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  1. TVL on Arbitrum Nova is growing!

  2. Ive been playing blockchain games for a few years now - it’s amazing the potential and growth that is being seen here but it’s got a long ways to go.

  3. anybody knows what you can use these services for other than money laundering?

  4. Start learning about Arbitrum Nova:

  5. people keep shouting moons are ded, but honestly, moons were never going to up just on mainnet without new inflow of money coming in; and one thing you guys aren't considering is that Arbitrum Nova is a brand new L2 that basically doesn't have anything else on it yet, and bridging ETH out from Arbitrum Nova to mainnet takes like a week.

  6. It’s moving up the leaderboard slowly:

  7. There’s no such thing as “ETH 2”.

  8. Great post, some additional resources:

  9. "Sharding (which will eventually be introduced by mid-2023) will not change throughput for Layer 1"

  10. Computational sharding was dropped.

  11. No, but people using Lido over Rocketpool and others are compounding an important problem.

  12. Generally in any given space a 70/30 rule applies. Once chains are actively used there will probably be a dominant L2, a second chain which still runs a decent amount of traffic and then I imagine a ton of ghost chains which people still like to use but just don't get anywhere near the traffic the top two do. Once something is created it doesn't just go away. 'Dead' tokens and chains will remain forever, probably with a small hardcore fanbase who either genuinely like the product or just bought a ton of it and refuse to believe it'll never come back.

  13. They’re launching Polygon zkEVM alongside zkSync and Scroll in a few months - this is the next generation of roll-ups, so I would actually say they’re ahead.

  14. Solana is criminally undervalued. The daily active users dwarf’s its competition.

  15. It doesn’t always lead the pack depending on the metric used, but it’s definitely in the top chains driving non-Ethereum adoption alongside BSC and Polygon:

  16. Be careful about even saying “the bottom”.

  17. Yep it’s a great idea and it already exists.

  18. This is a small subset of Bitcoin holders and the Bitcoin community.

  19. I don't think of people talking about the flippening as comparing them as being the same. I think they are just referring to market cap and nothing else.

  20. Bitcoin and Ethereum don't compete with each other. Stakeholders of each have wildly different long term goals and priorities.

  21. There’s probably far more overlap between the two than people give credit to.

  22. As an SAR it’s a capital gains tax free jurisdiction.

  23. I haven't had to yet, but it absolutely needs to be declared on your tax forms, and as far as I understand, the tax is calculated per sale.

  24. Unless you’re a professional trader and it’s considered “course of business” then capital gains tax does NOT apply.

  25. This is a very uni-directional thing to be honest they have to think of something other than this.

  26. It’s bi-directional. Initiations and exits.

  27. It wants to join the metaverse? How are Banks needed in the metaverse?

  28. Fiat on and off ramps are required to be compliant in the PH.

  29. It’s compliant under the VASP framework, which is actually fairly flexible and well targeted to digital asset custody.

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