chrismmay

Bitcoin has no leader.

I'm looking forward to more Headlines focused on entrepreneurs' race, age, weight or other distinguishing physical characteristics. /s

That's not necessarily true. Some people mine with 100% solar power and their ongoing expenses are almost zero.

Indeed. In my experience the legal system is highly biased and corrupt.

If I have enough, I will run a validator. If not I will probably do some defi like lido + curve + yearn. I may also mine something else like flux or raven.

I have 30 GTX 1070 GPUs.

I agree with you of course, but those are not “ETH PoS” staking, strictly speaking. They are just layers on top. You definitely make more running your own validators.

Decentralization is about not needing anyone’s permission to participate and being free from censorship. You don’t need good credit or even ID to open an account and no one can seize your funds because of debts, fines, or taxes. Of course validators have their slashing rules, but those are programmatic. Not some judge in divorce court, for example.

I personally have been mining ETH for years with equipment I bought for $20k in 2017 - 2018. I’ve made many times my investment back. That same equipment is still running profitably today.

I am not intimately familiar with the staking terms on Coinbase, but from what I recall, you should be able to withdraw your ETH at any time and receive it in at most a few days. If it has a lockup period, those terms would be very clearly stated, and you would eventually get your original investment back plus rewards according to the terms.

Not a great analogy imho. The ETH consensus change from PoW to PoS changes the way that blocks are signed and validated. No more PoW. Instead, now validators decide. It’s more like unanimous voting. If you try to sign a fake block, you lose some or all of your deposit.

This has no impact on anything really at all. It’s just re branding, hopefully to clarify things. ETH does not change with ETH2. It’s just a series of upgrades to eliminate wasteful proof-of-work mining and improve scalability.

In the US, probably around 10,000. US Banks all operate by virtue of a banking license issued at the state or federal level. Banks must do as they are told by these centralized authorities or else they lose their license.

The minimum amount required to stake is 32 ETH. That’s $75k at today’s price. There are cheaper was to “stake” but those are not really “ETH PoS” staking. So no, it does not “cost less to stake”.

There are over 200,000 ETH PoS validators running already. I think that’s pretty decentralized.

There is no “ETH 1.0” token or “ETH 2.0” token. There is only ETH. They never “convert”.

Anyone can fork the code at any time and keep mining. Many have. ETC and ELLA are a couple examples. Ethereum Genysys is a recent project in response to the PoS move.

ETH 2.0 was always just a series of upgrades. “The merge” which will end PoW mining is expected to go live between March 30th and June sometime at the latest. Code is expected to be complete in February sometime. Testing is well underway already.

I don't think they test at all because... who cares? It's Facebook. You get what you pay for.

Wow. Now if they could just figure out why my news feed has said "Something Went Wrong" at the bottom for about the last year or so.

Ohhh, written in Prolog at the National Institute for Mental Health https://en.wikipedia.org/wiki/Mrs._Frisby_and_the_Rats_of_NI...

There is a decent GANTT plug-in for Jira called WBS Gantt. I am not affiliated with them, but I've used it successfully. https://marketplace.atlassian.com/apps/1211768/wbs-gantt-cha....

Was it the Flying Frenchman Frankie Zapata? https://www.youtube.com/watch?v=3UbOG0ERCwM

Alfred is just creepy. They offer it in my apartment building here in Manhattan. They'll do stuff like come and unload your dishwasher or fold your laundry.

So, to add insult to injury, they require that I provide them with my bank account number and my routing number just to get my refund that could have been simply credited back to the credit card I used to pay them originally or issued via a paper check.

Just what the world needs. More plastic. Because it's "cheaper", and sharing more sensitive information, because they are sooooo trustworthy.

For crying out loud, put down your phone and go play outside, after you read and up-vote my article, of course.

No, actually it's like discussing how space exploration will cause the downfall of civilization from inside a spaceship bound for the moon.

This headline does not come as a surprise to me, given my one interaction with Wirecard.

About a year ago, I had a bad experience with Verizon FIOS so I cancelled my subscription with them. I was owed a refund and Verizon delivered my refund to me on a Wirecard debit card. They claimed it was cheaper to issue a plastic card than to refund me directly to my card or issue a paper check. I find this claim extremely hard to believe. A pre-paid debit card is certainly NOT easier for the customer than a check. There are strong business cases for prepaid debit cards, but this was not one of them.

More likely, by issuing the refund via debit card, Wirecard and Verizon are able to extract every last possible penny by way of debit card fees and people who simply didn't bother to get their money off the debit card, by virtue of the friction they created for the customer with the debit card.

Pretty scummy if you ask me.

It's quite ironic that this article is being up-voted here on Hacker News when the author's thesis is that voting systems are toxic.

Perhaps you are looking for something like the Intel NUC devices? https://www.newegg.com/intel-bxnuc10i7fnh1/p/N82E16856102227...

Academically speaking, yes it is a word. On the other hand, it's not being used correctly in this context, which makes it ironical.

That is a category of non-native speaker that I hadn't considered until you mentioned it. A bot. Perhaps the author of this post, and the article I mentioned aren't human at all. They could be bots. Sorry for being robophobical. These are anxious times we are in.