SubscribeOne thing I learned today: One of the decentralized social apps, FARCASTER, created a Layer-3 blockchain using Arbitrum Orbit, a custom blockchain, that settles on Base’s Layer-2. Why is this significant? In my opinion, in the short term this will face head winds as it will be flooded with meme coins and literal spam. Much of what will be built on there will just be random jargon for (no pun intended) crypto DEGENS. However, I think what we’re missing here is the revolutionary abilit...

SubscribeOne thing I learned today: One of the decentralized social apps, FARCASTER, created a Layer-3 blockchain using Arbitrum Orbit, a custom blockchain, that settles on Base’s Layer-2. Why is this significant? In my opinion, in the short term this will face head winds as it will be flooded with meme coins and literal spam. Much of what will be built on there will just be random jargon for (no pun intended) crypto DEGENS. However, I think what we’re missing here is the revolutionary abilit...

SubscribeOne thing I learned today: TO be clear I have known about Ondo Finance and how they provide tokenized RWA to investors. I thought there was opportunity for retail but it looks like it is only private and institutional investors. I did a quick dive on Ondo and here are some quick tid bits I found from their website. OUSG which is their tokenized money market fund which earns yield on cash, and US Treasury bills. Currently, OUSG made a large deposit (~$90 million) into the Blackrock BU...

SubscribeOne thing I learned today: TO be clear I have known about Ondo Finance and how they provide tokenized RWA to investors. I thought there was opportunity for retail but it looks like it is only private and institutional investors. I did a quick dive on Ondo and here are some quick tid bits I found from their website. OUSG which is their tokenized money market fund which earns yield on cash, and US Treasury bills. Currently, OUSG made a large deposit (~$90 million) into the Blackrock BU...

SubscribeOne thing I learned today: Currently validators need to stake 32 ETH on the Ethereum network to attest and validate transactions on the network. However, the current process for a validator to stop operations or stop validating transactions is quite difficult. EIP-7002 aims to make that process easier. Validator Set-up: Validators use two-keys: Active Key (Hot): Actively signs blocks and veriffies transactions Withdrawal Credential (Cold): This key controls the staked funds and rewar...

SubscribeOne thing I learned today: Currently validators need to stake 32 ETH on the Ethereum network to attest and validate transactions on the network. However, the current process for a validator to stop operations or stop validating transactions is quite difficult. EIP-7002 aims to make that process easier. Validator Set-up: Validators use two-keys: Active Key (Hot): Actively signs blocks and veriffies transactions Withdrawal Credential (Cold): This key controls the staked funds and rewar...

SubscribeOne thing I learned today: I am pretty confused with flash loans and how they work so i decided to try and learn about them and how they could be used: A flash loan allows someone to borrow un-collateralized cryptocurrencies but repayment has to happen within the same smart contract transaction. If the person fails to repay the loan within the same smart contract then all the funds that were loaned are reverted back to its place of origin. In this case it would be a lending pool oppo...

SubscribeOne thing I learned today: I am pretty confused with flash loans and how they work so i decided to try and learn about them and how they could be used: A flash loan allows someone to borrow un-collateralized cryptocurrencies but repayment has to happen within the same smart contract transaction. If the person fails to repay the loan within the same smart contract then all the funds that were loaned are reverted back to its place of origin. In this case it would be a lending pool oppo...

SubscribeOne thing I learned today: Vitalik recently commented on the future of Ethereum and the next update: The Purge. Here is what he detailed. EIP-6780: The goal of EIP-6780 is to simplify the code for eth clients, verkle trees, and account abstraction. The SELFDESTRUCT call deletes the contract that calls it and removes its storage from the ETH blockchain. This unrestricted SELFDESTRUCT posed two problems for the Purge:Verkle Trees need accurate storage information the unlimited SELFDEST...

SubscribeOne thing I learned today: Vitalik recently commented on the future of Ethereum and the next update: The Purge. Here is what he detailed. EIP-6780: The goal of EIP-6780 is to simplify the code for eth clients, verkle trees, and account abstraction. The SELFDESTRUCT call deletes the contract that calls it and removes its storage from the ETH blockchain. This unrestricted SELFDESTRUCT posed two problems for the Purge:Verkle Trees need accurate storage information the unlimited SELFDEST...

SubscribeOne thing I learned today: In my personal opinion I think distributed validator technology will be revolutionary to further decentralize ethereum and to further grow the ability for light clients and for individuals/enterprises enter the ethereum network to validate and earn rewards at a lower cost. Some of the other benefits of DVT is the ability to have geographical abundancy and resiliency when it comes to attack or power outages. Key distribution makes it harder for hackers to ga...

SubscribeOne thing I learned today: In my personal opinion I think distributed validator technology will be revolutionary to further decentralize ethereum and to further grow the ability for light clients and for individuals/enterprises enter the ethereum network to validate and earn rewards at a lower cost. Some of the other benefits of DVT is the ability to have geographical abundancy and resiliency when it comes to attack or power outages. Key distribution makes it harder for hackers to ga...

