CryptoGareeb.eth | NDH 💜

[ChatGPT @ChatGPTapp]

A preview for Pro users: a new personal finance experience in ChatGPT.

Pro users in the U.S. can securely connect financial accounts, see where their money is going, and ask questions based on the information they choose to connect.

Your full financial picture, now in ChatGPT.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

The markets only rewards speculative use cases onchain, but our DNA isn't wired for that, the only way for us is to onboard and grow meaningful real world use cases on our chain.

Payments on @0xPolygon is that bet for me.

[Kelp @KelpDAO]

Kelp, alongside @aave, @ether_fi, @LayerZero_Core, @Compound_xyz, and others, has submitted a proposal to @arbitrum to release the ETH frozen after the April 18 incident into DeFi United, our coordinated recovery initiative.

Every ETH released moves rsETH holders closer to whole. The proposal is live and open for the Arbitrum community's feedback.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

Sat down with @JitinPrasada ji, Union MoS Commerce & Industry, not so long ago to talk about where AI is headed and what India's play in it can really look like.

His pinpoint focus on end to end solutions is something everyone in AI should learn from right now. So much of the energy in this space is getting spent on one piece of the stack at a time but the real leverage (especially for a country like India) is in owning the whole stack from research to deployment to the impact on actual people.

India's edge is going to come from exactly this kind of thinking 🇮🇳

[Nat Eliason @nateliason]

Nearly every ambitious person I know who has dived into AI is working harder than ever, and longer hours than ever.

Fascinating dynamic tbh.

I have NEVER worked this hard, nor had this much fun with work.

[Nitin @_nitinmittal]

Wrapping up a chapter that shaped me.

Spent nearly 5 years at Polygon. From the early days of figuring things out, to building systems that quietly powered millions of users. Grew from an intern into a senior engineer, alongside people who taught me how real ecosystems are built.

Grateful for the people, the trust, and the scale of problems I got to work on. Wishing the team nothing but wins ahead.

Taking a short breather. But I know this for sure: Web3 is still home, and I’m excited to help build the next wave, wherever that may be.

If you’re building something meaningful in crypto, happy to connect. DMs open. 🤍

[Elon Musk @elonmusk]

We will make the new 𝕏 algorithm, including all code used to determine what organic and advertising posts are recommended to users, open source in 7 days.

This will be repeated every 4 weeks, with comprehensive developer notes, to help you understand what changed.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

Yesterday marked an all-time high for single-day fees generated and burned on the Polygon PoS chain.

3 MILLION POL (0.03% of POL's supply was burnt in a single day)

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

Polygon chain is having its S curve moment on the fees generated.

1. Last 3-4 days every day 1mn POL is getting burned in base fees. To put it in perspective, continued for the whole year, 3.5% of POL's total supply will get burned

2. This makes POL massively deflationary

3. 3.6bn POL is staked and stakers and validators earn a combined rewards of ~1.5% of POL

2026 is the year of $POL resurrection

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

Polygon’s P2P payments growth is accelerating

4 straight months of growth with another ATH of $7.12 Billion in November.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

I just wish, hope, and pray that MSTR is not the LUNA of this cycle. Another public, but this time, Wall Street–retail-entangled death spiral is the last thing this industry needs. Hoping Saylor can pull some Wall Street voodoo magic.

[Mihailo Bjelic @MihailoBjelic]

Harvard scientists found a way to overcome atom loss (a major bottleneck in quantum computing) allowing their setup to run for 2 HOURS (instead of the usual milliseconds).

They estimate that quantum computers that can run indefinitely are 2-3 years away.

https://t.co/3thwNaNrkc

[Stani @StaniKulechov]

HMRC has published its consultation outcome in the UK regarding the taxation of DeFi activities related to lending and staking.

A particularly interesting conclusion is that when users deposit assets into Aave, the deposit itself is not treated as a disposal for capital gains tax purposes, creating a ‘no gain, no loss’ (NGNL) approach.

This is a major win for UK DeFi users who want to borrow stablecoins against their crypto collateral.

