Discover and read the best of Twitter Threads about #Subnets

Most recents (13)

.#DeFi News Platform @DefiantNew, noted that trading volumes on @avalancheavax also increased in the third quarter and reached new highs. 🔺 #AVAX

Headlines from the article⬇️ #NFT #Web3 #Avalanche Image
1-) @avalabsofficial is directing its efforts to develop a multi-chain ecosystem of specialized #subnets.
2-)According to data provided to The Defiant by Nansen, #Avalanche processed 68M transactions during September, a 51% jump from August.
-@avalabsofficial hopes the #DFK Chain will become a hub for #GameFi projects.
Read 8 tweets
Joe Spaces | EP1 | 🎭 - Wrap Up 🧵

Check out the highlights below from the latest #JoeSpaces

Thank to our guests:
@asimfiles and @NickSanschagrin from @ChainstackHQ
@LODE_one
@jonjonclark from @float_shipping
@ZooEcosystem
@jeffthedunker from @VesperFi Image
🎙️ @ChainstackHQ

The Future of DeFi
Chainstack offers a leading suite of services, connecting devs to Web3 infrastructure. Their mission is to bring together Web3 for all. Chainstack are heavily focused on #Avalanche as they view #Subnets as a huge growth prospect for the eco.
🎙️ @NickSanschagrin

Why is Avalanche different?
@avalabsofficial support is fantastic
• Subnet proposition is very promising and the recent updates eg Banff, make it even more compelling
@ChainstackHQ aims to power as many subnets as possible
Read 13 tweets
As I said before, good news in $AVAX is an everyday thing, and this time,there's no exception to the rule.

Banff upgrade improves builders' work and will continue to make subnetting the choice of excellence for those who want decentralization. 🧵 ↓ ↓ Image
This will be a quick way to understand how subnets move forward regarding flexibility without affecting security or compromising decentralization.
So, what brings Banff to developers?

- Elastic Subnets (permissionless subnets)
- Early subnet validator removal
- P2P Protobuf messaging
- Custom delegation fee recipients
Read 13 tweets
#crosschain thesis
@axelarcore, a new cross-chain protocol has just announced a partnership w/in $AURORA w/ their #1 DEX @trisolarislabs $TRI

Cross-chain will be a MAJOR theme for 2022 & has big implications for #AVAX defi ecosystem

Here’s why...

1/14
a) Why I think cross-chain interoperability is the future
b) Why @axelarcore is a potential winner in a cross-chain future
c) What are the potential implications for #AVAX defi ecosystem?
d) What’s the play investment-wise $$$?
2/14
a) Why I think cross-chain interoperability is the future
Crypto defi is becoming increasingly fragmented w/ competing L1s
More so these L1s & dapps are becoming increasingly specialised
Think @swimmer_network #subnet on #AVAX or @dYdX $DYDX launching own @cosmos blockchain
3/14 ImageImage
Read 14 tweets
1/n

@avalancheavax was built to address issues of scalability prevalent in top protocols. And, with rapid popularity, Avalanche moved a step ahead to cater to its ballooning users by introducing Avalanche Subnets.

What is it?

How does it work?

Let’s Dive in👇🧵 Image
2/n

Before we dive into #subnets
Let’s first understand Avalanche.

#Avalanche is a Proof-of-Stake smart contract platform for #dApps powered by the snowman consensus protocol with near-instant transaction finality. It has been the most successful EVM chain after #BSC. Image
3/n

@avalancheavax launched its mainnet in Sept 2020 & Avalanche Rush - a Liquidity incentive Program in Aug 2021. This was a huge success & led to many #dApps migrating & bringing a lot of capital onto the platform.
Total Value Locked had reached $24B at its peak. Image
Read 25 tweets
I have prepared this non exaustive list of announced #subnets on #AVAX. It was made mostly by searching on twitter and it could be wrong. Most certainly, it is incomple. Take as just a glimpse of what is to come.
Ragnarok (ragnarok.xyz)
Time Shuffle (timeshuffle.io)
Ascenders (ascenders.gg)
Shrapnel (twitter.com/playSHRAPNEL)
Heroes Chained (twitter.com/HeroesChained)
Castle Crush (twitter.com/playcastlecrush)
Metropius (twitter.com/metropius)
Read 10 tweets
Why Omnichain #NFTs would be next big thing?

First omnichain nfts launched approximately 36 hours ago and got lots of attention. Achived great volume on opensea and floor rised up to 0’9 $ETH even it was a free to mint; @gh0stlygh0sts .

