- 11 January 2024 (1340 messages)
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xchain != counterparty
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how do you know
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Yes, I hope we fork again - except with a little more preparation and warning time. I'm ready to get away from the fork that doesn't believe that xcp should become an antiquated ledger that no longer matters, and requires central leadership to function.
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who are "we" in "Yes, I hope we fork again"?
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we, the sane users of counterparty who see that not requiring an xcp fee is folly, among other things.
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with all the respect and from completely lack of knowledge, what have you done on counterparty in the recent times?
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but you dont see that still relaying in tools from 10 years ago writted in PHP and JQuery is not progressing is what you are really dont wanting
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creating? developing? collecting?
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🤣🤣
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Everything moving smoothly except this room
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Lol
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When fees
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When
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Tax tax tax
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LOL
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Buckle up
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It's actually not a fee. It's a sacrifice. It's destroyed
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To stamp users, flooding chat and yelling their opinions in all caps = consensus. Brought to you by the same masterminds that were slinging eth nfts a few months ago. We're in good hands now.
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A fee would actually make more sense lmfao
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Can't wait to see that powerpoint slide wipe paper
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Free assets are fiat
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with all the respect and from completely lack of knowledge, what have you done on counterparty in the recent times? creating? developing? collecting?
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you've proposed to turn the fee burn to a fund devs fee, correct?
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being Karen
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Fees for Dispensers
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no, the full extent of my proposal turns the burn fee into a fee paid to xcp stakers.
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what is an XCP staker?
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much better 😂
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Her bags?
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I'm not going over it again; search previous messages.
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have you put a CIP in the github for this proposal?
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Spoken like a sock
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they dont understand LB they have inferior DNA
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No
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Dawgs out here trying to get a tuppance of extra xcp
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continued: So you want to turn XCP into a masternode on bitcoin? Or a yield farm?
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No, the overall idea is to give XCP some value and reason for existing except as an anti-spam measure that will eventually collapse on itself and require central leadership to aright it
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XCP has value... ur mission is over..
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if XCP has value and people want it, it will have volume and liquidity - hence, exchanges will list it.
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XCP has nearly zero liquidity and hasn't changed in value since around 2018.
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As far as I know you made an ai Rare Pepe in 2016 that promised to sell to gather money for charity. You didn't not sure why, then some weeks ago it got popularity again and then you sold but decided to just donate half.
Now here you are, talking about liquidity -
Everything is not ur personal Only Fans... build a whore house if you want one so bad
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It's not about money
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This is important
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put orders on the DEX
BOOM, XCP has value -
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Plot twist: SHE WILL NOT
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Imagine how much those AI pepes could have added to the XCP value if they were sold on the DEX
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Paul Wall stills loves you bro
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oh they were sold for ETH
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You hear thet GMONEY?
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It’s all so tiring.
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LMAO
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This chat has become infested with stamp shills who just want to make themselves feel better about successfully imploding the same ecosystem their stupid money grab exists on. Enjoy selling your stamps to precisely no one - because you have destroyed the rails by which anyone might want to purchase one, and you all enjoy slinging gifs and jajaja'ing at each other too much to actually go out and build anything.
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rarepepewallet.wtf is also back up now
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I have zero stamps... Zero investment in stamps... But all of this is fucking me nonetheless
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What's say you to me
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Shelved sock?
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I think is somehow real
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I believe that... who trolls this good
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But I would love for people who is not usually active to be more constructive
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What have you done?
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Counterparty chat welcomes artists, builders, collectors and chat enjoyors, it always welcome
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For counterparty recently
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Yes but what have you done
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Jdog
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He wouldn't use that hair
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Build pepe.wtf, is a platform that shows a collection called Rare Pepes
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and some other things
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Fake Rares
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Dank Rares
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The Wojak Way
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Rare Coco
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Well good job, thanks for contributing at least.
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Bitcorn
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and STAMPSs
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Except for that last bit
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it makes it easy to find trades on the dex with xcp too
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I didn't come here for a congratulations
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I come here to expect something else from you
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Gotta buy me dinner first sailor
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amen to pepe.wtf - huge win for all!
