• Wednesday

    • The overall crypto market has lost ~2T from its mcap since november.
    • Played with OUs and IAM in AWS.
    • Formalized all geth documentation.
  • Tuesday

    • Unit. Banking as a service.
      • https://www.unit.co/
      • For developers to integrate financial services into their apps. Cards, payments, banking info, etc.
      • They own compliance/regulation.
    • DFNS. Custody as a service.
      • https://www.dfns.co/
      • APIs to generate wallets, sign transactions, key management, etc.
      • They own compliance.
      • Can specify policies as well.
    • Set up macbook keyboard shortcuts for ctrl-option-<arrow> to tile windows left and right.
      • On mac, fn-del is for forward delete, since there’s no separate key.
      • Option-arrow is for jumping words. Command-arrow is for home/end (although fn-arrow works as well).
    • UST/LUNA.
      • When a user wants to swap LUNA for UST, guaranteed 1:1 in quantity (not value), a portion of LUNA is burned and a portion goes into the treasury.
        • The burning of LUNA reduces LUNA’s supply, increasing its price.
        • The minting of UST increases its supply, decreasing its price.
      • This is how UST goes back down to $1 if it’s over $1. Users are incentivized to.
      • The exact opposite is also true. If UST is below $1, users will trade 1 USDC for 1 LUNA, make a profit, and the value of USDC will increase by burning USDC and the value of LUNA will decrease by mingting LUNA.
      • Arbitrage in both directions – this is what stabilizes UST.
      • The treasury then buys bitcoin (or other non-terra-ecosystem value-holders) to further diversity and increase confidence.
      • Matt Levine with a great quote: “(1) Ponzi, (2) acceptance, (3) diversification, (4) permanence.” Fake it till you make it, baby.
      • LFG = Luna Foundation Guard.
    • Connecting vscode to EC2 instance.
      • Just use the “remote – ssh” extension.
      • Get the pem of the keypair that launched the instance in a local file (chmod 400), the username, and the amazon-provided hostname, then add all that to a Host entry in ~/.ssh/config.
      • Then simply add the host in vscode (it knows to check that file) then connect to that host.
      • Easy. All through ssh conf.
    • StakeDAO: https://stakedao.org/
    • Full eth network, private, aws. Click PoA, bootnode, puppeth for genesis, clef for key management. Done.
  • Monday

    • Crypto litigation tracker: https://www.morrisoncohen.com/siteFiles/News/MoCo%20Cryptocurrency%20Litigation%20Tracker.pdf.
    • Blockchain class, berkeley+stanford (online) – https://defi-learning.org/f22 
    • Strata is a solana tool for launching tokens.
    • Remember NFT aggregators are a thing.
    • Crypto bloodbath right now, huge movement into USD. BTC 32k.
    • UST lost a bit of its peg, as low as <70c.
    • Google cloud is starting a web3 internal team.
    • Desktop access.
      • On windows 11 -> settings -> apps -> add feature -> openssh server (the client is different). Installs to C:\Windows\System32\OpenSSH.
      • Start powershell as admin.
      • Start services and add to autostart.
        • Get-Service sshd | Set-Service -StartupType Automatic -PassThru | Start-Service
        • Get-Service ssh-agent | Set-Service -StartupType Automatic -PassThru | Start-Service
      • Open inbound firewall ssh port 22
        • New-NetFirewallRule -Name sshd -DisplayName ‘OpenSSH Server (sshd)’ -Enabled True -Direction Inbound -Protocol TCP -Action Allow -LocalPort 22
      • Generated a key, added. Still couldn’t access. Gave up. Think I’m still blocked by Win11 Home edition; no rdp, maybe no remote tcp as well.
    • Remember my fios router has DNS as well, of course.
    • Learn+Earn Platforms. Coinmarketcap has one. It’s currently running a BNB series. Basically: watch videos to learn about various BNB protocols, take quizzes, earn BNB coin. https://coinmarketcap.com/earn/project/how-to-web3-on-bnb-chain
    • Shopify is an ecommerce platform.
      • They provide the payment services, the shipping services, the website building services, etc. Go to them if you have a site and product you want to launch.
      • They offer APIs, much more.
      • There are many third-party extensions, or shopify apps, that can augment your online store. Could be analytics, SEO boosters, coupon programs, recommendation engines, etc. Anything a merchant might need. A plugin marketplace for online businesses built on shopify.
      • Shopify controls the data flowing through all these apps. They control the api, security, permissions, etc.
      • These plugins usually have a subscription model. Shopify itself has a few revenue streams, the primary being transaction fees?
      • Their mcap is 45B.
  • Monday

    • Eth private network. Understood geth very deeply. Clef/bootnode/2miners/cliquePoA.
    • Updated my aptos devnet node to chain_id 13.

  • Monday

    • Yuga Labs (BAYC) had the Otherside release on saturday.
      • Metaverse game. People bought plots of land. They’re NFTs called Otherdeeds.
      • 55k available.
      • They raised $320M.
      • Even disrupted the eth network for a bit. Gas skyrocketed.
      • They were purchased with ApeCoin, for about $5800 apiece.
    • The composite rate for I bonds issued from May 2022 through October 2022 is 9.62 percent. https://www.treasurydirect.gov/indiv/research/indepth/ibonds/res_ibonds_iratesandterms.htm.
    • Positioned tsla, btc, amt reit, eqix reit.
    • Zoom doesn’t allow “Call Me” by default, only computer audio and “Call In”. The host has to enable the “Call Me” addon.
    • Solana transaction submission is weird, since no mempool? You basically spam the leader. This causes problems, like yesterday’s mainnet outage.
    • Banks actually lend to each other every day. They move liquidity around. There’s a nightly balance minimum that is enforced on each bank, so they share. When the fed raises interest, they just increase the rate for bank-to-bank lending. Which then cascades through everything else, like mortgages, asset-backed loans, savings accounts, CDs, etc.