Discover and read the best of Twitter Threads about #consensus

Most recents (24)

1/10 Blockchain tech is composed of different layers, and #Layer1 is a fundamental part of this ecosystem.

It refers to the underlying infrastructure that serves as the foundation 4 a blockchain network, providing the basic functionality and sets the rules 4 the entire system Image
2/10 Layer 1 blockchains, like @MultiversX, are often referred to as "base layer" or "on-chain" solutions. 📋

They handle key functions like:

✅ transaction #validation
#consensus mechanisms
✅maintaining the overall security and integrity of the blockchain.

3/10 Layer 1 blockchains are designed to be

✅and immutable.

They have their own native #cryptocurrency 🪙 (in @MultiversX is $eGLD) and can support a wide range of applications and #smartcontracts.
Read 10 tweets
#theorie #dangerousThinking

Als de gehele geneeskunst gebaseerd is op leugens, het in stand houden van een verdienmodel belangrijker is dan gezondheid en virussen daadwerkelijk exosomen zijn, wat spuiten ze ons dan in?

En dan zou er discussie moeten zijn. Maar dat mag niet.
#isWetenschapnogWetenschap #consensus #narratief

Tegenwoordig mag je niet meer nadenken over een mogelijk andere reden voor ziekten, virussen, werking pillen en prikken.

Er is namelijk een consensus gevormd dat het zo is.
Er is een narratief dat je moet volgen.

Je mag niets meer zelf onderzoeken.

Daarvoor hebben ze 'experts' die gezamenlijk een consensus hebben bereikt. Het is zo, omdat zij zeggen dat het zo is.

Is dat wetenschap? Waar bij wetenschap het ONDERZOEKEN, het continue weerleggen van een uitkomst om er zeker van te zijn, de
Read 33 tweets
#NFT Innovations🔥

#ERC721C (programmable, on-chain royalties), #ERC6551 (token-bound accounts), and #ERC4337 (smart contract wallets) are emerging primitives that add new innovations to on-chain gaming, media, and social.

1/8 Here’s some helpful info to know (video shorts): Image
2/8 Programmable on-chain royalties #ERC721C (not yet an official standard though)
3/8 Problems with prior royalties standard (#EIP2981) - not enforceable on-chain
Read 8 tweets
推特学术写作大师 Mushtaq Bilal 博士的33条推特在两个月内吸引了4550万View
#学术写作 #AI应用 #ChatGPT
Notion:… Image
#学术写作 #ChatGPT #初稿技巧
#学术发表 #博士之路
Read 36 tweets
🔥 The newest hype in the #crypto space: #ordinal #NFTs

#Minted directly on the #Bitcoin #blockchain! 🎨

💰 Learn how this multi-billion dollar #token is offering greater security, transparency, and use cases🧵👇

Also, it's best to sub to our TG…
1/10 🚀 #OrdinalNFTs are the latest hype in the #crypto space! Unlike classic #NFTs which rely on #token standards like #ERC721, ordinal NFTs are #minted directly on the #Bitcoin #blockchain. This offers greater permanence and immutability on the distributed #ledger.
2/10 🎨 With #ordinalNFTs, users can inscribe digital art, profile pictures, videos, audios, and images directly onto #satoshis (the smallest unit of #Bitcoin). This means no need for additional #sidechains, L2 solutions, or #tokens! #cryptoart
Read 12 tweets
[1/🧵] Is this you? 🤨

• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years

Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇 Source:
[2/20] If you've been following this topic, you'll recall that there was once a #XRPL snapshot:

• 12th December 2020, 00:00 UTC
#XRP Ledger index 60,155,580
. . . Source:
[3/20] . . .

You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.

→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . . Source:
Read 22 tweets
After a turbulent 2022 we are approaching the end of the year with a NGMI feeling. In these moments, is important to remember the extraordinary achievements that our team has reached in 2022 to approach the future with optimism and determination.

Here're a few highlights 🧵1/16
2/ The #Aurora ecosystem witnessed astonishing growth in 2022. At the beginning of the year, a little over 10 dApps were building on Aurora, and only 2 regional communities were active. Currently, we count <200 dApps, & 13 regional communities, & 6 media groups 🔥
3/ Aurorascan 🚀

Aurora’s integration with Etherscan was one of the first major announcements of 2022. It allows users and developers to get access to dev tools and network stats with extended insights into Aurora’s EVM.

