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Tye Beach
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Tye Beach
@scroogious
Creator of @scout_gram && @scumbagsdotwtf
Charlotte, NC Katılım Ağustos 2020
906 Takip Edilen551 Takipçiler
Tye Beach retweetledi

@martypartymusic Blockchains are only 1/4th of the equation. They don't run anything.
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You were taught crypto very poorly.
Public blockchains are global supercomputers.
Anyone anywhere in the world can run a program on them and anyone in the world can use the program.
Bitcoin supercomputer only runs the Bitcoin ledger.
Solana supercomputer can run any Rust program.
SUI supercomputer can run any Move program.
Ethereum supercomputer can run any Solidity program.
The supercomputers are constructed as a distributed set of nodes all around the world and are connected via physical networks to act as one. To stop the supercomputer you have to stop all the nodes all around the world.
To run programs on the supercomputers requires gas tokens or "native" tokens to the particular supercomputer. To use the programs the user requires these tokens. These tokens are public and can be used as currency on the supercomputers. Examples of "native execution network" tokens are $BTC, $SOL, $SUI, $ETH.
Note: No different from running a AI LLM supercomputers which also requires tokens to run but LLM tokens are not yet tradable or public and represent one word of a AI query.
Bitcoin does not have the ability to run arbitrary programs, it only runs the Bitcoin ledger. This means it is not an "execution network". An "execution network" can run arbitrary programs that represent functionality or other token ledgers. Solana, SUI and Ethereum are examples of "execution networks" and are typically called Layer 1 execution networks because they can execute user programs.
Now understand all other "tokens" or "crypto" are just programs running on one of these "execution network" supercomputers. StableCoin like USDC or USDT are just programs running on each of the supercomputers. Defi applications and DEX's are just programs running on the supercomputers. Meme coins are just programs running on an "execution network". Anyone can run a program and anyone can use the program.
Now you can imagine how these global supercomputers that store and run programs will be used by everyone, institutions and governments will run everything on them and an entire agentic infrastructure will use them.
Start to learn what crypto really is. Understand you were PURPOSEFULLY taught it incorrectly. You were the early testers of the supercomputers. Everything we see in crypto today can be thought of as a test.
Together with AI these supercomputers will run the world.
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@KayTheDoc We were doing this years ago on Eth and you can do it on Solana as well
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Tye Beach retweetledi

@Esther_553 @Angeliki_BTC I rarely find anyone who can even name them, let alone explain how they work.
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@scroogious @Angeliki_BTC People quote it but can’t explain the basics behind it
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@gh0stee The launchpad I'm building is geared towards benefiting traders while still rewarding creators as well.
1% of volume goes into a vault. Instead of PvP I created TvT (token vs token) where you can do heists together to hack the vaults and take the SOL.
scumbags.wtf
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It’s clear that pump fun and all of these launch pads don’t give a fuck about the traders. There hasn’t been one significant pro trader update on any of them. They are actually supporting these retarded devs to deploy more coins, vamp vamp vamp everything that comes out. There is 0 consequences for making coins.
Pumpfun use to be amazing because it was a platform people could trust because it completely eliminated a developers ability to pull liquidity, the traditional rug pull. As time goes on these retarded scammers find new ways to do the same which has come to fruition in the form of bundling tools and multi walleting.
To make it all worse you have some of the biggest Twitter accounts ranging from ex Fortnite players to 50-60,000+ follower accounts trading with 4+ wallets. Crazy part is most of y’all don’t have those side wallets. They are clipping secretly on your head while you praise them for being great traders. You might say who gives af if they have that many wallets. But ask yourself this if you saw someone holding 8+% of a coin will you buy? If you’re not a stupid dumbass you would say no. So then why do you buy after these multi walleting retards with 8+% across 4+ wallets.
If you’ve ever tweeted “game is game” you’re retarded
If you’ve ever tweeted “just adapt “ you’re retarded
If you’ve ever tweeted “skill issue” you’re retarded.
No one wants to trade in a market like this. NO ONE, and that’s why we are actively seeing it fall. These idiots aren’t going to change they will continue deceiving their audience and taking money from you in secret. The launchpads have to do something about this because the sad truth is people will still blindly trade copy trade them till they lose all their money and wonder where it went wrong.
Launchpads or trading terminals:
Significantly increase the cost to dev.
Incentivize the trader to hold with some sort of reward tech
Remove the badges of all individuals bundling and rugging on your platform.
Create a safer environment for the trader again and maybe just maybe people will comeback.
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@sonder_crypto I've been working on gamifying launchpads. Instead of PvP it is TvT (token vs token).
1% of volume goes into a vault and you can work together to hack each other and steal the SOL
scumbags.wtf
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The way I see it, the best way to revive onchain is to support anyone trying to change the game.
New launchpads, new games, new incentive structures. Put some of your own capital behind things that look interesting.
Most of it will fail of course.
But if one thing sticks, it can make all of it worth it because other people will see that experimentation is rewarded.
