Discover and read the best of Twitter Threads about #protocols
Most recents (24)
1/ Spent the day researching Coinbase's @BuildOnBase Layer-2 build atop the @optimismFND OP Stack.
@coinbase considered creating a chain in 2018 and 2020 but decided not to.
So why now? And what's a #Superchain?
Peep the thread to learn 🧵
@coinbase considered creating a chain in 2018 and 2020 but decided not to.
So why now? And what's a #Superchain?
Peep the thread to learn 🧵
2/ Coinbase is primarily a Web2 company, but it has released several #Web3 products over the past couple years.
Coinbase Wallet, $cbETH, and now Base.
Historically Coinbase struggled to pick a chain for their Web3 products.
Ethereum? Ethereum Layer-2? EVM-compatible?
Coinbase Wallet, $cbETH, and now Base.
Historically Coinbase struggled to pick a chain for their Web3 products.
Ethereum? Ethereum Layer-2? EVM-compatible?
3/ During the creation of @BuildOnBase, Coinbase concluded three things:
1. #EVM is their primary development environment.
2. Ethereum is for their large-scale business products.
3. Ethereum Layer-2s are for highly-scalable dApps that will onboard 1 billion crypto users.
1. #EVM is their primary development environment.
2. Ethereum is for their large-scale business products.
3. Ethereum Layer-2s are for highly-scalable dApps that will onboard 1 billion crypto users.
🔥 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
t.me/matrixportupda…
#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
t.me/matrixportupda…
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
Our weekly #crypto snapshot by our Managing Partner Andrei Grachev (@ag_dwf) is up.
Check out this week's round up ✨
Check out this week's round up ✨
1/9
@Bitcoin May See Its Largest Adoption With Brazil And Argentina Currency Merger blockchain.news/news/brazil-an…
@Bitcoin May See Its Largest Adoption With Brazil And Argentina Currency Merger blockchain.news/news/brazil-an…
2/9
Vitalik Buterin Addresses Potential Privacy On @Ethereum With Stealth Addresses cointelegraph.com/news/vitalik-b…
Vitalik Buterin Addresses Potential Privacy On @Ethereum With Stealth Addresses cointelegraph.com/news/vitalik-b…
(1/11) Interested in knowing what #Blockchain Protocols are? Buckle up, as we’re all set to embark on a deep-topic voyage. 🧵 Read more at:
medium.com/@Zignaly-LLT/l…
medium.com/@Zignaly-LLT/l…
(2/11) #Blockchain is a decentralized, distributed ledger that publicly stores information such as transactions. #Cryptocurrency networks use #protocols to ensure secure data transfer and protect the blockchain. 🔐
(3/11) #Blockchain protocols are essential for data sharing. They provide guidelines on how data is sent across networks and control the #network interface, rewards, data type, etc. 📉
1/ With all that's happened, why is Across launching a token now?
$ACX will manage and control the protocol itself, but it's also a coordination layer for the community to support the project.
The vision far larger than short-term gains.
medium.com/across-protoco…
$ACX will manage and control the protocol itself, but it's also a coordination layer for the community to support the project.
The vision far larger than short-term gains.
medium.com/across-protoco…
2/ @cburniske of @placeholdervc explains why this approach aligns with Across' longtermism:
Projects that launched in down markets like Ethereum, Cosmos, and Solana -- "were able to accrue a valuable community that sustains them to this day"
Projects that launched in down markets like Ethereum, Cosmos, and Solana -- "were able to accrue a valuable community that sustains them to this day"
3/ Why? Because, as Chris explains, the "community was able to permissionlessly get ownership of the network’s native asset at life-changing prices."
