While BTC2's upcoming bot was evaluating projects to trade, bittensor:native was evaluated too but was rejected even for short term trades due to being extremely centralized. Thanks to their sudo_as powers, they can take away your tokens at will. A table comparing it to a proper ERC20 token:
Are you liking #HYPE's buyback mechanism? that's similar to what #BTC2 will have when the bot fees are paid in BTC2. A few of you were invited to test it while it is getting ready.
#Bitcoin2
@austincampbell There will be higher fees by necessity when usage is higher and/or quantum proofing just takes more blockspace. Another way to value the network is based on the max fees people would pay to use it instead of an alternative chain.
@thsottiaux When trying to solve bugs in an app, it never even considers problems caused by low system performance even though where the code runs has been documented for it. It operates as if the code will run on a supercomputer always. Also incapable of writing performant code by default.
Bitcoin has been recovering. the bear market seems to be over but not a bull market yet. Our yield bot that will require #BTC2 coins to use became a complex beast with more features than anticipated. It is being tested vigorously in private. Invitation for more testers TBA.
While waiting for a more bullish time for the crypto market the #BTC2 bought for airdrops is being staked. And the income generating bot that'll be an important use case for BTC2 is still developing. It can be made available regardless of market conditions though.
This is another problem with crypto payments. Short term, using a CEX avoids it (but the CEX will have that info). Long term, need a proper privacy solution.
@eggpanned@FWDind@solana During market distress they depeg for days and the only option is to wait for the unstaking period. No different from the 2% penalty of instant unstaking. The only benefit is that you can use it in some defi while it's being staked.
@Protos Without debt the ol' mNAV would still be the appropriate metric, but after they buy BTC with debt of course they have to compare the NAV to the enterprise value. Otherwise the BTC value will of course be higher if significant debt was used.
You are supposedly a MEXC exec.
It’s been 3 weeks since you publicly acknowledged his posts and multiple months since it was frozen / publicized.
Unfreezing an account is the push of a single button.
The users whitelisted address was funded via Coinbase and likely not illicit funds.
I do not believe the MEXC compliance email excuses as MEXC is known to be uncooperative and rarely is proactive with blocking actual illicit funds and seems to only freeze legitimate profitable user accounts like a bucket shop which gets highlighted by user complaints on CT.