Thanh Nguyen
@nvthnh
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Contributor at @risechain | Introvert | Opinions are my own
Joined December 2023
Lighter continuing to be the best execution venue but hyperliquid is still well, the most liquid. Shows how much fee structure matters Nado is starting to come out and compete too - one to watch
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No gas fees on RISE To deliver a Web2-like user experience, RISE Wallet enables gasless transactions by default. For users, transactions on RISE flagship apps are automatically sponsored. For builders, just integrate the SDK to offer gasless UX from day one.
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🚀 RISE Wallet is LIVE - the first wallet that finally feels like magic. One-click everything, zero gas fees, no seed phrases, instant onchain. We obsessed over every millisecond so you don’t have to. This is what 100% focus on UX & performance looks like. Under the hood we’re
Wallet UX is still stuck in 2017 We’re introducing RISE Wallet: a whole new experience for users and builders. - No gas fees - No seed phrase - No extension - No sign popups The best of Web2 UX, now fully onchain. With gasless transactions, passkeys and sessions keys.
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if you’re still using Hyperliquid, switch immediately Lighter, Paradex & Extended have better prices and they’re all Ethereum L2s. @RISEx_trade soon
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Orderbooks have to be a primitive Why have speed if you don’t build in primitives that leverage it
Composability without atomicity is a meme. If your perp liquidation and your hedge trade can reorder or one can fail while the other succeeds, you’re still gambling on MEV. Atomicity is the new liquidity. Chains that can’t guarantee your multi-action transaction settles
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Composability without atomicity is a meme. If your perp liquidation and your hedge trade can reorder or one can fail while the other succeeds, you’re still gambling on MEV. Atomicity is the new liquidity. Chains that can’t guarantee your multi-action transaction settles
@MrPkar It's the tough problem, right? But I think worth the attempt. I'm biased, I believe in this, and that's why @RISEx_trade is fully onchain on top of @risechain. Why this matters for users? - Your spot account is just your EOA, you don't need to bridge it to another VM. You can
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Composability without atomicity is a meme. If your perp liquidation and your hedge trade can reorder or one can fail while the other succeeds, you’re still gambling on MEV. Atomicity is the new liquidity. Chains that can’t guarantee your multi-action transaction settles
@MrPkar It's the tough problem, right? But I think worth the attempt. I'm biased, I believe in this, and that's why @RISEx_trade is fully onchain on top of @risechain. Why this matters for users? - Your spot account is just your EOA, you don't need to bridge it to another VM. You can
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To the moon
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The "one killer app" thesis is underrated. Ethereum had Uniswap. Hyperliquid had HyperCore. Solana's revival = https://t.co/5XnMCJAhXy.
@risechain is building @RISEx_trade as its native killer app instead of outsourcing to third parties. Vertical integration > hoping someone
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2/2 SFI FOCIL for Heka ePBS solves relay centralization/trust issues. But 3 builders still control 80%+ of block production. FOCIL changes this fundamentally: even if those builders dominate, they can't censor if just 1 of 17 IL committee members includes your transaction. We
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1/2 FOCIL is deferred in Glamsterdam upgrade to keep scope manageble around eBPS. Fair point. But I think we need to have stronger commitment for Heka than CFI. FOCIL might not have strong impact in the short-term but if we do not make any credible commitment to censorship, it
Some context on why I think we need to credibly commit to FOCIL inclusion in H*. - FOCIL had support from both core devs and the community to be included in Glamsterdam - The only push back was fork scope/complexity, which ended up being the reason why people decided it would be
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Glamsterdam will be a scaling fork, with Block-level Access Lists as its main feature. BAL tests are now passing with the @Nethermind client 🎉 Huge kudos to @marchhill1 🙏
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Treating CT as the main battleground causes teams to burn a lot of marketing resources, attention, and energy inside an environment that is optimized for discourse rather than distribution. The problem with Crypto Twitter is the same as the problem with conferences Most of the
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MON is trading at $2.4B FDV, lower than its public sale. IMHO, being an L1 and competing against @ethereum on the E(thereum)VM narrative is already a disadvantage for @monad.
Monad has the worst tokenomics in crypto's history. It's as bad as previous cycles' extractive launches, except they hyped this TGE for many years before releasing it and assume you are stupid and learned nothing. Basically an insult.
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