Left curve take:
- Doesn't take into account that small stakers can't compound their staking rewards as easily as larger ones
- Doesn't understand that network complexity increases exponentially with the number of nodes
- Thinks that every node runs on its own machine
Doesn't really help network.
Lowers total validators to pull from -> lower redundancy.
Means staking shops will pool more ETH on single validator -> higher slashing risk for users.
Only benefits wealthy staking services and no one else.
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I gotta admit that @SECGov @GaryGensler did something right. Browsing CT hasn't been as entertaining in ages compared to last couple of days. Everyone just chose violence ✊
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Can someone make a 10k NFT collection called Greedy Gary so entire CT can larp as out favorite regulator?
@yugalabs
@ZAGABOND
@goblintown
@ratwell0x
@miladymaker
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It's ok to be mad at @GaryGensler for the way he runs his agency. But remember that even he answers to somebody and that somebody is probably pretty pleased that he's acting as a lightning rod for all the hate against unnecessary regulation
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Red Panda retweeted
52,562 crypto users lost everything in 5 seconds
Wallet Funds and Twitter accounts
🧵👇How? Read about the GREED experiment
Red Panda retweeted
I'm not a dude who asks for retweets, but I think it's very important that we reach everyone with this message: if you are a staker running mev-boost and you're not updated to v1.5 by Shapella tomorrow, you will cause missed blocks and may lose valuable income.
Can the judge ban this dude's internet access or something? Twitter is so much better without the likes of @SBF_FTX and @Mashinsky
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Today I would like to thank my lazy ass for forgetting to deposit ETH into USDC risk pool on @y2kfinance
1
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A dude who "invented" self driving and next gen rockets can't even filter out fake ads for users of his platform.
I guess Twitter really needs the money even if at expense of UX 🤷
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Looking back at 2022 here are 4 things I learned from some of my favorite crypto personalities:
1) We all should have done better
xitter.gq/SBF_FTX/status/1590709…
1
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3) $DAI is friggin' difficult to assassinate
xitter.gq/stablekwon/status/1506…
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4) Regulators aren't here to protect investors but those with biggest wallets
xitter.gq/GaryGensler/status/158…
Happy 14th birthday to Satoshi Nakamoto’s whitepaper! It has led to innovation and crypto asset investing. Let’s make sure as crypto enters its 15th year that investors get proper protection.
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