Opportunities in the Ethereum Ecosystem

Source: Blockchain Insights
1. Have the positions of Bitcoin and Ethereum changed in my portfolio?
The allocation of these two assets in my portfolio has remained relatively stable, consistently making up over 60% of my holdings.
2. The ETHS community is constructive and moving in a positive direction. Have you considered buying back in?
The individual communities surrounding ETHS (such as Ethscriptions and Facet) are promising, but as I have previously mentioned, the development of Ethereum scripts is currently lacking in significant projects. Recently, there has been positive news as the Ethereum Foundation has provided sponsorship to the Ethscriptions team, hoping for further advancements in Ethereum scripts. However, individual projects, no matter how excellent, struggle to sustain an ecosystem, especially considering the lack of standout projects related to ETHS. Therefore, I have not heavily invested in ETHS, instead providing liquidity on facetswap to stay engaged with the facet ecosystem.
3. Cancun’s upgrade has paved a highway for ETH, opening up new possibilities.
I agree with this perspective. It is only when the tide recedes that the true swimmers are revealed. After this period of adjustment, when all assets settle down and the market frenzy subsides, we can see that among the major public chains, Ethereum has the most robust infrastructure, excelling in the impossible triangle of decentralization, scalability, and security. With second-layer extensions, the Ethereum ecosystem is now capable of supporting high-speed, low-fee applications at a level beyond the previous cycle. The focus of the crypto ecosystem in the near future should shift towards innovation and development on the application side. Currently, the crypto ecosystem lacks breakthrough applications. However, once new applications and scenarios emerge, I believe they will first appear in the Ethereum ecosystem.
4. What is DAI? Why are Ethereum’s transaction fees called WEI? Who is a Chinese individual, does anyone know him?
Regarding WEI DAI, I previously introduced him in an article. It is certain that he hails from mainland China. In an English article on his personal website, he recounts his grandfather’s harrowing experiences in mainland China from 1965 to 1975. These experiences fueled his relentless pursuit of decentralization. In the decentralized world he envisions, the primary issue to address is decentralized currency issuance, leading him to write the paper quoted by Satoshi Nakamoto. However, he shifted his focus from the crypto ecosystem to research on ethical regulations for artificial intelligence.
5. Starting with a $60 investment in Bitcoin, the price is somewhat high but acceptable. I believe the bull run is not over. If it is, I will extend my investment period and wait for the next cycle, always investing only with spare funds.
While I have reservations about this reader’s approach due to the slightly high operational costs involved, I still appreciate their strategy. They are aware of the risks and rewards of their actions and, most importantly, know how to mitigate risks by only investing spare funds. If such an investor persists, undergoes a couple of bull and bear cycles, they will undoubtedly become a mature investor and reap desirable returns.