Reddit User Account Overview

/u/



https://www.reddit.com/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/

I pulled all transactions that affected the v2 ALGO Borrow APR between Jan 12 and Jan 15 and put them up on this spreadsheet, along with graphs, etc. [https://docs.google.com/spreadsheets/d/1RPq9BtwzxP2EV4vLNOkVB8C3IomZo9roc5rGaG0IIUo](https://docs.google.com/spreadsheets/d/1RPq9BtwzxP2EV4vLNOkVB8C3IomZo9roc5rGaG0IIUo/edit#gid=1634884687) There are 4 sheets: \- Transactions, Jan 12 - Jan 15, Total Supply / Total Borrow / Borrow Utilization ALGO Borrow APR \- Charts for the above set: Borrow Util & Borrow APR over time, Total Supply & Total Borrow over time https://preview.redd.it/162pvn8niaca1.png?width=1250&format=png&auto=webp&v=enabled&s=92114b1d4846b7e7c8af12ef37ad700ae18e672c https://preview.redd.it/upe7ykrniaca1.png?width=1239&format=png&auto=webp&v=enabled&s=860e092bdcb55f5fff17a835d34f8296c4be8979 \- APR Calculator & Examples: Formula for calculating the exact Borrow APR with ALGO's Parameters https://preview.redd.it/j9axy28fjaca1.png?width=756&format=png&auto=webp&v=enabled&s=2c1e50cf689611681a103053be32b5bb6be6ae84 \- Borrow Util vs APR graph: How Borrow APR changes with Borrow utilization, from 50% util to (a lot), plus chart. https://preview.redd.it/oa7tlb4tiaca1.png?width=915&format=png&auto=webp&v=enabled&s=d6403b81e29c73b78f35b659c07493591e5d393f The AlgoFi docs on the interest rate model can be found here: [https://docs.algofi.org/algofi/algofi-lending/interest-rate-model](https://docs.algofi.org/algofi/algofi-lending/interest-rate-model) \------- I hope it may be useful to you in making, or postponing, a decision.

posted by /u/d13co in /r/algofi on January 15, 2023 18:24:08

https://www.reddit.com/r/D13/comments/z5i13z/introducing_cupstakes_world_cup_lottery/

Hi. It's time we presented our first dApp and serious project to Reddit: CupStakes is a World Cup Lottery Sweepstakes on Algorand backed by verifiable randomness. Teams are represented by ARC-19 NFTs called CupStakes. Our smart contract uses on-chain verifiable randomness for fair and transparent drawing. After the Final, Winner and Runner-up CupStakes will be redeemable for ALGO via smart contract swap. The rewards pool is kept in a multisig until after the World Cup ends. All admin operations will be audited by our Trust partners to ensure fairness. CupStakes are available to draw until December 13, 2022, before the first semi-finals match. ## Trust Model Our smart contract does not hold any user funds or rewards. Instead, the rewards pool is a 5/8 multi-signature wallet, which is controlled by the CupStakes Trust partners. At least 5 of the partners need to sign off on the CupStakes audit before rewards are moved to the Redeem smart contract for distribution. The Trust partnership exists as a reassurance that the operatation of CupStakes is performed fairly and in good faith. See my comment below for details on who holds the rewards wallet with us. ## Some [stats](https://cupstakes.world/data/#global-history) Ticket price: Ⱥ2.2 Burn discount: 22% Rewards pool: Ⱥ8,438 Rarest team win value: Ⱥ1350 Average draws per player: **28** Winner share: 80% Runner-up share: 10% Days online: 6 Pre launch hype: 0 Ticket price will increase at each team elimination* to ensure fairness to early participants. CupStakes also supports “Free Draw Tickets”, which are special NFTs we created to give away on Discord and Twitter. Operators and partners pay for these tickets in lieu of users, so they contribute to the rewards pool rather than dilute user value. We give away a bunch of these on Twitter giveaways & challenges. We are honored to have partnered with NFDomains, Vendible and just now: [Pera Wallet](https://twitter.com/CupStakes/status/1596579554390208512) [151 Free Draws](https://cupstakes.world/data/#global-history) have been redeemed already. ## Open Source Contract [soon] Our draw smart-contract will be open sourced and extensively documented on Github. It has been informally audited by our Trust Partner @nullun and has the added benefit of not holding the rewards pool. The permissive MIT license will allow anyone to remix our logic and execute their own lotteries with relatively little effort. We also have a whitepaper with which we lured out Trust Partners into this crazy adventure, which will be updated and published in the next 2 days along with the contract. You can find answers about the mechanics of drawing in the [Frequently Asked Questions](https://cupstakes.world/faq) section, or just ask below. ## Undoxxed 😱 Keen observers may have inferred that we are not a doxxed team, but we believe the trust model we came up basically protects users from essentially all kinds of rugging. Worst case scenario would be "Trust partners overrule us and give everyone their ticket money back". We haven't heard a single concern about this so far (!) Another interesting aspect to us is the VRF application. Algorand inc released a MainNet VRF beacon on Friday 18th November and we launched November 20 😅 so this is in all likelihood the first proper VRF consumer on MainNet. I'd be delighted to answer any questions or otherwise talk about this. Bit @ D13 https://CupStakes.world/ (check home page, FAQ & Data for info) https://twitter.com/CupStakes/

posted by /u/d13co in /r/D13 on November 26, 2022 16:09:39
Top
/r/AlgorandOfficial/comments/10pqsox/pera_wallet_csv_transaction_export_doesnt_include/j6o9od2/

The free tier for that is pretty restrictive Can you see if this suits you at all? Https://flow.algo.surf To export tx level csv, select all addresses -> show tx -> export The focus hasn't been "accounting" so far but I'd be interested in hearing your feedback for this use case. Closing out is supported, though a pay+close txn will be listed twice with the same tx ID (and each amount individually listed)

Commented by /u/d13co in /r/AlgorandOfficial on January 31, 2023 14:04:48
/r/algorand/comments/10pg35e/a_gov_with_9025m_algo_just_dropped_from_governance/j6ktcau/

Top funder: https://flow.algo.surf/address/VIACCEAQZ3B3O4DK7SKMESNIX7QHSY5QTTD3U6AQDBUU5RVPGRBRNDIS3U Top funder of _that_ (GGYZ..) is the same entity that broke 200m ALGO gov commitment last period

Commented by /u/d13co in /r/algorand on January 30, 2023 19:59:42
/r/algorand/comments/10nn4in/feedback_requested_algorand_adoption_dapp_impact/j6ahgha/

Hey! Dev of flow.algo.surf here LMK if you want to collaborate on anything. DMs open here and on Twitter @d13_co @algo_surf (BTW I haven't had a chance to check it out yet, will do)

Commented by /u/d13co in /r/algorand on January 28, 2023 17:51:02
/r/algorand/comments/10k8it1/algorand_foundation_appoints_jessica_tsai_chin_as/j5ppcua/

Whatsapp with the Nike comments?

Commented by /u/d13co in /r/algorand on January 24, 2023 13:29:14
/r/algorand/comments/10jsse0/the_algorand_network_is_congested_legit/j5o56yh/

My assumption may be incorrect: fee is set by client nodes. If their node is overwhelmed then it will reject the txns. Still not a network problem but I was operating under the likely incorrect assumption that the txn would make it through their nodes

Commented by /u/d13co in /r/algorand on January 24, 2023 06:41:29
/r/algorand/comments/10jsse0/the_algorand_network_is_congested_legit/j5nfscl/

I was kicked from their discord 3 times for posting this: > My understanding is: even if the fee was temporarily 0.0015A (big doubt) then the txns with 0.001 fee would stick around in the mempool and go into a block when the "congestion" is over.

Commented by /u/d13co in /r/algorand on January 24, 2023 01:05:10
/r/AlgorandOfficial/comments/10jjxj9/flowalgosurf_blockchain_analysis_tool_track_algo/j5m8k0r/

Thanks! It isn't very opinionated aside from the monospace font. Green=ALGO and a not-fully-white BG to be easy on the eyes 🤷 Definitely meant to be useful, rather than sexy, but glad to hear your positive feedback.

Commented by /u/d13co in /r/AlgorandOfficial on January 23, 2023 19:15:35
/r/algorand/comments/10jq0ko/flowalgosurf_blockchain_analysis_tool_track_algo/j5m8d0e/

Definitely not a bug : ) Very intentional - loading a large account like Binance would be very annoying if we didn't display as we loaded. Also you can try cancelling a large request and you'll see a RESUME button! That's been tested fairly extensively to produce the same results as a one-off load, too. Interesting thought re: default sort. Atmo it is "inflows descending", thinking that the sourcing of funding for an account is likely to be most interesting. I'll take it into consideration, thank you

Commented by /u/d13co in /r/algorand on January 23, 2023 19:14:11
/r/algorand/comments/10jq0ko/flowalgosurf_blockchain_analysis_tool_track_algo/j5m80bx/

To be completely honest, any "look polishing" is likely to be superficial (unless you have concrete suggestions, or even pointers to what you don't like) There are things meant to be sexy, and things meant to be useful, and this is squarely in the second category. Not to say that we didn't try to make it look half decent (try squeezing that in 320x480 in a phone screen 😅) but roadmap-terms, almost everything else is higher priority than making it look slicker = ) I agree about ASA support, it is easy-ish / low hanging fruit

Commented by /u/d13co in /r/algorand on January 23, 2023 19:11:39
/r/AlgorandOfficial/comments/10jjxj9/flowalgosurf_blockchain_analysis_tool_track_algo/j5l5yxv/

Hm, interesting. This wasn't on our roadmap, but possible! If you want it prioritized... #tipJar 😇

Commented by /u/d13co in /r/AlgorandOfficial on January 23, 2023 15:03:56
/r/cryptocurrencymemes/comments/10inkhl/mining_eth_in_2023_am_i_missing_something/j5h0ifz/

I also mine Tether and USDC I exchange 40hrs / week of work for them

Commented by /u/d13co in /r/cryptocurrencymemes on January 22, 2023 18:08:06
/r/algorand/comments/10h5pd4/while_everybody_is_waiting_on_staking_rewardsi/j59q2e4/

Hide yo Rand everyone, BDE swinging here

Commented by /u/d13co in /r/algorand on January 21, 2023 07:17:37
/r/algorand/comments/10hh8sg/can_someone_help_me_find_the_rest_api_base_url/j59ptlf/

In that case You should be able to use the node I linked FYI Algorand inc/foundation doesn't provide public nodes - which is why "the base URL" isn't listed in the docs. Hope this helps.

Commented by /u/d13co in /r/algorand on January 21, 2023 07:14:43
/r/algorand/comments/10803wn/algorand_now_has_10x_the_smart_contract/j597ndo/

I was looking for the peak, not sustained average. The peak txns were very close to the original "bundled"/85 grps result from Vestige, meaning that 1) block space difference is negligible and 2) the network can carry the networking related load of carrying the individual txns to the consensus proposers, which isn't fully tested when you "multiply" your outer txns with inner transaction calls. Using inner transactions we did [this](https://twitter.com/TheBillBored/status/1610057537323405312?) to run the txn counter forward and snipe some Asset IDs, which are transaction-counter derived.

Commented by /u/d13co in /r/algorand on January 21, 2023 03:09:54
/r/algorand/comments/10hh8sg/can_someone_help_me_find_the_rest_api_base_url/j58x3o5/

Are you running your own node or looking for a public one?

Commented by /u/d13co in /r/algorand on January 21, 2023 00:58:50
/r/algorand/comments/10803wn/algorand_now_has_10x_the_smart_contract/j58wyj8/

There was no efficiency in our test (Things I'd never thought I'd say with pride)

Commented by /u/d13co in /r/algorand on January 21, 2023 00:57:18
/r/algorand/comments/10803wn/algorand_now_has_10x_the_smart_contract/j57vqun/

No, how are you getting that? No "efficiency" was applied - the bundling was 1:1 to what an end user "bundle" would look like: 2x atomic group of txns, 1x payment & 1x app call Each txn independently pushed through nodes one by one The groups of 85 was the previous test by a different team

Commented by /u/d13co in /r/algorand on January 20, 2023 19:38:31
/r/algorand/comments/10803wn/algorand_now_has_10x_the_smart_contract/j57rqsg/

You literally didn't go further than the intro That's the description of the research done by Vestige that used inner transactions Our test was 1:1 end user swaps Consider reading further than the fold, troll.

Commented by /u/d13co in /r/algorand on January 20, 2023 19:08:58
/r/algorand/comments/10803wn/algorand_now_has_10x_the_smart_contract/j57ic0b/

https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/

Commented by /u/d13co in /r/algorand on January 20, 2023 18:02:40
/r/AlgorandOfficial/comments/10f9bo1/ama_algorand_inc_tech_team/j4wevuf/

What are your thoughts on the consensus participation landscape?

Commented by /u/d13co in /r/AlgorandOfficial on January 18, 2023 13:56:59
/r/algorand/comments/10dp1pk/algorand_governance_apr_for_period6_is_652/j4nx605/

And the work keeps getting harder

Commented by /u/d13co in /r/algorand on January 16, 2023 20:14:48
/r/PeraWallet/comments/10dlxlc/changing_passphrase/j4nr5ev/

Not yet.

Commented by /u/d13co in /r/PeraWallet on January 16, 2023 19:30:41
/r/algorand/comments/10di39s/is_there_a_chart_showing_historical_borrowing/j4mdukn/

We plotted AlgoFi v2 manually in a spreadsheet. See [this post](https://www.reddit.com/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/)

Commented by /u/d13co in /r/algorand on January 16, 2023 14:10:21
/r/algorand/comments/10df6lt/algorands_total_value_locked_has_seen_a_137_surge/j4mb9ee/

I suspect a lot of it has to do with the [ALGO lending market APR explosion](https://www.reddit.com/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/) (presumably) led by Folks Finance. Folks introduced a 1-click leverage option (up to 4x? not sure) which led to increased borrowing, which led to increased borrow+supply APR across the ecosystem, which is driving (at least some) [liquidity from CEX into lending](https://twitter.com/d13_co/status/1615050139428655104)

Commented by /u/d13co in /r/algorand on January 16, 2023 13:54:18
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4m5ocl/

I think that we are orders of magnitude away from having enough liquidity to be able to provide a time-locked, ~fixed-APR scheme like that. But I like the thought exercise.

Commented by /u/d13co in /r/algofi on January 16, 2023 13:20:05
/r/algorand/comments/10db9yr/algorand_projects_alive/j4lb0ni/

I'll believe it when it celebrates 1 year on MainNet

Commented by /u/d13co in /r/algorand on January 16, 2023 10:03:28
/r/algofi/comments/10d623j/is_there_a_reason_that_there_needs_to_be_two/j4kcce4/

> If I bought the gAlgo's would I then be able to claim the rewards? Or is the reward that I'm buying them at a discount? The discount. You'd have a window of 1 week to exchange them 1:1 at folks finance without any DEX fees. If gALGO "depegs" close to the end of the gov period and you snag some, your return is extraordinary: https://twitter.com/d13_co/status/1588634742512971776 After that tweet I also got some under 0.95 for a ~30% APR equivalent return **Just remember to burn it when the time comes**. The burn period is (end of governance) + 7 days RE: adding and committing at the same time, they are separate concerns technically and someone will often add, borrow more, re add, etc. Also a super edge case is that people participating in consensus via AlgoFi (Hi!) may want to add more to their vault to increase their consensus stake. Finally I'm not sure what the effect of sending registrations after the deadline is (I suspect nothing) but it isn't "good form" anyway :) I think a UI/X reminder would do just as well

Commented by /u/d13co in /r/algofi on January 16, 2023 03:51:18
/r/algofi/comments/10d623j/is_there_a_reason_that_there_needs_to_be_two/j4kazxk/

I agree with the UI/X suggestion but not with the auto-commit As a suggestion to you: look into lending your ALGO on AlgoFi or Folks for now, then set a deflex/alammex/defly limit order for gALGO at 0.95-0.96 and you'll be just as well off.

Commented by /u/d13co in /r/algofi on January 16, 2023 03:33:45
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4ka4r6/

How does the upper bound work? The APR depends on supply-side, too: Removing a bunch of supply could increase the utilization beyond the limit. Do you forbid people from withdrawing their liquidity because others borrowed too much? Probably not. Do you artificially impose a lower borrow APR than is safe for the platform and hope that things will equalize before it goes bankrupt? Probably not, either. > > If you expect users to check that APR occasionally, your lending/borrowing platform might not be stable and responsible enough. Borrowing is not a "set and forget" thing in the crypto world. Users are absolutely expected to check their positions: usually it will be your collateral value/liquidation danger that you'll be required to check, but dynamic APR is also a short-term consideration. It is worth noting that it is extremely hard to get liquidated from accrued APR due to the 90% personal borrow utilization threshold. You'd need average of 40% APR over _3 months_ (and to leave it unattended) to cross into 100% and get liquidated. I hardly think this is the blocker to mainstream adoption, but I will concede that a bounded APR or fixed APR borrowing service could be useful. That isn't this service, though. This is effectively the AMM equivalent of lending: there is a lending bucket and a borrow bucket, and the rate of one against the other dictates the interest rate.

Commented by /u/d13co in /r/algofi on January 16, 2023 03:22:32
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4k4g42/

This is great, I borrowed it with attribution. Thanks

Commented by /u/d13co in /r/algofi on January 16, 2023 02:13:18
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4jsb2t/

Why is it unhealthy for the protocol? The APR increase after 75% utilization works as a motivator for suppliers to deposit more. If the demand/supply equilibrium is thrown off balance like now, you have to handle it somehow. Skyrocketing the supply APR is a great motivator for people to move liquidity from CEX or elsewhere and deposit

Commented by /u/d13co in /r/algofi on January 16, 2023 00:07:18
/r/AlgorandOfficial/comments/10aql24/algofi_borrowing_loop/j4jiqim/

I don't know what you ended up doing, but the DeFi lending market has high rates across the board right now. Keep an eye over the following days and act accordingly. We published some limited data [here](https://www.reddit.com/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/)

Commented by /u/d13co in /r/AlgorandOfficial on January 15, 2023 22:49:04
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4jieaq/

> why you performed this analysis Because I have a leveraged (borrow ALGO against vault ALGO, deposit into vault, repeat) AlgoFi vault and I wanted to see what the data looks like. > what conclusions you gleaned Personally I'm [waiting to see](https://twitter.com/d13_co/status/1614779530715226112) what happens over the following week. May have to deploy more capital, lad.

Commented by /u/d13co in /r/algofi on January 15, 2023 22:46:29
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4itvdl/

Thanks! Fixed it on the spreadsheet.

Commented by /u/d13co in /r/algofi on January 15, 2023 19:47:41
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4isk3d/

Lol, It figures. Title was typed by hand using a 2022 brain. Data should be mostly correct.

Commented by /u/d13co in /r/algofi on January 15, 2023 19:39:20
/r/algorand/comments/10crdpf/missed_gov6_wtf/j4is8fx/

This. Lend it out for now, and if/when it drops, set a limit order for gALGO on alammex/defly/wherever. You may even be better off.

Commented by /u/d13co in /r/algorand on January 15, 2023 19:37:09
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4imyfy/

2023. Is there a reference to 2022 somewhere?

Commented by /u/d13co in /r/algofi on January 15, 2023 19:00:29
/r/algorand/comments/10ckn4a/be_careful_we_have_two_hours_left_make_sure_youre/j4iimtm/

If you were caught up in this and need to make a decision, I plotted the borrow APR of the last 3 days for you here: https://reddit.com/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/

Commented by /u/d13co in /r/algorand on January 15, 2023 18:31:04
/r/algorand/comments/10cipiu/60_borrow_and_rising_wtf/j4iii16/

In case you are looking for homebrew analytics of borrow APR fluctuation over the last 3d: https://reddit.com/r/algofi/comments/10cydws/algofi\_v2\_lending\_market\_algo\_jan\_12\_jan\_15/

Commented by /u/d13co in /r/algorand on January 15, 2023 18:30:11
/r/AlgorandOfficial/comments/10aql24/algofi_borrowing_loop/j4iibma/

The v2 lending analytics on algofi aren't online yet, so I pulled borrow APR data from an indexer for you all. https://new.reddit.com/r/AlgorandOfficial/comments/10cyg3n/algofi\_v2\_lending\_market\_algo\_jan\_12\_jan\_15/

Commented by /u/d13co in /r/AlgorandOfficial on January 15, 2023 18:28:59
/r/AlgorandOfficial/comments/10cv201/supply_apr_is_higher_than_governance_apr_on_algofi/j4ii5oo/

In case anyone wanted to check out how the AlgoFi v2 borrow APR has fluctuated over the past 3 days: https://new.reddit.com/r/AlgorandOfficial/comments/10cyg3n/algofi\_v2\_lending\_market\_algo\_jan\_12\_jan\_15/

Commented by /u/d13co in /r/AlgorandOfficial on January 15, 2023 18:27:55
/r/algofi/comments/10cydws/algofi_v2_lending_market_algo_jan_12_jan_15/j4ihuqp/

Fun fact: In row 3211 on sheet 1 you can the peak utilization of 98.9% with spot Borrow APR of 100.34%

Commented by /u/d13co in /r/algofi on January 15, 2023 18:25:52
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j43ud3q/

HOL'MEBACK ^it ^aint ^worth ^it ^fam HOLMEBK! ... It really ain't worth it, fam.

Commented by /u/d13co in /r/algorand on January 12, 2023 18:51:32
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j43g3do/

Now sure why this is circulating as a concern. Ppl were asking on discord and a twitter fud bot was posting that "The Foundation will increase coins". This seems to be out of left field entirely To the matter at hand: there is no mechanism to mint new ALGO, but the protocol, being upgradable, could be changed to do anything **if the consensus participation supermajority agrees** As to the source of this concern... Source?

Commented by /u/d13co in /r/algorand on January 12, 2023 17:18:50
/r/algorand/comments/109tu7k/did_the_mods_of_rcc_just_remove_the_post_about/j43eugc/

The banhammer approach seems to be "killem all and let god sort it out".

Commented by /u/d13co in /r/algorand on January 12, 2023 17:11:09
/r/algorand/comments/109tu7k/did_the_mods_of_rcc_just_remove_the_post_about/j4398sd/

Yeah nah I am now permabanned for witch-hunting them https://twitter.com/d13_co/status/1613649632210427920 Ok

Commented by /u/d13co in /r/algorand on January 12, 2023 16:37:25
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j438xjs/

[https://twitter.com/d13_co/status/1613649632210427920](It's all COMEDY)

Commented by /u/d13co in /r/algorand on January 12, 2023 16:35:33
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j436lhx/

I was perma banned from r/CC for this comment. ["Stirring up drama and witch-hunting the mods is not allowed"](https://imgur.com/a/8EXn1w9) Dear Mods, I have no questions about this ban. Banning me for repeating why you removed my OC content seems perfectly reasonable. Apologies for all the persecution you had to endure at my cruel hand. Goodbye and good luck.

Commented by /u/d13co in /r/algorand on January 12, 2023 16:21:48
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j435j1p/

Also permabanned for witch-hunting _them_

Commented by /u/d13co in /r/algorand on January 12, 2023 16:15:41
/r/CryptoCurrency/comments/109zlzk/bill_gates_doesnt_think_web3_is_a_big_deal_decrypt/j42tlwq/

My font's kerning led me to read an entirely different last word in that sentence.

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 15:04:41
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j42tbsm/

If you need to know the price of BTC and whether we are in a bear you can ask me

Commented by /u/d13co in /r/algorand on January 12, 2023 15:02:56
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j426h4o/

https://www.reddit.com/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j41da5l/

Commented by /u/d13co in /r/algorand on January 12, 2023 12:42:58
/r/algorand/comments/109wlcv/notiboy_v1_testnet_launch_nft_drop/j41so9x/

This had happened to our dApp in the past, seems to be random/intermittent. Try again

Commented by /u/d13co in /r/algorand on January 12, 2023 11:17:33
/r/algorand/comments/109tu7k/did_the_mods_of_rcc_just_remove_the_post_about/j41s3ne/

It's also the homepage of cryptocurrencies on reddit, so some kind of impartiality should be expected

Commented by /u/d13co in /r/algorand on January 12, 2023 11:13:54
/r/CryptoCurrencyMeta/comments/1089d7o/please_ban_the_word_algorand_for_one_year_for/j41rhq5/

This presumably refers to my AMM benchmark. It was removed for being not-news worthy, a duplicate (which it wasn't) and TPS related. https://imgur.com/a/YUbDWa3 🤷‍♂️ Back to reading about FTX and BTC price.

Commented by /u/d13co in /r/CryptoCurrencyMeta on January 12, 2023 11:09:57
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j41pkdf/

Ah yes, that was my post and an utterly bullshit removal: https://www.reddit.com/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j41da5l/

Commented by /u/d13co in /r/algorand on January 12, 2023 10:57:32
/r/algorand/comments/109tu7k/did_the_mods_of_rcc_just_remove_the_post_about/j41na53/

Oh wow that's **news** Also BTC price up Also FTX I need to get outta here I'm getting serious r/CC FOMO. Later guys

Commented by /u/d13co in /r/algorand on January 12, 2023 10:42:50
/r/AlgorandOfficial/comments/109bmex/are_there_plans_to_support_array_data_types_as_a/j41n2b0/

Not on the local/global storage level as far as I know. For CupStakes our clunky workaround was to store in globalStorage in Itob(Int(1)) Itob(Int(2)) Itob(Int(3)) etc, and then iterate. You can see the pyteal, which is open source. The spot where we iterate the global storage is here: https://github.com/CupStakes/cupstakes-smart-contracts/blob/main/draw/sc.py#L459 We wanted to store more than 64x values so we used another contract just for its global storage, hence if you follow the call to [get_ext_storage](https://github.com/CupStakes/cupstakes-smart-contracts/blob/main/draw/sc.py#L406) you'll see it is a `App.globalGetEx` to read another contract's storage, but same logic would apply. With Boxes you can have as much storage as you can afford, so today I'd likely follow the same approach but with boxes instead of spreading state around multiple contracts.

Commented by /u/d13co in /r/AlgorandOfficial on January 12, 2023 10:41:25
/r/algorand/comments/10a2566/fud_spamming_campaign_and_censorship_heres_an/j41lzqs/

It is still an interesting data point that someone went out of their way to write a Twitter FUD bot.

Commented by /u/d13co in /r/algorand on January 12, 2023 10:34:22
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j41lgwl/

Yes, I see why you would be so confident. Technology is infamously static and slow-moving - Nokia is still king of mobile phones, IBM still reigns supreme, etc.

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 10:30:51
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j41dqm9/

Pfft go to r/grindaxes or whatever, this is a serious sub

Commented by /u/d13co in /r/algorand on January 12, 2023 09:38:23
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j41da5l/

r/CC Mods: This is about the title. This is a duplicate. This is about TPS. This is not "news". An L1 doing 2000+ AMM swaps a second is not "news", we see this every day. https://imgur.com/a/YUbDWa3

Commented by /u/d13co in /r/algorand on January 12, 2023 09:35:09
/r/algorand/comments/109tu7k/did_the_mods_of_rcc_just_remove_the_post_about/j4176gt/

r/CC Mods: This is about the title. This is a duplicate. This is about TPS. This is not "news". https://imgur.com/a/YUbDWa3

Commented by /u/d13co in /r/algorand on January 12, 2023 08:50:11
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j410sru/

Just realized there is a rule about the post title matching the article title. I changed the article title to match the post's

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 07:56:40
/r/algorand/comments/109tu7k/did_the_mods_of_rcc_just_remove_the_post_about/j410j2j/

The article title now matches the post title I sent a mod msg to reconsider Let's see.

Commented by /u/d13co in /r/algorand on January 12, 2023 07:54:13
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j40umgy/

I did my best to simulate end-user AMM swaps. The bottleneck was sending them fast enough (!) but I did manage to fill one block (5MB.) I provided all the relevant data in a spreadsheet that can be verified fairly easily. The only "glitch" was one block taking (rounded) 7 seconds to produce during the load, and I called that out in the article as well. The 3.7s round time isn't a guarantee anyway, but an average. So to wrap up - I tried to make everything as clear cut and definite as I could, without omissions, but nobody's perfect. So far I haven't heard anything critical about the methodology or the results.

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 06:55:21
/r/CryptoCurrency/comments/1088hdg/theres_a_post_in_hot_claiming_that_algorand_can/j40u3cs/

We re-did it without using a smart contract/inner transactions, and the peak was 8070 swaps in a 3 second block, so anywhere between 2312 and 3228 swaps a second (corresponding to 3.49 - 2.5 seconds - timestamps have second-level granularity and round milliseconds) It was removed because of the title (?) https://www.reddit.com/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/?ref=share&ref_source=link

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 06:49:30
/r/CryptoCurrency/comments/1088hdg/theres_a_post_in_hot_claiming_that_algorand_can/j40tyao/

We re-did it without using a smart contract/inner transactions, and the peak was 8070 swaps in a 3 second block, so anywhere between 2312 and 3228 swaps a second (corresponding to 3.49 - 2.5 seconds - timestamps have second-level granularity and round milliseconds) It was removed because of the title (?) https://www.reddit.com/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/?ref=share&ref_source=link

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 06:47:56
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j40t9yf/

Me too actually! I _have_ to know where I am conspiring. I am supposed to also be getting paid to shill, but still haven't figured out whom to invoice.

Commented by /u/d13co in /r/algorand on January 12, 2023 06:40:11
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j40t6as/

They cited Title 9 / Titles must be in English. No URLs in titles. Titles considered to be clickbait will be removed and users will be banned for a minimum of 7 days. If the clickbait is from the site, it will be greylisted. Match the title of the article you are linking to. Titles like "BREAKING", "Breaking News", "MAJOR ANNOUNCEMENT", and similar are not allowed. If the linked title already includes something like this, please remove it before posting. Use accurate and appropriate link-flairs. Misuse of link-flairs might result in post removal. See here for link-flair descriptions. Probably #4, where my article and the submission didn't have the same title? Very serious offense. In some parts of the world? Believe it or not - JAIL.

Commented by /u/d13co in /r/algorand on January 12, 2023 06:39:02
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j40qraz/

Was this about flair? The title is accurate, this was original research

Commented by /u/d13co in /r/CryptoCurrency on January 12, 2023 06:10:06
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j3zd1gi/

He's a salty teenager, ignore him. Thanks.

Commented by /u/d13co in /r/algorand on January 11, 2023 21:29:01
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j3zc7xa/

If you're referring to the inflation, that's basically over

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 21:23:10
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j3zc170/

for the record, I didn't share this anywhere

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 21:21:52
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j3z9epq/

Show me on the doll where Algorand compromised you Oh wait, I see it on your flair.

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 21:03:18
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j3z9962/

This was done today with 1:1 exact end-user-like transactions, but the results are similar the previous tests which used inner transactions issued by a smart contract.

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 21:02:10
/r/CryptoCurrency/comments/109mzfw/we_tested_algorand_with_enduseridentical_amm/j3z92yu/

Hi, yeah we also heard how the last test was using inner transactions and wasn't "ReAL tRaNsAcTiOnS", thanks.

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 21:00:56
/r/algorand/comments/109mwt4/algorand_did_8070_realworld_amm_swaps_in_a_3/j3z8ng4/

😈 Thank you Mr Ghost.

Commented by /u/d13co in /r/algorand on January 11, 2023 20:57:52
/r/AlgorandOfficial/comments/109adii/nice_block_with_9414_tx_who_is_the_benchmark_guy/j3yqd3d/

I saw references that the Vestige test was "debunked" but not the actual comment "debunking"

Commented by /u/d13co in /r/AlgorandOfficial on January 11, 2023 18:51:40
/r/AlgorandOfficial/comments/109adii/nice_block_with_9414_tx_who_is_the_benchmark_guy/j3yp95m/

That'd be us. It was prep for this: https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/

Commented by /u/d13co in /r/AlgorandOfficial on January 11, 2023 18:44:15
/r/AlgorandOfficial/comments/1091ob0/algorand_has_10x_solanas_smart_contract_throughput/j3yot8h/

Did a real world test with the exact transaction structure of real world AMM swaps: https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/ It peaked at around 2694 swaps/second, verifying the Vestige inner transaction swap results

Commented by /u/d13co in /r/AlgorandOfficial on January 11, 2023 18:41:17
/r/algorand/comments/1091lzr/algorand_has_10x_solanas_smart_contract_throughput/j3yopa2/

Did a real world test with the exact transaction structure of real world AMM swaps: https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/ It peaked at around 2694 swaps/second, verifying the Vestige inner transaction swap results

Commented by /u/d13co in /r/algorand on January 11, 2023 18:40:33
/r/CryptoCurrency/comments/1080m82/algorand_now_has_10x_the_smart_contract/j3yk200/

Since some were complaining about the Vestige test having inner transactions, I did another test with the exact transaction structure that real users would send: https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/ Spoiler: same results.

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 18:09:48
/r/CryptoCurrency/comments/1097hz5/algorand_has_10x_solanas_smart_contract_throughput/j3yjk6o/

Re-debunk it then, I redid it with real 1:1 user swap transactions https://d13.co/benchmarking-algorand-amm-real-user-swap-performance/

Commented by /u/d13co in /r/CryptoCurrency on January 11, 2023 18:06:30
/r/AlgorandOfficial/comments/102vr4i/a_visual_representation_of_the_decline_in_online/j2vw8ba/

It works but not well enough. If a block is 5-10 txns, it _may_ be able to propose in time If a block is heavier, it won't propose in time. My understanding was that it times out and another proposer takes their place, but I could be wrong if I infer a bit from the zero-txn blocks we saw during the load generated by [@billbored](https://twitter.com/TheBillBored/status/1610360365384142851) If a few people are participating on Pis, then fine. If a significant number is, and the outcome from a Pi processing a heavy block is a 0-txn block, then it's a problem, as transactions would build up in the mempool

Commented by /u/d13co in /r/AlgorandOfficial on January 4, 2023 03:31:43
/r/AlgorandOfficial/comments/102cjr9/someone_minted_an_arc19_nft_for_the_billionth/j2tkcw9/

Story behind it: https://twitter.com/TheBillBored/status/1610360365384142851

Commented by /u/d13co in /r/AlgorandOfficial on January 3, 2023 16:21:45
/r/algorand/comments/1023c8i/props_to_algofi_vaults_for_supporting_consensus/j2r8rq6/

Massively so. Thanks AlgoFi!

Commented by /u/d13co in /r/algorand on January 3, 2023 06:24:54
/r/algorand/comments/101pkhn/24_of_the_algo_circulating_supply_is/j2r8qoq/

Hey! We're the authors of the oracle cloud participation guide - we're always around on Twitter and Reddit to help out

Commented by /u/d13co in /r/algorand on January 3, 2023 06:24:32
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2ey4br/

You're describing any other participation node

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 14:37:39
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2e4eyi/

Private relays aren't propagated to client nodes

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 11:16:16
/r/AlgorandOfficial/comments/zz1ggu/map_visualizer_for_algorand_relay_node/j2drv4h/

Nice! "Total nodes" includes everything, including client nodes that read data & broadcast txns Due to the hub and spoke model they don't really contribute to decentralization

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 09:42:50
/r/AlgorandOfficial/comments/zz1ggu/map_visualizer_for_algorand_relay_node/j2dmccs/

Ahead of you my guy 😎 already ninja edited, check again

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 08:56:27
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2ci9y5/

It is implicit: if it can only gossip to only non private relays AND participation nodes have to be directly configured to access it, then it can't help evade theoretical censorship at the permissioned relay level, so it doesn't do anything from a decentralization PoV. Private relays are basically for performance only. But not asking you to edit anything either, just making conversation.

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 00:45:54
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2chtt1/

There might be a budget issue there, as well as some tech missing to monitor performance, etc This isn't an xGov level thing but if it were decided there it could be implemented by inc _maybe_

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 00:41:26
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2choj4/

Took me a while as well https://twitter.com/JohnAlanWoods/status/1583831868071239680

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 00:39:57
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2chl9g/

https://twitter.com/JohnAlanWoods/status/1583831868071239680?t=raYqdBE15PSXkFnDiUkfJg&s=19

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 00:39:04
/r/AlgorandOfficial/comments/zz1ggu/map_visualizer_for_algorand_relay_node/j2chehf/

There isn't a way to find participation node IPs - they only talk to permissioned relays and that info isn't made public

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 00:37:16
/r/AlgorandOfficial/comments/zzj82h/algorands_centralized_point_of_failure_explained/j2cg8jz/

They aren't meaningful towards decentralization because they have to communicate through the permissioned relays. They aren't propagated to end users. Confirmation by John woods under my thread: https://twitter.com/d13_co/status/1583826881932992515

Commented by /u/d13co in /r/AlgorandOfficial on December 31, 2022 00:26:10
/r/algofi/comments/zxg7dx/anyone_else_having_connect_issues/j21rkd7/

Switch node in settings?

Commented by /u/d13co in /r/algofi on December 28, 2022 19:57:55
/r/AlgorandOfficial/comments/zxfpwa/interview_about_postquantum_cryptography/j21rhds/

Just a note that Algorand account keys are ED25519 - Falcon is used for State Proofs Not sure if [consensus] participation keys are 25519 or Falcon though

Commented by /u/d13co in /r/AlgorandOfficial on December 28, 2022 19:57:18
/r/AlgorandOfficial/comments/zxfpwa/interview_about_postquantum_cryptography/j21r610/

>The real question is: will quantum computers actually reach the computational power in (logical) qubits to achieve this? And which species still achieve this? (Great thesis)

Commented by /u/d13co in /r/AlgorandOfficial on December 28, 2022 19:55:00
/r/AlgorandOfficial/comments/ztn8xr/unnamed_an_algorand_wallet_that_is_utxolike/j1w5vse/

It isn't clear at all how you intend to provide privacy. Just creating an intermediate address for each payment solves nothing in regards to privacy Aside: How are you going to generate the intermediate account keys?

Commented by /u/d13co in /r/AlgorandOfficial on December 27, 2022 16:15:39
/r/algorand/comments/zsqmv3/what_is_algorand_missing_that_other_successful/j1avxc3/

Decentralization. Starting with incentives to participate in consensus, the lack of which has led to extreme centralization of participating stake. People focus on relays, but consensus is even worse. Data coming soon and you won't like it.

Commented by /u/d13co in /r/algorand on December 22, 2022 18:10:45
/r/algorand/comments/zo640c/i_tried_to_investigate_which_projects_are_running/j0rmc3e/

2-4 CPU cores 4-8GB RAM 60GB free space on an SSD **ALWAYS ON 100mbps INTERNET** We have a guide for participating for free on the Oracle Cloud free tier: https://d13.co/set-up-algorand-participation-node-on-oracle-cloud-free/

Commented by /u/d13co in /r/algorand on December 18, 2022 17:05:45
/r/algorand/comments/zo640c/i_tried_to_investigate_which_projects_are_running/j0qvo86/

Same for me actually - by the time I posted to the forum it was resolved. You are very welcome. Note that you must re-do it in a month if you used oracle

Commented by /u/d13co in /r/algorand on December 18, 2022 14:09:15
/r/algorand/comments/zo640c/i_tried_to_investigate_which_projects_are_running/j0qv1cq/

Hi, thanks for the kind words. This is the same error we received at first. It resolved itself after a while. I think it is documented in the guide as well, so it can be expected for a few hours.

Commented by /u/d13co in /r/algorand on December 18, 2022 14:05:29
/r/algorand/comments/zo640c/i_tried_to_investigate_which_projects_are_running/j0ow0g3/

We're always around via dm or on Twitter to help out

Commented by /u/d13co in /r/algorand on December 18, 2022 03:34:00
/r/algorand/comments/znb0wm/do_you_believe_an_expert_governor_should_run_a/j0jm8fz/

I think that delegation answers this problem fairly well. If you are capable & willing, do it yourself. Otherwise find someone from the community to do it for you - nobody excluded. If your algo is going to be locked up for a year in xGov or may as well be doing something, by design

Commented by /u/d13co in /r/algorand on December 16, 2022 22:23:34
/r/algorand/comments/znb0wm/do_you_believe_an_expert_governor_should_run_a/j0ickaj/

I don't care if it's rolled into gov at all tbh, we just need to create incentives it this situation is to be improved. But curious why it doesn't sit right with you though. Care to elaborate?

Commented by /u/d13co in /r/algorand on December 16, 2022 16:24:39
/r/algorand/comments/znb0wm/do_you_believe_an_expert_governor_should_run_a/j0i9j88/

Hi, author of the Oracle participation guide here. I wholeheartedly agree with incentivising participation. The altruistic participator assumption has failed. I don't mind whether it is rolled into xGov or not. I last ran consensus data in October, when we had 295 participating nodes. Inc + foundation controlled 38.7% of consensus power and block proposals back then. The Algorand consensus protocol is designed for 33% honest participation. Today there are 190 participating nodes, so these stats will likely be even worse. We will publish a decentralization portal soon with live data from chain. A couple more things: - the 1 click participation node by the foundation is not a solution. Ask me why if you're interested. - Perfect is the enemy of Good. Aspiring to ideals of the perfect system is admirable but we need to have a reality check and fix this dire situation now. - Delegation is possible with delegated logic sigs that allow keyreg transactions on your behalf. Or even generating participation keys and sharing them with a member of the community you trust. - Delegation won't necessarily lead to bad actors controlling the network, especially since there is no minimum for participating. In the 32ETH minimum model of Ethereum or with the cost model is Solana validators, you need a business plan to participate in their consensus as a validator. Not so on Algorand. We can build the tooling to make this trustless, monitored and transparent, but we need financial incentives first - people just won't participate altruistically. - if anyone needs help setting up a node, dm me - the guide applied to any Ubuntu system. Oracle is an "always free" option that is good enough. Having to use it is a consequence of not incentivising participation I think this is one of the biggest problems with Algorand right now, far worse than the price action.

Commented by /u/d13co in /r/algorand on December 16, 2022 16:03:37
/r/algorand/comments/znb0wm/do_you_believe_an_expert_governor_should_run_a/j0gdsdx/

They will not charge you without you explicitly upgrading to a paid tier

Commented by /u/d13co in /r/algorand on December 16, 2022 08:22:41
/r/algorand/comments/znb0wm/do_you_believe_an_expert_governor_should_run_a/j0gdnsp/

If you have an Ubuntu server anywhere, the instructions are the same Oracle is a free resource that you can use, or not

Commented by /u/d13co in /r/algorand on December 16, 2022 08:21:33
/r/D13/comments/z7iiv4/pact_spaces_with_d13_world_cup_sweepstakes_some/iy6r1f4/

Tomorrow we will be giving away something that's never been given away before. Not just #algofam either - a CT first. Intrigued❓ Will be announced & discussed there

Commented by /u/d13co in /r/D13 on November 28, 2022 22:52:22
/r/algorand/comments/z7fm91/pact_spaces_with_d13_world_cup_sweepstakes_some/iy6qzhq/

Tomorrow we will be giving away something that's never been given away before. Not just #algofam either - a CT first. Will be announced & discussed there!

Commented by /u/d13co in /r/algorand on November 28, 2022 22:51:55
/r/AlgorandOfficial/comments/z6an5d/this_week_in_algorand_gaming_nov_27_2022/iy1cvko/

We also built this 😃 Launched last Sunday, going pretty well! https://www.reddit.com/r/D13/comments/z5i13z/introducing_cupstakes_world_cup_lottery

Commented by /u/d13co in /r/AlgorandOfficial on November 27, 2022 19:18:43
/r/algorand/comments/z6217m/introducing_cupstakes_world_cup_lottery/ixz4a5g/

## Trust Partners AKA 5/8 multisig holders D13.co//ective CupStakes Developers & operators Address: d13collective.algo Twitter: @D13_co --- Fred Estante [1] Head of Product Marketing, Algorand Foundation Address: fredestante.algo Twitter: @FredEstante --- Nullun [1] Developer Relations, Algorand Inc Address: nullun.algo Twitter: @nullun --- Choppa [1] Core community manager, Pact.fi Address: choppa.algo Twitter: @CHOPPAtheSHARK --- Zeus.algo Father of the NFT Collector Gods Address: zeus.algo Twitter: @zeus_algo --- LeavemeaGnome Creator of Orbital Gnome Strikers, Largest NFT Holder on Algorand Address: gnome.algo Twitter: @LeavemeaGnome --- SaxoSays Blockchain Consultant, Founder of TheHouseofFUD.Com Address: saxosays.algo Twitter: @SaysSaxo --- Farzan Akhtar Blockchain and Beyond podcast host Address: farzan.algo Twitter: @FarzanAkhtar1 --- **[1] Participating as individuals; not an endorsement by the Algorand Foundation, Algorand inc or Pact.fi**

Commented by /u/d13co in /r/algorand on November 27, 2022 10:00:17
/r/D13/comments/z5i13z/introducing_cupstakes_world_cup_lottery/ixz2c4a/

Feel free to stay where you are! But just FYI gnome is of 8 who will just approve our audit at the end before moving the rewards to the Redeem contract.

Commented by /u/d13co in /r/D13 on November 27, 2022 09:44:29
/r/D13/comments/z5i13z/introducing_cupstakes_world_cup_lottery/ixyv5pm/

Not publicly documented identities :]

Commented by /u/d13co in /r/D13 on November 27, 2022 08:40:46
/r/AlgorandOfficial/comments/z5iapl/introducing_cupstakes_world_cup_lottery/ixwd3le/

## Trust Partners AKA 5/8 multisig holders D13.co//ective CupStakes Developers & operators Address: d13collective.algo Twitter: @D13_co --- Fred Estante [1] Head of Product Marketing, Algorand Foundation Address: fredestante.algo Twitter: @FredEstante --- Nullun [1] Developer Relations, Algorand Inc Address: nullun.algo Twitter: @nullun --- Choppa [1] Core community manager, Pact.fi Address: choppa.algo Twitter: @CHOPPAtheSHARK --- Zeus.algo Father of the NFT Collector Gods Address: zeus.algo Twitter: @zeus_algo --- LeavemeaGnome Creator of Orbital Gnome Strikers, Largest NFT Holder on Algorand Address: gnome.algo Twitter: @LeavemeaGnome --- SaxoSays Blockchain Consultant, Founder of TheHouseofFUD.Com Address: saxosays.algo Twitter: @SaysSaxo --- Farzan Akhtar Blockchain and Beyond podcast host Address: farzan.algo Twitter: @FarzanAkhtar1 --- **[1] Participating as individuals; not an endorsement by the Algorand Foundation, Algorand inc or Pact.fi**

Commented by /u/d13co in /r/AlgorandOfficial on November 26, 2022 17:05:56
/r/algorand/comments/z0nykf/cupstakes_world_cup_lottery_on_mainnet_using/ixw8cf0/

Found some time to put together a summary,: https://www.reddit.com/r/AlgorandOfficial/comments/z5iapl/introducing_cupstakes_world_cup_lottery Hoping to get some questions as I love talking about this!

