The story of xMoney: Internet scale payments
Fiat payments, crypto payments, and stablecoins.
A great conversation with @xMoneyGreg and @lucianmincu.
Full episode dropping tomorrow 🔥
Full Shard Podcast: Episode 8 - One-Shot Finality
🔥 Absolute masterclass from @lucianmincu & @AdrianDobrita on the paradigm shift enabled by the upcoming MultiversX protocol upgrades.
Sub-second finality, next-gen improvements and a wild new architecture. This is how you scale web3 and hit escape velocity.
“We have the first working version of state sharding. What Ethereum wanted to be, we actually built and deployed it four years ago.”
Great pod conversation w/ Mia dropping soon. 🎙️
Full Shard: Ep 7 - The Intelligent Wallet
@markoflux, @bposytive & @sergiubiris pull back the curtains on xPortal.
Strategy shifts, secret weapons for app growth, new token and further cross-chain expansion.
Full breakdown alongside @beniaminmincu & @lucianmincu.
00:00 - Sergiu's background
14:42 - Marko's story
27:10 - Lucian's POV
33:36 - Mohit's perspective
39:29 - The secret sauce
57:34 - Distribution & numbers
1:02:33 - xPortal's vision
1:29:48 - Token & the future
Introducing @Tyga and his single, "Ooweee"!
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⚫️ "Taste" – 9× Platinum
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Our Next MFT Airdrop
With 15.7 BILLION streams across all platforms and 6 BILLION YouTube views, we're proud to announce that @Tyga - Oowee is now live! 🔥
📅 Airdrop date coming soon. Stay tuned!
➡️ https://t.co/r9hVtV4qMv
9/15) EGLD is the most technically advanced chain out of these
As its full implementation of sharding, makes it the most scalable chain in the world
Max scalability with max decentralization!
However, it is slower than non-sharded chains, this is the major trade-off for now
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Let's cut through the BS with hard facts: 🧵
ETH= 119 TPS with 50k+ nodes
SOL= 10k+ TPS with 1.4k nodes
ADA= 18 TPS with 2k nodes
SUI= 10k+ TPS with 100 nodes
NEAR= 100k+ TPS with 238 nodes
APT= 10k+ TPS with 151 nodes
ALGO= 10k+ TPS with 1.5k nodes
EGLD= 100k+ TPS with 3k nodes
(TPS = Capacity) (Nodes = Decentralization)
Capacity/Decentralization = Scalability!
This is all of course a gross oversimplification, as there are far more metrics to take into account & many more devils in the details. However, these are still incredibly important metrics on their own & should not be underestimated!
Methodology:
When it comes to the number of nodes I was specifically referring to native-delegated & solo validators (block producers). I did make an exception with Rocket Pool, EtherFi & others in ETH's case as these do achieve a form of trustless delegation equivalent to native delegation. I did however reduce these numbers significantly again to reflect the positive skew due to ETH having a maximum ETH limit per validator
When it comes to TPS; I was specifically referring to the Max Theoretical Transaction Per Second for basic 1 to 1 value transfers
I also rounded the TPS figures down to the extreme, SOL is really capable of 20k+ & EGLD of 200k+ for instance. But for simplicity's sake, I put them into general categories. So chains utilizing parallelization are in the 10k+ TPS range & chains utilizing sharding are in the 100K+ TPS range (this is assuming more shards can be deployed to meet demand in the latter case)
For any chain that does not deploy advanced on-chain scaling techniques, I give an exact TPS figure, as there are hard limits that can be easily calculated like in ETH (gas limit) & ADA (block size limit) respectively
My Picks, Deal With It:
Instead of strictly following market capitalization as I usually do for such lists & following specific rules for inclusion. I just included whatever I wanted to...
Because I will be accused of being a paid shill no matter what I do at this point while also facing extreme toxicity for telling everyone about these basic truths
That is why I only included what I thought was interesting & whatever happened to fit within the X-character limit, as most people do not read the body of the text, only the start
However, I did exclude modular chains & non-smart contract-capable chains if that makes you feel better. It is also highly likely that some of you will still think it is a grand conspiracy against your obscure chain because the tech is just so good... The tribalism, cope & delusion have become so ridiculous for some
Honorable Mentions:
I usually exclude ALGO from such lists due to the issue with its centralized relay nodes, but considering they are very close to fixing that issue, I thought I could make an exception here... As I decided to be less "strict" when making such lists. If you all hate this new approach let me know!
Another important metric I excluded here was speed, as that is currently the big trade-off with the parallelized chains in the 10k+ range & the sharded chains in the 100k+ range (sharded chains are slower)
You might also notice there is very little correlation between the number of nodes & TPS. That is because many aspects of the blockchain trilemma have been effectively solved & the trade-offs in the design space are focusing more on other metrics now. The economic & consensus design ends up having a far greater impact on node counts for instance, at least compared to the total capacity of these chains
Conclusion:
Shoutout to ETH for having the most nodes & EGLD for having the highest capacity! 🏆
I can also give your chain a shout in the comments by quoting the TPS & validator figures as a reply, if they are something to be proud of, I will be happy to help promote it!
We should all strive to increase these figures & praise those who push the boundaries of innovation. The goal is to maximize freedom (decentralization) for as many people as possible (scalability)
As cryptocurrency is useless without capacity & pointless without decentralization! 🔥
RG x CARV 🤝
Revolving Games is delighted to announce its strategic partnership with @carv_official.
To showcase the mutual conviction in each other’s visions, CARV will be acquiring $500k worth of $CARV (0.06% of the total $CARV allocation) in Scout Nodes in our upcoming Public Node Sale.
Mass adoption begins with seamless on-chain interactions that are invisible to both Web2 and Web3 users; this is where CARV-ID comes into play.
By integrating CARV-ID, we can give gamers control over their digital identity, blending their Web2 and Web3 experiences into one unified profile.
Think 'True Ownership,' 'Enhanced Privacy and Security,' 'Unified Identity,' 'Credential Showcasing,' and 'Interoperability,' all baked into our scalable-by-design gaming ecosystem.
CARV-ID perfectly complements @RcadeNetwork's Node Network, reducing reliance on centralized services and redefining the game-gamer relationship.
Every node brings us closer to a fully decentralized gaming ecosystem where network contribution and digital ownership empower players like never before.
Power the games you love to play, own your ID, and contribute to the future of gaming.
This is gaming, this is Revolving Games.