Lululu噜噜

Do you still dare to use Ledger hardware wallet? 😳

According to BBG, Ledger co-founder David Balland was kidnapped and then released. This is terrible news for us Ledger users.

It is well known that Ledger's security chip is not completely open source. Is the kidnapper just trying to rob Bitcoin, or is it more terrible that he has obtained more core information about ledger?

As a Ledger user, it is strongly recommended:

1. Make the security chip, firmware, and ledger live app completely open source. 🧑‍💻

2. Provide more transparency about manufacturing and supply chain. 🏭 I believe that after the Lebanese BB machine explosion, everyone is panicking about the supply chain security of electronic devices.
#Web3#wallet#hardwarewallet#coldwallet#Solana#ETH #bitcoin

🤏Keep supporting the President's wife little by little
#Trump#MELANIA#Solana#Meme#Solanameme#SOL

Let's talk about the intention of Trump's WLFI project

I probably thought about why the Trump family wanted to do the WLFI project? Just talking about it

In fact, Trump's ambition is also written very directly in the slogan of this project: Financial Revolution/Removing the shackles of traditional finance/Taking back the rights

If the Trump family Defi project is really done, it can theoretically compete with the old bank families and the existing Wall Street capital groups.

Modern banking business is nothing more than these:

1. Savings/borrowing/payment (Borrow/Lending/Payment)

2. Asset issuance (stocks/bonds/ABS, etc.) + sales transactions + (stocks, bonds, foreign exchange, commodities and related complex derivatives, margin trading, etc.) + custody (Custodian)

3. Asset management (issuing public funds, ETFs, pension plans) + wealth management/private banks)

All of the above can be done on the chain through the Defi protocol.

In fact, we can imagine the combination of Ethereum + existing Defi projects as a big bank.

At present, there are various smart contract protocols to realize staking, borrowing and lending, transaction execution and liquidity acquisition (decentralized exchange DEX),

Next, Trump will further promote the tokenization of real-world assets (RWA Tokenization), and then he can complete the asset issuance work on the chain. It's like creating a new investment bank like Goldman Sachs and Morgan Stanley.

Think about it, when you mention international financial families in the future, in addition to Morgan, Rothschild, Rockefeller, Mellon, etc., add another name: Trump.
#Web3#Investment Bank#ETH#SOL#Trump#WLFI#Bank#Trump#Musk#Goldman Sachs

Trump: Protect our Tether and Circle😜

#USDT #USDC #稳定币 #CBDC

🤪 Recently thinking about the possibility of a future crypto wallet based on smart contracts, for example, one that could have a trust-like inheritance mechanism. Assume the following scenario:

🔑1. A wallet has 5 private keys.

✌️2. While I am alive, only the private key in my possession is valid.

😮‍💨3. After my death, the system automatically activates the remaining 4 private keys, or distributes the assets to 4 designated addresses according to a preset ratio.

It feels like there is still a long way to go in terms of supporting aspects:
🔒• Flexibility and security of the contract;
📺• Oracles, ensuring the authenticity of triggering conditions;
📕• Integration with real-world assets (RWA), especially identity verification and legal validity;
⛏️• Infrastructure support, such as on-chain identity, decentralized trust networks, etc.

Headache 🤯

#钱包 #智能合约 #wallet