Blue7
@Blue7_io
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Pinned Tweet
Accelerating the Modular Paradigm: Parallelized AltVMs
Parallelized execution layers are the natural and necessary evolution of the monolithic to modular paradigm. When we have resolved the scalability bottlenecks of Web3, we will reflect on the rise of parallelized alternative
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ICON is laying the groundwork for an internet of blockchains; integrating existing societies into a decentralised world. To understand this network of networks effect we look at ICON's nuclear communities & constituent elements
@helloiconworld
@minhokim
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In Dec '17, we identified that
@helloiconworld
's real-world partnerships placed the project in a truly rarified sphere within the blockchain landscape. 2018 speaks to the team's dedication to hyper-connecting the world.
Link to full chart:
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We’ve previously written about the distinguishing features of ICON and why it stands out in an increasingly crowded landscape; we wanted to do a deeper dive on it’s partnerships to further clarify one of its key strengths.
@helloiconworld
@minhokim
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@helloiconworld
: A Notable Approach to Network Effect. loopchain technology and partnership strategy feed into a "virtuous cycle".
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Rollup day with
@alt_layer
. Great panel ongoing about modular vs monolithic featuring
@vyas_krishnan
(
@eigenlayer
), Shuyao Kong (
@LineaBuild
/
@Consensys
),
@tonyolendo
(
@0xPolygonLabs
) and
@IAmNickDodson
(
@fuel_network
)
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(1/4) Building stakeholder inclusive governance
A core principle held by
@decredproject
is "Multi-Stakeholder Inclusivity - Inclusivity represents a multi-stakeholder system and an active effort shall be maintained to include a diverse set of views and users."
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Congratulations to the Shardeum team for closing their strategic round. We are proud to be early backers of Shardeum
Shardeum not only brings linear scaling via shards but is the first to implement
transaction level consensus allowing atomic composability between shards.
📢 Shardeum raises $5.4M in Strategic Round
💪 Our investors include
@ambergroup_io
@Galxe
@JSquare_co
@trgcapi
@BwareLabs
@tanelabs
@luganodes
@CryptoVietInfo
@Blue7_io
Blockchain Ventures Hub, Hyperithm Group & J17 Capital among others.
Read more 👉
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Grateful to the founders who took a break from navigating startup waters to wade through floods with us.
#Blue7FoundersNetworkState
@0xDinoEggs
@0xHBx
@0xlukeskywalker
@0xTomo
@ada_0g
@blockchain_bri
@danadegenius
@immorriv
@Mardeni01
@mheinrich
Jason (AI
@0g_labs
)
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Block Collider: Fusing existing chains into a multi-chain, a dramatic evolution in blockchain interoperability.
@blockcollider
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Congratulations to
@kadena_io
on its first official listing with
@BittrexGlobal
.
Highlighting again what makes Kadena's technology so extraordinary. Layer 1 Proof of Work scaling solution and its live now.
A deep dive into the tech:
Kadena | A viable Proof of Work solution for Scaling Blockchain
Chainweb, a previously unexplored scaling concept, enables parallel block processing across multiple PoW chains that are braided together into what is a web of chains.
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At
@trgcapi
InfraCon: Blue7 partner Niru moderating panel on Monolithic versus Modular with
@eigenlayer
’s
@vyas_krishnan
,
@fuel_network
CEO
@IAmNickDodson
,
@AvailProject
Founder
@anuragarjun
and
@movementlabsxyz
Co-founder
@rushimanche
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Great talk by
@Mardeni01
and
@0xTomo
on
@weave_db
- NoSQL database as a smart contract at
#ArweaveDay
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Building persistent relationships begins with meaningful conversations: founders talking to founders
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Blue7 moderated the Web3+AI panel at
@trgcapi
Infracon.
@ben_frigon
from
@TalusNetwork
and
@super3
from
@prodialabs
re-iterated web3 and decentralized/distributed networks as the necessary antidote for the dangers of centralized AI and the supply crunch on compute.
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What makes a good smart contract language? L2 AltVMs and their smart contract languages are rapidly expanding the design space of Ethereum.
@fuel_network
(
@swaylang
),
@movementlabsxyz
(Move),
@aztecnetwork
(Noir).
