硬分叉
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🚀 Ethereum's big move! The Gas limit skyrocketed to 80 million in January, making transactions faster and cheaper? $ETH
Attention crypto enthusiasts! Ethereum will implement a hard fork on January 7th, raising the Gas limit from 60 million directly to 80 million! What does this mean? 👇
🔥 Key highlights:
· Time: Expected to take effect after the hard fork on January 7th
· Change: Gas limit increased by 33% (60 million → 80 million)
· Goal: Increase transaction throughput and reduce fees
· Potential impact: The network can handle more operations, user costs may decrease, and ecosystem activity may heat up again
💡 Why is it important?
The Gas limit is like the "lane width" of Ethereum. As the lanes widen, more "vehicles" (transactions) can run simultaneously, alleviating congestion and making fees more affordable. Especially for users, projects, and on-chain applications with high-frequency interactions, this is a significant efficiency upgrade!
🛠 Operational suggestions:
1. Monitor hard fork progress: Pay attention to official announcements in early January to ensure asset safety
2. Adjust Gas strategy: After the upgrade, try lowering Gas prices when sending transactions to observe confirmation speed
3. Ecosystem opportunities: Speeding up and reducing fees may stimulate activity in DeFi, NFTs, and other scenarios, allowing for preemptive positioning of related assets
📉 Market reaction:
After the news broke, ETH experienced short-term volatility (around -4%), but technical upgrades often come with growing pains. In the long run, if the upgrade goes smoothly, Ethereum's competitiveness as a "secure settlement layer" will be stronger!
💬 Let's interact:
What do you think of this upgrade?
👉 Choose your opinion:
A. Positive! On-chain experience will be smoother
B. Cautious! Expansion may sacrifice some decentralization
C. Observing, will judge after the effects are out
Feel free to comment and discuss～ Remember to share with friends who care about Ethereum!
#以太坊 #Gas升级 #硬分叉 #区块链升级
Attention crypto enthusiasts! Ethereum will implement a hard fork on January 7th, raising the Gas limit from 60 million directly to 80 million! What does this mean? 👇
🔥 Key highlights:
· Time: Expected to take effect after the hard fork on January 7th
· Change: Gas limit increased by 33% (60 million → 80 million)
· Goal: Increase transaction throughput and reduce fees
· Potential impact: The network can handle more operations, user costs may decrease, and ecosystem activity may heat up again
💡 Why is it important?
The Gas limit is like the "lane width" of Ethereum. As the lanes widen, more "vehicles" (transactions) can run simultaneously, alleviating congestion and making fees more affordable. Especially for users, projects, and on-chain applications with high-frequency interactions, this is a significant efficiency upgrade!
🛠 Operational suggestions:
1. Monitor hard fork progress: Pay attention to official announcements in early January to ensure asset safety
2. Adjust Gas strategy: After the upgrade, try lowering Gas prices when sending transactions to observe confirmation speed
3. Ecosystem opportunities: Speeding up and reducing fees may stimulate activity in DeFi, NFTs, and other scenarios, allowing for preemptive positioning of related assets
📉 Market reaction:
After the news broke, ETH experienced short-term volatility (around -4%), but technical upgrades often come with growing pains. In the long run, if the upgrade goes smoothly, Ethereum's competitiveness as a "secure settlement layer" will be stronger!
💬 Let's interact:
What do you think of this upgrade?
👉 Choose your opinion:
A. Positive! On-chain experience will be smoother
B. Cautious! Expansion may sacrifice some decentralization
C. Observing, will judge after the effects are out
Feel free to comment and discuss～ Remember to share with friends who care about Ethereum!
#以太坊 #Gas升级 #硬分叉 #区块链升级
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Soft Forks and Hard Forks: The Secrets of Blockchain Splits | 100-Day Crypto Challenge Day 40
Hello everyone! Today's 100-day challenge in the crypto world, we are going to talk about two types of fork mechanisms in blockchain - Soft Fork and Hard Fork. Both are important methods for blockchain upgrades and transformations, with profound impacts on network operations and participants. Today, let's learn about their differences, operating principles, and practical applications!
Adjustment and Transformation 🏗️
If we compare blockchain to a straight highway, a soft fork is like adjusting road signs, which does not require rebuilding the highway, and all vehicles can continue to drive; whereas a hard fork is like adding a completely new branch road, allowing some vehicles to turn onto the new road, but the two roads will diverge and operate independently.
Adjustment and Transformation 🏗️
If we compare blockchain to a straight highway, a soft fork is like adjusting road signs, which does not require rebuilding the highway, and all vehicles can continue to drive; whereas a hard fork is like adding a completely new branch road, allowing some vehicles to turn onto the new road, but the two roads will diverge and operate independently.
