Experiences I learned after many years of struggling in the#cryptomarket. Maybe it will help you in your journey to conquer the waves.

#first. Capital management is the most important.

After ups and downs, I realized that no matter how good#researchand analysis skills are, they are not as important as capital management.

The financial market always has potential risks, nothing is 100% certain, especially in a volatile market like crypto. A seemingly immortal empire can still collapse overnight. Look at the examples Luna, 3AC, FTX.

Note some of your personal experiences when playing memecoin.
There are 3 groups of memes that I pay attention to:
1. Insider: coin group that you have information about first, know the situation and the team behind it.
2. New ideas: group of memes that are information-blind but have breakthrough ideas, with the potential to become game-changers.
To know what a breakthrough idea is, you need to constantly follow the market to know what is old and what is new.

ERC404 is causing trouble in the community these days. When I first encountered it, I found it quite nonsense, but after doing more research, I discovered many interesting things. First, a little about ERC404, you can understand it as a combo (nft + token). When you mint/buy/sell/transfer one thing, the other thing will also be affected. Specifically, let's start with something simple: When you mint an NFT, you will receive 1 corresponding token. When you buy 1 token on dex, you will also receive 1 nft in your wallet. This NFT is created through a new mint command with completely new traits. When you sell a token, your nft also disappears. More specifically, that nft is burned. When transferring a token to another wallet, the nft will not be transferred but burned, then minted a new nft with new traits in the receiving wallet. Then a bit more complicated, If you have 2 nft in your wallet, when you sell 1 token on the dex, which nft will be burned. The answer is random. There is no anchoring mechanism between fungible token and nft. Because tokens cannot be identified. So when you have many nft in your wallet and sell a token to the AMM side, one nft will be randomly selected to burn. So the necessary thing to do to store rare nft is to transfer it to another wallet before releasing the tokens. I have read some solutions to these problems, but they are not clear, so I don't include them here. Finally, the most confusing part for most newbies is what if you buy/sell an individual number of tokens? The ERC404 mechanism automatically detects the integer and remainder. When the transaction order is an integer, the mechanism is as above. When there is a decimal part, for example buying/selling 1.5 tokens, it will automatically be divided into 2 parts. The first part handles the integer part = 1 as usual including buy/sell/mint/burn. The decimal part 0.5 will be treated as a fungible token, meaning the token/ETH pair will be exchanged as usual. In addition, ERC404 also automatically detects the balance in the wallet, if you collect enough integers, it will automatically mint a new nft. into your wallet. On the contrary, if the balance decreases, it will also burn the corresponding amount of nft. And the ERC404 games start from here. Not counting the hype in recent days, ERC404 is increasing NFT liquidity many times over. It's even more magical than the fragmentation solution. Floor traders who don't care about trait don't need to wait days to clear their NFT inventory. What you need to do is simply dump fungible tokens straight into the Pool. The MM team that makes the price is the same, pumping up nft is no different from a token. But the special thing I see in ERC404 is the renewal of trait, it can give birth to a new discipline that I don't know the name of yet. Temporarily called "NFT Mining". As analyzed above, in addition to buying/selling/transferring directly NFT is to maintain its rarity. For the remaining activities related to the fungible token side, the NFT will be refreshed. This creates an open mechanism for users to "mine" new traits. Traiting tokens to make a profit and mining rare NFTs is a double work. Projects can take advantage of this to encourage users to continuously trade to "mine" rare NFTs. Overall #ERC404 is the solution new and very good liquidity boost for the NFT market. NFTFi contexts can be strongly opened from here. With ERC404, those who love profit can go to #FungibleToken, and those who love art can go to #NFT 🫡However, currently ERC404 is still a trial, so in In the near future, many other things may be completed.#ERC404

