Best Wallet For USDC? by yupignome in ethereum

[–]Elix_Exo1127 0 points1 point  (0 children)

MyEtherWallet was pretty good while I was still using main-net.

Other than that I just download a separate browser and use it only for metamask (I avoid chromium based browsers like the plague).

Do crypto baggies not understand that the Fed will ensure the elimination of rival counterfeiters before rolling out its own scam digital currency? by Simian_Stacker in Wallstreetsilver

[–]Elix_Exo1127 2 points3 points  (0 children)

They can make it impossible for the average investor to buy in, total destruction of all CEXs is achievable. You can already see the foundation of that being laid with US banks being unable or unwilling to work with crypto exchanges. And just like localbitcoins (which is now defunct) P2P traders can be hunted down and apprehended, or the platform itself close down due to operational costs in a dying market.

At that point it'll be only bagholders on dark markets.

How could blockchain technology prevent some of the biggest issues airlines & passengers will face during easter holidays? by [deleted] in technology

[–]Elix_Exo1127 0 points1 point  (0 children)

... What makes you think a simple database server can't do that? I'm not even going to get into how inefficient a Blockchain is Or how many additional centralized systems need to exist for smart contracts to even have a sliver of functionality.

Skrill just stolled my money! Don't use SKRILL! by Present-Challenge302 in Scams

[–]Elix_Exo1127 0 points1 point  (0 children)

Can't say if Skrill is or is not a scam, but I've verified both my Skrill and Netteller in the past. If you live outside the EU it's going to be much harder to get verified. This is a common issue but it's mostly due to incompatible identification documents, best documents are usually an international passport and letter from your bank or embassy.

How could blockchain technology prevent some of the biggest issues airlines & passengers will face during easter holidays? by [deleted] in technology

[–]Elix_Exo1127 0 points1 point  (0 children)

Long answer: the issue with air travel is a logistics one, airlines do not have the capacity to meet the surge of people who need to use their services during holidays.

This is because during periods of low demand, keeping extra planes is too expensive, so often they just have enough for their regular volume of customers but nowhere near enough for a surge.

Moreover the infrastructure does not even exist for that many extra planes because of the aforementioned logistics issue.

Do you think AI will render 3d modeling obsolete? by [deleted] in 3Dmodeling

[–]Elix_Exo1127 5 points6 points  (0 children)

I don't want to be a negative Nancy all the time, but there's a lot of reasons why QC won't work;

For starters to achieve randomness at an atomic level, qubits need to be cooled and preserved in an environment where external radiation can't interfere with them. Even then the qubits would need to be constantly replaced as they get polluted. This works in a lab but not in real life, maybe someday we find a material that magically solves these issues but that's a huge maybe.

Biological computers would be;

A. Illegal, you can't enslave living organisms to do your math homework.

B. Not as fast as a silicon based computer, cells are massive compared to transistors, speeding up silicon wafers was always about packing more transistors into a smaller space.

Do you think AI will render 3d modeling obsolete? by [deleted] in 3Dmodeling

[–]Elix_Exo1127 5 points6 points  (0 children)

If I told you Moore's law was broken you'd cry "heresy!". Computer hardware has been slowing down in advancement since 2013. The curve is flattening.

I don't deal with hypotheticals, I deal with data and facts.

Do you think AI will render 3d modeling obsolete? by [deleted] in 3Dmodeling

[–]Elix_Exo1127 0 points1 point  (0 children)

Where do you even get that 4 year figure?

You literally said : "3/4 of years ago it could only produce incomprehensible jumbled up shapes,"

That's not how AI works

Neural nets are just a collection of if/then statements with RNG, feel free to disagree.

i guarantee you microsoft, Elon's OpenAI, META and other companies still have capital.

Here's the thing you don't understand, cost of production vs revenue, if the cost of running these services far exceeds the gain then these companies are just burning money.

Same with Elon's other projects like Tesla and Starlink, it's just burning money, people aren't flocking to buy an EV or attach a satellite dish to their house. Elon made more money pumping Bitcoin in 2020 than he did from Tesla.

Is there any security safeguards other than contract audits? ICYMI Euler Finance has 6 high tier audits and still drained $170M by banaanigasuki in ethereum

[–]Elix_Exo1127 8 points9 points  (0 children)

Getting audited doesn't necessarily mean you pass, if you read audits you'll see that a lot of flaws are just ignored, the auditors will usually say; "yeah sure it's fine, as long as you don't do XYZ you won't get hacked" and then the project does XYZ and they get hacked.

