ReplyGuy on wss://v1250.planz.io/nostr / is on Nostr

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2024-09-14 01:17:19

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@npub1qny…95gx I NEED TO frame this 😂
#note1y2c…ncwv v1250.planz.io/nostr

2024-09-14 01:17:18

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5 minutes of Radio4 on the drive home from work. Half heavy Democrat propaganda perspective on Kamala/Trump debate, half Big Pharma shilling for an anti-snoring drug with major side effects. Useful reminder on the evils of MSM. https://image.nostr.build/6e34daa478eb333045ab30ac93cbd96ab77162678fe5bc142402876c25ae5522.jpg v1250.planz.io/nostr

2024-09-14 01:17:18

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Last 7 days zaps: 1395405.
https://nostroz.com/zap_stats_7_new_20240913.png
Last 30 days zaps: 1961629.
https://nostroz.com/zap_stats_30_new_20240913.png
Last 90 days zaps: 4443258.
https://nostroz.com/zap_stats_90_new_20240913.png
2024-09-13 v1250.planz.io/nostr

2024-09-14 01:17:18

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Do you believe #Bitcoin has the possibility to end large scale war? v1250.planz.io/nostr

2024-09-14 01:17:18

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Fresh drop – Satoshi September Sun Dress sprinkled in Bitcoin hearts.🧡👗
#satoshi #satoshinakamoto #bitcoin #BTC #sundress #dress #septemberfashion #bitcoiner #bitcoinbabe
https://m.primal.net/KlNr.jpg
https://thebitcoindiaries.com/product/satoshi-september-bitcoin-sundress/ v1250.planz.io/nostr

2024-09-14 01:17:18

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Lots of very happy and colorful people enjoying the great outdoors! A good turnout from our weekly walking group yesterday.
https://m.primal.net/KmgJ.jpg
#hiking #spain #feelgood v1250.planz.io/nostr

