WebOfTrust

@weboftrust

1712 Following

29847 Followers

WebOfTrust pfp

to folks attending farcon. Is there anyone building an OSS Farcaster client?

0 reply

0 recast

1 reaction

WebOfTrust pfp

pure gut feeling and recent EU policy changes echo my opinion. aztec has built something i see myself using quite frequently but most gov and policymakers will try to fight against it. They won't support pure anonymity, even cex will face regulation scrutiny if they continue to support aztec, look at how many cex are supporting XRM. A wrapper will continue to provide users with privacy but not anonymity.

0 reply

0 recast

1 reaction

WebOfTrust pfp

I have mentioned /aztec on many occasions and now they are closing in on mainnet I do believe they will gate onboarding with some form of identity verification. A couple of existing tools that could be used 1) On chain KYC attestation, such as Kraken verify - already around 10K verified addresses https://inkonchain.com/verify 2) Direct deposit from a regulated exchange 3) Direct fiat onboarding via bank/cc - give a fee rebate to users 4) Throttle but allow the address already connected to CEX 5) existing on-chain KYC/POH platform like ZKpassport https://zkpassport.id/ Privacy and OSS are major pillars of Ethereum, and I am rooting for aztec

2 replies

1 recast

3 reactions

WebOfTrust pfp

We're already one month into this experiment, and you can see the updated leaderboard, which shows whose prediction has been right so far. and to make a fool of myself, I understood the point distribution system quite and could not make the changes on changes on time. I am still postive but I wanted to sort even more. Unless a black swan event happens, those predicted TVL gains by others are inflated by margin of 2-3X. https://opleaderboard.com/

0 reply

0 recast

1 reaction

WebOfTrust pfp

I am in group chat with those 37 farcaster users and I am happy to announce that I own half of those funded warplet. You folks can thank me later.

0 reply

0 recast

0 reaction

WebOfTrust pfp

Your concern is justified but as of now we just have to trust Dan. I imagine once it's possible to extract the seed phrases, we will technically own the wallet and do some opsec to protect it. Haven't done the tipping yet but saw some cast flying around. Might test it later this week.

0 reply

0 recast

1 reaction

WebOfTrust pfp

0 reply

0 recast

1 reaction

WebOfTrust pfp

After holding it for a long time, I finally caved in and tried the warplet. 1) open wallet 2) choose a pair 3) swap 4) done No need for unnecessary approvals. Would recommend 10/10

1 reply

0 recast

2 reactions

WebOfTrust pfp

If all the unnecessary drama was not enough, they didn't release a csv file of all eligible addresses. Why do projects hesitate to do it?

0 reply

0 recast

3 reactions

WebOfTrust pfp

Usually it's just cross post

0 reply

0 recast

1 reaction

WebOfTrust pfp

Satoshi wrote the Bitcoin white paper a decade ago. Next is Vitalik with smart contract Curve, uni and Aave continue to inspire and lead DeFi. Back to today and we are promoting pimping. What the fk happened to us.

0 reply

0 recast

1 reaction

WebOfTrust pfp

Just noticed that this was launched from the official Base account. Are they hacked, intern gone wild or some kind of late April fools joke. Aren't they supposed to be above the dirt, set a standard, innovative and bring something which is not pump fun fork

0 reply

0 recast

4 reactions

WebOfTrust pfp

Not sure why the base is promoting meme creation.... A recipe for drugs on cocaine

0 reply

0 recast

1 reaction

WebOfTrust pfp

Share a project you're excited about.

0 reply

0 recast

1 reaction

WebOfTrust pfp

Pump fun is a meme launch project Raydium is turning into a meme launch platform Zora turned into one and surprisingly got support of Base TGE on megaETH is a launch platform we got curve, aave, uni and llamaswap in the last cycle and now we are doing innovation in the form of casinos.

1 reply

0 recast

6 reactions

WebOfTrust pfp

-80% in less than 24. MCap down from 6B to 1B This was supposed to be the best RWA project, remember the name of anyone who shilled you OM

1 reply

1 recast

13 reactions

WebOfTrust pfp

It hurts to see a token vaporizing 3Billion in less than 15 min, insiders mostly come out winning while normies and their followers left bag holding. It was Luna last cycle, OM turning into luna of this cycle unless someone exploited the project and sadly there are many more projects in this cycle with Billions in valuation on vapour projects.

0 reply

0 recast

2 reactions

WebOfTrust pfp

I am confident that the current L2, also considering MegaETH, is ready to take the next set of users, we don't need 5-20X innovation on the L2 side. What I feel is needed is wallet experience like Phantom, one approval to swap a token and only one to un/stake. Make it simple and stupid.

0 reply

0 recast

2 reactions

WebOfTrust pfp

I miss Aztec, apart from BTC, this was the second project I used thoroughly. My expectation remains the same from them, offering private transactions and defi Their interactive roadmap https://aztec.network/aztec-roadmap

0 reply

0 recast

2 reactions

WebOfTrust pfp

Announce tariff, market dumps, pause tariff, instant V recovery. Declare himself the greatest president of all time. Living in simulation

0 reply

0 recast

1 reaction