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Blockchain Dynamics Reference - January 22, 2024 (Early)

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Post time 6-2-2024 16:24:38 | Show all posts |Read mode
1. Reportedly, the Bitcoin Layer2 project SatoshiVM released a statement indicating that its yellow paper is public, inviting everyone to study their concepts and architecture. Concerns were raised about similarities between some images in our white paper and the Scroll protocol. Almost all Layer 2 architectures are quite similar, but their implementation logic differs. We implemented our architecture based on the logic in the SatoshiVM yellow paper, and the architectural diagram was indeed inspired by Scroll.

2. Reportedly, the crypto wallet MetaMask is collaborating with Consensys Stake, indicating a willingness for users staking at least 32 ETH (currently valued at around $80,000) to run an Ethereum validator node. MetaMask currently promises an annual yield of about 4%, then charges a 10% fee. The company notes that due to the inherent random chance of selecting any given validator to add a block to the network, this yield may increase or decrease. MetaMask also provides collective staking services through popular providers Lido and Rocket Pool, but the currently advertised rewards are lower at 3.53% and 3.14%, respectively.

3. Reportedly, according to Coingecko data, the total market capitalization of stablecoins has reached $135,324,398,101, with USDT accounting for 72.06% of the total stablecoin market cap. The market cap of USDT is $94,849,456,811, with a 4.2% increase in the past 30 days. USDC ranks second with a market cap of $25,772,818,343, showing a 4.2% increase in the past 30 days. DAI ranks third with a market cap of $5,167,699,976, experiencing a 2.3% decrease in the past 30 days, while FDUSD ranks fourth with a market cap of $2,618,979,638, showing a 45.9% increase in the past 30 days.
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Post time 6-2-2024 16:31:53 | Show all posts
Wallets are generally chosen based on trust.
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Post time 6-2-2024 16:35:23 | Show all posts
It's essential to choose a wallet with strength for transactions.
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Post time 6-2-2024 21:16:24 | Show all posts
Using USDT may reduce the risk of freezing.
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Post time 6-2-2024 21:23:06 | Show all posts
Understanding the dynamics of the entire blockchain is not an easy task.
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