Just unlocked my Gas ID via ETHGas 🪪
I'm a Hero Jack with 5.1213 ETH spent on gas since Beacon Chain - now fueling my climb to the Gasless Future and earned 3500 Beans already.
Reveal yours at ethgas.com/community/gas-…
Base is beginning to explore a network token
We’re in the early phases of exploration, and don’t have any specifics to share around timing, design, or governance. We’re committed to bringing the community along with us, and building in the open.
Today, we’re proud to announce that GTE has raised a $15m Series A from @Paradigm to scale the Global Token Exchange.
We’ll use this capital to ship products even faster.
Because where we’re from, we not satisfied with being fast — we want to be the fastest.
Now back to work.
1/ 🚀 Cap’s Launch Roadmap is Here
Cap is a stablecoin protocol built by DeFi veterans from Beefy, Frax, and QiDao.
Our goal: scale yield for stablecoins while maintaining credible financial guarantees.
Here’s how the protocol will launch 👇
The wait is over. The next groundbreaking innovation in blockchain performance is here.
Introducing the Fogo website and whitepaper:
Fogo.io
Join us as we push the boundaries of speed, throughput, and physics ⚡️🔥
The world is about to see what we’ve known for the past year:
The future isn’t coming, it’s here.
Today, @megaeth’ public testnet goes live.
We’re already at 10ms block-times, with further improvements coming rapidly.
We’re heads down deploying GTE for you to all try out ASAP.
Until then, you can track stats at:
uptime.megaeth.com
I finally understand @drakefjustin's native rollup vision, and I'm so fucking bullish Ethereum. Native rollups solve ETH value accrual and extend Ethereum L1 security to the entire rollup-centric roadmap.
More details below ⬇️
The Fracture Stirs
“The cracks deepen, and the void whispers. Power calls to the bold. Will you answer?”
A gift awaits those who dare to step into the unknown.
How to enter:
1. Follow @mekaeth_xyz
2. Comment: What do you see beyond the Fracture?
The chosen will feel its touch.
WTF IS A "REAL-TIME" BLOCKCHAIN?
We often use the term "real-time" when referring to MegaETH, but what does that mean?
It is our intention to create a blockchain that minimizes the user feedback loop to web2-comparable levels.
We define that "loop" in our whitepaper as the the transaction lifecycle, illustrated below:
(expand alt-text for an color code explainer)
Put simply, it is the time it takes from your transaction being submitted to the chain to the effects of that transaction being displayed by, and acted upon, by the ecosystem.
• A resting sell order submitted to the onchain CLOB
• An open bid on a hot NFT
• A player changing in-game zones
All normal onchain interactions today that have an extended lag time due the pace of state updates.
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How can a chain reduce that lag time?
If it's a chain utilizing the EVM, then it only has a few component it can actually impact:
• Reduction of block times
• Tooling which assists the ability of nodes to keep up
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How big of an impact are those two items?
Lets have a look. Below, we'll:
• Compare popular EVM block times
• Normalize the things outside of a chain's control (e.g. user latency-to-node)
• Overlay thresholds from Nielsen's widely-cited "Usability Engineering" research paper, delineating the points where user experience fundamentally changes.
Visualized:
(all latency times are normalized to 100ms, which is the avg of half the world's circumference)
A few observations:
• Today's block times are very-clearly the largest contributor to the "feedback loop" from the start beginning of this thread
• Even "fast" EVM chains today break a users flow of thought (~1s)
• Even for co-located solutions minimizing latency on popular chains, "instantaneous" perception is an impossibility due to their block times
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Conclusion
Our target is not only to reach real-time, but to build a system that can do it in a consistent and stable manner so that the everyday user experience is on-par with web2 solutions.
Did this thread give you an idea? Build with us!
Are you just excited to play with real-time apps? Join the community!
The future of blockchains will be rabbit speed.
69 hours of Beramas.
One chain with a bear on it.
Two incentivized pre-deposit Vaults for Boyco markets by @ConcreteXYZ, @Lombard_Finance, and @Stake_Stone, now live.
The Early Bera Gets the Honey.