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A look ahead to major cryptocurrency events in May 2023
To learn more about #区块链 , please click on the upper right corner to follow Pang Tong’s Binance Square account
Core concerns: Federal Reserve interest rate decision, US non-farm payroll data in April, US CPI in April
#撸毛 #空投 Tool collection: https://cryptowikipedia.xyz
Monday, May 1
US Litecoin Visa Card to be discontinued
Fed announces results of supervisory review of Silicon Valley Bank case
Tuesday, May 2
Buffett's shareholder meeting held in Omaha, USA
Wednesday, May 3
#Sui officially launched the mainnet
Thursday, May 4
Federal Reserve announces interest rate decision
Core concerns: Federal Reserve interest rate decision, US non-farm payroll data in April, US CPI in April
#撸毛 #空投 Tool collection: https://cryptowikipedia.xyz
Monday, May 1
US Litecoin Visa Card to be discontinued
Fed announces results of supervisory review of Silicon Valley Bank case
Tuesday, May 2
Buffett's shareholder meeting held in Omaha, USA
Wednesday, May 3
#Sui officially launched the mainnet
Thursday, May 4
Federal Reserve announces interest rate decision
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🚨 In-Depth Analysis | Berachain Emergency Network Suspension: $12 Million Risk in the Game of Security and Decentralization
On November 3rd, the emerging public chain Berachain coordinated the validator nodes to urgently suspend the entire network and execute a hard fork due to threats from a Balancer V2 access control vulnerability affecting its DEX (BEX), putting approximately $12 million of user funds at risk.
🔍 Core Analysis of the Event
Root of the Vulnerability
Originated from a flaw in Balancer V2 access control, allowing attackers to convert forged fees into real assets
This vulnerability has caused a total loss of $128 million across the cross-chain ecosystem, exposing the systemic risks of DeFi Lego blocks.
Responses and Controversies
Berachain implemented a "necessary but controversial" hard fork suspension through rapid coordination with validators
The team admits that their network has not yet reached Ethereum-level decentralization, and has instead become an "advantage" in the crisis
The incident has sparked renewed reflection in the industry on the immutability of blockchain and the protection of user assets.
🛡️ Security Insights and Action Guidelines
Supply Chain Security Audit
Core contracts that are forked or referenced must undergo independent in-depth audits; reliance on "audited" assumptions is not acceptable.
Emergency Response Mechanism
Plan upgrade/suspension schemes for extreme situations in advance, clarifying trigger conditions and execution processes.
Gradual Decentralization
In the early stages of new public chain development, a pragmatic balance must be found between security and idealized decentralization.
💎 Summary
This incident reveals a reality: in the complex DeFi ecosystem, security is a dynamic practice process. Whether it is an emerging public chain or a mature protocol, a multi-layered defense system covering technology, governance, and supply chain must be established.
#Berachain #DeFi安全 #硬分叉 #供应链风险 #区块链治理
On November 3rd, the emerging public chain Berachain coordinated the validator nodes to urgently suspend the entire network and execute a hard fork due to threats from a Balancer V2 access control vulnerability affecting its DEX (BEX), putting approximately $12 million of user funds at risk.
🔍 Core Analysis of the Event
Root of the Vulnerability
Originated from a flaw in Balancer V2 access control, allowing attackers to convert forged fees into real assets
This vulnerability has caused a total loss of $128 million across the cross-chain ecosystem, exposing the systemic risks of DeFi Lego blocks.
Responses and Controversies
Berachain implemented a "necessary but controversial" hard fork suspension through rapid coordination with validators
The team admits that their network has not yet reached Ethereum-level decentralization, and has instead become an "advantage" in the crisis
The incident has sparked renewed reflection in the industry on the immutability of blockchain and the protection of user assets.
🛡️ Security Insights and Action Guidelines
Supply Chain Security Audit
Core contracts that are forked or referenced must undergo independent in-depth audits; reliance on "audited" assumptions is not acceptable.
Emergency Response Mechanism
Plan upgrade/suspension schemes for extreme situations in advance, clarifying trigger conditions and execution processes.
Gradual Decentralization
In the early stages of new public chain development, a pragmatic balance must be found between security and idealized decentralization.
💎 Summary
This incident reveals a reality: in the complex DeFi ecosystem, security is a dynamic practice process. Whether it is an emerging public chain or a mature protocol, a multi-layered defense system covering technology, governance, and supply chain must be established.
#Berachain #DeFi安全 #硬分叉 #供应链风险 #区块链治理
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