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At
@trgcapi
InfraCon - current panel with
@POKTnetwork
co founder
@o_rourke
,
@zerogravity
co founder
@mheinrich
,
@KoiiFoundation
CMO Melvis and
@hack_vc
partner
@0xRodney
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(1/7)
@alt_layer
's RaaS model and no-code dashboard makes it easy for developers to spin up fast and scalable rollups in as little as 2 minutes. This thread looks a little bit further, at the even more novel features than can be created with no-code + flash rollups ⚡️
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Excited to announce Round 1 of our Internship Program commencing in June 2023. Blue7's mandate has always been to invest in the end state of Web3 and tomorrow's talent forms an imperative part of that.
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"What is the digital economy? It′s the economic activity that results from billions of everyday online connections among people, businesses, devices, data, and processes. The backbone of the digital economy is hyperconnectivity" (
@Deloitte
) which is the focus of
@helloiconworld
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Kadena | A viable Proof of Work solution for Scaling Blockchain
Chainweb, a previously unexplored scaling concept, enables parallel block processing across multiple PoW chains that are braided together into what is a web of chains.
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SEC declared that ETH is not a security!
"If a cryptocurrency network is sufficiently decentralized and purchasers no longer have expectation of managerial stewardship from a third party, a coin is not a security, Hinman added."
()
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.
@QodaFinance
brilliant team building a novel lending/borrowing protocol from scratch which will birth new defi primitives. Thousands of users using the testnet app. Deserving stewards of capital in the
@Polkadot
/
@MoonbeamNetwork
ecosystem.
Support here
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(1/5)Leveraging Decentralised Knowledge
Thought provoking
@valkenburgh
- 1945 Hayek critiqued central planning as a deterrent to economic efficiency. A single agent is only a small fraction of the sum total of knowledge held by all members of society.
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Execution Day by
@fuel_network
Fast Finality talk by
@IAmNickDodson
explores a viable solution to reducing the finality window for optimistic roll ups.
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Recommended reading:
Intentional: Solana VM
“...reason why Solana is able to process transactions in parallel is that Solana transactions describe all the states a transaction will read or write while executing. This not only allows for non-overlapping transactions to execute
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(2/4) Decred is a hybrid PoW/PoS chain, but it retains the same level of security and assurances as the PoW protocol. The PoS aspect of Decred's governance & incentive mechanism was introduced as a means of enfranchising a diverse stakeholder base that expands beyond just miners.
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Constellation | Scaling through the HyloChain Consensus Architecture
Hylochain, a lightweight consensus architecture couples a reputation based consensus model with Directed Acyclic Graph (DAG) data structure.
@Conste11ation
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(1/4) Scaling PoW
@kadena_io
's Chainweb solution is the natural evolution of Bitcoin's protocol, introducing a previously unexplored scaling concept that enables parallel block processing across multiple PoW chains that are braided together into what is a web of chains.
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CTO JH Kim introduced the ICONex (wallet) ICONick (wallet ID) and ICON tracker. There's a lot of convenience and easy adoption factors taken into consideration. Check it out on the official website!
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(3/4) Decred achieves enfranchising of diverse stakeholders by ensuring there are sufficient incentives to participate & to secure the network by splitting block rewards between Miners (PoW - 60%), Voters (PoS - 30%) and Decred development subsidy (10%).
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The Future of High Performance Dapps
@trgcapi
Infracon
Discussing the buzzwords of web3 -
@thunder
from
@AvailProject
@mheinrich
from
@0G_labs
@_mayurc
from
@vistaralabs
Tahir from KRNL
Moderated by
@kichsr
from
@ZircuitL2
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At Blue7 we look forward to a future where the region's burgeoning interest and investment across blockchain and artificial intelligence play a leading role in not only fostering, but empowering innovation.
I had the pleasure of presenting a keynote on “Blockchain and AI: The Crossroads of World Changing Technologies” at The Royal Investment Summit of The Private Office of HE Sheikh Abdulaziz Bin Duaij Bin Khalifa Al Khalifa. The summit fostered insightful discussions on technology,
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(4/4) Decentralization comes at a cost; disperse diverse constituents can be difficult to align incentives for. Strong governance driven by carefully engineered incentives present the greatest opportunity to curate behavior of stakeholders in a decentralized ecosystem.
