1/ ERC-20 token standard approve() has caused an unnecessary cost of $53.8M for #Ethereum and #DeFi users
This is bad. Continue reading why and how to avoid this in the future.
👇👇👇
You know this because when you do a Uniswap trade you need press two transaction buttons instead of one.
https://t.co/ZHXzPBbqJJ
1/ I just spend my Saturday morning on a call with a crypto fund explaining to them how #Ethereum ERC-20 token approve() function works
— \U0001f42e Mikko Ohtamaa (@moo9000) August 29, 2020
I am too old for this shit. pic.twitter.com/7EYfOaRP5L
https://t.co/YnK1p8u75n
(But links are outdated because Google Cloud has new UI)
Woo! One billion transactions will be done in a few days!
Alternatives for ERC-20 include:
ERC-777
ERC-667
ERC-827
ERC-223
(did I miss any?)
Centralised exchanges do not need to do anything to support these new, better, token standards that make smart contract and #DeFi interactions safer.
Every time someone creates a new ERC-20 token, hundreds of thousands of dollars die.
Let's actively demanding non-ERC 20 tokens from developers.
And if that does not work I suggest we start punching ERC-20 developers to face over the internet
Newer token standards need some similar mechanism to pass user data as the part of the transaction, but this cost is lower compared to additional approve() tx.
Prove me wrong.
CC @dmihal @FrancescoRenziA @abcoathup
Now I am going to climb the mountain, get fresh air and visit monkies
More from Crypto
We should be proud about @0xPolygon. But don't invest if you don't understand what they do just like any other asset class.
Should you invest in Polygon (Matic)?
— LearnApp (@LearnApp_co) June 12, 2021
\U0001f4a1 Here's @PrateekLearnapp's take on #Matic, as shared on @CNBCTV18News.
What are your thoughts on #Polygon (Matic)? \U0001f4ac
Read the full article here \U0001f449 https://t.co/rmLTV0WFo2#crypto #cryptocurrencies pic.twitter.com/9k1lclN7oL
🚨Altcoin Trading Indicator🚨
How to use it. A THREAD.
Please Share.
To use it to buy Altcoins and make a high probability entry, the following conditions needs to be fulfilled.
For a long.
1. A green candle Closes above the cross.
2. Heikin Ashi candle turns green.
3. Price should be above 0.236 Fib from the swing high.
How to add the Indicator.
1. Click on the link and Add it to favorites and apply.
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2. Or Search it in the tab and then apply it.
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The base of the indicator was by @insiliconot.
To further enhance it, I have added a cross indicator on the cross which works the best historically on Alts.
Condition 1- The cross.
Entry is made when a Cross occurs on the EMA 13/21.
The indicator automatically indicators the Cross with P for a positive cross or N for a negative cross.
This is the first condition for an Entry.
How to use it. A THREAD.
Please Share.
To use it to buy Altcoins and make a high probability entry, the following conditions needs to be fulfilled.
For a long.
1. A green candle Closes above the cross.
2. Heikin Ashi candle turns green.
3. Price should be above 0.236 Fib from the swing high.
How to add the Indicator.
1. Click on the link and Add it to favorites and apply.
https://t.co/Kn90qgDjMi
2. Or Search it in the tab and then apply it.
The indicator itself the most comprehensive Moving Average Indicator which provides 9 MAs and 13 Different times of MAs.
The base of the indicator was by @insiliconot.
To further enhance it, I have added a cross indicator on the cross which works the best historically on Alts.
Condition 1- The cross.
Entry is made when a Cross occurs on the EMA 13/21.
The indicator automatically indicators the Cross with P for a positive cross or N for a negative cross.
This is the first condition for an Entry.
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I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
As someone\u2019s who\u2019s read the book, this review strikes me as tremendously unfair. It mostly faults Adler for not writing the book the reviewer wishes he had! https://t.co/pqpt5Ziivj
— Teresa M. Bejan (@tmbejan) January 12, 2021
The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x
Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x
The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x
It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x
