ETHEREUM’S 2024 SECRET WEAPON: TOO LATE OR GAME CHANGER? FARCANA.

Ethereum has some tricks up its sleeves for 2024 and I would expect no less. Also, there’s a game coming out that you might want to look at – FARCANA

ETH TECH POST – https://blockworks.co/news/ethereum-improvement-proposals-2024

FARCANA SITE – https://www.farcana.com/the-game
FARCANA AMA (I’ll be there) – https://twitter.com/NewsAsset/status/1741869455892758680

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WHY & WHEN I’M SELLING 80% of my CRYPTO 2025 – youtube.com/watch?v=wHlE8lj_mKI

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⏰ June 12th, 2022 (11am). Take ALL crypto OFF of Celsius ASAP! – https://youtu.be/4QzIzg1HtDU
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⏰ July 1st, 2022 – Withdraws FROZEN

⏰ *”Not your keys, not your crypto” repeated AD NAUSEAUM over 2 years.

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Hello everybody Welcome to the New Year and uh one of the very few live streams that we do these days so today just like the title and thumbnail suggests we’re going to take a look at what’s going on with ethereum and maybe they can actually write the ship that’s gone

Wrong in 2024 also we’re going to take a look at uh a couple of airdrop type of things and then also a game that’s uh kind of caught my attention and I’ll let you decide what a good uh something for you to look at and do your own research

So first things first thanks everybody for showing up on New Year’s Day I guess uh everybody made it through last night depending on how much you actually did so congratulations you made it to the next year and I gotta tell you before we move on I think this year is going to be

Just fantastic and uh I don’t I mean we might see some some macro turmoil we might see small signs of of recessions we might see a Black Swan but in the end everything is inevitable especially with this crypto Andel asset space and I I think we’re at the right place at the

Right time time especially with what’s coming up and who knows if that ETF gets approved maybe next week anyhow so today let’s talk about ethereum before we do that I get so many uh responses from these stupid AI videos that come out and it’s either it’s either Brian Armstrong It’s either

Uh micro strategies Michael sailor it’s either Brad Garling house or a host of other different people that are in the know for these big products at ARC crypto and uh as a reminder I did a complete video on this just uh like last week and uh it’s already got like many

It’s got 78,000 views so I understand what what’s going on here but uh I’ve linked this video particularly in the comment section so you can watch this video it’s a whopping five minutes and 28 seconds and yes I know what uh YouTube is doing I can’t help it it’s

Just how it is so just make sure you don’t get screwed over by these stupid AI uh videos but yeah it’s annoying but what can you do now ethereum this I don’t I some days I I look at ethereum and this just happened to me I was swapping some things doing

Some very dgen plays as I do every so often and I came across this like the most ridiculous this is the gas fees and we pay for this it’s crazy right now I understand TR again yeah yeah yeah I understand that with ethereum we have an issue with L1 and

L2s people say well just just start with l2s we’ll to switch everything over you still got to go from layer one which would be ethereum to these l2s so right now it is a in my opinion not the greatest system of all time and if you’ve ever used a DEX with Solana

You’ll know exactly what I’m talking about it’s super fast it’s super easy some of you might say it’s centralized well doesn’t seem to make a big difference when everybody’s buying up salana like crazy I’m just saying that’s just the way the tide is going but is there some help on the r Horizon

Potentially and here’s what uh came out from block works now I’m going to read this I’m not a developer but I link this in the description I’m just going to hit the high points for what it is because uh I’m sure the the vastly superior technical individual that is yourself uh

Can can find fault in the different Snippets of information I’m going to present here so just to be time sake let’s just go over the highlights so the latest ethereum all core developers meeting finally put some tentative dates on the upgrade schedule for the next main net

Hard Fork so e is going to have a hard Fork don’t worry it’s not going to be a whole new chain or anything like that like when we had Bitcoin to bitcoin cash or Bitcoin SV which I don’t know some people seem to love that stuff but

Whatever and there’s gonna be a hard fork called denin I’m sure I said that right with the caveat that it’s only if no major issues arise and if you remember previously to go from proof of work to proof of stake it was the same thing if no major is issues arise and

