Discover and read the best of Twitter Threads about #dlt

Most recents (24)

#EUCI, with other 5 organisations and 55 signatories, has written an open letter addressing concerns regarding the #DataAct.

We call on lawmakers to reconsider and clarify certain aspects of it, to ensure neutrality and legal certainty in the #blockchain industry. Image
🟣 Article 2(16)

The current definition of 'Smart Contracts' is broad, and we fear it may lead to unintended consequences for existing #SmartContracts on public #blockchains, such as Ethereum, Avalanche, Cardano, Cosmos, IOTA, NEAR, Chromia, and Polkadot. Image
We propose three alternative solutions to bring more legal clarity:

substituting 'Smart Contract' with 'Digital Contract', clarifying the scope of Article 30, or limiting Article 2(16) to privately operated and permissioned electronic data records.
Read 8 tweets
📢Thread:🧵

Navigating #Crypto #Regulation in the UK 🇬🇧💰🔍

A comprehensive summary of the UK House of Commons Treasury Committee report on government's approach to #cryptoassets & how they plan to balance the scales of innovation and risk. (1/16) #ShitcoinShutdown #DLT Thread on the UK Gov's plan...
2. Shoutout to @MatthewLINY for finding this document that was published May 10 2023. 🤝

In this thread, I am going to summarize some viewpoints of the UK Gov and I will post the document link at the end of the Thread! Lets dig in⏬ #Crypto #DLT #Blockchain Image
3. The Treasury Committee has called for the UK Gov to step up its efforts in regulating #cryptocurrency, amidst rising concerns about risks to consumers.

They advocate for a pragmatic and balanced approach to regulation, recognising the potential of #DLT in financial services. Image
Read 18 tweets
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#DLT #ChainStats 💡 Image
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Become a Chain Guardian, one of the first 100 to validate data on our platform. Instead of just an NFT, it's a registration to join our data validation task force, ensuring accuracy & security. 💪

Earn $STATS as a Chain Guardian, contributing to the growth of our ecosystem! 🔥
Read 4 tweets
Es clave analizar proyectos punteros en tecnología de cara al próximo bullmarket

Una de mis apuestas personales es $AZERO

Hoy os traigo un análisis fundamental de este gran proyecto al completo

Dentro hilo🧵 Image
$AZERO es un proyecto que llevo siguiendo desde que salió a mercado.

Han tenido una gran robustez en bear marker y no han parado de crecer.

INDICE DE TODO LO QUE VAMOS A VER

⬇️⬇️⬇️ Image
Aleph Zero es una blockchain pública que tiene como objetivo resolver el trilema (lo vimos en el hilo de ayer)

1️⃣Emplea un consenso #PoS rotativo para aumentar la #Descentralización.

2️⃣Utiliza 2 tipos de #DLT que la hacen más escalable: #DAG + #Blockchain

3⃣Privacidad… twitter.com/i/web/status/1… Image
Read 25 tweets
[1/12] 🧵 @Conste11ation ( $DAG) is a highly scalable and secure distributed ledger technology (DLT) that achieves zero/low trust interaction platforms, peer-to-peer (P2P) internet overlay protocols, and platform-neutral computation description language. Let's dive in! 🚀
[2/12] 🔐Zero/Low Trust Interaction Platforms (Shared Security):
@Conste11ation creates a shared security environment through its L0 consensus mechanism. L0 allows metagraphs (custom consensus apps) to maintain their own L1 layer while sharing L0 security with the global network.
[3/12] 🌐This shared security model reduces the need for trust as metagraphs inherit the security of the global L0 network. It's similar to Polkadot's shared security model, where parachains share security provided by the relay chain. #cryptocurrency #DAG
Read 16 tweets
1/ 🌟 The future of DLT is all about microtransactions, microprocessing & micropayments. In this thread, we'll explore how @Conste11ation's HGTP & its network of dApps provide the perfect environment for #Web3 development. Let's dive in! 🚀
2/ 💸 Microtransactions: With HGTP, businesses can execute small, high-volume transactions seamlessly. This enables a new level of data monetization, creating fresh revenue streams & enhanced user experiences. #DLT #Microtransactions
3/ 🧠 Microprocessing: HGTP's efficient data processing system enables real-time analytics & decision-making. This empowers businesses to harness the power of data, driving innovation & competitive advantage. #Microprocessing #DataPower
Read 9 tweets
SDK🧵
1/ 🚀 Get ready for the next-gen @Conste11ation SDK! This innovative toolkit enables developers to create distributed applications (dApps) on the Constellation Network that surpass the limitations of traditional smart contracts. Discover new possibilities for #DLT! $DAG 🌠 Image
2/ 🔧 The @Conste11ation SDK provides state channel templates with essential resources, making dApp development more efficient and accessible:

