Regarding Mr. Hong Shuning's sharing of Bitcoin Ecosystem RGB, the class representative is here to share notesš
1ā£ļøPerformance - Current situation: Impossible triangle, staying at a few thousand TPS, even with rollup, it is impossible to reach the level of large-scale use (such as e-commerce) - Solution: State channel allows the Lightning Network to achieve a maximum of 40 million TPS (the settlement of both is carried out in the off-chain channel, and the state when the channel is closed is then uploaded to the chain), but smart contracts cannot be used (non-Turing complete)
2ā£ļøVerification - Current situation: Global verification, high cost and low efficiency - Real world: Client verification, A and B signing a contract has nothing to do with other personnel, and no third-party intervention is required. It is more efficient than global verification, but two problems need to be solved: 1. Prevent fraud: the initiator provides a credit record to prove his past transaction history 2. Prevent double spending: RGB one-time seal (Single use seals), "put a one-time seal on UTXO"
3ā£ļøSmart contract - Current situation: Bitcoin is not Turing complete, and smart contracts cannot be written - Solution: Turing complete virtual machine adopted, AluVM
5ā£ļø Class representative mumbling No native token of any chain can have such solid monetary properties and strong consensus as Bitcoin. If we can really combine the security of Bitcoin, the high performance of the Lightning Network and the Turing completeness of RGB to make smart contracts, then perhaps we can finally run out of the current Memecoin craze and create a project with long-term valueš¤
Isn't Meme 100% speculation? I debated with a hedge fund friend for two hours yesterdayš
From the perspective of traditional fundamentals, Meme has no underlying meaning. But the value of any commodity has two parts: practical value and brand value.
They are both yoga pants, why do people think that Lululemon's one that costs more than 1,000 yuan is better than Pinduoduo's one that costs 29 yuan?
Because of the brand, because there is a story and a culture behind it. Unlike practical value, the premium of the brand part is difficult to be falsified and has a very high ceiling.
Guessing something that cannot be posted inside the wall, if the presidential election is regarded as a game between two head brands, then Meme may be the best marketing and business war means.
If you are an ordinary citizen (most of the country's population is) and never care about politics or elections, Biden Trump, then why not choose a more favorite Meme?
There is a natural preference for humorous and interesting symbols, which is human nature itself.
šš°#Bitcoinš Ding Ding Car! Question, why are Bitcoin and Coins separate? "Huaxia Bitcoin/Coin ETF" is really hard to readš $BTC $ORDI $WBTC
Yesterday, I asked what the Warpcast traffic password was and how to create an account on 0xLuo Farcasterās sharing
Teacher 0xLuo said that Farcaster attaches great importance to real-person social interaction, and you can start fission from the channels of your own interest circle, interact more and comment more
āāSo I immediately followed the handsome guys and beautiful girls in Fitness, hiss ha hiss haš¤¤šŖš„µ
And the class representative took a lot of notes, which will be sorted out later! š¤
BitcoinĀ Asia Week finally kicks off! But it just happened to coincide with HKUās final exams, so I guess I can only keep my social activities very simpleš„¹ DM my friends who Iāve met in person, please believe me, I really want to meet you all! But college exams are like retail investors speculating in cryptocurrenciesāI canāt do anything about itš $BTC šā¬ļø
Monad's community is the most active among the recent popular public chains (in terms of physical perception). I like the community participation and the Weekly Meme series. Butā¼ ļøThe phishing posts are getting more and more real, see the picture belowšMonadian, be careful! #éé±¼ #éŖå± #monad #å ¬é¾ēę
Good news, $BTC is having a big sale, crazy price cuts! Falling below 60,000, heading straight for 55,000 If you miss this village, you wonāt have this store If you blow up this warehouse, as long as you have faith, there are still opportunities ahead! (I donāt dare to look at my walletš) #BTCäøč·åę #5ęåøåŗå ³é®äŗ件 $BNB
When I heard the word "Musk Value" in the podcast, I thought, isn't it the cryptocurrency world? š
1ā£ļø Culture: Reject seriousness, like self-deprecation and fun, and mobilize emotions
2ā£ļø Unconstrained imagination: I love Musk more than Jobs, and I yearn for the realization of seemingly impossible mythical narratives more than the products that improve the lives around me.
3ā£ļø Flexible system: The tone of large companies is reduced, the goals are clear, and the first principles are followed. The most important thing must be achieved, and the others can be adjusted flexibly
It's too hard for ordinary people in the cryptocurrency circle First-level investment cannot beat KOL Second-level market continues to decline My $STRK is about to lose I'll just play with the remaining points #EigenLayer made such a poor and uneven distribution
Regarding Hong Kong ETF, many online analyses are useless, because how much money enters the market and how much external radiation there is depends largely on the attitude of the financial bosses in Central, not just the currency circle.
By the way, I will copy the review of Hong Kong events on Twitter:
Thanks to DRK Lab for inviting me to host the Web3 Scholar Summit, the most hardcore event in Hong Kong this time, no doubt
V God sat next to me, very friendly and low-key: I didnāt expect that the first time I met Vitalik was as a hostš„¹
In addition, another highlight of this event was that I co-organized an event with Berachain and Tabi at HKU, and I also got a mobile phone from Jambo! I plan to record an unboxing videoš $BTC $ETH $SOL
Join Binance Square, introduce yourselfš 1ā£ļøI hosted the event when Vitalik came to Hong Kong in April 2ā£ļøHong Kong University Business School, investment banks fled to Web3 3ā£ļøFounding member of 0xU, the largest cross-school student chain association in Hong Kong 4ā£ļøYou can say I am young, but you can't underestimate what I want to doš„ $BTC $ETH $SOL