Discover and read the best of Twitter Threads about #ISCP

Most recents (4)

Let's take a trip through the major releases on the @iota network since #chrysalis this April. 🧵(1/13)
Their brand new wallet, #Firefly, was released on April 21 in preparation for the token migration to the new #chrysalis network (#IOTA 1.0 -> #IOTA 1.5). (2/13)
Then the #chrysalis network (1.5) went live on April 28. The coordinator is still active, but this sets the stage for #coordicide (#IOTA 2.0) in the future. (3/13)…
Read 13 tweets
Maximum Extractable value (MEV) Is the ability for miners or validators to extract the max amount of value from each block by including, excluding and changing the order (queue) of transactions. Let's take a closer look at MEV in this🧵and how #IOTA is solving this issue #DeFi👇
MEV has a significant impact on #DeFi users, according to data from MEV has cost users $747m from 01/01/20 to date and that is only tracking #ETH and certain #Dapps, the true cost is much higher when including flash loan attacks and other chains #BSC #SOL
But what are these attacks?

Sandwich attacks: ordering a transaction before and after a transaction on a Dex. This has the effect of either inc or dec the price on an order, which for large transactions or high slippage can run into $1,000s in lost value for the user ☹️
Read 16 tweets
1/9 Time for a thread about #IOTA, the up coming smart contract platform #ISCP and why I'm excited for the ecosystem #DEFI #ETH #FTM #AVAX #BNB #SOL...
2/9 What do all major smart contract platforms and their native token have in common leading up to and immediately after the launch of their smart contract system?
3/9 Price appreciation, all major L1/L2 solutions have had significant run ups in price prior to and after launching successful smart contracts, well over and above market trends. See Solana's recent SC launch price appreciation below....
Read 9 tweets
(1/15) The #Coordicide project at #IOTA is naturally an important milestone that will need to be delivered. But too often other progress on IOTA is overlooked. There are soo many pieces that together form the vision of IOTA. Let's have a look what my colleagues are working on!
(2/15) The #IOTA Engineering department has 9 different projects: #Bee, #Hornet, #Chronicle, #Firefly, #Client Libraries, #SmartContracts, #Identity, #Streams and #Stronghold. It also maintains our websites, the coordinator and nodes.
(3/15) In those projects, #Bee, #Hornet and #Chronicle directly build out the first layer of #IOTA. Implementing new features to the first layer for updates like #Chrysalis and #Coordicide.
Read 15 tweets

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