btw this isn’t the first time a bug like this was discovered in zcash. last time it was disclosed after being a year+ in the wild and everyone lost faith and zcash went to zero for 7 years, until they found a new generation of buyers who doesn’t know the history (that’s you)
@amandalfischer moving digital numbers across imaginary borders requires no fee. it's there bc powerful people choose for it to be there.
https://t.co/PPiu1uBKfC
I haven't heard a great rebuttal to this Q I posted in a TG chat a while back...
Why does everyone assume stablecoins won’t be subjected to the same cross-border remittance-type fees that traditional dollars currently are? There’s no NATURAL reason it costs 3-10% to send digital entries on a ledger across a made-up man-made country border.
It is something political systems, bureaucracies, and old rails implemented themselves. The same can (and IMO will be) done once stablecoin payments get big enough. Most countries don't want the seamless flow of USD throughout their economy.
@evabeylin yeah but he made a billion dollars (or whatever) on SOL when it was pretty centralized with closed source apps dependent on FTX. and NOW, after a billion dollars, sees the light.... doesn't warrant praise IMO
https://t.co/qesCFhVDoi
@DrSoldmanGachs Thanks for sharing. I don't understand why there isn't more pushback against Kyle & Multicoin.
They made practically ALL their money on a sweetheart deal with SOL which we now know was basically engineered by FTX/Alameda.
They made one lucky bet that was boosted by fraud lol
@ryanberckmans It's insane that he's pivoted and tied his whole brand/schtick to "L1s look inferior to mature web2 companies based on web2 metrics."
How is this new, thought-provoking, or titillating to anyone who has been in the space for more than ~1 year?!
26/ BTC Wrong:
Let's start with BTC’s man of the year @michael_saylor.
This is not a personal attack and everyone has their own agenda but...
Saylor is neither the hero #btc deserves nor needs. He’s not a BTC prophet and should not be its poster boy. @SwanBitcoin@dergigi
I’ve never seen someone yell more consistently and passionately into a void than this guy.
Kudos for persistence, I guess, but dear god, pick up pickleball or something
Ethereum is a technological dead end:
They have doubled down on the ZkEVM; favouring L2s instead of scaling ETH!
While locking in slow block times (10sec!) as a consequence of this decision...
This means ETH will never compete with fast & high throughput chains like SOL & SUI!
TLDR: don't touch Kanye's coin, you will lose your money.
It's nothing new, or interesting, so I suggest as we all collectively ignore it so as not to give scammers even more of our already lacking liquidity.
I just don't get it... I know most won't care but....
If you build your "blockchain" based solely around $USD or stablecoins, it is built within centralization, regulatory fragility, and non-censorship resistance AT ITS CORE.
It does not take a genius to see how the chain could be easily kneecapped.
So why a "blockchain" at all??
I just don't get it... I know most won't care but....
If you build your "blockchain" based solely around $USD or stablecoins, it is built within centralization, regulatory fragility, and non-censorship resistance AT ITS CORE.
It does not take a genius to see how the chain could be easily kneecapped.
So why a "blockchain" at all??
JUST IN:
Stripe is officially building their own L1 blockchain alongside prominent crypto VC Paradigm named "Tempo" according to Fortune Crypto.
It is a "high-performance, payments-focused blockchain" for the Fintech giants customer base.
I haven't heard a great rebuttal to this Q I posted in a TG chat a while back...
Why does everyone assume stablecoins won’t be subjected to the same cross-border remittance-type fees that traditional dollars currently are? There’s no NATURAL reason it costs 3-10% to send digital entries on a ledger across a made-up man-made country border.
It is something political systems, bureaucracies, and old rails implemented themselves. The same can (and IMO will be) done once stablecoin payments get big enough. Most countries don't want the seamless flow of USD throughout their economy.
someone in the know, what was with this "anomalous" increase in data posted Celestia from ~Jan-May? And/or why is back to its pre-2025 ~baseline?
@blockworksres@jadler0@jon_charb@celestia
@ryanconnor@blockworksres I got no bone to pick with Blockworks Research (big fan) but literally on the analysts podcast last week, you had guys openly "teasing" each other as one being the SOL maxi and the other HYPE.
If they're cool saying it on the pod to the public, they probably have some bag bias