Blockcloud is a scam ⛔ I don't always scream "scam" at every project, but this is next level. Everyone knew it was just a shitcoin with meaningless tech and no use cases - so a soft scam - but it's wasn't as bad, no one can predict the future. Anyway, what Blockcloud has been doing is outrageous:
1) Completely screwed private sale by giving almost no tokens at IEO
2) Kept selling foundation tokens at x20 posting charts of "moon lambo trading"
3) They have delayed the distribution yet again, for the third time - till mid-summer
Blockcloud made around/over 6M USD profit! Update: it's more factually correct to appeal to reverse raise shenanigans here rather than call specific actions. The fact that no one got the IEO sale and the private sale unlock was constantly being postponed, speaks for itself. Exact number is not as relevant here. Here is what reverse raise is.
In general, the primary market is now rekt. No one wants to touch seed or private sale. SAFTs mean nothing. Projects bend over at exchanges' will. You risk hugely by being vested for a century or have your bonus completely reversed Ifor being an early supporter. Demand an extra mile of accountability from projects going forward...
1) Completely screwed private sale by giving almost no tokens at IEO
2) Kept selling foundation tokens at x20 posting charts of "moon lambo trading"
3) They have delayed the distribution yet again, for the third time - till mid-summer
Blockcloud made around/over 6M USD profit! Update: it's more factually correct to appeal to reverse raise shenanigans here rather than call specific actions. The fact that no one got the IEO sale and the private sale unlock was constantly being postponed, speaks for itself. Exact number is not as relevant here. Here is what reverse raise is.
In general, the primary market is now rekt. No one wants to touch seed or private sale. SAFTs mean nothing. Projects bend over at exchanges' will. You risk hugely by being vested for a century or have your bonus completely reversed Ifor being an early supporter. Demand an extra mile of accountability from projects going forward...
Professor coins strike again 🤓
NKN, IOTA, Avalanche, Perlin... who was first?
-> Apparently, IOTA is just going to do DPOS Avalanche: twitter.com/ercwl/status/1133724442658562050
-> Which is very similar to what NKN is trying: twitter.com/NKN_ORG/status/1134156239380787200
-> Which is in fact has been a battle of perlin for a long time: https://news.1rj.ru/str/cryptocodereviews/53336
-> Which is what tried to be debated by Near Protocol: https://medium.com/@itsnear/what-avalanche-paper-is-not-c047cf512c16
-> To which CTO of Perlin replied to as switching to just Snowball: https://twitter.com/Dranithix/status/1132388693694509056
A bunch of fugazi words, right? But you know what? No one gives a fuck about your new consensus.
Deal with it. Blockchain is a piece of old technology, no need to make 100 consensus layers. Surely, academic papers are important, but it's mostly how techies like to measure their pipi's. What matters is success determined by users and the value you bring them. Having the best paper and being the first paper is not a secret sauce. Another project will take your tech and then implement it in 1 day, retaining full network effects.
Which is why I don't believe in ETH killers and some new Layer 1's. That just doesn't cut it. Crypto is no longer about that research, there is too much noise. Crypto is now a startup business, where you have to work on community retention, product marketing, and build something users need - and not only what your dev friends like to code.
Will try to make a new article on Token as a Product in the coming week.
NKN, IOTA, Avalanche, Perlin... who was first?
-> Apparently, IOTA is just going to do DPOS Avalanche: twitter.com/ercwl/status/1133724442658562050
-> Which is very similar to what NKN is trying: twitter.com/NKN_ORG/status/1134156239380787200
-> Which is in fact has been a battle of perlin for a long time: https://news.1rj.ru/str/cryptocodereviews/53336
-> Which is what tried to be debated by Near Protocol: https://medium.com/@itsnear/what-avalanche-paper-is-not-c047cf512c16
-> To which CTO of Perlin replied to as switching to just Snowball: https://twitter.com/Dranithix/status/1132388693694509056
A bunch of fugazi words, right? But you know what? No one gives a fuck about your new consensus.
