Babylon of Koi 🛡

🛡 The growth of this community has been on another level, the community started just over 1 month ago and we are now at a staggering 419.1K subscribers. Thank you for choosing to be the present and future of web3 🛡

🛡 Fastest growing web3 DeFi platforms in terms of TVL *Total Value Locked* for the month of March 2024, data courtesy of #dropstab & DefiLlama respectively 🛡

🪂 Airdrop Opportunity 🪂 #catizen We all know about Notcoin and the success that dapp has had on Telegram, now I want to introduce you all to the new cat in town, Catizen. Dive into the Meow Universe, where each heartbeat echoes with the promise of uncharted territories! Catizen, the blazing comet in the digital cosmos, beckons you to a realm of GameFi ecstasy, AI brilliance, and Metaverse grandeur. Picture this: a Play-to-Airdrop odyssey where every adventure adds fuel to a collective saga. The clock is ticking, and our audacious mission is set unite 100 million adventurers in 2024 in a digital haven of exploration and growth; In the nexus of casual gaming and groundbreaking innovation, Catizen unveils a revolutionary Play-To-Airdrop model. Your journey is not just a game; it’s a treasure hunt for tokens in the vastness of the Meow Universe; AI-powered feline companions await, wandering through augmented reality, while the Metaverse expands beyond imagination; 🪂 How to join Catizens 🪂 Please follow the links below, join the the top one, followed by the second link as each link does has a different mechanic, also our community chat has it's own group in game, so it's time to show the Meowverse, we have arrived: Invite link: https://t.me/catizenbot?start=rp_1918149 Squad link: https://t.me/catizenbot?start=r_681_1918149 🪂Catizen Official Links 🪂 Website: https://catizen.ai Telegram: https://t.me/CatizenAI X Profile: @CatizenAI Whitepaper: https://docsend.com/view/h9x78qwy4yz2bfd7 Catizen Blog: https://medium.com/catizen

🛡 This weeks market overview with data provided by #dropstab 🛡

🔹 OxScope Early Platform points opportunity 🔹 0xScope’s Web3 AI Data Layer is supporting the emerging Web3 AI industry, which unlocks the true value of Web3 through the combination of blockchain and AI. The biggest issue with blockchain is its high barrier to entry and low adoption rates, which AI technology effectively solves by increasing the efficiency of processing Web3 transactions, data, and contracts. This is a transformation that 0xScope has seen firsthand with the development of its Web3 AI Data Layer. 0xScope has three main features and are the following: ♦️ Scopechat ♦️ Scopescan - Desktop Only ♦️ ScopeAPI 0xScope has raised to date $8M with HashKey Capital leading the most recent round last January; 🔹 What is the Opportunity 🔹 The ability to have access and test out new Scopechat AI functionality, you can check the markets, individual assets, trends & even can be your trading assistant, also this is ideal learning opportunity for you all to spend time to play with the platform and get used to seeing & using these types of projects; 🔹 How to access 0xScopechat platform 🔹 Please go to the following link below and that will take you to the platform: https://ai.0xscope.com Once on the home page of the site, find the three lines drop down menu, once you've done that a menu will appear, right at the top of that menu you'll see 'Register', select that option. You'll now see a place to put your email address & referral code, please enter the following referral code in the designated box: ZS68Qoi5 By doing this, you'll get Two additional Scopepoints & once you've created your account I advise you all going your 0xScope by touching the drop down menu & selecting the green icon and where is says 'Earn More Points', select this option & complete the on screen tasks for more points; 🔹 0xScope Official Links 🔹 Website: https://0xscope.com X Profile: @ScopeProtocol Telegram: https://t.me/scope_official Discord: https://discord.com/invite/Aa4XgybupY Youtube: https://m.youtube.com/@0xscope172

🚨 Layerswap Hack Ongoing 🚨 Avoid Layerswap website as there is a ongoing attack happening on site with a potential wallet drainer attached; Stay safe 🚨

