48
Eddy Lazzarin 🟠

@eddy #48

CTO @a16zcrypto, lover of https://github.com/a16z/awesome-farcaster
128671 Follower 301 Following
Here's another version of the chart I like. Network tokens are great — it's the thing that excites me most about crypto. Arcade tokens are imo very underexplored ($FLY is a new, developing example).
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/a02f1e06-c88b-425a-3ee9-336ddf6ec400/original
48
Eddy Lazzarin 🟠
@eddy·14:36 05/03/2025
The industry is mature enough that we can categorize tokens based on their legal, economic, and technical properties. It shouldn't be surprising that not all tokens have the same legal status or long term economic prospects!

https://a16zcrypto.com/posts/article/defining-tokens/
The industry is mature enough that we can categorize tokens based on their legal, economic, and technical properties. It shouldn't be surprising that not all tokens have the same legal status or long term economic prospects!

https://a16zcrypto.com/posts/article/defining-tokens/
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a16zcrypto
@a16zcrypto·14:23 05/03/2025
Here's a useful way to categorize tokens -- from network tokens to memecoins, plus a handy flowchart to help figure things out.

Token definitions: https://a16zcrypto.com/posts/article/defining-tokens/

Company-backed vs. network tokens: https://a16zcrypto.com/posts/article/network-tokens-vs-company-backed-tokens/

by @milesjennings, @skominers, & @eddy

Defining tokens

How to distinguish seven different types of tokens: network, security, company-backed, arcade, collectible, asset-backed, and memecoins

a16zcrypto.com
Can't believe the Project DIGITS computer is available in May.
Everyone is talking about payments.
/crypto
The "network" in network state should stand for network effect, which is how all states form: they marshal resources created by network effects and maintain control of them.

Technology has created opportunities for new kinds of network effects and eroded old ones — implying that there could be new kinds of states.
What are the best true “OSR” rulesets and campaigns?
/Tabletop
Has anyone played Shadowdark or Adventurer Conqueror King System: Imperial Imprint (ACKS2)? I’m hearing great things about both.
/Tabletop
What are the best OSR style TTRPG rulesets? Shadowdark is coming up now but what others do people really like?
If this story makes sense and works, then "pay by USDC" / "pay by crypto" could work even better. I'm hoping to see this with Stripe's new crypto payment product.
646
Shashank
@0xshash·14:04 19/08/2024
stripe is trying this with "pay by bank"
/crypto
Dream camera, wish it existed:

- compact (Ricoh GR III-sized)
- physical knobs for shutter speed, aperture, and ISO
- SD card
- charges via USB-C with swappable battery
- modest zoom (~24-50 range would be great) but fixed would be fine
This is one of my favorite podcasts episodes — it's about on a recent event in COMP governance, but the best part is talking with Andy Hall (a16z crypto research + Stanford) about ways crypto can uniquely solve gov challenges in new, really compelling ways.

https://warpcast.com/a16zcrypto/0x90b72132
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a16zcrypto
@a16zcrypto·15:37 15/08/2024
In this new episode, we not only break down the recent Compound “governance attack” -- including discussing whether that's the right label for it or not -- but also cover online vs offline governance attacks in general, possible solutions to such governance attacks in the specific, and more.

with Andy Hall, @eddy, @shuel.eth, @smc90

🎙

Tune in: https://web3-with-a16z.simplecast.com/episodes/dao-governance-voting-attacks-onchain-vs-political-systems
/crypto
Why and how should you launch a network token? I gave this talk at our Crypto Startup Accelerator in London about the reasons for launching tokens, and when + how to launch them. Enjoy!

https://www.youtube.com/watch?v=miAbQdXg6Gc
/crypto
more like footage of @bayardo.eth carrying the /sbc channel on his shoulders

https://warpcast.com/eddy/0xf0337d71
48
Eddy Lazzarin 🟠
@eddy·21:37 07/08/2024
unedited footage from Science of Blockchain Conference in NYC today
/SBC
unedited footage from Science of Blockchain Conference in NYC today
/crypto
I've heard that you can pay with crypto on Stripe, but I haven't seen this yet. Are there any merchants where this is enabled? I'd like to try.
/crypto
Do NFT royalties have a future in crypto? The possibility of ensuring that creators get paid directly, even as assets change hands, is attractive. But there have been deep technical and economic obstacles in the way.

This piece outlines the challenges around transfer royalties + a few very crisp new ideas!
571
Michael Blau
@michaelblau·19:11 26/06/2024
NFT royalties were never enforced onchain, even though everyone expected them to be.

Onchain royalties on secondary sales have always been an important value proposition of NFTs, but they’ve been misunderstood for a while now. In a way, NFT royalties reached product-market fit before there ever was a “product.”

Creators now have a few different solutions to choose from, but each come with tradeoffs that can be difficult to navigate.

So how do NFT royalties work, and why have they been so challenging to implement?

Here are some thoughts from @skominers, @darenmatsuoka, and myself on current designs, along with a few new ideas.

