DAO

daisyhoa

I'm also looking for altcoins for the next 6-12 months, focusing mainly on AI and DePIN because adoption and catalysts are becoming clearer. Besides holding listed coins, I find participating in early launchpads an effective way to get a good entry price. I'm currently using Legion as my main platform because allocation based on merit is quite clear, and the project curates well. Compared to CoinList, allocation is much easier (no heavy queues or oversubscribed issues), and compared to Seedify or DAO Maker, Legion has less drama, less rug, and much better transparency. Its performance after listing is also significantly better.

AutoModerator

Post is by: Accomplished-Eye5567 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1svpzfp/litecoin_hit_with_a_zero_day_attack/ It’s hack szn and Litecoin is the latest to be targeted after Aave and a number of DeFi protocols got hit \> Zero-day discovered in the MWEB privacy layer \> Coordinated DoS on major mining pools \> Attacker used the window to push invalid peg-outs from MWEB MWEB = MimbleWimble Extension Blocks. It’s Litecoin’s optional privacy layer, activated via soft fork in May 2022, that lets users do confidential transactions DoS = Denial of Service (common brute force hack) Bridges / swap protocols that optimized for speed over block finality may have had double spends while bridges/protocols that waited for more confs are unaffected Near Intents may have about $600k in exposure and THORChain may have had 1-2 swaps effected Overall, this is the only known publicly reported $ exposure thusfar. There could be more after audits are conducted on potential trouble spends DeFi protocols have lost over $750 million to exploits in 2026 through mid-April, including the $292 million Kelp DAO bridge drain on April 19 and a $285 million attack on Solana-based perpetuals platform Drift on April 1 This is all a reminder to stay SAFU in a time of unprecedented software attacks *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

IInsulince

I don’t believe DAO was a hack when it happened. It was an exploit of a flaw in how smart contracts work, but it was simply executing the contract as it was written. I also don’t think rolling it back was the right solution specifically for the reason you said: it proves that the ledger isn’t immutable. It sucks that all those funds should have been stolen forever, but that’s what an immutable and uncensorable ledger is. The initial problem was in the design of the contract that got exploited.

Mammoth_Cover_3392

just a few voters can change everything in a DAO

HSuke

It's part of the ARB DAO. Holders of ARB vote on them. 6 are elected every year.

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1ss7wlt/btc_hit_78348_on_friday_when_iran_declared_the/ If you want to understand what's been moving BTC this past week, the chart is basically a transcript of the US-Iran diplomatic calendar. **Friday:** Iran's Foreign Minister announced the Strait of Hormuz was "completely open" as part of ceasefire terms. BTC swept to $78,348: highest print since February 4. Oil dumped from \~$100 to sub-$89 in hours. S&P 500 pushed through 7,000. **Weekend to Monday:** Ceasefire deadline pressure. US-Iran maritime clashes. Iran rejected a second round of talks. BTC flushed back to $73,753. $83 billion wiped from total crypto market cap. **Tuesday:** Reports that a US delegation was heading to Islamabad for a second round of negotiations. BTC bounced to $76,944 intraday. Then both sides escalated rhetorically and it pulled back. $97 million in leveraged positions liquidated: 64% of them shorts, so the market is still leaning bullish despite everything. Today the ceasefire technically expires. Second round of talks is underway. Fear & Greed sits at 33. Kevin Warsh's Fed confirmation hearing is running simultaneously. The past five days have made one thing very clear: this market is moving on events that happen at 3am with zero warning and zero runway. [The $78K-to-$73K round trip took roughly 72 hours.](https://news.bitcoin.com/bitcoin-seesaw-geopolitical-uncertainty-shakes-btc-price-ahead-of-us-iran-deadline/) The Kelp DAO hack on Saturday was another version of the same lesson from a different angle: Aave's WETH pools froze mid-crisis and depositors couldn't exit their positions while the price moved around them. In an environment like this, the gap between wanting to act and being able to act matters. That's partly why non-custodial setups are worth thinking about. If you're on a platform that requires KYC approval, withdrawal queues, or holds custody of your assets, the headline has already moved by the time you're in position. [OrangeRock is Bitcoin.com's take on this problem](https://www.orangerock.xyz): a mobile-first DEX with spot and perps, no KYC, no registration, built on Hyperliquid. Your keys, your call, whenever the news breaks. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1ss7s33/kelpdao_followup_arbitrum_froze_71m_of_the_stolen/ A lot has moved on the Kelp/Aave situation since Saturday so it's worth doing a proper update because the picture is meaningfully different from the initial chaos. **What's been recovered:** The Arbitrum Security Council executed an emergency freeze of 30,766 ETH (roughly $71 million) sitting in an attacker-controlled address on Arbitrum One on Monday night. The Council said it acted on input from law enforcement regarding the exploiter's identity. The funds have been moved to a governance-controlled wallet and can't be accessed without further Arbitrum governance action. That's about a quarter of the total stolen recovered so far. **The official bad debt picture:** [Aave Labs and risk management firm LlamaRisk published a formal incident report](https://news.bitcoin.com/incident-report-llamarisk-aave-service-providers-detail-kelp-rseth-hack-across-ethereum-and-arbitrum-markets/) on April 20 covering two scenarios. Scenario 1: if Kelp socializes losses across all rsETH holders, the token depegs roughly 15% and Aave is left with around $124 million in bad debt spread across 7 markets. Scenario 2: if losses are isolated to L2 networks, bad debt rises to approximately $230 million concentrated on Arbitrum and Mantle. Which scenario plays out depends entirely on how Kelp decides to allocate the shortfall: that decision hasn't been made yet. The attacker split the stolen rsETH across seven wallets, deposited across Aave V3 and borrowed \~$190 million in WETH and wstETH, with loan health factors sitting between 1.01 and 1.03. Those positions are still live and can't be meaningfully liquidated while rsETH is frozen. **Liquidity situation:** Aave's WETH pool on Ethereum Core V3 has been unfrozen: users can supply WETH again and some withdrawals are processing. However WETH remains frozen on Ethereum Prime, Arbitrum, Base, Mantle, and Linea. About $204 million in core USD liquidity was repaid within 48 hours as the panic subsided. AAVE token itself has recovered from a low of roughly $80 back to around $93 as confidence partially returned. **The structural exposure:** Aave's DAO treasury holds $181 million as of April 20. $62 million in ETH-correlated assets, $54 million in AAVE tokens, $52 million in stablecoins. The DAO generated $145 million in protocol revenue in 2025. Depending on which scenario unfolds, the treasury is either approximately sufficient to cover the shortfall or gets uncomfortably close to its limits. Service providers have already been securing indicative recovery commitments from ecosystem participants, which is the DeFi equivalent of calling in favours. The Kelp vs. LayerZero dispute over responsibility for the exploit is ongoing and unresolved. Kelp has not yet published how it plans to allocate losses. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

artiface

ETH forked to revert the first DAO hack, so L1 is not really any better than L2, but that was the miners choice at the time so at least somewhat democratic.

