The Defi projects such as Yearn finance have copied from maidsafe the term “vaults” and “farming”, shame. yEarn Finance Is Turning Every DeFi Trader into a Whale - Crypto Briefing
Let’s hope when the Safe network goes live it’ll provide the best platform for legit defi projects to build on without massive fees & slow transactions.
Could be a big opportunity given the sluggishness of current blockchain solutions.
It not be slow forever… 2000 tps https://zksync.io/
Does eth not require 3 blocks verified before you can spend that transaction?
I’m guessing not as you said before with reference to a liquidity pool that someone had sent various transactions within 1, even though they all needed to be processed by different platforms before the coins could move forward to the next platform.
ZK Sync is built on the concept of ZK Rollup.
In a nutshell, ZK Rollup is an L2 scaling solution in which all funds are held by a smart contract on the mainchain, while computation and storage are performed off-chain. For every Rollup block, a state transition zero-knowledge proof (SNARK) is generated and verified by the mainchain contract. This SNARK includes the proof of the validity of every single transaction in the Rollup block. Additionally, the public data update for every block is published over the mainchain network as cheap calldata.
instant tx receipts
Validators elected to participate in ZK Sync block production will have to post a significant security bond to the ZK Sync smartcontract on the mainnet. A consensus run by the validators provides a subsecond confirmation to the user that their transaction will be included in the next ZK Sync block, signed by a supermajority of ⅔ of the consensus participants (weighted by stake).
Wow… Bitcoin lost €1000 very quickly.
Profit takers begining to exiting this pump n dump round?
Might get an end of year sale in a few months.
Cash is king then?
I don’t know… The USD continues to weaken. Expect gold to continue its ascent soon. Agree on the stock bubble, but I just don’t think this is the “pop” yet. Time will tell…
Mods please delete if inappropriate.
I’m looking to purchase around 800 ETH for £25kish or $30kish on behalf of a contact. Anybody want to do a quick deal?
very happy to escrow this through one of the “elders” in here if that would make any potential partners more comfortable.
I would sooner see any margin kept within the community before I go out to the usual suspects.
I’ll have some ETH for $30 if anyone is selling at this price
Happy to send you $30 worth of ETH - less Tx fees and BURP (Budvar Uplift Recovery Premium)
please DM your ETH receiving address
wow… what is going on in the markets atm.
MAID is up in position (150) despite being down a little… looks like swathes of others are sliding hard. Notable those are too many coins I’ve never heard of (wtf is SushiSwap at 100 )
=20%+ in many
I’m glad MAID doesn’t suffer too much speculation and P&D.
I guess it’s just another round of a whale trying to hammer crypto… such coordinated rise and fall, I wonder some traditional finance method and resource is being applied to bleed noobs, every few months the same gotcha occurs…
I keep hoping that the market is getting wise to which projects have any merit and that real value will pile onto SAFE, in the way it truly deserves.
MAID is keeping its value very well down at this level.
Uniswap is currently the most popular dApp on Ethereum. SushiSwap is something like Uniswap but with a bit different rewards and incentives. It is described here:
https://gist.github.com/64a8d07ffd985015635373794ee61eed
Ah… has me wonder how many are ETH apps. Not that I’m that interested but I guess the relative sense of BTC/oldcrypto and ETH is useful to be aware of.
The reports are saying the anonymous founder of sushicoin has done an exit scam
They claim to have done a Charlie Lee (dump but stay active with development). Always some drama in the crypto space!
Because it is so difficult to sell or buy, 0 exchanges for US citizens
But the Sous-chef is still there if I’m correct
Anonymous leader. Leaves me brimming with confidence for the future. It must be Kanye West