nooq

Investing in Avalanche, Mina, eCash and Chia.

[nooq @nooq___]

@antiprosynth @julybright @ercwl https://t.co/egtTyYJURy

[nooq @nooq___]

Another thing:

The built-in delegation mechanism enables the liquid staking solutions to use the existing validator set, and since staking is risk-free (no slashing), subjective curation is not/less needed.

Obviously, the liquid stakers still need to trust that solution.

[nooq @nooq___]

@dberenzon a prefrontal cortex

[nooq @nooq___]

@hasufl it doesn't have to be that bad
https://t.co/egtTyYJURy

[nooq @nooq___]

Another thing:

The built-in delegation mechanism enables the liquid staking solutions to use the existing validator set, and since staking is risk-free (no slashing), subjective curation is not/less needed.

Obviously, the liquid stakers still need to trust that solution.

[nooq @nooq___]

@KyleLogiks @hasufl Totally agree.
https://t.co/NWlnaqZnkm

[nooq @nooq___]

For example, Chia separates block production from pooling and uses an already decentralized resource as a sybil control mechanism. The result is astonishing.
https://t.co/lLDJpHjlxS

[nooq @nooq___]

The centralization is now as clear as day. BTC maxis are definitely winning.
https://t.co/YDBTzxRUSn

[nooq @nooq___]

If you ask a BTC maxi to point out the centralization in Ethereum he will give you an autistic answer that doesn't resonate with normies.

This will change after the merge.

[nooq @nooq___]

Happening sooner than expected thanks to OFAC. Safe to say maximalism is making a new ATH.
https://t.co/lE6nBWr85Q

[nooq @nooq___]

The merge will breathe a new life into Bitcoin maximalism.

[nooq @nooq___]

Months ago:
$ETH will be ultrasound money and Ethereum will the be the settlement layer of crypto. No one can stop the flippening 🚀🚀

Now:
pls put X 🏴 in your display name to protect ethereum
https://t.co/T6ybgdLBUf

[nooq @nooq___]

The "institutions" are already in. The only question is whether they will remain in after the merge changes the fundamentals they cared about.

[nooq @nooq___]

@apolynya Same clown:
https://t.co/RrkyLB0eP5

[nooq @nooq___]

Make your rollup more efficient with this one simple trick:

Just don't include regulators into your threat model.

[nooq @nooq___]

For many years, ETH clowns like @apolynya claimed that tech doesn't matter, new L1s are a waste of time, ..etc

Now they have to beg CEOs on Twitter to not censor their chain because their tech is garbage.

[nooq @nooq___]

Bonus:
No attestations.
https://t.co/7Y6ofCRXrT

[Eric Wall @ercwl]

@technocrypto You also have the "problem" in PoS that the address by which you fund your stake can be doxxed retroactively and there's a permanent on-chain record of what you did with your signature. As a hasher in some mining pool, it's off-chain (noted, I'm conflating some concepts here)

[nooq @nooq___]

Privacy at the base layer create other problems (arguably worse).

It's possible for a protocol to be censorship-resistant without having base layer privacy.
https://t.co/9xrHkZz6mb

[Seth For Privacy @sethforprivacy]

Welcome to "censorship-resistance" when you don't have default base layer privacy 🙃

If miners can see what a transaction is (especially if it's opting into privacy) expect this sooner rather than later.

And yes, this is a huge potential threat to #Bitcoin as well.

[nooq @nooq___]

Avalanche scales to tens thousands of validators, finalizes immediately and has some feature that mitigate centralization from liquid staking.
https://t.co/egtTyYJURy

[nooq @nooq___]

Another thing:

The built-in delegation mechanism enables the liquid staking solutions to use the existing validator set, and since staking is risk-free (no slashing), subjective curation is not/less needed.

Obviously, the liquid stakers still need to trust that solution.

[nooq @nooq___]

@TheBlock__ https://t.co/LUw6IXXXAj

[gmb intern @chuchuprotocol]

@HuobiGlobal Huobi continued to sell HUSD high-yield products until recently, despite knowing that the issuer was experiencing liquidity problems. Crypto's Moral Hazard.

https://t.co/Ftzu739bXF

[nooq @nooq___]

A couple of month ago I contacted @TheBlock__ and other crypto news sites to investigate Huobi for insolvency after they froze $USDP (Paxos USD) for bogus reasons, but of course there was no response.
https://t.co/s7eMxwhkEH

[HTX @HTX_Global]

We are aware of the current liquidity issues associated with the HUSD stablecoin, which is issued by Stable Universal Limited and built on the Ethereum network.

[nooq @nooq___]

@TheBlock__ $USDP eventually got unfrozen after a month. My guess is they were using user funds to buy more time. Now it looks like they decided to sacrifice $HUSD to save the exchange.

[nooq @nooq___]

people are literally shorting the bottom of the Bitcoin maixmalism
https://t.co/lE6nBWr85Q

[nooq @nooq___]

The merge will breathe a new life into Bitcoin maximalism.