Joined May 2021
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A̷b_Jawwad retweeted
This block on Algorand mainnet, which was produced on the 11th May 2024, and contained a whopping 29,679 finalised transactions, was written in just 2.9 secs, equating to a throughput of 10,234.1 TPS.
This is the fastest verified mainnet TPS of real (non-voting) transactions, achieved by any distributed ledger technology to date.
While other #DLTs may claim to be faster in theory, none have ever actually gone faster than #Algorand in reality!
allo.info/block/38723888
A̷b_Jawwad retweeted
Who uses #Algorand anwz!?
Compared to the top 60 #Blockchain networks, $ALGO is constantly in the top 8 most used protocols!
Check below for comparison to $USDC #Cardano #Polygon #Link #Avalanche #Quant #USDT and more!
Source: tradingview.com/markets/cryp…
A̷b_Jawwad retweeted
NEW: @AlgoFoundation DROPS ANTI SOLANA, ETHEREUM, AND BITCOIN COMMERCIAL
A̷b_Jawwad retweeted
New R2E (read to earn) protocol
Read
Leave a comment (include your NFD)
Receive free tokens
link.medium.com/N8XGHuVQ1Lb
A̷b_Jawwad retweeted
You're right, and I like the idea of very low perpetual inflation, especially for PoW cryptos limited to payments like $BTC or $XMR (which has a fixed tail emission), to continue rewarding miners over time.
For chains with smart contracts where value can be created (such as businesses), ideally, I would prefer a model similar to Silvio Micali's philosophy where validators receive no incentives at all (or only via txns fees), and all users (especially companies, institutions, etc.) would have a mutual interest in securing the network themselves. It's quite radical and requires huge adoption, but I really don't like the idea of a chain's security being tied to its profitability, and it's probably the most sustainable long-term solution..
but this is obviously only possible on low-energy chains that encourage individual participation in consensus and don't require expensive hardware (like Algorand or MultiversX)
A̷b_Jawwad retweeted
It's interesting to note that $ETH has turned inflationary over the past months. What about the ultrasound money narrative? 🤔
That's the issue with cryptos without a capped supply: the mechanism can be interesting, but if you're looking for token scarcity, it could be terrible.
I personally prefer to invest in tokens like $ALGO with a limited and capped supply.
👉 It's one of the L1 with the largest percentage of its max supply already released (82.3%), and there will never be more than 10 billion tokens.
All to be released by 2030.
It's also one of the cryptos with the smallest non-divisible unit (0.000001), which means that its true total supply is relatively limited.
$ALGO is infinitely scarcer than $ETH will ever be! 💎
$THETA $BNB $AR $BTC $VET $CRO $FTM $EGLD $KAS $ADA $HBAR $ETC $XLM $XRP $AVAX $SEI $SUI $SOL $TON $TRX $DOT $NEAR $ICP $APT $ATOM $INJ $XTZ #web3 #crypto
A̷b_Jawwad retweeted
Breaking: 1st mainnet @Mastercard transaction— settled in real-time on @Algorand, unlike Ethereum.
Thanks to @PeraAlgoWallet and @immersve. 🤝 $usdc @circle
explorer.perawallet.app/tx/A…
A̷b_Jawwad retweeted
Today is the day! 🎆🎇 #AlgoFam
Tinyman Governance is live and #TINY has launched! ✨ Claim your TINY tokens and participate in our decentralized governance model.
Airdrop: app.tinyman.org/#/airdrop
More on TINY Tokenomics, Airdrop, and Governance: tinymanorg.medium.com/tinyma…
Happy Friday, everyone!
Check out @cardify_ton a young web3 startup. They offer NFTs that generate profit. Poker chips give 0.003% revenue, playing cards give 0.06% to 0.3% based on rarity.
I’m grabbing some items; Jump in with me 👉 cardify.cloud/nft/stats
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A̷b_Jawwad retweeted
🚀 Get ready, Gunny Rush fans! Our epic new update is coming! 🎮💥
✨ Accumulate ORA through the Oranges Mining Protocol. 🌟 New maps and more benefits with your Inugis! 🏆 Tournaments and incredible rewards await.
Stay tuned for the launch! 🚀🔥
@AlgoFoundation @vestigefi
A̷b_Jawwad retweeted
Stop ignoring us @AlgoFoundation
We built the FIRST e-commerce solution on #algorand
market.dorastacos.com/
No funding. No VCs.
We have over 10 assets as payments, we have many different #algofam OG vendors, we've done all this grassroots.
Look over here 👀
A̷b_Jawwad retweeted
Any project building on #Algorand that posts an overview thread of what you’re doing and how it works, I’ll gladly help amplify it!
Let’s get the word out to a fresh set of eyes.
(Please DM me to make sure I see the post; there’s so much happening these days) $algo
For anyone running an #AlgorandNFTs project this is a solid read. I to often assume everyone understands what’s going on in the Basic projects but the reality is that is all very confusing to those not 100% in on it.
I need to do better. Thanks for the insight @AlgoFamily
A̷b_Jawwad retweeted
First coin on rug.ninja deployed to Tinyman with ~20k of liquidity!
Great success!
A̷b_Jawwad retweeted
An Important Note On The ASR Experiment:
First off, ASR is a completely new concept in the world, so I’m extremely delighted to have the chance to figure it out alongside everyone.
The purpose of ASR is to create an extremely vibrant and virtuous cycle where committed Jupiter voters gain increasing amounts of voting power early on - the earlier you are in the process, ideally the more you will benefit.
Much like how Jupuaries is not meant to drive growth but rather focused on recruiting users to become part of the Jupiverse, ASRs are not meant to get people to lock their tokens but instead focused on growing a committed pool of voters to make key decisions together. Much like how we do not market jupuaries in our product in anyway, we do not publicize the likely ASR returns as well.
The JUP portion of the first 2 rounds of ASR are funded by the LFG Launchpad fees from the JUP launch. Moving forward, it will need to be a vote to approve the release of JUP from the community allocation to continue. I personally think it is
Lastly, since the goal of ASR is to facilitate a constant rolling of staking and voting, all claims will automatically be staked and added to your staked JUP. This new staked JUP will come perfectly on time for a number of crucial new votes coming in a couple of weeks, including the token supply reduction.
I personally believe that the ASR experiment has been a great success so far, and have gone a really long way in helping us become the one of the widely participated community and most active DAO in crypto.
This release marks both the conclusion of the first quarter of ASR. How well the community and ecosystem responds to it will be crucial to how the experiment will continue, and I, for one, certainly can’t wait.
Thanks for doing this together,
❤️🐱
A̷b_Jawwad retweeted
Super excited to announce that I am working on a FREE MINT on #AlgorandNFTs with the help of @MoonAlgo and as part of my @EXA_Market partnership.
It's been rough for NFTs this cycle, therefore we decided to just have a little bit of fun with them!
As mentioned this will be a free mint on Algorand, powered by Exa Market (can't wait for the release of V2) And what better way than just test the wathers by reviving my WAIFUs with some new and reworked traits!
If you are a project and want to be featured on a trait feel free to shoot me a DM (example down below @AlgoFoundation, @ShepNFTs)
Or if you are an Algorand Artist and want to create a trait to contribute to this series let me know as well!
Proper excited for this! There is no project behind this and no utility.
JUST ART and the attempt to make NFTs FUN AGAIN!
A̷b_Jawwad retweeted
🚨 BREAKING: #Algorand has just experienced its second highest on-chain activity day in its history, with over 24 million transactions!
Huge activity from @C3protocol! 🔥
