Alice (@rnmdd) • Hey
Dreams are not far away
There are always some people trying to move forward in order to change something
Publications
- Greg Solano, co -founder of Yuga Labs, has released a memorandum of announcing the company's reorganization since the CEO of the company in February.
Regarding the reorganization announcement, Solano said: "Today is a very difficult day. I am determined to change Yuga and let us return to the original original intention, which means making difficult decisions. So far, the hardest decision is to say goodbye to some talents. team member."
In the memorandum, Solano said that Yuga Labs "lost direction" will focus on the establishment of "a smaller, more flexible, and more encrypted team"
- Renzo officially issued a post on social media that the first quarter of the integral integral airdrop receipt will be launched at 19:00 on April 30th, Beijing time, that is, one hour before the launch of Binance will be opened. The user will receive Rez for 30 days, and any unmanned token will be added to the second quarter airdrop reward.
The official said that the second quarter of the integral integral airdrop activity is about to begin. This event will run for 3 months to allocate to token with a total supply of 5%of the participants. Participants in the first quarter will get 10%of points of points. After upgrading, Renzo will also launch several times more multiple points to earn a lot of points for decentralized financial partners.
- Data fixed
Snapshot complete
We've locked in points balances and unlinking or relinking your Twitter will no longer transfer points. Join us next week for when points go onchain.
If you see any issues with your balance in-app, please contact us at support@frie@lens/friendtech
- This is the professional knowledge shared by security experts. It is related to everyone's asset safety.
https://github.com/slowmist/Blockchain-dark-forest-selfguard-handbook/blob/main/README_CN.md
Black Handbook (Blockchain Black Dark Forest Self -rescue Manual) V1.2 Edition V1.2 is first released. This difference is a bit difficult ... New "Those Tools" chapters and update "contributors" network ".
- On April 27th, according to official news, the Point NFT Loan Loan Agreement NFTFI Foundation announced that the NFTFI airdrop application will be opened at 20:30 on April 30, Beijing time, and lasts 41 days until June 10. Until -applied tokens will be returned to community and reward allocation and are used for future rewards.
The total supply of tokens of NFTFI is 2 billion yuan, and the initial circulation supply is expected to be 220 million pieces. As an Ethereum main network on Ethereum, ERC-20 token is distributed. Tokens will be assigned: community and rewards, foundation and ecosystems, core contributors and strategic supporters. 84.5% of the NFTFI token supply was initially locked and unlocked within four years.
7.00%(140 million) supplied by NFTFI has been assigned to more than 3,000 qualified wallets from community and reward categories. This traceability airdrop is aimed at recognizing and rewarding the contribution of NFTFI users.
- In the past few days, demonstrations, including several well -known institutions, have a demonstration in the campus of many universities in the United States, demanding permanent ceasefire in the Gaza Strip, and stopping military assistance in the United States. Although some American politicians label the "anti -Semit" label, the anti -war movement still shows a strongest momentum.
Mike Johnson, Speaker of the Republican House of Representatives of the United States Congress, went to Columbia University on April 24 to ask students to end anti -war protests and say that when necessary, the National Guard will be dispatched.
- Politics is Bullshit
- The Hong Kong Investor and Financial Education Commission stated that the investment scope of spot virtual asset ETF investment is limited to virtual assets provided to Hong Kong public on the virtual asset trading platform holding the securities commission license (currently limited to Bitcoin and Ethereum), trading The opponent must buy and sell virtual assets through licensed virtual asset trading platforms to reduce the risk of trading. Asset custody must be entrusted to keep virtual assets in the designated institutions regulated in Hong Kong, such as licensed virtual asset trading platforms, banks, or subsidiaries registered in Hong Kong to reduce the risk of custody. Investors can buy and sell virtual asset spot ETFs through securities banks or banks. Some virtual asset spot ETFs also provide non -listed fund units categories. Submitting and redemption.
- Everything is very good
NFT has been silent for a while, it takes more time to improve and improve
- The cryptocurrency spring report released by ChainaLetsis, the use rate and market importance of stablecoin will grow rapidly in 2024. The number of addresses holding stablecoin and the use of the use on the chain will increase significantly, making it a global nature Financial assets. The legislative work in the United States, such as "Lummis-Gillibrand Payment Stability Act", aims to establish a regulatory framework for stablecoins. By providing more secure and clearer guidance for the use of stable coins, enhancing people's confidence, encouraging people to further adopt adoption Stable currency. The global demand for stablecoins, especially the stable currency linked to the US dollar, highlights its role in financial tolerance and the role of bridges between traditional finance and cryptocurrencies, although the discussion around its supervision is still continuing.
