✳️ dcposch

@dcposch.eth

2286 Following

311616 Followers

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https://x.com/dcposch/status/1925390100516806972

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Guys, accounting is unsolved even for basic stablecoin txs. An ironic and odd situation. Tradfi runs on myriad fugly FTP formats, yet the one fully transparent, precisely defined ledger is actually... somehow much harder to do accounting for. I've tried all major options including Integral. Who is fixing this?

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Re "decentralized nasdaq" aspiring to three nines = ~1 hour a month of chain downtime. Actual nasdaq does >>99.99% -- last time they were down over an hour was 2013 and it was a big news event https://en.wikipedia.org/wiki/August_2013_NASDAQ_flash_freeze

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Real engineering culture difference. Here's the founder of Solana tweeting 150+ hours of mainnet downtime, including 4.5 hours last year--cause undetermined (!)--as if NBD. "We'll get to three 9s of uptime in a decade." Ethereum has zero downtime since launch. https://x.com/aeyakovenko/status/1922713025825444099

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Biggest rpc issues: 1. ETH transfers don't emit logs. This one is terrible, 7708 can't come soon enough. 2. Logs etc come w block # only, not block time. So many extra calls. 3. See below What else?

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Ethereum is the universal ledger, connecting all the others.

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https://x.com/dcposch/status/1922021028827381923

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Challenge: Polymarket, the most robust PMF ethereum app, is stuck at $100m OI and ~20k DAU. Where does the next 10x come from?

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Bad bug in Rabby. - balance shows sufficient balance, both in wallet and Etherscan - transfer fails with "insufficient balance" ...digging in, it's because Rabby internally has an extra pending tx that never made it onchain & is simulating as of AFTER that (completely hidden) transaction.

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Wow-no leaks, no alpha. The new pope was at a stone cold 0% 8 minutes ago!

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haven't read the whole thing, but this part is beautiful

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The pass-fail challenge for Ethereum is DAU. The #1 EVM app right now by sticky, organic (not airdrop- or otherwise incentive-based) usage is probably Polymarket with ~20,000 DAU. The top market on Polymarket's home page right now has a depth of ~$5,000. This year, we fix it or die.

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We're live in the World app. Excited to show more later this week. Ethereum will feel like apple pay: a single unified ecosystem, one prompt, instant transactions.

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Great seeing everyone over the weekend! & congrats to @esteez.eth @ted and everyone else who ran events. good times

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@checkin https://app.checkincaster.xyz/f/BcIj_e6Wt6HnwA?fid=56

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Has anyone here successfully hired a temporary assistant in SF? There’s a list of things I need to do but don’t have time for.

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Real World Ethereum means you can buy useful things globally, instantly & without bureaucratic permission. Sick app @kartik https://warpcast.com/kartik/0x2a93eccf

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so "market manipulation" is bad, but an app dedicated to pure distilled pump-n-dumping is good? how does that work?

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@phantomwallet has a crazy bug where, if a page *contains a link it doesn't like*, it will block the whole page. Googled something and, instead of search results, got this. Fixed by disabling Phantom.

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