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Lerik

@iam_LeriK

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DeFi Insights & Data Viz || @scribble_dao Contributor || Ambassador @eoracle_network | Analyst @AnalyticSages || DM for DeFi collabs & insights

Defi Insight
Joined May 2022
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@iam_LeriK
Lerik
3 months
Thank you for the spotlight, @flipside ! I'm thrilled to see my work recognized and excited to share more about it with everyone. I'll be adding more data soon to provide a more comprehensive overview. For those interested, check out to learn more:
@flipsidecrypto
Flipside 📊
3 months
Infinite sum might not just be a meme. $8,697,096,923 That's the amount of $ETH that's been restaked with @eigenlayer by over 167k LST depositors. In this dashboard, data found by @iam_lerik will help you find alfa on $EIGEN so you can get ahead👇
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@iam_LeriK
Lerik
1 year
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@iam_LeriK
Lerik
4 months
To kickstart a new era in the SociaFI narrative, social games and economies of tomorrow must offer their users ownership opportunities and direct monetization mechanisms? Here is how @WUW_WhateverFi is turning this vision into reality. 🧵
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@iam_LeriK
Lerik
13 days
𝐅𝐫𝐚𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐈𝐧𝐭𝐞𝐫𝐨𝐩𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 𝐈𝐬𝐬𝐮𝐞𝐬 𝐨𝐟 𝐋𝟐𝐬 𝐀𝐫𝐞 𝐆𝐚𝐦𝐞 𝐓𝐡𝐞𝐨𝐫𝐲-𝐂𝐞𝐧𝐭𝐫𝐢𝐜 As long as this hurdle remains unresolved, user experience will remain a bottleneck. The antidote? Base Rollup Read below to learn more 🧵
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@iam_LeriK
Lerik
3 months
What a day! I woke up this morning to find out I am officially joining @scribble_dao after a long journey participating in the qualifier. This incredible opportunity will inspire me to work even harder and contribute my best to the community. Excited for what’s to come!
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@iam_LeriK
Lerik
2 months
The future will be multi-chain, as @VitalikButerin predicted. However, fragmentation and UX problems have made this vision challenging to achieve. Here's how account-level chain abstraction aims to make this dream a reality. 🧵
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@iam_LeriK
Lerik
10 days
𝐘𝐨𝐮 𝐝𝐨𝐧'𝐭 𝐥𝐚𝐜𝐤 𝐚𝐥𝐩𝐡𝐚𝐬, 𝐲𝐨𝐮 𝐥𝐚𝐜𝐤 𝐚𝐜𝐭𝐢𝐨𝐧. The alpha you're seeking is right in front of you, you just don't realize it. The playbook is simple. → Have a Twitter list of people you listen to → Network with like minded people → Do research via
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@iam_LeriK
Lerik
4 days
𝐓𝐢𝐦𝐞 𝐭𝐨 𝐬𝐭𝐨𝐩 𝐛𝐞𝐢𝐧𝐠 𝐛𝐞𝐚𝐫𝐢𝐬𝐡 𝐚𝐧𝐝 𝐬𝐭𝐚𝐫𝐭 𝐚𝐜𝐜𝐮𝐦𝐮𝐥𝐚𝐭𝐢𝐧𝐠. IMO, the increasing stablecoin supply is a strong signal that accumulation might be smarter than sticking with a bearish outlook. ◢ Economically speaking, when the supply of
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@iam_LeriK
Lerik
5 months
As a trader, understanding the importance of timing will give you an edge in the PvP game of trading. Trading on a slow infrastructure won't help, and as such, one must seek out speed when looking for a DEX. Below is a lightning-fast order book DEX you should be using now. 🧵
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@iam_LeriK
Lerik
5 months
Tracking activities across DEXes would provide insight into strategic decision-making. As an analyst, I aim to monitor the Q1 activities of DEXes within the Base ecosystem to uncover underlying trends and dynamics. Below is a comprehensive overview. 🧵
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@iam_LeriK
Lerik
16 days
