1/9) The bull market has arrived, here is what you need to know: ๐
Out of the top 30 by market cap; the majority are scams or make ZERO sense!
Distracting good people from the crypto revolution's gems
No shill! I cannot tell you what to buy; only what features to look for: ๐งต
Out of the top 30 by market cap; the majority are scams or make ZERO sense!
Distracting good people from the crypto revolution's gems
No shill! I cannot tell you what to buy; only what features to look for: ๐งต
2/9) Scalability:
Without scalability, real adoption & growth are impossible!
There is no point to chains that do not scale...
Capacity is measured in "Transactions Per Second"
Scalability is about getting the most TPS for the smallest possible validator (node) requirements;
Without scalability, real adoption & growth are impossible!
There is no point to chains that do not scale...
Capacity is measured in "Transactions Per Second"
Scalability is about getting the most TPS for the smallest possible validator (node) requirements;
3/9) Decentralization:
More than only a buzzword; it is the reason why crypto has any value in the first place
Measuring decentralization has to be done holistically, taking multiple metrics into account;
Validator counts/caps, stake distribution, client diversity & politics!
More than only a buzzword; it is the reason why crypto has any value in the first place
Measuring decentralization has to be done holistically, taking multiple metrics into account;
Validator counts/caps, stake distribution, client diversity & politics!
4/9) Governance:
Another often overlooked decentralization metric, in the long run: This can make or break a cryptocurrency
To avoid the inevitable capture & perversion of centralized governance
Formalized on-chain stakeholder (decentralized) governance must be set up! โ
Another often overlooked decentralization metric, in the long run: This can make or break a cryptocurrency
To avoid the inevitable capture & perversion of centralized governance
Formalized on-chain stakeholder (decentralized) governance must be set up! โ
5/9) Economics:
The ideal economic design for an L1 blockchain is; a small tail inflation combined with a fee burn
Sustainable no matter what, while being more scarce in a favorable scenario; it is superior under all circumstances!
Both ETH & SOL got this right, unlike BTC...
The ideal economic design for an L1 blockchain is; a small tail inflation combined with a fee burn
Sustainable no matter what, while being more scarce in a favorable scenario; it is superior under all circumstances!
Both ETH & SOL got this right, unlike BTC...
6/9) Programmability & Consensus:
Programmability is a must-have feature, this has to take the form of a "Virtual Machine"
For example; ETH's EVM or SOL's SVM
Proof of Stake (PoS) is another must-have, the efficiencies gained are undeniable; more secure & more decentralized!
Programmability is a must-have feature, this has to take the form of a "Virtual Machine"
For example; ETH's EVM or SOL's SVM
Proof of Stake (PoS) is another must-have, the efficiencies gained are undeniable; more secure & more decentralized!
7/9) Conclusion:
This only scratches the surface of what a fundamental approach to crypto does
Many will disagree with my conclusions, so think for yourself!
Crypto is full of tribalism & quasi-religious cults; people lose themselves
Fundamental analysis can be our north star
This only scratches the surface of what a fundamental approach to crypto does
Many will disagree with my conclusions, so think for yourself!
Crypto is full of tribalism & quasi-religious cults; people lose themselves
Fundamental analysis can be our north star
8/9) Be the contrarian & join me in speaking the truth; that the top two chains are total nonsense
As they fail the criteria we set out here
Without stakeholder governance or scalability, they are neither decentralized nor useful!
Anything below a few thousand TPS is a joke!
As they fail the criteria we set out here
Without stakeholder governance or scalability, they are neither decentralized nor useful!
Anything below a few thousand TPS is a joke!
9/9) There lies a golden opportunity, as we can touch that future now! ๐ช
The more irrational the market, the greater the opportunity a value investor sees
So diversify your portfolio & your mind, question everything from first principles &;
Whatever you do, resist the cult ๐
The more irrational the market, the greater the opportunity a value investor sees
So diversify your portfolio & your mind, question everything from first principles &;
Whatever you do, resist the cult ๐
โข โข โข
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