CRAKO Profile picture
Feb 10 6 tweets 2 min read
Bitcoin whales are paying more than 10 BTC, for this “BITCOIN PUNK”. WHAT???

👉Ordinals is a new project aimed at enabling Bitcoin-native NFTs 🤨

#BitcoinPunks #BitcoinOrdinals Image
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🧵The Ordinal protocol assigns an ordinal number to each satoshi, the smallest unit of a Bitcoin, allowing for the creation and transfer of inscriptions - individual satoshis with added content.
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⛓The NFTs are on-chain, meaning the data is stored directly on the blockchain, making them unique and more secure. They are linked to individual satoshis, rather than having their own token, creating a connection with the underlying asset, Bitcoin.
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However, this connection can be challenging to maintain, but the Ordinal system uses a shared numbering system to maintain continuity for NFTs.
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👉The integration of NFTs on the Bitcoin blockchain has caused some controversy, with some people concerned that it will negatively impact the financial and transactional use case of Bitcoin, while others believe it will bring more fees and use cases to the chain.
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📈The project leader, Casey Rodarmor, responds to criticism with arguments that the full blocks are part of the security model of Bitcoin and that blocks must be full in order for Bitcoin to be secure.

What do you think? I'm scared, because the downside can be a disaster.

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More from @crako01

Feb 9
✋Are you ready to LOSE YOUR MONEY in crypto? Hold on! First, let's understand why some crypto companies FAIL.

👉Here are the 6 crucial elements you need to evaluate before putting your money on the line. This elements can determine the success or failure of a project:
1/
1️⃣Are they Solving a Real Problem?
2️⃣Have they a Clear Vision?
3️⃣Poor Execution?
4️⃣No Product Market Fit
5️⃣Inexperienced Teams
5️⃣Bad Tokenomics

Let’s start with the first one: 1️⃣Are they solving a real problem?
2/
💰For a successful crypto company, solving a real market issue with practical solutions is key to attracting and retaining users.

By prioritising meeting market needs through innovation, the company can become a leader in the industry.
Read 20 tweets
Feb 1
🚨The Definitive Guide to Constellation Network🚨

$DAG is building the infrastructure that will enable businesses and individuals to transact and conduct commerce in Web3.

In this 🧵thread I will tell you everything you need to know, in a friendly way. Image
1/
👉Let’s Start:
The world is becoming more and more data-driven, with vast amounts of information being generated and stored every day.

This has led to increased demand for reliable, secure and efficient data management systems.
2/
The traditional centralized systems, however, are struggling to keep up with the growing data volumes and are also vulnerable to cyber attacks, data breaches and government surveillance. 🔮This is where the Constellation Network $DAG comes in.
Read 27 tweets
Dec 8, 2022
1/
🚨AllianceBlock Nodes & Staking!

A friendly guide to Nodes and Staking in the AllianceBlock ecosystem.

Let’s start this 🧵thread by answering one simple question: Can retail investors delegate their $ALBT to a node and receive rewards? Image
2/
The short answer is YES! But we will know more about it in the coming weeks/months.

So what we know about the Nodes and Staking?
3/
They chose the Delegated PoS consensus model, which requires regulated and transparent entities to meet certain rules and regulations in order to become a node.

In the $ALBT ecosystem the token is used as an economic incentive and not to secure the network (like ETH PoS).
Read 14 tweets
Dec 1, 2022
1/
The true story about @allianceblock , LSEG (London Stock Exchange) and Refinitiv.

In this 🧵 thread, I'm going to reveal the entire Masterplan.

We have said on numerous occasions that the $ALBT is going to disrupt a $100 trillion securities market.
2/
But what does this mean and how will they do it?

There is a rumor in the space that $ALBT could operate as an informal spin-off of the LSEG.

Honestly, I don't know whether it's true or not, but often rumours become a part of reality.
3/
In this thread, we will try to discover what are the reasons behind it. We will highlight the connections between $ALBT LSEG and Refinitiv.

Let’s start! What is the LSEG:
Read 27 tweets
Nov 20, 2022
1/

🚨Kaspa is the hottest Layer 1 that has gained traction and popularity in the crypto community.

People are comparing $KAS to Bitcoin saying that is a game changer protocol.

Do you believe it? In this 🧵thread we will figure it out: is the hype real or just crap?
2/
Let’s start answering the first question, so you can cool down and enjoy what I wrote :)

YES, $KAS is a game changer protocol, but to understand it perfectly I need to give you a little bit of context.
3/
Since the future cannot be understood without knowing the past, back in 2009 the Bitcoin Protocol was far from perfect.

When more people started paying attention to the Bitcoin network, transaction demands started to skyrocket.
Read 47 tweets
Nov 4, 2022
🚨 If you want to get rich in the next bull market choose the projects that in this bear market are building.

This is a 🧵thread on $DUA token the first project launching on FUNDRS the token sales platform built by $ALBT DUA Token
I'm going to explain how it works and what problems are trying to solve, plus PROS and CONS. Let’s start:

🍿If you have no idea what FUNDRS is, you can find two videos in my YT.

Before I start, I should say that "NOTHING IS STRONGER THAN COMMUNITY POWERS".
📣To me, a community can be defined as a UNIFIED BODY OF INDIVIDUALLs. They share common interests and common problems.

Many philosophers describe it as a social unit and over the past twenty years we have seen many communities built on the World Wide Web.
Read 22 tweets

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