Hexidethmal

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Hexidethmal

Hexidethmal

@hexidethmal

@EthereumPhone @0x_freedom https://t.co/92et8G4AGz

Katılım Mart 2021
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Hexidethmal
Hexidethmal@hexidethmal·
@bigdsenpai Imagine facing him on the Astral Plane WITHOUT his Truename 😭😭😭
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Big D
Big D@bigdsenpai·
Do NOT face Kylian Mbappé alone when Astral projecting!! Today while astral projecting I summoned Kylian Mbappé to try and weaken him so our hexing spells would work better. He is so fucking powerful. I'm not at a power level to do this alone. I barely escaped with my life and I'm spiritually injured to a great amount, but I think I'll make it. I can't imagine what he would do to a new, unsuspecting witch. I'm scared that I will have to face him again soon if I ever want to continue astral projecting. I'm currently burning healing incense and drawing spiritual energy from my crystals to try and heal as quickly as possible. Please be safe everyone. Kylian Mbappé is much stronger than I first imagined and we will have to do this together if we want to slay Kylian Mbappé.
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Hexidethmal
Hexidethmal@hexidethmal·
Number of “crypto VC’s” continuing to insist the market has been wrong (both general placement & general thesis)for almost 10yrs is downright hilarious Might just be you bro Even more fun when you remember they can still rinse/repeat dumping early discounted tokens on retail 🎉
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Hexidethmal
Hexidethmal@hexidethmal·
@santiagoroel 1. The native token of general purpose blockchains and the bitcoin app-chain have always been valued primarily as money/sov 2. Pretending that they have ever been valued primarily on fees is ahistorical as well as divorced from present reality 3. Chains that eschew 1 will die
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Santiago R Santos
Santiago R Santos@santiagoroel·
Ethereum is the federal government and instead of charging 30% tax it charges 1% and lets states and counties charge the bulk of the tax Security is the most mispriced asset in blockchain land federal states can make it hard for citizens to leave and few (ie US) can enforce worldwide tax - as a US citizen you pay the tax because they can use violence against you blockchains can’t and never will they are by design open source and easy to leave, so they will always struggle to grow GDP via taxation Users (builders and user aggregators) will always have an incentive to leave and go to a tax friendly jurisdiction once you get taxed any amount because they control the user. So Ethereum and others can’t tax too much I don’t see an easy solution to this problem other than being an integrated chain that owns the user relationship and can monetize the flow and enforce some control of who enters and leaves Robinhood can do this Stripe can do this Infra crypto-native providers can’t And if that’s the case then what’s the point of blockchains if you have a single entity that controls it. Databases all the way down. Robinhood is simply replacing citadel and monetizing the flow themselves via robinhood chain - as they should
Lorenzo Valente@LorenzoARK

The Robinhood Chain is the cleanest case study of what happened to ETH's economics over time. Since inception, @RobinhoodApp Chain has grossed ~$816K in revenue. @Arbitrum, the middleware provider, takes 10%: ~$80K. Arbitrum then pays Ethereum for settlement: $1,538. The margin profile roughly: Robinhood: 89% Arbitrum: 10% Ethereum: 0.15% If your thesis is "ETH is money," Robinhood building here is ultra bullish. More activity, more ETH collateral, more lindyness. If your thesis is "ETH is a revenue generating asset," this is the ultra-bear case. And here's the uncomfortable truth: Robinhood was never going to build on Solana, Sui or any monolithic L1. They want the stack customization. They want to be landlords, not renters. Ethereum won this deal on merit. It's just not pricing it right. A healthy split to me looks more like: Robinhood: 75% Arbitrum: 10% Ethereum: 15% Ethereum sells the most valuable settlement layer in crypto at marginal cost. Things need to change. @ethlabs_org

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Hexidethmal
Hexidethmal@hexidethmal·
I guess the answer was “More”… Plenty of time for me, but not for thee 🕕🕥🤫
Hexidethmal@hexidethmal

@EliBenSasson @donnoh_eth When you first announced it, how long did you give yourself to complete this critical blockchain-101 security and censorship resistance upgrade for Starkware? 3-4 years? More?

