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Rossi Karova

@bednost

219 Following
211 Followers
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Rossi Karova
@bednost
I just completed "Superseed Testnet Phase Three: Orange Finance" on Layer3 - https://app.layer3.xyz/quests/superseed-testnet-phase-three-orange-finance
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Rossi Karova
@bednost
I just completed "How to On-ramp to Gnosis with Monerium" on Layer3 - https://app.layer3.xyz/quests/how-to-on-ramp-to-gnosis-with-monerium
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Rossi Karova
@bednost
I just completed "Superseed Testnet Phase Three: Dolomite" on Layer3 - https://app.layer3.xyz/quests/superseed-testnet-phase-three-dolomite
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Rossi Karova
@bednost
https://app.galxe.com/quest/ZOTH/GC3tktKjXX?referral_code=GRFr2IwjLSmwlTjlJtsJ8LJvkaPwVj-XSD1PxnvF5EL2saE
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Rossi Karova
@bednost
https://app.layer3.xyz/communities/superseed?slug=superseed
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Rossi Karova
@bednost
Attention, all Galxe explorers! I'm embarking on a Movement Campaign and wanted to invite you along for the ride. Sign up using my referral link and win rewards! 🎁 https://app.galxe.com/quest/Movement/GCBiQtgo1C?referral_code=GRFr2JBkY6m7lGKj5tsJ8LJvqKxlEbyvGAFTBNVVOJN7pJe
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Rossi Karova pfp
Rossi Karova
@bednost
Attention, all Galxe explorers! I'm embarking on a Nubit Campaign and wanted to invite you along for the ride. Sign up using my referral link and win rewards! 🎁 https://app.galxe.com/quest/Nubit/GCMt1tdj4s?referral_code=GRFr2JOjO6m7VSPv5tsJ8LJvu2G9x61W7fcOHWlLq0V9uHp
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Rossi Karova
@bednost
Mosaic is notable for its focus on providing a user-friendly interface for navigating decentralized finance (DeFi). Some special features of the platform might include: Portfolio Management: Users can track and manage multiple crypto assets and investments in one place. Yield Optimization: The platform may offer tools to help users maximize returns on their investments through yield farming strategies. DeFi Integration: Mosaic likely connects with various DeFi protocols, allowing users to access a broad range of services and opportunities without needing to switch between platforms. Analytics and Insights: The platform may provide data-driven insights to help users make informed investment decisions. User Experience: Mosaic typically aims to simplify complex DeFi interactions, making it more accessible for both beginners and experienced users. For the most accurate and detailed information, it's best to explore their website directly. https://mosaic.ag/
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Rossi Karova
@bednost
Mosaic is a platform designed for managing and investing in decentralized finance (DeFi) projects. It aims to simplify access to DeFi tools, allowing users to create, manage, and optimize their investments in various assets across different protocols. Key features often include portfolio management, yield farming, and analytics to help users make informed decisions. For specific details about their offerings, features, or updates, you might want to check their official website directly. https://mosaic.ag
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Rossi Karova
@bednost
zkSync vs Optimism? part 3 5. Smart Contracts: zkSync: Supports Ethereum-compatible smart contracts (zkSync 2.0), but its ZK-tech is more complex. Optimism: Fully compatible with Ethereum’s EVM, making it easier for developers to migrate dApps. Summary: zkSync offers faster finality and lower fees but is more complex. Optimism provides easier compatibility with Ethereum but has longer finality due to fraud challenges. Both are effective scaling solutions, but zkSync is more focused on security and speed through cryptographic proofs, while Optimism emphasizes simplicity and compatibility with existing Ethereum infrastructure.
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Rossi Karova
@bednost
zkSync vs Optimism? part 2 2. Transaction Finality: zkSync: Transactions are validated quickly because ZK-proofs ensure instant finality on-chain. Optimism: Transaction finality takes longer due to a 7-day challenge period to allow for fraud disputes. 3. Security: zkSync: Provides instant and secure verification through ZK-proofs, with no need for challenge periods. Optimism: Relies on the fraud-proof mechanism, meaning security is delayed during the challenge window. 4. Cost: zkSync: Typically offers lower transaction fees due to its highly efficient proof system, though ZK-Rollups are more complex to implement. Optimism: Has lower fees than Ethereum Layer 1, but may be slightly higher than zkSync due to on-chain data posting requirements.
