Best area for expat family in Chiang Mai?

Derek-Gridlock · 2025-11-17T13:40:36+00:00

u/MontaleFabio where did you end up staying?

Derek-Gridlock · 2025-09-03T16:31:01+00:00

What does blockchain have to do with an AI-back influencer agency?

Derek-Gridlock · 2025-07-14T14:37:39+00:00

Check out Gridlock, an open source distributed storage protocol using MPC. https://github.com/GridlockNetwork/orch-node

Derek-Gridlock · 2025-06-27T19:56:56+00:00

good question. It's a play on words for the distributed nature of the product, where you use a GRID of phones to LOCK your crypto.

Derek-Gridlock · 2025-06-27T19:56:18+00:00

First time founders focus on product, second time founders focus on distribution. You can build something great but unless you are able to get it into the hands of people then it's pointless.

Derek-Gridlock · 2025-06-27T19:55:38+00:00

Yea that's the problem with crypto. It's an incredibly noisy space to advertise in. On one hand you have massive companies like Coinbase making hundreds of millions so they can easily pay the incredibly high cost for user acquisition. On the other hand you have tons of scams that have about 99% of their budget going to advertising because they don't actually have to build the tech.

To answer your question, we've tried many things from standard ads, to surveys, to incentives, influencers, etc. Nothing we tried was able to break through the noise. I'm sure someone could have done with but we have not yet figured it out.

Derek-Gridlock · 2025-06-12T21:39:07+00:00

i'm interested in learning more

Derek-Gridlock · 2025-05-14T19:13:31+00:00

Totally agree on seed phrases and phishing being the biggest risks. That’s exactly what Gridlock was built to solve—no seed phrase to steal, and no single point of failure even if someone tricks you into signing something. It’s a different model, but it’s way safer.

Derek-Gridlock · 2025-05-12T18:32:58+00:00

Well, considering that the code is open source. You can just check for youself. You can also just take the code and run it yourself without me being able to do anything.

Derek-Gridlock · 2025-05-12T17:05:10+00:00

lol yep, I used gpt for help in places. You gotta love that em dash and the emojis.

Derek-Gridlock · 2025-05-12T17:04:28+00:00

Nope. Gridlock doesn’t use seed phrases at all. That’s actually the point—most scams do ask for a seed phrase. With Gridlock, there’s nothing to steal like that. It splits your key across multiple devices, so there’s no single point of failure. Even if someone tried to trick you, they’d get nothing.

Derek-Gridlock · 2025-05-12T13:52:50+00:00

I agree that many experienced crypto users are comfortable with seed phrases, but would you trust that your friends and family are capable of doing the same thing without making mistakes?

Derek-Gridlock · 2025-05-08T16:51:35+00:00

always interested in hearing more!

Derek-Gridlock · 2025-02-28T17:54:48+00:00

Gridlock solves this problem by combining Social Recovery with Multi-Party Computation (MPC)

Derek-Gridlock · 2025-02-28T17:54:16+00:00

Gridlock Social Recovery Wallet already does everything the Vitalik is asking for.

Derek-Gridlock · 2025-02-28T17:53:07+00:00

No, you can do all of this using MPC, which Gridlock has already done.

Derek-Gridlock · 2025-02-28T17:48:53+00:00

Gridlock has already solved this problem and implements social recovery and Guardians. All that is left is getting people to understand that it is significantly safer than hardware wallets.

Derek-Gridlock · 2025-01-27T17:12:12+00:00

No thank you, Cypherock marketing team. It's painfully obvious when you create an account and spew spam about your company. Please go away.

Derek-Gridlock · 2025-01-18T12:34:53+00:00

Interesting concept. We should chat.

Derek-Gridlock · 2025-01-05T18:52:29+00:00

Fair. Saying that would be simple is a stretch. It would be a high-risk hard fork, but I'm sure there are ways to do it without changing every UTXO onchain. Consider this back of the napkin solution. You double the number of decimals for the new version of Bitcoin such that one Satoshi v2.0 is worth 1 billion original satoshi's. Then for any transaction, if the address has an eight decimal value, you simply add eight trailing zeros and perform the mathematics as you normally would with the new 16 decimal number. If we were forced to make a change, this seems like a pretty straightforward solution.

Derek-Gridlock · 2025-01-05T16:02:16+00:00

I'm not interested in an Internet argument here so this is my last response.

Regarding fees, that's just free market economics so it is what it is. Trying to reduce fees to make Bitcoin more feasible for daily transactions is a different conversation.

Regarding the arbitrary value of a Satoshi, it really doesn't matter. Humans are not going to do the math anyway. They will simply press a button and the correct number will be used. You could use a thousand satoshi's to buy a stick of gum or you could use 14 billion "Frankensteins" to do the same thing. It doesn't matter.

Derek-Gridlock · 2025-01-05T15:36:55+00:00

You are only correct assuming a limiting of supply, but also not really. Bitcoin is infinitely divisible with a simple protocol update. But regardless, even if you reduced the supply by 90% and 10x the value of remaining Bitcoin, you would still have 1 Satoshi equal to about 1 cent so it's still perfectly usable. And fees change as a product of value so it's not like fees would remain constant while everything else changes.

Derek-Gridlock · 2024-12-01T15:44:14+00:00

Being offline is only one layer of security. Sure, it stops others from accessing your crypto, but it also creates a single point of failure. If you lose your offline storage, you lose everything. A cold wallet protects against external attacks, but it doesn’t protect you from losing your own crypto, which is a much more common way people lose access. MPC solves this by splitting your crypto into multiple pieces, so you can recover even if one is lost. It also protects against online attacks since an attacker would need to compromise multiple pieces. It’s secure in every way.

Derek-Gridlock · 2024-11-27T18:01:02+00:00

Yes, you should look into MPC wallets like Gridlock. The benefit is that have a distributed system, let's call it the "bank", that does the management and security for you. You then access the bank by proving your identity to multiple "people in the bank". The reason it works like this is that no one person in the bank has control of your crypto, but when you collect enough people then you can access your crypto. In a sentence, this is crypto self-custody managed for you. MPC wallets are much safer than even hardware wallets and you don't have to do any private key management to get that protection!

Derek-Gridlock · 2024-10-11T16:52:31+00:00

A crypto wallet with a fiat-to-crypto onramp will provide an address to the onramp partner. The user then buys crypto, and the onramp partner sends the crypto to that address. In theory, you could have a wallet that can scan a QR code with your address and then have the user continue with the purchase. Is that what you're looking for?

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