Based on this comment I'm almost certain you have faster hardware than most of your users.
1,027 karma · joined August 16, 2022
> Packages will be released on‐chain as NFTs with their dependency metadata included.
:thinking_emoji:
In 2019, forex volume was $6.6T per day [2], or $1716T per year. Meanwhile global GDP was only $87.5T [3]. In other words, almost 95% of global currency volume is speculation. Why would anyone use currencies that are mainly used for speculation?
Both the traditional and crypto economies are reflections of human behavior, but because crypto is more transparent, you can see it for yourself. And a lot of people don't like what they see. But it's not a new problem nor unique to new currencies or technologies.
[1]: https://www.investopedia.com/articles/markets/032916/how-big...
[2]: https://www.financemagnates.com/institutional-forex/executio...
[3]: https://www.statista.com/statistics/268750/global-gross-dome...
> For example, illegal transactions, scams and gambling together make up less than 3% of volume.
I warned people last year not to use FTX. Now FTX is gone. Please tell me what feelings I'm allowed to feel now that they're finally gone.
It would also solve some practical problems mentioned in the page like the complexity of the setup and the speed of statistics gathering.
I wonder if it might be simpler to track stack sizes statically instead of using runtime instrumentation. What I mean is, for example on x86_64, the function prologue has a stack reservation in the form of `sub rbp, 0x168`. So we can easily tell that the function uses 0x168 bytes of stack space. Just add those numbers up for every function in a crate, and you have a score. Track that number over time for a set of common crates.
The same thing that incentivizes people to spend their USD today instead of passively getting rich using VTSAX
Your defense against these tail risks is to remember, "not your keys, not your coins", and self-custody when you're not actively exchanging. In the end you do have to hope that the < 1 hour it takes you to exchange your coins and transfer them back to your own wallet doesn't overlap with the moment they decide to torpedo their 10+ year old business with no prior warning or red flags. But these are infinitesimally small tail risks.
> 14) Compare the total liabilities from the Client Liability Report extracted from Kraken’s production database as observed within Procedure 5 to the total assets controlled by the Kraken custodied addresses (the “In-Kind Assets”) as of the specified date and time of the assessment time and calculate the collateralization ratio based on the In-Kind Asset-to-Client Liability mapping provided by Kraken Management
> They only verify BTC and ETH
Click the link and you see this isn't true: "ADA ADA.S BTC BTC.M DOT DOT.S DOT.P etc etc"
> they don't audit liabilities at all
All liabilities were verified by the auditors and included in the merkle tree, and as mentioned, all users can independently verify that their specific liabilities are present. What more would you expect?
> the audit they did last December was the second in 8 years
Their most recent audit was end of Q2 this year. They do audits semi-annually.
... yes, I hate it too :(
More info:
Microsoft is the worst company on the planet when it comes to version numbers. Don't even get me started about "Xbox One".
2. If you're using an exchange for exchanging currencies (as opposed to speculation) you can send your money there, exchange it, and immediately send it back out. You're only exposed for at most an hour or two. If you've chosen a well-reputed exchange that's been around for 10+ years, chances are effectively nil that it suddenly disappears during that small window with no warning signs beforehand.
> PayPal customers enjoy a range of benefits associated with their accounts, including a full suite of tools, products, blah blah blah blah
Jesus Christ, get to the point and just answer the question already. Whoever wrote this absolutely knows the company is doing something slimy.