17 mins. ago
DID YOU KNOW
Solana's liquidity layer Marginfi plans to launch “mrgnswap,” which would allow traders to instantly long as well as short newly created meme coins with leverage.
Solana's liquidity layer Marginfi plans to launch “mrgnswap,” which would allow traders to instantly long as well as short newly created meme coins with leverage.
45 mins. ago
🚨 Standard Chartered predicts that bitcoin could hit a record high in August followed by a rise to $100 ,000 by the US presidential election in November.
The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.
The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.
https://www.theblock.co/po...
The prediction from Mr Kendrick, head of currency and digital assets research at Standard Chartered Bank, hinges on Joe Biden remaining in the US presidential race.
The Standard Chartered analyst has modeled a "least likely" scenario in which Biden withdraws from the presidential race at the end of July, saying it could send the price of bitcoin falling to between 50,000 and $55 ,000.
https://www.theblock.co/po...
4 hours ago
Lately we have had:
🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin for three of its funds.
🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin to their clients.
🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.
🔹 A state pension fund invested in #Bitcoin .
🔹 Whales are massively buying #Bitcoin
🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.
🔹 ETFs #Bitcoin become the best performing ETFs of all time.
🔹 Several public companies acquire #Bitcoin .
🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin .
🔹 Microstrategy buys more #Bitcoin .
🔹 ETFs #Ethereum have been approved and will be available very soon.
🔹 Requests for an ETF #Solana are starting to emerge.
🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.
👉 After all this, some think that #Bitcoin will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.
The elites are simply buying up every #Bitcoin available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
🔹 BlackRock, the world's largest asset manager, has started buying #Bitcoin for three of its funds.
🔹 Morgan Stanley is about to allow its 15,000 brokers to recommend ETFs #Bitcoin to their clients.
🔹 Major investment banks such as JPMorgan, BNP Paribas and BNY Mellon have started buying Bitcoin.
🔹 A state pension fund invested in #Bitcoin .
🔹 Whales are massively buying #Bitcoin
🔹 Former US President Donald Trump recently expressed his support for cryptocurrencies.
🔹 ETFs #Bitcoin become the best performing ETFs of all time.
🔹 Several public companies acquire #Bitcoin .
🔹 Michael Dell, founder of Dell Technologies, recently tweeted at #Bitcoin .
🔹 Microstrategy buys more #Bitcoin .
🔹 ETFs #Ethereum have been approved and will be available very soon.
🔹 Requests for an ETF #Solana are starting to emerge.
🔹 Sony, the Japanese electronics giant, is preparing to enter the cryptocurrency market by launching an exchange platform with the acquisition of the Amber platform, renamed S.BLOX Co.
👉 After all this, some think that #Bitcoin will not go higher, that 73k is the ATH, and that the cycle is over. They just fall into the trap of manipulation.
The elites are simply buying up every #Bitcoin available. With each manipulation, some sell in panic, then they are automatically bought by the elites.
22 hours ago
Despite typically remaining impartial, Jupiter founder Meow has made his stance public regarding Jupiter DAO’s upcoming governance proposal to torch 3Billion $JUP tokens in historic community-driven move, hoping to “accelerate the meta and bring the entire world along into the decentralized world”.
The result of will have far-reaching implications for the Solana DeFi ecosystem.
The result of will have far-reaching implications for the Solana DeFi ecosystem.
1 day ago
We're still in the early days of bitcoin. With all the positive economic announcements around bitcoin, its acceptance as a currency, big whales buying through institutions.
History repeats itself again and again, the rich eat first, the poor eat last. For those here today in crypto, building a great empire while people around you are telling you to stop because it's dangerous, it's going to go 0
Of course, stay unemployed and we'll see who needs help in the not too distant future.
History repeats itself again and again, the rich eat first, the poor eat last. For those here today in crypto, building a great empire while people around you are telling you to stop because it's dangerous, it's going to go 0
Of course, stay unemployed and we'll see who needs help in the not too distant future.
1 day ago
Until you become truly exceptional, you will always be late.
Do you understand?
Do you understand?
2 days ago
Over 500 million NFTs have been minted on our solana blockchain, with the majority using the new compressed NFT standard.
