Discover and read the best of Twitter Threads about #ETHEREUM

Most recents (24)

1/4 🧵
Why are synthetic assets in #DeFi - brought to us by @synthetix_io @mirror_protocol @UMAprotocol etc. - important and why should we fight to keep them?

🪞 Synths are borderless and can be accessed everywhere despite underlying assets often being regulated regionally. Image
2/4
🪞 Synths in #DeFi can be owned and traded by everyone leading to better financial inclusion.

🪞 You can access various financial products in one place, leading to better ease of use.

🪞 Many blood-sucking 🧛‍♂️ 🩸 middle-men are cut out > more efficiency, less costs. Image
3/4
🪞 Synths become programmable and interoperable by being minted and traded on decentralized blockchains like #Ethereum or @terra_money, allowing e.g. to easily lend you synthetic stocks on a #DeFi money market for additional yield. Image
Read 4 tweets
Looking for your next 100x?

It might be in this list of DeFi & NFT projects I discovered today 💰

Follow, like, retweet 💪

Take a peek 👇 #Ethereum #DeFi
🔥 @iceman_finance is a Yield Optimizer with Perpetual BuyBacks for BSC, FTM & MATIC

Read 12 tweets
Today in #Chainlink 🔗

@synthetix_io exchange of synths is now live on the Layer 2 @optimismPBC network using Price Feeds powered by @Chainlink!

Users can now exchange $sUSD, $sBTC, $sETH, and $sLINK with 50x lower fees than the Ethereum mainnet
blog.synthetix.io/synth-exchange…
"This is a tremendous milestone for @kwenta_io and the broader @synthetix_io ecosystem, representing an opportunity to demonstrate the full potential of Kwenta for the first time"

Begin trading synths on L2 today 🔥
blog.kwenta.io/hello-optimism…
"We are excited to announce that @yaxis_project will integrate #Chainlink Keepers on the #Ethereum blockchain to automate key protocol functions, including regular yield harvesting & rebalancing of funds when switching between yield farming strategies"
yaxis.medium.com/yaxis-will-int…
Read 7 tweets
#ethereum is just getting started!

The use cases for this asset are only just beginning, and the future is going to be insane!

Thread
In 2017 the big use case for Ethereum was fund raising. ICO mania was rather short lived, but established a major use case for ETH.

Many said it was a 1 trick pony, but ETH quickly proved the haters wrong.

Since 2018 we have seen the following
- The rise of defi, with an explosion of new apps in 2020
- NFTs were born years ago but remained niche until early 2021 when they exploded
- stablecoins have grown immensely in importance, 10X growth in a year
- Gaming has been exploding recently, it will be much bigger!
Read 13 tweets
Thread of interesting DeFi & NFT projects I discovered today.

Check it out 👇 #Ethereum #DeFi
This thread is brought to you by the $LULZ community:

👉 Follow @lulzfail
✅ Join t.me/LulzTokenOffic…
🔥 @TeahouseHost is optimizing yield strategies for Uniswap v3 (including a layer-2 implementation)
Read 17 tweets
Last week, @banklessDAO and @indexcoop released the $BED Index

33.3% $BTC
33.3% $ETH
33.3% $DPI

I think the $BED index will be the best performing index of all time 📈🚀

🧵here's a thread on why👇
The $BED Index is an asset that tracks the #bankless thesis:

Non-sovereign SoV monies and permissionless financial applications are the👏entire👏point👏of the crypto revolution

The $BED index gives you precise, upside exposure to this new paradigm
$BTC and $ETH are the *only* crypto-monies that this industry has.

In order to be a crypto-money, you must be:
- A layer 1 asset
- decentralized, trustless, permissionless
- credibly neutrality in monetary policy

No other assets check these boxes.
Read 12 tweets
🧵 Vosotros elegisteis este hilo: Las apps que vendía a los pubs 🕺🏻

Año 2014: Mis conocimientos sobre la creación de apps habían llegado a su límite, ya que @mobincube_es aún no permitía incluir sonidos para hacer apps de pedos.

