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.

  • macerated_baby_presidents [he/him]
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    2 years 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.

  • sicklemode [they/them]
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    322 years 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.

    Well, I bet their son will eventually be interested in a copy of Das Kaptial very-smart

  • UlyssesT [he/him]
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    282 years 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™.

    soypoint-1 no-mouth-must-scream soypoint-2

    These are not well informed or critically thinking people.

    • Saeculum [he/him, comrade/them]
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      122 years 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 [he/him]
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        2 years ago

        I know you’re joking, but judging by what 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 [none/use name]
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      62 years 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 [he/him]
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        2 years 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.

    • UlyssesT [he/him]
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      152 years 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 [he/him]
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        52 years 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.

  • ᦓρɾiƚҽ
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    142 years ago

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