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junan_paalla posted:ethereum... unusable but you repeat yourself
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Mar 7, 2021 00:13
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Nitrousoxide posted:There's also the issue that if you do a 51% attack on a proof of stake coin than you will obliterate the value the coin has. No one will be willing to trade that coin for real world cash because the attacker could reverse any transaction, double spend coins, and do anything they feel like. It makes the billions of dollars you have to invest in getting that 51% stake vanish in an instant. And unlike a proof-of-work coin, where you could turn those video cards over to mine a different coin, your now worthless coin can't be used for anything. i thought this was supposed to be completely trustless???? was i wrong?
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Mar 12, 2021 03:20
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SporkOfTruth posted:anyone got a definitive takedown of why proof of stake is still loving stupid? I have too many friends morphing into bazingas over this poo poo the people with the most money say your butts belong to them now.
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May 13, 2021 04:40
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Shame Boy posted:either that or they think that making a coin must be so hard and complicated that you have to be super smart and think about it really hard for a long time before doing it https://twitter.com/elonmusk/status/1393749019478970368
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May 16, 2021 16:56
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yeah but I don’t see “on a computer” anywhere in there
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Sep 8, 2021 18:33
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epitaph posted:https://venturebeat.com/2022/01/12/gamers-are-ready-for-nfts-whether-they-know-it-or-not/ I don't pretend to know anything about blockchain bullshit, but if its anything like any other merkle tree, you could just like download the blockchain and all the jpegs would be right there
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Jan 13, 2022 01:44
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infernal machines posted:it depends on the implementation but generally the assets are hosted elsewhere, the data on the chain is just a json reference to the external host yeah, the part im confused about is the jpegs being in the wallet. you don't transfer the contents of wallets.  i assume they meant the jpegs would be on the chain
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Jan 13, 2022 02:01
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i really shouldn't assume any of these breathless bitcoin sponsored listicles have any loving clue what they're talking about either
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Jan 13, 2022 02:08
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quote:blockchain encryption
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Jan 20, 2022 20:17
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Chris Knight posted:holy gently caress it came true so as we are all aware crypto is so very trustless but is there any possibility of connecting your wallet to twitter leading to hilarious outcomes?
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Jan 20, 2022 23:18
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I was wondering this with the twitter NFT avatars, since you have to connect your wallet to twitter. what is the mechanism that connection happens? Are you having to trust twitter won't steal your wallet? Could they or somebody else steal your nfts through it? I'm sure the answer will be yes, but just wanting confirmation. e: as far as i know a bitcoin wallet is just a private key, and if you're giving your private key to twitter then.... 
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Jan 22, 2022 20:57
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https://twitter.com/tiktokinvestors/status/1485856160989155333?s=21
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Jan 25, 2022 08:21
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jisforjosh posted:Don't sleep on the replies lol I wish I had, op
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Jan 26, 2022 17:30
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Chris Knight posted:and according to this 2019 story about it, they've already switched to proof of stake! we'll look back at this in 10 years from our climate shattered world, the etherium mining farms still running on millions of consumer graphics cards and wonder where it all went went wrong
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Feb 4, 2022 16:37
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njsykora posted:so buzzfeed ran an article about the apes and the founders are saying the article doxxed them even though their names are public record as company founders, they’ve done interviews about their bullshit and the company confirmed who they were her twitter is all shilling NFTs now so it’s hard to feel sorry for her
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Feb 8, 2022 07:44
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imagine paying $750 and all you get are jpegs
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Feb 20, 2022 02:58
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didn't click but it looks like poo poo op
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Apr 13, 2022 19:07
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once you've stolen all the beans how are you turning that back into real bux? are there people who would still be in the market to buy the beans?
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Apr 18, 2022 20:13
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PIZZA.BAT posted:yeah wake me up when it falls under .98 
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May 12, 2022 07:49
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RPATDO_LAMD posted:https://rarecandy.io/collections/slurp-juice trap sprung
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May 17, 2022 23:23
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had the misfortune to get into it with some little crypto freak and he came so close to having a realization. he perfectly describes git without knowing it.quote:Imagine if you had a Git repo that everyone could access and everyone could push commits to and hundreds of thousands of systems around the world all independently validated that every single commit was legit and that the chain as a whole was valid and that the whole timeline going back to inception was replayable commit to commit all the way till now. Now add in that it is redundantly stored in tens of thousands of places and would take shutting down all of them to disable it. That’s an immutable blockchain.
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May 19, 2022 03:12
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seeing a bunch of idiots trying to resurrect terra/luna by "burning" it. are people really falling for this? 1 buy my worthless tokens from me with real money 2 send the tokens to /dev/null 3 ??? 4 profit?
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May 22, 2022 19:33
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RPATDO_LAMD posted:if someone posts "my red FooCorp bicycle was stolen" and then you later buy a red foocorp bike on craigslist, you don't know for sure whether it was actually the stolen one or just a normal secondhand bike. if it later turns out that it was the stolen bike, that could have just been an honest mistake. who’s to say Seth Green didn’t sell the ape himself and lied about it online? does the blockchain show that?
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May 24, 2022 21:34
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just found out the guy who started homebrew got big into crypto and is doing a web3 version of that where I guess open source developers get paid in krugerands that are worth money… somehow. I read into a bit and it sounds like you’re just granted tea coins from whole cloth the more your package is used or the more other packages depend on yours etc. these don’t apparently come from users putting money into the system. I’m sure somebody somewhere will buy these coins from the developers though because https://tea.xyz
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Jun 8, 2022 07:35
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mrmcd posted:Is this the same guy who bombed his Google interview, and then wrote a really salty blog post about how Google should've just offer him a job because he wrote a popular Mac tool? lol i forgot about this, but yes https://twitter.com/mxcl/status/608682016205344768?s=20&t=3spzR3Pr_mQo3TkeI39AqA
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Jun 8, 2022 14:31
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Paladinus posted:Had argument today about NFTs. I basically just kept repeating 'why do you need NFTs for that?', and the only thing the other guy managed to produce was that game companies could save a lot of money on not storing in-game items on their servers. See, you don't even have to pay Oracle or hire a data base developer, you just put everything on blockchain and users pay for each transactions, and it works. So simple. That's saving like tens of cents on S3 I'm sure.
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Jun 8, 2022 21:21
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Pigbuster posted:I've seen so many of these that it's just hit me how absurd it is that simply entering your wallet into a website is enough for them to steal everything inside it. I don't have to worry about my bank's account/routing number floating around because without my actual credentials all anyone can do with those is send me money. Do crypto wallets not have that same kind of system or are people genuinely just giving random websites their entire bank credentials just to potentially own a picture of a goblin It's people "connecting" their meta mask wallet by entering their credentials or whatever into the scam site.
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Jun 12, 2022 07:14
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https://twitter.com/cz_binance/status/1536418479271731203
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Jun 13, 2022 20:26
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I look away and the 18k buy wall just disintegrated.
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Jun 18, 2022 20:59
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crosses 18k and instantly another $100 down.
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Jun 18, 2022 21:08
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RPATDO_LAMD posted:on the bright side you aren't required to do it too often. instead there is a scheduled-in-advance 2 minute window every month and you can only do it in that window. if you miss it you can't mine for the month it’s a good thing bots are agents of chaos and can’t do anything at a specified time
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Jul 21, 2022 14:15
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did the etherium merge happen yet?
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Sep 7, 2022 19:00
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Nemo2342 posted:https://twitter.com/web3isgreat/status/1594138383021969408?s=20&t=l45m849RMpbR4jp2nNDP_w which of you is buying the domain in the bankruptcy?
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Nov 21, 2022 03:27
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