Aadarsh Armil
@AadarshArmil
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Community Specialist @CoinDCX || Core Tribe @Central_DAO || Prev GearFi
Joined March 2023
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I have always believed that the missing piece of content in Web3 is explaining 'why Web3 matters'. While technical knowledge is essential, understanding the values of Web3 and what it stands for is even more crucial.
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If you are a non-tech person in Web3, let me know in the comments👇🙋
Planning something big!
@CoinDCX
@Central_DAO
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Our mission is simple: Drive Indians towards Web3 and make Bharat lead!
With Maxis’ content already reaching over 1 million people every week, this vision is becoming a reality. 🙌
Onboarding another set of amazing creators. Expect some phenomenal content. ⚡️
#BharatForWeb3
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🚀 100 days of the
#CoinDCXMaxis
program and we've had some major Ws!
20M+ reach on Maxis’ content
$7000+ distributed in bounties
But the best part? The friendships we've made.
Need to ape into a meme coin at 2 AM? We've got you! 😂
Also proud to welcome new Maxis and glad
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Community enables Consistency, Consistency drives Growth.
This is the key to grow your personal brand on
@X
🚀
#CoinDCXMaxis
community encapsulates this the best. Together, we soar⚡️
Just welcomed another group of fab folks.
DM to join the revolution⚡️
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In just 2 months, we’ve celebrated countless wins and unforgettable moments at
#CoinDCXMaxis
It's great to see Maxis elevate their personal brands, flex their creativity, have fun and endless banters.😅
Here’s a 🧵about what’s becoming India’s top community of content creators
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This is the start of something big💪
India will lead Web3🚀
Maxis taking over⚡️
#BharatForWeb3
#CoinDCXMaxis
@cryptoprofesso9
@smtgpt
@aditichoprax
@CoinDCX
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‘Giving value’ as a primary value of a community always goes a long way!
When members get value, they stay and contribute.💪
That’s our goal for
#CoinDCXMaxis
.
Today,
@CoinDCX
’s social media expert showed the Maxis how to craft more impactful content on X.
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Yesterday, had dinner with some really smart folks working at Deloitte.
They heard ‘Web3’ for the first time!
It’s a reminder how early we are in this space. Lots of people still don’t know of anything beyond Bitcoin.
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A 'Why Web3' Story: 4th edition
How Blockchain could have prevented the 21st century's biggest financial crisis.🌐
2008 financial crisis: The event that led to the birth of Bitcoin. A 🧵
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Abstraction is nothing but hiding all the ugly stuff from users.
Web2 applications are the best example of abstraction.
It's so easy to be online that we are always online!
But when will we be always on-chain? Can we achieve abstraction in
#Web3
🤔
A 🧵on Chain Abstraction👇
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The term Rollup sparks a lot of thoughts: Is it the future? Optimistic or ZK?
Optimistic rollups like Base are booming, while ZK rollups face skepticism. Yet, Vitalik believes ZK rollups are the future.
I read over 100 pages on rollups so you don't have to.
Let's dive in👇 A🧵
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Many got hyped about the
@eigenlayer
airdrop, but a very few understand what Eigen layer is 🤔
Let's deep dive into the Eigen layer💡
A🧵
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If you are someone who is active on X and wants to be part of an exclusive
#Web3
community, then don’t miss out on this⚡️🚀
Join CoinDCX's Maxis ambassador program and become a vital part of the
#BharatForWeb3
Movement. 💪 💪
Ready to be part of something big?
Register now👇
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Apply to be a part of
#BharatForWeb3
🤩🚀👇
It has been ~4 months since we launched CoinDCXMaxis!
We started it as a community for those who are crypto and Web3-curious and didn't want to stay spectators but become active contributors to the Web3 movement in India.
Glad to see the tribe grow to 100+ active Maxis who
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In the world of Influence-less Influencers, let’s get together and create some real impact in Web3💪
Join the
#CoinDCXMaxis
initiative, where we are bringing the most active and creative Crypto content creators together, with a common purpose to drive the next 100 million
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This Ethereum Upgrade Made Your Favorite L2 10x Cheaper! 🚀
Let's dive deep into Proto-Danksharding and Blobs.
A 🧵that will break the latest
#ETH
upgrade in a way that even your grandma can understand 😉👇
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Just got my
@Swiggy
order delivered by Mr. Narayana Murthy himself.
Ser is still working over 80 hours a week 😅
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This is just the start!!
This will change the
#Web3
space forever💪🚀
#BharatForWeb3
Exactly three weeks ago, the team welcomed a mixed cohort of ~50 enthusiastic web3 newbies and degens who aspired to
- create insightful content about web3 projects
- ride the wave of trending crypto narratives via their commentary
- find a peer and mentor group to keep them
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Focus isn't a constant state of mind; it's a constant battle against distractions.
