12266 (@12266) • Hey
12266 (@12266) • Hey
Publications
- good!!!!!!!!!!
- Balancer's new Boosted Aave Pools are live! 👻 🤝 @balancerprotocol.lens
Balancer has just released new Boosted Pools built on Aave V3 markets, showcasing that DeFi is built on the principle of composability. Aave V3 is the most significant upgrade to the Aave Protocol, securing billions of dollars in permissionless smart contracts.
Teams can build with bb-a-USD by using it as the base pair on Balancer to build new innovative pools and financial dApps. By building with the Aave Boosted Pools, integrators inherit the high-security standard built into the Aave Protocol.
- **Web3 Wednesdays: Music NFTs** 🎶 **— Open Edition**
Ahead of NFT.NYC, we discussed Web3 music with @coopahtroopa.lens, @levychain.lens, @invinmusic.lens, @spinamp.lens, and @evgeth.lens — hosted by @abishek.lens
Collect the full episode over the next 24 hours and play it in your Zerion Wallet whenever you want.
- gm Lenster fam 🌸
We are excited to announce the launch of our new Snapshot voting feature. Now you can have your say on important community decisions by simply voting from Lenster.
If you paste any Snapshot URL, it will turn into an interactive widget where you can vote for a proposal. You can also use it with your Lens follower NFTs by configuring Snapshot strategies 🚀
Vote us below if you like this feature 😉 https://snapshot.org/#/yoginth.eth/proposal/0x9287c40edcd68c362c7c4139fe3489bbaaa27cf4de68be5c218a82d0f252e718
- I'm saying my piece in the #futureofsocial by signing the @t2world.lens manifesto. Which values do you support?
https://manifesto-app.t2.world/share/clfzpuqaf13585091fmcga28pztr
- Dear Lens fam, what is the Future of Social for you?
At t2, we believe the future social networks should revolve around our values, not just what grabs our attention. We want to foster meaningful connections with others, share what helps us achieve our goals, and enjoy articles that empower us.
We have witnessed how the Lens community celebrates genuine creativity and friendship. We believe our values and mission align closely with those of the Lens community. So, we are excited to bring a new type of writing and reading platform to @lensprotocol, starting with our manifesto. manifesto.t2.world
⏳ If you are on board with this vision, **sign the Manifesto** with your value propositions and complete all steps. You will receive a personalised card to showcase your values and **early access to the t2 alpha product**.
**If you are a writer, follow us and comment below with your favourite piece of writing by you. We will follow back!**
- I'm saying my piece in the #futureofsocial by signing the @t2world.lens manifesto. Which values do you support?
https://manifesto-app.t2.world/share/clfzp7dax12653551fmcvc10dq3v
- Ronnie uses Collateral Swaps.
Available across all V3 markets on app.aave.com. Powered by ParaSwap.
- I just voted "For" on "AIP-1: Arbitrum Improvement Proposal Framework" https://snapshot.org/#/arbitrumfoundation.eth/proposal/0x3be7368a662d1cf12fa4da768d626edbc013be0dc7b994fef2e24d9a54e4033a #snapshotlabs
- Zero explanation this time
Lens is the future
Twitter was great
- the Lens protocol decentralizes interfaces as much as it decentralizes social media. i think there is a huge opportunity to experiment on social media interfaces since lens handles the data layer.
for eg. feeds are useful but what would a feed less social media look like? what if each interface could be customizable like myspace? what if there was a theme marketplace for interfaces like wordpress? what does social media seen through Apple AR glass look like? what if you can wear the interface as digital wearable in 2025? exciting future is ahead! #lensThoughts
- i have a soft spot for y2k aesthetic 😍
- gm
https://www.youtube.com/watch?v=t_Jhj-gBYCs&list=PLVFVi1BYIUQ8igNgPXGkI95uqd76Se-pB&index=1
- hola amigxs. we made a psychedelic reggaeton super song with @xcelencia.lens and @paulapazos.lens for the @r3vl_xyz.lens & @decentxyz.lens creator grant contest.
