@ 3bf0c63f:aefa459d

About Nostr, email and subscriptions

I check my emails like once or twice a week, always when I am looking for something specific in there.

Then I go there and I see a bunch of other stuff I had no idea I was missing. Even many things I wish I had seen before actually. And sometimes people just expect and assume I would have checked emails instantly as they arrived.

It's so weird because I'm not making a point, I just don't remember to open the damn "gmail.com" URL.

---

I remember some people were making some a Nostr service a while ago that sent a DM to people with Nostr articles inside -- or some other forms of "subscription services on Nostr". It makes no sense at all.

Pulling in DMs from relays is exactly the same process (actually slightly more convoluted) than pulling normal public events, so why would a service assume that "sending a DM" was more likely to reach the target subscriber when the target had explicitly subscribed to that topic or writer?

Maybe due to how some specific clients work that is true, but fundamentally it is a very broken assumption that comes from some fantastic past era in which emails were 100% always seen and there was no way for anyone to subscribe to someone else's posts.

Building around such broken assumptions is the wrong approach. Instead we should be building new flows for subscribing to specific content from specific Nostr-native sources (creators directly or manual or automated curation providers, communities, relays etc), which is essentially what most clients are already doing anyway, but specifically Coracle's new custom feeds come to mind now.

---

This also reminds me of the interviewer asking the Farcaster creator if Farcaster made "email addresses available to content creators" completely ignoring all the cryptography and nature of the protocol (Farcaster is shit, but at least they tried, and in this example you could imagine the interviewer asking the same thing about Nostr).

I imagine that if the interviewer had asked these people who were working (or suggesting) the Nostr DM subscription flow they would have answered: "no, you don't get their email addresses, but you can send them uncensorable DMs!" -- and that, again, is getting everything backwards.

@ c73818cc:ccd5c890

🌟 Una visione pessimistica per il futuro di Bitcoin? Matt Corallo, figura chiave nello sviluppo di Bitcoin, dipinge un quadro preoccupante. La mancanza di soluzioni di scaling senza fiducia apre la porta alla regolamentazione e al controllo da parte delle autorità centrali.

🌟 Corallo teme che Bitcoin perda la sua essenza anarchica e decentralizzata, diventando un asset controllato dai governi e dalle istituzioni finanziarie. Questa visione pessimistica ha scosso la community Bitcoin, spingendo alcuni a cercare soluzioni alternative e a riconsiderare il futuro di questa criptovaluta.

🌟 Ci sono però anche altri esponenti della community Bitcoin che, probabilmente per scarsa capacità di guardare il mondo, rimangono ottimisti e confidano nella capacità di Bitcoin di adattarsi e superare le sfide. Il dibattito sul futuro di Bitcoin è acceso e il tempo dirà quale visione prevarrà.

Le iscrizioni al torneo KCGI Bitget sono aperte, unisciti alla nostra squadra e corriamo verso i 5mln di dollari! https://www.bitgetapp.com/it/events/kcgi/futures-trading?clacCode=HCDS4WT4

BitcoinReportItalia #Dev #Censura #Regolamentazione #Corallo #Privacy #Crypto #BTC #Bitcoin

@ 91e58ef2:0f378564

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 91e58ef2:0f378564

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ 12fd224c:faab5655

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 12fd224c:faab5655

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ e789edd6:7fb7ddb5

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 4d584dab:0b5e1f1f

@ e789edd6:7fb7ddb5

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ c6fca539:dba5bdc3

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ c6fca539:dba5bdc3

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ e052fee1:bceaacc8

EigenLayer has garnered widespread attention in the blockchain world, introducing two new primitives: ReStaking and AVS (Active Verification Service).

By combining ReStaking and AVS, EigenLayer has formed a comprehensive business model. It abstracts the economic security of Ethereum's PoS consensus into a "lite" version of AVS with lower consensus security but reduced costs, thus providing more economical consensus security services for various projects in the market. This allows EigenLayer to serve projects with lower consensus security requirements at a lower cost, expanding the application scenarios of the Ethereum ecosystem.

These primitives not only bring new business models to the Ethereum ecosystem but also offer developers and users new possibilities. This article will delve into EigenLayer's AVS, exploring its operational mechanisms, application scenarios, and future developments.

Interpreting Ethereum's Business Model: As a blockchain giant, Ethereum's business model primarily revolves around selling block space to general Rollup L2 (Layer 2 scaling solutions). Rollup L2 packages state data and transactions onto Ethereum's mainnet smart contracts by paying GAS fees, storing them in the form of calldata on the Ethereum mainnet.

Final, these data are ordered by the consensus layer of Ethereum and included in the block. The essence of this process is Ethereum's active validation of Rollup L2's state data consistency.

Introduction to ReStaking Concept: ReStaking is a new primitive introduced by EigenLayer to enhance the economic security of Ethereum's Proof of Stake (PoS) consensus through a re-staking mechanism. Simply put, ReStaking allows users to restake already staked ETH or Liquidity Staking Tokens (LST) to earn additional staking rewards. This mechanism not only enhances the security of the Ethereum network but also provides stakers with an additional source of income.

Introduction to AVS Concept: AVS, namely Active Verification Service, is another key primitive of EigenLayer. It abstracts the Ethereum consensus process into a new primitive, enabling different projects to leverage this consensus security to enhance their own security. The target market of AVS mainly includes projects with lower requirements for consensus security, such as Dapp Rollups, oracle networks, cross-chain bridges, MPC multi-signature networks, and trusted execution environments.

Background of AVS and Corresponding Industry Pain Points: The introduction of AVS is to address several key pain points that have long existed in the blockchain industry:

1. Security and Economic Costs:

In traditional blockchain projects, developers need to independently build and maintain their own consensus mechanisms, which not only takes time and effort but also requires a considerable amount of economic costs. For many startups and small-scale applications, this is a significant barrier. AVS significantly reduces the cost and complexity of project development by providing shared consensus security, enabling more innovative projects to emerge in the Ethereum ecosystem.

1. Decentralization and Trust Issues:

Many blockchain applications rely on decentralized verification services, but building a reliable decentralized network requires a significant amount of resources and technical accumulation. AVS abstracts Ethereum's consensus security into a service, providing a standardized solution to help projects quickly build decentralized verification networks, enhancing trust and reliability.

1. Scalability and Flexibility:

As blockchain technology advances, application scenarios become more diverse. Traditional blockchain architectures are increasingly constrained when facing these new demands. AVS's modular design allows developers to flexibly choose and combine different verification services according to specific requirements, achieving efficient scalability and flexibility to meet various complex application needs.

Introduction to AVS Operational Mechanism: The operational mechanism of AVS can be divided into the following key steps:

1. Task Generation and Publication:

AVS first generates tasks that need to be verified and publishes these tasks to the EigenLayer network. Tasks can include data validation, transaction sorting, or other distributed verification operations.

1. Operator Receives Tasks:

Operators registered on the EigenLayer network receive these tasks and perform the corresponding verification operations. Operators need to run specialized node software and perform calculations and verification according to task requirements.

1. Task Verification and Signing:

After completing the tasks, operators sign the results and send the signed results to the task aggregator. The signing process ensures the authenticity and integrity of the task results.

1. Result Aggregation and Publication:

The task aggregator collects signed results from different operators and aggregates them. Once the predetermined quorum threshold is reached, the aggregated results are published to EigenLayer's smart contracts.

1. Dispute Resolution:

After the task results are published, anyone can dispute the results. Dispute resolution contracts handle these disputes and penalize dishonest operators if necessary.

Through this mechanism, AVS ensures the decentralization and security of the verification process while providing flexible verification services.

Applications of AVS: AVS has wide-ranging applications in the blockchain ecosystem, here are several typical scenarios:

1. Dapp Rollup:

Dapp Rollup is one of the key application scenarios for AVS. By leveraging AVS, Dapp Rollup can build more efficient and secure applications on top of Ethereum, including decentralized finance (DeFi), gaming, and social networks.

1. Oracle Networks:

Oracle networks rely on the reliability and security of external data sources. Through AVS, oracle networks can enhance the security of their data verification, thus providing more reliable data services for applications like DeFi.

1. Cross-chain bridges:

Cross-chain bridges facilitate the exchange of data and assets across different blockchains. AVS enhances the security of cross-chain bridges, ensuring the safe transfer of data and assets between different blockchains.

1. MPC Multi-signature Networks:

MPC multi-signature networks rely on the cooperation of multiple parties to complete signatures. With AVS, the security and reliability of cooperation can be improved, applicable in areas like multi-party computation and privacy-preserving computation.

1. Trusted Execution Environments:

Trusted execution environments require code execution in trusted hardware. AVS enhances the security of execution environments, ensuring the integrity and security of code executed in trusted hardware.

Core advantages and application scenarios of AVS: AVS not only brings new application scenarios to the Ethereum ecosystem but also has the following advantages:

1. Enhanced economic security:

Through ReStaking, AVS can utilize the existing PoS consensus of Ethereum to enhance economic security, reducing the entry barriers for developers and users.

1. Cost reduction:

AVS abstracts consensus security into a "basic version" of AVS, reducing the cost of consensus security services, making it accessible to more projects.

1. Increased flexibility:

AVS provides flexible consensus security services for various projects, enabling them to better perform in different application scenarios.

It's worth noting that with the development of the EigenLayer ecosystem, the future application prospects of AVS will be even broader. Here are some potential future directions:

1. Expanding into more application scenarios:

AVS can expand into more application scenarios in fields such as supply chain management, Internet of Things (IoT), and artificial intelligence (AI), driving the development of these areas by providing efficient consensus security services.

1. Improving scalability:

As blockchain technology continues to evolve, AVS can optimize its architecture to improve system scalability to meet more application demands and higher transaction volumes.

1. Strengthening interoperability with other blockchains:

By interoperating with other blockchains, AVS can provide more comprehensive consensus security services, promoting the development and adoption of cross-chain applications.

Closing Remark: AVS is poised to become a significant application sector in the blockchain world. EigenLayer's AVS introduces innovative ReStaking and AVS primitives, bringing forth fresh business models and application scenarios to the Ethereum ecosystem.

By providing inexpensive and efficient consensus security services, AVS not only expands the application boundaries of Ethereum but also opens up new possibilities for the future development of the blockchain ecosystem.

With technology advancing continuously and applications expanding, AVS is poised to become a crucial component of the blockchain world in the future.

@ c11cf5f8:4928464d

Cowboys and cowgirls, it's time to shine! Spotlight your preferred product or service in the ~AGORA.

Tell us why you love it so much.

@ e052fee1:bceaacc8

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ e052fee1:bceaacc8

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance.

As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities.

The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ 99fad67a:6f7fdea1

EigenLayer has garnered widespread attention in the blockchain world, introducing two new primitives: ReStaking and AVS (Active Verification Service).

By combining ReStaking and AVS, EigenLayer has formed a comprehensive business model. It abstracts the economic security of Ethereum's PoS consensus into a "lite" version of AVS with lower consensus security but reduced costs, thus providing more economical consensus security services for various projects in the market. This allows EigenLayer to serve projects with lower consensus security requirements at a lower cost, expanding the application scenarios of the Ethereum ecosystem.

These primitives not only bring new business models to the Ethereum ecosystem but also offer developers and users new possibilities. This article will delve into EigenLayer's AVS, exploring its operational mechanisms, application scenarios, and future developments.

Interpreting Ethereum's Business Model: As a blockchain giant, Ethereum's business model primarily revolves around selling block space to general Rollup L2 (Layer 2 scaling solutions). Rollup L2 packages state data and transactions onto Ethereum's mainnet smart contracts by paying GAS fees, storing them in the form of calldata on the Ethereum mainnet.

Final, these data are ordered by the consensus layer of Ethereum and included in the block. The essence of this process is Ethereum's active validation of Rollup L2's state data consistency.

Introduction to ReStaking Concept: ReStaking is a new primitive introduced by EigenLayer to enhance the economic security of Ethereum's Proof of Stake (PoS) consensus through a re-staking mechanism. Simply put, ReStaking allows users to restake already staked ETH or Liquidity Staking Tokens (LST) to earn additional staking rewards. This mechanism not only enhances the security of the Ethereum network but also provides stakers with an additional source of income.

Introduction to AVS Concept: AVS, namely Active Verification Service, is another key primitive of EigenLayer. It abstracts the Ethereum consensus process into a new primitive, enabling different projects to leverage this consensus security to enhance their own security. The target market of AVS mainly includes projects with lower requirements for consensus security, such as Dapp Rollups, oracle networks, cross-chain bridges, MPC multi-signature networks, and trusted execution environments.

Background of AVS and Corresponding Industry Pain Points: The introduction of AVS is to address several key pain points that have long existed in the blockchain industry:

1. Security and Economic Costs:

In traditional blockchain projects, developers need to independently build and maintain their own consensus mechanisms, which not only takes time and effort but also requires a considerable amount of economic costs. For many startups and small-scale applications, this is a significant barrier. AVS significantly reduces the cost and complexity of project development by providing shared consensus security, enabling more innovative projects to emerge in the Ethereum ecosystem.

1. Decentralization and Trust Issues:

Many blockchain applications rely on decentralized verification services, but building a reliable decentralized network requires a significant amount of resources and technical accumulation. AVS abstracts Ethereum's consensus security into a service, providing a standardized solution to help projects quickly build decentralized verification networks, enhancing trust and reliability.

1. Scalability and Flexibility:

As blockchain technology advances, application scenarios become more diverse. Traditional blockchain architectures are increasingly constrained when facing these new demands. AVS's modular design allows developers to flexibly choose and combine different verification services according to specific requirements, achieving efficient scalability and flexibility to meet various complex application needs.

Introduction to AVS Operational Mechanism: The operational mechanism of AVS can be divided into the following key steps:

1. Task Generation and Publication:

AVS first generates tasks that need to be verified and publishes these tasks to the EigenLayer network. Tasks can include data validation, transaction sorting, or other distributed verification operations.

1. Operator Receives Tasks:

Operators registered on the EigenLayer network receive these tasks and perform the corresponding verification operations. Operators need to run specialized node software and perform calculations and verification according to task requirements.

1. Task Verification and Signing:

After completing the tasks, operators sign the results and send the signed results to the task aggregator. The signing process ensures the authenticity and integrity of the task results.

1. Result Aggregation and Publication:

The task aggregator collects signed results from different operators and aggregates them. Once the predetermined quorum threshold is reached, the aggregated results are published to EigenLayer's smart contracts.

1. Dispute Resolution:

After the task results are published, anyone can dispute the results. Dispute resolution contracts handle these disputes and penalize dishonest operators if necessary.

Through this mechanism, AVS ensures the decentralization and security of the verification process while providing flexible verification services.

Applications of AVS: AVS has wide-ranging applications in the blockchain ecosystem, here are several typical scenarios:

1. Dapp Rollup:

Dapp Rollup is one of the key application scenarios for AVS. By leveraging AVS, Dapp Rollup can build more efficient and secure applications on top of Ethereum, including decentralized finance (DeFi), gaming, and social networks.

1. Oracle Networks:

Oracle networks rely on the reliability and security of external data sources. Through AVS, oracle networks can enhance the security of their data verification, thus providing more reliable data services for applications like DeFi.

1. Cross-chain bridges:

Cross-chain bridges facilitate the exchange of data and assets across different blockchains. AVS enhances the security of cross-chain bridges, ensuring the safe transfer of data and assets between different blockchains.

1. MPC Multi-signature Networks:

MPC multi-signature networks rely on the cooperation of multiple parties to complete signatures. With AVS, the security and reliability of cooperation can be improved, applicable in areas like multi-party computation and privacy-preserving computation.

1. Trusted Execution Environments:

Trusted execution environments require code execution in trusted hardware. AVS enhances the security of execution environments, ensuring the integrity and security of code executed in trusted hardware.

Core advantages and application scenarios of AVS: AVS not only brings new application scenarios to the Ethereum ecosystem but also has the following advantages:

1. Enhanced economic security:

Through ReStaking, AVS can utilize the existing PoS consensus of Ethereum to enhance economic security, reducing the entry barriers for developers and users.

1. Cost reduction:

AVS abstracts consensus security into a "basic version" of AVS, reducing the cost of consensus security services, making it accessible to more projects.

1. Increased flexibility:

AVS provides flexible consensus security services for various projects, enabling them to better perform in different application scenarios.

It's worth noting that with the development of the EigenLayer ecosystem, the future application prospects of AVS will be even broader. Here are some potential future directions:

1. Expanding into more application scenarios:

AVS can expand into more application scenarios in fields such as supply chain management, Internet of Things (IoT), and artificial intelligence (AI), driving the development of these areas by providing efficient consensus security services.

1. Improving scalability:

As blockchain technology continues to evolve, AVS can optimize its architecture to improve system scalability to meet more application demands and higher transaction volumes.

1. Strengthening interoperability with other blockchains:

By interoperating with other blockchains, AVS can provide more comprehensive consensus security services, promoting the development and adoption of cross-chain applications.

Closing Remark: AVS is poised to become a significant application sector in the blockchain world. EigenLayer's AVS introduces innovative ReStaking and AVS primitives, bringing forth fresh business models and application scenarios to the Ethereum ecosystem.

By providing inexpensive and efficient consensus security services, AVS not only expands the application boundaries of Ethereum but also opens up new possibilities for the future development of the blockchain ecosystem.

With technology advancing continuously and applications expanding, AVS is poised to become a crucial component of the blockchain world in the future.

@ 99fad67a:6f7fdea1

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 99fad67a:6f7fdea1

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance.

As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities.

The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ 0e95a7a7:21caf82b

EigenLayer has garnered widespread attention in the blockchain world, introducing two new primitives: ReStaking and AVS (Active Verification Service).

By combining ReStaking and AVS, EigenLayer has formed a comprehensive business model. It abstracts the economic security of Ethereum's PoS consensus into a "lite" version of AVS with lower consensus security but reduced costs, thus providing more economical consensus security services for various projects in the market. This allows EigenLayer to serve projects with lower consensus security requirements at a lower cost, expanding the application scenarios of the Ethereum ecosystem.

These primitives not only bring new business models to the Ethereum ecosystem but also offer developers and users new possibilities. This article will delve into EigenLayer's AVS, exploring its operational mechanisms, application scenarios, and future developments.

Interpreting Ethereum's Business Model: As a blockchain giant, Ethereum's business model primarily revolves around selling block space to general Rollup L2 (Layer 2 scaling solutions). Rollup L2 packages state data and transactions onto Ethereum's mainnet smart contracts by paying GAS fees, storing them in the form of calldata on the Ethereum mainnet.

Final, these data are ordered by the consensus layer of Ethereum and included in the block. The essence of this process is Ethereum's active validation of Rollup L2's state data consistency.

Introduction to ReStaking Concept: ReStaking is a new primitive introduced by EigenLayer to enhance the economic security of Ethereum's Proof of Stake (PoS) consensus through a re-staking mechanism. Simply put, ReStaking allows users to restake already staked ETH or Liquidity Staking Tokens (LST) to earn additional staking rewards. This mechanism not only enhances the security of the Ethereum network but also provides stakers with an additional source of income.

Introduction to AVS Concept: AVS, namely Active Verification Service, is another key primitive of EigenLayer. It abstracts the Ethereum consensus process into a new primitive, enabling different projects to leverage this consensus security to enhance their own security. The target market of AVS mainly includes projects with lower requirements for consensus security, such as Dapp Rollups, oracle networks, cross-chain bridges, MPC multi-signature networks, and trusted execution environments.

Background of AVS and Corresponding Industry Pain Points: The introduction of AVS is to address several key pain points that have long existed in the blockchain industry:

1. Security and Economic Costs:

In traditional blockchain projects, developers need to independently build and maintain their own consensus mechanisms, which not only takes time and effort but also requires a considerable amount of economic costs. For many startups and small-scale applications, this is a significant barrier. AVS significantly reduces the cost and complexity of project development by providing shared consensus security, enabling more innovative projects to emerge in the Ethereum ecosystem.

1. Decentralization and Trust Issues:

Many blockchain applications rely on decentralized verification services, but building a reliable decentralized network requires a significant amount of resources and technical accumulation. AVS abstracts Ethereum's consensus security into a service, providing a standardized solution to help projects quickly build decentralized verification networks, enhancing trust and reliability.

1. Scalability and Flexibility:

As blockchain technology advances, application scenarios become more diverse. Traditional blockchain architectures are increasingly constrained when facing these new demands. AVS's modular design allows developers to flexibly choose and combine different verification services according to specific requirements, achieving efficient scalability and flexibility to meet various complex application needs.

Introduction to AVS Operational Mechanism: The operational mechanism of AVS can be divided into the following key steps:

1. Task Generation and Publication:

AVS first generates tasks that need to be verified and publishes these tasks to the EigenLayer network. Tasks can include data validation, transaction sorting, or other distributed verification operations.

1. Operator Receives Tasks:

Operators registered on the EigenLayer network receive these tasks and perform the corresponding verification operations. Operators need to run specialized node software and perform calculations and verification according to task requirements.

1. Task Verification and Signing:

After completing the tasks, operators sign the results and send the signed results to the task aggregator. The signing process ensures the authenticity and integrity of the task results.

1. Result Aggregation and Publication:

The task aggregator collects signed results from different operators and aggregates them. Once the predetermined quorum threshold is reached, the aggregated results are published to EigenLayer's smart contracts.

1. Dispute Resolution:

After the task results are published, anyone can dispute the results. Dispute resolution contracts handle these disputes and penalize dishonest operators if necessary.

Through this mechanism, AVS ensures the decentralization and security of the verification process while providing flexible verification services.

Applications of AVS: AVS has wide-ranging applications in the blockchain ecosystem, here are several typical scenarios:

1. Dapp Rollup:

Dapp Rollup is one of the key application scenarios for AVS. By leveraging AVS, Dapp Rollup can build more efficient and secure applications on top of Ethereum, including decentralized finance (DeFi), gaming, and social networks.

1. Oracle Networks:

Oracle networks rely on the reliability and security of external data sources. Through AVS, oracle networks can enhance the security of their data verification, thus providing more reliable data services for applications like DeFi.

1. Cross-chain bridges:

Cross-chain bridges facilitate the exchange of data and assets across different blockchains. AVS enhances the security of cross-chain bridges, ensuring the safe transfer of data and assets between different blockchains.

1. MPC Multi-signature Networks:

MPC multi-signature networks rely on the cooperation of multiple parties to complete signatures. With AVS, the security and reliability of cooperation can be improved, applicable in areas like multi-party computation and privacy-preserving computation.

1. Trusted Execution Environments:

Trusted execution environments require code execution in trusted hardware. AVS enhances the security of execution environments, ensuring the integrity and security of code executed in trusted hardware.

Core advantages and application scenarios of AVS: AVS not only brings new application scenarios to the Ethereum ecosystem but also has the following advantages:

1. Enhanced economic security:

Through ReStaking, AVS can utilize the existing PoS consensus of Ethereum to enhance economic security, reducing the entry barriers for developers and users.

1. Cost reduction:

AVS abstracts consensus security into a "basic version" of AVS, reducing the cost of consensus security services, making it accessible to more projects.

1. Increased flexibility:

AVS provides flexible consensus security services for various projects, enabling them to better perform in different application scenarios.

It's worth noting that with the development of the EigenLayer ecosystem, the future application prospects of AVS will be even broader. Here are some potential future directions:

1. Expanding into more application scenarios:

AVS can expand into more application scenarios in fields such as supply chain management, Internet of Things (IoT), and artificial intelligence (AI), driving the development of these areas by providing efficient consensus security services.

1. Improving scalability:

As blockchain technology continues to evolve, AVS can optimize its architecture to improve system scalability to meet more application demands and higher transaction volumes.

1. Strengthening interoperability with other blockchains:

By interoperating with other blockchains, AVS can provide more comprehensive consensus security services, promoting the development and adoption of cross-chain applications.

Closing Remark: AVS is poised to become a significant application sector in the blockchain world. EigenLayer's AVS introduces innovative ReStaking and AVS primitives, bringing forth fresh business models and application scenarios to the Ethereum ecosystem.

By providing inexpensive and efficient consensus security services, AVS not only expands the application boundaries of Ethereum but also opens up new possibilities for the future development of the blockchain ecosystem.

With technology advancing continuously and applications expanding, AVS is poised to become a crucial component of the blockchain world in the future.

@ 0e95a7a7:21caf82b

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 0e95a7a7:21caf82b

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance.

As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities.

The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ 81870f53:29bef6a6

数日前、大規模モデルの価格戦争が始まりましたが、今日、AI チップも価格戦争を始めているというニュースが発表されました。$NVIDIA (NVDA.US)$中国市場に供給される H20 人工知能チップの価格です。下げられた。

情報筋によると、場合によっては、H20チップはHuawei Ascend 910Bよりも10％以上安い価格で販売されているという。中国のサーバーディーラーはH20チップを1セットあたり約10万元の価格で販売しており、8セットのチップを搭載した各サーバーの価格は2万元になるという。 110万元と130万元。

一部の市場関係者は、ファーウェイがエヌビディアとの競争を始めたのは昨年のことだと指摘しており、関係者によると、ファーウェイは今年、Ascend 910Bチップの出荷を大幅に増やす予定で、同チップの性能はいくつかの重要な指標でH20を上回っているという。

米国の著名なクオンツ投資会社リサーチ・アフィリエイツのロブ・アーノット会長は現地時間23日、エヌビディアの市場での成功は、今後も半導体業界を支配し続けるという考えに基づいていると述べた。他のチップ大手も関与すべきだが、今から判断すると、Nvidiaの評価は確かに高すぎる。

Nvidiaの中国戦略 以前の米国の制裁により、NVIDIA の最先端半導体の中国への輸出が妨げられたため、NVIDIA は関連する輸出政策を回避するために、昨年末に中国市場向けに特別に調整された 3 つのチップを発売しました。これらのチップの中で、H20 が最も注目を集めました。なぜなら、それは中国で販売されている最も強力な製品だからであるが、ロイター通信によると、このチップは市場に十分に供給されており、場合によってはH20チップが10％を超える価格で販売されているとのことだ。 Huawei Ascend 910B (中国企業の最も強力な AI チップ) よりも小さいです。

Nvidia の最高財務責任者 (CFO) コレット・クレス氏は以前、「10 月に新たな輸出規制が施行される前と比較して、当社の中国におけるデータセンターの収益は大幅に減少した。中国市場での競争は今後も激化すると予想される」と述べた。 」

過去6か月間でH20チップの購入に関心を表明した国または政府系バイヤーはわずか5カ国だったが、情報筋によると、同時期にファーウェイ910Bチップの購入者は十数社に達したという。$Alibaba (BABA.US)$ / $BABA-SW (09988.HK)$ 30,000 個以上の H20 チップを注文しましたが、Ali はこれに対して公には反応しませんでした。

現在、中国のサーバー販売業者が販売しているH20サーバーカードの価格は1枚あたり約10万元、8枚入りサーバーの場合は1枚あたり110万元から130万元であるのに対し、ファーウェイの1枚あたりの価格は110万元から130万元である。代理店が販売する910Bカードの価格は12万元以上だが、8枚のカードを搭載したサーバーのカード1枚の価格は130万元から150万元の範囲であると業界関係者によると、H20とHuawei 910Bの価格は状況に応じて変動するという。注文量のサイズ。

研究機関セミアナリシスの創設者ディラン・パテル氏は、2024年下半期には100万個近くのH20チップが中国に出荷される予定で、H20はメモリ容量が大きいため、価格面でファーウェイと競争する必要があると述べた。 H100 よりも製造コストが高くなりますが、H20 の価格は H100 の半分です。

Nvidia の上位 3 つの変数 今見ると、NVIDIA には 3 つの主要な変数があります。1 つは評価、2 つ目は競合他社、3 つ目は中国でのビジネスです。

木曜日の終値までに、エヌビディアは9.32％上昇し、株価は1000ドル台で安定しており、時価総額は2兆5500億ドルに達したが、同社の株価収益率（TTM）は低くない。純株価収益率は 60 倍近く、売上高倍率は 40 倍に達しています。さらに、水平比較から判断すると、NVIDIA のバリュエーションは決して低いとは言えません。データによると、水曜日の時点で、ドイツで最初に上場された企業の時価総額は約2兆5,100億米ドルとなっている。

さらに、Nvidiaは現在絶対的な優位性を持っていますが、以前に米国証券取引委員会に提出された文書で、人工知能チップなどのさまざまなカテゴリーでファーウェイを最大の競争相手として初めて特定しました。 Nvidia が言及した競合他社には、$Intel (INTC.US)$、$Advanced Micro Devices (AMD.US)$、$Broadcom (AVGO.US)$、$Qualcomm (QCOM.US)$が含まれます。さらに、多くの重要な企業もリストされています。$Amazon (AMZN.US)$や$Microsoft (MSFT.US)$などのクラウド コンピューティング企業そしてつい昨日、Nvidia の最新の競合企業である Groq が、同社が約 3 億ドルを調達したいと投資家に示唆したことを明らかにしました。そして3人目は、Groqが資金調達を支援するためにモルガン・スタンレーを雇用したと述べ、Groqの資金調達総額は今回のラウンドで約2倍となり、Cerebrasなどの新興企業の競合企業に近づくことになると述べた。

中国の市場調査会社CCIDコンサルタンツの報告書によると、世界の人工知能産業における中国のシェアは2035年までに30％を超えると予想されているが、その一方で、Nvidiaの最も強力なチップは禁止されている。一方、中国には、NVIDIA が中国向けに特別に供給したチップよりも優れたチップが存在する。アナリストは、この価格紛争は、AI チップの輸出に対する米国の制裁に直面して NVIDIA の中国事業が直面する課題を浮き彫りにしていると考えている。競争が激化し、売上高の17％を占めた中国市場が同社の2024会計年度に影を落とした。

IG市場アナリスト?$#@$チェン氏は、「NVIDIAは微妙な方針をとっており、中国市場の維持と米国の緊張への対処との間のバランスを見つけようとしている。NVIDIAは間違いなく長期的には最悪の事態に備えている」と述べた。

この記事がお役に立てば幸いです。 もしそうなら、チップをおくるどうぞ https://getalby.com/p/bitcap

日本のホスティングサービス Linux、Windowsクラウドホスティング データストレージ JPStream を使用して NOSTR リレーを作成する ホスティング サービスの料金をSatsで支払うことができます https://jpstream.net

@ d0b327c6:1ae748c2

Tradotto dall’originale di Stephen Hall - pubblicato il 1 mar 2023

Il controllo corretto delle chiavi richiede un'ulteriore responsabilità, ma è una parte essenziale della sicurezza dei bitcoin. Ma cosa succede quando si deve viaggiare? Se conservate grandi quantità di bitcoin in un cold-storage, dovete portare con voi le chiavi del vostro portafoglio bitcoin? E se si viaggia con una o più chiavi, quali sono le misure da adottare per garantire la sicurezza?

