified current state) on a rasberry pi with a 1TB ssd. With 3TB of ssd space, you can even have an archival node (the above, but with all the state history chan
132.
by yokem55 5y ago
Sure - They have a novel BLS signature aggregation that allows for a much larger number of participating validators (roughly up to 1M) then other POS systems that top out at a couple thousand. - It's slashing mechanism creates 'e
133.
by yokem55 5y ago
LXD (Canonical's daemon/API front end to lxc containers) is great -- as long as you aren't using the god awful snap package they insist on. The snap is probably fine for single dev machines, but it has zero place in anything
134.
by yokem55 5y ago
Ethernodes is known to be inaccurate [0] and is missing a lot of nodes because they can't index nodes that are maxed out on peers or are behind NAT and can't accept incoming connections from nodes they haven't connected to
135.
by yokem55 5y ago
So, tornado only takes Eth. They could have used something like wbtc, to bridge the bitcoin to Ethereum and then swap to eth to run it through tornado. But wbtc is a custodial wrapping service that would require kyc. There are other wrappin
136.
by yokem55 5y ago
Social recovery with friends usually needs something like 3 of 5 or more to effectuate a recovery. So your friends would have to effectively collude with each other without any of them tipping you off about the plan.
137.
by yokem55 5y ago
There are multisig social recovery wallets where one party or a group of parties is trusted to help you get regain access to the account with a new signing key. Gnosis lets you do this with arbitrary friends of your choosing. Or if you&#x27
138.
by yokem55 5y ago
There were some denial of service issues that on Ethereum during the March 2020 crash that caused Maker DAO to have some Zero bid liquidations and the protocol had to mint and sell off some of Maker's token to keep all the issued DAI p
139.
by yokem55 5y ago
To retain the price exposure of the asset worth 200k while avoiding selling or spending it.
140.
by yokem55 5y ago
OpenSea does delist nft's for DMCA issues. They require folks filing DMCA requests to fully dox themselves to keep competitors from griefing projects that aren't violating anyone's copyright, but they do respond on it.
141.
by yokem55 5y ago
Thank you! This is exactly what I've been looking for!
142.
by yokem55 5y ago
Yet another terminal that insists on having its own terminfo. This isn't a big deal if you only need to interact with a few machines via ssh, but when you are working with 100+, including networking gear that has no hope of using a cus
143.
by yokem55 5y ago
The end game on this is that there will be browsers that support ad blocking and browsers that don't. Content vendors will go all out on blocking users that don't use their preferred mandatory ads browsers, and the 'web'
144.
by yokem55 5y ago
It's $5/yr in eth for the actual registration fee. The problem is that the transaction fee gas to register and maintain that registration is steep. So it's fairly common to register your ens for multiple years to save on gas.
145.
by yokem55 5y ago
Sure, but users don't have to pick. They could choose to recognize their eth on one chain and USDC on the other, just long enough to cash out their USDC for real USD from the forked chain (as long as Circle/Coinbase has liquidity
146.
by yokem55 5y ago
There are a couple things that the author misses about externally collateralized stablecoins and their ability to dictate or veto hard forks. First the stable coin issuers would would have to collude with each other to have any chance of s
147.
by yokem55 5y ago
Solana, beyond the extreme hardware requirements to run a node, is deeply economically centralizing. It's more or less a standard delegated proof of stake stake system with one nasty twist - validators have to pay transaction fees to v
148.
by yokem55 5y ago
Circle makes money on the yield they get from the treasury bills they hold. If US treasury bills crash, the stability of USDC will be the least of our worries.
149.
by yokem55 5y ago
Sure, they could be sold simply because the technical implementation of the token allows it. In practice though, there really is no market for them any more then there is a market for boy scout badges.
150.
by yokem55 5y ago
It's a one time bridge. Bridge once, and then the transactions with the funds you have on l2 can be traded or borrowed against for vastly cheaper then mainnet. If you want or have a need to add more funds to trade with, then it's

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