lightclients

brypto

I agree with Ted for the most part, esp for chain specific consumer.

HOWEVER, in crypto incentives can be aligned or broken based on how you take payments.

Imagine a decentralized iCloud infra was built on ethereum, so nodes are staked there. They take payments in usdc. It has pmf with lots of users.

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Each chain doesn’t need its own clone of iCloud, it’s better UX if all chains use the same one. Light clients enable this.

So a user can pay on Solana if they want to, and here is where we run into issues.

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Charging in stables creates a net sell pressure on the $SOL. So as iCloud makes money, it negatively impacts price of $SOL.

What’s much better is if you could pay in $SOL. This would provide a net buy pressure. So as iCloud extracts value, it increases the price of $SOL.

——

TLDR; be careful how you price things 

https://warpcast.com/ted/0xdc4a8697

Probably way off but...

Aim small miss small? https://media.tenor.com/8r4vZHUePP4AAAAC/patriot-the-patriot

Working on building zkTLS infra/products. A ruthless empiricist and meme connoisseur.

/opacity
/eulerlagrange