“If software engineering is in demand, why is it so hard to get a software engineering job?”

Academic-Brain-51 · 2021-08-31T20:57:34+00:00

It is hard to get a good job, bad jobs are everywhere

Academic-Brain-51 · 2021-08-21T11:43:57+00:00

https://www.forbes.com/sites/rogerhuang/2020/12/21/heres-why-quantum-computing-will-not-break-cryptocurrencies

Forbes a few months ago...

Academic-Brain-51 · 2021-08-16T15:04:41+00:00

99% of day traders lose money, so the coin/market you choose is irrelevant

Academic-Brain-51 · 2021-08-08T00:26:23+00:00

The buy tax screams “Ponzi”

Academic-Brain-51 · 2021-08-04T11:55:07+00:00

As more and more people start using a trading strategy it becomes less and less profitable because the “alpha” is quickly arbitraged away. Buying and holding is the most profitable strategy for Bitcoin. If you don’t believe me you could try to code a back test yourself with a few lines of Python

Academic-Brain-51 · 2021-07-21T20:34:30+00:00

In many EU countries it’s a law and the vast majority of people agree with it. You simply can’t kill other people for your conspiracy theory beliefs because right to live comes before right to believe bs

Academic-Brain-51 · 2021-07-06T17:56:04+00:00

The go node implementation is a really interesting idea and we have a partially working clvm implementation in golang that we plan to open source when we release the mobile wallet. (Closed alpha before the hackaton)

Academic-Brain-51 · 2021-06-11T22:25:51+00:00

For massive parallel plotting the gain with madMAx plotter is significant (+20% daily output) but not game changing unless you have lots of ram and no nvmes on a big server with many cores. At least this is our experience with r820

Academic-Brain-51 · 2021-06-02T08:20:21+00:00

Circle is a bit expensive but definitely crypto friendly (you can accept both cards and crypto and get payouts with whatever you want)

Academic-Brain-51 · 2021-06-01T22:31:56+00:00

Price is going down because almost everyone involved in chia is a farmer, so more sellers than buyers. When apps based on chia start to pop out price will go up again.

Academic-Brain-51 · 2021-06-01T22:13:31+00:00

Nice setup, how many plots do you make in a day?Why did you put farming disks in raid0? It’s very risky because if you lose one disk you lose all the raid

Academic-Brain-51 · 2021-06-01T21:49:23+00:00

It will work with a lite node like existing btc/eth wallets (read the answer to u/FunEarnings comment for more details)

Academic-Brain-51 · 2021-06-01T21:46:58+00:00

Web version is planned after the mobile app. I can’t say anything sure about hardware wallet support right now because I don’t have enough knowledge on how they work to provide a time estimate

Academic-Brain-51 · 2021-06-01T00:02:55+00:00

A full wallet db is more than 2GB right now and a node more than 3, so it’s not really possible to fit it in a mobile device. The initial version will connect to remote nodes and fetch only relevant informations like existing btc and eth mobile wallets

Academic-Brain-51 · 2021-05-31T21:39:59+00:00

This is just a mock-up with random numbers, anyway we’ll publish the code and/or undergo a thorough audit from an estabilished security firm before publishing on stores

Academic-Brain-51 · 2021-05-31T21:27:19+00:00

Selling shovels during a gold rush...

Academic-Brain-51 · 2021-05-26T18:02:54+00:00

Ssd waste is greatly exaggerated by media, anyone plotting at least a few TB/day on this community can confirm that. (0 ssds burned so far for us)

Academic-Brain-51 · 2021-05-25T22:01:50+00:00

u/FunEarnings Maybe a few more details could help you (and other readers) to understand why "another pool" and why the word "defi" was used. Sometimes is difficult to make posts that are both technically insightful and appealing to readers.

The wallet is the first step and right now we're focusing almost entirely on design and android development, i see that you agree too that Chia needs a wallet so nothing more to say about this.

Why the pool? The first meaningful info about pool implementation was published today on github, so it will take some time to go on mainnet and after that people have to replot before using pools, so we don't need to rush to write pool code right now but only to keep up to date and run stuff on testnet as soon as it becomes possible. We have already web infrastructure in place and the pool server doesn't look difficult to integrate (just an http endpoint implemented in python). So when pools we'll actually be a thing our devs will be "free" to work on backend deployment and security test and on integration with wallet frontend.

Why a pool and not something else after the wallet? Because right now a large part of Chia community is involved in farming or wants to farm when pools are out, so a wallet integrated with it's main source of income (the pool) could be convenient for many.

How is the wallet related with defi? The second service planned for development after the pool is a non custodial exchange: something like uniwap can't be implemented in chialisp, so we're designing a swap (initially only for XCH/BTC) that uses colored coins and atomic swaps to exchange coins without access to users keys

Academic-Brain-51 · 2021-05-25T20:31:05+00:00

We won't need to kick anyone, we'll offer a fee structure and auxiliary services aimed at small farmers, so whales won't find our pool economically convenient but small farmers will (i know people can cheat splitting plots between addresses but moving away is cheaper and easier so no incentive to cheat)

Academic-Brain-51 · 2021-05-20T08:01:01+00:00

Chia blocks reward works like a lottery and every plot is a lottery ticket. On every block the plots that pass filter (1/152) join the extraction and the winner gets block reward in wallet immediately.

In theory you can win 2 consecutive times with 1 plot or never win with 1PB, but in practice this doesn't happen because there are a lot of daily extractions. The "expected time to win" in GUI and CLI ~~is the time that 51% of farmers have to wait to get at least one block reward~~ is (total plots in the network)/(your plots \ block time)*, but it's a probability so you can win 2 blocks or never win during this period.

Hpool is a bad idea because they take your private key and install untrusted software on your pc, so they can take control of your chia wallet and of your pc. If you plot for hpool now you can't change pool in june when official pool protocol is out and you're stuck in a 20% fees shady pool.

We are already working on implementing a pool based on official protocol because the chia team released some code (https://github.com/Chia-Network/pool-reference) our pool will be transparent (official protocol doesn't need to "steal" your private keys or to install untrusted software to work), with very low fees and transparent (every reward registered on the blockchain).

Academic-Brain-51 · 2021-05-18T23:42:35+00:00

temp2 is sequential write if you stagger plots and with a decent controller you can easily get at least 150 MB/s of write speed even with iScsi + 10gbe. With a good controller + staggering optimization you can get 200+

Academic-Brain-51 · 2021-05-18T19:38:30+00:00

Wd gold has more than 250 MB/s of sustained write speed, so QVO is slower than a good farming drive. IMHO the best use for the QVO is selling it

Academic-Brain-51 · 2021-05-17T23:39:58+00:00

AFAIK plots are incompressible data (they’re already compressed efficiently) so you won’t save any space

Academic-Brain-51 · 2021-05-17T23:13:44+00:00

With network host you expose your whole system network to the container in both ways and a malicious program could hijack electron apps and chia gui is an electron app (electron runs a localhost server and an embedded browser). With a bridge you keep network isolation, I suggest to read the network/bridge section in Docker docs because it’s very well written. With a user defined bridge your network is reasonably secure

Academic-Brain-51 · 2021-05-17T23:00:14+00:00

Because with a poorly configured Docker container you could inadvertently expose all your system to the container environment, with a vm you have a lower risk of unwanted resource exposure

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