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Kristi Klaudy

@klaudy

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274 Followers


Kristi Klaudy pfp
Kristi Klaudy
@klaudy
@yanowitz completely agree with your take about conferences. I'm quite sure that most of the side events would fit into the main conference building. It would make it easier to hop from one to another and meet more people. We need to defragment it!
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Kristi Klaudy
@klaudy
I am glad that I am not the only one terrified by sharks. I can handle spiders, snakes... whatever. But if I saw a shark, I would be dead in a second. I never feel good in open water...
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Kristi Klaudy
@klaudy
"Too much infra, too little apps!" is the core narrative rn. Apps are crucial, but we still haven't solved issues like: Move value from fiat-> onchain-> app on any chain without forcing the user to know on which chain the app is. If you're an infra builder, please keep it up! We need you!
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Kristi Klaudy
@klaudy
Considering that Reth should be more performant, and the exec extensions will have quicker access to the chain's state, the extensions should also be much more efficient and performant.
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Kristi Klaudy
@klaudy
Ethereum got another exec client! This one is on steroids! But that's not all! Can't wait to see the first execution extensions live! = these are apps built inside of Reth to have first-hand access to info about state and reorgs. Especially useful for oracles, indexers or explorers. https://x.com/gakonst/status/1805920383390154845
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Kristi Klaudy
@klaudy
Have been diving deeper into EigenLayer and while doing so, I have come across two new realizations:
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Kristi Klaudy
@klaudy
I think that ZkSync did an amazing job with the airdrop. - 67% goes to community - the airdrop allocation design was based on thinking of the long-term behavior of an average real user - no further games with points I would find it very hard to complain.
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Kristi Klaudy
@klaudy
Yes, I completely agree there! That was also the point of the cast - optimizing for social slashing is not the best idea. But when you take in to account that e.g. NATO decide to take Ethereum down, $1T won't stop them. The question is whether this is the case in which relying on social slashing is reasonable.
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Kristi Klaudy
@klaudy
That's a such a good point. I think that this is where it might get tricky when it comes to designing, what is the acceptable/large enough amount of economic security. Or whether it even make sense to trying to fight with such scenario with economic security. Afterall, there is limited amount of wealth in the world.
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Kristi Klaudy
@klaudy
I agree with Justin that economic security is not a meme. Here is why: Social slashing requires coordination. Any coordination is slow and messy. Economic security is a preventive measure that reduces the motivation to conduct an attack in the first place. https://x.com/BanklessHQ/status/1797618795634098305
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Kristi Klaudy
@klaudy
Welcome back, Anthony! We were waiting for this cast! Well deserved victory!
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Kristi Klaudy
@klaudy
Yeah, the monetization idea was a bit surreal. I am really curious whether it will be a thing.
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Kristi Klaudy
@klaudy
One of the things that was mentioned during the episode was the difference between web 2.5 games and onchain games: - web 2.5 - you own the asset no matter what. Even if it doesn't make sense from the game's logic - onchain - if someone robs you in the game, you don't own the asset anymore. Brutal, but more logical
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Kristi Klaudy
@klaudy
Right?! I really like games, but I wasn't particularly stoked about the "web3" games we have right now. But I am very stoked about this concept. Mainly because it actually can go beyond gaming. I don't have a clear picture of how it would look like in my head, but just the notion is so cool.
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Kristi Klaudy
@klaudy
I have to say that the Autonomous Worlds ep was mind-broadening. Here are some of the thoughts that stuck with me: 1) Math creates another universe, and computers turn it into multiplayer with interobjective reality. 2) Autonomous Worlds builds on this concept to push blockchains beyond read, write, and own.
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Kristi Klaudy
@klaudy
One of crypto's superpowers is that teams like Eigenlayer listen to people and are willing to adjust plans based on the feedback But I really hope that the lesson we'll take from this won't be that bullying great teams pays off Any disagreement can be expressed in a constructive way imo.
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Kristi Klaudy
@klaudy
On the non-transferability note, I think that they just want to give people time to learn about the mechanism. If you allow trading from get-go, just a few people will care about what the token does. However, if you unlock options one by one, people has less things to decide about. Staking->delegating->trading...
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Kristi Klaudy
@klaudy
Completely agree. I am actually not really surprised by their decisions and I think that most of them were correct.
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Kristi Klaudy
@klaudy
Sure, I think that it is correct and EigenLayer team also mentioned that. What I view as innovative is the combination of EigenLayer and Ethereum consensus and leveraging that for securing services where slashing cannot be really done just based on the parametrs specified in the code.
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Kristi Klaudy
@klaudy
That's really great to hear. It always makes me a bit sad to see how people rally together to hate on good projects just because they expected a higher allocation of free money. Even more disappointing is when people actually even don't notice what the token can do and what the project wants to build.
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