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LMAO no thanks
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Gluck Gluck 9000
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Entering in counterparty chat and seein that kind of destructive criticism wiithout any kind of will to contribute feels sad
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I've been using jdog's tools for years and he has made xcp usable and accessible. Only someone burdened with stamp bags wouldn't be supporting him
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specially when I haven't seen you in the last 3 years supporting anybody
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Welcome to life after jdog.
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included jdog afaik
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Imagine in six months when still nothing works
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i think jdog likes stamps
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time to change
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He's done a fucking ton
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I think losing jdog is horrible, the dependency we put on him for infraestructure was worst
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There are things that work, more than ever, you just don't care to know
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Will to contribute? Fine, I'll write the whitepaper for xcp++ myself, get gpt-4 to help me code, and fork xcp myself. Make an open git so others can fix the many colossal fuck ups I'm sure to make
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That's what I'd contribute
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LMAO
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nice, excited to see
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please change the prefix before fork
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Troll
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XCP++, for a better tomorrow.
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So you want to be Roger Ver?
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If you want something done, be careful what you ask for.
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So you love counterparty that much that you want to rebuild it to fill your pockets or what?
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Or Craig Wright?
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I want to see 17 year old nft artists excited about counterparty is what I want. And that's not possible with current implementation.
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she will add a new address in the burns bootstrap
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If you follow programming history, C++ wasn't that good tbh
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Ok, now we are getting to something
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and I'm sorry to tell you but 17 years old are inscribing pixel art in ordinals
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PIXEL FUCKING ART
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katie everything else works besides freewallet and xchain
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Check dm
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BUY MY FUCKING KARENS
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The Pixel Karens
THEY WANT TO SPEAK TO THE MANAGER.
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with the cost being thousands to mint an ordinal, I assure you they are not - unless they are from extreme wealth
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But have you see the success of ordinals?
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Like you may like it or not, but ignoring it is absurd
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they didnt cost too much, stamps are more expensive by far
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no for real, I made them with lots of love. I'm sorry if they are onchain
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limited success due to fundamental flaws in its entire purpose. maybe elon and bezos can swap a few to each other come 2030
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what have you built with more success than ordinals?
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So nothing is working 🤣
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Well no sarcasm at all, you do deserve a medal for that and all you have done.
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You see, we can agree Kathie
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I'm done for now - enjoy your celebratory shit in the sink stamp fam. If it's what it is, fine, but I am not happy about it.
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Have faith
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THISISFINE | Pepe.wtf
Discover the universe of Rare Pepes in Pepe.wtf
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Oliver is probably 17 by now
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Stop turning everything into a dick measuring contest and trying to reason with people by opening with personal insults. Your approach is insufferable.
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Is not a dick measure, I don't have one. Is about putting your work where your mouth is
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is this a troll act or what
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wtf is this chat
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Got tired of readin bs and came to have fun
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trying to figure out how to sell the bitcoin etf here
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It's not fully minted out yet
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SoonTM
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Paper for Etf is on backorder
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When postoffice coin etf
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Blow-dry is writing the white paper as we speak... instead of bitcoin you burn used bottles of Pantene Pro V
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ngl checked if POSTOFFICE was free to pick but no hahahaha
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I wudda checked also..
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rarepepewallet.wtf has minting feature
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😐
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They do not know of AL....that speaks for itself
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U dont know who they is, also speaks volumes
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They or 1 person
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i guess i should listen to those spaces
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they happen in twitter, for you to know
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NOOOOOOO PAV WE ALREADY HIDE MIKE
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Gm lol
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Was pretty good before I got booted 🤣
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I just got there in time for this
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Never miss a party
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Punk pfp
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He was respectful on your name, didnt sound like a cagematch invite
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At all
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agree - for some reason Gmoney was a host who raged as if xchain was his baby and passerby's all decided to lick stamps and cover his baby in them
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Hate I missed it
- 12 January 2024 (807 messages)
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I have accomplished nothing.. and im gonna go back to being a silent observer
But I gotta tell ya... I'm literally gobsmacked by the irony...
you popping out of the shadows... pointing to some shit you did back when Prince was still giving interviews... and then speaking to the accomplishers of great things, AND the ONLY people who are going to get the train back on the tracks with a mouthful of hubris.