"So ingrained are these networks to their contributors’ identity, many may never leave.” 👀
"So ingrained are these networks to their contributors’ identity, many may never leave.” 👀
(1/10) Both #Solana and #Polygon are more efficient and cost-effective alternatives to #Ethereum. Comparing its features will help you decide which one suits you best! 🧵
Learn More 👇
medium.com/zignaly/llts07…
Learn More 👇
medium.com/zignaly/llts07…
(2/10) ⚡Which one is the ideal choice — Solana or Polygon? ⚡
Both these #Protocols are more efficient and cost-effective in comparison to Ethereum. But, to help you evaluate that, here’s a comparison of these two blockchains! 💲💸
Both these #Protocols are more efficient and cost-effective in comparison to Ethereum. But, to help you evaluate that, here’s a comparison of these two blockchains! 💲💸
(3/10) Solana is an efficient blockchain that offers a range of tools that enhances ease of use. Though #Solana uses Rust, C, and C++ for developing smart contracts; developers can interact with it through an SDK. 👩🏽💻 🔣
#DeFi is a constantly moving space.✨💸
And so, it's important to be on top of all things at all times.👑
Here are 10 #tools you NEED for bettering your DeFi journey:🧵👇
And so, it's important to be on top of all things at all times.👑
Here are 10 #tools you NEED for bettering your DeFi journey:🧵👇
1. @DefiLlama: #DeFiLlama maintains all the #TVL data on #DeFi protocols.💸💎
DeFiLlama is a comprehensive tool where you can look at all the data on a #protocol and its #growth.🚀✨
DeFiLlama is a comprehensive tool where you can look at all the data on a #protocol and its #growth.🚀✨
2. @etherscan: Etherscan is a simple tool with lots of utilities.📈💰
#Etherscan is a tool that shows all the #transactions in the Ethereum ecosystem💲
Why @ethereum, though? Well, tons of protocols like @Uniswap are made on #Ethereum.💎
Knowing #ETH helps know #DeFi better.👑
#Etherscan is a tool that shows all the #transactions in the Ethereum ecosystem💲
Why @ethereum, though? Well, tons of protocols like @Uniswap are made on #Ethereum.💎
Knowing #ETH helps know #DeFi better.👑
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👇🧵
@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👇🧵
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.
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.
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.
@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.
Not many know this: DeFi Option Vaults (DOVs) have gained tremendous popularity over the past few quarters. The potential for DOVs to revolutionize DeFi in the coming years is HUGE.
Learn more 🧵👇
#WebTr3e 🌳 #DeFi #DOVs #Options
Learn more 🧵👇
#WebTr3e 🌳 #DeFi #DOVs #Options
What are DOVs? 👀
DOVs are automated vaults that use options as their underlying product to generate returns. At its peak, DOVs accounted for >$500M of the total #TVL in #DeFi options.
/1
DOVs are automated vaults that use options as their underlying product to generate returns. At its peak, DOVs accounted for >$500M of the total #TVL in #DeFi options.
/1
2 reasons why DOVs are a force to be reckoned with:
1️⃣ DOVs democratize complex options strategies to the masses
2️⃣ DOVs bring high organic yield to DeFi
We believe that DOVs will shape the #DeFi space moving forward. 🚀
/2
1️⃣ DOVs democratize complex options strategies to the masses
2️⃣ DOVs bring high organic yield to DeFi
We believe that DOVs will shape the #DeFi space moving forward. 🚀
/2
Our co-founder @JKim_Tran recently shared on how to leverage #web3 to start your #tech #career at @web3inclusivity.
👇Check out the insights in this thread 🧵
👇Check out the insights in this thread 🧵
Apply to free #web3 learning programs such as:
@She__Fi - #crypto and decentralized finance #defi for women
@encodeclub - bootcamps and hackathons of the latest #protocols
@She__Fi - #crypto and decentralized finance #defi for women
@encodeclub - bootcamps and hackathons of the latest #protocols
Learn To Earn is when you get paid for finishing a training program or course. Popular concept in #web3.
Examples @Blockgks, @rabbithole_gg, @harmonyprotocol ZK One Uni, exchanges such as @coinbase
Examples @Blockgks, @rabbithole_gg, @harmonyprotocol ZK One Uni, exchanges such as @coinbase
A great day to enter the #crypto market, everything is on sale!
What will you be buying today?
Here's my list.
📜🔍👀
What will you be buying today?
Here's my list.
📜🔍👀
1/
My 🐻 strategy.