☸ Introduction into Angel Investment ☸ Angel investors are individuals who provide capital for business ventures and startups in need of funding. These are typically wealthy individuals, who are often business founders & CEOs themselves, and exchange their own money for a share of the company they are investing in; ☸ 🟢 Pros and 🔴 Cons on using Angel investment ☸ 🟢 - Angel investors are whilling to take risks 🔴 - Angel investors have higher expectations, 10x on initial investment within the first 5-7 years respectively 🟢 - Angel investment is not a loan 🔴 - With Angel investment, they'll be 'strings attached' to using this pathway 🟢 - Using Angel investment, your odds of success rises 🔴 - Having Angel investment, your are not in complete control and have a say in governance decisions which effects the entity in question The data in this graphic shows the most active Angels in the web3 industry with data courtesy of #dropstab

🛡 Top 20 early stage AI projects courtesy of #droptab; Early stage project means that's either the early stage of protocol/platform development and/or looking for capital and/or had 1st successful funding round; Highlights being Gensyn, Allora, Privasea, Aethir and Giza 🛡

🛡 If you hold the following assets, this is important intell for you happening over the dates between 20th March - 22nd March respectively: 🔘 $ID = 16.16% of Marketcap Unlock 🔘 $BCUT = 19.97% of Marketcap Unlock 🔘 $ML = 21.24% of Marketcap Unlock 🛡

🛡 Latest funding rounds from the week begining the 11th March to 17th March respectively, take note of Bearchain and Polyhedra as ones with the most potential 🛡

Every transaction is accompanied by a digital signature, a cryptographic mechanism that validates the control of the correct private key without revealing it, thus ensuring security. 🟣 Hardware & Infrastructure Layer 🟣 Provides the necessary capacities to host a blockchain; Blockchain architecture extends to hardware and infrastructure. In this layer, In Proof-of-Work consensus protocols, miners and validators operate, with miners creating new blocks using specialized equipment (GPU, ventilator, stabilizer) and electricity, and validators running nodes for block mining; As for data storage, some blockchains opt for third-party decentralized data hostings, such as Filecoin, IPFS, Arweave, or Firebase, due to capacity limitations; Nodes, or clients, come in three types: full, light, and archive nodes. Full nodes store the entire chain’s state, participate in consensus processes, and provide data upon request. Light nodes host only block summaries, while archive nodes store transaction data from the genesis block to the present, available for user queries. 🐟 What are Layer 1 and 2 Blockchains 🐟 Layer 1 blockchains are foundational and self-sustaining chains. They are mostly public and permissionless. A typical layer 1 blockchain has all components of blockchain architecture; The scalability of most L1s, however, can be quite modest due to their technical bottlenecks. Some L1s have been proactive with native scaling solutions. For instance, Ethereum is implementing sharding to fast-track it throughput; Examples of L1 Blockchains: ♦️ Bitcoin $BTC ♦️ Ethereum $ETH ♦️ Cosmos $ATOM ♦️ MultiversX $EGLD ♦️ Avalanche $AVAX Layer 2 blockchains provide scaling in the form of higher throughput and lower gas while relying on L1 for security and underlying operations. But they typically implement a different consensus layer; There are various creative ways L2 carries out its scaling activities: running a side chain, state channels, rollups, or nested blockchains; Examples of L2 Blockchains: 🔷 Polygon Network $MATIC 🔷 Optimism $OP 🔷 Starknet $STRK 🔷 Metis $METIS 🔷 Arbitrum $ARB 🐟The differences between L1 and L2 Blockchains 🐟 🟢 The difference in Purpose 🟢 The purpose of Layer 1 blockchains is to work independently. This is evident in their independent, self-existing, and primary nature. They have all the data availability layer, consensus layer, and execution layer within themselves. But that is not the case for Layer 2 scaling solutions; Their purpose is to help Layer 1 blockchain and not to be base blockchains themselves. Thus, layer 2 networks are dependent on the primary network by design; 🟢 The difference in Scalability Methods 🟢 The second major difference is the division in how each achieves scalability. Layer 1 blockchains utilize methods such as changing the consensus mechanism, forking the chain, and sharding. In contrast, Layer 2 scaling solutions exist as state channels, nested blockchains, rollups, and sidechains. 🐟 Post Summary 🐟 Ethereum's Layer 1 and Layer 2 are integral components of the blockchain's ecosystem. While Layer 1 provides a secure and decentralized foundation, Layer 2 solutions offer scalability and cost-effectiveness. By understanding their dynamics, strengths, and challenges, users and developers can make informed decisions and contribute to a more efficient, inclusive, and innovative DeFi landscape. As US policymakers navigate the complex world of DeFi, understanding these layers and their implications is crucial for informed decision-making and future regulatory considerations. 🐟 Blockchain Resources Links 🐟 ▫️ Blockchain Demo: https://blockchaindemo.io/ A 28 step walkthrough guide explaining the terms and processes in a blockchain stack; ▫️ Fireblocks: https://www.fireblocks.com/blog/the-rise-of-the-blockchain-architect/ ▫️ Hacken: https://hacken.io/discover/l1-l2-scalability/ ▫️ Wilson Centre: https://www.wilsoncenter.org/article/understanding-ethereums-layer-1-and-layer-2-differences-adoption-and-drawbacks

