# Cryptso Casts | Jan 2024, Onchain is the Next Online

**Published by:** [Tso Thoughts](https://paragraph.com/@cryptso/)
**Published on:** 2024-02-20
**URL:** https://paragraph.com/@cryptso/onchain

## Content

Cover artwork courtesy of Crowdmuse. Welcome to the Cryptso Casts newsletter! Every month, I curate my best thoughts, ideas, and observations on crypto and the industry at large.Casts of the MonthDavid Tso on WarpcastThere is no other sector in tech that is as messy and noisy as crypto But behind all the noise, a lot of smart people are quietly improving wallets and L2s that will bring the next billion people onchain As we go into 2024, I’m more bullish than ever that every single part of our world is going to come onchainFarcasterDavid Tso on Warpcast2024 is the year that the world wakes up to the benefits of onchain: - A platform that is global from day one - Payment rails built in by default - Ability to save money in a stable currency - Access to basic financial services globally - Free-flowing of value and money - Disintermediating gatekeepers...FarcasterDavid Tso on WarpcastVia @fredwilson.eth “As important as regulatory clarity is to web3, it pales in importance with the need for a ChatGPT moment for blockchain-based technologies. AI developed for over 40 years before its coming out party. I think it will take web3 less than half that time.” https://avc.xyz/what-will-happen-in-2024FarcasterDavid Tso on Warpcast2024 will kickstart crypto’s S-curve, where the right mix of decentralization, security, and performance enables a wave of safer, easier, and mainstream consumer apps This is why I’ve created the /consumer-apps channel to share cool consumer crypto apps emerging – give it a follow!FarcasterDavid Tso on WarpcastCore infra that enables new apps continues to be one of the hottest narratives in crypto Join me and others on the /infra channel to discuss some of the most promising crypto infra and tooling developments! https://i.imgur.com/9k5u6hE.jpgFarcasterDavid Tso on WarpcastMessari’s State of DePIN: https://messari.io/report-pdf/f125632168e9a04e016fe43bc551f412389eda4f.pdfFarcasterDavid Tso on WarpcastThis roadmap is the beginning of a paradigm shift where the entire world is going to be re-platformed from online to onchain Base is already where people are building products that will change the world, and now it is starting to become the center of the onchain economy https://warpcast.com/jessepollak/0xe15d3572FarcasterDavid Tso on WarpcastCrypto UX doesn’t suck, it’s actually better: - Sign in to apps with @coinbase wallet - Send messages and money directly with @xmtp - One-click payments and checkouts with slice.so What did I miss?FarcasterDavid Tso on WarpcastThe biggest winner of the Bitcoin ETFs today? @coinbase They’re the custodian for 9 of the 11 firms that filed a Bitcoin ETF (Grayscale, Ark/21 Shares, BlackRock, Bitwise, WisdomTree, Invesco/Galaxy, Valkyrie, Global X, and Franklin Templeton) https://i.imgur.com/abRGC3U.jpgFarcasterDavid Tso on WarpcastBitcoin ETFs have crossed $2 billion in trading volume in the first hour of listing But job’s not finished All eyes on Ethereum ETFs, which could be approved as soon as May https://i.imgur.com/FWRNmKj.jpgFarcasterDavid Tso on WarpcastPeople in countries that are high-inflation and remittance-dependent want: - A stable store of value to save money - Faster and cheaper ways to send money - Access to the financial system to make money This is where $USDC comes in https://twitter.com/jessepollak/status/1745830362859864141FarcasterDavid Tso on WarpcastLast week, $100M+ was distributed to 501 projects building public goods and open-source software RetroPGF, now in its third iteration, is becoming an incredible force of good that has the potential to fix many of the challenges we see today with ESG https://i.imgur.com/RRJaVK4.png https://twitter.com/VitalikButerin/status/1745514958442361174FarcasterDavid Tso on Warpcastthirdweb’s Consumer Crypto Report: https://docsend.com/view/7rtwqsyq6gmvznpuFarcasterDavid Tso on WarpcastExcellent piece on consumer crypto from @amanda Feels like a continuation of @nickgrossman.eth’s The Myth of The Infrastructure Phase and how it applies to crypto today Early apps inspire infra, then that infra paves the way for new apps https://medium.com/@amanda0x/consumer-cryptos-breakout-cycle-2a212f2d1f4bFarcasterDavid Tso on WarpcastCoinbase Ventures’ Understanding the