alxx

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alxx

@alxxeth

tired of winning

Katılım Ağustos 2021
231 Takip Edilen347 Takipçiler
alxx
alxx@alxxeth·
longed btc @ 61k bottom is in
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alxx
alxx@alxxeth·
@Cobratate buying $10 of btc at 63,000. bookmark this.
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Andrew Tate
Andrew Tate@Cobratate·
Buying $2,000,000 of btc at 67,000. Bookmark this.
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Fluffey
Fluffey@Megaeth_Fluffey·
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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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alxx
alxx@alxxeth·
2024/2025: ct goes band for band 2026: scam for scam
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alxx
alxx@alxxeth·
uptibbir
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bill monday
bill monday@billmondays·
if you ever tweeted gmonad you're disqualified from the claim portal
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Base Posting
Base Posting@baseposting·
give me your best base FUD, seriously.
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alxx
alxx@alxxeth·
@basemaxxing intern of this account deserves a raise
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Base Posting
Base Posting@baseposting·
really hate getting bogged
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alxx
alxx@alxxeth·
sizing into $order here
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alxx
alxx@alxxeth·
@medusa_apple hopefully “make” will be the correct word
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Medusa (mainnet arc)
Medusa (mainnet arc)@medusa_apple·
👁️ how much do you think you can make just from the eco in monad mainnet’s first year?
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alxx
alxx@alxxeth·
@ThinkingUSD idk rn don’t feel like entering small positions more of a long term vision deploying bigger capital
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Flood
Flood@ThinkingUSD·
If you're so aligned why don't you buy $1,000,000,000 worth of HYPE?
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alxx
alxx@alxxeth·
@Yotdanz gmonad mike gmonad mike gmonad mike gmonad mike gmonad mike
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Yot 욧
Yot 욧@Yotdanz·
monad discord is down, this is the new general chat 👇
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scene ✩
scene ✩@scene999·
dear hyperliquid community trillions
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alxx
alxx@alxxeth·
ghyperliquid
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alxx
alxx@alxxeth·
great post
Likee@OhMyLikee

how to survive monad mainnet as we get closer to the start of the q4, the glorious smell of Monad mainnet gets stronger and stronger. this time we might really be close. so instead of playing the little clairvoyant and throw out random predictions, let’s put our thinking hat on and plan how to tackle what is likely going to be one of the craziest periods for the chain. [note: this is not a guide to max extract 8 figs (just corrupt someone with the Mon role to run a presale wink wink) this is more so you don’t end up DMing ZachXBT at 2am] to make my blabbering easier to read, i’ll split it into 6 simple points: 1 — do not fall for scams, please Monad is one of the most hyped chain launches EVER. and with this level of attention, bad actors will proliferate and try to get their hands on your precious MON. be a good boy scout and stick to simple practices: • pair your EVM wallet with a transactions simulator: I like Rabby + Pocket Universe. • use multiple wallets: hot+cold+burner. • official links only: bookmark verified domains. don’t trust search ads or random “claim” pages. if in doubt, ask it out. • don’t re-use your testnet wallet to avoid getting tracked or pocket-watched. • don’t get social engineered: be suspicious of everyone. Keone is not DMing you, that journalist who wants to interview is from North Korea, do not download random files from people. • use the Horcrux method when storing funds and juggling wallets. hackers are getting more advanced by the day, so you CONSTANTLY need to be on your max attention. one slip and it's KO. 2 — learn how to read an explorer pretty much self-explanatory. best way to start is to go on any EVM explorer and start to look around till you get a gauge on how things work. track funds, follow contracts, see where transactions originate etc… if it feels overwhelming/confusing, mix it with platforms like DeBank or similar portfolio/tx scanners to get a simpler view. remember people lie, blockchains don't. 3 — minesweeper we know Monad is an anomaly in a lot of ways. the way they built and cemented their community, is one of them. there isn’t another chain or project out there in which people have formed such strong and genuine social bonds. I’ve personally met people in here that I now feel lucky to be able to call friends. Well, this will change. The second real, tangible money get involved all of those dynamics will shift: - that 4th to 5th tier KOL you follow on twitter will spin up a scammy presale - that community NFT project(s) will mint and then run off to the Bahamas - the random guy with 10 messages in your gc will pitch a “100x low cap gem” he secretly holds 10% of - the Korean girl with the suspiciously deep voice will try to scam you, and so on.... So the move is simple: stay flexible, trust slowly, verify EVERYTHING. 4 — curate your timeline while fun for some pre-mainnet, once the horses are out we cannot afford a timeline full of slop, noises and loud engagement baits anymore. whenever it’s twitter, discord, tg or a mix, we want to make sure to optimize and build a good flow of information. In hype launches, info speeds matters. what does this translate to? this is different for anyone. for me it’s finding those people who might influence the masses, who prompt me to do better, who provide actual value, who are constantly on top of what’s happening. spotting the early leaders with the power/ability to shape a narrative has been a great way to identify early runners or promising projects (like Ansem on sol) psst... you also want to use those chain tracking skills we learned to spot wallets with consistent patterns of good actions. ⚠️ pay attention, this doesn't translate in blindly trusting others (hello see point 3), it means building a clean information flow to base OUR decisions on ⚠️ 5 — find your pack there is a great piece by Jez where he expresses this concept a gorillions times better than I could ever do. the juice is: you need to focus on moving your crypto journey from singleplayer to multiplayer. you simply can’t track everything yourself. while a small group of like-minded, focused people can cover more ground, share intel and keep each other sharp. that’s how you keep eyes on everything and level up faster there are different ways to find your crew. you ideally first want to think about your value proposition. build reputation, contribute in public, share useful and cool insights. think about what do YOU bring to the table? would recommend the quantico channel in discord as a good place to start to build up your rep and find fellow Monad nerds to build your pack. 6 — plan ahead the worst thing you can do is when Mainnet hits is to show up lost and improvise. take advantage of the last testnet moments to write down your plan in detail. start by asking yourself: - are you going to buy? Sell? Go delta neutral and farm the funding? - are you planning to rawdog staking or go for an LST? If so which one? - which dex/aggregators offers the best rates and which one the best yields? Which is it likely to have more liquidity? - what’s the perp platform with the lowest fees? - what’s the best and most trustworthy trading bot? these are only some of the questions you can work around and build your course of action. planning is the antidote to chaos the numbers on your screen aren’t real until they hit your bank account. In any scenario, do not let others fomo or shame you. also, taxes are a thing. to not leave you on this boring ass remark, here’s a bullish line: we are about to enter the most abundant, prosperous, opportunities filled phase of your life. make it count.

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