Why I'm not worried about a resurgence of inflation
TL/DR: Despite massive fiscal stimulus packages and seemingly never-ending quantitative easing programs, I don't believe we're headed towards a world of out-of-control inflation. Why? The prospect of permanent economic scarring in certain sectors due to extended lockdowns coupled with rapid technological adoption are two factors that are likely to keep price pressures low. Investors seem quite concerned about rising inflation risk, which is likely supporting the strong bid for inflation-hedging assets like gold and bitcoin year to date. Adding fuel to the fire, top money managers, like Bridgewater and BlackRock, have been vocal in financial media lately about the risk of a high-inflation regime down the road. A high-inflation regime would be a remarkable departure from the past decade, where inflation was relatively tame even despite ultra-low interest rates and the introduction of unconventional monetary policy tools, like quantitative easing (see chart here: https://ibb.co/Dt8nVFC). Similar to what was observed over the past cycle, I don't see recent policy action leading to sky-high inflation in the future.
First, it's important to note that fiscal and monetary stimulus is aresponseto a weak economic outlook. Direct income assistance (i.e. the CARES Act) is meant to help offset lost wages due to extended lockdowns and business closures. Those who believe inflation is going to materially rise would argue that the government built a "bridge too far" - though so far the pandemic has outlasted the duration of U.S. stimulus measures.
Second, the pandemic has supercharged the digital economy. E-commerce is exploding (see chart here: https://ibb.co/7GQknX6) - a long-term trend that I believe is likely here to stay. It is well studied that e-commerce is a deflationary force (read more here: https://www.nber.org/papers/w24649). The intuition is straightforward - the internet increases price transparency, lowers barriers to entry, fuels competition, and increases aggregate supply. More online shopping is likely to keep goods price inflation in check for now. This goes without mentioning innovations in the services sector, such as telehealth and online education, which could also keep inflation at bay.
Lastly, as a professional investor focused on global macro, predicting where the global economy is headed is hard and an incredibly humbling exercise. I prefer preparing my own portfolio for a range of outcomes - so while I personally hold some gold and bitcoin, I wouldn't bet the farm on a resurgence of inflation in the future.
Business Project: Bitcoin Mining. Internet's Bullion farming while teaching self to Program a Good MMO on Kongregate.
Idea for A business project. Buy Gold to control an economy on a given MMO game. Since all items give you gold you can make money on the site if you believe kongregate gold points or whatever is valid trading form. If the owner starts to make more profit then send the business proposal get them to invest and lend their talents to the project/future better MMO. Since it is on Kongregate all my gold coins can be Added bonuses by buying Minutes and Credit Purchases on my Phone, Through my phone, via my Credit Account. All Eventually Open Store and Pay for students to intern on their off-time playing with a Business Account by percentages. Kongregate Points to Gold ratio is dependant on what we decide to cash out on via Gamestop's Bonus System. Free Games=Free Ebay/online sales Money. Can Pay People to Ghost Manipulate whatever. Once we get good we can lend out side projects for Companies that make video games. Since this is all self taught by reverse engineering economically UPWARDS a Current MMO that has multiple Servers. Maybe start out as a Video Game Team. Sponsored and everything. Is there a way to make enough money so that we can disregard Electricty costs and make even more BitCoins... Basically boosting NAS into your Bullion Mining Engine. ~As said by DjMeztoome as of 5:01 PM CST 10/16/2011
Bored? Looking for something to do? Start with this list of things to do in the Sacramento area.
(Credit for the below list has to be given to u/BurritoFueled, who created the original list in 2014 and updated it a year later. Almost two-thirds of the items below are still from that original list. All I’ve done with the list is revive it a little bit by updating dead links and making little tweaks when necessary. Also, thanks to those that submitted new additions to the list last week. Over a third of the below items are new and a lot of the original items have had newer information added onto them.) People are always looking for something to do around here. Maybe you’re a transplant, unaware of what this area has to offer, or maybe you’re a lifelong resident, tired of the same old thing. Well friend, if you fall into the latter category, do not despair. There’s actually plenty of things to do in the Sacramento area – things of interest to almost any lifestyle, personality, or budget. So, whether you’re an athlete, geek, eccentric, hipster, weirdo, sexual deviant or just a normal person looking for a new activity, below is a list of activities for you to try. Please note that it includes only activities that take place at least a few times a year – no one-off events or festivals here. Enjoy this list. If you have any suggestions of your own to add, comment below in this thread. I'll try to keep this as up to date as possible. Away we go. UPDATED 10-6-20 (Note: Due to the current pandemic, some of these activities may be curtailed or not offered at all.)
Become the next Tiger Woods (the golf part, not the cheating, getting your windshield smashed by your wife with one of your golf clubs part). Start by hitting up a driving range at Top Golf or Haggin Oaks.
Purchase the sweetest sweet corn in all the land at the Davis Ranch in Sloughhouse.
When you're done in Sloughhouse, head a little further up the Jackson Highway (just past Rancho Murieta), hang a left on Michigan Bar Road, and cross the bridge (it's safe, trust me!) for one of the most historic, beautiful, and adventurous road trips in the entire area. Make sure you bring a hearty vehicle and avoid during winter and spring.
Check out – or offer your services – at the Oak Park Fix-it Café, a community-powered gathering for repairing and maintaining bicycles, clothing, household items, and the ties that bind a healthy community.
Buy some tricks, attend magic workshops, and become the next David Blaine at Grand Illusions.
Go watch some horseracing at Cal Expo. It’s harness racing from November through April and then traditional horseracing during the state fair. Want to end up with small fortune at the end of your day at the track? It’s easy. Just start your day there with a large fortune.
Watch some high school football! The Sacramento region boasts some of the best high school programs in the state. Check out top notch teams like Grant, Elk Grove, Folsom, and Del Oro to see potential NCAA Division 1 and NFL players of the future.
Watch some college football! Sac State had a huge resurgence in 2019 and UC Davis has always had a solid program. You can also check out the JC teams such as ARC and Sac City.
If Live-Action Role Play (LARP) floats your boat, Sacramento Valley Amtgard has the battles, weapons workshops, and skills classes you've been looking for.
Take a ride on the Sacramento River Train. You can ride the train or power along the tracks yourself with railbikes. They have different train excursions, including beer tasting and wine tasting trips. If you want to book a trip on a weekend, book early.
Want to learn how to fish? Try Fishing in the City from the California Department of Fish and Wildlife. After you’ve learned, check out the blog from FishingBooker on where and when to go fishing and what to expect. For some recent local recommendations, check here, here, here or here.
If fishing tours are more your style, catch your lunch on a guided fishing tour of local waterways.
Take in a play at one of Sacramento's smaller, edgier, more contemporary community theatre companies, like the Big Idea Theatre.
Do you like beer and visiting breweries, but don’t like driving between them? Midtown Sacramento has got you covered! Make a day of it by visiting these breweries, all within easy walking distance of each other: At Ease, Sacrament, Big Stump, Golden Road, Fieldwork, and Alaro. If you don’t mind walking a few extra blocks, you can add Device and Urban Roots to the list.
Ever wanted to learn to sail, kayak or row? You’re in luck! The Sac State Aquatic Center offers lessons for those activities and more.
Antiquing never gets old, right? Visit Midway Antique Mall in Citrus Heights (focusing almost solely on midcentury wares), Antique Trove in Roseville, or the Antique Fair that happens every second Sunday on X Street, under the freeway.
Want to become the next Picasso? You gotta start somewhere, so take a paint and sip class at The Painted Cork in Midtown Sacramento or Historic Folsom.
It’s well known that you can play miniature golf at Scandia, but did you know that there are indoor mini golf courses in the area as well? Try SacMiniGolf in Old Sacramento, Flatstick Pub in DoCo downtown, or even glow-in-the-dark indoor mini golf at Monster Mini Golf in Rancho Cordova or at CaliGlo in Elk Grove.
The Sacramento Cactus and Succulent Society meets, and hosts a talk, at the Shepard Garden and Arts Center in McKinley Park monthly and welcomes guests. They also do field trips and their Annual Show and Sale is a must-see event for plant lovers.
Not to diminish the concert series at Fair Oaks Village Park, but when you hear "concerts in the park", everyone knows that is the Concerts in the Park series in downtown Sacramento. Live local and national acts perform on Friday evenings in the summer, and it’s totally free. If you’re not good with crowds you may want to give this a miss because it is packed!
Vacation or day trip so close, yet feel so far away, along the Delta. Rent a boat, jet skis, a cabin or camping spot, buy some bait and tackle, and/or eat out at various locations on the river.
Take a drive around the world’s smallest mountain range: the Sutter Buttes. You can actually drive around and hike the Sutter Buttes in the same day, however hiking is not free, you must do it as part of a guided group and you have to reserve a spot in advance.
[Crosspost]I am Ryan Quinn, candidate for Iowa House District 57 AMA!
