HN user

k_vi

96 karma
Posts11
Comments52
View on HN

All software has bugs. This is same as claiming ETH will always get hacked because of the DAO hack.

As far as I can tell there is no fundamental design flaws in Solana that makes it so that it will always go down. There are bugs in the networking stack that are being fixed.

An no, "engineers" don't bring it up. I run a validator and only i'm incentivized to restart it back up because of my stake.

This is no different from ETH, Lido staking has ~30% market share[0].

Stake centralizing != less security. no amount of stake can allow validators to steal your funds, this affects only censorship resistance. So actual validator count is more important than superminority.

In case of USDC I'm assuming Circle should be running their own validator, which is the source of truth.

As someone who has used most networks, Solana has the best experience for transacting USDC.

[0] https://dune.com/hildobby/eth2-staking

Tried Supabase but currently only use their Auth.

The server to database latency was very high(few hundred ms) whereas Planetscale DB in the same region gives sub 10ms.

Still great option for most projects that can do with these issues.

I've tried doing this read & updates using Postgrest and row-level-security using Supabase. When it works its an amazing experience but even for semi complex stuff you would still need to use Postgres RPC, which is still another "API" layer. I find writing API using SQL a nigtmare.

Simple queries like this don't work on Postgrest: `update likes set likes = likes + 1;`

Bitcoin value is in it's potential to become a savings technology(store of value, digital gold, hard money) on the internet.

Decentralisation is a spectrum, expensive and slow is intentional in it's design to provide the highest level of security and trustlesness. If you want fast and cheap transactions then blockchain is not the answer.

If Bitcoin goes mainstream, layer 0 will be used for large value transactions. Rest will be moved off chain to custodial wallets and on probably a much smaller scale lightning, liquid and ethereum. Compared to fiat, transparency and opting out of centralized systems are easier.

The real question is not whether Bitcoin is a good SoV but if Austrian economics and sound money are a better alternative to our present economic system[1].

Either way, I believe Bitcoin might become the safe-haven asset that people could fall back on in times of inflation[2].

I think the following arguments against Bitcoin are not useful.

- X blockchain is faster than bitcoin.

- PoW is wasteful.

- Bitcoin is used for drugs so cannot be money.

- Whales can manipulate the price.

[1] http://econfaculty.gmu.edu/bcaplan/whyaust.htm

[2] https://news.bitcoin.com/countries-suffering-from-rapid-infl...

I don't understand. If I accept bitcoin payments, does this make me a wire transfer service?

If it makes the payment service provider a wire transfer service then Bitcoin and BTCPayServer already solves this.

Happened to us, we built a bot[1] to buy and sell bitcoins privately on Telegram. Someone messaged me saying that they would get a 'SCAM' label on our bot if we didn't pay them the ransom. We didn't comply and within a few days we got the label(guess they managed to get a lot of accounts on our bot to report scam). Their support team was unresponsive and it took around 3 weeks to get it resolved.

Needless to say, our users lost trust and we couldn't risk this happening again.

We still run the service(from request of a few existing users) but not actively promoting it.

[1] https://t.me/megadealsbot

Loneliness is an involuntary reaction that arises from a lack of meaningful social connections

It might be a cause for most people but not everything. For example, when I feel lonely it's not because of "meaningful social connections" just that I have nothing worth doing.

- No driverless on most roads, but we will see certain routes accessible to uber/trucks become driverless only.

- Second worlds get much better (fortnite etc), will see advertisement model take off.

- Nations finally start taking climate seriously.

- Bitcoin sees more adoption as the best performing savings system. Ethereum and blockchain hype dies down and serves only a niche.

- major advancements in "biobags"(ectogenesis) for humans.

- China starts abusing CRISPR. the iatrogenics leads to some epidemic.

- we don't live on mars yet. satellite internet becomes common.

Something I realized taking a remote job for the first time, having genuine conversations was the default - my capacity for giving and taking hard criticisms is so much better. Some of it has also spilled into my personal life :)

Brave launches 1.0 7 years ago

It'd be like taking a walk in the park and paying/supporting the park if you feel the need to.

I'm no longer fully convinced that language and metaphor generates consciousness though.

It might just be a subset of what generates consciousness.

I use localbitcoins.com and recently was fooled into giving away credentials even with 2fa enabled. Their ingenious method almost got me.

New message from LocalBitcoins support ticket #570241.

---

Your most recent attempt to access your private support ticket was rejected due to: INVALID AND/OR EXPIRED CREDENTIALS.

Please try again, you have (2) attempts remaining.

---

This account has been flagged as high-risk after receiving a support ticket submitted by another user regarding the following ad:

ONLINE_SELL #2322 - Bank Transfer Please review and reply to this ticket as soon as possible to help us further investigate this matter. Failure to access this ticket may result in the suspension and/or revocation of your account until contact is made.

---

Best regards,

LocalBitcoins

---

To access this ticket, visit:

https://localbitcoins.help/support/reply/570241/ For security and privacy reasons this ticket may not be accessible without proper authentication due to the sensitive information involved.