@psychedelic_ape Thanks for answering. So they have just thrown a bunch of technologies together. By burning 50% of the supply they locked the coins in the vault forever... How about just sending them to 0x0? But hey, let's do it for the memes and culture!!
@psychedelic_ape But this also prevents the coin in the vault to be ever released??!! It's useless now. The could also directly burn the coin, still zero utility...
1/ The FTX jurisdictional battle between the US and the Bahamas and what it means for us all explained by a hentai anime penguin in a suit in between making coffee at the @wassieEmporium.
Letโs start with a recap.
Two block trees
The beauty of PoS Ethereum is that there are two components:
-> Liveness via LMD Ghost (follow heaviest branch)
-> Safety via Casper's FFG (pick a block & finalise it).
The epoch chain gives us confidence & the slot chain's tip is the "pending world state"
@devchart Murrica! Where the air conditioning is on full blast everywhere and the doors of the shops are wide open. This underdeveloped country alone is destroying our planet.
It's decided:
We're giving away all 10k of Scales NFTs for FREE
This project is now about more than just paintings; itโs an art performance. A social experiment, playing with the idea of radical generosity & the gift economy in web3.
We know, it's insane.๐คฃ
๐งตโฌ๏ธ