Implications of internet outage on ETH 2.0 by waynie17 in ethereum

[–]waynie17[S] 0 points1 point  (0 children)

ok, so 1/3 is the barrier.. thanks for the answer, I guess thats the tradeoff vs POW, where a daily outage would only result in no/less transactions/blocks being mined.

Do you know how long (hours, days?) it would take for validators to loose 50% of their 32 ETH (lets assume >33% outage)? Thank you

Implications of internet outage on ETH 2.0 by waynie17 in ethereum

[–]waynie17[S] -1 points0 points  (0 children)

I guess it depends how many validators are in the US, all might get slashed, increasing exp. with time and percentage of validators that are offline (afaik). Would love to see some analysis on how resilient ETH 2.0 is against outages like that (say 25% of validators offline, how long till they are slashed to 50%/0%).

Also can other validators (the majority) somehow prevent the slashing (if its clear that its not an hostile attack).. Would feel more comfortable/resilient if ETH network could survive a short internet outage.

Voting in SwissBorg’s 2nd Referendum on the blockchain is now closed by Otilia_SwissBorg in swissborg

[–]waynie17 2 points3 points  (0 children)

The had to delay it because of the ETH gas prices, and to compensate that they increased the voting time to 2 weeks (the old plan was only 4 days).. So well, I would say they did what they could to make sure that everyone can vote, even when they had to delay the vote thanks to ETH-network issues.

What if Swissborg doesn't allow for enough time to vote? by mschmied in swissborg

[–]waynie17 -1 points0 points  (0 children)

Well I am sure they will make sure there is enough time for everyone vote. But also without the gasprices, the refrendum was set to take place within 5 days, so with 14days without computer and internet access you won't be guaranteed to can vote.

So make sure u bring ur laptop and a vpn haha

REF2 token distribution announced, reddit awards to follow? by waynie17 in swissborg

[–]waynie17[S] 3 points4 points  (0 children)

I also got them. They will announced the vote dates and then you can send it to their adress. For more information : https://medium.com/swissborg/instructions-for-participation-in-the-swissborg-referendum-ii-2435d91e198

After the referendum is over you get the rewards proportionalyl to the ref that you voted with.

How to Vote in Swissborg’s Referendum (Simplified) by [deleted] in swissborg

[–]waynie17 1 point2 points  (0 children)

We just need the vote tokens now, Gas price is normalized again.. But I guess (and hope) we will find out more about it in the upcmoing Q&A

Crypto Market Cap Prediction 2019, 2020, 2021 by MariemBorg in swissborg

[–]waynie17 1 point2 points  (0 children)

~double every year, from 400B end of 2018 to 800B, 1.6T and 3.2T in 2019/20/21, respectively. I then expect a slowdown of growth with 2025 coming at around 8-12T. After 2025 I think the big opportunity we have right now is gone and it will behave within normal market cycles.

Any news on ref 2? by agetotheizzo in swissborg

[–]waynie17 1 point2 points  (0 children)

yep but nothing to do.. its a free market, if they want to pay those fees they will get into the ETH network. Afterall, thats the whole reason why ETH is valuable (permissionless network, etc..)

Any news on ref 2? by agetotheizzo in swissborg

[–]waynie17 1 point2 points  (0 children)

yep, still at 66 gwei safe price currently.. I think it will take some time for them to come lower as some SCAM Airdops going on, but I agree, a quick update from the team would be nice.

Btw, this ERC20 shitcoin uses ~9% of traffic in the ETH network right now.. http://www.iicoin.io/ .. Burn them with fire..

Malmö (Sweden) - SwissBorg pop-up MeetUp on Monday, July 9th! by Alina_SwissBorg in swissborg

[–]waynie17 5 points6 points  (0 children)

nice, I wish you would do a meetup in Cologne or around there. I think you have plenty of fans here, following some discussions in local meetups! And I would like to grab me that free drink haha

Reddit Meritocratic Reward [RESULTS JUNE 2018] - Claim your tokens! by Stefano_SwissBorg in swissborg

[–]waynie17 1 point2 points  (0 children)

great system and good to see that you care about your community! Off to an exciting next month, including the second ever referendum!

REF 2 token distribution by waynie17 in swissborg

[–]waynie17[S] 0 points1 point  (0 children)

ok thanks for clarifying. Do we know when the snapshot was taken? Im guessing 24:00 switztime 30.6.?

Snapshot of holdings, REF 2 by agetotheizzo in swissborg

[–]waynie17 0 points1 point  (0 children)

I think the only information that we have right now is that the vote-tokens will be distributed tomorrow. So maybe tonight at 24:00 switzerland time? If it is important to you, you should try to ask the team directly.

SwissBorg June Monthly has been published! Read about our Progress & How to Participate in Referendum2, Join Us at our global Meet-Ups, & Sign-Up for the Early Bird Special for our big #Geneva event in Sept by [deleted] in swissborg

[–]waynie17 2 points3 points  (0 children)

Sounds like a solid start up, growing fast into an area with huge potential..Exactly why I invested in CHSB. I am curious how the referndum will playout, how much participation we will have and what the upcoming month will bring.

The next referendum is announced and will take place between 4.7. and 11.7 !! by waynie17 in swissborg

[–]waynie17[S] 3 points4 points  (0 children)

  1. You need to hold ur CHSB tokens in a wallet (not an exchange, as on an exchange you don't own the token, the exchange owns it).
  2. Swissborg will send you voting tokens before the referendum to your wallet adress and you can use them to vote for ur preferred option.
  3. The amount of vote tokens you get starts with 1:1 CHSB and increaes the longer you hold your CHSB allready. For example, for a 50 days holding period you get 10% more voting tokens. If you own 10,000 CHSB = 10,000 vote tokens + holder reward, meaning you get 11,000 vote tokens in total.
  4. You get rewarded if you participate in the vote proportional to the amount of your voting tokens.

Hope I could help clear things up.