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@avax Subnets are set for a game-changing transformation.

ACP-77 is here to revolutionize the landscape by removing the $AVAX staking requirement and ushering in a new era of flexibility.

Get ready for an ecosystem of interoperable, fully customizable & sovereign L1s. 🧵👇 @AvaxDevelopers @Avalanche_Space @AVAXDaily @John1wu @Ahnor_Block 2/
ACP-77 aims to democratize Subnet creation by lowering high entry barriers. Currently, hefty costs and regulatory challenges limit validator participation.

This update seeks to broaden access, integrating Real World Assets (RWA) into Avalanche.

https://twitter.com/avax/status/1800223044205703350

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Avalanche's Subnets offer a solution to the problem of limited blockspace & high transaction fees by allowing developers to launch their own independent blockchains with their own state and execution logic🚀

Here's a quick introduction to @Avax subnets🧵👇 2/
With Subnets, developers can launch their own blockchains to process transactions independently of the shared state of Avalanche's Primary Network.

This means more blockspace, lower transaction fees, & higher throughput - all without sacrificing security or decentralization🌐

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📣 We're thrilled to see that @LuganoPlanB has announced Plan ₿ Summer School 2023!

Join us in the beautiful City of Lugano🇨🇭 from July 2nd to July 15th to learn about #Bitcoin, P2P tech, coding & financial freedom

Let's find out more🧵👇 2/
🎓 The 2-week program is designed for students & professionals interested in understanding how Bitcoin & P2P technologies unleash financial freedom & freedom of speech

World-class experts will lead intensive sessions on topics like Stablecoins, Blockchain, Self-Custody & more

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The @Aptos_Network, has recently implemented AIP-17, which promises to significantly improve gas usage efficiency on the network🌐

Users can now expect to see a 100x improvement in execution gas usage, with 90% of transactions seeing at least a 10x improvement🚀
🧵👇 2/
With AIP-17, Aptos has separated out storage gas from execution gas, allowing for flat, absolute $APT pricing instead of scaling it to network activity📈

This decoupling of gas processes has resulted in more flexibility in gas design and significant fee savings for users.

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Recently, @NEARProtocol announced the launch of the first of-its-kind Blockchain Operating System (BOS)🔗

The operating system creates a shared layer for discovering & exploring open web resources, making it easier for users to navigate the decentralized web🌐
🧵👇 2/
What's truly groundbreaking about #Near Protocol's operating system is its interoperability🔄

It's compatible with any #blockchain or web2 backend, allowing users to seamlessly switch between different applications and chains without interruption.

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The staking industry has grown to a whopping ~$152 billion, with #Ethereum leading the charge with the recent shift to PoS consensus🌐
But what if we told you that stakers could do more than just earn revenue from validating Ethereum transactions?

Introducing @eigenlayer🧵👇 2/
EigenLayer is a "restaking" protocol that lets $ETH holders stake & earn higher returns by performing additional tasks beyond just validating transactions

According to its founder, @sreeramkannan, "it is an extension protocol that extends the scope of what #Ethereum can do"🚀

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The @NEARProtocol's unique architecture & it's phased upgrades are designed to enhance:

📈Scalability
🔐Security
🌐Decentralization

As the network continues to evolve, it will become more efficient & better equipped to handle the growing demands of #Dapps
🧵👇 2/
#NEAR uses a Thresholded Proof of Stake (PoS) consensus algorithm to execute transactions 📝
The network algorithmically sets a minimum validator participation threshold, where validators bid for participation👨‍💻️

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The @Cardano ecosystem is one of the most exciting ecosystems out there,
We take pride in being a leading validator & contributing towards the network's security🔐

Here's a short 🧵 to understand the networks consensus & #staking mechanism👇 2/
#Ouroboros is the Proof-of-Stake (#PoS) consensus mechanism used by the #Cardano #blockchain.

It allows users to delegate their $ADA to a stake pool operator and earn rewards while still maintaining ownership of their tokens💰

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Hey👋 @0xPolygon Fam💜

Yes, we are very excited for the #zkEVM final testnet before the mainnet😇

Looking forward to the space!

Here's a short thread for our community to brush up basics of #zkEVM 🧵👇

https://twitter.com/0xPolygonZK/status/1612830212588449793

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Polygon #zkEVM is a #decentralized @ethereum Layer 2 scalability solution that utilizes zero-knowledge technology to provide fast finality and validation of off-chain transactions 🚀