- how the ETH2 deposit contract could have saved 18+ ETH ($ 56,000+) & more with this minor optimization trick on sparse merkle trees, and on SSTORE2
some context: an incremental Merkle Tree (MT) is a MT of fixed depth where each leaf starts as a Zero value.
the non-zero values are added from the left-most to the right-most leaf, one by one.
a well-known optimization is to pre-compute & the store Zero hashes
all subtrees to the right of the newest member consist of Merkle subtrees with all zero leaves)
notice below for a tree (h=5); the proof path for 2e7 is in orange; 13 & 87 (violet) are trees of all zero leaves of height 3 & 4 respectively - we can cache this!
eth2 deposit calculates, & caches this in storage, (SLOAD for lookup, initial storage cost)
https://github.com/tornadocash/tornado-core/blob/master/contracts/MerkleTreeWithHistory.sol#L125-L159…
(zerosFromStorage^)
tornado cache deposit contract uses a big switch statement, (JUMPI's for lookup, bytecode bloat)
https://github.com/tornadocash/tornado-core/blob/master/contracts/MerkleTreeWithHistory.sol#L125-L159…
(zerosFromSwitch^)
- In today's guide, we'll cover how to build a crypto Telegram bot using Python, that delivers real-time updates on cryptocurrencies. This bot is engineered not only to furnish you with the latest price of any selected cryptocurrency but also to supply additional data. This includes, but is not limited to, changes in price over a 24-hour period, market capitalization, trading volume, and even historical crypto price data. This wealth of information at your fingertips can empower you to make well-informed decisions in your cryptocurrency ventures.
Let's dive in!
Level of Functionality
In this section, we’ll break down the key functionalities of our crypto Telegram bot, and how these features will provide users with a comprehensive and real-time overview of the crypto market.
**Fetching and displaying real-time crypto market data** – Our bot is already equipped to fetch and display real-time market data for various cryptocurrencies. This includes data such as current price, market cap, volume, and price change percentage. We achieve this by making a GET request to the **/coins/markets** endpoint of the CoinGecko API.**Displaying the 24h highest and lowest prices** – The bot can fetch and display the highest and lowest prices of a specific cryptocurrency in the last 24 hours. This information can be crucial for users who are actively trading or monitoring specific cryptocurrencies. We fetch this data from the same **/coins/markets** endpoint.**Fetching and displaying supply information –** Our bot can fetch and display the circulating supply and total supply of a specific cryptocurrency. This information can be useful for users who want to understand the scarcity of a particular cryptocurrency. Again, this data is fetched from the **/coins/markets** endpoint.**Fetching and Displaying Top Cryptocurrencies** – The bot can fetch and display the top 10 cryptocurrencies based on market cap. This feature provides users with a quick overview of the leading cryptocurrencies in the market. We fetch this data by making a GET request to the same **/coins/markets** endpoint, but with specific parameters to order the results by market cap and limit the number of results.**Fetching and Displaying On-Chain DEX Pool Data** – Our bot also includes the functionality to fetch and display on-chain DEX crypto liquidity pool data. This feature allows users to search for pools on a network, providing valuable insights into the decentralized exchange (DEX) market. We achieve this by making a GET request to the **/onchain/search/pools** endpoint.***💡 Pro-tip:** Onchain endpoints are exclusively available for paid plan subscribers only. Unlock access to all 20 new /onchain endpoints for on-chain token and liquidity pool data for cryptocurrencies not listed on CoinGecko, by subscribing now.*
Prerequisites
Before we start, ensure you have the following:
**Python 3.7** or higher installed on your system. Python is a powerful, easy-to-learn programming language that we will use to build our bot.**A Telegram account**. Telegram is a cloud-based instant messaging app where our bot will live.**Basic understanding of Python programming**. While this guide will be detailed, having a basic understanding of Python syntax and programming concepts will be beneficial.**A text editor**: You will need a text editor or an Integrated Development Environment (IDE) to write your code. Some popular options include Visual Studio Code, Sublime Text, and Atom.**CoinGecko API**: We will be using the CoinGecko API to fetch the crypto market data for cryptocurrencies. The CoinGecko API has a free Demo plan accessible to all users with a 30 calls/min rate limit and a monthly cap of 10,000 calls. Sign up for a CoinGecko account and apply for the Demo plan to get your complimentary Demo API key.We will be using CoinGecko API to fetch the market chart data for cryptocurrencies. The CoinGecko API has a free Demo plan accessible to all users with a 30 calls/min rate limit and a monthly cap of 10,000 calls.
- The burned tokens were not even from whitelisted wallets. $BRETT's deployer kept 1 billion (10%) tokens when the contract was made and sent 500m tokens (5%) to the marketing wallet.
This also means that the insiders and the deployer controlled over 96% of the coin at launch.
- Perseverance insight into EIGENLAYER ecology
Summary
1. EIGENLAYER's core technologies are pledged by pledged RESTAKING to allow decentralized services (AVS) to reuse Ethereum pledged funds and enhance the trust mechanism. When ETH's withdrawal vouchers are redirected to the EIGENLAYER contract, AVS can set a reward and punishment mechanism to attract low -cost verification and participation, improve the use rate of verifications, and enhance the overall network security.
2. EIGENLAYER introduced new micro and macro security challenges in the "Consensus Trafficking Market". The main body of the market: ETH verification, the service items (AVS) that require decentralized POS trust, and the EIGENLAYER platform itself, forms an interactive structure in the ecosystem. Each part may face security threats, affecting the stability of the entire ecosystem. Malicious operator may attack multiple services at a lower cost under the RestAKING mechanism; malicious AVS may use surface publicity and seemingly credible return to attract the unknown OPATOR to join its service system, causing it to suffer from Slashing and irreversible Losses; rapid development of ecology put forward higher requirements to the security of the EIGENLAYER protocol.
3. Professional audit and reliable dynamic protection measures are the cornerstones of ensuring platforms and users' security. Eigenlayer ecology needs to be able to cope with a powerful security framework in addition to innovation. Blocksec continues to build BUILD in the field of blockchain security, providing the project party with professional code audit and dynamic security protection after launch, and supports the continuous growth of this ecosystem.
introduction
Based on Ethereum Agreement EIGENLAYER innovatively proposed the re -pledge function, allowing participants to further use their pledged ETH to support other protocols while maintaining the original pledge and income, so as to maximize the potential value of capital.
