Modularity has proven to be the future of Blockchain as its ecosystem continues to grow.
Here is a deep dive on Modular Blockchains and its promising projects that you should keep an eye on 🧵
The
#DEPIN
narrative will take the DeFI space by storm as it continues to solve real life problems.
You can now travel around the world without bothering about the internet access problem.
Let's explore how .
@Wifimapapp
grants you the best internet user-experience 🧵
The *DEPIN* narrative is integrating Blockchain into our daily lives.
People can now use transportation services while earning rewards.
This is achieved by using the .
@DIMO_network
.
Let's explore 🧵
DEPIN is one of the hottest narratives for 2024.
This is a narrative that is poised to onboard a layman to the DeFi space.
Let’s explore some of it's promising projects and the real life problems they solve 🧵
.
@Eigenlayer
will create an unforgettable moment in the DeFi space.
Still curious about Restaking, Liquid staking and Liquid Restaking?
Read below to understand these concepts and how earn upto 10x Restaked points🧵
How to analyze risks before investing in a layer-2 Blockchain project using the L2BEATS tool:
The risk analysis mechanism is categorized into:
. State validation
. Data availability
. Upgradeability
. Sequencer failure
. Proposer failure
Before we dive in, you should recall
Chain abstraction is now a reality!
Connext has rebranded to
@Everclearorg
to solve liquidity fragmentation in Modular Blockchains.
Let's explore on this first clearing layer and how it powers the Chain Abstraction stack🧵
The intersection of AI and DePIN will change web3.
A project with a $1B token valuation is poised to solve the problems of cloud computing.
Let’s dive: 🧵 + alpha opportunities
One of the largest AVS on
@Eigenlayer
is killing two birds with a stone.
Unifying the DePIN economy and enhancing rollup composability with its DePIN coordination layer and watchtower network.
Here is a recap on what .
@witnesschain
is building 🧵
.
@LayerEdge
has proven to be the future of BTCfi, closing a pre-seed funding round with angel investors and backers.
Its Modular DA and Optimistic rollup technology has transformed Bitcoin from a static to an active ecosystem.
Here is everything you need to know🧵
EVM Parallelization is the next big thing.
Many ecosystems are leveraging this technology due to the top-notch innovation.
Let's deep dive into the concept and the promising ecosystems you should add to your watchlist 🧵
L2s are not supposed to process transactions in a centralized manner while scaling Ethereum.
Also, The future is Modular so L2s can’t function properly without Interoperability.
Let me explain the solution in simple terms🧵
Seamless onboarding has been a major problem in Web3.
This is due to the inability of users to connect between Blockchains.
Here is a new concept that connects diverse Blockchains through a universal smart contract 🧵
.
@Berachain
will be the next big Layer-1 chain.
Its PoL mechanism and Modular development approach is poised to solve the liquidity problem of DeFi.
Here is a recap on what Berachain is building🧵
Fully homomorphic encryption will change the Blockchain.
Data can now be used without compromising privacy.
A deep dive on FHE and some promising projects that leverage this technology🧵
The integration of the Chainlink function in the .
@arbitrum
Mainnet will bridge the gap between web2 and web3 users and developers.
Here are the reasons 👇
➡️ The Problem
One of the major problems of blockchain is interoperability which hinders the masses from joining the
The future of Blockchain is omni-chain.
Users and developers will no longer experience the problem of fragmented liquidity.
The innovation of .
@parallelfi
tends to be a solution provider to this problem.
Let's dive 🧵
The
@Eigen_DA
and .
@Arbitrum
Orbit is still underrated.
What excites me the most about this innovation is that it will save rollup users millions of dollars in fees and also increase the transaction throughput by 50x.
But how does this combination work?
It is simply by
Being a crypto millionaire is in your hands!
You can achieve that without depending on anyone.
Here is a mega thread that will help you grow a million dollar portfolio 🧵
One of the major challenges in the Blockchain ecosystem is privacy.
Privacy is a fundamental human right and that should be protected.