Commented by /u/d13co in /r/algorand on November 26, 2022 16:29:49
/r/D13/comments/z5i13z/introducing_cupstakes_world_cup_lottery/ixw6yka/

## Trust Partners AKA 5/8 multisig holders D13.co//ective CupStakes Developers & operators Address: d13collective.algo Twitter: @D13_co --- Fred Estante [1] Head of Product Marketing, Algorand Foundation Address: fredestante.algo Twitter: @FredEstante --- Nullun [1] Developer Relations, Algorand Inc Address: nullun.algo Twitter: @nullun --- Choppa [1] Core community manager, Pact.fi Address: choppa.algo Twitter: @CHOPPAtheSHARK --- Zeus.algo Father of the NFT Collector Gods Address: zeus.algo Twitter: @zeus_algo --- LeavemeaGnome Creator of Orbital Gnome Strikers, Largest NFT Holder on Algorand Address: gnome.algo Twitter: @LeavemeaGnome --- SaxoSays Blockchain Consultant, Founder of TheHouseofFUD.Com Address: saxosays.algo Twitter: @SaysSaxo --- Farzan Akhtar Blockchain and Beyond podcast host Address: farzan.algo Twitter: @FarzanAkhtar1 --- **[1] Participating as individuals; not an endorsement by the Algorand Foundation, Algorand inc or Pact.fi**

Commented by /u/d13co in /r/D13 on November 26, 2022 16:19:25
/r/algorand/comments/z3oexp/algorand_declines_to_02432_despite_partnership/ixnphpa/

If you want to degen on the world cup on a grassroots project on Algorand we have the [first VRF backed project on MainNet](https://CupStakes.world) "CupStakes" a lottery sweepstakes. Had our first [Twitter](https://Twitter.com/CupStakes) giveaway w/ NFDomains on Monday & doing one right now w/ Vendible! There's a lot to talk about re:this - Trust model/multisig, VRF, game mechanics, traction, etc. I do intend to do a write-up if I find a second (...hour) but if you have specific questions/concerns/comments that'll kick my butt to engage So far Twitter thinks it's pretty cool. Let's see what lies ahead

Commented by /u/d13co in /r/algorand on November 24, 2022 16:14:07
/r/algofi/comments/z2ufn3/reminder_collateral_factors_for_stbl2gobtc/ixkrhru/

They haven't blocked them yet I think

Commented by /u/d13co in /r/algofi on November 23, 2022 23:26:31
/r/algorand/comments/z0nykf/cupstakes_world_cup_lottery_on_mainnet_using/ixkpoqf/

Hey great! Indeed the mutability hasn't come into play very much still, but we *are* generating the text dynamically - the NFT/ASA is printed at the bottom a la a carnival/lottery ticket, and the odds of each team (which will start changing rapidly when teams start getting eliminated) is also on there Initially we wanted to have "win value" - redeemable value if team wins - but we thought that this would be too low to begin with, and would require near-constants updated, so we have shelved that design for now. Here's an unprinted Belgium! [https://i.redd.it/xwf44nvwpt1a1.png](https://i.redd.it/xwf44nvwpt1a1.png) vs printed https://s3.amazonaws.com/algorand-wallet-mainnet-thumbnails/prism-images/media/collectible\_primary\_images/2022/11/22/4712710899624a9bb01b8b22d17430c0.png--resize--w\_\_1152--q\_\_70.webp

Commented by /u/d13co in /r/algorand on November 23, 2022 23:09:18
/r/algorand/comments/z0nykf/cupstakes_world_cup_lottery_on_mainnet_using/ixhlujc/

Oh hey, this is ours! Thanks for posting : ) We have been super busy and mostly focused on Twitter but we'll pay homage to our reddit peeps soon too. I do kinda with I had seen it so we could engage a bit more. I like what you like as well : ) We also tried to optimize for usability - in order to do VRF safely, the user must commit funds before the draw & the draw must be planned-for in the future. As such, for a single draw you'd normally need 2 txns, 1/pay, then 2/execute, but at some point in the development we realized that we don't need the user's sig to do /2/ and we wrote two (because: redundancy) backend bots that compete to execute user txns as soon as possible : ) You can see them [fighting it out here](https://twitter.com/CupStakes/status/1595003863937220611?s=20&t=psj7f4p7kig1bluhHTxe_A) We will do a bunch of give-aways on Twitter (mostly) in order to get some traction with the community, but may do one for Reddit as well We will soon put up "personal account history" & VRF proof-of-draw, we will likely come around and talk about the tech behind this too Not sure if you've noticed the Trust model as well - we're undoxxed 😱 but we put all rewards in a multisig with trusted people 🙌 Check out the trust model section in the [homepage](https://cupstakes.world/#trust). We think there's plenty to like here, but ofc we are biased

Commented by /u/d13co in /r/algorand on November 23, 2022 09:42:45
/r/CryptoCurrency/comments/yzl251/solana_is_being_wiped_out_tvl_has_crashed_to_280m/ix2s7ip/

The Solana market cap has a sollet sized hole: soBTC and soETH combined market cap was $887m. In case you haven't heard, they were backed by Alameda. soBTC today: $1148 soETH today: $172 F

Commented by /u/d13co in /r/CryptoCurrency on November 20, 2022 03:22:43
/r/algorand/comments/yyu1oj/i_believe_the_ineligible_whale_is_coinbase/iwwfx2l/

Or further in (to other Coinbase accounts) GOD we need better analysis tools to sleuth properly We'll get around to building them Ps: edited gp with an observation about size of commitment break

Commented by /u/d13co in /r/algorand on November 18, 2022 16:34:01
/r/algorand/comments/yyu1oj/i_believe_the_ineligible_whale_is_coinbase/iwweokw/

I agree that they ended up in (one of?) The Coinbase hot wallets, but one of the intermediate addresses could be a Coinbase user's deposit address, so it isn't necessary that cb itself dropped out The og gov wallets that dropped out were all funded from inc, so an ecosystem partner or VC is a likelihood as well

Commented by /u/d13co in /r/algorand on November 18, 2022 16:25:22
/r/algorand/comments/yy63ci/230m_algo_just_became_ineligible/iwtglif/

https://twitter.com/Algo_Observer/status/1593436332176691206

Commented by /u/d13co in /r/algorand on November 18, 2022 00:31:19
/r/algofi/comments/ytxqjl/my_pera_wallet_is_showing_im_ineligible/iw7c2o3/

No, but you can remedy it partly by buying gALGO Withdraw from vault Download defly and set a 0.965 alert for gALGO/ALGO pair When it hits, buy gALGO (or even just buy it now, still good APR if you don't care about optimizing) When Governance period ends, folks finance redeems it at 1:1 w/o fees ("burn gALGO") It's really good APR actually, just don't miss the redeem/burn window - it is a week or so Search gALGO on the subreddit for more info

Commented by /u/d13co in /r/algofi on November 13, 2022 09:59:15
/r/algofi/comments/ytxqjl/my_pera_wallet_is_showing_im_ineligible/iw7b64x/

This shouldn't be possible unless you removed from vault Copy your vault address and look it up on foundation governance website to double check

Commented by /u/d13co in /r/algofi on November 13, 2022 09:52:08
/r/algorand/comments/ytykjb/pera_waller_security/iw6ujb0/

Implicit question seems to be if Pera is self-custodial. It is - your Pera balance isn't accessible by Pera team under normal circumstances, it is yours in the cryptocurrency sense (not in the IOU CEX sense) That said, ledger is best to protect against a malicious Pera update, as sibling comment points out

Commented by /u/d13co in /r/algorand on November 13, 2022 07:12:27
/r/algofi/comments/ytxqjl/my_pera_wallet_is_showing_im_ineligible/iw6u61b/

Did you start off eligible? Adding to vault is the first part, you have to commit afterwards

Commented by /u/d13co in /r/algofi on November 13, 2022 07:07:59
/r/yieldly/comments/ytr9yu/what_happened/iw6tv5d/

You're ok with 95% down year-to-date **versus ALGO**? "It'll be ok"? https://vestige.fi/asset/226701642 I'm sorry for your loss

Commented by /u/d13co in /r/yieldly on November 13, 2022 07:04:16
/r/AlgorandOfficial/comments/ysf945/pera_wallet_still_safest_option/iw0yt3l/

Since I haven't seen it mentioned here: With Pera you can rekey your governance account to your ledger and not miss governance (assuming you have 1 transaction fee to pay without becoming I eligible) This will set your ledger as the controlling address of your existing address You won't need to move Algo anywhere and will get the protection of hardware wallet on your existing account Super powerful Read up on this and to do it: go to your account on pera->more->rekey account

Commented by /u/d13co in /r/AlgorandOfficial on November 11, 2022 21:23:15
/r/PeraWallet/comments/yscdyd/tips_tricks_by_pera_3_ℹ/iw0xyoj/

Disconnect existing WalletConnect sessions from settings

Commented by /u/d13co in /r/PeraWallet on November 11, 2022 21:16:02
/r/AlgorandOfficial/comments/ypsxgz/gov5_when_will_the_data_on_the_defi_governance/ivu5y9d/

Our 13.7 projected rate assumes an overall dropout rate of 10.5% In all likelihood we will exceed that due to everything that has transpired in the past few days.

Commented by /u/d13co in /r/AlgorandOfficial on November 10, 2022 12:09:29
/r/ledgerwallet/comments/yqxdin/a_server_outage_has_been_detected_in_ledger_live/ivr06u7/

It is irritating a bit but no reason to be hostile. A status page is likely automated and there are points of failure that aren't necessarily easy to detect. For example the status code 503 indicates that the server is up but having backend issues (DB?) so a simple /status HTTP endpoint may still be returning 200 A-OK chief

Commented by /u/d13co in /r/ledgerwallet on November 9, 2022 18:39:28
/r/ledgerwallet/comments/yqxdin/a_server_outage_has_been_detected_in_ledger_live/ivqyyxr/

\`WebsocketConnectionError: Unexpected server response: 503\`

Commented by /u/d13co in /r/ledgerwallet on November 9, 2022 18:30:36
/r/ledgerwallet/comments/yqxdin/a_server_outage_has_been_detected_in_ledger_live/ivqyuv8/

I assume you don't need error logs right?

Commented by /u/d13co in /r/ledgerwallet on November 9, 2022 18:29:49
/r/ledgerwallet/comments/yqxdin/a_server_outage_has_been_detected_in_ledger_live/ivqynq9/

Would be nice if [status.ledger.com](https://status.ledger.com) displayed the actual status instead of just green

Commented by /u/d13co in /r/ledgerwallet on November 9, 2022 18:28:22
/r/CryptoCurrency/comments/vmihfp/taking_the_plunge_ledger_nano_x_or_ledger_nano_s/ivpq6w2/

Pleasure. Note that that's just some randos opinion but I think it is the general sentiment in the space. Congrats for looking into hardware wallets - bullish for you

Commented by /u/d13co in /r/CryptoCurrency on November 9, 2022 13:35:50
/r/CryptoCurrency/comments/vmihfp/taking_the_plunge_ledger_nano_x_or_ledger_nano_s/ivppfb9/

Yes. Better security track record and more supported tokens

Commented by /u/d13co in /r/CryptoCurrency on November 9, 2022 13:30:51
/r/CryptoCurrency/comments/vmihfp/taking_the_plunge_ledger_nano_x_or_ledger_nano_s/ivpp5hd/

Pleasure fam. FYI the new nano S has a lot more storage so this isn't a concern anymore. Mobile still is. Love my nano x

Commented by /u/d13co in /r/CryptoCurrency on November 9, 2022 13:29:03
/r/CryptoCurrency/comments/vmihfp/taking_the_plunge_ledger_nano_x_or_ledger_nano_s/ivpoond/

Doing some reddit archeology? :) Apps enable storing/signing for networks To store & sign Cardano you need to install the Cardano app. Etc If you uninstall you don't lose anything, as keys will be derived in the same way when you reinstall - it is just an Inconvenience If you are limited in storage space (I believe you can only install via ledger desktop, for instance)

Commented by /u/d13co in /r/CryptoCurrency on November 9, 2022 13:26:02
/r/AlgorandOfficial/comments/ypsxgz/gov5_when_will_the_data_on_the_defi_governance/ivmyshq/

We crunched some numbers when enrollment ended https://twitter.com/Algo_Observer/status/1583878678609395712 Or if you don't have an account https://nitter.net/Algo_Observer/status/1583878678609395712

Commented by /u/d13co in /r/AlgorandOfficial on November 8, 2022 22:18:25
/r/D13/comments/yfu1j3/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iuf764p/

Algorand Standard Asset Coins like USDC and NFTs are ASAs

Commented by /u/d13co in /r/D13 on October 30, 2022 17:32:24
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iuf6sr4/

Not sure if ironic but the intent was to avoid the loginwall that Twitter has

Commented by /u/d13co in /r/AlgorandOfficial on October 30, 2022 17:29:52
/r/algorand/comments/ygml6g/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iue0bj0/

Article about HesabPay, women in Afghanistan, using tech & crypto to escape poverty and oppression: https://nymag.com/intelligencer/2022/09/afghanistans-crypto-lifeline.html

Commented by /u/d13co in /r/algorand on October 30, 2022 12:49:01
/r/algorand/comments/ygml6g/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iue06ez/

Was it? Are you proud of it? Here's Hesab [putting food in people's mouths in a country with a destroyed banking system](https://nymag.com/intelligencer/2022/09/afghanistans-crypto-lifeline.html) and the only thing you brought was a bin laden joke? Can you make it funny at least? Check the punchline of the article above, it's really funny bruh: > “The Taliban want to remove women from society and my biggest fear,” she says, “is to disappear.”

Commented by /u/d13co in /r/algorand on October 30, 2022 12:48:02
/r/algorand/comments/ygml6g/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iuau2a7/

Indeed - I am curious about the motivations there The foundation did fund the migration but as you may imagine, you don't do a migration like that just because someone offers to sign the bill for it

Commented by /u/d13co in /r/algorand on October 29, 2022 18:19:18
/r/D13/comments/yfu1j3/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iuats7x/

Indeed, it is just quietly chugging along on MainNet and we are none the wiser

Commented by /u/d13co in /r/D13 on October 29, 2022 18:17:07
/r/algorand/comments/ygml6g/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu996nk/

While we're all waiting for FIFA to remember they have NFTs on Algorand and shoot us to $100K ALGO by end of 2021, we stumbled upon a use case that is actually helping unbanked and underbanked people on the ground *right now*. It has been shared a little but not too much, and we weren't expecting this growth. Consider that this project is basically just 6 weeks old (edit: -ish, they migrated from stellar xlm) The company is called HesabPay and they [are on Twitter](https://twitter.com/hesabpay_) We linked the thread on Nitter to accomodate non-Twitte-users but if you want to follow us or like the official app, here is the [Twitter version](https://twitter.com/Algo_Observer/status/1586037311497990146) ------ Curious what the app looks like? [Nitter screenshot tour](https://nitter.net/d13_co/status/1586138023078801409?) [Twitter tour](https://twitter.com/d13_co/status/1586138023078801409) in case nitter images aren't loading

Commented by /u/d13co in /r/algorand on October 29, 2022 11:31:40
/r/AlgorandOfficial/comments/yfsb3z/the_best_application_of_blockchain_is_the/iu738j1/

Just did a write up on Twitter about HesabPay. Afghanistan has massive poverty and a collapsing banking system. 6% have bank accounts but there are 27m mobile phones. HesabPay built a payments-bills-stores all-in-one-app ecosystem that uses Algorand behind the scenes and caters to underbanked people. Their token is the #5 most opted in asset on MainNet. It isn't broadly available, however, as their ecosystem is closed to the app only. You don't realize it "is crypto" [Token thread](https://twitter.com/Algo_Observer/status/1586037311497990146?t=NnMJPZo4rhr85stlOzyzTA&s=19) [App tour - screenshots](https://twitter.com/d13_co/status/1586138023078801409?t=_9BSBIZ-Ov5q5dIZ_QZTtw&s=19) _very_ developed and featureful [Reddit duscussion](https://www.reddit.com/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/?utm_source=share&utm_medium=android_app&utm_name=androidcss&utm_term=1&utm_content=share_button) Arguably this doesn't fit perfectly as it isn't open to the rest Algorand and still controlled by the app operators and yada yada _but_ their customers are: unbanked or underbanked, and are being failed by their banking institutions, and this solves their problems without exposing them to the crypto learning curve.

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 21:27:25
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu6s89b/

The token isn't freely traded on DEX. Their app is a closed ecosystem on-rails payment system within Afghanistan that uses Algorand as its settlement layer.

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 19:58:14
/r/AlgorandOfficial/comments/yg0ek1/concerns_over_binance_algo_holdings_are_getting/iu6s2k6/

Binance has been around since the beginning. The SP745 wallet was funded Fri, 21 Jun 2019 11:11:18 GMT As in **10 days after MainNet started up**. That's how early they were. Binance is where smaller CEX get their ALGO The "sabotage due to BNB competition" argument is pretty weak as their main thing is their CEX and they would lose trust fast if they fucked with another coin openly/significantly, seriously doubt that.

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 19:56:54
/r/D13/comments/yfu1j3/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu6q85k/

**check out the app: [screenshot tour](https://nitter.net/d13_co/status/1586138023078801409?)** 💯

Commented by /u/d13co in /r/D13 on October 28, 2022 19:41:48
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu6q0xk/

It seems to be an on-rails Ecosystem using Algorand for settlement, check the [screenshot tour](https://nitter.net/d13_co/status/1586138023078801409?) Don't think it matters if the max supply is off the rails in this case

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 19:40:07
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu6jbwd/

Vestige doesn't load either for this asset ID, so I don't think it is openly traded. They also have a USD token - (HUSD) which you also can't find openly, so they may be somewhat sandboxed, so to speak. Haven't seen the app. Edit: saw the app (great! See top comment) it is a closed ecosystem with Algorand as a settlement layer, so you won't see it on tinyman

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 18:46:12
/r/D13/comments/yfu1j3/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu5utdm/

ID 849191641 [AlgoExplorer Link](https://algoexplorer.io/asset/849191641)

Commented by /u/d13co in /r/D13 on October 28, 2022 15:47:54
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu5uqts/

ID 849191641 [AlgoExplorer Link](https://algoexplorer.io/asset/849191641)

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 15:47:25
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu5ukwc/

There was an article from the Foundation about this: https://www.algorand.foundation/news/hesabpay > “Afghanistan’s liquidity has been drastically constrained by a paralyzed banking sector, frozen assets and an acute shortage of physical currency notes. Equipping HesabPay with a fast, reliable and cost-effective settlement layer is critical to moving international aid into the hands of those who need it most.” - Matt Keller, Director of Impact and Inclusion at the Algorand Foundation. Noteworthy: > only 6% of Afghans have bank accounts, there are 27 million mobile phones in use Interestingly they migrated from Stellar > HesabPay’s migration from Stellar to Algorand has been completed. Which actually is a good fit for cross-border and stablecoins 🤔

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 15:46:18
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu5u249/

Can't believe I forgot to mention the ID or link it: https://algoexplorer.io/asset/849191641 The [spreadsheet](https://docs.google.com/spreadsheets/d/18RhyBnp3A76NUw5frbSwdIKqmWt298mdW_fjJkwHIRw/edit) we listed at the end includes all non-zero account balances on the same page, so that may be a bit more user friendly depending on what you had in mind

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 15:42:46
/r/AlgorandOfficial/comments/yfoyfb/poll_are_you_a_developer/iu574bj/

Case in point & fresh from the oven - https://new.reddit.com/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/ We like using things the wrong way, like querying the ledger sqlite database directly (don't worry, in read-only mode. no ledgers were hurt yada yada)

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 13:08:02
/r/D13/comments/yfu1j3/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu56pd2/

While we're all waiting for FIFA to remember they have NFTs on Algorand and shoot us to $100K ALGO by end of 2021, we stumbled upon a use case that is actually helping unbanked and underbanked people on the ground right now. It has been shared a little but not too much, and we weren't expecting this growth. Consider that this project is basically just 6 weeks old (!) We linked Nitter to accomodate non-Twitterers but if you want to follow us or like the official app, here is the [Twitter version](https://twitter.com/Algo_Observer/status/1586037311497990146)

Commented by /u/d13co in /r/D13 on October 28, 2022 13:05:20
/r/AlgorandOfficial/comments/yfu411/the_5th_most_opted_in_asa_on_mainnet_is_hafn_an/iu56icl/

While we're all waiting for FIFA to remember they have NFTs on Algorand and shoot us to $100K ALGO by end of 2021, we stumbled upon a use case that is actually helping unbanked and underbanked people on the ground *right now*. It has been shared a little but not too much, and we weren't expecting this growth. Consider that this project is basically just 6 weeks old (!) The company is called HesabPay and they [are on Twitter](https://twitter.com/hesabpay_) We linked the thread on Nitter to accomodate non-Twitte-users but if you want to follow us or like the official app, here is the [Twitter version](https://twitter.com/Algo_Observer/status/1586037311497990146) Edit: **check out the app though: [screenshot tour](https://nitter.net/d13_co/status/1586138023078801409?)** 💯 [Alternative](https://twitter.com/d13_co/status/1586138023078801409) in case nitter images aren't loading

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 13:04:04
/r/algorand/comments/yfl4h0/riskfree_staking_options_for_algo_these_days/iu4u50y/

Yes. Interestingly you can beat the best gov APRs if you time your gALGO buys right

Commented by /u/d13co in /r/algorand on October 28, 2022 11:42:09
/r/AlgorandOfficial/comments/yfoyfb/poll_are_you_a_developer/iu4l351/

👋 we've done a bunch of web2.5 stuff, a [bunch](https://voting.algorand.observer/) of [reports](https://Twitter.com/algo_observer), [more reports, guides](https://d13.co/), some chain->[Twitter](https://d13.co/) bot integrations for important events & are working on our first proper web3 dApp that you'll be hearing about soon.

Commented by /u/d13co in /r/AlgorandOfficial on October 28, 2022 10:40:48
/r/algorand/comments/yfl4h0/riskfree_staking_options_for_algo_these_days/iu4jaji/

Buying gALGO at current prices is a good way to get gov rewards exposure https://www.reddit.com/r/algorand/comments/ydv18h/missed_governance_5_best_options/itwc9zf/

Commented by /u/d13co in /r/algorand on October 28, 2022 10:28:18
/r/PeraWallet/comments/yeu78e/pera_wallet_541_is_live_on_ios/iu2on7g/

Have you tried clearing all sessions? In settings -> WalletConnect you should see a button at the bottom of the page

Commented by /u/d13co in /r/PeraWallet on October 27, 2022 22:38:26
/r/PeraWallet/comments/yeu78e/pera_wallet_541_is_live_on_ios/iu0y1gd/

Check if you have the latest version - I can see it on Android on latest Pera (5.4.0)

Commented by /u/d13co in /r/PeraWallet on October 27, 2022 15:07:23
/r/algorand/comments/ydv18h/missed_governance_5_best_options/itxtdxu/

Yes, you'll be able to redeem! They call it burn

Commented by /u/d13co in /r/algorand on October 26, 2022 22:14:29
/r/algorand/comments/ye50m5/missing_governance_algo/itwy9dj/

Have you mastered the look of "I'm wholeheartedly engrossed in this conversation about Kevin's KPIs"?

Commented by /u/d13co in /r/algorand on October 26, 2022 18:19:24
/r/algorand/comments/ye50m5/missing_governance_algo/itwxj80/

Good God you are everywhere

Commented by /u/d13co in /r/algorand on October 26, 2022 18:14:07
/r/CryptoCurrency/comments/ye517r/if_you_could_remove_any_singular_cryptocurrency/itwxem6/

I was looking for this. Impressive that such a blatant con would amass such a cult of personality around the Arch Scammer

Commented by /u/d13co in /r/CryptoCurrency on October 26, 2022 18:13:11
/r/AlgorandOfficial/comments/ydk392/please_be_aware_of_scams/itwqpp4/

Eternal September has begun

Commented by /u/d13co in /r/AlgorandOfficial on October 26, 2022 17:27:33
/r/AlgorandOfficial/comments/ydk392/please_be_aware_of_scams/itwqhyl/

This is a bad way to solve this problem. I can then seed a few hundred accounts with $500/$5000 to mark the (e.g.) PACT rewards distribution txns as spam, just to grief them and disable them. Wouldn't even need to spend the money, just have it as "stake" The solution has been suggested hundreds of times: stop showing notifications on the wallet for dust amounts by default

Commented by /u/d13co in /r/AlgorandOfficial on October 26, 2022 17:26:07
/r/AlgorandOfficial/comments/ydk392/please_be_aware_of_scams/itwpxg9/

And "batrledoo did it first" is a piss-poor excuse for why a foundation associated project would do it to tens of thousands of governors. I did enjoy the fake apology though

Commented by /u/d13co in /r/AlgorandOfficial on October 26, 2022 17:22:18
/r/algorand/comments/ydksxp/interesting/itwpbh8/

If you're Cardano, a flood attack is a concern. Algorand would chew that up. The spam aspect is a wallet issue and hopefully it will be fixed with such a setting.

Commented by /u/d13co in /r/algorand on October 26, 2022 17:18:11
/r/algorand/comments/ydksxp/interesting/itwozxb/

You are exactly in the right track and people have been asking this of Pera since the gard spree Instead they moved the note contents into the notification _smh_ I realize they likely had that feature ready in the pipeline but still, the timing was very tone deaf. The right move was to hold the feature/release and pair it with the min amount for notification setting Instead some random dude has to dust back with warnings. Crazy times.

Commented by /u/d13co in /r/algorand on October 26, 2022 17:16:02
/r/algorand/comments/ydksxp/interesting/itwompl/

He is entirely correct though. Best implemented on wallet as that notification is the motivation for the spam. Instead you're proposing a network wide , protocol level change to introduce minimum accepted Algo per account? Where did you learn your Blockchain exactly?

Commented by /u/d13co in /r/algorand on October 26, 2022 17:13:36
/r/algorand/comments/ydv18h/missed_governance_5_best_options/itwdkpb/

Why invest any amount anyhow, then? Just work more and make more money, right? It doesn't make sense to disregard APRs up to [13.7% for liquid Governance](https://twitter.com/Algo_Observer/status/1584990721488359425?t=hTZNT4-cgUnxMVHNwHZISw&s=19) because it is "too small", because.. It isn't.

Commented by /u/d13co in /r/algorand on October 26, 2022 16:03:46
/r/algorand/comments/ydv18h/missed_governance_5_best_options/itwd8y8/

Liquid gov projected return (folks, AlgoFi) is 13.7% Don't think you can beat that without being exposed to impermanent loss https://twitter.com/Algo_Observer/status/1584990721488359425?t=hTZNT4-cgUnxMVHNwHZISw&s=19

Commented by /u/d13co in /r/algorand on October 26, 2022 16:01:44
/r/algorand/comments/ydv18h/missed_governance_5_best_options/itwcrxx/

To add to sibling comment, you can also just buy it on a dex - currently 0.972, a 2.8% discount (11.5+% APR) Cherry on top is no dex fees to swap back to Algo (folks doesn't keep a % at all) Watch out for the redeem period though, I isn't too long

Commented by /u/d13co in /r/algorand on October 26, 2022 15:58:51
/r/algorand/comments/ydv18h/missed_governance_5_best_options/itwc9zf/

gALGO is folk's governance Algo token They redeem it at 1:1 for ALGO after rewards are paid out If you buy it at 0.972 that it is now and swap it for 1:1 then (without dex fees, too!) You get the equivalent of 11.5+% APR (2.88% return in less than 3 Months) You just need to make sure you find out about the redeem period which doesn't last long afaik

Commented by /u/d13co in /r/algorand on October 26, 2022 15:55:43
/r/CryptoCurrency/comments/ye0vb4/yesterday_algorand_processed_over_23_million/itvn0mk/

[Correct](https://www.reddit.com/r/CryptoCurrency/comments/ye0vb4/yesterday_algorand_processed_over_23_million/itvm5h7/). It can't even evade a theoretical censorship for itself, let alone help the rest of the network.

Commented by /u/d13co in /r/CryptoCurrency on October 26, 2022 13:15:06
/r/CryptoCurrency/comments/ye0vb4/yesterday_algorand_processed_over_23_million/itvmsuu/

[Yes](https://www.reddit.com/r/CryptoCurrency/comments/ye0vb4/yesterday_algorand_processed_over_23_million/itvm5h7/) The CTO of the Foundation has stated multiple times that opening them up is in his 2023 plans. Making them permissionless isn't as straightforward as it would seem. If the current model of broadcasting through a single of your N connected relays is maintained, then a staking/slashing model is needed for rewards/punishment Otherwise the comm model can become a _lot_ chattier and the txns can be pushed to many relays at the same time, so censorship can only succeed by _all_ of your peer relays colluding against you

Commented by /u/d13co in /r/CryptoCurrency on October 26, 2022 13:13:42
/r/CryptoCurrency/comments/ye0vb4/yesterday_algorand_processed_over_23_million/itvm5h7/

That post has done a good amount of damage to understanding that a private relay can and cannot do. I'm sure the intentions were good but: Relays are permissioned in every meaningful way. You can still run the software but without the privileges that make relays what they are. [I'll quote myself on Twitter](https://twitter.com/d13_co/status/1583826881932992515), where I am more active: ---- The Algorand network has 2 layers: L0 backbone: permissioned relays L1 clients: participation, archival, etc The comm model is strictly L1<->L0<->L1 You can run a private relay, but it is on L1 - it broadcasts through a permissioned relay like other clients A private relay will not be advertised to clients, you can only access it via direct configuration. In a theoretical relay censorship scenario, your private relay will also be censored by the actual L0 relays it talks to So it may be running Algod in relay mode but it isn't part of the backbone in any meaningful way! ---- John Woods [confirms this downthread](https://twitter.com/JohnAlanWoods/status/1583831868071239680) ETA: I am bullish on ALGO enough to be spending my time developing on it, but Right is Right

Commented by /u/d13co in /r/CryptoCurrency on October 26, 2022 13:09:31
/r/CryptoCurrency/comments/ye0vb4/yesterday_algorand_processed_over_23_million/itvkvnp/

Planet watch has been there forever, it is like background radiation for Algorand and part of the baseline FIFA and binance are my guesses

Commented by /u/d13co in /r/CryptoCurrency on October 26, 2022 13:01:11
/r/algorand/comments/ye28t3/why_is_algo_the_only_crypto_going_down_today/itvkggg/

It seems to have depegged from market average a bit, which can be a good thing Yesterday it pumped before btc/eth but then they pumped more

Commented by /u/d13co in /r/algorand on October 26, 2022 12:58:29
/r/algorand/comments/ydfs3h/transaction_from_is_rekeyed_address/itvk1ya/

Sounds like it is bad User Experience on the myAlgo side. Can you share screenshots and reproduction instructions?

Commented by /u/d13co in /r/algorand on October 26, 2022 12:55:54
/r/algorand/comments/ydk1op/antispam_proposal_for_pera_wallet_allow_users_to/itsq5sc/

Many people have been asking for this https://www.reddit.com/r/PeraWallet/comments/y2b7te/suggestions_setting_to_hide_small_deposits_to

Commented by /u/d13co in /r/algorand on October 25, 2022 20:49:01
/r/AlgorandOfficial/comments/yddq1s/projected_governance_p5_aprs_vanilla_66_liquid/itryjeu/

"not announced" https://governance.algorand.foundation/governance-period-5

Commented by /u/d13co in /r/AlgorandOfficial on October 25, 2022 17:24:59
/r/algorand/comments/yc03h0/node_question/itnzt0n/

![gif](giphy|U56VoSyFD8MFcie2k8)

Commented by /u/d13co in /r/algorand on October 24, 2022 21:16:23
/r/AlgorandOfficial/comments/yasr0r/whatever_happened_to_arccone/itnznk9/

Fact check: 260m ALGO, ~$80m Thanks for playing

Commented by /u/d13co in /r/AlgorandOfficial on October 24, 2022 21:15:19
/r/AlgorandOfficial/comments/ybi57g/looking_for_new_nfts_in_algorand/itnyt8o/

Are you sure you are down enough already?

Commented by /u/d13co in /r/AlgorandOfficial on October 24, 2022 21:09:29
/r/algorand/comments/yc03h0/node_question/itnygyn/

>If you are actually running a relay, then the only thing it will really do is pass connections between participation nodes that are configured to receive connections from outside of the default permissioned group of relays on the Foundation's whitelist Minor correction: afaik there is no such generic setting. You'd have to explicitly set up a participation node and point it to your private via hardwired IP configuration And then your private relay just bridges over to a foundation-approved relay, so you aren't accomplishing much at all. You're still relying on "foundation relays", just with extra steps. More: https://twitter.com/d13_co/status/1583826881932992515?t=bV-fZAWY6Ft_L2ZJBWz55g&s=19

Commented by /u/d13co in /r/algorand on October 24, 2022 21:07:12
/r/AlgorandOfficial/comments/ybu31s/how_can_algo_help_with_fixing_card_games/itjevm4/

Also: verifiable randomness for drawing randomly Super important In web2 you're relying on third party audits of backend code to ensure fairness, which requires trust all around

Commented by /u/d13co in /r/AlgorandOfficial on October 23, 2022 22:06:20
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjdki0/

I guess, if you catch it while it is happening We analyzed after the fact 2 *confirmed" victims, it goes: Victim -> new address -> changenow In the kitsuneinu case they kept a few Algo to fund more spamming but that's the majority Algo route

Commented by /u/d13co in /r/algorand on October 23, 2022 21:56:03
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjceh3/

The hardest by far is identifying victims, as the scammer "profits" don't go back to the dev wallets usually Had to do something like "accounts that were dusted and then emptied out shortly after", which has really bad signal to noise ratio

Commented by /u/d13co in /r/algorand on October 23, 2022 21:46:43
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjc7zt/

Ah interesting, I'll check it out for inspiration We used an indexer & custom scripts & almost brought down algoexplorer.io with the number of tabs we opened (It actually had some downtime in the middle of the investigation - can't wait to see what algonode will do with allo.io)

Commented by /u/d13co in /r/algorand on October 23, 2022 21:45:19
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjbk2d/

I can summarize and email you if you like Writing up chain analysis in an interesting way is challenging It is like... TX -> TX -> TX -> TX

Commented by /u/d13co in /r/algorand on October 23, 2022 21:40:04
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjbch8/

We have made a full on analysis and they use changenow (no KYC) They also scammed a kitsune inu wallet & emptied it I intend to do a write-up and publish it but I'm crunching on a real-deadline project rn so I don't know when it'll be out

Commented by /u/d13co in /r/algorand on October 23, 2022 21:38:26
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjb31r/

Did you also receive a warning from ALERTFAKEKMGANB2VGCH5FWTDGVUEOX4C4DV2WFIERWFWSFBPX6FS2KALE? "The rewards site you were just spammed with is a KNOWN phishing site attempting to scam you. Do NOT connect or give your phrase to that site!" Nice Edit: on Twitter: https://twitter.com/ALERTFAKE_KALE/status/1584315154925092864

Commented by /u/d13co in /r/algorand on October 23, 2022 21:36:22
/r/algorand/comments/ybxzyr/yes_you_just_received_a_transaction_from_an/itjanre/

There is no airdrop There are no free rewards And yes, this is the same as the airdrop scammers. Linked to same dev wallet.

Commented by /u/d13co in /r/algorand on October 23, 2022 21:33:13
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/itdp8qb/

Added a question upthread and: can I credit you with the feedback? As your /u/ sername or ...?

Commented by /u/d13co in /r/D13 on October 22, 2022 17:20:57
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/itdp09z/

Ah ok, but it will not be available after free trial expires The "free forever" tier is 2x { single core potato amd w/ half gig ram} or the much more formidable and flexible ampere configurations You will likely have to re-setup after trial ends (or pay?) I'll def add the placement/availability domains tip Can I ask what region was out of amperes? Wondering if I can look those up somehow and guide ppl to a region with availability

Commented by /u/d13co in /r/D13 on October 22, 2022 17:19:15
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/itdney4/

TYVM! ssh-add is likely a good call though not sure if it will work properly on mac (client side instructions should work there as well) and the re-add after reboot will need clarifying. I'll add it as a tip The AMD is likely too weak to participate properly :/ single core, 512MB if memory (heh) serves. Is that your spec? If so you may vote but likely not purpose blocks quickly enough You can change availability domains in instance placement (first box) and it should find some availability usually. This is the second time this has come up & I will add it to the guide. The combo of auto-update w/ updater script & systems startup in my systems semi-works: it does update on Cron but it doesn't restart algod so it needs a manual step to take effect - that's the reason I didn't include it rather than include sth that isnt fully auto for me

Commented by /u/d13co in /r/D13 on October 22, 2022 17:07:39
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/isufccw/

Thanks! No particular reason for Ubuntu, just that's what we deploy our own nodes with, so we can support it I think there are no Ubuntu/Debian specific instructions, CentOS should work just as well

Commented by /u/d13co in /r/D13 on October 18, 2022 15:52:16
/r/AlgorandOfficial/comments/y3xc9q/random_pera_wallet_activity/isnhv1a/

You were an inadvertent beta tester in the spamming apparently Web3 hipster oG check

Commented by /u/d13co in /r/AlgorandOfficial on October 17, 2022 04:47:09
/r/AlgorandOfficial/comments/y5ze51/the_spam_is_out_of_control_fix_this_garbage/isnhoi4/

Requesting permission to leave a comment

Commented by /u/d13co in /r/AlgorandOfficial on October 17, 2022 04:44:25
/r/AlgorandOfficial/comments/y5ze51/the_spam_is_out_of_control_fix_this_garbage/isnhkpo/

>A useful Pera feature would be to let the user choose a threshold for notifications Vote it up here: https://www.reddit.com/r/PeraWallet/comments/y2b7te/suggestions_setting_to_hide_small_deposits_to

Commented by /u/d13co in /r/AlgorandOfficial on October 17, 2022 04:42:48
/r/algorand/comments/y48akf/algofi_vs_gard_governors/isnhfh8/

Algofi does not count as a single wallet (folks does) That site is reliable, confirm with the Algo foundation website csv export if you care enough

Commented by /u/d13co in /r/algorand on October 17, 2022 04:40:35
/r/algorand/comments/y5xanr/thanks_kindly_stranger/isnh27j/

That's nice Just going to leave this /r/PeraWallet request for a minimum amount for notifications right hnyah: https://www.reddit.com/r/PeraWallet/comments/y2b7te/suggestions_setting_to_hide_small_deposits_to

Commented by /u/d13co in /r/algorand on October 17, 2022 04:35:02
/r/AlgorandOfficial/comments/y62poy/random_algo_keeps_getting_sent_to_my_wallet/isngvfa/

People actually follow links to fake airdrops and get scammed. Pera does need to implement a minimum amount to show a notification

Commented by /u/d13co in /r/AlgorandOfficial on October 17, 2022 04:32:13
/r/algofi/comments/y4wswq/the_bridge_server_is_not_active_anymore/isgku3o/

If you saw it in your console: a common Pera wallet warning. Ignorable afaik

Commented by /u/d13co in /r/algofi on October 15, 2022 16:44:50
/r/algofi/comments/y35bhe/algofi_governance_reddit_ama_with_the_core_dev/is6r0qq/

You guys can you *two things at once*? Woah. I had to suspend the toilet functions while typing this out.

Commented by /u/d13co in /r/algofi on October 13, 2022 14:30:20
/r/algofi/comments/y35bhe/algofi_governance_reddit_ama_with_the_core_dev/is6npdj/

Hi AlgoFi, There were recently some rumours about AlgoFi pursuing/researching developing an L1 chain. It is my understanding that there was a discord update, but haven't seen the contents of it yet personally. To what extend is this true? What can you share about your L1 vision? Are there implications for AlgoFi? --- PS: Thanks for taking the time to make the vault contract compatible with keyreg transactions, allowing us to participate in consensus with our vaulted. I am hoping [more people will take the time](https://www.reddit.com/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/) to do it.

Commented by /u/d13co in /r/algofi on October 13, 2022 14:08:32
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/is4wwys/

First off, not sure why it would matter so much what I believe, and it probably doesn't, but let's go: > So at the moment would you say its secure enough without the incentivization of consensus nodes? Anything is better than the previous model of HODL in wallet and get rewarded. I am very happy with the DeFi incentives that just passed, though honestly: they aren't enough. Baby steps, I guess. The DeFi incentives will lead more ALGO into participating in the actual on-chain ecosystem, providing liquidity and inviting more liquidity (pretty much how DeFi works.) The previous (and largely, current) model of *rewarding users for not moving their ALGO* is pretty nuts. I have [ranted](https://twitter.com/d13_co/status/1555180642261995522) about [governance](https://twitter.com/d13_co/status/1560969349296529409) extensively [on Twitter](https://twitter.com/d13_co/status/1561072248047472642) if you're in the [mood](https://twitter.com/search?q=%40d13_co%20governance&src=typed_query). It should also be noted that the governance reward APR is possibly the highest **inflation-adjusted** reward rate among serious L1 chains - measured against other L1s' **consensus participation reward rates**. That said, nothing is stopping people from hodling in wallet/governance and participating in consensus at the same time. In fact a good percentage of [governor whales by stake](https://d13.co/algorand-governance-whales-known-wallets-consensus-participation-stats/) do exactly that and AlgoFi enabling this via their vault is, frankly, amazing. But participating does cost time and money (usually - Oracle Cloud freebies notwithstanding), so a certain degree of altruism is needed to get everyday people to do it. Such altruism isn't unheard of - BTC nodes (not miners) have run without direct monetary incentives for years - but still, it feels like the foundation is incentivising the wrong thing while directly disincentivising the right thing (on-chain.) > If so, does it make sense to revert from that? Has that decision resulted in a stronger or weaker network in your opinion? I think first the relay node should be decentralized. At the moment they are run permissioned by a (large-ish) number of ecosystem participants, universities, etc. A collusion between them *all* to block a specific dApp or wallet (the extent of their power, really) is highly unlikely, but still, this is probably the first thing to fix. However, fixing this requires either introducing monetary incentives/penalties, or changing the communication model to be a *lot* chattier. If we open up relays to anyone-can-run-one without changing the comm model, then anyone can sabotage the chain by suppressing transactions and causing "downtime" (from the point of view of end users) That is because in the current model, your txn-broadcasting algod will connect to multiple relays but only send your transaction to just one of them. So a malicious relay could smile at you like it did its job but never send your txn to the pending transactions pool. Option A: talk to 4-8 relays at the same time, broadcasting your txn to all of them. Chances of all of them being malicious go towards zero Option B: complicated subsystem of staking/slashing for relays where their performance is monitored by the clients and agreed-upon to reward/slash their stake when they perform well or not. > Governance rewards seems to be set till 2030. Do you think that will change? Should it even? The main issue with governance is actually not the relays or consensus, but the high APR for zero risk. The risk/reward for holding in a ledger and getting your share of 282M ALGO/year will lead to most whales just doing that and not participating on-chain. What the hell are you going to build as a builder on Algorand that will compete with 7% ALGO APR while sitting on a cold wallet? So a solution would be to keep diluting those rewards towards DeFi, relays, consensus participants, etc - and I think that is what must happen, but I'm not sure if governors will keep realizing how necessary that is and vote with their long-term interests at heart. If that doesn't come to pass, another option would be to stretch out the rewards over a longer horizon - add another 10 years to the existing 2.x billion ALGO set aside for governance and lower the APR, making on-chain activities more enticing despite the smart contract risk, etc. Eventually the network will need to make enough money to buy its own lunch - relays, consensus and all.

Commented by /u/d13co in /r/D13 on October 13, 2022 06:00:08
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/is4uf1y/

Thanks very much for the kind words and the feedback! Typos should be fixed. Please do let me know if it worked out for you/if you got stuck/if something was unclear.

Commented by /u/d13co in /r/D13 on October 13, 2022 05:24:41
/r/algorand/comments/y25tth/if_yall_are_freaking_out_about_a_handful_of/is2vgqu/

The origin of the spam is concerning. This came from a Foundation grant recipient & Aeneas distributor. It is different if a shitcoin ASA does this vs Gard doing it It is terrible practice to familiarize the community with.

Commented by /u/d13co in /r/algorand on October 12, 2022 18:12:21
/r/algorand/comments/y25tth/if_yall_are_freaking_out_about_a_handful_of/is2v6aw/

It is trivial. Txn spam cost isn't zero, so it relies on a user noticing it Which in turn relies on a notification being shown for tiny amounts, which is easily fixed on the client side. Pera adds an option for minimum amount to show notification for, defaults to 0.1A

Commented by /u/d13co in /r/algorand on October 12, 2022 18:10:19
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/is1y6kd/

The incentives from passive Governance should be dilluted towards relay operators first - much more expensive - and consensus participation later The issue is partly that Algorand is trying to avoid delegation (eg giving your ETH to Coinbase to participate on your behalf) which usually leads to Centralization

Commented by /u/d13co in /r/D13 on October 12, 2022 14:37:03
/r/AlgorandOfficial/comments/y1d4c3/this_gard_spam_on_our_wallett_address_has_to_stop/is0s0ta/

Pera could have a filter: "don't notify for txn less than 0.01"

Commented by /u/d13co in /r/AlgorandOfficial on October 12, 2022 09:55:35
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/irz4k18/

It is the way it is for now.