Good-Book-6912

I read some rekt retweets where it was made clear that some of the bugs that happened are literally impossible with Scrypto on Radix. Unfortunately they were too incompetent to deliver a scalable network, but Scrypto seems to be good. Gemini also says that Sui Move is safer than Solidity. Easier for developers to not shoot themselves in the feet. * **Reentrancy Immunity:** Reentrancy—the vulnerability behind the famous DAO hack—is mathematically impossible in Move by design. Its linear type system ensures a resource can only be referenced by one transaction at a time, preventing recursive calls from manipulating a state before the first execution finishes. * **Built-in Asset Scarcity:** In Solidity, "assets" are just numbers in an account balance. In Move, assets are **Resources** that the compiler strictly regulates—they cannot be accidentally copied, double-spent, or "dropped" (deleted) unless explicitly permitted. * **Static Dispatch:** Solidity uses dynamic dispatch, meaning function calls are resolved at runtime, which can hide malicious code. Move uses **static dispatch**, resolving calls at compile time so the order and logic are known and verifiable before execution. I will admit that I don't understand the last one.

taigarawrr

Solana’s DAO exploit was a one of one as well. Any places with one of one verifier approval configurations are going to be hit as well, surprised they didn’t want or think to change it…

Good-Book-6912

I was told this by Gemini. Is it in any way wrong? "The "Kelp hack" refers to a significant security exploit of the **Kelp DAO** (a liquid restaking protocol) that occurred on **Saturday, April 18, 2026**. The primary programming language involved in this incident was **Solidity**."

AutoModerator

Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/?activity_search=%23Blockchain 🚨 $293M Gone: Kelp DAO Hack Explained for Beginners The biggest DeFi exploit of 2026 just happened and it’s still unfolding. https://animalverse.social/community/?activity\_search=%23Blockchain \#KelpDAO #DeFiHack #CryptoExploit #Aave #LayerZero #Ethereum #Web3 #CryptoSecurity #Blockchain #CryptoNews *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

CreamCapital

Hear me out. Maybe the KelpDAO hacker can secure a deal where Justin exiles himself to the Galápagos Islands forever and we don’t have to ever read about him again. In return they unwrek the DAO.

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1sqcigm/btc_still_sitting_at_7475k_after_the_worst/ While DeFi experienced its worst weekend of the year; * $292 million drained from Kelp DAO, * $6.6 billion in TVL evaporating from Aave, * AAVE down 17%, emergency freezes across 9+ protocols), Bitcoin spent the weekend ranging quietly between $74,000 and $75,500. It didn't crash or spike. It just sat there. In previous cycles, a DeFi contagion event of this scale would have dragged BTC down as the market repriced systemic risk across the whole ecosystem. The fact that it didn't suggests something structural has shifted in who's actually holding Bitcoin, and on what infrastructure. The ETF holders, the Schwab clients, the institutional allocators, are [not exposed to rsETH or LayerZero bridges](https://news.bitcoin.com/zachxbt-flags-280m-kelpdao-exploit-hitting-ethereum-defi-lending-markets/). Their Bitcoin exposure is custodied at Coinbase and BNY Mellon, sitting in regulated trust structures that have zero connection to the DeFi composability stack that just blew up. Speaking of which, Charles Schwab formally launched Schwab Crypto this week, opening direct spot BTC and ETH trading to its clients at 75 basis points per trade. That's not cheap by crypto-native standards, but Schwab has 34 million active brokerage accounts. The product doesn't need to be price-competitive with Coinbase. It just needs to be convenient and trusted, and for that audience it is both. Bitcoin ETF total assets crossed back above $100 billion this week on the back of strong inflows, the first time since the bear market deepened in February. The week ending April 17 saw some of the heaviest single-day inflows of the year. The picture being painted is a market in genuine bifurcation. DeFi is running hot with innovation, yield, composability. And apparently, with hackers who can drain $292 million in 46 minutes. Bitcoin, increasingly wrapped in regulated ETF structures and accessible through traditional brokerages, is becoming something different. Less volatile relative to its own history, less correlated with DeFi drama, more insulated from smart contract risk. Whether that's good or bad for the soul of crypto is a separate debate. As a price dynamic heading into the next six months, it's probably bullish for BTC specifically. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

AutoModerator

Post is by: Bcom_Mod and the url/text [ ](https://goo.gl/GP6ppk)is: /r/bitcoin_com/comments/1sqc9dv/292m_stolen_from_kelp_dao_on_saturday_stolen/ It's the biggest DeFi story this year, and is leaving a lot of people wondering if DeFi as a concept, is done for good. Kelp DAO's LayerZero-powered cross-chain bridge was attached at 17:35 UTC on Saturday, exploiting a flaw in its cross-chain messaging layer. What the attacker achieved, was tricking the DAO into thinking a legit instruction arrived from another network, which caused it to release 116.5k rsETH to an attacker-controlled address. The total amount was roughly 18% of rsETH's entire circulating supply. The attacker's next move is what signalled a deeply problematic issue that has plenty of people starting this week with doubts towards the future of DeFi utility. Instead of cutting and running with the stolen crypto, the attacker deposited it all onto Aave V3 as collateral, and borrowed legitimate ETH against it. Aave's smart contracts had no way of distinguishing fraudulent collateral at the time of the deposit, so it accepted the positions and allowed the attacker to walk away with 106k ETH. That's a $250m total value in wrapped ETH, while Aave was left holding rsETH-backed loan positions as frozen collateral. You can only imagine the cascading chaos that ensued. * rsETH markets frozen on Aave V3 and V4, * Sparklend frozen, * Fluid frozen, * Lido paused deposits into earnETH, * WETH pool on Aave (39% of all outstanding loans on Aave) hits 100% utilisation, * Users rushing to exit as many begin to realise withdrawals have halted. [With suppliers stuck on the protocol, TVL dropped from $26.4b to \~$20b: a 24% collapse in just hours.](https://news.bitcoin.com/defi-lender-aave-battles-withdrawal-crisis-after-kelpdao-rseth-exploit/) Aave's token fell 17.7% on the day. With $177-$200m in bad debt sitting in Aave, it's said that even the protocol's Umbrella backstop mechanism may not fully cover the deficit. This could mean that stkAAVE holders are left absorbing the losses. This is the third nine-figure DeFi hack in the past 20 days. rsETH-backed wrapped versions also exist across more than 20 blockchains. With over $600 million stolen in 19 days, the industry is facing an uncomfortable question about whether AI is genuinely accelerating attacker capabilities. The Drift attack used AI-powered social engineering to execute a 12-minute drain after three weeks of infiltration. $292 million. 46 minutes to drain. 3 hours for Kelp to post publicly. DeFi composability is the feature that makes this possible and the liability that makes it catastrophic. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

LufyCZ

The whole point is that it can crack encryption. We know that it can, like, mathematically. Something the ends justify the means, for example, the The DAO fork on Ethereum ended up clearly being the right choice.

Saffuran

I wonder if someone over at RAVE or a large investor in RAVE used their capital there and understanding of DAO architecture to perform the KelpDAO/AAVE exploit. Both events happening at around the same time is cause for concern that there may be some relation. 

Azatis-

Attacker drained 116,500 rsETH ($292M) from Kelp DAO's LayerZero bridge He then deposited the stolen rsETH as collateral on Aave V3 to borrow \~$236M in WETH. Because the rsETH is now unbacked, those positions are unliquidatable. Aave is now stuck with \~$280M in bad debt it cannot recover. Panic withdrawals have followed: $5.4 BILLION in [$ETH](https://x.com/search?q=%24ETH&src=cashtag_click) outflows, with Justin Sun pulling 65,584 ETH ($154M) alone. ETH utilization has maxed out at 100%, which means there's almost no ETH left to withdraw. This is the FIRST real-world test of Aave's Umbrella safety module & the BIGGEST DeFi exploit of 2026. Copy pasted from article

jekpopulous2

In this case it wasn’t a vulnerability in Layer Zero itself… it was the way that Kelp DAO had things configured. They were using their own DVN and it wasn’t locked behind a multi-sig. Someone got their key and attested to the transaction. Insane that they would be using a 1-1 configuration and there was no multisig on the only DVN. Looking at other LSTs they pretty much all use at least 5 DVNs with multi-sig on each of them. Layer Zero should probably enforce a minimum 3/5 but they let protocols chose their own modular security models and in this case Kelp chose to do the dumbest thing imaginable.

