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silverpill (silverpill@mitra.social)'s status on Friday, 20-Oct-2023 20:37:36 JST silverpill
in reply to
- Kevin Karhan :verified:
@kkarhan I would love to see a Uniswap rewrite in COBOL. This is the only way out of bear market

In conversation about a year ago from mitra.social permalink
- Kevin Karhan :verified: (kkarhan@mstdn.social)'s status on Friday, 20-Oct-2023 20:37:37 JST Kevin Karhan :verified:
  in reply to
  
  ...and #Solidity doesn't actually provide any benefits compared to COBOL, #Java or even #JavaScript!
  https://www.youtube.com/watch?v=l9AzO1FMgM8
  But maybe that's my take on it...
  In conversation about a year ago permalink
  Attachments
  1. Java in 100 Seconds
    
    Java is a programming language famous for its ability to compile to platform-independent bytecode. It powers enterprise web apps, big data pipelines, and and...
- Kevin Karhan :verified: (kkarhan@mstdn.social)'s status on Friday, 20-Oct-2023 20:37:38 JST Kevin Karhan :verified:
  in reply to
  
  In short, I don't think #Solidity adds any value to the world and it's like learning #Roblox instead if #Lua or #SDL in it's unique and weird ways and it doesn't even provide any transferable #skills compared to say #COBOL...
  https://www.youtube.com/watch?v=7d7-etf-wNI
  https://en.wikipedia.org/wiki/COBOL
  In conversation about a year ago permalink
  Attachments
  1. COBOL
    
    COBOL (; an acronym for "common business-oriented language") is a compiled English-like computer programming language designed for business use. It is an imperative, procedural and, since 2002, object-oriented language. COBOL is primarily used in business, finance, and administrative systems for companies and governments. COBOL is still widely used in applications deployed on mainframe computers, such as large-scale batch and transaction processing jobs. However, due to its declining popularity and the retirement of experienced COBOL programmers, programs are being migrated to new platforms, rewritten in modern languages or replaced with software packages. Most programming in COBOL is now purely to maintain existing applications; however, many large financial institutions were still developing new systems in COBOL as late as 2006.COBOL was designed in 1959 by CODASYL and was partly based on the programming language FLOW-MATIC designed by Grace Hopper. It was created as part of a US Department of Defense effort to create a portable programming language for data processing. It was originally seen as a stopgap, but the Department...
- Kevin Karhan :verified: (kkarhan@mstdn.social)'s status on Friday, 20-Oct-2023 20:37:39 JST Kevin Karhan :verified:
  
  Personally, I think that #Solidity is not good.
  https://www.youtube.com/watch?v=kdvVwGrV7ec
  Not because it's #solutionism at it's worst aka. #web3...
  But because it has serious issues in terms of #ITsec & #InfoSec:
  https://en.wikipedia.org/wiki/Solidity#Criticism
  And it's being used in a "#cooperative #bank #ButWorse" scheme...
  https://en.wikipedia.org/wiki/The_DAO#Risks
  https://en.wikipedia.org/wiki/Ethereum_Classic
  In conversation about a year ago permalink
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  1. Solidity in 100 Seconds
    
    Solidity is a programming language for writing smart contracts. Learn how to build your first smart contract on the Ethereum blockchain to get started with w...
  2. Solidity
    
    Solidity is an object-oriented programming language for implementing smart contracts on various blockchain platforms, most notably, Ethereum. Solidity is licensed under GNU General Public License v3.0. Solidity was designed by Gavin Wood and developed by Christian Reitwiessner, Alex Beregszaszi, and several former Ethereum core contributors. Programs in Solidity run on Ethereum Virtual Machine or on compatible virtual machines. History Solidity was proposed in August 2014 by Gavin Wood The language was later developed by the Ethereum project's Solidity team, led by Christian Reitwiessner. Solidity is the primary language on Ethereum as well as on other private blockchains, such as the enterprise-oriented Hyperledger Fabric blockchain. SWIFT deployed a proof of concept using Solidity running on Hyperledger Fabric. Description Solidity is a statically typed programming language designed for developing smart contracts that run on the Ethereum Virtual Machine (EVM) or compatible virtual machines.Solidity uses ECMAScript-like syntax which makes...
  3. The DAO
    
    The DAO was a digital decentralized autonomous organization and a form of investor-directed venture capital fund. After launching in April 2016 via a token sale, it became one of the largest crowdfunding campaigns in history.The DAO had an objective to provide a new decentralized business model for organizing both commercial and non-profit enterprises. It was instantiated on the Ethereum blockchain and had no conventional management structure or board of directors. The code of the DAO is open-source. In June 2016, users exploited a vulnerability in The DAO code to enable them to siphon off one-third of The DAO's funds to a subsidiary account. The Ethereum community controversially decided to hard-fork the Ethereum blockchain to restore approximately all funds to the original contract. This split the Ethereum blockchain into two branches, each with its own cryptocurrency, where the original unforked blockchain continued as Ethereum Classic.By September 2016, the value token of The DAO, known by the moniker DAO, was delisted from major cryptocurrency exchanges (such...
  4. Ethereum Classic
    
    Ethereum Classic is a blockchain-based distributed computing platform which offers smart contract (scripting) functionality. It is open source and supports a modified version of Nakamoto consensus via transaction-based state transitions executed on a public Ethereum Virtual Machine (EVM). Ethereum Classic maintains the original, unaltered history of the Ethereum network. The Ethereum project's mainnet initially released via Frontier on 30 July 2015. However, due to a hack of a third-party project, The DAO, the Ethereum Foundation created a new version of the Ethereum mainnet on 20 July 2016 with an irregular state change implemented that erased the DAO theft from the Ethereum blockchain history. The Ethereum Foundation applied their trademark to the new, altered version of the Ethereum blockchain; Ethereum (code: ETH). The older, unaltered version of Ethereum was renamed and continued on as Ethereum Classic (code: ETC).Ethereum Classic's native Ether token is a cryptocurrency traded on digital currency exchanges under the currency code ETC. Ether is created as a reward to network nodes for a process known as "mining", which...

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