I was so shocked when I saw this news this morning—Vitalik is actually going to scrap Ethereum's foundation, the EVM!
This is like tearing down a foundation that has been in use for ten years; the entire crypto world might turn upside down.
Most of these messy coins out there are living off this underlying system called EVM. When Ethereum created this virtual machine, it was like installing an engine for the blockchain world, which led to DeFi, NFTs, and other fancy stuff. Now, it seems like ETH wants to replace this engine with some new ZK-RISC thing, which means they're going to rewrite the underlying code using more efficient and private technology.
If they really pull this off, the coins we hold might experience a massive earthquake. With $31 billion locked on-chain, if something goes wrong during the migration, it could lead to a chain reaction of explosions. I was browsing the developer forum last night, and some programmers were already cursing, saying it's like changing the engine on a flying airplane; one small mistake could lead to disaster.
However, if you ask me, if this risky move works out, Ethereum might achieve legendary status. ZK technology can make transaction speeds 300 times faster and allow for private smart contracts. At that point, competitors like Solana and Polygon might find themselves being crushed.
But if things go wrong... haha, the crypto world might once again be flooded with blood, and a wave of project teams running away would be unstoppable. For now, we can only pray and hope that Vitalik doesn't treat us retail investors as guinea pigs.
The crypto world is full of opportunities and risks; staying alert and finding the right timing is key. I also discovered a short-term project that has huge potential for a price surge! If you want to keep up, click on my avatar to follow me for free sharing!
Oh no! I finally understand why Zhao Changpeng said that future exchanges should not audit any tokens and should aim to create decentralized exchanges! Today there was a major incident that many people in the crypto community are likely aware of, where a certain platform's market maker set the sell price at 0.15 and the buy price at 0.13! Retail investors discovered this and went crazy trying to counter it, causing the trading volume of this token to reach 10 billion. Afterward, the platform froze all users who had traded this token, and if everyone could withdraw, the total loss would be around 1 billion. With such a large amount of capital, is the market maker acting as a market maker or is the platform itself? Only today did I understand why Zhao Changpeng previously said platforms should not participate in token audits; I even thought he was being irresponsible. Now I realize that Zhao Changpeng was right. We purchased tokens because of decentralization, yet we are still trading on centralized exchanges and expecting them to be responsible for auditing decentralized items! This is very contradictory. We believe that every individual has good character, but the power of interests is immense; it can corrupt an individual, but it cannot corrupt a group. In the future, I will only hold BNB and the tokens of decentralized exchanges as a sign of respect. $VOXEL
The stick's divine plate, short selling has lost money
Crypto白丁
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[My opinion on IP] The project owner is a bad operator
When $IP was launched, I provided information to my fans: the airdrop was a counter-money move, and the project owner had a lot of chips.
My context clearly does not recommend shorting at the opening. Because you don’t know whether the project owner will directly sell the stocks without protecting the market, or pull up the price to burst the shorts.
Why leave your fate to luck?
The project owner of IP controls a lot of chips, and then no one buys VC coins when it goes online. The only point of the airdrop is that the price is relatively weak when it goes online, so it is also thrown away.
Now the price of IP has been pulled up to 3.5U, which basically belongs to the self-pulling to attract leeks to get on the train and then distribute the goods
"Chips can only be distributed when they are rising", please remember this sentence.
There is no need to chase high IP now. When more KOLs mention it, find an emotional point and short at a low multiple.
You don’t think the project owner is really here to make you money, right? It’s to make you fall into the trap
"Mining for six years, only to return to zero overnight?" Is everyone saying Pi is the future? But I haven't even passed KYC yet.
Today is the 20th, the official launch of the mainnet, and tens of millions of users are holding on to the dream of a grassroots uprising in the crypto world, ready to welcome the dawn of financial freedom? KYC has become the biggest obstacle; let's discuss the mainnet after passing the identity verification. If we say that Pi Network's "mobile mining" in the past few years was a nationwide carnival, then KYC (real-name verification) is the final checkpoint to filter out the 'true pioneers'—and it's a tough checkpoint to clear.
