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CT drastically underestimates how hard it is to be an honest builder in this space.
There are endless expectations, you can never make everyone happy (even though you want to), and you're always one bad decision away from your project dying.
On top of this, you'll always deal with FUD from someone that wants to see you fail, even if you build your project honestly and earnestly. You're fighting a war that can never be truly won.
At the same time, there are many instances where you'll see "less-ethical" teams/projects take shortcuts or do something blatantly wrong and still get rewarded for it. I've talked to so many crypto founders over the years who ask themselves why they even bother trying. The reality is the crypto space hasn't rewarded morals up to this point (for better or worse).
Obviously, the end reward for project founders can be lucrative, but statistically it's not a high likelihood. Most founders will spend years of their lives dealing with a ton of stress and end up winding down their projects. It's an extremely tough industry that moves on quickly.
My point here is that I commend everyone in this space that tries to build projects "the right way". It's not easy to do and takes a ton of perseverance. You have my respect.
@rektbuildr@coffeedev@SSS_HQ I'm guessing _postCheck gets the current balance of the receiver then adds the amountAfterTax on top of it
that _postCheck should have an additional check to see if from and to are the same address which probably it didn't do
Dencun upgrade in 10 minutes. Let's see what happens.
If you are interested and curious about the Dencun Upgrade, here is a superb writeup from @stacy_muur
https://t.co/mgfO2Gc8ha
5 days until the Dencun upgrade.
Here's everything you need to know about Ethereum's Dencun and its effects on L2 chains.
Spoiler: Ethereum will become cheaper, but not too much.
It’s time 🚀
Join our 30 day coding challenge!
You’ll contribute to open source & get your hands dirty with REAL projects
Join us 👇
https://t.co/DkBA0znMgz
This week on Coffee With Calyptus, we’re joined by @SuhailKakar, DevRel at @livepeer ☕️
He breaks down Livepeer’s video infrastructure layer and shares insightful advice for upcoming Web3 DevRels 🧵👇
Solidity Challenge #268 🕵️♂️
Among the given functions, logArg1() compiles successfully, but logArg2() faces compilation errors 🚨
Can you pinpoint the issue with logArg2()? 🔍
Solidity Challenge #263 🕵️♂️
In the example below, the contract changes the value of the 'deliveries' variable by 8 bits to include the status in the same variable.
Is there a risk of overflow in this scenario? 🤔
Solidity Challenge #259 🕵️♂️
Pick a castle defense strategy (abstract contract) from the three options and tell us why you'd implement it in your fortress 🏰
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
Binance is no longer a baby. It is time for me to let it walk and run. I know Binance will continue to grow and excel with the deep bench it has.
I’m pleased to announce that @_RichardTeng, our now former Global Head of Regional Markets, has been named the new CEO of Binance today.
Richard is a highly qualified leader and, with over three decades of financial services and regulatory experience, he will navigate the company through its next period of growth. He will ensure Binance delivers on our next phase of security, transparency, compliance, and growth.
Prior to joining Binance, Richard was CEO of the Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM); Chief Regulatory Officer of the Singapore Exchange (SGX); and Director of Corporate Finance in the Monetary Authority of Singapore.
With Richard and the entire team, I’m confident that the best days for @Binance and the crypto industry lay ahead.
As a shareholder and former CEO with historical knowledge of our company, I will remain available to the team to consult as needed, consistent with the framework set out in our U.S. agency resolutions.
What’s next for me?
I will take a break first. I have not had a single day of real (phone off) break for the last 6 and half years.
After that, my current thinking is I will probably do some passive investing, being a minority token/shareholder in startups in areas of blockchain/Web3/DeFi, AI and biotech. I am happy that I will finally have more time to spend looking at DeFi.
I can’t see myself being a CEO driving a startup again. I am content being an one-shot (lucky) entrepreneur. Should there be listeners, I may be open to being a coach/mentor to a small number of upcoming entrepreneurs, privately. If for nothing else, I can at least tell them what not to do.
On that note, I am proud to point out that in our resolutions with the U.S. agencies they:
- do not allege that Binance misappropriated any user funds, and
- do not allege that Binance engaged in any market manipulation.
Funds are SAFU!
With that, I look forward to seeing the new leadership take the reins. Please join me in congratulating Richard on his well-deserved promotion.
Onwards!
CZ
@fatfabfeminist@lexbyanyname @miyasandry The algorithm of Tiktok is completely different with Twitter. It doesn't thrive on hashtags so it doesn't bury or cover any of the important stuff
@fatfabfeminist@lexbyanyname @miyasandry It's a small amount but the point is it reaches people who are otherwise completely unaware of the situation in Gaza. Each time a big creator uses the filter it reaches a whole new group of people.