$10,000 to the 1st, $5,000 to the 2nd, $2,500 to the to the 3rd person that guesses it in this thread.
The most powerful project is one that no one guessed. One that blindsides everyone and invents a new paradigm. Great news. I don't notice anyone even close.
Guessing reward expires in 24 hours at the max or earlier if this account tells you the URL or the details beforehand.
There's some edge case where I might have missed it in the thread already, so expanded the prize pool. Prize provided by, paid for, operated by and fulfilled by an anonymous donor.
@asmah2107 Oversimplified. Factors like overhead and business model are not being taken in count. Also, now it’s easier to run a proxy with rotating IPs.
And if users are providing value, the infrastructure should be scalable by design.
How would you protect a public API from being overwhelmed ?
"I'd count the number of requests from a user's IP address and block them if it goes over a limit."
Simple, right ?
No...This simplicity can ruin your user experience....🧵
@JustAskJesse - RH reputation and brand is damaged across crypto. That’s not a pro.
- Incentivize for builders doesn’t exist. Most solid products built have had a sacrifice. New projects can no longer raise this way.
Let's hear some narratives besides "RH built it, so it's going up."
We can say it's a decentralized chain. However, nearly every EVM chain is equally or more decentralized.
The bridge validators are all controlled by RH. The HEX tokens (95%) are all RH who in turn controls APRs, RH owns 95% of all liquidity in the LPs due to the fixer bot process where he used PLS to scoop up all the various tokens in all the DEXs., he also owns around 95% of the PLS, and he certainly controls PULSEX farms and voting was never established like it was in other chains.
Therefore, the "most decentralized" narrative is out. The "worlds biggest airdrop" also has worn itself out after all this time, and in some cases turned out badly.
So let's come up with some real narratives that aren't just parroting the same thing over and over.
I'm convinced that users from other chains already know the above, and aren't buying the balogna, so let's stop pretending and move on with the real deal such as the various products and services offered on Pulsechain that are typically only available on Ethereum. There's lots of them by many good builders on Pulsechain.
@cz_binance The right security practice to move huge amount of funds is to use multiple transactions. Not one. With 10 separateTXs, the lost would have been 140m not 1.4B. Maybe a small test transfer could have helpful…
I usually try not to criticize other industry players, but I still do it once in a while. 😂
This update from Safe is not that great. It uses vague language to brush over the issues. I have more questions than answers after reading it.
1. What does "compromising a Safe {Wallet} developer machine" mean? How did they hack this particular machine? Was it social engineering, a virus, etc?
2. how did a developer machine have access to "an account operated by Bybit"? Some code got deployed from this developer machine straight to prod?
3. How did they fool the Ledger verification step at multiple signers? Was it blind signing? or did the signers not verify properly?
4. So, was $1.4 billion the largest address managed using Safe? How come they didn't target others?
5. What lessons can other "self-custody, multi-sig" wallet providers and users learn from this?
🤷♂️
@barkmeta@cz_binance They don’t even have to build one. The current safe infrastructure can be forked, re-deployed and managed separately on the same/different chain.
@benbybit@sygnia_labs@Verichains The solution is not even IPFS since gateways can get hacked. Download.exe files ? Maybe… Then what about maintainability, upgrades and updates ?
This proves Web3 Defi is not as mature as the traditional financial system.
Bybit Hack Forensics Report
As promised, here are the preliminary reports of the hack conducted by @sygnia_labs and @Verichains
Screenshotted the conclusion and here is the link to the full report: docsend.com/view/s/rmdi832…
@LuckyLuke369 Using Pulsechain without VPN is impossible in some countries for some reasons.
Ex.
No issue in Thailand
Cannot connect in the UAE
Works fine with a US IP. Can be experienced with the main rpc and the one provided by gamma
@bretep what might be the cause ?
@yourfriendSOMMI ?
the fastest way to clone an app
1. screenshot all the pages of an app
2. paste them into copycoder
3. get the prompts to build your app in cursor
copycoder v2 with multi image support is coming together nicely
I’m not sure if you wanted to hear my insights on something specific or just in general but my take is this - this process was never going to be painless— because it never is. And it shouldn’t be.
Market shakeouts aren’t a bug; they’re a feature. They serve a critical function: testing conviction, redistributing assets, and removing weak hands. Historically, the biggest opportunities have always emerged after the most resistance.
