farcaster changed hands twice in ten months. merkle to neynar, neynar to balaji's network school yesterday it is now the Network State Protocol. accept a social smart contract, mint an nft, keep posting. decline and you are read only. ai enforced code of conduct, proof of personhood coming my timeline is calling this censorship. that take is lazy and i think Balaji is justified network school is a physical place. residents, families, kids. you cannot run a real community with a real address on an unmoderated feed full of bots and ragebait. the singapore style conduct code is downstream of the product he is actually building, not a growth hack. and an explicit constitution you sign is more honest than a 40 page tos nobody reads plus a moderation policy that changes quietly if you want to live there, those are the house rules. fine. his house the problem is the sentence everyone is repeating to make this okay: if you don't like it, take your stuff and leave you can't there is no second client with real users. people keep naming hypersnap, which is one niche app, not a market. and only your id and your keys are actually onchain. your posts, your follows, your history and your discovery live in off chain nodes that the new owner runs so you can take your name and leave your life that is what sufficiently decentralised means in practice. decentralised enough to say the word, not enough to use here is the part that bothers me most. Balaji's product is legitimate and he should never have had to buy the substrate to ship it. a family friendly, moderated, proof of personhood client is a great thing to build. it should be one client among many, sitting on a graph nobody owns, and the people who don't want those rules should keep every follower they have while scrolling somewhere else >>> he had to acquire the protocol to run a client. that is the indictment what it should look like - graph fully onchain. wallet is your identity, no registry, no signup - posts signed by you, stored outside any single app, anyone can index them - feed and moderation are modules you choose and swap in one tap - default client open source, forkable in under an hour - nobody can sell it because nobody owns it then you don't need a referendum. you need a market. balaji runs network school rules, someone runs something looser, same graph underneath, and leaving costs you nothing >> acid test for any social protocol: can it be acquired if yes it was a company with good branding building this. thesis and group chat are open TG t.me/+DnP-JtxPBt8zYTk1 Vision deltav.monad.xyz/moonshots/o…

🧑‍💻 Here are crypto’s top 10 AI & Big Data projects by development. Directional indicators represent each project’s ranking positioning since last update: 📈 1) @dfinity $ICP🥇 📉 2) @origin_trail $TRAC 🥈 📉 3) @chainlink $LINK 🥉 📈 4) @nearprotocol near:native 📈 5) @phalanetwork ethereum:0x6c5ba91642f10282b576d91922ae6448c9d52f4e 📈 6) @filecoin filecoin:native 📈 7) @oasisprotocol $ROSE 📈 8) @swarms_corp $SWARMS 📉 9) @injective $INJ 📉 10) @livepeer ethereum:0x58b6a8a3302369daec383334672404ee733ab239 📖 Read about the @SantimentData methodology for filtering notable github activity data from project repositories, and why it is so useful for crypto trading: medium.com/santiment/a-diffe… 🔖 Bookmark our AI watchlist here, and see what others in crypto can’t: app.santiment.net/screener/a…

DFINITY is migrating to Open SaaS: a) Running on AIware makes enterprises vastly smarter, faster, and more efficient, and; b) Open SaaS is free and remixable, while ineffective old SaaS costs a fortune. Super excited to be sharing this ICP cloud engine rocket fuel asap.

Hello MULTI/DEX 🔥 Should DFINITY release the most powerful DeFi application the world has ever seen? What's cool about it? Here are some factoids, the craziest at the end: 1. It runs on an ICP cloud engine (soon everyone can have one) and is 100% network resident and tamperproof. 2. It is genuinely multi-chain, with no bridging hassles for users (users can deposit straight into their accounts, and withdraw directly, from the native chains of tokens). 3. It is order book based, but also provides a traditional swap interface, which swaps arbitrary assets by routing across the underlying markets. 4. It supports both spot trading, and margin trading that lets traders go long and short with leverage. 5. It has an AMM (Automated Market Maker) that uses Internet Computer outcalls to determine outside prices, then delayed matching against AMM limit orders to prevent arbitrageurs draining liquidity, as can occur with traditional DEXs providing swaps. 6. The AMM maintains a unified liquidity vault, and doesn't need two liquidity pools for every trading pair, providing outstanding capital efficiency and liquidity compared with traditional DeFi systems. 7. Users can earn by depositing into the AMM Vault, and into an insurance pool that protects the vault from margin calls that fail to recover all capital (the insurance pool gets 5% of all liquidations). 8. MULTI/DEX runs on the decentralized Internet Computer network, and is 100% open source — unlike HyperLedger, say, which remains closed source, and has an single-purpose architecture closer to federated CEX hosted on a symmetric cluster of federated servers. 9. If we go ahead, we would propose that MULTI/DEX runs as part of the Internet Computer, in the sense it is controlled and updated by the NNS (The Internet Computer's Network Nervous System, the world's largest and most sophisticated DAO, which directly orchestrates and updates the network) providing unparalleled levels of autonomy, transparency, and security. 10.... and this is the BIG ONE... its backend is built using the latest Motoko language framework (soon to be released) that puts AI *inside* of its software. That means, in another seminal inventive step from DFINITY and Caffeine Labs technology teams, that AI can see, browse and query the realtime data inside the app/dapp's persistent memory and can create and execute ad hoc queries and update logic on-the-fly (subject to permissions). So, while for much of the time traders will be using the traditional UX shown in the pic, increasingly, they will be interacting with the exchange through AI chats that have the "Internet Computer Connector" MCP installed (soon to be released). On the one hand, traders will be able to use chat to ask for simple things, like current spot pricing and market depth, and the likely slippage on a spot market order, and for orders to be submitted, but on the other, for much more demanding things that require the AI to execute ad hoc functionality, such as "Look at my positions and margin pools, and rebalance them to give me more blended market exposure, while also adjusting for risks indicated by social media coverage of forthcoming market events, but wait for my approval of your plan before proceeding." This is a lot to take in, so I'm aiming to get a new demo video out ASAP that will demonstrate what's possible with this AIware, which will include MULTI/DEX — should be about a week!! Btw. for those wondering what might be the big picture beyond what I just described with MULTI/DEX: At DFINITY, we are in the process of transforming ourselves into an "agentic organization," where all our existing apps/SaaS is replaced by custom on-demand apps/SaaS running on cloud engines that are created and updated by AI. Of course, these on-demand apps/SaaS are being built using the new technology described that automatically puts AI inside and provides users with fluid functionality via chat. The totality of the apps/SaaS represents an enterprise "World Model," which incorporates as much of the enterprise's data as possible, enabling AI to perform incredibly powerful analyses and actions — when you see this is in action, you can't unsee what you saw, because it's clearly a huge leap beyond the status quo of today's tech, which is exactly what the Internet Computer project is about. This wraps up our new technology stack, created by leaning on unique aspects of "The Network is The Cloud" paradigm, and years of work, and what, together with cloud engines, will finally enable the Internet Computer to strike out into the massive mainstream cloud technology market.