May you gain something more precious than wealth—improvement in understanding, maturity in mindset, and disciplined habits—during every journey in the cryptocurrency world. #加密市场观察 $BTC $ETH $BNB
$EGLD A hard fork is a fundamental change to a blockchain protocol's rules that creates a permanent divergence from the original chain. Unlike a soft fork (which is backward-compatible), a hard fork makes previously valid blocks or transactions invalid on the new chain. This often results in two separate blockchains: the original and the forked version. Hard forks typically occur to fix critical bugs, introduce major upgrades, or resolve community disputes. Why Do Hard Forks Happen? Security fixes: To patch vulnerabilities, like the 2016 DAO hack on Ethereum, which led to a hard fork to recover stolen funds. Upgrades: To implement new features, such as improved scalability or privacy (e.g., Ethereum's ongoing upgrades like the recent Pectra hard fork). Disagreements: Community splits, as seen with Bitcoin Cash forking from Bitcoin over block size limits. How It Works Consensus shift: Nodes (computers running the blockchain software) must upgrade to the new rules. Non-upgraded nodes reject the new chain. Chain split: At the fork block, the blockchain branches. Users with coins on the original chain get equivalent coins on the new one (e.g., Ethereum holders got Ethereum Classic after the DAO fork). Risks: Potential for replay attacks (transactions valid on both chains) or value loss if one chain fails to gain traction. Recent Examples (as of December 2025) Ethereum: The Pectra upgrade (May 2025) enhanced staking and scalability without downtime across 17 major forks since genesis. Cardano: A discreet hard fork in late 2025 addressed ledger errors, involving deep restructuring for better reliability. Beldex: The Obscura hard fork introduced Bulletproof++ for unbreakable privacy, faster syncs, and stealth addresses—boosting real-world usability for $BDX. Bitcoin: No major forks recently, but discussions persist on quantum-resistant upgrades, potentially via hard fork with ZK proofs for #BTCVSGOLD account migration. Hard forks highlight blockchain's decentralized nature: they're powerful but require broad agreement to succeed. If you're asking about a specific one (e.g., in crypto or the NYT podcast), let me know for more details! #BinanceBlockchainWeek $EGLD
$EGLD A hard fork is a fundamental change to a blockchain protocol's rules that creates a permanent divergence from the original chain. Unlike a soft fork (which is backward-compatible), a hard fork makes previously valid blocks or transactions invalid on the new chain. This often results in two separate blockchains: the original and the forked version. Hard forks typically occur to fix critical bugs, introduce major upgrades, or resolve community disputes. Why Do Hard Forks Happen? Security fixes: To patch vulnerabilities, like the 2016 DAO hack on Ethereum, which led to a hard fork to recover stolen funds. Upgrades: To implement new features, such as improved scalability or privacy (e.g., Ethereum's ongoing upgrades like the recent Pectra hard fork). Disagreements: Community splits, as seen with Bitcoin Cash forking from Bitcoin over block size limits. How It Works Consensus shift: Nodes (computers running the blockchain software) must upgrade to the new rules. Non-upgraded nodes reject the new chain. Chain split: At the fork block, the blockchain branches. Users with coins on the original chain get equivalent coins on the new one (e.g., Ethereum holders got Ethereum Classic after the DAO fork). Risks: Potential for replay attacks (transactions valid on both chains) or value loss if one chain fails to gain traction. Recent Examples (as of December 2025) Ethereum: The Pectra upgrade (May 2025) enhanced staking and scalability without downtime across 17 major forks since genesis. Cardano: A discreet hard fork in late 2025 addressed ledger errors, involving deep restructuring for better reliability. Beldex: The Obscura hard fork introduced Bulletproof++ for unbreakable privacy, faster syncs, and stealth addresses—boosting real-world usability for $BDX. Bitcoin: No major forks recently, but discussions persist on quantum-resistant upgrades, potentially via hard fork with ZK proofs for #BTCVSGOLD account migration. Hard forks highlight blockchain's decentralized nature: they're powerful but require broad agreement to succeed. If you're asking about a specific one (e.g., in crypto or the NYT podcast), let me know for more details! #BinanceBlockchainWeek $EGLD
🔥Brothers, please take two days off. Thank you for your understanding and support. You support my ambition to ascend, and I will walk through the snow to the mountain top.$PEPE {spot}(PEPEUSDT)
Good morning💗💗 The dawn is breaking, and the code awakens In the world of 0s and 1s, there is no narrative of lying down to win, only the logic of continuous verification. Regardless of bulls or bears, stay alert, keep learning. Good morning, explorers of the crypto world——remember, hold onto value, hold onto faith! #BNB
#Alpha How many brothers are involved in Binance because of the Alpha event??? Binance's future development will still provide many benefits to participants, gogogo, 8888888 pepe benefit red envelopes 🧧🧧🧧 initiated
From May 7 to 13, 2022, the cryptocurrency world experienced the most brutal week in human financial history: the death spiral of UST and LUNC. The former king of algorithmic stablecoins, UST, pegged to $1, attracted hundreds of billions in funding with a 20% annual yield through the Anchor protocol. On May 7, whales continuously sold off billions of dollars in UST in the Curve pool, decoupling it to just $0.03, which was like toppling a domino chain. LFG (Luna Foundation Guard) frantically sold BTC to support the price, and in the market panic, UST accelerated its demise, plummeting to $0.3 on May 11. LUNC (then called LUNA) began an infinite printing dilution, with its price crashing from $80 to $0.0001, evaporating $60 billion in six days, marking the largest single-asset zeroing event in human history. Hundreds of thousands of retail investors went bankrupt overnight, a South Korean programmer went missing after leaving his phone by the Han River, and a father in Europe sold his house to go all-in before taking drastic measures. The cryptocurrency community was filled with wails of despair. Do Kwon tweeted, "Deploying more capital - steady lads," but fled after the collapse and was eventually captured in Montenegro. The warning is just one sentence: Uncollateralized "stability" is merely faith, and behind the 20% annual yield is always a 100% risk of zeroing out. When everyone is making "risk-free arbitrage," the death spiral has already begun. Always remember, there are no gods in the cryptocurrency world, only the cycle of the sickle and the chives. $BTC {future}(BTCUSDT) $ETH {future}(ETHUSDT) $BNB {future}(BNBUSDT)
This morning there is new movement in the crypto circle, here are some key points for everyone 👇 #加密市场观察 1️⃣ Whale increases position in AAVE A certain whale recently increased their holdings of AAVE by 80,900 tokens at an average price of $173 through a circular loan, with a liquidation price of $117.7, this operation has directly labeled AAVE as 'favorable'~
2️⃣ Small storm in the Solana ecosystem The Solana community questions the risk disclosure of Jupiter Lend, Kamino has already suspended the one-click migration tool, everyone involved with Solana projects should pay attention to the risks ⚠️
3️⃣ Pump.fun spent 200 million on repurchase Pump.fun has already repurchased over 200 million USD worth of PUMP tokens, this real money operation is a reassurance for PUMP holders 💊
"About Capital Management" The methods of capital management are worth learning from. Divide the capital into three parts: one for trading, one for margin calls, and one for living expenses. After the trading account profits, divide the profit into three parts, take one part to add to the trading capital, and the other two parts to add to living and margin call funds. If there is a loss, use the margin call funds to cover the gap, and repeat the process. This method is what I consider to be the most reasonable way to manage positions, ensuring that losses do not lead to significant drawdowns while profits grow steadily. Speculation is not gambling; survival is the lifelong goal of every trader.