Tag: tvl

Scroll's Euclid: Giant Leap or TVL Tumble? The Stage 1 Paradox

Scroll's Euclid: Giant Leap or TVL Tumble? The Stage 1 Paradox

Scroll, an Ethereum L2 network, recently completed its “Euclid” upgrade, a major step in its journey to becoming more decentralized and performant. Rather, this upgrade implemented a new snarky 7-layer proving system, with the intention of increasing network throughput and security. With this upgrade comes the addition of a 6th...

Scroll's TVL Plunge: Is This 'Biggest Leap' a Giant Faceplant?

Scroll's TVL Plunge: Is This 'Biggest Leap' a Giant Faceplant?

Scroll's Euclid upgrade: "Biggest Leap Forward!" they scream. A financial portfolio? Far from it. Almost the most biggest leap backward down a financial cliff. Tired of getting Euclid-ed right outta your ETH like the rest of us?Is Stage One Really Number One?Alright, Scroll, let’s dig into this “Stage 1 Rollup”...

Scroll's TVL Tank: Airdrop Dump or Deeper L2 Problem?

Scroll's TVL Tank: Airdrop Dump or Deeper L2 Problem?

Let's face it, the timing is suspect. Scroll’s TVL plummeted immediately after the SCROLL token airdrop snapshot. The knee-jerk reaction? Airdrop farmers, pure and simple, dumping their bags and running to the next honey pot. But is that really the whole story? I believe it’s really lazy analysis to just...

Further Reading

Vitalik's RISC-V Vision: Ethereum's 100x ZK Proof Boost?

We all have to adapt Ethereum, the world’s most popular blockchain platform, is under an unprecedented strain. Scalability One of the primary areas of focus, is the scalability. This dimension highlights the need to process a higher and larger number of transactions in a speedy, user-friendly manner. Vitalik Buterin, the...

Ethereum's Demise? Hoskinson's Bold 10-Year Prediction Analyzed

Like much of the crypto world, the opinions are varied and robust. For example, founder of rival blockchain Cardano Charles Hoskinson is not afraid to make big predictions. Recently, he's been vocal about his doubts regarding Ethereum's long-term success, even going so far as to question its fundamental protocol and...

Vitalik's RISC-V Dream: Will Ethereum Become the Ultimate Meme Machine?

Okay, let's be real. When Vitalik starts explaining why instruction set architectures are the least important thing in a computer, we all, myself included, tune out. And just hear me out on this one! This RISC-V technology might be just the thing to unlock Ethereum’s full potential. It’s not only...

Ethereum's Dying? NFTs Say Hold My Beer (and My JPEG)

Meet the guy who believes Ethereum’s one foot in the grave. Okay, boomer blockchain. While the Cardano founder’s been busy making pronouncements from his digital throne, the NFT community's reaction is less "panic" and more "is this guy serious?"Let’s face it, this is not the first time anyone has announced...

Hoskinson's Ethereum Prediction: 3 Fatal Flaws or Just Crypto Rivalry?

Speaking of grenades, the other Charles—Hoskinson—tossed another one into the crypto pond, making a dramatic prediction that Ethereum will die in 10-15 years. Is he really a visionary, or is this the pot calling the kettle black? In the spirit of vigorous skepticism, let’s take apart his case. After all,...

Ethereum's RISC-V Gamble: Genius Move or Just Another Blockchain Pipe Dream?

Vitalik’s RISC-V proposal…that’s the equivalent of betting the farm, right? We're talking about ripping out the engine of a Formula 1 car while it's still racing and replacing it with something...potentially faster. The promise? A 100x speed boost for zero-knowledge proofs. A hundred. Now that’s the kind of number that...

Bitfinex Boosts USDT Transactions: Optimism Integration Explained

Bitfinex just released a game-changing announcement! The largest digital asset exchange by trading volume is beginning to offer USDT (Tether) deposits and withdrawals across the Optimism network. This move dramatically increases transaction speeds and reduces costs for users. It maximizes the full benefits provided by layer-2 scaling solutions. For those...

Bitfinex's USDT0 Move: 3 Reasons Why It's a Trojan Horse

Bitfinex integrating USDT0 on Optimism? On the face of it, this appears to be an unequivocal win – one more step towards faster, cheaper transactions available to everyone. Anoush Bhasin, Head of Listings at Bitfinex, says produce USDT0 is “innovative,” and who am I to disagree with innovation? Before we...