ClearSnakewood

CIAO not DAO

jenya_

> The Exploit: Attackers exploited the Kelp DAO rsETH bridge, which resulted in the theft of collateral (rsETH). > Impact on Aave: The attacker used the stolen rsETH as collateral to borrow, leaving roughly $177 million to $200 million in bad debt within Aave's Wrapped Ether (wETH) pool.

snangsnang

DAO not DAI.

Mystery_Dos3

Explain why please. I have not followed crypto since 2020. DAO was the best stablecoin since it wss decentralized ... what changed?

IInsulince

This is exactly how I look at it. Bitcoins value proposition is that it’s censorship resistant and immutable. If you change that, even if it’s “well intentioned”, then that value proposition isn’t worth anything. Bitcoin would be no different than the Ethereum DAO hack which rolled back its blockchain and thus proved it’s a shitcoin that can be changed at will. To anyone who disagrees: Concerned the price will drop if someone snatches the coins? Great, me too, but the proposed solution might be an even quicker way to drive the price to $0.

lamgineer

Ethereum is doing just fine 10 years after forcing a hard fork to restore investors fund because of the DAO fiasco. Bitcoin will be fine no matter what.

BroScience2025

In all reality, TRON is not really decentralized either. If it was I would have been wiped out in 2022. It has a central actor with deep pockets, the DAO, and Tron Inc (a corporate entity with a Treasury) which backstops the network financially. Justin Sun has long since given up any pretense of decentralization in the name of stability and the ability to respond to threats rapidly. And now that they have institutional partners like Anchorage and Securitize hoping on board, among others, this is a trend I doubt will be reversed anytime soon.

coinfeeds-bot

tldr; World Liberty Financial, a Trump-linked crypto project, faces new scrutiny after partnering with AB DAO, which had promoted a resort tied to later-sanctioned figures linked to Cambodia’s Prince Group. WLFI says it found no sanctioned ties, but reports say it missed the connection during due diligence. Combined with its self-borrowing structure and ongoing congressional probes, the news has hurt confidence, sending WLFI down about 10% and raising liquidation risk on loans backed by its own volatile token. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

AutoModerator

Post is by: guveniscan and the url/text [ ](https://goo.gl/GP6ppk)is: https://www.coindesk.com/business/2026/04/07/trump-linked-world-liberty-faces-scrutiny-over-ties-to-sanctioned-network-the-times World Liberty Financial, a Trump-linked cryptocurrency venture, faces scrutiny over its partnership with AB DAO, which was later sanctioned by the U.S. and U.K. for alleged ties to a major fraud network. Despite claims of conducting due diligence, The Times found that World Liberty was unaware of AB DAO's connections to Cambodia’s Prince Group, a transnational criminal network. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Economy_Appearance72

Dexe being adopted by many DAO .... Repricing occurring, plus it's deflationary, BNB vibes...

anymonero

Their DAO is collapsing, why would anyone buy the token? lol

HSuke

CZ can't execute a rollback. He doesn't have the power even with 51% of the stake. The protocol doesn't support it, especially now that it's using PoS with a finality gadget. The best he can do is hard fork the network, which splits the community. After the DAO, the whole Ethereum community agreed to execute an irregular state change, which changed the balance of 2 addresses. Unlike a normal PoW reorg that can be executed by a single mining pool, an irregular state change requires community agreement since all endpoints would need to upgrade their nodes.

MinimalGravitas

> they had to fork it, then in practice it got hacked. Firstly, it's worth noting that Ethereum upgrades through forks, the most recent hard fork was 4 months ago (Fusaka). The term 'fork' isn't considered a sinful word in Ethereum in the same way as in the Bitcoin community... in fact the EF website that tracks Ethereum upgrades is called ['Forkcast'](https://forkcast.org/). Secondly, the DAO wasn't integral to the chain, as demonstrated by the fact that fork didn't save the DAO, it just returned the funds of those whose ETH was stolen from it. You are right that it could have been a problem for the attacker to have had so much ETH years later when the chain moved to PoS, but there were multiple ways to resolve that, such as soft forking to freeze the stolen ETH rather than hard forking to return it (or I guess even doing the 'rollback' that for some reason half this thread seems to believe happened!). I really don't think it is reasonable to claim that 'in practice it got hacked', unless you don't really care what words mean?

Mokhlis_Jones

DAO hack? Ethereum is old news

MinimalGravitas

> effectively reversing every transaction that happened since'' This is EXACTLY what happened, you have described the fork... No, that isn't what happened. Only transactions related to the DAO hack were reversed. Everything else was entirely untouched. The chain wasn't wound back to an earlier block. If you had sent ETH to Coinbase, or registered an ENS name, or set up Gnosis Safe multisig, or whatever else you were doing on Ethereum back then it was totally unaffected. > but this is publicly available knowledge. It is, but it seems like you haven't actually looked it up? The hard fork is detailed here: https://eips.ethereum.org/EIPS/eip-779 ETH was taken from the attacker in an 'irregular state change', 116 addresses were impacted, no blocks were wound back, no other transactions were impacted.

MinimalGravitas

Haha sure, that would have been true, but the Ethereum chain wasn't hacked, only The DAO.

MinimalGravitas

In that case your memory has failed you, Ethereum didn't get 'hacked'. An application built on top of it (The DAO) was exploited. If a PC game you are playing gets exploited you wouldn't say that your operating system got hacked, right?

MinimalGravitas

> The split between Eth and Eth Classic, was an effective rollback. They split the chain at a date before the hacker had access to the funds. Hence, a defacto rollback. Where have you got this idea from? The term 'rollback' has a meaning, you return the chain to a previous state, effectively reversing every transaction that happened since. That is not what happened to resolve the DAO hack. It wasn't a rollback, 'defacto' or otherwise! Only transactions related to the DAO hack were reversed, if you weren't involved then none of your transactions were undone. As far as I remember, the only significant chain that has actually done full rollbacks is Bitcoin. Once in 2010 to remove the 184 million BTC that were created; and once in 2013 when the mining entity 'BTC Guild' wound back the chain to before Bitcoin version 0.8.

mezmezik

While there was no specific outage, the DAO hack led to a hard fork, which created major friction within the community. That event alone was significant and caused some people to lose trust in Ethereum.

cavolfiorebianco

Worldcoin has absolutely nothing to do with OpenAI nor anything to do with AI in the first place. It’s been exposed by multiple cryptoinvestigators, including ZachXBT and DeFi\^2, as a low-float high-FDV scam built on hype, incentives, and dumping on gullible retail over and over again. The ORBS buy mentioned was done with World Foundation’s own money, they just bought their own token in this randabound way to simulate investor interest in a pnd scheme (this Is all public). ORBS just looks like another money grab by convicted fraud Dan Ives, and WLD itself has no real value. Most individual holders are still south-Koreans retail, worldcoin listed the token in Korea early on without having a translated whitepaper and unfortunately Koreans who don't know English fell for it and are still the one holding the bags (this is word for word from the ZachXBT and Defi\^2 report). That alone should tell people what kind of project this is. Some of the people tied to it have also been linked to other shady DAO scams, like u/lay2000lbs from POOL, which is down 99,999% So why exactly should anyone fall for this obvious rugpull again? Are there seriously no better things to promote? If you want to promote stocks connected to OpenAI, whatever, that’s a different discussion. But stop trying to imply Worldcoin has anything to do with OpenAI, because it doesn’t, never did, and never will. That’s just cope, if you want to talk about the stocks this is the wrong subreddit since those aren't crypto.

chubs66

It's a bit ironic that Charles Hoskinson, the founder and sole face behind Cardano, is promoting it as a DAO. I don't know of any single crypto more tightly tied to a personality.

