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Showing 20 of 420 results by WilderX
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Board Bitcoin Discussion
Topic OP
DEFI coming to BITCOIN more Secure/Efficient/Scaleable/Decentralized than ever!!
by
WilderX
on 21/11/2024, 10:35:33 UTC
Hey Bitcoin OG's! Did you know we are going to MAKE BITCOIN GREAT AGAIN!

Decentralized exchange CWAP SWAP build on COINWEB brings DEFI to BTC more secure, efficient, scaleable and decentralized than ever!!!

This and much more building on COINWEB! Learn about the revolutional tech on: https://coinweb.io

Check out video on X
https://x.com/CWAPSWAP/status/1859491939659416021

Q: What recent wallet integrations have been made for CWAP? 
A: We've just integrated Ledger and Walletconnect, and the amazing part is that the developer completed it in just two days! This speeds up our roadmap, allowing CWAP to integrate more seamlessly with these widely used tools.

Q: What makes CWAP stand out compared to other DEX platforms, like Thorchain, in terms of transaction costs? 
A: CWAP is much more cost-efficient due to fewer fixed costs. For example, Thorchain has a ton of overhead expenses, with each of their 100 nodes costing around $3,000 a month, and node operators earning $30,000 monthly. This all adds up to millions drawn out of their system every month—costs CWAP completely avoids.

Q: What is the fee difference between CWAP and other DEXes?
A: It varies, but on Thorchain, fees can sometimes spike up to 20% for smaller transactions. On larger transactions, CWAP fees typically range between 2% to 0.2%, depending on liquidity and market conditions. Thorchain’s costs come from liquidity pool balancing, relying heavily on arbitrage trades, which adds even more inefficiency.

Q: Why are CWAP's fees so much lower than competitors like Thorchain? 
A: CWAP uses partially signed Bitcoin transactions (PSBT), which helps drastically lower costs by bundling transactions together. This makes outgoing settlement transactions cheaper compared to Thorchain, which multiplies its outgoing transactions by 3x. In many cases, CWAP’s fees are even lower than a regular transaction cost.

Q: How does CWAP handle Bitcoin transactions efficiently? 
A: The beauty of CWAP is that it uses PSBTs to make Bitcoin transactions incredibly cheap. This allows a market maker to create a partially signed BTC transaction, which the taker then extends and signs with their payment. This prevents multiple users from settling the same PACT and ensures only one transaction can be mined, cutting down overhead.

Q: What is the real-world advantage of using PSBT for DEX transactions? 
A: PSBTs make transactions cheaper and faster. The market maker can frequently update prices, reducing slippage, and allowing orders to be settled immediately when the BTC payment hits the mempool. This minimizes risk for both market makers and users, which in turn reduces the spread.

Q: Does anyone else use PSBT for DEX transactions? 
A: No, not as far as we know. CWAP’s use of PSBT for DEX transactions is a unique trick that allows us to offer much cheaper transactions than other platforms.

Q: When can we expect to see more trading pairs on CWAP? 
A: As soon as possible! We're working towards opening up permissionless listing, which means anyone can list their desired trading pairs. It’s just a matter of deploying a smart contract, which is a type of Coinweb transaction that can be set up in CWAP and signed using the Coinweb wallet.

Q: What is the cost difference between CWAP and Thorchain on collateral? 
A: Thorchain requires ~100x the collateral compared to CWAP. While Thorchain has 100 million in daily volume and typically around 400 million in collateral, CWAP operates with just 2x collateral. This makes CWAP much more efficient and less capital-intensive.

Q: What are CWAP’s overall operating costs compared to Thorchain? 
A: Thorchain has massive costs, with node operation alone drawing out $3 million monthly. In contrast, CWAP’s transaction fees are negligible. Coinweb was built to enable high-capacity computations, and its smart contracts are lightweight. There’s also a low setup cost for PACT on layer 1, making continuous updates cheap—less than $20 per day!

Q: What are the specific advantages of CWAP's use of PACTs? 
A: CWAP’s PACT collateral costs are optimized for cross-chain transactions, making it nearly impossible to secure cross-chain trades cheaper than on CWAP. Using the current funding rate for collateral, the capital cost for a 1 BTC transaction is just a few cents, making it one of the most efficient platforms for cross-chain swaps.
Post
Topic
Board Bitcoin Discussion
Re: WHAT HAPPENS TO BITCOIN IF ATLANTIC INTERNET CABLES ARE CUT OFF?
by
WilderX
on 04/10/2022, 18:58:18 UTC
https://en.wikipedia.org/wiki/Satellite_Internet_access


For example:

https://blockstream.com/satellite/
The Bitcoin blockchain from space. No internet required.

The Blockstream Satellite network broadcasts the Bitcoin blockchain around the world 24/7 for free, protecting against network interruptions and providing areas without reliable internet connections with the opportunity to use Bitcoin.



Thanks for that I had forgotten about the Blockstream satellite network. So lets assume everything else is gone would BTC really be able to run and produce new blocks with just that small satellite network?
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Topic
Board Bitcoin Discussion
Re: WHAT HAPPENS TO BITCOIN IF ATLANTIC INTERNET CABLES ARE CUT OFF?
by
WilderX
on 04/10/2022, 18:50:17 UTC
blow up ALL internet cable?  well good luck.. there are more then one


answer in short. the ping increases (speed slows down).. by a few milliseconds

Russia has submarines all over the World I think it is well within their cababilities to fuck up the Western World when they want.
Post
Topic
Board Bitcoin Discussion
Topic OP
WHAT HAPPENS TO BITCOIN IF ATLANTIC INTERNET CABLES ARE CUT OFF?
by
WilderX
on 04/10/2022, 18:38:25 UTC
So have any of you been wondering what happens to the Bitcoin network if the Atlantic internet cables are cut off?  Huh

Gas pipelines on the Baltic sea was just recently blown up so it's not so far fetched scenario to happen is it?

