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NFTs with lifetime access to BRAND MINDS events
I just bought some Katana Inu (KATA) and they launched a new game play trailer. This thing looks awesome!! What do you guys think? I can't wait to play this bad boy
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That’s. My minimum too $50k after 2024… GREAT MINDS THINK ALIKE
Well, a lot of people had convinced themselves that it was about to spike up, so when it went down a little bit instead, there was a huge difference down from what IN THEIR MINDS it was supposed to be. Also they probably invested in shitcoins which took a major hit.
People are tipping 25 TWENTY FIVE Moons!? What are you doing!?? Are you outta your MINDS? The last time that happened it was the Probation Periods! /s
EVERYONE LOSES THEIR MINDS 
If tomorrow, I tell you that BTC will rise $2000 in value, or ETH will reach $2500, nobody panics, because it's all "part of the plan" But when I say that BTC will drop $800 in value, then EVERYONE LOSES THEIR MINDS.
While likely welcomed by folks with smaller stakes who want to control validators, there's some security implications worth discussing. Sorry this post is long. TL;DR it's great for smaller stakers, but compared to original 1 stake = 32 ETH, it leads towards increased centralization, increases cost of security by factor 4; decrease penalties for miscreant behavior by factor 4; and increase the probability of certain long-term attacks disproportionately. It's not just this update, it's fractional staking in general. I wrote about the dangers of fractional staking when the possibility of pools was first raised, and here we are. Two steps down the slippery slope. But bringing it back to the surface. **TL;DR #1 if you have 32 ETH you're an idiot not to split it into 4 stakes.** If you have rewards of K for a single validator, and a pool, rewards have to be split between the contributors to the pool. Clearly the market will decide that whoever is "running" a pool will take some premium e.g. k and then split the rest according to the contributors e.g. (K-k)/32 per ETH. k will be set by market pressure, but it will be non-zero, because shrimps will want to stake but can't... and this can be monetized. If a validator has 32 ETH they can choose to either stake it all for reward K, or to stake 4 validators of 8 ETH each in 4 pools charging market rates, to earn 4k + (K-k)/32 x 32 = K+3k Clearly they get 3k more by splitting into 4 stakes than staking on their own. Since k is greater than 0, and the cost to run 4 validators is 1x the cost to run 1 validator, there is no way anyone with two functioning neurons would stake a single validator if they could choose to run 4. Hello validator sprawl, and increased costs of providing the same number of guiding minds providing security. **TL;DR #2: cost of security increases** Since the "security" is provided by the good:evil ratio of **guiding MINDS**, and the pool contributors are along for the ride, if we have 4x as many validators but 1x as many minds, we're paying 4x more for security than we need to. Because evil minds aren't just going to sit there and stake 32 ETH a pop. In fact, it's even worse... evil minds are clever minds. We can bet that 100% of evil minds will used leveraged stakes, and only fraction G of good minds will bother with pools. Therefore if the ratio of evil validators to good validators is 1:S it will shift to (4):(3G+1)S, or (3G/4 + 1/4)S which is higher than 1:S. While the absolute number of guiding minds may increase by the lowering of the entry barrier, evil can also leverage down proportionately. **TL;DR #3 - Cost of evil is reduced:** ETH's POS slashing algorithm is intended to solve the "Nothing at Stake" problem. The amounts of slashing were to penalize various behaviours. Clearly, if behavior by a validator is penalized by X, if they have 1/N of the stake in the pool, they can do Nx as much penalty-worthy behavior for the same cost. We're now at N=4. So... cost of misbehaviour is 1/4. **TL;DR #4 - Opportunity for evil is increased ** Division into block and epochs were designed to create firewalls so that validators in one epoch can't play certain classes of game that involve lookahead, particularly into the next epoch(s). There remain classes of games that can be played by validators "colluding" to do things e.g. looking ahead so many transactions, or so many blocks, and arranging things to be just so. These are limited by the fact that there are a few hundred thousand validators, so the chances of two "colluding" validators being in the right spots at the right time is improbably low. Improbable, but not impossible. Probability per opportunity may be low, but the number of