let people filter for themselves. someone is offended by pornography so chooses an algo that accounts for that, another is offended by anti-trans sentiment and another algo accounts for that. everyone should be more broadly free to speak but we are not all forced to listen.
I don't think these anti free speech "examples" have the effect that people who cite them expect. Yet they are used a lot which points to a striking disconnect in communication.
But it does surprise that so many technologists are falling into this trap (disregarding the innovation because of the plethora of junk it enables). The value of permission-less platforms and protocols should no be assessed absent of curation. Google, email spam filtering, wikipedia, the web abounds with examples and without curation we would be in a sea of shit.
Many of these may have been dropped as a response to Brantly Milligan being fired/canceled/banned from Twitter. At least that's why mine is up there. Could do some analysis on dates to confirm/disprove.
they don't necessarily require ongoing maintenance, it depends how they are coded. some might even say the "correct" way is a non-upgradeable back-end (on-chain solidity contracts) and hash-addressed, ipfs hosted front-end. anyone can then pin the front-end themselves to ensure access or just run the code locally. dapps should rely on centralised, server based components as that mostly defeats the purpose.
uniswap is a good example. when they release an upgrade users must explicitly adopt the new version. in fact uniswap v1 and v2 still see usage despite the release of uniswap v3.
just curious where you get the 30% figure. usdc borrowing on aave is 2.83% right now, which is practically reduced a further 0.97% by the AAVE incentives. most other stablecoins are in the same region.
Andre is an innovator, both of protocols and token distribution methods. He invented the notion of a "fair launch" with YFI. Nobody was ever forced to interact with the contracts he published, they chose to. But of course he became a big figure and then got untold amounts of shit dumped on him.
Anyway, here's hoping he continues as an anon. That's really the only way. People are ridiculous.
Not just currency but pretty much all financial services. I have blockchain based assets and have used an Ethereum based service to borrow against them to help buy a house. Tokens are an almost unimaginably large and general concept and will be applied to many things (real work assets, stocks, loyalty programs, etc.) and provide much more flexibility for how they are used, distributed and exchanged.
DAOs are organizational structures that are built, generally, off of token based membership. This is also a huge landscape for social coordination.
A lot of this is just new, though. So explaining like this can only go so far and ultimately it must be experienced, like the original web in the 90s.
Agreed, this article highlights the important property (decentralized state) that programmable blockchain (web3/ethereum) provide and why that's needed to change the current power dynamics governing web activity.
Nothing really has surprised me more than how difficult it had been for a lot of you to understand what the value is here.
It is a database with a new property: data and rules for manipulating data can be fixed. Yes inefficient in iops but who cares - it allows a whole new class of activity.
Current Ethereum is a non-scaling proof of concept. They kicked that can down the road, but the blueprint solution is now in and many of the components are built.
The short of it is that with the modular approach to Blockchain scaling, more nodes will mean more scale. Separating out execution, settlement, and data availability, the blockchain "trillema" is inverted.
The writing is a bit technical but I recommend that of @polynya to understand more.
This eip goes against everything you are claiming. It is pro-user and pro-scaling. The current eth mainnet was always essentially a proof of concept. Everyone knows the goal has been to find a scaling solution. L2s and rollups are that solution. Sustainable scaling was never guaranteed and yet now, due to some incredible brains, we have the technical roadmap worked out and coming to fruition. This eip lowers costs for L2/roll-up users it is completely pro-user and not to just make existing eth holders richer.
Basically yes. If people on hn got their heads out of the sand they'd learn being in the space was pretty profitable because of all the incentives offered to users.
> it seems likely that many of the people who run large scale mining farms will just move to a different chain that they can still dedicate their GPUs to
Not likely. Other chains do not have the economic incentives to support these ex-Ethereum miners. Mostly it will just cease.