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0x64

HN member
Joined
Fri, Jun 28, 2019, 7:19 PM UTC
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414
Public activity
94 items

About 0x64

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Recent public activity

  1. comment
    Comment #42486016

    Ethereum operates under a permissionless proof-of-stake model, it has not been mineable since the Merge in 2022. There are obviously large staking pools (including decentralized po…

  2. comment
  3. comment
    Comment #39773501

    The names of SpaceX’s drone ships, such as “Of Course I Still Love You”, are from the Culture novels

  4. comment
    Comment #39233485

    The minimum staking amount is very close to zero. Of course, directly participating in consensus by having the opportunity of building blocks requires 32 ETH (≈$75k), or 16/8 ETH (…

  5. comment
    Comment #39041812

    Exactly. Even the transaction costs aren't great: "Actual transaction costs are estimated around 0.001 cent/tx (at high transaction rates, amortized over billions of transactions, …

  6. comment
    Comment #38528916

    Ethereum's clients (execution and consensus) are only really concerned about a sufficiently fast SSD, more specifically in terms of random IO. Any mid-tier SSD should work though: …

  7. comment
    Comment #34913821

    Ethereum could in theory be powered by a single 6 MW wind turbine

  8. comment
    Comment #34706586

    I have a major soft spot for Transmission, congrats!

  9. comment
    Comment #34384698

    I do overnight oats; in the morning, all you have to do is pop the lid. * Wholegrain oats (1.5 to 2 dl) * Greek yogurt (1.5 to 2 dl) * Milk, skimmed/whole (3 dl) Then, throw in wha…

  10. comment
    Comment #32925034

    And $0.26 in transaction fees, $0.04 of which went to the block proposing validator

  11. comment
    Comment #32875701

    Mev-boost, a piece of software that consensus clients delegate their block building to, is currently being used on mainnet. The difference is that there can be multiple block build…

  12. comment
    Comment #32849442

    APY depends on the current validator count, decreasing as more validators come online. Currently, the base APY is around 4 %. On top of that, you have to factor in luck: block prop…

  13. story
  14. comment
    Comment #32785222

    Because stable currencies do not exist in the world of cryptos? Dai [1], Rai [2], and USDC [3] are some examples that are all stable, and all dramatically different from each other…

  15. comment
    Comment #32785089

    >A CBDC will eliminate any argument for crypto So a US CBDC will be decentralized, permissionless, transparent, non-censoring, and run on open-source software based on an open spec…

  16. comment
    Comment #32627173

    How come? There's no speculation in stablecoins, USD-following or not. Especially if you transact on a layer-2 solution, it's quite convenient.

  17. comment
    Comment #32538404

    You can stake on a Raspberry Pi and an external SSD, if you hate yourself enough. Most home stakers run on micro-PCs like Intel NUCs or Optiplex Micros. Attestations occur for ever…

  18. comment
    Comment #32538388

    The validator that proposes the block with the slashing in it gets a small reward, while the rest is burnt. There are dedicated slashers on the network that observe attestations an…

  19. comment
    Comment #32535578

    Block times become exactly 12 seconds, that's it. Nothing else changes: it's the same Ethereum, just greener and very slightly faster!

  20. comment
    Comment #32535566

    The current estimate for the upgrade can be found at [1]. It's not a regular upgrade that happens at a specific block height, hence the variance. Instead, the consensus is flipped …

  21. comment
    Comment #32533887

    Because not attesting is against the network's fork-choice rules. If that censoring majority chooses to avoid said block, because it contains transactions that should be censored, …

  22. comment
    Comment #32533310

    You are wrong about the majority of validators having to approve a certain transaction for them to be included. Even if 80 % of the network were censoring, those transactions would…

  23. comment
    Comment #32532637

    I don't disagree. However, I see no reason why light clients would not become the default option, as they effectively remove the trust placed on an RPC provider.

  24. comment
    Comment #32532518

    Not to mention, a new groundwork for light clients was laid out in the first upgrade to the beacon chain. Come merge, clients could effectively poll for e.g. balances directly from…

  25. comment
    Comment #32431998

    There's a massive difference in the decentralization of Ethereum's PoS implementation vs. Cardano, which uses delegated PoS.