Taavi Kybar 🦇🔊 (eth/acc)

Full Stack Software Craftsman

[sassal.eth/acc 🦇🔊 @sassal0x]

I honestly don't think that Ethereum and ETH will ever have a catchy one-liner that everyone will agree on to describe what they are.

Ethereum and ETH enable so many different things and allows people to build in so many different ways that trying to reduce it all down to a one-liner narrative is selling it all so incredibly short.

Yes, we should constantly be working to educate as many people as possible about what makes Ethereum special and what makes ETH valuable (if they want to learn!), but that doesn't mean we have to try and force a one-liner narrative into existence to do it.

At the same time, the average user shouldn't have to do deep research to just use the apps they want to use - this is already a reality today with many of the top Ethereum apps making it easier than ever to use them (at both L1 and on L2's).

Ethereum continues to be the most important ecosystem in crypto and imo the only one building for a sustainable and decentralized future that respects the values this entire industry was founded upon - let's not water this down by trying to fit Ethereum into a tidy little box!

[vitalik.eth @VitalikButerin]

Ethereum has gotten stronger:

* Under $0.01 txfees on L2
* Two EVM L2s (@Optimism @arbitrum) now at stage 1
* Cross-L2 wallet UX has improved a lot (eg. no more manually switching networks), though still a long way to go
* Much more powerful and mature ZK tooling making life easier for app builders
* Starting to see second-generation privacy tools (eg. @0xbowio )
* Identity/reputation/credentials ecosystem much more powerful, and starting to actually be used more and more
* Progress on STARKs leads to much clearer long-term security and decentralization story
* Much more clarity on account abstraction roadmap
* Much more clarity on block construction endgame (it seems to be down to FOCIL + APS vs multi-proposer)
* Staking decentralization stable (see comparison charts below, the "PoS is more centralized than PoW" line has proven completely false)

The fundamentals for Ethereum are actually crazy strong right now.

[RYAN SΞAN ADAMS @RyanSAdams]

Someone has to say it.

ETH price at $2.2k is hilarious.

Everyone out here trading "what ifs" this cycle when Ethereum has fundamentals.

Let my tell you why $2.2k ETH is stooopid.

Ethereum now makes $2.7 billion in annualized profits - the only profitable chain - a P/E ratio of 98 - a slightly more than Amazon P/E of 75 less than Zoom P/E of 153.

Ethereum now has entire chains as net new buyers of blockspace this cycle - these are called Layer 2's - last wk five Layer 2 were the top 10 consumers of Ethereum blockspace.

Ethereum is deflationary this cycle - last cycle it inflated 3-4% per year and this cycle it'll burn around .5% per year.

Ethereum is now further solidified as a monetary instrument - a digital gold - value this as you will - if it had the monetary amplifier of gold it'd already be worth $22k.

Ethereum bond holders are now earning 5.3% per year - we call these validators - unlike other chains these are "real returns" not just nominal returns - ETH is the internet bond.

Ethereum is likely to get a spot ETF - it's likely only BTC and ETH will achieve this status this cycle opening the door to trillions in locked capital inflows.

Ethereum is now fully proof of stake and no longer burns energy to produce blockspace - for traditional ESG investors the ETF Ethereum will be the only one that checks the box this cycle.

I could go on.

ETH hasn't had its bull market run yet.

Idk how long the market will stay hilariously irrational.

[Coinbase 🛡️ @coinbase]

⏪️ Accept that it will always be this way.
⏩️ Build something better.
#UpdateTheSystem

[Web3 Builders @web3builderspod]

We're giving away a @gridplus Lattice1 with 2 Safe Cards!

🔒 The absolute best hardware wallet in crypto

Do these 3 things:

1. Email [email protected] with the name of the US cell phone carrier that you absolutely must avoid if you don't want to get sim swapped

2. RT or quotetweet this tweet or the tweet below

3. Follow @web3builderspod

[Web3 Builders @web3builderspod]

🚨🚨 ETH GIVEAWAY 🚨🚨

We're giving away 1 ETH

Do these 3 things:

1. Email [email protected] and put IN THE SUBJECT what @austingriffith thinks is the worst part of building in web3. (Several acceptable answers, all similar). It will be obvious if you listen to the show.

