Discover and read the best of Twitter Threads about #FreeLoveFriday
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1/ It's time for another #FreeLoveFriday! Today, I’ll be covering the second big wave of #NFT projects on the innovative $AVAX platform.
2/ In March we saw the first boom of $AVAX NFTs with projects like @cryptoseals, @southpolesanta1, @lamasticards, and @cubetarium launching as Avalanche-exclusive NFT projects, capturing the imagination of the community (myself included) and selling assets in excess of $500k-$1m.
3/ Right after these launches, @snowflakeavax & @unifty_io created marketplaces for these assets to be more easily discovered, listed, and traded between users.
1/ Back with another #FreeLoveFriday. Yes, yes. I know it’s Monday, but @iomarkr is worthy of breaking the Friday-only rule.
2/ DeFi on @AvalancheAVAX is growing rapidly. New users, assets, and applications are joining the community rapidly to tap into the vibrant $AVAX DeFi ecosystem.
3/ That growth is despite a bridge that has had many issues for users. An upcoming, first-of-its-kind bridge is a lot faster and 5X cheaper, and will open the floodgates for liquidity to flow into Avalanche.
Today’s #FreeLoveFriday is about a topic that has been seeing a lot of discussion recently. Namely, I want to talk about Non-Fungible Tokens (NFTs) in general, and to make it specific, I’ll focus on CryptoKitties.
First of all, there is the impression that NFTs were invented on Ethereum and that the Bitcoin community is just now getting in on the NFT game. This is not actually how it happened.
The very first NFTs were invented and issued on Bitcoin, by layering them on top of Bitcoin transactions. Among the most notable were NFTs centered around Pepe The Frog. I will leave dissecting the social aspect of Rare Pepes alone and focus on the technical side of NFTs.
Another #FreeLoveFriday. So far, I’ve covered Bitcoin, Mastercoin/Omni, and last week ChainLink and the importance of decentralized oracles. Today, let’s talk about one of the most fascinating projects in crypto - @MakerDAO
In my thread about Mastercoin, I briefly touched on the vital role fiat-backed stablecoins play in crypto markets, but there’s a catch with them:
The counterparty risk of a third-party holding fiat in reserves.
The counterparty risk of a third-party holding fiat in reserves.
Enter MakerDAO, which set out to create a decentralized, collateral-backed cryptocurrency, DAI, that would be “soft-pegged” to the U.S. Dollar using the power of algorithms. In crypto tradition, its supporters said trust game theory, not operators.
Back with another #FreeLoveFriday. Last time, we covered how Mastercoin/@Omni_Layer pioneered digital asset issuance on blockchains. Today, let’s discuss @Chainlink and the vital role it plays in connecting blockchains to the real world.
I have said repeatedly that digital asset issuance is the killer application for blockchains. The next frontier is bringing real world assets to networks like @AvalancheAVAX, but we often face a significant problem:
Namely, how do you get data from the real world onto blockchains and into applications running on them? More critically, how do you achieve that securely and transparently in real-time? Smart contracts are tamper-proof, but they're only as reliable as their input data.
Back with another #FreeLoveFriday. My first thread focused on what I love about Bitcoin, and features we borrowed for @avalancheavax. Today, let's focus on @Omni_Layer, or as OGs knew it, Mastercoin
Let’s wind back the clock to early 2010s. Bitcoin is just getting started. Deep techies and cryptography people are hearing whispers, reading Satoshi’s whitepaper, and many are getting hooked on the idea that money can be decentralized.
But why stop at money?
But why stop at money?
In January 2012, J.R. Willett publishes “The Second Bitcoin Whitepaper v0.5”, which laid the foundation for what has always been the absolute killer app for blockchains: digital asset issuance sites.google.com/site/2ndbtcwpa…
