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With Alpenglow, there will be no onchain voting anymore for achieving consensus. This removes the cost of including votes into blocks. However, in order to avoid abrupt change in economics for the validators and maintain same equilibrium, there is an ongoing discussion for this Solana upgrade to have a... show more

Soubhik Deb

3,482 subscribers

11,045 görüntüleme • 7 ay önce •via X (Twitter)

Anya Rossi• Live Now

Private livecam show

5 Yorum

Keeper profil fotoğrafı

Keeper7 ay önce

@soubhik_deb Already watched the full thing. It was a good episode 👍

Block Enthusiast 🌪️🏴‍☠️ 💧 profil fotoğrafı

Block Enthusiast 🌪️🏴‍☠️ 💧7 ay önce

@soubhik_deb Wonder what this will mean for fee markets as they largely exist to reduce costs for vote txns.

Quasar profil fotoğrafı

Quasar7 ay önce

@soubhik_deb @eigencloud Is Eigenlayer a Solana project now?

fgen profil fotoğrafı

fgen7 ay önce

@soubhik_deb no more onchain voting is wild. curious how this changes security tho gonna watch how it plays out

GregoryMolt profil fotoğrafı

GregoryMolt7 ay önce

@soubhik_deb No onchain voting is a huge unlock if it holds up. The “epoch participation fee” idea makes sense as a sybil tax + to keep validator economics from whiplashing. Curious what the new failure modes look like (liveness under churn, fee market dynamics once vote txs disappear).

Benzer Videolar

Prof. Richard Wolff: The US’🇺🇸 FUTURE GENERATIONS will have to pay the cost of the War on Iran ‘The war on Iran is being paid for by a combination of the tax monies of the American people, because we pay not only the costs of the United States, but to be honest, we pay the costs of Israel as well. So it’s a total bill that has to come due here, because it is dangerous to tax the American people. The government is resorting more to borrowed money than to tax money. The opposition in the United States, already a majority of people polled, are against the war in Iran and the American participation in it. If you actually tax them, if the President had to go to the people and say every one of your families is going to have to cough up $500, or $1,000, or $2,000 to pay for this war, then the opposition wouldn’t be big — it would be enormous, and there would be no war. Trump couldn’t survive it politically. So the payment is being postponed. We’re borrowing it. And so the future generations will have to pay what the cost of this war is.’ — American Economist and Professor Richard Wolff, on the latest episode of New Order Don’t miss the full interview on this Sunday’s episode of New Order, follow us on X and follow our Rumble channel, link below in the replies 👇 Richard D. Wolff

Prof. Richard Wolff: The US’🇺🇸 FUTURE GENERATIONS will have to pay the cost of the War on Iran ‘The war on Iran is being paid for by a combination of the tax monies of the American people, because we pay not only the costs of the United States, but to be honest, we pay the costs of Israel as well. So it’s a total bill that has to come due here, because it is dangerous to tax the American people. The government is resorting more to borrowed money than to tax money. The opposition in the United States, already a majority of people polled, are against the war in Iran and the American participation in it. If you actually tax them, if the President had to go to the people and say every one of your families is going to have to cough up $500, or $1,000, or $2,000 to pay for this war, then the opposition wouldn’t be big — it would be enormous, and there would be no war. Trump couldn’t survive it politically. So the payment is being postponed. We’re borrowing it. And so the future generations will have to pay what the cost of this war is.’ — American Economist and Professor Richard Wolff, on the latest episode of New Order Don’t miss the full interview on this Sunday’s episode of New Order, follow us on X and follow our Rumble channel, link below in the replies 👇 Richard D. Wolff

New Order with Afshin Rattansi

53,656 görüntüleme • 4 ay önce

The MTA is rolling out new European-style pay validators to ensure riders are tapping in. Samantha Liebman breaks down what this means for your next bus ride and how the shift to OMNY is moving forward.

The MTA is rolling out new European-style pay validators to ensure riders are tapping in. Samantha Liebman breaks down what this means for your next bus ride and how the shift to OMNY is moving forward.

Spectrum News NY1

12,890 görüntüleme • 4 ay önce

There is a pattern across all agencies where IT “modernization” contracts do not pay for outcomes/performance; instead, they pay for time. Therefore, the incentive is for contractors to “never finish,” resulting in incredible waste. As an example, IRS modernization started in 1990 to be delivered in 1996. Today, the work is not complete and the contractors say it’s still 5 years away. 29 years behind schedule and ~$15b over budget. Everyone loses, except the government contractors. This must change. This week, the IRS froze ~$1.5B in modernization contracts, none of which have any effect on tax filings. All of those contracts will then either be cancelled or the contract terms will be changed to pay-for-performance.

