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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: maceng2 who wrote (171775)5/15/2021 10:46:14 PM
From: TobagoJack1 Recommendation

Recommended By
maceng2

  Read Replies (1) | Respond to of 217618
 
I just rearranged my crypto exchanges assets (BTC, ETH, ICP, CSPR, DOGE, cash/near-cash) to be more evenly placed amongst my four exchange accounts in case any of the unregulated exchanges go poof.

The overall cash / crypto ratio is about 1:1, with intentions to stay still in BTC, and add ETH, ICP, CSPR and DOGE at some screaming-buy juncture, and likely before full onset of summer, and certainly before the end of summer.

Three of the four exchanges I use feature tokenised equity shares, including BioNTech and Coinbase and Facebook, and am very intrigued about these 24/7-traded equities.

Am in awe in how easy it was to zip assets around the net by way of the tokens. Whoa!!!

Interim conclusion: the banks shall be wet-worked and disappeared, especially once borrowing, lending and trade financing tokenised. The future is very extremely bright, irrespective of Fourth Turnings, TeoTwawKis, and Darkest Interregnums.

We held BBQ gathering comprised of an Italian / Japanese couple, and a Russian / Bulgarian (or Romanian?) couple, and their respective kids.

The kids had to do normal play before dinner of nerf-gun battles up and down stairs, and in the garden but away from the grill. After dinner they were (altogether 4 boys including Jack. The Coconut ducked on on Junior Prom night of table games and music at the school) allowed to sign on to internet with our two Windows-based game rigs and two lap tops brought over by the two families. Their conversations together with some of their friends from school but on-line went something like,

"watch my back!"
"watch out, behind you!"
"sniper on the tower!!"
"drone coming!"
Italian guy has been doing institutional real estate in Japan and China since forever

Russian guy is CEO of a bank

Russian guy reports that all-normal in Moscow, people going about their business and mostly without masking. He thought the pipeline hacking in USA was an inside job by sanctioned state-level actors. He is positive on BioNTech shares, thinks there is possibly another double, meaning CoVid not going away where folks do not follow rules, and insist on using non-traditional vaccines.

Italian guy reports that Japan in serious trouble, and must stop the Olympics but cannot, with local folks having trouble going to certain hospitals as space being reserved for would- / could-be visitors. But should Japan stop the Olympics, IOC needs to agree, else costly, but either way, whichever way, costly.

Both are of the thought that QE / MMT / UBI / etc etc shall rage and go out of control. End-game is a known, and timing unknown and unknowable, but likely not soon. Both like moderate/modulated amounts of gold. The Russian knew much about BTC and less about other coins. The Italian knew not much. Both noted down the MIT on-line lecture series by Gary Gensler for viewing later.

The Italian guy follows Martin Armstrong, and the Russian fellow was curious so I switched him on, printed out some reports for his summer reads.



To: maceng2 who wrote (171775)5/16/2021 8:49:23 AM
From: TobagoJack  Read Replies (2) | Respond to of 217618
 
This below might be bad news for ETH 1.0 / 2.0, in highlighting difficulties arising out of migration complications and bourne of primitive nature of the ETH construct. If so, then good news for CSPR.

I do not know what I am talking about, and so aim to learn

decrypt.co

Ethereum Devs Have Calculated How to Defuse the 'Difficulty Bomb'

Ethereum core developers have a bomb to tackle this summer. If untreated, that would severely slow down the network.

By Ekin Genç

In brief

- Ethereum’s encoded difficulty bomb is set to explode this summer.
- Tim Beiko and James Hancock, Ethereum core developers, told Decrypt the team will delay the bomb to December.
- That might be the last time the developers ever need to take that action.

Ethereum developers agreed on Friday how to delay a “difficulty bomb” that, if left unattended, would start to slow down the Ethereum network this summer.

The difficulty bomb is an old piece of code that makes mining on Ethereum slower—and less profitable—over time by exponentially increasing the lag between the production of each block.

The bomb was planted in 2015 to incentivise devs to implement Ethereum 2.0.

Ethereum 2.0 switches the network from proof-of-work (PoW), a way of validating transactions with powerful mining computers, to proof-of-stake (PoS), which rewards those who pledge coins to the network.

It takes an average of thirteen seconds to mine a block on Ethereum right now. Without delaying the bomb, it would take more than twenty seconds to validate a block by the end of the year.

On Friday, Ethereum developers agreed on how many blocks were necessary to delay the bomb until December.

The calculation for the delay was proposed by Ethereum core developer James Hancock. “The bomb’s always there, and we defuse it by turning the blocktime back just for the bomb,” he told Decrypt. Hancock’s proposal delays the bomb by 9,700,000 blocks.

The block time chart on Etherscan. Annotated by James Hancock for Decrypt.Tim Beiko, an Ethereum core developer, told Decrypt that developers dismissed a proposal to delay the bomb to next spring. That won’t be necessary, he said.

Ethereum developers expect that by December, the network will update to allow Ethereum 1.0, the network that relies on PoW, to communicate with Ethereum 2.0, the new network that relies on PoS. This is known as the Merge.

“If the Merge is ready by December, we won’t need to do anything about the bomb because we will move away from mining entirely,” Beiko said.

Should plans for the Merge remain unimplemented, Ethereum’s Shanghai fork, expected to go live in October, will delay the difficulty bomb once again. The bomb has been delayed three times so far: first in October 2017, then in February 2019 and finally in January 2020.

Sent from my iPad