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 ...
Researching Layer 1/2s, DeFi, and modular ecosystems.
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L3s, Appchains, AI, Enjoy, zk
Some articles I published this week:
https://mirror.xyz/iamchandan.eth/7unTTznU4pcwslxCuEhDSHlgwdHDwFrpYCfdvL5Mr0U
https://mirror.xyz/iamchandan.eth/FeWTcMQfYiTVzqR1HTAnZHp4H3LIlUghT4Sm3mgwjFg
Network effects are most important in the crypto space.
The core problem is the gas fee, as network usage increases, the gas fee also increases. We have seen this with Solana, Base, and Ethereum.
DeFi is the encoding of mathematical relationships with tokens.
DEX: k = xy.
In lending, collateral is greater than debt.
Bridges are complex because they have intricate systems that need to be connected.
The compounding effect of more users, applications, and tokens is significant.
The power law distribution of chain usage depends on the introduction of blockchains.
Institutions will create their own chains so that they can exert more control. Coinbase is launching Base.
L3s, Appchains, AI, Enjoy, zk
Some articles I published this week:
https://mirror.xyz/iamchandan.eth/7unTTznU4pcwslxCuEhDSHlgwdHDwFrpYCfdvL5Mr0U
https://mirror.xyz/iamchandan.eth/FeWTcMQfYiTVzqR1HTAnZHp4H3LIlUghT4Sm3mgwjFg
Network effects are most important in the crypto space.
The core problem is the gas fee, as network usage increases, the gas fee also increases. We have seen this with Solana, Base, and Ethereum.
DeFi is the encoding of mathematical relationships with tokens.
DEX: k = xy.
In lending, collateral is greater than debt.
Bridges are complex because they have intricate systems that need to be connected.
The compounding effect of more users, applications, and tokens is significant.
The power law distribution of chain usage depends on the introduction of blockchains.
Institutions will create their own chains so that they can exert more control. Coinbase is launching Base.
BlackRock Tokenized fund on Ethereum: RWA Tokens pump like crazy
Tokenization enables Global Reach, Speed, Cost reduction.
Next Big thing to Tokenization will be US stocks very much popular out of US.
The proliferation of appchains and layer 2 solutions is creating additional overhead for developers.
The narrative in the space seems to be shifting towards layer 3 solutions.
There has been a surge in the number of memo coins launching on Base.
Memo coin segmented market with left and Right curve investors.
Abstracting the User experience from On-chain.
All zero-knowledge (Zk) chains are optimistic to some extent because Ethereum can sometimes undergo reorganizations, and we optimistically believe that the team will add the transactions.
There will be fewer general layer-2 solutions and more application-specific chains (appchains). Layer 3 is an experimentation zone and has a similar level of trust as web2 applications.
Interoperability (Introp) enables asset fungibility between chains, and Optimism is building a shared root of trust.
There is a clear path for scaling Ethereum through Distributed Arborescence (DA).
Enjoy seems very interesting.
See you next week!
Let’s connect at
BlackRock Tokenized fund on Ethereum: RWA Tokens pump like crazy
Tokenization enables Global Reach, Speed, Cost reduction.
Next Big thing to Tokenization will be US stocks very much popular out of US.
The proliferation of appchains and layer 2 solutions is creating additional overhead for developers.
The narrative in the space seems to be shifting towards layer 3 solutions.
There has been a surge in the number of memo coins launching on Base.
Memo coin segmented market with left and Right curve investors.
Abstracting the User experience from On-chain.
All zero-knowledge (Zk) chains are optimistic to some extent because Ethereum can sometimes undergo reorganizations, and we optimistically believe that the team will add the transactions.
There will be fewer general layer-2 solutions and more application-specific chains (appchains). Layer 3 is an experimentation zone and has a similar level of trust as web2 applications.
Interoperability (Introp) enables asset fungibility between chains, and Optimism is building a shared root of trust.
There is a clear path for scaling Ethereum through Distributed Arborescence (DA).
Enjoy seems very interesting.
See you next week!
Let’s connect at
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