2022s (@2022s) • Hey
2022s (@2022s) • Hey
Publications
- 📍**Charyn Canyon, Kazakhstan** 🇰🇿
We landed on Mars 🚀
That was the first thought when we first laid eyes on the Charyn Canyon. It's part of the eponymous national park. It's incredible to have such colors and shapes in one place, such diverse landscapes, mountains covered in snow like they're inserted into postcards.
Kazakhstan has been a big positive surprise from start to finish. They're increasingly adapting to tourists and following trends. Even in such seemingly inaccessible places, they have souvenir shops (I bought a cap there as a keepsake), cafes, food... There's no litter or anything that could spoil the impression.
Charyn is easiest to explore if you're based in Almaty, and as soon as the weather gets better, they open up glamping resorts where you can wake up to such a view 😍
- The Snake Man🐍👱♂️😲
I accompanied my niece to an amusement park in Cuba called La Finca de los Monos, the truth is that I used to visit this place very often when I was little, but at that time it was something totally different, now it has become an amusement park.
At that time it was only a place preserved by the government for some special events, I did not expect to meet a man with snakes on his neck and hands, which allowed you to take pictures with snakes on your neck and hands, in Cuba this is not very common so I associate it with the snakes.
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- 📍 National Trust - Standen House and Garden, West Sussex
Had a lovely spring day visiting the house and garden. I think I’m starting to change my mind about wallpapers…
- ETH
- Here are some popular Ethereum staking protocols:
Rocket Pool: Rocket Pool is a decentralized Ethereum 2.0 staking protocol that allows users to deposit Ether into a pool to become validators. It offers convenience, security, and decentralization by managing deposits and node allocations through smart contracts.
Lido: Lido is another Ethereum 2.0 staking protocol that allows users to stake ETH and receive staked ETH (stETH) tokens in return. It employs a decentralized node architecture to reduce centralization risks and provides liquidity and rewards for users.
StakeWise: StakeWise offers a transparent, efficient, and secure Ethereum staking platform. It utilizes advanced technologies such as zk-SNARKs and smart contract deposit pools to enhance staking rewards and mitigate risks for users.
Lighthouse: Lighthouse is an open-source Ethereum 2.0 validator client that allows users to run their own validator nodes. While not a staking protocol itself, Lighthouse provides a decentralized and autonomous way for technically skilled users to participate in Ethereum 2.0 validation.
These staking protocols are popular within the Ethereum community and offer various features such as security, profitability, decentralization, and user experience. Choosing the right staking protocol depends on factors such as security, profitability, decentralization, and user experience.
- Scalability Improvement: Since PoS doesn't require extensive computation, it's more scalable, supporting higher transaction volumes and throughput. This helps address issues of transaction processing speed and network congestion encountered in PoW networks.
Overall, transitioning Ethereum to a PoS mechanism brings benefits in terms of energy efficiency, security, decentralization, incentive for long-term holding, reduced hardware requirements, and scalability, which can drive the development and maturity of the Ethereum network.
- Incentive for Long-Term Holding: PoS incentivizes users to hold cryptocurrency for the long term since validators holding more coins receive higher rewards. This can promote currency stability, price appreciation, and encourage participation in network validation.
Reduced Hardware Requirements: PoS doesn't require expensive specialized hardware (such as ASIC miners) and only necessitates holding cryptocurrency in a wallet to participate in network validation. This lowers the barrier to entry, enabling more users to participate in the network.
- Reduced Centralization Risk: PoS mechanisms can reduce centralization risk as they no longer rely on large mining pools or farms to control the network. In contrast, PoW networks may be subject to control by a few large mining pools, increasing centralization and potential attack risks.
Increased Security: PoS can enhance the security of the network as attackers would need to control a significant portion of the cryptocurrency in the network to mount an attack. Such an attack, known as a "51% attack," is easier to achieve in PoW and more difficult in PoS.
- Energy Efficiency: PoS networks are more energy-efficient compared to PoW networks since they don't require extensive computational power to solve mathematical puzzles. In PoW, miners consume significant amounts of electricity for computation, whereas PoS does not require this, as validators (users holding a certain amount of cryptocurrency) only need to prove their ownership of these coins.
- Transitioning Ethereum from Proof of Work (PoW) to Proof of Stake (PoS) offers several advantages:
- Addressing these challenges requires ongoing technological innovation, regulatory clarity, improvements in security and privacy, enhancements in user experience, and the establishment of industry standards and interoperability.
