Yeah, I'm kind of happy that we had to postpone it. Yeah, it's energy we show then isn't it? It's life, you know how life works. Yeah, Jim, Jim, goody, how are you doing?
I'm great. I'm excited to start a new week. I'm excited to build new things and I'm happy. I'm just happy with life. I was needing a break before this Easter holiday and I'm
I'm very well well rested right now, so I'm happy. That's good to to hurt my friend. It was for me too. I usually don't stay at home in the weekends, but I was just
dog days, no? Just watching some breaking bad serious episodes and asking some ASE to be here at home. So,
I think it's very good to recovery. It's awesome. Yeah man, 100% like especially that March was a very complicated month. We followed a lot of crypto events. We followed a thing as well.
So yeah, sometimes a break is the best thing that you can deliver to your body in your mind Exactly so to have a big week a great week ahead in leftry Today is the first day
of their rest of our lives. But we have Shen Hai. Shen Hai is the day update that everyone is waiting for on the June. It is due to April, today, from now, it's
We don't we have the exact time and date, but it is Something around today from now What are your expectations guys? Goody and then you about Shanghai and what is Shanghai just certain text?
Okay, so like I think it actually has been rebranded to Chapella the name I just I just got to to reach up. Ella and galf told me so I think it's Chapella now don't know why they rebranded it but basically it's going to
to be the great on a theory that's going to allow people to withdraw their if that is taken on the big conch. So a lot of people are very happy about it because they especially the ones that stake their if when the big conch was released that I think it was
on the fourth quarter of 2021, I think, I may be wrong on dates, but there is a lot of people that stake there if, like, for more than two years on the big conchains. So they are happy.
They are very happy that they finally are going to be able to withdraw this eith. And like there there isn't as simple as I'm saying here, like they aren't they are not going to be able to withdraw their eith like since April 12 because April 12 is going to have their
It's going to happen there upgrade there's going to be some some schedule and people are going to start You're drawing their money at that time but it's great concluded but I'm very happy with it friend. I'm actually very bullish I was this is just my my
and I'll see you right now. I'm probably wrong but I'm gonna say it. I think that we are going to see the if price going up a lot after this upgrade because man like we are on a price range for
for a quite a while and we just saw, if cross, crossing 9000, yeah, 9000, did 9000 mark and I'm happy because I think my personal take here is after
This upgrade after Chapella we're going to see if pumping by a lot. I don't know why, but I'm expecting it. I think that a lot of people are going to stake their teeth after this upgrade because especially institutional investors, they are not going to
to put their money on some place that they are not going to be able to withdraw or that they are going to be able to rebound the future. So, but if they have some certain that they are going to be able to withdraw this if I think they are going to have more like to be
more secure and like be able to put their money there. So I'm expecting is to pop. I just bought some last night, but I may be wrong. Some people are speculating that if it's going to fall after this upgrade. Yeah, that's just my take. I don't know if I if I talk too much, but sorry guys.
No problem at all no problem at all my friend. It is always I know that you you are actually one of the guys that The guys from Ethercast actually are the guys that I think understand more about this than everyone in Brazil So or every everyone that I know actually so that is that is all
I think that a lot of people have the status at the beginning that the staking will be allowed to withdraw and will be a lot of people dumping and will be a lot of if in the market that
that will be sold and the price will crash. Stuff like that, pretty bearish. But at the end of the day, we need just to follow the logic and get back to the reason. And if you think
straight into some some some ideas you understand why this isn't the case probably won't be the case as Quiddice said we are we are not prophets here we don't have the future in our hands but we have reasons to believe that
that this will not be the case, actually much the opposite. Just remembering who is taken in the first place, who is taken unasset that will in a quantity that is
32 ether is a lot of money. You can't withdraw in a period of time that was bigger than a year. So you are committed to ether in that amount of money, in that amount of time.
You are a guy that believes or a girl that really believes on Ether as an asset. You know, you will not sell in the moment that you can't draw because you really believe in it. You really understand that Ether is an
assets that is valuable for Delongra. I'm afraid that either you know reaches one million dollars because I don't want to sell you know yeah and doesn't make sense to sell right now if you are a hard believer and of course I'm afraid of the day
that the ethereal rich won million dollars because I would not sell as well. Yeah, yeah, and the funny thing is that we have this prediction of Balaji that I don't think he is serious about it, but I think it will happen first with
it there then with this comment. Okay. Just going forward, as as Kuddy said, Shanghai or Chapella will enable more traditional, I would say, investors to the, to the staking
to the staking of it for the protection of the inscriptions of it, because you can withdraw at any time, you can have a predictable amount of percentage
of ether going to yourself. So it's like a trash rebond. I'd say for some people it is pretty similar the way it works. So yeah, we'll enable traditional ones and traditional players in the space
institutions and stuff like that can bring a lot of liquidity as well. So let's see oh Hermes is here. Let's see how things will play out in the future. We don't know actually we don't have a quick can promise that it will pump. It is impossible to make such promise.
at the same time all the indicators and the logic that we were we are baking in consideration here tells us that at least Adam is unprobable. How are you?
from our delay, it's a Monday and I'm kind of in a chocolate hangover. No problem. No problem. I think for all of us, this weekend was very recovery, you know? Recovery. Yes, I mean, it was a
I don't know about you guys, I hope that you guys have had a great time. It was a lot of fun for me. Nothing special, but my kids were surrounded by the relatives, which means a lot to me. They had a lot of fun. So they're siblings and they're
Cousins and everyone was there and they had a lot of fun. It was awesome. It's lovely to see they enjoying their family. So I hope you guys have also had a great time but
It kind of made me lazy today, I'm kind of heavy. These long holidays are like that, right?
