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@beemdvp Yeah I’ve noticed a tonne of trading bots etc in swap activity while looking into on-chain activity too, surprised there’s not more trading activity tbh, manifests are a superpower…
@beemdvp Just looks like validation to me 🤷
They also left good ideas for what a standardised model could look like in a potential selfi api ;)
The 0 sum game is at the L1 level, not necessarily between dapps/infra on those L1s.
Keep building, not worried at all 👌
Digital identity is the next major catalyst for Web3/DeFi growth. Radix already provides the tools needed to do Web3 identity right.
Discover how the combination of digital assets & digital identity is the key to unlocking the next wave of DeFi growth.
https://t.co/wCPL7I4jqV
6 MONTH BABYLON.
FROM 0 TO 30+ LIVE DAPPS.
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RADIX $XRD.
High-level visualisation of the @radixdlt network infrastructure, as I understand it so far.
There doesn’t seem to be a good overview in the #radix documentation, would love to get community feedback on my current take.
Long 4+ hour #cassie test just finished!
Processed 2M+ transactions with sustained loads between 300-600 tps. Single shard. Majority of the validators were community. I had 10 of the ~30.
No major issues, few minor things to tweak & investigate😎
#radix $xrd #crypto
$2M+ lost due to another approval-related vulnerability!
To minimize these risks in the future and regain the trust of their users i can only encourage #Unizen to start looking into other L1 protocols, that are not based on the fundamentally flawed #EVM
Check out @radixdlt $XRD
@ohigornunes Great point, for sure, 4337 doesn't completely solve the problem of intuitive and safe asset ownership as accounts still don't "own" their assets.
And Ethereum is still a few years away from an enshrined answer to this problem
The #radix ecosystem is super compelling because it looks like it's 5 years ahead of the ethereum ecosystem:
- Smart Accounts
- Sharding
- Native Asset Models
- Formal Intents (Transaction Abstraction) with transaction manifests
- (Alleged) Linear Scaling (Need to do a deep dive into this one)
- Etc
Question is, will it gain adoption before the EF and other EF aligned startups solve these issues with initiatives like Account Abstraction etc?
Thinking forward Radix has most, if not all of of the building blocks ready "today" for future Ethereum initiatives like a 'Decentralised Solver Architecture for Executing Intents'.
This could allow for insane order flow efficiency and healthy MeV on the radix network compared to other chains if enough dApps and protocols are built. And it's problems like these that me and @maugzeth are really interested at looking into on the Radix network @PiersRidyard@lu5st.
Question is can @radixdlt onboard enough user/dev activity and liquidity before lots of Ethereum Foundation verticals solve these problems one at a time to completion?
@PiersRidyard Deffo a face melter, me and @maugzeth realised this months ago and immediately dived into building pieces of infra and creating new supply-chain actors not even possible on Ethereum yet.