Viewing profile — tatertots1234

Because there is a small group of people that care enough to use it. Most anti-crypto people do not want anything to do with it. Neutral-crypto people don't see the reason for enha…

It’s really not that hard to build a Patreon style service on crypto and web3. It’s also far easier to build a new payment processing platform on crypto than it is to build an alte…

Yes, a theoretical crypto-Patreon would have to be coded in Solidity and frontend interfaces built around it for the web. This might be OSS or just a private enterprise. But the us…

Theoretically possible but practically impossible, and one of the reasons that NFTs and DeFi will probably never be adopted on Bitcoin L1 unless the protocol changes.

It’s pretty much non-news to anybody who isn’t invested in Solend.

Most of the things that cause these problems, like stolen apes, would not work on Bitcoin as it lacks smart contract functionality.

Misleading title. This is Solend, not Solana.[1] Not that this would be entirely surprising by Solana itself, which is a centralized chain that has been struggling to handle its ne…

In crypto creative and art economies the standard is around 2.5%, with various platforms competing on that by offering lower commissions even down to 0%.

Crypto presents a real solution to this problem despite HN’s hate for it. Users who want to achieve Patreon style donations and gated access to digital media can use stablecoin pay…

In a hypothetical crypto Patreon, if you send $1 to an artist, your only recourse to get that back if you are displeased with their art is to ask them politely, or ask the platform…

Many Patreon payments are simple donations, or gated access to digital media. These can be achieved with smart contract functionality to mitigate the need for costly payment proces…

> The crypto bros totally miss the point in understanding this too. The crypto folks are pretty cognizant of it, which is why they built an entire technology that isn’t reliant on …

and it will probably continue to fall long term relative to better assets, unless the protocol or tech changes drastically - or if PoS somehow proves to be untenable. but contrary …

If you are an anon dev and you share your real identity with a counterparty, you aren’t doing a great job at staying anonymous. Anybody can start a new crypto wallet and receive fu…

All of their transactions are visible in the ledger, not hard to find. The same tools they used still exist today, except with additional privacy enhancements like some chains usin…

Mixers on programmable blockchains like TornadoCash do seem to provide strong anonymity when used correctly. If you have evidence suggesting its cryptography can easily be cracked,…

> Can we just stop with the "Bitcoin is anonymous" bullshit here? Care to point to Satoshi’s real identity since anonymity in Bitcoin is bullshit?

Plenty of charges have been laid over the years related to crypto phishing and fraud.

Banned from what? If somebody sets up a phishing website in the US with intent to steal funds, they are equally as liable whether their target is a crypto wallet or Apple Pay.

there will always be some method of exchange. one exchange goes down, another will take its place.

amount of BTC on exchanges is something like < 14% of its total circulating supply.

Sure. many of those speculators will be forced to wait for Binance to resume BTC orders, or use another centralized exchange, or use a bridge to swap BTC to another crypto asset.. …

meanwhile anybody who has their own keys is able to transact with it as per usual. “not your keys not your coin.” holding keys are not trivial but far simpler than running a server…

Not really. “Everybody is exiting crypto for another type of crypto” wouldn’t be much of a headline.

Regulated banks tend to have protections in place that avoid the possibility of users losing their funds.