Slow verification, difficult auditing: Users submit their ID documents, and customer service only leaves a message saying, "Please be patient." Some joke: "Pi's vision is to build a 'fair and open' payment network, but now it doesn't even want me to pass KYC.
A large number of pioneers are kept out: Some users are turned away due to mismatched ID information, regional restrictions, and other reasons, unable to even touch the threshold to access the mainnet. For these people, Pi Network is still just a 'virtual currency'—existing on their phones but unable to be redeemed. The mainnet isn't closed off; it's just that 'the mainnet doesn't include me.'
Exchange barriers: Pi coin can be listed but not exchanged. With the mainnet launch, exchanges are naturally one of the most concerning aspects for users, after all—being able to sell and realize value is the ultimate goal in the crypto world! However, the reality is: Pi coin is listed on exchanges, but not all users can trade freely. Can KYC proceed smoothly so that more users can access the mainnet?
Will exchange support be comprehensive, allowing for free trading? Can Pi coin truly enable payments, rather than just spinning in the 'internal ecosystem'?
Currently, the future of Pi Network remains uncertain. If these issues cannot be resolved, Pi coin may indeed just be 'numbers on a mobile phone,' rather than a cryptocurrency that changes the world. Some say: "The success of Pi coin is no longer a technical issue, but a matter of faith." Do you still believe?
@polkadot Compared to any other blockchain architecture, jam is a completely new blockchain architecture. In this new architecture, smart contracts on polkadot (i.e., within jam services) are fluid. Fluid means that smart contracts are no longer locked into a specific blockchain or rollup. This means that smart contracts that were once stuck on moonbeam and those that were once stuck on astar can now interact and communicate instantly as needed. Upgrading polkadot with jam means that polkadot will no longer have separate parachains, blockchains, or rollups.
Let's take a look at Polkadot's decentralization and performance.
Crypto飞哥
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Discuss the practical differences between the SOL chain and the ETH chain
The differences between the Sol chain and the Ether chain have been a hot topic recently, so let’s briefly chat about it.
First, let's compare the Sol chain with Bitcoin.
The Sol chain has maximum practicality but almost zero decentralization; whereas Bitcoin is the pinnacle of decentralization, but if we talk about practicality... those who have played with inscriptions should understand, it is basically unusable.
Now, let’s look at Ethereum.
It takes a middle ground between decentralization and practicality, with each occupying half. Some people feel that Ethereum is neither as fast as Sol nor as decentralized as Bitcoin, concluding that it is “not good.” But this perspective is actually too one-sided.
Why do I say that? • During peaceful periods on the chain, everyone values practicality more, which makes Sol quite appealing, that’s normal. • However, once the market becomes turbulent, Ethereum's advantage in decentralization becomes apparent. With the development of the Layer 2 ecosystem, Ethereum's shortcomings in performance and transaction speed are also being continuously optimized.
More importantly, the crypto industry is still in its early stages, and the future direction is uncertain.
Currently, the most core conflict is “decentralization vs regulation.” In such an environment, Ethereum’s choice to “grasp both hands” ensures a certain degree of decentralization while gradually improving practicality, and this strategy has no issues; it may even be a more prudent choice.
