Ethereum's first truly trustless liquid staking library, enabling users to create unique pool & token setups. Join our Discord π https://nitter.gq/t.co/dvhFBfGf2Q
The Blockchain
Joined November 2019
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Geode Finance π¦π retweeted
How can people be bearish on ETH π€
ETH basically is DeFi. ETH alone covers ~58% of all of DeFi TVL (~65% when including L2s TVL).
DeFi is the biggest usecase of web3. What web2 is to data, web3 is to finance.
+50% of stable coin supply exist on Ethereum & L2s.
Most advanced innovations in DeFi happens on ETH before being replicated on other chains.
There's a lot of noise around and bearish sentiment on X but fundamentals matters.
Geode Finance π¦π retweeted
Nine years ago, the ethereum genesis block was mined, giving us the world's first ETH tokens.
Today, ethereum is the anchor of an entire onchain ecosystem, helping to pave the way forward for decentralized finance.
First, slowlyβthen, all at once.
Happy anniversary, @ethereum.
Geode Finance π¦π retweeted
I just really like Ethereum
the system design, the culture, the builders, everything
Geode Finance π¦π retweeted
1/ From the very first day, we were promised that an #Ethereum node could run on any consumer device.
In 2024, you can run on a $200 ARM64 board using ~10w:
- 1 Archive node + a validator client
- A Supernode (L1+L2 on the same device)
This is called decentralization.
+infoπ
Geode Finance π¦π retweeted
Congrats @EdenNetwork !
This can be a revolutionary service for blockchain data scientists like us, but especially providers like @etherscan
Today @EdenNetwork is launching Tx Explain (Beta), a first-of-its-kind tool for analyzing EVM transactions using generative AI:
tx-explain.edennetwork.io
Geode Finance π¦π retweeted
This went to a solo staker!!! Cool half mil proposal
High Proposer Payment Alert! πΈ
Validator 0x49d2... (id: 201532) received 188.16 ETH.
Builder: 0xa32aad... (Titan Builder)π·β
Slot: 8,971,281.
Received through the @ultrasoundmoney relay.
beaconcha.in/tx/0xd4148fb694β¦
Geode Finance π¦π retweeted
A million active validators on the beacon chain. Pretty cool, huh?
beaconcha.in
Geode Finance π¦π retweeted
@LidoFinance 's market share has dipped below 30%, thank you @eigencloud π
Geode Finance π¦π retweeted
if you actually sit down and do the math, this is terrifying.
if theres a bug in Geth, all validators using it would be slashed 82% in a few hours.
And the total amount of staked ETH would be cut by 53% = 16,685,751 ETH ($55B usd) would get deleted
Geode Finance π¦π retweeted
Ethereum should be a clean and beautiful protocol. Getting there requires short-term pain, but the long-term unknown-unknown effects of achieving that goal are all on the upside.
Geode Finance π¦π retweeted
Ethereum has blobs. Where do we go from here?
vitalik.eth.limo/general/202β¦
Geode Finance π¦π retweeted
$1,250,000
We're launching the largest audit competition in crypto history, with @cantinaxyz.
Details π§΅
Geode Finance π¦π retweeted
JUST IN: BlackRock launches digital asset fund and deposits $100 million $USDC on the Ethereum network.
Geode Finance π¦π retweeted
Crazy reduction in fees thanks to 4844/blobs
And remember, this is only the beginning!
