0xGembus

🧵 #Base vs. #Arbitrum vs. #Optimism: Who Will Win the L2 War? Analysis of Reach, Retention, and Revenue based on data from @Covalent_HQ (Increment tool), @DuneAnalytics , and @tokenterminal

@christianvctrs Kek gini nih cuman liat harga, bbca berkali2 stocksplit bos, gak bisa liat data harga gini doang, bisa diadjust stelah stocksplit jadi fair

@SuhailKakar Thanks 🙏

@0xGembus defillama.com/hacks

@SuhailKakar that matric is not alone, analyst should uses at least 3: reach, retention, and revenue. active address just one of reach, while we have to see the retention and revenue

number of active addresses are one of the most misleading and useless metrics in blockchain. here is a 40 line code that can generate 50 million 'active' addresses, each making transactions onchain

@AndrewsTjan @jokowi ketika persoalan perut sudah tertjukupi

@jokowi Kapan negara ini bsa serius dalam olah raga pak ?

Olimpiade Paris 2024 membawa kebanggaan baru bagi Indonesia berkat Veddriq Leonardo, atlet panjat tebing kebanggaan bangsa, yang meraih medali emas Indonesia pertama di Olimpiade Paris 2024. Raihan ini sekaligus menjadi sejarah penyumbang emas pertama Indonesia dari cabang panjang tebing kategori speed wall climbing Olimpiade. Selamat! Foto: NOC Indonesia/ Naif Muhammad Al'as

@txtdrimedia yg miskin rakyatnya, yg di survey pejabatnya

kalian bahagia?

@gundala_geledek @ibamarief Sy ada fam dg 2kids di Oz, untungnya di Oz pay rate casual worker lumayan jadi istri bantu-bantu kerja. Dan sy banting tulang nyari free tuition dari Uni dan RA/project dari beberapa spv dan ngajar mhs s1&s2, alhamdulillah lumayan dan finally lulus. Skrng balik Industri lagi 😅

@gundala_geledek @ibamarief PhD sy 6 tahun di salah satu kampus Go8 Australia di bidang Data Science. Di tahun pertama spv1 pindah ke Belanda & masih ok, di tahun ke-3 yg crusial spv utama pindah ke UAE, bubar! sy ditawarin pindah ke UAE tp keluarga tdk mau & memilih di Oz.

Sebagai PhD dropout karena balik ke dunia profesional, aku bisa paham kekuatiran interviewer Indo ketika bilang "gaji dosen lebih sedikit dari industri" Godaan untuk balik ke industri karena finansial itu besar, sekitar 50% PhD students end up dropping out ⚠️ Aku dropout karena waktu itu anak pertamaku lahir. Aku ngga tega kalau hidup anak dan istriku banyak struggle di kota kecil dingin yang hanya beberapa derajat dari Arctic circle saja dengan stipend PhD yang terbatas. Rasa ngga tega ini muncul karena, sebagai yang sudah punya karir di industri, we have _options_. Waktu itu aku coba apply lagi ke industri, dan alhamdulillah dalam sebulan dapat offer senior engineer dengan gaji 2x lipat di negara dan kota yang lebih ramah iklimnya. 🏡 Waktu itu aku rasanya jadi seorang irresponsible father kalau ada opsi yang lebih bisa provide comfort & support untuk anakku, tapi ngga aku ambil karena keinginan pribadiku untuk stay di program PhDnya. We need to understand how scary this risk is from our supervisor's perspective, baik untuk program di dalam Indo maupun di luar Indo. Terutama kalau kandidatnya punya professional experience yang baik, semua "investasi" riset mereka ke kita selama bertahun-tahun bisa hilang dalam sebulan saja kalau kita decide financial burden dan opportunity cost dari PhD program itu terlalu berat. 💸 In the end, waktu itu aku minta maaf ke supervisor PhDku dan decide untuk ambil offer pindah negara dan balik kerja di industri lagi. Apakah semua PhD candidates akan menjalani risiko seperti ini? Tentu tidak, kalau punya perseverance yang tinggi then situasi apapun bisa diterabas. I didn't have one back then, and had a couple of years in my career journey "reset" due to this. All the above is why I always consider, above all else, a PhD to be a test of perseverance. Dan interviewer di quoted post ingin make sure saja perseverance kita bisa tetap dijaga selama 4-6 tahun ke depan (or more!) di tengah banyak cobaan dan godaan selama menjalani S3.

@ardisatriawan Masalahnya semua dokumen itu jg sudah di salin dan dijual dipasar buat bungkus gorengan

Bagaimana menjelaskan ransomware ke orang awam? Kok bisa hacker minta 8 juta dolar? Buat apa 8 juta dolar itu? *** Jadi gini, bayangkan kita pergi ke luar rumah. Ada maling masuk rumah kita. Maling itu gak ngambil apa-apa, tapi bawa peti besi. Maling ini masukin semua dokumen penting: ijazah, surat tanah, akte kelahiran, dll. kita ke peti besi. Lalu digembok beberapa lapis sama dia. Setelah itu dia pergi. *** "Halo mas, rumah mas saya bobol, semua dokumen penting Mas saya masukin peti besi, masih ada di sana kan?" "Hah? Oh iya ini ada peti besi. Gimana bukanya mas?" "Kunci gemboknya saya jual mas, 8 juta dolar. Kalau mau dokumennya mas tinggal beli aja." "Mahal amaaat." "Ya terserah, kalau gak mau bayar ya udah. Kunci gemboknya udah saya bikin serumit mungkin, tukang kunci gak akan bisa buka." "Wah, mas tapi itu dokumen penting saya, buat hidup. Saya gak ada backupnya." "Salah sendiri gak ada backup." *** Solusinya gimana? 1) Cari tukang kunci yang ahli, tapi biasanya gak akan berhasil, kecuali malingnya udah pernah pake gembok dan kuncinya ke orang lain. 2) Bayar ransomware-nya, 8 juta dolar, lalu berharap malingnya beneran ngasih kunci. 3) Bayar ransomware-nya, 8 juta dolar, tapi malingnya gak bertanggung jawab. Jadi dokumennya udah hilang, masih nambah hilang 8 juta dolar. Namanya juga maling. 4) Restore dari backup dokumen. Gak punya backup? "Salah sendiri gak ada backup."

