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Vitalik: L2 Cross-chain Solutions Should Achieve L1-like Censorship Resistance, Trustlessness, and Non-custodial Properties

2 days ago

On June 4th, Ethereum founder Vitalik responded to the viewpoint that "cross-chain interoperability has been resolved at the infrastructure level" by saying, "In my opinion, unless cross-L2 operations can achieve censorship resistance, trustlessness, and non-intermediation similar to intra-L2 operations, the problem remains unsolved. I refer to it as the 'No-Regress Principle': Unless the new thing possesses the core properties that are identical to native ETH transfers on L1, we have not yet reached that stage."
Relevant content

Pump.fun Incites Musk to Launch Coin and Face off Against TRUMP Coin

On June 6th, Pump.fun made a post on the X platform and criticized Elon Musk, saying, "Musk, it's a pity to hear about your dispute with Trump. Although we can't provide advice, we can offer a solution: Trump has issued a token. This means you have the chance to do the most interesting thing in history. This is our only chance to support PVP. Now is the time."

3 minutes ago

Elon Musk Responds to Ackman's "Should Make Peace with Trump" Proposal: He's Right

On June 6th. In regard to Pershing Square CEO Bill Ackman's statement that "For the good of the country, Trump and Musk should make peace," Musk replied, "You are correct."

3 minutes ago

Two Whales Long Bitcoin with 40x Leverage During Market Dip

On June 6th, as monitored by Onchain Lens, two whales on Hyperliquid opened long positions in BTC with 40x leverage. The first whale deposited $2.65 million and initiated long positions in BTC (40x) and SUI (10x) four hours ago. The second whale deposited $2.35 million and opened a long position in BTC with 40x leverage ten minutes ago.

3 minutes ago

Wall Street Analyst: If the "Stablecoin Turf War" escalates further, the ultimate winner will be Trump

June 6th: Tesla witnessed a significant decline last night, which triggered criticisms from Wall Street analysts towards the stock and Musk. Among them, Adam Sarhan, the CEO of 50 Park Investments, holds the view that: "Evidently, Musk and Trump are no longer in alignment. We are unsure of what consequences this will bring about. This is the reason for the sell-off. There will be no definite solution to this situation. If matters escalate, ultimately Trump will gain the upper hand, and the impact on Tesla's stock price remains uncertain. I think it truly has the potential to harm Tesla's earnings. Investing in Tesla at present is purely speculative. Even with the stock price drop, Tesla's valuation is still at a high level." Wayne Kaufman, the Chief Market Analyst at Phoenix Financial Services, commented that: "For Tesla, what is particularly challenging is that one cannot separate the company's value from him (Musk). Tesla's value is closely tied to Musk. When he is regarded as a vi

3 minutes ago

WLFI Advisor 5 hours ago Shorted TRUMP with 10x Leverage

On June 6th, as per the monitoring of LookOnChain, WLFI advisor @cryptogle added 1 million USDC to Hyperliquid 5 hours ago and took a short position with a 10x leverage on TRUMP. The liquidation price was $12.49.

3 minutes ago

A Clever Money Triple Transaction ETH Contract Wins All, Profiting $5.17 Million

On June 6th, as reported by Ashes Monitor, a whale has seen its ETH triple in value over the past two weeks and achieved a 100% winning rate on Hyperliquid. It turned $3.2 million into $8.37 million, with a profit of $5.17 million (+161%). It opened a long position on ETH on May 22nd and closed it on May 23rd, making a profit of $1.11 million. It opened a long position on ETH on May 26th and closed it on June 5th, with a profit of $1.62 million. It opened a short position on ETH on June 5th and closed it at 4 am today, realizing a profit of $2.45 million. Currently, the whale has withdrawn a total of $8.37 million of principal + profit to an address.

3 minutes ago