I’m not in finance, I’m a programmer

I recently read the code for Uniswap(v2) and I was surprised to find that it only has 424 lines.

I'm not in finance, I'm a programmer

1 I recently read the Uniswap (v2) code and was surprised to find that it was only 424 lines long.

When I saw that Uniswap was only 424 lines of code, my first reaction was that I had to tell everyone around me who called themselves “coders” about it.

Everyone is used to feeling like a worker, a bricklayer, writing projects with hundreds of thousands of lines of code, getting paid tens of thousands of dollars, and looking up to those who are in finance.

This is my most original feeling.

2, I have a friend who does AI, six months ago began to ask me about BTC. I said why do you suddenly ask this, he said he had a friend doing finance recently also began to configure BTC, so he thought he should pay attention to it.

I was thinking, I grass, I have been talking about BTC for so many years, you do not pay attention to, do financial people a focus on BTC, you think BTC is reliable?

Most of the programmers I know are more or less the same, not looking up to themselves, but very envious of those who are engaged in finance.

So when I saw that Uniswap only had 424 lines of code, I would think, I can make one too, and I have a chance to create a very large-scale financial system as a programmer. That’s the cool thing, at least in my mind, is that you can make one of these things and you can say, “Oh, I’m not in finance, I’m a programmer.

3 Last year, Li Yang repeatedly nagged me, “Let’s do blockchain, this is the Internet in the 90s, it’s still very early.

I never took it seriously, but then he told a story about a German mechanical engineer who was fired by Siemens in 17 years, and then started to learn the programming of ethereum.

I thought, I go, this is too low a threshold, let me understand it.

Interestingly enough, I listened to Hayden Adams’ interview at Bankless last month and I found out that he went through the same process that I did.

After Hayden was fired from Siemens, he didn’t know what to do in the future, when a friend of his at Consensys Foundation repeatedly encouraged him: come and work on Ether, there is a future.

Hayden said: I’ve never written code, I can’t do it.

His friend said: No, no, no, there are very few people in our field, you just need one year to become the most professional Solidity developer in the world.

Hayden said he thought, “Holy shit, the threshold is so low, I’ll do it.

And so he came up with Uniswap.

Articles worth reading
How Much Energy Does Bitcoin Actually Consume?
https://hbr.org/2021/05/how-much-energy-does-bitcoin-actually-consume

@HourglassTime: Bitcoin’s energy consumption is once again a hot topic. In the Harvard Business Review article, Nic Carter discusses several common misconceptions about Bitcoin’s sustainability, describes the existing Bitcoin energy ratios, and acknowledges that while it does consume energy and should confront environmental issues, the social value it provides is worth keeping the entire network running.

Introduction to the new transaction type on Ether: EIP-2718
https://mp.weixin.qq.com/s/pmaA8yjav_DU2tQsK5hEfg

@Ajen: 2718 seems to bring a lot of convenience, but it is also very bold and radical. What could only be implemented with difficulty with contract code can now have its processing facilitated with the help of protocols. The most obvious example is meta-transactions. As a result, the line between contract development and protocol development is blurred (at least partially).

No, Bitcoin Ownership is not Highly Concentrated – But Whales are Accumulating
https://insights.glassnode.com/bitcoin-supply-distribution/

@Hope: In reality, the chip distribution of bitcoin is not concentrated, and those who think this problem exists are mainly misinformed about bitcoin addresses.

A Layer 2 Guide for Beginners
https://mp.weixin.qq.com/s/KKOiHvf196Cmx_lpk0quhg

Lasagna: A Guide to Layer-2
https://mp.weixin.qq.com/s/PJaf3v-EvXGKelUfKeZ62Q

@Leon: Two great introductory articles on Layer 2.

Vitalik Buterin: UNI should become a prophecy machine token

Original version: https://gov.uniswap.org/t/uni-should-become-an-oracle-token/11988/17

After the VB article, there are very many great discussions with great insights well worth reading, including: Is the prophecy machine data provided by Uniswap active or passive? How do token holders vote? Does further expansion of token utility lead to governance dilemmas? Does the use of an arbitration model require refactoring an economic system? What if the use of an Augur-style challenge mechanism suffers a rapid system collapse? How can governance tokens like UNI be defended against potential attacks when there is no actual value capture?

Posted by:CoinYuppie,Reprinted with attribution to:https://coinyuppie.com/im-not-in-finance-im-a-programmer/
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