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Nikita Zhavoronkov
@nikzh
Jack of All Trades @Blockchair ⤶ Chief Troll Officer @Trollbox ⤶ Goodies: budget.day · privacy.watch · passport.store
Joined April 2008
Posts
  • Pinned
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    Excited to launch privacy.watch — a tracker for leading privacy cryptos that ranks them by total shielded supply rather than plain market cap. Featuring @monero 🥇, @Zcash (3 shielded pools) 🥈, @zano_project 🥉, @PirateChain, and @litecoin (MWEB). More to come! 🔒
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    I have a strong feeling that this is the last time we see Bitcoin’s dominance level above 66%. From this point on it will fall, probably resulting in Bitcoin losing its first place within the next 5 years (long thread, 1/20)
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    (1/2) Ok, so what happened today on #Ethereum🦄: 1. At some point Ethereum developers introduced a change in the code that led today to a chain split starting from block 11234873 (07:08 UTC) 2. Those who haven’t upgraded (@Blockchair, @infura_io, some miners, and many others)…
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    Ethereum L2s can steal all user funds at any moment! ⚠️ Arbitrum One: "The Security Council can perform emergency upgrades directly through the UpgradeExecutor. Such an upgrade can be executed instantly without any delay. Theoretically, the Security Council can instantly upgrade
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    The average Bitcoin transaction fee is now $50 with 300.000 transactions waiting to be confirmed. This is beyond ridiculous and unusable. Historically, this is the point when people start running away to alternative blockchains en masse.
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    Bitcoin SV has just experienced a 18 block deep reorg — the largest since the launch — wiping out almost 10 hours worth of transactions. Be careful.
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    We're launching l2.watch🥷 — a full list of existing and upcoming L2s on Bitcoin! Currently listing 55 of them and constantly working on enriching the data! Also we'll be managing a Twitter List where you can follow all of them at once: x.com/i/lists/177013…
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    Whoops! $BSV has experienced yet another reorg, this time 6 (six!) consecutive blocks were orphaned (#578640–578645), this chain included a 128 MB block #578644 🤦‍♂️ The network was basically stuck for 1.5 hours, and this shows that even 6 confirmations are not enough 🤷‍♂️
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    Ethereum L2s are poisoning Ethereum: the dominance is plummeting 📉, and the coin printer is back on 📈! Forget about the "ultrasound money" narrative 🦇🔊 1. All the existing corporate L2s are fully custodial: they have admin keys which allow to steal user funds at any time
    Ethereum's dominance
    Ethereum's inflation rate
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    The security budget issue and the ⚡️ Bitcoin ⚡️ laser ⚡️ eyes ⚡️ totally ⚡️ ignoring ⚡️ it ⚡️ or ⚡️ calling ⚡️ it ⚡️ an ⚡️ attack
    The original author of this comic (in Russian) is @eva__morozova__
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    Ethereum is dying. All the major projects are moving to their own blockchains. Uniswap, Polymarket, and now ENS — they all use the EVM technology, but not Ethereum itself. There's no need for Ethereum anymore. Not scaling L1 was a fatal mistake.
    JUST IN: ENS Labs, the company behind @ensdomains, is moving ahead with a plan to migrate the domain name service from Ethereum its own layer-2 network. @margauxnijkerk reports coindesk.com/tech/2024/11/1…
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    Replying to @nikzh
    In my opinion, today’s consensus failure in #Ethereum🦄 shouldn’t be underestimated and should be considered as the most serious issue Ethereum has faced since the DAO debacle 4 years ago. An investigation is in order.
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    Cryptocurrencies are about setting everyone free, not making a few rich. Bitcoin was hijacked. Artificially limited throughput and lack of privacy are not native to Bitcoin. As always, @rogerkver talks about extremely important points the mainstream media is "not" aware of.
    Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story. (0:00) Roger Ver Facing Extradition (7:49) The Hijacking of Bitcoin (12:18) How the Government
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    Nostr creator: "Lightning is a scam" 🤪