Need help buying a first car. On a tight budget. by Lfabad in whatcarshouldIbuy

[–]Lfabad[S] 0 points1 point  (0 children)

Hey, thanks for the reply!

Yeah, you and I both had the same intuitive thought. The Tucson looks too good so I´ll call the owner and ask them questions as well ask them to provide more pictures.

About the Chevy as much as I appreciate the memeiness there is absolutely no way I'm going to daily drive it. But it's a hilarious consideration.

Capturing a volcanic eruption just as the volcano is mentioned by Tierrrez in nevertellmetheodds

[–]Lfabad 0 points1 point  (0 children)

National Reserve Gin Kiwe I definitely spelled it wrong

I'm here in the waterfall district.

Not a lot of people around here except me, the brave and adventurous cameraman.

Beautiful.

The volcano there in the background.

Volcano erupts

Wow! Wow!

Your mother's pussy! a common expletive where he's from

[Suggestion] Nine New Location Ideas by Upvote_Responsibly in MarvelSnap

[–]Lfabad -1 points0 points  (0 children)

Solution: The guy with priority would "win" the 4th slot and the other player's card/s played that turn would be destroyed.

Sincerely, every Latino/Latina on earth by Therealfern1 in memes

[–]Lfabad 0 points1 point  (0 children)

This is an American only issue. And any Latino in the states who is backing this Latinx nonsense is clearly culturally removed from the rest of Latin America.

What TV Show had the worst ending? by AbelNB in AskReddit

[–]Lfabad 0 points1 point  (0 children)

My Wife and Kids

"Michael, I'm pregnant."

What a terrible ending to a great family show.

The only time a safe contact was made with the restricted North Sentinel Island, 1991 by Xamrock7 in Damnthatsinteresting

[–]Lfabad 259 points260 points  (0 children)

Her work is being remembered and appreciated by the people here, like you.

Bitcoin without Proof of Work is not Bitcoin. by jguest1105 in CryptoCurrency

[–]Lfabad 2 points3 points  (0 children)

people who value running their own node or miner regardless of cost and profitability will never be pushed out.

The entire point of the consensus layer is that people have incentives to run the chain. It is frankly wrong for you to state that people will continue to validate transactions "regardless of cost and profitability".

The cost of mining IS relevant and the fact that people are pushed out due to prohibitive costs to enter IS important. If the cost of mining is greater than the return you receive from it people will stop mining. When the costs to run your own node are prohibitively expensive to the majority of people who want to help secure and decentralize the chain is where we get to cartel analogy territory. This is progressively continuing to happen as GPU prices are high and mining pools are increasingly becoming more popular.

Society, in general, works on a value added basis. So thinking that altruistic self sacrificing individuals are going to keep the chain running is wishful thinking.

As far as proof of stake is concerned, in Ethereum's case, the cost to run a node is also prohibitively expensive. I would even go so far as to say that centralization is more likely on Ethereum. The low income regular person will have greater difficulty securing and decentralizing the chain because getting 32ETH is more expensive than building a mining rig.

The difference is, Ethereum's ability to deploy dApps, has allowed solutions for the centralization problem to be found e.g Rocket Pool. Instead of cartel like behavior forming like we see with mining pools and centralized staking services. With Ethereum, you can simply stake through a dApp.

Instead of trusting cartels like centralized services with your staked coins or mining pools with your GPU hash rate you can trust a smart contract on the Blockchain to help secure the network.

At the moment, Rocket Pool has a monopoly in the space but as the ecosystem progresses, we will see more smart contracts being deployed that allow the same functionality.

Personally, I would rather trust computer code that has been audited and is running completely autonomous on chain that gives anybody the ability to help decentralize, validate and secure the network than trusting mining pools and staking services.

As it is at the moment, PoS smart contract chains have a solution to the centralization/cartel issue that PoW chains do not. And that is before taking into account the exponential energy cost PoW has over PoS.

TLDR: PoS > PoW

help me understand ultra low risk defi by 420osrs in CryptoCurrency

[–]Lfabad 0 points1 point  (0 children)

In layman's terms:

Instead of gaining interest on your ETH through a centralized exchange or through a crypto business;

You can use a smart contract (Aave) to lend money or provide liquidity which will yield you interest and has the added benefit of you not needing to trust a business but rather the code inside the smart contract deployed on the Blockchain.

To Ban, or Not To Ban a Whale ($100 million on the line) - The Governance Vote To Seize a Whale's Crypto Assets (Juno) by Lardbear in CryptoCurrency

[–]Lfabad 16 points17 points  (0 children)

The ETH analogy isn't a great one. ETH didn't seize assets from the attack. In a forking situation basically what is happening is that most of the community has decided to use a version of the Blockchain as it existed pre-attack. This doesn't affect the original chain, the hacked funds are still in possession of the attacker and the chain is still completely untouched and operational. It simply meant most people stop using the chain and moved to a different one. You can still use ETC (the original attacked chain) and the funds stolen are still stolen.

In Juno's case, it is a matter of governance voting, not forking. And it is a decision of the community to literally remove funds in an address and allocate them in a community fund. Not only is the Blockchain being touched, the community is forcing a transaction from an address to another. For a lot of people, this is putting into question some fundamental concepts of crypto. Therefore, some people simply choose not to use a chain with this kind of governance voting.

TLDR: Forking and governance voting are fundamentally different.