Eclipse @EclipseFND is a Layer 2 extension solution on Ethereum for general-purpose use. Eclipse is designed with a modular structure to take full advantage of the strengths of each integrated blockchain, it uses Solana's SVM is the execution layer, Ethereum is the authentication and consensus layer, Celestia is working with data availability, and Eclipse also uses RISCZero to create ZK Proofs for verification. By definition from the project side, they are Design a system "standing on the shoulders of giants". The following article will analyze in detail the operating mechanism and potential of Eclipse. Eclipse's products Previously, Eclipse focused on building solutions. The solution helps deploy custom rollup chains, also known as RaaS (Rollup as a Services). But developers have realized that what Ethereum needs is a general-purpose Layer 2 with truly massive scalability. Because creating chains with many customizations will only increase fragmentation and reduce user experience, Eclipse's current development direction is to become an Ethereum Layer 2 with speed and scalability. strongest. This is realized by the modular blockchain model with the participation of many blockchains with the best strengths today. In the following section we will learn in detail about its operating mechanism. If you do not know about it, Modular Blockchain you can read the article: "Panorama of the Modular Blockchain ecosystem" on your personal page. Eclipse's operating mechanism To take advantage of the power of blockchains,#Eclipsedivides work into 4 groups main:Execution - ExecutionProving - Creates evidenceSettlement & Consensus - Processing and consensusData Availability - Provides data availabilityExecution - ExecutionEclipse selects Solana Virtual Machine (SVM) for the execution layer.This choice comes from its speed, unlike EVM and many other virtual machines that only run single-threaded, @solana's SVM allows executing transactions in parallel as long as those transactions are not related to each other. . Because of this property, SVM is always ranked among the execution environments with top computing speeds. In addition, Eclipse also supports EVM applications through Neon EVM so that programmers do not have to rewrite dApps. If you need to transfer from Ethereum to Ethereum. Proving - Creating proofsEclipse uses @RiscZero to create Zero Knowledge fraud proofs. The set of fraud proofs includes: Transaction input commitment Transaction content Proofs proving that re-executing transactions will result in different outputs than on-chain results.Settlement & Consensus - Processing and consensus Similar to other Layer 2s, @ethereum will be the blockchain of choice as the processing layer management and consensus for Eclipse. This is easy to understand because until now Ethereum is still the most decentralized and safe blockchain smart contract, the tasks processed above will inherit the same security. Its secret. Not to mention Ethereum is also the most vibrant economy in the crypto market, so placing an authentication layer and bridge on top of this to allow money to move back and forth will also help Eclipse easily attract liquidity and users. more useful.Eclipse uses ETH as the gas fee payment token, in the future, the project mentions that users can use other tokens for this (eg USDC).Data Availability - Provides functionality data availability@CelestiaOrg as the Data Availability class for Eclipse. Besides Ethereum mainnet, there are not many DA layer options for Modular projects at this stage. Celestia is one of the leading and most successful projects in the Data Availability segment with nearly 100 projects in the ecosystem. In addition to Celestia, the DA group also has a number of other names such as EigenDA, Avail, NearDA. Using Celestia for the DA layer will help increase transaction throughput and reduce costs significantly on Eclipse. Eclipse's execution flowCreate transaction: Users interact with Eclipse through the dApp using transactions. Transaction sorter: Sequencer is the one who receives and orders transactions. Block production: Once transactions are sorted it will be included runtime to calculate, the output of this process is a new state of the network. Next, this block is posted to the DA Layer, Celestia, and the state commitments are also sent to the Settlement Layer, Ethereum. .Currently the Eclipse team is the only one operating the Sequencer and block generator, they also plan to decentralize in the future. Transaction settlement: Through DA Attestation (from Celestia) and Validity Proof (from Sequencer ), the contract on Ethereum will perform basic calculations to ensure that the data is formatted correctly. Next is a challenge period following the mechanism of #OptimisticRollup. After this testing period, if there is no evidence of successful fraud, the new status will be updated and stored permanently. Above is the entire operating mechanism of the Eclipse network, we will return to it. Product comments section in the general comments section of this article.Development teamNeel Somani - Founder: Neel is experienced in the field of software development. Before founding Eclipse, Neel worked in many programming-related positions at different companies including: Citadel, Airbnb, Two Sigma, Oasis Labs.Vijay Chetty - CBO: Vijay can speak is the person with the most experience and connections in the field of cryptocurrency on the Eclipse team. Vijay used to work at Uniswap Labs as Head BD and then Advisor, before that in BD positions at dYdX, SharesPost, Ripple. Vijay also spent nearly 3 years working at BlackRock as an Investment Associate and 2 years as a Researcher at NASA. Eclipse's team is quite tight-lipped, so besides the above content, there is not much information about the members. Other investors.Eclipse has had 2 rounds of capital calling with a total investment of 15 million USD. The Pre-Seed round took place in September 2022 led by Polychain Capital calling for 6 million USD. Other investment funds include Polygon Ventures, Accel, Tribe Capital. The Seed Round took place in December 2022 led by Tribe Capital and Tabiya. There is also the participation of Coinlist and Infinity Ventures. The amount raised in this round is 9 million USD. Compared to other Layer 2 projects on Ethereum, the amount of money raised by Eclipse is very small. It is possible that in the future there will be more rolling rounds. General comments Eclipse's idea comes from user experience, creating thousands of independent rollup chains with their own purposes will only fragment liquidity and cause problems. The user experience is terrible, every time they use a rollup they need different settings.From that fact, Eclipse tries to create a Rollup that is powerful and scalable enough to do everything to replace thousands of other rollups. That is also the reason why they chose SVM as the execution environment,#ParallelExecutionhelps a lot for this vision. Meanwhile, the safety still comes from the security layer by Ethereum and Zero Knowledge proof creation technology. The project started operating in the first half of 2022, the development time has also been relatively long, perhaps partly because because integrating many different blockchains creates technical barriers. However, at present, the project has reached the Testnet deployment stage and mainnet is expected in 2024. Overall, Eclipse is a groundbreaking product that successfully combines many of the most effective modules together. Ethereum's upcoming#Dencunupdate will be a good catalyst for the Layer 2 trend and of course Eclipse. Eclipse's capital call is quite modest compared to other projects in the same category, there may be other challenges. Funding rounds from VCs or the community in the future. But calling for low capital is also an advantage for small investors because the project will not be overvalued. Although the project mentioned that there is no plan to issue its own token, you can participate. Join the Eclipse Testnet to both experience the high-speed layer 2 network and have the opportunity to receive airdrops in the future. Conclusion Above is information about Eclipse @EclipseFND, the project is expected to be layer 2 with super fast speed . Hopefully this content will help you in your research process.

Network expansion is always a pressing issue that developers focus on. Throughout the long history of blockchain development, there have been many solutions proposed, but it seems that no solution has overcome the legendary impossible trinity: decentralization, scalability and security.
Modular Blockchain is a solution that separates the network's work into parts, then uses different blockchains to undertake work according to their own strengths. This solution is experiencing strong development and is expected to be the next generation of blockchain.