EDIT: AMA HAS CONCLUDED. Click HERE to read Ryan Quinns answers on everything from Bitcoins to Term limits to Labor laws and more. VoteDEM hosts a down-ballot Democratic candidate for an AMA every wednesday. I am Ryan Quinn and I am a Democrat running for The Iowa Legislature in House District 57. I am a software engineer by trade but have always been passionate about politics and have volunteered on campaigns often since first going door to door with my parents canvassing in 1984. I have been a supporter of open source software throughout my career having created the SymphonyOS Linux distribution in 2004. I've worked both for local companies in web development and for global companies having first joined DigitalOcean as one of the first twenty employees and helped in it's growth to nearly 700 people when I left and now working in Developer Relations at MongoDB as a remote employee helping to build community and promote education in tech. In 2018 I spent most weekends leading up to the election driving the Democratic candidate for this seat as she canvassed across Dubuque County. This year I was concerned as the primary season went by without a Democratic candidate stepping up and in August I reached out to friends with the county party to learn how I could help us win back this seat. I was told that the party had not been able to find a candidate despite this district having more registered Democrats than Republicans and it having been a Democratic district prior to the current incumbent's two terms. Most candidates for public office spend months making a decision and putting things in motion but I was told that the special nomination convention would be in just two days. Having the passion and ability to seek this office and knowing the alternative would be an uncontested seat I felt compelled to step up. I spoke with my wife and kids and before the end of the week I was the nominee for Iowa House District 57. Since kicking off my campaign in mid August I have found a great group of volunteers, found support from my friends and co-workers and benefited from the assistance of other local Democratic legislators and the county party. Starting from zero we now have over 200 yard signs out around the county, delivered a direct mail piece to all 3550 Democratic and No Party households voting absentee and placed door hangers at another 2000 homes. Without direct support from the state party or large PACs we created radio and video ads in-house which are now running on five local radio stations and on YouTube and Facebook. While this race is an uphill battle it is winnable! District 57 includes most of Dubuque County outside the city and consists of rural areas, small towns and suburbs. With factories, farms and tourist attractions the district is a microcosm of Iowa. Registered Democrats outnumber registered Republicans by a couple hundred with a large contingent of No Party voters. The key issues that are important to me are:
Fully funding our public schools and returning Iowa schools to being the best in the nation.
Fighting for working families by supporting a fair minimum wage and making sure that agencies tasked with ensuring safe workplaces are properly funded.
Ensuring affordable and accessible healthcare including mental health services and reversing the GOPs disastrous experiment in the privatization of our Medicaid program.
Restoring the collective bargaining rights of our teachers and all state employees.
Not sure why this wasn't posted before: Olaf Carlson on Eth's crazy gas situation. DeFi choked every Dapp sector out, but Polkadot welcomes them.
For any new guys, Olaf Carlson runs the biggest crypto VC fund, Polychain Capital. He is bullish on Polkadot. https://www.youtube.com/watch?v=92Bx7otttNY&t=2975s Text: Interviewer - "Let's talk about the fee issue on Ethereum. At the moment a simple trade on Uniswap can cost something like $40 and more complex transactions for yield farming are even more expensive. Do you think Ethereum will scale in time to retain all its market share in DeFi considering that the explosion is already here and already pushing Ethereum's limits?" Olaf - "In short, I don't think it will be able to scale fast enough. Whether that just slows down the market or whether aspects of the market go to other chains its too early to say. DeFi is very exciting for Ethereum but in a weird way is actually really really bullish in my mind for systems like Polkadot or Dfinity that are from an engineering perspective just candidly far ahead of Ethereum. They don't have the network effects, users, wallet installs, or anything that Ethereum has, but Polkadot is live and working and scalable right now, today. And so I do think we'll see a lot of DeFi migrate from Ethereum to Polkadot in maybe the short term. Long term I'm hopeful that Ethereum can scale and upgrade and change. But that all said, what's much more exciting to me about these new systems launching that have either better scalability features or like Web Assembly or WASM based virtual machine compatibility so you can write programs in many different programming languages all of these sorts of features are exciting not just to narrowly compete in DeFi. It's exciting to me because it will enable new types of applications that simply aren't possible on Ethereum today. Much in the way that Ethereum enabled all sorts of applications that weren't possible on bitcoin. Today we know that what's exciting about Ethereum is not that it narrowly competes with bitcoin's value proposition but rather expanded the scope of what was possible for the entire crypto universe. And we got things like stablecoins, things like lending contracts, ICOs, DeFi. And I think that systems like Polkadot are going to once again expand the universe of what is possible. Its not a zero sum game where its narrowly like which chain is gonna win DeFi. I think that's a very myopic view and it shows a lack of imagination about how many different types of applications these smart contract type structures will affect. So I'm very optimistic about scalability across the entire ecosystem but I'm less confident about the short term timeline of Ethereum. I just think that DeFi is moving way faster - like by over ten times at least - maybe closer to 50 or 100 times faster than Ethereum core protocol development. And I see no reason for that to change. I don't think Ethereum core protocol development has ever been fast and I don't see any reason to think that it will get faster. And DeFi has always been fast and I don't see any reason that it will get slower. So you add that combination of factors and yeah I do think that you will see applications migrating to more scalable chains. [...] I'm having conversations now with teams that have yet to launch on Ethereum that are saying should we launch on Ethereum or should we launch on another chain? Because the fee situation is completely - its really bad - like I don't think... it's not like this is a bump in the road. It is existential for the entire landscape of applications we're talking about. Right now you have to be transacting at least a thousand dollars per transaction for any of this to make sense from a fee perspective. And I would say that's the absolute baseline [...] more realistically you have to be using five or ten thousand dollars to really accept the kind of fees we're talking about. And a lot of people are using five or ten thousand dollars but obviously that's pricing a huge number of people out of this market." Some examples: Due to insane gas prices, Trial of the Gods card minting and trading will be deferred until the release of Immutable X I tried to buy 2 cards, worth $0.24 each. After gas, my transaction is $6.80! Hi, new player using Metamask to buy a couple dollars worth of cards on the marketplace, but everytime the gas price is something of >$15. $25 fee to buy a $2 card $50 transaction fee to roll the dice Minimum bet is now 3 ether to reduce gas cost as a % Overall, all the fees came up to about $140. Fees for Coinbase was about $2 and the fee to create the bet was like $130 Some dapps like God's Unchained and Augur are looking into L2 solutions, but those come with massive risks from a company perspective. See the Lightning Network's astounding lack of adoption as the primary example. Other dapps are just calling it quits:
Incorrect Assumption #2: Scalability wouldn’t be a problem This was an explicit assumption in our presentations: usability was more important than scalability, and given that there were so many deployed L2 solutions on the market (like xDai), as soon as scalability became a problem we would all move there. This turned out a deadly assumption: as soon as we had our email sign-in solution ready, gas fees on Ethereum made the whole process unworkable.
