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.

  • UlyssesT [he/him]@hexbear.net
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    1 year ago

    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™.

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

    These are not well informed or critically thinking people.

    • Saeculum [he/him, comrade/them]@hexbear.net
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      1 year ago

      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.

      • UlyssesT [he/him]@hexbear.net
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        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.