We still need to pay attention to the underlying logic of technological innovation. The cryptocurrency circle is a place where the fire is boiling, amplifying various voices and providing a place for everyone to verify their value judgment and cognitive ability through money.

Personally, I think that the current second-layer network tokens such as arbi, zk or strk are more of a panic in the market. These are powerful and feasible attempts to expand Ethereum.
However, there is indeed a problem of huge unlocking, so it is worth observing the subsequent development. Especially for projects with a rapid increase in tvl, and how to solve the problem of decentralization of the sorter in the future.

Every time we talk about zksync or starknet, the second-layer chains based on ZK technology, we are arguing about market prices and airdrops. How many people really care about the impact of technological development on society and industry?

#币安上线ZK #Starkent

Community is always king. If a project wants to succeed, it must manage its own community seriously, respect the community, and let the community participate in and make decisions on the development of the project. I have met many project founders who always feel that their projects are like their own children and always want to take control, just like many parents control their children.

Respecting the community will have positive feedback and gain the respect of the community and users. Bitcoin is a very good example. After the founder Satoshi Nakamoto disappeared, the project exploded.

Many of our project management models are more like traditional companies, flying the banner of decentralization, but still do not trust the community and open source developers. #Bitcoin❗ #中本聪

The cryptocurrency world is a place that forces me to keep learning. I don’t want to just look at which coin is worth investing in, but I want to keep tracking the evolution of technology and choose suitable assets for analysis and learning. Investing should be a way to verify your learning and let the income become a reward for your improved cognitive ability.

#投资理念 #学习心得

Statistics of security incidents in exchanges and custodial wallets. Security always comes first.

https://unchained.com/resources/hacks?utm_campaign=Newsletter&utm_medium=email&_hsenc=p2ANqtz--7fS8bFegZ39HK4JR6ozdbZp-gQ4Q11ZmMjs6yIIzpXJxbgAOouB5hxHDOK045BOLYcMZMefziOIcEfsYvBVTiNITZNg&_hsmi=311102774&utm_content=311102774&utm_source=hs_email

#安全 #安全警报

A good web3 community not only has an active user base, but also needs an active developer community.

Users will follow developers. As a web3 project or foundation, good proposals can be used to attract developers and users to fully discuss and respect voting results in the early stage of community construction.

Recently, I have seen the development of zksync's zk nation and starknet community, which is very interesting, especially the community operation method of starknet. I hope that more and more project parties will respect the community, build the community, and attract developers and users to build an ecosystem together.

#Starkent #zkSync

I saw that Solana validators recently participated in sandwich attacks, and BNB chain validators are integrating with more builders to implement a safer MEV solution.

I saw the announcement that BNB validators have completed integration.

Builder information
https://github.com/bnb-chain/bsc-builder
Completed integration validator information
https://github.com/bnb-chain/bsc-mev-info/tree/main/mainnet%2Fvalidators

I believe this will be very helpful for the development of the entire bnbchain ecosystem.

As a technology enthusiast, I am very interested in MEV.

The centralized sorters of the second-layer networks such as base and optimism have trust assumptions for MEV. Of course, the current trust assumptions rely on the reputation of these chains.

BSC has also been continuously improving the MEV ecosystem recently, integrating more builders with more BNB validators to allow searchers and traders to use protected mempools.

https://www.binance.com/en/square/post/2024-06-08-unlocking-the-potential-of-mev-on-bnb-chain-a-guide-for-builders-and-validators-9201441451362

The continuous evolution of the ecosystem will also benefit more people.

The weekend should be like the weekend.

Take a break and continue rolling.

Binance research recently discussed the second-layer network of the Bitcoin ecosystem, which is indeed a state of flourishing. The ability of Bitcoin's first-layer network script to verify zk proof has become a bottleneck restricting the development of the second-layer network.

I am very much looking forward to increasing this capability through a network upgrade, so that the second-layer network based on zk technology can establish a security mechanism on the most decentralized network in the world.

https://www.binance.com/en/research/analysis/the-future-of-bitcoin-3-scaling-bitcoin

The development of the Bitcoin ecosystem will bring huge changes to the entire industry and society, keep building!

Now there are so many second-layer networks, and liquidity is scattered all over the place, all of which require trust in centralized sorters. Do we really need it?

The second-layer network faces an inherent logical contradiction. If the consensus mechanism of the sorter is added, it will lead to transaction fees for the second-layer network. If the consensus mechanism is not introduced, how to solve the trust problem?

I feel more and more that the second-layer network is more like the ramp of the two highways of Ethereum or Bitcoin, and better user experience should be the core competitiveness of each second-layer network.

A little personal thinking.

1. Increase investment in developer experience, such as supporting better SDKs and programming tools.

2. Create a better user ecosystem based on the second-layer network, or the chain party will personally make some star applications.

3. Introduce more users and related ecosystems based on star applications.

Shuangwen also keeps pace with the times and is both educational and entertaining? !