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luda

@probablyluda

researching the human condition.

earth Katılım Ekim 2009
893 Takip Edilen1.5K Takipçiler
luda
luda@probablyluda·
To be clear: DogeOS DOGE is NOT Layer 1 Dogecoin. You cannot send DogeOS "DOGE" to your L1 wallet It is an EVM compatible, 1:1 custodial backed* token, designed to represent Dogecoin on EVM compatible blockchains. *(Full trustless can be implemented, but requires a soft fork update to L1) L1 is, and always will be, the ultimate form of self-custodial transactional sovereignty. It cannot be restricted, hijacked, siphoned or taxed. It is technically impossible to "move" L1 Dogecoin off of the network. It must always exist in an L1 wallet, somewhere on-chain. In that L1 state, it is limited to basic wallet functionality and simple Send/Receive transactions. No user protections, no recovery, no trustless custodial contracts, no intermediary between users. On L1, it is legally sticky to serve as a financial mediator between parties. Without custodial ownership of funds, a system cannot perform automated transactions on behalf of users on L1. L1 is, and always will be, the ultimate form of self-custodial transactional sovereignty. It cannot be restricted, hijacked, siphoned or taxed. DogeOS is offering a compromise: Sacrifice some self sovereignty and trust their system to facilitate EVM functionality for Dogecoin using their 1:1 backed "equivalent" token. --- EVM functionality unlocks: Turing-complete smart contracts: Complex, conditional, self-executing code. Custom tokens: ERC-20/ERC-721 fungible & NFT standards. dApps & composability: Full DeFi, games, DAOs with interoperable contracts. Automated trustless execution: On-chain escrows, liquidations, royalties, etc. --- For many L1 purists, none of this functionality is worth sacrificing their own self-sovereignty for. This is not a "bad" or "wrong" position. It is the most pure Dogecoin stance you can take. However, any meaningful growth for Dogecoin as a practical currency and ecosystem requires more than pure L1 sovereignty. For users, developers, and builders who want Dogecoin to compete in the modern blockchain world, DogeOS provides a necessary and pragmatic bridge. - You voluntarily deposit your L1 Dogecoin into the custodial bridge. - You receive an equivalent amount of DogeOS DOGE on the EVM-compatible layer. - You gain full access to smart contracts, ERC standards, dApps, and automated on-chain logic. - When desired, you can redeem your DogeOS DOGE back to native L1 Dogecoin. This is not a replacement for L1 Dogecoin. It is an opt-in extension layer designed to bring utility and capital efficiency to the Dogecoin community without compromising the integrity of the base layer. L1 remains the ultimate settlement and sovereignty layer. DogeOS becomes the execution and innovation layer. Both can (and should) coexist. The future of Dogecoin does not require choosing one over the other. It requires recognizing that maximum sovereignty and maximum utility are different priorities, and the ecosystem is big enough for both. Purists protect the soul of Dogecoin on L1. Builders expand its reach on DogeOS. Together, they make Dogecoin stronger.
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luda
luda@probablyluda·
@OneGoodShibe @MoonlitMonkey69 Ah, fair point. Been hopping between threads quite a bit. I am not involved or affiliated with DogeOS other than using the chain for smart contracts on DuGs.
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luda
luda@probablyluda·
@OneGoodShibe @MoonlitMonkey69 To clarify: The DuGs team is unaffiliated. We are not a part of MyDoge, DogeOS, or any other team building on DogeOS.
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luda
luda@probablyluda·
My role is Creative Development. Prototyping, functionality, user interface, etc I built the original prototype of the current iteration after Red, CD and myself were discussing the concept in a space together. It is true that the idea had been floating around around the community for some time prior, and had been mentioned by Tim (Linux User Groups -> Dogecoin User Groups) There is zero code shared between the current build and whatever Red had developed at the hackathon with Tim. The core team is Myself @REDWRITER - Marketing, branding, graphic design etc @ConsciousDoge - finances, accounting, etc @builderdogecoin - infrastructure, blockchain, smart contracts, etc Here is a post from Red describing the seed funding: x.com/i/status/20590…
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luda
luda@probablyluda·
Because I don't know the answers. I have never endorsed or promoted anoncoin or any token on it. I do not agree with your premise that dogeOS was designed specifically for Anoncoin, or that the intention is to attract SOL grifters to our ecosystem. The tech is coming regardless. I intend to build an ethical community governance platform. That is my focus. Everything else is noise to me.
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luda
luda@probablyluda·
@OneGoodShibe @MoonlitMonkey69 My guess is that they collect fees from transactions on the L2. How much of a fee is yet to be seen. What fee structure would you consider fair (if any) ?
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OneGoodShibe - Official King of Dogecoin 🫣🤣
@MoonlitMonkey69 @probablyluda They were *super* excited that Anoncoin was expected to be bigger than pump fun. It seemed to me that it was the kind of excitement that comes with an expected windfall. That's just my opinion though. What IS weird is that no one will answer these questions. Which seems sus 😆
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John
John@John_Inubook·
@probablyluda @OneGoodShibe @ConsciousDoge There is a clear difference between "anyone who posts about them" and someone who's actively engaged in pushing deceptive content and pump and dump frauds. The fact that once again you are purposely dismissing that while trying to spin the narrative again is very telling.
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luda
luda@probablyluda·
Even if everything you are claiming is true, you are extending suspicion out from the Fdn+HoD to anyone who posts about them, and further extending that suspicion to any project they are working on, and then extending that suspicion out even further to anyone also working on those projects. By your standards, absolutely any project or person operating in the Dogecoin should be labeled as untrustworthy. Not on its own merits but through an arbitrary lens you and your merry band of crusaders choose to apply. Even worse, it is the founders who actually make themselves available for feedback and spend time engaging with your criticism that get the worst of it. Actual grifter projects who ignore you simply go on with their grift, while genuine projects waste time and sanity fielding your endless character attacks.
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John
John@John_Inubook·
@probablyluda @OneGoodShibe @ConsciousDoge The evidence is there but it takes more than a lazy 2 minutes research to find it. It's in all their sec filings. That is the reality and acting like it doesn't exist does paint you in a very negative way.
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luda
luda@probablyluda·
Yes, as in a court of law. And yes, unfortunately it takes years. The issue I am addressing here is that, while abundant red flags have been called out by you, John, Rich etc, neither Grok nor Google has any mention of concrete evidence of fraud when searching. To extend that out to Redwriter, and then even further extend it to our project, is a huge stretch. Even now, me simply stating that actionable evidence is unavailable to the average person, immediately places me on the side of HoD and Fdn, I am now a pedophile protector, and a fraud apologist. Apparently, there is no middle ground to be had with this issue. It is tribal at its core and I was foolish for thinking I could engage with any of it.
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luda
luda@probablyluda·
@John_Inubook Nobody in the Doge community has caused more division than your little hater squad. Bad faith. The lot of you. Good riddance
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John
John@John_Inubook·
@probablyluda The only difference is that we have receipts to prove it and been proving it while you only have your low-key character bashing, weak insults, trying to change the subject and spin it in another way. I don't need you to believe anything, the evidence is there.
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luda
luda@probablyluda·
@John_Inubook The whole point I'm trying to make is that one could reasonably argue that Red was not aware of the evidence you possess when he posted about HoD
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luda@probablyluda·
@John_Inubook I'm the one character bashing lmao that's rich bro. Bring your law degree next time and we can chat.
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luda
luda@probablyluda·
@John_Inubook The way you argue makes me think everything you've ever said about Fdn and HoD is a lie. Congrats.
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mstr Ð
mstr Ð@iMmr_D·
Birds of a feather
mstr Ð tweet mediamstr Ð tweet media
luda@probablyluda

