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dylkil

592 karma · joined September 28, 2018

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dylkil··on Did I just lose half a million dollars?
no its like telling someone to not craft their own payload and call the api directly. Use the front end which handles that for you.
dylkil··on Did I just lose half a million dollars?
If you dont know what you are doing you should never interact with a smart contract directly. People like the guy who lost 500k should be using the frontends which interact with the contracts properly. https://wrapeth.com/
dylkil··on Did I just lose half a million dollars?
people send eth to get weth back, weth is an erc20 wrapper for eth - wrapped eth
dylkil··on Did I just lose half a million dollars?
your whole comment reads like an ad for that video
dylkil··on On Web3 Infrastructure
How are you measuring that
dylkil··on On Web3 Infrastructure
From a first principles perspective what they really do and do well is remove trust from the equation. Regulations are setup mainly in situations where a central party has wholly control over something and we cant trust to not fuck us over.
dylkil··on On Web3 Infrastructure
>Many countries are banning cryptocurrencies

How many times has china banned bitcoin now, 20?

dylkil··on Is Bitcoin Down or Just Me?
>Like, maybe have a thing that doesn't break its own core rules when a bunch of jerks decide that it should? That would be a start.

LOL

dylkil··on Is Bitcoin Down or Just Me?
Whats your suggestion, how should crypto people react? They currently dont hide the fact the network split twice (8 years ago), so what else should they do?
dylkil··on Is Bitcoin Down or Just Me?
Very true, I even think satoshi wrote that somewhere on bitcointalk back in the day, something along the lines of "I have designed bitcoin, it solves byzantine general problem. This solution is extremely complex so it should hide the fact what ive really made is a ponzi scheme"
dylkil··on Is Bitcoin Down or Just Me?
short it then
dylkil··on Is Bitcoin Down or Just Me?
some people have different risk appetite
dylkil··on In Response to My first impressions of Web3
those who reap the profits will be network validators, which as of today is ~300k validators[1]

[1]https://beaconscan.com/

dylkil··on In Response to My first impressions of Web3
Yes, and a lot of people hand their money to lazy scammers who use imgur as the file host
dylkil··on In Response to My first impressions of Web3
slowly but surely things improve, and then people find something else to complain about
dylkil··on In Response to My first impressions of Web3
Ok but currently they are using IPFS so does it matter if they once used the cloud? Go here[1] and scroll down to tokenURI and input 1 and you will get an IPFS hash back.

[1] https://etherscan.io/address/0xbc4ca0eda7647a8ab7c2061c2e118...

dylkil··on My First Impressions of Web3
Yes really, if you don't have conviction you are just virtue signalling. I want to see which it is.
dylkil··on My First Impressions of Web3
the public dismay at the carbon footprint of crypto is always fascinating to me. The network rewards are setup in such a way the the most profitable miners are the ones with the cheapest electricity as this is their biggest overhead. This pushes miners to the cheapest forms of electricity, i.e renewables
dylkil··on My First Impressions of Web3
What about proof of stake chains, do you reject those too? How many companies with huge carbon footprint do you reject? What about cows did you reject them?
dylkil··on My First Impressions of Web3
everyone running erigon nodes (like myself) are running full archival nodes, currently there are ~300, https://www.ethernodes.org/.

Many geth nodes are archival, but we cant see which ones are.

dylkil··on Real Problems That Web3 Solves, Part 1
trustless, immutable, censorship resistant, permissionless.
dylkil··on Real Problems That Web3 Solves, Part 1
It can. The biggest success of crypto has been putting public/private key pairs in the hands of 10s of millions of people.
dylkil··on Real Problems That Web3 Solves, Part 1
When you sign in with web3 you are signing a message with your private key, and the website is verifying the it was in fact you that signed the message by checking the messages signature with your public key.

The only way anyone can gain control of your wallet is if you give them your private key (or the seed to the privk) or if your PC is compromised (but you have bigger issues then)

dylkil··on Sources: OpenSea Eyes $13B Valuation
Nothing, just like nothing is stopping people bidding on their own art, livestock, antiques at auctions.
dylkil··on Why Web3?
what you are noticing is increased interest in permissionless data. But sure, reframe everything you think of as bad thought as manufactured.
dylkil··on Binance just transferred 6B Tethers to an unknown address
so they are changing cold wallets, how is this news?
dylkil··on Ireland joins OECD International Tax agreement
Dublin is also going through a housing crisis right now. The population grew 400k in the last 10 years and they built virtually no apartments.
dylkil··on Andrew Yang Founds the Forward Party
thats the result of making millions of people pledge to a flag every morning when they were kids
dylkil··on Andrew Yang Founds the Forward Party
> which will increase wages and lower cost of living (real estate) pressures.

this is nonsense

dylkil··on Bitfinex just spent $23.7M in fees to make a single Ethereum transaction
they refunded the fee to bitfinex
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