magicjosh

I'm curious about this as well. Here's my simple mental model.

DNS lives on the core DNS servers and is replicated elsewhere. DNS being "down" would mean that the core DNS servers were taken down.

ENS [1] lives on the Ethereum blockchain. ENS being "down" would mean that Ethereum itself was down. ENS names (.eth) resolve to address hashes on the Ethereum blockchain.

So to answer your question, they are parallel systems, so one going down doesn't affect the other.

However, the thing I'm wondering is if DNS goes down, does it take ENS with it? I'm not sure how the whole ".eth" part works, is that on DNS.

[1] https://docs.ens.domains/

Here's a relevant article from a similar position by Molly White: https://news.ycombinator.com/item?id=29943733

I hear all your data points. If cryptocurrency fails to take off 10 years from now, we can look back and say "oh we should have known back in 2021". But what do these data points mean if cryptocurrencies take off and change the world over the next decade?

In terms of "tps", transactions per second, Proof of Work Ethereum can handle 30 transactions per second.

Part of the development for "Proof of Stake" Ethereum includes scaling the number of transactions via sharding. Each shard will be able to handle 2,400 tps. As more shards are deployed up to 64, Ethereum will reach 160,000 tps. Please note, the upcoming improvement to Proof of Stake Ethereum does not yet use sharding, but it is under development.

As comparison 1,700 tps for the Visa network is a good benchmark. I recall Visa's technical capability is 10x or 100x that number though. This comparison isn't intended to claim "ETH beats Visa for currency stuff", but simply to give a sense of the potential impact of Ethereum as it improves. Thousands of transactions per second implies a powerful network, whatever it's used for.

When did the web "release"? Seems like you're placing it around...1990? Why not Arpanet (1971)?

Re: cheap shots at web3 and crypto regularly rising on HN?

I started a thread here to collect well-aimed shots at web3 and crypto: https://news.ycombinator.com/item?id=30132617

Well said. Is there some area of the internet / web / tech that's full of curiosity and exploration today? My answer 10 years ago was MAKE magazine, but that era is over now. Maybe people are just smug about everything these days.

I mean imagine this same person writing an article about Raspberry Pi: "you could buy a faster PC for only a few bucks more. These little computers are a waste of time." This kind of dismissal is perplexing. In pursuit of crushing web3 do we stifle curiosity itself?

> So I still need a DNS name

False. You can use Ethereum Name Service. ENS is an on-chain version of DNS that is not controlled by a centralized gatekeeper.

>I still need a server, I still need storage

False. You can use IPFS and Filecoin to store and serve files not controlled by a centralized gatekeeper.

That all said, this article is embarrassing. If you want a some critical ideas of web3, read Moxie's piece: https://moxie.org/2022/01/07/web3-first-impressions.html

I would love to see a more detailed analysis of "if Infura gets a court order to NXDOMAIN thepiratebay.eth that's pretty much good night".

Also want to read an analysis of how to take down ENS DAO with a flash loan of $ENS. Would need to be a higher level of detail than the parent article

I welcome this flip! The former is exhausting. At least the latter offers some thought of how to improve things.

> What is there you want me to link to, specifically? I mean, I suppose I could give a source for "they could crank up the fee for renewing only your name to $1,000,000,000, and then allocate it to whomever they please once it expires" if you insist. But this is not contentious, surely? Is there any specific contract or code you think the article would be improved by linking to?

I can imagine raising the price of renewal on a domain. But how would "they" control allocating the domain when it expires?

What to like about the piece:

1. Author likes some cryptocurrencies and so takes on this single project with that lens rather than dismissive of all crypto

2. Links to some sources

3. Disclosure about financial interests at the top

4. These are valid concerns around censorship. I believe the ENS creators have thought about these but still when someone starts registering offensive names that will be the true test, or using ENS to point to scihub or something.

