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BREAD | ∑:

@bread_

Dec 31, 2025

My 2026 Predictions

1/ Defi TVL reclaims and eclipses it's 2025 peak ($101B).

2/ Solana validator count bottoms at ~500.

No one cares outside of the Ethereum bubble. It is also never cited as a reason for a partner not selecting them.

Read 25 tweets

BREAD | ∑:

@bread_

Mar 18, 2025

https://twitter.com/Zeneca/status/1901947954019066057

Always good to do a resources dump occasionally.

Here's a thread of my top 10 sites not included in Zeneca's list. Mostly analytics.

https://twitter.com/Zeneca/status/1901947954019066057

Grow The Pie (@growthepie_eth)

Unparalleled data visualization within the Ethereum ecosystem. Throughput, revenue, DA - it has it all.

growthepie.xyz

Rated Network

A breakdown of the deeper Ethereum node and staking analytics. Location, client, APR all covered.

explorer.rated.network/network?networ…

Read 12 tweets

BREAD | ∑:

@bread_

Nov 12, 2024

Will be tweeting slides for others to get the gist of Beam Chain - Justin Drake's reimagining of the consensus layer

The buckets to be improved and how we can do that through incremental forks

Faster slots is new, but the rest is more of a memetic reprioritization.

Technical debt of current implementation outlined.

Will be addressed with normal incremental forks for low hanging fruits, then massive batched fork.

Read 9 tweets

BREAD | ∑:

@bread_

Oct 16, 2024

Alright, lets talk about @timedotfun and how it turns your time in to a redeemable, composable currency.

We'll do this in two parts, like my "WTF is..." articles to save some of you time.

------------------
SHORT VERSION
Platform
🔹Mobile (PWA) + Desktop
🔹Tokenizes your time (minutes)
🔹Priced on bonding curve (global)
🔹Minutes are "redeemed" for events (calls, direct messages, group chats, etc)
🔹95% of redeemed value, 2% trading fees go to creator
🔹Creator determines which features are redeemable (and their prices)

My Commentary
🔹The team has very specifically gone after Friendtech's creator monetization vertical and addressed key weaknesses (platform fees, no redemption or recurring revenue models, rigid contracts, lack of sustainable 3rd party extensibility)
🔹Product is polished and feature-rich
🔹Redemption features provides the release valve needed in an eco supported by a bonding curve
🔹Sustainable 3rd party extensibility of the contracts could turn this from an app to a protocol (huge)
🔹Headwinds will be FT psychological trauma, fostering an active eco and enforcing creator redemptions

If you want more details (and pictures) - keep reading.

------------------
LONG VERSION

First - Let's address the SocialFi elephant in the room: Friendtech (and how this isn't that).

If anything - it's an opinionated evolution.

FT displayed a lot of potential that everyone kinda saw, but the app, team and vision was ultimately not great at any of them.

Thus, opinionated apps are coming to market targeting subsets of the properties within SocialFi.

Per the above, time is targeting creator monetization, social speculation and the ability to serve as a platform for 3rd party apps atop it's ledger/currency (minutes).

All things I was personally excited about (and which FT didn't capitalize on).

Okay, but how and why is it different?

Glad you asked.

First, lets lay the foundation of the protocol:
🔹Social login (X)
🔹Time (minutes) are priced on bonding curve
🔹You can redeem minutes for events
🔹Events are meetings (optional), direct Q&A messages and access to a group chat

I like pictures:

The thing to note with the above, is the flow of capital (fees) and configurability (minimum redemption price).

Lets zoom in on the bonding curve so you can see what I mean:

Breaking it down:
🔹Creator has the power to set a minimum price before people can redeem for meetings or get access to GC (so you're not hopping on a call for sheckles)
🔹All events are a request/accept model, so you can have people send messages or ask for meetings, but unless you as the creator accept it/respond they won't pay out and return to purchaser in-full.
🔹When redeemed, a few things happen:
- Those minutes are sold in to the curve (supply/price down)
- The value from that sale goes to the creator (95%), holders (~2%), referee (0.5% [optional]) and platform (2.5%)
🔹For group chats the redemption is automatic every X weeks for Y minutes (set by creator), so it simulates a subscription model
🔹Outside of redemption, trades can still take place for speculatoooors where fees are split between Creator, Holders and the platform.

Both flows, visualized:

That covers the basic setup of what's in place today.

