⚡️PART 2 FLARE UPDATE⚡️focus predominately on
1️⃣ F-Assets🪫2️⃣ #LAYERCAKE 🍰
💪⚡LEVEL UP⚡️Join Mickey B Fresh Patreon Group ✅2+yrs w/mature private telegram group & VIP’s get ✅VIP's get 2x-week 2hr+ Zooms w/ Mickey B and
some very knowledgeable folks in the community
✅MBF Patreon 2.5YRS old & going💪
👉[ Ссылка ]
📣 Mickey B. Fresh & DeFi Standard Team operate🏗️
⚙️MBF FTSO on #Flare☀️
⚙️MBF FTSO on #Songbird☀️
🪫MBF VALIDATOR🪫on #Flare☀️
🪩MBF Hosted Hotpocket Node on EVERNODE🏴☠️
🪫🔜VALIDATOR🪫on RootNetwork🫚Futureverse
👉MBF Website👈
🔥www. MickeyBFresh.com🔥
Covering #XRP, #Flare, #Songbird, #RootNetwork
👀👇OFFICIAL LINKS👇of Resources I Used in Video
📒LAYERCAKE YELLOW PAPER 📒
🔗[ Ссылка ]
🔗FASSET GITHUB REPO- [ Ссылка ]
🔗LAYERCAKE GITHUB REPO- [ Ссылка ]
🔗LAYERCAKE - [ Ссылка ]
🔗FAssets- [ Ссылка ]
🔗[ Ссылка ]
📌 KEY FEATURES📌 OF LAYERCAKE 🍰
✅Instant transfers as opposed to the delayed transfers of optimistic models
✅Every transfer in LayerCake is insured-in-transit with 1-to-1 backing by the actual asset being transferred. This insurance, called *bandwidth* in the system, covers faulty operator behavior as well as blockchain reorgs that happen to a certain depth, e.g. 6 hours
✅LayerCake has custom code endpoints allowing developers to code automatic actions that complete in the same step that assets are bridged. E.g. any developer can build their own swaps protocol on top of LayerCake
✅There is no governance role or any form of trusted party in the system. Participation in the system is fully based on ownership of the bridged ERC20 token (e.g. WETH) and using it to either operate as a bandwidth provider or engage with the system as a user
✅The system has a bandwidth efficiency of 110% bandwidth locked up, where 100% of the bandwidth can be reused every 12 hours. The 10% lockup and the 12 hours bandwidth period can be customized to any non-zero value for different deployments of the system between different blockchains and for different assets bridged, without impacting the design of the system
✅The system permits anyone to engage in the *bandwidth negation* mechanism, which completes the insurance system without relying on any trusted party
✅The system has a set of verified setup contracts which initializes the LayerCake contracts without any trusted party, and ensures that the system starts with as many available bandwidth providers that are interested to join
✅The footprint of the system is lightweight and fast, and does not leverage any re-running of computation on a destination blockchain that happened on a source blockchain or vice versa, unlike zero-knowledge and optimistic rollup style approaches
🫡👏Special Thanks interview with Hugo, CEO of Flare Labs, in thos twitter spaces from 7.21.23
👀🔊⚠️I AM STILL BULLISH ON #FLR & #FlareNetwork. I run a validator on Flare and FTSO's on both Songbird and Flare with my team.
👉 I will be releasing a video with a #Flare Update on newly enhanced F-Assets V2 public github repository and Layercake. Remember Flare's still in BETA PHASE for another month or two.
👀🔊🚨The reason why I've been focusing on #XRP so much lately because I feel this is the most critical period for the entire XRPcommunity and it will be looked back at a significant turning point. Not everyone is going to ride the 🌊 of WEALTH OPPORTUNITIES as they'll still be stuck in 2018/2019 mindset or expecting some fantasy big bang 😂
Accepting that this is a rapidly evolving space and it's imperative to acknowledge that the learning never stops due to the pace of innovation on open , public , permissionless decentralized, and composable nature of the Web3/IOV ecosystem. Remember to always keep an open mind to understand what is happening as this case has ended focus on developments and not hopium fantasies of storytelling fairies and wizards
📈#XRP value proposition is as Liquidity in Liquidity pools. The STORAGE DEMAND of providing #XRP as liquidity will be the single biggest factor that will drive up #XRP Value🤑
👕Check out our channel apparel store to give back to us and our artists as well as rep one of your favorite online brands
[ Ссылка ]
☀️Hi, I'm Mickey B Fresh. My team and I are committed to your education for living in the world of FLARE NETWORK, SONGBIRD NETWORK, ROOT NETWORK, and XRP LEDGER!
*****************************
⚠️NOT financial advice⚠️
🚨Mickey offers NO FINANCIAL ADVICE🚨
All content is copyright - Mickey B Fresh.
Permissions details at www.MickeyBFresh.com
GRAPHICS BY OUR VERY TALENTED DIGITAL ARTIST - "Cynthia"
@CynArts on Twitter-Thank you Cynthia
Thank you @Dip-Collector👉 MBF Project Manager
