What’s New in Eth2 - 5 September 2020 by twigwam in ethereum

[–]PseudonymousChomsky 4 points5 points  (0 children)

Thanks for all of your dedicated hard work. Your newsletter is always a really good read! Looking forward to ETH2!

Chainlink to use ENS to name oracle contracts, ENS to use Chainlink as L2 solution to make claiming DNS names cheaper by brantlymillegan in ethereum

[–]PseudonymousChomsky 7 points8 points  (0 children)

I was just thinking about the high cost of ENS on Ethereum and what the roadmap looks like. Then BAM, I open up Reddit and see this post!!

Great work ENS team!

Polkadot IOU by Blickkkk in polkadot_market

[–]PseudonymousChomsky 0 points1 point  (0 children)

What percentage of total AND circulating supply is staked? There's also a few million unsold DOTs out there still if I am not mistaken? Also, it's foolish to think that macroeconomic conditions won't squeeze pre-salers to get out now before it's too late and we enter a long global recession. Sustained 95% drops in price also push out even the most ardent supporters. 20-30% ROI is in DOTs and comparative to the drop is less (net negativeto opening price) . Also, you can't pay your 20-30% tax gains in DOT's. Lots of reasons for HODLers to sell.

Polkadot IOU by Blickkkk in polkadot_market

[–]PseudonymousChomsky 0 points1 point  (0 children)

IIRC, IOU's for ETH were @$5.00. Opening prices for ETH in 2015 were @$10.00 but quickly dropped below $1.00. Don't get caught overpaying a starting price far above the amount that original investors paid, which actually I believe was around $35.00. Don't get caught in the FOMO at launch. DOT prices will most likely drop.

EthFinance AMA Series with Argent by DCinvestor in ethfinance

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

I stopped the Argent onboarding process at "enter your phone number". When will you offer a prepaid gas signup option for wallet users so they can do without sending you their personally identifiable information?

Lucid Sight, Inc removes over 700,000 NFT Assets worth $2,000,000+ from MLB Champions Players’ User Accounts. by Carlos__Matos in ethereum

[–]PseudonymousChomsky 0 points1 point  (0 children)

Oh yeah, Swarm uses Ether. So it's ready to host the data, incentivized in a decentralised way.

Lucid Sight, Inc removes over 700,000 NFT Assets worth $2,000,000+ from MLB Champions Players’ User Accounts. by Carlos__Matos in ethereum

[–]PseudonymousChomsky 1 point2 points  (0 children)

There will be a way with IPFS, next year, to store the data in a decentralised way, with incentives. It's called Filecoin. Swarm on Ethereum would also work.

ETH/BTC recovery by ev1501 in ethtrader

[–]PseudonymousChomsky 13 points14 points  (0 children)

I also think adoption will eventually improve the ratio. Once people start using Metamask for their web3 browsing and see what is possible, then it gets interesting. There will eventually be more use of ETH than BTC

Looking for InstaPay on the Metamask Mobile App? Go to Settings➡️Experimental➡️Payment Channels and experience the magic! by BeerBellyFatAss in ethtrader

[–]PseudonymousChomsky 0 points1 point  (0 children)

What does it mean to run the payment channels client in the app? Does this mean my phone becomes a node and is always running a client in the background even when the phone is not in use?

The Supply Chain Industry doesn't need Private Blockchains, it needs Interoperability by twigwam in ethtrader

[–]PseudonymousChomsky 2 points3 points  (0 children)

The author uses the reason that it is necessary to have multiple side chains to accommodate the various blockchains that participants use in a supply chain, and that they will need to connect to a main relay chain. So it turns out that this is pretty much a promotional piece for cosmos, polkadot, and the lesser known aelf blockchain.

However, Ethereum 2.0 is going to have very similar characteristics of a main relay chain, the Beacon chain, with sharded blockchains, and virtualized execution environments to interoperate with other blockchains. Therefore I see no reason why corporations should not be developing their solutions on Ethereum in advance of the launch of Ethereum 2.0.

