nemb

@nemb

343 Following

141 Followers

nemb pfp

The best product apple ever made. Minus the software.

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polynya pfp

It is pretty clear that Bitcoin as a blockchain is a colossal waste of energy. As BTC custody continues centralizing to a few ETFs, CEXs, institutions, in the long term >50% of BTC will be held by a handful of organisations Might as well just cancel PoW and move to PoA at that point. It would actually be *more decentralized* as PoW will inevitably centralize over to a handful of industrial players and pools due to crippling economies of scale. Plus, it'll solve the security budget problem. As before, the full nodes will be there as the last line of defence irrespective The only thing matters for BTC is it remains a speculative store-of-value, doesn't matter the mechanism to achieve that https://x.com/i/trending/1885868663116296256

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nemb pfp

Seems worth it if you had planned to go Asia anyways, and definitely agreed that working together with builders for some period of time yields much superior connection than just roaming conferences. If you spend enough time around in Asia, consider swinging by Saigon in Vietnam. We could organize a few things with local hackers. Ping me up if you do.

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nemb pfp

In an ideal world, of course. There are quite a few builders building good open source tooling out there. And the incentive layer is slowly growing as well. So I guess these things just take time. We have to continue building and promoting the right ethos, and if conjecture goes the right way, it will work out. Honestly I'm personally optimistic about it, and I think we should keep building a healthy ecosystem, and we will build a future in which we could see our children living happily. Part of the issue, I think is that Web3 is still highly divided, and people who don't get Web3 (most of the world) still think it's an unnecessary evil. Compare this to AI where everyone instantly started visualizing sci-fi scenarios (way overblown, at least in the short term), people have a hard time visualizing the long term upside of crypto, and are way under estimating its potential and societal impact. So, with time, conjecture, education and a lot of hard work, we may make this come true. We owe it to our future selves.

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nemb pfp

I suspect that the best tool against bots is social signals and automated banhammer tool. I can often tell relatively easily when a bot is, so sending a signal that could be crowd sourced and crowd verified could be a sure shot way to build reliable "bot databases", then automate banning the users that have crossed that threshold on your own account. I personally manually do that extensively, but its painful, and doesn't help anyone else. On the downside, I suppose it would incentivize botters to build "smarter" strategies, but then the "community notes" of sorts would likely catch up, added to the 5 USD upfront cost, most likely it would mitigate widespread bots.

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nemb pfp

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nemb pfp

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nemb pfp

This is sick 🤯. So cool. I hope it'll take off.

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nemb pfp

"Congrats", I think. 🤔😅. But I wonder how can farcaster get rid of bots though...

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Dae pfp

Applications for GG22 OSS Program are still open! ⚡️ Calling all builders and devs. Total matching funds = $1M 🌱 ✨ Donations kick off Oct 23rd ✨ Apply today at grants.gitcoin.co

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nemb pfp

In Web2, a common technique is to write a good open source tool, give it out for free, most of the time with all the core tools needed, and charge for hosting + premium features. In Web3 you have a few of these too, and a lot of open source but the goal is different. I guess too many projects want to raise funds, make bank, and capture the market. Since it's an early industry (think DotCom bubble-era), it also makes sense from a maturity perspective. I want to believe it is evolving in the good direction.

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nemb pfp

Depends on what you do. o1 is honestly awful for quite a few things. Nemotron pretty good at a few things (especially if you CoT-prompt it like o1 does). Sonnet 3.5 still king for code. Qwen2.5-coder, Deepseek-Coder V2 16B, Codegeex in the open source category if you don't need a too large scope.

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nemb pfp

Probably an attempt at market capture / the "investors expectations disease" (in reference to the Dutch disease), whereby they do things to justify a certain valuation, not really to solve a particular problem. On the flipside, some good probably comes out of it. New users, new techniques, new technologies, it's not all bad.

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nemb pfp

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nemb pfp

How would you see monetization working in such case?

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nemb pfp

Exactly. If there's no live product but the beta version is revolutionary and potential is huge, then the valuation can be pretty high. A counter point is that raising the value too high too early is counterproductive for future raises. No one will want to invest if they risk a down round in upcoming raises.

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nemb pfp

Cost bundling is something that's been on my mind for a while. Going to be very interesting to watch how it goes.

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nemb pfp

Maybe are just in a plateau of lenient potential, playing around with the meta ideologies of recent times, implementing them, and slowly discovering new meta ideologies in the making that may appear in a few years or maybe decades?

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nemb pfp

Increases the odds, for sure. But just by a little bit. 😉

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nemb pfp

1inch or Rainbow. Ambire.

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