Así que el camino a seguir era vender apps.
👇🏻
Tiendas, ayuntamientos, asociaciones, discotecas.... Ese era mi público a partir de entonces y me decante por los empezar con pubs y discotecas, lo que conocía perfectamente después de dedicar años como cliente 🍻

Cree una plantilla, una app genérica.
👇🏻
💡 La idea era sencilla, usar la plantilla para vender cuantas más apps mejor, solo debía cambiar el icono y ciertos detalles, vendería la misma app a todos los establecimientos.

En aquella época no se exigía mucho: ubicación, galería, programación y poco más 👇🏻
Read 8 tweets
What key 8 difference between permissioned #blockchain #setcoin & public blockchain #bitcoin?
Check the thread 🧵 👇

#investing #Finance #finanstwitter #cryptotrading #cryptocurrencies #cryptocurrency #cryptoart #defi #altcoin #CryptoNews #ethereum #Dodgers Image
1. #ESG Compatible with limited energy usage to deploy and run ledgers and nodes.
2. #Scalability: much faster validation, and transaction execution;
3. Generating income from real sector #assets;
Next 👇

#fintech #banking #cbdc #CryptoTownEU #DigitalCurrency #NFTgaming
4. Advanced #identity system for #digital #assets owners #validation;
5. Facilitating #green & #cycling economy transition
6. Diversification between income of green buildings, #renewables, #smartcities, #agtech, vertical farming, technology sector private equity assets
Next 👇
Read 10 tweets
Full validation #ethereum node synced (pruned mode) running @ErigonEth in a @Raspberry_Pi 4. I guess this is game over for the "it is impossible to sync a full Ethereum node" narrative. Congrats to the team for developing such an amazing client. 👇 Image
Again, this is a full validation node, so it verifies all blocks and executes all transactions that ever happened in the Blockchain. And all this is done with a <200 € hardware set up.
Some data:

Device: Raspberry Pi 4 8 GB RAM (ARM64)
Disk: Crucial MX500 1 TB
USB Case: ASM1051E chipset

OS: Ubuntu 20.04.2 ARM64
Erigon: 2021.07.2-alpha
Erigon params: --blockDownloaderWindow 32768 --storage-mode= (pruned)

Sync time: 17 days
DB Size: 434 GB
Read 7 tweets
Let's revisit these metrics now that it's been a month. @OlympusDAO $OHM
RFV sits at just under $20m, up over 3x in about a month
Runway
Read 8 tweets
#ethereum will be under going the so called "Triple Halving" as part of the ETH 2.0 upgrade. This is a highly significant economic event for the asset which has serious implications for the price of ETH in the coming years

Thread
First let's understand how much Ethereum is mined every day right now.

Daily block rewards paid out to miners are currently around 12,800 ETH a day

etherscan.io/chart/ethersup…
This means that every day there is 25.6 million dollars a day worth of sell pressure for Ethereum! And because we are in a proof of work system miners are constantly selling, dumping on the market. Why? Because miners run a cash business. We are in a mine and dump economy for ETH
Read 10 tweets
1) My third thread aims to jot down some thoughts on the “conflicting” views that are often presented in crypto’s primary and secondary market. Quoting “A New Era of Financial Market Behavior” by @ashwathbk
2) There are so many misunderstanding elements for primary& secondary investment/trading. Newbies are often jealous about how primary market participants getting 100x ROI with many of them still at their book value which is a useless metrics to chase.
3) They often forget there is a significant opportunity cost component within the primary market opportunities. You might be locking your money for several years and slowly getting them back across the time horizon.
Read 13 tweets
An incredible financial shift is taking place before our eyes with institutional money steadily flowing into the market.