- Standardization and Interoperability Challenges: The lack of unified standards and interoperability may lead to isolation and fragmentation between different blockchain networks, limiting the liquidity and availability of blockchain applications and assets.
- Security and Privacy Concerns: Despite providing a certain level of security and transparency, some blockchain networks still have security vulnerabilities and privacy issues, such as smart contract bugs, 51% attacks, etc., which could affect user trust and adoption.
User Experience and Educational Barriers: Many blockchain applications currently offer complex user interfaces and experiences, hindering mainstream adoption. Moreover, there's a limited understanding and acceptance of blockchain technology and cryptocurrencies among the general public, requiring broader education and awareness efforts.
- Energy Consumption and Environmental Concerns: Some blockchain networks, especially those using proof-of-work consensus mechanisms, require substantial computational resources and energy consumption, raising concerns about environmental sustainability.
Legal and Regulatory Uncertainty: The unclear and fragmented legal and regulatory environment surrounding blockchain and cryptocurrencies poses risks and uncertainties for businesses and individuals, limiting their investment and development in the space.
- Scalability Issues: Blockchain networks often face scalability limitations, impacting transaction speed and throughput. As user numbers and transaction volumes grow, networks may experience congestion and delays, affecting user experience and application performance.
- The main factors currently hindering the development of blockchain may include:
- It makes the most sense for users to own their personal data
- Music, video onchain set to go mainstream
- been listening to this 14 min song on repeat for the last couple months! what an anthem!
what's ur anthem these days?
- Mazesoba, the under appreciated dry noodles cousin of ramen
- i love indian food 🤤
- Vitalik’s red bull 3.99 only!!!
- Treating All Cryptocurrencies the Same: Many individuals lump all cryptocurrencies together without recognizing their differences. In reality, different cryptocurrencies have distinct technologies, purposes, and risk profiles, requiring investors to conduct proper research and due diligence.
Assuming Cryptocurrencies are Completely Anonymous: While cryptocurrencies offer some level of anonymity, not all cryptocurrency transactions are entirely anonymous. Certain transactions can be traced back to specific users, meaning users may not have as much privacy as they think.
- Viewing Cryptocurrency as a Scam or Ponzi Scheme: Some people perceive cryptocurrencies as nothing more than scams or Ponzi schemes, perhaps due to the market's volatility and the presence of fraudulent projects.
Believing Cryptocurrencies are Used Only for Illegal Activities: There's a misconception that cryptocurrencies are primarily used for illicit activities like money laundering, smuggling, and financing terrorism. While cryptocurrencies have been associated with such activities, they are increasingly being used for legitimate transactions and investments.
- Some common misunderstandings about cryptocurrencies include:
- Addressing these issues requires technological innovations, regulatory reforms, and collective efforts from industry participants to ensure the robust development of cryptocurrency markets and protect the interests of investors.
- Privacy issues: While cryptocurrencies offer a degree of anonymity, transactions of certain cryptocurrencies can still be traced. This raises concerns about privacy, particularly for users who seek to maintain transaction anonymity.
- Scalability: Some cryptocurrency networks face scalability challenges, leading to slower transaction speeds and increased transaction fees. This limits the widespread adoption of cryptocurrencies.
- Security concerns: Cryptocurrency exchanges and wallets are frequent targets of hacking attacks, resulting in the theft of users' funds. Additionally, due to the irreversible nature of cryptocurrency transactions, recovering stolen funds is often challenging.
- Lack of regulation: Cryptocurrency markets are relatively unregulated, making them susceptible to manipulation, fraud, and illicit activities. The absence of regulation also increases risks for investors as they may lack legal protections.
- Volatility: Cryptocurrency markets exhibit high price volatility, subjecting investors to significant risks. This volatility can be influenced by factors such as market sentiment, regulatory changes, technical issues, among others.
- Some of the major issues currently facing cryptocurrency include:
- I don't have a bonsai, I don't spend enough time on the lens
- there's a /lens channel on farcaster 👀
https://warpcast.com/~/channel/lens
- new @lens/hey badge unlocked ✨
- Weekend dinner at my favourite sushi spot
- Collect the Internet
- Just over a day since going permissionless, Lens has already set new records.
- Lens is now permissionless.
- Eternal Bull Market
- Love cryptocurrencies will have good luck
- gm
- Content Worth Collecting Will be Token-Gated
- Serious question, why do you buy NFTs?
- 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/clg2h3e1n3168891gmcc6tfgwlr