🐟 Introduction in Blockchain Architecture and Blockchain Scaling Solutions 🐟 Blockchain architecture refers to the components and subcomponents or layers that make up a complete blockchain system. Each layer has a unique role, from storing data to maintaining network connectivity and ensuring consensus across the system; Understanding these layers is crucial for blockchain developers and start-up entrepreneurs seeking to leverage blockchain technology effectively. 🐟 What are the types of Blockchain 🐟 🟡 Public Blockchain 🟡 Public blockchains are open to everyone and are not restricted by permissions. They can employ a variety of consensus mechanisms, although scalability can be challenging due to the increasing demands of a broad user base. Bitcoin and Ethereum are classic examples. 🟡 Private Blockchain 🟡 Private blockchains are created for enterprise needs. It is a permissioned blockchain that is only accessible to a selected few, typically for business organizations. Hyperledger Fabric is one of the most prominent private blockchains. 🟡 Hybrid Blockchains 🟡 Public and private blockchains have their pros and cons. The idea behind a hybrid blockchain, like Dragonchian, is to get the best of the two worlds. 🟡 Consortium Blockchains 🟡 Consortium blockchains, such as R3 Corda, are owned and governed in partnership, i.e., when several private nodes form a consortium blockchain. 🐟 What are the layers of Blockchain 🐟 🟣 Application Layer 🟣 Provides blockchain-based applications for the end user; The application layer is the end product of the entire system offering specific products for the users, for example: wallet, lending, staking, etc. 🟣 Service and Optional Components 🟣 Amplifies blockchain capabilities with additional features; The services layer creates Web3 interconnection, removing barriers and enabling smooth interactions. Optional elements include Decentralized Autonomous Organisations (DAOs), aiding administration and communication in networks like Arbitrum and Polygon, but absent in Bitcoin and Ethereum. Oracles bridge Web3 applications with real-world data on asset pricing, aiding off-chain computations; Hot wallets store on-chain assets but also serve as access points, for example, Metamask or Kaikas, a native wallet for Klaytn. Lastly, block explorers track chain health, helping detect technical glitches and security breaches and mitigate issues early. 🟣 Protocol (Consensus) Layer 🟣 Set rules for node agreement on the state; The protocol layer sets the rules for blockchain participation, with the consensus mechanism being its key component. Consensus ensures agreement among nodes for block mining and processing and outlines validator requirements, varying across proof-of-work, proof-of-stake, and other consensus mechanisms; Propagation protocol broadcasts decisions, while protocol audits ensure security against threats like 51% attacks. 🟣 Network Layer 🟣 Provides for peer node interaction; The network layer enables effective discovery and interaction among peers called nodes. Typically, a node locates a bootnode, which scans for available peers and initiates bonding. As information circulates, it’s safeguarded through a Trusted Execution Environment (TEE) to maintain integrity. Node session maintenance varies across networks; for example, Ethereum employs Recursive Length Prefixes, defining the time nodes take to locate, authenticate, and share data. 🟣 Data Layer 🟣 Ensures secure and confident message transmission; The data layer of blockchain technology is primarily concerned with data storage and structure. It houses the blockchain, a linear succession of blocks that store transaction information. Depending on the specific blockchain, the data structure can range from a simple transaction list, such as the one used by Bitcoin, to a more intricate structure, like Ethereum’s state trie, which stores contract state information;

