Ethereum is committing one of the economic ideas that typically backfires. In this case, the issue is that most people dont run an Ethereum node and its a threat to the decentralization of the network. So what they have manged to do is force anyone who stakes to run a ethereum node. What could go wrong? Maybe less people will stake. Maybe they will only stake via 3rd parties which also increases centralization.
And if we want to get really pessimestic, ISPs may be looking at how to reduce bandwidth on their network, to save money. And the ISPs may discover that Ethereum, and the homestakers specifically, are consuming an enormous amount of bandwidth. And then the ISPs will update their terms and prohibit any crypto/blockchain related node activity. I hope it doesn't come to that. But that honestly seems to be the outcome with the way Ethereum is acting. Their sharding solution, which is coming in a few years, which is just a fancy blocksize increase, will increase bandwidth consumption further.
And if we want to get really pessimestic, ISPs may be looking at how to reduce bandwidth on their network, to save money.
Why wouldn't they just charge more?
The real issue is how censorship resistant such high bandwidths will be. It will be trivial for hostile governments to locate and shut down Ethereum archival nodes if, as Vitalik wishes, the blockchain grows by 85Tb/year:
Wouldn't there be an ISP that just sells a different pricing tier for internet? A "high-bandwidth" or "low-bandwidth" package? Don't we kindof already have that? Err, at least we did.
Today I managed to get my eraly game prototype (mentioned yesterday) up and running on RaspberryPi and made it available via IP. In the next days I will try to link the raspi IP via DynDNS.
Also good sleep can partially help with anxiety - make sure you always give yourself at least 8 hours to sleep.
It's ok if you don't sleep the whole time, but give yourself the time. One idea is to set up alarms on both sides - alarm when to go to sleep and alarm when to wake up.
For example a podcaster has their content posted multiple places, video/audio etc. People will obviously comment wherever they want, but if the host said "hey go over to the official SN thread for this episode" all the infrastructure is just here waiting for them. Win/Win for everyone seems to be just an issue of promotion or incentive.
I see. I think most content people, particularly bitcoiners, are skeptical of dependencies and would prefer no one "own" their audience if they can't "own" them for themselves. For podcasts in particular @MerryOscar at fountain has thought about this quite a bit and introduced a spec for podcasters to easily host v4v comments.
We are also still really small and these kind of natural partnerships take time to emerge. A handful of folks have already begun doing what you suggest though. It just hasn't taken off yet.
I love fountain and use it exclusively (until it crashes or if the search function doesn't find what I specifically type in [hint hint devs]). I see it as a sibling to this site.
I get that we are just not there yet which is why I was asking the obstacles. Unless you see it as a problem it seems like an application worth discussing.
Doesn't seem like "dependency" although I see your point that creators could interpret it as such. But that would be the obstacle to overcome mutually with them.
Getting started on writing the newsletter. Then Pleb Lab has a workshop on the Bitcoin whitepaper led by an SN user (that I don't want to doxx in case it's a compartmentalized nym).
Then I'm probably going to a framing store to get two reproductions I have re-matted. I recently found a lithograph of Jose Manuel Capuletti's Not Guilty that I'm super excited about and I have a shuttle launch photo I found at a thrift store that has yellowed matting.
sorry to bump in, but im a fan of stills from movies and then getting them printed on aluminium. its cheap and comes out great and is durable. you can create your own unique collection this way :) but maybe movie stills is a bit boring for most people. carry on
Due to liquidity issues :), I don't really collect, but I do try to find stuff I like and put it somewhere I can look at it. I love art and I hate bare walls.
What's your favorite piece that you own?
My friend Doug is a painter. I bought a piece from him years ago and we keep that in the living room. I'm not sure it's my style (abstract), but the sentimental value is high and its well executed.
Have you made any works yourself?
I used to oil paint, years ago. I gave away all the finished pieces over the years, but I have a few canvases I haven't finished in the garage.
This would be more fun if the first replier committed to the same. And then, their first replier did the same. Albeit, by that point, you're at risk of sybil attacks. Oh well.
Starting from 2000, it would take 40 replies to run out of bitcoin, assuming sybil free.
I want to run a lightning node soon (thinkpad t420). What is the minimum channel size I should go for? I am thinking about allocating 0.1 BTC but that will be spread out across n channels so they would have about 0.1/n BTC only. Do you think this will be accepted by other nodes and help the network?
I am not looking for a profit, but I also don't want to lose 0.1 BTC due to closing fees etc.
Tonight Chimp98 and I will do another week of experimenting with a livestream podcast, and we may even get LIT tonight. I'll make a post as soon as I know for sure because I'd love for people to send me sats to read their messages over the live internet.
Also, tomorrow I will host another Bitcoin Brunch in Miami at Naomi's Garden from 10am-3pm. I invite you all!
Laws need to be reset. We need to return to a state where the initiation of violence and theft are the only things that are illegal so that we can be free and prosperous again. And by the way, taxation is theft.
When are we gonna have substacks? I have so many topics I want to write about and post about, that are not really relevant to everyone but for a specific category would be great to share.