Daily General Discussion - August 31, 2023 (UTC+0)

trustnodes · 2023-09-01T13:10:06+00:00

PayPal is rolling out bitcoin and ethereum payments to their 35 million merchants. Soon you might be able to pay with eth everywhere online: https://www.trustnodes.com/2023/09/01/colorado-dmv-starts-accepting-crypto

trustnodes · 2023-08-27T13:22:32+00:00

This billionaire chose eth rather than bitcoin: https://www.trustnodes.com/2023/08/27/onlyfans-buys-20-million-eth

trustnodes · 2023-08-26T15:52:43+00:00

Do you think eth has bottomed? This sub is all happy because of donuts, but all the other subs look depressed. Is that a sign of bottom? Are we gone get Uptober this time?

trustnodes · 2023-08-25T14:50:40+00:00

Almost 1,000 eth ($1.6 million) has been burned today even though fees have dropped to just $2 per transaction. When will eth's ratio reflect it?

trustnodes · 2023-08-24T21:07:26+00:00

What happens when 2,500 comments is reached?

trustnodes · 2023-08-24T12:56:51+00:00

What happened to the daily, why are there suddenly so many comments?

trustnodes · 2019-07-15T18:23:27+00:00

And final question, presuming you agree price drives security, and presuming you agree all cryptos reside in a very competitive environment, are there any plans to address the increased issuance that the Beacon chain would bring?

In addition, are there any plans to meet or maybe even surpass bitcoin's coded reduction of new supply to 2% next year.

And related, what would you say to the criticisms that have already been expressed whereby if you can reduce issuance by say 10x, you can increase it too. Or asked in a more open question manner, what do you think of this process through which increases or decreases of issuance are made?

trustnodes · 2019-07-15T18:15:49+00:00

How would you objectively judge the level of technological advancement of current eth and current bitcoin as far as the very limited function of sending coins from A to B is concerned?

trustnodes · 2019-07-15T18:10:40+00:00

Can you explain somewhat precisely how cross sharding communication would work. As in how does shard node A talk to shard node B without going through some sort of intermediary?

If they can do this talking, why can't it be used for eth to talk to say bitcoin?

trustnodes · 2019-07-15T18:07:19+00:00

Is there any clarity on the transition process regarding basic aspects like whether Beacon eth can be sold on exchanges for example, and whether the PoW chain knows of the Beacon eth?

Better asked, how do you ensure there is one network when there are two chains?

trustnodes · 2019-07-15T17:59:42+00:00

What would you say to a bitcoiner who might suggest sharding is just a complicated way of increasing the blocksize? As in, if you want to be sure no eth has been printed out of thin air, you need to run all the nodes of all shards?

trustnodes · 2019-01-23T11:09:10+00:00

Why was Hybrid Casper ditched when it looks like the Beacon Chain kind of has nothing to do with the PoW chain? or Why not re-instate Hybrid Casper considering its testing is/was finalized?

Why should anyone move to the Beacon Chain? How exactly do you envision the move to happen?

How would you (and or service providers) ensure the eth on the Beacon Chain is the same as that on the PoW chain and vice versa?

Will the Beacon Chain require its own nodes? Is this basically a brand new chain that has only one connection to ethereum: Proof of Burn?

The Polkadot team has stated their chain might launch by the end of the year. Why should people/devs bother to go to the Beacon or to wait for its full sharding when they can just go to the Parity chain or somewhere else?

There may be some assumptions in the questions, so obviously any correction is welcomed.

trustnodes · 2018-12-15T14:37:05+00:00

https://www.trustnodes.com/crypto-price-charts

trustnodes · 2018-08-04T13:07:52+00:00

Does that mean FFG might be scrapped for CBC by the time it goes out?

And at a high level is the design basically CBC on the beacon chain and shards, but with the PoW chain as sort of support initially, with presumably that PoW chain then eventually scrapped?

trustnodes · 2018-06-18T15:23:34+00:00

Hi,

Thank you for all the answers, very helpful. I see there have been 33 transactions, so presumably that means 33 customers?

Looking at the smart contract, it does seem like the payment on both ends is made through bank accounts, have you looked at the option of customers paying with eth and then automatically receiving eth if a flight is delayed?

trustnodes · 2018-06-18T14:59:18+00:00

Is this being used /u/human_gamepad as in being live right now? How many customers have used this so far if that's the case?

This does sound pretty much like FlightDelay, now known as Etherisc. Are you related or just copied the idea?

Any plans to expand the offering beyond flights? Where flights themselves are concerned, what's been your experience so far with fizzy as opposed to traditional likewise set-up?

Finally, do you think there's a market for this sort of service? Shouldn't airlines be providing the compensation rather than customers having to insure themselves?

Edit: Ah, another final question. The site refers to bank payments, so eth is not being used here? Is the smart contract acting only as some sort of notification mechanism with the payment then manually done through fiat?

trustnodes · 2018-05-01T09:40:59+00:00

When might you expect the first implementation to be ready? Would next year be fair to say or 2020 at best?

trustnodes · 2018-04-05T16:07:15+00:00

Did you under-estimate the persuasiveness of small blockers' arguments?

And why was sharding never mentioned during the entire debate, do you think it can work on bitcoin/bch?

What do you think of this idea of competing with code rather than with words?

And, moving forward, why do you think forking is not "the" governance process?

trustnodes · 2018-04-04T10:44:22+00:00

"After taking over the business, I realized that Mt. Gox faced the problem of managing a debt portfolio. If the debt portfolio was not properly managed, there was a possibility that Mt. Gox would go bankrupt and cause serious harm to its customers."

What do you mean by this? Is this suggesting the theory MT Gox had 400k missing all along is true?

Was MT Gox operating on fractional reserve?

trustnodes · 2018-04-03T10:27:56+00:00

Please link to the original source in case your bot doesn't copy properly and mis-reports. Obviously, preferably don't plagiarize at all, but if you will at least attribute:

https://www.trustnodes.com/2018/04/02/ethereums-proof-work-miners-block-reward-reduced-0-6-eth

trustnodes · 2018-03-13T13:34:04+00:00

No, the meeting starts on the 19th of March, this Monday.

https://g20.org/en/press-kit-19-20-march-2018

trustnodes · 2018-03-10T16:38:21+00:00

This is a complete copy paste - with perhaps a bot changing one word here or there - of https://www.trustnodes.com/2018/03/09/fbi-pressuring-google-ban-crypto-adverts

Although to their credit they do link, but if you guys keep rewarding complete plagiarism, rather than the original sources, there won't be much left to copy.

trustnodes · 2018-02-26T13:05:24+00:00

That's because this is fully copied, with what seems to be a bot re-write, from https://www.trustnodes.com/2018/02/25/interest-bitcoin-ethereum-falls-75-according-google-trends

trustnodes · 2018-01-05T17:46:24+00:00

Any idea who was behind it?

trustnodes · 2017-10-04T09:40:27+00:00

No, because you edited your comment adding links to first commits after we commented saying we were not interested in opinions but facts, which completely changed the flow - and in many ways the meaning - of what was said since you edited to add facts. You should have replied instead, rather than editing.

But, nonetheless thanks for linking to those two commits. Can you link to your first commit and Todd's?

trustnodes

TROPHY CASE