While going through old family photos this week, I came across one that felt especially meaningful to share for the 4th of July. My grandpa, of blessed memory, arrived in this country in 1947 at the age of 17 — a refugee, a Holocaust survivor, penniless, alone, and unable to

Stablecoin issuance is an incredible business model — you get to keep the float. In contrast, other layers have murkier economics. You're building on permissionless, cheap, open-source rails, which limits monetization. As the Circle hype inspires more companies to adopt.

So many new stablecoins means more stablecoin fragmentation. One of the benefits of the USDT/USDC duopoly initially was that it wasn’t hard for folks to support both integrations. Now, as a company, you need to think about supporting many more stablecoins. Competing stablecoin.

Why is Solana prioritizing RWAs when memecoins drove much of its comeback?. Solana Faces Two Key Risks:.🔵As applications evolve into super apps and consolidate user ownership, they’ll increasingly ask: “Why are we leaking fees to Solana? Shouldn’t we control our own blockspace?”.

"internet capital markets" is a great rebrand.

note: i'm asking about financial repos (repurchase agreements).

Who is building onchain repos?.

We are seeing speed become a priority. Lower latency is necessary to rebuild Ethereum's network effects. There is so much low-hanging fruit in the networking part of the Ethereum stack. Exciting to see folks reapproach the problem.

There appears to be growing demand for Ethereum spot ETFs. While total AUM in dollar terms remain below their all-time highs, they are steadily climbing. Interestingly, when measured in ETH rather than USD, the total onchain holdings of spot Ethereum ETFs have reached a new

The big crypto quantum Q:. Will the quantum threat and opportunity be taken advantage of by vaporware memetic peddlers with quantum coins that round-trip price and relevance?. Or. Will real companies rise to the top and dominate?.

Preconfs are arguably dangerous. In their current design, preconf marketplaces may lead to the centralization of the blockspace market, which introduces a structural risk to Ethereum’s value flow and further erodes its ability to capture value. This dynamic resembles how.

We care about speed because it is the only way to rebuild Ethereum’s network effects. To understand the intuition see 👇.

If you are wondering why this matters….

I love that making Ethereum faster is becoming a priority. Going from 12 to 6 secs is a good start. We should get more aggressive and keep cutting times until we’re forced to make unacceptable trade-offs. Then, we should rethink the problem, figure out how to avoid making.

There are more and more voices in the make Ethereum faster camp. It is the only way to rebuild the network effects that Ethereum is leaking.

RT @kinaumov: Ethereum has, for years, been actively helping disintermediate itself. In the long run, that can erode any value capture and….

aligned! . reducing latency is needed to rebuild ethereum’s network effects.

ethereum’s network effects are under attack. lowering latency (quicker finality and faster slots) are needed fix the problem.

we need to be more aggressive. we should go sub-second.