@John_Inubook @ConsciousDoge There is no actionable evidence of fraud committed by HoD. Unsavory dealings and questionable investment offers? Sure. But no actionable evidence. So, not only are you making assumptions about HoD, you are now transferring that assumed guilt to other people.

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luda
luda@probablyluda·
@John_Inubook Bad faith through and through. It's a shame I tried to engage with your questions thinking you were really just trying to learn more.
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John
John@John_Inubook·
@probablyluda Nah, you're not walking this back. You've made your bed. You're defending fraudsters. And red is a self proclaimed journalist but he doesn't do proper research on fraudulent pump and dumps? Are you serious? "he didn't know" but he's been actively pumping their shit 🤣 Sure Tim.
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luda
luda@probablyluda·
@John_Inubook @ConsciousDoge John, you know very well I also suspect HoD of all the things you are claiming. However, I would never mistake my suspicion for conviction. And I would never try to attribute unproven fraud to anyone else.
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John
John@John_Inubook·
@probablyluda @ConsciousDoge I know you won't take the time to do it but if you ever do, you'll see it's there. No vague or false accusations. Glad to see who you really are tho.
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John
John@John_Inubook·
@probablyluda @ConsciousDoge And now you sound exactly like Tim when he's defending DeFrancesco. Good job, you played yourself.
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luda
luda@probablyluda·
Asking Google or Grok "Has House of Doge committed fraud?" The answer is "No" Maybe they ARE fraudulent but at this time, there have been zero SEC filings, zero CFTC filings. An investigation is not evidence of fraud. People involved who have committed fraud in the past is not evidence of fraud. I am in no way in favor of HoD but you are not a lawyer. Furthermore, if this evidence DOES prove fraud, it is not readily available to anyone trying to research the issue, therefore your accusations aimed at Red are based on information he may not have had.
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John
John@John_Inubook·
@probablyluda What facts? Your lazy 2 minutes research on google and grok? That's your "facts"? 🤣 🤣 🤣 🤣 🤣 That's really rich coming from you.
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John
John@John_Inubook·
There you have it.
luda@probablyluda

@John_Inubook @ConsciousDoge There is no actionable evidence of fraud committed by HoD. Unsavory dealings and questionable investment offers? Sure. But no actionable evidence. So, not only are you making assumptions about HoD, you are now transferring that assumed guilt to other people.

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John
John@John_Inubook·
@probablyluda @ConsciousDoge A quick assessment with grok and here are the laws and criminal provisions on their most recent pump and dump fraud. A thorough search through years of deception and organized serial frauds prove there is without a doubt fraud. The fact is that you are purposely dismissing it.
John tweet mediaJohn tweet mediaJohn tweet media
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luda
luda@probablyluda·
@John_Inubook Can you prove otherwise? Legally admissible. I am not defending them. These are just facts.
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