What to improve:

1. Seems like a long winded way to say "ENS isn't decentralized like Uniswap but it would be better if it was"

2. Title is overly clickbaity. Doesn't deliver. ENS team works hard from what I can tell. There's room for criticism but "clowns" is out of place.

3. Some of the exploits seems like they could be explained better. "3 ways to take down ENS are:". It's basically a penetration testing style analysis. But since you don't go to that level of depth it just comes across a bit sloppy.

Overall, better than 95% of the cryptocurrency content out there, unfortunately.

To this, I say "hell yes"! I don't agree with the "entire scope of crypto is scams" concept but I respect you and am curious to learn more.

HN is full of anti-crypto complainers. Such comments are snarky and repetitive. And most damning they're boring.

This at least is a call to arms. Go get it!

Disclosure: own crypto

Thx for the reply keep up the good work

What was the dying tribe in your example? Like how would you define it.

This prompts an interesting question! Even though I'm a crypto fan I have a hard time thinking that this will cause some giant rift in tech. But it seems like it may already have!

If theoretically many anti-crypto people do turn out to be the dying tribe, what does that mean? What does that future world look like? What does the living tribe end up looking like?

I recently realized what a big opportunity this is. Thousands of different cryptocurrencies. Staking, lending, and who knows what. Layers of wallets. And every person needs to do those taxes.

This company could be bigger than the entire tax prep industry combined. They could be the white label IRS for Switzerland or any country that ends up taking crypto taxes seriously.

Unfortunately they also are heavily disincentivized to lobby for bitcoin being a currency/not taxed, as they have a lot to lose there.

Curious about the funding competitors part. What enables YC to do this, why aren't other VCs able to fund competitors? Has this ever resulted in conflicts or lawsuits between companies? Lots of questions appreciate any insights.

Inspired watching this. Loved the line of code that allowed them to extract the memory. Thanks for sharing.

If you liked Joe, check out his open source hardware projects on Crowd Supply: https://www.crowdsupply.com/grand-idea-studio

Looks like he has a vacuum tube night light launching soon.

Appreciate your thoughtful reply here. I can tell you're excited about emergent consensus. So am I! Is there a DAO or L2 project you're particularly excited for here?

What are you comparing $75k to? My understanding is meaningful mining under PoW requires buying expensive mining hardware that goes out of date quickly. Under PoS there is no such depreciation...a laptop from 2020 will likely be able to run PoS in 2040.

> It's not a renaming

The title of the post is literally "The great renaming: what happened to Eth2?"

I get what's happening, my question was about the success of the renaming process.

Are there any other analog examples where a protocol has attempted this kind of re-naming? Did it work? Or fail? The Ethereum community is so wide ranging, from devs all the way up to people who bought NFTs.

For those of you looking for more content by the author, her blog is solid, but this Tweet thread is a masterpiece: https://twitter.com/molly0xFFF/status/1478513207203536900

I appreciated the perspective of the article. The author is coming from more of a front-end perspective. Bitcoin is a beautiful castle, but you have to climb up through the toilet. What do you think about this statement instead - "blockchain devs suffer from a lack of adversarial thinking regarding the frontend interface".

Ah, got a source? Curious to hear more about this. Sounds kinda meh.

This concern about harassing messages is particularly relevant as data aggregator Etherscan just announced their new messaging feature "Blockscan Chat". I'm unclear on how it works but it's the first time I've seen such accessible tools for blockchain users to message eachother: https://chat.blockscan.com/start

That said, even in this beta there's an easy to reach option to "Block user". Nice work Etherscan!

Congratulations! From having purchased a Pinephone myself and read the forums, you are probably one of a dozen people in the world able to do this. Pinephone is not yet intended or ready as a daily driver for regular users.

I bought a Pinephone a few months ago. It is not ready for a daily driver. It's a dev project still. An important, crucial project, but still in dev. Others have said this as well so will end my comment here.

Talk to a therapist! Or better, talk to a few, and find one you feel comfortable talking with more. Not sure how to get you a list of people to consider but someone else here can help with that.