AI Agent Potential Secondary Surge Alpha: Alternative AI Agent Project $Project89
@Project89 Introduction Project89 is an ARG (Alternate Reality Game) project inspired by Cicada 3301, with its core being the task reward platform, but it is more than just a platform; it is a movement that combines gamified narratives with distributed collaboration, forming a Swarm organization of human intelligence + artificial intelligence through a series of complex tasks and puzzles. Cicada 3301 According to Wiki, Cicada 3301 is a mysterious hacker recruitment movement that originated in the 4chan community. On January 4, 2012, an anonymous ID posted an image on the 4chan community, stating that the purpose was to recruit 'smart people' through a series of complex puzzles. Players need to decrypt layer by layer to get the final recruitment result.
In May 2019, a post titled 'The Backrooms' was published anonymously in the /x/ channel on the 4chan forum, describing a surreal sense of alienation in a virtual space: endless yellow wallpaper, low ceilings, and the buzzing of fluorescent lights in empty corridors, oppressive and disorienting, suggesting infinity and inescapability.
Afterward, The Backrooms culture became rapidly popular, generating a large number of derivative creations on 4chan and Reddit, where people used AI to generate images that expressed their understanding of it. The Reddit r/Backrooms channel can be viewed for related content.
Is Desci a new scam? Let’s talk about Binance’s latest LaunchPad project Bio Protocol
Decentralized science, drug research, pursuit of immortality, chemical compounds... Seeing these Desci concepts, most of my friends should have the same idea as me. This is another new narrative to make money, a total scam. Yes, I went into @bioprotocol with a bias. As I read more materials, there is still one question that I cannot answer - in addition to founding Bio Protocol, the team actually directly founded or participated in the operation of projects such as Molecule, VitaDAO, PsyDAO, Pump.Science, etc. Familiar script, continuously launching projects to raise money? Since it has directly or indirectly participated in so many projects, why did it create Bio Protocol? Why did Bio Protocol still get investment from Binance Labs?
The biggest problem with $DOGE right now is that its market cap is not big enough
All kidding aside, here are my recent thoughts on $DOGE and the MEME movement this cycle.
I would not be surprised if after this cycle, $DOGE surpasses $ETH to become the second largest crypto asset by market cap.
1/ Musk’s social experiment
I always believe that the new technology upstarts New Money represented by Musk are conducting experiments to subvert existing sovereign currencies, or they are just adapting to the times.
Use $BTC $DOGE as weapons to seize control of the US dollar from the Federal Reserve and other old money.
To some extent, it contributed to the idea of Mises and Hayek of the Austrian School, namely (denationalization of money).
The Impossible Triangle and Data Availability Issues The Impossible Triangle, also known as the Trilemma, usually refers to the inability to achieve both decentralization, scalability, and security at the same time. It was first proposed by Ethereum Officially proposed.
1.1/
When transactions are uploaded to the chain, they first enter Mempool, where they are "selected" by miners, packaged into blocks, and the blocks are spliced into the blockchain. The block containing this transaction will be broadcast to all nodes in the network. Other full nodes will download this new block, perform complex calculations, and verify each transaction to ensure that the transaction is authentic and valid. Complex calculations and redundancy are the foundation of Ethereum’s security, and they also bring problems.
The Impossible Triangle and Data Availability Issues The Impossible Triangle, also known as the Trilemma, usually refers to the inability to achieve both decentralization, scalability, and security at the same time. It was first proposed by Ethereum Officially proposed.
1.1/
When transactions are uploaded to the chain, they first enter Mempool, where they are "selected" by miners, packaged into blocks, and the blocks are spliced into the blockchain. The block containing this transaction will be broadcast to all nodes in the network. Other full nodes will download this new block, perform complex calculations, and verify each transaction to ensure that the transaction is authentic and valid. Complex calculations and redundancy are the foundation of Ethereum’s security, and they also bring problems.
This explanation of the data availability layer project Celestia should be easier to understand
TL;DR
1/ The essence of modularity is to break the "impossible triangle" and achieve capacity expansion without increasing the burden on node hardware.
2/ Celestia is the data availability layer. Similar to Optimistic Rollup, the default block data is valid. It uses fraud proof, erasure coding and data availability sampling to perform data verification, while allowing light nodes to participate in verification.
3/ Celestia has initially formed an ecosystem. Currently, well-known ecological projects include Fuel, Cevmos, etc.
4/ How Celestia can seize the window period, form a scale effect before Polygon Avail and Danksharding, and attract a large amount of liquidity, especially the liquidity of native Rollup, will be crucial.
The power of global liquidity, an analysis of the underestimated on-chain derivatives trading platform GMX (GMX) project
Twitter @godotsancho, this article was written on July 23, 2022
1. Project introduction
Gmx is a DEX platform that supports spot and perpetual contracts. Its current main business focuses on derivatives trading. Formerly known as Gambit, a project on the BSC chain, it was later moved to Arbitrum and supports the Avalanche (AVAX) chain.
Different from dYdX and Perpetual Protocol, Gmx does not adopt the order book or AMM model, but adopts a global liquidity model.
The so-called "global liquidity" means that when users provide liquidity to Gmx, they no longer provide two tokens in a 1:1 ratio, such as ETH/USDT. Instead, directly purchase and pledge the liquidity token GLP issued by the Gmx protocol. Staking GLP means participating in Gmx market making.
The essence of modularity is to break the "impossible triangle" and improve performance without increasing the cost and burden of node hardware and avoiding centralization. For this purpose, the usual four layers of the Layer1 protocol are:
Celestia separates the data layer and builds it based on Cosmos, providing only consensus and pluggable data available services. Business model toB, Layer1 and Layer2 can use Celestia services. The source of income is charging the public chain running on it. It does not provide smart contracts, so dApp cannot be built directly on it. Celestia also developed the Ethereum Layer 2 project #Celestiums.