Here is a deep dive on privacy and its promising protocols: 🧵
Ever wondered why the TVL on .
@L2BEAT
differs from the one on .
@DefiLlama
?
This is a must read for you!👇
My fellow Defi content writers should also take note of the very important message in the conclusion part.
Let's Dive🧵
✅ TVL is one of the most controversial and, at
Good news for gamers as they bid farewell to bad game play and high gas fees.
@XAI_games
innovation aims to provide a seamless user-experience for web3 gamers and developers.
Here is everything you need to know🧵
.
@Solblaze_org
has been contributing massively to the growth of Liquid staking in DeFi.
Lets explore its unique features and how to earn staking rewards 🧵
I found new hidden gems in the BRC20 ecosystem with 50-100X potential,
Ranging from 10m - 300m Mcap.
You wouldn't want to miss out on this as you're still early.
Let's explore 🧵
The Arbitrum orbit ecosystem keeps expanding as the Apechain community seeks to join the list of the Arbitrum orbit chain.
Let's explore why
@HorizenLabs
aims to collaborate with
@offchainLabs
to build an (L3) Orbit chain🧵
I fell in love with the
@KromatikaFi
on my first trial.
I had my best trading experience and this DEX will always stand out among other DEXes.
Here are my reasons 🧵
The combination of the Uniswap V3 concentrated liquidity and Chainlink Keepers paves way for a seamless trading experience among Defi users.
Let's see how
@KromatikaFI
utilizes this technology to become one of the leading DEXes in the DeFi ecosystem🧵
.
@arbitrum
Key Metrics grows gradually following its Incentive Program.
Arbitrum's Short-Term Incentive Program (STIP) is a grant program developed by the Arbitrum foundation and community to stimulate usage and attract additional liquidity to the Arbitrum Blockchain.
50
You don't need to spend high on fees while others are even earning LP fees on their fulfilled limit order.
This could be achieved by using
@KromatikaFI
FELO as it aims to make DEX trading simple, profitable and convenient for its users.
Let's explore its unique features🧵
Despite being a newcomer, a game changer rollup has demonstrated its competitive prowess against other Layer 2 networks.
Let's see how .
@BuildonBase
incubated by .
@coinbase
became the fastest growing Layer 2 network🧵
Ever heard of Orbit (L3) chains?
Ethereum scalability reaches new heights as .
@Arbitrum
launches its L3 chains that allow developers to build on top of Arbitrum. Let's dive🧵
The Ethereum network gas prices reached an average peak of 70 gwei and Max Peak of 377 gwei.
This level haven’t been reached since May 12, 2023.
The ERC-404 effect 👀
Everyone wants to make 100x in the Bull market , but that can't be achieved if you don't understand the concept of Market Capitalization.
Here's a guide that will help you to strategize your investment in the Bull run🧵
You bought 100,000 pieces of a coin at $0.01 price and a
As .
@Arbitrum
continues to see a healthy growth in terms of TVL till date, protocols are working so hard to cement their position in the ecosystem.
Here are the current top 5 protocols on Arbitrum by TVL🧵
@arbitrum
reaches a new daily transaction count ATH of 4.39m txns on Dec 15th, 2023.
Also,
@solana
surpasses Ethereum on 24 Hours DEX trading volume for the first time in history.
What do you think is the cause of the change? let me know your thoughts Frens.
@eigenlayer
@witnesschain
Witness Chain is the first physical state consensus protocol unifying a siloed DePIN economy, facilitating the exchange of resources like computing power, energy, and storage.
Crypto transactions are getting more faster and seamless.
These days me and my OGs rarely go to the bank.
Business firms in my locality are accepting crypto as a mode of payment.
Granny is asking me to introduce him to the crypto business.
The mass adoption is near, remember
Wrapping up
LayerEdge marks the inception of a hyper-secure and one of the most efficient infrastructures for Bitcoin.
Its innovative approach is unlocking the full potential of Bitcoin in the DeFi ecosystem.