𝗡𝗼 𝗙𝗿𝗲𝗲 𝗟𝘂𝗻𝗰𝗵 𝗧𝗵𝗲𝗼𝗿𝗲𝗺 𝗶𝗻 𝗗𝗲𝗙𝗶: 𝗧𝗵𝗲 𝗜𝗻𝗲𝘀𝗰𝗮𝗽𝗮𝗯𝗹𝗲 𝗧𝗿𝗮𝗱𝗲-𝗼𝗳𝗳𝘀 In the early 1900s, American bars used to offer a ‘free lunch’ to entice customers to buy drinks. You can think of this as an early form of an incentive mechanism. 𝘉𝘶𝘵
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@iam_LeriK
Lerik
6 months
Can your blockchain call you? @SolChatCoin , the new primitive in DeFi allows you to do that Inspired by their technology, I decided to create a cool dashboard displaying $CHAT price analysis. Below is a quick overview
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@iam_LeriK
Lerik
2 months
As long as Oracle keeps bootstrapping their own network, the chance of providing true data integrity remains very low. One reason is that minimal nodes can lead to centralization, which means no DApps would want to use such a service. This means DApps will still prefer
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@iam_LeriK
Lerik
3 months
The fragmentation of trust and cost outages could dramatically impact DeFi negatively. These are issues Eigenlayer is addressing by renting out trust and helping protocols bootstrap themselves. Here is a brief overview of what I will cover as an analyst.
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@iam_LeriK
Lerik
4 months
Ethereum gas fees are high and can become burdensome when you have to pay more than what you want to buy. This pain is universal. I spent 48 hours researching the best way to help. Here is a tool I found that can help you cut your costs by a whopping 95%.
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@iam_LeriK
Lerik
3 months
Despite Bitcoin's market cap of $1.3T and a TVL of $1.139B, the current BTCFi infrastructure is yet to fully unlock its mass liquidity into DeFi. That's changing now, as a protocol is introducing the first optimistic rollup on Bitcoin. Open the 🧵 below to learn more!
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@iam_LeriK
Lerik
2 months
Aptos is the non-EVM chain you should pay attention to After exploring the ecosystem, here are the key developments and metrics of this sleeping giant. Using data from: @flipesidecrypto _In one slide_ 👇 📌Market Performance: ​ Aptos: Showed steady growth in transaction
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@iam_LeriK
Lerik
1 year
Sometimes in life we need to fail inorder to unlearn and relearn That is where we become Gm GM
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@iam_LeriK
Lerik
1 month
When success becomes your Alia, nothing can stop you from achieving greatness. Let's take a closer look at Eigenlayer A 🧵
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@iam_LeriK
Lerik
4 months
Governance plays a huge role in the success of a decentralized protocol. Today, I will delve into the governance analysis of Axelar. We will be looking at the proposals and voters as metrics. Let's have a look.
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@iam_LeriK
Lerik
2 months
Thinking like a creator leads to more questioning, while thinking like a consumer leads to less questioning. As a writer, you don't just
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@iam_LeriK
Lerik
2 months
You can't solve a problem with the same level of infra used to create it. Goodbye to fragmentation and UX dilemma, @ParticleNtwrk is optimizing DeFi with 𝐎𝐧𝐞 𝐀𝐜𝐜𝐨𝐮𝐧𝐭 ◈ 𝐎𝐧𝐞 𝐁𝐚𝐥𝐚𝐧𝐜𝐞 ◈ 𝐀𝐧𝐲 𝐂𝐡𝐚𝐢𝐧 Below is a compilation 🧵 of particles Have a good read
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@iam_LeriK
Lerik
4 months
@dyorcryptoapp is driving me crazy with on-chain analysis. @hmalviya9 operates on a whole different level of intelligence. The next Defillama is here, and everyone will catch up. It might be too late by then, as we'll have milk a lot. GM GM, to the team.
