Gio.eth 🦇🔊 | 🧝♀️🏹🪃🧝♂️
581 posts
Eth 2.0 Merge will be like a 787 having its jet engines changed mid-flight with no one noticing if all goes well. Heard this analogy last night and am a fan.
English
@AdrianoFeria @yugalabs Sure the goal is to accrue value but the tech side of things are easier said then done. Many have failed before them, and at this point w rollups and such theres not much of an argument for reinventing the wheel other than “more money”
English
Why bother with insecure sidechains when Arbitrum AnyTrust chains, Optimism and eventually StarkNet & zksync L3s will be just as easy to deploy (especially the OR chains).
We're getting close. Spinning up your own L1 inflates your token unnecessarily.
defiprime@defiprime
I think we'll see App chains blooming next couple of years. Most retail-focused dApps don't really need censorship resistance or decentralization at all, so why bother with L1/L2, etc when they can just spin up and run their own chain.
English
@yugalabs Try optimizing your contract next time, or use mintpasses or a raffle system, or use @optimismPBC or @arbitrum rollups
GIF
English
@dabit3 It’s all trade offs. You could but then you get into decisions about how decentralized does the base layer have to be. If the txn cost at rollup level vs your desire for the most trustless base layer are outweighed for the desire for predictably cheaper txns, then yea, you might
English
If we’re using rollups then why not just use a different chain altogether that is not limited to the constraints of the underlying L1, especially in the future when we’ll see more and more innovation happening?
English
the current gas prices are bearish as fuck for Ethereum and every person who even tries to argue otherwise makes me even more bearish on all of this shit, the level of mental gymnastics people go through to justify this shit is sickening
English
@dabit3 @CelestiaOrg Yes it will but the dynamics will be different. Almost all users are still on L1, where eventually L1 likely will be used by rollups, bots, and ultra high value txns, and users will be at the L2–& even L3–rollup level. Still early in even delivering L2 & migrating users there tho
English
@gio_eth Rollups to any L1 will still reflect the price of the underlying network, thinking approaches like what @CelestiaOrg is a better way
English
English
donating on @gitcoin via @zksync and I'm not eligible for doing so on @optimismPBC airdrop is the most ironic thing that has ever happened to me.
English
@mikedemarais That’s been the growing trend since the end of last year, yet the market seemed to continue getting frothier
English
the whole “expensive NFT as allowlist-pass” thing is max froth imo
English
@garypalmerjr @BrantlyMillegan Putting aside how anyone feels about his beliefs, he did way more for the space than 99.9% of people on crypto twitter. Most of the people here still wouldn’t have an ENS name if it wasn’t for him, and that’s just the public facing stuff he did.
English
Is today the day (or is this the week) that @BrantlyMillegan comes back to Twitter?? 🐣 $ENS
English
@AnthonyLeeZhang @pbrody @jwolpert @baselineproto @pbrody runs the blockchain division at @EY_US so check out their site or his YouTube for up to date work. youtube.com/c/PaulBrodyETH
English
@AnthonyLeeZhang @pbrody @jwolpert have been working on @baselineproto for years and doing interesting work for their clients. Microsoft uses this system for royalties, for example. They’re way ahead of their competition and “got” Ethereum and utility in public smart contracts for a while now
English
@Swagtimus Ser 10 gb block sizes would AMAZING. Think of all those empty blocks and how secure the 3 datacenters will be who run the network. To think, people debating for years whether they should increase block size to 2 mb lol
English
@brendan_opensea @scott_lew_is Centralization risks (insiders going rogue or bugs), client diversity issues, fractionalized stETH vs fully backed decentralized options like rETH, and the fact that Lido has a less decentralized tech stack over options like @Rocket_Pool
English
@scott_lew_is agree that monopolies are generally undesirable, but what specifically do you think is "really problematic for Ethereum"?
English
@scott_lew_is I question the financial incentives of the people who believe it is. Lido is far from decentralized, until recently has threatened client diversity, and issues fractionalized derivative ETH. All the shortcuts to claim first mover at expense of base layer security
English
@RAC Do both, but make some songs maximally accessible. Being permissionless is partly why Ethereum succeeds. People will still desire the NFT bc they are a fan. You make royalties via those trades. Everyone wins. Bottlenecking IP stunts creativity and distribution of the original
English
English
In how many cities have you walked to or from the airport?
English