Michael Depetrillo

@klassicd

215 Following

33 Followers

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Michael Depetrillo

I think it's a good thing that Ethereum's greatest narrators aren't the Foundation or its founder. That's how it should be, just as Satoshi showed, and why Vitalik and Aya might be right about the power of subtraction. https://youtu.be/6L9QNgA5pz8?si=9Ob9eoblL75eFkih

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Michael Depetrillo

This is part of the endgame for blockchains. The new SEC Commissioner wants to make IPOs easier and broaden public access through scaled regulation for startups, tokenization of private securities, and regulatory sandboxes for decentralized experimentation. https://x.com/HesterPeirce/status/1920487518471946589

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Michael Depetrillo

My biggest takeaways from the State of JavaScript survey: Developers love Vite and Astro for frontend. Vitest has higher satisfaction and retention than Jest. Tauri & Expo should be considered for cross platform development. If you're not using TypeScript, you're in the shrinking minority. https://2024.stateofjs.com

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Michael Depetrillo

degenspartan lives https://www.egirlcapital.com/writings/XGQ5a2hwQWepHxeHEDrXmg

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Michael Depetrillo

Don't think anon casting will work unless they are more curated. Can't have a single account with thousands of voices expressing highly different opinions and styles.

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Michael Depetrillo

What's the best way to be notified by email if a Safe account recovery has been initiated?

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Michael Depetrillo

Do most community led sessions happening in classrooms, specifically MUD tomorrow, require a laptop? My battery is dead 😫.

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Michael Depetrillo

Can't post feedback in the official channel for /coinbasewallet feedback cause I'm not a member, but it's not working with Devcon passport 😫.

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Michael Depetrillo

Why did Vitalik lose the debate on Gnosis becoming an L2? He didn’t counter key points: Ethereum’s roadmap, like ePBS, could harm decentralization, and Gnosis—backed by many solo stakers—may be the best hope for a truly decentralized alt L1. Why should GNO validators give up business to ETH stakers? I still think Gnosis becomes a L2 because their core products like Safe and Pay have more utility & reach in a cross chain ecosystem.

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Michael Depetrillo

Anyone else see an issue with 4 entities controlling 18% of EL operators (EtherFi, Renzo, Swell, Unit 410)? I'm sure they'll claim each operator is run independently, but if the DAO can revoke/replace operator control I don't see how it matters. This will continue to squeeze solo stakers out of participating.

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Michael Depetrillo

My biggest takeaways from the must-read a16z State of Crypto 2024 report: - Stablecoins are now a top 20 U.S. debt holder, surpassing countries like Germany. - $8.5 tn in stablecoin volume in Q2, more than double Visa ($3.9 tn) and dwarfing PayPal ($0.42 tn), but still behind ACH ($21.6 tn) and Fedwire ($284 tn). - 4 of the top 5 rollup gas consumers are gaming-related. https://a16zcrypto.com/posts/article/state-of-crypto-report-2024

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Michael Depetrillo

ETH gets criticized for not capturing more L2 fees, but most BTC fees are taken off-chain by centralized exchanges and banks. Is this what they mean when they say 'narrative follows price'?

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Michael Depetrillo

If you're a @bankless member you get 70% of Bankless Summit the day after Devcon. The speaker list is insane. See September Citizen Update email for the coupon. https://lu.ma/0bpju5ic

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Michael Depetrillo

This app is incredibly broken right now. Can't respond to posts from friends, /ethereum has 300k followers who can't engage with 0.001% membership, posts with all the replies below the fold, not worth mods time to individually manage members, who the hell wants a public group chat where the public can't engage!?

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Michael Depetrillo

There are 1.2m members of r/ama. Now imagine if you had forced 10 moderators to manually invite every member. That's 2000 hours of labor at 1 minute per invite. It could even take longer if mods are supposed to subjectively decide if you're a bot or not.

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Michael Depetrillo

Paying $10/yr to join a generic topic channel like /gaming doesn't solve anyone's problems. Sure maybe you'll have less bots but they won't care cause there'll be no good content or engagement.

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Michael Depetrillo

So early users who squatted globally relevant channels effectively have a monopoly over public discourse and exploitive pricing control.

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Michael Depetrillo

What is going on with Warpcaster? I can't read comments or engage with channel posts unless I join the channel? Doubt Reddit would have succeeded with this strategy. Then my comments are buried under a show more link while *+1" replies are highlighted? Why even bother taking time to engage.

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Michael Depetrillo

This narrative that Ethereum has abandoned L1 scaling doesn't match what I'm reading from EF researchers in this Reddit AMA https://www.reddit.com/r/ethereum/comments/1f81ntr/comment/llbyqky/?utm_source=substack&utm_medium=email

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Michael Depetrillo

Enlightening article about how Web Proofs / zkTLS will help break crypto out of it's self-referential ecosystem and unlock mainstream adoption. https://www.nascent.xyz/idea/cryptos-airtag-moment

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