SoFi platforms should not sacrifice security and decentralization on the pretext of more user-friendly experience. You can be both onchain and user-friendly.
AFAICT one of the biggest philosophical differences between @solana + SVM and @ethereum + EVM is our perspectives on what we can and will build onchain with smart contracts
in solana land, the current perspective is that there are "only ~6 contracts worth writing". so those are enshrined and reused, with less focus on contract verifications, open source, extension, and expansion. the mission is to build a decentralized nasdaq, with the functions of capital markets being the focus.
in EVM land, the mindset is that we are just scratching the surface of the world computer and there are ~infinite contracts to be build. this leads to everything being open source, verified, and built to be extended, forked, and expanded. the mission is to build a global economy, with every component of the economy included (incl. both capital markets, and much more).
will be interesting to see how these philosophies evolve over the years ahead. tons of opportunity for both.
Who controls the "resolutions" behind Polymarket?
In fact, all the responsibility for disputes is handled by @UMAprotocol, which advertises itself as a "decentralized" truth machine, but in reality, it's nothing of the sort.
George Soros is evil but not stupid. His son Alex seems to be both stupid and evil: “One man, Donald Trump, literally came in and just took that, took that, took that all away. Um, you know so, um, you know so, um, you know." No, moron, we DON’T know https://t.co/8TMswuP0Tu
This is not a movie….
This is what creativity, capitalism, and a free economy delivers…
Tesla’s cyber cabs and cyber vans, and humanoids…
Ray Bradbury, Arthur C Clark, H.G Wells, George Lucas, Gene Roddenberry dreamed of this of day.
💙⛓🔥 Get ready for our $50,000 in $ONCHAIN Airdrop with @onchaincoin, plus 10,000 In-Game Points for every #TrustWallet user!
Rules :
💙 Like & RT
💙 Follow @TrustWallet & @onchaincoin
👇 Complete #airdrop quests with Trust Wallet
https://t.co/KhWrlDf6RW
Don't miss out!
FIT21 passes 279-136. The takeaway is simple:
The global economy will be built onchain
American will be at the forefront of its creation
It will be accessible to everyone, everywhere
Onwards to the Senate, to confirm this historic milestone for crypto, freedom, and the world.
Social —> Onchain
Onchain L3 will be giving users daily portions (allocations) of tokens based on their engagement on Farcaster. These tokens can only be spent by interacting with the dapps on onchain L3 via a special method.
Onchain L3 will allow to launch fully onchain products with ultra cheap transactions that instantly complete, with ETH as native currency
Stakers of $onchain will share revenue from chain fees and $onchain products. Chain Game and Onchain Score form the initial user base for L3