ALL ACTIVITY NFA, DYOR | ZEC | NEAR | TAO | ETH | (tomorrowsHopeLies_inManyChains, notOneRuler) | privacy_isNormal | decentralizeEverything | learning_fullStack
Joined February 2024
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This is exactly why I still have so much conviction in $STONK ....
People are looking at the charts and judging the entire ecosystem based on a few days of price action....
But the quality of the team, the platform and the work being done hasn't suddenly disappeared because the market turned bearish....
StonkFun has built something that goes beyond launching tokens.....
The pairing model, holder rewards, growing ecosystem and actual platform revenue give it a foundation that many projects simply don't have.....
And I agree with your point about $ZCAT too. Strong ecosystem projects going through a correction doesn't mean the whole thesis is broken....
Markets can stay irrational longer than we expect, but sentiment can also change very quickly.....
The same people who are bearish today can become extremely bullish once momentum returns....
I'm not here just because of a green chart. I'm here because I believe in what this ecosystem is building....
Still very bullish on $STONK and the projects around it. I think the bigger picture is far from over.....
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The first ZEC ever in the Zcash Network Sustainability Mechanism. :-)
🟨 Milestone: Zcash's NSM reserve has grown 1 ZEC since NU7.
60% of transaction fees now go to the Network Sustainability Mechanism instead of miners. It's up 1.01 ZEC (about $1K) as of block #3,546,650.
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BuT NEaR is NOT a dEcENtRaLiZeD BlOcKcHaIn!
It is. Anyone can create an account without KYC, deploy a smart contract, or run a validator, and the price of a seat is low, about 9,700 NEAR right now. The protocol has no freeze function and no admin key. Next time someone tells you otherwise, ask them for one censored transaction hash. They will change the subject.
BuT NeaR fRoZe mOnEy YeSTeRdAy!
That was not the blockchain. That was NEAR Intents, a venue for cross chain trading. It is just a smart contract sitting on the protocol like any other user, with no special powers over it.
hOw DaRe ThEy ToUcH sOmEoNe ElSeS mOnEy!!!
It is a private company that built a project on top of NEAR, and this is how they built it. Their automated system found evidence that an incoming swap carried funds from the Bitget hack and paused it pending review. If the money is shown to belong to Bitget, Bitget gets it. If not, the sender does. (Here nobody disputes it was North Korean hackers.)
aNd WhO gAvE tHeM tHe RiGhT???
That is the policy of one company, not a rule of the NEAR blockchain. They run it because moving stolen funds is how people go to prison for money laundering, and because their users expect exactly that.
ThEn iT iS nOt PeRmIsSiOnLeSs!!!11
It is, and you can prove it yourself tonight. Deploy your own venue on NEAR with zero screening. Nobody can stop you. Not the validators, not the foundation, not me. That is what the word means.
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1.3 billion adults don't have a bank account.
900 million of them have a phone. 530 million have a smartphone.
They shouldn't need a bank to save, spend, or send.
ZEC in the hands of billions.
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Bittensor unveils quantum-resistant wallets.
As AI renews debate over cryptographic security, the update gives users post-quantum signatures and the option to replace signing keys automatically.
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Big release just hit Dash.
Dash is fully decentralized, with a network of mining pools as well as thousands of masternodes around the world.
The 1,000 Dash collateral requirement kept many people away from operating nodes.
Well, no longer.
V24 introduces trustless masternode shares at the protocol level, so you can pool collateral with other smaller holders to form a full node.
Dash continues to grow, innovate, and decentralize.
Dash Core v24.0.0 is out 🚀
It's the first release of the 24.x series and brings the v24 network upgrade (hard fork). It is mandatory for all nodes.
What's in it, and what you need to do 🧵👇
github.com/dashpay/dash/rele…
looks like Aztec is the ONLY ETH L2 with a decentralized/permissionless sequencer
a privacy focused ETH L2
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Being right years ahead of others isn’t nearly as satisfying as people think. Nobody apologizes for treating you like a crazy. They just come back years later, repeating what you told them as if it’s some groundbreaking revelation because they finally heard it from someone else.
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@tyler on Zcash as HTTPS:
"The government fought encryption and treated it as a munition. Bitcoin is HTTP, in the clear. Zcash is HTTPS."
"The government fought that too, then 180'd and said all government websites must be HTTPS."
Encryption always wins in the end.
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For every $1 Stonk has earned, holders have received $2.5+. The best KOL deal in crypto is rewarding your own holders.
this sets a massive precedent (a massively stupid one) for centralized blockchains
essentially, centralized blockchains get commodity status like bitcoin
JUST IN: The @SECGov confirms $CC Canton Coin is a digital commodity and not a security, issuing a no-action letter after @CantonNetwork demonstrated the token derives its value from programmatic operation and supply/demand.
Statistically not true
I still don't believe this whole "if crypto can get hacked, tradfi would be targetted first."
Tradfi, like Binance, can upgrade shit in one click. So, looks like CEXes are more vulnerable by lacking the expertise to prevent these hacks like Banks do.