SubscribeOne thing I learned today: Optimism unveiled the RetroPGF which is a public goods fund to help fund development on the OP Stack. The funding will equal 850 million OP tokens. Optimism is trying to incentivise the development of the superchain which is their goal of growing blockchains through the OP Stack. The funding will go across 4 rounds.Onchain buildersOp Stack (projects like base using the OP Stack as their blockchain)Governance (Tools that ultimately improve decentralization)D...

SubscribeOne thing I learned today: Optimism unveiled the RetroPGF which is a public goods fund to help fund development on the OP Stack. The funding will equal 850 million OP tokens. Optimism is trying to incentivise the development of the superchain which is their goal of growing blockchains through the OP Stack. The funding will go across 4 rounds.Onchain buildersOp Stack (projects like base using the OP Stack as their blockchain)Governance (Tools that ultimately improve decentralization)D...

SubscribeOne thing I learned today: In layer-2 roll-up protocols their is a component called a sequencer that in short:orders transactions within a blockbatches transactions togethersubmits batched transactions to the Ethereum Layer-1However, there are a few concerns with sequencers in terms of the centralization effects that currently face layer-2s. For example, if there is a single sequencer it creates a single point of failure for the blockchain network, which poses security concerns for n...

SubscribeOne thing I learned today: In layer-2 roll-up protocols their is a component called a sequencer that in short:orders transactions within a blockbatches transactions togethersubmits batched transactions to the Ethereum Layer-1However, there are a few concerns with sequencers in terms of the centralization effects that currently face layer-2s. For example, if there is a single sequencer it creates a single point of failure for the blockchain network, which poses security concerns for n...

One thing I learned today: People are watching whether you know it or not, and keep chiseling away at your goals. Life is a marathon. Affirmations: I will run the NYC marathon under 4:00:00 and exceed my fundraising goal I will grow my blog by 10% every month using web3 marketing tools Gratitude: Grateful to have a cool team Miracle Morning: Read: no Meditate: no Make my bed: yes workout: yes (run) Affirmations: yes Gratitude: yes

One thing I learned today: People are watching whether you know it or not, and keep chiseling away at your goals. Life is a marathon. Affirmations: I will run the NYC marathon under 4:00:00 and exceed my fundraising goal I will grow my blog by 10% every month using web3 marketing tools Gratitude: Grateful to have a cool team Miracle Morning: Read: no Meditate: no Make my bed: yes workout: yes (run) Affirmations: yes Gratitude: yes

SubscribeOne thing I learned today: How does account abstraction give the user the ability to 1. reduce gas fees 2. have no gas fees?Account abstraction introduces the concept of bundlers. This allows for multiple individual transactions to be sent to the bundler and then be broadcasted to the network in a bundle.By compressing these transactions into 1 bundle significantly reduces gas fees for the user.Users can streamline the payment of their gas fees by:designating a different wallet addre...

SubscribeOne thing I learned today: How does account abstraction give the user the ability to 1. reduce gas fees 2. have no gas fees?Account abstraction introduces the concept of bundlers. This allows for multiple individual transactions to be sent to the bundler and then be broadcasted to the network in a bundle.By compressing these transactions into 1 bundle significantly reduces gas fees for the user.Users can streamline the payment of their gas fees by:designating a different wallet addre...

SubscribeOne thing I learned today: Put my best effort out there; the rest will fall into place Affirmations: I will run the 2024 nyc marathon under 4:00:00 and exceed my fundraising goal I will grow my blog by 10% monthly using web3 tools Gratitude: I am grateful to be where I am today. If you told 2020 self that I’d be working on some cool things within the digital asset space I’d tell you that you’re crazy Miracle Morning: Read: no Meditate: no make my bed: yes Workout: yes (run and chest)...

SubscribeOne thing I learned today: Put my best effort out there; the rest will fall into place Affirmations: I will run the 2024 nyc marathon under 4:00:00 and exceed my fundraising goal I will grow my blog by 10% monthly using web3 tools Gratitude: I am grateful to be where I am today. If you told 2020 self that I’d be working on some cool things within the digital asset space I’d tell you that you’re crazy Miracle Morning: Read: no Meditate: no make my bed: yes Workout: yes (run and chest)...

SubscribeOne thing I learned today: That running in the rain is actually kind of fun if it’s warm out. Affirmations: I will run the NYC marathon under 4:00:00 and exceed my fundraising goal I will continue to grow my blog by 10% every month using web3 tools Gratitude: Grateful to have the ability to spend money on fun things. So many people can’t do that. Miracle MorningL Read: no meditate: no Affirmations: yes Gratitude:yes Make my bed: yes Workout: yes (run)

SubscribeOne thing I learned today: That running in the rain is actually kind of fun if it’s warm out. Affirmations: I will run the NYC marathon under 4:00:00 and exceed my fundraising goal I will continue to grow my blog by 10% every month using web3 tools Gratitude: Grateful to have the ability to spend money on fun things. So many people can’t do that. Miracle MorningL Read: no meditate: no Affirmations: yes Gratitude:yes Make my bed: yes Workout: yes (run)