Bill Laboon | Web3 Foundation

Vice President, Technical Operations at Web3 Foundation

[Parity Technologies @paritytech]

⚠️ Scam Alert: Fake Parity Wallet Website

We've been made aware of a fraudulent website, parity-wallet[.]com, impersonating Parity Technologies and offering potentially malicious wallet software downloads.

This website is not affiliated with Parity.
Do not visit the site, download any files or run software obtained from it.

Please stay vigilant and verify sources before downloading any software.

[Web3 Foundation @Web3foundation]

⚠️ Recruitment fraud warning

We've seen reports of scammers posing as recruiters for @Kusama, @Polkadot and the Web3 Foundation, asking applicants to pay for tests or assessments. In other cases, people are asked to download GitHub repos containing malicious code.

These are hoaxes.

Web3 Foundation does not charge people to apply for jobs. Polkadot and Kusama are decentralised networks, not employers.

Stay vigilant. Never pay to apply for a job, and be cautious before clicking on unsolicited links.

[Bill Laboon | Web3 Foundation @BillLaboon]

W3F has a new website!

[Web3 Foundation @Web3foundation]

The Web3 Foundation website has been refreshed 🧑‍🎨

It features a cleaner design, improved navigation, and a renewed focus on the ideas driving our work.

Take it for a test drive and let us know what you think → https://t.co/ymnYmzxaPo

[crypto.news @cryptodotnews]

JUST IN: Argentina’s National Technological University adds Polkadot blockchain training to its curriculum

Final-year engineering students at its Córdoba campus are studying Polkadot Blockchain Academy’s protocol engineering course this semester, bringing blockchain education to a university with 112,000+ students.

[Polkadot Devs @PolkadotDevs]

Did you know you can turn an old smartphone into an offline crypto signing device? 📱🔓

The @paritytech Signer introduced this approach to the @Polkadot ecosystem back in 2018, keeping private keys offline and signing transactions via QR codes.

Today, the project lives on as Polkadot Vault, developed and maintained by @NovasamaTech.

Find out more 👇

[Polkadot @Polkadot]

A new strategic direction for Polkadot has been proposed for the DOT DAO on OpenGov today.

It aims to align the DAO behind shared goals such as user adoption, dotUSD, the Polkadot Product Platform and more ...

Read the full proposal below.👇

[Bill Laboon | Web3 Foundation @BillLaboon]

This will send 8.5k USDT + 8.5k USDC each hour directly to the Polkadot Treasury.

[Bill Laboon | Web3 Foundation @BillLaboon]

Referendum 1953 on Polkadot has executed, which fixes a technical issue allowing an additional 1.68M USDT + 1.68M USDC to be sent to the Polkadot Treasury.

https://t.co/2w8caJoAjM

[Bill Laboon | Web3 Foundation @BillLaboon]

I have seen several reports of a scam where people are required to pay money to take a test to apply to work for Web3, Polkadot or Kusama.

These are all scams. W3F does not charge people to apply for a position, and Polkadot and Kusama are decentralized networks which cannot do this.

[Bill Laboon | Web3 Foundation @BillLaboon]

@jeromilll It's explained in the original tweet in that chain. These were all funds originally earmarked for the Treasury but due to technical issues did not automatically transfer.

See https://t.co/Dv3u5CcnVJ

[Bill Laboon | Web3 Foundation @BillLaboon]

The final 100k in stablecoins from Referendum 1501 have been moved to the Polkadot Treasury today, for a total of 4.06 million (evenly split USDT/USDC).

If Ref 1953 passes, that will bring over an additional 3.36 million in stables to the Treasury.

https://t.co/t3PHpeO78y

[Bill Laboon | Web3 Foundation @BillLaboon]

Another 870'000 stablecoins (435k USDT, 435k USDC) have been moved to the Polkadot Treasury.

