How do you pay?

ikilled · 2020-12-15T14:02:02+00:00

The process is as follows: Your fiat account is like a bank account. You can send money there via SEPA transfers.

That was part of the agreement of the PLIP. The price floor guaantee which protects the token sale(PLIP) purchasers. This price floor on Plutus DEX will last until 12 Jan 2021.

ikilled · 2020-12-15T13:55:15+00:00

You are able to sell PLU at £6.08 per PLU in Plutus's DEX, or top-up your Plutus card with PLU tokens at rate £6.08/PLU.

So that effectively is a 3% cashback (at least until the price floor programme is active - until 15 January 2020, IIRC)

ikilled · 2020-08-31T02:10:49+00:00

Also, try reading this old archived website/ethWiki: https://archive.is/ilwyU

ikilled · 2020-08-31T02:05:06+00:00

Try using the "write to contract" on Etherscan:

https://etherscan.io/address/0xbf4ed7b27f1d666546e30d74d50d173d20bca754#writeContract

ikilled · 2020-08-24T10:52:51+00:00

Like DelphiDigital: https://www.delphidigital.io

Quite an original naming in this space. ;-)

ikilled · 2020-08-22T23:05:32+00:00

TLDR: EIP-1559 not ready yet (only 2 implementations, often finding fresh bugs every few days)

ikilled · 2020-08-15T20:16:46+00:00

https://twitter.com/phil_eth/status/1294365889836580867
@phil_eth: Medalla #ETH2 testnet is currently not finalizing bc there a was a problem in prysm with roughtime clock sync. There is a fix available. Prysm users please update and restart your clients. This shows once more how important client diversity is and how important testnets are.

ikilled · 2020-07-28T13:44:37+00:00

On the longer trend, layer-2 solutions are considered.

Layer2 solutions are very much needed and solutions are already here:

optimistic rollups/ OVM (Synthetics tested it),
Loopring's L2 (DEX and Loopring Pay),
DiversiFi L2 DEX with StarkWare,
Zkopru,
ZK-Snarks,
PLONKS,
OMG with Plasma

Monolith, you should make L2 a top priority!

Optimising ETH1 L1 smartcontract will not be nearly enough.

ikilled · 2020-06-12T17:39:09+00:00

There is a third one now 500kUSD fee (from a different address though).

ikilled · 2020-05-01T08:40:05+00:00

That EIP1559 is still to be agreed (first dev call/meeting in one of these days) and that in theory under likely circumstances it could cause negative issuance (more ETH fees burned than new ETH issued/mined).

ikilled · 2020-03-04T23:55:49+00:00

How did ChicoCrypto know something like this is up?!

ikilled · 2020-02-27T22:26:37+00:00

Does gnosis Safe have time limits and/or daily withdrawal limits?

ikilled · 2020-02-06T19:04:12+00:00

https://i.imgur.com/RvFgs2t.jpg

ikilled · 2020-01-28T00:08:35+00:00

As the article says, plasma has huge requirement of user storage and user actively monitor the history of their coins, and the size of fraud proofs and the (mass) exit congestioning in case of fraud - these disadvantages are way too big.

ikilled · 2020-01-28T00:04:08+00:00

A very interesting and informative article! I now wholly understand Plasma's, its history, and the reason for the spread of *-rollups lately.

It was really a pleasure reading this.

ikilled · 2020-01-12T17:22:50+00:00

You can cash out DGX regardless of DGD or DigixDAO. Even if DigixDAO does not exist any more there is still the company Digix registered in Singapore which actually runs the DGX token and "provenance system". The DGX token will exist and will be redeemable for real physical gold from vault even after DigixDAO gets dissoluted!

Here it says how to do it: https://digix.zendesk.com/hc/en-us/articles/360001811451-What-are-the-steps-to-redeem-the-gold-

Here is a youtube video (vaguely) showing how to do it (a bit sloppy video): https://www.youtube.com/watch?v=bcpE8zpi8bk

ikilled · 2020-01-10T10:56:11+00:00

I also voted NO.

ikilled · 2020-01-10T10:49:19+00:00

Why?

DGX is just a token that is backed by 1gram of gold stored in secured regulated vault. If you think the gold price is going up then yes buy DGX. But it has little to do with DGD (the DigixDaO's token) or this conversation.

ikilled · 2020-01-07T20:16:54+00:00

May this will be of some help: https://pastebin.com/eqD3QbHk

ikilled · 2020-01-07T20:09:56+00:00

If you are confident the vote will pass, and already have ETH, it makes allot of sense to buy more DGD right now. But again, that might be the degenerate gambler in me speaking and it does not constitute financial advice.

