Aspiring polymath. Applied R&D @ Privacy and Scaling Explorations #maker #Ethereum🦇🔊🐼🐍🟨🦀 Trying to make the internet better. Opinions are my own and subject to change

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Joined 1 year ago
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Cake day: June 20th, 2023

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  • It will still have some state, things like merkle roots will still be verifiable, and any derived/state that isn’t kept from the main chain will have some form of proof that links it to the main chain.

    Most actual transactions/normal user stuff is moving to layer 2 chains, which commit a hash or proof of their state to the main chain. So they will still carry their state, but rely on the security of Ethereum main net.

    There will still be archive nodes that store everything that’s ever happened, but being a full archive node won’t be required to run a normal node as a validator or as a user. This allows the network to be more decentralized without every node needing 2-4TB of fast nvme to even do anything.







  • They have been experimenting with this on /r/cryptocurrency for a long time. I was a moderator in that ecosystem and am good friends with some of the mods there. I’ve always been weary of moons, but I didn’t think they would actually bring it to the whole platform.

    This is definitely a paradigm shift that’ll be an interesting dumpster fire to watch.

    I work on Ethereum related things full time (and love the core parts of it), but I also, like you, think most crypto stuff is a slimy scam. Stuff like this is exactly why. It’s a way for reddit to encourage bots to farm karma for real/fake money on garbage repost content.

    I know crypto/blockchain in general is mostly hated in this community, and stuff like this absolutely does not help.


  • In some ways yes, but current solutions arent always the best solutions. They aren’t always the most secure, or the fastest, or the most private, or the most trustworthy. With almost all main stream solutions, you have to trust some company, and then they have their fees, and sell your personal information to data brokers, and they try to get you in debt, etc. It’s not a solution looking for a problem, it’s a solution that isnt nearly as easy to use as current systems (yet), but all the hype has let scammers ride the wave.

    Crypto is far from perfect, we have plenty of work to do, but don’t discount it entirely. There is a lot of smart people with good intentions working on the core technologies, that want to see a better world, me included. Definitely continue to be skeptical, but don’t write it off.


  • I believe it’s the future and I 100% understand how it works. There are a ton of bad ideas, scams, and money grabs… But at the core the fundamental technologies have a lot of potential.

    Edit: to those that downvote, I’m willing to be civil and discuss if you want. If you want to down vote and move on that’s cool too, I definitely get the skepticism.

    We all want a free and better Internet, that’s why we are on lemmy. The core principals of bitcoin, Ethereum, monero (and a few others) are that. I don’t want scams, or a bunch of “digital collectible”/nft cash grabs either.