FTX Collapse!! What the hell is going on?

Let's try to understand it a bit better

🧵A Thread 📌 About FTX, SBF & Alameda Research

FTX is a Bahamian crypto exchange founded in 2019 by Sam Bankman-Fried(SBF) & Gary Wang.

Prior to FTX, SBF had also founded Alameda Research, a quantitative trading firm in 2017. As of August 2021, SBF owned around 90% of Alameda Research.

How I Became a Web3 DevRel in 6 months?

A Thread🧵 📌 My Story in 3 lines

- Started learning about Web3 space around the end of Dec, 2021
- Got a job offer as a DevRel in June, 2022

I did all that is mentioned below👇

What is ENS?

Do you also look at twitter names like vitalik.eth, nick.eth & go like 'WHAT IS THAT?'🤯

Thread🧵 about Why, What & How of ENS 📌 Background

- Computers all over the internet has their own IP address or a unique identifier which allows them to send and receive data
- Websites are services run on Internet & have IP address too
- For uniqueness, IP addresses are supposed to be long & of fixed length

I officially declare that "I didn't know HTML & CSS UNTIL TODAY"

My journey into web3 started a bit differently with first learning Solidity and not web development

Today I took the first step of doing a crash course on HTML & CSS

Learnings on Day1👇

#100DaysOfWeb3 📌 HTML

✅ Basic HTML syntax
✅ Headings & Paragraphs
✅ Strong and Emphasis
✅ Anchors and Attributes
✅ Lists
✅ Images

What is Ethereum?

Day12 of #100DaysOfWeb3

A Mega Thread👇 The invention of Bitcoin blockchain popularised two major concepts
1. Decentralized currency
2. Blockchain technology

Limitation of Bitcoin: Usage limited to peer-to-peer money transfer over the internet

But can this blockchain technology be leveraged to do more than just that?

What is Metaverse? 🤯

Day11 of #100DaysOfWeb3

A Tiny Thread🧵 It's known be the next phase of internet. Just like internet was something revolutionary back in 90s, similar to that metaverse is going to be the next revolutionary thing of the 21st century.

What is Web3?🌐

Day04 of #100DaysOfWeb3

👇 A Thread 📌 What is Web?

- World Wide Web commonly known as Web is something built on top of Internet.
- Collection of documents that can be requested by a browser from a server
- Each document can accessed by a web address

What is Proof-Of-Stake? 🤔

Day03 of #100DaysOfWeb3

👇 A Thread 📌 Why we require Proof-of-Stake consensus mechanism if we have Proof-of-Work?

If you have read my last tweet, you should have at least 1 answer😉

- Negative impact on the environment 🌍
- Expensive to be a miner 💵
- Scalability : Less transactions processed per second⏱

What is the consensus mechanism : Proof-Of-Work?

Day02 of #100DaysOfWeb3

👇A Thread 📌 What is consensus?
Let's understand it with an example :
If your family is planning to buy a car and if more than half of the persons in the family agree upon a certain model of the car, then we say we have reached a consensus or in simple terms agreement upon something.

What is Blockchain?⛓

Day01 of #100DaysOfWeb3

A Thread 👇 📌Why was this technology even introduced?
- To remove power from central authority
- To prevent frauds
- To have more transparency
- To have immutable records