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676234e117

HN member
Joined
Fri, Jun 10, 2022, 1:54 PM UTC
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21
Public activity
26 items

About 676234e117

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Recent public activity

  1. comment
    Comment #32340593

    Dan Olson's tone and bias is grating. > Why is the art of NFTs just so dang ugly? -- The folks who are steering all of this, the guys who are in charge, or the guys who go out and …

  2. comment
    Comment #32333750

    Have you ever purchased art or collectibles? It does not entitle you to IP rights or transfer any IP rights to you. Loans and DeFi - see Uniswap issuing ERC721 Liquidity Pool token…

  3. comment
    Comment #32333250

    > How EXACTLY does NFT "hold custody" of anything not living fully on on the blockchain already? I am not suggesting it does. I am suggesting it allows you to hold ownership of an …

  4. comment
    Comment #32332742

    With a NFT of a GIF, you don't need to pay to see the content. People are not buying these tokens to see the content, because it is free for everybody to see. What Pearson is sugge…

  5. comment
    Comment #32332321

    Sales volume has plunged from its early hype, but daily trades and activity remains higher than ever. In some corners of the market sales and royalties are still generating signifi…

  6. comment
    Comment #32332123

    If you are asking "how does NFT hold custody" of a digital record then I assume you have never looked at how NFTs work at a technical level. If you know code, you can look at the E…

  7. comment
    Comment #32332009

    I am a NFT proponent and this idea seems very broken. The royalty model is working fine in NFT art world because people are not paying to see the GIF or PNG, it is already free to …

  8. comment
    Comment #32329576

    Nothing stops tech companies from building crypto wallets or services that hold custody over users funds, a lot of them are already doing that. Building a new blockchain where they…

  9. comment
    Comment #32329446

    - ERC20 stablecoins are not a paper IOU but ok. - all these protocols are beta software, less than a few years old. Uniswap as one of the oldest is probably also the most secure. -…

  10. comment
    Comment #32329321

    It appears this is mostly targeting specific hot wallet software that may have some compromised downstream signing library, since the wallets are closed source it is difficult for …

  11. comment
    Comment #32329149

    In the current electronic fiat system, a few companies control both the gates and the network. Crypto at the moment decentralizes the control of the network, which is already a ste…

  12. comment
    Comment #32328770

    Facebook already tried this, it was called Libra.

  13. comment
    Comment #32328750

    > Every time the merge is delayed, price drops You are conflating "people losing tokens" with "people losing the USD value of their tokens." It is very likely that the market becom…

  14. comment
    Comment #32325323

    It may never meet the impact of the web but held to that standard, maybe no technology ever will. The killer application is Ethereum and the ideas it has spawned, including new glo…

  15. comment
    Comment #32325181

    By “loss” do you mean that of the exploiters losing tokens because the community decided not to follow the hacked chain? The goal of all the shadow forks and merge testnets is to f…

  16. comment
    Comment #32325157

    If you want more details you can always read the Gasper paper[1], the spec[2], or client code. It is complex to somebody not familiar with consensus and blockchain execution, but y…

  17. comment
    Comment #32323024

    I agree with your point that PoS is more complex and has a wider attack net than PoW, but I don’t agree that users will not be able to coordinate on a new fork in case of a protoco…

  18. comment
    Comment #32321745

    Maybe it is just 1 recipient. Which I think is still a fine display of the value of a decentralized payment option.

  19. comment
    Comment #32321690

    The article is not really presenting any strong arguments aside from literal hand waving the " ". The same hand waves could be made for PoW. See the last time it made discussion[1]…

  20. comment
    Comment #32321029

    If you look beyond the most vocal proponents you will see a range of opinions. I do think it will, over the next 10-20 years, completely revolutionize how we think about digital as…

  21. comment
    Comment #32320979

    What you are describing is a protocol-level bug, rather than smart contract bug. The merge has already occurred successfully a number of times on test networks, so it seems unlikel…

  22. comment
    Comment #32320765

    This might be surprising, but not every crypto user is a pure libertarian, or believes that code is law. A significant amount of funds extracted from this exploit were from whiteha…

  23. comment
    Comment #32320668

    Interesting analogy. Is this exploit a Hindenburg or a steam train wreck? It is probably both. The model of allowing governance updates from a contract owner on a bridge or rollup …

  24. comment
    Comment #32320625

    It is important that users come to better understand the different risk profiles between: 1. Owning ETH with a non-custodial wallet. 2. Owning ETH on a CEX. 3. Depositing ETH into …

  25. comment
    Comment #32316804

    It is important that users come to better understand the different risk profiles between: 1. Owning ETH with a non-custodial wallet. 2. Owning ETH on a CEX. 3. Depositing ETH into …