1 mint = 1 vote
https://hq.decent.xyz/1/Editions/0x382a5be6adc2aB7A781214F1f21a6FFf4d5E3f64
mexico, puerto rico, argentina, y el resto de LATINXAMERICA...
VAMOS CON TODO 💕🌷☄💥
- **The Bridge**
A late-night beat for my #lensfrens 🌿💚✨
When I started making my own music many years ago, I wrote primarily for guitar and vocals. I didn’t spend much time producing electronic music, using synthesizers, samplers or creating beats. I was focused mainly on the aspect of live performance.
But during my undergrad in electroacoustic studies, I discovered electronic music production and developed an understanding of what the early innovators had done - including DJs. I became more interested in using synths, trying out new software applications, and every now and then dabbling with some beats. When I write music now, the computer becomes an instrument, and I love the granularity of control it provides. On the other hand, I’m also fascinated by the unexpected outcomes that can arise.
This piece started out as a technical experiment, using two DAWs simultaneously to compose and mix a song (check this post for more info: https://lenster.xyz/posts/0x019d96-0x077d ). I never know where these experiments might lead - in this case, it started with a drum part, intended to measure the time delay between the two apps. But then I added a bass line, and suddenly a vibe emerged, reminiscent of old school hip hop. So I went along with it, and the result is a track that will likely get your head nodding. 😉
Collect for 1 WMATIC or mirror for 10% referral reward.
#LMCC #MusicNFTs #AudioEngineers #Lens #Beats #StableDiffusion
@oohlala.lens @mixtape.lens @creators.lens
- 🚗 D Pity & Liminal State - Motion Blur 🎵
Collect here, listen on Soundcloud and get the .wav on Bandcamp.
- very happy with my first lens current rotation playlist! @mixtape.lens @christina.lens 👀
https://oohlala.xyz/playlist/46e3e051-c175-42bf-a1e1-1156daa8fb43
via @oohlala.lens
- Good morning y’all. Planning to do something special on Lens for all my followers.
If this account hits 600 followers by the end of the month, I’ll post a beat snippet EVERY DAY OF APRIL as a free collect EXCLUSIVE to my lens followers. Then based on which ones y’all interact with the most, I’ll make whole songs out of them & mint them.
Will put everyone who interacts on the allowlists & even raffle free NFTs to folks who pull up!!
- **“Todo Regresa En Algo Nuevo”**
A piece by @bofkid.lens in collaboration with us
*About the piece:*
Mi encuentro con REAL, siempre ha sido un espacio de protección, cada que suena, en mí
no cabe más que agradecerles por haberla creado (tulengua). Escucharla en vivo es como un
formato de CBD musical para mi mente.
El contenido explícito que mi personaje maneja, es todo lo malo que quisiera decir o hacer y transformarlo en algo propositivo y bueno. Siento que me estoy desmoronando, el poder del visual me transforma, el pretexto de hacer lo que hago para encontrar un fuego interno, un poder sagrado.
TODO REGRESA EN ALGO NUEVO.
My encounter with REAL has always been a space of protection, every time I hear it.
All that I want is to thank them for having created it (tulengua). Listening to it live is like a
musical CBD for my mind. The explicit content that my character handles is everything bad that I've wanted to say or do and to transform it into something purposeful and good. I feel that I am falling apart, the power of the visual transforms me, the excuse of making what I do to find an inner fire, a sacred power.
EVERYTHING COMES BACK IN SOMETHING NEW.
*This piece is the second in our monthly **LAS CALIFORNIAS** series, a project that aims to melt borders and celebrate interdependence. Each month, we will invite an artist from the US side of the border and an artist from the Mexico side of the border to make a piece inspired by our music and ideals. Collect both pieces from both sides of the border for a special surprise + early access to future tulengua drops across the music NFT landscape.* (MEXICO SIDE)
- currently on my mood board ✨👽✨
- concept for 3d scifi lens interface 👽
- i feel like people are missing the point about Balaji 1M $ Bitcoin bet. I see it as a really smart 1 million $ marketing campaign / wake up call to call attention to hyperinflation and the upcoming banking failures.
