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Pessimistic ProofPolygon's AggLayer has gained significant attention following the announcement of Pessimistic Proof. Polygon values this topic so much that it has created several related tasks on the #PolygonHub #MATIC✅ The #SocialMining members at @DAOLabs have started to investigate and announce the topic thoroughly. So, what is Pessimistic Proof? Pessimistic Proof is a security mechanism offered by #Polygon AggLayer that provides cryptographic security in cross-chain transactions. Here are the details on how it works: 1. Unified Bridge: - AggLayer aims to scale liquidity, users, and states by combining rollup chains in the Ethereum ecosystem. - The unified bridge connects chains like OKX's X Layer, Astar zkEVM, and Polygon zkEVM to #Ethereum This ensures seamless asset transfers between L2 chains. 2. Security Issue: - The security risk increases as AggLayer expands by incorporating different chains into the unified bridge. - A security vulnerability in any chain could impact the entire bridge. 3. Pessimistic Proof: - Pessimistic Proof treats all chains as insecure and incompatible with each other. - It constantly audits whether the chains provide accurate information about the deposited assets. - This way, a security issue in one chain does not affect the others. 4. Conclusion: - Pessimistic Proof ensures cross-chain security and prevents one chain from risking the funds of others. - AggLayer maintains the security guarantees of each chain while ensuring the security of all chains on the unified bridge. 🛡️🌐

Pessimistic Proof

Polygon's AggLayer has gained significant attention following the announcement of Pessimistic Proof. Polygon values this topic so much that it has created several related tasks on the #PolygonHub #MATIC✅
The #SocialMining members at @DAO Labs have started to investigate and announce the topic thoroughly.

So, what is Pessimistic Proof?
Pessimistic Proof is a security mechanism offered by #Polygon AggLayer that provides cryptographic security in cross-chain transactions. Here are the details on how it works:
1. Unified Bridge:
- AggLayer aims to scale liquidity, users, and states by combining rollup chains in the Ethereum ecosystem.
- The unified bridge connects chains like OKX's X Layer, Astar zkEVM, and Polygon zkEVM to #Ethereum This ensures seamless asset transfers between L2 chains.
2. Security Issue:
- The security risk increases as AggLayer expands by incorporating different chains into the unified bridge.
- A security vulnerability in any chain could impact the entire bridge.
3. Pessimistic Proof:
- Pessimistic Proof treats all chains as insecure and incompatible with each other.
- It constantly audits whether the chains provide accurate information about the deposited assets.
- This way, a security issue in one chain does not affect the others.
4. Conclusion:
- Pessimistic Proof ensures cross-chain security and prevents one chain from risking the funds of others.
- AggLayer maintains the security guarantees of each chain while ensuring the security of all chains on the unified bridge. 🛡️🌐
You are absolutely right. Many major tokens like #MATIC are at the same levels as they were a year ago. However, I believe that when altcoins start to recover, their rise will be swift. In social mining, converting points to tokens at the right time is also crucial. 1 point is worth 1 cent. If you convert your points to tokens when the token price is low, you can get more tokens. Or it could be the other way around. This requires some trader’s intuition. 🙂
You are absolutely right. Many major tokens like #MATIC are at the same levels as they were a year ago. However, I believe that when altcoins start to recover, their rise will be swift.

In social mining, converting points to tokens at the right time is also crucial. 1 point is worth 1 cent. If you convert your points to tokens when the token price is low, you can get more tokens. Or it could be the other way around. This requires some trader’s intuition. 🙂
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Bear Market Brings Joy to Social Miners: A Personal Success Story
Over the last week, cryptocurrency prices have fallen for dozens of reasons, such as profit realisations, low expectations, and the summer recession in the crypto market. There are dull days ahead for cryptocurrency enthusiasts. So, have the falling cryptocurrency prices affected the miners who have gained $MATIC , $AVAX , $KAVA , #WAX , and #TON by participating in @DAO Labs ' #SocialMining activities?

Of course, they were impressed too!

With the points they have obtained from awareness activities, they can now swap almost 2 times more tokens!

Please, the token holders, don't be mad at me.
However, social miners can make more profitable swaps during such down periods because they mine tokens with their labor.

If you ask veteran social miners, they can tell many fireside stories about the excellent bear season earnings!

I want to show you the proof of what I have written.
Today, I have 3264 points on @Polygon Hub.

