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- https://rekt.news/
- Optimism bug: https://protos.com/ether-hacker-optimism-ethereum-layer2-scaling-bug-bounty/.
- 5 hour (watched on 2.5x, so 2hrs) Tim Ferriss and Balaji Srinivasan (former coinbase CTO, Stanford Lecturer, https://www.linkedin.com/in/balajissrinivasan/).
- https://www.youtube.com/watch?v=qRao8xS_nyM.
- It was not technical; mostly geopolitical.
- Always remember: bitcoin is a currency. It’s a primitive (in a good/resilient way). The other blockchains are platforms.
- Crypto ETFs: https://cryptohayes.medium.com/thanks-for-nothing-d4b086c2e556.
- ProShares’ BITO: https://www.proshares.com/our-etfs/strategic/bito
- Valkyrie’s WGMI: https://valkyrie-funds.com/wgmi
- Valkyrie’s BTF: https://valkyrie-funds.com/btf
- Valkyrie’s VBB: https://valkyrie-funds.com/vbb
- Grayscale’s GBTC: https://grayscale.com/products/grayscale-bitcoin-trust
- Grayscale’s ETHE: https://grayscale.com/products/grayscale-ethereum-trust
- Planted lemon pepper, sunflower, eggplant, beet, stevia, and lime basil.
- Contango: where the futures price is higher than the spot price. It’s going up. Opposite is backwardation.
- Software/crypto bros love the phrase “Cambrian explosion” – I hear it in nearly every podcast.
- a16z’s web3 testimony: https://a16z.com/wp-content/uploads/2021/10/How-to-Win-the-Future-Deck.pdf. Not technical, more high-level impact pitch.
- Marc Andreessen and Ben Horowitz. VC menlo park. Much of early silicon valley tech and now crypto.
- Love the abbreviation a16z, from their last names.
- Some stablecoins are algorithmically-pegged, rather than collateralized with fiat.
- Tether still #1 at 78b market cap right now, USDC #2 at 52b. Then large dropoff to binance usd, terra, and dai.
- Coinmarketcap’s portfolio feature is enter-all-positions-and-transactions-manually, not connect-your-wallets-and-autoupdate.
- DeepDao: https://deepdao.io/ (403 when VPNing). They’re to DAOs what coinmarketcap is to coins. Aggregator, analytics, leaderboards, etc.
- Lists treasury, holders, active members, proposals, more.
- Currently 183 listed DAOs with full data (of ~4k total globally). BitDAO #1, uniswap 2, lido 3.
- WalletConnect, protocol to link any wallet to any dapp: https://walletconnect.com/.
- Cisco offered >20b for splunk: https://www.bloomberg.com/news/articles/2022-02-11/splunk-jumps-on-report-that-cisco-made-20-billion-plus-offer.
- BlockFi 100m SEC fine (illegally offered yield product).
- 1inch: https://1inch.io/. Another dao/wallet/dex/api/more (cross-network, primarily eth and its L2s).
- Nick Szabo’s post about social scalability: https://unenumerated.blogspot.com/2017/02/money-blockchains-and-social-scalability.html.
- Weak subjectivity: a new node is nearly objective and can determine what the current state is correctly (which active chain), but if it’s been offline for a long time then it will need input from other nodes. https://blog.ethereum.org/2014/11/25/proof-stake-learned-love-weak-subjectivity/.
- https://multicoin.capital/2021/05/25/technical-scalability-creates-social-scalability/.
- Reread the web3 criticism from Matt Rosenfeld (Moxie Marlinspike) again, now that I am substantially more educated on the subject.
- https://moxie.org/2022/01/07/web3-first-impressions.html.
- He built 2 dapps (https://autonomous.graphics/ and https://firstderivative.market/) and a dynamic (violatory) nft.
- Almost everything uses Infura or Alchemy to interact with the blockchain. MetaMask even. It’s just making infura calls (for balances), opensea calls (for NFT holdings) and etherscan calls (for transaction history).
- Remember what this means about decentralization. Your client (say, your mobile smartphone) isn’t running a full eth node. It’s making a call to a centralized service that has nodes running on servers.
- Now, I can confidently agree – with context.
- Reactions on reddit (including vitalik): https://www.reddit.com/r/ethereum/comments/ryk3it/my_first_impressions_of_web3/hrrz15r/.
- Transferred decent chunks of MATIC and ETH to each of polygon/optimism/arbitrum.
- All can be used directly through metamask, just switch networks.
- Obviously to deposit IN, you have to use the bridge for that network to go from eth mainnet to X.
- Then, again, dapps that support those networks just connect through metamask as usual.
- Or directly send to an address on that specific network (your address for receipt is the same, they just select the appropriate network before sending directly in metamask).
- Even wallet transactions to approve usage of various tokens within the wallet; over $15 each. Eth L1 is unusable for the common population (and it’s been much worse before than the current volume).
- Gas for a single transaction on optimism just now was still $1-$2. Too much for the avg transaction for the avg person.
- Optimism was smoother from a network perspective than arbitrum. Similar gas.