If you zoom out and actually understand what is coming then you will know this decade will be insane for #crypto #bitcoin #ethereum

thread
A recent survey by Fidelity shows that 90% of institutions plan to have exposure to crypto by 2026. That is INSANE.

decrypt.co/76380/vast-maj…
"institutions" represents a very broad group.
Here's a break down of money by group (non exhaustive list)
Hedge Funds 4 trillion
Sovereign Wealth Funds 5 trillion
Central Banks 9 trillion
Asset Managers 34 trillion

Even a fraction of this money entering crypto is HUGE!!!
Read 13 tweets
+++ For those who are new to Fantom, this is a comprehensive thread on what #Fantom is, what the next-gen Layer-1 chain has to offer and how to enter the quickly growing #DeFi ecosystem of $FTM +++
What is Fantom? $FTM is a fast, high-throughput open-source smart contract platform for digital assets and dApps. Its aBFT consensus protocol delivers unparalleled speed, security, and reliability. It competes with $MATIC, #BSC, $SOL, $AVAX, $ONE & $DOT.

fantom.foundation
The $FTM mainnet is up & running and already today delivers what ETH 2.0 anticipates for 2022: Proof-of-stake, 4.500+ tps, very low txs fees (0.003$) & smart contracts. It’s time-to-finality is sub-1 second. It is the fastest & cheapest chain out there at only $0.45bn market cap.
Read 25 tweets
We are delighted to announce #neon, an Ethereum Virtual Machine (evm) scalability solution built on @solana. Neon lets developers take advantage of the #Ethereum and #Solana ecosystems, as easily as deploying to existing eth Layer 2 scaling solutions. /1
As fans of both #Ethereum and #Solana, we believe scaling transactions and reducing cost is critical to unlocking the next revolution in blockchain adoption. Neon’s decentralized cross-chain solution gives developers flexibility when building dapps and unlocks liquidity /2
Today Neon is live on the #Solana testnet, check out neonlabs.org to learn more, and get started programming at github.com/neonlabsorg /3
Read 8 tweets
Stock Market Cycles

• Euphoria
• Greed
• Denial

Using Crypto as a case study

(Short Thread)👇🏽 Image
• Stock Market

I recently spoke about the importance of protecting gains.

Simply put, it’s because the market isn’t rationale and goes through very distinct stages.

•Hope
•Optimism
•Thrill
•Euphoria
•Complacency
•Anxiety
•Denial
•Panic
•Disbelief

👇🏽 Image
• EC10

@DCX_EC10 is a prime example, losing 52% of its value since May 7th.

Was:R131
Now:R63

You May still be up, yes. But is the fall finished? Probably not.

I’d never try catch a falling knife. Buy winners in an uptrend and don’t dollar cost average into losers. Image
Read 9 tweets
#Ethereum was never rolled back or reorganized the blockchain. $BTC maxis use this as a talking point without knowing exactly what the DAO hack was or how it was resolved.

$ETH was NEVER rolled back, and the process to resolve the hack was as decentralized as possible.

🧵👇
2/First, we need to determine what a crypto rollback is.
In a nutshell, a rollback is a coordinated reversal of one or multiple validated transactions. In the context of blockchains, it is achieved via a 51% attack or by retroactively forking the network. The end result is such
3/that specific transactions are effectively erased and the chain is reorganized (causing a portion of mining rewards to be redistributed, and potentially other transactions to be reverted).

DAO hack and resolution:
The DAO smart contract had a security vulnerability that
Read 9 tweets
1/10 🧵thread on how I launched my NFT with a custom smart contract and minting webpage.
(For those that don't know, I'm 12 and still at school 🏫).
2/10 Background: started coding early around 5/6 years old. Dad is a programmer and got me started with HTML, CSS and Bootstrap. Built really really simple web pages with Bootstrap components and did lots of inspect element on websites to see how they are built. 🕵️‍♂️
3/10 Completed @freeCodeCamp JavaScript course before my 10th birthday. Moved onto @codewars, currently ranked 4kyu but find them too difficult, can manage 7kyu. Will continue with @codewars until I hit 1 kyu 🥊.
Read 11 tweets
One reason of many why the Hinman Deposition is a BIG DEAL:

Excerpt of Hinman Speech:

“And putting aside the fundraising that accompanied the creation of Ether, based on my understanding of the present state of Ether, the Ethereum network and its decentralized structure,
current offers and sales of Ether are not securities transactions.”

