696 lines
70 KiB
HTML
696 lines
70 KiB
HTML
<!DOCTYPE html>
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<!-- This site was created in Webflow. https://webflow.com --><!-- Last Published: Fri Sep 20 2024 14:33:40 GMT+0000 (Coordinated Universal Time) --><html data-wf-collection="669ac798eea89addcd56e416" data-wf-domain="laconic-staging.webflow.io" data-wf-item-slug="trends" data-wf-page="669ac798eea89addcd56e444" data-wf-site="669696d6af77a83985da8ffd" lang="en"><head><meta charset="utf-8"/><title>A Look Ahead at Crypto in 2023 | Laconic Network</title><meta content="Laconic Network Blog" name="description"/><meta content="A Look Ahead at Crypto in 2023 | Laconic Network" property="og:title"/><meta content="Laconic Network Blog" property="og:description"/><meta content="https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends.png" property="og:image"/><meta content="A Look Ahead at Crypto in 2023 | Laconic Network" property="twitter:title"/><meta content="Laconic Network Blog" property="twitter:description"/><meta content="https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends.png" property="twitter:image"/><meta content="website" property="og:type"/><meta content="summary_large_image" name="twitter:card"/><meta content="width=device-width, initial-scale=1" name="viewport"/><meta content="Webflow" name="generator"/><link href="https://cdn.prod.website-files.com/669696d6af77a83985da8ffd/css/laconic-staging.webflow.ac960b332.min.css" rel="stylesheet" type="text/css"/><script type="text/javascript">!function(o,c){var n=c.documentElement,t=" w-mod-";n.className+=t+"js",("ontouchstart"in o||o.DocumentTouch&&c instanceof DocumentTouch)&&(n.className+=t+"touch")}(window,document);</script><link href="https://cdn.prod.website-files.com/669696d6af77a83985da8ffd/66a5421e72f44a6c8f275236_Favicon.png" rel="shortcut icon" type="image/x-icon"/><link href="https://cdn.prod.website-files.com/img/webclip.png" rel="apple-touch-icon"/><script>
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(function() {
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const storedTheme = localStorage.getItem('theme');
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const root = document.documentElement;
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if (storedTheme) {
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root.setAttribute('data-theme', storedTheme);
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} else {
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root.setAttribute('data-theme', 'dark');
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}
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})();
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</script></head><body><div aria-hidden="true" class="page-wrapper"><div class="global-styles w-embed"><style>
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:root {
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color-scheme: dark;
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--duration-normal: 0.525s;
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--duration-fast: 0.262s;
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--ease: cubic-bezier(0.165, 0.84, 0.44, 1);
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--ease-button: cubic-bezier(0.3, 1, 0.8, 1);
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--normal-transition: var(--duration-fast) var(--ease);
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--main-padding-top: max(13px, 0.6770833333vw);
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--main-padding-side: max(16px, 2.96875vw);
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--header-height: max(70px, 3.6979166667vw);
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--header-height-mobile: 79px;
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--logo: url("path-to-dark-theme-image.jpg");
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}
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:root[data-theme="light"] {
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color-scheme: light;
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--theme--color-accent: #0000f4;
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--theme--color-accent-boke: #0000f4;
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--theme--color-black: #fbfbfb;
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--theme--color-white: #040404;
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--theme--color-grey: #565656;
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--theme--color-grey-light: #8e8e8e;
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--theme--color-grey-lightness: #dedede;
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--logo: url("path-to-dark-theme-image.jpg");
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}
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::selection {
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background-color: #0000f4;
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color: #040404;
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}
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body {
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transition: all var(--normal-transition);
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}
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/**
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*** Light Mode Styles
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**/
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html[data-theme="light"] .button.benefits,
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html[data-theme="light"] .button.primary,
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html[data-theme="light"] .button.community{
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color: var(--theme--color-black);
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}
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html[data-theme="light"] .noise-component {
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opacity: 0.35;
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}
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html[data-theme="light"] .benefits_ball {
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mix-blend-mode: darken;
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background-color: var(--theme--color-black);
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box-shadow: 0 4px 115px 15px #0000f4, 0 0 70px 20px var(--theme--color-black),
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inset -39px -20px 100px rgba(0, 0, 244, 0.73);
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}
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html[data-theme="light"] .hero_gradient,
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html[data-theme="light"] .section_blog-hero,
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html[data-theme="light"] .section_blog-post-hero {
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background-image: linear-gradient( 180deg, var(--theme--color-black) 1%, var(--theme--color-black) 65%);
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}
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html[data-theme="light"] ._404_background-gradient,
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html[data-theme="light"] .product-hero_gradient,
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html[data-theme="light"] .partner-hero_gradient {
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visibility: hidden;
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}
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html[data-theme="light"] .footer_toggle {
