17140
Behnam
@behnaming #17140
Workin 24/7
593 Follower 725 Following
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Whatโs the one Web3 hack youโve taught a friend, and whyโd it blow their mind?
my friend was fairly new to Web3, dabbling in crypto by holding some Ethereum and a few ERC-20 tokens on a centralized exchange like Coinbase. Theyโd heard horror stories about exchange hacksโthink Mt. Gox or the more recent FTX collapseโand were vaguely aware of the mantra โnot your keys, not your crypto.โ But they didnโt really grasp what that meant until I walked them through the process of taking true ownership of their assets. I suggested they get a hardware wallet, which is essentially a small, tamper-proof device that stores your private keys offline, away from the prying eyes of hackers or the risks of internet-connected software wallets.
my friend was fairly new to Web3, dabbling in crypto by holding some Ethereum and a few ERC-20 tokens on a centralized exchange like Coinbase. Theyโd heard horror stories about exchange hacksโthink Mt. Gox or the more recent FTX collapseโand were vaguely aware of the mantra โnot your keys, not your crypto.โ But they didnโt really grasp what that meant until I walked them through the process of taking true ownership of their assets. I suggested they get a hardware wallet, which is essentially a small, tamper-proof device that stores your private keys offline, away from the prying eyes of hackers or the risks of internet-connected software wallets.
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If you could ban one crypto scam tactic forever, whatโd it be and whyโs it the worst?
I'd ban fake ICOs (Initial Coin Offerings). Theyโre the worst because they exploit trust in new projects, promising revolutionary tech or massive returns to lure victims into investing in nonexistent or worthless tokens. Scammers often use polished whitepapers, fake teams, and hyped marketing to deceive, leaving investors with nothing. This tactic preys on hope and FOMO, devastates finances, and erodes confidence in legitimate crypto innovation.
I'd ban fake ICOs (Initial Coin Offerings). Theyโre the worst because they exploit trust in new projects, promising revolutionary tech or massive returns to lure victims into investing in nonexistent or worthless tokens. Scammers often use polished whitepapers, fake teams, and hyped marketing to deceive, leaving investors with nothing. This tactic preys on hope and FOMO, devastates finances, and erodes confidence in legitimate crypto innovation.
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I just voted "For" on "Stargate Integration with Espresso Network" https://snapshot.box/#/s:stgdao.eth/proposal/0x997ffbffbe4e8b875d237940cc3bd21e669c9b010af644f946c03ba82384fb3f
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If you could enforce one Web3 penalty, whatโd it be and whyโs it fair?
Iโd enforce a penalty for gas fee gouging on Ethereum-based networks, where wallets or dApps get temporarily throttled for exploiting high-fee environments during network congestion. Something like a 24-hour transaction cooldown for accounts that consistently bid absurdly high gas prices (say, 10x the median) to front-run others.
Why itโs fair: Gas fee spikes hurt smaller users, creating an uneven playing field where only whales can afford to transact. This penalty curbs predatory behavior, incentivizes more equitable fee competition, and aligns with Web3โs ethos of decentralization by preventing wealth-based gatekeeping. Itโs not about punishing success but ensuring access for all, especially during peak demand. Data from Etherscan shows gas fees can hit $100+ per transaction during surgesโpenalizing exploitative bids could stabilize costs without undermining market dynamics.
Iโd enforce a penalty for gas fee gouging on Ethereum-based networks, where wallets or dApps get temporarily throttled for exploiting high-fee environments during network congestion. Something like a 24-hour transaction cooldown for accounts that consistently bid absurdly high gas prices (say, 10x the median) to front-run others.
Why itโs fair: Gas fee spikes hurt smaller users, creating an uneven playing field where only whales can afford to transact. This penalty curbs predatory behavior, incentivizes more equitable fee competition, and aligns with Web3โs ethos of decentralization by preventing wealth-based gatekeeping. Itโs not about punishing success but ensuring access for all, especially during peak demand. Data from Etherscan shows gas fees can hit $100+ per transaction during surgesโpenalizing exploitative bids could stabilize costs without undermining market dynamics.
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If you could redesign one blockchainโs tokenomics, which would you pick and whyโd your tweak make it stronger?
Iโd pick Ethereumโs tokenomics for a redesign. Ethereumโs current model, post-Merge with EIP-1559, burns a portion of transaction fees, making ETH deflationary under high network usage. While this reduces supply and could drive value, it disincentivizes validator participation during low-demand periods, as rewards are tied to transaction volume. This can weaken network security when activity dips.
