Solana has rejected the safety ranking of “second-worst” that it received from DeFi Safety this week after the DeFi watchdog raised concerns over the platform’s frequent downtime and unsatisfactory node structure:
1/28 Due to repeated downtime, @solana has the second worst final technical risk score of the 15 chains that we have reviewed so far. Only @Ronin_Network has a lower score at this point. This is for a variety of reasons. 🫤 pic.twitter.com/GLhugXmPi8
There are five different criteria that DeFi Safety uses in its blockchain evaluations: security and testing, node count, node diversity, documentation, and supporting software. The concerns raised by the watchdog predominantly revolve around the lack of transparency from the network’s archive node, alongside Solana’s processes for storing the blockchain’s data.
Beyond the platform’s insufficient node clients (software aiding users in connecting to the blockchain), Solana’s repeated downtime was a decisive factor for DeFi Safety.
Solana presents systemic technical risk. There is no doubt about it. User funds, in our eyes, are at risk. We penalise them heavily for downtime because users cannot access their funds when the chain goes down.
DeFi Safety Twitter – @DeFiSafety
Presently, Solana has only a single piece of software for its node operators, which DeFi Safety claims has not been audited since 2019. However, the report isn’t entirely negative as the watchdog has given the platform credit for aspects where it performs well.
Credit where it’s due, Solana has made significant strides in validation decentralisation. Thanks to an impressive program that incentivises many validators on other continents, Solana scores well on this point.
DeFi Safety Twitter – @DeFiSafety
More than 15 blockchains and 240 decentralised finance protocols have been reviewed by DeFi Safety so far. Ronin blockchain, Axie Infinity’s popular play-to-earn gaming platform, was ranked the worst. Ronin was hacked for US$625 million in March, in what was the biggest DeFi hack to date.
Solana’s Plagued Past
Heavy downtime has plagued Solana for some time, with several instances over past months inconveniencing users. On January 6, Solana crashed temporarily following a Distributed Denial of Service (DDoS) attack which caused massive transaction delays. Upsettingly, a second crash followed in the same week. Solana denied it was due to another potential DDoS attack, claiming the downtime was the result of an increase in high compute transactions.
Last month, Solana was down for seven hours after bots attacked ‘Candy Machine’, the platform’s NFT minting tool, causing four million transaction requests that the platform could not keep up with.
Last week, Optimism – a rollup solution for the Ethereum network – lost US$15 million worth of Optimism (OP) tokens after launch partner Wintermute transferred the tokens to the wrong wallet address. On Monday, the attacker returned 17 million OP tokens, worth roughly US$11 million.
Hacker Returns Majority of Funds, Keeps 2M as Bounty
As per a tweet from Optimism, the address returned the majority of funds but kept 2 million tokens as bounty:
Hey folks—in the interest of transparency (😉,😅), the address has returned a majority of the OP, and @wintermute_t has committed to reimbursing the Optimism Foundation for the remaining 2mm OP, which was kept as a bounty.https://t.co/jtElgPdNPk
Optimism is designed to alleviate congestion on the Ethereum network and provide users with faster and cheaper ERC-20 transactions.
Wintermute is Optimism’s partner and market maker, providing liquidity services. Problems began when Wintermute accidentally sent the wrong address to Optimism’s team. “We made a serious error,” it has since conceded.
Hacker Sends 1M OP Tokens to Ethereum Co-Founder
According to on-chain data, the attacker cashed 1 million OP tokens and then sent 1 million tokens to Ethereum co-founder Vitalik Buterin. The attacker left an on-chain message for Buterin, stating:
Hello, Vitalik, I believe in you, just want to know your opinion on this. BTW, help to verify the return address and I will return the remaining [tokens]. And hello Wintermute, sorry, I only have 18M and this is what I can return. Stay Optimistic!
Etherscan data
The reasons for sending Buterin 1 million OP remain unclear. Crypto Twitter, Wintermute and Optimism are speculating on the possible motives. In a blog post, Wintermute said it might have been the work of a white-hat hacker:
We are open to see this as a white hat exploit. Moreover, the way the attack has been performed has been rather impressive and we can even consider consulting opportunities or other forms of cooperation in future. We are also content with the scenario where the remaining 19 million tokens are returned to Optimism wallet.
