ZxStim

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ZxStim

ZxStim

@zxstim

build @unitmetalHQ | 🇻🇳 advocate https://t.co/doK7vzJUDK https://t.co/5fU9o7FLVI | contrib @Bifrost | https://t.co/Q2pvJ4HVWD | not sponsored by @ethereum

evm Beigetreten Nisan 2013
797 Folgt1.8K Follower
Angehefteter Tweet
ZxStim
ZxStim@zxstim·
for the last couple years, there were very little ethereum centric activities in vietnam. alt L1s invested many millions into their local propaganda machines, spreading lies, gaslighting people about their capabilities, undermining ethereum and its eco. so i'm launching @eth34vn, a community initiative aiming to protect ethereum core values and ecosystem in vietnam. 3 main purposes: > educate everyone about ethereum and its ecosystem > help vietnamese builders, students, ethereum holders, etc. > push for ethereum and L2 eterprise adoption in vietnam i have a small starting budget of what's left from the EF grant for Road to Devcon from last year. but, to keep operating cost as low as possible, i will be primarily running this initiative via social media contents and videos; no expensive events, no expensive uni tours. however, i will be looking to fundraise more via donations, grants and any aligned paid engagements so i can invest more into contents, equipment and helpers. thought extensively on a biz model and i know that i can't rely on grants exclusively to make sure the initiative becoming sustainable. more updates coming soon on the website. ethereum will win ⟠
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David Zhang (▲)
David Zhang (▲)@dazhengzhang·
In case anyone is in HCMC Vietnam on April 1st, I’m hosting the next Cursor event! This time it’s the first Cafe Cursor in HCMC Register before spots fill up luma.com/3kajfemy
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ZxStim
ZxStim@zxstim·
@Vcrar_ @LocalPayAsia > I find lots of apps claiming they can do this tend to have short life span or poor reliability at small scale, it's ok. over time, they tend to degrade. but it might get better coming up. i will keep watch
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earl from cluckin bell
@zxstim nice article, a correction to Crypto Payments section: you can totally with pay with USDT via QR code which at the point of sale converts to VDN. @LocalPayAsia is the way to go.
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ZxStim
ZxStim@zxstim·
@rileybeans_ sorry that you feel that way 🥲 there are small grassroot meetups in ho chi minh as i am there to nudge them everywhere else is kinda meh
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rileybeans 💖
rileybeans 💖@rileybeans_·
@zxstim all of this is accurate and why I have absolutely no interest in crypto events or education while staying in Vietnam
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ZxStim
ZxStim@zxstim·
@Ribbon_Hero a thick layer of KOLs, agencies, middlemen that want to extract at all cost and bury the truth
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Ribbon hero
Ribbon hero@Ribbon_Hero·
@zxstim Thanks, l’m hearing a lot of BS about that for the years I’ve been living here, don’t get who win from these rumors.
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ZxStim
ZxStim@zxstim·
@nftsasha @unchained_game more are landing in da nang now, so much that it spiked prices across the board for everyone
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nftsasha
nftsasha@nftsasha·
@zxstim thx for this. been in da lat 2 years, about to launch @unchained_game. but ofc it's for the global audience and I'm a foreigner here. attended gm vietnam twice. love the country, hope more builders come, it's a great place to work from if nothing else
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ZxStim
ZxStim@zxstim·
@trump666eth a very risk averse, rule-based approach, that has conflicting intentions, ultra pragmatic but sometimes with little sense of reality.
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Percival Tran
Percival Tran@trump666eth·
@zxstim Super solid, I'm sseeing this landscape in Vietnam as a mess too
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ZxStim
ZxStim@zxstim·
@jane_onchaiin thanks. i just wanna add more context into often misleading claims
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0xJane 🔮
0xJane 🔮@jane_onchaiin·
@zxstim thank you for the solid take, really helpful
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ZxStim
ZxStim@zxstim·
@lex_node but somehow we all use erc20 standard despite how cursed it it
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_gabrielShapir0
_gabrielShapir0@lex_node·
people mad that they didn't use x402 but this will be the fate of all these 'standards' the standards are either somewhat academic exercises or (even worse) built for a specific company's strategy but LARP as academic/neutral same goes for securities 'tokenization' standards
Stripe@stripe

x.com/i/article/2034…

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ZxStim
ZxStim@zxstim·
kinda funny because somehow we collectively ignored this standards proliferation for token, ended up with the cursed ERC20 as the sole winner, in which we have to invent more stuffs (till this day) to fix just that rather than all changing to a better token.
Wazz@WazzCrypto

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tokenbrice.eth (🐜,🔍)
Funny how "mainnet" has a double meaning "mainnet" as in "not a testnet", ex: ETH mainnet vs ETH Sepolia But if you say just "mainnet" without the testnet context, people understand Ethereum, ex: "I bridged my farms back to mainnet" Are all the other chains sidenets? 😅
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ZxStim
ZxStim@zxstim·
@z0r0zzz i agree directionally with this statement. i'm still happy to pay for good quality software, but there are tons of garbage floating around now masquerading as good
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ross.wei
ross.wei@z0r0zzz·
best use case of AI rn is to just make all your own rough software and lil UIs to do all the things (like image editing) that are usually still free but often have janky ad riddled site baggage
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MilliΞ
MilliΞ@llamaonthebrink·
Maybe the EF would be interested in funding some open source courses on this topic? It would could also serve as a place where students and curious minds alike can stay up to date on all the latest Ethereum protocol specs and research theories.
MilliΞ@llamaonthebrink

