I’m sick of hearing crypto confused with a heavily-marketed centralised, mismanaged exchange. FTX’s failure is far from a harbinger of crypto. Quite the opposite: it’s a concrete demonstration of the need for more, better decentralised, trust-free technology.
Events of today in crypto just go to show that genuine decentralisation and well-designed security make a far more valuable proposition than some big tps numbers coming from an exclusive and closed set of servers. If you can't run a full-node yourself then it's just another bank.
The @Polkadot treasury currently has 18,936,300 DOT (DOT, not USD - do the math) in it ready to spend on *your* ideas for building, improving, educating and indeed, anything else that the Polkadot governance believes valuable.
Whereas other chains take months or even years to deploy an upgrade, @Polkadot and @KusamaNetwork created, voted and deployed new logic on to the chain within 8 hours. All going through a secure, stakeholder-governed decentralized process.
CZ on SBF:“No one can protect [from] a bad player, to be very frank, if a guy is very good at lying, and very good at just pretending to be what he’s not.” Not been paying attention? Protection comes thru decentralisation. That’s the point of web3 and trustless tech. @cz_binance
First successful inter-chain asset transfer on @polkadot using the new XCM format/standard/protocol. Left is one parachain, right two windows are the other (index 300). @kusamanetwork$DOT$KSM
New ecosystem developer analysis by @ElectricCapital shows @Polkadot literally in a class of its own with clearly the stongest developer growth since launch of any Web3 protocol and by far the biggest dev community outside of Ethereum. medium.com/electric-capit…
