Discover and read the best of Twitter Threads about #transactions

Most recents (24)

Binance Exchange's Health After the CFTC Lawsuit

CQ's research team assessed the behavior of Binance net-outflows and reserves of $BTC, $ETH, and Stablecoins in three recent stress-test periods.
- Regulatory FUD after FTX Collapse
- Paxos' announcement
- CFTC lawsuit

Thread🧵
1/ #Bitcoin

Regulatory FUD
A netflow of -40,353 BTC in a day and total netflows of -78,744 BTC in a week.

Paxos' announcement
The largest daily netflow was on Feb 12th for -5,027 BTC.

CFTC lawsuit
A daily netflow of -4,505 BTC.

They have remained inside historical ranges.
2/ #Ethereum

Regulatory FUD
The highest daily netflow was -278k ETH.

Paxos' announcement
The daily netflow was -79,706 ETH

CFTC lawsuit
A daily netflow of -76,146 ETH

They have remained inside historical ranges.
Read 7 tweets
The 2022 UCC Amendments help promote stability & predictability in commercial transactions related to a variety of cryptocurrencies (whether intrinsic, non-intrinsic, NFT, or otherwise). A thread clarifying some of the critiques by @theblaze's Daniel Horowitz & @1MarkMoss 1/n
@theblaze @1MarkMoss First, it is worth noting that the UCC is maintained as a joint project of the Uniform Law Commission and the American Law Institute. I am neither a ULC commissioner, nor a member of the ALI. I am a #law #prof @SMULawSchool & have been a #blockchain lawyer since 2011-ish 2/n
@theblaze @1MarkMoss @SMULawSchool I was, however, an observer on the 2022 UCC Amendments project over the long-haul of the project, and it was a long-haul - years in a process that was open to the public for participation...I am not sure changes to the UCC have ever been accused of being "sudden" before 3/n
Read 42 tweets
1/3 How to #Swap $ADA for $BNB - A Quick Guide

#Crypto or #token swapping is a process that allows you to directly #convert one digital #currency to its equivalent #value in another.

$ADA & $BNB are both widely used cryptos ✅

Read more: kasta.io/blog/how-to-sw…
2/3

Initially, both were developed for different purposes, but are now being used as a payment method for cross-border #transactions.

-> #ADA to #BNB Coin Swap.

There are two ways to do it in the #Kasta app:
1. Swap Feature
2. Easy Swap Engine
3/3

🔥 One of the best things about #crypto #swapping is being able to switch to a different #currency without an intermediary.

It’s #easy and with the right platform, can be extremely convenient.

Here's how to swap $ADA to $BNB ⬇️
kasta.io/blog/how-to-sw…
Read 3 tweets
Are you hearing a lot of buzz about L2 #METIS due to @AaveAave V3 on @MetisDAO?

Here is a quick thread explaining the basics of $METIS blockchain 🧵👇🏻 Image
What is #METIS?
Metis is a blockchain protocol that utilizes a unique consensus mechanism called "Proof of Intelligence" (PoI).
What's POI?
PoI is a consensus mechanism that utilizes artificial intelligence (AI) to validate transactions on the Metis network. Image
Metis also utilizes sharding to increase the scalability of the network. Sharding is the process of dividing the blockchain into smaller, more manageable pieces called "shards." Each shard can process transactions independently, increasing the overall throughput of the network.
Read 7 tweets
(1/11) 🤔 Wondering what #smart contracts are and how do they work? Don’t worry, we have you covered. 🧵
Read more at:

medium.com/zignaly/llts74…
(2/11) #SmartContracts are computer programs or protocols that automatically execute #transactions stored on a #blockchain when certain conditions are satisfied. 🤓
(3/11) Smart #contracts can be thought of as digital "if-then" statements made by two or more parties. 🤝 When the expectations of one party are met, the #contract is said to be fulfilled. 💼 #SmartContracts #Cryptocurrency
Read 11 tweets
(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…
(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. 📉
Read 11 tweets
[1/🧵] I've been reading a lot about #XRPL #scalability recently.

