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@MachinaFinance

Machina Finance is a decentralized order based exchange for the Ergo Blockchain, the focus is off chain bots to optimize volume, trading, and arbitrage.

Libertalia Katılım Şubat 2023
5 Takip Edilen435 Takipçiler
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Gridz
Gridz@MachinaFinance·
The beauty of the eUTxO model is that it allows the creation of truly decentralized systems by composing small self-contained pieces into something bigger and more complex. @Ergo_Platform
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Armeanio
Armeanio@Armeanio·
Anyway, a shoutout to all the devs in the crypto space who build things I can host locally. Offering liveness beyond central project-hosted infrastructure is the way. It always has been and always will be. @ergo_platform
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Armeanio
Armeanio@Armeanio·
Local transparent assumptions are always ideal. That is mainly lost in marketing narratives these days. The shift towards Trust Us Bro is on the rise. Need to trend back towards local power. Local hosting, empowering network peers. @ergo_platform
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Armeanio
Armeanio@Armeanio·
@ergo_platform Some will never get there... but actual self-sovereign banks with a small barrier to entry and an easy learning curve are a goal. I have always imagined having a full node with user-friendly extensions offering a variety of tooling to be an ideal outcome for local operators.
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Armeanio
Armeanio@Armeanio·
A hackathon to increase the functionality, documentation, and tutorials around running locally hosted tradebots would be interesting. There has been a narrative around being your own bank in crypto, but a lot of functionality is still needed to have a full suite. @ergo_platform
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Gridz
Gridz@MachinaFinance·
@ErgoMinnow Her guess is as good as mine.
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CryptoMinnow
CryptoMinnow@ErgoMinnow·
As this is my first bear market, it’s wild to see how poorly alts perform against Bitcoin even this close to the halving. For alt season, I’m curious as to how the 100xs happens. What types of gains do you see on the daily? How quick does this usually happen? It’s going to be surreal to see alts literally skyrocket. Never really experienced it tbh. Where do you guys think we are in the cycle?
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Gridz
Gridz@MachinaFinance·
Ergo is one of the only communities openly discussing market making, censorship resistance, open block production, and education around risks and trust assumptions. Be an active peer vs trust the team, bro. This is what decentralization should be. @ergo_platform
Ergo@ergo_platform

🔔 Ergo Weekly Developer Update! @qx_ergo chats about LITHOS with @armeanio and @CheeseEnth youtu.be/2s-END_zXe8 As always, updates are from core and community devs: - @RosenBridge_erg - @LithosProtocol - @Sigmanauts - @chepurnoy - @CyberVerse_io and more! #Ergo

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Gridz
Gridz@MachinaFinance·
If we are supposed to be building better financial systems. Right?
GIF
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Gridz
Gridz@MachinaFinance·
@ergo_platform The logic is that a project paid a dev to build it. That is the same off-chain logic as saying we paid our lawyers to draft and audit a legal contract. I will never understand this. If you do, let me send you something, sign it, I will fill in the rest later.
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Gridz
Gridz@MachinaFinance·
@Justin_Bons Do you run a Solana validator or full node? Is this the support you speak of?
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Justin Bons
Justin Bons@Justin_Bons·
It is disappointing to see SOL go down today There is a correct balance to be struck between innovation & stability; this is not it I will investigate the cause of this outage in depth later However, if SOL goes down more than twice this year, I will drop my support entirely!
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Justin Bons
Justin Bons@Justin_Bons·
@SlowestTimelord I am setting up conditions for my own thesis to be proven wrong Every good thesis should have such conditions I am doing so publically so you can all remind me of my hypocrisy in case I ever backtrack SOL is sufficiently decentralized; stability is a separate concern entirely
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Gridz
Gridz@MachinaFinance·
The real question is, how many Solana users here are running a validator or a full node without a subsidy from the foundation? Where are the real network peers? This should be a clear assumption. Hello, my name is : A participant defending my bags
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Ergo
Ergo@ergo_platform·
Meet Naomi, who was recently provided a loan from the GoodThings DAO here on #Ergo utilizing the @ErgoLend framework. This loan provided funds to expand her retail business with 0% interest through a cooperative in Kenya. Crypto with IRL application, that's Ergo...
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Gridz
Gridz@MachinaFinance·
@hodl_pepe @ergo_platform Hopefully, one day, we see an entire ecosystem of locally hosted off-chain bots that can deploy multiple application/function-specific packages. Work in progress.
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