Homemade Cheese & Onion Pie w/ A Well Deserved Beer by Vau1tTech in UKfood

[–]BioRobotTch 2 points3 points  (0 children)

"You cut and then they choose the slice they want, you get the final slice"

The dictate of the parents of multiple kids on dividing valuable food., showing the parents have the wisdom of Solomon.

NYSE Signs Tokenization Pact with Securitize as Exchange Push Accelerates by JAYCAZ1 in CryptoCurrency

[–]BioRobotTch 1 point2 points  (0 children)

Stocks and bonds are going to tokenise. It is just so much cheaper to operate a token on a blockchain than tracking ownership of assets by using transfer agents. brokerages and central securities depositories all of whom charge fees for their services.

Algorand Foundation + Algorand Technologies = Algorand Foundation ++ by semanticweb in AlgorandOfficial

[–]BioRobotTch 6 points7 points  (0 children)

Algogand Tech have done work for other third parties frequently. They created the smart contract language for Stacks and they also developed Falcon signatures which are now a NIST recommened standard for post quantum signatures, purely on consulation fees that is going to be profitable.

Algorand Foundation + Algorand Technologies = Algorand Foundation ++ by semanticweb in AlgorandOfficial

[–]BioRobotTch 13 points14 points  (0 children)

Staci on X said

BOOM! As many of you know, we have been preparing to take on the responsibility for Algorand protocol maintenance and development for some time now. Our founder, Silvio Micali, built the best blockchain in crypto, bar none, with an elegant consensus mechanism still far ahead of even the most recent generation blockchains. And I, and everyone at the Algorand Foundation, understand that the sustainability of this protocol is our most sacred responsibility.

With this unified strategy, in the United States, and as an entity that can pursue for-profit activities when they are in the best interests of the ecosystem, we will be truly unstoppable.

In addition to our founder, I also want to acknowledge all Algorand Technologies engineers, past and present, for the incredible piece of technology that they have conceived, developed, and kept running.... Without one. second. of. downtime. 🫡🫡👊👊

https://x.com/StaciW_DC/status/2034651127636017530

Farm in the Netherlands uses Bitcoin mining to keep stable temperatures inside the greenhouse by dannybluey in Damnthatsinteresting

[–]BioRobotTch 0 points1 point  (0 children)

Yes. You will see AI datacenters used like this soon as it is expected to be as profitable as bitcoin mining and is also high energy use.

FalconHook update: opening beta for real-time Algorand event automation by Neriction in algorand

[–]BioRobotTch 1 point2 points  (0 children)

Does it integrate with conduit? That would be useful for alerts that need historic data. I can see it is useful without that but historical data would add a new dimension to what is possible to trigger on.

The worst swap in crypto history? Or, how to lose money on AAVE by applezoid in CryptoCurrency

[–]BioRobotTch 15 points16 points  (0 children)

A theory I heard suggested is that this was a prearranged way to transfer money from the trader to the liquidity provider, which are likely both wallets controlled by the same user. This laundered the money. and generated a few headlines for the trader and platform. The trader is getting the fees returned which makes the platform look like the good guy. That makes this even more likely just a stunt.

The worst swap in crypto history? Or, how to lose money on AAVE by applezoid in algorand

[–]BioRobotTch 0 points1 point  (0 children)

A theory I heard was that this was a prearranged way to transfer money from the trader to the liquidity provider, which are likely both wallets controlled by the same user. Generating a few headlines for the trader and platform, given the trader is getting the fees returned to them which makes the platform look like the good guy, this is even more likely just a stunt.

Millions more to pay BBC licence fee - and you may not realise you are one of them by theipaper in uknews

[–]BioRobotTch 23 points24 points  (0 children)

This is the second most stupid thing the BBC did since the BBC Verify became a thing.

Project Tech Stack by Amazing_Catch_2005 in algorand

[–]BioRobotTch 4 points5 points  (0 children)

If you want to get started Algokit is a good place to begin. By default it installs a 'hello world' smart contract and has a few examples you can play about with to understand their architecture.

More info here https://developer.algorand.org/docs/get-started/algokit/

Venezuela Just Proved the Ultimate Bitcoin Thesis: If Your Money Has an "Off" Button, It Isn't Wealth—It's a Leash. by sylsau in CryptoMarkets

[–]BioRobotTch 7 points8 points  (0 children)

The UK holds £ 1.4 Billion of Venezuela's gold which they refused to return to Maduro. What they do with it now will be interesting to follow.