So what are my thoughts? I'll lay out a bear and bull.

Bull Thesis
@timedotfun is used for sustainable, one-time user events but also turns in to a protocol where developers build secondary, sustainable interfaces and experiences for creators to redeem events on.

More experiences. More creators. More devs.

You saw some of this with friendtech where ownership of keys granted you access to a 3rd party tools, but that wasn't sustainable for those devs. FT had a 50% fee take rate and without redemption or transferability the only income source was trading volatility. Not great.

Here, devs have:
- A cut of the 95% creator fees
- Can be whitelisted to bypass restricting methods (transferability, minimum limits, etc)
- An API for obtaining internal information

Best part? The team is showing you the way. Subscriptions and group chats leverage this feature just like any 3rd party dev would. It works. Today.

Bear Thesis / Headwinds
In short: cold start, unfamiliar pricing schemes and ensuring creators honor their inbound.

If the creators don't push people to the platform for redeeming their time or if the users don't feel like creators are active enough, both sides could walk away unhappy.

They've already implemented notifications for both email and text (on top of the PWA notis), so this should help the latter problem, but it might feel like a ghost town early on.

The other major headwind I could see is simply pricing ones self being too cumbersome for users which leads to them never even getting set up.

"How much am I worth per-minute?"
"Why do I have to price in ETH? What if it goes down?"
"Well if my minutes are X and my subs are Y but I want to do meetings for Z which would mean my hourly is...?" (you get the idea)

Conclusion
Time is a very thoughtful and well-executed iteration in the SocialFi space, and I could see it gaining steam for people with tons of inbound.

As with any early projects it has some minor UX hitches that make things frustrating (like pricing your minutes and having to do hour/minute conversions to see what you're setting at), but in general the platform is intuitive.

Another promising app out of @alliancedao.

Thanks
Shoutout to @0xKawz and @timed. I talked to the team several weeks ago purely based on SocialFi tweets and when asked about doing a review was given no restrictions - just my honest thoughts and a holistic view.

I'm very happy to announce that after digging in deeper, I'm bullish and will start pushing redemptions to the platform to get a better feel for how it could mature.

@timedotfun If you want to give it a go, here's a signup (yes ref).

Free, mobile and social sign-in:
time.fun/?ref=0xbreadguy

I always do these and remember things I wanted to say, so I'll just append them:
- the most bullish thing for the platform is that it requires literally no one else to be useful to you. You don't need a thriving trader market - it's just helpful.

You can login in and when someone asks for a DM or meeting - just point them to the site. You set the redemption threshold so that 1 person buys and redeems. Ezpz.

Don't need speculators.

Read 4 tweets

BREAD | ∑:

@bread_

Oct 11, 2024

Sorry bros - @unichain is bearish for $ETH (the asset).

...but I'm also incapable of seeing new mechanisms and drawing technical diagrams to help people understand them, so I'll FUD it while detailing some of the cool tech. ☺️🧵

https://x.com/0xBreadguy/status/1832069441867096173

WTF is Unichain?

It's @Uniswap's Defi-focused L2 within the OP Superchain.

What does that mean? It is joining a collective of L2s that share revenue and promise interoperability.

Today, Superchain accounts for ~44% (!) of all L2 fees.

Figures here:

https://x.com/0xBreadguy/status/1832069441867096173

How is it So Fast?

It uses a new block building scheme (collab'd with Flash Bots) which implements a system similar to Solana

🔹Users stream txs to a Builder

Builder then:
🔹Produces a small block
🔹Gives pre-conf to user (~250ms)
🔹Creates big block from small blocks

Read 9 tweets

BREAD | ∑:

@bread_

Sep 14, 2024

Chat, is this enough to live in Southeast Asia for the rest of the year?

(Yes it is)

Here's what my one-bag looks like, and what I'll live out of for the rest of the year following Token 2049. 🧵☺️

Toiletries

Pretty basic stuff here, optimizing for space.

Notables:
- Travel electronic toothbrush (quip)
- Carabiner because shelf space can be hard to come by on the road
- Exfoliant + soft hand towel combo
- Larger travel towel just in case

Electronics

Enough to have a proper workstation on the road.

Notables
- Rooster stand
- Double pixel buds for long listening
- Large external battery for either laptop or phone
- Compact keyboard
- Road tripod + mics for calls, pods and butt pics
- Plug adapter

Read 9 tweets

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