$CHR
Chromia is an extremely undervalued L1 that focuses on horizontal scaling with a specific interest in AI and gaming, with a mainnet launch in early Q3 2024. A 🧵 below:
NEW: We are short Nvidia $NVDA. We believe Nvidia has a significant China problem. Please see our full report and disclosures now available on our website, link in bio.
Another significant bullish factor for $TIA (@celestia ) comes from the paper published by @alexhevans . By leveraging Celestia's efficient data availability and succinct proof technology, parallel Rollups or other execution layers built on top of it can have their own smart contract functionality, enabling support for various DeFi applications (such as AMMs, DEXs, etc.).
https://t.co/W2n9FMyeU5
1️⃣ Rollups only need to verify their own subset of data without downloading the entire block.
2️⃣ After executing off-chain computations, Rollups can use Celestia’s data availability layer for final state verification without re-executing the full computation.
3️⃣ Celestia supports multiple Rollups running in parallel, each independently verifying its own subset of data, indicating that multiple DeFi applications (such as AMMs, memecoins, and lending protocols) can run on different Rollups.
4️⃣ For DeFi transactions, Celestia handles the storage and verification of transaction data, which can significantly reduce the settlement cost of AMM transactions on Rollups.
5️⃣ Light nodes can verify the correctness of Rollup computations without downloading the full data, meaning that $TIA can be used by Rollup participants (including traders, validators, and liquidity providers) to pay for storage and data verification fees. Similar to ETH, $TIA will be used for settlement, storage fees, and incentives in the Rollup economic system.
At the same time, this paper also essentially provides a decentralized and lightweight interoperability method based on Celestia.
The OG dev burned his tokens so this CTO could live!
Roundtripped $1m and burned his entire stack anyway... legend. Gary is $GONESLER. HIGHER.
https://t.co/tu4aYHyyX2
Web3 "fund" @DWFLabs needs to rebrand to a more honest name "RoofieLabs" and change the name 'Partners' to "Predators"
This little mfer @Eug_Ng is accused of mixing a little extra into the fund's tagline of "Building the future of Web3 together" by adding Rohypnol to womens' drinks under the guise of offering job interviews to female candidates.
Shocking?
Not so much.
One look at this fund @DWFLabs portfolio also tells me they not only have shitty partners who side gig as sex predators, but they also invest in scammy portfolios.