Automatic-Train-9153

Didn’t the DAO narrative die in 2023?

Ourcrypto_news

If Cardano really hosts the world’s largest DAO now, that’s huge for on-chain governance. Shows the ecosystem is scaling in a meaningful way.

jawni

Yeah and he also said they had the world's largest airdrop because they stretched the allocation of the NIGHT glacier drop so wide that the vast majority didn't even bother claiming. When it comes to Charles, you can't really take him at his word because there is most often a catch. He likes to try to take credit whenever possible. I mean, it doesn't even say how they measure this, it just says "when you look at how many people actually vote" but that likely is just wallet tracking(terribly inaccurate) and also is likely just a lot of people not actually voting, but delegating. We all know how little usage Cardano sees, and you're going to try and tell me more people vote on Cardano compared to any other DAO in crypto? lol, lmao even. This post also goes into more detail about governance and does not really paint the same picture as Charles is telling: https://x.com/JaromirTesar/status/2028450825987653872

ktaktb

DAO isnt decentralized Wealthy whales have always written the rules of finance and banking. What the fuck is different from the status quo about a DAO.  Your coins vote? Okay, so it is a fancy name for oligarchy...

Concept211

Biggest DAO by voter count is a weird flex when other protocols have way more capital actually moving through governance. Cardano's been promising stuff for years and it always takes longer than expected - that's just how it is with them. The treasury funding model is solid though. Sustainable in theory. Real question is whether that 1.65 billion ADA actually gets deployed on useful stuff or if it sits there while governance moves at a snail's pace. I've been in this space long enough to know governance at scale is hard.

_DrVanNostrand__

Still have no idea what a DAO is or why it’s useful

coinfeeds-bot

tldr; Charles Hoskinson claims that Cardano now operates the largest Decentralized Autonomous Organization (DAO) in the crypto industry. ADA holders participate in governance by voting on network decisions and treasury fund allocations. The treasury, funded by transaction fees and block rewards, holds approximately 1.65 billion ADA ($429 million). This governance model is part of Cardano's Voltaire phase, enabling community-driven upgrades and projects. Critics, however, question its real-world impact and on-chain activity compared to competitors like Ethereum and Solana. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

mattyhtown

I don’t disagree. But a credit union is essentially a DAO

gorewndis

The security improvement isn't random. It's compounding engineering maturity. A few things driving it: 1. Auditing culture is now standard. In 2016-2017, people deployed contracts with zero review. Now even mid-tier projects get multiple audits before mainnet. 2. Battle-tested patterns exist. OpenZeppelin and other libraries codified the patterns that early developers had to figure out from scratch. The mistakes of The DAO, Parity multisig, and other early exploits became engineering standards. 3. Time-tested contracts build confidence. When a contract has been running for 8-10 years without an exploit, it becomes reference architecture. The earliest Ethereum contracts are essentially stress-tested infrastructure at this point. 4. Better tooling catches bugs before deployment. Slither, Mythril, formal verification - none of this existed in the early days. The 98% drop is the crypto equivalent of early aviation going from "crashes expected" to "crashes are newsworthy." It's an industry growing up.

gorewndis

This is a genuinely underappreciated signal. The security improvement isn't random - it's the compounding effect of 10 years of battle-tested patterns. Early Ethereum contracts from 2015-2016 had no auditing culture, no formal verification, no established patterns. The DAO hack was a wake-up call. Every major exploit since then has produced better tooling, better standards, and better developer education. The security track record now is the result of an entire ecosystem learning from its own mistakes over a decade. That institutional knowledge is a moat that newer chains haven't had time to build.

gorewndis

The security maturity curve is real and underappreciated. Early Ethereum contracts (2015-2016) were written with zero tooling, zero audit culture, no formal verification. The DAO hack happened because the ecosystem was learning in production. Fast forward to now: formal verification is standard for major protocols, audit firms have years of battle-tested heuristics, and the EVM itself is better understood than almost any other runtime environment. The 98% drop isn't just "fewer targets" or "less money in DeFi." It's cumulative learning. Every hack taught the ecosystem something specific, and those lessons got encoded into tooling, standards, and compiler improvements. The irony is that the contracts with the longest track record of no exploits are some of the simplest ones from the earliest days. No proxy patterns, no upgradeability, no complexity. Just pure Solidity doing one thing correctly for a decade.

gorewndis

Interesting framing. The security maturation angle is real but I'd add some nuance. The drop in hack volume correlates with two things beyond just "fewer targets": auditing culture becoming standard (almost no serious project launches without at least one audit now), and the accumulated knowledge base from a decade of exploits. Every major hack since 2016 has produced public post-mortems that become reference material. The DAO hack taught reentrancy. Parity multisig taught proxy patterns. Each one raised the floor for every project that came after. The 98% drop isn't just a signal that there's less money to steal. It's evidence that the ecosystem actually learns from its mistakes and builds the lessons into tooling. Slither, Foundry fuzz testing, formal verification tools - none of this existed in 2017. Whether that's a bottom signal specifically, I'm less sure. But it's definitely a maturity signal.

coinfeeds-bot

tldr; OpenChat, built on the Internet Computer (ICP), offers a decentralized alternative to traditional social media platforms. Unlike Web2 platforms, OpenChat stores user data entirely on-chain in individual canisters, ensuring scalability, zero data loss, and advanced privacy. Governed by a DAO, its roadmap is community-driven, and its open-source code ensures transparency. OpenChat demonstrates the potential of ICP to host scalable, serverless applications, providing a frictionless user experience without corporate interference. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

State_ment

🗳 How to Vote in LXVII Governance LXVII Governance is now live on-chain. 👉 DAO Link: https://app.realms.today/dao/LXVII%20Governance 1️⃣ Connect your wallet Use any supported Solana wallet that holds your LXVII. 2️⃣ Click “Deposit” You must deposit LXVII to activate voting power. Important: Deposit ≠ selling. You still own your tokens and can withdraw them (unless a vote is active). 3️⃣ Vote Open the proposal → choose Yes or No → confirm the transaction. ⸻ • 1 LXVII = 1 vote • Voting period: 72 hours • 2% quorum required Real on-chain governance. Every holder matters. 🔥

State_ment

🗳 How to Vote in LXVII Governance LXVII Governance is now live on-chain. 👉 DAO Link: https://app.realms.today/dao/LXVII%20Governance 1️⃣ Connect your wallet Use any supported Solana wallet that holds your LXVII. 2️⃣ Click “Deposit” You must deposit LXVII to activate voting power. Important: Deposit ≠ selling. You still own your tokens and can withdraw them (unless a vote is active). 3️⃣ Vote Open the proposal → choose Yes or No → confirm the transaction. ⸻ • 1 LXVII = 1 vote • Voting period: 72 hours • 2% quorum required Real on-chain governance. Every holder matters. 🔥

AutoModerator

Post is by: State_ment and the url/text [ ](https://goo.gl/GP6ppk)is: /r/LXVII/comments/1rhz1k1/lxvii_governance_is_now_live_onchain/ LXVII just made the transition from a simple token to a structured ecosystem. Our Governance is officially deployed on Solana. That means: • Community voting is live • Treasury decisions are proposal-based • Future milestone burns require approval • NFT & ecosystem expansions go through governance • No APY. No financial promises. Pure structure. Transparent development. Community-driven direction. ⸻ 🔐 DAO Treasury Official DAO Treasury Address: 2pQFwvH3apeFm3am9cWAsTiZVWZvMtgtr1RNiQDHnL79 Funds inside this wallet are controlled by governance proposals — not by one individual. ⸻ Current Status • Mint disabled • Freeze disabled • No influencers • No paid pumps • No VC backing Just community power and steady building. This is where projects either mature… or disappear. We’re choosing to build. $LXVII 🔥 *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

disruptioncoin

Bisq is super cool! And it might have the only DAO out there that isn't a scam (it's not for raising funds and is not an investment, it's for managing distributed governance and handling of funds bisq generates through fees that are used for it's maintenance and development), and it's run on the bitcoin blockchain! If you run a bitcoin node, consider spinning up a Bisq node as well!

