5 articles you must read in the evening | The frenzy psychology of memes

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1.Vitalik: Key Goals for the Ethereum Scourge Phase

One of the biggest risks facing Ethereum L1 is the centralization of Proof of Stake due to economic pressure. If there are economies of scale in participating in the core Proof of Stake mechanism, it will naturally lead to large stakeholders dominating and small stakeholders exiting to join large Mining Pools. This increases the risk of 51% attacks, transaction censorship, and other crises. In addition to the centralization risk, there is also the risk of value extraction: a small group of people obtaining value that would have originally flowed to Ethereum users. Click to read

2. Overview of the Top 10 Winning Projects at ETHGlobal San Francisco 2024

These 10 projects emerged from a pool of 223 projects, namely: PumpRoyale, VVLDrizzy, IP Infinity, OmiSwap, HelloACAI, DAOsaster, Chain Waves, BuildBlocks, UniV4Backtester, Betsy. Click to read

3.Sui: A “maverick” public chain

“The reason I chose SUI is because it has a clear development direction, which not all public chains have,” said multiple founders of the SUI project party to me. Click to read.

4. Counting the recent projects that have raised funds on TON but have not yet launched coin

After the turmoil of Telegram founder Durov’s arrest, TON on-chain’s TVL is gradually stabilizing and recovering. In the fourth quarter, potential protocols such as Blum and PixelSwap will have TGE. Recently, Sui has remained popular, indirectly bringing more attention to TON, which is also a non-EVM L1 public chain camp. In the fourth quarter, the TON ecosystem is still in a blue ocean stage with less competition, and it is in a latent period. There may be unexpected gains. Click to read more.

5. The frenzy psychology of memes

The psychological and social processes formed by the ‘Meme Coin Frenzy’ are similar to other frenzies, but in this case, it is driven by financial losses, emotional dependencies, and social acceptance gained through the cryptocurrency market and online communities. Click to read

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