Kosui Ryo retweetledi
Kosui Ryo
51 posts
Kosui Ryo
@kosuiryo
Software Developer/Architect/Consultant. Former Petrachor core protocol dev (Proof-of-Stake, BLS signatures and the BLS12-381 curve)
Katılım Mart 2019
388 Takip Edilen33 Takipçiler
Kosui Ryo retweetledi
Some of the experimenters are always gonna outperform the careful bunch. It doesn't mean experimenters are smarter than others; it just means if enough reckless people try enough things, some of them will get lucky.
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Kosui Ryo retweetledi
Evidently, there's a terribly timed attack on ETH tonight and everyone needs to update their Parity nodes.
Hudson Jameson@hudsonjameson
URGENT: If you have a Parity node read this blog post and update your client!
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Kosui Ryo retweetledi
Kosui Ryo retweetledi
Probably the most important proposal for Etheruem right now. It has our full support! PoS itself adds a lot of value to Ethereum even without sharding in place and adding this value ASAP will help to manifest the value of ETH.
vitalik.eth@VitalikButerin
For those who haven't seen it yet, my proposal to merge eth1 into eth2 earlier: ethresear.ch/t/alternative-…
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Kosui Ryo retweetledi
When rich CEOs brag about how many hours they work, remember that they have servants who clean their house, cook their meals, and do their shopping.
When you have to do these things for yourself, it doesn't count as "working", mysteriously.
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Kosui Ryo retweetledi
The goal isn’t Ethereum or Bitcoin or Polkadot or Cosmos or any other blockchain... it’s global decentralization. We’re all in this together versus the past. Rest up... 2020 is gonna be a doozy.
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As far as I can tell, a brute-forced (how?) key is useless because you have no coins on the key to stake with. The “coin age” requires that about 256 blocks need to pass before you can stake with a new key, at which point the stake modifier had changed. But I might misunderstand
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Kosui Ryo retweetledi
@udiWertheimer @nic_carter Any evidence of that on the publicly visible chain?
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@nic_carter Oopsie!
Which of course means there was also no inflation control (Vitalik could just send coins to himself to print as many ETH for himself as he’d like)
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🚨EMERGENCY UPGRADE🚨
To whom it may concern: The Ethereum High Council has released an Emergency Upgrade to Ethereum Community Guidelines
The 70% ETH premine will be known henceforth as “BTC Directed Optimistic Hashing”
Please upgrade your thesauruses by January 1st (or else)
vitalik.eth@VitalikButerin
@naviinkapoor @pocketdev @LinaSeiche @WhiteRabbitBTC @BastardSuprstar That includes the *presale*. Those coins were assigned in an open process anyone could participate in, like mining. It's arguably more accurate to say those coins *were* mined, the mining algorithm was just sending BTC to 36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2
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@udiWertheimer @shesek How do you feel about the Petrachor coin distribution model?
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The logical answer is that demand won't change just because the issuance of new supply slows, particularly when the final supply is fixed and known.
But markets aren't always logical.
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On the BTC halving:
I don't believe it to be efficiently "priced in".
Markets aren't about making predictions. They are about making predictions about predictions.
That supply will be cut in half on a certain date won't be a surprise. How the market will react to it will be.
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@BobMcElrath What is “value preservation”? Is the fixed total supply not a security issue in the long run? Do the unsustainable energy requirements for its security not harm the chain’s continuity?
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Ethereum is a sidechain to Bitcoin, but Bitcoin is not a sidechain to Ethereum. Experiment on/with Ethereum, while Bitcoin remains conservative. Bitcoin prioritizes value preservation, security, and continuity over experimentation. Ethereum does the opposite. Both are needed.
Bob McElrath@BobMcElrath
@cyber_hokie @Dexter_Valkyrie That's what a sidechain is. You peg assets into the sidechain. WBTC makes Ethereum a sidechain, with Bitcoin living inside of it. If you're willing to take the risks of Ethereum, you can use WBTC today. If not, you can peg-out to Bitcoin, as long as Ethereum isn't totally broken.
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@BitmainCoin @WhalePanda “less scammy”? What could be improved to remove the last bit of scammyness, in your view?
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@kosuiryo @WhalePanda Its still pointless, less scammy, but pointless.
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Bitcoiners don't "attack" Ethereum. They point out their flaws, inconsistencies and spreading of false informations.
For example:
- change of narratives (world computer, ICOs!, dapps!, defi!,...)
- trying to rewrite history (DAO, premine, scalability promises, PoS promises,...)
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@BitmainCoin @WhalePanda I thought the shared state and execution model to allow inter-contract communication was a very interesting experiment. But I can’t deny there is room to improve it further.
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