Appchains are emerging as the third regime between Layer 1 blockchains and dApps—combining Web2’s seamless UX with Web3’s sovereign decentralization. Modular, scalable, and interoperable, they signal a “blockchain of blockchains” paradigm shift.
In this @CoinDesk article, I explore the fundamentals behind this market structure transition.
#Appchains #Web3 #Blockchain @KAIO_xyz@stbl_official
https://t.co/eJs2uWxCkd
Solana on Base, powered by SOON Stack & @eigen_da.
soonBase Mainnet is now live as the native SVM Rollup on @Base.
Builders & Users can experience the magic of SVM directly on Base now at:
https://t.co/0mnETedGOr
soonBase is for everyone❤️
SOON has officially launched soonBase Mainnet, bringing Solana (SVM) speed directly to Base, using Base’s settlement layer (EVM) and EigenDA’s scalable data availability, delivering real-time responsiveness and sub-second finality to the Base ecosystem
Thrilled to personally back @soon_svm
COMMing SOON NFT Mint to secure a spot in the future of rollups. This is the first step toward scaling SVM everywhere.
The team ships fast, the tech is solid, and 51% of tokens go to the community. Time to build.
Big fan of Decoupled SVM design and community-first tokenomics. Rollups done right. Can’t wait to see the SOON Stack evolve.
https://t.co/TuJRc42Hin
——
Here is the referral code to access the mint: lending_bat_gigentic
OpenAI just hired the guy who was in charge of mass surveillance at the NSA. He outsourced the illegal mass spying against Americans to British spy agencies to circumvent US law. He gave them unlimited spying access to US networks. Tells you all you need to know about OpenAI.
They've gone full mask-off: 𝐝𝐨 𝐧𝐨𝐭 𝐞𝐯𝐞𝐫 trust @OpenAI or its products (ChatGPT etc). There is only one reason for appointing an @NSAGov Director to your board. This is a willful, calculated betrayal of the rights of every person on Earth. You have been warned.
This is huge: Société Générale, France’s third-largest bank, is launching the first publicly traded bank stablecoin.
· It will be backed by euros, which will be held in a trust managed by a third party
· Name: EUR CoinVertible
· It starts trading today on Bitstamp
· It can be used as payment on any platform that accepts it
· It’s built to be compliant with the EU crypto regulatory framework MiCA
https://t.co/xDAY76TC5I
We’ve been waiting/hoping for something like this for some time, but it’s still surprising to see it actually happen, and coming from such a large financial institution.
There’s been a lot of discussion recently about tokenized deposits (such as JPMorgan’s JPM Coin, where tokens backed by deposits at JPMorgan can be used within the JPMorgan ecosystem), and we are likely to see several banks launch trials of this concept in the coming year. But this goes a very large step further – EUR CoinVertible is issued by a regulated bank, and can be used outside of the SocGen network.
It's good news, a step toward a more efficient financial marketplace, and it shows that European finance – typically conservative – can embrace innovation given regulatory support. Demand for euro-backed stablecoins is low for now, and this token may not generate much interest since there’s not as yet much demand. But that will change, and the market will benefit from more choice. Hats off to SocGen for being first.
You're seeing the Coinbase Secret Master Plan come together in real time
Here's how @coinbase, @coinbasewallet, and @buildonbase are coming together to bring 1B+ people onchain 👇🧵
Merchants paying Visa and Mastercard ~$60bn / yr in interchange, and fees getting hiked per WSJ.
This gets decimated as merchants realize stablecoins offer near zero fees and no chargebacks. Some of largest retailers in the world will roll out this yr.
Still processing the implications.
This is a financial neutron bomb. Bankrupts people without blowing up buildings. Hits all 145M Russians at once, every ruble holder. In a maximalist scenario, possible collapse of the Russian economy.
Btw, Russia is a nuclear weapons state.