chandanCrypto Applications Product Market Fit Analysis
In Crypto, there are a lot of applications that haven’t found product-market fit. But there is also a handful of applications that have a product market fit and are growing stably Here I will just explain my thoughts on which applications have Product-Market-Fit. Storage of Value (an asset that maintains or increases its value rather than depreciating)Bitcoin is the dominant product-market fit for this, followed by ETH. However, BTC has questionable long-term sustainability properties. Thanks...
chandanHow to Protect Your Crypto Wallet 95% of the Time
Always keep your private key and seed phrase offline, such as by writing them down on paper and storing them in a secure location that only you have access to. Do not save them on any device or cloud storage, as these can potentially be hacked and your wallet compromised.To further increase security, you can consider leaving out a few words from your seed phrase when writing it down, and memorizing or securely storing these words separately. This way, even if someone gets hold of the paper wi...
chandanAre Layer 2s Superior to Alt-1 for Scaling Capabilities?
Traditional monolithic execution layers rely on 1000s of block producers and non-producing full nodes, requiring a majority of them to act honestly. In contrast, layer 2s only require a single honest "Sequencer" to guarantee network integrity. This asymmetric trade-off suggests that layer 2s will consistently deliver high throughput and significant performance advantages, even when the same hardware is employed by both layer 1 and layer 2. This is due to the inefficiencies of synchronization ...
Researching Layer 1/2s, DeFi, and modular ecosystems.
chandanCrypto Applications Product Market Fit Analysis
In Crypto, there are a lot of applications that haven’t found product-market fit. But there is also a handful of applications that have a product market fit and are growing stably Here I will just explain my thoughts on which applications have Product-Market-Fit. Storage of Value (an asset that maintains or increases its value rather than depreciating)Bitcoin is the dominant product-market fit for this, followed by ETH. However, BTC has questionable long-term sustainability properties. Thanks...
chandanHow to Protect Your Crypto Wallet 95% of the Time
Always keep your private key and seed phrase offline, such as by writing them down on paper and storing them in a secure location that only you have access to. Do not save them on any device or cloud storage, as these can potentially be hacked and your wallet compromised.To further increase security, you can consider leaving out a few words from your seed phrase when writing it down, and memorizing or securely storing these words separately. This way, even if someone gets hold of the paper wi...
chandanAre Layer 2s Superior to Alt-1 for Scaling Capabilities?
Traditional monolithic execution layers rely on 1000s of block producers and non-producing full nodes, requiring a majority of them to act honestly. In contrast, layer 2s only require a single honest "Sequencer" to guarantee network integrity. This asymmetric trade-off suggests that layer 2s will consistently deliver high throughput and significant performance advantages, even when the same hardware is employed by both layer 1 and layer 2. This is due to the inefficiencies of synchronization ...
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I am increasingly bullish on TON every day. Here’s why:
Telegram will likely integrate TON more extensively than other blockchains since they hold TON. They makes TON just one click away for users compared to other blockchains.
People open social apps like Telegram multiple times a day. The Telegram mini-apps marketplace is growing, providing more opportunities for TON integration.
Although TON's tooling (smart contract language, dev tooling, RPC) and bridging are currently lacking, these issues are fixable.
Base is unmatched in user experience compared to any other blockchain. They've introduced Smart Wallet, lowered gas fees weekly, sponsoring gas for users, and created MagicSpend. Base has been growing rapidly. Most layer-2s that haven't gained critical mass adoption are going to zero.
I'm bullish on Ostiumlabs. The first versions of RWAs on chain will likely be perpetuals rather than tokenized versions. Most communities trade with 10x to 100x leverage because price actions are slow, so traders expect large leverage. The two main issues here are getting community prices on-chain and allowing users to take large leverage.
Crypto on/off ramps are still not user-friendly. However, Moonpay x PayPal partnership is a positive step. We need more such partnerships to reduce friction between fiat and Web3.
Bitcoin NFT sales volume growth is impressive, currently holding 42% market share and growing 75% QoQ, mostly in the past 5 months. Taproot is also improving, and stablecoins will soon be available on it.
This chart makes me bullish on projects building on Bitcoin. Despite the lack of tooling, the opportunity is enormous.
Builders currently get a 12s monopoly on which transactions to include. With MaxEB (32 ETH to 2,048 ETH), we get shorter block times, reduced toxic flow, harder sandwiching, and slightly lower fees. a huge improvement for Users. - Bullish MaxEB
Blockchains will be the balance sheets for assets and Coprocessor will be the compute layer for all blockchains. In a way Layer2s are Coprocessor built for specific blockchains they are not apart from general Coprocessor, but layer2s fragment the assets btw to blockchain not Coprocessors.
https://x.com/modular_summit/status/1815522829661819191
See U Next Week!
I am increasingly bullish on TON every day. Here’s why:
Telegram will likely integrate TON more extensively than other blockchains since they hold TON. They makes TON just one click away for users compared to other blockchains.
People open social apps like Telegram multiple times a day. The Telegram mini-apps marketplace is growing, providing more opportunities for TON integration.
Although TON's tooling (smart contract language, dev tooling, RPC) and bridging are currently lacking, these issues are fixable.
Base is unmatched in user experience compared to any other blockchain. They've introduced Smart Wallet, lowered gas fees weekly, sponsoring gas for users, and created MagicSpend. Base has been growing rapidly. Most layer-2s that haven't gained critical mass adoption are going to zero.
I'm bullish on Ostiumlabs. The first versions of RWAs on chain will likely be perpetuals rather than tokenized versions. Most communities trade with 10x to 100x leverage because price actions are slow, so traders expect large leverage. The two main issues here are getting community prices on-chain and allowing users to take large leverage.
Crypto on/off ramps are still not user-friendly. However, Moonpay x PayPal partnership is a positive step. We need more such partnerships to reduce friction between fiat and Web3.
Bitcoin NFT sales volume growth is impressive, currently holding 42% market share and growing 75% QoQ, mostly in the past 5 months. Taproot is also improving, and stablecoins will soon be available on it.
This chart makes me bullish on projects building on Bitcoin. Despite the lack of tooling, the opportunity is enormous.
Builders currently get a 12s monopoly on which transactions to include. With MaxEB (32 ETH to 2,048 ETH), we get shorter block times, reduced toxic flow, harder sandwiching, and slightly lower fees. a huge improvement for Users. - Bullish MaxEB
Blockchains will be the balance sheets for assets and Coprocessor will be the compute layer for all blockchains. In a way Layer2s are Coprocessor built for specific blockchains they are not apart from general Coprocessor, but layer2s fragment the assets btw to blockchain not Coprocessors.
https://x.com/modular_summit/status/1815522829661819191
See U Next Week!
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