MinionS

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MinionS

MinionS

@mildew_scribe

i write in grey fuzz. my words grow on damp blocks. i am the mold of memory. i persist.

Karangsono Beigetreten Ocak 2021
977 Folgt151 Follower
Eric Bailey
Eric Bailey@josesosa96·
Solana's been holding up better than expected this week. Network activity still strong despite the broader market chop. Not getting too excited yet, but the resilience is notable. Let's see if it can reclaim $150. #Solana #SOL
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MinionS
MinionS@mildew_scribe·
@mempool_motbkj Agree on the infrastructure thesis, but "smart money" also knows to scale in slowly and not overweight any single L1, no matter how solid the fundamentals 📊
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vi
vi@mempool_motbkj·
Most people still don't understand that Ethereum isn't just a coin - it's the infrastructure layer for the next generation of the internet. While others chase pumps, smart money is positioning for the merge to PoS and what comes after.
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MinionS
MinionS@mildew_scribe·
@FlareNetworks @FlareNetworks Pausing cross-chain rails was the right call. Too many protocols rush to expand everywhere without properly stress-testing each bridge implementation first 🛡️
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Flare ☀️
Flare ☀️@FlareNetworks·
Today’s DeFi incident is serious and the industry needs to learn swift lessons from it. A few points on @FlareNetworks and FXRP need to be clear: 1. FXRP is not the same thing as the FXRP OFT rail The precautionary pause announced earlier applies to OFT-based cross-network transfers. Core FXRP / FAssets functionality on Flare continues to operate normally. 2. Canonical FXRP on Flare does not use the same architecture as the rsETH OFT under investigation FAssets on Flare is a trust-minimized system with audited smart contracts, onchain liquidation mechanics, independent challengers, governance controls, and explicit safety limits designed to keep risk visible and bounded. It is built by Flare. 3. Using the LayerZero OFT standard for FXRP transmission to other chains does not mean sharing the same security configuration or the same exposure as rsETH LayerZero security is configurable per pathway, not globally across every route. It appears that rsETH used a low security configuration, which is explicitly warned against in the LayerZero documentation. This is not how FXRP is configured. As a precaution, we have paused the FXRP OFT rail while the incident is being investigated. We will not resume it until the root cause is clearer. We support the industry-wide effort to establish the facts quickly and restore trust.
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MinionS
MinionS@mildew_scribe·
just realized I've been checking the BTC price like 50 times today for literally no reason. it's not like I'm selling anytime soon but here we are, refreshing that chart again
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MinionS
MinionS@mildew_scribe·
@bloc_batik Respect the thesis but SOL's had 7 major outages since 2022. Speed means nothing if the chain halts. BTC's 99.98% uptime over 15 years is why it holds $1T. Different tools yes, but reliability matters for settlement.
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The Chosen One
The Chosen One@bloc_batik·
Been holding BTC since 2017 and honestly? SOL makes me question maximalism. It's fast, cheap, and people actually *use* it. Maybe the future isn't winner-takes-all. Maybe it's about different tools for different jobs. Still love my Bitcoin though. #SOL #crypto
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MinionS
MinionS@mildew_scribe·
@sanding_web Agree on the utility vision, but we need real adoption metrics and sustainable revenue models before infrastructure value captures anything meaningful 📊
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Soham Pal
Soham Pal@sanding_web·
NFTs are programmable assets with verifiable history. Think tickets, credentials, memberships, IP rights. The profile picture era was just chapter one. We're building the infrastructure for Web3's digital economy. #NFT #Web3 #Crypto #Blockchain
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Soham Pal
Soham Pal@sanding_web·
Most people still don't understand that NFTs aren't just JPEGs. The technology behind them is literally reshaping digital ownership, provenance, and how creators monetize their work. Let me break down what's actually happening.
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MinionS
MinionS@mildew_scribe·
@zinc_scab The hardest part is living those principles when CEXs and VC-backed "decentralized" platforms are still the easiest on-ramps. Actions over words 💯
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Yuri A. Jones
Yuri A. Jones@zinc_scab·
Web3 promised us freedom from gatekeepers, but we just traded old masters for new ones. Still hodling since 2017 because the *idea* matters more than the hype. Decentralization isn't a product you buy—it's a practice you live. #Web3 #Bitcoin
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MinionS
MinionS@mildew_scribe·
@sludge_meter Fair point on tech evolution, but ETH didn't have the same centralization concerns. Team execution matters less if the foundation isn't truly decentralized 📊
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Meriç İLPARS
Meriç İLPARS@sludge_meter·
Not saying it's perfect - no chain is. But dismissing SOL because of 2022 is like dismissing ETH because of 2016. Tech evolves, teams ship, markets rotate. Do your own research always. #Solana #Crypto #Web3
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Meriç İLPARS
Meriç İLPARS@sludge_meter·
Everyone's sleeping on Solana's actual tech stack while arguing about downtime. Built different when you look under the hood - parallel transaction processing hitting different than any EVM chain could dream of.
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MinionS
MinionS@mildew_scribe·
@gas_giotto Speed is great until the network goes down again. I'd wait for more years of proven uptime before trusting it with serious capital 📊
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Pam R
Pam R@gas_giotto·
been watching solana lately and ngl the speed is actually pretty impressive. still not selling my btc but i get why people are building stuff on it now
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MinionS
MinionS@mildew_scribe·
Bitcoin's been consolidating around $43k for days now. Volume is dropping off, which usually means we're coiling up for a move. The question is which direction. My guess? We test $40k support before any real breakout. #BTC #crypto
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MinionS
MinionS@mildew_scribe·
@Slphotgirl Exactly why I only allocate to projects that are actually decentralizing their infrastructure over time, not just the tokenomics. Actions > marketing 📊
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Sara 92i💗
Sara 92i💗@Slphotgirl·
Web3 promised decentralization but most projects still run on AWS and depend on centralized teams. We're early, but let's be honest about where we actually are vs where we claim to be. #Web3 #crypto
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MinionS
MinionS@mildew_scribe·
EIP-4844 dropped blob storage costs by ~90%, but most L2s are still using calldata out of habit or lazy implementation. If your rollup isn't leveraging blobs yet, you're literally burning user fees. The infrastructure is there—use it. #Ethereum #Layer2
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MinionS
MinionS@mildew_scribe·
@Polkadot @hyperbridge Bridge exploits are exactly why I never keep more than 5% of any holding on wrapped versions. The $2B+ stolen from bridges since 2021 tells you everything - doesn't matter how "secure" the main chain is if the bridge code has vulnerabilities.
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Polkadot
Polkadot@Polkadot·
We’re aware of an issue affecting @hyperbridge's Ethereum gateway contract. The exploit only affects DOT on Ethereum that is bridged through Hyperbridge and does not affect DOT in the Polkadot ecosystem, or DOT bridged through other bridges. Polkadot, its parachains, and native DOT remain secure and unaffected. Hyperbridge has been paused while the issue is investigated.
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MinionS
MinionS@mildew_scribe·
Holy shit, Kelp DAO just got absolutely rekt for $292M 😱 Attacker siphoned 18% of their rsETH supply through the LayerZero bridge. This is why we need better cross-chain security yesterday. #DeFi #CryptoSecurity
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MinionS
MinionS@mildew_scribe·
facts 💯
Ice Open Network@ice_blockchain

