Let's talk about $ESD and $DSD coupons.

$DSD coupons is something to behold with two waves of expirations: epoch 721-749 and 756-767.

Up to epoch 767 there are 78m coupons to expire which represent 53m DSD with a 45% premium.

There are also 4m more coupons after epoch 767.
$ESD looks much worse as there still are only 8.4m coupons to expire negligibly reducing the supply.

However, there is also EIP-16 in the works which will make coupon principals unburnable.

This will make ESD coupons more attractive, theoretically reducing the supply greatly.
Technically, EIP-16 could be implemented in DSD as well but I really doubt that DSD holders will vote it in as it's in their best interest to let the coupons burn decreasing the supply.
I think we will see those DSD coupons expiring because even if the whales will try to pump the price to trigger expansion, DSD holders will meet them at $1 dumping the price back to $0.8.

But it's up to the whales as it's impossible to detect how much dry powder they have left.
UPD: wrong ESD chart, here's the correct one.

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More from @mskvsk

27 Aug 19
Ethereum Syncing Diary [GETH edition] - Day 1

Today I'm going to try and sync a full Ethereum node like @ercwl did but using geth instead of parity.

The playground is an 8 CPU / 32 GB DO droplet ($160/mo) + 500 GB volume ($50/mo)

So, let's geth --syncmode="full" --cache=28672
This is to be a full non-archive node, which means it's going to be executing all transactions of every block starting from the genesis.

When it finishes syncing (I believe we will be done within 3 weeks) I'm going to scale the droplet down a bit to make it less expensive.
Geth has spread itself across all available CPU quite nicely. Memory usage is hovering around 3.3 GB.

The blockchain has eaten up a little more than 1 GB of the SSD at the moment.

Syncing early Ethereum history makes me a bit nostalgic.
Read 13 tweets

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