Pinned
⟠
15.6K posts
⟠
@ryanberckmans
Ethereum community member and ETH investor
Joined April 2012
1/ BREAKING: Solana to shut down its consensus layer and settle on Ethereum 👇- How it started: "Never sell your Bitcoin" - Saylor How it's going: "We may be required to sell bitcoin to satisfy our financial obligations, and we may be required to make such sales at prices below our cost basis or that are otherwise unfavorable" - Saylor (per 8-K today)Readers added context they thought people might want to knowReaders added contextThis post is highly misleading, and the quote is taken out of context. The quote is part of what is known as a "Risk Disclosure" in the 8K. The quote is in the section describing possible actions should they become unable to service their debt. It's not an actual plan sec.gov/ix?doc=/Archiv…
- Yesterday, ethereum did $89M in transaction fees, the most ever in one day. That's an annual run rate of $32.5B in fees. EIP-1559 is estimated to burn ~70% of fees and would have burned $62M in ETH yesterday. EIP-1559 launches in a little over two months.
- Stablecoin legislation has been drafted in Congress I read the bill. TL;DR decentralized stables become illegal in the US (DAI, LUSD, RAI, etc. become illegal🚨) while centralized stables, defi, Ethereum, and ETH win big. High-level summary⬇️ - decentralized stables become
- Snowden: Solana is centralized Fact check: Mostly True ✅ Sol prefers 10GBit/s upload. <1% has this. It's a data center chain. Sol has 1 full client, no spec. It's more of an app than a protocol. Validators pay lots to vote. In ~2.5yr, ~$1.2M stake to break even. Centralized!
- There'll be one global backbone - Ethereum Ethereum is the backbone of the new global financial system of L2s and L1 apps. No other chain will come close. Mert suggested that Sol can pivot to being the backbone. But Solana will never be the backbone. Here's 5 reasons why. Four
- Amazon took 24 years to reach $10B in annual net income. Google took 13 years. Ethereum is on track for 7.5 years.
- "ETH is the native asset on Arbitrum, and fees will be paid in ETH on L2." Sounds like money to me. And a productive asset. Congrats, Arbitrum! Thanks for using ETH, we love you for it.
- Last night in discord, this guy is panicking trying to top up his Solana-based margin account. I see him post several times over about an hour. He's begging and slamming txns through on his wallet. Solana wouldn't process them at any fee. He got liquidated. Truly sad and not ok
- Alibaba ($290B public company) subsidiary announces Eth L2 - evm compatible proprietary codebase (they built their own L2 tech stack) - dual L1 proofs using zk and TEE - public L2 anyone can use - launch Q3 2025 ETH corporate L2 thesis is playing out
- 1/ Announcing our report, "Ethereum: A Store of Value with Cash Flow" A PDF report aimed at bankers and fund managers. Read the report now ⬇️ ethereumcashflow.com
- imo, the era of ETH has truly begun We're seeing a huge positive shift in ETH investment climate. This time is different🧵
