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Fran

@0x99fran

174 Following
288 Followers


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Fran
@0x99fran
Im optimistic. Will have to see though whether aave turns into wells fargo or wells fargo turns into aave. I definitely have my preference there.
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Fran
@0x99fran
I think the entire trust stack is one layer lower since blockchain gets rid of the need for one layer of trusted intermediary. So like before you knew you had your money at the bank on the corner of main. Now you know you have your money on aave on ethereum. The “back end” software that no one cares about is also one layer deeper. The smart contract stuff underneath “aave on ethereum” is what gets abstracted away. The only way that changes i think is if you gets apps that are so bullet proof and trusted across chains that their brand is bigger than the underlying blockchains. Could happen, but i dont think i see anything in the running yet. (I know banks dont actually keep your money but lend it out, equivalent to a back end smart contract. But thats obscured to the average person. Alot of people naively think the money is just sitting at the bank.)
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Fran
@0x99fran
Thats because the backstop to you not losing your funds is not the software/service, but the bank. In contrast, crypto wallet providers aren’t stepping in to save your funds if shit happens. Which means the underlying security of the service/sw you are using matters. Banks live and die by their branding/reputation, so do blockchains and blockchain apps.
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Fran
@0x99fran
Took the opportunity with the spam cleanup to also cleanup my follows.
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Fran
@0x99fran
Chains are never going to be abstracted away. Chains hold assets and people want to know where their assets are. There are >4000 banks in the US. Yet you know which one has your money.
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Fran
@0x99fran
So now that warpcast has an integrated wallet, the path to the “everything” app has begun. Wen order burrito on app? Wen ratings for service providers?
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July
@july
Unreal https://x.com/mastronomers/status/1892264526126489985?s=46
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Fran
@0x99fran
Whats neat about this is you can read the example posts its using for each temperament. Its interesting
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Fran
@0x99fran
Id say for most people building up a clear strength would be more beneficial. Clear strengths are more valuable than a lack of obvious weaknesses. But once you have one or two clear strengths, focus on weaknesses as you can easily get blinded into thinking everything is a nail when your strength is a hammer.
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Fran
@0x99fran
A specialist is a person with a well honed strength. A generalist is a person with few outright weaknesses.
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Fran
@0x99fran
Minted. And i hope you can figure out cross posting to see more of your stuff on here
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Fran
@0x99fran
1. Wedge 2. Shoestring 3. Waffle 4. Sweet 5. Zigzag 6. Tots 7. Curly 8. Matchsticks
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Fran
@0x99fran
Ethereum’s vision is not the World “Computer” but the World Arbiter. A digital blind justice for the globe. Ethereum’s vision will be complete when nation states settle their disputes on it. When north korea and US write terms in immutable contracts on the blockchain. When citizens can escape local tyranny and censorship with nothing more than a phone and an internet connection and a willingness to become a global citizen of ethereum. “Computer” is not big enough, we dream bigger.
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Fran
@0x99fran
Is there a v4 pool for eth/usd that has dynamic swap fees based on volatility or price movement? Not obvious for me how to find this. Would love an infinite range lp that can charge high fees during unexpected price spikes but otherwise has little to no fee in low vol market.
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Fran
@0x99fran
Yep. Definitely more likes
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Fran
@0x99fran
Am i doing this right?
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Fran
@0x99fran
Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes Likes
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Fran
@0x99fran
Blockspace has gotten cheap but on chain mistakes have gotten more expensive.
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Fran
@0x99fran
Really enjoying the episodes. Keep them coming please!
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Fran
@0x99fran
Feel like with the drop in price, the amount of noise and just junk on here has dropped significantly. More posts worth responding to.
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