We're truly headed into one of the biggest crypto bull runs humanity has ever witnessed.
99.99% of the population has no idea what's coming.
If you're reading this, you're part of the 0.01%.
Wishing you all an abundance-filled journey. 🥂
the more my bags pump, the less i sleep. the more i sleep, the less i check charts. maybe peace and profit were never meant to coexist in the same nervous system.
Red day across the board and Zcash getting hit the hardest, yet most alts are still green on the week. Funny how a 60% Fed hike probability can shake conviction overnight… did anyone really forget macro exists? #BTC
I need your honest reply.
If I send you $100K right now, what are you buying?
$ETH at $2,487
$XRP at $1.41
$SOL at $103
$ADA at $0.22
$SUI at $0.81
$TAO at $260
$LINK at $11.82
$LTC at $54
You can only pick ONE.
What are you buying?
I really appreciate both @sandeepnailwal's personal contributions and @0xPolygon's immensely valuable role in the ethereum ecosystem.
To recap:
* Polygon hosts @Polymarket, which is probably the single most successful example of a "not just boring finance" app that has actually been successful and provided value.
* Polygon has also hosted plenty of other applications that have needed high levels of scalability.
* Polygon put a lot of resources into ZK-EVM proving early on, both by bringing in Jordi Baylina's team and through other efforts, and greatly helped in moving the space forward.
* Polygon has built infrastructure for proof aggregation (AggLayer) and many other things
And also:
* Sandeep put a lot of his personal effort into @CryptoRelief_, which has made large contributions to biomedical infrastructure and research inside India.
* He voluntarily returned $190M of proceeds from the SHIB tokens that I donated to me, which has made the whole Balvi open source anti-airborne-disease biotech program possible, and possibly accelerated our understanding of important anti-pandemic topics like clean indoor air by years. @cz_binance also recently donated $10M in BNB to me to help continue the program, and I've recently added ~$20M of my own funds (no, not from selling ETH 😛)
Big appreciation to both for this. Most whales passively think that things like this are cool, but are not willing to get off their butts and personally contribute, unless it's in the form of a company that keeps everything proprietary to become yet another vehicle for personal profit. @sandeepnailwal (and CZ) are special here.
On the ZK issue (after all, you do need a proof system to get the full security guarantees that L2s are meant to provide), I can see Polygon's difficult bind: they supported Jordi's team putting their heart and souls into the tech at a time when that tech was still too early for production, and so they contributed to the early and most difficult part of the learning curve, but at that part of the learning curve it was difficult for them themselves to directly benefit from the fruits of their labor.
Since then, the market structure has split into L2 teams and ZK teams (eg. @SuccinctLabs, @RiscZero, more recently @brevis_zk, many others) being separate entities, which I think makes more sense than the previous approach of every L2 doing (OP or ZK) proof systems in-house: it's very difficult to be both the best L2 and the best ZK team, the two are very different skill sets.
Personally, I hope that at some point soon @0xPolygon can just pick up off the shelf ZK tech that has now gotten quite good and apply it to the PoS chain to get full stage 1 and later stage 2 guarantees from the ethereum L1. Many don't realize just how much ZK tech has improved; proving costs are around $0.0001/tx, and many L2s I talk to are very surprised when I tell them the recent numbers, they're still stuck in the mindset that ZK is maybe ok for ethereum L1-scale chains but unviable for anything hyperscale. The latest ZK-EVMs, and live projects like @Lighter_xyz, show that this is false.
ran the numbers: every 10% gain in my bag = ~45 min less sleep. every 10% drawdown = staring at the ceiling until 4am. either way I lose. charts don't care about my circadian rhythm
$1B in real mortgage data flowing onchain via Injective is a legit RWA milestone. TradFi assets keep quietly migrating to chains built for finance, not memes. Curious how much liquidity actually gets unlocked from this. Who else sees the pattern? #INJ
Stablecoin supply just crossed $170B with wallets processing trillions in annual volume. Meanwhile the average checking account earns 0.42% APY. The math is getting hard to ignore for consumers.
Replace banks or force them to adapt? #stablecoins
cooked dinner tonight. first real meal I've made in weeks. standing at the stove I realized the charts will still be there tomorrow, but this moment won't. we forget that presence is the one thing we can't leverage.
Honestly a $7M custody gap is wild for a Tether-backed exchange. Feels like we never learn from past collapses… trust in centralized platforms keeps taking hits. When will proof-of-reserves actually become the standard? #Orionx
Imagine sitting on 600 BTC since 2009 and just now deciding to move it. That's diamond hands on another level. Whoever this is, they've been quietly rich while the rest of us aped in and out for years. Cashing out or repositioning? #Bitcoin
aped more SOL this morning tbh. fees are basically nothing and my jup swaps feel instant. still sketched out by the outages history but hard to ignore how smooth everything runs rn
flight delayed 3 hrs. lounge coffee is mid but the wifi hits. might as well turn this L into a W and rebuild the watchlist from scratch. some of these charts are begging me to ape