Deal with it. Blockchain is a piece of old technology, no need to make 100 consensus layers. Surely, academic papers are important, but it's mostly how techies like to measure their pipi's. What matters is success determined by users and the value you bring them. Having the best paper and being the first paper is not a secret sauce. Another project will take your tech and then implement it in 1 day, retaining full network effects.
Which is why I don't believe in ETH killers and some new Layer 1's. That just doesn't cut it. Crypto is no longer about that research, there is too much noise. Crypto is now a startup business, where you have to work on community retention, product marketing, and build something users need - and not only what your dev friends like to code.
Will try to make a new article on Token as a Product in the coming week.
Spark it Up 💥
One of the most discussed projects of 2018-2019... After a year of weird communication, questionable development, and so on - the token unlock of SPRK is about to happen.
A terrible paid interview with Ivan on Tech seems to have convinced nobody. There is no fundamental focus from the community, because what is there to look at? But maybe we are all in a bubble, but everyone else likes them? 🌚
Pamp or damp? Your prediction:
One of the most discussed projects of 2018-2019... After a year of weird communication, questionable development, and so on - the token unlock of SPRK is about to happen.
A terrible paid interview with Ivan on Tech seems to have convinced nobody. There is no fundamental focus from the community, because what is there to look at? But maybe we are all in a bubble, but everyone else likes them? 🌚
Pamp or damp? Your prediction:
xDai DPOS @xdaistable
P2P payments... Boring. P2P payments in a stablecoin... Subnoscription market, payments - still not hot enough. Stable chains for every stable coin, with private ZK Dai payments, bridges, and more... This is getting hot!
I like the narrative and the insanely fast development speed. One staking token can ensure security on every sidechain as well. Read some preliminary research, later on it will probably be updated: t.me/ivangbi_diary/602
Waiting for the numbers!
P2P payments... Boring. P2P payments in a stablecoin... Subnoscription market, payments - still not hot enough. Stable chains for every stable coin, with private ZK Dai payments, bridges, and more... This is getting hot!
I like the narrative and the insanely fast development speed. One staking token can ensure security on every sidechain as well. Read some preliminary research, later on it will probably be updated: t.me/ivangbi_diary/602
Waiting for the numbers!
Time to FUD myself
So Binance announced the split between a US and an International exchange, essentially how Bittrex US - Bittrex International had it for some time. Binance already has the Jersey, Singapore and other compliant platforms which you can access with fiat. But no shitcoins. Ouch. Another thing, CZ has always been the guy who is able to stick a stiff one into the legal questions and make his movie keep rolling. That's why Binance managed to have that liquidity, one of the reasons. Whatever your beef with them might have been, they are still a freaking leader.
But this recent trend of hardcore regulatory pressure shows that no one can escape the big brother, even CZ of Binance. Considering that a huge amount of volume is coming from the US, this essentially says that shitcoins will not be available to that huge capital anymore, unless you go really illegal and buy KYC accounts.
Let's split assets into 2 categories:
1) BTC, ETH, and major (old) alts which might be useless - but they are so old, they are compliant. Those will be available to the big capital which are trying to do portfolio management or whatever else, just putting money into every big coins and stuff like that. Inflow of capital. Everyone needs it.
2) Shitcoins. I love shitcoins. Shitcoins is everything that is not BTC, ETH or the useless old alts which managed to become somewhat compliant. Those will be available only either via some shady routes and shady KYC stuff, or on smaller exchanges. Smaller exchanges means low liquidity. Low liquidity means it's easy to pierce through the books with 1 ETH orders. Easy to pump, easy to dump. Thst's fine! But there is one problem. It mean they might never outgrow that period. Because big capital might never get access to them.
And this trend might just continue. Big capital is compliant, and will be restricted access to those volatile assets, our lovely shitcoins.
