K1

Ceo of @dashagh_dao

This is the secret of life:
Bend as a willow tree and resist as an oak tree .
It is flexibility yet being strong…

[boom.fun @boomdotfun]

Why did we choose to change our tech strategy from being an Ethereum L2 to a modular L1?

Let’s start at the beginning - when launching your own chain you’re usually looking at two factors - speed and security. You want to process user transactions as fast as possible and provide a great UX, but on the flip side you want user funds to be secure from bad actors.

We also decided we want to collaborate with the best in the industry on setting up our infrastructure, that’s why we picked @gelatonetwork as our partners, who, among others, are building @inkonchain - @krakenfx L2 chain. This allowed us to apply our collective knowledge to setting up DegenLayer to be the global leader in chain performance.

Initially we decided to use the Optimism Layer 2 framework, which would settle on Ethereum. We weren’t very happy with the performance aspects of it - 2 second block times make transactions lengthy compared to Solana, and 2,000 maximum TPS is also not an impressive value. This would not result in a seamless experience.

Although this solution would produce a competent chain, we decided we want to strive for greatness, we want to be the true Solana killer. And we want to provide the best UX in the industry with transactions being confirmed in the blink of an eye.

Luckily our friends at @gelatonetwork have devised an alternative solution with their @celestia backed @abundance_xyz blockchain architecture. And here things got very interesting. This stack can deliver 200ms block times, which gives you nearly instant transaction confirmation times. As a result our users will have a better experience than on Solana. On top of that we’re implementing a seamless gas sponsorship mechanism which will allow our users to transact without the need to worry if they have some of our gas token or not - things will “magically just work”. Imagine a world where you bridge 100 USDT to a new chain and immediately use it to buy a memecoin, without worrying if you have some SOL, ETH or DELAY on your wallet to cover the gas fees.

This tech stack gives us the capability to deliver the best user experience in web3, so after careful consideration of all the factors we decided to utilize it for DegenLayer.

So why is it called a modular L1?

In blockchains there are 4 major layers which need to be implemented:

* Execution Layer: Handles the execution of transactions and ensures that only valid transactions are processed.
* Settlement Layer: Provides an environment for execution layers to verify proofs, resolve fraud disputes, and bridge between other execution layers.
* Consensus Layer: Responsible for achieving consensus on the order of transactions.
* Data Availability Layer: Ensures that transaction data is available and can be accessed by network participants.

Ethereum was designed to be a monolithic blockchain, handling all these layers on their chain. A modular blockchain is one that delegates one or more layers to a different app or solution.

In our case we’re leveraging Celestia for Consensus & Data Availability and Settlement & Execution is handled by @abundance_xyz. That’s why DegenLayer will be a modular blockchain. And since we’re not outsourcing our settlement layer to any blockchain, but handling it on our stack, we’re a Layer 1.

Oh, but do you lose access to all the Ethereum liquidity?

Comes out that 80% of assets on L2s such as Blast come from bridges, so we don’t lose anything since any asset can be easily bridged to our chain.

What about security?

Are we trading off security when moving from Ethereum to Celestia? Not that much.

There are two aspects to blockchain security - immutability and verifiability. Immutability refers to how difficult it is to reorganize a blockchain, and verifiability means how easy it is to verify that a block in the chain is valid. Ethereum is ahead on immutability, but Celestia is ahead on verifiability, since you can verify the blockchain using far less resources than are needed for Ethereum, so we improve here.

In the end our main goal is the perfect web3 UX, while providing asset security, and our platform is ready to deliver both.

[K1 @K198623461]

@DegenLayer بده ۶۶۶
69

[Mo.usa @0xMousa_]

Ok Im starting again 30 sols to 3k sols challenge
Wont share wallet cause ppl will fud my jeeting I will share at the end of challenge and u can see in my calls
I did the challenge times and both was successful going for third one
And maybe do a 2 eths to 200 eths challenge LFG

[crypto hunter @ryoshis666]

shared $CATE eca in my privates and also on 50k hit 47m ath
930x from 50k and more xs from eca
0xa00453052A36D43A99Ac1ca145DFe4A952cA33B8

[Pavel Durov @durov]

9 years ago I defended the private data of Ukrainians from the Russian government — and lost my company and my home. I would do it again without hesitation. https://t.co/GUFCjbqDc5

[Mo.usa @0xMousa_]

$ski about to start big move

$chomp pumped
$benji pumped
$brett at 2b

Remeber every chain has atleast 2 dogs that did bilions
Iykyk
#ski

[K1 @K198623461]

@MuskUniverseUsa 3452839

[K1 @K198623461]

@0xMousa_ ♥️♥️

[Chainlink @chainlink]

#Chainlink SCALE partner @Celo has integrated Chainlink CCIP as its canonical cross-chain infrastructure.