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justify-content: flex-end;
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}
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html[data-theme="light"] .network_feature-image {
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-webkit-filter: invert(100%);
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filter: invert(100%);
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}
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html[data-theme="light"] {
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.network_desktop-image,
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.network_mobile-image,
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.community-hero_mobile-image,
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.app_desktop-image,
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.app_mobile-image,
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.product-hero_video-container,
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.partner-hero_video-container,
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.partner-hero_mobile-image-container,
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.opportunities_image,
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.opportunities_mobile-image {
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mix-blend-mode: darken;
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}
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}
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html[data-theme="light"] .product-hero_mobile-image-container {
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mix-blend-mode: darken;
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-webkit-filter: brightness(110%);
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filter: brightness(110%);
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}
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.product-hero_gradient,
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.partner-hero_gradient {
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background: linear-gradient(
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180deg,
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rgba(0, 0, 244, 0.9) 1.63%,
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rgba(0, 0, 244, 0) 99.89%
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);
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}
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.community-hero_gradient{
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background: linear-gradient(180deg, rgba(0, 0, 244, .9) 1.63%, rgba(0, 0, 244, 0) 99.89%);
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}
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.events_gradient{
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background: linear-gradient(180deg, hsla(0, 0%, 90%, 0), hsla(0, 0%, 100%, .39) 51%, hsla(0, 0%, 95%, 0) 89.23%);
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}
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.stack_gradient {
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position: absolute;
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right: 0;
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bottom: max(300px, 30.7291666667vw);
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left: 0;
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opacity: 0.4;
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z-index: -1;
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margin-left: 0;
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background: linear-gradient(
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180deg,
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hsla(0, 0%, 90%, 0),
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hsla(0, 0%, 95%, 0.5) 48.91%,
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hsla(0, 0%, 95%, 0) 89.23%
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);
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width: 100%;
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height: max(180px, 18.2291666667vw);
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content: "";
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pointer-events: none;
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-webkit-user-select: none;
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user-select: none;
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}
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.partner-hero_video {
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-webkit-mask-size: 250% 100%;
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mask-size: 250% 100%;
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-webkit-mask-position: center center;
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mask-position: center center;
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-webkit-mask-repeat: no-repeat;
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mask-repeat: no-repeat;
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-webkit-mask-image: radial-gradient(
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ellipse,
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#030303 40%,
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rgba(3, 3, 3, 0) 85%,
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rgba(3, 3, 3, 0) 100%
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);
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mask-image: radial-gradient(
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ellipse,
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#030303 40%,
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rgba(3, 3, 3, 0) 85%,
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rgba(3, 3, 3, 0) 100%
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);
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}
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@keyframes noise_grain {
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0% {
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-webkit-transform: translate(20%, -15%);
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transform: translate(20%, -15%);
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}
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10% {
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-webkit-transform: translate(-20%, -15%);
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transform: translate(-20%, -15%);
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}
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20% {
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-webkit-transform: translate(20%, -5%);
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transform: translate(20%, -5%);
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}
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30% {
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-webkit-transform: translate(-20%, -5%);
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transform: translate(-20%, -5%);
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}
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40% {
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-webkit-transform: translate(20%, 5%);
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transform: translate(20%, 5%);
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}
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50% {
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-webkit-transform: translate(-20%, 5%);
