Discover and read the best of Twitter Threads about #ASMB
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On top of being the most centralized crypto in existence (one iota coordinator controls all iota transactions), #iota is also the most active token printing machine. 🧵
#iota monetized its testnet, codename shimmer, printing 1.45 QUADRILLION new #smr tokens into existence, thus sabotaging its main token #miota.
Afterwards, shimmer denominated its supply by 1 million times, without as much as a community voting, and increased shimmer's supply by an additional 20% (iota is the FED of crypto, printing new tokens out of thin air because why TF not)
In this thread, I’m going to break down everything you need to know about the latest features on #Soonaverse
Staking on the Soonaverse
#SHIMMER #IOTA #FIREFLY @soon_labs #ASMB @iota
Staking on the Soonaverse
#SHIMMER #IOTA #FIREFLY @soon_labs #ASMB @iota
The first native token staking mechanism for Shimmer has been made available by The Soonaverse. The $SOON token will be the first to make use of this new feature.
Users will be able to stake $SOON in exchange for yield in the form of additional $SOON and access to specific Soonaverse features.
Users will initially be able to create #NFT collections, tokens, and upvote/downvote collections if they have a staking value of at least 10.
Users will initially be able to create #NFT collections, tokens, and upvote/downvote collections if they have a staking value of at least 10.
Assembly is a permissionless protocol to build, connect and deploy smart contracts on a feeless multi-chain network.
Built on a feeless trust anchor, the Assembly network is fully interoperable, with smart contracts able to freely transfer assets and data.
#Iota #Asmb #Shimmer
Built on a feeless trust anchor, the Assembly network is fully interoperable, with smart contracts able to freely transfer assets and data.
#Iota #Asmb #Shimmer
$ASMB Network Architecture is pretty solid
Why?
• Smart Contract Chains:
The sharded architecture allows for horizontal scaling. Anyone can define and create their own smart contract chain, tailored to their needs.
Why?
• Smart Contract Chains:
The sharded architecture allows for horizontal scaling. Anyone can define and create their own smart contract chain, tailored to their needs.
• The Assembly Network
A pool of validators that are rewarded to secure new smart contract chains and keep the network honest and safe.
• #IOTA Tangle
A DAG-based protocol where feeless transactions secure every smart contract execution and all actions are made immutable.
A pool of validators that are rewarded to secure new smart contract chains and keep the network honest and safe.
• #IOTA Tangle
A DAG-based protocol where feeless transactions secure every smart contract execution and all actions are made immutable.
📣 Announcement 📣
1/x We would like to inform you about the #NFT benefits of #GADAO collection! Thank you again for your interest in our joint project!
#IOTA #IOTAcommunity #IotaOrigin #SMR #ASMB #NFTCollection #NFT
1/x We would like to inform you about the #NFT benefits of #GADAO collection! Thank you again for your interest in our joint project!
#IOTA #IOTAcommunity #IotaOrigin #SMR #ASMB #NFTCollection #NFT
2/x NFT Benefits:
- #GADAO Expierience Boost
- Creatures rotating Bonuses
- Mining Mini Game
- $AUREUS Airdrop
- #GADAO Expierience Boost
- Creatures rotating Bonuses
- Mining Mini Game
- $AUREUS Airdrop
3/x GADAO Experience Boost:
Within GADAO, there will be several opportunities to take responsibility. NFT holders get a boost when they actively participate in problem solving and can thus take on more responsibility, manage funds or lead and shape projects...
Within GADAO, there will be several opportunities to take responsibility. NFT holders get a boost when they actively participate in problem solving and can thus take on more responsibility, manage funds or lead and shape projects...
1/n
I think we all agree that #IOTA / IF is doing great stuff but let's not underestimate the role of #Firefly on this journey. They've got so many great things in the pipeline🤯
Just listened to the 7th episode of @MoonacoPodcast with @c_varley . I'll try my best to summarize...
I think we all agree that #IOTA / IF is doing great stuff but let's not underestimate the role of #Firefly on this journey. They've got so many great things in the pipeline🤯
Just listened to the 7th episode of @MoonacoPodcast with @c_varley . I'll try my best to summarize...
@MoonacoPodcast @c_varley 2/n
* Voting mechanism out of Firefly:
this mechanism will be used further than deceiding what to do with the unclaimed tokens from the beginnings of IOTA. But in a way where u can't simply buy bags of MIOTA, vote for ur option and than sell & leave. The longer u stay at your...
* Voting mechanism out of Firefly:
this mechanism will be used further than deceiding what to do with the unclaimed tokens from the beginnings of IOTA. But in a way where u can't simply buy bags of MIOTA, vote for ur option and than sell & leave. The longer u stay at your...
@MoonacoPodcast @c_varley 3/n
... choice, the more weight does ur vote gain whereas switching ur opionion will continously decrease ur votes weight.
* Different coins in Firefly:
Firefly will (almost obviously) support #ASMB and #SMR and there will be additional "staking" opportunities shortly after...
... choice, the more weight does ur vote gain whereas switching ur opionion will continously decrease ur votes weight.
* Different coins in Firefly:
Firefly will (almost obviously) support #ASMB and #SMR and there will be additional "staking" opportunities shortly after...
Who's worried that #SMR and #ASMB might dilute the value of #IOTA? I'm certainly not and here's why. Time for another 🧵👇
Let's take a trip through the major releases on the @iota network since #chrysalis this April. 🧵(1/13)
Their brand new wallet, #Firefly, was released on April 21 in preparation for the token migration to the new #chrysalis network (#IOTA 1.0 -> #IOTA 1.5). (2/13)
firefly.iota.org
firefly.iota.org
Then the #chrysalis network (1.5) went live on April 28. The coordinator is still active, but this sets the stage for #coordicide (#IOTA 2.0) in the future. (3/13) blog.iota.org/the-new-chrysa…