See how Chainlink is accelerating innovation across Celo’s blockchain ecosystem: https://t.co/slyak7E118

[Mo.usa @0xMousa_]

B5WTLaRwaUQpKk7ir1wniNB6m5o8GgMrimhKMYan2R6B

125x on $pepe lfg send it higher
Mo szn started
1000 sol challege is about to be done 😝

[Mo.usa @0xMousa_]

0x289ff00235d2b98b0145ff5d4435d3e92f9540a6
Aped this $booe

https://t.co/eknk0rVwIG
Check this wallet he pumped pepecoin with aping 1000 eths on #pepecoin (1b ath)and pumped it and added tons of eths to #basedai lp 400m ath
This wallet aped earlier and many of top holders of $booe are whale on pepecoin and based ai

Dyor

[zkHive @zkHive]

$ZKHIVE HiveBot new adopter - $CYPHER 🐝

We're happy to announce that $CYPHER has integrated #HiveBot Anti-Virus into their community - @Cypher_erc

Every new partnership and every new adoption are increasing the Hive's exposure, and soon they'll start generating revenue for $ZKHIVE!

The revenue will be used to buy $ZKHIVE and burn it, making the token deflationary with a strong buying pressure.

🐝🫸

[Einstein 👑 @EinsteinBTC1]

I picked up a big bag of @Cypher_erc yesterday which I later called on here so let me tell you a little more of what their about 👇

In a world where privacy is a precious commodity, Cypher offers peace of mind. Embrace the power of invisibility, and safeguard what matters most with Cypher. Your digital secrets deserve nothing less.

▫️Introducing Cypher : Safeguarding Your Digital Secrets with Stealth Encryption
In an age where digital privacy is paramount, a new utility project emerges as a beacon of security: CYPHER. This innovative tool empowers users to encrypt their personal information within image, audio, or video files, offering a new level of protection for sensitive data.

▫️Why Cypher? Empowering Your Digital Privacy Journey
Cypher continues to redefine digital privacy with its comprehensive suite of encryption tools and user-centric approach. From securing passwords to safeguarding private messages and information, Cypher is the guardian of your digital secrets.

▫️How Does Cypher Work?
Cypher operates on a simple yet robust principle: hiding in plain sight. Here’s how it works:
🔸Encryption
🔸Security Layers
🔸Decryption

▫️Tokenomics:
CA:
0x8110af6bd2af3f5c4586032ff813c8934451abbe

Total Supply: 100.00M

▫️Applications of Cypher: Protecting Your Valuables
🔸Secure Storage of Seed Phrases and Private Keys
🔸Private Messaging
🔸Confidential Information

▫️RoadMap:
Q2 Updates: Enhancing Functionality & Accessibility
Q3 Updates: Expanding Reach & Revenue Opportunities

Website: https://t.co/vJT3A8IT2h

Telegram: https://t.co/zsbuf4ulVh

X: https://t.co/ZQmZDAItD8

[Mo.usa @0xMousa_]

Another find by @Dashagh_DAO
Called $DAWN at launch 30k mc and it hit 2.4m means 80x from my call
A 100x per a week in the channel not bad😬
Join here if u want : https://t.co/tdkyjXTSEV
#ERC404 #erc404nft #eth #100xGems
#MemecoinSeason2024

[Mo.usa @0xMousa_]

Again and again @Dashagh_DAO find a gem early
#ETH IS BACK
And daddy vitalik tweeted
我们一起学猫叫，一起喵喵喵喵喵

Called at 150k now 4m
Next $ZUZALU COOKING
Join if u want : https://t.co/tdkyjXTSEV
#vb #memecoins #1000xgem
ننم جانی کن بده بره

[Uncle Bob Crypto @unclebobcrypto]

Mess with the $HONK, and you get the $BONK

It's GOOSE SEASON on $SOL! 🪿

Now 400K mc

Snooze you lose rules apply!

Website: https://t.co/00FmQzmSn5

TG: https://t.co/SfFqmKoST7

X (Twitter): https://t.co/Lg1SYeErCV

Chart: https://t.co/quDI8s32LK

[Elon Musk @elonmusk]

Review of SpaceX achievements in 2023 and plans for 2024+