Sending you heartfelt wishes for a blissful and memorable Christmas🫂
May the Christmas spirit inspire you to be generous, kind, and compassionate, spreading goodwill and positively impacting those around you!
Rollup protocols have been striving to transform the L2 scaling landscape in new and innovative ways.
.
@0xMantle
Network , being developed by .
@BitDAO
, aims to be the first modular rollup to use EigenDA for its data availability🧵
Imagine the combination of the main decentralized oracle of the crypto market and the leading L2 scaling solution in the Blockchain industry.
Here comes a big milestone for Arbitrum as this partnership could make a positive impact in the cryptocurrency market.
.
@Chainlink
and
@EverclearOrg
Web3 has finally solved Blockchain scalability with the emergence of rollups.
Currently, the number of rollups is increasing so fast, likewise the number of chains.
This development is beneficial but it has resulted to:
• Widespread fragmentation of liquidity and
• Poor UX
@eigenlayer
@witnesschain
@0xPolygon
To resolve this, a consensus mechanism is required in order to validate the DePIN infrastructures; this will enable DePIN products to share value and interact with each without being worried.
@DIMO_Network
DIMO stands for Digital infrastructure for Moving Objects.
@DIMO_Network
is an open source and user-owned mobility dApp built on
@0xPolygon
which allows users to share data from their cars and earn rewards.
@DIMO_Network
@0xPolygon
/ Data Valuation
You can check realtime valuation of cars directly on the DIMO mobile app. So you no longer need to check Kelley Blue Book or CarMax to know current car prices.
~ LayerEdge federated MPC system
LayerEdge employed a federated MPC approach to manage the key used for validating bridging requests, ensuring that no single entity controls the critical signing key.
@eigenlayer
@witnesschain
Witness chain strengthens security and decentralization in both optimistic rollups and DePIN chains. To achieve this, they introduced and assigned two products, one for the rollups and one for the DePIN chains.
Major crypto exchanges are gradually aiming to build a Layer-2 Blockchain network.
The L2 ecosystem will be more interesting and competitive in the coming years.
So bullish on L2s as the mass adoption is near!
What’s the best L2 network in your books?
~ Hybrid Modular data availability
Using Bitcoin as a DA could lead to high gas fees and low throughput because Bitcoin is inherently designed to carry out transactions and not for data storage.
So in that case, the Monolithic Blockchain faces challenges like:
• Scalability
• Efficiency
• Flexibility
To solve these problems, division of labor is needed so each task will be handled by a specific Layer.
Unlike Ethereum, Bitcoin lacks programmability which limits its adoption for decentralized financial utilities.
Bitcoin L2s tends to solve the programmability problem, but security and adoption remains a major concern
The early blockchains were designed as single, indivisible entities where every component from transaction processing to data storage were tightly integrated. This simply means that a blockchain is responsible for handling all the components combined.
Unlike other Bitcoin L2s that focus on scaling, LayerEdge also bridges the gap between Bitcoin and Ethereum.
LayerEdge is not just a layer-2, but a paradigm shift in how we perceive and interact with Blockchain technology.
Features of LayerEdge
~ Natively secure
LayerEdge leverages the underlying security of Bitcoin while introducing additional mechanisms to safeguard its rollup layer.
~ Near-zero gas fees
LayerEdge utilizes optimistic rollup, so the network can operated with just one honest validator which enables it to achieve nearly zero gas fees while maintaining security.
Hence, they are termed as the Monolithic Blockchains.
Examples of these Blockchains are Bitcoin and Solana.
In real life situations, we all know that it will be a hassle when an individual handles many tasks at the same time, that’s also how it is in the Blockchain ecosystem.
This is the major problem which LayerEdge is poised to solve.
LayerEdge is Bitcoin's first optimistic rollup that aims to solve the programmability issues of Bitcoin while maintaining its security and decentralization.
