Petition to change the emblem
2021.12.08 21:16 liil_lil Petition to change the emblem
2021.12.08 21:16 snrcambridge Gamestop L2 competition analysis (and why it's Loopring)
Given all the hype around Loopring, I decided to do some digging to determine if the L2 partner is really Loopring. Yes Matt Finestone works for Gamestop, and yes Loopring made a commit with Gamestop's name referenced, but we've been burnt numerous times before by buying into the hype - looking at you NTFCON.
This analysis will attempt to be unbiased, so please take the good with the bad.
What is Gamestop making? First a brief introduction into what many of us believe Gamestop might be trying to make. Their NFT website states,
power to the players, power to the creators, power to the collectors. This is pure speculation.
Power to the players To keep it brief...
Power to the creators
- NFT game licenses so digital games can be sold / traded like the good-old days.
- Rewards for playing / contributing to the game ecosystem / metaverse (future).
Game development is brutal, developers (and artists!) get low pay and the excessive work is largely unrecognized and can become unrewarding. Corporates are maximizing profits at the cost of originality and user satisfaction. Making Games can be fun and reward, by giving the power back to the creators a new rejuvenating life can return to game development.
Power to the collectors
- Crowd funded games
- Direct financial payment to creators == Indie games!!!
Games have a lot of unique content that is often bespoke, time consuming, and might only appear 1 time in a game, it's crazy.
What is required to make this? Fees
- NFT assets / game inventory - reuse across games
- NFT in game rewards
- Marketplace for game economies (anyone who has played WoW will understand how big these economies can become)
The first and most obvious is low fees. Ethereum is unusable in its current state for high throughput game mechanics (at least for most of us). L2 is promising for transaction fees, but comes with an important caveat - you need to get onto L2. In a post on the Loopring subreddit (see history) I experimented with what I would consider a standard approach to getting from Fiat to L2 as it stands today via the Loopring Smart Wallet. The total was $288 (111 LRC @ $2.60). The process was Fiat -> Binance -> Loopring Smart Wallet (ethereum fees) -> Smart Wallet Setup (ethereum fees for smart contract) -> Transfer from L1 to L2. Scale
The solution must scale to thousands of transactions per second (TPS). Most of the L2 solutions are capable of this already. Mainstream adoption
Crypto is confusing. I've been in tech for over a decade and crypto is intimidating even for me, so for a non-technical gamer who just wants to relax after work, crypto is too much admin. I like the comparison to computers in the 70s. The UX is terrible, only specialists are really interested and it scares people because they don't understand it. Gamestops selected solution will have to delight
Based on what is trying to be built, and the non-functional requirements from the technology, we can draw a few conclusions. The technology should have a native token
The name of the game here is exchange. A native token can act as a fueling currency for all things Gamestop. Users will somehow exchange Fiat (real money) for L2 money (native token), and they're ready to get involved. The technology should be capable of creating a DEX
To survive the long term economies which could arrive from the metaverse and game development (and surely Gamestop is thinking long term), the selected technology must be capable of high throughput, high complexity autonomous trading systems. A DEX (distributed exchange) is exactly this. It makes sense that Gamestop would choose a technology which has already proven it is capable of building a DEX-like platform on its L2 technology. A theory I also love is this tweet by RC
is saying CEX (centralized exchanges) are stupid (with a little DRS your shares thrown in there, double win?). The technology must support NFTs
It's on the website, NFTs are a certainty. The competition Here
you can see the major competitors in the L2 world. ( or on the Ethereum rollups page
In my eyes we have 5 main technology competitors here. Arbitrum / Optimism
Arbitrum and Optimism are technologies known as Optimistic Rollups
. Optimistic rollups are a good general purpose L2 technology but underperform as a DEX (if a rollup is disputed a whole lot of work needs to be done). I believe that these two solutions, while dominant at the moment, will lose out to zkRollups in the long term. A forward thinking company would not select a technology which is close to being obsolete. zkRollups additionally offer fast withdrawals, whereas Optimistic Rollups require about 1 week. Imagine Gamestop telling it's customers need to wait a week to withdraw their money from their platform, it's not going to happen.