From $ 1 billion in 2024 to $ 15.3 billion now, Eigenlayer's TVL is second only to Lido in the entire DEFI ecosystem. The explosive growth not only shows the strong interest in the market, but also verifies the practicality and influence of its technology. With this growth, projects based on Eigenlayer ecology, such as Puffer Finance and Renzo, also quickly won the favor of capital and users. The re -pledge track with Eigenlayer as the core is undoubtedly one of the most watched narratives in the Defi ecosystem this year.
As a company focusing on blockchain security, we will analyze and explore the operating mechanism of Eigenlayer from a macro to micro security perspective, while innovating the Defi ecosystem, it will bring new security challenges and tests.
Top -level design and macro security
RestAKING is essentially a basic means to further solve specific problems by reusing the trust provided by the PROOF of Stake (POS) pledged fund pool. Eigenlayer, as the founder of RESTAKING technology, provides a newly free trafficking of Ethereum fund pool to a new market, provides a consensus market for sale. Eigenlayer claims that the current Ethereum ecology is suffering a macro security problem of trust division, and Eigenlayer can solve this problem well. Next, we will start from the design and motivation of Eigenlayer to understand what is trust division, and how Eigenlayer solves trust division.
1. Who is the service target of the consensus market? Who is the two parties involved in two -way freedom?
Eigenlayer sells the trust provided by Ethereum Ethereum's pledged fund pool, so the consensus seller is the Validator of Ethereum verification node. The buyer, the active verification service, ACTIVELY VALIDATED Services (AVSS). In simple terms, it can be understood as one of the services that need to build a distributed trust network. AVS is a buyer, and their demand is to buy distributed trust.
- Is A16Z Angry criticizing Memecoin? Is the currency?
PEPE, WIF, MEW, BOME ... the coin sector seems to always emerge a new wealth password, but is this really good for the currency circle?
On April 25th, A16Z Crypto CTO Eddy Lazzarin publicly criticized Memecoin publicly, saying that it destroyed the "long -term vision" of cryptocurrencies, defiled the view of "public, regulators and entrepreneurs", and served as "relatively small groups of people. "Casino.
Prior to the A16Z partner and A16Z Crypto director Chris Dixon, Chris Dixon also posted that due to the lagging regulatory, MEME coins were booming, but these currency also made more efficient encryption companies and blockchain tokens.
For Meme currency believer, especially investors, the above A16Z remarks are severe, because the so -called blue -chip projects in some currency circle are also cut countless. There are even opinions that the currency circle is the casino. The chips are not high and low, and winning money is the king. So in the eyes of professional professionals in various ways, what will the coin exist?
- Zhao Changpeng (CZ) was born in Lianyungang, Jiangsu in 1977. He has a deep technical background and served as technical director in Bloomberg. Binance was founded in 2017. With its excellent operation and innovation concept, Binance has developed rapidly, and CZ has become a well -known figure in the cryptocurrency field.
With the vigorous development of the cryptocurrency market, regulatory issues gradually surfaced. The U.S. government began investigating CZ's business activities, accusing them of not applying for all income to the government, and conducting money laundering activities through the virtual currency trading platform. After that, the regulatory agency fined Binance $ 4.3 billion (including criminal allegations and civil allegations) and frozen CZ's assets in the United States. CZ pleaded guilty to suspected money laundering and paid a fine of 50 million US dollars. Since then, he was allowed to bail for $ 175 million and was once allowed to return to the UAE during the bail. However, with the development of the case, the US court has repeatedly overturned the previous decision to prohibit CZ from traveling.
In April 2024, the U.S. prosecutors formally proposed criminal accusations against CZ, suggesting that it was sentenced to 36 months in prison. Prosecutors pointed out that the CZ Binance platform has serious compliance issues, and has not reported suspicious transactions related to terrorist organizations, and supports sales of children's sexual abuse and receiving extortion software ransom. Prosecutors believe that these behaviors seriously violate the anti -money laundering regulations in the United States and must be severely punished.
CZ's criminal trial was conducted in the Seattle Federal Court on April 30, 2024. At that time, the court will finally decide the fate of CZ. Regardless of the results, this incident will have a profound impact on the cryptocurrency industry, and promote the industry's more standardized and transparent development. BlockBeats organizes the past relevant information as the timeline as follows, so that readers can understand the process of the CZ event:
- Bitcoin Odyssey Summit will be held in Hong Kong on May 9
May 09th, 16:30 to May 09, 20:30
20th floor of California Building, Central
Organizer: Yala, Alex, Stacks, Botanix, Spartan
Guest:/
About activities
The Bitcoin ecosystem is rapidly evolving, bringing new opportunities and challenges to developers, entrepreneurs and enthusiasts.
The purpose of this event is to promote the common concept of Bitcoin and many of its future applications.
Join us, discuss the rise of the second -level solution of Bitcoin to the topic of Bitcoin DEFI and more potential, and explore and discuss the pattern of continuous evolution of the Bitcoin ecosystem.
- With Starknet as a reference, have you reached the ZKSYNC airdrop standard?