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transform: translate(-20%, 5%);
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}
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60% {
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-webkit-transform: translate(20%, 15%);
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transform: translate(20%, 15%);
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}
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70% {
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-webkit-transform: translate(-20%, 15%);
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transform: translate(-20%, 15%);
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}
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80% {
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-webkit-transform: translate(20%, 5%);
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transform: translate(20%, 5%);
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}
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90% {
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-webkit-transform: translate(-20%, 5%);
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transform: translate(-20%, 5%);
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}
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100% {
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-webkit-transform: translate(20%, -5%);
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transform: translate(20%, -5%);
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}
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}
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.social_subheader:before{
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display: block;
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position: absolute;
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-webkit-transform: translate(-220%, -50%);
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transform: translate(-220%, -50%);
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border-bottom: max(2px, .1041666667vw) solid blue;
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width: max(15px, 1.25vw);
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height: max(15px, .9375vw);
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content: "";
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}
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.opportunities_block:nth-child(2n) {
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grid-template-columns: auto max(50px, 15.625vw);
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}
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.opportunities_block:nth-child(2n) .opportunities_image {
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grid-area: 1 / 2 / 2 / 3;
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}
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.opportunities_block:last-child {
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padding-bottom: max(60px, 6.25vw);
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border-bottom: max(1px, 0.0520833333vw) solid var(--theme--color-grey-light);
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}
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.opportunities_block:not(:first-child) {
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margin-top: max(30px, 4.4791666667vw);
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}
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.stack_item:before {
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padding-top: 0.4166666667vw;
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font-size: max(10px, 0.625vw);
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content: "0" counter(custom) " ";
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}
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.section_app div:first-child {
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position: relative;
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width: 67.7083333333vw;
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}
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.section_app .app_container {
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display: flex;
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z-index: 2;
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}
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.legal_rich-text li::marker {
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color: var(--theme--color-accent);
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}
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.benefits_benefit-icon:before {
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position: absolute;
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top: 0;
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left: 0;
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opacity: 0.5;
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background: linear-gradient(
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134.38deg,
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var(--theme--color-white) 4.91%,
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var(--theme--color-black) 108.92%
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);
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content: "";
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z-index: -1;
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width: max(38px, 1.9791666667vw);
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height: max(27px, 1.40625vw);
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}
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.blog-post_rich-text li::before {
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content: "";
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position: absolute;
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border-radius: 50%;
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height: 8px !important;
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width: 8px !important;
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margin-top: max(8px, 0.78125vw) !important;
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background: var(--theme--color-accent) !important;
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left: 0 !important;
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}
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.blog-post_rich-text li::marker {
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content: "";
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}
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.section_hero:before {
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position: absolute;
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top: 50%;
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left: 50%;
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-webkit-transform: translate(-50%, -50%);
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transform: translate(-50%, -50%);
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z-index: -1;
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background: linear-gradient(
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0deg,
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var(--theme--color-black) 15%,
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rgba(9, 9, 121, 0) 50%,
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var(--theme--color-black) 100%
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),
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linear-gradient(
