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srinath hariharan 🦇📢
@srinathariharan
I like to build things | prev investment partner @yourcampusfund | ODC1 | Follow me for breakdowns of complex crypto concepts | DMs open
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Jul 18, 2021
•
11 tweets
•
3 min read
VCs have raised crypto funds, but where's the drama?
With Sushi trying to bring VCs on board with its phantom troupe proposal - things are getting heated up
"This Sushi proposal is going to change the way fundraising works in DeFi forever"
h/t
@kermankohli
@ai
a🧵 For context:
Sushiswap is one of the largest crypto DEXs
Sushi's governance system is simple -
- Operational changes are made by the dev team
- Major changes and use of the treasury are voted on by the community
Voting is based on Sushipowah which you get for staking sushi
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Jul 16, 2021
•
9 tweets
•
2 min read
Sam Bankman Fried is one of the richest people in crypto after Satoshi
He's 28 and worth an estimated $8.7 Billion
Here's the crazy story of the Japanese bitcoin arbitrage ploy that got him started
a 🧵👇 in 2017 Bankman noticed that bitcoin traded at a 10% premium in Japan vs the US.
At scale thats $100 mil on a billion dollars *assured*.
An absolute no brainer trade.
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Jul 2, 2021
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13 tweets
•
4 min read
THREAD: DAO's could remove the need for most legal entities
Charities, Venture funds, Rolling funds, RE syndicates and so much more
DAOs are a seemingly simple concept with HUGE scope for application
DAO 101: Everything you need to about DAO's
👇👇👇 What is a DAO?
A DAO is group of people that come together with a shared agenda and pool of funds
And this organisation is governed by a smart contract
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Jun 15, 2021
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8 tweets
•
5 min read
How to get started in crypto
incredible takeaways from the
@GoodTimeShowCH
hosted by
@sriramk
and
@aarthir
If you read till the end you can find out what it takes to DM
@balajis
for crypto advice
A thread From the
@0xPolygon
founders
@_jdkanani
and
@sandeepnailwal
:
- People in crypto communities are cool. Just reach out and ask for advice. There are no stupid questions
- Build > worry about regulation. Worse case scenario - you pack your laptop and take a flight out
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Jun 13, 2021
•
10 tweets
•
3 min read
Bitcoin's taproot upgrade is a huge deal for the entire crypto community
It has finally received approval from miners to move ahead
h/t
@KenzieSigalos
What is Taproot and what does it mean?
A breakdown for the avg non technical user
🧵(1/8) Proposed by Gregory Maxwell:
Taproot was first proposed in 2018 by Gregory Maxwell,
Greg used to be the CTO of
@Blockstream
till 2018,
After which he left to work on Bitcoin's core development (2/8)
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Jun 4, 2021
•
15 tweets
•
5 min read
If you know ETH, you've heard of Polygon - $MATIC
They've had a ton of buzz recently with
@mcuban
investing in them
and have seen a 500% rally since April
But what is it? I read the whitepaper, so you don't have to
Here's all about polygon for the avg non technical user
a 🧵 Polygon started as Matic Network in 2017 by
@sandeepnailwal
@_anuragarjun
and
@_jdkanani
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May 24, 2021
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13 tweets
•
3 min read
@solana
is becoming the AWS of crypto
A recent tweet by
@garrytan
about his frustration using Binance to buy Solana piqued my interest in it
I read and condensed the white paper, so you don't have to
here's an overview on Solana for the avg non technical reader
a 🧵 Solana was started over 3.5 years ago
by ex-Qualcomm and Dropbox engineer Anatoly Yakovenko
Solana is trying to build the infrastructure to power the next generation of crypto and DeFi apps
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May 20, 2021
•
9 tweets
•
2 min read
"For the internet, Ethereum 2.0 launch will be Independence Day.
$ETH is internet independence. 🚀"
h/t
@AlexMasmej
The beacon chain is already here
Scared about your ETH price drop? this might ease your mind
ETH 2.0 for the average non technical user
a thread 🧵 For Context
Ethereum did 1.46 million transactions yesterday, up 72% YoY
With the rapid adoption of ETH, for Dapps, NFT's and more. ETH desperately needed an upgrade
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May 11, 2021
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12 tweets
•
3 min read
"EIP-1559 mathematically guarantees that $ETH will hit $15,590. That is my high level understanding"
h/t
@ricburton
With ETH breaking all time highs this week, understanding it has become an imperative
WTF is EIP-1559 mean for the average non technical user?
a thread 🧵 **Some context:**
Currently 90%+ of web3(NFT's, DAPP's etc) is all on the ETH ecosystem.
With more real world applications spawning everyday, transaction fees(also called gas fees) are becoming increasingly important