Bitcoin and other cryptocurrencies took a major tumble this past weekend, accelerating into the week, following the release of the latest official US inflation data which revealed the fastest annual increase since December 1981:
According to the US Bureau of Labor Statistics, CPI rose 8.6 percent for the 12 months through to May, the largest increase in over 40 years.
The index, long deemed unreliable by hard money advocates, purports to track the movement of a broad range of goods and services in an economy, including food, shelter and energy.
Among the largest increases were energy (34 percent), used cars and trucks (16 percent), and food (10 percent). However, few in the crypto community believe official CPI figures, with most suggesting that in reality it ought to be in the double-digits:
Inflation just hit a NEW 40-year high.
Overall CPI: +8.6% since last year Gas: +48.7% Fuel Oil: +106.7% Meat, Poultry, & Fish: +13.1% Milk: +15.9% Eggs: +32.2% Coffee: +15.3% Used Cars: +16.1% Airline Fares: +37.8% Real Average Hourly Earnings: -3%
In theory, the higher inflation rises, the more likely that the Federal Reserve will hike interest rates. And if that does indeed come to pass, all risk assets (including crypto) tend to get sold off as investors flee to relative safe haven assets such as bonds.
As news broke on June 10 of the highest US inflation levels in 40 years, investors expressed fears that it could trigger more aggressive action by the Federal Reserve. And then just yesterday, news emerged that Fed officials were contemplating a 0.75 percent increase, up from the 0.5 percent expected by the market.
Almost immediately, all risk assets saw dramatic outflows, with the crypto sector being hit especially hard:
Crypto heatmap for performance over past seven days. Source: Cryptorank.io
Among the top ten cryptocurrencies, ETH was down over 36 percent, BNB by 25 percent and BTC by 29 percent.
As liquidations continued, the crypto market sank below US$1 trillion for the first time since early 2021.
At the time of writing, the total market capitalisation had slipped to US$933 billion, down from its all-time high of US$2.95 trillion reached in November 2021. Meanwhile, BTC is now trading at US$22,265, with ETH exchanging hands at US$1,440.
This latest sell-off is starting to make May’s downturn look trivial in comparison, and by all accounts there is still some way to go before we hit bottom. One thing is, however, certain – macro and crypto are officially intrinsically linked. Crypto can no longer be said to be uncorrelated with the broader macroeconomic environment, as was the case in years gone by.
Let’s take a closer look at today’s altcoins showing breakout signals. We’ll explain what the coin is, then dive into the trading charts and provide some analysis to help you decide.
1. Ocean Protocol (OCEAN)
Ocean Protocol OCEAN is a blockchain-based ecosystem that allows individuals and businesses to easily unlock the value of their data and monetise it through the use of ERC-20 based datatokens. OCEAN is a utility token that is used for community governance and staking on data, in addition to buying and selling data as the basic unit of exchange on the Ocean Market. The price of these datatokens is set by an OCEAN-datatoken AMM pool, which adjusts the price of the datatoken as it is bought and sold based on supply and demand.
OCEAN Price Analysis
At the time of writing, OCEAN is ranked the 153rd cryptocurrency globally and the current price is US$0.1984. Let’s take a look at the chart below for price analysis:
OCEAN dropped 75% from its March high before beginning a consolidation in mid-May.
Inefficient trading, the base of June 7’s rally, and the 9 and 18 EMAs could offer resistance just over the June monthly open, near $0.2317.
A rally higher might target the June 9 swing high near $0.3190. Bears’ stops above this high and the inefficiently traded area on the daily, weekly and monthly charts could serve as a target and resistance.
Bulls might find support near $0.1928. If this level supports the price, it will most likely be after a sweep of the relatively equal lows in this area.
Longer-term, the bearish higher-timeframe trend and market conditions make it likely that the price will continue dropping and reach near $0.1530. Some weekly charts show inefficient trading in this area.
If this level fails, bulls might find more substantial support near $0.0867. This area is the last accumulation on the monthly chart before July 2020’s stunning rally. It’s also near the low end of a large, inefficiently traded area on the monthly chart.
2. THORChain (RUNE)
ThorChain RUNE is a decentralised liquidity protocol that allows users to easily exchange cryptocurrency assets across a range of networks without losing full custody of their assets in the process. The native utility token of the THORChain platform is RUNE. This is used as the base currency in the THORChain ecosystem and is also used for platform governance and security as part of THORChain’s Sybil resistance mechanisms – since THORChain nodes must commit a minimum of 1 million RUNE to participate in its rotating consensus process.