If you wanna pamp ur bags and make coin go up... do it honorably
Trick normies on twitter
Otherwise please stop throwing popcorn at the surgeon. He is operating ON ME.
and get a haircut -
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If it was from me I'm sorry
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I'm trying everything to make coin go up for blow-dry
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You didn’t need to clarify you’ve contributed nothing, it was abundantly clear just from the way you talk. Enjoy your stamps
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Again... I don't have ANY stamps
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I have them all
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I’ve heard they’re quite the rage these days. You should look into them.
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Well trade this nice lady for something of equal value so we can all get on with our day
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I was offering her one of my Karen stamps pfp, but nobody is interested
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Impossible. Stamps are the key application and most valuable thing on counterparty - surely people want them.
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Well don't stop there Give Up Gary... sweeten the deal.. 48 bottles of detangler
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That's what my mom told me when I made the karens
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does someone have a link to the discord?
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Join the Rarepepe Trading Club Discord Server!
Become an alpha by becoming a member of the oldest community NFT ever created. | 3521 members
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LMAO Kathie entered already to shill her card
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at least say hi, good morning or something, manners matter
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become the community you want to see
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Yo guys, if XCP isn't to be utilized as voting power, especially in such critical situations where consensus has to be achieved in a consistent manner (that can also be used in future controversial issues), then what is it exactly that I'm holding? Just a relatively liquid token to trade against other assets?
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Loved the "future controversial issues" 🤓
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Exactly. XCP should have been proof of stake. As is, it’s proof of who can spam chat the loudest
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Has it ever been used to vote?
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It's about time lol
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Or at least had pos mechanics built into it
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Wallet age of xcp tx’s
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and consistency over time
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I did not have XCP goes PoS on my 2024 prediction list
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“Well if you don’t like the way things are being run, feel free to fork and make your own”
*makes fork*
“Omg please stop you have no idea the damage you’re causing” -
those quotes to whom belong?
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That's not what happened and you are silly to try to co opt the conversation that way.
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I think I didn't read that part
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Just more reason why the xcp protocol is deeply flawed in its current state. When contentious situations arise, there is no way to attain consensus
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Sell.... get out while you can
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I used to own 1% of xcp. One of the worst financial blunders of my life
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SO IT WAS ABOUT BAGS
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I see
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Bingo
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Lost an absurd amount of money back in 2018 in XCP
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and didn't step in here till then
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fair enough, there's always a moment for each one of us
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is it even possible to have new voters in this model, there's certainly a cap/cost barrier
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but coming with those proposals I thought you were involved
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somehow
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in whatever
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Xcp ++
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but nope
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Of course
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They can buy XCP like I did
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so a whale can arrive and own the vote?
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Hence, it's rhe fairest solution.
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Pos = post office spamcoin?
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The first follower is their own form of leadership.
XCP++ it is. -
also, vote on what?
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XCP++ sounds like the thing you receive instead of what you bought from the internet
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Kathie you deserve better shops
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Have you checked Solana?
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For one, whether to apply a fee to stamp spam. That would be a nice thing to put to a vote wouldn’t it
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This can happen in any protocol where consensus is achieved by the underlying asset.
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That's the cost of the "attack"
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Imagine PoW GMNONEY supporting a PoS shitcoin
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i cant breathe
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He is right now feeling bad just for reading it
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I’ve always maintained that proof of stake can work as a secondary layer / but it cannot do its job as a base layer
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i honestly don't know the answer to this, but are there good examples of protocols or businesses that have done well with a voting for features mechanism
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Cannot recall any democracy
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ok, we start an XCP mining pool and we vote by hashpower on bitcoin
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Something that has no cost has no value. Mining must be wasteful by design. If you’re also getting Bitcoin, it doesn’t work. Lern 2 math
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PoP and PoS, Proof of Pepe and Proof of Stamps
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I just cant believe we are talking about adding a DAO and PoS to XCP in 2024
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yeah, DAO's seem to suck
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No one said anything about DAO. Though one could form if it wanted to.
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PoS has not cost
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Was only advocating voting based on age of wallet. No staking bruv
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voting with tokens is a DAO basically
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Then please demonstrate a majority fork in ETH since there’s no cost
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wait til LIDO gets angry
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But I hear your concern / it’s a classic one with proof of stake. But yet, despite this theoretical issue proof of stake systems continue to run circles around what counterparty can do.
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could be a newb, but i didnt think counterparty was pow or pos
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You know how I know you're never around?
