Sidney Peg

@sidneypeg

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Whether Squirrel 🐿️ is a person or a dog depends on the H2 level line. Do you think he is a person or a dog?

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📈BTC is about to reach 100,000, and the public chain ecology related to BTC is also flourishing. Recently, Side Protocol @SideProtocol released a white paper, dedicated to building a Bitcoin "on-chain bank". Let me briefly introduce this project to you! 📖 💡What is Side Protocol? Side is a high-performance PoS public chain with native Bitcoin lending function. It is the first PoS public chain that can support Bitcoin address format and wallet signature. The public chain itself is based on the Cosmos technology stack and adopts the dPoS consensus mechanism. Side achieves high TPS and fast transaction final confirmation. Its smart contracts run on the Wasm virtual machine, which greatly reduces the common vulnerability risks of traditional Ethereum contracts. It currently supports interoperable protocols such as IBC, Wormhole, and Axelar.

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Side's usage scenarios are similar to banks. With lending as the core, it unlocks the full financial potential of Bitcoin and is also known as Bitcoin's "on-chain bank". Side's lending product is a self-hosted liquidity lending protocol. The core DLC of its infrastructure is a Bitcoin smart contract framework based on an oracle. DLC allows conditional payments to be executed based on off-chain events without the need for third-party custody of funds. DLC uses cryptographic techniques such as multi-signature transactions, hashed time lock contracts (HTLCs), Schnorr signatures, and Adaptor signatures to ensure user rights while achieving security and non-custodial nature.

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This kind of fall is called a spiral death fall. It falls unilaterally. It falls after rebounding and it also falls after sideways. Are there any people who are still stubborn here? $EYE If a meme coin contract exchange is launched, it should be very popular, even options are fine! You can't short this kind of meme coin and make less money😂

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碎碎念：调了一些仓位去A股，果然亏了一些不负我~ 看好Meme和Sui生态爆发，RWA生态埋伏中，其他概念随缘生长~

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The deep thinking from the boss of Jocy, a top fund in Asia, is very touching: 1. It is a good thing for VC to support projects, but the extremely long lock-up period makes them passive. In the long run, what can support the industry and high-quality projects? 2. The development dilemma of ETH does reflect the dilemma of the industry. 3. Jocy calls on projects to consider real users and use cases. We look forward to the efforts of industry giants such as iosg and Binance to promote the emergence of low-valuation and high-use case projects.

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韭菜们今年各个阶段心路历程： 1-3月份：人人心怀大志，一定要在牛市中作一番大事业，定下了宏伟的目标，有人订下了今年赚500万，1000万，5000万，一个亿的目标。 4-7月份：几个月的震荡，大多数人已经迷失方向，曾经的雄心壮志开始动摇，有的人开始想着怎么回本，有的人开始想着怎么退圈，有的人开始下海，有的人。。。。 8-9月：市场跌跌不休，大多数人精神开始恍惚，很多人亏的已经不想发言，社群也失去了往日的热闹，什么十倍百倍都不想要了，只想着输的可以回来，然后离开币圈。 10月：当所有人心灰意冷的时候，行情旱地拔葱，悄然而至，有人的没有了资金，有的人有资金不敢上车，只有极少的一部分人迟到了涨幅，这就是币圈的九一定律！

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