Discover and read the best of Twitter Threads about #centralization
Most recents (10)
1/ As requested, a 🧵 on Adaptive State Sharding developed and used by #MultiversX formerly @ElrondNetwork
Adaptive State Sharding is a complex but groundbreaking advancement in blockchain architecture which I will try to simplify below 👇
#Elrond @egld_initiative ⚡️
Adaptive State Sharding is a complex but groundbreaking advancement in blockchain architecture which I will try to simplify below 👇
#Elrond @egld_initiative ⚡️
2/ We will go over:
🔸What is sharding?
🔸How is it used in blockchain?
🔸Why is it important?
🔸The types of sharding
🔸What does "adaptive" mean?
🔸Why #MultiversX method is so groundbreaking
So let's get into it...💪
🔸What is sharding?
🔸How is it used in blockchain?
🔸Why is it important?
🔸The types of sharding
🔸What does "adaptive" mean?
🔸Why #MultiversX method is so groundbreaking
So let's get into it...💪
3/ To begin we need to understand what sharding is...
The word "shard" means "a small part of a whole" and was 1st introduced as a way to break up computer databases into smaller and faster parts
Ex. Imagine a database with 10k records and you need to find 1. 👇
The word "shard" means "a small part of a whole" and was 1st introduced as a way to break up computer databases into smaller and faster parts
Ex. Imagine a database with 10k records and you need to find 1. 👇
The Endgame, proposed by Rune, has passed the MakerDAO governance vote. While 122 persons have voted, only one matters as he represent 63% of the turnover and 74% if we use influence.
#decentralization
1/n 🧵
#decentralization
1/n 🧵
Most big voters are delegates (a cool system). They are paid in line with the amount of MKR they get delegated.
So it is fair to say that when your biggest sponsor is 51%+ of your compensation, you listen.
Which, oddly enough, brings #centralization
2/n
So it is fair to say that when your biggest sponsor is 51%+ of your compensation, you listen.
Which, oddly enough, brings #centralization
2/n
It doesn't have to be this way as MKR is quite decentralized in holdings, just people don't vote nor delegate. @a16z is one of those who does it a little.
MKR bagholders, bring your voice to the party. Whatever your voice is.
3/3
MKR bagholders, bring your voice to the party. Whatever your voice is.
3/3
[1/5] What is most misunderstood about the #ETH 2.0 #PoS ecosystem?
Spoiler: isethcentralized.com
Disclaimer: This is a study of ETH2 consensus centralization, not a public opinion of it being good or bad.
For anyone who thinks #centralization is a problem, buckle up.
Spoiler: isethcentralized.com
Disclaimer: This is a study of ETH2 consensus centralization, not a public opinion of it being good or bad.
For anyone who thinks #centralization is a problem, buckle up.
[2/5] Who will drive the new PoS mechanism moving forward?
Preliminary data show that centralized entities hold more than 55% of the validator nodes in the #Etherium ecosystem.
Preliminary data show that centralized entities hold more than 55% of the validator nodes in the #Etherium ecosystem.
[3/5] This dominance will only increase since the barrier to entry both from a monetary perspective (#32ETH) and from a tech perspective (validator nodes) is very high. Because of that, individuals have a solid incentive to outsource this task.
#GM!
1/ There have been many amazing #threads about $stETH and $ETH, to complement that we will uncover the basis of #liquidstaking in our latest #visualguide
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
1/ There have been many amazing #threads about $stETH and $ETH, to complement that we will uncover the basis of #liquidstaking in our latest #visualguide
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
2/ #LiquidStaking is one of the ways to generate a #yield from an asset by utilizing the #composability of liquid staking derivative (LSD) #tokens
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
3/ #LiquidStaking is needed to reduce the barrier to become #validator and indirectly to increase #liquidity across the networks.
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
#DeFi #Crypto #Cryptocurrency #Bitcoin #Ethereum #staking #ETH #BTC #AVAX #BNB #SOL #NFT #Lido #LDO #trading #merge
Symptomatic #Quercetin Dosing: Vs Asymptomatic: Vs c19protocols.com Underdosing compared to @dwmoskowitz
#Quercetin Clinical Trials are Underdosing clinicaltrials.gov/ct2/show/NCT04… & should consider doses of #Zinc #VitaminC #VitaminD
#Quercetin Clinical Trials are Underdosing clinicaltrials.gov/ct2/show/NCT04… & should consider doses of #Zinc #VitaminC #VitaminD
Let's demystify @graphprotocol and understand #what does this do? #Why developers use it? What problems it solves, #how it works and how to get started!
A #thread 🧵 👇
A #thread 🧵 👇
1/ The #web 🌐 of today has a client-server architecture that grants tremendous power to whoever runs the server. This favors #centralization! But we may have reached the peak of centralization & the power is now slowly getting distributed!
2/ Web3 is the new layer that will enable #decentralization on a mass scale! Blockchains like #ethereum will be the north star of this new movement. 🚀
Daily Bookmarks to GAVNet 01/18/2021 greeneracresvaluenetwork.wordpress.com/2021/01/18/dai…
Millions Flock to Telegram and Signal as Fears Grow Over Big Tech
nytimes.com/2021/01/13/tec…
#privacy #CommunicationPlatforms #MessagingServices #encryption
nytimes.com/2021/01/13/tec…
#privacy #CommunicationPlatforms #MessagingServices #encryption
Daily Bookmarks to GAVNet 01/09/2021 greeneracresvaluenetwork.wordpress.com/2021/01/09/dai…
Ezra Klein on Twitter and ThreadReader
threadreaderapp.com/thread/1347241…
#responsibility #leadership #accountability #consequences #justice
threadreaderapp.com/thread/1347241…
#responsibility #leadership #accountability #consequences #justice
Daily Bookmarks to GAVNet 12/10/2020 greeneracresvaluenetwork.wordpress.com/2020/12/10/dai…
How Neutral Theory Altered Ideas about Biodiversity
quantamagazine.org/how-neutral-th…
#biodiversity
quantamagazine.org/how-neutral-th…
#biodiversity
“The process of #centralization has resulted in #monetary disintegration :”… (1/6)
Democracy: The God That Failed
Democracy: The God That Failed
“… the destruction of the former international commodity (gold) #money standard and its replacement with a #dollar-dominated system of freely fluctuating government paper monies, i.e., a global, U.S.-led government counterfeiting cartel” (2/6)
“However, a system of freely fluctuating paper currencies – the Friedmanite-#monetarist ideal – is strictly speaking no monetary system at all. It is a system of partial barter -dysfunctional of the very purpose of #money of facilitating rather than complicating exchange” (3/6)
