ZxStim

@unitmetalHQ @stateflint | 🇻🇳 | | not sponsored by @ethereum

[ZxStim @zxstim]

for the last couple years, there were very little ethereum centric activities in vietnam. alt L1s invested many millions into their local propaganda machines, spreading lies, gaslighting people about their capabilities, undermining ethereum and its eco.

so i'm launching @eth34vn, a community initiative aiming to protect ethereum core values and ecosystem in vietnam. 3 main purposes:
> educate everyone about ethereum and its ecosystem
> help vietnamese builders, students, ethereum holders, etc.
> push for ethereum and L2 eterprise adoption in vietnam

i have a small starting budget of what's left from the EF grant for Road to Devcon from last year. but, to keep operating cost as low as possible, i will be primarily running this initiative via social media contents and videos; no expensive events, no expensive uni tours. however, i will be looking to fundraise more via donations, grants and any aligned paid engagements so i can invest more into contents, equipment and helpers. thought extensively on a biz model and i know that i can't rely on grants exclusively to make sure the initiative becoming sustainable.

more updates coming soon on the website.

ethereum will win ⟠

[ZxStim @zxstim]

@itsjustcornbro i think there is still hope. but only after some catastrophic event

[ZxStim @zxstim]

yes this is a major problem to solve

so i think truly defi protocols are very little and they has been (so far) ok with other cefi larps onboarding more assets, hence they don’t beef publicly, which i think is bad on their part. so it would be somewhat difficult but feasible to have them fund watchdog initiatives to detect cefi larps and warn people accordingly

the cefi larps would try to muddle the water by bribing some influencers

the bulk of funding should come from depositors, like a monthly subscription/service fees or so, with different tiers. some form of fiduciary financial advisor/robo advisor/etc.

[itsjustcornbro @itsjustcornbro]

@zxstim yes, but that implies actually-centralized-fi can't LARP as DeFi anymore so they can't charge the same premium... this has been an ongoing problem in the space and incentives are aligned against fixing it

[ZxStim @zxstim]

@llamaonthebrink founders need sneaky ways to dump on retails. but tbf, getting listed on a major CEXs, you probably would get fleeced way more

[ZxStim @zxstim]

solana is for security frauds

[_gabrielShapir0 @lex_node]

they could also do things to actually prove that they truly own the shares, which would likely reduce panic as well

in crypto, when something seemingly stupid happens, it's hard not to assume malice--when considering the arbitrary 'redemption' deadline leading to forfeiture if it's missed plus deliberately allowing conditions (lack of proof of ownership, trading during lockup, lack of an arb system) that would very predictably cause the tokens to crash way underwater (they even *say* this in their post), to me it looks like the team probably wants to scoop back as much of the underlying supply for themselves as possible . . .

[ZxStim @zxstim]

@Octop3s they are either smart account with passkey or some privy/hosted wallet types

either way, not easy to export/backup

[ZxStim @zxstim]

@Thealphacruze farmers are so retarded if they believe in the fox token tease. as if linea airdrop was generational wealth

[ZxStim @zxstim]

@mrtdlgc lol did i get engagement baited

[ZxStim @zxstim]

so many reasons:
- business requirements change all the time
- some providers change their API design/service
- optimize for cost
- optimize for performance
- new features
bla bla

[Punished Anon Cooper @CooperZurad]

can anyone ELI5 why software needs to be "maintained"?

Like why do you need whole teams working on stuff that already works? Hardware doesn't work like this

If it functions, it functions and does not need to be changed unless you're replacing something worn out.

[ZxStim @zxstim]

increasingly enjoy sqlite after years of using postgres

makes for simple and fast deployment

[Calvin Lim @calvinluvsrice]

Builders!

What’s the best database to use?

EVERYONE SEEMS TO BE USING
@supabase

[ZxStim @zxstim]

@Zeb_dyor @0xLou1s i think that already been done. i believe claude is being used in iran operations by the US DoW

[ZxStim @zxstim]

only americans can get intelligence buff

[Anthropic @AnthropicAI]

The US government, citing national security authorities, has issued an export control directive to suspend all access to Fable 5 and Mythos 5 by any foreign national, whether inside or outside the United States, including foreign national Anthropic employees.

The net effect of this order is that we must abruptly disable Fable 5 and Mythos 5 for all our customers to ensure compliance.

Access to all other Claude models is not affected.

We apologize for this disruption to our customers. We believe this is a misunderstanding and are working to restore access as soon as possible.

Read our full statement: https://t.co/bwn0sximKZ

[ZxStim @zxstim]

there should be a clear separation between real DeFi and onchainFi, with risk warnings

more watchdog effort to stand on the side of depositors

[曾嘉俊 Zeng Jiajun @zengjiajun_eth]

It’s not about the mechanism, but how can we rebuild a robust DeFi with
- no admin key
- not relying on real time oracle (a bot that keep giving u price every millisecond)
- not relying on the overcollateralized loan.

[ZxStim @zxstim]

the already unsatisfied base would vibe code and get exactly what they want, rather than spending money on a bunch of tools and jerry rig them together

the rest would still be going as normal, and evolve higher, pushing the frontier

but now, software standards would increase

just like personal smart phone didn’t destroy photography

[Stani @StaniKulechov]

Third-party software and saas companies are going to have a hard time. With ai, businesses can now build their own software with far greater capabilities very quickly, tailored specifically to their needs

[ZxStim @zxstim]

pretty sure even for self custody, they can still pull as much as they want

just don’t deposit a lot in these cards, top up whenever you need

[TryHardSorry @tryhardsorry]

1/
The money on your crypto card is it actually yours?
If your card is one of these, the legal answer is literally no. You sold it to the company. It’s right there in their terms 👇

Most people have no idea. Let’s fix that. 🧵

[ZxStim @zxstim]

@mbaril010 eth global makes you sponsor a package of multiple events. maybe arc bought it then changed strategy.

[ZxStim @zxstim]

@Zeb_dyor @0xLou1s they probably negotiating with the US gov now on ID verification

[ZxStim @zxstim]

@apoorveth pretty much

[ZxStim @zxstim]

they probably don’t even have any real shares behind. just vibes.

[VietnamPenguin @VietnamPenguin]

Imagine PreStocks actually blocked me over this post. The post contains nothing but facts - no opinions, no subjective judgments.

I still hope they deliver after the 180-day lockup, because reacting this way to something you don't like is just childish.

[ZxStim @zxstim]

solana is for scams

[ZxStim @zxstim]

get exposure to spaceX ipo they said

it would be fun, they said

this project won’t even survive 6 months from now let alone claiming the actual stock

[VietnamPenguin @VietnamPenguin]

If you're wondering what happened to Solana @PreStocks SpaceX, they got absolutely crushed and are now trading around ~$112 (after 5:1 split), implying a ~40% discount to the underlying shares.

Turns out there's a 180-day lockup before preStocks can be converted into real shares (I suspect very few people were aware of this). So holders have two choices: dump into a thin-liquidity market at a steep discount today, or wait 180 days and convert at full value. Looks like many crypto degens are choosing the former.

Interestingly, this issue doesn't exist (and couldn't exist) in the $SPCX perp market.

Pre-IPO markets only make sense to trade via perps.

Hyperliquid.

[ZxStim @zxstim]

forkcast is incredible. i cite them in my fb contents frequently as well

[trent.eth @trent_vanepps]

give @CarlBeek his flowers 💐 for the EIP and the @EFprotocol team for forkcast work.. truly gamechanging on both accounts!

[ZxStim @zxstim]

@0xLou1s -100 intelligence to all us plebs