Discover and read the best of Twitter Threads about #DLT

Most recents (24)

95% of people are chasing meme coins

But few are looking at one of the biggest long-term opportunities in crypto...

A deep dive into how $XRP is building a frictionless decentralized liquidity pool for the world 🌍

(Not financial advice)

/THREAD/ Image
1/ The problem:

“With today’s internet of information you can’t store, move, transact value without a powerful intermediary. And that’s what blockchains solve”

Quoted by @dontapscott a leader in the decentralized blockchain revolution Image
@dontapscott 2/ Before blockchain

The internet had a problem with transferring $ value peer to peer

The only 2 options for sending money were:

1. Send $ using a cross border payment via bank transfers
2. Use a 3rd party and trust a stranger with private information

Lets dive into those👇 Image
Read 33 tweets
1/ The journey of @iota [MONSTER THREAD] - From the top 5 token to the top 50 token and why it will at least get back into the top 5.
2/ #IOTA was founded in 2015 with the aim and vision of developing a #DLT protocol in which people and machines, can communicate via data & value tx permissionless, feeless, efficient and with the least technical requirements -
With a high level of security, decentralization…
3/ …and Scalability➡️blockchain trilemma.
They also wanted to develop their own #smartcontracts, #oracles, #identity solutions, etc.

At that time they already attracted the attention of the then much smaller #crypto community.

Why?
Read 87 tweets
1) @hedera is going to be the🥇#cryptocurrency 💯. Disagree? Comment w/ 3rd party research to back your claims. Let’s open your 👀 & 🧠 to why $HBAR is the “best kept secret” in #Crypto & an undervalued, sleeping giant that the #blockchain community fears. Let’s dive in…🧐
2) INTRODUCTION - Hedera Hashgraph is going to be the “trust layer” of Web 3.0. It will be the foundation that everything will be built upon. It has solved the #blockchain trilemma, CO2 emissions, & the governance issues that plague other #cryptocurrencies.
3) INTENT- This post aims to educate and refute the FALSE FUD generated by @coinbureau & @IOHK_Charles that the community has incessantly regurgitated w/o understanding or DYOR.
Read 39 tweets
If you are new to #crypto, #blockchain, #dlt or #metaverse let me help you understand "Why #IOTA??"

Let's take a small tour:
Maybe you have one of those devices below at home.
They are getting smaller and more intelligent "to do stuff" directly.

Doing voice recognition directly on the phone is a good example for that: tcrn.ch/3EwloVp
Or also the #Tesla autopilot.
And this is great. Because intelligent devices mean better automation. Which saves costs. A LOT of costs.

But often implementations are insecure, get hacked or a central system goes down. Like when #Tesla users had no access to their cars (bit.ly/3ms2KI8).
Read 16 tweets
1/ Time for a follow-up to my earlier thread about how the internet works.



This time --> online advertising.

A massive shout out to J. Ball & his works "the System" & huffingtonpost.co.uk/entry/what-hap… beautifully explaining how this world actually works.
2/ Everything begins with you, the internet user deciding to visit a certain website. You either click a link or hit "enter/return" after writing a URL into your browser.

What happens then, in parallel to the page loading, may be summarised by:
3/ Small files stored on your device help pair companies who wish to show their ads to a targeted audience with internet users who look like this desired audience.

These files are the famous cookies your computer or smartphone (the cookie monster) stores when surfing the web.
Read 22 tweets
A little birdy told me that IOTA's collab with Trademark East Africa is one of the disruptive projects where a feeless #DLT like #IOTA can have a massive impact

Here's what the Dep Commissioner for Customs of the Kenya Revenue Authority thinks about that

Paraphrasing: ... data can not be manipulated, which creates a lot of trust. Previously paper-based, data can now be verified in a timely manner, which leads to cargo being able to be cleared before arrival, which reduces #cost for the government as well as businesses
... overall, businesses can better plan ahead and overall cargo throughput increases, which culminates into #revenue #growth for the government and also less trade related crime
Read 5 tweets
#VISA outlines #Interoperability for #CBDC payments through a Universal Payments Channel (UPC)

