How Zero-Knowledge Technology is Shaping the Next Blockchain Era
And Why Mina Protocol is at the Forefront of That Revolution
A Conversation with @bkase_; The CEO of @o1_labs
.@HelloTelos, in collaboration with @InputOutputHK, unveils the SNARKtor #whitepaper, a decentralized protocol for scaling SNARKs verification in blockchains.
It highlights zk-SNARK tech's role in enhancing efficiency & security for diverse applications, promising significant advancements for developers and mainstream #blockchain adoption. 🧵
ADA is going to absolutely explode because:
DexHunter and TapTools provide one of the best trading experiences in crypto.
Minswap and Spectrum providing scaling and fast batching for trades.
New-gen DEXes such as Axo and Splash provide extreme capital efficiency.
Simple yet beautiful synthetic asset protocols such as Indigo and Butane.
Fixed Rate markets with Optim Finance and Danago.
A massive conglomeration of lending protocols such as LenFi, Levvy, and more.
Various forms of stablecoins such as DJED, iUSD, cUSD, myUSD and more.
Rosen Bridge assets such as USDT, USDC, and more:
Powerful real solutions such as World Mobile and Iagon.
Strong media competitors such as NEWM and Book IO.
Various AI narrative products such as AGIX and NTX.
Strong communities across the board, including one of the largest grassroots memecoins SNEK.
And not to forgot our most valuable asset. The eUTXO model and the principles of development on ADA.
ADA is about decentralization and security.
I, for one, believe those to be the most important things in the true vision of decentralizing finance.
Revolutionizing #blockchain@satoshivm with ZK EVM and ZK Rollup tech for enhanced #Bitcoin network security and efficiency.
$SVM Token is crucial. Surged 5000% since Jan 18, now stabilizing. 🗳 Empowers with governance.
⚠️ Beware of scams.
https://t.co/GwdDuYH48M
My favorite part of yesterday's @Lightspeedpodhq episode is right here. It's sad to see Ethereum not focusing on the L1. In fact, Zk and L2 tech (whenever it's needed) would greatly benefit from a cheap fast L1.
As an industry we need to be GIGA focused on the L1.
Imagine the following:
You're a man who serves as Chairman of the Board of a large University who led the search for the recently hired president.
Your wife runs a non-profit in the DEI space. She is the only full-time employee of the organization, serving as Founder, CEO, and CFO. You serve as Treasurer.
The non-profit ostensibly sells two principal products in the DEI space:
1. "Evidence-based 'how-to-guides' and
2. "The most comprehensive intersectional analytics platform of its kind..."
but the non-profit has no revenues.
It relies entirely on contributions to fund its operations, which principally consist of your wife's salary and some other ancillary overhead.
There have been only two contributors to the non-profit, the University whose board you chair, which has contributed:
2018 $100,000
2019 $300,000
2020 $150,000
2021 $600,000
2022 $789,000
and a donor advised fund (DAF) affiliated with you which has contributed:
2018 $0
2019 $0
2020 $0
2021 $10,000
2022 $20,000
Doesn't this seem very strange?
What if the University was @MIT?
What if the Chairman was Mark Gorenberg?
What if the non-profit is https://t.co/6XEtf7DgO4?
Why are there so many conflicts/scandals concerning DEI organizations?
All of the above can be found in MIT's and https://t.co/4dOX2C32hc's IRS Form 990s which are available and summarized here:
https://t.co/a7T7aOd0cM
We love to see more cross-ecosystem collaborations 🖖
After the integration of Ouroboros Praos in #Polkadot's BABE protocol [1], now Substrate integration in #Cardano's #PartnerChains framework [2] 👏
Let's build the Internet of blockchains and onboard the world 🚀
[1] https://t.co/97QIBc5i1o
[2] https://t.co/L2hJTW7K7e
Community collaboration for the greater good! Love to see @IOHK_Charles and @Polkadot joining forces w @MidnightNtwrk
All boats rise with the tide!
Let’s gooooooo!
1/ Cardano will use Substrate, the foundation of the Polkadot SDK, to build out its “partner chain” project — showcasing Substrate's potential to expand across Web3, and its ease of use for other chains and ecosystems 🛠️
1/ Cardano will use Substrate, the foundation of the Polkadot SDK, to build out its “partner chain” project — showcasing Substrate's potential to expand across Web3, and its ease of use for other chains and ecosystems 🛠️