133 karma · joined February 16, 2012
The article talks about flaws in DEX design, opening the risk of front running. What's happening is that DEXs work on chain, therefore orders are submitted on chain and thus visible in the mempool while waiting for miners to include it in a block. Front runners view these pending orders and then submit a similar order (but with a higher gas fee), thus incentivizing miners to take their Ethereum transaction instead of the earlier order (for higher fees).
While the article in question is correct with regards to what I explained above, I hate how generalizing it is. Not all DEXs are designed the same way. The first generation of DEXs did everything on chain which also has the downside of limited throughput (limited by blockchain transactions per second). The next generation DEXs are working to solve this with off chain solutions which would also solve the front running problem.
If anything, digital publishing where you can circumvent the publishers should allow for more content to reach market (not saying it's all good...see geocities webpages as an example of this) but I'm not sure why you think this would be bad for the Chinese SciFi scene.
But are there any plugins that remove/filter all google search results from Quora?
But seriously... A recent job hunt has made me aware of how crummy companies are and how management roles are under-appreciated; so I've been spending a lot of effort on updating my developer skills as it seems most companies expect you to do everything nowadays.
Cyptocurrencies were not designed to facilitate illegal activities. Yet every fuddite makes it seem so.
Every single fiat currency in the world is/can be used for illegal activities. Do we discard them? Care to wager which currency, USD or BTC; is used more for illegal activities? No, I didn't think you would. But media and fudders will repeatedly point out that it's cryptos that are used to transact illegal things.
The BCH camp could have contributed their resources to helping Core come up with a long term solution. Any fork that doesn't offer real groundbreaking advances is just a distraction and should be shunned. Forks that are simple recompilations of the original Bitcoin with simple config changes to the blocksize and/or algo are power/greed plays.
These debates are why golang and it's gofmt are so great :)
If you look at any crypto exchange, you will see BTC-fiat currency pairs for USD, EUR, CNY, JPY, etc. Not sure what more of an "attachment to fiat" you could ask for.
Wechat isn't simply chat. It has grown into a platform that has empowered it's users to partake in a growing ecommerce industry. It also has p2p payments which is hugely popular.
When interviewees are asked "So why are you looking to move from your present job?". Saying that you need a new challenge sounds very different than "needing to pivot".
Pivoting your career can be construed as having failed somewhere and needing to find something else.
In the context of a career, phrase it as evolving your skills to match market demand. The very people who "pivot" resonate with will immediately associate it with failure.
Sorry, a bit trollish but am I wrong? In theory Ethereum does promise a lot but in practice, we're yet to see much in terms of useful smart contracts. And as we can see from the DAO debacle, they've broken their claims of "Ethereum is a decentralized platform for applications that run exactly as programmed without any chance of fraud, censorship or third-party interference."