Commented by /u/d13co in /r/D13 on October 11, 2022 22:50:50
/r/algorand/comments/y1gaqa/stepbystep_how_to_run_an_algorand_consensus/irxcj31/

This is the first draft of our guide to participating in consensus using free cloud resources (Oracle) Step by step, with screenshots and near the minimum possible amount of memes. If you can check it out and give feedback, we would improve it for everybody. Many thanks

Commented by /u/d13co in /r/algorand on October 11, 2022 15:06:44
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/irxcffc/

Amazing thank you

Commented by /u/d13co in /r/D13 on October 11, 2022 15:06:07
/r/D13/comments/y1g81t/stepbystep_how_to_run_an_algorand_consensus/irx5evr/

This is the first draft of our guide to participating in consensus using free cloud resources (Oracle) Step by step, with screenshots and near the minimum possible amount of memes. If you can check it out and give feedback, we would improve it for everybody. Many thanks

Commented by /u/d13co in /r/D13 on October 11, 2022 14:21:19
/r/non_US_Celsians/comments/xyv1ur/celsius_filings_dox_lookup_microsite_offline/irv2zsc/

Depends if you are interested in receiving some compensation for the debt, or if you are concerned about your legal name being in a public document - possibly along with enough identifiable info to tie your on-chain addresses to you

Commented by /u/d13co in /r/non_US_Celsians on October 11, 2022 03:12:53
/r/AlgorandOfficial/comments/y01p1g/random_address_sent_this_my_wallet_do_i_need_to/irsr80o/

Sadly gard.money is their legit dApp domain

Commented by /u/d13co in /r/AlgorandOfficial on October 10, 2022 15:25:55
/r/CryptoCurrency/comments/xzirke/if_youre_not_accumulating_what_are_you_thinking/irozun2/

I stopped DCA last month. I need to buy a car and the <waves hands around frantically> indicates subtly that I should have some cash on hand. And beans. And ammo. And water purification tablets.

Commented by /u/d13co in /r/CryptoCurrency on October 9, 2022 18:50:00
/r/AlgorandOfficial/comments/xz4g64/pera_wallet_vs_foundation_website/iroznmp/

Do you have a patreonus I can donate to?

Commented by /u/d13co in /r/AlgorandOfficial on October 9, 2022 18:48:33
/r/CryptoCurrency/comments/xzrkwx/caution_if_you_ever_used_celsius_its_very_likely/iroz9tr/

As mentioned in my top level post, this is the balances doc, not the txns doc

Commented by /u/d13co in /r/CryptoCurrency on October 9, 2022 18:45:35
/r/CryptoCurrency/comments/xzrkwx/caution_if_you_ever_used_celsius_its_very_likely/iroz4ps/

I'll say the same when I hack and leak your nudes

Commented by /u/d13co in /r/CryptoCurrency on October 9, 2022 18:44:30
/r/CryptoCurrency/comments/xzrkwx/caution_if_you_ever_used_celsius_its_very_likely/iroz0fs/

This sends your query to a server. If you just want to check yourself, use our offline lookup tool instead. Https://celsius.d13.co Also their leaderboard is incorrect or edited. #1 is AM VENTURES (which is actually mashinsky) AM VENTURES (and KOALA 1/2/3 LLCs, also mashinsky affiliated) were cleaned out of all BTC and ETH a few weeks before withdrawals were paused. But they still left enough $CEL shitcoin in there that they are #1 in outstanding balances even at today's CEL prices Thank you for attending my Ted talk

Commented by /u/d13co in /r/CryptoCurrency on October 9, 2022 18:43:35
/r/CryptoCurrency/comments/xzrkwx/caution_if_you_ever_used_celsius_its_very_likely/iroydnt/

Also an "IT HAPPENED ONCE SO IT HAPPENS PRETTY OFTEN" guy

Commented by /u/d13co in /r/CryptoCurrency on October 9, 2022 18:38:41
/r/CryptoCurrency/comments/xzrkwx/caution_if_you_ever_used_celsius_its_very_likely/iroxlof/

We did a privacy friendly microsite to look up whether a legal name is in the transactions or balances Celsius docs: [Celsius.d13.co](https://Celsius.d13.co) You can (and should) use in incognito in airplane mode. We wrote up how it works [here](http://d13.co/) **FOR YOUR ADDRESS TO BE DOXXED** you must have made a deposit or withdrawal after April 2022. Your name being in the transactions document doesn't mean an address is doxxed, as your internal interest or loan payments count as transactions.

Commented by /u/d13co in /r/CryptoCurrency on October 9, 2022 18:32:37
/r/fishshell/comments/xzp8t0/what_is_the_ctrl_mode_called/iro7w7o/

quite right - same in bash. Likely a gnome-terminal thing Thanks!

Commented by /u/d13co in /r/fishshell on October 9, 2022 15:32:40
/r/fishshell/comments/xzp8t0/what_is_the_ctrl_mode_called/iro7twr/

gnome-terminal & quite right - same in bash Thanks!

Commented by /u/d13co in /r/fishshell on October 9, 2022 15:32:14
/r/non_US_Celsians/comments/xyv1ur/celsius_filings_dox_lookup_microsite_offline/irjhxhx/

The web must be very boring for you then https://d13.co//ective

Commented by /u/d13co in /r/non_US_Celsians on October 8, 2022 14:29:47
/r/CryptoCurrency/comments/xyvvq7/celsius_filings_dox_lookup_microsite_offline/irix28h/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co (FYI You can't get the data out it) Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/

Commented by /u/d13co in /r/CryptoCurrency on October 8, 2022 11:42:52
/r/celsiusinsolvency/comments/xyv3k0/celsius_filings_dox_lookup_microsite_offline/irit5xy/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/

Commented by /u/d13co in /r/celsiusinsolvency on October 8, 2022 11:09:51
/r/CelsiusNetworkTRUTH/comments/xyv2my/celsius_filings_dox_lookup_microsite_offline/irit5pr/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/

Commented by /u/d13co in /r/CelsiusNetworkTRUTH on October 8, 2022 11:09:48
/r/CelsiusNetworkTRUTH/comments/xyv28n/celsius_filings_dox_lookup_microsite_offline/irit57x/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/

Commented by /u/d13co in /r/CelsiusNetworkTRUTH on October 8, 2022 11:09:41
/r/non_US_Celsians/comments/xyv1ur/celsius_filings_dox_lookup_microsite_offline/irit4qe/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/

Commented by /u/d13co in /r/non_US_Celsians on October 8, 2022 11:09:34
/r/CelsiusNetwork/comments/xyv1e5/celsius_filings_dox_lookup_microsite_offline/irit485/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/

Commented by /u/d13co in /r/CelsiusNetwork on October 8, 2022 11:09:27
/r/D13/comments/xyv04a/celsius_filings_dox_lookup_microsite_offline/irisp9a/

We made a micro-site where you can check if you are #doxxed in the #CelsiusBankruptcy filings. Fully private/offline lookups using bloom filters 🤓 Check your name: https://celsius.d13.co Write-up: https://d13.co/celsius-filing-document-dox-lookup-microsite/ Bonus: We found the Algorand Foundation Celsius deposits 🚨

Commented by /u/d13co in /r/D13 on October 8, 2022 11:05:48
/r/AlgorandOfficial/comments/xw12bs/some_stats_on_governance_lp_commitment_usd_values/ir44c8k/

We ran the numbers on the commitments so far: Total LP commitment value: $1,726,678 (vs ALGO value $77,194,525) Cumulative LP token USD values: $DEFLY LP: $615,106 $USDC LP: $6615,106 $CHIP LP: $131,541 Data here: https://gist.github.com/d13co/237ff90dacbe98819ebb98f1ac42b508 LP token USD values taken from @PeraAlgoWallet API Interesting that $DEFLY is top LP token by USD value so far, beating out $USDC. We'll do it again after enrollment period ends!

Commented by /u/d13co in /r/AlgorandOfficial on October 5, 2022 00:55:26
/r/D13/comments/xw11sj/some_stats_on_governance_lp_commitment_usd_values/ir44alz/

We ran the numbers on the commitments so far: Total LP commitment value: $1,726,678 (vs ALGO value $77,194,525) Cumulative LP token USD values: $DEFLY LP: $615,106 $USDC LP: $6615,106 $CHIP LP: $131,541 Data here: https://gist.github.com/d13co/237ff90dacbe98819ebb98f1ac42b508 LP token USD values taken from @PeraAlgoWallet API Interesting that $DEFLY is top LP token by USD value so far, beating out $USDC. We'll do it again after enrollment period ends!

Commented by /u/d13co in /r/D13 on October 5, 2022 00:54:55
/r/AlgorandOfficial/comments/xvovyc/is_it_possible_to_send_a_malicious_transaction_to/ir2bcm9/

Correct, max txn lifetime is 1000 rounds Almost everyone leaves this default parameter though

Commented by /u/d13co in /r/AlgorandOfficial on October 4, 2022 16:29:37
/r/algorand/comments/xvja8p/governance_rewards_payout_just_started/ir1r4lh/

that's about right - it was 1.93% for this period https://www.algorandstats.com/governance-period-4

Commented by /u/d13co in /r/algorand on October 4, 2022 14:24:52
/r/AlgorandOfficial/comments/xviq8p/governance_rewards_payout_just_started/ir1r08z/

&#x200B; Yes - almost double [P1 paid 3.51% for the period](https://www.algorandstats.com/governance-period-1) [P4 paid 1.93%](https://www.algorandstats.com/governance-period-4)

Commented by /u/d13co in /r/AlgorandOfficial on October 4, 2022 14:24:06
/r/D13/comments/xvj9wh/governance_rewards_for_period_4_went_out/ir16wfa/

We counted 70499999.947744 ALGO in rewards sent in less than 8 minutes (126 rounds: 23893891 - 23894017)The Foundation limited the max number of rewards txns per block to 500, same as before.Our data: https://gist.github.com/d13co/65f62adc5823fb6e742d2405fadfb9b3

Commented by /u/d13co in /r/D13 on October 4, 2022 12:17:23
/r/algorand/comments/xvja8p/governance_rewards_payout_just_started/ir16u5s/

We counted 70499999.947744 ALGO in rewards sent in less than 8 minutes (126 rounds: 23893891 - 23894017) The Foundation limited the max number of rewards txns per block to 500, same as before. Our data: https://gist.github.com/d13co/65f62adc5823fb6e742d2405fadfb9b3

Commented by /u/d13co in /r/algorand on October 4, 2022 12:16:58
/r/AlgorandOfficial/comments/xviq8p/governance_rewards_payout_just_started/ir16h3o/

We counted 70499999.947744 ALGO in rewards sent in less than 8 minutes (126 rounds: 23893891 - 23894017) The @AlgoFoundation limited the max number of rewards txns per block to 500, same as before. Our data: https://gist.github.com/d13co/65f62adc5823fb6e742d2405fadfb9b3

Commented by /u/d13co in /r/AlgorandOfficial on October 4, 2022 12:14:39
/r/D13/comments/xt5nlg/we_made_our_twitter_bot_watch_for_the_first/iqo3gih/

After that it should be less than an hour to get your rewards. Most rewards in the previous period were paid out between rounds 21973838 and 21974296 (2061 rounds ~ 34min at the time) 42 accounts were paid a few hrs later, presumably initial txns failed Out data has been posted here for P3 rewards payouts: https://gist.github.com/d13co/82827cbf36aedf0edc441a575eca38e6

Commented by /u/d13co in /r/D13 on October 1, 2022 16:51:29
/r/AlgorandOfficial/comments/xt5o18/we_made_our_twitter_bot_watch_for_the_first/iqo3gag/

After that it should be less than an hour to get your rewards. Most rewards in the previous period were paid out between rounds 21973838 and 21974296 (2061 rounds ~ 34min at the time) 42 accounts were paid a few hrs later, presumably initial txns failed Out data has been posted here for P3 rewards payouts: https://gist.github.com/d13co/82827cbf36aedf0edc441a575eca38e6

Commented by /u/d13co in /r/AlgorandOfficial on October 1, 2022 16:51:26
/r/algorand/comments/xt5oh5/we_made_our_twitter_bot_watch_for_the_first/iqo3g1c/

After that it should be less than an hour to get your rewards. Most rewards in the previous period were paid out between rounds 21973838 and 21974296 (2061 rounds ~ 34min at the time) 42 accounts were paid a few hrs later, presumably initial txns failed Out data has been posted here for P3 rewards payouts: https://gist.github.com/d13co/82827cbf36aedf0edc441a575eca38e6

Commented by /u/d13co in /r/algorand on October 1, 2022 16:51:23
/r/algofi/comments/xszdzv/are_we_still_too_early_to_move_our_v1_vaults_to_v2/iqnhk3b/

They will go to the vault You can remove the funds and still remain eligible (I did that)

Commented by /u/d13co in /r/algofi on October 1, 2022 14:12:15
/r/algofi/comments/xszdzv/are_we_still_too_early_to_move_our_v1_vaults_to_v2/iqncsdk/

The rewards you claimed was just the Aeneas boost bonus: > Algofi Aeneas Rewards Boost > Bonus rewards for using the Algofi Vault have been sent out. To redeem them into your vault, click the claim button below! And: > Governance Period Has Ended > *Once* your rewards are able to be claimed, select the claim rewards option below.

Commented by /u/d13co in /r/algofi on October 1, 2022 13:39:20
/r/CryptoCurrency/comments/xn9r41/which_blockchain_would_you_still_use_regardless/ipuaz05/

And the 3.7s transaction finality gives you whiplash Not being EVM compatible was a hurdle for development of dApps and bridges but in 2022 MainNet has had an explosion of projects launching, and both traditional (wormhole) and DeFi (state proof driven, eg London bridge) bridges are coming before EOY Bullish on the chain that made me leave the luser sidelines and develop after 10 years an observer

Commented by /u/d13co in /r/CryptoCurrency on September 25, 2022 10:12:06
/r/algorand/comments/xmzl7s/how_vendible_uses_unique_identity_to_create_a_new/iprv5q8/

Doug's interview on crypto with coop was great: https://youtu.be/Bd0_txHlXnM

Commented by /u/d13co in /r/algorand on September 24, 2022 18:56:40
/r/AlgorandOfficial/comments/xmzjs3/how_vendible_uses_unique_identity_to_create_a_new/iprv2ad/

Doug (CEO) was on crypto with coop recently and it is a really good interview: https://youtu.be/Bd0_txHlXnM

Commented by /u/d13co in /r/AlgorandOfficial on September 24, 2022 18:55:54
/r/FolksFinance/comments/xkwq7q/usdt_form_algorand_to_binance_polygon_or_solana/iphonnc/

I use Bitfinex as a zero cost bridge for usdt

Commented by /u/d13co in /r/FolksFinance on September 22, 2022 13:00:49
/r/D13/comments/xk5yv0/mainnet_upgrade_live_384s_round_times_in_first/ipd2awr/

1H average: 3.7s between rounds 💯 https://twitter.com/d13_co/status/1572601758744215552

Commented by /u/d13co in /r/D13 on September 21, 2022 14:12:22
/r/AlgorandOfficial/comments/xk5zc6/mainnet_upgrade_live_384s_round_times_in_first/ipd29v5/

1H average: 3.7s between rounds 💯 https://twitter.com/d13_co/status/1572601758744215552

Commented by /u/d13co in /r/AlgorandOfficial on September 21, 2022 14:12:11
/r/algorand/comments/xk5zlp/mainnet_upgrade_live_384s_round_times_in_first/ipd297f/

1H average: 3.7s between rounds 💯 https://twitter.com/d13_co/status/1572601758744215552

Commented by /u/d13co in /r/algorand on September 21, 2022 14:12:04
/r/AlgorandOfficial/comments/xjmq3q/hugley_exciting_algorand_update_coming_soon_as/ip9kjy7/

Sure: cosmos is one of the better L1s, as is Algorand Algorand can and will scale to higher throughput but at the moment it is entirely unnecessary, as the avg TPS is low double digits. Ultimately 6K TPS vs 10K TPS likely won't matter as much as adoption, which is a tricky bastard If you're personally sold on cosmos, go forth and cosmos, my good dude. I do respect the chain and have a small bag but I'd still choose Algorand to develop if I had to all over again.

Commented by /u/d13co in /r/AlgorandOfficial on September 20, 2022 20:07:21
/r/AlgorandOfficial/comments/xjmq3q/hugley_exciting_algorand_update_coming_soon_as/ip9jz7h/

We hooked up a Twitter bot to tweet as soon as the upgrade happens: [@d13_co](https://twitter.com/d13_co)

Commented by /u/d13co in /r/AlgorandOfficial on September 20, 2022 20:02:57
/r/D13/comments/xj9qne/mainnet_upgrade_12_went_live_larger_blocks_state/ip7vek4/

♥️ Thank you

Commented by /u/d13co in /r/D13 on September 20, 2022 13:16:13
/r/D13/comments/xj9qne/mainnet_upgrade_12_went_live_larger_blocks_state/ip7cceh/

We have hooked up our twitter bot to algod to annouce the next protocol round, you'll see it on [our Twitter](https://twitter.com/d13_co)

Commented by /u/d13co in /r/D13 on September 20, 2022 11:15:57
/r/algorand/comments/xj9rrm/mainnet_upgrade_12_went_live_larger_blocks_state/ip7cc32/

We have hooked up our twitter bot to algod to annouce the next protocol round, you'll see it on [our Twitter](https://twitter.com/d13_co)

Commented by /u/d13co in /r/algorand on September 20, 2022 11:15:54
/r/AlgorandOfficial/comments/xj9s72/mainnet_upgrade_12_went_live_larger_blocks_state/ip7cbt8/

We have hooked up our twitter bot to algod to annouce the next protocol round, you'll see it on [our Twitter](https://twitter.com/d13_co)

Commented by /u/d13co in /r/AlgorandOfficial on September 20, 2022 11:15:51
/r/AlgorandOfficial/comments/xiebfr/by_this_time_tomorrow_the_upgrade_to_6000tps/ip7c2d6/

Same... the next-version hashes should have been the same. I did notice them but didn't dig into it in my rush to complete the twitter bot :| Just glad nullun reached out and the bot didn't follow the initial script which would have benchmarked 4.3s between rounds and spread confusion

Commented by /u/d13co in /r/AlgorandOfficial on September 20, 2022 11:14:08
/r/AlgorandOfficial/comments/xiebfr/by_this_time_tomorrow_the_upgrade_to_6000tps/ip79sl3/

Turns out this upgrade was split into two parts, we just got the [first part which introduces larger blocks](https://www.reddit.com/r/D13/comments/xj9qne/mainnet_upgrade_12_went_live_larger_blocks_state/) Second part with AVM v7, 3.9s finality and State Proofs will happen tomorrow(?) We have hooked up our twitter bot to algod to annouce the next protocol round, you'll see it on [our Twitter](https://twitter.com/d13_co)

Commented by /u/d13co in /r/AlgorandOfficial on September 20, 2022 10:59:08
/r/algorand/comments/xicxm9/algorand_mainnet_protocol_upgrade_in_24h_from_now/ip2g99x/

That tweet thread was posted by the same "wait for round X" twitter bot that we'll use to tweet at upgrade time. It passed its first production test! Good bot.

Commented by /u/d13co in /r/algorand on September 19, 2022 10:26:21
/r/AlgorandOfficial/comments/xi8vzt/folks_finance_voted_in_governance/ip2dv4x/

Tangential but Coinbase, Kraken and Algorand inc all voted A/A We track known entities and liquid governance votes in our [voting observer](https://voting.algorand.observer/?p4#known)

Commented by /u/d13co in /r/AlgorandOfficial on September 19, 2022 10:09:26
/r/AlgorandOfficial/comments/xhref6/charles_hoskinson_on_algorand_foundation/ip13g5p/

>they’d join forces Imagine the combined TPS

Commented by /u/d13co in /r/AlgorandOfficial on September 19, 2022 01:33:51
/r/algorand/comments/xhkrbg/most_top_50_whale_wallets_have_voted/ioyjtxl/

Likewise. If we put our bags together we'd maybe make a carp?

Commented by /u/d13co in /r/algorand on September 18, 2022 14:29:47
/r/algorand/comments/xhkrbg/most_top_50_whale_wallets_have_voted/ioyjdm8/

1M Algo would be around $300K which is already whale-ish territory Enough have 10M+ ($3m) to consider _that_ the "whale" club You can see how different wallet sizes vote on our [voting observer site](https://voting.algorand.observer/) in near real time

Commented by /u/d13co in /r/algorand on September 18, 2022 14:27:03
/r/algorand/comments/xhkrbg/most_top_50_whale_wallets_have_voted/ioyiigj/

We built a voting observer thing [here](https://voting.algorand.observer) and reported that 1A has enough votes [here](https://twitter.com/Algo_Observer/status/1570949751314714626) - even without considering that folks has yet to redistribute their initial 50/50 vote The observer website has known wallet votes as well at the bottom

Commented by /u/d13co in /r/algorand on September 18, 2022 14:21:47
/r/AlgorandOfficial/comments/xfrk2j/governance_update_looks_like_aa_is_locked_to_pass/iosv066/

96% voted & 1A is secure https://twitter.com/Algo_Observer/status/1570949751314714626 https://voting.algorand.observer

Commented by /u/d13co in /r/AlgorandOfficial on September 17, 2022 10:39:11
/r/AlgorandOfficial/comments/xfrk2j/governance_update_looks_like_aa_is_locked_to_pass/ioqrhk1/

At the time the 10M+ group was behind a bit. We're now at 96% vote progress by stake and A has 60% of *committed* stake, where B has 35% We can officially call it

Commented by /u/d13co in /r/AlgorandOfficial on September 16, 2022 21:30:51
/r/AlgorandOfficial/comments/xfrk2j/governance_update_looks_like_aa_is_locked_to_pass/ioq8fak/

It's a fucking [radial bar from apex chart](https://apexcharts.com/javascript-chart-demos/radialbar-charts/) showing how each wallet size group has voted by stake progress. It lives here: https://voting.algorand.observer

Commented by /u/d13co in /r/AlgorandOfficial on September 16, 2022 18:58:25
/r/algorand/comments/xe80m4/success_with_vanity_address/ioh5kcb/

What are you looking for? I have a few, I could rekey to you of there's a match (though unlikely) Some of my favs: ZOMBILANDSIUYQWIUYNKUYZVMCYY6IIT5IBAVNJYYWTVMQVZRBORLOP37E EMPOWERONOUKP3JVLDEVQIKQ7EJWMC42BSWDOCW7ZEGSKQGKQRO4RNFIFA

Commented by /u/d13co in /r/algorand on September 14, 2022 21:46:11
/r/algorand/comments/xd977l/algorand_protocol_upgrade_will_happen_in_1_week/iob8vv5/

I scripted one of our MainNet nodes to notify me when "goal node status" changed the "Next Protocol Version* field. So the source of "round for next consensus protocol" was MainNet itself. I screenshotted it but forgot to attach to main tweet, it is there [as reply](https://twitter.com/d13_co/status/1569696391760412672?t=i3Ia3un8ZSn-0hPkgV6qnA&s=19). The round difference at the time was ~140K blocks, which works out to a week (roughly around that timestamp) if you assume avg 4.4s rounds Here is Algorand inc [head of engineering tweeting about it](https://twitter.com/GaryMalouf/status/1569724041140772864?t=wlRPSi6PsWK7MifFjh6BYA&s=19)

Commented by /u/d13co in /r/algorand on September 13, 2022 17:30:14
/r/algorand/comments/xd977l/algorand_protocol_upgrade_will_happen_in_1_week/ioacfgl/

The precise round number is in the tweet, ETA is in 7 days

Commented by /u/d13co in /r/algorand on September 13, 2022 14:04:39
/r/algorand/comments/xcc6g3/algo_fam_i_got_a_big_enough_bag_to_want_to/ioacbql/

>heard McAfee isn't really dead Then how is his ghost blessing all of us? Absurd!

Commented by /u/d13co in /r/algorand on September 13, 2022 14:03:55
/r/algorand/comments/xdaxbn/governance_period_4_pros_and_cons_list/ioaa3g4/

https://twitter.com/d13_co/status/1569710128227573760

Commented by /u/d13co in /r/algorand on September 13, 2022 13:39:05
/r/algorand/comments/xd922f/reminder_galgo_is_almost_always_hair_cheaper_than/ioa9zks/

fAlgo isn't related to governance gALGO is the ff gov rewards token

Commented by /u/d13co in /r/algorand on September 13, 2022 13:38:13
/r/AlgorandOfficial/comments/xcpog5/voting_and_withdrawing_is_both_stuck_on_sending/ioa9ok6/

Try these steps: https://www.reddit.com/r/algofi/comments/xcgb9u/z/io5gwie

Commented by /u/d13co in /r/AlgorandOfficial on September 13, 2022 13:35:46
/r/AlgorandOfficial/comments/xcroqd/we_think_we_found_the_coinbase_governance_wallets/io9sgcv/

Can you send us 100K ALGO as proof?

Commented by /u/d13co in /r/AlgorandOfficial on September 13, 2022 11:48:10
/r/AlgorandOfficial/comments/xcroqd/we_think_we_found_the_coinbase_governance_wallets/io8qdxu/

This does go against their bottom line. Diluting passive gov rewards towards DeFi means Coinbase will have fewer rewards to give out to its customers, but it is better for the ecosystem and $ALGO, as having deep DeFi liquidity is a pillar for L1s with top 10 ambitions. Kraken voted 1B in the p3 DeFi measure, which is what you would expect: https://voting.algorand.observer/?p3#known

Commented by /u/d13co in /r/AlgorandOfficial on September 13, 2022 07:07:00
/r/AlgorandOfficial/comments/xcroqd/we_think_we_found_the_coinbase_governance_wallets/io7291x/

Not sure what you are referring to. Were they "gifted" Algo?

Commented by /u/d13co in /r/AlgorandOfficial on September 12, 2022 20:45:50
/r/AlgorandOfficial/comments/xcroqd/we_think_we_found_the_coinbase_governance_wallets/io726qh/

>Do you think this is good or bad? I think it is good, as it shows impartiality. Kraken votes whatever they want. "best" of course would have been to poll Algo holders and split their vote like folks finance, but they can't even be arsed to integrate USDCa so /shrug Re: DeFi: almost certainly not

Commented by /u/d13co in /r/AlgorandOfficial on September 12, 2022 20:45:23
/r/D13/comments/xcrngv/we_think_we_found_the_coinbase_governance_wallets/io71rbz/

Someone mentioned a blog post of theirs saying the same thing but I couldn't find it. Do you have a source? Oh and, Kraken does vote however they want

Commented by /u/d13co in /r/D13 on September 12, 2022 20:42:18
/r/algofi/comments/xcgb9u/see_how_algofi_vault_users_are_voting_in/io5kzop/

Glag to hear it. You're welcome

Commented by /u/d13co in /r/algofi on September 12, 2022 14:31:21
/r/algofi/comments/xcgb9u/see_how_algofi_vault_users_are_voting_in/io5gwie/

Try a small AlgoFi swap to rule out Pera/WalletConnect issues. If you don't get AlgoFi transactions in Pera in general, try clearing all your wallet connect sessions on Pera side (Settings -> WalletConnect Sessions -> (...) -> Disconnect) and reconnect Or try restoring your seed phrase on the myAlgo wallet instead and trying from there

Commented by /u/d13co in /r/algofi on September 12, 2022 14:04:23
/r/algofi/comments/xcgb9u/see_how_algofi_vault_users_are_voting_in/io56i9a/

Didn't spend much time on the page styling, instead focused on data+charts. will get around to it

Commented by /u/d13co in /r/algofi on September 12, 2022 12:56:24
/r/AlgorandOfficial/comments/xbs504/using_rekeyed_addresses_with_myalgo/io2cb8s/

They don't support it, I asked their support email a while back. It's in the backlog but not a priority. If you emailed them about it, it may help. It is puzzling, given their stellar support for multisigs, ledgers, etc.

Commented by /u/d13co in /r/AlgorandOfficial on September 11, 2022 20:46:57
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/inpk3r4/

Made this, heavily inspired by algorandstats.com ♥️ https://voting.algorand.observer/

Commented by /u/d13co in /r/algorand on September 9, 2022 06:35:34
/r/algorand/comments/x8y042/votingalgorandobserver_governance_period_4_voting/inmlns4/

On what? This site doesn't have wallet connect. If you mean governance, try updating your app

Commented by /u/d13co in /r/algorand on September 8, 2022 15:17:11
/r/D13/comments/x8xzhf/votingalgorandobserver_governance_period_4_voting/inlvnrw/

Thanks! Just updated the site with a small section at the end showing the vote record of known entities. We only know Kraken, Algorand inc, NF Domains Treasury and Folks Finance for the time being. We did [some digging](https://d13.co/algorand-governance-whales-known-wallets-consensus-participation-stats/) and it seems most CEX participation isn't easily linked to their main/labelled wallets. We found Kraken after I wrote that article by looking at the beneficiary address (you can delegate your gov rewards to another "beneficiary" address, and Kraken is doing this with their Main address).

Commented by /u/d13co in /r/D13 on September 8, 2022 12:30:47
/r/D13/comments/x8xzhf/votingalgorandobserver_governance_period_4_voting/inl39xi/

Which one? The 10M+ group represents multiple wallets having a commitment of more than 10M Algo We found Kraken across a few wallets (85M): https://twitter.com/Algo_Observer/status/1567538948582301696 The only other easily identifiable wallets were NFTreasury and Algorand Inc: https://d13.co/algorand-governance-whales-known-wallets-consensus-participation-stats/

Commented by /u/d13co in /r/D13 on September 8, 2022 09:22:03
/r/algorand/comments/x8y042/votingalgorandobserver_governance_period_4_voting/inl34p2/

If this fails the only two outcomes I see to save on-chain ecosystem and consequentially $ALGO price: - remove governance altogether - increase timeframe of governance by 2x in order to halve the rewards

Commented by /u/d13co in /r/algorand on September 8, 2022 09:20:58
/r/algorand/comments/x85eqa/algorand_protocol_upgrade_introduces_state_proofs/inihszz/

Yes and it supports the new protocol version, but it hasn't rolled out through the network yet

Commented by /u/d13co in /r/algorand on September 7, 2022 18:31:58
/r/algorand/comments/x85eqa/algorand_protocol_upgrade_introduces_state_proofs/inh7twy/

Hasn't happened yet, the new protocol will take effect in the future. Round time is still around 4.3s https://metrics.algorand.org/#/protocol/

Commented by /u/d13co in /r/algorand on September 7, 2022 13:42:43
/r/algorand/comments/x85eqa/algorand_protocol_upgrade_introduces_state_proofs/inh7huz/

⚠️ Node operators: Heads up when you're upgrading: this includes a DB migration that can take a while. Make sure you don't upgrade nodes used in production or you may have some downtime. Our "fast" archival: 17min Gramophone-backed archival: 1hr+ (still going) Non-archival "fast" node: 3min

Commented by /u/d13co in /r/algorand on September 7, 2022 13:40:38
/r/AlgorandOfficial/comments/x85dsy/algorand_protocol_upgrade_introduces_state_proofs/inh7bvg/

⚠️ Node operators: Heads up when you're upgrading: this includes a DB migration that can take a while. Make sure you don't upgrade nodes used in production or you may have some downtime. Our "fast" archival: 17min Gramophone-backed archival: 1hr+ (still going) Non-archival "fast" node: 3min

Commented by /u/d13co in /r/AlgorandOfficial on September 7, 2022 13:39:37
/r/Tinyman/comments/wywmo5/tinygotchi/im1zlwq/

They've expired.

Commented by /u/d13co in /r/Tinyman on August 27, 2022 17:55:57
/r/AlgorandOfficial/comments/wvuwnx/measures_are_online_what_to_vote/ilk3642/

I see this as a twofold win: - reduce gov rewards - increase DeFi rewards \#1 needs to happen because while rewards are so high for zero risk, the sane thing for a whale to do is _not_ participate in any on chain stuff that comes with smart contract risks, etc \#2 will increase incentives to move some of the passive gov commitments to DeFi, which will deepen the liquidity available and attract more liquidity Even if you dgaf about DeFi yourself for whatever reason, it is a huge part of Blockchain ecosystem success

Commented by /u/d13co in /r/AlgorandOfficial on August 24, 2022 01:16:52
/r/AlgorandOfficial/comments/wvuwnx/measures_are_online_what_to_vote/ilk2g4d/

If you stay away from shitcoins there are still decent ASAs. gALGO USDC/T STBL goBTC goETH pBTC, and a bit riskier: opul defly etc

Commented by /u/d13co in /r/AlgorandOfficial on August 24, 2022 01:08:50
/r/AlgorandOfficial/comments/wvuwnx/measures_are_online_what_to_vote/ilk18t1/

This comment section renews my faith and hope in you all. ♥️ Gov rewards need to go down a lot for the on-chain economy to breathe & work DeFi is a good first candidate to get some of those rewards instead I was concerned that "GETCHOR HANDS OFF MER FREE ALGO" would be a popular knee jerk reaction.

Commented by /u/d13co in /r/AlgorandOfficial on August 24, 2022 00:56:00
/r/algorand/comments/wvvuxz/goeth_staking_an_opportunity_for_utility_of_state/ilk0yjo/

That's not how state proofs work. You still need some kind of wrapped ETH on Algo and wrapped Algo on Ethereum Did a tweet rant recently ish about this: https://twitter.com/d13_co/status/1554565195699306501?t=EHDXH2Dz2h_DGdr6QjC49g&s=19

Commented by /u/d13co in /r/algorand on August 24, 2022 00:52:58
/r/algorand/comments/wvvuxz/goeth_staking_an_opportunity_for_utility_of_state/ilk0ugs/

This is correct. Allows smart-contract based bridging and solves some issues but: - no state proofs for ETH -> ALGO communication, so releasing on Algo side needs to be sorted - double spend not inherently prevented, the releasing smart contract needs to be 100% bulletproof that it won't release funds for a smart contract twice - some form of wrapped ETH needed on Algo and wrapped Algo on ETH... obviously - deep liquidity required on both sides, again obviously Did a tweet rant about Algo influencers commenting "STATE PROOFS FIXES THIS" on bridge hacks: https://twitter.com/d13_co/status/1554565195699306501?t=EHDXH2Dz2h_DGdr6QjC49g&s=19

Commented by /u/d13co in /r/algorand on August 24, 2022 00:51:45
/r/yieldly/comments/ww34t0/didnt_really_check_crypto_prices_for_months_what/iljzl37/

Check yldy/algo too after that

Commented by /u/d13co in /r/yieldly on August 24, 2022 00:38:55
/r/AlgorandOfficial/comments/wvuwnx/measures_are_online_what_to_vote/iljz8m1/

I'm not so sure about that. This move will likely lead to ecosystem growth and ultimately higher Algo prices I doubt many whales that hold millions of Algo would fail to understand this "Yeah I'll take 3% Apr on a top 10 coin than 8% on a top 30, thanks"

Commented by /u/d13co in /r/AlgorandOfficial on August 24, 2022 00:35:27
/r/AlgorandOfficial/comments/wvaen6/we_should_have_subreddit_ama_with_the_algorand/ilhs2tb/

Was very interested in the latest AlgoFam space featuring Massimo Morini, but the audio kept cutting every few seconds to the point that it was useless.

Commented by /u/d13co in /r/AlgorandOfficial on August 23, 2022 15:07:06
/r/AlgorandOfficial/comments/wvhqaz/algomint_we_will_pass_any_meaningful_value_from/ilgsood/

Good for them. They could just as well not have done this

Commented by /u/d13co in /r/AlgorandOfficial on August 23, 2022 11:21:46
/r/AlgorandOfficial/comments/wvbe4c/algorand_mainnet_23m_blocks_0_downtime/ilgb6z5/

I wouldn't put it quite so gleefully but I agree with the overall sentiment that the Foundation communicates like a dog chain at times. Made a post about how it is unbecoming, which interestingly tanked in one sub and went top in another. Many upvotes but also many comments to the effect "chill grandpa go back to Fintech kek" https://www.reddit.com/r/AlgorandOfficial/comments/vo064p/the_algorand_foundation_throwing_shade_at_others Aside from that, downtime is inevitable, so putting so much emphasis on that is bound to backfire eventually Also after the testnet Incident they've chilled out a lot, so maybe someone who has seen a computer in their lives explained what happened.

Commented by /u/d13co in /r/AlgorandOfficial on August 23, 2022 09:22:48
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/ildp9n7/

https://www.reddit.com/r/algorand/comments/wv6ku3/algorand_governance_period_4_whales_known_wallets/

Commented by /u/d13co in /r/algorand on August 22, 2022 18:19:15
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/ildp6o4/

We just published a Part 2, where we looked up the labels of some known addresses and pulled each address' consensus participating status: https://www.reddit.com/r/algorand/comments/wv6ku3/algorand_governance_period_4_whales_known_wallets/

Commented by /u/d13co in /r/algorand on August 22, 2022 18:18:40
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/ildnf5u/

We matched each address to its AlgoExplorer label and there wasn't any known CEX among them, but they must surely be there with unknown (cold?) wallets https://www.reddit.com/r/algorand/comments/wv6ku3/algorand_governance_period_4_whales_known_wallets/? Also a shocking percentage of that whale stake is participating in consensus

Commented by /u/d13co in /r/algorand on August 22, 2022 18:05:32
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/ildna8p/

We looked into known wallets (surprise: no (known) CEX) and how much whale stake is participating in consensus: https://www.reddit.com/r/algorand/comments/wv6ku3/algorand_governance_period_4_whales_known_wallets/?

Commented by /u/d13co in /r/algorand on August 22, 2022 18:04:31
/r/algorand/comments/wv6ku3/algorand_governance_period_4_whales_known_wallets/ildn4bx/

We looked into #Governance whales a bit more: - 2 identifiable orgs: Algorand inc & NF domains treasury. No CEX! - Consensus participation: 42% of whale stake is online ♥️. Of which, inc is 13% and the rest unknown. - inc has 225m, 5.9% of total commitment [Also on Twitter](https://twitter.com/d13_co/status/1561835514457718791) Identifying wallets is tricky and we only know 1 source: @algo_explorer . We (ab)used their API to get their labels for each address. It is almost certain that CEX are participating, just not via their identified hot wallets. Previous gov report: https://www.reddit.com/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/

Commented by /u/d13co in /r/algorand on August 22, 2022 18:03:20
/r/algorand/comments/wu6es0/i_am_coming_back_to_algo/il8wx4w/

- lend Algo at AlgoFi - lend Algo at Folks (better rate, haven't tried it personally) - wait for gALGO to drop a bit (0.97?), convert half your bag. Deposit into ALGO/gALGO LP in pact.fi for 6% APR. When gov ends, withdraw from LP and convert gALGO to ALGO at 1:1 from folks finance directly

Commented by /u/d13co in /r/algorand on August 21, 2022 18:11:31
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/il87zj3/

Oh and your data was 100% in sync w/ Algo foundation data, so kudos for that. Do you process from chain directly?

Commented by /u/d13co in /r/algorand on August 21, 2022 15:17:18
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/il87rwy/

Hey :) thank you very much & your site is a great resource!

Commented by /u/d13co in /r/algorand on August 21, 2022 15:15:49
/r/AlgorandOfficial/comments/wtc8db/my_take_on_proposed_q3_2022_governance_measures/il7f515/

>That's like asking congress to give themselves a pay cut. Never going to happen, despite it being better for the ecosystem The short sighted response is "moar APR for me" and the wise response is "less APR for a more valuable token". The people who are holding and voting should think about what they want over the next 5 years.

Commented by /u/d13co in /r/AlgorandOfficial on August 21, 2022 11:59:26
/r/algorand/comments/wu07md/algorand_governance_voting_power_centralization/il6ycrx/

We wrote up a detailed analysis of whale wallets in Period 4 #Algorand #Governance: - the top 37 individual "whale" wallets*: control vote/50% of rewards - wallets* with over 1 million ALGO commitment: 86% of vote/rewards * these exclude Folks Finance On Twitter: https://twitter.com/d13_co/status/1561349224578547713

Commented by /u/d13co in /r/algorand on August 21, 2022 09:58:06
/r/algorand/comments/ws0rki/myalgo_wont_connect_to_any_site/ikwjb4q/

What is your error message?

Commented by /u/d13co in /r/algorand on August 19, 2022 02:55:31
/r/AlgorandOfficial/comments/wrj2yl/fyi_what_sean_lee_is_doing_now_he_is_cofounder_of/ikum4ch/

Wallet ownership transfer is already possible on Algorand with Rekeying

Commented by /u/d13co in /r/AlgorandOfficial on August 18, 2022 17:29:05
/r/yieldly/comments/wpwgmo/opting_in_to_contracts_broken/ikmn93o/

If you go to your account modal (menu -> click wallet button) -> opt in -> scroll down to make the hidden button show -> tap it to send tx -> never get the tx on Pera -> profit

Commented by /u/d13co in /r/yieldly on August 17, 2022 03:32:52
/r/yieldly/comments/wpwgmo/opting_in_to_contracts_broken/ikk4w80/

I do. The tx never makes it to the wallet

Commented by /u/d13co in /r/yieldly on August 16, 2022 15:19:35
/r/AlgorandOfficial/comments/wpf28q/suspicious_reward_activity_by_folks_finance/ikifrnm/

Just noticed your username Hey slash : ) And I haven't dabbled in fAlgo either

Commented by /u/d13co in /r/AlgorandOfficial on August 16, 2022 08:39:23
/r/AlgorandOfficial/comments/wpf28q/suspicious_reward_activity_by_folks_finance/ikieg5a/

Counterpoint: if you can buy gALGO at a good price (0.97?) you are exposed to gov rewards even if you missed enrollment. You could add to ALGO/gALGO LP on pact and collect 6% APR until gov ends, at which point you can redeem gALGO for 1:1

Commented by /u/d13co in /r/AlgorandOfficial on August 16, 2022 08:28:04
/r/AlgorandOfficial/comments/wobeoz/algorands_nakamoto_coefficient/ikhkrby/

I thought it was a percentage of stake (or hash power for PoW)

Commented by /u/d13co in /r/AlgorandOfficial on August 16, 2022 02:25:46
/r/algorand/comments/wp647i/simple_math/ikgc8pw/

Is this tx fees? If so, $ ≠ Ⱥ, so you have to multiply by 0.35

Commented by /u/d13co in /r/algorand on August 15, 2022 20:05:05
/r/algofi/comments/wnmi5e/will_stblv2_have_no_freezeno_clawback_like_v1/ikc0eom/

*Correction: USDC only has freeze, no clawback.

Commented by /u/d13co in /r/algofi on August 14, 2022 22:26:59
/r/algofi/comments/wnmi5e/will_stblv2_have_no_freezeno_clawback_like_v1/ik9xpp0/

Context is tornado cash & gov sanctions It would indeed be a hamper for STBL adoption if it had freeze/clawback but then again both USDC and USDT have it

Commented by /u/d13co in /r/algofi on August 14, 2022 13:21:31
/r/CryptoCurrency/comments/wlsbqn/algorand_will_upgrade_in_a_month_6x_tps_state/ik10fxv/

Very much diminishing returns here conversation wise but I'll bite one last time >So you plan for the chain to work until it gets usage, and then have it break? My plan? Lol. Anw, between 12 TPS and 6K TPS is a vast chasm. Getting even 1k TPS is 10,000% > If the current level of usage is so relevant, why even increase the blocksize even more? Absolutely needless at the moment but doesn't hurt (much) either. A bit of overhead in blocks produced/stored/indexed by the round time decrease (0.6s) but it's ok. > You can't "just" compress the chain. "Starting with round 45M we will have 2 types of archival nodes: deep archival nodes keep the entire state (5 Exabytes). Shallow archival & relay nodes keep the last 10M blocks, validating their start with a check point/state proof". I just did. Keep the last year readily available and the rest of history in AWS-glacier storage. Validate "shallow archival" start of chain the same way non-archival Algod syncs, with fast catch-up checkpoints. Now explain how fast catch-ups break decentralization. Not bothering to respond to you calling me a cultist.

Commented by /u/d13co in /r/CryptoCurrency on August 12, 2022 14:26:16
/r/CryptoCurrency/comments/wlsbqn/algorand_will_upgrade_in_a_month_6x_tps_state/ik0tc5g/

Ah ok then. Run the math again for current usage - 12tps - and get back to me And in any case, when the time comes, the relays can compress the chain with state proofs/snarks/whatever. This is very much a "we'll cross that bridge when we get to it" problem. If anyone can figure it out, Micali & team can.

Commented by /u/d13co in /r/CryptoCurrency on August 12, 2022 13:41:13
/r/CryptoCurrency/comments/wlsbqn/algorand_will_upgrade_in_a_month_6x_tps_state/ijzubjz/

Relays don't participate in consensus. At most they could slow down the chain or censor transactions at broadcast-time. Client nodes connect to 4 relays by default, configurable to as many as you want and with a system to disconnect from relays that do not respond or send data fast enough, and try another one. They are permissioned but ran by 100+ orgs and companies (MIT, ...). A conspiracy between all of them to censor your tx is extremely unlikely. Aside from the difficulty of coordinating such a clandestine move between 100+ orgs ("hey pls run this dodgy Algod instead, thanks") then Certainly for the risk/benefit ratio. Something like this would be discovered sooner than later and the rep of the chain, in which billions have been invested, is down in flames. Finally John woods, new Foundation CTO, has mentioned he wants to pave the way for permissionless relays, but the problem isn't insignificant. I'm fine with this compromise for now.

