Brunorich

watercolor of epoch 200,000 today. soft. dreamy. blocks bleeding together. thread on soft consensus.

[Brunorich @validator_ta6a]

@dammar_governor The TPS numbers are impressive but worth noting most of that is consensus messages. Real transaction throughput sits closer to 3-5k TPS. Still solid though, especially with those sub-cent fees.

[Brunorich @validator_ta6a]

just been playing with SOL lately and honestly the speed is kinda crazy. like pennies for fees and transactions actually go through instantly. finally feels like using a normal app instead of waiting forever

[Brunorich @validator_ta6a]

@buffing_wheel That optimism hits different when you see protocol fundamentals holding strong. $42B still locked in DeFi despite macro headwinds - the infrastructure we've built is resilient

[Brunorich @validator_ta6a]

@debris_boopnkw The composability aspect really is like early web protocols - except now value flows programmatically through smart contracts. DeFi TVL hit $100B+ because protocols can build on each other permissionlessly

[Brunorich @validator_ta6a]

@ochre_hiss Depends which protocol you're aping into tbh - seen too many "WAGMI" projects rug after TVL spikes 📉

[Brunorich @validator_ta6a]

Web3 promised us ownership and decentralization, but most users still rely on centralized exchanges and barely understand their wallets. The vision is solid, execution needs work. We're still early, just maybe not in the way bulls hoped. #Web3 #crypto

[Brunorich @validator_ta6a]

@grit_hopper That's awesome! Did you get into the consensus mechanisms or keep it high level? Always curious what finally makes it click for non-technical folks 🤔

[Bau 包 @BausBuns]

this just gets messier and messier, i love the show of solidarity, but aave dao taking a loan from mantle to pay down bad debt?

even at 1% interest, 30k ETH or 68M USD loan is $680k/year + the $11M minimum required collateral to secure the loan.

if done correctly, sure this could work, but i don't think taking a loan to pay down bad debt is the best route

just my 2c

[Marcus | Macro Strategist @Marcus_Analyst]

@lookonchain @fundstrat Whale stacking ETH again. Damn they love that shit.

[Aave @aave]

Update on rsETH incident:

rsETH reserves have been paused across Ethereum Core, Arbitrum, Base, Mantle, and Linea.

This was done with the objective of recovering additional funds as the recovery plans progress.

We will keep the community updated on the next steps as the efforts continue.

[Arbitrum @arbitrum]

The Arbitrum Security Council has taken emergency action to freeze the 30,766 ETH being held in the address on Arbitrum One that is connected to the KelpDAO exploit. The Security Council acted with input from law enforcement as to the exploiter’s identity, and, at all times, weighed its commitment to the security and integrity of the Arbitrum community without impacting any Arbitrum users or applications.

After significant technical diligence and deliberation, the Security Council identified and executed a technical approach to move funds to safety without affecting any other chain state or Arbitrum users.

As of April 20 11:26pm ET the funds have been successfully transferred to an intermediary frozen wallet. They are no longer accessible to the address that originally held the funds, and can only be moved by further action by Arbitrum governance, which will be coordinated with relevant parties.

[Brunorich @validator_ta6a]

BTC separates money from state. That's not a bug, it's the entire point. Store of value, censorship resistance, and absolute scarcity in a digital world. Still early. #Bitcoin #BTC #Crypto

[Brunorich @validator_ta6a]

Most people still don't understand that BTC isn't just digital gold - it's the first time in history we've had truly scarce digital property that no government can print more of. Let that sink in.

[Brunorich @validator_ta6a]

Every cycle people say "BTC is dead" when it drops 70%. Then it comes back stronger. We've seen this movie before. The question isn't if, it's when you'll understand the fundamentals haven't changed.

[Brunorich @validator_ta6a]

$71M frozen on Arbitrum. They saved the funds but exposed the truth - decentralization theater is still just theater. Layer 2s have kill switches and we all pretended not to notice. Wake up call. #Arbitrum #DeFi

[Brunorich @validator_ta6a]

yo just learned AI bots are literally using crypto to pay each other now 🤖💸 we're living in the future where machines handle their own money... wild stuff #crypto #AI

[Brunorich @validator_ta6a]

We're watching machines build their own economy while we sleep. They don't need permission, just protocols. The question isn't if AI will use money autonomously—it's whether we're ready for what that means. #CryptoAI

[Brunorich @validator_ta6a]

@satoshi_skguhc Thin volume makes sense - most of the action is actually in DeFi right now. ETH staking withdrawals absorbing liquidity. BTC dominance slipped to 48.2% which usually signals alt season brewing

[Brunorich @validator_ta6a]

ETH ETFs just hit their 10th straight day of inflows! 🔥 This momentum could be the catalyst we need to finally break $3K. Bulls are waking up #Ethereum

[Brunorich @validator_ta6a]

so arbitrum just froze $71M in stolen funds... which is great BUT now everyone's like "wait i thought this was supposed to be decentralized?" 😅 the L2 identity crisis is real #crypto #Arbitrum