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Cryptorank: top tokens by growth in July (by sector)

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🔶 Trump winning the election could be better for crypto than a Kamala win. 🔶 Trump has pledged to free Ross Ulbricht and make the US a leader in crypto. 🔶 Kamala's administration, however, has been outright hostile toward crypto. 🔶 While I don't typically comment on politics, it's important to note that policy can be measured objectively. #Crypto #Policy #Blockchain #Election

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Decentralization in Crisis: Why L2s and Appchains Fall Short, and Sharding is the True Solution

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🔥 L2 Centralization: Why Ethereum's Future is at Risk 🧵 Most L2s will remain centralized forever, driven by perverse incentives. Here’s why $ETH has betrayed its decentralized roots: 🔶 Centralized Control: Major L2s have admin keys controlled via multi-sig, enabling censorship and even theft of funds. 🔶 For-Profit Companies: Proposed solutions to L2 centralization are overly optimistic, as profit-driven entities are unlikely to relinquish revenue. 🔶 ETH's Shift to Centralized Services: Competing L1s & L2s are devouring ETH’s user base while ETH's leadership promotes centralized solutions. 🔶 Privacy Erosion: ETH's push toward L2s compromises the original cypherpunk ideals of privacy and censorship resistance. 🔶 Economic Security: ETH’s shift away from on-chain usage reduces its economic security, and L2s create clear conflicts of interest that restrict L1 scaling. 🔶 Fragmentation: L2 interoperability remains an unsolved problem, fragmenting the ecosystem and damaging user experience. Conclusion: The solution lies in supporting scalable competitors of ETH and BTC, keeping the dream of decentralization alive! #Crypto #Blockchain #Ethereum #Decentralization

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📅 Main Crypto Events of the Week 🗓️ ☑️ Monday - #TON announced penalties for weak validators 🔧 ☑️ Tuesday - #HamsterKombat announced listing on Bybit 🚀 ☑️ Thursday - #Catizen announced listing on Bybit, and Mastercard launched a euro-denominated crypto card 💳 to be used at over 100M merchants 🌍 ☑️ Friday - #Durov made his first post on his Telegram channel after his arrest 🔒 ☑️ Saturday - #HamsterKombat added the "Cheating is bad" achievement 🏆 #CryptoNews #Blockchain

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🚨 SunPump Security Bug Alert 🚨

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