whoisninja
whoisninja on Hacker News
Posted by
whoisninja on Monday May 08, 2023 @12:31AM
from the fiatjaf.com dept.
Posted by
whoisninja on Monday January 09, 2023 @11:28AM
from the nakamotoinstitute.org dept.
scam company peddling vc money grab tokens
sooner it goes bankrupt, the better it will be
there's no such thing as stuck Bitcoin on-chain tx unless you don't pay enough . fees and fees rn is around $0.50 to move any amount of value.
these altcoin casino companies are ridiculous
credit bubbles go pooof my friend
all valuations in speculative markets are covered in derivatives and credit/leverage
self-custody of a hard money cancels risky credit
this is what your profile says:
Researching and programming decentralised finance. The code is the law. #defi #solidity #python #vyper #opensource #infosec.
Gibraltar
i know what you doing in gibraltar, SEC might be interested to know
why does website says this: Login with your Phantom or MetaMask wallet directly into the app
MetaMask is ethereum non-sense
how's it decentralized if 70% of eth nodes are hosted and their software keeps hard forking(backward incompatible)
you're just relying more middle-man but giving false sense of p2p network to the end-user
no bueno
fyi before downvoting: this article's author works at bitcoin.com which is run by Bitcoin-cash people, it was an attack on Bitcoin that failed
read the book: the blocksize wars
how so?
also it doesn't impact Bitcoin, you can self-custody most of your wealth. Put what's needed to transact on lightning (checking account)
just curious, have you heard of lightning network ? try things out, try breez wallet. you can pay with lightning at McDonalds, Starbucks in El Salvador
rest of your claims about blockchain, privacy etc - are correct
the "Crypto" and "web3" is all scams
it's also a 70% premine token (exactly a security) just that they did it under a Swiss based foundation so SEC can't touch them "yet"
yes absolutely,
these VCs have scams like Ethereum which they claim to be p2p networks but all the people making money of this don't even know where the peers are on this p2p network.
The validation nodes run on handful of hosted nodes on a software(ethereum) that changes it's source code and make it backward incompatible all the time, making it centralized at both who develop that code AND the handful of nodes that run it.
a16z has no shame perpetuating these total scams.
Posted by
whoisninja on Tuesday December 21, 2021 @02:29AM
from the twitter.com dept.
- How to be free, Epictetus
- Sovereign Individual, Davidson
- Origins of Money, Carl Menger
- Operating Systems, Tanenbaum
Seneca and Epictetus literature never disappoint
ya it's a rube goldberg machine
where is the code being executed ? hosted nodes or real peers in a "p2p" network?
why does it hard fork so much and make prior clients incompatible? why do they have a monetary policy? isn't that what fiat currency is?
Bitcoin is decentralized, 13,000 nodes - mostly residiential nodes, not hosted.
You're assuming too much.
even your L1 is 70% hosted nodes , why not just run an api on a trusted company's servers that verifies your balances using pub/priv keys and signatures
you guys are up for rude awakening when this rube goldberg machine bricks
are you aware of issues around MEV? and how it will centralize further with proof of stake and with staking derivatives?
congrats for being one of the minority 20% residential nodes
btw is it archival node or what?
web3 is BS
everything runs on centralized servers, where are the peers in these p2p networks?
that's like 2.5 days worth of supply lol
the govt loves to gaslight
Guy running a casino where the house is bunch of VCs and himself and retail are the losers
calls SEC behavior sketchy haha