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𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐜𝐞 𝐨𝐟 𝐃𝐞𝐜𝐞𝐧𝐭𝐫𝐚𝐥𝐢𝐳𝐞𝐝 𝐈𝐧𝐝𝐞𝐱𝐞𝐫𝐬 🌐 Trac Core, as the only decentralized #Bitcoin indexer, is a vital piece of infrastructure that sits at the centre of our entire TTP ecosystem. 👑 It allows TAP Protocol, as well as other protocols and L2s, to plug in directly and receive reliable and... show more

Trac Network

45,735 subscribers

28,758 просмотров • 2 лет назад •via X (Twitter)

Финансы #Bitcoin

Anya Rossi• Live Now

Private livecam show

Комментарии: 10

Фото профиля 2High2Get$low

2High2Get$low2 лет назад

@tap_protocol Impressive work, $Trac team! Decentralized indexing is critical for accuracy and reliability. Trac Core's role is essential in enhancing the overall ecosystem. Looking forward to seeing more innovations!

Фото профиля Trac

Trac2 лет назад

@tap_protocol 🫡

Фото профиля 𝕁𝕒𝕔𝕠𝕓 𝕥𝕙𝕖 𝔾𝕣𝕖𝕒𝕥 ⚔️

𝕁𝕒𝕔𝕠𝕓 𝕥𝕙𝕖 𝔾𝕣𝕖𝕒𝕥 ⚔️2 лет назад

@tap_protocol Well said! 👏 I’m going to need one of those hats, bro!!! Or better yet a #TracSystems hat 🎩 Wen #TTP merchandise store?

Фото профиля Iza

Iza2 лет назад

@tap_protocol We Love $Trac....

Фото профиля Trac

Trac2 лет назад

@IzanaKu03861058 @tap_protocol

Фото профиля FITZY

FITZY2 лет назад

@tap_protocol Don’t trust. Verify 🧠

Фото профиля Trac

Trac2 лет назад

@tap_protocol

Фото профиля zilliquack.zil

zilliquack.zil2 лет назад

@tap_protocol Gotta have that TAP merch.

Фото профиля Trac

Trac2 лет назад

@tap_protocol 🧢

Фото профиля Ken | knt.bitmap

Ken | knt.bitmap2 лет назад

@tap_protocol TRAC📈

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BSCN

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Isabel Foxen Duke⚡️

20,973 просмотров • 8 месяцев назад

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BSCN

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Natalie Brunell ⚡️

38,733 просмотров • 2 лет назад

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539,869 просмотров • 1 год назад

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To address this challenge, we propose a new blockchain architecture enabling developers to deploy their own Bitcoin Layer 2 solutions tailored specifically for AI tasks, called Truly Open AI. These Layer 2 blockchains are optimized to handle computationally intensive tasks, such as matrix multiplication, directly on-chain. These Bitcoin Layer 2 solutions offer exceptional throughput, minimal latency, and cost-effectiveness. AI dApps are programmed as Solidity smart contracts, ensuring they operate precisely as intended, free from interference or manipulation. Our BVM AI Contracts Library simplifies the integration of neural networks into dApps, empowering developers to embed AI seamlessly. In summary, I'm particularly enthusiastic about the potential of Layer 2 solutions for Bitcoin to revolutionize decentralized AI by providing scalability, security, and accessibility. 5: How is your Layer 2 different from others being built? BVM distinguishes itself as a Modular infrastructure that empowers thousands of distinct Bitcoin Layer 2 networks, spanning Gaming, DeFi, Social, and AI applications. We're continuously enriching the BVM Module Store with new modules to enhance its capabilities. With each new module, builders gain access to a wider array of tools to explore different use cases on the Bitcoin network. Recent additions include the Filecoin module for affordable storage and the AI Contracts Library for constructing AI-powered Bitcoin Layer 2 chains. We're also gearing up to release a ZK roll-up module in the coming weeks to offer an alternative to the standard optimistic roll-up. We aim to simplify the process of launching a Bitcoin Layer 2 network customized to specific requirements. Think of it as a SaaS offering with predefined best practices. Whether it's a DeFi Bitcoin Layer 2 or a GameFi Bitcoin Layer 2, we provide default solutions tailored to each use case. We're dedicated to expanding the BVM ecosystem by incentivizing more builders to join the Bitcoin network. Through various programs and grants, we support builders in covering their operational costs for Bitcoin Layer 2. Additionally, we offer rewards akin to 'L2 mining' to those who contribute to expanding the user base and total value locked on the network. In summary, BVM stands out with its modular infrastructure, tailored solutions, and efforts to grow the Bitcoin ecosystem.