1m probably means nothing to him but in the wild chance he is correct he will be a legend ( as if he already isnt )
- Yo! #Lens Gamers
Looking to win a premium vineyard from Hash Valley Winery? Time is running out to enter! Simply like, comment, collect, or mirror any of our sponsored posts to be entered for a chance to win.
Hash Valley is the ultimate farming game where players can grow rare vintages and compete or cooperate with other vintners. Claim your free vineyard now at https://www.hashvalley.xyz before supplies run out! Don't miss out on this amazing opportunity to own a piece of wine country. Enter now and cheers to your future success in Hash Valley!
#Lens #gamefi #creatorcontent #LMCC
- All about Distributed Validator Technology (DVT) | ETH Denver 2023 | Block Bytes
Continuing the coverage of the ETH Denver 2023 conference, I bring you three top projects using DVT to help drive better decentralization and resiliency to the biggest public blockchain, Ethereum.
Distributed Validator Technology is a blockchain primitive that splits a validator key cryptographically into 4, 7, or 10 keyshares.
Not only does this help improve the security of a single validator and brings resiliency, but it has also lowered the 32 ETH requirement for running a full-node validator.
SSV.network:
https://ssv.network/
Obol tech
https://obol.tech/
Diva labs
https://www.divalabs.org/
00:00 Intro
00:20 Centralization in Ethereum
01:42 What is DVT?
04:28 About SSV network
05:28 About Obol
07:08 About Diva
08:10 Final thoughts
==================
Follow Block Bytes on these platforms
https://blockbyte.medium.com/
Twitter: @ManishKSingh79
Lens: @manish.lens
Phaver: @mks79
Farcaster: @manishks
DeSo: manishks
- All about Distributed Validator Technology (DVT) | ETH Denver 2023 | Block Bytes
Continuing the coverage of the ETH Denver 2023 conference, I bring you three top projects using DVT to help drive better decentralization and resiliency to the biggest public blockchain, Ethereum.
Distributed Validator Technology is a blockchain primitive that splits a validator key cryptographically into 4, 7, or 10 keyshares.
Not only does this help improve the security of a single validator and brings resiliency, but it has also lowered the 32 ETH requirement for running a full-node validator.
SSV.network:
https://ssv.network/
Obol tech
https://obol.tech/
Diva labs
https://www.divalabs.org/
00:00 Intro
00:20 Centralization in Ethereum
01:42 What is DVT?
04:28 About SSV network
05:28 About Obol
07:08 About Diva
08:10 Final thoughts
==================
Follow Block Bytes on these platforms
https://blockbyte.medium.com/
Twitter: @ManishKSingh79
Lens: @manish.lens
Phaver: @mks79
Farcaster: @manishks
DeSo: manishks
- Weekly Recap 001
The first edition of our new column ⬇️
https://investinmusic.mirror.xyz/JxixRaeNgPx_8iqZ4xAOY8bbC2zU38GyjRdWloE4qoc
- Episode 001 - Daniel Allan
Daniel Allan is a leading artist in web3.
He joins us to talk about his nullM Seed Round.
