Viewing profile — grubles

Maybe, but it was under the pretense that the project was intending to be "decentralized", not controlled by whales who followed the founders' advise of disguising their purchases.…

The point is that the founders apparently intended for large whales to disguise their purchases. This means individuals bought into a system that was advertised as being decentrali…

Wouldn't it benefit you much much more because, well, you premined a billion dollars worth of ETH for yourself and designed Ethereum to benefit wealthy people?

>the whole system is only as durable as the increasingly-enormous data centers which hold all that information. That is exactly what Ethereum's direction has been for years now. It…

>Vitalik is consistently one of the most interesting people to follow Really? He has consistently argued for on-chain scaling and for people to not validate the blockchain state mu…

You can use Lightning (a Bitcoin technology) to send BTC which is extremely cheap in comparison. Talking fractions of a cent.

You can do much worse things in a PoS system since power in the system is tied to the asset (ETH). Ethereum DeFi toys are hacked on a daily basis and millions upon millions of doll…

Why did you edit out the actual address?

Coinvotes in the context of massive insider premines is completely useless. Of course a coinvote would reflect "Yes to censoring the DAO hacker" because the DAO hacker controlled m…

It shouldn't be much of a surprise to learn that Vitalik is part of the Ethereum Foundation which controls the trademark to Ethereum as well as all of the popular social media chan…

Vitalik, just one person, owns billions in ETH. That is the top 0.1%.

Bitcoin layer-2 massively reduces the amount of energy used per transaction. For every on-chain Bitcoin transaction, potentially millions upon millions of Lightning transactions ca…

Vitalik in particular stands to gain from the system switching to rewarding those with more wealth in the system. And shockingly (/s) Vitalik allocated a disproportionate stake rel…

Nodes enforce the ruleset that miners must abide by, and can invalidate new blocks that miners generate. You can see examples of this in history e.g. bitcoin.com mining a block wit…

Important to note that Vitalik massively gains from Ethereum transitioning to Proof-of-Stake since he controls a large percentage of total ETH due to premining it before the projec…

His access was revoked because having unused keys to the Bitcoin code is an attack vector. Citation here BTW: https://twitter.com/notgrubles/status/1247592193319198720

"In this sense, it's more typical of a precious metal. Instead of the supply changing to keep the value the same, the supply is predetermined and the value changes. As the number o…

Gavin admitted he should have been removed because he stopped contributing. Why has HN comment quality fallen so low...

That's not true at all. The decision makers in Ethereum care overwhelmingly about maximizing the value of their massive premine holdings. The latest EIP-1559 proposal (tl;dr ETH ge…