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@Dustin_Byington
presenting to Wanchain community in Dubai - on the importance of rebuilding not just repairing the financial services industry and his thoughts on
@PeterDiamandis
philosophy of digitisation and exponential tech which reflects
@wanchain_org
principles
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Great panel at
@schellingpoint_
on brewing innovation with open source. With
@Dorothy_defi
(
@alt_layer
),
@msweezey
(
@SmartLayer
),
@longfei_w
(
@protocollabs
), Nicole Sun (Zuzalu). Moderated by Mary Liu (
@CelestiaOrg
).
Kicking off token2049,
@schellingpoint_
runs all day.
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Shardeum is also the fastest growing community digitally and in the physical world with thousands participating in regular Proof of Community events.
We are excited to be on board with Shardeum & their mission to make decentralisation accessible to all.
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Great lineup of panelists by
@ambergroup_io
highlighting infrastructure layer innovations tackling scalability with
@mirzdame
,
@gregoryhemmer
and Dima Romanov
@LayerN_Official
.
#Token2049
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Panel 2 with
@OKX_Ventures
(
@JeffRenOKX
, Paige Xu),
@all_infra
(Bill Kentrup), (
@gitcoin
)
@azeemk_
. On climate x crypto. Questions about controversial gitcoin x
@Shell
collab .
@azeemk_
points out that climate problems need collaboration from all parties.
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SpecR has been fortunate to grow and evolve with the crypto space over the last 4 years. The nascency of crypto at the time meant our primary mandate was research and the propagation of blockchain’s potential - in particular our early theses on interoperability and scalability.
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@bloXrouteLabs
@uriklarman
@AleksandarKuz14
@eyalmarkov
@uriklarman
exciting to see your project
@bloXrouteLabs
actively working with other cryptocurrencies. Solving for scalability collaboratively - definitely a project on our radar.
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When truly trustless interoperability is enabled, the maximalist debate ends.
#interoperability
"True decentralization is when there are many competing money projects [cryptocurrencies], not just one. May the meritocracy win."
via
@ferdousbhai
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It was a pleasure to host
@kadena_io
at their first Singapore meetup, where founder
@_wjmartino_
and product lead
@mariesleaf
spoke on Kadena's public chain- Chainweb. It was exciting to see such an engaged crowd bring challenging questions and informed thought to the meetup.
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Agree with
@AriDavidPaul
. Think about your underlying exposure. Outside of speculative mania/excitement about tokenisation, do you have an edge or reason to participate in any given STO? Tokenisation alone doesn't create value.
#notAlchemy
Real estate in equity form (REITs) is real estate, and you need to underwrite it with real estate expertise. As a crypto investor, I have no business investing in tokenized biotech, or tokenized real estate. A tokenized company is a company, and must be evaluated as such.
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Great panel on elevation of user experience through interoperability at panel hosted by
@alt_layer
and including
@vyas_krishnan
from
@eigenlayer
,
@0xASK
at
@OmniFDN
,
@khuranarishabh3
at
@SocketDotTech
, Gwen
@Orbiter_Finance
and Wanli
@CelerNetwork
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Ok for anyone who missed the announcement:
@wanchain_org
Mainnet is live. Genesis block has been mined.
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.
@alt_layer
’s enshrined interlayer for rollups, a great presentation by
@jiayaoqi
at New Trends Summit.
#Token2049
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"28 million Blockchain wallet users at the end of September 2018" which translates to only 0.4% of the world population. If you're in
#Crypto
in 2018 you're still very very early.
@StatistaCharts
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(3/3) "Many have said that decentralization is the most important property of systems like Bitcoin and Ethereum. If this is true, then it is critical to be able to quantify decentralization."
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The team representing
@wanchain_org
in Dubai including
@Dustin_Byington
(President)
@liniwanchain
(VP, Beijing) and
@machinayz
(Community Lead, Madrid)
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(1/3)
@zooko
responds to
@laurashin
on the point of contention surrounding privacy, that it may condone bad actors & malicious activity.
“...if we were going to empower a bunch of humans, are they going to use their power more for good or more for evil."
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(1/3) Difficulty of designing sustainable governance
@virtuallylaw
questions; how immutable are blockchain ledger entries if the network becomes politicized?
Sustainable network governance converge diverse constituents to the objective of the network.
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(3/5)Leveraging Decentralised Knowledge
Projects initially deploy on a small pool of knowledge. The project's capacity to accrue decentralized knowledge, arrive at & deploy the best conclusions enhance its ability to evolve & sustain.
