I feel relieved to see that Vitalik is working on improving the unified experience of L1 and L2. $ETH is far from dead.
Moreover, as @Yuxian emphasized, the fact that it has been running for 8 years without downtime is already amazing. Those who understand technology know how deep the door is.
V God promotes the Chinese Ethereum project ETHPanda
respect 🫡
Chinese people are definitely the backbone of cryptocurrency, and I don't look up to any project that looks down on Chinese people and the Chinese-speaking community.
#BreakingNews Vietnam officially releases national blockchain strategy
They are all calling for the fourth industrial revolution, and Vietnam is really trying hard this time. It is indeed easy for a small country to turn around.
#Japan Convenience Store Japan 711 for less than 10 yuan (based on the current exchange rate, 7 yuan) you can drink Guatemalan coffee beans, they truly value quality.
The leeks are miserable: I just suffered a heavy loss from the theft of Radiant, and then I saw a tweet and went to a fake deauthorization website and was stolen again.
Safety is really not only about awareness, but also about ability.
If you haven’t participated in the Radiant project before, you may not know that 50 million TVL was stolen out of a total of 70 million TVL. It’s really miserable for the DeFi users who participated! . .
I have told my friends more than once: DeFi is actually a project with a low risk-return ratio. If you must participate, you have to invest more than 50% of your energy in security.
Those who care about $ETH can read this Chinese interview with Vitalik
1/ Don’t underestimate Vitalik. Even though he cares about some unimportant directions, he is young and capable, and still cares about Ethereum. This month he wrote 3 blog posts about the future of Ethereum (vitalik.eth.limo)
2/ Don’t underestimate Ethereum. Its ecological advantages are enough to support it for a few years. If we work hard to make the unified experience of L2, it will take off
3/ Investing is not gambling. Don’t bet on individuals or projects. Analyze the fundamentals and then configure. It’s good to hold $ETH and $SOL in the smart contract field
4/ I like Vitalik’s humor. He introduced himself right away: I am a Dogecoin holder @Doge Coin
#Internet Financial System Christopher Waller, a member of the Federal Reserve, said: DeFi can supplement the traditional financial system
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Decentralization has never been 100% absolute, and combining with traditional finance is not a regression, but a return to the real world.
Just like the Internet back then, it claimed to remove various intermediaries, and eventually one Internet giant after another became the largest intermediary. But there is no need to be disappointed, because the Internet has exponentially improved the efficiency of information dissemination and made the world a better place.
The same is true for blockchain: although it is impossible to be 100% decentralized, this technology has exponentially improved the efficiency of finance and also made the world a better place. That's enough.
This method of tampering with the front-end display is a bit tricky.
Once again, it is explained that security is based on the lower limit of the soft ribs, which is similar to the principle of the wooden barrel. If the front-end tampering is combined with some sociological attacks, multi-signature and hardware wallets will be useless.
Once again, remind you: if the amount of funds in cryptocurrency is large, or even if the absolute value is not high but the proportion of funds to your total assets is high (you cannot accept losing), you must be willing to spend money and time on security, otherwise you will spend more money and more time sooner or later.
Bloomberg Crypto Channel: Banks are interested in blockchain technology because it can "tokenize" traditional assets such as stocks and treasury bonds, making their transactions faster and cheaper.
The cryptocurrency industry is already awesome as long as it can achieve "better finance".
#SafetyFirst The protocol project with thick eyebrows and big eyes has done a 3/11 multi-signature, and its security awareness is not as good as that of DeFi big players! . .
The choice of multi-signature N and M is always a trade-off between security and convenience. You must be very careful and can't just pick one on the spur of the moment.
V God can't sit still anymore and wants to hold a Beidaihe meeting:
The Ethereum Interoperability Forum will be held in Thailand for the first time, with the only goal of accelerating interoperability to unify L2s on Ethereum.