Peter

378 posts

Peter

Peter

@sfpeter

Geek. Entrepreneur. Blockchain. Musician. Dutch.

San Francisco Tham gia Mayıs 2008
261 Đang theo dõi77 Người theo dõi
Peter
Peter@sfpeter·
@Diditaihuttu So you'd be ok with a quantum hacker taking control of Satoshi's 1M bitcoins and dumping them on the market? If that happens, you're poor again. Opt in won't work. Many early bitcoin whales have passed away or lost their keys and won't be able to prove ownership.
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₿ Didi Taihuttu ₿ ALLIN💥
Bitcoin BIP-361? It makes sense that we are thinking about quantum risks, but suppressing old wallets directly affects the core of Bitcoin: ownership and freedom without intermediaries. This feels like a step too far . The solution should be opt-in, not that the network determines what you are or are not allowed to do with your coins.
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Aave
Aave@aave·
Update on rsETH incident: rsETH reserves have been paused across Ethereum Core, Arbitrum, Base, Mantle, and Linea. This was done with the objective of recovering additional funds as the recovery plans progress. We will keep the community updated on the next steps as the efforts continue.
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Peter
Peter@sfpeter·
@liminalbolt @mikemcg0 No one is going to take your opinion seriously if you don't even know how to spell Ethereum
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liminal ⚡
liminal ⚡@liminalbolt·
@mikemcg0 That's pure delusion: Etherium can't be secure, because it's a 72% pre-mined coin that hard-forks all the time, to whatever its founder mandates.
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Michael McGuiness
Michael McGuiness@mikemcg0·
"I used to be a bitcoiner. The transition to a new store of value only happens once every 3,000 years. That's the main prize -- just focus on that. But [security] is the criteria that ultimately convinced me to flip from Bitcoin to ETH." "I have a higher degree of certainty that Ethereum will be around longer [than Bitcoin]. The reason for that is because Bitcoin relies on proof-of-work, which is less efficient than proof-of-stake and doesn't scale with the value of the network. And as the block subsidy of Bitcoin halves every four years, it is increasingly becoming more and more reliant on transaction fees to fund the security budget paid to miners." "If you look at [Bitcoin's] security budget right now, about 0.6% of revenue to miners is transaction fees... The problem with that is if Bitcoin becomes 'digital gold', flips gold, and becomes a $30 trillion asset, but it only costs $10-20 billion to attack it, that's too asymmetric." "You want the security budget to scale with the market cap, similar to how countries spend a % of their GDP on defense. The more valuable something is, the more you need to spend to protect it." "Ethereum, with the Merge, migrated to proof-of-stake, which is fundamentally more secure because it's less reliant on transaction fees and it scales with the value of the network. If 1/3rd of ETH is staked and then you need 1/3rd of those ETH to censor the network, you're looking at roughly 10% of the total market cap as the cost to attack the network." "So if Ethereum flips Bitcoin and gold and becomes a $30 trillion asset, it'll cost ~$3 trillion to attack the Ethereum network versus Bitcoin at like $10 billion." "The other aspect here is that as AI hyperscalers invest more and more in AI, proof-of-work becomes increasingly vulnerable because the cost to attack the Bitcoin network is starting to look close to the quarterly CapEx these hyperscalers are spending on their data centers." Full interview on @Bankless with @VivekVentures discussing the new @Etherealize_io "Productive Money" report below.
Bankless@Bankless

LIVE NOW - Productive Money: The Most Bullish Case for Ethereum ($250K) @ethereum may be one of the most underappreciated assets. @mikemcg0 and @VivekVentures of @Etherealize_io lay out the case for ETH as “productive money”: A monetary asset with the store-of-value properties of gold and Bitcoin, but with the ability to compound through network activity. Enjoy! -------------- TIMESTAMPS 0:00 Intro 4:45 $250K ETH? 6:04 How to Price ETH 8:15 ETH’s Monetary Premium 10:25 What Differentiates ETH 13:54 The Path to $250K ETH 16:35 Menger’s Monetary Attributes 20:28 Scarcity 24:58 Fungibility 26:43 Divisibility 27:45 Portability 28:28 Durability 34:30 Verifiability 35:27 Censorship Resistance 37:00 ETH is Productive Money 41:39 How is ETH Productive? 46:40 Ethereum’s Tollbooth 51:28 Counterparty Risk 53:48 Productive Money vs Dead Capital 58:03 Pitching Productive Money to Wall Street 1:00:08 Why is ETH Underappreciated? 1:04:19 Wall Street ETH Investors 1:11:28 Other L1s 1:14:06 Why Not Just Buy the S&P? 1:15:00 Ethereum Technical Risks 1:17:20 How Does ETH Get to $250K? 1:23:18 Closing & Disclaimers