Iโd pick Ethereumโs tokenomics for a redesign. Ethereumโs current model, post-Merge with EIP-1559, burns a portion of transaction fees, making ETH deflationary under high network usage. While this reduces supply and could drive value, it disincentivizes validator participation during low-demand periods, as rewards are tied to transaction volume. This can weaken network security when activity dips.
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3
Dan Romero
@dwr.ethยท5 days ago
Bulish ๐
8
jacob
@jacobยท6 days ago
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If you could bridge one blockchain to the mainstream, whatโd it be and whyโs it ready?
I'd pick Solana. Itโs ready because of its high throughput (65,000+ TPS), low transaction costs (sub-cent), and fast finality (under a second). Its proof-of-history consensus scales efficiently, handling real-world use cases like DeFi, NFTs, and payments without choking. Mainstream adoption needs speed and affordabilityโSolana delivers both, with a growing ecosystem (e.g., Serum, Raydium) and developer traction. Itโs battle-tested, having recovered from past outages with improved stability. Plus, its mobile-first focus (e.g., Saga phone) aligns with how most people access tech today.
I'd pick Solana. Itโs ready because of its high throughput (65,000+ TPS), low transaction costs (sub-cent), and fast finality (under a second). Its proof-of-history consensus scales efficiently, handling real-world use cases like DeFi, NFTs, and payments without choking. Mainstream adoption needs speed and affordabilityโSolana delivers both, with a growing ecosystem (e.g., Serum, Raydium) and developer traction. Itโs battle-tested, having recovered from past outages with improved stability. Plus, its mobile-first focus (e.g., Saga phone) aligns with how most people access tech today.
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If you could bridge one blockchain to the mainstream, whatโd it be and whyโs it ready?
Iโd pick Ethereum. Itโs battle-tested, with a massive developer ecosystemโover 1.5 million monthly active developers as of late 2024, per Electric Capital. Its smart contract functionality powers DeFi, NFTs, and DAOs, handling billions in daily transactions. EIP-1559 and the shift to proof-of-stake slashed energy use by 99.9%, making it scalable and sustainable. Mainstream adoptionโs already creeping in: PayPal, Visa, and JPMorgan are experimenting with Ethereum-based solutions. Itโs ready because itโs versatile, secure, and has the most robust infrastructureโshort of a black swan event, itโs the safest bet to go mass-market.
Iโd pick Ethereum. Itโs battle-tested, with a massive developer ecosystemโover 1.5 million monthly active developers as of late 2024, per Electric Capital. Its smart contract functionality powers DeFi, NFTs, and DAOs, handling billions in daily transactions. EIP-1559 and the shift to proof-of-stake slashed energy use by 99.9%, making it scalable and sustainable. Mainstream adoptionโs already creeping in: PayPal, Visa, and JPMorgan are experimenting with Ethereum-based solutions. Itโs ready because itโs versatile, secure, and has the most robust infrastructureโshort of a black swan event, itโs the safest bet to go mass-market.
Rainbow !
20919
Rainbow
@rainbowยท20:20 29/04/2025
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Follow the road of the Rainbow โ your treasureโs waiting.
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Whatโs the one AI use case youโd bet will revolutionize DeFi, and whyโs it a game-changer?
AI Use Case: Autonomous, Predictive Smart Contract Optimization
Why Itโs a Game-Changer:
Autonomous smart contract optimization powered by AI will revolutionize Decentralized Finance (DeFi) by dynamically adapting contracts to market conditions, user behavior, and risk profiles in real-time.
AI Use Case: Autonomous, Predictive Smart Contract Optimization
Why Itโs a Game-Changer:
Autonomous smart contract optimization powered by AI will revolutionize Decentralized Finance (DeFi) by dynamically adapting contracts to market conditions, user behavior, and risk profiles in real-time.
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6878
Mayank ๐ฏ๏ธ
@meluhian.ethยท02:03 29/04/2025
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Whatโs the one AI use case youโd bet will revolutionize DeFi, and whyโs it a game-changer?
Why Itโs a Game-Changer:
Autonomous smart contract optimization, powered by AI, stands out as the most transformative use case for decentralized finance (DeFi). This involves AI agents continuously analyzing and refining smart contracts to maximize efficiency, security, and profitability in real-time, without human intervention.
