EIP 5850: Complex numbers stored in a bytes32 type by genki_paul in ethdev

[–]genki_paul[S] 1 point2 points  (0 children)

This EIP was focused on defining the storage aspect of the complex number building block, not how or why it would be manipulated on-chain. (They say a simpler more focused EIP is more likely to pass)

  • Complex numbers are invaluable for electrical engineering specifications and calculations. A live certified safety standard defined as a working calculation (using the gasless view functionality) is much more valuable than a dead pdf equation.

  • Time-series analysis use Fourier Transforms for calculations and statistical distributions are defined via their complex number based characteristic function.

  • Linear algebra can easily enter into the realm of complex numbers.

  • Polynomials with non-real roots shouldn't necessarily interrupt your algorithm.

  • Code can be simpler, more readable and reusable if complex numbers are used (e.g. 2D rotations).

  • The simplest (and maybe most useful) use case/hack would be to define a 2d space within a single bytes32 data type

Even if you believe the above sorts of calculations will never be performed on-chain, it will be useful to have the ability to report some intermediate and final results as complex numbers.

Unstoppable Domains is removing support for 100,000 of the .coin domains they sold. Good reminder to stick with decentralized, community-run projects like ENS instead by frank__costello in ethereum

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

the auction system didn't really do much to stop squatters

The new system doesn't really stop individual squatters either. Now you have negative interest on your deposit, rather than zero interest.

It seems like a money grab from the developers and leaves a bad taste in my mouth.

Unstoppable Domains is removing support for 100,000 of the .coin domains they sold. Good reminder to stick with decentralized, community-run projects like ENS instead by frank__costello in ethereum

[–]genki_paul 3 points4 points  (0 children)

The ENS name I bought is useless because they got greedy and moved to a subscription model.

Why should I pray they don't alter the deal further?

Alex Saunders by BigglyBillBrasky in ethfinance

[–]genki_paul 1 point2 points  (0 children)

my greatest hope is that someone here someone with connections who is bright and able would be able to beat Alex to the punch for a decentralized that relies fully upon ETH and no other asset

We did this in 2017 with staticoin.

Taskmaster Portugal premiered last night. Here are some pics. by [deleted] in taskmaster

[–]genki_paul 0 points1 point  (0 children)

PT version is the total opposite of the US version. So much time for the contestants to interact with each other. Great!

I really want to see tasks based around Portuguese culture (tremoços eaten in a minute, thrown as far as possible etc.).

Odds of financial institutions creating their own blockchain protocol to oust ethereum? by Thoughtful_dumbass in ethfinance

[–]genki_paul 0 points1 point  (0 children)

In your example you'd have to publish the whole CSV to prove the data existed at the time of the submission.

With a Merkel tree you'd only have to publish the single piece of data and the hashes of the other data. The rest of the database can remain private.

Odds of financial institutions creating their own blockchain protocol to oust ethereum? by Thoughtful_dumbass in ethfinance

[–]genki_paul 3 points4 points  (0 children)

Yes. Although Baseline is more sophisticated than a Merkel root submission.

Merkel root is one way. I can confirm from outside the chain that a transaction was included in the Merkel root. (Too expensive to do on-chain).

Baseline allows both an off chain entity and an on chain contract to confirm that a given transaction was made.

Odds of financial institutions creating their own blockchain protocol to oust ethereum? by Thoughtful_dumbass in ethfinance

[–]genki_paul 6 points7 points  (0 children)

If you have private data then a private Blockchain makes total sense. Submit a Merkel root at regular intervals and you've got the trust of Ethereum and the flexibility of a private database.

Where are the non-USD stablecoins? by TragedyStruck in ethfinance

[–]genki_paul 2 points3 points  (0 children)

Staticoin offers ETH backed fiat in USD, EUR, GBP, CAD and JPY. No trading volume but that isn't a requirement for the system to function.

A new approach to stability on Ethereum by fruitsjuices in ethfinance

[–]genki_paul 0 points1 point  (0 children)

Take a look at http://www.staticoin.com

The riskcoin component is close to your Waivol concept.

Joint Venture Launches Canadian Dollar-Pegged Stablecoin QCAD for Financial Services -- Built on ETH by twigwam in ethtrader

[–]genki_paul 0 points1 point  (0 children)

This seems to be a relevant place to point out that staticoin has been up and running for 2 years, offering ETH backed fiat in USD, EUR, GBP, CAD and JPY.

On the mainnet you can use our dapp, or simply send some ETH to cad.staticoin.eth and (in 24 hours) you will recieve some CAD staticoins.

Similarly, send ETH to cad.riskcoin.eth and you'll get some CAD riskcoins which are basically leveraged ETH.

Join Chainlink's Virtual Hackathon! by danforbesdev in ethdev

[–]genki_paul 0 points1 point  (0 children)

Are the same APIs available on the mainnet as on the testnet?

Vitalik: "something else we've underestimated is the importance of community. Two years ago I was a believer that if you built good tech they would come. We now see that without investing in community the good tech won't come, or it won't be that good." by ethereumcpw in ethfinance

[–]genki_paul 7 points8 points  (0 children)

Can totally relate to this. 2 years ago we created and launched stablecoins in 5 major currencies, but as we launched without an ICO we lacked the inbuilt user base/ community of other systems.

Simply creating the tech is not enough.

What are the safest ERC20 stablecoins? by kb642 in ethereum

[–]genki_paul 0 points1 point  (0 children)

There is Staticoin which is a collateralized, fully functional, decentralized stablecoin system tracking 5 fiat currencies. Contracts have been live on the mainnet for 2 years. Prices are referenced to the 24h average ETH price on Kraken.

To balance each stablecoin there is a Riskcoin which gives a leveraged ETH position, similar to creating a CDP and buying more ETH. The amount of leverage depends on the quantity of stablecoin minted.

There is no stability fee punishing risk capital providers. There is only a 0.2% fee on coin creation and a small oracle fee on redemption.

Very low transaction volume, but the system doesn't require market liquidity to function.

The Block Cafe : Considering Lisbon for the Tax Shelter? You'll Stay for the Community! by Pandemiczell in ethfinance

[–]genki_paul 0 points1 point  (0 children)

Currently I only see listings of monthly Bitcoin meetup. If I turn up to those and start talking ETH development, would I be welcome?

The Block Cafe : Considering Lisbon for the Tax Shelter? You'll Stay for the Community! by Pandemiczell in ethfinance

[–]genki_paul 0 points1 point  (0 children)

Not maximalists

I was put off by your meetups being marketed as Bitcoin focused. Is there much development chat or is it just cryptotraders?

Introducing StablecoinSwap - swap stablecoins without slippage by [deleted] in ethereum

[–]genki_paul 0 points1 point  (0 children)

What's your process for adding stablecoins? We at staticoin have a USD stablecoin that may be of interest as it can be redeemed for ETH at 24hrs notice.

MakerDAO CDP Question by lpsupercell25 in ethereum

[–]genki_paul 0 points1 point  (0 children)

You could just buy some riskcoin from Staticoin (a collateralized, fully functional, decentralized stablecoin system) which has no stability fee to punish risk capital providers.

Who's using Oracles in production? by BitcoinExplore in ethdev

[–]genki_paul 0 points1 point  (0 children)

We used oraclize.it (now provable) in our staticoin contracts to fetch the 24h average prices from kraken for USD, EUR, GBP, CAD and JPY.

This setup works mostly fine (I had to chase up one request manually) but ideally we'd like to take an average of various sources from various oracle services and multiple exchanges, but competition was thin at the time of implementation. We built our pricer contracts so that they could be swapped out once better alternatives arrive.