Kupus
I am the worst person to take advice from. It's a complete gamble and definitely not in your favor.
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How Increased Layer 1 Usage Affects Layer 2
Higher Operating Costs:
Rising Layer 1 fees directly increase the cost of posting transaction data (e.g., rollups), which can be passed on to Layer 2 users.
Security Benefits:
A robust, decentralized Layer 1 strengthens the security foundation that Layer 2 solutions rely on, boosting user trust.
Incentivizes Scaling Upgrades:
High demand drives development of Layer 1 improvements like danksharding, designed to reduce data storage costs and support massive Layer 2 scalability.
Higher Operating Costs:
Rising Layer 1 fees directly increase the cost of posting transaction data (e.g., rollups), which can be passed on to Layer 2 users.
Security Benefits:
A robust, decentralized Layer 1 strengthens the security foundation that Layer 2 solutions rely on, boosting user trust.
Incentivizes Scaling Upgrades:
High demand drives development of Layer 1 improvements like danksharding, designed to reduce data storage costs and support massive Layer 2 scalability.
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How Increased Layer 2 Usage Affects Layer 1
Increased Settlement Demand:
As Layer 2 usage grows, more transactions are batched and settled on Layer 1, increasing data load and potentially raising gas fees during peak times.
Congestion Risk:
Despite offloading execution, Layer 1 must store transaction data, which can still cause congestion—e.g., Ethereum gas fees spiked during memecoin surges, affecting Layer 2 costs.
Enhanced Value Accrual:
Higher Layer 2 activity reinforces Layer 1’s role as a secure settlement layer, increasing demand for its native token (e.g., ETH for security and fees).
Increased Settlement Demand:
As Layer 2 usage grows, more transactions are batched and settled on Layer 1, increasing data load and potentially raising gas fees during peak times.
Congestion Risk:
Despite offloading execution, Layer 1 must store transaction data, which can still cause congestion—e.g., Ethereum gas fees spiked during memecoin surges, affecting Layer 2 costs.
Enhanced Value Accrual:
Higher Layer 2 activity reinforces Layer 1’s role as a secure settlement layer, increasing demand for its native token (e.g., ETH for security and fees).
$LSK $0.3
$AT long or short?
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Russia will be the first to normalize cryptocurrency usage in daily life. Another ace up their sleeve. I am not happy about it. Reform at the doorstep maybe?
Binance News
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Russia to Prioritize Cryptocurrency Legislation in Upcoming Year
According to PANews, Anatoly Aksakov, Chairman of the Financial Markets Committee of Russia's State Duma, has announced that cryptocurrency and stablecoin regulation will be a legislative priority for Russia next year. As the country moves to regulate its crypto sector, establishing a legal framework for digital finance is deemed essential. Aksakov noted that the Russian Central Bank plans to implement comprehensive cryptocurrency regulations by 2026.
Historically, Russian regulators have opposed unrestricted cryptocurrency trading within the national economy. However, this week, they signaled a willingness to ease restrictions on crypto circulation. Currently, crypto assets and derivatives can only be traded within a highly limited "experimental legal regime" by a select group of privileged market participants, including foreign trade enterprises, financial companies, and "highly qualified" investors. Russian monetary authorities are in discussions with the Ministry of Finance to broaden investor access and regulate transactions outside the "experimental legal regime." Previously, authorities indicated that banks would be permitted to engage in digital currency-related activities and that funds could invest in crypto-based derivatives.
Historically, Russian regulators have opposed unrestricted cryptocurrency trading within the national economy. However, this week, they signaled a willingness to ease restrictions on crypto circulation. Currently, crypto assets and derivatives can only be traded within a highly limited "experimental legal regime" by a select group of privileged market participants, including foreign trade enterprises, financial companies, and "highly qualified" investors. Russian monetary authorities are in discussions with the Ministry of Finance to broaden investor access and regulate transactions outside the "experimental legal regime." Previously, authorities indicated that banks would be permitted to engage in digital currency-related activities and that funds could invest in crypto-based derivatives.
$LUNA2 i bet that it won't fall just yet
$DENT wow. this one finally decided to get up
$LUNA2 watch out for funding rate... payment interval changed from 8h to 1h
$TNSR now this one is going crazy 🤣
$RESOLV some say that it will follow the same pattern as $KGEN but there is some major resistance around 0.08 that has been repeatedly kicking it back few days now. I don't know what is actually going on and what can help it to break through the resistance but I just wanted to say what I thought.
$1000LUNC when "tough guys" start losing due to bad bet, then anyone's advice is good
$1000LUNC oh no it wasn't short 😭🤧🥲
If you don't know what to do, panic! If you see that token price decreased, use panic buy feeling and buy 15% of what you originally wanted.
#apro $AT
@APRO Oracle is an AI-enhanced oracle designed to provide verified, real-time data for next-generation blockchain ecosystems, including real-world assets (RWA), artificial intelligence, prediction markets, and decentralized finance (DeFi).
@APRO Oracle is an AI-enhanced oracle designed to provide verified, real-time data for next-generation blockchain ecosystems, including real-world assets (RWA), artificial intelligence, prediction markets, and decentralized finance (DeFi).
#lorenzoprotocol $BANK
@Lorenzo Protocol is a decentralized asset management platform designed to bring institutional-grade financial products to the blockchain economy.
@Lorenzo Protocol is a decentralized asset management platform designed to bring institutional-grade financial products to the blockchain economy.
#yggplay $YGG
@Yield Guild Games is a decentralized autonomous organization (DAO) that functions as a play-to-earn gaming guild, enabling players to earn income through blockchain-based games by leveraging guild-owned non-fungible tokens (NFTs).
@Yield Guild Games is a decentralized autonomous organization (DAO) that functions as a play-to-earn gaming guild, enabling players to earn income through blockchain-based games by leveraging guild-owned non-fungible tokens (NFTs).
#injective $INJ @Injective
Injective fosters deep liquidity through its unique Open Liquidity Program (OLP) and shared orderbook infrastructure. The OLP allows anyone to provide orderbook liquidity across decentralized exchanges (DEXs) built on Injective and earn INJ rewards.
Injective fosters deep liquidity through its unique Open Liquidity Program (OLP) and shared orderbook infrastructure. The OLP allows anyone to provide orderbook liquidity across decentralized exchanges (DEXs) built on Injective and earn INJ rewards.
$DENT they should have a cursed coin category because this one is really cursed coin
$TURTLE where are those kids that yell "it's empty, it's empty". nothing is empty.
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