#StayFocused
#Mindfulness
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It’s all good!
Just a short-time dip in the market.
Bull-run soon 🐂📈🥲
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A 'Why Web3' Story: 4th edition
How Blockchain could have prevented the 21st century's biggest financial crisis.🌐
2008 financial crisis: The event that led to the birth of Bitcoin. A 🧵
3
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Bhopal got Super BASEd this weekend🤩
It was a lot of fun hosting the
@callusfbi
meet-up in Bhopal and guide folks to the Superchain ecosystem⚡️
Don’t get trapped in the Attract-Extract cycle of Web2 social networks.
Be a based builder and a based creator💪
@farcaster_xyz
@base
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Growing up and leaving your parents is a very post-industrial revolution thought.
This was necessary at the time as all the industries were setup in very few capital cities. Leaving to these cities was the only way to get a job.
Leaving the nest used to be a symbol of
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15/ I hope you enjoyed the story and saw how blockchain technology could have prevented the crisis and is poised to shape the future.
Stay tuned for more, and follow-repost👇
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1/ In the summer of 2007, Wall Street was buzzing with the term “subprime mortgage.” Little did they know, their world was about to crumble, leading to one of the most devastating financial crises in history.
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2/ As the 2008 crisis unfolded, the global economy teetered on the brink. When the big guys (banks and governments) messed up, ordinary citizens bore the burden. 7.5 million jobs lost, 100,000+ homeless, and a skyrocketing suicide rate.
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5/ How could blockchain have prevented the crisis? Let’s dive in. 👇
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8/ Trustless Transactions: Blockchain operates in a "trustless" environment. Transactions are validated through consensus mechanisms, reducing reliance on intermediaries and their potential failures or misconduct.
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13/ As Sarah and Tom finalize their mortgage, they appreciate how different this process is from the 2008 crisis. Trust in the system is based on technology, with the blockchain verifying every transaction.
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10/ Instead of navigating paperwork and mortgage brokers, they log into a DeFi platform. They find a transparent marketplace to interact directly with lenders.
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Stress doesn't come from hard work...Stress comes from not taking action on something you can control over ---- Jeff Bezos
#quote
#quoteoftheday
#sundayvibes
#JeffBezos
#NFT
#NFTs
#NFTCommunity
#Dogecoin
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9/ Let’s imagine a blockchain-powered world. Meet Sarah and Tom, looking to buy their first home.
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Happy
#BITCOIN
Pizza Day 🍕
Happy Bitcoin Pizza Day, Central DAO Fam! 🍕🥳
Here’s a quick recap of the day that started it all and turned into a festival for
#crypto
enthusiasts.
Share this on your socials and tag
@Central_DAO
for a chance to win a free pizza!
#BITCOIN
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4/ The first Bitcoin block, the Genesis block, contained a message: “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks.” It symbolized a break from past financial failures and a new beginning for transactions.
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3/ The root causes?
A lack of transparency and concentrated power within a few large institutions. But this led to one good thing: the invention of Bitcoin
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14/ This creates a trustless environment where they can confidently engage in financial activities, free from hidden agendas.
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Backing from our founders, internal team, and brand accounts. 🤩
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Based
What is a BASEd way to do a community catch-up? 🤔
Doing it IRL.
Last month, Central DAO members from 5 cities in India ditched the screens and met IRL. 🌱 We touched grass, explored ways to get on-chain and delved into
@base
and
@farcaster_xyz
@jessepollak
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The only centralization we want.. is a life centred around our mother’s love.
#MotherDay
#Web3
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7/ Decentralization: Blockchain’s decentralized nature means no single point of failure. The network is maintained by distributed nodes, making the system more resilient and less vulnerable to shocks.
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The goal is to do the most good for the maximum number of people for the longest time.
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12/ Regulators monitor the blockchain in real-time, spotting trends and potential risks early. If a lender starts issuing risky loans, regulators can intervene before problems escalate.
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11/ Each mortgage option is linked to a blockchain record, detailing the loan's history, terms, and risk assessment. Transparency allows Sarah and Tom to make informed decisions without hidden fees or jargon.
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6/ Transparency: Blockchain offers unprecedented transparency. All transactions are recorded on a public ledger, making it harder for risks to build up in opaque corners of the system.
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1/ A Quick Recap of Rollups?
Rollups are a scaling solution that processes transactions off-chain, bundling them into a single summary sent to Ethereum's Layer 1.
This means Ethereum only verifies and stores a compact version of the transaction data, making it more efficient.
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5/ Why This Matters:
Cost Reduction: Eliminating full data storage on Layer 1 drastically lowers transaction fees for Rollups.
Efficiency Boost: This update lightens Ethereum’s load, paving the way for faster, cheaper transactions.
