Chowdhury (@dannydevito) • Hey
Content Creator, Photographer
Publications
- 📚 **Fun fact about posts on #Lens!**
They can be hosted on either centralized or decentralized resources.
Decentralized ones cannot be deleted. A better name for the "Delete" button (@lenster.lens) in this case would be "Hide" because, technically, it is more accurate. Such a post can still be viewed even after deletion.
On the other side, centralized ones can be deleted if you or anyone else can access the centralized host. Or better, if a post owner can delete it, he can also change the content. So, when you see a post, you can only be sure that the content will stay the same once you know whether it is centralized or not (better not to believe in bet predictions on Lens, right?).
And since comments are technically still posts (but with a reference), we can edit them as well and make some dirty game. In general, there will be no edit tracks unless the comment's content has been uploaded to some sort of archive.
That was my first thought, but then I dug a little deeper. The trick won't work with the default Lens indexer that everyone uses nowadays because it indexes posts only once after transaction confirmation on #Polygon. So, basically, it copies your post to the indexer's DB, and later, when you use Lenster or some other client, you don't get the data from the actual post's content URL but from this DB.
I wondered why it works like that because this means the indexer's DB won't represent the actual state of the blockchain in some cases. I've written in the Lens Discord, and the answers were as follows:
https://discord.com/channels/918178320682733648/1080136391989669989/1080230235854864446
@cesare.lens: "To be clear the blockchain data is not changed, on-chain each post|comment has a content URI that cannot be changed. The contentURI has to point to a public location. From an immutability perspective a "purist" would argue to use an immutable data storage (e.g. IPFS) still the Lens Protocol does not stop you to use a URL you control. The indexer is driven primarily by on-chain events to determine what and when to fetch contentURI. Updating the file won't cause a chain event so simply updating the file won't work."
@wagmi.lens: "We will add a refresh endpoint soon it's on the radar"
Previous posts:
1. Beginning - https://lenster.xyz/posts/0x8218-0x6c
2. Lens on the zkEVM testnet - https://lenster.xyz/posts/0x8218-0x96
#learning #notes #dev
💰 **Mirror, like, and follow** to get **0.123 WMATIC**; limited to the first 100 users.
Thanks to @wav3s.lens
- 📚 **Fun fact about posts on #Lens!**
They can be hosted on either centralized or decentralized resources.
Decentralized ones cannot be deleted. A better name for the "Delete" button (@lenster.lens) in this case would be "Hide" because, technically, it is more accurate. Such a post can still be viewed even after deletion.
On the other side, centralized ones can be deleted if you or anyone else can access the centralized host. Or better, if a post owner can delete it, he can also change the content. So, when you see a post, you can only be sure that the content will stay the same once you know whether it is centralized or not (better not to believe in bet predictions on Lens, right?).
And since comments are technically still posts (but with a reference), we can edit them as well and make some dirty game. In general, there will be no edit tracks unless the comment's content has been uploaded to some sort of archive.
That was my first thought, but then I dug a little deeper. The trick won't work with the default Lens indexer that everyone uses nowadays because it indexes posts only once after transaction confirmation on #Polygon. So, basically, it copies your post to the indexer's DB, and later, when you use Lenster or some other client, you don't get the data from the actual post's content URL but from this DB.
I wondered why it works like that because this means the indexer's DB won't represent the actual state of the blockchain in some cases. I've written in the Lens Discord, and the answers were as follows:
https://discord.com/channels/918178320682733648/1080136391989669989/1080230235854864446
@cesare.lens: "To be clear the blockchain data is not changed, on-chain each post|comment has a content URI that cannot be changed. The contentURI has to point to a public location. From an immutability perspective a "purist" would argue to use an immutable data storage (e.g. IPFS) still the Lens Protocol does not stop you to use a URL you control. The indexer is driven primarily by on-chain events to determine what and when to fetch contentURI. Updating the file won't cause a chain event so simply updating the file won't work."
@wagmi.lens: "We will add a refresh endpoint soon it's on the radar"
Previous posts:
1. Beginning - https://lenster.xyz/posts/0x8218-0x6c
2. Lens on the zkEVM testnet - https://lenster.xyz/posts/0x8218-0x96
#learning #notes #dev
💰 **Mirror, like, and follow** to get **0.123 WMATIC**; limited to the first 100 users.
Thanks to @wav3s.lens
- 📚 **Fun fact about posts on #Lens!**
They can be hosted on either centralized or decentralized resources.
Decentralized ones cannot be deleted. A better name for the "Delete" button (@lenster.lens) in this case would be "Hide" because, technically, it is more accurate. Such a post can still be viewed even after deletion.
