Fun Fact: All Transactions Are Not Equal.
The founder of the DeSo Foundation,
@nadertheory, explains the difference between state-neutral transactions and state-augmenting transactions.
Essentially, a DeFi transaction vs. a social transaction.
https://t.co/l2EpaJuodI
#DESOInsights for DeSo user -https://t.co/gAvf6ynOv0
$DESO made: 34.39 $DESO ($1,661)
Gas fees: 0.1246 $DESO ($6)
Txns.: 12,502
Account age: 312 days
Follow @OpenProsper, @desoprotocol, & @salilsethi for #deso insights
@nadertheory It would help if you focused on these three things. When innovative products get into the hands and heart of a strong community, your vision becomes a reality.
1. Community
2. Product
3. Vision
Diversity and culture are all that matter.
The DAO fork triggered successfully today!
DAOs and NFTs v2 are available on https://t.co/tQFACH0tMJ right now. On-chain group chats too.
But just a prototype UI-- DeSo Devs, it's time to build!
Exchanges, yield farming, income-generating NFTs with zero gas-- sky's the limit!
DeSo v2.0.0 is here! Couldn't be more proud of the core team for this massive achievement.
DAO Coins, first-of-its-kind on-chain encrypted+unencrypted group chats, Buy-Now NFTs, NFT royalty splits, and much more
Fork triggers 1/24. What'll you build? :)
https://t.co/nn9lsbmf8w
We are hosting a webinar on Why Web3 Matters, featuring Roneil Rumburg, Co-Founder and CEO of Audius, and Nader Al-Naji, Head of the DeSo Foundation.
When: Tuesday (1/18) at 9:00am PST
Register here: https://t.co/TPxa1CtMJn
@roneil @AudiusProject @nadertheory@desoprotocol
This argument seems to hold for proof of work chains, but not for PoS chains.
With fast PoS chains like avalanche, solana, deso, time to finality is <.5 seconds. Means risk of reversion is virtually zero if you just wait a few seconds.
Smart services solve it regardless though.
When to decentralize:
* Trustlessness is vital
* Censorship-resistance is vital
* Developer network effect can be built
= Decentralize assets and content (tokens+nfts, posts+follows+etc...)
= Centralize computation (smart services over smart contracts)
https://t.co/nAIqutpDcZ