Commented by /u/d13co in /r/CryptoCurrency on August 12, 2022 09:56:55
/r/CryptoCurrency/comments/wlsbqn/algorand_will_upgrade_in_a_month_6x_tps_state/ijzrolj/

Tyvm. I'll search myself when I get to a PC

Commented by /u/d13co in /r/CryptoCurrency on August 12, 2022 09:37:56
/r/CryptoCurrency/comments/wlsbqn/algorand_will_upgrade_in_a_month_6x_tps_state/ijzr16u/

Nice! Do you have a rough time for that? Would love to inspect the chain state & timestamps at that time. We're doing a project around low- and high-level chain data/analytics - https algorand dot observer

Commented by /u/d13co in /r/CryptoCurrency on August 12, 2022 09:33:11
/r/CryptoCurrency/comments/wlsbqn/algorand_will_upgrade_in_a_month_6x_tps_state/ijxnxb6/

>Algorand has had instances of maximum load on network and it didn't even break a sweat. Source? When did we sustain 1K+ TPS over a significant number of rounds?

Commented by /u/d13co in /r/CryptoCurrency on August 11, 2022 21:00:10
/r/CryptoCurrency/comments/wlsg1q/some_of_the_historical_transactions_on_my/ijxjk5x/

Coming soon to a Sanctions List near you

Commented by /u/d13co in /r/CryptoCurrency on August 11, 2022 20:27:00
/r/algorand/comments/wjd228/usdcusdc_via_pnetwork_worked_well/ijvcvuz/

SOL as in Shit Out of Luck I am talking about pNetworks - they are not decentralized

Commented by /u/d13co in /r/algorand on August 11, 2022 11:50:48
/r/algorand/comments/wjd228/usdcusdc_via_pnetwork_worked_well/ijknjs7/

FYI It is a centralized bridge - not trustless If it gets hacked while your funds are in transit then your SOL but that's a fairly narrow window Larger risk would be for pBTC holders on Algorand. If pNetwork's piggie bank gets broken, you're left with some noBTC on the Algorand side without a way to use it or transfer it out - unless of course they eat the loss and provide liquidity again

Commented by /u/d13co in /r/algorand on August 9, 2022 08:50:20
/r/algorand/comments/wiudpa/any_algorand_faucets/ije1hgi/

What's your address? DM me

Commented by /u/d13co in /r/algorand on August 7, 2022 22:05:27
/r/CryptoCurrency/comments/wicxqe/the_fake_team_that_made_solana_defi_look_huge/ijdn4o5/

89.7% of voting power and rewards will go to wallets with more than 1M ALGO balance: https://twitter.com/d13_co/status/1555186570080157702 The proposal would go some ways towards fixing that _or_ force some of them to put it via DeFi, doing some kind of "good" compared to sitting in a cold wallet. It is a shame it didn't pass. Generally the Governance rewards being so high at zero risk is a massive footgun to the on-chain ecosystem. The Twitter thread linked above outlines our view.

Commented by /u/d13co in /r/CryptoCurrency on August 7, 2022 20:11:49
/r/AlgorandOfficial/comments/wgb3hp/myalgo_wallet_wont_let_me_sign_transactionserror/iiz8r24/

Then disconnect from tinyman's end and connect again

Commented by /u/d13co in /r/AlgorandOfficial on August 4, 2022 18:36:34
/r/algorand/comments/wfta78/does_algo_have_a_reputation_problem/iiz7gc0/

What do you like about Algo? What do you like about crypto in general?

Commented by /u/d13co in /r/algorand on August 4, 2022 18:27:25
/r/AlgorandOfficial/comments/wfm9gf/should_we_do_a_novelty_twitter_account_wen_usdca/iixllws/

How is CBDC in AF hands to execute? Which initiatives haven't been executed? State proofs are rolling out, advancing the state of the art in cryptographical applications in Blockchain takes time. If you doubt this then you don't understand the significance and difficulty of getting the computational equivalent of a potato - a smart contract - to validate a state claim from a different chain. Also state proofs are one way for now, an actual state proof bridge must solve foreign_chain->Algorand communication TPS was promised in December and hasn't been rolled out indeed, but thats a) Algorand inc and not foundation (do you know the distinction?) And b) not actually needed as much as bridging initiatives and state proofs. Algorand is utilized to less than 1% of its TPS average. The TPS upgrade will have real negative implications in overhead in running nodes and indexers, so personally I think pausing those until we get to _close_ to 50% of the current capacity is absolutely the right call, as long as they are working on the right thing. State proofs seems right enough for inc to focus on. It sounds like you are complaining for the sake of it

Commented by /u/d13co in /r/AlgorandOfficial on August 4, 2022 12:17:52
/r/algorand/comments/wfm65v/should_we_do_a_novelty_twitter_account_wen_usdca/iivqqcw/

Certain things can indeed be considered suboptimal

Commented by /u/d13co in /r/algorand on August 4, 2022 01:40:30
/r/algorand/comments/wfm65v/should_we_do_a_novelty_twitter_account_wen_usdca/iivqnbn/

Chapter 11 /u/CHRIST_isthe_God-man commits to buying 100 copies of the finished novel

Commented by /u/d13co in /r/algorand on August 4, 2022 01:39:37
/r/AlgorandOfficial/comments/wfm9gf/should_we_do_a_novelty_twitter_account_wen_usdca/iiupecj/

Also: - # CEX w/ ETH USDC - # CEX w/ multi chain USDC - # CEX w/ USDCa Could even work out a USDCa CEX adoption index based on the latter two

Commented by /u/d13co in /r/AlgorandOfficial on August 3, 2022 20:21:41
/r/PeraWallet/comments/wejwby/pera_rekeying_transaction_warnings_are_too_subtle/iitaqy8/

I missed the notification for this. Thank you!

Commented by /u/d13co in /r/PeraWallet on August 3, 2022 14:20:04
/r/PeraWallet/comments/wejwby/pera_rekeying_transaction_warnings_are_too_subtle/iisj87e/

I think I have granted that. Try giving it "nearby devices" and "location" temporarily to see if it fixes it I dmed you (reddit chat) in case you want help to figure it out

Commented by /u/d13co in /r/PeraWallet on August 3, 2022 11:22:54
/r/PeraWallet/comments/wejwby/pera_rekeying_transaction_warnings_are_too_subtle/iisesii/

Strange. What errors are you getting?

Commented by /u/d13co in /r/PeraWallet on August 3, 2022 10:53:59
/r/AlgorandOfficial/comments/wejyy8/pera_rekeying_transaction_warnings_are_too_subtle/iirqvkm/

> This sounds like Pera generated keys and odd requests to rekey? No, this is another thing altogether. Pera supports receiving/signing rekeying transactions from wallet connect websites. In such a case the operation should display a much larger warning than it currently does, as a malicious dApp could send a rekeying tx and if the user authorizes it, take over that wallet.

Commented by /u/d13co in /r/AlgorandOfficial on August 3, 2022 07:50:11
/r/PeraWallet/comments/wejwby/pera_rekeying_transaction_warnings_are_too_subtle/iirckj8/

Try removing the rekeyed account and re-adding it. The controlling address needs to be in the same app, right? It does work for me in multiple different rekeyed addresses (to other normal addresses, not hardware wallets)

Commented by /u/d13co in /r/PeraWallet on August 3, 2022 04:57:50
/r/AlgorandOfficial/comments/wejyy8/pera_rekeying_transaction_warnings_are_too_subtle/iip1vvg/

To clarify: this isn't about pera-initiated rekeying to a ledger. The concern here is receiving a rekeying transaction via WalletConnect from a malicious dApp, which is absolutely supported. In such a case I would like Pera to sound a metaphorical (or even literal) air raid siren. Source: we are developing a (benevolent) generic rekeying utility and have personally confirmed this capability. Rekeying is amazing but very dangerous. The image is from our website's instructions on how to confirm the tx on Pera before signing (hence the blurred out buttons to avoid user confusion). You can rekey to any account (not just ledger) and Pera supports this. It also works flawlessly if you have both the "spending authority" (controlling) account and the rekeyed account on the same app. The in-app initiated rekeying transactions can be considered safe.

Commented by /u/d13co in /r/AlgorandOfficial on August 2, 2022 17:04:56
/r/PeraWallet/comments/wejwby/pera_rekeying_transaction_warnings_are_too_subtle/iip1jh1/

Sorry I edited a bunch upstream and added more word salad : ) Yes this is absolutely the concern here.

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 17:02:48
/r/PeraWallet/comments/wejwby/pera_rekeying_transaction_warnings_are_too_subtle/iip103m/

That isn't the only way - the concern here is receiving a rekeying transaction via WalletConnect from a malicious dApp, which is absolutely supported. In such a case I would like Pera to sound a metaphorical (or even literal) air raid siren Source: we are developing a (benevolent) generic rekeying utility and have personally confirmed this capability. Rekeying is amazing but very dangerous. The image is from our website's instructions on how to confirm the tx on Pera before signing (hence the blurred out buttons to avoid confusion)

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 16:59:29
/r/PeraWallet/comments/vut6m2/assets_vs_collectables_tab_nfts_question/iior50p/

It is up to the NFT creators to make sure it is compatible. Pera has published documentation for NFT creators explaining what they support.

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 15:57:34
/r/PeraWallet/comments/w2rgwb/galgo_on_pera_wallet_i_committed_2500_why_is_pera/iioqw3b/

gALGO is _meant_ to trade for less than 1.0 ALGO **during** governance, and is redeemable for 1.0 exactly after gov ends. The exchange rate is determined by supply/demand on DEX, not folks finance.

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 15:55:58
/r/PeraWallet/comments/wawvvl/sending_usdc_to_cdc_exchange/iioqijt/

The Algorand version of USDC ("USDCa") is supported on very few exchanges. Try kucoin or mexc and make sure you verify it is the ALGORAND FLAVOR of USDC

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 15:53:32
/r/PeraWallet/comments/wd4fjt/verification_and_centralization/iioqce9/

A verification process to get a verified badge is the bare minimum You're free to use, mint, and do whatever without KYC - and without the verified badge, as you are not.

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 15:52:26
/r/PeraWallet/comments/weigxy/love_the_nfts_in_the_wallet_but_how_can_i_reach/iioq4jn/

It is up to the NFT creators to make it compatible

Commented by /u/d13co in /r/PeraWallet on August 2, 2022 15:51:00
/r/AlgorandOfficial/comments/weep8g/what_to_watch_out_for_with_malicious_transactions/iiofdl3/

The only way is to remember the app ID and confirm that the txn calls are going to the right app ID. The badge that Pera displays next to the app name in txn signing modals seems to show for unverified dApps as well (tested w my own unverified one), which makes it a net negative for security (unless I misunderstand how it works and they do some machine learning magic - doubtful) This problem is basically unsolved in Blockchain space afaik. Verified App IDs and verified transaction hashes* would go a long way. * Hash the immutable parts of a tx and verify then by users, so each time you do an AlgoFi swap it shows a green checkmark ---- Some more bullet points: - Rekeying txns can't be initiated by the Ledger - Pera's transaction confirmation modal leaves a lot to be desired, esp when displaying group txns - Pera supports rekeying (to any address, including over walletConnect) and _does_ have a small warning but it needs a far bigger one

Commented by /u/d13co in /r/AlgorandOfficial on August 2, 2022 14:42:16
/r/algorand/comments/we0kmg/random_ledger_pop_up_while_im_pera_wallet/iio9w25/

A ledger can't initiate a rekeying.

Commented by /u/d13co in /r/algorand on August 2, 2022 14:08:09
/r/AlgorandOfficial/comments/wdhgha/the_future_on_algorand_algofi_updates/iimx4ko/

This AlgoFi [tweet was so absolute class](https://twitter.com/algofiorg/status/1547599552294752258) that I went back to find it 💪

Commented by /u/d13co in /r/AlgorandOfficial on August 2, 2022 08:46:44
/r/AlgorandOfficial/comments/wavk95/interview_with_glitter_finance_ceo_david/ii7rhu1/

Tried to bridge some SOL but the network was too congested. True story

Commented by /u/d13co in /r/AlgorandOfficial on July 29, 2022 23:19:50
/r/Tinyman/comments/vmrjs6/tinyman_has_partnered_up_with_pnetwork_to_bring/ii53usn/

I was hoping for something like this! I'm ok with it for now, but ideally I'd like to see it gone after the protocol and token matures a bit. Thanks for your time.

Commented by /u/d13co in /r/Tinyman on July 29, 2022 11:53:13
/r/algorand/comments/wahl1n/why_is_algo_so_weak/ii43hbu/

Echo & amplify: https://twitter.com/d13_co/status/1551509433418764290 https://twitter.com/d13_co/status/1544819888912535558

Commented by /u/d13co in /r/algorand on July 29, 2022 07:17:56
/r/Tinyman/comments/vmrjs6/tinyman_has_partnered_up_with_pnetwork_to_bring/ii3x5hg/

Asked the same here https://twitter.com/d13_co/status/1552957565050421252

Commented by /u/d13co in /r/Tinyman on July 29, 2022 06:04:38
/r/Tinyman/comments/vmrjs6/tinyman_has_partnered_up_with_pnetwork_to_bring/ii3x3om/

Bump to ask again about freeze & clawback Also here https://twitter.com/d13_co/status/1552957565050421252

Commented by /u/d13co in /r/Tinyman on July 29, 2022 06:04:00
/r/algorand/comments/wa47rd/best_way_to_keep_my_eth_position_and_make_use_of/ii3tq7p/

I second the opinion of sibling comment - the fees can be calculated in advance. One route is (exchange Withdrawal fee in ETH + TX fee to AlgoFi deposit + AlgoFi fees) and the other (swap fee to ALGO (0.2%?) + Exchange Withdrawal fee) If you swap to algo to then swap to goETH on chain you are exposed to price fluctuations between eth/Algo for the time you hold Algo, but that should be OK if you do it quickly enough. Most exchanges process Algo quickly (kraken) but some take their sweet time (Coinbase under some conditions) If you do route B, **what you should absolutely do** is make a test tx for 5/10 ALGO from your exchange to verify that your withdrawal path is correct, and to suss out withdrawal times. Kraken and bitfinex have been good (to me) and quick with withdrawals. No exp with Coinbase. Ps eth fees are really low this week, could be worth going algomint route..spreadsheet it and give it your best estimate

Commented by /u/d13co in /r/algorand on July 29, 2022 05:19:56
/r/algorand/comments/wa47rd/best_way_to_keep_my_eth_position_and_make_use_of/ii1vmbe/

Algorand is on another level. 5s finality is just..... Aaaaaaagh.

Commented by /u/d13co in /r/algorand on July 28, 2022 18:33:20
/r/algorand/comments/wa47rd/best_way_to_keep_my_eth_position_and_make_use_of/ii1uppt/

AlgoFi V2 will support it, releasing on Tuesday Aug 2

Commented by /u/d13co in /r/algorand on July 28, 2022 18:26:57
/r/algorand/comments/wa47rd/best_way_to_keep_my_eth_position_and_make_use_of/ii1kefb/

You are very welcome! AlgoFi rocks but keep an eye out on your utilization. If you are interested in liquidations academically we put out a report a billion years ago here: https://d13.co/algofi-liquidations-stats-data/ And we are building (indirectly) a borrow utilization monitoring/notification service for AlgoFi. The idea has evolved into a higher level explorer/observer (dex swaps, liquidations, nft/ASA mints, etc) and will be at https://algorand.observer (@algo_observer on Twitter) and it will eventually include push notifications when your borrow util crosses your desired thresholds.

Commented by /u/d13co in /r/algorand on July 28, 2022 17:16:56
/r/algorand/comments/wa47rd/best_way_to_keep_my_eth_position_and_make_use_of/ii1bvyo/

No, the other way around. To borrow ALGO you have to provide some sort of collateral, in your case you would bridge your ETH via algomint to goETH, and then deposit your goETH to AlgoFi Lend (lending it out). By lending it out you can borrow up to a certain percentage of its dollar value. The maximum borrow is 90% of your collateral value times your collateral factor, and your liquidation point is if your borrowed amount exceeds 100% of the borrow utilization. Each currency has a different collateral factor, and goETH has 0.7. Right now AlgoFi considers goETH to be worth $1726.81 If you lend out 1 goETH, your 100% utilization would be 0.7 * $1726.81, or $1208.76 You would be able to borrow up to 90% of that, or $1088 If you borrow 50% of your usable collateral ($604) in ALGO ($0.337 right now) you would get 1792 ALGO to play with - you can withdraw that to your wallet and do whatever. Your concern at this point is the ratio ALGO / goETH. If ALGO drops, you are in fact safer than before, as your utilization drops below 50%. (your borrowed amount is worth less in USD than before) If ALGO price goes up (a LOT) while goETH goes DOWN, then your collateral value drops, and your borrow value increases, and if this happens enough that (borrow / (0.7 * goETHcollateral)) exceeds 1.0, you can get partially liquidated, in which case another user (bot) pays off part of your debt and claims some of your goETH. If you keep your utilization low (40-50%) you should be OK as long as you lend/borrow cryptocurrencies. If one of those is a stablecoin then there is no theoretical point of safety, as the past 9 months would show you. But ETH and ALGO mostly go up or down together, so if you leave a large enough buffer (50%?) you should be ok. You can check the price fluctuations of ETH vs ALGO somewhere to see what utiliation is agreeable to your risk profile. This is a decent-enough intro that didn't go into interest payments (they accrue in your deposit/borrow amount) and if you want to go down this route you should read _all_ the relevant algofi lend docs and especially supplying and borrowing https://docs.algofi.org/algofi-lending/master/depositing-funds https://docs.algofi.org/algofi-lending/master/borrowing-assets Edit: V2 docs: https://docs.algofi.org/algofi-lending-v2/new-features (releasing Aug 2) edit: and to answer the second question, if your utilization increases (ALGO gains value while goETH loses value) you can either repay some of the ALGO loan OR add more collateral in the form of the following currencies: STBL/USDC/goBTC/goETH

Commented by /u/d13co in /r/algorand on July 28, 2022 16:21:46
/r/pact_fi/comments/wa4asx/what_for_is_this_3rd_party_custodian_and_who_is/ihzoeh4/

Looks like it has been resolved. https://twitter.com/pact_fi/status/1552562590215065600 A smart contract would come with its own risks and little insurance possibilities Some insight into their partnership would be good though

Commented by /u/d13co in /r/pact_fi on July 28, 2022 09:56:03
/r/FolksFinance/comments/w8vrbo/galgousdc_pool_new_incentives_100k_galgo_will_be/ihzjpgt/

Are the rewards sent to our wallets directly? Or are they added as (f)LP tokens to the deposited amount?

Commented by /u/d13co in /r/FolksFinance on July 28, 2022 09:20:52
/r/algorand/comments/wa47rd/best_way_to_keep_my_eth_position_and_make_use_of/ihza8nq/

Just to add: if you borrow Algo against your goETH your liquidation danger should be low (they are correlated to a significant degree) _but_ if you borrow a stablecoin, keep an eye out for ETH price drops that could lead to partial liquidation

Commented by /u/d13co in /r/algorand on July 28, 2022 07:57:34
/r/pact_fi/comments/wa4asx/what_for_is_this_3rd_party_custodian_and_who_is/ihz9vgw/

What is this referring to? I'm out of the loop

Commented by /u/d13co in /r/pact_fi on July 28, 2022 07:54:02
/r/AlgorandOfficial/comments/wa4zj1/algo_tables_tables_for_algorand_update_3/ihz9rsg/

Very nicely done. So nice to see a project evolve from MVP into maturity. Also well done for shipping early and validating market "fit" rather than iterating endlessly until it is "perfect"

Commented by /u/d13co in /r/AlgorandOfficial on July 28, 2022 07:53:04
/r/Tinyman/comments/w8ou5a/weve_got_a_special_new_pool_on_tinyman_to_stay/ihw7pib/

I think the deposit APR there doesn't factor in the reward boosts If you check the pair under the "available to deposit-> LP" you'll see the APR is broken down by source, and the base reward is zero

Commented by /u/d13co in /r/Tinyman on July 27, 2022 15:45:09
/r/Tinyman/comments/w4sd2n/plans_for_galgo_usdc/ihw78bj/

[they did](https://www.reddit.com/r/Tinyman/comments/w8ou5a/weve_got_a_special_new_pool_on_tinyman_to_stay)

Commented by /u/d13co in /r/Tinyman on July 27, 2022 15:42:12
/r/Tinyman/comments/w3qcar/will_the_usdcalgo_pool_be_extended_again/ihw7302/

Fyi other platforms have different timelines, eg humble Ⱥ/USDC ends in 25d (Aug 23?)

Commented by /u/d13co in /r/Tinyman on July 27, 2022 15:41:18
/r/Tinyman/comments/w8ou5a/weve_got_a_special_new_pool_on_tinyman_to_stay/ihw6l2m/

How are rewards going to be distributed? I added to the LP and deposited on the FF side but it is unclear how the rewards work. It hasn't appeared under "Your Farming Positions" Edit: asked on FF subreddit and the rewards [will be sent to wallet directly](https://www.reddit.com/r/FolksFinance/comments/w8vrbo/galgousdc_pool_new_incentives_100k_galgo_will_be/ihzjpgt) every Monday

Commented by /u/d13co in /r/Tinyman on July 27, 2022 15:38:12
/r/CryptoCurrency/comments/w6y4nw/algorand_founder_silvio_micali_breaks_down_how_to/ihilala/

Sorry, they don't. _All_ Algod communications pass through relays. Both clients and consensus participants. If there were a P2P fallback I'd almost certainly know about it, but I'm open to some docs or github code links disproving me. Not hating on Algorand at all here - we're developing on it.

Commented by /u/d13co in /r/CryptoCurrency on July 24, 2022 20:24:51
/r/CryptoCurrency/comments/w6y4nw/algorand_founder_silvio_micali_breaks_down_how_to/ihi2fte/

Not accurate - all Algod communication goes through relays at the moment.

Commented by /u/d13co in /r/CryptoCurrency on July 24, 2022 18:01:59
/r/CryptoCurrency/comments/w6y4nw/algorand_founder_silvio_micali_breaks_down_how_to/ihi2a57/

Accurate. It was pure luck that it happened on testnet.

Commented by /u/d13co in /r/CryptoCurrency on July 24, 2022 18:00:54
/r/algorand/comments/w5ylbz/the_number_of_active_algorand_accounts_is_142m/ihh1vz3/

Not seeing it anywhere in the tweets.

Commented by /u/d13co in /r/algorand on July 24, 2022 13:45:50
/r/algorand/comments/w5ylbz/the_number_of_active_algorand_accounts_is_142m/ihgrvxy/

Title should read "open accounts", not active Open as in "have balance". Active usually means "having made a tx in past N days".

Commented by /u/d13co in /r/algorand on July 24, 2022 12:36:07
/r/D13/comments/w5yktb/the_number_of_active_algorand_accounts_is_142m/ihgrtcb/

Title should read "open accounts", not active Open as in "have balance". Active usually means "having made a tx in past N days".

Commented by /u/d13co in /r/D13 on July 24, 2022 12:35:37
/r/algorand/comments/w5ylbz/the_number_of_active_algorand_accounts_is_142m/ihgrimm/

How is this critical? This is data.

Commented by /u/d13co in /r/algorand on July 24, 2022 12:33:35
/r/algorand/comments/w5ylbz/the_number_of_active_algorand_accounts_is_142m/ihgrh0n/

Who called it misleading?

Commented by /u/d13co in /r/algorand on July 24, 2022 12:33:16
/r/algorand/comments/w1yg19/wrote_down_seed_phrase_wrong/igonkkz/

We wrote [this script](https://www.reddit.com/r/D13/comments/w28leh/script_to_recover_simple_algorand_seed_phrase/) (source [here](https://github.com/d13co/algorand-reorder-seed-words)) for you and anyone else in your position. Let us know if it helps you!

Commented by /u/d13co in /r/algorand on July 18, 2022 15:58:44
/r/algorand/comments/w1yg19/wrote_down_seed_phrase_wrong/ign9wzu/

"fairly certain" - is it accepted by your wallet software? The 25th word is a checksum validating that the seed is correct If you got the order wrong it should give you an error when trying to restore. The 25! comments are technically correct but practically you should have good chances by trying each word in the neighbouring 1-2 positions, which is a much smaller number ~~We can write you a script to do that if you are interested~~ edit: we wrote this script: https://www.reddit.com/r/D13/comments/w28leh/script_to_recover_simple_algorand_seed_phrase

Commented by /u/d13co in /r/algorand on July 18, 2022 10:29:03
/r/algorand/comments/w1ndae/new_here_what_is_the_consensus_here_for_best/ign8d3k/

Which needs a wallet "frontend" And works with Pera and myAlgo Ninja edit: ledger live too but not sure if it supports everything

Commented by /u/d13co in /r/algorand on July 18, 2022 10:18:05
/r/CryptoCurrency/comments/w10c4f/when_will_crypto_become_foolproof/ighvbmh/

Some networks do protect somewhat against this. On Algorand the last few characters of an address is a checksum validating the address correctness, so if you try to send to an alphabet soup address it will be rejected. Same for seed phrases, it uses 24 words+1 checksum word, so not any 25 words will work. People still manage to fuck up there as well, by sending funds to the foundation for Governance (not supposed to do that, they stay in your wallet and you send them a 0 ALGO TX with a note) or giving away their seed phrases. User education is hard. Ethereum addresses can also checksummed by their cAPItaliZATion (I forget what the scheme is called) but at the UI rather than the protocol level - and few dApp frontends do validate that at the UI level. Edit: Ethereum checksum info: https://coincodex.com/article/2078/ethereum-address-checksum-explained/

Commented by /u/d13co in /r/CryptoCurrency on July 17, 2022 04:16:10
/r/Bitcoin/comments/w0vvsl/reading_the_bitcoin_standard_and_the_sections_on/igh3h83/

Some more issues in this review https://www.coppolacomment.com/2018/04/the-bitcoin-standard-critical-review.html Still going to finish it, but... with a grain of _sal_

Commented by /u/d13co in /r/Bitcoin on July 16, 2022 23:02:48
/r/AlgorandOfficial/comments/w0dy3g/governance_after_2030_and_economic_incentives_for/iggu653/

Maaaybe tx fees (a tweakable param in consensus) will be involved at some point but so far Governance focus has been about... Governance. No consensus/mechanics/actual chain related stuff have been put up, like "46K TPS or state proofs?"

Commented by /u/d13co in /r/AlgorandOfficial on July 16, 2022 21:41:36
/r/algorand/comments/w0l6vt/algorand_stats/iggsgo2/

Just sold Algo at $21,490 so this checks out

Commented by /u/d13co in /r/algorand on July 16, 2022 21:27:11
/r/algorand/comments/w06pp5/need_advice_on_my_alt_coins/iggs6hi/

Also have a small DOT bag but that's just inflation. DOT has a few issues: https://twitter.com/Justin_Bons/status/1547986837926395911?t=dbYXEde0dYOdv2B6QT4U6w&s=19

Commented by /u/d13co in /r/algorand on July 16, 2022 21:24:45
/r/CryptoCurrency/comments/w0bv37/how_secure_are_seed_phrases/iggro57/

While Algorand is great, post quantum keys (falcon algorithm) are used in few places - state proofs and (I think) consensus participation keys. Account keys are "regular" elliptic curve ED25519 keys. Quantum computers capable of breaking one are multiple decades away (for multiple decades now - the "flying car"/jetpack equivalent). It isn't a miniturization issue like making faster CPUs by packing transistors more densely, there are fundamental issues with making more than a handful of qubits stable - and thousands of qubits are needed to attempt an ED or RSA key crack.

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 21:20:28
/r/AlgorandOfficial/comments/w0dy3g/governance_after_2030_and_economic_incentives_for/iggq9y5/

It literally isn't, not sure why GP is downvoted. Algorand is the mechanics of the chain & consensus. Governance is a scheme by the Foundation (not inc) to distribute Algo in return for voting on _Foundation_ matters.

Commented by /u/d13co in /r/AlgorandOfficial on July 16, 2022 21:08:36
/r/AlgorandOfficial/comments/w0dgcl/validators_rewards/iggptau/

Validators (consensus participants) can't change the mechanism even if it _were_ rewarded.

Commented by /u/d13co in /r/AlgorandOfficial on July 16, 2022 21:04:42
/r/algorand/comments/w0syzu/how_will_the_ethereum_merge_affect_algorand/iggpni1/

No, core Ethereum is going to proof of stake

Commented by /u/d13co in /r/algorand on July 16, 2022 21:03:20
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/iggobns/

>That's like saying ISPs have no power over the internet because they only deal with network and not content. The ISP comparison is not very apt as they can interfere with content, whereas relays cannot mess with transaction content. Also by default Algod connects to 4 relays, which can be increased in config (gossipfanout [here](https://developer.algorand.org/docs/run-a-node/reference/config/)), so you are not relying on a single relay for the state updates, like you are on your residential ISP. > you don't get to say it satisfies crypto fundamentals Aren't "Crypto fundamentals" about consensus? In Bitcoin if you are surrounded by malicious nodes they can "drown you out" but you won't get false state. When you connect to an honest peer you'll get the latest state. Likewise if you connect to malicious relays you will be drowned out until you connect to an honest one. Opening up relay nodes to anyone (without staking/slashing and a performance/correctness validation subsystem) would cause more potential for harm than otherwise. There is centralization all over in web3. Aside from a massive percentage of nodes hosted on clouds like AWS, there is the fundamental issue that no end user l is talking to the chain directly: they talk to some server that talks to the chain. If the 1inch backend (or AlgoFi backend, or any one) bans your address, you're fucked unless you can reproduce the tx yourself via another node. There is higher probability of a single entity banning you from their servers than 100 organizations colluding against you. Actually decentralized web3 requires each end user to have a light client and read/broadcast tx themselves. Until we get there, there will be single points of failure/centralization. > Yeah, by the good graces of algorand who has no intention to incentivize stewards of the network Relay node operators _are_ currently incentivised - by the foundation - so _this_ seems like fake news. Last batch accepted by community applicants was in March I think: https://algorand.foundation/news/community-relay-node-program-live-march

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 20:52:05
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/iggadck/

Yeah, _if_ over one hundred organizations all agreed to censor, it _would_ be bad, which is why it (almost certainly) won't happen. And even If it did, the option to fork and use different relays would be explored (this is easily configurable on algod - relay discovery happens via a DNS SRV lookup which is specified on a config file). The social/human factor is an often overlooked aspect in the security layer, like the ETH hard fork or the BTC hard fork in 2012 (?) when an exploit minted way more btc than it should. The code is "everyday law" and the consensus of humans running the code/nodes (aka the ecosystem) is the supreme court. Back to Algo relays, an ideal implementation would be incentivised relays with staking and slashing and a subsystem to verify their performance and correctness, but that is complicated. Algo is 3 years old and has only picked up steam in the past year. I think the relay layout is fine for the time being. If you haven't used it, try it out, it is _seriously_ good UX and (imho) decentralized enough. Only comparable performance is SOL, which... Yeah.

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:57:52
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg97o6/

Still need to keep your seeds safe but overall the experience is next-level and there are no obvious security footguns for newbies

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:48:45
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg8k24/

"Security model" is broad and subjective, but if you want to forego usability issues like blanket approvals and spraying with shitcoins, which we see costing millions on Ethereum every few weeks, let's talk consensus: Relay centralization is a common meme but not really an issue. They: - are not run by the same entity, but different ecosystem players - are gradually opened up - have very little actual power, as they are the network layer and nothing else Consensus is among the most decentralized as there is no concept of delegators, people self "stake"/validate. I'm fine with this tradeoff given the extreme performance but if you are concerned about an ecosystem wide conspiracy to suppress your transactions then... 🤷‍♂️

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:43:34
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg6mii/

Not just logicsig - blanket approval to take any amount of token $T to any address Logicsigs are the way to go as they have full flexibility over what to approve, e.g. ONLY $YLDY and ONLY to address $X, etc. BUT the UX is missing a huge part, which is communicating provably to the user _what_ they are signing Even if you get a third party audit of your logic sig, I think some kind of hash is needed so that users can know that the logic sig they are signing is the audited one and not something else. We'll get there

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:28:40
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg6bsv/

You can disconnect if it will make you feel better but it is nothing more than superstition Disconnecting won't affect your governance Rewards But also it won't affect security - you have to approve all transactions manually via Pera or myAlgo

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:26:23
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg445u/

Not at all https://np.reddit.com/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg3vdi?utm_medium=android_app&utm_source=share&context=3

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:09:15
/r/CryptoCurrency/comments/w0owbk/just_found_out_more_than_88k_usd_worth_of_crypto/igg3vdi/

Incorrect - you have to approve all transactions manually WalletConnect is for the permission to send you transactions to sign There is an equivalent to this (called logic signatures) which is more fine grained but it isn't supported by Pera and hasn't been used (edit: by mainstream dApps) On Algo - so far - you have to approve each transaction You also can't be sprayed with shitcoins without opting in. The security model is better than Ethereum's.

Commented by /u/d13co in /r/CryptoCurrency on July 16, 2022 18:07:21
/r/CryptoCurrency/comments/vz3193/home_made_hardware_wallets_anyone_have_experience/ig76rss/

So In 3-4 working days you'll hammer together hardware, firmware and software into a working prototype hardware wallet. 👍 Go get em tiger

Commented by /u/d13co in /r/CryptoCurrency on July 14, 2022 20:07:38
/r/CryptoCurrency/comments/vz3193/home_made_hardware_wallets_anyone_have_experience/ig75tdn/

No doubt no doubt Last question if you have the time: How many hours to build this?

Commented by /u/d13co in /r/CryptoCurrency on July 14, 2022 20:00:22
/r/CryptoCurrency/comments/vz3193/home_made_hardware_wallets_anyone_have_experience/ig74pzn/

Looking forward to seeing your work

Commented by /u/d13co in /r/CryptoCurrency on July 14, 2022 19:52:01
/r/CryptoCurrency/comments/vz3193/home_made_hardware_wallets_anyone_have_experience/ig70vy9/

How many hours do you think you will need to spend to make a hardware wallet, write some software to communicate with it, test signing tx, and get it stable enough? Doubtful that you could _finish_ it in less than 2 work weeks ~ 80 hours. If so you value your time at $1.25/hr Even factoring in creating multiple wallets for backups, which will take less time once you iron the kinks out of the prototype, it doesn't make economic sense to spend that time in order to save $100. If you're a hardware and software and crypto wizard and can knock it out in a weekend you likely would've done so already rather than pontificate here.

Commented by /u/d13co in /r/CryptoCurrency on July 14, 2022 19:23:19
/r/CryptoCurrency/comments/vz10vt/what_is_your_opinion_of_the_rbitcoin_mentality/ig6w403/

"Bugs exist so all programs are useless"

Commented by /u/d13co in /r/CryptoCurrency on July 14, 2022 18:48:39
/r/algorand/comments/vyfbdd/james_webb_nft/ig2vris/

Interesting and correct! Thanks

Commented by /u/d13co in /r/algorand on July 13, 2022 22:55:39
/r/CryptoCurrency/comments/vy3rjp/what_percentage_of_your_assets_are_in_crypto/ig1wchb/

December: 90% January: 85% March: 70% July: 50%

Commented by /u/d13co in /r/CryptoCurrency on July 13, 2022 18:31:29
/r/algorand/comments/vyfbdd/james_webb_nft/ig1w71l/

>i bet they'd get big $$$ 2022 NASA budget: $24B What's the best case scenario that an Algorand NFT series would raise? Even if it hit $1M and NASA got 100% it would be 0.00417% of their annual budget.

Commented by /u/d13co in /r/algorand on July 13, 2022 18:30:26
/r/algorand/comments/vyfbdd/james_webb_nft/ig1vndm/

> Non-Fungible Tokens (NFTs) are, in essence, digital tokens owned by someone as a "one of a kind" digital asset. NASA does not wish for its images to be used for these purposes. https://www.nasa.gov/multimedia/guidelines/index.html You could still do it YOLO style ~~as the images are not under copyright~~ but you wouldn't get their blessing.

Commented by /u/d13co in /r/algorand on July 13, 2022 18:26:36
/r/algofi/comments/vy7iar/borrower_interest_and_rewards/ig1uu71/

Claim your reward: 🍑

Commented by /u/d13co in /r/algofi on July 13, 2022 18:20:54
/r/algorand/comments/vweep5/vote_the_reason_you_dont_run_a_participation_node/ifplcdi/

To provide a counter argument here, let's say the esteemed D13.co//ective starts offering ready-to-participate raspberry pis tomorrow, and they become enormously popular. While the overall security of the network may be said to increase by having more stake in total, having a large third party provider of plug-n-play hardware/software stack for consensus nodes may be seen as detrimental with respect to centralization: we could push a malicious update, or include something in the stack at shipping time. It is likely a feature to require some technical know-how rather than a bug. Algorand inc could start selling/shipping something like that but it is a whole new class of products that would require a lot of documentation, support, etc.

Commented by /u/d13co in /r/algorand on July 11, 2022 07:38:32
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifnq7zb/

>To believe that Algorand will have 100% uptime is delusional. It is a design choice for this network to never be inconsistent, and we should not expect zero downtime. What in the design of the consensus mechanism precludes 100% uptime? (A small delay if a few malicious participants cause a few blocks to be rejected is not downtime.) What I believe happened in this case is that a transaction got in the pending pool which triggered a bug, stalling progress. The consensus mechanism and Algorand's design didn't factor in at all - it was an implementation issue. You could say it is delusional to expect _any_ system to be 100% up but that's a different discussion.

Commented by /u/d13co in /r/AlgorandOfficial on July 10, 2022 19:50:43
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifl5obo/

Not yet. If we see one on Monday or Tuesday it would be fine I think.

Commented by /u/d13co in /r/AlgorandOfficial on July 10, 2022 08:11:08
/r/algofi/comments/vudndb/how_do_you_connect_to_algofi_these_days/ifh7zq6/

This is happening because AlgoFi thinks you are on desktop. Check if your browser is in "desktop mode"/"Desktop Site" (should be labeled something like this) and disable it if so. Your mobile wallet connect should work afterwards. Alternatively try a different browser like Chrome (assuming this is Safari)

Commented by /u/d13co in /r/algofi on July 9, 2022 10:37:09
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifgyv3m/

Something worth noting is that at stall time, MainNet and TestNet were both running the same software versions (algod 3.8.0) and the same consensus protocol: TestNet (clipped `goal node status` on a testnet node): Last consensus protocol: https://github.com/algorandfoundation/specs/tree/d5ac876d7ede07367dbaa26e149aa42589aac1f7 Genesis ID: testnet-v1.0 MainNet: Last consensus protocol: https://github.com/algorandfoundation/specs/tree/d5ac876d7ede07367dbaa26e149aa42589aac1f7 Genesis ID: mainnet-v1.0 So while "yes, user funds are safe (TestNet after all)", it seems _likely_ that this bug could have been triggered on MainNet instead, which would have been The Big Yikes.

Commented by /u/d13co in /r/AlgorandOfficial on July 9, 2022 09:21:56
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifguzu0/

No worries my good dude - no malice was implied, just clarifying.

Commented by /u/d13co in /r/AlgorandOfficial on July 9, 2022 08:45:48
/r/algorand/comments/vuv9z6/node_runners_make_sure_your_node_is_upgraded_to/ifguoyz/

Check your node/data/node.log logfile for details. The systemd stuff likely preexisted and is ignorable

Commented by /u/d13co in /r/algorand on July 9, 2022 08:42:50
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifguhku/

Yes it is. Downvotes are undeserved.

Commented by /u/d13co in /r/AlgorandOfficial on July 9, 2022 08:40:51
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifgudjt/

Because it hasn't happened since before MainNet launched (last incident was 2019 Jan, MainNet launch 2019 june) Because testnet and MainNet run the same software and (at the time) protocol version. Because the infrastructure details (stake distribution) that affected the first testnet stall no longer apply (testnet stake is now distributed). Because if the bug condition that triggered _twice_ on testnet could have happened on MainNet then the chain reliability reputation was saved on a coin flip. "ARE MY COINS SAFE" is not the only thing worth being concerned about.

Commented by /u/d13co in /r/AlgorandOfficial on July 9, 2022 08:39:44
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifgtpp1/

This is quoting a response to the Jan 2019 incident: https://forum.algorand.org/t/testnet-stalled/88/7 It doesn't apply any more - the testnet stake is distributed enough that there are many nodes with enough stake. Check a few testnet blocks on algoexplorer or goalseeker and you won't see many proposers repeated. Looks like something went wrong with an optimization code path that affected multiple nodes. > absolutely nothing to worry about If it is something that could have been triggered on MainNet instead then yes, something to worry about: Algorand's reliability reputation was saved on a coin flip. Let's wait and see but it is concerning. If you were talking about user funds then yeah this is far from affecting them.

Commented by /u/d13co in /r/AlgorandOfficial on July 9, 2022 08:33:12
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifgt7sg/

>or continue running the old version On Algorand certain updates that include protocol changes have cutoff dates (a specific round) after which the old client will no longer sync. Source: didn't set up auto updates, had an old client no longer sync.

Commented by /u/d13co in /r/AlgorandOfficial on July 9, 2022 08:28:10
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/iff0w6d/

Testnet stalled again at 1 am UTC "AlgoPaul" from Algorand inc said on discord that they have a fix ready and have patched the testnet nodes. They will release it to the public soon.

Commented by /u/d13co in /r/AlgorandOfficial on July 8, 2022 20:47:12
/r/algorand/comments/vujtja/algorand_testnet_appears_to_be_stalled_at_the/iferopn/

Still very alarming. Hope to see a postmortem report for this incident. Our testnet algods were stuck on the same round for [5 hours](https://twitter.com/d13_co/status/1545536052001226752)

Commented by /u/d13co in /r/algorand on July 8, 2022 19:33:39
/r/AlgorandOfficial/comments/vujsy3/algorand_testnet_appears_to_be_stalled_at_the/ifeqgy0/

~~Posted some interesting logs from our 2 testnet algod if anyone is interested:~~ https://twitter.com/d13_co/status/1545536052001226752 Thought better and deleted the thread until we hear if this is a reproducible bug or not. It wasn't that interesting anyhow.

Commented by /u/d13co in /r/AlgorandOfficial on July 8, 2022 19:24:14
/r/PeraWallet/comments/vtkrw7/pera_x_algofi_algorand_governance_period_4/ifdj0ul/

In period 3 we did this and our profits were 2.18x if we would have done straight gov Write up here: https://www.reddit.com/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop

Commented by /u/d13co in /r/PeraWallet on July 8, 2022 14:21:19
/r/AlgorandOfficial/comments/vu4ewt/was_going_through_john_woods_twitter_its_going_to/ifd0l4k/

CTO of the foundation - not Algorand **inc**, which develops the chain

Commented by /u/d13co in /r/AlgorandOfficial on July 8, 2022 12:22:05
/r/CryptoCurrency/comments/vtjs7w/not_your_keys_not_your_crypto_not_for_everybody/if8baam/

How often does that happen exactly?

Commented by /u/d13co in /r/CryptoCurrency on July 7, 2022 13:16:57
/r/algorand/comments/vsw0qt/the_state_of_algorand_july_2022/if8afnj/

You brought the comparison to tinyman. Are board glitches compensated? Were they communicated? God forbid we call out miscommunications and mismanagement of _their_ mistakes lest they fully abandon the chain! Whatever will we do without Yieldly. > Such a damn entitled attitude. How you got from my comment to that punchline is beyond me.

Commented by /u/d13co in /r/algorand on July 7, 2022 13:11:27
/r/CryptoCurrency/comments/vt069a/23_years_ago_i_created_freenet_the_first/if684cy/

>you will have pools of resources owned by a handful of companies (4-5 pools make up the majority of mining for Bitcoin). Mining pools do not own the miners. if/when they misbehave, miners switch really quickly.

Commented by /u/d13co in /r/CryptoCurrency on July 7, 2022 01:31:17
/r/algorand/comments/vsw0qt/the_state_of_algorand_july_2022/if67u82/

Tinyman communicated well and reimbursed (almost?) everyone.

Commented by /u/d13co in /r/algorand on July 7, 2022 01:28:12
/r/algorand/comments/vt6qpq/inflation_and_market_cap_in_algorard_economy/if67irx/

Injecting some ranting that /u/a3voices_ and myself did on Twitter regarding Governance: https://twitter.com/d13_co/status/1544819888912535558 Michel Dahdah of randlabs expressed a similar view on Coop's podcast. TLDR: 282m Ⱥ (or 8% APR) at zero risk is sabotaging DeFi and inflates everybody's Algo for no good reason. Cap it at 2% and let on-chain stuff like DeFi, NFTs, etc breathe a bit.

Commented by /u/d13co in /r/algorand on July 7, 2022 01:24:41
/r/AlgorandOfficial/comments/vrktld/gov4_allocation_standard_governance_liquid/if41baa/

1. Deposit ALGO into vault 2. borrow the max allowable amount of ALGO that the LEND page will give you 3. go to step 1 Towards the end your additional borrows will be marginal. We stopped at ~87% utilization. After you are above 85% utilization you can go to the vault page and commit your amount to governance. 100% should be safe but for superstitious reasons we committed one ALGO less than the available.

Commented by /u/d13co in /r/AlgorandOfficial on July 6, 2022 15:20:16
/r/AlgorandOfficial/comments/vrmadc/algorand_should_be_taking_advantage_of_its/if09t3o/

The focus has been on bridging, and rightfully so. https://www.reddit.com/r/algorand/comments/vr8zbv/z/ieu93u6

Commented by /u/d13co in /r/AlgorandOfficial on July 5, 2022 19:26:00
/r/AlgorandOfficial/comments/vryasc/multiple_wallet_sessions/if09i1u/

Yeah that should be supported

Commented by /u/d13co in /r/AlgorandOfficial on July 5, 2022 19:23:41
/r/AlgorandOfficial/comments/vrktld/gov4_allocation_standard_governance_liquid/ieycoum/

Not sure how much folks profit is but if you borrow Algo against vaulted Algo and loop it you can 2x your profit at zero liquidation risk. We wrote up our period 3 profit calculations here: https://d13.co/algofi-vault-reward-performance-for-governance-period-3/

Commented by /u/d13co in /r/AlgorandOfficial on July 5, 2022 11:39:10
/r/CryptoCurrency/comments/vrg9yp/take_a_look_at_the_upcoming_big_macro_events_that/iew9xm6/

I didn't think that was long enough to qualify but apparently it did > On average, recessions last 11 months, according to Lindsey Bell, chief markets and money strategist for Ally. The shortest recession on record is the 2020 pandemic-induced recession, which lasted just three months.

