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Centauri.eth

@centauri.eth

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102 Followers


Centauri.eth pfp
Centauri.eth
@centauri.eth
We can defiantly do both, although its important to acknowledge that the L1 will probably never see transaction fees low enough that $10-$100 trades/payment makes sense fee wise. It is possible to get to ish 100 TPS on L1 with relatively small tradeoffs once MaxEB and Stateless clients are live. But that still means that fees will price a lot of users out. Scaling up the L2s just fundamentally gives you more bang for your buck.
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Centauri.eth pfp
Centauri.eth
@centauri.eth
It has, but since arbitrum still has a 9/12 multisig (globally and organizationally distributed) that can force a code upgrade with no delay, it is not impossible that an upgrade to censor certain transactions in case the signers feel threatened of repercussions. This concern goes away when Arbitrum is stage 2 though
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Centauri.eth
@centauri.eth
Actually offended, Not denying that Sweden has serious problems but you are going to feel 10x safer in Stockholm than Brussels
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Centauri.eth pfp
Centauri.eth
@centauri.eth
Tailscale is a VPN, you can configure your devices to use any node on its network as an exit node. By routing the exitnodes traffic through another VPN such as Mullvad you can both have a VPN to your home network and route your normal internet traffic through Mullvad for better privacy if your ISP suck on that front
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Centauri.eth pfp
Centauri.eth
@centauri.eth
I really liked the way eip 7503 would achieve this (eip7503.org) But I would preferably have something like this tested live on L2 for years before we implement it or something similar at L1. The catastrophic scenario is an inflation bug that goes unnoticed for a very long time if an attacker manage to prove invalid statements and can therefore double spend their previously burned ETH
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Centauri.eth
@centauri.eth
This
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Centauri.eth
@centauri.eth
gm
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Lefteris Karapetsas pfp
Lefteris Karapetsas
@lefteris.eth
Can we abolish the EU's legislative body? Every year we seem to be fighting a new insanity. Today they are "deciding for us" about chat control. A mass surveillance proposal that will force install a backdoor to automatically scan your messages and share them with authorities: https://www.patrick-breyer.de/en/posts/chat-control/
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Centauri.eth pfp
Centauri.eth
@centauri.eth
A 51% attack in PoS is not fatal in most cases, but still catastrophic because manual intervention is very messy and significantly harms the credible neutrality of the platform
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Centauri.eth pfp
Centauri.eth
@centauri.eth
The economic security need to scale with the size of the economy built on top. We should probably aim to have atleast 10% of the economy's value it economic security. So say Ethereum and its L2s have a "GDP" of $10T in 5 years we should probably aim for $1T in economic security.
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Centauri.eth pfp
Centauri.eth
@centauri.eth
Blockchains should be built to be nation state resistant. Most PoS chains today are secure against economically rational attackers but we also have to account for actors that are able to spend Trillion's of $ to achieve their goals even if they are irrational from an economic point of view
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Centauri.eth
@centauri.eth
Cries is Swedish
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nixo
@nixo
I know that everybody likes passive income But if we start to feel entitled to staking rewards and say things like "ETH is meant to be staked", we've changed the purpose of staking from 'securing the chain' to 'providing passive income' to stakers imo, this lowers the value of the entire Ethereum ecosystem
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Centauri.eth
@centauri.eth
Stage 2 2024 🫡
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Centauri.eth
@centauri.eth
% probably
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Centauri.eth
@centauri.eth
This cost can depend quite wildly depending on what the blob-gas price equalize on. What blob-gas was assumed when doing this estimates?
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Centauri.eth
@centauri.eth
is someone working on creating a trust minimized BTC bridge to ETH L1? Surely that should be possible now Historically, the hardest problem to solve has been to make BTC aware that a user is trying to bridge back but with BitVM that would be possible in a few different ways
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Ryan Sean Adams (rsa.eth)
@rsa.eth
Imagine if in order to use the internet you had to pretend to be from another country. That's China. That's also America when it comes to crypto. DeFi, Airdrops, normal crypto activity is literally unusable without a VPN. What happened. How are we tolerating this?
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Centauri.eth
@centauri.eth
🇸🇪 Kråka
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Centauri.eth
@centauri.eth
attestation in a few seconds otherwise their effectiveness would suck
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