Datamine NetworkDatamine NetworkCommunity

Datamine Network Launches Realtime Cross-Chain Liquidity Breakdown

🔥We've improved our realtime Uniswap and SushiSwap liquidity breakdown!

Now you can see an improved breakdown of total liquidity for entire Datamine ecosystem including arbitrum L2!

An overview of the entire ecosystem in one place. Available now!👍

https://t.co/EsnZs3DP0q https://t.co/4WfRYuDosv

· hodlforjesus · #social-updates

Datamine FLUX Token Burn Reaches Major Milestone

🔥Over $7,000 in FLUXFLUX was burned from circulation yesterday for a total of $1,650,000 USD!

67.11% of supply is now destroyed from circulation.

After 800 days of minting Datamine FLUX we're just starting to see the true power of Proof Of Burn!👀

https://t.co/EsnZs3DP0q https://t.co/epK5SHFia1

· hodlforjesus · #social-updates

Forecasting Algorithm Juicy Trends Expands Into Forex

🔥Our unique trend forecasting algorithm is expanding into Forex!

We'll be launching with 3 pairs this weekend: USDCAD USDJPY and USDEUR!

Fully integrated into Juicy Trends together with crypto and stockmarkets!

Trends = See Possible Futures🧠

https://t.co/EsnZs3DP0q https://t.co/Okv559vrRo

· hodlforjesus · #social-updates

Datamine Network Integrates The Graph for Scalable Analytics

🔥We've completed another integration into graphprotocol ecosystem greatly reducing Web3 calls and scaling for the future!

$GRT is now the backbone of Datamine Network powering both Etherum and arbitrum L2 data for our real-time analytics. 🧠

https://t.co/EsnZs3DP0q https://t.co/MGZFIy93Ro

· hodlforjesus · #social-updates

Datamine Global Releases Proof of Burn Mathematical Whitepaper

Dear all,

A very special announcement:

Trust is at the heart of the Datamine. And strong communities are built on trust. Specifically, trust in the tokenomics of our decentralized ecosystem. Which is why our community is still going strong two years after launch.

You may be unaware of the brilliant people who have been working tirelessly behind the scenes to validate our tokenomics – an area of mathematics and economic theory.

Today, we happily share the proof with you.

Datamine Global is pleased to release the Whitepaper: Proof-of-Burn Based Platform for Mitigating Volatility of Digital Assets.

This work validates our dual-token algorithm which combines scarcity pricing with the Proof-of-Burn cryptographic mechanism to achieve a low volatility asset for managing risks in crypto denominated portfolios. This low volatility asset is FLUX.

You can read the Whitepaper on the Datamine Global website:

https://www.datamineglobal.org/whitepaper

What is Datamine Global?

Datamine Global was founded by passionate community members of the Datamine ecosystem right here in Discord!

Our vision is to serve as the backbone of the Datamine ecosystem and help onboard new users. We will periodically publish educational articles and technical breakdowns of smart contracts and tokenomics.

We are here to rethink traditional central bank-based and fiat currency-centered global financial systems

You can do your part by joining our Discord and sharing this Whitepaper.

If you'd like to join our movement, please send me a DM!

Best,

Datamine Global Team

· binanced · #community-announcements

Datamine Network Integrates The Graph for Historical Pricing

Hey guys The Graph integration is live now, we're just resyncing some data but once it finishes we should have more accurate prices for all the historic data.

We actually query USDC/ETH liquidity pool size at specific blocks so the data is the most accurate representation of ETH price. We also save 1000x in storage size going forward this ensures we can scale when the gas prices are solved for Ethereum and transaction throughput increases.

Next update will allow us to add per-block times so we'll resync the ledger data to get a more accurate time representations (instead of guessing the times right now).

This just scratches the surface of the new integration and opens up many doors for us. It's a pretty epic update that I wanted to get out for a while. fluxBrain

· hodlforjesus · #dev-updates

Datamine Network Reduces Web3 Database Size by 1000x

🔥Thanks to graphprotocol we've just reduced our database size by a factor of 1000x!

The Graph helps our analytics scale solving BigData problems!

Previous Web3 Uniswap pool data size: 0.932GB

New $GRT implementation data size: 0.001GB

Live now!🧠

https://t.co/EsnZs3DP0q https://t.co/CgqLRbuR0T

· hodlforjesus · #social-updates

Datamine Optimizes Uniswap Data Syncing by 1000x

Hey guys,

The Graph update is a bit bigger than I expected and I'll have a list of all updates/changes and improvements very soon. Today I finished L1 syncing for Uniswap data and the results are as follows:

Old Uniswap Format Data size: 0.932GB

New Uniswap Format Data size: 0.001GB

As you can see it's almost 1000x smaller which ensures we can scale well into the future especially with cheaper gas on L1 and L2.

There are still 3 areas I want to tackle before release:

  • Hooking up the block times to be exact for each block (as opposed to guessing). I was waiting for the new Uniswap data format, but I've also made some optimization to graph data fetching that I want to implement in block times

  • Finish adding L2 Graph data to Arbitrum (both block times and Uniswap Data)

  • Ensure all USDC sources are using the new implementation (Frontend does a call for each user and stackgrewards is also using it)

I am guessing there is a couple days of implementation left, I'll keep you updated. 🔥

· hodlforjesus · #dev-updates

Datamine Integrates The Graph for Optimized Network Efficiency

Hey guys I just finished our first The Graph subgraph integration.

It's a replacement for how we're fetching block times from the Ethereum Network. The replacement is completely seamless at the moment but allows us to tackle Uniswap liquidity and prices next.

With both of those endpoints converted to The Graph implementation we expect to save 60-80% in network size savings. Meaning we don't have to store and go through as much Uniswap data to get the data shaped in the way we need it.

Currently the subgraph we use for Arbitrum L2 is still syncing so it gives me a bit more time to focus on Uniswap data (otherwise we would've had a release Today!).

Hoping to finish up The Graph integration next week which will mean all of the Uniswap / Block Times and SushiSwap come from The Graph. 🔥

· hodlforjesus · #dev-updates

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