The price of the currency has plummeted, what is the validator Laomao doing? (two)

Yesterday I participated in the Likecoin community meeting, so I wrote down my feelings, and reported on my recent work, and hope to get the validator service that everyone will continue to support Laomao.

Participating in the monthly LikeCoin community meeting is a designated action, and Lao Mao attended as usual yesterday. There was a surprise in this meeting, which was that it was 20 minutes overtime. This is unprecedented. Although the meeting time was expected to be long, the content was rich and the old cat enjoyed it very much (fortunately, there were no other arrangements yesterday!). The format of each community meeting is similar. LikeCoin's development progress and plans will be introduced, and there will be reports from various committees. There are no committee reports in this issue (the CDC has a prospective member for a long time, everyone is welcome to join), but the high-reconstruction book "The so-called "I don't invest" is all in legal currency" has been added but has been released for free download. The method is used as a demonstration of issuing and sending Writing NFT books for your reference. Mr. Gao’s book, Laomao, has a lot of feelings, and will try to share it in another article, so I won’t repeat it. Laomao has watched the continuous development of Writing NFT in recent months, with more and more functions. Through implementation, the entire issuance process has been made concrete and operable, and Writing NFT has gradually become a system, which is quite touching. I still remember that when Osmosis Proposal 352 was voted, the proposal was to provide incentive funding for the LIKE-OSMO fund pool. The proposal was finally passed, but the community’s response during the voting was not optimistic. A well-known validator loudly criticized the LikeCoin chain as garbage on Twitter, very disdainful (Tweet is as follows: Do not know what is LIKE and hope never learn what is LIKE. The project is not engaged with the general Cosmos community and has no viable product or go-to-market strategy. No.). The LikeCoin team explained very politely and said humbly that they want to strengthen marketing, but they did not receive a public response, and of course they did not retract or modify the tweet. At that time, I was very sorry for the LikeCoin team and the community. During the meeting yesterday, I really regretted not sending the validator an invitation to the community meeting. The LikeCoin community meeting was held in English.

Lao Mao wrote an article "The price of currency has plummeted, what is the validator Lao Mao doing?" "Although the recent collapse of FTX has further hit the blockchain and cryptocurrency, the overall feeling is similar to the observation above. Those who are interested will stay and continue to work, and those who pick cherries will of course leave to pick other cherries. Old Cat continued to be a validator, and added some nodes at the same time, and established a simple webpage ( http://oldcat.io ) to introduce Old Cat’s nodes. Traditional Chinese version. Some blockchains, such as Crescent, KAVA, and Osmosis, that cannot enter the active verification list due to fierce competition during the booming market, because the threshold has been lowered, Laomao is also fortunate to enter the list, but the ranking is low, and it is still competing. I hope everyone will entrust support.

The market is not good, and some groups are struggling to operate. Among them, the Galaxy Network, which Lao Mao has as a validator, failed to process the Dragonberry patch security update due to staff leaving, which caused artificial safety measures for the validator, stopped validating the chain, and stopped the operation of the chain. After discussions among groups, verifiers and the community, the team proposed a plan (including abandoning the founding team to hold tokens), which was approved by the verifier community. After two restarts, the chain finally re-runs. The re-run is just an opportunity to start again, and it is still unknown how to proceed and whether it will be successful. Perhaps the old cat thinks that this team is a bit like the Likecoin team. The young Korean team is not a big brand, has no big boss support, has few resources, and feels that they need community support, so the old cat is more concerned about this matter and will Actively coordinate and help. We never know if a project will succeed—until it succeeds or fails, and success and failure are often separated by a thin line, and that line is often in our hands without knowing it.

The downturn requires more mutual assistance, those who have the energy and ability to participate more, put forward opinions and ideas, and those who have spare time support Writing NFT and other meaningful services, then this cold winter will leave sooner, and the scenery will be particularly bright after the cold winter.