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@iam_LeriK
Lerik
15 days
𝗪𝗵𝗲𝗻 𝗼𝗿𝗮𝗰𝗹𝗲𝘀 𝗮𝗿𝗲 𝗲𝗰𝗼𝗻𝗼𝗺𝗶𝗰𝗮𝗹𝗹𝘆 𝗰𝗼𝗻𝘀𝘁𝗿𝗮𝗶𝗻𝗲𝗱, 𝘁𝗵𝗲𝘆 𝗼𝗳𝘁𝗲𝗻 𝗽𝗿𝗶𝗼𝗿𝗶𝘁𝗶𝘇𝗲 𝗰𝗲𝗻𝘁𝗿𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗺𝗼𝗻𝗼𝗹𝗶𝘁𝗵𝗶𝗰 𝗱𝗲𝘀𝗶𝗴𝗻𝘀. In contrast, when oracles are deeply invested, they strive to contribute and enhance
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@iam_LeriK
Lerik
5 months
@avax remains a hidden gem, as the number of smart contracts deployed over the last 7 days surged by 7.3% after undergoing a series of major upgrades last month. Therefore, I delved deeper into this topic by creating comprehensive dashboards that conveyed the story.
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@iam_LeriK
Lerik
11 months
Smart contracts are a limited technology. They promise to eliminate counterparty risk completely, which they do not. Thanks to @SergeyNazarov and his team, we wouldn't have achieved global adoption without them. To clarify this, let's delve into the world of @chainlink . (↓)
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@iam_LeriK
Lerik
3 months
After Borpa announced an airdrop for $NGL holders, activity in the ecosystem surged significantly. Open 🧵 to view the dashboard analysis.
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@iam_LeriK
Lerik
5 months
CT is about to experience a new wave of media attention with an upcoming token launch, which will likely cause a lot of FOMO. And, of course, the market seems down at the moment, but this has nothing to do with what's coming. Here's why: Lock in.
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@iam_LeriK
Lerik
11 months
You can succeed in DeFi by embracing the right life philosophy. Many chads have gone astray because they lack some of these fundamentals. Why try repeating their mistakes when you can direct your own life? Here are 21 philosophies to adopt in your daily life in Defi
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@iam_LeriK
Lerik
12 days
Lately, I’ve realised how many opportunities I've missed due to procrastination. We often talk about aiming for a 1% improvement each day, but we rarely consider the 1% risk worth taking. What’s truly daunting isn’t just the idea of getting better—it’s the risk, the sweat, and
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@iam_LeriK
Lerik
2 months
There is a saying that goes like this: ​ "If you fail to plan, you are planning to fail," but I feel like you can also be planning to fail in crypto. ​ This pattern keeps repeating itself. @ZKasino_io is one crucial example; they plan to fail, not plan for success. ​ Today,
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@iam_LeriK
Lerik
10 days
Inspired by the fear of being average. Every step count Gm
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@iam_LeriK
Lerik
1 year
What is community moderation? And four tips that can help you build a successful community. A Thread🧵
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@iam_LeriK
Lerik
2 months
We can't all analyze the same data; there needs to be a distribution for analysts. If everyone is covering Ethereum, Solana, and Base data, how will other protocols building on other blockchains make informed decisions? I guess analyzing a chain that seems to have no growth can
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@iam_LeriK
Lerik
5 days
I've just published an article on @t2wrld where I share my thoughts on simplifying the onboarding process for new users into Web3 and Ethereum. You can read the article through the link below—don’t forget to leave a like! 🫶 @2077Collective @t2wrld
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@iam_LeriK
Lerik
18 days
It’s all about smooth transactions, not getting bogged down by the tech. Adoption is key, not splitting up the community. Modularity is the move, not going all-in on a single solution. CHAR is the future, pushing the boundaries and taking us to the next level.
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@iam_LeriK
Lerik
6 days
The future looks promising - Economics security layer - Restaking layer - Appchain layer with Chain Abstraction User experience and Developer experience is solved by 90% while we focus on expanding into more real-world innovation.
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@iam_LeriK
Lerik
12 days
Learn from the ant, learn from the cockroach There’s something they know that you don’t. They belong to communities you don’t. Just because you're human doesn't mean you can't learn a few lessons from animals. Drop your ego and learn. GM.