In general, my own view is that in the short term, optimistic rollups are likely to win out for general-purpose EVM computation and ZK rollups are likely to win out for simple payments, exchange and other application-specific use cases, but in the medium to long term ZK rollups will win out in all use cases as ZK-SNARK technology improves. - Vitalik
Read more on Vitaliks blog
. Polygon Hermez Hermez
has been bought by Polygon and is their play at true L2. Hermez doesn't appear to be production ready and does not have their own native token. I believe for these reasons they should be excluded. zkSync zkSync
is a bit of an enigma to me. It appears to be primarily a set of development tools for building payment systems. zkSync doesn't have a native token and don't have a DEX. Perhaps someone here who is more familiar with the benefits of zkSync could post it here. StarkEx StarkEx
by Starkware is a very real contender. They're used by multiple platforms, some really polished DEX's such as dydx
, support NFTs, fast withdrawals, the list goes on. I personally would pick StartEx as the technology of choice if it wasn't for 1 simple fact... They're funded by fucking Sequoia Capital
. Sequoia Capital has popped up everywhere in the Gamestop saga as a significant antagonist. I think it's safe to assume Gamestop would not partner with their sworn enemy. Loopring Looping
is our remaining candidate. Loopring is a mixed bag. Not great stuff Loopring Smart Wallet
The Loopring Smart Wallet experience for me was quite negative. I thought the app itself was poorly designed, had a number of unimportant features, poor explanations and seemed like the whole thing was not coded very well. Annoyingly their social recovery website interface didn't work at all with a standard Firefox browser (because of default tracking protections), if that happened when I really needed it, I would shit bricks.
I can see what they're attempting to achieve with a social recovery L1 & L2 wallet, but the execution was half baked. It is important to note that the Loopring Smart Wallet is not Loopring or the Loopring L2 DEX
but rather just an attempt at a mobile wallet. L2 Rollups
Something that really took me by surprise was when I tried to transfer L2 -> L1 and the fees were 17.65 LRC which is about $45 at the prices of the time. If Loopring is rolling up transactions on L1 (and therefore balances), surely an L2->L1 should be cheap? After some discussion in the Loopring discord I reached the conclusion that Loopring doesn't actually roll up L1 transactions, it only rolls up L2 activity which it keeps nice and safe on Ethereum. So the $45 cost I was see is the smart contract cost to off-ramp out of the L2 contract. This was quite a shock and had me really second guessing the whole system. Sure your L2 funds are safe and can always be withdrawn, but gone was the idea of cheaply sending money to any L1 wallet.
Initially this had me doubting the Gamestop relationship, but then I realized that cheap L1 transfers had nothing to do with what Gamestop is trying to achieve. Loopring L2 is an ecosystem, and that fits with Gamestops suspected ambitions. Fees
Getting into L2 currently requires a transfer from L1. This costs fees. This is not a huge deal if you're transferring large amount of money, but if you're wanting to buy a sword for $10 and it costs you $40 to put that onto your account, you'd quickly nope out of there. Fees once on are L2 are alright (~$0.50) for a transfer, but they could be improved hopefully with reduced L1 load (by moving to L2) and Ethereum scaling improvements. Code / Code Management
I'm not wildly excited about what I see in the Loopring Github, especially the leaked Gamestop NFT code. My only hope here is the private repos are of a higher standard. The fact that non-production code made it to a public repo whether accidental or not I find discouraging, RC plays his cards close to his chest, and a sloppy leak like that is poor form. The Solutions
For every Gamestop non-functional requirement, Loopring has a feature soon to be released which addresses it. Counterfactual Wallet
Counterfactual Wallet is like trying before you buy. You get to experience L2 before actually putting money on it from L1 (at least this is my understanding). This reduces the barrier to entry for all Gamestop Powerup members getting on boarded onto crypto. L2 OnRamp and OffRamp
I've seen whispers of Loopring planning OnRamp and OffRamp (putting money on and off) direct to L2. This would be massive as the cost of getting money from L1 to L2 would no longer exist. In my opinion this is just as important as counterfactual wallets. NFTs
We've all seen commits which describe NFT marketplaces on Loopring which is exactly what Gamestop is also
suggesting. NFT minting and trading in L2 is a must for the Gamestop platform. User Experience
It's important to detach the Loopring user experience from what an implementing partner (Gamestop) experience might look like. Sure Loopring isn't great at frontend, but it's the Loopring SDK / foundational L2 product we're interested in. Gamestop will not just list on Loopring DEX, they will create their own platform which utilizes the technology that the DEX is built on. Gamestop is in it to delight
and I'm certain they'll bring a user experience far beyond what we're currently seeing with just Loopring alone. TLDR:
Loopring seems the most likely competitor when you analyze the market on a few assumptions. Loopring has an action plan to address all the pre requirements for a Gamestop NFT ecosystem.