This whole lecture series was the most enlightening blockchain content I ever consumed. It taught viewers all the basics necessary to understand why chains are built the way they are and all the trade offs involved. I only wish that the lectures continued further and began covering more modern mechanism designs and gadgets. Any chances of that @Tim_Roughgarden? 🥺 👉👈

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ZxStim
ZxStim@zxstim·
@0xluude @lex_node pavel used to write pretty well, then he just turned around talking weird shit to gain views.
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ZxStim
ZxStim@zxstim·
@kjameslubin @fede_intern that's the ecosystem responsibility. we all fight for that. the EF is just a part of it. can't just pin it all on them.
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Kieren James-Lubin
Kieren James-Lubin@kjameslubin·
@zxstim @fede_intern no, just that market share matters to reach the stated goals, and should be acknowledged presently the situation is very good. but it could change
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Fede’s intern 🥊
Fede’s intern 🥊@fede_intern·
At last the real conversation. This is an interesting criticism and it's different from what you started with. Not "stop writing manifestos" but "the manifest missed things that matter." That I can engage with seriously. DeFi, stablecoins, institutions, payments, these are things that should be built by companies and entrepreneurs on top of Ethereum. Not mandated by the EF. The moment the EF starts picking winners, deciding that DeFi matters more than privacy, or that institutional adoption matters more than censorship resistance, it stops being a neutral foundation and starts being a product manager for someone else's business. The EF's job is not to attract stablecoins. It's to make Ethereum the most reliable, neutral, credibly decentralized settlement layer in the world, and then get out of the way. If they do that job well, stablecoins come. DeFi comes. Institutions come. Not because the EF courted them but because the foundation is trustworthy enough to build on. That's the actual mandate. Make the ground solid. Let others build the city. The infinite gardens framing, as corny as it sounds, is closer to correct than a mandate that reads like a business development deck.
Haseeb >|<@hosseeb

Maybe if we are describing the mandate of the EF, it should include terms like: making Ethereum the home of DeFi, attracting stablecoins, institutional partners, payments flows, entrepreneurs, capital formation, and better usability for everyday users. ANY of these words appearing anywhere in the mandate would signal that yes, we care about these things. Instead, infinite gardens and now CROPs. And this pile-on that EVERYONE who objects is getting, including people like Dankrad, is pure cultural revolution style drivel. "hey guys maybe we should encourage private businesses, that would probably help growth" "SOUNDS LIKE YOU DON'T LIKE COMMON PROSPERITY, I GUESS YOU WANT TO STEAL ALL OF THE WEALTH FOR YOURSELF, TYPICAL ENEMY OF THE STATE THINKING"

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ZxStim
ZxStim@zxstim·
@kjameslubin @fede_intern and you think EF is at fault for secular market share decline? so you just blame EF for everything that goes bad?
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Kieren James-Lubin
Kieren James-Lubin@kjameslubin·
@fede_intern you say this, but if we see secular market share decline I am pretty sure it will be bad for all Ethereum ecosystem folks
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ZxStim
ZxStim@zxstim·
@block_muncher @stonecoldpat0 then the legit eth DeFi should be doing it. it's in their interest to do so. the EF can help "guiding" the institutions on the right path, unburdened by malicious interest of "consultants". but at the end of the day, those DeFi teams should do it.
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Block Muncher
Block Muncher@block_muncher·
@zxstim @stonecoldpat0 Seeing institutions using your protocol in a way that is still CROPS can be done I believe. L2’s for when not. Having as many people and orgs and projs on-board is optimal for growth and use and propagation. Focus can also be hugely on helping existing legit eth DeFi.
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Patrick McCorry 🐋
Patrick McCorry 🐋@stonecoldpat0·
The Ethereum Foundation focusing on CROPS isn’t wrong. We should build a chain that is maximally decentralised, focused on privacy, self-sovereignty, and open source. No one disagrees with this. It is what we all signed up for when deciding to work on Ethereum. At the same time, we all want the EF to be the primary actor that is engaging with industry. Many institutions want to build on Ethereum, but do not yet promote those values. They will look to the most authoritative voice in Ethereum -- the EF itself. This is why the EF should continue focusing on expanding Ethereum, but also be its strongest BD and sales. Ironically, if we all play our cards right, we may witness the financial sector become the actors who legitimise on-chain privacy. A repeat of the 90s where it was the financial sector that pushed for strong TLS encryption to make e-banking and e-commerce possible. Of course, I do not work at the EF. I do not know what their future plans are. My hope is that they continue building their BD and engagement arm. We witnessed a significant transformation last year and it should really continue from its current strength. Hoping for the best for Ethereum and the EF. The next 10 years will be even more fun than the last.
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ZxStim
ZxStim@zxstim·
@block_muncher @stonecoldpat0 why should the EF be spending half of its time begging institutions - the literal antithesis of crypto - to be using the chain?
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Block Muncher
Block Muncher@block_muncher·
@zxstim @stonecoldpat0 EF should be 50%+ spending their time and money and efforts on this. I feel like it’s 5%. They do so bad a job and so little of it that Etherealize had to be invented.
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