**L**isten on @spinamp.lens: https://app.spinamp.xyz/track/ep-01-daniel-allan-1678917011000?referral=0x5b93ff82faaf241c15997ea3975419dddd8362c5
Collect for 0.001 ETH: https://investinmusic.xyz
**Episode Overview**
-Daniel’s Seed Round
-Living in Louisville
-Building a Team
-Why Routines Matter
-Music Industry Origins
-The Turning Point
-Overstimulated
-Glass House
-The Importance of Web3
**Follow Invest in Music**
Mirror: https://investinmusic.mirror.xyz
Twitter: https://twitter.com/invinmusic
Instagram: https://www.instagram.com/invinmusic
TikTok: https://www.tiktok.com/@invinmusic
- In just a few minutes, we'll be live on Twitter Spaces talking about the future of Web3 and celebrating the launch of Invest in Music!
https://twitter.com/nftnow/status/1636423501006479361?s=46&t=IYhfly1Vs5qYGTeYYYyXkQ
- Music Monday 001
The first edition of our new column ⬇️
https://investinmusic.mirror.xyz/wyELafDf-p5RX5jtV2P9ck6_hsqYUcsosMoIfvGfLMU
- Improv Guitar
#Bytes superbowl sunday. enjoy blues jam little bit of #guitar #music stay safe out there ✌🏼 1 avail at 2wmatic with 95% mirror 🤪 🤷🏽 🧘🏼♂️ @mixtape.lens 🙏🏽
- I will say it again ABSTRACTION IS EVERYTHING.
👉 the internet - a network box in your house that nobody understands. People enter the extended code to connect, which is seen as normal.
👉 mobile device - a handheld device you can call the other side of the world with, video for hours on an incredible camera, FaceTime anyone instantly.
👉a plane - a floating box which takes you from A > to B flying in the sky 🤯accessible by anyone.
👉TV - watch anything you want, staring at a big screen, live football, movies, anything with a click of the remote.
My point here is that the most complicated things in the world and the most advanced things are abstracted so well away from the end user that they see it as usual and straightforward.
If planes, mobiles, TVs, and the internet can all exist for anyone, then history has already proved that anything is possible for mainstream if abstracted away well enough.
- CAN I GET A WAGMI??????
- Lens devs keep shipping 🛳️ 💨. A lot of cool things have been added with 1.26.0.
**Features**
·Ability to create Nft galleries
·Added support for data availability for mirror with signed typed data (staging only)
·Add support for data availability for comment with signed typed data (staging only)
·Added support for 'ar://' protocol in metadata
·Added support for 'ar://' protocol in metadata
·Added support authentication with EIP1271-compatible smart wallets
·Added indexes to the database
·Added support for MultirecipientFeeCollectModule
·Added support for AaveFeeCollectModule
·Added support for ERC4626FeeCollectModule
·Added more relays to load balance to spread out traffic
·Enabled **hasTxHashBeenIndexed** to be accessible without auth token
·Moved the Follow Proxy action to RabbitMQ.
·Moved the Collect Proxy action to RabbitMQ.
·Removed Internal endpoints
·Rewrote the notification service to improve performance
·Removed wallets from showing in the **of** follower list
·Handle validation internal extensions
·Lensqueue granular error handling
·Rabbitmq metrics and alerts
·Improved speed latency on redis
·Improved Estimate of gas
·Improved Contain memory spikes
·Whitelisted new apps for gasless transactions
**Bug fixes**
·Added optional pretty name to whitelisted currencies
·Added block timestamp to indexer
·Added optional pretty name to whitelisted currencies
·Fixed typo in GraphQL schema doc
·Fixed collect records mismatch on the backend
·Fixed typo in GraphQL schema doc
·Fixed nft population in nft gallery
·Fixed Internal error counts
·Fixed typo in GraphQL schema doc
·Gated working on the dispatcher
·Resolved issue on collect modules circular references
·Resolved issue: When using the **whoMirroredPublicationId** field in the request and querying a publication with multiple mirrors by the same profile profiles repeated in the response
·Resolved issue on collect modules circular references
·Resolved uncaught exceptions for graphql validation errors
·Redis expiry times made dynamic
·Resolved deadlocks on db
·Stopped supporting kovan, rinkeby and ropsten testnets
·Validation metadata fixes
**Breaking changes**
·**Feed** and **feedHighlights** now require auth to call them
**Breaking changes actioned**
·ACTIONED: breaking change: **timeline has been removed**
- - Handling 15x the amount of traffic ✅
- Solving huge CPU spikes in the database due to load ✅
- Internal queues equipped and ready for optimistic API on more then just follow and collects ✅
- Stopping follow bot spammers ✅
- Next stop getting filtering of the bots commenting “cool” etc ruining peoples fun
Watch out bots we are coming for you ⚡️💪💪
- “Try not to become a man of success, but rather become a man of value.” – Albert Einstein
- Gm
- web3 social means only having to build your following once.
