Changes in the macroeconomic environment over the past several months has impacted every corner of the business—with departments thinning out as businesses strive to...
Leaders in the developer relations (DevRel) space focus on creating lively, encouraging, and valuable online communities for users of their product, but any space...
Amazon Search’s vision is to enable customers to search effortlessly. Our spelling correction helps you find what you want even if you don’t know the exact spelling of the intended words. In the past, we used classical machine learning (ML) algorithms with manual feature engineering for spelling correction. To make the next generational leap in […]
The EVMOS token model innovates on its predecessors by introducing the App Store dynamics to web3. In Apple’s app store, users pay Apple to access apps and developers receive a revenue share. This doesn’t happen today in web3. Except on EVMOS.
When users pay gas fees (transaction fees) to use EVMOS, 50% accrue to developers building applications. The other 50% rewards validators. Governance token holders may vote to change the 50/50 split in the future.
Gas sharing rewards developers for writing popular applications on EVMOS. Developer evangelism underpins healthy L1 chains: without applications, the underlying database of much value, no matter how sophisticated the technology. A stadium without entertainment sells no tickets.
Historically, web3 companies have paid developers fees from their treasuries or dedicated ecosystem funds to build applications atop chains. While this technique may achieve the same results initially, developers may not stick around after the check hits the bank (or the tokens appear in their wallet). The EVMOS model better aligns current and future incentives of the L1 and the developers. In addition, ecosystem development is no longer a series of one-time expenses for the treasury, but an ongoing shared cost.
The EVMOS token model may be one of the most influential innovations in web3 developer relations in a long time. After all, this concept has dominated the mobile app ecosystem and powered Apple and Google’s multi-billion dollar revenue streams from app stores.
Web3 finds itself at a moment where the innovations in infrastructure have outpaced those in applications. To attract the next billion users to web3, the great pendulum of technology progress must swing towards applications. The EVMOS app store model might be the insight to compel tens of thousands more developers to swallow the web3 red pill.
Dear Readers, We are excited to announce a new webinar adding to ‘The DataHour’. We are delighted to share that we are bringing one of the top industry leaders’ Laurent Picard’ to help us to enable deeper discussions and conversations with our cherished community. Date: 15th March Time: 7:30pm to 8:30pm IST Topic: Building Smarter […]
On Friday (February 11), the Digital Euro Association (DEA) announced that it was “delighted” about a new partnership with FinTech firm Ripple. The Digital Euro Association (DEA) is “a think tank specializing in central bank digital currencies (CBDCs), stablecoins, crypto assets, and other forms of digital money.” Its mission is “to contribute to the public […]
Every now and then, I find that I’ve accumulated a bunch of links about various things I find interesting. Like React and JavaScript! Here’s a list of nine links to other articles about them that I’ve been saving up and …
By Larry Kubin, Senior Developer Relations EngineerLast year, Coinbase Cloud announced the launch of our unified developer docs to make it easier and...
Disruption has been on an ongoing progressive cycle since the beginning of the digital era – but when the pandemic began in 2020, innovations began to progress at a record pace. In today’s world, mastering data, analytics, and advanced technologies has become a primary driver of business strategy, providing organizations with unlimited possibilities to increase business […]
XGBoost is an open-source implementation of gradient boosting designed for speed and performance. However, even XGBoost training can sometimes be slow. This article will review the advantages and disadvantages of each approach as well as go over how to get started.
