Block Bytes (@manish) β’ Hey
A blockchain enthusiast and advocate who frequently writes about the upcoming trends, projects, and news in the space.
Follow me on Phaver @mks79 or Twit
Publications
- Did Solana Break Again? | Removing the fud | Blockbytes
#crypto #blockchain #Solana
Solana has always been a controversial blockchain for many crypto users.
The recent problem regarding transaction congestion unfortunately does not help this image.
But is it being judge harshly?
What is the truth behind this recent slowdown?
In this video, I present the details. It is a must watch for all crypto enthusiasts as personally I feel that Solana is only going to get better from here.
Timeline
00:00 Intro
01:36 Solana is the busiest blockchains
02:35 Details of the current problem
03:40 Failed vs Dropped transaction
04:15 What caused the current problem?
07:05 Putting two and two together
07:50 What is the community doing about it?
09:20 Final thoughts
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- Is Bittensor a scam?-Part 3 | Subnets 22-32 | Block Bytes
#crypto #blockchain #bittensor
Bittensor was the subject for some fud on Twitter recently and it reinforced the reason I started this "Is Bittensor a scam?" series.
My goal with this three part series is to bring light to all the work going on within the Bittensor ecosystem so that people can learn and appreciate the project.
Here is the link to my Bittensor playlist
https://www.youtube.com/playlist?list=PLUjZ8OQqpv3iyfw8u2J954NDHB03_XZ84
Timestamp
00:00 Intro
01:30 Subnet 22: Smart Scrape
https://datura.ai/
02:45 Subnet 23: NicheImage
https://nicheimage.streamlit.app/
https://github.com/NicheTensor/NicheImage
03:10 Subnet 24: Omega Labs
https://github.com/omegalabsinc/omegalabs-bittensor-subnet?tab=readme-ov-file#introduction
https://huggingface.co/datasets/omegalabsinc/omega-multimodal
https://anytoany.omegatron.ai/
4:35 Subnet 25: Hivetrain
https://hivetrain.ai/
https://github.com/bit-current/DistributedTraining
05:15 Subnet 26: Alchemy
https://tensoralchemy.ai/
05:35 Subnet 27: Compute
https://www.neuralinternet.ai/
https://github.com/neuralinternet/compute-subnet
06:45 Subnet 28: S&P 500 Oracle
https://github.com/teast21/snpOracle
07:15 Subnet 29: Fractal Research
https://github.com/fractal-net/fractal
07:45 Subnet 30: WOMBO AI
https://www.w.ai/about
https://github.com/womboai/wombo-bittensor-subnet
09:10 Subnet 31: TAO Accounting System (TAS)
09:40 Subnet 32: LLM detection
https://its-ai.streamlit.app/
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- Solana has always been a controversial Blockchain for some.
The recent problem regarding network congestion unfortunately does not help this image.
But is it being judged harshly?
What is the truth behind this recent problem?
Find out here.
https://www.youtube.com/watch?v=ZeELb20vIZQ
- The last in the three part series of "Is Bittensor a scam?".
In this video I talk about subnets 22-32.
Do watch.
- Understanding Ritual AI | Innovative Crypto AI project | Block Bytes
Crypto and AI creates a lot if interesting ideas at their intersection.
Ritual was borne out of this need to create a symbiotic relationship between AI and crypto.
On the one hand it provides are decentralized and robust AI training and inference platform and on the other hand it allows applications running on blockchains to integrate with AI models
Link to resources:
https://ritual.net/
https://ritual.net/blog
https://docs.ritual.net/
https://youtu.be/RkX2wSiiphQ
Timeline
00:00 Intro
01:50 What is Ritual?
02:20 Ritual's main product: Infernet
04:10 Off-chain and On-chain components
05:35 Immutable proofs
07:25 Partnerships(EigenLayer, MyShell, & IO.net)
09:15 Final thoughts
==========================================
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- What is Syntropy? | Alternative to RPC and Oracles | Block Bytes
dApps need access to blockchain data but the current predominent way to get this is centralized, slow, and incovenient.
Syntropy provides a completely new paradigm to get access to both real-time and historical blockchain data.
Watch to learn more.
Link to resources:
https://www.syntropynet.com/
https://showcase.syntropynet.com/
https://www.syntropynet.com/post/syntropy-stages
https://dashboard.syntropynet.com/
https://darp.syntropystack.com/
Timeline:
00:00 Introduction to Syntropy
00:55 How is it different?
02:40 What is DARP?
04:30 What is the Data Availablity Layer?
05:30 The NOIA token and chain updates
07:35 Final thoughts
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- What is Chain Abstraction? | Near Protocol | BlockBytes
The cryptoverse is very fragmented.
Every blockchain has its own set of wallets and dApps. Interoperability is still not the same as in the Web2 world.