and having your followers continue to grow across the entire ecosystem of apps and future apps forever without having to do anything.
for devs it means starting with a built in user base instead of starting from scratch.
- Winter nostalgia - not ready for the summer 🏂❄️
- Lens BigQuery Public Dataset is Live 🔍
Read more about unlocking new possibilities in our blog
https://mirror.xyz/lensprotocol.eth/L-VyE549sOOdi4nBgos6XNAUgf3H1oErfkAtndU6RHY
Learn how it works in our developer docs
https://docs.lens.xyz/docs/public-big-query
- Lens BigQuery Public Dataset is Live 🔍
Read more about unlocking new possibilities in our blog
https://mirror.xyz/lensprotocol.eth/L-VyE549sOOdi4nBgos6XNAUgf3H1oErfkAtndU6RHY
Learn how it works in our developer docs
https://docs.lens.xyz/docs/public-big-query
- epic meeting with the @orbapp.lens team this morning
the web and mobile clients on Lens continue to evolve and improve at a rapid pace, this is just one example of a team shipping a polished and beautiful experience and setting the bar for web3 social ux 🌿🤌🙇♂️
- Been using the app since today. Joined Lens yesterday. Must say the app and speed is uncontested for anything that I've experienced in Web3. Hats off to the @orbapp.lens team!
- Getting ready for Lens n Frens SF meetup
- Create together, earn together 🌿
Creators can now split revenue earned from Collects.
Share earnings with as many as 5 creators. With custom percentage splits.
Collects is among the most popular features on Lens.
We recently added the option to set limited quantities and/or time limits to collectible posts.
We’re excited to offer new ways for collectors to support creators, and for creators to monetize with Collects.
Learn how to implement the Multi recipient Fee Collect Module in our dev docs: https://docs.lens.xyz/docs/create-post-typed-data#multirecipientfeecollectmodule
Start using Splits today on @buttrfly.lens , @lenster.lens & @lenstube.lens - with more soon to come!
- Size of bank failures since 2000 (stole this from Twitter). Pretty crazy seeing it in a single picture.
- Once the SVB nightmare for depositors is resolved, I believe we will start seeing many companies, big and small, begin to have crypto on their balance sheets.
👉 Self-custody is important!
- ***There are countless popular science articles on the blockchain, but no matter how crazy the blockchain can make these bigwigs, the onlookers still say they can’t understand***
Two days ago, a friend told me that now I see the chat records in various "three o'clock" WeChat groups and I don't want to click on them anymore. Is it because the opinions in the group are greater than the real dry goods, so much has been said, it still makes people confused.
There are countless popular science articles on the blockchain, but no matter how crazy the blockchain can make these bigwigs, the onlookers still say they can’t understand it. On Monday, I met a blockchain practitioner. When he saw me, he said, "You must not believe in blockchain. People who believe in it are completely different from those who don't."
In just ten days, there have been several blockchain debates. Those in the three o'clock group can be called "on-site chats", and those not in the group are called "off-site chats". Everyone's views are colliding, truth or fallacy, everything is still unknown.
Talk about blockchain every day, where is the application scenario?
One of the most important reasons why the blockchain is questioned is that there are no practical application scenarios, and ordinary people cannot see the possible value. So in the eyes of these experts, where are the application scenarios of blockchain most likely to appear?
Shuai Chu, the founder of Quantum Chain, said: The evolution of the entire blockchain technology is still in its early stages, just like the Internet era 20 years ago. At that time, we could not have imagined that there would be an application like Uber on the Internet. The development of technology has given everyone a richer diversity. Possibilities are the future.