Let me quickly go through how #XRPL performs and #scales on these metrics:

▶️ Scale up "vertically"
▶️ Scale out "horizontally"
▶️ High volume & High value TX
▶️ High value & Low speed Source: https://ripple.com/insights/building-a-more-sustaina
[2/17] 👉 Asynchronous TX speed—Scale up "vertically"

In contrast to #DAG-based systems, which operate in "chaotic order" and execute transactions in parallel, the #XRPL validates transactions in canonical transaction order—one Ledger at a time.

🔗 bitcoin.stackexchange.com/questions/7857…
. . .
[3/17] . . .

❓ The approach for #DLT/#Blockchain-based systems such as #XRPL:
☑️ "Payment Channels"

🧐 It's a sophisticated feature for transmitting "asynchronous" #XRP #payments that may be broken into extremely small amounts and paid in total order afterwards.
. . . Source: https://ripple.com/insights/amendments-ensuring-sens
Read 19 tweets
[1/🧵] That is a genuine question, and while the answer may disappoint you, it isn't as important as one may believe.

Let's go back in time to find out what happened and thoroughly address the question. 🧵👇
[2/19] 🧐 First and foremost, let us establish some fundamentals and address the question:
❓ Is "block" the proper term to use ❓

Yes & no, as @JoelKatz puts it:
"The transactions are stored in a series of ledgers, but an #XRPLedger contains everything a block contains.
. . .
[3/19] . . .

So because it’s a chain of ledgers, it’s also a chain of blocks."

The primary distinction between #Bitcoin and #XRPL is that the #XRPLedger utilizes an account model rather than a #UTXO model, thus the term "Ledger".

quora.com/XRP-is-not-a-b…
Read 22 tweets
(1/9) #Cryptocurrency #Exchanges enable trading coins for other #digital and conventional money. But how do they work?
A thread:🧵
Learn More 👇
medium.com/zignaly/llts-1… Image
(2/9) It's possible to purchase and sell a wide range of available #digitalcurrencies by signing up for an account on #cryptoexchanges. #Cryptocurrency exchanges are available 24 hours a day, seven days/week, unlike traditional exchanges, which have specific trading hours.♾️🏛️
(3/9) On cryptocurrency exchanges, #crypto can be converted into ordinary currency, held in your projections of #futuretrades, or withdrawn in cash, depending on whatever you prefer. 💵🔥
Read 9 tweets
(1/10) The hype and effusion of #crypto has been crazy in the past few years. There are still aspects that remain obscure to most people. We unroll the mysteries of crypto in this thread. 🧐🔮🧵

Learn More 👇
medium.com/zignaly/llts09…
(2/10) What is #cryptocurrency? ⚡
Cryptocurrency is a #decentralized #digitalasset that exists on the blockchain. 🌐 It is not controlled by any authority but solely belongs to its owner.

#Crypto being decentralized implies that it runs on a peer-to-peer relationship. 🤝
(3/10) There is no need for a third party to intervene in a #transaction; it is based on a peer-to-peer relationship.

The currencies are stored in virtual platforms called #digitalwallets. But why are #cryptocurrencies named like this? 🤔💱
Read 10 tweets
(1/10) Due to the high cost of spamming the #network, #Ethereum miners are compensated for the energy consumed in verifying #transactions.

But what exactly is this compensation fee? Learn more below ⛽️🧵
medium.com/zignaly/llts08…
(2/10) ⚡️What is ETH Gas Fee? ⚡️

Gas fees are an efficient way to encourage #miners to continue confirming transactions and maintaining network security.

They are still the most despised component of #Ethereum for every user. 💸🔒
(3/10) People despise gas taxes not simply because they dislike taxes in general but also because they can be exorbitantly expensive if the #network is overburdened. 💱💲
Read 10 tweets
(1/8) #Altcoins🟡 are any blockchain-based digital project tokens apart from #Bitcoin ₿. This thread focuses on types of altcoins and their functionality. 🦾🧵
Learn more at 👇
medium.com/zignaly/llts05… Image
(2/8) All Altcoins use the #blockchain as an unchangeable, #decentralized public database that only accepts and records a payment if there is widespread agreement that it is authentic. 📊✅
(3/8) Numerous #altcoins have built off Bitcoin’s original concept but with differing ends in mind or by fixing some perceived shortcomings of the original. 🖨
Read 8 tweets
Les médias n'en parleront pas par peur de représailles: L'anonymat sur la #blockchain existe.

