Viewing profile — 676234e117
676234e117
HN member- Joined
- Fri, Jun 10, 2022, 1:54 PM UTC
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- 21
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- 26 items
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About 676234e117
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Recent public activity
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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 …
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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…
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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 …
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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…
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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…
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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…
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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 …
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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…
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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. -…
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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 …
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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…
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Comment #32328770
Facebook already tried this, it was called Libra.
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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…
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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…
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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…
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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…
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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…
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Comment #32321745
Maybe it is just 1 recipient. Which I think is still a fine display of the value of a decentralized payment option.
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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]…
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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…
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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…
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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…
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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 …
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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 …
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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 …