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Datamine Network Enhances JUICY Trends with Sharable URLs

Hey guys finished adding ability to highlight trends through a unique URL Today. Going to add this to JUICY Trends tomorrow and a few small changes. Aiming for a release of this feature either tomorrow or day after that as it makes JUICY Trends more powerful!

Datamine Network Enhances JUICY Trends with Sharable URLs

· hodlforjesus · #dev-updates

Datamine Network Prepares to Launch JUICY Trends

Hey guys,

JUICY Trends are now fully functional but I have a few slight UX tweaks to make. I'll keep you posted as we're very close to launch now and it will be very interesting to see how trends change out on day-to-day basis.

After JUICY Trends launch we'll focus on some Trend Viewer updates next to integrate JUICY Trends into the Trend Viewer! Currently targeting Wednesday release and we'll be adding more coins after that so we can spot more JUICY Trends! 🔥

Datamine Network Prepares to Launch JUICY Trends

· hodlforjesus · #dev-updates

Datamine Network Advances Real Time Crypto Trend Analysis

Hey guys,

Wanted to show you what I was working on this weekend. So far we've finished these two tasks:

  • Store cross-token trend data (including broken and active trends)

  • Figure out how much support/resistance trends grow/lose each month

Now this weekend we can do the following:

  • Figure out distance to each of these trends in real-time across all coins

This was a fairly hard task but Datamine Network structure helped a lot in this case.

Now that we know how close each trend is from the current price we'll be able to proceed further with the JUCIY algorithm. The point of this algorithm is to find WHEN price action is expected across the entire crypto market in real-time.

The basis for the algorithm is that when long trends are about to be broken price action is likely to occur (as trend will either be broken or not).

There are only a few more pieces left to the JUICY formula and a whole new way to see crypto trends! Be sure to follow updates to see what's next! 🔥

Datamine Network Advances Real Time Crypto Trend Analysis

· hodlforjesus · #dev-updates

Datamine Network Unveils Cross Coin Trend Analytics Update

Hey guys wanted to show you a small progress update on the cross- coin trends.

First of all we'll use the same "instant UX" that you're used to across the entire network. This includes infinite scrolling so you can scroll through the trends with ease.

The screenshot here is to show that we're fetching the data, tomorrow I will start on cleaning up this data and adding things like filtering & sorting. There is still lots to come so be sure to stay tuned to see how this evolves 🔥

Datamine Network Unveils Cross Coin Trend Analytics Update

· hodlforjesus · #dev-updates

Datamine Network Integrates Historical Trend Databases for Analytics

Hey guys I just finished storing trends to database for Datamine Network. Now we have access to all historic trends across all the coins on our platform!

Tomorrow we venture forth into cross-coin analytics! I will do a few more tests tomorrow and deploy it to production. You guys won't notice any immediate changes (besides new coins).

Expect some new trends UI/UX updates to be announced this week as we're going into uncharted territory. I've attached a small example of how many trends we will now analyze for only a handful of supported coins. 🔥

Datamine Network Integrates Historical Trend Databases for Analytics

· hodlforjesus · #dev-updates

Datamine Network Streamlines Trend Analytics Architecture

Hey guys,

Finally finished trend storing/breaking to match the logic that we currently have! Now there are only two parts left for the update:

  • Storing the "magic juice" which drives the trends algorithm. I aim to get this done by end of Saturday.

  • Loading the trends and "magic juice" on cold start which will be done on Sunday.

Aiming to get this out this weekend so we can FINALLY focus on trend analytics next week. For the first phase of trend analytics we'll focus on adding broken trends as well as classifying unbroken trends.

Super excited to finally get through this development hump as we venture forth into cross-coin trend analytics and forecasting! 🔥

Datamine Network Streamlines Trend Analytics Architecture

· hodlforjesus · #dev-updates

Datamine Upgrades Trends Engine for Faster Startup Times

Hey guys,

Making great progress with trends storing. Today I was able to finish a big chunk of removing stored trends. There is just one part left to add Tomorrow and we'll be able to fully replicate the historic trend functionality. This means we'll be able to query against this data and see when memorable trends were broken!

After trend storing is finished Tomorrow I will be able to store "the magic sauce" that the algorithm is using. After the magic sauce is stored we'll be able to load data directly from the stored trends data. This means near-instant cold startup times for trends.

I am aiming to get this release out this week, a bit behind original schedule but I've been making some great upgrades to the core trends engine. Be sure to check out the release later this week as we've also added a bunch of new coins. 🔥

Datamine Upgrades Trends Engine for Faster Startup Times

· hodlforjesus · #dev-updates

Bitcoin Historical Trend Analysis Comes to Datamine

Hey guys, I am making good progress storing trend data. There is a lot more work than I originally expected but Today I was able to store Bitcoin trends.

Since Bitcoin genesis block the algorithm was able to find 15504 resistance trends and 79819 support trends for Bitcoin alone. Soon you'll be able to filter through this data yourself and see what meaningful trends were broken.

With 100,000 trends for Bitcoin alone, I am expecting a lot of data to play around with. This week I am focusing on storing and loading trend data so be sure to check out the updates as we're cooking them up. 🔥

Bitcoin Historical Trend Analysis Comes to Datamine

· hodlforjesus · #dev-updates

Datamine Network Defines Basket of Goods for dCPI

Hey guys we've hit a big breakthrough last night with dCPI (Decentralized Consumer Price Index) by being able to define what our "Basket Of Goods" is.

Once we have Basket Of Goods cost we can then chart CPI and compare how our inflation looks like vs rest of the world! CPI is what economists will look for to prove that our solution to inflation works.

We define Basket Of Goods as:


((-1 * (targetMultiplier - 1)) * globalFluxBurned * myDamLockedIn) + (globalDamLockedIn * myFluxBurned) / (-1 * globalDamLockedIn) + ((targetMultiplier - 1) * myDamLockedIn)

Where:

  • targetMultiplier = 10 (Used in our definition of basket of goods. The burn multiplier that is being targeted)

  • globalFluxBurned = Total FLUX burned for active mints (inactive burned FLUX is not counted)

  • globalDamLockedIn = Total DAM locked-in the smart contract of active mints

  • myFluxBurned = 0 (Used in our definition of basket of goods)

  • myDamLockedIn = 5000 (Used in our definition of basket of goods)

This will give an output of "Total FLUX required to burn for a mint with size of 5000 DAM to get 10x burn multiplier".

We then use on-chain historic pricing to multiply the above number to get our Basket Of Goods USD price!

Now that we have charted our Basket Of Goods price we can then use the above data to get dCPI (Decentralized Consumer Price Index). This is the next core metric so be sure to stay tuned for updates 🔥

Datamine Network Defines Basket of Goods for dCPI

· hodlforjesus · #dev-updates

Datamine Dashboard Update Simplifies Layer 2 FLUX Bridging

Hey guys,

Working on a few updates to the decentralized dashboard this week. There is a "bridge to L2" button that will show up when you have FLUX on L1. This is helpful shortcut for users looking to mint FLUX on L1 and bridge to L2 to further get ArbiFLUXArbiFLUX.

In the last decentralized dashboard we've improved how we fetch the smart contract data. With this improvement we can fetch a bit more data than before. We'll be utilizing this to also fetch % of FLUX on Arbitrum L2, starting with expanding Datamine Ecosystem Known Money Supply diagram.

Got the nodes hooked in Today, and I'll get the extra smart contract data mapped tomorrow. Should be another interesting release to look forward to this week 🔥

Datamine Dashboard Update Simplifies Layer 2 FLUX Bridging

· hodlforjesus · #dev-updates

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