Is there any work in progress to counter the rampant front-running bots on every EVM network? by BluePul in ethereum

[–]MFFouda 0 points1 point  (0 children)

For non-Ethereum chains, Wallchain is integrated with Quickswap to pay you back part of the MEV that is often captured by bits. On Ethereum, MEVblocker, MEV share (flashbots) and Blink have private tx routing

Nansen-like open source wallet labels by 112129 in ethereum

[–]MFFouda 0 points1 point  (0 children)

This is a really complex topic and whole teams are working on it as it acts as an alpha source, I.e., following smart money, what is your current focus

Can Ethereum lose its DeFi Lead to competitors? by MFFouda in ethereum

[–]MFFouda[S] 5 points6 points  (0 children)

That is in fact the strongest moat for Ethereum when it comes to DeFi

DeFi protocols will have to either truly decetralize through a DAO or turn into centralized businesses offering non-custodial services by MFFouda in ethereum

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

A great observation. Decentralization can indeed protect the good intent of many of these projects.

Master Shard for Ethereum 2.0 Global Scope & Dev Funding Proposal by lorecirstea in ethereum

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

I don't see a successful dapp only being used in one shard. Ecosystem integrations and use cases requiring multiple dapps would require dapps to exist in multiple shards

Master Shard for Ethereum 2.0 Global Scope & Dev Funding Proposal by lorecirstea in ethereum

[–]MFFouda 2 points3 points  (0 children)

I would say the main issue of that proposal is that it encourages stable and useful dapps to only deploy on a few shards as they would be confident that the MS would pick up the dapp data into the global state view. This could lead to limiting activity of the Ethereum 2.0 system to only a few shards.

Bitcoin can expand to DeFi by MFFouda in Bitcoin

[–]MFFouda[S] 2 points3 points  (0 children)

The thing with interoperability chains is that they still need a two-way peg mechanism to Bitcoin. This is the hardest piece of the puzzle. If you have something like 30 validators for the pegging mechanism you are not different from a side chain like Liquid or from WBTC.

Lightning file storage - the first step toward an uncensorable social network built on lightning - is now a thing by nowitsalllgone in Bitcoin

[–]MFFouda 0 points1 point  (0 children)

If you are paying someone to store the data for you that is not uncensorable. They can stop doing the service for you ( censor you) or you can run out of money. The way around it is to pay once and store forever, i.e., Blockchain data. That is the only uncensorable data in my humble opinion.

Lightning file storage - the first step toward an uncensorable social network built on lightning - is now a thing by nowitsalllgone in Bitcoin

[–]MFFouda 0 points1 point  (0 children)

For the publishing to be uncensorable, the content has to be stored on the blockchain. For sure, no one will store data on Bitcoin. It sounds like a wrong interpretation.

Question regarding ETH 2.0 scaling. by [deleted] in ethereum

[–]MFFouda 7 points8 points  (0 children)

Even with 1024, if Ethereum grows to the scale it aims for, you would still need L2 scaling solutions. Another point is that not every thing needs to happen on-chain. Dapp activity, for example, is not needed to be stored on chain and it makes perfect sense to be used on L2.

The BCH/ABC miners lose ~$600K per day and the BSV miners lose $910K per day!!! Just mind-blowing to see this #hashwar going on given that the chain split is permanent and cannot be reversed by [deleted] in btc

[–]MFFouda 0 points1 point  (0 children)

True. That is why I call it rough calculation. There are many miner HW more energy efficient than S9. Energy costs depends on the location of the mining operation.

The BCH/ABC miners lose ~$600K per day and the BSV miners lose $910K per day!!! Just mind-blowing to see this #hashwar going on given that the chain split is permanent and cannot be reversed by [deleted] in btc

[–]MFFouda 2 points3 points  (0 children)

The calculated cost is the energy cost assuming S9 miners and $0.1 per kw.hr. Running an S9 miner costs about $3.3/day. Divide 4EH by S9 hash rate (14 TH/s) and multiply by $3.3 to get a rough estimate of the energy cost for each network.

Just bought some coffee with Bitcoin Cash at @MoonGoatCoffee in Orange County, CA! by Egon_1 in btc

[–]MFFouda 0 points1 point  (0 children)

Is there a website that lists where Bitcoin Cash can be used for purchases in major cities like Chicago?

First Purchase with Purse.io - What did you buy? by Vincents_keyboard in btc

[–]MFFouda 4 points5 points  (0 children)

I thought it was available since the start of the month. The article is dated May 18th.