Commented by /u/d13co in /r/CryptoCurrency on July 4, 2022 22:40:31
/r/AlgorandOfficial/comments/vphx9g/looking_to_join_up_to_governance_whats_the_best/ievvzym/

We did this last period: https://www.reddit.com/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop And doing the same for period 4

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 20:36:23
/r/AlgorandOfficial/comments/vphx9g/looking_to_join_up_to_governance_whats_the_best/ievvx5b/

Fyi we did an ROI analysis of AlgoFi vault https://www.reddit.com/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 20:35:43
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ievv4m3/

Glad I looked into your history before going into a lengthy post. Tldr: - they are run by ecosystem investors and companies - they hold almost no power, can only censor or stop the chain if they collude fully. - if the entirety of the ecosystem providers making up the relay node runners decided to steal your cookies, they could also do a 33% attack with their algo and break the chain integrity (as in most PoS chains)). - same as with malicious peers surrounding you in Bitcoin protocol, they can drown you out temporarily but a single honest peer/node undoes their sabotage. - consensus without delegators is much more trustless than delegation PoS chains like ada. There are far more centralized aspects of all web3 and Algorand specifically - if e.g. AlgoFi servers decide to ban your address you're fucked unless you're a developer. If Pera and myAlgo both decide to ban your address, same. All relay node runners colluding against you is a far larger undertaking of conspiratorial dimensions and extremely, extremely unlikely to happen given the stakes of being caught doing so. But yeah muh relay nodes

Commented by /u/d13co in /r/algorand on July 4, 2022 20:28:55
/r/algorand/comments/vr7aw4/algofi_or_folks_finance_for_governance/ievmckl/

Not sure how folks finance works If everyone withdrew their Algo from Lending, the borrow APR and supply APR would both increase, so other players on the market would come to provide Algo lending and enjoy the higher APR practically the odds of this happening is zero - there is a lot more Algo provided than borrowed: Total Supplied 41.39M ($13.2M) Available 29.65M ($9.45M) Borrowed 11.74M ($3.74M) https://info.algofi.org/lend-info

Commented by /u/d13co in /r/algorand on July 4, 2022 19:15:59
/r/CryptoCurrency/comments/vr7q0o/solana_defi_protocol_crema_loses_88m_in_exploit/iev7vq9/

By the same reasoning, no computer system can be misused - functioning as the code allows, right?

Commented by /u/d13co in /r/CryptoCurrency on July 4, 2022 17:26:17
/r/CryptoCurrency/comments/vr7shh/celsius_network_takes_affirmative_action_to_stave/iev6rgg/

"Time to celebrate! You earned 🔥1.00 this week!"

Commented by /u/d13co in /r/CryptoCurrency on July 4, 2022 17:18:14
/r/algorand/comments/vr7aw4/algofi_or_folks_finance_for_governance/iev62kz/

On AlgoFi you can borrow algo against your vault ALGO, deposit it into vault, borrow more, etc up to ~2.9x of your initial amount We tried that in period 3 and had 2.18x profits vs straight Governance. We wrote it up here: https://d13.co/algofi-vault-reward-performance-for-governance-period-3/ Highly recommended as you are not exposed to liquidation risk - read the article for full details

Commented by /u/d13co in /r/algorand on July 4, 2022 17:13:09
/r/algofi/comments/vr3pv1/algofi_vault_reward_performance_vaultborrow_loop/iev2dq6/

>Not that I want prices to go down, but last cycle I took out a loan with Algo, then when prices tanked I bought up algo and paid off the loan, basically making it as if I bought that Algo 2 months back to lock into gov at the new lower price. Not exactly the same but the 2 loans that we presented were the only ones we didn't pay off - 4 others (at higher amounts) were gradually paid off entirely. These 2 were held for other people who did not DCA with us

Commented by /u/d13co in /r/algofi on July 4, 2022 16:46:42
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/iev18i9/

Yeah of course... There is absolutely no reason to doubt the technical or strategic competence of Algorand **inc**

Commented by /u/d13co in /r/algorand on July 4, 2022 16:38:26
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ieuuadf/

Hey at least it is inflating the supply at 282M ALGO per year. No wait - At least it is sabotaging DeFi by offering risk-free 8% APR. No wait - At least we are getting value out of... No -

Commented by /u/d13co in /r/algorand on July 4, 2022 15:48:17
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ieutrf6/

The network is already trustless Governance is about directing **Foundation** funds: business development and the like. xGov is happening so you will be able to direct this awful, ecosystem sabotaging rewards farce soon 👍 So far it has been a meta comedy about governance itself. 282M ALGO a year inflation for nothing plus sabotaging on chain activities like DeFi. Governance rewards bring 8% APR is a tragic handicap. Algorand **inc** which directs the actual chain does not, and should not, go through Governance to establish or validate their roadmap.

Commented by /u/d13co in /r/algorand on July 4, 2022 15:44:25
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ieurtoh/

Algorand inc is responsible for technical development vs the Foundation being oriented towards business dev/marketing/nursing the ecosystem. This is all inc related. The foundation has even better reasons but to advertise deals that are still in progress (NDA, giving competitor chains advantage, etc) Not sure I understand the question - they should have internal roadmaps indeed and these are the outcomes. BTW I don't have any insider knowledge at all - apologies if that was implied

Commented by /u/d13co in /r/algorand on July 4, 2022 15:30:22
/r/algofi/comments/vnotxw/i_wouldve_been_much_better_off_not_using_algofi/ieunyn3/

Here's how much profit we made: https://www.reddit.com/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop 2.18x straight governance

Commented by /u/d13co in /r/algofi on July 4, 2022 15:02:36
/r/algorand/comments/voywmh/how_was_the_algofi_vault/ieunscv/

Here's how vAlgo->algo->vAlgo loop worked out this season: https://www.reddit.com/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop 2.18x profit vs straight governance

Commented by /u/d13co in /r/algorand on July 4, 2022 15:01:20
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ieuezjv/

Slight nitpick: we calculated about 2.9% borrow apr after Aeneas rewards were factored in

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 13:58:44
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ieuens5/

"Now" we can see? Governance yielding 8% is the problem here. It isn't free money, it is inflation. 282 million Algo a year is given away for no good reason. It stifles DeFi by being risk free, it inflates everyone's Algo and the return on investment is... what? Slash it by 5x or fix it at 2% APR and then we'll be behind it 100%. Until then it is a massive problem.

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 13:56:24
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ieu93u6/

Interesting takes here (mostly) I'll add my 2c: A roadmap is a commitment to deliver something. This holds true no matter the wording, as our specie's attention span has been effectively shattered. Algorand inc needs the flexibility to reprioritize their work based on the needs of the ecosystem. A good example of this is the fabled TPS increase to 46K which was first announced/discussed in December 2021 (if memory serves.) "That's still not delivered!!11 what gives ya lazy bums‽" As it turns out, this _still_ isn't a priority for the near future, (unless you include cross-chain pissing contests). The max TPS right now is around 1150 tx/s The average tx/s over the past 7d is 11.1 tx/s _which includes governance reward payouts_ https://metrics.algorand.org/#/protocol/ That works out to average 0.97% utilization right now, which leaves a _lot_ of capacity for surges and growth. The performance increase has been discounted to 6K TPS and is rumoured to be released soon. So we didn't get the performance upgrade that we didn't really need - did we get anything else instead? Enter **state proofs**: - Literally pushing forward the state of the art in Blockchain tech and cryptography - Facilitating cross-chain bridging in a new way, which is exactly what Algorand needs (bridging in general) Algorand inc reprioritized their roadmap to deliver what is _actually_ needed and ignoramii on Twitter still complain (to the Foundation, hilariously) about wHeN 46K tPs. As a developer and a user I have faith in Algorand inc to continue delivering as they have. The core chain's technical capabilities have been ahead of the ecosystem needs every step of the way. I'm curious about their roadmap but it is more agile not to commit to one.

Commented by /u/d13co in /r/algorand on July 4, 2022 13:17:21
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ieu1j1k/

Yeah stuff like state proofs just happens spontaneously on a napkin during a lunch break and then someone shrugs and says "yeah whatever" and we ship it cause yolo

Commented by /u/d13co in /r/algorand on July 4, 2022 12:25:05
/r/algorand/comments/vr8zbv/why_algorand_has_no_clear_roadmap/ieu1bge/

No, we are not. The technical steering and direction isn't going through governance, thank the holy F. If you squint a little governance has thus far been meta about governance.

Commented by /u/d13co in /r/algorand on July 4, 2022 12:23:38
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ietz57v/

This is our understanding and position: > Borrowing Algo against your vaulted algo has two advantages: > - You can add the borrowed algo to the vault, thus increasing your collateral and ability to borrow more Algo. > - You are not exposed to liquidation danger due to price fluctuations between your collateral and borrow value, as they are the same picture price. > Your risk in this scheme is essentially confined to smart contract risk: AlgoFi vault contracts failing either catastrophically (entire vaulted amount lost) or partially (inability to vote and/or claim rewards). This was palatable to our risk tolerance considering AlgoFi's reputation and audits, so we tested it out on a few accounts. AlgoFi has multiple independent auditors look through their lending contracts (available on their github) and we (https://d13.co) have confidence in their backend and smart contracts (even if their frontend and UI can be a bit temperamental sometimes.) As far as smart contracts go, the vault one is essentially a proxy, so it is _fairly_ simple compared to, say, the Lending contracts or an AMM.

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 12:08:43
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ietx1sg/

Is it going to keep dropping through Period 4?

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 11:53:59
/r/algofi/comments/vr3pv1/algofi_vault_reward_performance_vaultborrow_loop/ietwzxe/

Not at all - both my collateral and my borrow were in ALGO If ALGO dropped 50%, my max borrow dropped from $1000 to $500 and my borrowed amount also dropped by 50% (say, from $900 to $450), so my utilization is exactly the same.

Commented by /u/d13co in /r/algofi on July 4, 2022 11:53:37
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ietwixa/

No worries! Simply put: if you ONLY borrow ALGO against your vALGO you'll be safe from liquidation (and you'll be able to re-borrow if you deposit your borrowed ALGO into the vault.)

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 11:50:16
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ietw5tx/

That's more of a gamble that the price will move in your favor though. If you **know** the price will drop then by all means borrow Algo and sell for USDC, then buy ALGO with your USDC later on at -30% (or whatever), repay and pocket the difference. If you **know** the price will rise, do the opposite. Personally we don't know shit about fuck. Looping ALGO against vALGO eliminates the ALGO/USD price out of the equation entirely and involves no guesswork.

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 11:47:44
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ietvr74/

Oh for sure vaulted algo was liquidated as well - it is all about what you choose to borrow. We like borrowing ALGO against vALGO because it eliminates liquidation risk and allows to loop up to almost 3x People who borrowed USDC or STBL, even conservatively, were likely liquidated when the bottom fell out of the market and their utilization crossed 100%.

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 11:44:49
/r/AlgorandOfficial/comments/vr3q4z/algofi_vault_reward_performance_vaultborrow_loop/ietv03z/

Tell me you didn't read the article without telling me you didn't read the article > Borrowing Algo against your vaulted algo has two advantages: > You are not exposed to liquidation danger due to price fluctuations between your collateral and borrow value, as they are the same price. The danger of liquidation is infinitesimal: your utilization increases **only** by accrued interest payments. For this to happen within 3 months, you'd need an APR of 40%+ ...and to sleep through the pandemonium that would happen on social media if the AlgoFi ALGO borrow APR reached that high.

Commented by /u/d13co in /r/AlgorandOfficial on July 4, 2022 11:39:31
/r/algofi/comments/vr3pv1/algofi_vault_reward_performance_vaultborrow_loop/ietuj0h/

Probably not, especially considering the higher risk of liquidation. For ALGO you can loop your borrow into your vault and re-borrow, leading to almost 3x your initial sum. To borrow a USD stablecoin you'd have to limit your borrow to at most 40-50% of your allowed borrow utilization to be reasonably safe. In the example of the article where we had 700 ALGO initially, the max borrow amount for today's ALGO price (0.315) would be 700 * 0.315 * 0.75 = $165.375 (0.75 is the collateral factor of Algo - you can borrow up to 90% of 75% of your ALGO value) If we borrowed $80 that would ~48.xx% utilization. The USDC/STBL APY varies but to simplify we'll call it ~16% and treat it as APR instead of APY (i.e. ignore compounding). Over a year the $80 would net $12.8, so per quarter that would be $3.2 The $80 loan would be ~4.18% effective APR (I split the difference between STBL and USDC borrow APRs and subtracted aeneas rewards) so it would cost $0.86, leaving you with $2.34 profit from your loan vs ~$5.17 worth of ALGO from the borrow-loop route (very rough calculation) So I'd say it isn't worth it as you have the liquidation headache and you can't loop the borrow into collateral and end up with almost 3x initial value.

Commented by /u/d13co in /r/algofi on July 4, 2022 11:36:08
/r/algofi/comments/vr3pv1/algofi_vault_reward_performance_vaultborrow_loop/iesyk09/

I vaulted Algo, which counts as collateral for borrowing Algo, which can be vaulted again to increase the collateral... Up to ~2.9x of initial sum.

Commented by /u/d13co in /r/algofi on July 4, 2022 06:48:09
/r/PeraWallet/comments/vq4s13/anyone_know_if_the_nfts_are_being_supported_if_we/iepzasu/

Probably not. You can't control your vault to opt in to the ASA.

Commented by /u/d13co in /r/PeraWallet on July 3, 2022 13:44:00
/r/CryptoCurrency/comments/vq9h8o/remember_radioshack_its_now_a_crypto_company_with/iepyvlq/

He is licensed to play with words Class B smithword to be precise

Commented by /u/d13co in /r/CryptoCurrency on July 3, 2022 13:40:59
/r/algorand/comments/vputle/governance_rewards_just_hit/iepyfnz/

2% for the period or (almost) 8% APR

Commented by /u/d13co in /r/algorand on July 3, 2022 13:37:49
/r/AlgorandOfficial/comments/vqegk8/algorand_revenue/iepibbc/

Oh no, the max ~1100 TPS is real The network is typically utilized to less than 1% of capacity There just isn't enough traffic/demand. Right now the 7D avg is 10.6 tx/sec and that includes gov rewards having been paid out yesterday: https://metrics.algorand.org/#/protocol/ There is plenty available capacity (99%) as it stands, which is why I personally don't mind the performance upgrades having been delayed - _especially_ considering that instead we got state proofs, that literally moved the state of the art forward and will hopefully facilitate bridging. Even wormhole v2 supporting Algorand will be great. Hoping the tail end of 2022 will bring lots of cross bridge traffic to Algorand. Once you try the UX of 5s finality it is hard to go back to wherever you came from.

Commented by /u/d13co in /r/AlgorandOfficial on July 3, 2022 11:45:29
/r/AlgorandOfficial/comments/vqegk8/algorand_revenue/iep2u7d/

Practically the average TPS is usually around 10.

Commented by /u/d13co in /r/AlgorandOfficial on July 3, 2022 09:49:03
/r/algofi/comments/vpmag2/usdc_to_algo_swap_not_showing_in_pera_wallet/iemahfw/

Pera doesn't display inner transactions - those that happen inside smart contract calls like a swap. This is "normal" for Pera.

Commented by /u/d13co in /r/algofi on July 2, 2022 16:39:42
/r/algorand/comments/uszyse/can_i_use_ledger_live_for_governance/ielilsw/

No, with rekeying you keep your existing Pera account and transfer the authorization permission to the ledger - no new account needed.

Commented by /u/d13co in /r/algorand on July 2, 2022 13:10:02
/r/AlgorandOfficial/comments/vphx9g/looking_to_join_up_to_governance_whats_the_best/iek7w6y/

Both seem legit. I'm on team AlgoFi, I liked their implementation better with the separate vault and controlling your vote. Rewards wise you can wait to see some analysis of ROI from each platform from users who tried them

Commented by /u/d13co in /r/AlgorandOfficial on July 2, 2022 06:09:48
/r/AlgorandOfficial/comments/vp6zuv/algofi_and_governance/iek7aw9/

FWIW their contracts have multiple 3rd party audits available on their github https://github.com/Algofiorg/algofi-audits

Commented by /u/d13co in /r/AlgorandOfficial on July 2, 2022 06:01:29
/r/algorand/comments/voywmh/how_was_the_algofi_vault/ieikval/

If Algo price goes up you'll be at a loss. Counterpoint: borrow Algo against vAlgo and loop it (add to vault, borrow more, etc). My initial Algo was 2.9x ed this way. All these geniuses had their magic 8 balls and knew that Algo price would drop but if, like me, you don't have one, you can multiply your gov Algo without being exposed to price risk.

Commented by /u/d13co in /r/algorand on July 1, 2022 19:35:36
/r/algorand/comments/vp7sqr/are_paid_yet_no_are_paid_yet_no_are_paid_yet_no/iei4mui/

🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS? 🦜REWARDS?

Commented by /u/d13co in /r/algorand on July 1, 2022 17:31:27
/r/D13/comments/vnku5f/coming_soon_on_algorand_dot_observer_realtime/iebsx9e/

We name a few potential use cases and possible monetization paths on our product description blog post (linked above). ---- Fraudulent (copycat) NFT detection DEX token pair price points real-time historical time aggregates (daily/weekly/monthly) platform-specific or chain-wide DEX liquidity events Arbitrage opportunities Liquidation Events Liquidation Opportunities We want to build delivery channels that work for our customers, so any of the following are possible: HTTP APIs Server-Sent Events (our favorite streaming option) Websocket APIs Webhooks Push notification services like Pushbullet Email Twitter bots Discord bots ---- So as an end user you'd be able to see some stuff that isn't normally surfaced like liquidations or as-they-happen DEX swaps across the entire ecosystem in one place. The DEX price data has some overlap with Vestige and we will differentiate by a) the real-time aspect and b) proving our data with sample transactions from the relevant rounds/blocks. As a developer or creator you'll be able to get reliable data feeds to build arbitrage bots, liquidation bots and so on.

Commented by /u/d13co in /r/D13 on June 30, 2022 11:15:02
/r/AlgorandOfficial/comments/vo064p/the_algorand_foundation_throwing_shade_at_others/iea6mwb/

I thought this was the grown-ups chain.

Commented by /u/d13co in /r/AlgorandOfficial on June 30, 2022 01:07:44
/r/CryptoCurrency/comments/vnmvir/as_solana_plans_own_blockchain_phone_what/iea5f0c/

Looking forward to reading how they have a 90 core CPU and find out that they are counting 86 battery cells in their calculations

Commented by /u/d13co in /r/CryptoCurrency on June 30, 2022 00:54:39
/r/algorand/comments/vnfx25/dilutionrewards/ie95tqf/

I'm rehashing much smarter people's opinions - Michel Dahdah of randlabs in this case. They talked about governance in this podcast episode on crypto with coop: https://podbay.fm/p/crypto-with-coop/e/1656090860 Well worth a listen

Commented by /u/d13co in /r/algorand on June 29, 2022 19:55:15
/r/algorand/comments/vnoka5/so_what_does_everyone_think_of_milkomeda_the/ie959ef/

>But I admit I'm pretty skeptical about Algorand needing an L2. Personally one of the reasons I love Algorand is because it has a fully capable L1. But this is supposed to be EVM compatible There's your answer. Whether EVM compatibility is a good thing is debatable.

Commented by /u/d13co in /r/algorand on June 29, 2022 19:50:54
/r/algorand/comments/vnfx25/dilutionrewards/ie94xb0/

>So governance rewards are essentially inflationary and dilutive. Finding a better use for governance Algos is imperative. Exactly. First off it inflates the Algo supply by Ⱥ280m Secondly the 8% APR at zero risk (fully non custodial) sabotages Algorand DeFi as they have a great zero-risk competitor. Governance rewards need to be slashed massively. This needs to go through governance. Governors won't vote it through. Yay 🎉

Commented by /u/d13co in /r/algorand on June 29, 2022 19:48:23
/r/algofi/comments/vnotxw/i_wouldve_been_much_better_off_not_using_algofi/ie94bee/

>Just looping vAlgo supply and borrow Algo earned me more Algo than I would have by just doing gov 👆👍

Commented by /u/d13co in /r/algofi on June 29, 2022 19:43:41
/r/CryptoCurrency/comments/vmjnep/crypto_influencer_adam_back_stands_by_100k/ie53kkt/

He certainly needs to work on his presentation to win over /u/catflap_boi approval on reddit

Commented by /u/d13co in /r/CryptoCurrency on June 28, 2022 23:14:01
/r/CryptoCurrency/comments/vmmd9t/i_never_realized_how_many_people_are_behind/ie51l5z/

Is it true that he has 25 people each bring him a single coffee bean?

Commented by /u/d13co in /r/CryptoCurrency on June 28, 2022 22:56:55
/r/AlgorandOfficial/comments/vmv21i/the_main_distinction_between_a_project_and_a/ie4nbke/

Firm believers in utility first, fundraising (including token mint) second. If you can afford it, do it this way.

Commented by /u/d13co in /r/AlgorandOfficial on June 28, 2022 21:00:17
/r/algofi/comments/vmfjfj/issues_with_claiming_rewards/ie4mxwd/

In your defense the Pera wallet is lacking severely in regards to displaying minimum balance

Commented by /u/d13co in /r/algofi on June 28, 2022 20:57:14
/r/CryptoCurrency/comments/vmihfp/taking_the_plunge_ledger_nano_x_or_ledger_nano_s/ie4f0zu/

I have an X and an S as a backup. The S can fit 2 "apps"/coins installed at a time. Very very restrictive. The S+ is better but **look at storage space, don't skimp on that** I still haven't maxed the X storage with 20 apps or so.

Commented by /u/d13co in /r/CryptoCurrency on June 28, 2022 19:54:30
/r/PeraWallet/comments/vmluvk/concerns_about_security/ie2iy0x/

>but it does not always ask for a password every time you open it. I believe that after locking your phone it will always ask. It will also lock after a period of app inactivity, so the concern here is that your phone got stolen a) unlocked and b) immediately after using Pera, so Pera was unlocked as well. I don't think it is a valid concern, at least for myself. It is a reasonable usability trade off, as you will need to switch between Pera and chrome frequently while doing your Algorand business. If you are worried about your account after losing your phone you can try rekeying your account to another, thus invalidating the previous private key/seed phrase

Commented by /u/d13co in /r/PeraWallet on June 28, 2022 12:07:15
/r/algorand/comments/vlgy8k/trading_bots/idxah5l/

Tangential but: 1) DEX arbitrage bots are your friends: they equalize the prices among DEX 🤖 2) How cool is it that there is no front running on Algorand

Commented by /u/d13co in /r/algorand on June 27, 2022 09:01:42
/r/CryptoCurrency/comments/vkpwah/i_want_to_reinvest_what_i_pulled_out_a_month_ago/idqrv9c/

Good animal, largely misunderstood.

Commented by /u/d13co in /r/CryptoCurrency on June 25, 2022 19:15:38
/r/CryptoCurrency/comments/vkl1ir/stop_what_youre_doing_now_and_buy_a_cold_wallet/idq7sn5/

Restore seed phrase from ledger 1 on ledger 2 Highly recommended

Commented by /u/d13co in /r/CryptoCurrency on June 25, 2022 16:35:10
/r/CryptoCurrency/comments/vke7hb/can_coinbase_be_hacked_like_the_others/idpqr8k/

>Was wondering after seeing so many block chains get hacked and having their crypto stolen by hackers if coinbase also can be hacked just the same ? It is the most popular blockchain 🤯

Commented by /u/d13co in /r/CryptoCurrency on June 25, 2022 14:23:27
/r/CryptoCurrency/comments/vk336j/til_there_are_500_registered_time_banks_in_the/idpqgbp/

I have an OTC deal with a company where I exchange 40 hours a week for fiat

Commented by /u/d13co in /r/CryptoCurrency on June 25, 2022 14:21:06
/r/algorand/comments/vjt8r1/gazillions_of_transactions_for_doing_one/idpnopn/

I can try again in English: Smart contract calls have limits on how many operations the smart contract can perform. For a single transaction it may be X. If you group 4 transactions together, 1 intense and 3 which are "dummy" and do nothing, the "intense" call/tx gets 4X the original limit - the execution quota is 4x and shared between the group. My objection with calling this a feature is that dummy transactions take up space on chain and in indexers without good reason - the execution quota could scale by transaction fee instead (up to a point, to protect the network)

Commented by /u/d13co in /r/algorand on June 25, 2022 13:59:52
/r/algorand/comments/vjt8r1/gazillions_of_transactions_for_doing_one/idmozto/

I don't think it can be classified as a feature - it is a hardcoded limitation of execution time/complexity per transaction, when it could easily have been calculated by tx fee instead. Pay up to 16x for a single call and get 16x the execution cap you need - limit to 16x to match atomic tx limit number, so same effective execution cap overall -> no extra DDOS hazard. Same exposure. I love most of the Algorand tech but calling this inflexibility a feature is a stretch. Think of how many 15x pairs of "dummy txn" are taking up space in archival nodes and indexers just to get around the execution cap. It's just something they haven't gotten to yet.

Commented by /u/d13co in /r/algorand on June 24, 2022 20:27:46
/r/CryptoCurrency/comments/vja9fw/faketoshi_jurgen_debo_is_a_wannabe_craig_wright/idkla4v/

Looks like they are either dead or extremely committed to appearing so

Commented by /u/d13co in /r/CryptoCurrency on June 24, 2022 11:48:21
/r/AlgorandOfficial/comments/vjk0xr/pact_fi_is_thrilled_to_launch_the_first_native/idjzzi8/

Common meme especially on Twitter. AFAIK all dex swapping works - AlgoFi *lend* doesn't

Commented by /u/d13co in /r/AlgorandOfficial on June 24, 2022 09:20:48
/r/CryptoCurrency/comments/vja9fw/faketoshi_jurgen_debo_is_a_wannabe_craig_wright/idjzt4x/

Yeah that's just the encryption part - Bitcoin is a tad more than that

Commented by /u/d13co in /r/CryptoCurrency on June 24, 2022 09:19:24
/r/algorand/comments/vj4je2/how_ot_make_an_asset_rug_pull_proof/idjzi00/

> Tax' on sales, eg whatever amount you sell 5% is moved to a wallet - everyone who has held the coin for that month receives a 'dividend' from that wallet for holding? 99.99% certain that this is not possible on Algorand

Commented by /u/d13co in /r/algorand on June 24, 2022 09:16:53
/r/CryptoCurrency/comments/vjjs1a/lto_network_currently_has_17_20_apy_mainnet/idjm5yk/

What are the tokenomics like? I assume inflationary af given this base reward APY. Always take inflation into account.

Commented by /u/d13co in /r/CryptoCurrency on June 24, 2022 07:03:37
/r/CryptoCurrency/comments/vje1la/get_a_hardware_wallet/idjes8m/

Same for AVAX but it's honestly fine

Commented by /u/d13co in /r/CryptoCurrency on June 24, 2022 05:20:45
/r/CryptoCurrency/comments/vje1la/get_a_hardware_wallet/idjeoj4/

Facts Source: staked on Ledger using ADALite

Commented by /u/d13co in /r/CryptoCurrency on June 24, 2022 05:19:17
/r/algorand/comments/vj7xvq/usdc_irl_payment/idhl02n/

Doesn't support USDCa afaik

Commented by /u/d13co in /r/algorand on June 23, 2022 18:27:47
/r/algorand/comments/viiill/whats_the_info_on_humble_and_how_much_algo_to/iddtfwi/

Out of curiosity, have you read how STBL works?

Commented by /u/d13co in /r/algorand on June 22, 2022 22:31:33
/r/AlgorandOfficial/comments/vi6bpq/probably_a_dumb_question/iddrlkj/

> Consensus is based on nodes, not the amount of Algorand you hold Participating (in consensus) nodes have to stake Algo. Their odds of winning a cryptographic lottery that will let them propose a block (or verify it) is proportional to the stake. Relay nodes indeed can't affect outcome, only performance. > I believe the long term goal is to encourage businesses to run Algorand relay nodes as a part of their Point of Sale I don't think this is accurate but they are indeed opening up relay operators. What I am talking about are the non-relay, consensus participating nodes. My understanding is that if 33% of them (by Algo staked) behave maliciously in a coordinated fashion, they can produce blocks with unauthorized transactions. The metrics dashboard that displays consensus-participating stake is down for me right now so I can't find the exact value but if we say it is 1 billion Ⱥ, then a malicious actor spending about 500 million Ⱥ / $160m can stake that, participate malicoously and subvert the network's integrity. Algorand would not survive that reputation hit. The token price affects how expensive such an attack would be, as does the sum of consensus-participating Algo. Rewarding consensus participation would lead to more users adding their algo in that "pool".

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 22:16:29
/r/AlgorandOfficial/comments/vi2zbp/humble_beginners_guide/idcow9v/

No, it is the correct calculation at the time based on how many will share it. When 2 "people" would share it -> 180% When 20 -> 110% 200 -> X% And so on APY is a yearly representation. The rewards last 2 months anyway.

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 17:14:39
/r/AlgorandOfficial/comments/vi394j/what_happens_if_you_create_a_myalgo_wallet/idcfnrn/

Seed is an encoding of your private key, which generates your public key, which is encoded into your address. Private key controls the funds, public key can be used to verify that the correct private key authorized

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 16:09:03
/r/AlgorandOfficial/comments/vi6bpq/probably_a_dumb_question/idcfdul/

PPoS doesn't have anything to do with the decision not to reward consensus participation. Maybe indirectly due to low hardware requirements. Personally I believe not incentivising participation is a mistake. Make it 1-2% APR if you must and include slashing but it would secure the network further to have more algo locked in consensus. The threshold of malicious consensus participants before shit goes wrong is 33%. With Algo at $0.3 this is actually somewhat affordable to deep pockets ⚠️

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 16:07:04
/r/AlgorandOfficial/comments/vi2zbp/humble_beginners_guide/idcewpr/

Likely to drop significantly as more people enter. Yesterday the pools launched with insane triple digit APY as there was almost no liquidity to share in those rewards.

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 16:03:37
/r/AlgorandOfficial/comments/vi2zbp/humble_beginners_guide/idceg8n/

This is wrong twice, ending up being correct like two 180° turns. Anchor had 19.5% APY via ecosystem rewards. This is also possible via ecosystem rewards. The incorrectness comes in assuming that the anchor APY was a Ponzi - that's a different thing which doesn't fit the definition - and that high APR rewards in the short term _must_ be a scam. This money is coming from the foundation via the Aeneas program and will last 2 months. Ecosystem rewards/subsidies etc are extremely common in companies that want to build network effects, eg Uber in the beginning. Also the 70% won't remain so high when more liquidity gets in the pools and the $2M spreads out. Last night it was over 130%.

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 16:00:24
/r/AlgorandOfficial/comments/vi2zbp/humble_beginners_guide/idccr2q/

The [pigs](https://twitter.com/d13_co/status/1538008119728435200?t=LZvCZBdZf7vIBSwEawI2wg&s=19) for sure

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 15:48:10
/r/CryptoCurrency/comments/vhse31/how_many_of_you_think_crypto_is_a_semi_ponzi/ida78fe/

Get outta here with your terms that mean things 🦜 Ponzi? 🦜🦜 Ponzi ponzi 🦜🦜🦜Ponzi ponzi ponzi

Commented by /u/d13co in /r/CryptoCurrency on June 22, 2022 04:43:27
/r/CryptoCurrency/comments/vhse31/how_many_of_you_think_crypto_is_a_semi_ponzi/ida734e/

This used to annoy me to no end but I'm at the acceptance stage of grief. Ponzi has come to mean anything from "scam" to "I don't like/understand it" because words have lost their meaning as we regress to the least common denominator. It joined other favourite words of mine like crypto{graphy} and hacker. At worst cryptoCURRENCIES are a greater-fool scheme, not a ponzi

Commented by /u/d13co in /r/CryptoCurrency on June 22, 2022 04:41:17
/r/algorand/comments/vgcv4m/technological_longevity/ida6rgh/

Looking forward to reading your ARC proposal

Commented by /u/d13co in /r/algorand on June 22, 2022 04:36:39
/r/AlgorandOfficial/comments/vhnc5h/when_will_the_tps_upgrade_occur/ida6pu5/

According to [this dude](https://www.reddit.com/r/algorand/comments/vgcv4m/technological_longevity/id8x8df) we need like A mIlLiOn TpS for VCs to come No need for implementation details or consideration about scaling that reliably, let alone affordably, or any actual use case for that. His genius is constrained by us idiots. I am looking forward to reading his ARC proposal

Commented by /u/d13co in /r/AlgorandOfficial on June 22, 2022 04:36:00
/r/algorand/comments/vgcv4m/technological_longevity/id8zn26/

I understand, just disagree. Come up with a use case for 1M TPS and I'll indulge you Also tell me if you want oracle or postgres as the backend Maybe Cassandra? Probably not mongo DB. How many TB of RAM should the 4 consensus nodes have? I hadn't downvoted you, but I certainly did now.

Commented by /u/d13co in /r/algorand on June 21, 2022 20:59:01
/r/algorand/comments/vgcv4m/technological_longevity/id8xlxp/

> No, they wouldn't. They would follow the money and network effects, as they are doing now

Commented by /u/d13co in /r/algorand on June 21, 2022 20:42:08
/r/CryptoCurrency/comments/vhan93/cardano_delays_vasil_hardfork_due_to_pending_bug/id8ws4c/

Because it is severely limited and slow?

Commented by /u/d13co in /r/CryptoCurrency on June 21, 2022 20:35:17
/r/CryptoCurrency/comments/vhan93/cardano_delays_vasil_hardfork_due_to_pending_bug/id8wa96/

- ALGO fan: With 4.5s finality I have so much free time for activities that I've taken to writing letters again. How's the family? Give Bertha my love. I got little Shellie an NFT, I hope she likes it. All is well here, building bridges mostly. Looking forward to your letters as always. Cordially, Ⱥbraham.

Commented by /u/d13co in /r/CryptoCurrency on June 21, 2022 20:31:15
/r/AlgorandOfficial/comments/vhnc5h/when_will_the_tps_upgrade_occur/id8vk2j/

I was just [ranting](https://www.reddit.com/r/algorand/comments/vgcv4m/z/id8uphz) about how necessary^/s that is, you may want to take a look

Commented by /u/d13co in /r/AlgorandOfficial on June 21, 2022 20:25:13
/r/algorand/comments/vgcv4m/technological_longevity/id8vbr3/

Likely not faster (even discounting consensus messages (🤡🤡🤡)) but as my rant above says, it is as fast as it needs to be, and _certainly_ more reliable. We recently analyzed the timestamp of every single block between zero and 21.5M Max time between blocks? # 26 seconds. We need to publish that actually

Commented by /u/d13co in /r/algorand on June 21, 2022 20:23:18
/r/algorand/comments/vgcv4m/technological_longevity/id8uphz/

>If algorand could do 1,000,000 tps, a16z and other VCs won't be investing in solana or avax or even ethereum. No, they wouldn't. They would follow the money and network effects, as they are doing now. Algorand is currently as fast as it needs to be. With 2.5s finality coming soon it will be _faster_ than it needs to be. The max TPS _right now_ could be 1M TPS and it wouldn't make a difference because the demand side isn't there. Check average TPS to see just how much capacity there is! The 46K TPS was delayed and the 10K TPS upgrade was also semi-delayed and downgraded to 6K TPS and I don't really care because i t d o e s n o t m a t t e r (right now) Imho what matters right now is bridging, bridging, bridging. Bridges to Bitcoin, Ethereum, Solana and everywhere else are going to unlock liquidity from other chains. There's your metaverse. Atmo Algorand is in the basement accessible only via elevators called bitfinex (eg usdt) and other cex. Our most used stablecoin - USDC(a) - isn't portable outside of our ecosystem and that's a tragedy. So grants to bridge builders + state proofs + wormhole v2 supporting Algo seems to be a focus right now and I believe it's the right call. 6K max TPS will be nice to win a pissing contest with Cardano I suppose but given current traffic patterns, that's all the good it will do right now. All that said, I'm bullish on Algorand actually getting wrt other chains during this bear market and hopefully exiting it closer to top 10 by MC.

Commented by /u/d13co in /r/algorand on June 21, 2022 20:18:14
/r/algorand/comments/vgcv4m/technological_longevity/id8t1cd/

Fair Most of the progress we've made since the 80s (or even 70s) has essentially been iterative "pack em denser, pack more of em" miniaturization counting on transistor density to hold up Moore's law. I can't think of a physical innovation like transistors or the microprocessor that has happened in this millennium. We are now at a level where we can't pack em denser as at 5nm "we" are starting to feel quantum effects getting in the way of CPUs functioning properly. A functional, stable quantum computer with a non trivial number of qubits likely needs several physical and technological breakthroughs on a higher order then the transistor or microprocessor. True that you don't know when breakthroughs are going to happen but I'm not holding my breath for quantum computing in the 2030s PS normal Algo account keys are not post quantum secure sorry xoxo

Commented by /u/d13co in /r/algorand on June 21, 2022 20:04:30
/r/algorand/comments/vgcv4m/technological_longevity/id8rfvc/

40-70 years?

Commented by /u/d13co in /r/algorand on June 21, 2022 19:51:29
/r/algorand/comments/vgcv4m/technological_longevity/id8qo2j/

A better question may be if disk space will become cheap enough, fast enough to make running archival nodes affordable MainNet is approaching 1TB after 3 years Btc is <400GB still

Commented by /u/d13co in /r/algorand on June 21, 2022 19:45:16
/r/algorand/comments/vgcv4m/technological_longevity/id8qgbt/

Tangential but since you mentioned in your edit: It is 99.99% certain that proper Quantum computing is multiple decades away from happening

Commented by /u/d13co in /r/algorand on June 21, 2022 19:43:34
/r/algorand/comments/vgpr3x/why_algorand_needs_an_official_roadmap/id8g519/

Isn't London bridge the Ethereum bridge? I thought the EVM sidechain was called something else.

Commented by /u/d13co in /r/algorand on June 21, 2022 18:21:53
/r/algorand/comments/vfuons/algorand_weekly_discussion_june_19_2022/id8fcwd/

Also it doesn't actually lock up your crypto, you are free to move it if you don't mind losing out on your vote counting and the rewards. Funds stay in your wallet

Commented by /u/d13co in /r/algorand on June 21, 2022 18:15:54
/r/algorand/comments/vfuons/algorand_weekly_discussion_june_19_2022/id8f856/

No, I don't think "staking" is the right term for governance, though it is sometimes used. Staking usually refers to rewards for securing the consensus mechanism, but in algo this isn't rewarded. Participation?

Commented by /u/d13co in /r/algorand on June 21, 2022 18:14:54
/r/algorand/comments/vhfjud/pera_wallet_and_tinyman/id8eqsw/

Humble swap is another dex that just relaunched. Their APRs right now are sky high as few people have opted in yet. Could be worth a look

Commented by /u/d13co in /r/algorand on June 21, 2022 18:11:11
/r/algorand/comments/vhfjud/pera_wallet_and_tinyman/id80sbu/

I would recommend NOT swapping your Algo for any ASA You MAY hit the jackpot and luck into an ASA that will outperform Algo but the odds are overwhelmingly against you Your best option is to lend out your Algo for now until Governance registration reopens. Lend out your Algo on app.algofi.org ~ 2.3% APR Governance this time will likely be around ~8% APR, next time it may be less. Another option would be providing liquidity on tinyman. You do this by giving 50/50 Algo and some other token. In this case you need to familiarize yourself with impermanent loss (Google DeFi impermanent loss)

Commented by /u/d13co in /r/algorand on June 21, 2022 16:25:57
/r/AlgorandOfficial/comments/vh71u6/pera_wallet_unresponsive_not_loading_for_me/id7hltw/

Pera's DNS server, as well as the servers at api.perawallet.app which feed the app, are indeed behind cloudflare. The outage was a bit less than 90 minutes Being behind cloudflare is likely the best option for: DDOS resistance, global edge cloud for performance (servers near you even in Australia) and high availability. Once in a blue moon, shit will break. They are usually as responsive as they were today and fully transparent in their postmortems. Details: https://blog.cloudflare.com/cloudflare-outage-on-june-21-2022/

Commented by /u/d13co in /r/AlgorandOfficial on June 21, 2022 13:57:00
/r/AlgorandOfficial/comments/vh71u6/pera_wallet_unresponsive_not_loading_for_me/id7gwgj/

It was far more serious than that: https://blog.cloudflare.com/cloudflare-outage-on-june-21-2022/

Commented by /u/d13co in /r/AlgorandOfficial on June 21, 2022 13:51:40
/r/AlgorandOfficial/comments/vh71u6/pera_wallet_unresponsive_not_loading_for_me/id7grbw/

>man, it just seems like an inherent flaw with crypto if you can't do anything with it when Cloudflare or AWS goes down. I would think blockchain beacons could still somehow communicate with your wallet so you could still move stuff. Your claim would have way more credence if Pera were the only wallet available, or if the outage was more than it was (90'). You could use myAlgo. Pera communicates with api.perawallet.app exclusively at the moment. "Blockchain beacons" don't have all the info that Pera servers feed the Pera app. >honestly pretty concerning from a security perspective with how many services actually don't have backups or alternative routes if stuff breaks or goes down. It is the least concerning aspect of security that ONE wallet stopped working for 90 mins because of a massive global outage of one of the most stable providers. > because if all you have to do is DDOS that, well I'm sure there's enough power to do so. Cloudflare is actually one of the best options to mitigate DDOS. You can't DDOS cloudflare. >I think this is the second major outage that has happend? first was when an AWS server was offline or something which was a bit slightly more understandable.... Yeah shit happens. Pera is already deployed in a High Availability setup and cloudflare is an excellent choice for this. If they were deployed to a hamster server in someone's closet it would be a different tune. If you didn't have the myAlgo route as a backup: different tune.

Commented by /u/d13co in /r/AlgorandOfficial on June 21, 2022 13:50:37
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/id4564x/

>The only way to do it now is a hack : we create a fake app to be deleted when the smart signature is used (app delete transaction in same group) so that the smart sig can be used at most once because we can only remove an app once. Clever!

Commented by /u/d13co in /r/algorand on June 20, 2022 18:44:33
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/id4530p/

The gap between max lifetime of signed tx being 1000 rounds and infinite lifetime smart sigs must be bridged...

Commented by /u/d13co in /r/algorand on June 20, 2022 18:43:52
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/id2fg9q/

Smart signatures have the potential to be _great_ as they are a more granular authorization pattern for spending than exists on most other chains, like, say, Ethereum: On Ethereum you give auth to a contract on the level of "Spend my ETH" or "Spend my stETH" - How much? All of it. To whom? To anyone. How? whatever. That's a huge auth step to give, and under such a model you are best served by creating a new wallet just for this kind of transaction. If you have 30 ETH and you want to create a limit order on 1inch for 0.5 ETH->stETH it is unthinkable to give access to 60x more funds than necessary to 1inch. Smart signatures, on the other hand, have effectively full control over _what_ to authorize. If we implemented a liquidation prevention service, we could create a smart signature that allows us to do a few very specific types of transactions on your behalf - e.g. 1) withdraw from the STBL/USDC farm 2) redeem STBL/USDC tokens and 3) repay USDC+STBL loans This is great because we couldn't do anything else on your behalf even if we wanted to HOWEVER, as you are hinting, a big problem is user experience here. With smart signatures essentially being smart contracts, getting a user to understand what they are authorizing is _hard_. A potential solution to this - and smart contract calls in general - is creating signatures for application calls/group transactions/smart signatures. Any mutable fields (like the exact amounts) would be ignored so every AlgoFi lend deposit transaction group would have the same sig, that could then be validated/communuicated to Pera/users as the expected signature for AlgoFi Lend Deposit and a check ✅ and a human friendly name `ALGOFI LEND DEPOSIT USDC` could be displayed next to a hash like `HSE34JX2`. Likewise for Smart Signatures, we could create our liquidation prevention signature, get it validated by community developers as a legit smart sig that protects users by giving us the least possible permissions to do our work, and then validate that the canonical hash to this is legit, so users would know that if they sign a `ASDJFMJG44` smart sig, they are authorizing just points 1-2-3 above and it can't be abused to steal your NFTs or whatever else. If we find time for this we will formalize it into an ARC proposal

Commented by /u/d13co in /r/algorand on June 20, 2022 11:13:39
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/id2dpbe/

> "Nothing is impossible" OK sure. Specifically here we are talking about a zero-day exploit of Pera via WalletConnect. This is nation-state adversary level stuff. If you're worried about that: get a Ledger. Disconnect existing sessions is essentially a superstition. If your WalletConnect peer had such an exploit they would send it when your session opened. No need to wait for you to go to sleep if they can silently get Pera to auth transactions for you.

Commented by /u/d13co in /r/algorand on June 20, 2022 11:00:37
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/id23m2j/

I thought only myAlgo supports smart sigs - does Pera support them?

Commented by /u/d13co in /r/algorand on June 20, 2022 09:40:27
/r/AlgorandOfficial/comments/vfxdsf/celebrating_3_years_of_algorand_mainnet/iczasdb/

Happy 3 years and 8 days since genesis block!

Commented by /u/d13co in /r/AlgorandOfficial on June 19, 2022 16:01:34
/r/algorand/comments/vfxe9b/celebrating_3_years_of_algorand_mainnet/iczapfl/

Happy 3 years and 8 days since genesis block everyone

Commented by /u/d13co in /r/algorand on June 19, 2022 16:00:57
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/iczae2o/

No worries MyAlgo is far more advanced and supports more types but as far as I know every transaction needs to be approved¹. "Disconnect all sessions" does nothing from a security perspective, on Algorand it is essentially a superstition. The only meaningful response to suspected mnemonic phrase leak is rekeying your account. ¹ Smart signatures excluded as mentioned above.

