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Emily
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Emily
@_emjlin
(not a) cmo @usxcapital @scroll_zkp @_openeconomy doing improv w/candlelit hotdog dinner for two
Katılım Ocak 2022
1.1K Takip Edilen11K Takipçiler
Emily retweetledi
what's the best financial advice you ever received?
ours is probably:
“compound interest is the 8th wonder of the world. he who understands it, earns it… he who doesn’t, pays it”
what about you?
drop your best financial advice
let's build a thread of some useful wisdom :)
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Emily retweetledi
Vitalik is right.
And honestly, we've been saying this internally for the past six months: chains, on their own, are dead.
5 years ago, we started Scroll when ZK proofs were still largely an academic curiosity, and Ethereum desperately needed more teams willing to build ZK-EVMs from scratch. We’ve put all of our efforts and resources to build the most robust ZK chain in the industry - and arguably, this is what we achieved. 3 major protocol upgrades last year brought our transaction costs to ~ $0.0008 on average, cheaper than most optimistic rollups.
But infrastructure was only ever a means to an end.
None of the stats truly matter if what we built doesn't reach people.
Scaling was never the end goal, but a prerequisite. The actual goal - the one that can only now come to fruition - is serving the 5 billion people globally who still don't have access to reliable financial infrastructure.
Which is why our focus has shifted.
Behind the scenes, we’ve been heads-down building products that own direct user relationships:
1) @ether_fi Cash which settles exclusively on Scroll - has been growing exponentially, making Scroll the top payments chain for the past 6 consecutive months.
2) We doubled down on founders who share the same vision as us. The whole of 2025 was aimed to support @_openeconomy and incubate new innovative products. One example of a highly aligned team with our vision is @chatterpay, who is onboarding people to crypto through WhatsApp, with a close focus on the LATAM and African communities.
3) We also launched Cloak - our privacy solution that aims to solve crypto’s arguably biggest UX problem - lack of usable privacy.
4) We have built @usxcapital - the first ever private stablecoin, with returns up to 15%. USX aims to be the savings alternative to web2 users by offering much higher yield than standard bank accounts.
5) We’re also building out a strong B2B arm that allows institutions to onboard their businesses to crypto in a private way (will be sharing more on this soon).
This year, we're also doing something every real business has to do: drive revenue. Not through token speculation or narrative cycles, but by providing actual value that people willingly come back to - that's the only way of building something that lasts.
Vitalik suggested that every L2 should now own a niche - “privacy, efficiency specialized around a particular application, social, identity, ultra-low-latency and other sequencing properties…” - and that’s a valid suggestion. But most of what's being built in crypto is still built for crypto. DeFi for DeFi users, infrastructure for infrastructure builders. It's all inside the same teacup.
The real game is outside.
5 billion people who don't have a bank account, or don't trust the one they have. To me, that's not a niche - but the entire point.
Everything the Scroll team is building right now is aimed at reaching them.
We're not here to win a category.
We're here for the long game.
vitalik.eth@VitalikButerin
There have recently been some discussions on the ongoing role of L2s in the Ethereum ecosystem, especially in the face of two facts: * L2s' progress to stage 2 (and, secondarily, on interop) has been far slower and more difficult than originally expected * L1 itself is scaling, fees are very low, and gaslimits are projected to increase greatly in 2026 Both of these facts, for their own separate reasons, mean that the original vision of L2s and their role in Ethereum no longer makes sense, and we need a new path. First, let us recap the original vision. Ethereum needs to scale. The definition of "Ethereum scaling" is the existence of large quantities of block space that is backed by the full faith and credit of Ethereum - that is, block space where, if you do things (including with ETH) inside that block space, your activities are guaranteed to be valid, uncensored, unreverted, untouched, as long as Ethereum itself functions. If you create a 10000 TPS EVM where its connection to L1 is mediated by a multisig bridge, then you are not scaling Ethereum. This vision no longer makes sense. L1 does not need L2s to be "branded shards", because L1 is itself scaling. And L2s are not able or willing to satisfy the properties that a true "branded shard" would require. I've even seen at least one explicitly saying that they may never want to go beyond stage 1, not just for technical reasons around ZK-EVM safety, but also because their customers' regulatory needs require them to have ultimate control. This may be doing the right thing for your customers. But it should be obvious that if you are doing this, then you are not "scaling Ethereum" in the sense meant by the rollup-centric roadmap. But that's fine! it's fine because Ethereum itself is now scaling directly on L1, with large planned increases to its gas limit this year and the years ahead. We should stop thinking about L2s as literally being "branded shards" of Ethereum, with the social status and responsibilities that this entails. Instead, we can think of L2s as being a full spectrum, which includes both chains backed by the full faith and credit of Ethereum with various unique properties (eg. not just EVM), as well as a whole array of options at different levels of connection to Ethereum, that each person (or bot) is free to care about or not care about depending on their needs. What would I do today if I were an L2? * Identify a value add other than "scaling". Examples: (i) non-EVM specialized features/VMs around privacy, (ii) efficiency specialized around a particular application, (iii) truly extreme levels of scaling that even a greatly expanded L1 will not do, (iv) a