rawtxapp

6 ms·

1.
by rawtxapp 4y ago
> are you mostly asking for us to verify 3rd party bank accounts via microdeposit instead? Yes, I'm fine waiting a couple days for the initial setup if it means I don't have to let Plaid see every single transaction coming in a
2.
by rawtxapp 4y ago
Mercury is awesome! Not sure if this is right venue for feedback, but if only you could offer ACH without Plaid (which feels like a huge invasion of privacy), it would be even more awesome. Wire transfers cost 20$ each, depositing by check
3.
by rawtxapp 5y ago
You can close a channel whenever you want, for whatever reason.
4.
by rawtxapp 5y ago
When you fund a channel, the Bitcoin is still yours, you're not giving it away. With batched channel open/closes, it'll be super cheap to open and close channels. The only cost you'd pay is the opportunity cost if your c
5.
by rawtxapp 5y ago
Yep, and obviously any kind of transportation like that will be tracked and easily traced, with exact weights and sizes. By hopping on the lightning network, you're essentially anonymizing your payments as well as making them practical
6.
by rawtxapp 5y ago
Has it? Bitcoin is bigger than ever before. It's far more valuable, it has far more users, processes hundreds of thousands of transactions moving billions of dollars worth of value every day on-chain alone, has very healthy L2 layer
7.
by rawtxapp 5y ago
I think last year alone had more than a billion dollars worth of crypto hacked on defi, there's some trackers out there [1]. On one hand, you have amateurs that leave their private keys on cloud services and try to cash out while livin
8.
by rawtxapp 5y ago
I would disagree, in my experience HN has been pretty anti-crypto for a long time, starting with Bitcoin's announcement thread [1]. Personally, I think people are just tired, as a proponent I'm tired of arguing the same stuff over
9.
by rawtxapp 5y ago
Exactly this, it's a very adversarial environment with huge stakes for those that can exploit it. Even projects that have been around for months, years can get exploited which is why I'd recommend waiting a long time before putt
10.
by rawtxapp 5y ago
Look at it this way, if x = number of total users, routing nodes will grow O(log x), not O(c^x). The users can grow exponentially, the routing nodes won't because the marginal cost of processing an extra transaction from an end-user is
11.
by rawtxapp 5y ago
Most end-users won't be acting as payment gateways, they'll all have private channels, so they won't appear in the routing graphs. The number of routing nodes would be many magnitude smaller than total number of LN users. It&
12.
by rawtxapp 5y ago
It's L2, but you can have different types of L2s. With lightning network, you're opening and closing channels with a counterparty using on-chain transactions, so each channel can be tied back to an on-chain transaction. Before som
13.
by rawtxapp 5y ago
I would also highly recommend i3 + i3-gnome combination [1]. It adds a lot of gnome features out of the box to i3, like sound control, notifications, etc. 1: https://github.com/i3-gnome/i3-gnome
14.
by rawtxapp 5y ago
I think once you get used to a tiling window manager, like force yourself to use it for over a couple weeks, it's very difficult to go back. Somewhat similar to vim. Personally, I have 2-3 external 32" 4k monitors and I want to
15.
KPMG adds Bitcoin, ether to corporate treasury(seekingalpha.com)
8 points by rawtxapp 5y ago|3 comments
16.
by rawtxapp 5y ago
Yeah, let's privatize the gains and socialize the losses because the banks are too big to fail. What a great system! But hey, at least it's stable.
17.
by rawtxapp 5y ago
Not having a central single governance is the whole point of the exercise, it's a trustless system driven by mathematical rules and decentralized consensus. You can't stop a transaction, you can't kick anyone out (good or bad
18.
by rawtxapp 5y ago
That's very "pigeonholey" way of looking at things though, no? Just because you're good at something doesn't mean you can't become good at something else too. If you're super knowledgeable about very techn
19.
by rawtxapp 5y ago
Yes, they call it Argo Tiered Cache under Caching tab.
20.
by rawtxapp 5y ago
TPUs are amazing, but in my experience, debugging issues with them can be a bit tricky. Since nvidia's gpus are more common place (especially outside gcp), you can find a lot more information when you get stuck, it's also more bat
21.
by rawtxapp 5y ago
Does it really matter it? If this new supercomputer means that ML engineers can iterate x% faster which in turn increases FB's profits by even a small y%, I would think this would have already paid for itself.
22.
by rawtxapp 5y ago
Just pull up some order books from exchanges, 10-100M$ worth of market orders would move the market in a meaningful way, you can't do the same in a more established market 40x the size. Bitcoin gets a lot of press, but in the grand sch
23.
by rawtxapp 5y ago
No need to go until 2012, Bitcoin price has been above current price for only like 6 months in it's whole existence. So if you bought at anytime outside of those 6 months, you're in the green.
24.
by rawtxapp 5y ago
This isn't the first or the last time that'll happen. There are multiple 50-80% drops in Bitcoin history and we famously went from 20k to 3k in 2017 cycle. For reference, sp500 also dropped like 10% since december. Since it's
25.
by rawtxapp 5y ago
If you use argo caching on Cloudflare, it should reduce origin server load even more. Essentially, instead of going directly to your origin, cloudflare endpoint will first reach to it's root node to see if it's cached there and on
26.
by rawtxapp 5y ago
It has healthy growing adoption: 1ml.com.
27.
by rawtxapp 5y ago
You'll buy it dirt cheap to cover your short position and keep the initial capital you got from the short sale. Pretty dangerous though, even if you're right in the long term, short term anything can happen and you'll get liq
28.
by rawtxapp 5y ago
Bigger market caps means bigger market makers with far more liquidity, so an average trade is much smaller in the grand scheme of things. When there isn't as much liquidity and smaller volumes, the market will move more quickly.
29.
by rawtxapp 5y ago
I think it comes down to the fact that at the end of the day, your software runs on real hardware, which isn't perfect. So rather than hide these imperfections behind an opaque surface, AWS let's you peek behind the scenes to opti
30.
by rawtxapp 5y ago
Majority of Americans live paycheck to paycheck, if that's not dire, I don't know what is.

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