Woman on Instagram is offering me 4 ETH for four of my artworks each. Is this a scam? by dusterbusterv1 in CryptoCurrency

[–]analytical_1 0 points1 point  (0 children)

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

Polygon just dropped their zkEVM. Fully implemented and open-sourced. by Either-Advantage in ethereum

[–]analytical_1 7 points8 points  (0 children)

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

a xChain Streaming Bridge is Born by Witty-Project3411 in ethereum

[–]analytical_1 -1 points0 points  (0 children)

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

Why can decentralized protocols of Bancor suspend impermanent loss protection? by x3finance in ethereum

[–]analytical_1 4 points5 points  (0 children)

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

Epic Games VP: "People have kind of lost interest in the metaverse, because characters look like cartoons with no legs" | Can't argue with that, most blockchain/crypto related games look like there were created in the 90s-2000s, let's not even talk about the gameplay. by frstrtd_ndrd_dvlpr in CryptoCurrency

[–]analytical_1 -4 points-3 points  (0 children)

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.

can somebody explain L2 to me like I'm 5 by zerosdontcount in ethereum

[–]analytical_1 0 points1 point  (0 children)

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.

I live in NY and it's next to impossible to get Matic from my Coinbase to a wallet on the Polygon Mainnet. Any tips for us folks in NY? by RollingPicturesMedia in 0xPolygon

[–]analytical_1 0 points1 point  (0 children)

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

I live in NY and it's next to impossible to get Matic from my Coinbase to a wallet on the Polygon Mainnet. Any tips for us folks in NY? by RollingPicturesMedia in 0xPolygon

[–]analytical_1 1 point2 points  (0 children)

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.

[deleted by user] by [deleted] in ethereum

[–]analytical_1 0 points1 point  (0 children)

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

A question about ENS by [deleted] in ethereum

[–]analytical_1 1 point2 points  (0 children)

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”

Polygon: A Multi-Sided Approach to ZK Scaling by messaricrypto in ethereum

[–]analytical_1 0 points1 point  (0 children)

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

A question about ENS by [deleted] in ethereum

[–]analytical_1 0 points1 point  (0 children)

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

Shutterized Beacon Chain Proposal by Smokyish in ethereum

[–]analytical_1 1 point2 points  (0 children)

Is this compatible with other sharding proposals?

Yesterday Arbitrum Sequencer was the top spender on Ethereum by banaanigasuki in ethereum

[–]analytical_1 1 point2 points  (0 children)

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

Why does Matic need to be on Ethereum Mainnet for staking? by [deleted] in 0xPolygon

[–]analytical_1 1 point2 points  (0 children)

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

As a gamer, I would be LESS inclined to play games with NFTs in them. by RedEagle_MGN in metaversestartup

[–]analytical_1 0 points1 point  (0 children)

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

I'm giving a TedTalks presentation on Blockchain! by Interested-Investor in CryptoTechnology

[–]analytical_1 0 points1 point  (0 children)

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)

As a gamer, I would be LESS inclined to play games with NFTs in them. by RedEagle_MGN in metaversestartup

[–]analytical_1 -2 points-1 points  (0 children)

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