I was listening to a podcast series titled “DeFi Decoded”
Learned about dYdX , so I dug deeper and currently looking for the rabbithole ???? So first, what is dYdX ? “dYdX is the leading DeFi protocol developer for advanced trading.”
The platform offers to trade cryptocurrencies with low fees, deep liquidity, and up to 20× Buying Power.
According to information found in defillama It is currently, “The most powerful open trading platform for crypto assets. Margin trade, borrow, and lend cryptocurrency.” The Total Value Locked is 331m USD, it’s market cap is 991m USD which 10% of it will be unlocked 13 days from now.
dYdX started and currently runs on smart contracts on the Ethereum blockchain.
However, just last month. Antonio Juliano, Founder of DyDx made an announcement and it has taken a bold step by migrating from Ethereum to Cosmos.
According to Analytics Insights “dYdX explained why it initially moved over to the platform in a 2020 blog post: “Ethereum can process around 15 transactions per second (TPS), which is not enough to support the hypergrowth of DeFi, NFTs, and more.”
They are gearing up for a major transformation with the launch of its blockchain within the Cosmos ecosystem, marking the arrival of dYdX V4.
Antonio Juliano, highlighted that this shift is geared towards providing users with the best possible experience. The move involves rebuilding dYdX as a standalone Cosmos-based blockchain, boasting a fully decentralized off-chain order book and matching engine.
Cosmos boasts impressive cross-chain interoperability. however there’s also challenges like,
- The potential for hacks.
It is achieved using wrapped tokens — the hack is carried out on the bridge between two blockchains.
- The challenging user experience
Currently, to cross-chain, you need to be a power user with a highly complex setup of wallets — for me true interoperability and mass adoption will only be possible if there’s a better user experience.
Do you think Antonio is prioritizing sovereignty over security?
The move was partly driven by Ethereum’s scalability concerns.
What are your thoughts on the ongoing scalability challenges of Ethereum and the role of Layer 2 solutions in addressing them?
— Jaydee Rebadulla 01/18/2024
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Understanding COSC Certification and Its Importance in Horology
COSC Validation and its Stringent Standards
COSC, or the Official Swiss Chronometer Testing Agency, is the authorized Swiss testing agency that certifies the precision and accuracy of wristwatches. COSC validation is a symbol of excellent craftsmanship and reliability in chronometry. Not all watch brands follow COSC validation, such as Hublot, which instead adheres to its own stringent standards with movements like the UNICO, attaining comparable precision.
The Science of Exact Chronometry
The core mechanism of a mechanical timepiece involves the spring, which supplies power as it unwinds. This mechanism, however, can be vulnerable to environmental factors that may affect its precision. COSC-accredited mechanisms undergo rigorous testing—over 15 days in various conditions (five positions, 3 temperatures)—to ensure their resilience and dependability. The tests measure:
Mean daily rate accuracy between -4 and +6 secs.
Mean variation, peak variation rates, and impacts of temperature changes.
Why COSC Accreditation Matters
For timepiece fans and connoisseurs, a COSC-accredited watch isn’t just a piece of tech but a testament to lasting quality and accuracy. It represents a timepiece that:
Offers outstanding dependability and accuracy.
Provides guarantee of quality across the complete construction of the timepiece.
Is likely to maintain its worth better, making it a smart choice.
Famous Chronometer Brands
Several well-known manufacturers prioritize COSC certification for their watches, including Rolex, Omega, Breitling, and Longines, among others. Longines, for instance, offers collections like the Record and Soul, which showcase COSC-accredited movements equipped with cutting-edge materials like silicone equilibrium springs to boost resilience and performance.
Historic Context and the Evolution of Chronometers
The notion of the timepiece dates back to the requirement for accurate chronometry for navigation at sea, highlighted by John Harrison’s work in the 18th century. Since the official foundation of Controle Officiel Suisse des Chronometres in 1973, the accreditation has become a benchmark for judging the precision of luxury timepieces, continuing a legacy of excellence in horology.
Conclusion
Owning a COSC-validated watch is more than an visual selection; it’s a dedication to excellence and accuracy. For those valuing precision above all, the COSC validation provides peace of thoughts, guaranteeing that each certified watch will perform dependably under various conditions. Whether for individual satisfaction or as an investment, COSC-certified watches distinguish themselves in the world of watchmaking, bearing on a tradition of meticulous chronometry.
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Casibom’a üye olmak da son derece rahatlatıcıdır. Herhangi bir belge gereksinimi olmadan ve ücret ödemeden web sitesine kolaylıkla kullanıcı olabilirsiniz. Ayrıca, platform üzerinde para yatırma ve çekme işlemleri için de birçok farklı yöntem mevcuttur ve herhangi bir kesim ücreti talep edilmemektedir.
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Sonuç olarak, Casibom hem emin hem de kar getiren bir kumarhane web sitesi olarak ilgi çekiyor. Yüksek ödülleri, kapsamlı oyun seçenekleri ve kullanıcı dostu mobil uygulaması ile Casibom, oyun hayranları için ideal bir platform sunuyor.
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Тестирование USDT в нетронутость: Каковым способом обезопасить личные криптовалютные состояния
Все больше людей заботятся для безопасность личных криптовалютных средств. День ото дня шарлатаны придумывают новые способы кражи цифровых средств, и владельцы криптовалюты оказываются пострадавшими их обманов. Один техник сбережения становится проверка бумажников на присутствие противозаконных средств.
С каким намерением это потребуется?
Преимущественно, с тем чтобы обезопасить свои финансы от шарлатанов а также украденных денег. Многие специалисты сталкиваются с вероятностью утраты своих фондов из-за обманных механизмов или грабежей. Проверка бумажников помогает выявить непрозрачные операции и также предотвратить возможные убытки.
Что мы предоставляем?
Мы предлагаем сервис проверки электронных кошельков или операций для выявления источника фондов. Наша платформа исследует информацию для выявления нелегальных операций и оценки риска для вашего портфеля. Благодаря этой проверке, вы сможете избегать недочетов с регуляторами или защитить себя от участия в противозаконных переводах.
Как это работает?
Мы сотрудничаем с лучшими аудиторскими агентствами, например Cure53, с целью обеспечить аккуратность наших проверок. Мы применяем новейшие техники для определения потенциально опасных операций. Ваши данные обрабатываются и хранятся согласно с высокими нормами безопасности и конфиденциальности.
Как проверить свои USDT для чистоту?
В случае если вы желаете проверить, что ваши Tether-кошельки прозрачны, наш сервис обеспечивает бесплатное тестирование первых пяти кошельков. Легко введите положение своего кошелька на нашем сайте, а также мы предоставим вам детальный доклад о его положении.
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