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Joined 1 year ago
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Cake day: June 13th, 2023

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  • There is a UFS-II specification and even a PCIe version specifically for micro SD cards. It was all planned out, and it would have been trivial to tell consumers: “Yo need card with more contacts as shown in picture”. But no, the biggest manufacturer of flash storage is samsung, and they decided they’d rather sell higher storage capacity phones as a premium. Easy to do when you’re the second biggest manufacturer of of phones and apple already paved the way.








  • Can they teach me how to remove the license check from an app? I don’t want it for free, I paid for it and would gladly pay another 50 times, rather I want to get rid of the google play framework altogether and it’s the only irreplaceable app that doesn’t work on microG :(



  • Same here. Donated not only to cover my installs, but also for everyone I recommended it to. I hope the f-droid version wont be affected, otherwise I have to uninstall the upcomming bloat- and spyware ridden versions manually from a bunch of devices smh.

    I mean I am fine with apps not being maintained and eventually break, but selling out and breaching trust like this is exactly how regular companies would treat me and why I chose FOSS in the first place.





  • itsmect@monero.towntoMemes@lemmy.mlIRS be like
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    11 months ago

    May I introduce you to our lemmy instance? Sending over $600 without the IRS feeling up on you, lol.

    I don’t condone tax evasion, but I do oppose mass surveillance and firmly believe “innocent until proven guilty”. The biggest tax evaders are large corpos and megachurches anyway.



  • itsmect@monero.towntoMemes@lemmy.mlLols
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    1 year ago

    The more the better for security, the upper practical limit is golds inflation rate, the lower practical limit is the percentage of coins that become lost or inaccessible. That puts the viable range to 1.5-0.2%, roughly. To be clear, I’m not worried about bitcoins current rate, but rather that it will drop further and further.


  • itsmect@monero.towntoMemes@lemmy.mlLols
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    1 year ago

    You are clearly knowledgeable about the things you’re talking and made a conscious decision. It seems like we agree that there is some risk, but you consider it insignificant while I it’s quite substantial. Only time will tell whose right.

    Monero’s inflation is not a percentage, but rather a fixed 0.6XMR per block. This mean as the supply grows, the inflation percentage will slowly go down, so there’s no exponential losses like with fiat inflation. Currently the 0.6XMR/block work out to 0.9% of the mcap, in the year 2100 it will be down to 0.5%: https://moneroj.net/tail_emission/ (<- great site btw, it has a few BTC diagrams as well). The tail emission was chosen so that it works out to be less inflation then gold, but high enough to have a decent security budget.


  • itsmect@monero.towntoMemes@lemmy.mlLols
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    1 year ago

    Bitcoins current budget is sufficient at about 1.6% (= 8B USD) annually. After next halfing it will be about 0.8%, similar to Monero’s budget. In 2032 it will be about 0.2%. If Bitcoins price doesn’t increase, the budget would only be 1B USD; if it does increase, a 4T mcap would be secured by still only secured by 8B. Either way, the more time passes, the easier Bitcoin becomes to attack. How much longer do you think bitcoin will last?

    The (original) selling point of crypto is that it can’t be manipulated, even by nations with practically unlimited power and funds. Side chains sacrifice some of the immutability for other aspects and are a at best workaround instead of solution. So far there is little evidence to show that transaction fees will one day make up for the loss in block rewards.

    The primary competitor to Monero is not Bitcoin, but gold, whose inflation sits at about 1.5%. Proponents of tail emission have long left bitcoin, and rather contribute to a project which aligns with their views. The remaining crowd will therefore be biased, don’t take their word as gospel.


  • itsmect@monero.towntoMemes@lemmy.mlLols
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    1 year ago

    The security budget is total fiat denominated miner reward of the entire network. The higher it is, the the more resistant bitcoin becomes to 51% attacks.

    As you know, each halfing decreases the block reward, which is currently the largest part of the total miner reward. In order keep a steady security budget, the price and market cap has to double each time as well. But remember, the security budget stays constant, so an ever increasing amount is secured by a relatively lower share.

    Transaction fees make up the remaining tiny share, and I honestly don’t see it growing much. Because the higher this fee becomes, the more people will find ways to avoid it, and just keep it on exchanges, custodial solution or lightning. This reduces the decentralization , the primary feature of bitcoin, and thereby reduces it value proposition.

    All this can be side-stepped by having holders pay a small, program-ably guaranteed fee proportional to their holdings, which is then paid out to miners. Yes, this is similar to inflation, but as long as it is lower than fiat inflation I can be worth the trade off. Considering how cult like bitcoin holder are, I don’t think this is a change they are willing to make, at least not before it’s too late.