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Joey Krug
Decentralizing prediction markets @ + Co-CIO @ . Angellist syndicate @
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Joey Krug 11h
Replying to @QuattroFour44
That’s probably 3 years away
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Joey Krug 11h
How do you extend to more use cases beyond just value transfer? Eg contracts that have more state or even just 0x style swaps
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Joey Krug retweeted
Emin Gün Sirer 14h
Indeed, if Core cared about decentralization, they'd push for more client diversity.
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Joey Krug 21h
Yeah it means you said yes. To close out click close then you can place another trade. For betting against you actually want to sell yes (there’ll be a UI update which also has a clearer version of this that people aren’t hardcore traders can understand)
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Joey Krug Sep 21
Replying to @nicksdjohnson
I’m not sure 100x throughput would result in a 100x present state increase necessarily then, eg if most of that throughput were trading, those storage slots can be zeroed out upon order execution
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Joey Krug Sep 21
Replying to @nicksdjohnson
Could do some sort of historical state pruning, or store lots of the state off chain (if this solution ended up being a layer 2 solution), but yeah, state still a problem
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Joey Krug Sep 21
Still not really. Would need opcode for spv proofs for sidechains + still scalability solutions
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Joey Krug Sep 21
Yeah, not hard to do that imo
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Joey Krug Sep 21
Replying to @Coinosphere
Scale and conversion from btc to rsk is still hard
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Joey Krug Sep 21
Replying to @OaktreeInv
Philosophical not meaning ethics, but rather “we don’t want to copy that other idea that works in practice it’s shitty for reasons x y z” mentality imo
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Joey Krug Sep 21
Replying to @TuurDemeester
Not too hard ^^
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Joey Krug Sep 21
Eh solidity is like democracy, least bad option
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Joey Krug Sep 21
Replying to @davidiach
There’s rapid growth on that metric too!
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Joey Krug Sep 21
Replying to @panekkkk
Not that easy, one doesn’t simply upgrade Ethereum
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Joey Krug Sep 21
Replying to @rabbyte
Formal verification is overrated imo, audits, bug bounties, static analyzers and smt solvers all underrated
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Joey Krug Sep 21
Replying to @OaktreeInv
It is, unless other chains copy quickly. If they’re not willing to copy, they’ll lose. Many will not copy due to philosophical qualms
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Joey Krug Sep 21
Replying to @koeppelmann
No, Ethereum is the only option atm that doesn’t suck. And <1% of liquidity is in markets resolving years from now
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Joey Krug Sep 21
Replying to @joeykrug
The amount of discussion to achieve consensus on anything roughly equals the benefit of open source and being able to easily access new ideas
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Joey Krug Sep 21
People really underestimate how religious + much bike shedding FOSS devs love
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Joey Krug Sep 21
Replying to @clay_space @ljxie
No
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