Chain Abstraction from the Near protocol
promises to get rid of this fragmentation and help developers create web2 type applications in web3.
Let's learn about it.
https://pages.near.org/blog/why-chain-abstraction-is-the-next-frontier-for-web3/
Timeline:
00:00 Current state of crypto
01:05 Intro to Chain Abstraction by Near
01:45 Account Aggregation
02:13 Blockchain Operating System
03:26 Diving deeper into Chain Abstraction
04:55 zkWASM
06:15 Near DA
07:00 Fast Finality
08:25 Impact of Chain Abstraction on Near
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- Is Bittensor a scam?-Part 2 | Subnets 11-21 | Block Bytes
Bittensor has risen 171% since the start of this year.
But why? Is it another scam coin or is there organic growth underneath driving this price action?
In this second video I continue my journey of understanding and presenting Bittensor subnets 11 to 21.
If you are new to Bittensor or crypto AI in general then please watch my earlier videos in this playlist.
https://www.youtube.com/playlist?list=PLUjZ8OQqpv3iyfw8u2J954NDHB03_XZ84
Timestamp:
00:00 Intro
00:30 Subnet 11: Transcription
https://github.com/Cazure8/transcription-subnet
https://transcription.blogchiem.com/
01:10 Subnet 12: Horde
https://github.com/backend-developers-ltd/ComputeHorde
02:15 Subnet 13: Data Universe
https://github.com/RusticLuftig/data-universe/
https://shorturl.at/qBM02
03:05 Subnet 14: LLM Defender
https://github.com/ceterum1/llm-defender-subnet/
https://www.synapsec.ai/
04:45 Subnet 15: Blockchain Insights
https://github.com/blockchain-insights/blockchain-data-subnet/
05:35 Subnet 16: Music
https://github.com/UncleTensor/AudioSubnet/
06:15 Subnet 17: Flavia
https://github.com/CortexLM/flavia/
07:10 Subnet 18: Synthetic Data Generation
https://github.com/corcel-api/cortex.t/
08:05 Subnet 19: Vision
https://github.com/namoray/vision/
https://app.corcel.io/image-studio
08:55 Subnet 20: BitAgent
https://github.com/RogueTensor/bitagent_subnet
10:10 Subnet 21: FileTAO
https://github.com/ifrit98/storage-subnet/
==================================
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- Rug Pull Detection with QuillCheck | QuillAudits | Spotlight#2 with Block Bytes
Afraid of getting rug pulled or scammed in crypto?
QuillCheck is a free to use rug pull scanner from QuillAudits. It performs a very thorough analysis of a token and identifies if it is a honeypot or not.
In this video, I am joined by Jose Paul, Product Manager at QuillAudits as he walks us through QuillCheck.
Website:
https://quillcheck.quillaudits.com/
Telegram:
https://t.me/quillaudits_official/17842
====================================
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- Is Bittensor a scam? | Subnets 1-10 | Block Bytes
Bittensor has risen 125% since the start of this month.
But why? Is it another scam coin or is there organic growth underneath driving this price action?
In this video I present the demand for $TAO by looking at the first ten subnets out of 32.
Timestamp
00:00 Intro
00:25 TAO tokenomics
01:05 What is Bittensor?
https://youtu.be/I55r4FqTdcg
https://youtu.be/_N7xxfzY__U
03:10 Subnet 0: Root
https://docs.bittensor.com
https://paperswithcode.com/paper/bittensor-an-intermodel-intelligence-measure
04:00 Subnet 1: Text prompting
04:40 Subnet 2: Machine Translation
https://github.com/opentensor/text-prompting
https://www.bittranslate.io/
05:10 Subnet 3: Data scraping
https://github.com/gitphantomman/scraping_subnet
https://dashboard.taopulse.io/api
https://bitgrok.ai/?s=08
06:00 Subnet 4: Multi Modality
https://sybil.com
https://manifold.inc
https://github.com/manifold-inc/targon
06:35 Subnet 5: Image Generation
@neural_internet on X
https://github.com/unconst/ImageSubnet
07:15 Subnet 6: Nous Research
https://x.com/NousResearch/status/1752051008736550917?s=20
08:10 Subnet 7: Storage
https://github.com/tensorage
08:40 Subnet 8: Prediction
https://taoshi.io
https://github.com/taoshidev
09:00 Subnet 9: Pre-training
https://github.com/unconst/pretrain-subnet
https://huggingface.co/spaces/RaoFoundation/pretraining-leaderboard
09:50 Subnet 10: Map Reduce
https://github.com/dream-well/map-reduce-subnet
https://taomap.ai
10:45 Is Bittensor a scam?
=====================================
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- One thing that troubled me about Bittensor was the lack of community driven initiatives which is unlike crypto but not any more.
