Source: DaoShuo Blockchain
1. Have the percentages of Bitcoin and Ethereum in my portfolio remained unchanged?
The allocation of these two assets in my portfolio has not fluctuated significantly, with both consistently representing over 60% of my holdings.
2. The ETHS community is quite constructive, heading in a favorable direction. Have you considered buying back in?
Certain communities revolving around ETHS (such as Ethscriptions, Facet, etc.) show promise, but as I have previously mentioned, the development of Ethereum’s NFTs is currently lacking in diversity. There are few notable projects in this sector.
Recently, the Ethereum Foundation provided sponsorship to the Ethscriptions team, closely associated with ETHS, in hopes of further advancements in the Ethereum NFT space.
However, even with exceptional individual projects, it is challenging for a single entity to sustain an entire ecosystem, especially considering the lack of outstanding projects associated with ETHS.
Therefore, I have not significantly increased my ETHS holdings but have instead provided liquidity on facetswap to stay engaged with the facet ecosystem.
3. Cancun’s upgrade has paved a fast lane for ETH, opening up new possibilities.
I wholeheartedly agree with this perspective.
It is only when the tide recedes that we can truly see who is swimming naked. After this period of adjustment, as all assets settle down, and the market frenzy subsides, examining the current crypto ecosystem reveals that Ethereum has the most comprehensive infrastructure among major blockchains. It excels in the impossible trinity of decentralization, scalability, and security.
With the second-layer scaling solutions in place, the Ethereum ecosystem can now support high-speed, low-fee applications on a scale significantly higher than the previous cycle.
The focus of the crypto ecosystem in the coming period should be on innovating and developing applications. Currently, the ecosystem lacks breakout applications. However, when 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 have previously discussed 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 unwavering pursuit of decentralization. In the decentralized world he envisions, the primary concern is the decentralized issuance of currency, leading him to pen the referenced paper by Satoshi Nakamoto.
However, he ceased his research in the crypto ecosystem thereafter, redirecting his focus towards studying ethics in regulating artificial intelligence.
5. Starting a regular investment in the market at 60,000, while the price is not low, it is still acceptable. I personally believe the bull market is not over. If it ends, I will extend the investment period and wait for the next cycle, always investing only with idle funds.
While I maintain reservations about this reader’s approach due to the relatively high operational costs, I admire their strategy. In their plan, they are fully aware of the risks and rewards, and most importantly, they know how to mitigate risks (investing only with idle funds).
If such investors persist in their practices, enduring a few bull and bear cycles, they will undoubtedly mature into savvy investors and reap desirable returns.