Ihor Pryimak

The internet needs a trust layer for the AI age. Not just money rails. Not just smart contracts. A layer that can verify truth, enforce agreements, and resolve disputes - at machine speed. That’s what @GenLayer is building. 🧵👇

@sunnya97 @SecGensler t.me/osmosis_chat/1…

@SecGensler Looking to the future, with my learnings, and buildings what’s next

Bruh… your top 2 systems are shutting down and in maintenance mode on life support. WTF are you talking about?

We understand why projects leave, and it's not the projects' fault @cosmoslabs_io is guilty for the exodus of projects from @CosmosEcosystem Over the course of its first year of existence, speaking on behalf of @cosmos, Cosmos Labs told a ton of projects that we now have social-darwinism, and the strongest will survive, and that other projects will receive no support from Cosmos Not only is this all nonsense, coz those who unite best will survive, as mutual aid is the most important factor in evolution. And so we see how weak humans, uniting with horses and dogs, have wiped out the strong mammoths from the evolutionary race The most important point is that Cosmos Labs is not the entire Cosmos Starting with the fact that Cosmos Labs' Voting Power is definitely less than @CosmostationVD, continuing with the fact that @interchain_io ICF failed to prevent the passage of a proposal about the community's lack of trust in ICF After this, ICF allocated 20 million from its funds and handed it over to Skip Protocol (which became Cosmos Labs) This raises two important points: 1) If the community doesn't trust ICF, then why do we trust Cosmos Labs (an ICF protégé)? Cosmos Labs is the same ICF, just from a different perspective 2) Cosmos Labs' Voting Power is even lower than ICF's, as ICF long ago lost most of its ATOMs, and as a result, they were unable to counter the proposal about ICF's lack of trust. And Cosmos Labs doesn't spend ICF funds on increasing its Voting Power. That is, Cosmos Labs cannot represent Cosmos' position; it can only speak for itself. The problem is that other projects believe Cosmos Labs is the "leader of Cosmos," and whatever @0xMagmar says is taken as the position of the entire Cosmos Hub No one would be against good leaders, but since the ICF declared Cosmos Labs the "leader of Cosmos," ATOM has been 3-4 times smaller The best thing Cosmos Labs has come up with is convincing institutions to launch private blockchains on the Cosmos SDK. And Cosmos Labs' role in this is to explain to institutions how to use the Cosmos SDK, which is, roughly speaking, created at the expense of ATOM holders (if anyone doesn't understand how this is connected, we can explain it) And there's nothing wrong with explaining to people how to launch blockchains on the Cosmos SDK. The Validator School @synctems has been doing this for three years... It's just not clear what benefit this will bring to ATOM holders... Cosmos Labs will gain fame and recognition, and maybe even get paid. But it won't be Cosmos Hub that gets paid, it will be Cosmos Labs! Even if Cosmos Hub gets paid, for it to be beneficial for ATOM holders, they'd have to pay a lot, and pay regularly Currently, a total of 272 million ATOMs are staked: So, if institutions pay $272 million for an explanation of how to launch a blockchain using the free, open-source Cosmos SDK, each ATOM holder will receive $1 for each ATOM they stake. But it's a one-time payment. And who would pay that kind of money for training that costs $300 per person, especially on a regular basis, is simply impossible to imagine In addition, hundreds of blockchains have already been launched on the Cosmos SDK, and among them are a ton of successful blockchains: @binance, @cronosapp, @injective, @noble_xyz - but this simply doesn't affect the price of ATOM And if any bank or payment system launches a blockchain on the Cosmos SDK, it won't affect the price of ATOM. Basically, the gist of the complaint is this: - ICF, which the community doesn't trust, declares that Cosmos Labs is now the "leader of Cosmos," and ICF is washing its hands of it. - Everyone hopes and expects Cosmos Labs (as true leaders) to lead Cosmos to a bright future. - If ICF was simply cutting budgets, but at least doing something useful, then Cosmos Labs only made things worse: they stopped EVM implementation, froze payments for ISC development, promoted separatism and social Darwinism, thereby triggering a wave of Cosmos project exits, and generally tarnished Cosmos's reputation. For conspiracy theorists: Cosmos Labs is @jaekwon project to get everyone to turn away from @cosmoshub and switch to @_atomone 😅 And it would be funny if it weren't so sad... While communicating with the ICF was nearly impossible - they simply ignored any requests that weren't in their best interests. They didn't take on the role of Cosmos's leaders, simply being "one of the foundations that helps development" While communicating with Jae Kwon and Atom One is easy, and they're very approachable, which draws attention to Atom One, communicating with Cosmos Labs is a pain We've yet to meet anyone who said they enjoyed communicating with Cosmos Labs Everyone I spoke with said that communicating with Cosmos Labs is difficult, that they're aggressive, and that they act arrogant We can confirm: Cosmos Labs has surprisingly low soft skills. All our attempts to make friendship and develop Cosmos together were met with callous negativity It feels like these people don't understand friendship, cooperation, or mutual assistance... They're not responsible. It's best not to take their word for it; they don't keep it What can we take away from this? 1) Stop thinking that Cosmos is crap just because Cosmos Labs claims to be a leader. Cosmos ≠ Cosmos Labs If you don't like Cosmos Labs, that doesn't mean Cosmos is crap And the fact that you don't like Cosmos Labs is a completely natural reaction of a healthy person; you're not alone; almost everyone feels the same way. The only people who won't tell you Cosmos Labs is crap are the people who receive funds directly from Cosmos Labs, and there aren't many of them 2) Stop believing that Cosmos Labs are some kind of leaders who want to make Cosmos Hub better Cosmos Labs' opinion ≠ Cosmos' opinion. They don't take any actions in the interests of Cosmos Hub or ATOM holders They pursue the interests of their small, centralized group, and what they say on behalf of Cosmos is a ridiculous mistake. 3) Stop thinking that Cosmos is unsaveable. Cosmos has every chance of success if we stop believing in the previous two points and take on the development of Cosmos, ignoring the existence of Cosmos Labs. Or at least delegate this responsibility to those who want to develop Cosmos This is our vision of how we can resurect Cosmos, and we will be pleased for a feedback: dorian-carriage-980.notion.site/Cosmos-Resurre…