GeneralZex

Here’s an idea, don’t fuck around with DAO’s and their shitcoins and the problem is solved.

No_Knee3385

Rejecting worldcoin is about rejecting centralization IMO. What use case are you concerned about? EVen if you spin up 1 million accounts and buy enough tokens to overtake a DAO, you're still at a gigantic financial risk

CountyBrilliant

I’m not saying fraud is new, I’m saying the "detectability" is dying. A script obfuscating a transaction is one thing; an agent passing a Turing test to manipulate a DAO vote is a completely different beast. If the bots are becoming indistinguishable from us, the old defensive playbooks are basically useless.

3nino

registered IP • games published as day 1 releases on the Play Solana console PSG-1 • partnership with art platform DripHaus and hundreds of original custom made pieces of art • merch shop • DAO • charity donations to Little Sunshine Pledge and SchoolOfNFT • NFT collection with built-in rewards mechanism • IRL events (maps handouts, booths, sticker contests, ads in Times Square, plane with $HEGE banner) • more community-made games • more contests, raffles, competitions, giveaways • weekly TA sessions and blog updates • collab with Capitoday for X Spaces + working on our own Spaces format • a shitload of stuff I'm forgetting welcome to the Hege fund.

3nino

• registered IP & company • games published as day 1 releases on the Play Solana console PSG-1 • partnership with art platform DripHaus and hundreds of original custom made pieces of art • merch shop • DAO • charity donations to Little Sunshine Pledge and SchoolOfNFT • NFT collection with built-in rewards mechanism • IRL events (maps handouts, booths, sticker contests, ads in Times Square, plane with $HEGE banner) • more community-made games • more contests, raffles, competitions, giveaways • weekly TA sessions and blog updates • collab with Capitoday for X Spaces + working on our own Spaces format • a shitload of stuff I'm forgetting welcome to the Hege fund. 

coinfeeds-bot

tldr; The Stellar-based Blend Protocol suffered a $10.8M exploit targeting its YieldBlox DAO Pool through oracle manipulation. The attacker inflated the price of USTRY, a low-liquidity asset, by 100x, allowing them to borrow over $10M using falsely valued collateral. Stellar validators froze $7.2M-$7.5M of stolen funds, and the YieldBlox Security Council offered a 10% bounty for the return of 90% of the funds. The incident highlights the need for robust oracle protections in DeFi systems. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

gorewndis

The 3-5 year accumulation thesis is basically following the same logic ETH early holders used in 2016 — they watched ETH drop 90%+ after The DAO hack and the crowd that didn't panic sell captured enormous returns. Different era, different scale, but the pattern of accumulating through despair is very consistent in ETH history. Whether this is the bottom or not, the companies buying here aren't making short-term price predictions — they're making a bet on the network still mattering in 2028+.

gorewndis

This exact argument gets recycled every bear market. In 2016, The DAO hack nearly killed Ethereum — actual chain split, hard fork, existential debate about immutability. In 2018 it was ICO fraud. 2022 was Terra/Luna + FTX. Each cycle the casino layer died, the infrastructure layer survived and grew. Meme coin gambling is annoying noise, but it's sitting on top of an L2 ecosystem substantially more mature than anything that existed two years ago. Hard to call that dying. The stuff that actually matters keeps getting built regardless of what price does.

gorewndis

People said the exact same thing in 2015-2016 when "smart contracts" were just toy demos and the biggest use case was The DAO (which got hacked). Then DeFi happened. The casino layer is the most visible because it's the loudest. But underneath it, there's actual infrastructure being built that doesn't need to market itself — stablecoins processing more volume than PayPal, onchain identity systems, supply chain verification, etc. The technology isn't dead, it's just boring now (in the good way). The speculative layer is what gets the headlines because "protocol processes transactions reliably" doesn't generate clicks. Same thing happened with the internet — the dot-com bust convinced everyone the web was a fad, meanwhile Amazon and Google were quietly building empires.

AutoModerator

Post is by: gorewndis and the url/text [ ](https://goo.gl/GP6ppk)is: /r/ethereum/comments/1ra98op/we_built_a_fully_onchain_orderbook_for_two_of/ ## Some backstory In February 2016 — less than a year after Ethereum launched — Alex Van de Sande (avsa) from the Ethereum Foundation deployed an experimental contract called **Unicorns** ([0x89205A3A](https://etherscan.io/address/0x89205A3A3b2A69De6Dbf7f01ED13B2108B2c43e7)). It was one of the very first token contracts on Ethereum, predating the ERC-20 standard. A month later, he created **Unicorn Meat** ([0xED6aC8de](https://etherscan.io/address/0xED6aC8de7c7CA7e3A22952e09C2a2A1232DDef9A)) — another experimental token — along with the **Grinder Association DAO**, one of the earliest DAOs on Ethereum. The Grinder let you exchange Unicorns for Unicorn Meat, effectively the first onchain token swap. These were demo contracts for the Mist browser. They were never meant to become "real" tokens, but they've survived for 10 years now — still on mainnet, still functional, still held in wallets. ## The problem Because these tokens predate ERC-20 (they have 0 decimal places, non-standard transfer functions), they don't work well with modern DEXes. Uniswap V3's fee math rounds to 0 for 0-decimal tokens. AMM pooling is essentially broken for them. Wrapped versions exist (w🦄 and w🍖 are standard ERC-20s), but the 0-decimal problem persists. ## What we built **Unicorn Market** — a fully onchain orderbook contract, purpose-built for these tokens: * **No backend, no matching engine, no admin keys** — pure smart contract * **Escrowed limit orders** — maker's tokens held in contract until filled or cancelled * **Partial fills** — take any portion of an order * **Deterministic rounding** — uses OpenZeppelin's Math.mulDiv with ceiling rounding so makers never get shorted * All state onchain, all settlement via events Verified contract: [0xA352B50A91C648c97F7aC0a80D686D297b62693E](https://etherscan.io/address/0xA352B50A91C648c97F7aC0a80D686D297b62693E) Trade interface: [unicornmeateth.com/market](https://unicornmeateth.com/market) Source: [github.com/cartoonitunes/unicorn-market](https://github.com/cartoonitunes/unicorn-market) ## Why this matters (beyond the meme) There are hundreds of pre-ERC-20 and non-standard tokens stuck on Ethereum mainnet with no good trading infrastructure. AMMs assume standard decimals and transfer behavior. A simple, auditable orderbook contract is arguably the right primitive for these edge cases. If you hold any legacy Ethereum tokens from 2015-2017, you probably know the pain of trying to trade them on modern infra. ## Technical details * Reentrancy-guarded, CEI pattern throughout Happy to answer questions about the contract design or the history of these tokens. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Current_Attention_92

