In accounting, there is a principle called “substance over form.” A deep understanding of this principle not only helps in analyzing corporate accounts but can also be applied to all aspects of our lives, helping us see through the appearance of things to understand the substance behind them.The DAO Hack vs. Juno Proposal 16Let’s start with an example. Suppose Alice provides services to Bob Company Limited. The contract stipulates no salary, but instead, a monthly loan of 10,000 dollars is gi...

In accounting, there is a principle called “substance over form.” A deep understanding of this principle not only helps in analyzing corporate accounts but can also be applied to all aspects of our lives, helping us see through the appearance of things to understand the substance behind them.The DAO Hack vs. Juno Proposal 16Let’s start with an example. Suppose Alice provides services to Bob Company Limited. The contract stipulates no salary, but instead, a monthly loan of 10,000 dollars is gi...

In a poll from our last issue, A Decade of Ether, A Century for Humanity, when asked about the most unforgettable event in Ethereum's ten-plus-year history, nearly half of the 56 participants were most impressed by the NFT speculative frenzy of 2021-22. This allowed the event to win by a large margin with 46% of the vote. Perhaps the reason is that NFTs were what most successfully broke into the mainstream, or perhaps it was recency bias affecting judgment. However, the event that best reflec...

In a poll from our last issue, A Decade of Ether, A Century for Humanity, when asked about the most unforgettable event in Ethereum's ten-plus-year history, nearly half of the 56 participants were most impressed by the NFT speculative frenzy of 2021-22. This allowed the event to win by a large margin with 46% of the vote. Perhaps the reason is that NFTs were what most successfully broke into the mainstream, or perhaps it was recency bias affecting judgment. However, the event that best reflec...

Next Wednesday evening, July 30th, DHK dao will host an offline community gathering in Hong Kong for Ethereum's 10th anniversary, celebrating with the global community. Space is limited, so please register as soon as possible if you are interested. Special thanks to the Ethereum Foundation for their sponsorship.In 2015, the Hong Kong film Ten Years was released. Five young, emerging directors each contributed a short story, using their lens to depict their imagination of Hong Kong ten years l...

Next Wednesday evening, July 30th, DHK dao will host an offline community gathering in Hong Kong for Ethereum's 10th anniversary, celebrating with the global community. Space is limited, so please register as soon as possible if you are interested. Special thanks to the Ethereum Foundation for their sponsorship.In 2015, the Hong Kong film Ten Years was released. Five young, emerging directors each contributed a short story, using their lens to depict their imagination of Hong Kong ten years l...

2025.07.09 How many five-year periods does one have in a lifetime? I have had ten so far. I’ve spent one of them promoting cryptocurrency wallets, relentlessly trying every method imaginable to encourage others to open a wallet and take control of their own assets and data. It wouldn’t be an exaggeration to say I’ve tried everything under the sun. This five-year period began on July 7, 2020, with the publication of The 5-Minute Sovereign Account, my first article for the #decentralizehk colum...

2025.07.09 How many five-year periods does one have in a lifetime? I have had ten so far. I’ve spent one of them promoting cryptocurrency wallets, relentlessly trying every method imaginable to encourage others to open a wallet and take control of their own assets and data. It wouldn’t be an exaggeration to say I’ve tried everything under the sun. This five-year period began on July 7, 2020, with the publication of The 5-Minute Sovereign Account, my first article for the #decentralizehk colum...