1. Revisit your investment theses
2. Find conviction in strong picks
3. Sell if fundamentals change
4. Portfolio consolidation (≤ 10)
5. Rotate #altcoins into #bluechips
6. Dollar cost average on red days
7. Market ⬇️ = Accumulation ⬆️
8. Enjoy the discounts
My 🐻 strategy.
1. Revisit your investment theses
2. Find conviction in strong picks
3. Sell if fundamentals change
4. Portfolio consolidation (≤ 10)
5. Rotate #altcoins into #bluechips
6. Dollar cost average on red days
7. Market ⬇️ = Accumulation ⬆️
8. Enjoy the discounts
2/
My 🐻 picks.
1. $LUNA
2. $UST
3. $ETH
4. $RUNE
5. $NEAR
6. $AVAX
7. $GLP
8. $FTM
9. $SOL
10. $BTC
My 🐻 picks.
1. $LUNA
2. $UST
3. $ETH
4. $RUNE
5. $NEAR
6. $AVAX
7. $GLP
8. $FTM
9. $SOL
10. $BTC
'GUIDE TO BRIDGING FOR NEWBIES'
As a newbie still trying to find his footing in the Defi Space..
You've probably heard your favorite influencers talk about bridging one token or the other eg. BSC to Cronos
And you're here wandering what it entails
Follow me 👇🏾
A thread
As a newbie still trying to find his footing in the Defi Space..
You've probably heard your favorite influencers talk about bridging one token or the other eg. BSC to Cronos
And you're here wandering what it entails
Follow me 👇🏾
A thread
First of all what does bridging mean?
Bridging means moving your crypto tokens from blockchain to another.
Secondly, what is a bridge?
A bridge, more accurately called a blockchain bridge,
connects two blockchains and allows users to send crypto from one chain to the other.
Bridging means moving your crypto tokens from blockchain to another.
Secondly, what is a bridge?
A bridge, more accurately called a blockchain bridge,
connects two blockchains and allows users to send crypto from one chain to the other.
Blockchain bridges help solve the problem of lack of interoperability between blockchains because,
they act as an intermediary that helps different blockchains to communicate with each other.
they act as an intermediary that helps different blockchains to communicate with each other.
Here's why everybody should be buying $pLUNA on @prism_protocol right now👀
A short 🧵, you won't regret💸
A short 🧵, you won't regret💸
1/ Let's start with the basics: @prism_protocol let's you split ("refract") your $LUNA into two components:
- $yLUNA: representing the underlying $LUNA's yield (current APR 42 % on @prism_protocol) and
- $pLUNA: representing the principal
$pLUNA + $yLUNA = $LUNA
- $yLUNA: representing the underlying $LUNA's yield (current APR 42 % on @prism_protocol) and
- $pLUNA: representing the principal
$pLUNA + $yLUNA = $LUNA
2/ The current ratio of these two components is heavily weighted towards $yLUNA, it representing around 87 % of $LUNA's price ($81), while $pLUNA is only capturing the remaining 13 % ($12). 🤔
That's no wonder as...
That's no wonder as...
Hey @milesdeutscher, great write-up on the $LUNA #yield opportunities on @prism_protocol! 🥳
We missed some more information on the capabilities of $pLUNA, though! No problem - that's what we are here for 🤝
A quick 🧵 on what you can currently (& soon!) do with $pLUNA!
We missed some more information on the capabilities of $pLUNA, though! No problem - that's what we are here for 🤝
A quick 🧵 on what you can currently (& soon!) do with $pLUNA!
1/ $pLUNA represents the principal token of $LUNA.
In theory, you should be able to do everything with $pLUNA, that can be done with $LUNA, except of course, earn staking yield (as that's what $pLUNA's counterpart $yLUNA is for!)
In theory, you should be able to do everything with $pLUNA, that can be done with $LUNA, except of course, earn staking yield (as that's what $pLUNA's counterpart $yLUNA is for!)
2/ Since @prism_protocol just recently launched, in practice things are looking a bit different though.
Naturally, you can #hodl your $pLUNA. Besides that, you can...
Naturally, you can #hodl your $pLUNA. Besides that, you can...