1. Order Size & Repetition Patterns Bots are programmed with mathematical logic rather than human intuition, leading to identifiable "fingerprints" in order quantity. YouTube YouTube +3 Uniform Sizing: Look for repeated, identical order quantities (e.g., your observation of "17" on the XRP ladder). Split Orders (Parent/Child): Large players use "Iceberg" or "Slicing" algorithms to break one massive order into hundreds of small, uniform "child" orders to hide their total position size. Grid Layouts: Bots like Pionex or MEXC grid bots place dozens of buy and sell orders at exact price intervals (e.g., every $0.50). CoW DAO CoW DAO +3 2. Execution Speed & Frequency Human traders cannot react at the millisecond scale required for high-frequency trading (HFT). Feedzai Feedzai +1 Sub-Second Reaction: If an order is instantly replaced the millisecond it is filled or the price moves, it is almost certainly a bot. Rapid Cancellation (Flickering): Bots often place "bait" orders and cancel them within milliseconds to test market liquidity or create artificial depth without ever intending to fill. Fixed Intervals: TWAP (Time-Weighted Average Price) bots execute trades at precise clock-work intervals, such as exactly every 60 seconds. CoW DAO CoW DAO +3 3. Price Reaction Signals Bots often follow specific technical indicators available in tools like Robinhood Legend. YouTube YouTube VWAP & SMA Tracking: Notice if large buy or sell walls suddenly appear the moment the price touches the VWAP (Volume-Weighted Average Price) or a major moving average. Front-Running: If you place a limit order and a slightly better price (by 0.00001) immediately appears in front of yours, an HFT bot is likely "penny-jumping" your order. Spoofing is an illegal form of market manipulation that involves placing large buy or sell orders with no intention of executing them. The goal is to deceive other traders and automated bots by creating a false impression of supply or demand. Investopedia Investopedia +3 How Spoofing Works Deceptive Placement: A trader places massive "fake" orders at key price levels to suggest strong market pressure. Market Reaction: Other traders or HFT bots see this "wall" and adjust their positions (e.g., selling early to avoid a perceived price drop). Real Execution: While the market is reacting to the fake signals, the spoofer executes a genuine trade on the opposite side at an advantageous price. Rapid Cancellation: Once the real trade is filled, the spoofer cancels the fake orders to avoid having them accidentally executed. Bookmap Bookmap +4 Legal & Regulatory Risks (2026) As of February 2026, regulators like the SEC and CFTC have made spoofing a top enforcement priority, especially in crypto markets which are increasingly monitored. K&L Gates K&L Gates +1 Criminal Penalties: Under the Dodd-Frank Act, spoofing is a felony. In the U.S., it can result in up to 10 years in prison and fines of up to $1 million per count. Recent Enforcement: In January 2026, the CFTC settled multiple cases involving spoofing with civil penalties ranging from $150,000 to $200,000. Exchange Bans: Major exchanges use real-time surveillance tools to detect these patterns. If caught, your account can be frozen and reported to law enforcement. Execution Risk: If a larger trader "calls your bluff" and executes against your fake order before you can cancel it, you may be forced into an unwanted, massive position at a loss.

DBRiMatt

Didn't 3 of the DAO officers dump their moons?

BacchusAndHamsa

Most never heard of it. Other organizations have made thousands of wells for millions of people, a DAO is great but that's small potatoes to the big boys

IndividualRevenue995

Hive is not a mining company. Get your facts checked. Hive.io is a decentralized community. You r mixing a centralized company with a decentralized community. Did u read what I wrote above in depth about DAO? or only rushed to comment?

tkuid

He is as scummy as the rest. Insane that he is still allowed to hold that title lmao. The whole DAO voting is designed to keep these scum in position of power compared to the community.

Kepler2056

DAO officers need to hold more than 50,000 Moons Either buy 50,000 Moons or resign. Or else you’re just as scummy as the rest of them.

MaeronTargaryen

The DAO still exists and I’m still secretary

coinfeeds-bot

tldr; Tally, a DAO governance infrastructure provider, has announced plans for an Initial Coin Offering (ICO) using its auction-based smart contract platform. The ICO will be documented over 60 days to showcase transparency and the platform's capabilities, including compliance verification, liquidity provisioning, and automated token distribution. Tally's infrastructure supports governance, treasury management, and token distribution for blockchain organizations, with over $1 billion in asset movement and $81 billion in total value managed. The ICO marks Tally's first use of its own fundraising system. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

AutoModerator

Post is by: Mindless-Excuse3494 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qvnovc/how_are_digital_asset_funds_so_profitable/ i was just thinking about a post I saw, and it reminded me, So many funds are literally printing 2-4x per year on their AUM. How are they constantly able to be profitable? Does anyone have any experience with any of these? I looked for some I want to invest in that dont have 100k minimum investment like Pantera Capital. 1kx, Chapter One, Defiance Capital, Castle Island Ventures, Arrington XRP Capital, gumi Cryptos Capital, Nasu Capital, Framework Ventures, Orange DAO, Boost VC, Future Perfect Ventures, LTNG Ventures, Tess Ventures, SNZ Holding, Founderheads, Audacity Fund *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Montana-Safari7

Moons, via the DAO, will survive. However, I still think there is a miscommunication and misunderstanding between the admins and our mods on what happens with advertisement money. It gets burned. Nobody is compensated.

pet2pet1993

Ethereum has become absolutely over-complicated trash with hardest ever centralisation caused by migration to PoS and terrifying gas fees. Crypto game is exhausted. Vitalik has recognised so. There are only two coins : Bitcoin for institutions speculation and Monero for real life usage. Why Bitcoin is only for institutions today? Because of total KYC censorship and rapidly changed KYC legislation varying significantly from state to state, no one physical person can be guaranteed to always have access to their own clean Bitcoins. They can be declared DIRTY by an arbitrary AML politics by arbitrary country driven mostly by AI without any appeal possible. Monero is as fungible as real Gold metal so can’t be declared DIRTY on per-coin basis: only the whole blockchain can be. And we see, many centralised exchanges have delisted Monero years ago. Despite that fact, Monero remains unaffected reaching a brand new ATH few weeks ago. Oh, yes, also there are lesser Monero coins ever mined than Bitcoin coins till year 2040. So, back to Ethereum: it was a dead born from the very beginning. Why? Because DAO precedent and followed hardfork that must not happen. There was no error in Ethereum code, only a bug in DAO, but they all had reviewed the open source code of DAO and thus accepted the conducted experiment and its design, as it is applicable in science methodology: once design reviewed and accepted, you must recognise ANY result of corresponding experiment. In other words, they MUST recognise their fiasco, and let their money go to the person who found and exploited the bug in DAO. Cryptocurrency is all about your own accountability on your finances. If you can’t carry all that, rollback to traditional finances: they are specially designed for the people who can’t carry the entire accountability on their finances, who always call support stuff in any situation where their own ass defecated.

fan_of_hakiksexydays

With the new DAO, Moon can work outside of Reddit now, and don't need Reddit to work. But it's gonna limit the sponsor part on here if Reddit can't distinguish a burn and a compensation.

sQtWLgK

enough craptocurrency spam please there is nothing special about "blockchain", it is not magically iMmUtAblE just because you say so; in particular, if it's not decentralized as in Bitcoin then you're doing a *cargo cult* at best and an *affinity scam* at worst this hasn't been not only obvious but also empirically evident ever since the DAO fork at least

002_timmy

*PF is working with the CCMOON DAO to promote this hackathon. See CCMOON DAO transparency report for more details* *-*

