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Dagnum P.I. Profile picture
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Dec 27 • 6 tweets • 2 min read
Crypto ⛏️ 🧵
Expensive ASIC miners are not good for cryptocurrency because they centralize the mining process and make it less accessible to a wider range of people. cointelegraph.com/news/bitcoin-a…
It is revolutionary for crypto that @Constellation's consensus can be run from any mobile device. This allows for a much broader and more decentralized distribution of nodes, as virtually anyone with a smartphone can participate in the network.
This is a significant advancement over traditional blockchain networks, which often require specialized hardware and a dedicated internet connection in order to run a node.
The ability to run a node on a mobile device also makes it much easier for individuals to become involved in the Constellation network and to contribute to its security and stability.
This, in turn, helps to increase the overall resilience of the network and reduces the risk of centralization.
The fact that Constellation's consensus can be run from any mobile device is a significant step forward for crypto and has the potential to greatly increase the accessibility and decentralization of blockchain technology.

$DAG #nodes 🚀

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More from @Dagnum_PI

Dagnum P.I. Profile picture
Dec 27
Evolution of Smart Contracts:
Ethereum was first proposed in 2013 by Vitalik Buterin, who wanted to leverage blockchain technology to develop decentralized applications.
The Ethereum ecosystem was officially announced in 2014, with Buterin, Gavin Wood, and Jeffrey Wilcke as primary core developers. Wood published the Ethereum Yellow Paper in 2014, which provided a detailed definition and specification of the Ethereum ecosystem, including the
Ethereum Virtual Machine (EVM) and smart contracts. Ethereum launched on July 30, 2015, and its initial coin offering (ICO) raised more than $18 million. Ethereum has faced several challenges and controversies, including hacking incidents and scalability issues, and has
Read 9 tweets
Dagnum P.I. Profile picture
Dec 27
DTM 🧵

How is the @Conste11ation $DAG DTM valuable? Location-based foot traffic metadata can be valuable for a number of reasons.

Here are a few examples👇

1) Marketing: By understanding where people are going and how often they visit certain locations,
businesses can better target their marketing efforts and improve the effectiveness of their campaigns.
2) Retail planning: Foot traffic data can be used to inform retail planning decisions, such as where to open new stores or how to allocate resources within existing stores.
Read 7 tweets
Dagnum P.I. Profile picture
Dec 26
#smartcity 🧵
Why does a smart city need a digital twin?

Digital twins are digital replicas of physical environments that capture real-time data and use it to accurately predict future events.
fastcompanyme.com/technology/why…
They can be used in urban planning to run simulations of new policies or infrastructure projects in the virtual world and preview their impacts. Digital twins can also improve the management of energy, waste, safety and security, mobility, and infrastructure.
TONOMUS, the company enabling NEOM to build the world's first cognitive city in Saudi Arabia, has invested $1 billion in 2022 in developing an infrastructure of hyper-connected, autonomous solutions that includes digital twin technology.
Read 6 tweets
Dagnum P.I. Profile picture
Dec 26
#AI 🧵
Everyone is talking about artificial intelligence now because of #ChatGPT

@Conste11ation $DAG microservices (State Channels) and Proof of Reputable Observation (PRO) are the perfect place for these systems

Why?
Constellation can potentially provide a more secure and
resilient infrastructure for AI systems to operate on, as they are less vulnerable to single points of failure or centralized control. They may also offer greater scalability and flexibility for AI systems.
They can leverage the resources of multiple nodes in a network rather than relying on a single, centralized resource. Additionally, the use of State Channels as microservices in Constellation could potentially enable more complex, automated processes for training and deploying
Read 12 tweets
Dagnum P.I. Profile picture
Dec 26
$ETV 🧵
Bullish outlook for @EnterTheVoidNFT NFGP in 2023:

The dApp industry has seen a 50% year-on-year increase in daily unique active wallets (dUAW) in 2022, according to a report from blockchain data and analytics firm DappRadar.
The increase can be attributed to increased acceptance among consumers and businesses, as well as increased investor interest. Blockchain gaming and non-fungible tokens (NFTs) have played a significant role in the growth of the dApp industry, accounting for 49% of all dApp
activity and seeing a 33% increase in daily dUAW, respectively. However, the trading volume for NFTs only increased by 0.41% compared to the previous year. Despite a 73% drop in total value locked, the decentralized finance (DeFi) sector saw a 2% increase in daily dUAW.
Read 7 tweets
Dagnum P.I. Profile picture
Dec 26
1/4
 Current layer 1 networks, which rely on a single global validator set and centrally defined data schema, and which depend on third-party oracle networks to incorporate off-chain data into consensus processes, are not sustainable in the long term.
2/4
 By using state channels as data oracles, @Conste11ation $DAG aims to remove the need for external oracle networks and instead provide a secure and efficient way to bring external data onto the blockchain.
3/4
 This could potentially improve the scalability, efficiency, and security of decentralized applications (dApps) that rely on external data sources.
Read 4 tweets

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