Let's run through some August 22' report highlights and see if we can find any alpha. 📰
2/ You're probably sick of hearing about it at this point but the Merge is just days away.
For all of our speculatoooors out there, $ETC price has typically been driven by major upgrade news in the past.
3/ Centralization came into focus after the @TornadoCash sanctions.
While chokepoints still exist across the infrastructure stack, the Proof of Physical Work token distribution method provided by Web3 infra could be the next catalyst to spark a bull.
+Endpoint Node Networks (ENNs) connect the CCN with users, applications, and Service Chains
+Service Chains allow apps and enterprises to have their own execution environment
3/ Like many other alt-L1s, @klaytn_official activity did not take off until the second half of 2021.
During this period, Klaytn’s circulating market cap (i.e., network value) also increased to as much as $4.75B, ranking it 40th among all cryptocurrencies.