Brat Fred retweetet
First static fire attempt of 33 Raptor engines on Booster 7 twitter.com/i/broadcasts/1…
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Brat Fred
83 posts
The reality today is that not a *single* public Optimistic Rollup system (other than the admittedly limited fuel V1) has ever made it past ***level 1 proofs***. Seriously! Just one.
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We all know Optimistic Rollups need to build fault proofs. But did you know there are actually four different levels of fault proofs? 👀👀 A behind-the-scenes thread on the truth behind Optimistic Rollup proof systems 🔴✨
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@arstechnica How often do you want to tweet this? You can stop now, 10 times should be enough.
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Some fresh nightmare fuel: A man’s wriggling, migrating rash helped doctors diagnose his full body worm infection.
trib.al/1uVqVus
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@TimBeiko @ethereum @christine_dkim @nethermind @HyperledgerBesu @go_ethereum @ErigonEth @mkalinin2 @parithosh_j @adietrichs @greg_colvin @EFDevconnect Again, thank you for taking the time and keeping the community in the loop. Very much looking forward to that merge thing.
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@ethereum @christine_dkim @nethermind @HyperledgerBesu @go_ethereum @ErigonEth @mkalinin2 @parithosh_j @adietrichs @greg_colvin And that was it! Next AllCoreDevs is scheduled for April 29th, 14:00 UTC. Before then, see you at @EFDevconnect 😁!
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We wrapped up another @ethereum #allcoredevs earlier today - covered the latest on Merge testing, testnet plans, and a handful of EIPs 😁
Agenda: github.com/ethereum/pm/is…
Stream: youtu.be/JXbOeiPN_uE
Recap below ⬇️
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timbeiko.eth@TimBeiko
@ethereum @christine_dkim @parithosh_j @mkalinin2 @ralexstokes @sendmoodz @q9fmz @lightclients On the next ACD, we'll try and make the time for a longer update on the effort. That was it for today! See you all on April 15, 14:00 UTC, for a pre-@EFDevconnect call 😁
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2/ With $TWTR in play, odds are high that price of TWTR goes above $60 as media and tech companies and PE firms present rival bids. A firm such as $MSFT has the best odds since it can leverage an existing fixed cost base to manage TWTR (MSFT already owns LinkedIn).
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A poison pill doesn’t block Elon Musk from acquiring $TWTR. Its sole purpose is to prevent an acquirer from buying >15% shares in the open market without paying a significant control premium to all shareholders. Musk and other acquirers can still present bids to the TWTR board.
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@TimBeiko @pseudotheos @dankrad @evan_van_ness @EFDevconnect It's important that you distribute the mixed drink over multiple glasses.
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@pseudotheos @dankrad @evan_van_ness @EFDevconnect Of course, that's the special for the evening. We also need a "Danksharding" drink for folks who want something stronger.
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@panekkkk @antiprosynth Great article. And he did not even consider the coming supply shock.
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"Therefore, my target allocation is 25% Bitcoin and 75% Ether."
cryptohayes.medium.com/five-ducking-d…
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For example, is the tip % down because more wallets updated to 1559-style transactions, which naturally reduces tips?
Or maybe we've all wised up to the fact that small tips of ~1.5gwei are often competitive?
Or perhaps the tip % is a function of bull/bear from trading/NFTs?
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The percentage of eth fees paid as tips (vs. burned) has declined a lot since 1559 launched.
Declining tips combined with hypergrowing staked ETH may result in significantly reduced post-merge staking rewards relative to current popular expectations 🙃
Why is tip % down?
⟠@ryanberckmans
1/ Last month, ETH holders would have saved an additional $42M per day if proof of stake was already fully live This $42M per day is on top of the $11M per day already saved by EIP-1559 burning ETH Here's a chart showing how PoS delivers 4x additional cost savings vs. EIP-1559:
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Now I missed my 20:15 german crime show because we're debugging issues. Damn shadow forks why do they keep on breaking -.-'
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@dcinvestor @Jinxo67 There will be sell pressure from tips & MEV, instantly available. Some needs to be sold to pay tax. But overall, a 10x-30x reduction in sell pressure vs current levels.
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ok, so didn't really think about this, but @Jinxo67 pointed out to me that in the ~6 months between the initial merge and when beacon chain ETH becomes transferable,
you will basically have a period with zero miner/staker ETH sell pressure
lmao. things could get stupid
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@marczeller @antiprosynth 1125 daily activations in about a week. It aa function of the number of existing validators.
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As we're getting closer to the merge
recap:
True:
- inflation drops 90% (halving*3)
- supply goes down
- "ETH green BTC ain't" narrative
- chainlink VRF rekt. other stuff fine
- yield up (~10%) first few weeks/month
- validator slots scarce (900/day)
False:
- gas goes down
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@EthereumOnARM Is a QVO drive ok for something as write heavy as an Ethereum execution client?
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15/ Data:
Device: Raspberry Pi 4 8 GB RAM (ARM64)
CPU Freq: 2.0 Ghz (overclocked)
Disk: Samsung SSD 870 QVO 4TB
Startech USB 3.1 to SATA Adapter
OS: Ubuntu 20.04.3 ARM64
Erigon: 2021.11.04-beta
Params: No pruning
Total sync time: 30 days
DB Size: 1.7 TB
Indonesia
1/ This is an Archive #Ethereum node synced from scratch on a @raspberry_pi (@erigoneth). No pruning, an Archive node. So, no more FUD on running an ETH node, please.
& btw, we are running @ethnimbus with 1 Validator on this RPI too.
Yes, 1 Archive node + 1 #eth2 node👇
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@superphiz @antiprosynth @sassal0x Accounting for tips+MEV and 50% of it being sold by validators, between the merge and beacon chain withdrawals we'll see a 17x reduction in sell pressure.
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I don't do much financial speculation but Ethereum could be twelve weeks (+/-) from a massive issuance reduction. Hey @sassal0x, any idea how this might affect the exchange price of Ether? #triplehalving
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@ethereum @vdWijden @parithosh_j @nethermind @go_ethereum @HyperledgerBesu @ErigonEth @mkalinin2 @dankrad @dannyryan @ralexstokes @protolambda @optimismPBC @willmorriss4 @k06a Next ACD is scheduled for March 18, 14:00 UTC. A note to North Americans: DST kicks in before, so the call might be at a different local time for you. See you then 👋🏻
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.@ethereum #AllCoreDevs today was packed with Merge & Shanghai updates 👀
Agenda: github.com/ethereum/pm/is…
Stream: youtu.be/ZKPElqIfteU
Recap below 👇🏻
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timbeiko.eth@TimBeiko
@ethereum @vdWijden @dannyryan @KurtosisTech @ralexstokes @EthMagicians @alexberegszaszi And that was it! Next ACD scheduled for March 4, 14:00 UTC. See you then!
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@odin_free @antiprosynth @odin_free That's not a rule. It does not even make much sense. Price is what sustains hashrate. But there is no clear relationship where hashrate would determine price.
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I don't make the rules.
Price follows hashrate.
Ethereum network registers a new hashrate all-time high of 1,137 TH/s
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"Small world" - he says as he's at a major Ethereum conference where the chance of Vitalik being there is 99.99%
Charles will forever be living in Vitalik's shadow
Charles Hoskinson@IOHK_Charles
Small world :)
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@dataalways I extrapolated that from your model and it spits out insane equilibrium valuations at very modest inflows. Nice to think about but I doubt it'll be much lower than 30%-40% because in most places stakers need to pay their taxes...
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@dataalways Great read. Do these considerations change your flow model? Will we see an update of that?
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