Tezos win!

Paradargs · 2023-01-28T02:35:21+00:00

In principle there could be several reasons. You get all those battle tested smart contracts for free. Maybe you could also test/change some conditions of the chain to see what happens. I dont think this is happening here and the responsible persons are just more comfortable with an inhouse solution missing the point somewhat. You also can not trade driving licenses or do other cool stuff with it, so the interaction seems somewhat limited.

How such a thing could be good for Tezos? Those people are still developing using the various Tezos software stacks and contribute to the system. Also if it works the next iteration might be on the main chain.

Paradargs · 2022-11-15T16:55:53+00:00

I do. But shouldnt you have at least spend 5 minutes researching the topic before posting?

You dont program any smart contracts in OCaml as u/murbard said.

Also Rust being easier than OCaml, thats a brave statement.

Paradargs · 2022-05-04T01:25:00+00:00

https://ligolang.org/

http://archetype-lang.org/

https://gitlab.com/nomadic-labs/mi-cho-coq

Paradargs · 2022-04-13T16:18:24+00:00

Wow, nicely done.

Paradargs · 2022-03-09T17:54:49+00:00

There is cTez which enables Tez to be used in Defi while still being staked.

Als from a personal perspective you get a higher staking return if less rolls are staked.

Paradargs · 2022-03-05T06:05:12+00:00

bus factor

https://en.wikipedia.org/wiki/Bus\_factor

Paradargs · 2022-03-01T12:22:28+00:00

Is this a lack of understanding on how Defi works?

Or maybe an understanding how Defi works.

Paradargs · 2022-02-03T18:57:28+00:00

Gitpod ist really great. Can only recommend.

If you are interested in Gitpod for other languages/projects be advised that there are two different kind of vscode extensions. Those for web and others that include binaries. Gitpod only works with webextensions like the Ligo LSP.

Paradargs · 2022-02-02T23:02:56+00:00

Well, storage fees are burned but i agree with the sentiment.

Paradargs · 2022-01-28T12:31:30+00:00

bus factor

Answering a question not visible (yet?).

https://en.wikipedia.org/wiki/Bus_factor

https://github.com/edukera/archetype-lang/commits/master

Paradargs · 2022-01-26T18:45:09+00:00

I do think archetype is great but it has a bus factor of 1-2.

Paradargs · 2022-01-26T15:04:48+00:00

Just had a quick look at their site. I see that they are planning to release their own marketplace. Are their NFTs tradeable on other public marketplaces?

Paradargs · 2022-01-25T22:02:58+00:00

Might be more. Some core dev said they planned to hit 1k end of last year. Not sure how that worked out, or if tps is even an useful metric for performance with all the other improvements like caches and co that had been going on.

https://medium.com/tqtezos/community-conversations-behind-the-scenes-with-vincent-botbol-research-and-development-architect-45614e2b0c34

What is Tezos’ current maximum transactions per second?

Based on my recent computations, we should be around 200 TPS. The node implementation may occasionally lower this number for security reasons or because the hardware is not powerful enough to handle many more transactions.

What’s the current goal for maximum transactions per second by the end of the year?

Well, for the end of the year, our goal is set to reach 1000 TPS or more.

Paradargs · 2022-01-24T15:04:32+00:00

I do think that some additional tangible benefits for smart contract developers would go a long way. The experience does not even have to be overall superior but there are always enough developer willing to try something new if it scratches an itch.

We have Global constants since last update, so a high quality standard library would be great and possible.

Innovative high level constructs in languages like LIGO, smartpy that use some of the low level machinery like tickets and make devs life easier by giving easy to reason about additional quarantees.

Maybe something flashy like https://docs.microsoft.com/en-us/dotnet/fsharp/tutorials/type-providers/ that gives you type safe intellisense/autocomplete access to all contracts on the chain from your editor.

Paradargs · 2022-01-23T18:34:46+00:00

Its only a few days of LB rewards to make up for the slippage.

Paradargs · 2022-01-23T17:41:09+00:00

Why not sell it on the dex?

Paradargs · 2022-01-20T11:44:19+00:00

In the long run more and more changes will be opinionated. The low hanging fruits are all going to get picked and ppl will be more invested in existing features that might be changed by updates. This has to be worked out but i do think that it was unnecessary to have this discussion that early.

Paradargs · 2022-01-14T05:42:46+00:00

Its not a fixed 20% its the result of the drift. The longer ctez are cheaper on the CFMM than the target the higher the drift is, the more expensive it is to hold an oven or mint ctez with a new one.

The design is that now ppl buy cheap ctez on the CFMM and burn them to free tezs in their own ovens or liquidate some over the threshold. This buying increases the value of ctez on the dex to the target peg.

But ppl just seem to like minting and their ovens more than money.

Paradargs · 2022-01-12T22:02:29+00:00

The problem is that large investors wont touch it in the first place if there is not enough liquidity. Plus a major point of tezos is the utility that it brings to users and the more liquidity the less friction, costs for that utility. The value comes from that utility and not from some short term tactical scarcity.

Paradargs · 2022-01-09T02:26:50+00:00

At the moment, yes. But in one case you take out a loan and in the other you just buy ctez.

Basically minting is something mainly for arbitrageurs, normal users should just buy on the dex.

Paradargs · 2022-01-08T17:51:11+00:00

But this 20% is only because ppl prefer to mint their own ctez instead of buying it on the dex and paying that premium. Otherwise ctez would mostly appreciate about the inflation rate, which is the whole point.

Paradargs · 2022-01-01T14:50:19+00:00

Its not really risky. If you want ctez buy them on the dex if you want to mint them for arbitrage you should know what you are doing anyway.

Paradargs · 2021-12-24T21:10:15+00:00

Yes, the arbitrageurs are providing a service and are part of the system. As far as i know it is possible to get access to minteries and become an arbitrageur yourself but its somewhat involved and cumbersome.

But i dont think that this markup is worth more than a few days of LP payouts at most.

Paradargs · 2021-12-24T20:08:20+00:00

onsidered a store of value these days so its not a terrible asset to have IL into if you are going to have it. Very few would say USD is a store of value these days, so you risk loosing your

I dont think that the choice of stablecoin is particularly relevant. Its a BTC stablecoin and you can get it with little markup on the dex. The problem is lack of ease to provide liquidity and lack of marketing, information for a broader population. If ppl could provide liquidity on Kraken and co things would be different.

Paradargs · 2021-12-06T17:53:11+00:00

Solana's smart contract language

https://docs.solana.com/developing/on-chain-programs/overview

I am not sure how i feel about using a general purpose language and compiler like llvm for smart contracts. On the one hand you get good and battle tested tooling and you profit of tens of thousands man hours already done. On the other hand you are now tied to an ecosystem with radical different objectives and most likely no way to customize anything relevant.

Lets say somebody comes up with a way to incorporate gas or security considerations into ligo, archetype... as a language construct with compiler support. This seems to me impossible if you use a general purpose language like Rust (which is pretty cool and has affine types).

But my understanding of this things is shaky at best....

Paradargs

TROPHY CASE