Reading between the lines: Even if L2 solutions were perfect today, most (non DeFi) dapps are still dead if they stay on Ethereum. Users need to pay upwards of $20 to enter and exit that L2, and I'm not sure if that's changing anytime soon. Gas fees are just not viable for the vast majority of dapps until Eth 2.0, and the part of Eth 2.0 that brings scalability is not happening until 2023~
How YFI came out of nowhere to become the fastest coin to reach $1B and the fastest coin to ever get listed on Coinbase
Note: As mentioned to the original 624 Reddit subscribers, there will be $YFI based Exclusive Original Content released here by myself and others from time to time. These kinds of interactive Deep Dives with a Q&A with fellow Investors / Beta Testers right afterwards is a rare thing in Crypto, and will only be found with this level of immediacy, social interaction, permanence, depth, and complexity of analysis and feedback on a platform like Reddit. A lot of projects have low innovation, just copying something that someone else has already done, but with small tweaks to things like variables in Smart Contracts. A few rare projects have genuine innovation, providing genuine value to investors and users by providing attractive new products that simplify a lot of things in this space. Even rarer are the Unicorns that not only have innovation, but they have innovation in spades, oozing out of every pore. $YFI is one of these types of Unicorns. The scope of products and rapidity of release of new revolutionary products of this project has been simply unmatched in the short history of Crypto. Since 2009, the world of crypto has never seen anything like this lightning fast pace of development spanning such a wide scope of products - optimized automated yield farming and lending that relentlessly hunts the best yields, crypto insurance on Smart Contracts, a revolutionary Stablecoin idea that essentially makes a USD altcoin "smart" with built-in yield farming capabilities for the first time, to name a few - all built by a genius Smart Contract Builder who provided the world the first Fair Launch token. Key to wrapping your head around the advantages that the yEarn Finance ecosystem has over - well, every single other option out there at this time - are the concepts below:
CeFi vs. DeFi
Smart Contract Stacking
The power of a Talented and Diverse DAO
To discuss these concepts, and to educate beginners, we have to understand what the terms above truly mean. This post doesn't discuss any particular products and their advantages, only the systemic advantages that are available only to $YFI. This project seems to attract the smartest and the highest risk taking of crypto investors, and an important thing in truly understanding all of the risks involved, is that you have to know the terms and concepts first. Even veteran crypto and DeFi users may be thrown for a loop by some of the innovative products and concepts that keep coming out of the YFI Labs. This project is going through an expansion phase, where the scope of everything and the reach of the various released products is increasing (Insurance, A truly pegged Stablecoin, yETH Version 2, ySwap, yLiquidate, etc, etc..) You know that there's some motherforker or twenty that is now just avidly waiting for every piece of code that Andre drops onto GitHub, so that they can be among the first to copy it verbatim then claim it as "their own variation" because they changed some variables and titles. Yawn. From the definitive glossary for the DeFi space - yet another $YFI innovation - I'll list their definitions below. These may not be their final definitions when I finish any V1.1 edits to it, but they're good enough for now, and at least 3 or more YFI Dev Team members have read, reviewed, or edited these definitions. I've also invited my fellow Beta testers to provide comments to my RFC on this subreddit and in the Governance forum (among the documentation volunteers). Yes, this is how early DeFi investors are in the development and maturation of the DeFi space. Anyone reading this right now is so early into DeFi's evolution that the terms used for this space are literally still being finalized by the community. I've given a little bit of a sneak peek into how technical documentation is somehow self-organized in a powerful DAO such as this one. In this example, it starts off with a call for help on Twitter to improve our documentation by tracheopteryx. Interested and qualified volunteers show up (or don't) when such a call is made. Your writers and editors have spent many a moment pondering off into space debating whether this term really means this or that, or if the term was either succinctly described, or fully sufficient. It's a usually thankless and anonymous job, that is critical in providing enough relevant information to its users and investors. [Note: Just like anything you see related to the $YFI project: You can help us improve this documentation - any of it - if you see errors or better ways of describing this information.] All terms are shamelessly plagiarized from myself and my fellow writeeditors - u/tracheopteryx and Franklin - from the draft definitions in our new DeFi glossary: https://docs.yearn.finance/defi-glossary 1. CeFi vs. DeFi CeFi - Centralized Finance. In terms of cryptocurrency, CeFi is represented by centralized cryptocurrency exchanges, businesses or organizations with a physical address, and usually with some sort of corporate structure. These CeFi businesses must follow all applicable laws, rules, and regulations in each country, state, or region in which they operate. DeFi - DeFi, or Decentralized Finance, is at its root a set of Smart Contracts running independently on blockchains such as the Ethereum network. Smart Contracts may or may not interact with other smart contracts and even other blockchains. The goal of DeFi is to enhance profitability of investors in DeFi through automated smart contracts seeking to maximize yields for invested funds. DeFi is marked by rapid innovative progression and testing of new ideas and concepts. DeFi often involves high risk investing sometimes involving smart contracts that have not been audited or even thoroughly reviewed (a review is not as comprehensive as an audit, but may be also be included as part of an audit). Due to this and other reasons, DeFi is conventionally considered to be more risky than CeFi or traditional investing. Comment: DeFi is higher risk, partly because it moves so fast. A lot of yams, hot dogs, and sushi can get lost when you move so fast that you can't even bother to do a thorough audit before releasing code. The cream of the crop projects will all have had multiple audits done by multiple independent auditors. Auditors are expensive. At such an embryonic stage, most projects can't afford to have one audit done let alone 5. But if you can live with that higher risk intrinsic in DeFi and be willing to be a part of "testing in prod," then financial innovation can truly blossom. And if you let your best and brightest members of your community focus only on doing what they do best, then they don't have to bother to try to grow a business like a Bezos, Musk, or a Zuckerberg. Innovative entrepreneurs in this mold such as Andre, don't have to even try to do this business growth on their own because the DAO sets it up so that they don't have to do this.The DAO both grows the business while supporting and allowing these innovators to simply innovate, instead of trying to get nerds to do backroom deals to gain market share and access to new customers. It turns out that nerds are much more productive when you just let them be a nerd in their labs.
Composability - The measure of the usability and ability of a product to be used as a building block (or "money lego") in the construction of other products or domains. A protocol that is simple, powerful, and that functions well with other protocols would be considered to have high composability. Comment: The maturity of the cryptocurrency ecosystem and the evolution of composable building tools in the DeFi space now make new products and concepts available. $YFI would not have been possible only 2 or 3 years ago; the tools and ecosystem simply weren't ready for it yet. This is why only now are you and many other now hearing about YFI. In 2018, Andre began providing free code reviews to Crypto Briefing. Andre had to learn to walk before he could run, and the composable tools needed to work on embryonic ideas in his head were simply not ready or available then. By reading and reviewing so many Smart Contracts he learned to recognize good code from bad code at what was still a very early stage in Smart Contract development in 2018, only 3 years after ETH's launch in July 2015.
Smart Contract Stacking
Smart Contracts - A digital contract that is programmed in a language that is considered Turing complete, meaning that with enough processing power and time, a properly programmed Smart Contract should be able to use its code base and logical algorithms to perform almost any digital task or process. Ethereum's programming languages, such as Solidity and Vyper, are Turing complete. Comment: Smart Contracts have actually gotten smarter since ETH launched in July 2015. It's because Smart Contract builders needed to learn Solidity and how it functions and interoperates before they could spread their wings as designers. With more time and experience under their belts, the early SC builders that stuck to it have gotten much better. In Andre Cronje, we may have been witness to the rise of the next Satoshi or Vitalik of crypto. There is a reason that a couple of days ago, I counted 6 of 41 YF clones - nearly 15% - among the top gainers on the day. Success breeds copycats showing a ton of flattery. A smart contract is so smart, it can be used to be stacked upon other smart contracts such as at Aave or Maker. True innovation takes time, sacrifice, blood, sweat, and tears. It does not come without cost to those doing the innovating. There is not a single project in DeFi, CeFi, or even all of cryptocurrency that can claim the breadth and diversity of innovation and product reach that is found in the $YFI ecosystem. As a tech investor and professional nerd who's been involved at Research Labs and around product development and testing since before the year 2000. Prior to that I've ready widely and keenly to keep up with technological changes and assess investment potential in these disruptive changes nearly my whole life. The amount of innovation shown in this project is breathtaking if you're a Tech or FinTech researcher. It's being released at a ridiculously rapid pace that is simply unmatched in any private or government research lab anywhere, let alone at any CeFi or traditional financial institution one can name. The only comparable levels of innovation shown by this young project is typically only seen during periods of epochal changes such as The Renaissance or times of strife and war, such as World War II. Unless you've been in the industry and working with coders:I don't think those that haven't been around software development and testing can understand, can truly grasp that no one, no group does this.This isn't normal. This rapid-fire release of truly innovative code and intelligent strategies would have to be comparable to some of the greatest creative periods of human ingenuity and creativity. It's truly on par with periods of brilliance seen by thinkers like Newton, Einstein and Tesla, except with software code and concepts in decentralized finance. When the history of FinTech writes this chapter in its history, $YFI may need its own section or chapter. Don't forget all of these financial instruments we take for granted all around us, all had a simple start somewhere, whether it was an IOU system of credit, insurance, stocks, bonds, derivatives, futures, options, and so on...they all started off as an idea somewhere that had to get tested sooner or later "in production." One brilliant aspect of $YFI Smart Contracts is that they're built as a profitable layer atop existing DeFi protocols, extracting further value from base crypto assets and even primary crypto derivatives. $YFI is built atop existing smart contracts to create further value where there was none before, and help maximize gains for long term investors.
The Power of a Talented and Diverse DAO
DAO - Distributed Autonomous Organization. The first DAO was started in 2016. According to Wikipedia's definition, it is an: "organization represented by rules encoded as a computer program that is transparent, controlled by the organization members and not influenced by a central government. A DAO's financial transaction record and program rules are maintained on a blockchain." When implemented well, a DAO allows for real world experiments in decentralized democratic organization and control, with more freedom of action and less regulatory oversight for DAO controlled projects and products when compared to legacy corporate structures and organizations. Comment: yEarn Finance has shown us what a properly motivated and sufficiently powerful DAO can do in a short amount of time. There's many reasons why this project with an already profitable business model is the fastest original project in history to ever reach a $1B marketcap in any market - traditional or crypto - accomplishing this amazing feat in less than two months. There's reasons why this is probably the fastest coin in history to get listed on Coinbase in less than 2 months. The power of a sufficiently talented and diverse development team and community is stunning in its power, speed, and ability to get things done quickly. There are risks aplenty with parts of this project, but $YFI is now seen as a "safe" place in DeFi, because you know you that as far as yield farming you probably couldn't do it better yourself unless you took a chance on unaudited code with anonymous Devs, or you were doing the trading equivalent of throwing darts blindfolded and somehow won, except that you even more improbably kept doing that over and over and winning. Summary: There's reasons why YFI has been called the Bitcoin of DeFi and the Berkshire Hathaway Series A of crypto. I've listed some of the reasons above. The confluence of these 4 factors has helped lead to explosive growth for this project. This isn't financial advice as I'm not a financial pro but make no mistake: as a Crypto OG around crypto since early 2013, who was deeply involved in multiple community projects as an early organizer, and who was a small investor during the DotCom era investing in early giants that went on to be gorillas, I don't say this lightly that the $YFI project is lightning in a bottle and a diamond in the rough. What $YFI allows, when all is said and done, is the rapid fire implementation of great ideas that have gone through a rapid Darwinian evolution, where only the best ideas are implemented. Thoughts and ideas are powerful things. The valuation of this coin and ecosystem has to, itmusttake into account that this nascent financial innovation hub and ecosystem actually works and allows the best of these ideas to actually blossom rapidly. You just don't find too many gems like this.
