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Joined 2 years ago
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Cake day: June 22nd, 2023

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  • A lot of crypto isn’t blind luck any more than the stock market is. I’ve made smart, strategic, well researched crypto investments over 13 years and it’s been quite successful. Bitcoin, Ethereum, Solana, Sui…

    If you keep up with the engineering and filter all the noise, it’s historically been really smart investment / store of value.

    That said if you’re just following influencers and aren’t an engineer or have a keen eye for finding truly knowledgable people - yeah it’s risky af!!




  • Tezos would still require all nodes to upgrade to the code which contains the new algorithm. It can’t just automatically know what the new code is. It then can schedule these to activate at a certain block using a signaling system of some sort. If some nodes didn’t upgrade, this would cause a hard fork if the version they are running doesn’t have the new version required to run the new algorithm

    Its behavior and process as outlined in the link you sent is no different from other chains.

    Bitcoin uses version bits to perform these types of upgrades (see bip 9 implemented in 2016)

    Ethereum uses something similar. Solana’s activation mechanism is called “feature gate activation”.


  • It’s the same with all the chains. An algorithm change is a breaking change. If you don’t implement it, your validating node will not continue with the rest.

    Bitcoin has the BIP (Bitcoin Improvement Proposal) process. BIP-52 is an example of a proposal to change the algorithm due to energy concerns.

    If the humans reach consensus it will change. However, I maintain that software can’t be programmed to adjust for social concerns - the humans have to change it.



  • lol it can’t adjust on public approval. It’s software that runs. It’s valuable. If it wasn’t, people wouldn’t run it.

    It can hard fork with a consensus mechanism change anytime someone writes one and people decide it’s the best path forward. Ethereum decided this and did this.

    That’s not happening with Bitcoin because those that understand how it works agree it’s the best system to use.

    I use Bitcoin as a store of value, and Solana for day to day stuff and financial investments like lending and liq providing. That’s my preference, for now. It’s a very fluid industry, nothing is set in stone, although Bitcoin appears to be pretty solidly the preferred secure store of value.










  • Cognitive ability is a far better test. I used to be a raging alco, like real alco, not just daily drinker. The levels I functioned at would kill most people.

    Of course I still have alcoholism, but I haven’t drank in 12+ years. While I don’t condone drinking and driving at all - in fact it makes no sense at all in this age of ride sharing - but if I were on a jury I could be swayed by a heavy drinker excuse. 🤷‍♂️