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Taylor Monahan Profile picture
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24 May, 4 tweets, 1 min read
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lol words 😅 🍂
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More from @tayvano_

Taylor Monahan Profile picture
27 May
I know a lot of research and technical brilliance went into EIP-1559. And I know I've stayed relatively quiet on the subject for a variety of reasons but...ugh. fml.

EIP-1559 does NOT deliver.

(ps: read before you speak. this isn't personal so don't @ me like it is. 😒)
EIP-1559, along with other EIPs, were initially conceived and proposed because the gas limit/gas price mechanism could be better. It's could be more efficient. It could be better for users. It could introduce more certainty. Improving things is GOOD.

timroughgarden.org/papers/eip1559… Image
EIP-1559 was one of few EIP's that gained social attention and traction. I was EXCITED to see a wider range of people involved in the process.

I would even sacrifice a perfectly perfect solution if it meant more people were more empowered to better the system.
Read 19 tweets
Taylor Monahan Profile picture
6 May
If you were deep into cryptopunks in june 2017 and can spare a moment, plz read on.

Doesn't matter if you were part of team or part of community, just that you are intimately familiar with how one would have most likely created a new wallet + bought punks back then
1. If someone only had crypto in their Coinbase account and wanted to buy a punk, what would they have most likely used (what was recommended? Tutorials?) to create a new wallet?

2. Then what?
3. If they had a ledger or trezor, would they have been able to buy a punk directly with their hardware wallet? Was it common?
Read 7 tweets
Taylor Monahan Profile picture
6 May
Wow did not resonate with me at all. The problem here is not crypto.

This is what happens when no one sets the stage, no one creates a shared experience token holders ("community" lol), no one has conviction in shared set of values bc values didn't come first, the $ came first.
I don't know much about Jon or whatever part he played in whatever he was part of that triggered his truth-rage.

But this isn't about Jon. This is about the 99% of shitcoins and shitheads in crypto and, if you follow me, it's the shit you see, the shit you hate, and the why.
If you arbitrarily create a group of people by selling them all a token, they will do as you do.

Well, first, theyll share some traits bc they all bought your sales pitch. How you sell matters far more than if you were selling toilet paper to shitheads. Bc you need them later.
Read 24 tweets
Taylor Monahan Profile picture
28 Apr
Reminder: Bitcoin is NOT private. Bitcoin CAN be traced. The ways to link onchain tx's and ultimately tie them to your IRL identity are increasingly sophisticated and the efforts are increasingly led by US agencies. The blockchain is forever.

But.....
As far as I can tell the tracing of on-chain BTC transactions played ~zero part in tracking down/confirming Bitcoin Fog's alleged operator's id.

The narrative the govt, Wired, etc are pushing on this (that bitcoin is not anonymous) is true. But it's also pretty irrelevant here.
The reality is that w/o 4 separate, centralized, key data sources the govt wouldn't have been able to track him down. Only one of those data sources came from a lawful subpoena: Google.

The rest came from Mt Gox + Liberty Reserve + BTC-E data that the IRS-CI just...has?
Read 21 tweets
Taylor Monahan Profile picture
28 Apr
Dude they got bitcoin fog

wired.com/story/bitcoin-…
I think we all know by now that anyone who knew about btc before 2013 is a villainous kingpin in the irs's eyes.

Feels to all the real kingpins out there who had to work hard irl for that title. 😂
Thanks Amy for the actual docs so I can stop thinking about clickbait headlines and the feelings of real kingpins. 😅

Read 22 tweets
Taylor Monahan Profile picture
22 Sep 20
understand the power of a telegram group. Even a tele full of non-devs who can't even register a domain name. 🤫
Ffs I get some work done and it went from like 20 ppl without a token name or a domain name or a fucking clue to 600+ people begging for drops.

This is for sure the future of finance folks.

🤫 ImageImageImageImage
The F U T U R E of finance folks. 😂😂😂 ImageImage
Read 48 tweets

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