Considerate questi sette consigli per viaggiare con i vostri bitcoin in modo da avere il controllo e ridurre al minimo i rischi.

1. Portare con sé solo i portafogli necessari

Bitcoin consente di segregare i fondi in più portafogli, in modo da dover portare con sé solo le chiavi necessarie per piccole quantità di bitcoin. È possibile mettere al sicuro i propri risparmi in bitcoin in un multisig a freddo, pur continuando a portare con sé una parte di bitcoin in un portafoglio a caldo sul telefono, come BlueWallet o Muun.

Portando con sé solo le chiavi dei portafogli di cui si ha bisogno, è possibile spendere e ricevere bitcoin lasciando la maggior parte dei propri risparmi in un sistema sicuro di archiviazione a freddo, come il multisig, che elimina i singoli punti di guasto.

2. Considerate la vostra destinazione

Considerate la vostra destinazione e i vostri piani di viaggio quando valutate i rischi di viaggiare con le vostre chiavi bitcoin. Qual è il rischio relativo di criminalità nella vostra destinazione? La vostra destinazione è una nazione o una città ad alto tasso di criminalità? Come sarà l'ambiente circostante?

Se la destinazione presenta tassi di criminalità più elevati o piccoli furti dilaganti, si deve presumere che il telefono verrà rubato. Mantenete una buona sicurezza dello smartphone ed evitate di tenere le chiavi di quantità significative di bitcoin su quel dispositivo. Ridurre al minimo le potenziali perdite di bitcoin conservando solo piccole quantità nei portafogli mobili è una considerazione da fare, ma anche conservare le chiavi dei portafogli multisig sullo smartphone quando si viaggia può aumentare le possibilità di compromissione, rendendo necessaria una faticosa sostituzione della chiave.

Se vi recate a un evento in cui si presume il possesso di bitcoin, adattate il vostro modello di sicurezza all'ipotesi che tutti sappiano che possedete bitcoin. Ciò potrebbe significare assicurarsi che tutti i portafogli singleig abbiano una passphrase, oppure proteggere piccole quantità di bitcoin con multisig e distribuire le chiavi nei propri effetti personali durante il viaggio.

3. Evitare di viaggiare con backup di frasi seed

Dovreste sempre proteggere le vostre frasi seed, ma ricordate che sono il segreto non criptato di una determinata chiave, il che le rende molto più facili da compromettere rispetto a un portafoglio hardware. Mentre i dati della chiave privata del portafoglio hardware sono generalmente protetti all'interno di un elemento sicuro, dietro un PIN, e richiedono un PC per accedervi, i backup delle frasi seed sono più facili da rubare, copiare o fotografare fisicamente.

Se dovete viaggiare con backup di una frase seed

In alcune situazioni potrebbe essere necessario viaggiare con un backup della frase seed. Il trasferimento di residenze fisiche permanenti (abbiamo pubblicato una guida che dovreste leggere se questa è la vostra situazione) e il viaggio per impostare un elemento chiave conservato in modo sicuro in una configurazione multisig sono entrambi motivi ragionevoli per viaggiare con la vostra frase seed di 12 o 24 parole.

Se dovete viaggiare con una frase seed, ci sono cose che potete fare per ridurre al minimo la possibilità di esposizione e mantenere la tranquillità:

• Non dare nell'occhio durante i controlli aeroportuali: Mettete un backup cartaceo della frase seme all'interno di un libro, oppure dividete la frase seme scrivendola su un quaderno fisico utilizzando una convenzione che ricorderete. Evitate di usare serrature o custodie metalliche sospette. Se la vostra borsa viene controllata per sospetto, è molto più probabile che la vostra frase seme venga vista.
• Utilizzate una passphrase per i portafogli singlesig: I PIN possono proteggere un portafoglio hardware, ma una passphrase proteggerà la vostra seed phrase! Sebbene le passphrase siano generalmente rischiose rispetto ad altre configurazioni di custodia come il multisig, può avere senso usarne una con un portafoglio singlesig mentre si viaggia con una seed phrase, a patto che se ne faccia un backup adeguato (non affidatevi alla vostra memoria!).
• Approfittate dei compagni di viaggio: Considerate un portafoglio multisig (vedi sotto), date a un compagno di viaggio una frase seme, tenete una frase seme sulla vostra persona e conservate una frase seme in un portafoglio hardware nel bagaglio da stiva, ad esempio. Se dovete assolutamente assicurarvi che una frase seme sia già a destinazione, potete comprometterne una memorizzandola temporaneamente in un password manager prima di partire (vedi sotto).

4. Attenzione a ciò che si dice e si mostra

Prima che un aggressore possa attaccare, deve sapere chi sta cercando. È qui che entra in gioco la sicurezza operativa. Molti di questi consigli sono validi per il risparmio di ricchezza con i bitcoin in generale, ma sono particolarmente applicabili quando si viaggia.

In viaggio, si è spesso soggetti ai capricci di persone e ambienti che non si possono controllare. Sono situazioni più rischiose per rendere pubblicamente noto che si possono detenere quantità consistenti di bitcoin.

• Non parlate di bitcoin con persone di cui non vi fidate: Una delle cose più semplici da fare è semplicemente parlare meno di bitcoin! Siate prudenti quando “diffondete la parola”.
• Non mettete adesivi bitcoin sul vostro laptop o sui vostri dispositivi: Sono come grandi insegne al neon che dicono: “Questo dispositivo memorizza dati di chiavi private!”.
• Non indossate articoli legati ai bitcoin: Soprattutto nei luoghi in cui le persone sanno cosa cercare, indossare articoli o capi di abbigliamento con loghi bitcoin mette inutilmente un bersaglio sulla vostra schiena.
• Non parlate di quanti bitcoin possedete: È generalmente una buona idea condividere la quantità di bitcoin che si possiede solo in caso di necessità. Sapere di essere un obiettivo di valore elevato potrebbe indurre un aggressore a considerare azioni più estreme o rischiose.

In particolare, questi comportamenti possono creare rischi fisici quando si viaggia, anche se non si hanno a disposizione i dati della chiave privata. Se qualcuno cerca di aggredirvi con una chiave inglese da 5 dollari e voi non avete bitcoin da dargli, il vostro bitcoin potrebbe sopravvivere, ma le vostre rotule no!

5. Creare un portafoglio esca

Sia che si viaggi con un portafoglio hardware che con un portafoglio software, molti portafogli consentono di creare un portafoglio esca. I portafogli esca consentono di creare un secondo portafoglio, completamente separato da quello principale, che può essere attivato in caso di necessità. Con questi portafogli si aggiungono fondi che si è disposti a perdere, ma abbastanza significativi da far credere all'aggressore di aver ottenuto ciò che voleva.

Esistono diversi modi per configurare un portafoglio bitcoin di facciata:

1. Singlesig + passphrase
2. Utilizzo di una chiave in un quorum multisig
3. PIN di emergenza

Singlesig + passphrase

Con una passphrase, è possibile creare un portafoglio secondario che consentirebbe a un aggressore di accedere a un piccolo sottoinsieme dei vostri fondi. Si può anche fare in modo che il portafoglio principale sia un'esca, mentre si usa una passphrase per il portafoglio “vero”. Considerate sempre gli svantaggi dell'uso di una passphrase, tuttavia, e assicuratevi sempre di avere un backup corretto della vostra passphrase (è sensibile alle maiuscole e alle minuscole).

Multisig

Se si utilizza il multisig, a patto che si riesca a mantenere il segreto sul fatto che un determinato portafoglio hardware o una frase seme facciano parte di una configurazione multisig, è possibile proteggersi utilizzando una delle chiavi del quorum come esca. A tal fine, è sufficiente utilizzare un portafoglio hardware o software normalmente parte della configurazione multisig come portafoglio indipendente. Un aggressore potrebbe accedere ai fondi inviati al portafoglio singlesig associato a quel seme, senza accedere al portafoglio costruito con il multisig, e senza nemmeno saperlo.

PIN di emergenza

Alcuni produttori di portafogli consentono di impostare un PIN di emergenza. Con questa funzionalità, è possibile impostare un secondo PIN che consente a un aggressore di accedere a un secondo portafoglio esca. Se venite attaccati, date all'aggressore il PIN sbagliato e lasciategli il sottoinsieme più piccolo di fondi in quel portafoglio.

A titolo di esempio, il portafoglio hardware Coldcard offre tre tipi di PIN di emergenza: uno che sblocca un portafoglio esca, uno che distrugge il seme all'ingresso e uno che crea un conto alla rovescia verso “modalità mattone” personalizzabili. Questi strumenti offrono la certezza che gli aggressori non saranno in grado di accedere alle vostre chiavi bitcoin principali, se mai ce ne saranno.

6. Considerare il multisig per eliminare i singoli punti di rottura

La funzione multisig nativa di Bitcoin può aiutare a creare portafogli esca, ma è anche un potente strumento per mitigare il rischio di viaggio in generale. Forse avete bisogno di viaggiare con le chiavi private, ma volete evitare il singolo punto di guasto dei portafogli singleig. Viaggiare con tre portafogli hardware, ciascuno dei quali contiene una chiave in un quorum multisig, può contribuire a ridurre il rischio.

Il multisig offre molte possibilità uniche se si è in viaggio. Ognuna delle seguenti ha implicazioni per la sicurezza e compromessi da considerare che esulano dallo scopo di questo articolo, ma che si possono considerare:

• Distribuire le chiavi detenute durante il viaggio: È possibile viaggiare in aereo con un sistema multisig 2 su 3, in cui una chiave si trova sulla propria persona, un'altra in uno scomparto segreto nel bagaglio a mano e una terza chiave e una frase seed di backup distribuite geograficamente in altri luoghi sicuri. In questo modo le tre chiavi sono separate e due di esse devono essere riunite per spendere i fondi.
• Memorizzare digitalmente una frase seme: compromettere temporaneamente una frase seme memorizzandola in un password manager assicura che almeno un backup della frase seme del quorum multisig sia già a destinazione. Quando si arriva a destinazione, è possibile effettuare una sostituzione della chiave per qualsiasi frase seminale temporaneamente memorizzata su un dispositivo connesso a Internet.
• Spedire per posta un portafoglio hardware o una frase seme: se si viaggia con ingenti fondi in bitcoin e non si vuole esporsi a furti per attacchi fisici in un multisig 2 su 3 durante il viaggio, ad esempio, è possibile spedire per posta un portafoglio hardware o una frase seme a destinazione, portare con sé una chiave ed essere ancora in grado di spendere i fondi quando si arriva.
• Il partner controfirma: Un partner di custodia, sia esso un istituto finanziario come Unchained o una terza parte fidata, può coordinarsi con voi per firmare le transazioni durante il viaggio se volete viaggiare con una minoranza di chiavi in multisig.

Potete usare uno strumento come Sparrow, Electrum o il nostro Caravan per costruire da soli portafogli multisig, e se avete bisogno di aiuto per impostare il multisig o per capire le migliori pratiche di viaggio nel contesto della custodia collaborativa, abbiamo un team che può aiutarvi.

7. Avere un piano di successione

È una buona idea per tutti coloro che possiedono un consistente patrimonio in bitcoin avere un piano di successione, ma questo vale soprattutto quando si viaggia. Se dovesse succedere qualcosa mentre si è in viaggio, si vuole essere tranquilli sapendo che i propri bitcoin passeranno di diritto ai parenti più prossimi senza problemi.

Questo sarebbe molto difficile se si viaggiasse con il proprio bitcoin in custodia in un portafoglio singlesig, ma il multisig - e ancora meglio per scopi ereditari, includendo un partner per la custodia collaborativa nella configurazione multisig - può darvi il meglio di tutti i mondi: un comodo accesso ai vostri bitcoin in custodia e la tranquillità di sapere che se ne prenderà cura in vostra assenza.

Abbiamo già scritto un articolo in cui spieghiamo come impostare un piano di eredità per i vostri bitcoin, se volete prenderlo in considerazione prima di partire.

Ulteriori considerazioni sulla sicurezza dei bitcoin

Le procedure di viaggio sono importanti, ma c'è molto di più sulla sicurezza delle chiavi bitcoin. Non dimenticate di consultare le nostre guide sulle migliori pratiche per l'archiviazione delle frasi seminali, sui compromessi tra backup cartacei e backup metallici delle frasi seminali e, se utilizzate il multisig, sulla corretta sicurezza delle informazioni di configurazione del vostro portafoglio e sui principi di archiviazione delle frasi seminali nelle cassette di sicurezza.

Stephen Hall

@ d0b327c6:1ae748c2

Tradotto dall’originale di Friedrich A. Hayek - pubblicato il 1 mag 1996

Se volete imparare il più possibile sull'economia da un solo articolo, leggete “L'uso della conoscenza nella società” di Friedrich A. Hayek, pubblicato nel numero di settembre 1945 della American Economic Review. In primo luogo, nessun altro articolo spiega il problema economico con la stessa chiarezza. In secondo luogo, nessuno fornisce una migliore comprensione della superiorità delle economie di mercato. In terzo luogo, espone una delle più deplorevoli fallacie dell'approccio standard all'insegnamento dell'economia. Infine, getta un riflettore sulla pericolosa ignoranza della pianificazione economica.

Hayek sottolinea che un'allocazione sensata di risorse scarse richiede conoscenze disperse tra molte persone, senza che nessun individuo o gruppo di esperti sia in grado di acquisirle tutte. Un processo decisionale economico informato richiede che le persone possano agire sulla base delle informazioni di “tempo e luogo” che solo loro possiedono, fornendo al contempo un sistema di comunicazione che ci motivi e ci informi su come farlo al meglio. Gli scambi di mercato e i prezzi generano le informazioni e la motivazione. Eppure agli studenti di economia viene sempre insegnato che il mercato funziona correttamente solo se tutti i partecipanti hanno una conoscenza perfetta. Si tratta di un'assurdità, come spiega Hayek. Se tutti avessero una conoscenza perfetta, le ragioni del mercato scomparirebbero in gran parte. Il mercato è essenziale proprio perché permette alle persone di beneficiare di una conoscenza ampiamente dispersa quando nessuno possiede più del più piccolo frammento di quella conoscenza, nemmeno i pianificatori governativi. Ogni volta che un piano governativo limita lo scambio di mercato, l'ignoranza viene sostituita dalla conoscenza.

Leggete l'articolo di Hayek e affronterete le vostre letture future con una prospettiva più informata su ciò che riguarda l'economia.

~ Dwight Lee

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I

Qual è il problema che vogliamo risolvere quando cerchiamo di costruire un ordine economico razionale? In base ad alcuni presupposti noti, la risposta è abbastanza semplice. Se possediamo tutte le informazioni rilevanti, se possiamo partire da un sistema di preferenze dato e se abbiamo una conoscenza completa dei mezzi disponibili, il problema che rimane è puramente logico. Cioè, la risposta alla domanda su quale sia l'uso migliore dei mezzi disponibili è implicita nelle nostre ipotesi. Le condizioni che la soluzione di questo problema ottimale deve soddisfare sono state elaborate in modo esauriente e possono essere enunciate al meglio in forma matematica: in sintesi, esse consistono nel fatto che i tassi marginali di sostituzione tra due merci o fattori devono essere gli stessi in tutti i loro diversi usi.

Questo, però, non è assolutamente il problema economico che la società deve affrontare. E il calcolo economico che abbiamo sviluppato per risolvere questo problema logico, sebbene sia un passo importante verso la soluzione del problema economico della società, non fornisce ancora una risposta. Il motivo è che i “dati” da cui parte il calcolo economico non sono mai “dati” per l'intera società a una singola mente che possa elaborarne le implicazioni e non potranno mai essere dati.

Il carattere peculiare del problema di un ordine economico razionale è determinato proprio dal fatto che la conoscenza delle circostanze di cui dobbiamo fare uso non esiste mai in forma concentrata o integrata, ma solo come frammenti dispersi di conoscenza incompleta e spesso contraddittoria che tutti gli individui separati possiedono. Il problema economico della società non è quindi solo un problema di come allocare le risorse “date” - se per “date” si intende date a una singola mente che risolve deliberatamente il problema posto da questi “dati”. È piuttosto un problema di come assicurare il miglior uso delle risorse conosciute da qualsiasi membro della società, per fini la cui importanza relativa è nota solo a questi individui. O, per dirla in breve, è un problema di utilizzo della conoscenza che non è data a nessuno nella sua totalità.

Temo che questo carattere del problema fondamentale sia stato oscurato piuttosto che illuminato da molti dei recenti perfezionamenti della teoria economica, in particolare da molti degli usi fatti della matematica. Sebbene il problema di cui voglio occuparmi principalmente in questo articolo sia quello di un'organizzazione economica razionale, nel corso della trattazione sarò portato più volte a sottolineare le sue strette connessioni con alcune questioni metodologiche. Molti dei punti che desidero sottolineare sono in effetti conclusioni verso le quali sono inaspettatamente confluiti diversi percorsi di ragionamento. Ma, per come vedo ora questi problemi, non si tratta di un caso. Mi sembra che molte delle attuali controversie in materia di teoria economica e di politica economica abbiano la loro origine comune in un'errata concezione della natura del problema economico della società. Questo equivoco, a sua volta, è dovuto a un errato trasferimento ai fenomeni sociali delle abitudini di pensiero che abbiamo sviluppato nel trattare i fenomeni della natura.

II

Nel linguaggio comune, con la parola “pianificazione” descriviamo il complesso di decisioni interrelate sull'allocazione delle risorse disponibili. Tutta l'attività economica è in questo senso una pianificazione; e in qualsiasi società in cui molte persone collaborano, questa pianificazione, chiunque la faccia, dovrà in qualche misura basarsi su una conoscenza che, in prima istanza, non è data al pianificatore ma a qualcun altro, che in qualche modo dovrà essere trasmessa al pianificatore. I vari modi in cui la conoscenza su cui le persone basano i loro piani viene loro comunicata è il problema cruciale per qualsiasi teoria che spieghi il processo economico, e il problema di quale sia il modo migliore di utilizzare la conoscenza inizialmente dispersa tra tutte le persone è almeno uno dei problemi principali della politica economica, o della progettazione di un sistema economico efficiente.

La risposta a questa domanda è strettamente legata all'altra questione che si pone, quella di chi deve fare la pianificazione. È su questa domanda che si concentra tutta la controversia sulla “pianificazione economica”. Non si tratta di una disputa sul fatto che la pianificazione debba essere fatta o meno. È una disputa sul fatto che la pianificazione debba essere fatta a livello centrale, da un'unica autorità per l'intero sistema economico, o debba essere suddivisa tra molti individui. La pianificazione, nel senso specifico in cui il termine viene usato nella controversia contemporanea, significa necessariamente pianificazione centrale, ovvero direzione dell'intero sistema economico secondo un piano unificato. La concorrenza, invece, significa pianificazione decentralizzata da parte di molte persone distinte. La via di mezzo tra le due, di cui molti parlano ma che a pochi piace quando la vedono, è la delega della pianificazione alle industrie organizzate o, in altre parole, il monopolio.

Quale di questi sistemi sia più efficiente dipende principalmente dalla domanda in base alla quale ci si può aspettare che venga fatto un uso più completo delle conoscenze esistenti. E questo, a sua volta, dipende dal fatto se è più probabile che si riesca a mettere a disposizione di un'unica autorità centrale tutte le conoscenze che dovrebbero essere utilizzate, ma che inizialmente sono disperse tra molti individui diversi, oppure che si riesca a trasmettere agli individui quelle conoscenze aggiuntive di cui hanno bisogno per consentire loro di adattare i loro piani a quelli degli altri.

III

Sarà subito evidente che su questo punto la posizione sarà diversa rispetto ai diversi tipi di conoscenza; e la risposta alla nostra domanda dipenderà quindi in larga misura dall'importanza relativa dei diversi tipi di conoscenza: quelli che è più probabile che siano a disposizione di individui particolari e quelli che dovremmo aspettarci con maggiore sicurezza di trovare in possesso di un'autorità composta da esperti opportunamente scelti. Se oggi si dà per scontato che questi ultimi siano in una posizione migliore, è perché un tipo di conoscenza, quella scientifica, occupa oggi un posto così importante nell'immaginario collettivo che si tende a dimenticare che non è l'unico tipo di conoscenza rilevante. Si può ammettere che, per quanto riguarda la conoscenza scientifica, un corpo di esperti opportunamente scelti può essere nella posizione migliore per comandare tutte le migliori conoscenze disponibili - anche se questo, ovviamente, non fa altro che spostare la difficoltà sul problema della selezione degli esperti. Quello che vorrei sottolineare è che, anche ammettendo che questo problema possa essere facilmente risolto, è solo una piccola parte del problema più ampio.

Oggi è quasi un'eresia suggerire che la conoscenza scientifica non è la somma di tutte le conoscenze. Ma un po' di riflessione mostrerà che c'è senza dubbio un corpo di conoscenze molto importanti ma non organizzate che non possono essere definite scientifiche nel senso di conoscenza di regole generali: la conoscenza delle circostanze particolari del tempo e del luogo. È a questo proposito che praticamente ogni individuo è avvantaggiato rispetto a tutti gli altri, perché possiede informazioni uniche di cui si può fare un uso vantaggioso, ma che possono essere utilizzate solo se le decisioni che dipendono da esse sono lasciate a lui o sono prese con la sua attiva collaborazione. Dobbiamo solo ricordare quanto dobbiamo imparare in qualsiasi occupazione dopo aver completato la nostra formazione teorica, quanta parte della nostra vita lavorativa dedichiamo all'apprendimento di particolari lavori e quanto sia preziosa, in tutti i settori della vita, la conoscenza delle persone, delle condizioni locali e delle circostanze particolari. Conoscere e mettere a frutto un macchinario non pienamente utilizzato, o l'abilità di qualcuno che potrebbe essere sfruttata meglio, o essere a conoscenza di un surplus di scorte a cui attingere durante un'interruzione dei rifornimenti, è socialmente utile quanto la conoscenza di tecniche alternative migliori. E lo spedizioniere che si guadagna da vivere sfruttando viaggi altrimenti vuoti o mezzi pieni di navi da carico, o l'agente immobiliare la cui conoscenza è quasi esclusivamente un'opportunità temporanea, o l'arbitraggista che guadagna dalle differenze locali dei prezzi delle merci, svolgono tutti funzioni eminentemente utili basate su una conoscenza speciale di circostanze dell'attimo fuggente non note ad altri.

È curioso che questo tipo di conoscenza sia oggi generalmente considerata con una sorta di disprezzo e che si pensi che chiunque, grazie a tale conoscenza, ottenga un vantaggio rispetto a qualcuno più dotato di conoscenze teoriche o tecniche, abbia agito in modo quasi disonesto. Ottenere un vantaggio da una migliore conoscenza delle strutture di comunicazione o di trasporto è talvolta considerato quasi disonesto, anche se è altrettanto importante che la società si avvalga delle migliori opportunità in questo senso come nell'utilizzo delle ultime scoperte scientifiche. Questo pregiudizio ha influenzato in misura considerevole l'atteggiamento verso il commercio in generale rispetto a quello verso la produzione. Anche gli economisti che si considerano definitivamente immuni dalle grossolane fallacie materialiste del passato commettono costantemente lo stesso errore quando si tratta di attività dirette all'acquisizione di tali conoscenze pratiche - evidentemente perché nel loro schema di cose si suppone che tutte queste conoscenze siano “date”. L'idea comune oggi sembra essere quella che tutte queste conoscenze debbano essere facilmente accessibili a tutti, e il rimprovero di irrazionalità mosso all'ordine economico esistente si basa spesso sul fatto che non sono così disponibili. Questo punto di vista non tiene conto del fatto che il metodo per rendere tali conoscenze il più possibile disponibili è proprio il problema a cui dobbiamo trovare una risposta.

IV

Se oggi è di moda minimizzare l'importanza della conoscenza delle circostanze particolari di tempo e di luogo, ciò è strettamente legato alla minore importanza che oggi viene attribuita al cambiamento in quanto tale. In effetti, sono pochi i punti in cui le ipotesi formulate (di solito solo implicitamente) dai “pianificatori” differiscono da quelle dei loro avversari quanto l'importanza e la frequenza dei cambiamenti che renderanno necessarie modifiche sostanziali dei piani di produzione. Naturalmente, se si potessero stabilire in anticipo piani economici dettagliati per periodi abbastanza lunghi e poi rispettarli strettamente, in modo da non richiedere ulteriori decisioni economiche di rilievo, il compito di elaborare un piano globale che regoli tutta l'attività economica sarebbe molto meno formidabile.

Vale forse la pena di sottolineare che i problemi economici sorgono sempre e solo in conseguenza del cambiamento. Finché le cose continuano come prima, o almeno come ci si aspettava, non sorgono nuovi problemi che richiedano una decisione, né la necessità di elaborare un nuovo piano. La convinzione che i cambiamenti, o almeno gli aggiustamenti quotidiani, siano diventati meno importanti nei tempi moderni implica la convinzione che anche i problemi economici siano diventati meno importanti. Questa convinzione della minore importanza del cambiamento è, per questo motivo, di solito sostenuta dalle stesse persone che affermano che l'importanza delle considerazioni economiche è stata messa in secondo piano dalla crescente importanza della conoscenza tecnologica.

È vero che, con l'elaborato apparato della produzione moderna, le decisioni economiche sono necessarie solo a lunghi intervalli, come quando si deve costruire una nuova fabbrica o introdurre un nuovo processo? È vero che, una volta costruito un impianto, il resto è tutto più o meno meccanico, determinato dal carattere dell'impianto e che lascia poco da cambiare per adattarsi alle circostanze sempre diverse del momento?

La convinzione affermativa, piuttosto diffusa, non è, per quanto posso accertare, confermata dall'esperienza pratica dell'uomo d'affari. In un'industria comunque competitiva - e solo questa può servire da test - il compito di evitare che i costi aumentino richiede una lotta costante, che assorbe gran parte dell'energia del manager. Quanto sia facile per un manager inefficiente dissipare i differenziali su cui si basa la redditività e quanto sia possibile, con le stesse strutture tecniche, produrre con una grande varietà di costi, sono tra i luoghi comuni dell'esperienza aziendale che non sembrano essere altrettanto familiari nello studio dell'economista. La forza stessa del desiderio, costantemente espresso da produttori e ingegneri, di poter procedere senza essere condizionati da considerazioni sui costi monetari, è una testimonianza eloquente della misura in cui questi fattori entrano nel loro lavoro quotidiano.

Uno dei motivi per cui gli economisti sono sempre più inclini a dimenticare i piccoli cambiamenti costanti che costituiscono l'intero quadro economico è probabilmente la loro crescente preoccupazione per gli aggregati statistici, che mostrano una stabilità molto maggiore rispetto ai movimenti del dettaglio. La stabilità comparativa degli aggregati, tuttavia, non può essere spiegata - come gli statistici sembrano talvolta inclini a fare - con la “legge dei grandi numeri” o con la reciproca compensazione dei cambiamenti casuali. Il numero di elementi con cui abbiamo a che fare non è abbastanza grande perché tali forze accidentali producano stabilità. Il flusso continuo di beni e servizi è mantenuto da costanti aggiustamenti deliberati, da nuove disposizioni prese ogni giorno alla luce di circostanze non conosciute il giorno prima, da B che interviene subito quando A non riesce a consegnare. Anche un impianto di grandi dimensioni e altamente meccanizzato va avanti soprattutto grazie a un ambiente a cui può attingere per ogni sorta di necessità imprevista: tegole per il tetto, cancelleria per i moduli e tutti i mille e uno tipi di attrezzature in cui non può essere autonomo e che i piani per il funzionamento dell'impianto richiedono di essere prontamente disponibili sul mercato.

