B man

21 posts

B man

B man

@Bman2021jun

Katılım Kasım 2021
44 Takip Edilen3 Takipçiler
DCinvestor
DCinvestor@DCinvestor·
onchain lending is THE killer blockchain app it is literally THE most important development in finance since the invention of central banking in the 1600s/1700s and maybe derivatives in the 1970s/1980s it is THAT big of a deal most people just don't realize it yet
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B man
B man@Bman2021jun·
@adietrichs @casparschwa Yes let me add to comments. Don’t mess with the issuance. It was thought through during the initial set up. As more staking occurs then the reward is reduced until people unstake and an equilibrium is found. Don’t fix what is not broken!
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ansgar.eth
ansgar.eth@adietrichs·
I think Hasu here identifies main reason for the backlash against the recent issuance change proposal by @casparschwa and me. To be clear: Hasu is 100% right. Of course any change to such a sensitive part of the protocol requires broad community buy-in. Our intention was purely to propose this change for consideration to the community. We tried to be clear about that from the beginning, but could certainly have done a better job. As it stands, this proposal has nowhere near the required support to be accepted (quite the opposite). For context on the timeline: A final decision on inclusion on Electra will have to be made in ~4 months, barring major delays of the fork. So when we published, that was 6 months. We were aware this was a long shot and might be too short for proper community discussion and agreement, so from the beginning we thought that chances for inclusion were unclear. So why then even propose it? We separately published a big research article on the long term staking situation for Ethereum. This was the result of ~6 months of research, and more generally a conversation that has been ongoing for 2+ years. Basically, the "proper" research process here would be to only publish this endgame post, spend the next year or so debating this topic and figuring out the best roadmap (that again of course would need broad community buy-in), and only then propose concrete steps along that path. The problem: Our view is that an end state of most of ETH staked (think 80-100%) is very bad for the protocol, for multiple reasons (I'll summarize our post on that in a separate tweet soon). We think the endgame should instead be a targeting mechanism keeping staking participation at a lower level, say 20-30%. Realistically, we won't be moving towards such a system any time soon though. And we are worried that in the meantime, staking participation will keep increasing, very plausibly into the 60-90% range. If we then decide to go with such a targeting mechanism, the transition back down from this high level would be much much more painful than it would be coming from a situation closer to today. Separately, our colleague @weboftrees had been looking into alternative issuance curves for a while already. We saw one of his proposals, thought that it might be a really useful compromise for a short-term change to slow down the continued staking inflow, and decided it was worth at least proposing for Electra. Maybe even proposing anything for Electra was a mistake. I think the bigger problem was that we weren't aware this might create the impression of a "last-minute stealth core dev push". We should have been much more explicit in stressing that i) the Electra decision was still 6 months out, and ii) the default for inclusion would of course be NO, and that this was just us trying to make a case for why the community should spend these 6 months debating whether the case for urgent change was strong enough to warrant accepting such a short-term change. Sorry, long tweet, but hopefully this provides some context. Side note: Even though I think this particular case was caused by a misunderstanding of our intentions, in a way I really appreciate the backlash we have been getting - it's a great illustration of the robustness of Ethereum's decentralization!
Hasu⚡️🤖@hasufl

The burden of proof for why Ethereum shouldn't change is not on the community. The community doesn't need to "make a counter case". Like a defendant in court, it doesn't need to say anything. It's the researchers and devs who have to prove their case beyond any reasonable doubt.

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PlanB
PlanB@100trillionUSD·
People ask if S2F model is still valid. I think it is. We can go technical on autocorrelation & cointegration, but key is IMO that BTC price is not more/less off than in 2011, 2013, 2017. IMO S2F model is valid and I expect a bounce back above S2F model value before 2024 halving.
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B man
B man@Bman2021jun·
I'm claiming testnet tokens for @zksync v2, an EVM-compatible ZK Rollup! My Address: 0x1bf1dab9a7e96f113484953998821def3ff877af Learn more: v2.zksync.io
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B man
B man@Bman2021jun·
@TheSandboxGame 0x1bf1dAB9A7E96f113484953998821Def3fF877aF
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B man
B man@Bman2021jun·
@aRedKobold @100Thieves Lol Lol. get of your soap box... Some people. You sound like your lost Red... Its Free!
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100 Thieves
100 Thieves@100Thieves·
A championship isn't just for our players to celebrate. You believed in us. You cheered alongside us. We have a special gift for you. A commemorative digital 100 Thieves championship chain. Available now for free for everyone. Claim: collect.100thieves.com
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The Sandbox
The Sandbox@TheSandboxGame·
🤝 Join us in welcoming none other than... @warnermusic to The Sandbox! 🎶 Their LAND will be the first of its kind in the #Metaverse which will feature live concerts & music experiences from WMG’s huge roster of musical talent! Full details 👇 bit.ly/TSBxWMG
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B man
B man@Bman2021jun·
@Jayecane Shame on the fairness and god help the people that believe the fake…. Make it on your own! You can do it…
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J@Jayecane·
I want to send everyone who can see this tweet $6,500 #SHIB
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B man
B man@Bman2021jun·
@Jayecane This is a fake tweet from jaye.. like click bate…. Don’t believe every outrageous tweet…. Stop laying.
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B man
B man@Bman2021jun·
@100trillionUSD I agree blan b love your work…. You mentioned that use of leverage is not good for a volatile assset like BTC. They do not lesson or track what happens for people who use lacerate….
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PlanB
PlanB@100trillionUSD·
$98K❌ Floor model first miss (after nailing Aug,Sep,Oct). No model is perfect, but this is a big miss and the first in 10y! Outlier/black swan? I will give Floor model 1 more month. S2F model unaffected and on track to $100K. Watch out for trolls confusing Floor and S2F model!
PlanB@100trillionUSD

Bitcoin is below $34K, triggered by Elon Musk's energy FUD and China's mining crack down. There is also a more fundamental reason that we see weakness in June, and possibly July. My worst case scenario for 2021 (price/on-chain based): Aug>47K, Sep>43K, Oct>63K, Nov>98K, Dec>135K

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B man
B man@Bman2021jun·
@100trillionUSD Take small profits n do invest what you can’t loss up to a point. Just be smart about it….
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B man
B man@Bman2021jun·
@100trillionUSD Keep giving us the valuable insight. The S2F model is awesome. There have been a few small black swan events in the world, but as the model shoes we will be going up. Now stop crying people. Grow up n stop selling out of fear!
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B man
B man@Bman2021jun·
@100trillionUSD People change their tune when things are going up…. They act like the world is coming to an end when it’s down. Plan B points are valuable. Now stop crying people and realize your in an investment of a lifetime.
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B man
B man@Bman2021jun·
@100trillionUSD Markets go up and down…. Hold for the long haul and dollar cost avg. we is everyone so down crypto is the biggest opportunity in the investment space. Some people on here are so negative. Don’t use leverage! You will get liquidated. 98% certainty.
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B man
B man@Bman2021jun·
@CardanoFork 0x1bf1dAB9A7E96f113484953998821Def3fF877aF
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B man
B man@Bman2021jun·
@CardanoFork I did not get any air drops from the last tweet. Did anyone else get a airdrop?
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