Consensus Logic
Health Check Logic
Communication Protocol
Security Provider
Logging Configurator
Serialization Framework
Plug n Play💪 Image
3/ 🌐 With the SDK, developers can create dApps as independent L1s, running multiple consensus mechanisms. This enables new levels of complexity, scalability, and interoperability, unlocking potential previously unattainable with Ethereum smart contracts! 🔓🚀 Image
Read 10 tweets
[1/🧵] I believe @bob_way has already gone way overboard with #ILP and all the complexities of explaining all that needs to be expressed. ❤️

Still, let me make a few remarks on the following topics 👇
• Infrastructure layers of #ILP
#XRPL Payment Channels
• "Ledger Graphs"
[2/17] — Infrastructure Layers of #Interledger

When it comes to the most recent version of the open #ILPv4 suite in universal mode (high volume, low value payments), the layering is as follows:

1⃣ Application
2⃣ Transport
3⃣ Interledger (Core Layer)
4⃣ Link
5⃣ Ledger
[3/17] — 1⃣ Application Layer —

This is the suite's first layer, and it contains the following protocol:
➡️ #SPSP (Simple Payment Setup Protocol)

📝 This is for #identifiers, which are comparable to email addresses and are used to make addresses readable.
Read 18 tweets
[1/12] To understand what else is needed to create a financial future based on #blockchain technology, just consider what the #Interledger #Protocol was NOT designed to do. 😉

[A #Thread 🧵] Source: https://www.w3.org/2016/07/01-ILP-Update-2016-07-01.
[2/12] 🤔 What problem does #ILP genuinely address?

Just like the #internet will never agree on a single #protocol to fix everything, the world will never agree on a single #blockchain or ledger [#DLT].

What must be resolved is:
🔹 Addressing
🔹 Fragmentation The Interledger
[3/12] ❗️ To make it easy and #ELI5-friendly here is everything in one picture:

When Alice wants to send money to @bob_way, #ILP will perform all the heavy lifting so she doesn't have to worry about #wallet addresses (#PubKeys) and the like. Source: https://www.w3.org/2016/07/01-ILP-Update-2016-07-01.
Read 14 tweets
[1/🧵] — #XRPL (#XRP) vs. @Ripple #CBDC

A short thread comparing and contrasting the #opensource public #decentralized #XRPLedger with #Ripple's private #CBDC Ledger based on XRPL👇 Source: https://www.youtube.com/@xrpledgerfoundation1145
[2/6] ▶️ What do central bankers expect?

#Interoperability — ILP
#Security, #Trust & #Speed — Unregulated
⚠️ #OverlayServices — Hooks and @EvernodeXRPL
#Access and #Inclusion — XRPL-DEX & AMM
#Stability & #Resilience — 10+ years old (XRPL) Source: https://www.youtube.com/@xrpledgerfoundation1145
[3/6] ▶️ Why does it have to be a private solution?

With proven security & all of the #XRPL Tooling at its disposal, the only thing a CB lacks is "control" of the gov. process.

Gov. on the #XRPL is conducted through amendments and voting, which cannot be controlled centrally. Source: https://www.youtube.com/@xrpledgerfoundation1145
Read 8 tweets
1/
Here goes my attempt at being a threadoooor for @cheqd_io (ticker: $cheq). A 🧵

So what is #cheqd and why should it excite you?
It's become a commonly known truth that in the age of Web2 - WE are the product. Our data is held by companies the companies we interact with online, ostensibly for KYC purposes.

It's expensive to hold and keep secure and makes for crappy UX for users.
This data is often misused, sold or simply lost by the companies holding it, creating huge issues for users

Laughing man explains the struggles here:

Read 16 tweets
[1/🧵] Is this you? 🤨

• Holder of #XRP since December 2020
• Has never heard of $FLR before (Hello, #Spark?)
• Has no idea what the fuss is all about
• Slept under a rock for two years

Allow me to bring you up to speed w/ this crash course on @FlareNetworks and $FLR. 🧵👇 Source: https://timestabloid.com/flare-ceo-updates-xrp-holde
[2/20] If you've been following this topic, you'll recall that there was once a #XRPL snapshot:

• 12th December 2020, 00:00 UTC
#XRP Ledger index 60,155,580
. . . Source: https://xrpscan.com/ledger/60155580
[3/20] . . .