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Austin Griffith
Austin Griffith@austingriffith·
is there a website that lists all the ERCs that i can land and talk to? "i am thinking of building x is there an erc that relates to this?" I feel like maybe @apoorveth has built something like this maybe?
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Joseph Lubin
Joseph Lubin@ethereumJoseph·
On this MilkRoad podcast with John Gillen (@BitcoinJesusETH) and @joechalom, I mentioned ETH as both ultrasound money and as the highest powered money on the planet. And then John mentioned two "high powered" organizations that have recently emerged to grow the Ethereum platform. Here is a bit more on these topics. Some people outside the Ethereum ecosystem scoff at the idea of ETH as ultrasound money. Ethereum is building towards a future in which most economic activity is onchain, so has been focussed on massively growing modular scalability and ensuring that transaction fees are as small as possible, with the understanding that certain kinds of transaction fees, especially at Layer 1 will inevitably end up being expensive when Layer 1 becomes used mostly for high value activities and becomes deep infrastructure. As my colleague Joseph Chalom has pointed out, this is the same early-growth-over-near-term-profits strategy that has led to massive adoption by companies like Amazon. Many accept gold as sound money. Many also accept Bitcoin as sound digital money, given the idea that there will only ever be 21 million BTC issued and that BTC is currently disinflationary. As the Ethereum economy grows and accelerates, more and more ETH will be held tightly, staked, and consumed in everyday business activities. Increasingly Ethereum will become globally systemically important just as the internet and web technologies have. And ETH will become systemically important to hold and use for nation states, financial institutions, enterprises and individuals. In the near term, the Ethereum ecosystem will bounce back and forth for a while between its sound money state and its ultrasound money state. In Ethereum's sound money state it will act like Bitcoin with ETH serving as a disinflationary currency. In its ultrasound money state, ETH will be deflationary, a great characteristic for a collateral money to possess. Eventually the Ethereum ecosystem will remain in its ultra sound money state permanently as the amount of ETH burned in transactions will be larger than the amount of ETH issued to process transactions and secure the protocol. And since many transactions in the Ethereum economy will involve stablecoins in different forms including properly decentralized stablecoins, the numeraire and means of payment functions of money will be mostly handled by these stable value instruments. Central bank issued fiat money is often called high-powered money (aka the monetary base, or M0). M0 refers to the total amount of highly liquid currency issued by a country's central bank. This form of money is "high-powered" because it's the foundation of the broader money supply created through the banking system's credit creation mechanisms. I like to think of Ethereum as the highest powered money on the planet, but in a different sense: - Gold and BTC are high-powered money in various senses, but ETH goes beyond. - Like gold and BTC, ETH is not debt-based (or credit-based) money. - Like BTC, gold and silver that you hold physically, transactions involving ETH on Ethereum Layer 1 are uncensorable, whether these are simple payments or complex smart-contract-based programs being run. - Like BTC, ETH is relatively cheap to hold and store securely. - Ethereum is inexpensive and easy to use, regardless of how much value is involved, e.g. whether a transaction transfers $1 of value or $billions. - ETH is disinflationary and will become ultra-soundly deflationary. - ETH is diversely useful and rapidly mobile collateral money. - ETH and BTC cannot be used by a despot of a nation state to financially exploit or financially repress the citizenry. This is likely to have positive geopolitical ramifications over time. - ETH is programmable money. You can attach arbitrary logic to transactions. You can build an entire economy on smart contract-based agreements and business processes. (See Shodai Network.) - ETH is the base money of an exponentially growing ecosystem that should see growth for decades. As such its current monetary premium will continue to grow because everyone will have to hold some. Some of the current monetary premium of ETH is speculative, because despite how dominant Ethereum is in the smart contract-enabled blockchain ecosystem, it has not yet hit its stride. - Machine intelligence is going to supercharge every scientific and technological pursuit and grow global GDP larger and faster than any of us can imagine. And it will be Ethereum L1 and modular Ethereum L2s that undergird the bulk of the important high-valued agreements, transactions, payment flows, and complex business processes on which the next generation decentralized economy will run. In the episode, John Gillen referred to @ethlabs_org and @ethereuminsti (Ethereum Institutional) as high powered organizations. What he meant by that is that they are both non-profit, credibly neutral stewards and builders of the Ethereum protocol, network and ecosystem. Ethereum is a sovereign network that cannot at this point be shut down, corrupted or co-opted by powerful nation states, unless they exercised unreasonable and catastrophic measures. The transformation that hybrid human-machine intelligence operating on decentralized infrastructure will effect over the next few years and decades for financial, social networking and governance activities is unfathomable. Governments, big money and big business have now accepted this. Not financial advice.
Milk Road@milkroaddaily

Joe Lubin: "There is no more high-powered money in the world than Ether." Demand is coming from three directions right now: TradFi, machine intelligence, and the native degen crowd. (And that combination about to eat up serious block space.) More $ETH gets staked → less $ETH stays liquid → and the ultrasound money thesis starts to become obvious. Joe says it will all become clear within the next two years or so. FT @ethereumJoseph @joechalom @BitcoinJesusETH @Sharplink.

