1/23 Dive into the @EspersCoin Blockchain: A Look into Secure Messaging, NFTs, Tokens and Website on the Chain ⬇️
2/23 The Espers Blockchain is a project that aims to offer secured messaging, websites on the chain, NFTs, Tokens, and an overall pleasing experience to the user.
3/23 Blockchain technology has the capability to change a variety of things in the world and can also be the backbone of a new internet.

Espers is trying to change that by creating website on the blockchain.

Yes, you read it right.
4/23 Espers is in final build phases of what they have coined the "Fractal" platform.

This platform is service layer that handles a infinitely layered network of dynamic side-chains and mini-chains.

Do they belong to the category 'the most scalable L1s'?

YES - they do.
5/23 Get ready for some tech tweets ⬇️

The Fractal platform provides the ability to host dynamic data in a very fast, scalable and decentralized manner using the X-Node system as its host layer and utilizing the mainnet as a verification system for launching NFTs, Tokens, etc.
6/23 By using the Fractal platform, Espers avoids bloat and mainnet net reliance beyond launch needs.

This platform can replace the need for servers, DNS hosting, and much more while offering a more robust solution than available today.
7/23 Espers Blockchain will keep sites extremely safe and will make them virtually impenetrable, which is creating a new standard for website safety and security.

Or that's the plan.
8/23 Espers Blockchain will also ensure that your website is never taken down or removed, no matter what (if the content is not illegal).

You will also have complete control of your data, and the sites will feature faster server times.
9/23 Espers has developed and created in-house the unique system of BVAC (Bits Visualized As Color) just for Espers and associated projects.

This offers the ability to store ANY data as a PNG or JPG, similarly to a QR code, with only three files being required.

Pretty cool, no?
10/23 Espers is developing the usability features: The secured messaging system, masternodes (intuitive node launching and monitoring), smooth sync patch, shrinking blockchain, light clients and much much more.
11/23 To achieve distributed consensus, Espers uses a hybrid of Proof of Work (PoW) and Proof of Stake (PoS).

Espers has designed from the ground up the Custom Difficulty Retarget Algorithm “VRX” for its use cases.
12/23 VRX is designed to integrate properly with the Velocity parameter enforcement system to ensure users no longer receive orphan blocks.

If you want to read more about VRX, I recommend this article:

blog.espers.io/what-is-espers…
13/23 Let's leave the tech side of things and jump to the crucial question - why should you care about Espers?

Espers is a unique and reliable blockchain platform with many features and benefits - as I described above.

But it is especially unique due to its ULTRA LOW MC for L1.
14/23 How low?

Well - that is hard to figure out to be honest. Both CMC & CG do not track $ESP's market cap.

But for the first time ever, I went to this site called CoinLore and they are tracking Espers ⬇️

coinlore.com/coin/espers
15/23 Here are the main stats ⬇️

Max supply: 50B $ESP
Circulating supply: 22.88B $ESP -> 45.8% circulating supply.
Market cap: ≈$1.1M
16/23 And here is the market cap evolution from the past year - as you can see, there isn't much volume ⬇️

For example, today there was 0 volume so far.

It's quite difficult to even buy $ESP. But what happens when this barrier is out of the equation?
17/23 The Risk/Reward ratio is here quite decent.

No one is talking about $ESP besides @MariusCrypt0 & CMC and CG are not tracking their market cap and it is quite complicated to even buy $ESP.

Am I advising you to invest in $ESP? No.

Should you check it out? Yes - but DYOR.
18/23 If you look at the market cap from even higher perspective, you might see the potential. It's a risky play, but for some of you degens out here, it might be a good pick for a potential 'moon play'.

I am personally not going to get involved.
19/23 What about Espers' history?

Espers' first announcement was on April 2016, the main developer and CEO is Jonathan Zaretsky aka @CriptoCoderz.

They have been out there for some time, but 2023 should be the year the big changes finally come.

'Should' is the keyword here.
20/23 If you want to read more, check out this thread from few days ago.

21/23 If you want to keep up with $ESP development, I suggest following these accounts & joining their Telegram:

- @EspersCoin
- @CryptoCoderz
- @BTMEN2016
- @uunigate
22/23 I hope you've found this thread helpful!

