The only exception: L2 native tokens with centralized mint/burn control, like USDC, that can reissue on L1 if the L2 fails.

An inconvenient truth about L2s: "You can always exit to L1" only applies to bridged assets with an L1 counterpart. If your token is minted natively on L2 (like most memecoins), there’s no L1 representation--no way out if the L2 goes down. L2-native assets are a hidden risk.

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Steve Jobs lectures web3 builders (2007)

One of my biggest regrets is not having thought to ask @shayne_coplan if I could get a personal angel allocation back in 2021, when we were chatting frequently for the $USDC integration. Shayne said @Polymarket was going to be a multi-billion-dollar enterprise. He was right. I

honestly, feels like it's the best time for ambitious devs to join op labs. they've proven doubters (like me before they shipped proofs) wrong over and over by out-executing everyone else despite early hiccups, and teaming up with @coinbase to ship @base was chef's kiss 😘🤌

takes like this show why it is really hard to fix san francisco because obviously everyone in sf can choose to live in sea cliff, the presidio, and pac heights, right? problem solved!

When you suggest a feature and all you hear back is "it’s already on our roadmap", what they really mean is "we don't care, stop talking." 9/10 times it’s not even on the roadmap or it’s in p999. If it actually mattered, they’d be digging in with questions to test their

i'm team @polymarket because i'm team crypto

This × 100. Ethereum’s revenue numbers would have remained high if blobs had not been implemented and the block gas limit had stayed low, but that would be very anti-user and anti-progress. REV is a flawed metric for chains. Instead of measuring the amount of value extracted,

Big thanks to the @katana crew for the killer swag drop. A sake set!! 🍶💛 Let’s resurrect the dead bags ⚔️

Don't miss out on parenthood. I guarantee you that no amount of "personal freedom" is worth more than the existential delight of embracing your offspring like this.

with all the noise in the space right now, you might have missed the biggest defi launch of the year. have some dormant liquidity? time to sharpen and hone it! pre-deposits earn loot krates, with the mainnet launch happening very soon. ⚔️

I think about this a lot

(btw, native canonical bridging is more like "wrapping" and many don't consider it to be taxable)

Interop solutions that rely on cross-chain swaps have one huge drawback, especially in the U.S., that no one talks about—tax implications. You could accidentally realize capital gains when swapping tokens from chain A to chain B, and that's taxable.

A thread on the Gnosis Mafia and how @koeppelmann @StefanDGeorge and @tw_tter have shaped and impacted the Ethereum ecosystem like few others. 🧵👇

I don't agree with everything @MaxResnick1 says, but onchain value that once flowed to a decentralized network of nodes around the world that made Ethereum credibly neutral is now largely captured by a few centralized corporations on AWS. Even as an L2 maxi, something feels off.