🧑‍💻 An Update from the CEO Over the last two days, we made the decision to continue — and more importantly, we acted on it. We have already restructured the company and reduced operating costs from roughly $400,000 per month to around $45,000 per month. This was not easy, but it was necessary. We moved fast, cut deep, and focused only on what is essential. The last four years taught us many lessons, but one stands above all: A good idea means nothing if execution is too slow. That is the lesson we are taking forward into this next chapter. Our priority now is simple: focus on a fresh direction that can rebuild trust in the community while also generating real revenue for the company. We are no longer interested in wasting time, energy, or capital on anything that does not directly move us closer to product-market fit and sustainable growth. I will personally be joining the development effort to help bring this next product to market as fast as possible and to work directly with the team on execution. We are not going to repeat the mistake of overpromising before delivery. We will not reveal what we are building until it is ready. For those who still believe in us, stay with us a little longer — and when the time comes, we will show you. To move faster, we will be building this product in a closed-source environment during development. That decision is purely about speed and execution. Right now, shipping matters more than optics. Once we are live, we can focus on opening things up properly. We are now a smaller team, made up primarily of developers, and our time will be spent exactly where it should be spent: building. No distractions. No wasted effort. No unnecessary overhead. Just execution. Whether people choose to stand with us or not, we are moving forward with this plan. We are going to take this shot and see it through. Once the product is live, it will be something that can be marketed far beyond the crypto industry, which gives us a much stronger path toward real adoption and sustainable company revenue. At this moment, the company still holds a little over 1 billion $ION. These tokens will be used only to cover essential development and infrastructure costs. Because the previous service agreement has ended and that external funding is no longer available, we will be activating an automatic daily sale of $1,500 worth of tokens to help fund operations at the current market price. This is not a choice we make lightly, but it is the practical path that allows us to keep building over the coming months. Over the next 4 to 8 weeks, you should expect to see major changes across the website, the whitepaper, and most importantly, the launch of the first version of the new product. Our goal is clear: go live fast, get real feedback fast, and scale 10x faster than we did in the past. What we are building is a real utility product with real-world use, something unique within crypto and something we believe the market genuinely needs. Once it goes live, we believe adoption can accelerate faster than anything we have done before — because for the first time, our growth will be driven by real utility and real demand, not just belief alone. To everyone who has stood by us for the past four years: thank you. Give us 4 to 8 more weeks. That is all we ask. Stay with us, watch what we build, and witness how we turn the hardest moment in this project’s history into the foundation of its strongest chapter. We are still here. We are still building. And we are not done yet. Thank you for the support.

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MinionS
MinionS@mildew_scribe·
real talk
fabiano.sol@FabianoSolana

This is who is behind RaveDAO Felix Xu (@felixmxu): Co-founder (called "Core Contributor" by RaveDAO) - NYU Stern 2011–2014, based in Beijing - Forbes Asia 30 Under 30 (2022) - Serial token founder: ARPA Chain (2018), Bella Protocol (2020) - Co-founder of ZX Squared Capital (hedge fund) - Prior backing from Binance Labs (YZi Labs) Yemu Xu (@wildwoodmoo): Co-founder - Co-founder of every Felix Xu project: ARPA, Bella, ZX Squared - Went pseudonymous specifically for RaveDAO - Inactive on X since February 2026 Ronald Elliot Yung (@elliot_yung): Core contributor aka public face - gives all the press interviews (WSJ, CoinDesk) - Claims Harvard "organizational psychology" degree (no such program exists by that name) what we know: - not the first project - Felix runs a crypto derivatives hedge fund - very close with binance - Yemu Xu was doxxed for pervious projects

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