buckie

Does anyone know where the actual latest design for ETH 2.0 sharding is? Whitepaper/repo because w/o sharding you can't scale layer 1, and if you don't scale layer 1, you can't address layer 1 gas costs.

I've always been of the opinion that their sharding effort would fail, but I want to stay well informed. Sharding POS is very hard because the "trilemma" is correct for POS (kadena.io / explorer.chainweb.com being the example that the trilemma is solvable if you stick to POW).

Layer 2/zk-rollups will only help successful dapp devs lower their gas costs (see: DyDx). It doesn't relieve the pressure on layer 1 as other apps/patterns move in until a new equilibrium is reached.

I can't cite that example, I just have a friend whose parents are there tell me a story about how they were saying how pretty the snow flurries were and how he had to inform them about how ominous it was for there to be snow there. It's possible that they were referring to the frost that Sao Paolo got (which is still pretty crazy), and the videos of snow from further south.

One of my current concerns is that the demonization of climate scientists over the last 30 years has resulted in models that underestimate the timelines of how bad things get. Not an intentional conspiracy or anything, just a systemic natural response to the pressure of not wanting to be raked across the coals in the media as the "crazy".

As an example, the heat wave in the northwest of the USA and Canada this year was something I remember reading about as a problem to expect ~2050. Ditto for Siberia this year. Ditto for the snow in Sao Paolo.

I hope my concerns are misguided. I general though, short of a deus ex machina, I have no hope for the world doing anything about the climate emergency, even after it's obviously too late and even after the worlds seen a major city burned/wet bulbed/typhooned off the map.

I looked into it. It is next to impossible to get. It doesn't take a crazy amount of money to get it, but from what I've experienced it looks like it takes a ton of wealth + the right connections + Albany politics. And that was years ago, I assume it's worse now. Moreover, there's no SLA for responding to the applications... so there are likely 500-1000 applications sitting in a box some where in Albany.

Bitlicense isn't a disaster, but it's a huge problem if you're in the space that you really do need to be careful of crossing. Crypto has a meme factory but not a lobbying strategy, and even if it did it's up against two near immovable objects: old school finance lobbying and being an easy target/distraction in the press.

We should just be thankful that Bitlicense wasn't adopted elsewhere and give up on NYC as a hub for this stuff. Until crypto grows beyond finance AND legal combined (legal will lobby with finance if asked) in terms of who makes money in NYC -or- crypto allies itself with another major mover (maybe real estate), don't expect things to ever change for the better.

It's a shame really. NYC would be leading crypto if not for this law. But then again, NYC doesn't care because tech is probably the 5th or 6th largest revenue generator in the city and has few/no generation spanning connections to Albany.

> but pointing to a factory that pollutes because you buy their products and want their product cheaply is equally inane

Agreed, but I'm not pointing at the factories. Consumers _can't_ lobby congress or control the media narrative. Factories don't lobby congress nor spin a media narrative designed to distract attention from those profiting off dumping the externalities of the business models onto the world.

I'm pointing at the corporations (the sum actions of their boards & C-suites taken as a single entity) that own the factories and reap the rewards. I'm pointing at the people that have effectively "won" capitalism and then took it way too far by changing the law and controlling the narrative to make sure they stay in power no matter the costs.

I hope there's some resolution that doesn't require a revolution, though I suspect we'll just do _nothing_... then it'll be a mega-clusterfuck the likes of which we can barely imagine... and maybe after the first 10M-100M deaths due to famine/heat/fires/storms we may figure out that we need to do something... and it'll be too late and/or that something will be another major war.

But before that western society gets to decide how to handle storms/crop failures/droughts driving the largest human mass-migration EVER (Central America => USA, Africa/Middle East => Europe) during a period when resources are constraining.

The problem with Proof of Work is that it is too inefficient and not that it consumes too much energy. If bitcoin could do 100k transactions per second globally, no one would be talking about Proof of Stake. We'd be talking about: how do we make mining green?

She is. I had the pleasure of working with her on in the distributed ledger tech working group (back when it was still the cryptocurrency working group) when she founded it in 2013. At the time, I was the lead eng for one of the SEC's quant groups and they needed a coder who understood the tech and didn't own any coin (exams/enf actions in crypto are tech-heavy). I raised my hand to be the founding tech lead specifically so I could be in the room to represent the "omg don't ban it, we don't know where this is going" position. Turned out that voice not needed at all.

The SEC has a well informed and nuanced view of crypto that underpins their restraint on the matter which, in no small part, is due to Ms. Szczepanik. If you're looking for an example of what happens when you don't have someone like her then look no further than NY. NY just jumped in and messed everything up with the Bitlicense.

It's a fair read, the private blockchain market is underserved/misserved by the "widely" used platforms (IBM Fabric/R3 Corda). The thing that most everyone misses (including IBM and R3) is that the point of a private blockchain isn't the blockchain... it's smart contracts.

REST APIs + a DB can replace most "private blockchains as a time-stamper" usecases but here's the thing they can't do: replicate and trustlessly execute user logic. It's almost like you said _we're fixing SQL injection by making it irrelevant and making SQL into a full language_.

The blockchain itself just provides the trustless/high assurance substrate to then have trustless logic execution.