gm Ethereum ☀️
It is our great honor to announce the mainnet launch of Privacy Pools!
ETH users can now achieve on-chain privacy, while still dissociating from illicit funds
It is now up to all of us to Make Privacy Normal Again 🫡
More info in this thread 👇
@JoseLoureiro@E_Schhneider@UnstoppableFi As we‘ve explained in the article, community ownership and revenue sharing is paused, not cancelled.
You will be able to have a stake again in the future when Unstoppable is profitable and if you are a tokensale participant or former UND holder you will automatically qualify.
🎄 Unstoppable is Giving Back!
Today an era in the story of Unstoppable comes to an end. The $1,206,478.64 UND Buyback Program is here:
✅ 100% profit for all UND holders on their average buy price
✅ No losses for anyone holding UND
✅ A step towards focusing on building for the future
📝Learn more about why we are doing this and how to claim your here: https://t.co/YhxHzg56Fc
💲 You can claim your $USDC within the next 90 days here: https://t.co/0yFjotMFvh
⚠️ The Uniswap liquidity will be removed in order to avoid any further trading of $UND. If you are holding $UND, please convert your tokens via the buyback program.
A lot of the comments showing curse of knowledge bias, where what they as experienced trenches degens, perceive as simple onboarding and UX flow is still a bad experience riddled with dozens of traps for beginners.
Still a lot of work to do to make crypto accessible. 🤷♂️
BlueNoroff, a North Korean hacker organization, is targeting cryptocurrency firms with new malware that hits MacOS. Once a user downloads and opens a decoy PDF, the malware is downloaded as a separate file on the MacOS desktop in the background, allowing the attacker to remotely access the victim's machine and steal secret keys. — @Cointelegraph / @WuBlockchain
This is why - you should use https://t.co/ZyFf4gSpac or just ask to upload any PDF into google docs preview beforehand.
@safetyth1rd Happening on every transaction with @UnstoppableFi app.
Only reason why unlimited approve was a thing was due to mainnet tx cost and no simple way to batch txs. L2s + smart contract wallets solve this.
🚨 Security PSA 🚨
To ensure maximum wallet security, this is a reminder to revoke Token approvals!
Visit @RevokeCash or use @Rabby_io to revoke permissions you no longer need. This simple step can help safeguard your assets in the event of an unforeseen exploit. Stay safe!
"Unstoppable" is the best way to explain "decentralized"
Decentralized is confusing because it combines 4 properties which mean nothing to normal people:
1. Verifiability
2. Immutability
3. Censorship Resistance
4. Liveness
Unstoppable is a phrase even Mert's mom would understand, and it neatly covers all 4 properties of decentralization.
Blockchains are unstoppable because anyone can verify their integrity to stop others from cheating (verifiability), no one can unilaterally change the chain (immutability), anyone can use them (censorship resistance) at any time (liveness).
Basically, unstoppable means that no one can fuck with the chain.
I like "permissionless" too, but imo it only covers censorship resistance, not the other 3 properties.
Either way, one thing is absolutely clear -- we need better language to get people to understand and care about the value prop of blockchains. "Decentralized" won't cut it.
@0xDesigner Alchemy has done a good job wrapping these basic functions you need often into their SDK. And even their docs aren‘t that bad 😄
https://t.co/RhhDznSjzL
I especially love how they included a sandbox environment where innovation can still thrive and builders and regulators can together find a balance and explore how to create most value for users.
Oh wait.. Of course they didn’t.
EU strikes again 👏
The shift in stablecoin market structure in the EU is well underway 🇪🇺
EU Crypto Asset Service Providers (CASPs), including major players like Coinbase and Binance, are starting to phase out and delist stablecoins that are not regulated under MiCA. This trend will only accelerate as MiCA enters into application for CASPs at the end of this year.
Currently, of the top 50 stablecoins by market cap globally, only USDC and EURC are issued as compliant e-money tokens under MICA rules.
We are doubling down on our efforts the EU. If you are looking to work with EU regulated stablecoins, reach out. Bullish on USDC & EURC in the EU!
I love that we are trying to solve the downsides of self-custody and UX.
But compromising the core values isn‘t the solution.
Putting „decentralized“ or „self-custody“ on your website while cutting corners behind the scenes isn’t the way.
Put in the work. Build real solutions.
You might be on the spectrum, but self-custody isn’t.
See all the “social login” & MPC apps that create “fully self-custodial” wallets with just an email or phone?
PSA: if an entity can “recover” access to your wallet with or without your consent *it’s not self-custody*!!!
You might be on the spectrum, but self-custody isn’t.
See all the “social login” & MPC apps that create “fully self-custodial” wallets with just an email or phone?
PSA: if an entity can “recover” access to your wallet with or without your consent *it’s not self-custody*!!!
I struggle with this every day
Do I build something I would actually want to use? Or do I just yeet some chatGPT-generated bullshit that gets some moderate PMF, do hyperscaling, and "win"?
Most people will tell you the later is what works. Sad.
The space has indeed changed.
It's time to bring back core values and culture, focusing on the value of self-sovereign money and decentralized financial systems.
„Man, I love integration third party solutions, the docs are correct and complete, the examples are all working, the error messages are informative and helpful, everything worked on the first try.“ - Dev
Of all the things that never happened, this never happened the most..