Will it spread to the rest of us, but more importantly what does this mean for SAFE
1 Like
I don’t think it means much. Nothing technically anyway. It’s about regs for exchanges sending funds to self-hosted wallets.
Presume on Safe a huge number, relatively speaking, will self-host as running a node on SN has should be inexpensive and people will want to USE the network for it’s primary purpose (storage). In the medium term, it will be a problem for those moving tokens from exchanges, but longer term DeFi on Safe is going to break the ability of governments to do anything about it IMO.
3 Likes
“self hosted wallets” - we used to call these just wallets. So really they want us all to use exchanges to store our crypto in a more centralised way. If you don’t own the keys you don’t own the crypto.
They are just destroying the whole point of crypto. Typical politicians.
The equivalent real world example would be to outlaw cash unless you could prove who owned that bank note before you. Am I right in that interpretation?
9 Likes
Something like that…
6 Likes
It’s not the politicians it’s the bankers/corporations hiding behind their bought and paid for politicians.
7 Likes
The solution to the problem is having an internal crypto economy. Then you don’t need exchanges. Then they can’t control the on and off ramps.
If they keep making laws like this, they may well push it to happen sooner rather than later.
11 Likes
4 Likes
4 Likes
I think @maidsafe should prevent similar name spoofing in NRS names. For example implement something like IDNA.
idna v0.2.3 appears to have no README.md file
1 Like
It has documentation on doc.rs and tests and benches in github repo. Usage seems very simple with a struct (Idna) having 2 methods (to_ascii and to_unicode). Maybe Config struct would need more explanations and suppose knowledge of Unicode Technical Report #46 as a prerequisite.
This is very serious stuff developed by Servo team from Mozilla at the origin of Rust language.
1 Like
A post was split to a new topic: Buying a new PC
It allows you to build networks over LoRa or Packet Radio, WiFi or fiber optics (or anything actually), and to connect those networks together.
Or anything:
October 1960, summary:
Application of earth current communication techniques to a portable communications equipment for operation over ranges from 2 to 300 miles. Propagation and noise characteristics are considered for frequencies up to 100 kc.
Maybe an unused consumer-Power line-kit will do?
Having to adapt the adapters in order to prevent the mains supply from appearing at either one of the stakes outside in your garden:
7 Likes
46 posts were split to a new topic: Musk and Twitter
I guess this is good for UK folk?
Better than what the EU is doing it seems.
The Treasury has announced that it will regulate some cryptocurrencies as part of a wider plan to make the UK a hub for digital payment companies.
2 Likes
Privacy. Security. Freedom
3 Likes
For the next Safe meetup in Sofia, in addition to a Safe NFT, there will also be a Safe Badge!
Privacy. Security. Freedom
13 Likes
That’s cool
4 Likes
Talks about the need for a digital cash without a paper trail, but with KYC/AML as set out in the US ECASH Act. It envisages implementation in hardware. It’s interesting that there are moves towards digital cash from US lawmakers.
The supporters of the ECASH Act want to force Congress to take a stand on the issue. “Protecting the liberties that we have always enjoyed with physical cash in a digital form is going to be essential to preserve the liberties that we already have,” says Rohan Grey. “If people want to get rid of privacy, they should probably own that.”
https://twitter.com/IvanaBartoletti/status/1511911676358057988?s=20&t=sWcka6wOTVuXkjHoufBWEQ
3 Likes