Full post 👉 https://a16zcrypto.com/posts/article/how-nft-royalties-work/
/crypto
Is there anyone who reliably follows the best casters? I'd like to add more sources of good people to the Automod for /crypto
/crypto
@linda and I had to physically onboard Robert to FC
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/04c360d0-1062-4320-9699-925061637c00/original
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Robert Leshner
@lesh·01:43 25/05/2024
How do you do fellow kids
/Welcome
I’ll be watching the FIT21 bill debate live at 12PM ET on CSPAN. I hear the vote might be at 4PM. Any group chats convening to watch together?
/crypto
Caffè Panna was exceptional. Mild vanilla and light sweetness. The high butterfat (visible in the picture) made for a perfect texture and milky taste. Honestly one of the best: 9.5/10
https://imagedelivery.net/BXluQx4ige9GuW0Ia56BHw/8266b437-379c-483c-4cbf-8228f0d89000/original
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/scoop
Notable vanilla soft serve in NYC:

- Ray's Candy Store (East Village)
- Softside (Nolita and Greenpoint)
- Ralph's (East Village)
- Soft Swerve (many locations)
- the Solato machine (22 Vanderbilt)
- Mr. Frostee (trucks)
- New York Ice Cream (trucks)

Not in order, I've tried all of these. Love soft serve.
/scoop
🍦 looks like soft serve or frozen custard, not ice cream. Unfortunately, soft serve is dispensed or extruded and not scooped. :'(
/scoop
Performance reviews are daunting and a lot of work, but after you get deep into revisiting what everyone has achieved over the last year the pride is incomparable. The team ships. 🥲
Memecoins have been around for a while and haven't changed much. They aren't going away, but they won't be a source of lasting innovation either.

Memecoins are just a symptom of other powerful and promising phenomena on the web: memes, social networks, permissionless verified computation, and more. Focus on those.
373
Jayme Hoffman
@jayme·07:52 21/04/2024
CoinMarketCap in 2013

"Memecoins have been around for a while" @eddy
I just got a peek of the tech tree for Jolt and it's incredible: one of the best learning opportunities in crypto and we have a budget for external contributors. Jolt is the simplest zkVM by a long shot.
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/zk
Interesting example of a bot that reads channel names, generates a generic platitude, and then posts it in the channel.

Likely farming reputation, followers, etc.
https://i.imgur.com/zKzzaPB.jpg
The cryptography in Iron Fish is under appreciated imo
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Jolt Alpha it out and it's crazy fast with more optimization opportunities remaining than any other zkVM. Since uses a many-round polynomial IOP based on sum-check + a commitment scheme for multilinear polynomials, it hasn't had all the eyes on it (like other methods). Lots of low-hanging fruit to PROVE FAST.
https://i.imgur.com/iORdjUr.jpg
/zk
What are the strongest arguments for and against L3s? Assuming they’re properly secured (zk or fault dispute game).
How many Eddies have their name misspelled "Eddy" all the time?

Sometimes I have people message me "hey Eddie!" in a group chat where my name is on the screen. Not sure how this happens.
/eddie
Hard to argue with these four as the key blockers to mainstream adoption.
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When memecoins have a moment, people who know better make tortured rationalizations. Normally they might see casino behavior as zero-sum or short-term, but fomo can use the full intellect to justify itself with elaborate stories.

gm to people building crypto's real potential ☀️
Here's a new protocol out of our research lab: a market for atomic data exchange.

Could use this to create a market for expired 4844 blob data, or other witness data after statelessness comes to Ethereum. What do you think?

https://a16zcrypto.com/posts/article/new-paper-alert-fair-data-exchange/
Two weeks left to apply to Crypto Startup Accelerator (CSX) for our NYC cohort later this year. The London group looks incredible and starts soon. If you have any questions, send me a message on Warpcast!

https://apply.a16zcrypto.com/
Taxing by inflating the money supply is so tempting politically because peoples’ first instinct is to blame the retailer for price changes. It’s not intuitive to identify the problem in the money.
Everyone knows what a wheel’s “spokes” are. The outer rims are called “felloes” and were made with bent, heated wood in the bronze age.
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Ancient chariots (late bronze age) were extremely light, made with multiple kinds of wood chosen for their unique properties.
https://i.imgur.com/bOCuMzK.jpg
Had a huge breakthrough on a protocol design today and it came from drawing the protocol on a whiteboard and immediately seeing a visual metaphor leap out.
It says a lot about Farcaster's community that one of the biggest channels is for /founders
Retiring this little guy for a bit, uploaded back when I had a dozen followers on Farcaster.
https://i.imgur.com/wGnjbDi.jpg
Do not accept anti-dilution provisions or fixed token allocations in deals with VCs. I've been seeing too many companies with provisions like this in term sheets.

https://x.com/milesjennings/status/1744790973891371213
Probably the highest IQ:TAM ratio Frame so far. 😅
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Farcaster unbundles the client from the protocol. A consequence is that other services like discovery, antispam, ranking, and monetization are also unbundled.

There's an exciting opportunity in offering these services to clients. And it only makes sense in the crypto setting with a robust, open protocol.
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Norms around /crypto:

Posts that are just speculation about prices and charts will get hidden. If your post has a $ that’s a red flag. Particularly bad posts might lead to suspicious accounts being banned.
Review of Read Write Own by a friend in the entertainment technology industry. She finished it over the weekend.
https://i.imgur.com/MfLE23v.jpg
What a triumph that Supercast (what I'm using now) works perfectly, my hub is still working perfectly, despite Warpcast being down. Moments like this are what makes Farcaster feel like "just another part of the internet".
I love this because making a Frame is probably the fastest way to make an interactive experience someone could use with a new programming language

simple and brilliant
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Storing recurring utility frames seems like a natural path. It’s like saving a widget.
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