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:
Over the next few days I’m going to dive into different components of the ETH roadmap. ETH is primed for a few upgrades to its protocol in 2024 and it should be important to note them. This process will take many entries but I think keeping it short will not overwhelm myself and the reader.
First, let’s take a look at why ETH needs upgrades. 1 reason is to reduce fees. This will make the user experience better as a whole. This starts with how data is compiled and stored on ETH.
Here are stats direction from ethereum.org:
Transaction costs
Today’s rollups are ~3-8x cheaper than Ethereum layer 1
ZK-rollups will soon lower fees by ~40-100x
Upcoming changes to Ethereum will provide another ~100-1000x of scaling
Users should benefit from transactions costing less than $0.001
Right now, layer 2s use roll-up to store data and transaction on Ethereum. However, this data is permanent which causes larger fees for data storage. Ethereum is planning on introducing Proto-Danksharding. Do not get overwhelmed by the name. It is simply a way for users to store their large sums of data in “blobs.” Yes a “blob.” HAHA
“Blobs are cheaper because they are not permanent; they get deleted from Ethereum once they are no longer needed. Storing rollup data long term becomes the responsibility of the people that need it, such as rollup operators, exchanges, indexing services etc.”
In time, it could be possible to add many blobs in the protocol and significantly decrease transactions by possibly 100x.
Gratitude:
Going through an apartment search currently. Sometimes it could be stressful, but I remember last year this same situation being hell. This one is much more manageable.
Affirmations:
I will run the 2024 NYC marathon under 4:00:00
I will grow my blog by 10% every month using web3 marketing tools.
Miracle morning:
Read: yes
Meditate: yes
Workout: yes (run and chest)
Gratitude: yes
Affirmations: yes
Make my bed: yes
One thing I learned today:
Over the next few days I’m going to dive into different components of the ETH roadmap. ETH is primed for a few upgrades to its protocol in 2024 and it should be important to note them. This process will take many entries but I think keeping it short will not overwhelm myself and the reader.
First, let’s take a look at why ETH needs upgrades. 1 reason is to reduce fees. This will make the user experience better as a whole. This starts with how data is compiled and stored on ETH.
Here are stats direction from ethereum.org:
Transaction costs
Today’s rollups are ~3-8x cheaper than Ethereum layer 1
ZK-rollups will soon lower fees by ~40-100x
Upcoming changes to Ethereum will provide another ~100-1000x of scaling
Users should benefit from transactions costing less than $0.001
Right now, layer 2s use roll-up to store data and transaction on Ethereum. However, this data is permanent which causes larger fees for data storage. Ethereum is planning on introducing Proto-Danksharding. Do not get overwhelmed by the name. It is simply a way for users to store their large sums of data in “blobs.” Yes a “blob.” HAHA
“Blobs are cheaper because they are not permanent; they get deleted from Ethereum once they are no longer needed. Storing rollup data long term becomes the responsibility of the people that need it, such as rollup operators, exchanges, indexing services etc.”
In time, it could be possible to add many blobs in the protocol and significantly decrease transactions by possibly 100x.
Gratitude:
Going through an apartment search currently. Sometimes it could be stressful, but I remember last year this same situation being hell. This one is much more manageable.
Affirmations:
I will run the 2024 NYC marathon under 4:00:00
I will grow my blog by 10% every month using web3 marketing tools.
Miracle morning:
Read: yes
Meditate: yes
Workout: yes (run and chest)
Gratitude: yes
Affirmations: yes
Make my bed: yes
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