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BNB/ETH has been setting higher highs and higher lows for 9+ years
Binance founders need to decentralize/dump more supply on the market to correct this problem immediately
According to hl_eco, the validators are decentralized across a few different companies and buildings in Tokyo. They have decentralized server admins and delegators as well.
Although, decentralization is a spectrum of course. Would greater geographic and economic decentralization of the validators be more bullish for the price of HYPE?
Maybe not if it would increase latency and decrease the speed with which they vote, activate network upgrades, operate oracles, and list/delist markets.
Maybe not if a greater % of the total HYPE supply were decentralized in such a way that creates net sell pressure.
People often think greater decentralization is bullish because BTC and ETH are #1 and #2 marketcap. However, how much of their lead is simply first mover advantage?
BNB, XRP, and TRX outperformed them on many timeframes, despite having founders who probably control enough supply to dictate the validators if they really wanted.
People often claim greater decentralization is bullish because it defends against overregulation. However, a higher coin price might be more effective for that. As we saw with BNB, XRP, and TRX successfully defending themselves by allocating their Number Go Up warchests.
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In fact let me be the first to say if you dont have some privacy coins you are a pussy and cant really purchase anything anonymously worldwide. You have no global reach. You cannot protect or provide for your women. You cant survive independently and arent independent.
Ladies if your man doesnt have some privacy coins then he cant handle anything and has no danger sex appeal. He isnt edgy and there is nothing interesting about him.
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BitcoinQnA/seedtool has a last word calculator
the same seed could be loaded into iancoleman/bip39 and other offline wallets to verify the derivations are legit matching
cake wallet has no last word guesser to easily use "recovery seed" to create dice roll or coin flip seed, which is verifyable and avoids cake/coldcards low entropy bug, also "trust" wallet was affected, just roll baby roll,
So we must try 16/256 times in average for a 12/24 seed.
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There's no need to use any software/hardware to generate the first 11 or 23 words of a seed.
This has been the bip39 best practice for 10 years:
• generate seedwords entirely offline on paper using taelfrinn/Bip39-diceware
• generate the final seedword that completes the bip39 checksum using iancoleman/bip39 on a properly airgapped machine
• read the glacier protocol and design document to understand how to properly airgap a machine and all the other risks/nuances of cold storage
Even if a user neglected to use precision dice* and flipped a 60/40 biased coin — it would only reduce entropy by 10-20 bits with this method
*assuming they used average dice that weren't extremely biased
Rolling a die 60 times takes 2 minutes.
Converting it to a seed phrase takes 1 minute.
Is your Bitcoin worth 3 minutes of your time?
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The self-immolation continues. Dude sold another $46 million in $MSTR shares to fools to buy yet even more Bitcoin. Torched a couple billion (dollars) so far. The stock round tripped since “MicroStrategy adopted its Bitcoin Strategy,” so he’s going to need a new catch phrase. 1/
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.@saylor tells CNBC´s @davidfaber all is well with the "fortress" balance sheet - just last week.
MicroStrategy MSTR short-term bonds due in 2025 are trading at 61 cents, 15% junk yield.
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