Viewing profile — 0x64
0x64
HN member- Joined
- Fri, Jun 28, 2019, 7:19 PM UTC
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- 414
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- 94 items
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About 0x64
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Recent public activity
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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…
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Comment #39773501
The names of SpaceX’s drone ships, such as “Of Course I Still Love You”, are from the Culture novels
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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 (…
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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, …
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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: …
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Comment #34913821
Ethereum could in theory be powered by a single 6 MW wind turbine
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Comment #34706586
I have a major soft spot for Transmission, congrats!
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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…
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Comment #32925034
And $0.26 in transaction fees, $0.04 of which went to the block proposing validator
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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…
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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…
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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…
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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…
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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.
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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…
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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…
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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!
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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 …
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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, …
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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…
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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.
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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…
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Comment #32431998
There's a massive difference in the decentralization of Ethereum's PoS implementation vs. Cardano, which uses delegated PoS.