#9 What I Read This Week….
Bitcoin mining by renewables, how blobs work, Finding the Money, TON growth protentional, Perps for rwas, Intent-based vs msg cross chains, Solana LST market, Web3 adoption miring web2
100% Bitcoin mining will be carbon neutral very soon…
Bitcoin mining units help to incentivize renewable energy generation in remote areas where Energy generated by Hydro- Wind- Solar- and Methane can’t be transported to the grid.
Now >50% of Bitcoin mining energy comes from renewables.
There are more nations that mining Bitcoin than those that accept Bitcoin as legal tender, Nature of the free market.
Comparing Bitcoin Mining to other Industries’ energy mix — Batcoinz
Bitcoin as an ESG-friendly asset with Daniel Batten
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This article explains in detail how blobs are published by layer2s.
What did the blobs change? — alex hook (mirror.xyz)
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Bitcoins holders are looking for on-chain stable and secure Yield and restaking protocols(Babylon) can fill in this place.
Bitcoin miner companies are very investable now with the rise in the network activity.
We Invest in projects that can become a category leader.
Analyzing the Evolving Blockchain Landscape With VanEck
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Allowing a small group of people to decide how much money to create and where to send it breeds corruption. It’s really that simple. It may be a great idea in theory. Trust a small group of people to incentivize behavior amongst the masses via taxation and money printing. But the reality is that power corrupts.
The private sector does not have full transparency into how the money is used. For example, the Department of Defense has failed 6 audits in a row and cannot account for over $2.5 trillion of assets (during a period of relative peace!). Again, this breeds corruption. Here’s Jon Stewart calling it out:
https://thedefireport.io/research/studying-mmt-to-become-a-better-investor
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Solana has a staking ratio (the percentage of circulating SOL staked) of over 70%, much higher than Ethereum’s 27%. Yet, LSTs make up only 6% of the staked supply (compared to over 40% on Ethereum). Every major project needs an LST because of Stake-weighted Quality-of-Service, Bullish sanctum!
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Intent-based architecture is the best way to engineer Cross-Chain value transfer and create chain abstraction applications. Must read to understand how Intent-based systems are better then messaging based system for cross-chain.
ERC7683: The Cross-Chain Intents Standard — Archetype
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Worth reading, the trading volumes of telegram Bots are truly impressive, this is because telegram graphs are where many people find alpha, ability to trade there itself is a killer feature.
TON, Our Largest Investment Ever | Pantera
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perps will become the listing engine for RWAs, outpace tokenizers, and usher in the golden age of the ‘perpification of everything’
https://x.com/kaledora/status/1792942427374030879
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The adoption curve of Web3 and cryptocurrencies closely resembles that of the internet itself.
It’s been 15 years since the inception of Bitcoin, which is equivalent to the state of the internet 15 years after its inception, around 1998.
