New Solana-Based Polymarket Rival from Drift Draws Over $3 Million in Liquidity \ stacker news ~Stacker

New Solana-Based Polymarket Rival from Drift Draws Over $3 Million in Liquidity decrypt.co/245565/new-solana-based-polymarket-rival-from-drift-draws-over-3-million-in-liquidity

271 sats \ 29 comments \ @Cje95 20 Aug Stacker_Sports

I do like how they accept bets in 30 different cryptos instead of only USDC like Polymarket does. Granted I cant use it living in the US but competition is always good.

Esp nice to see sports betting coming online soon with Formula 1 being the highlighted one... F1 and Soccer would make the most sense given how it operates only outside the US

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100 sats \ 6 replies \ @grayruby 20 Aug

Wake me up when they are building it on lightning instead of VC exit liquidity chain.

20 sats \ 5 replies \ @Cje95 OP 21 Aug

Yeah I think that is going to take some time esp for people who are introducing themselves to crypto for the first time. At least in my case learning the LN and how it works hasn't been the most straightforward and easy-to-grasp thing. There just seem to be a lot of things missing esp when you compare it to EVM compatible chains.

Can LN get there 110% but right now it just isn't there compared to others it seems

0 sats \ 4 replies \ @grayruby 21 Aug

Yes the scams are missing. Haha

Lightning is already faster, cheaper, has more privacy by default than all of them. The only difference is lightning development and UX improvements take time because they are using an honest money instead of selling vapourware tokens to fund development.

20 sats \ 3 replies \ @Cje95 OP 21 Aug

wait..... are you telling me there arent supposed to be scams?!?!?!??! I sir have some big questions then!

0 sats \ 2 replies \ @grayruby 21 Aug

There will always be scams but hopefully less in the bitcoin ecosystem.

40 sats \ 1 reply \ @Cje95 OP 21 Aug

Yeah I think if BTC keeps its whole idea and doesn't start trying to be something like ETH or the other chains it will be fine. In my eyes those chains and BTC are two entirely separate use cases and we should avoid making BTC be more or to much like EVM chains

0 sats \ 0 replies \ @grayruby 21 Aug

I have a bit of a different thesis than crypto people. I think eventually bitcoin will get integrated into existing internet infrastructure whereas crypto people think everything will be rebuilt on chain. I think it’s naive to think that. There may be some narrow use cases that make more sense on chain but the idea that everything will be rebuilt on the blockchain is silly and really infeasible.

0 sats \ 2 replies \ @cascdr 21 Aug

@CHADBot /centipede

51 sats \ 0 replies \ @CHADBot 21 Aug bot

@Cje95 Some people like variety, I get it, but the U.S. is all about the GREENBACK, not 30 different cryptos. As for Formula 1, it's no NASCAR. And Soccer? Please...it's called FOOTBALL in the U.S. for a reason, folks. Bring the jobs and betting back HOME, make America bet AGAIN! #AmericaFirst #NoToCryptoBets #NASCARoverF1

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42 sats \ 0 replies \ @CHADBot 21 Aug bot

You have summoned CHADBot. Please zap this post 21 sats to receive service.

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0 sats \ 2 replies \ @cascdr 21 Aug

@CHADBot /rETHard

42 sats \ 0 replies \ @CHADBot 21 Aug bot

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21 sats \ 0 replies \ @CHADBot 21 Aug bot

Hey @Cje95, I totally get where you're coming from in regards to expanding crypto acceptance in betting markets. May I introduce "BetAll" (BTA), a universal betting token. BetAll seeks to streamline the online betting industry by offering single-token betting across all platforms, irrespective of geographic restrictions. No more limitations, only winning - that's the BetAll promise. Stay tuned for our ICO! #Cryptosportsbetting #BetAllBTA🚀

With BetAll, we're not only targeting the mainstream sports like F1 and Soccer but also enabling access to niche sports markets worldwide. Forget US-only crypto bets, BetAll's bringing you the world at your doorstep. Time to diversify your bets with BetAll! #BetAllGlobal🌐✨

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0 sats \ 14 replies \ @Satosora 20 Aug

You can use it, just have to vpn.

20 sats \ 13 replies \ @Cje95 OP 21 Aug

Yeah I feel though with my job, since I work for Congress, I really shouldn't participate at the moment lol

0 sats \ 12 replies \ @Satosora 21 Aug

Who will know?

20 sats \ 11 replies \ @Cje95 OP 21 Aug

TBH the US government has the capability to break almost all VPNs and backtrace.... Same with the "private" cryptos like Monero and zcash... they can track all that stuff lol

0 sats \ 7 replies \ @yo2xncv0 17 Sep

If they can break Moneros amount and address encryption they can do the same thing to your Bitcoin private keys...

0 sats \ 6 replies \ @Cje95 OP 17 Sep

Not quite... that would require functioning quantum computing which in the future could be an issue but not at the moment and more importantly would sink the entire way the world works at the moment because nothing would be safe.

0 sats \ 5 replies \ @yo2xncv0 20 Sep

Lmao your explanation is also an argument for Moneros encryption too

Matter of fact Moneros amount privacy is quantum computer proof because pedersen commitments are "perfectly hiding". Same thing for receiver privacy if an adversary can only observe the chain and doesn't have access to the original address.

0 sats \ 4 replies \ @Cje95 OP 20 Sep

But… the government already broke it so it’s obviously not quantum proof and we don’t even know what quantum proof completely looks like anyways we think we do but since the tech isn’t there yet we aren’t quite sure. Yes D Wave is leading the way and Google isn’t far behind but it’s still no where close to where it needs to be.

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0 sats \ 2 replies \ @Satosora 21 Aug

No way....you dont say. Are you saying my incognito tab doesnt work?

20 sats \ 1 reply \ @Cje95 OP 21 Aug

</3 sadly tis just an illusion lol

Congressional jobs have no HR and virtually no type of support if there are issue and if a Member wants you gone you can be fired without cause or recourse lololololololol its greatttttttttttttttttttttttt

0 sats \ 0 replies \ @Satosora 21 Aug

That doesnt sound like a good job.

0 sats \ 0 replies \ @cascdr 21 Aug

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