I was among the first to articulate the shift to platforms, 15 yrs back, and later wrote about in my books Platform Revolution and Platform Scale.
I believe #protocols will drive the next big shift in value creation & markets.
Here's why!
A mega thread, with illustrations. 🧵
I believe #protocols will drive the next big shift in value creation & markets.
Here's why!
A mega thread, with illustrations. 🧵
Protocols will bring about a fundamental redesign in value creation and markets, not just a shift towards decentralisation or read/write/own, as many of the Web1 to Web2 to #Web3 proponents often claim.
To understand the transformative power of protocols, and why this is more than just a shift from Web2 to #Web3, let's go through a quick primer in business history.
cc @BosonProtocol
cc @BosonProtocol
#Layer2 Scaling is a concept that is used in the #Ethereum communities with some believing it represents $ETH future.
What does this truly imply? 🤌🏼
How does it operate and why do we need it? 🧐
Today we will deep dive into non-custodial solutions ⬇️
What does this truly imply? 🤌🏼
How does it operate and why do we need it? 🧐
Today we will deep dive into non-custodial solutions ⬇️
1/ Over the past years, #Ethereum popularity has resulted in a massive rise in transactions and, therefore, #network traffic.
With several users competing for faster #transaction processing, a bidding war occurs, resulting in very expensive gas fees for each user.
With several users competing for faster #transaction processing, a bidding war occurs, resulting in very expensive gas fees for each user.
Once new scaling solutions arise in the #blockchain space, it is always necessary to consider:
- how much they inherit #Layer1 #security and network characteristics
- if they impose stricter user requirements compared to the underlying #Layer1
- how much they inherit #Layer1 #security and network characteristics
- if they impose stricter user requirements compared to the underlying #Layer1
$LUNA has added more than 13,800% to its value over the past 12 months, and predicted to grow 350% by the end of 2022.
Easy and simple explanation on why you should not underestimate the 2nd largest blockchain in #DeFi Today ! ⬇️🧵
Easy and simple explanation on why you should not underestimate the 2nd largest blockchain in #DeFi Today ! ⬇️🧵
1. The decentralized finance space is one of the biggest winners this year.
A recent report revealed that the total value locked (TVL) in DeFi #protocols rose by $100 billion in 2021. While $ETH remains the leading DeFi blockchain, Terra is the biggest winner.
A recent report revealed that the total value locked (TVL) in DeFi #protocols rose by $100 billion in 2021. While $ETH remains the leading DeFi blockchain, Terra is the biggest winner.
2. @terra_money is an algorithmic #stablecoin platform that works on a Proof of Stake (PoS) #blockchain infrastructure.
$LUNA is the native #token of Terra and is used in the issuance of stablecoins, as a price stability mechanism, and also for staking and network governance.
$LUNA is the native #token of Terra and is used in the issuance of stablecoins, as a price stability mechanism, and also for staking and network governance.
1/ Yesterday's thread was all about getting started with #DAO. Down the rabbit hole, some of these tools are the defacto standard for most DAOs!
I've curated a list of 14 tools of the trade to get you a head-start on your DAO journey 💝
🧵
I've curated a list of 14 tools of the trade to get you a head-start on your DAO journey 💝
🧵
2/ Gnosis Safe (@gnosisSafe) - A smart contract based multi-signature #wallet used to manage community treasury.
⏩In simple words - It requires a minimum number of people to approve a transaction before it can occur
gnosis-safe.io
⏩In simple words - It requires a minimum number of people to approve a transaction before it can occur
gnosis-safe.io
3/ Snapshot (@SnapshotLabs) - A popular off-chain DAO voting platform for easy #token based governance.
⏩In simple words - Snapshot contains multiple spaces such as @AaveAave, @SushiSwap among others, that you can join & vote on proposals
snapshot.org/#/
⏩In simple words - Snapshot contains multiple spaces such as @AaveAave, @SushiSwap among others, that you can join & vote on proposals
snapshot.org/#/
The #game of “economic moats” within most public #blockchains has made it hard for people to join in by forcing people to choose between geek and geeker. Go ahead and ask anyone new to #crypto how to get started and its like deer in headlights!
