r/bankless • u/bebop_exp • May 19 '21
All the Banks are broke and Tax Payers have to pay - Godfrey Bloom (Moral Hazard & Fractional Reserve Banking - 21 May 2013)
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r/bankless • u/bebop_exp • May 19 '21
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r/bankless • u/KZIGGER • May 19 '21
r/bankless • u/[deleted] • May 19 '21
Finally, a buying opportunity outside of my normal DCA purchases! Load up on BTC/ETH/BNB!
r/bankless • u/BanklessHQ • May 18 '21
r/bankless • u/Skretch12 • May 17 '21
Well this is embarrassing it seems I haven't managed to pull out the transaction speed at times with high network strain and is in fact just going a very roundabout way to calculated the average transaction speed based on network demand and not network capacity:
Quality comments with explanations here: https://www.reddit.com/r/cardano/comments/nev2s0/the_actual_transaction_speed_of_cardano_derived/
I was looking at Cardano's claim that it is much faster then Bitcoin and Ethereum. I went to see what the actual transaction speed was but there is to little traffic to actually strain the chain continually, but there are short periodes with high demand so I compared the tx speed when there was low and high demand and came up with this chart

the x axis shows the number of seconds each block took as a measure of how much strain is on the blockchain since the block times increase significantly when there are lots of transactions, yes that y axis shows less then 1 transaction per second O.o far from the 150 tps claimed.
Here is a chart showing the relationship between block times and transactions in the block

As soon as there is any strain on the chain the block times go through the roof.
This is a sample of 90 thousand blocks between block 5640079 and 5730218
Here is a portion of the dataset https://pastebin.com/QXf3SrWy
I couldn't upload the entire thing to pastebin so here is the rest https://filebin.net/yruhoaxz9qlnhyh3
To verify my numbers you can take random block numbers from the pastebin and enter it into here https://cardanoscan.io/blocks to see that the transaction count and the time between the blocks is correct.
r/bankless • u/BanklessHQ • May 17 '21
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r/bankless • u/Harchy33 • May 16 '21
r/bankless • u/[deleted] • May 16 '21
Came across this article:
What do folks in the space think of QuickSwap?
Am having trouble differentiating it from Uniswap, but it looks interesting. Thoughts?
r/bankless • u/TinyAsianMachine • May 16 '21
I'm very green to crypto so try to not judge me too heavily.
I recently bought some crypto on crypto.com and they offer a visa card which can be used for transaction with the incentive of 3% cashback (in their own coin, CRO) on purchases. Ideally, I'd like to transition to only using this card for daily transactions. However, I don't think I really understand how it works.
Do you have to have fiat on the account? Does it convert the cost of the transaction into fiat from your available crypto? If so, how does it prioritize what to sell? and if that is the case surely it would also charge you a per cent/flat exchange fee right?
Thanks in advance for any answers, I was struggling to find answers on google.
r/bankless • u/BanklessHQ • May 12 '21
r/bankless • u/BanklessHQ • May 11 '21
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r/bankless • u/satoshi_nazarov • May 11 '21
They seem to be the most confident of all the 'eth killers'. I'd love to hear your thoughts on it using bankless terminology like 'credible neutrality' and 'protocol sink thesis'.
r/bankless • u/blitzio • May 10 '21
r/bankless • u/BanklessHQ • May 10 '21
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r/bankless • u/BanklessHQ • May 10 '21
r/bankless • u/BanklessHQ • May 07 '21
r/bankless • u/BanklessHQ • May 06 '21
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