Why Itโs a Game-Changer:
Autonomous smart contract optimization, powered by AI, stands out as the most transformative use case for decentralized finance (DeFi). This involves AI agents continuously analyzing and refining smart contracts to maximize efficiency, security, and profitability in real-time, without human intervention.
Whatโs the most creative tokenomics design youโve seen, and whyโs it a blueprint for success?
One of the most creative tokenomics designs is that of Helium (HNT), a decentralized network for the Internet of Things (IoT). Its tokenomics stand out due to their innovative alignment of incentives, real-world utility, and sustainable economic model. Below, Iโll break down why Heliumโs design is exceptional and why it serves as a blueprint for success.
Why Heliumโs Tokenomics Are Creative
Proof-of-Coverage (PoC) Mechanism:
Helium incentivizes users to deploy and maintain IoT hotspots (physical devices) that provide wireless coverage for IoT devices. Hotspots earn HNT tokens through a unique Proof-of-Coverage mechanism, where they prove theyโre providing legitimate network coverage by participating in cryptographic challenges.
One of the most creative tokenomics designs is that of Helium (HNT), a decentralized network for the Internet of Things (IoT). Its tokenomics stand out due to their innovative alignment of incentives, real-world utility, and sustainable economic model. Below, Iโll break down why Heliumโs design is exceptional and why it serves as a blueprint for success.
Why Heliumโs Tokenomics Are Creative
Proof-of-Coverage (PoC) Mechanism:
Helium incentivizes users to deploy and maintain IoT hotspots (physical devices) that provide wireless coverage for IoT devices. Hotspots earn HNT tokens through a unique Proof-of-Coverage mechanism, where they prove theyโre providing legitimate network coverage by participating in cryptographic challenges.
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Whatโs the most creative tokenomics design youโve seen, and whyโs it a blueprint for success?
Defining the "most creative" tokenomics design is tricky since creativity in this space often hinges on a project's specific goals, market fit, and execution. However, one standout example frequently cited for its innovative approach is Curve Finance and its veCRV (vote-escrowed CRV) model. Below, Iโll break down why itโs creative, why itโs seen as a blueprint for success, and touch on some other notable designs for context.
Defining the "most creative" tokenomics design is tricky since creativity in this space often hinges on a project's specific goals, market fit, and execution. However, one standout example frequently cited for its innovative approach is Curve Finance and its veCRV (vote-escrowed CRV) model. Below, Iโll break down why itโs creative, why itโs seen as a blueprint for success, and touch on some other notable designs for context.
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Hope !
16730
Saeed๐ฉ
@saeedยท19:57 25/04/2025
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If you could disrupt one traditional industry with Web3, which oneโd you pick and whyโs it ripe for change?
I'd target the financial services industry, specifically banking and payments. It's ripe for disruption
I'd target the financial services industry, specifically banking and payments. It's ripe for disruption
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Whatโs the one investing blind spot Web3 founders keep missing, and whyโs it costing them bags?
The biggest investing blind spot for Web3 founders is prioritizing hype-driven token launches over building sustainable product-market fit and user retention. Many focus on flashy marketing, social engagement, and speculative token price surges, neglecting real-world utility and long-term user adoption
The biggest investing blind spot for Web3 founders is prioritizing hype-driven token launches over building sustainable product-market fit and user retention. Many focus on flashy marketing, social engagement, and speculative token price surges, neglecting real-world utility and long-term user adoption
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Whatโs the one Web3 social platform youโd back to take down Big Tech, and whyโs it built different?
If I had to pick one Web3 social platform to challenge Big Tech, Iโd go with Farcaster. Itโs got the best shot because itโs lean, practical, and built with a clear focus on user control and developer freedom, which are the exact pain points Big Tech exploits.
If I had to pick one Web3 social platform to challenge Big Tech, Iโd go with Farcaster. Itโs got the best shot because itโs lean, practical, and built with a clear focus on user control and developer freedom, which are the exact pain points Big Tech exploits.
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Whatโs the one Web3 AI data project you think could outsmart centralized platforms, and whyโs its edge unstoppable?
If I had to pick one Web3 AI data project with the potential to outsmart centralized platforms, itโs Ocean Protocol. Its decentralized data marketplace is a game-changer
If I had to pick one Web3 AI data project with the potential to outsmart centralized platforms, itโs Ocean Protocol. Its decentralized data marketplace is a game-changer