Bananu.iota Profile picture
Feb 8 13 tweets 10 min read
1/n
I think we all agree that #IOTA / IF is doing great stuff but let's not underestimate the role of #Firefly on this journey. They've got so many great things in the pipeline🤯
Just listened to the 7th episode of @MoonacoPodcast with @c_varley . I'll try my best to summarize...
@MoonacoPodcast @c_varley 2/n
* Voting mechanism out of Firefly:
this mechanism will be used further than deceiding what to do with the unclaimed tokens from the beginnings of IOTA. But in a way where u can't simply buy bags of MIOTA, vote for ur option and than sell & leave. The longer u stay at your...
@MoonacoPodcast @c_varley 3/n
... choice, the more weight does ur vote gain whereas switching ur opionion will continously decrease ur votes weight.
* Different coins in Firefly:
Firefly will (almost obviously) support #ASMB and #SMR and there will be additional "staking" opportunities shortly after...
@MoonacoPodcast @c_varley 4/n
... the current period.
* Firefly web extension:
This will work different than MM as u dont have this standalone wallet in the browser which holds all ur valuable data (including seeds in a way if I got that right). The way firefly handles this in a securer way seems so ...
@MoonacoPodcast @c_varley 5/n
... easy and almost obvious: the web extension EXTENDS the firefly wallet so that only the transaction confirmation will be submitted and there is no direct connection from ur browser to ur firefly so the browser never gets to see ur seed in any way!
@MoonacoPodcast @c_varley 6/n
*Mobile firefly wallet:
Not so many usecases for that rn but who knows what this will look like after IOTA rocked #EBSI 👀
*NFT functions:
Firefly will have some functionality for displaying NFTs (like the new upcoming NFT project #ShimmerSheep from @pxdg3) and this will...
@MoonacoPodcast @c_varley 7/n
... go beyond displaying some static pics. Charlie compared it to sort of mediaplayer capable of the full spectrum of NFTs (audio, video, images) and also a nice NFT based feature: some kind of NFT approval where u can't be bombarded with NFT drops bc u have to "accept" ...
@MoonacoPodcast @c_varley 8/n
... an NFT in the way that u gotta confrm them before they simply pop up in ur wallet and u have to take action to manually clean out ur gallery by selling them for not popping up in ur gallery anymore.
Well uhm... in the time I "summarized" this u could have listened to ...
@MoonacoPodcast @c_varley 9/n
... at least half the episode xD
I rly reccomend this episode in particular bc firefly didn't get the attention it deserved (at least by me I have to admit).
Thanks to @MoonacoPodcast and @c_varley and the whole firefly team for this great insight and ur!
#iotaStrong🦾🤖 bEEp
@MoonacoPodcast @c_varley 10/10
after so many posts it won't matter if I post the link to the episode now^^

Have fun 🙌
open.spotify.com/episode/08xuXS…
@MoonacoPodcast @c_varley (10/10) + 1
Sorry for the bumpy read... just realized their is a chain-tweet-funtion 🤦‍♂️
If I happen to spam like this again, I will do it in a more non-tangle way. Promise✌️😆
i don't wanna embezzle other NFT projects here like @iotabots, @RustyRobotCC & many others but they use the IOTA EVM via MM and ShimmerSheep is the first I heard of explictely using the Shimmer network. Besides the upcoming #Shimmer jerseys ofc.
Any plans yet @don_marcello ?😉
@MoonacoPodcast @c_varley * and ur effort!

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