La Blockchain au service de la Chine, l'arrestation d'un #developpeur open-source, #MNBC... tant de raisons pour vouloir sa vie privée aujourd'hui 🧥

Regardons comment l'acquérir 👇 Image
[0-32] Ce thread est dispo en version longue sur mon medium, si vous préférez une version blog rendez vous ici 👇

cesarioo.medium.com/%C3%AAtre-anon…
[1-32] La blockchain de Satoshi Nakamoto, inventeur du #Bitcoin, est pensée comme pseudonyme: tout le monde peut voir une adresse 0x 👓

Or, personne ne sait qui s’y cache physiquement tant que la personne n’est pas découverte 😉

C’est la magie de Bitcoin 💡
Read 36 tweets
📢#MiCA is complete!

The landmark #crypto regulation sets out uniform 🇪🇺 requirements for offerors of #cryptoassets and service providers (#CASPs) to apply for authorisation in the Single Market.

👀🧵for a full dive on #MiCA and what it means for the #cryptoindustry.

1/22
Even though a better agreement was close last week, 🇫🇷 vetoed it during the 🇪🇺 MS intervention period & raised concerns on USD-denominated #stablecoins used as a "means of #exchange", suggesting a return to their restriction when used for #settlement purposes ❗️

2/22
The compromise was to at least clarify that USD-#stablecoins used for spot #trading would NOT be captured.

The final text was approval by #COREPER yesterday and @EP_Economics will do it on 10/10. Final adoption by Ministers and the Parliament’s Plenary will be end of Oct.

3/22
Read 22 tweets
🚨 GET 15 AIRDROPS WITH ALMOST ZERO COST

- When I say zero cost it means the amount of money you still need to pay for the fees is less than 1% of the #airdrop you might get

- You probably have done these tasks before but its still gd idea to be a repeat user
#Alpha 🧵🕵️‍♂️⚡️🪂 Image
1/
- I strongly recommend not going for airdrop #farming and staying a genuine user, you don't wanna lose #airdrops for being flagged as a #hunter
- I suggest doing at least 2-3 #transactions on each product and keeping it +1K dollars, repeat the steps till you reach that amount
2/
- Most tasks are #Swaps and #Bridges so always changes the #network and even the #tokens you swap or bridge / The more network you do #transactions the better

- You can go from A to B then B to C .. C to D to the end OR A to C - C to F - F to B .... do it in random order✅
Read 14 tweets
Atomic swaps allow you to exchange or #swap tokens from different #blockchains in one #Trade with nearly zero #slippage.

Here’s how they work on SYNTHR ⬇️🧵
🟢User executes swap from #ETH to #WBTC on SynthSwap
🟢#DEX aggregator swaps ETH to syETH
🟢syETH is burned
🟢syBTC is swapped for WBTC on DEX aggregator
🟢User receives WBTC

These steps occur within one transaction from a user’s POV, & reduce #slippage costs by over 80%.
Our Atomic Swaps tech enables #DEXs and #Bridges to integrate with us, making SYNTHR a highly #composable protocol that serves utility to the wider #Crypto community; in this case, zero-to-low slippage swaps.
Read 5 tweets
🚨Things you need to know Before/After the Merge & BEWARE Replay Attacks? 🎯🕵️

The #Merge is less than 10 days away like it or NOT but What should we expect and do with our $ETH, Staking, and #NFTs

Let's explore the Myths/Risk and the Truth around it.

