@Letstalkparsiq@zspeccc $ICP combines the best of $LINK, $ETH and $FIL. It's got smart contracts, it can directly interact with other chains (through chainkeys) or any Internet database (through http calls), and it provides decentralised cloud storage for dapps.
While almost all messaging services have experienced outages today due to AWS issues, OpenChat has continued to run smoothly because it runs end to end on the #InternetComputer
Give it a try at https://t.co/lRdXKEVQiC
#CHAT#ICP
@RossJJenkinson@grok@trevormfisher@Mayur_0_@IsraelinUK Palestine refers to a region in this instance. It's like saying "in Eastern Europe" or "in the Midwest". The British mandate of Palestine covered what is now Jordan, Israel, and the Palestinian Territories.
@St1t3h@NTmoney There is a restriction on the amount of new ETH issued per year. There's just no total supply cap, but there is an annual cap. People need to understand this.
@nicrypto Sounds like a bottom signal. But seriously, the modularity of Ethereum is its killer feature for institutions. Plus, the Proof-of-Work energy FUD is sure to come back as more institutions get involved. I'm expecting ETH to surprise us all.
Communities often spring up around crypto protocols, but what is it that keeps people coming back? @josey_beetx is trying to find out!
https://t.co/NsmXkiRBC6
$ETH $OP $BEETS $BAL $CDX @Optimism@beets_fi@Balancer
@Austen you can have two thoughts at once
1. โLLMs are an amazing technology and they can do a lot of cool thingsโ
2. โA lot of people are over hyping a cool piece of tech to make a quick buckโ
0/ Exploring the world of onchain art, a guest thread by @lukeweaver_eth
โThe greatest artists of the 21st century wonโt make paintings, theyโll make programs.โ
Today, weโre highlighting artists and projects that are only possible on Ethereum
๐งต๐
Why the U.S. Needs an Ethereum-Centric Strategic Crypto Reserve
-Ethereum is the ultimate expression of free speech, capitalism, and free markets. Itโs a permissionless network that lets anyone create assets and applications, transact, and exchange information with complete freedom. It embodies the American spirit into it's design and network.
-Ethereumโs unique dynamic issuance model automatically adjusts subsidies based on network fees, ensuring sustainable security without relying on BTC's fixed issuance schedules that will very likely jeopardize the network's security in the future. It is critical to point out that 99% of BTC's miner's revenue is financed by issuing new coins
while BTC's fee generation capabilities have regressed over the years - this is not sustainable.
-No protocol-level taxes or artificial price floors, just a pure free-market approach.
-A scaling framework that allows Ethereum to ossify its base layer while evolving via Layer 2 rollups, driven entirely by market forces. Real-world adoption can scale organically on L2s.
-Ethereum holds the vast majority of real-world tokenized assets and it is the most dominant network by a large margin for USD stablecoins. USD stablecoins reinforce dollar dominance and positions Ethereum as the critical choice for a strategic reserve that is aligned with national interests.
-Ethereumโs native staking mechanism provides a consistent, on-chain yield, enabling the USA government to earn passive revenue while securing the network and reinforcing Americaโs economic interests.
-Industry leaders Coinbase, Kraken, Sony, Samsung, Deutsche Bank are all building on Ethereumโs rollup-centric model. This deepens Ethereumโs network effects, proving itโs the most resilient chain for real-world applications.
-Ethereum's L2s also offer customizable fee markets, it incentivizes competition and participants autonomy to upgrading execution technology, it allows for easier regulatory compliance, and provides a monetization framework that can be used to provide services like fraud protection and customer support, key for global-scale adoption, something monolithic L1s canโt match.
-Looking at the distribution of validators vs. Bitcoinโs miner concentration highlights Ethereumโs deeper decentralization. A handful of BTC mining pools can command the majority of hashrate, while ETH staking is more widely dispersed among thousands of validators, with no single entity exceeding a third of total stake.
-An American Strategic Ethereum Reserve is not just prudent, itโs essential for preserving national security, economic leadership, and technological innovation. America canโt afford to miss out on the future of finance, and that future is being built on Ethereum.
@ethereum is building quietly, but needs a better narrative, and L2s should be invested in that narrative. They rely on #ETH for their security. We should stop fueling this L1 vs L2 war, and start talking about the total value of the whole ETH ecosystem.
@sassal0x I'd go with 1. Really like the idea behind this. Great way to combat the perceived fragmentation in the Ethereum ecosystem. Users should know all their dApps and L2s are built on $ETH