🧵 I’m v bullish on ZK rollup tech

So is the CT “intelligentsia” who seem to think they are the only L1 or L2 scaling solution worth considering

This is short sighted. At best ZK EVM dapp ecos will only START to be built this year, likely without much activity until next year
🧵I shouldn’t need to remind anyone that a lot can happen in crypto between now and then. $FTM and other L1s could pump another 5-10x. New Optimistic rollups like $METIS could pump 100x. Or maybe it’ll be PriDeFi like $SCRT $ROSE or $DUSK.

Or all of the above.

Or a bear.
🧵Moreover #BSC and $MATIC didn’t pump because they had the best tech, but they still made multiples in a matter of months.
🧵Eventually I believe the best tech will win out. That could be EVM ZKs (I have positions), but until then don’t miss out on short to medium term opportunities by being blinded by still theoretical tech and the CT intelligencia’s jargon.
Btw I’m writing another thread, this time on L2 scaling solutions. It was from this research that I noticed how pervasive the “ZK above all else” narrative was. In the short - medium term I think that narrative is not the correct one.

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More from @BillyBobBaghold

23 Nov
L2 Mega Thread

I write threads mainly to educate and share my research findings, but also to refine and clarify my own ideas. Research and writing force you to understand something and help to test your assumptions and challenge biases.
I also like to trade narratives - this is why I rotated from #BSC to $MATIC to $SOL to $FTM ecos this year as narratives shifted. I’ve noticed what I think is the beginning of a new narrative, being the move to $ETH L2s.
So I thought I should start researching L2s to hopefully find some alpha for us and pick winners. So here it is below.
Read 32 tweets
14 Nov
$METIS Mega Thread 1/n

I aped into $METIS around a month upon a recommendation from someone I trust. Since then I did more research and the more I have read, the more impressed I became. So I have increased my position size significantly in the last few weeks on dips
I will go into why I think it could become the dominant L2, its impressive tech, partnerships, team, connections to Vitalik Buterin, why Rollups are fundamental to ETH scaling and more.
Despite its potential, @metisdao is still relatively unknown and has a tiny MC relative to its peers and potential. Hopefully this thread will serve as a good intro to the protocol and why I am so bullish.
Read 49 tweets
5 Sep
$FTM Tweetsorm 1/

$FTM is my biggest alt bag, so I thought I would my first long form tweet storm in 2.5 years. Given it’s my biggest bag, I’m probably a bit biased, but I’ve tried to be objective as possible.
$FTM Tech 1

$FTM uses DAG tech and an aBFT consensus algo to provide what it hopes to be near infinite scalability with super fast and low cost txs.
$FTM Tech 2

aBFT is arguably the highest standard in consensus algorithms as it has solved the Scalability Trilema as well or better than any algo, that being:
Read 27 tweets
11 Feb

$XHV is deservedly starting to get some attention. Here’s a short summary of its key features for those new to it

⁃A crypto Swiss bank account allowing users to anonymously mint assets pegged to real word prices (see below for details)
⁃$XMR fork

To mint any asset, you burn the equivalent USD amount of XHV. For example to mint $xUSD, if XHV is worth $1 you would need 100 $XHV to mint 100 xUSD.

Once integrated with $RUNE you will be able to mint any pegged real world asset, not just USD. To determine minting and burning pricing, $XHV uses $LINK and $BAND oracle data.
Read 7 tweets
20 Sep 18
1/22 $TEL Review Intro
$TEL’s answer to crypto adoption is to make it easy and intuitive to send crypto payments over mobile phone networks. It’s a great idea and has huge potential if the team can execute.
2/22 $TEL Review Vision
The grand vision is to enable $TEL to be sent to any mob number in the world.
With more than 5 bil cell phone users in the world $TEL will use the telecoms network to send crypto payments making crypto accessible and usable especially for the unbanked👇
3/22 $TEL Review Use Case

$TEL hope to be used as a p2p transactional currency and for remittances. It will initially focus on the remittance market, but hope to grow to include those use cases from its WP👇
Read 22 tweets

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