Mechanism

⚙️ Building cool stuff

[stacks.btc @Stacks]

Using #Bitcoin to create a truly decentralized stablecoin? 👀

Join @jefftoshi & @heynky from @MechanismHQ, @rcm____, together with regular guests @br_ttany @Muneeb @PatrickWStanley & host @kyleellicott for today's Twitter Spaces 🗣

👇 Set a reminder 👇
https://t.co/bRoOREfqka

[hank.btc @heynky]

At @MechanismHQ we've been noodling on a novel idea: Building a stablecoin using Bitcoin's difficulty as a trustless oracle.

By using difficulty (aka Hash Rate), we can measure the "purchasing power" of Bitcoin without being tied to any fiat currency.

https://t.co/pHyVTQRoYx

[stacks.btc @Stacks]

🚨 PoX-lite Upgrades 🚨

Set a reminder for Thursday's spaces where we will discuss PoXL proportional mining rewards and other updates 💡 together with @jefftoshi @heynky @BowTiedMooneeb @whoabuddydev @MattySTX and our regular guests! 🚀

⏰ 5PM EST ⏰
https://t.co/S3NlHt93a0

[hank.btc @heynky]

Our latest at @mechanismHQ - an idea for improving proof-of-transfer-lite (PoXL).

tl;dr: shifting from “winner takes all” mining to proportional rewards should increase miner participation, which benefits projects as a whole.

https://t.co/dluJcWOcc7

[stacks.btc @Stacks]

🗣️ Discussing PoX-lite 🗣️

Join @jefftoshi @heynky @mrkmcknz @TO @jamilbtc & @kyleellicott tomorrow 10 AM (EST) for a Twitter space where they will discuss the design, economics, and technical details 💡 🔈

Check out @jefftoshi thread on PoX-lite🧵
https://t.co/Kyo0UtxBeo

[Mechanism @MechanismHQ]

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[Mechanism @MechanismHQ]

Time to build at Mechanism ⚙️

[Mechanism @MechanismHQ]

Hello world 👋
https://t.co/GP4CXGQ2xv