crypto

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magmaus3, in crypto and the fediverse
@magmaus3@szmer.info avatar

I doubt that it will change a lot for the cryptocurrency adoption.

(also hello from the “all” feed)

diego3333, in A warm welcome to all new members of the c/crypto community!

testing, one, two, alright, and we are live!

mudamuda, in A warm welcome to all new members of the c/crypto community!

Hi! I’m a crypto (as in Ethereum) enthusiast. Not a fan of Bitcoin.

LemoineFairclough,

Why do you say that?

gooeyglob, in Join crypto-sceptical community (our Wario)! If you are sceptical about bwockchain, cryptocurrencies etc, and know exactly why it will fail and why it’s all a scam, then this is the place for you!
@gooeyglob@lemmy.world avatar

Waaaaaaaaaaaaaah

tracyspcy, in TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed
@tracyspcy@lemmy.ml avatar

Oh, he changed his hairstyle

Lixen, in Challenge: Can you identify what is wrong with this simple Solidity guessing game contract that makes it easy to cheat?

For those that want to have an actual go at it: when deploying it with hardhat for example, you can pass in Math.floor(Math.random()*1000) as the constructor argument in the deploy script, and then see if you can derive the number on the first guess.

tracyspcy,
@tracyspcy@lemmy.ml avatar

The formula will return a specific result of uint256 type which will be used in constructor on deployment, right? 😉

phlemmy, in TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed

Haha!

tracyspcy, in Challenge: Can you identify what is wrong with this simple Solidity guessing game contract that makes it easy to cheat?
@tracyspcy@lemmy.ml avatar

BTW @cypherpunks was right. Anyone can view the contract deployment transaction and see the value of secretNumber that was passed as an argument to the constructor.

itchy_lizard, (edited ) in Just-In: Bank of England May Soon Launch CBDC

Does it have all the necessary properties of a cryptocurrency? Is it permissionless? Is inflation controlled algorithmically?

Rumblestiltskin,

We don't know. It could be an ultimate control and surveillance tool or it could be completely permissionless but it will likely be somewhere in between. It would be interesting if actual parliamentary laws can decide the rules the currency runs on.

I assume you will need to go through a bank/financial institution to get an account. It would be cool if privacy was baked in with the ability of a court order to reveal accounts with those court orders publicly available.

itchy_lizard,

Oh man they haven't even decided these fundamental things? How can anyone vote on something without these defined first??

itchy_lizard, in Hong Kong Put Pressure on 3 Major Banks to Take On Crypto Exchanges as Clients: Report

Cool for crypto but fuck the mainland and what they've done to HK

ctrl_alt_cheat, in Monero and all other privacy coins are banned in Poland starting from 26 june. - r/Monero

Is Libreddit going to be affected by the API pricing?

roho, in Dutch government refuses to release any WEF “Digital Currency Governance Consortium” document to H.O.R.

i guess D.C.G.C(and the C.B.D.C.) are incompatible with actual crypto. Any news on that front?

Lemmchen, (edited ) in Cryptocurrencies II: Last Week Tonight with John Oliver (April 24, 2023)

That's actually a pretty good summary on Terra, Celsius and FTX.

Until I've seen this I wasn't aware of how exactly FTX collapsed.

shreddy_scientist, in Cryptocurrencies II: Last Week Tonight with John Oliver (April 24, 2023)
@shreddy_scientist@lemmy.ml avatar

I dig Last Week Tonight but this segment, like most general current cryptocurrency outlooks, only focuses on the frauds. It's saying the crypto market is trash due to the scams. Sure, the scam aspects are infuriating as they generate negative connotations, but through due diligence in research the scams become vividly clear. The white papers for Bitcoin & Vechain are phenomenal. When comparing the white papers of Luna, Terra, Dogecoin or anything similar to BTC's or VET's, any investments made after seeing these differences are 100% on the investor.

ganymede, (edited )

yeah the over-emphasis of public hate which conflates the principles of cryptocurrency with the scammers, can only really benefit the existing financial power structures imo

unless i've misunderstood something...?

for sure the scammers need to be ridiculed, but scammers have been around probably since we lived in caves, if not earlier, so blaming crypto itself doesn't seem right.

onlooker, in NFT sales plummet 92% as market ‘collapses’
@onlooker@lemmy.ml avatar

As much as I enjoy dancing on NFT’s grave, I can’t say I’m thrilled about the fact that Musk’s tweets have this much sway. Well, he is about to own the platform, I suppose. But come on. Environmental harm? Nothing. Throwing money away for literally nothing? I sleep. Musk makes an off-the-cuff tweet about NFTs? EVERYBODY HOLD THE FUCKING PHONE. I hate how this world works sometimes.

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