Twitter Featured: Ethereum loyalty said ETH will become increasingly scarce; Bitcoin core developers talk about forked lessons

01
Jimmy Song talks about forked sentiment

Bitcoin core developer Jimmy Song tweeted:

Lessons learned from the civil war (which should be referred to here as bitcoin forks):

Business cannot represent bitcoin

Miners can't represent Bitcoin

Users have the sovereignty of Bitcoin, and you can't force users to do what companies and miners want them to do.

Twitter allows users to voice people who want to control them, which increases (bitcoin) anti-fragility.

Erik Voorheees, CEO of ShapeShift Exchange, dismissed and commented:

No one wants to "control the user." What does that mean? No one can control Bitcoin users, this is the key. Please stop these derogatory narratives.

02

Ethereum will become increasingly scarce

Ethereum loyalty, EthHub_io founder Anthony Sassano:

Eth because of these will only become more scarce:

– Decentralized financial (DeFi) locks

– Locking of the pledge economy (Staking)

– Locking of decentralized autonomous organizations (DAOs)

– Loss and freeze caused by (bug, accidental sending, etc.)

– Loss caused by the verifier's offline (Note: validators refer to the Ethereum 2.0 Casper and the verifier of the fragment consensus mechanism.)

– Burning at the state of the rental fee (here referred to as the Ethereum state-rent proposal)

– Burning when paying gas charges (EIP-1559 proposal proposes to burn the fee)

In addition, in the agreement, the issuance of Ethereum will continue to decrease. In Ethereum 2.0, the circulation is likely to be less than 0.5%.

03

Coin Ann launches Coin Exchange Exchange 2.0 and open margin trading

Coin An CEO Zhao Changpeng tweeted:

At the time of the fierce game of bitcoin prices, the company launched the currency security 2.0 and opened the margin trading to everyone.

Regardless of the bulls and bears, we are all building.

CZ also added: One of the key improvements to the 2.0 upgrade is performance. At the peak of the transaction, if you experience delays or other performance issues, be sure to use 2.0. Due to the legacy performance bottleneck, we will soon disable version 1.0.

04

Industry event

1. Cashapp official Twitter confirmed that in addition to supporting Bitcoin trading, Cash App now supports Bitcoin deposits. Twitter CEO Jack Dorsey tweeted that "now you can use cashapp to access Bitcoin."

2. According to The Block, Opera (a US-listed company) has released an IOS browser with a built-in cryptocurrency wallet.

—— End ——

Turn around every day and see the big coffee point of view, bringing you the freshest and most interesting points.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

DeFi

Grove Raises $7.9 Million in Funding to Revolutionize DeFi

Grove secures $7.9 million from top investors to strengthen DeFi efforts.

Blockchain

Commerzbank: Leading the Way in Crypto Custody Services

Fashionista, get excited because Germany's top bank, Commerzbank, has just received a crypto custody license from the...

Market

Get Ready for a $1T Crypto Market Cap Surge with the Approval of Bitcoin ETFs

Fashion bloggers take note CryptoQuant, a popular blockchain data company, has released insights on what to expect on...

Market

[Title in title-case]

Fashionista a16z to Raise $3.4 Billion for Next Early and Seed-Stage Funds By End of Year

Market

Coinbase Takes Legal Action Against SEC for Regulatory Ambiguity in Crypto Industry

Coinbase has proactively taken legal action against the SEC to address the regulatory uncertainty surrounding cryptoc...

Market

BlackRock Plants Bitcoin ETF Seed Funding, Stage Set for Revolutionary Rollout

BlackRock, a prominent Wall Street asset management company, has taken a step towards launching its Bitcoin ETF by se...