Yeah, but it's awesome. It's awesome because it's I think you have feeling of slow is low pace and I think it's well deserved it. Just just going a little bit forward here. We had the sushi swap hack so for those that don't know
and are connected to Su-Su-Ap app disconnect this is a pretty risk situation it is somehow the amount of money that is being affected isn't the
the numbers of 3 million dollars are being affected by this hack. We don't know the whole scope of it and not the details. But the wise thing to do is to disconnect with
SushiSwap and actually is not good to be connected for a long time with an app for security reasons. So I did that. I connected all things from past stuff and I connected and let connected for like one of today's
Mac tops and then it disconnects and connects it is a it is a it is very very painful doing all that but it's the last painful then losing your assets so that's that
Do you guys know something about the social swap pack do nice? Do you guys have any secret to this as well? That social swap is kind of weird. Do you remember that market company related to horses? No, I don't remember that. It was a very weird marketing campaign day.
They made? Yeah, I don't know. I'm not until sushi strap. What do you think about it? Well, personally, I've used it a lot of it. It's sushi strap in the past when the news came out.
I was okay, let me see if I he wasn't hack it because you know I was thinking about this Very recently about men if I lose all my assets imagine that you know you can you can have that you can have your your PC got hacked your cell phone stuff like that and
And you can really be protectors of it. You can do stuff. But you mean men can come as the like, to start hack. I would imagine that. So I was thinking about devices, physical devices being hackered.
I was thinking this actually because of our friend Debbie that was Hackett and his devices. Man was so sad he was seeing live, he was being hacked and couldn't do anything to stop it.
And yeah, I think it's about to swap. I was very worried, but I wasn't I wasn't hacked. All things were enabled and unconnected. But I use it a lot of to swap in the past mainly because Unishrap wasn't available on
on polygon some time ago and I was using a switch swap because I think was safer than quid swap and I was in such a swap for a long time I provided the liquids there and yeah I think I provided some months ago
I did the immigration, but yeah, I don't I don't use any more Susuap but I use it for a long time, I never did never use it Susuap. Yeah, and I think it this is like very sad to see such a
huge and representative organization being threatened by a hack. It's always like scary to see stuff like that, no matter what. Because at the end of the day, we all know that the main
concern of most of the people that are not familiar with crypto and have never considered a joint is about the unsafety of digital environment. Even though we have a huge faith in the safety of Ethereum and
Bitcoin itself and most of the ecosystem, we already know that the platforms and the tools and the other stuff there were developed around it are fragile. Are it still fragile to such a tax?
Yeah, let's see how things will go but let me honest with you guys sushi swap for the last year Have been a total disaster in managing them
themselves, you know, as a DAO, as a company, as a community, they were pretty heavy in the fight, the DAX fights, you know, and now they are pretty gone.
You know, we have the now this hack shows us the fragilages of this stuff. You need to do up and to give updates of your app because if you don't do it, people will find fragilages
and we will exploit them. And yes, it's pretty awful. And I participated actually in the governance of Sishwap in the past.
as a civilian, not as a big figure there, and most of the total disaster, just total disaster. So I think that, yeah, since we are a bit like
bit by bit losing our player. Let's see, maybe they can recover from all that but it's very likely. Yeah, very unlikely. Yeah. Once it's won something like that happen, like people move their phones, they find the fine.
other way to handle it and they are not getting back, right? It's very unlikely that anyone that leaves a platform like that will ever come back. Yeah, it is about trust, you know? You don't trust anymore the brand, you don't trust anymore the anything.
Yeah, yeah, unfortunately. Yeah, but I want to ask you guys what do you think about like? We had last week we had something very interesting that was the Euler lab earlier. I don't know how to pronounce it, but it was
they hack it. So it's pretty interesting that why they why they give back the money that they hack it? Why do you think happened here? I think they don't have a way to to to take this money to real world and they realize that
the charges against them will be much worse or at least the Thursday for their blood if they don't give them any back. So I think most of the time this is what happens. I think they pretend that they are the good guys and they were just trying to
Give someone a lesson, but I think this is bullshit. I think that when they don't have manners to like Actually get their hands to the money they pretend that They are giving it back because they are cool, you know Yeah
Yeah, because because when you gave them on a back at least the the platform the platforms that are very powerful powerful they can like it is still unlikely that they will just
let it go, but they can take it easy on you, you know, because when you make a multimillionaire enemy, sometimes you're getting big trouble.