Small thread on how it ties in to @quant_network.

theblockcrypto.com/post/119117/vi…
"The UPC protocol facilitates payments through an entity, called the UPC hub (or server — we use the terms interchangeably), which acts as a gateway to receive payment requests from registered sending parties and routes them to registered recipient parties,

#DLT #NoN
UPC is acting as a 'Gateway' between both #CBDCs which is the method that quant have taken with their API gateway #Interoperability solution.
"Ultimately, Visa aims for UPC to serve as a "network of blockchain networks" to move digital currencies around."
Read 8 tweets
0/40+ #IOTA ♻️ is the basis for a new type of IT infrastructure for global communication and automation, which manifests itself in 40+ incredible projects, collaborations & company adoptions.
🔥💥🧨😍❤️🚀🌍🌊🌿🦋💎🧠👀
Stay tuned for a regular update.
1a/40+ #ALFRIED is one of the largest German, publicly funded digital transport infrastructure projects. With a funding of 11 M €. ALFRIED will use #IOTA ♻️ as its core technology.
#IoT #SmartCity #SmartMobility
🔥💥🧨😍❤️🚀🌿🦋💎🧠👀etogruppe.com/news/aktuelles…
1b/40+ ETO GRUPPE is developing sensors for the transport infrastructure in a funding project of the Federal Ministry of Transport and Digital Infrastructure in the ALFRIED project together with #IOTA.
de:
en:
Read 105 tweets
Next up in my #cryptothoughts series, in which I take a closer look at some of the projects in the crypto/blockchain space that have me beyond #bullish, is @quant_network. Where to even begin with a project as built out and exciting as this? #QNT has completely taken the 1/6
crypto & blockchain spaces by storm over the past year, especially as more & more enterprises are experimenting with DLT. Unlike a lot of these systems that don't have any tokens that offer exposure to the growing DLT space, @quant_network gives you direct access to all the 2/6
traffic being driven by enterprises, corporates & even governments into the distributed ledger technology world. The $QNT token can be used as a proxy across multiple chains to all this activity, providing a precious opportunity to gain exposure to a new market segment that 3/6
Read 6 tweets
Since many people look to #IOTA because of the gains, I would like to use this thread to show you some information about what #IOTA is, what they do and with whom they work.
The information is divided into DLT Protocol, Standardization, Government & Regulation, Industry & Technology, Mobility, World Trade & Supply Chains, Climate Protection & Agriculture, Smart City and Research.
Protocol:
IOTA is a permissionless DLT and the pioneers of the DAG systems.
They offer a free protocol that can run data and value transactions over the smallest of devices and runs very efficiently.
Designed for the real economy and for the interaction between man and machine.
Read 14 tweets
(1/n) @OlympusDAO Ω $OHM is using community-governed monetary policy to reach a lofty goal — Unpegging #DeFi from fiat currencies

How?  A DAO-governed treasury that’s expanding quickly and creating the right participation incentives to keep the gods happy. Thread 👇 Immortality113, CC BY-SA 4.0, via Wikimedia Commons
(2/n) @OlympusDAO gained some traction on social media for a couple reasons:

-High APY

-@mcuban allegedly owns a small stack.

dailyhodl.com/2021/07/17/bil…
(3/n) The DAO’s governance manages the monetary policy of @OlympusDAO and its token $OHM, which is a reserve currency backed by a treasury of assets (DAI, FRAX, OHM-DAI SLP, OHM-FRAX LP, and SUSHI rewards from the OHM-DAI SLP)
Read 26 tweets
A Multicenter Evaluation of Blood Purification with Seraph 100 Microbind Affinity Blood Filter for the Treatment of Severe COVID-19: A Preliminary Report

medrxiv.org/content/10.110…
After adjusting for covariates, treatment with Seraph 100 decreased the Odds of death [OR 0.27, 95% CI 0.09-0.79, p=0.016].

