foobar Profile picture
DeFi & NFT founder. Dev, writer, auditor. Past life in MEV + machine learning. Building something new, actively hiring πŸ”₯. DMs welcome
𝓙π“ͺ𝓬𝓴2 Profile picture Jerome Ku Profile picture ITProfligate Profile picture Eric Yong (βš–οΈ,🌍) Profile picture ι›·η₯žValue(✊, ⬜) Profile picture 8 subscribed
Mar 28 β€’ 19 tweets β€’ 3 min read
Real World Assets, Blockchains and Stablecoins 🧡 1/ What's the main value prop of a blockchain?

Possible answers:
- faster settlement times
- verifiable programmability
- global interoperability
- permissionless participation
- censorship resistance
Mar 12 β€’ 6 tweets β€’ 1 min read
jason's an idiot but maybe we should be more concerned with the banks who gambled away all the depositor money, than we are about some tweets

just a thought, not very appealing to people whose entire solvency model depends on opacity and hidden lawmaker bribes tho "they're yelling fire in a crowded theater!"

well the theater appears to be on fire right now so maybe direct your anger at the arsonist over there
Mar 11 β€’ 4 tweets β€’ 1 min read
worst worst worst case SVB prob sees 95% recovery imo

so fair value is ~$0.995, not 92 cents lmfao that said if you go levered long USDC you deserve to lose all your money
Nov 12, 2022 β€’ 25 tweets β€’ 11 min read
Hundreds of millions of dollars are now flowing out of FTX wallets, some speculate liquidators but it's late on a friday night, not typical times for such rapid heavy movements. Some withdrawals are being swapped from Tether to DAI. Hack or insider actions? $26 million here Recipient wallet here: etherscan.io/address/0x59ab…

They seem to be moving everything
Oct 6, 2022 β€’ 6 tweets β€’ 2 min read
somebody on BNB just got hacked for ~2 million BNB ($600 million USD)

the attacker is spewing funds across liquidity pools and utilizing every bridge they can to get to safer chains

complete chaos on the chain is this diversification Image
Jul 20, 2022 β€’ 13 tweets β€’ 4 min read
1/ Explaining the zkEVM

- what it is
- how zk-rollups compare with other rollup types
- the competitive landscape for zk-rollup creators

And who really was first πŸ˜‰ Image 2/ A Layer-2 rollup is a way to batch user transactions together for cheaper gas costs while preserving most of the security guarantees of Ethereum mainnet.

Two main types: optimistic rollups & zk rollups