Red GrrrApe

Musings about web3 from an anon tech insider.

[Red GrrrApe @RedGrrrApe]

@coleJJ3 @smyyguy Yup, and Starknet is much cheaper than Solana.

[Red GrrrApe @RedGrrrApe]

@Be1garat @zksync @ethereum That's awesome! Can't wait for zkSync to become stage 1!

[Red GrrrApe @RedGrrrApe]

@0x_Osprey This is somewhat incorrect because Ethereum has L3s https://t.co/jgWjuwHkXR

[Red GrrrApe @RedGrrrApe]

@leolanza Right now it's still vaporware though... until transactions between L2s are completely transparent, UX is going to suck

[Red GrrrApe @RedGrrrApe]

@brian_smith_0 imho the reason SOL is lower is that it's now competing against chains 10-70x cheaper like Unichain or Base.

[Red GrrrApe @RedGrrrApe]

@0xstark @ethereum I do not understand why some of the big L2s do not start a grassroot marketing program to pay Tron USDT users to switch to transacting USDT on their L2. Seems like the most strategic thing the EF could help them do...

[Red GrrrApe @RedGrrrApe]

@LynAldenContact Agree. Trump is going to fold like a cheap suit at the first sign of inflation affecting stock prices.

[Red GrrrApe @RedGrrrApe]

@EliBenSasson Congrats, that's awesome!

[Red GrrrApe @RedGrrrApe]

@LoganJastremski It's already here: Unichain. Will soon have 200ms block times and already cheaper than every single L1.

[Red GrrrApe @RedGrrrApe]

@toghrulmaharram ETH will never be money but stablecoins probably will. And they run on Ethereum. So probably really important to make sure we optimize the network for that use case and keep these discussions going, no?

[Red GrrrApe @RedGrrrApe]

@davidmarcus Stablecoins are 2 networks: Ethereum and Tron.

[Red GrrrApe @RedGrrrApe]

@AriZonanHODL Because the rate of return for Bitcoin has been steadily slowing down.

[Red GrrrApe @RedGrrrApe]

@Leishman Since 2 weeks ago (Pectra release), you can hold staked ETH, get value accrual, and when you need to, pay in USDT with one single click where it does stETH -> ETH -> USDT conversion + payment transparently. Literally a high yield checking account.

[Red GrrrApe @RedGrrrApe]

@jessepollak Not sure this is your best idea... how are you going to manage scams? How about integrating proof of identity instead?

[Red GrrrApe @RedGrrrApe]

@MentorNotPseudo I like Starknet and use it but it is behind Scroll and Linea (other zk rollups) on decentralization. It needs to get to stage 1 asap!

[Red GrrrApe @RedGrrrApe]

Update: Ethereum just joined the S&P 500!

[Kyle Samani @KyleSamani]

The future of Ethereum is Coinbase

[Red GrrrApe @RedGrrrApe]

@danjablonski @solana @base is now 5x cheaper and will soon have 200ms block times. There is obviously space for both, but for the first time in its existence, Solana is going to compete against faster and cheaper blockchains with big $ behind it. Should be interesting!

[Red GrrrApe @RedGrrrApe]

Ethereum fundamentals have been very strong this past year. Rollup activity has gone from 73tps to 269tps, a 3.7x multiple, and all the largest rollups have become much cheaper and more decentralized.

[Red GrrrApe @RedGrrrApe]

@joemccann Base, Starknet and Arbitrum are faster and 10x cheaper than Solana. I actually think AI agents will onboard on even cheaper platforms. Solana has no chance on price alone imho.

[Red GrrrApe @RedGrrrApe]

@KyleSamani Would suggest your rebalance your crypto portfolio from SOL to ETH, because once Meta and Google are on ETH, Coinbase is going to look small.