What is the problem of shady routes and buying KYC accounts? Compare Silk Road to a compliant market. Despite everyone in crypto liking the new paradigm and so on, everyone benefits from big money coming in, even if it is stupid. Don't you want banks, family offices, or businesses to start buying your shitcoins? Of course, you do! But then you need to comply. Everything here is built on economic incentives after all. I wouldn't say volume will shit to those who accept the US, because nowhere where there is volume - US is accepted.
There is always information assymetry. Not everyone will learn how private keys work, only 5% will. Not everyone will know what your project does, only 5% will. The rest is a crowd, and you need that crowd to grow as a company, project, product, or whatever else. And the more we are pressured, the harder it is to get that 95%.
Rephrased from some twitter post I saw yesterday:
You: I want to trade this asset.
Gov: you can't, it's not compliant.
You: but freedom of money?
Gov: you will lsoe money, we can't let you do it.
You: ok I understand, I studied. May I?
Gov: no, you can't buy this.
You: but it has good risk-return exposure.
Gov: no, get 1% interest and stay poor.
You: ...
Gov: JAIL.
So Binance announced the split between a US and an International exchange, essentially how Bittrex US - Bittrex International had it for some time. Binance already has the Jersey, Singapore and other compliant platforms which you can access with fiat. But no shitcoins. Ouch. Another thing, CZ has always been the guy who is able to stick a stiff one into the legal questions and make his movie keep rolling. That's why Binance managed to have that liquidity, one of the reasons. Whatever your beef with them might have been, they are still a freaking leader.
But this recent trend of hardcore regulatory pressure shows that no one can escape the big brother, even CZ of Binance. Considering that a huge amount of volume is coming from the US, this essentially says that shitcoins will not be available to that huge capital anymore, unless you go really illegal and buy KYC accounts.
Let's split assets into 2 categories:
1) BTC, ETH, and major (old) alts which might be useless - but they are so old, they are compliant. Those will be available to the big capital which are trying to do portfolio management or whatever else, just putting money into every big coins and stuff like that. Inflow of capital. Everyone needs it.
2) Shitcoins. I love shitcoins. Shitcoins is everything that is not BTC, ETH or the useless old alts which managed to become somewhat compliant. Those will be available only either via some shady routes and shady KYC stuff, or on smaller exchanges. Smaller exchanges means low liquidity. Low liquidity means it's easy to pierce through the books with 1 ETH orders. Easy to pump, easy to dump. Thst's fine! But there is one problem. It mean they might never outgrow that period. Because big capital might never get access to them.
And this trend might just continue. Big capital is compliant, and will be restricted access to those volatile assets, our lovely shitcoins.
What is the problem of shady routes and buying KYC accounts? Compare Silk Road to a compliant market. Despite everyone in crypto liking the new paradigm and so on, everyone benefits from big money coming in, even if it is stupid. Don't you want banks, family offices, or businesses to start buying your shitcoins? Of course, you do! But then you need to comply. Everything here is built on economic incentives after all. I wouldn't say volume will shit to those who accept the US, because nowhere where there is volume - US is accepted.
There is always information assymetry. Not everyone will learn how private keys work, only 5% will. Not everyone will know what your project does, only 5% will. The rest is a crowd, and you need that crowd to grow as a company, project, product, or whatever else. And the more we are pressured, the harder it is to get that 95%.
Rephrased from some twitter post I saw yesterday:
You: I want to trade this asset.
Gov: you can't, it's not compliant.
You: but freedom of money?
Gov: you will lsoe money, we can't let you do it.
You: ok I understand, I studied. May I?
Gov: no, you can't buy this.
You: but it has good risk-return exposure.
Gov: no, get 1% interest and stay poor.
You: ...
Gov: JAIL.
IDEX going KYC -> FINE
We all knew it. IDEX is introducing KYC and DNA tests. But there is nothing bad about it.
In most jurisdictions, a transaction below a certain amount of USD is not even checked by the authorities. For instance, if you pay 5K USD for a piece of software, that is still considered to be normal, and no one will check anything. The resources of the gov agencies are so constrained that they only follow >X USD transactions. Below that, they can't physically care.
