15 thoughts from a developer working 1.5 years in crypto / blockchain / web3

- Most ppl don't care about NFTs as they're widely used today
- Most ppl will not (should not?) pay to transact in most cases
- Points of centralization will temporarily be needed to provide better UX
- Most ppl don't care about DeFI
- People *do* care about fair global access to financial infrastructure
- Stablecoins are one of the most useful, important, powerful primitives
- Stablecoins are not understood by most people – they still think that all crypto is volatile
- Blockchains still don't scale for mass adoption
- Many ppl think a few thousand tx per second is a lot for a shared execution environment, meanwhile traditional databases alone can handle millions operations / second (I know, not apples to apples but worth pointing out)
- Traditional dev tooling + infrastructure is years ahead, & focus on UX / DX, while many (most?) web3 protocols / teams focus on crypto-native people
- We need more Vercel-like services that abstract but still leverage the powerful, core primitives, maintaining decentralization
- There has been more focus on DX since I joined the space. It's much better now than 18 months ago & getting better
- Financial incentives are both good and bad. They are a great way to onboard users and even build teams, but incentivize more bad behavior than I can cover here
- Financial incentives encourage maximalism much more than traditional tech. Their main concern is extracting as much $ for themselves as possible – not any positive causes or moving technology, humanity, or the industry forward, & often make it hard to have honest conversations.
- There are teams who have identified many of the things I mentioned above and are working and building with them in mind, which makes me bullish and excited about the future

scalability and accessibility are the areas of focus I'm most interested in atm.

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More from @dabit3

Sep 15
Making Blockchains Suck Less

My most recent conference talk the form of a (long) thread 🧵

Featuring @arbitrum Nova, @cosmos, @ignite_com, @LensProtocol, @0xPolygon, @fuellabs_, @biconomy, @AptosLabs, @Mysten_Labs, @CelestiaOrg, and more.

1/n 👇
We'll begin with use cases.

I bucket them into two main categories - financial and non-financial.

Financial of course being crypto-related.

Non-financial being data and infrastructure-related (closer to how we might use a traditional database).
Beyond financial use cases, what excites me the most has to do with composable, public data and infrastructure.

Developers are using decentralized networks as open APIs that are not controlled or owned by anyone.
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Jul 15
A thread about social graphs and how web3 brings a paradigm shift in how social networks will be built in the future: 🧵
A social graph is a representation of the interconnection of relationships in an online social network.

In applications that we use today, social graphs almost all typically follow the same exact pattern:

They allow a user to create an account and a profile, create and post
content, follow other users, and view a feed of content the application recommends to them.

Today, popular versions of social graphs are YouTube, TikTok, YouTube, Twitter, and Facebook.

The problem with social graphs as they exist today is that when you build an audience,
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Jul 14
The modular paradigm opens the door to much more flexibility in how developers can build blockchain applications.

@CelestiaOrg enables 5 different ways for developers to build, all with different tradeoffs: 🧵 Image
1. Deploying an application to a rollup already running on Celestia

The easiest way to get started will be to deploy a smart contract to a rollup chain already running on Celestia.

The barrier to entry is low in that you can use your existing skillet without having to learn
anything new.

2. Deploying a chain / rollup to a settlement layer running on Celestia

Unlike Ethereum, Celestia has no enshrined settlement layer built in. Instead, there will be various settlement layers that available to enable developers to easily deploy their own rollup or
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Jun 30
Blockchain modularity - a mental model, explanation, and resources for understanding the future of decentralized networks and web3:
In this thread I'll lay out what blockchain modularity is, why it's taking off, 4 properties of a modular stack, and 10 resources to help deepen your understanding.

Let's start by comparing the evolution of blockchain networks to that of traditional application infrastructure.
In the early days of the internet, if you wanted to deploy your own website, you needed to have your own server and hardware.

This imposed a limitation for the average person to be able to participate as a creator in the open web.
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Jun 20
I'm excited to announce that I'm joining @celestiaorg doing DevRel alongside @yazanator! ✨

I'll be working on new architecture that will forever change the way we build decentralized applications.

Here's why I'm excited about Celestia - the first Modular Blockchain Network. 👇
Blockchain architectures until recently have been monolithic, meaning they were responsible for all core functions of a blockchain - consensus, data availability, settlement, & execution.

Monolithic chains, where everyone executes every transaction, are by nature not scalable.
Recently, a new approach and paradigm for scaling has been gaining mindshare - modularity.

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May 1
the current gas prices are bearish as fuck for Ethereum and every person who even tries to argue otherwise makes me even more bearish on all of this shit, the level of mental gymnastics people go through to justify this shit is sickening
an ungodly amount of resources are being locked into a chain that 99.99% of the worlds population will simply not have access to, this is not what I signed up for and why I’m certain the monolithic approach to building blockchain networks is not the way forward
If we’re using rollups then why not just use a different chain altogether that is not limited to the constraints of the underlying L1, especially in the future when we’ll see more and more innovation happening?
Read 6 tweets

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