bernorange

I'm at 248,813 hexes covered (149.4k hexes discovered). Currently ranked 326 overall on the League standings. I should get a boost after I hit 250k hexes.

It occurred to me that your comments were specific in referring to Marc Andreessen? If so, it's a dumb take as my interest in debanking and Operation Choke Point 2.0 was piqued long before he cast a light on the subject. It's not about him or any other "crypto billionaire". I was quite clear on page one of this thread with my interest in the subject. ~~~ https://www.wsj.com/livecoverage/stock-market-today-dow-sp500-nasdaq-live-12-20-2024/card/majority-of-crypto-hedge-funds-report-facing-banking-issues-in-recent-years-Nat2gsEh0xPEleK6583O

The "hexes claimed" display on the map post-recording sometimes happens immediately and sometimes takes several hours (up to half a day or so) in my experience. But I've experimented by: - record and submit a session while capturing virgin hexes - post-submission, verify that virgin hexes are not showing as claimed on the map - start a new record and cover the "virgin" hexes again - stop record and submit - check session totals and see if it shows credit for virgin hexes (spoiler - it does not) The database knows the hexes are claimed, even if the map display on your phone doesn't show it yet.

I woke up this morning and wasn't feeling a walk. I had walked a lot yesterday and was thinking I might take a rest day. However, in the end, I put on my walking shoes and set out for virgin hexagons. I'm always keeping my eye out for shiny treasures on my walks and have probably been averaging around twenty cents a day over the last month or so. This morning, as I entered the parking lot of a strip shopping center, I spied a green bill on the ground. Turned out to be a 20 spot folded in half and stuck to the pavement from the night's rain/drizzle. Nice.

@elfenix- that's a gross mischaracterization of my contributions to this thread. It's not like I don't have a history of ranting about issues pertaining to government abuse of power or personal and financial liberty. Do what you like, but at least be honest about it.

The seed phrase is your master "password". Every wallet/address has a master password (or seed phrase). Even the wallet/address assigned to you by a CEX like Coinbase has a seed phrase (but they keep custody of it, not you). Seed phrases are composed of 12 (or 18 or 24) words from the BIP39 Standard and are just a translation of the random character string that cryptos actually use. https://cryptonews.com/academy/seed-phrase/ When you get a Ledger and set it up, you will generate a master password/seed phrase. You should safeguard this password. I got the Cryptotag Zeus from Ledger to punch the code into titanium plates. No worries about fading ink, water or fire or so on. With your seed phrase secured, you can gain access to your wallets/addresses on any Ledger device - so if your Ledger Nano/Flex shits the bed, you can replace it and recover access to your wallets/accounts. Ledger introduced a "Ledger Recover" service that is provided by CoinCover. Reading through their service agreement, it sounds a lot like its structured similar to what Unchained Capital or a multisig wallet does: https://www.coincover.com/ledger-recover-terms-and-conditions It is not a back door into the Ledger device. It's an optional service that distributes safeguarding of your seed phrase.

FWIW (Random posts thread claiming the drones are DOD property first used in Ukraine. They are designed for measuring radiation and used for sweeping an area looking for dirty nuclear bombs.):

What is your hesitation on using a Ledger? I've been using a Ledger Nano X for about a year and a half now. Works great.

