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Topic: 💰 [BOUNTY] Deso blockchain Diamondapp.com Register now FREE Earn!🔥 (Read 824 times)

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DeSo blockchain is listing on @coinbase  and will officially be open for trading.

WAGMI ⛽️
twitter.com/CoinbasePro/status/1470466513681498115?s=20

you can join the deso blockchain follow my instructions Diamondapp.com beginner tutorial
https://vlad-nemoqqq.medium.com/diamondapp-com-beginner-tutorial-get-25-free-earn-2589e36da266
jr. member
Activity: 43
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https://www.deso.org/blog/web-3-will-not-be-built-on-smart-contracts

https://vlad-nemoqqq.medium.com/diamondapp-com-beginner-tutorial-get-deso-free-earn-9b47afecc88f


DeSo is paving the way for purpose-built layer 1 blockchains.

For Web3 to reach its full potential and disrupt Web2, blockchains will need to be custom-built to support the storage and indexing limitations that we see today in existing general-purpose blockchains.
jr. member
Activity: 43
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Many believe that general-purpose blockchains like Ethereum, Cardano, Avalanche, and Solana will come to power everything on the web, including financial apps, social apps, and even Amazon-like marketplaces. But there’s a show-stopping problem that’s being widely overlooked: on-chain storage.

While today's general-purpose blockchains have worked well for storage-light applications like DeFi, they cannot scale to handle storage-heavy applications like social apps and marketplaces. Imagine a world in which every ‘like’ or follow on a decentralized app cost $1.00+ in storage fees. Unfortunately, that is the reality now because of the storage limitations of all general-purpose blockchains on the market today.

The numbers don't lie. The simple table below illustrates how the cost of storing just 1 gigabyte of on-chain state varies across blockchains. Importantly, these costs are only expected to increase for general-purpose blockchains, as they become more popular and storage becomes more scarce. We will discuss DeSo as a special case later on.
jr. member
Activity: 43
Merit: 1
We spent years researching and developing a layer 1 blockchain that is purpose-built to scale decentralized social applications to billions of users.

The future of social is looking bright with DeSo in the picture.


https://twitter.com/desoprotocol/status/1469010948748836868
jr. member
Activity: 43
Merit: 1
These ~93,827 txns would cost $35,654 on

@solana
. Only $2.10 on DeSo.

@solana
 is ~$0.38 per post, DeSo is $0.0000224.

The numbers don't lie: General-purpose blockchains are ~17,000x less efficient than purpose-built solutions.
https://deso.org/blog/web-3-will-not-be-built-on-smart-contracts
jr. member
Activity: 43
Merit: 1
jr. member
Activity: 43
Merit: 1
jr. member
Activity: 43
Merit: 1
jr. member
Activity: 43
Merit: 1
jr. member
Activity: 43
Merit: 1
jr. member
Activity: 43
Merit: 1
The links below gives  referrals a bonus on sign up. Note that all bonuses are shown in USD but paid in the DESO equivalent at the time of sign up.
https://diamondapp.com?r=RAyT58rG
https://www.deso.org/

DeSo: The Decentralized Social Network
Introduction: The Value of Decentralizing Social Media
Today, social media is even more centralized than the financial industry was prior to the creation of Bitcoin. A handful of private companies effectively control public discourse, and earn monopoly profits off of content that they don't even create. Meanwhile, the creators who actually produce this content are underpaid, under-engaged, and under-monetized thanks to an outdated ads-driven business model. In addition to all of this, the ads-driven business model also forces social media companies to keep a walled garden around content created on their platforms, preventing external developers from innovating or building apps on top of it, and giving users and creators no choice but to continue using apps that solely they control.
These problems stem from the fact that the data and content created by users today is privately owned by a handful of companies, rather than publicly accessible as an open utility. Because only a handful of companies have access to the content, only these companies can curate competitive feeds, only these companies can build competitive new features and apps, and only these companies can monetize this content-- content that isn't even created by these companies in the first place. We're stuck in a loop: Users have to use these companies' apps because they have a monopoly on the content, and because of this, creators are forced into continuing to give their content up to them in order to get reach, in a vicious cycle that continues to empower these companies at the expense of creators and society as a whole. These companies have managed to create a global network effect around a private pool of content that they solely monopolize. Moreover, this centralization of content seems unavoidable: There's value in combining all of the content into a single pool, since it allows for curation at a global scale, but whoever we put in charge of maintaining the pool is ultimately going to become a centralized gatekeeper like what we have today. A solution would arise if we had a way to shift the network effect to a public pool of content that no individual entity controls-- but can it be done?
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