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lex
#Bitcoin, censorship-resistance, privacy, self-sovereignty. All tweets are auto deleted whenever I feel like it.
Jan 5, 2022 20 tweets 10 min read
@POKTnetwork is a crucial piece of Web3 infrastructure, finally starting to get a glimpse of recognition it deserves.

We have spent a couple of months crunching its blockchain and this thread is a tl;dr of the tens of gigabytes of data.

$POKT

🧵 [1/19] First, what is Pocket?

Pocket is the TCP/IP of RPC infrastructure.

Imagine Infura but decentralized, with 100% uptime, and supporting every blockchain or L1/L2 network you can think of.

[2/19]
Jan 13, 2021 5 tweets 2 min read
Let's talk about $ESD and $DSD coupons.

$DSD coupons is something to behold with two waves of expirations: epoch 721-749 and 756-767.

Up to epoch 767 there are 78m coupons to expire which represent 53m DSD with a 45% premium.

There are also 4m more coupons after epoch 767. $ESD looks much worse as there still are only 8.4m coupons to expire negligibly reducing the supply.

However, there is also EIP-16 in the works which will make coupon principals unburnable.

This will make ESD coupons more attractive, theoretically reducing the supply greatly.