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90deg,
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var(--theme--color-black) 0,
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hsla(0, 0%, 100%, 0) 10%,
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hsla(0, 0%, 100%, 0) 50%,
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hsla(0, 0%, 100%, 0) 90%,
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var(--theme--color-black) 100%
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);
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width: 101%;
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height: 101%;
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aspect-ratio: 16/9;
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content: "";
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pointer-events: none;
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}
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.section_hero:after {
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position: absolute;
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top: 50%;
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left: 50%;
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-webkit-transform: translate(-50%, -50%);
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transform: translate(-50%, -50%);
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z-index: -1;
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background: linear-gradient(
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0deg,
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var(--theme--color-black) 15%,
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rgba(9, 9, 121, 0) 50%,
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var(--theme--color-black) 100%
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),
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linear-gradient(
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90deg,
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var(--theme--color-black) 0,
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hsla(0, 0%, 100%, 0) 10%,
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hsla(0, 0%, 100%, 0) 50%,
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hsla(0, 0%, 100%, 0) 90%,
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var(--theme--color-black) 100%
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);
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width: 101%;
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height: 101%;
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content: "";
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pointer-events: none;
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}
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.section_404:before {
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background: radial-gradient(
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ellipse farthest-corner at center center,
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rgba(4, 4, 4, 0.25) 55%,
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var(--theme--color-black) 0
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);
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width: 120%;
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height: 115%;
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filter: blur(max(40px, 4.1666666667vw));
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will-change: filter, transform;
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aspect-ratio: 16 / 9;
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position: absolute;
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top: 50%;
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left: 50%;
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transform: translate(-50%, -50%);
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z-index: -1;
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content: "";
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pointer-events: none;
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}
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html[data-theme="light"] .section_404:before {
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width: 120%;
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height: 115%;
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background: linear-gradient(
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0deg,
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var(--theme--color-black) 15%,
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rgba(9, 9, 121, 0) 50%,
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var(--theme--color-black) 100%
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);
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}
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/* Get rid of top margin on first element in any rich text element */
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.w-richtext > :not(div):first-child,
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.w-richtext > div:first-child > :first-child {
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margin-top: 0 !important;
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}
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/* Get rid of bottom margin on last element in any rich text element */
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.w-richtext > :last-child,
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.w-richtext ol li:last-child,
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.w-richtext ul li:last-child {
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margin-bottom: 0 !important;
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||
}
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||
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.blog_card-title {
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display: -webkit-box;
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-webkit-line-clamp: 2;
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-webkit-box-orient: vertical;
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overflow: hidden;
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||
text-overflow: ellipsis;
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||
}
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||
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.blog_preview,
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.blog_summary,
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.latest-news_summary {
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display: -webkit-box;
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-webkit-line-clamp: 4;
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||
-webkit-box-orient: vertical;
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overflow: hidden;
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text-overflow: ellipsis;
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||
}
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||
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.blog_link-text:before,
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.nav_link:before,
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.footer_link:before {
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||
position: absolute;
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||
top: 100%;
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||
left: 0;
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||
right: 0;
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||