The irony of Carsonated and G Money, joining forces like Eddie Murphy and Nick Nolte to troll you and say you're wrong.
No clue huh? -
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Even better. LFG
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🦎 Chart 🔵 Trade 🔹 Trending -
BURN THAT WITH FIRE
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Wait what's that 🤔
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Ma’am please lets just drop. Its dumb and confusing
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That was even more blasphemous than the scam eth PEPECASH that appeared some months ago
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Tell me you are not launching this in cardano at the end, please
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Find help before that
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Not even jesus can save one from that thing she shared
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best art on counterparty all day
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performance art
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What’s the link
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ca
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1BurnPepexxxxxxxxxxxxxxxxxxxAK33R
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now we are talking haha
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I bet it flips XCP within a week
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do we get BVM on XCPLUSPLUS?
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No shit kek
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Free rugpull and kick to the nuts
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So I have tried to follow this for awhile now and it’s hard but for what I gather .
Xchain and free wallet struggle to process the heavy amount of extra transactions that stamp and src20 create.
So jdog after shouting about it for 9 months had to turn it off.
The proposal on a fork or whatever am lost with that bit was to add a fee to the numerics
The bit I don’t get is, how does that solve the problem with xchain and freewallet, it wouldn’t slow anything down as it’s very small.
Surly we need to build better? Am lost
Someone help me understand what a fee that gets burnt does to make xchain and freewallet work again?
Does it just pump bags in the long run?
Does it set up the whole of counterpart to be mute.
It would increase the burn by 200 fold.
250k stamps now that’s 25k xcp burnt
How many xcp are there? Can’t check xchain is down
Am lost -
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Imo it’s an exploit attempting to gain hostile network takeover rendering xcp useless
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Okay but what does a fee prevent
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the fee slows down what some call spam and others call network use
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Why would it slow it down?
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and that network use to some is viewed as exploiting the kindness of it being free
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because the people called spammers would have another step of obtaining xcp
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exactly, its not a genius move
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but it would pump some peoples bags
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Or shunt be an issue to spend extra
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Why pay fee on any asset
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Because that's how we do
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Might make issuing 10k free assets in 60 mins not so appealing
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Who knows
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But there was a vote
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Long term right it won't solve the issue as the network grows.
But short term, until drastic solutions are found (optimizations and 3rd party tools) , it will slow down the "spam" cuz it's more valuable to mint, and it causes friction in the minting process until everyone gets used to it. -
In dev chat , most/all new maintainers chose fee
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But minting fee has to be implemented anyways imo. It's either we all pay minting fees or we don't.
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But not really much friction for the minting services (that could handle the burn themselves) or the minters (that pay already +$30 per stamp)
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Yeah sure in the long run I'm sure this will be taken care of.
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If they are triggering the minting TX for the minters as they can do, they just need to have the XCP bag in their minting addresses if I am not mistaken
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(probably I'm skipping something)
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Right but they need to have XCP in the first place
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That's the "friction" I'm talking about
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so minting services just buy XCP, or surprise, the alternative is XCP holders are actually making stamps and it adds zero friction
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I mean it's the same with named assets no?
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Yeah, of course, but minting services (at least stampchain) has been willing of doing it, so what I mean is the debate of the fee being needed per se and the debate of stopping the "spam" are two different ones
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first one I understand the reasons, second I think is not effective
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Yeah but x1000 times slower
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Long term it isn't I agree. But at the beginning it's logical to assume it will.
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Thus, giving more time for development and optimizations.
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Yeah but all assets need to be treated equally. The suggested fee for numerics are even lower
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Much lower
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What if a new protocol utilized named assets, and a new community is born? They would feel they're at a disadvantage no?
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I wouldn't consider them equally in every sense of it, named assets are limited, more exclusive to get a unique name of a namespace
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Well that's why the suggested fee is what, 1/5?
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Fair enough
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Am on the fence tbh I have used counterparty for few years now and xcp thing was always abit of a pain, I got scammed couple thousand books trying to buy it with all the scam dispensers at first. So making brand new people go through all that sounds abit sketchy so would need to be a more robust way to let people obtain it otherwise it doesn’t just cause friction it out write just pauses it
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less 1/10
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0.25
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POLL RESULTS
XCP Fee on Numerics?