Zero-Knowledge Landscape: https://www.coinbase.com/blog/understanding-the-zero-knowledge-landscape https://i.imgur.com/6YOdQnx.pngFarcasterDavid Tso on WarpcastThe much anticipated 2023 Crypto Developer Report by Electric Capital is finally out The future of crypto is: - Global - Multichain - Bright There’s no better time to build onchain than now!! https://www.developerreport.com/developer-reportFarcasterDavid Tso on WarpcastWhen it comes to crypto education, Cornell is not just the #1 university in the world – it also offers more crypto/blockchain-related courses than any other top university Join my alma mater Cornell Blockchain this semester to be part of the next generation of blockchain leaders: cornellblockchain.org https://i.imgur.com/Xc3m1sN.jpg https://i.imgur.com/5NMdRGf.jpgFarcasterDavid Tso on WarpcastAgreed, the goal now is to make secure blockspace affordable for every developer to build on Compute on L3s will be as cheap and accessible as Amazon EC2 This will unleash the next wave of permissionless innovation and the long tail of use cases for crypto to succeed https://warpcast.com/jessepollak/0x5654f3dfFarcasterDavid Tso on WarpcastCrypto’s killer app is exporting the dollar on software-native rails: - Stablecoins have grown from $3B in circulation to >$125B in 5 years - Ton of real users in LatAm, Africa, Asia - 5M weekly addresses, 75% <$1K per week Who’s hacking on a bridge from Tron to Ethereum? https://liamhorne.com/stablecoinsFarcasterDavid Tso on WarpcastThe Crypto Consumer’s The State of Consumer Crypto https://paragraph.xyz/@consumercrypto/state-of-consumer-cryptoFarcasterDavid Tso on WarpcastBig win for onchain payments and checkout! 🛒 @beam-eco and @join enabling shopping on Amazon and Shopify with stablecoins is a major step forward The best part is it feels all the same whether you’re using $USDC or $USDT on @optimism or @base – time to bring commerce onchain https://warpcast.com/dstny/0xd172bd6eFarcasterDavid Tso on WarpcastVenture studio model for consumer apps courtesy of @li 👏 https://warpcast.com/li/0x752ef30eFarcasterConsumer Apps I LikedDavid Tso on WarpcastMint an onchain hat NFT and redeem for a physical hat https://t.co/hOKhEvmnrbFarcasterDavid Tso on WarpcastOnchain commerce @crowdmuse by @mmazco https://www.crowdmuse.xyz/collect/attention-power-crew-neck-slow-rodeo-base-houseFarcasterDavid Tso on WarpcastCreate your onchain store https://slice.so/FarcasterDavid Tso on WarpcastUpload your own sticker art and get paid when other people mint it to customize their 3D bottle NFT https://h2o.deleteyourself.com/FarcasterDavid Tso on WarpcastBecome a shareholder in world-renowned songs https://anotherblock.io/FarcasterDavid Tso on WarpcastGet access, rewards, and perks whenever you dine out https://www.blackbird.xyz/FarcasterDavid Tso on WarpcastBring your imagination onchain https://zora.co/FarcasterDavid Tso on WarpcastNo-code tool for onchain NFT collections https://www.indelible.xyz/FarcasterDavid Tso on WarpcastMint NFTs and give your collectors unique and valuable utility https://manifold.xyz/FarcasterDavid Tso on WarpcastCreate generative art onchain with powerful testing and preview tools, draft mode, and the ability to use any assets or libraries you like https://highlight.xyz/FarcasterDavid Tso on WarpcastMultiplayer open-world adventure and monster combat arena game with truly decentralized IP https://www.pixelmon.ai/FarcasterDavid Tso on WarpcastSci-fi based competitive card game where you build decks and face off, bank energy, and decide the fate of humanity https://parallel.life/FarcasterDavid Tso on WarpcastStore, invest, and convert your local currency to digital assets and vice versa https://www.onboard.xyz/FarcasterDavid Tso on WarpcastOnchain community currency supporting local businesses in Oakland https://www.oak.community/FarcasterDavid Tso on WarpcastDesign unique digital spaces to share exclusive content, host drops, and engage directly with your biggest fans https://www.bonfire.xyz/FarcasterDavid Tso on WarpcastChip, mint, link, and configure to deploy digi-physical experiences that better connect you with your audience: iyk.app https://i.imgur.com/qGC5Rjc.jpgFarcasterDavid Tso on WarpcastA fully onchain, generative racing game: speedtracer.xyz https://i.imgur.com/tU7aJDj.jpgFarcasterDavid Tso on WarpcastPlay as your NFT avatar with the communities you care about to win onchain rewards: niftyisland.com