The new Chia proof of space is very bullish. When I got into Chia, I believed this could be the tech that could finally rival Bitcoin. The Chia team has delivered a stable L1 since the launch in spring of 2021.
Friendly reminder
🌎Decentralization matters
⛓️permissionless networks matter
🔒Chia's proof of space has remained secure, despite some leverage gained with extra computing over the last two years.
While the spotlight is on AI, at some point again soon Bitcoin energy consumption will be scrutinized.
The circular economy story is real, and Chia has the ability to absorb an absolutely insane amount of storage capacity and, in turn, network security as hyperscalers adopt circular business models. Here is some research we just published on the storage market.
Cheers farmers! 🌱
https://t.co/ZphWSxrpLX
SpireKey solves a fundamental UX problem in crypto - secure key management that doesn't compromise on decentralization. Infrastructure that works.
Thanks to #BlockchainLife2024 for having us.
An introduction to @kadena_io: Key features explained
🔹Kadena is a Layer 1 Proof-of-Work (PoW) enterprise blockchain offering scalable, developer-friendly hybrid solutions.
🔸Chainweb employs sharding and braiding methodologies to enhance scalability.
$KDA
The world's biggest financial institutions like BlackRock see tokenization and RWA as the next major mechanisms in finance, and we're positioned to lead the way.
Here’s how we’re delivering on the promise of a well-designed blockchain ⬇️
Chainweb Technology by @kadena_io
1/ Blockchain scalability and security are two of the biggest challenges facing the crypto industry. How can we achieve fast, cheap, and reliable transactions without compromising on decentralization and trustlessness? $KDA #Kadena
2/ Chainweb by @kadena_io is a novel solution that addresses these challenges. It is a network of interconnected blockchains that operate in parallel and communicate with each other. Each chain is a Bitcoin-like proof-of-work chain that follows the same rules and protocol. #Chainweb
3/ The chains are connected by a graph structure that determines how they interact. Each chain periodically sends a hash of its state to its neighboring chains, creating a web of cross-chain proofs. This ensures that the chains are synchronized and consistent.
4/ The graph structure also determines the difficulty and reward of each chain. The more connections a chain has, the harder it is to mine and the higher the reward. This creates a dynamic and balanced system that adapts to the network conditions and demand.
5/ Chainweb achieves unprecedented scalability and security by leveraging the power of parallelism and proof-of-work. It can process thousands of transactions per second, while maintaining the same level of security as Bitcoin. It is also resistant to 51% attacks and forks.
6/ Chainweb is not just a theoretical concept. It is a fully functional and live network that supports smart contracts, tokens, and dApps. It is powered by Pact, a simple and expressive programming language that enables anyone to write and deploy code on Chainweb.
7/ Chainweb is the future of blockchain. It is a scalable, secure, and interoperable network that can support any use case and application. It is a web of ropes that is stronger than a single rope. It is Chainweb by Kadena.
@bensimpsonau@Hivemapper Couldn’t agree more - I’ve been in it since testing phase and was absolutely inspired by the application of blockchain to revolutionise the distribution of work based rewards for a mapping project. Holding high hopes on this one
We have a free Hivemapper Dashcam to give away, as we want to help somebody get going with Hivemapper to help map the world.
Simply repost this.
https://t.co/nUwtsTnfJt
We’re thrilled to announce the first transactions of tokenized carbon assets reflected in the @CAD_Trust led by the Carbon Opportunities Fund and Sumitomo Corporation of Americas!
Read more on this milestone for carbon markets: https://t.co/iqDzGtS1xH 1/2
We are about to find out how solvent #Binance is. They've survived a few bank runs this year, while some U.S. banks haven't. Regardless, not your keys, not your #crypto. Be safe frens 😘
#Kadena's public blockchain, #Chainweb, is the only sharded and scalable #layer1#PoW network in production today. It utilizes a PoW #(ProofofWork) consensus mechanism that improves throughput & scalability without sacrificing security.
@Kadena_io ➡️ https://t.co/R9bSqIDmG4