Danny pfp

Danny

@mad-scientist

11 Following
58 Followers


Danny pfp
Danny
@mad-scientist
Hey @polymarket How about adding an option for USDM or a similar yield-bearing stable?
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Danny
@mad-scientist
Sub 2 Gwei base fee. I did not see it coming.
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Danny
@mad-scientist
How will that help reduce state size? If anything, it opens it to an attack to increase chain state. Anyone can make cheap proofs for transactions that maximize the new state size for each smart contract. (Sorry, I know I'm asking the wrong person, but it's not like I'm going to get an answer there).
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Danny
@mad-scientist
Solana and other L1s could swing at Ethereum because they had something Ethereum will never have - a marketing department. Now with L2s, they need to go against the likes of coinbase, arbitrum, optimism, polygon, and anyone else who wants to become a rollup. A different game.
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Danny
@mad-scientist
Having no priority fee in 4844 transactions is a weird design choice. It eliminates the ability of blob producers to incentivize inclusion, as well as compete for inclusion in full blocks. What am I missing here?
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Danny
@mad-scientist
7, 5 takes an honourable second place.
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Danny
@mad-scientist
Agree. If you want complete sovereignty, why do you need a full blockchain? A rollup gives up sovereignty to become trustless. Can't have both.
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Danny pfp
Danny
@mad-scientist
Is it possible that blob transactions don't have a tip? That would be an obvious solution to selfish block producers. Also, changes to blob amount has been tested already (the current version is a low-safe), and PeerDAS would reduce load of validators, but won't *automatically* change the blob number.
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Danny
@mad-scientist
What if we link the growth in blob count target with gas price? i.e. blob target only goes up when ETH is ultrasound for >x months (and maybe can even go down?).
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Danny pfp
Danny
@mad-scientist
Solana tries engineering around fundamental trade-offs. It works for the short term, not so sure about the long one.
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Danny
@mad-scientist
Long warm bath, going to bed directly keeping the place warm, sleep and rest. But you know what they say, the right pill from the doctor can make that 7 day problem go away in one week.
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Danny pfp
Danny
@mad-scientist
Energy prices have trended down over time. This is unlikely to change. Specifically, solar, wind and gas are so cheap that they displaced oil to be used almost elusively in transportation. However, electric cars are displacing oil-consuming cars, and at record pace.
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Danny pfp
Danny
@mad-scientist
Fees haven't gone to zero, despite the cost of running a staking service being near zero. Most ETH isn't even staked, and some hold it in ETHE and will hold it in non-staking ETFs. I'd say at least 80% of capital is insensitive to 0.5-1.5% change in yield. P.S. This doesn't mean builders aren't super-competitive.
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Danny
@mad-scientist
In the Justin-Anatoly debate, while I mostly agreed with Justin, one important point Anatoly made is the overemphasis and fear in the Ethereum ecosystem of centralization because someone has a minor edge in the staking ecosystem. In reality, whales threw away 10% just to not run their own nodes (1/2)
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Danny
@mad-scientist
Great debate. My two cents is that I want to be on a blockchain where I can be a full participant, and not rely on nodes at datacenters. But whichever way this goes, the biggest winner is the world, getting more decentralized money options.
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Danny
@mad-scientist
By optimizing for the first, you are also optimizing for the last, but at a longer (multi-generational) timescale.
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Danny
@mad-scientist
Hey @sassal.eth, you can come back from your secret mission now.
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Danny
@mad-scientist
dam, now it's persistent through refresh...
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Danny
@mad-scientist
2 Gwei. That's a number I was not expecting to see again.
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Danny
@mad-scientist
There's a bug in polymarket that sometimes makes any market appear to have 50% (disappears on refresh). I don't know if I like this bug or not.
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