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Mainnet Merge Announcement

blog.ethereum.org

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Re: Mainnet Merge Announcement

#431

Post by spywaregorilla »

rglullis wrote: post #375
spywaregorilla wrote: post #371

Earlier quoted context omitted.

How is it wrong? If you need 67% consensus to approve a transaction, and slashing is a transaction, then you can prevent slashing with 33%. What's incorrect about that reasoning?

You won't be prevent slashing with 1/3, you will be merely delaying the block production each time is is proposed. Every time your 1/3 of the nodes attempt maliciously delays of production of a valid block, you will be slashed, and then you won't have 1/3 of the required funds at stake anymore.

But... you can't be slashed unless a block gets processed that supports your slashing, correct?

Re: Mainnet Merge Announcement

#432

Post by rglover »

marshray wrote: post #420
rglover wrote: post #285

Earlier quoted context omitted.

> Earthquakes? Earthquakes aren't the problem, zoning policies and poor decision making skills are. > Dandelions? Sunburn? Assuming you mean allergies, these are problems of the human body, not the world. > Marital infidelity? 1. Financial stress caused by government mismanagement of money. 2. Weakening the relational bonds of men and women and incentivizing infidelity via the welfare system and no-fault divorce. 3.…

This isn't 'controversial', it's total Alex Jones Infowars-type batshit.

It's not, that's just a convenient dismissal. Look around. None of what's happening is a mistake, it's just painful to contemplate and denial of it is easier (hence why politicians continue to run amok—nobody wants to face the truth).

Re: Mainnet Merge Announcement

#433

Post by drawingthesun »

spywaregorilla wrote: post #10

Is it incorrect to say that ethereum is now entirely centralized with some extra steps? Like, you have this proof of stake thing, but the only reason it works is because there's just a small number of validators, which is just going to be the ethereum foundation and friends. edit: putting this at the top because nobody is responding on topic. I am NOT talking about the class of people who stake 32 eth to validate nod…

Not sure how Ethereum does it, but on Tezos any node can submit proof another node has misbehaved and be awarded a certain amount of the misbehaving nodes deposit.

All of this works via code and no human intervention is needed.

I assume Ethereum has something similar, as there isn’t much gain in restricting those who are allowed to submit a proof that a node/validator is up to no good.

Re: Mainnet Merge Announcement

#434

Post by coolspot »

everfree wrote: post #387
Seattle3503 wrote: post #372

Does staking make Etherium deflationary? (or make it more deflationary if it already is)

According to ultrasound.money, Ethereum's current 30d inflation rate is 4.1% annualized. If the merge were already behind us (flip the "simulate merge" switch), inflation would be 0.1%. So, not quite deflationary but pretty close. If Ethereum network usage picks up again like it did in 2021, Ethereum will experience long stretches of time where it is deflationary. https://ultrasound.money/

Not sure this is correct.

PoS issuance rewards are 4.6%/year, which can be offset with burn rate, but it is at 0.5% now.

The site projects that in 200 years, burn and issuance will be at equilibrium.

Re: Mainnet Merge Announcement

#435

Post by squeaky-clean »

stavros wrote: post #68
camjw wrote: post #47

Earlier quoted context omitted.

Off-topic but have you got any recommendations on stuff to read to set up a GPU at home to run stable diffusion?

If you have a GPU that has more than 4 GB VRAM, you should be able to easily run it: https://github.com/basujindal/stable-diffusion I didn't manage to run it on mine, as it segfaults, but I've heard of people running it fine on an old 1060 (which I have too).

Are you running the scripts in the optimizedSD folder instead of the scripts folder? For me a 512x512 image uses 3.7GB of VRAM. You can reduce the resolution to use less (to a point, the model needs a fixed amount).

Re: Mainnet Merge Announcement

#436

Post by squeaky-clean »

yreg wrote: post #409
stavros wrote: post #68

Earlier quoted context omitted.

If you have a GPU that has more than 4 GB VRAM, you should be able to easily run it: https://github.com/basujindal/stable-diffusion I didn't manage to run it on mine, as it segfaults, but I've heard of people running it fine on an old 1060 (which I have too).

Anyone tried on an intel Mac? I'm ok with Bootcamp.

I don't believe there's anything OS specific for it, just most guides are for Windows for simplicity.

However it does require a nvidia gpu and Macs are generally AMD or integrated gpus.

Re: Mainnet Merge Announcement

#437

Post by 735409264082 »

AlexandrB wrote: post #222
Zamicol wrote: post #57

Earlier quoted context omitted.

Wouldn't those with ownership in a system be best trusted with the self-interest of such a system? That seems to be the best alignment of incentives.

What was the point of BTC and ETH then? We already have the system you describe with fiat currency and traditional banks.

32 Ether or mining equipment is nothing compared to what you need to have any real influence over fiat money.

Re: Mainnet Merge Announcement

#438

Post by chrisco255 »

kkielhofner wrote: post #391
chrisco255 wrote: post #355

Earlier quoted context omitted.

Google wasn't "built within two years". It is a living software program backed by massive infrastructure. It was iterated on for decades and continues to be. The very first iteration of page rank maybe was done in two years. But stop implying that Sergey and Larry built it in their dorm and could walk away from it with zero input or assistance from the tens of thousands of engineers they hired in the ensuing years. T…

The Wayback Machine begs to differ: https://web.archive.org/web/19981202230410/http://www.google... I'm clearly not talking about Google as the behemoth we know today - I'm talking about Google the search engine (yes, Page Rank) - which I was using in 1998 because it was already vastly superior to Altavista, Lycos, etc. I was on dial-up until 2004 (DSL, yeah!) but I was skipping trips to the library for homework by 1…

> The Wayback Machine begs to differ:

Yeah, I get that the website google.com was around in 1998. I was around then, too, and used it too. But behind the scenes of that deceptively simple looking frontend, is a mass of data centers and a multi-million line code base that was (and indeed, still is) being updated and maintained by thousands of engineers to prevent it from falling apart or being abused by SEO maximizers to the point of being unusable.

If it's so simple, please try to re-create it. It shouldn't take you too long. Just a wave of your hand.

> if you don't upgrade your browser in the next two weeks it will not work at all" in my three decades of being on the internet.

Plenty of back-end servers with zero day exploits have to be patched all the time. Other incidents happen all the time behind the scenes that engineers are forced to fix on short notice to keep a massive service operational. I'm guessing you've never worked on call as a dev ops engineer.

Ethereum works. It has 100% uptime since 2015. That's impressive. Not even Google can claim that.

Re: Mainnet Merge Announcement

#439

Post by michaelsbradley »

pcthrowaway wrote: post #427
michaelsbradley wrote: post #357

Earlier quoted context omitted.

The maintainers of geth recently published and then flagged (as bugged) the first release that was fully Merge-ready, so it's not really possible that geth operators could be ready at this time. I believe just today the next release was published, fixing the bug in the previous one: https://github.com/ethereum/go-ethereum/releases

If geth isn't ready for the merge, how were (formerly) PoW testnets upgraded to PoS already?

Because geth was ready for those test merges.
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