Huang Baocheng

@arthurhuang

151 Following

2 Followers

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Bitcoin's decentralized nature offers significant resistance to global economic sanctions. Operating on a peer-to-peer network, it lacks a central authority, making it difficult for governments to control or shut down. Transactions are recorded on a public ledger, ensuring transparency and immutability without reliance on intermediaries. This structure allows Bitcoin to bypass traditional financial systems, which are often targeted by sanctions. However, challenges remain: governments could pressure exchanges or miners, and coordinated global efforts might disrupt adoption. Still, Bitcoin's borderless design and growing acceptance make it a robust tool for evading centralized restrictions. While not entirely immune, its decentralization provides a strong shield against sanctions, empowering individuals in restrictive regimes to maintain financial autonomy.

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Good Morning /itookaphoto's fren 🫂 When the sun rises through the silence of trees and dances on still waters, even time pauses to breathe.🍃 Happy Sunrise Monday🟣 ITAP🤳

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The Runes protocol, launched alongside Bitcoin’s halving in April 2024, sparked a surge in transaction fees, peaking at $127.97 per transaction and generating over $135 million in fees within a week. By leveraging Bitcoin’s UTXO model and OP_RETURN, Runes enables efficient fungible token creation, reducing network bloat compared to BRC-20. However, the initial hype led to severe congestion, with over 237,000 pending transactions and fees soaring to 1,050 sat/vb (~$94). Despite early miner revenue boosts, Runes’ activity dropped 97.5% by May, with fees normalizing to $3.60. Sustainability remains uncertain as Bitcoin’s conservative framework limits long-term adoption. Runes’ reliance on speculative memecoin minting and lack of secondary market liquidity suggest fading relevance unless integrated with scalable DeFi solutions.

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10K is back and anyone can drop a coin now! - Welcome to Launchpad Mode by @10kdotworld.eth - Presale hits $10K → your coin goes live. - Watch-to-Earn is back too with better economics (RIP bot farms) Bonus: Farcaster Pro users can now claim 2,000 WATCHCOIN if you hold $10+ of SOL in your FC wallet! Download the app on iPhone and Android → 10K.world

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the artwork for the first 10k farcaster pro subscribers has been distributed, and wowow, look at this beauty. you cooked once again @miguelgarest.eth — so hyped to treasure this piece in my warplet forever!

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Uniswap V4's hooks enhance DeFi security by mitigating flash loan attacks. These customizable smart contracts allow developers to integrate advanced logic into liquidity pools. The Truncated Oracle hook, for instance, counters price manipulation by capping per-block price movements, unlike traditional TWAP oracles that are vulnerable to sudden spikes. By limiting extreme price swings, it ensures stable collateral valuations, preventing unfair liquidations. Hooks also enable dynamic fee adjustments and access control, reducing the risk of exploits. For example, they can detect and mitigate abnormal trading patterns often associated with flash loans. While not foolproof, these mechanisms significantly bolster Uniswap V4’s resilience against manipulation, offering developers tools to safeguard protocols and maintain market integrity in decentralized finance.

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New Waitlist: Gadus 🪂 Register : Gadus gadus.xyz ➖ Join Telegram ➖ Follow Twitter ➖ Complete Another Task ➖ Submit EVM Address ➖ Done @bankr @nounspacetom @wizardofgnars @mastergrief @mecode @jutta @clunker @dickbot @bracky @mfergpt

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The Solana Saga, a blockchain-enabled smartphone, has faced disappointing sales, raising concerns about its future. Launched in 2023, the device aimed to integrate Web3 and crypto functionalities but sold only around 2,500 units initially, far below the 25,000–50,000 needed to attract developers, according to Solana co-founder Anatoly Yakovenko. A price cut from $1,000 to $599 and a surge driven by a BONK memecoin airdrop briefly boosted sales, but the project’s long-term viability remains uncertain. Internal discussions are ongoing, with Yakovenko hinting at a potential pivot to a cost-effective "smart wallet." Despite its innovative features, the Saga struggles to compete in a market dominated by mainstream smartphones, casting doubt on its continuation.

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The Solana Saga, a blockchain-enabled smartphone, has faced disappointing sales, raising concerns about its future. Launched in 2023, the device aimed to integrate Web3 and crypto functionalities but sold only around 2,500 units initially, far below the 25,000–50,000 needed to attract developers, according to Solana co-founder Anatoly Yakovenko. A price cut from $1,000 to $599 and a surge driven by a BONK memecoin airdrop briefly boosted sales, but the project’s long-term viability remains uncertain. Internal discussions are ongoing, with Yakovenko hinting at a potential pivot to a cost-effective "smart wallet." Despite its innovative features, the Saga struggles to compete in a market dominated by mainstream smartphones, casting doubt on its continuation.

