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About Me

Found 5 results

  1. Via Guy from Coin Bureau: https://twitter.com/optimismPBC/status/1519001562345005057 This is essentially their attempt at a DAO structure but with several twists. These include taking the revenue created from Optimism's transaction fees and transforming it into grants for "public goods." Moreover, they are addressing some of DeFi centralisation concerns by introducing "quadratic voting". This basically increases the cost of voting the more tokens you hold and reduces the voting power of those who hold large stakes in the network. This is particularly relevant today given some concerns that there are about VC control of Web3 protocols. It’s a voting mechanism that Vitalik Buterin is quite optimistic about – no pun intended. https://twitter.com/VitalikButerin/status/1519012381581463552 The DAO structure is really interesting, and I hope to cover it in more detail in the next few days. But what is perhaps most exciting about this launch is that it will of course include a governance token - OP. If you will recall from my Airdrops video last year, I speculated that the ETH Layer 2 rollup solutions were likely to do an airdrop at some point: https://youtu.be/H5n8-2iVJNM?t=1151 OP will be airdropped in the near future to over 250,000 ETH addresses. It was based on several different criteria which they outlined in their original tweet thread. Even if you are not eligible for the airdrop, Optimism has stated that a full 14% of the allocation will be held in reserve for future airdrops. How these airdrops will function is hard to tell - and that's by design. They don't want people to try and game it. One more point that I will add is that if you viewed my airdrop video, you would have seen that I also speculated that Arbitrum could consider something as well. Now that Optimism has laid out their plans, many are wondering whether Arbitrum could follow suit. Between Polygon, Loopring, Optimism & Arbitrum, the latter is the only one that won't have a native token. It's of course complete speculation on my part and you shouldn't just be using any protocol because of hopes of an airdrop. I would discourage anyone from trying to game these. But the point here is that there are additional benefits that come from using ETH layer 2s. Not only do you save gas fees and help with the growth of these Layer 2s, but you could also get awarded tokens that would allow you to be a part of the governance of said protocol. If you are looking for a guide on how to use ETH Layer 2s then I also have you covered: https://www.youtube.com/watch?v=L52zhkDYzvM
  2. Ethiopia agrees to "fully accept" the outcome of the Algiers Agreement of 2000, which ruled that disputed areas, including the border town of Badme which Ethiopia currently occupies, are Eritrean territory.
  3. USAID announces the Trump administration is dedicating $169 million to feed people facing starvation in Ethiopia and Kenya, adding to earlier assistance for those suffering from drought and conflict in the region.
  4. The Catholic University of America in Washington, D.C., is now home to some of Ethiopia’s most important religious manuscripts after they were recently donated to the university by Chicago-based collectors Gerald and Barbara Weiner. The couple gave out the handmade leather manuscripts with the hope of allowing Ethiopians in the U.S. to use them for prayers and study, according to Catholic News Agency. Dr. Aaron M. Butts, a professor of Semitic and Egyptian Languages and Literature at the university, put up a statement saying the collection “provides unparalleled primary sources for the study of Eastern Christianity.” What’s In the Collection? In total, the collection is comprised of 125 Christian manuscripts, including liturgical books, hagiographies, psalters, and 215 Islamic manuscripts, including the Quran and commentaries on Quran. According to the Catholic News Agency, it’s the largest collection of Ethiopian Islamic manuscripts outside of Ethiopia. More than 600 manuscripts were handmade using hides from calves, sheep, and goats, and are estimated to date back to the 18th and 19th century. In the collection, there are over 350 “magic” scrolls, which are traditional Christian prayer talismans, and each was handwritten by a “debtera,” or a cleric in the Ethiopian church, and includes the name of the person it was written for. Pieces of the manuscripts were worn around the neck for purposes of helping people with different kinds of ailments, including headaches, painful menstruation, and complicated childbirth. Butts suggests that some of these scrolls, which were predominantly worn by women, may have been passed down through many generations, mainly from mother to daughter. He added that the prayer jewels haven’t been studied much due to the personal nature of their use. Washington, D.C., hosts one of the largest Ethiopian communities outside Ethiopia, and has several Ethiopian Orthodox and Catholic churches and cultural centers, making it the best location to donate the manuscripts. Ethiopian Religion Ethiopia is predominantly a Christian country, with the majority of Christians belonging to the Ethiopian Orthodox Tewahedo Church. However, there are other small religious communities in the country, including Muslims, Judaists, and Pagans. There is also a minority section of Christians who are Roman Catholics or Protestants. Many Ethiopians still use the prayer scrolls for protection and healing. They are often inscribed with prayers, spells, and charms to offer protection to their specific owner. The text on these “magic” scrolls is often derived from the bible, which is why the majority of churches in the country tolerate despite their connection to magic. http://howafrica.com/ethiopias-most-important-religious-manuscripts-now-in-washington-d-c-find-out-why/
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