The Daily Index — Tuesday, July 9, 2024

MARKETS & BUSINESS

TLDR Crypto

US REPUBLICANS UNDER TRUMP INCLUDE CRYPTO IN OFFICIAL PARTY PLATFORM

A draft of the Republican party platform included wording that promoted crypto in the United States. Specifically, it stated Republicans will end the regulatory crackdown, oppose a CBDC, and defend the right to mine and self-custody and the right to transact without government surveillance.

cointelegraph.com · 2 min

TLDR Crypto

ON ORCHESTRATING PARALLEL BROADCASTS FOR DISTRIBUTED SYSTEMS

This paper discusses the concept of ticketing for managing slot allocation in blockchain consensus mechanisms. It proposes a Hybrid Ticketing Regime (HTR) that combines managed and unmanaged ticketing approaches to optimize performance and resilience in various network conditions. The detailed overview describes desired characteristics for ticketing schemes, explains the HTR's implementation, and presents a comparative analysis demonstrating superior adaptability and fault tolerance.

blog.chain.link · 9 min

TLDR Crypto

MULTIPLE CONCURRENT LEADERS

Solana's approach to minimizing MEV is to maximize competition between block producers, which involves having multiple leaders users can choose from for transaction inclusion. This post details the technical aspects of configuring several leaders, including block transmission, merging concurrent blocks, and managing transaction ordering. The proposal for multiple leaders aims to create a global permissionless price discovery engine competitive with CEXs.

x.com · 9 min

TLDR Crypto

TOKEN LISTING STRATEGY PLAYBOOK

This post provides a comprehensive token listing strategy advising founders on navigating the process of listing on centralized exchanges (CEX) that involves providing necessary documentation, negotiating with CEXs and market makers, community building, media strategies, and other miscellaneous preparations required to successfully launch and promote a token. The post emphasizes the importance of funding strategies, strong community engagement, having a strong media presence, and striking partnerships with venture arms of large exchanges to improve the likelihood of a successful listing and subsequent token performance.

threadreaderapp.com · 5 min

TLDR Crypto

AIRDROP ANALYSIS

23 out of the 31 tokens in this analysis are down since their airdrop launch date, with only four beating BTC. Users are almost always better off immediately selling and buying back later, as high fully diluted valuations mean investors must be confident in future demand to outpace token unlocks. The only potential takeaway from airdrop designs is that low valuation and a surprise factor might be the ideal approach.

threadreaderapp.com · 3 min

TLDR Crypto

A BLOG POST ON HOW FAMILY WALLET WAS BUILT

Family is a self-custody crypto wallet for iOS that prioritizes simplicity, fluidity, and delight in its design. The app focuses on creating a welcoming and engaging user experience by gradually revealing features, ensuring smooth transitions, and incorporating delightful touches throughout every interaction. This post by the founder covers their approach to building Family.

threadreaderapp.com · 20 min

TLDR Crypto

BTC'S SECURITY MODEL IS BROKEN?

Bitcoin's security model is unsustainable because it requires the cryptocurrency's value to double every four years or necessitate very high transaction fees, both of which are impractical. The reduction in the block reward every halving severely lowers miner incentives, leading to decreased security and potential vulnerability to attacks. Significant changes, such as increasing Bitcoin's supply or accepting extremely high fees, are needed.

threadreaderapp.com · 9 min

TLDR Crypto

TOP PROJECTS TO ISSUE TOKENS

WuBlockchain has identified twenty leading projects, including Monad, Aleo, and Magic Eden, which it expects to issue tokens in H2 '24.

threadreaderapp.com · 1 min

TLDR Crypto

DEBANK LAUNCHES XP PROGRAM

DeBank has launched its XP airdrop, rewarding active on-chain addresses with assets greater than $0 and those active on DeBank in 2024. Participants can claim their initial XP and boost their rewards through referrals and completing quests.

threadreaderapp.com · 1 min

TLDR Crypto

WEB3'S FASTER LIQUIDITY

Web3 founders and employees often gain liquidity within 3-5 years, unlike Web2 counterparts who typically wait 8-10 years.

threadreaderapp.com · 1 min

TLDR Crypto

PREDICTION MARKETS AND POLLS BOTH GOT THE FRENCH ELECTION WRONG

Prediction markets and traditional polls both incorrectly predicted the French elections.

coindesk.com · 4 min

TLDR Crypto

MESSI PROMOTES A MEMECOIN

Messi's endorsement is tied to a presale project from the same creators as the dubious $BEER token, sparking concerns of potential market manipulation and scam tactics by insiders.

threadreaderapp.com · 1 min