ACP-77: PAYG Subnet Validation's Impact on Investors, Community Influence in Avalanche
With the launch of the ACP-77 proposal, Avalanche Network ($AVAX ) has made significant strides in the blockchain space. Known as PAYG (Pay-As-You-Go) Subnet Validation, the proposal aims to change how developers and projects participate in the #Avalanche ecosystem by providing a simple and cost-effective solution for deploying and maintaining dedicated blockchains, or subnets . What is ACP-77? ACP-77 introduces a new validation, the "Subnet Validator," designed to lower the barrier to entry for projects seeking to deploy dedicated blockchains on the Avalanche platform. With this proposal, subnet validation hardware requirements and upfront expenses are greatly reduced, facilitating smaller projects' and developers' participation in the Avalanche ecosystem. Under the PAYG model, subnet validators do not require a large upfront payment to register with P-Chain, Avalanche's primary chain responsible for staking and validation. As an alternative, they can pay a constant price that is dynamically altered in response to network usage. This approach not only reduces initial costs but also aligns operating costs with actual usage, providing a scalable and sustainable model for projects of all sizes Key Benefits of ACP-77 Reduced Barriers to Entry: By eliminating the need for substantial down payments, ACP-77 opens the door for more developers and smaller projects to build on the Avalanche network. This democratization of access can lead to increased innovation and diversity within the ecosystem.Lower Operating Costs: The PAYG system helps projects manage costs more effectively, as they only pay for the resources they consume. This is especially beneficial for early-stage projects, where cash flow constraints can be a major hurdle Enhanced Customizability and Flexibility: With the ability to customize their validation process, projects can tailor their blockchain environments to meet specific needs, enhancing user experience and optimizing efficiency.Increased Security and Reliability: The introduction of Subnet Validators ensures that even smaller subnets can benefit from the robust security and reliability standards of the Avalanche network. This is achieved without the need for extensive hardware investments, making it an attractive option for many developers.Sustainability and Ecosystem Growth: By making it easier and more cost-effective to launch and maintain subnets, ACP-77 fosters the growth of a more sustainable and scalable ecosystem. This can lead to a more vibrant and diverse community, contributing to the overall health and resilience of the Avalanche network. AvalancheHub's Role and Impact In the Avalanche ecosystem, #AvalancheHub , the first Social Mining hub of @DAO Labs , is essential in integrating community engagement with blockchain development. AvalancheHub, the hub with the biggest and busiest community, is a prime example of how #SocialMining can help people in the cryptocurrency space earn a steady income while building strong, ethical communities who are passionate about projects. Community-Driven Governance: AvalancheHub actively includes its community in the governance mechanism, discussing development proposals like ACP-77 with its members. This approach ensures that the community's voice is heard and considered in the decision-making process, fostering a more inclusive and transparent environment.Support for Ecosystem Growth: AvalancheHub embraces and supports any breakthroughs that help grow the ecosystem. The ACP-77 proposal is a prime example, as its critical vision for sustainability is poised to make the Avalanche network one of the largest ecosystems in the blockchain space. Real-World Application: The DEXALOT Subnet Scenario To understand the practical implications of ACP-77, consider the case of DEXALOT, a decentralized exchange built on an Avalanche subnet. Under the PAYG model, DEXALOT is able to significantly reduce its on-chain and off-chain costs, making it more competitive with other blockchain solutions like #Ethereum ($ETH ) and its rollups, as well as #Cosmos appchains. This cost-effectiveness, combined with Avalanche's native interoperability and high performance, positions it as a leading platform for decentralized applications. Conclusion The ACP-77 proposal marks a major breakthrough for the Avalanche network ($AVAX ), offering a more inclusive, cost-effective, and scalable solution for blockchain development. By lowering the barriers to entry and aligning costs with usage, Avalanche is poised to attract a broader range of developers and projects, further cementing its place as a leading blockchain platform. The AvalancheHub's participation in governance and its commitment to supporting ecosystem development through initiatives like ACP-77 highlights the strength and vibrancy of the community. This combination of innovative technology and active community engagement positions Avalanche as a key player in the blockchain space. For those interested in exploring the potential of ACP-77 and the Avalanche network, now is the perfect time to get involved. Whether you're a developer, investor, or simply curious about the future of blockchain, Avalanche's innovative solutions offer exciting opportunities for growth and innovation.