🚨🚀🍻 🧵⚡️🕵️
1/13
Before we start if you haven't checked my last thread 🧵about the forks and the potential #Airdrops that come with #merge make sure to check below :)
Your Like/RT/ comment and follow are highly appreciated. ❤️

2/13
The Merge is tentatively scheduled for September 15. The countdown to #Mainnet is based on a target #TTD of #58750000000000000000 💥

The merge is simply a change of consensus mechanism used to verify #transactions and secure the #network.
Read 14 tweets
#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:🧵👇
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.🚀✨

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.👑
Read 12 tweets
[LA THÉORIE DES JEUX APPLIQUÉE AUX #CRYPTOMONNAIES]

5min pour comprendre comment cette théorie permet à la blockchain #Bitcoin d’être l’un des réseaux les plus résistants au monde 👇
Peu connue du grand public, la théorie des jeux est pourtant l’un des éléments clés de la réussite de #Bitcoin

Issue des mathématiques, l’application de cette théorie permet notamment à la #blockchain Bitcoin d’être l'un des réseaux les plus sécurisés au monde aujourd’hui
👉L’histoire derrière la théorie des jeux

Les 1ères traces de recherches mathématiques remontent aux années 1920.

Elles seront ensuite reprises et développées en 1944 dans le papier “Theory of Games and Economic Behavior” écrit par Oskar Morgenstern et John Von Neumann
Read 23 tweets
While any #onlineshopping #Transactions can be intimidating, casino players can rest assured that if they play with a reputable virtual casino, their financial information will remain safe and secure, with the highest standard of business practices employed at all times.
b.cari.com.my/home.php?mod=s… There is a rumor circulating out there that gambling at online casinos is illegal, and this is a myth that might discourage people from getting involved in their favorite casino games online.While these rumors are in some way founded,
hub.docker.com/r/mposurga/slo… because of legalities surrounding the running and advertising of a website that accepts wagers; online casino players can rest assured that there are no legal issues with them gambling.

In order to fully understand online gambling laws,
Read 7 tweets
[#Thread] Ce soir, parlons #mining & #PlaytoEarn avec @MinesOfDalarnia

Désolé mon vieux @MiningTk, mais ici nous aurons juste besoin d'une pioche, de bottes ainsi qu'un peu d'oxygène pour parcourir le monde de Dalarnia.

Enfilez vos bottes, serrez votre ceinture, ça se passe ⬇️
Dans ce #PlaytoEarn d'action et d'aventure en 2D, vous incarnez un #mineur et devez le guider dans différents niveaux aléatoires.

Le but est de casser des #blocs de pierres afin d'extraire des minéraux de différentes raretés ainsi que des reliques et des artefacts rares.
Grâce aux différents minéraux collectés, vous allez pouvoir faire évoluer votre #personnage ainsi que son équipement.

Ainsi, plus votre équipement et votre personnage auront des attributs élevés, plus vous aurez la possibilité de #miner des #pierres rares.
Read 28 tweets
Daily Bookmarks to GAVNet 04/10/2021 greeneracresvaluenetwork.wordpress.com/2021/04/10/dai…
Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium (Dialogues of the Applied Complexity Network)

jasss.soc.surrey.ac.uk/24/2/reviews/3…

#ComplexityEconomics #SantaFeInstitute #proceedings #book
Read 10 tweets
Daily Bookmarks to GAVNet 02/14/2021 greeneracresvaluenetwork.wordpress.com/2021/02/14/dai…
Study identifies significance of atmospheric rivers for New Zealand

phys.org/news/2021-02-s…

#significance #rivers #NewZealand
Hospital Price Transparency Could Change The Face Of Medical Debt Collections, If Advocates Exploit It | Health Affairs

healthaffairs.org/do/10.1377/hbl…

#hospital #transparency #debt #medical #price
Read 10 tweets
Daily Bookmarks to GAVNet 11/07/2020 greeneracresvaluenetwork.wordpress.com/2020/11/07/dai…
Scientists work to shed light on Standard Model of particle physics

phys.org/news/2020-11-s…

#light #particle #physics
How US Presidential Elections Are Impacted By Geology

forbes.com/sites/davidbre…

#geology #elections
Read 8 tweets

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