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to loopringorg [link] [comments]
2021.12.08 21:16 RacingIsASport I’m out
M24. I’m finally out of this nightmare. For the past two years I’ve tried to reconciliate my now ex-gf (which is black) with my racists and narcissistic parents. I rushed in the relationship almost four years ago because subconsciously I wanted to get away from my toxic parents. But the girl was very possessive, I couldn’t see my friends or look across the street without being accused a cheater.
So for the past 2-3 years, I tried so hard for them to get along, and it almost cost me my life. I was torn and played with, like two babies playing tug of war with a toy. I had panick attacks, and no one to turn to. I felt confusion and I always triple-guessed my feelings and my thoughts. Had to compromise so much of my personality, my well-being so everyone else could be comfortable.
Three months ago, my ex moved out because she couldn’t stand the insults and the abuse from my parents anymore, while wanting to continue the relationship. Now that I was on my own, I could focus on cutting my parents, which took all that was left in me. Then a month ago I broke up with my gf who from a distance still tried to control me. Since then I’ve been drinking and smoking weed on my own just to cope. Suicidal thoughts are there but slowly going away. Parents are giving no sign of life. Ex gave me a last djab by flagging my tinder just because she was jealous. Now my account is banned and they won’t revise it, so it’s going to be harder to find someone else. But it’s giving me time to heal.
I feel like the dust has settled. I have had therapy sessions since two months, which helped immensely. I just need someone to take me in their arms and tell me it’s going to be ok. Next week I’ll go adopt a cat, maybe it’ll help.
If youre reading this and are going through a lot, know that you are in control of your life. One day it’s going to be over and a new chapter will begin. Just try your best, reach out for help and improve on yourself and it’s going to be ok.
To quote a song I like: « The sun’ll come out Nothing good ever comes easy I know times are rough But winners don’t quit So don’t you give up »
submitted by RacingIsASport to relationship_advice [link] [comments]
2021.12.08 21:16 JMyers666 Baby Steve the hamster enjoying his very first pumpkin seed at The Pipsqueakery in Indiana
2021.12.08 21:16 Gtex555 Lets look at the numbers from the last 24 episodes , see who is actually doing better
2021.12.08 21:16 luceeheart looking for sugar daddy (:
looking for a legit sugar daddy who doesn’t require me to pay first !! im so broke 3 hmu (:
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2021.12.08 21:16 AutoModerator Happy Cakeday, r/HairStylistTribe! Today you're 2
Let's look back at some memorable moments and interesting insights from last year.