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@iam_LeriK
Lerik
5 months
A key way to analyze a reputable chain is by examining its validator set and block production. So, I took an interest in Axelerchain, and here is what I found in my analysis. Link to the dashboard below.
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@iam_LeriK
Lerik
1 month
Collaboration over Competition It's not necessary for everyone to lead or be the main character. Understanding one's strengths and weaknesses is key to successful collab. This reflects the current state of the L2, where everyone wants to shine, but few are willing to collab.
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@iam_LeriK
Lerik
2 months
Okay, I finally got some help with this.The problem is that @flipsidecrypto uses Snowflake SQL, and the engine doesn't support the type of query I wrote to convert JSON format. But it's not too much of an issue because a top contributor in the Discord server suggested a Live
@iam_LeriK
Lerik
2 months
Wake up. Plan my day. Open Flipside to finish my data project, only to find out that the engine didn't support my query. Now I'm stuck in a loop trying to fix the problem.
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@iam_LeriK
Lerik
20 days
Stay committed to your goals, keep your focus sharp. There are plenty of distractions out there, especially those who offer nothing real in return (props to the few who are genuine). Value yourself, cherish your grind, and protect your energy. Gm
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@iam_LeriK
Lerik
15 days
𝗔 𝗴𝗿𝗼𝘄𝘁𝗵 𝗺𝗶𝗻𝗱𝘀𝗲𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗼𝗻𝗹𝘆 𝗺𝗶𝗻𝗱𝘀𝗲𝘁 𝘁𝗵𝗮𝘁 𝘄𝗶𝗹𝗹 𝗹𝗲𝗮𝗱 𝘁𝗼 𝘀𝘂𝗰𝗰𝗲𝘀𝘀. In DeFi and trading, staying grounded and focused on long-term growth is key. Letting the ups and downs of the market, or the envy of others' success, take
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@iam_LeriK
Lerik
13 days
Beyond the tech, the L2 business model mirrors the 𝐏𝐫𝐢𝐬𝐨𝐧𝐞𝐫'𝐬 𝐃𝐢𝐥𝐞𝐦𝐦𝐚 in game theory. This theory describes a situation where the fate of two criminals, arrested with minimal evidence, depends entirely on their choices.
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@iam_LeriK
Lerik
14 days
When privacy is under attack, so is freedom of speech. The government's pursuit of Durov threatens not just one platform, but the fundamental rights of expression and privacy for us all. Protecting these freedoms is non-negotiable. #FREEDUROV
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@iam_LeriK
Lerik
13 days
Similarly, when studying the Rollup-centric roadmap, we can observe a parallel to the Prisoner's Dilemma. The dynamics and architecture of today's Rollup ecosystems often mirror the second choice, discouraging cooperation and instead incentivizing defection.
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@iam_LeriK
Lerik
6 days
Apparently, X is now like Instagram, where you all dox without putting out content, just for random dumps. I'm just curious if that's the new meta, no offence 🤧
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@iam_LeriK
Lerik
13 days
If both prisoners remain silent, they each receive light sentences, but if both confess, they receive a more severe punishment.
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@iam_LeriK
Lerik
2 months
Are there any podcasts or blogs for on-chain data analysts? I feel like the career side of crypto data is not being discussed enough. It's one thing to build on Dune or Flipside; it's another to understand the career side of it. A discussion with @ModestusOkoye proves that.
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@iam_LeriK
Lerik
13 days
◢ Proposed Solution: According to the No Free Lunch Theorem, coined by mathematicians 𝐃𝐚𝐯𝐢𝐝 𝐇. 𝐖𝐨𝐥𝐩𝐞𝐫𝐭 𝐚𝐧𝐝 𝐖𝐢𝐥𝐥𝐢𝐚𝐦 𝐆. 𝐌𝐚𝐜𝐫𝐞𝐚𝐝𝐲, in the context of decision-making and optimization, no single solution or algorithm is best for all problems.