So far, more than 6 million active addresses have been on ZKSYNC (even if you only consider the positive interaction address on ZKSYNC Era), the ZK -series L2 star project like StarkNet has implemented the token airdrop plan and rewarded about 500,000 independent independent independence Users, then what will ZKSYNC deal with airdrops?
Simulation StarkNet token allocation
The tokens allocation rules of the StarkNet Foundation In addition to requiring at least 0.005 ETH, the following conditions also include the following conditions:
· At least 3 different months have active records;
· Complete at least 6 interactions;
· The total transaction volume is not less than 100 US dollars;
We used these three rules for the active address of ZKSYNCRA, and we simulated two types of airdrop scenes based on different parameters.
Plan A: screening 2.78 million conditions that meet the conditions:
· At least 4 different months have active records;
· Complete at least 10 interactions;
· The total transaction volume is not less than 100 US dollars;
Plan B: Filtering 2.05 million conditions that meet the conditions:
· At least 4 different months have active records;
· Complete at least 30 interactions;
· The total transaction volume is not less than 500 US dollars;
- A pleasant day started, friends
Share it with a very interesting picture, I admit that I saw this picture laughed for a long time, so that my stomach hurts a bit 🤣
When you wake up very happy, you feel that this is the meaning of living
- A pleasant day started, friends
Share it with a very interesting picture, I admit that I saw this picture laughed for a long time, so that my stomach hurts a bit 🤣
When you wake up very happy, you feel that this is the meaning of living
- Suspicious narratives, understanding narratives, becoming a narrative, a three -step walking in encryption hype.
But the emergence of a narrative often originally originated from a tall word, such as intention, modularization, parallelization ... sounds short and powerful, people seem to understand that this kind of sexy is this sexy. Technical view.
But if you want to ask where these words come from, the top VC Paradigm must be worthy of the highest titles of the "masterpiece master".
In July last year, Paradigm introduced the top ten trends that he was concerned about, which was the first time that the concept of Intent-CENTRIC was first mentioned.
So the concept of intention was quickly popular, and the projects leaned on the hot words, and the common appeal of "make the user experience better" can only be packed in the word "intention". New projects must have a must -have footnote.
Recently, Paradigm, a master of words, took another shot. Its CTO released an article entitled "Reth's Path to 1 Gigagas Per Second, and Beyond" (literal translation of Reth to 1 Gigagas Road). The keywords are naturally It's "gigagas".
Giga literally translates as a common number unit, which is one billion or gigabit; and GAS is obviously a well -known GAS fee.
But the two words are combined with one billion GAS?
Well, it is still the kind of familiar, powerful, simple, and unknown and unknown.
From TPS to GPS, the new standard
In fact, Paradigm's newly proposed Gigagas is related to the performance of the blockchain.
Under the inherent thinking, we say that a blockchain is not fast, and we are measured with TPS (transaction that can be processed per second, that is, the number of transactions that can be processed per second.
But Paradigm's CTO believes that "GAS Per Second (GPS) that can consume per second is a more accurate measurement standard. This is because:
1. Measurement of calculating workload: GAS is a unit that measures the workload required for executing operations (such as transaction or smart contracts). Therefore, GPS can more accurately reflect the calculation amount that the network can process per second.
2. The embodiment of capacity and efficiency: The use of GPS as a performance indicator can more clearly understand the capacity and efficiency of the blockchain and help evaluate the cost of the system.
3. Resistance of DOS attack: Standardizing performance indexes into GPS can better prevent potential service rejection (DOS) attack, which may use less accurate measurement for use.
4. Cross -chain performance comparison: The use of GPS helps to compare different EVM and capable chains, because different chains may have different computing complexity in terms of transaction processing.
Therefore, it will be better to measure the performance of the blockchain with GPS instead of TPS, and Paradigm recommends that the EVM community uses the GAS amount per second as the standard indicator in the article, and at the same time combined with other GAS pricing dimensions to create a comprehensive performance standard.
If Paradigim's idea is used to comprehensively evaluate the EVM network performance with the amount of GAS consumed per second, and at the same time capture calculation and storage costs, then the current mainstream L1 and L2 ranking should be the ranking of GPS:
- On April 26, according to official news, the Solana ecological combination of automated liquidity management agreement Kamino Finance announced the KMNO token economics, with a total amount of KMNO of 10 billion pieces. 100 million pieces, the TGE date is April 30, 2024. KMNO token economics is:
Community and gift funds: 35% (including 7.5% creation distribution);
Liquidity and Library: 10%; 10%;
Core contribution: 20%;
Critical stakeholders and consultants: 35%
- The key data that needs to be followed in the near future
Data show that the 96,000 BTC options are about to expire. The Put Call Ratio is 0.68, with a maximum pain point of $ 61,000, with a nominal value of $ 6.2 billion. The 990,000 ETH options are about to expire. The Put Call Ratio is 0.51, with a maximum pain point of $ 3100, with a nominal value of $ 3.1 billion.
Greeks.live said that the transaction volume of the encryption market has declined significantly this week, Bitcoin and Ethereum lowered, and the market weakness caused the major period IV to decrease significantly. Fluctuations lead to accelerated sales of a large number of options sellers.
Recently, ETF funds have flowed out, and the market emotions are relatively sluggish. Last week, it was mentioned that the giant whale lacked confidence in the market outlook. At present, it has not changed this trend.
- I think this should be shared with you
**Unpopular opinion:**
We have seen a **huge dispersion of returns** this cycle in crypto. Few cryptos have outperformed BTC since Oct 23 cycle low and on a YTD basis. Many market participants have referred to the altcoins market now as a "PVP" market.
