Elixir is an innovative DeFi platform that combines advanced algorithmic market making techniques with decentralized infrastructure, providing efficient and robust liquidity for digital assets. 🌟 2/ 🔍 Overview The Elixir platform aims to improve the efficiency and liquidity of decentralized markets using sophisticated algorithms and a well-integrated ecosystem of validators and participants.#DeFi#Crypto 3/ 🛠️ Technical Architecture Elixir's technical architecture is comprised of several essential components, including validators, market making algorithms, and auditing mechanisms, all operating on a decentralized infrastructure. Learn more: https://docs.elixir.xyz/technical-architecture
1/ 🧵 Introduction- Here are the latest and most exciting updates about StarkNet for July 2024! 🌐🔗 -------------------------------------------------------------------------------------------------- 2/ 🌟 StarkNet 2024 Roadmap and Updates - StarkNet released its updated roadmap for 2024, focusing on network efficiency and reducing transaction costs.
- Highlights include a 50% reduction in Cairo step/builtin costs and a 10% reduction in L1 data availability costs. The introduction of v3 transactions will allow users to pay fees with the STRK token and include a fee market to optimize transactions during periods of congestion (Blockchain News).
Thread: What is account abstraction and how does StarkNet implement it?
1/ Account Abstraction is a concept that aims to separate the transaction validation logic from conventional blockchain accounts, offering greater flexibility and security. #Crypto #Blockchain 2/ Instead of relying on accounts managed by private keys (EOA), account abstraction allows smart contracts to manage transaction authentication and execution. This brings several benefits. 3/ A @StarkNet is at the forefront of this innovation, offering accounts that support account abstraction natively. This eliminates dependence on traditional OAEs and expands the possibilities. #StarkNet #DeFi
Some bullish data about @Starknet that few people have noticed, come with me 👇
1st TVL Rising 800% - Even after the airdrop, @Starknet with its incentive program was able to maintain and even attract more audiences to its network, it is following what arbitrum did and growing a lot with it.
2nd Defi spring For those who don't know, the 2nd campaign is underway and will distribute 90 million $STRK tokens, almost twice as many tokens as in season 1.
3° Very strong new projects @Nimbora_ + @vesuxyz Besides, with Nimb you farm @puffer_finance, @ether_fi, @eigenlayer all of this + farm $NIMB + $STRK, can you complain about that?
4th @Ledger arrives at @Starknet with the help of @argentHQ
5th Fee cost
- One of the people's complaints was the rates and today we see the rates equal to the @base rates.
6th Bullish data after airdrop - Tvl, higher dex volume than at the time of the airdrop and pre season1 - Daily Txs very similar at the time (beginning of the year).
7th Staking coming.
- The other L2 didn't even worry about this, so we have to see that @StarkWareLtd is focusing a lot on its network.
8th Projects that use Cairo technology from #starnetdefi 1st @MadaraStarknet 2nd @KakarotZkEvm
Thread: Comparison between Cairo and other EVMs - Why Cairo is Superior
1/🧵Introduction - Let's explore how the Cairo programming language, used in @Starknet, compares to traditional EVMs (Ethereum Virtual Machines) and why it is a superior choice for many blockchain use cases.
2/🌐Compute Efficiency and Scalability
Cairo: Uses STARKs (Scalable Transparent Arguments of Knowledge) to process off-chain transactions. This allows for massive scalability as only the cryptographic proof is submitted on-chain.
Traditional EVMs: All transactions are executed on-chain, limiting scalability due to the need for each node to process all transactions.
Thread explaining how @KakarotZkEvm differs from other zkEVMS thanks to the @Starknet kit. ( part 2 )
5. Native Account Abstraction
- Kakarot zkEVM supports native account abstraction, allowing the implementation of advanced functionality such as multisig accounts and other complex account types directly in the EVM layer, which may not be as easy in other zkEVMs (Kakarot zkEVM).
6. Full Ethereum Compatibility
- Kakarot zkEVM is fully compatible with EVM, allowing anything that works on Ethereum to work on Kakarot without modifications. This includes smart contracts written in Solidity or Vyper and the use of tools like Metamask, Foundry, and Hardhat.
7. Starknet Community Support
- Kakarot benefits from robust support from the Starknet community, which includes experienced developers and a vast network of resources. This facilitates problem solving, implementation of new features and provides a richer and more collaborative development environment.