- This is a special video. I recently sat down with Jose Paul from QuillAudits to understand their free to use rug pull detection tool called QuillCheck.
This is a must watch educational video for new and experienced crypto users.
https://youtu.be/aCUZ6Y_2VyQ?si=svPNkPZ6K8abHB5e
https://www.youtube.com/watch?v=aCUZ6Y_2VyQ
- Bitcoin V2: Layer2s, Rollups, Tokens | Blockbytes
#crypto #blockchain #bitcoin
Bitcoin will not remain a store of value asset anymore.
With the emergence of Ordinals and several layer 2 projects, it is seeing renewed activity and development interest.
In this video I provide a window into everything happening in the Bitcoin ecosystem and what to expect in the coming years.
========================================
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- Bittensor has seen a massive 125% rise this year.
Crypto AI is a hot narrative I agree but why just TAO?
Could it be that it is a scam coin gearing up to rug pull?
Or is there a genuine undercurrent of activity that has come to the forefront recently.
In this video I answer this question.
Do watch π
https://www.youtube.com/watch?v=3EGUJ7E060Q
- Ok. Look at this price action.
Now there is some fud going on X that Bittensor is a scam and will rugpull.
No doubt it has seen upwards of 65% gains already this year but I will tackle this claim in my next video.
Is it really a scam or is something brewing under the hood. Going to be an interesting watch so stay tuned.
- What is Shadow Drive? | Decentralized Storage | Block Bytes
#crypto #blockchain #solana #filecoiΜn
A new Solana based protocol has emerged and is challenging Filecoin's dominance.
Shadowdrive is a cheaper, faster, and leaner version of the popular decentralized storage blockchain Filecoin.
In this video, I cover the basics of the protocol and share how it compares to Filecoin.
Timestamp
00:00 Intro
00:15 What is Shadowdrive?
01:25 General comparison with Filecoin
03:20 Processing Speed & Latency
04:05 Scalability
04:25 Data Security
04:50 Data Storage & Retrieval
06:40 Token Supply
07:30 Final Thoughts
=======================================
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- What a use case this is.
ππ
- This week I give you a glimpse into the new Bitcoin ecosystem.
A new world is being created on the first public blockchain and What a sight it is.
From layer 2s to rollups to dApps, I present a basic picture of what the ecosystem looks and what to expect.
https://www.youtube.com/watch?v=zoIkQqt0HNg
- Although this is impressive but not surprising. What is surprising to me is the 0.5% in Bitcoin Liquid Network.
Who would have thought that one day we will see layer 2s on the Bitcoin network but here we are.
Crypto never ceases to amaze and innovate.
I will cover the growing landscape of Bitcoin in this week's video. Was surprised to see how much the ecosystem has grown that it deserved a video.
- The newest and the biggest addition to Bittensor is the ML model evaluation on Subnet 6 by Nous Research.
The idea is very simple but powerful for Bittensor.
ML engineers usually upload their open ML models on a website called Hugging Face. This website is a big big name in the whole open source ML and AI scene.
Once the models are uploaded, they are then evaluated by the new subnet in conjunction with another subnet that produces synthetic data.
The models are rewarded and a leader board is published on Hugging Face.
This is a true crypto AI adoption story my friends and is great marketing for Bittensor.
You can see the leaderboard here.
https://huggingface.co/spaces/NousResearch/finetuning_subnet_leaderboard
- If you were wondering why $TAO is rising, then this is the post to read.
A lot of work is happening under the hood apart from changes proposed to the protocol itself by the Foundation.
πππ
https://twitter.com/bittingthembits/status/1752055747070841035?t=e5wHZ0C4OMZscrjNKAULdQ&s=19
- OMG!!
πππ
- Weekly crypto news recap
π°π°π°
https://www.youtube.com/watch?v=sGvzLStClDE
- Solana has been on a rampage lately. Recently I also posted about how it has overtaken Tron on stablecoin volume however the reality, it seems, is different.
It is important to understand that metrics in crypto are controversial.
- This is what I like about crypto builders.
Hasn asked me if projects follow price or if price follow projects and I said that projects do no care about price but staying true to their vision.
And here is one example of this.
The recent $wen airdrop caused problems for the phantom wallet and they took it on the chin.
This here is what defines crypto to me. The token price is just an added bonus.
- I was surprised when Hasn invited me to his podcast but at the same time I was elated because I had a chance to talk to a fellow crypto enthusiast and present my opinions.
Here is my first ever podcast appearance. I thoroughly enjoyed this candid conversation.
Hasn did a great job with his questions and I thoroughly enjoyed our chat.
Hope you like it.
https://www.youtube.com/watch?v=AixwpcEInyQ
- A very happy Republic Day to my fellow Indians.
