8046
Ryan Sean Adams (rsa.eth)
@rsa.eth #8046
Crypto investor going bankless.
97533 Follower 30 Following
On no Ethereum fees are going down!
Ethereum is doomed!
But wait...is that ETH-denominated TVL increasing...almost as if ETH is being used as money inside a burgeoning L2 economy now that transaction fees are 99% lower?
Couldn't be.
Twitter told me ETH is dead.
Ethereum is doomed!
But wait...is that ETH-denominated TVL increasing...almost as if ETH is being used as money inside a burgeoning L2 economy now that transaction fees are 99% lower?
Couldn't be.
Twitter told me ETH is dead.
The next phase of the Ethereum will be dominated by powerful economic zones.
You can see them rising.
Base, Unichain, Zora = Superchain
zkSync, Cronos, Lens = Elastichain
Polygon, Immutable, Ronin = Agglayer
Taiko, Puffer, Spire = Based Ethereum
These economic zones will have seamless integration and unified liquidity - they'll feel borderless. Each zone will compete and also trade with the others, each specialized in areas where they have a comparative advantage.
Some rollups will remain independent but many will join an economic zone for the growth and liquidity benefits.
This combinatorial soup of apps vs apps within chains vs chains within zones vs zones competing and cooperating all within Ethereum will create a fractaled primordial soup of creative destruction that would leave Schumpeter in awe.
You can see them rising.
Base, Unichain, Zora = Superchain
zkSync, Cronos, Lens = Elastichain
Polygon, Immutable, Ronin = Agglayer
Taiko, Puffer, Spire = Based Ethereum
These economic zones will have seamless integration and unified liquidity - they'll feel borderless. Each zone will compete and also trade with the others, each specialized in areas where they have a comparative advantage.
Some rollups will remain independent but many will join an economic zone for the growth and liquidity benefits.
This combinatorial soup of apps vs apps within chains vs chains within zones vs zones competing and cooperating all within Ethereum will create a fractaled primordial soup of creative destruction that would leave Schumpeter in awe.
Based rollups are based
Tomorrow president Donald Trump is releasing a DeFi token for a DeFi lending protocol on Ethereum 20 days prior to the next presidential election and i just want to say i can't believe this is real life we must live in a simulation
I’m bullish crypto because Ethereum.
Without Ethereum this industry is mostly building banker 2.0.
ETH is money.
Believe in something real.
Without Ethereum this industry is mostly building banker 2.0.
ETH is money.
Believe in something real.
Still friends
This marked the bottom of ETH/BTC
$11B of ETH used as money in L2s
In a world of 10,000 L2s this will grow to trillions
Don’t let haters distract you, the Ethereum economy is growing
Believe in something real
ETH is money
In a world of 10,000 L2s this will grow to trillions
Don’t let haters distract you, the Ethereum economy is growing
Believe in something real
ETH is money
I'm ringside streaming David Hoffman fight Kain Warwick.
I know zero about fight yet I'll be commenting this whole thing like a moron.
Polymarket gives David 27% odds. Underdog.
Join stream at 8pm MDT waiting room. We'll fire it up 15 mins before fight.
Link for stream:
https://youtube.com/live/OxxDFkiCo3c?feature=share
I know zero about fight yet I'll be commenting this whole thing like a moron.
Polymarket gives David 27% odds. Underdog.
Join stream at 8pm MDT waiting room. We'll fire it up 15 mins before fight.
Link for stream:
https://youtube.com/live/OxxDFkiCo3c?feature=share
Haters everywhere.
Easy to hate.
Hate for ETH is at ATHs.
But Ethereum is the only network delivering the full DeFi promise.
Does anyone else deliver nation state censorship resistance?
A gust of wind would knock them down.
Believe in something real.
Believe in ETH.
Easy to hate.
Hate for ETH is at ATHs.
But Ethereum is the only network delivering the full DeFi promise.
Does anyone else deliver nation state censorship resistance?
A gust of wind would knock them down.
Believe in something real.
Believe in ETH.
Unichain is a big deal.
This is Ethereum DeFi fighting back against L1 chains who've recently made inroads.
Full stack DeFi from wallet to settlement at lightning speeds w/ seamless liquidity between Base, OP, and all op chains.
The Superchain will be a major economic zone.
This is Ethereum DeFi fighting back against L1 chains who've recently made inroads.
Full stack DeFi from wallet to settlement at lightning speeds w/ seamless liquidity between Base, OP, and all op chains.
The Superchain will be a major economic zone.
