Crypto Man MAB

You have heard about some blockchain being accused of using up insane levels of energy, such as old Bitcoin miners farms consuming entire nations of power? O, as AI explodes and requires the computing power of a hundred elephants, it has raised the question of whether chains that combine blockchain with AI will be a continuance of wringing more pain on the planet. So Vanar Chain is one of the good guys here or what?

As I have researched their documents and the like, Vanar Chain is indeed making an effort to go green. They identify themselves as a carbon-neutral blockchain or even zero-carbon footprint blockchain. The sustainability is one of the major pillars that they have made their entire business around; speed, affordability, and being environmentally friendly. No Proof of Work insanity here that burns electric like a madman. They instead apply this hybrid consensus construct, primarily Proof of Authority combined with Proof of Reputation, and a few bits of Delegated Proof of Stake. Essentially, it is the reputation and staking which helps in selecting the validators, rather than wasting power on solving puzzles during mining. It is that alone that makes it much more energy-efficient than PoW chains.

They even collaborate with Google Cloud to run on renewable sources of energy such as solar, wind, hydropower - that is enormous! They discuss using Google green infrastructure to get things clean in their recaps and blogs on the AMA. They also added this feature known as VANAR ECO which allows you to monitor energy consumption and carbon footprint directly on-chain. It is optional, yet in case of their brands or projects that are concerned with ESG items, they can display real-time analytics of how much power transactions are consuming. Magnificent to be open, huh? They do not only encourage brands to be neutral but in fact purchase more carbon credits or offset.

At this point, it is related to AI - Vanar is marketing itself as the first AI-native Layer 1 blockchain. They have AIs embedded in them, such as smarter dApps, predictive applications, game non-player characters, fraud warning systems, etc. AI workloads may impose heavy loads on servers, but Vanar may not impose huge environmental penalties on servers such as some data-center intensive AI projects because Vanar is based on low-energy (via PoS-ish model and green hosting) foundation. They assert that the entire stack is created to be efficient and thus the spike in energy consumption of running AI on-chain is not utterly high.

Of course, nothing's perfect. Others may claim PoA is initially centralized, with the foundation operation of nodes, but they are transitioning toward more decentralized, with staking by communities and reputation scoring. And because they are saying they have a zero footprint, there are servers there somewhere but at least it is servers that are renewables-oriented, as many chains are not.

Vanar is much more environmentally friendly than Bitcoin or, even, some of its older chains. Unless you are allergic to AI + blockchain projects (gaming, RWAs, whatever), and you are concerned about not killing the planet, Vanar can be a good choice. They are not only talking green they have partnerships, tools and a consensus that does not guzzle power.

What do you think? Is Vanar the one that is going to guide eco-friendly AI crypto or is it just marketing? Have you borrowed any money belonging to $VANRY or erected anything on it? Share below!

@Vanarchain #Vanar

Dusk Network is not a typical blockchain, therefore. It is designed to be privacy-focused, in the first place, particularly financial information such as security tokens, but its biggest feature is its approach to consensus without compromising speed or scalability. The trilemma - of security, decentralization, and scalability - is a challenge that most blockchains cannot solve but Dusk appears to solve it quite well with their own setup.

This thing is theirSuccinct Attestation (SA) their proof-of-stake consensus protocol. It is committee-based, i.e. not all nodes are doing everything all the time. They select instead small groups (committees) of provisioners randomly to validate blocks. This is enormous in scalability since it does not require thousands of nodes to vote upon each and every transaction as other chains.

As I understand their docs and updates on whitepaper, SA is the development of the previous Segregated Byzantine Agreement (SBA). SBA was this new PoS which divided the work: generators will offer blocks with the help of Proof-of- Blind Bid (another private way to choose the leaders without disclosing the bets), and provisioners will approve them. Now its Succinct Attestation, retaining that committee randomness, but with deterministic finality.