I also had 3200 points last December, and I converted my points to MATIC tokens at the marketplace. Then, MATIC price was $0.90, and I was able to get 35 MATIC with my 3200 points.
Today, I'm also converting MATIC of 3200 points.
Look, you can see it below. I was able to get 55 MATICs with my 3200 points.

I will soon have another 55 MATIC coins in my wallet. It was a good trade. Right?
DAO Labs' Social Mining hub hosts blockchain enthusiasts from all over the world. This community shares a common interest in blockchain technology, bringing together people from diverse cultures and backgrounds to work collaboratively on projects and raise awareness. 🌍✨ Now, let's talk about the achievements of one of the community's rare flowers, Victoria Flores 🌸 Victoria Flores, a blockchain enthusiast from Venezuela, radiates the warmth and brilliance of the tropics. After working as an executive assistant for many years, she stumbled upon #DAOLabs on Twitter and stepped into the world of social mining. Quickly rising in this field, Victoria has become an essential member of the community. 🌟 Victoria owes her success in social mining to her commitment to continuous learning and self-improvement. She strengthens her mining skills daily, adding value to DAO Labs' projects. Her motivation extends beyond earning cryptocurrencies; she aims to contribute to the community and inspire other miners. 📚💪 By offering unconditional support to her community and reaping the benefits of collaboration, Victoria advises new social miners to be persistent, infuse love into their work, and keep learning. Her approach has garnered great appreciation within the community and serves as an inspiration to many. 🌟 Victoria's success exemplifies the power of passion, dedication, and community support, providing a model for all social miners. And with these efforts, she continues to earn #USDT #MATIC✅ #KAVA and #WAXP You can find Victoria in the DAO Labs Global Telegram group, supporting her fellow miners or asking for support for a new tweet 👩‍💻💬 If you are interested in the blockchain world and want to be part of a global community, join DAO Labs. Here, you can connect with passionate and supportive people and grow together. 💫
DAO Labs' Social Mining hub hosts blockchain enthusiasts from all over the world. This community shares a common interest in blockchain technology, bringing together people from diverse cultures and backgrounds to work collaboratively on projects and raise awareness. 🌍✨

Now, let's talk about the achievements of one of the community's rare flowers, Victoria Flores 🌸
Victoria Flores, a blockchain enthusiast from Venezuela, radiates the warmth and brilliance of the tropics. After working as an executive assistant for many years, she stumbled upon #DAOLabs on Twitter and stepped into the world of social mining. Quickly rising in this field, Victoria has become an essential member of the community. 🌟

Victoria owes her success in social mining to her commitment to continuous learning and self-improvement. She strengthens her mining skills daily, adding value to DAO Labs' projects. Her motivation extends beyond earning cryptocurrencies; she aims to contribute to the community and inspire other miners. 📚💪
By offering unconditional support to her community and reaping the benefits of collaboration, Victoria advises new social miners to be persistent, infuse love into their work, and keep learning. Her approach has garnered great appreciation within the community and serves as an inspiration to many. 🌟
Victoria's success exemplifies the power of passion, dedication, and community support, providing a model for all social miners. And with these efforts, she continues to earn #USDT #MATIC✅ #KAVA and #WAXP

You can find Victoria in the DAO Labs Global Telegram group, supporting her fellow miners or asking for support for a new tweet 👩‍💻💬

If you are interested in the blockchain world and want to be part of a global community, join DAO Labs. Here, you can connect with passionate and supportive people and grow together. 💫
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Victoria Flores: A Beacon of Passion in DAOVERSE
This article was inspired by the story of SMOTH's latest guest, Victoria Flores.

DAOVERSE, ' hub, is home to blockchain enthusiasts from all corners of the world.
They share a common belief in blockchain technology and cryptocurrency, creating a colorful, energetic, and loving environment in a mosaic of different races, religions, languages, and cultures from different continents around the world.
This beautiful community, brought together by a passion for blockchain, supports DAO Labs' idea of social mining and works with the community to raise awareness in the Social Mining Hubs of DAO Labs projects. Project teams support Social Miners' work with token rewards. social miners earn $TONs for their labor. miners earn , and #KavaHub miners earn . Hub earns for their awareness work, and members receive $WAXP.
Social miners are rewarded on , DAO Labs' Hub for their work in $USDT because DAOVERSE's token has not yet been minted.