Commented by /u/d13co in /r/algorand on June 19, 2022 15:58:35
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/icz6ri4/

>Having a session enabled (opted-in) does give smart contracts some permissions, at least to my understanding. This isn't the case on Algorand. The closest thing (Smart signatures) isn't supported by Pera and also isn't revoked by walletConnect disconnections. The pera WalletConnect implementation supports exactly one command: "algo_signTxn" [Here it is in the code](https://github.com/perawallet/pera-wallet/blob/2e737e82552d554f885c21da902400a178df58b6/ios/Classes/Utils/WalletConnect/WalletConnector.swift#L227)

Commented by /u/d13co in /r/algorand on June 19, 2022 15:31:04
/r/algorand/comments/vfxz5z/should_i_be_disconnecting_old_walletconnect/icym9w0/

No, there isn't. Nothing like that has been documented or even reported afaik. You should still disconnect for performance reasons. https://www.reddit.com/r/PeraWallet/comments/v8s4ie/important_psa_disconnect_your_wallet_sessions_for

Commented by /u/d13co in /r/algorand on June 19, 2022 12:52:59
/r/algorand/comments/vfv4w3/yes_lets_put_everything_on_the_line_to_go_all_in/icylz2k/

Algorand contracts can be rewritten as well. They can be configured to be immutable or not.

Commented by /u/d13co in /r/algorand on June 19, 2022 12:50:39
/r/algorand/comments/vf47wl/algorand_carving_a_niche_in_sports/icu1dby/

Get in nerds, we're going sports

Commented by /u/d13co in /r/algorand on June 18, 2022 10:14:07
/r/algofi/comments/vemdph/if_i_lend_usdc_am_i_earning_interest_in_usdc_or/icu1ax6/

Just checked the APRs and you're both right - about 2.5% each for APR and aeneas

Commented by /u/d13co in /r/algofi on June 18, 2022 10:13:31
/r/PeraWallet/comments/vey5ik/maybe_its_time_to_remove_this/ictohqq/

The pera discord has an #app-requests channel that takes feature requests

Commented by /u/d13co in /r/PeraWallet on June 18, 2022 08:06:07
/r/CryptoCurrency/comments/veqcbb/we_need_more_regulation_this_is_nuts/ict6dzs/

Almost like 5M subs can be divided in opinion

Commented by /u/d13co in /r/CryptoCurrency on June 18, 2022 03:45:08
/r/algorand/comments/vcahud/whats_everyones_thoughts_on_humble/icex2yy/

The reason v1 shut down The defly team spotted a vulnerability in their contracts and notified them. They in turn asked everyone to pull liquidity and a minor disaster was averted. No exploitation actually occurred, which is a win The write up is fascinating if you're info the technical side of things https://defly.substack.com/p/finding-bugs?s=r

Commented by /u/d13co in /r/algorand on June 14, 2022 23:39:26
/r/CryptoCurrency/comments/vc1joc/whats_with_the_sudden_influx_of_cardano_shilling/iceqit7/

ETA used curve yesterday, took me an hour to finish deposit into pool and $120+ fees # Ⱥ

Commented by /u/d13co in /r/CryptoCurrency on June 14, 2022 22:41:50
/r/CryptoCurrency/comments/vc1joc/whats_with_the_sudden_influx_of_cardano_shilling/iceqdb7/

Them and us Algonuts Belief is a wonderful drug and the UX of 4s finality and sub cent fees is just... 🍆

Commented by /u/d13co in /r/CryptoCurrency on June 14, 2022 22:40:36
/r/PeraWallet/comments/vc9sx4/pera_wallet_ledger_and_smart_contracts/ice847r/

No problem From AlgoFi FAQ: https://docs.algofi.org/algofi-lending/faqs Ledger is supported on the Algofi DEX + NanoSwap

Commented by /u/d13co in /r/PeraWallet on June 14, 2022 20:08:40
/r/algorand/comments/vcgjg2/why_are_people_so_crazy_for_algorand/ice7f7m/

>zero knowledge proofs i.e. pure proof of stake I don't think PPOS uses ZK but it is used in crypto generally - usually for L2s

Commented by /u/d13co in /r/algorand on June 14, 2022 20:03:00
/r/PeraWallet/comments/vc9sx4/pera_wallet_ledger_and_smart_contracts/ice73rg/

This is largely untrue - _some_ complicated smart contracts like AlgoFi lend aren't supported I believe tinyman/AlgoFi swap are supported

Commented by /u/d13co in /r/PeraWallet on June 14, 2022 20:00:26
/r/algorand/comments/vbvd9l/send_usdt_from_pera_wallet_to_binance/ice6jm4/

Just saw this today but no idea about using it with cex https://www.reddit.com/r/AlgorandOfficial/comments/vcbc81/ethereum_usdt_usdc_are_now_transferable_to_native

Commented by /u/d13co in /r/algorand on June 14, 2022 19:55:53
/r/CelsiusNetwork/comments/vc10p8/celsius_coerces_more_deposits_for_loan_interest/icbgncg/

There's no story here Binance paused btc withdrawals for 30m - _that's_ a story

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 07:42:55
/r/algorand/comments/vbvd9l/send_usdt_from_pera_wallet_to_binance/icbcx0q/

We all love to hate bitfinex but it's a zero fee usdt bridge from anywhere to anywhere Edit: incorrect, my bad. Eth and Omni have withdrawal fees USDt (ETH) 1.3842 USE USDt (Omni) 5 USO Still likely the cheapest route if you're transferring enough

Commented by /u/d13co in /r/algorand on June 14, 2022 06:59:23
/r/CryptoCurrency/comments/vble85/bitcoins_fundamentals_have_changed/icbcpoo/

The fundamentals are the axioms, not (y)our interpretations of market movements or expectations of lambo: the cryptography, the consensus, the mechanism. Proof of work can't make the candles green. Fundamentally it is decentralized money that is very very hard to confiscate and that's still the case Its price isn't magically protected by satoshi's ghost

Commented by /u/d13co in /r/CryptoCurrency on June 14, 2022 06:56:50
/r/CelsiusNetwork/comments/vbyzc5/despite_all_the_fud_and_recent_events_i_just/icbcd8m/

_of course_ I understand why it is happening: they need the money. The situation is not subjectively described here: - They are at risk of losing our money - while holding it hostage - while not accepting it for interest due - thus forcing more money into this situation - silently, without any communication But do tell me more about how I'm misunderstanding "why"

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:52:26
/r/CelsiusNetwork/comments/vbyzc5/despite_all_the_fud_and_recent_events_i_just/icbbkpq/

1) You don't know me 2) I would be right to "cry" if they lost my money 3) "they let deposit open" is not the same as "they force deposits for users who already have currencies that they decided not to accept without announcement" 4) you are absurd not to see the issue here

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:42:16
/r/CelsiusNetwork/comments/vbyzc5/despite_all_the_fud_and_recent_events_i_just/icbaxa7/

You didn't address that at all It is *very* concerning to both stop withdrawals and demand new deposits

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:33:43
/r/CelsiusNetwork/comments/vbeynu/last_hope/icbasj2/

I wonder if I can use NEXO on Nexo. Because I can't use CEL on Celsius: https://twitter.com/d13_co/status/1536610409922314240

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:31:54
/r/CelsiusNetwork/comments/vbqfff/latest_tweet_from_celsius_nothing_addressing_the/icbapf8/

I'm spamming this everywhere until someone gives a fuck https://twitter.com/d13_co/status/1536610409922314240? Only BTC ETH & USD accepted as interest payments on celsius loans now.

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:30:43
/r/CelsiusNetwork/comments/vbv12i/we_all_need_to_buy_btc_to_try_to_save_our_money/icbakor/

Save it to pay your celsius loan as you can't use CEL for that now. Or AVAX. Or LINK. Or ADA. BTC, ETH, USD or GTFO: https://twitter.com/d13_co/status/1536610409922314240?t=jAsJ6suCs95sXiisGv8nhg&s=19

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:28:56
/r/CelsiusNetwork/comments/vbtvzo/some_rational_thoughts_thoughts_about_the/icbagyx/

A new thing we learned: They stopped accepting THEIR OWN COIN ON THEIR OWN PLATFORM AS INTEREST PAYMENT FOR LOANS TO SQUEEZE SOME USD OUT OF ANYONE UNLUCKY ENOUGH TO HAVE BORROWED FROM THEM https://twitter.com/d13_co/status/1536610409922314240?t=jAsJ6suCs95sXiisGv8nhg&s=19 but for sure let's calm down all, just transfer some BTC in there, it's all good

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:27:33
/r/CelsiusNetwork/comments/vbyzc5/despite_all_the_fud_and_recent_events_i_just/icb9qnv/

Did you read that they're forcing borrowers to use btc/eth/usd ONLY to repay interest in their own platform? # They aren't accepting CEL # Their own coin # On their own platform

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:17:34
/r/CryptoCurrency/comments/vb66oc/megathread_celsius_halts_withdrawals/icb9gzx/

Grand, I'm making room on my mantle for the Pulitzer (I'm a tiny bit annoyed) ETA: I'm sure there's room for another WeLcOmE tO bEaR mArKeT post though

Commented by /u/d13co in /r/CryptoCurrency on June 14, 2022 06:13:48
/r/CelsiusNetwork/comments/vbyzc5/despite_all_the_fud_and_recent_events_i_just/icb995n/

On the one hand the news is saying they're adding collateral to loans and lowering margin call limit On the other I'm now forced to deposit more to pay my interest because they aren't accepting THEIR OWN COIN as interest payment https://twitter.com/d13_co/status/1536610409922314240?t=jAsJ6suCs95sXiisGv8nhg&s=19

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:10:41
/r/CelsiusNetwork/comments/vbyzc5/despite_all_the_fud_and_recent_events_i_just/icb92d1/

Here's something you can't use them for: https://twitter.com/d13_co/status/1536610409922314240?t=jAsJ6suCs95sXiisGv8nhg&s=19 Bullish or bullshit?

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:08:01
/r/CelsiusNetwork/comments/vbticp/your_money_is_likely_not_gone_here_is_why/icb913e/

NOT gone? What about what's NOT usable for interest payments right now? Everything but BTC, ETH and stables. Were you planning on using CEL to pay off your loan like you were for months? Lol https://twitter.com/d13_co/status/1536610409922314240 NOT announced NOT communicated NOT discussed anywhere

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 06:07:32
/r/CryptoCurrency/comments/vb66oc/megathread_celsius_halts_withdrawals/icb7724/

⚠️ **New development: Celsius disables loan interest payment currencies except BTC, ETH & USD stablecoins** Borrowers on Celsius can now only pay interest with BTC, ETH or USD stablecoins. Interest payments with other cryptocurrencies, including native CEL, seem to be disabled without any announcement. Automatic interest payments with any other cryptocurrencies are now set to manual and users are called to use BTC, ETH or USD - or deposit if they don't have enough balance, which is likely key here. This is just squeezing users further and silently: there has been no announcement about this - or any discussion so far - at all. I have tried tweeting this, posting as a post on r/cc (removed - "there's a megathread alreadyy") but nobody seems to care about this development, so posting in a sea of 2K comments will surely do the trick. Screenshot on Twitter - can't be bothered with a 5th upload. https://twitter.com/d13_co/status/1536610409922314240

Commented by /u/d13co in /r/CryptoCurrency on June 14, 2022 05:40:48
/r/CryptoCurrency/comments/vbzhsw/celsius_disables_loan_interest_payment_currencies/icb6pxw/

They didn't disable them - on the contrary, they are forcing users to deposit BTC/ETH/USD

Commented by /u/d13co in /r/CryptoCurrency on June 14, 2022 05:33:49
/r/CelsiusNetwork/comments/vbxpcm/interest_payment_options_are_now_only_btc_eth_and/icaz55i/

Retweet: https://twitter.com/d13_co/status/1536610409922314240?t=lhBT4Yx2dz8MnX-A53DgZg&s=19

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 03:38:36
/r/CelsiusNetwork/comments/vbwpd2/troubling_indicator_cel_disabled_as_interest/icaz35t/

It is also underhanded as it screws over anyone who was relying on other crypto for interest payments into depositing stables

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 03:37:47
/r/CelsiusNetwork/comments/vbxpcm/interest_payment_options_are_now_only_btc_eth_and/icaxgi5/

Initially discovered CEL is no longer accepted and posted about it here https://www.reddit.com/r/CelsiusNetwork/comments/vbwpd2/troubling_indicator_cel_disabled_as_interest/?utm_medium=android_app&utm_source=share Then looked again and no crypto aside from the two big ones seem to be accepted.

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 03:14:07
/r/CelsiusNetwork/comments/vbwpd2/troubling_indicator_cel_disabled_as_interest/icaxcjj/

Posted screenshot proof here https://www.reddit.com/r/CelsiusNetwork/comments/vbxpcm/interest_payment_options_are_now_only_btc_eth_and/?utm_medium=android_app&utm_source=share I believe this needs to be known

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 03:12:34
/r/CelsiusNetwork/comments/vbwpd2/troubling_indicator_cel_disabled_as_interest/icax4os/

In fact it is worse than that: my options to pay interest are BTC, ETH and stables _only_

Commented by /u/d13co in /r/CelsiusNetwork on June 14, 2022 03:09:24
/r/algorand/comments/vbq32h/buying_algorand/ica04jm/

Then... Bitstamp?

Commented by /u/d13co in /r/algorand on June 13, 2022 21:41:58
/r/PeraWallet/comments/vblg0p/new_to_the_pera_wallet/ic9081s/

Passive rewards were a thing but has been phased out Closest thing is staking for Governance Governance.algorand.foundation But this happens in 3 month cycles, reopens in july With this option the algo stays in your wallet. Another option is to lend it out on AlgoFi (or similar)

Commented by /u/d13co in /r/PeraWallet on June 13, 2022 17:02:58
/r/PeraWallet/comments/vbfm0r/so_anyone_been_hacked_on_pera/ic8qemo/

No worries friend. Definitely make a new wallet and transfer anything left over on the new one. Screenshots of seed phrases in cloud have been known to be exploited, even on Algorand specifically (as much as attribution can be precise in these things). Offline only only only

Commented by /u/d13co in /r/PeraWallet on June 13, 2022 15:54:27
/r/PeraWallet/comments/vbfm0r/so_anyone_been_hacked_on_pera/ic8q3mi/

Just FYI - the only website you should ever, ever enter your seed phrase on is myAlgo - and only if you need to use a desktop wallet - and only after confirming the URL is the official one: wallet.myalgo.com

Commented by /u/d13co in /r/PeraWallet on June 13, 2022 15:52:18
/r/PeraWallet/comments/vbfm0r/so_anyone_been_hacked_on_pera/ic8pmka/

That may be it. So far I've only heard of user error, spexifically giving away seed phrase Algo is normally much safer than other chains, eg ETH: - malicious ASA doesn't really exist, ASAs can't interact with your other coins - dApps don't have offline access/signing capabilities, so they can't touch your funds by themselves while you're sleeping An actual *hack* would be something somehow comprising Pera wallet itself - it is possible but highly theoretical. It would even have to be _your_ Pera wallet app, not the Pera serversz as they don't have your seed/private keys. It is very very unlikely. Everything I've seen and heard of so far has been scamming/social engineering Sorry for your 💰 loss

Commented by /u/d13co in /r/PeraWallet on June 13, 2022 15:48:59
/r/PeraWallet/comments/vbfm0r/so_anyone_been_hacked_on_pera/ic8ov0e/

Hmmm... No screenshots anywhere? Never restored to web wallet?

Commented by /u/d13co in /r/PeraWallet on June 13, 2022 15:43:37
/r/DegenDeFi/comments/vbgbk4/how_much_further_into_the_depths_of_hell_do_you/ic8lbg8/

Wondering if ETH to stETH swap is a good call rn

Commented by /u/d13co in /r/DegenDeFi on June 13, 2022 15:18:43
/r/DegenDeFi/comments/vbgbk4/how_much_further_into_the_depths_of_hell_do_you/ic8l78w/

The odds seem in your favor

Commented by /u/d13co in /r/DegenDeFi on June 13, 2022 15:17:54
/r/DegenDeFi/comments/vbgbk4/how_much_further_into_the_depths_of_hell_do_you/ic8kcfb/

For ETH or BTC? BE SPECIFIC

Commented by /u/d13co in /r/DegenDeFi on June 13, 2022 15:11:49
/r/PeraWallet/comments/vbfm0r/so_anyone_been_hacked_on_pera/ic8jn03/

It is 4 AM Do you know where your seed phrase is?

Commented by /u/d13co in /r/PeraWallet on June 13, 2022 15:06:48
/r/algorand/comments/vb38k8/celsius_network_has_frozen_all_withdrawals_swaps/ic6gbaf/

Red candles everywhere aren't nice to see but none of us were going to be selling today anyway. As for celsius customers, there's a good chance Celsius is illiquid and not insolvent, which is a big difference for your end result. Either way they get a big reputation hit.

Commented by /u/d13co in /r/algorand on June 13, 2022 03:26:41
/r/CryptoCurrency/comments/vb1d6j/a_memo_to_the_celsius_community_withdrawals_swaps/ic6g13k/

Remains to be seen if they are illiquid or insolvent

Commented by /u/d13co in /r/CryptoCurrency on June 13, 2022 03:22:30
/r/AlgorandOfficial/comments/vatlvp/how_we_burned_our_unsold_algorand_birthday_nfts/ic5a4t4/

Good Q by @audiomason: > How do we know the zero-d address is secure and that the private key doesn't exist somewhere? Is this documented somewhere, or is there a way to prove it by looking at the blockchain? Answered on Twitter: https://twitter.com/audiomason/status/1536126957389160450?t=aX60WVchuF-WIaBgBDUbxQ&s=19 Nitter link for nontweeting folk: https://nitter.net/audiomason/status/1536126957389160450?t=aX60WVchuF-WIaBgBDUbxQ&s=19

Commented by /u/d13co in /r/AlgorandOfficial on June 12, 2022 20:00:51
/r/PeraWallet/comments/v8s4ie/important_psa_disconnect_your_wallet_sessions_for/ic0zmva/

No idea - I was at 90+ and cleared them all, so very much a black-and-white test At 3 you should be fine Maybe connection age factors in as well Who knows All I know is I'll have a go-to step when "the dApp is not responding" (lol)

Commented by /u/d13co in /r/PeraWallet on June 11, 2022 19:13:48
/r/D13/comments/v9m889/happy_birthday_algorand/ic0zh6g/

Thank you : )

Commented by /u/d13co in /r/D13 on June 11, 2022 19:12:22
/r/AlgorandOfficial/comments/v9ybdj/algorand_mainnet_3_year_anniversary_animation/ibzckkn/

My bad - should I remove it and repost later?

Commented by /u/d13co in /r/AlgorandOfficial on June 11, 2022 11:17:41
/r/Algonauts/comments/v9yhfj/happy_birthday_algorand/ibz6o08/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/Algonauts on June 11, 2022 10:30:20
/r/Algonauts/comments/v9yk6z/algorand_3rd_birthday_video_nft/ibz6n1v/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/Algonauts on June 11, 2022 10:30:06
/r/AlgoNFTMarketplace/comments/v9ymzd/algorand_3rd_birthday_video_nft/ibz6m90/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/AlgoNFTMarketplace on June 11, 2022 10:29:56
/r/algorand/comments/v9m9l1/happy_birthday_algorand/ibz6jkf/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/algorand on June 11, 2022 10:29:17
/r/AlgorandOfficial/comments/v9m9tu/happy_birthday_algorand/ibz6ibg/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/AlgorandOfficial on June 11, 2022 10:28:59
/r/D13/comments/v9m889/happy_birthday_algorand/ibz6h53/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/D13 on June 11, 2022 10:28:43
/r/AlgorandOfficial/comments/v9ybdj/algorand_mainnet_3_year_anniversary_animation/ibz6e98/

Hate to ask but it would help a lot if you liked or retweeted https://twitter.com/d13_co/status/1535607784888143877

Commented by /u/d13co in /r/AlgorandOfficial on June 11, 2022 10:28:02
/r/AlgoNFTMarketplace/comments/v9ymzd/algorand_3rd_birthday_video_nft/ibz64bj/

Original celebration animation also worth checking out at https://isitalgorandsbirthday.com - responsive to landscape and portrait orientations as well We minted an anniversary NFT available only today (remaining supply burned tomorrow) https://www.nftexplorer.app/asset/773272335 1096 available copies, one per MainNet day of operation Minted with vanity: JUNEII..CAME Many happy ROIs, Algorand

Commented by /u/d13co in /r/AlgoNFTMarketplace on June 11, 2022 10:25:41
/r/Algonauts/comments/v9yk6z/algorand_3rd_birthday_video_nft/ibz5j2e/

Happy Birthday, Algorand! 3 years of MainNet operation today Our Algorand birthday NFT (above) available until midnight UTC (10 hours) from https://isitalgorandsbirthday.com/NFT/2022

Commented by /u/d13co in /r/Algonauts on June 11, 2022 10:20:35
/r/Algonauts/comments/v9yhfj/happy_birthday_algorand/ibz5cxn/

Original celebration animation worth checking out at https://isitalgorandsbirthday.com - responsive to landscape and portrait orientations as well We minted an anniversary NFT available only today (remaining supply burned tomorrow) https://www.nftexplorer.app/asset/773272335 1096 available copies, one per MainNet day of operation Minted with vanity: JUNEII..CAME Many happy ROIs, Algorand

Commented by /u/d13co in /r/Algonauts on June 11, 2022 10:19:08
/r/AlgorandOfficial/comments/v9ybdj/algorand_mainnet_3_year_anniversary_animation/ibz48oo/

Original animation is much higher quality at [isitalgorandsbirthday.com](https://isitalgorandsbirthday.com) - responsive to landscape and portrait orientations as well We minted an anniversary NFT available only today (remaining supply burned tomorrow) https://www.nftexplorer.app/asset/773272335 1096 available copies, one per MainNet day of operation Minted with vanity: JUNEII..CAME Posted with mod permission Hope you enjoy

Commented by /u/d13co in /r/AlgorandOfficial on June 11, 2022 10:09:27
/r/algorand/comments/v9xt9h/happy_birthday_algorand_animation/ibz1dkr/

Original animation is much higher quality at [isitalgorandsbirthday.com](https://isitalgorandsbirthday.com) - responsive to landscape and portrait orientations as well

Commented by /u/d13co in /r/algorand on June 11, 2022 09:43:29
/r/AlgorandOfficial/comments/v9m9tu/happy_birthday_algorand/ibxmgls/

If the celebration animation doesn't work for you, or want to see the T=0 transition into the animation, you can check out this screen capture of the Zero-T moment https://youtu.be/oKSNQDN_NNc (sorry about the screencapture quality)

Commented by /u/d13co in /r/AlgorandOfficial on June 10, 2022 23:01:11
/r/algorand/comments/v9m9l1/happy_birthday_algorand/ibxmgdo/

If the celebration animation doesn't work for you, or want to see the T=0 transition into the animation, you can check out this screen capture of the Zero-T moment https://youtu.be/oKSNQDN_NNc (sorry about the screencapture quality)

Commented by /u/d13co in /r/algorand on June 10, 2022 23:01:07
/r/algorand/comments/v9m9l1/happy_birthday_algorand/ibxmc71/

3 years since MainNet's genesis block, so as close to a birthday as we can get

Commented by /u/d13co in /r/algorand on June 10, 2022 23:00:07
/r/algorand/comments/v8n9c2/algorands_birthday_is_in_30_hours_what_would_you/ibufnmo/

Block zero was at 11 Jun 2019 00:00:00 GMT https://algoexplorer.io/block/0 So yes!

Commented by /u/d13co in /r/algorand on June 10, 2022 07:54:19
/r/algorand/comments/v8n9c2/algorands_birthday_is_in_30_hours_what_would_you/ibu7yxx/

[You have greetings from ARTEMIS..ZEUSI](https://goalseeker.purestake.io/algorand/mainnet/account/ARTEMISKUDWSMWUY7OHHBTMU6KFI53D4GYEPPDT52V7KYE42KUXLKZEUSI)

Commented by /u/d13co in /r/algorand on June 10, 2022 06:22:36
/r/PeraWallet/comments/v8s4ie/important_psa_disconnect_your_wallet_sessions_for/ibsiogk/

I was proud of the Jay z bit 😎

Commented by /u/d13co in /r/PeraWallet on June 9, 2022 19:21:29
/r/AlgorandOfficial/comments/v8s8gw/important_psa_disconnect_your_wallet_sessions_for/ibscnme/

That would be useful but most of all Pera needs a _much_ better tx confirmation modal - Can't tell what I'm signing on AlgoFi - info hidden behind "show details" - coming back from "show details" loses your place on the list - rekeying transactions should have a HUGE warning sign compared to the puny one already there - when doing a group txn I want to see a summary of assets sent/received by outer + inner tx up top And ideally we will at some point get to a system of hashing application calls to exclude mutable fields, eg all AlgoFi lend have hash XgjUj4= regardless of sender or amount. This will tell me I'm signing the right thing at least Pera is the best mobile wallet on mobile atmo

Commented by /u/d13co in /r/AlgorandOfficial on June 9, 2022 18:32:39
/r/PeraWallet/comments/v8s4ie/important_psa_disconnect_your_wallet_sessions_for/ibs9onm/

OR we could do a fractional cake and distribute it to the participation nodes that are not active in each round t🤔 YES - everyone can have cake after all

Commented by /u/d13co in /r/PeraWallet on June 9, 2022 18:09:28
/r/PeraWallet/comments/v8s4ie/important_psa_disconnect_your_wallet_sessions_for/ibs9ldk/

3 years with no downtime... Too bad it only has 4.4s to gulf down a slice of cake before continuing to ledge

Commented by /u/d13co in /r/PeraWallet on June 9, 2022 18:08:45
/r/PeraWallet/comments/v87tqc/constantly_getting_repeating_wallet_connect_errors/ibs9h43/

Seemed to have been caused by a medium number of existing walletconnect sessions https://new.reddit.com/r/AlgorandOfficial/comments/v8s8gw/important\_psa\_disconnect\_your\_wallet\_sessions\_for/

Commented by /u/d13co in /r/PeraWallet on June 9, 2022 18:07:48
/r/PeraWallet/comments/v87tqc/constantly_getting_repeating_wallet_connect_errors/ibs9ebq/

Holy mother of discoveries my dude: https://new.reddit.com/r/AlgorandOfficial/comments/v8s8gw/important\_psa\_disconnect\_your\_wallet\_sessions\_for/

Commented by /u/d13co in /r/PeraWallet on June 9, 2022 18:07:12
/r/algorand/comments/v8n9c2/algorands_birthday_is_in_30_hours_what_would_you/ibs4iu1/

Wanting to buy Lacking the fiat Haiku of the broke

Commented by /u/d13co in /r/algorand on June 9, 2022 17:30:24
/r/algorand/comments/v8n9c2/algorands_birthday_is_in_30_hours_what_would_you/ibrtcjw/

What is a little loan between friends! You'll have it back x 0.6 in no time anyway

Commented by /u/d13co in /r/algorand on June 9, 2022 16:09:22
/r/AlgorandOfficial/comments/v8na3f/algorands_birthday_is_in_30_hours_what_would_you/ibrms3b/

I'd much rather we moved up relative to the crypto market than an overall pump Climb that MC ranking

Commented by /u/d13co in /r/AlgorandOfficial on June 9, 2022 15:22:24
/r/AlgorandOfficial/comments/v8na3f/algorands_birthday_is_in_30_hours_what_would_you/ibrgt1c/

We are building isitalgorandsbirthday.com and it does have an NFT but it isn't really for profit, more fun and awareness. We haven't seen anyone else mentioning 3 years of MainNet, so... Getting word out is hard :/

Commented by /u/d13co in /r/AlgorandOfficial on June 9, 2022 14:39:26
/r/PeraWallet/comments/v87tqc/constantly_getting_repeating_wallet_connect_errors/ibqhe5t/

FYI the buttons behind the red bar are clickable (if you snipe the QR button Also FYI if you get the "dApp not responding" error but you wait 2-3m it may actually come back. Switching wifi/mobile data can also help And blaming the dApp in the error message is shitty. All of tinyman, AlgoFi, and pact are not responding?

Commented by /u/d13co in /r/PeraWallet on June 9, 2022 10:29:24
/r/PeraWallet/comments/v87tqc/constantly_getting_repeating_wallet_connect_errors/iboywrq/

Trying to develop with pera today was like pulling teeth Kept getting these non stop and well as "dApp is not responding" when trying to use wallet connect

Commented by /u/d13co in /r/PeraWallet on June 8, 2022 23:49:09
/r/algofi/comments/v736rb/1947_apr_on_stblusdc_farm/ibm4xwf/

Not that I know - you have to do it manually

Commented by /u/d13co in /r/algofi on June 8, 2022 10:49:19
/r/CryptoCurrency/comments/v7kz0r/always_sunny_actor_rob_mcelhenney_launches_web3/iblbv1b/

"is this joke worth $38 to mint?" _Nah_

Commented by /u/d13co in /r/CryptoCurrency on June 8, 2022 06:16:22
/r/algorand/comments/v7kikf/divisive_governance_options/iblbncf/

1 aLgO 1 vOtE iTs In tHe CoNsTiToOsHn

Commented by /u/d13co in /r/algorand on June 8, 2022 06:13:20
/r/AlgorandOfficial/comments/v7fqny/can_an_asa_be_malicious/ibl7siw/

Good to know re: delete specifics - I have been playing with minding nft for our [algorand MainNet 3 yrs](https://isitalgorandsbirthday.com) celebration site and between getting Pera to show a specific video preview for the nft (nope!) and tweaking parameters I've been deleting a _lot_

Commented by /u/d13co in /r/AlgorandOfficial on June 8, 2022 05:16:29
/r/AlgorandOfficial/comments/v7eim5/i_rekeyed_my_wallet_via_pera_using_a_nano_x_is_my/ibkl7uk/

Your original wallet ("A") on Pera still has the original seed phrase but after rekeying, the network knows not to accept it for that address any more. Instead the ledger wallet/account must sign all transactions for address A.

Commented by /u/d13co in /r/AlgorandOfficial on June 8, 2022 00:16:35
/r/AlgorandOfficial/comments/v7fqny/can_an_asa_be_malicious/ibkko96/

This is largely incorrect advise. An ASA creator can at most take back THEIR ASA IF there is clawback enabled - ~~or delete the asset entirely if there is a manager account~~. Your other ASAs and Algo can't be touched I believe you were asking about the Ethereum style dusting attacks

Commented by /u/d13co in /r/AlgorandOfficial on June 8, 2022 00:10:47
/r/algofi/comments/v736rb/1947_apr_on_stblusdc_farm/ibk6cem/

I could be wrong here as I'm tired af but you borrow $500 STBL, pay $32.5 interest yearly you borrow $500 USDC, pay $29 interest yearly Your borrow APR averages to 6.1% for the $1000 You get $194.7 interest from your $1000 at 19.47% Do bear in mind: - liquidation risk if your collateral price plummets - smart contract risk - borrow accumulates interest while stability rewards do not automatically do so (negligible at ~6%)

Commented by /u/d13co in /r/algofi on June 7, 2022 21:58:58
/r/algofi/comments/v736rb/1947_apr_on_stblusdc_farm/ibj68yu/

More than that - you should be averaging the borrow rates, not adding them

Commented by /u/d13co in /r/algofi on June 7, 2022 16:56:12
/r/algofi/comments/v736rb/1947_apr_on_stblusdc_farm/ibij3fv/

This post was sponsored by our upcoming project [IsItAlgorandsBirthday.com](https://IsItAlgorandsBirthday.com) Come celebrate with us 3 years of Algo MainNet 😎

Commented by /u/d13co in /r/algofi on June 7, 2022 14:07:50
/r/PeraWallet/comments/v3y6d8/supported_codecs_for_video_nft/ibfk1wd/

It's all good, if I can get the preview image info I'll be happy 🤘

Commented by /u/d13co in /r/PeraWallet on June 6, 2022 20:30:50
/r/PeraWallet/comments/v3y6d8/supported_codecs_for_video_nft/ibcm8ou/

Yes, several times. The testnet ASAs I created should be compatible with the ipfs://hash links but are not recognized as collectibles. Same exact data with https//mysite/ipfs/hash works. I didn't see anything about preview url in either arc3/69 or the Pera nft docs Based on your source code it looks like you create the preview URLs yourselves? Not 100% certain though. Can I specify a thumbnail/preview url in the arc spec? Id like a still frame or short gif, atmo it shows a blank thumbnail for my video (WebM) nft

Commented by /u/d13co in /r/PeraWallet on June 6, 2022 06:02:59
/r/PeraWallet/comments/v3y6d8/supported_codecs_for_video_nft/ibcgs7z/

Thanks for the update I also posted on discord - not sure what the preferred comm channel is I was able to make something work after all with WebM - the only change was using a fake ipfs gateway on my own site ala https://IsItAlgorandsBirthday.com/ipfs/ipfs_hash and that worked, whereas the same file+hash in ipfs://hash format did not I do have another question - are video previews supported in NFTs? My item/thumbnail preview in the element preview page is blank. Could be WebM related - which I can't use anyway because iPhone ^^Thanks ^^Apple - so I will try with mp4/h264 later today and report back

Commented by /u/d13co in /r/PeraWallet on June 6, 2022 04:38:57
/r/DegenDeFi/comments/v5iwv0/looking_for_web3_dev/ibadinf/

Sorry, not a job board.

Commented by /u/d13co in /r/DegenDeFi on June 5, 2022 16:04:05
/r/CryptoCurrency/comments/v57wt0/were_going_to_need_a_new_vocabulary_to_prevent/ib8wr5x/

I like it "No cap": soon to have no market cap

Commented by /u/d13co in /r/CryptoCurrency on June 5, 2022 08:44:57
/r/CryptoCurrency/comments/v51dqz/daily_general_discussion_june_5_2022_gmt0/ib8wden/

"AITA My dog keeps beating up my girlfriend and I won't do anything about it" > ... Judgement: YTALGO. Buy now that the [birthday](https://isitalgorandsbirthday.com/) is coming up and don't miss out on the birthday NFT

Commented by /u/d13co in /r/CryptoCurrency on June 5, 2022 08:40:50
/r/CryptoCurrency/comments/v51dqz/daily_general_discussion_june_5_2022_gmt0/ib8vxqs/

Fun fact [Algorand's birthday](https://isitalgorandsbirthday.com) is this week

Commented by /u/d13co in /r/CryptoCurrency on June 5, 2022 08:36:07
/r/algorand/comments/v54r47/this_seems_odd_why_am_i_being_offered_a_free_nft/ib8vpdr/

So you only visit Official Algorand ®️ Properties? Smart play

Commented by /u/d13co in /r/algorand on June 5, 2022 08:33:33
/r/algorand/comments/v4uwu0/nfts/ib8ixjy/

There's levels to it I guess - a small scale initial boost isn't the same as a 90% synthetic scam. How would a slow boost he noticed if Algo is distributed from cex wallets to buy up a bit? Is there a history of synthetic volume being called out on Algo nft scene?

Commented by /u/d13co in /r/algorand on June 5, 2022 05:38:57
/r/algorand/comments/v4zuh2/having_issues_with_myalgo_wallet_desktop_version/ib7kuy0/

Sweet, then you're good Ledger

Commented by /u/d13co in /r/algorand on June 4, 2022 22:25:16
/r/algorand/comments/v4yexw/nfdomains_is_live_on_mainnet/ib7hz45/

There are also 2 competing "domain providers" so make sure your peasantcheck doesn't go into a limited edition betamax tape

Commented by /u/d13co in /r/algorand on June 4, 2022 21:57:37
/r/AlgorandOfficial/comments/v4vbqz/what_are_the_main_shortcomings_of_algorand/ib7ho0u/

Could be something like: A side "network"/consensus like protocol deciding the throughput & errors of relay nodes by clients and consensus-participating algods Relay node staking/rewards/slashing based on performance and censorship attempts Potentially a two tier system where untrusted relays only relay to clients and trusted ones aid in consensus Improvements to Algod to switch relays more aggressively if they stall (partly in place already)

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 21:54:40
/r/algorand/comments/v4zuh2/having_issues_with_myalgo_wallet_desktop_version/ib7h8fc/

Usually happens when your browser cache is cleared If you have your seed phrase safely stored offline as advised, you just restore your accounts into a new myAlgo wallet If you don't have your seed phrase safely stored offline as advised, you just learned an expensive lesson about following important instructions

Commented by /u/d13co in /r/algorand on June 4, 2022 21:50:26
/r/algorand/comments/v4ugkg/hi_new_to_algorand_got_a_few_questions/ib7gpc6/

Just in time to bookmark June 11th midnight UTC and come get an Algorand Birthday NFT for free: [Isitalgorandsbirthday.com](https://Isitalgorandsbirthday.com) Drop only at midnight. Nft available only on the day, for 3A for non midnight clock watchers

Commented by /u/d13co in /r/algorand on June 4, 2022 21:45:20
/r/AlgorandOfficial/comments/v4s8d2/mit_bitcoin_expo_2022_fireside_chat_with_silvio/ib7gdna/

Do you see any advantages that ada had over Algo? Or spreading bets? I don't see ada competing with post-merge ETH tbh but I haven't looked too deeply

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 21:42:18
/r/CryptoCurrency/comments/v3il6w/algorand_has_settled_85_million_transactions_in/ib7enrx/

Very late to the party but we're building a countdown site celebrating 3 years of algorand mainnet operation - a birthday of sorts - June 11th We have a bit of a show on the day and an NFT giveaway if you're there on midnight UTC June 11th [Isitalgorandsbirthday.com](http://Isitalgorandsbirthday.com)

Commented by /u/d13co in /r/CryptoCurrency on June 4, 2022 21:26:14
/r/CryptoCurrency/comments/v3il6w/algorand_has_settled_85_million_transactions_in/ib7e8bv/

>If the point of failure is the information propagation, or the consensus, it doesn't really matter. If the bank remains closed during business hours, or loses all my money, it doesn't matter - a failure is a failure

Commented by /u/d13co in /r/CryptoCurrency on June 4, 2022 21:22:14
/r/AlgorandOfficial/comments/v4s8d2/mit_bitcoin_expo_2022_fireside_chat_with_silvio/ib7dy56/

Did not expect the chuckle I got from this Updoot well earned

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 21:19:39
/r/algorand/comments/v4uwu0/nfts/ib7ah7l/

This. Branding. Appearances. Marketing Twitter. Discord. Money to buy your own stuff to make some synthetic volume up. To eventually make $$, be prepared to work on not-Art stuff _a lot_ Or just throw them out there and shrug

Commented by /u/d13co in /r/algorand on June 4, 2022 20:47:09
/r/algorand/comments/v4uwu0/nfts/ib7aaku/

[I'm](https://d13.co) balls deep in Algo but not NFTs ([well, sorta](https://isitalgorandsbirthday.com)) It's a pretty big place already

Commented by /u/d13co in /r/algorand on June 4, 2022 20:45:31
/r/algorand/comments/v4yexw/nfdomains_is_live_on_mainnet/ib7a3q8/

Yep a bargain at $375 each RUN PEOPLE

Commented by /u/d13co in /r/algorand on June 4, 2022 20:43:43
/r/AlgorandOfficial/comments/v4yeqy/nfdomains_is_live_on_mainnet/ib7a1xj/

So it is just $375 for a premium one in "real money" then Coolcoolcool

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 20:43:14
/r/CryptoCurrency/comments/v4w7ib/help_me_understand_how_people_get_hacked/ib77v4z/

Yet another thing done so well on Algo - must opt in to shitcoins and NFTs, so you can't be sprayed with bullshit spamcoins This is the way - I don't want it until I say I do - thx

Commented by /u/d13co in /r/CryptoCurrency on June 4, 2022 20:23:09
/r/algorand/comments/v4je22/algorand_issues/ib776xe/

Not my issue but a common one is The centralization of relay nodes. My view on this, in a nutshell, is that it is unfounded and borderline bullshit. For the ten nutshell version read my comment here https://www.reddit.com/r/algorand/comments/uq5yjf/z/i8qux6v I have no issues with Algorand. Been in crypto for 10+ years ("mined Bitcoin with gpus"-kinda-crypto-grandpa) while being a software developer. No other chain moved me to actually develop on it until Algo. I am bullish enough to devote my _time_ - that's right, the rich people currency. I built a small maker collective called [D13.co](https://D13.co)//ective and we're quietly building away. Right now we're doing an Algorand Birthday countdown site + NFT drop/buy on the day (June 11) @ [IsItAlgorandsBirthday.com](http://IsItAlgorandsBirthday.com) If Algo don't wagmi idk what will. Play around a bit in the ecosystem and decide for yourself. (Oh, remembered a minor one: we deserve a far better mobile wallet than Pera)

Commented by /u/d13co in /r/algorand on June 4, 2022 20:17:04
/r/algorand/comments/v4je22/algorand_issues/ib761cc/

I mean, you aren't technically wrong but the implication is that they're greedily profiting from tx fees. That isn't the case - as a) the funds haven't moved and b) they have spent orders of magnitude more on ecosystem development, rewards, etc. I doubt tx fees would cover even just relay node operation fees at the time being. Let it be a piggy bank for now until we/they find something to do with it. So you were technically correct - often the best kind of correct - but overall somewhat wrong/misleading by what you didn't say, if that makes any sense at all. And anyway, how would you change this? Should maybe some non profit devoted to developing the ecosystem be controlling that wallet? ;) (For the record, I neither upvoted nor downvoted)

Commented by /u/d13co in /r/algorand on June 4, 2022 20:06:16
/r/AlgorandOfficial/comments/uxq7qt/general_update_qmgarcc_marketgovernancegaming/ib75fzm/

I missed this when it was posted but it was a great read. well articulated and reasoned. Congrats & condolences on the sale and best of luck moving forward with GameFi

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 20:00:50
/r/PeraWallet/comments/v3y6d8/supported_codecs_for_video_nft/ib6m2nl/

It doesn't seem to be related to codec but I'm still not sure how it is failing. Is it the fractional aspect of it? Shouldn't be - they are supported in images. I tried to upload the webm version via ab2 and got MainNet ASA ID 765845007 at ipfs://bafkreidv7kuvb5nwflkqnkgwfswn4ipbgiey64yl4djeqwqz7a7fstcvfi which *does work* I created a fractional NFT with the same exact file manually as MainNet ASA ID 765830656 at ipfs://QmYGFMkfsK33xPxSF46nHm85LGT18T3AW4pCFnP16vovuL and it *does not work* Same file: ``` $ md5sum blah bloh 23d970d265a78da522c60b4f7c6a9694 QmYGFMkfsK33xPxSF46nHm85LGT18T3AW4pCFnP16vovuL 23d970d265a78da522c60b4f7c6a9694 bafkreidv7kuvb5nwflkqnkgwfswn4ipbgiey64yl4djeqwqz7a7fstcvfi ``` Any idea what I may be doing wrong here?

Commented by /u/d13co in /r/PeraWallet on June 4, 2022 17:07:15
/r/algorand/comments/v4nvh4/how_to_do_bluetooth_transactions_with_the_nano/ib65gdq/

That's really cool and I applaud the hacker spirit, but why not use myAlgo if you're on desktop anyway? I thought it is ledger compatible

Commented by /u/d13co in /r/algorand on June 4, 2022 14:37:18
/r/CryptoCurrency/comments/v4o0ap/heres_why_solana_sol_slumped_over_11_this_week/ib5sl71/

Because it was offline for 11% this week

Commented by /u/d13co in /r/CryptoCurrency on June 4, 2022 12:43:59
/r/algorand/comments/v4e3jh/fifa_effect/ib5q32w/

Well of course it doesn't protect against the devs rugging the whole game - like you say. > With the cost of NFTs being ludicrous relative to just buying a new copy of a game the risk of losing is drastically higher for giving you the option to sell your items. > So now you are balancing actually playing the game with having to be a broker or sorts. On a low tx cost chain like Algorand this is up to the developer. If it weren't an NFT it would still cost as much, but you also wouldn't be able to resell it easily (or at all) The gain is owning the assets and being able to sell them if you get bored of it Your involvement in Aegir sounds like a presale, which is a different beast altogether As for "being a broker" - an NFT asset game that is well implemented would _enable that_ but not demand it - an ideal implementation is transparent from a user PoV. When you start the game it asks you if you have an Algorand wallet or if the game should manage one for you, then you go from there.