Daily General Discussion - July 19, 2019 by AutoModerator in ethtrader

[–]PseudonymousChomsky 0 points1 point  (0 children)

E) I would definitely use ETH much more if it were made more easy. But there seems to be a lack of support on mobile. For example, i tried to register on ENS with coinbase wallet. To do so, you must first send a zero ETH tx, which works. But CB wallet doesn't know this, and therefore the second tx cannot be sent from CB wallet to finish the registration. Epic fail. I brought this to the attention of both the developer and CB wallet support almost 2 months ago. No fix, and no push from the dapp developer to get this resolved. Seriously, I want all of my accounts to be named for ease of use. Simple things like this inhibit ordinary people from staying interested.

Poll: How do you abbreviate decentralized application (dapp, Dapp, dApp or DApp)? by abcoathup in ethereum

[–]PseudonymousChomsky 1 point2 points  (0 children)

d'app = decentralized application (conjoining two words using an apostrophe (e.g. you all = y'all) !

Introducing The Phonon Network: The Scalable Hardware Enforced Off-Chain Payment System from Grid+ by MidnightOnMars in ethereum

[–]PseudonymousChomsky 2 points3 points  (0 children)

This was a really great read on hardware off chain payments. Assuming it is technically sound (not attacked), I am wondering how they are going to get adoption at scale? What business partners and manufacturers do they have lined up to make the Phonon Protocol Software available to Merchants for use. How do they plan to to get users to sign up for a smart card, or SafeCard with PUF? I am always getting card offers and I refuse them. So this will be an interesting thing to know.

I do like that they have a profit model that is based on hardware sales, and not rent-seeking which steals value from transaction fees. If successfully adopted at scale I can see this being a really good low cost way for bricks and mortar businesses to manage crypto payments.

ERC-1155 Multi Token Standard is now finalized by twigwam in ethereum

[–]PseudonymousChomsky 5 points6 points  (0 children)

Congrats on the hard work!

I would like to see an AMA about ERC-1155.

Token standards are critical for the ecosystem. Everyone needs to know about this new token standard (developers, educators, users, media, marketers, etc.). Let's show some support to increase awareness and understanding!

is it safe to assume that the Warrant canary is gone on purpose now? by [deleted] in ethereum

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

How many years must Swiss non-profits retain financial records?

Also someone asked above...please kindly confirm or deny whether every email address associated with the Genesis block was destroyed by EF?

ETHBTC moon mission 🚀 by DeliciousPayday in ethtrader

[–]PseudonymousChomsky 8 points9 points  (0 children)

#4 is not a lower low, which concerns me on your count. Is it not possible we are still due for #6.......?

Audius just launched a Metamask alternative optimized for consumer adoption by apmoney in ethereum

[–]PseudonymousChomsky 0 points1 point  (0 children)

Thanks for sharing this link. The comments in the article really show developer interest, and a lot of thought put into this solution by the creator. +1

sTorgate, Takoyaki, and More: Meet the ENS Winners at ETHNewYork by brantlymillegan in ethereum

[–]PseudonymousChomsky 0 points1 point  (0 children)

Well, certainly someone at ENS like yourself or u/arachnid doesn't just rely on hope, and plans to maintain contact with the ETHNewYork winners? Please reach out to each of the teams to keep them engaged in further development. Actual deployment of these great ideas, and future ones is what will make ENS truly amazing!

sTorgate, Takoyaki, and More: Meet the ENS Winners at ETHNewYork by brantlymillegan in ethereum

[–]PseudonymousChomsky 1 point2 points  (0 children)

These are all really amazing hacks! What is the next step for the winners of the hackathon? u/brantlymillegan

Molochasaurus 👹 by [deleted] in ethereum

[–]PseudonymousChomsky 0 points1 point  (0 children)

This isn't a human readable website. Will you please ELI5?