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all 3 chains have low fees @solana growing the fastest in usage
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Monthly active user growth since January '24 for @trondao, @BNBCHAIN, and @avax: 1) Tron usage up 31% 2) BNB Chain usage down 15% 3) Avalanche usage down 46%
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"How to be successful in financial markets?" 🗒️✍️
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ICP's "Crypto Cloud" pitch by @tt_intern: Smooth onboarding: ▪️ No need for wallets, touchID login ▪️ Reverse gas model, devs pay gas upfront; consumers don't need to buy ICP Fullstack DAOs: ▪️ Smart contracts serve also web, biz + frontend logic both onchain ▪️ Protocol-level integrations with BTC & ETH, ICP contracts can function as multichain “remote controls” ▪️ NNS app, ICP's own launchpad for ICOs, ~30 DAOs live today & new launches occurring regularly ▪️ Working non-DeFi apps like @OpenChat, w/ web2 like UX + onchain capabilities Summary: ▪️ Ecosystem still early in terms of developer adoption ▪️ UX is great --> many features currently being copied by other ecosystems ▪️ Tradeoff: more centralized e.g. when it comes to data retrieval (need to build tooling to make it on par with e.g. EVM ecosystems)
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According to @BlackRock, Ethereum's key competitors are: 1) Solana 2) Avalanche 3) Cardano 4) JP Morgan
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