Summary (TL;DR)
- Kakarot zkEVM's differentiators include its implementation in Cairo, the use of STARK proofs, flexibility for Ethereum upgrades, an efficient modular architecture, support for native account abstraction, full compatibility with Ethereum, and strong community support. These factors make Kakarot zkEVM a unique and advanced solution compared to other zkEVMs in the blockchain ecosystem.
Thread explaining how @KakarotZkEvm differs from other zkEVMS thanks to the @Starknet kit.
The Kakarot zkEVM has several differentiators compared to other zkEVMs, making it a unique and innovative solution in the Ethereum scalability space. Here are the main differentiators:
1. Implementation in Cairo
- Kakarot zkEVM is developed using the Cairo language, a programming language specific to zero-knowledge domains. Cairo is Turing-complete and allows the creation of STARK proofs, which are highly secure and efficient. Other zkEVMs often utilize specific circuitry that may be less flexible and more difficult to maintain
2. STARK Execution Trials
- Kakarot uses STARKs (Scalable Transparent ARguments of Knowledge) to generate verifiable proofs of execution. STARKs do not require a trusted configuration and offer security against quantum attacks, which is a significant advantage in terms of security and scalability compared to other zkEVMs that can use SNARKs.
3. Flexibility and Sustainability
-Due to its implementation in Cairo, Kakarot is more flexible and can easily adapt to new updates and hard forks of Ethereum. This is in contrast to other zkEVMs that may have difficulty adapting to new EVM versions due to the dependence on specific circuitry for each version (Kakarot zkEVM).
4. Modular Architecture
- Kakarot has a modular architecture where transactions are executed on an EVM core on top of CairoVM. This enables more efficient data parallelization and modularity, improving the scalability and overall performance of the network (Kakarot zkEVM) .
5. Native Account Abstraction
- Kakarot zkEVM supports native account abstraction, allowing the implementation of advanced functionality such as multisig accounts and other complex account types directly in the EVM layer, which may not be as easy in other zkEVMs (Kakarot zkEVM).
1/ 🧵 Let's explore how Kakarot zkEVM benefits from using Starknet technology. Spoiler: it's a powerful combination!🚀
2/ Innovative Technological Stack
- Kakarot uses the Starknet stack, which includes CairoVM and StarknetOS. - This highly tested base ensures safety and reliability.📈🔒
3/ Evidence of Probable Execution
- Starknet allows the generation of proofs of probable execution using STARKs. - This increases the security and integrity of transactions on Kakarot zkEVM.🛡️
4/ Performance and Scalability
- Transactions are processed outside of the Ethereum main chain and only STARK proofs are submitted to Ethereum L1, reducing load and costs.💰⚡
5/ Native Account Abstraction
- Kakarot zkEVM can implement native account abstraction, allowing you to add new functionality efficiently and without hassle.🔄
6/ Adapting to Ethereum Updates
- With its flexible architecture, Kakarot zkEVM tracks all Ethereum updates from day one, minimizing EVM fragmentation. 🌐
7/ Community and Support
- Starknet has a robust community and strong support, helping Kakarot developers resolve issues and discuss new features.🤝👥
8/ Scalability Benefits
- Kakarot's modular architecture enables data parallelization and modularity, further improving network scalability and performance.🔄📊
9/ Continuous Innovation
- Kakarot is designed to be at the forefront of innovations, continually leveraging improvements to the Cairo stack and new EVM functionality.🚀✨
10/ Summary
Using Starknet, Kakarot zkEVM combines security, scalability, innovation and strong community support to improve Ethereum.🔗✨ #Kakarot#zkEVM#Starknet#Ethereum#Blockchain#Scalability #starknetdefi
- Guys, I mint at $ZORA EVERY Monday and as I already mentioned I only mint commemorative NFTS for large projects. - Farcaster users have already won 2 large airdrops. - Cost $2.70
Link to mint: https:// zora. co/collect/zora:0xc86340bf9b348e83b655b0b4762c11e247eda7b5/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9
- Hey guys, I'm starting a painting in which I want to better explain how projects work and to start I chose to talk about @Starknet #starknetdefi
- Then follow me and follow me 👇🧶
1/🌐 What is StarkNet?
- StarkNet is a second layer solution for Ethereum that uses STARKs (Scalable Transparent ARguments of Knowledge) technology to improve the scalability and security of transactions on the blockchain.
- developed by StarkWare. Uses zero-knowledge tests
2/ 🔍What are STARKs?
- STARKs are a form of zero-knowledge proof that allows you to verify the validity of a transaction without revealing sensitive data.
