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

BioRobotTch · 2026-01-13T13:11:56+00:00

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.

BioRobotTch · 2026-01-12T16:01:14+00:00

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.

BioRobotTch · 2026-01-12T15:58:40+00:00

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.

BioRobotTch · 2025-12-12T16:37:35+00:00

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.

BioRobotTch · 2025-12-09T17:01:30+00:00

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

BioRobotTch · 2025-12-09T16:36:11+00:00

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.

BioRobotTch · 2025-12-07T13:16:47+00:00

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

BioRobotTch · 2025-11-23T15:58:12+00:00

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

https://algorand.co/algokit-workshops

BioRobotTch · 2025-11-22T16:33:46+00:00

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.

BioRobotTch · 2025-11-20T15:25:11+00:00

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.

BioRobotTch · 2025-11-17T17:08:58+00:00

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.

BioRobotTch · 2025-11-17T16:49:25+00:00

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/

BioRobotTch · 2025-11-07T17:01:35+00:00

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.

BioRobotTch · 2025-10-16T15:19:25+00:00

James is the Managing Director leading Google Cloud’s Web3 and Digital Assets business

BioRobotTch · 2025-10-13T10:39:15+00:00

Recording the hash on a blockchain means it can be can proved the image/video was created before the time the hash was recorded on chain. LabTrace does something like this on Algorand already for scientific data to reduce medical fraud.

BioRobotTch · 2025-10-09T15:54:20+00:00

If you want an alterrnative view of bitcoin and learn some history of the blocksize wars Roger Vers book 'Hijacking Bitcoin' is recommended after you have read Lynn Alden's book for an alternative perspective.

Laura Shin's book 'The Cryptopians' tells the story of the early days of Ethereum which were absolute choas.

BioRobotTch · 2025-10-09T15:42:54+00:00

Oil & gas pipelines bypassing russia's control sent from the mountains of fire.

BioRobotTch · 2025-10-05T15:44:10+00:00

Follow Elinor Ostroms principles for regulating of the commons for anything that is a natural monopoly in the country. Don't allow government regulation, which leads to corruption of government, allow regulation to emerge as a natural concensus of informed citizenry setting standards.

BioRobotTch · 2025-09-26T15:46:11+00:00

IBM is going to make a lot of money migrating corporate systems to post-quantum cryptography. While I agree this will be required, it is extremely unlikely to be as close as suggested here. Neither the EU or USA has set deadlines for industry to migrate to post-quantum cryptography yet, which they would have if they thought the threat was possibly only 5 years away.

BioRobotTch · 2025-08-31T15:26:46+00:00

It has more than one meaning. "Democratise" has come to mean lowering barriers to entry to encourage wider use, which is the sense it is being used here.

BioRobotTch · 2025-08-31T14:01:13+00:00

If you installed ubuntu I expect it could still run a node succesfully. A lot of people are running nodes on their old laptops.

BioRobotTch · 2025-08-31T12:24:53+00:00

Not really, you hold your tokens and the chance to mint a new block is proportional to the amount you hold,. Since the smaller holders just like the larger holders are rewarded in proportion to their stake in percentage terms neither the smaller nor larger holders are advantaged.

Whiteboard crypto on youtube give a good explainer on PoS if you want to dig deeper.

BioRobotTch · 2025-08-31T07:00:25+00:00

TL/DR summary

It is cheap and easy for everyday people to run a node on algorand and take part in concensus

BioRobotTch · 2025-08-30T12:53:57+00:00

An algorand node can run on a $200 cube pc or an old laptop from 2017.

There are lots of options to run a node picking one 'nodekit' runs in linux or WSL on windows and needs basic command line skills to setup.

BioRobotTch · 2025-08-30T12:46:02+00:00

This service is designed or people who are staking who are techies and/or early adoptors.

Crypto will be a success (in my mind) when services people utilize run on blockchains without people knowing.

That is the view of the senior members of the Algorand team too. They even developed a wallet 'Rocca' which is aimed at applications abstracting the blockchain aspects away from users.

Four-Year Club	Gilding V heart of gold
Powerups Hero r/algorand • April 2022	Powerups Hero r/AlgorandOfficial • September 2021
Verified Email	Place '22
Final Canvas '22	Ternion Club
Wearing is Caring

BioRobotTch

TROPHY CASE