🛡 This weeks market overview with data provided by #dropstab 🛡

📜 The provenance of Babylon of Koi 📜 It's a unique name for a special community, I wanted something so it makes someone think why is it called the way it is, so below I'm going to explain the meaning behind the name and what that symbolises; 📜 Part 1: Babylon 📜 For this we have to back to before christ, right to the beginning of global civilizations. In (539 - 330 BCE), Babylon was the capital of the first world empire in history, also known as the Achaemenid Empire. At its height, it united a territory stretching from present day India to Libya and it would take 2,000 years before significantly larger empires emerged in early modern Eurasia. The sixth and best-known of the Amorite dynasts, Hammurabi (1792–50 bce), conquered the surrounding city-states and raised Babylon to the capital of a kingdom comprising all of southern Mesopotamia and part of Assyria (northern Iraq). Its political importance, together with its favourable location, made it henceforth the main commercial and administrative centre of Babylonia, while its wealth and prestige made it a target for foreign conquerors. 📜 Why Babylon 📜 It's fitting that the first ever world empire was known for its wealth and prestige, taking this into account, this is the reason why Babylon was chosen to be in the name of our community; 📜 Part 2: Koi 📜 The koi are an ancient species of fish that have been part of Asian cultures for thousands of years. It is thought that the earliest depictions of koi date back to the Jin dynasty in 265 A.D. But it was during the Edo period (1603-1868) that the spiritual meaning of koi became prominent in Japanese culture. During this time, many believe that a belief formed about the transformative powers of koi and their ability to ascend into a dragon if they swim upstream against strong currents with great determination and perseverance; Through this legend, Koi became a symbol of many positive spiritual meanings, including hope, luck, success, ambition, and strength; 📜 Why Koi 📜 Koi a symbol of good luck, perseverance, and wealth. They also represent overcoming struggles and have even come to signify strong friendships due to the fact that they rely on each other for survival against strong currents; Furthermore, the bright colors and bold patterns found on some varieties of koi have led many to believe that they can help bring peace, harmony, and positivity into one's life. The meaning of koi fish has transcended the boundaries of culture and become a universal symbol of strength in the face of obstacles; This is what our community is all about and was the perfect combination of history and symbolism to bring into the present day and present a new meaning to these historic periods in time; This is also the reason why our community is called the KoiKasians, we are stronger together and together we'll rise to prosperity and eternal happiness; For more information on the first world empire and the symbolism of koi, go to the following links below: Babylon: https://www.britannica.com/place/Babylon-ancient-city-Mesopotamia-Asia Koi: https://www.kodamakoifarm.com/what-is-nishikigoi-history-meaning/

🔥 #Ethereum L2s gas prices slashed by #dencun upgrade on the blockchain 🔥 Tomorrow, March 13, the highly anticipated #dencun upgrade will roll out; With Ethereum gas fees hitting new highs with every bullrun, the urgency for the dencun upgrade is clear; This upgrade promises to revolutionise L2 ETH scaling, reducing transaction fees and enhancing scalability for the ETH ecosystem; For more information on this subject matter, please refer to the link below courtesy of #decrypt: https://decrypt.co/221203/ethereum-dencun-upgrade-bullish-analysts