▶️ Total NFTs minted: 520 million+
▶️ Total Collections: 100,000+
▶️ Total Collectors: 49 million+
▶️ Total NFTs minted: 520 million+
▶️ Total Collections: 100,000+
▶️ Total Collectors: 49 million+
2 days ago
So I’m disassociating myself with everybody who went to the Bucharest gay pride parade.
Instant block.
Instant block.
3 days ago
If you're a new trader, I recommend taking initials out at 2-3x
On top of minimizing risk, this teaches you to have a system in place
Once you understand your trading style, you can up the stakes
Trading systematically > Trading Emotionally
On top of minimizing risk, this teaches you to have a system in place
Once you understand your trading style, you can up the stakes
Trading systematically > Trading Emotionally
5 days ago
ETHEREUM
Him, on the other hand, makes me want to LONG so badly!
The location, its resistance against #Bitcoin and the news concerning a launch of ETH SPOT ETFs at any moment, make me bullish!!
But it's impossible for me to LONG with my negative bias on BTC. So I prefer to wait a little longer.
Many will call me a little pussy and I will respond: "It's impossible to buy the perfect bottom and sell the perfect top."
We have the time !!!!!!!!!!
Him, on the other hand, makes me want to LONG so badly!
The location, its resistance against #Bitcoin and the news concerning a launch of ETH SPOT ETFs at any moment, make me bullish!!
But it's impossible for me to LONG with my negative bias on BTC. So I prefer to wait a little longer.
Many will call me a little pussy and I will respond: "It's impossible to buy the perfect bottom and sell the perfect top."
We have the time !!!!!!!!!!
5 days ago
Daily Memecoin Recap - June 26
We never know how long a hot market will last
Take advantage of all opportunities
Political Coins
$vunce -> hit $682k , based on JDVance1
, potential for him to become Trump's VP
$debate -> hit $510k , realDonaldTrump vs POTUS
debate is tomorrow
Amber Rose Launching Soon
$amber -> hit $685k , DaRealAmberRose
, she has NOT launched yet
$muva -> hit $510k
- Fake coins coming out
- People are speculating that her coin might have already launched
- Important to note, $jason was rugged by Sahil & Jason Derulo then "CTO'd" that coin
- People are now waging that the same playbook will be ran by other influencers
Jason Derulo Engages with Crypto Twitter
$jason -> $11 .5m to $36 .8m (3.2x),
$ice -> hit $500k , Jason's Dog
Influencer Coins
$lilpump -> $2 .32m to $5 .5m (2.37x), coming back to life as
lilpump tries to push it $faddy -> hit $1 .6m,
Cat Memes
$sc -> $325k to $5 .4m (13.23x)
$bobby -> hit $3 .3m, good CTO team
$gloop -> hit $2 .3m, instantly ran to millions after migrating to raydium
$ichi -> hit $595k , when you search "cat", this is the first one to pop up on Google, CTO
Moni Secures a Gotbit Partnership
$moni -> hit $17 .1m, bird meme,
Hawk Tuah Still Alive
$HawkTuah -> $5 .29m to $15 .5m (2.93x),
elonmusk posted a picture of a hawk
More Cooks
$bucky -> $4 .5m to $24 .5m (5.44x), good team
$gol -> $465k to $5m (10.75x), dead coin came back to life
$zaza -> $590k to $2m (3.39x), slowly climbing towards ATH
$sprite -> $400k to $1 .1m (2.75x), "McDonald's Sprite"
$gond -> hit $1 .8m
$ily -> hit $970k , CTO on an old coin
$saudi -> hit $808k , "Saudi Habibi"
$ham -> hit $800k , "first ape on the moon", launched on
dexscreener's moonshot
$cart -> hit $735k , Target Cart Basket
Remember to prioritize risk management at all times
You should not be stressed while in a trade as this will make you act emotionally
Happy Trading🤝
We never know how long a hot market will last
Take advantage of all opportunities
Political Coins
$vunce -> hit $682k , based on JDVance1
, potential for him to become Trump's VP
$debate -> hit $510k , realDonaldTrump vs POTUS
debate is tomorrow
Amber Rose Launching Soon
$amber -> hit $685k , DaRealAmberRose
, she has NOT launched yet
$muva -> hit $510k
- Fake coins coming out