Follow me @CharlieXDeFi for more.

Like/Retweet the first tweet below if you can:
23/23 If you want to read more about another scalable L1s, consider checking out my previous thread on @Everscale_net $EVER ⬇️

Tomorrow I will look at @ENQ_enecuum $ENQ #Day19 (!)

Talk to you soon 🤝

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More from @CharlieXDeFi

Jan 30
1/24 What is @ENQ_enecuum?

Uncovering the scalability potential behind PoW, PoA, and PoS: Image
2/24 Enecuum was created to bring blockchain and cryptocurrencies to the mainstream by involving regular mobile and desktop device owners into the network.

With its unique features, Enecuum offers secure and scalable blockchain services and dApps. Image
3/24 Enecuum is solving the scalability issue faced by many L1s through its HyperDAG and sharding technology.

Cool, but what is HyperDAG, right? I had the same question.
Read 24 tweets
Jan 29
1/14 Do you find it hard to navigate through Arbitrum's DeFi ecosystem? Me too.

Let's take a look together ⬇️
2/14 Derivates are the #1 category in the Arbitrum's ecosystem - 48.3% dominance.

Why?

Primarily due to @GMX_IO and its huge success. As you can see, $GMX does not really have a competitor in this category (yet).
3/14 The #2 largest category are DEXes with 20.5% dominance.

3 biggest DEXs are of course $UNI, $SUSHI and $CRV.

Some smaller $ARBI native DEXs that you might want to check out are @CamelotDEX and @ShellProtocol.
Read 14 tweets
Jan 28
1/24 Maximizing Scalability: Exploring Everscale's Innovative Blockchain Network ⬇️ @Everscale_net $EVER Image
2/24 Everscale is a peer-to-peer multi-blockchain system that aims to provide a scalable decentralized world computer. It is based on a unique blockchain design that includes a distributed operating system called Ever OS.
3/24 Everscale uses Soft Majority Fault Tolerance (SMFT) Consensus for fast, secure, and scalable transactions. Blocks are approved by verifiers chosen at random from a set of validators, making it nearly impossible for malicious nodes to coordinate an attack. Image
Read 24 tweets
Jan 27
1/19 MultiVAC: Scaling Up Blockchain with All-Dimensional Sharding ⬇️ @MultiVAC_Global $MTV
2/19 Blockchain is facing some major challenges today, including a lack of real-world value and poor scalability.

MultiVAC is addressing these issues by creating a platform that enables large-scale commercial DApps to integrate seamlessly into the ecosystem.
3/19 Sharding is the key to scaling blockchain in a decentralized & secure manner - and MultiVAC is pioneering All-Dimensional Sharding.

MultiVAC's approach to sharding allows for flexibility in DApp development, giving developers the ability to choose tailored features.
Read 19 tweets
Jan 26
1/21 Introducing Partisia Blockchain: The Ultimate Solution to Add Privacy and Confidentiality to Blockchains ⬇️
2/21 Blockchains' lack of privacy is hindering their adoption.

The Partisia Blockchain project aims to address this issue by offering Zero-Knowledge (ZK) computations on-chain, off-chain, and across blockchains (inter-chain).
3/21 By using ZK computation, Partisia adds privacy and confidentiality to blockchains in a decentralised fashion with no single point of trust.

This approach is blockchain agnostic and focuses on interoperability while facilitating both privacy and transactions across chains.
Read 21 tweets
Jan 25
1/27 Unlocking Financial Agreements with @Ergo_Platform's Unique Contractual Money.

Here is how ⬇️ Image
2/27 Ergo is a next-gen Proof of Work smart contract platform that enables new financial interactions, underpinned by a safe and rich scripting language and flexible and powerful Zero-Knowledge proofs (Σ-protocols).

I will explain what Σ-protocols mean a bit later.
3/27 Ergo is self-amendable, allowing it to absorb new ideas and improve itself in the future.

Prioritizing useful features without compromising security & using a research-driven but practical development approach.

Ergo is all about functionality.

Read 27 tweets

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