Snapshot of the top 20 crypto returns across different periods (190D is cycle low) below from Messari Screener: Notice some have **negative YTD returns** despite BTC hitting ATH!
**But this is healthier and better for the crypto market in the long run.**
We don't need another 2021-like crazy bull run where everything pumps off the roof regardless of their fundamentals *(for lack of better terminology, my definition of fundamentals doesn't just refer to fees/earnings/revenue multiple, etc but includes a lot more other factors that we look at)*.
The high dispersion market situation also significantly rewards better token selection, especially for investing in crypto besides BTC. This creates a much stronger case of active investment management in crypto as the performance between good and bad liquid crypto investors will be even more apparent.
The market has become more efficient thus making it harder now to make generational wealth just by being lucky and I am all for it.
Will this continue? We can obviously have another round of crazy bull markets given a huge number of positive surprises ahead and the structural bull market in crypto. But would we be fine if a 2021-like bull run never happened again?
Yes, and that is actually better for the market in the long term.
- Fighting for the industry's freedom is worthy of respect for people
Consensys filed a lawsuit against the Securities and Exchange Commission.
The goal behind this is to ensure that Ethereum remains a vibrant and indispensable blockchain platform and to preserve access for the countless developers, market participants, and institutions who have a stake in the world’s second largest blockchain.
- The Renaissance is a topic of everyone talking about. Many project parties put themselves under this banner to explain their current behavior. At present, this wave refers to more gathers to Bitcoin ecosystems in funds, consensus, and developers. But maybe we can think more about this wave: What is it? What will it leave?
I think Bitcoin Renaissance is the revival of two basic value claims, one is POW and the other is UTXO. The former is opposite to POS, and the latter and the account model are opposite, while the representative of the POS+Account model is Ethereum. This Bitcoin Renaissance will mean that after 15 years of development in the blockchain industry, it is realizing the return+UTXO route led by Bitcoin to Bitcoin.
- I want to know if anyone is discussing the World of Warcraft games here. Let's talk about my situation first. I have been playing this game since I was a teenager. It has been more than ten years now. I like this game very much.
Of course, my favorite race is the undead and bulls. Because of giving me a different experience, can I find similar players here?
Welcome everyone to express their opinions, let's discuss together
- I think someone should be able to understand what this means
- Is this bonsai reward for all old users ?
- American CFTC commissioner Caroline Pham said that CFTC has recently proposed to KUCOIN allegations that may interfere with its cooperation agencies. The CFTC and the US Department of Justice accused KUCOIN on March 26, 2024 to operate an encrypted asset derivative platform without appropriate authorization. Caroline Pham said that CFTC's approach may violate the power of the SEC and destroy the strong investor protection law for decades, because it confuses a financial instrument with a financial activity and destroys the foundation of the securities market.
It can be seen that supervision has always been a vague attitude
- Safety is always the most important
The founder of Slow Fog, Yu Xian, posted on the X platform that Munchables was attacked, saying that Munchables on the Blast was stolen at 62.5 million US dollars, which was really lost. The investigation by Detective Zachxbt on the chain is because one of their developers is a North Korean hacker. This is the situation that we encountered at least the second DEFI project we encountered. The core developer camouflated for a long time, and won the trust of the entire Team. The timing got started as soon as the time arrived, without mercy. There are many victims, we will follow up closely. Blast ecological project Munchables was attacked and lost about $ 62.3 million.
- The developers of SLERF Memecoin burned the liquidity pool and 500 million token specified to pre -sale participants today. The project has successfully raised more than $ 10 million during the pre -sale period.
On the weekend, the project is one of the many Memecoin based on Solana, which has attracted millions of cryptocurrency enthusiasts through pre -sale activities.
During this period, unknown NFTEF DEKADENTE raised SOL worth more than $ 30 million by pre -sale of Memecoin named Smole. Similarly, another NFT artist named Kero raised more than $ 10 million through their Memecoin Nap.
Cryptocurrency researcher 0xgumshoe revealed that the community has invested approximately $ 100 million in pre -sale of Solana Memecoin.
In addition, Memecoin's boom has promoted Sorana's decentralized transaction volume to reach a record high, and the popularity of Solana blockchain on Google has now exceeded Ethereum.
What is pre -sale?
Generally, pre -sale allows investors to send cryptocurrencies to the specified wallet address to exchange weighted distribution after the issue of the currency. However, participating in pre -sale does not guarantee token distribution.
With the accidental success of The Book of Meme (BOME) tokens, the popularity of pre -sale has soared significantly, and its value has increased significantly by more than 1,000%. This surge has led to a large number of such token transactions on each exchange including Binance.
As of press time, the market value after BOME was completely diluted was about $ 1 billion.
Although the pre -sale model has achieved obvious success, Ethereum expert Anthony Sassano described it as "bidding Ponzi scam".
He said: "People can use their own money to do what they want to do, but it is very stupid to send money to" Memecoin pre -sale "."
Alert
Unfortunately, the uncertainty of the pre -sale method has made it a way to use an unwilling investor.
Cryptocurrency detective Zachxbt on the chain calls on people to pay attention to those "scammers" accounts that take advantage of the community. The data on the chain shows that a account marked by him has raised about 4,935.55 SOL, worth about $ 1 million to purchase Memecoin, which has not yet been released.
