Bee🦇🔊

We’re still comparing chains like it’s 2020 and so much has changed. The industry desperately needs a total rethink on how we actually assess what we class as success. If we’re still comparing how successful a blockchain is by TVL and other vanity metrics that don’t necessarily mean anything but make us feel better about ourselves and give us some sort of false truth, then we’ve gone backwards as an industry, not forwards. TVL is easily gamed. Half the VCs just pivoted to TVL deals because they were incapable of picking winners and got extremely favourable terms from desperate ecosystems and projects. There haven’t been that many places to deploy it at scale. That’s why some of the least active ecosystems still have ungodly amounts of TVL. Chain revenue doesn’t tell the full story either. It’s basically a tax on users submitting transactions to the network. You can have high economic activity with low fees, or high fees with low economic activity. It’s not a good way to assess how well a chain is actually doing. TVL means nothing if it’s not being put to good use. And having loads of apps that aren’t profitable or on a clear path to revenue? That’s just as useless. The only thing that really matters is whether a chain’s infrastructure opens up the design space for what can be built on top of it. If something is ultra high throughput and near enough real time, that increases the types of applications that can exist. Does that open the door to them being inherently more profitable or more competitive with their off chain, real world, web2 counterparts? That’s the question we should actually be asking. Both Monad and MegaETH are still too early to judge. I think both have really good infrastructure that should enable these types of businesses to succeed, but we’ll see. A default line on a chart is not how you measure that. chainGDP coming soon.

The Resolv USR exploit wasn't a bug - it was a feature working exactly as designed. And that's the problem. How USR minting works: you deposit USDC, then an off-chain service with a privileged key decides how much USR to mint for you. The contract checks the minimum but has no maximum. No cap. No ratio to collateral. Whatever the key holder says - gets minted. You could deposit $1 and mint billions. This design was live since day one. It wasn't a code bug. The threat model was simply: "the key won't leak." It did. Attacker got the key. Deposited $200K across two txs, minted 80M unbacked USR. Dumped on DEXes, walked away with ~$23M in ETH. Single point of failure: one private key, no on-chain sanity checks. No max mint ratio, no multisig, no timelock. One compromised key = unlimited money printer. The contract worked perfectly. That's the scariest part.

I think about decisions in three ways: hats, haircuts, and tattoos. Most decisions are like hats. Try one and if you don’t like it, put it back and try another. The cost of a mistake is low, so move quickly and try a bunch of hats. Some decisions are like haircuts. You can fix a bad one, but it won’t be quick and you might feel foolish for a while. That said, don't be scared of a bad haircut. Trying something new is usually a risk worth taking. If it doesn't work out, by this time next year you will have moved on and so will everyone else. A few decisions are like tattoos. Once you make them, you have to live with them. Some mistakes are irreversible. Maybe you'll move on for a moment, but then you'll glance in the mirror and be reminded of that choice all over again. Even years later, the decision leaves a mark. When you're dealing with an irreversible choice, move slowly and think carefully.

What are the main reasons to keep using OpenClaw with all these features that Claude is shipping?

I actually do the whole new year's resolutions thing, and it actually works. The key thing to understand is that humans are creatures of habit. Doing the same action you've already done regularly takes very little mental effort, whereas inserting a new one-time task takes much more. And so if you want yourself to do certain things more, you need to make it a habit. The year boundary is as good a place as any to evaluate the habits that you're chosen to impose on yourself, and see whether they are effective and sustainable, and adjust, add or remove any. My style is to make them measurable, trackable, and targeted to exactly the level of effort that I know will not make me want to abandon them, even during my months of busiest work, most intensive travel schedule or call schedule, etc. Examples I've done: * Walk an average of >= 6km/day each month * Run >= 50km each month * Write >= 1 blog post each month * Study some language for 30 min each week * Do >= 2 major cryptography programming projects each year At every year boundary, re-evaluate your old list, and decide on your new list. And yeah I have txt files for tracking this (sorry, not gonna use some corposlop app that makes me dependent on third-party servers) You actually want each one to be relatively trivial, so that you can stack multiple, and because the benefits of maximizing are less important than the risk that you will give up on the whole thing. This has worked well for me and I recommend it.