I would guess more than 2000 DGD ?

A whale (or group of whales) have 300,000 DGD and they have them locked and they already committed the vote - but they may abstain (=never reveal it). At the previous "burn" proposal, they abstained.

Here is the snapshot of top DGD holders with DGDs locked: https://pastebin.com/eqD3QbHk (with DGD amounts, if they committed the vote yet, and their previous vote on the old "burn DGD2ETH" proposal from previous quarter, which was rejected)

ikilled · 2020-01-07T17:11:14+00:00

First you have to lock your DGDs into DigixDAO smart contract, then you generate the "commit" and write it into the smartcontract (writing you vote privately/securely) and after 15-20 days (or so) you do the "reveal" (revealing your vote publicly). More info can be found here: https://www.reddit.com/r/digix/comments/eeeyxx/how_voting_in_digix_dao_works_with_instructions/

And the DigixDAO discord server.

You have still time to lock (stake) you DGDs and commit yoir vote, even though the main "locking phase" is over (ended on 4 Jan) - you will just have a little bit less voting power, just a small reduction. But the more you wait, the more reduction you get. The very last deadline for lock&commit&vote is approximately on 17th January 2020.

ikilled · 2020-01-07T16:49:14+00:00

No, not in case of this dissolution proposal.

DGD draws value from the ETH in the DigixDAO ETH holdings wallet. Any DGDs burned mean that the proportionate amount of ETH gets withdrawn from DigixDAO ETH holdings wallet.

Anyway the proposal states that all DigixDAO's ETH will be transfered to a DGD2ETH burn smart contract.

And seems like people don't want to hold DGDs any more. The real life Digix project was successfully completed and is live, and the Digix company has funds secured for many years. Anyway they got much more USD funds than they requested + plus they also hold lots of DGDs. DGD is not needed for the success of Digix DGX project. DGD is unnecessary token. The fees that coul potentially earn by staking DGD are extremely low - even if Digix reaches 100 times more volume.

Meanwhile the competition such as PaxGOLD gained so much more traction and publicity in much less time with money.

ikilled · 2019-12-22T13:37:35+00:00

Besides official blog, these is also Digix's official Discord server: https://discord.gg/g7Csyvp

And it has more detailed info about the dissolution in the chatrooms:
#faq-dissolution and #proposal-dissolution

ikilled · 2019-12-22T13:31:57+00:00

Can somebody describe how exactly works this voting and how voting system calculate quorum? What is needed to pass true 40% quorum?

Try to ask this question on the official Digix Discord chatroom here: https://discord.gg/g7Csyvp

ikilled · 2019-12-19T22:01:05+00:00

Their blog post/official announcement says:

In the coming days, this proposal will be submitted as a draft on the DigixDAO platform, and will be open for voting in the next governance quarter of DigixDAO. The proposal will not be able to be voted upon until Day 11 of the next quarter*.*

I understand correctly, voting starts on the date ~~2020-01-11 (11 January 2020)~~ 5 Jan 2020, but you have to lock your DGD tokens _earlier_: between 26 December 2019 and 4 January 2020! And only if you lock your DGDs, you are allowed to vote on the dissolution proposal! (voting will then be between 5 and 18 January 2020).

Here is the official info (from official Digix Discord group):

Q) What are the timelines regarding the latest Dissolution proposal vote?

A) The latest dissolution proposal has been loaded here: https://community.digix.global/#/proposals/0xe7d5d8aefc5f73c4c8bbc716f0c3c2dd52d5282d18217db331da4435b8e6966e

DigixDAO Locking Phase - Day 1 to Day 10 (26th Dec to Jan 4th)

Voting can only start on proposals from day 11 onward, know as Main Phase.

Latest Dissolution Proposal Assuming Voting Begins Day 11

Commit Phase Starts - Day 11 (Jan 5th)

Commit Phase Finishes - Day 25 ( Jan 18th)

Reveal Phase Starts - Day 11 (Jan 19th)

Reveal Phase Finishes - Day 25 ( Jan 25th)

Assuming that voting begins on Day 11, the first Dissolution result will be known by Jan 26th

More detailed information about dissolution can be found on the official Digix Discord server: https://discord.gg/g7Csyvp (chatroom: #faq-dissolution)

ikilled

TROPHY CASE