So this means we can be flipping shitcoins and airdrops on IDEX just via a fake email address. Pretty eeasy stuff, could have been worse.
https://medium.com/idex/idex-kyc-transition-period-and-updated-asset-availability-for-us-markets-set-to-begin-d45e945f842d
We all knew it. IDEX is introducing KYC and DNA tests. But there is nothing bad about it.
In most jurisdictions, a transaction below a certain amount of USD is not even checked by the authorities. For instance, if you pay 5K USD for a piece of software, that is still considered to be normal, and no one will check anything. The resources of the gov agencies are so constrained that they only follow >X USD transactions. Below that, they can't physically care.
So this means we can be flipping shitcoins and airdrops on IDEX just via a fake email address. Pretty eeasy stuff, could have been worse.
https://medium.com/idex/idex-kyc-transition-period-and-updated-asset-availability-for-us-markets-set-to-begin-d45e945f842d
Medium
IDEX KYC Transition Period and Updated Asset Availability for US Markets Set to Begin
We previously announced our intention to incorporate KYC and AML compliance policies into the IDEX platform. Today we’re ready to share…
Many recent IEOs have never even been known to any community. Absolute random shady coins.
As it seems, exchanges loudly yelled "fuck it" and stopped pretending to do project due diligence.
They see there is no correlation between value & price, so users just want to long or short as well.
It's not news, this was the case before, but bear market amplifies the hopelessness of people.
Exchanges slam marketmakers onto random lowcaps and have people gamble. But it's fine!
Up until there is cash flow from projects assuming adoption, all of the partnerships matter none and are no better than just gambling.
Right now: a shitcoin with a marketmaker > a coin with legit use cases. Because of the cashflow shortage, either from usage or community belief.
If you want to see value and fundamentals play out, you need to stay through the washout.
As it seems, exchanges loudly yelled "fuck it" and stopped pretending to do project due diligence.
They see there is no correlation between value & price, so users just want to long or short as well.
It's not news, this was the case before, but bear market amplifies the hopelessness of people.
Exchanges slam marketmakers onto random lowcaps and have people gamble. But it's fine!
Up until there is cash flow from projects assuming adoption, all of the partnerships matter none and are no better than just gambling.
Right now: a shitcoin with a marketmaker > a coin with legit use cases. Because of the cashflow shortage, either from usage or community belief.
If you want to see value and fundamentals play out, you need to stay through the washout.
Origin of Blockchains 🌿 Nature
You might be familiar that the way decentralized networks work resembles an efficient ecosystem, the likes of how the DNA functions. Here is some really cool content which dives into how blockchains could evolve based on cell theory.
A nice Sunday read: https://medium.com/id-theory/on-the-origin-of-blockchains/home
You might be familiar that the way decentralized networks work resembles an efficient ecosystem, the likes of how the DNA functions. Here is some really cool content which dives into how blockchains could evolve based on cell theory.
A nice Sunday read: https://medium.com/id-theory/on-the-origin-of-blockchains/home
Portions of a social network can thus turn into filter bubbles, in which individuals see only an algorithmically curated subset of the larger conversation. Filter bubbles reinforce political views, or even make them more extreme, and drive political polarization.
This can be related to hating DPOS in crypto, believing some pamp alt will change the future, and so on... A very interesting read 👉 https://www.nature.com/articles/d41586-019-02562-z
This can be related to hating DPOS in crypto, believing some pamp alt will change the future, and so on... A very interesting read 👉 https://www.nature.com/articles/d41586-019-02562-z
Why is my amazing product not mooning? - there is nothing good and bad, it all depends on how much someone else values it. And when your industry is not valued at all in general, the answer is clear.
