You know what day it is? It's #ProofOfSTEPN day!!
1️⃣ Like + RT
2️⃣ Post your STEPN or STEPN GO run (min 2 Energy) using #ProofOfSTEPN
3️⃣ Run date should be between August 5–8
🎁 We’ll pick 2 lucky winners (1 on STEPN, 1 on STEPN GO) to score a STEPN GO Shoebox!
⏳ Deadline: August 8th, 8 AM UTC
Good luck 👟
@PrimordialAA Please check my main account:
0xeda8aed9a594055b52b86007d6bb004cdf0f9011
I am a big fan of Stargate with plenty of liquidity pools and regular use, and I have spent around 700$ in fees. I am totally against about sybils, and I can assure I am just one person with a normal use.
🚨 10 GENESIS Sneakers GIVEAWAY 🚨
Yes, you read that right… we are giving away 10 Genesis Sneakers to celebrate our upcoming #STEPN Townhall!
@shitirastogi, @yawn_rong, and @Jerry10240 have a very important announcement to address, so make sure to mark your calendar 👀
📅 May 23, 10 AM UTC
🔗 https://t.co/4D3DdIUgP7
How to win 1 of the 10 Genesis Sneakers:
👉 Like, RT, and tag 3 friends
👉 Follow @Stepnofficial and @fslweb3
🏆 10 winners will be randomly picked from the listeners
See you next week!
🚨 10 GENESIS Sneakers GIVEAWAY 🚨
Yes, you read that right… we are giving away 10 Genesis Sneakers to celebrate our upcoming #STEPN Townhall!
@shitirastogi, @yawn_rong, and @Jerry10240 have a very important announcement to address, so make sure to mark your calendar 👀
📅 May 23, 10 AM UTC
🔗 https://t.co/4D3DdIUgP7
How to win 1 of the 10 Genesis Sneakers:
👉 Like, RT, and tag 3 friends
👉 Follow @Stepnofficial and @fslweb3
🏆 10 winners will be randomly picked from the listeners
See you next week!
🚨 10 GENESIS Sneakers GIVEAWAY 🚨
Yes, you read that right… we are giving away 10 Genesis Sneakers to celebrate our upcoming #STEPN Townhall!
@shitirastogi, @yawn_rong, and @Jerry10240 have a very important announcement to address, so make sure to mark your calendar 👀
📅 May 23, 10 AM UTC
🔗 https://t.co/4D3DdIUgP7
How to win 1 of the 10 Genesis Sneakers:
👉 Like, RT, and tag 3 friends
👉 Follow @Stepnofficial and @fslweb3
🏆 10 winners will be randomly picked from the listeners
See you next week!
🎉 StakeVaultNetwork is hosting an #airdrop for $SVN tokens, open to everyone! 🚀
🪂Rewards range from $15 to $1000.
To participate:
1️⃣ Enter your $TIA address on our checker
2️⃣ Submit your ERC receive address & email
3️⃣ Follow us on Galxe, join Telegram
4️⃣ RT the campaign post
Don't miss out!
Ends April 30th.
Claim starts May 1st.
Join now: https://t.co/4J9A2Nxjlz
How to avoid high gas fees on L1:
Don’t use the L1, withdraw directly on L2, and then use https://t.co/kwqhS7VbqH and https://t.co/qIHYnv7R7B to go anywhere u want and do whatever u want for near zero fees.
Wanna buy warp? Withdraw usdc on base from coinbase, use refuel to buy 0.1$ of eth. Voila.
You distorted facts and omitted flaws and unfavorable fundamentals of the Bitcoin network.
Let’s set the record straight:
1. Pre-mine:
ETH was pre-mined, but only a small percentage of that is still retained by founders.
BTC was not pre-mined, but its monetary policy was designed to distribute the most coins at a time when information asymmetry was at its highest, which heavily benefited Satoshi and provided him with the equivalent of seigniorage.
Result: Vitalik holds less than 0.3% of ETH's supply while Satoshi holds almost 5% of BTC's.
2. Breaking Immutability
ETH’s protocol was never hacked. DAO was a smart contract that got compromised. That hack was resolved by an irregular state change that overrode the compromised smart contract to prevent the attacker from stealing deposits.
BTC has rolled back the chain twice, but you conveniently did not mention it. Both times the rollback was needed because of protocol level bugs.
BTC rollback #1 (2010):
https://t.co/addvOxvhd6
BTC rollback #2 (2013):
https://t.co/4wqvQ5lnwO
Result: not only has BTC compromised immutability more times than ETH, rolling back the chain caused mining rewards to be redistributed.
3. Changing Monetary Policy
ETH has changed monetary policy three times. Each time the issuance has been reduced, and these changes were only possible via client consensus. EIP-1559 introduced a mechanism that automatically adjusts issuance based on network fee revenue.
More info here:
https://t.co/O68LB5HcEM
BTC has never changed its issuance schedule, but the network is still heavily reliant on the issuance subsidy for financing miners. 94% of miners' rewards were financed by issuance over the past 24 hours, and within the past couple of years there were times when issuance accounted for more than 99% of rewards.
Result: ETH has reduced issuance at a much faster rate than BTC. ETH is the only major network that has achieved economic and security sustainability, turning $ETH into a yield-bearing deflationary asset. BTC needs new market entrants to sustain its current economic security.
4. Regulatory clarity
CFTC and SEC officials have referred to $ETH as a commodity. ETH has futures ETFs and many pending filings for spot ETFs (including from Blackrock). Spot ETFs are expected to be approved and Ethereum will achieve regulatory parity to Bitcoin.
5. Extras
ETH has 100% historical network uptime.
BTC does not.
ETH has a viable scaling solution via rollups.
BTC's Lightning Network is a failed experiment.