https://preview.redd.it/nnuhfz6q01t51.png?width=700&format=png&auto=webp&s=15ce35581f2ebad02af140180f5a8b1fe7931f00 Technology & Products Public Chain Development · WASM AMPL contract debugging (100%) · Research on WASM zero-knowledge proof anonymous transfer (50%) · WASM Sushi contract coding (100%) · WASM RPC iOS asynchronous library commissioning (100%) · Verification of the signature push public key algorithm and testing its codability (C++, go) through RPC (100%) · The new lock-up airdrop contract function: lock-up users can claim the unlocked assets by entering RegID (100%) · Porting ASWAP contract to public chain 3.0, adding platform fee processing (100%) · Optimization of Yield Farming contract reward distribution (100%) · Optimization of Yield Farming contract penalty distribution mechanism (100%) · Yield Farming contract testing (100%) · Deployment and initial configuration of WICC and WGRT yield farming contracts and Wayki-X contract completed (100%) · Ownership of issuance and transfer rights of the bottom-level token ROG transferred to Wayki-X contract (100%) · The initial generation of ROG completed. 10.08M ROG entered the WICC pool, 2.52M ROG entered the WGRT pool (100%) · The first 189,000 ROG was minted in Wayki-X contract for rewards by inflation (12.6M × 1.5%) (100%) · Transfer of 70,000 ROG to AEX for Ecosystem Yield Farming completed (100%) · WASM developer documentation: added detailed WASM table (Simplified Chinese) (100%) · WASM developer documentation: added call of multiple contracts and multisignature transactions in WASM contract (Simplified Chinese) (100%) Application Development · Yield Farming back end API (100%) · Yield Farming front end page optimization (100%) · Yield Farming front end localization (100%) · Yield Farming pre-release initial API docking (100%) · Yield Farming application testing (100%) · Yield Farming application release (100%) · xUSD & ROG added to Instant in WaykiTimes Android (100%) · Memory leak issue fixed in Instant in WaykiTimes (100%) · Data loading error when swiping in Discover fixed in WaykiTimes (100%) · Data display optimized in Getting Started in WaykiTimes · UI debugging of several pages in WaykiTimes (100%) · WaykiTimes 3.0.4 released (100%) · WaykiTimes Help Center released (100%) · WaykiTimes Getting Started released (100%) · WaykiTimes remember password function released (100%) · WaykiTimes iOS App Store version tested (100%) · Google crash analysis and testing added to WaykiTimes Android (100%) · Solved the data loading issue when swiping in Wayki-X Synths (100%) · Wayki-X price feed delay fixed (100%) · Amount issue in the plug-in wallet fixed (100%) · Display error of release contract type of universal transactions fixed on the blockchain explorer (100%) · WASM contract display specifications for the blockchain explorer completed (100%) · Development of the Coinbase integration project (wicc-rosetta-api) (85%) Plan for October Public Chain Development · Research on WASM zero-knowledge proof anonymous transfer · Correction of ASWAP contract proof of liquidity token generation rules · ASWAP contract testing · Docking of ASWAP contract with third parties · Continuous updating of coind RPC interface documentation Application Development · Trade — transaction details HTML5 page to native page transfer in WaykiTimes · Development of the Coinbase integration project (wicc-rosetta-api) Market International Market · On September 4, Russian volunteers opened the second WaykiChain Russian group in Telegram: https://t.me/waykichainrussian. · On September 6, WaykiChain opened the official community in Discord: https://discord.gg/XyAkqa. · On September 6, WaykiChain CTO Richard Chen was invited to the Blockchain + Innovative Service and Industrial Application Conference and the China Chamber of International Commerce Blockchain Innovation Service Industry Committee Establishment Conference as a member of the expert group. · On September 11, the famous US blockchain TV program Exploring the Block tweeted about WaykiChain, showing it is optimistic about the future development of the integrated DeFi ecology of WaykiChain. · On September 11, the famous business platform Yahoo Finance released WaykiChain project information and announced that WaykiChain CEO Gordon Gao gives an interview to NASDAQ MarketSite’s Jane King on September 12. · At 7:00 PM EDT on September 12, world’s largest financial channel Bloomberg TV reported that WaykiChain CEO Gordon Gao was interviewed by Jane King of NASDAQ MarketSite. The interview aired on Fox Business Network at 10:30 PM EDT on September 14. · On September 12, cryptocurrency Twitter account Crypto Catalog tweeted about WaykiChain, showing it is optimistic about the future development of the integrated DeFi ecology of WaykiChain. · On September 13, DeFi List added WaykiChain governance token WGRT. · On September 13, WaykiChain reached market cooperation with the Indian blockchain influencer Gmadvice who started to serve as WaykiChain community manager in India. · On September 16, WaykiChain released “WaykiChain Launches Phoenix Yield Farming with WICC/WGRT Dual-pool for ROG Genesis Issuance” on Twitter. Up to September 21, the news hit 2,400+ retweets. · On September 17, the cryptocurrency influencer DeFi List retweeted “WaykiChain Launches Phoenix Yield Farming with WICC/WGRT Dual-pool for ROG Genesis Issuance”. · On September 18, WaykiChain reached strategic market cooperation with the Korean crypto influencer Pantera who will help WaykiChain establish a broad and strong consensus in Korea. · On September 19, “WaykiChain Dual-pool ROG Yield Farming Korean Group” community established. · On September 20, the influencer Crypto Wendy retweeted “WaykiChain Launches Phoenix Yield Farming with WICC/WGRT Dual-pool for ROG Genesis Issuance”. · On September 21, 130+ Korean media outlets published “WaykiChain Launches Phoenix Yield Farming with WICC & WGRT Dual-pool for ROG Genesis Issuance”. · On September 23, WaykiChain co-founder and CEO Gordon Gao was invited to an AMA session with ICO Pantera Group, Korea’s top Telegram group (stats by u/combot), where he shared his insights into DeFi with 4,000+ Korean users and introduced WaykiChain’s ROG Genesis Yield Farming. · On September 24, WaykiChain tweeted “ROG Genesis Yield Farming FAQ” and “Leave your question/problem toward WaykiTimes/Wayki-X/ROG Genesis Yield Farming in the Google forms below to share 800 WICC Giveaway!”, the number of engagements is 1,500+. · On September 24, WaykiChain global partner Vincent Lionheart was invited to an AMA session to D’va Community. · On September 24, The Business Telegraph, Bitcoin Garden, and other media published “WaykiChain Launches Phoenix Yield Farming with WICC & WGRT Dual-pool”. · On September 24, WaykiChain tweeted the ROG Genesis Yield Farming Countdown. The news hit 1,000+ retweets. · On September 25, ROG Genesis Yield Farming news was the day’s hit in Korea with 5,000+ views on Korean cryptocurrency forums. National Market · On September 1, CoinTiger listed WaykiChain governance token WGRT and opened the WGRT/USDT pair. WGRT net buy & hold competition started and the CoinTiger community joined a series of WGRT-themed challenges. · On September 1, WaykiChain governance token WGRT successfully mapped to Ethereum and ERC-20 WGRT was created. The world’s largest DEX Uniswap officially supported it and listed the WGRT/USDT pair. · On September 2, WaykiChain Strategic Analyst Jing Tao gave the speech “WGRT Dragon, Fly, Tiger, and Leap: Community Governance Upstart” to the MXC community and distributed 3 gold bars to the event participants. · On September 7, WaykiChain Strategy Analyst Jing Tao attended [This Is Coin Coffee] live DeFi contest co-sponsored by Coinka, fogwu.com, and tuoniaox.com. WEDEX founder & CEO, Loopring co-founder Chen Xiaoliang and ChainNews Research Director Pan Zhixiong joined the event. · On September 9, Gate.io selected WaykiChain governance token WGRT for the Listing Vote. Each voter had a chance to share an airdrop of 420,875.43 WGRT. WGRT passed the voting with 53,293,775 votes and was successfully listed on Gate.io. · On September 10, WGRT/USDT trading pair and WGRT withdrawals opened on Gate.io. · On September 10, WaykiChain released WaykiChain Governance Token WGRT Information and Addresses. The team announced that before July 1, 2021, WGRT circulating supply will be strictly controlled at 10% of the total supply, or 2.1 billion. · On September 9 to 11, WaykiChain was invited to IoT World China & 5G China along with 400+ exhibitors including Huawei, Baidu, and Tencent. WaykiChain demonstrated the integrated public chain DeFi ecosystem that will help China’s digital construction. · On September 11, WaykiChain Strategy Analyst Jing