We need a section 230 for DeFi.
We need to make it crystal clear in the US that the developers of immutable DeFi code are not money transmitters.
We need to make it crystal clear in the US that the developers of immutable DeFi code are not money transmitters.
No one is complaining about high Ethereum transaction fees any more. That's progress.
If you don't like memecoins that's fine
Head down, keep building a future you do like.
Head down, keep building a future you do like.
bitcoin is doing store of value
aptos, solana, sui & friends are doing open finance
ethereum is doing defi which includes both store of value and open finance
aptos, solana, sui & friends are doing open finance
ethereum is doing defi which includes both store of value and open finance
What if vitalik's right
What if the rollup roadmap was a 300 IQ genius play to incent the world's best minds to scale ethereum while launching 1000 new economies w/ ETH at the center
What if while everyone's betting on the next ETH killer it's already check mate for alt L1s they're just 12 moves behind
What if the rollup roadmap was a 300 IQ genius play to incent the world's best minds to scale ethereum while launching 1000 new economies w/ ETH at the center
What if while everyone's betting on the next ETH killer it's already check mate for alt L1s they're just 12 moves behind
Actually wild.
Ethereum has already produced 9 chains with gross profit. Over $140m in profit over the 12 months.
Each chain is an economy.
Ethereum is a federated union of economies with ETH as money.
Bullish ETH.
Bullish Ethereum.
The new land of opportunity.
Ethereum has already produced 9 chains with gross profit. Over $140m in profit over the 12 months.
Each chain is an economy.
Ethereum is a federated union of economies with ETH as money.
Bullish ETH.
Bullish Ethereum.
The new land of opportunity.
📈 why is the line in this emoji not green it should be green i've always hated this emoji it could have been great but it's dumb instead
in 10 years i expect most L1s will add aml/kyc checks to their protocols - so gov sanctioned transactions can't be processed
i expect they'll do this in the name of adoption, required functionality to onboard the big capital!
i expect only BTC, ETH, & a handful of others to hold out
i expect they'll do this in the name of adoption, required functionality to onboard the big capital!
i expect only BTC, ETH, & a handful of others to hold out
chain maximalism peaked in the 90s
Quiz: what is the actual settlement layer for cbBTC?
It's not Bitcoin.
Nor Ethereum, Arbitrum, Base, or any L2.
The settlement layer for cbBTC is Coinbase Global, Inc, a Delaware corporation - backed by Delaware corporate law & secured by the USA property rights system.
It's not Bitcoin.
Nor Ethereum, Arbitrum, Base, or any L2.
The settlement layer for cbBTC is Coinbase Global, Inc, a Delaware corporation - backed by Delaware corporate law & secured by the USA property rights system.
ETH Roadmap, what do?
Now everyone's had a chance to listen to Max and Mike episodes
Max says make the L1 great again. Change roadmap to prioritize execution.
Mike says settlement, DA, execution in that order. Existing roadmap good.
So who's right?
Max - Is the Ethereum roadmap off track?
https://youtube.com/watch?v=FLUJ0uLye0U
Mike - In Defense of the Ethereum roadmap
https://www.youtube.com/watch?v=34uqTIPuOjg
Now everyone's had a chance to listen to Max and Mike episodes
Max says make the L1 great again. Change roadmap to prioritize execution.
Mike says settlement, DA, execution in that order. Existing roadmap good.
So who's right?
Max - Is the Ethereum roadmap off track?
https://youtube.com/watch?v=FLUJ0uLye0U
Mike - In Defense of the Ethereum roadmap
https://www.youtube.com/watch?v=34uqTIPuOjg
L2 economies growing before our eyes.
Hard not to be bullish Ethereum.
Hard not to be bullish Ethereum.
Just minted this @bankless culture on @zora to celebrate Hester’s incredible performance at the congressional hearing yesterday
The fight against Darth Gensler continues!
https://zora.co/collect/zora:0xd00102af4a59dd100c68cc53c790bc46e72f7b14/1?referrer=0xb8813d971a01b51fbf4f8a311e8005b47b75c2aa
The fight against Darth Gensler continues!
https://zora.co/collect/zora:0xd00102af4a59dd100c68cc53c790bc46e72f7b14/1?referrer=0xb8813d971a01b51fbf4f8a311e8005b47b75c2aa
watching the grilling of gary live
THE 5 are assembled....Gary up first.
join stream
bankless.cc/GrilledGary
THE 5 are assembled....Gary up first.
join stream
bankless.cc/GrilledGary