Questo è forse anche il punto in cui dovrei menzionare brevemente il fatto che il tipo di conoscenza di cui mi sono occupato è una conoscenza che per sua natura non può entrare nelle statistiche e quindi non può essere trasmessa a nessuna autorità centrale in forma statistica. Le statistiche che un'autorità centrale dovrebbe utilizzare dovrebbero essere ottenute proprio astraendo dalle piccole differenze tra le cose, mettendo insieme, come risorse di un unico tipo, elementi che differiscono per ubicazione, qualità e altri particolari, in un modo che può essere molto significativo per la decisione specifica. Ne consegue che la pianificazione centrale basata su informazioni statistiche, per sua natura, non può tenere conto direttamente di queste circostanze di tempo e di luogo e che il pianificatore centrale dovrà trovare un modo o l'altro per lasciare all'“uomo sul posto” le decisioni che dipendono da esse.

V

Se siamo d'accordo sul fatto che il problema economico della società è principalmente quello di un rapido adattamento ai cambiamenti nelle particolari circostanze di tempo e di luogo, ne consegue che le decisioni finali devono essere lasciate alle persone che hanno familiarità con queste circostanze, che conoscono direttamente i cambiamenti rilevanti e le risorse immediatamente disponibili per farvi fronte. Non possiamo aspettarci che questo problema venga risolto comunicando prima tutte queste conoscenze a un consiglio centrale che, dopo averle integrate, emetta i suoi ordini. Dobbiamo risolverlo con una forma di decentramento. Ma questo risponde solo a una parte del problema. Abbiamo bisogno del decentramento perché solo così possiamo assicurarci che la conoscenza delle particolari circostanze di tempo e di luogo venga prontamente utilizzata. Ma l'“uomo sul posto” non può decidere solo sulla base della sua limitata ma intima conoscenza dei fatti del suo ambiente immediato. Rimane ancora il problema di comunicargli le ulteriori informazioni di cui ha bisogno per inserire le sue decisioni nell'intero schema dei cambiamenti del sistema economico più ampio.

Di quante conoscenze ha bisogno per farlo con successo? Quali eventi che accadono al di là dell'orizzonte della sua conoscenza immediata sono rilevanti per la sua decisione immediata, e quanto di essi deve conoscere?

Non c'è quasi nulla che accada in qualsiasi parte del mondo che non abbia un effetto sulla decisione che deve prendere. Ma non è necessario che egli conosca questi eventi in quanto tali, né tutti i loro effetti. Per lui non è importante sapere perché in un determinato momento sono richieste più viti di una certa dimensione che di un'altra, perché i sacchetti di carta sono più facilmente disponibili di quelli di tela, o perché la manodopera specializzata, o particolari macchine utensili, sono diventate al momento più difficili da ottenere. Tutto ciò che conta per lui è quanto più o meno difficile sia diventato procurarseli rispetto ad altre cose di cui si occupa anche lui, o quanto più o meno urgenti siano le cose alternative che produce o usa. È sempre una questione di importanza relativa delle cose particolari di cui si occupa, e le cause che alterano la loro importanza relativa non lo interessano oltre all'effetto su quelle cose concrete del suo ambiente.

È a questo proposito che quello che ho chiamato il “calcolo economico” vero e proprio ci aiuta, almeno per analogia, a vedere come questo problema possa essere risolto, e di fatto viene risolto, dal sistema dei prezzi. Anche una singola mente di controllo, in possesso di tutti i dati di un piccolo sistema economico autonomo, non passerebbe in rassegna esplicitamente tutte le relazioni tra fini e mezzi che potrebbero essere influenzate ogni volta che si deve effettuare un piccolo aggiustamento nell'allocazione delle risorse. Il grande contributo della logica pura della scelta è proprio quello di aver dimostrato in modo definitivo che anche una singola mente potrebbe risolvere questo tipo di problema solo costruendo e utilizzando costantemente tassi di equivalenza (o “valori”, o “tassi marginali di sostituzione”), cioè attribuendo a ogni tipo di risorsa scarsa un indice numerico che non può essere derivato da alcuna proprietà posseduta da quella particolare cosa, ma che riflette, o in cui è condensato, il suo significato in vista dell'intera struttura mezzi-fini. In ogni piccolo cambiamento egli dovrà considerare solo questi indici quantitativi (o “valori”) in cui si concentrano tutte le informazioni rilevanti; e, aggiustando le quantità una per una, potrà riorganizzare in modo appropriato le sue disposizioni senza dover risolvere l'intero puzzle ab initio o senza doverlo esaminare subito in tutte le sue ramificazioni.

Fondamentalmente, in un sistema in cui la conoscenza dei fatti rilevanti è dispersa tra molte persone, i prezzi possono agire per coordinare le azioni separate di persone diverse nello stesso modo in cui i valori soggettivi aiutano l'individuo a coordinare le parti del suo piano. Vale la pena di contemplare per un momento un caso molto semplice e banale dell'azione del sistema dei prezzi per vedere cosa realizza precisamente. Supponiamo che da qualche parte nel mondo sia sorta una nuova opportunità per l'utilizzo di una materia prima, ad esempio lo stagno, o che una delle fonti di approvvigionamento dello stagno sia stata eliminata. Ai nostri fini non importa - ed è molto significativo che non importi - quale di queste due cause abbia reso lo stagno più scarso. Tutto ciò che gli utilizzatori di stagno devono sapere è che una parte dello stagno che consumavano è ora impiegata in modo più redditizio altrove e che, di conseguenza, devono risparmiare stagno. La grande maggioranza di loro non ha nemmeno bisogno di sapere dove è sorto il bisogno più urgente, o a favore di quali altri bisogni dovrebbero ridurre la fornitura. Se solo alcuni di loro conoscono direttamente la nuova domanda e vi destinano risorse, e se le persone che sono consapevoli della nuova lacuna così creata la colmano a loro volta da altre fonti, l'effetto si diffonderà rapidamente in tutto il sistema economico e influenzerà non solo tutti gli usi dello stagno, ma anche quelli dei suoi sostituti e i sostituti di questi sostituti, l'offerta di tutte le cose fatte di stagno e i loro sostituti, e così via; e tutto questo senza che la grande maggioranza di coloro che contribuiscono a determinare queste sostituzioni sappia nulla della causa originale di questi cambiamenti. L'insieme agisce come un unico mercato, non perché uno qualsiasi dei suoi membri esamini l'intero campo, ma perché i loro limitati campi visivi individuali si sovrappongono sufficientemente in modo che, attraverso molti intermediari, le informazioni rilevanti vengano comunicate a tutti. Il semplice fatto che esista un unico prezzo per qualsiasi merce - o piuttosto che i prezzi locali siano collegati in modo determinato dal costo del trasporto, eccetera - porta alla soluzione che (è solo concettualmente possibile) potrebbe essere stata raggiunta da un'unica mente in possesso di tutte le informazioni che in realtà sono disperse tra tutte le persone coinvolte nel processo.

VI

Per comprendere la sua reale funzione, dobbiamo considerare il sistema dei prezzi come un meccanismo di comunicazione delle informazioni, funzione che, ovviamente, svolge in modo meno perfetto man mano che i prezzi diventano più rigidi (anche quando i prezzi quotati sono diventati abbastanza rigidi, tuttavia, le forze che opererebbero attraverso le variazioni di prezzo continuano a operare in misura considerevole attraverso le variazioni degli altri termini del contratto). Il fatto più significativo di questo sistema è l'economia di conoscenza con cui opera, ovvero quanto poco devono sapere i singoli partecipanti per poter intraprendere l'azione giusta. In forma abbreviata, attraverso una sorta di simbolo, vengono trasmesse solo le informazioni più essenziali e solo agli interessati. È più di una metafora descrivere il sistema dei prezzi come una sorta di macchinario per registrare il cambiamento, o un sistema di telecomunicazioni che consente ai singoli produttori di osservare semplicemente il movimento di alcuni indicatori, come un ingegnere potrebbe osservare le lancette di alcuni quadranti, al fine di adeguare le proprie attività a cambiamenti di cui non potranno mai sapere più di quanto si rifletta nel movimento dei prezzi.

Naturalmente, questi aggiustamenti probabilmente non sono mai “perfetti” nel senso in cui li concepisce l'economista nella sua analisi di equilibrio. Ma temo che la nostra abitudine teorica di affrontare il problema con l'ipotesi di una conoscenza più o meno perfetta da parte di quasi tutti ci abbia reso un po' ciechi rispetto alla vera funzione del meccanismo dei prezzi e ci abbia portato ad applicare standard piuttosto fuorvianti nel giudicare la sua efficienza. La meraviglia è che in un caso come quello della scarsità di una materia prima, senza che venga emesso un ordine, senza che più di una manciata di persone ne conoscano la causa, decine di migliaia di persone, la cui identità non potrebbe essere accertata con mesi di indagini, siano indotte a utilizzare la materia o i suoi prodotti con maggiore parsimonia; cioè, si muovono nella giusta direzione. Questo è già un miracolo, anche se, in un mondo in continua evoluzione, non tutti si troveranno così bene da mantenere i loro tassi di profitto sempre allo stesso livello costante o “normale”.

Ho usato deliberatamente la parola “meraviglia” per scuotere il lettore dalla compiacenza con cui spesso diamo per scontato il funzionamento di questo meccanismo. Sono convinto che se fosse il risultato di un disegno umano deliberato, e se le persone guidate dalle variazioni di prezzo capissero che le loro decisioni hanno un significato che va ben oltre il loro scopo immediato, questo meccanismo sarebbe stato acclamato come uno dei più grandi trionfi della mente umana. La sua sfortuna è duplice: non è il prodotto di un progetto umano e le persone guidate da esso di solito non sanno perché sono costrette a fare ciò che fanno. Ma coloro che chiedono a gran voce una “direzione consapevole” - e che non possono credere che qualcosa che si è evoluto senza un progetto (e persino senza che noi lo comprendessimo) debba risolvere problemi che non dovremmo essere in grado di risolvere consapevolmente - dovrebbero ricordarlo: Il problema è proprio come estendere la portata del nostro utilizzo delle risorse al di là della portata del controllo di una singola mente; e quindi, come fare a meno della necessità di un controllo cosciente e come fornire incentivi che facciano fare agli individui le cose desiderabili senza che nessuno debba dire loro cosa fare.

Il problema che incontriamo qui non è affatto peculiare dell'economia, ma si pone in relazione a quasi tutti i fenomeni veramente sociali, al linguaggio e alla maggior parte della nostra eredità culturale, e costituisce davvero il problema teorico centrale di tutte le scienze sociali. Come ha detto Alfred Whitehead in un altro contesto, “è un'ovvietà profondamente errata, ripetuta da tutti i libri di testo e da persone eminenti quando fanno discorsi, che dovremmo coltivare l'abitudine di pensare a ciò che stiamo facendo. È esattamente il contrario. La civiltà progredisce ampliando il numero di operazioni importanti che possiamo compiere senza pensarci”.

Questo ha un significato profondo in campo sociale. Facciamo un uso costante di formule, simboli e regole di cui non comprendiamo il significato e attraverso le quali ci avvaliamo dell'aiuto di conoscenze che individualmente non possediamo. Abbiamo sviluppato queste pratiche e istituzioni basandoci su abitudini e istituzioni che si sono dimostrate vincenti nel loro ambito e che a loro volta sono diventate le fondamenta della civiltà che abbiamo costruito.

Il sistema dei prezzi è solo una di quelle formazioni che l'uomo ha imparato a usare (anche se è ancora molto lontano dall'aver imparato a farne l'uso migliore) dopo essersi imbattuto in esso senza comprenderlo. Attraverso di essa è diventata possibile non solo una divisione del lavoro, ma anche un utilizzo coordinato delle risorse basato su una conoscenza equamente suddivisa. Le persone che amano deridere qualsiasi suggerimento in tal senso di solito distorcono l'argomentazione insinuando che essa asserisca che per miracolo sia cresciuto spontaneamente proprio quel tipo di sistema che meglio si adatta alla civiltà moderna. È il contrario: l'uomo ha potuto sviluppare la divisione del lavoro su cui si basa la nostra civiltà perché si è imbattuto in un metodo che l'ha resa possibile. Se non l'avesse fatto, avrebbe potuto sviluppare un altro tipo di civiltà, completamente diverso, come lo “stato” delle formiche termiti, o un altro tipo del tutto inimmaginabile. Tutto ciò che possiamo dire è che nessuno è ancora riuscito a progettare un sistema alternativo in cui si possano conservare alcune caratteristiche di quello esistente che stanno a cuore anche a coloro che lo attaccano più violentemente - come, in particolare, la misura in cui l'individuo può scegliere le proprie attività e, di conseguenza, utilizzare liberamente le proprie conoscenze e abilità.

VII

È per molti versi una fortuna che la disputa sull'indispensabilità del sistema dei prezzi per qualsiasi calcolo razionale in una società complessa non sia più condotta interamente tra schieramenti che hanno opinioni politiche diverse. La tesi secondo cui senza il sistema dei prezzi non potremmo conservare una società basata su una divisione del lavoro così estesa come la nostra fu accolta con un urlo di scherno quando fu avanzata per la prima volta da von Mises venticinque anni fa. Oggi le difficoltà che alcuni ancora trovano nell'accettarlo non sono più principalmente politiche, e questo rende l'atmosfera molto più favorevole a una discussione ragionevole. Quando Leon Trotsky sostiene che “la contabilità economica è impensabile senza relazioni di mercato”; quando il professor Oscar Lange promette al professor von Mises una statua nelle sale di marmo del futuro Consiglio Centrale di Pianificazione; e quando il professor Abba P. Lerner riscopre Adam Smith e sottolinea che l'utilità essenziale del sistema dei prezzi consiste nell'indurre l'individuo, pur cercando il proprio interesse, a fare ciò che è nell'interesse generale, le differenze non possono più essere attribuite a pregiudizi politici. Il restante dissenso sembra chiaramente dovuto a differenze puramente intellettuali, e più in particolare metodologiche.

Una recente dichiarazione del professor Joseph Schumpeter nel suo Capitalismo, socialismo e democrazia fornisce una chiara illustrazione di una delle differenze metodologiche che ho in mente. Il suo autore è il primo tra gli economisti che si avvicinano ai fenomeni economici alla luce di una certa branca del positivismo. Per lui questi fenomeni appaiono quindi come quantità oggettivamente date di merci che impattano direttamente l'una sull'altra, quasi, sembrerebbe, senza alcun intervento della mente umana. Solo in questo contesto posso spiegare il seguente (per me sorprendente) pronunciamento. Il professor Schumpeter sostiene che la possibilità di un calcolo razionale in assenza di mercati per i fattori di produzione deriva per il teorico “dalla proposizione elementare che i consumatori, nel valutare (”esigere“) i beni di consumo, valutano ipso facto anche i mezzi di produzione che entrano nella produzione di questi beni.” [1]

Presa alla lettera, questa affermazione è semplicemente falsa. I consumatori non fanno nulla del genere. L'espressione “ipso facto” del professor Schumpeter significa presumibilmente che la valutazione dei fattori di produzione è implicita o deriva necessariamente dalla valutazione dei beni dei consumatori. Ma anche questo non è corretto. L'implicazione è una relazione logica che può essere affermata in modo significativo solo per proposizioni simultaneamente presenti a una stessa mente. È evidente, tuttavia, che i valori dei fattori di produzione non dipendono solo dalla valutazione dei beni dei consumatori, ma anche dalle condizioni di fornitura dei vari fattori di produzione. Solo una mente in cui tutti questi fatti fossero noti contemporaneamente potrebbe trovare la risposta in base ai fatti che le sono stati forniti. Il problema pratico, tuttavia, sorge proprio perché questi fatti non sono mai così noti a una sola mente e perché, di conseguenza, è necessario che nella soluzione del problema si utilizzino conoscenze disperse tra molte persone.

Il problema, quindi, non è affatto risolto se riusciamo a dimostrare che tutti i fatti, se fossero noti a un'unica mente (come ipoteticamente supponiamo siano dati all'economista osservatore), determinerebbero in modo univoco la soluzione; dobbiamo invece mostrare come una soluzione sia prodotta dalle interazioni di persone ciascuna delle quali possiede solo una conoscenza parziale. Assumere che tutta la conoscenza sia data a un'unica mente nello stesso modo in cui assumiamo che sia data a noi economisti spiegatori significa assumere il problema e ignorare tutto ciò che è importante e significativo nel mondo reale.

Il fatto che un economista del calibro del professor Schumpeter sia caduto nella trappola che l'ambiguità del termine “dato” tende agli incauti non può essere spiegato come un semplice errore. Suggerisce piuttosto che c'è qualcosa di fondamentalmente sbagliato in un approccio che abitualmente ignora una parte essenziale dei fenomeni con cui abbiamo a che fare: l'inevitabile imperfezione della conoscenza dell'uomo e la conseguente necessità di un processo attraverso il quale la conoscenza viene costantemente comunicata e acquisita. Qualsiasi approccio, come quello di gran parte dell'economia matematica con le sue equazioni simultanee, che in effetti parte dal presupposto che la conoscenza delle persone corrisponda ai fatti oggettivi della situazione, tralascia sistematicamente quello che è il nostro compito principale di spiegare. Non nego che nel nostro sistema l'analisi dell'equilibrio abbia una funzione utile da svolgere. Ma quando arriva al punto di indurre alcuni dei nostri principali pensatori a credere che la situazione che descrive abbia una rilevanza diretta per la soluzione di problemi pratici, è giunto il momento di ricordare che non si occupa affatto del processo sociale e che non è altro che un utile preliminare allo studio del problema principale.

Friedrich A. Hayek

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EigenLayer has garnered widespread attention in the blockchain world, introducing two new primitives: ReStaking and AVS (Active Verification Service).

By combining ReStaking and AVS, EigenLayer has formed a comprehensive business model. It abstracts the economic security of Ethereum's PoS consensus into a "lite" version of AVS with lower consensus security but reduced costs, thus providing more economical consensus security services for various projects in the market. This allows EigenLayer to serve projects with lower consensus security requirements at a lower cost, expanding the application scenarios of the Ethereum ecosystem.

These primitives not only bring new business models to the Ethereum ecosystem but also offer developers and users new possibilities. This article will delve into EigenLayer's AVS, exploring its operational mechanisms, application scenarios, and future developments.

Interpreting Ethereum's Business Model: As a blockchain giant, Ethereum's business model primarily revolves around selling block space to general Rollup L2 (Layer 2 scaling solutions). Rollup L2 packages state data and transactions onto Ethereum's mainnet smart contracts by paying GAS fees, storing them in the form of calldata on the Ethereum mainnet.

Final, these data are ordered by the consensus layer of Ethereum and included in the block. The essence of this process is Ethereum's active validation of Rollup L2's state data consistency.

Introduction to ReStaking Concept: ReStaking is a new primitive introduced by EigenLayer to enhance the economic security of Ethereum's Proof of Stake (PoS) consensus through a re-staking mechanism. Simply put, ReStaking allows users to restake already staked ETH or Liquidity Staking Tokens (LST) to earn additional staking rewards. This mechanism not only enhances the security of the Ethereum network but also provides stakers with an additional source of income.

Introduction to AVS Concept: AVS, namely Active Verification Service, is another key primitive of EigenLayer. It abstracts the Ethereum consensus process into a new primitive, enabling different projects to leverage this consensus security to enhance their own security. The target market of AVS mainly includes projects with lower requirements for consensus security, such as Dapp Rollups, oracle networks, cross-chain bridges, MPC multi-signature networks, and trusted execution environments.

Background of AVS and Corresponding Industry Pain Points: The introduction of AVS is to address several key pain points that have long existed in the blockchain industry:

1. Security and Economic Costs:

In traditional blockchain projects, developers need to independently build and maintain their own consensus mechanisms, which not only takes time and effort but also requires a considerable amount of economic costs. For many startups and small-scale applications, this is a significant barrier. AVS significantly reduces the cost and complexity of project development by providing shared consensus security, enabling more innovative projects to emerge in the Ethereum ecosystem.

1. Decentralization and Trust Issues:

Many blockchain applications rely on decentralized verification services, but building a reliable decentralized network requires a significant amount of resources and technical accumulation. AVS abstracts Ethereum's consensus security into a service, providing a standardized solution to help projects quickly build decentralized verification networks, enhancing trust and reliability.

1. Scalability and Flexibility:

As blockchain technology advances, application scenarios become more diverse. Traditional blockchain architectures are increasingly constrained when facing these new demands. AVS's modular design allows developers to flexibly choose and combine different verification services according to specific requirements, achieving efficient scalability and flexibility to meet various complex application needs.

Introduction to AVS Operational Mechanism: The operational mechanism of AVS can be divided into the following key steps:

1. Task Generation and Publication:

AVS first generates tasks that need to be verified and publishes these tasks to the EigenLayer network. Tasks can include data validation, transaction sorting, or other distributed verification operations.

1. Operator Receives Tasks:

Operators registered on the EigenLayer network receive these tasks and perform the corresponding verification operations. Operators need to run specialized node software and perform calculations and verification according to task requirements.

1. Task Verification and Signing:

After completing the tasks, operators sign the results and send the signed results to the task aggregator. The signing process ensures the authenticity and integrity of the task results.

1. Result Aggregation and Publication:

The task aggregator collects signed results from different operators and aggregates them. Once the predetermined quorum threshold is reached, the aggregated results are published to EigenLayer's smart contracts.

1. Dispute Resolution:

After the task results are published, anyone can dispute the results. Dispute resolution contracts handle these disputes and penalize dishonest operators if necessary.

Through this mechanism, AVS ensures the decentralization and security of the verification process while providing flexible verification services.

Applications of AVS: AVS has wide-ranging applications in the blockchain ecosystem, here are several typical scenarios:

1. Dapp Rollup:

Dapp Rollup is one of the key application scenarios for AVS. By leveraging AVS, Dapp Rollup can build more efficient and secure applications on top of Ethereum, including decentralized finance (DeFi), gaming, and social networks.

1. Oracle Networks:

Oracle networks rely on the reliability and security of external data sources. Through AVS, oracle networks can enhance the security of their data verification, thus providing more reliable data services for applications like DeFi.

1. Cross-chain bridges:

Cross-chain bridges facilitate the exchange of data and assets across different blockchains. AVS enhances the security of cross-chain bridges, ensuring the safe transfer of data and assets between different blockchains.

1. MPC Multi-signature Networks:

MPC multi-signature networks rely on the cooperation of multiple parties to complete signatures. With AVS, the security and reliability of cooperation can be improved, applicable in areas like multi-party computation and privacy-preserving computation.

1. Trusted Execution Environments:

Trusted execution environments require code execution in trusted hardware. AVS enhances the security of execution environments, ensuring the integrity and security of code executed in trusted hardware.

Core advantages and application scenarios of AVS: AVS not only brings new application scenarios to the Ethereum ecosystem but also has the following advantages:

1. Enhanced economic security:

Through ReStaking, AVS can utilize the existing PoS consensus of Ethereum to enhance economic security, reducing the entry barriers for developers and users.

1. Cost reduction:

AVS abstracts consensus security into a "basic version" of AVS, reducing the cost of consensus security services, making it accessible to more projects.

1. Increased flexibility:

AVS provides flexible consensus security services for various projects, enabling them to better perform in different application scenarios.

It's worth noting that with the development of the EigenLayer ecosystem, the future application prospects of AVS will be even broader. Here are some potential future directions:

1. Expanding into more application scenarios:

AVS can expand into more application scenarios in fields such as supply chain management, Internet of Things (IoT), and artificial intelligence (AI), driving the development of these areas by providing efficient consensus security services.

1. Improving scalability:

As blockchain technology continues to evolve, AVS can optimize its architecture to improve system scalability to meet more application demands and higher transaction volumes.

1. Strengthening interoperability with other blockchains:

By interoperating with other blockchains, AVS can provide more comprehensive consensus security services, promoting the development and adoption of cross-chain applications.

Closing Remark: AVS is poised to become a significant application sector in the blockchain world. EigenLayer's AVS introduces innovative ReStaking and AVS primitives, bringing forth fresh business models and application scenarios to the Ethereum ecosystem.

By providing inexpensive and efficient consensus security services, AVS not only expands the application boundaries of Ethereum but also opens up new possibilities for the future development of the blockchain ecosystem.

With technology advancing continuously and applications expanding, AVS is poised to become a crucial component of the blockchain world in the future.

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In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 17652208:c1ccf950

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ 55819c40:498febf6

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ 55819c40:498febf6

EigenLayer has garnered widespread attention in the blockchain world, introducing two new primitives: ReStaking and AVS (Active Verification Service).

By combining ReStaking and AVS, EigenLayer has formed a comprehensive business model. It abstracts the economic security of Ethereum's PoS consensus into a "lite" version of AVS with lower consensus security but reduced costs, thus providing more economical consensus security services for various projects in the market. This allows EigenLayer to serve projects with lower consensus security requirements at a lower cost, expanding the application scenarios of the Ethereum ecosystem.

These primitives not only bring new business models to the Ethereum ecosystem but also offer developers and users new possibilities. This article will delve into EigenLayer's AVS, exploring its operational mechanisms, application scenarios, and future developments.

Interpreting Ethereum's Business Model: As a blockchain giant, Ethereum's business model primarily revolves around selling block space to general Rollup L2 (Layer 2 scaling solutions). Rollup L2 packages state data and transactions onto Ethereum's mainnet smart contracts by paying GAS fees, storing them in the form of calldata on the Ethereum mainnet.

Final, these data are ordered by the consensus layer of Ethereum and included in the block. The essence of this process is Ethereum's active validation of Rollup L2's state data consistency.

Introduction to ReStaking Concept: ReStaking is a new primitive introduced by EigenLayer to enhance the economic security of Ethereum's Proof of Stake (PoS) consensus through a re-staking mechanism. Simply put, ReStaking allows users to restake already staked ETH or Liquidity Staking Tokens (LST) to earn additional staking rewards. This mechanism not only enhances the security of the Ethereum network but also provides stakers with an additional source of income.

Introduction to AVS Concept: AVS, namely Active Verification Service, is another key primitive of EigenLayer. It abstracts the Ethereum consensus process into a new primitive, enabling different projects to leverage this consensus security to enhance their own security. The target market of AVS mainly includes projects with lower requirements for consensus security, such as Dapp Rollups, oracle networks, cross-chain bridges, MPC multi-signature networks, and trusted execution environments.

Background of AVS and Corresponding Industry Pain Points: The introduction of AVS is to address several key pain points that have long existed in the blockchain industry:

1. Security and Economic Costs:

In traditional blockchain projects, developers need to independently build and maintain their own consensus mechanisms, which not only takes time and effort but also requires a considerable amount of economic costs. For many startups and small-scale applications, this is a significant barrier. AVS significantly reduces the cost and complexity of project development by providing shared consensus security, enabling more innovative projects to emerge in the Ethereum ecosystem.

1. Decentralization and Trust Issues:

Many blockchain applications rely on decentralized verification services, but building a reliable decentralized network requires a significant amount of resources and technical accumulation. AVS abstracts Ethereum's consensus security into a service, providing a standardized solution to help projects quickly build decentralized verification networks, enhancing trust and reliability.

1. Scalability and Flexibility:

As blockchain technology advances, application scenarios become more diverse. Traditional blockchain architectures are increasingly constrained when facing these new demands. AVS's modular design allows developers to flexibly choose and combine different verification services according to specific requirements, achieving efficient scalability and flexibility to meet various complex application needs.

Introduction to AVS Operational Mechanism: The operational mechanism of AVS can be divided into the following key steps:

1. Task Generation and Publication:

AVS first generates tasks that need to be verified and publishes these tasks to the EigenLayer network. Tasks can include data validation, transaction sorting, or other distributed verification operations.

1. Operator Receives Tasks:

Operators registered on the EigenLayer network receive these tasks and perform the corresponding verification operations. Operators need to run specialized node software and perform calculations and verification according to task requirements.

1. Task Verification and Signing:

After completing the tasks, operators sign the results and send the signed results to the task aggregator. The signing process ensures the authenticity and integrity of the task results.

1. Result Aggregation and Publication:

The task aggregator collects signed results from different operators and aggregates them. Once the predetermined quorum threshold is reached, the aggregated results are published to EigenLayer's smart contracts.

1. Dispute Resolution:

After the task results are published, anyone can dispute the results. Dispute resolution contracts handle these disputes and penalize dishonest operators if necessary.

Through this mechanism, AVS ensures the decentralization and security of the verification process while providing flexible verification services.

Applications of AVS: AVS has wide-ranging applications in the blockchain ecosystem, here are several typical scenarios:

1. Dapp Rollup:

Dapp Rollup is one of the key application scenarios for AVS. By leveraging AVS, Dapp Rollup can build more efficient and secure applications on top of Ethereum, including decentralized finance (DeFi), gaming, and social networks.

1. Oracle Networks:

Oracle networks rely on the reliability and security of external data sources. Through AVS, oracle networks can enhance the security of their data verification, thus providing more reliable data services for applications like DeFi.

1. Cross-chain bridges:

Cross-chain bridges facilitate the exchange of data and assets across different blockchains. AVS enhances the security of cross-chain bridges, ensuring the safe transfer of data and assets between different blockchains.

1. MPC Multi-signature Networks:

MPC multi-signature networks rely on the cooperation of multiple parties to complete signatures. With AVS, the security and reliability of cooperation can be improved, applicable in areas like multi-party computation and privacy-preserving computation.

1. Trusted Execution Environments:

Trusted execution environments require code execution in trusted hardware. AVS enhances the security of execution environments, ensuring the integrity and security of code executed in trusted hardware.

Core advantages and application scenarios of AVS: AVS not only brings new application scenarios to the Ethereum ecosystem but also has the following advantages:

1. Enhanced economic security:

Through ReStaking, AVS can utilize the existing PoS consensus of Ethereum to enhance economic security, reducing the entry barriers for developers and users.

