- use coinjoin with something like wasabi wallet(https://wasabiwallet.io/)

- purchase BTC with cash

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.

Currently there are 93M wallets holding stablecoins with a weekly transfer of 373B[0].

[0] https://app.rwa.xyz/stablecoins

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.

[0] https://dune.com/hildobby/eth2-staking

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.

The website is built on OpenAI GPT3.5, Nextjs and SQLite.

Comments URL: https://news.ycombinator.com/item?id=37616832

Points: 1

# Comments: 1

Simple queries like this don't work on Postgrest: `update likes set likes = likes + 1;`

Steemit[1] is the reddit alternative built on Steem[2].

[1] https://steemit.com/ [2] https://steem.com/

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...

If it makes the payment service provider a wire transfer service then Bitcoin and BTCPayServer already solves this.

Needless to say, our users lost trust and we couldn't risk this happening again.

We still run the service(from request of a few existing users) but not actively promoting it.

[1] https://t.me/megadealsbot

It might be a cause for most people but not everything. For example, when I feel lonely it's not because of "meaningful social connections" just that I have nothing worth doing.

- Second worlds get much better (fortnite etc), will see advertisement model take off.

- Nations finally start taking climate seriously.

- Bitcoin sees more adoption as the best performing savings system. Ethereum and blockchain hype dies down and serves only a niche.

- major advancements in "biobags"(ectogenesis) for humans.

- China starts abusing CRISPR. the iatrogenics leads to some epidemic.

- we don't live on mars yet. satellite internet becomes common.

Comments URL: https://news.ycombinator.com/item?id=21828627

Points: 2

# Comments: 0