On the other side, centralized ones can be deleted if you or anyone else can access the centralized host. Or better, if a post owner can delete it, he can also change the content. So, when you see a post, you can only be sure that the content will stay the same once you know whether it is centralized or not (better not to believe in bet predictions on Lens, right?).
And since comments are technically still posts (but with a reference), we can edit them as well and make some dirty game. In general, there will be no edit tracks unless the comment's content has been uploaded to some sort of archive.
That was my first thought, but then I dug a little deeper. The trick won't work with the default Lens indexer that everyone uses nowadays because it indexes posts only once after transaction confirmation on #Polygon. So, basically, it copies your post to the indexer's DB, and later, when you use Lenster or some other client, you don't get the data from the actual post's content URL but from this DB.
I wondered why it works like that because this means the indexer's DB won't represent the actual state of the blockchain in some cases. I've written in the Lens Discord, and the answers were as follows:
https://discord.com/channels/918178320682733648/1080136391989669989/1080230235854864446
@cesare.lens: "To be clear the blockchain data is not changed, on-chain each post|comment has a content URI that cannot be changed. The contentURI has to point to a public location. From an immutability perspective a "purist" would argue to use an immutable data storage (e.g. IPFS) still the Lens Protocol does not stop you to use a URL you control. The indexer is driven primarily by on-chain events to determine what and when to fetch contentURI. Updating the file won't cause a chain event so simply updating the file won't work."
@wagmi.lens: "We will add a refresh endpoint soon it's on the radar"
Previous posts:
1. Beginning - https://lenster.xyz/posts/0x8218-0x6c
2. Lens on the zkEVM testnet - https://lenster.xyz/posts/0x8218-0x96
#learning #notes #dev
💰 **Mirror, like, and follow** to get **0.123 WMATIC**; limited to the first 100 users.
Thanks to @wav3s.lens
- lens protocol really provides a new experience in social media. I like it very much.
- lens protocol really provides a new experience in social media. I like it very much.
- lens protocol really provides a new experience in social media. I like it very much.
- Sunk Cost Fallacy & NFTs
In recent years, Non-Fungible Tokens (NFTs) have taken the art world by storm, with some digital artworks selling for millions of dollars. While NFTs have brought unprecedented attention to the digital art space, they have also raised concerns about the sunk cost fallacy. In this article, we will explore the concept of the sunk cost fallacy, how it applies to NFTs, and why it is important to let go of past investments to avoid making poor financial decisions.
What is the Sunk Cost Fallacy?
The sunk cost fallacy is a cognitive bias that refers to the tendency of individuals to continue investing in a project or asset, even if it is no longer profitable or has become a liability. This is because people tend to focus on the amount of time, money, or effort they have already invested, rather than on the potential future benefits or losses. This fallacy is prevalent in all areas of life, from personal relationships to business ventures.
How Does the Sunk Cost Fallacy Apply to NFTs?
NFTs are unique digital assets that are sold on a blockchain. They have gained immense popularity in recent years, with some pieces selling for millions of dollars. However, the sunk cost fallacy can come into play when people invest in NFTs. For example, if someone purchases an NFT for a high price and its value decreases over time, they may still hold onto it because they have already invested a significant amount of money in it. This decision can lead to further losses, as they may be unwilling to let go of the asset, even though it is no longer profitable.
The Risks of Investing in NFTs
While NFTs have the potential to be lucrative investments, they also come with significant risks. One of the main risks is the volatility of the market. The value of NFTs can fluctuate wildly, and there is no guarantee that an NFT will increase in value over time. Additionally, NFTs can be difficult to sell, which can make it challenging to exit an investment if necessary.
How to Avoid the Sunk Cost Fallacy in NFT Investments
To avoid falling prey to the sunk cost fallacy when investing in NFTs, it is important to approach investments with a clear mind and a long-term strategy. This involves setting clear investment goals and determining when to cut losses and move on. Additionally, it is important to do thorough research before investing and to be aware of the risks involved.
One way to avoid the sunk cost fallacy is to establish a predetermined exit strategy. This means setting a specific target for when to sell an NFT, regardless of its current value. For example, an investor might decide to sell an NFT if its value drops below a certain threshold or if they have held onto it for a set period of time.
It is also important to consider diversifying investments. Investing in a variety of NFTs can help to spread out risk and minimize losses in the event that one investment does not perform as expected.
The Importance of Letting Go of Past Investments
Letting go of past investments can be challenging, but it is often necessary to avoid making poor financial decisions. By holding onto an asset that is no longer profitable, individuals may continue to incur losses and miss out on more lucrative investment opportunities. Therefore, it is important to make rational decisions based on current market trends and future potential, rather than past investments.