This is already starting to happen, but people can do their part by signal boosting, sharing, and actually participating in the protocols (Not with a size)
In return, you have the chance to be early to something groundbreaking and the pattern recognition that comes from seeing why the other attempts failed.
When something truly novel shows up, you would have already seen 20 failed versions and be in a much better position to bet with conviction.
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@AlexMasmej How many people do you know can name the four pieces of technology that solved the Byzantine General Problem?
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The reason why the crypto vibe feels so down right now is that the incumbents are winning so much versus startups
As of 2026 crypto is less disruptive
The 2019 ethos I joined said crypto would replace financial infrastructure
Now the Ethereum foundation says no actually crypto is a Plan B if traditional finance fails you
Moving from Plan A to Plan B is painful
Optimistic though I just think this is peak bear market sentiment
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I've tried for years to build P2E and when the whole launchpad craze came it killed everything I was working on, but I've been trying to combine the two lately and make a launchpad built on top of an idle game.
Instead of PvP between traders think of it as TvT (token vs token).
1% of fees go into a vault and communities work together to launch heists and steal SOL from each other's vaults. I have it on devnet currently.
scumbags.wtf
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@shawmakesmagic I've spent 10 years in Unity and love it, but three.js is on fire lately.
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@ThePrimeagen I've been building a launchpad that is also an idle game based around TvT (token vs token) where traders use items to break into vaults and take SOL from each other.
scumbags.wtf
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@CyrusAbrahimX Lol there are definitely parts of it hate too though
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@DeFiYodda It is live on devnet currently if you wanna test
scumbags.wtf
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I spent my 20s studying engineering because I liked solving hard problems. Didn't find crypto until 2017. Fell in love with the four foundations that cracked the Byzantine Generals problem, and didn't ship my first project until 2021.
Riskmoon hit $79M. One of the first P2E games ever. I watched my account touch $900k in a single day...then watched it go to basically nothing when Safemoon collapsed and took us with it. We rode the wave with the name and paid the price. No recovering from that, but I kept building.
Came back during peak P2E hype. Built a tournament-bracket P2E game that hit $27M with real payouts. Then the bear came, wiped the space, and when the bull came back...memes were the meta. P2E was dead. NFTs were dead. Nobody wanted utility. They wanted a ticker and a vibe.
I'd spent years perfecting Tobin tax mechanics and in-game marketplace design. Didn't matter. The market moved on. Then something wild happened...launchpads figured out you didn't need devs anymore. Click a button, launch a meme. Taxes got reintroduced but this time they only fed the creator. The launchpad ate on volume. The trader got nothing.
Everyone knew the problem was at the launchpad level. Traders were getting rinsed. Retail kept showing up, kept getting extracted, kept leaving. We've watched this play out across multiple bull runs (just not through launchpads). The fix was obvious...incentivize the traders, not just the launchers. But no launchpad wanted to solve it because solving it means fewer tokens created, and fewer tokens means less profit for them.
Except you can do both. That's the whole point.
Tobin taxes weren't invented to make creators rich. They came from ForEX...designed to stabilize volatile new currencies by taxing speculation. We applied them in early crypto for the same reason. Somewhere along the way launchpads hijacked the mechanic and turned it into a creator piggy-bank. That's not what it was for.
The fees need to go back to the people generating the volume.
That's what Scumbags solves. Creators still get their 0.5%. But the bulk, 1%, goes into a war chest that funds on-chain PvP heists between token factions. Every trade fuels the game. Every holder becomes a player. Normies who don't know a chart from a candlestick come home from work and want something to do. They'll buy into a faction that's winning raids, defend a vault, attack a rival, because participation equals payout.
I've been chasing P2E that actually works since 2021. I think I finally built it. Not as a game bolted onto a token, but as the launchpad itself.
That's Scumbags.
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@100xgemfinder I've been building a brand new experience that focuses on getting people working together again. I'm still on devnet right now, but getting closer to launch.
x.com/scroogious/sta…
Tye Beach@scroogious
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we used to make sites for our coins, telegram chats, buy bots, have voice chats and laugh in them together as we bullposted. when coins got bigger the devs or admins would make discord chats and grant people roles if they verified they actually held the coin. tbh i feel like all we need to do is launch a coin off raydium, someone needs to fund liquidity, and it has to be a meme that’s well known, then we all bull post it, all the big names bull post it, whales add liquidity because they start to believe again and then slowly but surely it grows to a billion dollar coin and suddenly memecoins make a huge resurgence. This will also create good changes and challenge launchpads to make changes, it will revive volume, everybody will win. I know what it takes to do it so if I have to I’ll do it myself. Memecoins are the greatest form of gambling/investing ever created. I know countless people who retired off one play and to this day are set for life. They own multiple houses, they go on vacations and they have enough not to be generationally wealthy but to live a good life. We will get back there. The market always adjusts. I know there’s people out there that still believe and want to be part of a community, that will never die. We will get back to the glory days soon enough. I will never lose faith in this space and I’ll keep building in the shadows until memecoins rule the world again
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