the investors (mostly me) in the museum, the investors (mostly not me) in the fund, any meme card holder, etc etc
Shit Punk Says
Oceans of Wisdom
20,635
matching drops
#1553800
2026-10-20 16:15
to put it differently
i did not ask anyone to buy a subscription to discord or to oncyber or anywhere else and for the same reason
and that is why boys and girls we learn the lesson that we do not invest money in centralized digital services
and oncyber is effectively no more
he did not take the leap
i thought there was a way it could work
we spent quite a lot of time working on it
rayan had a plan along those lines
whoa font size
you will note that every single place I have touched money:
- NFTs for museum
- NFTs for fund
- NFTs for network
it is only if the underlying is a decentralized token
-
but in the end he did not get there
Rayan thought he could do it (decentralize)
could not figure out how to decentralize it effectively so it never left 'testnet' - never took a penny from anyone bc it was not only centralized, but the demands of graphics meant it was going to stay that way for the foreseeable future
come on, wheres my 3D OM to walk around in
why will that eliminate the risk factors
like at the 1155 level? Is that not techncially possible?
even within NFTs there are big differences
what happens when hugo wants to assign it to his collection
what "Cryptopunks"?
another stupid question: why can we not just limit it to certain token types at the protocol level?
(this is the hardest part)
and priced on an ongoing basis
so it has to be priced
xTDH creates a small, variable but real cost
does not change the fact that assigning xTDH to 6529 Raw will cost nothing to index and assigning the same amount of xTDH to "every holder of $rekt" will cost many orders of magnitude more to index
and it is a great way to move the discussion forward
using an actual implementation
and it is a great way to move the discussion forward
very explicitly
we launched a testnet
do you think it's a good idea to be so far along with xTDH without having answers to these problems. if we launch a centralized version and then have to take it back?
it can't be spread thin over any arbitrary indexing task
the TDH-$6529 economic security has to protect the core network
in 2126
who is taking up the slack to keep indexing it
100 years from now we are both dead
and I currently incent @[maybe] to index it
let's say I make an absurdist xTDH allocation
the forever part is the hard part
with a gas cost closely tied to the actual cost plus a fee
Chainlink you literally pay an indexer
it has to have the bounding of $
you can't let people just create unbounded indexing costs forever
i am more worried about who is going to pay for it
ZKP are magical like that
i am less worried about accuracy
if you have ZKP you can check their work with the nodes
so obviously there needs to be an indexer on a chain for xTDH to be tracked. Ideally a network of indexers all checking each others work and they all need to run zk proofs and get paid for their indexing. this is what you are currently thinking about
but again the "we" is doing a lot of work here
not right now but I can't see any reason in principle we should not support that eventually
i Haven’t tried yet, but can I use xtdh for Solana things or BTC things?
cc @[simo] @[GelatoGenesis] the above
my sense is that it is close but not 100% right yet
until we are happy
we play with it
it is reversible right now
it is centralized