Ethereum Layer 2s are not safe. They are permissioned networks. Stop the narritive. They are the biggest risk in all of crypto.
To steal all the liquidity aka rugpull the L2's lets analyze how many anonoymous wallets need to agree.
@blast 3 of 5
@Optimism 5 of 7
@0xPolygon 5 of 9
@arbitrum 9 of 12
@base 4 of 9
If these anonoymous wallets sign, the entire liquidity of the L2 can be instantly removed aka stolen.
Stop the poor naritives. Ethereum Layer 2 is a MASSIVE risk to crypto. It is not permissionless. Its a broken architecture that is running up with false narritives of security.
@Justin_Bons thoughts?
Just the fact that these chains have been allowed to exist by regulators proves they dont understand permissionless security. If one of these L2s are exploited, it is highly possible all of Ethereum will collapse and bring down all of crypto value. Stop this broken architecture before it hurts crypto.
In the last 24 hours, Sundae v3 has processed roughly 9264 orders.
10% of those were placed and executed in the same block.
50% of those were executed in under 30 seconds.
70% were executed in under a minute.
90% were executed in under 221 seconds.
.@ZengateGlobal is leveraging #Chainlink’s platform for tokenized RWAs.
Using Functions and Proof of Reserve, zenGate Global is helping enhance transparency and security for tokenized assets in the supply chain industry 🏗️🌍
@rvcas The system that was proposed in November of 2022 and has been steadily in development for the last 1.5 years and is now coming to fruition/completion?
I'm absolutely stoked to finally be able to tell the community and the world about this alliance. Micky and World Mobile have been our friends and mentors in building zenGate.
Together we will do amazing things.
It looks like June will be the month that Cardano Node will reach 9.0. This means that Cardano is Chang fork ready and waiting for 70 percent of the SPOs to install the new node. Then, a hard fork can occur pushing Cardano into the Age of Voltaire.
It's the most significant milestone in the history of Cardano and for the industry as a whole. Cardano will be a decentralized civilization spanning the entire world with millions of residents. We'll have the most advanced blockchain governance system, annual budgets, a treasury, and the wisdom of our entire community to guide us.
It's been nearly ten years for some of us on this remarkable journey. I can't believe that in a single decade, we built a nation. I'm proud of all of you. Cardano gives me hope for our industry and the world. Let's spend the next decade making a big dent in the universe.
Catching up on Cardano proposals. #impact
Is anyone here familiar with @brave which boasts about 70 million+ user base? Want to know more?
There's a @Catalyst_onX proposal submitted directly by the Brave team. Fascinating - give it a read, and leave feedback. Link in the comment.
"The campaign aims to significantly increase Cardano's visibility and understanding within Brave's large, crypto-savvy user base of 70 million+ monthly active users. The New Tab Takeover and News Display Ads will educate users and stimulate interest in the Cardano ecosystem. This broader awareness could bring more developers, users, and projects to Cardano. We have observed ample evidence of Brave campaigns resulting in significant uplift and engagement for projects featured with Brave's audience. We will demonstrate impacts through robust, transparent reporting and a brand uplift survey that will demonstrate both awareness and brand lift."
You might've already heard rumours...
And now we're happy to report:
Yes. It is true.
The FC Barcelona is coming to Cardano.
The @FCBarcelona has collaborated with @WomenInTechOrg, @Plastiks_io, @AndamioPlatform & NMKR to release a @Cardano Catalyst Proposal.
Multichain is mostly a failed concept
So why is Chain Abstraction a hot narrative right now
・What is it?
・How is it different from multichain
Let's dive into why I think this idea will kill many projects, but also elevate many others