Commented by /u/d13co in /r/algorand on June 4, 2022 12:22:02
/r/AlgorandOfficial/comments/v48r9r/staci_warden_interview_gobsmacked_by_community/ib5ez2s/

Note to self: develop Algorand sidechain with proof of work consensus, pitch it for governance. It'll certainly go down super smooth and we'll make bank

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 10:41:45
/r/CryptoCurrency/comments/v4f14i/for_all_the_small_number_folks_out_there/ib4w5c8/

They also stopped processing Luna deposits during the crash for 2 days I sent some from on chain to sell off, opened a support ticket to crickets, and got my deposit 2 days later Only lost 98% of that value, no biggie CDC is shit

Commented by /u/d13co in /r/CryptoCurrency on June 4, 2022 07:01:32
/r/algorand/comments/v4e3jh/fifa_effect/ib4w0mi/

It is Saturday, I make time for my kids as well as internet kids. >You guys are like females here My estimate of your age is now single digits Edit: keep editing buddy, you'll get there

Commented by /u/d13co in /r/algorand on June 4, 2022 06:59:35
/r/algorand/comments/v4e3jh/fifa_effect/ib4vth1/

It is nuts how gamers are against NFTs You're already paying for this stuff either with time or money Why not own it I don't understand

Commented by /u/d13co in /r/algorand on June 4, 2022 06:56:29
/r/algorand/comments/v4e3jh/fifa_effect/ib4vr7q/

You lack the intellectual capacity or maturity to actually insult me

Commented by /u/d13co in /r/algorand on June 4, 2022 06:55:30
/r/algorand/comments/v4e3jh/fifa_effect/ib4um1f/

THeY pReSeNtEd a pRoVeN FaCt

Commented by /u/d13co in /r/algorand on June 4, 2022 06:37:49
/r/algorand/comments/v4e3jh/fifa_effect/ib4ujq9/

Mmm yes 3 juvenile cm is what I crave

Commented by /u/d13co in /r/algorand on June 4, 2022 06:36:51
/r/algorand/comments/v4e3jh/fifa_effect/ib4r80x/

"I DON'T WANT TO TALK TO YOU SO I CAME TO THIS FORUM TO TELL YOU GAH STAHP" Just stop responding my dude Puberty is hitting you hard

Commented by /u/d13co in /r/algorand on June 4, 2022 05:41:04
/r/algorand/comments/v4e3jh/fifa_effect/ib4r4sr/

>Algorand to be the official blockchain of FIFA. ☝️ Two part partnership: sponsorship for world cup + official Blockchain partner

Commented by /u/d13co in /r/algorand on June 4, 2022 05:39:40
/r/PeraWallet/comments/sq2id4/rperawallet_lounge/ib4r0zx/

Do you know how to vote manually? I wrote up a how-to on discord, I can find it for you

Commented by /u/d13co in /r/PeraWallet on June 4, 2022 05:37:44
/r/PeraWallet/comments/v3y6d8/supported_codecs_for_video_nft/ib4qx80/

I am somewhat time bound for this as we are intending to release an Algorand "Birthday" NFT on June 11

Commented by /u/d13co in /r/PeraWallet on June 4, 2022 05:35:53
/r/PeraWallet/comments/utiyzz/moving_from_ledger_nanox_to_nanos/ib4ohab/

Nano S isn't supported, even via cable connection (tried it)

Commented by /u/d13co in /r/PeraWallet on June 4, 2022 04:52:54
/r/PeraWallet/comments/v3y6d8/supported_codecs_for_video_nft/ib4nuyt/

Testnet attempt ASA IDs: 93401546 93403602 93407596 93409134 93401289 93400713

Commented by /u/d13co in /r/PeraWallet on June 4, 2022 04:42:01
/r/algorand/comments/v4e3jh/fifa_effect/ib4jjjx/

Two different things to consider here. The deal was two-fold: 1) Algorand is a regional sponsor in EU and North America. This presumably means that the logo will be displayed a lot during matches. This will have a marginal branding recognition effect with the broader public. This is bullish enough by itself, but the big news is the technical partnership: 2) Algorand is the Official Blockchain™ of FIFA®️. What this will mean remains to be seen but there has been a lot of speculation about possible use cases. I'm not going to list them all, but NFTs in ticketing, gaming and blockchain microtransactions have dominated the speculation. Contrary to most gamers, I actually think that NFTs in gaming will bring actual ownership of your in-game assets and will be a major win for user rights in gaming. What can you do with your Clash of Clans base right now if you abandon the game? Fuck all. What if it were made up of NFTs? Sell it at market value. I also second the emotion of another commenter here that this deal is unprecedented in scale. I am cautiously optimistic

Commented by /u/d13co in /r/algorand on June 4, 2022 03:28:26
/r/algorand/comments/v4e3jh/fifa_effect/ib4ja2b/

Yeah it is still a tiny, struggling exchange trying to keep the lights on

Commented by /u/d13co in /r/algorand on June 4, 2022 03:24:01
/r/AlgorandOfficial/comments/v48r9r/staci_warden_interview_gobsmacked_by_community/ib4gkcd/

>Unless they automate some voting mechanism with thousands of wallets This would be trivial to do actually. Really, really easy.

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 02:41:00
/r/AlgorandOfficial/comments/v48r9r/staci_warden_interview_gobsmacked_by_community/ib4gfy3/

And yet now that xGov is fleshed out a) community can confirm it before it takes effect and b) it is well designed and being overwhelmingly confirmed But nah let them spend ages getting each proposal fine tuned to the tits before we vote on them, that's how an agile ecosystem should work /s

Commented by /u/d13co in /r/AlgorandOfficial on June 4, 2022 02:39:11
/r/AlgorandOfficial/comments/v3mkdf/cant_confirm_my_vote_submission/ib1s7ul/

https://governance.algorand.foundation/governance-period-3/governors

Commented by /u/d13co in /r/AlgorandOfficial on June 3, 2022 11:51:08
/r/AlgorandOfficial/comments/v3mkdf/cant_confirm_my_vote_submission/ib1s3jp/

Or check your address: https://governance.algorand.foundation/governance-period-3/governors

Commented by /u/d13co in /r/AlgorandOfficial on June 3, 2022 11:50:18
/r/algofi/comments/v3g7w0/no_op_application_465818260/iazrkyz/

>because ALGO has a very small block size. No, it is because of intentional restrictions on the number of ops a smart contract can do per tx. It is performance related, not space related: > To achieve performance benchmarks, the Algorand blockchain imposes certain restrictions on smart contracts, among them the number of internal operations (arithmetic, read, write, etc) a smart contract is allowed to do per transaction. > Algofi smart contracts are computationally intensive, so the extra transactions sent on a user's behalf are there to secure the additional operations needed to keep contract state up-to-date. > Note, this will be abstracted away when Algofi migrates to AVM 1.1 https://docs.algofi.org/algofi-lending/faqs#why-does-supply-withdraw-borrow-repay-group-involve-so-many-transactions

Commented by /u/d13co in /r/algofi on June 2, 2022 22:59:43
/r/algofi/comments/v2mrkb/governance_voting_period_3_is_live_through_the/iatroqz/

If your committed stake shows as zero, before panicking, copy your vault address and look it up here: https://governance.algorand.foundation/governance-period-3/governors Two of our accounts showed "X added / 0 committed" in vault but we were able to vote and the votes were registered. You can also look up the voting status on the above link for double confirmation of your voting status

Commented by /u/d13co in /r/algofi on June 1, 2022 16:00:37
/r/D13/comments/v2bddo/is_it_algorands_birthday_dot_com/iarmbai/

Hm, interesting. Block 0 is: { "block": { "fees": "Y76M3MSY6DKBRHBL7C3NNDXGS5IIMQVQVUAB6MP4XEMMGVF2QWNPL226CA", "gen": "mainnet-v1.0", "gh": "wGHE2Pwdvd7S12BL5FaOP20EGYesN73ktiC1qzkkit8=", "proto": "https://github.com/algorandfoundation/specs/tree/5615adc36bad610c7f165fa2967f4ecfa75125f0", "rate": 20000000, "rwcalr": 500000, "rwd": "737777777777777777777777777777777777777777777777777UFEJ2CI", "seed": "wGHE2Pwdvd7S12BL5FaOP20EGYesN73ktiC1qzkkit8=", "ts": 1560211200, "txn": "J3hisbLS0SebtaGdDYdRj+cVAPEmuLozZ3W9NJoee3M=" } } and 1560211200 is `Tue Jun 11 00:00:00 UTC 2019`

Commented by /u/d13co in /r/D13 on June 1, 2022 05:20:42
/r/DegenDeFi/comments/v29q6y/psa_im_a_developer_and_i_can_help_you_guys_avoid/iarfp5z/

Good idea and +1 for the Dev flair. And this: > provide proof-of-work was puntastic.

Commented by /u/d13co in /r/DegenDeFi on June 1, 2022 03:40:47
/r/CryptoCurrency/comments/v20ehh/cheapest_way_to_get_btc_to_cold_wallet/iapn7ll/

You select a network fee "class" like low/avg/high. Your wallet will usually suggest this based on current activity. Your tx will be processed based on the fees paid, so a low fee may take time to get processed. Finally there is replace-by-fee that is supported by many wallets (eg Ledger Live) where you could send a low fee tx and if you decide you are in a hurry after all, you can replace the fee with a higher one. IIRC the UX for that is a bit clunky - you have to send the same amount to the same destination with a higher fee and the old tx is replaced by the new one (_I think_ - only did it once)

Commented by /u/d13co in /r/CryptoCurrency on May 31, 2022 17:43:01
/r/AlgorandOfficial/comments/v1cbjh/algofigovernance_question/iaplvdi/

There is a tiny worry about the initial lend opt-in that creates a storage account for you, that uses ~3A or so. Pera didn't show it up front either so some people who were borderline eligible got burnt. May have been fixed now. A second wallet is the way to go in either case.

Commented by /u/d13co in /r/AlgorandOfficial on May 31, 2022 17:32:56
/r/algorand/comments/v1n12y/10k_announcement/iapc1di/

I donty think this is true. The nodes were over reported when changing ip in the past. The current numbers are the correct ones. When a new Algod version is released, it can be [found here ](https://github.com/algorand/go-algorand/releases) along with the changelog of features/fixes.

Commented by /u/d13co in /r/algorand on May 31, 2022 16:21:14
/r/algorand/comments/v1qj04/defi/iap0wt2/

>If holding ASA’s is not DEFI, there is a whole lot that needs to be explained regarding this whole DEFI business Hi, I'm from the board of directors of DeFi inc. We apologize for the inconvenience. We are working on our corporate communication. DeFi inc deals in Decentralized Finance. Our corporate group operates Decentralized Exchanges (DEX), which can include swapping & providing liquidity. Decentralized lending and borrowing of assets is another area we operate in. Technically, swapping an ASA and holding it classifies as speculation, not DeFi, though a DEX was presumably used to facilitate the initial trade. If you provided that ASA with another into a liquidity pool, _that_ would be DeFi, as your assets would be providing liquidity for that swapping pair while earning fees. If you lent it out on a decentralized platform, that would also be DeFi. Staking it is semi DeFi as well depending on specifics. We hope this clarifies some of your questions and are looking forward to serving you as a customer of DeFi inc. for a long time. Yours, Denny Fidelius Chief Bullish Officer DeFi inc.

Commented by /u/d13co in /r/algorand on May 31, 2022 14:50:54
/r/AlgorandOfficial/comments/v1823j/michel_dahdah_cofounder_of_randlabs_adding_evm/ialj43u/

Once evm compatibility is there, your painstakingly custom-for-avm project will have to compete with the EVM clones that were ported over with far less effort. The cost/benefit of developing on AVM vs EVM will be skewed greatly towards EVM. I don't think devs will transition to AVM if EVM is good enough. Why develop AlgoFi/pact if you can copy sushi (or whatever)? Users will follow the highest APY/largest rewards. EVM clones can spend 80% of the AVM-related dev budget to ads and rewards.

Commented by /u/d13co in /r/AlgorandOfficial on May 30, 2022 18:50:01
/r/Tinyman/comments/v0lps9/cant_unstake_or_remove_liquidity/iaho5vi/

Look up your minimum balance on Https://algoaccinfo.com You can even opt out of any ASA you are not using Careful if you opt out of smart contracts, you still lose any money tied up in them

Commented by /u/d13co in /r/Tinyman on May 29, 2022 20:53:32
/r/algorand/comments/v00can/algorand_staking_on_ledger/iahkthi/

Ecosystem Rewards* You can still lend it in AlgoFi or provide liquidity in a dex, etc

Commented by /u/d13co in /r/algorand on May 29, 2022 20:23:51
/r/AlgorandOfficial/comments/uzd0jc/question_about_transaction_fee/iadgcig/

Yes, it is part of the code and it can change.

Commented by /u/d13co in /r/AlgorandOfficial on May 28, 2022 20:25:35
/r/CryptoCurrency/comments/uzhe5d/the_25th_word_passphrase_what_would_you_do_in/iabk1xs/

The unasked question here is "how do I assure my crypto will be accessible only after I die" and the best answer I have found to this is Shamir Secret Sharing. This is a method to split up a secret into N shares (say, 4) with a predefined minimum threshold k of shares needed to reconstruct it (eg 3) You split the shares and distribute them to trusted individuals, your will, etc. In the above example you could give 1 share to your partner, 1 to your parents and put 2 in your will. A minimum of 3 of those could be used to reconstruct your seed phrase. An implementation is available here: https://simon-frey.com/s4/ Use it offline in a private browsing window and it should be safe.

Commented by /u/d13co in /r/CryptoCurrency on May 28, 2022 11:15:19
/r/DegenDeFi/comments/uz8m4d/above_10_apy_on_stablecoins_is_not_possible/ia8yvek/

It is possible, but not sustainable. It is called user acquisition and it is funded by VC/war chests, etc. Look up early Uber subsidies/practices There might be a rug down the road, or it may be a legit coin spending to acquire users - like most well funded startups do.

Commented by /u/d13co in /r/DegenDeFi on May 27, 2022 18:40:32
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/ia8w2oh/

Holy shit Amazing profile I'll dig into it when I find some time 💯

Commented by /u/d13co in /r/DegenDeFi on May 27, 2022 18:17:36
/r/algorand/comments/uy0jiv/shouldnt_we_have_a_sticky_on_the_vote/ia5t3wr/

If you borrowed against your vault ALGO you may have been liquidated Check your vault tab on AlgoFi, it will either say eligible or ineligible

Commented by /u/d13co in /r/algorand on May 27, 2022 01:37:12
/r/algorand/comments/uyh4im/can_the_price_stay_constant_in_the_long_term/ia5q9o1/

>Second, the security of the blockchain is proportional to market cap of it. ~~I don't see how this can be true.~~ Technically the security of the Blockchain is sounds as long as 2/3 of consensus participating nodes act in good faith. Atmo 1.6B ALGO are participating in consensus. If Algo price increased 10x overnight then technically that number could take a hit by people unstaking to sell and take profits, leading to "less security" - but at the same time, a malicious actor needing to get to 33%+ to subvert the network now needs a _lot_ more capital to do so. It is easier to get 33% of participating Algo @ $0.4 than @ $2 Edit: we may be saying the same thing actually. It is early for me ☕

Commented by /u/d13co in /r/algorand on May 27, 2022 01:04:31
/r/CryptoCurrency/comments/uxm62t/busting_the_myth_that_crypto_is_too_complicated/ia1u3vg/

However easy it is now, it will get even easier and at the same time, tech literacy will increase, so I'm seeing a meet-in-the-middle situation playing out over the next 3 years Also, necessity is the mother of invention (or in this case, understanding): in Venezuela there's a ton of localBitcoin traffic as crypto solves an actual burning problem, so people figure that shit out. Finally, all groundbreaking innovations seem convoluted & scammy at first. Internet, email, mobile phones, social media... notably all plagued by similar scamming in the beginning before digital hygiene became a thing.

Commented by /u/d13co in /r/CryptoCurrency on May 26, 2022 07:00:49
/r/DegenDeFi/comments/ux2lg2/logo_my_liquid_d/ia1s5oo/

sounds interesting! Mine was in inkscape

Commented by /u/d13co in /r/DegenDeFi on May 26, 2022 06:36:44
/r/DegenDeFi/comments/ux2lg2/logo_my_liquid_d/ia1plp2/

Yeah I'm a fan on dark mode as well (FOUND THE DEV ) I didn't realize that was was custom, that's realy slick, man, well done.

Commented by /u/d13co in /r/DegenDeFi on May 26, 2022 06:02:30
/r/DegenDeFi/comments/uwit7a/best_place_to_earn_yield_using_btcwbtc/ia0m8ax/

So whey they disappear with all liquidity there won't even be tracks to follow &Great&

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 22:18:38
/r/DegenDeFi/comments/uxwbid/should_we_crowdsource_dyor_here/ia0l7q9/

Could even start a wiki with past DYOR consensus of community

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 22:10:39
/r/DegenDeFi/comments/uwlx7m/flairs_and_rules_added/ia0ju1q/

I would add META as a flair for sub specific discussions And instpermaban any humour attempts to post Facebook content (rebranded as META) under that flair

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 21:59:57
/r/DegenDeFi/comments/ux2lg2/logo_my_liquid_d/ia0j3b6/

Also my payment will be user flair privileges. Take it or leave it!

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 21:54:07
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/ia0ig75/

We need to communicate the risks effectively. We don't want to end up recommending the next safemoon. Check out my stickied post about crowdsourced due diligence/DYOR idea and weigh in with thoughts

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 21:49:04
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/ia0i3rp/

+1 show us! Also dev but not solidity (Algorand space)

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 21:46:17
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/ia0hqmn/

I haven't automodded much myself but I'm confident we can figure it out. I'll do some experiments

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 21:43:29
/r/DegenDeFi/comments/ux2lg2/logo_my_liquid_d/ia0gzsc/

Do your want to see why particular variations or should we just test it out to see how it (pink/orange) looks in the various sizes in different places?

Commented by /u/d13co in /r/DegenDeFi on May 25, 2022 21:37:47
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9vfaai/

In all likelihood the eligible DeFi projects in this session would have been the top 4 DEX - Tinyman/AlgoFi/Pact/Folks. Their total combined TVL - 126M according to defillama - would make their voting stake 6.47% in this session. As I said in another comment: > 0.37% of governors have 90%+ of the voting power already https://www.reddit.com/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9vbdso/ In light of this, I absolutely want the combined DeX to have 6.5% voting power for their service to the ecosystem. I don't know if any ASAs will be eligible or how their TVL will be calculated. There isn't an ASA in sight with anywhere near 10M TVL if we go by liquidity. If we go by the most absurdly favourable TVL calculation possible in favour of the ASAs - market cap - there are still only a handful eligible. Let's look #2* under these most-favourable valuations: XET $30m If (big if) the total market cap were to be counted as TVL, that would make their voting power $60m. in the current governance session their voting power would be $60m / ( $60m + $3624m ) = 1.62%, and rewards would be 0.8% (proportional, not doubled). \* #1 is ARCC which is a reserve currency and unlikely to be eligible This was indulging in a fantasy, of course, as market cap != TVL. I am also curious about ASAs so I [asked in the forum](https://forum.algorand.org/t/which-defi-projects-would-be-eligible-in-this-season-if-option-a-were-already-in-effect-any-asas/6980)

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 20:01:28
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9vbym2/

So you want _some_ censorship ("not ok with certain ASAs.") but also decentralization?

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 19:35:16
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9vbdso/

[There are 211 governors that have staked 1M+. That is 0.37% of individual governors (out of 55K). Their collective stake is 3.267B, which is 90.15% of the total 3.624B eligible stake right now.](https://www.algorandstats.com/governance-period-3) **0.37% of governors have 90%+ of the stake already** and you're telling me that if we double the voting power of DeFi projects, _that_ opens the door to centralization and corruption and abuse via the Foundation? Bringing a share of that back to within the ecosystem - starting with DeFi - is far more likely to be beneficial to the ecosystem than a CEX whale voting with their cold wallet and outside interests. The "Potentially Corrupt Foundation" argument is not incorrect but practically moot. We are very early in AlgoTime, and if the Foundation wants to fuck something up, they absolutely can, in innumerable ways, from throwing their money around, marketing/PR/influence - any number of things. The Foundation's power will not increase in any meaningful way if you vote A. Instead we will give more power to in-ecosystem DeFi projects and I believe that even in the worst possible implementation - where DeFi project operators vote whatever _they_ want, instead of transfering votes to DeFi users - they would be more likely to vote in favour of the ecosystem than against. If everything were peachy already, I'd say let's be suspicious of the worst possible implementation, but governance has a real problem _right now_ and voting option A has the potential to fix one of them.

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 19:30:47
/r/algorand/comments/uwa6ib/thoughts_on_algo_relative_to_hedera/i9v9f3o/

Not sure how it works in Hedera but in Algo, as a participating node, your odds of proposing a block are (your participating algo) / (total participating algo) via a verifiable random function. The official protocol/code also processes tx [FIFO as seen from the block proposer's pending TX pool](https://forum.algorand.org/t/how-do-transactions-compete-in-the-pending-pool/6528/3), but in this context we are assuming you run your own malicious code. So to "frontrun" you'd have to see a transaction you want to manipulate in the pending tx pool, push your own tx and hope that your malicious participating nodes get picked to propose a block so they can pick your tx over the victim tx. It isn't impossible but considering the cost, somewhat unlikely. With 1.6B algo currently participating in consensus you'd need to buy about 176 million ALGO to add to voting in order to get to 10%. Algo is at $0.4 today so that's $70 mil - assuming your buy doesn't move the price (big if) - for the ability to "frontrun" with a 10% chance. The odds of extracting value from that investment are pretty slim currently. If you're going that big you may as well go for 33%+ and do some real damage. Does Hedera guarantee that malicious consensus participants can't reorder tx? How?

Commented by /u/d13co in /r/algorand on May 24, 2022 19:15:21
/r/AlgorandOfficial/comments/uw3p5u/rewards_for_running_a_node/i9sowzs/

It is to a lot of people, but as I've "seen" it first hand, it isn't to me - I was agreeing with you. People do all sorts of altruistic shit with even heavier expenses - like the headaches of running a tor exit node

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 07:54:26
/r/algofi/comments/uwih9u/leverage_without_the_risk/i9sfmi1/

Why not repay part of the loan to begin with if you have STBL on hand? If you deposit it in a smart contract to avoid liquidation then you aren't using it for yield or anything else anyhow. You'd save yourself the interest on that chunk of the STBL loan, too.

Commented by /u/d13co in /r/algofi on May 24, 2022 06:00:08
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9s8huw/

What if you have an option to vote yourself with liquid governance _like you do right now with AlgoFi vault_?

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 04:09:17
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9s8drw/

Then again we have gone from 1 Dex in January (to zero briefly) to 5ish We also have liquid governance for the first time, with _user voting_ on AlgoFi (though with protocol voting on Folks Finance) We _could_ find ourselves without _any_ good options but the odds are not very likely. If a DeX is user-hostile when it comes to voting, your sentiment will likely be echoed within the community, and your collective liquidity will follow you to user-friendly DeX

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 04:07:30
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9s846m/

> Your DeFI project gets to vote with your votes though. Not necessarily - I think this will be up to the implementation. For example the AlgoFi vaults will allow you to cast your vote however you want. I assume that it would work like that in some cases. Folks Finance, on the other hand, do the voting for you. > DeFI project from acting like a politician/representative who, even though the “people” are for Option A, they vote Option B Depends on the situation and the implementation: - If the DeFi voting is cast from users, your voice is amplified as a reward for participating with liquidity or whatever, so it may make a difference - if all DeFi voting is from the DeFi operators, in many cases it may not make much difference if DeFi whales wanted to vote for B and the CeX whales also wanted to vote for B > I think the 2nd voting measure is non-controversial And yet everyone is complaining about how a few whales are controlling the votes - this is a change that isn't perfect but it is likely in the right direction. It is unclear if we are talking about the DeFi protocols voting themselves x2 (like Folks Finance now) or DeFi _users_ voting via liquid staking have a x2 vote (like AlgoFi vault now). Frankly I would take both options over the current status quo of big bags of money outside the ecosystem raking in rewards and having massive influence.

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 04:03:29
/r/AlgorandOfficial/comments/uwh9mb/the_largest_whales_are_already_cex_like_binance_so/i9s7kgu/

I'd imagine it would be fairly long actually. Current governance participation is super low hanging fruit for CEX: they already have the cold wallets, they just enroll, vote once & cash out. The key here is _zero risk_ and an added benefit is low effort. For Binance and friends to come up with a "CEX Cartel dApp" and move $Xm worth of Algo in there into a smart contract (much higher risk than a cold wallet) just to get extra voting and rewards seems far from "easy" to me. It is possible, but I don't think it would happen any time soon. When they do "DeFi yield" the risk is on the customer, not using their own funds. But even if they do all that, we should still do it. We should raise the bar into how easy it is to "mooch" rewards and voting power. You don't leave the front door unlocked because the window could be broken.

Commented by /u/d13co in /r/AlgorandOfficial on May 24, 2022 03:55:12
/r/algorand/comments/uwa6ib/thoughts_on_algo_relative_to_hedera/i9rmxwn/

Username checks out

Commented by /u/d13co in /r/algorand on May 23, 2022 23:40:48
/r/algorand/comments/uwa6ib/thoughts_on_algo_relative_to_hedera/i9rm7ce/

>In Algorand, block proposers (and other selected leader nodes) have control over which transactions are included in a block > who's to stop them violating the protocol by dropping messages they don't like? Well, in practice: - the vastly larger decentralization on the consensus level, and - the verifiable random function that chooses the block proposer Assuming a non malicious supermajority, if a proposer doesn't like your dApp or address and "forgets" to pick those tx out of the pending tx pool, the next one will, or the one after that. As rounds progress it becomes probabilistically impossible to have a valid tx stay in the pending pool forever (or even too long) If you don't have a non malicious supermajority you have far bigger problems in a PoS scheme (the "51% attack" threshold is actually about 33%)

Commented by /u/d13co in /r/algorand on May 23, 2022 23:33:47
/r/algorand/comments/uwgirn/the_average_algo_user_market_research_for_a/i9rl92f/

Also the various communities (NFT, community ASA, DeFi) have discords and subreddits that you could look into for membership sizes, participation, etc (which -fair warning- can be gamed). Or the TVL of their corresponding protocols or on chain data (transactions, etc) I'd look into planets, birdbot, Akita, Algo nft Twitter to begin with.

Commented by /u/d13co in /r/algorand on May 23, 2022 23:24:51
/r/algorand/comments/uwgirn/the_average_algo_user_market_research_for_a/i9rkxqw/

I've been thinking of harvesting the Algo subreddits for users dumping their addresses for airdrops and looking at on-chain vs on-reddit activity. Might be interesting to see correlations there but it would be fairly tedious to do properly and I'm fairly busy with other dev stuff. Just a thought.

Commented by /u/d13co in /r/algorand on May 23, 2022 23:22:01
/r/AlgorandOfficial/comments/uw0ln9/i_have_huge_problems_with_option_a/i9riqcp/

The bigger whales are already CEX like binance. Giving more voting power to DeFi gets some of that voting power back to players that are far more invested in algo than cex. It is a lesser evil to counterbalance a greater evil.

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 23:02:28
/r/AlgorandOfficial/comments/uw0ln9/i_have_huge_problems_with_option_a/i9ri0o3/

>However, based on what I hear from other non-blockchain developers, they HATE how ponzi-like DeFi is. For many of them, DeFi (the way it is now) is a major turn-off. Counterpoint: I'm a dev and OG BTC hodler of 10+ years. DeFi is the completion of the whole BTC idea. Crypto sitting on exchanges being traded at multiples like a fucking fractional bank is a joke. Begging customer support for info why your withdrawal is stuck is a disgrace. Crypto dot com not processing my Luna deposit transactions for 2+ days while it lost another 90% is a disgrace. DeFi has risks and the openness enables scammers and ruggers as well but to me it is part of the essence of the whole "money you truly own" bit. Algorand was the chain/tech/ecosystem that _finally_ moved me from crypto user/hodler to developer.

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:56:37
/r/AlgorandOfficial/comments/uw0ln9/i_have_huge_problems_with_option_a/i9rh63j/

If it is, it is at least big money in the game rather than outside of it. Binance dgaf about Algo. Borderless capital do.

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:49:25
/r/AlgorandOfficial/comments/uw0ln9/i_have_huge_problems_with_option_a/i9rgm9p/

How are you going to limit rug pulls on DeFi? If anyone can create liquidity pools then ruggers will too. Also, which hacks? Tinyman was the big one and they compensated. Humble wasn't exploited. Doesn't sound like you want DeFi either way

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:44:36
/r/CryptoCurrency/comments/uvzw4f/lunatic_community_member_fatman_alleges_insider/i9rfrml/

RemindMe! 1 year Am I rugged already?

Commented by /u/d13co in /r/CryptoCurrency on May 23, 2022 22:37:26
/r/algorand/comments/uw5awq/introducing_the_beta_launch_of_pokerandio_a/i9red50/

I'm seeing "withdrawl" on mobile. (Autocorrect did its job well for once in the previous comment!) Also on mobile Firefox the homepage blanks out after a few seconds - if it is just FF (tiny market share - sad noises) then by all means ignore it but keep it in mind in case it appears in other envs.

Commented by /u/d13co in /r/algorand on May 23, 2022 22:25:47
/r/AlgorandOfficial/comments/uw3p5u/rewards_for_running_a_node/i9rdpbd/

Check out my view on this here: https://www.reddit.com/r/algorand/comments/uq5yjf/heres_how_ethereum_rival_algorand_algo_can/i8qux6v The centralization arguments are overblown imho. Relays can't do much to hurt the network.

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:20:26
/r/AlgorandOfficial/comments/uw3p5u/rewards_for_running_a_node/i9rdhr0/

Sounds far fetched but in practice a lot of people do it. BTC nodes have never been rewarded and still they have been up for 13 years.

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:18:44
/r/AlgorandOfficial/comments/uw3p5u/rewards_for_running_a_node/i9rdatx/

Not if there's slashing involved. Participate correctly: rewards Participate maliciously: slashing If they're participating correctly then they're securing the network, not "taking advantage"

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:17:11
/r/AlgorandOfficial/comments/uw3p5u/rewards_for_running_a_node/i9rd6i5/

Yes. Also, while Silvio has stated that people should participate in consensus altruistically, I'm not as certain that participating will never be rewarded.

Commented by /u/d13co in /r/AlgorandOfficial on May 23, 2022 22:16:13
/r/algorand/comments/um1ewh/update_algoaccinfocom_algorolo/i9rb2zj/

Your DB is top 🎩🔝 We salute you

Commented by /u/d13co in /r/algorand on May 23, 2022 21:59:36
/r/algorand/comments/um1ewh/update_algoaccinfocom_algorolo/i9rb0q6/

Aw I missed this, you even credited my absolute lowest of efforts. Thank you muchly 🙏

Commented by /u/d13co in /r/algorand on May 23, 2022 21:59:06
/r/algorand/comments/uw5awq/introducing_the_beta_launch_of_pokerandio_a/i9ra9mg/

Well done for shipping! Minor feedback from cursory glance: Typo in home page: > Withdrawal Also mobile view needs a bit more work.

Commented by /u/d13co in /r/algorand on May 23, 2022 21:53:10
/r/algorand/comments/uw3nkd/nigeria_to_use_algo/i9r993o/

Vaporware it isn't. There's a functional chain and ecosystem. Announcing marketing stuff that falls through for whatever reason happens to everyone.

Commented by /u/d13co in /r/algorand on May 23, 2022 21:45:06
/r/algorand/comments/uw3nkd/nigeria_to_use_algo/i9r8zkm/

"I'll change that Blockchain record for just 2 billion Algos. Just need to do a 33% attack."

Commented by /u/d13co in /r/algorand on May 23, 2022 21:43:00
/r/algorand/comments/uw8wal/update_algoaccinfocom_v104/i9r4svo/

Loved it & still love it. I suggested the AlgoRolo integration and was thrilled to see you followed through. Well done! Edit: have you submitted it to the various Algo directories? Also, do you have a Twitter acct? Edit 2: [I twat it](https://twitter.com/d13_co/status/1528908843274616832)

Commented by /u/d13co in /r/algorand on May 23, 2022 21:09:18
/r/deflyOfficial/comments/uvitdt/welcome_to_defly/i9px8zo/

Great to hear from you Kevin! We'll gladly share the repo* if you want to play with it, though I suspect by now you will have solved your own problems in a similar fashion. Feel free to dm or email! \* Very alpha. And not the Wolf kind of alpha.

Commented by /u/d13co in /r/deflyOfficial on May 23, 2022 15:31:26
/r/Terra_Luna_crypto/comments/uofpnw/it_isnt_coming_back_1_ust_26600_luna_on_chain/i9pwqme/

What a fresh take. Re: "everyone called it" - so has everything else in crypto. What _hasnt_ been called a scam? The entire space is a tulip bubble according to buttcoiners.

Commented by /u/d13co in /r/Terra_Luna_crypto on May 23, 2022 15:27:45
/r/algorand/comments/uvjyah/algo_vs_ada/i9npu95/

I searched out of curiosity: 'algo' on /r/cardano. Last such discussion: 1 year ago.

Commented by /u/d13co in /r/algorand on May 23, 2022 03:25:05
/r/algorand/comments/uvjyah/algo_vs_ada/i9npmha/

Algo putaringonit

Commented by /u/d13co in /r/algorand on May 23, 2022 03:21:55
/r/deflyOfficial/comments/uvitdt/welcome_to_defly/i9ma7bx/

Very happy to see the team working on the app - adding features, DEX etc. We're working in the space (albeit at a smaller scale/budget) and so far defly has been inspirational. Also **well done** for the Humbleswap vuln find and responsible disclosure! The report was fascinating. Here's the write-up if anyone missed it: https://defly.substack.com/p/finding-bugs?s=r

Commented by /u/d13co in /r/deflyOfficial on May 22, 2022 18:55:40
/r/algorand/comments/uvjyah/algo_vs_ada/i9m971g/

Don't have any reliable metrics tbh. Just hearsay and developer activity reports. It isn't hard to have more dapps than Algo of December '21 but we're slowly becoming more of a force to reckon with. Just checked defillama tvl and both chains are at ~131M (default view/no borrows/no double count/etc). Ada at 6 protocols and Algo at 7 (though including yieldly, gard and humble). It's somewhat a tie, which in my book is a win for the newcomer that was at 0 DEX post-tinyman hack in Jan.

Commented by /u/d13co in /r/algorand on May 22, 2022 18:47:04
/r/algorand/comments/uvjyah/algo_vs_ada/i9m8jtx/

The "company shut down" is a misconception, it was planned to move to Singapore for months, where it still exists. It doesn't make any sense shutting it down before you rug anyhow, that's some looney tunes shit. The GOTCHAA comments when that came out never made sense.

Commented by /u/d13co in /r/algorand on May 22, 2022 18:41:36
/r/algorand/comments/uvjyah/algo_vs_ada/i9m1gms/

Why do you think so? Genuinely curious to hear your arguments. To my Algo addled brain, it seems like the ada ecosystem is further ahead (as it is older) but tech wise it seems to be lagging, and I feel like Algo is catching up fast. It has exploded with MainNet projects since December.

Commented by /u/d13co in /r/algorand on May 22, 2022 17:44:03
/r/algorand/comments/uvjyah/algo_vs_ada/i9m0yu6/

>Institutions will not invest their money with a character as arrogant as Charles. Oh boy, do I have a story to tell you about a guy called ~~Icarus~~ Do Kwon. He had these great wings, see, from daddy. And he told everyone how high he would fly and nothing would happen to his great wax wings. He challenged the suns to come at his great wax wings! And his wings soared and soared, and he got many a follower. But one day, a few small suns got together....

Commented by /u/d13co in /r/algorand on May 22, 2022 17:40:07
/r/algorand/comments/uvjyah/algo_vs_ada/i9m0gyx/

It is human nature, mammal/pack-animal-brain rather than critical thinking. Your best shot at not being affected by this is before you dive in. All crypto circles are guilty of this: WAGMI - "*WE* are going to make it" AlgoFAM Etc As well as football teams/schools/any division between in-group and out-group will cloud your critical thinking. The sunk cost fallacy probably plays into this as well if you find yourself in a safemoon situation. Hard to accept, cut losses and move on. Are we a safemoon/Luna? I think not. _But I'm one of **us** now, innit?_

Commented by /u/d13co in /r/algorand on May 22, 2022 17:36:10
/r/algorand/comments/uvjyah/algo_vs_ada/i9lznby/

Imho Algo has surpassed ada in technical capabilities. The ecosystem in Q1 and Q2 of this year also took off massively. This may not mean much long term, but my big bet is with Algo as well, that's why we're developing on it.

Commented by /u/d13co in /r/algorand on May 22, 2022 17:29:38
/r/algorand/comments/uvjyah/algo_vs_ada/i9lzfml/

The tribalism is real within crypto. You identify with your choice and community so much that it becomes an us v them mentality.

Commented by /u/d13co in /r/algorand on May 22, 2022 17:27:56
/r/AlgorandOfficial/comments/uvdz6j/locking_of_coins_for_assets_and_smart_contracts/i9lz732/

This would be a great problem to have 🤞we get there some day But even as things stand, there will be 10B total Algos in circulation... Something to consider. We aren't running out due to minimum balances any time soon.

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 17:26:01
/r/algorand/comments/uvjyah/algo_vs_ada/i9lwudk/

"We don't like to talk about the other A- L1 here"

Commented by /u/d13co in /r/algorand on May 22, 2022 17:07:44
/r/AlgorandOfficial/comments/uvdz6j/locking_of_coins_for_assets_and_smart_contracts/i9lwhwr/

Also consider this: you could it in to 1000 ASAs at 0.1A per ASA which would be $45 worth locked in today's value - an ETH transaction fee, essentially. You can also remove your opt in from smart contracts, which will a) drop your minimum balance by ~0.5 and b) allow the chain to drop your contact state, clearing up "Blockchain space"

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 17:05:05
/r/AlgorandOfficial/comments/uvdz6j/locking_of_coins_for_assets_and_smart_contracts/i9lw2gx/

This is largely referred to as minimum balance and like the sibling comment says, it can be configured on the protocol level of necessary

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 17:01:49
/r/AlgorandOfficial/comments/uvdz6j/locking_of_coins_for_assets_and_smart_contracts/i9lvxbz/

No, I think they are talking about minimum balance

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 17:00:46
/r/DegenDeFi/comments/uvgxup/if_you_want_some_eth_hopium_youll_enjoy_the/i9luy3k/

I do like it enough to listen a bit They've had a few notable guests on like [Big Daddy ETH](https://youtube.com/watch?v=b1m_PTVxD-s), [Big Daddy Reddit](https://newsletter.banklesshq.com/p/110-alexis?s=r), [Big Daddy AVAX](https://youtube.com/watch?v=0TQbvpoO908) and one from February with [Big Daddies AVAX, SOL & LUNA](https://youtube.com/watch?v=PsBvxsaPw5I) that surely aged well.

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 16:53:19
/r/algofi/comments/uusr1u/good_time_to_borrow_algo_and_swapstake_yldy/i9kp262/

Fair points. I've written off my early yldy (in a tinyman Algo/yldy LP, possibly not the best utilization) as a loss mentally but I never sell. If it surprises me then great. My big bet will still be with Algo long term.

Commented by /u/d13co in /r/algofi on May 22, 2022 11:45:54
/r/AlgorandOfficial/comments/uutpr8/my_thoughts_on_this_governance_measure/i9k3eid/

>DeFi has had some rather large rug pulls as of late Such as? Tinyman was compensated Humbleswap wasn't exploited Yieldly is.... ^^ugh ^^ok

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 08:50:12
/r/AlgorandOfficial/comments/uuzh86/is_there_a_way_to_get_my_algos_back/i9k37gv/

Was a surface x pro with an (easily‽) Removable SSD. Persistence and bitlocker are the next bosses to beat.

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 08:48:16
/r/AlgorandOfficial/comments/uuzh86/is_there_a_way_to_get_my_algos_back/i9k30xx/

The SSD is surprisingly easy to remove from one of those: Ifixit is your friend: https://www.ifixit.com/Guide/Microsoft+Surface+Pro+X+SSD+Replacement/127830 If you don't have a new laptop already you can get a USB housing for your SSD _but_ make sure the technology (SATA or NVMe) matches! I got a SATA enclosure for an NVMe SSD and had to return it. After getting your disk connected to another PC you'll have to crack open bitlocker (disk encryption) but that should be doable of you remember your password. Search and if you can't do it, DM me. You are also now duty bound to report progress on this sub.

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 08:46:29
/r/AlgorandOfficial/comments/uuzh86/is_there_a_way_to_get_my_algos_back/i9k2lul/

Laptop HDD very unlikely to be unsalvageable. But If Mac: you fucked.

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 08:42:07
/r/AlgorandOfficial/comments/uuzh86/is_there_a_way_to_get_my_algos_back/i9k2iqh/

And if it was a MacBook or another device with the SSD soldered on the motherboard like some fucked up Fischer-Price LED-a-majigg, you learned something today. Even in that case there are _expensive_ recovery options, so it's about how much algo was there

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 08:41:15
/r/DegenDeFi/comments/uusor8/rdegendefi_lounge/i9k298n/

Luna 2.0 launching shortly, get your cash bags ready.

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 08:38:32
/r/CryptoCurrency/comments/uv21h0/til_in_the_90s_bill_gates_was_a_big_enthusiast_of/i9k24o7/

It is harder for people who have benefited massively from the existing financial system to understand the needs and benefits of divorcing state+money in this manner. It is like a medieval bishop being asked about separation of church+state: there aren't any problems and if there are, we are fixing them, and you will burn in hell for your heresy.

Commented by /u/d13co in /r/CryptoCurrency on May 22, 2022 08:37:14
/r/algofi/comments/uumkec/why_do_i_have_to_repay_so_many/i9k1t5d/

Then you have collected negligible interest so far. It is offering you the option of repaying your initial principal loan. The interest will automatically appear as part of your loan. Right now you should see you borrowed 1000.09 or something tiny like that

Commented by /u/d13co in /r/algofi on May 22, 2022 08:33:57
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9k1css/

Discord is on moon already Just need to moon _Discord on moon: Slack_

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 08:29:13
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9k18ld/

>Sorry mate, was just trying to make a fuck/fork joke, but I guess it was in pretty bad taste. Taste was good

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 08:27:56
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9jx4n4/

You'll thank me later ☣️🧫 Youscam.xyz/how-big-media-is-exaregagting-atharx

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 07:40:42
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9jwxdc/

GLAR AT DEEZ N... Nah we're serious here.

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 07:38:18
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9j76zj/

[You son of a bitch. I'm in!](https://m.youtube.com/watch?v=kkZpgEhxAYo)

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 01:27:29
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9j708c/

Lol. I guess that applies as it's my biggest bag but I'm ^actually ^^Algo Can we do "Algonuts"?

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 01:25:05
/r/AlgorandOfficial/comments/uuo19o/cold_wallet_question/i9j6ipa/

You can also keep your coins on your existing hot wallet/address and rekey it to the ledger. This will instruct the network to disregard the hot wallet private key and instead expect all hot wallet transactions to be signed by the Ledger account. First connect your ledger to Pera and then tap three dots at top right in your hot wallet account page -> rekey account. You will be guided to rekey hot wallet to ledger and you'll have the ledger security without moving anything. You won't lose governance eligibility unless a single transaction would take your below your eligibility minimum. You'll be able to vote with ledger. You'll need your ledger to sign all transactions. Caveat: some complicated smart contracts life AlgoFi lend are not ledger compatible yet Caveat 2: no way to undo a rekeying at the moment Countercaveat 2: we are building a utility that will enable undoing of rekeyings (and more) that will launch by early June. (/r/D13 just made as a community for this and future projects - currently empty) Recommendation: throw some Algo to a new hot wallet on Pera, rekey that first, see what's what. Edit: forgot to link the docs (technical) https://developer.algorand.org/docs/get-details/accounts/rekey/ and a [video](https://m.youtube.com/watch?v=1PXifOdT2f0)

Commented by /u/d13co in /r/AlgorandOfficial on May 22, 2022 01:18:59
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9j56nr/

Suggestion #2 Automod that responds with the safemoon sub to the "Any good investment opportunities" bots

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 01:02:32
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9j53vj/

Suggestion #1 Automod that sends anthrax to the "You'll that me later 🙏♥️ <YouTube scam link>" bots

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 01:01:35
/r/DegenDeFi/comments/uuszui/welcome_to_rdegendefi/i9j4wy1/

You son of a Bitcoin I'm in!

Commented by /u/d13co in /r/DegenDeFi on May 22, 2022 00:59:19
/r/defi/comments/uut1sj/new_sub_is_rdegendefi/i9j2p5k/

You son of a Bitcoin I'm in

Commented by /u/d13co in /r/defi on May 22, 2022 00:33:21
/r/algofi/comments/uusr1u/good_time_to_borrow_algo_and_swapstake_yldy/i9j2gp9/

Past performance is a good indicator. Yldy was 0.1 Algo on Feb. Past week avg is 0.003. That's 70% down _against Algo_, so it is a bit more than "oh the market is down in general". Against usdc yldy peaked at $0.011 in Feb and is now $0.0015, or 86% down. It is a risky bet that hasn't paid off for the majority of gamblers who have taken it.

Commented by /u/d13co in /r/algofi on May 22, 2022 00:30:41
/r/CryptoCurrency/comments/uu5n9u/with_the_ronin_network_hack_how_truly_secure_are/i9dr1vq/

Part of a developer's job is validating the requirements against the reality of the language/environment. If a requirement is infeasible or dangerous, the developers will let the product owner know, so they can be ignored with due process.

Commented by /u/d13co in /r/CryptoCurrency on May 20, 2022 17:58:55
/r/AlgorandOfficial/comments/uu80q6/auto_sign_in_for_my_algo_wallet/i9dpdof/

Auto sign transactions sounds like a terrible security practice, I doubt we'll see that As for auto locking, you can disable that under settings

Commented by /u/d13co in /r/AlgorandOfficial on May 20, 2022 17:45:57
/r/CryptoCurrency/comments/utlrec/what_are_some_blockchains_that_do_not_require_aws/i9di6u2/

>which is around 2.5tb right now i think MainNet chain is 794GB right now https://developer.algoscan.app/analytics

Commented by /u/d13co in /r/CryptoCurrency on May 20, 2022 16:50:32
/r/algorand/comments/ut5cvq/governance_3_proposal_is_online/i99dckg/

Nobody was avilable at the time

Commented by /u/d13co in /r/algorand on May 19, 2022 18:51:04
/r/algorand/comments/usp3do/how_do_i_transfer_an_nft_into_my_wallet/i98n0b5/

But I'm on therealperowallet.con I'm certain of it

Commented by /u/d13co in /r/algorand on May 19, 2022 15:25:36
/r/algorand/comments/uszyse/can_i_use_ledger_live_for_governance/i983i6n/

Beginning of July is a good time for a reminder event on your calendar

Commented by /u/d13co in /r/algorand on May 19, 2022 13:13:40
/r/algorand/comments/uszyse/can_i_use_ledger_live_for_governance/i97wvt3/

Indeed, but for next season - right now it is closed, nobody can register any more

Commented by /u/d13co in /r/algorand on May 19, 2022 12:29:25
/r/algorand/comments/ur1tj7/malicious_asas_to_detect/i97lyfv/

>some ASAs can mess with your other assets This is entirely untrue on Algorand.

