Mr. V | mariokondo.ethMoloch - The root of all problems?
1/ I listened to @Liv_Boeree on the @lexfridman podcast talking about #Moloch. It inspired me to write a Thread about this phenomenon & why this ancient demon god is responsible for so many problems we face today. 🧵 I hope you enjoy the thread and my thoughts about #MolochMoloch in Metropolis 1927Who is Moloch?2/ #Moloch originates from the Canaanite religion and was a demon god who gave power to tribes to win wars but in return, they had to sacrifice their children to Moloch. The essence is...
Mr. V | mariokondo.ethVitalik Buterin on Bankless - Ethereum in 2023
After a difficult year in the crypto space (bear market, Terra/Luna, FTX, 3AC) @RyanSAdams & @TrustlessState from @BanklessHQ want to know from @VitalikButerin how he envisions the upcoming 2023 for #Ethereum. 🧵 I summarized this awesome episode for you guys. Let's dive inEsperanto, Linux & CryptoVitalik wrote a blog post in 2011: Bitcoin, Esperanto, Linux or the Internet. He described a few possibilities for how Bitcoin (or in general the Crypto Space) will move forward. Will it be mas...
Mr. V | mariokondo.ethThe Network State - A worthy successor of the nation-state?
1/ Is there a successor to nation-states? @balajis proposes the idea of a #networkstate powered by #crypto #web3 technologies. We shouldn't assume that nation-states are eternal 🧵This Twitter thread summarizes the @BanklessHQ podcast & should help to understand this novel ideaThe Network Archipelago2/ Nation-States are only a few hundred years old after they replaced some form of monarchy in most areas. Do we need an alternative? @balajis argues that the post-world-war-era is ending & p...
A digital Mario Kondō: Digital marketeer from Switzerland who is good in complexity reduction and likes to clean up work processes.
Mr. V | mariokondo.ethMoloch - The root of all problems?
1/ I listened to @Liv_Boeree on the @lexfridman podcast talking about #Moloch. It inspired me to write a Thread about this phenomenon & why this ancient demon god is responsible for so many problems we face today. 🧵 I hope you enjoy the thread and my thoughts about #MolochMoloch in Metropolis 1927Who is Moloch?2/ #Moloch originates from the Canaanite religion and was a demon god who gave power to tribes to win wars but in return, they had to sacrifice their children to Moloch. The essence is...
Mr. V | mariokondo.ethVitalik Buterin on Bankless - Ethereum in 2023
After a difficult year in the crypto space (bear market, Terra/Luna, FTX, 3AC) @RyanSAdams & @TrustlessState from @BanklessHQ want to know from @VitalikButerin how he envisions the upcoming 2023 for #Ethereum. 🧵 I summarized this awesome episode for you guys. Let's dive inEsperanto, Linux & CryptoVitalik wrote a blog post in 2011: Bitcoin, Esperanto, Linux or the Internet. He described a few possibilities for how Bitcoin (or in general the Crypto Space) will move forward. Will it be mas...
Mr. V | mariokondo.ethThe Network State - A worthy successor of the nation-state?
1/ Is there a successor to nation-states? @balajis proposes the idea of a #networkstate powered by #crypto #web3 technologies. We shouldn't assume that nation-states are eternal 🧵This Twitter thread summarizes the @BanklessHQ podcast & should help to understand this novel ideaThe Network Archipelago2/ Nation-States are only a few hundred years old after they replaced some form of monarchy in most areas. Do we need an alternative? @balajis argues that the post-world-war-era is ending & p...
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A digital Mario Kondō: Digital marketeer from Switzerland who is good in complexity reduction and likes to clean up work processes.
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"#Crypto/web3 is only for greedy traders & has no use cases". Total BS and today I want to give you an example of why I love this ecosystem so much: https://indexafrica.io is the first African indexer on @graphprotocol and invented for Decentralized Philanthropy (#DePhi).
First, let's look at the @graphprotocol: The Graph is an indexing protocol for querying networks like #Ethereum and #IPFS via subgraph. If you are an indexer you receive query fees and indexing rewards each time someone uses the query you indexed
If you don't have to infrastructure run a node as an indexer, you can delegate money (#GRT token) to an indexer and strengthen the protocol security and scalability of the indexer. Additionally, the delegator receives a share from the indexer query fees
So far this is standard graph implementation. Now index-africa.eth comes along and contributes a portion of the indexer rewards to the https://goodworkfoundation.org. As a delegator, you also earn a portion of the rewards that your stake generated. Sounds abstract? It means that donations towards Good Work Foundation can be made via delegating GRT to Index Africa: Ending the constant need for further donations because the rewards are will be used continuously to fund Good Work Foundation.
It's a Win-Win-Win Situation: Index Africa earns from rewards, delegators can stake for as long as they want & receive delegator rewards, and most important: Good Work earns rewards & has a continuous stream of donations through rewards = Decentralized Philantrophy #DePhi
Since launching in January 2021, Index Africa has been testing the prototypical #DePhi model and to date has already impacted the lives of over 200 rural learners in South Africa. In time, these students will gain #web3 skills to leverage the power of the new ecosystem.
It's time to redefine #philanthropy by moving away from legacy donation models and towards a new model, where Delegators can play a part in funding entire learning centers and #web3 academies like @graphrica. True #Ubuntu mentality.
Recommended Reading:
"#Crypto/web3 is only for greedy traders & has no use cases". Total BS and today I want to give you an example of why I love this ecosystem so much: https://indexafrica.io is the first African indexer on @graphprotocol and invented for Decentralized Philanthropy (#DePhi).
First, let's look at the @graphprotocol: The Graph is an indexing protocol for querying networks like #Ethereum and #IPFS via subgraph. If you are an indexer you receive query fees and indexing rewards each time someone uses the query you indexed
If you don't have to infrastructure run a node as an indexer, you can delegate money (#GRT token) to an indexer and strengthen the protocol security and scalability of the indexer. Additionally, the delegator receives a share from the indexer query fees
So far this is standard graph implementation. Now index-africa.eth comes along and contributes a portion of the indexer rewards to the https://goodworkfoundation.org. As a delegator, you also earn a portion of the rewards that your stake generated. Sounds abstract? It means that donations towards Good Work Foundation can be made via delegating GRT to Index Africa: Ending the constant need for further donations because the rewards are will be used continuously to fund Good Work Foundation.
It's a Win-Win-Win Situation: Index Africa earns from rewards, delegators can stake for as long as they want & receive delegator rewards, and most important: Good Work earns rewards & has a continuous stream of donations through rewards = Decentralized Philantrophy #DePhi
Since launching in January 2021, Index Africa has been testing the prototypical #DePhi model and to date has already impacted the lives of over 200 rural learners in South Africa. In time, these students will gain #web3 skills to leverage the power of the new ecosystem.
It's time to redefine #philanthropy by moving away from legacy donation models and towards a new model, where Delegators can play a part in funding entire learning centers and #web3 academies like @graphrica. True #Ubuntu mentality.
Recommended Reading:
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