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Goodbye Gas Fees

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Re: Goodbye Gas Fees

#21

Post by landemva »

zeusk wrote: post #12
beachy wrote: post #6

Earlier quoted context omitted.

I would like to understand more about your product. Does it ensure the accuracy of your resume? I.e that you really did work for Google since 2020? Or is it more to simply ensure that the content has not changed. But if so, who cares if your resume has changed?

> What is a Blockchain Verified Resume? > When the owner of a resume decides to create a blockchain resume, Rezi makes an encrypted record of: issuer, recipient, resume, date of creation. These pieces of data are encrypted right onto the blockchain. This means that every blockchain resume is incredibly secure. Secure from what?

They could put the resume file on ipfs and be done. They made what looks like a tech course final project.

Re: Goodbye Gas Fees

#22

Post by beachy »

jacob_rezi wrote: post #13
beachy wrote: post #6

Earlier quoted context omitted.

I would like to understand more about your product. Does it ensure the accuracy of your resume? I.e that you really did work for Google since 2020? Or is it more to simply ensure that the content has not changed. But if so, who cares if your resume has changed?

This is the first step we've taken towards the bigger goal of ensuring truthfulness of the experiences on the resume. But for now, it does two things - ensures the resume has not been altered since created (think recruiter's incentives to do so) and serves as a promise from the job seeker that the resume is truthful. We're just launching, so let's see how it evolves over time

I still don't get it - when you give your resume to a recruiter they can rework it as they see fit, but they can't change your original. That's on your hard drive/wherever. What does Blockchain add to that?

And as to a promise that the resume is truthful - thats just your assurance, what does block chain have to do with that either?

Asking with genuine interest as we are in the HR space so often discussing these sort of things.

Re: Goodbye Gas Fees

#23

Post by fhaldridge7 »

LeoPanthera wrote: post #16
v64 wrote: post #15

Earlier quoted context omitted.

Bitcoin/Bitcoin Cash's scripting capabilities aren't comparable to Ethereum's smart contracts. Making Ethereum transactions cheaper is a different and more complex problem.

I'm not referring to Ethereum, I'm talking about the "layer 2" coins described in the article or, more specifically, what they are used for.

all of these chains that are described in the article are EVM-compatible and allow running ethereum smart contracts

for example the uniswap contracts can be deployed on arbitrum. users can then swap coins on the arbitrum blockchain rather than ethereum and therefore save gas costs

Re: Goodbye Gas Fees

#24

Post by landemva »

LeoPanthera wrote: post #9

I don't really get why we have a thousand coins trying to solve the same problem that Bitcoin Cash solved in 2017. (Or, in 2009, if you accept that BCH is the same formula as original Bitcoin, and that it is Bitcoin Core that changed its design. They share the same history.) If you want cheap transactions, for actual cash-like usage rather than a "settlement layer", you need big blocks. It is not rocket science.

BCH cheap payments as ethereum side chain could be interesting experiment.

Re: Goodbye Gas Fees

#25

Post by landemva »

fhaldridge7 wrote: post #23
LeoPanthera wrote: post #16

Earlier quoted context omitted.

I'm not referring to Ethereum, I'm talking about the "layer 2" coins described in the article or, more specifically, what they are used for.

all of these chains that are described in the article are EVM-compatible and allow running ethereum smart contracts for example the uniswap contracts can be deployed on arbitrum. users can then swap coins on the arbitrum blockchain rather than ethereum and therefore save gas costs

Problems with composability and liquidity pool fragmentation.

Re: Goodbye Gas Fees

#26

Post by alasdair_ »

obulpathi wrote: post #19

I don't buy the argument: "ETH fees was meant to be high!". Its the same as saying "ETH is meant to be unusable for people other than whales."

Isn’t a low number of transactions per second essentially built in to the original ETH spec? If so, surely it’s likely that each transaction should be expensive?

Re: Goodbye Gas Fees

#27

Post by alasdair_ »

jacob_rezi wrote: post #2

Timely article - Polygon is what we've used for our blockchain verified resume https://www.rezi.ai/rezi-blockchain-verified-resume

Does the blockchain verify my identity? Or that I worked any of the places I claimed to work?

Re: Goodbye Gas Fees

#28

Post by zeusk »

landemva wrote: post #21
zeusk wrote: post #12

Earlier quoted context omitted.

> What is a Blockchain Verified Resume? > When the owner of a resume decides to create a blockchain resume, Rezi makes an encrypted record of: issuer, recipient, resume, date of creation. These pieces of data are encrypted right onto the blockchain. This means that every blockchain resume is incredibly secure. Secure from what?

They could put the resume file on ipfs and be done. They made what looks like a tech course final project.

or even better, put it on github or google drive.

Re: Goodbye Gas Fees

#29

Post by miracle2k »

LeoPanthera wrote: post #9

I don't really get why we have a thousand coins trying to solve the same problem that Bitcoin Cash solved in 2017. (Or, in 2009, if you accept that BCH is the same formula as original Bitcoin, and that it is Bitcoin Core that changed its design. They share the same history.) If you want cheap transactions, for actual cash-like usage rather than a "settlement layer", you need big blocks. It is not rocket science.

You should read some of Vitalik's writing on the subject, for example:

https://vitalik.ca/general/2021/05/23/scaling.html

Re: Goodbye Gas Fees

#30

Post by jacob_rezi »

bestcoder69 wrote: post #11
jacob_rezi wrote: post #2

Timely article - Polygon is what we've used for our blockchain verified resume https://www.rezi.ai/rezi-blockchain-verified-resume

What does this protect against? Nothing too bad has happened to me so far with my non-blockchain PDFs. From the site copy it seems to say I can just verify that it was uploaded at a certain time. Why does that matter?

I agree with you, I've never had issues with my non-blockchain PDF, but having the option to put a resume on the blockchain is something that the majority of our users responded they'd like to be able to do. Ultimately it's a small part of our software, but it does allow users to prove they are the one who created the resume originally. The value of this is yet to be determined.
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