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Most blockchains ask validators to see everything. ELVES changes that. The research team at Web3 Foundation built ELVES so that a random subset of validators can verify each block, rather than the full set, unless needed. Each validator does less work, but the network as a whole does more....

33,218 次观看 • 4 个月前 •via X (Twitter)

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Most $TAO holders staking right now are trusting the wrong validators. Not because they are careless. Because nobody explained what the numbers on the Validators page actually mean. There is a tool inside Taostats that shows you exactly which validators are genuinely working and which ones are collecting your emissions without contributing anything to the network. It is free. It is live. And almost nobody is using it correctly. Here is exactly how to read it. Step 1: Understand what Dominance actually measures. Dominance is not popularity. It is not a ranking of which validator is best. It describes a validator's Stake Weight as a percentage of all validator stake weights combined across the network. Stake Weight is calculated as: root stake multiplied by 0.18, plus all alpha staked across subnets converted into TAO. Root stake is deliberately discounted at 18 percent of its face value. Alpha stake carries the full weight. This means a validator with deep subnet-level staking is structurally more powerful than one sitting purely on root, even if their raw TAO numbers look similar on the surface. When you see a validator with rising Dominance over time, it is not just getting more popular. It is getting more alpha stake directed toward it across active subnets. That is a meaningful signal about where serious capital is moving inside the network. Step 2: Check the Take percentage before you delegate anything. Take is the percentage of emissions the validator keeps for itself. Everything above that number flows to you as a nominator. A validator with a 18 percent Take keeps 18 percent of the emissions their position generates and distributes the remainder to stakeholders. A validator with a 50 percent Take is keeping half of what your stake earns. Most people never look at this number before delegating. It is the first number you should check. A high Take is not automatically a red flag if the validator is genuinely performing well and contributing to the network. But a high Take combined with low VTrust in their subnet performance page is the exact combination that should make you move your stake immediately. Step 3: Open the Validator Performance page and find the VTrust score. This is the number most holders never see. VTrust measures how closely a validator's weight assignments align with the honest stake-weighted majority across the network inside each subnet they operate in. Validators are responsible for evaluating miner output and assigning scores. Those scores go into Yuma Consensus and determine which miners earn emissions. A validator doing genuine evaluation work will have weights that align closely with the honest consensus. High VTrust. Consistent emissions. Reliable nominator returns. A validator that is weight copying, meaning they are simply copying the Yuma consensus scores back onto themselves rather than doing real evaluation, will show a flagged return on Taostats. Their nom/24hr/1k TAO score appears in red. This is Taostats telling you directly: this validator is extracting value from the network without contributing to it. When you stake to a weight copying validator, you are funding a free rider. Step 4: Watch the 24hr Nominator Change column. This number moves fast and it tells you something before any other signal does. A validator losing nominators over consecutive days is a validator that informed stakers are quietly leaving. A validator gaining nominators rapidly while their VTrust is healthy is a validator attracting attention for the right reasons. The 24hr column is the on-chain version of sentiment before sentiment becomes a narrative on social media. Step 5: Check Active subnets alongside Total Weight. Active tells you the number of subnets where the validator has a parent or child hotkey running. A validator with high Total Weight but low Active subnets is concentrated. They are running a specific strategy in specific markets. A validator with broad Active coverage across many subnets is building a wider surface area for emissions and is more exposed to the overall network performance rather than any single subnet cycle. Neither is inherently better. But knowing which type of validator you are delegating to tells you what you are actually betting on when you stake. Step 6: Check the Weight Change column over time. Total Weight is a snapshot. Weight Change is momentum. A validator with stable or growing Total Weight over consecutive days is attracting net new stake consistently. A validator with declining Weight Change is losing stake faster than it is gaining it. Most people look at the current number. The people positioning correctly are watching which direction the number is moving and how fast. The difference between a good validator and a dangerous one is not obvious from the outside. It is not the name. It is not the size. It is the VTrust score, the Take percentage, the nominator trend, and whether Taostats is showing their return in red or not. Every one of those signals is sitting on the Validators page right now. Free. Live. Updated every block. The investors who read the data layer before the narrative layer will not need to explain their staking decisions later. Open Taostats tonight. You will want to find this post when you do.

