10 Must-Know Facts About Ordi
Let's dive into 10 interesting insights: 1. If the Bitcoin Knots client, as per Luke’s statements, stops supporting transactions with $Ordi inscriptions after the upgrade, what happens to these inscriptions? Answer: Well, they won't be processed (or added to the blockchain) when miners using Bitcoin Knots client to produce a block. 2. So, what are the chances of the Bitcoin Knots client producing a block? Answer: It's currently quite slim. As of December 2023, there are over 17...
10 Must-Know Facts About Ordi
Let's dive into 10 interesting insights: 1. If the Bitcoin Knots client, as per Luke’s statements, stops supporting transactions with $Ordi inscriptions after the upgrade, what happens to these inscriptions? Answer: Well, they won't be processed (or added to the blockchain) when miners using Bitcoin Knots client to produce a block. 2. So, what are the chances of the Bitcoin Knots client producing a block? Answer: It's currently quite slim. As of December 2023, there are over 17...
The Tug of War over Bitcoin Spot ETF Application
Diving into the saga of the Bitcoin (BTC) spot ETF. Past Events - Recent Developments - What the Future Holds Past: 1. Grayscale has made numerous attempts to convert its GBTC into a real spot ETF, but the SEC has consistently declined. - Due to GBTC's non-redeemable nature, its price has always seen a deviation from BTC. Currently, the deviation stands at -13%, marking a 2-year high. - The peak divergence was +40% (during the bull market zenith) and had slumped to -45% at its worst (dur...
The Tug of War over Bitcoin Spot ETF Application
Diving into the saga of the Bitcoin (BTC) spot ETF. Past Events - Recent Developments - What the Future Holds Past: 1. Grayscale has made numerous attempts to convert its GBTC into a real spot ETF, but the SEC has consistently declined. - Due to GBTC's non-redeemable nature, its price has always seen a deviation from BTC. Currently, the deviation stands at -13%, marking a 2-year high. - The peak divergence was +40% (during the bull market zenith) and had slumped to -45% at its worst (dur...
Review of $SPK Farm on SparkDAO
1/7 The SparkDAO (a subsidiary of MakerDAO) SPK pre-mining phase does not seem particularly attractive from a mathematical perspective.2/7 According to MakerDAO's economic model, all of its subsidiary DAOs (SubDAOs) are expected to issue 2.6 billion tokens each, with 500 million designated for mining and an additional 100 million for sale in the first year. https://endgame.makerdao.com/tokenomics/subdao-tokenomics 3/7 However, in this pre-mining phase, only 6M $SPK tokens have been alloc...
Review of $SPK Farm on SparkDAO
1/7 The SparkDAO (a subsidiary of MakerDAO) SPK pre-mining phase does not seem particularly attractive from a mathematical perspective.2/7 According to MakerDAO's economic model, all of its subsidiary DAOs (SubDAOs) are expected to issue 2.6 billion tokens each, with 500 million designated for mining and an additional 100 million for sale in the first year. https://endgame.makerdao.com/tokenomics/subdao-tokenomics 3/7 However, in this pre-mining phase, only 6M $SPK tokens have been alloc...
Exploring the Promise of Intent-Centric Blockchain Architecture
In recent months, a term has been causing ripples in the crypto seas: Intent-Centricity. This concept represents a remarkable departure from the traditional transaction-based norm, introducing a user-focused approach that's on the brink of revolutionizing blockchain applications. The Essence of Intent-Centricity: At its core, Intent-Centricity empowers users to express their intentions within blockchain transactions. Instead of specifying intricate transaction details, users state their ...
Exploring the Promise of Intent-Centric Blockchain Architecture
In recent months, a term has been causing ripples in the crypto seas: Intent-Centricity. This concept represents a remarkable departure from the traditional transaction-based norm, introducing a user-focused approach that's on the brink of revolutionizing blockchain applications. The Essence of Intent-Centricity: At its core, Intent-Centricity empowers users to express their intentions within blockchain transactions. Instead of specifying intricate transaction details, users state their ...
Layer2 charges low gas fees yet earns millions monthly - how do they profit?
1/n Many wonder, how do Layer2 solutions profit? Gas fees user paid to L2 = Revenue 📈 Gas fees L2 paid to Ethereum = Costs 📉 In essence, L2 operates on a "wholesale-to-retail markup" profit model, capitalizing on transaction fees. Arb & OP earn roughly $1M monthly from this. Bigger players like Base and ZK generate $2-3M monthly.2/n Why is Ethereum's Cancun upgrade so pivotal for L2s? The core of the Cancun upgrade is EIP-4844, allowing L2s to bypass Ethereum execution layer itself dir...
Layer2 charges low gas fees yet earns millions monthly - how do they profit?
1/n Many wonder, how do Layer2 solutions profit? Gas fees user paid to L2 = Revenue 📈 Gas fees L2 paid to Ethereum = Costs 📉 In essence, L2 operates on a "wholesale-to-retail markup" profit model, capitalizing on transaction fees. Arb & OP earn roughly $1M monthly from this. Bigger players like Base and ZK generate $2-3M monthly.2/n Why is Ethereum's Cancun upgrade so pivotal for L2s? The core of the Cancun upgrade is EIP-4844, allowing L2s to bypass Ethereum execution layer itself dir...