- Safety is always the most important
NFPROMPT responds to attack event: user assets are safe, and CEX has contacted CEX frozen hack -related funds
On March 15th, NFPROMPT disclosed its attack on the X platform, and hackers invaded some wallets, including the Wallet of the NFP contract manager, and illegally controlled some of the victim funds such as the NFP database and ecological fund.
1. In response, the team has transferred all the ownership of all smart contracts of NFP to the new address, effectively cutting off the attack vector. The NFP and assets of users on our platform are safe;
2. The Federal Investigation Bureau has been involved in the investigation, and the official calls for the main CEX to freeze any funds related to hackers. Before further notification of this incident, please do not accept NFP from the unbelievable source. The NFP tokens related to hackers will be marked and confiscated.
3. The team has asked its partner CEX to suspend deposits during the investigation. Similarly, it urges DEX to temporarily stop all liquidity pool activities involving the NFP tokens as preventive measures;
4. In addition, the team is in cooperation with the slow fog and ChainaLysis in Web3 security companies to monitor the chain activities of hackers.
- Another player came to the crowded Ethereum L2 battlefield.
On March 11, 2024, the Ethereum L2 solution Eclipse of Ethereum using Solana virtual machine (SVM) announced the completion of a $ 50 million Series A financing, led by Placeholder and Hack VC, making its total funding of $ 65 million.
What innovative functions and highlights can it bring to Ethereum L2? This article briefly describes it.
Eclipse: Standing on the giant's shoulder
Eclipse combines the best part of the modular stack:
Settlement: Ethereum -Eclipse settled on Ethereum (that is, the built -in verification bridge will be located on Ethereum) and use ETH as its GAS token.
Execution: Solana virtual machine (SVM) -Eclipse will run high -performance SVM as its execution environment.
Data usability: CELESTIA — Eclipse published its data to Celestia to achieve scalable data usability (DA).
Proof: RISC ZERO — Eclipse will use RISC ZERO for ZK fraud certificate (not required to serialize the middle state).
Ethereum settlement
The verification bridge of the Eclipse main network on Ethereum will be directly built in Eclipse. The Eclipse node will determine the "standard chain" through this bridge. The bridge forced Eclipse to perform correct sorting. The Eclipse node must also run the complete node of Ethereum. The bridge will verify all Eclipse transactions to prevent invalid state. In addition, it can survive and resist review in certain failures. Even if the sorter fails or starts to review it on L2, users can also force their transactions through the bridge.
Eclipse recognizes the importance of Ethereum native assets, so Eclipse will use ETH as GAS token. The Eclipse main network does not plan to have its own tokens.
Eclipse select solana vm
Virtual machine is a software that can run a program. Specifically, the virtual machine executes the smart contract of the blockchain. Why does Eclipse choose to use solanda VM?
Performance: EVM blockchain, such as Ethereum, only one program is running at any given point, which is called "single thread". Solana virtual machine is a highly parallel Runtime. If there are multiple kernels, multiple programs can be run at the same time, thereby significantly increased throughput.
Safety: Some languages (such as Rust) can prevent many errors that Solidity cannot prevent. For example, Ethereum smart contracts are vulnerable to the so -called re -attack.
Community: Ethereum and Solana popular blockchains have cultivated booming developer communities around EVM and SVM, respectively. Compared with new virtual machines such as Move VM or Fuel VM, this means better tools and developers support.
Easy to use: Solidity and other languages are easier to write code, and not all bytecodes support compile from solidity.
In summary, the eclipse main network transportation line is selected from Solana virtual machine (SVM). However, it can also support the program built by the NEON EVM as the Ethereum virtual machine (EVM). In the future, Eclipse will add other bytecode formats according to the requirements of DAPP. You can even use EVM's existing tools (such as Truffle or Remix) or SVM tools (such as Solana CLI or Seahorse Lang).
Eclipse use Celestia to provide DA
The current bandwidth of Ethereum does not support the target throughput and cost of the Eclipse main network. Even after the EIP-4844 (also known as "Proto-Danksharding"), this is still the case. It provides a Blob space of about 0.375 MB of each block (the limit of each block is about 0.75 MB).
For ERC-20 transfers with basic compression (about 154 bytes per transaction), this is equivalent to about 213 TPS.
For compression exchange (about 400 bytes per transaction), this is equivalent to all ROLLUP for about 82 TPS.
In contrast, Celestia will launch a 2 MB block later. Once enough data availability sampling (DAS) light nodes are launched and the network is stable, Blobspace is expected to increase to 8 MB shortly after starting. DAS light nodes have two key functions:
Users can verify whether the Eclipse block data is available
It helps to securely expand the entire network, because as more DAS light nodes are launched, the DA layer can safely increase its throughput.
Celestia's DAS light node has supported, encrypted economic security attributes, and highly scalable DA throughput from the first day, making it a clear choice for today's Eclipse main network. Eclipse also intends to monitor Ethereum's progress in DA expansion after EIP-4844. If Ethereum provides a larger scale for Eclipse to benefit users, Eclipse will evaluate the possibility of migrating to Ethereum DA.
Fraud proved to use RISC ZERO
Eclipse's main network deploys optimistic Rollup, but is developing zero -knowledge Rollup in parallel.
For optimistic Rollup, the "sorter" sorts the transaction and publishes the generated status with the bounty to the 1st floor of the Ethereum. The "verification" can re -execute the transaction. If there is different opinions on the results, the verifier can challenge the status root through "settlement". If the verification is correct, the reward will be awarded the verification.