That means that there’s probably going to be delays because that’s the problem when you have or when you built a specific technology and as time has gone on you need to upgrade it but everybody’s using it the the analogy is training the uh trans or changing the transmission down

The highway while you’re going 80 80 miles per hour it’s very tough ethereum devs are eyeing the following dates for forking ethereum’s public test Nets Gorly I said it nailed it January 17th sepolia January 30th and heski February 7th this will be the last time that go

Early is included in the testing regimen as the network is slated for deprecation essentially going away here are some of the improvements to watch in 2024 EIP 4844 Proto dank shorting dank dank sh that’s a good word the this is what’s important because let’s just be honest ethereum would be great it’s

Battle tests everybody uses everybody Builds on it but geez the fees are outrageous well here’s what they’re trying to do about it the upgrade will reduce the cost of data availability across all layer twos that’s fantastic a transformational enhancement that will slash roll up gas fees by up to 100x so

When we’re talking about these things just understand that it’s not going to go from 18 bucks to fractions of a penny but everything helps and we’ll see how much they can actually get it down to account abstraction comes into its own account abstraction is set to revolutionize revolutionize the way we perceive and

Interact with wallets making gasless transactions the standard I like that but again this doesn’t mean that everything will be gasless and we’ll go to like oh I don’t have to pay anything it’s just Within These wallets and you can secure social logins which will be the new Norm fundamentally reshaping the

Ethereum user experience it can enhance both user experience and security it allows more complex account logic such as multi Sig wallets or social recovery of loss Keys here’s how social recovery Works have you ever lost your pneumonic phrase I have it sucks I’m missing 20,000 Ada because I got in during the

Very very very early days and that would have been about $60,000 at the peak of cardano when it hit almost $3 that is all gone now if you have a social type of network or social recovery you can name these different people you can go through them and go hey there’s a piece

I need I need to recover this lost private key do all the work and it’s scattered about across your social networks so people can prove and say yes this yes yes yes instead of just going hey I lost a piece of paper because it got wet and uh I just lost my entire

Life savings it is crazy you know just saying that a lot it’s pretty crazy but that’s just how it is so that is the good part EIP 1153 is an OP code or operational code that allows smart contracts to use transient storage again cutting down costs storage that will be

Wiped clean at the end of transaction execution that’ll free up a lot of space hopefully reduce those costs that we’re talking about by enabling temporary storage IP 1153 can reduce the gas cost associated with storing data during contract execution and provide de developers more flexibility in designing

Smart contracts and 4788 proposes to put a beacon black root a summary of a hash of the parent block into each ethereum virtual machine blocker evm this eliminates the need for external oracles let me say that one more time because I saw that I was like this is something

People might need to be aware of all this happens in a trust minimized manner eliminating the need for external oracles what’s an oracle it takes all public data or or external data that’s because blockchain is very difficult and it can’t do that it takes real world

Data and puts it onto the blockchain you know what a really popular Oracle is chain link so again with my limited knowledge of what they’re talking about here if they’re talking about eliminating oracles altogether that’s not a good sign for chain link comments please comments in the uh in the comment

Section if I got that wrong that’s why I linked it but eliminate the need for external articles to provide this data and thereby reducing potential points of failure or manipulation and it goes into some other stuff and I honestly my eyes glazed over so that’s good ethereum

Looks like they’re doing the hard the hard work and I hope it works out I’ve got a big bag of ethereum so it’ be great if it actually goes up but if it doesn’t I’m not married altcoin that’s just really how it goes anyhow let me

Know what you think about that in the comments section then also if you’re looking for for some more uh alternative ways to get into the crypto Market I’ve been using this uh interact int R A ct. interact. and it’s uh all about for airdrops and you just do these little

Goofy little quests I do like one a day it takes me like five minutes like I’ll follow one of their accounts I’ll do a quick little Swap and and I’ll do that in my metamask wallet now uh I link this there’s a link in the description for

This in trct doio and uh you might want to give it a shot but before you do as a reminder we talked about this yesterday please make sure that the wallet that you’re using doesn’t contain your entire life savings and your kids fund to college and everything else because when