RUNE Price Analysis
At the time of writing, RUNE is ranked the 62nd cryptocurrency globally and the current price is US$1.90. Let’s take a look at the chart below for price analysis:
RUNE has dropped 84% from its March high. It’s currently breaking down from its consolidation range formed in May and early June.
The price might find its closest resistance in an inefficiently traded area on the daily chart between $2.426 and $2.244. This level has confluence with the May 27 swing low.
The price may be forming a triple-sweep (three lower lows) before returning into its consolidation range. If so, an inefficiently traded area near $2.657 could provide another resistance. This level also shows distribution on the weekly chart near the 18 EMA.
A more extended rally could reach an inefficiently traded area on the monthly chart between $3.295 and $3.998. Yet this is less likely to happen soon, given the current bearish market conditions.
Below, $1.554 could offer support. This level is an area of inefficient trading below a daily swing low from January 2021. It also shows accumulation on the weekly.
The following daily swing low, near $1.120, could offer the next bearish target. This level shows inefficient trading on the daily and weekly charts.
If the bearish trend continues, it may be targeting an area of old inefficient trading on the monthly chart between $0.761 and $0.630. The price might sweep under the low end of this range to remove bulls’ stops under the monthly swing low. Overall, this area shows accumulation on the monthly and could provide the base for a longer-term bullish shift.
3. Tranchess (CHESS)
Tranchess CHESS is a yield-enhancing asset tracker with varied risk-return solutions. Tranchess provides a different risk/return matrix out of a single main fund that tracks a specific underlying asset. The name Tranchess was inspired by the game of chess, as well as the French word “Tranche”, which is often associated with tranche funds that cater to a different class of investors with varying risk appetite. Tranchess was launched on June 24, 2021. The project leverages on smart contracts, making it transparent and automated across processes.
CHESS Price Analysis
At the time of writing, CHESS is ranked the 536th cryptocurrency globally and the current price is US$0.2716. Let’s take a look at the chart below for price analysis:
CHESS dropped 84% from its early April swing high before beginning a consolidation range in mid-May.
Most trading occurred between the June monthly open and $0.270. Here, relatively equal lows have formed under the oldest historical low, around $0.367.
These lows might serve as a magnet for a stop run reaching near the last swing low, between $0.256 and $0.230. Traders “selling the news” of June 16’s launch might push the price below these lows.
A continued move down could run more bulls’ stops below May’s low at $0.2040.
No historical price action exists under May’s low to pinpoint possible support.
Round numbers suggest that $0.175 could offer some support on an initial stop run under May’s low.
Below this level, the 50% and 100% extensions (projected from two swings in the current range) overlap near $0.050. This confluence could offer a weak hint at another possible support. Bulls should be highly cautious given the bearish chart and market conditions.
These coins have high liquidity on Binance Exchange, so that could help with trading on AUD/USDT/BTC pairs. And if you’re looking at buying and HODLing cryptos, then Swyftx Exchange is an easy-to-use popular choice in Australia.
Terra Labs’ CEO Do Kwon has struggled to stay away from headlines over the past few months and this past weekend was no different, as explosive claims emerged that he had drained US$80 million a month prior to the infamous LUNA collapse.
According to Twitter user @FatManTerra, Do Kwon the founder of $LUNA and $LUNC cashed out $2.7 billion over the beginning months of 2022.
This is in addition to his $80 million a month cashout that he on took.
The SEC have confirmed they are investigating $UST.
The claim first appeared on Twitter in a lengthy thread by self-appointed Terra sleuth FatManTerra. In a lengthy exposé, he shared how the Terra Labs CEO, together with a slew of influencers, managed to drain US$80 million a month while artificially maintaining the liquidity. In fact, he suggests that Kwon had, until the collapse of Terra, been cashing out US$80 million every month for almost three years.
The report, which surfaced this past weekend, claims that Kwon drained liquidity out of Luna Classic (LUNC) and TerraUSD Classic (USTC) before the crash, and prior to purchasing Tether (USDT).