- They are transparent (do not require reliable initial setup), scalable and secure against quantum computing attacks.
3/📈Scalability
- STARKs allow thousands of transactions to be grouped into a single proof. This proof is then verified at layer 1 of Ethereum.
- This increases the network's processing capacity and drastically reduces transaction fees.
4/🔐Security
- STARK technology uses hashing and encoding functions to create evidence that is extremely difficult to falsify.
- Additionally, quantum computing resistance makes STARK proofs secure in the long term, protecting against future technological advances in cryptography.
5/🌟Transparency
- Unlike zk-SNARKs, STARKs do not require a trusted initial setup, known as "trusted setup".
- This eliminates a potential point of failure and increases network transparency and security.
If you liked it, leave a like and comment so I can post part 2.
Study time, let's learn more about: Zero-knowledge technology (or zero-knowledge, ZK)
is a cryptographic technique that allows one party to prove to another that a statement is true, without revealing any additional information beyond the truth of the statement itself. In the context of cryptocurrencies, ZK-proofs (zero-knowledge proofs) are used to increase the privacy and security of transactions. There are different types of ZK-proofs, such as zk-SNARKs (Succinct Non-interactive Arguments of Knowledge) and zk-STARKs (Scalable Transparent ARguments of Knowledge), which are applied in various cryptocurrencies and blockchain platforms to enable private transactions and verification. efficient. A notable example of using this technology is Zcash, a cryptocurrency that implements zk-SNARKs to enable completely anonymous and secure transactions. Additionally, platforms like Ethereum are exploring the use of ZK-proofs to improve the scalability and privacy of smart contracts.
What is Web3? Web3 is the decentralized internet. It makes no sense to discuss Web3 without mentioning decentralization. The Impossible Triangle Premise When we talk about decentralization, blockchain is indispensable. However, there is the blockchain trilemma: decentralization, scalability and security cannot be achieved simultaneously. Under certain technical conditions, improving one or two aspects inevitably sacrifices the others. For example, many current projects claim to achieve thousands of TPS (transactions per second), but sacrifice security and decentralization, resulting in weak security foundations.
$SPEC @Spectral_Labs Why did it fall so much? Did some fud happen?? - Come with your father to understand what is going on behind the scenes.
Spec did an airdrop about 2 months ago +/- half-seen without commenting anything and looking at data from Dune we can see that only 32% pulled out their airdrop and many people don't even know that this airdrop occurred and by the way they paid an average of $2000 to everyone.
And on 6/7 they will end the acquisition of airdrops and the tokens will be considered dead so to speak, BUT not everything is rosy there is a group that received 37.5% of the allocation and called HuggingFace their claim is bugged and they will only be able to acquire your dps tokens from this update on 6/7 so what are the people who already know about this fact doing? - A: Clearly selling to buy cheaper when this group gets their tokens and dumps because the % that is released to them is higher than this 32% so there could be a very strong sale in these weeks of release, but there is no way to guarantee that everyone eligible will claim, right, and I discovered this with @bulltoshi1, the guy is really angry. - So if they are very heavy it is good to consider this case, but in any case DYOR always, right, I have 5% of the bankroll bought in this fall that has been happening and I only get more after this new claim.
Note: 1 year of cliff for the team and the tokens for this unlock are already in circulation, new tokens will not be added.
If you liked it, follow and RT to alert your little friend
Whales selling to speculate S-1 approval of $ETH ETF
According to CoinShares, digital asset investment products saw outflows of US$ 584 million last week, with Bitcoin outflows reaching US$ 630 million, Ethereum outflows reaching US$ 58 million, and multi-asset product inflows reaching US$ 98 million, indicating that investors view weakness in the altcoin market as a buy. opportunity.
The downside is pretty negligible if you are holding any of these positions.
If the $ETH ETF launches on July 2nd and/or we receive any S-1 amendments from @BlackRock's filing, all of these $ETH related tokens will have quite an interesting advantage.
