I don’t know who wants to hear this, but looking at prices, graphs, rainbows, previous halvings etc is all, very obviously, astrology for men
Ultimately it all comes down to macro and belief
Benefits of having fully on-chain SBTs:Non-transferability of SBT would suggest that a permissionless blockchain consensus mechanism is not strictly necessary, as the only transactions involved would be the issuance, state updates, and verification of credentials. However, pure on-chain identity will make the integration with existing on-chain... See more
Alternative solutions:1. off-chain identity with on-chain anchoring - bahave like L2 solutions. Only use L1 chain for state change and settlement2. modified sharding - only a subset of network manages/verifies a subset of identities
Somehow, over time, the word ‘staking’ has been repurposed and redefined. Instead of receiving rewards for contributing to chain security with collateral at stake, modern “staking” just seems to mean idk we give you more coins as a reward if you don’t sell your current coins lol. In the example of the staking mechanism proposal for ApeCoin, staking... See more