Now, cryptocurrencies are to the blockchain what Email is to the Internet. The future development of blockchain will certainly not stop at cryptocurrency. From the perspective of scenarios, the biggest feature of blockchain technology is that it guarantees a Trustless Platform (trust-free platform) through various technologies, reducing the cost of all commercial transactions.
Xue Manzi, the most famous flag bearer of the blockchain, has a similar view to Shuai Chu. He also believes that it is still quite difficult to implement all applications at present, and the reason is that there are still many problems in the public chain, including Bitcoin and Ethereum. Issues such as transaction fees, transaction confirmation time, and scalability have appeared on the market. Now public chains such as Quantum Chain and EOS are trying to solve these problems, but this is a long-distance race.
Are virtual currencies valuable?
The price of Bitcoin has been soaring all the way, many air coins have entered the market, and ICO is considered to be more deceptive than pyramid schemes... All kinds of opinions point to a question: Is virtual currency valuable?
Chen Weixing, the founder of Kuaidi Taxi, whose exposure rate has been greatly increased because of the quarrel with Zhu Xiaohu, said that he will never cash out the cryptocurrency he holds, and he will never cut leeks. But he has strong faith in these virtual currencies, and believes that "there will be no non-cryptocurrency money in the future."
The reason is that the existing currencies are all credit currencies, and the blockchain is a technology used to create credit. It has created a consensus among many people, and it can create something that everyone believes in, and through the liquidity of transactions, everyone can define a price as a unit of measurement.
Chen Weixing believes that traditional macroeconomics is based on the theory of a single currency, but in the multi-currency system under the blockchain environment, each payment does not necessarily use a single currency, so excessive savings in Bitcoin will not cause Compared with Bitcoin's deflation, because everyone can use thousands of payment methods such as eth and qtum. In this way, Bitcoin will no longer be a "single currency" in the future world, but a measure of various other values to measure their relative prices.
Xue Manzi's thoughts were completely different from Chen Weixing's. He said that he is not a believer in Bitcoin. He recommended Ripple three years ago because he saw Ripple’s ability to solve various problems in cross-border transactions, such as expensive, inconvenient, and time-consuming.
Mu Yan, the founder of Baihe.com, also has a different view from Chen Weixing, and is similar to Xue Manzi. He said that Bitcoin, as the starting point of the "big era" of the blockchain, has an antique value, that is, an asset value rather than a currency value.
Two days ago, the value of Bitcoin was also strongly criticized by Microsoft founder Bill Gates. Gates said that the "anonymity" of electronic cryptocurrencies will bring great social problems, which may make it difficult for many capital flows to be legally tracked, supervised, and used by criminals.
"This is a rare technology that causes death." Bill Gates said.
Will Blockchain Subvert BAT?
The Internet has been called the "classical Internet", and it seems that the blockchain will soon replace it. Anxiety has changed the mentality of Internet practitioners, and now they have to worry about BAT.
In a conversation, Cai Wensheng, the founder of Meitu Xiuxiu, asked Zeng Ming: BAT has not made any big moves (in terms of blockchain), is it because of policy reasons, or does it feel that the timing of the blockchain has not come yet?
Zeng Ming responded: "The core is that we have not seen the entry point. The innovation mechanism of large companies is different from that of the market. Whoever finds the actual big application will become a big company."
The question of who can become a big company has not yet been answered, but whether it can breed a big company, or even a company that subverts BAT, is the key to judging the potential of the blockchain. When answering Wang Feng's question from Linekong Interactive last night, Zeng Ming added a paragraph:
"To judge whether the blockchain is a disruptive technology, I personally feel that at this stage, it is still difficult to make a more confident judgment, and it still takes time to observe."