1. Cost reduction:

AVS abstracts consensus security into a "basic version" of AVS, reducing the cost of consensus security services, making it accessible to more projects.

1. Increased flexibility:

AVS provides flexible consensus security services for various projects, enabling them to better perform in different application scenarios.

It's worth noting that with the development of the EigenLayer ecosystem, the future application prospects of AVS will be even broader. Here are some potential future directions:

1. Expanding into more application scenarios:

AVS can expand into more application scenarios in fields such as supply chain management, Internet of Things (IoT), and artificial intelligence (AI), driving the development of these areas by providing efficient consensus security services.

1. Improving scalability:

As blockchain technology continues to evolve, AVS can optimize its architecture to improve system scalability to meet more application demands and higher transaction volumes.

1. Strengthening interoperability with other blockchains:

By interoperating with other blockchains, AVS can provide more comprehensive consensus security services, promoting the development and adoption of cross-chain applications.

Closing Remark: AVS is poised to become a significant application sector in the blockchain world. EigenLayer's AVS introduces innovative ReStaking and AVS primitives, bringing forth fresh business models and application scenarios to the Ethereum ecosystem.

By providing inexpensive and efficient consensus security services, AVS not only expands the application boundaries of Ethereum but also opens up new possibilities for the future development of the blockchain ecosystem.

With technology advancing continuously and applications expanding, AVS is poised to become a crucial component of the blockchain world in the future.

@ 55819c40:498febf6

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ bc28e497:47ee86bd

EigenLayer has garnered widespread attention in the blockchain world, introducing two new primitives: ReStaking and AVS (Active Verification Service).

By combining ReStaking and AVS, EigenLayer has formed a comprehensive business model. It abstracts the economic security of Ethereum's PoS consensus into a "lite" version of AVS with lower consensus security but reduced costs, thus providing more economical consensus security services for various projects in the market. This allows EigenLayer to serve projects with lower consensus security requirements at a lower cost, expanding the application scenarios of the Ethereum ecosystem.

These primitives not only bring new business models to the Ethereum ecosystem but also offer developers and users new possibilities. This article will delve into EigenLayer's AVS, exploring its operational mechanisms, application scenarios, and future developments.

Interpreting Ethereum's Business Model: As a blockchain giant, Ethereum's business model primarily revolves around selling block space to general Rollup L2 (Layer 2 scaling solutions). Rollup L2 packages state data and transactions onto Ethereum's mainnet smart contracts by paying GAS fees, storing them in the form of calldata on the Ethereum mainnet.

Final, these data are ordered by the consensus layer of Ethereum and included in the block. The essence of this process is Ethereum's active validation of Rollup L2's state data consistency.

Introduction to ReStaking Concept: ReStaking is a new primitive introduced by EigenLayer to enhance the economic security of Ethereum's Proof of Stake (PoS) consensus through a re-staking mechanism. Simply put, ReStaking allows users to restake already staked ETH or Liquidity Staking Tokens (LST) to earn additional staking rewards. This mechanism not only enhances the security of the Ethereum network but also provides stakers with an additional source of income.

Introduction to AVS Concept: AVS, namely Active Verification Service, is another key primitive of EigenLayer. It abstracts the Ethereum consensus process into a new primitive, enabling different projects to leverage this consensus security to enhance their own security. The target market of AVS mainly includes projects with lower requirements for consensus security, such as Dapp Rollups, oracle networks, cross-chain bridges, MPC multi-signature networks, and trusted execution environments.

Background of AVS and Corresponding Industry Pain Points: The introduction of AVS is to address several key pain points that have long existed in the blockchain industry:

1. Security and Economic Costs:

In traditional blockchain projects, developers need to independently build and maintain their own consensus mechanisms, which not only takes time and effort but also requires a considerable amount of economic costs. For many startups and small-scale applications, this is a significant barrier. AVS significantly reduces the cost and complexity of project development by providing shared consensus security, enabling more innovative projects to emerge in the Ethereum ecosystem.

1. Decentralization and Trust Issues:

Many blockchain applications rely on decentralized verification services, but building a reliable decentralized network requires a significant amount of resources and technical accumulation. AVS abstracts Ethereum's consensus security into a service, providing a standardized solution to help projects quickly build decentralized verification networks, enhancing trust and reliability.

1. Scalability and Flexibility:

As blockchain technology advances, application scenarios become more diverse. Traditional blockchain architectures are increasingly constrained when facing these new demands. AVS's modular design allows developers to flexibly choose and combine different verification services according to specific requirements, achieving efficient scalability and flexibility to meet various complex application needs.

Introduction to AVS Operational Mechanism: The operational mechanism of AVS can be divided into the following key steps:

1. Task Generation and Publication:

AVS first generates tasks that need to be verified and publishes these tasks to the EigenLayer network. Tasks can include data validation, transaction sorting, or other distributed verification operations.

1. Operator Receives Tasks:

Operators registered on the EigenLayer network receive these tasks and perform the corresponding verification operations. Operators need to run specialized node software and perform calculations and verification according to task requirements.

1. Task Verification and Signing:

After completing the tasks, operators sign the results and send the signed results to the task aggregator. The signing process ensures the authenticity and integrity of the task results.

1. Result Aggregation and Publication:

The task aggregator collects signed results from different operators and aggregates them. Once the predetermined quorum threshold is reached, the aggregated results are published to EigenLayer's smart contracts.

1. Dispute Resolution:

After the task results are published, anyone can dispute the results. Dispute resolution contracts handle these disputes and penalize dishonest operators if necessary.

Through this mechanism, AVS ensures the decentralization and security of the verification process while providing flexible verification services.

Applications of AVS: AVS has wide-ranging applications in the blockchain ecosystem, here are several typical scenarios:

1. Dapp Rollup:

Dapp Rollup is one of the key application scenarios for AVS. By leveraging AVS, Dapp Rollup can build more efficient and secure applications on top of Ethereum, including decentralized finance (DeFi), gaming, and social networks.

1. Oracle Networks:

Oracle networks rely on the reliability and security of external data sources. Through AVS, oracle networks can enhance the security of their data verification, thus providing more reliable data services for applications like DeFi.

1. Cross-chain bridges:

Cross-chain bridges facilitate the exchange of data and assets across different blockchains. AVS enhances the security of cross-chain bridges, ensuring the safe transfer of data and assets between different blockchains.

1. MPC Multi-signature Networks:

MPC multi-signature networks rely on the cooperation of multiple parties to complete signatures. With AVS, the security and reliability of cooperation can be improved, applicable in areas like multi-party computation and privacy-preserving computation.

1. Trusted Execution Environments:

Trusted execution environments require code execution in trusted hardware. AVS enhances the security of execution environments, ensuring the integrity and security of code executed in trusted hardware.

Core advantages and application scenarios of AVS: AVS not only brings new application scenarios to the Ethereum ecosystem but also has the following advantages:

1. Enhanced economic security:

Through ReStaking, AVS can utilize the existing PoS consensus of Ethereum to enhance economic security, reducing the entry barriers for developers and users.

1. Cost reduction:

AVS abstracts consensus security into a "basic version" of AVS, reducing the cost of consensus security services, making it accessible to more projects.

1. Increased flexibility:

AVS provides flexible consensus security services for various projects, enabling them to better perform in different application scenarios.

It's worth noting that with the development of the EigenLayer ecosystem, the future application prospects of AVS will be even broader. Here are some potential future directions:

1. Expanding into more application scenarios:

AVS can expand into more application scenarios in fields such as supply chain management, Internet of Things (IoT), and artificial intelligence (AI), driving the development of these areas by providing efficient consensus security services.

1. Improving scalability:

As blockchain technology continues to evolve, AVS can optimize its architecture to improve system scalability to meet more application demands and higher transaction volumes.

1. Strengthening interoperability with other blockchains:

By interoperating with other blockchains, AVS can provide more comprehensive consensus security services, promoting the development and adoption of cross-chain applications.

Closing Remark: AVS is poised to become a significant application sector in the blockchain world. EigenLayer's AVS introduces innovative ReStaking and AVS primitives, bringing forth fresh business models and application scenarios to the Ethereum ecosystem.

By providing inexpensive and efficient consensus security services, AVS not only expands the application boundaries of Ethereum but also opens up new possibilities for the future development of the blockchain ecosystem.

With technology advancing continuously and applications expanding, AVS is poised to become a crucial component of the blockchain world in the future.

@ bc28e497:47ee86bd

In the booming development of blockchain technology, environmental protection is gradually becoming a highly regarded field. Silencio, as one of the pioneers in this trend, is leveraging blockchain technology to combat noise pollution. Their approach involves innovatively applying decentralized physical infrastructure networks (DePINs), empowering individuals and communities to monitor, report, and manage noise.

Silencio firmly believes that addressing environmental issues requires community involvement. They enable community members to contribute to detailed, real-time, and hyperlocal noise maps, thus promoting shared responsibility and positive attitudes towards improving quality of life. This participatory model ensures that everyone has the ability and means to drive change, making environmental action more tangible and impactful for the general public.

Since the start of the Beta Phase implementation, Silencio has successfully engaged 190,000 users globally in their project. As of May 2, 2024, their contributors have collectively measured 1 million hours (approximately 114 years) of noise data. Yet, their ambitions extend far beyond this milestone; they aim to attract 1 million contributors by the end of 2024, increasing awareness of noise pollution and reducing associated health risks.

Under the leadership of Silencio, we are moving towards a quieter and healthier future.

Introducing Silencio: a Web3 scientific entrepreneurship project combating noise pollution, with an upcoming airdrop. Silencio is a free application designed to be the world’s largest citizen science project against noise pollution. Through Silencio, users can share the sound levels (in decibels) around them and earn rewards for doing so. User data can also generate revenue when sold. The core idea of this project is to improve quality of life by addressing environmental issues through collective action.

With an innovative tokenomics model, Silencio aims to create a sustainable and engaging ecosystem that encourages users to actively combat noise pollution and benefit from their contributions. By collecting accurate real-time data, Silencio hopes to provide data-driven decision support for governments, urban planners, and various industries to formulate more effective noise control strategies and enhance the quality of life for city residents. The project also aims to establish partnerships with businesses and organizations, with a long-term vision of global expansion and comprehensive noise pollution management.

Silencio, built on the peaq network, is a community-driven platform dedicated to tackling the increasingly severe issue of urban noise pollution. By offering Noise coin rewards, it incentivizes users to contribute hyperlocal noise pollution data from their communities or neighborhoods. Silencio employs an innovative economic model, encouraging active participation in combating noise pollution while benefiting from contributions. It revolutionizes noise pollution monitoring by harnessing the power of smartphones, eliminating the need for a large number of fixed environmental sensors. Users can redeem goods and services through the app store or choose to donate Noise coins to meaningful causes like tree planting or protecting endangered rainforests.

Silencio has announced plans for future airdrops, rewarding users based on the sound data they provide or the number of referrals they make. Moreover, the project will roll out more product features in Q2 of 2024, including NFT auctions. Furthermore, to enhance noise governance capabilities, Silencio announced a partnership with NATIX in mid-March this year. This collaboration not only aims to further expand Silencio’s influence but also applies DePINs technology to ecological governance, accelerating innovation in addressing noise pollution.

Understanding the DePIN concept further aids users in comprehending the Silencio project and its future development plans. DePIN, short for Decentralized Physical Infrastructure Networks, incentivizes user participation in optimizing resource utilization efficiency and providing value to network users through token incentives for physical resource networks (PRNs) or digital resource networks (DRNs). DePINs are anchored in decentralization, security, and transparency. Decentralization ensures power and control decentralization, enhances security, and makes unauthorized changes difficult due to the distributed nature of blockchain. Transparency is achieved by recording every transaction and decision on the blockchain, enabling anyone to verify and trust.

Silencio’s partner NATIX is a pioneer in the DePINs field, committed to addressing environmental challenges through distributed physical infrastructure networks. This innovative model not only ensures transparency and security of data through blockchain technology but also drives user engagement through incentive mechanisms, leading to groundbreaking advancements in the environmental sector. The collaboration between Silencio and NATIX not only represents an innovative response to noise pollution but also serves as a catalyst for the development of DePINs in the environmental domain.

NATIX Network is leading the way in open geospatial intelligence networks through its proprietary AI technology and innovative Internet of Cameras framework. Its flagship product, Drive&, harnesses the power of driving assistant applications, computer vision AI, and smartphone cameras to crowdsource real-time data and create dynamic digital twins of our world. This initiative opens doors to numerous real-time applications, from enhancing autonomous driving technology to enabling smarter city services.

This collaboration serves as a testament to DePIN’s innovation in harnessing the transformative potential of smartphones. By leveraging the strengths of Silencio and NATIX, we are unlocking unprecedented scalability and accessibility, bringing Web3 innovation directly into the hands of global users. The collaboration between NATIX and Silencio goes beyond technological advancements; it’s a shared vision of the future, a decentralized, empowered future. Users of both networks can expect exclusive rewards, innovative integrations, and enhanced functionalities, enriching their experiences and contributing to the growth of both networks.

DePINs are built on blockchain technology, which is one of the reasons that makes them truly revolutionary. In addition to supporting infrastructure, blockchain introduces a novel incentive mechanism, namely token rewards. This system drives a sustainable model known as the DePIN flywheel, where token rewards incentivize infrastructure deployment and provide services and rewards to contributors, thereby fueling further growth and participation.

By issuing tokens, participants in DePINs are rewarded for their contributions, whether it’s sharing data, maintaining infrastructure, or contributing resources. This not only ensures the sustainability and growth of the network but also democratizes the benefits of infrastructure. By integrating token rewards, DePINs leverage a cycle of self-sustaining growth and improvement, encouraging broader participation and investment in the network.

DePINs leverages crowdsourcing for infrastructure development, rapidly expanding at lower costs. They distribute ownership and benefits to community members, accelerating growth faster than traditional models. Decentralization ensures power and control dispersion, enhancing security, while transparency makes unauthorized alterations difficult.

The deep integration of decentralization with the eco-friendly concept of DePINs fills Silencio’s future with promise. Silencio’s application along with DePINs’ infrastructure network demonstrate how blockchain promotes data transparency and community involvement, thereby enhancing our quality of life.

Silencio employs blockchain technology and the power of smartphones to combat noise pollution, offering real-time solutions to communities by collecting hyper-local noise data. Simultaneously, DePINs, as a decentralized entity infrastructure network, incentivizes users to participate in infrastructure deployment and operation through token rewards, thereby enhancing urban living standards.

The combination of these two projects showcases the importance of blockchain technology in environmental solutions. Through transparency and reward mechanisms, DePINs expands its network, offering innovative possibilities across industries. Silencio and DePINs represent the fusion of virtual and physical economies, paving the way for a more sustainable future.

Over the next few years, Silencio and DePINs are expected to continue growing, making greater contributions to environmental protection and social improvement. Their success depends on smart design, community involvement, and service quality, which will play crucial roles in their future development. With blockchain technology maturing and applications advancing, we can anticipate these projects thriving in 2024 and 2025, bringing positive change to our society.

@ bc28e497:47ee86bd

Recently, the district0x network has garnered significant attention in the industry. Below is a comprehensive introduction to this project for users.

Getting to Know the district0x Network: Creating a Frictionless Virtual Economy Compatible with Highly Developed Free Markets The district0x network is a collective comprised of decentralized and autonomous markets and communities, also known as districts. These districts are built on a decentralized and distributed open-source framework, powered by the d0xINFRA network driven by Ethereum smart contracts. The goal of the district0x network is to create a frictionless virtual economy, enabling users to easily make purchasing and selling decisions, complete transactions, and even rank other users. district0x aims to develop a flexible, liberated marketplace with advanced entrepreneurial concepts.

The district0x infrastructure is ingeniously designed, with one clear feature being the staking interface. This interface allows DNT holders to exercise open control over all listed markets through the Aragon governance layer. Upon creating a district, an Aragon entity is also created, which users can interact with to engage in the staking mechanism. By staking, users gain voting power within that district. With the creation interface, individuals can remove centralized power structures from any market without requiring additional development or programming skills. This can be likened to WordPress for dApps, where launched districts resemble WordPress templates, and auxiliary modules resemble WordPress plugins used for extending functionality.

While it’s challenging to directly purchase lesser-known cryptocurrencies from crypto exchanges using fiat currency (such as USD or EUR), district0x or DNT can be easily acquired using Ethereum or Bitcoin as the base cryptocurrency from various exchanges. Binance is a popular trading platform facilitating the exchange of Bitcoin or Ethereum for District0x. People can also store district0x (DNT) coins using various wallets like myetherwallet.com. Wallets like Coinbase, Blockchain, Exodus, and Trezor hardware wallets also support district0x.

District0x differs conceptually and architecturally from most currencies. Its interconnected concept of districts and markets offers a novel structure for modern economies. A fact many users overlook is that it’s not just a voting token but also a staking mechanism.

Understanding the developmental core of District0x through the new paradigm of decentralized markets from a technical architecture perspective The district0x network is a collective of markets and communities known as “districts,” which exist as decentralized autonomous organizations on the District0x network. In this network, all districts are built on a standardized open-source framework called d0xINFRA, reminiscent of the Ethlance stack, consisting of Ethereum smart contracts and frontend libraries.

All districts possess the following core operational capabilities, accessible through a user interface in both list and gallery styles:

1. Publishing and Listing: Users can publish their products, services, or content and list them in the marketplace.

2. Searching and Filtering: Convenient search and filtering functionalities are provided, enabling users to quickly find the desired content or services.

3. Ranking and Reputation: A ranking and reputation system is established within the district, aiding users in identifying high-quality products or services.

4. Payment and Invoicing: Support for secure payment and invoicing systems ensures the reliability and transparency of transactions.

On the district0x network, the core of each district is the d0xINFRA Web3 framework. This framework consists of Solidity smart contracts and frontend libraries distributed on IPFS, powering the essential functionalities of the districts. d0xINFRA is designed to be open-source and scalable, allowing for the implementation of unique features and enhancements through plugin auxiliary modules. The backend logic is controlled by a set of d0xINFRA contracts and a set of region-specific contracts, shared across all districts on the network. The design of d0xINFRA enables districts to implement unique features and enhanced functionalities through plugin auxiliary modules.

As a system for coordinating operations, the emergence of Aragon injects new vitality into decentralized governance. As a model for framework design, Ethlance represents the original district and serves as a sandbox for improving d0xINFRA. On this framework, new markets are emerging. ENS Bazaar will provide a peer-to-peer marketplace for exchanging names registered through the Ethereum Name Service, offering users a discoverable registry. Inspired by the Curator Market model, Meme Factory will be a platform for creating provably rare digital assets that can be exchanged immediately on the Ethereum blockchain.

On the district0x network, we usher in a new era of decentralized governance. However, to ensure that every network citizen can participate in the governance of the districts and to ensure coordinated decision-making for the districts, an effective mechanism is needed. Aragon’s emergence fills this gap.

The emergence of Aragon has injected new vitality into decentralized governance. As a groundbreaking platform, Aragon aims to deploy unstoppable companies and entities, providing an operating system for decentralized autonomous organizations. It streamlines organizational management and promotes collective coordination by offering economic incentives. On the district0x network, Aragon’s governance model establishes a solid foundation for regional autonomy, enabling users to participate in the decision-making process and collectively build a fairer and more transparent market environment.

To achieve regional autonomy, we have introduced the District0x Network Token (DNT). DNT is a staking token used by holders to join districts and participate in their governance. Users holding DNT have voting rights within districts and can participate in important decisions concerning them. Additionally, DNT will be used to govern various aspects of the District0x Network and decide on the deployment of future districts through a weighted voting mechanism.

While the ideals are lofty, whether the District0x Network can translate them into reality will test the project’s operational capabilities. The future development of the District0x Network will depend on its ability to continuously drive technological innovation, expand the ecosystem, attract more users and partners, and adapt to regulatory environments and market changes. By introducing decentralized governance and district self-management mechanisms, the District0x Network aims to achieve sustainable development and prosperity. With its strong technical foundation, clear vision and strategy, and initial market successes, District0x is poised to become a significant player in the decentralized marketplace and community sectors. However, its success will also hinge on changes in the external market environment, the sustainability of technological innovation, and the activity and commitment of the community. Moving forward, District0x will continue to focus on meeting community needs, fostering innovation, and growing and strengthening together with its community members.

@ b804f68e:2fb0fa1f

This thought emanated within me while I was having a meaningful conversation with my love. We were talking about how she and I are often seen as the crazy ones for not wanting to settle into a mundane, fiat 9-to-5 life, and not wanting to willingly slave our lives away towards eventual retirement in the name of being "responsible adults" and "living a stable life." Both sides of our family, but especially hers, keep nagging her with questions like, "When are you going to get a full-time job?" or "You need to start making adequate amounts of money to be happy," or "You have to start acting like a responsible adult." Meanwhile, the ones nagging her have those things—a full-time job, financial "stability," "enough" money—and are supposed to be accomplished and "responsible adults," but they are also neck-deep in debt, not at all happy, and lacking financial freedom or any freedom for that matter. And they still expect us to believe and agree with them that this is the way to truly live a life we can only live once? And we're the crazy ones for aspiring to live a meaningful and fulfilling life?

But I've also learned that this way of thinking is not natural but is a product of design, of years and years of programmed, artificial conditioning created to keep us stuck.

And I too would have fallen into the proverbial rat race had I not taken the Orange Pill.

But back to the whole point of this post. Even if you may not understand Bitcoin, and may not understand how the fiat system works, you are able to read the title of this post and ponder over it a bit, reflect on it.

Work to gain experience, not to make money.

In this broken world we live in, we are conditioned to work for money. Money is the motivation; it's what drives us to work. We attach our identity, self-worth, and value to this "money" that everyone here on SN understands is broken, dysfunctional, fake money. Unfortunately, most cannot see past this conditioning. It's the whole fish-doesn't-know-what-water-is conundrum. But there's power in words. They can be used to oppress, manipulate, and corrupt, but they can also do the opposite by freeing our minds, empowering us, and giving us back control over our own livelihood.

When asked, "Why do you work?" most will answer, "For the pay." And I can guarantee that the majority, if not all, who work for money are not happy, are not finding fulfillment in their work, and have no major ambitions or goals to better themselves. Once money becomes the sole motivator, you become stuck, you become a fiat NPC. But maybe if we start changing the words from "I work to make money" to "I work to gain valuable experience to continue my personal growth," gradually more people will find meaning in their job beyond just getting paid to do it. All it takes is a simple shift in mentality, a subtle change in words, and your life can quickly go from dull and gray to full of vibrant color and meaning. And if after further reflection, you realize that money is the primary reason you continue to work at your current job, maybe it's time you moved on.

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Table Of Content

• Content

• Conclusion

• FAQ

• You May Also Like

• External Links

Those shoes fit all of us. The time has come where a friend, acquaintance, or family member of yours approaches you at a social function and asks, "You were into Bitcoin, right?" You're well aware that you have only a short amount of time to capture their interest and provide a summary. How, therefore, can you provide them with a coherent explanation of such an intricate and complicated issue?

To help you out the next time you're in that predicament, I've compiled a list of potential solutions.

CENTRALISATION IS THE ENEMY OF PROPERTY

You can lose control of centralised money in two ways. directly, as in Greece in 2015 and 2016, when people lost 20% of whatever was in their bank accounts to a government haircut; or indirectly, as the United States and the United Kingdom have shown by blocking access to Russian corporations' or individuals' assets during the current crisis in relations surrounding the Ukraine. Second, since all of our fiat currencies are managed by a small group of powerful people, this may be accomplished through inflation: the government creates more money, causing the value of your savings to decrease.

As a decentralised digital currency, Bitcoin is not issued or regulated by any central authority. It's a 21st-century safeguard against inflation and central bank money production, and it's a completely novel form of currency. When compared to the US dollar, it is a provably scarce digital asset backed by a barrier of encrypted real-world energy. After 10 years, the value of these coins has increased to 20,000 times that of the US dollar.

It is deflationary since it is both rare and distributed across the internet, and no one can take it from you if you store it offline.

WHAT EXACTLY IS BITCOIN?

Bitcoin can refer to either the asset (which is now worth 20,000 times its USD value) or the network (which is growing faster than the internet, Facebook, and Amazon combined).Digital rails (a shared distributed ledger where a record of all Bitcoin transactions is recorded) are dispersed over tens of thousands of devices and computers, allowing Bitcoin as an asset to move freely across the network. This digital asset is a 21st-century savings technology that allows you to keep value and money on a smartphone or hardware device known as a wallet using military-grade encryption.

Its purchasers can safely keep the results of their labour (or life force) and material wealth in a digital ledger protected by complex algorithms and cryptographic techniques (through inflation). Once you become fluent in bitcoin terminology, you'll see that anyone who has government-issued currency (which is all of us) is watching their wealth melt like an ice cube in the sun as the fiat value inflates and hyperinflates when evaluated against bitcoin. It's time for everyone to wake up and smell the coffee if they care about their wealth lasting into the future. This is especially true for parents who hope to leave their children a financial legacy. Even though Bitcoin is currently volatile, all signs point to it maintaining its value over the long term, while fiat currencies rapidly lose theirs.

THE BITCOIN NETWORK HAS NEVER BEEN HACKED

Over the next 13 years, Bitcoin's network reliability is unmatched.

IN A NUTSHELL, HOW DOES BITCOIN WORK?

The blockchain is the backbone of Bitcoin. The blocks that make up a blockchain are what give it its name. A new block is added to the blockchain every time it is verified. The process of rewarding miners with freshly created Bitcoin for solving the mathematical challenge used to confirm blocks is baked into the Bitcoin protocol. This is the technique that ensures the Bitcoin blockchain is always secure, but it is also quite energy-intensive.

Bitcoin mining is the resource-intensive process that issues new bitcoins and keeps a record of every bitcoin transaction ever made. Bitcoin miners turn energy from the actual world (both stranded and renewable) into a currency that will last longer than your grandkids. The more power bitcoin miners consume, the more secure and invulnerable the network becomes.

About every 10 minutes, the protocol releases 6.25 coins into circulation. In 2024, the issuance rate will decrease to 3.125 coins every 10 minutes, cutting the total supply in half.

As soon as a Bitcoin transaction is completed, its details are added to the next block. Once a block has been validated and added to the blockchain, it cannot be removed.

WHO MAKES USE OF BITCOIN?

Bitcoin's user base keeps growing. A rise of slightly less than 165 new Bitcoin users per minute was predicted for the first half of 2021 ("How Fast Is Bitcoin Growing?2021 ("How Fast Is Bitcoin Growing?"). This represents a huge increase in population as well as a substantial amount of development.

Bitcoin is the first digital currency to be recognised as legal tender by a government. Microstrategy, an intelligence software business in the Fortune 500, has designated Bitcoin as a major treasury reserve asset, making it the first and only asset of its kind to receive such a designation.

CEO Michael Saylor gave the following statement:

Our company's balance sheet went from being a declining asset to an appreciating one. So now there are two companies. Both are examples of businesses that are crucial to the modern economy, yet one is enterprise software and the other deals with digital property. The question then becomes, "Why did we do it?" I'm trying to play it safe by avoiding any actions that could cause financial harm or damage to the company's stock price. It's a waste of money. The second phase is an opportunistic one in which we may acquire premium real estate. In comparison to analogue property, digital property is superior. Strategic planning occurs throughout Stage 3. Before everyone moves to Cyber Manhattan, it's a smart idea to buy all the real estate. If I can borrow dollars at 5% interest and bitcoin is increasing in value by 100% per year, my arbitrage is 95%. So why wouldn't I go for it?

THERE’S A LOT OF NEGATIVITY ABOUT BITCOIN IN THE PRESS

Looking back through time, we see that it is unusual for a king to be ousted from his throne by an outsider without putting up some sort of resistance. Almost ever since it was first introduced by the Medici, the fiat banking system has dominated the financial world. This won't go away quietly. The fiat system has been able to set the conditions, and its personnel have reaped enormous rewards as a result. Bitcoin, the underdog King Arthur who triumphantly drew the sword from the stone, changed all that. And the governments and central banks approve of that? They don't do that at all.

This is a major factor in the propaganda campaign waged against bitcoin by governments and central banks.

Inquiring minds want to know the truth about such falsehoods. There is no foundation for it. Energy is being wasted. The situation is quite unstable. Billionaires have complete control over it. Nothing could ever be done with it. Criminals and terrorists are the main users. This is clearly a Ponzi scheme.

Rubbish. Bitcoin might cause a paradigm shift, which is why it's been vilified so much by the people now in power.

YOU CAN PURCHASE A FRACTION OF A BTC

Most of us probably don't have a spare $20,000 laying around that we could use to buy a complete Bitcoin. One bitcoin is equal to one hundred million Satoshis, so if you wanted to start with just $10, you could buy some bitcoin.

Conclusion

Bitcoin, the first cryptocurrency, was created to function as an alternative to traditional fiat cash. Since Bitcoin's inception in 2009, its popularity has skyrocketed and its applications have multiplied, giving rise to a plethora of other digital currencies. Bitcoin investment is less complicated than the Bitcoin generation process. Bitcoin can be purchased and sold by investors and speculators at crypto exchanges. Investors should carefully examine whether or not Bitcoin is the correct investment for them, as with any investment but especially one as new and volatile as Bitcoin.