You may recall that you had to claim your #Spark coins by providing your #EVM-based $FLR address in the message key field of your #XRPL account.

→ claim period expired on #XRPLedger index 64,204,315
→ Message could be changed until 11th June 2021, 23:59 UTC
. . . Source: https://xrpscan.com/ledger/64204315
Read 22 tweets
Finally, @hus_qy joined the @MoonacoPodcast! 🎉

I summarized the 70 min interview for you.

What is crucial for the success of #IOTA?
When to expect a Coordicide-MVP?

(1/17) 🧵👇
Before joining the IOTA Foundation (IF), Hans ran an online business, which accepted crypto as payments.

In 2017, Bitcoin became popular and its transaction fees rose. So, it did not make sense to accept BTC payments anymore.

2/17
Looking for alternatives, Hans discovered IOTA. He talked to CfB. Hans was impressed by the underlying idea of the protocol. So, he became part of the community.

In 2018, Hans joined the IF to fix the existing tech problems.

3/17
Read 17 tweets
[1/🧵] #XRPLedger's Green ♻️ Agenda 2030 — Part 2/2

#XRPL, the leading and first prominent #DLT to achieve 💚 carbon neutrality 💚

Part 2 of this series will teach you all you need to know about the #eco-friendliness of #XRP, the digital asset. 🧵👇 Original Source: https://www.xrparcade.com/what-is-xrp/
[2/26] ⚠️ IMPORTANT NOTICE!

This is typically a heated topic. That is why I will do my best to be neutral, clear, and factual. Expect no guesstimates or personal opinions on this subject.

Everything is stated exactly as it is! Source: https://www.asap.nl/wp-content/uploads/2020/03/Discl
[3/26] If you haven't already, I highly recommend reading part 1 of this lengthy series to get a feeling of the magnitude of the undertaking that @Ripple is leading in this domain with the help of the #XRPL. 👇

Read 28 tweets
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 1/ As things currently stand, no obvious winner has been elected.

However, the following should be noted:
• The majority of BIS research initiatives allude to a future DLT architecture.
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 2/ . . .

• Prefunding (nostro/vostro) may only be handled by utilizing a decentralized trustless blockchain such as #XRP (used by Ripple), #XDC (used by XinFin/R3), #ETH (used by ConsenSys), or #XLM (used by Stellar)
. . .
@Michael30339531 @sentosumosaba @ConsenSys @stedas @Ripple 3/ . . .

• In my perspective, numerous #RTGS (such as #RippleNet) will compete and eventually be compatible with one another.
. . .
Read 6 tweets
[1/🧵] I've been reading a lot about #XRPL #scalability recently.

Let me quickly go through how #XRPL performs and #scales on these metrics:

▶️ Scale up "vertically"
▶️ Scale out "horizontally"
▶️ High volume & High value TX
▶️ High value & Low speed Source: https://ripple.com/insights/building-a-more-sustaina
[2/17] 👉 Asynchronous TX speed—Scale up "vertically"

In contrast to #DAG-based systems, which operate in "chaotic order" and execute transactions in parallel, the #XRPL validates transactions in canonical transaction order—one Ledger at a time.

🔗 bitcoin.stackexchange.com/questions/7857…
. . .
[3/17] . . .

❓ The approach for #DLT/#Blockchain-based systems such as #XRPL:
☑️ "Payment Channels"

🧐 It's a sophisticated feature for transmitting "asynchronous" #XRP #payments that may be broken into extremely small amounts and paid in total order afterwards.
. . . Source: https://ripple.com/insights/amendments-ensuring-sens
Read 19 tweets
@sentosumosaba 1/🧵 I'm not sure if the news is worrisome in any form.
In fact, you are accurate (as always 😉) that the #XRPL will not possess ALL THE MONEY, but it will be #interoperable with and #interconnected to ALL THE MONEY.

Here's some background: 👇
@sentosumosaba 2/ #Partior is built on the private #permissioned #Ethereum-based @ConsenSys #Quorum #blockchain, which contributes to fragmentation rather than consolidation.
. . .
@sentosumosaba @ConsenSys 3/ . . .

