Kath L

Mechanical engineering B Sc, Economics grad, retired money mover
Ethereum validator since 2021
Software you don't run yourself is trusted

[Kath L @KathEthereum]

My portfolio;

35% BTC (hold over from my mining days in 2015+)
35% ETH (validator stack, and Aave borrowing collateral stack)
20% Hyperliquid and Lighter
10% PAXG

[Kath L @KathEthereum]

@valueandtime This but for ETH

[Kath L @KathEthereum]

Trump stole a crypto bull cycle from us by doing dumb shit like attacking Iran at the behest of demon zionist Netanyahu.

[Kath L @KathEthereum]

ZK allowing parallelization of arbitrary execution across many machines thats reconciled with verification and where key information can be hidden from executor.

This is nice for crypto scaling, its even better for other scaling (e.g. training AI at scale on private/sensitive data, like medical data)

[Kath L @KathEthereum]

@pray_eth This regional conflict is bearish yes, as is the disruption to energy / oil. But the American empire decaying (and it being the most trusted financial system) is bullish.

[Kath L @KathEthereum]

@mert @ProtonDrive thats because he is providing a service not trying to grift others like you

[Kath L @KathEthereum]

Then your OP makes no sense, economically and physically independent nodes do increase security and provide a better guarantee of being permission-less and open.

Solana nodes have to be subsidized and theres less people who can or want to run one because it doesn't make much money and the underlying asset is much riskier than Bitcoin or Ethereum to hold value in.

[Kath L @KathEthereum]

@obeyguy Memes have no reason to be tied only to Solana, it offers nothing unique, it just had the most tards ready to be rinsed and willing to donate to scammers like the President.

"Non-KYC casino" is a product that the market has copied and removed the premium on.

[Kath L @KathEthereum]

@Fiskantes ETH is productive commodity money, and as a brown person living under a racist regime that has roving death squads and no rule of law, its the most useful thing to own.

[Kath L @KathEthereum]

@blknoiz06 "coldest nigga breathing"

more like punkest nigga scamming

[Kath L @KathEthereum]

@blknoiz06 You have that feeling because you are hungry to financially rape new people on your shitcoins

[Kath L @KathEthereum]

@bfresh @solana @RobinhoodCrypto C A P I T A L E F F I C I E N C Y

[Kath L @KathEthereum]

@Defi_Warhol Like many say about ETH L2s, a multi-sig does not make it without a custodian, in fact its probably easier to compromise a multi-sig than an entire corporation that depends on the BTC being secure.

STX is just a fancier custodian

[Kath L @KathEthereum]

@nextalphaa @richwgalvin I run many validators and I consider the gas pricing today to be a subsidy that I support with my bandwidth and hardware. There is no external subsidy to validators like Solana, and that is not what I meant to imply.

[Sentinel.codes @Sentinel_codes]

Announcement @LiquityProtocol fam! 📣
On Thursday, July 16, the Liquity ETH Carry on @ipor_io will move from market-oracle to fundamental-oracle accounting for wstETH and rETH. The new oracle values each token from the staked ETH it represents and the ETH price, rather than its secondary-market quote.

[Kath L @KathEthereum]

@lex_node It can but shouldn't to grow marketshare. Ethereum commands the highest pricing power for blockspace.

[Kath L @KathEthereum]

@hantengri yea only the dumbest people I know asked me if they should buy SPCX at IPO

[Kath L @KathEthereum]

@mert None of these, why isn't "Open-source" a choice here

[Kath L @KathEthereum]

@XRS_02 Yes, that is why permissionless-ness is hard, you can't disallow bad things. MEV is just the asymmetry of information and privileged positions wrt to it, and is hard to solve. No protocol has stopped it unless its permissioned.

[Kath L @KathEthereum]

yes actually, that chart is controlled by a few variables in software and is intentionally subsidized currently. It is an introductory rate on rent for a building (schelling point) that is incredibly hard to build.

Ethereum commands the most pricing power for block space out of any protocol as none have touched its high water mark for fees when it wasn't even ubiquitous.

[Kath L @KathEthereum]

RWAs with off-chain issuer and custodian are going to be second rate assets to truly unilaterally permission-less ones. The interaction between the two is where interesting things happen.

The security argument for why ETH value will scale with the economy that lives on top of it is the most facile one, the real driver is just incentives and utility.

When Ethereum scales and has many RWAs and permission-less assets, the incentives to own it and either validate/grab MEV or borrow against it will rise.