opacity: 0;
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||
width: 0;
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background-image: repeating-linear-gradient(
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0deg,
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currentcolor,
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currentcolor 100%,
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transparent 0,
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||
transparent 0,
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||
currentcolor 0
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),
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||
repeating-linear-gradient(
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90deg,
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||
currentcolor,
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||
currentcolor 100%,
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||
transparent 0,
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||
transparent 0,
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||
currentcolor 0
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||
),
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||
repeating-linear-gradient(
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||
currentcolor,
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||
currentcolor 100%,
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||
transparent 0,
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||
transparent 0,
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||
currentcolor 0
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),
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||
repeating-linear-gradient(
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270deg,
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||
currentcolor,
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||
currentcolor 100%,
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||
transparent 0,
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||
transparent 0,
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||
currentcolor 0
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);
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background-position: 0 0, 0 0, 100% 0, 0 100%;
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background-repeat: no-repeat;
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||
background-size: 0 100%, 100% 0, 0 100%, 100% 2px;
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||
height: max(1px, 0.0520833333vw);
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-webkit-animation: link_border__mvlME var(--duration-normal) linear infinite;
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||
animation: link_border__mvlME var(--duration-normal) linear infinite;
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||
content: "";
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||
pointer-events: none;
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||
transition: all var(--duration-normal) var(--ease);
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}
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||
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.nav_link:hover::before,
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||
.blog_link-text:hover::before,
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.footer_link:hover::before {
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||
width: 100%;
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||
opacity: 1;
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||
transition: all var(--duration-normal) var(--ease);
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||
}
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||
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||
.blog-hero_card:hover .blog_hero-card-image-container {
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||
-webkit-filter: brightness(125%);
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||
filter: brightness(125%);
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||
transition: -webkit-filter var(--duration-normal);
|
||
transition: filter var(--duration-normal);
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||
transition: filter var(--duration-normal),
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-webkit-filter var(--duration-normal);
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||
}
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||
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||
.blog_card:hover .blog_card-image-container {
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||
-webkit-filter: brightness(125%);
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||
filter: brightness(125%);
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||
transition: -webkit-filter var(--duration-normal);
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||
transition: filter var(--duration-normal);
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||
transition: filter var(--duration-normal),
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-webkit-filter var(--duration-normal);
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||
}
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||
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||
.blog_link:hover .blog_link-icon {
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||
-webkit-transform: rotate(45deg) scale(1.15);
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||
transform: rotate(45deg) scale(1.15);
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||
}
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||
|
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.blog_link-icon {
|
||
transition: transform var(--normal-transition),
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-webkit-transform var(--normal-transition);
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}
|
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|
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@media (min-width: 1600px) {
|
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.blog_grid {
|
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grid-template-columns: repeat(3, 1fr);
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}
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}
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@media (max-width: 990px) {
|
||
|
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|
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.social_subheader:before{
|
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visibility:hidden;
|
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}
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.opportunities_block:last-child {
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border-bottom: unset;
|
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padding-bottom: 5.3333333333vw;
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}
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.opportunities_block:not(:first-child) {
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margin-top: max(60px, 5.859375vw);
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}
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.blog_link-text:before,
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.nav_link:before {
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top: 105%;
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}
|
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|
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html[data-theme="light"] .nav_menu {
