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Mar 29 β€’ 3 tweets β€’ 1 min read
MEGA Thread #Thorchain: Fundamental and DeFi plays.

The decentralized & autonomous cross chain liquidity network set to πŸš€ this year.

A thread πŸ§΅πŸ‘‡
A Quick Overview on $RUNE history if you're unfamiliar.

β€’ Started as a small project at the Binance hackathon in 2018

β€’ Waited a period of time for the technology to be built to create a fully functioning cross chain.

β€’ Raised a small seed round of just over $2M by 2019.
It is likely we will live in a multi chain world.

Swapping assets between different blockchains, otherwise known as "cross chain" is the key focus for $RUNE.

$wBTC, $renBTC, $tBTC, $sBTC --faces tradeoffs in the custody and security aspects.

β€’ β€’ β€’

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More from @Crypto8Fi

Mar 30
If you are invested in crypto...

These are the best reads on Twitter by some of the most intelligent minds, so far in the week.

A thread πŸ§΅πŸ‘‡
1. @VitalikButerin on what could have been for Ethereum.

Source
vitalik.ca/general/2022/0…
Read 14 tweets
Mar 30
If you want to know what's happening on blockchains...

These are valuable things to know:
Read 11 tweets
Mar 30
Some digestible mid-week thoughts:

Listed below:
1. Has DeFi got potential?

Source
doseofdefi.substack.com/p/has-defi-inn…
2. Owning your information on Twitter.

Source
0xrusowsky.substack.com/p/own-your-ate…
Read 8 tweets
Mar 29
If you are unfamiliar with "Liquidity Pools".

Liquidity providers lock two assets in a pool

Traders who want to swap the assets pay a small fee to the providers, and assets are swapped.

An article here by @binance going into more depth:

academy.binance.com/en/articles/wh…
The core of #Thorchain protocol is built from Tendermint and Cosmos SDK

This allowed Thorchain to create its own blockchain with its own consensus and network layer without having to build it from scratch.
Tendermint allows Thorchain to reach consensus even if 1/3 of all the nodes start to fail.

Thorchain nodes need to work together to record transactions coming from blockchains.

Nodes that want to verify transactions operate under Proof-of-Stake concepts, staking $RUNE tokens.
Read 17 tweets
Mar 28
MEGA Thread #Terra : Programmable money for the future of the internet.

If you have never heard of $LUNA or only seen its' strong price action, here's everything you need to know about $UST and $LUNA as a beginner.

A thread πŸ§΅πŸ‘‡
Every single day, someone new learns about cryptocurrency.

There is more migration to social media platforms like Twitter.

Too often, #LUNAtics discuss advanced concepts that newbies can't understand.

I will attempt to break down this information in an easily digestible way.
1. #Terra is a Layer 1 blockchain and a payments-focused financial ecosystem powered by scalable algorithmic #stablecoins.

Its native token, $LUNA, is the world’s 9th largest cryptocurrency, with a market capitalization of $35.2 billion.
Read 17 tweets

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