Tao was invited to the Bepal community and shared the speech “WaykiChain Governance Token WGRT: Accumulation and Breakout”. WaykiChain airdropped 3,000 WGRT and cash red envelopes to the Bepal community members. · On September 12, WaykiChain Technology & Development Manager Yuanhang Xiao and Strategy Analyst Jing Tao introduced [New WaykiChain DeFi Product: Decentralized Synthetic Asset Issuance Protocol Wayki-X] in the official WaykiChain yizhibo account. During the live broadcast, WaykiChain distributed pure gold bars and branded gifts to lucky users. · On September 13, WaykiChain co-founder & CEO Gordon Gao and Overseas Director Qiyuan Mei shared the speech “WaykiChain Opens the Era of Integrated DeFi Public Chains” in the Gate.io live broadcast room. Gate.io CPO Jiuer was the broadcast host. The guests explained WaykiChain’s DeFi strategy and revealed the launch of Yield Farming. · On September 15, WaykiChain CEO Gordon Gao and BTC38 co-founder Tianwei Huang held the live stream titled “Eight Questions to Explain DeFi Trends and Opportunities” in yizhibo. The hosts analyzed the status and trends of DeFi, discussed DeFi deployment by public chains and exchanges, and new opportunities in synthetic asset trading. WaykiChain distributed pure gold bars and branded gifts to lucky viewers of the stream. · On September 16, WaykiChain Strategy Analyst Jing Tao shared the speech titled “WaykiChain’s Integrated DeFi Ecosystem Layout” as the guest of btcmoney.cc. · On September 18, Bying community invited WaykiChain Strategy Analyst Jing Tao to share the speech “New DeFi Opportunity: Phoenix Yield Farming”. WaykiChain held a WICC airdrop for Bying community members. · On September 18, WaykiChain published the article “No Pre-mining, ICO, or Reserve! WaykiChain Launches Dual-pool Phoenix Yield Farming”. · On September 19, WaykiChain published the article “Chapter 1. The Financial Innovation of Blockchain Reformation. The Origin, Logic, and Value of WaykiChain ROG” introducing the background of ROG, the operation mechanism of the decentralized synthetic asset system Wayki-X, and the value foundation of ROG in detail. · On September 23, “No Pre-mining, ICO, or Reserve! WaykiChain ROG Genesis Farming and Early Release Guide” was released across Chinese media. · On September 24, WaykiChain CEO Gordon Gao, CTO Richard Chen, and CPO Xi Zhang held a joint live stream on yizhibo explaining the future planning of WaykiChain decentralized synthetic asset issuance protocol Wayki-X, ROG, and WaykiChain DeFi in terms of business model, technology, and products. WaykiChain distributed 1 pure gold bar and 6 branded gifts to the lucky stream viewers. · On September 24, Gate.io and WaykiChain launched the WGRT Investment Competition. The prizes are a BMW G 310 R motorcycle, a 13” MacBook Pro, a 10.2” iPad, 17 pure gold bars and 99,000 WGRT. · On September 25, various Chinese media released “Wayki-X 101: WaykiChain Decentralized Synthetic Asset Protocol” introducing the functions and mechanism of the decentralized synthetic asset issuance protocol Wayki-X and the value of its token ROG in detail. · On September 25, WaykiChain launched the “Looking for the Genesis Prophet” community event. The winners received 10 branded gifts. · On September 25, WaykiChain ROG Genesis Yield Farming launched. WICC and WGRT pool quotas (5 million and 25 million, respectively) were full within just one hour. · On September 25, WaykiChain reached ecosystem partnership with AEX. AEX became the first platform to join ROG Ecosystem Yield Farming. · On September 25, WaykiChain partnered with Bying wallet. ROG Genesis Yield Farming is available in Bying wallet. · On September 26, ROG, the main token of WaykiChain’s decentralized synthetic asset issuance protocol Wayki-X, was listed on AEX. ROG/USDT trading pair is available. · On September 26, WaykiChain CEO Gordon Gao gave lectures “DeFi Financial Principles and Commercial Applications” and “DeFi Industry Panoramic Scan” at The First Offline Practical Training Camp of Hash Power University, Shanghai Station. Participants included Ontology founder Jun Li, Chainlink Labs — China Head Philip Fei, Digital Renaissance Foundation Managing Director Cao Yin, and Waterdrip Capital founding partner Zheng Yushan. · On September 28, WaykiChain co-founder and CEO Gordon Gao was a guest at Hash Power Knowledge Base Private Meeting, Shenzhen Station where he shared the speech titled “Feasible Ways of DeFi Application Popularization”. Other guests included Ontology founder Jun Li, DeBank founder and CEO Tang Hongbo, and Huobi Research Chief Technical Researcher Tianyuan Ma.
https://i.redd.it/mfdgeod8y8p51.gif Ren (REN) is now available on DeFi Swap. Users can swap REN, be REN Liquidity Providers to earn fees and boost their yield by up to 20x when staking CRO. Ren (REN), is an open protocol that enables the permissionless and private transfer of value between any blockchain. Ren's core product RenVM, brings interoperability to decentralized finance (DeFi). Ren built and released the first decentralized dark pool (RenEx) in 2018 and is now generalizing this technology to create an ecosystem for building, deploying, and running general-purpose, privacy-preserving, applications using zkSNARK on a newly developed secure multiparty computation protocol (sMPC). Ren's core product is now RenVM, which brings interoperability to decentralized finance (DeFi). RenVM is a decentralized and trustless custodian that holds your digital assets as they move between blockchains using zero-knowledge proofs over an sMPC based protocol. The state, inputs, and outputs of all programs that RenVM runs are kept hidden from everyone, including the Darknodes that power it. REN joins a growing list of tokens on DeFi Swap, such as UMA (UMA), Swerve (SWRV), Harvest Finance (FARM), Uniswap (UNI), Wrapped Bitcoin (WBTC), Yearn Finance (YFI), (Wrapped) Ether (WETH), Tether (USDT), USD Coin (USDC), Dai (DAI), Chainlink (LINK), Compound (COMP) and Crypto.com Coin (CRO). Start swapping, farming and staking now. Please see blog for more details about DeFi Swap.
Canadian Real Estate selling for Bitcoin via Umbrel, to be the first Full Node Real Estate transaction
Listing to accept offers in CAD or BTC, with preference for a Full Node based transaction. Windsor, ON: One of the hottest housing markets in Canada, is now accessible using digital currency. Listed @ $525,500CAD payable in BTC equivalent (39 BTC today's market rate). This is G Inc., sales representative, announced that they are using Umbrel, getumbrel.com (a Bitcoin and Lightning network full node) to facilitate the first Bitcoin “full node” specific real estate transaction. https://preview.redd.it/0j5nefxelcm51.jpg?width=2000&format=pjpg&auto=webp&s=2b2ec4982e483f48b7162034213c072e42574d22 View Property:http://thisisg.co/belle-isle-view.html The property is located in the most southern part of Canada, minutes away from the WindsoDetroit boarder crossing, local marinas and surrounded by the great lakes. The region is sought after due to its temperate climate and value driven when compared to other major cities. “Verifying the transaction on our own Bitcoin node helps us avoid using any 3rd parties”, says Matthew Guignard, CEO of This is G Inc. “By using Umbrel, the transaction as well as it’s confirmations on the Blockchain can be independently verified by us in real-time”. Guignard noted, that encouraging new forms of value exchange will only help society in the long run. “The goal is to explore repeatable models for asset based transactions using Bitcoin. If we can facilitate real estate transactions, we can surely move to support other industries, such farm-to-table solutions for local farms.” The property is being listed as a private sale, as to remove intermediaries and ensure maximum value. The buyer shall be bound to the value of bitcoin on closing day, mitigating valuation risk. Key members of the Umbrel team shall actively support the transaction as well as a prominent Canadian OTC Bitcoin exchange for any spot currency needs. A “Full Node” is a program that fully validates transactions and blocks. Each full node keeps its own copy of the Bitcoin blockchain and uses that copy to ensure consensus, while maintaining the strongest privacy available. A full node ensures that the seller has instant notification of the buyer’s transaction. View Property:http://thisisg.co/belle-isle-view.html Become Bitcoin About Umbrel:getumbrel.com, Become Bitcoin. A Bitcoin and Lightning Network full node. Umbrel is currently generating significant fanfare and traction, driving full node adoption based upon its user experience, seamless setup and community.
Coil Whine - Unique Situation and What I've Learned and my Desparate Need for Help.