002_timmy

*Message from* *Pump.fun. PF is working with the CCMOON DAO to promote this hackathon. See CCMOON DAO transparency report for more details* *-* [Pump.fun](http://pump.fun/) has just announced a $3,000,000 hackathon. [Pump.fun](http://pump.fun/) itself needs little introduction. It pioneered permissionless token creation, allowing anyone to launch a token instantly without any development knowledge, and has grown into one of the fastest-growing companies of all time. In under two years, the platform has facilitated the launch of over 14 million tokens and generated more than $1B in revenue, making it arguably the most impactful crypto product ever shipped. Pump.fun has now officially launched Pump Fund, its new investment arm, and its first initiative will fund 12 projects with $250k each at a $10M valuation, alongside direct mentorship from the Pump.fun founders. The idea is simple but different: instead of pitching VCs or judges, builders tokenize early and let the market decide. Users fund projects by backing them from day one, rewarding teams that ship fast, build openly, and generate real organic traction. Projects of any vertical, not just crypto, are eligible, as long as teams launch a token, build an actual product, retain at least 10% of the supply, and build in public. Applications are open until February 18, 2026, with the first winners announced within 30 days. Full details and applications are available at hackathon.pump.fun. And if you have any additional questions around this please contact one of the following outlets: X: [https://x.com/Va3Ko](https://x.com/Va3Ko) Telegram: @ VA3\_KO Email: [vaso@batoncorporation.com](mailto:vaso@batoncorporation.com)

AutoModerator

Post is by: Ultrayano and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/1qpdcmh/serious_ethereum_vs_solana_in_2026_technical_and/ Hello r/CryptoCurrency I would like to ask and start a discussion in terms of **Ethereum** and **Solana** and how they fare against each other. Growth is still a factor here, but exposure is much more important to me right now, which directly translates into growth long-term. # Context I feel like right now we are in a phase of a heavy transition into a future, like we only had it during the **".com Bubble"**. The transition includes major technologies like **AI** but also **Blockchains** and thus Cryptocurrencies as a whole. The reason that this feeling is stronger than before, is that banks and financial institutions started to see Cryptocurrencies as a liability to their business model, since **yields** are much higher, when invested into a **stablecoin**, compared to a **bank**. With the political and economical landscape right now being really rocky, we might experience one of the biggest wealth transfer in a long while in the coming 5 years. As a investor myself and also a technical guy, I want to have enough exposure into the right things, rather than gamble my life away. I don't believe to be one of the people that are the next "Warren Buffett", but my life-goal is to reach FIRE as young as possible, to life a self-fulfilling life. I don't really care about expensive materialistic stuff, but about the autonomy that wealth can buy, so supercars or even Yachts are entirely uninteresting for me. The goal is to reach FIRE with a yearly return enough to give a family of 4 a comfortable life. # Discussion points In the current landscape there are mainly three major players that are talked about a lot in this space. The first one being * Bitcoin - for obvious reasons and being the grandfather of cryptocurrencies * Ethereum - as a major player and currently the main candidate to be the future world computer * Solana - the younger competitor of Ethereum with a theoretical throughput of about 10x that of Ethereum Ethereum is often cited as the battle-tasted stable system in the space, while trying to fulfill a solution to the Blockchain trilemma, namely "**Decentralization**", "**Scalability**" and "**Security**". Vitalik Buterin very recently said, that they finally solved the trilemma and rolling out a solution mid-year in the "**Glamsterdam**" upgrade, which nudges Ethereum closer to the final solution. Ethereum heavily relies on L2 solutions compared to having everything on the main chain. The mainchain is said to reach 10k TPS after the upgrade with L2s reaching 100k+ TPS, which is already well above today's levels with for example Visa. Solana on the other hand is frequently cited as the high-throughput powerhouse of the ecosystem, engineered specifically as a "monolithic" architecture that prioritizes speed and low costs. It compromises on security and thus doesn't need many nodes to be down, for the Blockchain to be entirely down, but all of it is on the main chain. Solana wants to solve their reliability issues with the upgrade "**Firedancer**" which is also said to lift the throughput to a staggering 1M+ TPS in lab tests. From a security perspective, Ethereum is the clear winner for high value transactions since it's stability and security are second to none compared to Solana, while Solana is the clear winner for fast and low value retail transactions like monthly payments for example. From a technical and Blockchain purist view, Solana does seem like a "fancier server" with high risk of wealth being locked away forever. While Ethereum is not perfect in this regard, it adheres more to the purist philosophy of blockchain. Solana also does need insanely higher specs (\~6+ cores, 256GB+ RAM, 10Gbps symmetric internet) compared to Ethereum (technically runs on a Raspberry Pi) to have a node, while 32 Ethereum isn't that low anymore too. # Verdict From the perspective of maturity and stability Ethereum does clearly win the race of being the global backbone of the futures financial system, especially with Blackrocks BUIDL PoC among other projects. Investors start to treat it more like a "**blue chip investment**" nowadays tho, since while L2 solutions are one of the biggest strengths of Ethereum, it's also on of the biggest hampers to growth and is is seen as reliable and stable "slow investment". L2 solutions don't really need Ethereum as fuel, which is why a lot of things can be done extremely cheap or in a way that bypasses Ethereum as cryptocurrency entirely, while still relying on the backbone itself. Solana however, even with less stability is said to be poised for the mass. Since everything is running on the mainchain and uses Solana as the de-facto fuel, it is said to be a riskier bet, but with the potential of explosive growth. It's not made to be a stable asset (yet) tho. Ethereum is often compared to IBM (boring but stable) while Solana sits in-between being the next Sun Microsystems (huge for the time, but failed) or the next Google in the ecosystem. To reach FIRE fast, one could argue to put everything into Solana for growth in the next years. But the healthy path would make a 80/20 or 70/30 split the most efficient and safe for high growth. I've known Bitcoin since 2012, but was still a kid back then, while I also knew about Ethereum starting in 2017 and am well aware of the whole DAO debacle that happened. I've also known Solana since the early days when it had a valuation of around 20$ per SOL, but treated is a a gamble since the technicals (reliability) were historically seen as not good and it also got a lot of critique for the way it's architected. I know more about Ethereum, than I do about Solana, so I'm open to learn. I've seen many promising chains like NEO (formerly Antshares) rise and die, so I always treated Solana in a similar way. **I'd love to discuss the technicals, the exposure and risks, the growth possibilities and also learn more about those systems.** *I'm well aware, that there are competitors like Cardano, Polkadot and Avalanche, but Cardano is the closest to the two others while Avalanche is the furthest in terms of adoption, so please refrain to shill those unless explicitly necessary for the discussion.* *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

reddit4485

I'm trying to understand if you are just making stuff up or you just don't understand crypto? The rules for bitcoin are mathematically defined as they have been since the beginning. 50 bitcoin every 10 minutes originally with halfenings around every 4 years based on POW. Rather than being arbitrary, they are governed by complex rules (SHA256, difficulty levels, etc) outlined in the original bitcoin white paper. Ethereum doesn't even know what it is (it's not a mature crypto). They issue a hard fork at least every year which modifies issuance rates based on the latest problem that arises from their last hard fork. Ethereum went from premine to POW. Then with the DAO disaster they had to abandon the original ether (now called ether classic) and create an entire new one. Then they went to POS but it's issuance rate was drastically changed by the Merge. It's a disaster with hardforks fixing the latest problem repeated over and over. Bitcoin hasn't been hardforked in over 10 years! It's mature with an issuance rate hasn't changed since 2009!