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Great panel on Interop & ZK at the Denver ETH Infra Day with
@intmaxIO
@ZircuitL2
@taikoxyz
and others. Enjoyed the discourse on composability and the need for social incentives vs technical resolutions for interoperability
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(2/5)Leveraging Decentralised Knowledge
Google won by leveraging the decentralised social interactions of internet users, through the use of the Page Rank algorithm.
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Great initiative
@TezosFoundation
, these are the type of efforts that locomote the ecosystem by providing the tools and resources necessary to franchise all participants.
Yesterday, we announced our commitment of funds to educate 1,000 software developers. The training programs will empower individuals from all over the world to build on
#tezos
.
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FUD is unnecessary and useful to no one. Glad a statement has been put out.
Tether releases statement on USDT drop: "We would like to reiterate that although markets have shown temporary fluctuations in price, all USDT in circulation are sufficiently backed by U.S. dollars (USD) and that assets have always exceeded liabilities."
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Food for thought - can be extrapolated for blockchain based incentivised social media.
1/ Token curation markets use economic incentives to create crowd curated information feeds/lists on any topic. Feels like what will become an important crypto primitive:
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Congratulations to the team on deploying testnet - Qoda is working on bringing order book based fixed rate/fixed term collateralized lending and borrowing to DeFi
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@wanchain_org
event at the Roxis has rolled out the red carpet for its community event! Excited to network and hear
@Dustin_Byington
speak.
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Tip of the hat to
@decredproject
as they forge ahead in trying to figure out the governance piece of decentralisation. Momentous passing of the baton from team to tokenholders. Will watch with interest.
BREAKING: Decred is handing control of its $21 million treasury and all aspects of the protocol, from consensus through staffing, over to token holders.
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@Dustin_Byington
also briefly touched on what is at the forefront of the community's mind - all systems are green for launch in January! Genesis block of Wanchain (Ethereum with privacy) will be launched in Jan 2018.
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Request: More than just Paypal 2.0 & How Request is revolutionsing the accounting game
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@balajis
.
@CryptoHayes
closing thoughts:
2026 top in markets as governments try and save themselves from going bankrupt. This could drive the largest bullrun. Latter half of this decade could be messy. In terms of tech, bullish whatever infrastructure resists government opposition.
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Smart homes are just another avenue where we cede our privacy to centralized elements - self-sovereign identity on
#blockchain
can ensure user control of personal data through separation of user data and user experience.
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(2/3) Successful projects harness the early community to advance its ambitions; unsuccessful projects face fierce resistance from disenfranchised stakeholders (particularly in moments of stress).
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"If you're building a product that relies on a network effect, creating a governance token or adding governance privileges to your token can be incredibly powerful. It increases voice for participants and makes the network effects more resilient."
@lkngtn
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@Dustin_Byington
reiterated the fundamental importance of privacy for the financial services industry. Exciting to see how
@wanchain_org
will resolve privacy, security and centralised bottlenecks of traditional banking & bring access to the est. 2bn ppl left behind by the FS ind.
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(2/4) Bitcoin trades off scalability in the "Scalability trilemma" to ensure security and decentralization. The common argument is that in order to scale then we must trade off on either the security of the network or the decentralization of the network.
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(3/3) Immutability & trustlessness of the blockchain allows the creation of "new markets where they couldn’t exist before, whether for political or for economic reasons. To do this, we have to be able to trust the blockchain, and to trust that no one controls it."
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As we now look toward the next phase of growth and adoption for crypto, we’re excited to be rebranding as Blue7.
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3/“While both flows are viable if properly executed, and in my opinion best when combined, it is the last actor in the capital flow chain that is at risk of falling off and thereby dragging down the network.”
Effective crypto-networks design against neglect of "last actors".
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(3/4)Centralised systems are a good example of exclusionary models - necessary when wanting to capitalise and monopolise, but inefficent in their ability to allow participants to coordinate with others external to the system.
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(4/5)Leveraging Decentralised Knowledge
Ergo the more rigid and fixed a system is on its initial pool of knowledge and design, the more it hinders its ability to evolve. Think AltaVista vs Google.
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@SaurabhPGunjal
@AriannaSimpson
Would also recommend our overview which goes into the value proposition and what differentiates the current projects. Let us know if you have any questions or comments.
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