- People are speculating that her coin might have already launched
- Important to note, $jason was rugged by Sahil & Jason Derulo then "CTO'd" that coin
- People are now waging that the same playbook will be ran by other influencers
Jason Derulo Engages with Crypto Twitter
$jason -> $11 .5m to $36 .8m (3.2x),
$ice -> hit $500k , Jason's Dog
Influencer Coins
$lilpump -> $2 .32m to $5 .5m (2.37x), coming back to life as
lilpump tries to push it $faddy -> hit $1 .6m,
Cat Memes
$sc -> $325k to $5 .4m (13.23x)
$bobby -> hit $3 .3m, good CTO team
$gloop -> hit $2 .3m, instantly ran to millions after migrating to raydium
$ichi -> hit $595k , when you search "cat", this is the first one to pop up on Google, CTO
Moni Secures a Gotbit Partnership
$moni -> hit $17 .1m, bird meme,
Hawk Tuah Still Alive
$HawkTuah -> $5 .29m to $15 .5m (2.93x),
elonmusk posted a picture of a hawk
More Cooks
$bucky -> $4 .5m to $24 .5m (5.44x), good team
$gol -> $465k to $5m (10.75x), dead coin came back to life
$zaza -> $590k to $2m (3.39x), slowly climbing towards ATH
$sprite -> $400k to $1 .1m (2.75x), "McDonald's Sprite"
$gond -> hit $1 .8m
$ily -> hit $970k , CTO on an old coin
$saudi -> hit $808k , "Saudi Habibi"
$ham -> hit $800k , "first ape on the moon", launched on
dexscreener's moonshot
$cart -> hit $735k , Target Cart Basket
Remember to prioritize risk management at all times
You should not be stressed while in a trade as this will make you act emotionally
Happy Trading🤝
7 days ago
Daily Memecoin Recap - June 24
DexScreener launches "moonshot", a competitor to pumpfun
First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is
Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener
Water Launch
$water -> hit $1b , hyped pre-sale launch
WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k
Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token
More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme
Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal
Buy when others are fearful, sell when others are greedy
DexScreener launches "moonshot", a competitor to pumpfun
First Coins On Moonshot
$first -> hit $5 .2m, first coin to finalize on moonshot
$mc -> hit $1 .8m, "Moon Cat"
$stan -> hit $1 .3m, first cat to finalize on moonshot
$mutt -> hit $969k , first dog on moonshot, second coin to finalize
$herbo -> hit $545k , "first celebrity coin on moonshot", based on gherbo
- The first 2 coins that bonded $first & $mutt had really bad LP's, but the following coins were fine
- Whenever something new launches, people look for the "first" of everything. Be on the lookout for these, that's where all the attention is
Moonshot Launches
$launch -> hit $788k , "Launch Party"
$matrix -> hit $727k , relaunch by the same team of a previous $matrix coin that ran to $4 .3m. "Escape the matrix"
$eagle -> hit $662k , based on dexscreener's logo
$pepe -> hit $627k , pepe on moonshot
$laika -> hit $577k , dog coin
$moon -> hit $456k , based on moonshot from dexscreener
Water Launch
$water -> hit $1b , hyped pre-sale launch
WikiLeaks founder Julian Assange strikes a plea deal
$assange -> hit $913k
Influencer Coins
$jason -> $1 .6m to $13 .3m (8.3x), jasonderulo continues to push
$bobbi -> hit $852k , Sahil posts a screenshot where Bobbi Althoff posts a CA on her ig story
$king -> hit $540k , Sahil hints at an adinross token
More Cooks
$peanie -> $1m to $2 .34m (2.34x), penguin meme
$bag -> $575k to $1 .7m (2.95x), "Ikea Bag"
$korg -> hit $2m , based on elonmusk's tweet, CTO
$micu -> hit $900k , cat meme
$jack -> hit $500k , dog meme
Keep an eye on high mc, major memes ( $boden , $tremp , $michi , etc.) that are looking to make a reversal
Buy when others are fearful, sell when others are greedy
8 days ago
Our Very Own BullPad -
If you're still having doubts here, the constant growth should be evidence enough to what BullVerse is gonna be.
A Bullpad to launch Your Token for for the insane🤯 price $1 !!!
