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@dani1

42 Following

15 Followers

Sassal.eth pfp

Layer 2's don't just scale Ethereum blockspace - they also scale the use of ETH as programmable money and as a store of value. Scaling the network effect of ETH as an asset is critical to driving value to ETH and it is a much more important value driver than anything else.

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

Ethereum is a property rights system for machines. Humans first, yes. But bots will be the main users. You think an AI agent can walk into a bank branch an open an account? Ethereum will bank the unbanked. The machines will be bankless.

7 replies

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

I've seen ETH sentiment this bad three times. 2016 - after the DAO hack they said smart contracts will never work but tokens were about to be a killer app 2019 - two years of bleeding they said ETH was a worthless gas token but DeFi was building And now... 2024 - a half cycle of underperformance they're saying ETH is old tech and L2s are parasitic but Ethereum is on the cusp of becoming a federated union of chains It's once again unpopular to believe ETH is money. Lovely opportunity. Contrarian bullish is how you earn the gains.

5 replies

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

And I think L2s were a good idea.

2 replies

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

Unpopular opinion: ETH is money.

7 replies

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40 reactions

Jesse Pollak pfp

@jesse.base.eth

stablecoin payments growing fast on @base.base.eth

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290 reactions

Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

ETH is the Nvidia of Tokenization

5 replies

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38 reactions

Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

Vitalik today "There is a near-unlimited number of blockchain projects aiming for the niche of 'we can be super-fast, we'll think about decentralization later'. I don't think Ethereum should be one of those projects." This is why Ethereum is awesome. https://vitalik.eth.limo/general/2024/05/17/decentralization.html

2 replies

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D pfp

Why is no one talking about BlackRock’s 576-1 record? Next week it might get to 577-1, but people have lost hope

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D pfp

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Jesse Pollak pfp

@jesse.base.eth

when did you get based?

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482 reactions

Sassal.eth pfp

The most entertaining outcome at this point is that the SEC approves the spot ETH ETFs Study May 23rd

10 replies

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Matt Huang pfp

Beyond the Stripe payments announcement this week, it might be less known that they already support fiat on-ramp (eg buy ETH with credit card on Metamask via Stripe). This is even more powerful with Stripe Link (https://stripe.com/payments/link) which pre-fills payment info for those already in the Link network.

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Matt Huang pfp

1000x improvement on throughput x cost in ~2 years is pretty incredible

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

During times of geopolitical uncertainty the only three assets i want are ETH, BTC, and dollars.

8 replies

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

Let's blame grocery stores for inflation rather than the $5 trillion in printed money during covid. Politicians assume we're dumb. We're not dumb we're buying crypto.

9 replies

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D pfp

I think it is kind of number 3, but money not in the transactional term (medium of exchange), but in it as the most trustless asset in the network/economy, with least counterparty risk (store of value)

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Ryan Sean Adams (rsa.eth) pfp

Ryan Sean Adams (rsa.eth)

Coinbase is moving its business onchain Eventually all crypto exchanges will move onchain Then banks Every asset is a future token Every bank is a future chain Ethereum is the world's settlement layer

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Base pfp

Since we rolled out 4844, we’ve seen a 5x increase in demand on Base, driving fees back up To reduce fees and scale, we’re increasing the gas target 50% (to 3.75 mgas/s) tomorrow and then to 5 mgas/s following an observation period, targeting early next week

19 replies

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706 reactions

Vitalik Buterin pfp

Vitalik Buterin

"Basic rollup scaling" milestone achieved! Next milestones are likely verkle trees and history expiry.

63 replies

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1996 reactions