2xnmore

11,771 次观看 • 3 个月前

After an incredibly successful week at Token2049, the highlight was undoubtedly presenting our SPIN whitepaper at the Bleeding Edge Summit! While still waiting for the official video, we would like to share a recording from the audience. With SPIN, we're introducing a revolutionary approach to building proof-of-stake blockchains. There is a well-known chicken and egg problem when it comes to launching a new proof-of-stake blockchain. You need high value at stake to achieve economic security, but at the same time, for achieving that, you already need to be secure. With SPIN, you can borrow security from well-established networks such as Polkadot or Ethereum. Unlike a Layer 2, which completely gives up chain sovereignty and frequently sacrifices scalability and throughput to satisfy Layer 1 validation protocols, SPIN maintains full sovereignty of the Fast Chain while still benefiting from the security of the Anchor Chain. Our SPIN protocol addresses this fundamental challenge by enabling a fast, sovereign chain to maintain and grow its economic security with its own validator network, while simultaneously leveraging an established anchor chain to provide a second layer of finality. With SPIN, we take an unlimited set of stakers, reduce it to a limited set of validators who can run very quickly, producing a consecutive sequence of blocks during their staker period. This design allows for blocks with very small block times, as low as 0.1 seconds and beyond. Our full SPIN whitepaper will be released soon.

QF Network

25,547 次观看 • 1 年前

Most $SUI holders know one thing about the token: total supply is capped at 10 billion. They have never read the mechanic that makes that cap matter. It is called the Storage Fund. And it is the most important thing in the $SUI tokenomics docs that nobody is talking about. Here is exactly how it works: Every time a transaction adds data to the Sui blockchain, the user pays a storage fee. That fee does not go to validators directly. It goes into the Storage Fund, a pool of SUI that never fully depletes. Here is where it gets interesting. The Storage Fund has its own stake in the network. It earns staking rewards the same way every other stakeholder does. Those rewards are then distributed to validators to compensate them for storing historical data. This solves a problem every other blockchain ignores: When a new validator joins Sui, they have to store all the historical data from transactions that happened before they existed. Why would a new validator pay to store someone else's old data? The Storage Fund pays them for it. Past users who created the storage requirements in the first place funded the pool. Future validators get compensated from that pool indefinitely. The fund pays out only the returns on its capital, never the principal. It cannot be drained. It is designed to survive forever. Now here is the part that directly connects to $SUI token value. The Sui docs state this explicitly: Deflation is a feature of Sui, not a bug. Here is why: Total supply is capped at 10 billion SUI. As network activity increases, more transactions are processed. More transactions mean more storage fees flowing into the Storage Fund. As the Storage Fund grows, it holds more SUI. More SUI held in the fund means less SUI in active circulation. Less circulating supply against the same or growing demand means the value of each SUI token increases. Network growth directly reduces circulating supply. That is not speculation. That is the economic model built into the protocol at the architecture level. One more detail worth knowing: If you delete data you stored on chain, you receive a partial refund of your original storage fees. The system charges for storage, rewards deletion, and compounds the fund's stake indefinitely. Most people holding $SUI today are pricing the speed narrative: The parallel transaction processing. The sub-second finality. The Move language safety. They have not started pricing the storage fund deflation mechanic. That gap between what the tokenomics actually does and what the market currently understands is where the long-term thesis lives. The people who read the docs always buy before the people who read the price.

2xnmore

47,695 次观看 • 4 个月前

Raiinmaker Testnet Validator Airdrop (RaiinDrop) 🪂☂️ We're delighted to announce the $COIIN Testnet Validator Airdrop (Raiindrop). It's time to reward Raiinmaker's most loyal users & validators with an opportunity to receive an allocation of COIIN tokens via our Raiindrop. But before we can tell you about the Raiindrop we need to dive into what Raiinmaker actually is and what we do. In this post, we'll cover: → What is Raiinmaker? → Why Raiinmaker? → $COIIN Airdrop Info. → Future Plans. What is Raiinmaker? Raiinmaker is split in two different avenues. → Raiinmaker Network → Raiinmaker App Raiinmaker Network The Raiinmaker Network utilizes decentralized AI and scalable Web3 powered infrastructure to transform the distribution of value tied to authentic identity, data and behaviour. Raiinmaker App Built on the Raiinmaker Network, our AI powered Super App rewards users for generating AI content, training AI models and operating a mobile DePIN Node that provides decentralized compute and network validation. Why Raiinmaker & What's All The Hype About? → DePin & AI Focused → 15 million+ Transactions on the network → 150k+ Nodes → 120k+ Transaction per second (TPS) → Partnered with Disney, The Boeing Company & Oracle → Powered By 1 Token You now have the chance to be an early adopter and to secure your allocation of that very token: → $COIIN How Can YOU Participate In The $COIIN Airdrop? We have reserved an allocation of Coiin tokens for our most loyal users and validators. How to participate: → Follow Raiinmaker on Discord & X → Sign up on → Download the Raiinmaker App → Claim a wallet → Register as a Validator → Link your Raiinmaker account to → Claim a wallet with Bitcoin, Ethereum, Solana, or Azuki NFT Upcoming Plans: 2024 is set to be our biggest year, here at Rainmaker, from the Coiin TGE to enterprise application deployments. Here is what we're getting up to: Coiin TGE & Raiinmaker Network Mainnet - Public launch of $COIIN with full utility of the Raiinmaker Network including rewards for node validators. Enterprise Application Deployment - Full integration and launch of multiple large scale enterprise partners on the Raiinmaker Network. AI Decentralized Compute - Integration of Raiinmaker Network nodes and validator infrastructure with AI systems to provide compute, powered by $COIIN. AI Network Features - AI Model Training, Data Labelling, and Beta DePIN node deployment. Learn more about our Raiindrop:

