This is a conference talk proposal for FarCon, the Farcaster conference taking place in Los Angeles, May 2-5, 2024. For more information, see https://farcon.xyz or https://www.warpcast.com/~/channel/farcon
1) What
"Consumer Crypto" is a phrase overloaded in the space, but many have converged on the same general definition: making crypto as ubiquitous as other elements of the web for regular consumers. This has many parallels to the early days of the hobby computer industry, where many businesses (small and multi-billion dollar alike) tried their hand at defining the destiny of home computers โ resulting in extremely bizarre attempts ranging from the Kitchen Computer to hand-wirewrapped breadboard kits loaded with BASIC and a hastily assembled programming manual.
All of these companies jockeying to make humans fit into their ideas of home computers ultimately lost out to the few who understood that you have to make home computers fit into the idea of humans. The same could be said for crypto today: Account Abstraction, paymasters, gas limits, "gigagas" โ all these ideas attempting to fit an idea of human needs into a crypto shaped hole.
My talk introduces the Alternative Thesis of Consumer Crypto: countering this era's version of Big Blue with a complete reworking of how crypto should be, challenging us to Think Different as we did four decades ago โ making crypto be what consumers want, rather than the other way around, and demonstrating what that actually looks like, contrasting against what it's looked like for the past few years.
If you've read some of my previous works (https://paragraph.xyz/@quilibrium.com/doom-on-frames and https://paragraph.xyz/@quilibrium.com/an-epitaph-for-blockchain), you'll get a sense for what I'm going to cover, with some very big surprises in the demonstration.
2) Why
Quilibrium is as much a redesign of modern crypto as it is a counter culture movement to return to the origin of the space: pro-privacy, pro-freedom, with no way to let in corporate centralized masters or censors. And true to that ethos, while we are a sponsor of FarCon, I am pitching this as a lightning talk at FarCon, for you to decide to hear me, rather than having a dedicated unquestionable timeslot, and I would be greatly honored to have your vote.
Last call for votes, friends! If you're going to FarCon and want to hear my lightning talk, please vote ๐ https://paragraph.xyz/@quilibrium.com/the-alternative-thesis-of-consumer-crypto
hype on this one!
wdym vote? vote how?
If you're going to FarCon, your address is whitelisted to vote in the above frame
lol i dumb ty. didn't even catch that it was a voting frame, just clicked pic to go to paragraph voted โ
Iโm in
I am not going but this is cool ๐ $100 DEGEN
100 $DEGEN
I wonโt be there, but Iโd love to hear this talk
It looks great and I hope you give your lightning talk
I'm unable to vote but I hope that you get to share your lightning talk
sharing spreadsheet i made for myself with lightning talk submissiosn ive seen If you submitted a talk and you're not on the sheet let me know! Would like to make this comprehensive for authors and easy for voters gl fam <3 https://docs.google.com/spreadsheets/d/1NERSZr-9tkm_U7x0-Gn3pLrGBykPsNte-zmFaa4VPS0
https://warpcast.com/liang/0x367d470c
added!
Thanks for including my talks proposal. But the title is wrong haha Sufficient Financialization (not sufficient Centralization) ๐ ๐ ๐ https://paragraph.xyz/@us3r/sufficient-decentralization
classic wuf. will update! tx for flag
but centralization would be a funnier talk too lol
true dat...hahah
25000 $DEGEN Huge thanks for putting this together! This was the missing piece ๐
10000 $degen for jumping in and helping!!! appreciate you
Man I missed a bunch of responses. All you guys! Just here to support ๐ซ
Missing mine ๐ https://warpcast.com/cassie/0x8b2a07f9
Late response but you're in (and have been for a bit since someone else flagged)
I just added mine! https://warpcast.com/minh/0x508990d7
adding to the list :)
Thank you!
Missing mine ๐ https://warpcast.com/macbudkowski/0x97a9b07c
on it! <3
Thanks for sharing the spreadsheet! I
Np ๐ซ
Awesome, thank you for doing that!
np <3
huge respect bruv
Execution and well-conceived integration are a mandatory minimum of realizing the potential of new innovations. Grab a coffee (or hot chocolate if you're @greg), sit back, and relax, we're going on a deep dive.
The Apple ][ is frequently hailed as one of the major milestones in personal computers. Not only did it make home computing more accessible than ever, it delivered many things we now take for granted that were incredible technological achievements for the time. Did you catch them in the picture above?
Let's look at an example of what others in the industry were offering to help demonstrate the difference: The Commodore PET. See the difference now? The Apple ][ could do color - something no other personal computer had been doing yet. The Apple ][ had floppy disks, faster and at greater capacity than any other. How?
At the time, video signals for home computers utilized NTSC composite video, the kind that worked with television monitors. These sets supported color through chrominance subcarrier frequency modulation - a technique that at the time typically required expensive chips to support.
Cool thread! I missed the application for a farcon pass unfortunately, but wish I could be there for your talk! Super interesting!
Good thread. I am quil-pilled now.I think i understood the issue with scaling the current blockchain models but I believe providing more visual representations of Quilibrium's structure would be helpful. I had to use claude to help me mentally visualize the bipartite graph in Qulibrium's structure.
it's clearly time for me revise and learn more about cryptography and data structures. Will read more about quilibrium after that. Also,I love how ambitious this project is. I hope it succeeds. Docs say system requirements will reduce after dusk, when is that? (i think it will happen soon, right?)
We're in the first stage of Dusk, the next reduces reqs and unlocks tokens
Thank you for writing this. I think it will take few more threads like this (and some hardcore reading on my part!) to fully understand how Quilibrium work. Your allegories to the past and references to current scaling problems helped me gauge its problem space.
500 $DEGEN
Amazing thread, this is what I come to FC for. I understood *some* of these words; does it mean that Quilibriumโs commitment scheme offers an alternate way that Ethereum *could* use to face its future scaling challenges post full danksharding, and if so, whatโs been the EFโs reaction so far if any? 1000 $degen
Making the leap from their existing structure would be the largest undertaking they could ever do. Structurally, even their account model would have to change, so I understand why they didn't do it, because even for their original sharding plan, their account model would still similarly need to change.
Thanks! So whatโs your vision for Quilibrium then: to be a technical proof of concept of how scalability can be done, to serve as a sidechain for existing blockchain designs that struggle to scale, to become a leading L1 with its own utility and use cases, etc?
NB: I also didnโt realize that scaling was dependent on the number of active addresses; I had always assumed that it was only contingent on TPS at a given time. So is that a fact that if 10x more addresses have transactions recorded to the blockchain, thatโs a scaling factor as well?
Ethereum records the world state merkle root in every transaction header, so updating that root is part of what nodes have to do, but also so is keeping all of that data if not sharded
Gorgeous
50 $DEGEN its amazing
My first rig was the //e. Purchased in March of 1984 with paper route money (and a small loan from my parents). The Mac was "too new" and I'd already used one (and some ][ models) with Bank Street Writer in my 6th grade English class. I learned BASIC and played a lot of Wizardry on it.
Epic
For Your Consideration from @cassie https://paragraph.xyz/@quilibrium.com/the-alternative-thesis-of-consumer-crypto
have a good day
My lightning talk proposal: https://paragraph.xyz/@quilibrium.com/the-alternative-thesis-of-consumer-crypto
this topic got me intrigued. looking forward to hearing your thoughts on bringing consumer to crypto vs crypto to consumers.
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hi dear cassie I am photographer please folow me and introduce me for your foloer
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