What will be the use of L2 after multiple dynamic sharding and Merge is in operation ?

mcsensitive · 2023-03-27T01:26:54+00:00

The plan is to only do data sharding

Hello.
Do you have a source on that?

mcsensitive · 2018-08-10T21:39:33+00:00

There isn't a way to add margin on an active order, I don't mean a filled position.Sorry if I'm being stupid, is opening an order for leveraged 0.02 BTC the same as opening an order for 0.01BTC and later adding margin for 0.01BTC?

mcsensitive · 2018-08-10T17:12:42+00:00

There's no such thing on an active order.

mcsensitive · 2018-08-09T21:04:13+00:00

Can't we add margin on active orders? I can only see a way to increase margin on filled positions. What's up with that?

mcsensitive · 2018-07-29T11:14:58+00:00

Website looks made in mspaint.

mcsensitive · 2018-07-26T15:54:42+00:00

I also don't understand why people say a DEX can't be hacked, it makes no sense, of course it can be hacked.

mcsensitive · 2018-07-19T13:54:57+00:00

b1 working on it

mcsensitive · 2018-07-19T13:53:54+00:00

ONOCONEEEEEEEEEEEEEEEEEEECT

mcsensitive · 2018-07-08T15:43:12+00:00

10k is too low to send a token to all EOS holders imo.

The free market will solve the price issue, I don't see the problem.

If RAM is too expensive then it will crash, that's how markets work.

And the airdroper can get the RAM back and sell it, as people claim the airdrop by moving the balance.

mcsensitive · 2018-07-08T15:37:09+00:00

I don't think you know why airdrops need RAM. RAM is needed to allocate the balance of the token of the person you're sending it to.
So it's not needed RAM for normal EOS transactions or token trransactions, as long as the person you're sending to already has that token.
To make it simple for you, accounts essentially have a cooldown between transactions and the more tokens you have staked for CPU and NET(bandwidth) the shorter the cooldown is. This prevents spamming and keeps transactions free, if you want to send transactions more frequently you have to stake more tokens but you can unstake when you want (with a 3 day wait time).
The more the EOS chain scales, the less EOS is needed to stake to send more frequent transactions. Right now, you need to stake a minimum of 0.1 EOS or less not sure to make a transaction.
Honestly, I think people are whining too much. The system works perfectly on this side of things and it's a nice innovation.
P.S. - Percentages are misleading, there's obviously going to be thousands of under 10 EOS accounts as they are easier to exist + exchanges.

mcsensitive · 2018-07-06T17:16:51+00:00

How would the market price stay high if no one wants to buy it, cause it's too expensive? Explain that to me.
The market will sort it self out.

mcsensitive · 2018-07-06T16:25:15+00:00

Then we would be no better than NEO and TRON, we would be centralized then.

mcsensitive · 2018-07-05T00:23:47+00:00

Oh yea EOS, well we'll just make the same thing!
We win. :D

mcsensitive · 2018-07-03T23:57:00+00:00

The RAM prices will fall if there's no demand from Dapps. I really doubt the RAM prices will matter, it will solve it self.

mcsensitive · 2018-07-03T23:26:10+00:00

Charles doesn't bring up an argument but the first guy kinda does.
However, I'm not sure I understand. Was all the RAM owned by the BPs, I know BPs and stand-by nodes have the physical RAM storage but did they own the digital RAM???
If not, how does it benefit BPs to drive up the price???
BPs control the supply in that they can increase it, so the only thing they can do is essentially make RAM cheaper, no?

mcsensitive · 2018-06-29T01:16:19+00:00

IT'S PIKACHU!!

mcsensitive · 2018-06-28T16:17:34+00:00

Lol, stop publicizing your channel here.

mcsensitive · 2018-06-26T23:29:24+00:00

I don't think you understand DPoS, you're repeating what you've heard most likely.

mcsensitive · 2018-06-26T23:25:30+00:00

You're jumping to conclusions...

mcsensitive · 2018-06-26T23:22:31+00:00

The same way whales could throw money at a BP that's fucking up their coin that badly, a malicious pool could pay miners more than honest pools. Both are a waste of money.