@galodysseynft #GalacticOdysseyBook I'd like this to be mentioned in the book: "The best book on life management: "Ihor Pryimak - The most important book! Lifeology. Life management body of knowledge (LMBOK)". TY!

@xtrader3 @MrRobottoC @claims_market Are there any entities, who are buying the FTX liabilities from FTX'es retail customers?

@MrRobottoC @claims_market Yes. FTX real estate are skyrocketing. Because major estate is crypto.FTX has now much more money than liabilities

FTX claims: prices for claims over $1mm continue to increase. Market prices as of February 9 were 78 bid, 83 ask, up 3 points from the prior week. Prices continue to increase in anticipation of the amended Plan and Disclosure Statement expected to be filed by February 29. claims-market.com #FTX #crypto #bankruptcy

@ftxcreditor_com @davidzmorris @PatRabbitte1 @CNBC Are there any entities, who are buying the FTX liabilities from FTX'es retail customers?

@davidzmorris @PatRabbitte1 @CNBC How did you arrive at 1/3rd of the value? Over 70% of customer liabilities were in USD. So isn’t the number closer to 5/7th at worst (assuming everything was BTC which is 2.5x from petition date value)?

Truly execrable, embarrassing work here by @cnbc. The fact that "full repayment" is barely 1/3rd of the current value of assets isn't mentioned until the last few graphs. I'm flummoxed what motive all these editors have to lie to readers about #FTX cnbc.com/2024/02/10/as-…

@MHE_BE3ET Are there any entities, who are buying the FTX liabilities from FTX'es retail customers?

#FTX has massive surplus if liabilities prices are calculated on Ch11 date. Everyday we expect some bad news - what lawyers going to invent to steal more money. That's absolutely perverted to what we've expected from "professionals" a year ago. If lawyers wouldn't sale left and right for 5% of value and rob customers by astronomical fees (total damage 500M+ and be 0.75-1b in fees +1b SUI(Mysten) + Exchange business killing, estate would have surplus on live prices as well.

@ftxcoalition @Alice_comfy @MHE_BE3ET Are there any entities, who are buying the FTX liabilities from FTX'es retail customers?

@Alice_comfy @MHE_BE3ET Concentration in outperforming assets including SOL vs liabilities.

@Olya55822971 @sunil_trades How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@sunil_trades Hello. Can you provide instructions on what needs to be done if you are not a resident of America and stay in another country - what actions are necessary - do you need to send an actual letter to the specified address to the court? And do need add some own details?

Template Letter to object to Petition Prices Objection in FTX plan Must be posted to Delaware

@AWEdioDJ @sunil_trades How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@show4653 @sunil_trades How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@sunil_trades If I'm a non-US resident then?

@Resident_Crypto @sunil_trades How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

Object to the motion - petition prices Anyone can object and should as pro se 1) Needs to be Addressed to court, DocuSigned by each, printed and delivered. 2) Local Delaware law firm paralegals print each and file each locally

@AtharvaTayade5 @sunil_trades How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@sunil_trades If I'm a non-US resident then?

@adamBitC @sunil_trades How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@sunil_trades How to object?I’m FTX customer out of US.

@xymaklqoepskmm @ftxcoalition How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@ftxcoalition My 30K in FTX went down to 500$ in Nov 2022. So I need my coins back, don’t want USDC value of Nov 11 2022. It is cheating & one more scam by FTX

FTX have submitted an Estimation Motion that dollarizes customer claims per Nov 11 2022. BTC: $16,871.63 ETH: $1,258.84 SOL: $16.2471144 The rest of the assets would go to non-customer creditors including shareholders. If customers disagree, they must object until January 11.

@apatarkan8 @ftxcoalition How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@ftxcoalition how can i object this bullshit? i am living outside of the USA. what should i do? :(

@MrRedVeve @ftxcoalition How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@ftxcoalition Definitely object.

@Joejinis @ftxcoalition How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@Cassia_88888 @ftxcoalition How to write and fill a paper letter outside the USA ftx-recovery.com. Another option click2mail.com/email-to-mail. You can also mention that pricing FTT at 0 is totally unfair. Helpdesk manager replied to me, that "we do not accept any filings by e-mail".

@ftxcoalition What do I need to do now to object that?