armaniferrante

Reminder that @Backpack is the most developer friendly @solana wallet. The only one supporting, devnet, localnet, and any custom RPC url for your programming needs. Turn on developer mode in settings, and give it a shot.

The China test.

If you wouldn't deposit your money into a decentralized app created by the CCP, then it's not on chain.

If you've been in crypto for more than one cycle and you haven't launched a token, you're kind of the definition of middle of the curve.

Konwersja dust jest na żywo na @Backpack. Teraz możesz przekształcić te uporczywe pozostałe salda tokenów w dolary.

Mała cegła to wciąż cegła.

🧱🧱🧱

Convert dust is live on @Backpack. You can now convert those pesky leftover token balances into dollars.

A small brick is still a brick.

🧱🧱🧱

classic @coinbase

I really wish there was an easy way to create and redeem USDT. Circle makes it really easy to manage USDC liquidity across networks, but Tether doesn’t really provide anything as far as I’m aware.

Most DeFi debates would make more sense if we decomposed DeFi into two different categories: Autonomous Finance and Verifiable Finance.

Maybe dumb, maybe awesome centralized exchange architecture:

- l2 for the market with a centralized sequencer
- on top of a fast l1 like solana (you MUST have fast block production otherwise you have serious risk issues for closing positions and dealing with liquidations as markets move)
- keep centralized custodian (too many compliance benefits from being a qualified custodian to not do that and it’s no different than usdc anyway)
- all assets traded on exchange are minted from the custodian as wrapped assets onto solana for deposits and withdrawals to/from the l2

Maybe dumb, maybe awesome centralized exchange architecture:

- l2 for the market with a centralized sequencer
- on top of a fast l1 like solana (you MUST have fast block production otherwise you have serious risk issues for closing positions and dealing with liquidations as markets move)
- keep centralized custodian (too many compliance benefits from being a qualified custodian to not do that and it’s no different than usdc anyway)
- all assets traded on exchange are minted from the custodian onto solana for deposits and withdrawals to/from the l2

Performant CLOBs are a commodity. Making it fast is the easiest part. The magic of Hyperliquid is not in the tech, it's in the name. Liquidity. If you don't have Chameleon, and you don't have HLP, you need something else to bootstrap.

Hyperliquid

W każdej cyklu widzisz to samo. Nowe narracje. Nowi ludzie. Nowe lemingi goniące za najnowszym. Czy ceny rosną, czy ceny spadają, miej swoją wizję. Zbuduj ją.

Jeśli uwolnisz się od myślenia poza jednym cyklem, jasne jest, że będzie ogromna premia za globalnie rozproszoną realizację DeFi.

Porównanie derbów konnych pokazuje, jak nie mamy języka do produktywnej dyskusji na temat protokołów kryptograficznych. L1, L2 itd. to bezsensowne żargony używane przez różnych ludzi do oznaczania różnych rzeczy. Przeformułuj rozmowę w kontekście tego, co interesuje użytkowników: aplikacje, bezpieczeństwo i ryzyko.

To trochę szalone, jak Coinbase nie obsługuje USDT na Solanie.

just another Thursday at Coinbase

Crypto traps itself in moral arguments to disguise the lack of users. Escape by finding folks outside and bring them into the fold. People throw stones not because you're on a different chain, not because your tradeoffs--but because they think you're stealing their users.

Prawie wszystko o giełdach, zarówno scentralizowanych, jak i zdecentralizowanych, można wyjaśnić w prostym, zrozumiałym języku, ponieważ nie można kłamać o przepływie gotówki.

It should be fairly obvious the optimal market structure for Nasdaq will be different than the optimal market structure for decentralized Nasdaq.

Poranna kawa:

Eliminacja natychmiastowego rozliczenia uczyniłaby kryptowaluty o 80% bezpieczniejszymi dla wszystkich. Nie musi to być koniecznie na poziomie rdzenia protokołu, ale prawdopodobnie powinno być na poziomie aplikacji, jeśli chcemy, aby normalni ludzie to używali.

☕️