Plus your token getting launched on Raydium if bonding curve marks $20k MarketCap.
Check Out These Features:
- Access to an Optional MM/Volume Bot
- Pre-pay to update token info & listings
- Get Marketing packages to further boost your token.
Easiest way to launch your token as a dev
Best Chance to avoid getting into rug pulls as a user..
#BullishonBullverse
If you're still having doubts here, the constant growth should be evidence enough to what BullVerse is gonna be.
A Bullpad to launch Your Token for for the insane🤯 price $1 !!!
Plus your token getting launched on Raydium if bonding curve marks $20k MarketCap.
Check Out These Features:
- Access to an Optional MM/Volume Bot
- Pre-pay to update token info & listings
- Get Marketing packages to further boost your token.
Easiest way to launch your token as a dev
Best Chance to avoid getting into rug pulls as a user..
#BullishonBullverse
8 days ago
JupiterExchange had introducesd Jupiter Swap V3, utilizing a new Metropolis liquidity backend to enable features like:
• Instant Routing
• Dynamic Slippage
• Smart Token Filtering and more.
• Instant Routing
• Dynamic Slippage
• Smart Token Filtering and more.
10 days ago
If every mainstream media outlet is telling you not to vote for somebody … that’s the person you should vote for.
The MSM bought you “WMDs in Iraq” “Covid vaccines are good” “mask up and close your business” and “Tristan is a human trafficker”.
Why the fuck would you listen?
The MSM bought you “WMDs in Iraq” “Covid vaccines are good” “mask up and close your business” and “Tristan is a human trafficker”.
Why the fuck would you listen?
12 days ago
The Open Network has been a rare rocket ship during choppy markets 🚀
Here's how you can get started with the chain 👇
It's been hard to miss the rise of $TON over the past few months
Thanks to its integration with Telegram
& persistent price action The Open Network ecosystem continues to gain traction rapidly
These are the most active areas in the ton_blockchain
:
🎮 Telegram-Based P2E Games
Gaming has become a stand-out feature for TON, first with Notcoin and now with other games like CatizenAI and Hamster Kombat.
In summary, gaming on TON, whether through Catizen or Hamster Kombat, offers some (very) simple entertainment and real-world rewards, making it an attractive option for early speculators.
🔒 Liquid-Stake your TON for additional rewards
Like most PoS ecosystems, liquid staking with Tonstakers or Bemo Finance lets you use your TON to earn additional rewards.
- bemo_finance is another non-custodial liquid staking protocol on TON. It allows users to stake TON tokens and receive $stTON tokens in return that can be freely used in DeFi and increase in value as staking rewards are earned.
Both Tonstakers and Bemo Finance offer excellent opportunities for users to earn rewards through staking, making them valuable tools for maximizing your TON holdings.
🫳 Swap tokens on DEXs
DEXs lie at the center of TON’s DeFi ecosystem to drive the network forward, particularly http://STON.fi and DeDust.
💰 Lend through money markets
Lending platforms on TON offer additional ways to leverage your assets and turn a profit.
- evaaprotocol is a lending platform on the TON network that allows users to lend and borrow assets like TON, stTON, $tsTON , and $USDT directly from Telegram.
With double-digit interest rates for TON and USDT, the platform stands out as a competitive option for participating in DeFi and earning additional yield on your TON — way higher than with staking! The protocol currently has an XP points program, which can be later burned in exchange for the $EVAA token when it launches.
-
daolama_ton offers NFT lending for TON, currently supporting over 35 collections. On the platform, users can choose an NFT they’d like to rent out in exchange for TON, create a proposal, and then, when confirmed, receive TON based on the proposal's guidelines. Additionally, DAOLama’s marketplace offers a Buy Now, Pay Later feature for NFTs, allowing you to purchase NFTs like Anonymous Telegram Numbers 👀 for 41 TON instead of 113 TON.
In conclusion, Evaa Protocol and DAOLama TON offer unique and user-friendly lending solutions, providing even more avenues for earning yield on TON.
🤑 Trade crypto derivatives
For fans of derivatives trading, TON comes ready for platforms for trading crypto assets on up to 50x leverage.
storm_trade_ton is a decentralized derivatives trading platform built on TON and directly integrated with Telegram. Accessible via a web app and Telegram bot, Storm Trade provides trading features like leverage up to x50, instant price updates, and trading pairs with collateral in TON and USDT.
