First-check VC for crypto startups building an ownership-driven internet | research, risk mgmt, and optimization
May 15, 2023 • 20 tweets • 8 min read
1/20🧵
Let's take a deep dive into the intricacies of Internet Protocols (IPs) like TCP/IP, their history, and how these systems parallel to the Ethereum blockchain ecosystem.
This thread is technical - buckle up! #InternetProtocols#Ethereum
2/20
TCP/IP, the backbone of the internet, has its roots in the ARPANET project of the 1960s-70s.
It's a suite of protocols for data transmission and routing. TCP/IP is layered, each with its specific tasks:
Network Interface, Internet, Transport, and Application. #TCP_IP
May 13, 2023 • 7 tweets • 3 min read
🧵1/7
Introducing Jaredfromsubway.eth, the infamous character who's more interested in coding than crafting sandwiches.
With his MEV bot, Jared earns an average of 1400 $ETH ($2.6M) DAILY!
But who is he, and why should you care?
also, @FuckJaredERC20
🧵2/7 MEV is a system where miners/extractors profit from manipulating the order or censoring transactions.
It's like finding a loophole in the market for opportunities like arbitrage or liquidations.
Jared, our computer nerd, has perfected this game.