Time for a thread:
Time for a thread:
2/ Blockchain is a #technology that is meant to bring safety and freedom to you, yet most #dapps today have it's users completely at the control of the company that created it!
3/ When we try to use #blockchain networks, you feel like you are treated like a machine, instead of a person. Making people feel controlled and manipulated through poor system designs that have not fixed the hard part, treating you like a person.
Yesterday, after a long discussion with a close family member who is a US MD phd, we agreed that with world's best #contagion models (% masks & social interaction) available in world today, the covid take-off could at best have been predicted 7 to 10 days before it exploded...2/
2/covid #Covid Pragmatic suggestion is to ban all #Social gatherings of > 7-10 people (indoors & outdoors), till curve turns down, but don't stop economic activity (w cumplusory masking, distancing). Once curve flattens, outdoor gathering restrictions can be eased with masking
3/covid Cities/towns/urban,/semi urban; rural markets/melas areas are where there is the greatest interaction between people (mobility & personal interaction are the key parameters in these virus spread models)
Hard Hitting Realities of Laweypora #HMT #SrinagarEncounter for those who will try their best to draw a parallel between #Amshipora and #Laweypora.
A #Thread.
#SrinagarEncounter #Kashmir
#PoliceDeniesAllegation
A #Thread.
#SrinagarEncounter #Kashmir
#PoliceDeniesAllegation
#Lawaypora was a joint #operation launched by parties of #JKP, #Army & CRPF based on specific #intelligence about the presence of #terrorists in the Lawaypora area.
Based on intelligence input, cordon was laid & all the standard operating procedures were followed.
#Kashmir
Based on intelligence input, cordon was laid & all the standard operating procedures were followed.
#Kashmir
The #operation was conducted right besides the NH44 under full #media glare of both #national & regional media. The operation lasted for 18 hours in the thickly populated area with heavy traffic & numerous houses in the vicinity that had direct view of the entire #encounter site.
9/gpc Intensity of exposure to Corona virus matters. Which is why all household members get sick if they don't take precautions during home quarantine of one member. It's also why bars, party rooms & public bathrooms are most dangerous.
10/gpc This means we will have to follow the five safety precautions mentioned in first tweet & repeated in 🧵, even after new cases decline(ie for 6-12 months) : bit.ly/2FB7mZa
11/gpc The five fold path out of Covid19 #Masks, #Hygiene, #Distancing, #Ventilation/#UVfilteration , #TTQ
1/ Last week I posted about automated digital contact tracing apps- lots of discussion since: @CaseyNewton @DKThomp articles, @djweitzner privacy-protective framework pact.mit.edu
now lemme talk about the other kind of contact tracing app
now lemme talk about the other kind of contact tracing app
2/ In our report "Achieving containment" we instead ask for "tools that increase the efficiency & ease of contact tracing: enhanced directories, multichannel messaging applications, real-time translation services, symptom reporting & isolation monitoring"
healthpolicy.duke.edu/sites/default/…
healthpolicy.duke.edu/sites/default/…
3/ Over the past week, I've talked with public health workers actively engaged in contact tracing at local health departments, and smart folks thinking hard about best commercially available tools to help them (HT @dburka @ResolveTSL @bijans)
Here are their "jobs to be done"
Here are their "jobs to be done"
Avui farà una setmana que vam haver de quedar-nos a casa. Quatre dies abans del decret. Havia anat prenent nota d'alguns detalls i, per fi, he pogut reunir un moment per passar a net alguns gargots que vaig esbossar...
Comencem...
#coronavirus #diaridequarentena
Comencem...
#coronavirus #diaridequarentena
El segon dia de la nostra quarantena familiar, dimarts de la setmana passada. Érem joves i innocents...
#coronavirus #diaridequarentena
#coronavirus #diaridequarentena
I arribo al nostre tercer dia en quarantena: dimecres passat. Vam començar a adonar-nos que allò no seria qüestió de dos dies...
#coronavirus #diaridequarentena
#coronavirus #diaridequarentena
