xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
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Ethereum merge is successful. However, the market won't accept it.
https://twitter.com/VitalikButerin/status/1570306185391378434
And here are my predictions on what will happen in the second largest crypto future:
Ethereum blockchain has never been so centralized ever.
https://twitter.com/TuurDemeester/status/1570426596380774403
It was decentralized before but costly. Now, it is efficient and yields.
Suitable for the investors and holders, but the government is watching and will argue to make Ethereum security which falls under the SCE jurisdiction that allows the government to regulate.
https://twitter.com/VitalikButerin/status/1570299062800510976
We still do not know how energy saving has a long-term sustainable effect. However, we do see some improvement in energy consumption in the short-term.
The merge will wipe out all self-claimed Ethereum killer projects that improve the Ethereum blockchain to become more efficient.
There is no need to use an alternative but stick with an improved Ethereum blockchain as a result. The market will reflect the action later.
https://twitter.com/DocumentingBTC/status/1570412945972264967
I do not think PoW will go away. It is a decentralized mechanism to continue serving a purpose of validation even though it is "inefficient".
https://twitter.com/EnronChairman/status/1570451659330932737
Maybe and maybe nothing will change.
People will dislike everything until it becomes a fact anyway, just like the commercial it showed.
If you enjoy reading my articles, buy me a coffee here.
Ethereum merge is successful. However, the market won't accept it.
https://twitter.com/VitalikButerin/status/1570306185391378434
And here are my predictions on what will happen in the second largest crypto future:
Ethereum blockchain has never been so centralized ever.
https://twitter.com/TuurDemeester/status/1570426596380774403
It was decentralized before but costly. Now, it is efficient and yields.
Suitable for the investors and holders, but the government is watching and will argue to make Ethereum security which falls under the SCE jurisdiction that allows the government to regulate.
https://twitter.com/VitalikButerin/status/1570299062800510976
We still do not know how energy saving has a long-term sustainable effect. However, we do see some improvement in energy consumption in the short-term.
The merge will wipe out all self-claimed Ethereum killer projects that improve the Ethereum blockchain to become more efficient.
There is no need to use an alternative but stick with an improved Ethereum blockchain as a result. The market will reflect the action later.
https://twitter.com/DocumentingBTC/status/1570412945972264967
I do not think PoW will go away. It is a decentralized mechanism to continue serving a purpose of validation even though it is "inefficient".
https://twitter.com/EnronChairman/status/1570451659330932737
Maybe and maybe nothing will change.
People will dislike everything until it becomes a fact anyway, just like the commercial it showed.
If you enjoy reading my articles, buy me a coffee here.
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