https://ergoplatform.org/ logo
Join Discord
Powered by
# 🗣│general
  • A few cardano devs have said this would be a great feature to add to ergo, I know Ilya did an EIP awhile back but I think ran into some issues
    t

    thecolj

    04/07/2023, 9:37 AM
    A few cardano devs have said this would be a great feature to add to ergo, I know Ilya did an EIP awhile back but I think ran into some issues
  • what would the use case be?
    t

    thecolj

    04/07/2023, 9:37 AM
    what would the use case be?
  • just another point of failure in most cases
    t

    thecolj

    04/07/2023, 9:38 AM
    just another point of failure in most cases
  • > (re @Pulsarzz : *what would the use case be?*) https://www.ergoforum.org/t/reproducible-assets/4040
    t

    thecolj

    04/07/2023, 9:40 AM
    > (re @Pulsarzz : what would the use case be?) https://www.ergoforum.org/t/reproducible-assets/4040
  • "*Alternative* An alternative solution to reproducible assets could be to issue max amount of tokens possible in Ergo at once and then lock them on some wallet or smart-contract (vault), declaring the emission as MaxAmountMint - LockedAmount. Then minting operation would be equal to unlocking assets from vault and burning operation would be equal to returning coins back to vault. The problem is that there is no way to guarantee correctness of burning, unless bundling tokens with some script, what imposes serious comlication on the implementing side (apps, wallets that are going to support such an asset standard). Without consistent burning there is no way to precisely calculate emission in constant time. "
    t

    thecolj

    04/07/2023, 9:41 AM
    "*Alternative* An alternative solution to reproducible assets could be to issue max amount of tokens possible in Ergo at once and then lock them on some wallet or smart-contract (vault), declaring the emission as MaxAmountMint - LockedAmount. Then minting operation would be equal to unlocking assets from vault and burning operation would be equal to returning coins back to vault. The problem is that there is no way to guarantee correctness of burning, unless bundling tokens with some script, what imposes serious comlication on the implementing side (apps, wallets that are going to support such an asset standard). Without consistent burning there is no way to precisely calculate emission in constant time. "
  • hmm
    t

    thecolj

    04/07/2023, 9:42 AM
    hmm
  • There new explorer UI? When?
    t

    thecolj

    04/07/2023, 9:50 AM
    There new explorer UI? When?
  • He's lost 🤔
    t

    thecolj

    04/07/2023, 9:51 AM
    He's lost 🤔

    https://cdn.discordapp.com/attachments/668903786902847502/1093835426407645225/file_108200.jpg▾

  • The only thing burning at the moment are my neurons
    t

    thecolj

    04/07/2023, 9:52 AM
    The only thing burning at the moment are my neurons
  • Have you ever considered implementing burning of part of fees as on eth or polygon. Was that the assumption?
    t

    thecolj

    04/07/2023, 9:54 AM
    Have you ever considered implementing burning of part of fees as on eth or polygon. Was that the assumption?
  • > (re @abdulllkrem : *He's lost 🤔*) They tried crowdfunding with raffle too
    t

    thecolj

    04/07/2023, 10:03 AM
    > (re @abdulllkrem : He's lost 🤔) They tried crowdfunding with raffle too
  • > (re : *<cafebedouin> There's a fixed supply. There's ...*) Well, that's not to say something like that is not possible
    t

    thecolj

    04/07/2023, 11:11 AM
    > (re : There's a fixed supply. There's ...) Well, that's not to say something like that is not possible
  • But probably not a good idea since that means the supply will only shrink over time
    t

    thecolj

    04/07/2023, 11:12 AM
    But probably not a good idea since that means the supply will only shrink over time
  • Imho, burning token / deflationary is over rated.
    t

    thecolj

    04/07/2023, 11:13 AM
    Imho, burning token / deflationary is over rated.
  • In a non fixed supply ecosystem it sorta makes sense
    t

    thecolj

    04/07/2023, 11:13 AM
    In a non fixed supply ecosystem it sorta makes sense
  • some days inflation some days deflation
    t

    thecolj

    04/07/2023, 11:13 AM
    some days inflation some days deflation
  • > (re : *<cafebedouin> My understanding is that the inp...*) True burning cannot indeed. "fake burning" them by sending them to a void address still possible.
    t

    thecolj

    04/07/2023, 11:24 AM
    > (re : My understanding is that the inp...) True burning cannot indeed. "fake burning" them by sending them to a void address still possible.
  • > (re @Pulsarzz : *True burning cannot indeed. "fake burning" the...*) That's the same end as locking and unlocking though right?
    t

    thecolj

    04/07/2023, 11:24 AM
    > (re @Pulsarzz : True burning cannot indeed. "fake burning" the...) That's the same end as locking and unlocking though right?
  • sure, but can't unlock them if you send them to an address that has a sigmaprop that always return false (see ergo docs)
    t

    thecolj

    04/07/2023, 11:25 AM
    sure, but can't unlock them if you send them to an address that has a sigmaprop that always return false (see ergo docs)
  • but yes, they are not burned :)
    t

    thecolj

    04/07/2023, 11:25 AM
    but yes, they are not burned :)
  • I guess that's just as verifiable in the end so would work 😊
    t

    thecolj

    04/07/2023, 11:27 AM
    I guess that's just as verifiable in the end so would work 😊
  • > (re <@524842021798674452> : *I guess that's just as verifiable in the end s...*) When will rosen be available for public testing?
    t

    thecolj

    04/07/2023, 11:52 AM
    > (re @User : I guess that's just as verifiable in the end s...) When will rosen be available for public testing?
  • Not sure to be honest, soon 😅
    t

    thecolj

    04/07/2023, 11:53 AM
    Not sure to be honest, soon 😅
  • <@849739045444911184> cant find woodennickels on spectrum , need the pool id 🙂
    h

    HQΣr | Wont Dm

    04/07/2023, 12:05 PM
    @cafebedouin cant find woodennickels on spectrum , need the pool id 🙂
  • Might need to import first. Just search for it from Swap.
    c

    cafebedouin

    04/07/2023, 12:42 PM
    Might need to import first. Just search for it from Swap.
  • got it, its becuase u are running sigrsv pool not erg
    h

    HQΣr | Wont Dm

    04/07/2023, 12:44 PM
    got it, its becuase u are running sigrsv pool not erg
  • h

    HQΣr | Wont Dm

    04/07/2023, 12:46 PM

    https://cdn.discordapp.com/attachments/668903786902847502/1093879408491778070/image.png▾

  • @HQ3rr it;s not showing up in the test-markets api for some reason
    t

    thecolj

    04/07/2023, 12:48 PM
    @HQ3rr it;s not showing up in the test-markets api for some reason
  • only showing up in old markets api
    t

    thecolj

    04/07/2023, 12:48 PM
    only showing up in old markets api
  • resolved :)
    t

    thecolj

    04/07/2023, 12:48 PM
    resolved :)
1...427242734274...4733Latest