Strupf

Gamedev, tech, blockchain. More into low level nitty-gritty programming.

#Raylib
#Ergo

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[$COMET Token @CometMooning]

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[$COMET Token @CometMooning]

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[Edgy - The DeFi Edge 🗡️ @thedefiedge]

The past few days:

• Ex-PM of Japan assassinated
• Sri Lanka's economy collapses
• Bank runs are happening in China
• USD = Euro for the 1st time in 20 years

"I have a bad feeling about this"

[Strupf @ThStrupf]

Feels like losing battles on all sides: Inflation, recession, war, bear market, rate hikes, and the Euro bleeds against USD, too. Income and net worth are shrinking faster every month.

Kinda stressed out. There surely are better times ahead at some point but until then...

[Armeanio @Armeanio]

@ErgoDex Actual Defi

Core requirements:
Open source code
Clear assumptions
Transparent collateral
Known exits in the event of failure

Future: Some clear separation/distinction between economically productive products (use driven returns) and gambling and or speculation (Defi printers)

[Armeanio @Armeanio]

@ErgoDex Open source in Defi needs to include offchain code in extended utxo.

If the offchain code isn't transparent it doesn't meet the core requirements above imo. It needs to be end to end.

The goal in decentralization is to run things locally and distribute through redundancy.

[Strupf @ThStrupf]

@Cardanians_io POW is cryptography in the purest form applied to blockchains - that's literally math and science. POW is simple and has well known security assumptions and attack vectors.

POW proponents ≠ POS opponents

I also like POS.

Don't equate POW with religious Bitcoin evangelists.

[Strupf @ThStrupf]

@HarleyQCrypto - Future governance could backfire hard
- Ever changing system (HF comb.) = questionable long term stability
- There's an organization behind it that gets paid by users
- Centralised network changes
- No privacy
- POS rewards remove incentives to provide liquidity etc.

[Ergo @ergo_platform]

🎉 As we continue to celebrate #Ergo's 3rd ErgoVersary, we have prepared a landing page that takes a look back at how it all started and how far we've all come together.

Please enjoy this special ErgoVersary site and explore what makes Ergo so great!

👉 https://t.co/4HchjhZsdD

[Strupf @ThStrupf]

Do you have multiple accounts for different topics? Feels a bit weird mixing both on one account, and if you retweet something from a different topic you'll trash the feed of like half of the followers.

[Strupf @ThStrupf]

@ErgoMinnow @ERGnomes @ergoplatformorg Anyone can take part in shaping Ergo. @CuriaCrypto said in one of his talks that he would love to see passionate community members taking on the role of the Ergo Foundation at some point - "EF = only Ergo kickstarter".

That would be grassroots in the literal sense to me.

[Strupf @ThStrupf]

@leeolads Ergo doesn't have that unlimited treasury refill to host big events and pay developers ala Catalyst regularly... The grassroots approach can only do so much unless it really "catches fire". Grassroots is #Ergo's biggest strength but also its biggest weakness in that regard.

[Strupf @ThStrupf]

"We already have a stable coin on Ergo."

"Yeah, but what about a second one?"

Although SigUSD never lost its peg #Ergo devs are always looking for improvement. First draft for the Dexy stable coin is up. Take a look.

[татарин из уфы @from_ufa]

Dexy - A Stablecoin With Algorithmic Central Bank (by @chepurnoy)

https://t.co/45WsFJqqdV

[Strupf @ThStrupf]

@sigmaverse_ergo "Because the tools we are building may not benefit you today, make no mistake, they may be the lifeboat of tomorrow. That is the intent and purpose of my life's work in cryptocurrency."
- @chepurnoy

The #Ergo manifesto is a must read, doesn't matter if you're into Ergo or not.

[Strupf @ThStrupf]

@ErgoPadOfficial I heard about Ergo on Reddit before the Cardano summit.

My favourite thing is the truly honest approach to building open decentralised tools while keeping the process and development as transparent as possible. There's no other way to build trustless and permissionless systems.

[Strupf @ThStrupf]

@ERGnomes @ergoplatformorg @NightOwlCasino - great unique use case
@anetaBTC - trustless BTC bridging
@ErgoDex - Cardano bridge

On a core level I'm looking forward to oracle pools v2 (hopefully with more pools than ERG/USD and ETH/USD), implementations using NiPoPows, and Rosen bridge.

That were a lot...

[Strupf @ThStrupf]

@RozaLuxemburgg Why? Ergo addresses the general lack of trust in crypto assets (scams, exploits, bugs)

How? Open source, carefully reviewed code, transparent fair launch & development.

What? Ergo becomes a trustable mass adopted chain with no central authority / backdoors for malicious actors.

[Strupf @ThStrupf]

@satoshiscountry - Autolykos v2 removed pool resistance because it could have been circumvented by using smart contracts anyways and small miners couldn't mine in a profitable way
- Emmission curve was updated by the most recent soft fork EIP 27

https://t.co/vjjYFqcMsf

https://t.co/AZsuMMADRz