Read 16 tweets
what happened in #RadFi2022?
🔹nowadays the crypto is absolutely garbage for users, Devs & entrepreneurs. because they want good UX , secure platform & efficiency.
🔸 $ETH $Sol $DOT $ADA & Etc. can't response these demands as the best as possibility.
@radixdlt #Crypto #Defi
🔸#DeFi had increased to 200B dollars recently.
🔹20k Devs spend 24h/7d time to build secure & good user experience platforms but almost 6B dollars hack occurred recently!
🔸that's why the people you know who use #Web3 & #Defi are really handful.
@radixdlt #Crypto #Web3
☑️#Radix comes to solve them while providing :
/ \
/ \
secure _ _ __ decentralization

Radix is a pre-sharded platform that has 2^256 shards!
the shard meaning is different from another platforms.
Read 12 tweets
@mvankerkhove @DrTedros @DrMikeRyan @WHOWPRO @WHOSEARO @WHOAFRO @WHOEMRO @WHO_Europe @pahowho @gabbystern @SCBriand So... let us to start by compensating our residual risk in every public spaces, for near and distant contagion through respiratory aerosols, with quality standards of prevention linked to multilayered non-pharmaceutical interventions. Before Christmas pls!
@mvankerkhove @DrTedros @DrMikeRyan @WHOWPRO @WHOSEARO @WHOAFRO @WHOEMRO @WHO_Europe @pahowho @gabbystern @SCBriand @AIREyVIDA2021 #las7capas (the 7 layers) is a comprehensive #VaccinesPLUS model of #Prevention for airborne diseases as COVID/LongCOVID, developed nonprofit between 2020 and 2022 -before #Consensus- by @ongdesinflamate from Chile, then shared with spanish-speaking people through @AIREyVIDA2021.
@mvankerkhove @DrTedros @DrMikeRyan @WHOWPRO @WHOSEARO @WHOAFRO @WHOEMRO @WHO_Europe @pahowho @gabbystern @SCBriand @AIREyVIDA2021 @ongdesinflamate All We citizens and peoples of the world, actually need @WHO and our States to teach, regulate and facilitate #las7capas (the 7 layers).

If these Quality Standards linked to multilayered #VaccinesPLUS NPIs are not recommended by Dec 23rd, 2022 #1YearLater, We won't trust on you.
Read 4 tweets
A #Metaverse Beyond #Gaming

Introducing #Exosama Network

• So, what is it?
• How big is it?
• What is the hype around it & @DonnieBigBags?

Get ready to "Expect Chaos" ⚡️


Let's begin with what is @ExosamaNFT Network

• Versatile L1 blockchain with a focus on #gaming, #music, #fashion, and #Metaverse

• High-performance #EVM capability (continuation of EWT tech)

• Ability to bridge to multiple #metaverses and ecosystems

Check out this talk where @DonnieBigBags admits to stumbling upon #NFTs 🤯 and accidentally building the biggest #blockchain game on @Polkadot

@RugRadio @farokh
Read 31 tweets
Since the #EthereumMerge has put discussions around consensus right back on the map, it's a good time to learn about blockchain architecture and its core functionalities.

Modular vs. Monolithic blockchains: benefits & drawbacks – A thread 👇🧵
What's a monolithic chain?

In a monolithic blockchain, all key features or responsibilities of a blockchain system are addressed internally.
A monolithic blockchain, in its base consensus layer, undertakes key features such as data availability, settlement, and execution.

Usually, #settlement and #execution are tied together.
Read 15 tweets
Increasing the no of users on-chain requires faster execution times, higher security, & cheaper txn fees.

#Sharding is one solution that claims to scale blockchains to process up to a million txns per second.

What's sharding? How does it work?

Let's find out 🧵👇 Image
In non-sharded blockchains, each node is responsible for processing every transaction and storing the entire state.

Even if there are 1000 nodes (⬆️ nodes = ⬆️ security), the TPS of the network is limited to the processing power of one node.

This creates a bottleneck.
Sharding is one of the most viable solutions to this problem.

It focuses on splitting the blockchain into smaller pieces called "shards."

Each shard can process a portion of the total transaction processing load, increasing the network's processing power. Image
Read 32 tweets

When #cryptocurrency projects distribute their native #tokens straight to their customers' wallets.

[#web3 glossary thread]

Important or insider knowledge, notably about the value of #digital assets such as #cryptocurrencies and #NFTs; a measure of an investment's return over and above that of the market or other benchmark.

[#web3 glossary thread]

Formerly used to describe any #cryptocurrency that wasn't #Bitcoin; however, #altcoin is now used to describe any new cryptocurrency with a low market valuation.

[#web3 glossary thread]
Read 102 tweets
🧵"@cryptoswarmai and sustainability"
Abstract: Swarm AI is a predictive biomimetic AI enabling effective and efficient group-based decisions for humans. Its potential for greater good has not yet been fully unlocked.
Keywords: #AI #predictive #consensus #biomimicry #decisions
Background: I joined CryptoSwarm for two main reasons. Firstly, I saw an opportunity for financial profit. Secondly, as a human being interested in sustainability, biomimicry and AI, the underlying technology has plenty of applications to build a more sustainable world
I would recommend others to join because CryptoSwarm seems like a great tool for financial investment, but also to learn more about its technology and to widen its field of applications.
Read 14 tweets
What is Proof of Stake (PoS) ?

Our last 🧵 looked at the original Nakamoto #consensus method that uses #ProofofWork - a trusted & robust method - but very time & energy consuming.

Enter #ProofofStake
1/ With #ProofofStake validators don’t race to solve #cryptographic puzzles (also known as #mining and the main reason #ProofofWork is so energy intensive).

Instead validators #stake their own #crypto assets in order to participate in consensus.
2/ This uses much less energy and is faster - which is important for the #environment and for #applications that require speed and scalability.
Read 9 tweets
What is Proof of Work (PoW)?