|
||
background-image: linear-gradient(
|
||
180deg,
|
||
var(--theme--color-black) 1%,
|
||
var(--theme--color-black) 65%
|
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); /* Use decimal value for opacity with higher specificity */
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}
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||
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.section_hero:before,
|
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.section_hero:after {
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display: none;
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}
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|
||
.section_app div:first-child {
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||
width: 100%;
|
||
min-height: max(340px, 50.6666666667vw);
|
||
order: 2;
|
||
}
|
||
}
|
||
|
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|
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|
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data-autoplay="0" data-direction="1" data-duration="0" data-is-ix2-target="1" data-ix2-initial-state="0" data-loop="0" data-renderer="svg" data-src="https://cdn.prod.website-files.com/669696d6af77a83985da8ffd/66a2c7d9269f6c3e8f43f725_Laconic%20Menu.json" data-w-id="fbd3c3c8-569b-7ba4-52f1-12d65e5c9f29"></div></a><a class="button nav w-button" href="https://github.com/cerc-io/stack-orchestrator" target="_blank">GET STARTED</a></nav></header><main class="main"><section class="section_blog-post-hero"><div class="padding-global"><div class="container-large"><div class="blog-hero_component"><h1 class="heading-style-h2">A Look Ahead at Crypto in 2023</h1><div class="blog_byline"><div>1.5.2023</div><div>-</div><div class="blog_author"><div>BY â </div><div>Michael GUSHANSKY</div></div></div><div class="blog_categories hero"><div class="blog_category-chip w-condition-invisible"><div>Developers</div></div><div class="blog_category-chip"><div>Insights</div></div><div class="blog_category-chip w-condition-invisible"><div>Product</div></div><div class="blog_category-chip w-condition-invisible"><div>News</div></div><div class="blog_category-chip w-condition-invisible"><div>Partners</div></div></div></div></div></div></section><section class="section_blog-post"><div class="padding-global"><div class="container-large"><div class="blog-post_image-container"><img alt="" class="blog-post_image" loading="lazy" sizes="(max-width: 479px) 93vw, (max-width: 991px) 94vw, 68vw" src="https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends.png" srcset="https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends-p-500.png 500w, https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends-p-800.png 800w, https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends-p-1080.png 1080w, https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends-p-1600.png 1600w, https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends-p-2000.png 2000w, https://cdn.prod.website-files.com/669ac798759a2d4d257f2859/669acac3938337fbc02d2151_trends.png 2200w"/></div></div><div class="container-medium"><div class="blog-post_component"><div class="blog-post_container"><div class="blog-post_rich-text w-richtext"><p>So much has changed in the last year due in large part to a seemingly unpredictable sequence of epic market failures. Despite this, weâre still here trying to predict the unpredictable. As the dust settles from a cascade of collapses including FTX, Terra, 3AC, and many others, the direction crypto must take to become viable is now clearer. </p><p>We find ourselves in a strange position. We built protocols that actually work under immense market pressure, showing some of the promise of decentralized systems. However, that pressure came from deeply irresponsible market manipulation and behavior. How do we make sense of the fallout, and do better.</p><h1>Blockchain Regulation: itâs coming</h1><p>First, this space is about to get regulated. The <a href="https://www.pillsburylaw.com/en/news-and-insights/digital-commodities-consumer-protection-act-digital-assets.html">Digital Commodities Consumer Protection Act</a> (DCCPA) looms in the wake of FTXâs demise and Sam Bankman Friedâs increasingly radioactive support of the bill. The DCCPA aims to give the CFTC primary jurisdiction over crypto exchanges. This would establish the commission as the authority on spot, margined and leveraged digital commodity trades. </p><p>The bill, however, does not outline processes for classifying assets as commodities and securities. This is relevant because the Securities and Exchange Commission (SEC), which under Gary Gensler has increasingly strived for more oversight, currently qualifies most crypto, aside from Bitcoin, as a security. </p><p>In Europe the new Markets in Crypto Assets Regulation (MiCA) aims to regulate dollar-pegged stablecoins, controlling transaction count and volume limits which, <a href="https://www.reuters.com/technology/eu-crypto-rules-set-cap-dollar-pegged-stablecoins-2022-10-07/#:~:text=LONDON%2C%20Oct%207%20(Reuters),competitiveness%2C%20industry%20representatives%20have%20said.">according to Reuters</a>, are already exceeded by the three largest stablecoins, Binance USD, USD Coin & Tether. Stablecoin volume has increased dramatically over the last several years and a cap or ban could hinder the crypto ecosystem overall. Crypto regulation and the conversations around asset classifications, regulatory purview, and stablecoin usage will be defining battlegrounds in 2023. </p><h1>Decentralization: yes it matters</h1><p>Increasing regulatory pressure will force crypto projects to re-focus on achieving actual decentralization; not just to avoid legal consequences but also to empower more equitable and effective on-chain governance. Although there is no official guidance from the SEC, commissioner Hester Pierceâs Safe Harbor Proposal has served as a guiding light for those interested. The proposal suggests networks must achieve sufficient decentralization within three years, meaning networks should not be controlled by a single individual or group of individuals. </p><p>Tokens must also be used to exchange value pertaining to the network. The token should be sold for facilitating access to, participation on, or development of the network. Essentially, if itâs a decentralized network, validators/investors/teams cannot control majority stake. If the network has a token, then the token needs to be used for something <em>actually</em> intrinsic to network operationsâit canât just be a fundraising vehicle.</p><h1>On-Chain Governance</h1><p>Weâve touched on a number of external forces impacting networks but what about internal forces? On-chain governance is rapidly evolving. Usage of proof of stake (PoS) consensus has grown over the last several years in part due to a dramatic reduction in power consumption, and also because of increased flexibility to affect significant changes to network parameters. With voting power relative to stake, stake concentrated in the hands of a few entities can present unique and potentially insurmountable challenges to achieving sufficient decentralization.</p><p>The Cosmos ecosystem is a particularly fascinating testing ground for on-chain governance. From the controversial <a href="https://www.mintscan.io/juno/proposals/16">Juno Prop 16</a> which resulted in on-chain confiscation of user funds, to the equally controversial <a href="https://www.mintscan.io/cosmos/proposals/82">Cosmos Prop 82</a> which put forward an entirely new paradigm for Cosmos Hub utility and ATOM value capture, the Cosmos ecosystem has been trailblazing governance processes and implementation. </p><h1>Whatâs at Stake?