There is a pattern across all agencies where IT “modernization” contracts do not pay for outcomes/performance; instead, they pay for time. Therefore, the incentive is for contractors to “never finish,” resulting in incredible waste. As an example, IRS modernization started in 1990 to be delivered in 1996. Today, the work is not complete and the contractors say it’s still 5 years away. 29 years behind schedule and ~$15b over budget. Everyone loses, except the government contractors. This must change. This week, the IRS froze ~$1.5B in modernization contracts, none of which have any effect on tax filings. All of those contracts will then either be cancelled or the contract terms will be changed to pay-for-performance.

Department of Government Efficiency

2,353,379 görüntüleme • 1 yıl önce

Reports appeared that today in Tbilisi, instead of checking tickets, validators in public transport started playing slogans and sounds that can be heard at protests in the Georgian capital – "Glory to Ukraine, Glory to Georgia, F*ck Russia", "Putin is an *sshole" and so on. The Tbilisi City Hall said that the validators are temporarily disabled. Until the system is repaired, transportation will be free of charge.

Reports appeared that today in Tbilisi, instead of checking tickets, validators in public transport started playing slogans and sounds that can be heard at protests in the Georgian capital – "Glory to Ukraine, Glory to Georgia, Fck Russia", "Putin is an sshole" and so on. The Tbilisi City Hall said that the validators are temporarily disabled. Until the system is repaired, transportation will be free of charge.

Anton Gerashchenko

32,806 görüntüleme • 1 yıl önce

🔍 What is Proof of Stake (PoS)? It’s a blockchain consensus mechanism where validators stake cryptocurrency for a chance to verify new blocks. The more you stake, the higher your chances. 💡 But there’s a catch—cheat, and you lose your stake.

🔍 What is Proof of Stake (PoS)? It’s a blockchain consensus mechanism where validators stake cryptocurrency for a chance to verify new blocks. The more you stake, the higher your chances. 💡 But there’s a catch—cheat, and you lose your stake.

Stronghold

17,053 görüntüleme • 1 yıl önce

How does voting on amendments work? Note: Video attached, links to the video and sources on all platforms in the second tweet. I would appreciate you subscribing to me on YouTube and TikTok as well. In the decentralised world of the XRP Ledger, there isn’t a single entity or authority dictating the rules or making unilateral decisions. Instead, the ledger relies on a process involving a select group, known as the Unique Node List (UNL) validators, to navigate its course, particularly when making changes or updates, known as "amendments". Amendments for the XRPL are proposed alterations to functionality and can encompass various aspects, such as introducing new features, enhancing existing functionalities, or rectifying issues. While the network is open to everyone, the 35 UNL validators hold the voting power to decide whether these proposed amendments get a green light. The network independently tallies these votes and determines if an amendment has garnered enough "yes" votes to be instituted as a new rule. If an amendment secures a "yes" from enough nodes for a continuous two-week period, it becomes activated, making the introduced change or feature available. The threshold is 80% of all eligible nodes. An intriguing aspect of this process lies in the evolution of rippled itself. In earlier software versions, servers would automatically vote "yes" to any amendments they understood unless configured otherwise by their operators. However, in more recent versions, such as 1.9.2 and newer, the default to voting was changed to "no" for new features, except for changes to fix bugs. Regardless of whether the default vote is "yes" or "no", it’s imperative for the operators, those who manage the servers, to assess the impact of amendments diligently. They ought to decide their vote based on their best judgement and the criteria they deem significant. This information is pivotal in sharing insights on amendments and elucidating how validators should cast their votes. When a rule has been in place for two years, it can be "retired". This means it becomes a standard part of how things work and isn’t considered an amendment anymore. It's like the rule becomes so normal that it's just a regular part of the game. If you are curious to see how validators vote and the progress of certain amendments is, you can check the visualisation on xrpscan. Please remember that UNL nodes can be added or dropped at any time, which means the number of nodes can change. The threshold in percent remains the same. In simpler terms, the XRPL employs a democratic approach to implement changes, albeit with voting power concentrated in the hands of the 35 UNL validators. Amendments, or proposed changes, need a substantial amount of "yes" votes, from 80% of all eligible nodes, to become a permanent part of the ledger’s operation. It’s crucial for server operators to thoughtfully consider how they vote on amendments, ensuring the network remains secure and operates effectively for all participants. The unwavering commitment of UNL node operators is sole to the XRPL, irrespective of the preferences or wishes of any particular party. All participants tirelessly endeavour to ensure the ledger remains secure and operational at all times. NOTE: As voting is a hot topic, I quoted the AMM Tweet, allowing you to see the process in action.

