Happy birthday to Ethereum!

The default association after typing G this morning has been exposed Now I visit @grok more frequently than @Google 😂No wonder search engines are so worried about AI

I'll also keep an eye on this. I'll open a separate thread to talk about the ideas and implementation of the expansion of the optimum double0 and other propagation layers.

Welcome to the comment area, I will reply

Cc @Solana_zh @solana

I often study dreams I have summarized several common dream templates One is that I dreamed that electronic products were broken, including but not limited to: The phone could not dial the number, could not access the Internet, could not find the result after searching, could not turn on the computer after trying hard... etc., and then I was anxious beside the person. I explained that the brain is really not as good as the computer, so it really can't simulate the result. As a result, yesterday, I dreamed for the first time that I couldn't run the picture with AI 😂 It just couldn't load it after all. AI has entered my subconscious. I saw Blade Runner before and it said, will cyborgs dream of bionic sheep? I, a physical person, have already started dreaming😂

I saw the news @yalaorg that Yala's TGE will be held next week, just when Bitcoin has just reached a new high, Bitcoin and Bitcoin are climbing to new heights, liquidity is abundant, and sentiment is Fomo. Looking back, Babylon's TGE was accidentally held in mid-April, which was the only time Bitcoin fell below 80K this year. It's really fate and time. Someone once asked what the difference is between the two BTC Fi. Today, I'm going to open a post to talk about it on the eve of TGE. First, it's the implementation method of the protocol. Babylon will have its own independent L1 in the future, using Bitcoin collateral as an additional security guarantee, and its status is somewhat similar to that of Bitcoin sidechains. Specifically, $BABY holders will run PoS nodes and be responsible for block generation; while Bitcoin collateralists are responsible for verification and final signatures. The advantage of this is that independent L1 has faster performance and greater freedom. Yala, on the other hand, directly uses Ethereum as the settlement layer and will not issue its own chain, which is equivalent to a packaged version of Bitcoin. In this way, the chain security is guaranteed by Ethereum, and the bottleneck of protocol security is mainly concentrated on cross-chain bridges and multi-signatures. The advantage of this is that the use of Ethereum will obtain better compatibility, and obviously, product development will be faster. In addition, the product goals of the two are also different. After Babylon has its own L1, it will focus on DeFi, RWA and various applications like other public chains. The main focus is a big and comprehensive one. After Yala crossed BTC to Ethereum, it focused on the stablecoin track. It allows $YBTC to over-collateralize the stablecoin $YU (somewhat similar to ETH over-collateralizing DAI/USDS in MakerDAO), so $YALA specializes in stablecoins. Considering the recent smooth progress of the genius bill, it is also timely to take advantage of the east wind. Now more and more people realize that the killer applications of blockchain are actually - Bitcoin, Ethereum and stablecoins, and the applications built around them hope to add icing on the cake.

RT @amber_ac_: AI is affecting Web3. Will AgentFi be the core variable of the next wave? Tomorrow night, https://t.co/rCCOrOgAkO will join hands with industry alpha to have an in-depth discussion on "AgentFi: New Opportunities for Web3 Intelligent Economy under the AI Wave": Event Details🔽 Sun…

After the market suddenly improved, the original 10% financial management didn't seem so attractive anymore😂. The current account of USDT on OKX has reached 40%, which shows how aggressively everyone is adding leverage now. PS: The underlying of OKX's financial management should be spot leverage, which means that it is all used for lending. I put some money in and tested it, and this number is accurate.

However, judging from the highly praised comments in the comment area, it seems that there is still a long way to go in popularizing science 😂 For example, someone asked: Stablecoins can be issued at will, so can Geocentric Coins be issued to bind to the base currency? Someone asked: Do stablecoin companies take a large amount of money from everyone without interest for investment? In fact, both answers are very simple: Answer 1: Base currencies are indeed issued at will, but if your recognition is not good, it is a waste of time. If you really want to issue recognized base currencies, You need to have a large number of base trading enthusiasts. You need a very compliant institution to help you custody the base currency, but this is impossible. Answer 2: It is indeed interest-free, and the first half of the sentence is correct. The second half of the sentence is wrong. Stablecoin companies cannot invest at will, and can only hold highly liquid things such as cash and short-term US bonds.