I’m proud that our team at Aave Labs participated in the consultation, advocating for DeFi and ensuring that the tax treatment of interactions with lending protocols reflects the economic reality: users are not intending to dispose of their assets when borrowing against their collateral for liquidity needs.

We’re fully supportive of this approach and hope to see these changes reflected in UK tax legislation soon.

More details: https://t.co/1ajIkrDL2y

[Mihailo Bjelic @MihailoBjelic]

Scott Aaronson is a renowned quantum expert. His latest blog post:

“Given the current staggering rate of hardware progress, I now think it’s a live possibility that we’ll have a fault-tolerant quantum computer running Shor’s algorithm before the next US presidential election.”

[Mihailo Bjelic @MihailoBjelic]

Agreed. It has to be 90-100%.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

If ZCash is the private Bitcoin
Miden is the private Ethereum

Study that!

@0xMiden

[IIM Mumbai @IIMMumbai]

Heartiest Congratulations to our distinguished alumnus, @sandeepnailwal !

We are proud to share that Sandeep Nailwal, Co-founder and CEO of @0xPolygon Foundation and Founder of Blockchain for Impact (BFI), has been featured in The Economic Times 40 Under 40 list, recognizing India’s most influential young leaders shaping the nation’s future.

Under Sandeep’s visionary leadership, Polygon has risen to become one of the world’s foremost blockchain organizations, pioneering innovation and driving the global adoption of Web3 technologies across industries. Beyond business, his unwavering commitment to social good is embodied in his philanthropic initiative, Blockchain for Impact (BFI) through which he has contributed close to USD 80 million, establishing what has now become India’s largest biomedical research network dedicated to advancing research and development across the country.

From pioneering Web3 to committing $200 MILLION via @BFI_Impact to grow upstream Biomedical research in India, Sandeep is building India’s largest biomedical research network. This is how you drive real social impact.

Sandeep’s leadership in the world of blockchain and his dedication to driving social impact continue to inspire the IIM Mumbai community. His journey stands as a testament to the spirit of innovation, perseverance, and purpose that defines our alumni.

Prof. @mktiimm, Director, IIM Mumbai, and the entire IIM Mumbai fraternity extend their heartiest congratulations to Sandeep Nailwal on this well-deserved recognition and take pride in his outstanding contributions to technology and social impact.

#iimmumbai #iimalumni #sandeepnailwal #polygon #blockchainforimpact #web3innovation #blockchaintechnology #socialimpact #leadership #innovation #biomedicalresearch #impactleadership #entrepreneurship #technologyforgood #economicTimes40under40 #alumnipride #futureleaders #inspiringjourneys #SandeepNailwal #et40under40

[Marc | Polygon Labs (💜,⚔️, ※) @0xMarcB]

Don't start this @therealchaseeb. There are so many apps and use cases on Polygon that have received no incentives. Actually an infinitely small number of apps and volume on Polygon comes from incentivized deals. And of those with incentives, most have been incentivized less than other chains offered. They came because they wanted a trusted, low-fee, fast chain, with onramps/offramps around the world and real users that can interact in a complete ecosystem with every day use cases.

I've stayed quiet on this type of discussion about others. But Polygon has been thrown under the bus on this topic for too long when others, including Solana, do the same. You can call them paying or incentives but it all comes down to economics swaying decisions. I have nothing to lose since the "Polygon pays for everything" narrative has been propagated for so long. I can just open pandora's box on everyone else. Out of respect for, and positive relationships I have with, the many people in every ecosystem we compete with, I have never done it. But happy to start based on first hand knowledge.

[Sandeep | CEO, Polygon Foundation (※,※) @sandeepnailwal]

Major win for Polygon and for crypto!

DeCard, powered by DCS (aka Diners Club Singapore) now lets you pay with USDT0 and USDC all over the world. Spending crypto is as easy as contactless cards

This is what we meant when we said Polygon is going to fundamentally change the way money moves.

[Aditya Sharma @aditya_sharma]

every single person i know in asia specially india who built a career in web3, directly or indirectly - stands on the shoulders of @sandeepnailwal, @jdkanani, @anuragarjun

if they weren’t there, many of us wouldn’t be either.
without polygon, 90% of “crypto twitter india” wouldn’t even exist.

respect.