Title: Why You Should Consider Investing in Polkadot (DOT) In the cryptocurrency market, Polkadot (DOT) is an emerging name that has garnered the attention of many investors. As a platform aimed at achieving blockchain interoperability, Polkadot offers various features that are of interest to investors. This article will explore several key reasons to invest in Polkadot. 1. Blockchain Interoperability and Scalability The core goal of Polkadot is to address the lack of interoperability between existing blockchain systems. It allows seamless transfer of data and assets between different blockchains through a main chain called the 'Relay Chain' and multiple parallel chains (Parachains). This design not only enhances the connectivity of blockchain networks but also significantly improves scalability. 2. Developed by Blockchain Experts Polkadot was co-founded by Gavin Wood, a co-founder of Ethereum, who brings a deep technical background and community trust to the project. Additionally, the project team includes several pioneers and developers in the blockchain field, whose experience and vision provide a solid foundation for Polkadot's technological development. 3. Strong Community and Governance Mechanism Polkadot enables DOT holders to directly participate in the network's decision-making process through its groundbreaking governance model - Polkadot OpenGov. This governance approach not only enhances community trust and engagement. 4. Diverse Ecosystem Polkadot's ecosystem has attracted a large number of developers and projects. Projects can become part of the Polkadot network, which not only provides numerous investment and staking opportunities for DOT holders but also promotes the diversity and vibrancy of the Polkadot ecosystem. 5. Market Performance and Investment Potential Although the cryptocurrency market is highly volatile, Polkadot's market performance has consistently drawn attention. As more projects and funds flow into the Polkadot ecosystem, the value of DOT is steadily increasing. For long-term investors, Polkadot offers an opportunity to diversify their investment portfolio in the cryptocurrency market. 6. Technological Innovation and Future Development Polkadot continuously introduces new features and upgrades, such as cross-chain messaging and higher transaction processing capacity. These technological innovations not only enhance the efficiency of the network but also strengthen its position at the forefront of blockchain technology.
Your information is outdated, check my homepage to truly understand Polkadot
我是中本聪Satoshi Nakamoto
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Brother, DOT, if you don't know, then you really haven't completed the essential course for big players in the crypto world! This coin is definitely my favorite, the technological ceiling in blockchain. Have you heard of parachains? DOT plays them like a master; it's not just a coin, it's an ecosystem, it's the future! To tell you the truth, when I bought DOT, it hadn't exploded into what it is today. I bought some with a 'let's give it a try' attitude, and guess what? In less than a year, the price multiplied several times! That feeling of exhilaration is even better than winning the lottery! It's like a star firmly standing on the main stage; every time a new project is launched in the DOT ecosystem, my holdings skyrocket. How does that feel? One word: worth it! Why do I say it's amazing? Have you heard of parachain slot auctions? This is a game-changing operation. DOT has attracted countless excellent projects to play in its ecosystem with this method, and the entire market's attention and funds are revolving around it. A parachain is like a gateway to a brand new field; why are you still looking at other 'sham coins'? Don't listen to those naysayers saying 'the technology is too complex to understand'; is there anything in blockchain that is simply able to overturn the world? Looking at DOT now is seizing the future in advance. It doesn't matter if you don't understand the project; you just need to believe this: the big players are all buying, funds are flowing into the DOT ecosystem, and that's the signal! Hurry up and take action, brother! This isn't just buying a coin; it's directly participating in the future Web3 revolution! If you hesitate, the regret you feel when you see it take off will completely crush you on the shore. DOT— a benchmark for true technology and solid value trends; if you don't seize it, just wait for regret!
#polkadot2.0 # Many new projects are under construction, and one project has been under construction for 3 years. Next year, it will emerge from its cocoon, striving to become the vision of the first billion web3 users! This project is very cool 🔜 Internets Network @internetsnet !
The vision of a decentralized internet — "the network of networks".
Today, web3 projects must choose to deploy on specific networks or multi-chain networks and adapt to their technology.
This limits the further expansion of applications and projects and creates liquidity issues.
This gives a headache to the normies of Web2, as they find it hard to run different applications across multiple chains. They need an environment as smooth as the internet they know today.
✅ The solution is an environment that shares primitives with all other blockchain networks!
Internets Network will extract all primitives from major networks, such as transaction formats, consensus algorithms, data structures, etc., to provide interoperable cross-chain solutions for application developers to build, manage, and deploy.
No more limitations.
- Applications will be able to do anything 👇 Buy NFTs on Eth, store on Polkadot, and sell on BNB chain. - Applications will run on all chains.
Internets Network V1 will be deployed on Polkadot in Q1 2025 The Metagraph module will be a map connecting different chains, while the Compose module will actually add new primitives.
