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pedro🍷
@pedroo_nv
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Happy to finally share what @0xDinoEggs & I have been working on! L2s, DA layer, settlement layer, dapps, educational posts, and much more all in one place 🙂 @modularmedia_
💥 Introducing Modular Media: an outlet focused on modular blockchain news and education. Here's what we're all about 🧵
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Okay, admittedly, this took me way too long to do. I had several other updates to go over, but didnt have time to edit lol fml will get better over time!
Yesterday, a new CIP was proposed, suggesting to lower @celestia inflation and disinflation of TIA by 33%. This came after realization that Celestia may be overpaying for security, leading to unnecessary dilution, especially to non-stakers. So what's the proposed solution? 🔷 Reduce inflation immediately by 33% (7.2% -> 4.82%) 🔷 Reduce the annual disinflation rate by 33%, meaning inflation drops slower each year Impact: 🔷 Less forced selling from validators 🔷 Less dilution for holders 🔷 More room for apps to compete with staking 🔷 A long term shift towards sustainable economics Here's an audio breakdown of the proposal!🎧
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Yesterday, a new CIP was proposed, suggesting to lower @celestia inflation and disinflation of TIA by 33%. This came after realization that Celestia may be overpaying for security, leading to unnecessary dilution, especially to non-stakers. So what's the proposed solution? 🔷 Reduce inflation immediately by 33% (7.2% -> 4.82%) 🔷 Reduce the annual disinflation rate by 33%, meaning inflation drops slower each year Impact: 🔷 Less forced selling from validators 🔷 Less dilution for holders 🔷 More room for apps to compete with staking 🔷 A long term shift towards sustainable economics Here's an audio breakdown of the proposal!🎧
Celestia is currently drastically overpaying for its security, @MarkoBaricevic_ and I propose reducing the inflation by 33% check out the detailed proposal here:
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@benafisch Has to be someone who can rip off a whiff of smelling salts, and then proceed to break down PoS networks and decentralization
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@binji_x Im shocked more apps aren’t trying to take advantage of some of the huge communities begging for a place to use their tokens
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@anirudh_chohan @jillrgunter @divine_economy @jokerace_io @modularmedia_ @safe I feel like L2s and other communities like Safe would love for someone from their own community to win this contest..maybe so much so that they'll provide their own incentives, or create their own excitement, for their community to participate
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the winning infra teams will shift towards mainly marketing the apps built on their infra + prioritize building a culture
The best infra builders understand apps. The more low-level and general the infra is, the more "polymathic" the founders & leadership team would need to be. Pure tech projects never really end up making impacts on the right apps.
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@0x_rsc @jillrgunter @divine_economy @jokerace_io @modularmedia_ makes it fun gets people using an ethereum app allows people "on the outer circles" to have a voice
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@divine_economy @jillrgunter @jokerace_io @modularmedia_ im sure teams like @BanklessHQ @EspressoSys @therollupco @fluentxyz @AvailProject @SuccinctLabs @OmniFDN, to name a few, would be down
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@jillrgunter @jokerace_io @divine_economy I'm sure at least 10 teams would be willing to put up some funds (as little as $50 even) for an award to the winner + can keep voting fees @modularmedia_ is happy to be one of these teams. @divine_economy
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RT @0xNairolf: (not so) hot take: high-quality crypto content creators don’t get the recognition they deserve
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RT @CelestiaOrg: 1.33MB/s 🦣 8MB blocks are now live on Arabica testnet, enabling 1.33MB/s of permissionless data throughput. Mainnet-read…
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