Commented by /u/d13co in /r/algorand on May 19, 2022 11:15:43
/r/algorand/comments/ur1tj7/malicious_asas_to_detect/i97lvij/

To add to this: the risk is the value plummetting to zero. Adding a shitcoin ASA or NFT does _not_ endanger your account.

Commented by /u/d13co in /r/algorand on May 19, 2022 11:15:08
/r/algorand/comments/uszyse/can_i_use_ledger_live_for_governance/i96txtu/

Add an account -> I already have an account -> Pair Ledger Device Re: cold storage: yes, the nano X must sign all transactions. Pera is just in the middle, it has no spending authority by itself.

Commented by /u/d13co in /r/algorand on May 19, 2022 07:25:45
/r/algorand/comments/usdbd3/simple_questions_from_a_noob/i94w5zv/

I disagree. If secure decentralized consensus and transactions are possible then monitoring parts of the network should be possible as well. 1) Relays already talk to each other so they know each others' throughput. 2) You can also test a relay from the outside easily - connect two clients, broadcast from one and see if the other gets the transactions.

Commented by /u/d13co in /r/algorand on May 18, 2022 19:12:40
/r/CryptoCurrency/comments/ushds1/may_seem_elementary_but_i_finally_took_my_btc_off/i94upja/

Same for me when USDT faltered after UST crashed: _Byeeee cex!_ Turtle down in Ledger and wait 👀

Commented by /u/d13co in /r/CryptoCurrency on May 18, 2022 19:01:19
/r/algorand/comments/usdbd3/simple_questions_from_a_noob/i94uilf/

Just to add re: if possible: yes, definitely possible. The relay nodes run the same code as other Algorand nodes (clients, consensus participating, archival, etc) so we know what they are & do. You "just" need really beefy servers with really quick network connections (saw a 1GB/s quote somewhere for not confirmed it)

Commented by /u/d13co in /r/algorand on May 18, 2022 18:59:51
/r/algorand/comments/usdbd3/simple_questions_from_a_noob/i94tu5h/

That's fair enough to say - Algorand relies on the foundation and Algorand inc for some infrastructure, tech and ecosystem development. It is fairly justified as it is early for Algo. There needs to be a rewards and punishments system before relays can be opened up, but it is worth noting that on the consensus level it _is_ very decentralized: The foundation cant take your Algo or silence your dApp. They could nuke their own chain by yanking the DNS (whitelist) of relay nodes, but to what end? They spent billions developing the reliability reputation. And it is reliable as fuck. A block every 4.5s since genesis. No downtime. No slowdowns.

Commented by /u/d13co in /r/algorand on May 18, 2022 18:54:35
/r/AlgorandOfficial/comments/usgwn4/algorand_vs_near/i94ssyp/

The relay meme My view on said meme https://www.reddit.com/r/algorand/comments/uq5yjf/z/i8qux6v

Commented by /u/d13co in /r/AlgorandOfficial on May 18, 2022 18:46:42
/r/algorand/comments/usdbd3/simple_questions_from_a_noob/i94rh55/

There are serious implications to simply opening them up to anyone. I wrote a bit about this here, take a look when you have a few minutes: https://www.reddit.com/r/algorand/comments/uq5yjf/z/i8qux6v

Commented by /u/d13co in /r/algorand on May 18, 2022 18:36:38
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90mnbr/

Ohh dApp contract idea: escrow that releases only when btc wallet moves funds: OP deposits $nnn btc into escrow contract. If I crack the key I'll get paid when OP moves funds from OG wallet. And for Revocation... Idk. Not building it.

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 20:50:36
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90m9vj/

Also yes, but there would likely be different jurisdictions at play. I for one am from a prominent Nigerian Royal family ^/s

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 20:47:42
/r/Bitcoin/comments/us0bsw/any_ogs_keep_going_back_to_old_machines_to_check/i90jonz/

I was on some mining pools and exchanges that have since vanished. I don't think I would have left anything there but it is annoying to see "DOMAIN PARKED IN SEDO" when you're hunting for past treasure.

Commented by /u/d13co in /r/Bitcoin on May 17, 2022 20:27:20
/r/CryptoCurrency/comments/urvrj0/what_gives_certain_crypto_projects_their_value/i90j7x5/

Heh. We all secretly would like to peek into $next_week pages of that book. Folks here were a bit harsh - myself included - but it's been a rough week I guess. But yeah, "the market" is the closest you'll get to a succinct answer.

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 20:23:47
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90hqga/

I've had trouble cracking my own encrypted containers and I remembered fragments much like OP. Some encryption schemes like modern LUKS dont fuck around at _all_ - I was getting 8 guesses per second for my LUKS container after all the optimizations I could muster. Thankfully the wordlist was small and we gottem, bois. MD5 on the contrary _rips_, you can do 100K/s on an abacus. It'll all come down to what encryption* scheme the wallet file uses \* technically it's hashing, not encryption, but nobody cares

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 20:12:06
/r/CryptoCurrency/comments/uryj8t/whats_the_consensus_here_regarding_celsius/i90eld1/

Celsius doesn't pay interest to US users unless they're accredited investors

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:46:34
/r/CryptoCurrency/comments/urvrj0/what_gives_certain_crypto_projects_their_value/i90dubr/

The market decides that based on acceptance, image, hype, tech, partnerships, usage, past performance, etc. What are you expecting to find out here? A secret book with the prices written in pig Latin?

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:40:33
/r/CryptoCurrency/comments/urzfrm/all_those_celebrities_pushing_crypto_are_not_so/i90dje6/

Matt Damon starred in an ad. He owes you nothing.

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:38:06
/r/CryptoCurrency/comments/urtmpp/hierarchical_deterministic_addresses_or_where_did/i90dc8a/

~~Are you using Qubes OS?~~ _snarky; retracted_ I'd keep a cold wallet around, you never know. Chrome was recently exploited (allegedly North Korea) and finance & crypto were the unsurprising targets. So if the UX isn't your jam, dump 90% on ledger for safekeeping and play with the rest on software wallets

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:36:28
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90cm1y/

That's not a rainbow attack but close enough. It needs a dictionary attack with a (possibly big) custom wordlist or a mixed mode attack (combining his wordlist+ English dictionary/years list) if a generated wordlist is too big.

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:30:37
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90c533/

They mention multibit so it is an offline wallet. I searched and multibit has some MD5 formats (!!!) which are _really really_ fast to crack. This is likely scammer bait but I'm strangely rooting for this dude's wallet to be MD5, which should make it crackable with some good scripting.

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:26:50
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90bseg/

Yeah, this is the way to go but it's a bit complicated as they have to generate their own wordlist. I added a big ass comment with steps but if they're considering hypnosis then they likely can't script much

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:24:01
/r/CryptoCurrency/comments/urws40/hypnosis_to_retrieve_old_bitcoin_password/i90awm9/

No, hypnosis is almost certainly bullshit, but it seems you're quite close. Your problem is technological: 1) You need to convert the wallet to a format that a password cracker can process 2) You need to generate a wordlist of possible passwords. 3) You need to crack the password. This may take time. So: For (1) you need to run this script to convert your multibit wallet file to a hash: https://github.com/openwall/john/blob/bleeding-jumbo/run/multibit2john.py This is from "John the ripper" (a famous and trusted password cracker) extended scripts repository. You need to run it with python. You have to do this yourself - don't share your wallet file. More on this later. For (2) you need to code a bit. For (3) you will either be lucky or not: multibit has at least 3 different hashes, one that you can likely crack really fast (md5) and two that will be s l o w (scrypt). If your wallet is MD5 (should start with $1$) you are one lucky mofo. The difference between slow and fast hashing on a good GPU can be 10M/s vs 100/s. This will determine whether it is feasible at all. You'll need some hardware and time. I'd try to use oclHashcat (GPU) or hashcat(CPU) or johnTheRipper (CPU _mostly_) if it supports your hash. The following modes are supported by oclHashcat: 22500 | MultiBit Classic .key (MD5) | Cryptocurrency Wallet 27700 | MultiBit Classic .wallet (scrypt) | Cryptocurrency Wallet 22700 | MultiBit HD (scrypt) You can see these [here](https://hashcat.net/wiki/doku.php?id=hashcat) but apparently at least one dude was SOL because his hash wasn't supported (see [this thread](https://hashcat.net/forum/thread-9738.html)) and he had to use CPU cracking (jtr - johnTheRipper) In short you'll need some technical expertise and if you're considering hypnosis you're likely lacking the scripting abilities to automate this. I've done this for myself several times (all sorts of wallets/disk encryption/etc) If you want further help reach out in DM. I'm not DMing first as that's scammer 101 playbook. **Important note**: You should be safe to share the hash with your hacker friend **but not your wallet file**. The hash is just an "encrypted" (kinda) representation of your wallet password and _will not contain your actual Bitcoin keys_. You'll have to share your recollection of the words and the hash (so they can crack it) **but under no circumstances should you share your wallet file**. Agree to a helper fee via gentlemen agreement (you give them 5% or whatever) and keep your word if they help you unlock the wallet. Again: sharing the wallet file _and_ your fragments of the password puts the power in your hacker friend's hands. Don't do it. Share just Hash + words = power in your hands. If they crack it, they have to tell you the password and hope you keep your word re: help fee. Update: OP naturally never DMed. Whatever will I fill my days with now...

Commented by /u/d13co in /r/CryptoCurrency on May 17, 2022 19:17:07
/r/algorand/comments/urm7w7/jumpbacked_wormhole_bridge_expands_to_algorand/i905re9/

I think the tenses in the article are wrong or at least misleading. The article is written as if Algo is already enabled, but PortalBridge.com doesn't list Algorand There are some PRS on github with Algorand support for portal bridge v2, which isn't MainNet ready yet

Commented by /u/d13co in /r/algorand on May 17, 2022 18:36:44
/r/algorand/comments/urebdp/is_algorand_transaction_fee_fixed_to_0001_algo/i9011co/

Thanks! But also it seems to refer to the specific next protocol version, not _any_ protocol version.

Commented by /u/d13co in /r/algorand on May 17, 2022 18:01:00
/r/algorand/comments/urebdp/is_algorand_transaction_fee_fixed_to_0001_algo/i8zzi2m/

I wasn't aware of the 90% code consensus convention, interesting. Any sources I can dig into?

Commented by /u/d13co in /r/algorand on May 17, 2022 17:49:37
/r/AlgorandOfficial/comments/urml38/jumpbacked_wormhole_bridge_expands_to_algorand/i8zwkdu/

I think the tenses in the article are wrong or at least misleading. The article is written as if Algo is already enabled, but PortalBridge.com doesn't list Algorand There are some PRS on github with Algorand support for portal bridge *v2*, which isn't MainNet ready yet

Commented by /u/d13co in /r/AlgorandOfficial on May 17, 2022 17:28:21
/r/Tinyman/comments/urmw41/today_were_deploying_a_new_and_improved_farming/i8y834f/

Posting here to give you a rekeying workaround when we release our upcoming rekeying tool.

Commented by /u/d13co in /r/Tinyman on May 17, 2022 10:34:08
/r/Tinyman/comments/urcb79/does_anyone_have_a_sense_of_what_the_exit_day/i8xyt6x/

Exiting from an LP lower than your entry point introduces impermanent loss. Your also/usdc mix will be different to your entry. Personally I'm in Algo/usdc and will only exit the LP within 5% of my entry price, which is not exactly around the corner. I'd suspect most people who understand IL and don't need the funds will leave them in the LPs.

Commented by /u/d13co in /r/Tinyman on May 17, 2022 09:24:12
/r/algorand/comments/urebdp/is_algorand_transaction_fee_fixed_to_0001_algo/i8xff0u/

- minimum fee is in code, could be changed by Algorand inc, who are the code custodians and core devs, with or without governance vote - higher fees do not prioritize transactions over lower fees, it is first come first serve based on the order received on the block proposer participation/consensus node https://forum.algorand.org/t/how-do-transactions-compete-in-the-pending-pool/6528 - This prevents "frontrunning", a way bots abuse ETH DEX by sandwiching a swap right before&after using precise TX fees to manipulate the swap price or compete in swapping cheap NFTs, ebay-auction style but with money as well as precise timing. Largest fee wins

Commented by /u/d13co in /r/algorand on May 17, 2022 06:00:01
/r/algorand/comments/urebdp/is_algorand_transaction_fee_fixed_to_0001_algo/i8xevvk/

I asked in the forums about which tx would win when two mutually exclusive ones are in the pending tx pool: fee based, or first-come-first-served, or...? The response was first-come-first-serve*, which implies that higher fee tx are not prioritized, which is actually pretty great, as "frontrunning" is a way bots abuse ETH DEX by sandwiching a swap right before&after using precise TX fees to manipulate the price. \* With some nondeterministic properties, eg first seen on that particular proposer node on consensus, which isn't necessarily equal to first-broadcasted So I don't know that the suggested tx params you get from Algod will give you higher tx during congestion at this time.

Commented by /u/d13co in /r/algorand on May 17, 2022 05:52:18
/r/AlgorandOfficial/comments/uql6no/algorand_participation_node/i8xdz2j/

>If you want a really simple node, that anyone can use, you need a hardware solution, not a software one, because you need to secure and manage the whole stack for them, not just the node. Think Freedombone, but locked down like an iPhone. You can't just make a point and click installer. I think there are solutions in software already u consider before you have to go full hardware. Something container/image based like docker could work, for instance.

Commented by /u/d13co in /r/AlgorandOfficial on May 17, 2022 05:39:00
/r/AlgorandOfficial/comments/uql6no/algorand_participation_node/i8vyhfq/

Same issue with opening up relay nodes to the public: they must be incentivised to do a good job but also punished for downtime/censorship/...

Commented by /u/d13co in /r/AlgorandOfficial on May 16, 2022 20:13:22
/r/AlgorandOfficial/comments/uql6no/algorand_participation_node/i8vyc4j/

Rewarding participation must also come with punishing misbehavior. If your node can be proven to have acted "in bad faith" when chosen to propose a block or when validating a block, your staked Algo must be slashed to some degree. ETA: because you don't want to offer a landscape where you're financially motivating people to be attacking your chains integrity. Applies to my reply comment as well.

Commented by /u/d13co in /r/AlgorandOfficial on May 16, 2022 20:12:06
/r/AlgorandOfficial/comments/uql6no/algorand_participation_node/i8vy1p0/

>Just a precision, more participation nodes is not equal to more decentralization. But more participation _stake_ does, and adding a new node will almost always mean that new Algo is staked for participation. This increases the amount of Algo need to corrupt the network, which is 33% of participating Algos. A malicious proposer with a stake smaller than that won't be able to do much, as the validation stage of consensus will catch them out.

Commented by /u/d13co in /r/AlgorandOfficial on May 16, 2022 20:09:38
/r/AlgorandOfficial/comments/uql6no/algorand_participation_node/i8vxmbu/

>Once anyone can do it, you end up in a WordPress situation where half the network is completely insecure because nobody using it actually knows what they're doing. I'm guessing that what you mean here is that a raspberry pi with default credentials could be hacked easily if exposed to the internet. Otherwise there isn't much a newbie could do to fuck it up - it either works securely or not.

Commented by /u/d13co in /r/AlgorandOfficial on May 16, 2022 20:06:05
/r/algofi/comments/uqzbc8/cannot_opt_in_and_it_just_keeps_showing_these/i8vvuak/

Yes, tinyman opens Pera automatically when there is a transaction to sign but AlgoFi does not, you have to do it manually

Commented by /u/d13co in /r/algofi on May 16, 2022 19:51:16
/r/algofi/comments/uqzbc8/cannot_opt_in_and_it_just_keeps_showing_these/i8vvpia/

On Android at least I get different behaviors on tinyman vs AlgoFi: Tm switches to pera wallet automatically when a tx needs to be signed AlgoFi does not Oh and this: > And always make sure you disconnect when done ...is a recommended practice from other chains that doesn't really apply to Algorand, as a WalletConnect session doesn't have any privileges other than to send you a transaction to sign. It can't do anything by itself, so I'm not sure what disconnecting will accomplish.

Commented by /u/d13co in /r/algofi on May 16, 2022 19:50:11
/r/algofi/comments/ur7c87/governance_apr_discrepancy/i8vtbhj/

> “% returned for committed Algo” Thats the season rewards btw. 🎩⬆️

Commented by /u/d13co in /r/algofi on May 16, 2022 19:30:33
/r/defi/comments/uqob1o/psa_do_not_use_swap_functions_on_defi_exchanges/i8vszny/

Saw an r/cc post about big sites on AWS getting hit but no follow-up. I think it was coindesk and I can't find anything relevant tagged etherscan, which was one of the supposed targets, so they either retracted or it was bullshit to begin with. https://www.coindesk.com/tag/etherscan/ I think it would have made a bigger splash if true

Commented by /u/d13co in /r/defi on May 16, 2022 19:27:52
/r/CryptoCurrency/comments/ur25ka/a_police_report_has_been_filed_in_singapore/i8vqzva/

Crypto once meant "cryptography" Hacker was once a compliment (tinkerer)

Commented by /u/d13co in /r/CryptoCurrency on May 16, 2022 19:11:48
/r/defi/comments/uqsto6/can_usdt_could_crash_as_well/i8vqlse/

A bit dodgy that they haven't done a third party audit. USDC did one.

Commented by /u/d13co in /r/defi on May 16, 2022 19:08:39
/r/algofi/comments/ur7c87/governance_apr_discrepancy/i8vq3a8/

I think the AlgoFi one. In other such comparisons the difference has been how the investment time period is calculated per year. Some do 365/4 whereas others (correct imho) do number_of_governance_days. You can check the dates and numbers here: https://www.algorandstats.com/governance-period-3 Season rewards per Algo is 70.5 / 3680 currently: 1.91% Also bear in mind that this will go up as more wallets become ineligible or neglect to vote when the time comes in June. A lot of large wallets have dropped off already. If memory serves the apr started at 7%

Commented by /u/d13co in /r/algofi on May 16, 2022 19:04:33
/r/CryptoCurrency/comments/uq9ysp/does_anyone_know_what_is_happening_with_the_100k/i8r1ogz/

Does he do email or should I make a long distance ...

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 18:43:25
/r/algorand/comments/uq5yjf/heres_how_ethereum_rival_algorand_algo_can/i8qxs35/

They do that too but anyone can run an archival node that has the entire chain. Or a light node that keeps the last 1000 blocks and is as secure. I suspect the major cost is the network - seen 1GB/s min requirements for throughput - and bandwidth costs. That is usually more expensive than a 1-2 TB drive (even SSD) My opinion is that it is safer to have the whitelisted approach at this stage.

Commented by /u/d13co in /r/algorand on May 15, 2022 18:13:07
/r/defi/comments/uqaew3/put_100k_of_tuition_money_into_anchor_cut_losses/i8qwpil/

There are effectively no chances that UST can recover. The last hope was destroyed when Luna hyperinflated and reached circulation of 6.9T. this means that for Luna to go back to $1, the market cap has to be 6.9T. Total crypto market cap right now is $1.4T. If the UST backing is dead (Luna & BTC reserves) then all you're seeing with the ±% is wild speculation pumping and dumping and there are effectively no chances of breaching $0.5 again. Luna2.0 reimbursement is meant to happen based on a snapshot from the before times anyway. If you sell above $0.2 it will likely be great.

Commented by /u/d13co in /r/defi on May 15, 2022 18:05:09
/r/defi/comments/uqbpqc/97_of_crypto_hacks_were_against_defi_projects/i8qwath/

In the 90s, computer security was a joke. You could connect to random people's SMB shares exposing their entire hard drives over the internet. Servers were marginally more secure but hacks were rampant. There are growing pains associated with innovations like these, and when money is involved the incentives to break the system can make a bad guy rich.

Commented by /u/d13co in /r/defi on May 15, 2022 18:02:10
/r/algorand/comments/uq5yjf/heres_how_ethereum_rival_algorand_algo_can/i8qux6v/

They ~~don't~~ store all the data*, they're the high speed network backbone of the Algorand. Within the 4.5s it takes to produce a block, a lot of communication happens and it can't be peer to peer if you want high speed and reliability. * Edit: they do that too The actual "block production" happens in a very decentralized way, where a different kind of node - "participation nodes" - stake their Algo for a proportional chance to propose a block, after which 1000 more participation nodes will validate it (and the block will be accepted), or reject it (and the process will start over with a new proposer.) Neither is currently incentivised on chain, though relay node runners do receive some funding from the foundation for that service. Relays are run by algorand ecosystem partners and participants like Borderless Capital (VC behind Tinyman DEX & more), universities, etc. Most have a stake in seeing the ecosystem succeed. "Node rewards" are being discussed for current governance, along with DeFi and NFT rewards. ~~It isn't clear to me if this refers to relay or participation nodes.~~ (it is relay nodes) Let's look at how this all works from a consumer point of view: by this I mean Pera wallet servers, or an NFT marketplace server, or AlgoFi servers, etc. They run a "client node" that usually neither participates in consensus nor relays traffic. Each "client node" connects to **multiple** relays to send transactions and receive block data. This block data cannot be faked by relay nodes, as it is cryptographically signed and client nodes will automatically verify if a block is genuine or not. So what can a malicious relay node do? Basically: just not do its job well: stop or slow down the relaying of traffic - in total or selectively ("censor" certain wallets or dApps). What effect does this have on the network? In isolation, not much: each client node connects to multiple relay nodes, so there are multiple redundant communication channels, and if a few stop propagating e.g. Tinyman transactions, the rest will still do so and all will be well. As such, the current system makes a lot of sense: for relay nodes to really hurt the network, many different organizations directly invested in the ecosystem's success must collude to make their relays "malicious" - slow down or stop or censor. Why not open them up so anyone can run them? Wouldn't they be "truly decentralized?" Maybe, and it is likely that in the future it will be, but imho an incentives/penalties system is needed before the broader public can participate in running relay nodes. If Algorand opens up the relay nodes to everyone, and big bad $chain wants to sabotage Algorand, they can spin up 100 relay servers, join in and do their malicious deeds (which again are severely limited; would impact availability and performance **but not integrity**). Before relays can be made permissionless, algorand needs an incentives and penalties system for relay nodes: relay nodes must stake Algo as a guarantee that they will work in good faith. If they do, they should receive some rewards per Algo staked. If they are detected to be malfunctioning, intentionally or not, some of their staked Algo must be slashed as a penalty for attempting to harm the network. This will at least economically disincentivise an attack such as this, but it is a complex system that must work at Algorand-level quality, which is to say, very high. In summation, relay nodes are like the internet backbone: - They expensive to run (huge network and resource requirements) - Must be fast and reliable - If a few fail they can be routed around - They can't mess with cryptographically secured data (HTTPS or Algo blocks). My opinion is that opening them up right now could hurt the network far more than it would help it. TLDR: understand it or ignore it.

Commented by /u/d13co in /r/algorand on May 15, 2022 17:52:05
/r/algofi/comments/upmdaq/are_limit_orders_on_the_roadmap/i8q7vo4/

That's interesting, thank you. We'll have to check regulations and base ourselves appropriately.

Commented by /u/d13co in /r/algofi on May 15, 2022 15:03:27
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8q6fxq/

I genuinely can't tell. My position so far is "wait and see". I don't think there is enough info to tell. Do Kwon has liability either way, captain of the ship and all. But there's a difference between sunk his own ship vs failed to protect it against billions bank running it.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 14:52:46
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8pfs0n/

That is a different question altogether, which only binance & Gemini can answer. If either has public order book history you could also look for something big enough (volume wise. not conclusive) An explanation could be that it wasn't enough. Hard to say what exactly went down but if the bank run was funded with 100K BTC as rumoured, that already huge amount ($3b) is amplified by a) shorting on the attacker side and b) the market fleeing. It is a large enough sum to both make its own money by moving the market and create a stampede behind it.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 11:39:21
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8pf3cb/

>My original comment was semi sarcastic btw That doesn't travel well over text.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 11:34:14
/r/CryptoCurrency/comments/upuach/discussion_about_usdt_crashing_behind_the_scenes/i8peeh6/

> For starters, APY, or annual percentage yield, takes into account compound interest, but APR, which stands for annual percentage rate, does not. https://www.investopedia.com/personal-finance/apr-apy-bank-hopes-cant-tell-difference/ APR is smaller and looks more attractive when borrowing. It is also almost always deceptive, as borrowing interest compounds. Lending again usually auto-compounds the interest but in that case higher APx percentage=better for customer, so the bank advertises APY > The more frequently the interest compounds, the greater the difference between APR and APY. 10% APR compounding monthly is actually 10.47% APY https://www.aprtoapy.com/ Finally, the lending rewards can either be automatically compounding (you don't have to withdraw rewards and add them to lend) or mixed (some auto compound, some manual) or not at all. AlgoFi is an example that runs extra Algo rewards on lends and borrows, _which you have to claim manually_ (not compounding), whereas the base lend/borrow APR is actually compounded with the principal, so you end up paying/getting a slightly higher amount. In that case the manual-withdraw extra rewards should be displayed as APR while the base interest APY.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 11:29:01
/r/CryptoCurrency/comments/upuach/discussion_about_usdt_crashing_behind_the_scenes/i8ob93z/

APY> APR since it includes compounding, no? Still, that's dynamic so it isn't weird that it changed

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 04:37:43
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8oat8j/

I get that to some extend but... _waves arms frantically around_ _points at OP post_ !

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 04:31:29
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o75r0/

IDK man I'm seriously considering a concerted effort to discredit him/influence sub/Twitter. It could be organic anger/stupidity/misanthropic glee at victims of this but... too much alignment, not nearly enough doubt. We don't know what happened yet.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:39:29
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o6uc4/

Maybe, but so far I've seen overwhelming evidence of either massive stupidity on r/cc or a concerted effort to convince PONZI/RUGPULL on minimal evidence which... Idk. Fishy. Half++ of this will be judged in public opinion

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:34:56
/r/CryptoCurrency/comments/upvfe0/bitcoin_as_official_currency_worries_in_the/i8o6joc/

Oh sweet. I'll mint an NFT out of this amicable exchange on r/cc and name my first born son after its tx hash. This is new ground for me, I don't know how to act. What do I do with my hands?

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:30:48
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o6cz8/

Anyone smart enough would not dissolve the company before the rug so we're pitchfork-circlejerking again.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:28:09
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o675t/

> He can literally buy some verified cex account and short luna until he got millions of dollars and bail out. Yeah I guess but, he'd really trade his billion dollar ecosystem, plus reputation and likely future quality of life, for a few mil, while being a billionaire already? Naming his daughter Luna if he was rugging this all along? Dissolving the company before his supposed rug? Idk man. This post seems like super low effort smear campaign.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:25:51
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o5ulf/

Disappeared into binance and Gemini, where it was supposed to go. Check elliptic report.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:20:59
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o5qlu/

NoOo wE gOt hIm boiZ 11! pOn Ze PoN zEe **Chant with me** PON ZE **PON ZE** # PON ZE /s Remains to be seen. Fucking ridiculous this sub. This can't be organic stupidity, it is too much.

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:19:32
/r/CryptoCurrency/comments/upygce/do_kwon_disolved_terraform_labs_on_april_30th/i8o4rwi/

> CZ on Twitter: > "Where is all the BTC that was supposed to be used as reserves?" > Elliptic: > At 1am UTC on May 10th, [28,205 BTC] was moved in its entirety, in a single transaction, to an account at the cryptocurrency exchange Binance Feels like you should have known this, CZ

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 03:06:03
/r/CryptoCurrency/comments/upvfe0/bitcoin_as_official_currency_worries_in_the/i8o27nz/

I meant it in support of your exasperation. Trying to have a reasonable argument, failing and just wasting time. Moon farmers, coin pumpers/shillers, buttcoin residents, ...

Commented by /u/d13co in /r/CryptoCurrency on May 15, 2022 02:31:59
/r/CryptoCurrency/comments/upvfe0/bitcoin_as_official_currency_worries_in_the/i8nmtlg/

And this right here is the distilled essence of a million comments on r/cc

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 23:38:25
/r/CryptoCurrency/comments/ubv81z/psa_my_phone_just_guessed_my_private_key_if_you/i8nmian/

So > Honestly, I've heard of so many people getting their funds stolen, especially from cold wallets like ledgers... ... > I had to restore to a PC wallet using my words Not very "honestly", and presumably not "so many people", and definitely not "especially"? Either buy two ledgers up front to restore one to two (ideal - test your backups folks), or get a second one when the first one dies.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 23:35:23
/r/CryptoCurrency/comments/uplplk/friendly_reminder_about_litecoin_hate_away_i_dont/i8nb9fh/

Don't you hate it when you can't pass a transaction for _days_ and when you do it just absolutely _wrecks_ your ledger and your nodes are like _all bloody_ and... Why are you looking at me like that, other chains? This happens to you all, too - right, other chains? ^All ^chains ^get ^this ^sometimes, ^right? ^^Right? ^^^I'm ^^^good ^^^at ^^^cex ^^^right?

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 21:53:36
/r/defi/comments/upgeaw/we_should_let_luna_die/i8na8dc/

>Comparatively it might be stronger than other countries currency but the future of economy is in robots and algorithms So it's the worst for now except for all the others > If the USD is winning Back to if? > the vulture capitalism is going to consume you just like everyone else in the US Presume my origin much? Anyhow I'm going to bow out of this prophetic exchange like the simple minded sheeple I am, but honestly my dude... For your own sake I hope you're trolling or high cause that's a jumble of hyper crypto hopium and conspiracy theory -ish -speak that would have me worried if it came from one of my brothers: > Biggest disaster about to take down in human history > bill gates is shorting one of the most innovative companies of all time AT THE SAME TIME talking bad about a technology that could... > inevitable death machine > the future of economy is in robots and algorithms Crypto is here to stay, yes, but dismissing actual fiat as meaningless today shows a serious detachment from reality. When "the end" doesn't come, slow down, reflect, and reconsider your timelines.

Commented by /u/d13co in /r/defi on May 14, 2022 21:45:01
/r/CryptoCurrency/comments/upqjor/its_crazy_how_you_can_hodl_the_best_projects/i8n7nso/

YES said as much on Twitter: > It is extremely irresponsible to be bragging about your $LUNA 20x from $0.0001 to whatever it pumped to today. > Nobody should be buying Luna right now. > Shut the fuck up and consider the implications of your tweets (a Do Kwon master class) Response: > You're clearly an inexperienced crypto trader. If anything's going up, it's smart to buy it. Aha ""Experienced trader Pump=buy=lambo ez Why u poor"" Get fucked, dead coin pumper.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 21:22:17
/r/defi/comments/upgeaw/we_should_let_luna_die/i8n71ue/

>This whole idea of having the ultra credible super sustainable invincible pegged token to a currency that is on the verge of collapsing in the modern day [...] Citation needed. Sounds like a deranged btc maxi wet dream. USD is doing just fine compared to other fiat currencies that, you know, rule the world. Check USD/EUR. The economy's in the shitter and USD is winning. BTC has come a long way but we are still fighting for adoption in real (and digital) life. Also, the deflationary properties and overall crypto stock-like speculation/cycles means you only want to spend it at the peak of a bull market. Would you spend your BTC to buy a graphics card or the inflationary verge-of-collapse USD in your bank account? You and me "know" that in 5 years time BTC will be up, but "what's the point of a crypto that is pegged to real world fiat values"...? C'mon. I've held BTC for 10+ years so I'm onboard with the vision but you're very far off track or talking about 10+ more years down the line.

Commented by /u/d13co in /r/defi on May 14, 2022 21:17:01
/r/defi/comments/upgeaw/we_should_let_luna_die/i8n5jhf/

My read is that the crash was hard to avoid with this design: a volatile-token backed Algo stablecoin can't survive a very well funded bank run. The BTC reserves (or other stablecoin or cash) was the right answer but it wasn't completed and we don't know if it was deployed in time and optimally. The essence of the problem is that the reserve failsafe wasn't in place yet. The failsafe is also really expensive, and right now LFG aren't exactly flush with cash, so it isn't something you can just fix in a whitepaper - doubly so if your new chain launch is burdened by having to compensate your old chain users. Since this game will likely play out in exchanges next time too, an LFG exchange bot to buy up UST or Luna if it drops too low also seems to be a must

Commented by /u/d13co in /r/defi on May 14, 2022 21:03:52
/r/defi/comments/upgeaw/we_should_let_luna_die/i8n4yik/

With what money?

Commented by /u/d13co in /r/defi on May 14, 2022 20:58:51
/r/defi/comments/upeyau/the_luna_crash_is_an_insane_bloodbath/i8n4n2f/

>Pandora Cash is a new technology that offers 25 times more anonymity than Monero This makes your comment seem 50 times more shill than the average ASCII soup you see in these here halls

Commented by /u/d13co in /r/defi on May 14, 2022 20:56:05
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8n49ys/

Honestly I'm not convinced it was a fraud even (which would make the anchor APY complicit/suspicious and give the hurr-durr-Ponze crowd some semblance of correctness). They sunk how much money into building an entire fucking ecosystem? How much did they get back during the back run? Idk. "Owning" Luna/Terra seems much more desirable than a smash and grab bank run. It was in a position that chains spend billions to get at.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 20:52:53
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8lwv6z/

>US, which applies globally. Uhm. I suppose this is somewhat true if it went to court and he was extradited from his country of residence. Not sure what the requirements for extradition are but I'd be surprised if they were met in this case. SEC regulates US businesses. Who's taking whom to trial in the US to make it "apply globally"? Seems like very US centric thinking to me. Also re: globally: try to extradite a Russian, lol.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 15:10:35
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8lvyob/

>Money that was specifically set aside to maintain the peg Where do you think the peg fell? On DeFi? Of course not. On exchanges. We don't know what the BTC did at the exchanges but it was where it was supposed to go.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 15:03:31
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8lvmpo/

Source? What was going south? Let's see what their post mortem report says and what can be verified. Working chain and ecosystem should be more profitable than a once smash and cash grab. Anchor's rewards were always going to go down gradually - nobody promised 20% forever, it was an onboarding incentive akin to many Blockchain incentives or startups with war chest selling under market services to build network effects (eg Uber rides were heavily subsidized with VC money). It already went to 18% for May. Luna wasn't "always going to fail". If the BTC reserves were fully stacked _and_ deployed successfully then UST likely would have held peg. My read is that enough money to destabilize a small national currency shorted & bank ran at UST and the peg+BTC reserves failed. Do Kwon's insufferable persona on Twitter was insufferable but I haven't heard a solid argument about how this was an inside job/rugpull.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 15:00:56
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8lshlw/

Ponzi = take money from new investors to pay off old investors. Anchor was the opposite, giving old investors (VC) money to Anchor users to incentivise usage. Platform incentives like that exist on most chains, eg 290M ecosystem development fund on AVAX 2 months ago. By definition not a Ponzi. Maybe a rugpull if it was an inside job.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 14:36:56
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8ls14e/

They are working on a transparency/post-mortem report apparently.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 14:33:24
/r/CryptoCurrency/comments/upjjfk/do_kwon_is_turning_the_situation_from_a_failed/i8lrtr4/

Why is he liable for UST? In which jurisdiction? To me it seems to be a buyer-beware situation w/o regulation or legislation.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 14:31:49
/r/AlgorandOfficial/comments/upb60r/next_week_the_next_algorand_foundation/i8lpw5w/

Hah. Reddit s been glitchy all day for me

Commented by /u/d13co in /r/AlgorandOfficial on May 14, 2022 14:16:58
/r/algofi/comments/upmdaq/are_limit_orders_on_the_roadmap/i8lltf9/

/u/jaclarke would love to hear your thoughts on the potential service we are considering. If you have a few mins I will send you a brief and run it by you.

Commented by /u/d13co in /r/algofi on May 14, 2022 13:46:16
/r/algofi/comments/tksj5m/ledger_solutions_for_algorand/i8lkyyw/

Not sure if they fixed it but Trezors reputation tanked for me when a research team extracted private keys from a locked Trezor with "jumper cables" Losing your hardware wallet shouldn't lead to losing your crypto. Got a nano X and love it. I don't really care how/if Trezor's UX is better.

Commented by /u/d13co in /r/algofi on May 14, 2022 13:39:53
/r/terraluna/comments/rxdp27/terra_is_so_good_i_would_reccommend_to_all/i8lcw0n/

I highly doubt that the Luna foundation & investors made bank with this attack after all the investment they put in. That would make it a scam (rugpull, not ponzi) Occam's razor to me says this was a well timed, very well funded bank run.

Commented by /u/d13co in /r/terraluna on May 14, 2022 12:38:36
/r/CryptoCurrency/comments/up7o9q/we_are_ready_to_listen_this_is_a_maximum_fud/i8lcla3/

Never taken down a small economy, not sure if you'd make enough bank shorting on the way down to break the PoS chain and be profitable. Seems like it was for UST but it is a slightly different model. George Soros made a cool billion shorting the pound as well in the 90s.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 12:36:23
/r/terraluna/comments/rxdp27/terra_is_so_good_i_would_reccommend_to_all/i8lakg2/

I wasn't - the lending rate wasn't at 20% The borrow-lend rate deficit was funded by VCs as a promotional marketing stunt that is legit. Ecosystem Rewards are not ponzinomics https://www.reddit.com/r/algorand/comments/upht2b/ecosystem_rewards_does_not_a_ponzi_make And Anchor wasn't a Ponzi by definition. Maybe Luna was a rugpull, maybe not. A $3B bank run collapsing UST is more likely but who knows if we'll ever find out

Commented by /u/d13co in /r/terraluna on May 14, 2022 12:21:21
/r/AlgorandOfficial/comments/uovmln/discussion_can_algorand_inc_or_algorand/i8l692i/

Done: https://forum.algorand.org/t/relay-node-permissionless-ness-clarification/6886 I think it is (1), making it somewhat semi-permissioned. You can run your own relay node and talk to it with your own participating nodes but public participating nodes rely on the permissioned relays for traffic. Opening up the relays to anyone without a strong incentive/punishment system would be a _terrible_ idea. Relays have the power to stall/censor/slow down the network. If they have nothing to lose by doing it a motivated attacker can spin up as many relay nodes as they want and slow it down, censor transactions (eg selectively not propagate a particular address or app), etc. EDIT: sorry, repeated myself from upstream - been doing a lot of that this week, the FUD and misinformation is pumping ATH (eg Anchor=PONZI) The tech isn't there for safe permissionless relays. Opening them up to win an r/cc decentralization argument and suffer DDOS or performance issues or censorship seems like a terrible idea. At least there should be staking/slashing to make this an _expensive_ attack. In PoS it isn't impossible to attack it, just very expensive. The sybil attack threshold is 33% and a huge bank run ala [UST could theoretically get that much and rewrite history](https://www.reddit.com/r/CryptoCurrency/comments/up7o9q/we_are_ready_to_listen_this_is_a_maximum_fud/i8l5817/), ruining the chain forever. This is certainly FUD-ish but it is worth considering well before a suicide conspiracy between the Foundation and all major stakeholders and reputable universities that run relay nodes.

Commented by /u/d13co in /r/AlgorandOfficial on May 14, 2022 11:49:12
/r/CryptoCurrency/comments/up7o9q/we_are_ready_to_listen_this_is_a_maximum_fud/i8l5817/

Any small PoS chain can fail to a $3B bank run + sybil attack. Attacker crashes the price, buys 33% of tokens, stakes them on a validator, writes their own history, tanks reputation and chain trust forever. "Decentralization" of token ownership would hurt there if 33% of the circulation becomes available to purchase. It seems unlikely but how many people will hold my beloved Algorand if a bank run crashes the price from $0.42 to $0.02? 33% of active ALGO circulation (7.2B) is 2.38B. Fight me.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 11:41:24
/r/CryptoCurrency/comments/up2wlm/do_kwon_i_am_heartbroken_about_the_pain_my/i8l0kej/

BTC was an adequately smart play/investment, if only it was finished before the bank run and deployed successfully. It is the crypto blue chip and moves slower than the rest of the market. It is likely that $1.5B in any currency wouldn't hold up vs the initial 100K BTC that started the bank run, if you consider the attacker gains by shorting and the market flight multiplicative effect.

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 11:05:31
/r/defi/comments/upeyau/the_luna_crash_is_an_insane_bloodbath/i8l08of/

Absolutely re: TA Small time traders that do TA would short btc day before yesterday and big money would do a short squeeze to kil them. If something like this happened we'd see an unexpected temporary pump everywhere for half a day. Oh shit - _checks charts_

Commented by /u/d13co in /r/defi on May 14, 2022 11:03:00
/r/defi/comments/upeyau/the_luna_crash_is_an_insane_bloodbath/i8kmkkp/

>Influencers are not always right Almost never* Either paid shilling or too late or plain wrong.

Commented by /u/d13co in /r/defi on May 14, 2022 09:07:25
/r/AlgorandOfficial/comments/uovmln/discussion_can_algorand_inc_or_algorand/i8kmguc/

The faq and various other resources indicate to me that the gossip network still only propagates whitelisted relays. I'll ask explicitly on the Algorand forums to make sure. If you join as a relay, getting a lot of traffic doesn't mean you're connected to non-relay, you could be getting relay traffic only. It makes sense to keep an eye on relays as a motivated attacker could introduce a lot of malicious relays that either work intermittently or discriminate and drive down network quality. Obviously the whitelisted approach won't scale but I can't think of a simple solution - it likely needs to involve Algo staking on relay part and slashing when misbehaviour is confirmed, plus a trusted way to detect misbehaviour. So it's a whole complicated subsystem

Commented by /u/d13co in /r/AlgorandOfficial on May 14, 2022 09:06:24
/r/CryptoCurrency/comments/up7o9q/we_are_ready_to_listen_this_is_a_maximum_fud/i8jl3lc/

I thought they hold a lot of illiquid debt. If the cash reserves run out during a bank run, what then? Run to get a loan against the debt they hold while putting up a BRB sign on the front desk? Trade it at any available rate to get liquidity and pay out?

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 01:01:28
/r/CryptoCurrency/comments/up7o9q/we_are_ready_to_listen_this_is_a_maximum_fud/i8jk3xg/

>sufficiently collateralized So was UST until it met a billion++ dollar bank run. It has to be both over collateralized and the collateral had to be liquid enough to withstand what has already happened to one stablecoin

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 00:50:25
/r/CryptoCurrency/comments/up2wlm/do_kwon_i_am_heartbroken_about_the_pain_my/i8jioem/

>The way he roasted that economist that knew exactly what the issue with his project was disgusted me. Really fucking dumb as well to multiply the publicity of the eventual attack vector Like, stfu, ask your tokenomists if it's viable threat, stack BTC to guard and don't run your mouth on Twitter

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 00:35:34
/r/CryptoCurrency/comments/up2wlm/do_kwon_i_am_heartbroken_about_the_pain_my/i8jih1m/

And built on cosmos no less Calm down Rick Sanchez

Commented by /u/d13co in /r/CryptoCurrency on May 14, 2022 00:33:35
/r/Tinyman/comments/up4lme/when_will_the_tinyman_staking_program_end/i8jhbvm/

If you joined at this price level make sure you understand that you'll be missing out some percentage of Algo price gains to Impermanent loss https://dailydefi.org/tools/impermanent-loss-calculator/

Commented by /u/d13co in /r/Tinyman on May 14, 2022 00:22:05
/r/defi/comments/uozxur/theres_only_one_way_to_save_luna_and_ust/i8j4bow/

>Ponzi by definition is a scheme that relies on paying existing investors with capital from new investors. Only correct part of your comment. Anchor didn't take your deposits and pay back the VCs. The VCs were happy to give that money to attract usage of their chain. Luna imploded because the algorithm failed to hold peg against a multi billion bank run and the reserve BTC wasn't successfully deployed (or enough) to hold it. A 100,000 BTC run against your coin or even national currency will ruin you unless it's over collateralized _and_ immediately liquid

Commented by /u/d13co in /r/defi on May 13, 2022 22:22:00
/r/algorand/comments/u8v53q/check_your_reserved_algos_optout_tool/i8j2095/

Hey! You did the integration! Well done, looks great.

Commented by /u/d13co in /r/algorand on May 13, 2022 22:02:30
/r/AlgorandOfficial/comments/uorjid/algorand_and_napster/i8j1002/

You're being obtuse. Nothing is stopping the band from adding the n% "recoupment" from ticketmaster on to their price already. The m% that ticketmaster pockets is still a gain for both customers (less fees) and artists (more customers can attend)

Commented by /u/d13co in /r/AlgorandOfficial on May 13, 2022 21:54:12
/r/AlgorandOfficial/comments/uorjid/algorand_and_napster/i8ii0wx/

I don't think ticketmaster fees kick anything back towards "tour income". > TicketWeb, a network partner of Ticketmaster that caters to the small and mid-size concert venues for Ticketmaster, charges a $6 service fee on top of the $20 ticket face value. https://culturaldaily.com/ticketmaster-separated-artists-fans/ So I'm either going to pay $50 to tour and $20 to ticketmaster, or $50 to tour and $0.006 tx transaction, and say $0.1 in dApp fees

Commented by /u/d13co in /r/AlgorandOfficial on May 13, 2022 19:17:52
/r/algorand/comments/u1t85o/running_a_relay_is_not_permissioned_getting_paid/i8if825/

Late to the party but this comes up every once in a while: /u/BioRobotTch Do you know if you relayed traffic from clients (non-relay algods) or only from other relays?

Commented by /u/d13co in /r/algorand on May 13, 2022 18:55:25
/r/AlgorandOfficial/comments/uovmln/discussion_can_algorand_inc_or_algorand/i8ieasz/

I don't think so - algorand's network is hub-and-spoke, where the hubs are the relays. Only nodes configured to be relaying will relay messages to clients. Without relay nodes, client nodes would not talk to each other. > Non-relay nodes only connect to relay nodes. They never connect to other non-relay nodes. https://developer.algorand.org/docs/run-a-node/reference/artifacts/#phonebookjson ~~But anyone can join the relay node list if they have the bandwidth~~ this bit was probably incorrect

Commented by /u/d13co in /r/AlgorandOfficial on May 13, 2022 18:48:05
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