1,010 karma · joined February 16, 2014
President & Managing Member of Plyint, LLC (https://plyint.com)
While Tether may be technically insolvent there looks like there would need to be another $40 Billion in redemptions to really test the peg based on the latest attestation. (They had $82B MC & now have a $72B MC. Cash Equiv. - Comm. Paper & COD = $50B back in March).
My guess is they may have weathered the storm for now. Probably need a few more weeks to fully confirm, but high price today was .9995. If redemptions fully stop or MC goes back up slightly then peg probably returns.
“The essence of intelligence is the ability to predict.” -Yann LeCun
Edit: Okay from the summary it says...
"Russia accounts for about 10% of the global nickel supply, mainly for use in stainless steel and electric vehicle batteries. Nickel was already rallying before Russia’s invasion of Ukraine as robust demand from the stainless steel and battery industry drained inventories, which now stand at 76,830 tonnes in LME-registered warehouses, their lowest since 2019."
Still surprises me that the increase is so much higher than other metals.
https://github.com/keybase/client/issues/24105
Hopefully if enough people make their voices heard Zoom will either opensource it or maybe revive development of it.
There is probably a profitable business to be built to implement an opensource version of the Keybase server that is backwards compatible with the client and then start charging enterprises a reasonable price for data storage and communications to host it in the cloud. Zoom is sitting on a potential gold mine and they are just letting it languish.
In a similar vein, but more focused around finding similar sounding names or creating a mashup of two words is Mashword (https://mashword.com). We're working on improving performance and reducing noise in the result set, but if you are patient, then even in its current incarnation, it produces some novel results.
That's not a true statement as far as I understand how Zcash works. Right now there are >742K ZEC in the shielded Sapling pool, so there are quite a few people using it and you can not tell their shielded transactions apart.
https://electriccoin.co/zcash-metrics/
> Another issue with Zcash is that it had a trusted setup, which is not an issue Monero has.
Yes, but they took a number of steps to make sure that the ceremony for creating the trusted setup discarded the keys used and there was no one listening in. (they were geographically distributed and destroyed the hardware)
To be fair you'd also have to measure and compare Chia's growth phase to Bitcoin's (or other PoW chains) growth phase as well. This would mean taking into account the manufacturing of the equipment, distribution and deployment costs of ASIC miners, electrical power generation costs, etc. Also, Chia runs on general computing hardware whereas ASICs have to be specifically designed and manufactured and ASICs use a whole lot more electricity than servers with hard drives running Chia. I think a single Ant miner uses something like 32 kWh a day IIRC. Chia has done a lot of power consumption analysis already and you can dive deep on that information yourself over at https://chiapower.org/ if you're curious. There's a dramatic difference between Bitcoin's PoW network and Chia's PoST network.