V2 will also implement inter-chain messaging and data exchange.
In the future, it will learn by itself how to best achieve this and suggest the best ways for users to interact.
Show ordinary people the cheapest, fastest, and simplest ways to interact with specific applications.
This sounds great, what do you think? 😁 Official announcement coming soon!
The#Polkadotecosystem is growing fast, with good news coming every day🗞️ 1. The Road Ahead: What’s next for the LAOS Network in 2025? Here are the next steps we’re building to take blockchain innovation to the next level:
🔥Bitcoin NFTs: Extending bridgeless minting to Bitcoin, enabling decentralized ordinals.
⚡ 8x increase in throughput: Faster transactions with asynchronous support.
🌐 Polkadot ecosystem integration: Seamless XCM transfers and DEX support within the Polkadot ecosystem.
🤝Handleless governance: Simplify governance participation with Polkassembly.
🎮Simplify game development: Sequence integration makes it easier than ever for developers to use LAOS technology.
Polkadot 2 has arrived, taking the Polkadot revolution to new heights with transformative upgrades, best-in-class features, and a bold, fearless vision.
Let’s take a quick look at what’s reshaping the ecosystem:
🔄Async Support: Block times halved to 6 seconds, with 10x increase in transaction capacity compared to Polkadot 1. Faster, Cheaper, Better!
🕒Agile Core Time: Say goodbye to the old crowdfunding model. Polkadot 2 introduces flexible and permissionless core time purchases, opening up new opportunities for managed blockchains.
⚡ Polkadot Hub: The core of the ecosystem is now rejuvenated with ultra-fast smart contracts and full Ethereum compatibility. Enjoy three times the throughput, negligible latency, and an uninterrupted user experience.
💡Future Vision: Learn about JAM Protocol — Polkadot plans to be the ultimate decentralized Web3 supercomputer. Breakthrough innovations such as low-latency transactions and massive payment systems are expected by 2025.
👏Proof of Personhood: A revolutionary way to generate secure digital identities in the AI era, seamlessly combining privacy with decentralization.
Polkadot is more than just a blockchain. It represents a vision for a decentralized, secure, and democratic internet.
#PHA# 📈 5x in a week People are starting to pay attention to what the PHA project is, and what the logic behind its rise is. The Phala project is the first phase parallel chain project of Polkadot, a star project of the bull market in 2021, aimed at becoming the privacy protection infrastructure of Web 3.0. It is developed based on Substrate and achieves confidential smart contracts through TEE blockchain architecture, providing privacy computing services for the Polkadot ecosystem. Phala is the privacy computing infrastructure of Polkadot. PhalaNetwork is the privacy computing parallel chain on Polkadot, based on a PoW-like economic incentive model. Phala releases countless CPU privacy computing power and applies it to Polkadot's parallel chains, thus serving other applications on Polkadot such as DeFi and data services. Applications based on Phala, such as pLibra and Web3 Analytics, have already received grants from the Web3 Foundation. PHA is the native functional token of the platform and has the following use cases: Trusted computing resources: Use PHA tokens to purchase trusted computing resources in network and data exchange (e.g., trusted computing capacity, on-chain computing and storage resources, and off-chain storage). Data exchange fees: Phala provides a contract-based data exchange infrastructure for standardizing data collection, analysis, and trading protocols. Using Phala's protocol, a confidential yet trustworthy trading ecosystem has been established for buyers and sellers.
Security guarantee: Gatekeepers must stake a certain amount of PHA tokens, which may be penalized for misconduct. Governance: Holders of a certain amount of PHA can join PhalaDAO to participate in community governance. The Polkadot ecosystem project Phala Network has keenly grasped the opportunity for AI development this time, actively integrating deeply with the AI field. By utilizing AI agent contracts, it strikes a good balance between security and efficiency while providing computing solutions for AI, meeting the current urgent needs for privacy protection and sufficient computing power in AI.