contravert
Joined 16 years ago
Joined 16 years ago
Like in 2008, bankers made a killing selling toxic products and socialized all the losses when everything came crashing down.
Midjourney definitely generates really high quality art based on simple prompts, but the inability to really customize the output basically kills its utility.
We heavily use Stable Diffusion with specific models and ControlNet to get customizable and consistent results. Our artists also need to extensively tweak and post-process the output, and re-run it again in Stable Diffusion.
This entire workflow is definitely beyond a Discord-based interface to say the least.
A few common ways:
1. Use your admin privilege to withdraw or upgrade the smart contract to drain the funds
2. Withdraw all liquidity for your token and disappear
3. Sell the entire token supply all at once, which is functionally equivalent to (2)
4. Pretend to get "hacked" and lose your private key
5. Program a backdoor into the smart contract (the least common way). Some of these are economic in nature (e.g. frontrunning), which can't necessarily be found in an audit
The actual flaw is in Cream's oracle design for certain exotic long-tail assets. Basically, smart contracts need to get the price of an asset, and Cream was using the most naive way of simply calling the equivalent of asset.getPrice().
The reason this approach is critically unsafe is highlighted by this incident. A flashloan can alter price, borrow assets based on the new price, then return the price to normal before the transaction is finished.
This is not merely a coding bug but a basic design flaw that should have been caught by anyone with even a basic understanding of oracle design. It really reflects poorly on the competence of the entire DeFi space, considering CREAM is a pretty major protocol.
The problem isn’t really with SWEs but with the entire incentive structure of PMs and the product management chain.
They in turn are able to get more SWE headcount for these unfruitful ventures and end up failing upwards.
There's even documents describing this blame China strategy as a way to deflect Trump's failures: https://www.washingtonpost.com/politics/2020/04/25/senate-go...
Despite not having any concrete evidence, you don't trust China's numbers and that they have coronavirus contained. Have you considered that you might be thinking this way because of a coordinated propaganda campaign?
Objectively looking at the situation on the ground in China right now, life is going back to normal and there hasn't been massive outbreaks of covid19 and rushes to the hospital. You can't hide exponential growth if the virus was not contained.
In general, I think we're still in the denial/anger phase, with a trend towards the latter. You can literally feel the seething anger just reading some of the comments here.
So the only reason that you feel "lucky" to speak Mandarin is so you can make "easy" money? Your purposefully don't associate with Asian people?
Don't "worry" about some stereotype or your "Asian-ness", but develop some god-damn pride in who you are.