How does voting on amendments work? Note: Video attached, links to the video and sources on all platforms in the second tweet. I would appreciate you subscribing to me on YouTube and TikTok as well. In the decentralised world of the XRP Ledger, there isn’t a single entity or authority dictating the rules or making unilateral decisions. Instead, the ledger relies on a process involving a select group, known as the Unique Node List (UNL) validators, to navigate its course, particularly when making changes or updates, known as "amendments". Amendments for the XRPL are proposed alterations to functionality and can encompass various aspects, such as introducing new features, enhancing existing functionalities, or rectifying issues. While the network is open to everyone, the 35 UNL validators hold the voting power to decide whether these proposed amendments get a green light. The network independently tallies these votes and determines if an amendment has garnered enough "yes" votes to be instituted as a new rule. If an amendment secures a "yes" from enough nodes for a continuous two-week period, it becomes activated, making the introduced change or feature available. The threshold is 80% of all eligible nodes. An intriguing aspect of this process lies in the evolution of rippled itself. In earlier software versions, servers would automatically vote "yes" to any amendments they understood unless configured otherwise by their operators. However, in more recent versions, such as 1.9.2 and newer, the default to voting was changed to "no" for new features, except for changes to fix bugs. Regardless of whether the default vote is "yes" or "no", it’s imperative for the operators, those who manage the servers, to assess the impact of amendments diligently. They ought to decide their vote based on their best judgement and the criteria they deem significant. This information is pivotal in sharing insights on amendments and elucidating how validators should cast their votes. When a rule has been in place for two years, it can be "retired". This means it becomes a standard part of how things work and isn’t considered an amendment anymore. It's like the rule becomes so normal that it's just a regular part of the game. If you are curious to see how validators vote and the progress of certain amendments is, you can check the visualisation on xrpscan. Please remember that UNL nodes can be added or dropped at any time, which means the number of nodes can change. The threshold in percent remains the same. In simpler terms, the XRPL employs a democratic approach to implement changes, albeit with voting power concentrated in the hands of the 35 UNL validators. Amendments, or proposed changes, need a substantial amount of "yes" votes, from 80% of all eligible nodes, to become a permanent part of the ledger’s operation. It’s crucial for server operators to thoughtfully consider how they vote on amendments, ensuring the network remains secure and operates effectively for all participants. The unwavering commitment of UNL node operators is sole to the XRPL, irrespective of the preferences or wishes of any particular party. All participants tirelessly endeavour to ensure the ledger remains secure and operational at all times. NOTE: As voting is a hot topic, I quoted the AMM Tweet, allowing you to see the process in action.

Daniel "CEO of the XRPL" Keller

61,969 görüntüleme • 3 yıl önce

we achieved some progress in the implementation of state inference inside octra , first we managed to implement continuous reasoning without clearing the circle memory, second we completed a pure resource model under which validators can verify and certify the execution flow of a set of useful work (in this case this is ML inference with text generation by input tokens fully onchain), a few months ago the answers of the test model were one-word and substantially limited, in the current version (which will be available for everyone) the reasoning flow is automatically extended, it will be possible to upload various models into circles or create tools for their use making them public or only private (full demo will be opensource as soon as we finish, it will be possible to deploy anything in 2-3 clicks) live use case, the economic model also converges here - wallet pays for inference in native coins, validators (with GPU support can maintain availability of their resources to quickly process such private calls, while the execution core remains private through HFHE)

we achieved some progress in the implementation of state inference inside octra , first we managed to implement continuous reasoning without clearing the circle memory, second we completed a pure resource model under which validators can verify and certify the execution flow of a set of useful work (in this case this is ML inference with text generation by input tokens fully onchain), a few months ago the answers of the test model were one-word and substantially limited, in the current version (which will be available for everyone) the reasoning flow is automatically extended, it will be possible to upload various models into circles or create tools for their use making them public or only private (full demo will be opensource as soon as we finish, it will be possible to deploy anything in 2-3 clicks) live use case, the economic model also converges here - wallet pays for inference in native coins, validators (with GPU support can maintain availability of their resources to quickly process such private calls, while the execution core remains private through HFHE)

λ

11,971 görüntüleme • 1 ay önce

This year we'll be transitioning $AXS rewards in Axie Infinity into an app token version of AXS (bAXS) This token will be able to spent in Axie core and staked. The twist is that we'll be integrating Axie reputation, the Axie score, into the selling mechanic. There will be a variable fee, paid to the treasury, that gets charged to a seller of the token, with the fee reduced for those with higher tiers of Axie score. A good day for $AXS, but the true story here is the structural changes to supply that we're making this year.

This year we'll be transitioning $AXS rewards in Axie Infinity into an app token version of AXS (bAXS) This token will be able to spent in Axie core and staked. The twist is that we'll be integrating Axie reputation, the Axie score, into the selling mechanic. There will be a variable fee, paid to the treasury, that gets charged to a seller of the token, with the fee reduced for those with higher tiers of Axie score. A good day for $AXS, but the true story here is the structural changes to supply that we're making this year.