@eigenlayer
@witnesschain
@0xPolygon
• Platform for dApp builders to build DeFi for DePINs
• Programmable bootstrapping economics
• Discoverability and composability with other DePINs
~ EVM-Compatibility
LayerEdge is designed to be fully EVM-compatible to ensure seamless interaction with Ethereum's vast ecosystems of applications and services.
This compatibility allows projects to tap into liquidity and enable utility for Bitcoin’s Native Assets.
@DIMO_Network
@0xPolygon
Why does DIMO matter?
Freedom of mobility will be compromised if autonomous and electric vehicles are deployed at scale using the IoT networks like Amazon, Google and Apple.
This is because this model has proven to deliver value to corporations before users (if at all).
This is where
@gashawkio
comes in as a solution, ensuring that users utilize the opportunity to trade with low gas fees within a specified period.
GasHawk is a tool designed to time and submit transactions to the Ethereum mainnet when the gas fees are low.
@eigenlayer
@witnesschain
@0xPolygon
The diagram below summarizes the different entities participating in the Watchtower network:
• Stakers
• Operators
• Users/dApps
As we move further to Q4 2023, the DeFI landscape keeps evolving at a rapid pace.
L2s have become integral in this evolution, creating new opportunities for End users
Let’s find out why
@arbitrum
remains the leading Rollups till date 🧵
Writing a hook after a thread makes it easier for me to get a good one.
This is because, I have assimilated the project topic whilst writing.
So I must have known the major problem the product is solving, how it solves it and the USP.
Quick question CT writers
Do you write the hook before the body of the thread
or the body of the thread before the hook?
You can also add some tips on strategies to write a good hook.
Thanks😩🤲
LayerEdge combines and utilizes the strength of both Bitcoin and Ethereum Blockchain to enable rapid, cost-effective and scalable applications without compromising on decentralization.
It doesn't matter how much time you've being in the crypto space.
It doesn't matter how many influencers you follow and Alpha groups you join.
It still doesn’t matter how many crypto books you’ve read.
If you don't learn and develop your own earning strategy, You will still be
@eigenlayer
@witnesschain
Witness Chain is an AVS built on EigenLayer. It pioneers trust in the physical world, similar to Blockchain trust in the physical world.
~ LayerEdge deBridge
This is a trust-minimized bridge for Bitcoin and inscriptions like Runes.
With LayerEdge, users can bridge their native assets from Bitcoin to the LayerEdge ecosystem securely without having the funds to be stored with any single entity.
@eigenlayer
@witnesschain
@0xPolygon
What problem does Witness Chain solve in DePIN?
DePIN infrastructures are not trustworthy due to lack of validity. This made DePIN products to be scared of sharing value with each other.
Bridging across different chains just to complete a single transaction can be frustrating. This process requires paying much gas fees in different chains native tokens.
@eigenlayer
@witnesschain
@0xPolygon
Optimistic rollups rely on a centralized group of validators to initiate fraud proofs after a fault is detected in a transaction process.
There is a need for decentralized and trust-free validators who diligently raise the alarm when they detect a suspicious transaction.
Nice thoughts here, I think the most important thing is to focus on building a valuable product.
That's a better way to gain mass adoption rather than focusing on attracting users with incentives because everyone won't be satisfied in the end.
The zenith of Web3 adoption should not be hinged on airdrop.
I think that the quest for airdrops is hurting us the more and not promoting adoption.
Don't get me wrong, I have been a beneficiary of so many airdrops and I am not backing off.
But I think that crypto adoption will
@DIMO_Network
@0xPolygon
Unique features of DIMO
/ Data Visualization
You can use DIMO to check your vehicle health metrics such as battery, voltage, engine load, etc.
@eigenlayer
@witnesschain
@0xPolygon
Proof of Location incentivizes the physical decentralization of networks, rewarding operators located across diverse geographic regions.
We have officially migrated to Arbitrum One as the default chain for Wicrypt transactions on our Mobile and Web App.
You can now carry out deposits, withdrawals and swaps on
@Arbitrum
One Chain