Messari Profile picture
Sep 2 7 tweets 4 min read
1/ Our analysts were busy last month!

Let's run through some August 22' report highlights and see if we can find any alpha. 📰 Image
2/ You're probably sick of hearing about it at this point but the Merge is just days away.

For all of our speculatoooors out there, $ETC price has typically been driven by major upgrade news in the past. Image
3/ Centralization came into focus after the @TornadoCash sanctions.

While chokepoints still exist across the infrastructure stack, the Proof of Physical Work token distribution method provided by Web3 infra could be the next catalyst to spark a bull. ImageImage
4/ Things have been tough across both EVM and non-EVM chains.

However, @solana has remained the clear leader across non-EVM chains in usage metrics. Image
5/ For some hopium...

@synthetix_io and @GMX_IO saw positive growth trends. ImageImage
6/ We didn't forget about NFTs.

@sudoswap's AMM jumped from 1% of @opensea's volume to 10% before seeing its first slowdown since launch. Image
7/ If you're still here it's a perfect time to play catch up on any reports you missed.

September is looking like a huge month with the Merge and #Mainnet2022 landing just days apart 😬

Come see what you're missing ⬇️
messari.io

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More from @MessariCrypto

Sep 2
Next week - Sept 6-8 - @twobitidiot is hosting Twitter Spaces w/ #Mainnet2022 speakers to discuss some of the🌶️spiciest🌶️topics in crypto!

See the lineup👇
Tuesday, Sept 6 at 12 pm ET - Regulatoooors: Wen Clarity?
Wednesday, Sept 7 at 12 pm ET - The New Economics of Ethereum's Merge
Read 5 tweets
Sep 1
1/ Born in the wake of @ethereum's 2021 gas wars, alt-layer 1s were created to provide a cheaper and faster user experience.

@klaytn_official was designed for high TPS, low latency, and near-instant finality, with an emphasis on enterprise-level solutions. 🧵
2/ @klaytn_official is composed of three networks:

+Core Cell networks (CCNs) perform consensus

+Endpoint Node Networks (ENNs) connect the CCN with users, applications, and Service Chains

+Service Chains allow apps and enterprises to have their own execution environment
3/ Like many other alt-L1s, @klaytn_official activity did not take off until the second half of 2021.

During this period, Klaytn’s circulating market cap (i.e., network value) also increased to as much as $4.75B, ranking it 40th among all cryptocurrencies.
Read 4 tweets
Sep 1
1/ "Anyone can be a node operator".

With the Merge coinciding with some major @Rocket_Pool improvements, what value could the protocol stand to capture? 🧵
2/ Currently, the major players in @Ethereum staking are @LidoFinance, @Coinbase, @binance, and @krakenfx.

@Rocket_Pool is much smaller than Lido, primarily due to higher fees.

But Rocket Pool’s higher fee supports greater decentralization as anyone can operate a node.
3/ A few key upcoming catalysts are likely to improve both the size of the pie, i.e., the total amount of $ETH staked, and @Rocket_Pool’s share in it.

On the ecosystem front, the Merge and Shanghai Upgrade should serve as major opportunities for all staking providers.
Read 5 tweets
Sep 1
Next week - Sept 6-8 - @twobitidiot is hosting Twitter Spaces w/ #Mainnet2022 speakers to discuss some of the🌶️spiciest🌶️topics in crypto!

See the lineup👇
Tuesday, Sept 6 at 12 pm ET - Regulatoooors: Wen Clarity?
Wednesday, Sept 7 at 12 pm ET - The New Economics of Ethereum's Merge
Read 5 tweets
Aug 30
Put this on your 📅!!

Next week - Sept 6-8 - @twobitidiot is hosting #TwitterSpaces w/ #Mainnet2022 speakers to discuss some of the🌶️spiciest🌶️topics in crypto.

Regulation / The Merge / Privacy

More info👇
Tuesday, Sept 6 at 12 pm ET - Regulatoooors: Wen Clarity?

w/ @karacalvert of @coinbase, @TomicahTD of @HaunVentures, @KMSmithDC of @BlockchainAssn, & @BrianQuintenz of @a16z
Wednesday, Sept 7 at 12 pm ET - The New Economics of Ethereum's Merge

w/ @mcutler of @blocknative & @thegostep of Flashbots
Read 5 tweets
Aug 29
1/ Over the past year $3B has been stolen from DeFi with 2/3 of that total coming from bridges.

For the "multichain future" to survive, these risks must be resolved.

Let's discuss bridges, hacks that have occurred, and how bridges are mitigating risk.
2/ A cross-chain bridge enables the transfer of data, primarily token assets, between blockchains.

A bridge derives security from either the parties that oversee its operation or the underlying chain and the algorithms that operate the bridge.
3/ Bridges are an attractive target for hackers.

All of the previously noted bridge heists fall into one of three categories:

+Backend exploit
+Multi-signature compromise
+Smart contract vulnerability/implementation error
Read 5 tweets

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