5 must-read articles in the evening | Which countries will have the highest crypto revenue in 2023

1.a16z: Why led a $28 million investment in shared sequencer network Espresso

If an application on one rollup wants to interact with another Application interaction on a rollup must be achieved through the Ethereum main chain or bridge. Both methods are slow and make it difficult for developers to synchronize state across rollups (they are asynchronous solutions). In a more ideal world, sequencers from different rollups will have a mechanism to collaborate with each other, resulting in a smoother, faster, and cheaper interoperability experience for developers and end users. Click to read

2 .What would happen if the SEC classified ETH as a security?

Yesterday there was news that the U.S. Securities and Exchange Commission (SEC) may consider reclassifying Ethereum (ETH), Ethereum’s native token, as a security. Does this investigation involve Ethereum’s ICO and token distribution, or does it involve a shift in the staking security model? How come U.S. securities regulators have jurisdiction over an organization based in Zug, Switzerland? Will the Commodity Futures Trading Commission (CFTC), which oversees the booming ETH futures market, fight back? Click to read

3 .Bankless: The Fanatic Investor’s Guide to Memecoin

The jury is still out on whether meme coins are good or bad. But one thing is for sure: Meme coins have become the lifeblood of the bull market. They attract people on-chain, promote cross-chain activity, and offer a golden lottery ticket to invest in cryptocurrencies. Remember the golden rule: only bet what you can afford to lose. Click to read

4 .Chainalysis: Which countries top the list for crypto earnings in 2023

In 2023, the United States leads the way in crypto earnings, reaching an estimated $9.36 billion. The UK ranks second with an estimated $1.39 billion in cryptocurrency gains. We are also seeing what appear to be huge gains for residents of some upper-middle-income and lower-middle-income countries, particularly in Asia, such as Vietnam, China, Indonesia and India, where estimated gains exceed $1 billion each, among the highest in the world. Click to read

5 .Tracing the History of Cryptocurrencies (1): Satoshi Nakamoto’s Response to the Financial Crisis

Cryptocurrencies as they are known today first appeared on October 31, 2008, with the anonymous creation of Bitcoin Author Satoshi Nakamoto sent an email to the Cypherpunks mailing list containing a white paper titled "Bitcoin: A Peer-to-Peer Electronic Cash System," in which members discussed cryptography and privacy-enhancing technologies: A source of social and political change. tool. At the time, the world was at the height of the 2007-2008 global financial crisis, one of the worst global economic crises in recent decades. The incident was blamed on excessive risk-taking by international financial institutions, the accumulation of toxic assets within banks, and the bursting of the U.S. real estate bubble. Click to read