Conclusion
NFTs have brought unprecedented attention to the digital art space, but they also come with significant risks. The sunk cost fallacy can make it difficult for investors to make rational decisions about when to sell an NFT
- Sunk Cost Fallacy & NFTs
In recent years, Non-Fungible Tokens (NFTs) have taken the art world by storm, with some digital artworks selling for millions of dollars. While NFTs have brought unprecedented attention to the digital art space, they have also raised concerns about the sunk cost fallacy. In this article, we will explore the concept of the sunk cost fallacy, how it applies to NFTs, and why it is important to let go of past investments to avoid making poor financial decisions.
What is the Sunk Cost Fallacy?
The sunk cost fallacy is a cognitive bias that refers to the tendency of individuals to continue investing in a project or asset, even if it is no longer profitable or has become a liability. This is because people tend to focus on the amount of time, money, or effort they have already invested, rather than on the potential future benefits or losses. This fallacy is prevalent in all areas of life, from personal relationships to business ventures.
How Does the Sunk Cost Fallacy Apply to NFTs?
NFTs are unique digital assets that are sold on a blockchain. They have gained immense popularity in recent years, with some pieces selling for millions of dollars. However, the sunk cost fallacy can come into play when people invest in NFTs. For example, if someone purchases an NFT for a high price and its value decreases over time, they may still hold onto it because they have already invested a significant amount of money in it. This decision can lead to further losses, as they may be unwilling to let go of the asset, even though it is no longer profitable.
The Risks of Investing in NFTs
While NFTs have the potential to be lucrative investments, they also come with significant risks. One of the main risks is the volatility of the market. The value of NFTs can fluctuate wildly, and there is no guarantee that an NFT will increase in value over time. Additionally, NFTs can be difficult to sell, which can make it challenging to exit an investment if necessary.
How to Avoid the Sunk Cost Fallacy in NFT Investments
To avoid falling prey to the sunk cost fallacy when investing in NFTs, it is important to approach investments with a clear mind and a long-term strategy. This involves setting clear investment goals and determining when to cut losses and move on. Additionally, it is important to do thorough research before investing and to be aware of the risks involved.
One way to avoid the sunk cost fallacy is to establish a predetermined exit strategy. This means setting a specific target for when to sell an NFT, regardless of its current value. For example, an investor might decide to sell an NFT if its value drops below a certain threshold or if they have held onto it for a set period of time.
It is also important to consider diversifying investments. Investing in a variety of NFTs can help to spread out risk and minimize losses in the event that one investment does not perform as expected.
The Importance of Letting Go of Past Investments
Letting go of past investments can be challenging, but it is often necessary to avoid making poor financial decisions. By holding onto an asset that is no longer profitable, individuals may continue to incur losses and miss out on more lucrative investment opportunities. Therefore, it is important to make rational decisions based on current market trends and future potential, rather than past investments.
Conclusion
NFTs have brought unprecedented attention to the digital art space, but they also come with significant risks. The sunk cost fallacy can make it difficult for investors to make rational decisions about when to sell an NFT
- Dreaming of wandering in the tulip fields. 🌷
Dreaming of wandering in the tulip fields. 🌷
#tulips #tulpen #keukenhof #tulipani #tulipfestival #tulipanes #tulipfields #tulipsofinstagram #tulipsaremyfavorite #tulipshalwar #tulipsfordays #tulipsgarden #tulipsinholland #tulipstagram #tulipseverywhere #tulipshop #tulipsbouquet #tulipshawl #tulipstore #tulipsyari #tulipslove #flowerstagram #flowersofinstagram #tulipsofinstagram #springflowers #tulipseason #flowerphotography #bollenstreek #springtime #keukenhof
- Ever seen the beauty of Germany? Would you love to travel here? 😍🇩🇪
#Germany #germany🇩🇪 #germanytourism #ig_germany #placestovisit #theprettycities #visiting #travelinspiration #amazingdestination #europetravel #travelingram_click #igtravellers #HappyTravelling #traveltheworld #traveling_world #SeeTheWorldWithMe #Travelbooks #HappyTraveller #NextDestination #TravelJunkies #GoExploreWander #AdventureSeekers #LoveThisCity #siteseeing #CityExplore #CityAtNight #Cityescape #TravellingSolo #TravellingAlone
- 💰Our reward systems this month are moving to those who purchase our products. These products will range from NFT wearables, physical shoes, and collectable NFTs.