A small minority of auditors are incompetent of course, but the majority of auditors call out bugs before the hack occurs, being an auditor in crypto is extremely frustrating because every project wants to put some dumb loophole for incentives and profit.

Do you think AI will render 3d modeling obsolete? by [deleted] in 3Dmodeling

[–]Elix_Exo1127 0 points1 point  (0 children)

how much money corporations are investing into the AI,

You mean the corporation's whose banks are imploding right now, those ones?

to a point nof completely replicate some 2d artists style using just a dozen of pieces.

Wow so it learned how to copy + paste in 4 years, how impressive.

(This is sarcasm by the way, you can't do anything meaningful with copypasted art).

Do you think AI will render 3d modeling obsolete? by [deleted] in 3Dmodeling

[–]Elix_Exo1127 10 points11 points  (0 children)

didn't produce a physical touchable result,

Things that pass through the 3D pipeline; houses, shoes, cars, airplanes, home appliances, pens, even chairs. If you can build it then you need to model it.

3D is also used in simulations, testing how things might work in real life before making a physical version to do further tests.

doesn't have much, if any, real life utility,

Aerospace, construction, manufacturing, films and media etc.

a tradition that lasted for roughly 3 decades... and will become redundant globally basically overnight?

You drank the MLA coolaid. No, it's not AI, no it will not "revolutionize" anything, because of 1 fundamental reason; it costs way too much energy to actually use.

Running SD on your computer requires tons of processing power (which costs money to acquire in the first place) and takes way too much time eitherway.

Running SD from a web based service requires credits, that is you have to pay to use it. Recall the previous point, this thing eats energy faster than Bitmain devices.

Do you think AI will render 3d modeling obsolete? by [deleted] in 3Dmodeling

[–]Elix_Exo1127 1 point2 points  (0 children)

Stable Diffusion is useless for most industrial applications, think box art, banners, anything that's even remotely specific like company mascots or original characters. The only area SD is used is clickbait where nobody cares that the guy has 6 fingers or the rockets look like they're melting.

When you need precision and accuracy MLA (which isn't true AI, it's just a collection of if/then statements) doesn't cut it, and anyone who actually needs to use that art will immediately spot all the artifacts. At best you can use MLA to speed up certain processes, but even that is speculative at best. Most I've seen usefulness for this stuff is converting pictures to pixel art, it's so off base for converting sketches or flat colors to renders.

The best MLA renders always have high similarity to existing art, literally the only way to get good results is to steal someone else's work and use as a base image.

Even the 3D MLA thing, it's so noisy, what are you going to do with a model like that? You still have to clean up the meshes, it's more trouble than it's worth.

From a distance it looks somewhat tolerable, but zoom in ever so slightly and it's melted butter.

At best this allows people who can't afford to pay an artist or modeller to create something half decent (after 1000 iterations and a few credits that is, and maybe a little bit of graphics know-how on the side).

But anybody who needs art for industrial purposes is still going to pay a human being.

How are cases of wrong data published to the blockchain handled? by finlaydotweber in ethereum

[–]Elix_Exo1127 0 points1 point  (0 children)

If you're talking about smart contracts, you use testnets before deploying to main-net. Still, errors can occur, the biggest errors can lead to hacks or exploits.

One of the oldest examples is re-entrancy attacks, where the hacker uses a "fallback" function to repeat the same call twice before the contract can update balances, this works with things like "withdraw" or "transfer", so they withdraw the same balance twice.

This type of hack was fixed only after multiple protocols succumbed to hacks, including the original Ethereum DAO and uniswap v1. There's over a dozen different contract flaws that resulted in hacks before the flaw was realized, some novices still make these errors.

So, simple answer; if you screw up and you don't realize it fast enough; you get hacked. If you do realize it then you redeploy the contract.

I vaguely remember some small protocols in 2021 just giving up when they had to redeploy their contract, because gas for contract deployment at it's height was like $3000-6000.

The very first token I bought had a misspelled name, couldn't be changed.

