Interested in a summary of the above diagram ? Just check this 👇
But now everyone is waiting on the #Shanghai upgrade planned in mar-23 that will allow withdrawal of staked $ETH
What are the niches @VitalikButerin is bullish about ?
- #RWA backed stablecoin
- #defi prediction markets (futures, betting, parimutual)
- Decentralized Identity
- #DAO
- Dapps using that are both off & on-chain
#bridges: Resulted in more than $1.3 billion stolen in 2022
=> cross-chain bridges is not safe
=> Security shall be done on the base layer such as:
- EVM: Ethereum provides security layer to Rollups
- App Chain: Cosmos is the security layer
Interesting take on @solana on this these,the blockchain keeps improving :
- speed & node decentralization
- Mobile accessibility with a dedicated smartphone called "SAGA" where one can run Solana softwares
Saga plans to use @helium, he decentralized phone network focused on 5G
On the @cosmos blockchain side, ATOM 2.0 is on all mouths, despite gov rejected this proposal. If you want more info about it, check this thread done by @TheDeFinvestor
Instead of reading 168pages, here is a TL;DR of the most important things to learn 👇
But i added my 2cts on top of it !
I will summarize for you in this thread:
- Top 10 narratives & Investment themes
- Top 10 People to Watch
- Top 10 trends in #CEFI
- Top 10 trends in #Crypto policy
....
Give power to the users isn't that the purpose of Decentralization? Read this summary of @MessariCrypto#crypto theses for 2023
Let's dive in 🤿
I think the best part of @twobitidiot on this intro is this statement:
"We don’t need a 30th DEX AMM variant or another
10,000 image animal PFP collection. We do need tools that will ensure crypto truly cannot be shut
down"
Don't rely on centric organizations, what will work for ever on the blockchain shall be immutable such as @LiquityProtocol is doing with his $ETH backed stablecoin $LUSD.
This is the same thesis @synthetix_io is also following as part of their V3 deployment
#bitcoin cannot be integrated as a reserve currency or used widely due to its volatility. However, collateralized stablecoins coul play that role and be used as currency
"Bitcoin is big now, and its continued ascendance will be slow, but powerful."
Bitcoin mining : Production cost 15k-20k
Same issue as always, bitcoin mining is not environmental friendly.
Jan-22: 39% of energy was renewables
However we see new actors such as @KlimaDAO that help to purchase carbon assets and thus cancelling carbon foot print
#crypto regulation is the next big thing to come and imo could kick off the new bull market as new institutions/funds will come in, regulations should cover:
- centralized echanges
- stablecoin
- user/consumer protection
- privacy Vs auditability
@twobitidiot made a wonderful thread summarizing the above, i can only advise you to throw an eye to it