Amos (@amosductan) • Hey
Web3 enthusiast. Decentralized. Trustless. Permissionless.
Publications
- Introducing Bonsai, an Optimistic L3 scaling solution, that will process transactions at hyper-scale, and is designed to support the next generation of web3 social users.
Available for Lens devs in closed beta today.
Data availability layers are utilized to prevent storing information on-chain. While content on Lens may include an on-chain transaction, the content data is linked to a data availability location, like Bonsai.
Bonsai serves as a scaling solution that processes Polygon transactions off-chain, achieving hyperscale and reducing costs. Unlike L2 solutions, Bonsai doesn't compress transactions into L1, it sends and stores them on a data availability layer.
The main challenge for decentralized social networks is to ensure that users have control over their content, while still being just as user-friendly as traditional social networks.
Bonsai makes the future of decentralized social possible.
We've worked relentlessly with the @bundlr-network.lens work and Arweave teams to ensure scalability by providing Data Availability (DA) guarantees, allowing the use of Ethereum Virtual Machine (EVM)-supported wallets to save DA logic and facilitating the rapid publishing of data.
Permissionless innovation is at the core of everything we do on Lens. As we approach one year on mainnet (still in beta), we have been blown away by the talent and passion in our dev community but we realize in order to scale to the masses, we need to build new solutions.
Bonsai is currently only being beta tested on @lensterxyz.
We look forward to seeing more applications roll out Bonsai.
Dive into the dev docs here: https://docs.lens.xyz/docs/data-availability-post
Explore: bonsai.lens.xyz
Read our latest blog here: https://mirror.xyz/lensprotocol.eth/3Hcl0dGE8AOYmnFolzqO6hJuueDHdsaCs3ols2ruc9E
- mood
- $SOFI now offering 4.2% APY 👀
- No reason to rush in here as the downside move is likely not over for #BTC
- https://twitter.com/smb_attorney/status/1649030437505753090?s=46&t=_m2pYTXiNIelJlfXRAmAtA
- https://twitter.com/sullyomarr/status/1649110107366490120?s=46&t=_m2pYTXiNIelJlfXRAmAtA
- The conditions nationally are not much better...
- The situation with housing is pretty bleak. Even in the northeast where prices have been elevated for a while. Look at that sharp decline in transactions from a peak of over 65k in one month down to 27k
- #ETH below $2000 again 😬
- https://twitter.com/smb_attorney/status/1648302869517312001?s=46&t=_m2pYTXiNIelJlfXRAmAtA
- $ARB still looks good as long as above null.55
- The Regulators Strike Back
- Seems pretty clear now that #crypto has bottomed
- https://mirror.xyz/aductan.eth/438i69L7ulrVtNhFxQJQR-7L8dDWKDwagBY15q8yHY4
- People who post on Lens makes Lens
- https://mirror.xyz/aductan.eth/438i69L7ulrVtNhFxQJQR-7L8dDWKDwagBY15q8yHY4
- https://mirror.xyz/aductan.eth/XMzjqajTwGxlKGE5XDAkUilhs45IgjAPqJUD1fhrJ40
- Lens protocol is now 5th top trending collection in opensea 🔥
FLOOR $300
What is going on ?
You expect something is comming ? !👀
Please neither sell nor buy handles at this price
Too risky now if you sell or buy; so NEVER SELL YOUR HANDLE AND LET THE FLOOR RISE MORE AND MORE 🔥
- Arbitrum is clearly having its moment in the sun. Massive increase in search volume including searches about the $ARB airdrop
- https://twitter.com/nansen_ai/status/1636368850714529800?s=20
- $ARB air drop was a good sale at null.40...might get another chance to get in closer to null
- $OP has called off a cliff since slipping below null. This is why you need to cut your losses.
- Stunning comparison of what issuance would have been over the last several days if #ETH was still POW
- The merge was successful and now we can see if net issuance will be as low as all the narratives said. So far so good as there have been less than 1200 #ETH issued since the merge
- #184
- The #ethereummerge is just a week away…
- Thanks to our amazing community 👏 you are the reason we build 💚. Who is your favorite person to follow on Lens? 🌿
- Definitely not something you hear more about…
https://twitter.com/cfenollosa/status/1566484145446027265?s=21&t=LFigURntu1_-Pwm5FOL4Mg
- New website for Who is in Lens!
New features coming! 🌿
https://inlens.xyz/
- The price action this week across the indicies makes it clear we are back in the weekly downtrend. We will get a lower high soon so I wouldn’t press shorts here though.
- US Single Family Home Prices seeing a dip. This is worth watching closely from here. Notice other dips recovered fast but will this time be different
- There are headwinds everywhere but the bright spot is these are all obvious to most market participants
https://twitter.com/macroalf/status/1566047535579422720?s=21&t=yMWwxtRfMTBhxYjSUvg30g
- Arbitrum is the largest layer 2 on #Ethereum but no token yet. Now is the time to explore the ecosystem. I like GMX is particular
https://twitter.com/arbitrum/status/1565030915348303873?s=21&t=yMWwxtRfMTBhxYjSUvg30g
- $OP #OPUSD
Optimism is the second largest layer 2 network on #Ethereum in terms of TVL.
Layer 2 is the way to get in #crypto “early”
Weekly chart looks healthy too
- #BTC weekly chart looks anemic compared to #ETH. Barely remaining positive for the week. Tough road ahead for #Bitcoin in particular IMHO
- The weekly chart for #ETH remaining green is an important signal. We get a candle tomorrow at 7pm EST
- null million just isn’t what it used to be…
https://twitter.com/watcherguru/status/1565901223513006081?s=21&t=yMWwxtRfMTBhxYjSUvg30g
- https://twitter.com/ledger/status/1565630487271555072?s=21&t=yMWwxtRfMTBhxYjSUvg30g
- https://twitter.com/sjosephburns/status/1566027663705358337?s=21&t=yMWwxtRfMTBhxYjSUvg30g
- https://twitter.com/konstructivizm/status/1566022442539163650?s=21&t=yMWwxtRfMTBhxYjSUvg30g
- https://twitter.com/anasalhajji/status/1565715492207304707?s=21&t=kIm0fW_3eV0rPJ5_Mz8bmw
- https://twitter.com/qcompounding/status/1563870225350774785?s=21&t=kIm0fW_3eV0rPJ5_Mz8bmw
- Beginning to accumulate $OPUSD down here. It’s holding a higher low so good risk reward not to mention the long term potential.
- As I said a few weeks ago, the Optimism L2 token ($OPUSD) will remain under pressure for a while as they are handing out 5 million tokens as part of a liquidity mining initiative.
- For those not familiar with price action I can tell you we have bad sign on the weekly chart for #ETH and #BTC. It's a very reliable data signal that suggests further downside ahead.
- Current watch list of tokens in the #Ethereum ecosystem. Focusing on sub nullB market cap aside from a few exceptions