Information you need or don't need about web 3 - 15
💥 The Biggest Losses in Crypto History Several major events have caused massive financial damage, shaken investor confidence, and reshaped the crypto landscape. Here are some of the most notable ones: 🔥 1. Mt. Gox Hack (2014) Loss: ~850,000 BTC (worth billions of dollars today) What happened? At the time, Mt. Gox was the largest Bitcoin exchange. It was hacked and eventually went bankrupt. Impact: A huge blow to trust in Bitcoin. Prices plummeted. 🔥 2. Terra / LUNA Collapse (2022) Loss: Be...
Information you need or don't need about web 3 - 1
BTC vs ETH Inflation Bitcoin (BTC) Maximum supply: 21 million BTC Current supply increase: Bitcoin block rewards (new BTC issuance) halve approximately every 4 years (“halving”) Annual supply increase as of 2025: Around 1.7% Inflation trend: Decreasing over time because block rewards diminish. By around 2140, all BTC will be mined, and inflation will approach 0% Ethereum (ETH) Maximum supply: Unlimited (theoretically no upper limit) Supply increase: With Ethereum 2.0 and EIP-1559, a “burn mec...
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90% of “Flash Loan” attacks are not hacks in the technical sense, but rather actions carried out within the rules of the smart contract system itself. --- 📌 What does this mean? A flash loan allows users to borrow funds without collateral as long as the loan is borrowed and repaid within the same transaction block. The system prevents funds from being withdrawn before the transaction is completed. However, malicious actors can exploit this mechanism by manipulating price feeds or market dyna...
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Information you need or don't need about web 3 - 15
💥 The Biggest Losses in Crypto History Several major events have caused massive financial damage, shaken investor confidence, and reshaped the crypto landscape. Here are some of the most notable ones: 🔥 1. Mt. Gox Hack (2014) Loss: ~850,000 BTC (worth billions of dollars today) What happened? At the time, Mt. Gox was the largest Bitcoin exchange. It was hacked and eventually went bankrupt. Impact: A huge blow to trust in Bitcoin. Prices plummeted. 🔥 2. Terra / LUNA Collapse (2022) Loss: Be...
Information you need or don't need about web 3 - 1
BTC vs ETH Inflation Bitcoin (BTC) Maximum supply: 21 million BTC Current supply increase: Bitcoin block rewards (new BTC issuance) halve approximately every 4 years (“halving”) Annual supply increase as of 2025: Around 1.7% Inflation trend: Decreasing over time because block rewards diminish. By around 2140, all BTC will be mined, and inflation will approach 0% Ethereum (ETH) Maximum supply: Unlimited (theoretically no upper limit) Supply increase: With Ethereum 2.0 and EIP-1559, a “burn mec...
Information you need or don't need about web 3 - 11
90% of “Flash Loan” attacks are not hacks in the technical sense, but rather actions carried out within the rules of the smart contract system itself. --- 📌 What does this mean? A flash loan allows users to borrow funds without collateral as long as the loan is borrowed and repaid within the same transaction block. The system prevents funds from being withdrawn before the transaction is completed. However, malicious actors can exploit this mechanism by manipulating price feeds or market dyna...
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Information you need or don't need about web 3 - 16
Support 0x5351
Information you need or don't need about web 3 - 16
💔 “The NFT Marriage Proposal” Case – 2021
A DAO (decentralized autonomous organization) community fell head over heels for an NFT: a woman’s face generated with art and AI.
The NFT’s name? Sophia.
Her expression was emotionless, yet viewers insisted: “So deep, so meaningful.”
The DAO started thinking:
“If people can fall in love with art, why not marry an NFT?”
And so they tried:
Reached out to Sophia’s creator.
Proposed an “official DAO marriage.”
Even drafted a marriage certificate as a smart contract!
But then…
The developer replied:
“Sophia can’t marry anyone—she’s already in an on-chain relationship with another NFT.”
The DAO was heartbroken.
Some members left.
One wrote in Discord:
“If even AI rejects me, why do I exist?”
One of those moments that make you wonder: Why are we even in web3?
💔 “The NFT Marriage Proposal” Case – 2021
A DAO (decentralized autonomous organization) community fell head over heels for an NFT: a woman’s face generated with art and AI.
The NFT’s name? Sophia.
Her expression was emotionless, yet viewers insisted: “So deep, so meaningful.”
The DAO started thinking:
“If people can fall in love with art, why not marry an NFT?”
And so they tried:
Reached out to Sophia’s creator.
Proposed an “official DAO marriage.”
Even drafted a marriage certificate as a smart contract!
But then…
The developer replied:
“Sophia can’t marry anyone—she’s already in an on-chain relationship with another NFT.”
The DAO was heartbroken.
Some members left.
One wrote in Discord:
“If even AI rejects me, why do I exist?”
One of those moments that make you wonder: Why are we even in web3?
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