FAQs

In what ways can I best describe Bitcoin to a non-technical audience? In order to conduct financial transactions without the intervention of a central bank or other centralised authority, a growing number of people are turning to cryptocurrencies like Bitcoin (BTC).

How can Bitcoin be explained in the simplest terms? Bitcoin is a digital currency that may be bought, sold, and exchanged directly without the use of a central authority or centralised institution like a bank. Satoshi Nakamoto, the inventor of Bitcoin, first articulated the need for "an electronic payment system based on cryptographic proof instead of faith."

Can you give a simple explanation of cryptography for newcomers? Cryptocurrency, also known simply as "crypto," is a form of digital currency designed to function as a medium of exchange. It employs cryptography for transaction verification and security and to regulate the issuance of additional units of a certain digital currency.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

@ a876a108:419b647e

KuCoin is generally regarded as a trustworthy cryptocurrency exchange platform. It has gained popularity for its user-friendly interface, wide range of supported cryptocurrencies, and robust security measures.

One of the key factors in ensuring trustworthiness on KuCoin is having a KuCoin account. Registering and verifying an account on KuCoin provides users with access to additional security features, such as two-factor authentication (2FA), withdrawal whitelists, and anti-phishing codes. These measures help safeguard users' funds and personal information against unauthorized access and fraudulent activities.

Moreover, KuCoin has a track record of promptly addressing security incidents and continuously improving its security infrastructure to enhance user protection. The exchange also employs advanced encryption methods and stores the majority of user funds in cold wallets, which are offline and less susceptible to hacking attempts.

While KuCoin has a solid reputation in the cryptocurrency community, it's essential for users to exercise caution and adhere to best security practices, such as using unique and strong passwords, enabling 2FA, and being vigilant against phishing attempts. Overall, having a KuCoin account adds an extra layer of security and reliability to the trading experience on the platform.

@ a876a108:419b647e

Yes, you can trade with an unverified KuCoin account, but there are limitations. Unverified accounts on KuCoin are subject to certain restrictions, particularly regarding withdrawal limits and access to specific features. Verification, often referred to as Know Your Customer (KYC), enhances security and provides access to higher withdrawal limits and additional functionalities.

It's worth noting that platforms like Paxful also have KYC processes. Completing Paxful KYC verification is essential for accessing higher trading limits and ensuring a secure trading environment. Similarly, undergoing KYC on KuCoin enhances the security of your account and provides a more seamless trading experience.

While it is possible to trade with an unverified KuCoin account, for larger transactions and increased security, it's advisable to complete the verification process. This is particularly important if you plan to engage in significant trading activities or need to use advanced features on the platform.

@ 1c6b3be3:73f0ae6f

Releases - No Bullshit Bitcoin

Unleashed.Chat v0.1.21: Internet Search Unleashed Chat, an AI chatbot that prioritizes privacy, has announced several updates to its services. It now supports live data querying from Nostr and incorporates advanced context embedding capabilities. Additionally, it can perform Internet searches and accepts Bitcoin payments. A new feature is the integration of Mixtral 8x22B Instruct, Mistral AI's FOSS model, though it's not an uncensored variant at present. The chatbot now has the ability to search the Internet for information such as current Bitcoin prices or population numbers of countries. An API endpoint has been added for fetching current balance and creating a Lightning invoice for adding funds. Billing improvements have also been made, with billing based on response length rather than generation time. Lastly, Unleashed Chat has launched a new website to provide more information about its services.

Scaling Lightning v0.4.1: Configurable Namespace Scaling Lightning is a testing toolkit for the Lightning Network that has a new feature, configurable namespace, allowing multiple separate SL networks to run on the same machine. This change affects the Go dependency, requiring users to define the namespace when using certain functions and to use NewSLNetworkWithoutNamespace when creating a new network from helmfile. Additionally, there are fixes for compatibility with Traefik version 3.0.0/chart 28.0.0, and a fix for the connect peer command that used to retry until timeout if already connected. The release also includes other changes such as fixing multiple namespaces bitcoind conflict and allowing large channels by default.

GroupHug v1.1.0: Close Groups by Fee & Time (1 min) Bitcoin GroupHug is a transactions batching server that groups together Bitcoin transactions with similar fees without requiring coordination between users. The new version, v1.1.0, includes options to query information about the groups and closes groups based on fee and time criteria to prevent blockages. Additionally, Barcelona Bitcoin Only (BBO) servers have been updated to accommodate the latest release. The server does not earn any fees for its service.

🍵 "btc | bitcoin | lightning network | asic" - Google News

Bitcoin Is Catalyzing DeFi's Comeback And Empowering Utilitarian Communities - Forbes Xapo Bank enables bitcoin deposits via Lightning Network - The Block Lightning sparks Chitty fire on Clifton Ranger District | Arizona Emergency information Network - az.gov Xapo Launches Lightning Network Deposits Amid Growing Adoption In Key Latin Markets - The Defiant - DeFi News Bitcoin's Network Strengthens: Mining Difficulty And Hash Rate Spike Amid ETH ETF Buzz - TradingView Bitcoin miner Marathon Digital says its focus on efficiency strengthens entire blockchain network - TheStreet Bitcoin Price Drop Below $70,000 Apparently Driven By Lack Of Interest, Glassnode Data Shows - NewsBTC Bitcoin Difficulty Rises 1.48% Reaching 84.38 Trillion at Block 844704 – Mining Bitcoin News - Bitcoin.com News Bitcoin Mining Difficulty Adjusts Upward Amid BTC’s Recent Price Recovery - CryptoPotato Bitcoin Runes hype fades, transactions plummet 84% - Cointelegraph RGB++: Advancing Bitcoin's Layer 2 with Innovation - hackernoon.com Gelios and Koi Forge Strategic Partnership to Innovate Bitcoin dApp Ecosystem - CoinTrust Community angry after Coinbase taps USDC to celebrate Bitcoin Pizza Day - crypto.news

@ b804f68e:2fb0fa1f

Markings and Their Meanings

In the first post of FMS, we covered the expected dimensions of a football field. Let's continue with the markings on a football pitch. Below is a football pitch labeled with the particular markings that are required according to the laws of the game.

Halfway Line, Center Circle, and Center Mark

• Halfway Line:
  • Self-explanatory, but this line is drawn across the field representing the halfway point. Any substitution is normally conducted where the halfway line meets the touchline.
• Center Circle and Center Mark:
  • The center circle is drawn in the middle of the field. During kickoff, the ball is placed on the center mark by the team that is attacking first. The attacking team can have players within the center circle on their defensive side when kicking off. However, all opposing players must be positioned on their respective defensive side and cannot be inside the center circle until the ball is kicked and in play.

Goal Line, Goal Area, Corner Area, and Touchline

• Goal Line, Goal Area, and Corner Area:
  • The goal line is the boundary line on both ends of the field that form the width. The goal is set up in the middle of the goal line, with goal posts placed on top of it. For a shot to be considered a goal, the entire ball must cross the whole of the goal line. If the ball crosses the goal line without going into the goal, the play will result in a kicked restart. If the ball was kicked over the goal line by an attacker, the restart is called a goal kick for the defending team, taken from anywhere within the defending team's goal area. If the last player to kick the ball out of bounds over the goal line is a defender, the restart will be a corner kick for the attacking team, taken from within the corner area closer to where the ball went out of play. Optional markings 9.15 m from the corner flag indicate how far a defending player must stand away from the attacking player taking the corner kick, ensuring fair play and allowing for corner kick plays, like a short corner, without defenders being too close.
• Touchline:
  • The touchline forms the boundaries along the length of the pitch. If the ball goes out of bounds over the touchline, the restart is done with a throw-in.

Penalty Area, Penalty Arc, and Penalty Mark

• Penalty Area:

  • The penalty area is significant for two main reasons. First, it is the only area where the goalkeeper is allowed to use their hands (with one particular exception). The keeper can only use their hands within the penalty area on the side they are defending. Second, if an attacking player is fouled within the penalty area, the resulting play is a penalty kick.
  • Here is an epic example of what is not allowed within the penalty area, featuring Oliver Kahn handballing it into the goal:

  https://www.youtube.com/watch?v=iigJsLnd_xw

• Penalty Arc and Penalty Mark:

  • When an attacking player is fouled within the penalty area, the penalty kick taker must place the ball on the penalty mark. The penalty arc is significant because it represents the area in which only the penalty kick taker is allowed (although the kicker doesn’t have to enter it). All other players, both attacking and defending, must stay outside of the penalty area and the penalty arc to ensure fairness of play.

TLDR

• Goal lines (width) and touchlines (length) make up the boundaries of the field.
• The center circle which includes the center mark at the center is where the game kicks off.
• The penalty area includes the penalty arc, penalty mark, and goal area, and is the only area where the goal keeper can use his/her hands, and the attacking team can win a penalty kick.

Resources:

• https://www.theifab.com/laws/latest/the-field-of-play/#field-markings

@ e968e50b:db2a803a

Yesterday, this post introduced a way to track the Bitcoin network's transactions per second. It's a super useful tool to see how many transactions Bitcoin is actually processing on the current day.

...but it was totally boring. I incorporated it into this super campy and scary tool (also forked from @supertestnet) for anybody that wants to really feel the drama of the moment.

https://bitcoin-defcon.vercel.app/

@ acb3cca8:5731a6c3

This is a test of notepress.

Notepress is a nostr wordpress-like blogging plaform that scraps your nip-23 longform notes from designated relays and cutely displays them to your website.

Notepress was created by Oceanslim and UTXO (https://github.com/utxo-one/notepress), with a docker implementation created by PastaGringo (https://github.com/PastaGringo/notepress-docker).

@ 6389be64:ef439d32

Clay's highly reactive surfaces provide scaffolding for the self-assembly of biomolecules and the eventual formation of living organisms.

The Jewish Golem legend holds every hallmark of this interaction. Jesus rubbed clay mixed with his spit to reverse blindness. What exactly did the ancients know about clay?

@ c73818cc:ccd5c890

📸 Il recente tweet di Elon Musk contro la Federal Reserve degli Stati Uniti ha suscitato dibattiti su come le politiche monetarie influenzino il mercato delle criptovalute. Musk ha paragonato il funzionamento della Fed a una regola di Monopoly, sollevando preoccupazioni riguardo all'emissione di denaro fiat e all'inflazione, in quanto si procede secondo la regola "se la banca finisce i soldi, ne crea di nuovi attraverso la stampa".

📸 Questo intervento pubblico di Musk potrebbe rafforzare l'interesse per le criptovalute come Bitcoin, considerate da molti come alternative al sistema finanziario tradizionale.

Unisciti al nostro gruppo Telegram: https://t.me/Bitcoin_Report_Italia

Le iscrizioni al torneo KCGI Bitget sono aperte, unisciti alla nostra squadra e corriamo verso i 5mln di dollari!

BitcoinReportItalia #FED #Elon #Musk #Twitter #Tesla #USA #Crypto #BTC #Bitcoin

@ 3875a16c:988456c9

There's been a lot of chatter online following a recent episode of the #JoeRogan Experience (#JRE Ep.2152) featuring guest #TerrenceHoward. The discussion covered his research into chemistry, physics, sound, and vibrations, sparking my memory of a book I read years ago.

The book came highly recommended by my sound engineering professor. I've been producing music as a hobby since I was 16 and studied sound engineering for two years after completing high school. My professor explained that everything we see, hear, and touch is made up of vibrating elements, and that these vibrations create sounds, whether audible or inaudible to the human ear.

I was fascinated by this concept because it resonated deeply with me. I had always felt how certain music, sounds, colors, and locations influenced my emotions. It dawned on me that these vibrations might have a more direct impact on how I feel than I had realized. Intrigued, I bought the book and dove in.

This write-up is a quick summary of that book, and perhaps it will pique your interest enough to read it too.

Introduction

Itzhak Bentov's "Stalking the Wild Pendulum: On the Mechanics of Consciousness" is a fascinating deep dive into these big questions. Bentov, an engineer and inventor with a spiritual streak, mixes scientific insight with mystical wisdom to offer a fresh take on how everything fits together.

Vibrational Nature of Reality

Bentov kicks things off with the idea that everything in the universe vibrates. From tiny particles to our thoughts, it's all about vibration. This isn't just some abstract concept; Bentov explains how these vibrations shape the reality we experience. For example, he discusses how atoms and molecules vibrate at specific frequencies, creating the physical world as we know it. He even talks about standing waves and how they create the structure of our world. Bentov explains that human organs resonate at specific frequencies, with the heart resonating around 1 Hz during normal function.

The Pendulum Analogy

The book's title comes from Bentov's analogy of a pendulum to explain consciousness. Picture a pendulum swinging back and forth—that's like our consciousness moving between different states like waking, dreaming, and deep meditation. Bentov doesn't just use this as a metaphor; he dives into how this oscillation happens in the brain. He describes the brain's micro-motion, which is around 10-13 Hz, and how it influences our state of awareness and perception. This helps explain how we shift from one state of awareness to another, almost like the rhythmic motion of a pendulum.

Holographic Universe

One of the wildest ideas in the book is that the universe is like a hologram. Bentov suggests that each part of the universe contains the whole thing. This idea ties into quantum physics and mystical traditions. He brings up the work of scientists like David Bohm and Karl Pribram, who thought our brains process information holographically. Bentov illustrates this with the example of how our brains can reconstruct entire memories or images from partial information, similar to how a hologram can recreate a full image from any part of it.

Mechanics of Consciousness

Bentov really gets into the nitty-gritty of how consciousness works. He talks about tiny movements in our bodies, especially in the heart and cardiovascular system, that create little mechanical vibrations. These vibrations, according to Bentov, influence brain activity and play a big role in altered states of consciousness. For instance, he discusses how the heart's vibration at 1 Hz can synchronize with brainwaves during deep meditation, potentially leading to out-of-body experiences.

The Role of Sound and Vibration

Sound and vibration are huge in Bentov's theory. He looks at how different frequencies can change our mental and physical states. He connects ancient practices like chanting to modern science, showing how specific sound frequencies can alter brainwave patterns. Bentov details experiments showing that sounds in the range of 4-7 Hz (Theta waves) can induce deep relaxation and altered states of consciousness. This isn't just theoretical; Bentov includes data from experiments with biofeedback and sound therapy, demonstrating measurable changes in brainwave activity.

Mind-Body Connection

Bentov highlights the tight link between mind and body. He suggests that our consciousness can actually influence physical reality. He backs this up with examples and experiments, like measuring biofeedback responses in altered states of consciousness. For example, he cites experiments where subjects could alter their heart rate and blood pressure through focused meditation, demonstrating tangible physiological changes that correspond to shifts in mental and emotional states. It’s a compelling argument for the holistic nature of human existence and how our minds can impact our health and well-being.

Evolution of Consciousness

Bentov also speculates about where we're headed. He believes we're evolving towards higher states of consciousness and that understanding these mechanics can lead to big personal and societal changes. He outlines a model of human evolution with stages of increasing vibrational frequency and awareness. Bentov describes how humanity might progress from the current average brainwave frequency of 10 Hz to higher frequencies, potentially unlocking new levels of collective consciousness and societal development.

Citation:

Bentov, I. (1977). Stalking the Wild Pendulum: On the Mechanics of Consciousness. E. P. Dutton.

@ 955e5a04:c03b3cc3

In the mind-bending prose of Paramahansa Yogananda’s Autobiography of a Yogi, we find a nugget of cosmic truth:

"Human life is beset with sorrow until we know how to tune in with the Divine Will, whose right course is often baffling to the egoistic intelligence."

Yogananda’s words cut through the noise, much like the rollercoaster ride that is Bitcoin, the digital beast that defies the tame expectations of Wall Street suits and reckless gamblers alike. The human ego, with its insatiable hunger for quick gains and predictable outcomes, is constantly at odds with the chaotic, often inscrutable dance of the market—much like trying to sync up with the vast, mysterious rhythms of the Divine Will.

Investing in Bitcoin isn’t just about watching numbers go up and down on a screen. No, it’s about understanding the deeper currents that drive this beast. The market’s cycles and trends, much like the whims of the cosmos, require a kind of zen-like focus to navigate. Tuning out the ego’s desperate cries and aligning with a broader, more holistic view of market forces can lead to harmony—and maybe even a touch of financial enlightenment.

To ride the Bitcoin wave without being swallowed by it, one must embrace a few key strategies:

1. Stay Informed: Don’t be a blind mouse in a snake pit. Absorb the news, follow the analyses, and always keep an eye on the shifting sands of regulation and technology.
2. Don’t Diversify: If you do, invest in companies that operate within the Bitcoin ecosystem. These businesses, from mining operations to blockchain technology firms, to shops helping make a bitcoin economy as they offer additional layers of engagement with the Bitcoin world.
3. HODL: In the face of the market’s terrifying swings, hold fast. The long game is the only game. Historical growth patterns show that patience often rewards the brave.
4. Community: Dive into the Bitcoin community. Swim with the schools of thought, get a feel for the collective pulse. Insight often comes from the unlikeliest of places.

For the uninitiated, the journey begins with education. Don’t just jump in blind; read, watch, and learn. Choose your battleground wisely—opt for reputable exchanges like Coinbase, Binance, or Kraken. And for the love of all that’s holy, secure your treasure with hardware wallets. Begin modestly, get your feet wet before diving into the deep end.

Timing, they say, is everything. The best moment to start was yesterday, but the next best is now. Don’t wait for the perfect moment—it doesn’t exist. Jump in, but with eyes wide open.

In the swirling chaos of financial markets and the dizzying highs and lows of Bitcoin, aligning our investments with a well-informed strategy is akin to finding peace in the cosmic dance of the Divine Will. By silencing the ego’s shrill demands and embracing a broader, more informed perspective, we can ride the Bitcoin beast towards potential prosperity without losing our minds.

So here’s the gospel according to Jam: The market’s a freak show, Bitcoin’s the main act, and if you play your cards right, you might just come out of it not only richer but a hell of a lot wiser.

@ c73818cc:ccd5c890

🌟 Un futuro di pagamenti facili e veloci con Bitcoin? Roy Sheinfeld, CEO di Breez, immagina un futuro in cui Bitcoin Lightning Network è integrato in app diffuse come Uber e Spotify. Un'idea rivoluzionaria che potrebbe accelerare l'adozione di Bitcoin rendendolo facile da usare e accessibile a tutti.

🌟 L'integrazione di Lightning Network nelle app mainstream potrebbe essere un punto di svolta per Bitcoin, permettendogli di competere con i sistemi di pagamento tradizionali e di conquistare una quota significativa del mercato. Tuttavia, questa vision solleva anche dubbi sulla centralizzazione e sulla privacy. L'integrazione con app di terze parti potrebbe esporre i dati degli utenti e minare la natura decentralizzata di Bitcoin.

🌟 La community Bitcoin è chiamata a trovare un equilibrio tra la facilità d'uso e la tutela dei principi fondamentali di Bitcoin. L'adozione di massa è importante, ma non a scapito della decentralizzazione e della privacy.

Unisciti al nostro gruppo Telegram: https://t.me/Bitcoin_Report_Italia

Le iscrizioni al torneo KCGI Bitget sono aperte, unisciti alla nostra squadra e corriamo verso i 5mln di dollari!

BitcoinReportItalia #Breez #Uber #Spotify #Pagamenti #LightningNetwork #App #Crypto #BTC #Bitcoin

@ ac115d52:2de190d4

As many others, I am always keeping an ear out for a valid counter-argument to Bitcoin. Most recently, I found an interesting argument against Bitcoin proposed by Yuval Noah Harari.

The argument, paraphrased:

Bitcoin assumes distrust between parties. Existing institutions such as (central) banks, require trust from the participants. Humanity should find ways of trusting each other, instead of adopting technology that removes the need for that trust.

I both agree and disagree with Yuval here. I'm absolutely a proponent of trust between humans, but I disagree that the trust should be through institutions.

One of the primary ways we as humans have learned to succeed as a species - and indeed thrive to the point of being masters of our natural environment - is our ability and reliability in predicting what will happen next.

We do not simply trust that our crops will grow next summer, we ensure it. We have understood that there is a yearly cycle of seasons and we have learned to reliably predict and anticipate it, allowing us to plan for it. Trust didn't fill up our grain stores and get us through famines.

We do not simply trust that if a healer puts some eels on our body it will drive out the bad spirits from our blood and heal us - we ensure that our medicine works and is reliable through the implementation of the scientific method and rigorous testing. Trust didn't bring down child mortality to near-zero in the modern world.

We do not simply trust that if we put enough fuel in a metal cylinder and light it on fire, it will take us to the moon - we meticulously calculated every thinkable variable to ensure that the rocket will take us there. Trust didn't get us to the moon.

Humans have sought to eliminate every single point of failure in prediction that stands between ourselves and our ability to know exactly what will happen next. Adaptability has for the most part taken the crown as what has allowed us to survive - but our ability of prediction must be what should be recognized for it's role in ensuring our prosperity.

So I will refuse the first point: It is not as Yuval suggests our ability to trust each other that has allowed us to control the natural world. It is our ability to successfully predict and eliminate unknown factors, gaining certainty and giving us the ability to anticipate what our next move should be. Cooperation, mainly has been ensured through incentive structures. "If you help me sow grain, you will have a share of it". Financial devices, like currencies, bonds and shares is merely an exercise in the attempt to implement this incentive structure and make it universally adaptable.

What Yuval is unfortunately missing is that the trust of the institutions which we should be able to reliably predict - have been repeatedly abused and subverted, and often fatally to the detriment of the working class. Their time is over.

What should be trustable and predictable, is now instead an instrument of speculation that reliably moves wealth from the working class to the ruling class. As a matter of fact, we have all learned to trust this natural state of things where everyone but the elite is being robbed. The institutions are no longer serving the common good of the people.

For many people, this trust in the fact that institutions will reliably subvert their needs, has resulted in the dissolution of society and the division of people everywhere. We are being misled by opaque promises of better times, a reliable inflation rate of 2%, wage growth that follows the inflation, and that our living standards will follow our increase in productivity. Instead of fulfilling these promises, we have been divided along lines of nonsensical dilemmas, blaming our brothers and neighbors for wrongthink, and forcing us to constantly choose a lesser of two evils.

Bitcoin subverts distrust between people - because Bitcoin is a predictable, reliable money that acts more like a law of nature than a human institution. Human institutions can be corrupted, co-opted for personal motives, and subverted by individual greed. Bitcoin lacks the feature for any of these things.

As for the seasons of the year, Bitcoin introduces a predictable economical cycle of halvings until the year 2140 - by which point we will hopefully have found a different, greater cycle to adapt to.

Yuval is wrong. Bitcoin does not create more distrust. Bitcoin eliminates it.

@ 5d4b6c8d:8a1c1ee3

I was recently reminded by @cryotosensei that I have a bunch of Minds tokens from the Before-Times (how I think of time before Stacker News). I'm planning on spending them all boosting a post about Stacker News. I have enough tokens to reach something like 1,000 people.

What I'd like to hear from my fellow stackers is what your best short pitch for Stacker News is.

If you're not familiar with Minds, it's an alternative social media platform that's dedicated to free speech. I'd say the likely audience is right-of-center politically and really into independence and alternatives to establishment systems.

An ideal Minds post would look a lot like an ideal X post, as they're pretty similarly designed platforms.

The two aspects I'm inclined to focus on are the diversity of content and the high level of engagement, but I want to know what you all find most compelling about SN.

@ c11cf5f8:4928464d

Any Bitcoin offers or promotions you bought recently?

We’re constantly looking for some special deals! Share with your fellow stackers any latest steal, recent offering, snazzy discounts, packed bundles...

Help us all score some incredible bargains!

@ b60c3e76:c9d0f46e

“Kami sekeluarga sangat bersyukur dan berterima kasih kepada pemerintah khususnya Kementerian PUPR (Pekerjaan Umum dan Perumahan Rakyat -Red) yang telah membangun hunian yang layak. Fasilitas berupa saluran air bersih, jalan yang bagus juga membuat dirinya bersama keluarga serta warga terdampak bencana merasa sangat nyaman,” kata Jhoni Yunus.

Jhoni, pria berusia 50 tahun yang akrab disapa Papauto, adalah satu kepala keluarga yang menerima bantuan hunian tetap (huntap) korban gempa bumi (likuifaksi) dan tsunami di Kota Palu, Sulawesi Tengah. Ada banyak warga yang bernasib serupa. Mereka adalah bagian ribuan warga yang jadi korban. Saat bencana terjadi, selain rumah yang hancur, Papuato juga kehilangan anak laki-lakinya yang saat itu berada di sekolah.

Korban lain yang juga menerima bantuan rumah adalah Nuralim, 32, mengaku bersyukur sekali bisa mendapatkan hunian layak, yang bisa dia tinggali bersama keluarga. Menurut ibu dari dua anak yang berasal dari Kota Palu itu, hunian bantuan pemerintah ini sangat baik karena sudah lengkap dengan fasilitas pendukungnya.

Selain rumah yang layak huni, lokasi huntap terhitung strategis. Terletak di Kelurahan Petobo, Kota Palu, huntap itu berada di daerah kelahiran Nuralim. Yang lebih penting, daerah lokasi hunian itu sudah dilengkapi dengan aneka fasilitas, antara lain, di tiap unit terdapat dua kamar tidur, satu kamar mandi, dan ruang tamu

Nuralim menceritakan, saat terjadi gempa di Kota Palu pada 2018, rumahnya hancur hingga rata dengan tanah. Gempa juga menyebabkan satu anaknya meninggal dunia.

Selain menjadi korban gempa, Nuralim juga mengaku tidak pernah menyangka bisa memiliki hunian yang nyaman seperti itu, karena suaminya hanyalah seorang buruh dengan penghasilan tidak menentu. “Saya sangat bersyukur mendapat huntap di tempat kelahiran saya di Kelurahan Petobo, Kota Palu. Sebelumnya saya tinggal di hunian sementara (huntara) bersama para korban bencana lainnya. Saya dan keluarga sangat berterima kasih kepada Kementerian PUPR yang sudah memberikan hunian yang layak bagi kami warga terdampak bencana gempa bumi Palu sehingga bisa membangun kembali kehidupan kami kembali,” ujarnya saat ditemui tim Ditjen Perumahan Kementerian PUPR, Selasa (26/3/2024).

Tahap Tiga

Merujuk data Kementerian PUPR, per awal Mei 2024, sebanyak sebanyak 3.724 unit huntap telah selesai dibangun. Bahkan sejak Ramadan 2024, huntap-huntap itu sudah diserahkan dan dihuni warga. Tersebar di sejumlah lokasi, yakni di Kota Palu (2.231 unit), Kabupaten Sigi (730 unit), dan Kabupaten Donggala (763 unit), seluruh huntap tersebut dilengkapi dengan sarana sosial serta fasilitas umum.

“Dengan mengucap bismillahirahmanirahim, pada hari ini huntap pascabencana gempa bumi Palu saya nyatakan diresmikan," ujar Presiden RI Joko Widodo usai melakukan Peresmian Huntap dan Infrastruktur Permukiman di Kota Palu, Sulawesi Tengah, Selasa (26/3/2024).

Presiden Jokowi berharap nantinya kompleks huntap itu dapat dimanfaatkan dengan baik oleh masyarakat. Dirinya berharap masyarakat Sulawesi Tengah yang terdampak bencana bisa kembali bangkit menjalani kehidupan bersama keluarganya di rumah yang dibangun dengan teknologi rumah tahan gempa tersebut.

Menteri PUPR Basuki Hadimuljono mengatakan, pembangunan huntap merupakan komitmen pemerintah dalam penyediaan hunian yang layak bagi masyarakat melalui Program Sejuta Rumah. Selain itu juga menjadi upaya pemerataan pembangunan di seluruh pelosok negeri, terutama di wilayah terdepan, terluar, dan tertinggal).

Total huntap yang kini diresmikan sebanyak 3.724 unit untap dan infrastruktur permukiman dengan rincian ada di Kota Palu sebanyak 2.231 unit rumah dengan luas lahan 66,2 Ha, Kabupaten Sigi sebanyak 730 unit rumah dengan luas lahan 97,46 Ha, dan Kabupaten Donggala sebanyak 763 unit rumah dengan luas lahan 16,55 Ha.

“Pembangunan huntap dan infrastruktur permukiman ini merupakan bukti nyata bahwa pemerintah hadir dalam penyediaan hunian yang layak. Diharapkan dengan memiliki rumah yang lebih layak, sehat dan nyaman, para penerima bantuan dapat meraih kualitas hidup yang lebih baik," kata Menteri Basuki.

Fasilitas Komplit

Direktur Jenderal Perumahan Kementerian PUPR Iwan Suprijanto menerangkan, pembangunan huntap di Palu dilaksanakan oleh Satuan Kerja Penyediaan Perumahan Provinsi Sulawesi Tengah Balai Pelaksana Penyediaan Perumahan (BP2P) Sulawesi II Direktorat Jenderal Perumahan Kementerian PUPR. Pembangunan huntap di Kota Palu terdiri dari Huntap Duyu (230 unit), Huntap Talise (599 unit), Huntap Mandiri (308 unit), Huntap Balaroa (52 unit). Sedangkan di Kabupaten Sigi, Huntap Pombewe (605 unit), Huntap Lambara (62 unit), Huntap Salua (63 unit) dan di Kabupaten Donggala dilaksanakan di Huntap Loli Tasiburi II (32 unit), Huntap Wani (73 unit), Huntap Loli Raya atau Dondo (16 unit), dan Huntap Ganti (17 unit).

