ProffEtherPrints

I was interesting enough to get you here so just follow me already ☝🏾☝🏾

Eth bull

[ProffEtherPrints @ProffEtherPrint]

Well well well

Solana at it again

@sofi created their own stablecoin and minted 99.97% of it on Ethereum, and Solana`s X account proclaims they picked them, when they only minted 0.026% of the total supply on Solana !

That's $100M vs $26k between Ethereum and Solana and they think they were chosen 🤦🏼

[ProffEtherPrints @ProffEtherPrint]

Credit to @HarryTran_RWA for the token graphic ! Give him a follow for keeping up with the space, he's insanely good

[ProffEtherPrints @ProffEtherPrint]

The average token performance across some of the top RWA projects is -80.32%

This is happening whilst tokenised assets on chain is hitting new ATH if $30B. Something isn't adding up

What is it ? Token utility. This isn't an issue exclusive to RWA, but tokens in general. With project tokens, the token gives no stake or ownership over the underlying enabling company/team/protocol

It's difficult to find any meaningful direct exposure method to the growth of the RWA space. $ETH is a decent method but it's a tertiary benefactor of the growth of RWA.

[ProffEtherPrints @ProffEtherPrint]

Only when the purpose of the tokens change ! This is the one thing that personally turns my attention away from the RWA space

I love it, love the access it gives, love how it makes everything more efficient, but the lack of solid ways to get exposure to it's growth through a meaningful token that has utility makes me less into it

[ProffEtherPrints @ProffEtherPrint]

@blknoiz06 Bro does the t on your keyboard not work or something??

[ProffEtherPrints @ProffEtherPrint]

Credit to @IanSmith_HSA for explaining this to me at first !

[ProffEtherPrints @ProffEtherPrint]

The reason why Solana has zero quantum resistance is to do with public keys. In short, for quantum computers to get into your wallet, they need to know your public key at minimum. The quantum threat comes from quantum computers being able to derive private keys from your public key.

On Solana, your wallet address IS your public key, meaning it's permanently exposed on-chain for a quantum computer to start deriving your private key immediately.

For blockchains like Ethereum or Bitcoin, the risk is slightly deferred because they use hashed addresses, so the actual public key isn't revealed until you send your first transaction, not ideal but better at least.

[hantengri @hantengri]

🧸🎯

[ProffEtherPrints @ProffEtherPrint]

@IanSmith_HSA @hantengri @SAMALTCOIN_ETH I know sir ! But we are raising awareness now and slowly getting there and making him realise. There's a shift. It's slow at first but then it'll all happen at once

At least things have started moving in the right direction

[ProffEtherPrints @ProffEtherPrint]

@ec265 @Appledore_0 @IanSmith_HSA is a good account to follow for quantum stuff

He's super experienced in quantum

[ProffEtherPrints @ProffEtherPrint]

@drjasper_eth Just now ? I thought past year or so since December has been all good times to buy

Or did I pull the trigger too early ??

[ProffEtherPrints @ProffEtherPrint]

@materkel @drakefjustin @VitalikButerin That much was obvious 😎😎

[ProffEtherPrints @ProffEtherPrint]

@AlisonbobEth @drakefjustin @VitalikButerin Thank you ! Makes sense now lol

[ProffEtherPrints @ProffEtherPrint]

@alanrog3 That's wild ! 🤣🤣

[ProffEtherPrints @ProffEtherPrint]

@HarryTran_RWA @RWA_Maxi @RWA_xyz

[ProffEtherPrints @ProffEtherPrint]

@BakingBenjamins Exactly bro he's too late to the party now !

[ProffEtherPrints @ProffEtherPrint]

Well well well

Saylor sold 32 Bitcoin worth $2.5 million.

Imagine if he was able to stake it and earn yield, then he wouldn't have to. I wonder which asset does this, it begins with E 🤔🤔

[ProffEtherPrints @ProffEtherPrint]

@papaxem4 @AerodromeFi @HyperliquidX @aave So true, this is when the best time to buy is but everyone always hates on you for being right

[ProffEtherPrints @ProffEtherPrint]

@AdrianoFeria Too true, and it's always centered around L1s that the bloating is at

ADA, XRP, Plasma, ATOM and so on

[ProffEtherPrints @ProffEtherPrint]

67 days after the staking queue was 50 days long, it is now 55 days long.

This obviously proves $ETH is dead, David Hoffman was right after all !

[ProffEtherPrints @ProffEtherPrint]

31 days on from when the $ETH staking queue was 64 days long, it is now 50 days long ?

This is because the rate of new Eth being stacked is outpacing the rate at which it is being stacked through the queue, enough to still drastically reduced the speed at which the waiting queue reduces

And there is still~3m Eth waiting to be staked. That's ~2.5% of the total supply, with 31.3% of total supply already staked.

We will blast passed the 33% supply staked benchmark