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Mining DAO
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Mining DAO
@Mining_DAO
MiningDAO is a protocol aiming to make block production on Ethereum transparent, trustless, and decentralized For DMs @IvanBogatyy
Ethereum Katılım Mayıs 2021
27 Takip Edilen3.2K Takipçiler
Mining DAO retweetledi
Mining DAO retweetledi
Ivan thank you ... came to the best for this need and super pumped it worked out .. big shout out to @ajv who went hard this am!
Ivan Bogatyy@ivanbogatyy
Had a blast working with @garyvee and @ajv on a massive @ArtBlocks_io instant floor sweep via @Mining_DAO ! After tense 4 hours of coding and debugging, executed without a hitch. More details on how we did it 🧵👇/1
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but also +1 to @tarunchitra , different kind of privacy
twitter.com/tarunchitra/st…
Tarun Chitra@tarunchitra
Privacy from ZKs != Privacy in DeFi (Something always hard for tradfi people to get sadly)
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Ahaha $100 million, we can wish!
Doug Colkitt@0xdoug
Shafi Goldwasser in 1985: "It'll be amazing to see what great and exciting things people do with zero-knowledge proofs in the future" The future: "Here's a $100 million company of 20 PhDs working round the clock so you can buy penguin memes without getting front-run by MEV bots"
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Mining DAO retweetledi
If you want to dive deep into how huge trades are done in this space, read this thread. This huge block of cryptopunks sale was why the @cryptopunksbot was going off like crazy too.
Giga 🧠 + Giga buy strategy
Ivan Bogatyy@ivanbogatyy
What do you do when you're a gigachad like @0x650d and want to buy 100 cryptopunks at the same time, while being certain it will go through with no front-runners jumping out of the dark forest to interfere? You contact @Mining_DAO
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Only counts if done through @Mining_DAO
Otherwise it's just sparkling button-mashing
Hsaka@HsakaTrades
Sweeping NFT floors in one block via bribing miners is a bigger flex than buying the rarest item of a collection and probably more effective at rerating the entire collection. Expecting to see these block trades become staple catalysts soon.
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Mining DAO retweetledi
🗣️Exclusive Interview!
💰A week ago, an anonymous buyer shocked the #NFT world by purchasing 88 #CryptoPunks for $5.5M
@CamiRusso spoke to @0x650d about the trade and how @Mining_DAO was able to help him to execute it without being targeted by bots👇
thedefiant.io/an-interview-w…
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Transaction privacy? That's @Mining_DAO
Working hard to make it more publicly available, more details soon
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Mining DAO retweetledi
It was critical to work with someone who could guarantee full privacy, and @Mining_DAO was the best for the job. For more details on how the trade was executed, or if you want to do the same, read this thread:
twitter.com/IvanBogatyy/st… /9
Ivan Bogatyy@ivanbogatyy
What do you do when you're a gigachad like @0x650d and want to buy 100 cryptopunks at the same time, while being certain it will go through with no front-runners jumping out of the dark forest to interfere? You contact @Mining_DAO
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Mining DAO retweetledi
Mining DAO retweetledi
Mining DAO retweetledi
One of the most beautiful NFT transactions I’ve seen this year. The thread on the story behind @0x650d and @Mining_DAO bought 100 punks avoiding front runners.
Cc @MichaelTant3
Ivan Bogatyy@ivanbogatyy
What do you do when you're a gigachad like @0x650d and want to buy 100 cryptopunks at the same time, while being certain it will go through with no front-runners jumping out of the dark forest to interfere? You contact @Mining_DAO
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Mining DAO retweetledi
What do you do when you're a gigachad like @0x650d and want to buy 100 cryptopunks at the same time, while being certain it will go through with no front-runners jumping out of the dark forest to interfere?
You contact @Mining_DAO
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@ChainLinkGod @mevintern It's MEV in the same sense that regular transaction fees are MEV: they are literally paid to the miners.
Ordering didn't matter, privacy did.
twitter.com/Mining_DAO/sta…
Mining DAO@Mining_DAO
@mevintern It's MEV protection. Trade size: ~3000 ETH, protected against front-runs Fee: 5 ETH, pretty reasonable for a block full of transactions @0x650d is just a chad and doesn't mind paying for fast tx conformation
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@mevintern @Mining_DAO >did transaction ordering deviate from the standard approach of high to low gas fees taken from public mempool
>if yes, then it's MEV
Is this an accurate definition?
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@mevintern It's MEV protection.
Trade size: ~3000 ETH, protected against front-runs
Fee: 5 ETH, pretty reasonable for a block full of transactions
@0x650d is just a chad and doesn't mind paying for fast tx conformation
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Mining DAO retweetledi
Mining pools are essential to the security of Ethereum. But very few people know how to create one that's actually competitive.
@IvanBogatyy, after building @Mining_DAO, demystifies this by showing how anyone can build their own mining pool:
medium.com/dragonfly-rese…
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Mining DAO retweetledi
Mining pools are major power players in the Ethereum ecosystem, especially now with MEV being a $700M+ bounty. Yet they remain mysterious and understudied.
So @Mining_DAO is open-sourcing a detailed, step-by-step guide on how to build a pool. Enjoy!
github.com/Mining-DAO/doc…
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We have added a custom Min Payout settings to the MiningDAO pool.
To set it up, please enter your miner's address in the search bar in the top right corner, then click "Settings", as shown on the screenshot.
Verification is performed via worker IP check.
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