gphummer.eth 🦇🔊
@gphummer
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Disintermediate the Leviathan @etherealize_io
San Francisco, CA
Joined August 2014
Thrilled to announce I’m part of @etherealize_io as the final cofounder! I’m also the first cofounder. Does that sound a bit confusing? Let me explain… ETHEREALIZE’S ORIGIN STORY I’ve been involved in Ethereum for a decade. I believe in it deeply - it’s the only real shot the
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Stablecoins took a big part away from Bitcoins use case. $ETH is the most undervalued asset in crypto with true business value in my view.
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Ethereum’s ecosystem is the most unified, most aggressive, and most vocal it has ever been. Been a pleasure working with James and his team—and the best is yet to come.
Ethereum is cooking.🧑🍳 🍳 - Protocol Advocacy Alliance self-organizing. - @Etherealize_io is out there building products. - zkVM proving times dropping rapidly. - Privacy projects going live on Ethereum - Orgs launching tokenized assets - Two more Ethereum community
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Cathie Wood cut her Bitcoin forecast by $300K “Stablecoins are usurping part of the role we thought Bitcoin would play.” who do you think will capture that value? Ethereum. Ethereum dominates stablecoins with 55% market share
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Ethereum L2s did 19,000 TPS in the last 24 hours
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🫠 BlobKit Builder Grants are live! We’re funding $50,000 paid in ETH for developers building on-blob using the BlobKit SDK. If you’re creating tools, apps, or infrastructure for blob transactions, we want to support you.
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Weekly stablecoin transfer volume on @ethereum is up by ~1,000% from May 2023. A trend that's worth paying attention to.
The momentum behind stablecoins, tokenized assets, and institutional DeFi is accelerating Over the next decade, these developments will rewrite settlement systems worldwide And Ethereum stands to gain the most from this shift
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With Ethereum's december upgrade to fusaka Base will be able to scale to 400-500 mgas by early 2026 Base at 10k-20k tps in a few months Wild Actually read the entire Base scaling post This is one of the best and most well funded engineering teams in crypto going ham to scale
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focus on fundamentals. ethereum has never been this healthy, strong & active. nobody can predict (or should) ultra short-term price movements. network activity, loans, stablecoin issuance, L2 activity, addresses, transaction activity, institutional demand are all at ATHs. eth.
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This is what success looks like. When ETH’s L1 is snarkified in a few years and doing tens of thousands of TPS, expect the Jevons Paradox to take over and drive substantial aggregate fee revenue as network effects attract all meaningful economic activity to Ethereum.
⚡️ NOW: Ethereum L1 transactions and active addresses hit all-time highs while gas fees remain near all-time lows, per Token Terminal.
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TOM LEE JUST BOUGHT $100M $ETH A fresh address just withdrew $113M of ETH from Bitgo. This matches existing Bitmine acquisition patterns. Bitmine is buying the dip.
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Ethereum is probably in a supercycle, similar to what happened to Wall Street in 1971 ETH could recover its ETH/BTC ratio, 2021 highs, that would put ETH at around $21K. Larry Fink, Robinhood, they want to tokenize everything on the blockchain, and they’re gonna build it on a
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tokenization will eat the entire financial system
🪶 @RobinhoodApp isn't just tokenizing stocks on @arbitrum... They’ve brought ETNs/ETFs, Commodities, and even US Treasuries onchain. Robinhood is bringing EVERYTHING onchain, 493 assets are just the start. Onwards.
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The Head of Dev Relations at the Solana Foundation spammed the Electric Capital repo with a PR to add 7,916 repos to the SOL devs count, incl. many dead repos & even Nethermind's repo. 😅 On the day the EF posted a chart showing Solana in 2nd place. Their pride was hurt.
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always fade CT, it's a lagging indicator in everything Ethereum Foundation hate is at peak just when actual Ethereum Foundation has become massively more effective....
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I really appreciate both @sandeepnailwal's personal contributions and @0xPolygon's immensely valuable role in the ethereum ecosystem. To recap: * Polygon hosts @Polymarket, which is probably the single most successful example of a "not just boring finance" app that has actually
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This would have been a valid critique in 2024, when the foundation had big issues with its compensation to key personnel and other misalignments with the broader ETH community. Many of these issues were solved early this year with the appointment of Tomasz and the EF's
the lead engineer for Ethereum is paid $105k a year, pre-tax, with no benefits, no raises, and no incentives ethereum has a market cap of $480b and the foundation recently sold $43m of $eth where is the money going?
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🚨 Tom Lee just told Ark Invest’s Cathie Wood why $ETH will flip $BTC
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