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foobar on Twitter: Explaining the zkEVM - what it is, how zk-rollups compare with other rollup types, the competitive landscape for zk-rollup creators

Source: https://twitter.com/0xfoobar/status/1549779031314284544 1/ Explaining the zkEVM - what it is - how zk-rollups compare with other rollup types - the competitive landscape for zk-rollup creators And who really was first 😉 2/ A Layer-2 rollup is a way to batch user transactions together for cheaper gas

Ruh Roh! Mortgage Applications Decrease in Latest MBA Weekly Survey: -4% week-to-week, -18% year-over-year ( below 2008 levels ), 4 week moving average down -17.25%.

Ruh Roh! Mortgage Applications Decrease in Latest MBA Weekly Survey: -4% week-to-week, -18% year-over-year ( below 2008 levels ), 4 week moving average down -17.25%. After reaching a record $460,000 in March 2022, the average purchase loan size was $415,000 last week. Source: https://www.mba.org/news-and-research/newsroom/

Inflation Alert! The purchasing power of the dollar goes WHOOSH!!! In June, the purchasing power of $100 in January 2000 dropped to $56.90.

Inflation Alert! The purchasing power of the dollar goes WHOOSH!!! In June, the purchasing power of $100 in January 2000 dropped to $56.90. Remember, CPI tracks the loss of the purchasing power of your dollars, and thereby the purchasing power of your labor. Reddit Post

Federal Reserve Alert! Minutes of the Federal Open Market Committee, June 14-15, 2022

Source: https://www.federalreserve.gov/monetarypolicy/fomcminutes20220615.htm Effective June 16, 2022, the Federal Open Market Committee directs the Desk to: * Undertake open market operations as necessary to maintain the federal funds rate in a target range of 1-1/2 to 1-3/4 percent. * Conduct overnight repurchase agreement operations with

foobar via The Variable: Ethereum Proof-of-Stake - Explaining Ethereum's consensus mechanism after The Merge.

Source: https://0xfoobar.substack.com/p/ethereum-proof-of-stake In this article foobar does a deep dive in: -detailed description of Ethereum’s PoS consensus model -comparing with other PoS chains such as BSC, Solana, Avalanche -how Ethereum PoS can recover from malicious attacks -refuting common anti-PoS talking points -discuss the practicalities

Federal Reserve Alert! Atlanta Fed lowers its second-quarter GDP estimate to minus 1%, down from +0.3% on Monday

DTC Alert! Proposed Rule Change – Amendment to the Reorganizations Service Guide (SR-DTC-2022-007) provide Participants with the option to submit certain instructions via APIs and ISO 20022 real-time messaging for eligible ATOP, ASOP and APUTS

Source: https://www.dtcc.com/-/media/Files/pdf/2022/6/28/17074-22.pdf So what do they want real time messaging for? About DTC's Automated Subscription Offer Program (ASOP): DTC's Automated Subscription Offer Program (ASOP) allows you to accept a rights offer and receive the