Cant believe they went through with that Recall shit.

haha so very true

Uniswap Labs is a frontend over the top of the immutable decentralised uniswap smart contracts. Any one can trade anything using the contracts, but Uniswap Labs provides a curated experience, only listing certain tokens. Previously they listed some leveraged tokens which CFTC had problems with thus the fine.

Point is, even if the US sues Uniswap Labs out of existence, it doesn't change a thing. There are already many other frontends for the uniswap contracts. ie. 1Inch or Llamaswap.

> It's like the swastika ascii-art poster on slashdot. It's not illegal but it's also something that worsens my experience here and I appreciate if slashdot moderators promptly remove it or drive these accounts away entirely. Of course a website is not the public square but this is not exactly "the public square" anymore, it's a sort of "Benediktas' picture corner" that happens to be installed on the public square.

By this logic i would appreciate the slashdot mods removing at least half of the posters here whom worsen my experience. Actually most of the mod team can be removed too.

It means the first thing that you put out which holds up the rest of the enterprise. establishes a beachhead so to speak.

A stable coin is a dollar, but on the blockchain.

Lets take USDC. Its issued by Circle. You send them one traditional USD, they send you one USDC to your wallet. You can use that USDC in crypto infrastructure, loan it out and earn interest.

As a non us citizen, you may buy some using say ether, in order to hedge the inflation of your local shit fiat. Or you may sell your crypto holdings into it if it looks like the market is headed off a cliff.

USDC is not decentralised, it requires trusting Circle. Circle can arbitrarily freeze your USDC at any point. Circle holds the collateral as cash in US banks. It publishes audits from the big 4 monthly. If there is a bank run on USDC, Circle allows anyone to redeem USDC for USD, as long as its during trading hours. Circle makes its money from the bank interest it earns on the collateral.

So thats how centralised stable coins work.

Crypto has a dream of creating decentralised stablecoins. These would track a target value supplied by an oracle network (decentralised network that can agree on some data outside the purview of a blockchain. There have been a few designs for these. Generally they require large collateral ratios (like 400-600% if using ether as a collateral) which is capital inefficient. Or they try some other idea that leads to blowups like Terra Luna / Do Kwon. There are other interesting models such as ampleforth.

Anyway until the law allows it I doubt wee see a large uptake of crypto for peer to peer payments in the Western world. But there are plenty of onchain financial uses.

LOL 9.7T when the total crypto market cap is only 2.5T.

The great thing about SEC vs Uniswap is that they are taking on a fully decentralised app. Uniswap labs has absolutely no control over the transactions that take place on the uniswap contracts, yet the SEC wants to paint them as money transmitters. It will be very interesting to see how it all unfolds.

Every nation except one tolerates currency it cannot control - the US dollar.

If the only thing stopping your job from being outsourced is the fact that you come into the office I have some bad news for you.

4 way stop. I see the problem now. Install roundabouts. Problem solved.

smart loading wouldn't really work. btc mining is super competitive, if they aren't mining 24/7 they are probably losing money on hardware.

I doubt batteries are affordable enough to make it work either.

Most likely he was Hal Finney who sadly died in 2014

https://en.wikipedia.org/wiki/...

I mean that's not entirely true. White Americans have various hair and eye colors that don't exist in Chinese populations. Also a wider range of complexions. Objectively theres a larger range. Subjectively Chinese people are probably more finely attuned to the differences that do exist.

Simple, less Jeets means number goes up.