Am I wrong or is this the incentives for friendtech posting
Got to bleed out the non believers then attract a new crop, encouraging trade
Broke: Marques shits on solana phone for 12 min
Bespoke: 18m people are thinking about about crypto again for the first time all year
3 unique use cases on the Solana VM
One thing the $SOL and $ETH communities can agree on is that EVM can't do everything. Solana’s strongest case for sustained usage is the simple fact that EVM cannot encompass all use cases.
Solana’s Sealevel VM enables tech that Ethereum simply cannot with EVM.
1. @Drip_Haus and Compressed NFTs
Drip drops thousands of NFTs for pennies on the dollar. Here, NFTs can reach millions (300000x cheaper for 1M NFTs, I’m not kidding the cost).
SVM's State Compression allows off-chain data to be cryptographically verified. Any changes to this data updates the Merkel tree instead of on-chain metadata while still providing a verifiable history of the changes.
Huge batches of NFTs can be minted at a fraction of the cost.
2. @PhoenixTrade_ and On-chain CLOB
Solana’s VM drastically reduces constraints of latency and on-chain fees.
Liquidity can be actively management, something very difficult in AMMs which were born due to EVM constraints.
Empowered professional market makers can create a CEX equivalent experience, directly on chain.
3. @getcode and Link Payments
Getcode has invented the cleanest and most fun payment product.
Send a cash link or exchange in person through the generated cash certificate. Simply scan the QR code, and receive it instantly.
You have to feel the magic to believe.
Check out the featured projects because you might be pleasantly surprised.
jitoSOL, the Phoenix rising from the ashes of Solana DeFi.
Liquid staking? MEV capture? Doesn't matter, it solves both.
EVM cannot satisfy all smart contract use cases. We could use at least 2 popular VMs
Hello lens friends I need your help. #lenscommunity
A mercenary capital trading group called the RFVoors attacked Rook through governance, draining its $25M treasury, and disintegrated the DAO
Rook DAO was a experimental Ethereum infrastructure protocol deeply aligned with the core ethos of crypto.
Its history of innovation has left it disabled in the current conservative legal environment.
All DAOs and participants should learn about their tactics to harden governance from this point forward.
Currently, DAOs as a structure have enormous cost and very little benefit to the protocols they govern.
It us up to the crypto community to establish structural system within different global legal frameworks to cement the framework of DAOs as useful.
mirror.xyz/rhizoo.eth/6ggZQ2g5OpUVaAXEwYBldN2gT1CZxfR2D2sL9cn0eJc
18 days have passed since the world's most influential asset manager filed for a #bitcoin ETF.
Beyond opening $BTC to tax-advantaged investment, Blackrock signaled to the world that crypto is NOT a joke.
Coincidentally, DeFi might be the biggest beneficiary.
I can hear the financial advisors now...
"I'm not kidding, this really is the future of France Blackrock is trying to get in."
TradFi is here again and they crave fundamentals. Not because they are intelligent but because they justify their investment to boomer bosses with metrics.
"I don't know what to tell you, we picked the assets with the cleanest P/F (Price to Fees) in this entire asset class. If it goes tits up, the whole industries doomed."
For thoughts that believe Defi is permanently cursed?
You've been right for 800 days and -90%, but this time it's different.
Here's why:
-Industry leaders like $UNI are creating nonchain-specific developer motes (Uniswap v4 hooks ecosystem)
-DEXs have immense mindshare in the general crypto-aware public (memecoin era) who have used the product but never invested.
-DEX/CEX volume ratios shifting in the wake of FTX.
-DeFi protocols have shown their staying power with years of fees consistency
- $XRP may emerge victorious in incoming lawsuit settlement vindication token-based organizations.
-Chain works, I checked. - Productive protocols differentiate themselves in the growing crypto analytics space.
-This is a bear market and these are obviously the best coins, don't fad the obvious now.
-Gary retirement rumors.
In 20 years, are you really hoping to be the guy who spent 10K hours getting liquidated but didn't buy $UNI, the worlds leading asset exchange protocol by volume at $4B valuation?
Think about it