https://ergoplatform.org/ logo
Join Discord
Powered by
# 🗣│general
  • l

    Loc

    05/24/2023, 10:58 AM
    I wonder if we can get Tangem wallet support, seems like the next big hardware wallet and is easier to integrate the app given Ledger dug their grave
  • g

    Glasgow

    05/24/2023, 10:59 AM
    They're working on integration already.
  • l

    Loc

    05/24/2023, 10:59 AM
    Oh didnt know, thats brilliant thanks
  • t

    thecolj

    05/24/2023, 11:09 AM
    (re @thecolj : @User how to add addresses to an Ergo ...) you need to add the wallet with extended public key or mnemonic to derive addresses.
  • t

    thecolj

    05/24/2023, 11:12 AM
    Looks like someone really enjoyed playing plinko 😯 https://vxtwitter.com/Polygenetic/status/1661320505943785473
  • t

    thecolj

    05/24/2023, 1:23 PM
    Btw, to add to recent monetary policies discussions, do you guys know that Satoshi programmed infinite supply of Bitcoins in its emission code, and then it was fixed in a fork which will be activated in 23rd century ? https://github.com/bitcoin/bips/blob/master/bip-0042.mediawiki
  • t

    thecolj

    05/24/2023, 1:24 PM
    "Although it is widely believed that Satoshi was an inflation-hating goldbug he never said this, and in fact programmed Bitcoin's money supply to grow indefinitely, forever. He modeled the monetary supply as 4 gold mines being discovered per mibillenium (1024 years), with equal intervals between them, each one being depleted over the course of 140 years. "
  • t

    thecolj

    05/24/2023, 1:26 PM
    EIP 27 is way more conservative change than bip42
  • t

    thecolj

    05/24/2023, 1:42 PM
    Same path from Satoshi also for the blocksize: originally blocksize wasn't 1MB. Quote from Satoshi: "A higher limit can be phased in once we have actual use closer to the limit and make sure it's working OK."
  • t

    thecolj

    05/24/2023, 1:44 PM
    In ERGO miners have pretty much control over it
  • t

    thecolj

    05/24/2023, 1:45 PM
    It makes sense - long term network security either with tail emission or limited block size and expensive tx cost
  • t

    thecolj

    05/24/2023, 1:51 PM
    (re @EPattt : It makes sense - long term network security ei...) Everyone has their own idea, including myself I have mine, and many here know it, the decisions have already been made with the consequences that we all know from 1st August 2017
  • t

    thecolj

    05/24/2023, 1:54 PM
    Btc cash doesn't have tail emission and also cheap tx. So not much for long term security imo
  • t

    thecolj

    05/24/2023, 1:57 PM
    Myself' Ibquite like the idea of small indefinite tail emission.
  • t

    thecolj

    05/24/2023, 1:57 PM
    (re @kushti_ru : EIP 27 is way more conservative change than bi...) My friend that BIP is an april fools joke
  • t

    thecolj

    05/24/2023, 1:59 PM
    😁, if true, but that would solve a lot of problem
  • t

    thecolj

    05/24/2023, 1:59 PM
    (re @mewtoshi : My friend that BIP is an april fools joke) PR merged into master also? https://github.com/bitcoin/bitcoin/pull/3842/files
  • t

    thecolj

    05/24/2023, 2:00 PM
    Maybe I mixed it up with another bip
  • t

    thecolj

    05/24/2023, 2:01 PM
    See line 1182 forcing block reward to be zero after 64 halvings
  • t

    thecolj

    05/24/2023, 2:07 PM
    https://twitter.com/bitnorbert/status/1601304835533332482 Dunno
  • t

    thecolj

    05/24/2023, 2:08 PM
    .
  • t

    thecolj

    05/24/2023, 2:08 PM
    https://www.reddit.com/r/Bitcoin/comments/3gnem1/bip42_blockstream_guy_fundamentally_changed/
  • t

    thecolj

    05/24/2023, 2:10 PM
    Ok, the content is written in a joking way so I thought it's an april fools joke but the joke is that it's not a joke
  • t

    thecolj

    05/24/2023, 2:11 PM
    Edit: I have no idea
  • t

    thecolj

    05/24/2023, 2:21 PM
    > I'm the author of BIP42. > BIP42 is not where the 21 million supply comes from. If you read any document about Bitcoin's early history the 21 million limit is almost universally mentioned. I guess there are many people these days that didn't know Bitcoin before 2014, but it wasn't that long ago. It seems completely unrealistic to think the Bitcoin ecosystem would ever have accepted such a dramatic change in its economic policy. Having the policy being fixed in stone and beyond influence of a central bank - or anyone - is one of Bitcoin's primary selling points. > Furthermore, BIP42 doesn't even claim that it is the origin of the 21 million limit. It claims (jokingly) that Bitcoin was designed to look like it had a 21 million limit, but through underhanded programming didn't actually do that. > The reality is that ever since the January 2009 release of the software, the 21 million limit was there, coded in by Satoshi. In March 2014, "ditto-b" on Github noticed a bug in the implementation in Bitcoin Core (and not in other software), that would result to start another cycle of 21 million bitcoins to be issued 250 years in the future. We took advantage of that situation to write an April's Fools BIP that proposed his fix as an actual consensus rule change (which was correct), but also incorrectly misrepresented reality as that bug being intentional.
  • t

    thecolj

    05/24/2023, 2:22 PM
    Truly irresponsible
  • t

    thecolj

    05/24/2023, 2:26 PM
    (re @User : In ERGO miners have pretty much control over i...) The downside is that if Bitcoin had this functionality miners would vote for 100kb blocks in order to increase profits
  • t

    thecolj

    05/24/2023, 2:27 PM
    (re @mewtoshi : https://twitter.com/bitnorbert/status/16013048...) Sir, the code is precise thing, you can run it and find that there is no any joke here. I made simple runnable example of initial emission according to Satoshi's vision: #include int main() { int nHeight = 13500000; int64_t nSubsidy = 50 * 100000000L; int halvings = nHeight / 210000; int64_t br = nSubsidy >>= halvings; (std::cout) << "Epoch: " << halvings << " emission: " << br ; return 0; } So you can run it and find that in epoch #64 (when the second gold mine is discovered) emission is 50 BTC again indeed. I am not sure why using right-shift is called a bug by bitnobert, does he know C++ even ?
  • t

    thecolj

    05/24/2023, 2:40 PM
    Interesting, another interesting thing I found today related to Babel Fees:
  • t

    thecolj

    05/24/2023, 2:40 PM
    Paymaster is the Ethereums 'answer' to Babel Fees. Interesting talk.

    https://www.youtube.com/watch?v=N9a4IMDIIGY▾

1...469246934694...4733Latest