Backend dev / Shitposter @devanddraw | @DeepWtrStudios
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Avalore Week 55!
Price is up, and the drama has come with it!
Nice job this week, everyone
news.avalore.xyz/p/avalore-d…
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This is why they call him the Blockfather
Avalanche's co-founder helped build a proof-of-work currency six years before Bitcoin...
Emin Gün Sirer (@el33th4xor) co-designed Karma at Cornell in 2003 with two of his students. His bios call it the first currency to mint coins through proof-of-work, though Wei Dai's 1998 b-money proposal sketched the idea earlier.
Karma aimed to stop freeloading on file-sharing networks by tracking what each user gave and took, long before Bitcoin introduced proof-of-work money.
In 2013, he and Ittay Eyal found a flaw in Bitcoin's mining rules. A group of miners could secretly hold back the blocks they found, then release them at the right moment to wipe out rivals' work. Even a minority of miners could earn more than they should. The attack is now known as "selfish mining".
He later co-founded @AvaLabs, the company behind Avalanche (@avax), and still runs it as CEO.
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Gmgm
Now that I've had some time to reflect on Summit, I wanted to call attention to some of my favorite aspects:
1. Reconnecting with old friends
I got sushi with the lads @ExcelBaller and @nobsfud (the GFs have a group chat now), went to the pub with @swandogs, and talked Harry Styles with @CryptoQuine. Also got to see @TradingAloha off of his usual 10 hour flight.
2. Making new friends
With a smaller Summit, I got to spend time with lots of people that I didn't speak to at previous events. Shoutout @agentboff, @itainteasybud, @gribbly_fire, @avery_bartlett, @LHBCrypto, @onecalledthomas and many others.
Oh of course @Wrathtank_avax!!!! Finally an event that doesn't require a passport, so he was able to come.
3. Talking with people I fight with online
It was actually fun to talk through some "beef" and meet people IRL. @born2hodl has unblocked me, and @jasonmdesimone and I got to laugh about endorsing coins that rug.
4. Alpha from the team
@frostLedger got us excited about what the foundation is working on behind the scenes, and I got to talk about Team1's bright future with @cryptochimba
Overall it was just good business across the board, and I spent lots of quality time with too many people to mention them all here.
Also shoutout to the events team as the location was cool (a ski lodge inside of a building??), and most importantly the food was great!
Really happy I got to attend this conference, and it played a large part in flipping me bullish on our red chain🔺
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As AVAX begins to have success, people will always hate
Either because they were burned in the past, or maybe just because it's not their bag
There's no need to snipe back at people who will say "dead chain" or "nobody likes AVAX"
Just keep vibing and win them over🔺
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Smitty retweeted
picturized
avax szn
pitched @AvaxTeam1.. not one but two experiments before the makooor arc
real community members will be building them
avax szn
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Avalore Week 54!
Summit, Wrath, and Ponz
Great week all around tbh
news.avalore.xyz/p/avalore-d…
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Yashar Ali 🐘
Hearing that all AVAX OGs will be getting free access to the Plaza Premium lounge at Dubai airport
Don't quote me on this
JUST IN: 🇦🇪 UAE to integrate Avalanche $AVAX blockchain into its national digital identity platform UAE PASS.
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