yuga.eth

@yuga

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50790 Followers

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Co-sponsors: AWS, Coinbase, and the Estate of Henry Kissinger.

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Some pictures from the Trilateral Commission Global Meeting in DC.

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The Elon hard pivot against tariffs is going to hit so different

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https://openai.com/index/new-tools-for-building-agents/

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The Crypto X AI narrative isn't just hype, it's very real. Coinbase's AgentKit is a day 0 customer of the Agents SDK, as announced in OpenAI's blog post today. Implementing onchain agentic actions is now trivial using the OpenAI AgentKit package.

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Today marks my 4 year anniversary at Coinbase! Proud of what we've built during that time: - Support for many Ethereum upgrades, including London, The Merge, and more - Prime Onchain Wallet - Embedded Wallets - All @CoinbaseDev APIs - AgentKit And the best is yet to come. 💪

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My team at @coinbase is hiring developers to help lead the world's transition onchain. Qualifications: - Excited about crypto through bull and bear markets - Both FE / BE experience - Stoked about top-tier DevX - Generally based Apply below! https://www.coinbase.com/careers/positions/5961013

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93歳の祖母作の短歌淀みなく刻は静かに流れゆき若い私があんな遠くに

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The SEC is planning on withdrawing their litigation against Coinbase. It's time to accelerate the world's transition onchain.

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Wikipedia is no longer a legitimate source of open information. This is an opportunity for crypto. All knowledge should be onchain.

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Political appointees and people influential in meatspace posting on the Purple App…. It’s finally happening! Congrats to @dwr.eth @v and team. Significance of this should not be understated.

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Ethereum will lose if this is its ethos. That’s an observation, not a judgment. Any project which centers communism eventually self-immolates. Ethereum’s survival requires either Vitalik to change his mind, or a new leader to replace him.

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Second, Ethereum places the builder above the user; it should be the opposite. There is a lot of great optimism and support for builders on e.g. the OP Stack, but not enough discernment about what type of building will lead to happy users. Grant issuers should be more opinionated about their rewarding process to optimize for more and happier end users, rather than simply creating a “builder-first” culture. Last, Ethereum needs to lean into financial use cases. DeFi is the most important sector of Ethereum, full stop, and I think 90%+ of apps should be focused on this use case. Building the future of the global financial system is a tall order in and of itself, and it will not succeed if the efforts are dispersed across too many initiatives. I fell in love with Ethereum because of its culture of decentralization. While I think this is also why Ethereum will win, the community needs to be realistic of the limits of a decentralized culture, and sharpen its focus to deliver financial value to end users.

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3. Cultural - Much has been said about the EF, Vitalik, the lack of marketing for Ethereum, etc. - but I want to pinpoint the exact issues as I see them. First, I think Ethereum prioritizes research & development for its own sake too much, rather than as a means for helping users. This means that protocol engineers need to focus their work not just on the latest ZK tooling or gas optimizations, but on tooling that will make the benefits of these available to users *immediately*. It also means communicating these advances in plain language, without jargon, to make both app builders and end users excited about these changes.

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I think there are 3 dimensions to understanding Ethereum’s struggles: regulatory, technical, and cultural. I believe the most critical to solve are the cultural issues. 1. Regulatory - Ambiguous status of ETH as commodity vs. security. With the new political landscape, this is no longer an issue, and builders should feel comfortable using Ethereum as the base layer from a legal perspective . ✅ 2. Technical - fragmentation from rollup centric roadmap; infinite state bloat, etc etc. I’m actually not too worried about this. Teams like @base have some of the smartest people in the world working on interop, scalability, and related issues. To the extent there are existential technical problems, they are actually an outgrowth of the underlying cultural ones. ➡️

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Coinbase Developer Platform metrics up and to the right Ignore price. Keep building.

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I’m bigly a Podcast guy. Odd Lots, Forward Guidance, Monetary Matters, Macro Monday, Trade Guys.

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