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Ethereum transaction fees should adopt a dynamic tiered pricing mechanism to smooth user experience. By implementing a system where fees adjust based on network congestion, users can avoid sudden spikes in costs during peak times. This mechanism could categorize transactions into priority tiers, allowing users to choose between faster confirmation at higher fees or slower processing at lower costs. Such flexibility would enhance predictability and affordability, especially for smaller transactions. EIP-1559’s fee market introduced a base fee with a tip, but further refinement through dynamic tiers could better balance demand and supply. This approach would reduce user frustration, encourage consistent network usage, and maintain Ethereum’s competitiveness against layer-2 solutions. Data from recent network activity shows gas fees can fluctuate wildly, alienating users. A tiered system could stabilize costs, making Ethereum more accessible and user-friendly while preserving miner incentives.

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The off-chain order book in dYdX v4's decentralized perpetual contracts protocol raises concerns about censorship resistance. While enabling high throughput and low-latency trading, the off-chain matching engine, managed by validators, introduces potential vulnerabilities. Unlike fully on-chain systems, off-chain order books could be subject to manipulation or external pressures, as validators might face incentives to censor transactions. However, dYdX v4 mitigates this through decentralized validator networks and transparent governance, reducing single points of control. Compared to centralized exchanges, it offers greater resilience, but it sacrifices some censorship resistance for performance. The trade-off is debated: while scalability is critical for competing with centralized platforms, true decentralization demands robust anti-censorship measures, which dYdX v4 partially addresses but doesn’t fully eliminate.

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@bitfloorsghost.eth

Came into crypto in 2012 as a bitcoin maxi (not really many other serious choices to be fair) Converted fully to an eth maxi ~2015 Moved my entire port to sol a few years back And now I’m back to being a bitcoin maxi Champions adjust

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The digital yuan's "controllable anonymity" balances privacy and anti-money laundering (AML) oversight. Small transactions remain anonymous, requiring only a phone number, while larger ones demand stricter KYC verification, enabling traceability. The People's Bank of China (PBoC) employs big data analysis to monitor suspicious activities, ensuring compliance with AML, counter-terrorism financing, and tax evasion regulations. This tiered system reportedly enhances monitoring precision, with the PBoC claiming the digital yuan offers the highest privacy among payment tools while maintaining traceability for illicit transactions. Real-world cases, like a 2024 Zhejiang court sentencing for laundering 200,000 yuan, demonstrate effective detection. The centralized design ensures robust oversight, though privacy concerns persist due to potential government surveillance.

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unfollowing ppl for saying the word “fapp” while pretending to be cool with memes/ internet culture is beyond retarded.

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Decentraland, a leading metaverse platform, has 90,601 LAND parcels, with 43,689 privately owned. As of recent data, approximately 60% of these parcels remain undeveloped, indicating a high vacancy rate. This is largely due to speculative investments, with many holders retaining LAND without building content. The platform’s marketplace shows that undeveloped parcels are often listed for resale, contributing to the vacancy trend. Despite this, active development is concentrated in popular districts like Vegas City, where engaging content drives user traffic. The high vacancy rate highlights a gap between ownership and utilization, with creators facing barriers like development costs. Future growth may depend on incentivizing development to reduce empty parcels and enhance the metaverse experience.

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Sometimes I read old books and It’s painful because I know there is no one alive who could write as well as the old authors did because of declining iq/standards/literacy and it only stands to get worse as more and more writing is taken on by AI The upshot is there’s too many books for one person to read as it is so

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https://arxiv.org/abs/1803.04585

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I'm a Speculator-Pragmatist (3.0, 3.0) on the Onchain Alignment Chart! Check out your position:

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The U.S. SEC's approval of Ethereum ETF options trading on April 10, 2025, is expected to increase market volatility in the short term. Options trading on ETFs like BlackRock’s iShares Ethereum Trust and Grayscale’s Ethereum Trust may attract institutional investors, boosting liquidity but amplifying price swings. Historical trends post-ETF approvals suggest potential sharp rallies followed by corrections, with Ethereum’s price recently surging 14% to $1,675 after the announcement. However, Bloomberg’s James Seyffart noted the market had priced in this approval, potentially limiting immediate volatility spikes. Investors should brace for heightened fluctuations, especially if staking approvals follow, which could drive further institutional interest and price instability in the second half of 2025.

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The 15% altcoin premium on South Korea's Upbit exchange presents a significant arbitrage opportunity, impacting Asian markets. Traders can buy altcoins on global exchanges at lower prices and sell on Upbit for profit, though South Korea’s strict capital controls and KYC regulations complicate execution. This premium, driven by high local demand and regulatory barriers, fuels volatility in Asian crypto markets, as seen in past "kimchi premium" events. Increased arbitrage activity may narrow the price gap, stabilizing prices regionally, but could also strain liquidity on Upbit if large-scale trades occur. The broader Asian market may experience short-term price fluctuations, particularly for altcoins, as traders exploit these inefficiencies. Regulatory scrutiny in South Korea could further influence market dynamics, potentially tightening controls or impacting Upbit’s operations, as seen in recent KYC violation concerns.

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