Xue Manzi once said that every investor hopes to invest in Ali, but it is really difficult. But he has unquestionable belief in the disruptive nature of blockchain. He said that the blockchain is a big event that really turned the table and smashed all the mahjong tiles on the table. Everything is back to zero. Up to BAT down to small businesses are on the same starting line. Everyone has a chance to make a BAT, especially BAT can't play this now. This is a big opportunity!
The impact of the blockchain on BAT is essentially an impact on the Internet. Shuai Chu’s opinion is: After decades of development of the Internet, various Internet companies have produced very useful products in the areas of people’s eating, drinking, entertainment, clothing, food, housing and transportation. There are so many opportunities. From this perspective, it is difficult for the blockchain to have any impact on BAT in a short period of time.
In addition, he also believes that from the perspective of the scenario, there is no opportunity to subvert the core business of BAT at this stage, because BAT solves some fundamental needs of human beings.
The three o'clock group has been active for half a month, and the believers in the blockchain have also imitated and built more groups. Every practitioner of the classical Internet, as long as he shows a little interest in the blockchain, he will be pulled into the professional and non-professional groups immediately. Fake news is being discussed.
All discussions cannot avoid these three questions. For example, if someone wants to ask whether ICO is a scam, they should first discuss the value and significance of virtual currency, then understand the possibility of project success, and finally look at the prospects of the industry. Even the most insightful academics are not guaranteed to come up with the right answer. At this time, the confrontation of viewpoints is particularly precious.
- ***There are countless popular science articles on the blockchain, but no matter how crazy the blockchain can make these bigwigs, the onlookers still say they can’t understand***
Two days ago, a friend told me that now I see the chat records in various "three o'clock" WeChat groups and I don't want to click on them anymore. Is it because the opinions in the group are greater than the real dry goods, so much has been said, it still makes people confused.
There are countless popular science articles on the blockchain, but no matter how crazy the blockchain can make these bigwigs, the onlookers still say they can’t understand it. On Monday, I met a blockchain practitioner. When he saw me, he said, "You must not believe in blockchain. People who believe in it are completely different from those who don't."
In just ten days, there have been several blockchain debates. Those in the three o'clock group can be called "on-site chats", and those not in the group are called "off-site chats". Everyone's views are colliding, truth or fallacy, everything is still unknown.
Talk about blockchain every day, where is the application scenario?
One of the most important reasons why the blockchain is questioned is that there are no practical application scenarios, and ordinary people cannot see the possible value. So in the eyes of these experts, where are the application scenarios of blockchain most likely to appear?
Shuai Chu, the founder of Quantum Chain, said: The evolution of the entire blockchain technology is still in its early stages, just like the Internet era 20 years ago. At that time, we could not have imagined that there would be an application like Uber on the Internet. The development of technology has given everyone a richer diversity. Possibilities are the future.
Now, cryptocurrencies are to the blockchain what Email is to the Internet. The future development of blockchain will certainly not stop at cryptocurrency. From the perspective of scenarios, the biggest feature of blockchain technology is that it guarantees a Trustless Platform (trust-free platform) through various technologies, reducing the cost of all commercial transactions.
Xue Manzi, the most famous flag bearer of the blockchain, has a similar view to Shuai Chu. He also believes that it is still quite difficult to implement all applications at present, and the reason is that there are still many problems in the public chain, including Bitcoin and Ethereum. Issues such as transaction fees, transaction confirmation time, and scalability have appeared on the market. Now public chains such as Quantum Chain and EOS are trying to solve these problems, but this is a long-distance race.
Are virtual currencies valuable?
The price of Bitcoin has been soaring all the way, many air coins have entered the market, and ICO is considered to be more deceptive than pyramid schemes... All kinds of opinions point to a question: Is virtual currency valuable?
Chen Weixing, the founder of Kuaidi Taxi, whose exposure rate has been greatly increased because of the quarrel with Zhu Xiaohu, said that he will never cash out the cryptocurrency he holds, and he will never cut leeks. But he has strong faith in these virtual currencies, and believes that "there will be no non-cryptocurrency money in the future."