Specs listed at the bottom before you pull your hair out and throw your chair out the window. So for the past 2 months I have been digging all over the internet and troubleshooting this problem in every way I can conceive and I have been through quite the journey to get where I am now, only to find that I may literally be the only one suffering from my unique problem. I am going to be somewhat detailed so that anyone else suffering from this might find this post and learn something (if we find a solution). I will try to keep it concise, but I need you all to know what I have and have not tried so that we don't waste everyone's time. I have an audio buzz. This buzz comes primarily from analogue ins/outs on my PC's hardware. USB audio ins/outs have this as well, but not nearly as bad. I have a USB mixer that I thought was the culprit, because as I was setting up the audio system for streaming it became apparent. I initially discovered ground loops and tried to mitigate the problem by eliminating that. No dice. I systematically eliminated every single ground from the system and removed components to no avail. It would literally be impossible for me to have a ground loop with my current setup - I really dialed that in before I moved inside the PC. Yes I have even plugged the entire system (AS A TEMPORARY - LITERALLY 30 SECOND TEST) into the outlet with no ground prong (bring on the hate) to eliminate that possibility. The main problem that I have is due to the fact that I have to monitor "listen to this device" one input or another with the way my audio works. I need on the fly control of multiple audio streams at my mixer, so I have audio running from windows into my mixer and back out at 2 points. If I want to hear anything from one of them I MUST monitor it within windows. Monitoring the USB audio source does make things significantly more quiet than monitoring the analogue line in, so I am setup this way and things are better than they could be - but still not nearly acceptable. Spoiler: it is due to coil whine which apparently to every single other person in the world is literally a zero issue because they can hide their PC below their desk, keep the culprit component enclosed in the case or use good headphones and not have to listen to the "hardware coil whine." Nobody hears their coil whine through their audio output. If they do - they've been searching for solutions to:
Windows audio buzz/buzzing
Realtek audio buzz
HD Audio Buzz
Buzz through headphones
Buzz through speakers
Etc, you get the idea.
These people that are searching this DO get the help they need. They simply disable a culprit unused audio source, disable monitoring "listen to this device" on an audio source, or reduce microphone boost or lower input/output levels. Some even have success disabling or enabling drivers (but I think this is not the ACTUAL solution - I notice that when I disable, uninstall or update devices/drivers, settings roll back too and any device I was monitoring is no longer monitored (or is monitored by the wrong audio output). My theory is that drivers have nothing to do with this problem - any apparent fix or genesis of the problem due to Windows Update or Drivers are actually just settings being defaulted or change by the audio system resetting. I have also tried USB isolation and dedicated sound cards (which just pass the problem along). The problem is exactly the same no matter what because again - this is due to coil whine and it is at the hardware level at its core. I discovered that it was coil whine after thinking I had discovered it was not coil whine. After all - removing my GPU from the equation didn't stop the sound from persisting in my headphones and a CPU can't coil whine (I don't think)... Anyways, I happen to think I have found a workaround last night. Yeah, sure - the buzz is still there but I am pretty sure it is not coming into my stream. Wrong. I load up a game (and I have my case side panel off) and before I can get into my headphones to check if the noise is back I notice it coming from inside my PC's case. Quick throw-on of the headphones and a quick diagnostic tells me that indeed I am hearing the same noise inside the case and through my headphones. As mentioned before - the USB monitoring has lessened the problem, but not eliminated it. So I have a big "HELL YEAH" moment. The problem is still there - but I know it is SOMEWHERE in this chunk of hardware I am looking at in front of me, and I can assume it is either the PSU, the Motherboard or the GPU. So I take to doing some testing. In my months of research I found that when the computer is "drawing" as in pixels are generating new information, the problem is worse. I also know that loading my CPU to 100% significantly reduces the noise it is making and again I know these things can be related to changes in voltage at the CPU/GPU. So I get a game loaded and go to work. Unplug Display Port - nothing changes significantly, but there is a small change nonetheless. But the monitor literally isn't drawing anything. The CPU is still relaying information (mouse position, the Game, etc). So either way the GPU is still receiving information, just not passing it on to the monitor. Pull the 8 pin off the GPU - Fan cranks to 650% and I couldn't hear anything if I tried. So no dice there but I remember trying this before and not noticing much of a change either. So now I open performance monitor, a web page with plenty of white on it (seems to generate the most noise) and start scrolling around. I notice that I get spikes on the GPU AND THE CPU when scrolling, and the noise in the headphones and at the hardware level is consistent with the movement and the readouts in Performance Monitor. I run Cinebench r20, the CPU shuts the F**k up for the most part, but mostly because it is a high frequency now and most of it is out of normal hearing range (I have a wider hearing range due to ear training) and can pick up the low end of it (18-19khz) and think that if only this was all I had to deal with that would be great. However, I am still getting quick spikes (during r20 test) when I move the mouse to highlight different tables on the performance monitor - so the GPU is also in on it. Speaking of trying to isolate hardware problems: I have tried isolating the noise in the case using a straw and a notebook to block the sound and really can't determine if it is GPU, CPU, or some component on the motherboard or all three - I know it is not coming from the PSU because that is easy enough to isolate in my case (pun not intended - but enjoyed). However, just because the PSU does not whine doesn't mean it isn't the culprit - if it is delivering unstable power to a component then it sure could be (correct me if I am wrong). So here I am - wondering if you all have any valuable input. Please consider that I have read (no exaggeration) 200+ unique pages on this topic (broad as it was in the beginning) and I have tried everything suggested BESIDES replacing CPU, replacing, GPU, replacing MOBO, replacing PSU. And that is why I am here asking for your advice. I need to probably replace components and I have to start somewhere - I cannot RMA anything besides the GPU (lost all proofs of purchase - paid cash for some items at retailers and lost paperwork when moving). And MSI will not RMA motherboards for Coil Whine anyway (according to numerous posts). I am prepared to buy a new MOBO and PSU, but I wonder where you think I should start. Nvidia is looking into RMA'ing the card for me but they're hesitant. I just want to list some other random things I have tried with no success so that you don't waste your time having to ask.
Everything main power related (grounding, loops, power conditioning, etc.)
Modified power plan settings
Disable C-states in BIOS
Remove all overclocks (GPU/CPU/RAM)
Test with different speakers/headphones/combinations of onboard, sound card, audio ins/outs.
Might as well have tested a USB/external sound card considering my mixer is USB and the USB audio out still has a problem (when being monitored)
Cleared cache/reinstalled NUMEROUS programs
Adjusted monitoring levels (this definitely lessens the buzz but it just comes out again when I increase the gain on a later part of the audio chain to make up for the loss in useful audio signal)
Moving case/attempting to ground it and the motherboard better
Shuffled wires/cables around to keep things out of contact or from running parallel to each other
Tried all USB ports and front/rear analogue ports
Probably several other things - I am getting very exhausted working on this all the time.
Limiting frame rate in Nvidia Control Panel and Profile Inspector
Please let me know if you have any input or are suffering the same problem. I would really appreciate it and hopefully someone suffering a problem can find this post and learn something about their own situation from all the processing I have done. Specs:
Thermaltake H22 Mid Tower
MSI B350M Gaming Pro
AMD Ryzen 5 3600
Cooler Master Air Cooler
EVGA DDR4 3200Mhz 16Gb (2x16) Running in dual channel
Nvidia Geforce RTX 2060 Super Founders Edition 900-1G160-2565-000
2x Mechanical HDD (1 Toshiba, 1 "something else") 1x1TB, 1x2TB Both SATA
1x Samsung Evo m.2 SSD 500GB (boot, some games)
PowerSpec 550w 80+ Bronze non-modular
Windows 10 x64 Pro N Version 1903 Build 18362.1016
Mackie PROFX12v3 USB mixer
LiveWire power conditionesurge protector
Acer 27" XF 1080p 144hz/1ms monitor (connected via DP)
Sabrent powered USB hub
Audio Technica m50x
Logitech G502/G910 Mouse/Key respectively
Broken office chair and a broken spirit... please help me.
Thanks in advance. Update: In case this gets read by more than 3 people. Changed MOBO and PSU (independently and together - as separate tests) and nothing has changed.
Something philosophical, I am interested in your view. The following is to be seen as a thought experiment and my opinion can be completely opposite to some assumptions. First premise: The DeFiChain seems to be very quick and easy to change. A small development team can already program changes. Second premise: Many of our community are like me and they are no block chain or financial experts. Third premise: Our community is easy to manipulate: the current proposals were formulated and marketed in a way that you have to accept them, otherwise you will vote against "further growth of DFI". Fourth premise: Liquidity mining (and the risky yield farming that goes with it) will bring many greedy and short-term thinking users into our community and sooner or later will make up the bulk of our community. Logical conclusion: the block chain is fragile compared to Bitcoin, and the vision of DFI is in jeopardy, as many manipulable ignorants will follow the more technically savvy and probably greedy ones. If this is even remotely true, the question arises: What can we do to best protect our vision from such attacks? And since this is supposed to be a decentralized project in the future: what is your vision of the DeFiChain?