---
55% = Yes, 0.25 XCP
16% = Yes, 0.5 XCP
10% = Yes, Discuss
19% = No
XCP Fee on Numerics (YES/NO)
---
81% = YES
19% = No
What Should Fee Be?
---
55% = 0.25 XCP
16% = 0.50 XCP
10% = OTHER
Activation Block
---
790,000 = Current block
+ 1008 = 144 blocks per day x 7 days
---
791,008 = Activation Block
It appears that general consensus is to institute an 0.25 XCP Fee on Numerics at block 791,008.
@hodlencoinfield Agreed? -
Agree with you on that
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right, was thinking in the PR Jdog submitted
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I mean 0.1 better than 0
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if the fee only offers minimal friction and over time pumps price of xcp, how does this solve the infrastructure/db costs of maintaining stuff ?
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Honestly, the most optimal solution is no XCP fee for both named and numerics. But somehow build unique utilities for XCP token.
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can we please understand that Kathie needs to rest, been here cheering the chat all day long
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and here she is, reacting and participating in constructive developments
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yes, we all know at this point that gmoney and kathy star are the same person
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Imo it doesn't because the development time is gonna be longer than the implementation from the minting services
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but still where would the solution to a growing user base/infr stress come from, not a fee
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Doesn't need to be very user friendly at first though
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Like just display xcp balance.
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or ther'd be some math to say it would require X amound of $ in fees to cover Y amount of use
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what do you mean?
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(the what)
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but that doesn't account for market fluctuation or ebbs and flows - costs will grow and be stable (dont care about markets)
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Like the deduction is done within the protocol no?
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ah no, no, I mean that the time of develop improvements (not for the protocol even, but for xchain) is bigger than the time it takes to minting services to implement the fee
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imho, talking about what I don't know
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To my knowledge, the XCP is automatically deducted by the protocol (if fee is implement). So minting services should only show xcp balance at this stage.
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(and a message, u should hold xcp to mint etc...)
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User pays in btc
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That's what I mean, minting services can mint for the user
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yes, this is what the jdog fork implemented on numerics, briefly, right
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See btc/usd only
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Minter can go without knowing what XCP is if fee is introduced
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U mean like buying xcp automatically for them etcc.. But yeah I said it doesn't have to be this way at first
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The stage at maximum friction
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Lowers spam, gives time to develop more user friendly solutions
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But the only friction is in reality for minting services to acquire XCP, no?
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And xchain optimizations + other 3rd party tools
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Yeah
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So that's only a matter of buying, that's what I mean, whatever optimization is gonna take more time than acquiring the XCP
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Trust me many stamp users will call it quits lol
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But they will not even know the service is minting xcp for them
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At first they'll have to buy it manually
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the service will have already xcp for when they come to mint, user sends btc, minting service mint for them while holding the xcp
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wont ever unless the market forces it.
- also if this is the case, how would counterparty ever be able to grow, or is it a picture in time to be preserved? -
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Just as now, the btc transaction is split, unless the user looks at the tx, they only see pay this amount
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Exactly
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all the fee thing, acquiring and using, is in the minting service, not the user
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They receive a counterparty token to view/buy/sell/trade, which warrants a fee imo
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minting service will just bulk buy a big amount, then the 10k minters just send btc
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Current fees for dex, and a fee to Dispenser. Don't punish adopters and creators
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actually i'm still not sure what any of this has to do with xcp, as the issue seems to be covering infrastructure costs, not how things work
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Hell yeah. There's a ton of new tech on Bitcoin. We could be flipping frogs for free and selling them against sats on LN. But it feels like the protocol was in a stake mate with Jdog carrying all the weight.
Time for counterparty to become competitive again. -
We all pay to play
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Don't pay don't play
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Have the maintainers said they will support the numerica fee? We are spinning in circles when they might just drop a solution in our laps that does not require it and lets everyone get along?
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are you sure?
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are you sure?
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We all pay in someway yes
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Stampchain theory is blockchain saving data on the Bitcoin Blockchain
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What do u even mean lol
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what does your payment support?