Eclipse uses RISC ZERO to create a ZK fraud certificate, without the need to serialize in the middle state.
- Bonkers. What are you waiting for?
Post intentional content.
Set collects to $bonsai.
Do not overcharge.
👉 Profit.
Also invite other creators from the outer world. We rise together.
- What airdrop should I be farming anon?
- Ok finally a housewives meme this is always a sign @lens/paris
- `this week on lens.` @lens/bonsai edition 🌳 40
gm gm ☀️ please share your #lens highlights of calendar week 10 in the comments :-).
`this week on lens` featuring https://hey.xyz/posts/0xc4b8-0x0176 by @lens/notgonnamakeit .
the revenue of this week's post will go to the lucky winner 🥁🥁🥁 @lens/pedrovilela 🥳
thank you so much for sharing your highlights last week 🤍 @lens/pedrovilela @lens/trustmebro @lens/iamtherealyakuza
- choosing inquiry over assumption at every turn will lead to a beautiful life
- Does anyone actually oppose launching on base or is ye too lazy to comment on GitHub?
- @lens/bvdaniel is there a way to make it so if I get mirrors of my mirror that total 1 Million Users (example) I get a bonus?
- The dust on the crust returned to Hokkaido, Japan. The sun is bright during the day, warm and pleasant, but at night, it is bitter. This weather mode causes sad snow, known as the dust on the crust. Under the seemingly beautiful unrelated electric power sector, ice and crispy snow lurking. This is something that hates.
With the acceleration of winter coming in spring, I want to relive the article "Dust on the Cruise" published a year ago. In this article, I proposed how to create a comprehensive supporting legal stable currency method. The existence of the stable currency does not depend on the Tradfi banking system. My idea is to combine the multi -cryptocurrency hedge with the short -term sustainable drop loss of the bearing to create a synthetic legal currency unit. I named it Nakadollar because I imagined that the use of Bitcoin and short -term XBTUSD "sustainable" swelling as a way to create a synthetic US dollar. I promised to support a reliable team at the end of the article, trying to turn this idea into reality.
How big is a year's change. Guy is the founder of Ethena. Before participating in Ethena, Guy worked at a hedge fund worth $ 60 billion and invested in special circumstances such as credit, private equity and real estate. GUY captured garbage coins during the summer of 2020, and never turned back since then. After reading "The Dust on the Crusher", he was inspired and decided to launch his own synthetic dollar. But as all the great entrepreneurs did, he hoped to improve my original thought. He did not use Bitcoin, but created a synthetic US dollar stabilizer using Ethereum.
GUY chooses Ethereum because Ethereum network provides native income. In order to provide security and handling transactions, Ethereum network validators directly pay a small amount of ETH for each block by protocol. This is what I call ETH pledge yield. In addition, because Ethereum is now a shrinking currency, the prices of Ethereum/USD long -term, futures and sustainable drop transactions have continued to be higher than the spot. This is the root cause. Short -term perpetual drop -down holders can get this premium. Combining the actual -owned ETH with a short -term or US dollar loss of the short -term swelling position, creating a high -income synthetic US dollar. As of this week, the pledged Ethena USD (SUSDE) currently has an annual yield of about 50%.
Without a team that can be executed, no matter how good it is, it is meaningless. Guy named his synthetic dollar to Ethena and formed a rock star team to start the protocol quickly and safely. Maelstrom became a founding consultant in May 2023. As a transaction, we received token for token. I have worked with many high -quality teams in the past, and Ethena's staff has completed the task without cutting corners. For 12 months, Ethena's stable currency USDE is only 3 weeks after the main network is online, and its circulation is close to 1 billion (TVL is $ 1 billion; 1 usde = 1 USD).
I believe that Ethena can surpass Tether to become the largest stablecoin. This prophecy takes many years to achieve it. However, I want to explain why Tether is the best and worst stable currency in the cryptocurrency field. It is the best because it may be the most profitable financial intermediary in TRADFI and encryption. This is the worst, because Tether's existence is to make its poor Tradfi bank partners happy. The jealousy of the bank and the problems brought by Tether's guardians of the US Peace Financial System may immediately lead to the end of Tether.
For all misleading Tether Fudesters, I want to say clearly. Tether is not financial fraud, nor did Tether lie to it. In addition, I have the greatest respect for Tether's founders and operators. But forgive me, Ethena will shock Tether.
This article will be divided into two parts. First of all, I will explain why the United States, the U.S. Treasury, and large US banks with political backgrounds want to destroy Tether. Secondly, I want to discuss Ethena in depth. I will briefly outline the construction of Ethena, how it maintains linked to the US dollar, and its risk factors. Finally, I will provide Ethena's valuation model for governing the tokens.
After reading this article, you will understand why I believe that Ethena is the best choice to synthesize the US dollar in the encryption ecosystem.
Note: The legal stable currency supported by the physical support is the tokens that the issuer holds the legal currency in the bank account, namely Tether, Circle, First Digital, etc. Synthetic statutory stable currency is a tokens that the issuer holds cryptocurrencies and uses short -term derivatives for hedging, namely Ethena.
Jealous green
Tether (code: USDT) is the maximum stable currency measured by circulating token. 1 usdt = 1 dollar. USDT is sent between wallets such as Ethereum and other chains. In order to maintain linked, Tether holds $ 1 for USDT in the bank account in the bank account.