The chart is not related, my $ETH target is above US$ 9 thousand
MELHORES INTERAÇÕES PARA QUEM QUER O AIRDROP DA ZORA
Link 1 : https://zora.co/collect/zora:0xfee9c749b1a9b0632e1699a57c75e34f50c8eb6f/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 2 : https://zora.co/collect/zora:0xc86340bf9b348e83b655b0b4762c11e247eda7b5/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 3 : https://zora.co/collect/zora:0xf2086c0eaa8b34b0eef73920d0b1b53f4146e2e4/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 4 : https://zora.co/collect/zora:0x051580e8a6da31c4bb48d02f3c22f1e99080b0f3/5?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 5 : https://zora.co/collect/zora:0x745dfe190458fba96aed8f10815ed3d2576d8cd4/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 6 : https://zora.co/collect/zora:0xf3608d6c834deb6d03463082aa9417f78a4e611f/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 7 : https://zora.co/collect/base:0x7322215bf49ef1393d0239b8c7620f39704e817c/1?referrer=0x48479F281afE9EAA5d214946d2E31bFA92b74FD9 Link 8 : https://zora.co/collect/base:0x1e1ad3d381bc0ccea5e44c29fb1f7a0981b97f37/1
Link para meu grupo vip por 50 reais : https://lastlink.com/p/CB6B9395C/checkout-payment Em cripto tem 350 reais desconto me chama dm no telegram Link : https://t.me/kohariETH Grupo aberto : https://t.me/multiversodoweb3
TOP 3 gems that I'm accumulating during this market crash.
$SPEC $NMT $ETHFI $IO
Now that you know what they are, come with me to understand the reasons, follow me, like and RT to help.
SPEC 1. Supported by Google, Samsung and Franklin Templeton. 2. No token unlocking for a year (team and investors). 3. AI Narrative, Base Season. 4. Doxxed Team (Ex. Coinbase, Amazon, Illuvium, Loopring). 5. Currently less than 100 million market cap as not all airdrops are claimed.
NMT CEO has 10 years of experience in the AI area and has 3 successful companies More than 3 thousand citations in your name in AI research 4 AI projects within your ecosystem Low inflation Unique selling points from $NMT (@NetmindAi) 👇🏼
• Decentralized platform that democratizes AI computing power, powered by global GPU network • Nvidia visited its London office • NetMind won the 2023 UK Enterprise Technology Award • Founder is ex-Coinbase, Microsoft and MicroStrategy, CTO is ex-Coinbase, Microsoft and MicroStrategy • Google Gemini used Netmind's Math Odyssey dataset • OpenAI invited Netmind to its private event and OpenAI's AI researcher publicly praised its dataset and benchmarks • Research collaborations, including universities such as Tsinghua University, Cambridge, UT Austin and Oxford • Business partners such as ProtagoLabs, Haiper, Auto Edge, Qdot Technology and Orbit
IO - IONET Only 350 million mcap competing with RNDR with 4 billion 1 Year without heavy inflation, per hour there is only 0.3% per month Only GPU project on the solana network
I've been in crypto for 5 years and I'm going to pass on to you today a very promising gem. 1st $SPEC Price $6.80 and marketcap > 70 million.
Spectral is developing a machine intelligence network to generate autonomous onchain agents.
1. Supported by Google, Samsung and Franklin Templeton. 2. No token unlocking for a year (team and investors). 3. AI Narrative, Base Season. 4. Doxxed Team (Ex. Coinbase, Amazon, Illuvium, Loopring). 5. Currently less than 100 million market cap as not all airdrops are claimed.
@Spectral_Labs stands out by presenting a direct application of AI to cryptography through the creation of production-grade smart contracts through its LLMops architecture
Regarding the airdrop $ZK , are you going to hold it or have you already gone under the knife?? I personally sold 80% and these are the reasons 👇
1st strong FUD both by users and projects native to the network and Zeroland and Zkapes were left out of the airdrop... even though they have been with them for over 1 year, and as you know, their cut was sudden and left a lot of real users out.
2° Your ecosystem still doesn't have anything, it doesn't have Kelp, etherfi and other major LRT's, it doesn't have mitosis or anything, in other words, the biggest hype at the moment isn't on the network.
3° They mocked the community when they said that the airdrop was unfair.
4° Even though they gave a good amount of tokens, it came out with an initial FDV lower than that of $JUP , the difference is that $ZK raised 100x more money than them, so at least it was supposed to be launched at 55c.
But not everything is so bad and I'll show you why.
1° A lot of people are angry with the network and are withdrawing their money from there and we have projects like Uniswap, aave, etherfi and others that are/were outside the ZK network that will now take a giant TVL to the network.
2nd Ecosystem incentive, the projects that were awarded have a great chance of distributing this money as something similar to what Starknet did
3° The token will remain inflation-free for 1 year, meaning it will avoid dumping by the team, only airdrop holders can sell, at this point it will be a great opportunity.