Early and OftenSynaptic Health Alliance
Why the Alliance: The Synaptic Health Alliance is a unique collaboration between industry-leading companies with various roles between vendor/client, provider/network, and competitors within the healthcare ecosystem. The alliance is committed to build a framework to solve widespread data management issues within the healthcare ecosystem through the use of blockchain technology. The Problem The Synaptic Health Alliance was formed by Humana, MultiPlan, Optum, Quest Diagnostics, and United Healt...
Early and OftenEarly and Often: The Daily 56/ Taxes
SubscribeOne thing I learned today: Why is filing taxes so complicated? It’s hard not to think about how blockchain could not solve this aged problem. Using a DLT system you could easily track every single transaction and tax in real time. For example, on February 1 when you file your taxes, every single transaction and investment that you made would be on the public ledger. Therefore, all you would have to do is press “File” and the software would extract all your pay slips to create your w-...
Early and OftenEarly and Often: The Daily 61/ PartyRoom
One thing I learned today: PartyRoom is a way for users in web3 to create a monetized group chat. It’s built on base and it launched about 5 hours ago. It’s actually pretty cool because the more members that join the more expensive it is for the next mint. Also, it operates like a DAO where proposals can be made on NFTs or trades for the group wallet. Will be interesting to see how it goes. This is not financial advice. This is just a review of an app on the Base blockchain. Any readers shoul...
Early and OftenSynaptic Health Alliance
Why the Alliance: The Synaptic Health Alliance is a unique collaboration between industry-leading companies with various roles between vendor/client, provider/network, and competitors within the healthcare ecosystem. The alliance is committed to build a framework to solve widespread data management issues within the healthcare ecosystem through the use of blockchain technology. The Problem The Synaptic Health Alliance was formed by Humana, MultiPlan, Optum, Quest Diagnostics, and United Healt...
Early and OftenEarly and Often: The Daily 56/ Taxes
SubscribeOne thing I learned today: Why is filing taxes so complicated? It’s hard not to think about how blockchain could not solve this aged problem. Using a DLT system you could easily track every single transaction and tax in real time. For example, on February 1 when you file your taxes, every single transaction and investment that you made would be on the public ledger. Therefore, all you would have to do is press “File” and the software would extract all your pay slips to create your w-...
Early and OftenEarly and Often: The Daily 61/ PartyRoom
One thing I learned today: PartyRoom is a way for users in web3 to create a monetized group chat. It’s built on base and it launched about 5 hours ago. It’s actually pretty cool because the more members that join the more expensive it is for the next mint. Also, it operates like a DAO where proposals can be made on NFTs or trades for the group wallet. Will be interesting to see how it goes. This is not financial advice. This is just a review of an app on the Base blockchain. Any readers shoul...
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One thing I learned today:
Currently validators need to stake 32 ETH on the Ethereum network to attest and validate transactions on the network. However, the current process for a validator to stop operations or stop validating transactions is quite difficult. EIP-7002 aims to make that process easier.
Validator Set-up:
Validators use two-keys:
Active Key (Hot): Actively signs blocks and veriffies transactions
Withdrawal Credential (Cold): This key controls the staked funds and rewards.
Currently only the Active Key can initiate an exit to staking yet the Withdrawal Key is what ultimately holds all the ETH of the validator.
If the owner of the withdrawal key wants to exit then they have to do so with the consent of the active key holder. This could result in trust issues or inefficient workarounds to pre-signed exits.
Also, if the active key holder loses his keys then those the withdrawal key may not be able to recover their funds that are staked.
This EIP proposal will create a safer environment for validators and ultimately make the exit process for validators more fluid and less dependent on active key wallet management.
Affirmations:
I will run the NYC marathon under 4:00:00 and exceed my fundraising goal
I will grow my blog by 10% every month using web3 marketing tools
Gratitude:
Please let this be the last cold day in NYC. I’m eagerly grateful that summer is around the corner lol
Miracle Morning:
Read: no
Meditate: no
Make my bed: yes
Workout: yes (run and lift)
Affirmations: yes
Gratitude: yes
One thing I learned today:
Currently validators need to stake 32 ETH on the Ethereum network to attest and validate transactions on the network. However, the current process for a validator to stop operations or stop validating transactions is quite difficult. EIP-7002 aims to make that process easier.
Validator Set-up:
Validators use two-keys:
Active Key (Hot): Actively signs blocks and veriffies transactions
Withdrawal Credential (Cold): This key controls the staked funds and rewards.
Currently only the Active Key can initiate an exit to staking yet the Withdrawal Key is what ultimately holds all the ETH of the validator.
If the owner of the withdrawal key wants to exit then they have to do so with the consent of the active key holder. This could result in trust issues or inefficient workarounds to pre-signed exits.
Also, if the active key holder loses his keys then those the withdrawal key may not be able to recover their funds that are staked.
This EIP proposal will create a safer environment for validators and ultimately make the exit process for validators more fluid and less dependent on active key wallet management.
Affirmations:
I will run the NYC marathon under 4:00:00 and exceed my fundraising goal
I will grow my blog by 10% every month using web3 marketing tools
Gratitude:
Please let this be the last cold day in NYC. I’m eagerly grateful that summer is around the corner lol
Miracle Morning:
Read: no
Meditate: no
Make my bed: yes
Workout: yes (run and lift)
Affirmations: yes
Gratitude: yes
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