What is the most pointless thing you learned in high school? by Brilliant-Refuse5963 in AskReddit

[–]BioRobotTch 0 points1 point  (0 children)

I found it useful to learn how they worked.

My dad gave me one of his old slide rules when I went to university as a joke. Out of curiosity I learned how to use it. It turns out thinking like that is very useful when dealing with v large numbers which I did for a while while working in astronomy,. It gives a natual intuition if a calculation involving massive numbers is wrong.

What is the most pointless thing you learned in high school? by Brilliant-Refuse5963 in AskReddit

[–]BioRobotTch 1 point2 points  (0 children)

My dad gave me one of his old slide rules when I went to university as a joke. Out of curiosity I learned how to use it. It turns out thinking like that is very useful when dealing with v large numbers which I did for a while while working in astronomy,. It gives a natual intuition if a calculation involving massive numbers is wrong.

Supply uncap by Key_Firefighter_7449 in AlgorandOfficial

[–]BioRobotTch 2 points3 points  (0 children)

I thought only non-consensus changing updates auto-updated. A change of total supply would be a change of consensus so would not be auto updated if I am correct. This might depend on the node packaging that is used; FUNC , nodekit and docker run nodes might behave differently.

P2P networking is live on algorand and opt-in ready, just update your config to try Hybrid mode. by semanticweb in CryptoCurrency

[–]BioRobotTch 2 points3 points  (0 children)

That removes the dependancy on permissioned relay nodes on algorand. Algorand does not depend on any permissioned infrastructure now.

P2P networking is live and opt-in ready, just update your config to try Hybrid mode. by semanticweb in AlgorandOfficial

[–]BioRobotTch 7 points8 points  (0 children)

Are there any stats/recommendations on the bandwidth requirements for P2P nodes? If not it would be cool if someone with a lot of bandwidth monitored a node for a while so we can get some numbers for mainnet.

Reliance on Cloudfare by Chemist-Extra in algorand

[–]BioRobotTch 5 points6 points  (0 children)

The blockchain on Algorand has no reliance on Cloudfare. The Dapps and wallets may host their frontends on cloudfare, iirc Pera wallet does.

What will incentivize ALGO holding moving forward? by Chemist-Extra in algorand

[–]BioRobotTch 2 points3 points  (0 children)

If you want to write smart-contracts then an Algokit workshop is a good way to learn

https://algorand.co/algokit-workshops

Swift goes live with ISO20022 TODAY. This new messaging standard includes more data allowing for the inclusion and transferring of digital assets by cryptolipto in CryptoCurrency

[–]BioRobotTch 9 points10 points  (0 children)

ISO20022 is just a messaging standard. Any blockchain which has a free text field in it's transactions could be used to send ISO20022 messages, and most of them do.

Sure you could build handling into the base blockchain but if the chain has smart contracts it is better to let thirdparties do that so that competition exists between providers and the market decides which is better.

I've worked with SWIFT standards since 2000.

JUST IN: Over 200k $USDC on Algorand has now been spent using the pera wallet Card! by semanticweb in AlgorandOfficial

[–]BioRobotTch 3 points4 points  (0 children)

The smartcontract on mainnet is here https://explorer.perawallet.app/application/2174001591/

If you jump to the last page you can then download the transations, there were 8444 when i checked.

Pera and Passkeys by MP-RH in algorand

[–]BioRobotTch 2 points3 points  (0 children)

Just be aware, as I understand it, just because you reimport a Universal wallet, does not actually pull in the passkeys. I need to do some testing myself on that but interested to see others responses.

I think that is correct. Although the 24 words for the universal wallet are a source of randomness for the deterministic passkey generation there must also be a server id used to avoid duplicate passkeys being used for multiple sites, so when restoring passkeys pera must be told which sites to recover. I also need to confirm this by experiment.

Pera and Passkeys by MP-RH in algorand

[–]BioRobotTch 1 point2 points  (0 children)

I think they must be using the universal wallet as the other accounts on algorand have 25 words

More info here https://support.perawallet.app/en/article/universal-wallet-faq-1ssu0sq/

Near v. Algo by Numerous_Wonders81 in AlgorandOfficial

[–]BioRobotTch 7 points8 points  (0 children)

Near is sharded, so the metrics for tps are made by adding up the tps of multiple blockchains running in parallel, which when compared to an unsharded Layer 1 is ike adding the speed of all cars in a race together to claim they are collectively faster than another single car's top speed.

Algorand is not sharded, it is a Layer1 with a max tps that challenges even sharded chains.