In addition, Storm Trade offers opportunities to earn through tournaments or by providing liquidity. In their daily tournaments, users compete for Storm Trade NFTs, which will whitelist them for the exchange’s token at launch. In their vaults, users can provide liquidity to act as a counterparty to traders on the platform and earn 70% of protocol fees. This can all be done directly from Telegram, making trading available on the go.
Written by
davewardonline✍️
Here's how you can get started with the chain 👇
It's been hard to miss the rise of $TON over the past few months
Thanks to its integration with Telegram
& persistent price action The Open Network ecosystem continues to gain traction rapidly
These are the most active areas in the ton_blockchain
:
🎮 Telegram-Based P2E Games
Gaming has become a stand-out feature for TON, first with Notcoin and now with other games like CatizenAI and Hamster Kombat.
In summary, gaming on TON, whether through Catizen or Hamster Kombat, offers some (very) simple entertainment and real-world rewards, making it an attractive option for early speculators.
🔒 Liquid-Stake your TON for additional rewards
Like most PoS ecosystems, liquid staking with Tonstakers or Bemo Finance lets you use your TON to earn additional rewards.
- bemo_finance is another non-custodial liquid staking protocol on TON. It allows users to stake TON tokens and receive $stTON tokens in return that can be freely used in DeFi and increase in value as staking rewards are earned.
Both Tonstakers and Bemo Finance offer excellent opportunities for users to earn rewards through staking, making them valuable tools for maximizing your TON holdings.
🫳 Swap tokens on DEXs
DEXs lie at the center of TON’s DeFi ecosystem to drive the network forward, particularly http://STON.fi and DeDust.
💰 Lend through money markets
Lending platforms on TON offer additional ways to leverage your assets and turn a profit.
- evaaprotocol is a lending platform on the TON network that allows users to lend and borrow assets like TON, stTON, $tsTON , and $USDT directly from Telegram.
With double-digit interest rates for TON and USDT, the platform stands out as a competitive option for participating in DeFi and earning additional yield on your TON — way higher than with staking! The protocol currently has an XP points program, which can be later burned in exchange for the $EVAA token when it launches.
-
daolama_ton offers NFT lending for TON, currently supporting over 35 collections. On the platform, users can choose an NFT they’d like to rent out in exchange for TON, create a proposal, and then, when confirmed, receive TON based on the proposal's guidelines. Additionally, DAOLama’s marketplace offers a Buy Now, Pay Later feature for NFTs, allowing you to purchase NFTs like Anonymous Telegram Numbers 👀 for 41 TON instead of 113 TON.
In conclusion, Evaa Protocol and DAOLama TON offer unique and user-friendly lending solutions, providing even more avenues for earning yield on TON.
🤑 Trade crypto derivatives
For fans of derivatives trading, TON comes ready for platforms for trading crypto assets on up to 50x leverage.
storm_trade_ton is a decentralized derivatives trading platform built on TON and directly integrated with Telegram. Accessible via a web app and Telegram bot, Storm Trade provides trading features like leverage up to x50, instant price updates, and trading pairs with collateral in TON and USDT.
In addition, Storm Trade offers opportunities to earn through tournaments or by providing liquidity. In their daily tournaments, users compete for Storm Trade NFTs, which will whitelist them for the exchange’s token at launch. In their vaults, users can provide liquidity to act as a counterparty to traders on the platform and earn 70% of protocol fees. This can all be done directly from Telegram, making trading available on the go.
Written by
davewardonline✍️
12 days ago
Is OP_CAT the missing piece for BTC L2s?
This opcode has everyone talking; what does it do?
A beginner's guide 👇
Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.
What are Bitcoin's builders waiting for?
One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.
Let's dig into why this opcode could be so transformative for BTC 👇
What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.
Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.
The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.
Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.
Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.
Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.
Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.
Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.
As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!
Written by
WPeaster
This opcode has everyone talking; what does it do?
A beginner's guide 👇
Bitcoin L2s are the talk of the town, but not much of their promise has been realized yet.
What are Bitcoin's builders waiting for?