Clearly, market conditions are too tight and the Fed needs to cut rates. /sarc

This morning, Silencio held an AMA livestream on X. I listened in and heard the following tidbits: Silencio is already generating revenue (I'm assuming from the optional ads in the app when claiming a recording). They are working on marketing the noise data to portals covering real estate and hospitality booking. An integration of Silencio noise data into Google Maps remains an ideal that they want to accomplish, but it sounds like it's not on the near term horizon.They mentioned that 75% of revenues will go to the Silencio economy - the Silencio foundation will only keep 25% for operations.Silencio is experiencing an exponential growth rate on app usage and noise data recorded. Over 400k users presently and they expect to hit half a million very soon.Silencio has an advisory board that includes some European (government) noise policy honchosThey are working on enhancing the explorer map in the app so people can drill down on a hexagon to see its history of noise recordings (when recordings were made) In addition to the above, Silencio talked about the $SLC token: The token generation event (TGE) and beta airdrop will happen one right after the other (more or less simultaneously).They are finalizing some confirmations with exchanges that will list the $SLC tokens. They expect to have 5-6 exchanges listing $SLC upon the TGE (and more to follow of course).They currently expect the TGE will happen in January (next month). Sounds like there are a few weeks left to improve your League standing if you want more $SLC from the airdrop.The parameters for the "Lucky Draw" distribution for the beta airdrop have changed. The draw will now pick 1,000 winners (instead of 100) and people need to have earned 10k noise tokens to be eligible for the draw (instead of 1k). If you don't have 10k noise tokens presently, you have a few weeks to get there.The PEAQ network will be rolling out a campaign soon and Silencio will be participating in it. When it goes live, we'll be able to earn both $SLC and and $PEAQ (ie. double rewards) for using the app. They didn't provide any details on this, so I'm not sure if there are some special requirements for this or not. I'm sure they will announce details before it goes live though. This is actually pretty cool though as $PEAQ is live trading right now and actually has a market value (about $0.56 per $PEAQ token as I compose this).Silencio will be publishing a white paper with full disclosure on $SLC tokenomics next week if I heard correctly. They mentioned a breakdown of:45% reserved for community (people using the Silencio app)7% to exchanges for trading liquidity11% to investors (VCs)23% to core foundersthey mentioned something for the remaining 14%, but I didn't quite catch it

https://www.bankingdive.com/news/evolve-seeks-dismissal-yotta-lawsuit/735323/

So Ripple Labs is launching a new RLUSD stablecoin. https://www.msn.com/en-us/money/other/xrp-soars-11-as-ripple-rlusd-stablecoin-prepares-to-launch/ar-AA1vGZby So if this is well regulated, I'm guessing they won't be able to claim their XRP holdings as a cash equivalent backing for RLUSD? Will they be forced to dump/sell XRP to raise cash for RLUSD?

In my article, I included citations for credit card transactions (~1,708 per second) and ACH (electronic checking) transactions (~1,458 per second). There are many alt coins that exceed this threshold easily: https://chainspect.app/dashboard Polkadot (DOT) recently stress tested their Kusama chain and processed over 128k transactions per second:

Had to do something to keep the audience awake! (yeah, that's the ticket) I'll see about fixing those - thanks for the feedback. The scalability issue was actually the source of a significant row amongst developers some years ago (block size war/argument). Roger Ver - the guy going to jail for tax evasion - co-authored a book that supposedly covers this topic in more depth (I haven't read the book - just heard about it): https://www.amazon.com/Hijacking-Bitcoin-Hidden-History-BTC/dp/B0CXWBCWDR I tried not to dive too much into the technical weeds for the article.

FWIW, I published a lengthy article addressing Sen. Lummis BITCOIN Act here: https://www.pmbug.com/threads/know-what-you-hold-gold-bitcoin-altcoins-and-government-reserve-funds.7919/

This is easily mitigated with a 10 yards minimum offense.

https://www.coindesk.com/policy/2024/12/05/u-s-regulator-told-banks-to-lay-off-crypto-letters-obtained-by-coinbase-reveal

https://www.msn.com/en-us/money/markets/bitcoin-to-emerge-as-premier-store-of-value-asset-hit-1-million-by-2033-says-bernstein/ar-AA1vkA7E

The contortions of the "rational" mind. Fascinating. The Hawk Tuah girl might actually end up in legal trouble for her rug pull yesterday. Such an obvious grift. Anyone who bought that shit deserves what they got. With respect to value propositions for alt coins, are you asserting that there is zero value for the following use cases? DePIN RWA tokenization cross border remittance DeFi zero knowledge proof systems

Clean up on aisle 5! I take this as a sign that they are getting closer to the airdrop. I suspect it will take at least a couple of weeks for this fraud mitigation effort to play out.