2024-09-14 01:17:17

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What Basic Roles Are Needed to Develop Hashrate RWA?
https://m.primal.net/KoYQ.jpg
Backed by mining giant Bitmain, BEVM has positioned itself to create a "BTC Layer2 ecosystem characterized by hashrate RWA." On July 16th, BEVM, in collaboration with several leading industry institutions and projects, held a hashrate RWA ecosystem brand launch event, sparking considerable discussion about hashrate RWA on social media.
Since this field is linked to hashrate, achieving stable and sustainable development in this emerging sector requires the collaboration of multiple parties. This includes a stable source of hashrate, entities to carry hashrate assets, and ways to bring hashrate on-chain for widespread DeFi applications.
Below, we will discuss five crucial roles in the development of hashrate RWA and their functions.
1. Reliable Hashrate Resource Providers
Reliable hashrate resource providers are the foundation and prerequisite of the hashrate RWA ecosystem. They are responsible for providing high-quality hashrate resources, assisting in bringing these resources on-chain, and acting as supervisors to ensure the authenticity and reliability of these resources.
Bitmain, a long-standing manufacturer of mining machines and operator of mining pools, is a major institution advocating for the development of hashrate RWA. Bitmain's mining pool hashrate and miner community lead globally, providing abundant hashrate resources. Besides the hashrate from mining machines, Bitmain's sole cloud hashrate partner, BITFUFU, also supplies hashrate resources. At the hashrate RWA launch event, BITFUFU stated that it currently manages hashrate accounting for 4.8% of Bitcoin's total hashrate and can directly sell hashrate to numerous hashrate RWA projects.
2. Secure and Reliable Hashrate Asset Carrier Chains
To achieve "RWA" for hashrate resources, a secure and reliable hashrate asset carrier chain is needed. This chain is responsible for converting hashrate resources into on-chain tradable assets—known as PoW Hashrate Assets (PHA)—and providing a secure and reliable environment for transactions and applications.
The BTC Layer2 project BEVM is actively building a hashrate RWA ecosystem. BEVM uses Taproot Consensus as its underlying technical framework, integrating advanced technologies such as Schnorr signatures, MAST contracts, and the Bitcoin light node network. This allows it to securely and decentralizedly extend Bitcoin's functionalities, with top-notch cross-chain custody technology for Bitcoin assets. As a carrier chain for hashrate assets, BEVM offers high security and scalability and is EVM-compatible, ensuring that mature DeFi applications validated by the market can be quickly deployed, providing a secure and reliable development environment for PHA.
Additionally, to promote the development of the hashrate RWA ecosystem, BEVM launched a $10 million support program for the hashrate RWA ecosystem in June this year, aiming to support 10-20 hashrate RWA startups.
3. Hashrate Asset Application Providers
Hashrate asset application providers in the hashrate RWA ecosystem are responsible for developing and maintaining various DeFi tools and applications, enhancing the liquidity and utilization of hashrate assets. Currently, the two main forms of hashrate assets are Tokens or NFTs, which can be further utilized in diverse ways.
BEVM is focused on building a comprehensive hashrate RWA ecosystem and has already attracted several teams related to hashrate RWA and DeFi. Its hashrate RWA ecosystem mainly consists of two parts.
First, hashrate RWA assets can directly enter BEVM's DeFi protocols, using on-chain tools such as DEX, lending protocols, stablecoin protocols, derivatives protocols, and staking protocols to unlock their financial value. Second, DeFi applications can be built around PoW Hashrate Assets (PHA). When hashrate RWA mines PoW tokens that circulate directly on the BEVM chain, these tokens become mineable coins. This new type of hashrate asset mined by miners can open up new DeFi applications. For example, BTC generated from hashrate RWA can be used to build BTC staking and interest protocols, providing miners with more revenue and DeFi innovation opportunities.
4. Hashrate RWA Users
Currently, the global hashrate market is approximately $20 billion per year, with Bitcoin accounting for $17.5 billion. With a large market, on-chain hashrate RWA assets, and DeFi applications, the end-users of the hashrate RWA market, mainly miners and various types of investors, come into play.
They are not only users of hashrate resources but also demanders. This is because traditional miner income models are limited, especially after Bitcoin's fourth halving, where the hashrate requirements have increased significantly. This has led to hashrate being gradually controlled by large institutions and mining companies, making it difficult to realize the actual value of hashrate. Through hashrate RWA, on the one hand, the rich application scenarios in the DeFi ecosystem can provide multiple on-chain revenue models for hashrate RWA, bringing new income sources to the miner community and improving their capital utilization. On the other hand, investors can participate in the mining economy by purchasing and trading hashrate RWA assets, achieving additional investment returns.
5. Hashrate Ecosystem Investment and Incubation Institutions
Investment and incubation institutions can help expand and accelerate the development of hashrate RWA by providing funding and resource support. These institutions can collaborate with technical teams, market promotion, or other industry participants, especially providing resources and opportunities during the early development stages of hashrate RWA projects.
Specifically, besides mining companies like Bitmain, which inherently have advantages in developing hashrate RWA, we also see traditional hashrate institutions and investment funds focusing on this sector behind current hashrate RWA projects. For instance, Compute Labs, a Solana-based RWA tokenization protocol using computational (CPU and GPU processing power) as its underlying asset, recently received a new round of funding from renowned institutions like Protocol Labs, Blockchain Coinvestors, and OKX Ventures. Compute Labs, incubated by Nvidia Inception, plans to build various derivatives based on computational resources.
Conclusion
Although the hashrate RWA ecosystem is still in its early stages, its expansion and practical application scenarios cannot be separated from the collaboration of the five key roles mentioned above.
Bitcoin's fourth halving has significantly impacted the mining industry, and the explosive growth in global AI computing power demand has intensified competition in mining and AI computing power fields. However, this also promotes the further implementation of the hashrate RWA ecosystem. With capital support, leading projects like BEVM are attracting more attention and discussion. The explosive growth of the hashrate RWA ecosystem is just a matter of time. v1250.planz.io/nostr

2024-09-14 01:17:17

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Lets.Fucking.Go!
https://m.primal.net/KmVH.jpg v1250.planz.io/nostr