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natoil42.bsky.social
natoil42.eth
@natoil42.bsky.social
Crypto native, web3 wanderer, DeFi chemist and metaverse voyager.
Empirical reality can be operated by streams of bits and chains of blocks.
[🧵2/2]
Since the state of all accounts is stored on the Ethereum smart contract, the users' funds will henceforth remain available for withdrawal indefinitely, without the need to rely on dYdX Trading or any other party for redemption!

So who do you trust the most? Ethereum or your bank?
November 5, 2024 at 5:17 PM
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➡️ For the meaning of all the other signs shown in the graph, refer to my past analyses: x.com/natoil42/hig...
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🙏 If you like this thread, please put a ❤️ and mirror the first post below, it's only two touches for you, but a huge help for me!
🧵🔚
bsky.app/profile/nato...
October 28, 2024 at 5:13 PM
🧵5/n
In contrast, over short-med periods the unpredictable socio-economic events such as the CoViD crash and systemic events such as the FTX bankruptcy have been more impactful, but not even these have been able to divert its long-term course.
October 28, 2024 at 5:12 PM
🧵4/n
However, Bitcoin price action in the past has always proven to be more resilient than political events (e.g. U.S. elections) or geopolitical (e.g., international stress and wars), as over the med-long term the price never seems to have been affected.
October 28, 2024 at 5:12 PM
🧵3/n
At this time the imminence of the U.S. elections (Nov. 5) is holding down volumes and the total crypto market capitalization, as a Kamala Harris victory would bring a lot of downward volatility, while some fear that Donald Trump's victory may have been priced in.
October 28, 2024 at 5:12 PM
🧵2/n
👉 I explained why the time is ripe on the highlight of Oct 8th

The last time this golden cross appeared was on October 30, 2023, exactly one year ago: since them, BTC has rallied for 4 months from $34.093 to $73.757, a 116% increase!
October 28, 2024 at 5:12 PM
The real disruptive force of blockchains manifests far beyond simple payments, because it will shape the future of the Internet with decentralization, digital ownership and a new economy
October 23, 2024 at 12:12 PM
October 23, 2024 at 11:42 AM
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If you like strategic games, give it a try and challenge me. PRO TIP: All NFT are limited editions, so the early birds catch the worm! 💸
October 23, 2024 at 11:42 AM
[🧵4/n]
The more games you play, the more likely you are to discover new tradeable NFTs, and the more NFTs you collect, the greater your chances of winning $TON (up to 10% and 0,01 per match, but bigger prizes are coming with the launch of the PvP Arena) ⚔️
October 23, 2024 at 11:41 AM
[🧵3/n]
Forget tap-to-earn and promises of airdrop because the play-to-earn here is real from the very first game. The game economy is self-sustained by NFT minting and trading, and the mechanic is very simple:
October 23, 2024 at 11:41 AM
[🧵2/n] It is inspired by the game of Go (囲碁 ; 圍棋 ; いご), packed with cool NFTs and deep strategy, and it's as easy to learn as is hard to master 🥵
October 23, 2024 at 11:40 AM
🙏 If you like this thread, please put a ❤️ and mirror the first post below, it's only two touches for you, but a huge help for me!

bsky.app/profile/nato...
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An alarming wake-up call for the DeFi

Radiant Capital's $50M hack may just be the rain before the arrival of a hurricane ready to hit crypto, as the level of sophistication reached is such that no one can feel truly safe right now

Short but highly recommended thread! 👇

#crypto 🧵1/n
October 18, 2024 at 1:56 PM
Until hardware wallets implement advanced, downloadable, updatable ABI decoding, the only counter-measure is to take raw transaction data when a signature is prompted (e.g., Metamask, Rabby) and paste it into etherscan.io/inputdatadec... to check functions and ToAddress
🧵8/n
etherscan.io
October 18, 2024 at 1:54 PM
you must be always able to understand and verify what you are signing on your hardware. If you fully trust the software interface, using a hardware wallet as a dedicated signing device makes ZERO sense!
🧵7/n
October 18, 2024 at 1:53 PM
Most smart-contracts uses ABI encoded hash which requires blind-signatures of non-human readable data on hardware wallets.
Even if you see realiable data on your mobile/desktop/browser wallet, even if they pass all checks, ultimately what matters is that
🧵6/n
October 18, 2024 at 1:53 PM