Matthew
@matthew
We need more apps. There are too many infra projects. No one understands the technical nuances. And the answer is… MY infra project that no one understands. Problem solved! https://x.com/dabit3/status/1917589833628713399?s=46
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Nader Dabit
@dabit3
we have a lot of apps already, including top apps on the app store, app founders like the founders of Reddit building with us, and real revenue (approaching $250M and it's not from ponzis or token launchpads), and the ecosystme is incredibly young and the DX isn't great yet (it will get 100x better by end of year) even with that, the main reason why we have grown so much at EigenLayer in terms of developers (fastest growing ecosystem in the world in 2024) is that they can just do whatever they want, build whatever they want, and don't have to deal with the restrictions of all of these blockchain vms.
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Matthew
@matthew
Ironically I agree with everything you said around 1000 chains and fighting over a tiny market. And I know I was being snarky but you've clearly built something developers want and I support that. My point was that you described a problem of lack of onchain apps, and a solution which is presumably Eigenlayer. And I just don't think the lack of infrastructure is the reason there are not more crypto apps.
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Nader Dabit
@dabit3
it’s not the lack of infrastructure, it’s the type of infrastructure being built. my point is that everyone is trying to build apps for the last 10 years using the same constraints, and companies keep building slightly different networks, using the exact same constraints, expecting something different. But there is new infrastructure that removes all of those constraints, and it’s just going to change everything. This isn’t just an EigenLayer shill, there are other products taking this or a similar approach as well. The reason we only have 50 services with apps live on manner, and are only approaching around $250 million in revenue for those apps and services is because the barrier to build is still pretty high. In one year it should be around 100X easier, and those numbers will be much higher. https://x.com/dabit3/status/1893037463116906607?s=46
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