Trevor

@treboryatska

128 Following

136 Followers

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Let's see if I can do this before my kids and wife get out of the grocery store

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Ok ten minutes in...bridging to Base using hop on mobile.

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And your cb wallet needs eth (or is any coin acceptable) on base

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Solana is a culture that is fighting for survival rn

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Listened to the justin anatoly convo. Amazing to hear two well articulated visions for our industry. Both args have merit. On the argument re/network effects. I just so happened to be reading Berkshire Hathaway's 1983 annual letter, & Buffet agrees w/@justindrake

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One thing to always remember in this space. We are building new financial primitives. Don't expect it to be easy to build better monetary systems than the legacy tech. Monetary systems are founded on risk. Risk isn't smthing we do well in this space. To find the winners, look for those managing risk appropriately.

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Generating client side proofs will be a whole new paradigm for wallet providers

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I've been to many crypto events/conferences and never experienced it. If you find something cool, pls share here.

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Is catastrophe risk, or the risk of ruin, higher in sovereign rollups than Ethereum smart contract rollups?

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Using Base as an example for OP ecosystem, there is ~$1.6BB in funds locked in the bridge contract. Base has brought in tremendous revenue past 90 days. They can afford some level of smart contract insurance to mitigate impact of a bridge exploit. Should users demand it? https://defillama.com/chain/Base

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I think the recent push to build on top of Bitcoin is a pure money grab. If you are a builder that loves Bitcoin, why try to make it compete with smart contract chains, which have a 10 year headstart? Just lean into your value prop.

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https://drive.google.com/file/d/1-9haUg4r1Eqw3FSkzHQALdY4k6RB22si/edit

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ENS is the GOAT non-financial smart contract protocol

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Imagine contributing to an open protocol with >200 mo runway, & real product generating earnings ~2x mo cash burn. Imgn this project solves real wrld probs & provides crypto native utility. Imgn this project has >$60MM in retained earnings in the last two years. Imgn this project has an endowment w/ >$100MM for future.

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Free txs if user verified. If I have a world ID, I'm sending my assets to the L2. But, friction is still massive to find an orb. Most activity is speculators chasing drops/APY/memes rn. They won't seek an orb, and likely don't care about free gas--jus cheap gas. But real use cases, like social will be interesting.

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$ETH liquid restaking causing validator queue to lengthen? This is a problem for single slot finality. Maybe negative rates are needed?

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Just build. And hire a really good legal team. And probably a good gov affairs team.

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The FLP impossibility result tells us, no matter how smart you little nuggets are, there will never be a consensus protocol that satisfies both liveness and consistency in the asynchronous setting.

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