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Rossi Karova
@bednost
zkSync vs Optimism? part 1 zkSync and Optimism are both Layer 2 scaling solutions for Ethereum, but they differ in their underlying technology and approach to scalability. Here’s a quick comparison: 1. Technology: zkSync: Uses ZK-Rollups (Zero-Knowledge Rollups). It generates cryptographic proofs (ZK-proofs) to verify the correctness of off-chain transactions on Ethereum. Optimism: Uses Optimistic Rollups. It assumes transactions are valid by default and relies on a challenge period to detect fraudulent transactions via fraud proofs.
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Rossi Karova
@bednost
What is zkSync? zkSync is a Layer 2 solution for Ethereum that uses ZK-Rollups to scale the network. It bundles many transactions off-chain and then submits cryptographic proof to the Ethereum mainnet to verify them, reducing gas fees and increasing transaction speed. Key Points: Scalable: Processes thousands of transactions off-chain. Lower Fees: Reduced gas costs compared to Ethereum Layer 1. Fast: Faster transaction finality. Secure: Inherits security from Ethereum. zkSync allows faster, cheaper, and more secure Ethereum transactions with smart contract support.
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Rossi Karova
@bednost
What are rollups? Rollups are a Layer 2 scaling solution for blockchains (like Ethereum) that bundle or "roll up" multiple transactions into a single batch, then process them off-chain while ensuring security on-chain. This reduces the workload on the main blockchain, improving scalability. There are two main types of rollups: Optimistic Rollups: Assume transactions are valid by default and only run computations off-chain. Disputes are resolved by posting fraud proofs on-chain if someone challenges a transaction. Example: Arbitrum, Optimism. ZK-Rollups (Zero-Knowledge Rollups): Use zero-knowledge proofs to prove off-chain transaction validity to the main chain without the need to reveal transaction details. They are more efficient but more complex to implement. Example: zkSync, StarkWare. Rollups reduce gas fees, increase transaction speed, and help scale blockchains while inheriting security from Layer 1.
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Rossi Karova
@bednost
Examples of Layer 2? Here are some examples of Layer 2 solutions that help scale blockchain networks like Ethereum: Polygon (formerly Matic): A Layer 2 scaling solution for Ethereum that uses sidechains to process transactions faster and at lower costs. Optimistic Rollups: A scaling technique that bundles transactions together and executes them off-chain, while ensuring security on the Ethereum mainnet. Arbitrum: Another popular rollup solution that reduces Ethereum's congestion by handling transactions off-chain while maintaining security through the main network. Lightning Network: A Layer 2 protocol for Bitcoin, enabling faster and cheaper transactions by creating payment channels off-chain. These solutions aim to improve transaction speed and reduce fees while still benefiting from the security of the main blockchain.
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Rossi Karova
@bednost
What's a dApp? https://app.layer3.xyz/quests A dApp (decentralized application) is a software application that runs on a blockchain network instead of a single centralized server. Here’s a quick breakdown: Decentralized: dApps operate on a distributed network of nodes, making them resistant to censorship and downtime. Blockchain-based: Most dApps are built on platforms like Ethereum, using smart contracts to execute functions securely. Open-source: They are often open-source, meaning anyone can view and verify their code. Tokens: Many dApps have their own tokens used for transactions or governance within the application. Popular examples include decentralized finance (DeFi) platforms, games, and marketplaces.
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Rossi Karova
@bednost
How does Layer 3 scale? https://app.layer3.xyz/quests Layer 3 scales by focusing on application-specific optimizations built on top of Layer 2 solutions. Here’s how it works: Layer 1 handles security and decentralization (e.g., Ethereum or Bitcoin). Layer 2 improves scalability by reducing the load on Layer 1 through off-chain processing (e.g., rollups or sidechains). Layer 3 introduces custom protocols and services tailored to specific use cases, like decentralized apps (dApps) or specialized networks. Layer 3 doesn't directly scale the blockchain but rather enhances specific application performance and user experience by leveraging the scalability improvements from Layer 2. It can include optimized user interfaces, data storage solutions, or service layers for better functionality without adding congestion to Layer 1.
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Rossi Karova
@bednost
What is Layer 3? https://app.layer3.xyz/quests A Layer 3 website usually refers to a platform built on top of Layer 2 blockchain solutions, enhancing applications or services. It's part of a system where: Layer 1 is the main blockchain (e.g., Ethereum). Layer 2 improves scalability and speed. Layer 3 focuses on applications, user experience, and services built on these. In short, a Layer 3 website enhances blockchain-based applications.
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Rossi Karova
@bednost
Thank you ❤️
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Rossi Karova pfp
Rossi Karova
@bednost
I just completed "The Ethereum Roadmap Guide" on Layer3 - https://app.layer3.xyz/quests/exploring-the-new-ethereum-roadmap
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