Behind the 1.134x return, is Ethervista a rising star in DeFi or just a flash in the pan?
According to data tracked by Lookonchain, frenulum.eth earned 274 ETH (about $696,700) in 2 days by trading VISTA, with a return rate of 134 times. frenulum.eth spent only 2.05 ETH (about $5,100) to buy 52,822 VISTA and sold it for 276.5 ETH (about $701,800). At that time, VISTA's 24-hour increase was close to 1,100%. Click to read
2. Pudgy Penguins CEO: Why is consumer encryption at the forefront of the industry?
Last month we launched www.igloo.inc and subsequently announced the acquisition of Frame to build Abstract, an L2 focused on scaling and solving challenges related to consumer crypto. Since then, it seems the narrative has shifted to consumer crypto, sparking a debate about what consumer crypto really means. In this article, I want to discuss what I believe consumer crypto is, why we haven’t achieved consumer crypto adoption yet, and why I believe consumer crypto represents the most important frontier for this industry. Click to read
3. Vitalik: New ideas to improve efficiency and security - glue and co-processor architecture
First, let's take a look at the environment I'm most familiar with: the Ethereum Virtual Machine (EVM). Here's a geth debug trace of a recent Ethereum transaction I made: updating the IPFS hash of my blog on ENS. The transaction consumed a total of 46924 gas, which can be categorized as follows. Click to read
4. Understand the meaning of Polygon $MATIC changing its name to $POL in one article?
Ethereum scaling solution Polygon released a new proposal in June 2023, intending to upgrade the original main chain Polygon PoS to zkEVM Validium, and proposed a major update to 2.0 the following month, proposing to upgrade the native token MATIC to POL to support the ecological protocols Polygon PoS, Polygon Supernets and Polygon zkEVM. Click to read
5. Comment on Multicoin’s interview “Why is ETH Down so bad?”: From Ethereum’s vision and development path to current issues
Last Sunday I intensively read an exclusive interview between Bankless and Multicoin titled "Why is ETH Down so bad?". I thought it was very exciting and profound. I recommend everyone to read it. Ryan fully demonstrated the difference between Web3 pragmatism and fundamentalism in the interview, but I have discussed this in detail in my previous article. In addition, the views in it also aroused a lot of excitement and thinking in me. Indeed, in the recent period, Ethereum has begun to suffer a certain degree of FUD. The direct reason I think is because the passage of the ETH ETF failed to trigger and A similar trend occurred when the BTC ETF was passed, which caused some people to rethink the vision and development direction of Ethereum. I also have some thoughts on these issues, which I hope to share with you. In general, I agree with Ethereum as a social experiment, hoping to create a decentralized, deauthorized and even trustless "cyber immigration country" vision, as well as its L2 expansion direction based on Rollup. The real problems facing Ethereum are two. One is that the competition between Restaking for the L2 expansion plan dilutes the resources for ecological development and reduces the value capture ability of ETH. The second is that the key opinion leaders of the Ethereum system are becoming aristocratic. Because they cherish their feathers, they lack enthusiasm for ecological construction. Click to read