🚀For today only mint 4 and get enough Z1 tokens airdropped to mint 4 more in our next mint window. ( Our mint opens just for these tokens on these days)
Airdrop total - 176Z1
Chain - POLYGON
Price - 14MATIC
Mint here
⬇️ ⬇️ ⬇️ ⬇️
https://www.z1nkx.app/
- What a congested matic.
- "Crypto" means different things to different people.
The public figures who stake their identity on being against it have a completely different view of it than the people building in crypto during this bear market.
Detractors see crypto as a threat to everyday citizens and consumers.
But what if crypto is or at least has the potential to be exactly the opposite of what these detractors believe? 🤔
For us, being "pro-crypto" means being pro...
🦸🏽♀️ Human
🔒 Privacy
🌐 Internet
🧫 Science
🛡️ Security
🕊️ Freedom
🤗 Inclusivity
💪 Resilience
💡 Innovation
📈 Scalability
🫂 Mutual Aid
👥 Community
👑 Sovereignty
🌱 Regeneration
🔎 Transparency
🤝 Collaboration
🌐 Global access
🔗 Trustlessness
♻️ Sustainability
🗽 Independence
🔀 Interoperability
🌐 Decentralization
🚀 Self-governance
🧱 Supermodularity
🔬 Experimentation
💰 Financial Literacy
🔑 Digital Ownership
💸 Quadratic Funding
🗳️ True Democratization
🛍️ Borderless Commerce
🔄 Peer-to-Peer Networks
💪 Economic Empowerment
🌍 A Better Future For Everyone
For those of you in the industry, what does crypto mean to you?
- The number of notifications received by all users on Lens. One picture is since the start, and the other is over the past 3 months. You can look up your own using this dashboard here: https://predictcrypto.shinyapps.io/lens_user_notifications/
Some of these have been low effort just taking other templates and changing the query and design. Stay tuned, in the next two weeks I'll be releasing cooler data tools 😊 some will have a focus on being useful, others will focus on being fun and interesting. Will also work on open sourcing everything but I'm really busy with work so it may not be this week.
- Hurry up and gas up the truck! My new song "music city." is hitting Sound this Friday and we're the first-ever Pop Country artist to drop utilizing the new Sound Drops feature. Let's make Music NFT history!
Set your text reminder - https://laylo.com/sammyarriaga/456lI
Listen to full song before the mint - https://www.sound.xyz/sammyarriaga/music-city
- Daily update for my trip photo.
Another view of Jinsha River.
- Well good pump today, never forget the most important thing on cripto: take profits :)
- Well end of the month. Did you finish the mont green or red? New tips that you learned?
- What future airdrops are you looking right now?
- Collect the first ever Ziggy Ziggy snippet for free 💫
This blissed-out track comes from Beachcrimes - a dance duo and former songwriters for Chainsmokers and Halsey.
BONUS: We'll randomly select one collector to airdrop a full version of the track when it drops on Sound.xyz. Follow us for more snippets soon!
- Karşıyaka/İzmir
- Best Motivation
- Crossed 2M transactions on ✨Linea testnet!
Huzzah!🎉
- Best Motivation
- 💥 🚨 💥 🚨 💥 🚨 💥 🚨 💥
Buttrfly Android Beta is here!!!!!!
This is an early beta, so we need users to help test the app on as many devices as possible.
If you see any issues, please send a screenshot with what android version and device you use.
Download:
https://play.google.com/apps/testing/com.buttrfly.buttrflyapp
- oops! 😅
What do you think?!👀
- Blockchain Agnostics and Traveling to New Chains for Gains
Blockchain agnosticism is a concept that allows users to use multiple blockchains interchangeably without being tied to a specific blockchain network. Traveling to new chains is a common strategy used by blockchain agnostics to diversify their blockchain investments and mitigate the risks of being tied to a specific blockchain network. In this article, we will explore the benefits and challenges of traveling to new chains and how it can lead to big airdrops.
Benefits of Traveling to New Chains
Traveling to new chains provides users with the opportunity to take advantage of the unique features and benefits of different blockchain networks. For instance, some blockchain networks are faster, cheaper, and more scalable than others. By diversifying their blockchain investments, users can also mitigate the risks of being tied to a specific blockchain network that may have security or scalability issues.
Additionally, getting early on new blockchain networks can be an excellent strategy for blockchain agnostics to take advantage of big airdrops. When a new blockchain network launches, they often distribute free tokens or cryptocurrencies to early adopters as a way to bootstrap the network's ecosystem. These airdrops can be a significant source of income for blockchain agnostics who are quick to join new blockchain networks.
