Raveen Kumar

Crypto Currencies

Was watching The Boys season 3, episode 4 and I found this quite funny.

Who is Satoshi Nakamoto?

From Who is Satoshi Nakamoto?:

What we’re left with is Satoshi’s trillion-dollar creation, a small cache of communications, and maybe one final gift. “Lost coins only make everyone else’s coins worth slightly more,” Satoshi wrote, in response to a 2010 BitcoinTalk thread about users losing access to their wallets. “Think of it as a donation to everyone.”

Just me trolling a crypto scammer

A Discord chat: a scammer says “I give out coins” and asks “Do you even have a coin at all”; I reply “i have”, and to “Which one” I send a photo of a ₹10 coin in my palm: “This one”. Scammer: “Really funny. I don’t think you can handle my coin.”

Why are gas fees so high?

An Ethereum wallet showing an estimated gas fee of $34.42 for a transaction, with an “Insufficient funds” error

Look at this guy ripping apart ethereum.

A Berkeley CS 161 lecture slide by Nicholas Weaver: the Ethereum blockchain does 600,000 additions per second at a cost of $250 a second, while a Raspberry Pi 4 does 3,000,000,000 additions per second and costs $45 to buy forever — “the ethereum world computer is 1/5000th as powerful as a $40 raspberry pi”

#Funny