Let's wrap up the week with some PERKS!
We're giving 2 GENERAL TICKETS to @nextblockexpo in Berlin on November 23rd and 24th 🎟️
How to participate?
1. Follow @nextblockexpo
2. Follow @banklessDAO
3. Retweet this post & tag a friend
Winners announced: November 14th, LFG! 🎉
I spend a lot of time talking about decentralization in a utopian kind of way, but today I decided to imagine what kind of validator distribution I could be happy with in the real world. I think the goal is to refine this and our current reality until the two meet.
Wanna be a web3 developer with me? I just applied for Alchemy University (@AlchemyLearn).
Applications are open to everyone - and it's free!
https://t.co/FjOtTt7GDB
In this thread, I want to clarify my misunderstanding of consensus mechanisms and clarify their definitions
- PoW, PoS, and PoA are not consensus protocols
- PoW, PoS, and PoA are essentially Sybil resistance mechanisms
- Consensus protocol and consensus mechanism are not equal
Are you confused by the recent @samczsun thread regarding Binance Bridge hack ? I will explain this in the simplest terms possible: 🧵👇https://t.co/6WJk8qtiva
The Daily Gwei by @sassal0x is an extremely valuable contribution to the eth community. noob or not, I *highly recommend* it as one the best ways to stay up-to-date (w/o clickbait crap in most of crypto yt)
https://t.co/7RWTWAkrJh
When learning the blockchain consensus mechanism, there is an inescapable concept, which is the "Byzantine Generals Problem"
Around this problem, many solutions were born, some of which were abandoned, others were feasible (and inspired Nakamoto PoW and Ethereum PoS)
$ETH is a diversified index
It's an index of the aggregate tokens and economic activity ontop of #Ethereum, where 90% of DeFi is located.
$ETH is diversification
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