Publishing

Yield farming satire MEME turns into multi-million dollar crypto project

Degenerator, or MEME, an obscure project that began life as an airdrop to Telegram users, has managed to garner a $3 million market cap and is seeking to carve a niche for itself as a non-fungible token (NFT) farming protocol.MEME emerged from a joke posted by ConsenSys’ DeFi product lead Jordan Lyall, who created a joke advertisement ‘The Degenerator’ — a fictitious tool for creating ponzinomics-inspired yield farming tokens.The joke quickly struck a chord with the crypto community, receiving significant engagement on Twitter. However, within hours of Lyall publishing the

What We Can Learn About Lightning From #LNTrustChain2: Part 1

The first Lightning Network “torch relay” debuted on January 19, 2019, to spread adoption of second-layer Bitcoin payment protocol. When it concluded in April 2019, it boasted 278 participants and 56 countries visited. One year later, Hodlonaut, the person behind the torch inception started the relay again, on January 19, 2020. After a few days, however, it was obvious that the new iteration of the torch was different, starting with a high rate of torches being stolen and ending with the chain being “cancelled” by sending the amount through tippin.me