And the frightening creepy creeping of AI engines all over the net makes progress on this all the more urgent...
news.bloomberglaw.com/us-law-week/th…
English
SignorFerrari🔺
32 posts
SignorFerrari🔺 ری ٹویٹ کیا
So what would stop a person private company from hosting an OpenAI competitor based on Meta’s bigger LLaMA models? Surely it isn’t copyright claims.
English
SignorFerrari🔺 ری ٹویٹ کیا
.@UBS's bid for @CreditSuisse falls short. I would like to propose my own offer of $1.5 billion to acquire Credit Suisse and integrate it into the Web3.0 world. Switzerland has been one of the most crypto-friendly countries in the world.
English
SignorFerrari🔺 ری ٹویٹ کیا
Everyone was talking about how @saylor would get liquidated
Instead his bank & lender got liquidated.
Few.
English
SignorFerrari🔺 ری ٹویٹ کیا
English
@CarlBMenger Nope...these guys managed to keep their books balanced
English
Hmmm...could there be any other big important banks that hold a lot of institutional deposits, have loaded up on "safe" long term debt, and are pretending that the value of their collateral hasn't changed in last 12 mos?
English
This is beyond sickening.
The New York Times@nytimes
In less than a week, the cryptocurrency billionaire Sam Bankman-Fried lost most of his fortune, saw his $32 billion company plunge into bankruptcy and became the target of investigations. "It could be worse," he said in an interview. nyti.ms/3E7yARV
English
@laurashin @emilydparker Seriously, we need more anons. Why haven't more leaders followed Satoshi's example? Imagine Adams or Jefferson ignored Washington, gave in to ego, sycophantic fans, and scoop-chasing reporters, and served 10 terms each
English
Nice piece by @emilydparker 👏
"[C]rypto shouldn’t need a savior. The whole point of crypto is that it is supposed to be decentralized and transparent. Bankman-Fried’s rise and fall shows how far the industry has strayed from that ideal."
cnn.com/2022/11/12/opi…
English
@TheStalwart So the real problem is that there are still way too few services that crypto can buy that are worth paying for (beyond gambling by trading crypto tokens...which has of late become a lot fun / worth paying for).
English
In crypto, as elsewhere, the price of the coins is tied to the net present value of all their future free cash flows.
The problem is, the net present value of all their future free cash flows is tied to the price of the coins.
English
@TrustlessState Crypto superpower is removing risk. But the humans can't resist using it to magnify risk. Physicists had to feel same way about E=mc^2
English
For the first time ever, I feel like I have nothing to stand on when I say crypto is good for the world
English
SignorFerrari🔺 ری ٹویٹ کیا
@hn_avax @CryptonoteSoci1 @kevinsekniqi Good to hear. Would be nice to see some stats on relationship between stake and stability /performance (from you all or AvaLabs). Would guess having a cloud service IP address would be far better predictor of validator stability than stake size...(raises diff issue for sure)
English
@hn_avax @CryptonoteSoci1 @kevinsekniqi Looks like 511 validators with more than 6500 avax staked, out of 1424. (Other criteria will only lower that number.) What effect has your service had on concentration of validator stake? Worry a bit that it might be helping the bigs get bigger...
English
Every sAVAX is backed by AVAX.
1/ Been a few receiving questions regarding sAVAX/stETH and its impact on the broader Avalanche ecosystem. Here’s why it isn’t an issue👇
Emilio^@The3D_
@WojakSatoshi @BarryFried1 @dennis_qian 2. as mentioned above, temporary depeg due to market conditions is unlikely to leave long term insolvency because the peg will be restored at some point (hell if it goes 10% down I'll convert all the ETH I hold to stETH)
English
@el33th4xor Might be helpful to upgrade Avax docs to more explicitly define "better than flaky" setup. The latest two releases of avalanchego appear to have seriously upped the network connection/hardware requirement; it's not mentioned at all...
English
In addition to what Patrick said, if you run a flaky validator, please upgrade your hardware and network connection.
patrickogrady.xyz@_patrickogrady
One of the 18k delegators on #Avalanche? Make sure to check a validator's "stability score" before making your next delegation! Delegating to responsive and stable validators increases the probability you'll get rewarded during your staking period. 🔎 stats.avax.network/dashboard/vali…
English
@JFSaine @GC_of_QC @el33th4xor @Psidium_Labs Looks like they delegate based on reliability stats...but also a 6500 Avax min threshold. Would stratified random sample based on only reliability stats create real risk? Imho high stake min centralizes validation & stinks for small nodes (e.g., mine) - we work hard too!
English
@GC_of_QC @el33th4xor @Psidium_Labs 2 reduces ratio - because you are more likely to distribute to an untrusted node in a random distribution?
English
They appear to have decided not to delegate to validators with less than 6500 AVAX? Any real concern (or evidence) that those of us investing closer to the $200k/2000 AVAX min to run our validators aren't reliable? Not a great look...
Emin Gün Sirer🔺⚔️@el33th4xor
Liquid staking is live.
English