Rahul

Smart contract dev helping builders stay ahead of AI & crypto

[Rahul @codecroc]

@mikadontlouz It was a offsec researcher who got the bug. Not somebody with public claude and 20 bucks sub.

[Rahul @codecroc]

@mert @udiWertheimer Most people forget btc literally had a supply bug and survived

[Rahul @codecroc]

@arjunkhemani Finding the bug isn't the story, the fact a white hat found it first is. That's literally what security research budgets are for.

[Rahul @codecroc]

@cameron Bugs are inevitable in complex systems. What matters is whether a network has the researchers, review processes, and security culture to find them before attackers do. That's exactly what happened here.

[Rahul @codecroc]

@mert Hard to stay bearish when the systems are handling more volume every year

[Rahul @codecroc]

@Justin_Bons The fact they caught the inflation bug before exploitation kinda matters

[Rahul @codecroc]

21M users (embedded defi).

[Aave @aave]

Whop Treasury lets over 21 million businesses on @whop earn yield, powered by @aave on @plasma.

Whop is a leading platform for online businesses, which makes this one of the largest embedded DeFi integrations ever.

Read the case study below.

[Rahul @codecroc]

@mert The part people miss is stablecoins already move billions every day.

[Rahul @codecroc]

@chris38384735 @GaryMarcus Which altman are you talking about? Cuz believable and sam in the same sentence is wild.

[Rahul @codecroc]

Guys like these dont even understand how cardano and its ecosystem works. They dont have the ability to read and comprehend stuff. I am not a DRep or an all in cardano holder myself but I have the basic sense to read how the ecosystem works. Pretty sure he did not even listen to what charles said in that video like he sovereign wealth fund he mentioned. At this point this is just yapping without reason like a 7yo.

[Rahul @codecroc]

I partially agree. The ETH killer narrative was mostly noise, but ethereum:native price underperformance is real. In 2020, ethereum was essentially the only credible smart contract bet. Today, even if ethereum remains the strongest settlement layer, capital is spread across solana, app tokens, L2s, and other ecosystems. Ethereum's fundamentals may be stronger than ever, but it no longer has a monopoly on crypto growth narratives. Also the L2 scaling path was not the best way to scale ethereum.

[Rahul @codecroc]

@fede_intern @ethereum @binance Liquidity usually follows execution quality more than narratives.

[Rahul @codecroc]

Thats the thing. Ecosystem related things are best discussed privately amongst the community. Only do new launch posts or updates on X. Many people are trying to defame cardano and also charles just for the sake for defaming without any knowledge of the tech or how the governance works. Transparency has become a double edged sword here.

[Rahul @codecroc]

@sandeepnailwal Pretty sure quarterly reports are the only way to notice anything now.

[Rahul @codecroc]

@koeppelmann @saylor Difference is mstr owns the collateral and keeps issuing more convertibles.

[Rahul @codecroc]

@mert The guy just keeps issuing notes and buying more bitcoin lol.

[Rahul @codecroc]

I said clear moat not just moats. Eth has a lot of moats but rn but no clear vision. Just saying eth has problems that need to be addressed. Like the L2 scaling approach was never the correct step. That was an incorrect way to see account based models scaling. The community as a whole has to figure it out.

[Rahul @codecroc]

Ethereum still has high developer activity due to first movers advantage and the fact that its very beginner friendly for devs. I am a sc dev and i still build on ethereum and L2s. But i can see devs are starting to explore other chains which have considerable advantages. Ethereum is not playing that game. This will result in ethereum not given priority by devs in the long run. I am just saying the roadmap and the moat could be clearer and better than this. And also i think the L2 scaling path ethereum took was not the right choice. That said i am rooting for ethereum and hope the community will figure out how to play the long game.

[Rahul @codecroc]

@IOHK_Charles clearly mentioned that he had proposed a sovereign wealth fund when cardano:native had a decent price. This fund was supposed to store stablecoins obtained by coverting cardano:native. But the community did not listen to him. And now everyone is blaming him for what happened with @TapTools? Grow up. Face the consequences. Take responsibility. Figure it out as a community.

[Charles Hoskinson @IOHK_Charles]

TapTools https://t.co/Z2EjQXUBKQ

[Rahul @codecroc]

@CryptoWendyO Thats the thing wendy. People blaming it all on charles is cruel.