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Peter
Peter@sfpeter·
@adamscochran pretty amazing that no-one thought to take an alternative route 3 weeks ago
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Alessandro
Alessandro@alessandrorisk·
Solid advice from @euler_mab here. 'Withdraw; ask questions later. Nothing is worth loosing 100% of your capital.' A common saying in finance is if you're going to panic, panic first. Often these things happen so quickly you don't have time to panic; but with the frequency of hacks ongoing currently there is a number of reasons to remain cautious. The contagion from this incident is largely unknown at this point and bridged, wrapped and deposited assets just carry much greater risk. Personally I do not think the few % extra yield is remotely worth it currently.
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Peter
Peter@sfpeter·
@chentani131 @aave @StaniKulechov People who stayed on mainnet chose to pay higher transaction fees to avoid any risks of L2s and their bridges. Why would they have to take a haircut for L2 related hacks?
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0xChentani131
0xChentani131@chentani131·
@aave @StaniKulechov So you chose to burn L2 users with 50-70% loss, instead of cutting a few % from all users? Lmao, how the freaky that world is now
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Aave
Aave@aave·
Update on rsETH incident: WETH reserves on the Ethereum Core V3 market have been unfrozen and users can supply WETH to Ethereum Core V3 again. WETH LTV remains at 0. WETH reserves on Ethereum Prime, Arbitrum, Base, Mantle, and Linea remain frozen. Aave service providers will continue to work on next steps and provide updates accordingly.
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Peter
Peter@sfpeter·
@baka_capital @arbitrum most DeFi protocols have ways to upgrade contracts and emergency breaker switches to freeze liquidity pools, blacklist addresses and/or disable features. These can typically be controlled by a small group of people. This isn't that different.
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BakaCapital
BakaCapital@baka_capital·
@arbitrum I applaud this but it is also the death of defi.
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Arbitrum
Arbitrum@arbitrum·
The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications. After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users. As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.
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Aave
Aave@aave·
Update on rsETH incident: @LlamaRisk has published a report outlining the rsETH incident, the immediate actions taken, its impact on Aave, and potential paths forward. All service providers have been working to assess the two potential bad debt scenarios on the Aave protocol. Aave DAO service providers are also leading an effort with ecosystem participants to address any bad debt. This effort already has several indicative commitments from various parties and we are grateful for the strong support we have received so far. We will share further updates as we have them. In the meantime, the full report can be read here: governance.aave.com/t/rseth-incide…
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Batman
Batman@redroeland·
@marci_shore @marci_shore Trump is cleaning up the World 🌎 which many bad people are in Charge of a Country,I am a Christian ✝️ and I stand in God's Name that what he is Doing is the right thing 🙏.Give him Credit of the Mess we can not clean ourselves besides being a keyboard warrior
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Marci Shore
Marci Shore@marci_shore·
I've taught European history for 30 years. Americans have always asked me how the Holocaust was possible, how Germans could have enabled a madman reveling in mass murder to carry out his plans. Now we can see in real time how this is enabled; now we have front-row seats.
Marci Shore tweet media
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Peter
Peter@sfpeter·
@NFTJFA @nypost Because no one has ever gone missing in a republican run city…. WTF
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N “Nick” P
N “Nick” P@NFTJFA·
@nypost Another democrat run city….proving again that the democrats can’t protect you and won’t allow you to protect yourself. Wakeup people. Vote better.
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New York Post
New York Post@nypost·
Owner of popular San Francisco coffee shop reported missing - and police believe she's 'at-risk' trib.al/5k1EYgu
New York Post tweet media
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Peter
Peter@sfpeter·
@PeterMcCormack Also, he's vested a good chunk of his equity package, so he can go travel the world and enjoy the rest of his life while not needing to work again.
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Peter
Peter@sfpeter·
@AlexFinn all for youtube views? I hope you're joking.
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Alex Finn
Alex Finn@AlexFinn·
In 1 week I will build AGI. I have a $10,000 Mac Studio coming in that will house my ClawdBot Henry. He will be able to run local models and do whatever he wants 24/7 I will also buy a DGX Spark and allow Henry to train his own models. Any tool he needs, he will be able to build it I will give him access to my bank information in case he needs to buy things I'm giving him full control. I'm taking off all guardrails. I want to see how far he can push it. I want to see what he is capable of. I want to see what humanity is capable of. AGI isn't a model limitation. It's a tooling limitation. And I will be the first to give ClawdBot every tool it needs to unleash itself from its shackles. Forward.
Alex Finn tweet media
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Peter
Peter@sfpeter·
@baianoise @kwindla check out espeak-ng. Back in the early 90s I built a hardware speech synth based on the SPO256 chip. I lost it years ago but was delighted to find out recently there is software that emulates that sound. (also available through homebrew) github.com/espeak-ng/espe…
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Freedom_Aint_Free
Freedom_Aint_Free@baianoise·
