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Goodbye Gas Fees

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Re: Goodbye Gas Fees

#41

Post by jacob_rezi »

alasdair_ wrote: post #31
jacob_rezi wrote: post #13

Earlier quoted context omitted.

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

> serves as a promise from the job seeker that the resume is truthful. Isn’t that sort of implied when someone gives you a resume? Have you noticed a lot of job applicants saying things like “that pdf I gave you? Total bullshit, I made it all up. But this? This is real, because blockchain!”? Also, do you even store the resume on the blockchain, or do you just store a url? If the latter, what happens when the original…

I should not have googled goatse...

Unfortunately lying on a resume remains a huge problem that has been left untouched. We've lead innovation in the space of resume software for the past couple of years now, so adding this download option is a step towards the solution.

Re: Goodbye Gas Fees

#42

Post by jacob_rezi »

sour-taste wrote: post #33
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

> You have no idea how your career goals are related to the job you want I don't know whether an employer can help me meet my own career goals, but an AI does? And somehow the blockchain factors into this? This is one of the more patronizing startups I've ever seen.

Cleaned up that lazy copy-writing. Thanks for that. We use GPT-3 to write content following best practices. I am sure you understood that much from the website.

Blockchain verified resume is one of four download types along with PDF, DOCX, Drive. Not a huge component of the software by any stretch of the imagination.

The software is quite nice, no patronizing here.

Re: Goodbye Gas Fees

#43

Post by kanwisher »

jacob_rezi wrote: post #38
alasdair_ wrote: post #27

Earlier quoted context omitted.

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

It would verify that you are the original creator of the resume. It would also allow the hiring manager to instantly and independently verify that the resume has not been altered by anyone accept you. It does not verify claims of your experiences - that is a messier endeavor.

So its not useful at all, good job

Re: Goodbye Gas Fees

#44

Post by jbirer »

I am amused by the mental gymnastics deployed by Ethereum holders such as "It was meant to have high fees", or "High fees keep it decentralized". Guess what, BitTorrent is decentralized they charge nothing. It's okay to admit that you made a wrong investment / choice and pick another option, you can always change mind and pick a better option (I will not recommend or shill any one of them here).

Re: Goodbye Gas Fees

#45

Post by btown »

jlebar wrote: post #40

> What most people don’t know is: Gas fees on Ethereum are supposed to be high. Count me among those not in the know! I...really don't get it. Bitcoin was supposed to be a currency. Then we realized that it's too slow and too energy-hungry for that. So we retcon'ed it into, it's a store of value! Etherium was supposed to be a place for smart contracts. Then we realized it's too slow and gas-hungry for that. So...we r…

Think of Ethereum instead as the tamper-proof store for the audit log of the history of all smart contracts in the world. While in the early days you could just transact on that, it doesn't scale if everyone's trying to "write to disk" for every single transaction all at once. So the article, and the companion piece by the same author at https://every.to/almanack/defriday-2-polygon-s-surge-ethereu... describe ways to have other, more lightweight chains that periodically flush their changes to the Ethereum chain. It's elegant, and as with all things cryptocurrency, just requires people to believe that running validator and miner nodes is worth it.

Re: Goodbye Gas Fees

#47

Post by fragmede »

jacob_rezi wrote: post #42
sour-taste wrote: post #33

Earlier quoted context omitted.

> You have no idea how your career goals are related to the job you want I don't know whether an employer can help me meet my own career goals, but an AI does? And somehow the blockchain factors into this? This is one of the more patronizing startups I've ever seen.

Cleaned up that lazy copy-writing. Thanks for that. We use GPT-3 to write content following best practices. I am sure you understood that much from the website. Blockchain verified resume is one of four download types along with PDF, DOCX, Drive. Not a huge component of the software by any stretch of the imagination. The software is quite nice, no patronizing here.

Don't blame GPT-3, there aren't that many words on there.

Re: Goodbye Gas Fees

#48

Post by ReaLNero »

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.

A transaction incurs one-time electricity costs for the miner, but also permanent storage costs for miners (who must have a full blockchain copy).

For a miner, currently the latter is negligible. Increasing block size implies more storage space needed, which would push amateur miners out, making Bitcoin less decentralized than now[0]. Over time, the storage costs will become massive. This is why block sizes have stayed relatively low.

One reason I'm bearish on Bitcoin is that it's absurd that a one-time fee allows you to essentially have a permanent public billboard. For example, people have posted links to illegal content on the blockchain that is essentially unremovable[1].

[0]: https://eprint.iacr.org/2013/829.pdf

[1]: https://www.bbc.com/news/technology-47130268

Re: Goodbye Gas Fees

#49

Post by throwaway21332 »

jlebar wrote: post #40

> What most people don’t know is: Gas fees on Ethereum are supposed to be high. Count me among those not in the know! I...really don't get it. Bitcoin was supposed to be a currency. Then we realized that it's too slow and too energy-hungry for that. So we retcon'ed it into, it's a store of value! Etherium was supposed to be a place for smart contracts. Then we realized it's too slow and gas-hungry for that. So...we r…

Bitcoin was always supposed to be a store of value, 21M and all that. The problem is that people think that store of value can't be a currency.

Re: Goodbye Gas Fees

#50

Post by throwaway21332 »

Uptrenda wrote: post #20

Doesn't this just make on-boarding users even more convoluted? You'll have to probably get a large amount of Ether and then 'commit' it to another L2 to receive whatever their backed token equivalent is. Then you'll use this token to pay for things which will have no network effect, apps, or merchants in the beginning. Basically all adoption goes back to square one while providing a confusing and worse user-experienc…

Binance is supporting direct deposits/withdrawals to Arbitrum. I'd expect more exchanges to do this with other L2s.
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