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@iam_LeriK
Lerik
16 days
𝗡𝗼 𝗙𝗿𝗲𝗲 𝗟𝘂𝗻𝗰𝗵 𝗧𝗵𝗲𝗼𝗿𝗲𝗺 𝗶𝗻 𝗗𝗲𝗙𝗶: 𝗧𝗵𝗲 𝗜𝗻𝗲𝘀𝗰𝗮𝗽𝗮𝗯𝗹𝗲 𝗧𝗿𝗮𝗱𝗲-𝗼𝗳𝗳𝘀 In the early 1900s, American bars used to offer a ‘free lunch’ to entice customers to buy drinks. You can think of this as an early form of an incentive mechanism. 𝘉𝘶𝘵
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@iam_LeriK
Lerik
13 days
@puffer_finance With Puffer’s design alongside their flagship product, UniFi Base Rollup, validators can easily opt into additional slashing to participate in preconfirmation, knowing that the system has anti-slashing measures.
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@iam_LeriK
Lerik
15 days
Revenue is not just the engine that keeps your business running—it’s the fuel that powers future innovation. Without a steady stream of revenue, even the most advanced technology remains just an idea, not a viable business. Consider this for a moment: you’ve poured your heart
@arndxt_xo
arndxt
15 days
You've must been blind to miss this gem and all along, I've been stressing the importance of 2 things: Sustainability, Cash Flow. Why @BananaGunBot will be the biggest winner this cycle👇 First, lets look at its Revenue : Market cap Revenue - $BANANA $4M vs $AAVE $4.5M Market
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@iam_LeriK
Lerik
13 days
@puffer_finance 𝐏𝐮𝐟𝐟𝐞𝐫 Puffer is an LST protocol that utilizes the Validator Smoothing Committee mechanism. Node operators lock C ETH as collateral, which can serve as tier 1 capital or be combined with 32-C ETH.
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@iam_LeriK
Lerik
1 month
No blockchain can achieve scalability by focusing solely on TPS. When the number of users exceeds the TPS capacity, the system’s true scalability limits are tested.
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@iam_LeriK
Lerik
13 days
@puffer_finance ⇒ 𝐀𝐥𝐢𝐠𝐧𝐞𝐝 𝐈𝐧𝐜𝐞𝐧𝐭𝐢𝐯𝐞𝐬 Developers capture fees from their applications, directly linking their success with the ecosystem's growth. ⇒ 𝐑𝐞𝐝𝐮𝐜𝐞𝐝 𝐂𝐨𝐦𝐩𝐥𝐞𝐱𝐢𝐭𝐲 No centralized sequencer means less operational burden and technical overhead.
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@iam_LeriK
Lerik
15 days
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@iam_LeriK
Lerik
13 days
𝐁𝐫𝐨 𝐰𝐡𝐚𝐭 is 𝐏𝐫𝐞𝐜𝐨𝐧𝐟𝐢𝐫𝐦𝐚𝐭𝐢𝐨𝐧? Preconfirmation is a mechanism that gives users immediate feedback, indicating that their transactions will be included in the next block.
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@iam_LeriK
Lerik
6 days
Not everything you see on CT is true. Question everything as a human by using your cerebral cortex. Believe what you see at your own risk and seek to understand the reasons behind everything. Always check the data before drawing conclusions.
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@iam_LeriK
Lerik
13 days
Base Rollup proposed by Justin Drake, which leverages the next L1 proposer, working with L1 searchers and builders, to include the next Rollup block in the subsequent L1 block trade-off preconfirmation.
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@iam_LeriK
Lerik
3 months
I am embarking on a series of analyses on @eigenlayer to challenge myself in data analysis and am open to any corrections. Data Source: @flipsidecrypto Here's an introduction to what I've done and what to expect in future analyses. 👇
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@iam_LeriK
Lerik
5 months
Conducted a Q1 analysis for 2024 on @vertex_protocol . This tracks the fees spent in Q1, users acquired, and liquidation risk. • Fees spent over time: $15.7 million • Spot fees in Q1: $39.8K • Number of liquidations in Q1: -452.1K
@iam_LeriK
Lerik
5 months
As a trader, understanding the importance of timing will give you an edge in the PvP game of trading. Trading on a slow infrastructure won't help, and as such, one must seek out speed when looking for a DEX. Below is a lightning-fast order book DEX you should be using now. 🧵
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@iam_LeriK
Lerik
13 days
@puffer_finance 𝐂𝐨𝐧𝐜𝐥𝐮𝐬𝐢𝐨𝐧 L2 Fragmentation and Interoperability could be significantly advanced as Puffer continues to bring innovative solutions to ensure global trustless computation.
