Introducing the ORE Media archive.
For the ORE historians, the curious newcomers, and everyone in between.
Interviews, announcements, community research, articles, and videos from across the ORE ecosystem, dating back to April 2024.
Browse here: https://t.co/vgLYZpGDql
@tulipking@pokerchessman@lesabrefomo@bw_solana Solana canโt. A single ore user with a copy of solana state, really just the ore state, can create a hard fork at any time and continue ore from the moment of the โrugโ.
ultimately one of the main points of this revenue is to build up a reserve of complementary assets (gold, usd, staked sol...) that can be used to buy back ORE
you can think of it as a set of limit orders that buy back ORE and bury it during downturns
the endgame is for the Reserve to have enough buying power to absorb the sellable supply at a defined minimum price before it is depleted
once it reaches and sustains that point, ORE's appeal as a savings asset becomes stronger, because holders have a floor against which to assess their downside risk
if thereโs one metric to track right now itโs the growth rate of this Reserve
the Reserve however, is only half the story. if building it up is defence, then the offence lies in establishing a long-term monetary premium
ore's potential for a monetary premium is strong, thanks (in part) to its fair launch, slow initial distribution, credible long-term scarcity, and growing mining participation (particularly from non-professionals)
to see this clearly you also have to see why it makes sense for something like ore to exist in the SoV design space (read this essay for my longer form thoughts here: https://t.co/vL23lUnqXz)
in sum, continuing to establish this monetary premium is the primary objective. the Reserve just preserves some of the capital generated along the way (in effect turning activity during the bull into buying power during the bear)
naturally, offence and defence here are intertwined, in the sense that this buying power also reinforces ORE's memetics and appeal as a long term SoV
๐ฅ The debate over crypto as money is stronger than ever this cycle, with ZEC the latest to join the conversation.
While most werenโt originally designed as money, @ORE on Solana was built for that purpose from day one ๐
Alpenglow is live. A fitting milestone to revisit ORE's role in Solana's early scaling challenges.
In April 2024, demand for ORE mining flooded Solana with activity, leaving users struggling to get transactions through. @HardhatChad recalls how those events helped kick off the push for greater bandwidth and lower latency.
Two and a half years later, 150 ms finality is here. IBRL.