k_vi
Joined 11 years ago
Karma
96
Submissions
66
Member since
Aug 13
Recent submissions
Comment · 1 year ago
Comment · 2 years ago
All software has bugs. This is same as claiming ETH will always get hacked because of the DAO hack.
As far as I can tell there is no fundamental design flaws in Solana that makes it so that it will always go down. There are bugs in the networking stack that are being fixed.
An no, "engineers" don't bring it up. I run a validator and only i'm incentivized to restart it back up because of my stake.
Comment · 2 years ago
what is the right demand when stripe should be supporting?
Currently there are 93M wallets holding stablecoins with a weekly transfer of 373B[0].
Comment · 2 years ago
This is no different from ETH, Lido staking has ~30% market share[0].
Stake centralizing != less security. no amount of stake can allow validators to steal your funds, this affects only censorship resistance. So actual validator count is more important than superminority.
In case of USDC I'm assuming Circle should be running their own validator, which is the source of truth.
As someone who has used most networks, Solana has the best experience for transacting USDC.
Comment · 2 years ago
same aws region as supabase instance using a single query.
Comment · 2 years ago
Tried Supabase but currently only use their Auth.
The server to database latency was very high(few hundred ms) whereas Planetscale DB in the same region gives sub 10ms.
Still great option for most projects that can do with these issues.
Comment · 3 years ago
I've been using turso.tech for my current side project project and happy with it so far. iirc, their sqlite is deployed using fly.io too.
Comment · 3 years ago
pretty cool to include xkcd for the loading screen :)
Comment · 3 years ago
I've tried doing this read & updates using Postgrest and row-level-security using Supabase. When it works its an amazing experience but even for semi complex stuff you would still need to use Postgres RPC, which is still another "API" layer. I find writing API using SQL a nigtmare.
Simple queries like this don't work on Postgrest: `update likes set likes = likes + 1;`
Comment · 3 years ago
User-agent: GPTBot
Disallow: /
Comment · 6 years ago
Steem has an interesting approach to solve this.
Steemit[1] is the reddit alternative built on Steem[2].
Comment · 6 years ago
Bitcoin value is in it's potential to become a savings technology(store of value, digital gold, hard money) on the internet.
Decentralisation is a spectrum, expensive and slow is intentional in it's design to provide the highest level of security and trustlesness. If you want fast and cheap transactions then blockchain is not the answer.
If Bitcoin goes mainstream, layer 0 will be used for large value transactions. Rest will be moved off chain to custodial wallets and on probably a much smaller scale lightning, liquid and ethereum. Compared to fiat, transparency and opting out of centralized systems are easier.
The real question is not whether Bitcoin is a good SoV but if Austrian economics and sound money are a better alternative to our present economic system[1].
Either way, I believe Bitcoin might become the safe-haven asset that people could fall back on in times of inflation[2].
I think the following arguments against Bitcoin are not useful.
- X blockchain is faster than bitcoin.
- PoW is wasteful.
- Bitcoin is used for drugs so cannot be money.
- Whales can manipulate the price.
[1] http://econfaculty.gmu.edu/bcaplan/whyaust.htm
[2] https://news.bitcoin.com/countries-suffering-from-rapid-infl...
Comment · 6 years ago
I don't understand. If I accept bitcoin payments, does this make me a wire transfer service?
If it makes the payment service provider a wire transfer service then Bitcoin and BTCPayServer already solves this.
- use coinjoin with something like wasabi wallet(https://wasabiwallet.io/)
- purchase BTC with cash