Will the network fork?

Would Elon Musks Starlink satellites still keep the Bitcoin network up and running if all th cables are cut? Assuming the miners would use that as back up solution?
Post
Topic
Board Altcoin Discussion
Re: So the ETH merge has finally happened
by
WilderX
on 18/09/2022, 09:25:55 UTC
Sorry guys but the ETH price is going to tank hard, because now it costs almost nothing to create more ethereum big wallets can just create lots and lots of new ETH by just holding/staking them...

It used to cost a lot of energy to create one ETH when it was still Proof of Work. But now it's next to nothing.

So you will see the price returns to pre 2018 levels in the future. From 10's to max couple of hundred dollars per ETH.

Also now the SEC is coming for ETH because it is proof of stake and that makes it a security now.

So you will see ETH price will be exactly what it costs to make one in the end. Which is very low value.
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 21/09/2021, 11:19:01 UTC
Today HASH RUSH founder NFT bundle sale and remember to register for playtest tomorrow at:

https://hashrush.com/

Join Discorcd community!
https://discord.com/invite/Kzx9K3qh
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 23/08/2021, 17:11:15 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 23/08/2021, 06:36:31 UTC
Cagy makes video about Hash Rush!!!

https://www.youtube.com/watch?v=Wk3CkJsb-aI
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 20/08/2021, 12:59:28 UTC

https://twitter.com/PlayHashRush/status/1428699865534636035

4PM Stockholm time make sure you are ready for the BURRRRRRNNNNNNNN!!!!!  Grin Grin Grin

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 19/08/2021, 15:07:43 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 19/08/2021, 09:09:11 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 05/08/2021, 15:38:03 UTC
GAME LAUNCH CONFIRMED 22nd September!!!

Make sure to buy at least 100 RUSH before the August RUSH burning event so you can get the special NFT from the event!

RUSH price going parapolic soon! Few RUSH available on uniswap:

https://v2.info.uniswap.org/pair/0x273a5cf7b9ea9a2dfe4f45726d706c81ed0873aa

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 18/05/2021, 17:43:07 UTC
HUGE NEWS!!!

Neal Adams, the artist best known for creating the modern-day Batman is to partner with Vorto Gaming on an exclusive comic book and NFT collection.

The partnership will see the Eisner Award Hall of Famer and legendary artist compose a bespoke comic book around Vorto Gaming’s maiden title, Hash Rush, which is to be released on the Vorto Network — Vorto Gaming’s free-to-play gaming platform and digital economy — later this year.

Set in the Hermeian galaxy, the comic will feature new and existing Hash Rush characters, with a storyline plotted by Adams, who has played a major role in shaping stories and visuals for a number of DC Comics and Marvel hits including Superman, X-Men and Green Lantern. He will work alongside Swedish-based ComicFirst Entertainment and their artist Mikael Bergkvist, for whom Adams has been a longtime mentor.


Full article here: https://medium.com/@VortoGaming/legendary-comic-artist-neal-adams-partners-with-vorto-gaming-for-exclusive-comic-nft-collection-e5346719d758
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 11/05/2021, 09:56:36 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 06/05/2021, 13:58:56 UTC
PAMP PAMP PAMPAMENTALS!!!  Grin Grin Grin

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 05/05/2021, 16:26:58 UTC
Remember BOIS!!! Pampamentals!!! Fandamentals!!! https://www.youtube.com/watch?v=xXrkgWDcd7c

Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 04/05/2021, 09:29:41 UTC
Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 04/05/2021, 05:42:23 UTC
Be sure to sign up today via www.hashrush.com to start play testing the new version of Hash Rush!

https://www.linkedin.com/feed/update/urn:li:activity:6793132139283025920/

Delighted to share the news that we will be launching a reimagined version of Hash Rush - starting with a play test sign up period that will commence next week via www.hashrush.com

The sign up period will go live on Tuesday 4 May and give 30,000 gamers the opportunity to experience a reconfigured universe that will be revealed this summer.


Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 03/05/2021, 15:34:01 UTC
WE ARE MOVING!

THIS TRAIN AIN'T WAITING FOR YOU BOIS!!!  Grin Grin Grin


Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Hash Rush – Official News, Updates & Community Thread
by
WilderX
on 29/04/2021, 14:43:57 UTC
ALL SYSTEMS GO!

1) Low fully diluted market cap (10M$) Check!
2) Deflationary supply 10M token supply (RUSH burned in game shops). Check!
3) Hard working public team with AAA experience. Check!
4) Already playable game is fun, beautiful and alluring long term. Play to earn, Collect and trade rare NFTs, Compete on scoreboards and fight for control on central planet and own land and build! Check!
5) Hash Rush is totally under the radar as final version of the game is just months away marketing and mass attention have not even began yet. Perfect time to get in insanely huge potential 100-200x! Check!

What a GEM to find and buy in this bull market just before we go parabolic!

https://app.uniswap.org/#/swap?inputCurrency=0xcfcd43d7ee21416a71c2eb9888587d52716fc77a