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Dispensers and DEX are tools of CounterParty
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We are all neighbors in counterparty land, and regardless of what happens we are still going to see one another in passing, getting angry and holding any grudges will be a detriment to us all
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These are fair to xcp economic fee
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Never suggested anything supports anything
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well then what does pay to play mean
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what are you paying for ?
what are you playing? -
If I want asset, its not free, cmon, wake up
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where does it live
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Keep trying
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where do all assets live
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and what is the rent
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But that's a named asset. Pointer. Witness data
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and who pays the rent
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and how
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Stamp is a timestamp, data saved of the Blockchain
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So then why use counterparty
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Xcp fee for dex and Dispenser is fair
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you dont know the answer
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We bootstrapped on counterparty because that was the quickest path to get to market particularly on zero budget.
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There was nothing wrong with scaling and innovating, building, growing CounterParty
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There's lots of tools coming online
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Once again xcp.dev never went down...
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Yeah gotcha, you're assuming minting services have these solutions ready before the fee is actually implemented. Depends whether there's coordination between minting services and the community.
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It's quite safe to buy through the verified dispensers here:
https://t.me/xcpdesk -
am i understanding correctly, we have parallel discussions
- services supporting the user side of interaction w/counterparty
- costs associated with maintaining stuff used to keep the counterparty protocol alive and well
or is this wrong? -
And fees for numerics
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Correct
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For me, cool if new users, new infrastructure, but still:
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how is infra and support of infra supposed to be covered for costs?
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i understand this is a/the question
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lends itself to a business model which leads to independant products leveraging the protocol - which doesn't seem to be a thing that exists for counterparty
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Fw has built in option for donations
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does it cover costs, and scale to do so?
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got it, you know nothing
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that's boo bi wan to you
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🙂
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I was wondering, how did he manage to withdraw the funds at such high fees? We're talking thousands of 0.2$'s inputs, basically dust
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had a related issue, though with outputs, pretty pricey to send or decide to consolidate
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Yeah
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I have a 1k$ worth wallet that I can't use at current fees.
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I'd be in the red if I consolidate lol
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lol i think i paid a $700 usd equiv txn fee recently (without looking / casual clicking) due to this
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So yeah those 20k jdog was talking about are probably - 40k 😊
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right, who knows - but potentially costly
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Depends on ordinals traction lol
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who said he would have to? They all end up in an address he controls and he can wait until the mempool clears to consolidate
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Not sure how low fees should be to be able to consolidate 0.2$ outputs
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In profit
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yeah it raises a good point about micro-tipping on base chain. Not gonna be viable forever
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exactly i've been a combination of dumb + lazy to figure out consolidation cost/benefit
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I just max send consolidate. I think the highest I paid $150. Can't be bothered to try and time things.
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and as a side note, now that @mikeinspace is big time, i'd suggest a name change to 'mikeisspace' (which is a better name than my google bard ask gave in the past- just made that one up myself!)
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I'm not big time until I can quit my day job. Not quite there yet
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yeah but mikeisspace reflects the growth/bloat
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and love
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the "iss" in terms of sounds has more vibe than the "ins", "ins" is too 2023
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A friend of mine called him mike MySpace
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get in loser we're 'inng' 'in' to 'iss'
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Dumb question: is ethereum's account-based model superior to a UTXO model in a rising fee environment? What are the trade-offs exactly?
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not a dumb question; pretty interesting one. i think it's got more to do with gas vs bitcoin's fee/byte model tho
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the latter works but is a bit primitive
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(IMO)
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Take ethereum out of it. Just trying to evaluate if an account-based model would be the solution here, or if there are other scaling tradeoffs that occur
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accounts vs utxos, ignoring the gas vs charging per byte?
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so I guess the gas is an inherent aspect of an account-based model?
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nah, it's because ethereum is a general purpose computing platform and especially is needed to avoid infinite loops
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You get it.
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with Bitcoin, more inputs increases the cost of the txn, which is inevitable as you spend. You are breaking bigger utxos into smaller utxos and receiving change. Does an account-based model (if bitcoin could transition to that) solve this issue? There are a lot of UTXOs which will one day be economically non-viable to even spend
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Account-based models gets rid of dust outputs, yes. but lots of performance benefits to utxos
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right. That's the answer I was looking for.
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So as the chain grows it gets exponentially harder to run
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IMO this is very much one of those things which does not have a right answer. there are definite tradeoffs
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I am a clown and I do appreciate the education.
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What exactly are we suppose to do with xcp.dev