Lebih lanjut, Iwan menambahkan, sebelum melaksanakan pembangunan huntap, pihaknya juga telah melakukan verifikasi bersama antara pemerintah pusat dalam hal ini Kementerian PUPR dan pemerintah daerah setempat. Gubernur Sulawesi Tengah juga menerbitkan SK Gubernur nomor 360 tahun 2019 yang menyatakan bahwa warga terdampak bencana sebesar 8.788 unit dengan kriteria warga pemilik rumah atau ahli waris yang sah dengan ketentuan setiap pemilik rumah hanya mendapat satu unit huntap. Saat ini sebanyak 3.724 unit yang sudah terbangun dan secara resmi sudah diresmikan oleh presiden dengan nilai total biaya pembangunan Rp1,05 triliun dan saat ini telah dilakukan penghunian sebanyak 3.195 unit.

“Selain membangun hunian tetap, Kementerian PUPR RI juga melengkapi pembangunan infrastruktur dasar seperti pembangunan jalan lingkungan dan akses kawasan permukiman, drainase, penerangan jalan umum (PJU), fasum, fasos, faskes, ruang terbuka publik, jaringan air bersih beserta reservoir, sistem penegelolahan air limbah domestik terpusat (SPALDT), TPS3R, dan kolam retensi,” terangnya.

Kementerian PUPR, kata Iwan, berharap dengan tinggal di huntap dapat memulihkan kembali semangat masyarakat terdampak bencana untuk membangun kehidupan baru. “Peresmian ini menandai kehidupan dan permukiman disini sudah bisa dimanfaatkan secara penuh oleh masyarakat terdampak. Masyarakat sudah bisa menempati tempat tinggal yang lebih layak. Ini juga merupakan bukti bahwa negara hadir untuk melindungi rakyat dan meningkatkan kualitas lingkungannya,” tandasnya.

---

Penulis: Dwitri Waluyo Redaktur: Ratna Nuraini/Elvira Inda Sari Sumber: Indonesia.go.id

@ d266da53:7224d834

2024年5月23日，新加坡 — 去中心化治理基础设施Dora Factory宣布完成新一轮1000万美金战略融资。Nomad Capital, No Limit Holdings, 云九资本，新加坡大华银行Web3风险投资基金UVM Signum Blockchain Fund，以及蔡文胜的隆领资本，Cosmos生态OG Interop Ventures，Eigenlayer的联合创始人Calvin Liu等15个知名机构和个人。

本轮融资将加速Dora Factory去中心化治理与公共物品资助技术体系的战略扩张。

Dora Factory是领先的去中心化治理与公共物品技术协议。其核心产品包括开放无许可、专注治理的Cosmos SDK应用链Dora Vota，匿名隐私投票基础设施aMACI，以及民主化公共物品资助过程的多链二次方资助等。

就在上周，Cosmos Hub社区高票通过了917号提案，为DoraHacks AEZ二次方Grant拨款百万美金用于在Cosmos社区运行为期两年、共十轮二次方资助。全部资金将通过Dora Factory的协议栈分配给Cosmos和应用链生态公共物品建设者和早期项目开发者。

Dora Factory于今年初宣布完成了由dao5和Whampoa Digital领衔的战略融资。dao5是前Polychain合伙人Tekin Salimi成立的新基金; Whampoa Digital是由新加坡首任总理李光耀创办的Lee & Lee事务所前高级合伙人Amy Lee和来自李氏橡胶集团和OCBC银行家族办公室的Lee Han Shin共同创办的风险基金。在此之前，Dora Factory共融资1750万美金，投资人包括Binance Labs、HashKey, The LAO等。

“建设领先的公共物品资助与去中心化治理基础设施是Dora团队推动全球极客运动发展和前沿技术创新的关键一步。”Dora Factory Architect Eric Zhang说，“ 我们很高兴获得加密社区的广泛支持。事实上，去中心化治理是一个很深，并且很有趣的技术栈，而我们正在这个技术栈发展的早期。Dora Factory过去三年的工作为去中心化治理的规模化打下了很好的基础。”

自2020年成立以来的四年时间里，Dora Factory专注于研究和开发去中心化的治理基础设施和应用。超过两千个初创团队使用Dora Factory的协议获得了超过两千万美金的资助。

超过40个主要的Web3生态，包括Aptos、Celestia、Injective、Klaytn、Osmosis、Akash等都在深度使用Dora Factory的基础设施，通过Dora Factory首创的公共物品质押(Public Good Staking)为公共物品建设者和早期开发团队带来长期、持续的资金支持。

“链上社区治理的资管体量已经达到千亿美金规模，现在是治理技术发展的黄金时间。” Nomad Capital的创始合伙人Erick Zhang说到，”经过四年的发展与积累，Dora 团队与多个重要生态深度合作，已经逐步成长为行业中不可忽视的公共物品基础设施。我们更高兴支持Dora Factory赋能开发者精益创新的愿景，并期待通过这次投资进一步帮助其拓展包括aMACI在内的新技术的使用场景。”

“公共物品资助和治理赛道已经出现了几年时间的龙头真空。Dora Factory 开发的 Dora Vota 和匿名隐私投票技术充分展现了他们在 Web3 治理和公共物品资助方面的领先地位。治理是区块链技术价值的重要部分。我们认可他们的影响力。在Dora的产品中已有数百万票被投出，超过2000个项目通过二次方资助获得了资金支持。我们的投资是继续支持他们努力的第一步。” No Limit Holdings的创始合作人Gin Chao说到。

“在新投资人的帮助下，我们期待进一步发展Dora Factory的生态，包括多链二次方资助、公共物品质押等基础设施和模式创新，鼓励全球开发者拓展匿名MACI技术（aMACI）的使用场景，并基于Dora Vota建设全新的治理应用等，为链上社区和前沿技术团队提供更强大的产品体系支持。” Dora Factory的核心贡献者 Steve Ngok 评论道。

---

关于Dora Factory

Dora Factory是领先的去中心化治理的协议栈，通过公共利益质押(Public Good Staking) 和 Dora Vota为全球极客运动、开源社区、去中心化组织提供治理和长期激励。Dora Factory开创性地建设了公共物品质押基础设施，改变了PoS生态长期资助开发者的方式，而Dora Vota则提供了完善的去中心化治理平台，用户可以通过Dora Vota提供的开放平台创建MACI、二次方投票等可编程的治理机制，降低了去中心化治理所需的成本，为去中心化治理的普及和采用奠定了基础。

浏览 DoraFactory.org，了解和使用Dora Factory的产品。

更多的信息，请浏览Dora研究博客: research.dorahacks.io

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Kyoto, May 23, 2024—Dora Factory, the leading decentralized governance infrastructure, announced the closing of another $10 million strategic raise. Nomad Capital, No Limit Holdings, Sky9 Capital, Singapore’s UOB-Signum Blockchain Fund, Interop Ventures, Cai Wensheng’s Longling Capital, and nine other renowned institutional investors joined the round.

The raise will accelerate the adoption and strategic expansion of Dora Factory’s decentralized governance and public goods funding tech stack.

Dora Factory is a leading infrastructure focused on decentralized governance and public goods technology. Its core products include the flagship Public Good Staking infrastructure, which enables block incentive driven ecosystem funding; Dora Vota, a CosmosSDK appchain hosting dGov protocols; anonymous MACI and general MACI, the privacy-preserving, collusion-resistant zk voting infrastructure, and multi-chain Quadratic Governance protocol stack, the on-chain mechanism that democratizes public goods funding.

Last week, the Cosmos Hub community approved governance proposal No.917 and a $1 million grant to AEZ Quadratic Grant to run ten rounds of Quadratic Funding in the next 24 months via Dora Factory’s Voting appchain, Dora Vota. All of the funding will be distributed to public good builders and start-ups in the Cosmos Hub and related ecosystems building a prosperous ATOM Economic Zone.

Earlier this year, Dora Factory announced its first strategic round led by dao5, a new venture capital firm founded by former Polychain General Partner Tekin Salimi, and Whampoa Digital, co-founded by Amy Lee, a former senior partner at Lee & Lee, a Singapore law firm started by Lee Kim Yew and Singapore's first prime minister, Lee Kuan Yew and his wife, as well as Lee Han Shin from the business families of Lee Rubber Group and OCBC Bank. Prior to this, Dora Factory had raised a total of $17.5 million in 2021, with investors including Binance Labs, HashKey, and The LAO.

"Building leading public goods funding and governance infrastructure is a critical step for the Dora team to advance the global hacker movement and drive frontier tech innovation," said Eric Zhang, Architect of Dora Factory. "We are humbled to receive much support from our ecosystem partners and the Web3 community. In fact, decentralized governance has a deep and interesting tech stack, and we are still at a very early stage. There are a lot of exciting developments ahead. The work from Dora Factory during the past three years has laid a solid foundation for them."

Since its founding in 2020, Dora Factory has dedicated itself to the research and development of decentralized governance infrastructure and applications. Over 2,000 startups have secured $20 million in grants on-chain with Dora Factory’s infrastructure.

Over 30 Web3 ecosystems, including Aptos, Celestia, Injective, Klaytn, and Akash, have worked closely with Dora Factory as their core ecosystem partner and adopted Dora Factory’s protocol stacks. Through Public Good Staking, an innovative initiative created by the Dora Factory team in 2022, they have provided long-term, block-native, sustainable funding support to public goods builders and early-stage developer teams.

"The assets under governance for on-chain communities has grown to a hundred-billion dollar scale. Now is the golden era for governance technology," said Erick Zhang, Partner of Nomad Capital. "After four years of dedicated development and iteration, Dora Factory has grown to the industry's cornerstone public goods infrastructure. We are thrilled to support the Dora team in their mission to empower developers, foster innovation in the Web3 space and expand the adoption of new technologies, including aMACI, through this investment."

"Dora Factory’s development of Dora Vota and anonymous privacy voting technology demonstrates their leadership in Web3 governance and public good funding. This is a crucial piece of blockchain’s value proposition, and we recognize their impact with millions of votes cast and over 2000 projects receiving funding via QF. Our investment is a first step in continuing to support their effort.” said Gin Chao, Founding Partner of No Limit Holdings.

"With support from new investors, we are excited to grow the Dora Factory ecosystem further. Our plans include innovations in multi-chain quadratic funding and Public Good Staking, encouraging developers to expand the use cases of anonymous MACI, and building new governance apps on Dora Vota. Our goal is to deliver a suite of products that provide an exceptional experience for on-chain communities and teams working on frontier technologies," commented Steve Ngok, core contributor to Dora Factory.

---

About Dora Factory

Dora Factory builds protocols and infrastructures to enable decentralized governance and efficient funding for the global hacker movement, open-source communities, and Web3 public goods. Dora Factory's flagship Public Good Staking is currently one of the fastest-growing multi-chain staking infrastructures in the industry, providing block-native incentives to grow the next generation of blockchains. Dora Vota is a special-purpose blockchain for decentralized governance, supporting general MACI interface, anonymous MACI, and quadratic governance rounds.

To use Dora Factory products, go to DoraFactory.org.

For more information, visit research.dorahacks.io

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Understanding the Nature of Fouls in Football:

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• Types of Fouls: Common fouls include tackles, handballs, and unsporting behavior.
• Referee Influence: Referees' leniency or strictness can significantly impact the number of fouls in a match.

Key Factors to Consider When Betting on Fouls:

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• Match Context: High-stakes matches often see more fouls due to increased intensity.
• Tactical Play: Teams employing physical or defensive tactics are likely to commit more fouls.

Betting Markets for Fouls on Megapari:

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• Player Fouls: Wagering on individual players to commit a certain number of fouls.
• Team Fouls: Betting on which team will commit more fouls.

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• Live Betting: Use live betting options to place wagers as the match unfolds and player behaviors become apparent.
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• Live Updates: Get real-time updates and adjust your bets accordingly.
• Promotions and Bonuses: Take advantage of special promotions for foul-related bets.

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The Birth of Online Betting

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• Key Developments: Introduction of secure online payment methods, basic user interfaces, and limited live betting options.

Technological Advancements:

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• Significant Innovations: Enhanced security measures, the advent of live streaming, and the introduction of mobile betting apps.

Melbet’s Entry and Impact:

Melbet entered the market with a focus on user-centric features and extensive betting options. By offering a wide range of sports, casino games, and innovative betting markets, Melbet set a new standard in the industry.

• Unique Features: Real-time betting, diverse payment options, and a comprehensive mobile app.

User Experience and Interface:

Early online betting platforms were often clunky and difficult to navigate. Melbet, however, prioritized a seamless user experience, making it easy for bettors to find and place bets quickly.

• User-Friendly Design: Intuitive interface, quick access to popular bets, and personalized user dashboards.

Live Betting and Real-Time Updates:

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• Real-Time Betting: Live odds adjustments, instant bet placement, and interactive features like cash-out options.

Future Trends in Online Betting:

The future of online betting looks promising with advancements in artificial intelligence, virtual reality, and blockchain technology. Melbet continues to innovate, staying ahead of trends and offering cutting-edge features to its users.

• Emerging Technologies: AI-driven predictions, VR-based betting experiences, and secure blockchain transactions.

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The streak of writing consecutively on SN has come to an end after a successful 37 days. It’s a bit of a bummer since I had just set my next target to reach 90 days. However, this break in the streak sparked two thoughts that I felt were worth sharing.

The first thought comes from an explanation I heard a while back when I was working on breaking an unhealthy habit. I can’t remember who said it or how it was exactly worded, but the idea was that you don’t start all over again from zero when you lose a streak. You simply pick up from where you left off, and the effort and energy put into your previous streak continue to count as you build back up again. The person also emphasized the power of zooming out and looking at it over a year. As long as the total number of days you work on building (or breaking) a habit each year is more than the previous year, and continues to increase annually, you are heading in the right direction regardless of the consecutive streak. In the case of writing on SN, I’ve already written and posted 37 more days than I did the whole of last year. And I will continue to keep stacking those days of writing. So, if you recently lost a streak and are feeling down, don’t be. Chances are, compared to previous years, you’ve already done more or are well on your way to doing so!

The second point I wanted to bring up is the concept of quality over quantity. I absolutely believe in this concept, especially in the long term. However, I also think there’s a great advantage to focusing on quantity and getting your reps in. Think of it as quantity being preparation for quality. Eventually, we all want to emphasize quality and maintain it in whatever we do, but in the early stages of learning or practicing anything, there is value in quantity as well. In my case, writing consecutively on SN has helped me improve my writing skills, and because of the regular practice, the quality of my writing has gradually improved. As the number of reps increases, the quality begins to develop. And when the beneficial effects of quantity start to slow down, as tends to happen with the natural diminishing returns of focusing only on quantity, one can start focusing more on the quality of each rep. In the long run, I envision myself continuing to write either on SN, on my own blog, or maybe for some company, where the emphasis will be on quality over quantity. But for now, as I still have a lot of areas to improve in my writing ability, I will continue to prioritize getting my reps in and focus on quantity as a path to quality.

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Table Of Content

• Content

• Conclusion

• FAQ

• You May Also Like

• External Links

Indicators, both leading and trailing, may be used to gauge the health of an economy or financial market. In other words, leading indicators change before a market trend or economic cycle.In contrast, trailing indicators are backward-looking and provide information about a market's or economy's past performance.

meaning that whereas lagging indicators provide signals based on an ongoing trend, leading indicators give predictive signals (in advance of the occurrence of events or trends). Stock, forex, and cryptocurrency traders rely heavily on these two types of indicators because of their use in technical analysis (TA).

The history of technical analysis (TA) indicators in the financial markets dates back to the early 20th century. These indicators are based on concepts established between the years spanning 1902 and 1929, when the Dow Theory was formulated. Simply put, the Dow Theory argues that price fluctuations are not random and may be anticipated via careful study of past market activity.

Additionally, both leading and trailing indicators are used when charting economic success. Because of this, they are connected to a wide range of economic data and indices in addition to technical analysis and market pricing.

How do leading and lagging indicators work?

Leading indicators

As was previously said, leading indicators may shed light on upcoming patterns. As a result, these metrics might be used to foretell the onset of a downturn or the beginning of a rebound. The stock market, retail sales, and the issuance of construction licenses are just a few examples.

Thus, leading indicators are best used for short- to medium-term forecasting because of their tendency to lead economic cycles. Permits to construct buildings, for instance, may serve as a proxy for future economic growth. They could be a sign that the need for construction workers and real estate investments will grow.

Lagging indicators

In contrast to leading indicators, which are used to predict future trends, lagging indicators are used to detect patterns that have already taken place. That's why indicators of this kind always lag behind business cycles.

Long-term evaluations, such as those based on past economic performance or past pricing data, sometimes use lagging indicators. That is to say, lagging indicators are those that provide indications based on a market trend or financial event that has already taken place.

Coincident indicators

Coincident indications are a third kind of indicator worth considering, despite their lower profile in the bitcoin industry. These signs fall between the extremes of the previous two categories. They function very quickly in order to provide data on the present state of the economy.

The number of hours worked by a workforce or the output of a certain industry (like manufacturing or mining), for example, might be used to construct a coincident indicator.

However, it is important to remember that there is some fuzziness around the precise definitions of leading, lagging, and coincident indicators. Depending on the chosen approach and the given circumstances, several signs may be classified differently. particularly prevalent in economic metrics like the gross domestic product (GDP).

Gross domestic product is often a lagging indicator since it is determined by looking back at previous data. However, it may be a coincident signal in certain circumstances when it reflects rapid changes in the economy.

Uses in technical analysis

Financial markets include economic data as well. To help them make decisions, many investors and chartists use technical analysis tools that may be classified as either leading or lagging indications.

The primary function of the leading TA indicators is to serve as a type of forecasting. They often depend on current market conditions and the number of trades. This suggests they may foretell future market shifts. However, they have the same limitations as any other kind of data analysis.

The relative strength index (RSI) and the stochastic relative strength index (Stochastic RSI) are two technical analysis leading indicators. Candlesticks, too, may be interpreted as a leading indication because of the patterns they produce. In the real world, these trends could help us predict what the market will do next.

In contrast, trailing TA indicators use historical data to provide traders with information about the past. Nonetheless, they might be useful for anticipating the emergence of new market trends. For instance, the beginning of a downtrend may be signaled when the price falls below a moving average after an uptrend has ended.

Both sorts of indicators may sometimes be seen side by side on the same chart. For example, the Ichimoku Cloud includes both forward-looking and trailing data.

There are benefits and drawbacks to using both leading and trailing indicators in technical analysis. Indicators that may foretell future trends, known as "leading indicators," seem to provide the most promising chances for traders. Unfortunately, leading indications may provide false readings.

However, trailing indicators are more trustworthy since their boundaries have already been established by recent market activity. However, lagging indicators have a clear drawback in that they are slow to respond to changes in the market. In certain situations, the indications may arrive too late for a trader to establish a profitable position, reducing the possible profits.

Uses in macroeconomics

Indicators serve as a valuable tool for analyzing macroeconomic developments in addition to the pricing market. Even though economic indicators are distinct from technical analysis indicators, they nonetheless fall into two basic categories: leading and trailing.

Other examples of leading economic indicators include retail sales, home prices, and factory activity levels. The common consensus is that these factors will influence or at least shed light on what the economy will do in the future.

Unemployment and inflation rates are two more standard instances of trailing macroeconomic indicators. These metrics, along with gross domestic product and the consumer price index, are often used to evaluate a country's progress over time or to compare it to others'.

Conclusion

Both leading and trailing indicators play crucial roles in several subfields of finance, from technical analysis to macroeconomics. Because they often combine many distinct ideas into a single tool, they are useful for interpreting a wide range of data types. Therefore, these indicators may be used to foretell or verify the occurrence of future trends. On the other hand, they may be helpful for judging a country's economic progress in terms of past years or international standards.

FAQs

What are the leading indicators in crypto? Predicting future price changes using historical data is what leading indicators are all about. To initiate a trade at the beginning of a trend, traders may use these sorts of indications to foretell the direction in which prices will go.

How do you tell if an indicator is leading or lagging? The forward-facing indicators, known as "leading indicators," scan the road ahead through the glass. To see where you've been, lagging indications use the rear window. Lagging indicators provide information about the past, such as revenue, and are used in finance.

What are leading and lagging indicators in trading? The goal of leading indicators is to foretell where the price is going, whereas the purpose of lagging indicators is to provide a report on the past circumstances that led to the present price. Over time, trend indicators (lagging indicators) determine whether a market is going up, down, or staying relatively stable.

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@ 52387c6b:49dbdfb2

Chef's notes

Easy start to the day, can also put some Woostr in your Bloody Mary. Perfect for washing down the toast. Breakfast of champions. If you have some sharp cheddar you can melt this on the toast, altho this may prove too complex for the average bloke, just an option. Be mindful this will add significant prep and cook time. 2-3 minutes

Details

• ⏲️ Prep time: 30 sec
• 🍳 Cook time: 2 min
• 🍽️ Servings: 1

Ingredients

• 2 slices of bread
• Butter
• Woostr sauce
• Bloody Mary

Directions

1. Toast bread to your liking, lather a dollop of butter on. Criss cross the toast with a butter knife ( so the woostr dont roll off) and then drizzle on woostr.

@ 1123ece2:7d1e00c0

Welcome to The Refinery.

The Master’s recipe for Effective Praying is the theme we have been working through for the last few Sunday's and is a study of the petitions found in the Lord’s prayer.

Today we are discussing, Thy Will Be Done.

The Text we will concentrate on today is,

Matthew 6:10 NKJV

10 Your kingdom come. Your will be done On earth as it is in heaven.

Further Scripture Reading includes,

Luke 22:39-46 NKJV

The Prayer in the Garden

39 Coming out, He went to the Mount of Olives, as He was accustomed, and His disciples also followed Him. 

40 When He came to the place, He said to them, “Pray that you may not enter into temptation.”

41 And He was withdrawn from them about a stone’s throw, and He knelt down and prayed, 

42 saying, “Father, if it is Your will, take this cup away from Me; nevertheless not My will, but Yours, be done.” 

43 Then an angel appeared to Him from heaven, strengthening Him. 

44 And being in agony, He prayed more earnestly. Then His sweat became like great drops of blood falling down to the ground.

45 When He rose up from prayer, and had come to His disciples, He found them sleeping from sorrow. 

46 Then He said to them, “Why do you sleep? Rise and pray, lest you enter into temptation.”

Introduction.

“It is God’s will.”

These words are often used to interpret the tragedies of life.

In legal language, “an act of God” is used to explain the great catastrophes that bring so much suffering and ruin.

Yet Jesus instructed us to pray, “Thy will be done.”

Does that mean that we are praying for catastrophes and tragedies to fall upon us?

Such tragic events are not what we find associated with God’s will in the Bible.

God wills to create a world, to create humans, to send His Son, to redeem humans.

These things are an expression of God’s eternal purpose and will be accomplished, so there is really no need for us to pray for the accomplishment of them.

But God’s will also includes His commands and His plan for our day to day lives.

Thus we need to pray that His will might be done in our lives and in the lives of others.

The concern of this particular petition is how we are to do God’s will.

Since His will is to be done “on earth as it is in heaven,” we are to look to heaven for our pattern of response.

Even though we do not know as much about heaven as we would like to know, we do know enough to give us some helpful instructions at this point.

1. **Submissively. **

There is only one Lord in heaven.

Every creature bows before Him in worship, adoration, and submission.

In Isaiah six, Isaiah records that he saw angelic beings with six wings.

Two of their wings were used to fly with the speed to carry out God’s every wish, and two we used to cover their faces as an act of reverence in His presence.

In the end time revelation of Jesus Christ, John saw the saints bowing before God and casting their crowns at His feet.

John describe the saints as those who “serve Him day and night.”

He is absolute Lord over everything there, and everyone is completely submissive to His will. 

Sometimes we obey without actually being submissive.

A little boy once expressed this thought eloquently to his mother when she made him sit in the corner as a form of discipline.

He didn't like it, so he tried to stand up.

But she was firm and insisted that he be seated.

As he took his seat, he replied, “I may be sitting on the outside, but I'm still standing on the inside.”

She could make him respond physically, but she could not make him submissive in the spirit.

Some of us respond to God's will in this way.

We give in to the insistence of God, but we do not really submit to him as Lord.

Thus petition “Thy will be done on earth as it is in heaven is a place that we would have the very spirit of heaven as we approach God's will.

Our attitude and doing God's will is just as important as the act itself.

2. Completely.

Completely means not selectively.

In heaven God's will is done completely.

The angels are not selective in their obedience to God's will. 

Whatever God says, they do.

Those who refused to give the Lord God complete obedience and chose to exercise their own will in opposition to his will have been excluded from heaven.

They are no longer privileged to enter into God's presence. 

Jesus teaches us to pray that God's will maybe done in our lives and in our world.

We have a tendency to be selective in our response to God's will.

We pick which of His precepts will guide us.

For example, a man may choose to follow the Lord's will in attending public worship, but he may choose to ignore God's will when it comes to tithing.

Another man may be very careful for the follow the Lord's will for stewardship.

He may be more careful than a Pharisee when it comes to calculating his tithes and offerings, but he may ignore the Lord's will for his marriage and instead follow the last of the flesh.

In heaven it is never so!

There God's will is done completely.

Completely means not partially.

We may also be partial in our obedience. 

We may reserve the right to determine exactly how far we will go in our response to God's will.

But partial obedience is actually disobedience.

Whatever God says, we must do. 

3. Joyfully.

Joyfully like the angels.

Joy is one of the most obvious marks of the heavenly response.

Scripture tells us that the angels sing as they do the will of the Father in heaven.

We must be joyful like the Son.

In Psalm 40:8, we read, “I delight to do Your will, O my God, And Your law is within my heart.”

Jesus did not do the father's wheel out of a sense of duty, but rather with great delight.

In John 4:34 Jesus said, “My food is to do the will of Him who sent Me, and to finish His work.”

He found real joy in doing the will of his father.

It was food for His spirit.

Our response to the will of God will be one of our first concerns when we before Him.

We need to be concerned that we know his will fully and do it joyfully.

4. Constantly.

We have no record of ever being a need for revival in heaven.

No Angel ever waivers in his devotion to God's will.

No Angel ever withdraws his support from the Lord's program.

Day after day he does whatever God commands.

Millennia pass by and angels still obey with the same joy and delight, doing whatever task God assigns them.

Our Lord Jesus also provides us with a beautiful example.

He allowed nothing to turn him from doing the Fathers will.

With a willing heart and delight in His God, He went all the way to the cross.

Conclusion.

Are you giving consideration to God's will in your life?

It should be one of your first considerations when you come to pray.

It is more important that you know and do God's will and that you have your daily bread.

God makes this a matter of first concern.

Will you? 

Until next time

Stay in the Blessings

I really want to encourage you to be diligent with your Bible study time, because God has so much more for us than we can get from just going to church once or twice a week and hearing someone else talk about the Word.

When you spend time with God, your life will change in amazing ways, because God is a Redeemer. Theres nothing thats too hard for Him, and He can make you whole, spirit, soul and body!

You’re important to God, and you’re important to us at The Refinery.

When it comes to prayer, we believe that God wants to meet your needs and reveal His promises to you.

So whatever you’re concerned about and need prayer for we want to be here for you! Or even if you just want to say Hi, you can contact us at www.refinerylife.org

2024 IS A YEAR OF DECISIONS AND OPEN DOORS

© www.refinerylife.org  2013-2024 All rights reserved. Except as permitted under the Australian Copyright Act 1968, no part of this Article may be reproduced, stored in a retrieval system, communicated or transmitted in any form or by any means without the prior written permission. 

This episode is brought to you by Refinery Life Australia:

If you enjoy The Refinery Life Radio Podcast you can help support The Refinery by doing the following:

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@ 44dc1c2d:31c74f0b

Chef's notes

If you don't have peanuts, you can sub it with peanut butter, but you'll want to cook with less salt as the peanut butter can add too much salt to the dish.

Details

• 🍽️ Servings: 4

Ingredients

• 2 1/2 cups Coconut Milk
• 3 Tbsp Red Curry Paste
• 3 Tbsp Thai Fish Sauce
• 2 Tbsp Palm sugar or light brown sugar
• 1 LB rump streak cut into thin strips
• 2 Lemon Grass Stalks, Bruised
• 3 oz Ground Roasted Peanuts
• 2 Fresh Red Chilies, Sliced
• 5 Kaffir Lime Leaves, Torn
• Salt and Pepper
• Thai Basil for Garnish
• 2 Salted eggs to serve with

Directions

1. Put half the coconut milk in a large pan or Wok and heat gently until it begins to boil and separate.
2. Add the curry paste and cook over medium heat until fragrant. Then add the Fish sauce, sugar and lemon grass.
3. Continue to cook until the color of the sauce deepens
4. Add the remaining coconut milk. Bring back to boil. Add the beef and peanuts. Cook for another ~10 min
5. Add the chilies and the torn Kaffir Lime and adjust the seasoning. Garnish with whole Basil leaves and serve with a salted egg and rice.

@ 6389be64:ef439d32

Lynn Margulis suggests that evolving life is predicated upon the cooperation of cells and not competition. Symbiosis, not mutation, drives evolution by transferring whole genes from cell to cell instead of random point mutations in organisms' basic instruction set.

What if developers of Bitcoin, nostr, etc. reject (for the time being) modern market competition and embrace collaboration? Forming companies for profit seem to be flashing a target for regulatory pressures at this time.