What if #AI became as decentralized as #Bitcoin? We sat down with our new friend 3700 from Bitcoin Virtual Machine to hear what their incredible team of anons are working on - "Truly Open AI." Full interview here:👇 1: What positive impact will Layer 2s have on Bitcoin? Layer 2s on Bitcoin open up opportunities for innovation, allowing developers to build dApps and smart contracts on top of Bitcoin, expanding its utility and use cases. By submitting transactions for final settlement on the Bitcoin network, Bitcoin Layer 2 networks claim to achieve the same (or close to) level of security and decentralization as the Bitcoin blockchain. Building a separate execution layer allows them the freedom to employ several technologies (such as rollups). Layer 2 can significantly improve Bitcoin's scalability by processing transactions off-chain, reducing congestion on the main blockchain. Overall, Layer 2s on Bitcoin have the potential to address some of Bitcoin's key limitations, making it more efficient, accessible, and versatile in the long run. 2: What does the ETF approval mean for Layer 2 on Bitcoin? The approval of ETF could potentially have several implications for Layer 2 on Bitcoin: Innovation and Development: With a growing interest in Bitcoin spurred by ETF approval, there could be a surge in research and development efforts focused on enhancing Layer 2. Developers and projects may be incentivized to create new and improved Layer 2 protocols to meet the evolving needs of the expanding Bitcoin ecosystem. An ETF approval could boost mainstream Bitcoin adoption and liquidity. This influx of users may also drive interest in Layer 2 on Bitcoin as a means to enhance the scalability and functionality of Bitcoin. 3: What are the primary challenges facing L2s on Bitcoin? The interoperability of different Layer 2s and their compatibility with Bitcoin's main blockchain can be a challenge. Ensuring seamless interaction between various Layer 2 networks and the Bitcoin blockchain is essential for a cohesive and efficient ecosystem. Some Layer 2s may introduce centralization risks if they rely heavily on centralized entities or trusted intermediaries. Maintaining decentralization and censorship resistance, which are core tenets of Bitcoin, while scaling with Layer 2s is a challenge. 4: What aspects of Layer 2 solutions for Bitcoin are you most enthusiastic about? AI represents one of the cornerstones of our modern era. However, achieving a decentralized AI infrastructure, owned and managed by users, has posed significant challenges. The primary obstacle has been the limited capacity to store and execute AI models due to size and computational limitations. To address this challenge, we propose a new blockchain architecture enabling developers to deploy their own Bitcoin Layer 2 solutions tailored specifically for AI tasks, called Truly Open AI. These Layer 2 blockchains are optimized to handle computationally intensive tasks, such as matrix multiplication, directly on-chain. These Bitcoin Layer 2 solutions offer exceptional throughput, minimal latency, and cost-effectiveness. AI dApps are programmed as Solidity smart contracts, ensuring they operate precisely as intended, free from interference or manipulation. Our BVM AI Contracts Library simplifies the integration of neural networks into dApps, empowering developers to embed AI seamlessly. In summary, I'm particularly enthusiastic about the potential of Layer 2 solutions for Bitcoin to revolutionize decentralized AI by providing scalability, security, and accessibility. 5: How is your Layer 2 different from others being built? BVM distinguishes itself as a Modular infrastructure that empowers thousands of distinct Bitcoin Layer 2 networks, spanning Gaming, DeFi, Social, and AI applications. We're continuously enriching the BVM Module Store with new modules to enhance its capabilities. With each new module, builders gain access to a wider array of tools to explore different use cases on the Bitcoin network. Recent additions include the Filecoin module for affordable storage and the AI Contracts Library for constructing AI-powered Bitcoin Layer 2 chains. We're also gearing up to release a ZK roll-up module in the coming weeks to offer an alternative to the standard optimistic roll-up. We aim to simplify the process of launching a Bitcoin Layer 2 network customized to specific requirements. Think of it as a SaaS offering with predefined best practices. Whether it's a DeFi Bitcoin Layer 2 or a GameFi Bitcoin Layer 2, we provide default solutions tailored to each use case. We're dedicated to expanding the BVM ecosystem by incentivizing more builders to join the Bitcoin network. Through various programs and grants, we support builders in covering their operational costs for Bitcoin Layer 2. Additionally, we offer rewards akin to 'L2 mining' to those who contribute to expanding the user base and total value locked on the network. In summary, BVM stands out with its modular infrastructure, tailored solutions, and efforts to grow the Bitcoin ecosystem.

