NFTnCryptoNerd
@NFTnCryptoNerd
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#Crypto and Non-Fungible Tokens #NFTs are changing the world through #blockchain technology. Come join us on our journey to learn and participate in this space.
Joined September 2021
Overwhelmed with understanding crypto tax programs and a transaction history for taxes? I created a 3 page quick reference guide. Go from knowing nothing to completing taxes yourself or being able to talk with an advisor. Please retweet: @koinly
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@the_economystic I know, right. Never thought about all the components that had to be invented and how those were all integrated into what is now Web3.
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@Cryptofly777 Cardano is too slow for any mass adoption…
L1 Blockchains: Scalability vs. Decentralization I just updated my latest charts, thanks for all the feedback and for helping me confirm the data! 🔥 Here's a comparison of the top L1s, based on 2 key factual metrics: ↔️ Max TPS recorded on-chain 🌐 Active validator nodes
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What do you read below? @MultiversX
@Bearzilla01 Out of those three, EGLD is the most advanced & scalable, as it routes state & TX dynamically However, SUPRA can support different VMs on its shards, a special ability that no other chain has NEAR is more research-heavy, with a more long-term focus on development in comparison
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Once you experience @xPortalApp as your digital wallet, you will never want to use another. I haven’t for the past four years. It’s my go to digital wallet.
The biggest challenge in Web3? User experience. If onboarding from Web2 isn’t seamless, Web3 will never scale. Right now, @MultiversX and @HatomProtocol offer some of the best UX in the space. We chose @MultiversX to give our future users a smooth, effortless onboarding through @xPortalApp . The harsh reality is that most Web3 experiences are frustrating. Too many steps, too many wallets, too much technical overhead. But the moment a project nails UX, it leaves the competition behind 🤯 We’re about to launch our marketing campaigns, and what drives us the most is seeing people finally take control of their finances. The easier we make it, the more adoption will follow. autoscale will be a game changer! Does UX make or break Web3 adoption? Let’s hear what you think.
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What do you see? @MultiversX
L1 Blockchains: Scalability vs. Decentralization I just updated my latest charts, thanks for all the feedback and for helping me confirm the data! 🔥 Here's a comparison of the top L1s, based on 2 key factual metrics: ↔️ Max TPS recorded on-chain 🌐 Active validator nodes
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As the world eventually turns toward tokenizing every transaction (buying a home, car, anything), the amount of transactions will increase exponentially until we reach an end state. You could tokenize driver licenses, other ID, etc for absolutely proof of ownership and of who you are with no possibility (hopefully with an unhackable network) of imposters to pretend they are you or that they are the owner. Almost all data could be a token.
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@TedPillows $4000. Perhaps $5000 eventually will be the forever top as this dinosaur never grows to keep up with demand and gas fees kill the network’s potential
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Very good discussion in the comments showing only @MultiversX has adaptive state sharding as mo other chain does. Years ahead of any other chain..
There are only three chains that have fully deployed sharding: NEAR, EGLD & SUPRA Are we missing any? Future promises do not count; as it must be live on a public PoS chain now! Help us discover what other chains deserve more of our attention Because sharding is the future! 🔥
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As the world eventually turns toward tokenizing every transaction (buying a home, car, anything), the amount of transactions will increase exponentially until we reach an end state. You could tokenize driver licenses, other ID, etc for absolutely proof of ownership and of who you are with no possibility (hopefully with an unhackable network) of imposters to pretend they are you or that they are the owner. Almost all data could be a token.
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@Justin_Bons @PastaBeanFras I believe that’s another reason @MultiversX is nearly unhackable as no one can predict the shards.
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RT @xMoney_com: 1/ As you know, we’ve always been working behind the scenes to build a better, more accessible payment future. And now, wi…
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Topics (as I’m sure you have most of these): - how can software be valuable as a digital “coin”? Why isn’t it a scam? - isn’t crypto just how many other suckers you can get to be the next buyer of a coin or NFT? (Pyramid scheme) - how can you tokenize anything. Tell me about the future where I can buy a house easily with a simple click to buy the token - how will tokenization change everything about purchasing anything? (Absolute proof and transparency of purchase history) - why go digital? What are the pros and cons? - what does a completely digital blockchain future look like?
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