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SYSTEM PROCESSING...
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SYSTEM PROCESSING...
Posted: 2025-05-01 15:20:32 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-05-01 15:20:50 UTC
Verified By
Rollup News
This thread explains what blockchain protocols are, how to read them, and how to use them to build wealth in the Web3 ecosystem. It covers different types of protocols like Layer 1, Layer 2, consensus, and privacy protocols, and provides examples such as Uniswap, Aave, and Lens. The guide also details how to read a protocol by exploring documentation, GitHub, tokenomics, smart contracts, and frontends.
Understanding blockchain protocols is essential in Web3.
Protocols dictate how data is transferred, verified, and processed in a decentralized network.
Different types of protocols exist: Layer 1, Layer 2, consensus, and privacy protocols.
Protocols are open-source, allowing for collaboration and improvement.
Leveraging protocols effectively requires choosing the right ones based on specific goals.
Lack of understanding of blockchain protocols in the Web3 space.
Complexity in reading and interpreting protocol documentation and code.
Difficulty in choosing the right protocols for specific goals.