@defi_mochi no, mochi is yummier than crypto

Does anything in crypto still excite you?

@Mega_Fund So it seems the saying 'Sell in May and go away' is accurate. How sad.

Stablecoin net flows on exchanges continue to bleed out and have decreased by more than $4.33B (12.5%) over the last month. Total aggregate stablecoin balance on exchanges is now at their lowest levels since February ($30.4B). This has particularly bad implications for tokens with large upcoming unlocks as well as new TGEs and airdrop programs. Act accordingly 😈 h/t @nansen_ai

@0xKofi I am asking because if we look at this query, the avg tx fee looks different dune.com/jondar/transac…

@0xKofi Hi @0xKofi what data sources are you using to build this project btw?

I added Blast to GasFeesIO last week. It's currently the 3rd most expensive L2 to use.

@williamsutanto di Jkt banyakan gedung soalnya om. Dulu di Aussie rata2 yg pake starlink di plosok atau nomad, klo di kota mah pakenya NBN (FO).

Wokowokowok hujan deres sekarat dia. Balik ke ISP deh 😭

@hildobby_ @DuneAnalytics Amazing @hildobby_ , this filter will be very useful. This is the data I found in 2022 during the LooksRare hype. The chart is quite funny. LooksRare has a high volume at 9 AM every day, and yes, it's due to wash trading. Full article @diteliti/is-looksrare-dead-the-battle-of-nft-marketplaces-496f0718aa42" target="_blank" rel="nofollow noopener">medium.com/@diteliti/is-l…

I made an open-source wash trading filter available for all to use on Dune v2 and managed to flag $30B of NFT wash trades - that's ~44% of volume traded 🤯 🧵

@0xKofi I still do not understand what Blobscriptions is. Even though you explained that it is a project to embed text/data into blobs, could you please give me an example of what a Blobscriptions token is and what it is used for?

When L2s submit blobs they pay both a normal gas fee and a separate blob fee for the transaction. In the first week of April, L2s spent $717k on blob fees Last week, L2s spent a total of $0.00004 on blob fees Why the huge drop?! In late March and early April, Blobscriptions activity pushed the blob base fee to crazy heights. Blobscriptions was a project where people embedded text and image data in blobs to create pseudo-tokens they could trade on the Ethscriptions market (none of these words are in the bible loool) Then, when people stopped making Blobscriptions, the blob fee market became cheap again. Right now, the blob base fee is 1 wei. This means one unit of blob gas costs $0.0000000005. For context, at the top of the Blobscriptions craze one unit of blob gas cost $67. (Credit to Archwizard @hildobby_ for the blob base fee chart below) Currently, not enough blobs are being submitted in each block to hit the blob "target," which would activate the blob fee market and lead to the blob base fee rising and falling with demand. (Credit to @hildobby_ again for the blob count chart. This guy is the 🐐) As more L2s go live and start posting blobs, I anticipate that the "target" will be hit more often, and blob fees will go up. That said, even when the fee market is active, it's still dramatically cheaper for L2s to submit their batched data to L1 as blobs than to use the calldata of a regular transaction. Since L2s began using blobs at the end of March, their total onchain costs have fallen from more than $40M per month to just $2M per month TLDR: EIP-4844 worked. Blobs have greatly decreased the onchain costs of running an L2.

@jessepollak @base @diteliti/base-vs-arbitrum-vs-optimism-who-will-win-the-l2-war-analysis-of-reach-retention-and-revenue-e7a87a1cc76f" target="_blank" rel="nofollow noopener">medium.com/@diteliti/base…

we've increased the @base gas target to 6.25 Mgas/s ↑ overall capacity +25% ↓ fees down significantly we did this after significant load testing and optimization by the team — will be doing another increase to 7.5 Mgas/s later this week working our way to 1 Ggas/s!

11/ 🔮 Conclusion Base stands out in gross profits, signaling potential for sustainability. Backed by @coinbase , it uses cutting-edge zk-proof tech. Who'll lead the L2 space? Time will tell. Read full report: @diteliti/base-vs-arbitrum-vs-optimism-who-will-win-the-l2-war-analysis-of-reach-retention-and-revenue-e7a87a1cc76f" target="_blank" rel="nofollow noopener">medium.com/@diteliti/base…

10/ 📈 Profit Analysis Post-cost analysis shows Base leading in gross profits for the year at nearly $30M, triple that of Arbitrum and Optimism. Thanks @tokenterminal

9/ 💰 Revenue Trends Revenue trends mirror transaction volumes, with Base hitting a peak of $10M in weekly revenue @DuneAnalytics

8/ 💸 Transaction Fees Comparison As of May 19, 2024: Arbitrum offers the lowest fees at $0.005, making it the most cost-effective L2 option. However, in terms of revenue Base is the best

🧵 #Base vs. #Arbitrum vs. #Optimism: Who Will Win the L2 War? Analysis of Reach, Retention, and Revenue based on data from @Covalent_HQ (Increment tool), @DuneAnalytics , and @tokenterminal