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BREAKING: ๐บ๐ธ SEC Chair Paul Atkins will deliver a major speech tomorrow.
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๐จ U.S. treasury just injected $12.5 billion into the system, biggest ever in history. FED rate cut is coming next week. New Bullish FED chair is announced. US and japan stimulus checks confirmed. It doesnโt get more bullish than this.
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BREAKING: ๐บ๐ธ๐จ๐ณU.S. Halts Planned Sanctions on China and will no longer impose new export controls. Bullish for the markets ๐
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what's the lore behind FUSAKA UPGRADE ๐งต understand this before sending eth to $10K FUSAKA = Fulu + Osaka fulu: consensus layer upgrade osaka : execution layer upgrade we've got the name FUSAKA but what's behind this FUSAKA ๐ FUSAKA is hard fork of Ethereum network with the aim to improve network scalability and reduce L2 costs. but what is Hard Fork ? hard fork = upgrade same like when you update your mobile phone: you get new features but if you donโt update then your phone still works. on the other hand a hard fork is slightly different: it changes the rules. everyone on the network must upgrade to follow the new rules otherwise you can't use the network. FUSAKA main features is PeerDAS but how it will benefit Ethereum ? earlier every Ethereum node had to download and store the full L2 blob data. but now nodes only need to sample small portions of each blob to verify its availability. means less data taken then more scale > less cost > more speed > more individual can run nodes > good for decentralisation but what is Blob khan bhai ? understand blob as box containing hundreds or thousands of transactions bundled together. earlier eth node were storing full box but now a portion of box is enough means it will take less storage and more benefits as explained above. Anything else ? yes this upgrade will increase block gas limit. means more transactions per block โ higher TPS โ lower congestion โ lower fees. isn't it cool and good for Ethereum Ecosystem future ! if we talk about price action then ETH community liked this upgrade I guess as ETH is 20% up in last few days. still i would say fundamentally it will make ETH better but short term price generally react on speculation rather than fundamental. this is why it's important to understand basic PA. That's it for FUSAKA UPGRADE. hope you've learnt something appreciate your feedback on this piece of writing ๐ซ
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BREAKING: ๐บ๐ธ Tom Leeโs BitMine has just bought $150 million worth of Ethereum.
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BIG BREAKING ๐จ RIPPLE CEO BRAD GARLINGHOUSE SAYS #BITCOIN COULD ROCKET TO $180,000 NEXT YEAR โ REVEALED AT BINANCE BLOCKCHAIN WEEK. BULLISHH ๐
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