Raiinmaker

43,075 次观看 • 2 年前

The value of the work we're doing at Optimum is encapsulated quite well by the phrase "speed is money". In modern markets there are real economic advantages to latency reduction. This is nothing new. Wall Street firms have long been optimizing on latency, primarily through colocation and top of the line hardware. However, when it comes to decentralized systems, expensive hardware and geographic concentration are antithetical to their purpose. Therefore we should optimize decentralized network latency through software, which I'm thrilled about because it's exactly what I've spent the better part of the past 2 decades working on with Random Linear Network Coding. Now let’s talk about networking economics, the relationship between speed and money. First, it's important to note that users will only pay for low latency if it can be consistently guaranteed. Second, you can only make that latency guarantee for a certain number of users. This is a universal law of networking. We can model this relationship on a delay curve, shown below. The delay curve is determined by the utilization rate of the network, meaning how much traffic is flowing through the network divided by the network's throughput. As you approach a level of traffic equal to the available throughput, latency trends infinitely higher. On this delay curve we can impose some utility thresholds. These thresholds are the levels of latency which are important to different groups of users because of how that latency guarantee improves their economic outcomes. Finding the point on the curve where each threshold intersects will tell us what level of traffic we can guarantee that level of latency for. Essentially, there exists a finite supply of speed on a network and the highest utility users of that speed are willing to pay more for it. I like to think of this similarly to expedited shipping options on Amazon. This is why we say speed is money, and why we can create a Latency Marketplace. The only way to increase the supply of speed is to fundamentally increase network throughput. This is what we work on at Optimum by using Random Linear Network Coding. The same relationship between traffic and throughput still applies, but now the delay curve is shifted out further to the right. Now more traffic can be processed at the same latency, or the same traffic can be processed at a lower latency. More speed available to the network. More value unlocked for the network’s users. Crucially, that value is no longer only reserved for those who can afford to sit closest to the machine. Expanding the supply of speed widens who can reach each latency threshold, keeping the network's advantage decentralized rather than concentrated in the hands of a few. When nodes join Optimum and participate, they reap the benefits, but they also add to the capacity. Rather than vying against each other in a zero-sum game, nodes help themselves and others.

Muriel Medard

45,497 次观看 • 2 个月前

Most $SUI holders know the supply is capped at 10 billion. They have never read the mechanic that turns network growth into permanent scarcity. It is called the Storage Fund. It is the most important thing in the $SUI docs that almost nobody is talking about. Here is exactly how it works. Every time a transaction adds data to the Sui blockchain, the user pays a storage fee. That fee does not go to validators. It does not get burned and forgotten. It flows into the Storage Fund. A permanent pool of SUI that never fully depletes. The Fund stakes itself like any other holder and earns staking rewards. Those rewards get paid to validators to cover the cost of storing historical data that existed before they joined the network. This quietly solves the fatal flaw every other L1 eventually hits. New validators are forced to store years of old state they had zero part in creating. Most chains make that someone else's problem. That leads to centralization, rising costs, and eventual collapse of the validator set. Sui makes past users pay for it. Forever. The Fund spends only its returns. Never the principal. It is designed to outlast the network itself. Now connect the dots to price. Every new object created on chain generates storage fees. More fees means a bigger Fund. A bigger Fund means more SUI permanently locked away from circulation. Network growth does not just increase demand. It structurally reduces supply through the protocol itself. Most holders are pricing parallel execution, sub-second finality, and Move language safety. They have not started pricing the deflationary flywheel that turns real usage into permanent scarcity. That gap between what the docs actually engineered and what the market currently understands is where the multi-year thesis lives. The people who read the docs always buy before the people who read the price.

2xnmore

12,744 次观看 • 4 个月前