It's been a bit quiet these last few days; nothing's happening. We're stuck in the same range waiting for the next move. I prefer to do nothing at this time. If I buy I might see another bottom; if I sell I might miss the move. The best solution is inaction.
Chill bro.
@mikehale@solana Appreciate the share, Mike. Good to see Solana making moves towards mobile. Let's see if this actually lowers the barrier to entry for devs. Worth a look.
@Kasso005 The signatures in BIP360 are 23-123x bigger, which means BTC's tx throughput will grind to a halt making it slow to impractical to move coins over.
HD wallet transition is a good first step until BIP360 gets time to bring in the latest developments in Q-resistant signatures.
Why a16z, Lightspeed and General Catalyst Cannot Go To LPs and Be Confident of a 5X Net:
"@ravi_lsvp, @pmarca@bhorowitz cannot go to LPs and say with a straight face that they can do 5x net.
If you look at the recent returns data, it suggests that.
They will make an immense amount of money on an absolute basis but LPs are in the business to make high money on money returns." @EverettRandle
Love to hear your thoughts on this Ravi, Ben, Marc @htaneja would you not argue that different LPs have different return requirements and expectations?
The best engineers and talent I know choose Solana for their product's backend infrastructure.
If you can't understand this I don't have time to explain it to you.