One significant proposal could help mature the Bitcoin L2 landscape: the reintroduction of OP_CAT. This opcode, which was disabled early in Bitcoin's history, could unlock new capabilities and pave the way for more sophisticated and trustless Bitcoin L2 solutions.
Let's dig into why this opcode could be so transformative for BTC 👇
What is OP_CAT?
Okay, so why is this seemingly random opcode so controversial? OP_CAT, or "Operation Concatenate" is an opcode in Bitcoin's scripting language that allows for the concatenation of two data elements.
Initially proposed by Satoshi Nakamoto, OP_CAT was disabled in 2010 due to security concerns related to its original implementation, specifically potential denial-of-service (DoS) attacks caused by unbounded memory usage.
The introduction of the Taproot upgrade in 2021 has mitigated these original concerns. Taproot enforces a maximum stack element size of 520 bytes, addressing the memory usage issue that led to OP_CAT's deactivation. With this security improvement and resurgent Bitcoin development interest, thanks to Ordinals and Runes, a movement to reintroduce OP_CAT to enhance Bitcoin's scripting capabilities is gaining steam, aiming to put more complex transaction capabilities in reach.
Are Covenants and Smart Contracts Different?
One reason why OP_CAT is so compelling is because it can actualize covenants, i.e. spending conditions, on Bitcoin. Covenants and smart contracts are both mechanisms for controlling the flow of funds in a blockchain network, but they operate in distinct ways.
Covenants:
Purpose: Restrict how funds can be spent in future transactions.
Functionality: Implement specific spending constraints, such as limiting addresses or setting conditions on fund transfers.
Complexity: Generally involves simpler, deterministic logic without loops or complex computations.
Implementation: Can be implemented using Bitcoin Script with enhancements like OP_CAT.
Smart Contracts:
Purpose: Automate a wide range of processes and transactions.
Functionality: Handle complex tasks such as decentralized exchanges, token issuance, and multi-party agreements.
Complexity: Support complex conditional logic, including loops and intricate computations.
Implementation: Commonly implemented on platforms like Ethereum using high-level programming languages.
Why Does OP_CAT Matter for Bitcoin L2s?
OP_CAT would prove crucial for advancing Bitcoin L2 solutions because it enhances the scripting capabilities needed for more complex and trustless Bitcoin infra. First, OP_CAT allows for covenants, enabling the construction of more complex scripts. This is essential for creating advanced transaction conditions and functionalities required for L2 solutions.
Additionally, if OP_CAT is activated, projects like StarkWareLtdare on standby to develop atop it. StarkWare has plans to leverage OP_CAT for bringing zero-knowledge (ZK) scaling to #Bitcoin to enable advanced financial instruments and apps on the network. StarkWare’s involvement here underscores the broader ecosystem's readiness to capitalize on the enhanced capabilities that OP_CAT would introduce.
As such, as the community continues to explore and test the possibilities around this proposal, the future of Bitcoin L2s looks promising and ripe with potential. At this point, reactivating OP_CAT seems like a matter of when not if!
Written by
WPeaster
13 days ago
Did you know? Maestro stands out as the only top player to offer Solana launch sniping!
Experience the fastest and most reliable way to capture newly launched tokens with Maestro's unique Solana sniping feature.
#Solana #TradingBot #MaestroBots
Experience the fastest and most reliable way to capture newly launched tokens with Maestro's unique Solana sniping feature.
#Solana #TradingBot #MaestroBots
13 days ago
The Firedancer project, a complete rewrite of the Solana validator client by Jump, is now operational on the testnet. This project promises to significantly improve network performance by processing over a million transactions per second (TPS) on standard hardware
14 days ago
Is the $DJT memecoin actually connected to Trump?
The Solana memecoin reportedly launched by Trump's teen son Barron is mooning, but is it real?
Our analysis 👇
- Unverified Report and Market Impact: Tech, politics, and culture publication
PirateWires posted yesterday on Twitter claiming Donald Trump is launching a token named DJT. Following the post, DJT's trading volume hit $363M in the past 24 hours, and its price surged 385%.
- Speculative Connections and No Confirmation: The report suggested Trump's son Barron, a claim further substantiated by (supposedly) Barron’s best friend, Bo. However, the Trump campaign and organization have not responded.