Our last thread introduced the topic of #consensus mechanisms which determine how #data is added to the #blockchain

In this 🧵 we look at consensus mechanisms that use Proof of Work:
1/ A group of owls is called a Parliament.

And just as there are different ways to participate in a democracy (eg voting in a referendum vs electing a representative to decide on your behalf) - there are also different ways of participating in decision making on a #blockchain
2/ The first #blockchain developed for #bitcoin by Satoshi Nakamoto uses Nakamoto #consensus
Read 9 tweets
What is a #consensus mechanism?

Quick 🦉 fact before we dive in..

Did you know that the collective noun for a group of owls is a ‘Parliament’?

This is a great starting point to understanding #consensus mechanisms on a #blockchain
1/ A #consensus mechanism on #blockchain is the process by which participants ‘agree’.

A bit like #voting in a #parliament.

This simple diagram describes the basic process:
2/ #consensus is critical to #blockchain because it determines how #data is added to the #database - that is, how the next #block is added to the chain, which as we explained last week is secured by #encryption
Read 8 tweets
We are now going through a very defining period in the history of blockchains

where the era of monolithic blockchains is ending and

the era of modular blockchains is starting

marking the first step towards mass adoption!

🧵 A thread on Consensus mechanisms: 👇 Image
Since the inception of #Bitcoin,

the blockchain industry only had monolithic blockchains

where one #blockchain is designed to not outsource components to external networks

and is burdened with too many tasks to perform Image
In a monolithic #blockchain

The #consensus & execution functions are bundled into one layer

And a smart contract is then built on this bundled layer

The users are bound within one execution environment

This limits the potential to optimize & specialize for specific use cases
Read 24 tweets

@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

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

@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
💡Zététique ou Autodéfense intellectuelle ? (thread)

Lors de mon enseignement des bases de la #PenséeCritique, la « #zététique » et l'#AutodéfenseIntellectuelle m'ont été présentées de façon confondue : il m'a été longtemps difficile de faire la part des choses entre les deux.👇
De plus, sans même parler d'#AutodéfenseIntellectuelle, la définition du terme #Zététique elle-même semble être différente d'une personne à l'autre.
Je vais ici vous en exposer ma compréhension depuis les cours de @RichMonvoisin à son utilisation dans la communauté des #SceptiquesRationnel·les française et parler brièvement des idéologies associées comme l'#AutodéfenseIntellectuelle afin d'éviter les épouvantails.
Read 60 tweets
Are you trying to understand #THORChain? ⛓️

Here's what I learned about THORChain and the best resources I've found to read more about it. 🚀

A thread 🧵👇
@THORChain is a decentralized cross-chain automated market maker (AMM) that allows users to trade spot Tokens across blockchains.

It allows users to trade in the native asset, not a synthetic wrapped version like #wBTC.
Trading over centralized exchanges presents risk through:

⚈ counterparty risk
⚈ the time that it takes to send assets to #CEX and withdraw again
⚈ forced seizure of assets through regulators or governments
⚈ hacks
Read 21 tweets
In the most significant #blockchain upgrade in history, the #Ethereum network is moving from a #proofofwork (#PoW) to a #proofofstake (#PoS) consensus mechanism to confirm transaction blocks, known as “The Merge”

Read more and debunk myths:
1/ The two major upgrades, PoS #consensus and #sharding, promise to deliver fast transaction times with low network costs without sacrificing scalability, security, or decentralization. #TheMerge is Phase 0 of the rollout of the Ethereum 2.0 improvements this year. Image
2/ ‘The Merge’ will replace PoW and the temporary split solution with the more energy-efficient PoS consensus layer, the Beacon Chain. Transaction blocks will no longer be confirmed by solving computationally intensive puzzles. Image
Read 7 tweets
I read this G20 policy brief which was released Sept 2021

A lot of positive talk about harnessing the benefits of #Blockchain/#DLT

Compares USA FinCEN VS China CBDC

G20 Implementing policies that leverage DLT⏬

My theory with examples of how it can relate to
First of all, shout out to the writers as this was well written on global DLT @KingsCollegeLon

If you are into global law, regulated DLT, and G20 topics, this is a technical one to review as it has lots of good thoughts.…

#DLT #Blockchain #crypto #G20

The G20 is uniquely placed to implement policies that leverage the benefits of cryptocurrencies, in particular, DLT for faster and more efficient transactions process.

#DLT #Blockchain #isthe #Future #Utility #Theory
#Crypto #fintech #G20
Read 14 tweets
There's a lot of questions about #cassie, what is the significance, why is it cool, what does it demonstrate, how is it #web3. Even moreso since the #radflix demo dropped & the exposure it got on various socials etc so here is a thread...
Hopefully yall know by now that it is primarily a research network. It started as a collection of radical ideas around #consensus, #sharding, #blockchain and #cassie is the embodiment of those ideas to demonstrate viability. But it has now become so much more...
It is technology that can do things that were said to be impossible. Technology that can do things other L1 tech hasn't even dreamt of trying to do. It is a technology which is being used to show proof of potential on all the *hardest* things first...
Read 10 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!