Over the last few weeks, this clean-up procedure has moved slightly over 2 million USDC and 2 million USDT to the Polkadot Treasury.

https://t.co/YI7q88TmrX

[Bill Laboon | Web3 Foundation @BillLaboon]

@leeky_k_crypt https://t.co/FzEtwKwv38

[Bill Laboon | Web3 Foundation @BillLaboon]

Reminder that Polkadot consists of lots of different chains, and the chain that many people look at - the Relay Chain - by design does not have many transactions on it, as it coordinates the other chains.

The Polkadot ecosystem has around ~ 60 million transactions and ~ 180k active accounts per month.

https://t.co/e3ij07tKGj

[Polkadot @Polkadot]

dotUSD is live on Polkadot.

Today a handful of companies issue and control most of the world's stablecoins worth more than $250B.
Like banks, they decide who can hold them and who can’t.

dotUSD is based on a different premise. It has no issuing company and no single point of control.
The DOT DAO governs it through OpenGov.

Polkadot now has a stablecoin that belongs to its network.

[Web3 Foundation @Web3foundation]

How much does an ordinary day reveal about you?

From the 🇬🇧 to 🇦🇺, the media is paying attention.
Smart devices to everyday services, your personal data can tell a far bigger story than you realize.

🎙️ W3F's @BillLaboon spoke to ABC Radio Australia about the findings of our latest research.

[Bill Laboon | Web3 Foundation @BillLaboon]

Best I found so far is https://t.co/7zmIeCjFqa but it's not exactly what I'm looking for.

[Bill Laboon | Web3 Foundation @BillLaboon]

Has anyone done a detailed overview of this? The github repo is a bit too much for me, and I haven't found a good analysis other than the major news media high-level overviews.

[Andrew Curran @AndrewCurran_]

OpenAI's Math post is up!
https://t.co/zyC2AtPf2X

[Bill Laboon | Web3 Foundation @BillLaboon]

@Joshuwa https://t.co/FzEtwKx2SG

[Bill Laboon | Web3 Foundation @BillLaboon]

Reminder that Polkadot consists of lots of different chains, and the chain that many people look at - the Relay Chain - by design does not have many transactions on it, as it coordinates the other chains.

The Polkadot ecosystem has around ~ 60 million transactions and ~ 180k active accounts per month.

https://t.co/e3ij07tKGj

[Bill Laboon | Web3 Foundation @BillLaboon]

@CoinTalkX @chainspect_app The Chainspect numbers are misleading. By design, the Relay Chain coordinates other Polkadot chains and thus has minimal transactions. The actual number of transactions on Polkadot is orders of magnitude higher.

https://t.co/FzEtwKx2SG

[Bill Laboon | Web3 Foundation @BillLaboon]

Reminder that Polkadot consists of lots of different chains, and the chain that many people look at - the Relay Chain - by design does not have many transactions on it, as it coordinates the other chains.

The Polkadot ecosystem has around ~ 60 million transactions and ~ 180k active accounts per month.

https://t.co/e3ij07tKGj

[Bill Laboon | Web3 Foundation @BillLaboon]

@xcjeeper It should have automatically been moved over to the Treasury on an ongoing basis, but for several technical reasons (explained in the hackmd), it was not occurring automatically. These ahOps calls and Ref 1953 ( https://t.co/2w8caJoAjM ) are now moving these funds.

[Bill Laboon | Web3 Foundation @BillLaboon]

Another 870'000 stablecoins (435k USDT, 435k USDC) have been moved to the Polkadot Treasury.

Over the last few weeks, this clean-up procedure has moved slightly over 2 million USDC and 2 million USDT to the Polkadot Treasury.

https://t.co/YI7q88TmrX

[Bill Laboon | Web3 Foundation @BillLaboon]

The Polkadot Treasury cleanup continues -

1. 850'000 of stablecoins (USDT/USDC) have been moved to the Treasury today - https://t.co/hZg5G12xqt
2. If Ref 1953 passes, ~ 3'360'000 of stablecoins will be transferred to the Treasury. https://t.co/2w8caJp89k