totally different design for non-financial applications, eg. social, identity, AI, (v) ultra-low-latency and other sequencing properties, (vi) maybe built-in oracles or decentralized dispute resolution or other "non-computationally-verifiable" features * Be stage 1 at the minimum (otherwise you really are just a separate L1 with a bridge, and you should just call yourself that) if you're doing things with ETH or other ethereum-issued assets * Support maximum interoperability with Ethereum, though this will differ for each one (eg. what if you're not EVM, or even not financial?) From Ethereum's side, over the past few months I've become more convinced of the value of the native rollup precompile, particuarly once we have enshrined ZK-EVM proofs that we need anyway to scale L1. This is a precompile that verifies a ZK-EVM proof, and it's "part of Ethereum", so (i) it auto-upgrades along with Ethereum, and (ii) if the precompile has a bug, Ethereum will hard-fork to fix the bug. The native rollup precompile would make full, security-council-free, EVM verification accessible. We should spend much more time working out how to design it in such a way that if your L2 is "EVM plus other stuff", then the native rollup precompile would verify the EVM, and you only have to bring your own prover for the "other stuff" (eg. Stylus). This might involve a canonical way of exposing a lookup table between contract call inputs and outputs, and letting you provide your own values to the lookup table (that you would prove separately). This would make it easy to have safe, strong, trustless interoperability with Ethereum. It also enables synchronous composability (see: ethresear.ch/t/combining-pr… and ethresear.ch/t/synchronous-… ). And from there, it's each L2's choice exactly what they want to build. Don't just "extend L1", figure out something new to add. This of course means that some will add things that are trust-dependent, or backdoored, or otherwise insecure; this is unavoidable in a permissionless ecosystem where developers have freedom. Our job should make to make it clear to users what guarantees they have, and to build up the strongest Ethereum that we can.
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My old roommate rebuilt Microsoft in 2 years
Truly ppl should check it out
Kind of rare in the age of ship fast and break things
Caleb Meredith@calebmer
Introducing Alpine The first ever AI-native workspace. Your docs, tasks, and chat finally in one app alpine.inc
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Introducing Alpine
The first ever AI-native workspace. Your docs, tasks, and chat finally in one app
alpine.inc
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Emily retweetledi
Emily retweetledi
Reasons why your Open Campus S3 application was rejected
> you're not building mobile-first
> you're not building consumer crypto
> you're not building in public
> you submitted your YC introduction video
> you pushed to prod on a Friday
OE@openeconomyos
Introducing the new evolution of Open Campus We believe you can 1000x your success when you 10x your focus > 1 month -> 1 year, online support + meet IRL 3 times > 10 projects -> 3 projects > General app -> consumer crypto > $100k in funding -> keeping that Applications open
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@jessyfries @helinglrxyz @sevilla_rocelyn @angelinarusse @dee_centralized aww that's so sweet
@natonchain has been my partner in crime for USX as well and is generally a killer
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Women in web3 I learn from and would genuinely love to meet someday:
@angelinarusse - Her sense of culture is unmatched.
@dee_centralized - If there’s one person who made me fall in love with good content, it’s Dayana.
@_emjlin - USX content is on another level and I know exactly who’s behind that standard.
@emilylai - I learn something new from almost every post she makes about marketing and growth.
@maggielove_ - SheFi exists because she cared enough to build it. She’s the kind of teacher I wish everyone had.
@xianxlb - My favourite. I still don’t understand how she handles so much at Meteora with so much calm.
@platis_e - Solana events are the best for a reason. She’s the reason.
@tamarincrypto - One of the kindest people on this app. Also a stablecoin genius, which is the best combo.
@calilyliu - She makes me feel like I can do more than I think I can. If I ever get the chance to work with her, I’d say yes before Solana settles a block.
@asal_alizade - To me, she’s the face of Base. Always creating, always onboarding, always showing what’s possible. I feel like if we ever meet, we’d end up building something meaningful.
I’m a girl in web3 too, and these women make my journey feel possible.
If you’re a girl in this space, retweet or quote this with the women you learn from and adore. Let’s make this a thing.
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Emily retweetledi
This changes everything about how conversations flow in work communication apps.
Simply select the exact text you want to respond to.
No need to ever have to quote an entire paragraph to respond to one sentence again.
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I have a crush on myself
OE@openeconomyos
We brought our high school crush to Campus. p.s. it's lofi girl
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@missalpha_z @usxcapital @Scroll_ZKP I've been playing kpop in the background when i'm writing the scripts 😎
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🔈🔉🔊
@_emjlin 가 한국을 좋아하는 건지 🫶🏻
@usxcapital 한국향 인건지 🇰🇷
@Scroll_ZKP 나 좋으라구 해준건지 😘
잘 모르겠지만!
UI 조금씩 바꾸며 론칭했습니다!
프리디파짓 포인트는 종료되고,
스테이킹 포인트가 시작됩니당.
친추 포인트는 유지되구요,
파트너십 포인트는 하나씩 오픈한대요!
USX@usxcapital
It's time to build crypto right. The first ZK-powered neodollar is now live. usx.capital
한국어
@calebmer @alpine4work insane
tho i've known other devs who do this and the UI is very smooth so maybe something to it
cc @jalldoes @polystream_xyz
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Hot take: Figma is where good ideas go to die
We design everything directly in code @alpine4work and have done so since day one
If it doesn’t work in the browser, it does not work
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