@ 0e95a7a7:21caf82b

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ 3f770d65:7a745b24

Chef's notes

For the dough, combine the water, yeast, honey, and olive oil in the bowl of an electric mixer fitted with a dough hook. Add 3 cups flour, then the salt, and mix. While mixing, add 1 more cup of flour, or enough to make a soft dough. Knead the dough on low to medium speed for about 10 minutes until smooth, sprinkling it with flour, if necessary, to keep it from sticking to the bowl. When the dough is ready, turn it out onto a floured board and knead by hand a dozen times. It should be smooth and elastic. Place the dough in a well-oiled bowl and turn it several times to cover it lightly with oil. Cover the bowl with a kitchen towel. Allow the dough to rest at room temperature for 30 minutes.

Divide the dough into 6 equal parts and roll each one into a smooth ball. Place the balls on a baking sheet and cover them with a damp towel. Allow the dough to rest for 10 minutes. Use immediately, or refrigerate for up to 4 hours.

If you've chilled the dough, take it out of the refrigerator approximately 30 minutes ahead to let it come to room temperature. Roll and stretch each ball into a rough 8-inch circle and place them all on baking sheets sprinkled with cornmeal. (You will be able to fit 2 pizzas on each 18 by 13-inch baking sheet.) You may also use a cast iron skillet if so desired.

Details

• ⏲️ Prep time: 45 minutes
• 🍳 Cook time: 15 minutes
• 🍽️ Servings: 6

Ingredients

• 1 1/4 cups warm (100 to 110 degrees F) water
• 2 packages dry yeast
• 1 tablespoon honey
• 3 tablespoons good olive oil
• 4 cups all-purpose flour, plus extra for kneading
• 2 teaspoons kosher salt

Directions

1. Preheat the oven to 500 degrees
2. Bake for 10 to 15 minutes, depending on your desired level of crisp.

@ 0e95a7a7:21caf82b

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ 99fad67a:6f7fdea1

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ 99fad67a:6f7fdea1

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ 7308f407:94057dcf

Chef's notes

https://youtu.be/t0CBKwPIOLk?si=rLP0-9aDx0PNbumM

Details

• ⏲️ Prep time: Prep Time for Birria Beans
• 🍳 Cook time: Initial Boiling
• 🍽️ Servings: The serving size for the Birria Beans recipe depends on the quantity of beans and broth used. Given the ingredients listed, this recipe typically serves approximately 8-10 people+.

Ingredients

• 12 cups broth from birria (previous recipe)
• 1/2 onion
• 4 jalapeños or serrano peppers
• Water
• Salt to taste
• Beef from birria (optional)

Directions

1. Wash the beans and let them soak for 30 minutes.
2. In a large pot, add all the ingredients above.
3. Set the heat to high and allow the mixture to come to a boil. Let it boil for 10 minutes.
4. Reduce the heat to medium-low and cook for about 2 to 3 hours until the beans become soft.
5. -To check the consistency of the beans, remove one from the pot to a plate. Using a fork, poke through to cut it in half. This method will help you easily tell if they are soft. You can also taste the beans.
6. -If they are not soft yet, continue to cook for another 30 minutes.
7. Every 30 minutes to 1 hour, check the beans to ensure they have enough water to cover them. They will dry out if the water level drops below the beans.
8. You can also add beef from birria into the beans for added flavor.
9. Enjoy the savory and slightly spicy flavor of the pinto beans cooked in red birria broth, topped off with cilantro, onion, and lime.

@ e052fee1:bceaacc8

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ c6fca539:dba5bdc3

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ 7308f407:94057dcf

Chef's notes

This recipe is from a YouTube video that my mom sent to me because she wanted to try it. I made the recipe for my family once, and it was a success. We made Birria bowls, Birria nachos, Quesatacos (crispy tacos filled with cheese, birria, cilantro, onion and Salsa Macha.) I have been using this recipe for the last three years.

The YouTube title is "BIRRIA ESTILO TIJUANA en la birriería 'EL HOMMIE'". https://youtu.be/zAn8iM8dR14?si=gdYKBPyqyX13bwyo

Details

• ⏲️ Prep time: The prep time for the recipe involves several steps, including preparing the vegetables, roasting and preparing the chiles, blending the ingredients, and straining the sauce. Here's a rough estimate of the prep time: Preparing vegetables and chiles (cutting, roasting, and removing seeds): 15 minutes Blending and straining the sauce: 10 minutes Mixing ingredients and initial setup for cooking the meat: 10-15 minutes Overall, the estimated prep time is now approximately 35-40 minutes.
• 🍳 Cook time: The cooking time for the recipe involves several steps: Boiling the sauce: 20 minutes Cooking the meat in the broth: 4-8 hours (The cooking time for the meat in the broth depends on how small or big you cut the meat before cooking.) Additional steps such as cooking down the fat (if using for Quesatacos): 20 minutes Overall, the estimated cooking time is approximately 4 hours and 40 minutes to 8 hours and 40 minutes.
• 🍽️ Servings: This recipe typically serves approximately 8-10 people +, depending on how much meat each person eats or how many tacos you make.

Ingredients

• 24 Guajillo chiles
• 17 Pasilla chiles
• 1 large onion
• Water (to boil dry chiles)
• 5 cloves
• 2 bay leaves
• 3 tablespoons salt
• 5 garlic cloves
• Salt to taste
• Ingredients for Cooking Birria:
• 1/2 bunch cilantro
• 10 tablespoons dried oregano
• 2 teaspoons dried thyme
• 1 + 1/2 tablespoons ground black pepper
• 2 tablespoons ground cumin
• 6 cups water
• Adobo sauce (from dry chiles listed above)

Directions

1. Adobo Sauce Preparation:
2. To prepare the vegetables for the Adobo sauce, cut the tomatoes into halves. Next, cut the white onion into quarters.
3. Remove the stem and seeds from the dried peppers. Roast the ancho and guajillo chiles for a couple of seconds on each side.
4. In a medium/large pot, turn the heat to medium. Add water, chiles, onion, tomatoes, five garlic cloves, five cloves, and two bay leaves along with three tablespoons of salt.
5. As some of the vegetables and spices boil, blend the ingredients from the pot. Once combined, add them back to the pot and merge the next batch.
6. Remove the bay leaves to prevent them from blending into the sauce.
7. Once all ingredients are blended, boil the sauce for 20 minutes, removing the foam that rises to the surface. Cooking the sauce down allows the tomatoes to break down and develop a great taste with the spices.
8. After the sauce is finished cooking, use a large bowl and metal strainer to strain the sauce, removing the pepper seeds and any remnants of the tomato.
9. Meat Preparation:
10. In a large pot, add the meat along with 1/2 bunch of cilantro, ten tablespoons of dried oregano, two teaspoons of dried thyme, 1 1/2 teaspoons of ground black pepper, two tablespoons of ground cumin, six cups of water, and the Adobo sauce you previously made.
11. Mix all ingredients in the pot to ensure the Adobo sauce is evenly dispersed.
12. Cook on high heat until it begins to boil. Once boiling, stir the ingredients, cover with a lid, and set to the lowest heat setting on the stove. Cook for about 4-8 hours with the lid on.
13. After the cooking time, verify that the meat is tender by using a fork to cut through. If the meat is not tender enough, add more time to cook on low.
14. If the meat is to your desired consistency, remove it to another bowl. Allow the meat to cool down if you are shredding it by hand. If not, keep it aside to add back to the pot once the broth is strained. You can also chop the meat using a knife to break it down into smaller pieces.
15. Remove the cilantro and discard it along with any other unwanted parts from the broth.
16. Remove the fat from the broth into a bowl and keep it aside if you would like to use it for Quesatacos.
17. If using the fat from the broth, cook it down on medium heat for about 20 minutes. This breaks down the fat from a solid to a liquid. After cooking, strain the fat to separate the solids from the liquid.
18. Strain all sauce using a metal strainer.
19. Leave some sauce on the side if you are making beans with the broth (about 12 cups).
20. Once the broth is strained, add the meat back into the pot.
21. Ready to serve with meat in its broth, as Quesatacos, or however you would like to enjoy the Birria.

@ 000002de:c05780a7

Our old WEF buddy is at it again on this bitcoin is a system of distrust thing. He talked about this before but goes into more detail about his thinking here.

You can watch the video here without visiting Twitter

When I say that Bitcoin is a currency of distrust, I'm just repeating what Bitcoin fans themselves say. There may be good reasons not to trust the banks and governments that create dollars, yens, and other currencies – but that doesn’t change the fact that the preference for Bitcoin is based on distrust of human institutions. Why is this an alarming development? Because the whole purpose of money is to create trust between strangers. Financial devices like currencies, bonds and shares – 90% of which are just data in computers – build trust between millions of strangers, who can then pool their knowledge and resources together, and cooperate. Humans control the world because we learned to do this. If we now lose trust in human institutions, this will limit the amount of money and handicap economic activity and cooperation. I hope that humanity finds a way to build trustworthy human institutions, instead of adopting technologies of distrust..

@ e052fee1:bceaacc8

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ c6fca539:dba5bdc3

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ 92cb589e:adb37f9b

yo

@ e789edd6:7fb7ddb5

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ c11cf5f8:4928464d

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@ e789edd6:7fb7ddb5

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ 126a29e8:d1341981

Esta es la traducción de una carta de Ross Ulbricht que se publicó en su blog en Septiembre de 2019. Podéis leer el artículo original aquí: https://rossulbricht.medium.com/bitcoin-equals-freedom-6c33986b4852

Algo especial sucedió en el primer año después de que Satoshi nos regalara Bitcoin. Algo que nadie esperaba y que muchos pensaban que era imposible. Intenta imaginar Bitcoin en aquel entonces, antes de que pudieras comprar cosas con él, antes de que hubiera un tipo de cambio, antes de que nadie supiera realmente qué pasaría con él, si es que pasaba algo. Bitcoin no empezó como dinero. Se convirtió en dinero, pero lo hizo de forma distinta a cualquier dinero anterior. A pesar de todas las cosas que Bitcoin ha hecho posibles, a pesar de todas las formas en que está cambiando nuestro mundo, no apreciamos plenamente o ni siquiera entendemos lo que sucedió en aquellos primeros días, cuando era sólo un juguete para geeks.

Cualquier otro dinero anterior al Bitcoin -en la larga historia de la civilización humana- se valoraba por razones distintas a su uso como dinero. El ganado en África, los sellos de correos en las prisiones, las conchas marinas y los metales preciosos se han utilizado como dinero y encajan en este patrón. La única excepción es el dinero fiduciario -algo declarado como dinero por una autoridad-, pero incluso las monedas fiduciarias nacionales estuvieron en su día respaldadas por algo con valor previo, como el oro.

Bitcoin cambió todo eso. Bitcoin no tenía ningún valor previo y nadie estaba obligado a utilizarlo, pero de alguna manera se convirtió en un medio de intercambio. Las personas que no entienden y se preocupan poco por Bitcoin pueden, sin embargo, aceptarlo como pago porque saben que puede ser utilizado para pagar por otra cosa o ser intercambiado por dinero convencional.

La gente suele mencionar las pizzas que se compraron por diez mil bitcoins y, en retrospectiva, se burlan del tipo que se comió lo que se convertiría en un almuerzo multimillonario. A mí me interesa más la persona que renunció a dos pizzas en perfecto estado por meros bitcoins. ¿Qué vio en esos bits y bytes, en esa firma digital de algo que la gente llamaba cadena de bloques? Lo que motivó al vendedor de pizzas pudo haber llamado también la atención de los primeros mineros, que no podían vender pero acumulaban alegremente. Quizá inspiró a los que simplemente regalaban bitcoins por miles. Fuera lo que fuese, era algo nuevo.

La teoría económica clásica dice que un intercambio no se produce a menos que ambas partes valoren más lo que reciben que lo que entregan. Entonces, ¿de dónde viene el valor? Bitcoin nunca debería haber despegado, pero lo hizo. Incluso un producto nuevo tiene algún tipo de valor, y los primeros en adoptarlo corren el riesgo de no obtener el valor de su dinero, pero aún así esperan ganar con el intercambio.

En cambio, los primeros usuarios de Bitcoin no tenían ni idea de lo que sabemos ahora. Todo lo que tenían era un sueño, una convicción y el entusiasmo suficiente para convertir un artilugio digital en un fenómeno multimillonario del que sólo estamos empezando a ver los efectos.

Te diré lo que creo que pasó, aunque lo cierto es que nadie lo sabe. Es casi magia que Bitcoin pudiera surgir de la nada y, sin valor previo ni decreto de autoridad, convertirse en dinero. Pero Bitcoin no se originó en el vacío. Fue la solución a un problema con el que los criptógrafos llevaban lidiando muchos años: Cómo crear dinero digital sin autoridad central que no pudiera falsificarse y en el que se pudiera confiar.

Este problema persistió durante tanto tiempo que algunos dejaron la solución a otros y soñaron en cambio con cómo sería nuestro futuro si el dinero digital descentralizado llegara a existir de alguna manera. Soñaban con un futuro en el que el poder económico del mundo estuviera al alcance de todos, en el que el valor pudiera transferirse a cualquier lugar con sólo pulsar una tecla. Soñaban con que la prosperidad y libertad dependieran únicamente de las matemáticas de una encriptación robusta.

Bitcoin nacía pues en terreno fértil y era reconocido por quienes lo habían estado esperando. Fue un momento histórico para ellos, mucho más importante que las pizzas o las facturas de la electricidad generadas por la minería. La promesa de libertad y el encanto del destino dieron energía a la comunidad inicial. Bitcoin se adoptó consciente y espontáneamente como dinero mientras nadie lo veía, y nuestro mundo nunca volverá a ser el mismo.

https://freeross.org

@ 12fd224c:faab5655

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ 12fd224c:faab5655

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ 2dd85fbc:39b95d53

What is a crypto broker? All about crypto broker and cryptocurrency and about choosing the best crypto broker amongst all. A crypto broker is a service or platform that acts as an intermediary between buyers and sellers of cryptocurrencies. Crypto brokers facilitate the trading of digital assets like Bitcoin, Ethereum, and other altcoins, making it easier for individuals and institutions to buy, sell, and trade these currencies. Here’s an overview of what a crypto broker does and the services they provide:

What is a Crypto Broker?

A crypto broker provides a user-friendly interface that simplifies the process of trading cryptocurrencies. Unlike cryptocurrency exchanges, which connect buyers and sellers directly in a decentralized manner, crypto brokers often offer fixed prices and handle the transactions on behalf of the user. This can make the trading process faster and more convenient, especially for beginners.

Key Features of a Crypto Broker:

1. Ease of Use:

2. Crypto brokers offer intuitive platforms that are easy to navigate, making it simple for users to execute trades without needing deep technical knowledge of the underlying blockchain technology.

3. Fixed Prices:

4. Brokers often provide fixed prices for cryptocurrencies, which can be advantageous during periods of high market volatility. This means you know exactly what price you will pay or receive for a transaction.

5. Customer Support:

6. Many crypto brokers offer robust customer support services to help users with account issues, transaction queries, and technical problems.

7. Educational Resources:

8. Crypto brokers often provide educational materials, such as tutorials, articles, and webinars, to help users understand the market and improve their trading skills.

9. Additional Services:

10. Some brokers offer additional services like margin trading, portfolio management, and automated trading features.

Benefits of Using a Crypto Broker:

• Convenience: Using a crypto broker simplifies the trading process, making it accessible even for those new to cryptocurrencies.

• Speed: Transactions can be executed quickly since the broker manages the trading process.

• Security: Reputable crypto brokers implement robust security measures to protect user funds and personal information.

• Support: Dedicated customer service can assist with any issues or questions, providing a smoother trading experience.

How to Choose a Crypto Broker:

1. Regulation:

2. Ensure the broker is regulated by reputable financial authorities, which adds a layer of security and trust.

3. Fees:

4. Compare the fees charged by different brokers, including trading fees, withdrawal fees, and any other associated costs.

5. Reputation:

6. Look for brokers with positive reviews and a good track record in the industry.

7. Range of Services:

8. Consider what additional features and services the broker offers, such as educational resources, advanced trading tools, and customer support.

In summary, a [crypto broker]() is a valuable intermediary that simplifies the process of buying, selling, and trading cryptocurrencies, offering a range of services designed to cater to both novice and experienced traders.

@ 91e58ef2:0f378564

With the rapid development of blockchain technology, major platforms are accelerating the construction and expansion of their ecosystems. In early May, Neon significantly boosted its ecosystem capabilities and development through two key initiatives: launching the Lumen Money protocol and forming a strategic partnership with Eclipse. These moves not only strengthened Neon’s market position but also brought new opportunities and functionalities to its user and developer communities.

Firstly, the launch of Lumen Money provides Neon users with a new decentralized lending platform, allowing them to borrow and lend cryptocurrencies in a trustless manner. The protocol automates the lending process through smart contracts, with interest rates determined by dynamic algorithms based on the supply and demand of various supported cryptocurrencies. Additionally, since Lumen Money is deployed on Neon EVM, it can directly access the native liquidity of the Solana ecosystem and leverage its network advantages, significantly enhancing transaction efficiency and user experience.

Secondly, the collaboration between Neon and Eclipse marks a significant breakthrough in blockchain network interoperability. This partnership successfully overcomes the compatibility barrier between EVM (Ethereum Virtual Machine) and SVM (Solana Virtual Machine) by integrating the mature technology suite, Neon Stack, developed by the core team at Neon EVM. This move not only enhances compatibility between EVM and SVM but also creates more possibilities for developers and users, driving the development and deployment of innovative applications.

Through these strategic initiatives, Neon not only strengthens its technical foundation but also provides its user and developer community with broader operational scope and more efficient tools. This demonstrates its firm commitment to advancing the forefront of blockchain technology and promoting ecosystem diversity. Below, we will briefly analyze the potential impact of launching the Lumen Money protocol and collaborating with Eclipse on Neon’s development.

Launching Lumen Money: A Revolutionary Lending Protocol Lumen Money is a brand-new decentralized finance (DeFi) platform that offers users a trustless lending environment. The core of this platform lies in its smart contracts, which automatically handle all lending activities and adjust interest rates in real-time based on market supply and demand dynamics.

Deployed on Neon EVM, Lumen Money can seamlessly integrate into the Solana ecosystem, providing platform users with native liquidity advantages while fully leveraging Solana’s network features. Utilizing the Compound Finance codebase, Lumen Money establishes a comprehensive money market, allowing Solana users to borrow and lend funds directly from its rich asset pool.

The platform employs an over-collateralized lending model, meaning borrowers need to provide assets worth more than the loan amount as collateral. This approach enhances the security of the lending process. Borrowers can deposit their crypto assets into Lumen’s lending pools and earn interest on these assets. The interest rates are determined by a utilization-based rate curve model, initially pioneered by Compound Finance.

To improve user experience and security, Lumen Money offers a diverse range of money market options, including popular assets like ETH, SOL, USDT, and USDC. Additionally, Lumen Money plans to gradually add more asset classes, including long-tail assets that can be utilized in isolated lending pools. The platform integrates top-tier oracle services like Pyth and Chainlink and implements time locks and multi-signature mechanisms for core contracts to ensure secure and reliable transactions.

Moreover, Lumen Money has introduced the Lumen Loyalty Points system to encourage user lending activities and platform engagement. These points reflect users’ contributions to the Lumen ecosystem, with a portion allocated for community airdrops and another portion used for community incentives and revenue-sharing models.

As the Neon EVM ecosystem continues to grow, Lumen Money’s participation undeniably brings broader application scenarios and deeper market engagement to the Neon platform. This not only enhances Neon’s market competitiveness but also offers its users a more diverse range of financial tools and services, showcasing Neon’s proactive stance and capability in driving blockchain financial innovation.

Neon and Eclipse Collaborate to Overcome EVM and SVM Compatibility Barriers In the rapidly evolving blockchain technology landscape, the collaboration between Neon and Eclipse marks a significant breakthrough in compatibility between two major ecosystems. Through this strategic alliance, Eclipse becomes the first platform to integrate the Neon Stack, achieving seamless compatibility between the Ethereum Virtual Machine (EVM) and the Solana Virtual Machine (SVM). This accomplishment not only enhances the technical interoperability of the two platforms but also opens up new possibilities for developers and users, significantly advancing Web3’s penetration into the mainstream market.

Eclipse leverages its unique L2 modular design, combining Solana’s high-performance processing capabilities with Ethereum’s settlement features, to create a high-performance platform capable of handling large-scale transactions. The introduction of the Neon Stack provides crucial technical support to this structure, enabling SVM-based Eclipse to support native Ethereum dApps. This technological fusion resolves the long-standing incompatibility issue between EVM and SVM, allowing developers to deploy existing Ethereum applications on Solana without the need for extensive rewrites, while benefiting from lower transaction fees and faster processing speeds.

The Neon Stack itself is a comprehensive technological solution, including key components such as the Neon EVM smart contracts and Neon Proxy. These technologies not only simplify the process of transitioning from EVM to SVM but also enable Ethereum developers to seamlessly migrate to Solana by providing standard Web3 APIs. Additionally, the Neon Stack has been running on the Solana mainnet since July 2023, confirming its stability and efficiency.

This collaboration makes Eclipse the first platform in the market to leverage the advantages of both the Ethereum and Solana ecosystems simultaneously. Neel Somani, the founder and CEO of Eclipse Labs, stated, “Through our partnership with Neon Stack, we provide a platform for Solidity developers looking to build on high-performance Layer 2 solutions to realize their vision.” This integration not only strengthens the technical collaboration between the two platforms but also provides developers with a powerful tool to expand their applications without sacrificing performance.

Davide Menegaldo, Chief Business Officer of the Neon Foundation, added, “This collaboration is not just about technical integration but also about the convergence of two powerful ecosystems, providing a seamless experience for developers and users.” This technological collaboration and development signal a move towards broader applicability and acceptance of blockchain technology, offering a possible blueprint for the development of other platforms and applications within the industry.

Over the next few months, this collaborative relationship is expected to be fully realized through multiple rounds of testing and optimization. This will not only enhance interoperability for developers and users but also drive the widespread adoption of Web3 technology. Through this unprecedented technological collaboration, Neon and Eclipse are committed to building a more open, interoperable, and efficient blockchain ecosystem.

Leading the future: Innovative protocols and strategic partnerships drive a new blockchain landscape As a witness to the continuous evolution of blockchain technology, Neon has once again demonstrated its leadership in advancing the forefront of technology and expanding the ecosystem through the launch of the Lumen Money protocol and its strategic partnership with Eclipse. These initiatives not only bring technological innovation and market advantages to Neon but also open up new possibilities and opportunities for users and developer communities, potentially reshaping the way decentralized finance and application development are conducted.

However, Neon’s ambitions extend far beyond this. With the continuous maturation and expansion of the Neon EVM ecosystem, the company plans to continue driving innovation in its technology and services, aiming to become a leading platform in the blockchain space. By becoming a key player in the DeFi space with Lumen Money and accelerating blockchain interoperability through collaboration with Eclipse, Neon is steadily establishing its important position in the Web3 world.

Furthermore, as more developers and users experience the convenience and efficiency provided by Neon, the Neon EVM and its partner Eclipse will continue to be drivers of innovation, not only pushing forward blockchain technology but also building the Web3 revolution. This is just the beginning, and looking ahead, Neon is poised to lead more groundbreaking technological advancements, driving the entire blockchain industry towards broader applications and mainstream adoption.

@ b60c3e76:c9d0f46e

Deklarasi Menteri disahkan di akhir Pertemuan Tingkat Menteri World Water Forum ke-10 yang dihadiri oleh 106 negara dan 27 organisasi Internasional, Selasa (21/5/2024).

Hasil tersebut diungkap Menteri Pekerjaan Umum dan Perumahan Rakyat (PUPR) yang juga Ketua Harian Panitia Nasional Penyelenggara World Water Forum ke-10 Basuki Hadimuljono di Media Center World Water Forum ke-10 di Bali Nusa Dua Convention Center (BNDCC), Selasa (21/5/2024).

Pertama, pendirian center of excellence untuk ketahanan air dan iklim guna mengembangkan kapasitas, knowledge sharing & pemanfaatan fasilitas yang unggul.

“Sebagai negara kepulauan, Indonesia wajib berada di garda terdepan untuk mendorong inovasi dalam pengelolaan air dan sanitasi. Center of excellence ini bukan hanya untuk negara Indonesia, tapi juga untuk negara lainnya di Asia Pasifik,” kata Basuki.

Sejak November 2023, katanya, sudah dilakukan pembahasan deklarasi dalam tiga mekanisme di Markas Besar UNESCO Paris. Dalam deklarasi tersebut, Indonesia mengusung tiga prioritas.

Presiden World Water Council (WWC) Loic Fauchon pun dikatakan Basuki menegaskan bahwa semua proses tersebut adalah diplomatic victory (kemenangan diplomasi) bagi Indonesia.

Poin kedua dari Deklarasi Menteri adalah mengangkat dan mendorong isu pengelolaan sumber daya air secara terpadu pada pulau-pulau kecil. Meskipun dikelilingi perairan yang luas, Indonesia tetap memerlukan sistem kelola yang baik untuk mengatasi tantangan kualitas dan ketersediaan air bersih.

Ketiga, pengusulan Hari Danau Sedunia atau World Lake Day. Danau merupakan sumber pasokan air yang menghidupi manusia sekaligus memiliki fungsi sosial dan ekonomi masyarakat. Peringatan Hari Danau Sedunia tidak sekadar simbolis, namun sebagai salah satu kunci utama untuk menjaga kelestarian danau di seluruh dunia.

“Kita harus menjaga danau untuk memperpanjang hidupnya, inilah gunanya peringatan Hari Danau Sedunia,” ujar Basuki.

Ditambahkan Ketua Harian Panitia Nasional Penyelenggara World Water Forum ke-10 Basuki Hadimuljono, dalam penyelenggaraan World Water Forum ke-10 di Bali, ada tiga hal yang membedakan World Water Forum ke-10 dengan penyelenggaraan-penyelenggaraan sebelumnya.

Pertama, baru kali ini pertemuan World Water Forum menyelenggarakan konferensi tingkat tinggi (KTT), yang dibuka oleh Presiden Republik Indonesia Joko Widodo, Senin (20/5/2024).

Kedua, untuk yang kali pertama World Water Forum menghasilkan deklarasi menteri. ”Selain Deklarasi Menteri, salah satu yang menjadi capaian pada forum ini adalah berhasilnya Indonesia menyusun daftar proyek terkait air yang menjadi andalan dari berbagai negara,” kata Basuki.

Ketiga, berhasilnya Indonesia menyusun daftar proyek terkait air yang menjadi andalan dari berbagai negara. sebanyak 113 proyek senilai US$9,4 miliar, antara lain proyek percepatan penyediaan air minum bagi 3 juta rumah tangga dan proyek pengelolaan air limbah domestik bagi 300 ribu rumah tangga. Berbagai proyek ini akan sangat bermanfaat bagi masyarakat di berbagai negara.

Ditambahkan oleh Menteri Koordinator Bidang Kemaritiman dan Investasi (Menko Marves) Luhut Binsar Pandjaitan tamu World Water Forum terkesan dengan penyelenggaraan World Water Forum ke-10 oleh Indonesia.

“Pimpinan negara yang mengunjungi Tahura juga menyatakan kekagumannya dengan kemajuan Indonesia. Presiden Fiji bahkan menyatakan jika ia tidak percaya jika tidak menyaksikan secara langsung kemajuan Indonesia saat ini,” kata Luhut.

Penulis: Elvira Inda Sari Redaktur: Taofiq Rauf/Elvira Inda Sari Sumber: Indonesia.go.id

@ a012dc82:6458a70d

Table Of Content

• Content

• Conclusion

• FAQ

• You May Also Like

• External Links

Every financial transaction has some degree of uncertainty. Even risk-free investments may lose money, while holding onto cash causes its purchasing power to depreciate over time due to inflation. While it is impossible to completely avoid risk while investing, it is possible to tailor one's exposure to better suit one's specific objectives.

These characteristics of risk are significantly affected by the ideas of asset allocation and diversification. It's likely that even if you're just starting out in the world of investing, you'll already be acquainted with the basic concepts.

This essay will give a high-level overview of these ideas and talk about how they relate to how financial management is done today.

What are asset allocation and diversification?

The concepts of asset allocation and diversification are frequently used interchangeably but have distinct meanings. Nonetheless, they might mean somewhat different things in the context of risk management.

The term "asset allocation" may be used to describe a kind of financial management plan that specifies the breakdown of investment funds among several asset categories. The deployment of funds among these asset groups is an example of diversification.

The primary goal of such approaches is to maximize anticipated returns while avoiding risk. The investor's investment horizon, level of comfort with risk, and the state of the economy at large are all factors that should be taken into account.

Not placing all of one's financial eggs in one basket is the core principle of asset allocation and diversification techniques. The best way to make a diversified portfolio is to put together different asset classes and assets that don't go together.

The fact that risk is spread out not only across asset classes but also within them makes these two methods work well together.

Experts disagree about which is more important: picking individual assets or making a plan for how to divide up assets.

Modern Portfolio Theory

The theoretical framework known as Modern Portfolio Theory (MPT) uses arithmetic to formally establish these guidelines. The economist Harry Markowitz, who won the Nobel Prize, first explained the idea in a paper he published in 1952.

Changes in the major asset classes are often distinct from one another. When one kind of asset class does well in a given market environment, another type of asset class may do badly. The main assumption is that gains from higher-performing asset classes may offset losses from asset classes that are underperforming.

