Inscriptions have taken down multiple chains and caused huge gas spikes over the last couple of days.
Why?
Because those chains are not scaling smart, and are not designed for scalability from the ground up.
And most importand, they are not properly secured…
That’s all.
Inscriptions have taken down multiple chains and caused huge gas spikes over the last couple of days.
However, very few people actually understand what's going on.
Here's a simple explanation of inscriptions - how they work and why they're being spammed everywhere 🧵:
😎Big News for Polkadot😎
The CME CF has introduced a New York Reference Rate for DOT, giving it a trusted daily benchmark price aligned with U.S. market hours.
cmegroup.com/markets/crypto…
This is the kind of infrastructure that’s already helped BTC and ETH go mainstream. 🧠
It's funny how suddenly everyone is bullish on DOT again.
Just 1 month ago most people were saying that Polkadot and DOT were dead and this entire bull market would "skip DOT"
Now, with Join-Accumulate Machine (JAM), set to redefine blockchain scalability and performance,
It's funny how suddenly everyone is bullish on ETH again
Just 1 month ago most people were saying that Ethereum and ETH were dead and this entire bull market would "skip ETH"
This place is a circus
While giants like #Coinbase and #Kraken are grappling with SEC lawsuits, Polkadot glides through with its innovative governance model.
$DOT holders are again safe & sound!
This isn't just luck; it's strategic🧠
Why #DOT isn't on the SEC's radar?
Find out in this thread👇
This complaint against Kraken feels like the same thing as the Coinbase suit to me. Notably, heres another list of digital assets that the SEC is claiming to be securities. There's 16 cryptos explicitly listed here including Solana, Cardano & Algorand.
Astar's @AstarNetwork ecosystem has been growing rapidly🚀
Today, #ASTAR TVL reaches $500M ($475M: #Staking, $25M: #DeFi)
Thank you everyone for being a part of #Astar ecosystem. Community is the Key to success and organic growth
Let's #build2earn and create #Web3 together💎
Is Ethereum Just Playing Catch-Up?
It was a seemingly ordinary moment at ETH Prague 2024. @gavofyork handed over a gray paper to @VitalikButerin
But look closer👀This isn’t just any document. It’s the blueprint for Polkadot’s JAM chain, a vision Gavin has nurtured for years.
I’m proud to announce that I was selected to Decebtralized Voices for Polkadot , along with other great contributors like @ChaosDAO@Polkadotters1@saxemberg and others.
This is a huge responsibility but I’m ready to take. See You on the OpenGov
We are excited to announce the first round Decentralized Voices delegates, consisting of seven #Polkadot delegates and six #Kusama delegates 🗳️ medium.com/web3foundation…
Some of You may be already familiar with @standarddefi but If You are somehow not, check what is coming from this #MultiChain#protocol for #synthetic assets. Standard Protocol is coming with lots of goodies for #Dotsama#Defi degens. Check this thread to know what to expect…