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MilliΞ
MilliΞ@llamaonthebrink·
Building anything decentralized in 2026, is an insane uphill battle. You’re constantly compared to centralized alternatives that are 1000x more well resourced. You have to work way harder to reproduce a thing that’s easy to do in a centralized way. The cost is significantly higher. The simplest contract change requires a new round of audits. In a centralized system, that same change is quick overnight tweak to the code running on a local server. Users don’t appreciate it until it’s too late. And even when they’re reminded why it matters, they forget quickly after cuz they have goldfish memory. There’s no longer a value premium for doing anything in a decentralized way, and often there’s a discount applied. It just takes a lot of commitment to stick by decentralization in 2026. If you’re building something that optimizes for decentralization in this era, you’re in a unique crowd. A minority. Ppl will crack jokes about you on X. They’ll discourage you. They’ll dismiss you. They’ll say you shouldn’t exist because the centralized options are sufficient. You need real heart and determination to build for decentralization in 2026. But if you can weather through it and stay committed, eventually ppl will appreciate what you built. They’ll be grateful because this industry derives its purpose from the values of decentralization. Every so often, the crowd returns to it its roots. And when they do, you’ll gey your recognition. It ain’t much, but it’s honest work.
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Hexidethmal
Hexidethmal@hexidethmal·
@Erling Why are Europeans better at shopping in America than Americans
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Erling Haaland
Erling Haaland@Erling·
It followed me home 🦝🤣
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Hexidethmal
Hexidethmal@hexidethmal·
@EliBenSasson @donnoh_eth When you first announced it, how long did you give yourself to complete this critical blockchain-101 security and censorship resistance upgrade for Starkware? 3-4 years? More?
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Eli Ben-Sasson | Starknet.io
@donnoh_eth We're at phase 3 of our decentralization roadmap. You're right, there are further steps we need to implement for full decentralization, but we do take this task seriously
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@ryanberckmans·
"The old crypto industry chose chains and technologies to sell tokens. The emerging real-world onchain economy is standardizing on Ethereum L1+L2 as the foundation for cash businesses."
@ryanberckmans

x.com/i/article/2076…

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@ryanberckmans·
ETH Distribution on Robinhood🚀 A new dashboard built on @DefiLlama by LlamaAI Bottom line? Robinhood L2 loves and uses ETH 😍🛠️ Dashboard link below⬇️
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Hayden Adams 🦄
Hayden Adams 🦄@haydenzadams·
Uniswap is generating $5.2m in daily fees right now Above any protocol other than USDC + USDT and far more than Hype, Pump, etc defillama.com/fees
Hayden Adams 🦄 tweet mediaHayden Adams 🦄 tweet media
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Hexidethmal
Hexidethmal@hexidethmal·
@gmoneyNFT As much as I hate the outcome, the outcome is 100% on the Swiss player. It was an obvious simulation from a player who had already earned a previous yellow. It’s like fouling in the box, but worse. Didn’t have to be that way, but it was a choice
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gmoney
gmoney@gmoneyNFT·
Lmao. These rules for the games are hilarious. Between the no VAR on the ball hitting a camera wire earlier and a double yellow that gives Argentina a huge advantage, just not an enjoyable experience.
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Jason Bassler
Jason Bassler@JasonBassler1·
🚨 Flock has repeatedly misled the public. Example #23,527: Flock falsely told city council officials it worked with the ACLU. Not once. Twice. The ACLU's response? "We have never partnered with Flock. We never helped design its system." That's a pretty HUGE red flag. 🚩
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Clouted
Clouted@CloutedMind·
its crazy that the way the EU is going, with chat control and now potentially restricting VPNs they are essentially on the same alignment of censorship as China, Russia and Iran and nobody bats an eye...
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