Hinman met with a founder of #Ethereum 1 week before the speech and again afterwards.

1) Putting aside the fundraising is a BIG ASIDE;

2) What did the founder say that helped form his “understanding”;
3) @Ripple’s lawyers will have him walk through his “understanding” of decentralization;

4) have him admit he communicated his understanding to market participants which created the standard within the market;

5) show that #XRP’s decentralization meets that understanding; and
Read 4 tweets
#Bitcoin bros. Now is the time for you to show you are the best #cryptocurrency community in the world! We've seen way more #Ethereum based money coming into SENS.org/donate than #BTC based! You can beat $ETH right?
etherscan.io/address/0xf425…

blockchair.com/bitcoin/addres…
Oh, and you may get a tax write off, or free coins! PulseChain.com
The biggest #Ethereum #USDC send we've seen hit so far was $10,000,000. The biggest #Bitcoin #BTC send was $704,000? $BTC

The #ETH guys are winning hard so far!
Read 5 tweets
Top industries #Ethereum is in the process of disrupting
1. Banking

Moving $$ around the world is a logistical nightmare for even banks themselves

A simple transfer has to bypass a complex system of intermediaries before reaching a destination

The whole process is inefficient, and people are racing towards a better solution
2. Art/Collectibles

The art industry has already begun adopting blockchain & tokenization as a way to increase access to the art market & reduce tx costs

NFT’s are used to certify ownership of art, allowing for artists to create a unique signature for each piece of art sold
Read 25 tweets
What is a #DAO and what are the predictions that will impact lawyers (aka opportunities and growth!) - a thread. #legal #lawyers #law #crypto #blockchain #legaltech Complete research briefing at practice.ventures/doa
DAO - decentralized autonomous organization. This is a new type of company type (e.g. LLC), in which there is no leading member of the organization that has a majority rule and no human-based active decision making.
DAOs - operate through a series of smart contracts with extremely limited human interaction. This means the business can run without a traditional business structure.
Read 12 tweets
0/ In Today’s Delphi Digital, $AXS Shorts In The $SAND, #Ethereum’s Asymmetric Gas Trends.

For the full analysis, check out the report 👇

delphidigital.io/reports/axs-sh…
1/ Quick Market Update-

🔹 $BTC and $ETH are heading back into the range low as sellers chose violence in every session today.

🔹Crypto sweethearts $AXS and $SAND had another monster day, but have retraced a decent chunk of their moves since.
2/ AXS has been the star of the crypto market and pushed the entire category of NFT gaming tokens forward. $FLOW, $SAND, $CHZ, and $ENJ, all gaming tokens, are up double digits this week.

Despite the hype, shorts have been piling up on SAND and AXS perps across exchanges.
Read 9 tweets
Here are 7 reasons that I remain mega bullish on #ethereum, why I continue to cost average in, why I continue to buy oversold dips, and why I will hold my ETH until the multi trillion market valuation comes... at which point I will be staking and making sweet passive income!
1 Ethereum ETFs are here, and will only become more prevalent. Canada and now Brazil have approved ETH ETFs. There are multiple ETH ETF applications sitting with the SEC in the USA. Approval of which will unleash a tsunami of money onto ETH. markets.businessinsider.com/news/stocks/sk…
2 Ethereum is the king of innovation in crypto, with the biggest dev lead. The release of multiple layer two implementations really underlines this. Uniswap, the biggest DEX on ETH, has just announced their integration of Optimism for scaling. This kills the ETH killers.
Read 10 tweets

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