Why is this scalable? First, random selection implies that nobody knows who is going to propose or vote next - limits targeted attacks and makes system gaming difficult to bad actors. Second, the committees are small hence there is minimal overhead in communication. No huge gossiping on the entire network. They also make use of Kadcast to do P2P networking that reduces bandwidth by 25-50% than the normal gossip protocols. That is a huge thing to node runners - reduce hardware requirements, additional individuals are able to join, further decentralization in the long term.

With respect to performance, Dusk expects fast finality, such as the case where blocks are confirmed rapidly without forks practically usually. You require quick settlement in financial applications, right? SA provides that - nearly final and minimal probability of forks. Its permissionless PoS with honest majority and that it is committee based scaling far better as the users increase since everyone does not necessarily need to process all the blocks to the fullest.

They also combine zero-knowledge proofs, such as PLONK on privacy, but consensus itself is also efficient: Signatures aggregate using BLS curves, and hence decrease data size. It is all energy aware - no mines, only staking, and minimal use of resources.

Naturally, there is no perfect protocol. There are trade-offs such as, trade-offs require a fair distribution of stake, such as using randomness. Nonetheless, the solution of Dusk appears to be clever to privacy-conscious finance. It maintains the privacy of things (transactions are not seen), compliant (some models can see the transactions), and performant.

In need of actual speed and privacy in your into RWA or DeFi? Read about Dusk. They agree on one of the secrets of making it possible.

What do you think? Will SA make scalable privacy chains? Drop your thoughts below!
@Dusk #Dusk $DUSK

Today, I want to discuss with you a really cool thing in the crypto world currently Paymaster System by Plasma and how it allows sending USDT to feel like sending an email. No kidding!

It is so frustrating when you want to send a certain sum of money to friend or pay someone, and all you can see are gas fees consuming your money. Other times you pay higher than what you are sending, particularly when using a congested network such as Ethereum. It's frustrating right? You need to carry native token in pockets, do some calculations, wait till you get confirmation... is like in old school banking.

But Plasma putting all that to the Paymaster. It is essentially a smart contract application that is operated by the Plasma team (or foundation) and that will cover the gas fee when you complete simple USDT transfers. Yes, no charges on the transfer of USDT! It is as though the network said "hey, you need not worry about gas, we have got you covered in basic transfers.

How it work? On hitting the send button of USDT transfer (a regular transfer or transferFrom), the Paymaster contract intervenes and pays the gas fee on their behalf with their XPL (the native token of Plasma). These transfers do not require holding XPL. No need to purchase gas token, no exchanging, nothing. All you need to do is to send USDT just as you would email - enter address, size, press send, and you can be done within seconds.

I believe it is a game changer since stablecoins such as USDT are supposed to be a payment, right? And not to pay high fee or to work with the technical things. Plasma turn it into something ordinary, such as Venmo or WhatsApp payment, but with blockchain, global and free of the middleman.

Naturally it does not work with everything - only with the basic transfers of USDT this zero fee magic. In case you are doing complex DeFi things, swaps or deploying contracts, you would still have to pay gases with XPL or perhaps other tokens they support. But when sending USDT on a daily basis? Free! They have boundaries and filters to prevent spam or abuse, therefore, it is secure.

Also Plasma is compatible with EVM to use any wallet or MetaMask and is designed with the stablecoins in mind. They even received custom gas token functionality where you can pay in USDT fees on other transactions under certain conditions, the Paymaster of zero fee USDT is the star.

Why this matter? Since it feels as comfortable sending digital dollars as it does sending email, a greater percentage of people will start using crypto to make actual payments - send money, spend money, friends sending money, money across the border, no insane fee. Plasma in the attempt to correct the crypto experience problem.

What you guys think? Have you made an attempt of Plasma chain? Will zero fee USDT remittances be mass-adopted or merely hyped? Drop your thoughts, say what you want to discuss!

@Plasma #Plasma $XPL