Discover and read the best of Twitter Threads about #EducationVET
Most recents (4)
#Vechain X What is it (not)
$VET is not a supplychain (SC) coin. VeChain is a public blockchain (like $ETH) on-which you can build anything you want.
The reason a lot of people think that $VET is a SC coin is that a lot of the first usecases built on VeChain are SC related.
1/8
$VET is not a supplychain (SC) coin. VeChain is a public blockchain (like $ETH) on-which you can build anything you want.
The reason a lot of people think that $VET is a SC coin is that a lot of the first usecases built on VeChain are SC related.
1/8
2/8
This is because the whole idea of VeChain started with the CEO Sunny Lu who worked at Louis Vuitton as Chief Information Officer on an internal project called "track and trace". They wanted to expand that project and that's how he discovered blockchain technology.
This is because the whole idea of VeChain started with the CEO Sunny Lu who worked at Louis Vuitton as Chief Information Officer on an internal project called "track and trace". They wanted to expand that project and that's how he discovered blockchain technology.
3/8
Sunny noticed that 90% of the blockchain startups were developing apps related to financial services, which is considered difficult because of the strict compliance regulations.
He also realized if you have no commercial activities on the blockchain and just go
$VET
Sunny noticed that 90% of the blockchain startups were developing apps related to financial services, which is considered difficult because of the strict compliance regulations.
He also realized if you have no commercial activities on the blockchain and just go
$VET
#Uniswap X AMM Chaining
Today I posted about this person that bought $22 dollar of and paid $42 dollar of fee.
I was wondering why it was so much and found out he was using AMM Chaining.
A nice feature of a AMM DEX is Automated Market Maker Chaining; AMM Chaining.
1/4
Today I posted about this person that bought $22 dollar of and paid $42 dollar of fee.
I was wondering why it was so much and found out he was using AMM Chaining.
A nice feature of a AMM DEX is Automated Market Maker Chaining; AMM Chaining.
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You can basically trade any token for another token as long as there is a pair with liquidity for both tokens on the AMM DEX.
As you can see in the above case:
He had .
He wanted .
The protocol automatically traded for and bought with that .
You can basically trade any token for another token as long as there is a pair with liquidity for both tokens on the AMM DEX.
As you can see in the above case:
He had .
He wanted .
The protocol automatically traded for and bought with that .
3/4
The only problem is that the fees are 'a bit' high. However, I do think it's an amazing feature which will be used a lot in the future once the fees are fixed.
The only problem is that the fees are 'a bit' high. However, I do think it's an amazing feature which will be used a lot in the future once the fees are fixed.
#VeChain X Value Stream
"VTHO generation rate, VTHO price, VTHO/Gas price"
It seems pretty complicated to understand, but in the end this PoA based public blockchain is a revenue stream for 101 companies with 101 different business models, services and client networks.
1/5
"VTHO generation rate, VTHO price, VTHO/Gas price"
It seems pretty complicated to understand, but in the end this PoA based public blockchain is a revenue stream for 101 companies with 101 different business models, services and client networks.
1/5
2/5
These companies only care about getting as much value as possible for providing this public cloud service.
More usage = more value going to the nodes; their revenue.
This value is mainly generated by VET holders since only 30% of a token can be used twice for tx fees.
These companies only care about getting as much value as possible for providing this public cloud service.
More usage = more value going to the nodes; their revenue.
This value is mainly generated by VET holders since only 30% of a token can be used twice for tx fees.
3/5
If the token is used a second time to pay for a tx fee, only 9% of the initial token is left.
This model creates a very low token velocity* which is very good for the VET holders since they are the only people who bring new value in the ecosystem.
*👇
If the token is used a second time to pay for a tx fee, only 9% of the initial token is left.
This model creates a very low token velocity* which is very good for the VET holders since they are the only people who bring new value in the ecosystem.
*👇
#VeChain X Cloud Computing X PoA
Why I think VeChain is on its way to position itself next to Amazon, Google and Microsoft in the Cloud Computing industry.
Facts
- Data is the new oil of the 21st century.
- The cloud market is currently dominated by a few companies.
1/15
Why I think VeChain is on its way to position itself next to Amazon, Google and Microsoft in the Cloud Computing industry.
Facts
- Data is the new oil of the 21st century.
- The cloud market is currently dominated by a few companies.
1/15
2/15
- Cloud computing is the delivery of on-demand computing services typically over the internet and on a pay-as-you-go basis.
In 2020, the public cloud services market is expected to reach around $374 billion and by 2022 market revenue is forecast to exceed $520 billion.
- Cloud computing is the delivery of on-demand computing services typically over the internet and on a pay-as-you-go basis.
In 2020, the public cloud services market is expected to reach around $374 billion and by 2022 market revenue is forecast to exceed $520 billion.
3/15 IaaS
Infrastructure as a service (IaaS) is one of the three main categories of cloud computing services.
IaaS is a form of cloud computing that provides virtualized computing resources over the internet: servers, virtual machines, storage and networks.
Infrastructure as a service (IaaS) is one of the three main categories of cloud computing services.
IaaS is a form of cloud computing that provides virtualized computing resources over the internet: servers, virtual machines, storage and networks.