#COVID19
Read 10 tweets
-- #Crypto 101 - Beginners guide (Part 1) /1 --

Content in Part 1:
🔹What is a #Cryptocurrency?
🔹How many Cryptocurrencies are there?
🔹Types of Cryptocurrency
🔹What are real world applications of Crypto?
🔹Pros and Cons of Crypto?
🔹Crypto, the future of Finance?
-- What is a #Cryptocurrency? /3 --

🔹A cryptocurrency is a form of digital asset based on a network that is distributed across a large number of computers
🔹Decentralization allows them to exist outside the control of governments and central authorities

cont...
-- What is a #Cryptocurrency? Cont'd /4 --

🔹Cryptocurrencies have many real word applications, i.e. secure payments online
🔹"Crypto" refers to the various encryption algorithms and cryptographic techniques that safeguard the entries
🔹The most widely known Crypto is #Bitcoin
Read 16 tweets
So, just had a talk in the @radixdlt Telegram chat about #NFT and that NFTs have a big issue at the moment. Every NFT at the moment is not actually non-fungible. Or better said, the asset is not non-fungible. Meaning your NFT can become worthless in a fraction of a second. 1/5
Every #NFT, is just a link. Just like an address you put into your browser to visit a site. When you own an NFT, you own a link to the asset. But that asset can be removed or changed, which leaves you with something much different than the asset, maybe with nothing. 2/5
This is a big issue to be solved, the prices of NFTs get higher and higher, it's a hype, a bubble and at with the current tech, it's worth nothing. You do NOT own an asset, you do NOT posses an asset when you own and posses an #NFT.
A solution needs to be developed 3/5
Read 5 tweets
Tayland’ın ulusal para birimi Tayland Bahtı'na sabitlenmiş kripto para birimi THT hakkında geçtiğimiz günlerde sert bir uyarı yayınlayan Tayland Merkez Bankası bu yıl sabit parada regülasyona gitmeyi planladığını duyurdu.
#BlockchainNews #bfmedia #CBDC
Tayland Merkez Bankası (BOT) Başkan Yardımcısı Siritida Panomwon Na Ayudhya, yeni nesil finansal hizmetlere yol açan hızlı teknolojik gelişmelere dikkat çekti.
Ayudhya gelişmelerin finansal sektörde #blokzincir ve dağıtık defter teknolojisinin (#DLT) benimsenmesinin yanında dijital varlık alanında borsa veya yatırım aracı olarak kullanılması amaçlanan kriptolar da dahil olmak üzere dijital paraların geliştirilmesini içerdiğini belirtti.
Read 8 tweets
Scorched earth crypto legislation through enforcement is likely the worse US regulatory policy error ever made. As cash becomes CBDC, we'll make any value transferable as a currency, to be denominated in fiat of user's choice, meaning fiat no longer needed
Fiat's primary draw is two-fold:
1) It cures the liquidity, fungibility and portable ailments that plagued direct physical barter, and
2) Countries only allow their national fiat to be used to pay their mandatory taxes.

#P2PEconomy addresses 1), leaving only 2 as a use for cash
Those skilled in arts of wealth maintenance, investment mgmt realize that fiat is the most expensive asset to hold. It's:
1) Taxed the highest
2) debased the most (inflation)
3) has the lowest returns
Why hold fiat cash when you can spend assets/commodities directly via VeDeFi?
Read 8 tweets
Many in the #blockchain, #crypto, & #DeFi world have asked who the @Microsoft and @Google of the #DLT world will be.

@Varg_88 believes it will be @quant_network, and in this thread, I will explain why $QNT will be both the @Google AND @Microsoft of #DLT.

@Windows OS came before @Google, so let's look at why @quant_network is the next #Microsoft of operating systems.

Operating System choice is a Chicken and Egg problem.
Currently, in the #crypto world, we have many different #blockchains and #DLT platforms. Most dApps can only interact with the platform network they are built on, or 1-2 others.

