https://t.co/ePNbamsbmY
Should sell them all the power they want, then use the money to offer low-cost or free power to households. Or use progressive pricing. The avg person should share in the profit from tech, not have to compete with it for electricity.
@bitgertbrise Really impressive numbers on the transaction throughput/gas fees but do you have a technical paper where you describe how your tech works? Impressive claims require impressive backing!
Optical networking tech like LiFi is underrated imo. Applicable in a lot of the same situations as millimeter wave 5G but faster and less subject to interference. Also maybe safer, depending on what you believe about 5G cancer rays.
Is nondeterminism truly necessary for proof-of-stake? The RANDAO is a clever piece of engineering, but the requirement for sorta-on-chain RNG seems like the biggest potential flaw imo
@8_bitmap In many cases yes. I'm always wary saying something will save gas because it's hard to predict. I suggested defaulting to #ERC721 because of greater support/recognition/popularity but from a tech view no reason not to go with 1155, best case saves gas, worst case it's the same.
How would the transaction fees of a PoS currency like ETH compare to credit card transaction fees if it were equally widely used? Gas fees seem like a hurdle for crypto usage, but really we pay similar fees all the time. Would be interesting to do a proper side-by-side analysis.
@8_bitmap As far as I can tell ERC1155 is intended to compliment, not replace, ERC721 so I think practically only use 1155 if you need the extra functionality it offers.
@8_bitmap Usage of #ERC1155 is fairly rare because its new and bc most NFTs don't need the additional features -- while reviewing the current NFT smart contract landscape while working on #AlgoFlakes I didn't come across a single ERC1155.