The reason is that the existing currencies are all credit currencies, and the blockchain is a technology used to create credit. It has created a consensus among many people, and it can create something that everyone believes in, and through the liquidity of transactions, everyone can define a price as a unit of measurement.
Chen Weixing believes that traditional macroeconomics is based on the theory of a single currency, but in the multi-currency system under the blockchain environment, each payment does not necessarily use a single currency, so excessive savings in Bitcoin will not cause Compared with Bitcoin's deflation, because everyone can use thousands of payment methods such as eth and qtum. In this way, Bitcoin will no longer be a "single currency" in the future world, but a measure of various other values to measure their relative prices.
Xue Manzi's thoughts were completely different from Chen Weixing's. He said that he is not a believer in Bitcoin. He recommended Ripple three years ago because he saw Ripple’s ability to solve various problems in cross-border transactions, such as expensive, inconvenient, and time-consuming.
Mu Yan, the founder of Baihe.com, also has a different view from Chen Weixing, and is similar to Xue Manzi. He said that Bitcoin, as the starting point of the "big era" of the blockchain, has an antique value, that is, an asset value rather than a currency value.
Two days ago, the value of Bitcoin was also strongly criticized by Microsoft founder Bill Gates. Gates said that the "anonymity" of electronic cryptocurrencies will bring great social problems, which may make it difficult for many capital flows to be legally tracked, supervised, and used by criminals.
"This is a rare technology that causes death." Bill Gates said.
Will Blockchain Subvert BAT?
The Internet has been called the "classical Internet", and it seems that the blockchain will soon replace it. Anxiety has changed the mentality of Internet practitioners, and now they have to worry about BAT.
In a conversation, Cai Wensheng, the founder of Meitu Xiuxiu, asked Zeng Ming: BAT has not made any big moves (in terms of blockchain), is it because of policy reasons, or does it feel that the timing of the blockchain has not come yet?
Zeng Ming responded: "The core is that we have not seen the entry point. The innovation mechanism of large companies is different from that of the market. Whoever finds the actual big application will become a big company."
The question of who can become a big company has not yet been answered, but whether it can breed a big company, or even a company that subverts BAT, is the key to judging the potential of the blockchain. When answering Wang Feng's question from Linekong Interactive last night, Zeng Ming added a paragraph:
"To judge whether the blockchain is a disruptive technology, I personally feel that at this stage, it is still difficult to make a more confident judgment, and it still takes time to observe."
Xue Manzi once said that every investor hopes to invest in Ali, but it is really difficult. But he has unquestionable belief in the disruptive nature of blockchain. He said that the blockchain is a big event that really turned the table and smashed all the mahjong tiles on the table. Everything is back to zero. Up to BAT down to small businesses are on the same starting line. Everyone has a chance to make a BAT, especially BAT can't play this now. This is a big opportunity!
The impact of the blockchain on BAT is essentially an impact on the Internet. Shuai Chu’s opinion is: After decades of development of the Internet, various Internet companies have produced very useful products in the areas of people’s eating, drinking, entertainment, clothing, food, housing and transportation. There are so many opportunities. From this perspective, it is difficult for the blockchain to have any impact on BAT in a short period of time.
In addition, he also believes that from the perspective of the scenario, there is no opportunity to subvert the core business of BAT at this stage, because BAT solves some fundamental needs of human beings.
The three o'clock group has been active for half a month, and the believers in the blockchain have also imitated and built more groups. Every practitioner of the classical Internet, as long as he shows a little interest in the blockchain, he will be pulled into the professional and non-professional groups immediately. Fake news is being discussed.
All discussions cannot avoid these three questions. For example, if someone wants to ask whether ICO is a scam, they should first discuss the value and significance of virtual currency, then understand the possibility of project success, and finally look at the prospects of the industry. Even the most insightful academics are not guaranteed to come up with the right answer. At this time, the confrontation of viewpoints is particularly precious.
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