Let’s deep dive into it. 🧵
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U may heard Omnichain/Omniverse from @cobie at first but i’m sure u heard lots of staffs about NFT bridge for a while. It was possible to bridge nfts before but the method is not smooth. So this brings to another question; what is changed?
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The old methods basically mirroring ur nft metadata to destination chain. It was more like a synthetic asset like $ETH to $WETH.

Something came up recently to change this. @LayerZero_Labs an Omnichain Interoprability Protocol.

medium.com/layerzero-offi…
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Read 32 tweets
A 🧵 on why $AVAX could explode:

Some massive developments happening on Avalanche right now :

1. Technical Analysis
2. Avalanche Multiverse Program & Subnets
3. Super Pruning
4. Bridging
1. Technical

Over the past months, AVAX has been one of the only chains which has shown strong resilience :

Avg Total Value Locked at ~15B(10% of ETH)

Avg TPS at ~ 850K (75% ETH)

Price action : Forming an ascending triangle with solid consolidation for ~3 months Image
2. Avalanche Multiverse

Avalanche Rush was the most successful incentive program in defi, with TVL increasing from $312M to ~$15B

They have launched an even bigger fund "Multiverse" worth ~400M right now, to incentivize growth of subnets

Read 16 tweets
Anyone who has immersed themselves in the @avalancheavax ecosystem, knows the inevitable.

Web 3.0 will be run on #subnets, and with such seamless architecture, you won't even know it.

Avalanche has set the golden standard.

but they aren't slowing down just yet...

1/9
Designed specifically for Avalanche, the Core wallet launches in early Q2

"Core is not just a wallet. It’s a curated, Web3 operating system that combines secure wallet architecture with technology not found in any other wallet" - @_nMoose

This ^ + Native BTC support = ...
Mass adoption.

With ~7000 C-Chain wallets created yesterday alone, imagine the number once a mobile wallet optimized to harness the speed of Avalanche is available at the fingertips of billions of people.

We're just getting started anon...
Read 9 tweets
I've been studying @blknoiz06 for the last week.

Here are the top things I've learned from him. 🚀

A thread 🧵 👇 "imagine letting n***** outwork you"
1. His background

He's a trader, researcher, analyst and shares his profound views on Substack and #Twitter @blknoiz06

Held #Altcoins when they crashed during the last cycle and wasn't all in crypto afterwards, until he realized how much money he was leaving on the table. 💰
He missed the #DeFi summer, because he wasn't paying attention in Bear🐻. As he saw the 2017 cycle, he wanted to fully take advantage of the next bull run🐂.

He nailed all the trades in 2021: @AxieInfinity, @solana, @avalancheavax, @harmonyprotocol, @terra_money
Read 37 tweets
🧵 on some of the major smart contract chains, their different approaches, and how HOPEFULLY (for the love of all that is holy) we are moving away from simply "X chain is superior because it did XXXX TPS on a closed environment testnet"
#Ethereum #terraluna #Solana #AVAX
As @epolynya has alluded to several times, #TPS numbers are almost meaningless now. Especially anything under 100k.

At the risk of having this thrown in my face 5 years from now, TPS is essentially solved.
This is due to many things but some reasons include:

- #modular designs (@CelestiaOrg, #ETH + #rollups, and @avalancheavax to an extent)
- Rollups, in general, and how they can somewhat "defeat" the #ScalabilityTrilemma
- @IOHK_Charles & his giga brain (ok maybe not this 😉)
Read 22 tweets
1/ Thread on $AVAX Subnets 👇👇👇

Keeping it simple, why are subnets a game changer, not only for #AVALANCHE but for every #Cryptocurrency future and present.
2/ This morning I thought about Roger Bannister, the man who broke the “4-minute mile” in 1954.

No person in history believed a human being could run a mile under 4:00.0.

Yet at age 25, Roger opened up the floodgates for more than 1,400 athletes. Image
Each one successively improves on his time.

There are moments in history where a “Change Agent” comes into play.

Completely overhauling how we do business, see the world, and interact with each other. Image
Read 17 tweets
1/ @avalancheavax is a highly customizable #Layer0 that enables the development of an infinite number of #blockchains on top.

It can support the adoption of #EVM for any custom VM that implements the innovative #AVAX consensus. Image
2/ The #AVAX #protocol has the only #consensus capable of #scaling the active validator list while maintaining high transaction performance, sub-second finality, and unmatched #decentralization.

It is composed of four mechanisms: Slush, Snowflake ❄️, Snowball, and Avalanche
3/ #Avalanche #Consensus uses “repeated random subsampling” to vote: when a validator #node receives a transaction, it randomly queries other validators until the network achieves consensus.

X-Chain, C-Chain, and Platform Chain are 3 #blockchains making the Primary Network Image
Read 25 tweets

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