❇️ Stage 3: Mint the Satoshi Protocol Genesis NFT ❇️ ❇️ Go to the following link to access the Satoshi Protocol campaign interface below: ❇️ Scroll down to where it says requirements and if you've got green ticks your all set to mint, if not please see part one of this opportunity above; ❇️ Press the Mint button and follow the prompts from your web3 wallet to successfully mint the genesis NFT, you'll know you've been successfully as the button will change to saying 'Minted' ❇️ Bonus Satoshi Protocol Stage - 7K OATs remaining ❇️ ❇️ Go the following link to join Satoshi Protocol Galxe Campaign: https://galxe.com/YwrNUBkpFyTpkRJTcKmZcX/campaign/GCXa9t4FDx ❇️ Complete the social tasks on screen and once completed you'll have all green ticks next to each task; ❇️ Proceed to mint the Satoshi Protocol Pioneer OAT for free; This is a recently developed testnet, so please be aware not everything will be smooth sailing and if you find any bugs, please report them to the project using official channels; ❇️ Official Satoshi Protocol Links ❇️ Website: https://satoshiprotocol.org/ X Profile: @SatoshiBEVM Discord: https://discord.gg/satoshiprotocol Satoshi Protocol Guide: https://docs.satoshiprotocol.org/intro/introduction Telegram: https://t.me/satoshi_sat Satoshi Protocol Blog: https://medium.com/@satoshi-protocol Satoshi Protocol Web App: https://app.satoshiprotocol.org/dashboard Satoshi Protocol Galxe Campaign: https://galxe.com/YwrNUBkpFyTpkRJTcKmZcX

❇️ Satoshi Protocol testnet mint opportunity - ends 18th March❇️ The Satoshi Protocol serves as a cornerstone for the BTC DeFi evolution, introducing a CDP-style stablecoin system built on the BEVM. ❇️ How to mint Satoshi Protocol Genesis NFT❇️ Go to the following invite link below to join the $BEVM discord to access the $BEVM faucet: https://discord.gg/gRJ72RcrNK Once in the server, go to the faucet channel and type the following: /faucet address: your $ETH address and press send Now your ready to access the app and connect your web3 wallet to the $BEVM *Bitcoin Ethereum Virtual Machine* canary testnet by going to the following link below: https://app.satoshiprotocol.org/dashboard Once you've are on the app, please look for the drop down menu at the top of the screen, open and scroll down to see 'Connect Wallet', press this button and a you should be prompted to add the $BEVM testnet chain to your wallet, press approve and your now ready to create your first position on Satoshi Protocol; ❇️ Stage 1: Create Position on Satoshi Protocol ❇️ ❇️ Go to the following link to access the Satoshi Protocol position interface below: https://app.satoshiprotocol.org/position ❇️ Click on 'Create Position; ❇️ Deposit BTC and borrow SAT, making sure the collateral ratio remains above 110% and that you borrow a minimum of 18 SAT. I used 0.000325, this will get your to the minimum $SAT requirement; ❇️ Click 'Approve' and then confirm the transaction in your web3 wallet; ❇️ Once approved, click 'Create Position' and follow the prompts from your wallet to complete the transaction; Once you've successfully created a position and got your $SAT, your ready for Stage 2; ❇️ Stage 2: Deposit $SAT into Satoshi Protocol Stability Pool ❇️ ❇️ Go to the following link to access the Satoshi Protocol Stability Pool below: https://app.satoshiprotocol.org/sp ❇️ Input the amount of SAT you wish to deposit, I only used half and put 9 $SAT in for reference; ❇️ Click 'Deposit' and follow prompts to complete the transaction....

🛡 Latest funding rounds from the week begining the 4th March to 10th March respectively, take note of Zama and TokenFi as ones with the most potential 🛡

🛡 200K in 10 days of this community forming, I don't normally get lost for words, but damn and must be one of, if not the fastest growing community on Telegram; Just remember your all still early into this asset class and gathering as much knowledge and know-how in this present time, will stand you all very positively for the future; KoiKasians, thank you for you all becoming apart of this community and together we'll all grow in the present and future of web3 🛡