Without the US dollar bank account, Tether cannot perform the function of creating USDT, hosting USDT, and redeeming USDT functions.
Creation: Without a bank account, USDT cannot be created because traders cannot send US dollars.
US dollar hosting: Without a bank account, there is no place to hold USDT USD.
USDT's redemption: If there is no bank account, USDT cannot be redeemed because there is no bank account that can send the US dollar to the redemption.
Having a bank account is not enough to ensure success, because not all banks are equal. Thousands of banks around the world can accept US dollar deposits, but only some banks have the main account in the Fed. Any bank that hopes to use the Fed to perform its obligation to perform its obligations as an agency of the US dollar must hold the main account. The Fed reserves a complete free discretion of which bank's main account is granted.
I will quickly explain the operation of the business banking business.
There are 3 banks: A, B and C. Bank A and B are located in two non -US judicial jurisdictions. Bank C is an American bank with a main account. Bank A and B hope to transfer the US dollar in the legal financial system. They each applied for the use of bank C as agents. Bank C evaluates the bank's customer group and approve.
Bank A needs to remit $ 1,000 to Bank B. The capital flow was transferred from the account of bank A in bank C to Bank B's account in bank C in bank C.
Let's change the example a little, add bank D, it is also a US Bank of America with the main account. Bank A uses C Bank as an agency bank, and Bank B uses bank D as an agent bank. What happens when Bank A wants to remit 1,000 US dollars to Bank B? The flow orientation of funds is that bank C transferred $ 1,000 from its account at the Federal Reserve to Bank D's account in the Fed. Bank D finally deposited $ 1,000 into the account of Bank B.
Generally, banks outside the United States use agency banks to call the US dollar globally. This is because once the US dollar flows between different jurisdictions, liquidation must be performed directly through the Fed.
I have been engaged in the cryptocurrency field since 2013, and usually, the banks that you deposit in the Capital Crypto Exchange in the French currency are not a bank registered in the United States, which means that it depends on the Bank of America with the main account to handle fiat currency deposits And withdrawal. These smaller non -American banks desire for deposits and bank cryptocurrency companies because they can charge high costs and do not need to pay any fees for deposits. Globally, banks usually urgently need cheap US dollar financing because the US dollar is global reserve currency. However, these small foreign banks must interact with their agent banks to handle the US dollar access business outside their residence. Although the proxy bank tolerates these fiat currencies related to the encryption business, no matter what reason, sometimes some crypto customers will be removed from smaller banks at the request of agency banks. If small -scale banks do not comply with regulations, they will lose the relationship between agency banking and the ability to transfer the US dollar internationally. A bank that lost the ability to transfer the dollar is equivalent to walking dead. Therefore, if the agency bank requires, small banks will always give up cryptocurrency customers.
When we analyze the strength of Tether's bank partners, this agent bank is essential.
Tether Bank partners: Britannia Bank & Trust, Cantor Fitzgerald, Capital Union, ANSBACHER, Deltec Bank and Trust.
Among the five banks listed, only CANTOR FITZGERALD is a bank registered in the United States. However, none of these five banks did not have the Fed's main account. Cantor Fitzgerald is a first -level dealer to help the Fed in implementing open market operations, such as buying and selling bonds. Tether's ability to transfer and hold the US dollar depends entirely on the rise of the immortal agency bank. Considering the scale of Tether's US Treasury investment portfolio, I think that their cooperation with Cantor is essential to continue entering the market.
If the CEO of these banking industry fails to obtain Tether's equity in exchange for bank services, they are fools. When I introduce each employee income index of Tether later, you will understand the reason.
This is why Tether's bank partners perform poorly. Next, I want to explain why the Fed's business model does not like Tether's business model, and why fundamentally has nothing to do with cryptocurrencies, and it is related to the operation of the US dollar currency market.
Full Reserve Bank
From the perspective of Tradfi, Tether is a completely reserved bank, also known as Narrow Bank. Fully reserved banks absorb deposits without lending it. The only service it provides is to remit money back and forth. Because the storage households do not face any risks, it almost does not pay the deposit interest. If all storage households are required to refund at the same time, the bank can immediately meet this requirement. Therefore, this name -completely reserves. In sharp contrast to some reserve banks, the bank's loan scale is greater than the foundation of deposit. If all the storage households ask for funds from a part of the bank at the same time, the bank will go bankrupt. Part of the reserve bank pays interest to attract deposits, but the reserves are risky.
Tether is essentially a US dollar bank that provides US dollar trading services driven by public chain. No loan, no funny things.
- Bonsaiiii 🌳
- @bonsai in my Lens bio started as a joke.... because a friend of mine once put *"early GME investor"* in her twitter bio because she had put into gamestop before the craziness thinking it was an actually solid business 😆
Fact is crazier than fiction.
Inspired from an indirect web2 memecoin.
- Don't forget to turn your tips when posting on @lens/hey
Just tipped 50 matic this is informative content I wouldnt otherwise have found.
- This is the way!
- Seen some quality shitposting recently on Lens, bullish
- A beautiful day starts with a good mood, With another new change, this is exciting
This is why everyone will get together here. There is no advertisement, no fraud, I hope everyone has a beautiful day.
- A beautiful day starts with a good mood, With another new change, this is exciting
This is why everyone will get together here. There is no advertisement, no fraud, I hope everyone has a beautiful day.