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Sep 21 4 tweets 3 min read
"The hardest problem is how to make complex technology easy to use?" says Coinbase product chief @surojit as he walks @twobitidiot through the @coinbase product suite.

#mainnet2022
"We have a model of core, strategic and venture products. 70 percent of resources we dedicate to our core, revenue-generating products ... 20 percent to strategic products... 10 percent to venture products, which are new bets," says @surojit on setting priorities. #mainnet2022
@surojit "A lot of venture products we source from our employees. We run a YCombinator-style pitch day, and that's how our NFT marketplace started as well.

Many of these venture products will fail. Some will become multi-billion dollar products," — @surojit #mainnet2022
@surojit "Coinbase moves slowly" is the biggest misconception @surojit faces. But:

"We are moving faster than any public company out there. We do not move fast and lose. We move fast with security, compliance and user safety in mind,"

#mainnet2022

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More from @MessariCrypto

Sep 22
It’s a bitcoin session! What’s going on with the original coin?

With 🕶 @udiWertheimer, @brockm, @Gina__Abrams and led by @Old_Samster

#mainnet2022 Image
@udiWertheimer @brockm @Gina__Abrams @Old_Samster "Decentralisation and censorship-resistance are not use-cases. They are properties of a system," says @brockm. "Bitcoin addresses a very important problem. It's a primitive upon which we can build powerful applications for the transmission of value. Payments is the killer app."
@udiWertheimer @brockm @Gina__Abrams @Old_Samster "[DeFi and NFTs] did create a digital circular economy, which is something Bitcoiners were interested in since day one," says @udiWertheimer. "Should we change Bitcoin to allow that? I would say probably not. But we need a middle ground." #Mainnet2022
Read 6 tweets
Sep 22
Cycles come and go, but how do you navigate them? We’ll hear from @cburniske in conversation with @twobitidiot for the long view on crypto market cycles.

#Mainnet2022 Image
@placeholdervc's view on tech history:
Hardware era (IBM, microprocessors) -> Software era (Microsoft, Linux, TCP/IP) -> Data era (Google) -> Crypto era.
@placeholdervc @twobitidiot: How would you amend the fat protocol thesis today? (usv.com/writing/2016/0…)

@cburniske: It's holding up pretty well ... We'll end up with a minimum of four base layers, and a war to get to eight.

#mainnet2022
Read 10 tweets
Sep 22
We’re kicking off with a post-Merge convo with @mcutler @chaingenius @bertcmiller led by @christine_dkim

#Mainnet2022 Image
@mcutler @chaingenius @bertcmiller @christine_dkim "We're seeing an entirely new industry [get created] in the last week" says @bertcmiller on block building post-Merge. #mainnet2022
@mcutler @chaingenius @bertcmiller @christine_dkim *with Park Feierbach of @Figment_io, and @chaingenius of @LidoFinance couldn't join us at the last minute
Read 5 tweets
Sep 22
1/ Day 2 of #Mainnet2022, here we come! Another🧵for your AM scrolling... These are some of the sessions you shouldn't miss on Sept 22.

Need to be here IRL? Grab a ticket and join us - mainnet.events
2/ Flashbots' @thegostep on The Merge and MEV-Boost - 10:05 am - Main Stage
@thegostep
3/ So You Got Contacted by the Feds... - 10:55 am - Operators Stage
@teresagoody
Read 8 tweets
Sep 21
One of the most OG people in NFTs is here to talk about the future of the space from the perspective of @opensea #Mainnet2022 Image
Devin goes through @opensea's product suite:
SeaPort - Gas optimized marketplaces
SeaDrop - Minting tooling
OpenRarity - Open standards for rarity

And "rolling thunder" approach to a multi-chain world.
Devin says the underpinnings of a healthy gaming economy is starting to emerge with gaming NFTs.

"NFT transaction counts haven't had nearly as steep as decline [as volume], so what you're seeing is a lot of excitement, but just at a lower price point," he says.

#mainnet2022
Read 6 tweets
Sep 21
🔔 @twobitidiot meets @bgarlinghouse for the first time live onstage at #Mainnet2022 🥊 🥊 👀
"One of the biggest things holding back crypto is tribalism ... I truly believe all boats can rise," says @bgarlinghouse to applause from the packed room at #mainnet2022
"The first time I met with the SEC, I didn't even go with any lawyers, it didn't even cross my mind XRP would be regulated as a security," — @bgarlinghouse on his first engagement with the regulator
Read 7 tweets

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