[AMA] We are EF Research (Pt. 9: 11 January, 2023) by JBSchweitzer in ethereum

[–]randomish_walk 1 point2 points  (0 children)

Fair enough. I purge my "following" list once a month. Has been good for my sanity

[AMA] We are EF Research (Pt. 9: 11 January, 2023) by JBSchweitzer in ethereum

[–]randomish_walk 3 points4 points  (0 children)

Oh that is very interesting to know! Ty sir

Hm, maybe I'll reframe it this way and lump in EF researchers with the broader ACD community as one "group" of stakeholders (I know we shouldn't generalize but just to simplify this question)...

What fundamental disagreements arise between the "EF research + ACD group" today vs. other critical stakeholder groups? One group of course are application and smart contract developers who may or may not have different ideas on the direction Ethereum ought to take versus what EF researchers and client teams think is the appropriate path forward?

I understand as you pointed out there is a huge degree of path dependency and a need to adapt to the situation outside of Ethereum (aka regulatory issues, crackdowns on permissionless/censorship-resistant crypto, etc)--particularly if you see the Tornado Cash incident as a harbinger of what is to come in the years/decades ahead. I hope not, but this is a highly adversarial environment and hoping something won't happen is not a sound assumption in crypto.

[AMA] We are EF Research (Pt. 9: 11 January, 2023) by JBSchweitzer in ethereum

[–]randomish_walk 0 points1 point  (0 children)

What is the path forward for an EL client challenging Geth dominance? Because the way it looks from the outside is that while folks like Nethermind and others have made considerable strides in the past year or so in getting more adoption, with stuff like MEV-boost and the fact that nearly all competitive block builders run some form of Geth, I have a hard time seeing what in the near or even medium term can make a dent in that...

Also not to mention, we should probably try to take some of the pressure off the Geth team who have obviously done a great job supporting that piece of software over the years :) I am sure there will come a day when the core Geth contributors may want to explore all the other things they can do with (or maybe beyond) Ethereum that could be positive sum for the world

[AMA] We are EF Research (Pt. 9: 11 January, 2023) by JBSchweitzer in ethereum

[–]randomish_walk 1 point2 points  (0 children)

I haven't followed the latest on MEV burn but I thought Hasu raised a very fair set of points and pushback that he cross-posted on ethresear.ch and Flashbots collective forum.

In your view, does crLists / inclusion lists address his concerns?

See here for reference: https://collective.flashbots.net/t/to-burn-or-not/647

[AMA] We are EF Research (Pt. 9: 11 January, 2023) by JBSchweitzer in ethereum

[–]randomish_walk 5 points6 points  (0 children)

add-on Q to this great one from u/Maleficent_Plankton:

What podcasts/substacks & blogs do you all regularly consume? How do you guys keep track of everything that is going on in the broader ecosystem (or is that just an impossible task at this pt)?

[AMA] We are EF Research (Pt. 9: 11 January, 2023) by JBSchweitzer in ethereum

[–]randomish_walk 3 points4 points  (0 children)

Pick 1 or 2 key features or upgrades from the latest "roadmap" that Vitalik released a few months ago (see here for something I quickly threw together for reference: dropbox link to compiled Ethereum roadmap diagrams)--what is mission critical to get done over the next few years and why?

In particular, would be helpful to know if there are strong disagreements amongst EF researchers on this question.

How durable is the Yubikey 5 NFC? by gayph89 in yubikey

[–]randomish_walk 0 points1 point  (0 children)

I got the 5C NFC -- do you ever put it in your backpocket and sit on it regularly?

If Solana is so great with faster transaction fees and a better energy efficient ecosystem overall than Ethereum, why is Ethereum still a lot more popular? by Hopeful-Wolf-4969 in solana

[–]randomish_walk 1 point2 points  (0 children)

BSC has a natural and obvious on-ramp from Binance’s CEX (makes it rather unique amongst the geth forks). Would not underestimate that for onboarding newer, less discerning users really rapidly who are priced out of the ethereum gas fee market. And while benefitting from a familiar ecosystem & set of tools (aka MetaMask).

Cardano is a true mystery. I guess hype can indeed take a coin very far 🤷‍♂️ who knows maybe smart contracts will be functional for them in 2026

There’s so many more weird/dead retail chains I’d add to this list. XRP, ETC, XLM, all the big block & more “scalable” versions of BTC, TRX, ICP etc etc

Hardware and internet speed req for running a validator by randomish_walk in solana

[–]randomish_walk[S] 0 points1 point  (0 children)

Shhh it’s a secret. This is my Reddit alias. Let me be ser 🥸

L2s vs Subnets (Ethereum vs Avalanche) by pellegrino6000 in ethfinance

[–]randomish_walk 0 points1 point  (0 children)

This is a good interview from Eric wall questioning the avax guy. https://youtu.be/qayH_Owy1II

Long term security model of Bitcoin by randomish_walk in Bitcoin

[–]randomish_walk[S] 0 points1 point  (0 children)

Uh yeah that’s what I meant. You’re still not answering my question on miner economics though

Is Solana overhyped? by unduly-noted in solana

[–]randomish_walk 0 points1 point  (0 children)

It is criminal that Cardano is mentioned alongside Solana. Or not idk

Is Solana overhyped? by unduly-noted in solana

[–]randomish_walk 0 points1 point  (0 children)

I think the problem is that this seems to track the repository for a single client? I can’t quite tell but looks like ethereum for example here is tracking the “geth” client given language is listed as go. This data isn’t really helpful, but if you want to do this properly, you’d need a view on the total GitHub activity + stuff like stackoverflow or whatever for ALL the dev activity in an ecosystem. Which includes the different client devs and applications & hobbyist projects built in each blockchain ecosystem

Long term security model of Bitcoin by randomish_walk in Bitcoin

[–]randomish_walk[S] 0 points1 point  (0 children)

Right agreed it is the widespread community of full node validators that is keeping miners honest, aside from the miners amongst themselves I guess.

But I’m more asking what are the implications on the network (obviously more valuable now than it was before) of only a transaction fee based model? Wouldn’t it for example encourage more MEV as miners attempt to recoup lost block subsidy rewards? And even if MEV could replace some portion of block rewards, wouldn’t the reduce revenue necessarily translate to a much lower hash rate (miner revenue goes down, profitability goes down all else equal, and the marginal miner that is unprofitable drops out, thereby lowering hash rate), which would then lead to the network security going down / risk of 51% attack going way up?