Yeah, let's see, let's see how things will play out and
It is very difficult to build stuff here in Web3 yet because a lot of infrastructure is not yet there. It is said when this happens because no dev, no
no person that has been in some stuff once this happened of course and yeah I think that we had like because all this all this DeFi world is transparent we actually know where the money is
This is bad and good at the same time because in this occasion it's like, as you said, when Hacker needs to give back the amount of money that they have, is because they don't have the way to
to push this forward or to liquidate it or to sell it. But it was a big hack. So yeah, I think that is pretty interesting how this system of incentives actually
works in that way, you know, because if they have the incentive to give back the money, I think that we will see less and less and less harkers like these magnitudes. Maybe we will have
In less magnitude like with individuals because individuals is less like what you do things in retaliation say. But yeah, we will not see like hacks of this amount of money.
just for context the amount of money that was hacked in other furnace was like 200 million dollars. That is a lot to hide. It is a lot so money to hide and to do all the
things to came out legally with this money to watch this money is pretty almost impossible so yes now it is very very difficult in this scope but I think minor hacks
will still occur but yeah this giant once I think will not happen because of this of this risk you know yeah let's let's see how things will we play out in I want your rescue guys which security tips do you have
For for for us and for people here. I don't know as a user like Ledger man don't click Anything. I don't know it's weird because we are seeing big protocols being hacked into yeah, yeah, I'm kind of lost like
I would say, "Oh, just trust on big protocols." But this is not the true. You cannot trust in it. Also. As they say, don't trust, verify. Don't trust, verify. Yeah.
Yeah, do you have any other tips like small tips? I think the biggest tip that I can give to anyone that like don't don't let your asset seat seat on just one wallet Like if you if you are interacting with defy buying a fts like basically
doing daily stuff on creep 2, don't let these wallets be the same wallet where you storage your valuable assets. Use board wallets, use wallets that you don't mind losing the money that is there because otherwise man like, come on like sushi swap is still like a huge
player on the 5 and we never could imagine that something this big could happen. I trust Uniswap, I think they are a great team but bad things can happen and we are not prepared for everything.
like as your life depends depending on it because it might as well. So don't let your essence on just one wallet, interact with the fire on board wallets and please don't click on links that are on Google, on social media, like
don't trust verify that's the most important thing that I can. Great, great. Yeah, anything, yeah, we have a lot of perspectives to see that. You'll set one, don't click on links, don't know
don't use the diversity of wallets and layers of wallets, right? You have the ones that you do daily, you have the code storage, you have this very very much of wallets, these layers of protection. This is a pretty
The first layer, the second layer, the third layer and every layer you have a barrier. It will be a barrier for yourself as well because you need to do stuff.
you need to connect your hard wallets and you need to sign the transaction, it is a barrier for yourself as well. But it is a much much bigger barrier for the hacker, you know. So it is always great to do things layered because you are you are each barrier you have a 10 times
greater protection. That's the big perspective here. Talking about devices. What I've been working on is using operational systems that are more secured than Windows actually
because Windows is pretty insecure without antiviruses and stuff like that. So it is good to update always your browser and all things they use and your OS.
as well being the last that is more secure. You know this kind of stuff and because device is something that really happens as well, people hack into the device, don't get connected or logged into every app as well.
And if it is possible, don't install extension. I'm using that right now. I'm not downloading any extension of Metamask or any wallet in my PC. I'm doing all with wallet connected, wallet connect with Q and
I think in my personal view it is more secure. Just remember something that I think it's worth mentioning for those that like directly follow the protocols by NFTs, media NFTs, there is some some some browser extension that is very interesting.
It's called fire. I don't know if you guys already know it, but they are on Twitter and they basically tell tells you in not gonna sing Portuguese because they are in English, but they tell in words what what you are approving or what what what that that transactions mean so if you like if you are not
of dev and most of the time you don't know what you are proving like if this is like some amount, if this is all the amount that you have, it's about some NFT collection. Anyways, like, it's a very interesting, um, extension show and I'm using it and I'm liking. I know that, um, for most users, they prefer not
to download things like that and I completely understand. But after all the math and all the difficulties that I have regarding approvals and executions on Metamask, I decided to download it and I'm finding it very interesting because it really explains to me what I'm doing on my Metamask.
Nice tip. I saw the Metamask here. They are doing some updates on the security stuff part, but it's always cool to use other plugins or extensions that you can actually see what you are signing
because there is a lot of blinds signing in this space. Thank you guys for being here. I think that's all for GM. We have a great weekend. We have to go ahead. Thank you. Danny, thank you Hermes. Thank you.
for being here and think all that listen inside Jim to us. Thank you. Nice to have you today. Love it. Jim, Jim, my friends have a great week and see you tomorrow. You. Much love. Bye.