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yezhang1998
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Both Matter labs and
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yezhang1998
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(not so) hot take: Traditional payment companies don’t actually want irreversible instant finality. What they need is fast, controllable pre-confirmation. Legacy systems rely on layers like SWIFT, correspondent banks, and clearing houses to handle compliance, fraud checks, and settlement. The delays are intentional. Crypto’s real value is removing many of those middlemen, but not all. To onboard institutions at scale, we need compliant, auditable, and faster infrastructure without forcing everything fully onchain from day one.
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One super interesting take from a conversation with @drakefjustin: Bitcoin’s security model will be broken in 10 years. ETH will be the only money left — ultrasound, credibly neutral, decentralized, and economically sound. Here’s a deeper dive into why Bitcoin’s model might not hold up: > Bitcoin relies on miners for security. Today, miners are paid through a block subsidy (newly minted BTC) and transaction fees. The subsidy is the dominant component, accounting for more than 90% of miner revenue. > But every four years, the subsidy is cut in half. This means Bitcoin’s native inflation, which effectively funds its security, declines exponentially. Eventually, the network will rely entirely on transaction fees to incentivize miners. There is no guarantee that fees alone will be enough to maintain adequate security. > Some argue that BTC's price will increase and make up for the lost subsidy. But if you run the numbers, the flaw becomes obvious. As the price of BTC rises, the value that miners are securing also rises, often by a much larger factor. So you're effectively paying less and less to secure more and more value. This isn’t FUD. It’s a real, long-term economic question baked into the protocol’s design. Hard to imagine what crypto will look like in 10 years. But one thing feels increasingly likely: The ticker is ETH. 🦇🔊
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One super interesting take from a conversation with @drakefjustin: Bitcoin’s security model will be broken in 10 years. ETH will be the only money left — ultrasound, credibly neutral, decentralized, and economically sound. Here’s a deeper dive into why Bitcoin’s model might not hold up: > Bitcoin relies on miners for security. Today, miners are paid through a block subsidy (newly minted BTC) and transaction fees. The subsidy is the dominant component, accounting for more than 90% of miner revenue. > But every four years, the subsidy is cut in half. This means Bitcoin’s native inflation, which effectively funds its security, declines exponentially. Eventually, the network will rely entirely on transaction fees to incentivize miners. There is no guarantee that fees alone will be enough to maintain adequate security. > Some argue that BTC's price will increase and make up for the lost subsidy. But if you run the numbers, the flaw becomes obvious. As the price of BTC rises, the value that miners are securing also rises, often by a much larger factor. So you're effectively paying less and less to secure more and more value. This isn’t FUD. It’s a real, long-term economic question baked into the protocol’s design. Hard to imagine what crypto will look like in 10 years. But one thing feels increasingly likely: The ticker is ETH. 🦇🔊
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说起来刚开始搞scroll的时候也是22岁,是我刚毕业的第一份正经事业 真的是时光荏苒 不知不觉已经四年了 一路踩了不少坑,学到很多东西,未来的路也还长,要持续学习,持续build 哦,再之前本科还在conflux实习过,0.8抄底了cfx🥹能找主任维权么@forgivenever
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我以前以为大家说的山寨币,是种特别假,特别离谱,特别土狗,完全草台班子,可能随时rug的那种币 现在我突然意识到,大家的意思是,BTC和ETH以外的所有币,都是山寨币🤦♂️
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