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obulpathi commented on Goodbye Gas Fees   every.to/almanack/layer-2... · Posted by u/enigmatic02
mule1 · 4 years ago
This is all at the sacrifice of decentralization zkrollups and zkporter (one roll up solution) will eventually be able to handle transactions at that clip while being decentralized. The energy consumption point is incorrect as moving to proof of stake Ethereum will be using a fraction of the energy it uses today, however at the cost of capital concentration in the hands of validators which I actually see as a negative for all of these proof of stake blockchains.

I think the scariest thing that people think of and I originally thought when I heard Ethereum will scale with "Layer 2's" is you are sending your money to a blockchain you do not have the keys to do not actually control the funds. The layer 2 scaling solutions will seamlessly interoperate with the current dapps that will be ported over looking seemless for users. You are essentially holding your capital in a contract you can call on at anytime and retrieve to the settlement layer (Ethereum layer 1).

These are the trade off imo and do not make either system better. I just prefer decentralization if I'm holding capital on a blockchain for an extended period of time.

obulpathi · 4 years ago
What makes you think Solana is Centralized? It runs over 2000 nodes. The number is currently is less than that of Ethereum node count, as the demand is less.

It also would be a fair comparison to compare what is existing today. So, please don't say that Ethereum 2.0 will be far more efficient. By that time Solana would have made great strides too. So, let's compare what is existing today. Ethereum 2.0 is being touted for several years and still not ready. We can compare Ethereum 2.0, when it's ready and there, but not now.

obulpathi commented on Goodbye Gas Fees   every.to/almanack/layer-2... · Posted by u/enigmatic02
obulpathi · 4 years ago
I don't buy the argument: "ETH fees was meant to be high!". Its the same as saying "ETH is meant to be unusable for people other than whales."
obulpathi commented on Goodbye Gas Fees   every.to/almanack/layer-2... · Posted by u/enigmatic02
obulpathi · 4 years ago
Why use L2 when one can have a better experience with much lower fees (Solana, Avalance, Flow & Near). The new generation Blockchains like Solana and Avalance are far better than Ethereum. They are going throgh some growing pains, other wise, they beat Ethereum to dust in terms of speed, latency and performance. Solana takes a second to confirm a transaction, with 0.00025$ fees and can support more than 100,000 tx/s. While Ethereum take a minute to confirm a transaction and cost about 100$ and can only process about 15 tx/s. Also, Ethereum is about 1000 times more energy hungry than Solana.
obulpathi commented on Ask HN: How can I sell my patent    · Posted by u/MrSpringDiver
obulpathi · 4 years ago
Have you considered making your patent into an NFT? Let me know if you are interested.
obulpathi commented on A supply chain catastrophe is brewing in the US   reddit.com/r/collapse/com... · Posted by u/hncurious
rcpt · 5 years ago
Okay so what stock to buy based on this information? Uranium?
obulpathi · 5 years ago
Stocks related to 3D Printing?
obulpathi commented on Ask HN: Best resources to learn about stock trading and investing?    · Posted by u/vkbm
obulpathi · 6 years ago
For fundamentals, this resource by Varsity (kind of like Robinhood of India) is pretty good. It uses India's stocks as examples and deals in Rupees and not in Dollars.

After learning the basics, I would recommend "The 80/20 Investor" book. The book has very good advice how to buy stocks, market bubbles and building the circle of competence.

obulpathi commented on Google Blew a Ten-Year Lead   secondbreakfast.co/google... · Posted by u/secondbreakfast
obulpathi · 6 years ago
They actually pushed ChromeOS and web services (GMail, Inbox, Docs, Sheets, ... ) pretty hard and realized that its not the way to go forward. While for lightweight tasks (like emailing and docs) it works pretty well, for heavy tasks (like video editing) and most importantly, as a development platform, chrome os din't do well.

So they pivoted to Fuchsia OS. A new OS to provide seamless experience across several devices (in home or in vehicle while commuting. Some of the resource can be living in cloud). Its a sort of networked OS. Streaming music to your Google Home, let me fetch that music form the Fuchsia Desktop's cache and stream it to Google Home, rather than fetching it all the way from Cloud.

With out applications, OS is not much of use. Here comes Flutter. Let the developers make apps for Android and iOS in Flutter (currently over 50k apps on Google Play store) and have them run the same app on Fuchsia OS. I believe it will take probably another year or two for Google to bring in Fuchsia to Pixelbook. Let's hope so! I would like an OS as open as Linux, with macOS like user experience.

obulpathi commented on Hello, World – Zerodha, India's largest stock broker   zerodha.tech/blog/hello-w... · Posted by u/iamd3vil
obulpathi · 6 years ago
I like the varsity website: https://zerodha.com/varsity/. It has very good educational content on Stocks, Currencies, Commodities Markets, and Investing. I really like the last chapter, Innerworth: https://zerodha.com/varsity/module/innerworth/
obulpathi commented on How I use the good parts of AWS   twitter.com/dvassallo/sta... · Posted by u/DVassallo
evilmushroom · 7 years ago
I have to use both. I find google easier to do simple things.. but I find it lacks some of the flexibility AWS has for less simple things.

Well, that and Google's managed k8s solution was down for multiple days awhile back when I was doing a comparison. Another reason I use EKS atm.... despite I think GKE is a bit better.

obulpathi · 7 years ago
I don't know when this happened. Give GKE a try, it's really amazing. Blows EKS out of water. As per the flexibility is concerned, once you learn how to use Google Services, you can get the flexibility with simplicity. AWS services are too complex and even things like billing require a PhD degree in finance to optimize for anything non-trivial.

u/obulpathi

KarmaCake day647July 31, 2011
About
Born and brought up in India, did my Ph.D. in Big Data from the University of Florida.
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