https://i.imgur.com/s8HO8lw.jpgFarcasterDavid Tso on WarpcastOne Collective Noun, every day, forever https://www.yellowcollective.xyz/FarcasterDavid Tso on WarpcastCreate and customize your very own custom punks: custompunks.app https://i.imgur.com/l4tQK6w.jpgFarcasterDavid Tso on WarpcastOnboard Wallet is making it easier for people in Nigeria and Kenya to get onchain 🌍 https://x.com/onboardwallet/status/1750129902479626325?s=46&t=WH1NEB3O4jfMt861gchHvAFarcasterDavid Tso on WarpcastCatalog Radio launching Jan 30 📡 ♾ 💽 https://beta.catalog.works/FarcasterDavid Tso on WarpcastGuide your Snaky Cat through obstacles and outmaneuver rivals to claim the top spot on the leaderboard https://snakycat.ioFarcasterInfrastructure UpdatesDavid Tso on WarpcastA match made in heaven: - @privy abstracts wallet creation - Pimlico abstracts all onchain UX https://warpcast.com/privy/0xf1ae320dFarcasterDavid Tso on WarpcastDeploy a rollup with @celestia underneath on 11 RaaS platforms https://twitter.com/CelestiaOrg/status/1742599112904802550FarcasterDavid Tso on WarpcastGreat read on EIP-4844 by @cygaar Getting the average rollup transaction fee down sub-cent and sustaining that is the goal This way, everyone around the world can do a significant number of onchain transactions per day https://twitter.com/0xCygaar/status/1742934105732554802FarcasterDavid Tso on WarpcastEthereum has no formal marketing department, but very valid point from @qw – most developers and users only care that the chain is cheap, fast, and easy to build on/use https://twitter.com/QwQiao/status/1742983690416742607FarcasterDavid Tso on WarpcastEthereum is a network securing hundreds of billions of dollars in value And it is not run in a top-down manner but by freely associating client teams who must agree to and implement all changes – @dcinvestor https://i.imgur.com/g2RPE6m.jpgFarcasterDavid Tso on WarpcastEtherscan now offers a Multichain Portfolio view: https://etherscan.io/address/0x41653c7d61609d856f29355e404f310ec4142cfb#multichain-portfolioFarcasterDavid Tso on WarpcastParallelism = lower and more consistent fees https://twitter.com/neelsalami/status/1742748470312923186FarcasterDavid Tso on WarpcastEtherscan is awesome but is also a critical point of failure for Ethereum https://medium.com/@marcoworms/etherescan-is-awesome-but-is-also-a-critical-point-of-failure-for-ethereum-167b0e995fe0FarcasterDavid Tso on WarpcastUser fees on @base and other L2s are going to reduce 10-100x via 4844 after the Ethereum Dencun upgrade This will be a key enabler for bringing the next billion users onchain h/t @jessepollak https://twitter.com/jessepollak/status/1747018622063804584FarcasterDavid Tso on WarpcastEIP-4844 is now live on Goerli 🎉 The blobs are among us .oO https://i.imgur.com/CUqsSVL.jpg https://x.com/timbeiko/status/1747507577230082276?s=46&t=WH1NEB3O4jfMt861gchHvAFarcasterDavid Tso on WarpcastHuge unlock for the Arbitrum Orbit ecosystem: - Self-serve Arbitrum L2s on Ethereum - Self-serve L3s atop non-Arbitrum L2s e.g. Optimism, Scroll, Linea, Polygon, zkSync, Starknet, and Loopring - Permissionless L3s on Arbitrum One/Nova One united Ethereum 🤝 https://i.imgur.com/Wv6bmFe.jpg https://twitter.com/arbitrum/status/1748073865132052689FarcasterDavid Tso on WarpcastPimlico team on fire: - Very first bundler supporting transaction compression - Can unlock 80%+ cost savings for apps that make their own compression contracts - New permissionless.js version with the new endpoint AA is about to have its moment 🚀 https://i.imgur.com/4w11ArT.png https://twitter.com/pimlicoHQ/status/1749226240920387730FarcasterDavid Tso on WarpcastGet rewards for your open-source contributions – from @mxcl, the creator of Homebrew The march toward funding open-source continues https://tea.xyz/FarcasterDavid Tso on WarpcastThe question of what exactly the fees will be when 4844 launches is a function of: - How much blobspace capacity we will have (known) - How much blobspace capacity rollups will use (unknown) I.e. fees are dependent on how much activity there is on rollups https://warpcast.com/jessepollak/0xb03f2dc5FarcasterDavid Tso on WarpcastOne step closer to the Superchain! ↔️ https://i.imgur.com/LJAKp5P.jpg https://twitter.com/superbridgeapp/status/1750654514162729085FarcasterAnd that’s my monthly roundup! Subscribe for free to receive new posts and follow me to stay in the loop.Follow Cryptso

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