FatManTerra then proceeded to outline the mechanism as to how this was achieved:
🧵 Some of you thought $80m per month was bad. That's nothing. Here's how Do Kwon cashed out $2.7 billion (33 x $80m!) over the span of mere months thanks to Degenbox: the perfect mechanism to drain liquidity out of the LUNA & UST system and into hard money like USDT. (1/13)
This should be obvious, but the claim that I cashed out $2.7B from anything is categorically false.
Do Kwon, CEO and founder, Terra Labs, via Twitter
Kwon, who at the time of LUNA’s collapse claimed to be “heartbroken”, suggested that the rumours of him cashing out “clearly” contradicted claims that he still holds most of his LUNA holdings, obtained during the airdrop. He added that:
To reiterate, for the last two years the only thing ive earned is a nominal cash salary from TFL, and deferred taking most of my founder’s tokens because a) didn’t need it and b) didn’t want to cause unnecessary finger pointing of ‘he has too much’.
Do Kwon, CEO and founder, Terra Labs, via Twitter
Not finished there, Kwon told the community that “spreading falsehood” only added to the pain of all LUNA investors:
I didn’t say much because I don’t want to seem like playing victim, but I lost most of what I had in the crash too. I’ve said this multiple times but I really don’t care about money much.
Do Kwon, CEO, Terra Labs
Poor to Blame for Being Poor
It’s difficult to take Kwon’s claims seriously that he “doesn’t care about money much”, especially in light of his penchant for labelling his critics as “poor”:
Selection of Kwon comments re “poor”. Source: @soy_eth ·
Whether the allegations are true or not, Kwon evidently has a long way to go in order to regain credibility and trust within the crypto community. With a class-action lawsuit pending and SEC investigation under way, Kwon looks set to remain in the spotlight for now, albeit for all the wrong reasons.
TBD, a Bitcoin-focused business unit of Jack Dorsey’s company, Block, has launched “Web5”, or what it calls an “extra decentralised web platform”. Its goal? To decentralise data storage and put users back in control of their identity:
Dorsey, who has previously called Web3 a “centralised venture capital playground“, clearly has a very different conception of what it means to be decentralised and took to Twitter to express his enthusiasm for the new project:
this will likely be our most important contribution to the internet. proud of the team. #web5
This was received favourably by macro investor and renowned Bitcoiner Lyn Alden, who commented:
So, providing actual utility, without unnecessary seigniorage to benefit token VCs while using exit liquidity on retail like web3?
Lyn Alden, Lyn Alden Investment Strategy
Why Web5?
According to TBD’s website, Web5 enables developers to focus on enhancing user experience, while simultaneously enabling users to retain ownership of their data and identity.
TBD Web5 presentation. Source: TBD
To do this, they have leveraged Bitcoin and other decentralised technologies. According to the presentation published by TBD, the concept of Web5 is based on three pillars:
decentralised identifiers (DIDs) – provide authentication and data routing;
verified credentials (VCs) – special formats and data models for cryptographic representation and verification of assertions; and
decentralised web nodes (DWNs) – store data and relay messages exchanged between applications and protocols.
The developers explained that DIDs are generated by users and are not stored by centralised providers or other third parties. Further, the ION layer 2 network can be used as the protocol for the VC. Finally, DWNs will allow ecosystem participants to store and transmit encrypted or clear messages and data.
TBD believes that this will provide an opportunity to create many decentralised applications and protocols based on them:
The combination of DID and DWN creates a secure messaging network that can replace single-purpose protocols (encrypted messaging, photo sharing, and so on) with universal standards for all types of semantic data exchange.
TBD presentation
Consumer and Business Applications Will Drive Adoption
At this stage in the technology adoption curve, most retail investors are likely to find the concept of Web3 confusing, let alone Web5, which on its face appears equally, if not more complex. And who could blame them?
In the end, as was the case for Web2, it’s the consumer and business applications that ultimately drive protocol or technology adoption.
Is Web5 viable? That remains unclear. However, given the quality of leadership and track record of those behind it, not to mention the calibre of those supporting it, investors would be well advised to, at the very least, sit up and take notice:
Decentralized web, yes Web5. Web3 is a tokenomics pitch for an ICO re-run. You've got to learn or you will keep getting rugged by insiders on same old rugs re-branded.
Let’s take a closer look at today’s altcoins showing breakout signals. We’ll explain what the coin is, then dive into the trading charts and provide some analysis to help you decide.
