Risht
317 posts
@slezisatoshi @VitalikButerin @bramcohen @chia_project Leave Chia network alone and let the project die in peace
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Vitalik, the founder of Bittorent (@bramcohen), created the @chia_project, which could be a basic tool for preserving the principles of decentralization.
But the community and I believe they need help, primarily financial.
They are forced to sell pre-farmed coins ($XCH) to pay their developers, which puts pressure on the coin's price. In turn, the low price of the coin affects the engagement and motivation of farmers, who determine the project's degree of decentralization. And, of course, it's declining without sufficient funding in such a difficult market:
xch.farm/compressed-net…
They also have technical errors that led to the collapse of the Nakamoto coefficient, but Bram Cohen plans to address this issue with a major update soon:
xch.farm/decentralizati…
CEO @hoffmang has chosen the tactic of "We're doing fine, we're selling pre-farm coins to Americans," instead of establishing communication with current market leaders, like you, and finding a solution, instead of mindlessly withdrawing any liquidity:
xch.ninja
Perhaps you can help them, if not financially, then perhaps provide valuable recommendations on how to proceed in the current situation?
I would ask members of the Chia Network community to express their opinions on what's happening, because the @hoffmang is out of touch with reality and seems oblivious to the growing discontent in the community:
x.com/hoffmang/statu…
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One metaphor for Ethereum is BitTorrent, and how that p2p network combines decentralization and mass scale. Ethereum's goal is to do the same thing but with consensus.
Another metaphor for Ethereum is Linux.
* Linux is free and open source software, and does not compromise on this
* Linux is quietly depended on by billions of people and enterprises worldwide. Governments regularly use it.
* There are many operating systems based on Linux that pursue mass adoption
* There are Linux distributions (eg. Arch) that are highly purist, minimalistic and technologically beautiful, and focus on making the user feel powerful, not comfortable
(Actually, BitTorrent is depended on by enterprises too: many businesses and even governments (!!) use it to distribute large files to their users makeuseof.com/tag/8-legal-us… )
We must make sure that Ethereum L1 works as the financial (and ultimately identity, social, governance...) home for individuals and organizations who want the higher level of autonomy, and give them access to the full power of the network without dependence on intermediaries. At the same time, what Linux shows is that this is fully compatible with providing value to very large numbers of people, and even being loved and trusted by enterprises worldwide. Many enterprises in fact desperately want to build on an open and resilient ecosystem - what we call trustlessness, they call prudent counterparty risk minimization.
This is the gwei.
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I am asking all America First Patriots in Tennessee’s 7th Congressional District to please GET OUT AND VOTE for a phenomenal Candidate and MAGA Warrior, Matt Van Epps! You can win this Election for Matt, who has my Complete and Total Endorsement. HE WILL BE A GREAT CONGRESSMAN and, unlike his Opponent, he cherishes Christianity and Country Music — She has openly stated that she hates them both!
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I heard the Tron memes blew up today. Which interesting memes are trending?
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On June 12th, almost exactly half a year ago, Hamburglar was born on #Arbitrum.
Nostalgia? Regret? What do you feel looking back at this chart?
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Memes is an essential part of crypto. It is culture phenomena.
No any predictions here, just a fact, my opinion.
Do your own research
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NETWORK BUILDING TIME 🔮
NO ACCOUNT SHOULD HAVE LESS THAN 10K FOLLOWERS 👀
DROP AN EMOJI DOWN BELOW AND FOLLOW EVERYONE WHO LIKES IT 🤝
RETWEET SO IT FORMS A CHAIN REACTION ⛓️
BEAR MARKET CONNECTIONS TO THE MOON AND BACK 🚀
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#BitMart will list Sundae (SUNDAE) @Sundae_Ody on our digital assets platform on Dec 14, 2023 🤩
💰Trading pair: $SUNDAE/USDT
💎Deposit: 12/12/2023 10:00 AM UTC
💎Trading: 12/14/2023 10:00 AM UTC
Learn more: support.bitmart.com/hc/en-us/artic…
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