dino

Between 2015 and 2017, Bitcoin experienced an internal conflict known as the “block size war.” This was a key conflict in Bitcoin’s history, with both sides arguing over what they believed to be the correct scaling strategy for the Bitcoin network to ensure it could meet growing demand over time. The two factions in this debate were known as big blockers and small blockers. Big blockers advocated for increasing the original size of Bitcoin blocks from 1MB to 8MB. This would increase Bitcoin transaction throughput by eight times while reducing transaction costs. Small blockers advocated for keeping the block size unchanged, arguing that increasing the block size would jeopardize Bitcoin’s decentralization because it would make the Bitcoin blockchain more difficult for regular users to run and verify. Small blockers ultimately proposed an alternative path called Segregated Witness (SegWit), which would optimize the number of transactions that could fit into a block rather than directly increasing the block size. Segregated Witness would also open the door to scaling solutions outside of the core Bitcoin protocol, known as Layer 2 scaling. To better support these views, small blockers wanted to scale in two ways:

With the constant changes of the "atypical bear market", the "halving" narrative that has never faded in the crypto world has arrived. On April 20, 2024, the block reward will be reduced from 6.25 BTC to 3.125 BTC. Everything in the past is a prologue. As one of the most important narratives in the crypto industry, "Bitcoin halving" has always been a good medicine to boost market confidence. Now that the bull market seems to be within reach, will this round of halving cycle follow the same rhyme as before?

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The historical cycle of halving is a grand event for the crypto industry. In particular, the first two halving cycles of Bitcoin have seen an astonishing increase of dozens of times (in the short term, after the two halvings, both There was a short-term decline as the profits were exhausted, but then the adjustment was completed and a long-term rise emerged). However, starting from the third halving in 2020, as the number of industry practitioners, market attention and the improvement of supporting infrastructure have all improved significantly than before, Bitcoin is no longer a niche product limited to geek circles. linkage with more external factors. Briefly summarized: before the first two halvings (2012, 50BTC to 25BTC; 2016, 25BTC to 12.5BTC), geeks in the circle were more concerned about the possibility of Bitcoin as electronic cash; the third halving (2020, 12.5BTC to 6.25BTC) During the cycle, the focus on Bitcoin shifted to its attributes as a payment tool, which also triggered a series of debates (the subsequent BCH fork was almost the top trend in the circle); and In the fourth halving cycle (2024, 6.25 BTC to 3.125 BTC), with the approval of the application for Bitcoin spot ETF, Bitcoin has become an alternative asset, and focusing on traditional institutions and capital layout has begun to become the main theme; so compared After the first two halvings, the popularity of Bitcoin’s third halving was also unprecedented. At the same time, the overall political and economic environment of the world during Bitcoin’s third halving also affected its performance:

#币安合约锦标赛
I saw many people posting today saying that #avav and #dino were trapped. The funniest thing is that a buddy said that he was trapped, so he bought some pull pans to relieve the traps. Haha, this is the first time I heard that there is a self pull pan. Get rid of this kind of operation!

Fortunately, two days ago, I played dozens of avav and dino at a higher point. I was very confused at that time. People around me were saying that I was going to the CEX office soon, and I was worried that I would sell out again. Now I see Or is it true that "sell and make money"?
I can only say #铭文 If a giant whale comes to the market, it is not difficult to achieve a market value of billions of dollars. Liquidity is limited, and it is too easy to pull the market. So when there is market heat, just pull the market a little, and the consensus group will hold it together, and the heat will be Once you get up, go to a centralized exchange and ship them together. Only then can you achieve success. Otherwise, it would be very difficult to ship a large amount of goods just by relying on the Mingwen market. It is quite difficult for large traders to ship goods in this market, because you have to find a large trader with the same purchasing power as you to pick up the order. Which big trader places an order will be picked out immediately in the group. Start rolling the floor.

If we ask which public chain ecosystem has been the most eye-catching since last year, I believe Solana must be the choice with the highest consensus: whether it is price/market value, ecological narrative, Meme, or DeFi, NFT, DePIN and other tracks, all directions are thriving, leaving new public chains such as Avalanche and NEAR far behind, and becoming an almost discontinued existence among smart contract public chains except Ethereum. In the final analysis, in 6 months, from US$20 to US$200, the market value returned to US$80 billion. In addition to the impact of the FTX bankruptcy incident that quickly advanced to the end, as a model for post-disaster reconstruction, some new variables behind Solana are also particularly worthy of attention. Especially since the beginning of this year, the new generation of Meme top streamers such as SILLY, DRAGON, WIF, BOME, and SLERF have begun to show a visible trend of shifting from Ethereum to Solana, which is enough to show that Solana has indeed taken a completely different step in terms of on-chain ecology and community traffic.

This year is the half-yearly decrease in Bitcoin price as part of the four-year cycle of the crypto market, but most people do not seem to be very happy, and some may be at a loss. People who are used to "looking for a sword by carving a mark on a boat" find that this bull market is obviously "not in line with expectations". As the market fluctuates and even remains sluggish, some people begin to feel a sense of frustration like "waiting for a rabbit by a tree", and are uneasy about the question of "is the bull still there?"

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Why is this bull market so different? In the past 10 years, the crypto market has experienced four bull-bear cycles, including the current one. This bull market seems to be very different from the previous ones. People who have experienced the previous three bull markets should not find it difficult to find the clues after careful analysis: 1) Differences and similarities between the previous three bull-bear cycles a. Similarities

In the past year, have you encountered a Rug Pull project? Have you encountered the "buy-in peak" due to the advocacy of KOLs? Or suffered losses caused by increasingly rampant phishing attacks? Or have you bought a newly launched token on a leading platform and it has been falling all the way? It is estimated that many users are sympathetic and have been hit by at least one of these scenarios. It can be said that this should be a reflection of the investment experience and true state of mind of most ordinary investors in the past period of time: whether it is on-chain security issues or asset shrinkage issues, it is hard for users to guard against it. Many pitfalls that were commonplace before have even begun to be industrialized. To put it bluntly, even the "leek roots" have been uprooted.