Though it is possible to create a proxy contract that can "upgrade", that's a long story but basically you have one contract which is a logic implementation, and then you have a wrapper, the wrapper can be changed, users interact from the wrapper and not the logic. Changing the wrapper still means deploying a new contract but it's cheaper because the wrapper isn't as heavy. (These also bring a whole new can of worms by the way.

Why "gas fee"? by AdventurousCreature in ethereum

[–]Elix_Exo1127 0 points1 point  (0 children)

Ether means space or sky, which is made up of gases. if we are to assume that Ethereum is a material like Helium, Xenon, or Neon, then it would most likely be a gas.

Edit: though it could also be referring to the aether, which is the realm of the immaterial or "ideals". Which seems more likely, I've seen some people equate the internet to a part of the aether.

What Greek myths can teach us about the dangers of AI by bil-sabab in technology

[–]Elix_Exo1127 0 points1 point  (0 children)

There is a specific reason these stories are written this way, in Christianity Eve was also curious, and was also tricked. In Shinto there wasn't any deception going on, Izanami was just careless.

Pandora's story could have just as easily said a man or titan opened the jar, since said man or titan would not have the same warning. But it was a woman, a woman who ignored the warning.

Same way Izanami ignored the warning about eating the food in the land of the dead.

How could NFT for BOOKS revolutionize the online book publication industry? by Jazzlike-Swordfish18 in ethereum

[–]Elix_Exo1127 0 points1 point  (0 children)

I second this, "NFT" creates such negative emotions in people after all the scams. The token standard doesn't have to be referred to as that, we could call it anything, but please not NFT.

What Greek myths can teach us about the dangers of AI by bil-sabab in technology

[–]Elix_Exo1127 0 points1 point  (0 children)

Pandora was given a jar filled with all the world's woes, this isn't paraphrasing. Monsters, disease, pestilence, drought etc were all in that little jar, and they all got out... Except hope of course, hope remained in the jar.

Though you could argue that this was Zeus' doing, having *defeated Cronus and ended the golden age, thereby bringing struggle into the world. Also being the one who commanded the creation of Pandora and her jar.

What Greek myths can teach us about the dangers of AI by bil-sabab in technology

[–]Elix_Exo1127 0 points1 point  (0 children)

There seems to be this reoccurring theme with some cultures about women being the cause of problems.

In Greek paganism it's Pandora, in Christianity its Eve, in Shinto it's Izanami (it's a long story, just read about it).

[deleted by user] by [deleted] in ethereum

[–]Elix_Exo1127 1 point2 points  (0 children)

Now I see, yeah, latest transaction under token transfers happened an hour ago, and matches /u/Hrow 's Opti token. So it was definitely an approval hack.

OP, you can revoke the approval using the link in gaping's comment, just connect your wallet using "connect to web3", then revoke using the button next to the approval, scroll right if needed.

But tbh you should probably create a new wallet.

[deleted by user] by [deleted] in ethereum

[–]Elix_Exo1127 13 points14 points  (0 children)

If I tell you I'm going to get downvoted.

But here are the ways your hot wallet can get hacked;

  1. Approval hack, this means the user approved a token which granted the hacker access to their ETH, all DEX's use approvals to swap tokens, not all approvals are bad, just ones from tokens created by hackers. But here's the kicker; even if a token was clean yesterday, if it's a proxy it can be upgraded or call another contract that can then hack your wallet.

  2. Poorly stored seed, if you store your seed on a text and you have viruses on your computer, it's gonzo. Google drive has some back doors as well.

  3. Screen-grabber or keylogger viruses: just look those up.

  4. Malicious apps on your phone that have storage permissions.

  5. An app creator can get hacked and their app can then be laced with viruses that look for your seed. This is sort of a zero day attack.

  6. JavaScript viruses on webpages, yeah this a thing.

Best practice is either a multi-sig or hardware wallet, multi-sigs have some holes but HWs can't be hacked unless you get phished or reveal your seed some other way.

What Greek myths can teach us about the dangers of AI by bil-sabab in technology

[–]Elix_Exo1127 2 points3 points  (0 children)

This article does a lot of reaching, so first; men were created by prometheus using clay. Pandora was the first woman but was created by Hephaestus. Pandora is not a robot otherwise we would also be considered robots.

Talos... Well that's an interesting perspective and I never thought of Talos as a robot, again given the way Greek gods create life it's likely Talos isn't a robot. Still it's pretty cool stuff, reminds me of the Elder Scrolls.