- Suspicious Posting and Unlocked Liquidity: The contract address was shared in replies to the Pirate Wires post, which, upon analysis, showed DJT's liquidity is not locked, a significant red flag for memecoins, and that the token had a “build-the-wall” feature that could be activated to halt trading.
- KuCoin Funding and Limited Visibility: Further potential red flags come from the fact that the token was funded from kucoincom
, which is inaccessible to U.S. citizens. Also, DJT pools had minimal liquidity visibility on platforms like dexscreener
, working correctly only on specific tools like Dextools.
- Concentration and Trump's Silence: The top owner holds 67% of the supply, a high risk of manipulation. Despite his reputation, Trump has not claimed or bragged about the coin's success, which is unusual for him.
Bankless Take:
The DJT memecoin's surge certainly exhibits all of the hallmarks of a classic crypto grift. The sketchy nature of the source, suspicious dissemination of the contract address, unlocked liquidity, KuCoin funding, limited visibility, and high owner concentration are all significant red flags.
All that said, we don't know for sure one way or the other. In a new era of celebrity memecoins, it's not unreasonable that Trump would be dissatisfied seeing unofficial tickers like $TREMP pump without him getting a take. Further, Pirate Wires is operated by the CMO of venture fund Founders Fund which is run by Trump's close 2016 Silicon Valley ally (and outspoken BTC bull) peterthiel
The Solana memecoin reportedly launched by Trump's teen son Barron is mooning, but is it real?
Our analysis 👇
- Unverified Report and Market Impact: Tech, politics, and culture publication
PirateWires posted yesterday on Twitter claiming Donald Trump is launching a token named DJT. Following the post, DJT's trading volume hit $363M in the past 24 hours, and its price surged 385%.
- Speculative Connections and No Confirmation: The report suggested Trump's son Barron, a claim further substantiated by (supposedly) Barron’s best friend, Bo. However, the Trump campaign and organization have not responded.
- Suspicious Posting and Unlocked Liquidity: The contract address was shared in replies to the Pirate Wires post, which, upon analysis, showed DJT's liquidity is not locked, a significant red flag for memecoins, and that the token had a “build-the-wall” feature that could be activated to halt trading.
- KuCoin Funding and Limited Visibility: Further potential red flags come from the fact that the token was funded from kucoincom
, which is inaccessible to U.S. citizens. Also, DJT pools had minimal liquidity visibility on platforms like dexscreener
, working correctly only on specific tools like Dextools.
- Concentration and Trump's Silence: The top owner holds 67% of the supply, a high risk of manipulation. Despite his reputation, Trump has not claimed or bragged about the coin's success, which is unusual for him.
Bankless Take:
The DJT memecoin's surge certainly exhibits all of the hallmarks of a classic crypto grift. The sketchy nature of the source, suspicious dissemination of the contract address, unlocked liquidity, KuCoin funding, limited visibility, and high owner concentration are all significant red flags.
All that said, we don't know for sure one way or the other. In a new era of celebrity memecoins, it's not unreasonable that Trump would be dissatisfied seeing unofficial tickers like $TREMP pump without him getting a take. Further, Pirate Wires is operated by the CMO of venture fund Founders Fund which is run by Trump's close 2016 Silicon Valley ally (and outspoken BTC bull) peterthiel
17 days ago
Biden may start accepting crypto donations
Despite his wing's anti-crypto stance, Biden is looking to attract financial support from the industry
What to know + our thoughts 🧵👇
Despite his wing's anti-crypto stance, Biden is looking to attract financial support from the industry
What to know + our thoughts 🧵👇
18 days ago
The spotlight is on our Hall of Fame this week.
Check out these standout Maestro trades!
📌 Primary Trade
💳 Main
🪙 LONG 🚀 +29309.05% ⏱ 15:15
Initial: 0.0194 $BNB
Worth: 5.708 BNB
Time elapsed: 33d 11h 3m 31
📌 Primary Trade
💳 Main
🪙 $Genie 🚀 +9334.61% ⏱ 53:14
Initial: 3 $SOL
Worth: 283.0382 SOL
Time elapsed: 1d 18h 45m 26s
💵 Price:.0154 | MC: $15 .5m
💸 Price impact: -11.58% ⚠️ High Impact
🤑 Expected payout: 250.25 SOL
Join our HOF channel: https://t.me/MaestroGains 👈
Start trading with Maestro: https://t.me/Maestro 👈
Check out these standout Maestro trades!
