0xprincess
@0x9212ce55
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mev extracting unicorn | founder @nuconstruct
Joined April 2019
lmao twitter has duplicated my original post for some reason. Quoting my follow-up from a duplicate under this one since it got more impressions.
Such a product is definitely net positive for the ecosystem, it just shouldn't be described as some sort of magic airdrop money printer, because most users won't be able to see through it. There's a similar thing with CowSwap on Ethereum, where the difference between the result.
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Such a product is definitely net positive for the ecosystem, it just shouldn't be described as some sort of magic airdrop money printer, because most users won't be able to see through it. There's a similar thing with CowSwap on Ethereum, where the difference between the result.
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It's always strange to me to hear that someone's calling arbitrage kickbacks an "earn" or "rewards". This is not additional money, it's a fractional return of the loss you just took by deciding to trade on chain. This is solved with a PMM DEX model - you'll just get better trades.
users and apps should be able to earn the rewards that their transactions create. with this, they now can. before, they were cut out of the process. there's a lot of misinformation that goes on with this stuff, generally due to dishonesty or just a lack of understanding. but this.
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Hope you won't miss it! I genuinely enjoyed it, didn't have such a thoughtful conversation for a long time. Ethereum is all you need.
Ethereum is all you need . New Deeply Intents podcast featuring @0x9212ce55 coming tomorrow.
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Blockchains lost to Web2 right after adopting Centralized Sequencers. Since then, Web3 can no longer be gatekept as a cypherpunk asylum and will be overtaken by old school devs who've been perfecting their centralized dark magic for half a century.
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update: every web2 app will move to its own EVM L1.
every crypto app will move to its own chain . just like how every web2 app runs their own servers, their own app store, and their own payments processor.
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It's definitely an interesting path to take, but history shows that paradigms that should technically yield more performance often failing to achive adoption due to an additional complexity. For example, async execution in TON (though it's very different from Monad's but is also.
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I think the main reason why most blockchains have not adopted async execution is simple: when users see that their tx is confirmed, they expect the result to be available as their further actions depend on it. While with deferred execution it's possible to locally simulate the.
Doing some writing today about asynchronous execution (aka deferred execution). This is one of the "big ideas" of Monad that will seem obvious in hindsight: that as soon as transaction order is determined, state is determined. You might not know this, but in most blockchains.
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RT @mteamisloading: Super excited to launch our first mainnet product! DA Builder is a core piece of our vision for a based Ethereum with p….
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If operating some chain is an expense and not profitable business, the chain is ngmi.
I don't think people understand how expensive it is to operate a proper chain lol.
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If TC is an unlicensed money transmitting business, does it mean that ETH is money?.
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I'm actually surprised nobody has done it already. It should be possible with the RFQ model and it's kinda easy to implement for solver-based bridges imo. Uniswap also has an edge here but for some reason this is not an option in their UI even though they use RFQ most of the time.
How do you send *exactly* 1000 USDC to an address on chain B if your assets are on chain A?. Bridging takes an unpredictable cut, so you have to send more than 1000. And you'll end up with dust left over on chain B.
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As Ethereum is turning 10 years old, I can't stop thinking about how precisely its release was timed to be able to take advantage of a narrow opportunity window - late enough to be understood, early enough to survive hardening regulations and increasing institutional pressure.
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POV: Your transaction has been picked up in the public mempool.
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Steam is doing mass bans because of the pressure from tradfi payment providers, yet there are absolutely zero mentions of it in my crypto bubble. Are you guys even paying attention???
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>apps and infrastructure that empower people instead of MEV bots. I wrote a thread on it a long time ago, but still don't understand how this problem is being effectively addressed. For the overwhelming majority of the population, identity (especially some obscure blockchain ID).
2/ World is building the first human-centered blockchain. Their flagship World ID protocol uses ZK to verify proof of humanness on @World_Chain_, creating a foundation for apps and infrastructure that empower people instead of MEV bots.
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A great article on Based Rollups. I love its focus on the abstraction from underlying implementations and think it's very important as it clears out common misconceptions. I feel like we're re-entering the era of active design explorations and I couldn't be more excited!.
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It's easy to understand why maximalism is stupid if you're at least a little bit technical. "I want all the planes to be Boeing 747 bc it's big and cool, Cessnas don't have a chance."."I want everyone to drive Toyotas bc they're reliable and affordable"."e=mc2 is the only winning.
being close minded about other blockchains isn't being "faithful" or "loyal" it's maximalism and it's stupid.
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This is an interesting topic to think about. Imo, L2s are definitely taking advantage over L1 and I wrote a lot about it previously. But at the same time, it's what makes Ethereum so attractive to large fintech players. In my book, being taken advantage of is not something to.
the ethereum roadmap after capitulating to the idea that L2s are parasitic and then discovering, moments later, that robinhood and stripe are launching… L2s
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Btw, if you're traveling with an Android phone with no eSIM functionality, I'd like to show you this piece of Chinese craftsmanship. No vendor lock-in, eSIM profiles controlled with an open-source app. And it works really well, 5G too.
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