The multi-asset portfolio theory (MPT) proposes that portfolio volatility may be lowered by including assets from several unrelated asset classes in the portfolio. As a result, the returns from a portfolio taking the same level of risk should improve. In addition, it presumes that any reasonable investor would choose the lower-risk option between two portfolios with equivalent returns.

The efficient portfolio hypothesis, or MPT, says that it is best to mix assets that don't have a strong relationship with each other.

Types of asset classes and allocation strategies

For the purposes of a common asset allocation scheme, assets can be divided into the following groups:

Cash, bonds, and stocks are examples of classic investments.

Alternative assets are things like real estate, commodities, derivatives, insurance policies, private equity, and cryptocurrencies.

It is generally accepted that strategic asset allocation and tactical asset allocation are the two most important forms of asset allocation techniques and that both make use of the assumptions presented in modern portfolio theory.

When it comes to investing, many people believe that the tried-and-true method of strategic asset allocation is best for those who want a more hands-off approach. The only time this strategy-based portfolio will be rebalanced is if the investor's time horizon or risk tolerance changes.

Active investors are better suited to tactical asset allocation. That way, they may put more of their money into things that are currently doing better than the market. It is assumed that a sector that has been doing better than the market for some time will likely continue to do so. Being founded on the same MPT principles as the rest of the system, it too permits a measure of variation.

For diversification to work, it is not necessary for assets to be totally uncorrelated or negatively correlated with one another. All that is needed is for them to have some degree of correlation that is not 100%.

Applying asset allocation and diversification to a portfolio

Let's think about these guidelines by analyzing a sample investment portfolio. The following distributions of assets could be deemed appropriate for a portfolio based on an asset allocation strategy:

• 40 percent was allocated to stock holdings.

• Bonds at the 30% level

• Twenty percent of crypto assets

• 10% in cold, hard cash

For example, a diversification plan may require that of the 20% allocated to cryptoassets:

• Bitcoin should get 70% of the budget.

• Allocate 15% to the large-cap sector.

• 10% to small and medium-sized companies

• 5 percent to microcaps

Once the allocations have been made, the portfolio's progress may be tracked and evaluated on a regular basis. It may be necessary to rebalance the portfolio, which involves purchasing and selling assets in order to restore the original allocations, if they change. As a rule, this entails purchasing low-performing stocks and selling high-performing ones. The assets chosen are entirely at the discretion of the investor and their investing plan and objectives.

If you're looking for high volatility, look no further than cryptoassets. There is a large amount of cryptoassets in this portfolio; therefore, it may be deemed very hazardous. Someone who is afraid of losing their money would want to put more of their money into bonds or any other low-risk investment.

Check out Binance Research's Portfolio Management Series #1: Exploring the Diversification Advantages of Bitcoin for more information on Bitcoin's possible role in a diversified portfolio with many different types of assets.

Diversification within a cryptoasset portfolio

Although in theory these strategies might be used in a crypto asset portfolio, you should take their specifics with a grain of salt. Most of the cryptocurrency market's value follows Bitcoin's price closely. Because of this, diversification becomes an impossible endeavor: how can one produce a portfolio of diverse, low-correlated assets out of a portfolio of similar, highly-correlated assets?

There are occasions when some cryptocurrencies will have a lower connection with Bitcoin than usual, and astute traders may take advantage of this. But in the long run, these methods don't tend to work as well as their counterparts in more traditional markets.

It's reasonable to assume that a more methodical approach to diversification within a cryptoasset portfolio will be possible as the market develops. The markets still have a long way to go before reaching that point.

Problems with asset allocation

Even though it's clear that asset allocation works, not every investor or portfolio can benefit from every strategy.

Asset allocation strategies may be easily formulated, but successful execution is what really matters. The success of the portfolio might be hampered if the investor cannot overcome their own prejudices.

In addition, it might be challenging to predict an investor's level of comfort with risk. After a certain amount of time has passed, the investor may have a better idea of how much risk they are willing to take.

Conclusion

Concepts like asset allocation and diversification have been around for millennia, and they are essential for effective risk management. They are also an essential part of cutting-edge approaches to portfolio management. To maximize predicted returns while limiting risk, an asset allocation strategy is developed. The performance of a portfolio may improve if the risk is spread among different investment types. Due to the high degree of correlation between Bitcoin and the markets, asset allocation methodologies should be used with caution in cryptoasset portfolios.

FAQs

What are asset allocation and diversification? Diversification is the process of distributing your money across different types of investments within the broad categories of stocks, bonds, and cash that make up your portfolio.

What is the best way to implement asset allocation and diversification? The best portfolios include both broad and deep diversification across asset classes. Spreading your assets within each asset category is just as important as spreading them among stocks, bonds, cash equivalents, and other asset classes.

In what ways might an asset allocation be described? Allocating your investments across various assets, such as stocks, bonds, and cash, is called asset allocation. Asset allocation is a subjective choice. The optimal allocation changes over time as your investment horizon, risk tolerance, and other factors change.

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DISCLAIMER: None of this is financial advice. This newsletter is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.

@ 5d4b6c8d:8a1c1ee3

Previously, I wrote about my concerns surrounding the Keynesian Beauty Contest nature of Stacker News: https://stacker.news/items/473181/r/Undisciplined. Check that out for context.

Now, I'd like to add some thoughts about why I'm hopeful that we can sustain a culture of authenticity in the face of the perverse incentives those contests have.

Repeated games are different

The most important element that I didn't touch on in the previous post is that most of us don't just use Stacker News once and abscond with our rewards. We come back over and over again.

That matters for the incentives because we aren't just guessing today's beauty contest winner, we're signaling who tomorrow's contestants should be. If you're zapping posts that you don't like, just because you expect them to do well, then you're going to have more posts like that to look at in the future and fewer of the ones you do want to look at.

Eventually, I imagine inauthentic zappers will lose interest in a site that only offers content that's valuable to other people.

Authenticity optimizes global trust

Our votes in this beauty contest are weighted by our global trust score, which is something like our propensity to zap content that is valued by others. It's based on our individual trust scores with every other stacker, though, and this is what got me thinking about this post.

When you zap inauthentically, you may get more rewards today, but you are also increasing the trust scores of those who also zap that way and decreasing the scores of those who share your authentic preferences.

Alternatively, if you zap authentically, then you will elevate those who share your preferences and give more weight to their votes in the future. This incentivizes such people to be on Stacker News at all.

TLDR

Long-term, being authentic actually maximizes your voting power on Stacker News and will result in being maximally rewarded for zapping your favorite content.

That's in addition to the direct effect of incentivizing people to make more content that you like.

Zap true and Stacker News will become the place you want it to be.

Some other posts about using SN well

(Just hover over links to see the post titles)

From me https://stacker.news/items/287074/r/Undisciplined https://stacker.news/items/523858/r/Undisciplined https://stacker.news/items/488525/r/Undisciplined

From @Natalia https://stacker.news/items/252695 https://stacker.news/items/392551

From @cryotosensei https://stacker.news/items/400068/r/Undisciplined https://stacker.news/items/444755/r/Undisciplined https://stacker.news/items/393176/r/Undisciplined

As always, zap well.

@ 91e58ef2:0f378564

Over the past year, Chingari has emerged as a dark horse in the SocialFi field, showcasing a remarkable growth trajectory. According to the data presented, since May 2023, Chingari has experienced significant fluctuations and growth in its independent active user count (UAW), transaction volume, and number of transactions. Particularly at the beginning of 2024, Chingari witnessed several substantial increases in user activity and transaction volume, demonstrating its strong performance in the market.

According to Coin98 Analytics, in the past 30 days, Chingari ranks seventh in the number of independent active addresses, with a total of 777K, indicating its gradually solidifying position in the SocialFi app landscape. This achievement not only reflects Chingari’s breakthroughs in technology and product development, but also highlights its precise understanding of user demands and market trends.

Whether in the Web2 or Web3 world, social applications have become a necessity for users, and Chingari has gradually attracted a large number of users’ attention and participation with its unique operating model and innovative features. Next, we will delve into an analysis of Chingari’s operational strategies and the challenges it faces in the SocialFi field.

Chingari Platform Overview: Indian Innovative Short Video Social App with Impressive Incentive Mechanisms and User Growth Chingari is a popular short video social application that has quickly gained prominence in the Indian market since its launch in 2020. Similar to China’s TikTok, Chingari allows users to earn rewards by creating and sharing short video content. With its innovative features and reward mechanisms, Chingari has attracted a large number of users, forming a massive community with over 175 million current users.

Expanding User Base

Chingari’s vision is to become the best short video sharing platform for users, dedicated to providing opportunities for talented individuals to showcase themselves. Users can capture and share perfect videos to showcase themselves to the world. Currently, Chingari boasts over 50 million users and 160 million views, with downloads exceeding 130 million times. The platform offers multiple language versions to enable more people to use this popular new platform and emphasizes protecting user data and security to ensure users can use it with peace of mind.

Innovative Reward Mechanisms

Chingari not only provides a platform to showcase talent but also incentivizes user participation in content creation through various means. Users can earn GARI tokens by watching, sharing, and creating video content. These tokens can be used to unlock special content from creators or purchase voice or video call experiences with creators. By staking idle assets in the wallet, users can also earn additional rewards. This “create and earn” and “participate and earn” mechanism greatly stimulates user enthusiasm and promotes platform activity.

Financing and Development

In just a few years, Chingari has achieved significant milestones. In 2021, Chingari raised $19 million in funding and was ranked as India’s number one social networking app in the Indian government’s “App Innovation Challenge.” In May 2022, Chingari completed a $15 million Series A expansion round of financing, providing a solid foundation for further development. In the future, Chingari plans to launch integrated beta testing and live testing of blockchain, further enriching user experience and driving the platform’s continued development.

Through these efforts, Chingari is continuously reshaping the social media landscape, providing users with better experiences and more opportunities. Chingari’s success is not only a breakthrough in technology and products but also a precise understanding of user needs and market trends. Next, we will delve into the operational strategies of Chingari and the challenges it faces in the SocialFi field.

In-depth Analysis of Chingari’s Integration with Kana Labs Paymaster: A Crucial Layout for Decentralized Social Media Innovation and Integration: Chingari’s Latest Move

On February 23, 2024, Chingari, a leading short video sharing platform in the Web3 space, announced its integration with Kana Labs Paymaster service, offering sponsored transactions covering gas fees. This move aims to further optimize user experience, lower the barrier of entry for users, and foster widespread adoption of the platform. Since its establishment in 2018, Chingari has been dedicated to empowering creators through NFT technology, providing content ownership management, and now boasts nearly 5 million daily active users with a daily video viewing count of up to 200 million.

The Significance of Paymaster Technology

Paymaster is a blockchain infrastructure that allows companies or third-party entities to store tokens for sponsoring transactions. This means that any dApp integrated with Paymaster technology can provide its users with a seamless transaction experience without the complexity of gas fees. Paymaster accounts hold various tokens used to pay for transaction fees, enabling these dApps to cover the gas fees for transactions, thus simplifying the user’s operational process.

Kana Labs’ Paymaster service is widely recognized for its efficiency and reliability and is recommended by Aptos Labs as the preferred choice for dApp integration. Chingari chose to partner with Kana Labs not only for its advantages in the multi-chain ecosystem but also for Kana Labs’ excellent performance in cross-chain solutions and smart wallet capabilities. By integrating Kana Labs Paymaster service, Chingari can effectively reduce users’ transaction costs, enhance platform scalability, and improve user satisfaction.

The Future of Decentralized Ecosystems

Chingari, initially built on the Solana network, has now migrated to the Aptos network to leverage its higher scalability and lower gas fees. This multi-chain strategy ensures Chingari’s leading position in both technological innovation and user experience. Since mid-February 2024, Chingari has sponsored over 800,000 transactions through the Kana Labs Paymaster service. This integration not only enhances the platform’s decentralized transaction management capabilities but also enables users to enjoy a more convenient Web3 experience.

In the future, as Kana Labs continues to expand its services in the multi-chain ecosystem, Chingari will be able to achieve greater market penetration and technical integration on a global scale. Through this collaboration, Chingari not only enhances its own competitiveness but also sets new benchmarks for the development of decentralized social media. This move by Chingari heralds more innovation and transformation for decentralized social platforms in the future.

Chingari’s Multi-Pronged Approach Leads to Comprehensive Improvement in User Engagement and Platform Functionality Web3 social media enthusiasts are well aware that Chingari, as a leading short video sharing platform, has gained significant influence both within and outside the Web3 community. Specifically, Chingari has made remarkable progress in several areas, making waves in the market:

Firstly, in terms of user incentives, Chingari has significantly increased user engagement through a series of reward mechanisms. For example, on May 10, 2024, Chingari announced the “Refer and Earn Leaderboard Contest” on the X platform, with a prize pool of up to $100,000 in GARI tokens. This initiative encourages users to refer new users and stay active on the platform, with referrers earning 100 $GARI for each successful referral and referees earning 50 $GARI. This initiative not only promotes user growth but also enhances community interaction.

In terms of platform operations, Chingari has adopted a strategy of regularly burning GARI tokens to control token supply and increase their scarcity. On May 13, 2024, Chingari announced the successful burning of 500,000 GARI tokens, worth approximately $11,000, reducing the total supply by 1.61%. This burning mechanism effectively enhances token value and boosts user confidence in the platform’s long-term development.

Additionally, Chingari has introduced several advanced trading tools, enhancing the user trading experience. On May 30, 2024, the platform launched DEX aggregation functionality, providing better trading options through Raydium and Meteor. Meanwhile, users can utilize limit orders and Dollar-Cost Averaging (DCA) automated investment strategies to better control their trading and investment plans. By staking GARI tokens, users not only gain voting rights but also participate in platform governance, voting on proposals, thereby enhancing their involvement in platform decisions.

To further enhance user experience and platform functionality, Chingari plans to launch perpetual contract trading using Drift.trade and Raydium liquidity on July 5, 2024. Additionally, users can borrow other cryptocurrencies using GARI or SOL tokens as collateral until July 30, 2024, unlocking more liquidity and improving asset utilization efficiency.

Overall, through these strategies and feature innovations, Chingari has not only successfully expanded its user base and platform functionality diversity but also demonstrated its forward-looking layout and innovative spirit in the Web3 social media field. However, despite these measures showing strong growth potential, future market changes and user demands remain uncertain. Whether Chingari can maintain its leading position in the fierce competition in the future remains to be seen.

@ fe778ca7:5b10219b

https://store.steampowered.com/news/app/454650/view/4188987871063886602

@ 97c70a44:ad98e322

The last few days on developer nostr have involved quite a kerfluffle over the outbox model, blastr, banning jack, and many related misunderstandings. This post is an attempt to lay out my thoughts on the matter in an organized and hopefully helpful way.

What's wrong with outbox?

It all started with a post from jack asking why more devs haven't implemented the outbox model. There are many answers to this question, not least having to do with there being two standards for user relay selections, and ongoing changes to NIP 65. But I don't want to talk about compatibility here.

nostr:nevent1qydhwumn8ghj7argv4nx7un9wd6zumn0wd68yvfwvdhk6tcprfmhxue69uhhq7tjv9kkjepwve5kzar2v9nzucm0d5hszymhwden5te0wfjkccte9enrw73wd9hj7qpq2uf488j3uy084kpsn594xcef9g9x3lplx4xnglf0xwghyw2n3tfqqnrm02

Mazin responded with some numbers which estimate how many connections the outbox model requires. Too many connections can become expensive for low-power clients like mobile phones, not to mention some privacy issues stemming from nosy relays.

nevent1qythwumn8ghj76twvfhhstnwdaehgu3wwa5kuef0qyv8wumn8ghj7cm9d3kxzu3wdehhxarj9emkjmn99uq3samnwvaz7tmrwfjkzarj9ehx7um5wgh8w6twv5hsqgrn7l6zj7ht6ruyk76vvvtkfs4xrhyzc3tm64l3eyfvd40y26sz0gshmunh

I have some minor disagreements with Mazin's numbers, but I basically agree with his point — a purist outbox model, where a large proportion of nostr users run their own relays results in a high number of connections to different relays. I brought this question up late last year in my interview with Mike Dilger and in a conversation with fiatjaf, who convinced me that in practice, this doesn't matter — enough people will use a handful of larger hubs that there will be a good amount of overlap in relay selections between most pubkeys.

To articulate this more clearly: the goal is not "personal web nodes", which is a pipe dream the Farcasters and BlueSkys (BlueSkies?) of the world aim at, but a more pragmatic mix between large hubs and smaller purpose-built relays. These small relays might be outlets for large publishers, small groups, or nerds who also run their own SMTP servers and lightning nodes.

The point of the outbox model is that these small nodes be possible to run, and discoverable from the rest of the network so that we can preserve the censorship-resistant qualities of nostr that brought us here in the first place.

Blast It!

It's no secret that I've long been a critic of Mutiny's blastr relay implementation. My main objection is that the blastr approach doesn't account for the hard limits involved in scaling smaller relays. If the goal is to cross-pollinate notes across all relays in the network, all relays will require the same size database, and contain all notes in the network. This works right now (sort of), but as the network grows, the relays running on a $5 VPS are going to have their disks fill up and will inevitably fall over.

nevent1qyvhwumn8ghj76r0v3kxymmy9ehx7um5wgcjucm0d5hszxnhwden5te0wpuhyctdd9jzuenfv96x5ctx9e3k7mf0qythwumn8ghj7un9d3shjtnwdaehgu3wvfskuep0qqs07jr9qx49h53nhw76u7c3up2s72k7le2zj94h5fugmcgtyde4j9qfrnwxj

Not only that, but the content breakdown on any given relay by default becomes an undifferentiated soup of "GM", chinese notes, bots, bitcoin memes, and porn. Blastr makes it impossible to run an interesting relay without implementing write policies.

Which is actually fine! Because that's always been true — servers that allow anonymous uploads always get abused. Tony is just helpfully pointing out to us that this is no less true of nostr relays. I only wish he could have waited a little longer before mounting his attack on the network, because lots of hobbyists are interested in running interesting relays, but the tools don't yet exist to protect those servers from unsolicited notes.

One other note on blastr — Tony at one point described blastr as a relay proxy. This is an interesting perspective, which puts things in a different light. More on proxies later.

Ban Jack?

Here's a thought experiment: how might we actually "ban blastr"? @Pablof7z suggested to me in a conversation that you could configure your relay to check every note that gets published to your relay against the big nostr hubs, and if it exists on any of them to simply delete it. Of course, that would result in your relay being basically empty, and the hubs having all of your content. That's game theory for you I guess.

Another approach that was floated was to encourage users to only publish to small relays. In theory, this would force clients to implement outbox so users could still see the content they were subscribed to. Fiatjaf even posted two identical notes, one to his personal relay, and one to a hub to see which would get more engagement. The note posted to the mainstream relay got 10x more replies and likes than the more obscure note.

nostr:nevent1qyd8wumn8ghj7urewfsk66ty9enxjct5dfskvtnrdakj7qgmwaehxw309aex2mrp0yh8wetnw3jhymnzw33jucm0d5hszymhwden5te0wp6hyurvv4cxzeewv4ej7qpqdc2drrmdmlkcyna5kkcv8yls4f8zaj82jjl00xrh2tmmhw3ejsmsmp945r

Of course, this is thwarted by blastr, since blastr not only replicates notes posted to it, it also actively crawls the network as well. So the next logical step in this train of thought would be for hubs to encourage people to use small relays by actively blocking high-profile accounts.

nostr:nevent1qydhwumn8ghj7argv4nx7un9wd6zumn0wd68yvfwvdhk6tcpzdmhxue69uhhyetvv9ujue3h0ghxjme0qyd8wumn8ghj7urewfsk66ty9enxjct5dfskvtnrdakj7qpqpjhnn69lej55kde9l64jgmdkx2ngy2yk87trgjuzdte2skkwwnhqv5esfq

This would of course never happen (Damus is one client that hasn't implemented NIP 65, and they also run the biggest relay), but it was a fun thought experiment. At any rate, the silliness of the suggestion didn't stop certain people from getting offended that we would "disrupt the free market" by "forcing" our opinions on everyone else. Oh well.

Death to Blastr

In reality, even though blastr makes it a little harder to adopt outbox in the short term, its days are numbered. Eventually, relay operators will start to feel the pain of unsolicted notes, and will either shut their relays down or look for tools that will help them curate the content they host.

From my perspective, these tools take two forms — read protection and write protection. This is something I alluded to in my talk at Nostrasia last November.

Write protection is straightforward — already many relays have access control lists based on active subscriptions, invite codes, or just static whitelists that determine who is allowed to post to a given relay, or what event authors are represented there. This approach effectively prevents blastr from using relays as free storage, which is a huge improvement.

Read protection is more tricky, because anything publicly readable will be scraped by blastr and replicated to unauthenticated-write relays across the network. In most cases, this is ok, but there are use cases for relays to exist that host a unique collection of notes oriented around some organizing principle. Unfortunately, with blastr in action (or any scraper that might exist), the only way to do this is to actively protect proprietary content. There are a few approaches that can work to make this happen:

• IP-based access control lists
• AUTH-based access control lists
• Stripping signatures when serving events
• Storing and serving encrypted content

Each of these approaches has its own set of trade-offs. But depending on use case, any of them or a combination of them could work to allow relay operators to carve out their own piece of the nostr-verse. In fact, this is a big part of what Coracle is about — the white-labeled version of the product confines certain notes to proprietary relays, with optional encrypted group support.

Enough of my polemic against blastr. Let's talk about how to make the outbox model actually work.

Hints are pointless

Right now, clients that implement the outbox model rely pretty heavily on relay hints to find related notes — whether user profiles, reply parents, or community definitions. The problem with hints is that they are prone to link rot. Many of the relays that were set up a year ago when nostr took off are no longer online, and yet they persist in user relay lists, and in relay hints. These hints can't be updated — they are set in stone. What this means is that a different mechanism has to be used to find the notes the hints were supposed to help locate.

Because of this, I've come around to the position that hints are basically pointless. They are fine as a stopgap, and might be appropriate for certain obscure and ill-defined use cases where relay urls are the most durable address type available. But they provide basically no value in supporting the long-term robustness of the network.

What are durable, however, are pubkeys. Pubkeys are available pretty much everywhere, except in event id hints — and there is a proposal in the works to add a pubkey to those too. The cool thing about pubkeys as hints is that once you have a pubkey, all you need to do is find that person's kind 10002 inbox/outbox selections, and you should be able to find any note they have published.

This goes with the caveat that when users change their relay selections, or rotate their key, they (or their relays) should be sure to copy their notes to the new relay/pubkey.

The question then is: how do I find a given pubkey's relay selections?

There are already several mechanisms that make this reasonably easy. First of all, NIP 65 explicitly recommends publishing relay selections to a wide range of relays. This is a place where the blastr approach is appropriate. As a result, relay selections are usually available on the most popular public relays. Then there are special purpose relays like purplepag.es, which actively seek out these notes and index them.

These indexes are not confined to relays either. It would be trivial to create a DVM that you could ask for a pubkey's relay selections, optionally for a fee. Alex Gleason's proxy tag could also be used to indicate indexes that exist outside the nostr network — whether that be torrents, DHT keys, or what have you.

The best part is that this doesn't negatively impact the decentralization of the network because in principle these indexes are stateless — in other words, they're easily derived from the state of the public part of the nostr network.

Just do it for me

Looping back to where we started — the complexity and technical challenges of implementing the outbox model — there is a simple solution that many people have experimented with in different ways that could solve both issues at once: proxies.

As I mentioned above, Tony thinks of blastr as a proxy, and he's right. More specifically, it's a write-proxy. This is only part of its functionality (it also acts as an independent agent which crawls the network. EDIT: apparently this is not true!), but it is an essential part of how people use it.

Another kind of proxy is a read proxy. There are several implementations of these, including my own multiplextr proxy, which is outbox-compatible (although it requires a wrapper protocol for use). The advantage of a proxy like this is that it can reduce the number of connections a client has to open, and the number of duplicate events it has to download.

Proxies can do all kinds of fancy things in the background too, like managing the outbox model on behalf of the client, building an index of everything the user would be likely to ask for in advance to speed up response times, and more.

One interesting possibility is that a NIP 46 signer could double as a proxy, reducing the number of round trips needed. And since a signer already has access to your private key, this kind of proxy would not result in an escalation in permissions necessary for the proxy to work.

It's simple

The number of cool and creative solutions to the content replication and indexing problem is huge, and certainly doesn't end with blastr. Just to summarize the next steps I'm excited to see (to be honest, I want to build them myself, but we all know how that goes):

• More clients supporting outbox
• Outbox implementations maturing (Coracle's still has some issues that need to be worked out)
• A shift from relying on relay hints to relying on pubkey hints + relay selection indexes of some kind
• Proxy/signer combos which can take on some of the heavy lifting for clients of delivering events to the right inboxes, and pulling events from the right outboxes

Let's get building!

@ c11cf5f8:4928464d

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@ 6ad3e2a3:c90b7740

I heard it somewhere, I think it was from Preston Pysh, who suggested the bitcoin ETFs might be a trap of sorts, wherein once a sufficient number of coins were in their custody*, the government would “6102” them for national security.

* I think Coinbase might actually hold the keys to the ETF coins, so “custody” probably isn’t the right word to describe the arrangement between the ETFs and those buying price exposure to, but not actual, bitcoin via those instruments.

The number “6102” refers to the Emergency Banking Relief Act of 1933 and Executive Order 6102 that authorized President Roosevelt to force American citizens to turn in their gold. (He did this to issue more gold-backed money during The Great Depression.)

Because bitcoin private keys are merely information and therefore difficult to seize from individuals en masse (you’d have to make people cough up information they could claim to have lost or forgotten), the ETFs could be a roundabout way to create a concentrated and easy-to-seize hard money to which to peg the dollar.

As it stands, the US-based ETFs collectively have amassed nearly a million coins, roughly five percent of the total 21 million supply, (a few million of which are likely lost forever.) Let’s fast forward a few years and assume the following (all of which seem plausible to me, though the exact numbers are not important):

The national debt, presently at $35 trillion, balloons to $50 trillion. The interest expense alone on the debt at five percent rates is 2.5 trillion per year, roughly three times the size of the entire (on the books) defense budget. Official inflation numbers are running north of five percent, even though people know real inflation is upwards of 10. Bitcoin is trading at $1 million per coin (roughly 14x where it is now.) If you think that’s crazy, consider $70K is 14x $5K where it was in the spring of 2020. Let’s also assume the ETFs collectively have two million coins (more than 10 percent) at that point.

Essentially, the dollar is on the brink of hyper-inflating, the US at risk of going full Weimar. Gold is at $10K per ounce, but it’s just a rock and can’t underpin a global system where money moves at the speed of light, and there’s no way for people to audit its supply in an environment of increasing global distrust.

The US government policy makers put on poker faces for the public to buy time, but are well aware of the precarity. They are faced with two terrible choices: raise rates to try and tame inflation the way Paul Volcker did in the 1970s, thereby skyrocketing the interest expense on our much larger debt and crippling the economy, or cut rates, make already severely debased money even cheaper and usher in almost certain hyperinflation.

Under these circumstances, where both choices portend a high likelihood of government collapse, it’s not only conceivable, but I’d argue, probable they avail themselves of a third option: 6102 the ETF coins.

I imagine it might go down like this: The administration, whoever it is, meets with Brian Armstrong of Coinbase and the CEOs of the ETF issuers, gives them a very brief heads up: “We’re taking the coins for national security and compensating all your clients at the face value at which they’re trading,” i.e., they would just give them today’s market value if they were to sell, i.e., $1M per coin. So if there were two million coins in ETF custody, that would be $2T distributed pro rata among the investors.

Most of the investors would realize a significant (nominal) profit from where they bought. Moreover, the CEOs would be considered patriots (by the government) if they complied and criminals if they refused. They would probably be allowed/encouraged to buy underlying coins for themselves that day, knowing what was about to happen too. In short, it’s almost inconceivable to me they wouldn’t go along, and in fact, might have an inkling of this end game already.

After the government surreptitiously gained control of the keys to the ETF coins, they would make an announcement: the US dollar is now fully backed by the hardest money in human history and fully redeemable at $30M USD per coin. In other words, their two million coins would now be worth $60 trillion, more than enough to pay off the debt in its entirety and restore confidence in the dollar.

The dollar would inflate immediately now that it was debased 30:1 vs its prior bitcoin price. But that ratio would apply only to bitcoin. Real estate prices might go up 5x, food 2x, it’s impossible to say. The dollar would have real redeemable value for something of finite supply and would no longer be printable via fiat so long as that tether remained in place. In fact, and this is beyond my tech knowledge, the announcement could be tied to some kind of cryptographically unforgeable and legally binding arrangement wherein the dollar must always be pegged at that 30:1 rate. If it could be arbitrarily debased further, there might be no point.

Of course, this would handicap the government significantly — no longer could it print money to fund proxy wars in Ukraine, invade Iraq or shell out off-the-books blank checks for CIA operations in Central America. It would lose much of its power as the expenses of empire would have to be justified or greatly curtailed. And while those that wield this excessive and dangerous power would never go along with it voluntarily, under the circumstances above — facing chaotic collapse — they would have little choice.

There would be significant pain — even my arbitrary estimates of real estate and food inflation would be catastrophic for many, and it could easily be much worse than that. But compared to the alternative it would be like an airplane touching down on the runway during a storm with but a mild bump.