It must really sting the maxis knowing that Ethereum is deflationary and Bitcoin is inflationary. Doesn’t take a fucking genius to determine what’s a better store of value. Digital gold is appropriate, because like gold there’s more Bitcoin found every block. And there’s no burn.
The Arweave storage endowment just passed $100k tokens locked for the first time.
Today we also passed 6m baselayer transactions (with many multiples of this in layer 2 bundled TXs).
Congrats everyone!
@zherring@strangechances@NTmoney@pplpleasr@SuperRare_co@AsyncArt The key differentiator for most NFT projects is that Arweave is actually permanent. You pay once to establish an endowment, then use the interest on the principle to pay for storage. IPFS is just a consistent naming scheme for data. Stop paying to host it, and it disappears.
3)
great progress as usual, on the only network that can afford to secure itself entirely by tx fees 🤯
particularly excited about @anchor_protocol, can't wait to see it live
sources:
https://t.co/IsGfB4vaAm
https://t.co/YrLuRmuqQv by @dsrvlabs
.@terra_money recently:
1)
Aug to Nov:
- TerraKRW in circ. up from $62m to $107m (top 100 cmc now)
- DAU: 50k to 65k
- daily txs avg: 60k to 80k
- daily tx vol: ₩6b to ~₩15b ($5.5m => ~$13.5m)
- last 30d tx vol: ₩330b (~$300m) 🤯
2) coming:
- @anchor_protocol & bLuna staking deriv token in v1
- bDOT, bATOM and more bTokens in v2
- https://t.co/uHU728Tz1a launch
- Terra stables on Ethereum through RenVM (& other chains planned)
- more Chai adoption
In many (not all) places where the word “decentralized” appears, we can profitably replace it with the term “community” to give a different perspective.
Centralized hosting is corporate hosting, decentralized hosting is community hosting.
On Polkadot & @kusamanetwork governance proxies allow proxies to make governance transactions (e.g. from the Council, Treasury, Technical Committee, Democracy and Elections pallets). Explore governance proxies and how to set one up with @krichard410.
https://t.co/TTegb1fRcA
@lkasdkjl Seriously, the sheer volume of coins that needs to be printed nonstop to pay liquidity providers in these 50-100%/year yield farming regimes makes major national central banks look like they're all run by Ron Paul.