Your top 10 posts:
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to HairStylistTribe [link] [comments]
2021.12.08 21:16 Wise-Lavishness-6252 LF: 6IV Foreign Vulpix, FT: English(North American) 6IV Vulpix
submitted by Wise-Lavishness-6252 to BDSP [link] [comments]
2021.12.08 21:16 BarneySusan Wavy Dove | help us clean up the world's Ocean | A community driven Token | pre-sale on Sunday 12th
Wavy Doge $WDOGE is a charity focused token on the Binance Smart Chain. We are looking to help make a difference in cleaning up our worlds’ most polluted oceans and also help protect the worlds endangered marine life. We hope you will join us on our mission to save our worlds ocean marine life.
💰Total Supply: 1,000,000,000,000,000
✅ Contract Verified
🚀 Presale on Sunday December 12th
🎗5% Charity Tax
💰3% Automatic LP
💎2% Returned to HODLers
📈2% Marketing Tax
📈 Marketing Strategy:
➡️ YouTube and Tik Tok Influencers
➡️ Poocoin Advertisements
➡️ Posts across various cryptocurrency Reddit group
Future Plans Include:
🔮 Donating to more outstanding ocean and water-based conservancy charities (including Oceana, Sea Shepard Conservation Society, Coral Reef Alliance, and more!)
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‼️Please join our telegram to find out more information and to become a part of our amazing community!
submitted by BarneySusan
to CryptoMoonShots [link] [comments]
2021.12.08 21:16 ShoddyCookie Newark and Patterson chats too !! lmk 20 for everything in the pics provided
2021.12.08 21:16 BHxABN Jarl Toyota
Does anyone know what video he used the jarl Toyota image in, I could have swore it was a video about their new camera car but I can't find it and it's driving me crazy lol Thanks all
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2021.12.08 21:16 Basic_Class32 Curve for Tommaso Buvoli in Math 22
I am currently taking Math 22 with Tommaso Buvoli and I heard that he curves the grades at the end of the semester. I was wondering if anyone who has already taken him before for this class knows how much he usually curves for his class as our class averages are around mid to high 30's out of 100 on midterms.
submitted by Basic_Class32 to ucmerced [link] [comments]
2021.12.08 21:16 AhFFSImTooOldForThis [FO] Yosemite! Pattern: "Yosemite National Park" by SoEasyPattern on Etsy.
2021.12.08 21:16 gamethread-scraper GAME THREAD: Milwaukee Bucks (16-9) @ Miami Heat (14-11) - (December 08, 2021) (x-post /r/nba)
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2021.12.08 21:16 redit202 (12/08/21) 6 Healthy Reasons to Masturbate - The Healthy Daily from Reader's Digest Newsletter
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2021.12.08 21:16 AveryBehr6 I have achieved 2000 hours over 3 years. Here are my favorite trophy’s
2021.12.08 21:16 Mediocre_Oil_8343 Get to work
2021.12.08 21:16 DmGUnKnown johntahn
2021.12.08 21:16 LeadershipDifficult SiriusXM ads play every hour in general but was tired of seeing this ad during Hannity and then during Ingraham Angle.
2021.12.08 21:16 leitzankatan Hodl to your identity built of dust
2021.12.08 21:16 cougar572 Thank You Jensen
2021.12.08 21:16 TacmedRN4 [WTS] Vintage Omega Seamaster 2576 With 342 Bumper Movement WORKS
2021.12.08 21:16 TheEekmonster Ze germans took my occupied territory out of the blue...
My glorious Hun(garian) paratroopers valiantly took control of Crimea. Finally, I owned a port. Then out of the blue, without any request or notification, my Crimean territories came under control of my (not so) good buddies the germans...
How can this happen? I think this was my first ragequit. I was pushing for Krashnodar to secure oil. Which I desperately needed. All for nothing, and I can´t formally gain new lands..
submitted by TheEekmonster to hoi4 [link] [comments]
2021.12.08 21:16 Ok-Attitude-9085 This is how God works
God speaks through music. Shuffle your playlists people. It’s not casting lots or divination. Pay attention to the lyrics and the themes of the songs. Hell even the names
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2021.12.08 21:16 Mr_Troll14 The chart on who had already said "gaming".