opportunities is large. If there's a one-in-a-million chance of something happening, and there are 0.17M blocks per day, odds are it happens every 6 days or so. Whether it's evil or good depends on the ratio 1:S, now 4:(3G+1)S Ok, that's still rare, and with 0.5M validators, if one of them is evil then it's a 2/million x 6 days thing... which means 12/million days = very long time. But if our validator can now guide 4 stakes instead of one, probabilities are weird in that they don't go up linearly, they go up geometrically. If you have one stake in N validators picked N times, then odds are about 1/N that you'll get picked. And there is a very small chance (1/N^2 ) that you'll be picked twice. With 4 validators out of N, there's a 4/N chance that you'll get picked once, and 4x3x2/N^2 chance that you'll be picked twice. Or about 24 x as large a chance!. If the number of validators goes up by 4 to 4N because each person controls 4, then the odds of one person being chosen twice in a row (for example) goes up by a factor of 24/16. And Evil is not restricted to leveraging just 32 ETH to do unspeakable things. If you're going to throw a monkey-wrench into something worth billions, you might as well go in on a few million. And that's when combinatorial math bites big time. This is particularly true when we go back to the 6 day thing, and small probability things are, sooner or later, inevitable. Evil doesn't have to be evil today. It can lurk. And wait. And meanwhile it can get paid to wait and lurk, because it will be earning staking rewards. Presumably at the market rate of borrowing ETH! So Evil can in fact pay for itself. And it's not all of Evil's paid-for-stake that will be slashed when they pounce, but 1/E of their E stake. X 1/4 because they bear only 1/4 of the cost. So they lose 1/E x 1/4 of what they've put up to wait for a few of their validators to be in the right place at the right time. 4 is still a small number. But the next step is 8, and then 16... and pretty soon what the guiding mind of a validator has at stake may as well be nothing of their own, everything of yours. It's as if we're inventing fractional reserve banking all over again. I don't expect that this "breaks" ETH, but unless CASPER is modified so that penalties are imposed on the actual validator and not on the amount of their leverage, it's going in the wrong direction from a security perspective, and likely will need to be attenuated otherwise a little bit of history tells us it will go where we don't want it to go. But of course, it's great for smaller players who want to earn the 'rewards' of staking.
THEY ARE out OF THEIR MINDS ! That’s awesome you got out I literally never use them but I threw 100 in this morning I was going to buy $link when it got back under $6 this evening BUT NOPE ! Lol SMH 🤦🏼♀️ that’s just messed up! Thanks for post!
If a gov't does it, it's just part of the plan. Tether does it, EVERYONE LOSES THEIR MINDS
Flat earth Hitler could say "crypto good fiat bad" and the average cryptobro would be like "THE GREAT MINDS OF OUR WORLD AGREE"
Game play: https://www.youtube.com/watch?v=XMTKGEVQJEc Review: https://youtu.be/1itHxxkPXp4 ⚔️ Katana Inu 🤩Gamers, check out this brand new trailer! It contains never shown before IN GAME FOOTAGE! And this is only the beginning! 🤯MINDS. ARE. BLOWN! Katana Inu trading is on 🥞 Pancakeswap & 🦄 Uniswap: Buy KATA on ETH 🐕Katana Inu: Katanainu.io This game is going to be a GAME CHANGER! Basically it's fornite with NFTs as the power ups and skills. This shit looks epic! The NFTs will be worth so much, and the entry on the token is PRIME rn! I'm just a long time investor, but this is the best looking NFT gaming project I've seen yet! Big announcements tomorrow so get on it before it's too late!
We saw it coming. While people panic sold. I got me some MINDS ALBT SOL and a lot of other solid ALTs. It’s moon time baby!
>Thats funny about you lefties Who has even said that i am leftwing. Just that THAT is not leftwing. You sucked up on the propaganda. I do not support nor right or leftwing. >"FREE MINDS" "EVERY LIFE IS VALUABLE" Oh yeah some awful values right there
Probably not where you're from. Thats funny about you lefties, shouting "FREE MINDS" "EVERY LIFE IS VALUABLE" demanding that people are open minded for all opinions, as long as this opinion is the same as the leftie agenda. I mean its totally fine for me, i can charge more FIAT Money for my services when less people work in a value creating job, so i can pump more into crypto.
I like how you think…GREAT MINDS THINK ALIKE!
When world adoption comes, there will be much more than 200%. Wait for it, we all will not believe what will happening. IT WILL BLOW ALL MINDS. 0.5 will be enough to retire