Odaily星球日报讯 Vitalik Buterin 今日在 Web3 Transitions Summit 上谈及社交恢复话题时表示，Web3 产品完全可以实现类似于 Web2 产品的社交恢复功能，只是底层技术基于区块链而已。用户无需知道产品背后的代码，社交关系（数据）已沉淀在链上，只需一次与朋友间的简单交互，就可以实现社交恢复功能。

Vitalik：Web3产品完全可以实现类似于Web2产品的社交恢复功能

Odaily Odaily News: Vitalik Buterin talked about the topic of social recovery at the Web3 Transitions Summit today and said that Web3 products can fully realize social recovery functions similar to Web2 products, but the underlying technology is based on blockchain. Users do not need to know the code behind the product, and the social relationship (data) has been deposited on the chain. With just one simple interaction with friends, the social recovery function can be realized.

Vitalik: Web3 products can fully realize social recovery functions similar to Web2 products

Bitcoin's price briefly touched $60,000 last week. Under a diminishing returns model, this is no mere noise. The market is touching the weakest link in the entire four-year cycle and logarithmic growth framework.

With the gains at the top of the Bitcoin cycle already significantly compressed, a further historically deep correction would completely negate the allure of its classic cycles.

This is not a prediction; it's a mathematical law.

Cycle Top Gains are Compressing

Historical Bitcoin Cycle Tops:

· 2013: ~$1,242

· 2017: ~$19,700

· 2021: ~...

$55,000 will be the lifeline for Bitcoin.

Citadel, Ark Invest, and Tether back LayerZero as it launches the Zero blockchain - ZRO price goes on a rollercoaster. Photo: Decrypt.
Early this morning (February 11th), LayerZero officially announced the launch of its new layer-1 blockchain called ...

Citadel, Ark Invest, and Tether back LayerZero as it launches the Zero blockchain - Price Z...

The crypto market experienced a sharp drop this afternoon, with Ethereum falling below the $2,000 mark at 3 PM Taiwan time, according to Hyperliquid [...]
The article, titled "Machi Big Brother Suffers Huge Losses and Didn't Sleep All Night? Ethereum Falls Below 2000 Magnesium, Panic Arrives, Opens Long BlockTempo and Loses 120,000 Magnesium," was originally published on BlockTempo, the most influential blockchain ABMedia media.

Machi Big Brother lost so much money he couldn't sleep all night? Ethereum fell below 2000, causing panic. He long positions in ETH and HYPE, then sold at a loss, losing all 120,000 in magnesium.