sunsu

Joined 16 years ago

Karma
1,444
Submissions
295
Member since
Aug 27
My name is Lyle Pratt. I'm building vida.io so everyone's time is valued.

Twitter: @lylepratt LinkedIn: linkedin.com/in/lylepratt Facebook: facebook.com/lylepratt Email: [email protected]

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Recent submissions

Comment · 5 years ago
Wrong. NODEs (individual network participants) enforce the rules, not miners.
Comment · 6 years ago
All In: "Haha OS-driven regex engine go brrrrr"
Comment · 6 years ago
Comment · 6 years ago
Relevant: WTFHappenedIn1971.com
Comment · 6 years ago
Answer: Our governments printed a shit-ton of money.
Comment · 6 years ago
Comment · 7 years ago
No. There is no way for Bitcoin mining to "break SHA-256 and render it insecure". There isn't enough energy in the whole SUN to do that.
Comment · 7 years ago
"Slow Database"-Flavored WASI

Any time you see the word "blockchain" replace it with "Slow Database" in your head and see if it still makes sense.

Comment · 7 years ago
Incerto series by Taleb
Comment · 8 years ago
Asset inflation.
Comment · 8 years ago
It makes perfect sense. If many people are trying to BUY USDT (increasing demand for USDT) the price of USDT will increase. Tether tries to prevent this by printing more USDT (increasing supply). They are not "magicking" Dollars, they are magicking a commodity (USDT) pegged to Dollar.

I'm not saying that I'm a big Tether fan or anything. However to say that it "doesn't make sense" when they print more Tether during market crashes is false.

Comment · 8 years ago
This is inaccurate. Tether demand INCREASES when the cryptomarkets crash because traders want to escape to non-volatile assets. If everyone converts their crypto to USDT at the same time (which is what happens during big crashes) they MUST print more Tether or the price will increase.
Comment · 8 years ago
What does "capacity" mean in this context?
Comment · 8 years ago
Lightning Network is not "developed by Blockstream". There are 3 primary teams that have contributed to the specification: ACINQ, Blockstream, and Lightning Labs. All of the projects are open source and have outside contributors.

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