In a terrible market, you can have the best product in the world and an absolutely killer team, and it doesn’t matter — you’re going to fail. — Marc Andreessen
The Founder’s Guide to Markets 👉 https://anujabrol.com/the-founders-guide-to-markets-345c8bc2991c
In a terrible market, you can have the best product in the world and an absolutely killer team, and it doesn’t matter — you’re going to fail. — Marc Andreessen
The Founder’s Guide to Markets 👉 https://anujabrol.com/the-founders-guide-to-markets-345c8bc2991c
Political Theology of Crypto
Crypto unlocks an ancient form of political theology which uses the power of truth to ensure that the ‘laws’ of the system cannot be broken.
⛓ http://cryptosovereignty.org/the-political-theology-of-crypto/
Imho: the technology executes how we designed it to do it. But it's the social consensus that gives a cryptocurrency its value. There is no right or wrong in the code itself, it's what people make out of it. If your fork does not appeal to "social", it will simply exist there as the "wrong" chain and lose that much value accordingly.
Crypto unlocks an ancient form of political theology which uses the power of truth to ensure that the ‘laws’ of the system cannot be broken.
⛓ http://cryptosovereignty.org/the-political-theology-of-crypto/
Imho: the technology executes how we designed it to do it. But it's the social consensus that gives a cryptocurrency its value. There is no right or wrong in the code itself, it's what people make out of it. If your fork does not appeal to "social", it will simply exist there as the "wrong" chain and lose that much value accordingly.
There Is No Tech Backlash
Have you heard pitches about privacy-oriented technologies, abolishment of the old social media, and users fleeing Facebook and Instagram? It's all fake.
I am not a fan of articles in big publications as they are often very biased, but this one is decent 📲 https://www.nytimes.com/2019/09/14/opinion/tech-backlash.html
An average user will not run a node. Will not care about who handles their data. Will not care who handles their bank account.
But maybe... YOU should care?
Have you heard pitches about privacy-oriented technologies, abolishment of the old social media, and users fleeing Facebook and Instagram? It's all fake.
I am not a fan of articles in big publications as they are often very biased, but this one is decent 📲 https://www.nytimes.com/2019/09/14/opinion/tech-backlash.html
An average user will not run a node. Will not care about who handles their data. Will not care who handles their bank account.
But maybe... YOU should care?
WeWork: Shitcoin of Real World 🤢
I guess you have all heard about WeWork and its continuously failing IPO. It's really astonishing!
-> Valuation "from $67 billion to $10 billion in 7 days" pre-IPO still
-> CEO Adam Neumann has made millions in deals leasing properties to his own company
-> Facebook raised $2.2 billion pre-IPO. Google raised $130m pre-IPO, Ebay $6.9 million. WeWork has raised $14 billion so far.
The only reason it was valued at $47 billion is purely because one individual in Japan bafflingly and solely invested a total of $12 billion, in 9 separate funding rounds, each at double the price (and valuation) he (and he alone) paid less than 6/12 months prior. - averaging up? 😂
A fun story about Adam & Miguel doing crazy stuff, and how being an accredited investor doesn't mean having a gram of a brain 👉 https://www.zerohedge.com/markets/wework-fraud
I guess you have all heard about WeWork and its continuously failing IPO. It's really astonishing!
-> Valuation "from $67 billion to $10 billion in 7 days" pre-IPO still
-> CEO Adam Neumann has made millions in deals leasing properties to his own company
-> Facebook raised $2.2 billion pre-IPO. Google raised $130m pre-IPO, Ebay $6.9 million. WeWork has raised $14 billion so far.
The only reason it was valued at $47 billion is purely because one individual in Japan bafflingly and solely invested a total of $12 billion, in 9 separate funding rounds, each at double the price (and valuation) he (and he alone) paid less than 6/12 months prior. - averaging up? 😂
A fun story about Adam & Miguel doing crazy stuff, and how being an accredited investor doesn't mean having a gram of a brain 👉 https://www.zerohedge.com/markets/wework-fraud
ProgPow 🎰 Ethereum, miners, ASICs - all you need to know
In short: ASIC & GPU meme for ETH is live again - centralization, sir?
Evil rich Chinese mafia running ASICs, and holy GPU miners available to every human being like me and you - that's what the discussion has been around many protocols for years.
