We have already implemented and published this idea in EuroSys'21. The name of the paper is "Ethanos: efficient bootstrapping for full nodes on account-based blockchain"
This was my ETH mining factory in 2018.
You can build an OVER mining factory on your personal computer in 2024!
Also, you can run an AVS(Actively Validated Services) on your computer ๐คซ
@overprotocol
#OverNode
#OverWallet
#AVS
#Restaking
The fortune cookie I picked on my way back from Denver to Korea said: A new adventure is at your fingertips.
Are you ready for the new adventure?
@overprotocol
#Restaking
currently faces four problems:
1. The number of validators is too small, making the AVS (Actively Validated Services) pool non-scalable.
2. The resources required to run a node are too demanding for solo stakers to operate multiple AVSes.
3. We cannot normalize the
Our JamboPhone community has just crossed the 100 mark! In just two months since our launch, it's with great pride that we announce the JamboPhone has now been ordered in over 100 countries!
@overprotocol
's second incentivized public testnet was launched on March 14th.
Since launch, we've seen >2M wallets and >19M txns.
Please join us as we scale OVER!
Find
@overnance
on
@EthereumDenver
and take a selfie with him๐ถ๏ธ
We're going to send you a special invitation๐๏ธ to OverProtocol Open Beta Testnet Season 2.
#Restaking
currently faces four problems:
1. The number of validators is too small, making the AVS (Actively Validated Services) pool non-scalable.
2. The resources required to run a node are too demanding for solo stakers to operate multiple AVSes.
3. We cannot normalize the
Statistics are back! Here are the Top 10 Countries by Number of Nodes in Open Beta Testnet
#1
. There have been some changes in the rankings compared to the Closed Beta Testnet!
@overprotocol
1. India (4563) ๐ฎ๐ณ
2. Nigeria (4015) ๐ณ๐ฌ
3. South Korea (3354) ๐ฐ๐ท
4. Turkey (3059) ๐น๐ท
5.
What tasks can home validators perform?
1. Consensus: Users can participate in the consensus process and receive rewards.
2. Oracle: Users can operate an Oracle bot to provide external data (like exchange prices) to a smart contract and receive rewards.
3. Liquidation: Users can
Top 11-20 Countries by Number of Nodes in Open Beta Testnet
#1
. Say hello to newcomers! ๐
@overprotocol
11. Pakistan (1081) ๐ต๐ฐ
12. Bangladesh (965) ๐ง๐ฉ
13. Vietnam (842) ๐ป๐ณ
14. China (810) ๐จ๐ณ
15. Germany (507) ๐ฉ๐ช
16. Philippines (461) ๐ต๐ญ
17. United Kingdom (454) ๐ฌ๐ง
18.
This is the node distribution of OBT
#1
, demonstrating the capability of individuals to effectively manage the blockchain network. For OBT
#2
, we aim to broaden our community. Come and embark on this groundbreaking journey with us! Stay tuned.
#OverProtocol
#OverNode
@overprotocol
The Over Protocolโs closed beta testnet is imminent with the release of the OverNode.
Place the power of a new internet right on your desktop!
@overprotocol
#OverNode
๐ Cryptopedia Season 16 with
@overprotocol
is live!
๐ช Claim 10 $OVER testnet tokens every day and use them on the Over Network to qualify for their future airdrop.
๐ฑ OKX Wallet > Discover > Cryptopedia
This is the global node distribution from our first closed beta test, with approximately 1300 nodes. We have observed strong potential for democratizing nodes and validators.
Thank you to the pioneers who played a vital role in shaping the future of the next-generation blockchain
Top 10 Countries by Number of Nodes in the Closed Beta Testnet
@overprotocol
1. South Korea (120) ๐ฐ๐ท
2. Nigeria (85) ๐ณ๐ฌ
3. Ukraine (64) ๐บ๐ฆ
4. Russia (45) ๐ท๐บ
5. Japan (43) ๐ฏ๐ต
6. Germany (36) ๐ฉ๐ช
7. Tรผrkiye (32) ๐น๐ท
8. India (29) ๐ฎ๐ณ
9. Brazil (26) ๐ง๐ท
10. Thailand (23) ๐น๐ญ
Top 11-20 Countries by Number of Nodes in the Closed Beta Testnet
@overprotocol
11. United Kingdom (22) ๐ฌ๐ง
11. Indonesia (22) ๐ฎ๐ฉ
13. United States (21) ๐บ๐ธ
14. China (16) ๐จ๐ณ
15. Spain (13) ๐ช๐ธ
16. France (11) ๐ซ๐ท
17. Poland (10) ๐ต๐ฑ
18. Vietnam (10) ๐ป๐ณ
19. Saudi Arabia (10) ๐ธ๐ฆ
20.
Just got an incredible NFT gift from
@Ronny_J_912
! His name is โExperimentalโ, which truly echoes my vibe. ๐จ
By the way,
@DADAZOfficial
is now teaming up with
@StarbucksKorea
for something brewing and brilliant! ๐
Thank you for welcoming me into this amazing community!
The products offered by GM OVER have been unveiled. Visit our event space during the Korea Blockchain Week and experience the future of the Over Protocol!
