bryan

@bhchiang

Joined on Dec 11, 2021

  • 💭 In today's digital age, the amount of generated data is growing exponentially, and so to the amount of corresponding compute required for processing. Intensive numerical computing tasks run mostly in the cloud (AWS, Azure, GCP, ...) or on in-house servers. Distributed computing projects like Folding@home pool together the computational power of idle personal computers around the world to tackle key, compute-intensive scientific challenges such as screening new drug therapies. The combined compute created has been measured to surpass even the most powerful supercomputer available. However, the success of these projects wax and wane with the enthusiasm and participation of volunteers, which is difficult to maintain if there's no clear research progress or common challenge. Can we provide economic incentives for volunteering compute? IPFS / Filecoin provide marketplace for decentralized storage. Similarly, is it possible to provide compute in a decentralized and secure manner? I contributed a bit to ConstitutionDAO last week, and even though it didn't work out as intended, it was mindblowing to see how all the contributions from everyone added up to so much (>40M).
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  • $AVAX C-Chain is EVM compatible, so you can use Web3.py with $AVAX in the same way would with Ethereum. It’s commonly found in decentralized apps (dapps) to help with sending transactions, interacting with smart contracts, reading block data, and a variety of other use cases. There's a public API / node provided for the C-Chain (details here), here's an quick example to get started: import web3 from web3 import Web3 from IPython import embed
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  • There are a ton of ways to contribute to the crypto space. One interesting niche is MEV: https://twitter.com/gakonst/status/1475819069484027905 The Web2 equivalent would be security / CTF / reverse engineering to exploit existing protocols and products. Except in crypto, code is law and you're free to exploit and keep anything you find in the wild (instead of reportingn it for a measly bounty). I personally think MEV is technically interesting, but don't think it's the right path for me: Requires high degree of relentless technical curiosity and optimization at a low, systems level You're extracting value, not creating it
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  • A DeFi game built on the blockchain, designed with useable NFTs — defikingdom.com About Defi Kingdoms (DFK) is probably the most enjoyable way to get started with defi right now. In just a few months, it's risen to become the #2 crypto game by TVL behind Axie Infinity. At its core is a standard Uniswap V2 decentralized exchange (DEX) on the Harmony One chain (another L1). The twist is that they gameify the traditional defi actions into fun little RPG experience complete with pixel art. Swapping tokens is now trading at the "marketplace". Providing liquidity to pools and farming is "planting seeds at the garden" that you can harvest in the future.
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