🚀 Gate Square “Gate Fun Token Challenge” is Live!
Create tokens, engage, and earn — including trading fee rebates, graduation bonuses, and a $1,000 prize pool!
Join Now 👉 https://www.gate.com/campaigns/3145
💡 How to Participate:
1️⃣ Create Tokens: One-click token launch in [Square - Post]. Promote, grow your community, and earn rewards.
2️⃣ Engage: Post, like, comment, and share in token community to earn!
📦 Rewards Overview:
Creator Graduation Bonus: 50 GT
Trading Fee Rebate: The more trades, the more you earn
Token Creator Pool: Up to $50 USDT per user + $5 USDT for the first 50 launche
Vitalik: If BlackRock continues to scale, Ethereum will face a threat.
According to ChainCatcher news and DL News reports, Ethereum founder Vitalik Buterin warned at the Devconnect conference in Buenos Aires that if institutions like BlackRock continue to accumulate ETH, Ethereum will face two major existential threats. Currently, nine companies on Wall Street hold over 18 billion USD in ETH, and analysts predict that institutional holdings may exceed 10% of the total supply of Ethereum. Vitalik pointed out two major risks:
Threat 1: Driving away core developers and having institutions take control will alienate the true builders who care about decentralization, and the core community may be lost. Threat 2: Incorrect technology choices, institutional pressure may drive inappropriate technical decisions, such as a 150-millisecond block time which benefits high-frequency trading but prevents ordinary users from running nodes, leading to geographical centralization.
Vitalik emphasizes the solution: focusing on the characteristics of globalization, permissionless, and censorship-resistant protocols, maintaining a strong core community, and upholding the values that differentiate Ethereum from traditional finance.