Strong leadership means making tough decisions, and from the outside, that can look chaotic. But what some see as destruction is often strategic restructuring—a necessary evolution.
Markets move in cycles: euphoria, fear, capitulation, and recovery. Understanding when the tide turns is key, and that requires pattern recognition, patience, and discipline.
Most traders react emotionally, but those who control their emotions control the market. The ability to zoom out and see the bigger picture separates those who endure from those who fade.
At the end of the day, any system that grows must shed inefficiencies and those who lack conviction. This isn’t just PulseChain—it’s how every major shift in history has played out.
I do see @RichardHeartWin streaming again as being a massive upside for the community sentiment. I don’t know what he is looking at in terms of his agreements with his legal teams or the market timing so the factors that are stopping him are unknown at this point. I’m sure he sees the sentiment of the community.
He a man who desires to be loved, this has to be killing him as much as it is us.
Let’s hope whatever factors are holding him back from getting on stream are removed soon.
In the mean time we have to do whatever it is we can do to keep pushing forward and contributing in whatever constructive ways we can. That is this community’s biggest opportunity - if we did a SWOT analysis that would be the biggest weakness and opportunity needing to be addressed.
$PLS meme from pump.tires
What if RH launched this to market PulseChain as it is easier to pump ? Why a duplicate ticker ?
A 10,000x from Dexscreener will look so good…
CA: 0x260e5dA7eF6E30e0A647d1aDF47628198DCb0709
@piteasio@RichardHeartWin Why complaining about it. It s a free market after all right ? What if it costs a lot to host their site which is one of the most used in the ecosystem ? I don’t think they have raised money publicly.
It’s a business decision. Providing value at a cost. Fair game.
Taking advantage of @RichardHeartWin mentioning you to charge your users an outrageous 3% fee on swaps is just brilliant(!) No matter how you look at it, abusing the trust the community has in Richard’s guidance is disgraceful!
We’ve warned you before, but nothing has changed, and now you're proudly showing the joy you get from squeezing users thanks to RH's posts, with even more arrogance.
Far from giving better offers than Piteas, you're offering worse rates than PulseX and on top of that, taking a 3% cut on every swap is unbelievable. You have a great portfolio app, but the exact opposite for swaps.
This is exactly what we're protesting! The community should know what's really going on.
🧵Thread
TLDR:
STOP using buypls.online
It seems a large order of 5.4 ETH crashed the system on Mar-13-2024 02:08:11 AM +UTC (14 days ago). @buyplsonline couldn’t process the 5.4 eth, but kept processing smaller orders afterwards and stopped processing orders after it ran out of liquidity on Mar-18-2024 09:16:15 AM +UTC (9 days). Dev Zeegfa's last activity was on 11./12. March 2024. Attempts to contact the dev for the last 2 weeks have been unsuccessful. At the time of this post 17.9 are stuck in the buypls.online ETH address. Current status: Unknown if rug, left for vacation or fell ill/dead as there is no contact and funds didn’t move.
If someone knows the dev personally or has direct contact with him, please get in touch with me, so we can resolve this.
Telegram
@buyplsonline (last seen online 11.03.2024 03:41:24 t.me/buyplsonline/5…)
t.me/buyplsonline
Twitter
x.com/buyplsonline
Last activity 12.03.2024 02:31:00 x.com/buyplsonline/l…
Website: Buypls.online
What was buypls.online doing?
Buypls.online is a semi automated script/website using 2 addresses on Ethereum and Pulsechain. It was a fast way to get a few dollars worth of gas in the form of PLS on Pulsechain. It was possible to send a small amount of ETH on Ethereum to the buypls.online, it would then buy PLS from its stored liquidity in the form of bridged WETH on Pulsechain via PulseX DEX and send it to the original user within a minute. This gas station was developed in June 2023 and helped with initial onboarding. It worked for 9 months with minor hiccups that were fixed rather swiftly.
Timeline:
03.06.2023 buypls.online starts service
11.03.2024 03:41:24 last telegram post from buypls.online
12.03.2024 02:31:00 last twitter like from buypls.online
13.03.2024 5.4 ETH order that likely crashed the system is sent to buypls.online
13.03.2024 12:02:57 first attempt to contact dev (still unread as of 27.03.2024)
13.03.2024 14:24:15 2nd last activity on address that funded buypls.online
17.03.2024 05:59:55 last activity on address that funded buypls.online
18.03.2024 09:16:15 last buypls.online processed order