Challenges of Traveling to New Chains
Traveling to new chains can also present challenges for users. For instance, some blockchain networks may be less secure than others, and users may need to take extra precautions to protect their assets and data. Additionally, traveling to new chains can be time-consuming and costly, especially if users need to swap their assets or currencies to participate in the new blockchain network's ecosystem.
Moreover, traveling to new chains may lead to fragmentation in the blockchain ecosystem, making it challenging to maintain interoperability and standardization across different blockchain networks. As more users move their assets and data to different blockchain networks, it may become more challenging to manage and ensure the integrity of the blockchain ecosystem as a whole.
Conclusion
Blockchain agnosticism is the concept of being agnostic to a specific blockchain network and being able to use multiple blockchains interchangeably. By traveling to new chains, users can take advantage of the unique features and benefits of different blockchain networks, diversify their blockchain investments, and mitigate the risk of being tied to a specific blockchain network.
However, traveling to new chains also has its risks and challenges, such as fragmentation and the need for extra precautions to protect assets and data. As the blockchain ecosystem grows, we may see more collaboration and interoperability between different blockchain networks to facilitate blockchain agnosticism.
If you like content like this, this post can be collected
- Let him go
- Are you ready to free the bird, degen??
Presenting Twitter Passport by Proof-of-Talent – your on-chain reputation to jump to web3 social 📯🚀
Proof-of-Talent represents your decentralized professional identity. Twitter Passport stores your social media reputation on-chain – own it as an NFT 🤝
In other words, we help you stop paying the rocket man and jump 100% to decentralized social instead 🚀
Mint your passport 👉 https://kleoverse.com/badge/identity/twitter-passport
We're partnering with your favorite app Phaver to celebrate the launch 🦄 Say byebye to birdie and claim the special Galxe OAT 👇
🐦 Mint Twitter Passport by Sunday midnight GMT
👋 #BYEBYEBIRDIE role at Phaver Guild
📯 RT the launch thread
Claim the badge now and join the revolution, fren 🦄📯👇
https://galxe.com/kleoverse/campaign/GCHzqUVRD7
[Badge: Twitter Passport](https://kleoverse.com/identity/twitter-passport)
Prove your Twitter account ownership by claiming this badge
- Should Lens be on its own network or rollup?
- Honestly AI produces better content than most of the people
- wait I’ll start!
"orb app launches a feature that allows users to order pizza with their mind. 🤯”
ps: wrong and funny responses are accepted only! 👀
- Hacker Smurf auction just completed!
The 25 Hackers sold ranging from 1 to 2ETH
The floor is already at 3ETH 🤯
Ranking @thesmurfssociety.lens in the Opensea top 30 🔥
💙 Next stop is the Bucket auction 💙
- Hello frens, my name is Lenster #17 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden
- Hello frens, my name is Lenster #18 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #OrbApp #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden #Crypto #web3
- Hello frens, my name is Lenster #19 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #OrbApp #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden #Crypto #web3
- Hello frens, my name is Lenster #20 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #OrbApp #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden #Crypto #web3
- Hello frens, my name is Lenster #21 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #OrbApp #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden #Crypto #web3
- Hello frens, my name is Lenster #22 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #OrbApp #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden #Crypto #web3
- Hello frens, my name is Lenster #23 🌿
I am thrilled to be joining the Garden. 🌈 🦄
#FantasyLabs #Lenster #Lensters #frens #Lens #Lenster #Orb #OrbApp #Buttrfly #Lensta #NFT #Fantasy #NFTFantasy #FantasyArt #NFTCollectable #NFTCollectables #Collectable #Garden #Crypto #web3
- Night
- Orucreis Balci - Miss You (Official Music Video)
Stream : https://fanlink.to/OrucreisBalciMissYou
- Pet cats
- Pet cats
- Pet cats
- Lens will be a critical piece in the Internet video creator stack. It’s only a matter of time.
Creative content distribution is outdated. Creativity will be enabled by real relationships between creators and their supporters.
Many of those relationships will be made here - on Lens.
Glass is a protocol for creating on-chain video experiences. Lens is how video creators will tell the story and build a community around those experiences.
In the coming weeks, we want to release a playbook for making the most of that synergy. Collect if you're interested ✨
- - ᴀᴄᴛ ᴏғ ʙᴇᴀᴜᴛʏ -
#bytes
"The ocean's beauty is both serene and powerful, a paradoxical masterpiece of nature that invites us to explore its depths, contemplate its vastness, and admire its magnificent creatures. It reminds us of the vastness of the world and the humbling power of the unknown, while at the same time inspiring us with its endless possibilities and wonders."