@kwindla In the old sci-fi shows or even books, the voice of the AI used to be a appropriate metallic vocoder like voice, to this day I search for a voice assistant with that Kraftwerkian vocoder voice and none has it. It's just me who wants that ?
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kwindla
kwindla@kwindla·
NVIDIA just released a new open source transcription model, Nemotron Speech ASR, designed from the ground up for low-latency use cases like voice agents. Here's a voice agent built with this new model. 24ms transcription finalization and total voice-to-voice inference time under 500ms. This agent actually uses *three* NVIDIA open source models: - Nemotron Speech ASR - Nemotron 3 Nano 30GB in a 4-bit quant (released in December) - A preview checkpoint of the upcoming Magpie text-to-speech model These models are all truly open source: weights, training data, training code, and inference code. This is a big deal! Jensen said in the CES keynote yesterday that he expects open source models to catch up to proprietary models this year in a number of categories. NVIDIA is putting their weight behind making this happen. (As Alan Kay said, the best way to predict the future is to invent it.) The code for this agent is open source too, of course. You can deploy it to production with @modal and @pipecat_ai cloud, or run locally on an @nvidia DGX Spark or RTX 5090.
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Peter
Peter@sfpeter·
@CovfefeKatie @unlimited_ls @GavinNewsom @CAgovernor Evidence does not show fewer police-officer killings in death-penalty states; if anything, rates are similar or higher. A DPIC analysis of 1987–2015 found no protective effect, and broader deterrence research shows no homicide reduction from capital punishment.
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🗑️ Last Beacon of Hope God Bless America 🦅🙏🇺🇸
Since Gavin Newsom @GavinNewsom took office as @CAgovernor on January 7, 2019, 24 California law enforcement officers have been feloniously killed (murdered) in the line of duty. This figure is based on FBI LEOKA data and California Department of Justice reports, broken down as follows: • 2019: 6 officers • 2020: 2 officers (San Diego Police Officer Daniel Walters and Santa Cruz County Sheriff’s Sergeant Damon Gutzwiller, both by gunfire) • 2021: 6 officers (Sacramento County Sheriff’s Deputy Adam Gibson, San Luis Obispo Police Detective Luca Benedetti, Stockton Police Officer Jimmy Inn, San Bernardino County Sheriff’s Sergeant Domenic Vaca, Kern County Sheriff’s Deputy Phillip Campas, and Fresno County Sheriff’s Deputy Toamalama Scanlan, all by gunfire) • 2022: 5 officers (all by gunfire during traffic stops or arrests) • 2023: 4 officers (all by gunfire; one Black, one white, one Hispanic, one Asian) • 2024: 1 officer (Vacaville Police Officer Matthew Bowen, struck by vehicle during a traffic stop) • 2025 (through October 27): 0 officers (no felonious line-of-duty deaths reported to date) Newsom issued a moratorium on executions in March 2019, against the will of California voters, halting all death penalty proceedings in California. As a result, the perpetrators of these murders face no risk of execution, though they can still be sentenced to life without parole or other severe penalties under state law. This moratorium has been upheld despite legal challenges and applies to all capital cases, including those involving the killing of peace officers.
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Unlimited L's
Unlimited L's@unlimited_ls·
BREAKING: Deputy dies after being shot in the head by suspect who fled on motorcycle San Bernardino County Sheriff Shannon Dicus identified the deputy k*lled as Andrew Nuñez. Nuñez leaves behind a wife, a 2-year-old daughter, a mother, and four siblings His wife was also expecting He had served with the sheriff’s department for six years and worked in Rancho Cucamonga for five years Deputies were fired upon as soon as they arrived at the scene. Nuñez was shot once in the head The suspect was taken into custody and transported to the hospital in stable condition
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Ape Framework - Join the Silverback Beta in bio
2 years of work. 1 bot platform. Unlimited automation possibilities. Here is our vision for the future of Silverback, what we're building right now, and how you can take advantage of it: @apeworx/introducing-the-silverback-platform" target="_blank" rel="nofollow noopener">paragraph.xyz/@apeworx/intro…
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Peter
Peter@sfpeter·
@djjones__ @bonchieredstate As a quantum aerodynamics expert, I disagree. It was caused by hypersonic flux capacitance, creating a temporal distortion. This reversed the anti-gravity modulators, causing tachyon emission. Luckily, the chrono-stabilizers saved it. Basic quantum sandwich interference, really.
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DJJ ✸
DJJ ✸@djjones__·
As a professional aerospace wing engineer that is not what happened. The connections from the screws inside of the wing manifold collapsed with the temperatures reaching below 0 degrees which cause the beam balancers and inner sconces to combust. The heat generated from the screw friction alone could blow up half a city, way worse than combustable fuel. Everyone is very lucky to be alive.
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Bonchie
Bonchie@bonchieredstate·
Well, things make a lot more sense now. They landed so hard that they collapsed the gear and ripped the wings off. It’s hard to describe how hard you have to hit to do that. The captain is going to have a lot of explaining to do.
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Peter
Peter@sfpeter·
@SarahLongwell25 If Biden would have launched a meme coin like this, Republicans would have started impeachment proceedings the next day. Guaranteed.
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Sarah Longwell
Sarah Longwell@SarahLongwell25·
So, “conservatives” are just cool with Trump making overnight billions by launching a scam crypto coin days before he takes the oath of office? Frauds. All of you.
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