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@iam_LeriK
Lerik
13 days
@puffer_finance ◢ The flywheel is simple Validators stake ETH, mint pufETH, which accrues yields through staking rewards and Validator tickets, and then Restake ETH on EigenLayer.
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@iam_LeriK
Lerik
13 days
@puffer_finance ◢ How does this relate to Preconfirmation? With Puffer’s design alongside their flagship product, UniFi Base Rollup, validators can easily opt into additional slashing to participate in preconfirmation, knowing that the system has anti-slashing measures.
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@iam_LeriK
Lerik
4 months
Currently, Ethereum users are spending staggering amounts on gas fees combined: over 32.7 ETH ($123,945) in just one hour, 2.49k ETH ($9,453,715) in the last 24 hours, and 7.42k ETH (~$28,171,261) in the past week (Source: Nansen).
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@iam_LeriK
Lerik
13 days
@puffer_finance ◢ 𝐏𝐮𝐟𝐟𝐞𝐫 𝐀𝐩𝐩𝐜𝐡𝐚𝐢𝐧 Furthermore, Puffer UniFi makes it easy for developers to deploy an Appchain, fostering a positive-sum game with interoperability in mind.
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@iam_LeriK
Lerik
1 year
@blessed_mayor I will make my first 10000 this year I will screenshot this and come back to it
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@iam_LeriK
Lerik
13 days
Fortunately, technologies like EigenLayer, inclusion lists, SSLE, and MEV-Boost have made preconfirmation possible within 100 milliseconds, and @puffer_finance is one protocol that’s optimizing this approach.
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@iam_LeriK
Lerik
2 months
Quick observation: AI agents are set to increase demand for AI, especially with the anticipated launch of GPT-5. $NEAR remains undervalued despite consistently introducing many new narratives crucial at this time. $Blast weekly volume is around 59.53%, mostly driven by users
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@iam_LeriK
Lerik
13 days
Every solution has its trade-offs and limitations, so the "best" solution depends on the specific context and criteria being considered.
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@iam_LeriK
Lerik
13 days
@puffer_finance NoOps (Node Operator) pay a non-refundable Smoothing Commitment (SC) to borrow ETH to run a validator, receiving all rewards, with the SC priced via auction based on the desired validator duration.
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@iam_LeriK
Lerik
13 days
As a result, the fragmentation of liquidity and state, increased end-user UX friction, and additional challenges such as entrepreneurial friction have become a significant concern for the CT community.
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@iam_LeriK
Lerik
17 days
If you don't fully understand the mechanics of an investment, it's better to avoid it. Ignore Alpha Callers and become your own alpha
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@iam_LeriK
Lerik
13 days
@puffer_finance ⇒ 𝐏𝐨𝐬𝐢𝐭𝐢𝐯𝐞 𝐒𝐮𝐦 Each new chain in the ecosystem enhances your app’s reach without extra deployments. ⇒ 𝐒𝐞𝐚𝐦𝐥𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐫𝐨𝐩𝐞𝐫𝐚𝐛𝐢𝐥𝐢𝐭𝐲 UniFi app chains interact smoothly across chains, eliminating the need for complex bridging solutions.
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@iam_LeriK
Lerik
2 months
Seems the new trend now is to build L2 on every L1. L2 on Ton, Tron, BTC, Cardano, Dodge, Algorand...
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@iam_LeriK
Lerik
13 days
It’s like seeing a message that your transaction is "pending" or "successful" on the blockchain. Without soft confirmation, the user experience of dApps wouldn't be suitable for end users.