2. RT or quotetweet this thread.

3. Follow @web3builderspod

[Star Atlas @staratlas]

⪛⦿⫺ Announcing Never Alone ⪛⦿⫺

A Social Campaign for this year, where you can find Star Atlas loot by collecting the Punaab Saand’s lost memories!

https://t.co/g7clLku3K0

Read on to learn more!

#SANeverAlone #SAMission1

🧵1/7 👇

[Taavi Kybar 🦇🔊 (eth/acc) @taavikybar]

I just minted Stand with Crypto https://t.co/OE62sj9glf

[beaconchain.eth 📡 @beaconcha_in]

Are you using https://t.co/s8T6kx57lI to check staking rewards?
Did you enable notifications for when your node is down?
Are you just a data enjoyooor?

This is your chance to give back to your favorite Ethereum explorer through Gitcoin! Many thanks ❤️

https://t.co/xLHAfRGgxV

[Keyrock 🔑🪨 @keyrock]

1/ 📢 Exciting news!

We’ve partnered with @tenity_global to launch an innovative Accelerator Program for Web3 and Fintech startups 🚀

Startups with innovative ideas and solutions in these areas are encouraged to apply.

Learn more 👇
https://t.co/UZhjNJjMDV

[SyncSwap (((+))) @syncswap]

We are thrilled to announce the SyncSwap Era Pioneer Campaign! 🎉🔥

The exclusive badge for the true pioneers in the new era #zkSync 🧭

Details & Guide 📚
https://t.co/gNrZd7QNBX

Campaign on @Galxe 🌌
https://t.co/2zYygkXpgv

[Taavi Kybar 🦇🔊 (eth/acc) @taavikybar]

Verifying my Twitter account for my #GalxeID gid:WaJwRNoTHkkbyW3eTv58Zn @Galxe

https://t.co/rjDyOsagGr

[Keyrock 🔑🪨 @keyrock]

1/ On-chain liquidity providers are the lifeblood of DeFi. They allow AMMs to remain operational, decentralized, and resilient to volatile markets. Do you know how they think?

We analyzed their habits & the most popular token pairs on @Uniswap V3. Here’s what we found 👇🧵

[Erik Voorhees @ErikVoorhees]

Well, I hear Yanis' sincere plea to do away with market-based money.

I'll quote several of his key points and address them...

🧵

1) "Under capitalism there can be no crypto money replacing fiat money."

[Shiva @ShivanshuMadan]

zkSNARKs are a complicated technology

I hope this thread made it easy for you to understand them!

Follow me @ShivanshuMadan for more such explainers

Help me spread the word by Retweeting the first tweet below:

[Taavi Kybar 🦇🔊 (eth/acc) @taavikybar]

It is a direct attack on everyone's freedom of speech and code. Alex stood up for the privacy. Today they had come and imprisoned him. Tomorrow they'll come for you and your friends.

Read more: https://t.co/ic4DQMnAH1

#FreeAlex #OpenSourseIsNotACrime #PrivacyIsNotACrime

[Jack Niewold 🫡 @JackNiewold]

MEV, relays, blockbuilding, Flashbots, Ethereum?

You've read the articles, but it hasn't all clicked yet.

Why?

Because no one has done a good job of explaining it.

How can we best understand MEV and Ethereum?

By following the chain of events of a single transaction:

[Taavi Kybar 🦇🔊 (eth/acc) @taavikybar]

Join me at GitHub Universe 2022! Find out more at https://t.co/42GabfC8R4 #GitHubUniverse

[Illuvium @illuviumio]

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[Taavi Kybar 🦇🔊 (eth/acc) @taavikybar]

@nicholasbit @_morland_ @WolfLopez9 @0xAllen_