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ShohanurRahmanShuvo

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22 فبراير
ترجمة
🚨UPDATE: From the Sleepless Twelve Hours Over the past 12 hours, our Bybuddies have worked tirelessly to support our users by: - Borrowing ETH to facilitate withdrawals - Increasing liquidity for USDT and USDC But we weren’t alone. Many industry partners stood by us, working through the night to find solutions. One of the most brilliant tech experts dedicated hours to identifying the root cause and provided Bybit with the first investigation report. The depth and professionalism of this report are remarkable. He even took the first flight to Dubai on his own initiative to join our security team and assist in the ongoing investigation—purely out of commitment to the industry. “Just like him, many of our partners stepped up, proving that when the crypto industry is challenged, we come together to fight for it.” 💪💪 - Helen Liu, COO of Bybit $SC {spot}(SCUSDT) $BEL {spot}(BELUSDT) $KAITO {spot}(KAITOUSDT) #BybitSecurityBreach #LitecoinETF #VIRTUALWhale #VIRTUALWhale #ShohanurRahmanShuvo
🚨UPDATE:

From the Sleepless Twelve Hours

Over the past 12 hours, our Bybuddies have worked tirelessly to support our users by:

- Borrowing ETH to facilitate withdrawals
- Increasing liquidity for USDT and USDC

But we weren’t alone. Many industry partners stood by us, working through the night to find solutions.

One of the most brilliant tech experts dedicated hours to identifying the root cause and provided Bybit with the first investigation report. The depth and professionalism of this report are remarkable. He even took the first flight to Dubai on his own initiative to join our security team and assist in the ongoing investigation—purely out of commitment to the industry.

“Just like him, many of our partners stepped up, proving that when the crypto industry is challenged, we come together to fight for it.” 💪💪

- Helen Liu, COO of Bybit

$SC
$BEL
$KAITO
#BybitSecurityBreach #LitecoinETF #VIRTUALWhale #VIRTUALWhale #ShohanurRahmanShuvo
21 فبراير
ترجمة
What is sharding in crypto and why does it matter? 🧵 1/ Sharding divides a network into smaller pieces (shards) to improve speed and scalability. It’s key for handling high transaction volumes in decentralized systems. 🚀 2/ Each shard operates like a mini-network with its own ledger and nodes. They work in parallel and communicate to ensure data consistency across the entire network. 🔗 3/ Unlike Bitcoin’s single-layer transaction process, sharding processes data in fragments, allowing faster and more efficient operations. ⚡ 4/ Ethereum 2.0 uses sharding to solve scalability issues, while Bitcoin hasn’t adopted it yet. Other solutions include: Lightning Network: Off-chain transactions for speed. Rollups: Bundling transactions to save resources. 5/ Risks include potential security breaches in shards and technical challenges to maintain network consistency. 🚧 $ 6/ Sharding is a game-changer for scalability, but it’s still evolving. Could it be the future of blockchain? Let us know your thoughts! 👇 $GNO {spot}(GNOUSDT) $NEXO {spot}(NEXOUSDT) $MKR {spot}(MKRUSDT) #ShohanurRahmanShuvo #Binance #analysis #ShareYourTrade #CryptoMarketDip
What is sharding in crypto and why does it matter? 🧵

1/ Sharding divides a network into smaller pieces (shards) to improve speed and scalability. It’s key for handling high transaction volumes in decentralized systems. 🚀

2/ Each shard operates like a mini-network with its own ledger and nodes. They work in parallel and communicate to ensure data consistency across the entire network. 🔗

3/ Unlike Bitcoin’s single-layer transaction process, sharding processes data in fragments, allowing faster and more efficient operations. ⚡

4/ Ethereum 2.0 uses sharding to solve scalability issues, while Bitcoin hasn’t adopted it yet. Other solutions include:

Lightning Network: Off-chain transactions for speed.
Rollups: Bundling transactions to save resources.
5/ Risks include potential security breaches in shards and technical challenges to maintain network consistency. 🚧
$
6/ Sharding is a game-changer for scalability, but it’s still evolving. Could it be the future of blockchain? Let us know your thoughts! 👇

$GNO
$NEXO
$MKR
#ShohanurRahmanShuvo #Binance #analysis #ShareYourTrade #CryptoMarketDip
22 فبراير
ترجمة
🚨UPDATE: Bybit Says, A Huge Thank You to Our Partners and Community After last night’s security incident, we’re incredibly grateful for the swift action and support from our partners, security teams, and the broader crypto community. Your dedication and collaboration helped us navigate the situation effectively. Moments like these remind us that crypto is built on resilience, trust, and strong partnerships. We’re taking every necessary step to ensure the highest security standards and will continue to prioritize the safety of our users. Thank you for standing with us. $G {spot}(GUSDT) $TON {spot}(TONUSDT) $CATI {spot}(CATIUSDT) #ShohanurRahmanShuvo #BinanceAlphaAlert #SOLPriceWatch #FTXrepayment #Vote-PIOnBinanceYesOrNo
🚨UPDATE:

Bybit Says, A Huge Thank You to Our Partners and Community

After last night’s security incident, we’re incredibly grateful for the swift action and support from our partners, security teams, and the broader crypto community. Your dedication and collaboration helped us navigate the situation effectively.

Moments like these remind us that crypto is built on resilience, trust, and strong partnerships. We’re taking every necessary step to ensure the highest security standards and will continue to prioritize the safety of our users.

Thank you for standing with us.

$G
$TON
$CATI
#ShohanurRahmanShuvo #BinanceAlphaAlert #SOLPriceWatch #FTXrepayment #Vote-PIOnBinanceYesOrNo
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