April 6th, 2023: @Twitter has been randomly shutting down API access for many apps and sadly we were affected today too. Hopefully we will be restored soon! We appreciate your patience until then.
Concerned about your privacy and the increasing control large corporations have over your internet activity? If so, you're not alone. $ATOR (@atorprotocol) is a groundbreaking project that aims to revolutionize the way we think about internet privacy and freedom.
Time for a 🧵👇🏼
1️⃣ The Problem
We're experiencing a loss of privacy and freedom due to the prevalence of data, censorship, and the monetization of internet users' activity. The problem is that privacy and freedom have become a luxury, and relying on protocols administered by large corporations.
2️⃣ Current Solution
Tor is a protocol that encrypts and decrypts internet activity, providing privacy and confidentiality. It sends user requests through multiple servers to obscure their activity, making it impossible to track back to the user.
TOR has millions of users worldwide and is widely adopted as a tool for online privacy and security.
The larger issue is that open privacy protocols running on the existing internet framework cannot provide true privacy or censorship resistance.
3️⃣ Scaling Problem
Although Tor has been successful over the past two decades, its inherently decentralized nature does not provide the incentives necessary to create a network that can support all internet traffic.
With only 6000 live erays on average, a well organized intervention is needed for the already millions of users (2M + Tor users).
4️⃣ What is $ATOR?
@atorprotocol is a project that aims to make the Tor network more accessible to users by addressing two main challenges: adoption and provision. ATOR is building a router, a hardware "hotspot," that acts as a middleman between consumer devices and Tor.
Additionally, ATOR is providing incentives for people to run Tor relays by rewarding them with $ATOR tokens, which can also be used to purchase preconfigured relay hardware. The project aims to increase the number of Tor relays and make Tor more accessible to a wider audience.
5️⃣ Relays
Their aim is to build up Tor, through incentives for existing relays and an influx of new relays powered by their hardware, to the scale and resilience needed for mainstream adoption. Users will be able to acquire ATOR relays themselves to earn $ATOR.
6️⃣ Cryptographic techniques
$ATOR uses cryptographic techniques to ensure:
• Secure and private relay signup & recognition
• The ultimate goal is to create a self-sustaining ecosystem for the long-term growth of the Tor network.
@atorprotocol has dedicated itself to an exciting roadmap for the upcoming 2 years.
• Roadmap 2023:
✅ ATOR Router
⏳ Open Source Code (April)
⏳ ATOR dashboard (Q2)
⏳ Proof-of-Uptime (Q3)
⏳ First release of own router hardware (Q3)
• Roadmap 2024:
⏳ First release of own relay hardware (Q1)
⏳ Transition to longer term token incentives (Q2)
⏳ LoRa routers (Q2)
Current feasibility studies are in the works for the demand for and technicality of transition of the entire ATOR network over to LoRa, creating a parallel, decentralized internet entirely independent of ISPs.
🔟 Conclusion
In conclusion, @atorprotocol aims to address one of the most pressing issues of our time: the erosion of privacy and freedom on the internet, by developing a decentralized and incentivized protocol that is designed to be both private and censorship-resistant.
$ATOR is taking a bold step towards creating a truly open and free internet.
As more people become aware of the importance of online privacy and the need for a decentralized internet, it is likely that $ATOR will continue to gain momentum and support. #atorisprivacy#atornauts
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One of the main challenges facing blockchain adoption is the lack of interoperability. That's where @quant_network comes in. $QNT
is solving real world problems with blockchain technology.
Time for a 🧵👇🏼
1️⃣ What is $QNT?
@quant_network is a blockchain interoperability platform that aims to provide a secure and scalable solution for enterprises to build and connect their distributed systems.
The Overledger Network allows for seamless connectivity between different blockchains, as well as legacy systems. This is achieved through the use of a unique operating system that sits on top of existing blockchains, enabling cross-chain communication and interoperability.
With the downfall of centralized exchanges and the DEX to CEX Spot Trading Volume rapidly increasing, here are 4 DEXs that I think are worth it to try out.
Time for a 🧵👇🏼
1️⃣ $CHNG
@FinanceChainge is a full-fledged DeFi app that enables creation and trading of futures and options for all integrated assets. Powered by $FSN, the DEX aggregates liquidity across several chains at the same time.
@vela_exchange is a permissionless, self-custody driven perpetual and spot
exchange built with innovative blockchain architecture to ensure fast transactions, secure trading, and extensibility into additional synthetic options and derivatives.
In the next few weeks, @vela_exchange will begin wrapping up the $VELA Beta and start their journey towards the Official Mainnet Launch of the Vela perpetual trading platform.
Let's see what they have in store for us 🧵👇🏼
1️⃣ Accomplishments
✅ 60M+ VLP minted by traders
✅ $5B+ in volume
✅ $300k+ worth of VELA bought back
✅ 40k+ new traders
✅ New features including integration with Axelar, faster triggers and infrastructure, 3 new assets, and more
All of the above was achieved in less than two months of beta. It’s hard to not wonder what heights we will reach in a year with one of the strongest communities in DeFi. Credit to the Vela Fam members!
My 8 favorite projects that are focusing on interoperability.
Time for a 🧵👇🏼
1️⃣ $CHNG
@FinanceChainge is a full-fledged DeFi app that enables creation and trading of futures and options for all integrated assets. Powered by $FSN, the DEX aggregates liquidity across several chains at the same time.
@quant_network solves interoperability at a much wider scale, connecting legacy to DLT & vice versa. This is a very attractive solution to enterprises and governments for multiple sectors.
As @galileoprotocol seeks to revolutionise the luxury goods and real-world asset tokenisation landscape, they've showed their ambitions by releasing a roadmap all the way extending into. Curious what $LEOX seeks to accomplish?
Time for a 🧵👇🏼
1️⃣ Q2 2023
Launch the B2B tokenisation platform for luxury brands and enterprises, enabling easy creation and management of pNFTs for products.
⏳ Partnerships with major luxury brands
⏳ Partnerships with manufacturers
⏳ Pilot program
⏳ Comprehensive documentation
2️⃣ Q4 2023
Introduce the B2C platform, facilitating communication and interaction between enterprises and clients, along with advanced analytics and reporting tools.
⏳ User-friendly interface for clients
⏳ Secure messaging system
⏳ Data analysis tools
Another month surpassed for $VELA with a lot of accomplishments. I've compiled a list to look back at everything what @vela_exchange has accomplished last month.
Time for a 🧵👇🏼
1️⃣ Beta
The Beta has been packed with impressive accomplishments:
✅ 60M+ VLP minted
✅ $4B+ in Volume Generated
✅ $300K+ $VELA Bought Back
✅ 35K+ Traders Onboarded
✅ Axelar & Faster Triggers
⏳ Official Launch
⏳ Mind-blowing Enhancements
⏳ New Features
⏳ Infra Upgrades
2️⃣ Multichain Deposits
A game-changing feature powered by @axelarcore and @squidrouter. With Multichain Deposits, you can swap any token into $USDC on @vela_exchange in just one transaction, taking only 30 seconds or less.