1,510 karma · joined January 29, 2017
What OP is referring to is that you don't need to trust people if the dex is on-chain and verifiable. FTX was a non-transparent and insolvent centralized exchange which wouldn't be possible if it was on-chain because anyone can see the funds that are available and the protocol would not allow leverage backed by non-existing collateral.
> Is there an undo button to reverse the transaction?
No there isn't. This is a double edge sword.
> All financial systems involve humans
To a degree, but centralized exchanges have more knobs controlled by humans while an on-chain dex and just be deployed once and require no human intervention. A dex can be audited fully on-chain and anyone can see if the contract has any master holder keys. The FTX fiasco is because they own all your crypto because they have the master keys. The future of finance is people being in charge of their own money and where no unexpected entity can arbitrarily inflate the supply, which is only possible with crypto.
https://ethereum.org/en/energy-consumption/#proof-of-stake-e...
Blockchains solve the double-spend problem. Allows for scarcity in the digital realm. Ethereum is a platform for decentralized finance, anyone can borderlessly lend and borrow in seconds. Endless possibilities.
Go to work and stare at the medium rectangle.
Come home and watch the big rectangle.
Most people I know that grew up in a different state and tried living in Southern California, end up hating it and leaving.
If you’re used to Southern California you’re probably more likely to put up with it’s many problems because it’s home, there’s great food, plenty of things to do, and of course the amazing weather. If you’re an outsider, I can see why living in California seems absurd if you’re not used to the heavy traffic and high prices.
Half true; NVM also works on Linux and *BSD OS types.
https://web.archive.org/web/20210321232118/https://melindawy...
I disagree with this statement however:
> I prefer being upfront with people rather than doing the "It is easier to ask for forgiveness than ask for permission" route a lot of folks suggest.
Asking your employer if you can work on a side project is like asking them if you can play golf on the weekend. It's your own time off-work hours and you're free to work on a project without begging for permission. If the side project directly competes with you're employer's product then that's a definitely a gray area but you'd know if you're purposely taking intellectual property or not. If you're not sure that your employer will screw you over then get something in writing.
cat file.txt | curl -F 'sprunge=<-' http://sprunge.us