May the country progress further and become a beacon of hope for those in need.
π
- A viewer on my YT channel asked if there were similarities between NeonEVM and Eclipse.
I thought it would be nice to give a comparison of these projects.
Eclipse is a zk-rollup that uses the SVM for its execution instead of the EVM.
NeonEVM is a bunch of smart contracts deployed on the Solana chain that allows interoperability between the Solana ecosystem and the EVM based ecosystem.
Eclipse uses different protocols for its different layers namely Ethereum for settlement, Celestia for DA, and SVM for execution.
NeonEVM uses Solana for everything since it is like a dApp deployed on top of Solana.
Hope this clears some confusion.
- Filecoin is one project that has more Web2 customers than any other project.
In a way it is representative of the rollup centric world of Ethereum with thousands of nodes and hundreds of protocols deployed on it.
And it also has the same pain areas as Ethereum. Scalability, speed and complexity.
Recently I learned about a Solana based competitor which promises to be leaner, cheaper, faster, and more scalable than Filecoin.
Find out here π
https://www.youtube.com/watch?v=72EvFc1tZ_k
- The addition of new LSTs and unpausing of the restaking queue on EigenLayer has been delayed.
Here are the new dates
- This is what I refer to as the "Solana Design Philosophy."
Why am I getting more and more attracted to the simpler, leaner, faster, and cheaper Solana ecosystem?
The pragmatist in me is driving this change in me.
- This needs to be reiterated from time to time.
- What is EigenLayer ? | Block Bytes
#crypto #blockchain #ethereum
Can the massive economy and security that
Ethereum enjoys extend to other chains or
projects?
EigenLayer is a project that does exactly that.
Powered by the economic guarantees and security that the ETH token brings to Ethereum, liquid staked versions of ETH can be re-used to extend this security cover to those chains/projects outside Ethereum.
In this video, I explain the basics of EigenLayer and the concept of re-staking along with the risks that accompany re-staking.
Timestamp
00:00 Intro
00:28 What is EigenLayer as explained by Sreeram Kannan
03:55 How does it work?
07:10 How can I re-stake ETH?
08:25 Risks with EigenLayer
11:55 Final thoughts
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- HODL the line.
πͺ
- Solana is known for it DePIN projects. We already witnessed main stream coverage of projects like Helium and Hivemapper but could there be other diamonds hiding in the rough?
I don't see a reason why this is not possible.
ππππ₯π₯π₯
- Execution client diversity is a problem on Ethereum.
Here is one example of Ethereum's social layer doing the right thing.
A strong social layer is another aspect that differentiates Ethereum from alt-L1s.
πππ
- Do not panic and sell your hard-earned Bitcoin. This dump will continue who knows how long but there is light at the end of the tunnel.
In the wise words of Raoul Pal
"Don't fuck it up."
- Filecoin keeps making deals and capturing market share but there is new competition that says it is faster, cheaper, and more scalable than Filecoin.
This week's video will be in this project. In the meanwhile marvel at the consistent growth in Filecoin.
πππ
- First it was NFT volume then DEX volume and now SC volume
Are we witnessing a flippening here?
π€
- Weekly crypto news recap
π°π°π°
https://www.youtube.com/watch?v=SV4EioUdOKA
- Aave V3 plans to expand to Solana π
They will use Neon EVM, a set of smart contracts on Solana that allows EVM dApps to interact with the Solana ecosystem and the other way around.
- π―π―π―
- π
- If you are looking for a chart that shows how Bitcoin is flowing away from GBTC and into the different ETFs then here is it.
https://heyapollo.com/bitcoin-etf
- The pain caused by liquidation of GBTC is not yet over.
According to JP Morgan, GBTC still has almost the same amount of BTC left as has been taken out.
- Did you know that Filecoin Foundation has been working with Lockheed Martin for the past three years to take IPFS to space?
Yes! That is true.
With the increase in space exploration, there needed a way to reduce the time to communicate between satellites and moon bases with Earth.
And Filecoin recently completed a demo showing this new capability.
https://twitter.com/FilFoundation/status/1745809886829564202?s=20
- The new Arbitrum Expansion Program now allows projects to create L2s without a governance vote AND L3s built using Orbit to settle on Ethereum via any OTHER rollup π€―π
This is a great move and removes existing bottlenecks as Arbitrum starts seeing itself as the leader in the space.
- ππ€―
- Tradfi getting red-pilled on crypto be like
- EigenLayer calls itself "a general purpose marketplace for decentralized trust."
Trust embedded in the massive decentralized network of Ethereum nodes is now available to anyone willing to pay for it in exchange for security and economic growth.
Learn about this amazing project hereπ
https://www.youtube.com/watch?v=RkX2wSiiphQ