this post was submitted on 09 Oct 2023
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the_dunk_tank

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It's the dunk tank.

This is where you come to post big-brained hot takes by chuds, libs, or even fellow leftists, and tear them to itty-bitty pieces with precision dunkstrikes.

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Wait, so you’re the co-founder and the intern at the same company?

yes

The company exists to minimise the cost of increasing the speed of a transaction with "gas fees". Sort of like when you pay for something with your debit card and then pay a second company to make the transaction go through in under a day.

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[–] [email protected] 44 points 1 year ago* (last edited 1 year ago) (2 children)

https://nitter.net/PopPunkOnChain/status/1711477399320244344#m

I don’t have a wife.
I don’t have a son.
I’ve never owned ApeCoin.

Thanks for playing.

Log in -> spread misinformation

Apparently his company is called Gaslite, too. Viral marketing campaign?

[–] [email protected] 18 points 1 year ago

Good bit tbh

[–] [email protected] 15 points 1 year ago (1 children)

Apparently his company is called Gaslite, too. Viral marketing campaign?

Tech grifters really, really like masks of irony for what they're doing. There's a psychological tendency known as "duper's delight" and I think they crave that.

[–] [email protected] 5 points 1 year ago

Very much the grade-school conceptualization of intelligence where basic adherence to the social contract and assuming the person you're taking to isn't being intentionally obtuse is somehow a sign that you're dumber instead of just less sociopathic.

[–] [email protected] 34 points 1 year ago* (last edited 1 year ago)

See, this is the kind of shit that radicalizes young people. Older generations just nonchalantly gambling their children and grandchildren's futures and losing it, and then what? Often the responsibility is shifted to the ones who lost everything due to their greed and negligence.

stonks-down - "Like, sorry, no college fund for you, but I heard bootstraps work just as well" shrug-outta-hecks

Well, I bet their son will eventually be interested in a copy of Das Kaptial very-smart

[–] [email protected] 28 points 1 year ago (2 children)

I've been told, many a time, that Ethereum is "one of the good" cryptocurrencies.

I've known about "gas fees" for years and how the rent-seeking is built right in.

The most euphoric of cryptocultists even told me that maybe the Ethereum blockchain would "form a neural net" over time and become sapient, or even start The Singularity(tm).

soypoint-1 no-mouth-must-scream soypoint-2

These are not well informed or critically thinking people.

[–] [email protected] 12 points 1 year ago (1 children)

Get out of here with your reason skeptic.

The crypto Messiah is nigh! It gestates in a web of a thousand thousand blockchains, and feeds upon the broken dreams and lost hopes of crypto bros.

Yea shall it deliver us from centralised currency or something! Gaze upon it and weep for your salvation.

[–] [email protected] 10 points 1 year ago* (last edited 1 year ago)

I know you're joking, but judging by what my-hero named one of his many IVF children (Techno Mechanicus), he like many cryptobros missed the point of the (originally intended, at least) satire of 40k.

[–] [email protected] 6 points 1 year ago (1 children)

is Ethereum dead yet? because i know a horrible abusive person who had all their money in etheruim 2 years ago and im rooting for his downfall.

[–] [email protected] 7 points 1 year ago* (last edited 1 year ago) (1 children)

It isn't just not dead; it's the basis of many secondary grifts, such as NFTs. NFTs were minted from the start using ETH and charging "gas" each and every time while burning the planet down a little faster.

[–] [email protected] 6 points 1 year ago (1 children)

bleh awful! thank you for the update tho.

[–] [email protected] 6 points 1 year ago (1 children)

It's down 30-70% from 2 years ago fwiw depending on when they bought. One Ether is worth about 1500 USD right now but there were spikes in 2021 to like 3-4 grand.

[–] [email protected] 5 points 1 year ago* (last edited 1 year ago)

sicko-beaming die shitcoin die!

[–] [email protected] 27 points 1 year ago (2 children)

It will come back it’s a blue chip project .. your just a bit early

...

35K is cheap price to realize your ex wasn’t loyal ..

When you reach all time highs this next cycle don’t look back!

https://x.com/jamieMiner9/status/1711477947360489730

Incredible.

[–] [email protected] 9 points 1 year ago

Not loss if u don't sell

.50 cal right to the brainpan of all these useless cryptobros

[–] [email protected] 24 points 1 year ago
[–] [email protected] 20 points 1 year ago

Listen up loony liberal, my wife and apes left me.

[–] [email protected] 20 points 1 year ago (1 children)

all the replies are bluechecks lmao

[–] [email protected] 6 points 1 year ago

All the replies twitter shows you are blue checks.

[–] [email protected] 15 points 1 year ago

All my apes done

[–] [email protected] 12 points 1 year ago

All those pictures of stonks-down on his fucking fridge che-laugh

[–] [email protected] 11 points 1 year ago

That’s because you didn’t slurp juice it

[–] [email protected] 3 points 1 year ago* (last edited 1 year ago)

The company exists to minimise the cost of increasing the speed of a transaction with "gas fees". Sort of like when you pay for something with your debit card and then pay a second company to make the transaction go through in under a day.

Not what the company's website says (or means). Gaslite.org says they are a B2B company that helps make other companies' smart contracts more gas-efficent. So they look at code and say, e.g., "you can use a storage pointer here instead of copying to memory, and this will make it require less compute to deploy and run", and the client company implements those changes before deploying. The thing that determines transaction ordering is the price per compute. So users paying a higher per-compute rate on a transaction to jump the line is a very different thing than somebody changing their code to require less compute.

Anyway what that actually means is he's a freelance dev who will charge stupid companies a lot of money to run hardhat-gas-reporter on their code.