The past few days this topic has been increasingly hot as some believe it can lead to a fork of Ethereum. With all the attention ETH PoS and 2.0 have been getting, and some major improvements been made with new ETH clients, for some god-forsaken reason core devs decided to put time into making incrimental changes on the current PoW algo instead of just speeding up the development. In fact, even if you decide to go with ProgPow, it will take months before it's implemented, in which case you are better off just speeding PoS.
Is it worth to deal with it now? Some say yes, because GPU mining will enable people to run nodes as a normal human being. ASICs, meaning existing mining farms, are supposed to be against it. What is actually true here? Well, apart from lack of audits, weird timing, IP concerns, and more - hopefully it won't lead to ETC2.
What is ProwPow?
EIP 1057: ProgPoW, a Programmatic Proof-of-Work. ProgPoW is a proof-of-work algorithm designed to close the efficiency gap available to specialized ASICs. It utilizes almost all parts of commodity hardware (GPUs), and comes pre-tuned for the most common hardware utilized in the Ethereum network.
EIP Website techy: https://eips.ethereum.org/EIPS/eip-1057
Some interesting throughts and reads
Ameen of Spankchain/MolochDAO against ProgPow - https://twitter.com/ameensol/status/1175430960734715906
Brendan of Dharma against ProgPow - https://twitter.com/brendan_dharma/status/1175260964347711488
Alex van de Sande against ProgPow - https://twitter.com/avsa/status/1175449754467229698
🤔 Are miners just evil people outside of our crypto economy just dumping our ethers - or are they unwanted but required executioners helping the network?
In short: ASIC & GPU meme for ETH is live again - centralization, sir?
Evil rich Chinese mafia running ASICs, and holy GPU miners available to every human being like me and you - that's what the discussion has been around many protocols for years.
The past few days this topic has been increasingly hot as some believe it can lead to a fork of Ethereum. With all the attention ETH PoS and 2.0 have been getting, and some major improvements been made with new ETH clients, for some god-forsaken reason core devs decided to put time into making incrimental changes on the current PoW algo instead of just speeding up the development. In fact, even if you decide to go with ProgPow, it will take months before it's implemented, in which case you are better off just speeding PoS.
Is it worth to deal with it now? Some say yes, because GPU mining will enable people to run nodes as a normal human being. ASICs, meaning existing mining farms, are supposed to be against it. What is actually true here? Well, apart from lack of audits, weird timing, IP concerns, and more - hopefully it won't lead to ETC2.
What is ProwPow?
EIP 1057: ProgPoW, a Programmatic Proof-of-Work. ProgPoW is a proof-of-work algorithm designed to close the efficiency gap available to specialized ASICs. It utilizes almost all parts of commodity hardware (GPUs), and comes pre-tuned for the most common hardware utilized in the Ethereum network.
EIP Website techy: https://eips.ethereum.org/EIPS/eip-1057
Some interesting throughts and reads
Ameen of Spankchain/MolochDAO against ProgPow - https://twitter.com/ameensol/status/1175430960734715906
Brendan of Dharma against ProgPow - https://twitter.com/brendan_dharma/status/1175260964347711488
Alex van de Sande against ProgPow - https://twitter.com/avsa/status/1175449754467229698
🤔 Are miners just evil people outside of our crypto economy just dumping our ethers - or are they unwanted but required executioners helping the network?
MakerDAO to become MakerKYC? 🤐
If you know Ethereum, then you know DeFi, then you know Maker. It's one of the only successful and relatively large blockchain working products/protocols. Think of 1 DAI as $1. What makes it unique is each DAI is backed by Ether instead of a 3rd party claiming to have the required collateral - you just have that collateral on-chain. Here is a nice read: https://hackernoon.com/whats-makerdao-and-what-s-going-on-with-it-explained-with-pictures-f7ebf774e9c2
Anyway, previosuly Maker team initiated a vote on making a MCD: multi-collateral with some weird illiquid coins, no offense. This was weird enough by itself, but now the team is going even further, suggesting to make collateral with real-world assets. No comment is needed to explain how it will impact the idea of a a decentralized stablecoin, right?