https://preview.redd.it/g3r7ndijl8q51.jpg?width=2400&format=pjpg&auto=webp&s=5bcf530de9cb96ced81f1f82ac2ce0da8ca03caf Before going ahead, we would like to share that the top ten cryptocurrency exchanges are getting $3 million per day in profit. From 2009 to 2020, cryptocurrencies have come a long way, and during all these years, it has gone through a roller coaster ride. But, one of the significant development seen in this field was an investment in cryptocurrency. The rise of cryptocurrency exchanges indicates there has been a remarkable growth in this field. The rise in cryptocurrency exchange and investors’ growing interest have made Bitcoin and other cryptocurrencies a popular choice among individuals. In this blog, we will discuss the best cryptocurrency exchanges and how they are performing so well. Best cryptocurrency exchanges Talking about the cryptocurrency exchanges, then Asian-based cryptocurrency exchange platforms are ruling the global crypto trading industry. An example of this is Tokyo-based Binance and Hong Kong-based OKEx; these bring in more than $1.7 billion daily. If we talk about the volumes, then Houbu from Singapore, Bithumb from South Korea, and Bitfinex from HongKong are performing the best. When calculated, Aisa-based exchanges are ruling over 50% of the daily crypto trading. Crypto exchange makes money in the following ways: Commissions- One of the common ways of making money is via commission. It is a fee for facilitating the trade between buyer and seller. The digital exchanges have a commission as low as .01%. If the dealing is in large volume, then the commission is on a higher side. Listing fees- For a new cryptocurrency exchange, getting a more common and large volume of transactions would be difficult. But they can make money by listing fees. They can come up with a token and can list it, and earn revenue from it. Some of the common ways are Security Token Exchange, Initial Coin Offering, Initial Exchange Offerings. With either of these methods, exchange operators may collect a percentage of funds raised. Fund collection- You can equip the platform for IEO and allow others to organize their token sales. In this scenario, your cryptocurrency exchange platform serves as a repository for but tokens. Investing in Bitcoin and information about Bitcoin exchange When we are talking about cryptocurrency exchange, then how can we miss Bitcoin? After all, it was the kickstarter of this revolutionary financial transformation. Bitcoin farming is a way to exchange the value of Bitcoin. Those who wish to earn Bitcoin have to mine it by solving complex programs. These individuals are called miners. And they ensure that the network is secure and free from any threats. Those who wish to invest in Bitcoin also have the option of choosing Bitcoin ATM; it allows you to purchase Bitcoin via cash or debit card. Conclusion- This was the basic information about how you can do Bitcoin farming and some of the common ways the cryptocurrency exchanges generate revenue. All these changes and transformation shows that there is going to be a growth in cryptocurrencies. With more than 5000 cryptocurrencies floating in the market, we can only expect this number to grow in the future. For more such interesting information, connect with Blockchain Council today.
https://t.me/BitcoinInstanpaybot?start=r07422869840 All you need to do is click the link, and if you don’t already have it, download the app Telegram (super safe app, known for its security & privacy and all that jazz). Super easy, you don’t put ANY money in or anything it’s purely just a referral program to farm bitcoin. Not very scammy to my knowledge and if the payout isn’t legit the only think i’ll have lost is time. Would seriously really help out right now! Thank you :)
Flurry of dealmaking Bayer (OTCPK:BAYRY) is paying as much as $4B for U.S. biotech firm Asklepios BioPharmaceutical, bolstering its pharmaceuticals division as it continues to reel from its acquisition of crops giant Monsanto (and cancer-related Roundup lawsuits). The latest deal, which includes upfront consideration of $2B and potential milestone payments of up to $2B, is a bet on cutting-edge gene therapy, which offers the potential to cure a wide range of often-rare diseases by editing errors in the body's instruction manual. Drugmakers including Novartis (NYSE:NVS), Roche Holding (OTCQX:RHHBY) and Bristol-Myers Squibb (NYSE:BMY) have also made big bets on the industry, snapping up gene therapy makers. Dunkin' may sell and go private Dunkin' Donuts and Baskin Robbins chains owner Dunkin' Brands (NASDAQ:DNKN) confirmed preliminary talks to be acquired by Inspire Brands after the NYT reported on the negotiations. Inspire would take Dunkin' private at $106.5 per share, valuing the company at $8.8B, or a 20% premium over DNKN's closing price of $88.79 on Friday. While Dunkin' said "there is no certainty that any agreement will be reached," if successful, Inspire would add the new assets to the Buffalo Wild Wings, Arby's Sonic, and Jimmy John's chains that it already owns. DNKN +19% premarket. More M&A: Blackstone to buy Simply Self Storage for about $1.2B. New Canada oil giant Cenovus Energy (NYSE:CVE) has agreed to buy Husky Energy (OTCPK:HUSKF) in a C$3.8B ($2.9B) all-stock deal that will combine two of the largest players in Canada's struggling oil-sands industry. The combined company will have about 750K boe/d production, making it the third-largest Canadian oil and natural gas producer. it would also be the second-largest Canadian-based refiner and upgrader with total North American upgrading and refining capacity of ~660K boe/d. Coronavirus surge, elusive stimulus deal U.S. stock index futures are starting the week on the backfoot, falling nearly 1% overnight, as the nation reported a record of more than 83,000 new COVID infections on both Friday and Saturday. "We're not going to control the pandemic. We are going to control the fact that we get vaccines, therapeutics and other mitigation areas," White House Chief of Staff Mark Meadows told CNN's State of the Union program. Meadows and Nancy Pelosi also accused each other of "moving the goalposts" on stimulus legislation in back-to-back interviews, dimming chances a deal could be reached before Election Day. Vaccine trials The COVID-19 vaccine being developed by the University of Oxford and AstraZeneca (NASDAQ:AZN) produces a robust antibody and T-cell immune response in elderly people, the group at highest risk, FT reports. While details of the finding are expected to be published shortly in a clinical journal, sources cautioned that positive immunogenicity tests do not guarantee that the vaccine will ultimately prove safe and effective in older people. AstraZeneca resumed the U.S. trial of its experimental vaccine on Friday after a pause due to safety concerns, while Johnson & Johnson (NYSE:JNJ) also restarted trials, saying the first batches of its shot could be available in January. Farm purchases under China trade deal "China has purchased approximately 71% of its farm purchases target for 2020," according to an interim report on agricultural trade from the U.S. Trade Representative. "They have purchased $23.6B in agricultural products so far this year, substantially more than the base year of 2017, and should end up being our best year ever in sales to China. It is worth noting that the Phase One Agreement did not go into effect until February 14, 2020, and March is the first full month of its effect... We already are on pace to have all-time high sales to China in beef, pork, corn, and soybeans." Go Deeper: Some are questioning the figures and the timeline. California blackouts PG&E (NYSE:PCG) is pre-emptively cutting power again in northern California, affecting 386,000 homes and businesses in 38 counties, or nearly 1M people. It's the fourth times this year the state’s largest utility had to shut off electricity due to high winds and extreme wildfire danger, which could spark blazes if live wires topple into dry brush. Utilities in Southern California, like Southern California Edison (NYSE:EIX), are also warning of potential blackouts. Potential election chaos As the threat of election-related unrest escalates in the U.S., Facebook (NASDAQ:FB) said it would implement emergency measures reserved for "at-risk" countries to bring down the online temperature. The social media giant plans to limit the "spread of viral content" and lower the bar for "suppressing potentially inflammatory posts" using internal tools previously deployed in Sri Lanka and Myanmar, WSJ reports. The tools would only be used in the event of election-related violence or other serious circumstances, though some employees are concerned it could slow down viral content and unintentionally hide legitimate political discussions. Go Deeper: Facebook will ban U.S. political ads indefinitely after November 3. Samsung chairman and icon dies A chapter has closed for the Samsung conglomerate following the death of Lee Kun-hee, who transformed the South Korean appliance maker into the world's biggest producer of smartphones, TVs and memory chips. He had been incapacitated for years following a 2014 stroke, leaving day-to-day operations to his son, Lee Jae-yong, who goes by Jay Y. in the West. While Lee spends about 95% of his time focused on Samsung Electronics (OTC:SSNLF), the conglomerate's most valuable arm, he formally takes the reins with Samsung on the defensive and struggling to evolve within the tech industry. What else is happening... SAP (NYSE:SAP) tumbles 18% premarket after slashing revenue forecast. Coca-Cola (NYSE:KO) steps away from bottling in Australia. Chinese policymakers discuss new five-year development plan. Airbnb (AIRB) approves private share split ahead of IPO. American (NASDAQ:AAL) plans PR events before 737 MAX (NYSE:BA) takes to the skies. AT&T (NYSE:T) job cuts at historical levels; CNN's Zucker may be on the block. Today's Markets In Asia, Japan -0.1%. Hong Kong +0.5%. China -0.8%. India -1.3%. In Europe, at midday, London -0.2%. Paris -0.6%. Frankfurt -2.1%. Futures at 6:20, Dow -0.9%. S&P -0.9%. Nasdaq -0.9%. Crude -2.5% to $38.85. Gold -0.2% at $1902.40. Bitcoin +0.6% to $13099. Ten-year Treasury Yield -3 bps to 0.81% Today's Economic Calendar 8:30 Chicago Fed National Activity Index 10:00 New Home Sales 10:30 Dallas Fed Manufacturing Survey
Wall Street Breakfast: Volatile Week Ends In Quad Witching Session
