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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Topics: Blobs, Sanctum, Solana, Monad, Degen, SUAVE
Issues with Blobs
For a detailed analysis of Blob inclusion rates and market strategies, check out this article: Analyzing Blob Inclusion Rates and Market Strategies.
Sanctum and the EVM Space
Sanctum-like platforms are being replicated in the EVM space for LST and LRT tokens. It's interesting to see apps with distribution launching their own LSTs to capture more value, akin to what's happening in the stablecoin space where every DeFi app with distribution is launching its own token. More details can be found here: Sanctum’s Strategy.
Solana's Challenges
Solana has proven unreliable for settlements due to its downtimes, which is unacceptable for RollApps and Rollups. Nevertheless, it's fascinating to see some in the Solana community considering modularity for scalability, evaluating that monolithic chains can’t scale effectively. Further information is available here: Solana Community Insights.
Monad's Innovations
Monad is addressing key issues in EVM, marking a significant advancement for EVM chains which can benefit from the research and development undertaken by the Monad team. This development is seen as a bullish sign for EVM. More on this topic here: Monad Developments.
Introduction to Degen Token
For an introduction to Degen token, read this article on Farcaster: Degen Token on Farcaster.
UX and Layer 2 Strategies
A major critique of the rollup-centric roadmap/L2s is the poor user experience (UX) due to domain multiplicity and liquidity fragmentation. However, account abstraction and cross-domain intents with SUAVE could significantly enhance UX. For more insights, read: Improving UX in Crypto.
Solana LST space is growing up quickly similar to Ethereum.
See you next week!
Connect at X
“Let's create new coordination tools with web3 to make humanity Type III civilization.
Topics: Blobs, Sanctum, Solana, Monad, Degen, SUAVE
Issues with Blobs
For a detailed analysis of Blob inclusion rates and market strategies, check out this article: Analyzing Blob Inclusion Rates and Market Strategies.
Sanctum and the EVM Space
Sanctum-like platforms are being replicated in the EVM space for LST and LRT tokens. It's interesting to see apps with distribution launching their own LSTs to capture more value, akin to what's happening in the stablecoin space where every DeFi app with distribution is launching its own token. More details can be found here: Sanctum’s Strategy.
Solana's Challenges
Solana has proven unreliable for settlements due to its downtimes, which is unacceptable for RollApps and Rollups. Nevertheless, it's fascinating to see some in the Solana community considering modularity for scalability, evaluating that monolithic chains can’t scale effectively. Further information is available here: Solana Community Insights.
Monad's Innovations
Monad is addressing key issues in EVM, marking a significant advancement for EVM chains which can benefit from the research and development undertaken by the Monad team. This development is seen as a bullish sign for EVM. More on this topic here: Monad Developments.
Introduction to Degen Token
For an introduction to Degen token, read this article on Farcaster: Degen Token on Farcaster.
UX and Layer 2 Strategies
A major critique of the rollup-centric roadmap/L2s is the poor user experience (UX) due to domain multiplicity and liquidity fragmentation. However, account abstraction and cross-domain intents with SUAVE could significantly enhance UX. For more insights, read: Improving UX in Crypto.
Solana LST space is growing up quickly similar to Ethereum.
See you next week!
Connect at X
“Let's create new coordination tools with web3 to make humanity Type III civilization.
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