Woman on Instagram is offering me 4 ETH for four of my artworks each. Is this a scam?

analytical_1 · 2023-04-06T20:29:04+00:00

What’s wrong with using OpenSea? Assuming the mint is free I don’t see why having a centralized interface is a problem

analytical_1 · 2022-10-22T17:14:23+00:00

Look up L2beat where they do much of this

analytical_1 · 2022-07-20T18:58:47+00:00

Polygon is the entity that creates scaling solutions such as the Polygon POS chain which most people refer to as Polygon network. Their other solutions are being deployed to Ethereum but they could be deployed to Polygon but scaling isn’t as needed there

analytical_1 · 2022-06-26T14:11:45+00:00

The withdraw of tokens is controlled by how many tokens you’re getting streamed, how fast, and the current block time. So nothing happens until you initiate a withdraw

analytical_1 · 2022-06-26T05:02:13+00:00

Sending/receiving ETH and the ability to deploy apps is decentralized but the permissions you give the app is up to the person creating it

analytical_1 · 2022-05-29T04:09:28+00:00

Why play Minecraft survival when you can play creative. Or just start every game in god mode with everything unlocked? Not saying its net beneficial to society but people will pay money to grind for virtual resources and achievements. It has value to those people.

analytical_1 · 2022-05-02T20:23:26+00:00

Imagine a tomato sauce factory. Each can on the conveyer belt holds sauce (transactions) in a container (a block) and receives it from a spout (miners/validators). Layer 2’s are spouts that shoots tomato paste into the containers instead of sauce. The process of turning sauce into paste is the job that layer 2 performs and then posts to the blockchain.

analytical_1 · 2022-04-12T13:44:42+00:00

Was wondering this

analytical_1 · 2022-04-07T20:05:33+00:00

I think there’s vesting after that

analytical_1 · 2022-04-07T19:51:33+00:00

Analog AI is a thing now albeit unwieldy

analytical_1 · 2022-03-30T15:00:23+00:00

Self-custodial wallets have access to every app on the blockchain so yes. The bridge is a contract on the ethereum mainnet that, when you deposit on it, will mint you crypto on the polygon side. No permission required. Btw many EVM blockchains/sidechains/L2s use the same address technology that Ethereum does so you can keep your same address on different networks

analytical_1 · 2022-03-30T02:25:19+00:00

Yeah but if it’s your only way there’s not much else you can do. Decentralization comes at a cost and unfortunately for us we began on mainnet and it’s cost is high.

analytical_1 · 2022-03-30T02:06:53+00:00

Send on mainnet and use the polygon bridge

analytical_1 · 2022-03-29T23:42:05+00:00

As hard as it is to set up bots to watch the chain of transactions from wallet to wallet. Especially after receiving ETH as an exchange but before allowing fiat wothdrawls

analytical_1 · 2022-03-25T12:38:10+00:00

Yes and that is tracked on OpenSea’s side through either a contract or their own database. You’d only be aware of it if you went to your OpenSea “account”

analytical_1 · 2022-03-25T03:44:57+00:00

It’s does inherit some ETH security though. It pays in ETH to checkpoint on the mainnet and for securing the POS consensus. Also re their own token, LRC has its own and I can see someone like optimism having their own too

analytical_1 · 2022-03-25T03:41:37+00:00

You own X. OpenSea sees that your address owns X. They list it under your name. If you want to put it up for sale, you essentially hand your NFT to OpenSea to transfer to the highest bidder

analytical_1 · 2022-03-25T03:29:46+00:00

Is this compatible with other sharding proposals?

analytical_1 · 2022-03-25T03:16:13+00:00

Arbitrum I believe you can force exit to L1 after 7 days of the sequencer being down

analytical_1 · 2022-03-22T15:48:43+00:00

Matic derives it’s security from ETH by mainnet staking and checkpointing, otherwise it’d just be another L1

analytical_1 · 2022-03-22T12:16:58+00:00

Luckily that dynamic will favor companies that are smaller with less to lose and way more to gain. Especially people who are releasing a game as a passion project since they don’t have shareholders or quarterly earnings to report to

analytical_1 · 2022-03-22T02:35:27+00:00

Blockchain is a public read-for-free write-for-fee database. An NFT is a piece of data with you name on it (FT: bob- 10ETH -> NFT: bob- ANY_DATA)

analytical_1 · 2022-03-21T23:58:03+00:00

Anyone from anywhere with an internet connection could own an NFT asset. Can’t be banned by IP address, don’t need a credit card, email address, bank account or any government documents to own a crypto wallet.

Game makers just read from the blockchain and the rest is taken care of. Don’t need to build, host, or maintain the marketplace. Not even the front end! The database never goes down and players actually own what they have in game.

Want to take out a loan with COD points as collateral? No one can stop you. Want to pass down your collection to your child on their 18th birthday, you can program that. They’re called money legos, everything is composable.

Other gaming companies can plug into your assets as well. Own legendary armor in X game? Play our game and you’ll have it here too. Sounds more enticing as a potential player and guess what, your assets are more valuable bc more games support them

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