1. Tron (TRX)
Tron TRX is a blockchain-based operating system that aims to ensure this technology is suitable for daily use. Whereas Bitcoin can handle up to six transactions per second, and Ethereum up to 25, TRON claims that its network has a capacity for 2,000 TPS. This project is best described as a decentralised platform focused on content sharing and entertainment, and to this end, one of its biggest acquisitions was the file-sharing service BitTorrent in 2018. Overall, TRON has divided its goals into six phases. These include delivering simple distributed file sharing, and driving content creation through financial rewards.
TRX Price Analysis
At the time of writing, TRX is ranked the 13th cryptocurrency globally and the current price is US$0.07827. Let’s take a look at the chart below for price analysis:
TRX accompanied the rest of the market during the Q2 drop, falling nearly 45% from early May until it found a low last week.
Price action formed a weekly support level near $0.06654, which has so far held up the price. The most recent swing low inside this range, near $0.06249, might be the target for any future stop runs. After this low, the swing low near $0.05789 and the gap beginning near $0.05126 mark possible higher-timeframe support.
The price is currently battling with significant higher-timeframe resistance levels, with the closest probable resistance resting near $0.08892, just over the previous monthly open. A sweep of the relatively equal highs above this resistance might find sellers near $0.09535, but could reach as high as $0.1173.
2. Neo (NEO)
NEO bills itself as a “rapidly growing and developing” ecosystem with the goal of becoming the foundation for the next generation of the internet – a new economy where digitised payments, identities and assets come together. As well as drawing a worldwide community of developers who create new infrastructure for the network and lower barriers to entry, the team behind this project operates an EcoBoost initiative that’s designed to encourage people to build decentralised apps and smart contracts on its blockchain.
NEO Price Analysis
At the time of writing, NEO is ranked the 54th cryptocurrency globally and the current price is US$12.54. Let’s take a look at the chart below for price analysis:
After creating a second equal low during May, NEO has gained nearly 20% into resistance that starts near $13.24.
Aggressive bulls looking for a continuation to the nearest cluster of relatively equal highs around $14.33 might look for bids near $13.86. More significant resistance rests above, near $14.85. A group of significant swing highs at $15.36 and $17.29 give possible targets if this resistance breaks.
A stop run on the recent low at $12.09 into possible support beginning near $11.63 might see stronger bidding. This area also has a confluence with the previous monthly low.
A bearish market shift could reach the swing low at $10.30 into possible support beginning near $9.84.
3. Shiba Inu (SHIB)
Shiba Inu SHIB coin was created anonymously in August 2020 under the pseudonym “Ryoshi”. The meme coin quickly gained traction and value as a community of investors was drawn in by the cute charm of the coin, paired with headlines and tweets from personalities including Elon Musk and Vitalik Buterin.
SHIB Price Analysis
At the time of writing, SHIB is ranked the 17th cryptocurrency globally and the current price is US$0.000009129. Let’s take a look at the chart below for price analysis:
SHIB performed well during Q1, reaching over 45% from the first week of February into the resistance near $0.00002542.
For the past several days, the price has been moving in a falling wedge and appears to be flipping old support near $0.000009042 to resistance. If this level breaks – perhaps due to the tempting daily equal lows below – the next support begins near $0.000008329.
Bulls entering at these levels could set their first target near the previous resistance near $0.00001280. Beyond this level, probable targets include the new monthly highs near $0.00001324 and the resistance above near $0.00001452.
A break of this resistance later this month could continue to the new highs near $0.00001682 and $0.00001824.
These coins have high liquidity on Binance Exchange, so that could help with trading on AUD/USDT/BTC pairs. And if you’re looking at buying and HODLing cryptos, then Swyftx Exchange is an easy-to-use popular choice in Australia.
Thirty years ago, American cyberpunk science-fiction author Neal Stephenson conceived the term “metaverse” in his 1992 bestseller Snow Crash. Now he’s bringing the concept to life.
Stephenson and crypto trailblazer Peter Vessenes, original convenor of the Bitcoin Foundation, this week announced the joint creation of their metaverse-specific blockchain, Lamina1, with Vessenes named as CEO and Stephenson chairman of the project:
After publishing Snow Crash about 30 years ago, Neal Stephenson has just co-founded (with Peter Vessenes) a new venture called Lamina1. Basically, the company wants to build the base-level protocol as the very basis of an open metaverse. pic.twitter.com/cpi4TLpvDX
The testnet and betanet of Lamina1 are scheduled to be launched later this year, with the pair’s ultimate goal to create a fully immersive 3D open metaverse directly inspired by Stephenson’s novel.