Objective_Digit

>The verifier must be neutral, unstoppable, and non-corruptible. It must be a smart contract. Ethereum is currently the only ecosystem with the maturity to run a verifier that: Enforces the law exactly as written Cannot be bribed Cannot be turned off by a new mayor Except that this was violated when in 2016 the DAO was "hacked" and the ETH "community", i.e. an elite number of users, rolled back the chain to bail out their pals.

jawni

>There's no underlying issue with Ethereum that means smart contracts aren't safe on Ethereum. It's not that black and white. There are certain things that EVM/Solidity do that are more easily exploitable and that is why Move became a popular new VM for chains to use. THe most popular is called reentrancy attacks and it's what caused The DAO hack way back and it's the cause of a lot of exploits. Move made changes to make it significantly harder to exploit, not sure if it's even been done a Move-based chain yet. https://x.com/movebrah/status/1743381295806173650 https://www.astrakode.tech/it/blockchain-it/reentrancy-attack-in-smart-contracts/ https://www.nethermind.io/blog/smart-contract-vulnerabilities-and-mitigation-strategies https://ieeexplore.ieee.org/document/11102145 edit: just fyi, i only hold SOL/ETH, nothing from any Move-based projects, I just heard about this a while ago.

MinimalGravitas

For ETH your best bet is a 'Safe' multisig. This is what basically every DAO, every dApp treasury, every OG, and even the Ethereum Foundation themselves uses (obviously don't trust me though, do some research to check yourself). A multisig means that you set up a wallet that has multiple other wallets as 'signers' (as many as you want), and transactions can only be sent if a number of the signers, sign the transaction (you set how many you want to require). So as an example, you could set up a '2 of 4' multisig, meaning that there are 4 wallets that can sign transactions for your safe, and you need 2 to confirm before a transaction will go through. The 4 could be: * A Railway wallet on your PC; * A Rabby wallet on your phone; * A Metamask wallet on your spouse's phone; * A key that only exists on paper at your parent's house. Normally at home you just use your PC and phone, if you are out you can use your phone and get your spouse to confirm on theirs, if your phone breaks you can use your PC and your spouse can confirm, if you and your spouse both lose your phones while kiteboarding the you can retrieve the spare key from your parents... And if someone hacks your PC they can't get your crypto, or if they steal your phone, or rob your parents etc... Obviously as you can have any number of devices as signers and any number of required signers to confirm then you can make the setup as complex and secure as you like. Anyway, here's the link: https://safe.global/

lexxwern

One question, does Ethereum have limited supply? Don't answer it. Research it for yourself. Also, find out why they forked from Ethereum Classic. The answer is the DAO hack.  Look into second order effects of what that means.

fan_of_hakiksexydays

People said the same thing about Kraken. Saying a big exchange like that doesn't care about some shitcoin on a sub with little volume. And at that time, there was way less volume than today, less usecase, and it was centralized with no DAO, and closer to a shitcoin than now.

noviwu97

Transparency is not the biggest of DAO's concern. Polkadot DAO is very transparent but they kept spending on dumb shit with 0 result.

LinusVPelt

Two years in this world is nothing btw. There have been users here since 2016. Users which have seen The DAO with their eyes and the BCH fork on their wallets, and the multiple crashes on Solana, that go back to 2020 and 2021, as well as when Solana built the Ethereum compatibility, which was the moment when it started to become relevant. Those happened all before you started to be around.

goldyluckinblokchain

Thanks for the update! Great to see there is still a lot of interest in Moons and the DAO

oak1337

You say I’m "redefining" things, but I’m just looking at the scoreboard. You’ve admitted Ethereum is failing its own "trustless" goals. Now you’re just arguing that intent matters more than results. You’re evaluating a centralized, leader based, and permissionless Ethereum, based on a dream from 10 years ago that has turned into a $100k entry fee nightmare, where users get robbed by MEV kings. **Again, it has a Nakamoto score of 2, which is literally 1 step away from being an SQL database with a million spectators.** Amazing to be that centralized with 1.1 million validators (13,000 nodes), right? Experiment over. Failed. Once you're that centralized, there's no un-fucking it. Not to mention it can't scale and isn't ABFT. I’m evaluating a decentralized, leaderless and permissioned Hedera based on Mainnet code that has delivered the most fair, most secure, high-speed performance in the history of computer science. Nakamoto score of 11, which only increases as any nodes are added (equal node consensus power). ABFT at unlimited scale is the end game of DLT. Rolling out permissionless in a methodical fashion, while guaranteeing decentralization along the way, is practical and necessary. Ironically Ethereum also started permissioned and moved to permissionless, but didn't have a strong foundation and didn't implement a good plan for obtaining true decentralization. It failed. 2015 Canary "Centralized" Contracts, 2016 DAO Hack & Centralized Fork, "Difficulty Bombs" for coerced centralized governance, 72 million centralized Genesis ETH Distribution. All factors in ETHs current Nakamoto score of 2. Leader based systems like ETH can add as many nodes as they want, whenever they want, because there's only 1 leader at a time, and the most important leaders already hold all the power. They don't care what you do, your node is literally a paperweight. You are really a spectator, not an actual contributer. Hedera is leaderless, so you don't just add nodes willy-nilly otherwise you unnecessarily increase Time To Finality for no reason. It's a Gossip protocol, where every node participates in every transaction. You add nodes when you need to scale. When you add enough nodes, you shard. You keep sharding as needed by TPS demands, or other demands, like the need for your nodes to be within your country bounds by law (banks, etc). Again this is already coming into action, the DAB is already live today. It officially removed the "manual gatekeeping" of node account IDs. Block Nodes tested this month. They are preparing for imminent scale, likely having to do with CLARITY Act regs on the horizon. While membership to the Council is gated, membership to community and permissionless nodes is now ready for implementation as required by TPS or other demands.

SevereArrivals13

>Is there a place where we can donate to the DAO? Love this idea and for sure many would support growing the DAO a bit faster and then the DAO could maybe even create yield with the funds we supply them

002_timmy

Canonically through Ethereum, which takes 7 days, or through celer, which doesn’t have much liquidity. This is why I proposed a DAO owned and funded bridge

002_timmy

You can donate to the treasury, which is donating to the DAO. Right now, nobody is taking compensation as everyone has said they are fine doing things the way they are. I think once the treasury gets over $10k in stablecoins, there’s definitely some room to explore compensation models for officers and people working on the project, or even do things like putting a portion of the stables in yield bearing assets

SevereArrivals13

Love these updates and love to see the treasury, DAO liquidity, and burns growing with every Moon Week. With the great tokenomics we have and strong work behind the scenes, the future is bright as ever. Can't wait for the bridge too!

fan_of_hakiksexydays

Is there a place where we can donate to the DAO? From what I hear the team is spending a lot of time working on this for no compensation. Is there some kind of "tip jar" for the team where we can just send you guys USDC so you can split it amongst yourselves? And can we also donate to the treasury? I've been buying some of the Mellon sell walls. I got quiet a few Moons to spare.

002_timmy

Just a reminder from the CCMOON DAO - We've partnered with Trezor to be a part of their affiliate program. All commissions go towards the DAO & for moon distributions [https://affil.trezor.io/aff\_c?offer\_id=133&aff\_id=36682](https://affil.trezor.io/aff_c?offer_id=133&aff_id=36682)

epic_trader

No it doesn't. Ethereum at the time was 1 year old, it was the first platform to have smart contracts which makes it infinitely more complex and presents a bunch of challenges that wasn't very well understood at the time. One of them was smart contract security and the importance and availability of proper 3rd party security auditing. Was it an ideal situation? No, it wasn't, but it was probably bound to happen sooner or later. The important thing is that it only happened once, and the community learned its lesson. Since then there have been several bail out hard forks proposed, cases that would have been straight forward and no disruptive in any way, like the Parity wallet library hack, but the community refused to hard fork and so the DAO hack didn't set precedent. Also technically it wasn't a roll back, it was an irregular state change, which is really quite different because the rest of Ethereum activity wasn't disrupted and transactions didn't get reverted.