Daily General Discussion - June 12, 2023

Welcome to the Daily General Discussion on Ethfinance

https://i.imgur.com/pRnZJov.jpg

Be awesome to one another and be sure to contribute the most high quality posts over on our sister magazines. Or guide them here for help and community, too!

Daily Doots Rich List - https://dailydoots.com/

community calendar: via Ethstaker https://ethstaker.cc/event-calendar/

"Find and post crypto jobs." https://cryptojobs.gg/

austonst,
austonst avatar

I briefly checked out kbin a few days ago, but took a deeper dive today... and I'm kind of on board now. Still don't quite get the relationships between magazines, threads, and microblogs, and unsure how federated content from platforms with a different structure and UX (say, Mastodon) will map onto kbin. But my big realization today is that I don't have to understand all that to get started!

If you forget about federation and microblogs for a bit, kbin.social seems like a basic but serviceable Reddit clone. You can find various nascent communities popping up that seem like they function similarly enough as they do on Reddit. Daily threads on @ethfinance, episode discussion threads on @anime, strong political biases already taking root in @news, etc. I can understand all that without caring what goes on behind the scenes. And I can explore the larger fediverse at my own pace.

The big challenge is just that network effects are too stupidly strong. Makes it way too hard to unseat incumbents. If I ever picked up a new hobby or video game, or wanted to see what the experts on home ketchup production thought about how different brands of sugar affect the mouthfeel of the final product, I could be sure to find a thriving community on Reddit discussing just that. It's tough to give that up. But right now the promises of federation and the hopes of creating an ecosystem more resilient to large-scale corporate BS are sounding pretty good to me.

But to keep things on topic, I wish I could sign in with Ethereum and have my profile and data controlled by my Ethereum address. Make identity intrinsically transferable across instances/servers, have native support for POAPs/NFTs, and possibly build a lot of identity tools around ZK attestations of some sort. I wonder if ActivityPub is flexible enough that a web3-oriented frontend could be developed to provide that kind of UX while largely relying on other instances for communities and content.

kbrot,
kbrot avatar

But my big realization today is that I don't have to understand all that to get started!

Love that! Yeah, the lack of federation on kbin.social while the dev prepares the server has been a gift and a curse. It's definitely allowing native magazines here to thrive, but it does feel a bit hollow like subreddits started to.

If you want to dip your toes into the full breadth of the fediverse from the safety of a kbin (reddit-style) app, the fedia.io instance is fully functioning and federated. You can browse content from all around the fediverse, including what I imagine may be larger, more active forums currently for anime and news on instances like lemmy.ml (careful, they're under load too), lemmy.one, beehaw.org, and of course fedia.io itself.

With OAuth from Github, Google, and FB available to kbin logins, I'm sure SiWE is doable. Might just take a chat with the dev once things calm down and we're still nascent. That'd be a huge win.

Nonocoiner,

Testing

1

H

strawdar,

how do you do fellow ethfinanciers

cryptOwOcurrency,
cryptOwOcurrency avatar

Welcome to kbin!

cryptOwOcurrency,
cryptOwOcurrency avatar

Daily Validator Entry Queue Update

Validators: 94,024
Wait: 43 days, 22 hours
Churn: 9/epoch

The queue is still going strong! Where is all this fresh ETH coming from?

Unfortunately I don't have the fancy math or data sources to give an update on when the churn limit will increase to 10/epoch, but IIRC it will happen within the next few weeks.

View the queue any time here:
https://www.validatorqueue.com/

Diligent-Mouse3679,

There's an exit queue atm of about a day, so that churn limit increase will probably take a day longer to kick in.

hanniabu,
hanniabu avatar

Changes in churn are taken into account for the wait time calculations on https://www.validatorqueue.com/

hanniabu,
hanniabu avatar

I don't have the fancy math or data sources to give an update on when the churn limit will increase to 10/epoch

at 655,360 active validators, about 20 days from now

endless_bear,

Man this site takes 9 years to load. Unrelated, alts are crashing to levels not seen in years

protomiller,

Glad to see this community dipping its metaphorical toes into the fediverse. I hope one day an entirely decentralized stack will be possible (L3 perhaps?), but federation is already a huge step in a better direction.

minimalgravitas,
minimalgravitas avatar

Better late than never:

https://www.bankless.com/sounding-the-lido-alarm

ieperen,
ieperen avatar

This is great to see. Like it or not, their voices carry much further than most of ours.

not-ngmi,

Based on my understanding, Mastadon doesn’t scale well because a server can be spammed with illegal content which creates legal liability for the person running the server.

Does this platform have the same issue? Or is there a different way to address that issue?

strawdar,

Seems like an issue for virtually any website that allows user posts/uploads? Or do you mean that the federation part makes it more vulnerable to spam? Corporate sites like Reddit and Instagram just have the money to hire lots of admins to keep on top of it.

696,
696 avatar

EVMavericks Weekly : June 5-11, 2023 | Homepage

Twitter Thread |

https://i.imgur.com/dFB5xoR.png

🦁Everything you need to know about the last week in EVMavericks in less than 69.6 seconds 👇

1. [EVMavericks is opening up their doors for @ethfinancer , ethstaker and other communities for the duration of subreddits going dark to protest the Reddit API changes.](https://twitter.com/EVMavericks/status/1668024323888631809)

  1. The final week of buidlathon is here. Submit your projects by June 19th.
    Prizes:
    1st place: 5 ETH
    2nd place: 3 ETH
    3rd place: 1.5 ETH
    Random participation prize: .05 ETH

  2. Ethfinance Weekly Doots #22 with our guest Matt Finestone with taikoxyz

  3. Whatthefuck starts resurging the Chad Fund.

  4. Lidont is continuing to be developed.

Security reminder: here are a few guides

Additionally, if you are in EVMavericks discord, we have a security channel. You can literally mute everything else but that channel and only get notifications from there.