You do these you are opening yourself up at tremendous risk because it is a hot wallet and you should never do that you should actually be using a cold storage device like a tangum or a ledger or an ellipal or a traser or whatever it is

That you like to do so if you want to do that give it a shot take again I do one every five minutes it’s doing pretty good and also speaking of uh air drops this caught my attention farana and this is a game if if you

Follow me over at Dan djen which is more of a riskier play that’s where like you’re either going to make a lot of money or you’re going to lose everything one of those two things are guaranteed and uh one of these projects came to my attention

Um from a mutual friend and I gotta tell you it looks pretty it looks to me like like fortnite and what I found interesting when I went to it is that they’re also doing airdrops and I linked this in the description you can check this out and you just have to do these

Little goofy little things like sign up for an email list and uh have everything done with your um following them on Twitter or X as it’s called now but uh yeah and I took a look at I’m like this looks pretty good I’ll be covering this uh the

Friend the mutual friend is actually enset which is a Launchpad which I’ve worked uh previously before with uh projects like uh Fame and ever doome and stuff like that did pretty well 3,000% plus and such so on and so forth but uh when I was taking a I’ll do a a deep

Dive later but the game itself you already saw it what I want you to to pay attention to is these new Pro projects that come out is who invested and who’s behind it and what’s it doing games are going to come so so hot and heavy like

Axi Infinity I thought was a goofy game but see people seem to love it and I didn’t really think it was uh it had longevity but hey still still around on the Rona Network that in pixels I take a look at this the people that are investing into these projects because

You don’t because because the thing is when I look at this I’m like who’s pushing this project and how much how much hype is behind it because let’s be honest some of these things are just a lot of hype and not a lot of substance games I

Think are a little bit different because you actually play them and actually get the nfts and get the tokens to actually do the things that you want to do in the games and because Gamer’s game right and we talked this before but some of the big names are Anoka brands that is one

Of the biggest players in the space as far as web 3 polygon Ventures Fen bushy Capital which we’ve actually talked to as well Merit cervical rare stor capital M mm prot trust these are like bit Forex these these are Big names then you’re going to take a look at the angel

Investors yatsu is actually the founder of Anoka brand so not only did his company put money into it he himself put money into this so if you don’t think they’re gonna push the living hell out of this thing you’re crazy so then you got let’s see cppo which people I don’t

Know if that’s the same as uh the same cppo that’s made some ridiculous calls beforehand but maybe he has to help himself dig himself out crypto dog which I follow Keo pentoshi and what I want to show you is I link this tweet in the in the description I

Want you to go through all these people and you’ll see like some of these people like say for pentoshi he has 732 th000 followers if you don’t think that he put money in that to not talk about it I think it’s gonna be happening uh kello has 63,000 followers

The crypto dog has 755 so I’m going to have you do the research on this but when I’m looking at different projects the game looks cool I heard about it from a person I actually trust and you got a lot of people behind it and on top

Of that I also heard a rumor which is just a rumor that it’s going to be on a very big platform as far as a centralized exchange to be listed I can’t confirm or deny that I’m just saying these are things I look at and go

And think to myself man that could be a pretty big thing anyhow let me know what you think about that in the comments section I linked also there’s going to be an AMA which I’ll be at with tenset and fana that’ll be on Wednesday at 7 AM

My time which is like 6: am Eastern Standard Time for you guys and uh that will be it and then lastly before we get the Q&A uh this Thursday from 4 to 6 we’re going to do a Meetup over at the San Juan Smokehouse and I’ll talk to you

Guys usually what people ask me like what do you guys do there mostly we have beers and talk about what’s going on in the crypto Market I talk about some of the things that I’m doing that I usually don’t talk about in this Channel and uh people tell me some really good things

That they’re doing and there’s a lot of very smart people out there especially here in Puerto Rico and there’s a lot of crypto ogs who have been around since 2011 12 and 13 and they tell me things that to blow your mind but if you got

Time uh stop by and I’ll be posting about this later but that’s it for today so look you like today’s video give it a thumbs up consider subscribing everything we talk about is time sensitive now