Dcmini

Challenges of fully on-chain identity:1. scalability: need block space for saving identity data2. Interoperability: hard for cross-chain verifications as SBT is not transferrable3. privacy: data on-chain is not private by default

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

11.Coinbase 正在走向加密原生，而 FTX 正在远离加密原生，所以 Coinbase 会是 Crypto 的赢家，而 FTX 可能是其他市场的赢家。

3.我认为这很有可能是加密货币的最后一个周期。因为上一个周期比特币从大约 1200 到 20 000，大约增长了 20 倍，而这个周期从 20 000 到 60 000，增长了 3 倍。增长的幅度要比上一个周期小得多。我认为加密货币未来很可能会像纳斯达克一样交易。但从周期来看，它最终可能变成与其他风险资产一样的交易模式。

10.很多创始人太沉迷于数字之流。他们关注 Discord 人数、Twitter 粉丝数量。这些都是最糟糕的虚荣心在做怪，我要求创始人忽略这些数字，因为通常质量比数量更重要。

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

The modern financial system is a market for promises that involve large degree of trust. Human systems are incapable of executing all promises due to interests and goals that could go against them. The inability to commit to promise enforcement limits the set of promises that can be made. And this is the fundamental problem that blockchain as an al... See more

Easy-to-understand explanation for PoS and PoH on Solana with examples