The “provably carbon-negative” Lamina1 chain will offer high transaction volume and an economic design with new incentive mechanisms to help create what its architects describe as thriving, vibrant economies for creators and entrepreneurs.
Vessenes says the first iteration of the blockchain will be “somewhere between a friendly fork and partnership” of Avalanche, though nothing is set in stone as yet.
We Just Want to ‘Build Cool Stuff’
“When I look at the things that have made the top chains work, it’s really just how successful they’ve been at getting their communities all the resources they need, and just helping them succeed,” Vessenes adds. “What we’re wanting to do is bring in very, very high-quality IP partners, enterprise partners, help everybody meet each other and just build cool stuff.”
Financial backers of the project already named include Ethereum co-founder Joseph Lubin, PSL co-founder Geoff Entress, Bloq chairman Matthew Roszak, Transparent Systems president Patrick Murck and blockchain pioneer David Johnston.
The Multi-Trillion-Dollar Frontier
Last month, an Analysis Group report estimated that the metaverse could make a US$3 trillion GDP contribution in its first decade. Goldman Sachs is even more bullish, predicting as much as US$8 trillion in potential earnings. And JPMorgan – another global investment bank – believes the metaverse is likely to infiltrate every sector in coming years, having entered the Web3 space with its own virtual Decentraland lounge in February.
Of course, such continued exponential growth is only likely if the industry reaches its expected potential.
Salesforce Inc, a leader in customer relations software, is piloting a cloud-based service for minting and selling NFTs called ‘NFT Cloud’.
The company has made some changes to its consensus mechanism after its employees protested the firm’s NFT plans, citing environmental concerns. It will no longer be using energy-intensive proof-of-work blockchain platforms but is yet to announce which blockchains it will be supporting:
NFT Cloud will allow brands to tap Salesforce’s cloud-based tools to create and sell NFTs. Salesforce’s foray into NFTs will likely be used for brand loyalty initiatives and access to events, and is set to go live in October this year. Senior vice president Adam Caplan has said that brands are likely to use NFTs for engagement and access rather than selling collectibles.
As it stands, NFT Cloud is available as a pilot program to a limited number of customers and has yet to specify which blockchain platforms will be used to mint NFTs, but Salesforce has made it clear that it would not be supporting blockchains that use energy-intensive proof-of-work consensus models.
Ethereum developers completed a significant milestone towards Ethereum’s eventual full transition to a proof-of-stake blockchain on June 8, by merging the Ropsten testnet’s original proof-of-work chain with its new proof-of-stake chain:
The planned merge of the Ropsten testnet was first announced on June 3, when it was described by Ethereum developer Tim Beiko as a “dress rehearsal for node operators”.
Ethereum co-founder Vitalik Buterin has previously said that if all goes well with the Ropsten merge, he anticipates the mainnet merge will take place around August of this year.
Merge Will Reduce Energy Use by Orders of Magnitude
Ethereum is currently a proof-of-work chain, which means miners use large amounts of energy to solve complex mathematical puzzles to verify new transactions, in the process earning ETH. This process is energy-intensive, largely due to the fact that the energy used by miners that don’t solve the puzzles is essentially wasted.
Once the network transitions to proof-of-stake, there will no longer be miners – they’ll be replaced by validators. Validators will also verify transactions, but rather than relying on massive computing power to do so, validators will be selected based on the amount of ETH they’ve staked and the duration they’ve staked it.
Speaking on a livestream before the Ropsten merge, Buterin was hopeful that a smooth test merge would demonstrate how far the developers have progressed along the path towards proof-of-stake, and suggested if all goes well the upgrade could be applied to mainnet fairly easily:
We’re hoping it’s going to be a good demonstration of just how far we’ve come. If everything goes well, it basically means that we’re just a bit of polishing away from the merge being able to happen on mainnet.
Vitalik Buterin, Ethereum co-founder
Ropsten is Ethereum’s oldest testnet and is considered the testnet most similar to the Ethereum mainnet, meaning that theoretically any changes on Ropsten should transfer smoothly to mainnet.
