Degen

I'm trying to quickly grasp the story using AI. 👀

Degen: I need an L3.
Conduit: I can handle it, boss.

Later…

Degen: What’s going on with the L3?
Conduit: Small issue. We updated without telling you, and… things broke.

Degen: Broke? How bad?
Conduit: 54-hour outage, transaction errors, and $160k in user losses.

Degen: What about our users? Our reputation?
Conduit: We’re not taking responsibility or upgrading the chain.

Degen: And my rollup keys?
Conduit: We’re holding onto them. If you sign a new contract, it'll release us from liability, and we'll still keep the keys.

Degen: This is unacceptable! The community is suffering, and you’re keeping our fees?
Conduit: Without the contract, we’ll use the fees to cover our costs.

Degen: And you deleted the data without a backup?
Conduit: Yep. You’ll have to rebuild from scratch.

Degen: This is outrageous. We’ll have to go public and start a new chain to compensate our users.
Conduit: Whatever. We don’t care.
Degen: What the…

Yikes not a great look. Will Conduit reply?

solidity & product. i interview crypto builders @ web3galaxybrain.com

I guess they won't. Their conflict has been brewing for a while, and Jacek only decided to give up on Conduit and start a new chain as a last resort.

Want to set the record straight on DEGEN:
- We have not received an address to transfer ownership of the rollup to. As soon as we do we’re ready to facilitate that transfer.
- There has been a signed contract in DEGEN’s inbox that was verbally agreed to since October 30th. We’re…

Andrew Huang ⚡️⛓️

They did.

https://x.com/KAndrewHuang/status/1854555705455595822?t=LkG2rAM8sG2-qFLyWHP3gA&s=19

They will respond during the next FC spike lul