dsimmons
Joined 15 years ago
Joined 15 years ago
"You just... easy!"
That said, I'm still holding out hope that it'll be hosted on top of something other than the JVM -- frankly, the JVM keeps me from using it more than I otherwise would.
Although they're putting a "positive" spin on it, surely this can't be good (for at least one party)?
Regardless of how you feel about "web3", I think most people (especially in technology) should see this as a problem and aspire to a brighter future where governments/corporations aren't making decisions about what people can and can't see on the web, especially when they're inherently biased.
While I don't disagree that there's a "vocabulary" problem (e.g. "dank-sharding"), in a perfect world, a normie would largely just interact with an application without needing to know any of this.
For context, I live in the city and don't have a reliable way (or space) to grow them myself, or else I would.
I'll be honest, these kinds of skeuomorphic alt-meats never make sense to me. That said, I'm someone who eats healthy by default and doesn't consume a lot of meat, so I understand that I'm not the target audience.
But if you think someone living in rural America and eating bacon regularly is going to convert to this stuff, you're kidding yourself.
Thus, between EIP-1559 (burns base fees) and The Merge's move to Proof of Stake (a dramatically reduced block reward), there's very little net-new ETH being introduced into the system.
Check out: https://ultrasound.money
If I recall correctly, the current number (32) was picked somewhat arbitrarily because, at least at the time, it was "enough" without being "too much" (in terms of incentives, skin in the game, and penalties for bad behavior).
I'd have to use a Googly device to find the price of Ether at the time when this decision was made, but I'm pretty sure it was a lot less than it was now. And once it'd been put into effect, it's difficult (e.g. unfair) to change it.
Longer-term, it likely won't remain so high, especially as the price of ETH appreciates. I believe I recall seeing discussions of changing this number in the future, but it's not the nearest-term priority.
For now, there are decent options around staking pools. Lido is the elephant in the room, but more and more people have been moving to Rocket Pool because it better promotes decentralization.
Longer term, there may be uses for GPUs when it comes to zero-knowledge proofs (think: expensive to produce, easy to verify), but we still have a ways to go in that department.