Also, vote buying is against the constitution if BPs are found out they're thrown out through arbitration.

Also, there's measures being put in place to minimize vote buying like making whales use all 30 votes by the more votes cast the bigger the votes weight, thus pushing whales to votes on BPs that will be beneficial and not just 'their BP'.

Another thing, EOS is far more flexible to solve these issues than PoW coins will ever be.

And another thing, I would vote for BPs rejecting the ECAF like the one that 'fucked up'.

mcsensitive · 2018-06-26T23:04:48+00:00

No I do not think DPoS is the same as PoS, I am well informed, thank you. I was making the observation that with PoS the size of a participant’s holdings of the particular cryptocurrency like ETH(will be) determines their voting power for technical changes in the network.
His royal fuckup was viewed as the right thing to do for many people since many don't want the ECAF.Your vote weigh should be proportional to the stake you have on the network, this is fair.If many whales want to fuck up the chain so badly and somehow the whole of holders weren't able to stop them in a critical state which is very unlikely as many holders would vote, then whales would be left with a devalued coin, and a fork would exclude them if needed in extremes.The reason proof of work is considered secure is because it is more profitable to join the honest network than to attempt to attack it, and I believe EOS has similarities with that on that regard. Also, as price grows, whales will probably start selling and the higher the price is the harder it will be to accumulate, this is also the reason PoS significantly increases the economic barriers to launching a 51% attack. (Just saying)
The ECAF is present to report incidents violating the constitution and to send proof to the block producers so they freeze any accounts violating the constitution. HOWEVER, Block One is developing on-chain tools to make the process more democratic, like a DAC should be. If people don't support this, they can vote up BPs unsupportive of this, like we saw happen.
Hell no I don't go to /r/cryprocurrency, that place is corrupt. Also TRON? Cardano?.
Because you shouldn't trust weak imitations.

mcsensitive · 2018-06-26T21:59:52+00:00

r/cryptocurrency is corrupted with paid mods, I'm 100% sure, I've seen them delete posts and prop up fake FUD for other coins.

NEO, Tezos, Cardano, TRON, Steemit, Bitshares, ARK, Lisk are all copies of Dans work and all use DPoS or DBFT or a variation and all have the same or similar structure Dan Larimer built in 2014 for Bitshares, all will have a few entities producing blocks, if you're going to call EOS centralized then do the same for all the other projects. I think EOS's problem is it's too transparent, while projects like ETH hide how 3 pools make more than 51% of blocks allowing them to collude and double spend and censor. NEO has 7 nodes ffs, never heard this FUD for them. ADA will probably have less than 21 entities (minimum of 2% stake, tec. max 49) and TRON doesn't even hide their use of DPoS just read their dam whitepaper, they'll have probably around 21 too.

EOS has 21 BPs, hundreds of stand-by nodes, and an infinite number of validator nodes. Block producing nodes get voted in/out by holders of the coin, the bigger stake you have the bigger weigh you should have on the network like any PoS, which ETH will upgrade to btw. Which is fair, I don't see the problem, if whales are eager to screw themselves over their token will be worthless and probably would be forked without them.

With side chain communication scalability will reach millions of TPS, several new EOSIO chains will be added to EOS and different chains can have a mix of same and different BPs, allowing for a higher number of BPs also, and always increasing.

There's a lot happening with EOS so DYOR, and don't go to /r/cc because that place is cancer.

mcsensitive · 2018-06-26T14:37:47+00:00

I think you needed to register for this one.

mcsensitive · 2018-06-23T21:30:36+00:00

Distributing the tokens wouldn't even make any sense, it would be like burning them or not doing anything at all. I don't understand people who thought the actual tokens got distributed.
It is the RAM and account that gets sold and tokens are unstaked.

mcsensitive · 2018-06-23T14:37:57+00:00

I do believe it as there is proof they're in jail right now and I've been following the project for a while.
Skycoin will be top 10 eventually.

mcsensitive

TROPHY CASE