We’ve been flooded with crypto founders asking what the recent election means for their projects.

TLDR: We have an incredible opportunity to build on the bipartisan progress from the last Congress and bring the best of crypto to the world.

You’ll hear a lot of speculation and hot takes in the coming weeks, but it’s too early to tell how everything will shake out.

Nevertheless, we believe that we now have a future where we can deliver on the many consumer benefits that we’ve been excited about: giving people ownership over their digital identities, new business models for creatives, low to no-fee cross border transactions with stablecoins, development of physical infrastructure like energy grids, and so much more.

We’re optimistic that with clearer rules, it will make it easier to identify and shut down bad actors and allow well-meaning projects to take off.

The future of crypto in the U.S. is bright! 

https://a16zcrypto.com/posts/article/a-positive-path-forward/

High Frequency Trading (HFT) is Good Actually. https://t.co/yGYehVI0OC

Here’s an audit of homebrew

https://blog.trailofbits.com/2024/07/30/our-audit-of-homebrew/

$DEGEN

Full-stack web3 developer, learn more about my projects here: https://github.com/tempe-techie 

9/ How to Prevent Swapping Errors Like Mine in the Future

There are three major UI changes that need to be implemented into the Degen Chain Bridge (cc @decentxyz & @jacek):

1. Remove the alert about the 7-day waiting period. This alert is incorrect and leads users to believe they are using a canonical bridge when they are not.

2. The Max slippage value is confusing/incorrect. It leads people to believe that the max slippage for the bridge swap is 1%, which is not true.

3. Disable the Swap button if slippage is greater than 5%. Let the user manually select a higher slippage percentage in the settings. This is a very common practice on DEXes to protect users.

Whenever someone says a project has so many partners, so much marketing, so much traction by "influencers", remember this image: https://x.com/TheFlowHorse/status/1811139261590085641

Money can't buy you an interested audience.

Quilibrium

Seven years goes by fast. What started as an educational series blossomed into a discord clone, then finally Q. This Sunday, I'm returning to my old Twitch account to do a stream, open Q&A (pls don't be super unhinged), and demo a little bit of the dev process for Q. 6:30pm PDT/1:30am UTC. https://twitch.tv/0xCassie

Farcaster

Hi Casters. If you want to see the future of nuclear power, check out this animated video of the Kaleidos reactor to see how it works and what it can do. Disclosure: USV is an investor in and I am on the Board of Radiant, the developer of Kaleidos https://www.radiantnuclear.com/

https://lfzkoala.github.io/2024-06-16-late-night-rant/

Warpcast

i remember having the public/private likes convo with @dwr.eth when warpcast was rolling out the “likes” tab on the profile.

he said it was a discovery tool. 
i said it was a cancellation tool.
we all know how every debate with @dwr.eth ends.

interesting X will now move them private. 

thoughts?

higher

There are 1000s of casts broadly related to /higher posted each day across FC.

What's interesting is that only around 10% of those use '↑' while the rest just mention the word 'higher'.

Going to add some regular metrics around higher to @tybb (courtesy of a suggestion from @kugusha.eth) 

↑

BUILD

today i nominated @dwr.eth, @v, @horsefacts.eth, and spiritually the rest of the @farcaster team for creating this incredible platform for us to all exist on. i couldn't be more excited about the positive impact that farcaster will have on the world.

build.top

HIGHER

https://lfzkoala.github.io/2024-05-22-meme-vs-value/

Lounge S1: Software Founders

time for some /lounge talk, answering @cameron's prompts:
1. How did you discover Farcaster?

A few years ago I was publicly tweeting about a project I was working on, a decentralized alternative to discord (Howler) and the infra to serve it (Quilibrium). Varun saw my tweets, and sent me a DM.

Cassie is one of most talented builders I know

A new book on hash-based SNARKs is out! snargsbook.org

The book is a comprehensive treatment of the foundations of hash-based SNARKs. Definitions, theorem statements and proofs are rigorously covered from first scratch.

A monumental effort by Ale Chiesa and Eylon Yogev—the fundamentals have never been stronger :)

reply guys

Farcaster Devs

fc-updates

Decentralizing channels update

1. Phase 1 goes live Thursday morning Pacific time (May 23).

2. All channels will start in unmoderated / Priority mode.

3. Will be easy to add a moderator on mobile and web.

https://warpcast.notion.site/Public-v2-Decentralized-Channels-535ffce48c95413ea81bc89d6170fd99?pvs=25

Warpcast public channel APIs will return the new channel moderator as moderatorFid. We'll be keeping hostFids around for a few weeks. Docs updated at

Warpcast public channel APIs will return the new channel moderator as moderatorFid. We'll be keeping hostFids around for a few weeks. Docs updated at https://docs.farcaster.xyz/reference/warpcast/api

Excited to share the news about our recent fundraise!

Excited about this raise - it let's us take a long term view to building and growing Farcaster over the next few years.

https://paragraph.xyz/@quilibrium.com/mission-above-all

I wrote a bit about Farcasters consensus model, and the specific tradeoffs we had to navigate. 

Planning on sharing more broadly tomorrow, any feedback is appreciated!

https://www.varunsrinivasan.com/2024/04/28/the-goldilocks-consensus-problem

After experiencing Farcaster a week, I feel Farcaster is the right place for Web3 people

Building AI + Crypto | Crypto consulting at Fertile Fields Labs | Web3 invest at Pepper Ventures | Limited Partner | ex-Coinbase lead cryptographer

Daniel Z.

@lfzkoala