5 must-read articles for the evening | Ethereum Foundation responds to the "coin sale" incident

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Jinse Finance
3 days ago
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1. Why Pectra Upgrade is a Turning Point for Ethereum's Commercialization: New Products and Use Cases Worth Exploring

Pectra bundled 11 Ethereum Improvement Proposals (EIPs) in Ethereum's execution and consensus layers to address some of its most troubling pain points: clumsy user experience, high data availability costs, and slow validator operations. But why is Pectra a "turning point"? Because it marks Ethereum's cost-effectiveness inflection point: a key threshold where the product becomes more attractive due to changes in its performance/value cost structure.Click to Read

2. Crypto Market Bull Run Could Continue for 1-2 Years

Recently, many KOLs have been pessimistic about the crypto market, mainly for two reasons: first, the increased risk of US economic recession could lead to global demand contraction; second, inflation resilience might constrain the Federal Reserve's policy space, resulting in lower-than-expected interest rate cuts. Although these concerns are not groundless, our view is exactly the opposite: Bitcoin is the "comeback king" of this cycle.Click to Read

3. OP_RETURN: One of the Most Severe BTC Controversies

Overnight this morning, after the Federal Reserve's May monetary policy meeting, BTC briefly fell back but quickly rebounded and aimed at the resistance level of 99k. Recently, a proposal to remove the additional data size limit for OP_RETURN in the Bitcoin Core client has caused a stir in the industry. Typical proponents like developer Peter Todd have repeatedly submitted PRs (Pull Requests), seemingly determined to achieve their goal.Click to Read

4. Can ZK Cross-chain Project Union Challenge LayerZero's Dominant Position?

Recently, I've noticed a cross-chain interoperability project @union_build, a Layer-1 project focusing on ZK interoperability, aiming to disrupt the current cross-chain market landscape dominated by @LayerZero_Core. The question is, what makes it different from other cross-chain interoperability projects, what are its highlights, and will it bring new opportunities to the ZK infrastructure track? Let me share some observations.Click to Read

5. A New Chapter for Ethereum: Foundation's New Leadership Responds to "Selling Coins" Incident and Explains Three Core Strategies

On May 7th, Ethereum completed the Pectra network upgrade, opening a new chapter in its ecosystem development. Taking this opportunity, Ethereum Foundation's new joint executive directors Tamas Stanczak and Shay Wong accepted a Bankless interview to elaborate on their thoughts and determination to drive change. In the past, the community has criticized the Foundation's execution speed, communication methods, and ongoing coin selling. In this interview, the two addressed these concerns one by one.Click to Read

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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