Small introduction to the Parachain Service

Almost 7 years apart, Cumulus is taking it next step to #JAM. Parachain service is doing its first steps. @Polkadot

Accessing my Claude bot through the Polkadot app and letting it deploy stuff to Web3 😎 I know that the Polkadot App is all about personhood, but I personally think that bots will be a good UX and we should have them. (video sped up, original code from @shawntabrizi)

We’re aware of an issue affecting @hyperbridge's Ethereum gateway contract. The exploit only affects DOT on Ethereum that is bridged through Hyperbridge and does not affect DOT in the Polkadot ecosystem, or DOT bridged through other bridges. Polkadot, its parachains, and native DOT remain secure and unaffected. Hyperbridge has been paused while the issue is investigated.

Hey Polkadot gang! So since we're not having AAG anymore, but I think the weekly beat to have Polkadot people meet in a room and talk about everything Polkadot is very important, I think we should just continue and transform the tradition and have a streamed weekly call to talk about Polkadot. What do you think? Who would be up to join?

Let's bring blockhains back to what they were build for. The path of onboarding web2 services as is to blockchains will just make the centralized forces more powerful and will not solve any problem for users.

Looks like my second age is starting.

Snowbridge V2 enables a new era of trustless cross-chain interoperability.

This is fake news. Funds are not stuck. Teleporting in and out of the Relay Chain still works fine - there is just nothing to do on the Relay with your tokens. I just tested it again:

🚨Snowbridge maintenance mode during Polkadot AssetHub migration: During tomorrow’s Polkadot AssetHub migration, DOT teleports between BridgeHub and AssetHub will be disabled. Since Snowbridge relies on these for fees, we’ll place Snowbridge in maintenance mode during the migration. Service will resume once teleports are re-enabled. We apologize for the service disruption. We will keep the community informed when the bridge has been enabled again.

If you think what #Web3 is about making any of the people on this photo happy, you are wrong. #Web3 is about liberating our data, our personal life from these people.

If you were ever thinking how would look like wartime @gavofyork here you are. Very refreshing to see strong focus on other essential things of any crypto project rather than just pure tech. Even more pleasant was hearing about push for products, products, products. I just hope builders of these products will be founders and other highly incentivised people and teams doing their best instead of employees. Many people might be surprised by highlighting PoP (proof of personhood) as an USP of Polkadot but imho its right direction (scalability is already becoming table stakes). I even see more and more founders of other crypto projects looking for privacy preserving sybil resistant solutions for differentiating between individuals w/o KYC (e.g. if PoP would be available already 1st thing I would do would be increasing farming rewards for individuals w PoP on @hydration_net which would allow better, wider reward distribution w/o risk of concentration for 1-few whales). Many will be happy about lowering issuance asap in maximum proposed way, but people treating DOT as passive income. Imho Gav was directionally right and on point whole stream. Decoupling interest rates from national security is great analogy. Shared security provided by Polkadot to parachains was always meant to bring lowest costs for econ. security for state machines but Polkadot itself somehow forgot about its own security costs. Cutting issuance and sell pressure caused by it is lowest hanging fruit with big impact how to make DOT more attractive. Treasury "conservatism" is another answer on big criticism of Polkadot of last 2y so thats great as well, but also happening by "itself" last ~9 months already. Last but not least we are super happy and energised by support of Hollar and we will do our best to create more value for ecosystem unlike other stablecoin providers. I can't wait to see Gavs proposal for stablecoin. I agree space needs more capital efficient solutions than overcollateralized ones. I would also prefer to make Hollar less "overcollateralized" but its most battle tested model so far and we have to start somewhere. On the other hand I agree with not being tied to peg so strictly (not for Hollar ofc :D !,but) for some new (semi) stable coin. I would go even further I feel and see need for reserve assets with lower volatility than "normal" crypto coins & tokens but as independent from $ as possible. Hopefully we will see more such streams in future.

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Take a closer look at the projects that walked away with the total prize pool of 101,775 USD during The Blockspace Synergy hack, sponsored by @Polkadot, @kusamanetwork, @solana, @hyperbridge, @PolkadotUX, and @polkadotmkt. From cross-chain solutions, ZK, learning experiences and gaming, the quality of submissions BLEW the judges' minds. 🤯

How @0xCrane, @lolmcshizz and @LeemoXD look like when starting to be a "coder" by vibing themselves to the max. "Claude make me some app"