For this reason alone, it is far inferior to payment settlement alternatives such as #ILP+#XRPL, which are open and #interoperability friendly. Source: https://consensys.n...
Read 15 tweets
@bob_way 1/ First and probably most important, I want to express my appreciation.

Talking about #anonymity and #privacy appears to be becoming increasingly frowned upon. Seeing your open and refreshing ideas on the subject definitely helped me open my eyes even further.
. . .
@bob_way 2/ . . .
As you have already indicated, we must first educate people on the distinction between #anonymity and #privacy.

Most individuals do not fully comprehend #cash and the challenges surrounding its "disposal".
. . .
@bob_way 3/ . . .
As you pointed out, we do not have #anonymity when purchasing a beer in a bar, but because the cashier will only print a receipt and will not send any personal informations about my nightly activities back to the government or any other company,
. . .
Read 10 tweets
Recently I have been asked by many to explain what @Fetch_ai actually does so I thought I would do a series of threads in a very simple and understandable way. I don’t do very long threads so bear with me while I try this.
I would also like to give you a bit of context as to why we do what we do. Our mission has been largely driven by fulfilling the original promise of the internet to deliver true informational and financial decentralization.
Web2 morphed into new centralized tech behemoths who wield asymmetric power. A good concept to read on what is broken about Web2 is ‘Intention Economy’ coined by @dsearls here is a link en.wikipedia.org/wiki/Intention…
Read 17 tweets
@WKahneman 1/ Certainly one of the finest tedious rants I've heard in a long time 😉

But let me add a few more facts to your fantastic thread:
🧵👇
@WKahneman 2/ First and foremost, if you're looking for a quick way to find the first or oldest commit, often known as changes to the repository, ever recorded on XRPLF/rippled, here it is: 👇

github.com/XRPLF/rippled/…
@WKahneman 3/ You can see when the #XRPL was initially built, who was involved in the early stages, what issues were addressed, and what improvements were implemented at what point in time. 🧐
Read 16 tweets
Crypto Has A Bad Name Because:

1. 99% of #DLT Tokens Are Scams W/ No Utility🚨
2. 79% of Crypto Influencers Are💰Motivated & Invest On Hype
3. Mainstream Media Says It's💩

This Should NOT Distract You From The Technology Transformation Currently Taking Place.
-A 🧵 of Threads- Image
I hope you can set some time aside to research!

I donated 5 hours to create this🧵to help others see topics around new era technology. 🧠

As I am tired of Mainstream Media covering up important things around the future of our global monetary system.
Image
Image
1. Research Technology & DLT Projects With Real🌎Utility
Not Up Hyped Meme Coins ⛓

The content I cover is:
• CBDC's
• Crypto
• IoT + IoV
• Big Data
• Payments
• Innovation
• Paperless Trade
• DLT Interoperability
• Payment infrastructure
• Industry 4.0 Technology Image
Read 48 tweets
#Luxembourg is years ahead in regulation for blockchain adoption.

Could #Luxembourg country become the key to massive adoption? A 🧵

Must read article #QNT $QNT
quant.network/events/luxembo…
#Luxembourg has been actively working on Blockchain adoption and on it's way to pave the road for other countries to adopt similar legislature.

Luxembourg is 47 times smaller than New York City. Its GDP per capita is 115k dollars. It is one of the highest in the world. https://medium.datadrivenin...
The #Blockchain II Act 2021 provides legislature to allow use of #DLT's to settle fungible securities.

allenovery.com/en-gb/global/n…
Read 14 tweets
[1/20] John Orchard (CEO, @OMFIF) spricht in diesem gerade einmal 4 Monate alten Video über die Zukunft von #Blockchain, #NFTs und #Web3.

In diesem 🧵 fasse ich zusammen, welche spannenden Rückschlüsse gezogen werden und was die Zukunft für uns alle bereithält. 👀 WSI OMFIF Wealth Strategy Institute How a digital world will
[2/20] Das erste Statement, gleich zu Beginn der Sitzung brachte mich zum Schmunzeln. 😉

Nach über 2 Jahren der Diskussionen und des Research zu #CBDCs, wissen die meisten #Zentralbanken bis heute immer noch nicht was sie tun sollen.
[3/20] Danach startet Stefan Edelmann (@sygnumofficial) in das Gespräch mit einer Übersicht der Investmentmöglichkeiten im #DLT Bereich, die aus seiner Sicht existieren:

• Der technologische Layer / Das Fundament als neues digitales #Asset Universum (Nicht die Währung)
Read 22 tweets

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