</h1><p>One of the main issues weâre seeing now is the disproportionate concentration of stake. In Cosmos for instance, the top 5 out of 150 <a href="https://www.mintscan.io/juno/validators">Juno validators</a> control 25% of the network. The top 5 out of 175 <a href="https://www.mintscan.io/cosmos/validators">Cosmos validators</a> control 25% as well. The top 5 out of 100 <a href="https://www.mintscan.io/akash/validators">Akash validators</a> control 37%. </p><p>In Ethereum, <a href="https://cointelegraph.com/news/64-of-staked-eth-controlled-by-five-entities-nansen">according to Nansen</a>, there are 5 entities that control 64% of staked Ether. Although only 11% of circulating ETH is staked, among 426,000 validators, three major cryptocurrency exchanges account for 30% of the total staked ETH, with Lido DAO accounting for 31%. </p><p>If the top 4-5 Validators control 1/4 of the stake and, at times more, of a network, is the network really decentralized? If an exchange like Binance or Huobi can buy up large volumes of tokens, enter the top validator slots, and through governance, make substantive changes to the network for their own benefit, is that network truly decentralized? There are valid arguments on both sides. </p><p>Thereâs an argument that these networks are permissionless and any entity can engage in governance by purchasing tokens and staking them, so in theory, they are decentralized. In practice, power is often concentrated in the hands of a few entities with a majority of the tokens. </p><p>The current Cosmos governance landscape is also fascinating because many pivotal governance mechanisms and network changes are being deliberated simultaneously. Should there be a constitution? Should there be larger deposit requirements for proposals? Should ATOM issuance be changed to fund network growth initiativesâcompletely repurposing the network in the process? Cosmos will continue to innovate on-chain governance. As Cosmos gains more visibility, developers will adapt components of Cosmos governance for their purposes. </p><h1>Novel Solutions to Cryptoâs Most Existential Problems</h1><p>As we look ahead to 2023, Laconic is well positioned to address these issues. Laconic Network leverages Cosmos technology and is run by an LLC that is designed to comply with the laws within its jurisdiction and to allow each member to comply with the laws within their jurisdiction. Geographic distribution of member validators strengthens the network's resilience to nation specific sanctions. </p><p>Additionally each member validator is given one vote and all votes are equally weighted. This eliminates uneven distribution of voting power typically seen in delegated proof of stake networks. Laconic Network also makes it clear that Laconic Network Token (LNT) is treated as a loyalty point and for prepayment of services, and is not a security or currency. </p><p>For more on the Laconic Network Governance model and how it addresses the fundamental issues around asset classification, token usage, PoS networks and regulation, you can check out â<a href="https://www.laconic.com/blog/laconic-governance-model">A New Governance Model for the New Web</a>.â </p><p>Crypto isnât going anywhere, but we will need to build safer and more decentralized systems, and work within a more aggressive regulatory environment. </p></div></div></div></div></div></section><section class="section_share"><div class="padding-global"><div class="container-medium"><div class="share_component"><p class="share_header">Share This Article</p><div class="share_button-container"><div class="w-embed"><a class="share_button" href="https://twitter.com/intent/tweet?url=https://www.laconic.com/blog/trends" target="_blank">
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const root = document.documentElement;
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// Setup object to store all class and ID selectors
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// Update theme-dependant images
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function updateImageSources() {
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// update theme dependant background images
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path.style.fill = `var(${setup.themeColorVariable})`;
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function updateVideoVisibility() {
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const lightVideo = document.querySelector('#background-video-light');
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if (currentTheme === 'dark') {
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console.log('No background video elements found on this page.');
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// Theme toggle
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function toggleTheme() {
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if (currentTheme === 'dark') {
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updateImageSources(); // Update images when the theme is toggled
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updateLottiePathColors(); // Update Lottie colors when the theme is toggled
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updateVideoVisibility() // Update background videos when theme is toggled
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updateBackgroundImages(); // For background image swap
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console.log(`Theme set to: ${storedTheme}`);
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} else {
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||
root.setAttribute('data-theme', 'dark');
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||
setup.toggleLabels.forEach(label => label.textContent = 'Dark Mode');
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console.log('Theme set to: dark');
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||
}
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||
|
||
updateImageSources();
|
||
updateLottiePathColors();
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||
updateVideoVisibility()
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||
updateBackgroundImages(); // For background image swap
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||
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||
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// When page content is loaded
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document.addEventListener('DOMContentLoaded', () => {
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||
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||
// Initialize the theme
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||
initializeTheme();
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||
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||
// Add event listener to all theme toggle buttons
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setup.themeToggleButtons.forEach(button => {
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||
button.addEventListener('click', toggleTheme);
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||
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||
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// Ensure Lottie path colors and image sources are updated on page load
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window.addEventListener('load', () => {
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updateLottiePathColors();
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||
updateImageSources();
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updateVideoVisibility()
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||
});
|
||
|
||
|
||
|
||
</script></body></html> |