For specific details: https://app.blockworksresearch.com/research/avalanche-an-economic-analysis-of-acp-77/
MeromAI: intelligenza artificiale alimentata dall'uomo sulla blockchain WAX - Una prospettiva di social mining
Introduzione L'intelligenza artificiale (IA) continua a rivoluzionare i settori, rendendo le tecnologie avanzate accessibili a un mercato di riferimento più ampio. Questo articolo approfondisce #MeromAI un'iniziativa di IA implementata su #WAXBlockchain , ed esplora la sua importanza attraverso la lente di #SocialMining . Esaminando la sua prospettiva orientata alla comunità e l'integrazione con l'ecosistema WAX, siamo in grado di evidenziare i suoi contributi e l'allineamento con gli standard di Social Mining. Comprendere MeromAI MeromAI è progettato per rendere l'era dell'IA più pratica e utile per la rete. Tradizionalmente, i progressi dell'IA erano stati confinati ad agenzie con vaste risorse monetarie, proprio come $BTC , $ETH e $BNB hanno dominato l'area delle criptovalute. MeromAI rompe questo schema promuovendo un approccio incentrato sulla rete, in cui i contributi di persone e piccoli commercianti svolgono un ruolo fondamentale. Questa democratizzazione dell'IA è fondamentale per garantire che le benedizioni tecnologiche siano estese e non limitate a pochi eletti, simile all'etica di decentralizzazione della più ampia rete crittografica.
Il potenziale ruolo di Bitcoin come asset di riserva degli Stati Uniti e oltre
Il motivo per cui $BTC , $ETH e $BNB sono attualmente tra le valute del mercato terziario più sicure è perché hanno tutte costruito la loro reputazione nel settore delle criptovalute, il che significa che possono sopportare qualsiasi tipo di situazione di mercato. La loro resilienza alla volatilità del mercato è un segno della potenziale longevità della tecnologia Web3 e delle criptovalute. La senatrice CYNTHIA LUMMIS INDICA NUOVAMENTE CHE VORREBBE CHE GLI STATI UNITI TRATTINO BITCOIN COME UN ASSET DI RISERVA STRATEGICA. SOSTIENE CHE "AGGIUNGEREBBE STABILITÀ E LEGITTIMITÀ ALL'ECONOMIA MONDIALE". Ciò apporterebbe molta legittimità a Bitcoin, rendendolo quindi un azionista più grande nell'evoluzione finanziaria globale. E ha detto che i politici sono più o più aperti all'inclusione di Bitcoin, in particolare della blockchain, nelle strutture finanziarie credibili esistenti.
Analisi di $EGLD di MultiversX: una blockchain ad alto rendimento per il futuro
Scegliere un investimento responsabile e potenzialmente gratificante nel settore delle criptovalute può essere difficile. Con particolare attenzione alla sicurezza finanziaria e alla promessa tecnologica, #MultiversX (ex Elrond) e il suo token nativo eGold ($EGLD ) si distinguono. Questa blockchain ad alto rendimento mira a supportare il fiorente metaverso con velocità di transazione senza precedenti e funzionalità innovative. Ispirazione per la scelta di MultiversX ($EGLD ) MultiversX si distingue per i suoi progressi tecnologici e il robusto ecosistema. Nei suoi primi anni, #DaoLabs ha svolto un ruolo cruciale nel suo sviluppo. Con l'obiettivo di fornire un throughput 1000 volte superiore rispetto alle blockchain esistenti, MultiversX si posiziona come attore chiave nella gestione dell'adozione massiccia da parte degli utenti, essenziale per il metaverso e oltre. Elrond (ora MultiversX) è cresciuto in modo significativo grazie al contributo di #SocialMining , ottenendo un supporto sostanziale dalla sua comunità.
From Concept to Finalist: My Journey in the Super #SmashMiner Melee
As a participant in the Super Smash Miner Melee, I am honored to share my journey to the top of this competition. Here is a log of my contributions, detailing each task, its execution, and the impact that secured my position among the Top-4 Social Miners.
Task 1: Telegram Sticker Set Creation, Create a Telegram sticker set for #TheDAOLabs or other blockchain #SocialMining communities.
I designed a vibrant Telegram sticker set for the @DAOLabs community, incorporating relevant themes and humor. I used official graphics and adhered to the community’s color palette. The sticker set was well-received, fostering greater interaction within the community.
Sticker Set Link: t.me/addstickers/JclvllsPanda
Task 2: Article Writing. Write an article about "Social Mining can make a difference!" and publish it on Medium.
I authored "Unlocking the Power of #SocialMining," exploring its transformative potential. The article outlined the concept, operational mechanics, and benefits. The article garnered significant attention, highlighting my ability to communicate complex ideas.
Task 3: Infographic Creation. Create an infographic on a relevant news event for WAX, focusing on security guidelines.
I designed an infographic detailing essential security guidelines for setting up on @WAX_io. It covered password creation, two-factor authentication (2FA), cold wallets, and phishing prevention. It also highlighted WAX's new Multi-Chain NFT & Token Bridge. The infographic was shared widely for its clarity and practical value.
Reflecting on my journey through the Super #SmashMiner Melee, I am proud of the efforts that have culminated in my standing among the Top-4 Social Miners. Each task has been an opportunity to demonstrate my skills in design, content creation, and community engagement.