Examples, $ETH, $BTC, $XRP, $DOT, $ATOM, $ADA.
Read 11 tweets
Thank you @MikeThaInvestor for hosting @DanSimerman! Dan starts out with "IOTA has seen quite a transformation" "We have taken a step back and really wanted to focus, build, and deliver." "The sleeping giant is awakening!" People don't realize the scale and scope of our vision.
Anyone can copy #Bitcoin or #Ethereum and say they are unique, but #IOTA really is unique in a very literal sense. Mike comments on the Tangle, a DAG instead of a normal blockchain. Dan: in 2015 the #IOTA founders realized a new architecture was needed to break out of limits.
Read 28 tweets
Rise of the #CBDC: we just published a major analysis of drivers, #technologies and policy approaches. bis.org/publ/work880.p… [some details/thread]
We start by measuring the stance towards issuance in #centralbank #communication. We investigates the cross-country drivers, the technologies central banks pursue, and their policy approaches. #money #innovation #DLT
We examine how #centralbanks are involving the private sector in CBDC design, whether they employ a #DLT-based infrastructure, whether they opt for account-based access or #privacy-preserving #tokens, and whether their focus is on domestic or international #payments.
Read 6 tweets
1/n Short summary for the English world:
@BoschGlobal Research runs a project "Economy of Things" focusing on digital (decentralized) #marketplaces based on their experiences in
1⃣#DLT
2⃣#MPC multi-party computing
3⃣decentralized identity management (#SSI)
4⃣digital marketplaces
2/n The principles for #platform's they have researched are very well suited for #GaiaX. That's the reason why they have been engaged in and support it heavily.
Their vision of a fair and neutral digital marketplace is based on criteria such as
- openness
- neutrality
- transparency
- souvereignty
- integrity
- coopetion
(which fully coincide with #GaiaX's vision of their #European #dataspace & #servicespace.
Read 7 tweets
For those new to #Chainlink ...

Here's a original LINKPILL doc that's been sitting on my machine for almost 3 yrs! from the early days, its still very relevant - except the partnerships! we've now got 220 on chainlinkecosystem.com/ecosystem 🔥

Enjoy! and give it a RETWEET.

$LINK

1/10
Read 10 tweets
1/ The Bank of England are in the process of overhauling their current Real Time Gross Settlement (RTGS) system ✅

They are preparing for the Best & Final Offer stage ahead of appointing a Technology Delivery Partner in Summer 2020..

Who could the "TDP" be? 🧐

#BOE #RTGS #DLT
2/ In 2017, the UK Central Banks External Advisory Board said they were exploring the lessons learned from a number of other real-time RTGS implementations..

A highlight was the Scandinavian model for instant payments 🇸🇪🇳🇴

Specifically, a third party approach..

#BOE #RTGS #DLT
3/ Many Central Banks are turning to 3rd-party providers for their solutions instead of building their own RTGS infrastructure..

✅ Sweden
✅ Denmark
✅ Iceland
✅ Norway
✅ New Zealand

& more across Europe, Africa & ME..

Who provided the infrastructure?

Perago ✅

#RTGS #DLT
Read 9 tweets
1/ Imagine a free public utility that allows you to confidently send money to someone else without using a middle man (Bank). #IOTA
2/ Imagine a free public utility that allows you to securely and privately send a message, email, text message to some one without using a middle man (Google, Telco, Whatsapp). #IOTA
3/ Imagine a free public utility that allows you to securely and privately access the internet, without using an internet service provider. #IOTA
Read 7 tweets
The Bank of England @bankofengland just issued an excellent paper on retail Central Bank Digital Currencies and proposes a new form of money which would enable to make electronic payments using central bank money.

If you just have 1 minute, this is what you need to know:
1. BofE proposes to issue a UK CBDC, a digital pound sterling and allow anyone to hold an electronic form of central bank money - similar to a digital banknote. This would be a risk-free asset as does not involve any counterparty risk to traditional banks.
2. The CBDC would be recorded as a liability on the BofE’s balance sheet (just like bank notes and reserves) and matched with assets held by the BofE.
Read 12 tweets

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