|
Eric Wall IS RIGHT
@
ercwl
Stockholm, Sweden
|
|
|
|
|
9.614
Tweetovi
|
2.153
Pratim
|
27.312
Osobe koje vas prate
|
| Tweetovi |
|
Eric Wall IS RIGHT
@ercwl
|
2 h |
|
That's not why I circled it, I circled it because I thought given your role you should be knowledgeable enough to understand the scenario I was describing :)
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
21 h |
|
So glad someone is funding this!
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
23 h |
|
👏👏
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
5. velj |
|
Tons of issues with this approach:
- Who makes this transaction?
- Which guarantees do you have that the timelock is renewed properly?
- What about additional revenue streams that make it into the DAOs control?
- n-of-n multisig
|
||
|
|
||
| Eric Wall IS RIGHT proslijedio/la je tweet | ||
|
Rhythm
@Rhythmtrader
|
5. velj |
|
The best explanation of why we need bitcoin in single minute. pic.twitter.com/nWYdYgFPbL
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
It's true you can have a DAO, but it's also true the Bitcoin DAO can't do everything one may want. For instance, you wouldn't be able to encode a simple thing such as a rule into the Bisq DAO that enforces a monthly spending limit that cannot be overriden by BSQ token holders.
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
Thank you! 28 comments to that tweet and no one even thought to read what it said. What a ride.
|
||
|
|
||
| Eric Wall IS RIGHT proslijedio/la je tweet | ||
|
muXxer
@der_muXxer
|
4. velj |
|
Hi @ercwl! You are absolutely right, all these claims are wrong regarding the current #iota main net. We are working hard as a community to improve the technology, but it will take time. I don't understand the toxic reactions of some community members regarding your tweet. twitter.com/ercwl/status/1…
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
But now you're just talking about what essentially amounts to transaction batching cost savings?
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
How does @AaveAave help you avoid fees?
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
Thanks. It is very refreshening and enlightening to hear your takes on the Ethereum ecosystem.
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
You mean opt-in upgradeability?
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
Good point! When you say "restrict", things that come to mind are e.g. time delays and withdrawal limits. Even contracts that use oracles/admin keys can be made to have to abide by such restrictions. It's impossible to guarantee such restrictions via open APIs to central systems!
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
I did build some stuff! And I am building.
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
Just so I know for the future, how long should it take from the moment I predict a thing until it happens for it to count? If it's 3 years, it seems like it's "old news and backbiting", so what should I aim for? Should I focus only on things I can prove within 1-2 years? 🤔
|
||
|
|
||
| Eric Wall IS RIGHT proslijedio/la je tweet | ||
|
00xou
@00xou
|
4. velj |
|
A few people are considering the possibility that maybe just maybe David may have scammed investors pic.twitter.com/SB61sXpNmr
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
The mgmt fee is paid out because the fund manager is providing investors with exposure, not because they're voting excellently. It's just logical from the investor's perspective to proxy their votes to the actor who made the allocation. It's not what they're primarily paying for.
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
You conflate shareholder voting & wealth mgmt. If I have USD deposited with a fund, I am paying fees to the fund because they're managing my USD in *other assets*. But if I'm a shareholder, I don't proxy my vote to some other guy at the shareholder meeting for a 1% fee.
ZzZz
|
||
|
|
||
|
Eric Wall IS RIGHT
@ercwl
|
4. velj |
|
No, shareholders do not pay management fees of 0.1-1% to delegate their vote to some representative in shareholder votes.
|
||
|
|
||