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Don’t trust and verify it, Satoshi. Satoshi emphasized the need for fast distribution and validation of transactions, with a maximum processing time of 10 seconds across all nodes, to prevent double spending💰. When a node receives a transaction, it must quickly validate and spread the information to all nodes to prevent attackers from spending the same amount in another transaction. 🚀 Fast distribution and validation can outcompete other nodes that have seen the same transaction from the same spender. Reference: Satoshi. (2010, July 29). Re: Scalability and transaction rate. Bitcoin Forum. https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

Don’t trust and verify it, Satoshi.

Satoshi emphasized the need for fast distribution and validation of transactions, with a maximum processing time of 10 seconds across all nodes, to prevent double spending💰.

When a node receives a transaction, it must quickly validate and spread the information to all nodes to prevent attackers from spending the same amount in another transaction. 🚀 Fast distribution and validation can outcompete other nodes that have seen the same transaction from the same spender.

Reference:

Satoshi. (2010, July 29). Re: Scalability and transaction rate. Bitcoin Forum. https://bitcointalk.org/index.php?topic=532.msg6306#msg6306

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Ethereum is currently the king of crypto in TVL. 👑 Total Value Locked (TVL) refers to the total amount of cryptocurrency assets that are staked, lent, or locked into the smart contracts of decentralized finance (DeFi) protocols and applications on a blockchain network. 🔒 TVL is not the market cap of cryptocurrency. 🚫💰 TVL = total capital deposited (stake, locked, or lend) x price of the assets (not necessarily the native tokens). 📊 For example, if $50 million worth of ETH and $50 million worth of USDT are locked in an Ethereum DeFi lending protocol, the TVL would be $100 million. 💼 While Market cap is measured through Market cap = the amount of coin or token that are circulating x price of the native tokens. 🔄 For example, if a coin has 100 million tokens in circulation at $10 per token, its market cap would be $1 billion. 🎯 Similar to market cap, TVL is commonly measured in US dollars, but other currencies may be used too. 💲 TVL has a function to measure the strength of the financial situation of a DeFi. 💪 DeFi requires capital to run its operations such as loan collateral or as liquidity in trading pools. 💧 The increase of TVL can mean that the liquidity on that blockchain is increasing where more capital is locked and investors might receive higher yields from the staking and vice versa. 🔼 This also means that investors become more confident towards the blockchain as more users are using the blockchain. 📈 There are several factors that might affect DeFi TVL: Capital inflow and liquidity to the DeFi 💸User adoption to use the DeFi 👥Incentives in the form of rewards for staking, lending, and locking the coin or token 🎁Coin or token price and market situation 📉📈Whale activity in the DeFi 🐳DeFi upgrades, security, and hack situations. 🔐 Reference: https://twitter.com/artemis__xyz/status/178067817731004441 #EthereumKing #CryptoTVL #DeFiGrowth #BlockchainLiquidity #StakeEarnYield
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