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Would you describe data as a new asset class? ๐
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1/ Ever wonder why your Orchid balance doesn't change with every payment? Our mathematician @DrChloAvery explains how variance works in probabilistic nanopayments and why it's not just normalโit's by design. #DePIN #Web3
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We would like to register two http://orchid.com emails to manage Orchid's self-reporting dashboard on CoinMarketCap.
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1/ ๐ Nanopayments are core to our tech, letting users pay as they go for bandwidth, AI, and more. But since nanopayments are like lottery tickets, many ask why they should trust them. In this paper, mathematician @DrChloAvery makes the case for why they work. #DePIN #Token2049
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๐ Excited to share insights from the latest @ShowCrypto episode featuring Dr. Steven Waterhouse, aka Seven, Co-Founder & CEO of @OrchidProtocol ! ๐
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Bitcoin Ordinals represent an innovative method of inscribing data directly onto the Bitcoin blockchain. Unlike traditional NFTs, which enclose metadata or URLs that reference off-chain data, Ordinals embed the actual content on-chain through inscriptions. This approach enhances decentralization and censorship resistance at the cost of higher transaction fees and data size constraints.
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