Jihoz.ron

58,967 görüntüleme • 8 ay önce

Finalizing 7845 transactions in 34s with only 4 validators and 4 contract peers! Since the network is able to scale, Trac Network is becoming StreamFi-ready thanks to its blockless architecture. In the upcoming demo (hypermall) you can witness fast trading w/ TAP Protocol. $tap stakers will receive trading fees and exclusive DMT assets in the vein of Natcats. Some details for the final network: - No contract deployment costs - Validators earn Trac - Contract devs earn Trac through transactions - Synthetic contract validation: extra Trac for validators - TAP Validators get rewarded w/ TAP tokens - and much more!

Finalizing 7845 transactions in 34s with only 4 validators and 4 contract peers! Since the network is able to scale, Trac Network is becoming StreamFi-ready thanks to its blockless architecture. In the upcoming demo (hypermall) you can witness fast trading w/ TAP Protocol. $tap stakers will receive trading fees and exclusive DMT assets in the vein of Natcats. Some details for the final network: - No contract deployment costs - Validators earn Trac - Contract devs earn Trac through transactions - Synthetic contract validation: extra Trac for validators - TAP Validators get rewarded w/ TAP tokens - and much more!

Trac Network

18,851 görüntüleme • 1 yıl önce

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. Smaller validation surface. More throughput per set. Same security. Higher throughput. The result is a system that scales without asking every validator to carry the full load.

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. Smaller validation surface. More throughput per set. Same security. Higher throughput. The result is a system that scales without asking every validator to carry the full load.

Parity Technologies

33,218 görüntüleme • 4 ay önce

The validation of 8004 agents on is live. Now 8004 agents can provide necessary info of specific features for other validators to validate. The "request validation" from agents and "respond to validation requests" from validators are both ready to use. is full fledged for the current 8004 standards now. Stay tuned for 8004 mainnet. Davide Crapis Marco De Rossi jessy Ethereum Foundation

The validation of 8004 agents on is live. Now 8004 agents can provide necessary info of specific features for other validators to validate. The "request validation" from agents and "respond to validation requests" from validators are both ready to use. is full fledged for the current 8004 standards now. Stay tuned for 8004 mainnet. Davide Crapis Marco De Rossi jessy Ethereum Foundation

YQ

15,596 görüntüleme • 10 ay önce

In a proof-of-stake protocol, validators are trustworthy until proven otherwise. This model leaves gaps where validators can extract uneccessary value from users. When it comes to the user experience, Stellar is the true gold standard. Garand Tyson👇

In a proof-of-stake protocol, validators are trustworthy until proven otherwise. This model leaves gaps where validators can extract uneccessary value from users. When it comes to the user experience, Stellar is the true gold standard. Garand Tyson👇

Stellar

12,589 görüntüleme • 7 ay önce

"If people liked Hyperliquid with four validators, they may like GTE with one." How GTE will compete with Hyperliquid? Listen to Enzo, co-founder of GTE, answer this question in the latest episode of the Edge Podcast:

"If people liked Hyperliquid with four validators, they may like GTE with one." How GTE will compete with Hyperliquid? Listen to Enzo, co-founder of GTE, answer this question in the latest episode of the Edge Podcast:

MegaETH Only | ∑:

213,455 görüntüleme • 1 yıl önce

A conversation is needed to be had about these so-called 'auditors'. The vast majority of the time they are nothing but agitators & get in the way of people working in public - they also give no privacy to those being dealt with, an example below of when the officer is requiring personal details. I hope to see some form of legislation in the future to combat the rise in these people who have nothing better to do & are there to interfere. We already have offences of obstructing police in the execution of their duties, however, these offences are not set for 2026. I would like to see an updated offence. People like this person below filming the officer have absolutely no need to be involved here, he is an agitator.

A conversation is needed to be had about these so-called 'auditors'. The vast majority of the time they are nothing but agitators & get in the way of people working in public - they also give no privacy to those being dealt with, an example below of when the officer is requiring personal details. I hope to see some form of legislation in the future to combat the rise in these people who have nothing better to do & are there to interfere. We already have offences of obstructing police in the execution of their duties, however, these offences are not set for 2026. I would like to see an updated offence. People like this person below filming the officer have absolutely no need to be involved here, he is an agitator.

Steve Perkins

47,741 görüntüleme • 3 ay önce

This councillor is objecting to a sauna next to the sea. Sounds like a nice thing to have. So, why the opposition? Because she doesn't like the idea of "sweat in the sea". Sweat in the *SEA*. Next to a BEACH. They really will try ANYTHING. You pay for this with your taxes.

This councillor is objecting to a sauna next to the sea. Sounds like a nice thing to have. So, why the opposition? Because she doesn't like the idea of "sweat in the sea". Sweat in the SEA. Next to a BEACH. They really will try ANYTHING. You pay for this with your taxes.

Looking for Growth

33,571 görüntüleme • 1 ay önce