Here is a reddit thread if you want to know more and see some ideas:
https://www.reddit.com/r/ethfinance/comments/d6y6mx/including_nontrustless_assets_in_mcd_a_hidden/
Question ❓ Does the Maker project face a huge problem if it includes permissioned/non-trustless assets in the MCD collateral pool?
If you know Ethereum, then you know DeFi, then you know Maker. It's one of the only successful and relatively large blockchain working products/protocols. Think of 1 DAI as $1. What makes it unique is each DAI is backed by Ether instead of a 3rd party claiming to have the required collateral - you just have that collateral on-chain. Here is a nice read: https://hackernoon.com/whats-makerdao-and-what-s-going-on-with-it-explained-with-pictures-f7ebf774e9c2
Anyway, previosuly Maker team initiated a vote on making a MCD: multi-collateral with some weird illiquid coins, no offense. This was weird enough by itself, but now the team is going even further, suggesting to make collateral with real-world assets. No comment is needed to explain how it will impact the idea of a a decentralized stablecoin, right?
Here is a reddit thread if you want to know more and see some ideas:
https://www.reddit.com/r/ethfinance/comments/d6y6mx/including_nontrustless_assets_in_mcd_a_hidden/
Question ❓ Does the Maker project face a huge problem if it includes permissioned/non-trustless assets in the MCD collateral pool?
TON Official Info & Code 🤓
Did you also get liquidated? No worries, Vitalik... uhh I mean another russki, Pavel, and his infamous blockchain TON, are here to save muh familie.
200,000 - 400,000 USD prize pool 🤑
This is actually the first official information released by Telegram about its blockchain TON. Includes Developer tasks related to Smart Contracts implementation, TON VM, bug bounty, and so on. 🤷♂️ If you are not retarded like me, you can still avoid working in McDonalds and buying a lambo with the prize money. Details: https://news.1rj.ru/str/contest/103
GitHub Looks Rekt 😖
Since the news are official, we can finally know that from all the fake repos, this one is official: https://github.com/ton-blockchain/ton/issues.
And oh boy is it rekt... The issues are ranging from "what the fuck is this" to "do you know what an SDK is". Clearly, developers are not impressed, and an EOS russki fanboy put a funny issue in there as well "have you ever built anything before or heard about optimization?"
Can it be a heterogeneous forest once again? Looks like it, so far, but it's sad and unexpected to see a great app/team make something that shitty for 1B.
PS: I am not enforcing it yet, thoughts to follow later. You are still probably 500% rekt if you bought it. Well, that is if your pool ever sends the coins to you...
Did you also get liquidated? No worries, Vitalik... uhh I mean another russki, Pavel, and his infamous blockchain TON, are here to save muh familie.
200,000 - 400,000 USD prize pool 🤑
This is actually the first official information released by Telegram about its blockchain TON. Includes Developer tasks related to Smart Contracts implementation, TON VM, bug bounty, and so on. 🤷♂️ If you are not retarded like me, you can still avoid working in McDonalds and buying a lambo with the prize money. Details: https://news.1rj.ru/str/contest/103
GitHub Looks Rekt 😖
Since the news are official, we can finally know that from all the fake repos, this one is official: https://github.com/ton-blockchain/ton/issues.
And oh boy is it rekt... The issues are ranging from "what the fuck is this" to "do you know what an SDK is". Clearly, developers are not impressed, and an EOS russki fanboy put a funny issue in there as well "have you ever built anything before or heard about optimization?"
Can it be a heterogeneous forest once again? Looks like it, so far, but it's sad and unexpected to see a great app/team make something that shitty for 1B.
PS: I am not enforcing it yet, thoughts to follow later. You are still probably 500% rekt if you bought it. Well, that is if your pool ever sends the coins to you...