#OverProtocol
#KBW
2. Could you share the inspiration behind the decision to develop Over Protocol?
๐ When I was a graduate student in 2017, I began researching blockchain and downloaded the Ethereum node. However, I encountered a challenge: it required more than 400GB of SSD space and took about
5. RWA, which Over is set to focus on, is expected to play a significant role in the next bull market. How do you anticipate it will impact the market compared to the previous bull market's key player, DeFi? Additionally, what position does Over aim to achieve within this
The result of the October 25th daily quiz is here. Where do you expect 'OVER' to be used?
Most of the users answered 'DeFi' (36%), followed by 'Borderless transmission' (25%). The third is 'Payments' (20%). However, 'STO' (8%) received the lowest votes. This result is quite
4. In response to Ben's answer, "Layer 2 solutions address scalability concerns, so prioritizing decentralization in Layer 1 is critical." Does it imply that "Then Over Protocol is more decentralized than Ethereum."?
๐ Indeed, managing the technical complexities or resource
Ki said, 'Seongsu is cool, I saw a nice store here.' Then I said, 'This is our pop-up store!' Come and see how nice our future will be!
#Overprotocol
#KBW2023
#MyComputerIsATM
3. Superblock was already launched in 2021. Could you share any noteworthy episodes or experiences from the past three years?
๐ There have been a lot of accidents in the past two years in the crypto scene, including within our team. However, the most noteworthy episode was the
1. Can you provide a brief introduction to Over Protocol?
๐ Over Protocol represents a new layer-1 blockchain, focused on decentralization to enable ordinary individuals to participate seamlessly in our ecosystem. This is made possible through Ethanos, a technology that narrows
โWe will definitely see a move towards decentralization in the industry,โ Kim notes. In line with this trend, OverProtocol has incorporated lightweight full nodes into its technology.
Read more on DailyCoin:
@VitalikButerin
Totally agree. There are so many people who approach this market with a short-term perspective and desire to capitalize on profits before the end of a bull market.
It is ironic that a stateless client needs to know the full state to create a witness. To create a stateless client without the state, one must depend on a full node. However, such a node is fruitless. This is because nodes that can verify only their own state do not contribute
Stateless blockchains โ which could make being a validator so cheap that you could run a full node on a smartphone โ are impossible, at least as currently proposed, say
@miranda__christ
and
@josephbonneau
.
Do you want to participate in building a completely decentralized version of our current Internet? The first step is to join the Over Protocol with OverNode on your desktop.
Over Protocol's closed beta testnet has just started. Welcome and enjoy the future, beta testers!
Q. Decentralization is undoubtedly a crucial element in the world of cryptocurrencies. However, the extent to which it is incorporated into products varies, and many projects don't seem to prioritize it as much as they claim. If the importance of decentralization is expected to
โ๏ธFor those curious about today's space
but unfamiliar with Korean, here's a brief overview :
Ben(
@overnance
), the CEO of
@overprotocol
, said that while DeFi is very important, what he wants to onboard most on over mainnet is the market for things that had value but no space
2/2 Unlike other protocols, Over protocol will not delegate tokens to validators. Instead, it allows ordinary people to run nodes on their personal devices. This ensures that individuals are not at risk of being dumped by big infrastructure institutions.
The release of the promotion wallet for the over protocol is just around the corner. There are pre-registration and referral benefits, so those who are interested, please register now! (Below is my referral address!)
1/2 Many Layer 1 projects delegate tokens to validator companies, asking them to run nodes and maintain the network. Unfortunately, the validators usually dump the rewards to cover the high maintenance costs.
Excited to be speaking at
@Chainlink
โs
#SmartCon
this August 5-7! Register today to save your spot for 3 days of keynotes, panels, AMAs, and workshops with 200+ industry-leading projects across
#DeFi
, the
#NFT
economy, & the larger blockchain space.
Will anyone come to Seoul from Sep 5 to Sep 10, 2023, to participate in Korea Blockchain Week? We will hold a popup store in Seongsu, one of the hottest places in Seoul. Please come, enjoy, and take $OVER!
I attempted mining at home in 2018 using equipment with GPUs, but I failed due to the limitations of electrical power. However, in 2024, it will be possible to mine Over at home using a PC instead of specialized equipment.
Run a node, be a validator!
#homestaking
#over
#RNBV
And I created a company called "Superblock" to create a succinct blockchain, of which data size is less than 1GB and bootstrapping time is less than 10 minutes including recent data to operate as a full node.
We, Superblock, raised $7.5M last week. We will accelerate the development of a new mainnet named "Over," which provides a lightweight full node to enable anyone to run their own node. "Over" will be the most secure and stable mainnet through powerful decentralization.
Confirmed as a speaker at
@EthereumDenver
2022!!๐ฅณ I'll talk about how my academic paper, Ethanos, optimizes the storage size and bootstrapping time of Ethereum. Also, I will briefly talk about the mainnet we are building based on Ethanos!๐
So I rented a space and established a mining farm in 2018, just as the cryptocurrency market began its "crypto winter." I tried to preserve, but I could not generate sufficient income to cover the rental fees. Meanwhile, cats were successful in finding a warm shelter.