Loopring: zkRollup Protocol for Scalable DEXes and Payments on Ethereum
Loopring is an Ethereum layer 2 solution: an open protocol for building high-performance, non-custodial exchanges and payment applications on Ethereum. Our infrastructure leverages zkSNARKs to scale throughput, lower cost, and build DEXs & payment apps that feel as performant as centralized alternatives - with 100% Ethereum security guarantees.
Time to slay this bullshit "fee market" dragon: "[Bitcoin] would be worse if we had 100X more users" - /u/belcher_
Context. In the context, "all this fuss" refers to Core's new invented "need" for blocks to be full, but I think we can safely assume from the further discussion in the thread that belcher_ is unironically making one of those classic IT jokes that "the business would run a lot more smoothly without all the pesky customers." In the thread I call him and Greg both out for missing the 800lb gorilla - namely, with 100X more users, the subsidy (now ~$10K) would be far, far more valuable! In the past Greg has pointedly ducked discussion on this issue and I think it's time to call Core out into the open. Theymos didn't care if 90% of users left. Belcher_ thinks that Bitcoin would be worse if we had 100X more users. And Greg refuses to comment on the painfully obvious point that the value of the subsidy has much less to do with the number of Bitcoin received per block and much more to do with the demand for those Bitcoins. OK Core. Let's throwdown. You want to solve the problem of dwindling subsidies by raising fees and driving away usage. I say we can better solve the problem of dwindling subsidies by raising the price of Bitcoin by onboarding more users by keeping fees low. Remember: the more valuable the Bitcoin, the greater the security offered by the mining network. I also say that any attempt to solve today a software problem that only manifests more than 100 years from now is a poster-child case of the Nirvana fallacy. TL;DR the "need to create a fee market now" puts us on a stagnation strategy of limited onchain capacity, fewer users and higher fees because it presumes Bitcoin price can't go up. Instead we should remain on a growth strategy now and for the foreseeable future to ensure that Bitcoin value remains high and fees can stay low.
I will not got first. If you are in the US and we happen to be close we can meet in person if you want. Or not, or trade ID. But I will not go first. thanks, Also have a trade I can do, would be a ST 97% FN Fade Bayonet. and a FN AWP Hyperbeast. (plus the above money obv)
Фотографии знаменитостей и авторитетных предпринимателей, в том числе участников программы Dragon’s Den, Пирс Морган, Джеймс МакЭвой, Илон Маск, Ричард Брэнсон и Мартин Льюис, постоянно используются биткоин-мошенниками для обмана людей. Актёр #Bitcoin #scam #Криптовалюта
Hello my name Is Polo G, I am currently on the market looking to buy new Items/Skins In csgo I currently also have over $4000+ inventory up for trade! Mainly looking for knives and high tier skins +CashRep +Hundreds of successful transaction Add me on steam or Message me on Reddit for more information or to discuss thanks a lot everyone! https://steamcommunity.com/profiles/76561198883789710/
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