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@iam_LeriK
Lerik
13 days
@puffer_finance ⇒ 𝐋𝐞𝐬𝐬 𝐃𝐞𝐜𝐢𝐬𝐢𝐨𝐧-𝐌𝐚𝐤𝐢𝐧𝐠 Developers can focus on innovation without relying on a single Rollup’s success. ⇒ 𝐄𝐚𝐬𝐞 𝐨𝐟 𝐃𝐞𝐩𝐥𝐨𝐲𝐦𝐞𝐧𝐭 Launching an app-chain is as simple as deploying a smart contract, lowering the entry barrier for developers.
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@iam_LeriK
Lerik
13 days
Imagine sending a transaction to a friend and not knowing if it was sent or not—you'd have to rely on manual checks, which contradicts the principles of seamless design.
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@iam_LeriK
Lerik
2 months
Wake up. Plan my day. Open Flipside to finish my data project, only to find out that the engine didn't support my query. Now I'm stuck in a loop trying to fix the problem.
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@iam_LeriK
Lerik
5 months
It's okay to want to be great. It's okay to want more. It's okay to want to be better than you were yesterday. However, never forget who you have become today, the little things you have accomplished that seem so big to others. It will all make sense soon, believe in yourself.
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@iam_LeriK
Lerik
2 months
Where are we heading with today's scaling solutions? Are we just building to impress with buzzwords, or are we genuinely passionate about scaling? This idea struck me today, and here is my thought process on this issue. (↓) The demand for blockchain scalability is a
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@iam_LeriK
Lerik
2 months
Another trend observed is that of infrastructure projects aiming to accrue their value. Examples include DYDX and Frax and others developing app chains to control their block space, which enhances throughput for thier users.
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@iam_LeriK
Lerik
7 months
It has been long since I tweeted here; I've been learning Data Analysis all this while. Today, I will be sharing my first dashboard. I am glad you love it.
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@iam_LeriK
Lerik
13 days
@puffer_finance Additionally, a bond, similar to Rocket Pool’s bond, is minted as pufETH before any validation begins. Validators can also become Restake Validators on top of Puffer, which is where things get interesting.
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@iam_LeriK
Lerik
2 months
GM
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@iam_LeriK
Lerik
13 days
@puffer_finance 𝐍𝐁: This exciting development with Puffer UniFi will go live soon, so it’s best to start exploring the tech stack now.
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@iam_LeriK
Lerik
6 days
Let’s clarify the situation. I’ve noticed a lot of discussions about metrics being flawed and unreliable. In my opinion, the issue isn't with the metrics themselves but rather with the narrative behind them. It's crucial to understand that comparison is key in data analysis.
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@iam_LeriK
Lerik
13 days
@puffer_finance On @puffer_finance , Node Operators purchase Validator tickets (ERC-20 tokens) for as little as 2 ETH to 4 ETH, allowing them to rent validator keys for a specific duration, reducing risks and lowering the entry barrier.
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@iam_LeriK
Lerik
21 days
IMO, it's not just about being decentralized, an oracle could be decentralized in nature but centralized in its data collection. That's why education needs to be at the forefront. Let's use a simple analogy to understand this.
@Clemzweb3
Çlémz
21 days
@basitWeb3 Doesn't Oracles reduce the decentralization claim of blockchain's?
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@iam_LeriK
Lerik
3 months
The reality is, we all know what it takes to succeed in crypto, but we often don't follow through. We let cheap dopamine distracts us. But the gist is, we can achieve great things—the wealth in this world is beyond our imagination. Discipline can change everything.
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@iam_LeriK
Lerik
2 months
In response, @DefiIgnas suggested using multiple Chrome profiles for each wallet as a way to organize and reduce the risk of hacks. Yes, this solution helps, but it doesn’t address the fundamental problems within the blockchain itself.
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@iam_LeriK
Lerik
2 months
Some time ago, Vitalik proposed an argument addressing the challenges of cross-chain applications and bridge security, emphasizing the future as a multi-chain world.
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@iam_LeriK
Lerik
2 months
◢ Blockchain-Level Chain Abstraction: This level deals with the basics, like combining various features such as security and bridges.
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