📌 Primary Trade
💳 Main
🪙 LONG 🚀 +29309.05% ⏱ 15:15
Initial: 0.0194 $BNB
Worth: 5.708 BNB
Time elapsed: 33d 11h 3m 31
📌 Primary Trade
💳 Main
🪙 $Genie 🚀 +9334.61% ⏱ 53:14
Initial: 3 $SOL
Worth: 283.0382 SOL
Time elapsed: 1d 18h 45m 26s
💵 Price:.0154 | MC: $15 .5m
💸 Price impact: -11.58% ⚠️ High Impact
🤑 Expected payout: 250.25 SOL
Join our HOF channel: https://t.me/MaestroGains 👈
Start trading with Maestro: https://t.me/Maestro 👈
18 days ago
Understand that losses are part of the process
If you lose 2/3 of your trades, you're still profitable if you hit 200%+ on 1/3 of your trades
You should not be phased whenever you lose
- Risk roughly the same on all trades (except if you have conviction/alpha)
- Have a set amount that you're comfortable losing
The hardest part is to not become emotional after a loss & deviate from your initial plan
Focus on your next opportunity, don't let previous trades affect your performance
If you lose 2/3 of your trades, you're still profitable if you hit 200%+ on 1/3 of your trades
You should not be phased whenever you lose
- Risk roughly the same on all trades (except if you have conviction/alpha)
- Have a set amount that you're comfortable losing
The hardest part is to not become emotional after a loss & deviate from your initial plan
Focus on your next opportunity, don't let previous trades affect your performance
19 days ago
SolanaPay powered by Helio is a means to pay for goods you purchase using crypto tokens.
It offers merchants perks such as:
•Reduced fees
•Instant payouts
•No chargebacks
&
•Global reach.
SolanaPay has been operating on Shopify and recently, new features have been added to make user experience even better.
Some of these features includes; Acceptance of a wide range of tokens, Stablecoin payouts in various currencies, Sub-1-second transactions, Premium offers for NFT holders and many more.
This form of Crypto Commerce would definitely elevate user buying experience.
It offers merchants perks such as:
•Reduced fees
•Instant payouts
•No chargebacks
&
•Global reach.
SolanaPay has been operating on Shopify and recently, new features have been added to make user experience even better.
Some of these features includes; Acceptance of a wide range of tokens, Stablecoin payouts in various currencies, Sub-1-second transactions, Premium offers for NFT holders and many more.
This form of Crypto Commerce would definitely elevate user buying experience.
19 days ago
Oh, Crypto Jesus, hear our plea,
Solana’s full of scams, you see.
Sweep away the rugs and lies,
Clean it up, we're tired of cries.
No more pornstars, cut them short.
Their tokens make the space bizarre,
Send them off to a distant star.
Bless us, holders of $AMEN ,
Make us rich, again and again.
Let us swim in gold and glee,
With pet tigers, wild and free.
Touch the hearts of the jeets, we pray,
Convert them to hodl the right way.
Make the dev lose his keys or hands,
Stop him from making shady plans.
In the name of the Father, the Son, and the Holy Spirit,
$AMEN .
Solana’s full of scams, you see.
Sweep away the rugs and lies,
Clean it up, we're tired of cries.
No more pornstars, cut them short.
Their tokens make the space bizarre,
Send them off to a distant star.
Bless us, holders of $AMEN ,
Make us rich, again and again.
Let us swim in gold and glee,
With pet tigers, wild and free.
Touch the hearts of the jeets, we pray,
Convert them to hodl the right way.
Make the dev lose his keys or hands,
Stop him from making shady plans.
In the name of the Father, the Son, and the Holy Spirit,
$AMEN .
21 days ago
FUTARCHY from METADAO has been officially launched and is now live.
FUTARCHY enhances DAO voting by utilizing a form of betting system to understand how the market might feel about a proposal been passed or not.
FUTARCHY enhances DAO voting by utilizing a form of betting system to understand how the market might feel about a proposal been passed or not.
