Since everyone is posting 2022 predictions, here are the topics I am interested in:
1. Abstraction @LayerZero_Labs
2. Composability @cosmos
3. Modularization @CelestiaOrg
4. Derivatives @01_protocol
5. Sharding @NEARProtocol
At a min you should know these definitions👇
1. Abstraction @LayerZero_Labs
2. Composability @cosmos
3. Modularization @CelestiaOrg
4. Derivatives @01_protocol
5. Sharding @NEARProtocol
At a min you should know these definitions👇
Abstraction: The process of removing physical, spatial, or temporal details or attributes in the study of objects or systems to focus attention on details of greater importance
TLDR: Removing complexity providing only essential information
TLDR: Removing complexity providing only essential information
Case Study 1: @LayerZero_Labs 
LayerZero cont'd
Thx to @PrimordialAA and @JustinCBram
Whitepaper: dropbox.com/s/dm8zqpr04sib…
Video:
Thx to @PrimordialAA and @JustinCBram
Whitepaper: dropbox.com/s/dm8zqpr04sib…
Video:
Composability
Inter-relationships of components, a highly composable system provides components that can be selected and assembled in combinations to satisfy specific requirements
ie
A composable system is made up of separate parts that can talk / interoperate with each other
Inter-relationships of components, a highly composable system provides components that can be selected and assembled in combinations to satisfy specific requirements
ie
A composable system is made up of separate parts that can talk / interoperate with each other
Modularization: Dividing system into modules that are interchangeable - flexible enough to make different configurations, while reducing the number of building blocks
Compose mainly about cross-chain / cross-app communication
Mod. is more about the tech stack itself @musalbas
Compose mainly about cross-chain / cross-app communication
Mod. is more about the tech stack itself @musalbas
Case 3: Modularization- @CelestiaOrg
https://twitter.com/analyticalali/status/1475251261947584513?s=20
Derivatives: A securitized contract whose value is dependent upon one or more underlying assets. Its price is determined by fluctuations in that asset.
2022 will be a big year for innovative Derivative type solutions that hit the market
2022 will be a big year for innovative Derivative type solutions that hit the market
Case 4: @01_protocol building:
> Everlasting Options
> Yield Bearing Deposits
> Decentralized Orderbook
> Cross-Collateral
> Cross-Margin
> Everlasting Options
> Yield Bearing Deposits
> Decentralized Orderbook
> Cross-Collateral
> Cross-Margin
Sharding: Sharding is the process of splitting a database horizontally to spread the load, it will reduce network congestion and increase transactions per second by creating new chains, known as “shards”.
Case 5: @NEARProtocol
NEAR's Nightshade Sharding, allows it to scale linearly with the number of shards, thereby having the ability to satisfy the demand for transactions as more and more users start to use NEAR. It prepares NEAR for mass consumer adoption of billions of users.
NEAR's Nightshade Sharding, allows it to scale linearly with the number of shards, thereby having the ability to satisfy the demand for transactions as more and more users start to use NEAR. It prepares NEAR for mass consumer adoption of billions of users.
https://twitter.com/analyticalali/status/1475346966615711744?s=20
Pay attention to the usage metrics around Near. There is no better predictor of success than Data.
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