Supra

83,548 просмотров • 2 лет назад

🎙The Future of Africa’s CBDC & Bitcoin Ep. 59 with Abubakar Nur Khalil on You’re The Voice | Podcast by Efrat Fenigson My guest today is Abubakar Nur Khalil, a Nigerian Bitcoin Core contributor, CEO of the Bitcoin venture fund Recursive Capital Recursive Capital, and one of only four board members of Btrust Btrust - a nonprofit supporting Bitcoin development in Africa. At just 25 years old, Abubakar is transforming the African Bitcoin ecosystem by training developers, advancing Bitcoin adoption, and supporting decentralized financial solutions. In this episode, we explore Nigeria’s CBDC rollout of the eNaira, why it failed, the cash shortages, and the growing Bitcoin adoption. Abubkar shares his journey from contributing to Bitcoin Core to leading Btrust's mission of decentralizing Bitcoin development in the Global South. He also shares about the challenges of scaling Bitcoin adoption in Africa, the revolutionary role of Bitcoin mining in electrifying rural communities, and the untapped potential of Bitcoin in empowering Africa’s youth and businesses. ► If you got value, please like, comment, share, follow and support my work. Thank you! (00:00) Coming Up… (00:57) Introduction to Abubakar (03:48) The Journey to Becoming a Board Member of Btrust (09:08) Btrust’s Vision & Support for African Bitcoin Developers (12:58) Being Young & Successful (15:48) The eNaira - Nigeria’s CBDC (21:58) Cash Shortages in Nigeria (25:58) eNaira’s Failure & Speeding up Bitcoin Adoption (32:41) The CNGN - Nigeria's Stablecoin Initiative (35:01) Africa's Economic Landscape and Bitcoin Mining (40:15) Corruption and Governance Challenges in Africa (42:32) How Common Struggles Unify Africa (44:32) Non-Smartphones Can Use The Lightning Network (46:53) Ethiopia's Energy and Bitcoin Mining Potential (48:20) Why Are Most Bitcoin Transactions in Africa B2B (50:25) Regulatory Developments for Bitcoin Exchanges in Nigeria (52:54) Promising Future Projects in Bitcoin (56:58) Message of Hope >>

🎙The Future of Africa’s CBDC & Bitcoin Ep. 59 with Abubakar Nur Khalil on You’re The Voice | Podcast by Efrat Fenigson My guest today is Abubakar Nur Khalil, a Nigerian Bitcoin Core contributor, CEO of the Bitcoin venture fund Recursive Capital Recursive Capital, and one of only four board members of Btrust Btrust - a nonprofit supporting Bitcoin development in Africa. At just 25 years old, Abubakar is transforming the African Bitcoin ecosystem by training developers, advancing Bitcoin adoption, and supporting decentralized financial solutions. In this episode, we explore Nigeria’s CBDC rollout of the eNaira, why it failed, the cash shortages, and the growing Bitcoin adoption. Abubkar shares his journey from contributing to Bitcoin Core to leading Btrust's mission of decentralizing Bitcoin development in the Global South. He also shares about the challenges of scaling Bitcoin adoption in Africa, the revolutionary role of Bitcoin mining in electrifying rural communities, and the untapped potential of Bitcoin in empowering Africa’s youth and businesses. ► If you got value, please like, comment, share, follow and support my work. Thank you! (00:00) Coming Up… (00:57) Introduction to Abubakar (03:48) The Journey to Becoming a Board Member of Btrust (09:08) Btrust’s Vision & Support for African Bitcoin Developers (12:58) Being Young & Successful (15:48) The eNaira - Nigeria’s CBDC (21:58) Cash Shortages in Nigeria (25:58) eNaira’s Failure & Speeding up Bitcoin Adoption (32:41) The CNGN - Nigeria's Stablecoin Initiative (35:01) Africa's Economic Landscape and Bitcoin Mining (40:15) Corruption and Governance Challenges in Africa (42:32) How Common Struggles Unify Africa (44:32) Non-Smartphones Can Use The Lightning Network (46:53) Ethiopia's Energy and Bitcoin Mining Potential (48:20) Why Are Most Bitcoin Transactions in Africa B2B (50:25) Regulatory Developments for Bitcoin Exchanges in Nigeria (52:54) Promising Future Projects in Bitcoin (56:58) Message of Hope >>

Efrat Fenigson

28,032 просмотров • 1 год назад