Before I introduce Victoria, who inspired this article, I would like to introduce you to a weekly event that miners are eagerly awaiting. In the social event, which we call SMotH for short, we learn the social mining story of a successful miner who adds value to the community with her contributions, the adventure that brought her to our community, and her advice to social miners. Amara is hosting this event, which miners are eagerly awaiting. She has an infectious cheerfulness. It's really hard to be sad around her. Her positive energy puts her guests at ease and adds a special color to the conversation with her jokes.

Now I'd like to introduce the star of my article.
Victoria Flores! Every miner in our community has a unique story. But some of us are really like rare flowers.
Our Victoria Flores is one of those rare flowers. She joins the community from South America. Venezuelan Victoria. And she has all the warmth and sparkle of the tropics. She lights up the group.
A hardworking, intelligent, and determined personality with a big heart defines our tropical Latin American flower. Victoria, who joined our telegram group with a DAO Labs tweet she stumbled upon on Twitter; and then realized that she was born as a social miner and took her place in the community, is getting stronger every day by improving her mining skills. As an administrative assistant for many years, Victoria's motivation stems from her passion for social mining.
One of the most important reasons for its development is its unconditional support to the miners in its community. She has benefited from all the blessings of working together while supporting her community.
Victoria advises new social miners to stay persistent, put love into their work, and constantly learn.
Victoria Flores' story inspires all aspiring social miners, exemplifying the impact of passion, commitment, and community support in Social Mining.
Let's take a look at what this dedicated Venezuelan miner has achieved in her work, which is more focused on learning.

For a closer look into Victoria Flores's life, please read the conversation article compiled by Amara on our blog.

https://www.daolabs.com/posts/the-roaring-kitty-of-social-mining

If you're curious about Victoria, I'm willing to bet you'll see her on the DAO Labs Global Telegram either supporting a fellow miner or sharing a message asking her friends to support her new tweet...

https://t.me/DaoLabs
WAX Blockchain: Innovation for Recognition and Growth in the Crypto WorldWAX Blockchain is a blockchain network that was launched in 2017 and aims to make e-commerce transactions faster, simpler and safer. Initially built on Ethereum, WAX later transitioned to its blockchain. Using the Delegated Proof-of-Stake (DPoS) consensus mechanism, it can operate without the need for miners, thus offering low transaction fees to its users. WAX describes itself as the ‘King of NFTs’ and aims to become the largest peer-to-peer (P2P) trading platform for digital goods such as games and in-game items. For example, Alien Worlds, one of the popular NFT projects, runs on the WAX blockchain. Users can create various decentralized applications (dApps), buy and sell NFTs, and play games through WAX. WAXP functions as the native cryptocurrency of the WAX platform and has various use cases within the network. Users can use the #WAXP coin to list items for sale, perform instant transactions, transfer and organize the transfer of virtual assets such as NFTs and tokens. In addition, $WAXP has a staking feature and users can earn additional token rewards by locking their assets. About 13 months ago, WAX collaborated with DAO Labs to open the WAX Hub and put social miners behind it. With this collaboration, WAX started to be recognized and grow faster.  So how did this happen? Is recognition so important? Yes, it is very important. Even the world's largest companies, the most well-known brands, spend millions of dollars every year on advertising.  However, in the cryptocurrency market, companies prioritize recognition within that market. At this point, DAO Labs comes into play. Thousands of social miners in its organization use social media to spread information about companies and innovations. Thus, announcements and developments are rapidly spread and heard on social media. In WAX Hub, there is a level system. New users receive a total of 1 rep when they complete five basic tasks and advance to LVL2. In this way, they can vote on tasks completed by other miners on the community board, which earns additional points for the task completers.  Now I would like to give you some statistical information covering these 13 months. In 13 months, the number of social miners registered to WAX Hub is 3,262. 1,571 X addresses were registered to the Hub. These miners collected  3,994,530 points, worth $39945. In addition to this total reward, various NFTs and raffle tickets were also distributed across different tasks. In total, 128 tasks were created and 11,264 tasks were submitted. During these 13 months, social miners made 80,920 reposts (formerly RT) from the WAX X account. The ratio of this number to the total number of reposts is 56.61%. In other words, approximately one out of every 2 reposts was made by Hub participants. There were 19,643 unique tweets about WAX. And these tweets received nearly 30 million impressions. If you want more detailed information, you can refer to the table below. As you can see in the graph below, 75% of the reposts made from the WAX x account in December were made by hubbers. These figures show how much social mining can contribute to a project. While companies focus on development, social miners do promotion and announcement work.  In this sense, DAO Labs offers great opportunities for both companies and content producers who want to earn additional income. And finally, I also want to display some data from successful miners. Through its robust platform and commitment to fostering a thriving ecosystem, WAX has positioned itself as a leader in facilitating efficient e-commerce transactions and pioneering the NFT marketplace. With the collaborative efforts of DAO Labs and the dedication of social miners within the WAX Hub, the platform has gained recognition and experienced significant growth. This underscores the importance of visibility and community engagement in the cryptocurrency market. As we reflect on the achievements of these past months and the invaluable contributions of social miners, it becomes evident that their efforts play a pivotal role in shaping the success of projects like WAX.