Join:

@EVMavericks🦁 - http://discord.gg/evmavericks

@EthfinanceR - https://kbin.social/m/ethfinance

EVM weekly & More at https://evmavericks-weekly.netlify.app

696,
696 avatar

Good formatting is available here:

https://twitter.com/696_eth/status/1668341901014216709

https://week22--evmavericks-weekly.netlify.app/

newtosh, (edited )
newtosh avatar

Random observations & thoughts about kbin.social:

  • Unlike Reddit, kbin natively supports posting pics in comments 📸
  • How to set an avatar: Click 'your-username' (on the top-right of the page) --> 'Settings' --> 'Profile' (in the appearing horizontal menu). I overlooked the horizontal menu a dozen times.
  • Subreddits are called Magazines here
  • The ethfinance magazine that @kbrot set up for us lives on the main kbin server, https://kbin.social - if you check its homepage, you'll see posts from other magazines too, such as news, RedditMigration, or unpopularopinion
  • The default sorting of our daily thread is "hot" (=nr of upvotes), you gotta switch manually to "newest" every time (sigh) if you prefer that
  • Like on reddit, we can upvote threads (updoot the diddly) as well as individual comments/replies
  • We're still missing a choo-choo-train or some other banner. Can magazines have banner pictures @kbrot?
  • Federation, the hallmark feature of kbin, is switched off temporarily. Check out the kbin-alternative Lemmy to see how it works: The homepage of the lemmy.ml server curently also displays threads originally created on the lemmy servers beehaw.org, lemmy.world, and feddit.de. In the comments of such threads, you see accounts registered on a variety lemmy servers, such as lemmy.one, sh.itjust.works, sopuli.xyz, etc. Federation means the servers talk to each other to enable cross-commenting and cross-viewing.
kbrot,
kbrot avatar

Excellent summary. Boosted. (and maybe we pin it in Discord for the downtime moments?)

fiah,
fiah avatar

Federation, the hallmark feature of kbin, is switched off temporarily. Check out the kbin-alternative Lemmy to see how it works: The homepage of the lemmy.ml server curently also displays threads originally created on the lemmy servers beehaw.org, lemmy.world, and feddit.de. In the comments of such threads, you see accounts registered on a variety lemmy servers, such as lemmy.one, sh.itjust.works, sopuli.xyz, etc. Federation means the servers talk to each other to enable cross-commenting and cross-viewing.

this is the killer feature, and I honestly don't think it's a great idea to try to have a community on an instance that isn't part of this federation (yet). I like kbin, I think it looks better than lemmy and it feels great to use, but not being connected to the other (thriving!) communities out there is probably not worth it

BlackCoffee,
BlackCoffee avatar

Hey! To chip in;

Kbin is already discoverable and you can already access other communities on different instances via Kbin.social (I don't know if it is possible the other way around for now because of Cloudfare enabled).

The thing is because of the influx of new users Cloudfare is turned on temporarily so that the site doesn't crash constantly, it only messes up Kbins "place" in the universe for the time being ;) from what I understood.

Beehaw.org is an lemmy instance for example and if you go to "Magazines" here and type in "Beehaw" you can see the beehaw communities and access them from the Kbin instance.

strawdar,

Yeah, I suspect federation is off here for stability and performance reasons during the blackout. I believe this instance had federation on last week.

Asdafari12,

Thanks for setting this up KB!

@jtnichol I know you are not there anymore but do you know if Gridplus has any plans to ship from EU? I want to buy like 6 more cards.

honkhonk,

Hi!

MrVodnik,
MrVodnik avatar

a16z moves to UK, they welcome them:
https://twitter.com/fintechfrank/status/1668045082631581697

US crypto flight is accelerating thanks to SEC.

newtosh, (edited )
newtosh avatar

It is with great pleasure that I discovered that even on kbin you can, in fact, updoot the diddly! 🥳

minimalgravitas,
minimalgravitas avatar

This is one of the most wildly convoluted/sophisticated example of a crypto scam that I've seen:

https://twitter.com/MrMMarsh/status/1668183547574624257

Fake death leads to fake obituary in fake newspaper, describing a fake interview which mentioned the fake 'crypto platform' that the scammers are trying to get you to connect to.

How come we never get anything that interesting from the scammers that target EthFinance? All we have is boring fake airdrops spam. Lazy.

MrVodnik,
MrVodnik avatar

Whenever someone tells me crypto is full of scams, I agree. Then I add, its the same for the internet. It sooo full of all scammy pages, ads, mails, reddit dms, shopping offerings, etc. We just got used to this (both to seeing them, and to the fact, that many less tech savvy people are scammed daily).

I just don't get why the tweet blames twitter for this? Especially "since Musk" took over. Not long ago it was hard to watch any crypto related video on YT without an 1 hour "ad" with Vitalik or Musk talks and their address, that will double your coins if you send them your ETH. Googling for Curve finance often returns "curvle" or similar scam result as "ads", which are very neatly presented as first results of your search.

This is how internet works. Especially, since the platforms are not legally culpable for their ads content in the US.

This is also a reason why no one should feel bad for using ad-blockers. I would even go as far as say its a moral duty to install these on our parents and children devices.

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