ethmelbourne

Join us this Wednesday (May 13) for a brain-teasing puzzle session and some good eats

Come hungry for both food and fun!

https://lu.ma/rrrag4qi?locale=en-AU

commonware.xyz

favourite thing about this app is how tiny the pfp click box must be

very few systems prog posts here but idk if I’m just early or isolated

scraping being so painful now is a sign of a dead Web

So we’re RISC-V now and Farcaster is still on the content coin shenanigans from last week

There’s something so perfectly ethereal about Giorgio de Chirico’s work

cryptobanking

The 4 prices of money:

- Forex (Price vs. Other Monies)
- Interest rates (Time swaps of the asset)
- Price vs. Commodities (Price vs. stuff)
- Peg (Price vs. equivalents)

Crypto USD peg breaks are pretty much impossible to manage if the asset isn't backed by dollar-like assets, like short term bills or at least extremely liquid high quality assets.

It's kind of noteworthy sUSD got this far without peg breaking when it's only backing is SNX.

summary

This is a very good article by @AustinAdams10 on the failure of the $IRON peg way back in 2021 (a run that I recall watching in near real-time). https://t.co/CN6DfeLZS1

Jack

https://x.com/secjack_/status/1912749156361506997?s=46

Honestly just recency bias, I only got around to reading the HotStuff paper this week

@bayardo.eth how amenable do you think the current Commonware consensus engine would be to a HotStuff implementation?

I’m gonna make a SaaS for deep security in web3

are these channels or are there group chats on here too?

Books

₊‧°𐐪♡𐑂°‧₊ writing about digital art & curating things 
₊‧°𐐪♡𐑂°‧₊ Artistic Manager @ Artpoint.
Building /lanparty 💾 Hosting /curation ✨

i’m pretty jealous of ancient philosophers

they really benefited from all the low hanging platitudes 

like damn i’m in competition against the whole internet for one iota of originality and they got famous for bangers like:

“what doesn’t kill you makes you stronger” or “patience is a virtue”

This reminded me of a thought train in how generalizable proof of work mining is as a concept. 

A new territory, market or field opens up and doing the easy and obvious is super valuable in the long term. 

New thoughts and concepts are as easy as mining bitcoin on a laptop in 2010.

I don’t get what the additional verification steps do/achieve