WAX Blockchain: Innovation for Recognition and Growth in the Crypto World

WAX Blockchain is a blockchain network that was launched in 2017 and aims to make e-commerce transactions faster, simpler and safer. Initially built on Ethereum, WAX later transitioned to its blockchain. Using the Delegated Proof-of-Stake (DPoS) consensus mechanism, it can operate without the need for miners, thus offering low transaction fees to its users.

WAX describes itself as the ‘King of NFTs’ and aims to become the largest peer-to-peer (P2P) trading platform for digital goods such as games and in-game items. For example, Alien Worlds, one of the popular NFT projects, runs on the WAX blockchain. Users can create various decentralized applications (dApps), buy and sell NFTs, and play games through WAX.

WAXP functions as the native cryptocurrency of the WAX platform and has various use cases within the network. Users can use the #WAXP coin to list items for sale, perform instant transactions, transfer and organize the transfer of virtual assets such as NFTs and tokens. In addition, $WAXP has a staking feature and users can earn additional token rewards by locking their assets.
About 13 months ago, WAX collaborated with DAO Labs to open the WAX Hub and put social miners behind it. With this collaboration, WAX started to be recognized and grow faster. 
So how did this happen? Is recognition so important?
Yes, it is very important. Even the world's largest companies, the most well-known brands, spend millions of dollars every year on advertising. 
However, in the cryptocurrency market, companies prioritize recognition within that market. At this point, DAO Labs comes into play. Thousands of social miners in its organization use social media to spread information about companies and innovations. Thus, announcements and developments are rapidly spread and heard on social media.
In WAX Hub, there is a level system. New users receive a total of 1 rep when they complete five basic tasks and advance to LVL2. In this way, they can vote on tasks completed by other miners on the community board, which earns additional points for the task completers. 
Now I would like to give you some statistical information covering these 13 months.
In 13 months, the number of social miners registered to WAX Hub is 3,262.
1,571 X addresses were registered to the Hub.
These miners collected  3,994,530 points, worth $39945.
In addition to this total reward, various NFTs and raffle tickets were also distributed across different tasks.
In total, 128 tasks were created and 11,264 tasks were submitted.

During these 13 months, social miners made 80,920 reposts (formerly RT) from the WAX X account. The ratio of this number to the total number of reposts is 56.61%. In other words, approximately one out of every 2 reposts was made by Hub participants.
There were 19,643 unique tweets about WAX. And these tweets received nearly 30 million impressions.
If you want more detailed information, you can refer to the table below.

As you can see in the graph below, 75% of the reposts made from the WAX x account in December were made by hubbers.

These figures show how much social mining can contribute to a project.
While companies focus on development, social miners do promotion and announcement work. 
In this sense, DAO Labs offers great opportunities for both companies and content producers who want to earn additional income.
And finally, I also want to display some data from successful miners.

Through its robust platform and commitment to fostering a thriving ecosystem, WAX has positioned itself as a leader in facilitating efficient e-commerce transactions and pioneering the NFT marketplace. With the collaborative efforts of DAO Labs and the dedication of social miners within the WAX Hub, the platform has gained recognition and experienced significant growth. This underscores the importance of visibility and community engagement in the cryptocurrency market. As we reflect on the achievements of these past months and the invaluable contributions of social miners, it becomes evident that their efforts play a pivotal role in shaping the success of projects like WAX.
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