Gridz

Machina Finance is a decentralized order based exchange for the Ergo Blockchain, the focus is off chain bots to optimize volume, trading, and arbitrage.

[Gridz @MachinaFinance]

The beauty of the eUTxO model is that it allows the creation of truly decentralized systems by composing small self-contained pieces into something bigger and more complex. @Ergo_Platform

[Gridz @MachinaFinance]

What is a decentralized application?

Everything else, we can just call a blockchain service.@ergo_platform

[Armeanio @Armeanio]

I am still determining why that assumption is mainly lost on the application level. Still, the ideal decentralized application is just an extension that can be run locally with a node.

That is all. @ergo_platform

[Armeanio @Armeanio]

Anyway, a shoutout to all the devs in the crypto space who build things I can host locally.

Offering liveness beyond central project-hosted infrastructure is the way.

It always has been and always will be. @ergo_platform

[Armeanio @Armeanio]

Local transparent assumptions are always ideal.

That is mainly lost in marketing narratives these days.

The shift towards Trust Us Bro is on the rise.

Need to trend back towards local power. Local hosting, empowering network peers. @ergo_platform

[Armeanio @Armeanio]

@ergo_platform Some will never get there... but actual self-sovereign banks with a small barrier to entry and an easy learning curve are a goal.

I have always imagined having a full node with user-friendly extensions offering a variety of tooling to be an ideal outcome for local operators.

[Armeanio @Armeanio]

A hackathon to increase the functionality, documentation, and tutorials around running locally hosted tradebots would be interesting.

There has been a narrative around being your own bank in crypto, but a lot of functionality is still needed to have a full suite. @ergo_platform

[Gridz @MachinaFinance]

@ErgoMinnow Her guess is as good as mine.

[Gridz @MachinaFinance]

Ergo is one of the only communities openly discussing market making, censorship resistance, open block production, and education around risks and trust assumptions.

Be an active peer vs trust the team, bro.

This is what decentralization should be.
@ergo_platform

[Ergo @ergo_platform]

🔔 Ergo Weekly Developer Update!

@qx_ergo chats about LITHOS with @armeanio and @CheeseEnth

https://t.co/93iaWl1C9A

As always, updates are from core and community devs:
- @RosenBridge_erg
- @LithosProtocol
- @Sigmanauts
- @chepurnoy
- @CyberVerse_io
and more!

#Ergo

[Gridz @MachinaFinance]

If we are supposed to be building better financial systems.

Right?

[Gridz @MachinaFinance]

Imagine if someone recommended you sign a financial contract off-chain without the chance to read it...

This is why we promote open source.

I don't care if it is a wallet, a Dapp, or anything else.

If you can't understand this, reread the first sentence. @ergo_platform
.

[Splash @splashprotocol]

No more guessing❌

Know when, why, and how your order was executed from start to finish.

All open-source - full transparency🫡

[Gridz @MachinaFinance]

@ergo_platform The logic is that a project paid a dev to build it.

That is the same off-chain logic as saying we paid our lawyers to draft and audit a legal contract.

I will never understand this.

If you do, let me send you something, sign it, I will fill in the rest later.

[Gridz @MachinaFinance]

@joshuamarkking @hodl_pepe @ergo_platform Everything we build is open source. @ergo_platform

Ergomatic a generic off-chain execution framework for Ergo bots

Ergo Platform GraphQL Server

Nautilus Wallet for Ergo

Ergsnap Ergo Blockchain Metamask plugin.

Machina Finance P2P DeFi
https://t.co/BjVWQW5WXJ

[Gridz @MachinaFinance]

@joshuamarkking @hodl_pepe @ergo_platform Yes in part.

[Gridz @MachinaFinance]

@Justin_Bons Do you run a Solana validator or full node?

Is this the support you speak of?

[Gridz @MachinaFinance]

Sign of the times.

@ergo_platform

[Make it a quote @MakeItAQuote]

@gabscrypto @armeanio

[Gridz @MachinaFinance]

@Justin_Bons @SlowestTimelord Do you run a Solana validator or full node?

Peer or a participant?

[Gridz @MachinaFinance]

The real question is, how many Solana users here are running a validator or a full node without a subsidy from the foundation?

Where are the real network peers?

This should be a clear assumption.

Hello, my name is :
A participant defending my bags

[Ergo @ergo_platform]

Meet Naomi, who was recently provided a loan from the GoodThings DAO here on #Ergo utilizing the @ErgoLend framework.

This loan provided funds to expand her retail business with 0% interest through a cooperative in Kenya.

Crypto with IRL application, that's Ergo...

[Gridz @MachinaFinance]

@hodl_pepe @ergo_platform Hopefully, one day, we see an entire ecosystem of locally hosted off-chain bots that can deploy multiple application/function-specific packages.

Work in progress.

[Gridz @MachinaFinance]

@stevemalexander @ErgoMinnow You had to bring someone's mom into this.

Looks like it just got personal lol.