Viewing profile — RexetBlell

Augur 2.0 is coming out this month and it solves many of the problems of the original one.

Scaling and transaction cost have been solved using ZK-rollups. Transactions cost less than a cent and take less than a second. 2000 transactions per second throughput. A lot has c…

Ethereum is scalable already. Layer 2 solutions like https://zksync.io/ and https://loopring.org/#/ are already live and allow 2000 transactions per second. This is based on ZK-rol…

Layer 1 is expensive. There are other really cool projects that get the same level of security as layer 1, but are much faster and cheaper. For example https://zksync.io/ allows pa…

There were no ICOs in the last 2 years. The community moved on from that. Decentralized non custodial exchange usage is growing, like https://loopring.org/ that’s based on zero kno…

Why do people instantly jump to the extreme negative? Any technology can be used for to do bad things. The community is aware of this possibility and have taken precautions. Also a…

What are the consequences that you’re talking about?

I wasn’t talking about the price growing. I was talking the usage growing.

Yes, here’s a use case - an open, decentralized, neutral, borderless and censorship resistant prediction market like Augur.

Yes, and it’s growing fast. Look into DeFi https://defipulse.com/

If you want to know how the decentralized oracle problem is solved, scroll down to “dispute round” in this paper https://www.augur.net/whitepaper.pdf

Decentralized prediction markets also offer global liquidity, so the counterparty can be located anywhere on earth. Also the friction and fees should be much lower. If someone in M…

A perfect killer example is globally accessible prediction markets. They always get shut down by governments. Isn’t it crazy that you currently can’t place a bet on a horse race or…

The fact that Ethereum Classic exists proves that Buterin has no control.

Ethereum is currently being used for decentralized finance. It's not vaporware at all: https://defipulse.com/

Which is why privacy technology is being implemented in blockchains like ZCash, Monero and Ethereum.

Making it hard to change the rules is one of the value propositions of decentralized blockchains. Hard forks are pretty rare and when do happen, they are contentious the original c…

Game items like weapons and shields in an RPG game. Imagine if there is a global database of such items and different game developers build different games around it. So you could …

Completely agree.

Check out this podcast about the Zcash ceremony: https://www.wnycstudios.org/story/ceremony

https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQs#so...

You are talking about the nothing at stake problem. It's address here: https://github.com/ethereum/wiki/wiki/Proof-of-Stake-FAQs#wh...