BatShark.eth

You’re gonna need a bigger boat.

[BatShark.eth @BatSharkCrypto]

@Ashcryptoreal Bro you say this at least 3x a week. Find new content

[BatShark.eth @BatSharkCrypto]

@GaryGensler @SECGov Phoque Ewe fageaux. You’re a disgusting representation of the stagnation in American innovations…and I hope someone parks a steamroller on you ya feckin schmuck

[Elizabeth Goitein @LizaGoitein]

If the bill becomes law, any company or individual that provides ANY service whatsoever may be forced to assist in NSA surveillance, as long as they have access to equipment on which communications are transmitted or stored—such as routers, servers, cell towers, etc. 6/25

[Martin @martkiro]

10X faster and ~$1850 cheaper using @QuickNode vs. @AlchemyPlatform

Tried using both node providers for backfilling transactions receipts which I needed for indexing @base and was pretty shocked at the difference in costs between the two providers

Here's the breakdown:

I need transaction receipts downloaded for every transaction and for every block ~ 12.5M blocks for Base

Unlike e.g. @infura_io both Alchemy and QuickNode have a convenient JSON RPC method for getting all receipts in a block with a single request

Alchemy has "alchemy_getTransactionReceipts"
QuickNode has "eth_getBlockReceipts"

But here's the difference:

Alchemy charges 250 credits for their endpoint while QuickNode only 20 credits

20 * 12.5M = 250M credits meaning you can download all receipts on Base using just the
"Build" plan which is $50

On the other hand, with Alchemy you need to spend 250 * 12.5M = 3.125B credits, which on the Scale plan will cost you $289 (for the first 1.5B credits) + 1625 * $1 (for the other 1.65B credits) - so $1914 total

So what about the speed of downloading?

Alchemy offers a base throughput of 3000 credits / second compared to QuickNode's 2500 credits / second

But because Quicknode's "eth_getBlockReceipts" is only 20 credits - I am getting approx. ~10X higher throughput

I haven't looked into other node providers - but curious to know how other node providers compare

[BatShark.eth @BatSharkCrypto]

Welp, here come all the cryptard influencers who’ve been hiding in the shadows pretending to be generative AI geniuses for the past 18 months…

[BatShark.eth @BatSharkCrypto]

@EndWokeness @elonmusk And in addition, pass sweeping legislation that renders all means of acquiring the most common home defense weapons illegal.

[BatShark.eth @BatSharkCrypto]

@sama 1) What.

[Joe Lonsdale @JTLonsdale]

.@SenWarren & @LindseyGrahamSC want a licensing body for tech companies, inspired by the Nuclear Regulatory Commission.

Stopping tech like the NRC stopped nuclear innovation is bad enough. It would also be a censorship weapon!

My @WSJ op ed on the “DCPC”
https://t.co/SVg1X94K2y

[Paul Grewal @iampaulgrewal]

It's obvious that there’s a lack of clarity among our regulators regarding crypto, as even the chair of the SEC has declined to say which crypto assets are securities. 3/4 https://t.co/6HZak3dzk9

[Paul Grewal @iampaulgrewal]

Land that I love: wake up. We don't have a God-given right to lead any innovation. Other countries aren't just sitting around.

[Brian Armstrong @brian_armstrong]

1/ Today Coinbase received a Wells notice from the SEC focused on staking and asset listings. A Wells notice typically precedes an enforcement action.

[Miles Deutscher @milesdeutscher]

#Bitcoin won’t hit $1m in 90 days.

But the hyperbitcoinization theory just got a whole lot more attention.

@balajis is using his outlandish bet as a vehicle to perpetuate this narrative. And it’s working.

Powerful strategy.

[BatShark.eth @BatSharkCrypto]

Good primer on liquid staking

#web3

https://t.co/VJwdf1CTZN

[BatShark.eth @BatSharkCrypto]

RT @milesdeutscher: If you had told me 12 months ago that:

• FTX collapses
• LUNA goes to 0
• 3AC/BlockFi/Celsius implode
• USDC de-pegs
•…

[Justin @jpblincoe]

I just realized that if this had happened a year ago, FTX / Alameda would be purchasing SVB as we speak.

And Gary would be on the horn with banking regulators encouraging them to approve.

[BatShark.eth @BatSharkCrypto]

@WhaleChart $TIME Wonderland.

[The Figen @TheFigen_]

Please do not dispose of soiled underwear in the lavatory. We hope you have enjoyed our flight, and look forward to your future travels with us...

[Brian Armstrong @brian_armstrong]

America risks losing it's status as a financial hub long term, with no clear regs on crypto, and a hostile environment from regulators.

Congress should act soon to pass clear legislation. Crypto is open to everyone in the world and others are leading. The EU, the UK, and now HK.

[Brian Armstrong @brian_armstrong]

1/ We're hearing rumors that the SEC would like to get rid of crypto staking in the U.S. for retail customers. I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.

[BatShark.eth @BatSharkCrypto]

@FakePearBear Delete them