111

Wait, so you’re the co-founder and the intern at the same company?

yes

The company exists to minimise the cost of increasing the speed of a transaction with "gas fees". Sort of like when you pay for something with your debit card and then pay a second company to make the transaction go through in under a day.

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[-] BodyBySisyphus@hexbear.net 44 points 11 months ago* (last edited 11 months ago)

https://nitter.net/PopPunkOnChain/status/1711477399320244344#m

I don’t have a wife.
I don’t have a son.
I’ve never owned ApeCoin.

Thanks for playing.

Log in -> spread misinformation

Apparently his company is called Gaslite, too. Viral marketing campaign?

[-] Parsani@hexbear.net 18 points 11 months ago

Good bit tbh

[-] UlyssesT@hexbear.net 15 points 11 months ago

Apparently his company is called Gaslite, too. Viral marketing campaign?

Tech grifters really, really like masks of irony for what they're doing. There's a psychological tendency known as "duper's delight" and I think they crave that.

[-] BodyBySisyphus@hexbear.net 5 points 11 months ago

Very much the grade-school conceptualization of intelligence where basic adherence to the social contract and assuming the person you're taking to isn't being intentionally obtuse is somehow a sign that you're dumber instead of just less sociopathic.

[-] sicklemode@hexbear.net 34 points 11 months ago* (last edited 11 months ago)

See, this is the kind of shit that radicalizes young people. Older generations just nonchalantly gambling their children and grandchildren's futures and losing it, and then what? Often the responsibility is shifted to the ones who lost everything due to their greed and negligence.

![stonks-down](https://www.hexbear.net/pictrs/image/91ace421-c5df-4b29-8bd5-80e99efe107a.png "emoji stonks-down") - "Like, sorry, no college fund for you, but I heard bootstraps work just as well" ![shrug-outta-hecks](https://www.hexbear.net/pictrs/image/7cc4b291-507e-4aa2-9ba6-35d81eb4a08a.png "emoji shrug-outta-hecks")

Well, I bet their son will eventually be interested in a copy of Das Kaptial ![very-smart](https://www.hexbear.net/pictrs/image/4814baba-8d02-4bda-80a1-6f01c4fbadcb.png "emoji very-smart")

[-] UlyssesT@hexbear.net 28 points 11 months ago

I've been told, many a time, that Ethereum is "one of the good" cryptocurrencies.

I've known about "gas fees" for years and how the rent-seeking is built right in.

The most euphoric of cryptocultists even told me that maybe the Ethereum blockchain would "form a neural net" over time and become sapient, or even start The Singularity(tm).

![soypoint-1](https://www.hexbear.net/pictrs/image/f60b272a-951c-4280-a407-a40408fc5aaf.png "emoji soypoint-1") ![no-mouth-must-scream](https://www.hexbear.net/pictrs/image/a27b86d9-66c0-47fb-9088-211861fa1d0e.png "emoji no-mouth-must-scream") ![soypoint-2](https://www.hexbear.net/pictrs/image/2a3eda93-16bf-4eb8-a4a9-fe85ce53fe4a.png "emoji soypoint-2")

These are not well informed or critically thinking people.

[-] Saeculum@hexbear.net 12 points 11 months ago

Get out of here with your reason skeptic.

The crypto Messiah is nigh! It gestates in a web of a thousand thousand blockchains, and feeds upon the broken dreams and lost hopes of crypto bros.

Yea shall it deliver us from centralised currency or something! Gaze upon it and weep for your salvation.

[-] UlyssesT@hexbear.net 10 points 11 months ago* (last edited 11 months ago)

I know you're joking, but judging by what ![my-hero](https://www.hexbear.net/pictrs/image/3ec1ede7-2359-42c4-b581-6d8131cc49d1.png "emoji my-hero") named one of his many IVF children (Techno Mechanicus), he like many cryptobros missed the point of the (originally intended, at least) satire of 40k.

[-] Othello@hexbear.net 6 points 11 months ago

is Ethereum dead yet? because i know a horrible abusive person who had all their money in etheruim 2 years ago and im rooting for his downfall.

[-] UlyssesT@hexbear.net 7 points 11 months ago* (last edited 11 months ago)

It isn't just not dead; it's the basis of many secondary grifts, such as NFTs. NFTs were minted from the start using ETH and charging "gas" each and every time while burning the planet down a little faster.

[-] Othello@hexbear.net 6 points 11 months ago

bleh awful! thank you for the update tho.

[-] fox@hexbear.net 6 points 11 months ago

It's down 30-70% from 2 years ago fwiw depending on when they bought. One Ether is worth about 1500 USD right now but there were spikes in 2021 to like 3-4 grand.

[-] Othello@hexbear.net 5 points 11 months ago* (last edited 11 months ago)
[-] zifnab25@hexbear.net 27 points 11 months ago

It will come back it’s a blue chip project .. your just a bit early

...

35K is cheap price to realize your ex wasn’t loyal ..

When you reach all time highs this next cycle don’t look back!

https://x.com/jamieMiner9/status/1711477947360489730

Incredible.

[-] SpasmodicColon@hexbear.net 9 points 11 months ago

Not loss if u don't sell

.50 cal right to the brainpan of all these useless cryptobros

[-] DickFuckarelli@hexbear.net 24 points 11 months ago
[-] SorosFootSoldier@hexbear.net 20 points 11 months ago

Listen up loony liberal, my wife and apes left me.

[-] regul@hexbear.net 20 points 11 months ago

all the replies are bluechecks lmao

[-] FumpyAer@hexbear.net 6 points 11 months ago

All the replies twitter shows you are blue checks.

[-] InevitableSwing@hexbear.net 15 points 11 months ago

All my apes done

[-] Sprite@lemmy.ml 14 points 11 months ago

Crypto is like stocks: a pyramid scheme. Sad someone will miss out on education due to stupid parents...

[-] LaGG_3@hexbear.net 12 points 11 months ago

All those pictures of ![stonks-down](https://www.hexbear.net/pictrs/image/91ace421-c5df-4b29-8bd5-80e99efe107a.png "emoji stonks-down") on his fucking fridge ![che-laugh](https://www.hexbear.net/pictrs/image/cb2faca8-a44f-4e3f-acb4-b9821b1655aa.png "emoji che-laugh")

[-] 5ublimation@hexbear.net 11 points 11 months ago
[-] Antiwork@hexbear.net 11 points 11 months ago

That’s because you didn’t slurp juice it

[-] macerated_baby_presidents@hexbear.net 3 points 11 months ago* (last edited 11 months ago)

The company exists to minimise the cost of increasing the speed of a transaction with "gas fees". Sort of like when you pay for something with your debit card and then pay a second company to make the transaction go through in under a day.

Not what the company's website says (or means). Gaslite.org says they are a B2B company that helps make other companies' smart contracts more gas-efficent. So they look at code and say, e.g., "you can use a storage pointer here instead of copying to memory, and this will make it require less compute to deploy and run", and the client company implements those changes before deploying. The thing that determines transaction ordering is the price per compute. So users paying a higher per-compute rate on a transaction to jump the line is a very different thing than somebody changing their code to require less compute.

Anyway what that actually means is he's a freelance dev who will charge stupid companies a lot of money to run hardhat-gas-reporter on their code.

this post was submitted on 09 Oct 2023
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