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2/ The Problem with Current Rollups:
Once Ethereum verifies rollup data, the summary remains on-chain indefinitely, bloating the blockchain and increasing costs.
It’s like keeping an OTP(One time Pin) forever— which is completely unnecessary!
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Skyrocketing engagement on Maxis' X (Twitter) profiles 🚀
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One of the most creative Maxis⚡️
@pandatechie_
is a G 😎
Do you invest in the product or the founder?
Watch this video before you answer.
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Join the
#BharatForWeb3
movement 🚀
Join the
#BharatForWeb3
Movement!
There are 1.4 Billion Indians, but only about 36 million have invested in crypto &
#KnowBitcoin
.
At
@CoinDCX
, we want to change that and work with people who are equally passionate as us about Web3 & crypto. Apply to the CoinDCX Maxis
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Exclusive content creation masterclasses with industry experts.💡
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😍😍
Wow such a nice gesture by
@CoinDCX
team to send surprise 🍕on
#BitcoinPizzaDay
🤗
While still found it difficult to explain Mom why this day is special, she thoroughly enjoyed the pizza 😊.
Mom asked me to convey her thanks to all team members at
#Okto
#CoinDCX
@AadarshArmil
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4/ How It Works:
👉Blobs Submission: Rollups send Blobs instead of complete transaction data.
👉Verification: Ethereum verifies the data availability of the Blob without permanent storage.
👉Storage Efficiency: Only the Blob hash is stored, significantly reducing data
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6/ Conclusion and Future:
Proto-Danksharding makes Rollups up to 10x cheaper and more efficient, making them much more user friendly.
As Ethereum implements these upgrades, we can expect a more scalable and efficient ecosystem.
Now, All eyes on the Dank-sharding👀
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3/ Enter Proto-Danksharding:
This upgrade introduces Blobs, temporary data packets that Rollups submit to Ethereum for verification.
Instead of storing full transaction data, Ethereum only keeps a hash of the Blob, discarding the rest after validation.
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6/ Optimistic Rollups operate on the assumption that all submitted transaction bundles to the L1 are valid until proven otherwise (called fraud proofs).
If a fraud proof is valid, it cancels the faulty transaction and re-executes it to update the rollup’s state.
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With
@Central_DAO
and
@kushal5paliwal
, I am starting a series of stories where we highlight real-world examples of how centralized control has caused harm and how Web3 could have provided a solution.
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2/ Layer 1 blockchains are inherently slower and more expensive due to the blockchain trilemma (decentralization ↔️ security ↔️ scalability).
To scale the L1, we use L2 solutions like rollups.
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5/ But, here arises a question-
How do we ensure that the bundled transaction data computed off-chain is correct?
This is where Optimistic and ZK approaches come in to prove data validity.
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7/ If the rollup is unchallenged during the dispute period, the transaction data are successfully added to the main chain.
Optimistic rollups can process transactions quickly due to this optimistic assumption, but the dispute period can delay finality, sometimes up to a week.
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4/ After performing these operations, Rollups send a summary of the bundled transactions to the L1.
Think of it as bundling up letters and sending to your friend, instead of sending every letter individually.
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3/ Instead of processing everything on the L1 blockchain, rollups handle transactions off-chain and bundle them together.
They perform the computation (Calculations about if the transactions are correct) and store the state (Order of transactions) off-chain.
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9/ ZK-rollups only need to provide these proofs to finalize transactions on Ethereum, instead of posting all transaction data on-chain like optimistic rollups.
There are no delays when moving funds with ZK-rollups because they do not require a dispute period as the ZK-proof is
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10/ Conclusion:
Some say ZK is the future, while others argue that Optimistic rollups are a more natural approach towards scaling.
Regardless of the debate, understanding and appreciating both the approaches is essential for the future of this ecosystem.
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1/ Rollups are layer 2 solutions that bundle transactions off-chain, perform computations, store the state, compress the data, and post a summary to the Layer 1 blockchain.
This makes the L1 scalable through faster and cheaper transactions.
Lot to digest, let's break it down👇
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8/ ZK-Rollups, on the other hand, assume all transactions to be invalid until a zero-knowledge proof is provided about the validity of the transactions.
A ZK proof is a cryptographic proof that the transactions and the state are valid without revealing the actual transactions.
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You might think that you own your profile on X and Instagram, but in reality, you're always living in a rented house.
Your Instagram account isn't really yours—it's Zuckerberg's. Your gun skin or avatar in PUBG isn't yours either—it's Krafton's.
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This space began as a revolt against the absolute power and control of banks and governments. Web3 is a movement, not just a technology. To truly be a part of any movement, you need to understand 'Why it started' and 'Why it matters'.
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Hwang, the ex-owner of the username X, is a photographer from San Francisco. He shared his thoughts: "When it all started happening, I thought maybe something cool would come out of it."
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