U.S. equity futures held up overnight following another selloff on Wall Street that was led by major tech names. Contracts tied to the Dow and S&P 500 are hugging the flatline, while Nasdaq futures pared recent losses by climbing 0.6%. Mixed messaging around a potential coronavirus vaccine, as well as the passage of further fiscal stimulus, weighed on the market, while investors are gearing up for consumer sentiment data set for release at 10 a.m. ET. Don't forget that it's also quad witching day, which refers to the simultaneous expiration of market index futures, stock futures, market index options and stock options. "These days tend to get a lot of press for all of the volume they create, but historically they are nearly always a non-event," said Ryan Detrick, senior market strategist at LPL Financial. Spending deal to avoid government shutdown While there may be disagreement over another round of coronavirus relief, lawmakers are aiming to unveil a bipartisan spending bill today to avert a government shutdown on Oct. 1. The "clean" legislation, largely devoid of any controversial measures, should keep the government funded into mid-December. "I don't think anybody wants to be responsible for shutting down the government on the eve of an election in the middle of a pandemic, so it's a rare outbreak of common sense on both sides," said Rep. Tom Cole (R., Okla.), a senior member of the House Appropriations Committee. New round of farm aid "Starting next week my administration is committing an additional $13B in relief to help farmers recover from the China virus," President Trump announced a campaign rally in Mosinee, Wisconsin. The new aid is the second tranche of money issued as part of the Trump administration's Coronavirus Food Assistance Program. In April, the administration unveiled $19B in relief for the agriculture sector under the CARES Act, including $16B in direct payments to farmers and ranchers and $3B in mass purchases of dairy, meat and produce. Fed mulls extension of bank dividend curbs Due to heightened economic uncertainty, the Federal Reserve is considering extending its caps on banks' dividends and stock repurchases for the rest of the year. The U.S. central bank made the announcement along with its release of hypothetical scenarios for the second round of stress tests that it's requiring due to the COVID-19 pandemic. Unlike an earlier round of stress tests this year, the Fed will release the results of the tests for each of the 33 lenders, rather than providing aggregate results for the group. Sub-zero rates The Bank of England held its benchmark policy rate at 0.1% on Thursday, but indicated it could cut interest rates below zero for the first time in its 326-year history. While recent domestic economic data has been a bit stronger than expected, it's "unclear how the economy will perform further out," according to the Monetary Policy Committee. Another major risk facing the U.K. economy relates to the post-Brexit trade discussions between the U.K. and the EU, which have recently soured. Terms of a TikTok deal The Trump administration spent Thursday reviewing proposals on the TikTok-Oracle (NYSE:ORCL) partnership, which currently has many moving parts. TikTok owner ByteDance (BDNCE) agreed to list the video-sharing app on a U.S. stock exchange, which could happen within a year, though there are still concerns over whether the Chinese parent would be allowed to retain a majority stake in the new company. Meanwhile, shares in China's Tencent (OTCPK:TCEHY) tumbled into the U.S. closing bell following reports that its investments are drawing new national security attention. Exchange dealmaking Seeing off competing bids from Deutsche Borse (OTCPK:DBORY) and Switzerland's SIX, the London Stock Exchange (OTCPK:LNSTY) is in exclusive talks to sell Borsa Italiana to France's Euronext (OTCPK:EUXTF). Offloading the Milan stock exchange would help LSE achieve regulatory remedies for its $27B purchase of data provider Refinitiv, which is owned by Blackstone (NYSE:BX) and Thomson Reuters (NYSE:TRI). The deal is politically sensitive in Rome because of concerns about who could take control of Borsa Italiana's bond platform, which handles trading of Italy's government debt. New COVID-19 restrictions across Europe Targeted lockdowns and local restrictions are returning to Europe as the region tries to avoid broad economic damage amid a surge in coronavirus cases. "Weekly cases have now exceeded those reported when the pandemic first peaked in Europe in March," the WHO's regional director for Europe Hans Kluge told an online news conference. "Although these numbers reflect more comprehensive testing, it also shows alarming rates of transmission across the region." Pubs and restaurants must shut early and household mixing has been limited in northeast England, while social gatherings of more than six people have been banned across the country. French authorities are meanwhile preparing tighter restrictions in several cities, while Spain's Madrid has moved to "reduce mobility and contacts" in areas with high infection rates. Go Deeper: Israel becomes first developed country to enforce a second nationwide shutdown. Pandemic closures see restaurants hit the hardest About 60% of businesses that have closed their doors during the coronavirus pandemic will never reopen, and restaurants have suffered the most, according to new data from Yelp. The National Restaurant Association also said this week that 100,000 restaurants have closed either permanently or long term, adding that the sector is on track to lose $240B in sales this year. A number of factors have made it especially difficult for eateries, which tend to operate on thin margins even in the best of times. What else is happening... Unity (NYSE:U) to raise $1.3B in IPO, prices 25M shares above range. New York files civil charges against J&J (NYSE:JNJ) over opioids. Walmart (NYSE:WMT) hikes pay for about 165,000 hourly employees. Dave & Buster's (NASDAQ:PLAY) stumbles on bankruptcy speculation. Proposed Boeing (NYSE:BA) 737 MAX safety upgrades endorsed by NTSB. Nat gas tumbles by most in two years after stockpile gain. Today's Markets In Asia, Japan +0.2%. Hong Kong +0.5%. China +2.1%. India -0.3%. In Europe, at midday, London -0.2%. Paris -0.3%. Frankfurt +0.1%. Futures at 6:20, Dow flat. S&P flat. Nasdaq +0.6%. Crude +0.9% to $41.34. Gold +0.6% to $1961.40. Bitcoin +1.6% to $11005. Ten-year Treasury Yield flat at 0.68%
10-02 23:29 - 'Blah blah blah. / I'm tired of this game so I'll show my hand and be done with all of you. / Firstly, I've been redditing for a _very long fucking time_. / And beyond that, I've been on hundreds of active online forums si...' by /u/Crippling_D removed from /r/worldnews within 38-48min
''' Blah blah blah. I'm tired of this game so I'll show my hand and be done with all of you. Firstly, I've been redditing for a very long fucking time. And beyond that, I've been on hundreds of active online forums since before the World Wide Web had pictures. Usenet groups, somethingawful, albinoblacksheep, digg, myspace, fark, most of the chans including 2ch, countless other small niche tech and geek boards. Not only that but I have a data analysis hobby, mostly written text. My first ever actual program was a random story generator that used functions to pull from dictionaries and (try to) create a coherent plot (it didn't work very well). I've always been fascinated with the texture, pacing, word choice, intent, subtext, and nuance of human written communication. So these hobbies and passions have suited me very well in identifying suspicious posts, and have done so for literal decades. I mean, the tactics and subjects that trolls use are always changing, but the same spirit drives all of those tiny little cheetoh stained fingers as they furiously pound out insults to me from their basement lairs. It's said you can get an idea of the emotional state of an artist by seeing how it influenced their art, and they're right. Pretty much any act of human creation is always stamped with a bit of its creator's soul, and people with wise enough eyes can see the signs of each mental tick and twitch. Writing on the internet is no different. No matter how hard someone tries to hide their inner mental state, word choice, pacing, texture, and nuance always reveal a bit more than the writer ever intended. So using my instincts, I crafted many scraper bots and semiotic matrices to make sense of the vast amount of content that gets posted to the forums I frequent. First started doing this during my bitcoin phase, when I was speculating on that one russian exchange. I scraped trollbox and fed it through a very basic sentiment algorithm, and used that to cautiously make a little money predicting pump and dumps. I have to tell you that experience was a solid education in identifying illegitimate posts, as literally my income depended on it. I used it over at Digg and predicted the gamification of the front page by 2 months. I've been using those skills here on reddit too, and oh man I can't even tell you how much it's opened my eyes!! Especially in the last 6 years, such a shift in dynamics, it's been very enjoyable to learn and taking that experience to refine my algorithms. I've developed 8 axes of identification that are rather reliable at recognizing suspicious posts, especially ones originating from sources where english isn't their first language. I shared 3 of them back in 2016 on several reddit subs, in relation to the uptick of troll posts starting the year before. Funny enough, most of the troll farms back then immediately started crafting accounts specifically to avoid those 3 revealing metrics, which is why I'm not going to detail the other 5 I've developed. It's true, that not all of the 30+ comments I've gotten in this thread are sockpuppets or trolls, but the vast majority of them are. And most of them bear the stamp of an American speaker being paid to promote a russian dictator, and most of them are all using the same reply pattern to try and browbeat me into worshiping that false-flagging trump buggerer. Again, you can change username, buy an aged account, even run your words through google translate a few times, but there's always telltale indicators. The position of verbs in the sentence, how plural groupings are handled, misplaced honorifics and most blatantly just using the same sentence with one or two words changed to produce the illusion of a larger coherent opposition. All red flags to me, all giving me some clue into the mindset of the writer. It's fascinating how much you can learn just by reading carefully. I don't care if you don't think I'm on-point, I've been validated in my own experience far too often to have my method cast into doubt by some aged account no karma internet rando like yourself. I don't care if you think I look bad for the same reason. I don't care if you (or anyone) thinks I'm stupid or childish, what I do works and it works better than most propaganda filtering systems I've looked into. And I'm not going to stop calling out inauthentic accounts, I will not stop refining my system and expanding its scope. And literally no words typed into the internet by some stranger will ever change that. Good day sir. ''' Context Link Go1dfish undelete link unreddit undelete link Author: Crippling_D
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