@VitalikButerin On point (v) — ultra-low-latency sequencing has deeper implications for DeFi than just UX. Lower fees reduce the arbitrage threshold in AMMs, which compresses LVR for LPs structurally. The sequencing properties of L2s matter for market efficiency, not just speed.
Antifragilidad sin mecanismo de excursión inelástica no es antifragilidad; es arrogancia elástica.
Antifragility without the capacity for inelastic excursion is not antifragility; it is merely elastic arrogance.
@willywoo Fair. Your metric still holds.
But ETFs and paper BTC can dilute on chain flow signals. The real question is whether the dominant driver has shifted.
If sustained institutional flows do not materialize by 2026, your thesis wins by KO.
While you were distracted by FTX, the open-sourcing of builders (after relayers) by Flashbots happened and is now starting to progressively produce its effects.
I am pretty confident the percentage of OFAC-compliant blocks peaked at 79% last week and is now on a clear downtrend.
A man who stole $10B, @SBF_FTX just got interviewed, portrayed almost as a victim and got an applause at the end
Still free and fine.
Aaron Swartz, who downloaded academic journals to share with the world got $1m in fines and 35 yrs in prison. This lead him to take his own life
@mikemcg0 I hope they properly deleted my account... The deposits were slow and fishy on https://t.co/sy4xoEug3o and I just decided to delete my account for the hassle it was.